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I'm a buy and hold. My best ones right now is BAC which i got around 13 and aapl which i got in the 90's
Never said or remotely indicated the company was a sham. In fact if you look at previous posts, my always indicated they looked good in the long term but just over priced in the short term. People can run technical analysis all they want but at some point fundamental valuation will catch up. Dont forget the company hands there hands in more then just iot. They still need to prove market acceptance of pet tracker ans their mesh technology is 1 year out at minimum.
Their current revenues is going to come from UGO HUB and will have the biggest impact on the bottom line right now.
GOPH is a public company that's been around since at least 2009. It's reinventing itself by creating new products and purchasing other companies part of its business plan. It changes its name feom Forex international trading corp to Gopher protocol after reverse splitting the company to absolutely nothing. This ia far from being a start up.
Buyout is highly unlikely at this stage. Most of the company book value is with UGO HUB. Very little had been applied to the IOT side. If someone wanted to buy the IOT , i don't they will pay much for it.
I'm a long on the stock. I was lucky was told to give this stock a gander when it was around .30 by $CBU pres. Looked good and decided to get in. I think 2-3 years down the line it's gonna be huge. From fundamental i think it's way overpriced but seems to be making tons for the technical traders. Concern will be what happens when the 10-K is released at the end of the month.
Hey BP. good luck to you
I thought companies had to pay for their news to be distributed thru IHUB. I've only seen one other company i've tracked on IHUB actually use it.
GOPHER NEWS
Gopher Protocol UGopherServices Limited, a Wholly Owned Subsidiary, Enters Agreements with Allied Wallet
https://finance.yahoo.com/news/gopher-protocol-ugopherservices-limited-wholly-110000524.html
GOPHER hasn't officially announced it but this looks like a good indication the purchase of SPARE will close.
“We believe Allied Wallet’s award-winning payment technology and network of merchants will provide us with the ability to introduce the Spare CS technology on a worldwide basis in an expedited manner,” stated Gopher CEO, Greg Bauer.
I don't think it's their PR firm.
1st the article starts with the following
Investorideas.com (www.investorideas.com), a global news source covering technology, including Artificial Intelligence (AI), issues a report on the sector and some of the publicly traded companies making headlines.
About Investorideas.com - News that Inspires Big Ideas
www.Investorideas.com is a meeting place for global investors, featuring news, stock directories, video, podcasts, company profiles, interviews, and more in leading sectors. Sectors we cover include tech (AI, drones, internet of things), payments, crypto and blockchain, biotech, mining, energy, renewable energy, water, marijuana and hemp stocks, food and beverage, defense and security (biometrics/cyber), Latin America, sports, entertainment, luxury brands, and gaming.
Investorideas.com article
https://finance.yahoo.com/news/companies-using-artificial-intelligence-technology-144500639.html
Disclaimer:
GOPH) Gopher Protocol (GOPH) is a PR, social media and publishing client and compensates Investorideas.com: three months effective April 4, 2016 - three thousand five hundred per month Amended February 2018 five thousand per month
My long position has a 700% return right now . ;)
GOPH is trying to save themselves from caveat emptor i think. They know there is no valid reason for the jump in stock price and activity.
$ICBU Enters MOU to purchase LCG Plastech
https://finance.yahoo.com/news/imd-companies-inc-icbu-signs-130000061.html
2/28/2018 Announced negotiations to acquire SG Minerals
https://finance.yahoo.com/news/imd-companies-inc-icbu-negotiation-130000533.html
If recent announcment complete, the company will have 2 mining companies as subsidiaries and 1 manufacturing company.
the current mining company has records profits for the past year.
https://www.otcmarkets.com/stock/ICBU/disclosure
official press release to go with 8k
https://finance.yahoo.com/news/gopher-protocol-proudly-announces-closing-115700368.html
Link to target company $ICBU
http://www.lcgplastech.com/
EXMT investment IMD Companies signs MOU
https://finance.yahoo.com/news/imd-companies-inc-icbu-signs-130000061.html
Target Company link
http://www.lcgplastech.com/
Mr. Ranjit Pattnaik, Managing Director of LCG stated, "We are excited to form this partnership with IMD Companies Inc. We feel that being part of a public company like IMD will give us more exposure and will also give us more visibility for business expansion with the other mining companies that IMD owns. We look forward to working with the IMD team and feel that we can greatly benefit each other in our desire to grow both companies' revenues and profits."
