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Yeah, but we'd all feel better if we had a bid!
Isn't this Banana Box PR a rerun?
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This has taken much longer than I initially thought but content seems appropriately timed for a Merry Christmas.
G'ruck!!
#3...will it be millions or zeros?
Late 10K
Has to be dollars right? They've been DOA for a while.
27,860... new 25 day high on volume. The storm is coming!
Trickle volume showing up starting this weeks NY show. This will be 5 bucks in a heart beat...proby this week.
I picked up some TV.
This appears to be reversing and it's completely baked...so says the chart porn.
Still have another week before the NY auto show. When the exposure gets attention, todays price will not be available.
Seeing some interest beginning to trickle in...and I do mean trickle...lol!
NY Car show coming up!
Dog N Pony show this week. Let's see if Mark can pull a rabbit out of his hat!
I don't believe INCT has any DTC listing, so saying who dumped what is conjecture.
Since the OS is 4B and not 25B like the Authorized, there would be no reason at this juncture to RS
IMO.
BTW...for all of this board's followers (LOL)... you can get filled by placing your orders around 5-7c over the Bid...no need to pay that huge spread on the Ask.
Keep in mind that the S8, and the expected action from it, is not like a press release. While it did shake a lot of trees, it is only the window of things to come. They are putting things in place having been completely under the radar for a long time. Certainly a few more weeks won't be so bad if you put this into perspective.
Hang in there.
From what I can see in the February Form 3&4 filings, the holders, I'm sure, would like to get paid. To that end, the recent press releases, from 3/7, should help drive some interest. They absolutely need buyers to step up or their sales would grind the price into the ground. I don't believe the company would reduce their valuation at this juncture.
I'm back in for a hold.
March 07 press:
BZ: From LD Micro Virtual Conference: Arcimoto CEO Mark Frohnmayer Says, 'Plan for this year is to tee up for 2019. During 2019, co. wants to be delivering at 10k vehicles per year'
BZ: From LD Micro Virtual Conference: Arcimoto CEO Frohnmayer Says Co. 'Absolutely plans to work with with ride-sharing platforms like Uber and Lyft,' Notes 'Uber has stated desire to work with co. on Uber Eats delivery fleets'
BZ: From LD Micro Virtual Conference: Arcimoto CEO Frohnmayer Says Co. 'Absolutely planning to attain international partnerships'
Arcimoto Founder and President Mark Frohnmayer to Present at 30th Annual ROTH Conference
Sooo quiet! lol... the calm before the storm, I say. Stay tuned!
No Casino's please! LOL
Thanks! Good to hear you've done well and survived the jungle. I don't profess to have any knowledge beyond the knowledge that I need Not to have my butt kicked and know why. It's the skool of hard knocks, right?
There is someone else that has posted here that is much more knowledgeable about all this than I and I am patiently waiting for him to return.
Other than that, we All need LadyLuck !
Go INCT!!
Maybe we should rename the board to the "wait and see"! :)
So the practice of using shares as part of the compensation is pretty standard across most stocks, from INCT to Apple and has been for many many years. It's not new and it has nothing to do with politics. But you are right, we will wait and see! Good luck!
IDK folks...I think it's far from over. Let's take another look see from the S8.
The Company's Authorized capital consists of 25,000,000,000 shares of common stock, $.001 par value, of which 4,161,506,596 shares were Outstanding as of February 6, 2018 and (excluded 10M preferred shares here)
So the Float should be less than OS and they can't put more shares into the market unless they file to do so.
The S8, in and of itself, states that the shares are payment for services provided to the registrant.
Those services are forward looking, as in not yet completed.
Most of their filings appear to have been made timely and in order even through the transition to Wyoming.
They appear to have been testing the waters to gauge the audience.
And let's look at par value;
"Par value is a per share amount appearing on stock certificates. It is also an amount that appears on bond certificates. In the case of common stock the par value per share is usually a very small amount such as $0.10 or $0.01 or $0.001 and it has no connection to the market value of the share of stock".
So if the S8 shares are being awarded as options or grants, then they are getting them for the same price that You are since we are getting them way down here ~.0001!
