Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Wonder if Rory wife has anything to do with it?
https://thetelecomexchange.com/la/tex-advisory-board/
Totally agree. The 4th quarter is the make or break quarter. Everything points to it. The time is now.
Well underdog, the only reason i was able to retire early was because I remembered what someone told me in my youth. That was to have many sources of income by the time you get old because some may not be there when you need them.
As far as FUSZ goes itself, it may or may not make it on it own. But I think it could be a good buyout company for someone else. The interactive video is at the right time but the question is: Will FUSZ be one of the key players?
If FUSZ failed, my life wouldn't change but I will be able to travel a lots more if its succeeds!
That is very true. Especially those who say they are always buying. However I retired at 57, some 12 years ago and have done fairly well following my own advice in my opinion. I did let some money slip through my hands with FUSZ.. I always try to sell half on a double and keep the free shares. So i did get my original investment back
Well, lucky for me, I had three timesa as many shares im my three IRA's that were tradable at no cost! But you are somewhat right..hindsite can always shows other alternatives that could have been taken.
Good News...for me at least!
All those thousands of shares in my cash acccount I bought last year (2017) starting from Sept between .06 and .12 are now turning into Long Term Captial gains.
So let the pps start risng upward Big Time!!!!
Momentum is the key. FUSZ has been unable to breakthrough the .50 and hold it. Without any news to feed the momentum, lets see what it does this week
I sure hope FUSZ has uplisted before 1/1/2019 because i need some money to spend on my birthday the same day.
So lets have a Happy New Year in October!
The one thing that most agree on, all movement, all arrows, all timeline, all talk ALL points to the 4th QTR. The Great Transformation, the S-1, the merger, the uplisting, the releasae of V3, the new BOD and whatever else ALL point to the 4th QTR.
If most ALL of this DOESN"T happens in the 4th QTR, then we all have been led down a rabbit hole by Rory.
Just for the lack of anything new to talk about and every other subject matter has already been discussed, except this one.
In reading the S-1, I noticed a hidden and over looked item. FUSZ is going to be buying Sound Concept "Capital Stock" and FUSZ will be giving SC "Common Stock"
Now an inquiring mind would ask: Why the use of the term "Capital" vs "Common" Is this some hidden message here that we should be concerned about?
Also, who within Sound Concept gets the FUSZ common shares and what are they going to do with them?
OK Bill the Trader, I know you have the answers because this is important stuff.
Back to football game
Common stock is usually the first and only capital stock issued by corporations. However, some corporations will also issue preferred stock. The amount received by the corporation when it issued shares of its capital stock is reported in the stockholders' equity section of the balance sheet.
Maybe one day FUSZ will make it on the "Who to Watch" list.
Lets just say you are both right on "Current" shareprice.
You just have to decide on what date you assign to "Current"
That real date wont be known until the Offering happens.
So on that date, each of yours "Current" PPS wil be the same PPS: it will be the "Current" pps TODAY!
Bill, you are missing the big picture. There are 2400 ZOOs in the USA. There are thousand of animals representing 650 different species. So do the math.
If FUSZ can penetrate just 10% of all those animals in 2400 Zoo, how much do you think that would add to shareholder value?
laugh people....
I just wonder if there could be a side deal on the FUSZ stock offering with Saleforce, like they had with the IPO of SurveyMonkey recently. Saleforce agreed to buy $40M. Could be why Rory is confudent about uplisting being all done "simultaneously."
SurveyMonkey also planned to sell $40 million in stock to the venture-capital arm of Salesforce.com Inc.CRM, +1.17% , and there are 2.25 million more shares available to underwriters. J.P. Morgan, Allen & Co. and BofA Merrill Lynch are the lead underwriters for the SurveyMonkey offering.
https://www.marketwatch.com/story/surveymonkey-ipo-5-things-to-know-about-the-survey-software-maker-2018-09-01
If we are going to dream about Penetration
might as well dream BIG about Penetration of the Big Daddy of paying users!
Bill, you are on to something,
It would be great to get Amazon on board.
Just imagine:
Amazon (AMZN)has more than 100 million Amazon Prime subscribers
Amazon 100,000,000 prime user - $150,000,000.00 monthly = $675.00 pps
10% penetration = 10,000,000 X $15 =
Amazon had 310 million active customers
Amazon 210,000,000 (310m - 100m prime) active customers - $315,000,000.00 monthly = $1418.00 pps
10% penetration = 21,000,000 X $15 =
Amazon total would be $465,000,000 monthly = $2194 pps
Holy Moly.. just think if we could get 20% penetration!!!
Gee, what is it going to take to get some life back into the pps??
Hardly any trading in the last 2 hour.
Guess we should be Glad that it is not going down.
Gee, give me a break. Rory will eithet be the GREATEST CEO ever if he does fulfill the dream or he wont if he fails. No disrepect to Rory.
I have paid my dues for the last year or more to find out if the Dream comes true. I stayed because Rory has said alot to keep me here. And I believe him when he laid out his plan to get FUSZ uplisted.
Good post Ted. The dream is about to happen
So will the history books say that Rory was the greatest CEO ever or the greatest snakeoil salesman ever?
I sure hope so since I was able to buy some more today. A nice .20 plus day would be nice right about now.
I guess the next discussion should be, if it all does happen simultaneously, what happens if they dont raise enough money to pay the acquisition cost for SC? Is SC still part of FUSZ? Can it unmerge itself.
The S-1, in the use of proceed section does say thst the proceeds May be use for acquisition cost, not that it will.
