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Good morning,
Couple of points that need to be discussed.
We know that the note is our current issue. However, this is only a problem as we are sitting in the doldrums. We're on a sailboat without wind.
First and foremost, the company needs to bring us news. This is only way we will get rid of this note other than a clear buyout. It's all on the volume, if we don't get the volume, it will take forever to satisfy this note. I'm sure the company realizes this and expect announcements to coordinate this absolute necessary part of the plan. As I have mentioned in my previous posts, the company does have things on their plate it is just a matter when.
The catalyst and hopefully a strong end of year 10-K, which I expect the first week of March or sooner for end of its fiscal 2023 year. We should get some positive numbers.
Hang in there and look in the current price as a buying opportunity.
Have a good day.
varok
Quiet as a mouse
I really don't know, but it is certainly something that will give us a nice boost.
I've got my notions. but I will leave it to my mindset.
This is a huge event if it does materialize. Whatever it is, it will give us the volume to work off the note.
Remember this PR from May 17 2023.
TEKUMO ANNOUNCES STRATEGIC PARTNERSHIP WITH LEADING IT MANAGED SERVICES PROVIDER
Press Release | 05/17/2023
NEW YORK, May 17, 2023 (GLOBE NEWSWIRE) -- Balincan USA Inc. ("Balincan" or the "Company") and Tekumo announces a partnership with the largest third-party Managed Services provider to the Retail Industry. They support IT store technology in enterprise retailers, including Top 10 North American retailers, in thousands of retail locations nationwide.
The name/symbol has to be in place before they can announce this. Interesting isn't it. Hmmm
Good Morning,
We now have the official announcement with much optimism from the company.
For us shareholders one needs to look into the previous announcements and their projected growth analysis on what to expect.
We do have one issue with respect to the remaining note and it does come with a burdened dilutive nature. Currently we are sitting at a MC of $630K on O/S of 575,902,317.
The "Under the terms of the 3(a)(10) Settlement, $1.9 million of Convertible Notes may convert into unrestricted shares of common stock subject to a 9.99%". Now this is a moving calculous, but it amounts to roughly 900m shares give or take. The important factor to keep in mind on this, is in what environment will these shares move into the retail market. Remember, the volume dictates the amount that moves around these shares and that will largely depend on the company to disseminate a string of very encouraging news. But overall, it will increase our O/S by at least 900m and when you add up the current O/S we will be looking at 1.5B O/S when this note ends Ok, we got that in now and on the surface, it isn't really that bad, but never-the-less still a dilutive nature.
So, if these shares hit in time, our MC, considering the present figures of 2024 projected growth (the company's projection of $5m ) will be .003. The math is 1.5B O/S devided by $5m projected REV. = .003 price per share. The floundering within this price range is this note and the street always takes actuals that are present and not future projections.
What to expect is one tidbit on a coming announcement with collaboration with a major internet provider. This was mentioned in a very current last quarter release from the company. This will change the dynamics of this current malaise we are in.
I am optimistic on so far what the company has released and feel this is a buying opportunity and at least a hold through 2024 as events play out. What I do hope would be a buyback on this note and this would take us much further and allow a share structure to a true fair value.
Depending on this collaboration and the extent of projected Rev. our range will float within the high of .003 under the current note and to move into pennyland the note has to end.
Have a good day
varok
Yes indeed, and now the fruit of our wait is on display.
Good Morning,
We are now officially TKMO. Bid .0012 Ask.0014
TD Amertrade is also booting up TKMO and sidelining BCNN.
It's going to be a wonderful Friday with more action than most end of week sessions.
Target .002 today
Have a good day.
varok
Fence sitters do not want to go into the weekend without a position.
Expect news next week under the new symbol -TKMO and the upcoming 2024 financials what I expect to be a real burn burner.
Appears the dilutive factor isn't shown in today's session. Shares are tight folks.
So going to be a great week coming.
Have a good day.
varok
,0013 up very thin on the rise.
If not then, Monday for sure, but I will bet tomorrow to give us a whole weekend for great chat.
If this MC stays within the current share structure we will or should be at .01 without the sophisticated accounting analysis, which is the actual penny arcade model. In other words, straight up accounting without the intricate detailing that exists within investment grade securities.
Looking at the tape thus far appears shares are tight, and another indicator is the numerous 10.000 running off gives us much optimism and tomorrow going into next week will be awesome.
One more positive is the number of shares acquired at .0008-.0009, makes .005 a no brainer.
I see a target price of .005 without much resistance in the coming week.
Have a good day.
varok
We have just merged into a $5m company TKMO. Truely a solid marriage. 😃
Have a good day
varok
BCNN! We have just merged into a $5m company TKMO. Truely a solid marriage. 😃
Have a good day
varok
Here we go folks! 😃
Lofty goals to say the least. You can't argue with optimism from the shareholders letter no matter how much dilution is disseminated into the retail O/S. Remember, somebody is buying these shares. Huge trades are being bought up. Watch for the bid to show up then we are off to the races, but no matter what, a triple is achievable.
Valiant Eagle Inc. (OTC: PSRU) CEO, Xavier Mitchell, Unveils Insightful Follow-up Letter to Shareholders
Press Release | 01/23/2024
Dear Valiant Eagle Inc. Stakeholders,
As we bid farewell to 2023, reflecting on the past year fills me with gratitude for the incredible journey we've undertaken together. Both on a personal and professional level, this year has been nothing short of riveting, marked by significant growth and invaluable lessons.
