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Sure is tomorrow should be fun. Let’s see if we get an official press release from the company with some forward guidance.
These figures are as of feb 2020. China has been on lockdown for months on and off and people there already depend on their smart phone for most purchases, I bet their usage is off the charts.
This increase in revs is probably just the tip of the iceberg as we go forward.
https://www.sec.gov/Archives/edgar/data/1602409/000152013820000303/fngr-20200229_10k.htm#a_008
10k out
Revs increased from 1.4mil to 9.4 mil.
Biggest gain in SMS/data. Dropped gaming as an income source.
They scammed a lot of people is what happened and Baxy had nothing to do with it as he was scammed like so many others. Many including Baxy, believed their well crafted fraudulent pump.
So Let’s stick to the stock of topic please and not act like a SJW and dredge up people past to use against them so they can’t host the Oscars.
Ok Karen?
Go mmmm
Patience will be rewarded and your fashionably late.
Welcome and Enjoy the ride.
Very long RAFA
Read this 1/2020 PR carefully and connect the dots.
Cliff notes: Khan Kon University and RAFA partnership give access to Thailand market b/c the university is 1 of only 3 state-authorized institutes and with limitations on who else can get a license until 2/2024 that gives RAFA a pretty huge head start. They will own the market before anyone else can get in and could essentially act as a "gatekeeper" for others looking for access.
Rafarma Closes Exclusive Joint Venture Contract with Thailand Cannabis Partner
Press Release | 01/21/2020
Ljubljana, Slovenia, Jan. 21, 2020 (GLOBE NEWSWIRE) -- Rafarma Pharmaceuticals, Inc. “OTC:(RAFA)” is happy to announce the execution of an exclusive joint venture agreement with MTP MATERIAL CO. LTD. (“MTP”). This marks the first time a U.S. company has entered the Thailand cannabis industry with an agreement of this kind.
MTP is a leading researcher and producer of cannabis and medical Marijuana in Thailand. MTP has an exclusive research agreement with Khon Kaen University and Dr. Monchai Duangjinda, the leading advocate of legalization of medical marijuana in Thailand. The new joint venture of Rafarma and MTP will operate together with Khon Kaen University and Rafarma will hold 49% of all issued and outstanding shares in the new joint-operated company.
Through Rafarma’s purchase of the stake in the Thailand-based business, Rafarma gains access to Khon Kaen University’s state of the art research, production and medical clinic facilities. The medical clinic is currently in operation and is expected to have enormous success as the medical marijuana industry is poised to explode in Thailand. MTP and Rafarma will complement each other’s strengths in optimizing crops, introduction of new products in both Thai and European markets, and in establishing specialized detox centers using cannabis products as permitted by new Thai legislation. These detox centers are a unique and huge competitive advantage for Rafarma. This transaction makes Rafarma the first US company to enter the Thai cannabis and medical marijuana market in this way.
Rafarma CEO Vladimir Dolgolenko stated, “We are excited to start this new venture with MTP. We worked extremely hard to finalize this agreement and I am proud to announce that we were able to complete it without any dilution to current shareholders”.
MTP Managing Director Somchai Khuchumruthai stated, “This opportunity to work with Rafarma is exciting and the technological expertise Rafarma brings has already been extremely helpful--we expect the ongoing relationship to be extremely beneficial”.
Rafarma will continue to update shareholders on the status of this new partnership. The implementation of the detox centers will be an initial focus and is expected to bring immediate and substantial revenues to the company. Rafarma CEO Vladimir Dolgolenko added, “The overwhelming response to the first clinics opening in Thailand has proven that this will be a market that grows at an extremely rapid pace. We believe that this partnership has placed Rafarma in the best possible position to take advantage of what many have deemed the most explosive cannabis market worldwide”.
Khon Kaen University is one of the only three state-authorized institutes that grow cannabis for research and growth. The exclusive agreement MTP already has with Khon Kaen University provides not only an excellent research and development opportunity, but also gives Rafarma the ability to instantly enter the largely untapped Thailand market. The Cannabis industry is projected to grow to US $661 million by 2024 according to an article posted by Bangkok Post. The Asian Cannabis report also estimated the Asian cannabis market could grow as large as US $5.8 Billion by 2024.
