My apologies - my opinion on BSEG differs from you and instead of debating opinions, you decide to attack me personally.
Maybe you are right
Maybe BSEG stock will go up
Maybe Big Screen Entertainment business will grow
BUT the facts are the facts:
No revenue, and please don't tell me that $2 million is real revenues
No cash to fund their business or growth
No money managers invested
No cash raised from their current fundraising effort
No trading in the stock
No press releases that define growth, just press releases with words.
No press releases that show any sort of revenue potential, just press releases with words
Maybe I am wrong - BUT HOW CAN I BE WRONG WHEN STATING FACTS
Maybe you will some day be right - BUT I BET IF YOU ARE WRONG YOU WILL NEVER ADMIT IT
Did you know that 72% of Nasdaq companies decline on average for past 5 years
Did you know that 68% of NYSE companies decline
Did you know that 92% of OTC companies decline
Will you be right about BSEG
Will you pick 1 of the 8%
I don't think so, but you keep criticizing me from your basement
To keep this really simple, and if anyone sees a mistake in my overview and simplicity please let me know.
Endonovo is selling the Sofpulse assets to SofPulse Inc. for no less than $50 million.
SofPulse Inc is a company started by Endonovo.
Endonovo has no money, in fact they have over $20 million in debt. That probably means SofPulse Inc has no money, so in simple terms Endonovo is selling something that has no sales to their own company a product for $50 million.
I feel sad and sorrow for anyone that buys ENDV shares on the open market because they think Endonovo is getting $50 million.
I can not envision any bank taking SofPulse Inc public on Nasdaq via IPO.
I am disappointed on the level to which some people try to deceive other people, but after following Endonovo for a few years I am not surprised.
If you notice, Alan Collier names does not appear in today's press release. In fact his name has not appeared in many of the latest press releases. I guess it's his attempt of shielding himself from lawsuits, warrants, inquiries and arrest.
Oh and by the way, they are doing all these things, and they can not file a 10Q.
Sometimes I laugh so hard it's a shame on how some people really deceive unsophisticated investors into buying stock, or in this case, SofPulse Inc is raising $500,000 through a private placement.
SofPulse Inc is raising $500,000, but they announced they are buying sofpulse assets for no less than $50 million.
I expected criticism about me.
Over the last 2-years BSEG has not traded at .42. The highest the stock traded was .059 on April 22, 2022. if you made money on this stock, then congratulations, but I think you are lying 100%, but since we will never know the truth, all we and everyone else can go on is stock charts.
If you are referring to May 31, 2021 week when the stock traded as high as .4217 a share with 33,253,981 shares traded you had nothing to do with that. That was a stock manipulation day that had a microcap fund trade in the stock through buy and sell orders that had absolutely nothing to do with individual investors par-taking in the day. That was manipulation combined with an email stock promotion that benefitted 4 people in one fund.
Please refrain from coming onto a board and claiming you had the perfect timing of selling BSEG at 43 cents because you are lying 100%.
You may want to go back and check LEVEL 2 trading for that day and then speak to the market maker and see which firm handled the buying and selling for that day. You will uncover a great deal if you know how to uncover such information, but the one thing I am 100% sure of is that not one individual investor benefitted from those trades because the trades were matched 100% with a buyer, seller and a third party.
The stock has been flat with a few ups that end up being downs within a few weeks.
Investing in BSEG has basically given you ZERO PROFIT for a decade. Everything you pontificators are complimenting the company and its management on has proven to be wrong based on past stock price for many many many years.
If you feel that being positive will result in a positive investment for you, then good for you. KEEP FEELING POSITIVE
But the numbers do not lie and an investment in this company has either allowed you to break even or you have lost money. Keep in mind breaking even is like losing money because other stocks have gone up all the years this stock has stayed down. Putting money in the bank at a 1.5% interest rate annually gives you a way better return than investing in Big Screen.
Type all the words you want, but the company has little to no revenues, stock is down and the funny thing is that my friend owns a pizzeria down the block from me and he does more revenues than this so-called entertainment company that claims to be in the movie business
NUMBERS DONT LIE
STOCK CHARTS TELL THE TRUTH
Before anyone here bashes me, what have I said that is wring, false or misleading.
If you ignore me, it make you an ignoramus.
If you decide to criticize me, please be specific as to my mistakes.
They don't have any cash
They have over $20 million in debt
Collier has taken as much as possible from shareholders through the issuance of convertible notes to funds at a discount to market
They don't need to legally file anymore as they are winding down operations and going away.
