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Petrejus Thanks!
paperman The ambition is to uplist to NASDAQ. I assume that a reverse split may be necessary if that is to happen during the next couple of years. An additional point that although most shareholders are traders who are only interested in what happens some of the shareholders are interested in the facts that are the most important ones for NASDAQ companies. I belong to the latter group.
MM There was a reference to safe communication. A few years ago I actually received the contract of more than 30 pages in relation to IREEEM/Cow Capital in my national e-mail address. I don't if it relates to my private key. If the wrong person gets access to it he or she may steal the tokens from me.
RD Because I paid so little for the tokens it does not take much for me to be happy about my investment in the verticals. But a new problem has arisen for me that I have taken a couple of initiatives to solve. Laxmi's people make the digital wallet for me but they would like to e-mail some information using gmail. I don't have gmail and I have lost the the Google password I need to do that. Google appears to be so poor that it has no phone number I can call in my country to get some help or an a-mail address in my country that I can send a request for help to.
karlacorn I disagree with you. The verticals represent a technology that has not been used extensively so far even, if it is being taken into more and more use. My experience over 50 years is that venture companies are extremely risky. During the 1980s I was on the board of a venture company that was listed on the stock exchange in my country. About 90% of the companies we invested in failed totally.
Based on my experience as an investor over 50 years I regarded the verticals as very risky. But we paid very little for our tokens. Therefore the risk/reward ratio looked very good even if it to me looked like a very risky investment. I go for high risk/high revard. I therefore invested about 7,500 dollars in the 9 verticals, which turned out to be how much I was entitled to invest. I have noticed that the transfers of the rice tokens has increased to an interesting level this week. I think that this is a suggestion that at least some of the verticals will not be total failures. It will be sufficient for our investment in 9 tokens to be a good investment if just one of the 9 verticals is a moderate success. If one of them is worth 20 cents we will do well.
Lindsay 2010 I get the impression that this company is close to profitability. There is no p/e ratio because there are no profits. The p/s ratio (market cap in relation to sales) is very low though. Walmart that used to have a net profit margin between 2- 3% has a p/s ratio of about 0.6. If IQST has sales of about 250 million dollars this year and a market cap now a bit less than 50 million dollars the p/s ratio is as low as about 0.2. Compared with the numbers of Walmart a profit margin of 1% would be sufficient to justify the current pps if profitability had been the only thing that counts as far as the stock price is concerned. If the net profit margin had been 5% a stock price 5 times the current pps would result based on the same criteria. In my view the crucial question is what are future earnings per share likely to be. On NASDAQ that is a very important criterion.
shotsky "And, they have begun lowering the AS". The A/S is now 5.8 billion. This is very close to what it has been for 15 years. If it has been lowered symbolically it has no practical importance.
MDA "Let's be real, with the all the "news" that these tickers have released, in 2020-2021 they would have gone absolutely parabolic. Yet, it simply has not happened, at all."
I suggest we deal with SPZI. I think there are several reasons why the pps is where it is despite good news being presented every week. One reason is that those who buy otc stocks are mostly very short-term in their approach. They want the pps to explode and often lose their patience if that does not happen. The pps of SPZI soared to 1.21 cent some weeks ago but has been trading between about 0.52 cents and 0.89 cents since then. Good news only has short-term effect on the pps it appears. Why would an otc-speculator expect the pps to soar now after having noticed that good news does not have much effect on the pps?
It is worth noting that there is no heavy selling of shares in relation to the float of more than 5,000 million shares. The pps does not rise because there is so little buying.
From a fundamental point of view the shares are now very cheap if the fully executed contracts are real. The stock market assumes that there is a very high risk that this is not the case. It hardly increases credibility when pumpers do the best to mislead the stock market. They claim from time to time that the profit margin on contracts that are very big is about 18%. Some use a p/e ratio in relation to this profit margin. The truth is that 18% is an assumed gross profit margin. We know nothing about the net profit margin, which is what matters. The fact that such strongly misleading information is communicated by pumpers I guess leads to a high degree of distrust. There is light buying because it is impossible to be reasonably certain what the real state of affars is. The latter relates to investors who might buy the stock for the longer term.
But if we get quarterly reports in some months we will see how the company is doing in practice. If the numbers of achieved net profits are good I expect the stock price to be gradually adjusted to these facts.
irish What is the shareholder network that provides this extremely misleading information?
irish I had expected better than this from you. The reference is to a profit margin of 18% and a p/e ratio of 10 is applied. That is TOTAL nonsense. It is the gross profit margin that is supposed to be 18%. It might be 18% at the same as there were no net profits at all. The p/e ratio is always based on the net profits after taxes. I have up to now thought you were well-informed and not totally clueless. Your post shows that your ignorance is shocking.
Gigant Should management have humored the stupidity of the otc morons?
Belg I think I stated that sales or revenues are a condition for generating profits. The profit margin varies a lot between different types of businesses. I think the profit margin of Microsoft is way higher than that of Walmart. Therefore it makes little sense to be concerned with revenues only and ignore the degree of profitability the way it was done in the very interesting video.
