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Wow, what a dive it took. On no volume, there is nothing to bring it back up real fast. You have to almost shut it off and don't look at it again until April. Then shut if off again and don't look until June. Then again in August. Look at it three times in the next five months. :)
I don't understand why it's even legal. I hear people make the argument that they are the watchdogs or protectors of the market to keep it in balance. It's completely false. They could ban shorting completely and instead add a few more regulations for transparency and such. You'd have better watchdogs and protection.
I don't know how much the market makers would like it if there weren't any shorters. Isn't that what they do?
Imagine what people who were shorting the stock were thinking at that same moment. Probably getting ready to jump off the ledge.
Actually...you know what happens with alternative energy in a down economy? Everyone screams for it right now and the monetary and economic pressure are so great that progress surges forward.
You know what happens in an up economy? Everyone is making money and pays no attention to how much they are spending, thus slowing progress in alternative energy.
You know what happens in this economy specifically? Everyone is screaming for alternative energy, providing the basis for strong initiatives. However, as we grow out of the recession, the requests for alternative energy will not disappear for two reasons: tensions in the Middle East aren't decreasing, and there is now strong financial incentive to build alternative energy solutions. It is finally profitable to build it.
That's the key: it is finally profitable to build alternative energy solutions.
The SMS texting seems like the medium they are using to put their patented system in play. The text message merely initiates the entire process that connects the customer to the business. But it doesn't have to be a text message. It could be a button on a website, or an icon within a mobile application, or a text message, or a trouble ticket feature. Not saying SMS isn't important, it is. But more importantly, the technology still persists when text messaging evolves into another form. It's that back-end wizardry that makes the connection actually happen, not specifically the text message itself.
Front page of Google without a nickel eh? I might pick your brain about that one day. That sounds like a valuable skill.
Oh, you don't pay Oprah. You send it to her, and if she likes it, she mentions it on her show. The idea of a squeegie being an item she likes seems like a stretch, but who knows. I won't rule it out completely. I'm not an Oprah guru.
It's called the Oprah Effect and it is a really interesting show:
http://www.fancast.com/tv/The-Oprah-Effect/104557/full-episodes
What is the poison pill? I'm not familiar with the term in investing.
Could you elaborate on the poison pill? I'm not familiar with the analogy. I don't want to miss something important in your post.
I can't comment on the second part since I promised I wouldn't. I will comment on the first part of that post though. I believe the patent is worth more than the entire GO800 service. The intellectual property involved in successful patents that pertain to the telecommunications industry are digital gold.
You know the one-click checkout button you see on websites? That is patented by Amazon. That means that every company who has a one-click checkout button, such as Google, PayPal, Apple, etc., are paying a royalty to Amazon. It's almost not fair.
One-click checkout infrastructure vs. one-click customer support infrastructure = very similar concepts. Think about the similarity there. SMS texting doesn't even matter.
Yeah, you'll have that. Everyone is a bit on edge right now which is perfectly natural given the roller coaster we just got off of. I find it surprising that this is the sort of product Oprah would endorse. Who knows though, I'm not Oprah and I've never been to a show.
I did see a special about the companies she endorses though. Absolutely fascinating. Companies send her products again and again because she has a Midas touch for anything she endorses. This one icon is so influential that companies have gone from struggling to overwhelmingly successful literally overnight.
I'm not one for predictions, but if a product appealed to her and she endorsed it, sales will balloon out of control immediately afterwards. She is the only reason I'd ever consider getting into the scented soap business. She loves that stuff.
That's a good answer then given the current situation. I'm not a big fan of time frames, but I just kind of threw that out there anyway. The biggest factor is just continuation of business plan.
I'd be more interested to see the management layout a roadmap of their plans and then watch them execute it in checklist fashion. To me, decisive execution is more important than anything at this time.
I see what you mean. This scenario then hinges on whether a reverse split happens or not. And with the ballooning of shares, reverse splits are a low hanging cloud.
Would the reverse split have an effect on shares held by the executives?
Certainly something to be weary of. Do you think it was a failure of the buyer or seller in that deal?
Really? so the MM's could just trade amongst themselves all day long if no one placed a single trade?
If volume of trading is an indicator, this dilution started late February. That would coincide with the buyout situation.
I don't know. Would the share structure have made it favorable enough to the management to do it? Now they might be getting 8 figure paycheck. Before, it may have only been 7. Honestly, I don't know the answer to that. I'll keep that question on my list of variables here.
Hmm...good question. I think it was worded the only way you could word it. Buyout approved, shareholder votes not needed, agreed to outstanding shares of 0.01. If they mentioned the dilution there is no way you could spin it to sound right.
A reverse split wouldn't exactly help the execs either though if their shares are going to be worth 0.01. Here's my conservative estimate based on the scenario we presented. Again, this is all if this scenario is correct, and the numbers should provide some insight.
Dilution to 14 billion shares. If every share is worth 0.01, that's $140 million. But, let's say one third of the shares are owned by the execs and two thirds are on open market and we just average it at 0.002 for discussion. Let's say the buyer successfully grabs one third of those at 0.002 and shareholders own the other third.
Execs: 4.67 billion shares x 0.01 = $46,700,000
Buyer: 4.67 billion shares x 0.002 = $9,340,000
Shareholders: 4.67 billion shares x 0.01 = $46,700,000
Total cost to buyer: $102,740,000
Are these numbers realistic? Is that purchase number realistic for the machinery, contracts, and patents?
