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Valuation question to the board: All genuine responses appreciated.
What is your value, that the stock price should be, based on the following assumptions:
1. Share outstanding increase to 2.5, from 1.3 Billion
2. Revenues of $3Mill per quarter; or $12 Mill for year.
I took last quarter of $2.3 Mill., and added a bit for the govt. contracts and acquisition.
3. Net income of $1Mill per quarter, or $4Mill for the year. Based on recent Q showing 800K; so bumped up a bit, for the items mentioned in number 2.
4. Accumulated earnings, growing from 4.8 currently, to $6mill.
Thank You for your responses
STXG still doing their thing. 10K at 001
Really can't wait for this story to unfold.
One of the most contradictory stories I have been involved in.
Amazing and profitable company, yet consistent selling by one MM over the last couple of months. I still can't fathom any negative dilution, that could have taken place here. As writing this, 001's broke. STXG now at 0011 :)
Wish I could take advantage of the trips.
Very few selective buyers.
The majority, can't or won't buy, till this goes Pink.
Obviously, been a long time. Though filings are up to date, still no attorney letters.
Co. playing games by withholding them, so this can go pink.
IMO, when it finally does go Pink, probably won't be in the trips any longer; especially not in the low trips. Lucky for those who can still grab a few down here
GM ALL:
No one has presented any theories, as to what type of negative dilution, there might have been. There are no convertible notes on the books; or, Co. doesn't have a history of printing shares to raise money. There isn't any large share structure, that might raise a flag for a potential RS; So, I hope the company comes out with a PR, that clarifies what has been going on the last several weeks. Still an additional month, till they are required to post Q2 earnings; Would hate to have to wait that long to see what the scoop is. IMO, I still highly doubt, their has been any major negative dilution; it just wouldn't make sense, with all the positive of the last several months. GLTA
Darn....Let this go trips :).
Seems everyone want to bottom pick :)
Maybe attorney letters over the weekend :).
Hope we see some follow thru action today.
Hitting 8, would be good
Q2 is out, hence a bit of volume. Let's see that attorney letters soon.
Still can't wait to see what type of company this will become.
Once pink, IMO, highly doubt, this will stay in the trips.
Q2 needs to be posted by the 15; that's without asking for an extention.
Can't believe over 3 months have passsed since Q1 was posted, and still no attorney letters. I guess, no guarantees CEO will have them to post, when Q2 is posted.
Too contradictory, to be updated with Q's and annuals; but yet, to withhold the attorney letters. Being a clean shell, not much for an accountant/attorney to review.
Hoping Co. finally does good by all the shareholders, who are stuck, not being able to normally trade this ticker.
IMO: With barely any buying, and some selling at the bid; watch the Panickers start selling and knocking this down to the trips unfortunately. This IMO, would only be deserving of trips, if there was tremendous negative dilution, and the thereafter possibility of a RS. There has only been continuous good news, numbers and potential; So, like all other holders here; I simply am befuddled. Still apx. another 5 weeks, till Co. needs to post Q2 earnings.
Profile verification updated for August, on otcmarkets. Good sign IMO
Sell those 11's! IMO, even if we go trip; which would be crazy, with all the Co. has proven in the positive; would only be scrambling to buy back. Again: Does anyone think we've had major negative dilution, to justify this low price? If so, what would it be due to?
Hoping to see posting of Q2 sometime this week; along with attorney letters.
Except for a day or two; we haven't been able to trade normally for over a year.
Even if a merger or reverse merger isn't in place yet; would be good of management to let this trade normally, as it should already.
Volha not rushing with putting out Q2.
She has till Aug. 15th.
I guess it's 50-50, if she'll have the attorney letters to go in addition.
I'm sure she's well aware, that the ticker can't go Pink, till they are released.
Who knows, what lurks behind.
Still, I wish I could scoop up such low prices....Go Canadians!
Maybe possible for the sister Co., to spin off a part, and reverse merger into here.
Only thing, I can think of
Any educated thoughts, that you think was the negative happening(s); that is trumpping all the good news?
Not sure, how that can be beneficial.
I agree; and of course, emails aren't answered.
