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I don't know what to tell you... If you don't like this stock, then find another one. All the info as to why it's getting alot of hype is out there for you to find. Profitable and stable penny stock, great float, half a million cash on hand.
I think it's in the stickies on the DRGV ihub page.
Spin off*
Yup, no reason to soon off. The formula they have now is clearly working as is.
I'm trying to wrap my head around why this hasn't received any interest. I've been in stocks millions in debt before, that are trading at .02-.05 with a similar share structure as DGRV. This is a fully reported company with revenues that's profitable.
DRGV is frustrating as crap lol. Everything possible is in place for a huge rise, yet... no volume at all.
News of the 10-Q isn't on any of the major news outlets. I guess it's not enough exposure.
With about 1.5 billion shares outstanding that's not possible. For valuation sake, it should be just over a penny, which is still significantly higher than it is now.
If that's true, then there were almost 250 million shares bought, which equals about 50k dollars. That's a huge chunk of the shares outstanding, just about 16% of all the shares available from the company.
20 million a year in revenues times about 1.5 billion shares outstanding equals a share value of .013. We are at around .0002-.0003... this doesn't make any sense.
Nah, not here. This is one of the more solid companies I've seen in pinky land.
I wouldn't exactly describe it as traded, they were dumped by someone.
This is getting run down today, I'm interested see why. Profitable pinky stocks are very hard to come by.
Ughh, cash on hand went up over 60%. Almost all pinks are in the start up phase and are tons in debt. This is a profitable company. If you don't like this company then find another position.
Float is now is a little over 1 Billion according to the quarterly.
Yup, that's why most companies go public, is to raise cash on hand for the company. Which is exactly what happened this past quarter.
Per the 10-Q, cash on hand for the company rose over 60%. That's a great thing for an investment company to have. That's how they make money... with having more and more money available to invest.
I'm excited to see what happens tomorrow for sure.
I've been in stocks before that ran to over a penny that were millions in debt. This is a profitable company. I think this takes off out of the trips soon.
Has anyone called the company about where the financials are? I will call here shortly, no way it should be taking this long.
Bid sitting is all well and good, but it also leaves you exposed to missing a run and you are left chasing.
If they have 20-25 million profit with 1.33 billion shares outstanding, that equals well over. 01 share price. 25 million equals a share price of .0187.
I know this would never happen, but if people start their bids up this would fly.
3's gone
Ihub rule #1, don't respond to the person who always quotes everyone's statements trying to prove them wrong lol. Every board has that person, I always identify that person and block them. No matter what anyone says they will try to disprove you to make their side of the argument look valid. Most people here are not or have never been professional traders. I have FINRA series 6,7,63, and 65 and have worked for securities firms before. I don't post much on here because half the people on ihub have absolutely no idea what they are doing, and I have no time because I'm actually working. I dabble in the penny stock world from time to time with personal money. All this stock needs is some financial info and to become current and bam this will go well over .001. Good luck to all. Take what people say here, if it's positive or negative about a stock with a grain of salt.
Financials are due this week, correct?
When do we think financials will come out?
No body is selling at 3, going to have to move up your bids.
Strong trading day here, it takes forever to move up in the trips.
Are they expecting a possible new contract here? The chart looks pretty ugly to be honest.
Net income went from a 700k+ loss to a 500k gain.
I love when all these shorters start to sshow back up on the board again after their hibernation for so long. Chart says if this goes above .0033 or so there is no resistance again until up at .0047. We might have a day or two of sideways trading until the next leg up however.
That is a mandatory statement that every companies 8-k and 10-k has to have in there by law lol. It's by no means specific to REVO in the slightest. You have to be joking with this right? If this is a serious statement that you think backs up your argument, then I have no idea what to tell you lol.
New interview video from 6 days ago with Solomon Ali:
Watch "REVO Questionaire with Solomon Ali" on YouTube
REVO Questionaire with Solomon Ali:
Run vndm into the ground.
Absolutely nothing has changed since a few days back. Just people losing interest and it's being run down.
3:30 and zero volume? Interesting.
Huge bid ask spread eod.
I have zero control over when and how the news gets posted to ihub. That's all the admins. I can just control the posts on the board and stickies.