Navigating the responsibilities of a Chief Executive Officer has been a transformative experience. In the pursuit of leadership excellence, I discovered that being adaptable and resilient are not just desirable traits but imperative qualities. The dynamic nature of our industry demands not only a visionary leader but also someone who can swiftly adapt to change and steer the company towards success.
One of the highlights of the year was the humbling recognition bestowed upon me�the Lifetime Achievement Award from President Joe Biden. This prestigious acknowledgment is not just a personal achievement but a testament to the collective efforts of the entire Valiant Eagle family. Our commitment to community service and corporate leadership, particularly in the media, gaming, and sports sectors, has not only garnered attention but has left a lasting impact.
Leading a publicly traded corporation with 12 subsidiaries, our influence extends far beyond the boundaries of the business sector.Top of Form
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Valiant Eagle, under my stewardship, has played a crucial role with a special emphasis on creating opportunities for homeless veterans and those affected by the pandemic. This commitment to social responsibility was further recognized through the initiatives of San Diego Community Assist (SDCA), an organization I am proud to have founded.
SDCA, driven by my strategic vision, has been a force for positive change. From addressing homelessness to enhancing education, providing employment support, and fostering community-law enforcement relations to decrease crime, SDCA has become a beacon of hope. Our mission, anchored in a comprehensive effort to elevate the quality of life, emphasizes housing solutions and employment for veterans, minorities, and the unemployed.
As we enter the new year, Valiant Eagle is poised for success in the media, gaming, sports, and entertainment sectors. We've entered into strategic partnerships that position us for significant market expansion. These collaborations will open new avenues for growth and enhance our competitive edge. Our unwavering commitment to excellence, innovation, and social responsibility positions us as a leader in the industry. I am confident that our collective efforts will continue to drive our success and make a lasting impact on the communities we serve.
I extend my sincere gratitude to each and every stakeholder in the Valiant Eagle family for your dedication and hard work. Together, let us embrace the opportunities that lie ahead in 2024 and continue to soar to new heights.
Reflecting on the multifaceted role of a CEO at Valiant Eagle, I have dedicated this year to steering our company towards long-term success and enhanced shareholder value. Here are some key facets that have been at the forefront of our efforts:
Strategic Vision and Leadership:
Developing and communicating a clear and compelling vision for the company's future.
Providing strong leadership to inspire and motivate employees, fostering a positive and high-performance culture.
Financial Performance:
Ensuring sustainable revenue growth and profitability.
Implementing effective cost management strategies.
Developing a strategy to maximize shareholder value through dividend payments and share buybacks when appropriate.
Corporate Governance:
Upholding high standards of corporate governance and ethics.
Ensuring transparency in financial reporting and compliance with regulatory requirements.
Fostering a culture of accountability and responsible business practices.
Talent Management:
Attracting and retaining top talent.
Developing leadership pipelines and succession plans.
Fostering a diverse and inclusive workplace.
To expand key relationships and corporate synergies, we have entered into a partnership with Dr. Lance McCarthy, an accomplished financial leader. Dr. McCarthy's role includes providing strategic financial guidance, leveraging his extensive network, and actively participating in key decision-making processes. His expertise is pivotal in making key introductions to access capital, enabling the company to scale and expand effectively. Dr. McCarthy has been key in orchestrating meetings and facilitating material transactions for the company. His influence has led us to several key opportunities which will enhance the bottom line performance of the company.
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Welcoming HRH Prince Gharios El Chemor of Ghassan as the Head of International Relations and Strategic Partnerships further strengthens our global presence. With connections in over 50 countries, including two royal families, Prince Gharios brings invaluable international experience and insight to our expansion efforts. Part of Prince Gharios� duties includes introducing our organization to his network overseas. Additionally, he will be involved in the development of properties suitable for the international market. We have already initiated the development of a version of Fists of Fury suitable for the Middle East, as well as one tailored for the Chinese market
Valiant Eagle has entered into an investment banking agreement with a prominent Finra-registered Wall Street firm to enhance our acquisition strategy and secure capital. This strategic partnership is geared towards uplisting our company to NASDAQ, with a comprehensive plan to raise up to $100 million for media and entertainment acquisitions and investments. The company is fully committed to meeting reasonable and achievable terms and conditions outlined in that agreement. We have initiated discussions and negotiations with potential business sellers, aligning with the criteria established by the bank. Upon the completion of these acquisitions, our market capitalization is projected to surpass $200 million, enabling us to fulfill a critical criteria necessary for uplisting.
We have reduced our convertible debt. Pursuant to our last filing with OTC Markets Group for the period ending September 30, 2023, we had two entities that held notes of which only one remains. We expect them to be finished converting their debt within the next few weeks. This explains the increase in the issued and outstanding share count. However, as previously mentioned, we are not entertaining a reverse split.
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PROVIDENCE FILM GROUP
Providence has been very active in 2023. There has been significant activity that has allowed us to position ourselves as a prominent contender in the film and television industry. As we've completed production on projects and developed others, we have strengthened our presence. 2024 is poised to be our most financially successful year in our journey.
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As we reflect on the remarkable strides made by Providence Film Group (PFG) throughout this year, I am pleased to share the highlights of our achievements and endeavors. Please be aware that the following includes forward-looking statements.
Strategic Partnerships: Among our many endeavors this year, PFG sealed a strategic deal with Advantage Video Systems (AVS), a prominent company with a stellar portfolio of clients including Disney, NBC, and FOX. We anticipate that this partnership will play a crucial role in mitigating costs on all of our television and film productions. AVS has a stellar portfolio of over 250 television stations nationwide and a client roster that includes industry giants such as Disney, NBC, Universal, FOX, NFL, AT&T, American Film Institute, Company 3, RedFoo, Macy Gray, U2, Crystal Cathedral Church, TV Guide, the Dalai Lama, and more. This partnership will see PFG and AVS working together on a minimum of five upcoming audiovisual projects. The specific terms and conditions for each project will be negotiated at a later date to ensure the best possible outcomes for both companies.
