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Thanks for the info. hopefully conversions are done for now. Wow Sept in not that far away. I didn't see that in the 10Q
That's mostly speculative.
Inventory means nothing if they can't sell it. If they don't sell the inventory it's just more debt.
Company needs to get sales with the pet spray and nyoxlyn (sorry for the spelling).
Then they need the drugs in the pipeline that are in trials to get approved and hopefully licensed.
If they can pull that off we got a monster winner but make no mistake if they don't execute what I just wrote than continued debt and convertible notes will kill this.
Let's also keep in mind that they are competing with BIG PHARMA too. Hopefully they can license to BIG PHARMA as opposed to competing with them.
I do think this is a worthwhile risk with huge reward potential so I'm hoping for the best for all of us
MODS sticky this post.
19109 The Garbage Man....
thank you for the intelligent response. That makes sense.
I fear that these note conversions are going to out way the true worth of this company right now. And basically you are saying that PPS is going lower FOR NOW.
That of course doesn't mean PPS wont go higher in the future but for now, dilution is going to drive PPS lower.
Fair assessment?
Umm, that doesn't answer my question. Although kudos on the CLASH OF THE TITANS reference. LOL
NPHC needs to file the 8K and state who converted these notes and how many shares exactly have been diluted.
If O/S is 1.2 billion than the A/S has to have DECREASED.
Question is ARE THEY GOING TO MAX OUT THE O/S WITH FURTHER DILUTION.
VNDM HAS BEEN DUMPING FOR 2 WEEKS NOW.
Any thoughts?
The A/S can't be accurate. If they have diluted 900,000,000 shares than the the A/S should now be 1,100,000,000 not 2 billion.
The question is will VNDM dump the remainder and max out. which would mean there could be another 1,100,000,000 left to dump.
I don't think it's "fools" selling at these levels, aka retail investors like the people on this board. I'm sure a few have sold for a loss but not enough retail selling to impact the negative PPS downward movement.
It's NITE and CDEL shorting because of the lack of interest/volume.
It's not dilution, it's not retail, it's the aforementioned MMs.
The only way FRZT moves higher is if Garfield Go downloads significantly increase. Right now on Google Play it only has between 10,000-50,000 downloads.
People should stop making PPS predictions. It's senseless. No one can predict that.
Anyone remember the post the Mods stickied that said FRZT was going to 0.10-0.20 in two weeks when the stock was making it's remarkable move from 0.0002 to 0.014?
Of course that sticky was promptly removed when stock began to fall.
None of us on this board who were in FRZT from the low trips could have predicted it would make such a remarkable move up nor it's sad move downward since that high.
How about we stick to tangible facts.
How many shares do you think VNDM has dumped into the float this last week? Clearly he's been diluting.....O/S has to be higher now.
Thanks
Wrong and right.
Company issues notes and the notes are converted at any PPS. As of now notes don't reach maturity until DECEMBER.
Agree except on one key point. Don't say there is no sense diluting at these levels. I've been in the stock for 2 years and note holders were diluting at 0.0001-0.0002. Ask HIGH FADE he was here too.
I actually have a friend who got 0.0001's, only a million of them however for $100 and made a killing on the recent run up.
Make no mistake DILUTION OCCURS AT ANY PPS. NOTE HOLDERS WILL GET THEIR RETURN ON INVESTMENT
NOT DILUTION. 10Q clearly states that Holland and company can't sell until Dec. 30
This is MM's NITE and CDEL shorting this down because there isn't enough buying pressure from retail. All pennies and sub pennies are at the mercy of these notoriously short MMs.
REALITY This stock had an incredible run based on the comparison to POKEMON GO's success prior to Garfield Go's launch.
The new reality is that this is NO POKEMON GO.
The only thing that is going to drive this higher is REAL PROFITS FROM THE GAME...at this point those profits look minimal at best.
Broke key level of support at 0.002. Likely to drip back to trips.
Unless they get PAWS IN. to incorporate this game in some of their many Garfield products...FRZT is going lower....sadly
NPHC = HUGE!!!!!!!!!!!!!!!!!
That's because the PR= DILUTION...
.0001-.0002 on the way. I might buy in then on a Hail Mary gamble
So basically LEXG is giving them $5,000,000 worth of shares?
It's not retail traders selling that is sending FRZT lower. IT'S MM NITE WHO HAS HUNDREDS OF MILLIONS OF SHARES AND IS SHORTING AND SELLING TO ITSELF TO DRIVE PPS LOWER.
Only buying pressure, VOLUME, will force him to cover and that's when we see big gains. Until there is STRONG NEWS from the company, and I mean STRONG NEWS, Nite will continue to short this lower.
SIMPLE
There are $600,000 in notes. I don't know if what was traded so far satisfies that number
The 10Q which is no longer on this board for some reason states that CONVERTIBLE NOTES MATURE 6/25/17...about $600,000 worth from my calculations.
Please read the 10Q!!!!!!!!!!!!
The debt was issued a while ago. Doesn't mean this a bad company with bad people running it. It means they are not profitable and need to give shares in exchange for loans. Normal penny stock stuff/
God willing they get this Garfield Go app right and make money.
