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Recently I believe I saw that Amazon had a goal of a carbon neutral footprint within the next several years and electric last mile would be a big push towards that.
TIMBER!!!!, Sonata??? -- To me that is the sound repeated when a big lumber company is working hard and about to be making big money. Hmmmm, you keep repeating it so much, perhaps I should buy more shares.
It would make absolutely no sense to go through the process of increasing the A/S only to do a R/S. I believe the increase in the A/S is, in part, for a major player to purchase a significant interest in Kona.
I still am thinking the AS was increased for a major player to take a strong position in KGKG, not necessarily buy the company out. Leave current management in place to keep doing what they are but provide a cash influx through stock purchase to help things along.
Might be waiting until completion of the S1 to take that position.
Ask for more shares as a wedding gift to replace those that you had to let go.
Sorry, though, that had to be tough and hopefully you can rebound to get those shares you had to liquidate. All the best for your upcoming marriage.
A PR on Monday might be difficult as I understand they are awaiting approval on an uplist application. I believe until that happens they are limited in what can be said publicly. Please, if others are more in touch with this process and know otherwise, chime in.
Sorry but this latest letter could easily send the stock price lower in the coming months. At least Clark has admitted that the revenue estimates for 2020 had to be revised downward. Additionally, however, it says to me that some of the large deals that were expected will not be coming to fruition -- at least not during this year.
I am really beginning to have concern about where we are headed at this point though and unfortunately in too deep to bail.
I think that Clark is caught between a rock and a hard place right now. The last time he announced a deal too early, it never came to fruition. Also, would not surprise me if late today they file for a quarterly filing extension. Right now he couldn't say anything if he wanted to that was not completed factual information.
He is just trying to buy time until something solidifies and that could be weeks, if not months in the future. Sadly, I would not be surprised if next week moves us well down into the 2's. Certainly not what I want to see, but........ I'll still be around for the long haul but think there may be lean times ahead before turning the corner.
I only hope it happens before the end of this year. If not, the share price could really drop like a rock by then.
Wonder how many days will pass before the dilution machine cranks up? See a couple of hundred shares traded at $2.06 and bet that price will never last.
What a load of crap under About Bubblr being an ethical company
Bubblr Inc. Announces Closing of Reverse Merger
GLOBENEWSWIRE 8:00 AM ET 8/14/2020
Symbol Last Price Change
UWRLD 0.0045 0 (0%)
QUOTES AS OF 03:51:44 PM ET 08/12/2020
LONDON, UK, Aug. 14, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Bubblr Inc.(UWRLD), , formerly known as US Wireless Online Inc. ("Bubblr" or the "Company"), an Ethical Technology company focused on the development and commercialization of mobile-first technologies, today announced that its merger with US Wireless Online Inc. is now complete. The combined company will operate under the name Bubblr Inc.(UWRLD), and its shares will trade on the OTC Market under the ticker symbol "UWRLD" under a new CUSIP number 117768101 for the next 20 trading days. FINRA has provided a market effective date for a change in the Company’s ticker symbol which will be announced at a later date.
Pursuant to the closing of the merger in which 126 million common shares will be issued in consideration to US Wireless Online, all of US Wireless Online’s outstanding common shares were exchanged for the Company's common stock. Bubblr Holdings will operate as a wholly owned subsidiary of the Company.
Steven Saunders, Chief Executive Officer of Bubblr Holdings, and newly appointed CEO of Bubblr Inc.(UWRLD), commented, "We are excited to have completed this merger and our transition to a public company and welcome the US Wireless Online shareholders to Bubblr(UWRLD). With the completion of this corporate action, we believe that we are well positioned to continue to develop our technologies within our development and adoption milestones. We look forward to delivering on our mission to change the economic revenue model of the digital marketplace so content providers are adequately rewarded for the content they create, small to medium-sized enterprises, or SMEs, are given access to a marketplace where fairness and transparency win customers, and user privacy is protected.”
A Current Report on Form 8-K containing more detailed information regarding the merger transaction and the Company's financing will be filed with the Securities and Exchange Commission.
