Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I was thinking the kiss of death was not reporting at all. The extension shook the price this week. I think you are right saying that this will turn around in the second half since Rhett is optimistic about having fun selling PayPlan through channels that he hopes for in New York.
File already, Rhett! Just don't get delisted.
Maybe the price will hang around $0.004-$0.005 for the next month. The Report due this week may show financial deterioration, but I think the share price already assumes that. BZWR reports sometimes don't create much trading, and this time that would be good.
What would be bad is if there is no report out by Monday morning.
What would be great is if sales at the half are pushing $3.5 million or more. If so, maybe they can keep enough cash to pull through.
The 5-day extension is..all the time they need. Good news. No violation promised.
Look for a Q (Quarterly Report) and a press release this week.
Dollar volume of..all BZWR trades today is..under $2,000 so far. This is certainly not a panic. There should be a bounce.
I was in the sell-side volume yesterday. Why? Because something is better than nothing.
But volume is light this morning and I wouldn't sell again right now. The dollar volume is under $1,000. Hardly a stampede to the exits! I might still get $0.005 later today or later this week.
I have to decrease my position. There is a loss limit for anyone with discipline.
We just don't know if BZWR will report. They may be turning things around, but I can find no evidence yet.
Waiting for the bounce.
Good time to buy if you believe it's really just a 5-day delay. Good time to sell if you think they aren't paying their accountants and it's fading to gray.
Report or deadline extension? Which will it be?
I wonder if BZWR can..get reviews for PayPlan.
The Software Advice website has a page devoted to what looks to me like PayPlan competitors-- 79 of them.
We both agree second quarter feels like..a bust. I wonder if they still have enough money to pay their accountants to release the report that's due tomorrow. No surprise to me if it's delayed again.
But, why do you think BZWR will grow in the third quarter? That would be great if their sales are accelerating.
To me, the big question is if they can market PayPlan fast enough to pay their bills. At least they sold to that Florida car finance company, but they haven't announced any others.
HelixHouse may be self-sufficient, but I doubt they can support the whole company.
I wonder if they are exploring who they could sell the rights to PayPlan to, that could do a quicker job broadly marketing the software. But I don't see anyone on the Internet talking about how great PayPlan is for them or giving it a review.
This stock should fly. OTCQB. Reports current. Positive stockholder equity. Steady sales growth. Sales are a bit small for the size of their assets, but no complaint here about having assets and also making a profit.
Narrowing bid/ask now, but lower: $0.0051/$0.0055
Over a million sold @ $0.006 so far. May be a good opportunity here if the next report is going to show some progress, or even profit (but that's a longshot until at least next quarter, I guess)..
SOLD! I hope the buyer does well.
Either HelixHouse is expanding or folks are quitting and they need replacements.
<Correction: Sorry. It looks like this is only one position, not two.>
They tweeted to look for job applicants a few days ago.
Cheaper today. $1200 can buy 200,000 shares @$0.006.
Someone is asking $3,000 for their 442k shares. That's today's recent best ask, now $0.0068. That is tempting.
A business that teaches scaling needs..to scale itself. Kind of ironic. Can they do it?
Quite a lot of money IF it ever happens.
From Page 19:
Certainly could be much worse, but isn't.
Adding 200 million shares mathematically worsens stockholders' position, but as usual, there are plenty of other factors. Did some know that this news was coming so the price has fallen already? Is it good that adding 200 million shares can maybe be enough to bridge the company through to profitability? Is the stock price oversold because of not being over recent setbacks?
Odds are that the growth of sales will not catch up with overhead, and to me, that's why the price is so low. But, no news to the contrary of BZWR is still functioning and paying their employees, so there is a chance that they could right the ship.
No market reaction to today's news, not even any trades or changes in bid/ask. Nearly the same thing happens when financials are released. Not much immediate reaction.
Today's news is an S-1 right here concerning their common shares.
Looks like an authorized shares reduction making increase.
They had 90,000,000 shares authorized, but combined every four shares into one authorized share via reverse-split. Divide 90,000,000 by 4 and you get 22,500,000 authorized shares if nothing else was done. But the authorized number is now 50,000,000. So, TCPS says they reduced authorized shares from 90,000,000 to 50,000,000, and they are the correct beginning and ending numbers. But the original universe of 90,000,000 was compressed into 22,500,000 and then expanded to 50,000,000. (That would be 200,000,000 of the old shares, a hefty increase.)
So there is potential dilution here and not a surprise to me that the share price is falling, even though I think the company is strong.
Price..rising, mostly buyers, last..week-and-a-half.
Maybe the February (2nd quarter) report, due in three weeks, will have good news in it. There should be tens of thousands of potential customers for their software. It is a huge market (but with plenty of competition). We will see if BZWR is strong enough to be noticed in a big way. You never know when a breakthrough announcement will be made!
Helix House can market ganja, how about PayPlan? I wonder if their Billboard Ad
Natures Medicines featuring Cheech & Chong idea (at www.helixhouse.com) is working. I hope they keep coming up with super campaigns for PayPlan. We're in the footrace for survival now. Can PayPlan sales grow fast enough to cover all expenses & overhead?
Big Advance today. $0.0083 is holding near the close.
CDEL is asking more than 4 cents now. Seems reasonable to me.
Thanks..for telling me. I will correct the address in case I want to send another question.
Reading between the lines (my opinions only):
I do detect a pattern, though. Every day BZWR trades, I lose another $200 or so.
Good: Grace period flag gone & press release touting first quarter progress right here.
otcmarkets.com recognizes BZWR as compliant in their reporting, so the "grace period" warning flag is gone. The press release has some positive news. If sales grow fast enough, the share price should grow, too.
Couldn't resist. Got some at $0.00475 since the company should have the warning lifted now and is making sales. They have a lot of problems but show signs of solving some.
No one has traded since the 10-Q release. It seems that news doesn't move the price very quickly.
BZWR is compliant! 10-Q is available on EDGAR. Right here.
Not big volume today, but..all buyers so far.
But did CEO buy enough know-how to create and sell loads of software?
There may be a lot of truth in what you say:
Looks like we're on the 1-Hour Ticker-Buzz-Cloud. I think that's where I found BZWR in the first place.
Another fact is that investors look forward.
Putting the three companies together was a big strain on BZWR's accounting capabilities. (I also think they have been poor in due diligence finding out what assets their acquisitions actually had.)
But, looking forward, I think the complicated accounting problems should be nearly over and reports should come more easily.
Is their business working financially? I don't know that, but their 300,000 loans processed successfully figure indicates potentially some earning power, in my opinion.
The..first quarter extension ran..out on about Jan 19, after they had their 5 extra days. It took until about March 3 for the grace period to be imposed by OTCMarkets. So, I think BZWR is out of the woods if they can just squeeze out their November report by the end of next week. If OTCMarket's rules are the same for two-time offenders, BZWR would still get until maybe June 3 to fall into another grace period.
I don't know if all that is true, but I think it is enough reason for the stock to rally very well if BZWR can get the first quarter report out to prevent being barred from PINK.
The deadline next week is the important one, or else the stock goes illiquid on the Expert Market until they comply. I'm holding my breath, but bullish.
If compliant, they can probably get an extension on April 14 so we won't have to worry about that deadline for awhile.
I also hope that they have a great relationship with those who help them file their 10Q's. The wording of those documents is complicated so I doubt BZWR employees write them. Accountants are busy with taxes this time of year, so I hope BZWR has this all lined up.
And this from a business that helps other businesses stay in business...
Here's my reply from BZWR, so far: