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Oil is still going strong as EVs continue to tank. I guess I'm buying more shares of the best oil company in the world, BDGR!
XOM is above $100, so I'm guessing BDGR should be around there.
What has this company ever actually done to come across to anyone as a real company? People had hope until recently? VPER's past tells you all you need to know. The past 6 months for sure, prior to that, the past year easily indicates nothing is going to happen. Last two years? Multiple red flags. 5+ years? Same.
If you bought at anything above .0003 (really .0001), you're a bagholder. You screwed up. Accept it and move on.
What an amazing company.
Goo VPER
What? That seems incredibly strange, but would explain VPER being incommunicado and their one "supporter" moving on.
Maybe WM Investment group is going to go public through VPER. Definitely would be an announcement coming and a massive reverse split.
What an amazing company.
Goo VPER
How does a company make a major announcement on a market holiday and not have to PR that information? It is material and should be filed.
Did any shareholders receive the information that was promised in the call?
Did any shareholders get the information they promised on the call? I'd love to see what's in it. That call was not structured, they were using free Zoom service and whoever the guy was that talked forever just rambled about how amazing he is. Also seemed like one of the IDTA founders had no idea whatever the deal is was even in the works.
Looks like they went back to the dark side after running "legitimately" for the past few years. I'm surprised it took so long. I'm guessing they are going to dilute the shit out of IDTA relatively soon. But don't worry bagholders! Oops, I mean SHAREHOLDERS. You'll have that 10% of whatever the hell the other company is.
Farid just said that the poles would be delivered towards the end of June. Nothing was said about when the poles might be installed.
Someone needs to go to a city council meeting and ask about the entire project. In Palos Hills and the Village of Justice.
5 to 6 weeks until Q2 numbers are due. Not sure how VPER is still "Pink Current" with the contradictions in their financials. The one "supporter" VPER had has disappeared.
Hard to speculate what may happen from this point. I could see a company name change and potentially a business plan change. I could see VPER just going silent, not publish financials, and then resurface after a year or two and get current. I could see them posting some actual revenue, but I believe they would immediately reverse split if that ever happened. And that may not be the worst thing in the world, although shareholders with less than millions of shares would be all but wiped out.
What an amazing company.
Goo VPER
Class action? How many times in the past several years have I read that and on how many boards? Simply won't happen. People can sue all they want. Proving intentional deception by a subpenny is unlikely. Spending tens of thousands on a lawsuit that would net a couple thousand dollars at most? Spend the money on a P.I. first and see what kind of dirt there really is and what might be gained. VPER going away isn't going to hurt anyone associated with it.
Bagholders did no research. Did not heed the warnings. Greed makes people do stupid things, then they get mad and want their money back.
What an amazing company.
Goo VPER
Another subpenny that is now going to cure cancer.
Back to pump and dump status with Identa.
4th of July meeting was to keep people from watching.
Shady.
Could be licensing their technology/method/product rather than trying to do it all themselves. Hard to imagine the company becoming less effective than it has been since inception.
Company does everything right. It's the people who buy the stock that are doing the wrong thing. Years of financials that don't align with the years of PRs.
What an amazing company.
Goo VPER
4th of July for the shareholder meeting? Are they trying to hide something? Most shareholders likely live in Israel, but why not have it on the 3rd or 5th so any US investors would be more likely to tune in? Just seems like an odd choice since they supposedly opened an office in the US to increase sales.
Sri Lanka, Cybergrab launch in Antigua and the US with a local partner, immediate project in Saudi Arabia, 21 cities! So many irons in the fire! This company is amazing.
Who cares about the incorrect financials, lack of meaningful revenue, website that is not functional, and dilution? Isn't that what Apple and Nvidia do?
What an amazing company.
Goo VPER
It's almost as if his posts were disingenuous, but that couldn't POSSIBLY be the case, could it?
What an amazing company.
Goo VPER
Bummer on the timing. Would have been nice to have that margin call hit at $48 or whatever it hit a couple years ago.
VPER has no software. They are just reselling different components. Municipalities can't "make" money on the services, but if there was revenue generated from advertising, for example, that money could just be put back into the budget and accounted for. They won't have to worry about that with VPER since it's more than likely nothing will ever happen. $5 million may have been allocated to Palos Hills and the Village of Justice, but that was definitely not earmarked for VPER and it's definitely not just sitting in a city/municipality account. They may be able to draw on that amount for approved projects, but it's not just in a city bank account.
Answers? Really? What, next week? And no trips ever, I'm guessing?
What an amazing company.
Goo VPER
Nobody is going to waste the time or money to sue them. They should have done a little more due diligence prior to signing anything, but also, there is no real money on the line here. The only existing agreements amount to a pilot project. No guarantees with that, so nothing to really to sue over. Cities will have learned their lessons and constituents will have learned a lot about the people they put in office.
I for one am shocked that nothing has happened in Sri Lanka or 21 cities or Saudi Arabia. I really thought it was a sure thing! Little to no Q2 revenue and they can claim delays on payment or implementation for Q3 and that kicks the earnings can to March. If they actually did deliver products to Sri Lanka as claimed, they could show revenue for that, but they also said that now they are waiting on poles to put the lights on, so I wouldn't hold my breath if I was a shareholder.
