Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Good point. it certainly wasn't just DIRV. The major averages took another absolute beating, and I got my butt kicked bad today like anyone else who is net long in the market. Most people don't realize the extent to which algorithmic trading by computers now AI trades represents a huge percentage of trades on the major indexes, and these algorithmic systems have never been fully stressed tested fully as these systems are constantly evolving. I think DIRV and other Pink Sheet stocks are not a good comparison to the major indexes, but when risk assets are being withdrawn from the marketplace like we've been seeing in stock markets around the world recently, there aren't many places to hide. Right now the markets are spooked by higher interest rates, fears of China US trade war, Saudi political instability, and the mid term elections coming up shortly. IMO the Chinese are sitting tight for now, waiting to see if Trump maintains control on Capital Hill for another 2 years. I think if Trump maintains Republican control, the Chinese will realize they'll need to make a deal.
Finally, lots of fear in the market evidenced by the VIX. Markets tend to over react, and IMO the October Sell off is almost over.
DIRV lost 18% yesterday and more than 10% today. Taking some serious hits and losing value fast. I believe DIRV is selling a lot of shares while the PPS is still high and all those new shares being sold is diluting the share price.
As of the last 10-Q, Directview reported 221,543,300 outstanding shares and the authorized limit was 1,000,000,000 outstanding shares.
Based on the last reported outstanding number of 221,543,300 outstanding, DIRV could have increased the new share count by 4X and still be under the 1,000,000,000 authorized.
By raising the authorized to 4,000,000,000 can mean only one thing. An endless supply of new DIRV shares are ahead.
Authorized shares raised from 1,000,000,000 common shares to 4,000,000,000 common shares. Not rational to raise the authorized from 1 billion to 4 billion when there are about 300 million outstanding now. A heck of a lot more dilution on the way in my opinion. See link.
https://www.otcmarkets.com/filing/html?id=12913775&guid=aLgMUFXCNX-UCth
RDGL tripled it's new common issuance this year and at the end of the quarter had just $584 in cash. Oh boy.
RDGL posted a Net Loss of ($6,011,970) last quarter, a 396% increase in net losses vs the same period of 2017.
2017 Q2 Net Loss ($1,518,795)
2018 Q2 Net Loss ($6,011,970)
With the Authorized raised from 1,000,000,000 common shares to 4,000,000,000 common shares, Roger Ralston now has a green light to go from the current 221,543,300 common shares, and issue up to about 3,700,000,000 more new DIRV common shares.
Directviews's authorized shares have been increased significantly recently from 1,000,000,000 authorized common shares to 4,000,000,000 authorized common shares.
Why would Roger increase the authorized common shares to 4,000,000,000 common shares when DIRV has 221,543,300 outstanding as of August 14, 2018?
Just using RDGL's own numbers. Sorry if you can't see the bottom line trends in the numbers. GLTU
Why would Roger increase Directview's common shares authorized from 1 billion common shares authorized to 4 billion common shares authorized when Directview last reported 221,543,300 common shares outstanding?
My numbers I provided are accurate and I'm sorry you don't like RDGL's reported financials. I like dealing in financial facts, not hyped up marketing to sell shares.
I give sell advise just as many give buy advise. It's nothing personal. It's all based on mathematics. That's all because I just do my analysis based on reported numbers by the company.
I am extremely negative on RDGL stock and I will explain. First, there is an incredible amount of organic equity dilution due to the huge amount of new common share issuance in RDGL.
Consider, on March 28, 2018 RDGL had 71,447,213 common shares outstanding.
By August 16th, 2018 RDGL had 373,927,406 common shares outstanding, a 523% increase in new RDGL common shares issued and outstanding in just about 4 1/2 months.
The second reason for my negative opinion is that Net Losses are accelerating quickly. Consider the reported Net Losses by RDGL for the first 6 months of 2017 vs the first 6 months of 2018.
First 6 months of 2017 Net Loss ($1,935,560)
First 6 months of 2018 Net Loss ($6,913,155)
The financial trends above are not good.
RDGL's Net losses for the first 6 months of 2018 have increased by 357% compared to last year.
Because of the huge increases in the new share issuance, and Net losses that are 357% larger, I would advise traders to sell soon. Massive common equity dilution coupled with huge increases in Net losses is a lethal combination for common equity.
RDGL's own reported numbers tell the story better than any penny promoter nonsense.
