Hey JJ LOL - what is going on with this? You think JW has bailed out of this? .0002 yeah kinda crazy. But with all of the dilution - they did - I suspected it wouldn’t hold up but decline. Inevitable. Maybe we should buy the float LOL. It might up end up changing symbols here soon - maybe shell is on market and we end up making toilets in China. It could end up being a reverse merger with company they allegedly bought- ends up buying daybreak.
After all- they were from the UK baby home of the acid tripping Beatles, maybe they disguised it as yeah we’re selling this to you - but really all we needed was an American traded symbol. Shag me baby. So groovy.
Pathetic - this is what this all became. Had potential too. Who knows maybe they do a 1-1000 RS and morphs into JJ’s Oil & Gas.
Jimmy W hope your enjoying playing some red neck golf down there in south texas. Be careful hitting in dem water ponds there cowboy - those gators could get ya someday.
Couldn’t agree more. I’m well- doing real well.
.0002 is beyond sad JJ. The financials have looked terrible and it’s imo a real concern as a going concern going forward
Who knows on Reabold - where’s the value in buying or holding onto this? Very strange imo.
Their filings are delinquent and not updated for months now - why is that? That’s never a good look/sign imo for a public traded company. I don’t see the value of..016 before it dropped to .0002.
They had hundreds of millions in SPAC- they had plenty of backing and time from serious backers - they imo really to date burned through so much $ and have not brought to market literally nothing of value as far as production imo.
They have ran out of 2 things that something that you one can never buy- TIME & FAITH.
I called this decline before it struck a dollar months ago and a RS was likely to keep it traded on big board. I’m calling a second RS again and if not - it might imo possibly get delisted & forced to the OTC market.
So much potential and yes I still believe robots exoskeletons will be here to stay- I’m not just sure if Sarcos will be a major player in doing that.
This has shorty written all over it and I’ve been using both trade options for many months.
Not true it was in the .30’s couple months ago when they did a big RS- which I predicted was coming to remain above $1 to meet requirements.
Just like I said they would exactly do that and just as I predicted it would FALL once again after a RS below a $1.
This company is in deep trouble with exoskeletons and never delivered on any of that to market and sold any.
I’m going to short.
Great ideas, but it was a pure R & D, which raised hundreds of millions in a SPAC- and has seriously struggled to date burning through that $ raised.
Now their latest Hail Mary is starting a new division allegedly AI.
It could work, I’m still in their corner bc I think their going toward the future. It’s just however, with pulling back guidance and there’s a possibility this gets dumped to OTC or another massive 2nd RS could be coming - I’m shorting. If positive news comes which lifts it- I’ll go back green. Cover my puts.
We called it years ago on this. IMO I suspected what it was moment I looked into this. When I spoke up- several tried to go on the attack. Basic DD, I don’t feel sorry for those who don’t do DD correctly, how most drink the kool aid on micro penny stocks. They end up mostly losing all of their money invested.
Signs of underlying weakness- Now it’s hitting ranges of $1.19 - $1.25....if they don’t turn the ship around very very soon . I can see this trading under a dollar for a length of time - if it does it will trigger another Nasdaq delisting notice - catastrophic and what WILL they do? OF COURSE WHAT ELSE !!! What another RS to boost it over a dollar?
Naw I’ll pass - not until see I see exo suits sold and booked. This AI alleged biz- they just started will be the only thing that might boost or save their company for now - bc if their relying on exo suits without sales - that’s not going to occur right away.
I’m highly disappointed to date since I first became aware of Sarcos filing for a SPAC. They really need to get those suits fine tuned, into production and SOLD.
Enough of the malarkey. However I am a fan of the company and it’s potential - I want them to succeed and pulling for them - I do want to buy and long term hold - but there is weakness in PPS even though it swung to upside recently.
I don’t want to lose any money or shares through a potential new RS if the weakness continues and slides and stays below a dollar again. I could see or imagine their institutional investors likely are looking at them going- hey what’s up?