What an amazing company.
Goo VPER
What the hell is going on here?
What an amazing company.
Goo VPER
After being "Pink Limited Information" for what, a month now?
Why didn't they just stay current?
What an amazing company.
Goo VPER
CEO definitely executing on his strategy. Is it the right strategy? I hope so.
There is a massive market for their products and there has been for years, but either their sales organization is completely inept or their products don't work. Could be both. I honestly don't know why they don't just take it private. This company has been in business for years.and has just really not done much. Margins are good.
Meme the shit out of IDTA. Actually, the officers just need to take it private. Their sales relative to last year look great, but less than $1.5 million/yr run rate after what, 20 years in business, is not good.
https://www.otcmarkets.com/otcapi/company/financial-report/402191/content
What an amazing company.
Goo VPER
Q1 posted!
What an amazing company.
Goo VPER
I'm not going to be able to sleep tonight in anticipation of VPER's amazing earnings tomorrow!
21 Cities that is meaningless because two TESTER POLES are to be delivered in June.
Saudi Arabia immediate project apparently failed miserably.
Cybergrab apparently never launched in Q1.
Sri Lanka appears to have gone the same way every other Sri Lanka PR has gone.
Filed AGAIN to sell 13 BILLION shares. Why have they sold none of those shares on the previous attempts?
Why does the OS in the financials not match the OS in the 1-A POS filing?
Why does the AS in the financials not match the AS with the state where VPER is registered?
Any bets on whether financials actually get filed? If they do, will they be correct?
What an amazing company.
Goo VPER
Anybody that knows anything knows that news is coming next week. And not just any news, but HUGE news with partners and 21 cities and Saudi Arabia crypto mining and Sri Lanka and cannabis grow lights and wind turbines with solar panels on them and an app that is better than uber and twitter combined. It's really going to be monumental.
What an amazing company.
Goo VPER
I don't get it. The last two times they did this did they get no takers whatsoever? I think the first time they wanted .0004 and the second was .0002. Now they are trying .00025.
What an amazing company.
Goo VPER
ALMOST had the correct saying.
ALMOST bought the right stock.
Almost is the way of the bagholder
What an amazing company.
Goo VPER
PR made no mention of "smart cities" products. Just LEDs.
What an amazing company.
Goo VPER
Tweet said Q1 which obviously didn't happen, so where are you getting your information?
What an amazing company.
Goo VPER
Dead money for quite a while. Maybe forever.
That's the way dividends work. The company is "reducing" the value of the company by that exact amount, so it's logical.
Anything that VPER shipped would have made it out prior to that incident. And the only thing I could think of that would be in boxes that small are just LED lights which Sri Lanka could probably get cheaper from Amazon. And if that's all that was in those boxes, those are going to get VPER a MINISCULE margin. Shipping something like that from the US to Sri Lanka is simply a waste of money for both sides, so hopefully for each, it was something more substantial. And that's if anything was actually sent. VPER has tweeted a lot of pictures of things that seem to have never gone anywhere.
What an amazing company.
Goo VPER
People just getting bored of the dead money? Could CIBH agree to a buyout for less than book value? I know banks aren't currently in favor, but this seems way undervalued.
If Cybergrab was due to launch in Q1, the app would actually do something, the website would actually do something, and that "Terms and Condition" would be legitimate.
What an amazing company.
Goo VPER
I tried to log in with my free account yesterday and the site said they were forced to go paid subscription only because of some hack/breach/problem. I think free InvestorsHub gets you better info than $9/mo for InvestorVillage.
Is that Global Sustainable Initiatives, Global Services International, or Green Sustainable Initiatives?
Regardless, that money was for poles, not for Cybergrab and that whopping $110,000 that likely did not all go to VPER isn't enough to operate a platform like Cybergrab (according to their claims). Not close enough to build it and VPER has said that the app doesn't work, which is likely because there is no back end. Insurance is also another massive expense that they haven't addresses.
Sri Lanka will NOT be $10s of millions of annual revenue.
VPER has basically said there will be no revenue until Q3, so that makes VPER worse than dead money. Come back in 5 months and flip on the bagholders.
Why does the company continuously post financials with incorrect information?
What an amazing company.
Goo VPER
No indication on the app or website that Cybergrab is functional and it was supposedly going live in Q1. They have no way to pay for insurance or infrastructure, so Cybergrab is going nowhere. Even if it worked, potential revenue is miniscule.
Track record on Sri Lanka indicates that Sri Lanka is going to amount to nothing.
More likely .0001 than .004.
The single VPER supporter posts no information, just regurgitates company tweets and PRs and doesn't understand what he is reading most of the time. Like the meaning of San Francisco-BASED.
What an amazing company.
Goo VPER
Anybody with an account on InvestorVillage mind posting weekly script numbers here? Too bad they went subscription only. A lot of good posters and boards over there. Maybe some will move over here.