Garfield's popularity and credibility is not debatable. Clearly an iconic and beloved character....proven.
The question is CAN FRZT GET THIS GAME IN FRONT OF THAT ENORMOUS GARFIELD AUDIENCE? It's product awareness.... I think they can and I think investing in that possibility is a worthwhile risk.
I understand.
I think it's better to promote the STOCK but promoting the game is good too.
If FRZT is going to hold any gains in PPS it needs to VALIDATE IT'S PPS WITH REVENUE, that can only happen when the game is launched and hopefully all the GARFIELD fans and even more importantly the new generation of kids embrace this game like POKEMON GO....that will be the true test
No one knows if that will happen. I hope it does for everyone in this stock. It's a rare opportunity for penny stock investor to see serious money.
You can't complain, to go from 0.003 to 0.0088 in two days is amazing.
There are two points of view on this stock.
(1) You are holding longer term to see how the AR game is received by the public.
(2) You are a flipper and became aware of FRZT yesterday with the huge gain and volume, bought in and got out with a quick profit.
If six months to a year from now GARFIELD GO is a fantastic success and is generating POKEMON GO-like profits you will be glad you hung on. If it flops you will be upset you didn't sell and take profits when you could have....
Both methods are fine, there is no right or wrong way.
If you would have told me a year ago this would hit 0.0088 I would have said you were crazy.....you never know and this has a real chance in my opinion.
Also I think Mr Davis, Garfield's creator sees an opportunity to make Gaefield relevant among a new demographic
This beloved cartoon cat is more popular with people who are older than millennials. This is a great chance to expose Garfield to new younger audiences and yes creating more revenue.
This combined with an animated movie could really put this cat back in a big way. this could really be a game changer for FRZT shareholders.
Agreed. Also FRZT did have Cable TV commercials for Kitty Pawp last summer. I personally saw the commercial myself on several occasions.
As much as I have criticized FRZT I have to give Mr Hollande credit for getting the licensing agreement with Paws, Inc. a very powerful move for a small company.....let's see what happens. GLTU and all.
I've been in this stock for a long time and have been on this board complaining about the lack of marketing and exposure.
The intriguing thing about what's happening now is THE ANIMATED MOVIE release. If Paws. Inc can get Garfield exposed to today's kids and make him relevant ..... that could be a game changer. If FRZT can piggyback on that could be tremendous.
Also the in game prizes from Amazon etc. is also a nice addition that differentiates it from Pokemon.
The plan seems to be to keep releasing games and hope that something sticks. And hope is the operative word.
Holland should be doing everything possible to promote these games and I see no evidence of that. He should be doing interviews, lectures, blogging, podcasting, shouting from roof tops....whatever it takes to get exposure.
I still think he needs to make games with edgier content too.
yep. MM games,
Nice assessment. And hopefully you are right. My concern is which Market makers have been doing the buying? NITE absorbs shares and then puts up huge ask blocks because NITE is always shorting....hopefully more retail investors have been buying shares and we can see real momentum when FORC gets current and files.
best trading to you and all
Thanks for clarifying. Ya I'm very disappointed with the PPS here...stuck.
I guess it's a real long shot,,,, a miracle. That this company creates the next blockbuster game....needle in a hay stack.
I just don't see any other way for them to move the PPS except by creating the next big game....
You don't like the game? Confused sir,,,,,please elaborate.
Exactly.....FRZT needs games that differentiate it from other game companies, innovate not imitate. And promotional strategies that gets the games exposure.
How about a game that shows photos of Weed and the viewer has to guess the strain........I think Hollande is out of touch.....period,
My opinion is FRZT needs to do a massive social media campaign to get eyes on these games. Mr Holland should be all over the Garfield forums touting KITTY PAWP, just to use one example.
And gaming sites too in hopes once folks play these games they will go viral and recommend them to others...
There is alot of competition in this space, FRZT has to find a way to differentiate itself with a super media push and hope the games are strongly received.
Otherwise, no matter how good the products are few people will know they exist, which means very little revenue and a languishing PPS.
This past summer they ran cable TV commercials for KITTY PAWP, I happened to see the commercial several times although it's had no impact on the PPS.....GLTU and all,
hat's up with these 11 million dumps at 0.0001?
3rd time in last two weeks we had this exact amount released at 000.1.....
As of right now this stock is controlled by the Market makers, particularly NITE. They are absorbing shares on the bid and putting up
big blocks on the ask. They are in full control of the price and it's movement, trading between themselves.
No one in retail would pay a commission fee to sell 50 cents worth of shares at 0,0002.
Total MM manipulation games.
Here come the dreaded 0.0001s......merry christmas CH.
You are right, I don't know if children's games is the right move being kids don't have credit cards...not a smart path.
FRZT needs to rethink and go for an older demographic. Plus Garfield and Etch a Sketch for example are not familiar to younger generations.
Actually come to think about it, they are already going for older adults with those games being you have to be in your forties and older to know Garfield.
Enough with the cat games and get with the times....games that reflect today and the future. Hopefully the Augmented reality stuff will be a step in the right direction.
LOL!
IT'S A HIT! BRILLIANT!