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For anyone new, the business plan is sound and the product is proven. Your research must go back over the past two years to understand why we have slide under 2. When current the increase in sales will come along with a higher share price. Downside is limited at this price. Upside is easily a double but with the share structure could be multiples higher. If you have questions just ask.
What is the profit margin on a single bottle? If you can show me that it is $1 or more then I'll eat my words. All I am saying is that millions of dollars or revenue are great but if that revenue nets $100 after costs then what did you gain. I am hopefully that Christie can carry the product, but I'm worried about pricing until they can achieve higher volumes. I am sure many people will enjoy it, but my wife and I did not. Sorry!
It is selling in PA too. I'm not disagreeing with that. PA is practically out of it however the deal they made nets the company cents. It is a strategy that can work to penetrate the market however when they increase the price the demand could vanish. Let's see some financials to prove or disprove this.
Do your own DD but here is what I believe. I live in Pennsylvania which was where they reported a record sale. The problem is that I believe they are giving Bellissima away in order to try and launch future sales orders. So yes, I fully expect record revenues but the costs of goods will be higher than sales. So none of the sales costs will be covered. I also purchased two bottles and they are not good. Could just be that I prefer real wine, but please try it for yourself. I asked the purchaser if they are getting more and he said no. It was a one time thing. He couldn't even order me more if I wanted it. I encourage everyone to do this. I do not put any value in this product. Doesn't mean this stock won't go up but I believe this to only be a flip opportunity. Best of luck!
Who keeps getting all the 2's? My order has been in since two days ago and still no fill. Please sell some more...the sky is falling...runnnnnnn!!!! He he!
If that is true then I got a Benjamin here so find me two turds. Anyone with a new idea can generate interest and move the price off of the basement.
Wow $35k is pretty reasonable. Do they assume the previous outstanding liabilities/debt of the shell?
I'll take the under if you are saying only one Q. That is a pretty low bar to set since he said all Qs in November. Put me down for a grand.
How does one acquire a shell? I mean we hold shares so do they just need to purchase one more share than 50% to have controlling interest. Or do they just purchase the company and automatically control all assets including the shares? How do some people make a living acquiring shells and resell them? How will we come to know how much was paid for the shell?
Well that sure helps the chart look much better. The sky is no longer falling. Bring the Qs and we have liftoff! No more cheapies
Am I seeing that right? Bid is more than 10 times ask volume? Looks like we might be approaching go time.
The retirement of the shares was already built into the share price. Those were not float. The drop in price was due to the delay in getting current. IMO they should have given him until the end of November, but to each their own. Accumulating under 2.
Why is a shell at $0.0001? Is that your question? Seriously?
Best answer is that this Entertainment Group isn't entertaining anyone at this point. FILM is long gone.
Thanks for the 0.015s. Now I'll take more at 0.01.
You are not making any sense. The outstanding shares are owned by the holders of those shares. Me being one of them.
The shell was controlled by Cvetojevic and crew but is being transitioned to new management. Smith can come in and do whatever the hell he wants. That might mean RSS or not. Either way that does not change the market cap. His business plan will tell us the road ahead.
How can you not agree that a new direction will equate to a new valuation. Sure, there is risk of massive dilution followed by nothing, but why does new management not deserve a chance?
You have absolutely no proof of Mr Smith being a part of any scam. Please provide a link for us all. Otherwise your claims of every pennystock being a scam is hilarious. Everyone knows there are reasons we are at $0.0001 but scam is not one of them. All we need is a plan and we move.
Not only is that possible but it is probable. CEOs of pink sheets often struggle through the basics because they do not appreciate how long paperwork takes. Too many speak before they know. I mean they would be Fortune 500 execs if they knew everything. Plus they don't have the legal bankroll to stay ahead. Unfortunately pink flippers usually lack patience and think everything is a scam. Hilarious!
No one seems to be heading for the door today. I really thought this would be a buying opportunity. Oh well, my bid is in, let's see.
The upside still greatly outweighs the risk. He could come out and say he is making a bridge from the US to Europa and the price would go up. Maybe he will embark on a journey to find the Loch Ness monster. Who knows, but well worth a lottery ticket. I'm saving some powder for the run though, of course.
