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So many possible reasons, but I would like to think that there are multiple possible answers as to the reason for this Marble Arch Research report. All IMHO.
1. Provide visibility to institutional investors.
2. Knows that upcoming announcements are key and wants to be able to provide independent research reports to those that will be asking about the companies background, finances, assets, etc.
3. Looking to the future for Up-listing.
4. Wants to show the true value of the company both Pre and Post announcement (whatever that is - Partnership, M&A, Patent announcement, etc)
5. Mr. Michael Hill is running this company like a true corporation and this is just the next step in the evolution of making it a multi-billion $ company.
Just some random thoughts out of my finger tips after reading the announcement.
GLTA!
Staying long!
IMHO - that 3m sell is probably someone who doesn't believe or bought at some previous low and just wants out with a little bit of cash.
I'm down in value about $17k but I don't panic easily. At least not until we hear news of Patent or partnership or something, then we'll see what the picture looks like.
All IMHO - GLTA!
No doubt here. I'm long. A Fake company wouldn't go to the trouble of filing a Patent application for technology to protect what they are attempting to capitalize.
I'm very patient. This is not a flipper IMHO.
At least we know who the buyer was of that 699900. :)
I took almost 700k of it.
Trying to pickup some more this morning and continue to average down. We'll see if my sub penny offer get's taken.
LOOOOONG STTK.
FWIW - I'm patient and I can wait until there is substantial news from the company. My personal feeling is that this is going to turn out to be a solid win for everyone that holds and for those of us holding multi-million shares, it's going to be HUGE win IMHO.
Happy Tuesday to all!
And here's a Wednesday toast to the Long's on this board!
May your life be long, May your smile be bright,
We're in it for the long haul, STTK is the light!
:D
FWIW, I managed to add to my position by another 500k this morning. As someone who has NOT played pennies and almost always looked for solid, steady growth companies, paying regular dividends, this is only my 4th play in penny's over the past 15 years.
Why you might ask, as was mentioned before, a solid company, a solid business plan, solid management (that answered my questions when I got really nosey), good financial plan and looking to build a great company in an area of advertising technology that has a huge upside, oh, and there's that little thing about the Patent potential. That alone could be worth $B's IMHO.
Hope everyone has a terrific day!
BI from Texas.
TNI, from what I can tell, any purchase that exceeds 5% has to be reported of a publicly traded company and that's what this is. Note at the bottom that it has to be signed indicating that it wasn't for the purpose of influencing a future or pending transaction (sale/Merger/Acquisition, etc)
Just put in a bid for first thing in the morning for another 600k shares, we'll see if there are any more cheap shares out there tomorrow.
12#Bass on Ultralight!?!?!? probably felt like a whale!
Those of us that loaded up a while back are ready for the ride! ~3m shares being held here!
STTK All the WAY!
GLTA
Link to Alexa stats on Radioloyalty.com
http://www.alexa.com/siteinfo/radioloyalty.com
Global Rank 30776 (UP 8580 since last month)
US Rank 10096
Interesting (at least to me) that almost 8% from India, 7.5% from Russia and only 44.6% from US are hitting the site. So more than 50% are outside US.
I'm digging their investment in infrastructure: Very last stat on Alexa is about Page load times. RL is 0.855 seconds, faster than 81% of other sites.
Yep, I can be extremely patient.....this appears to be a significant transition year for STTK as we look at their financial actions and positioning themselves for growth as a 'REAL' corporation.
Isn't this almost a year old news?
Still long with ~3M shares.....waiting on NEW news.
Dry, Looking at one basic aspect of a financial statement and calling it NOT sound, is like thinking BAC should be a penny stock because they had a $6B charge off in 1Q for litigation expenses.
I tend to look at every single financial aspect of a company and not focus on solely Finance 101 Asset's/Liabilities.
I haven't said one thing about your previous posts and the flatly FALSE information contained within, so GLTU.
:D
I know I'm still adding during the dips. Close to hitting the 3m club still, I am certainly in it for the long run. Too much at stake to trade this, too much potential with this company and too many strong fundamentals to ignore this.
I'm certainly on the train and stoking the fire! YMMV
Would be nice to have an update in the form of PR, related to any meetings, discussions held at NAB in Vegas April 5-10. Also any update on whether or not they will be an exhibitor at AdTech Chicago or NYC. Seems like both would be great opportunities to at least provide us with a little more information on what's coming up.
I almost burst out laughing when I managed to pick up 310 share (yes Three hundred and Ten shares) for .0132. I was trying to pick up a few hundred k and this was all I could get.
It's going to be a good day for STTK!
If it does hit $17 Share, first round is on me for all Shareholders. :D
looking to round up to the 3m club hopefully today.
I believe....sold half my position in a Rare Earth Metals ETF at a small loss in order to further strengthen my position in STTK. In football terms, I'm going VERY LONG! GLTA!
Just added another 60% to my position.....going long.....
Managed to round out my total to an even 7 digit number.....ready to ride it long.
GLTA!
Ready to see STTK start making moves. Managed to add few 100k yesterday @ 0.018 so will be watching again today to see what happens. May have to add some more. Agree with the previous posts, DD on the fundamentals of the people, the product, the financials and the story all seem to be there with STTK. I think 2 weeks from now, those of us that are LONG, are going to look brilliant! GLTA!
I also loaded up some more early this morning in .018 range. Trying to round out to even numbers. Company looks solid and expecting solid news. I'm in it for the long haul as well.
GLTA!