I smell desperation and decline bc after burning through hundreds of millions and a acquisition / the acquisition imo will in no way will service the debt factor servicing of it. They have not turned a corner in their alleged exoskeletons as of yet and they embarrassingly had to withdraw their future guidance earnings.
How is this a positive look to Wall Street, institutional investors and retail buyers? Answer / it is not.
Now ALL of a sudden announcing in the biz of Ai? Now it’s what back down to a $1.41 close? What’s next - their going to get into manufacturing of toasters/blenders? It’s a never ending situation and STILL they trot out to all these conventions - but yet no major exo suits or booked sales. Imo looking more and more like they can’t imo execute their visions. This was a pure spec R & D play - what is it exactly now? Highly dissatisfied with the lack of Corp execution on mgmt’s part so far. I think IMO it’s a continuing mixed signals here coming from leadership.
Major red flag imo.
I’m wondering since Daybreak Corp offices are based in Spokane Wa- in their filings and rare PR’s - if Daybreak Corp is treating this oil biz as separate. Like is this is the only exclusive single entity operating - their oil biz?
Is Daybreak as a corporation, based in Washington State, is it possibly involved in other potential industries - we’re not aware of? Because on the surface - it appears to be through PR’s and filings - it’s only entity is this oil biz, that we all are aware of.
Since it’s based in Northeastern WA- it’s a heavily forested area and plenty of silver/gold mining in the geographical radius within several hundred miles if not thousands sq miles.
Look at the board - look at what other types of business that they are connected to - mining and possibly forestry maybe? Also on south to eastern texas- it’s heavily wooded and into Louisiana and throughout the south to eastern seaboard. It’s heavily timbered - oil is a mineral resource- but I’m curious if the company is into timber or other resources or it’s board. Or silver/gold mining.
I’m seriously wondering if Daybreaks board is indeed mostly into other industries. All we see is this oil biz deal. I’m curious, is if there are other industries connected to this entity that we’re not aware of that are operating. Certainly not implying impropriety - of any sort. But looking at their board - imo they might be involved in other industries. Certainly not a big deal if they are- that’s normal typical.
I mean who is Daybreak exactly? It’s comprised of its board members. Ok so what is that they do in Spokane and surrounding areas?
Timber biz is big biz so is mining.
The Chinese Russians North Koreans and Iranians wouldn’t care to much for me if I was president or influential leadership in Congress.
Because I would act and act decisively. There wouldn’t be within 1 year, not one Chinese company in the USA. They wouldn’t own any land either and banned also from our capital markets and no getting around it through LLC’s or INC’s.
Every corp buyout would be revoked and voided. Sue all they want. Idc. Laws passed no more access to capital or our markets and force EU to do same. They are looking at global dominance through economics, buy outs, cheap labor a bigger military.
I’d put an end to the BS real quick. They don’t like it - who gives a crap. Ramp up military in Philippines, Guam, Taiwan, Japan and SK. Encircle the essholes. Remove from our country every asset, entity and any land they acquired.
If any politician took money from them or university it’s called treason - death by hanging or execution. Like the old days from our past. We need to control the mining and oil and gas, food chain, energy, pharma- tele- everything.
They’d be out of biz real quick and permanently. We’re ran by sell outs and out of touch politicians who’d rather profit from communists than stand up against us repping we the people.
Democrat, independent, Republican and or dont vote at all. It doesn’t matter. Mining and forestry and AG, manufacturing, food, energy is backbone of America.
We need to get back to what we stood for and did. We can’t allow our resources, corporations and lands including our politicians being corrupted by China any longer. Red China is real - it has been. But I’ll tell you what’s more real. Is the real United States of America. It’s time to take control of our assets back, our lands, our government and place in world economically and militarily. No more BS. Cut them out and off. What are they going to do about it? Not a damn thing. Want to fight economics wise or conventional warfare? Ok. Let’s dance. They won’t like USA as a dancing partner when we pull our heads out.