Collier will face lawsuits from the funds that he issued convertible notes to, but once a bankruptcy is filed the whole thing will go away. ENDV will be 0001 a share very soon and most shareholders will just be bitter and move on with their lives because it doesn't pay for most shareholders to pursue Endonovo legally and they will not get any cash even if they win a court case because the company does not have any cash to pay off.
Endonovo is a C Corp which means Alan Collier personally has absolutely zero liability for Endonovo's debt.
The only way Alan Collier will face any consequences is if one of those convertible note holders decides to pursue Collier personally for misleading and fraudulent business practices & press releases. I am going to imagine that the convertible note holders will hire a lawyer to determine if Collier has any personal worth that would be worthwhile to pursue in court.
If Collier personally has little to nothing than most funds that do these convertible notes will not pursue anything because it will cost them money for lawyer.
This is a classic case of an investment into a bad company with a low-life CEO, and just accept the losses and move on. Kick yourself in the butt for not doing proper due diligence.
Net loss was $5.9 million for the quarter
They had $2 million in cash Sept 30
That means they are or will be out of cash very soon.
That means they are going to have to go raise capital.
That means dilution to current shareholders.
All of this probably means they will get very very bad terms for the capital they raise possibly death spiral or some form of toxic financing.
All should be prepared for a 20 cent stock very soon.
Just took a position in this company.
Even though I am not happy with 2023 numbers I am guessing this will be a take-out target sometime in the next 12 months as banks are looking to expand their technological banking business to consumers and I think BMTX has the foundation and products and services to really help a large bank dominate the space.
This is an investment on my behalf that lacks fundamentals, and is purely based on assets and being acquired in 2024
They LEARNED? Is that what you just posted?
When you are a CEO of a public company you don't learn, you execute.
You don't learn, you teach.
Them learning has cost many investors many thousands of dollars in losses.
Kimberly should not be a ceo of a public company. She is inept and based on revenues, losses, shareholder equity and stock price, she has failed 100% which is not arguable considering numbers do not lie.
Some of the people that she has working for her are absolute jokes and hard to look at during interviews.
As for anyone on this board or anywhere else defending her, you are either paid to defend her or you have a personal relationship with her, because her business numbers, like revenues, profits, or lack there of which means constant losses and historical stock price proves that she is a failure. In fact, an utter failure in the business world.
For the quarter ended September she reported $229 thousand in revenues and $134 thousand in net income, the pizzeria on my block does better than her, and that pizzeria has no right being public.
Being public means increasing revenues and bringing value to shareholders, none of which has been accomplished here
Cornerstone Marketing is back. Thank you for your paid promotional insight. You have a number of alias on this board and you have been positive on ENDV in all your posts. Since you are back I am thinking Alan must have paid you to restart posting positive things about the company.
I am not going to ask you a question or make a statement about ENDV because you will refute it because you are paid to do so.
I will simply state that ENDV past sales is in fact indicative of future sales and their debt is what it is.
I do not know how any ENDV investor thinks Taiwan FDA approval is good for Endonovo.
Endonovo can be selling SofPulse device here in the United States, but it has no sales. It has no sales in a Country (United States) that they supposedly know how to do business in.
Why in the world would the Taiwan medical community use the device?
I will go one step further, the device wasn't sold by IVIVI, the device wasn't sold by ADM and the device hasn't sold with all the years Endonovo has had it.
Maybe the device simply sucks. Endonovo over the years has had multiple distributors and distribution agreements, but yet no sales. I am sure those distributors have legitimate sales channels, BUT NO SALES. Endonovo claims to be in VA hospitals, but yet np sales. Endonova gave the HFL the device, but yet no sales.
Maybe the device has no real value given that many companies have tried to make a go-of-it. Not to mention that Endonovo has tried everything to make a go of it, yet no sales.
Maybe they have a product that either sucks, or has no legitimate value.
Taking all of that into consideration, Alan Collier probably knows there is no value to the device, but he has used the capital markets to raise money and pay himself a salary as well as I am sure reimbursements for many things from travel, to meals to cars, insurance, and so on and so on.
The real question now is can he raise any more money through those convertible notes, or will he have to go out and get a job. ENDV liquidity has gone down that it would be difficult to impossible to raise money through convertible notes. Not to mention that Endonovo $23 million in debt which included $7 million in outstanding convertible notes and $4 million in interest that is due from past convertible notes. I am guessing that those convertible note holders want to get paid so no one is going to give him any more notes and he is so delinquent on his accounts payable that he must be facing many lawsuits.
I can not see any scenario that he would be able to raise a single penny.
