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.
“Think of SRNE shorters at the moment as a few people in the corner at a party asking everyone to turn the music down. YIG does not make this statement to say that all shorters are wrong in their financial judgement but to say the underlying sentiment is bullish simply. “
Great read.
Srne cure #usa and world please
https://youth-investment-group.com/2020/08/05/sorrento-therapeutics-gets-the-green-light-from-jim-crammer-on-cnbc-should-investors-avoid-shorting-srne/
During the three months of 2020, the Company continues to focus on initiatives to grow revenue, expand its customer base, and develop new channels through its wholly-owned subsidiary Nimbo Tracking and direct to customer brands Medallion GPS and CU TRAK. . In addition to the Company’s Master Distributors and Sales Agents, all three brands are marketed through the T-Mobile/Sprint IOT Factory platform and its respective Sales & Marketing Channels across the United States of America in seven geographic markets and the Territory of Puerto Rico.
Sprint Corporation was an American telecommunications company. Before its acquisition by T-Mobile US on April 1, 2020, it was the fourth-largest mobile network operator in the United States, serving 54.3 million customers as of June 30, 2019.[3] The company also offered wireless voice, messaging, and broadband services through its various subsidiaries under the Boost Mobile and Open Mobile brands and wholesale access to its wireless networks to mobile virtual network operators.
54.3 million customers
Sprint Corporation was an American telecommunications company. Before its acquisition by T-Mobile US on April 1, 2020, it was the fourth-largest mobile network operator in the United States, serving 54.3 million customers as of June 30, 2019.
https://en.m.wikipedia.org/wiki/Sprint_Corporation
98.3 million customers
T-Mobile is the second-largest wireless carrier in the United States, with 98.3 million customers as of the end of Q2 2020.
T-Mobile US, Inc., commonly shortened to T-Mobile, is an American wireless network operator. Its largest shareholder is the German telecommunications company Deutsche Telekom (DT) with a 43% share, with Japanese conglomerate holding company SoftBank Group partially owning the company as well at a 24% share. The remaining 33% share of the company is owned by the public through common stock.[3][4] Its headquarters are located in Bellevue, Washington, in the Seattle metropolitan area. T-Mobile is the second-largest wireless carrier in the United States, with 98.3 million customers as of the end of Q2 2020.[9]
https://en.m.wikipedia.org/wiki/T-Mobile_US
Notable highlights of the three-month period ended March 31, 2020 include the following Company achievements:
The Company announced an exclusive and multi-year Nationwide Partnership Agreement with County Executives of America representing 700 Counties with over 450,000 self-insured commercial assets.
County Executives of America
About Us
We know county officials work hard to accommodate the needs of the people they serve and to remain effective leaders, they must continue their important role in shaping national policy.
County Executives of America provides its members with the voice they need to remain strong politically and economically.
CEA works directly with the principal decision-makers in all areas of the federal government so our members get their questions heard and answered.
We also work with private sector business leaders from around the world in order to create economic opportunities for our members' local communities and offer valuable county programs that will help our members cut county costs and improve local services.
In short, we work for our members so they can do more for their counties. Click HERE for more information.
https://www.countyexecutives.org
The Company launched Next Generation Platform Medallion GPS PRO for Light-Commercial Fleets with its Patent-Pending Digital Telematics Signature used for normalizing and scoring of driver behavior based on actuarial insurance metrics.
The Company signed a Sales & Marketing Agreement with Michigan Credit Union League Service Corporation (“MCULSC”) for the distribution of CU TRAK product line enabling Credit Unions to finance more members, improve loan performance, and to provide peace-of-mind for members and their families.
"MCULSC's partnership with IGEN gives us an exciting opportunity to continue providing the relevant products and services Michigan credit unions need to be successful," said MCUL & Affiliates CEO Dave Adams. "It makes perfect sense for us and our team is excited for the road ahead."