We need more vulnerability assessment PRs. Some may call these fluff but they are very good for a young business like this. I am only talking about the cyber security business. I know this company has a jaded past but my investment is not based on that. I want more hospitals in TX then start branching out once some contracts are signed.
If they want out bad then they have an hour to hit the bid. Gobble gobble gobble!
Probably see lots of selling this afternoon since we are now in uncharted waters. I'm waiting for one more tick lower to pounce.
Did the unlimited 4's just become unlimited 5's?? Or did our seller disappear?
I don't think this is dilution. I feel more like there is a player with $30,000 ping ponging 100M shares back and forth between 0.0003 and 0.0004. Could be playing both ways even. Hard to say.
Dilution at this level doesn't make much sense because if they wait this thing will rise and they can get more with less shares. Now if it is someone with converted shares from 6 months ago then I don't call that dilution. Someone is just recouping there investment. Sounds like the norm to me.
I would really like to see any doubters just move on. It is the end of October. You gave him enough time to get current and it didn't happen. Just sell and move on. I'd rather have your shares in better hands prior to any move north. Even if that means I gotta buy them at $0.015 with a big paper loss on my books. Please sell as soon as you can since I have some more powder loaded now.
There won't be any 2's. The wall of 3's is solid. Only a few slaps of 4's and off we go
The report is nicely done. Depicts the reality of the threat and large revenue opportunities. Points towards a base of $5M in revenues which should be enough to get us to $5M market cap. Only a matter of time now.
As far as I can tell they still have a little over 2.5B outstanding shares. Anyone have proof of a number higher than that? Thanks. So a little over a $1M market cap for a company with in hand agreements for more than that. Definitely undervalued even if those agreements are with related entities. The first hospital contract will prove the company's worth. I'm not concerned at all...
48M gets the one tick flippers out and then we run. GLTA
No company files reports early. Especially ones having trouble delivering on time. Anyone who expects FNHI to be current in October is illogical. I was hoping for one of the Qs just to prove progress but that was just me wishing.
I don't rely too much on CEO timelines. Been disappointed too many times. Everything moves slower in pinkland even though investors want it all at once. That hospital PR is all I needed. As long as the business moves in that direction then I have a belief that this can one day be a $1B business. I think about Lifelock and these other identity protection services. This is headed that direction. Could even be bought out by a larger security company at some point. Of course in all reality it could fail to generate sales as well, but well worth the risk in this hot sector.
It won't take much to move this one. I am actually hopeful that a business plan will accompany a RSS. Get us down under 1B and then we can run.
Garden, this was all discussed during the CC. Kodiak had some of their shares which they unloaded. That is why we went from 3 to 2. We can't get back to 3 until we get current. After that things will start to fall in place. I believe we go over 4 this time though because of the improved SS.
I can't wait to see more on the bid than the ask! Keep giving me some cheapies!!!
I think we can all agree that if somehow 308 million shares appear to fill the 2 bids then dilution is happening in mass. There were really not all that many 3's available today compared to the volumes we saw over the past few weeks.
Big day tomorrow testing the bottom short term trend line. Are we on the next leg up or headed to a new bottom? GLTA
This is the type of news that I have been waiting for. This type of thing leads to real sales in the software/IT industry. Keep these CVAs coming. I'll be on the bid all day tomorrow if anyone is selling 3's. Mark this PR as the starting point and see where we go from here!!
Why are we even putting so much emphasis on this patent? The latching mechanism is not all that earth shattering. We have an outstanding product that is competitively priced. We will grab market share.
Now the patent applications for the Alpha Helios is a different story but one that is several years away IMO. Can we please practice some patience though? Let's just get current in November and then work on sales of the current product before we expect anything from the next generation cover.
Again, my question for everyone here is, what level of revenues are you expecting in the Q's. I heard one naysayer say "negative revenues" which is not a term I have ever heard. If you mean bottom line then yes, we are losing money. That is obvious! I saw another post today about something in the $50-300k range which sounds reasonable to me and an excellent starting point for valuations.
Do you share an office with Garden?
Do you are expecting $0.00 in the revenue column for both Q's? My understanding is that sales in Canada are stronger than ever. The PP is needed to ramp up US sales. We are still able to fulfill small POs in the US though. So we could surprise people on the sales figures and cash assets compared to low/no debt.