I’d like to see another 30-50 new true 100% USA exclusively mining outfits be created here in the United States - while it’s ok to have the Canadians here amongst us - We really need 100% USA controlled mining corps.
I think with the China situation and other communist countries strategically attempting to dominate metals and rare earths - that we need to start getting 100% new USA mining corps off ground and start snapping up resources here and globally.
It’s time to start defeating foreign entities in mining. It’s against our core strategic interests. Across the board every metal out there. Dominate it.
Imo we need to block any and all Chinese investments into the USA. It’s time USA politicians start understanding the threat and take preventive measures it’s against our interests. Revoke all Chinese students from all universities as well. Kick every Chinese listed companies - not being audited off our markets and no longer have access to our capital markets. We need to change the laws and now.
We need to wake up and it should have been 10-15 years ago. We’re literally at a disadvantage and we have to roll back any investments out of the USA and revoke any corps with interests in our markets. China can’t have it both ways any longer. Close out and terminate every Chinese company vested into the USA. That includes every company and every industry. Congress needs to act and prevent ever again any Chinese company from buying an American Company period.
Go full throat at them. Enough. I mean it - revoke every deal they have here in states. Boot their spies out through our universities who are stealing our intellectual property.
Bring McCarthyism back, this time, it is real. Look at our president and his kid? They close their markets to us, built their military and attempt to dislodge us as a global power through economics.
Congress should take action, stop bickering, STFU, and start working together to void every Chinese controlled company here in USA. They can’t buy land either. Nada. Send the message. Right one.
If I had it my way, I’d build 4-5 new aircraft carriers and base their butts in EXCLUSIVELY in phillipines, Guam, Japan loaded with 120 aircraft each, thousands of missiles, build another 40-50 subs and base same areas, bring in 250,000 troops FT. Put them in their back yard. Kick their asses out of fake islands in China Sea. If they attempt to build any more- sink their crap. Attempt to bully anymore ships and smaller governments around them - don’t tolerate it.
Time to shut up or put up. Deny access to western capital markets including EU. They support NK, Russia and Iran. I say screw them.
Now their RS a crappy 1-6, gee sign me up. They have not met benchmarks for exo skeleton and now it’s an alleged AI/software branch being developed. Could you imagine if you were an investor at very beginning buying in at that early way over priced PPS? Just to watch the thing sink like a rock throwing into a pond LOL omg. I’d gone bananas. Just to watch the blood bath in PPS decline over and over predictably. Honestly - I can’t understand how their still around.
So what are they? They were far over hyped in the beginning slick media and hitting trade shows doesn’t equate actual production of suits brought to market and SALES. The RE2 acquisition isn’t a game changer right away and likely imo won’t be. It’s be like yeah thanks for stopping by our booth at the trade show - but for years we can’t produce and sell any - but hey cool right LOL? Look at the demonstrations. It’s the future. It’s safety. That doesn’t mean jack - all trade shows in world - if they can’t execute.
They have burnt through predictably and insane amount of OTHER PEOPLES MONEY hundreds of millions and yet they don’t have any exo skeleton massive production nor sales? Enough of the malarkey imo. This isn’t someone’s garage type biz here. They raised a tremendous amount of capital. Time to ship up or ship out.
The alleged AI- imo is their Hail Mary to try and jumpstart something. Unless - the new temp president Peterson with a background from Boeing can quickly turn this around or imo their looking at possible another RS if market starts seeing they can’t execute and PPS once again sinks below a dollar again.
THEY NEED SALES. Something. Can’t go that road again or this thing is over. The capital institutional investors won’t screw around.
They better do something and fast or the 25% reduction in workforce is a who cares deal. SHOW THE MARKET SALES, SHOW THE MARKET THEY CAN EXECUTE. SHOW US EXOSKELETON SUITS WITH SALES.
No more talk. No more blue sky. Execute get sales or move to OTCBB and come back if and when their actually making sales and exo suits.
No way was I buying in. Wanted to. But knew transition from a R & D into an actual manufacturing company is never easy. Especially a SPAC.
