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Its gonna happen, question is from where. Above 1, I have no problem with it. Down here not interested.
Yap I suppose it does. It was Rory's comments that led me to believe these were two transactions were occurring at different times. Unless a waiver is applied it doesn't look that way.
So what do we have now in order of events:
Seems like the RS will come first; Then another S-1/A that includes offering price; then the capital raise; then the acquisition; then the uplist.
Concerning Brightools- I think its clear they are building there customer base right now and likely have a plan on how to better monetize this not too far down the road. A very common strategy that has been working wonders for tech companies. Showing that kind of explosive growth in users is exactly what the stock needs to support a decent valuation.
I think we will also see an explosion of users on the NFUSZ side of the house shortly.
My only real question now is where does the stock price go prior to the reverse split? Will Rory try to move it higher to reduce the size? I'm a bit tired of this "manipulation on the OTC" talk. Create the demand for shares and the stock will move higher. Right now there is no volume, so no reason to suggest manipulation.
Rory needs to show us that rewarding holiday season he spoke of. Rewarding means share price rises. Time for Rory to pull on all his levers to get this share price up. I didn't see anything in the S-1/A that's going to move it higher.
Just meaning that you won't be able to differentiate the different business units since it's all one company. They have discretion on how they show their financials as long as they are accurate.
The SC deal buys Rory some time to get the NFUSZ business rolling in. I believe it's inevitable that essentially all video will become interactive. Rory will mask the financial results of the NFUSZ portion of the business until it really takes off. And it will take off. Hard to say exactly when but He is busy putting all the pieces in place so that when it does, NFUSZ will capture the whole market.
Now with SC, investors can rest a bit more comfortably while we wait for that moment. Not a bad position to be in.
The theory is based on Rory's recent LD conference update where he stated the timelines for things to occur. He said the SC closing will happen in January and the uplist would be in Feb and that the capital raise would happen in connection with the uplist. So I concluded that the capital raise was more for uplisting rather than funding the acquisition. Ultimately the money will be paid to SC but who's to say they can't be flexible while getting this business rolling. Also, the funding might be contingent upon the closing of the merger rather than the other way around.
If you think about the underwriter, do you think they may have an easier time selling shares on behalf of a company with revs or a company with none? Hence I think the merger closes first,then a RS possibly, then the S-1A with the merged company offering price, then the uplist. But hey it's just a theory. The S-1 left a lot of flexibility for proceed use. And again, the 8K simply gave SC the right to receive those funds. It did not say they must be paid to close. My interpretation anyway.
I guess it's also possible that very savvy investors sold at 3 and bought back under .20. I would't have minded being one of those guys.
Hmmm..Perhaps there is another way. My assumption considered the capital raise being necessary for the acquisition. But perhaps they will simply merge and then raise the money. Paying the sound concept guys over time. I still think the way I suggested will be the most likely but I'm definitely open to a different route.
I'm assuming we would split before the S-1/A comes so they could include pricing for the offering. which makes me think we are still a few weeks away from the S-1/A.
Microsoft online login page. Hard to say what that means, but definitely interesting.
Well the truth is that if you believed him when he was touting those revs you would have bought below .10 and then seen the stock appreciate to 3 dollars. Oooor, if you want to use today's share price, its at least a triple. So he probably made more millionaires than anything.
Well underdog, you never know which prediction will come to fruition. I guess that's the fun of it. I suspect he's gonna get some of them right, and when he does, those of us with shares will enjoy his semi accurate predictions.
I would like to see us get around a dollar before any RS and split somewhere between 5 and 10. Rory indicated it was going to be a rewarding holiday. Let's hope he's not talking about the Christmas presents he's getting from his wife.
I tell you what, I'm in the mood for some form 4's. A couple of those would add some of that fuel you mentioned.
