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.003 EPS gives the stock a 2 PE here.... Which is ridiculously low for a small cap with increasing free cash + a reducing OS
This should see .01++ soon
There’s a business, I’m just making the point that even if they did not have one this stock is still undervalued because they have millions of dollars coming in from lawsuits, on top of the biz... see highlight, this is yesterdays PR...
CMG Holdings Group Announces Strong 2019 Operational Performance
May 07 2020 - 11:00AM
InvestorsHub NewsWire Print
Chicago, IL -- May 7, 2020 -- InvestorsHub NewsWire -- CMG Holdings Group, Inc. (CMGO/OTC) is pleased to announce strong audited financial results for 2019 that prove its successful financial and operational turnaround. The Company's wholly-owned operating business – The Experiential Agency, Inc. (XA) – demonstrated solid momentum with new and repeat customers, including multiple six-figure wins, that shows its strong competitive positioning in the large domestic experiential advertising market. Meanwhile, the Company continues to collect proceeds from previously settled litigation and acquired common stock in the open market under its previously announced share repurchase program.
2019 revenues of $1,778,773 were up a strong 41% YoY from $1,258,160 in 2018. The increase was primarily due to the growing event marketing operations of XA and litigation settlement collections. Net income significantly improved to $1.52 million from ($128,381) in the prior year, with EPS improving to $0.003 up significantly from ($0.0003) as the Company returned to profitability. CMGO exited the year with cash of $781,752, up substantially from $151,871, driven by profits at XA and litigation settlement proceeds.
Pursuant to the share buy-back approved by the Board of Directors in mid-2019, CMGO repurchased 6.4 million common shares during the year returning capital to shareholders. The share repurchase program has continued in 2020. CEO Glenn Laken said, "I believe the shares of CMGO represent a real value play for investors with a short- to medium-term time horizon. Accordingly, I also personally purchased 2.1 million shares in the open market last year."
Separately, he added, "On January 3, 2020, CMGO filed an arbitration proceeding against our former auditors for gross malpractice. If CMGO prevails with these claims, as we expect we will, the company has the potential to collect a significant judgement in 2020-2021."
In closing Laken said, "After years of being an Alternative Reporting Company, we have audited our financials and are now Fully-Reporting with the SEC. I believe this will provide transparency for investors and ultimately improve CMGO's share price. That said, the current pandemic environment has adversely impacted the target markets for XA's business. XA is well positioned, as a lean Company with minimal overhead backed by CMGO's strong balance sheet, to weather the economic storm. I believe the experiential advertising market will rebound by year-end 2020 or earlier, which will position XA to be a survivor of the malaise that ultimately gains market share."
About CMG Holdings Group, Inc.
CMG Holdings Group, Inc. (https://www.cmgholdingsinc.com) is a Chicago holding company whose primary operating subsidiary is XA – The Experiential Agency, Inc. (http://www.experientialagency.com) - which engages in the alternative advertising, digital media, experiential and interactive marketing, and entertainment sectors. XA is involved in production and promotion, event design, sponsorship evaluation, negotiation and activation, talent buying, show production, stage and set design, and data analysis and management activities. The business also offers branding and design services, such as graphic, industrial and package designs across traditional and new media, public relations, social media, media development and relations, and interactive marketing platforms to provide its clients with customary private digital media networks to design and develop individual broadcasting digital media channels to sell, promote, and enhance their digital media video content through mobile, online, and social mediums. XA serves clients across the marketing communication industry. Separately, CMG Holdings Group owns Lincoln Acquisition Corp., a subsidiary formed to manage its portfolio investments.
This is a great time to be in this stock, both fundamentally and technically... The weekly chart is indicating that next week will be profitable for shareholders that buy this week, as long as we hold most of the gains we’ve made this week
I bet many new eyes start doing research over the weekend... and they’re going to find a CEO thats doing what’s in the best interest of shareholders, setting the company up to sustain higher levels
Even if this company didn’t have any businesses right now, the lawsuit cash justifies higher valuation’s... Glenn has proven that he can win and there are more lawsuits on the table.
... and no doubt more buybacks are coming, they’ve bought shares higher than this + they want the price much much higher
More lawsuit cash is coming than the market cap... try to find another penny stock in this amazing position...