Wanted them to do well- but I wisely wanted to see what they would do. Saved a lot of money on this one. If it turns around holding my breath- then I’ll review. I think AI could be their savior. We’ll see.
HEY JJ. I haven’t been hardly at all many months in between. Just recently started checking in. Glad you surfaced as I. Yeah not much faith here- it is what it is. Was still holding out a small glimmer they’ll pull this out. Who knows- PR’s on slow drip makes everyone wonder. Thanks for the tip on yield max I’ll check out and yes OLC has risen.
I’m out of DBRM...might get in later if appears their alive and not in the mortuary basement. Too many other plays to invest into. I do have your email.
Totally makes sense give them a year- but if you give them a year I’d likely ride it out until right before the end in 10 years and try and dump it. Right now - doesn’t look good and it’s trading over a penny. Don’t know why either...unless people are trying desperately to hold bid/ask up? With no guidance from trust their doing nada- risky biz. Really to bad too it was bad news and was paying little dividends - which if you owned a lot it was paying out. Sucks.
Cool - yeah really hopefully they start drilling - raise production and start getting decent PR’s out. Be nice to see it reach even .05 to .10 cents here in states. It’s sad I’m even talking of those prices per share. I just have been around a long long time here and nothing really occurs let alone increases in PPS.
I have been off the board for months - just checked in today.
The dilution on this - is staggering imo along with the OS and massive debts.
When you step back take a look at what it always has been - it is what it is. It’s too bad - still not to late however. Reabold and new production appeared promising.
I’m in the states where are ya, UK?
Just my opinions & observations.
Been observing since went public with SPAC.
Their facing a serious uphill battle imo.
A recent 1-6 RS never a good thing.
Would be delisted from Nasdaq if not.
Burnt through 100’s of millions from SPAC.
Still no exoskeleton suits or sales.
Closed RE2 Pittsburg facility from merge.
Withdrew guidance - TERRIBLE.
Temp CEO had to step in from board.
Allgood is out as CEO.
RS PPS from $1.87 to $1.45 first day.
Barely trading at $1.45 range to $1.55 lately.
I smell a shorty position to bring PPS lower.
They can’t afford a 2nd RS- have to keep $1+.
Good concept- terrible execution from R & D.
Acquisition of RE2 I question it more now.
Need more capable engineers.
They save $3 million relocating. But do what?
Exoskeleton needs to be executed.
If no exo- and no sales- this could be on OTC.
Potential yes- it always was that- still has it.
But this is going to be a tough tough rest of year and into 24’ and throughout. If they don’t get sales and production of exoskeleton suits ramped up - stop talking and actually start executing - then this will continue to spiral and spiral in PPS.
Man I’d be upset if I invested previously - but I saw it was R & D, completely trying to transition into manufacturing and KNEW to stay so far away from this I could possibly get - until it executes and get sales and started to look like a manufacturing conpany with robust sales. Because it’s been looking like instead of just a wannabe showing up at expos with suits and saying “hey how cool is this?”
No more talk - Sarcos needs to get sales of exo suits and i imagine their biggest investors are likely giving the Mgmt a big side-eyes lately. We’re talking institutional types with 100’s of millions into this SPAC. They want to see and demand a return on their investment. They won’t wait around forever here.
Sunflower Alliance Lawsuit and issues regarding a well at the acquired Brentwood property through Reabold - is on hold. CA state Govt is fighting it - was moved into superior court- but who knows.
Pretty much a yawner at only 2 cents - why even have a public traded entity? Sure revs are up but the way company has filings never shows a profit. Add in dilution, what’s next a 3-4/1 reverse spilt? If not possibly more? Don’t know how they’ll get this PPS up organically. Are the shares even worth anything? Throw 2 pennies on ground walk by them - nobody bothers even picking a Penny up- these guys produce oil and stock is worth only 2 stupid cents LOL? Is it even worth a Penny?
Get the paddles JJ, clear the area- hit it- no heartbeat- clear- hit it again. Clear- hit it again.
