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My calculation/guess is that a little less than half have converted so we're in the same neighborhood. I keep an eye on the published OS count as it changes from time to time. Last is 24.5M. There's a whole bunch still to come. Hopefully, revenues and hype will bring in the fresh investors to sop it up. A 10K would be a start, but this management team is so screwed up I have little faith in any sustained rallies.
GLTY
Ho Hum... those damn Canadian terrorists (VERT) at it again. At least they gave us a few minutes above .60 to enjoy the rarified air before they threw the wall up. The more things change, the more they don't!
Looks like it's still working. If it ain't broke, don't fix it!
what are you talking about? what I sold was bought cheap. I will do what I said I would and sell some more in the 60s and keep my core position for the long haul. Will wait for future dips to re-load the trading position. This is not news. I never regret taking profits. To live in fear of missing the "great upside move" is a losing mentality. Fair Value is what it is and the market will eventually trade either side of it. Buy below and sell at or above. Rinse and repeat.
GLTY
Evil caravan of bad Canadians are marching on evio. They are converters and diluters and they are great wall builders. We must protect ourselves from these wall builders! Congress must authorize my call for battering rams and catapults.Otherwise, the evio way of life will be threatened and they will come for your children in the middle of the night and duct tape them to the inside of your truck campers.
Just a reminder to keep an eye out for these criminals who have conversion rights @ .60
4-5M shares still potential to be converted.
GLTA and Make Evio Great Again!
Fasten seat belts for last 20 minutes.... LOL
Accounting... FIFO or LIFO? Hmmmm.... life gets complicated. Other trades in other positions also in the considerations.... profits are profits... gee, what if I buy back the 56s? what if?
Why are we parsing my P/L? I try to be helpful here and most of all transparent. I said a few days ago I thought we could se .60 this week. I still think we might. I just don't bet the ranch on it-- just the south 40.
Done explaining.
You're kidding, right? Gheesh, please read everything twice so it registers.
Example:
1. Buy 2 shares @ .37
2. Sell 1 share @ .55 = .18 profit on 1 share = reduced cost of remaining share to .19
Rinse and repeat.
That's how to accumulate cheap shares.
ya follow?
I've been teaching this course here for three years. You must not be attending class, lol.
GLTY
That's what I said. Sold half of my recent 30s (probably around .37-.38) . That makes the remaining half in @ under .20. Added to the free core. Hope it goes into the mid 60s and will let go some more.
GLTY
Done. Half of my last 30s out between .55- .56
its evio... don't get greedy, IMHO
Meanwhile.....nice oppo to take some profits off the table. hmmmmm......
Velly intel-lesting! Ya! Can we see .60 this week. And of course let me be the first idiot to say that $2.00 this year.... just kidding on that, but the first part is feeling it....
GLTA
Edsel Ford and Beta Max.
Getting sick and tired of checking with Edgar. Disgusting!
what I am supposed to do about it? send ww an abacus?
Ya gotta love this dump. 50K shares go on the ask at 43 and a second later its offered @ 41. Welcome aboard the ship to nowhere....
Replies to all:
1. The wall is there. It's a big beautiful wall that you just can't always see. Sometimes they wait until you climb right up to the top of the barbed wire and then.... WHAM!! Eventually the wall will crumble because walls are stupid. Just doesn't look like Santa Ana has enough crazies yet to break through.
2. Volume is nothing to write home about. Think in dollar terms and what kind of liquidity it takes to attract real investors (no slight at anyone here, intended).
3. I monitor Edgar and have alerts in place. As to many here. When ww finally releases the kraken, we'll know about it.
4. Going fishing (ice fishing), so GLTA until there's something worth talking about.
Yes, that is the point.
GLTY
Mexican Buyers trying to get in. Wall @ .40 keeping them out. They're a bunch of drug cultivators who use duct tape on their kilos.
If the K was out it would be published on Edgar. There is no pre-publishing.
Gheeesh! Market Cap is defined as share price X OS and NOT as RevsX some presumed P/E.
