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Huh? Pal, get a life. This is a board violation and you obviously you need to take a step back and spread your risk out. You seem way to invested in one deal. Buy ten stocks like wrfx and realize that most of them will fail. Youre looking for one or two killers to run up. But emotion doesn't play well here or bashing. Good luck.
This occurs in every OTC company that doesn't come out with something significant in the form or revenue or intellectual property that garnishes world attention. Not news for anyone paying attention to OTC stocks. The longs here are pinning their hopes on the IP and product to be as significant as company claims, in this multi-billion dollar market space of kids smart devices. That is why everyone gets so upset when they delay product or don't release in time. You can't judge this company, YET, on fundamentals of other OTC's who has toxic debt dumping shares and went into the "death spiral". Let's revisit this later when we see what they have!
Buddy, you get fail on reading and listening. Both posters here on the boards, Twitter as well as the company itself and social media have already said there will be emergency use functions for the phone even when it's locked. You got to take a little time and do some research. Again, if you think they're really that stupid to create something without thinking this whole thing through, you should go somewhere else and ignore this company altogether.
There is no such thing as a "pre-reverse" calculation! When they do an RS, they are not allowed to change the market value. It's far fewer shares but at equal market value. This hits the reset button and no trader calculates "pre-reverse shares" in the new order
I checked: They are insider shares according to the company (email them) and will not be able to be sold without a SEC filing and it public, and, at 1% per quarter. let's all get the facts straight before popping off! IMHO
Swantry launch date was set for April 19th. In the meantime, they took one of its component apps and launched it really as a market opener to a billion dollar marketplace of parents concerned about their kids' overuse of smart devices (huge market). How do you know they are distracted? Are you in office? Called the CEO and asked him? How do you know they aren't focused right where they need to be? Back seat driving 101. If no app comes out< I am right there with you in terms of ready to move on. I also believe them about a dividend (again, yes) and wait to hear the terms.
a tech expert, marketing expert, and kids expert, all-in-one, are we? Look, if you think WRFX is so incompetent that they don't do market research, think about issues addressing emergencies (liability) and your other concerns; you should have never invested to begin with. Either have some confidence or move on - This is nonsense and time wasting.
Look at this for Swanlock: https://goo.gl/A6pKUy
This is ridiculous longs! Their FIRST app is supposed to be out in less than a week and people here are running around like a bunch of cry babies. "It's all over! The CEO F' us all! " Drama is not part of investing people. If you are that emotional, maybe trading pennies isn't for you. I suggest you wait till they launch products and see the quality and market response. Cybersecurity and kids safety apps are a huge 50 billion dollars plus market! Way too early to be slitting the wrists here IMHO.
I think that was up somewhere before. Got a link bro?
It's a what, 3 day set back? They explained it on social media and it made sense to me. If POTUS can use Twitter to announce major changes in the country, I think a social media update from them on a 3-day delay of an app is good enough! If you think the company lying, I would sell and get out. I'm hanging - and I never put all my eggs in one basket!
My issue with FDBL has always been real authenticated users (I doubt many are real), lack of revenue and no intellectual property to speak of in the form of anything protected. ( no unique coding etc). But it's amazing to me how well, they are doing in marketing and branding on such low budgets. That alone makes it worth a gamble.
I expect what they tell us and allow for shit to happen. Copied from the bottom of press releases: This is the "shit happens" statement. Doesn't mean they are lying, just means shit happens. Do your due diligence and decide to trust or no trust.
FORWARD-LOOKING STATEMENTS: "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. These statements are based on current expectations and are to a certain degree uncertain. Words such as expects, anticipates, intends, believe, plan, will and similar words are expressions intended to identify these forward-looking statements. These statements involve risk and subsequently are difficult to evaluate. Actual results may vary from descriptions herein due to many factors including but not limited to changes in business conditions, changes in laws and regulations, problems encountered in exploration and obtaining permits, changes in the competitive environment, technological advances, shortages of skilled workers, the need for additional capital and other risks listed in the company's Securities and Exchange Commission filings under "risk factors" and elsewhere. Forward-looking statements speak only as of the date they were made, and the company is under no obligation to update them.
very true! I think the key is on the projections and facing reality!
Someone fill me in the the scoop??? This is all trading strictly on rumour?
Love the backseat driving here! Everybody, it's coming out this week. If you can't handle the heat of a pre-revenue, OTC Pinky - get the heck out of the kitchen. Risk - reward ratio - but RISK! "Forward-looking statements that will not happen" It's part of it all. Get in, strap up or buck on away! But please don't be so dramatic. Traders are worse than Beverly Hills Housewives sometimes! lol
How does that even make any sense? You want to get money back out by bashing the company? Did you think that out before you said it? If you are only here as revenge and pent up anger, please spare the rest of us. Meet me here in another week if they still don't release. But for now, chill out my fellow shareholder!