About Bubblr, Inc.(UWRLD)
Bubblr, Inc. (UWRLD) is an ethical technology company focused on mobile-first technology that aims to bring back privacy to users, trust in online content, and sustainability to the digital marketplace. Through its portfolio of digital mobile apps, Bubblr’s next-generation mobile ecosystem, and platform, partners with publishers to address challenges related to free online content, while protecting end-users from data harvesting and manipulation. These ecosystems connect into a new model for online search, which is a fair and sustainable ad-free marketplace. For more information, visit http://www.bubblr.com
Important Cautions Regarding Forward Looking Statements
This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended, and such as in section 21E of the Securities Act of 1934, as amended. These forward-looking statements should not be used to make an investment decision. The words 'estimate,' 'possible' and 'seeking' and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition, and other material risks.
Contacts:
Investor Relations:
Stephanie Prince
PCG Advisory
(646) 863-7997
sprince@pcgadvisory.com
Image: bubblr.png
Source: Bubblr Inc.(UWRLD)
I know that I contacted them about some typos that were in the SEC filing and they came back saying everything like that will be addressed. As the filings were over 100 pages, there would need to be corrections. My thinking is that these are to address any typos, etc. In my opinion, particularly with auto correct features available now are just a reflection of sloppiness that should never be filed in the first place. People should be held accountable as this just increases the timeframe required for any approvals.
PRP, I am thinking that since the 15th falls on a weekend, the filings are not actually due until the following Monday. I also believe they can easily get an extension due to Covid.
Current bid for the new shares per Fidelity is about one cent. For all those that were not discouraged before, this would be a wake up call.
Anyone considering signing on to use Bubblr as a customer better really look closely at the fine print. If they did this to the shareholders, I am willing to bet there will be a fine print way to screw over the customers!
What a bunch of two faced scums the Bubblr management are. My quarter of a million shares now probably worth about $2 to $3 in total. Will be doing my best to post on the Bubblr site and others about how ethical their values really are.
Strange that this article from July 14, still speaks of Steve Saunders as being CEO of Bubblr.
https://www.marketwatch.com/press-release/bubblr-is-changing-the-rules-of-the-internet-users-content-creators-and-smes-will-share-the-rewards-2020-07-14
I am thinking another way, knife. I believe with the lining up of AB Distributors and perhaps a joint venture with AB, they don't need a manufacturing facility. Part of the JV would include the utilization of AB manufacturing facilities to package Kona. If that lines up, Kona with AB's facilities would be able to fulfill virtually any production numbers needed.
Go to eBay and check out the guy selling there. You can mix and match a case so you don't have to buy a full case of one flavor. Great way to stick your toe in the water flavorwise that is.
Been in about a dozen stocks where CT showed up and every one the price was devastated within days.
I have to say that in my view, it makes no sense to increase the AS only to do a R/S. I am making a guess that the AS increase will be for the purpose of AB coming in as a significant shareholder, as well as the purchase of another company or two utilizing shares of Kona stock.
There will be no R/S in the immediate future as far as I am concerned.
News today seems to have brought more attention and volume. Hoping it continues and share price increases along with it.
Who needs a ticket on Elon Musk's rocket. -- we're going to get there with Kona Gold fueling us, lol.
and, jtf, all the strong ties much of management has with AB! I know the direction we are going for sure now and it has me grinning from ear to ear.
Joe, that little tidbit is very telling about not only management's involvement and desire to grow this company but also the smaller amount of shares that are even out there for trading purposes. Flippers better beware as they could lose out very suddenly as the word gets out.
carp, let's say my scenario proves out and we initially sign 20 AB Distributors. Think about the initial inventory we would need to stock up 20 AB Distributors and be ready to keep them and others supplied.
My opinion, if this were to happen, Clark's $6 to $8 million revenue projection for this year could be somewhat low!!!
carp, my opinion is that it could depending on what the shares are used for -- sold to Anheuser Busch, perhaps??????? In my mind not beyond comprehension.
