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.
And yet we are up 10% from the close on Aug. 11th when the last "disastrous" 10Q was released, lol!!!
And going much, much higher as soon as this week.
Think about that ;)
Comical isn't it....FWIW, today's candle on the daily chart is very similar to the candle of June 8th....within a few days of that June 8th candle.....BOING ;)
Bid continues to creep up....33 now
Like impending doom ;)
Yup, Robert Roche isn't the only person with a ravenous appetite for RVUE shares ;)
Agreed Cheds. I continue to average up as funds allow.
Thanks to the clown who posted the 350k on the ask at .035 on Friday. I bought some of them and they are chillaxing with millions of their friends in my account down here in sunny Miami ;)
L2 set up for a run into the .04s.....all we need is some ask slapping.
This is a really interesting point XzX. I think it would be a worthwhile exercise to see what kind of value 49% of Oak Lawn Marketing would represent TODAY in a public company like RVUE.
First, that $307 that DCM paid for the closely-held (aka private) OLM was likely at a 5 or 6 multiple to EBITDA.
Let's be conservative and assume the higher multiple of 6 (meaning OLM generated less EBITDA) which would translate into $100M in EBITDA for OLM at the time when DCM bought 51% back in 2009 ($51M * PE of 6 = $306M).
Now let's try to account for growth in the business since 2009. Let's be conservative again and assume only a 5% growth in EBITDA from the 2009 acquisition. Please note the deal was most likely based on 2008's EBITDA so I will start at 2009.
2009 OLM EBITDA - $105M
2010 OLM EBITDA - $110.25M
2011 OLM EBITDA - $115.76M
2012 OLM EBITDA - $121.54M
2013 OLM EBITDA - $127.63M
2014 OLM EBITDA - $134M
2015 OLM EBITDA - $140M
2016 OLM EBITDA - $147.74M
Now, let's assume Roche rolls the 49% of OLM he still owns into RVUE on January 1st. He would basically be rolling $72.39M worth of EBITDA into RVUE (49% of the 2016 OLM EBITDA of $147.74M) given the 5% YoY growth assumption above.
Finally, to get the theoretical value of RVUE post Roche dropping his 49% of OLM into it we would need to ascribe a conservative price to earnings multiple (PE multiple) of 15 to get a theoretical market value of $1,085,850,000.
Divide that by say 350M O/S and you come up with a $3.10 share price.
Agreed, thanks buddy.
We both, as well as others on this board, know that it truly is just a matter of time before RVUE makes a violent move to the upside.....most likely on Mr. Roche's timeline ;)
LOL!!!
All in all a decent week in RVUE peeps. We need these consolidation days/weeks to make the advances stronger when they occur.
FWIW, taking a look at the weekly chart this past week was the lowest volume week since Feb 1st. Looks to me like volume has always tailed off just before the next leg up on the chart.
Couple that with Roche's most recent 7M share buy, the Ichimoku on the weekly chart, the pinching bollies on the daily chart and the fact it seems someone has been holding the price in the .03-.035 range (CDEL stacking the ask again today with 2-3x the daily volume) this past two weeks all tell me RVUE is going much higher sooner rather than later.
Despite the lack of noise and absence of the IHUB "herd" RVUE has more going for it than any other OTCBB/Pinksheet stock.
Looking forward to the RVUE/Roche story unfolding throughout the remainder of 2016 ;)
Have a great weekend guys!!
Some one should tell the idiot at CDEL that RVUE is controlled by a guy worth half a billion.....and it ain't your typical penny play.
I hope that clown is shorting so Roche & Co. crush his ass ;)
Another thing to pay attention to from a chart standpoint is the Ichimoku cloud on the weekly chart.....we are about to crossover to a green cloud.
FYI, RVUE's share price has been above a green cloud on the daily chart since mid-June :)
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:ichimoku_cloud
Yes sir Trade....he is also one of the few well known professional money managers to advise people should "take a flyer" on a penny stock once in a while for the risk/reward ratio.
