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Can’t seem to get anymore 2’s today. If you want a ticket looks like 3 is the best you’ll get. I already spent my December money or I’d be slapping.
If iHub was only for posting facts then there really would not be any discussions. I prefer to hear people’s opinions since it gives me more to DD. Besides, if we knew all of the facts then the price would surely already have adjusted to that information. Not much opportunity there. The risk is buying before the information is fact, but that is also where the reward comes from.
The solar cover will be worth more than the current market cap. We are drastically undervalued right now. I love it as it affords the chance to us to accumulate before the financials drop. I sleep well at night knowing what I own here.
Short term downtrend yes. 50 MA is down but 200 MA is flat. Everyone knows we are and have been at a solid base for weeks. I would love one more sell off to grab more but my bids have not filled for weeks. Excellent accumulation opportunity at this level. Limited downside risk versus unlimited upside. It will take patience but this one is coiling up tight.
And these safe stocks that did the RSS had a viable product shipping from a manufacturer and listed for sale on external websites?? I doubt it but if you name a couple I’ll look. I bet if they did they had a COGS higher than Revenues. You really believe that is the case here even though Rossi said publicly that our profit margin is much higher? Even the older financials show that the product has positive returns. Sure volume did not reach any significant levels back then but there has to be some risk for us to be at $2M MC versus $20M or more.
Most of us know that we are churning through the converted shares right now. Unfortunately that has full control of the share price. The minute that they stop selling it will run. I don’t think it will even be related to any PR. You can wait and chase in at higher but I personally like to accumulate at this level and just wait it out. Upside is 10x or more the downside IMO
I bet there is at least a half a mil sitting with CDEL at $0.015. Maybe more. Smart money is waiting for market reaction to PR and then pounce. Might not even be today. If anyone wants out then $0.015 is safe.
Looks like short money is dead money. Better exit before the squeeze. All the negatives are already baked into the stock price. Accumulation will continue until current and then liftoff. Very exciting end to 2017. $0.25 is not unrealistic for 2018. We should already be at a market cap of $10M in my opinion and if the plan comes together in 2018 we should see $20-25M.
The best part of the PR is not the “current in December” part. I prefer the last line. $1.5M revs is breakeven and scaling up will not cost more. By my calculations he already has enough product to get half way there and my guess is that he can turn that over more than twice a year. So $5M is a very reasonable goal. I just wish that he would have splashed in a little about the solar cover because that is what will take them to $20M.
5-10M is a good starter position IMO. Gives you enough to take out your initial and ride those free shares to the promise land. I guess if it is a ten bagger though then it really doesn’t matter what the commission was for the buy.
And $0.015 to $0.03 in one month ON NO NEWS. Not too shabby. Ten bagger potential for shizzle!
1M is hardly worth the commission. Now if you have 5M then I might be interested. I was going to save some powder for the run but if this is going to drag on then I might have more time to free some up.
I’ll take more 2s tomorrow if anyone wants out. I am confident in the potential and hopeful that this crew can sell. The first one is the big one and then momentum builds from there. Even if they break even on the first it will prove the technology and give them some quals to share with other potential clients. One sells two more and those two sell ten more and those sell hundreds. If anyone does any competitor DD please let me know who else is doing something like this. I have friends at the nearby hospital so I am trying to see if they had anyone do a vulnerability assessment.
If you want out I’ll give ya $0.015 but nothing more right now.
Agreed. Excellent buying opportunity in this range. Purchase orders are being filled as we type. Fluff PRs suck but real revenues will move the price. We just need some lousy Qs to leave the station. MC of only $2.14M is a steal even if we assume only $0.5M revenues which is only two containers worth and Rossi indicated that there will be four. Yes, we know what we own...thanks!
Loading 2’s. Thank you!
Was it a fake ask? Seems to be gone on my L2
$0.03 is next. Getting exciting now. All aboard!
IMO we breeze through 0.0002 on any news. Anyone buying now should be waiting for more than just a double. Hopefully everyone on the Ask will see the light and pull most of those before the run.
Per the video there were stacks of 18-20, 3 columns and 9 deep. There were other around the room as well. I guesstimated about 500 covers. I used a $200 revenue per cover since they cost $259 and up online. So that comes to about $100,000 revenues minimum per container. So yes, $50,000 sounds about right per container.
Did the MM go on vacation early? My L2 shows bid and ask as equal.
Next stop $0.03. Where after that???
Not many for sale at 2 so if you want to load before the run you might have to take 3’s. They will look nice when we are talking 10 or 20. I have been on the bid for 2 for at least two weeks maybe three. Haven’t got even a partial. I grabbed a few 3’s here and there. I am still hoping for some impatient sellers to drop 2’s, but it looks like the bottom is in.