Film Development: We are excited to announce the commencement of the massive reboot of DC Comics' "Swamp Thing." Originating in 1971, the 1982 American superhero horror film, directed by Wes Craven, is set for a fresh take. While the script is in development, we anticipate the storyline to take a very unique slant on the original project.
In addition, we are actively working on rebooting the iconic film "Fists of Fury" (also known as "The Big Boss"), originally released in 1971. With the working title "Fists of Fury: Johnny Too Bad," under the direction of Damian Lee, the reboot aims to capture the spirit of the original and make a significant impact in the cinematic world. We anticipate budgets of $30,000,000 for each film.
Alongside Swamp Thing and Fists of Fury, our film slate is exceptionally diverse. From our captivating George Michael biopic to the thrilling saga of US and Russian astronauts in a gripping race to the moon, we offer a wide array of film experiences that will soon grace both the box office and streaming platforms. Our production slate remains vibrant and robust, with an assortment of projects at every stage of development.
Distribution Success: We are delighted to share that several of our titles, including Going Beyond Story, Harlem Tigerman, Opportunity Knocks, and Stand Up For California, have been picked up for distribution by channels such as Demo - Ganjing World, Zvoid, Future Today, Discovered, and Cineverse to name a few. This success is expected to contribute significantly to our revenue stream this year.
Docuseries and Reality Shows: The captivating docuseries "Talk Dental to Me," funded by Biolase (NASDAQ: BIOL), has successfully concluded six episodes and is currently in the process of being presented to major companies for distribution. We are optimistic about securing an acquisition from a prominent network, which is likely to result in the order of additional episodes. Building on the success of Season 1, we foresee the network expressing interest in commissioning Season 2 as well.
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Additionally, the pilot for the highly anticipated singing competition reality show, "Ambush Karaoke," produced and directed by Paula Abdul and industry veteran Ron DeShay, is completed and poised for sale to major networks like FOX. We are set to take meetings January and February 2024 for an acquisition.
Documentary and Horror Film: Our feature documentary about playground basketball, tentatively titled Fathers of the Sport � the series, has been repurposed as a six-episode series inspired by Michael Jordan's "Last Dance." The horror film "The Knock" is expected to conclude post-production by early February, with a winter release slated.
Challenges and Triumphs: Projects with New Republic Pictures, including "Zelda" and "Wild Geese," faced challenges due to political circumstances. The lead investor's ties to Russia prompted Paramount to sever connections, requiring New Republic to secure a new major investment partner. We are happy to state we anticipate the entering development and preproduction Quarter 2 of 2024. We believe a buyback from the proceeds from Zelda will reduce the issued and outstanding significantly.
EB5 Program
In 2021, we entered into a strategic agreement with EB5AN to sponsor our film slate for funding through the EB5 Visa program. Regrettably, due to the challenges posed by the COVID-19 pandemic and the subsequent changes in administration, the program faced delays. However, I am pleased to announce that we have now obtained full approval to engage foreign investors for EB5 funding, specifically directed towards our compelling slate of films.
We are actively engaging in discussions with potential foreign investors to facilitate funding into our film slate fund. The projected total raise for this initiative is approximately $20 million, a sum that will be instrumental in bringing 15-20 exceptional projects to life.
This renewed venture signifies not only an opportunity for financial growth but also a testament to our resilience in navigating external challenges. As we move forward, we remain committed to leveraging the EB5 program to its fullest potential, fostering collaboration with international investors to contribute significantly to the success of our film endeavors.
VE GAMING
It brings me great pleasure to present a comprehensive summary of VE Gaming's remarkable journey, highlighting unprecedented growth and strategic initiatives that have positioned us for even greater success in the gaming industry.
Since our inception, VE Gaming has experienced exponential growth, establishing itself as a key player in the dynamic and competitive gaming landscape. Our commitment to delivering top-notch gaming experiences, fostering community engagement, and embracing innovation has been the driving force behind our remarkable ascent.
Flagship Game: Roo Awakening
We proudly unveiled the playable demo for our highly anticipated flagship video game, Roo Awakening. This groundbreaking title is poised to revolutionize the gaming landscape, debuting spectacularly on Web 3 and transcending all gaming platforms. The global video game market, valued at $175 billion in 2021, underscores the industry's remarkable growth and potential.
Roo Awakening promises players an immersive storyline, delivering an unparalleled gaming experience that seamlessly blends elements of strategy, survival, and adventure. More than just a game, it represents an epic journey of redemption, strength, and the unyielding spirit of a species refusing to be forgotten.
Monetization Strategies
To ensure the success of Roo Awakening and enhance shareholder value, VE Gaming is implementing a range of diversified monetization strategies:
Game Sales: Offering both physical and digital copies through retail stores and major online platforms like Steam, PlayStation Store, Xbox Store, and Nintendo eShop.
In-App Purchases (IAP) and Microtransactions: Enhancing the gaming experience with virtual goods, currency, and items available for purchase within the game.
Subscription Models: Providing access to a library of captivating titles through subscription services, similar to platforms like Xbox Game Pass and PlayStation Now.
Downloadable Content (DLCs): Expanding the game universe with additional downloadable content, enriching players' experiences.
Ad Revenue: Generating revenue through in-game advertisements, particularly in the free-to-play gaming model.
