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Haha, ‘Go on Grandpa, tell us that cautionary tale again. The one about that small chain in Florida, that could have been a yuge success, but was ruined by mismanagement, false promises, and reverse splits, only to remain in the otc forever....’
I’ll leave it at this. Armen~ get this back on track. Dollars, not double zeros...
Fair enough. But I’m also fine with languishing here, rather than have Armen reverse split and have us lose another 60% over the next 3 month.
This is the only avenue to get his attention. He shut everyone out of telegram, gives lip service to whomever calls, and controls the vote. I’m holding my shares, but no way would I encourage any new shareholder until he achieves some goals. He need to focus and get us on track. Not dilute. He blew the last few months.
Armen has been incredibly successful squandering our money. Top notch. Can’t be beat.
Don’t worry everyone, they’ll print the close to cover all the selling volume~~
I think that goes back to the issue with Armen’s history, and why Mars probably left. Something we should have learned from. He’s more interested in the quick hustle, rather than building a business. He wants pennies, and in this case, less than, rather than dollars.
It’s stunning how the whole of the OTC market has been running over the last couple months, and Armen drives this stock into the ground. I mean, proactively, killed this stock. If he just did nothing, we would have been up multiples in market sentiment alone. He would have directly, financially benefited, by keeping his mouth shut. Instead, he’s does the Telegram, phone calls, ‘quite period’, s-1, reverse split, nonsense. You can’t make this up.
I was booted as well when I suggested a more efficient way to unwind the converts.
Exactly. With the revenue they have, they should be able to avoid toxic financing, and work with measurable milestones. They are too short sighted, when they could easily make multiples with a bit of effort.
Same here. I voted no because it’s unconscionable to ask for awards without any achievement or measurable milestones. They should earn it.
Yes, and makes back 50% of the loss...
Nothing. He’s just trying to work up a bid. He did the same thing back in mid September right before the price got nailed. Soon, he’ll start claiming he just got off the phone with Armen’ and ‘after the New Year’
Hopefully some of the $nete fast money will follow Oleg here and light a fuse under this.
Don’t worry. Someone will do the usual end of day print for just a few thousand shares. Your position won’t be down much.... but no bid to sell into.... what a pos...
Cart before the horse. They’re rewarding themselves without achievement. No one new will buy this. Armen will keep talking up a `quiet period` just to catch a bid to sell into. Current holders will either sell, or not commit more. Armen just killed the stock with his nonsense.
I see your playing this one as well. Luckily this covered my rx$d losses. That one is horrible.
Yes, that is exactly what we saw today. Then the usual small up print at the eod to paint a different picture.
Absolutely not. You don’t need to bring down the price for something like this. The market will do it for you.
This is in very questionable territory. It’s unconscionable that they are looking for to reward themselves without any achievements. I voted against it all.
If you’re talking with Armen, you should ask him why they are putting the cart before the horse? Especially seeing how he kicked everyone off Telegram.
Given one certain poster`s `just got off the phone` antics, it appears some people here are just trying to catch a bid. It’s worn thin, and this is where we are at.
Would be better if they submitted the S-1 prior to the proxy.
$RXMD is dead money, and there is no reason to anticipate news in December, the slowest news time of the year. Appears they`re just baiting buyers to sell into. In two weeks time it will be `after New Year`s` or `first quarter 2021` nonsense. Meanwhile, $nete has been on a tear, along with the whole EV sector. I’m glad I bought some of it mid 7s to swing instead of more of this.
Or, as we’ve seen in the past, this selling comes at the same time someone on here starts dangling carrots...
Maybe that’s why he wants them out this week... I have an incredibly low opinion of Armen
Don’t expect to see it. No one is posting anything of value this week. It’ll get lost in election chaos
I’d love to play fantasy and guess the share price. Eventually $0.50 at a 250m market cap?
Fantastic news! Now they have confirmed the CEO, they’re letting it flow. Additionally, nice to see news hit mid day!
It’d be nice to see a move that had a run, let’s the high averages break even, then base at $.20 and build for awhile.
Let’s hope when the time comes, and some people want to take some profit, it’s orderly. No one mess it up...
It’s been painful. The whole span from March, and they couldn’t spin this. At least they have revenue. Would be better to just focus on profitability
Isn’t it odd that the PR announced the appointments retroactively? Could be they possibly closed the deals, and are moving ahead.
I think now that they confirmed a permanent CEO, we’ll start to see the news flow.
SF probably sold months ago~~
What’s your timeline?
It’s possible she was recruited to run a different shop and is now on gardening leave. Would be interesting to see where she lands.
How’s that now?
That’ll work.
Sure, will do. I run both under Fidelity. I trade price and volume, rather than proxy votes. Will pass along anything of interest.
I’m doing a Texas Hedge. Long both RXMD, and a bit of NET$