How will this play out? My guess:
1. Share price will rise to around 1 December
2. Reverse split will be enacted between 1:5 and 1:10 December
3. S1/A will come out with offering price January
4. Then offering close/acquisition close/ uplist simultaneously end of Jan.
Right now, we just need to have vision and faith that Rory can execute his plan.
Even if it's easy to duplicate, is it easy to integrate? The incentive to duplicate will be removed by the complexity to integrate. It won't be easy to develop a far superior product and get everyone to use that instead of what they already have. Imagine developing another interactive video platform then going to marketo and trying to offer it? How amazing would the product have to be for marketo/Adobe to ditch nfusz and start using a new platform? First to market really does matter here. And Rory is probably wise to do these integrations quietly.
As far as the desire goes, I don't think some overwhelming desire is necessary. It's just a simple thing. A clickable call to action within the video. It's easier, faster, and without friction. It just makes sense. If you can add that cheaply and easily, then you'll do it. There's no doubt in my mind it adds value. Companies will use every tool in there shed to drive sales, even if its 2 to 3 percent% growth, on millions of transactions. And it costs you almost nothing to do. Gosh, I'm exciting myself here as I write. lol
Here's the deal Tedpeele,
Your right that this tech has been slow to adopt. After using the platform myself I can understand why. Still a bit glitchy in some respects and requires a bit of practice. With that being said it makes what Rory is doing all the more amazing.
He is going for wide spread adoption. He is integrating everywhere he can before the system is even perfected. By the time it is perfected, NFUSZ will be the only player in the market. This is not a matter of if, its a matter of when. Nfusz will continue to develop new versions of this software along the way, and it will morph into something truly incredible. That will come with time and money.
Once this catches hold it will be hard to find a video that doesn't have a clickable call to action in it. It will be the norm, and NFUSZ will be the company that provides the functionality. Nobody else will develop it themselves because it won't make sense to. NFUSZ will already be integrated into everything. He created a solution that's available to all at a very affordable price. Rory already knows it will happen, he's just making sure this company will be the one to profit from it.
I personally know of a very large influencer that will be adding it to their video library. Once the masses see it, the masses will want it, expect it, and get it. The adoption will take place very quickly once it starts.
That works on the way down but not on the way up. Definitely good advise from 3 to .15 but not for.15 to 3.
It's an issue but it's a manageable issue. But it just speaks to my point I've been making that Rory doesn't have much of a choice to move forward with the acquisition. He needs to be able to raise more money and he needs to acquire sound concepts to continue raising money. What we need to understand is that we will see more dilution down the road until we see revenues pick up.
To your point, it should be able to be discussed without a problem. Something to understand about the other board; Those investors are looking out for NFUSZ because NFUSZ looked out for them. They bought below .10 cents and sold above two. And are now buying back. They new the playbook. That's why they are not concerned with anything, they made their money. Probably made millionaires out of them so they can walk around with these pompous attitudes. I can't blame them, I'd have a slightly different attitude as well had I been in the same position. Rory would have been an absolute hero and you'd better not say anything bad about him or the company at that point. So it's not worth arguing with them, they just have a different perspective than us. I rode it up from about 50 cents and rode it down to here. I have more reason to be critical. I wish I had the play book as well.
Step 1: Insider buys. Board members should be buying up shares at this price if they have any confidence in this company. The buying plus the excitement would cause this to easily return to the 50-60 cent range and maybe higher. They need to show us that they are not just some name in the "about us" section.
(not sure if there's anything keeping them from being able to make open market purchases right now).
Step 2: Rory needs to communicate the vision a little better. If we want to get to a dollar, without revs or a strong user base, we need to build some serious excitement into this stock for it to trade at a 200 mil dollar market cap. We need to hear some realistic projections. Perhaps some actual quarterly guidance
These steps assume no release of news.
I will say this, I do believe that Rory, once this company is making some good money, will give us some of our shares back with a forward split. Likely he would also do a stock repurchase, just as he did with telex. Something to keep in mind but definitely down the road ways.
