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Propy NFT auction today... link below for those who would like to keep track.
https://seen.haus/drops/first-real-estate-nft
Greetings Axle-and-Hub and thanks for all your previous insights and these questions. As I'm sure you can guess... I enjoy long-form convos. :)
I'm not an insider or employee so I can only speak to what I have been able to find during research and what's publicly available but I'll do my best to outline what we know and my opinions as responses to your Q's.
Q1 "You write about Paloma Pay often..."
What have you done for me lately is not the right Q right now.
Paloma's payments platform was launched in Jan 2021 as a proof of concept. Much of the development was actually navigating regulatory & legislative environment & the result was the current version - their MVP ('minimum viable product') simple retail payments (customer pays in crypto, client receives fiat in their bank account).
The co-founder (of Paloma) Nasser Azimi is the owner of 5 retail dispensaries in CA and these locations are where the MVP is currently deployed. Much of this info comes from https://aroundthecoin.com/podcast/ally-medina-ceo-of-paloma-pay/
Paloma just announced that the initial tranche of the next round of investment dollars has been received & will be used to execute the next phase of development including a B2B platform. https://www.newsfilecorp.com/release/86205
I am personally not asking the questions you are about current customers, gross sales, etc. IMO it's not a criteria at this early stage. This potential acquisition would be for a novel technology product for which there is definitely a market. It would then be on Helio to further develop the product & develop sales/marketing roadmap for the product as part of the overall crypto bank platform they're building.
Q2 "Propy"
Propy is active & generating revenue. They are a leading blockchain focused real estate transaction processing firm. I haven't dug too far into their financials but understand they facilitated something in the neighborhood of .5b in transactions in 2020 and they are backed by VC Tim Draper of Tesla, Skype, etc. fame.
In my mind this is less of a merger/acquisition target at this point and more of a strategic partnership. Where mortgage companies receive the bulk of their 'leads' from real estate brokers, I see a similar function here where propy is connecting their end users (real estate agents/brokers) with Helio for any crypto-collateralized lending needs.
One would speculate this is driving leads to Helio by now, but we won't know for sure until the co. reports on it.
Q3 Why the current PPS with all the supposed news... (paraphrasing)
I don't think we HAVE seen the news that will ultimately result from the success or failure of the efforts from bitcoin2021. We don't know what conversations were had or if any deals were made yet. All they have said was that it was a success and updates would follow... but we really don't know what that means yet.
As for PPS, I'm not really swinging or day-trading this so the current PPS isn't really at any threshold that would trigger a change to my personal strategy or expectations w/ CYIO. This is also why there is little value to me (other than entertainment value) in the comments some make about the daily/weekly/monthly fluctuations. Price goes up... great! My shares are worth more. Price goes down... great! My monthly $$ invested buys more shares. I'm looking forward to one day my shares paying a dividend as O'Shea has said is an objective.
Q4 Employees
We're on the same page. I suspect we'll get more info on US facilities and staff as the dust settles from the helio acquisition and I'm also keeping an eye on who will be brought on to execute on the sales/marketing/support objectives.
I was very happy with the hiring of Franco Devivo as SVP Sales/Marketing as I am familiar with his work with Bitcoin Depot where he built a fantastic sales strategy & team, and managed it through very good growth. Keeping an eye on job postings to see when he starts bringing in boots-on-the-ground sales horsepower.
If Paloma is acquired & Ally and Ryan stay on I would be thrilled. He's a great IT resource and Ally has very valuable regulatory, legislative & policy making experience that will be key as we build out these disruptive new products.
Thx again and while I know this won't answer a lot of very specific questions we all have RIGHT NOW, it is what it is. For now it all remains very early and speculative, but I am personally very happy with what I am seeing.
"Subsidiaries" (plural) & choice wellness did not attend... hmmmm
No mental gymnastics required to see Paloma Pay crypto payment platform is on deck for acquisition. Focused on cannabis now (6000 retailers, $20b+ underbanked sector) and works for ALL retail.