Frank, I think you are right about the public offering but it also sets the new reporting standard with the SEC.
jtf, I think this filing may not only stabilize the share price needle but also move it up into a little more respectable price. Then once the S-1 is approved by the SEC and some other things start falling into place, we may start a march northward. Just unsure about the pace but any consistent positive move is great as far as I am concerned.
I started thinking some real far fetched connect the dots theories and just posted this theory on FB. I recognize it is way out there but, please think it through along with all that has and is continuing to happen.
OK, I have really stretched this one out on a limb. Kona's HighDrate and Storm lines are based on Alkame patented technology and, let's face it, for the capacity required to produce all the HighDrate and Storm should Kona have some overnight exponential growth, ALKM could not handle it on their own.
Kona recently inked a 5 year deal with ALKM for them to continue producing the HighDrate and Storm lines. One key property for these drinks is the Alkame patented water processes.
Suddenly out of the blue, a mystery company has come on the scene to foot the cost of a large new facility. Kona continues to stand by its revenue projections for this year and we know that Clark has traditionally been conservative about his predictions and, some of us are talking about the significant potential ties between Kona and Anheuser Busch who just lost Bang to Pepsi. Kona has just increased their Authorized Shares significantly.
Now we connect the dots, so to speak. AB buys an interest in Kona to have a vested long term interest in the energy drink sector. That accounts for the additional Authorized Share increase of Kona. AB also buys and for all intents and purposes owns the equipment that ALKM is setting up for a new customer so ALKM, who refuses to sell or license their Alkame Water patents, for the purpose of producing all of the new HighDrate and Storm product needed to supply inventory for all the new AB Distributors due to the new connections between Kona and Anheuser Busch. ALKM, in effect just manages this facility for AB. This could also explain ALKM suddenly talking about audited fins - a term of the deal with AB.
AB nor Kona could produce the existing HighDrate and Storm product lines on their own without the Alkame patent processes but need to insure that the capability of continuing to stock the shelves that all the AB Distributors would require to keep up. AB also has the inroads with major retailers to "buy" the shelf space required.
I know this is a real reach on my part but if we all think it through with what has been transpiring in recent months for ALKM and Kona, if ALKM refused to give up their Alkame patents, they may have just positioned themselves to be a major part of this whole venture.
Sorry to be so long winded but the only way I could explain it all to sufficiently put the puzzle pieces together.
I have to agree with you, Country about a possible partner of AB. I have been saying that AB may want to have a position in Kona to have some vested interest so they don't have a repeat performance of Bang. This increase in AS could very well be, in part, for an investment by AB while providing Kona with additional funds for the additional production and inventory that would be associated with the AB Distributors.
While on the surface it appears very negative, it could tell a much better story overall.
Anyone out there have a crystal ball???
Sorry to disagree with you chsapeak but I believe that the real issue at hand is in effect a lie about the filing of the S-1. My opinion is they effectively lied to many of us shareholders who specifically asked IR about the filing of it and were ignored or told they were working on it. To me, they were trying to play the semantics card, a la former President Clinton -- "I did not have sex with that girl". They should have just put all the speculation to bed and said the S-1 had not yet been filed rather than lead us to believe Kona was in a "silent period".
My theory is they are in a bad spot due to the revenue projections and flat out turning into ostrich mode with their heads in the sand, hoping that all the negativity will just go away. My view is that by doing this Kona management is just making things worse.
I know, I'll be doing the same but it will tell us volumes about the company management.
I just don't understand what they are doing and I don't think they do either. This shows Steve Saunders as CEO on July 7, yet within the past several weeks, there was legal documentation showing Steve Morris as the CEO.
To me this company is nothing but a classic bait and switch shell game and still no info on what shares if any the shareholders of UWRL will get of Bubblr.
My opinion is that ethics relative to this company is far from the truth in the way it is managed.
They should all be wearing masks and not due to Covid!
As you know, I share your uneasy feelings Country, BUT I just keep going back to our increasing ties to not only AB Distributors but AB itself with the newer employees as well as the product lines and the recent loss of Bang distribution by numerous AB Distributors.
That could very possibly be a strong reason for such a sudden change to virtual radio silence. Something really big may very well be in the works and they could not consider releasing any information until it would be memorialized in writing.
