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It'd be the first company ever in all of history to go from pennies to billions. We've had this discussion before. No penny stock in all of history truly traded in the pennies before going big. Reputable companies don't raise money that way.
It really didn't take them 9 years. I have noticed anyone who has a lot of skin or hopes in this company keeps forcing illogical views on themselves. I did it.. I forced myself to believe all is well for 2 years.
I remember buying 5-hour's 10 years ago (2004, the very year it came out!). It worked so well it didn't take no 9 years to get where he is. He was rich way sooner than that.
It's okay. If I had the shirt on my back invested in this company I'd convince myself it's going great too. Even though it's obviously not.
Yes.. as does anyone willing to read the reports. Approx. $500K dollars worth globally. Oh man! What a seller!
5-hour honestly does work better for me than PowerFuse ever did. I stopped ordering PowerFuse because I wasn't impressed with it. It was also a PAIN to take it. 5-hour.. you twist drink and go. You don't chew on plastic and struggle to get the goo out of the tube for 5 minutes.
5-hour also has BILLIONS of dollars. Seriously, the guy who owns the company owns it privately and literally is a billionaire. The 5-hour company has a wiki page.. go pull it up.
WOW, so it took them 30 days to sell what they had and restock. That is GREAT news.. -_-
Seriously, they reported sales at 500k globally last time. That's not 100% profit btw. They barely made it out alive with some of their shoddy financing deals just to keep the company afloat.
Yeah or it could just be pumpers playing the stock for what it is.
They aren't even moving the product they have! Real money is going to look at the businesses success.
I've decided to cut my losses at 90%. I sold everything today. No good can come from going long with this company.
Oh well, lost thousands. That's what I get for believing in a penny stock with bad management and patents pending.
I'm not going to bother waiting for the 10K. It's late because it's bad. That's reality.
It would have to hit $35+ a share for it to break most longs even! This is if the 200:1 reverse happens (which it will).
Who can really see this stock hitting $35+ a share? Really? Come on.. Just think about that instead of pushing an "I believe button."
I can't see how that could possibly happen. This company would have had to find the holy grail of medical secrets which we all know they didn't. The patents are still pending..
Mr Frost has one foot out the door in life. Pray his health holds while you hope your wishes come true.
Also, we've been there and said that everytime a new name comes in. Tiger, DJ, Mr Frost! Look it's the pillsbury doe man! Now we're rockin'!
I'm just saying this particular stock seems like a broken record.
I don't know smart money that dumps into penny stocks or pink sheets. Most tell me to avoid them.
Yeah it's up.. 21%.. Oh wait, that's a fraction of a penny so it's not really much at all.
This stock is so low right now you could breath on it and it'd go up or down 30%, which in terms of value is still nothing.
I'm voting no... R/S's are bad. They are a sign they are failing, made a mistake and are back peddling. Not that it matters. It'll go through anyway.
Drugs that important no one will gamble with.. Yeah I'll rub this insulin on my skin and if I'm lucky the dosage is right and my skin is like the test skin and absorbs it right. My lifes not on the line or anything. I could take this pill and get a proper dose and know it will work but man I love this mystery who knows gel. I love living on the edge.
Aside from that.. Sarcasm aside these things require years of testing before they are approved.
Yep, none of our votes will matter. They have it set to a future vote but trust me, the answer is yes to 200:1 because that was worked out. They have the controlling votes and know how this is going to pan out.
Yes I am bitter.. you got me! I am just done believe in fairy tales, lol.
This stock will have to shoot up to $35+ after the R/S for most of us to make our money back.. That's break even at that price. Intel and AMD aren't work that.. LOL
You'll buy their pills regardless if they use FuseScience's "tech" or not. So what are they gaining by giving Fuse money?
That's the biggest thing in my mind. These big, or small, pharma companies don't care about delivery tech. You'll buy whatever the doctor prescribes and you'll take it in any form they give you, regardless if it works or doesn't. It's the world we live in!
If I were a multi-billion dollar pharm company I wouldn't even remotely entertain the idea of working with a hole in the wall company.
Most people here have forgotten about the member of this forum who interpreted the test done with Fuse's tech and said they were AWEFUL numbers. Basically the transdermal tech barely worked.
Great, they have a product that can sink 0.01% of something into your skin and everything else does 0%. We're cooking with gas now.. -_-
He convinced all of us to give him our money. :-/
Now he reverse spits and walks away laughing.
I hope this R/S bites them in the A$$. I hope the stock drops so ridiculously low before the R/S that it effectively makes the R/S meaningless.
Then they won't be able to flush the average smaller investor out like they plan on doing! Not if we can all buy a million shares with pocket lint.
I have no respect for this company anymore and should have sold when they were at 0.26 cents.
Nothing good comes from a R/S. You can pretend all you want that good things from from a R/S.
Most people have been screaming on this board saying that this company has great news coming out. Well, I've seen people say this for over two years now and everytime it's the same deal - nothing.
It's been delay after delay and some people actually still think that some large pharm company would buy into this companies "tech." Those people are seriously delusional. As if some multi-billion dollar company doesn't have something this hole in the wall sub-penny company has.
