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Need to read the PRs and understand how the business may work.
Go back and read all of the PRs, Q3 and realize ywar end was 10/31.
if for example one of the 1.2m contracts was signed in August for units at 100k per month and delivered in Oct. Most likely 100k will show as Q4/2017 revs. the rest will be in 2018.
Most if not all of the contracts signed in Sept/Oct will show in 2018.
Having said that there were contracts signed earlier(many) than Sept all year that will show in Q4/2017.
Q4 will be great. Upcoming Qs will be bananas.
From what is public and based on all of the above my guestimate is 2-3m revs for 2017 which is up from Zero plus debt a year ago. 20m-ish for 2018 (and more but I stopped keeping track for 2018 cuz revs are clearly stacking up nicely). That doesnt count any other revs or things not public.
To my knowledge there is no credit facility and the acquisition of cogosense was paid for or being paid for with incoming revs. 3.6m in 6 installments if I recall correctly - By doing so they will get 100% of driving app cash instead of half and half with cogosense.
Thats where the cash is most likely going. Some shares to pay off debt. Clean books and mega revs moving forward. Plus potential catalysts with major companies in the mix.
Hard not to have a decent position here as it will blow up, just when not if. If you have the patience. Or if your willing to try and time it or chase it.
Im thinking Qtraders math may be extended out too far as I think if not everyday that many days more than 1m shares have been dumped for the debt. Especially into good news.
Colorado piece just delayed for up to another 120 days.
Only good news here is that we know they did "something" on 12/4. The something doesnt reconcile very well with Bermans earlier 7 day estimate which has not gone over well.
Big picture - Revs will heal the execution warts of some of the small stuff. Ceo should stop talking and reflect on how to conduct himself in terms of reporting accurate info/estimates. If you dont know when events will happen shut your mouth instead of giving bad info. Anything less comes off as slimy.
Having said that all the whiny bitches on the board either werent here or didnt mind the PRs and Q3 fins which sent this to copper.
When the dumpage is done this will go back up. Not the audited fins. The dumpage that is causing others to dump, compounded dumpage.
005 would be a great xmas gift to....me.
What better way to spend the holiday season than watching pps grow.
Steve has never said QVC was dead right?
Wasnt looking good but said he was still working on it right?
Wait for fins then evaluate.
Looks nice buddy!
Not employees. A distro deal using Capoli sales folks. They sell they get paid. Pretty simple and good way to lock up east coast.
Be sure to let them know know its a great time to get in the stock as well. Once you are done harassing them you can put your money where your mouth is as well and move from starter position to serious position.
Though be careful to check their website first for any pictures of crooked text. That will clue you in that Capoli is in on the grand conspiracy as well. lol.
Long way to jupiter...Everything they have shipped so far was for testing and demonstration.
Could be years before they get an order, if they get the order for the actual mission.
Hope they get it and it doesnt take too long.
Seems like the products/patents are decent but they just cant sell anything.
Only short term hope is if energizer backpacks become a hit and provide consistent and increasing revs while waiting on a home run.
GSA catalog hasnt produced.
Someone else locked up LM satellites.
Running out of space to operate in the stated focus area.
Keep it comin wrench!
Blade
In addition to what has been PR'd.
There is also a decent amount of revs that cogosense generated on their own.Now that we own them and dental group those should be included in 2017 as well - correct?
And much of the 2016 numbers were based on partnership with cogosense. 50-50 (roughly). Should see a bump from that as well - correct?
Point being there should be much more to 2017 even with most of the recent contract rev going to 18.
I think breezerunner did an estimate a while back of about 2m for the year. I went through eveything available taking into account when the contracts were signed, per month volumes, etc. Guesstimate was in the 2-3m range for 2017. Just on what has been PR'd and not taking into account cogosense and dental group$. Wouldn't be surprised to see 3-5m.
I'd be interested to see what you and others come up with for guesstimations.
Expectations...
Just a reminder most of that 20m will be in 2018 as it is likely contracts signed close(month or 2) to 10/31 onci year end may not be recognized in 2017. And if they are shipping and invoicing monthly then it is also possible/likely revs would show in 2017 for what has been delivered up to 10/31.
q4 and 2017 year will be great...like 2-3m-ish good but 2018 will be incredible.
Could you hold down the frequency of your " nonbashing" posts at least until the fin deadline has passed. If he misses the 1/31 deadline we'll all join you in the "nonbashing".
Wasted clicks to get to your posts. Realize nothing worth reading. Ur gonna give us all carpel tunnel.