Have Faith...I am a buyer if she dips, although I'm not as certain as others that we will get as big a dip as suspected.
ABML has never been shy about PR's so I'd like to see what is released this week before passing judgment.
I have been here a LONG time and plan on being here long after the noise of missed deadlines and start-up funding going south are far behind us.
GLTA
I tend to agree with your assessment. Here are my 2 cents if I were a fly on the wall at ABML.
Thanks but no thanks VCM for 10mil investment as you have dragged your feet long enough. We will gladly take your 50K non-refundable downpayment, thank you for playing as we just raised 2.6 mil ourselves from long term investors, who will also put more capital in to buy their warrants at .15 when our plant starts to perform. What I am saying is we can do this without you now.
Did I mention we hired Chuck Leber to take over your role as GC on the construction so that is no longer an issue? Another good reason not to dilute the equity any further by bringing your company in to manage the build.
Lastly, there has been TONS of funding being thrown around during Covid-19. I know personally many of my friends and colleagues have received funding on very favorable terms for their small businesses.
in my opinion, connect the dots...
Logically speaking why would you "give up" on 10mil in financing unless you had an ace or two up your sleeve? No one was forcing them to cut VCM out. They could have kept pushing the date out and go after other sources while waiting. I have no way of knowing for sure so its all speculation but what if they gave up waiting because they DON'T NEED them anymore?
Very long and strong ABML...GLTA
Check these liquid lunch interviews on mmmm. Helps explain how the sausage is made, if any wants to know!
GLTA
It’s NOT going to tank today. 12 mil o/s and your worried???
Ok I’ll take 25 mil o/s and this is still a screaming buy IMOP
Look at this companies fundamentals? How many otc stocks have a share structure this tight and revenue????
Strong support at .29-.32 and i doubt we so those prices ever again.
GLTA
We have week tops of dilution left and probably only a day or so. .36 was the selling zone Friday and it makes sense. This converters cost is approximately .18
So he wants a double and he is patiently waiting to get bought out there IMOP.
Once he is taken out then we can move up.
Locked and loaded here been here since before the reverse, got out and traded it a few times. Now it’s an investment until we get over a buck then will watch the action.
Revenues are and will continue growing Q by Q.
5 million in gross revenue in what amounts to about 7 weeks, with the high start up cost eating into early margins and during the covid crisis.
This is no brainer sooner or later. Set and forget.
Wake me up when September ends. GLTA
Me too! A little patience and we should all be handsomely rewarded IMOP
You forget that Telsa is basically nuking the ground now while waiting two years for the water to evaporate and allow for the lithium to be harvested.
Not so green Tesla!! If only there was a better way????
I’m sure they’d like to be more environmentally friendly and get ALL the raw materials back out what used to be toxic waste (old batteries) and start again for a fraction of the price and time from a source right next door.
Not to mention the other 2 verticals of mining and high tech extraction for future development.
This is a Three headed monster just waking up!
Wonder if ABTC was able to get any SBA/PPP or other covid funding
Government has been throwing around lots of cheese in the middle of this crisis.
Hmmm...
Impressive stack! You will be handsomely rewarded and invested in a company that you can feel good about.
Yes indeed strong chart building a new base here for next leg up.
I think there will be a litany of news over the next few weeks IMOP leading up to “getting out of the dugout and into the field around July 1st.”
Go ABML
I agree...3 million additional in a short period of time is very telling of the demand here. Market obviously likes it
Going to be an exciting year IMOP
5 million gross revenue in effectively 6-7 weeks of the first Q? I like that. I mean how many otc stocks have ANY revenue? I mean at ALL????
All the IT work just to start the infinity integration and open the “store” so to speak was/is expensive but won’t be a long term cost, more up front cost.
As the monthly gross income grows and their profit margin increases with economies of scale and phase out of initial integration there should be massive growth in bottom line revenue.
Then the multiples start being applied to future growth along with fantastic share structure even if/when all the toxic debt converts before a buyback can happen. I think they make enough money to do buyback before it’s all converted.
