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You'll see them much sooner than you'll see the 0.10 PPS all you longs are predicting.
In that case, Tom would just say that's the reason.
out of curiosity, what are you planning on saying if the stock actually hits trips?
not as of yesterday.
Doesn't matter whether it's 5 days from now or a month from now, he's not going to meet either deadline. Meeting the current deadline should have been easy enough - obviously he just has no intention of keeping current.
He's not going to meet that deadline. He had months to get the current report together - which is largely just a bunch of 0s - and he didn't want to do it. What makes you think that 5 more days are going to make a difference? Are you new to pennystocks?
It's definitely not the last day for cheapies. In fact, no matter how far the price plummets today, today's prices won't be cheap compared to the prices down the road after the R/S.
You are citing from the 10-q of a completely different company, KLMK.
See:
https://ih.advfn.com/p.php?pid=nmona&article=77424244
Link? I don't see anything yet in the standard places.
well, I agree with the BOOM part, just not in the way you intend it.
Exactly. There's no way he submits earnings this week. You can bet on it.
OK, convince me.
I'm willing to buy at this point if it's a good deal. But why should this company be valued at over 1 billion dollars? Revenues seem tiny.
Yeah, that's what people said when the PPS was 4 times the value it was now.
That's not an order at all, it's another 'agreement'. Whats-his-name should add it to that ridiculous list he spams us with daily.
> Bravatek on pace for record setting Q4 Sales Efforts
No-one cares about 'efforts'. It's an 'effort' for me not to laugh every time Tom opens his mouth.
Yeah, I need 4 million dollars of working capital too please.
Welcome to the world of penny stocks. Almost all the CEOs here are losers, and Tom is no exception. People here will flaunt his impressive past, but that's ancient history, and in the last few years all he's managed to do is decimate investors with reverse splits, present BS deals, all while not earning a single penny of revenue.
No idea what your point is there.
Nice feels doesn't put money in the bank.
Looking at the PPS action, I'm not sure longs are 'winning'. The PPS is basically at a 52 week low, so I have no idea what you mean.
sorry, he needs to read the story of the boy who cried wolf. There's a reason people in the industry don't respect him anymore.
This is all public information, so I don't understand your question.
He dragged his own name though the mud by continually announcing 'deals' that were bogus; he's not the victim of anyone but himself. Seriously, anyone in the industry will tell you the same - he's a joke.
Well, he abandoned all his shareholders twice by performing reverse splits that decimated shareholder value, in spite of insisting that he wouldn't. But this time it's different, right?
Sorry, his name has *already* been dragged through the mud. Ask anyone in the industry - they all think he is a joke.
I was told dimes were coming for the last 6 months. Those predicting a return to the trips are much closer to being right.
Not in any real sense of the word, no. They have a ton of debt and no assets of any real worth.
Even with a screenshot I wouldn't believe it. It's not as if Tom has a good track record when it comes to telling the truth.
They can in effect do the RS at the same time, without having to officially call it an RS. That way, Tom can say he kept his word and didn't do an RS. Current shareholders will still be decimated though.
Well, if they don't have significant revenues by May, then they will need an RS or something very similar in order to pay their debt and keep the lights on. That's just basic math.
He's done 2 reverse splits in the past few years in spite of insisting that he would never do one, so let's not be naive.
The stock is down about 80% from its highs. If that's not running for the hills, what is? The stock has been on a steady churn downwards for months now.
It's still down about 80% from its peak, and has lost over 50% over the last few months. Not sure what you are gloating about.
Anyone who thinks this isn't headed for a RS or AS increase is living in fantasyland.
Oh, someone will definitely get screwed. In fact, probably two of the companies will end up getting screwed.
If revenues don't show up soon then an RS is inevitable and 'backing up the truck' would be foolish - there is much debt still to be paid down, and so without revenue that can only come from dilution.
I doubt it. His habits seem more or less set.
Sorry, but most of that is just irrelevant. Questions of 'character' in particular are quite irrelevant - there are plenty of qualified, accomplished, well-intentioned people who in spite of their best intentions have screwed up when it comes to trying to start a company of their own. Business history is in fact full of such examples. And until the revenues you have mentioned actually show up, they cannot be taken seriously - Tom has made all sorts of promises of revenues that were supposed to show up even last year. Obviously Tom is in the habit of overpromising on deals in which the ink is not fully dry. Hopefully he will learn.
Lol, of course the burden of proof lies with you. Otherwise with any of these companies that are surrounded in uncertainty, one could say anything - that they are about to book 1 billion in revenues, etc. The burden lies with anyone making a claim of that sort to provide reasons. Are you seriously disputing this fact about burdens of proof?
The burden of proof is definitely on someone who thinks the company has 50+ employees to demonstrate good reasons for believing that.