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I will be selling mine at .001 for a 10 bagger. The company is trending at $4 million in revenues per year. With 4 billion shares outstanding, .001 would give it a market cap of $4 million. That is the proper valuation for a company with $4 million in sales, growing revenues and participating in a hot industry like the trucking sector.
Because the stock was at no bid during most of that time. Now there is finally a bid but there are still plenty of two's on the ask.
2018, another year down the drain for this ticker. Stuck for most of the year at no bid. Not enough press releases to build any momentum. The CEO is nowhere to be found and when he does say something its usually counterproductive and kills the share price. I certainly hope he has a better plan in mind for 2019. A publically traded stock is actually supposed to trade and appreciate in value. Someone needs to remind the CEO of this simple fact.
He doesn't seem to understand that he needs to put out regular press releases to bring attention to his stock and build some momentum. He acts like this is the NYSE and Jim Cramer and Maria Bartaroma are going to cover it.
According to the 10Q the trucking subsidiary did over $900,000 in quarterly sales. So the company would be doing just under $4 million in revenues per year. And that doesn't include potential growth. The market cap is only $400,000. The stock should be trading much higher but is being priced like an empty shell.
2018 another lost year for DCAC shareholders while the CEO is nowhere to be found and doesn't know how to attract investors or put out a press release.
Global warming, blame Arthur. Global cooling blame Arthur. Crappy share price definitely blame Arthur. Hey Arthur, when you run a publically traded company your stock is actually supposed to trade. Its not supposed to be stuck at no bid for months on end. You might want to do something about it and stop twiddling your thumbs. Just an FYI
Do they have to file an 8K? Would that make it more official?
But you would think that if this transaction really occurred that insiders or someone associated would be buying up the stock at this level. Instead it goes day after day with no volume and no bid.
What does he have to do for the market to believe it?
The Company recorded sales of $983,321 during the three months ended August 31, 2018, as compared to zero sales recorded during the same period ended August 31, 2017. Sales increased as a direct result of the operations of the Company’s newly formed subsidiary, Payless Truckers, Inc.
From the 10Q ending August 31, 2018
Filed 10/25/18
https://www.otcmarkets.com/filing/html?id=13022430&guid=fpqMUaQlROHW2th
As a result, we formed Payless Truckers, Inc. (“Payless”), a wholly-owned subsidiary which was incorporated in the State of Nevada, on April 11, 2018. Payless is a start-up trucking company whose principal business is to acquire, refurbish, add location electronics, advertise and sell commercial vehicles to independent drivers and operators. We entered into an operating agreement with a senior management team in an effort to drive the business and better realize its earnings and growth potential. Payless is responsible for a substantial amount of our financial results, which was an intentional management objective.
We envision Payless as a two-segment trucking business that will be built from its current operating base in Louisiana over the first twelve months of operation. It represents a streamlined trucking company model; one we believe should survive any potential future slow-downs in the economy. It was developed to allow for the maximum utilization of each truck. The first phase of operations has already been implemented, and is described above. The second phase of the business looks to expand upon our current model to allow drivers to rent, or lease, to own our vehicles.
We hope to further enhance our plan for growth beginning in our second year by forming joint-ventures and/or partnerships with truck maintenance companies across the United States in key traffic hubs. This will potentially afford independent drivers and operators the opportunity to be serviced by trusted maintenance facilities under our warranty program.
It is listed in the quarterly report as a subsidiary with a little less than $1 million in quarterly revenues if I remember correctly. But the market doesn't appear to believe it for whatever reason.
Should we file a missing persons report for Arthur. What happened to the guy? Does he know he is the CEO of a publically traded company?
Great stock here. Look at all of the interest they have drummed up.
Arthur needs to get his act together. He needs to start issuing press releases and do the proper filings.
Yeah it will come next alright. Probably next year.
There is no interest in this stock whatsoever. He needs to start up a pr campaign and generate some interest in this stock.
I care, I am trying to decide whether to buy. There must be some kind of news coming.
Is there a news release expected soon on this one?
Do you see the market reaction? There is none. That is why companies use press releases or at the very least put it on twitter in a separate new tweet.
Arthur should put out a press release if/when the deal is closed. At least put it on twitter
Where did this come from?
Maybe the geniuses in management are huddled around their televisions waiting for Maria Bartaroma or Jim Cramer to do a feature on CDIX. Maybe that is the impetus they are waiting for since they manage the stock like it trades on the NYSE.
Has capitulation occurred?
I sold out as well. Too much dumping. Too much whiplash. Too little sizzle. Too little sales acumen on the part of management.
No new convert. notes till mid-Feb 2019
A $900,000 market cap w/ forward revenues of $5 to $6 million. Proves they don't know how to market their stock.
These guys lack sales aptitude. They have no sizzle to them and don't know how to sell. They couldn't sell water in a desert. Hence the share price.
I will listen to it. I thought I did hear that.
No new notes mature until February 2019.
The worst run stock on the entire OTC.
Its very easy to figure it out. I already have.
This has to be the worst run stock I have ever seen. The lack of common sense is mind boggling.
Worst run stock ive ever seen. Clueless
The CEO needs to update his shareholders with a press release.
Momentum? This stock has zero momentum and this is the time of year when stocks should be running
Glad I ignored the pumpers on this board who claimed big news was coming. So much for the big news. This stock is a toxic mess.
The chart looks ready. The psar could flip. Just need to hear from Arthur.
Where is it?
Where is the post Labor Day press release?