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No 10Q yet. I really thought it would drop last night. If we don't get it by open Monday I expect a couple cent pps drop early next week, maybe down around the 8 range.
What to watch for in the Q?
Looking for opinions. The obvious three IMO are:
1. Revenue: To my knowledge they don't currently have any & none is expected in this Q. If there is some (especially if substantial) this could fly.
2. Debt: Have they incurred more since the merger? What are the terms? Have they paid off outstanding debt, and if so how?
3. Outstanding Shares: Expected to see between 107 mm & 120 mm outstanding shares. On the low end would show this is not the "divestment machine" some have claimed. Anything over 125 mm-ish the pps takes a hit. Anything over 150 mm-ish the pps takes a dump.
Is this just in the USA or does this include the foreign distributors also?
Don't forget that SR confirmed on twitter a margin higher than 20%. It's been a while but I think he said something like "much higher" in the tweet. With that in mind I'd suggest the conservative evaluation should be at least 30% margin.
It's a solid bet we'll see some dilution, since IR has already reported the OS is higher than what it was at the time of the merger (last I knew they reported 105 mil about a month ago). Most here have guessed the OS to be about 120 mil now to my knowledge.
Then we'll have the bears & bulls arguing over whether it's minimal or a dilution machine. Anything above 125-130 mil we'll hear screams about dilution, under that we'll still hear the screams but they won't have as much oomph.
IMO
SR messaged me via twitter Sunday responding to an earlier message I'd sent him about 2 weeks ago asking when we might see the 10Q. He stated we should see it this week. Didn't give an exact day but I've got a gut feeling about Thurs. My gut's been wrong a bunch of times though!
I was surprised he responded honestly, so I'm expecting it this week. As a dedicated long it really doesn't affect me but figured I'd share.
I think we see the Q Thursday evening.
$OMVS tends to sell off after news, so Friday through possibly mid next week I suspect we'll have a drop back into the 6-7 range unless the Q has something surprising.
Something surprising = revenue (none is expected in this Q), or a magical reduction in outstanding debt without divestment (no income = no way expected to have paid off debt).
Again, the best way to play $OMVS is long, flippers beware. IMO.
Direct quote from that article: "As we expected, after the merger of the two companies, the share price increased."
Um... No... After the merger the pps dropped what, 80%? I'm long $OMVS but that article is BS.
Morning all. I think we'll see the Q this week, possibly Tues or Thurs. Should be an interesting week. Good luck to all!
Long $OMVS
Agreed. Sucks the Q is late but with such a recent auditor switch it's a valid reason.
This is a good sign IMO
Seems the run was much overhyped.
I've said this before - $OMVS is a long play. Flippers beware.
Lotta new flippers posting on here. The aus news is old, no real reason for the jump yesterday. Still, we're undervalued so the interest could cause a huge spike I suppose.
SR confirms margin is higher than 20%
Per twitter, SR's opinion on Bux' DD:
Steve Reinharz? @SteveReinharz
Replying to @BKap702
Wow. Really good but of course not perfect and doesn't account for what I've got coming up. But really good. (but our margin is higher)
11:18 PM - 1 Oct 2017
Excellent post Bux, worthy of being stickied IMO. You often have a bit more rose-colored glasses than I do (pertaining to how quickly this will go up) but we're both long $OMVS for these reasons.
Well, it's unlikely my early week prediction that we'd return to the 100 day MA is happening. Chalk one up in the "wrong" column. I still think we see a bump today though, possibly to the .075 range.
I agree with this & am ok with a buyout. Sooner the better IMO.
I'm thinking we end in the low 7's today. Had to check in on here because there's less drama in the OTC than about the damn NFL crap currently. Never thought I'd see that...
Still think we'll bounce back to the 100 day MA by EOD Friday. Been saying it all week, today should test that.
IMO 3-5 years for best return.
Not sure if we'll hit .08 today, but I'm still saying around .11 by EOD Friday.
Are you claiming IR intentionally misleads investors? The SEC would have something to say about that...
If so then the SEC would prosecute them for fraud. I suspect IR (outside company) does not want to be prosecuted for fraud.
IR states that last week the OS was about 105mm, meaning only about 8mm dilution since the merge. This is retail panic, not dilution.
I'm still predicting a run up to 100 day EMA by the end of this week. May seem odd given yesterday's drop, but I think that was triggered by a bear run hitting stop-losses.
I've been wrong before. Been right too. Either way $OMVS is solid & I'm long.
If you believe that, why not sell & leave?
Yeah I'm long & bullish but still wince at $100/share claims... I'll be happy if this hits $3-5 in the same amount of years.
If you're flipping. ;)
IR is familiar with SEC rules and has a large Federal retribution if they're knowingly misleading shareholders. Some might even suggest that the point of hiring an outside IR firm is to avoid the risks of SEC retribution from such things.
When IR is willing to document in writing (for example, an e-mail) that outstanding shares are "around 105mm", I expect with some certainty that they're in the 104-106mm range (or at least were as of the time of the e-mail last week). Else I have some incriminating evidence to present to the SEC.
Also - you realize MAXM is a brokerage that also conducts regular trades? Any time you see them on L2 it's not an automatic indication of convertibles being dumped.
I e-mailed IR, look through my posts from a week or so ago. IR responded that to their knowledge (at the time) there were about 105mm outstanding shares. It was reported by multiple users about the same time.
Dilution's been minimal since the merge - only about 8mm or so. Most of these price swings I attribute to the inherent nature of trading on the OTC. Long this is still a decent bet. Short/flipping I wouldn't touch it with a 10 foot pole.
Partners like Verizon, NVidia, & Allied Universal seem to think the AI on the RAD bots is pretty sophisticated. Forgive me if I give their opinion more weight.
I show 168k just popped up on the ask at .093
Someone's buying though, already burned down to 117k & another 40k of .092's that popped up
On Twitter SR indicated a PR about Verizon would be forthcoming. Great news all around. 3rd solid day in a row up from the bottom.
Plenty of empty booths not in the InfraGard pavilion - the one you pointed out, for example, two in the "Robotics in Security" pavilion and the 6 next to Apple (who BTW has the same sized booth).
To my knowledge, they also enhance the robots with their own tech & are the sole distributor in N. America.
No deal has been announced but it bodes well IMO that we're included in the FBI's pavilion & doing a joint welcome BBQ with them at ASIS.
Infragard
Anyone else notice that RAD is included in the InfraGard Pavilion at ASIS?
ASIS Exhibitors
Is this the same InfraGard that's part of the FBI?
Infragard
Edit: Also doing a BBQ with InfraGard.
At Booth #1155 in the Infragard Pavilion, witness a cost-effective security solution that augments traditional manned guard services to reduce liability and streamline operations. Additionally, gear up for the first day of the show with RAD at the Infragard Welcome BBQ on Sept. 25 from 6 to 9 p.m. at the Hilton Anatole in Dallas.