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So I get the feeling you aren't a fan? You say SIGO "seems" like one of these scams. Do you have any proof? Are they not currently occupying 22k square feet? Are they not harvesting their crop? Are they not selling it? Think the tour they are offering is a scam too? Any proof they don't intend on expanding? "Seems" to me like lots of unfound accusations.
Why don't you go on a tour of their facility they are offering Alan? Maybe that will help ease your worries. Dividends at this stage of the game is unheard of unless you think they are scamming that as well. SIGO going to be a monster!
4.4 million os that is going to expand to no more than 7 million. Razor thin!
Dividends going to be paid in September. An OTC paying dividends??
No debt! Just paid off the $300k they owed.
First harvest happening now with $158k in sales.
22k square feet eventually expanding to 750k square feet and extremely transparent on their strategy to do this with projected annual revenue of $200 per square foot which translates into annual revenue of $150 million!
Locking up my shares! SIGO is going to fly! Loading on every opportunity!
Per pr they say that can expand with no more than 7 million in the OS!
I have 4,000 shares with an average price of $1.45. I bought in yesterday and when I saw it tank I got real nervous. However, after reading more and learning more and the pr this morning I feel really good about the potential here.
They released 400,000 shares today and price still went up. A total of 656,985 were traded today so I can only imagine when they aren't releasing the tranches.
Currently, the OS is 4,431,771 and will max out at no more than 7 million. With that comes 750,000 square feet of growth space, no debt and millions in revenue.
SIGO is going to explode!!
Thinking out loud...if Steve just made a video which shows the RADlogo at the bottom and then he tweeted that it would be quite some time before a ticker change takes place then it stands to reason that maybe RAD is going to be operating as it's own division after the merger. Just a guess...any thoughts?
This looks like an interesting play here. I just may buy in Monday.
Well there was certainly some organized dumping happening at almost the same time the last two days. Very suspicious which was why I bailed.
When there were hardly any 5s this morning no one was bidding. I watched it for two days now. When the asks get real thin and no one is hitting the ask, massive amounts are being dumped into the bid. It feels like they were using that pr as a way to dilute. I bought at 5 and got out at 4. Cut my losses.
I really hope I'm wrong and wish you all well here.
Mods!!! Please sticky SkyFullOfStars screen shot of email with GP. This is huge!!!
SkyFullofStars is right Cheds. You should send an email to Mr. Parsons.
Hanks is a smart man. Going to make us share holders rich! Going to build the first refinery in 40 years! Nice!
I don't think there is going to be a name and symbol change...It is being dubbed as an acquisition.
I wouldn't presume a pullback either. With no news I would actually anticipate OMVS climbing to at least .30 by Wednesday, the day before the deadline. With news such as contracts and completion of acquisition, it could easily double or triple its current pps next week and possibly more depending on how good the news is. We already know that, according to Steve, RAD had it's best day ever last Friday.
No worries. The fact that you admitted it tells me you aren't a basher. I appreciate the honesty and hope you are still holding shares.
Is your chart still telling you we are going to .12? This baby is going to be .50 next week!
Didn't want to be left without shares in case of after hour or pre-market news. It's coming!
If any news before market opens she is going to blow. Like I said, news will trump any chart!
How's that chart looking now?
I sincerely doubt it since the acquisition deadline is so close. If anything, I would expect a risk in pps as the deadline draws near. News will always trump a chart analysis.
In their last pr, they said "It is anticipated that the acquisition will close before August 10, 2017." I think it will be any day now.
So you think with merger very possibly happening this week and the tweet Steve made after hours Friday about that being the best day in RAD history that people are going to be selling Monday??? Good luck on your flip.
I personally thought it was decent. My thoughts...
