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Sidney Response
For the guys that are actually onboard here. No immediate gratification but read between the lines
I am preparing the big picture plan not so much for the investors but more for the guys with deep pockets. That is what we are doing. Complete the narratives and then announce. Like the announcement of Insulin Dose Adjustment, I do not have much expectations for reaction from the market. If there is great, if there is not, we will continue with our program
Best
Sidney
IMO from all my emails with him the Last part means I don't release news with the expectation to manipulate the market but if the news and plan is received well all the better in dealing with stakeholders. He is just very conservative with expectation due to the trading nature of the OTC. Again I think this is a cultural thing and how he views investors va. Traders. I did mention to him there is a growing subset of minority investors that do want to hear the plan and there is nothing we can do about traders. I think when he is done he will release what he is working on with the business rollout, platform and how it works
Short squeeze Friday with these MM's fighting on ask today
Up 85% on less than 2m shares. Will be .10 plus once people catch on
I will report back Sidney usually answers me after hours. Hopefully the way I framed it as a non medical person he will understand what I mean and how to explain. I told him how I understood everything we know to date publically so anything I am wrong about I am sure he will be quick to correct. I think he just has to realize a little bit goes asking way with formal communication. I think he has worked so long on his own he just did not think anyone cares till clearance happened. Just a mind set hopefully he can be advised by his counsel on
ACSM box gone. Volume ready to move it now
I asked Sidney if he would be open to a Update directly from him covering the things we have talked about and how it will relate to sales. Big picture plans of how the device and platform come together and explained in way non medical personal would understand. I think if he laid out his plans publically it would make way more sense to investors on how this will come together
Share Stricture as of this morning
Good morning. The share structure on 10/5/2017 is below. It appears unchanged from your last request.
Authorized: 2,000,000,000
Issued: 242,777,909
Restricted: 154,306,740
Have a good day.
Regards,
Johnnie
Johnnie Zarecor
Pacific Stock Transfer Company
Direct: 571-485-9999
It is actually a tremendous update the more I think about it. He is talking about the whole platform not just the device as a stand alone.
I would compare it to something similar to a pace maker monitor that sends data to your cardiac center for monitoring. You have the device, then you have the wireless or hard line transmitter that sends the data for review to Dr. If anything is off you get a call.
We don't know how this platform will work yet. The device will monitor the levels but how will the rest of the platform work? If we knew the answers then it would be on the market. Sidney has said from day one it's the platform that works with the device that makes this a industry changer for patients, Dr's, insurance companies and big pharma.
People on this board need to think critically not be so reactive. He has been totally transparent.
I think many miss the point of what Sidney said.
He is not selling shares he owns damn near all of them. The PP will not be done till his wife's and his line of credit is used up. He is funding the company not shareholders.
Most importantly he is building value with the product first. Those that can't see the value and all the positive comments from medical professional the last couple weeks on the value and need just move on. Everyone is just bid sitting. The last two PR's came out of no where. He is not telegraphing news for us. You just have to deal with that fact. I would rather have honest CEO with his money behind something than pumper CEO dumping shares at two to three PR'a a week.
This is one that will test your patience no doubt. If you need to flip to free up cash just do it. If not realize true value is being worked on. Gawd who know a group could come in a runnthis just for fun with how thin it is considering they know how it acts.
Things will happen. Sidney has proven he has deep pockets to the tune of 20 million so far. At least he is attempting to donit right
There was a filing to wind down last March I believe. I read it today. I am sure they kept filing to keep shell clean for a real company to slide into easily since they are also debt free.
Anyone have emails for either companies principles?
Update From Sidney
"We will also have our commercial roll out observed by a respected diabetes research institute with the intention to get the outcomes published like our clinical trial and pilot. It will consist of 2 studies. One for insulin-dependent diabetes patients with the commercial rollout and another one for non-insulin diabetes patients to follow. Will try to have parallel studies replicated in up to 4 others geographical regions. That way we set the stage for our global launch.e taking our time to complete the private placement. It will be done when the Company run out of the current credit line extended by my wife and I."
"We have a plan to get the attention of all the major companies that should have an interest in the ALRT Diabetes Management System. Just be patient.
"We are working overtime to put together material (videos) to explain how the full ALRT Diabetes Management System works so we can share our patented approach with the public. It is because people do not want to read any more in our sound bite culture. We are also getting our commercial launch in place with a target to start our roll out January 1."
