is...playing golf most afternoons, except summer in Florida!! Then I'm in the gym most days!
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Word on the street its a major bank...nice job ONCI!!!
I also believe it's going to take a nice PR to get us out of the consolidation. But I am happy to wait it out. My shares are not for sale anytime soon!!!
Oh My Goodness. Okay, will sell first chance I get. Thanks for all that meaningful information.
Still none that I can see on L2. Consolidating higher a good sign.
Yes, he did need the money to go public, and GP provided it. Now that money has been absorbed according to the number of shares traded recently. Very simple.
How is OMVS drowning in debt? Please give numbers??!! I don't think that for a minute. They are a startup and they need funding, and they are getting it because of the method they used to go public....simple really!!!
I doubt there is much more dilution based on volume last few days. Thin trading means one of two things....if it's a good name and people believe in their future it will go up. To the contrary, if the sentiment is negative, then we go down...I'll check back in a month and see where we are!
Thin at these levels...wouldn't take much to set the wheels in motion longs!!!
That was my point...sorry if it wasn't clear...hurricane prep, watching the market etc...Tring to post probably wasn't smart on my part. Dilution done, if not, then very close based on share count vs shares traded over last few days since R/M.
Just slapped the ask for 200,000 shares, lets keep it going!!!
That's purely conjecture at this point to say that OMVS plans to dilute for a year, because they have done it at all. This has a long way to play out.
Respectfully, The numbers don't support your continued dilution hypothesis. How many shares have been traded since R/M?
It will be very interesting to see the timing of today's PR. I'm thinking it may come right after market close...anticipation could drive pps up nicely. On the other hand if its great news it really doesn't matter. I, for one will be holding this name for the foreseeable future!! GLTA, and keep the prayers and positive thoughts coming to us Floridians!!
Schwab does that. So wouldn't be surprised!!! Although I wouldn't be surprised to see .01 based on potential news!
That's all fine and good, but not near the participants that were expected, even from a statement from our CEO. I'm long here, but would like something from Tom. I'm not a weak hand and won't sell anytime soon, but some kind of PR would be nice.
Nothing to do with tech's. Dilution either took a break or is done, at this point I don't know. I'm hoping the latter. MM's will let us know soon enough. All IMO.
Yeah volume down, pps held it's own after a massive gain yesterday. I'd say that's good, in fact, great!!!! The fact that there is more news coming as soon as Friday (or before with Enterprise) is great news for the share price. Been adding since .0011 and will continue to add!!! All the best. GLTA!!!
Unsuspecting investor you say!!! Who the hell is an unsuspecting investor? Someone that likes to part with their money perhaps? Most investors that I know are NOT unsuspecting and don't like to part with their money. To the contrary, most investors are smart folks like you and I, and like to keep their money and make informed decisions to help it multiply.
Interesting to me that the MM's are taking such an interest in this name. It's like they realize something good is about to happen and they will shake the tree!!! Held up nicely today with the big volume! Bottom may be in place. GLTA!!
Those of us that have a vested interest (actually own stock) beg to differ. And the vast majority of us are confident in our position's.
A stock that went from pennies to .28 has confused buyers!!?? Don't think so. The vast majority of us longs wont be weak hands during obvious dilution, or short attacks, in fact, quite the opposite.
Love it!!
Very good day so far IMO. MM's will try and force weak hands out soon enough, but they could be caught with their pants down here!! The continuous positive PR's along with the re-domicile and share reduction puts this in multiple pennies soon.
Yep. It was a perfect storm for weak hands, and most of the time (I'll never say never) if fundamentals don't change then pps will come back with a vengeance. I appreciate your posts, you seem to have a good grasp of both Fundamental, and Technical Analysis. GLTA.
I vote for pissed off chicks!!! Or maybe, (but I doubt it because I'm very long and bullish on this name) "piles of chit"!!! JMO. Nice to see the rebound here!!!
Toxic financing??? Is utilizing the shell of OMVS toxic financing vs going the IPO route? Yes there is dilution, but good grief, that is expected, anticipated, and needed to finance growth with an OTC stock.
100% agree!!! Great post!!
Makes sense to me. One major automaker deal would be excellent news! We wouldn't be talking penny's anymore!
Excellent post! Well said!
That's the prudent play with this name and all that's happened in the last 24 hours. I can't believe some on this board would actually place a stop/loss...
97m O/S or for that matter 150M O/S is nothing for an OTC name, AND with the revenue potential here, a no brainer.
Nice profits I'm sure!!! A fundamental, long term play for me. I'll look at it daily, but won't consider selling for the foreseeable future. I feel like it's a gold mine....or better!! GLTA!!
Bottom line for me is that RAD/OMVS came through with the merger/acquisition. Now that that is behind us, let's get the signed contracts that many of us presume are on the table!! If that happens, nothing gonna stop this train. I'm not a pumper usually, but maybe here will do a little!!! Been in since 02's, so anyone who say's this name is anything but legit hasn't done homework. GLTA!
OTC sell the news day here! Not unexpected. Would love a couple of nice PR's!!
So based on your post, the share price conservatively should be in the .07 range by the end of 2018?
One way to get to this number is to take annual projected revenue and multiply by expected profit margin (my guess is at least .4) and then multiply by a reasonable industry P/E of 25 and then divide that total by the shares outstanding.
As you mentioned the projected revenue is conservative, but at least we have a starting point.
I'm long ONCI and will hold for the long term!!
That's on GP. He presented something to SR that he liked. I don't for a minute think there is not some dilution going on here, but what I do think is SR realizes this and has put it to good use!!
A month ago or so I established a position here, and have averaged down since. I see no reason for the recent decline in pps fundamentally, and will continue to add first thing tomorrow. I mean, cmon, .003 with all of these contracts and potential contracts!!! Onl a matter of time until this is in dollar land.
All IMVHO
I can appreciate your perspective because I've been around penny stocks for a long time before joining here, but this name has potential. I buy low, and lower on most of my choices, but unlike you, I like a story, and want one. Not saying its a done deal, but I started a position at .025, and locked in profits soon after. The O/S and SR are what get me going here. Let's see what happens. Won't change my lifestyle if SR has led us astray, but i'm pretty sure he is the real deal.
Wow, what a nugget of information you just posted. Thank you so much!!!
I've recently started watching level two, and I'm copying and pasting this to my notes. It's very nice and refreshing for someone such as yourself to post these informative posts without malice or asking for a fight!! Thanks again!!
Maybe from sheep (followers), but from the rest of us who actually make our own decisions, your posts are nonsensical noise. I for one have done nicely here, scam or no scam time will tell, but the vast majority of us know what we are doing. Blocked