Landmark Agreement with the American Basketball Association (ABA)
In a significant achievement, VE Gaming signed a license agreement with the American Basketball Association, securing the right to create an officially-licensed ABA video game. As the global video game market is projected to reach $583.69 billion by 2030, this move positions VE Gaming to elevate the gaming experience for NBA enthusiasts. The licensed game, styled after "NBA 2K," will feature ABA teams, players, and related content, with profit-sharing terms outlined in the agreement.
The signing of a license agreement between VE Gaming and the American Basketball Association (ABA) represents a significant milestone for VE Gaming, carrying positive financial implications. This strategic move has several noteworthy aspects:
Associating with the ABA, a prominent basketball association, enhances VE Gaming's brand recognition and credibility. It aligns them with a well-established sports entity, potentially attracting a wider audience.
The synergy between VE Gaming and the ABA creates a mutually beneficial partnership. VE Gaming gains access to the ABA's rich history, teams, and players, while the ABA benefits from exposure in the gaming community.
The inclusion of profit-sharing terms in the license agreement signifies a collaborative approach. VE Gaming and the ABA will likely share the financial success of the video game, fostering a long-term and mutually rewarding partnership.
Monetization strategies, such as in-game purchases and downloadable content featuring ABA teams and players, provide additional revenue streams. This could lead to sustained profitability as the gaming community invests in enhancing their gaming experience.
The creation of an officially-licensed ABA video game allows VE Gaming to cater specifically to NBA enthusiasts. This targeted approach enhances the gaming experience for fans who can now immerse themselves in a virtual world featuring ABA teams and players.
In summary, VE Gaming's license agreement with the ABA is a strategic move that not only positions them in a rapidly growing market but also opens avenues for revenue generation, brand elevation, and an enhanced gaming experience for NBA enthusiasts. The profit-sharing terms and synergies between the gaming and sports industries contribute to the overall positive financial outlook for VE Gaming.
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Other Games and Plans
In addition to Roo Awakening, our development pipeline includes exciting titles such as Rabbit Race, Gator Guise, Unicorn Fart Race, and Fists of Fury. Anticipate playable demos for each game, with varying release dates for the full versions.
Moreover, VE Gaming is actively pursuing the acquisition of existing games and gaming portfolios, a strategic move to diversify revenue streams and fortify our position in the gaming industry.
In line with our vision to elevate VE Gaming to new heights, we are excited to announce the initiation of several strategic acquisitions. These carefully curated partnerships are poised to not only enhance our company's valuation but also fortify our position as a leader in the gaming sector. Each acquisition has been meticulously chosen to complement our existing strengths, expand our portfolio, and tap into emerging markets. These acquisitions are not just about expansion; they are strategic moves aimed at boosting our valuation and creating diversified revenue streams. VE Gaming is poised to harness synergies across these new ventures, unlocking unprecedented value and contributing to our overall financial robustness.
ABA Canada
In 2023, our focus has been on assembling a talented team and forming strategic alliances crucial for the successful launch of ABA Canada. We have also finalized the markets in which we will offer territories. Aligning ourselves with key partners will be instrumental in the success of this ambitious undertaking.
Strategic Roadmap: A comprehensive roadmap has been developed to guide our journey. This plan outlines the critical areas of focus and the steps necessary for the establishment and growth of ABA Canada.
Key Initiatives:
Market Research: Conducting extensive market research is underway to understand the Canadian sports landscape, basketball fan demographics, and regional preferences. Identifying potential fan bases, sponsors, and media partners is a crucial step in tailoring our approach to the unique Canadian market.
Business Plan: A robust business plan is in development, encompassing the league's structure, revenue streams, marketing strategy, and financial projections. Clear definition of our unique selling points and value proposition will set the foundation for ABA Canada's success.
Legal and Regulatory Compliance: Understanding and complying with all legal and regulatory requirements for establishing and operating a professional sports league in Canada is a top priority. Building strong relationships with relevant sports governing bodies and authorities is essential for a smooth operation.
Team Selection and Franchise Model: Determining the number of teams, their locations, and the franchise model is a critical step. Attracting reputable ownership groups that meet financial and operational criteria will contribute to the league's credibility.
Player Recruitment and Development: A player recruitment strategy is being developed to attract top talent to the league. Partnerships with local basketball programs and colleges will support player development and foster a robust talent pool.
Venue Selection: Efforts are underway to secure suitable venues for games, ensuring they meet professional standards and are accessible to fans. Future considerations for expansion and venue upgrades are being taken into account.
Broadcasting and Media Rights: Negotiating broadcasting and media rights deals to maximize exposure for the league is a key objective. Leveraging digital platforms and social media will be essential to engage a broader audience.
Sponsorship and Partnerships: Attracting corporate sponsorships and establishing partnerships with local businesses are crucial to enhancing revenue streams. Building mutually beneficial relationships with brands aligned with the league's values is a priority.
Marketing and Promotion: A robust marketing strategy is in development to create awareness and generate excitement about ABA Canada. Utilizing various channels, including social media, traditional media, and grassroots initiatives, will help reach a wide audience.
Fan Engagement: Initiatives such as events, promotions, and fan clubs are being planned to build a loyal and passionate fan base. An interactive online presence will be established to connect with fans and gather valuable feedback.
Game Day Experience: Enhancing the overall game day experience for fans is a focus, including halftime shows, entertainment, and promotional activities. Fan-friendly policies and amenities at venues will contribute to a positive experience.
Player Welfare and Community Outreach: Prioritizing player welfare, health, and safety protocols is paramount. Engaging in community outreach programs will build a positive image for the league and its players.