"Our partnership with MCULSC will establish a framework for IGEN to better understand how to serve credit unions and bring value to their businesses and members in Michigan State and across the country," said IGEN's CEO Neil G. Chan.
https://www.accesswire.com/593419/IGEN-signs-Sales--Marketing-Agreement-with-Michigan-Credit-Union-League-Service-Corporation
Since 2009 the United States is home to the second largest passenger vehicle market of any country in the world, second to China.[1] Overall, there were an estimated 263.6 million registered vehicles in the United States in 2015, most of which were passenger vehicles.[2] This number, along with the average age of vehicles, has increased steadily since 1960. The United States is also home to three large vehicle manufacturers: General Motors, Ford Motor Company, and Chrysler, which have historically been referred to as the "Big Three".
https://en.m.wikipedia.org/wiki/Passenger_vehicles_in_the_United_States
Business Highlights for the First Half of Fiscal Year 2020 and Year-to-Date
Concluded litigation settlement resulting in the cancellation of 2 billion (pre-split) shares
Completed all payments related to ARALOC acquisition
Secured shareholder-friendly forbearance agreements for outstanding convertible notes
Launched Global Privacy Manager™, industry’s only end-to-end privacy compliance, governance, and consumer loss-mitigation platform
Launched new Data Center in the Raleigh-Durham Research Triangle Region (adjacent to our headquarters)
Released new CCPA Framework Plugin for WordPress
Released Privacy Badge – an industry first, with over 500 subscribers in 2 months
Launched first Privacy Scanner for the world’s leading online video communication platform
Secured contract renewal with the Miami Dolphins for the ARALOC Secure Sports Management Platform
Won new contract with the Pittsburgh Steelers for the ARALOC Secure Sports Management Platform
Appointed Mr. Omkhar Arasaratnam who currently serves as Director of Engineering, Assurant Security for Google LLC to our Advisory Board
Second Quarter 2020 Financial Results:
We recorded net billings of $869,000 for the three months ended June 30, 2020, compared to $483,000 in the prior year period. We recognized $466,000 of revenue during the second quarter of fiscal year 2020, compared to $359,000 of revenue during the second quarter of fiscal year 2019. Deferred revenues were $1,212,000 as of June 30, 2020, an increase of $303,000 from $954,000 as of December 31, 2019.
General and administrative expenses for the second quarter of fiscal year 2020 amounted to $1,666,000 compared to $1,197,000 for the three months ended June 30, 2019, which is an increase of $469,000, or 39%. The expenses for the second quarter of fiscal year 2020 primarily consisted of management costs, costs to integrate assets we acquired and to expand sales, audit and review fees, filing fees, professional fees, and other expenses, including the re-classification of sales-related management expenses, in connection with the projected growth of the Company’s business.
Sales and marketing expense for the three months ended June 30, 2020 amounted to $27,000, as compared to $156,000 for the three months ended June 30, 2019, which is a decrease of $129,000, or 83%. The expenses for the second quarter of fiscal year 2020 primarily consisted of developing our sales operation.
The net loss for the three months ended June 30, 2020 was $2,573,000 compared to a gain of $1,194,000 for the three months ended June 30, 2019. The net loss for the three months ended June 30, 2020 was mainly derived from a loss on change in fair value of derivative liability of $773,000 associated with convertible notes payable and gross margin of $447,000, offset in part by general and administrative, and sales and marketing expenses incurred. The net gain for the three months ended June 30, 2019 was mainly derived from a gain on change in fair value of derivative liability of $2,421,000 associated with convertible notes payable and gross margins of $339,000 offset in part by general and administrative, and sales and marketing expenses incurred.
First Half 2020 Financial Results
We had net billings for the six months ended June 30, 2019 of $1,535,000, compared to $957,000 in the prior year period. We recognized $944,000 of revenue during the six months ended June 30, 2020, compared to $501,000 of revenue during the six months ended June 30, 2019.