RD I notice that the number of rice token holders has quadrupled in a few days and the stake of the biggest token holder, which I expect is one of the verticals, is down by about 4 percent in the meantime. This looks promising.
Joe I think it is a great and informative video. But there is one very serious weakness in the reasoning. My point is that in the stock market revenues are worthless in themselves. The value is in current or future profits generated by the revenues. It is fine that the revenues the aquistion will generate will lead to about 100% growth in revenues. The crucial point is, however, the net profit margin resulting from the current revenues and the profit margin that the acquisition can be expected to generate. Some companies never generate a profit and shareholders have to pay the losses as the companies sell shares to finance their losses. If the acquisition is loss-making and can be expected to continue to make losses it could have negative value for IQST. Thus the video should have expressed some opinion on the current and the future profit margin of the acqusition to have much value, since that is the all-important question.
l
I regard the shareholder letter as convincing. I am used to the stuppidity of those who trade otc stocks.
Companies that lose money prefer to focus on revenues and not the bottom line.
Irish
My personal attitude is the same as yours. I am interested in fundamentals. A few weeks ago I saw suggestion that SMCI with a market cap of tens of billions of dollars was cheap. It was trading at a p/e ratio of about 20 based on annualizing the numbers of the most recent quarter. The pps was then about 450 dollars. Subsequently the pps has soared to more than 700 dollars. I have sold most of my shares and increased my stake in SPZI from about 4.5 million shares to about 6.1 million shares.
30 million revenue is definitely significant in relation to the current market cap of a bit less than 50 million dollars. Companies in high-tech sectors usually have a market cap several times their revenues. Thus if SPZI generates 30 million dollars in revenues this year or next year this deal may more than justify the current market cap.
Irish I see the long-term potential based on the information you quote. But I find it hard to see how revenues can explode this year. The buyers of otc stocks tend to be very myopic.
irish I doubt that it is justified to be very enthusiastic about this cooperation since it is at this stage a very small company:
"Website https://archeofuturus.com/
Revenue $2 million
Employees 7 (
7 on RocketReach
)
Founded 2017"
Roemp I think you mention red flags and that it is legitimate to do so. But you provide little incontrovertible evidence that what this company has claimed when it comes to contracts etc. is false. I think that is important. It could actually be true.
Roemp The news today does not necessarily include all the contracts referred to in the past.
I was lucky with the timing of increasing my stake to almost 7 million shares today. I like all the concrete information in the news today. In my view it is not credible that this company is a scam. The pps ought to go to several cents before summer I think.
RD It looks as if trading of rice is picking up a bit but few trades have happened this year. By checking a few pages I understand why you compared this to trading stocks. I get the impression that Etherscan which seems to be part of Etherneum, which is the second biggest trader of crypto currencies after Bitcoin, is the chosen vehicle for trading the tokens. I had got the impression that it was a Danish firm.
Good post ETG58
We are down almost 3% after what has been seen as very good news. How come?
Good and informative post jdc. (I try to be fair)
Irish I find what these people said quite encouraging. I noticed that Mr Park has been in contact with the well-qualified people who are to play important roles for quite a few years. I therefore understand why they were picked for their various roles. Moreover, I grasp the idea behind the LNG business much better than before. There is a lot of gas available in the USA at a fairly low price that can be shipped to other parts of the world at a better price. Because I consider this stock less risky because of this new information and the potential for stock appreciation enhanced I have increased myy stake by about 1.6 to about 6.1 million shares. My stake in SMCI appreciated about 57% in the period I just owned 4.5 million shares in SPZI. Thus by chance I was able to increase my stake in SPZI based on recent profits.
ETG58 Good post!
Mr Smith "Arguing over a gross/net margin seems pointless." I mostly disagree. It depends on what you mean by your statement. I agree to the extent that the arguing does not change facts. But it is a fact that in almost all cases it is extremely important if profits are gross profits or net profits. At least one poster has referred to an alleged p/e ratio based on what has been published as a gross profit rate of 18%. That is 100% wrong because a p/e ratio is always based on net profits.
coccyx
I may come across as hostile because I am very fed up with some posters misleading the stock market by posting more or less false information. Some of them have been denying or playing dowh the fact that the 18% profit margin is GROSS profit margin, which in most cases is of very little interest as far as the stock price is concerned. Most OTC stocks are stocks that should be traded because then will never be profitable. I get the impression that the general attitude here - if we ignore the bashers - is not to find out the truth about the company but to pump the stock price on the basis of lies or bullish half-truths.
iris You are right that I am tired of the lying by some pumpers. I have been in the stock market for 50 years. Around 1980 I managed to increase an investment of about 25,000 dollars to some 2.2 million dollars in between 3 and 4 years in a European country. My investment in a computer company appreciated about 2,000% in less than 2 years. It was growing at a rate of 50-60% and trading at a p/e ratio of about 3. Investors in my country were conservative and most interested in the dividend yield. It was of course very easy to see that this stock had a good chance of exploding. Not many days ago I invested about 30,000 dollars in SMCI at a pps of about 450 dollars. The pps ended yesterday at a little below 700 dollars.