$3.2 x 15(sector multiplier) x .35 (sector margins) ./. 40M OS = $0.42
Agree with the stigma attachments but saying there will be an automatic delisting is an irresponsible thing unless it is a fact. People who believe there is delisting will prematurely sell out of fear.
New math? Hardly. $3.2M annual revs = $0.42/share which is exactly where we are. The first hope is that with sustained $1M/Q ($4M annual) shares would = ~$0.55. Without official K and Q this is all a lot of hot air anyway, but a little bit of reality when it comes to evaluating this puppy might be in order.
fyi/ real OS count is +40M.
JMHO
GLTY
Be careful what you wish for (or against). Thought the selling has been relentless, the buying interest is so low that no seller wishes to start an avalanche. Its obvious to me that :
1. There are a bunch of sellers who have just had enough of ww, and
2. They still wish to get some money back out of this and regardless of the Q and K pony show, they don't see a whole lot coming on the upside in the near future and think they can put their $$ to work better somewhere else, and,
3. Unfortunately if it breaks below .37 area we could see mid 20s very easily as recent value buyers on the technicals will get flushed out.
Barring any radical change in the numbers- if they are ever released- I am a buyer in the .30 area and a seller in the .50s if that should happen. In the meantime this puppy is a useless waste of time. Management is critically deficient. We all hope to see signs of that changing but it's doubtful.
JMHO
GLTY
Thanks.
Last tidbit for today: these .39s is a different order that CDEL has. I don't have the bandwidth to explain.
GLTY.
They only lowered their offer when another mm order showed up (ETRF). If I place an offer a little lower, CDEL will match. They have a limit but it's probably a bit lower from here.
GLTY
Relationships with the broker/dealers for order flow and relationships between the mms. Just two possibilities. Luck? (probably not). Just noticing, that's all. If the NITE order shrinks on its own, then I'd look for CDEL to back off and try to trap some unbridled enthusiasm. The cure for all of this remains an adept management that can attract investors to the story. Then we might climb a little. I think a lot of us would be happy with a little, at the moment.
GLTY
FWIW/ CDEL has been absorbing all the .40s for the last two days. That's why the NITE size has not changed much. CDEL obviously has a large discretionary order. They only have to show 2500 on L2.
Patience and prayers.... the evio creed.
CDEL has all the fear you could ever want. Seen this movie before.
GLTY
ditto.
What's bigger and greater and more beautiful? The evio wall at $0.40 or the president's whatever you want to call it wall? Makes you kind of wonder if it's Mexicans selling of evio so they can pay for the other wall.
Somebody please step up and take out the 108K offered @ .40! Without that kind of commitment this thing is screwed bigly. I had a hard time understanding how evio traded for so long at more than twice its worth, and now I'm just as confused why its sitting for so long at half its value. When TAR can't make heads or tails out of something he leaves and finds another sandbox to go play in. Looking for the rest of my shovels and pails.
GLTA.
The roughly 7M in conversions since the deal says otherwise. I believe that you are sincere in your beliefs but the amount of shares converted in this time can only be from holders who don't have to make filings about these sales. That rules out evio officers or jv partners. So if there is another class of heavy note holders we don't know about then we're really in deep doo doo. At this point, to me, dilution selling or managed money liquidation it all adds up to unbearable pressure that ww isn't capable of managing.
From day one of the Canadian deal you have been trying to extol the virtues of the Canadian investors - how sophisticated they are and what big hitters they are and that they're in evio for the long term. From day one I have said how bad a deal this was for the shareholders (a drowning pool in which the Canadian investors themselves). Dilution kills. Lack of revenues after dilution kills. Lack of transparency on top of lack of revenues on top of dilution gives us $.38/ share.
GLTY
GLTA
No. They are in all likelihood more of the Canadian debentures- (still a lot more to go). So not a surprise. Depressing to think that they are positioning to liquidate at a loss. Or maybe just getting ready for any price pop. What a slog this is going to be.