Unless he has saved money, he will need to go out and get a job. What will he write on the job application that he has done for the past 10 years and where would he be applying to?
I can not imagine any medical business will hire him.
I can not imagine any financial firm would hire him.
Does he go to a retailer like Home Depot to take any job they have open.
I think there should be a website dedicated to the trials and tribulations of Alan Collier.
TRIALS - Criminals trials would be interested - the guy once issued a press release that Endonovo was going to do over $300 million in revenue. That was so misleading that it justifies criminal pursuit.
TRIBULATIONS - Most misleading dishonest CEO's get caught and when the go before a sentencing judge they cry and beg for mercy and claim they were wrongfully advised and blah, blah, blah. They claim to suffering and they didn't know better at the time and blah, blah blah.
What will be Collier's trials and tribulations given his misleading press releases, years of utter and complete failure, but successful in raising $40 million as a result of those misleading press releases.
YEAH- SALES IN TAIWAN ARE GOING GOING TO BE WONDERFUL !!!!
BSEG previously said they will be using Emerging Growth Conference as a marketing tool to attract investors.
The October conference was last week - BSEG management did not present.
In my humble opinion they were terrible about presenting back in September, they weren't live, they did a pre recording which didn't allow for the host Ana Berry to ask any questions.
As for the guy Sandro he looks unprofessional, doesn't communicate well and very hard to understand when he speaks.
As for Kimberly she has no idea what she is doing as a CEO of a public company.
I am not here to bash and dash, I am just trying to figure out if this company will ever generate revenues which can make a 3 cent stock triple or quadruple so I can make a profit.
As I indicated in my post # 1254 I DO NOT short stocks under $1 a share.
I wait until the reverse split occurs and then I short it.
There is a $2.50 rule which means you have to have a margin account that can cover $2.50 for every share you short under $1.00. Some people call it a $2.50 rule while other say you need to have a margin account that can have 150% value of the share you are shorting.
I do not know all the details because I do not short shares under $1, but you can probably speak to your broker or a representative at your brokerage firm.
I do have a margin account and I do have capital ratios that allow me to short a predetermined amount of a company stock.
BANKRPUTCY WILL NOT HAPPEN
They do not need to find a big investor to raise capital.
As long as they have liquidity in the stock TBLT can raise capital through a toxic financing which is traders participating in the capital raise. The second they do the deal, before it is closed, the traders, which are all institutional investors, will short the stock. once the deal closes and the traders get their shares, they will cover their short position and their long position will all be a profit even if the stock declines, which it will.
That is how bad public companies can raise money. It's a never ending cycle, as long as retail investors continue to buy the stock on the open market. Most retail investors do not understand that the capital raises are toxic and the stock will go down forever because the company will continue to do toxic capital raises.
No need for bankruptcy is you can continue to raise capital. Besides, their balance sheet is not bad - in fact they have a good balance sheet on paper, just cash poor.
As long as you have a margin account you could short a stock.
I wait until the reverse split happens before I short it because sometimes stocks under $1 go up for a couple of days, but they always drop and if shares are under $1 they don't always drop as quickly as I want.
TBLT will always drop because they keep raising money to finance their business growth. Its an oxymoron - Toughbuilt business is GREAT, but the stock is terrible. The reason the stock is terrible is because the CEO has never properly financed the business. He always went to traders to raise capital. He never went to investors. Every time he raises money its through a toxic financing.
The CEO owns less that 1% of the company but he doesn't care because between salary and bonus he made $1.4 million last year.
I am sure he gets reimbursement for many things like car allowance, meals and I am sure much more which just adds to the salary and bonus.
He is living his life through salary and bonus which at $1.4 million last year is good, but if he was real smart he would have financed this company differently and he could've had a nice exit strategy when a large company acquired Toughbuilt.
The next reverse split will allow Toughbuilt to stay on nasdaq, which means they can raise more capital which means CEO will make his salary and bonus, which means the business will continue to operate, but retail investors that buy the stock on the open market will lose their investment - AND THAT IS WHY A SHORT IN TBLT IS WELL WORTH IT.
I am happy with TBLT
Initiating a short position upon a reverse split is successful 100% of the time. For some reason the cheerleaders don't understand investing, or maybe there are no cheerleaders in TBLT, just paid promoters.
I am excited for the reverse split to happen. Moe than 71% of public companies stock decline every year, that means it is easier to pick a LOSER and make money off of that loser than it is to make money with a long position.
There is a reason hedge fund managers outperform everyone else in the investing world.
Where are they going to get the money for an acquisition. I can not see how they can use their stock since the market cap is $4 million and they have no trading.