Love Peter Lynch for that alone.
Thanks for assisting X....you know I am still technologically challenged after all these years ;)
Peeps need to take a look at RVUE's daily chart....next leg about to begin with bollies pinching again......BOING ;)
Whoever is trying to block the ask should be careful. Just might lose those shares ;)
We have ALOT OF GREEN ahead of us between now and Roche's closing transaction.
If his closing transaction is a buyout similar to his OLM deal with DoCoMo it may not require a Form 4 at all ;)
Looks like the next leg up will be starting any day now ;)
We can only hope ;)
http://archive.fast-edgar.com//20160826/A4AJL22DZM22U9Z2222B2ZZ94E4RZB22D282/
Item 5. Interest in Securities of the Issuer.
Item 5 is hereby amended by adding the following disclosure:
(a) – (c) On May 10, 2016, Acorn Composite Corporation, The Grand Crossing Trust, The Felicitas Trust and The Robert W. Roche 2009 Declaration of Trust entered into a Purchase and Sale Agreement with Ritsuko Hattori-Roche, pursuant to which Ritsuko Hattori-Roche agreed to purchase an aggregate of 17,422,947 ordinary shares beneficially owned by the sellers, equal to about 21.97% of the equity of the Issuer, including (a) an aggregate of 12,052,976 ordinary shares and 50,072 American Depositary Shares, each of which represents 20 ordinary shares (“ADSs”), for a total of 1,001,440 ordinary shares underlying the 50,072 ADSs, held by Acorn Composite Corporation (of which Mr. Roche is the sole owner), (b) 1,846,291 ordinary shares held by The Grand Crossing Trust, (c) 83,791 ADSs (representing a total of 1,675,820 ordinary shares) held by The Felicitas Trust and (d) an aggregate of 42,321 ADSs (representing a total of 846,420 ordinary shares) held by The Robert W. Roche 2009 Declaration of Trust (of which Mr. Roche is the trustee).
The purchase was consummated on August 25, 2016, at a purchase price for each of the ordinary shares and ADSs equal to the fair market value thereof as of the purchase agreement date, as determined by an independent professional valuation firm.
The description of the Purchase and Sale Agreement is qualified in its entirety by reference to the Purchase and Sale Agreement, which is included as Exhibit 2 and is incorporated herein by reference.
Following the consummation of the sale, Ritsuko Hattori-Roche beneficially owns an aggregate of 38,967,937 ordinary shares, equal to about 49.13% of the equity of the Issuer, including (a) the 21,544,990 ordinary shares previously owned by her, equal to about 27.17% of the equity of the Issuer, and (b) the 17,422,947 ordinary shares purchased by her, equal to about 21.97% of the equity of the Issuer. Ritsuko Hattori-Roche previously beneficially owned an aggregate of 21,544,990 ordinary shares, equal to about 27.17% of the equity of the Issuer, including (a) 129,770 ordinary shares and 993,511 ADSs (representing a total of 19,870,220 ordinary shares) held directly by Bireme Limited, in which Ritsuko Hattori-Roche has an 87.7% interest (of which Ritsuko Hattori-Roche has sole voting and dispositive power over the 87.7% interest and shared voting and dispositive power over the remaining 12.3% interest) and (b) 77,250 ADSs (representing a total of 1,545,000 ordinary shares) held directly by Catalonia Holdings LTD, a limited company, formed under the laws of Jersey, which is wholly-owned by Parador Trust, a Jersey Trust, for which Ritsuko Hattori-Roche is the grantor, as to which Ritsuko Hattori-Roche has sole voting and dispositive power.
Pretty sure it stated that she paid market prices on the date of the transaction per the 13D.
I read the filings the same way because that is what happened ;)
Yahoo shows ATV's market cap as 33M which is clearly incorrect.
Per footnote 4 of Roch'e 13D filing there were 79,308,343 shares of ATV outstanding as of April 30th, 2016 which would translate into a market cap of $664.6M at today's closing price.
If you are going by the market cap # on Yahoo it is inaccurate.
