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I never thought an insurance guy would be the one to deliver me good news...LOL
Thanks for the positive info!
Exactly...I think everyone here can agree that lack of updates is one of the biggest killers of the PPS.
Yes, they have two big issues to address, but keeping the people informed on those issues can make a huge difference in attracting new investors.
I used to have faith in this company because of the management...but as of lately, my confidence in that has dropped significantly. However, I still believe those of us who have bought in well under a penny will still make out GREAT if we hold on long.
As my dad used to say about his old company which was a family-owned, poorly run corporation... "We've got such great products even our management can't seem to kill the company!"
I think EVTI's end product solution will be highly desirable by a major company...they just need to get on the ball and get them released.
I still have faith in this company making the turnaround...but I am getting really annoyed with the lack of information being given to us shareholders.
1.) Address the convertible debt
2a.) Release apps
2b.) If no apps to release just yet, explain where they are in the process, what the holdup is, and a time table of when to expect them
It's that simple really...
Silence is golden. Unless your company is funded by shareholders. Then silence just pisses a lot of very important people off.
Most info I can find...
From the amended 10-q:
5,000,000,000 Authorized Shares
There were 1,101,066,432 shares of the issuer’s common stock outstanding as of November 23, 2015.
Can you provide a link to where Jack, himself, has stated that he has lost all confidence in EVTI? The last public post he made clearly demonstrated he is confident this stock rebounds in due time.
With that being said...I do think management is making a huge mistake by continuing to remain silent on what's going on at EVTI. Shareholders want an open line of communication and instead they're getting nothing.
That's a real turnoff to potential investors.
Woo! That's good news!
I didn't notice this before, but here's the current OS as of a week ago.
There were 1,101,066,432 shares of the issuer’s common stock outstanding as of November 23, 2015.
Who is management? Oh, nevermind...found it on their old app. There are no management reviews that I am aware of on the new app.
Yes, for a startup company, functionality can make a HUGE difference for acquiring new users. It's entirely possible the first version was thrown out there on a whim just to see what kind of response they would get with it and they decided to review it to sway unsuspecting users into trying it (a lot of companies do this...it's dumb but they do...just look a business page up on Facebook and read the reviews).
They dumped that app over a year ago...which tells me they decided to start over fresh. They have since also made big changes in management bringing Harvey in as CEO.
Is it possible they will continue right where they left off back then and go absolutely nowhere? Yes.
Is it also possible they will take things in a completely different direction? Yes.
If the former, I lose my investment. I am prepared for that. I won't be happy, but I knew it was a huge possibility when I bought into this company.
If the latter, my future as I know it will change for the better. I like going to the casino. I always lose. At least when I gamble this way, it's a well-thought out gamble. I may still lose, but that loss won't be dictated in a split second with the pull of a handle...or I guess nowadays, push of a button.
I'm not spending my retirement money on this company...just some spare money I could afford to lose. Anyone who wagered their entire retirement on a penny stock probably should rethink their investment strategy. So now I'm going to sit here and ride for a while and see if this company turns around. Sure, I could have waited and bought in when it got back up higher (if it ever does), but I'm not looking to make 200% gains over 5 years. I'm looking for 1000%+. That requires investing in sinking companies everybody has lost faith in with hopes they suddenly get their shit together.
Good luck to you all regardless of what strategy you're using!
That's the old one...they say they will be releasing the new one, full revamped, "around the holidays".
This is supposed to be a supplemental app to their main platform...it was also apparently leaked early and I have a feeling it wasn't intended to be announced just yet.
Either way, they have to start somewhere...I don't think they're doing any advertising for it yet. Likely waiting until they feel the time is right. Although they better hurry the f up....
Yeah, there have been many making those claims and while I hoped they were right, I didn't repeat them since there's no proof whatsoever.
Any "claims" I make are opinions and will be stated as such.
I never made those claims. One of the recent PR's stated product releases on schedule for release around the holidays. I'd say it's safe to assume that after January 1st, the holidays have passed.