Technology Integration: Embracing technology for data analytics, fan engagement apps, and improving the overall viewing experience is on the agenda. Implementing instant replay systems and other innovations will enhance the quality of the game.
Financial Sustainability: Implementing sound financial management practices is crucial for the long-term sustainability of ABA Canada. Diversifying revenue streams and creating contingency plans for unforeseen challenges will contribute to financial stability.
VE Publishing
I am delighted to share a momentous announcement with you all. Valiant Eagle Inc has taken a bold leap into the realm of literary ventures with the establishment of our new subsidiary, VE Publishing. Specializing in book publishing, VE Publishing is poised to make a significant impact in the literary industry.
In a strategic move, Valiant Eagle Inc has successfully secured the rights to over 10 promising literary properties, including Retail Villains, Gator Guise, The Bow and the Arrow: A Metaphor for Relationships, and several others underscoring our dedication to curating a diverse and compelling portfolio. This venture represents a noteworthy expansion of our business into the captivating world of storytelling and creative expression.
With a robust foundation and a collection of captivating titles, we are enthusiastic about the potential of VE Publishing. Our optimism extends beyond establishing a presence in the publishing landscape; we foresee this venture contributing significantly to Valiant Eagle Inc's overall revenue stream. The company eagerly anticipates the promising future of this new venture, with the aspiration of delivering engaging and thought-provoking content to readers around the world.
Franchise X Entertainment
It is with immense pride and excitement that we share the remarkable achievements and milestones accomplished by Franchise X Entertainment. Throughout 2023, our dedicated team has tirelessly worked to elevate our brand, enhance our offerings, and, most importantly, deliver unparalleled entertainment experiences to our valued audience.
One standout success of the year was the exceptional performance of Notchoaziz and his latest single, "That's Enough." In its debut week, the single surpassed an impressive 20,000 streams on Spotify alone, a testament to the artist's talent and the unwavering support of our incredible fan base. This achievement underscores our commitment to nurturing and promoting exceptional talent within the Franchise X family.
Furthermore, we are delighted to announce the release of Belle Aire's electrifying single, "Vogue." This release not only captivated audiences but also marked a significant milestone in Belle Aire's career, as she secured a promising deal with Sony Orchard. The collaboration with the renowned supermodel Beverly Peele for the remix of "Vogue" adds an exciting dimension to this project, exemplifying our dedication to fostering unique and groundbreaking collaborations in the entertainment industry.
Looking ahead to 2024, we are thrilled to share that Franchise X Entertainment has some truly game-changing announcements and projects in the pipeline. We are committed to pushing the boundaries of creativity, innovation, and entertainment excellence.
ACQUISITIONS
In our unwavering commitment to scaling our company, we are actively pursuing strategic acquisitions in key sectors such as AI, gaming, and intellectual property. The meticulous identification and targeting of potential companies align with our vision for robust expansion. Throughout 2023, we anticipate finalizing several acquisitions that will not only enrich our asset portfolio but also significantly contribute to the growth of our existing subsidiaries under our control.
Recognizing the paramount importance of governance and leadership, we are concurrently directing our focus towards establishing a formidable and reputable Board of Directors. Simultaneously, we are dedicated to augmenting our C-suite team, ensuring a well-rounded and capable leadership that will drive the company's success in these dynamic industries. This multifaceted approach underscores our steadfast commitment to positioning the company for sustained growth and success in the coming year and beyond.
Forward-Looking Statements:
In the coming year, we are dedicated to maintaining effective communication with our shareholders, analysts, and other stakeholders, providing timely and accurate information about the company's performance and strategy. I'm also excited to announce that we are returning value to our shareholders through increased dividends and share buybacks. This reflects our confidence in the company's financial health and commitment to delivering shareholder value.
Additionally, our commitment extends to fostering a culture of innovation and adaptability, ensuring that we stay competitive in the market. We will remain vigilant, keeping abreast of industry trends and technological advancements, and adapting our strategy to meet the challenges and opportunities presented by changing market conditions.
Furthermore, we will actively evaluate potential mergers and acquisitions (M&A) opportunities that align with our strategic objectives. Our focus will be on executing M&A transactions effectively, carefully considering risks and benefits to maximize value for our stakeholders.
Conclusion
We firmly believe that a company's success is intricately tied to its commitment to acting in the best interests of all stakeholders�employees, customers, communities, partners, and shareholders. This holistic approach serves as the foundation for our continued growth and prosperity.
To our valued shareholders and everyone engaging with this letter, we extend our gratitude for your unwavering support. The remarkable achievements and resilience demonstrated by our team, particularly amid the challenges posed by a global pandemic that significantly impacted numerous industries, showcase the strength of our collective efforts.
Your support is the driving force behind our accomplishments, and as we navigate the ever-evolving business landscape, we remain steadfast in our commitment to delivering value. We are optimistic about the future and look forward to sharing further updates on our progress in my next letter.
Thank you once again for your support, and we look forward to a promising future together.
Lofty Goals to say the least
Correct! It is all in the volume.
I've seen worst, but what the heck. Even BS sometimes get another chance. Took a position. lol
Treat this one like a slot machine while waiting for your luggage at the Las Vegas airport.
Have a good day
varok
Good Afternoon,
After watching the tape this afternoon, I can clearly see what is going on.
First the company mentioned in their A-1 about 500m share to go to interested buyers at .001. Then you have the note which I believe now that they may want this note out of the way or reduced.
Still not concerned and still believe very much in the new brand that I believe coming and I will say any day. It may be a day or week, but it is coming.