SPZI is extremely cheap if it already has secured revenue of almost a billion dollars. I am ridiculed because I at an early stage guessed that the net profit margin could be 1-2%. With revenue of 1 billion dollars and a net profit margin of 2% net earnings would be 20 million dollars. If we assume a modest p/e ratio of 10 the result is a market cap of 200 million dollars, which means a stock price of a bit more than 3 cents, or about 4 times the current pps. To me it is ludicrous that some of the posters regard me as a basher. I am interested in the truth but a person who uses truth in his or her identity did not abstain from lying. In a post a few days ago i pointed out an example of his/her lying. I did not see any refutation of my post.
It seems obvious to me that the stock market does not trust rhe revenue numbers that have been posted. The pps was 1.21 cent some time ago before the latest very big contract had been published. Yesterday the pps ended at $ 0.0075. The logical implication seems to be that the stock market does not trust the information coming from SPZI. I have an open mind and find some reasons to trust Mr. Park and some red flags too. I have acted in accordance with this view. I often go for high risk/high reward.
jdc "Dude you're a buffoon. You originally said they make 1-2% on contracts before they disclosed anything about tonehe 18%. Then questioned shipping fees, storage fees etc.. I remember your posts.. you were then quickly obliterated by the 18% tweet. You actually went silent."
You are a moron. When the company disclosed the 18% the information was FALSE as interpreteded by posters. Since the gross profit margin is of next to no interest for investors it was in fact natural to think it was the net profit margin if one did not have the knowledge to comprehend that it could not possibly be tne net margin. It is a lie to say that I pretended to know what net profit margin the company culd expect. I came up with a guess. At that time I believe it was unknown what sort of deal that was entered into. One type of deal actually has normally a margin of 1-2% accorging to Mr Park as far as I remember. If I was obliterated it was by the false information about a profit margin of 18%, which was a bit later corrected as I have affirmed to a gross profit margin of 18%
love An extremely good idea. He is too stupid to understand what I write.
jdc "And by the way you were saying 1-2% all along and missed the 18% by a boatload.. so now you're smart??"
You are even less smart than I expected you to be. If you don't understand my points other may understand me. 18% and 1-2 percent refer to two entirely different concepts. The former refers to gross profit margin and the latter to net profit margin. A company may have a pross profit margin of 18% and a net profit margin of minus 5 percent. Therefore the gross profit margin is more or less worthless when it comes to establishing a fair market cap for a company. You don't even know how to use quotation markes. You use them when you don't quote me verbatim. You even include your own question in them. But sometimes you write sensible things too. Hence I will not ignore your posts.
jdc I suggested a possible low net profit margin. Another poster has explained why he expects it to be low. The crucial point here is if the gross or the net profit margin can be expected to be about 18%. Some calculated a p/e ratio on the basis of the gross profit margin. You were totally wrong on what is a fact that is extremely important. I may have been too conservative when it comes to the probable net profit margin.
jdc Here is the evidence that I was right and of your ignorance of an extremely important fact:
"
"SPZI: Five New Fully Executed Commodity Contracts; Year to Date Total $303 Million
Press Release | 01/05/2024
CLEARWATER, Fla., Jan. 05, 2024 (GLOBE NEWSWIRE) -- JP Energy Global, PTE, LTD, a wholly owned subsidiary of JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), is pleased to announce the execution of nine commodity contracts totaling $303,029,100 for Grade A Chicken Paws. The nine commodity contracts are the cumulative total that includes the previous commodity announced in December 2023.
JP Energy Global commands approximately an 18% gross profit margin while minimizing risk since there is no currency risk – all transactions are in US dollars. JP Energy Global does not act as a broker; its business model is to buy and to sell these select commodities acting as a principle, thus allowing for higher profit margins.
As previously announced, a Documentary Letter of Credit (DLC) and performance bond was granted to JP 3E Holdings, Inc., thus enabling unique contracts through KEB Hana Bank Singapore (KEB HBS). With its dedicated trade team, KEB HBS has the unique capacity to facilitate these transactions worldwide and can facilitate transactions with China. The performance bond, coupled with the documentary letter of credit, facilitates the payment to JP Energy Global, PTE, LTD. In this case, the product, Grade A Chicken Paws, can be acquired by JP Energy Global from Brazil and then sold to China, as set forth above. The primary port used is the YANTIAN PORT ( SHENZHEN ) – CHINA."
jdc I don't save statements and links but based on my memory it was in a twitter statement published between one and two weeks after the statement of a profit margin of about 18 %. shotsky (?) suggests in a recent post that it was a loose statement and that Park did not intentionally try to mislead the stock market and that he corrected himself when pumpers started to refer to a net profit margin of 18%.
shotsky Your reasoning makes very good sense in my opinion.
nicehit I think you make some important points. Some of us are most interested in the prospects of the company and some care little about the company are and just intererested in the stock price and an opportunity to make a quick buck.
learningthetruth I see you have a very simplistic mind. I find little use in the simplistic ideas of such minds and will put you on ignore.