...and most of this cash isn’t even needed to support the business. It’s just sitting around, waiting to grow the company + stock price (ongoing buybacks)
They absolutely are buying back shares, not only with the company’s stock pile of free cash, but also with the CEOs own money.
He is committed to getting the stock higher, It just took time to get these filings done. Now that they are no longer in the way expect some bold/aggressive moves to get the price higher
Perfect time to be buying this low valuation/bottoming stock imo
Now that the filing is out Glenn can start buying back shares again... and I have a feeling he wants to push the stock near term...
....and he has plenty of free cash to do so.
Look for more news as well, possibly an acquisition
Anybody doubt that they are going to keep their foot on the gas near term?
Glenn has been dumping his own money into this, along with the company, at these levels and higher. He’s highly motivated to get the stock into a bull trend. Expect more news coming...
I was buying .004s the other day and I’m adding .005’s today. The Valuation is too low and there’s no dilution/decreasing OS
$2.5 million market cap and flush with cash that they dont really need to survive, hence buybacks... and more excess $$$ is coming from lawsuits
Now that they are getting their financials in order, I smell an acquisition coming which will improve the dynamics even more... and It’s a great time to be in a position to acquire another company, there’s many at fire sale prices
The worm has turned. I can see some penny groups coming in here and pumping this soon and it won’t take much to get it over .01 now imo. The bottom is in
I tried. Sorry longs... a great story that didn't get told in a professional manner. Allowing them to raise more money with less equity, equating to rapid/rewarding growth over the past 3 years.
This stock should be pulling back to levels much higher than this right now, not .01.
Roger neglected the most important reason for being public. His inexperience with the equity markets is the greatest detriment to all involved. Ive pounded the table pretty hard since 2017
Ill say it again: A CEO does not need to know everything, but they need to find people to get it done. How hard is an informative/attractive investor focused website, some video and print presentations, improving the social media presence (retweet articles, compelling reviews, pics, videos, sector DD, using hashtags) etc?
I bet hes thinking about this stuff seriously NOW, but timing is everything... I tried, but this messenger has been shot too many times
You keep making that claim no matter how many times it is proven wrong. There is no limit to the amount of shares they can issue, they can issue billions. The AS can be increased with the swipe of a pen and the company has already committed to increasing it, per the last filing.
They have already committed to issuing hundred of millions more than 600 million. They are issuing shares as they liquidate them... Once the current diluters shares are dumped, we will see the OS jump again. They are not issuing too much at one time which would scare people away, making it hard for them to liquidate
Once the AS is maxed they will increase it . They have to per the SEC rules.
Sellers have been nothing but savvy. It’s those of us holding that have made a mistake... We’ve heard how sellers are “Donks” at every price level, right before it hits a lower low.
I don’t think Roger could even move the stock right now, because he’s waited too long to do it and now we have negative technicals. If this virus spreads for months we’re going to see losses pile up as people avoid going to these locations and spending hours touching games that other sick people could’ve touched.
250 employees is a lot of people to support. If he spent more time improving the share price, he could counter it with a small amount of dilution, at higher levels, but at these levels they’re likely going to have to raise money at .01, or lower if the price continues to drop.
how can we get this rookie CEO to understand the basics? Maybe the upcoming fear of his whole company falling into bankruptcy will do the trick. With almost $7 million debt + trading at these valuation levels he has created too much risk and it’s his fault for allowing this situation to prolong.
If you’re waiting for .02 next week, why not just wait for .01? These dilutors are going to crush the stock. Roger pretty much told us he has no urgency to do anything (same claims since 2017) and hundreds of millions of shares are coming.
I’m sure his plan is to not increase the AS until he has maxed the current one. This is what I’m reading between the lines, because the financials state that they have to do it. It’s not a choice, they’ve committed more dilution than the AS.
I’m expecting people to start selling along with the dilutors, because there’s so much value on the big boards now.
The CEO shouldn’t be the biggest issue with this stock, but he is. Freakin pissed
Its so important for a CEO to learn how to CONTROL a message. He has plenty of stuff that he can use to keep the message focused, but instead he lets negative speculation control the message.
The Q&A session’s are not that impacting because he’s just going over the same old BS. A rising share price eliminates half those questions, cause people don’t even care when the price is rising. When the price is stagnating/dropping investors start looking for every reason why it’s not rising, making them overly pessimistic.