1. OS was 71,739,750 (That is an outstanding OS and as a result, pps can move up exponentially)
2. From February 28th to May 31st assets increased by over 200k. Nice.
3. More confirmation of RAD acquisition happening soon. (We already know this though)
4. OMVS loaned money to RAD.
5. Convertible notes increased. Not really a good thing but a couple of things to consider. We don't know how many more notes were converted after May 31st until now. Also, many of the new notes have been dicsounted and most do not mature until 2018. By then I expect PPS to be much higher so if dilution is required to pay them, it should be very minimal.
I sort of expect a slight dip tomorrow but I very much expect the PPS to be well over .50 a share once merger happens which is going to be in just a couple of weeks.
I guess you better explain that to Garett Parsons and Steve Reinharz as Steve had Garret come to the RAD headquarters. Maybe he had him there to tell Garett the deal is off and then had asked him if he could get his picture taken with him?
Since your posts are spot on I'm sure that must be it. NOT! The DEAL is REAL! OMVS going to be HUGE!
Old News. This has been discussed and even if there ends up being any merit to it at all, the sum is likely going to be small. However, most likely it will be dismissed all together.
I'm guessing with a fairly low os that this is going to hit around .001 before the conference call. If the call is good, then it could boom depending on news. Looking forward to see what tomorrow will bring!
I have been. LOL
10k is due today. Could be a catalyst for tomorrow. Hopefully it will be here after hours.
Holding all my shares too. Too many upcoming catalysts here to go along with a razor thin float. OMVS going to be trading on the big boards soon!
OMVS is merely a vehicle for RAD to go public. OMVS is a shell and as such they are not really financially relevant. I believe their financials will show a reduction in debt as well. This tweet is directly from ceo himself, Big Phil? @B_Phil May 16 @SteveReinharz is it possible to invest in your company, or will you guys go the IPO route instead? Steve Reinharz? @SteveReinharz Replying to @B_Phil Check out $omvs...
RAD partnering with NVIDIA and most likely have something brewing with Verizon. I also know they have presented to Microsoft. You can see the RAD, NVIDIA, and Verizon connections by monitoring their twitter feeds.
I do agree that there probably has been a small amount of dilution as I have seen t-trades occur which is usually a good indicator. However, I believe it is over now as I haven't seen any t-trades in the past few trading sessions. Furthermore, it is stated clearly on this board and I quote, "Many have speculated that the O/S count has increased somewhat. Many have speculated anywhere from slightly under 20M to as high as 40M. Regardless, be looking for an update soon as the company has indicated that they will be updating shareholders on the exact current share count within days. Any increase should not be that significant as the company has made it clear that preferred shares will be used for the acquisition."
That said, OMVS has a razor thin float and a nice share structure compared to most otc stocks and I would venture to guess that as such a forward split is a strong possibility. With the upcoming announcements of a distribution agreement and acquisition happening, OMVS could easily fly to a dollar by year's end.
OMVS is a very strong investment opportunity with a very high ceiling.
All of those shares add up to it's current $19.21 mil market cap which doesn't include Maple's assets that are being rolled into it. Building a $450 mil refinery. Seems to me there is still a lot of growth potential here.
So you don't think his speaking engagement will be a catalyst?
Also, what has changed? Just because he hasn't delivered prs on your schedule it's over?
Nothing has changed. Plans are still in tact and with all the dd that has been done nothing has proven this is a scam. I say it's just beginning
Uncle Fester, I have been watching your posts the last few days. You do great dd and are well educated. I sincerely enjoy reading them. Thanks Man!
Many have speculated that the O/S count has increased somewhat. Many have speculated anywhere from slightly under 20M to as high as 40M. Regardless, be looking for an update soon as the company has indicated that they will be updating shareholders on the exact current share count within days. Any increase should not be that significant as the company has made it clear that preferred shares will be used for the acquisition.
I'm sure it was. If you look at his posts they really aren't very pro OMVS. OMVS going to be huge!
Why do you think?
That can be a good thing if you want to load cheap shares. Longs are going to be nicely rewarded. This is the best stock in the OTC and going to be trading on the big boards!
Maybe a better question is How high is this going to go? $3?