I get it, but ... If you can't trust the company, sell and get off the boards. They said they need a few more days and a bunch of crying breaks out on here. I would rather a company get it right than release under pressure of missing a deadline when it's so common in tech.
They aren't Apple, it's very common for small tech companies to extend and miss deadlines. Happens all the time in game companies and smaller software companies. They only pushed a few days it appears.
First reasonable thing I've heard here all day. Folks, I hope the CEO is building a company they got to apps about the release. I really hope he's not spending his time reading boards and worrying about traitors, um, traders venting ridiculous stuff. You want to help the company, stop posting negative stuff instead help bring up the bed. Take action don't complain
Again, super dramatic unnecessarily. they just posted a ton of info last week on social media and a press release on a new app releasing IN ONE WEEK! I hope he is busy working on the company and not people panicked at the drop of a bid. This is not a week to week play guys - it long or go home! Pre-revenue company!
Wow, such drama for stock traders. They just announced a new app last week and are a pre-revenue company. You are either looking long or you need to move on. but don't sit and complain.
Others here claim the CEO is very responsive. Rather than scaring off new buyers before you even speak to the CEO, why wouldn't you reach out to him and ask about debt plan etc? Let's try and help the company by sharing concerns and not just bashing here! IMHO
I don't think the announcement was the reason. It looks like Apollo is still selling off debt earned shares too quickly into the market. Blame CEO for old toxic debt but not the PR! A $400 PR on Accesswire, when thousands of tech PR's hit every day all over America, is not going to get the company noticed yet. Also, why aren't you telling your concerns to the company so maybe they can tweak the app instead of venting to a bunch of shareholders here? What can we do about it? Use your energy wisely my friend! Just a suggestion and IMHO
A voice of reason, thank God. Thank you for being one of the smartest persons on here from what I can tell.
Thanks for the warning! Pass!
Great insight - thanks!
I suggest, get out. You know where the door is. We need longs without the bashing here. I have faith and will wait out the next 30 days. Bye!
There are 74 million children in the United States alone and newstat show that 75% of them are using smart devices by the time their age seven. When investing in any business, especially on Shark Tank, they look at total available Market or Tam. You want something that has at least a 30 billion dollar total available market and a business plan that will show that can penetrate at least 2 to 5% of that Marketplace. So ask yourself this, is this company fit that bill?
What you been repeating the same message and it's drowning out the voices of those that have a real objective discussion about the merits of the company. Everyone here is entitled to an opinion about the company, but when you post the same messages 5 6 and sometimes 10 times a day in your case, it's no longer about a conversation but about you trying to drown out everyone else's voice.
I will leave this to the moderators but I believe you've been posting the same things two and three times a day which I believe is a violation of the spam rules. It's a repeat of the same messages over and over again.
How is calling a CEO a fraud, stating the SEC or FINRA will shut them down and all the other unsubstantiated wild claims,having a conversation??? Why aren't you taking a tone with them as well?
May I suggest that you contact the company like many of us. They can give you outside third-party references as well as guide you how to do due diligence to clear up any concerns that you might have. Worldflix@live.com att: CEO
Good points. Consider that they suggest Swantry is the only parent control app with new encrypted technology that prevents loss of privacy and data. Did you see www.Paranotek.com? Yes, we need to see independent verification of technology!
I would understand why somebody would have suspicions after the reverse. However, they did talk about the reverse and pretty much advertised it for months in advance. I also think that it's a little early to make judgments just because of the reverse until we see what other actions they take in the next couple of weeks or more. As far as the product goes, there is a video with a full demonstration including somebody holding it in their hand and actually making it work on their handset. So I'm not sure what you mean by whether the product is real or not? They actually show it and several videos and working demonstrations. Have you seen all the videos demonstrating the product and its use and all the features and benefits?
You have no proof and financials state no insider selling.
Didn't the company display a full demonstration video with somebody actually using the interface with great detail and all the features and benefits as well as many updates on social media about them doing security beta testing and the new security company that resulted from their new encryption process? What am I seeing that you're missing? Are you looking ato their Facebook page updates?
That goes both ways. Many IR firms and stock scanners get on here to scare people and try and kill a stock for their own gain as well. Competitive stock in same space, shorts, playing investors emorions to buy lower and sell higher etc. I'm absolutely certain of that here.
Except it discounts everything the company has done in terms of real growth and calls the CEO a con. It's one thing to speak disparaging about stock news and day today trading, values and even fundamentals. But calling the CEO a liar and a con, is unacceptable in my book. And how does this help anyone?
How are the getting funded? What is the source of financing if development stage? I am looking to identify toxic funding plays.