1/31. You nor anyone else will know anything until then. Other than all the great PRs Steverino puts out.
Someone else posted 73 otc tickers ran 100% today. You could make a killing on those.
ONCI is like Santa.
If you dont believe you wont get gifts.
Dont be a scrooge....beeelieve.
Nothing to fix.
He just announced additional revs which is a positive development.
There will continue to be more positive developments.
Exactly!!!!!!
Steve should give the revs to some other company so they are not associated to him or onci. Then there would be no reason for this stock. This board or you posting on it.
Cant believe revs are tied to CEO and the company. A crisis!
Fins berdie. 1/31 or sooner. Bitching about them wont make them come any sooner.
Please shift back to the mazars letter conspiracy. That was at least funny.
It is a website.Thats about it.
To that havent followed closely its a hodgepodge of on4 and hexa with no links out to cogosense or bsafe sites/facebook.
Cogosense has nothing on their site about on4/hexa.
He'll get it cleaned up after name change I hope.
Yesterdays PR was pretty much equal to all of 2017 revs. Stock should have flew. As it should have with the last 2 monthsnof PRs.
I have to think 2 months was plenty of time to absorb 60-80m shares for the debt. My guess is more than that number.
Also, 6 installments to pay 3.6m for cogosense with receivables but 2 months of dilution for 600k. Maybe he fell a little short?
Also, would think us longs would have dumped way above 1c and not wait to go back to 008.
Headwinds for PPS Ranked:
1. Dilution
2. Fins
3. Steve shooting himself in the foot
4. Ill add berdboys mazars letter conspiracy just cuz its funny.
PRs timed with dilution is dirty and slimy but to be expected.
With the headwinds still think 2018 will be amazing. If dilution continues into 2018 that would be bad and worse than it is now.
Wasnt there talk of a 10m credit facility?
Didnt he say it on CC? Dont think it was posted.
Just dumb.
Contracts are confidential for a number of reasons.
Fins are coming. Thats what you are entitled to if you are a shareholder...nothing more.
Choice is to believe Ceo would risk $$$ and/or freedom by lying. And all of the companies he has PR'd are in on the grand conspiracy.
If your DD or gut feeling believe that then may be the wrong ticker to park cash in.
Cash will need to be parked as fins will be a little ways out which should be much better than Q3. And revs arealready stacking up for Q1 and Q2. Patience is the key.
Revs are king. CEO will learn and get better at the small stuff.
Thanks.
And 3s were out there. Jeeeesus MF Christ.
Snooze and loooooooze.
This whole morning sucks....big time.
I missed 6s. In meeting. Job is messing with my onci stash.
Congrats to all that got the cyber wednesday onci deal!!!
Hi Mary - Any way to repost and sticky the great links you found previously with canadian m&a activity. For some of the folks that may have missed it.
Thanks
The logo and text all appear off due to camera angle - margin narrows down the left side .
Below is mazars sample. looks the same as onci letter.
Because things were blacked out or not shown is fair gripe - fake is a leap.
http://getfilings.com/sec-filings/120215/SMARTPAY-EXPRESS-INC_8-K.A/smartpay8kaex161021512.htm
Also, one could research Canadian M&A activity to see the acquisition listed from 3rd party and not PR.
Could dig through Marys posts as she posted 2 sources which listed the acquisition along with all other Canadian mergers and acquisitions.
Imagine the company named Cogosense which we acquired had existing manufacturing for the product they were selling to ONCI and their own customers. You can do the DD on where cogosense is located - homework...
Amazing what can be found if one looks.
What companies do you know of that make confidential information public - like NDAs or contracts? Info you need to see is in filings.
Forget for a moment whether you buy what ceo is selling.
Asking to see actual contracts and nda is a non-starter for any company. Not a SB conspiracy.
Patience. Choice is get in or dont get in. Folks on this board have seen enough to come to the conclusion things are moving in the right direction. As events unfold everyone will add to their own equation. Bashing has zero impact to most on this board.
Critism and healthy debate is good but crooked photo of letters, expecting to see confidential info is assinine.
There are plenty of companies that were on qvc and in retail then go back to qvc.
production has to get ramped up with all of these contracts so ramp it some more.
If salesforce is quadrupled they should be already ramping. Qvc should be a production issue but of the problems a business could have filling orders is one that should be resolved.
If qvc doesnt sell through then use those units to fulfill other orders. If it doesnt sell through it will also expose improvements needed for the pitch.
If it does sell through then negotiate the price up on the next run.