My guess is the reason why the selling has abated this last hour is because we are close to that .0025 conversion price (50% of .005).
I guess we will see the rest of the week.
Worst case scenario from a dilution standpoint probably looks something like this:
$25k/.0025 = 10M shares
$75k/.0015 = 50M shares
Only question is how much of the selling have we worked through so far.
No need to prove....really don't care if you, or any other peanut flippers, believe it ;)
Yup, you got me. That is exactly what I did causing you to lose $100 on the 5000 shares of DLCR you flip, lol!!!!
Good luck making the rent payment this month ;)
The problem is in the 8K the company stated they only received $25k.....and in the email Warren states that all $105k has been "paid."
Clearly a disconnect.
Thanks captain obvious
You are correct and I am confused as well. I already sent him an email asking for a clarification on the disconnect.
Will advise if/when I get a response.
Couldn't ask for a better setup for a major run with convertible debt done (or very close to done) and major assets about to be confirmed through an 8K.
Looking forward to the next month or so as revenues/profits ramp up for DLCR ;)
My pleasure guys. My guess is even if Blackbridge hasn't sold all of their conversions yet they are very close to done and we could see significant upside in DLCR's share price in the coming weeks ;)
Ok guys, since the NFL opens up today....and it is the 15th anniversary of 9/11....I am going to post Warren's response to me a little earlier than I had originally planned since many of us are preoccupied with other things today.
My email to Warren below is in italics ad his response to me is in bold italics. I am not providing a screen shot because I included some personal details in the original email but Roe can attest to its authenticity as he has seen the original.
My main concern with holding more than a few weeks is the $100k convertible note with Blackbridge Capital. Unfortunately, I have had vultures like these decimate up and coming companies I have had substantial interests in very recently, so naturally I am a bit hesitant to take a longer-term position when I see the toxic financiers involved regardless of the company’s potential.
I realize you are limited in what you can share privately, but has Blackridge been converting to date, and, if so, can you share how much debt is left on the $100k note? Also, do you plan on using profits from the timber mining operations to retire additional debt or re-invest those profits into other mining operations such as the gold mining leases?
Any info you could legally provide would be greatly appreciated.
Thanks and have a great weekend!!!
And Warren's response.....
Hi Jack
You are right in your opinion on the financiers, however they are part of the framework of the financial system and do have a part to play.
Blackbridge have converted all of the $105K fee.
Profits from the Timber operations will be directed to the usual pay down of debt as well as providing capital to crank the gold mining operations.
Regards
Warren Sheppard
FYI DLCR peeps, received a response from Warren yesterday afternoon and based on my questions to him I can report a new and important piece of info.
I will post publicly sometime tomorrow afternoon as I would like to wait until we are closer to Monday's open for maximum exposure.
Thanks and enjoy the rest of the weekend!!!
Jack
CDEL blocking into the close......SHOCKER, lol!!!
Yes sir. Exactly why I scooped up another 400K+ at .0049/.005 a little while ago.
The share price should rebound before the close so I want to say thank you to whoever sold me those cheapies earlier ;)
You would need to know their gross profit margin and subtract overhead expenses to get net income divided by 200M O/S to be conservative.
Let's assume they operate on a 20% gross margin ($18M * .20 = $3.6M) and they have 10% overhead expense ($18M * .10 = $1.8M).
Subtract the $1.8M in overhead from the $3.6M in gross margin and you come up with $1.8M net income.
Divide that $1.8M in net income by 200M O/S (added a little dilution) and you get an Earnings Per Share (EPS) of $0.009.
Ascribe a P/E multiple of 15 (reasonable for a rapidly growing company) and you come up with a theoretical share price of $0.135.
I will gladly take 13.5 cents for my DLCR shares ;)
LOL, yeah a guy who is a NYSE-traded CEO and worth half a BILLION buying over 50% doesn't really instill confidence.....smh, only on IHUB.
Nice buddy. Looks like it might be your lucky day as it seems RVUE is on sale ;)