Also
Failure to complete the proposed Sound Concepts Acquisition could materially and adversely affect our results of operations and the market price of our Common Stock.
Our consummation of the proposed Sound Concepts Acquisition is subject to many contingences and conditions, including the preparation of audited and unaudited financial statements for Sound Concepts, the negotiation, execution, and delivery of the definitive agreements necessary to consummate the Sound Concepts Acquisition, and raising the financing required to pay the Acquisition Cash Payment. We cannot assure you that we will be able to successfully consummate the proposed Sound Concepts Acquisition as currently contemplated or at all. Risks related to the failure of the proposed Sound Concepts Acquisition to be consummated include, but are not limited to, the following:
Correct about debt being paid first. But if company went bankrupt would there be any money to pay him back? Probably not. So why not go all-in now and make balance sheet look good.
I didn't mean Insider Trading in an illegal sense. I was just saying if a Non Public known material event is going to happen SOON can the CEO be buying shares just before the event happens. So does this mean that NO material event, such as announcement of a big deal, is going to be happening SOON?
Anyway, I am glad he is all-in like the rest of us.
Just for the sake of aurguement and to talk about something other than uplisting:
Is the CEO REALLY putting his money where his mouth is??
The Form 4 says he is doing it for: reducing the amount of debt on the Issuer's balance sheet.
So maybe Rory just wants to make the 3rd quarter balance look good. Especially if he has plans to Sell share, buy another company and uplist.
Maybe Rory realized that FUSZ has no revenue, or very little, and he isn't going to get his loan paid back anytime soon, or if at all, if FUSZ doesn't make any revenue for a long time. Since he probably doesn't need the money, why not take shares and make the balnce sheet look good!
Secondily, isn't this considered Insider Trading??
If so, as I understand it, Rory can't be buying shares if he knows of a Non disclosed material event that may affect the shareprice during a cetrian amount of time. So, by Rory buying shares now, could that mean nothing is going to happen in the near futre to affect the shareprice??
Well, there is on thing that we all can agree on is that the pps is .48.
It has been sitting in this rut for months now.
For some this really sucks.
For other it maybe great.
All the DD hasn't moved it up much.
All the non DD hasn't moved it down much.
I sure am ready for a change!
Now, here comes some nice volume.
PPS should really jump back up very fast.
Because who would be selling now?
Not until FUSZ gers some volume.
Just doesn't make sense. I can't see any company saying dont buy our product because we have a newer version coming out in three months.
Now i can see them saying subcribe to our product now and we will give you the first month free and UPGRADE you to newer version when it comes out.
Dang.. I am glad I bailed out up in the 20's but did keep 700 share for memories
Look like I can buy back what I sold for half the price and say to myself I made a 100% gain
But I will just wait and see.....
Look like we need more bubbles.
They seemed to be getting popped before they even rise.
Lets hope the reversal starts next week.
It is the end of the 3rd qtr today. 4th qtr starts Monday. This would the right time to finally start revealing all of these big deals that Rory has been talking about for months that are going to transform us up to the Big board.
Time for talking is over.
Start the Big Reveal!
All we can do now, is trust Rory as our captain and hope he can avoid an event horizon into the black hole. He says he can deliever, stated flight plans in S-1. If he fails, then FUSZ is doomed to be in the OTC black hole forever.
It all sounds so surreal!
If this all works out and Rory can get a .39 pps up to $4 and get us uplisted on NAS all in one swoop and make me way richer, I will be the first one in line to kneel down and kiss the ring of Rory.
"New shares will appear in our account."
Just thinking here.
Would these new shares be based on the new value of combined company? So could they sneak in RS based on the low value of FUSZ. That is, could they say that it will cost 10 shares of FUSZ to get 1 share of new company shares. I know from other buyout that I have been involved in there is always some share ratio between the two.
Is FUSZ represented there? I didn't see them on the four day schedule of events.
You are not alone pearsby09.
I believed and held.
That "belief" costed me over $450K in gains.
I imagine others have same story.
Will I ever get that gain back, I don't know.
But like you, my average cost is around +- .15
so I can still sell now and say I made 100% gain for the year.
This would be a great ROI in most cases.
But I will hold for the Big Reveal.
Rory whole reputation, and our money, is riding on this Uplisting and Transformation.
How it is going to happen?
I will have to pay to find out.
The only problem here is that FUSZ is worth only .389 as I type.
We haven't seen any evidence that FUSZ is getting any market Penetration at even 1%.
Rory needs to start showing some babies from all this Penetration.
Hopefully, it has been 9 months into the year and the babies will start popping out NOW!
I know about the "noise."
I have been here for two plus years.
I was just commenting on the trading action.
How there was a big wall of .40's sitting there and it was taken out very fast.
They did it. Took out all those .40 bids
So it look like it is back in the .30's again.
I think we ALL want to see the Big Reveal.
At this point in time I find it hard to believe that it can happen from down here at .39.
It has been all talk and no follow through this past year when it comes to new subscribers which leads to REVENUE!.
So basically, Rory has to deliever this time or I think FUSZ is done for and will follow the path of most OTC stocks.
I truly hope Rory can deliever for all of US.
It will be costly if he fails
but rewarding if he succeeds!
You just have to pay to find out.
Well, I just don't know what dummy would be selling?
The pps hasn't gone below .33 since Mar and has been holding the high .30's.
Unless, you bought in before last Feb/Mar, you will be selling for a loss.
Anybody shareholders still holding and who has been in FUSZ that long is most likely NOT going to be selling now.
They are battle harden and waiting for the Big Reveal!