If they were actively drawing in new interest the Negatives would be nothing and it would be hard not to be excited and bullish, with everybody posting the old DD again and whatnot. This is how the most scamming tickers can run massively, no matter how negative the board is and no matter how dirty the filings are. those CEOs know that you can’t just stew on the old BS, you have to go out and excite people all over again, with some new BS…
But FUNN doesn’t even need to spread BS, they have the eye candy available to them, they’re just too ignorant/stubborn to figure it out... look at the quality of the snakes videos, imagine if they put that effort into explaining this business plan in detail and relaying a message towards investors, not consumers. Then pay social media to get eyes on it...
If they make a video(s), myself and other longs will help ensure that a lot of new eyes see it. It’s so much easier than spreading printed info around. People love watching videos!... They can also use it for the homepage of the corporate website, so when people click the link in the press releases they will actually find some investor focused information on snakes
I doubt many new investors comprehend that this company charges a cover just to take a seat within these large/busy locations. This is a significant aspect that makes it look more like a real concept and not just a restaurant with some board games, which is nothing exciting.
It’s so important for them to start telling this story like professionals. Can’t stress it enough
Roger has a bumper crop of carrots, but he doesn’t know how to harvest them.... and create amazing meals that the masses would love to taste
If longs can get him to comprehend this, it will be enjoyable to be invested in this again.
He doesn’t even need to hire an IR, he just has to get proactive at the simple things. Social media costs nothing, use hashtags to broaden your message, etc. He could be posting videos, pictures, independent articles, new retailers, details about the company and its products/services, sector related info and graphs, how about a retailer map that constantly gets updated, unique reviews, VIDEO reviews, etc. We should be getting constant details, instead of a flurry of tweets once per month. Make people constantly check the Twitter account, because there’s enough new/exciting info flowing
Heck, a long can create a retailer map in Google right now. It will save all of the locations and give you a view of the retailers we find online. A zoomable visual of the world is much more powerful than a list
There are so many simple things a company in this position can use, but they do the absolute minimum
PS: He doesn’t even put the ticker symbol in the tweets!
I’d rather buy a company with a rising share price and doing everything they can to keep excitement levels high with their shareholder base, while attracting more.
One can average down for eternity in pennyland if a company keeps raising money at lower and lower levels.
We keep losing long’s and if he did more to amplify the information that some of us find on Google, social media, etc, we likely would have established a floor much higher than this. The shareholder base would be stronger
A sinking share price is not good for buyers, because it could keep sinking. There’s always 100% of your money to lose, no matter what price it is.... Letting the price just drift without doing anything meaningful to improve the situation is the last possible response we should be happy with
If he started looking for an IR when he told us he was going to back in early 2017, I bet the situation would be dramatically better for all... He has had plenty of time to find a good one, but he doesn’t take it seriously, which is the problem
Roger has never ran another company before, I doubt he’s even owned many stocks.… i think there are some longs that have been filling his head with claims that any type of promotion is bad for a small company. IRs dont work,etc... These BS insinuations are detrimental to all of us and Roger doesn’t have the experience to know that they are wrong
There seems to be a confusion between a company that is nothing but words on paper promoting a bunch of crap and dumping shares into it, compared to a company that is legitimately trying to gain interest for the company so they can grow a proven concept. Nothing this company will be promoting would be dishonest. They can just focus on the snakes concept which is such an exciting thing to relay. How many aspects do we discuss on this message board every day that the masses have no clue about? This stuff should be organized and retold in a very powerful and connecting way. This is the year 2020 and if you aren’t doing video you are a nobody.
I would be advertising videos all over social media... with comments like “ Do you have this much fun when you go out to eat with your family?“
Tweet a comment like “Let’s play find the iphone” then show a packed snakes location with everybody focused on each other, laughing, dumping money into the register... There are so many ways they can demonstrate the power of this concept, but It’s obvious That Roger just doesn’t know how... this is why he needs to locate a professional as soon as he can, because each day is opportunity lost. should’ve been done in 2017, when I first brought this up
Not once has anybody suggested sending out pump emails. In fact I’ve gone into great detail on why we should not, there are countless ways to do CLEAN promotion. Unlike most penny stocks this company actually has substance to promote. no one would be promoting a bunch of fake BS... it would be nice if people comprehend my comments, because I’ve been very detailed
Making a video that shows off these sexy snakes locations is not a scammy thing to do. Taking that video and advertising it on websites is not a scammy thing to do. That is what millions of other public and private companies do every single day. When you need to raise money and you want to beat your competitors, you have to do these things otherwise they don’t know you exist.