I’m calling it DOA. Time?
LOL..just joking. Hey it’s just typical Baybreak without any swells.
Why isn’t baybreak owning and operating productive wells outside of CA? This is a texas HQ’d company. But yet says Spokane Wa Corp filings. It’s a strange situation imo.
Trying not to bag on daybreak - I do believe that they can still execute here for shareholders.
But the State of CA is no longer a friendly state for O & G- back 20,30,40, 50,60 + years ago, back then, that was not the case. You know writing is on wall when you see 2 big majors dumping AERA.
It’s just after over 10 + years there has been misfires and as a shareholder I have to move on if they don’t start increasing value here to public shareholders. There isn’t any benefit to continue to hold this - without getting any return of PPS appreciation or dividends.
I truly really want them to make it- same as first day I found it. But...the rare blue moon PR’s and lack of opportunity in PPS appreciation is coming to an end potentially for myself.
I am a patient investor - but it’s imo - not in my best interests financially if nothing comes of this. I hope it does! But, I have only myself to blame for investing in this company. It won’t be their fault - but mine - if by end of 23’ this hasn’t executed and I’m still here. We all make investing decisions and I own my own failures when I invest incorrectly.
I was always a fan of this story here and believed in what their trying to do here. The new geo acquisition was a good move. However- doesn’t mean anything to me as a public shareholder point of view if we don’t make money either.
For me, this isn’t a RUDY type of story here. It’s never been emotional. I just thought it had opportunities to go somewhere in the past. So much time has gone by here. It still does have opportunities to make it - but that’s something they have to do execute as a Corp - not us as shareholders. But EOY- I think that’s ok to give them more time to secure permits and drill.
If not - it’s finally bon voyage on the SS Daybreak for myself and I’ll be out by EOY 23’ sadly I might add.
I’ve been in Oxford quite awhile. I usually acquire dividend stocks that trade under $5 but if I like the company - I’ll move up to no more than $6-7 range. As an investor one can acquire more shares the cheaper they are and start building up passive income faster, higher. Glad your in and congratulations - and upon your coming retirement!!!
Yeah I gave up on this long ago, it’s possible they may not pull off anything with permits between now and EOY 23’ -if not- I’ll unload by then.
Smart move on getting out at .05, I’ve always invested into bonafide legit companies that distribute great divs to its shareholders- excellent for passive income. I usually acquire monthly dividends- with less quarterly types. That’s a great move and keep on buying stocks with divs JJ- congrats!
The story here really isn’t one and never really was. After over a decade+. Had earmarks of potential imo, but faltered and has sunk in PPS as we know tremendously. IMO- I just don’t see the company becoming a big player in CA energy markets with governor calling for a complete ban on new drilling in 2030’s. It’s a tiny tiny outfit, compared to the majors- saddled with far to much debt imo.
The OS, could very well be too high now imo. Where is the value for a thinly traded non liquid micro teeny weeny Penny stock?
CA regulations strangle oil/gas companies. Majors shell/Exxon dumped thousands of wells in October in CA in a company called Aera for billions to a German Corp. The oil and gas future in CA, isn’t a bright long term investment nor a wise one imo/ when the state of ca government doesn’t support it.
Doesn’t surprise me imo, it’s been rumored this company has been delayed in getting permits. But if they do, ok what’s their plan, how does that actually translate to public shareholders stock rising?
I just don’t see how this can rise - unless they secure those permits and actually drill 1-2 wells and increase BOE with higher producing wells further up the 5 from their kern play. If they choose imo, to just get permit for a kern well or two- how does that benefit bottom line and create potential new shareholders to create any serious interest here or a rise in PPS?
Wouldn’t it be wiser to drill new wells in higher producing more lucrative recently acquired CA leases further north of kern? Where cash flow will increase much more $ rather quickly?
If this turns out to be their just going to same old same old routine in kern - I’ll likely be selling eventually. This has to start moving to keep my interest and money invested any longer. End of year 23’ that’s it for me.