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.
Agree on a range of $400,000-$575,000 total for the quarter based upon actual 1Q revenue from GTC and "bullish" shareholder letter issued in early June. My guess (hope) is that $500,000ish gets to be meaningful; we'll know shortly!
I am optimistic on GTC revenue for the 2nd quarter, perhaps just hopeful!
What would be meaningful revenue to you versus wishful thinking? It's all we have, right?
Funding Vega quickly is totally necessary if you really believe in it longer term! I agree that the market is booming, however "what do we own"?
We're a joint venture partner with ATP who owns the exclusive rights to the university's torrefaction technology and is "selling" their "own" production also. The manufacturer in Spartanburg can sell his torrefaction machines to anyone; it probably is best (I guess) with the university's technology that James has the RIGHTS!
We don't own Bio-Char, yet we have some market specific exclusivity for Vega Bio-Char and we're aggressively selling it.
Therefore we're a reseller calling ourselves (to-date) a manufacturer, so we need huge "name recognition" and/or the ability to acquire our partners to be the "player"! THAT"S MONEY!!!
Quarterly report is due on August 14 if they follow past reporting schedules.
Say thanks to the PPM from the company! Buy $10,000 of "preferred" shares for .001 and keep it 24 months and the company gets your $10,000 or more to invest and expand or you can pay 250% more for the common shares.
The company would be selling those shares in the PPM at a higher price per share if they could!!!Those new shares will be added to the outstanding total shares at some point.
After this private offering is completed (lets hope it's oversubscribed)then the self-imposed CAP is moved and the company has operating money!
I am! They probably received actual forecasts with anticipated pro formas; that's a guess.
I have smaller monies also and can't tie up $10,000.
When Big Money wants this stock, they're likely to invest in the company via the PPM. The company needs money and according to what I heard on the CC, one that is accredited can acquire shares with a 24 months hold period @$2.50 per 2500; I think that's 0.001 equivalent and you get Class C that I think is preferred.
Why wouldn't anyone that "believes" that is willing to invest $10,000 minimum want to highly consider this avenue?
Conversely, doesn't that make it difficult for the common shares to ascend much higher than now as long as that alternative presents itself?
Your marketing expertise/knowledge is needed by VPLM. Would you consider submitting your name to them so "someone" will say something that the "world" can know we exist!
We purchased their Hemp & Marijuana Division ONLY, therefore I'm thinking that since BioChar's LLC "other growers products" have been ongoing and it might take a bit of time for Vega's specific initiative to begin to yield any revenue.
Marketing/Sales take some time and MONEY, hence another reason for the private placement and maybe revenue is earliest in 3Q? MAYBE we'll be told something definitively! I hope "ALL" insist on knowing the PPS and TERMS of the private placement.
THANK YOU!
Should there be revenue in 2Q? Thanks.
Just request a PPM from MM and there is lots of disclosure. You may find advantages in investing in that round.
Communications are controlled by the board; actually getting an acceptable offer is what they can encourage, influence and/or facilitate.
Therefore they can update us!
Was GTC's 2Q revenue discussed?
I own shares and might "add" to them once the private investors have determined their view of the value of the company and that should be soon. It's important that the money is raised!
I can't see what Mr. James has done, not who he shakes hands with or non-profits he is on the board of, right?
An actual board of directors member is "at risk" financially while an advisory board position is akin to a "consultant", probably paid with warrants/stock options.
The "new" torrefaction machine being designed/developed for the ATP pilot plant is the critical item for the manufacturing plant.
I'd love to see this all work and we'll all see.
I think "no subsequent offers" and wouldn't bet that the one we received is still valid. Yet we have great patents that "if" exploited to their maximum can be game changing!
The 3 press releases from June 5-early July don't seem to make a lot of sense to ME; in fact almost a month later they're confusing. I think we're owed some information from the company.
Interwoven should yield how much? Suppose it was $50,000,000?
KZC in Spartanburg, SC is manufacturing a smaller version of their Torre-Tech 5.0 for ATP's pilot project with the operating affiliate (Vega I assume). The 5.0 (standard product) lead time is 6-8 months and cost $5,000,000.
Therefore the torrefaction new machine is the critical item vs the physical building.
Money is likely a consideration in all of this for us (Vega), hence the raising of $1,000,000. The ability to complete this PP offering with whatever the "agreed" to price per share will dictate the near term value of our company.
Assuming the CC on August 3,2014 we will know a lot more but the factors above will probably still stand!
I consider GTC real, in fact hoping for $1,000,000 quarter and exponential growth for 3-4 years. The world we live in today appears to increasingly need their product offerings. I am happy with getting lucky!
How much settlement from Interwoven do you think we received?
Major companies settled on infringing out patents, right? Is there a lot more coming from at least this source?
Patents with our pals will beat a path to our door once they hear about them! WRONG & FLAWED! They have to be marketed; totally agree with you. IR talks to investors; PR firms steeped in technology get the word out to everyone and investment bankers package the companies. WE deserve to have these things done.
I couldn't wait to see a TESLA!
What's the pps in the private round? Is it 0.002 per share with a warrant, lower or higher? Many of you can afford to buy in that round and that goes towards funding the company! That's destabilizing the stock price and until it's completed it will be difficult for it to "sustain" a higher price.