I don't see any evidence that would suggest the dilution is over. Quite the opposite. The last public disclosure from DIRV was on August 14, 2018 and the outstanding shares was 221,543,300 outstanding common shares, up from the 121,212,278 outstanding common on April 17, 2018. The numbers are very clear. An almost doubling of the outstanding shares in just 4 months.
The last reported outstanding share count was on August 14th in the amount of 221,543,300 outstanding common shares.
On November 14th I believe DIRV's third quarter report is due. And once the quarterly report is filed, everyone will get a peek at an updated number of outstanding shares. Again however, I see nothing to suggest common equity dilution is over. It has been more than 2 months since this August 14th share count, and DIRV could be pushing 300,000,000 common shares outstanding by the end of Q3, and even more today.
We will see the answer when DIRV reports in a few weeks.
I've followed DIRV and Roger Ralston for many many years. I am very aware of all the past reverse splits, never owned stock in DIRV, never would own it, but check in from time to time to see what Roger is up to. Looking at all the new shares being issued, it appears Roger is operating out of the same playbook he's always used.
Well good luck to you then sir!
I am not bitter about anything but some posters don't show proper decorum on IHub, don't add any real value except to bash others they disagree with. I posted relevant information regarding DIRV's outstanding share growth and the gentlemen from Arizona replied with inappropriate replies. I expect to be treated with civility on any board and I won't tolerate a board gatekeeper who adds no value but to bash those who have an opposing viewpoint. Everyone deserves an opinion, posters need to stay on topic.
I am not afraid of board bullies, and your past stock recommendations have been disasters. Seriously, you have no business giving out stock advice given your record of .0001/share companies.
I think you've been working 1000X harder here sir. Talk is cheap.
https://investorshub.advfn.com/boards/boardposters.aspx?boardid=25199
Those are DIRV's own filings sir and I've linked them for you in my previous post.
I get the numbers from Directview's SEC filings. Usually the current shares outstanding are listed on the first page of 10-Q and 10-K SEC filings.
In this first link, DIRV's filing states the company had 16,010,436 outstanding common shares on January 15, 2018.
https://www.otcmarkets.com/filing/html?id=12476650&guid=F-NMUnsLJ3gjM3h
In the second link, DIRV's filing states the company had 17,142,512 outstanding common shares on January 24, 2018.
https://www.otcmarkets.com/filing/html?id=12493744&guid=F-NMUnsLJ3gjM3h
In the third link below, DIRV's 10-K states DIRV had 121,212,278 outstanding common shares on April 17, 2018.
https://www.otcmarkets.com/filing/html?id=12688759&guid=F-NMUnsLJ3gjM3h
In the fourth link below, DIRV's 1st Quarter 10-Q filing states DIRV had 154,764,239 outstanding common shares on May 21, 2018.
https://www.otcmarkets.com/filing/html?id=12770046&guid=F-NMUnsLJ3gjM3h
And finally in the link below, DIRV's 2nd Quarter 10-Q filing states DIRV had 221,543,300 outstanding common shares on August 14, 2018.
https://www.otcmarkets.com/filing/html?id=12921784&guid=F-NMUnsLJ3gjM3h
DIRV is issuing new shares at a very fast pace and the organic dilution taking place here is very excessive in my opinion.
DIRV shares outstanding
January 15, 2018---- 16,010,436 shares
January 24, 2018---- 17,142,512 shares
April 17, 2018------- 121,212,278 shares
May 21, 2018------- 154,764,239 shares
August 14, 2018---- 221,543,300 shares
The rapid growth in new shares issued is eroding the equity structure of each common share. Incredible organic dilution rates have dire implications for equity holders.
That Jane King, Inc. produced NYSE video of Roger really bombed. How much DIRV shareholder capital did Roger use to pay Jane King, Inc. for that interview? And how much shareholder capital did Roger use to pay for the Nasdaq video? These promotions by DIRV were nothing more than paid pumps using shareholders money. What a joke.
Always looking forward but I look for "trends" in the financials, and all the financial data points from CELZ's report were trending significantly lower. If I saw improving financial trends I'd agree with you. However I saw rapidly deteriorating data points in the report. Are the numbers trending up or trending down? In almost every data point, CELZ is trending down and significantly so. Sorry.