This is not a one tick flipper. Anyone that buys should understand that patience is required but this one is unique because with most OTC management are diluting the shares constantly so the buy and hold strategy is not a safe play. Rossi has sworn off toxic debt. That doesn’t mean he won’t raise capital for operations but not at the rate of most. Most of the profits from sales will go right back into inventory to keep the pump primed. What you see in the video and pics is just the start.
$150,000 in revenues per container times 4 means $600,000. Now how many times can we turn that over in a year? I’ll guess 4 to be safe. That is $2.4M revs on a $2.65M market cap company. We should be well over $5M. I said $10M when current and I still think that is conservative. I’m calling $20M when we hit the $5M revenue mark. IMO
The selling at these levels must be from Northbridge Financial, Tri-Bridge Ventures and Rangemore Limited. They have about 1.73B shares which they will sell at anything above $0.0001. It is likely that they sold many of those shares during the mid October volume increase. One can easily see that over 6B shares traded hands since then. Very likely that they are done or nearly done. The 2.5B issued to insiders from August and September shouldn’t really impact the float even when they are unrestricted. I would suspect that there is another 200M share sent out there already to provide cash for operations but they should be restricted for sometime. Bottom line is we are fighting some dilution churn right now but when that lets up the demand will overcome supply and it will take off.
Aren’t 1.5B of those shares issued to insiders? If so then the float has not changed. I’ll need to do a little more research on those names. How did they get shares for the purchase of an asset. I had hoped that would give us some insight into who they got the software from but perhaps they did develop it in-house.
I agree that over dilution is bad however almost all OTC has some dilution. During this last quarter we transitioned to a new business and appear to have purchased software for like $150,000. So hopefully they secured enough cash now to execute the business plan. I am certain that that is why we are at this level but the upside has been magnified ten times. Only time will tell but I like the risk level at this point.
I agree that pennyland is a possibility with contracts, but those will not come until 2018. Unfortunately the hospital systems will need to experience a few more hacks that ransom their information before many will take this seriously. The contracts will start to come in next year but by that time the stock price will already account for those.
While everyone wants a quick buck here, the business plan is just not that. They will do vulnerability assessments and then try to ink deals with each hospital. There are 40 in that area and each would potentially be worth $120,000-300,000 annually for monitoring services. I would guesstimate that we need 10% of those to cover costs. This PR seems to say that we also get $20,000 for the assessment but that is not typical so we need to ask for clarification on that. Heck, if that is true then we can almost cover costs just doing assessments for the year. IMO this news is exactly what I was looking for at this point in the business plan. 2018 will be the year of tremendous growth!
You got my hopes up. I’m waiting for the fire sale and not these normal trading volumes. If someone wants out now then I won’t pay them what they want. Wake me at $0.015 and we can talk!
I’m still accumulating. I would love another sell off before the Qs. More funds will also come available at the start of the month. Going to be a nice Christmas!
Does anyone know what happened in January/February that caused this to run to 0.0004? I can’t really find anything significant unless it was just the MJ stuff.
Good question and one that I have not been able to figure out just yet. No, I have not found any patents. There is now a depreciated “Intangible Asset-Technology platform” which is not identified in detail within the Balance Sheet on otcmarkets.com. That is recorded as $143,750. Best guess is that they purchased equipment which can plug into a network for monitoring purposes and then can detect anything entering that network from outside of that physical location. They can then notify the staff onsite to check a specific piece of technology for functionality in moments this saving someone’s life that might need that equipment. All just speculation though so please keep digging and share anything you might find.
I personally am waiting for the first contract with a hospital to monitor their wireless equipment. I will be paying the closest attention the their ability to ramp up these types of contracts because I see this as their biggest market. They did a vulnerability assessment so far and that should lead to some level of a contract. Time will tell.
This looks good. The rest of what has been identified is relational to Steve and Influential Media Holdings. We have no proof that any of that will be a part of the new venture. Speculation builds interest but must be treated with caution. We also know that Steve led Sharkreach which took off like lightning but has since fallen delinquent. I think it may be safe to say that failed. EEGI holders believe that a second chance is in order. I for one am not looking to let any go at $0.0002 with the chance of pennyland, but to each his own.
I’m back on the bid. So if you want out then hit it!
Show us how/where this lie was communicated and then we can take it to Rossi to find out the story. I don’t trust anything posted on here at face value. I confirm anything with Rossi (good or bad). He does always seem to have his own spin on things, but isn’t that part of the job? If a CEO is always doom and gloom then boards will typically move them along in a year or so.
Why do some on this board equate Rossi being wrong on his forecasts to lying? According to my dictionary lying implies knowing the truth and saying otherwise. No one has any proof of that in this scenario. We do know that he was wrong a couple times. There is no denying that he never should have said “imminent”. I didn’t realize that OTC CEOs had to be perfect.
Hey Fink, call Georgia and tell them to head to Auburn cause they ain't shown up yet. I threw them into my parlay. I am sure glad you pick stocks better than football. Ha ha!