There will be bumps for the next 4-6 weeks but long term this company and its fundamentals are going to make this stock great IMOP.
GLTA
We tried, fell upon deaf ears
Oops... This didn’t Age well at all
Still here...when I invest in restricted ppm paper I expect a 5-10 yr hold.
FWIW I’m on year 3 for QUBT
I’ll do some digging this week and post an update this weekend if anything worthwhile comes up.
All IMOP
GLTA
Yes...also they are expensive, often not fully covered by insurance and a PIA when they are faulty and need to be warrantied. which I have heard is a frequent as 20-30% of the time from multiple sources that use the device
When know does the big reveal one day soon I’m shorting Dexcom and staying very long know.
Make a fortune both ways IMOP
Volume precedes price...lots of big things on the horizon.
Exciting times to be a share holder. Hats off to those here for over 10yrs??? Wow that’s amazing patience wether out of belief or necessity, but I strongly believe all shares holders will be very handsomely rewarded.
I agree with others here. Particle is a HUGE deal. There will be many arms/divisions of KNWN.
I love how Ron and Phil are playing offense and defense at the same time. Smart...GLTA
If I’d have to guess, debt/dilution.
SS is strong here but they have to fund their operations some way until they get sales.
Could be wrong but I doubt it, they all fund the same way until they make it.
In for the long haul...GLTA
Quantum Computing Inc. to Host Technical Webinar on April 28, 2020
In order to attend the webinar, free registration will be required. A recording of the webinar will be posted on the Company’s investor relations page at https://ir.quantumcomputinginc.com/.
https://finance.yahoo.com/news/quantum-computing-inc-host-technical-123010907.html?inf_contact_key=e6b34eecbbf17d8b8dc5f10c9a3e08ee1b0a3f0fd3ee5d9b43fb34c6613498d7
Questions regarding QCI’s strategy, Mukai, and QCI NetworkX can be sent in advance to info@quantumcomputinginc.com
Float is very small. Maybe less than a million shares. Can’t always trust otcmarkets but what’s reported below is similar to what I was told by management a few weeks ago.
Share Structure
Market Cap Market Cap
11,646,069
04/24/2020
Authorized Shares
250,000,000
04/24/2020
Outstanding Shares
7,764,046
04/24/2020
Restricted
6,781,166
04/24/2020
Unrestricted
982,880
04/24/2020
Held at DTC
970,108
04/24/2020
Float
765,880
02/26/2020
I tend to agree. Not sure when but with enough patience I think you will see your goal hit.
Need to get some filings done for more progress towards uplist.
I believe There are some investors in an early PPM that need to be accommodated so to speak. The S-1 that needs to be filed should accomplish that and take us one step further IMOP
Very long QUBT myself.
GLTA
I don’t believe there are any/many internal “problems” remaining.
Corona delays may prove to be the biggest obstacle over the coming months and even still Phil & Ron gave reasonable event based time frames in the interview that I think we can all live with.
Let’s get it right the first time, our time is coming.
GLTA
Unfortunately No test is 100%
HIV test can even come back with false positives from time to time.
92% is fantastic
Toxic debt is your answer to price action. Anyone who does know much about this company knows there is at least one big note holder selling that can convert at a 40% discount to the closing bid daily.
There might be two others with restricted 144 paper that can’t free it up at this price but will be able to in the future, maybe over $2-$3??? So they are a concern too.
So....why take out the current seller just to run head on into the next two and watch it sink down again?
Company is still on boarding patients and needs time to book revenue, get an official audit performed, along with many other behind the scene details required to basically build a company.
At some point in the not too distant future their revenues can payoff any debt ten times over, the day is just today. The EPS est. of $14.40 per share is a ridiculous figure and One I’m investing for the future.
I’m bidding lower to add...GLTA
In boxing its called a "rope-a-dope"
and in
poker its called "slow playing the hand"
PRED just wants the shorts to never forget who they messed with, so they keep sucking them in on weakness to get deeper and deeper.
I believe the shorts will have nightmares over the tens of millions they will lose when this all plays out.
I love the gamesmanship Pred is playing here finally on our home field, revenge is a dish best served cold.
