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WTF!!! Who the hell is this guy that comes out of nowhere to tell us what he is or isn't going to do.
Thanks for sharing! That was in direct response to someone's post of a concern, not public advice.
No chance I’m putting a single cent into this pos but thanks for the advice
The $50M isn't pertaining to the IPO per se. An IPO is used to take the company public, but this type of offering is used by private companies to sell shares directly to the public...because they are a private company.
I think the confusion is that MJLink has a board and everywhere you look, they keep saying that it's a wholly owned sub of Social Life. I'm still trying to find exactly, in writing, how they tie together.
Put your bid in for .002 right now. That should cover if it gaps or pops quickly, but if not, it'll fill lower. I do it all the time.
Actually went back and looked at it again. Appears the balance is 0.
As such, pursuant to current accounting guidelines, the Company determined that the beneficial conversion feature of the note created a fair value discount of $40,279 at the date of issuance when the stock price was approximately $0.01 per share. On August 24, 2020, the Company fully met and timely paid its debt obligation.
Always a possibility. If they have the money and they give a crap about SH, yes. That's a lot of shares though. They still have at least 1 more note that's coming due in Jan for about 1.1B...yes, Billion.
If the stock has an upward momentum based on parabolas, there's no need to do it...as long as they have cash to pay for operations. If that's sustainable, they don't need to look at a RS until it's time to look at uplisting.
Already almost 1200 views!!!
Social media revenue comes mainly from advertising. User base just means more eyes...the more eyes, the more marketing companies want to use it's platform to post adverts.
Looks like 1 note left as of 30SEP and it's pretty sizeable!
Note payable (H) January 28, 2020 January 27, 2021 10% 63,000
$0.0001 1,102,499,999 -
Doesn't matter how much you tout the positives behind a RS and why the big boys do it, market sentiment, especially down here in the pinkies, is always negative. A RS is ALWAYS about perspective to traders and investors.
You are correct about MJLink, but too many people interested in this company don't do enough research. For anyone is interested, read below.
Our Business
Business of Social Life Network, Inc. (Software as a Service Internet Platform)
We are a technology company that licenses its Social Life Network SaaS (Software as a Service) Internet Platform (hereafter referred to as the “Platform”) to niche industries for an annual license fee and/or a percentage of profits. The Platform is a cloud-based social network and eCommerce system that can be accessed by a web browser or mobile application that allows end-users to socially connect with one another and their customers to market and advertise their products and services. The Platform can be customized to suit virtually any international niche industry or sub-culture, such as hunting and fishing, tennis, real estate professionals, health and fitness, and charity causes.
Our Platform licensing agreements are for a minimum of two years and automatically renew each year thereafter. Our fee structure includes a combination of annual fees and/or a minimum of 20% of the net profits that are generated by the licensee from monthly subscriptions services, E-Commerce fees and online advertising sales from their platform users.
We developed our social networking and E-Commerce Platform specifically for industries that we believe have a passionate consumer base, that communicate in non-public channels, and their commerce activity is highly based on referral and “copy-cat” consumption; consistent with the foregoing, we license our Platform to the residential real estate industry and niche sports verticals like hunting and fishing. Our platform uses machine learning (A.I.) that interpolates the user behavior data through their online social activity to better connect the right people and businesses together, at the right time when online in our social network. Contrary to other social networks and E-Commerce systems like Facebook and Amazon where everyone is grouped together and forced to listen to the white noise, our Platform increases online user connectivity and stronger relationships between businesses and their customers.
To date, our Platform is accessed by subculture industries in over 120 countries and is translated in multiple languages. Our language translation files for the Platform include 80% or more of the following languages: English, German, Hungarian, Portuguese, Turkish, Polish, Russian, Swedish, Slovenian, French, Dutch, Portuguese, Czech, Persian, Ukrainian, Vietnamese, Romanian, Spanish, Italian and Japanese, which will position international use of our Platform immediately following our launch internationally through individual licensing agreements.
Business of MjLink.com Inc. (Cannabis and Hemp Industry Platforms)
MjLink’s technology platform consists of four separate and unique private social networks powered by AI and Blockchain technology, with a total of 21 sites and apps in the entire MjLink network. In total, the MjLink network provides the cannabis industry with a singular platform for social networking, product and dispensary search, digital content distribution, advertising, video conferencing and virtual investment conferences, mobile app and website building tools, learning management, and online event solutions. MjLink supports user groups that make up the cannabis industry worldwide, attracting an average of more than 4 million visits each month throughout our combined sites and apps, from an average of more than 120 countries worldwide.
MjLink’s goal is to become the highest regarded technology and event company in the cannabis and hemp industry worldwide. Due to MjLink’s unique positioning after 7 years of operations, and having developed four separate and unique social networks that are used in more than 120 countries, we believe that there are considerable monetization opportunities by executing MjLink’s business plan in which traditional trade shows and conferences are complimented 365 days a year by its niche social networks and business application tools.
