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.
Cost of revenue is massive though.
I see you didn't read the last report. Might want to do some real DD, instead of just reading message boards.
Your opinion is not based on financial reality, it is based on pure wishful thinking.
Lol. That's not going to happen. A company that makes 15k a quarter and is up to its eyeballs in debt and is giving away shares like candy to keep the doors open isn't going to be merging or acquiring anything worth merging or acquiring with.
There's always a chance things will run on some BS news. The important think is to recognize that as a selling opportunity, and not to believe the nonsense you'll see people start posting here.
Lol. You still believe that acquisitions are going to be announced?
No wonder so many suckers lose money on pennystocks.
Lol. On absolutely no measure is that the case. Will buy in or close to trips.
> It's only a loss if I sell
Lol. That's the line people say before 'well, at least we have our health', and 'consider it tuition for lessons from the market!'
Their net loss in the quarter was $164k (on $15k revenue, lol), so a big chunk of that money is likely to go into just keeping the doors open. There's not going to be much money left over for acquisitions that would be of any real value.
I'll wait till trips to buy. One thing that is for sure is that you can say goodbye to that wonderful share structure people have been swooning about. Expect massive dilution soon.
What exactly are you waiting for? Trips?
Lol. Revenue of $15k. And look at that debt issuance - $750k in June alone!
Stick a fork in this; it's done.
Yeah, that's not exactly a good thing, and that was only a portion of the 'administrative costs'.
Lol ... 'Selling, general and administrative expenses' of 4 million dollars to get 2 million dollars of revenue (which was less revenue than the same quarter last year)? Let's not be naive here.
I'm holding on for a run, but let's not pretend that this is anything other than what it is.
Pretty disappointing. Revenues were down, and operating loss was a pretty amazing 4 million, mainly due to 'selling, general and administrative expenses'. I would expect very significant dilution in the near future.
> I do know, your comment provides little insight as to the true value or non value of Xall.
The goal was not to provide a valuational analysis of the company, but to point out common but specious reasoning that ought to be avoided.
Don't fall for that sort of sloppy thinking. Just because some other POS company has a high valuation doesn't mean this company deserves to. The message boards here are full of people whining 'look at POS XXX and how high it is trading, how come my favorite stock is trading so low?'. Completely irrelevant and lazy thinking.
Agreed that the company itself is likely a POS. But a moderate pump will take this to 0.05, which will be a nice selling point.
Lol ... hopefully no-one is naive enough to be hoping for that.
Given that the merger rumor news turned out to be BS, I expect we will retest recent lows. I expect we will see 0.05 eventually, but it may still be a little while and I wouldn't hope for much more than that based on fundamentals.
Costs going down is irrelevant when they continue to take on toxic debt of that scale. It's basically game over for the PPS in my view. Toxic debt kills.
Lots of pumping with very little being said by way of substance.
That's always a good warning not to fall in love with a stock and to stay objective.
If this merger turns out to be some sort of typical pennystock BS merger, then the challenge is going to be getting out before everyone else. But I am keeping my fingers crossed for now. If management doesn't screw things up with a ridiculous merger, I still believe 5-6 cents is possible. The 'if' there is important.
The following sure looks like massive upcoming dilution:
On July 19, 2021, the Company entered into an Equity Purchase Agreement with Oasis Capital, LLC, a Puerto Rico limited liability company (“Investor”) pursuant to which Investor agreed to purchase up to $2,500,000 of the Company’s common stock at a price equal to 80% of the lowest traded price of the common stock during the five trading days immediately preceding the applicable purchase (“Put Shares”).
> We have bloated stocks with billions of OS trading at $100m market cap.
Irrelevant.
If you look at the upcoming dilution, it is still overvalued at that price.
Looks like *they* are acquiring something. Hopefully this is not one of those BS pennystock acquisitions, but something that will really add to the bottom line. If so, this could really run. If not, watch out below as the acquisition will surely be dilutive.
That target should still be possible, though whether it goes beyond that will depend on whether it is a BS merger or the real deal.
the link
My friends who work at Amazon have given me strong reason for optimism here. Looking at technical questions of valuation, a dime is realistic.
This POS is toast. Massive dilution coming.
> On July 19, 2021, the Company entered into an Equity Purchase Agreement with Oasis Capital, LLC, a Puerto Rico limited liability company (“Investor”) pursuant
to which Investor agreed to purchase up to $2,500,000 of the Company’s common stock at a price equal to 80% of the lowest traded price of the common stock
during the five trading days immediately preceding the applicable purchase (“Put Shares”).
No way - it was completely overvalued at 0.5, and only got there as the result of a pump and dump that was very widely known.
This is a dead cat bounce and we will be back around 0.1 soon. Plan accordingly.
As OTC markets shows, this is headquartered in NY:
https://www.otcmarkets.com/stock/UPIN/profile
All filings use that address. They might trade in products from China, but so does AMZN.
Leaning on traditional valuations like that on pennystocks only goes so far.
The only question that matters with these sort of stocks is the following: to what extent will future expansion be dilutive? If the answer is: to a great extent, then there is basically no floor below which the PPS can't drop. PPS /revenue ratios etc all become irrelevant. If you think the answer is: not at all, then the next question is: are you sure? If by luck the company in question can expand without significant dilution (and here, you need a good deal of luck), then questions of price / revenue ratios etc. become relevant.
The only question that matters here is: to what extent will UPIN need to rely on / choose to use dilution in the future? The answer to that question is not really clear at all.
I have been bullish in the past. I've never been foolish enough to think that the price was going to triple in a week, cite zero evidence, and insult anyone who dared challenge me. That level of stupidity lies beyond even me.
So what about all those reasons (that you never ended up disclosing) that it would be 0.4 by Friday?
Perhaps you should lay off the predictions for a while and leave things to those of us with better judgment. Just some friendly advice.
> UPIN....by Friday we'll be above .40.....mark it.
I just want to make sure you don't delete this ridiculous post. I've copied it here so we can refer to it next time you make a specious argument.
> i know they are going to run this baby North.
Absolutely nothing you said entails that that will happen by Friday. That is complete conjecture with no basis in anything.
I notice you still haven't given a reason.
Lol, didn't you say the same thing a few weeks ago?
Sorry, but let's try to keep the comments on this board serious, and keep garbage comments like that to a minimum please.
such an amateurish tweet. No wonder the price is tanking.
This company still has no revenue? Still overvalued at this price. Everyone here seems completely deluded as to how companies receive valuations.
A lot of people here are talking like they are owning penny stocks for the first time - lol.