General and administrative expenses for the six months ended June 30, 2020 amounted to $3,091,000, as compared to $1,872,000 for the six months ended June 30, 2019, an increase of $1,219,000, or 65%. The expenses for the six months ended June 30, 2020 primarily consisted of management costs, costs to integrate assets we acquired and to expand sales, audit and review fees, filing fees, professional fees, and other expenses.
Sales and marketing expense for the six months ended June 30, 2020 amounted to $148,000, compared to $382,000 for the six months ended June 30, 2019, which is a decrease of $234,000, or 61%. The expenses for the six months ended June 30, 2020 primarily consisted of developing a sales operation.
The net loss for the six months ended June 30, 2020 was $12,754,000 as compared to a gain of $7,224,000 for the six months ended June 30, 2019. The net loss for the six months ended June 30, 2020 was mainly derived from a loss on change in fair value of derivative liability of $9,278,000, associated with convertible notes payable and gross margin of $890,000, offset in part by general and administrative, and sales and marketing expenses incurred. The net gain for the six months ended June 30, 2019 was mainly derived from a gain on change in fair value of derivative liability of $9,234,000, associated with convertible notes payable and gross margin of $462,000, offset in part by general and administrative, and sales and marketing expenses incurred.
Liquidity
As of June 30, 2020, we had cash in the amount of $549,000, accounts receivable of $34,000, and other current assets of $9,000, as compared to cash of $19,000, accounts receivable of $64,000, and other current assets of $9,000 as of December 31, 2019.
https://www.globenewswire.com/news-release/2020/08/07/2075055/0/en/DATA443-REPORTS-RECORD-SECOND-QUARTER-RESULTS.html
https://www.investopedia.com/terms/d/deferredrevenue.asp
Example of Deferred Revenue
Deferred revenue is common with subscription-based products or services that require prepayments. Examples of unearned revenue are rent payments received in advance, prepayment received for newspaper subscriptions, annual prepayment received for the use of software, and prepaid insurance.
The other company involved in a prepayment situation would record their advance cash outlay as a prepaid expense, an asset account, on their balance sheet. The other company recognizes their prepaid amount as an expense over time at the same rate as the first company recognizes earned revenue.
Consider a media company that receives $1,200 in advance payment at the beginning of its fiscal year from a customer for an annual newspaper subscription. Upon receipt of the payment, the company's accountant records a debit entry to the cash and cash equivalent account and a credit entry to the deferred revenue account for $1,200.
As the fiscal year progresses, the company sends the newspaper to its customer each month and recognizes revenue. Monthly, the accountant records a debit entry to the deferred revenue account, and a credit entry to the sales revenue account for $100. By the end of the fiscal year, the entire deferred revenue balance of $1,200 has been gradually booked as revenue on the income statement at the rate of $100 per month. The balance is now $0 in the deferred revenue account until next year's prepayment is made.
Green is gold
Money moves. Security team. Yuh
Move in the piles of gold. It’s like a “gold” rush. 165.1M.
https://walletinvestor.com/stock-forecast/vnth-stock-prediction
https://www.spacefoundation.org/2015/10/19/nanobeak-and-nano-mobile-healthcare-are-newest-space-foundation-certification-program-partners/
How it works
As the vapor that makes up breath enters the Nanobeak Sensor, a chemical analysis for a ‘breath print’ is established and the results appear on smart phone, tablet or laptop instantly.
An individual’s breath print has its own medical signature and has a variety of biomarkers indicating various stages of diseases.
The science
Volatile organic compounds (VOC’s) are organic chemicals that have a high vapor pressure at ordinary, room-temperature. Their high vapor pressure results from a low boiling point which causes large number of molecules to evaporate or sublimate from the liquid or solid form of the compound and enter the surrounding air. The exhaled human breath contains a few hundred volatile organic compounds and is used in breath analysis to serve as a VOC biomarker to test for diseases.