MOLEN announced this and didn't disclose the deal!
Call and request a private placement memorandum.
We have a demand problem! NOT a great deal of interest as we can see by the volume.
Most need facts and or information.
Secure PPM and let us know what the deal is; its "boxing" in the share price because some understand it. When we're funded then we can be more normal.
You're strong and a supporter but what's wrong with knowing what you can buy the shares for in the private offering. Probably there is a minimum # of shares, maybe 6 months hold period but you may get a warrant also. Also there is probably a well written business plan included! Compare that with what you can buy it on the market.
A development stage company with enormous potential! They've tried to run it without REAL MONEY and NOW we have to have some. A successful private placement with sharp accredited investors with deep pockets can help to "right" this.
Is MM a person that can run this beyond these ideas? He's a very creative person with HUGE balls. WHY ARE WE ALL HERE?
GTC's revenue could surprise us. Tracking and other applications would seem to be in great demand; it's all we've got for this year other than Drone.
We'll see.
The LOW is controlled by the PP pricing! Do you know what that is? Mr. Molen has stated that a group of accredited investors are desirous of investing $1,000,000 and he has produced a private placement memorandum for that purpose. What is that price, is it common shares, is there a warrant attached, what are the other terms?
The 1Q balance sheet states that we have $31,000-ish in cash, so we must have sold some treasury stock to keep afloat in the 2nd Q that just ended; WE NEED CASH!
I love Mr Molen's ideas but he gets out ahead of himself with his PRs. It's great to finally have a scheduled date for a CC that's been discussed for weeks but when it's scheduled 12 days subsequently it may cause some "added" concern.
The good news is that he can possibly "clear the air", but in the meantime the PPS can be a roller coaster!
We don't need "them" (ib/pr) if we get the deal done! Something tells me that it's a bit more difficult for us to achieve what we desire the way we initially planned.
I too "think" that I'd like to have more information from the company.
Financially positioned to be sold, therefore not a lot of cash to initiate a lot looking at the balance sheet from 1Q; cash position makes sense given the strategy! We know we have the goods, in fact, so much so that we may have surmised that we could achieve max monetization via our BOD and insider contacts. We MAY have to alter our strategy to also allow us to be able to initiate some real marketing activities, including adding an investment banking and/or public relations.
To be able to get to the numbers that we "all" think it could be worth, isn't it worth it?
Nothing wrong with encouraging our board of directors.
They state they are a manufacturing business, producing! The machine to do torrefaction DOES have a lead time. Has the JV partner built other plants ever.....
The good news is:
Q2 is in the books and we'll see whether there is revenue and cash ending June 30, 2014.
Private placement memorandum will show what "more informed" investors are willing to pay for the company shares along with their terms and conditions. The pricing included may already be placing a "CAP" on price per share?
Forward guidance, analyst estimates; they maybe wrong but great insight from larger companies. I'd personally appreciate some more information. Is the "written offer" a written offer with a specified price? Is that offer still valid or has it expired? Honestly, wouldn't you like to know?
The announcement of a non-specified offer without any information needs follow-up or additional information on other activities now that this time has past.
An NDA is what 2-parties agree to......
No press release or conference call until a deal is announced, in your view?
3+weeks from now, what's anyone's guess Sir Wade is going to tell us about our company? Will he tell us monies and update us our anticipated product offering?
CONFERENCE CALL TIME! We need information. They provide us 24 hour notice for a 2-hour call and provide us an update including the points before hand they will discuss.
In addition each of us get's one question that we can send in to them and they promise to address. If there is time left, we can ask additional questions from the call. Wouldn't that help to clear the air for NOW?
Pricing, terms/conditions in PP, please?
Monetization is likely to come differently than a complete buyout. It's probably taking sometime for MP's decision-makers to wrap their minds around something totally different, perhaps proposals (maybe not written) versus being totally acquired. WE HAVE THE "BASE" GOODS!!!
What about a joint venture? Our technology AND a resource rich entity with money, market position and management. The larger valuations might become realizable over time. Again we'd probably have to involve a strong investment banking firm!
Penny!
Extraordinary patented technology
Seasoned board with integrity
Excellent legal representation when we need them....
$1,000,000,000,000+ portfolio of patents being brokered by whom? Kudos to the IR guy for being a hustler, but that tells me they're not organized in their marketing this "basket of unique gold"! We need a "Penny" called an investment banking firm that has a rolodex of contacts that "do acquisitions"! They know packaging....don't you excel at that for your commercial deals....time you get the deal you have 5 persons that "you know" might be interested!
Jim, wouldn't an investment banker be useful? We have:
an extraordinary voip issued patent portfolio
solid board of directors
excellent & experienced legal team
Maximum value will be realized from someone who NEEDS what we have, likely not all to one entity. Therefore we need an expert team to develop the package and present what we want to sell (that's a skill) to get the best monetization? Don't you think this is likely missing?
This is complex to maximize because we're not an operating company using our patents so customers and performances can be gauged!
ONLY up 2000-3000% to-date; more maybe? I should be so unfortunate!
Noble cause and you're already a big winner from these "bad persons".