It's also possible that we don't have anything close to 4.67 billion shares as shareholders. The buyer might already own 6, 7, or 8 billion. Who knows. And the buyer may have purchased that well below 0.002 since that spike only came recently. The scenarios can range from a purchase price of $50 million to $140 million.
Thoughts?
I would like to pose a question if you don't mind. My research concludes a pretty similar summary of what is happening. It looks good. What sort of timeline do you think we're looking at? This always seems to be the big question with alternative energy. Progression is great, technology is great, debt is adequately addressed, even upgraded listing is desired. So how long do we expect to take to start generating revenue and reporting results? Pennies don't matter right now since the stock will ultimately move once they are in full operation.
Haha, I know one board where most would disagree. But I do my best, so thank you!
Whoa, I lost you there. Can you explain the 1:10 reverse split? That would be bad for us.
I'm glad to hear some independent conclusions are aligning. Also, I know this is right on heels of a sizable spike, which of course attracts the short-selling sharks. That's a reason to hold it down right now. Not to bad for the buyer either.
If our conclusions are true, and the buyout plays out as we think it may, you're almost looking at the perfect storm. The good kind of storm, not the one that George Clooney dies in.
See, that's what I'm thinking. By diluting like this, it may have been the only way they could make the deal happen. The buyer might be buying at 0.01 per outstanding share, but they aren't paying 0.01 x 10.4 billion. The dilution allows the execs to own more shares and get a better payout. The dilution allows the buyer to obtain a bigger % of the shares prior to the date of sale. And we, as shareholders, are simply going to get 0.01 for whatever we have.
I am basing this on the fact that the history of the company has not been shady. If they are, then this all goes out the window. Otherwise, it's actually looking pretty straightforward here.
It actually went through as a sale at 0.11? Wow, I figured a typo wouldn't actually sell.
Has there been any instances in the past where this company had completely mislead the investors?
I think this would be a pretty strong evaluation point for the situation.
I don't have an ESR number, sorry.
So it is a transition of investor relations. It's a positive natural progression. Yet more good news.
Is anyone still following this stock closely? I see some new news and the charts and it looks like they are going to be reporting some more on operations over the next couple weeks.
It'd be crazy to expect anyone to buy in if they are negative. Unless you have been here since sometime last year, it's probably not that attractive right now. I'm pretty sure it will in the near future, so even if you aren't in, certainly stay tuned.
We don't know exactly when the new shares started showing up do we? We just know it was sometime after the Sept. 30th financial report.
So I now have on my radar:
GOIG
SOMX
THRR
TDGI
AZTC
This is great, we have something to discuss. I'm already split between GOIG and TSHO, but I think both of these are at an equilibrium point for the near future.
I'll pay close attention to SOMX as well, and am currently researching myself to death on THRR. THRR might be a flat out 5x ROI within a month of now. However, I'm looking at all the legalities surrounding buyouts.
I do hope we can continue discussing here. Don't want to lose this group just because TSHO is paused at the moment.
It's tough to thumb through past posts though. So if you get frustrated looking for anything, don't hesitate to ask. Lot's of informed people are still around and can speed up your DD. I think most of them are bored anyway.
I'll give you one piece of info right now that I find extremely important: The CEO, Luniel de Beer, has delivered on or surpassed every promise he has made to his shareholders. And he has done it within the time ranges he assured. We've never missed a deadline.
Fair enough. I won't say a word about it again. To those who gave me some insightful public and private replies, I appreciate the input.
You are correct, but I'm only talking about the short code, nothing else. Anyone who leases a short code has to pay for it. Look here:
http://www.usshortcodes.com/csc_get.html
This organization charges $500 or $1000 per month for a lease. However, they also disclose that it does not assure that the wireless carrier will support it. You then have to sign additional agreements with each carrier. Also notice that GO800 nor GOOGLE are listed in this organization's directory,
Short codes are exactly like website domain names and 800 numbers. You lease the string from an authoritative registrant.
Tradeshow Marketing is a Steady Eddy. This is a pretty positive situation given the rocks we just came off of.
That sounds like a pretty viable reason. Market pressure dictates quite a bit. Verizon even caved to the Android platform which is developed by a company they absolutely despise.
As for revenue sharing, companies pay for short codes. So GoIP, as with every other company, will pay some sort of monthly fee to keep the short code operational. I suspect that Verizon is simply asking for an absurd amount and they are working on a happy medium. Meanwhile, the service continues to operate in the testing phase.
Ok, so this is only a hypothetical situation we're talking. Just for anyone else watching, don't want to start a panic.
GoIP signs contracts with the carriers where they agree to pay x amount of money to the carrier. GoIP goes to Verizon, and Verizon says that since they control nearly a third of the market, they want 5x for the same agreement. GoIP says no and they temporarily halt the discussion.
Once GoIP launches, and they have a handle on their revenue, they can then go to Verizon and say they will pay 3x, but not 5x. Verizon, who is losing out on money each month at this point, then comes back and agrees or counters with 3.5x or some derivative.
Meanwhile, as the negotiations are going, GO800 works on 2 out of 3 phones. That means that out of the customers who see the keyword on a billboard and text GO800, only 2 of the 3 function. That's 1 out of 3 people that will likely not call it again anytime soon.
This would certainly delay the increase in PPS more than if this situation didn't exist. Why would this not be a plausible effect on PPS?
Does anyone have a contact at GoIP Global that they can call and ask exactly who is in contract and who isn't? Maybe the 5% is just some small carriers that they will address after the big ones. I really only care about the big four, in particular the last one which hasn't been named yet.