If they did use their stock it would be so dilutive to investors and if they go to these toxic finance guys the stock would be 0001 a share in no time.
They have a nice little store business but I am confused why this company is public.
No company is going to acquire INND. There can be an ASSET SALE which means INND will be selling the business to someone, but that is unlikely due to balance sheet and they are losing $1.4 million on $2.3 million in sales. The business model does not work.
They are better off filing bankruptcy to try to keep the business running, take it out of INND and then sell INND for a reverse merger.
Anything other than that type of a plan is meaningless and a waste of time, money and energy.
Matt and his parents have no clue what it takes to be a public company and the toxic financings that they've done over the years shows they are inept and can not be trusted with shareholder money. Not to mention they NEVER attracted a single fund manager in all the years they've been a public company.
It would not be a hostile takeover. Spirit shareholders do not want to acquire another company and Spirit's balance sheet does not provide an opportunity for an acquisition to happen. Spirit management knows they can not support an acquisition of any type and raising capital would be a moot point.
As for Jet Blue being delisted or moved to OTC, it will not happen because they can do a reverse stock spilt. Jet Blue has an intrinsic value and a book value that exceeds the current market cap.
Not to mention that Blackrock bought over 9 million shares over the 3 month period ending June 2023, as well as other very large investment firms acquiring the stock on the open market.
To be fair Wellington has sold a substantial amount of stock for the quarter ended June 2023, but the buying by other institutional investors has been far more than the selling.
This can be as simple as hitting the bod for the past 3 months
I am LONG JBLU and would like to see an increase in stock price, but I am curious why do you post BIG UPSIDE TODAY
What is your thesis behind the statement, or are you just hopeful the stock will go up. I am trying to understand what you are posting or if its hyperbole
Well the big news came out yesterday - they are considering going private.
That is big news - management doesn't give investors any hope that the stock will go up.
No wonder the stock is down, even management doesn't believe in the stock.
Truth be told, for management to issue that press release is a terrible public relations move because he is basically telling any potential new investor that investing in EFSH may result in you never being able to sell your shares because we may go private, It's a terrible PR move and it shows that management and board have no clue as to what they are doing or what it takes to be a public company.
BIG NEWS IS OUT - COMPANY IS GOING PRIVATE AND SHAREHOLDERS WILL BE SCREWED BECAUSE THEY WILL OWN STOCK IN AN ILLIQUID PRIVATE COMPANY.
That did not take long to go under $1.00 a share.
How quick can do a reverse split, or buy 1,000 shares on the open market to get the price up: 100 shares at $1.10, then 100 shares at $1.20, then 100 shares at $1.30 - get it to $2.00 in 100 lot increments to make the company look more appealing to investors.
People will think it is worth $2.00 a share, but that would be called manipulation and anyone that thinks they can sell the stock at $2.00 would be wrong!
Good Luck to All, and to All a Good Night
A public company WORTH is determined by the market cap. The stock price determines the WORTH, but only when calculated on a fully diluted basis.
In other words, a company with a $5.00 stock price can be WORTH $10 Billion, and can acquire a company that has a $25.00 stock price if the WORTH is only $5 Billion.
Jet Blue is worth $1.6 Billion
Spirit is worth $1.7 Billion
These numbers are based on today's closing stock price.
Spirit has been valued (WORTH) in the $1.7 Billion range for last few months.
Jet Blue was valued (WORTH) in the $3.2 Billion range just 2-months ago.
The recent decline has been bad for Jet Blue and therefore not sure how and if that will impact the acquisition/merger.
Short position taken
EFSH will be under $1.00 within 2-weeks due to their toxic financing and management really not knowing how to sell themselves to the market. They think issuing press releases about revenues and profits is the way to go is plain old wrong. They need to have quarterly conference calls, analyst meetings, presentations at conferences. Not sure that they are doing, but I can say they are not bringing in good money through their financings and they have a lack of demand for the supply in their stock.
If you, the FBI or the company attorney need clarity, let me be clear:
I think BSEG is a bad investment for many reasons
I think the stock will do poorly
I do not see how they will raise capital through a S3
I hope, predict look for a reverse split, because I will SHORT the stock.
If there is anything in my wording that you or someone else thinks needs legal or department of justice investigation, roll the dice because I love to SHORT stocks and I do not hide behind that.
There is a reason hedge fund managers make the amount of money they do, and it is because more company stocks go down yearly than go up.
Easier to predict a failing company, than a successful company.
I will leave you with these 2 words ........