"We will also have our commercial roll out observed by a respected diabetes research institute with the intention to get the outcomes published like our clinical trial and pilot. It will consist of 2 studies. One for insulin-dependent diabetes patients with the commercial rollout and another one for non-insulin diabetes patients to follow. Will try to have parallel studies replicated in up to 4 others geographical regions. That way we set the stage for our global launch."
"As soon as we have the proof of concept with the commercial launch and parallel studies started or committed, you will see how we will get the attention of all the stakeholders. Our goal is sometime in the first quarter of 2018."
"I am grateful for the support of the shareholders. Hopefully, we will receive more support when the full ALRT Diabetes Management System is shared with the public. In that case, it will give us a better hand to deal with the stakeholders."
Oh sorry X. I was being sarcastic about the DD and price currently should not have tagged you
Really one penny???? This is going to have a big run this week
CREE LED Agricultural Branding Partner
No other LED manufacturer is as stringent in their testing or keeps the bar as high as Cree for manufacturers who use their components in their products.
To be allowed to say, “Powered by Cree” your product must have successfully completed Cree’s Thermal, Electrical, Mechanical, Photometric and Optical (TEMPO) testing process, in addition to the special invitation by CREE. We at Spectrum King LED are proud to say that we are one of a small handful of companies globally to have done just that.
Cree Branded Partners for Horticulture Lighting:
Spectrum King Listed on CREE website
http://www.cree.com/led-components/support/cree-led-branding-program
Great DD thank you for compiling. Someone sticky that post
I am not sure where revenues were posted but it's significant
This is a great article . Link below but is a must read
“We think of ourselves as a technology company, a solutions company, not just a LED grow light company,” he said. “ The Cree LED alliance is a great deal. There’s not another LED light company that can say they have the actual chipmaker, a multi-billion dollar company, that’s supporting them and backing them with the technology. Every horticultural technology now coming out of Cree is passing through our desk, because we’re helping design it.
“Case in point: We’re joint-patenting some new phosphor to really basically output the sun,” he added. “Yes, we’re working on bringing the sun to an LED chip. Because at the end of the day, what spectral output has the best frickin’ relationship with every single species on this planet? The sun, baby. You didn’t have to go far to research that one. Just look up.”
https://mgretailer.com/led-grow-lights-spectrum-king/
I am rolling with Sidney on this one. I would not usually in the OTC but Sidney is not risking his 20 million on a bad loan. If he has the money to put 20 million in this and finance the company himself this year to the tune of 100K a month he has the ability to get a good loan or bring in only people close to him that also have money IMO
Think aobut this..If it was said Marques Lemonis was putting this money in what would the stock do? Well it is the inventor Sidney Chan that has and is money is every bit as good
I agree. I have not emailed Sidney since last week. I did pop a question or two off to him today. If I get a reply I will share. He usually answers fairly quickly in evening.
Sidney has been dead solid perfect since the run. I like our chances with insiders locking up almost the entire share structure. Impossible for any hostile takeover. Sidney is building value first and share price is following
Mr. Chan owns 14,845,000 shares of common stock and holds the options to acquire 466,666,800 shares of common stock at an exercise price of $0.0015 per share until May 29, 2020.
Mr. Chan’s spouse owns 103,653,482 shares of common stock and holds the options to acquire 93,333,400 shares of common stock at an exercise price of $0.0015 per share until May 29, 2020.
Mr. Chan and his spouse control KRS Retraction Limited, which owns 500,000 shares of common stock.
If their options to acquire common shares were be exercised by Mr. Chan and his wife, they would own over 50% of our common shares.
[2] Mr. Smith owns 2,500,000 shares of common stock. Mr. Smith holds the option to acquire 1,500,000 shares of common stock at a price of $0.03 for a term of five years until April 19, 2019. Mr. Smith resigned from the Board of Directors on January 31, 2016.
[3] Dr. Salas owns 1,577,738 shares of common stock.
[4] Mr. Robulak owns 1,190,000 shares of common stock. Mr. Robulak holds for option to acquire 250,000 shares of common stock at an exercise price of $0.03 per share for five years until August 21, 2017, 100,000 shares of common stock at $0.03 until May 23, 2019 and 1,000,000 shares of common stock until July 25, 2019.
[5] Mr. Stafford owns 500,000 shares of common stock. Mr. Stafford holds the option to acquire 500,000 shares of common stock at a price of $0.03 per share until August 1, 2019.
