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One more important fact, as I posted on here one time before (and the 10K confirmed it) OMVS is not registered as a shell company, it is a small operating company. What does this mean? FASTER UPLISTING...
And only 55 shareholders....
Share structure after this 10k is still fantastic, especially when you compare it to the junk most play on IHUB with billions of shares O/S, not to mention the POTENTIAL catalysts of this company and the deals that are being made with BILLION DOLLAR FORTUNE 500 COMPANIES! You just don't get a play like OMVS in pennyland every day!
I will agree with you on that prediction. Think about all of the Chevron security employed oil/gas fields that would be an ENORMOUS deal. This makes sense....and you were right on the money with your last prediction concerning Allied.
Pretty RAD day here today OMVS'ers....In My Opinion.
Opinions are like A$$holes, and it seems like every A$$hole has one.
"Rads tech isn't out of this world and several companies are ahead of rad" Knightscope, Cobalt, "among others". THAT'S ACTUALLY FUNNY. Listen, if one wants to invest in a 300lb rolling trash can that runs over kids in the mall......by all means, Knightscope is for you http://www.huffingtonpost.com/entry/security-robot-toddler_us_57863670e4b03fc3ee4e8f3a and as far as Cobalt, they manufacture indoor robots with limited capabilities....they cannot be used outdoors. RAD security bots can be used outdoors, by law enforcement, and will be used as emegergency responders. While there is always competition in any sector, i'm not worried.
Well, there you go. You don't get much more proof than that. I agree with you. We just need to stop responding to this guy, we know there is ulterior motive. It's stupid.
Some people never get it. Back in 1994, you probably would have said "I don't know about this book company, Amazon......they operate out of a garage and have little money coming in". "How will they fulfill all of those orders working out of a tiny garage". "That's why big money isn't investing here, looks like a scam". "I will wait for proof that Amazon is the next big thing". Bwahahaha. THAT's why some people don't make money.
If RAD is using microchips from NVIDIA, I would label it as a partnership of sorts. However, if we want to use your definition of a partnership.....please post the deceptive statements by OMVS pertaining to such. I believe that OMVS has only PR'd about showcasing the robots alongside NVIDIA and about the use of the microchip. You are overreaching and making false statements. That is what I call being out of your element on this board. Most see right through it. I know I do.
Food for thought....OMVS has not PR'd that they acquired Rad Robots, they PR'd a Letter Of Intent which is routine for a reverse merger. The RM will close before August IMO. The corporate changes are most likely the reason for late filings. "OMVS is without money and has debts due as well as notes". Mostly ALL public companies/shells used for reverse mergers have no money and little, if any business operation. OMVS is now simply a vehicle for RAD to use to gain access to the public trading market. It does not matter if OMVS has money. I think this has been explained many times before. As far as debt/notes, much of OMVS debt has been paid down....most likely doing so preparing for this reverse merger. Whatever little debt there is now, it was probably less money than RAD would have had to sacrifice for an IPO. As far as NVIDIA and RAD.....NVIDIA has retweeted messages from RAD basically confirming their robots are being powered by NVIDIA's microchip, and its been posted on IHUB in the past. One must PAY ATTENTION. That is a PARTNERSHIP. I do not know much about the partnership with Verizon, but we will probably find out soon. It has something to do with emergency response. As far as dilution.....visit some trip zero stock boards to see and talk about, dilution. NONE HERE AT OMVS. Your post is just so far off base it's amazing.
You mean that people that become millionaires don't wait until the stock has already ran up tens of thousands percents to buy? LOL
I really wonder how some of these "intelligent" guys manage to find our message board LOL. At the very least, before posting one should know the basics of how a reverse merger works. Don't ya think? LOL
I agree! Great video! What company would'nt want to save a minimum of 25% off of their current operating expenses? The potential here is staggering....
With a profit of $8M divided by a guesstimated 25M O/S would give us an EPS (Earnings Per Share) of .32 and for the automated intelligence sector, we could easily use a conservative multiple of 20x...which would give us a price of $6.40 per share. Keep in mind, the 20x is actually a conservative multiplier for this sector. With a start up company like this, with plenty of room for growth we could see double that figure. I like the fact that they made a deal with the biggest security company out there, they caught the big fish with their first try.....now the rest will be like shooting fish in a barrel IMHO. This will be a Nasdaq stock.