In my opinion, the month of December is really going to make a statement on where EVTI is headed.
If there are no additional products released and the PPS isn't in the process of recovery, I think we may be getting strung along. Retirement of convertible debt should begin occurring around this time too. If neither is occurring prior to January 1st, I will be beginning to worry about losing my investment.
If either one happens during December, I will remain confident that I got in on the ground floor of something great.
If they R/S, I will probably be pissed. Then I'll bitch here and do nothing about it. Ha.
Yep, exactly!
Agreed...that and investors are waiting to see signed agreements not confirmation of negotiations no matter how far along they may be.
Yep, I'm hoping we see some more app releases soon...I've also been checking nearly daily for updates on the gift card app. So far still on v1.2. I'm hoping the next version will include options to purchase and send gift cards to others. That will open up a new revenue stream.
Their Cheech and Chong product solution should be getting released sometime soon too I hope.
Just for shits and giggles I tossed $23.45 (my change from my investment account) toward FFFC just in case it suddenly jumps once that's released. Might make enough to take the woman out for a really nice dinner instead of the Chinese buffet. ;)
For being just a "story" that app they recently released was extremely well developed. My background is in IT, specifically programming. That app wasn't just slapped together for the purposes of tricking shareholders into investing.
I wouldn't recommend anyone tossing their life savings into this company but it won't kill anyone at these prices to pick up 500k shares and forget about em a while. That's what I'm doing.
This 10-q was no surprise to me...I knew this company wasn't going to be a get rich quick scheme. With patience, I think we will see them pull out of this rut and take off with very legit products and services.
While the numbers sure are terrible as expected, what I did look for was their road map for the future. What stuck out to me was their intended forms of revenue. Just as I had been predicting this is what was said.
In the course of the evolution of our products and services, we anticipate receiving revenues from the following sources:
Hardware Sales
Digital Invitation Sales
Event Ticket Sales
Gift Card Sales
In-app Purchasing
Sponsored Content
Targeted Listings
Promotional Offers
Media Cloud Storage
Ad Suppression Subscriptions
Data licensing
What delay? Their PR said product releases over the holidays...they've released one so far and the holidays aren't quite here yet.
Do any of us know the facts on whether the over 500 retailers associated with on the gift card app were listed on there for free or if they paid for placement?
I assume it was free but I don't have any facts proving they didn't pay for their listing...maybe you do?
Exactly!
Snapchat was generating zero revenue off their free app for the longest time. Within the past few months they added a few features that will generate revenue (camera filters are $.99 or you can send money to friends) but those features weren't added until after Snapchat's $16 Billion valuation.
While they weren't generating any revenue, they were gaining users. In the social media world, users are far more important than revenue generation when it comes to company valuation.
With the gift card app, they already have a list of restaurants on board with it...they are adding a feature where you can purchase and send gift cards through the app. There will be significant revenue generated through the use of that feature without forcing users to pay for the app (you CANNOT successfully release a paid app in the social media world) or placing annoying in-app banner ads. The best thing is that this app is just a side app to go with their Eventure 2.0 platform. From what I've read is it will be integrated into that platform once it's been released. If they continue on schedule, we should expect that release before the new year.
Eventure Gift Card Wallet
Conveniently store, share and use your Gift Cards in store with Eventure Wallet.
Have you ever gone to a store and just remembered you had a gift card at home that you could have used?
Or what if you went to the store thinking you had a gift card and found out that your significant other had taken it?
Well, never again. These and other gift card nightmares are a thing of the past with Eventure Wallet.
So dust off your gift cards from the drawer and get them into Eventure Wallet for convenient access, sharing, and use with your smart phone.