I also now feel that the growth of the share structure will move towards just under 1B. I'm saying this since the dilutive factor needs volume and that is what this concerted effort is all about. They can never move shares onto the market with low volume as this would take forever and is an attempt to increase the daily volume to accommodate the dilutive factor.
The O/S going to, or close to 1B is not a concern, but it does allow for much needed liquidity for a TECH growth company moving forward. This may also play a part on what's going on.
May be that the note holder wanted out seems the likely scenario.
Stay tuned it will get better I'm certain about this and very positive the eventual outcome.
Take advantage of the dips, because pennyland is coming.
Have a good day
varok
Correct. We need the churning on the way up so we can achieve higher highs. It is called building support. A healthy way to move.
If the holders agree on the signoff. It may get rewritten, but it is in their right which way it will go. The company could implement closure by buying out the holders. Of course, this would incur additional equity type financing. These issues become parlor games in negotiations.
With TKMO being a wholly owned company of BCNN and rev generating, it is important for BCNN to merge. The company is in a very capital oriented environment -TECH. The need to go public is for capital expansion where otherwise would almost be almost impossible to raise the investment capital needed for expansion if they didn't go public. They want this.
Well, they did mention that, but they had to refile in OCT 2023 due to the court issue that was looming over the issue and was satisfied by both parties in September 2023. They mentioned this in a A-1 filing in September. I know that FINRA would never have looked at or approve the symbol change before this was taken care of first and it has according to mentioned filing. So, we are good to go, and I can assure that this will happen any day now.
AS well any noteholders and other financial partners that have an interest in BCNN also have to sign off on the merger.
I have written about this in one of my previous posts.
Have a good day,
varok
Good morning,
We are churning very nicely and what is needed to nudge ahead and maintain support, which will be at .0013.
At .0014 our MC is $679k. Man! Is this undervalued or what? It's unbelievable, but not unexplainable.. See, we are in a dormant stage. We are waiting for symbol/name change and when this happens all hell will breakout. I'm going to change my target from .005 to .01 and this will materialize by the end of the 2nd quarter.
The company (TKMO) projected by the end of 2024 our rev will be around $5m. Now, if this becomes a reality, our MC at that time with probably be, 500m O/S +MC of $5m is a share price of .01. So, in very radiational thinking this is very achievable, but forget about the projection to .01 share price just consider every tick between .005 to .01 is a target. Now you may think this is out in far reach, but what is current within a 2–3-week period, we should be at .003 to .005 and this is a MC at .003 =MC of $1.5 to $2.5 at .005.
All we need now is the marriage license.
Have a good day,
varok
Just got back. Looking real good.
Have a good day
varok
I agree.
Well, where would he sit. He is going to do what MMs do and that is play on emotion. We closed yesterday at .0009 and he will open at .0009 and work one tick at a time until the pressure increases.
Well that only means they have nothing to say or release and besides it would be mundane to just release before the name/symbol change which they have no control. They filed and it's in FINRA's purview.
Even the company is in the waiting mode and many companies operate in the silent period before things become active. I believe we are in this period.
Have a good day.
varok
Good morning,
Yes, that is correct on the note not the bear.
However, it is an announcement that will chew those shares up rather quickly. Remember, shares just can't be dumped, it follows certain SEC requirements, % dictates volume = convert. So far, we haven't had the volume, so it becomes extremely difficult to move those shares into the market. I believe that the announced name/symbol change will disseminate those shares into the retail market. But it has to come with news, or we will sit here for 10 years. lol
With the right timing and news, those shares will move rather quickly, and the note holder knows this as well as the company and why before anything else news will dictate the convert resolve.
Have a good day.
varok
My theory on BLAS and our new entity TKMO
When a Market Maker that generally isn't a market participant and shows up with respect to BCNN, who is going through a transformation, usually has a connection whether it's the sponsor or a large holder of a note that is aligned with the company directly or through an institution and holds securities, comes into the field of play. In this case, due to upcoming name and symbol change, will become a market maker and make a market. it will be and believe it is some dilution.
Either way, it is a Market Maker that is new and since we have been trading on very low volume for the last few weeks, like being in limbo, while waiting for the actual event, then this Market Maker who hasn't been around, now shows up. In my opinion is a very good sign that we are about to get back in regular order.
Now, there is a possibility that the company earlier did mention that they have up for sale to interested buyers 500m shares at .001 and I also believe this institution BLAS is a buyer and looking over the last couple of sessions and today we dipped to .0009 with no volume to speak of, but .001 one tick away appears this may be the start of this buy and BLAS being an institution may very well exercise the option which is very good. They may have a large holder and that denotes a participant in the know.
During my days with M/A makes me feel this may be the start of the new company with major interests.
This is a very good event and looking forward to what will actually come about and feel we are on our way.
Have a good day
varok
BLAS showing up.
https://www.sanblassecurities.com/about
Is meaning that we may get our announcement shortly to play into the run. In other words, something is about to happen.
They are players and usually parallel with news or events. Holders of a large player or company sponsor.
Have a good day
varok
Good morning,
We are churning on resistance at .0009 and this is a good thing. The post below provided by BA has huge potential and very positive to say the least. However, the update indicated meetings for this week has sent a mild shock into the momentum, which this issue is all about.
'Tonner-One World Holdings, Inc. 3.0
@TonnerOWInc
$TONR CEO Update: My team will meet with AI & digital tech firms this week as we narrow down potential partnerships or mergers. Fully committed to merging with an AI provider; it's the optimal path forward. Stay tuned for progress updates. #BusinessNews #MergerUpdate #TONRArmy
10:03 AM · Jan 22, 2024'
Consider this as a point to average in and for fence sitters is a good entry under .001. Take advantage on these pullbacks. It will get better as we move into the week.