EXCELLENT find!!! Yep...looks like you were the first to spot that. Nice DD. This is especially exciting considering Allied is the #1, largest security company on the list 4.8 Billion in revenue for 2014 http://www.securitymagazine.com/articles/87612-2016-top-security-guard-companies this is an ENORMOUS DEAL! Today's trading should be fun! I think I will have trouble sleeping too! GLTY
Not sure I follow.....what do you mean?
Reverse merger AKA Reverse acquisition AKA Reverse Takeover AKA Reverse IPO. They are all one in the same and are executed the same way. The private company ends up being the majority shareholder of the public trading company, and the public company is deemed as the "acquirer" for accounting purposes. https://www.law360.com/articles/904096/a-look-at-market-trends-in-reverse-mergers As far as the possibility for the O/S increasing over threefold, I think UF addressed this perfectly.....not going to happen. This is a merger of value, not a penny stock diluting scam. Look at who their partners are. All is good.
Shawn, here is another article that explains it quite clearly and I thought it would help you out https://www.grantthornton.global/en/insights/viewpoint/reverse-acquisition-by-a-listed-company/ If you read that link and then read the 8k again I think you should probably get it. Seriously though man, you need to get some shares here....GLTY. Your pal, Hestheman
Exactly. Basically what this means is that RAD will be providing demonstrations to potential clients to show them the real world applications of their product (security robots). My guess is that these robots will practically sell themselves. Big $$$ will be rolling in.
"Nil volume.....but heavy dilution".....LMAO. Thanks for that info.
My post was not serious.....I was taking a jab at someone else (whom i'm sure you've read his posts) I have been in on this stock before the RAD announcement.....I am long on OMVS and holding. I do not see another penny stock with as much potential right now as OMVS IMO.
It is a definite possibility at some point.....as Nvidia is investing in many AI startups https://blogs.nvidia.com/blog/2017/04/26/nvidia-six-startups-gpu-ventures/
I don't own any shares here.....i'm just on this board to post about all of the dilution I see every ten minutes and to tell people to be careful. Disclosure: I am trying to trash talk this because I cannot afford shares over .02
Doesn't look like it. Any traders with experience wouldn't hold this POS. STILL ROOTING FOR YOU!
For those that do not quite know exactly how a reverse merger works http://www.legalandcompliance.com/reverse-mergers/ as you will read in this link, generally the first step in a reverse merger is a letter of intent. The reason this stock has not ran on the news of the letter of intent, is because many times pink sheet companies issue press releases with non-binding letters of intent to do different things, perhaps acquiring a company or reducing share structure etc. and many times those non binding letters of intent end up not being worth the paper they are printed on. What we have here with OMVS is a binding letter of intent, in which there are some binding aspects of these merger contracts, which would most likely financially hurt the owner OMVS or of RAD should either try to back out....or result in legal actions. You very rarely see a binding LOI unless the reverse merger is legit and ready to close. We have around 90 days. The PPS will most likely fluctuate so I do not keep my eyes on it every minute. You have to wonder about the motives of some that may state they do not own shares but are keeping an eye on the PPS EVERY SECOND. They know we have 90 days before we get the actual confirmation of closing. It's sad that some do not have the trading skill to be in on a play at the bottom so they try to cheat others and talk smack about a stock to bring PPS down so they, themselves can buy. I have been doing this a long time and I have never needed to do that.
I still believe this will be one of the best reverse mergers in recent history. I will be buying the crap out of it over the next 90 days, guaranteed.
If 350 million shares were traded and the PPS hasn't skyrocketed....I would be concerned. Could be major dilution. Also, just a warning....do you know how many stinky pinky companies say they are going to uplist or become fully reporting but never do? Also, if 5 clinic acquisitions were being announced why haven't I seen a letter of intent and why hasn't the PPS gone up any at all? I am just afraid people will lose money here. I HOPE I AM WRONG. I really want to see people succeed here. I'm just glad I do not have shares. Risky business. Whew.
If that was true....why is it not 5 cents now? Stocks with that much volume should be going higher in a matter of seconds. It seems like this is just lost money. I've just never seen anything like it. Help me understand. I am just stopping in here because someone wanted to know my opinion on ETBI....unfortunately I had to tell them I don't see it as a good stock. I am still rooting for you!
rickotto.....I can see you are very high on this stock, but I just don't get it. Who are your "boys"? If a road map for huge gains was being built here it just seems like everyone would be buying and I'm not seeing it. If ETBI is so great, why is it not trading at .10 or more by now? I'm glad I don't own shares here....but I am rooting for you I really am!