Neither we or MjLink cultivate, dispense or sell hemp, cannabis or any derivatives of the cannabis plant, such as infused products.
So, no specific event triggered the sell-off? That must've been one hell of a pump. Sounds like multiple millionaires were made on this play. Good on you all!!!
Curious as to why this tanked.
Someone who knows what they are talking about! Thank you...I put a buy order in based on your comment.
https://www.nasdaq.com/articles/why-viacom-buying-pluto-tv-2019-02-09
https://www.nasdaq.com/articles/comcast-stock-is-a-buy-as-peacock-streaming-service-launches-2020-07-16
Still, in a world that’s rapidly shifting toward streaming, Comcast’s Peacock should eventually gain traction. That’s due to two reasons: Price and content.
Very meniscal possibility. The potential for revenue has been set. Restaurants are hurting everywhere, so I really don't see them changing out their current systems for a new, more Gucci one. With the revenue potential alone, I strongly believe the trip-days are behind us.
Good on you. Just be comfortable with what you put in and, just like 99% OTC stocks, the potential for loss. GLTY!!
Dude, some people just lack the ability to see the forest for the trees.
It's a gamble. I say wait for the inevitable dip, but that dip may have a higher low. Like I said, a gamble...like picking straws really.
ETFM Tweet!
FOMO CORP.
@FOMO_CORP
·
5m
$ETFM filed the $BABA PR in 8K this morning since it is so material to FOMO CORP. in 2021; formal launch in a few weeks; speaking w/IL Restaurant Assoc. tomorrow for calling list, email blast, placement on their website, endorsement from President, media event; more states next??
$ETFM filed the $BABA PR in 8K this morning since it is so material to FOMO CORP. in 2021; formal launch in a few weeks; speaking w/IL Restaurant Assoc. tomorrow for calling list, email blast, placement on their website, endorsement from President, media event; more states next??
— FOMO WORLDWIDE, INC. (@FOMO_CORP) December 2, 2020
To hell with them Joe! You called it and it happened. Thank you. If this was on the pinks, that PR would've had a positive PPS response.
Agree. This is one of those you buy cheap and tuck away until the flowers bloom. I had 40M shares in this and I made 27K when the PV venture woke it up this summer. I'm back in!
GLTY!
Actually, it was electric scooters until new management moved the company away from that saturated sector (along with other joint ventures) earlier in the year. They focused on the website, which I, and a few others, thought was a great and original idea, but COVID ramped up and funding dried up. It never went away, it was just put on the back burner. Then the PV opportunity came up and is forcing the company to get everything in order.
KANAB is still in play!!!
Great post!!! Thank you...but doubt seriously they will STFU and let it play out.
I'm a bagholder...I admit it. I wish I could get my $16K out, but until that happens, no choice but to hold (with fingers crossed). In the mean while, I've been flipping the crap out of this between .0015 and .0028. Doubt I'll see anything even close to my initial investment, but it's something.
GLTA!
If it's not a legitimate business, then why is the SEC so hard-up on making sure the 2 idiots in charge walk the line? Can you explain that? I think we (longs) all agree that this is a significant managerial issue!!!
I can't wait either! Here's another one from The OTC Virus!
Something is going on...assume filings are being done...that is what i was pm'd on twitter.
Wow!!! SP fell like a brick! This doesn't look like a pullback for consolidation.
Wow!!! SP fell like a brick! This doesn't look like a pullback for consolidation.
This SP action is scary!
Absolute imperative! This feels like no one's in the driver's seat. SMDH!!!
Wow! This thing rebounds fast.
Shit Walter White did it!! Not really funny, but it is.
Fact! I'm sure many of us are asking ourselves why 'they' would put themselves and the company in that position, and we all come up with pro's and con's as to why. The only pro's I came up with is maybe they want the share price as low as they can as they keep bringing in revenue with plans of a share buyback (maybe), or they are (like someone mentioned sometime back) in talks with a suitor for reverse merger...like ETFM did with Purge Virus. Who knows... Plenty of con's out there, people don't need any help coming up with those.
Can you give me that # so I can try to sweet talk him into taking a pic and sending it to me?
That shouldn't be too bad then. My cut-off was 4 hours, but if it's a bit over, that's fine.
I live just north of Chicago. I will do a mapquest to see how long it takes and, if I decide to take a ride this week, I will let the board know. I'll even go so far as to take pictures of the inside if I can find a window.
What sign? All I saw was a guy on a lift in from of a wall.
Yes!!! There's certain individuals on here that no longer list $RBII on their list of tickers on Twitter! They come on here every so often, drop a line or two, then run back to their other tickers to do the same thing...continuously pump a play that shows all the signs of imminent demise!!!
You do the math...mine says "a complete loss of faith!"