CEO is complicit in giving them ammo the last few weeks.
Instead of saying you'll deliver something later in the day then delivering a month later. Better off not to say anything and release when able to.Bottom line is this is delivered...late but delivered. So the posts about crooked text are just stupid at this point.
Instead of saying 7 days...wait til its done then announce. Left with clusterphucked web presense. Hopefully done soon and website can be updated with links to existing subs-cogosense and dental practice, etc.
Marketing campaign hopefully is waiting for name change and the current fb page isnt....it?
Hopefully he will clean this stuff up in regards to executing on the small stuff and learn. If you hope it will take 7 days but think worse case it could be 20 days....add some fluff time so you can deliver sooner than expected.
Stacking revs is still numero uno. Cant wait for next PR regarding mid east trip, all folks currently testing and finra BS to be finished.
Mr Berman - If you communicate a timeline its not a crime if you dont deliver but you do owe the folks paying the companies debt off a reasonable update.
Just dont focus on any of this while making more deals.
Thankfully there will be plenty "of those guys" coming up to drive this up.
Name change - Finra is co- conspirator.
So is San Antonio.
So is Ford Fleet.
So is Ford.
So is BMW.
So is Chrysler.
So is QVC - Hopium levels are not empty on this one yet.
So is additional insurance company...MOU expected.
So is Assurant.
So is Mazars.
So is Gunther auto.
So is Berman for announcing all of the rev deals.
Middle east newspapers were in on it as well.
When this is all said and done Berdbrain can write a conspiracy book....nah, his starter position will grow and he'll wish he took a big boy position.
Steve was beaten into submission to show the letter....showed it....
and still whining. Steverino - Take this as a lesson not to read and respond to this board. Just focus on stacking revs.
take a closer look. the text and graphics are slanted to the right all the way down. Its just the angle of the shot. This assertion of the fake is ridicuous.Shamefully ridiculous.
Larger companies would be able to market their wares effectively right?
QVC is geared towards new products, new companies, etc.
Im of the opinion you get on QVC even if margins are lower than usual just for the exposure. Especially a company like ONCI that has zero marketing and a mix of ONCI twitter and Hexa website.
Being afraid to do it cuz you might get stuck with inventory gives the impression you dont believe in the product or the ability to present the product in the QVC format.
Hope they are still working on it and find a solution rather than walk away. I would rather the short term focus be on blasting out basfe. My preference would be dump shares if thats what would be needed to get the 10000 $23-30 units for QVC.
If its a matter of we cant produce that many in time to execute then how would we produce for all of the new contracts coming in.
Go Steverino! Figure this out and save the kids and my account.
Right but your initial point was that they need better pricing and you didnt answer how better pricing would solve the inventory problem...
And you are totally discounting the exposure..."just a retail outlet"
If this product cant be presented and sold on TV then where...just a car salesmen telling a customer about it is the best model.
I get the chearleading, I really do.
In this instance he needs to figure it out...get the $8 per unit capacity up and running. That will fix the margins.
Better pricing solves the inventory problem how?
Did we have no idea of these requirements before talking to them?
This in my opinion will be an item that will be watched by many to evaluate the ceo ability to execute.
If this was a dealership wanting to beat him up on margin...fine walk away.
QVC even on break even deal is free marketing.
QVC....figure it out. His 44 people can go work the factory graveyard shift...whatever but just figure it out. Go to a bank with qvc PO in hand and get capacity.....figure it out.
Hopefully he will. For all of us.
If we were selling a consumer staple I would agree.
Odds are customers would be hearing about the product for the first time from either QVC or a dealer-not both.
Not sure we would have consumers out price shopping bsafemobile for the holidays.
Fair points though....but no brainer imo no matter the economics due to the marketing exposure of which we have zero now. I would take any margin without thinking twice for this deal.
QVC....Small margins....You have to take the deal with QVC even if small margins. If for nothing else you make a few bucks and get exposure to 350m global viewers.
Steverino - Please chill on the twitter until after you talk with the lawyers and come to your senses and make the deal next time. Plenty other deals out there that will be profitable. QVC is about exposure and recognition to both customers and the market.
Even if you have to beg, borrow and steal (not literally) to make it happen and get the units produced.
cant expect him to drop a dime on his pot dealer...thats against man law.
Though by end of day tomorrow it would be best for him to provide update. He boxed himself in by saying 7 days so he should deliver.
Out of all the nonsense on the board this week. This point is fair to press SB as he gave that time frame.
Though QVC is more important update in the short term.
Days not over....