Current benefits include:
Widely Supported
•Currently supports gift cards from over 500 retailers and restaurants
•Easily check gift card balances from most retailers and restaurants
Convenient and Secure
•Upload and store physical and electronic gift cards
•Barcode supports transactional usage of stored gift cards with point of sale terminals
•Secure username and password login
Time Savings
•For stored gift cards, location finder lists closest retailers and restaurants to your current location
•Access to gift card map groupings so users can be most efficient with their time while shopping
Shareable
•Family share feature allows you to share your stored gift cards with family and friends to further promote gift card usage and transactions
•Access and use gift cards that are with other family members by having them share their gift cards with you
Future feature highlights of Eventure Wallet:
•On-going additions of gift cards from popular and niche retailers and restaurants
•Enhanced geo-location services
•Near-a-location push notifications
•Flash sale and daily deal push notifications
•Purchase and giving of electronic gift cards to friends and family
Keep in touch with Eventure:
Follow our Blog: http://www.eventure.com/blog/
Like on us on Facebook: https://www.facebook.com/eventure
Follow us on Instagram: http://instagram.com/eventure/
Follow us on Pinterest: https://www.pinterest.com/eventureon/
For more information on Eventure, visit www.eventure.com
Dude, I would cry...lol
Ditto...I'm red but just barely.
I have no problem sitting on this a year or two. I have confidence this stock is going to skyrocket in due time.
Green from yesterday's close in the trips...it may not be much, but it's a step in the right direction.
Of course, no bid will happen next week. Just like it was going to happen this week and last week, right?
Out celebrating a green Friday.
I'm sure they're in the process of finding one...something tells me they can't just call up the first accountant and hire them without ending up right back in the same mess.
Yep, I expect to see big things happening over the next few weeks. I don't want to speculate but I think what happens over the next month or so is going to tell us whether our gambles are going to pay off or not.
I think this is the calm before the storm.
Too lazy to do the math but enough to make me feel a lot better about the back taxes I owe..........hahaha
It appears if I'm reading it right they owe taxes for 2008 and possibly part of 2007 (unsure on that part) but all else is current.
http://webapps.co.sullivan.ny.us/IMO/TaxInfo.aspx?SwisCode=484689&PrintKey=009%20%20%200001041000&Hist=True
Hard to read their system...ours here is super easy. Ugh.
No, I didn't...good idea though! Will try to check...hard to access that stuff from my mobile.
Lol...didn't notice. I was just curious why they even own a house? Haha
I'm not sure what the market cap is currently...but I just decided to play with the property tax records of Boreal's property in New York and between their two properties alone the market value is $1.5M
http://webapps.co.sullivan.ny.us/IMO/propdetail.aspx?swis=484689&printkey=009+++0001041000++++
http://webapps.co.sullivan.ny.us/IMO/propdetail.aspx?swis=484689&printkey=009+++0001040002++++
That is just for the improvements and land only and does not include ANY of their equipment and other assets.
I would say this stock is pretty undervalued right now.
While there may not be any signed, verifiable contracts available, we should be able to rest assured something is in the works as they can't make false claims to be associated with a company without setting themselves up for a hefty civil suit.
A signed contract would certainly be of benefit to the current PPS though.
Well, wait until tomorrow to inform the masses so I can buy the rest of my share goal tomorrow without running out of money.......again. lol
$34 short last time. Bah!
Yeah I gave up and got 9's...lol. Of course my goal was to go long on 500,000 and I ended up $34 short of affording the full 500k. Dammit.
Ok, I gave up and moved my bid up...lol
Let it fall...then my 323,000 order at .0008 will get filled. I missed the bus and I'm trying to catch up!
EVTI is never going to produce an app! It's all fluff! Such a POS company!
So don't download this app EVTI produced just like they said they would, k?
https://play.google.com/store/apps/details?id=com.eventure&hl=en
So when a company says they're going to release something and they do, that's considered "fluff"?
https://play.google.com/store/apps/details?id=com.eventure&hl=en
They say version 2.0 of their main platform will be released soon.
I guess they always provide a version 1.0 with all of their "fluff"...
https://play.google.com/store/apps/details?id=com.eventure.app&hl=en