Please explain to me how advertising your business/stock and trying to compete in a very difficult/competitive market is a bad thing to do?
This company is not leveraging their SUBSTANCE into stock gains thus fueling the rate in which they can grow... they have substantive information that can be found on Google and the majority of the shareholders don’t even know the info exists. How hard is it to amplify it via social media?
So frustrating watching this stock suck the life out of people and the CEO can’t even figure out how to leverage factual information into some excitement
There has never been a share canceled in this company. Roger converted his shares to preferred shares. Big difference
And the authorized share count can be raised with the swipe of a pen... in fact they have to, because there are more shares committed than the current AS. The filing states this... Ive explained this to you multiple times
There is zero excuse for him to do nothing right now. There is a ton of money in this market looking for opportunities to invest in. People are paying ridiculous amounts for early concept companies. Often billions for a company that hasn’t even made $1... and these new investors that are entering the market don’t even care about financials, seriously. If they did they wouldn’t be paying so much for these new public and private companies popping up everywhere
FUNN needs to attract some of this money, get the stock out of the mud, fuel all these ripe initiatives and ensure success. This is how a CEO that actually cares about his company puts his foot down and does things. They don’t sit on their hands, especially when there is so much good info to amplify. It’s beyond ridiculous. Shareholders should be pissed, there’s a good reason to be.
What I’m proposing is something that should happen every single day of a company’s existence. When you need to raise money from the market, you better not neglect the markets. This is public company 101
You seem to think these financials are going to come out sometime in the near future, while I don’t even count on them anymore, because it’s not gonna be for many months. We cannot do nothing until then because they needed money yesterday
Do the simple freaking math. Read the previous financials... do you think bill collectors care? Every day he puts off doing this the longer it takes to actually grow the business.
Time is not on our side as investors, please comprehend this extremely important fact. If this company was profitable or breakeven time wouldnt be as much of a factor.... but they need mucho cash and their only way of obtaining it is to sell discounted shares.
Higher prices equates to less dilution... And he has more than enough DD available to improve the price right now. all these BS excuses make zero sense to me or anybody that understands why the equity markets exist
If this downtrend continues you won’t have an investment anymore. This company will go bankrupt, unable to raise the money needed to pay off the millions in debt that are piling up, along with the millions that they still need to raise
It’s simple math... start putting pressure on him now or regret it
I’ve been bringing this up since 2017. The only way to get him to do anything as if people start pounding him anyway they can. Email, phone, personal visits, whatever
There won’t be a long term if he doesn’t start correcting the short term. They could dilute us to all-time lows, people need to understand this fact. they are putting us in a extremely dangerous situation.
You cant draw this much from the markets without doing anything to attract interest. Lower prices equates to larger amounts of shares, for smaller amounts of money raised... and you can’t just put bills on hold, when you need money, you need to raise it
If this company was nothing, it wouldn’t have so much consistent interest. People are glued to the ticker for a reason
That .23 run worked out great!!! They were raising money 500% higher than they currently are... this company is bigger now, but they are raising money at a fraction of what they were able to when they were a smaller company.
That is long term, he needs a short term plan to get the price out of this mud asap, cause they need $$$
The entire business is being slowed because of the price stagnation, which is a direct reflection of the lack of effort/laziness
I bet you we could see one of the best days in years if Roger released a PR detailing how he’s going to aggressively do whatever he can to get the stock noticed by the masses. starting by hiring a professional that will work the market full-time
Everyone on this board knows that this stock has potential, so Sideliners would pound the ask at the same time causing it to move hard and fast off this bottom imo. The story is ripe for more interest. Not enough people know it exists and/or comprehend the complete concept and its potential. We need to make this CEO figure out his job, before he crushes us
I have to disagree with that. I see penny stocks run with so much less than this company has already proven. FUNN has started to breakout multiple times but then he goes several weeks without giving us any type of news, tweet, etc and we slowly drift back down. When the stock needs him to step up most he doesn’t
Far more investors exist than have ever heard of this stock, so a claim that it can’t move higher than the current level with all that they are involved with makes no sense to me. New investors won’t have any idea about the negatives that existed the week before, not many are going to be reading through thousands of posts and once the stock starts moving this board is all positive.