Great when a plan comes together ain't it???
GLTA
Know Labs Granted Patent for its
Bio-RFID™ Technology
Invention to Disrupt Medical Diagnostics
Patent Protected
Seattle, WA. – April 7, 2020 - OTCQB: KNWN
Know Labs, Inc. an emerging leader in non-invasive medical diagnostics, today announced that it has been granted a patent on its Bio-RFID technology. The issued patent is broad, covering the platform nature of the Bio-RFID technology and health related diagnostics employing spectroscopy in the radio/microwave frequency band.
Phil Bosua, Know Labs CEO and inventor of the Bio-RFID technology said, “We are extremely pleased and proud to obtain this patent. It is truly an invention which we believe can disrupt and revolutionize non-invasive human biomarker detection and medical diagnostics.”
Bio-RFID technology uses radio and microwave frequencies in new ways. Nikola Tesla was quoted saying, “If you want to find the secrets of the universe, think in terms of energy, frequency and vibration.” Bio-RFID unlocks some of these secrets.
Know Labs’ first focus with its Bio-RFID technology is the wearable non-invasive continuous monitoring of blood glucose levels, an important breakthrough for the diabetes community. The Company is making rapid progress engineering the UBAND Continuous Glucose Monitor (CGM) into its market ready form for clinical trials later this year, the results of which will be submitted to the US Food and Drug Administration for approval.
As a platform technology, the monitoring of blood glucose is the first of many diagnostics Know Labs will pursue. The Company has developed a long list of other molecules that are important diagnostic markers of human health and wellness.
Dr. James “Andy” Anderson, Know Labs Chief Medical Officer, and highly regarded leader in diabetes and epidemiology stated, “This is an exciting and extremely significant patent for health care. The Bio-RFID technology is performing in the laboratory with increasing accuracy and precision as it continuously monitors blood glucose levels. Non-invasive glucose monitoring for the diabetes and pre-diabetes community is our first focus. Over time we will identify many indicators of disease, leading one day, I believe, to our ability to provide an early warning detection system for some types of cancer, markers of developing diseases, and even viruses and the health conditions that make us vulnerable to pandemics like the one we are facing today.”
The patent, issued by the United States Patent and Trademark Office as US Patent No. 10,548,503 B2, is entitled “Health Related Diagnostics Employing Spectroscopy in Radio/Microwave Frequency Band.” This newly issued patent continues the expansion of the Know Labs intellectual property portfolio. The Company continues to have a significant number of patents pending and aggressively works to expand the reach of its Bio-RFID and related electromagnetic technology. A copy of the patent may be found at www.uspto.gov.
***Projected use of funds from PPM***
USE OF PROCEEDS
The net proceeds of this Offering, estimated to be approximately $2,760,000 if the Maximum Offering is sold, The intended use of these funds are as follows:
Use of Proceeds Amount Dedicated
FDA De NovoSubmission for UBAND CGM $ 1,000,000
Clinical Product Development $260,000
New Patent Development $200,000
Working Capital and General Corporate Purposes $1,300,000
Total Use of Proceeds $2,760,000
I've been buying these shares with both hands, and I already have a boatload from the PPM.
The whole world is shut down, lets give them some time to figure things out I and still a big believer here.
As some here already know I am under NDA so can't say much, but the lab trip was enlightening to say the least and convinced me to not only hold onto ALL my warrants and early shares, but to also accumulate here FWIW.
GLTA
I have it on very good authority...Keep the Faith!
Not angry just a bit vindicated and fed up with the pumping. Unsophisticated investors got duped here and I feel for them
Been sounded the warnings alone with other here for over a month both on and off.
Just keep getting accused of being short.
Not true just a PSA
GLTA
Or this one?
Shameless pumping followed by claims of sarcasm to cover it all up.
Shame
Was this one sarcasm too???
Haha haha no dilution???
read any of the 10k???
Dilution will continue until morale improves or is that the flogging will continue until morale improves?
On this ticket right now both statements are true.
Wake up people!
Another reverse will be coming, we may get a run before then when seller dries up but not until this MASSIVE dump fest is over.