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The pr says 2nd deployment at Romeo. You read only 2 deployments I read 2nd at Romeo.
We did send that one bot to texas. The SMP pr could be Romeo but I am thinking not but I am thinking it is a RAD deployment as SMP does not rent the bots they sell to distributors.
That is good news that the second bot is now in service at Romeo. That means at least 3 bots are in service at this time.
From my understanding. SMP holds what ever patents for the bots. RAD worked with Romeo power to enhance the battery capacity and has an exclusive deal with them. RAD has an AI solution that another company could duplicate but if they were going to do that it would be better to drive RAD into the ground and start with their base software.
SMP does not want the hassle of selling Bots so they work in a distributor network and RAD has worked their way up to a master distributor level.
Yes someone could wipe out RAD as a business. Rad would have a few law suites to file but that would be it. Will it happen ... highly unlikely.
In writing highly unlikely I have to say it is for the same reason we buy the stocks. Something about SR that we like and feel will be good in the end. If this were a scam good front man but I do not think it is a scam.
I do not know the answer to your question but I am going to get on the phone with one of the new loans and borrow some money so I can buy more of this stock.
If it fails then OMVS and I will both be in default.
The issue I take with post on this board is something is stated as fact "shares go from 71m to 200m" and the in the same post wonder what the share count is.
How can this be? It boggles the mind.
So there has been no dilution for the past 6 weeks. This is great news.
That is going to be so sweet to see 38 million shares all traded in 1 day on Thursday. You keep saying Wednesday which ever day will be cool.
I am interested to know why to today. The negatives are very high today and the stock is going down. This is a real question. I am looking to put more in this week when the note comes out but I would like to know from you as to why now.
Thanks for that information I was wondering why we were not at a stop sign.
I wish I was a paid member so I could respond to a private message that made my day. Thanks and have a great holiday.
Twitter in the new year baby.
10Q I will have 10 Que drinks to celebrate the holiday season.
http://www.drinkswap.com/que-cocktail.htm
But of course it is an SMP PR that one of its robots was delivered in this capacity. You should selectivity cut and paste to make your point because you left in the fact that the robots were available through their distributors i.e. RAD.
"today SMP Robotics has its own assembly plant, research and development center and holds more than ten patents in the field of mobile robotics. The robots are available through authorized distributors"
RAD did the deployment per yesterday's PR and the deleted message said others were deploying SMP security robots and you are correct no one in the us deploys a SMP security robot with RAD tech in the US other than RAD or through RAD.
You notice I said security very clearly because I believe SMP has another series of robots for non security purposes that has been doing well with other distributors.
The following is speculation / opinion - I believe that RAD is now the official battery installer for all SMP robots and will be on a mission to upgrade all currently operating SMP bots with its new battery configuration giving a second revenue stream and one of the reasons for the office expansion.
I am not a believer in the merger of RAD and SMP. I believe SMP likes to build and innovate and RAD likes to enhance and sell good together but I believe they will keep separated.
Who is deploying the bots with out RAD technology in the US?
"IF RAD has such great technology, how is it that others are able to deploy SMP bots? Hmm makes you wonder."
Instead of the conversation about who got the rental income I would love to know if that is a Romeo robot or a different location. If you follow the SR twitter world Romeo had a red and a black one and this one is what I thought was the Romeo black.
So can anyone answer if this is Romeo black or a different location?
Very good headline that says a robot build by SMP was deployed. I bet they are very proud that one of their distributors actually got a robot out in the field. I know they give RAD their props in the article.
Nothing Changed.
Just to be clear the headline does not imply or say that SMP is getting the rental money from this deployment. The article backs this up greatly.
Yes Garett Parsons is CEO of OMVS and SR is CEO of RAD but SR has 51% of the voting stock of OMVS. Can you say charity job?
RAD rents SMP robots which means that every robot that RAD rents out is an SMP Robot deployment. RAD gets the rental income. SMP sells to RAD.
Volume is up a bit today but I am assuming that is people not wanting to hold over the holiday not this massive fear based sell off.
SMP is the supplier to RAD and SMP does not own all the tech to remove RAD from the picture so they mutually benefit. Also any retail org that is looking for low cost over night security may contact SMP and get directed to RAD which in turn will get directed to one of the security companies and everyone wins excluding the short play.
If I was a robot I would ask for the night shift as well so I did not have to deal with a great deal of human interference.
Go to sleep bub and I will keep a watch out for the guy in the hoodie.
I think fire houses should get one of these in GA as we had a rash of car break-ins while fire men were on call. Carry permit state means guns are in those cars.
