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Until financials are released proving sales this should fly
Petrogress Inc!
We need an effective PR to give people reason to hit the ask
Well deserved!
It will gap up faster if the pumpers of the OTC world jump back into this stock such as back in March when the Evandeans and all those other pumpers are around. Once you see the dumpers such as white widow, 420 boom and some other guys you sell. And that's if the owners remain kosher
In theory yes 500K sounds great however if you have been here long enough you will know why it's not. This company is at a very big loss prior to these revenue declarations and if it is to survive especially if margins are thin, it will need to declare ALOT more
Good times hate to say this but 500K in revenue is not good especially with what I'm expecting is thin margins after cost of goods purchased from easy grinder your probably looking at 125k gross profit minus expenses and keep in mind the marketing campaign expense which I'm expecting to be heft this company went for -900K to over a million net loss. That said going forward they will have to sell a lot of grinders.
I wrote to Todd he doesn't use iHub which I think is a good thing in terms of volume as we will have volume away from the traders/investors on iHub
Yes let's see what this IR we just signed can do for us.
According to a press release they sold at least 12000 units and a lot were sold at 99$ from the beginning of June. It seems distributors are paying around the 30$-40$ range hence why they were able to sell them at a discount of 50$ a grinder such as Diamond CDB just did on vet day
Ok you want to know because you think someone is deliberately hurting the stock! You would think if they are someone following closely who listen to the SHAC calls would know he is intending finding out. Maybe it was just a seller hence why he didn't mention anything?
Just curious does it change anything knowing who is selling?
I was 43822.
I'm assuming his profit margins are higher than VPORs which permits it to lower his price. Another trick in the Dror hat. Happy I paid my grinder 50$ on vet day. Wonder how high the margin was there?
As it stands it doesn't really matter if they sold 12K or even 40K. The question is how much is the margins of the grinders sold. The first 20K batch in my opinion will be very thin in margins. I'm guessing will see 13K grinders sold. They will probably make 30$ from each grinder resulting in about 400K in profit.
Stewy hate to say this but the fins will surely show the company to be negative. Especially that the have had a marketing campaign that has surely been expensive.
That said I ordered my first grinder of Diamond CDB and I must admit their delivery process has been stellar. They emailed me every day advising the status of my delivery and I live in Canada.
If VPOR can sell 15K per quarter, they should be seeing positive cash flow in 2018 assuming the management doesn't continue pulling stunts such as stating Dror is no longer affiliated and 1st thing we see is he is on this weird show all shareholders laughed at.
This week will be the determining factor if this company hits trips or starts an upward trend.
GLTA
The single most important thing when investing is understanding the business you are invested in and if you knew more about the company or any for that matter (obviously not when you just opened your account in the last few months) you would no there is no revenue cause the technology only launched in September therefore would not be in any of the 10Q's. As you can see whatever you say is laughable by everyone. But nice try "kid"
Thanks. Why isn't it stickied?
Anyone here bother adding up all the revenues so far this year as per their twitter posts?
They should worry about their 1BB building that has been in the news recently for not being structurally sound
Who would you guess in Denver is the influencer? I'm curious to know who the 9 others are. I assume will go 9 press releases to this matter
Maybe you should reach out to info@nfusz.com
I'm glad to see everyone's excitement back and hopefully can stay this way. Bay what do you mean by you and your colleagues. I guess it proves the point you are only here to provoke
I've been going through the PRs, aside from Chris Jackson and Ed Butowsky, who are the 9 other influencers?
Are you referencing his comment to Q1 for the plug in for April? Not sure about Todd he added me on twitter. He has the same first name as you. Lol. Maybe he can shed some light on what he brings to the table. Wouldn't be suprised if he is on iHub
Maybe the person on this board that recommended trilogy can shed some light?
Thanks for doing so
Rory great video. I was hoping you would explain the business.
I actually enjoyed him explaining the business model
When stock hit 50cents Mr Reddys market value was 3.5MM and today his value dropped back down to 525K at .075 and while the stock dropped he didn't sell a share and instead said here's another 200K for 2MM more shares. You still interpret this as an ATM for the private investors?
Probably waiting for Rory's video.
If we did would be a nice gain for whomever bought at 5-7 cents
I don't get it who is dumping all these shares at a loss?
I totally disagree with you. In fact if it weren't for the SHAC calls the stock would probably be much lower. The problem with this stock is visibility and volume. For the last 5 months the stock has been dropping on 150K shares traded daily which today is only 12000$ a day. It's not representative to how FUSZ is being operated as a business. Some investors who tried to make a quick buck are selling so they can go invest in the MMJ industry as it's doing a repeat of last year.
We need visibility and volume just as when the broker dealers were introduced. Word of mouth through current shareholders will only get you so far unless we own the entire float.
What I find funny is how these posters mention how Q3 will have no revenue. Had they been here from the beginning of the year or even during Q2 they would have known the fins wouldn't show much or no revenue. ORU launched Sept 7th and whogotbars Sept 29th and end of Q3 is Sept 30th. And ORU had to revisit their business model. How do they expect to have millions in less than 3 weeks of operations?
If anyone is here for a quick flip, good luck. 2018 is the year to focus on and not 2017 FUSZ is a longer term investment and not a quick flip.
GLTA longs
You never had an omelette or bacon for supper? Never had McDonals breakfast for supper?
That would make sense that they are preparing themselves for the Christmas holidays as this is the time retailers make their most revenue
I'm definitely remaining and Am long here with a big amount of shares. I'm just mad at myself for chasing the stock up. Rookie mistake in the OTC world but I'm still a rookie to OTC was trading NASDAQ and TSX prior to January of this year.
That said would not be smart to sell when it's evident the stock hit bottom unless someone is selling for a capital loss for income tax reasons.
Also logically speaking back early 2017 stock was trading at 10 cents with a tech that wasn't ready and we did not have all these agreements. Now we have a ready technology which is quite impressive, a lot of interest including a dozen deals and we are trading at 7 cents. Something or someone is keeping this stock this low for a reason and who knows maybe these big private investors are the ones to get the most amount of shares possible at the lowest possible price
2018 will be the year to re evaluate our positions within FUSZ not now when so many things are going for them!!!
GLTA the longs
Financials here prove this is way undervalued. This is not a "I believe in this company" kind of moment. The filings actual prove this is undervalued and no ones talking about this company and float is very low. Shocking. Is there an IR affiliated with PGAS? Probably not.
Many of us are all in and sadly many of us are holding an average PPS way above current PPS hence our frustrations especially when you see private placements at a 50% discount of your current PPS. I understand Mr Reddy obtaining his PPS at .07 but when a long time shareholder asks for a PP at same PPS and don't get responded to and someone new comes in and gets it, it is also frustrating
New poster and newly acquired shareholder. I just analyzed the financials. Why is this stock still trading at 3 cents with 10MM in assets, positive cash flow, almost 1MM in cash and possibly one of its best years in revenues. How is market cap less than its current assets and equal to company revenue.
Please stay at 3 cents a share until I have more money free but I think next fins will not permit that.