Helio & Marko updating on success of Bitcoin2021 conference & letting us know "exciting developments" to be announced shortly.
Propy founder (backed by Arrington & Draper) also referenced Helio in tweets about real estate crypto-collateralized loans and property NFT's. Helio website shows partnership for property NFT-collateralized loans (Crypto HELOC)
CYIO reset and consolidating from recent highs - went .016 to .845 - Retraced 60% last 3 months to fill gap & now giving entries at or near 200day MA - .2084 (floor) looking for next wave to ???
Low Risk / High Reward for this crypto bank / real estate lender ($429b US market alone) in b4 the crowd, 1st publicly traded of its kind.
Up 800%+ in six months. Trying to hold down the PPS is a losing proposition.
Hope all are having a great weekend!
RSP trading eyes on CYIO and a nice mention/opinion in video...
Intraday action was definitely much less controlled than in previous weeks. Those that watch daily definitely saw a change for the better.
I have a hard time attributing the decline in share price from feb highs to something the company did or didn't do. In fact, I don't know how they could have done different.
There are hundreds of tickers that experienced the same decline... many companies as game-changing as CYIO / Helio.
I suspect the massive surge of retail investors that we had in Feb shifted focus to the next hot sector (remember, us youngin's have the attention span of a ... oooh look! Birdie!). This is what they do... they're in and out. They moved on to crypto.
The lack of attention in OTC gave the market makers the chance to do what they do with relatively few shares... put up enough shares on ask to discourage upward price movement, and dump just enough of their shares to one another to drive the price consistently downward.
Now - while the entire OTC took a giant nap, CYIO/Helio have been steadily executing on the plan. They got current on filings, restructured some debt, built up some cash in a much better way than previously done - inked the acquisition, and started bringing in the team to put the new assets to work.
O'Shea has been clear about what he wants to happen... they want to be a leading crypto credit hub... they've used terms like 'Crypto Bank'. I like to think of it like Lending Tree... Started out as leadgen and wound up being a massive Lender/Bank themselves.
Now CYIO/Helio have personal and real estate loan products and they're nurturing partnerships that will create a big influx of leads that will drive loan volume. They're courting new tech products for crypto payments that will give them a beach head into thousands and tens of thousands of retail establishments. They're anticipating the rise of property NFT's as collateral for loans and they're creating loan products for that.
And look... I love the 24 hr sanitizer... I bought some for my kids... but let's be real. They reported income of just shy of $9k and expenses of almost $12k in 1Q when sanitizer was the only thing on the menu. I don't think they give a flock of seagulls about dr's choice - or perhaps whoever is in charge of that part of the company just dropped the ball... but frankly I'd rather they spend their energy on building the banking/lending side of the biz.
Real estate lending market in the US alone is 429 billion. Younger people are hungry for a credit market that isn't run by the suits & politicians that have been fleecing their parents and grandparents for decades.
When I look for 'what could be' I see a multi-trillion dollar crypto credit market taking shape with Helio the first to charge bravely into the Real Estate niche. I think a lot of current shareholders see it and realize how big the potential really is.
I'm also very patient. I haven't ever expected this all to happen in 3 months or even a year... so my personal tolerance, objectives and plan have me feeling very very bullish. While the share price is low I'm happy to continue accumulating because I really like the stock.
We've been waiting for this!!! Future Trillions dollar credit market! Keep in mind Arrington and Draper are directly involved with Propy.
1 - Take loan against your BTC
2 - Use loan to buy property NFT
3 - Take loan against property NFT
4 - Use to pay down original BTC loan
5 - Use appreciation & income from property NFT to pay remaining debt.
You never have to sell a single BTC. Stunning!
This is 100%... key performance metric will be loan volume. Loan volume is largely driven by lead generation. Every mortgage lender knows the best leads come from the real estate agents. To have a group like propy driving you leads on a consistent basis is a formula for MASSIVE earnings.
My Top 3 Reasons "WHY" I invest in CYIO.
1) Acquired Helio Lending - Crypto-collateralized fiat loans.
