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Probably gonna buy in on this dip... Looks like a regular pullback to me
So is there a real 10q here or any real numbers yet to show some of the debt being converted or anything?
Either way looks prime to go
This is a CBD tech play for those wondering not so much an internet or cable play.
Plus it seems most their major deals were about 8 months ago so it might be ready to pop off pretty soon... Month or two more perhaps
I'm pretty excited for this one after the DD I did... Not sure if any of you read about the 50 million a year they ensured through sales rights they sold or not
So there is 1.5 billion on 5 and 1.5 billion on 7 lol
I saw a 7
Half the is is on the bid right now lol
I dont think 3s or 4s is realistic looking at what's going on... Feel like 5 might be new bottom and maybe flip for 9s re buy 6 ?
Nice filled
Catalyst will be announced after they've consolidated all they can at the 0005s... Seems to be a pretty tight ship they're runnin
Wonder if my .0005 will get filled ... So much on bid
Change your Bitcoin chart to a logarhythmic scale and you will see were no where near BTC peak...
It's still 6-8 months away boys. Load up
Not to be a fat pumper but at 2 million market cap and 50m in yearly revenue for the next 5 years guaranteed...
Doesn't that make this a 25x play? If the market catches wind?
.0006 x 25 = .015 fair price?
Another one for 175m revenue over 5 years.
https://app.researchpool.com/company/siml-us8286633024-simlatus-corp/press/simlatus-corp-siml-proscere-bioscience-announces-175m-distribution-agreement
Not sure if these are real but that's 50 mil a year in just sales rights of their technology not even sales of their product...
Not sure if selling sales rights is required 10q information but if the information is transparent I'm imagining they will want to disclose those earnings and increase share price in the future...
Another one for 175m revenue over 5 years.
https://app.researchpool.com/company/siml-us8286633024-simlatus-corp/press/simlatus-corp-siml-proscere-bioscience-announces-175m-distribution-agreement
Not sure if these are real but that's 50 mil a year in just sales rights of their technology not even sales of their product...
Not sure if selling sales rights is required 10q information but if the information is transparent I'm imagining they will want to disclose those earnings and increase share price in the future...
Think I'm gonna look for entry at 4 or 5 in the morning. Company looks like they're doing the work and volume was interesting past while... Gonna hop in.
Article guarantees 75 million in revenue over 5 yrs or 15 million a year.
You guys missed it and it's pretty big deal as it makes them hugely profitable already... Not just projected revenue but real one.
Same company that bought 4 machines for their own business.
https://www.globenewswire.com/news-release/2019/04/03/1796142/0/en/Proscere-Bioscience-Announces-75M-Distribution-Agreement.html#:~:text=Mike%20Mulder%20is%20the%20President,variety%20of%20products%20and%20technologies.
The financials here are rough hey
Move this to marijuana category on ihub page imo.. seems to be their main venture now.
Limit buy in at .004 here?
Think I'm gonna try to hop in Monday... Hopefully dont have to chase to get in around 6
This will be 5 bucks soon as the vehicles come out .. it's easy money
I'm not seeing .041
Seems like a lot of moving parts going on here.
Wouldn't be surprised at another week or two of these small volume days just to get the day traders uninterested...
Hey it held over 5 today so that's always a good sign.
Whole market is down 1-2 percent not too concerned .
Don't think a free feature is needed when the product is what it is. I believe there is a free trial which should be plenty enough to see that it's a functional video conference tool.
It's in referral to their at the time current convertibles not now.
Meaning their previous rs wouldn't change their debt holders amount of shares.
The rs is done. If you read the entire 14c it goes back to the inception of the company and is updated as one continuous filing not seperated entities.
The rs was planned in April and executed on June and is done. There has been no talk or notice of an upcoming rs.
It is talking about an already completed reverse split you guys...
How are you investing with reading comprehension like this...
Yes and then it becomes 11 million. Regardless it is something.
The 10 million is a guarantee. It is in the form 1a. They had an option in 2020 to take 9 million and opted for an extension into 2021 for an additional million bringing it to 10.
So if the company can make 3000 sales of 1 yr subscriptions of their safechat product that earns them 6 million and they're debt free for 2022 and presumably profitable into the future.
The new form a insinuates 38 million shares at 4 cents to pay off the remaining debt on convertibles. Leaving them 15.6 million in debt with 10 million otw.
The float would then be 750 million at whatever share price it holds.
Then we take in sales when they come and a future prospect can be determined
If we factor in expenses and existing debt and offset 10 million for the payment they should opt to receive in September...
Assuming no sales or any revenue at all for 2021 they would enter 2022 6-7million in debt.
It's not a large amount of debt all things considered. With the current float of 440m shares at .0022 the valuation of that is 1 million. Then if we take 250 million shares at an average of 2.5c we have 10 million dollars...
So we're looking at a potentially 11muillion dollar company with at 16million in debt and 10 million coming in beginning of September.
Some greasy stuff to keep the lights on but by no means are they going to die off.
One positive we can look forward to is that September 30 2021 they are due 10 million for their guardlok program... Or they can extend to 2022 for 11 million... So by no means are they going bankrupt in 2021
Basically the shareholders have to hold this up at a decent price while 440m shares are sold at .0022 for 2500x gains until the company posts a revenue earning near a million or more.
Unless this company starts earning big this won't breathe past 7 or 8c because it can be diluted at will for rediculous gains from 1c for 66percent of the float.
In essence the share structure is 440m is at .0022 and the rest anywhere from .0023 to 21 cents.
Fortunately financials don't necessarily dictate success when it comes to this kind of stuff
So 60percent (440million) sfor float is at .0022
The other 40 percent is likely around the 5 cent support we hit last week so we have about 250 million float somewhere between 5c and 21c...
Idk how to feel about this.
Obviously numbers don't necessarily matter when it comes to the market which bodes well since the product is good at the right time.
But it's built on a house of cards?