I think that's effin awesome!
Now all this is my conjecture based on the info that is out there and I believe if they build it, more will come. (korny I kno)
I also believe what we've witnessed recently are buyers and then sellers with the "if I ever get a chance to dump these" mentality. Which I completely understand as it's crossed my mind. lol But I kept my shares and added the day after the S8 was filed because I've seen similar go to nosebleeds.
I'm waiting for the mail hook.
And as always, "only you can start a forest fire".
I get all that, I really do, But the fact remains that it is too early yet to know if the family is holding or has sold. If I were setting my family up with millions of shares, I'd campaign it for at least a dime.
I agree that this behavior is like a sub-pennyslut, However, The S8 was for 2 billion shares.
If all of the family sold those shares it would amount to $200k. Now granted, that's not a drop in the bucket, but why not hold off, get the brokers pockets lined with money and shares and let them run it up, then sell?
Besides, if they had sold, it would all be over about now.
There is way too much irrational exuberance since the few days of time that the S8 was filed.
It's not a slot machine. There is no handle.
The time will come when Jack will need to be nimble...if you wait.
That info was clearly available prior to the S8. It can't be INCT's mistake if folks are just finding out about it.
No. ...they are for services.
And actually it doesn't matter what they are for. The shares need a market to sell into.
IDK...don't think par value is indicating what they would need to buy at.
A little farther down it reads;
"All common shares issued and outstanding are, and those offered hereby, when issued, will be fully paid and non-assessable, with no personal liability attaching to the ownership thereof."
I bet Varok could clear this up!
Here's a line from the recent S8:
The Company's authorized capital consists of 25,000,000,000 shares of common stock, $.001 par value, of which 4,161,506,596 shares were outstanding as of February 6, 2018 and 10,000,000 shares of Series A Preferred stock, par value $0.001, of which 10,000,000 shares are outstanding.
Actually, it provides 2bil shares to be awarded for services. They will be selling those shares whenever they want...So...It would be best for them to hold for the campaign to get the champagne.
Unless they want to dump into the buying on the FOMO. But I think they are smarter than that...
You can call this front-loading. It may be weeks before it goes to press, but you just can't beat this blue-light special opportunity.
Gee whiz! I never expected that when I posted the S8 the day after it was filed that it would go viral so fast. Guess that was a lucky spy!
After a very long quiet period, with price literally on the ground and an S8 looming, all I can say is NOSEBLEED!
Who can hold out for two-bits or more???
Monday will be a volume screamer!
Yes, I'm pounding the table!
Right?! When I saw that S8 I knew it was going to be a great year!
That would be great! So tired of watching the house flipper shows!
Thanks Varok!
Too cool! Talk about being in the right place at the right time. Sweet!
51mil so far...haven't seen that in a while! Looks like word is getting out.
Only have 221,447,129 more to go before its a double! LOL
I think this is the lowest priced (IPO) ever, right? Love this quiet under the radar moment.
Hey no prob, youre welcome.
Its an interesting filing being that price cant go any lower, right?
I guess the main ingredient is that those shares are useless unless there's a market for them.
I"m no master of ceremonies either, but basically it's authorizing more shares to be sold which adds dilution. S8's are for "employees".
Here from the filing:
The general nature of the Plan is intended to allow designated directors, officers, employees, and certain non-employees, including consultants, of the registrant and its subsidiaries which it may have from time to time, to receive certain options to purchase the registrant’s common stock, one tenth of one cent ($0.001) par value, and to receive grants of common stock subject to certain restrictions. The purpose of the Plan is to promote the interests of the registrant and its stockholders by attracting and retaining employees capable of furthering the future success of the registrant and by aligning their economic interests more closely with those of the registrant’s stockholders.
I believe the thinking is that when the S8 is distributed the promo begins. Somebody out here could likely do a better job 'splainin' it. The overall share structure suks, IMO, but jack be nimble!
"Performance" Bonus S8 filed yesterday.
Beef coming soon?
S8
Nope, it's a Space-X Heavy Rocket.
This came up again.
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