Expect target .0013.
We move forward as we are churning out the .0007 and .0008, due to this and profit takers taking from lower .0006 feel emotional. The run will happen, and impatience has taken over the trading session for this Monday. Resistance .0009 will be our holding pattern, possibly .001 for a nice close, but the volume will be nil on .001 until further announcements.
Have a good day.
varok
Good Saturday morning,
The momentum for TONR is on call for a major breakout for the week coming. Why is this?
There are a couple of reasons and one being, probably the most important is the Momentum concept. Momentum is the chief driver in the penny arcade regardless of business model or share structure. Now with that said, the share structure for TONR is maxed out on both levels. A/S is 7B and O/S is 6B. Forget the share structure for the moment and just follow the momentum and why.
When momentum peeders out, then and only then is when share structure becomes the actual focus point, but this will come into play well beyond momentum and will be cause for concern. When we have all left and taken our profits, this issue and the business model will determine the direction for TONER. No worries about this in the coming next 2 weeks.
No matter where this issue goes from here, it will always drift back to real math and not the hyperboles that are disseminated throughout message forums. The only thing that matters is O/S verse MC. And this only matters after momentum. To be realistic. Let's say momentum sends this issue to .005, this equates to a MC of $38m, although this not in the realm of going there within the next 2 weeks. However, the sustainability of .005 will never hold and ultimately, as with most runs that are parabolic, will return or drift down to more rational and solid share price that determines the real business model that correlates to ROI. We do not have that here and only time will determine this. So, we have momentum, and this is the play.
Friday was a good day. We have had strong churning in the .0008 range that took out many bottom feeders and dipping to .0006 allowed us to realize firsthand that .0006 is a hard support area and resistance of .0009, which I believe, we will go through pretty much with ease in coming week. A great sign for higher highs.
Much depends on a catalyst from the company and the 8-K in the coming week will determine and other tidbits will certainly play into this next run above .001, which I feel we will break on Monday in the early morning. Momentum is the driving force with this issue and that always brings in the behavioral patterns of your traders that take profits at points of 3-5 clicks. The catalyst will dictate the run, but remember, the pullbacks are equally as well a major prevailing wind that will play on your emotion. It is here where the professional traders know how to navigate within the turbulence of the penny arcade. Remember the 3-Day Rule.
I see a high for Monday-Tuesday .0013
See you on the trading floor on Monday.
Have a good day.
varok
The churning on .0008 is extremely positive and is very indicative that this issue is going higher and very well could close at .001+. The churning at .0008 was an absolute must for us moving higher and took out the bottom feeders below .0006.
Next week will be looked upon as a solid base and if we get any announcement certainly will give us new highs. So far very promising indeed.
See you on the trading floor Monday.
Have a good day
varok
I can see .001.
Momentum is working in our favor and a good level. Many have already taken profit at .0005 so we should reach new highs. With new support, however resistance will be .001, unless something major gets released from the company and will go much higher. A catalyst is the key after today's session.
Have a good day
varok
Good morning
Momentum is going to carry this issue. There will be a spike on the open and the chase will begin.
If you are considering an entry, watch this on the first 15min at the open and wait for the morning lull, at around 10:30 to 11:30am for a more opportune entry.
All momentum trades fall back for consolidation. You need the churning on this one. Take profit before today's close because Monday will be a major shift.
Have a good day
varok
I agree with everything you have stated in this fine post. I came out of the M/A with 10 years around 2000. The movement on shells within the marriage is accurate as you have mentioned. As well, when the DC morons decided to mess with their arrogant so-called solutions to their madness upset the total apple cart and what we see is an imbalance for upcoming small business and the inexpensive entry into the public trading venue became a real sore point with many. Well said.
We are getting close. Any day!
Have a good day
varok
Got out just in time. Caught wind of this and didn't want to stay. Been a good day.
My target of $! by end of week is no longer rational.
My instincts worked on this round.
Have a good day
varok
Walked (.14) into this one at the open, not too sure what to expect, but now appears this is one phenomenal run and I predict we will see a $1 by the end of this week. Later on, in the morning, saw coverage on FBC, then I knew I picked the right time.
Why i say this is very simple. The buys and profit taker sells are being gobbled up in an instance. In other words, we are churning rather nicely.
Have a good day
varok
Remember this PR from May 17 2024.
TEKUMO ANNOUNCES STRATEGIC PARTNERSHIP WITH LEADING IT MANAGED SERVICES PROVIDER
Press Release | 05/17/2023
NEW YORK, May 17, 2023 (GLOBE NEWSWIRE) -- Balincan USA Inc. ("Balincan" or the "Company") and Tekumo announces a partnership with the largest third-party Managed Services provider to the Retail Industry. They support IT store technology in enterprise retailers, including Top 10 North American retailers, in thousands of retail locations nationwide.
The name/symbol has to be in place before they can announce this. Interesting isn't it. Hmmm
Going to be a great week.
Good Monday Afternoon
I understand some impatience is settling in and a few continue with various reasons why that may be. Asking why aren't we running with other penny stocks?
First and foremost, you can't equate one penny stock from another and expect an answer. Every penny stock has its own particulars and runs on its own individual timelines.
All penny stocks first run on momentum, and this is created from pressure on traders moving in and out in herd mentality. Welcome to financial forums that contribute largely to this great venue in trading within penny arcade. Do not follow the herd unless you're in at the right and very optimum entry. Too many traders it seems to enter within a going run, but an entry that has already maximized the based-on momentum that flushes out because of anxiety, emotion and temperament the need to get in. Most folks lose and with the strong emotion to get onboard only to fall victim to the falling knife scenario. The 3-day Run.