Especially when we all know it's not true. But it is what it is.
The ability to raise funds via private placement fizzled out quick. Back to loading debt. They are going to need a quite a bit of money to get everything up and running.
Surprised they didnt announce they were extending the indie ordering
On top of that all whistleblowers have information. Documentation, taped calls , etc. Nobody has the time to investigate vendettas.
That's the number that matters the most
The company posted net profits of $ 1,137,431
umm. no. where again did you see company made 15million dollars? or are you making that up
maybe to a certain select few people. Others who no better don't view it that way
Another mining company in India.
Mr. Arsad Hossain, Director of SG Minerals, stated, "we are excited to work with iMD Companies in order to expand their mining operations. iMD Companies, Inc. has appointed a due-diligence team in India to start the due-diligence process immediately. Once the due-diligence process is complete the board of directors of iMD companies, Inc. will review the report and enter in to a definitive agreement. When the definitive agreement is completed the company will announce its completion immediately."
https://finance.yahoo.com/news/imd-companies-inc-icbu-negotiation-130000533.html
You still on the website? Have you noticed that none of the press releases reference the website? Have you noticed even Johns twitter account doesn't reference the website.
Worry about the website when the company starts promoting the website. Not sure if you realize but its still points to a test environment. Also, looks like they are still working on it. I've seen a few corrections have been made and there have been functional/design changes as well.
Bottom line the new website is no in a "production" state yet.
If course it wasn't. Company isn't going to pay for a service that says they have no virtual cash on books and debt has been increasing. Too much disclosure there.
They make sure they control the pump
GOPH didnt disclose they pay to have their stock promoted (pumped). The paid promoter disclosed it as they should.
It's all in the disclosures
Gopher Protocol (GOPH) is a PR, social media and publishing client and compensates Investorideas.com: three months effective April 4, 2016 - three thousand five hundred per month Amended February 2018 five thousand per month
http://www.investorideas.com/About/News/Clientspecifics.asp
So far i've only seen one person promoting the company who has created mulitple accounts and they do pay for positive articles to be written about them.
Not sure why a real company with real products will need to do that. Especially when they have board members who have relationship with Steve Wozniak. Just sayin.
Lol. Not everyone. Normally you see a third party do the pay to play. I'm a bit surprised to see its the company itself. Company is not as cash a strapped as i thought if it can wast money on this.
Meh. I question these pay for play articles.
Absolutely agree. As far as i'm concerned the company is moving along. At some point there will be a breakout. Patience is the key. Long and strong here.
Interesting cuz I thought you already was. Lol.
Did you know plutusx is actually a hedge fund for bitcoin?
Says in negotiations to acquire. Big difference then actually acquiring anything as you indicated. Like I said before, nothing acquired.
Well new company name was announced, be management team was announced, all thats left is new ticker which they don't control.
Company went dark 2 years ago. Based on everything I've seen , the new business plan looks to be less then 6 months old.
They are changing their whole business. That's starting from scratch
What acquisition are you talking about? Last acquisition was KRSNA. You have inside info?
I honestly can’t wait to see “WHAT” you claimed you acquired
No it was interpreted correctly. The reference is to people looking for that quick buck. These are people who watch the stock everyday looking to get out. The can go ahead and go. You can't force PR's when information and plans are not ready. If people aren't happy with the slow movement of the stock then they need to go. Easy as that. As I said before, none of the PR's indicated a quick rise, in fact the opposite was said. The company is starting from scratch and reinventing itself. That takes time.
Lmao. At minimum people should at least complain to the correct company.