Given CELZ's financial results, toxic lenders are going to require even better terms going forward from CELZ because these toxic financiers face much greater default risk with CELZ. Look no further than CELZ cash position of $100K. CELZ is burning cash so fast CELZ has no choice but to take on more toxic debt, keep creating and selling more than 100 million new shares per month into the market. Otherwise CELZ runs out of capital. Cash burn rate is way way too high and something has got to give with the huge increases in shareholder liabilities/deficits, and microscopic sales. It really doesn't get much worse than the CELZ's results posted after the close.
CELZ only did $4800 in revenue. CELZ's revenues crack me up because my granddaughter generated more money selling Girl Scout Cookies last year. A lot of CELZ shareholders are left holding a bag with nothing in but nearly 5X times larger liabilities, 12 times larger losses, and shareholder deficits that are more than $8 million dollars more.
Do shareholders realize that for the first six months of 2018, CELZ had just $14,400 in sales, yet over that period lost $14,018,984. In other words, for every $1 in sales, CELZ lost $973. Unless you're really really bad at math, you should understand CELZ is a formula for disaster for the common shares. Glad someone else sees the light.
Who has time to post to the CELZ board 85 times per day? Frankly, I think it's obnoxious. It's like reading constant spam and it ruins the IHub experience.
Are you CELZ's Investor Relations person? Was just wondering because it's like your 84th post you've posted just today. Are you employed by CELZ?
Best of luck to CELZ shareholders tomorrow. That was one terrible 10-Q. Just hope shareholders don't lose too much money. Hopefully people trimmed their position before the close of trading today, and were able to book some profit.
OMG. Don't believe everything you read on stock message boards. That goes for the CELZ board, or any board
If everyone is to be believed and is buying CELZ like crazy, why then does the price now seem to go down everyday? I have a feeling there are many people who say they're buying CELZ like crazy when really they are selling CELZ like crazy. If demand for shares exceeded supply of shares, the PPS would rise. If supply of shares exceeds the demand for shares, the PPS falls. Therefore if the demand for shares is really high as bulls are saying, the PPS could not fall unless the supply of new shares keep getting larger. And in my opinion, the PPS is falling now because millions of new shares are being added to the outstanding share count every single day by CELZ's toxic financing schemes. And the more new CELZ shares there are added to the pot, the less each share is worth.
Can anyone post links to any Caverstem related studies? Any peer to peer reviews in Scientific or Medical Journals on Caverstem? Because I'm coming up snake eyes. Anything that can add some substance to the safety and efficacy of Caverstem besides what is PR'd by CELZ? Because I've seen no published studies on Caverstem besides PR's by CELZ. In advance, thank you.
CELZ still needs approval from CBER to begin marketing Caverstem to the public. If CELZ management has the approval letter from CBER then management should post it. Because I certainly haven't seen it.
Does CELZ have an IND from the FDA in regards to Caverstem? And, does CELZ have approval from CBER to market Caverstem to patients? In advance, thank you.
Sales declined at DRUS by 28.3% year over year. If the drone industry is going gangbusters, why have sales at DRUS declined by 28.3 compared to last year?
Misinformation? I posted that DRUS's sales have declined 28.3% in a year over year revenue comparison.
For the first 6 months of DRUS's 2017 corporate year, DRUS posted $12,604,727 in sales. And in the first 6 months of this corporate year DRUS posted $9,035,403 in sales.
If I am posting false misinformation, please tell me what is false about the above statement. In advance, thank you.
With a decline in sales of 28.3% year over year, why does anyone like DRUS's prospects? And what does it say about DRUS's business if DRUS can't even come close to matching 2017's revenues?
The biggest problem with DRUS is that sales have dropped considerably in year over year comparisons. Just look at the revenues for the first 2 quarters of 2017 vs revenues for the first 2 quarters of 2018.
Q1 & Q2 revenues 2017 $12,604,727
Q1 & Q2 revenues 2018 $ 9,035,403
According to my calculations, DRUS's sales are down 28.3% year over year. When your topline drops 28.3%, it's a strong negative indicator. If the drone marketplace has been going through the roof, why has DRUS's business declined by more than 28% ? Because of declining revenues in a growing marketplace, I would rate DRUS a sell.
CELZ is con job. People should know that stem cells will never increase blood flow to the penis because stem cell therapy cannot fix blood vessels that have already been affected by atherosclerosis. That's just a fact. And if you can't increase blood flow to the penis, you can't cure impotency.
Are you Tim's Lawyer? And if you're not, why should anyone believe you?