Ask yourself why you are here.
* You are on board before the great run.
* Your holding is on the floor level and that my fellow traders are where you want to be, before the herd. The latter will come, they always do. This will set up the momentum.
* We are in a position with a brand-new company with solid financials.
Why we are going to make it in the foreseeable future (the next 6 months).
I expect the name change and new symbol any day now. I have given my reason why and really believe with all the impatience; it will pay off.
I have written many articles on trading in the penny arcade and feel this one article that I wrote back in 2000, is proper in the current realm of TKMO and how to play this great penny stock.
* The 3-day run........
3 DAY RUN-UP TRADING
Why not to buy a Stock after a 3-day run-up.
Here is a usual scenario on how this may come about.
After a stock has been trending down or trading flat for some time, suddenly one day it starts moving up, it continues up that day and then next day. On the 3 day of this run, it goes up, but for only the first 15- 20 minutes, then it drops for about 30 minutes, turns back up, but doesn't quite reach the morning high. After this period, it usually will trend down, and the run is over and in most cases this stock has finished it's 3 day run.
This program will work in most cases and does apply.
So, if you're a buyer, this method will keep you from getting Emotional into buying a stock that has ready peaked, only to drop right after you bought it and I'm sure, many of you had this happen when buying stocks. This is what is referred to as " Chasing an Issue". If you already own it, it gives you the timing to get out with usually the best profit or close to it. Whichever case applies, decide whether you want to buy it only after the drop. Depending on the stock, it can drop for a few days, and may take some time until the next 3-day advance. Be assured, that in pennies, this has been repeated over and over again with many of the same issues. This is what you have a "Watch list for" to track issues.
The rule here is simply to let you know it is over for now.
The next time someone mentions a stock, look at a chart and see how many days it has been going up. If it's not the first day or maybe second day of the run-up, stay away for the time being. In the first 15-20 minutes after the open of the 3rd day, the issue will usually drop or in most cases just stall...Now of course you must determine this by seeing if a PR and the strength of such PR warrant further advancement, but from the history of most penny stocks, these PRs only have a very short run span.
Although, the system is not perfect it does help in timing.
Sometimes a stock continues up until 20 minutes after the open of the 4th day before it drops. Selling your stock 15-20 minutes after the open of the 3rd day of the run-up is usually the high or close enough to it. You will go broke trying to find the exact top or chase into a run, forget about it and leave your emotions out of the trade. It is in this segment that Greed usually plays on your Emotions and Anxiety. Play the 3 P's.
And how does this help in buying?
Well, that is a little more difficult, but the system does work. It is mainly there to protect you from being a "Stock Chaser". But the system will work, and you must apply discipline.
Go to any stock website and look up a few stocks that are up....
Jot them down...I only do this with OTCBB market stocks but does work on most issues.
Next, I take my stock picks and go to any chart site to look at a 5-day history. The 5 days gives you a nice feel of the trading chart of the last 5 days. Notice why the 5 days compared to the 3 days. This is so you will see the up or down on the 2 extra days and can avoid the pick. Look to see if it is the first day of the run-up. If it is the second or third day on an upswing, forget about it, since the above method has completed their run on these stocks, and you will be only buying into a run or when it is reading to peak.
If I have any choices left, then go to a chart to see a 1 year and a 30-day chart to get a feel of what the stock has been doing. Keep in mind that the past is no bearing on what a stock will do in the future, but it will give you an idea...This also helps in determining what if any reason for volume and price spikes or drops. Some chart sites allow your cursor to move along the graph for pertinent data with actual numbers.
My last stop is always the message boards, and my favorite was RB, but now I go to iHub and there are others. It is here where you can get a really good idea why there is interest or reason for lack of. I don't rely so much on what is said on message boards and ever react on my decision to buy or sell. However, these boards do give you a sense on what others are thinking and many will go above and beyond to gather up DD.
After you have made your picks on which ones to buy, I have found that mid-afternoon is always an excellent time because of lunch and the morning rush has calmed down. The mid-afternoon session is slow before a strong rally that many times comes before a close. I have found mid-mornings are also good for buying, but still leaves many with high expectations that moves a stock for no other reason than emotional buys and it is this play that you want to stay away from.
Now stay on top of your picks and see if the next day it has moved up and determine the volume. Determine if the highs are higher than the close and higher than the highs of the previous day.
On the third day, I sell it 15 to 20 minutes after the open to take advantage of the morning gap. That's pretty much it.......If your inclined to trade the same issues again, wait for the next above program cycle.
Not all stocks go up for 3 days. Some just flatten out and when this happens, just get rid of it after about 15-20 min. from the open on the 3rd day. If you fail to exercise this, you will be left with major % loss and may never recover. So, a little loss is much better than an overall wipe-out.
Stocks that suddenly go up and you see there has been almost no volume the days before the sudden rise, this is usually indicative of a sign that a newsletter picked the stock, or it is being pumped or hyped. The lack of previous volume makes the stock spike up.
This 3-day rule is a universal application and to each its own method of how one should conduct such a process.
Good luck and solid trading and as always, apply sound DD, but keep your Emotions and Anxiety out of this arena and trade for profit not greed.
I hope that this will help many to be able to at least maximize profit taking.
We are heading into a new setting in the next couple of days and TKMO is definitely going to get its day as a great penny play. Hang on folks and trade smartly.
Now the chase begins tomorrow but this week is all aboard.
See you on the trading floor tomorrow.
Have a good day
varok