Dont know if it will open over .02 but it will be on a steady climb upward from here for a bit
In regards to the PP shares will be restricted for at least 6 months. They are also not going into the hands of toxic traders but legitsmite investors. I would refer you to the stocky where I have addressed this with Sidney in email. He has 20 million of his own money in this product with FDA clearance. Do you think he is bringing in toxic dillutors? My guess is friends and family to invest but that is just my opionin
Also the PP price is .05. His investors are not going to short what they will acquire in this instance
Heavy accumulation in low 1's today
Tough to bid sit this. Slap the ask when volume comes in or you never catch it. Small buys push the ask up pretty quickly
I am speculating based on Cree relationship and equity they were seeking
This is amazing. This is how Spectrum King will get eaten up and bough. This is so flipping off the grid and word needs to get out still.
Also BANJ is so clean as a shell to reverse into.
I am so stoked to see a tech company in this sector going public in a clean way. This is a gold mine especially with the CREE partnership. CREE is huge in lighting design and components
Just wait till word gets out. No one selling. People probably weary of spike but not aware of how thin it is. Next 30 days this rockets and is going to make us some nice money.
Compare how clean this BANJ shell is compared to say the recent robot company OM*S shell
Per MOU BANJ will have less then 10k in debt when the complete merger. Name will be changed to Spectrum King at completion.
This is the real deal company. Huge market. I think their sale projections of 21M as a private entity is pretty close. Spectrum King owner a tech guy. Last company sold in 2011. Big sales up and to the right since starting Spectrum King. Deal with Cree a major lighting manufacturer. This would be for components in the Spectrum King products. They are partnered with major companies and manufacturer in states.
.50 target soon pre merger buzz
Per MOU BANJ will have less then 10k in debt when the complete merger. Name will be changed to Spectrum King at completion.
This is the real deal company. Huge market. I think their sale projections of 21M as a private entity is pretty close. Spectrum King owner a tech guy. Last company sold in 2011. Big sales up and to the right since starting Spectrum King. Deal with Cree a major lighting manufacturer. This would be for components in the Spectrum King products. They are partnered with major companies and manufacturer in states.
.50 target soon pre merger buzz
Did some digging and I don't think people realize how big this is yet. Spectrum King is a decent size company in an emerging market. I would recommend people dig on them a bit. With this share structure I expect a min .10-.25 very quickly. Need to get the word out on this one
Seeing something. Odd
Super quiet this is great. Looking for a slow steady rise till next news. Perfect set up
With who Sporty. I have a lot in this but this comes off sounding pretty shady just saying this. Hope you're right time will tell and my comment is respectfully just my opinion
RSI has cooled to a perfect number as well
Beautiful week of consolidation. Dips bought and ready for a slow steady climb as we find out more about the rollout and rest of platform that will revolutionize diabetes care, sales, insurance claims and data gathering to optimize the process from patient to provider to biller and benefit big pharma as well. Can't wait to see who is going to step in from Big Pharma and co market the platform with $ALRT
Realistic targets? I jumped in late in day with a 383k lotto buy. Will study it more but merger looks pos
5 million dollar private placement to fund operations to get to market and get current with SEC. Will be non dilutive for 6 months or longer. Keep in mind Sidney owns 97.5 percent of commons so he is going to be choosy on investors and he does not expect the market to be flooded with shares after the lock up as price will be higher and these will be investors. Sidney has 20 million of his own money in this so make your own decisions but he is in full control and I will follow his money. What if it was some celeb with 20 million in this would rocket but his money is just the same and just as green. Sidney is for the minority shareholder as well as his wife and himself. He owns the patent and will get paid
More news coming and it will be very relevant to the FDA clearance
Can't buy again if I can't get a hold of the players for clarity. To risky to hold over weekend even though it seems obvious they are in it for shareholders. Email that floated around never debunked from Hagen. Will be an easy entry on news most likely if you're quick about it
Anyone have an email for Hagen?
clearly no shares in float and why we have visitors today people. Super strong Friday open on low volume again. Look for a steady rise past .10 just give it time to build
spread is wide for a reason but MM's will make you pay the ask. Bid sitting is not going to get it done on this ticker. MM's starting to walk it up
They are getting caught in a short squeeze after the run up. They thought it would keep dropping and were caught by surprise with its strength this week. Pretty simple
Do you even know how much the inventor put into this with his own cash? 2.5% minority ownership. Sidney and his wife own the rest. 20 million invested. Non dilutive 5 million private placement. No volume prior to FDA clearance. This CEO could give a F about what your talking about. I can debunk everyone of your claims. This company does not need us at 2.5 percent. Do the math. Promos don't run 12k%