I bet he could increase this price back over .10 just by making a video presentation of how the snakes look inside on a busy Friday night, while expanding on the concept so people comprehend that this is not just a normal restaurant with some board games in the corner, they actually are able to collect a cover charge... They can also detail the growth of the board game sector with graphs and explain how these locations can be used to gain awareness for a title, thus giving each title the potential of a $XXX,000,000 hit over its lifetime. Again, not many comprehend the size/growth rate of this board game sector, but if it’s detailed for the masses in a sexy video there’s no doubt in my mind we can hit a multi year high... make a video detailing the biz, then get the masses to notice it by advertising on social media, like other companies do every day
This company can easily trade much higher, on the pink sheets, without filings, etc if he did things properly... the other day we were .06+ with nothing, so a claim that we can’t move off .03 makes zero sense to me. With A little bit of effort/consistency we could be higher than we’ve seen in years... a skilled IR would’ve understood the importance of hitting the stock hard when it ran into resistance, because once you break that first major resistance a new set of buyers start piling on top.
Roger does the least that he could possibly do + this is a red hot economy with all kinds of investors looking for opportunities like this. So there’s no doubt in my mind we could attract several times the current shareholders base, with a proper effort/plan/consistency.
Investors need to keep a fire lit under his ass and not let him destroy this company with his laziness. if he doesn’t have time or experience to figure this stuff out, he needs to hire a professional that has told many corporate stories.
bullshit... The lack of CONTENT is the reason for the emails
Roger is telling this story like crap and the PPS + lack of buy interest proves it. I want to see a fire lit under his ass. There is PLENTY he can do, but he chooses to do the least.
He does not even have time (or care) to answer calls from investors and he seems to think there is no need for an IR?... a company at THIS stage should be working harder to solidify the current base, while attracting more interest. This is his job and he is failing us.
This is unacceptable for a company that needs to raise $$$ from the markets. I have relayed many ideas, some cost NOTHING, just a few minutes here and there.
You get what you put it. Aren't you tired of the failed attempts to breakout? I am... He keep taking his foot off the gas at the worst possible times and is way too predictable, so traders use it to their advantage. We need to bust free, into a second (larger) leg.
A pump and dump is better than just getting the dump, right?
Interest has to increase when dilution is taking place, or else there’s only one direction the stock will trend.... the difference with this company is that they’ll be hyping a real/viable business with billions of dollars in potential, unlike most penny stocks which are hyping a business plan that hasn’t proven anything.
You don’t think big board stocks pump? lol... they have people working the phones everyday, going on the financial channels, paying people to write articles about them, creating media, advertising on CNBC with their ticker symbol in the commercial, hiring social media influencers, presenting at investor shows, etc
You do it or you fail. it’s too hard to get noticed and raise money when no one knows you exist... this is the way the world is nowadays, time to get used to it. You can’t do anything without everybody promoting their crap in your face, no matter what it is. Social media is full of influencers for a reason, it works amazingly well. Young children are making millions just talking about toys, which they’re getting paid for.
Failure can’t be an option, everything has to be done to ensure success. If you don’t do it, your competitor will be.... I would pump this stock to the craziest valuation and ensure that it has a low chance of failing because of it’s financials. Play to win
No Story needs to be fabricated, the undeniable 100% factual evidence exists, which you can see with your own eyes... The Company just needs to organize and present it to a larger audience
This is the speculative penny market were actual results aren’t even needed. You just have to paint the vision in investors minds and they will buy based on the potential of it happening in the future. This is how the stock market works for people that don’t know.... especially in the penny stock market where the majority of the stocks never live up to the claims
This company does zero to promote this stock and they have some of the best promotional material you’re going to find in pennyland. If he decides to get aggressive with promo, people better slam the ask as fast as they can, because I bet you anything it will be running as hard and fast as it did in 2017.
The most foolish thing a penny player could ever do is convince themselves into thinking a penny stock can’t run because of any particular aspect. Even the dirtiest nastiest penny stocks can run massively with proper promotion and they don’t even need to have any substance...
No doubt this could have a nine figure market cap right now, If the CEO was aggressive and consistent
Again, it doesn’t matter what type of investor it is, as long as they have money.