Rick....concerning OMVS putting out RAD press releases....it shows me that in most likelihood a reverse merger deal has been finalized, and it is perfectly fine and legal for OMVS to release PRs relating to RAD. In a reverse merger, the target company becomes a subsidiary of the acquirer (in this case, the acquirer being OMVS) my theory is that this has happened......so OMVS is within it's rights to release PRs for it's subsidiary. The only thing we are waiting on now is for the 8K to drop detailing the targets merge into the acquiring company. We would then see name/symbol change. You are right, the risk/reward is huge....I just happen to believe that things are going as planned as opposed to believing the CEO of OMVS made up a potential merger and is releasing fraudulent PRs. Think about it. People go to prison for that. I believe OMVS is on the up and up. Also, this article referred to RAD as a subsidiary of OMVS. I don't know if whomever wrote the article is privy to more info than us, but it certainly confirms my theory, if true.
Daytrader, there was no "research". You sold. Fine. So move on....
SPORTYNORTY.....great to have you aboard. That is confirmation big money is going to be made here :) Anyways, you are right....as veterans here, we both know this wouldn't be anything other than a reverse merger. Look at OMVS's last financial filings, they were a struggling company (albeit it looked like they were settling their debt and cleaning up) and they foresaw no profit ahead. The only interest a company like RAD would have in OMVS is a reverse merger. It is common sense. Also, OMVS is not a shell....and is not under shell status with SEC, which means when RAD reverse merges into it, they will have a faster move to the big board (Nasdaq) as you mentioned. OMVS holders hit the lotto here IMO.
And after R/M is officially announced.....who knows where this will trade at. Fact is, you cannot find any pure AI stocks trading under dollars. We bought shares in a company that was barely a going concern/reverse merger candidate hoping for a decent reverse merger, what we will be getting is an artificial intelligence sector stock (RAD) merging in that has 50 fortune 500 companies in their sales pipeline, and was called "innovative" by fellow AI multi billion dollar giant NVIDIA. When merger is finalized, this will be like hitting the lotto. Many are beginning to catch on....
There was a reverse merger play many years ago....LFZA. That stock traded at .0002.....there is a story of a guy that bought a million shares for a mere $200. The stock ran to .05 and he cashed out making $50k, and feeling very good about himself. LFZA later ran to .84! This investor said he literally puked he was so sick about it. After all, the guy could have made $840k. Did the guy make a good trade? According to "Trading 101", he did. I am all for taking profits, but looking back on it I am sure many people "flipped" LFZA (with many millions of shares) for PEANUTS, like at .0004 or .0005 for a few measly hundred dollars. How do you think THEY felt? Moral of the story is KNOW WHAT YOU OWN. Sometimes it is okay to flip for a few hundred dollars gain. With a stock that has the potential of OMVS you hold for the BIG SCORE. Real players know the difference.
I am thinking it could be announced literally at any hour. From their PR not long ago OMVS announced they were in advanvced discussions for a "strategic" transaction (strategic being a key word, often describing reverse mergers as they are strategic in nature) and the past two PRs have been about RAD's business developments. I have seen this before....I think this is already, basically, a done deal. This will be a legendary reverse merger play IMO.
Exactly! Plays like this come along once in a blue moon in the penny stock market. This is a great business/sector to be reverse merging into OMVS, and the share structure is unreal. This will go to double digits quickly as more see what is unfolding here. Investors were very fortunate to get in at this PPS and under IMHO. This could easily be a future Nasdaq stock.....
http://www.gurufocus.com/term/pe/IRBT/P%252FE%2BRatio/iRobot%2BCorp and with a PE Ratio of 41.10 X (it's lowest ever PE ratio was 13.06X) its easy to see how OMVS could reach over $10 per share in time. I bought this initially on the share structure and CEO change alone.....now it has turned into a potential goldmine. GLTA
One of the best potential reverse mergers i've seen in quite some time IMO....
Wow, I didn't know I still had this one. Pleasant surprise I still had 150k shares from when I bought on the cheap. I bought for the share structure alone if I remember right. Anyways....if RAD is the company merging in.....this is a groundfloor opp of one of the better reverse mergers I've seen. GLTA