Perhaps it is just a pipe dream of mine but perhaps not.
Regardless, Kona does have a great product line and, I believe, a great management team that until recently has been very transparent. Their sudden silence has to have a reason, particularly with them continuing to stand by their revenue projections for this year!
I agree with you 31twu with one caveat.
I just have a gut belief that Kona's inroads with AB and their distributors could be lining them up to be the replacement for Bang but with stronger ties. I believe the AB Distributors that were moving that drink learned a frustrating lesson by helping in the growth of a product only to see it be pulled out from under them. I believe that AB now really wants a piece of the energy drink sector and likes what it sees in Kona's product line. It could be a great JV relationship, particularly with the AB packaging facilities strategically located throughout the US and beyond.
If that potential were to come to fruition, in my mind your 8 to 10 cent line of thinking could be very short lived on a significant positive movement that would more likely hold.
Regardless of the above happening, Kona has a great product line that is well positioned for the future.
Long and strong, KGKG
Much better response than I was able to get and thanks for sharing that, LHefe. I still have positive feelings about Kona but am just believing that particularly with the Covid situation this will take more time to really hit its stride.
A year ago many of us, myself included, had unrealistic expectations about how quickly this could grow and that was before the Covid wrench.
We need to just quit looking day after day and hour after hour expecting to see some great rocket style movement with this stock. While occasionally a stock will do that, it usually falls back to reality as fast as or faster than it climbed. A steady climb will more likely be ultimately better for all of us as it will provide us with much more in the long term.
Just my 2 cents worth.
You are all still youngsters in my eyes ---- 72 here
Take time to smell the coffee and enjoy life while you are able, it can change in an instant!
I do hope you are wrong on your RS thoughts, COUNTRY. And I personally think that Clark has placed a rather strong obstacle in the way of a RS by providing so many key hires with the signing bonuses of significant amounts of shares. A reverse split at the current price would devastate these incentives the key employees have and, I am confident that if they are able to get their deals with AB Distributors and the Grocery chain signed, the increase in pps will be a monumental help to the overall cause.
With respect to your comment about newly signed distributors no longer being announced, the email I received alluded to previous signed distributors being called and emailed almost to the point of harassment by shareholders. From what I see with this stock and others on iHub, I could envision even a dozen or two overly enthusiastic investors unintentionally becoming an annoyance in their efforts to find out about distributor sales and efforts to get into stores. Basically trying them how to do their jobs.
While I am a firm believer in, as a shareholder, trying to spread the word about the products, I think there is a fine line between helping spread the word and becoming a distraction to the company's efforts to grow. And I do recognize that many want to help as well as be able to find good news to share with our other investor cohorts. The growth of social media has truly created a double edge sword that through efforts to help can actually result in the opposite effect.
Our faith in the product lines and management is what brought many of us here as shareholders and I still believe we need to trust that faith in their abilities to achieve the goals we all want to see come to fruition. While Covid has obviously placed a large bump in our growth road, management has successfully worked around other obstacles to achieve goals, I say lets give them the opportunity to work around the latest one.
Thanks 31twu and chsapeak for your support. I was just venting to some degree as I was hoping for Kona to be much further along by now. The products are great as far as I am concerned and last year when they were talking about having coverage in almost all 50 states last year, I considered this to be a more instant home run. Then they switched gears about distributors.
I do have to admit that I understand about the way they are rethinking distributors. If Kona gets that grocery chain, most grocery chains rely on the manufacturer to deliver and stock shelves when it comes to beverages. At least from what I see here in Florida. There is no way that Gold Leaf could handle continually stocking 600 plus stores at this time. Thus the need for a larger and reliable distributor chain.
I also believe that we are in the right place at the right time with AB Distributors and their separation from Bang. Guaranteed that they are looking for something that is a good replacement with long term potential.
I am just getting too old and have health issues to boot and want to see this whole thing come to fruition before I move to my 6 foot forever home, lol.
Best of luck to all that are invested here. Lets look for something of earth shattering greatness to happen with Kona soon!