Simple investors push the stock price and sophisticated investors come in later for the funding. it’s all just money, no matter whose pocket it is in. A stocks price does not discriminate
Do you really think with a stocks volume spiking anyone cares who’s buying that stock? ... all people care about is money money money flowing in.
If we had an experienced person crafting and amplifying this corporate story, there’s not a doubt in my mind that we would see higher levels than the current share price, which we’ve been sitting at for months, with ZERO promotion.
This company has so much sexy media to promote and they do zero. Can anybody, with a straight face, claim that things would not improve if they were aggressively utilizing everything they have to generate more interest? There’s not a doubt in my mind we would be trading with a much higher floor/volume.
The only issue is convincing a CEO who’s been brainwashed into thinking that doing any form of promotion is somehow bad. He seems to be lumping any type of interest generating initiatives with being shady penny stock promotion... he doesn’t seem to comprehend that he actually has a story worth promoting and that there are clean/powerful ways to go about it, especially when you have this much media content available. most pennies can’t make videos of nothing, They don’t have 10,000 square-foot locations packed wall to wall, with every seat paying a cover charge. This aspect alone could bring millions of dollars into the stock, if utilized
I cannot stress to the Longs how important it is that he starts changing his flawed thinking. He is literally letting some of the most powerful interest generating info go to waste on a daily basis.
Again, we don’t need “sophisticated investors”. I don’t care what type of person or investor it is, we just need money flowing into the stock. That’s all that really matters. Money money money... This is the only thing that increases a stocks value. A company can grow dramatically, but if there is no money pushing the price it will sit at undervalued/dead levels until money finds it, which could be many years
Roger is not attracting enough money money money, yet they need money money money to fuel these already proven business models. This isn’t a startup anymore, it’s a viable business model with massive expansion potential, however It means nothing if you don’t have the money money money to invest and fulfill that growth
Promoting the stock is like the most important thing he can do AT THIS STAGE, otherwise he’s just going to continue to dilute us at low levels, until the stock is obliterated.
If i were CEO i would pump this story as much as i could (cleanly) and get in front of as many investor groups that i could find. I would be using video to the EXTREME. I would record and use all the excitement that is generated on a Friday night WITHIN these snakes locations and ram it down the markets throat. Make people feel FOMO because I’m so aggressively getting the word out in any freakin way I can, while raising tens of millions and fueling a location per month, etc... This is how you grease the wheels and keep them turning
How hard would it be to walk through a PACKED snakes location and start asking customers what they think of the experience? Customers love snakes!!! This is the most powerful brand and stock boosting info that a small company could ever generate, which cost the company nothing. I would create many corporate video updates and pay social media to market them to small cap investors, etc when they search for those topics.
This is the way to ensure survival. if you neglect your investors/stock market, you can’t fulfill the business plan and everyone loses. it all comes down to money money money.... and this story is RIPE for more exposure!
Preaching to the choir is not promotion. Promotion goes out and attracts NEW interest. The only people that see the tweets are the people that actually follow the company, right? He doesn’t even use any hashtags to gain interest outside of his long investors. How can one call that promotion???
There is no presentation, although this company is in a prime position to have a sexy video and print presentation
... and PR’s are not as effective for small caps as they used to be, because everybody and their mother is pumping out information into the Internet on a daily basis and no one can read it all.
Again, he does nothing to promote the stock. Barely any money is invested in exposure, other than the cost of press releases. If he made a sexy investor focused video and advertised it on this site and others, I bet we would see the shareholder base increase rapidly, while hitting price levels we have not seen since 2017
I have studied thousands of penny stocks over the past couple decades, I know what works. I see it all the time. this company is not promoting to any significant degree. They are just doing what every other company does, tweet and PR’s. They are doing nothing extra to garner interest, but are in a PRIME position to do so.
This is the year 2020, video and other interactive media is KING and this company has none that’s directed at the shareholders. If they aggressive started showing off what this investment entails via video, theres no doubt in my mind the price would be improving and the repetitive negatives would vanish from the discussion, while it ran back to the highs.
I think it’s important to comprehend the type of people that buy penny stocks. If people are willing to buy the Thousands of other scams, it’s completely illogical to assume they wouldn’t buy the story here, if they knew the opportunity existed.
