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I am guessing that OTC and friendly lender are mutually exclusive no matter how great the OTC company is. OTC carries a stigma. So trying to obtain friendly financing by Rory seems impossible no matter what people may argue. Hence, the 8-K.
My thoughts...
Sounds right
I erred
My apology
You so smart
The Note is convertible into shares of our common stock only on or after the occurrence of an uncured “Event of Default”
From today’s 8-K. Did you read it? If I am wrong, please explain.
Hardly correct either
Your assessment is nonsensical
Not sure what the big deal is
Borrow money
Uplist with assistance of borrowed money
Pay back debt by April
Bwahahaha
Maybe Q3 revenues won’t be so bad
Wait...
How come you are entitled to revise projections based on new information and developments, yet you don’t afford the same flexibility to Rory?
Ha the thought has crossed my mind too...
The reality is that almost nothing is assured. All I would like to see is a LITTLE assurance but we don't even have that...at least not to my way of looking at it.
Perfect summation
You can lead a horse to water but can’t make it drink.
I see it this way: nFusz can’t sell ice to an Eskimo but it can help make him look twice. Sorry, I mean Inuit...
dizong, while a lack of patience can be a character flaw, it also can be a good investment move when expectations are not met. You blame 'their own warped timelines', but while that is sometimes true, it is at other times not consistent with reality, as the timelines and expectations over and over have been set by our visionary - yet overly optimistic - CEO.
Rory is not infallible. His own expectations were perhaps warped as well. Alternatively, his timelines and expectations have evolved based on new developments. Timelines ARE NOT PROMISES, and every investor should know that as a fundamental principle. Projections are not guarantees. So if you are still basing expectations based on proposed timelines of two years ago, then yes, that thinking is warped because the situation has changed. One needs to evolve or adapt or readjust, whatever term suits your understanding. The other flaw Rory has is also a positive characteristic: transparency. Elon Musk seems like that too. It's both helped and hurt Tesla. Some love it, some can't stand it. Some are here because of Rory's transparency, some see it is a turnoff. Transparency is seductive but can unintentionally damaging. He's not as transparent now as he used to and obviously that's rubbed some people the wrong way as well. Can't win.
Should I put together a list of expectations of timelines raised by our CEO over the last 2 years, dizong?
Why ask, you are going to do it anyway.
*$143 million revenue projection for 2018?
*$48 million for 2017?
Things changed.
*16,000 stores carrying a one-of-a-kind Visa Debit Card for ORU, of which FUSZ would be a high percentage of sales?
Things changed.
*NotifiAir being completed not 'tonight' as stated in one video but MONTHS later? Or
A delay? Clutch my pearls...
*V1 being awesome
Overwhelmingly positive reviews both in execution and conceptually.
*cash flow positive in 2 months time - before the end of 2017
Things changed.
AND, just this year:
*V2 being awesome
Overwhelmingly positive reviews both in execution and conceptually. Yet still better than V1.
*blow past 20,000 subscribers - will not let us wait to find out
Rory probably dropped the ball with this. I don't know what the case is really. I'll give you this one for now but there really has been no clarity on this.
*Joint PR with Oracle on CEO desk just prior to the conference
Oh please, explained ad nauseam.
*'Most' CRMS integrated within 90 days
Delay? Who knows. Maybe it's 120 days now. Oh the horror...
Did flippers raise these expectations? No. These were raised by our CEO.
Have expectations set by the CEO become more tempered? No. They continue to be set by him, and missed. Q1 becomes Q2. Q2 becomes Q3. Q3 becomes Q4. Now 2019. You weren't here 2 years ago, but guess what? The same thing happening in 2017.
Timelines missed. Yet if you stand back and look at the forest for the trees, notifiCRM is a better product, new verticals have been released formally and unofficially. nFusz is a stronger company based on its staff and board members. Yet you still hold him to his timelines proposed in 2017.
And yet YOU seem to think there is an unjustified 'lack of patience' by people having 'character flaws'.