Rad has 51% of the voting stock.
Reverse merger
Dude can you really make the following statment.
"The RAd army will be having chicken for thanksgiving by the looks of it.. "
Have they not diluted enough in your opinion to have state?
That is what was stated in the 10q from July with fins up to May 31.
It may have been settled already or may add 38mil shares to the OS. No ones knows until this 10Q comes out.
This was not a a bad post and almost got me to put a sell order in. The problem with a sell order for me is that I know good things are happening and I do not want to miss the boat by timing the market. My average share price is at 6 cents so how much better can I do?
I was close to selling a block of shares. This boat is too much of a fun ride to sell them all. I will hold my shares to the bottom of the ocean or to the moon and I will enjoy the ride.
I have a computer science degree as well. I just noticed this on the 10q today as people keep posting about the the note is falling the note is falling. I just do not think the holder of the note will dump 38 million shares on the market in a few days. I would not burn that much money if I could do it slowly over months.
I am also a licence stock broker but currently work in computer science.
I did post the legit question as to it converting at 1 cent.
The bigger question is in my mind does this note still exists? Could this be one that was consolidated after the date of the last 10q. Could people betting on a short play for Nov 30 really get burned.
More to come as we watch until Nov 30.
based on the July 10q.
November 30, 2013
November 30, 2017
10%
$0.01
374,458
394,458
Mighty Bull,
I am a long as well and please tell me if I am wrong but the shares will convert at 1 cent not current market value.
I wish I was the guy that loaned 80 dollars at .001 cents. I would be rich when it converted.
See I will disagree. The different types of notes define the type of investor. This 380K investor believed that 1 cent per share would be a bargain and I would be willing to bet that they hold some stock and drive the price up for maximum profit. Probably sell 1/5 of the total shares so they run with free money. Drive it back up and sell more. But this one will not be a complete dump. I am putting money into my account just in case I am completely wrong and I can get some more shares at 2 to 4 cents.
Wow - read the note again. It converts at 1 cent. Not a percent of price or anything else. So it will convert at 38 mil shares.
If you get that many shares what would you do. Kill the price per share or unload slowly to keep a 5 to 6 times value of your loan. I think people with money know what to do.
No carnage on Nov 30th.
So if I read the conversion properly some investor will get 38 million shares of OMVS. At that point the investment should be worth 5 times that. Most that post about this think the investor will just dump the shares and tank the stock. I think even the toxic are smarter than that and would try to hold above a 6 or even 7 to get the full reward,
So for 100K plus 5% of the company SR could have started a new shell to merge with.
Lets not for get the 300K loan that OMVS had already loaned RAD. That bumps the price up a bit. Why not merge with the people you are already in bed with and take control at the same time.
I also see that SR took 51% of the voting rights making Garret a symbolic figure head so to speak so the games could end here.
I hear a lot of talk about new notes. Is this total speculation or some inside track?
Yep time will tell.
I agree that dilution is not a good thing for an investor but I also think that if it is done correctly with the potential to grow the business then It does not hurt my investment as much. I know it is a popular opinion that all or most of the dilution was to pay off notes but as a glass half full person I believe that some dilution was done to operate the business.
Only the 10q can answer these questions and more.
Best answer yet.
1 Thanks for not saying 1 as was done in a previous post today.
2 Freebies for Romeo cut the cost of every additional bot making those more profitable than a normal rental in my opinion.
3 The bots that have been purchased were paid for by the dilution that has already happened thus nothing to pay back moving the money into the profit category. If you really want to get technical profits go up because the cost is paid for through stock dilution and the cost will be amortized lowering the tax burden.
4 Still time left in the 4th quarter I am not saying they are going to make it but you never know until the quarter closes and the 10q comes out 2 months later (LOL).
5 Who cares about debt when you can dilute a stock and pay it off. Day to day fins need to start getting covered. IMHO
I am thinking I am a smart guy. I hope SR is as well or reads this.
LOL
Help me count
1 romeo red
1 romeo black (Romeo was promised 2)
3 new paints
1 black and white
1 blue
1 green but not sure on this one.
That is 7 to 8 bots that will be earning before the end of Dec.
1500 * 5 = 7,500 per month. Took off the Romeo's because they are getting free batteries for those bots. Is this a correct assessment of what we know based on twitter?
I think you are onto something. I will hold onto some cash and see if I can not pick up some 4s on the 30th. lets see if I could get 4s that would be 25000 shares per 1000 dollars.
Yep that is the name of the game which is why I have taken profit and bought again on the dip and still riding free. I will hold long what I have and look for the next opportunity.