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.
About to pop!
Good stuff!
If it pulls back I will grab some more...if news hits about court decision it’s on!
I agree...couldn’t hold .01
Looking thinner each time it moves towards a penny....buyers need to step up or get left behind!
Volatility halt
Lone wolf...sorry
Dark, what are you calling for tomorrow...$20’s?
Past HOD!
After hours going up up up
Article is back up on site.
Fidelity will break them out for you just gonna cost to do it.
MoviePass and Winc partner up.
They said an update is coming so...
Nows the time for news!
You guys are silly if you don’t think they don’t want people to cancel...it’s mostly the ones who are taking advantage? Lowers burn rate, then you ramp back up with better partnership and business model.
That nothing really.
Papa in the house!
These college kids would do a great job with this company!
Helios and Matheson Analytics Inc (NASDAQ: HMNY) is a stock that we’ve talked about a lot recently. In fact, a few days ago, I received an email from a tipster stating that a student run fund by the name of TRITON FUND is considering a hostile takeover of the company. Since then, I’ve had the opportunity to have multiple conversations with the guys at TRITON FUNDS and I’ve learned that there is validity to the story. Today, we’ll talk about:
Who TRITON FUNDS is and why they’re interested in HMNY;
what we’re seeing from the stock in the pre-market this morning; and
what we’ll be watching for ahead.
TRITON FUNDS Is Interested In HMNY
As mentioned above, the fund at the center of the potential takeover is known as TRITON FUNDS. TRITON is a student managed fund that is run by students of UC San Diego. The students came up with the idea over the Summer last year, and in April of this year, launched the fund.
The ultimate goal of the fund was a relatively simple one. The fund was designed to give students hands on experience in the investing world. The founders of the fund, Nathan Yee, Sam Yaffa, and Yash Thukral saw an opportunity to give students hands on experience, but took on some responsibility of their own. Not only does the fund have the fiduciary responsibility that any fund has to its investors, it’s also got the responsibility of ensuring that its student members are learning. Nonetheless, the firm seems to be doing a great job of just that.
Why Triton Is Interested In Helios And Matheson Analytics
When I first asked TRITON why the fund was interested in Helios and Matheson Analytics. One of the first statements made by the team was “Everyone we know owns HMNY.” The students went on to explain that Helios and Matheson falls right in line with what they’re looking for. Here are some key points:
Millenials – HMNY has built a business that should cater to millenials. However, TRITON believes that the company’s management fails to see the opportunity and use the right marketing strategy to bring millenials in.
Data – TRITON’s founders also explained that Helios and Matheson’s MoviePass was never about making money on ticket sales. Instead, the company is grabbing data, and the guys at TRITON see real value in that data. In fact, they pointed me to the terms of service at MoviePass, which outlines the fact that the company has the ability to sell the data to whoever they’d like. In the conversation, the young fund managers explained that for the right parties, this data provides an incredible opportunity.
Mismanagement Brought The Price Down – Finally, TRITON pointed to the fact that HMNY has been mismanaged as a publicly traded company, not from an operational standpoint, but from a financail standpoint; pointing to the idea that the company has been taken advantage of by every banker and institutional investor that has gotten involved. As a result, Helios and Matheson Analytics’ investors have been the victims of incredible dilution that has brought the price of the company down dramatically. Nonetheless, due to these declines, TRITON FUNDS sees an opportunity to strike at a low price.
But you make cash up until then.
Guys just getting in..so are they diluting 147mill, and is that what took this down?
Quarterly Report should come out around August 15th.
Awesome level of traders here..patients will pay off here
Beat it!
Great Post! We know what it is!
Just saw that!
Thanks Sir.
Those are T-trades that happened during trading hours that post after hours
Sunnyland is in!!
100% gainer today!
Didn’t quite get my million shares but pretty close!
Almost have my million shares loaded...need $150k more
44,351,200 33,025,000
Warrants 600,000 500,000
Related party convertible debt and accrued interest 9,398,132 3,688,000
Senior convertible debt 77,814,212 17,670,000
Convertible debt 31,285,292 -
Contingent liability – advisory fees - 3,156,448
Total 163,448,836 58,039,448
Segment Reporting
Fly what about the additional notes?
This baby looks golden...I am loaded up and ready to go!
Papa this bad boy is going to bust loose...it’s building!!
WEST HAVEN, CT / ACCESSWIRE / July 19, 2018 / Drone USA, Inc. (OTCQB: DRUS) ("Drone USA" or the "Company"), a service provider and reseller of drones and distributor of products to the U.S. Government, today announced that its subsidiary, Howco Distributing Co. ("Howco"), received a $659,000 dollar contract to supply the U.S. Government with diesel cylinder heads.
Michael Bannon, Drone USA's Chief Executive Officer, commented: "Melissa worked hard on this contract and it paid off. I love managing the Howco employees; they know and embrace where we are heading."
Matt Wiles, Howco's VP of Business Operations, stated: "Historically this is not the type of contract Howco wins, but through developing a partnership with our supplier, we are now competitive. We expect to win many more contracts like this one because of the tenacity of our staff and a great supplier on the other end."
Melissa Fradenburg, Howco's Lead Estimator, stated: "This contract win gives us a real boost as we all have the same goal; help our warfighters, keep local companies busy, and further show what Howco is capable of."
About Howco Distributing Co.
Howco Distributing, a subsidiary of Drone USA, Inc., is a premier supplier of spare and replacement parts to a wide variety of Federal Government agencies, U.S. military prime contractors and commercial customers worldwide. Founded in 1990 and located in Vancouver, Washington, Howco's services encompass bid solicitation, contract management, packaging and logistics for construction, transportation, mining and heavy equipment spare and replacement parts to customers worldwide utilizing a wide variety of supply chain solutions. Howco was the winner of 2017 United States Department of Defense Logistics Agency's Commander's Choice Supplier Award and the 2012 United States Department of Defense Logistics Agency's Bronze Supplier Award.
About Drone USA, Inc.
Drone USA, Inc. (OTCQB: DRUS), headquartered in West Have, CT., is a service provider and reseller of drones and distributor of products to the U.S. Government. Its competitive advantage stems from offering superior service, high quality products and establishing and maintaining life-long customer friendships. Its primary markets are U.S. police, firemen, U.S. industry and the U.S. Government.
Forward-Looking Statements
Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: "plans, "anticipates,""expects,""believes" or similar words. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in our Form 10 filed with the U.S. Securities and Exchange Commission.
CONTACT:
Michael Bannon
Chief Executive Officer
mike@droneusainc.com
Hayden IR
Investor Relations
(917) 658-7878
hart@haydenir.com
SOURCE: Drone USA, Inc.
Added another 100k shares to my stash...let’s get it!
Things are moving fast here!