This one in particular, is the biggest enigma; all good PR"s, numbers and share structure; but down, as if the Co. had nothing to it, and was diluting with convertible shares, like many other sub pennies. No choice, we will have to wait. Probably, no longer than mid Sept., when Q2 is due.
Shame on the Co., for keeping us in the dark.
Obviously, there are unknowns, that has the stock down so low, with continuous STXG selling pressure. If they want to maintain a good reputation; it's about time that the bad news is revealed.
Jeez...almost 5 mill shs. on the ask.
If anything negative, bring it on already
I've mentioned it a bunch of times.
Unfortunately, until the Co. reveals what it took to make that acquisition from several weeks ago, other alliances; we can't know where the selling is due to, or what the real new share structure is. Difficult to be patient; but more difficult IMO, to find better buying or add opportunities.
13's available again...Unbelievable :).
IMO: Shares being sold, can be for ventures, alliances, etc.
Co. might be selling some unrestricted shs., instead of using cash.
Also allows for the new alliance folks to get shares at a low price; and
see the progression of the Co together. IMO, I'm very confident, that the Co's earnings will continue to grow and be impressive. With some extra patience, this is one with great potential. I'm still searching for others that might look even better....very difficult to find. I added a ton at this level, and will continue to do so. GLTA
STXG still selling and holding down. Co., please reveal all this dilution already.
How bad is it?
Obviously, you haven't looked at the Q1.
The net income numbers showing in the PR, are the Revenue numbers in the Q1.
Net income of course is much lower; after expenses taken out.
Go to otcmarkets.com; choose the disclosure tab, and hit the Q1 to view
Oh well...Not looking like an early Q2 posting.
Co.'s best interest, should be the investors; but, it's always about them and the insiders. Such is the sub penny investor life :). August 15th not too far off though...So, I'll continue being patient.
I emailed the company; but again, very simple, just look at the Q1.
It's been out for a couple of months already. Surprised, the Co. doesn't proof read their PR's, before posting.
It's incorrect. Look at the Q1 financials on otcmarkets
Those amounts are the total revenues
Total agreement; Though, I'm not sure if Co. and people in general have noticed;
The PR shows Net income numbers, when in fact, they are the revenue numbers.
Net income is much less at around $800K. Not sure why Co. had to PR this, when the Q has been out there already for a couple of months. What we need to see is:
how much the govt. contracts were for; and what terms the acquisition was done with. Obviously, there has been selling by the market maker STXG last couple of months; so we need to see what that was due to. OTCmarkets keeps updating each week, and so far there hasn't been any changes to the outstanding shares.
Hoping we get more clarity from the Co., prior to the Q2 posting; which is due by Mid Sept.
Simple....Was nice seeing the Q1 presented in a PR yesterday;
but, we need to see why MM STXG has been selling and pressing the stock last couple of months. We still don't know the terms of the acquisition, and the amounts of the govt. contracts; all announced several weeks ago. Have a feel, that more PR's on the way. At worst, we would need to wait till Q2 is released. IMO, I can't possibly fathom, anything that negative, to justify the stock price and selling last couple of months. Co. has proven, they aren't a dilution machine.
YEP. $FDFT should have it's Q2 out soon. Waiting on attorney letter for it to go Pink.
Should be any time now IMO. No business for it to be in the trips IMO; only canadian accounts can buy in the meantime.
I'm not selling any time soon. IMO, Q2, should blow Q1 away.
Probably other good stuff in the pipe line
STXG now at 19 :).
They keep hanging on :)
Bid at 17 just grew to 4.5 mill...
18's should hit soon
Ridiculous, that this is still trading in the teens IMO.
No doubt, we see a nickle plus down the road.
Thank you MM STXG, for keeping the price low.
Great numbers on sister Co $GGSM;
I'm confident CEO, will get us there as well with this ticker.
Hoping for Q2 posting and Attorney Letter sometime soon
Only Q1 commented on...wait till Q2, which ends in couple of days.
Can't wait to see govt contract numbers
News coming perhaps?...Looking good
As I wrote...15's gone
Hopefully some 15 hits today.