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No, we don't. That's why we speculate and some really try to push down the pps to accumulate or flip more shares. We're all just waiting to see if the hoped for new is delivered soon.
Exactly....and that is why it was the topic of the very first question I asked on this board as I was debating taking a position here.
Some said the CEO was going to reduce that, found DD info that indicated that A/S would be reduced; however, dilution MM's don't show up like VDNM did last week with 200 mil shares without dilution going on or insiders selling major blocks. Either way, it isn't good.
I prefer my carrots sauteed with a sprinkle of sugar on them please.
LOL
Yeah, it's a technique that only works for a short time to keep investors satisfied with leadership.
SS was always my number one concern and the dumping that VDNM did over a couple of days to start last week with endless 2's even though L2 only showed 10,000 is a concern that dilution may have been going on. Can't wait to see the share structure update; I've asked the company to update the SS on the OTC; obviously to no avail.
This week, no one even wants the 2's. I'd grab them, but tapped out with the three plays I'm in at the moment. Unfortunately, I don't have endless funds. However, 2's not moving is a bit of a concern....everyone just waiting on news? Not much here either, although I don't miss the DD being copied and pasted over and over again.
Your welcome! LOL. I expect to be able to buy them back at the price or better if I choose to do so later. Still got enough to be happy with a major move in pps.
Half of the days volume was me dumping for the moment half of my shares to move it elsewhere. Made 1500 on the 3K I moved out today alone. Too many lost opportunities waiting on Fanny.
Screw those who say your only bashing and let us know what you're thinking. Seems you have simply asked some of the same questions that I and many others have asked. If some can't handle open discussion, then they should stay on that other board.
I still believe there is awesome potential here, but Francine needs to file the 10Q...auditor stuff does not affect Q
filings. I'm not even worried about other news about mergers and such.
Thanks W for your insight.
MFOV also has booked profits! Profits always drive sustained pps growth!
VGID moving...check out the DD and decide if it's the right play for you.
Apparently the ex-dividend (pay date) has not yet been declared. Therefore, buying today and holding for the pay date will get you the free shares.
Very true! Imagine my surprise to see the CEO of another play I entered this morning when I saw that he posted an update to his plans and schedule last week concerning the expected movements he had planned for this week.
We get Franny who tells us next week. Reminds me of my stepson who was sitting across from me one evening at a nice little sports bar and he says, "Hey, we need to come back tomorrow night for the free beer." I asked him what he meant, and he points at a sign that says "Tomorrow....Free Beer!" I had to laugh and tell him that tomorrow never comes. LOL
Tomorrow will come with BRWC and I'll be here; but no one has a clue when tomorrow (or next week) finally arrives until it gets here.
Same here...sold chunk of my one of my other holdings to jump in here...nice green day so far and much more expected.
I too think that it is probably too late for us on the sppin-off; however, the post from Buzzy that Real refers to on the update that is stickied seems to indicate that it may not be too late because the "Pay Date" has not been officially declared?
I'd appreciated it if that could be clarified, but with or without the free shares there's a nice little run to be enjoyed here!
Most of that dump is mine, dumped half of my holding to move into another stock that is moving this morning. Up 25% with on the 3K I flipped out from here; will be able to come back and buy even more 5's or 6's later this week. I do not expect any news until 2nd and 3rd Q FINS are ready to be dropped together.
Great company with awesome potential; not sold on the CEO at this point. Remember that "past performance does not guarantee future results," just because Franny has turned a company before, doesn't mean she will turn this company. However, once this is at 5 again, the pps will be in the hard to lose area and I will add back to what I'm still holding.
No dilution. SS is the one thing that has been updated on the OTC. No changes were reported, so we are good there.
I like it...I live in one of those small towns where it's easy to get people talking, I'll do that and see what folks have to say around town. Months without official news and filings begin to make you start asking why? And asking questions tends to mark one as a basher or flipper (BTW, I haven't sold a share) don't like the daily attention required to flip stocks successfully. However, I do plan to take profits at some point and feel good about that since my avg pps is a tick above .0007. The fundamentals of this stock say it's a strong play, but the management may or may not be the best to take advantage of the fundamentals.