I wish you the best of luck in your investment. It would appear as of you did more homework than me and you will reap the rewards.
Good Luck, as I am sure you don't need my words of encouragement.
Truth is I am predicting a reverse split and once that happens the stock will most likely go down.
I look for companies that do reverse splits because those stock go down 100% of the time.
I am hoping for that in BSEG
I don't say your misinformed or promotional for your position in BSEG.
Name calling me or putting tags on me is childish.
My opinion on BSEG is what it is.
Your opinion is what it is.
One of us will make money or not lose money, while one will lose money
Let us see what happens
Investing is about making decisions quickly.
Successful investing (ie, making a profit) is about predicting things before they happen.
Last month they pre recorded the emerging growth conference presentation, which I think is a bad decision.
The press release they issued about today's presentation stated the same thing - a pre recording.
Then a S3 announcement. who in their right mind would invest in that?
if I am right, and they get no one to invest, the stock will go down because the only other way they will get capital is to do some form of toxic financing which will drive the stock to 0001.
Putting that aside, this management team is inept, so that means even if they did raise money through the S3, the stock will go down because they are looking to raise $500,000. Forst and foremost $500K is nothing and that is probably going to be used to pay their salaries or repay expenses. And even if they didn't use the money to repay salaries, what is $500K when it comes to film production?
What a joke.
It is an embarrassment - they don't give a live presentation. They give a pre-recorded presentation.
They make no money
They lose money every year
They are talking about a Reg D offering which makes no sense.
They have no institutional ownership
They don't have an investment banking firm
The CEO surrounds herself with people that sound and look like they have no business experience.
If this company raises $500,000 I will lose all hope in humanity.
I do not know where the stock will be 1-month from now, none the less 6-months from now, but the balance sheet, cash flow and pro forma earnings per share tell me that $6.00 a share is undervalued.
I am not thinking $10 or any price right now, I am just hopeful the sell-side is out. What I really mean is that I hope all the current shareholders that wanted to sell are out, and I hope that the shorts had to cover so they are out (and made their money) so now LONG investors can come in and make money on JBLU.
If I am wrong, it wont be the first time I am wrong, but it doesn't happen that often.
The stock is up 2 cents and some people think that is great ?????
The stock is at 12 cents down from $3.00 less than a year ago !!!!!
Management issued a press release saying that they restructured the promissory notes - I hope you all understand that the new terms may be worse than the current terms, which were terrible!!!!!
I am in AWE that some people are happy and think the stock will go up, and it makes me laugh when I see a stock go up 2 cents and people are thrilled and think its the beginning of a run.
I feel sorry for so many on this board and I am going to have to stop posting here because the only people that made money are the ones that shorted EFSH and know that this stock is heading to 0001
Good Luck and I feel pity on many of you
The summer season has been predominantly good for all airlines so as long as JBLU doesn't have massive expenses or unforeseen costs associated with respect to software and computer updates and hardware then I expect the next 10Q to be good, but that alone will not drive the stock price up. I think new routes and somehow getting away from all the price wars with other airlines will be the driving force for stock.
I also think a merger or some form of acquisition with a regional international carrier is something that JBLU needs in its quest to be considered one of the true major carriers on an international level
The Spirit deal has and will create headaches and that is why I think some other type of M&A is necessary. Truth is I am not a fan of the Spirit deal, unless JBLU believes Spirit has that many loyal customers and those customers will use JBLU for routes that Spirit does not fly. But that is something only JBLU and Spirit management know because they have all the data on customers.
But it better be good for cross-selling to the other airline customers post closing of the deal.
$2 Billion market cap does seem quite low for their revenues, assets, cash flow and future expectations.
EFSH hires Shareholder Intelligence Services many months ago to look into illegal stock trading.
On August 14 they issue a press release about their ongoing efforts into illegal stock trading.
On August 25 they issue a press release regarding dilutive conversion of warrants that they actually admit will be detrimental to the stock. Keep in mind they signed and entered into a deal with the warrants.
Which one is - is it illegal trading or bad management that signed and entered into toxic capital raises.
On November 28, 2022 I issued a post on this message board that EFSH was a bad investment. That was when the stock was $2.75 a share.
About a month ago I posted that EFSH was a bad investment when the stock was 20 cents.
At 11 cents it is still a bad investment in my opinion because they entered into a prior deal with Mast Hill and based on the deal terms EFSH is probably heading to 0001 a share.
So EFSH management issuing a press release about illegal trading and then issuing a press release that dilutive warrants will be detrimental to the stock price is contradictory and shows management has no idea on what it takes for a public company to get stock price increase.