It is patience. But perhaps in addition to that, it's adaptability and reassessment. For me, the evolution has been acceptable to my investment approach. To some, it has not. Perhaps "character flaw" is too sensitive or apparently even offensive for some so I will take that back. I am not here to hurt feelings. Rather, the "lack of patience" can be alternatively terms as "not sharing the same insights and perspective as most longs including myself". A bit wordy but if I can spare the use of a Kleenex, effort well exerted. The world needs to be happier place.
I do agree that patience is needed. What other choice do you have?
Sell. We are not at $0.00 so you can still lose money here if you do not.
True believing 'investors' have lost a lot of money here and it isn't because of 'shorts' or being on the OTC IMO. It's because of everything that I just posted here. Rather than accepting the reality of where these expectations come from, investors only find one excuse after another for them, and then to top it off they insult those who won't do that.
Defense of nFusz and Rory should not be viewed as making excuses. The company has evolved and things change. I see this evolution. Some don't. I see the potential. Some don't. I see the increased execution. I see more now than 6 months ago. The evolution process is painful at times but I have not lost a penny. I am down on paper. Not the same. I can't write off "down on paper" on my 1040. I have lost nothing.
I know what I have posted will not convince you tedpeele but you had time to type and it's a slow afternoon so I have time to rebut. I don't expect you to be satisfied with my responses.
Appreciate your even-keeled thoughts.
One of the biggest character flaws you’ll witness here is lack of patience. People expect some things to happen instantly. Falling short of these expectations on their own warped timelines is perceived as failure. Who has these expectations? Flippers and traders, not investors.
trding,
Some of the best posts here
Your perspectives are truly appreciated
Whatever price it was, it’s caused him to lose over 5 figures, initiate a lawsuit, get divorced, scramble his spelling and grammar, and go postal
Outstanding
Thanks for your informative thoughts
Thanks so much for the followup. Can’t believe this kind of “error” can be allowed to occur.
It’s plainly obvious. So obvious. Slap you in the face with a fish obvious.
Absolutely. There is naked shorting and failure to deliver at work. otce.finra.org/regSHO
You bet.
I know price "doesn't matter". But it does if for no other reason than to temper the frail human psyche that is in most of us and to avert insanity. I'll admit it although I know some stalwarts won't (nothing wrong with that though).
Reason 1 is extremely unlikely. This is not the first time CUIN2 has expressed frustration, albeit very mildly. See some previous posts, they are there although very sporadic of course. CUIN2 does not deserve this blame at all.
Reason 2. Doubt it. Very limited access to the actual initial headline. Even less access to the follow-up recommendation.
Reason 4 could be reasoanble.
Reason 5 is just an observation and emotion held by longs but would not necessarily manifest as a sell-off to .3950. I know because I am feeling it now but I have not sold today or yesterday.
Warrants exercised? Sure I guess. There some significant share dumps today. How do we really know? We know Rory exercised but he ain't selling. I have requested an updated share tally from LHA but have not received a response.
Count me as another who is annoyed by the stock price. I can’t speak for his team though because they are privy to details we are not. I am still trusting Rory and his advisors.
Well said
Looking at nFusz activity now compared to 6 months ago is quite reassuring to me. Momentum is gathering despite the share price.
Outstanding
Looks like their clickable icon has upgraded a little as well
I think your theory is reasonable. He learned plenty from the Oracle experience.
nfusz.com states $15/mo for Entourage. App.nfusz.com may be an older version of the site.
Also of note, no Alice walkout in iPhone and notifiNPO now listed on site as a product offering.
Good summation
Back on RegSHO since 9/20.
Rather unpleasant...
Great finds CUIN2
Thanks for sharing
Agree
I don’t expect any immediate earth shattering effect of this dealing on nFusz bottom line. On the surface though, seems like an indirectly positive move for nFusz.
I expected this
Glad you sought expert opinion rather than assume that you already know everything. Even more appreciative that you reported your findings to us.
What’s farcical about it? Except that you used quotes to imply exact quote when this was not the original post...
As we all know, the market is ALWAYS rational and free from shady activity.