Need the official filings to determine the answer to the last statement...not blind statements of faith in the company.
You are bringing up the issues and questions that have to be answered before I decide if I will sell on a run or hold for a higher pps. Pictures on FB and the Boreal web page that in front of Saint-Elie signage is a real issue to me.
Here's my simple calculation for how this goes to .05 with a market cap of 200 mil.
500,000,000 (Use max capacity to simplify math) X .10 = $50 mil revs
The COGS and all associated company expenses are capped at 75% of revs. (The company has to have a positive gross margin of 25 - 40% to grow pps to a sustainable level.)
50,000,000(.75) = 37,500,000 in expenses
12,500,000 is left as profit!
If you apply a standard PE ratio of 12 you get...
$12,500,000(12) = $150,000,000 in share holder value.
$150,000,000 / 4,000,000,000 Bil shares = .0375 pps
This is very doable if BRWC begins to operate at near capacity as Francine has indicated in previous emails and the expense ratios are brought under control to reflect a company with $4 mil+ revenues each month. The pps can indeed reach .05 if we applied a PE ratio of 18 (which isn't an outrageous assumption), or we see a crazy run that is often seen in the OTC.
Revenues will ultimately drive BRWC to a stable pps in pennies just as revenues drive the pps in the Dow 30 stocks. If you are 5 million shares and knew that October '16 would show revs in the area that I detailed earlier, we would all just sit, relax, and not worry about our investment anytime soon.
The question is whether or not Francine will deliver such performance, or should we sell on the run that will come when positive FINS for the last 6 months are released?
Put him on ignore. Legitimate questions and frustrations always result in the same all caps golden, you're a basher, sell if you don't trust messages.
It's OK for us to question the CEO or other issues about the company. I've been holding several million shares since June and I'm not going anywhere because I do believe those messages carry the truth that we are golden invested in BRWC. However, if we show our frustrations we get the ALL CAPS reply that we should sell???
Hopefully we will all be enjoying the fruits of our patience soon. Have a great day.
Goody....a new pissing match! Two things:
1. At least make us laugh as you tell us no news is coming versus how golden we are.
2. On the plus side, it will drive us up on the most posted/read listings.
Really??? We all know FINS will be posted at some point (though not in the time frame desired.) We also know we are indeed golden if the things Francine has told us and hinted at occur.
HAHAHA....someone's finally speaking a little Texan here. LOL.
Yes, we are good here, even if news and FINS are still a few weeks away.
ChoosenOnes reported a phone call with Francine (Monday, last week I believe) where she stated that news and FINS should be out by late in the week or early this week. TTM and myself stated that it would be good of her to post that on social media; FB and/or twitter.
To me; what she told ChoosenOnes means that news should and/or FINS should be released by tomorrow. Otherwise, it means that she has again made a statement concerning the release of information and failed to deliver. There is a post on FB that news is coming soon, multiple posts have been made that news and filings were imminent per conversations with Francine; yet we wait.
If nothing comes out this week; it will not be a surprise if the next filing is NT 10-Q again on November 16. LOL
I'm being patient but I do not have much faith in the things that Francine tells us at the moment when it is not followed up with the delayed 10-Q, or 8-K. Thankfully she did update the share structure last week, so maybe the rest will show up this week.
I don't think RSK is a shortie, I think he is very hopeful that BRWC takes flight and has guarded optimism that it will. If you look at his profile and some of the stocks he's been associated with, one appears to have indeed gone to a no bid situation and that will curb anyone's enthusiasm. BRWC is H2O gold as you have stated many times, Hopefully RSK is along for the ride with the rest of us longs. Interesting how the last few days has shown a couple of "bashers" to still be holding for pennies.