John O'Shea & Helio have made clear their plans to be at the forefront of a potentially multi trillion dollar (as estimated by Michael Arrington) crypto finance market - Real Estate.
Helio has partnered with Propy, the company that executed the first ever sale of a real property with funds paid in crypto - and is now executing the first ever sale of a property as an NFT. Which will bring massive focus to lending with NFT'ised properties as collateral.
Key advisory board members are also heavy hitters in the real estate industry, and also have a focus on merging crypto and real estate into a usable solution.
2) CYIO / Helio have now brought on new advisory board members from the Crypto payment/development & cannabis industries. Ally Medina & Ryan Luther from Paloma Pay and Nassir Azimi, President of Ohana Cannabis. The chance of CYIO Acquiring Paloma is high.
6000+ cannabis dispensaries in the US - all severely underbanked. Paloma pay is a turnkey crypto payment solution that allows dispensaries to accept crypto as a form of payment with fiat being deposited directly to their bank accounts. It's a $17.5 billion market today, expected to be $41 billion by 2026. Furthermore, this product isn't ONLY for cannabis and works in any retail environment.
For an organization who has indicated their desire to build a full 'crypto bank', this business service would be absolutely required.
3) The fundamentals of this, combined with the share structure and recent moves by management are very attractive. The OS is only 109 million - and that's still very small. It would be very small even if they maxed out the AS. Most shares are restricted, meaning the float is very small - and it is well known that there are many 'long' investors holding a significant portion of the float.
The fact that there are no other publicly traded companies that have this focus is attractive as well.
Focus on the positives, and don't get pulled into the weeds... block the noise. This is a potentially multi-billion dollar company in the years to come. I'm invested because I can see the potential and can see the positive moves the company is making.
2/3 of volume today was bought at the ask. That hasn't happened in quite a while.
The DD is building to a critical point. Helio, the Propy partnership, and now the potential Poloma acquisition... not to mention the exposure from the Bitcoin Conference... these are all driving smart investors to CYIO. .85 is going to look like peanuts compared to where this will go next.
Fair enough... thx for clearing it up. Not too focused on the short interest on this one anyway.
Any chance we could get you mods to update the intro? It's pretty out of date. There have been a lot of substantial changes in the last several months.
Great play at the end of the day. Agree, don't care about shorts or finra data. If there are any they're gonna get burned. At this point, having watched a few terrible traders playing the spread and driving the price down on low volume, I'm excited to see the company executing on the plan and bringing the concept of the crypto bank into focus. Personal & Real Estate crypto loans. Crypto deposits. Small biz crypto payments. Partnership with Propy. Sure you can dig into the weeds to find negatives, but why would you when they're tapped into a future multi-trillion dollar credit market.
Nice close today... looks to be breaking that bull pennant. Impressive considering all the fear in this market. Just another reason this is a high-confidence, long play.
Expecting a sales press release today...
Spoke with the CEO, he will be putting out a press release with a statement regarding the sales this week.
— Neutra Corp (@CorpNeutra) March 25, 2021
Just loaded more. Time to go.
They sure did... add it to the upcoming catalysts... https://www.otcmarkets.com/stock/ntrr/news/story?e&id=1823588
everything looking fantastic here... news flowing, chart behaving well. excited to hear about the land deal and who the big box retailers are
chart looks great...updates coming soon... adding today for the next wave up
TGHI Announces Commercial Launch Russell Simmons GDAS Yoga/Meditation App
Apple IOS news: GDAS yoga application now available on iOS devices via App Store. Subscription $9.99 monthly.
https://www.otcmarkets.com/stock/TGHI/news/Touchpoint-Group-Holdings-Announces-Commercial-Launch-of-Russell-Simmons-GDAS-Yoga-and-Meditation-App?id=292421
Adding more today... they just keep selling 'em to me
Added today on positive news (CPAC coverage)
Looking like reversal ... loading
Added large here... big news incoming
Nice find... not many of these low float left undervalued like this... Adding
In for a long time already, adding a lot more today on medical/recreational cannabis news