That’s exactly right, a rock and a hard place. The uplist to nasdaq is contingent on the acquisition of sound concepts, the acquisition of sound concepts is contingent on financing, financing is contingent on a reverse split, the degree of the split is contingent on the share price.
If he wants to avoid a large split he has to release news, but he indicated he don’t want to do it on the otc. And we don’t know if there is such news at this time. What he needs to do is find some deep pocket investors that believe in this company and are willing to buy up the float and raise this share price, then increase their position by participating in the offering. That seems like the simplest answer, who knows if Rory has the juice needed for that.
I’d be encouraging all the board members to buy in the open market as well. That would go a long way towards increasing confidence in this stock.
While I somewhat agree with this waiting strategy. I’m less certain of how that would work. Rory needs money. He can not fund his operations without severely diluting us. His costs have grown substantially trying to make this all work. Yet that bridge loan he made did not have impressive terms at all. Waiting to uplist would be the best if he has a reasonable means of raising money to fund operations. I’m not sure he does, which is why I think he is pushing this uplist strategy so hard.
The only way is to deliver the right piece of news that brings this share price higher, then raise capital at around 1 dollar.
I think the only way for him to raise any money is to attach the company to a revenue producing cash flow positive company. Which is why all of this has to happen simultaneously.
What are your thoughts? How can we pursue the waiting strategy and continue operations without getting diluted to death.
Rory stated in his video that he wasn't planning to release any news on the OTC. So option 2 doesn't sound like an option for Rory.
Option 4 would be to do an equity swap and merge with SC, not paying 25 million. Then we would be able to raise some money with reasonable terms to fund ongoing operations. The stock would certain respond well to this. However SC has no incentive to make that deal.
Option 5 would be to find an angel investor to help continue operations until the revs come. And shelve all other plans
Even CHuck Reddy, if he still owns 9 million shares would be reduced to 225k with a 40:1 split. Perhaps he already sold off enough to cover his original investmet. Who knows?
There really is no good answer here. While trying to sound upbeat, The video update painted a pretty grim picture. Rory pretty much stated he wasn't sure why people weren't signing up and that's what Gartner was helping with, and I'm not convinced he's figure out the right solution yet.
I think I'd rather see him raise OS to 250 mill and try to find an investor willing to take a risk.
The problem with forgetting all that stuff is that it still doesn't solve all of Rory's and our's problem. He still needs to raise money for all the operational costs he's incurring....The new hires etc. He would need to raise AS and see if anyone would be willing to give them any reasonable terms which we just seen he can't get. So we would be diluted to the extreme.
His only option is to RS us i'm afraid. Or release a monster piece of news, however, after last nights video, he pretty much stated he wasn't going to do that on the otc.
I’m certainly troubled. I think the problem here is that Rory doesn’t have a choice. He has a product that isn’t selling as fast as he hoped. Right now he needs to buy time or the jig is up. The only way to buy time is to do something extreme. He needs the acquisition;He doesn’t have the option of raising 15 mill down here, so he has to RS then raise money. The problem is once he RS he will still need to raise money for the acquisition which will immediately dilute us right after we suffered and awful split. On top of that he will need to raise more money for operations. More dilution. Without any ammo to raise the share price right now from these levels we are screwed, even if the company goes on to be successful unless we get a huge forward split and stock buyback down the road.
The best course of action in my opinion is to simply merge with sound concepts without trying to buy them for 25 mill. Just do an equity swap and call it a day. Of course sound concepts has no incentive to do that. They certainly don’t care about existing nFUSZ shareholders.
Obviously the market has realized all this and that’s we continue to head lower.
Rory’s going over the financial results for the quarter. That’s seems like a new thing. Perhaps we will also get some guidance for the 4th quarter. All we need is strong guidance for the next quarter and we’ll be heading back higher.