BRWC .05+
Of course there is no action during this time while we wait for FINS and News. Only an impatient fool sells into the Bid at this time and that wall at .0003 is full of sellers wanting to take profits on the shares they acquired at .0001
That wall may look huge as you keep trying to portray it, but it is only $36K and will fall fast and hard with any positive movement in earnings. Many will be disappointed that they didnt cancel their GTC Ask orders before INMG is off to the races.
This week would be better than next...this should be posted on the FB page and twitter.
I needed to adjust my average pps.
The TA isn't gagged. They're just not going to be talking with the shareholders of pinks. Restricted shares being sold, doesn't make since although I will admit that it is an explanation that seems plausible. However, the definition of restricted means they can't be sold so easily.
Need to place a GTC order for your shares so that the MM's can use them to cover shortages. Mine is set at .036; if that hits inadvertently all will be well! :)
Aah, your on to my biggest question; why does VNDM have 10,000 listed on the ASK much of the week and a 5 mil buy still keeps it at 10,000. About 60 mil sold that way on Monday, so yes I am concerned about SS. However, the simple answer that it is dilution is no answer at all...it sounds like a politician answering a question and giving no information. I know what dilution means, but saying any given trade is dilution is meaningless without explaining who's diluting the SS based on previously filed 8K's.
As of now the positives far outweigh the negatives and I've taken a decent sized position here. Now it's waiting time with the 3rd quarter complete and I wait with the rest of us for the FINS and news updates.
Buying in at 2, where's the real risk...I know, something so bad that this will go to a no bid situation could occur, but that is unlikely. Dilution??? According to all public knowledge, no. Something strange going on with respect to VNDM this week, that is a definite yes.
GLTU
dnoto, most of us with half a brain have some questions that we are waiting on news and FINS to clear up...having worked in the media and entertainment in my 20's and 30's I have some specific questions that I hope are addressed.
However, INMG HAS NO CONVERTIBLE DEBT AND NOTHING ABOUT THIS COMPANY CAN BE COMPARED IN AN APPLES TO APPLES MANNER AS WE WOULD DO WITH OTHER PINKS.
Gotta remember that this is basically a new company due to the reverse merger with some great assets and prospects and at this price it is a no brainer investment whether you hope to flip your shares tz6 or hold out for .05+
Market caps for entertainment companies can easily go to 250 - 500 million on speculation alone. Tom Coleman is very capable of getting us there and I plan to hold on for 25000%+ gains rather than the the small gains most achieve through flipping 1 or 2 mil for a tick or two.
Enjoy your bashing dnoto, when this hits for those of us long and we're thinking of how to handle our tax implications for such huge profits, you'll be able to keep bashing someone else on another board. hahaha (And if you're somehow right, I'll take my loss and move on to the next play...BUT, with no toxic debt, it is nearly impossible to lose wiith INMG.)
Always like a little juicy gossip.
Expect some profit taking at this point from a few shareholders....100% gain at 13/14 for many of us. I'm holding for pennies, not selling any shares. Volcano is coiling tighter.
The only risky play with this stock is if one would actually short it from tz2??? What a crazy idea. No toxic debt here. It will jump the wall that is built at tz3 soon enough. Then I will be LMAO as I think of how to reinvest my earnings.
That's awesome...gonna have a nice payday! I topped 20 mil last week and will probably be topped out at this point unless my other no convertible notes play hits earlier than expected.
13's came up with about 7 mil available...down to less than 1 mil and not a single sale at 13. Better get the few remaining before their price is moved up too.
VNDM finally sold all their shares???
With VNDM playing the games he played today; no one has to woory about whether to buy at 2 or 3. 2's are still freely available to all that want them; however, if the games hadn't been played by the MM today a few 3's may have hit?
With that said, this is where we shall sit until news and FINS are released.
Shorty said he was gonna hit the ask; thought he might wait for the last 30 seconds. Then again, he may be waiting still/
Where's Ian...he'll send cookies. Haha
I saw it.