People can actually walk into the physical locations, order a meal and purchase a product that is created by this company, which is pretty rare for a penny stock. People buy nothing but words on paper with other stocks and they throw millions of dollars at them, so don’t tell me that people wouldn’t buy this verifiable story, regardless of ANYTHING that’s in the filings. that is just complete BS, which is PROVEN by every other penny stock
I never mentioned institutional investors, we don’t need them right now, I mentioned the millions of other penny investors that exist in this world. there is more than enough speculative money in this economy to push this stock massively... and more than enough of a tangible story that will keep many of them holding and buying more, while telling all their friends and family, etc.
If your claim was actually true, none of these stocks would have any value... but people buy pennies every day with so much less than this company has already proven.
Flippers are an important part of the equation, they spike liquidity/volume, which gets an even greater amount of people to notice the story. Flippers exist in every big move that happens, so it’s illogical just to focus on them in any meaningful way. I’m a flipper myself, but if I see a story that has the potential of growing, ill hold shares.
Flippers, traders, investors, you can call them whatever you want but it’s money. Money is needed to move the markets, I don’t care where it comes from, any interest is going to be better than what we are experiencing now... I have no problems with flippers pushing this back to .25, it wouldn’t come crashing back down to .03. If it did it would take a long time, allowing the company to raise a lot more money with a lot less equity, just like we experience during the last big momo rally. win/win
If he wanted he could pump this massively and improve everything. If he’s willing to BS on other topics, why not just freaking pump the crap out of it like other pennies?
Anyone that’s traded penny stocks long enough knows that the negatives don’t really matter. all pennies have them and most are worse than FUNN. As soon as the stock starts to spike, they all get forgotten. The message gets overrun by hundreds of new bulls showing up and posting positively, attracting more people to pile on top
If these large funders wanted to, they could hire a bunch of promoters and push this out of the hole, allowing them to dump some of their free trading shares, then come back in with better financing with that money. When promoters are hired for penny stocks, it’s usually paid for by the largest funders, not the company
Or they could just create a powerful video showing off the snakes locations, etc and pay a dozen sites to broadcast it, including iHub
I bet you so many new investors would pile into this story, the price would be sustaining levels much higher than this.... they say no publicity is bad publicity, especially when you have a story that’s capable of keeping peoples interest. Most pumps are nothing but words, but this company actually has a plethora of substance that people can see with their own eyes
Every PR he puts out, every tweet, etc. would have a positive impact on the price again, because all the new buyers could be convinced to dump more and more into it, like current longs did. The problem now is that everybody that’s in the stock is tapped out. This stock needs fresh interest. ANY WAY they can attract it is better than not attracting it. this is about SURVIVAL
It’s amazing how many CEOs don’t want to be seen as pumping their stock, but it beats total failure. I’d rather be in a LEGIT company that gets hyped up, rather than a stock that does nothing until it fails and loses everyones money. Musk did pretty good pumping the crap out of his ticker and yes i know its not a penny stock, but regardless...
You’ve got to play the game to beat the game... it makes no sense to wither away into nothing without even trying
They barely lent much money to this company and i doubt they give FUNN more at this time... Those types of lenders are not going to throw good money after bad. If the price was rising, we would likely have multiple people throwing money at this company
Sentiment is everything when it comes to financing. it’s hard to fund a company that’s done nothing but drop for three years. This type of price action, especially during a bull market, makes everyone nervous/cautious
We need a BOLD initiative to dramatically change the sentiment/dynamics rapidly
There wouldn’t be this many negatives being discussed if the price was moving higher. It’s easy to focus on the positives when the price is reassuring us... but when a stock keeps dropping, people tend to focus on the negatives more, to justify why it’s dropping. This makes it harder to attract financing as well
If Roger begins to put REAL effort into telling the story and increasing the price, sentiment will quickly improve along with it... The other day when the stock was over .05, the sentiment was entirely different than it is right now and thats only with a .05 price.
Can you imagine how fast sentiment will prove if this price can get back over .10? it would be hard to find a negative on this board...
I bet if Roger announced in PR that he’s going to dramatically improve the awareness of this story, that alone would put in a floor and start an uptrend... because everyone that’s done DD knows that this is an attractive story, that’s why we are here, but it’s the CEOs inexperience and laziness that’s preventing it from being told properly.
If Roger wanted to he could BS us into a quick improvement of the price, as soon as tomorrow… but he needs to be very convincing. I wanna see him get angry and do everything in his power to shut me up