Other applications
The Nanobeak Sensor technology will eventually enable law enforcement across the United States to determine in real time the level of illegal drugs in a driver’s body. The current plan is to have the drug sensor available on the commercial market next year for marijuana detection.
https://www.reuters.com/companies/VNTH.PK
About Nano Mobile Healthcare Inc
Nano Mobile Healthcare, Inc. is a mobile health technology company. The Company is developing personalized and point-of-care screening using applications based upon chemical sensing methods. Its screening device will detect and analyze common components from human breath and provide an early indication of chronic diseases, such as heart failure and various forms of cancer, as well as contagious diseases, such as strep throat. Its product, Nano Mobile Sensor, screens for various combinations so the doctor can identify them before symptoms appear, such as a tumor that appears when patients have a computed tomography scan. The sensor connects through Bluetooth to any smart device running an iPhone operating system or Android operating system. The screening device includes Breath Capture Device, Sensor Module and Application/Software for the Smart Devices. The Nano Mobile Sensor detects chemicals and volatile organic compounds using Carbon Nanotubes.
INDUSTRY
Scientific & Technical Instr.
CONTACT INFO
1 Boston Pl Ste 2600
BOSTON, MA
02108-4420
United States
+1.617.3367100
http://nanomobilehealthcare.com/
EXECUTIVE LEADERSHIP
Joseph C. Peters
President, Principal Accounting Officer
Robert Chicoski
Chief Executive Officer, Chief Financial Officer, Director
James C. Katzaroff
Director
Edward Rollins
Director
Website looks new. What’s brewing?
I like this technology by NASA. Needs it on the phones ASAP.
Woah! That’s cool! They need that for ultra festivals, airplanes, restaurants, corporations, trains, busses, restrooms, university campuses, funeral homes...
Could it run higher? Target .25?
That would be amazing.
My mind was in a trance. I imagined the company clwd exceeding shareholder expectation. That’s when I smiled. :)
Perfect
Welcome Mr. Omkhar Arasaratnam.
I hear and see Google’s marketing is the best of all class on the market. I remember when google was traded for 60 dollars a share. When google bought our nest. That’s when I know they got massive. With a strong security background on the team, who knows what could happen.
Green bay and Steelers is a win, Market to the rest of the NFL. Market to the rest of the players. They need privacy encryption. With covid, everything looks like it’s moving to the net. Massive space. Locking up their portfolios is a must. Privacy is a must. Security is a must. No more leaks. Move on to golf, nba, olympics? Secure their personal portfolios and their businesses. Let them tell their friends! Lock up that security in a vault!
Secuuuriiittyyyyyy
I love it
A 2m dollar interest ?
Minds eye in the Clwd
All American “Gold” Corp. (AAGC) ;)
Smart ceo
Dripping in gold
Gold.. hard asset during helicopter printings
Wish we had covid shield sooner. My friends would still be alive. F*** you covid-19 you piece of f******* s***.
I like risky, accumulation
If the site is up and running, it’s a sign
If the site is up and running, it’s a sign
Igen erating revenue.. ceo loves his company so do we
Liking what I see
Somethings cookin
Wakieeee wakkiieee, let’s get tracking. #tesla #porsche #mclaren #paganni #bugatti #rangerover #mercedes #honda #hundai #rari #formula1 #Chevy #gmc #ford #subaru #voltswagen #workhorse #Toyota #lexus. Keep track of your automobile #sport #trucks #suv #sedan #motorcycles #airplanes #drones
Wakie waaaakkkiieeee
President Trump. Please make it happen for SRNE. We love you. #Cureus
We need it. Our country needs it. ASAP.
Volcano
Beautiful update. Let’s go knock out this COVID-19 bull S***. SRNE Mike Tyson uppercuts to covid-19. Defense like Mayweather on COVID-19 and market shorts lol rush like PACQUIAO. Winning like M.J. Smooth criminal
30 min spit test?! This rocks!!!! Easy indicator. Fast. Clean. Govt will love this! Acquire SmartPharm already !! :D
Imo great company
$IGEN fire!!! Wooooooweeeee!!