I 100% agree with this. If I was Rory I do the following:
1. Re-instill some confidence by encouraging board members to buy on the open market.
2. Land some guaranteed revenue producing deals.
3. get the price of the stock between 2-3 dollars
4. Reverse spit 5:1 putting the share price between 10-15
5. Raise capital for acquisition at 10-15 for minimal dilution.
6. Now your on solid footing on the NASDAQ
It all depends on how the reverse split is done. People saying yeah lets do it now don't seem to understand how it will wipe out the common stock holders. It would be very irresponsible and very cruel to those that have been holding this stock, to do it now at these prices.
Thanks MAN and I somewhat agree with that. It seems logical to conclude, however, my only caveat to that is that Rory and company can continue to award themselves free shares for years to come. They are not quite as aligned with us as we would like to believe. They have anti dilution provisions where we have none.
And if he's planning to go with best case scenario, he has a lot of work to do and news to deliver to get the share price up. And he is only giving himself until January to get it all done.
Best case scenario- we get back to two or three and then split 1:5 putting us at 10-15 dollars. Then he raises the 15 million at a discount to that for minimal dilution.
Worse case scenario-The price stays down here. we get split 1:20-1:40 then they raise the 15 million for maximum dilution. Wiping out existing shareholders.
At one time I was certain Rory would't choose the worst case scenario, I believed he was loyal to his early investors and would reward them well, and to be fair, those that bought at .10 and lower were rewarded very well. However, I am less certain of what Rory will chose today.
I am praying that for the sake of myself, those I have encouraged to invest, and those here that have put their hard earned money into this stock that Rory remains committed to giving them the opportunity to reap the reward of a successful company. Many have listen to and trusted the words he spoke, and were grateful to have, what seemed like a transparent CEO. Lets hope he can live up to that image we have had of him for so long.
Sound concepts Fins will bring us to $2 once released.
In an interview Rory stated that they are teaming up with Sound Concepts who is a "strong financial partner". Perhaps once the financial are released, that will be what propels us above two for the uplist. Is it possible that Sound concepts is really worth more than 25 million and that they simply accepted that amount to be a part of something bigger? After all, Sound Concepts gets to become a public company. Combine that with some big press releases and walla.
The market can't accurately price in sound concepts because it doesn't know the financials.
I still think the best way to get us moving again until we know this information is to have some open market buys from the new board members.
Now is when the newly acquired advisory board members should make some open market purchases. That would show the ultimate faith in this company and it's future. Yes, they will all likely be getting paid in shares but buying in the open market would be really meaningful at this point. Lets look for some form 4's soon. Honestly, how could they resist at this price?
I am aware of when she started so let me clarify my question, she had a bio spot on the website and now she doesn't so why not? But yes, LinkedIn does still say shes with them. Am Hoping they are rearranging the website still and because of that it was removed temporarily.
What happened to Catherine Seda? Her Bio is missing from the about us tab. Maybe the site is just being updated or something else?
Walmart partnership with Eko for interactive video. The space is heating up. Right time, right place. Walmart invested 250 million into this. Do you think Nfusz will have a problem raising 20 million?
https://finance.yahoo.com/news/walmart-invest-250-million-joint-venture-content-firm-120340017--finance.html
SEC Form S-1 is the initial registration form for new securities required by the SEC for public companies. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange. Form S-1 requires companies to provide information on the planned use of capital proceeds, detail the current business model and competition, and provide a brief prospectus of the planned security itself, offering price methodology and any dilution that will occur to other listed securities.
Read more: SEC Form S-1 https://www.investopedia.com/terms/s/sec-form-s-1.asp#ixzz5SpDpMkXk
FUSZ Filed an S-1
An S-1 is the initial registration for new securities
FUSZ is not currently traded on a national exchange.
How many other ways can one interpret this?
NASDAQ Listing Requirements
Looks like we would qualify for the closing price alternative of 2 dollars to uplist to NASDAQ capital. I suspect that's why Rory keeps mentioning these events will all be done simultaneously. We need to complete the acquisition to uplist and to complete the acquisition we need the offering.