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The news says it will be a structure that better serves shareholders. So non dilutive. More shareholder friendly
Exactly. The city knows nothing about some giant mega project. But Genesis says they'll finish phase 1 in 2024. I smell BS
Great! I'm doing the same. Someone is bound to confirm or deny this.
Um, yes, there should be at the very least permitting discussions in the city minutes on such a major project. Genesis says on their website that they expect phase 1 to be completed by 2024. Again, zero evidence. None
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Yea, this website means nothing.
According to the investor slide deck, Bridge Investment group will be a developer on this project. I'll contact them to see if this is legit or not. Bridge Investment is a real company. Also, their website has zero mention of this giant project.
It's just a PR from the company distributing their PR through these outlets. It's a 3rd party. Surely you know this.
From the company, nothing external. Show me anything from Indio CA that a giant metropolis is being built in their city. Again, that would be huge news for that city. Not a whisper.
Or prove that any of this is real. If a giant development like this was being proposed in Indio, CA then it would show up in their local news, council meeting minutes, anything. There is no evidence from anything other than their own website.
I'm finding no evidence outside of Genesis website that this is a multimillion dollar company. No evidence of a planned mega city in California. No evidence of any of the team members on external sites like LinkedIn. Pretty much nothing. It just doesn't pass the smell test.
This is a weird one to me. If you go to the genesis capital website and try to find anything on any of the team members outside of the website, you can't find anything. There is zero info on them. And there is a weird YouTube video on this company subtitled in Thai. I would be cautious here. Just a gut feeling
Why was there zero buying when this news was released a month ago? No insiders buying. Nothing.
What are the details of the merger? There is no filing for this. How many shares are involved in the deal?
I would stop using Asperger's as a knock on someone. Not cool
Anything with "AI" in the PR is running hard right now. Hopefully the CEO takes notice of the trend.
What revenue? $23k? I can make more working at burger king.
Looking at the Nov 22 financials, exceeding 2022 financials shouldn't be that hard. $23k in revenue shown on the prior 10Q.
Dude. This guy can't make anything clear. He can't get his own math correct. He said nothing about per month. Also, ok, 90 million per month. That's not $900 million. Jesus.
That equals $90 million. Not $900 million. Get a calculator.
I can only understand what you post....which doesn't make any sense. You aren't clear
90.00 x $1 million = 90 million. Great job at math
So you made this up
What's on the website? Link it
they are making anywhere between 0 and $5 million right now. That's a bit jumping ahead
It's blowing up, but not the way we want it to blow up.
Revenue is about $1 million
https://rocketreach.co/carbon-rivers-llc-profile_b432cbf3c1f7462a
They didn't short the stock.
Makes no sense
They are usually a diluter. That's been my experience in almost every stock
CDEL is normally MM that unloads convertibles
Geez, this would go insane. Fingers crossed
Yea, not the merger company. We are still waiting on that. We shall see soon though
https://thetechassociates.com/
This is Richard Chiang's company
ALPP was a huge run he put together
We are taking educated guesses here. But Richard Chiang has put together some large and successful mergers so we shall see. It's a good bet
Understood, but to instill confidence the CEO should reduce the A/S. Any new investors checking out the stock will immediately be apprehensive about it. A huge A/S is a red flag.
The only concern here is the 10 billion A/S. Has the company said anything to address this?
We break that 52 week high and it's flying
Also, no convertible debt and no dilution