I know a lot of friends that have dumped a small fortune into this company and now are kissing that investment goodbye.
It's a good thing you aren't supposed to inhale these then, lmao. It's just a powder that has an aerosol based pump. You shoot a bit of powder in your mouth and you eat it, plain and simple. There's no breathing this stuff in. The website specifically states how to use this product in their FAQ.
You don't breathe these AeroShot's in. The site specifically states it's supposed to go into your mouth and you should swallow. It's not what you think it is.
I don't agree with a RS being a good thing. Yeah, the PPS will go up, and you will also have less shares. You're logic that they are worth more doesn't remove the fact that your liquidity dropped.
I'd rather have more shares and the enhanced liquidity that goes along with that.
That's still ludicrous; announcing 90 when you promise 10,000.
I'm not the one boasting a reverse split without proof. I said it would go UP after a reverse split, and then it would sell off, back down to what it's worth. Everyone keeps acting like this company is worth more but until they have sales they are not worth more. We are lucky they are at 0.23 cents right now considering they have no cash flow published.
The last statement said they sold $40K worth of product...
Yeah I'm clueless alright.
Yeah, and how do you know ones in the works? I don't see such a filing yet.
If they did one now I can see this stock going up as soon as it reverses and then I can see it dropping back down to 0.16/cents quickly after.
They would need more than a higher PPS to get on the NASDAQ and for that reason I can't see them doing a reverse-split as it wouldn't help them. They would have a higher PPS but they would lack the required cash flow to qualify for the NASDAQ.
Listing Standard No. 1
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.
Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.
A company has three ways to get listed on the Nasdaq, depending on the underlying fundamentals of the company. If a company does not meet certain criteria, such as the operating income minimum, it has to make it up with larger minimum amounts in another area like revenue. This helps to improve the quality of companies listed on the exchange.
Reference:
http://www.investopedia.com/ask/answers/121.asp#axzz2NXluP8GD
"In an extreme case, a company whose share price has dropped so low that it is in danger of being delisted from its stock exchange, might use a reverse stock split to increase its share price. For these reasons, a reverse stock split is often an indication that a company is in financial trouble."
http://en.wikipedia.org/wiki/Reverse_stock_split
I don't know many people who consider a reverse split great news.
I think if they did a reverse split that would only temp. increase the PPS until a massive sell-off happens because of the reverse-split.
They have 400M shares, 182M of which are outstanding. By comparison Pepsi Co. has 1.5 billion outstanding shares.
My point is a reverse split is not something a healthy company does. It's done to increase the PPS. If the company is any good a reverse split wouldn't be required to increase the PPS.. people would buy the stock and the PPS would go up naturally.
A reverse split is something a company does to prevent themselves from falling off an exchange as well...
Monster Energy company, MNST, has 165M outstanding shares. What would FUSE reverse-split into?
They plan on one? Where's the publication to that plan?
I don't think they'll reverse split at any point. Reverse splits are something troubled companies do. It's not looked at like a good thing.
200 million shares is an already small amount of open shares. I don't know why people think this is a lot of outstanding shares. Go look at other similar companies and what they have for outstanding shares.
If anything I expect them to split, not reverse-split.
Yeah, I feel the same way. I take this stock for what it is. It's a good opportunity.
I didn't say I knew everything. Also, where's that rally you were predicting based on your vast knowledge?
I still see the stock at 0.238 / -7.57%....
Like I said I hope I'm wrong, but I'm reasonable and I don't expect anything magical to happen in the last 30 minutes. Nor does it really matter since I expect to hold this stock for 3-5 years. I do expect it to grow over time.
Yes, it's had some crazy, unpredictable, swings. The one a few days ago when it fell to 0.19 cents or so was one of those crazy moments.
I'm wise enough to not expect anything to happen without a real catalyst.
I know that stocks don't move "just because.."
I don't care what degree you have, time will tell, with stocks. A guy on here earlier, the day before it dropped big time to 0.19 cents said the cup in the handle is a predictable move and that it's about to skyrocket. That was right before it crashed to 0.19 cents.
Yeah.. predictable alright. I also doubt you have any degree based on how childish you're acting in your post etiquette.
Unless you're about to drop 20 million on this stock and we don't know it. Then you'd know it's about to jump up for sure.
What's going to cause such a movement? It'll just rock into the 30's for no apparent reason today? lol...
My point is I feel we all have a long time before anything major happens with this stock. The track record tells me that. This stock doesn't really move based on PR's.
IMO this stock won't move much until they can show massive sales.
I'm in long as I think it's going to be 3-5 years for significant increases.
Hope I'm wrong, but a lot of people here are hoping for a cheap lotto ticket.
That doesn't mean they'll announce it today or this weekend. I don't expect anything unusual to happen by close today.
It'll probably be a while before they announce anything.
I'm up 46.34%. :)
I'm glad I didn't find out about this stock until after it tanked to under 30 cents a share. I did most of my buying when it was between .15 and .18. Anyone who got in at less is very lucky. I read some posts on here of buy ins at 10 cents.
Did anyone get in at the low of 0.075?
I'm still looking forward to the Macular Health deal. They are in research phases. They did need time to develop a new product with their technology. I didn't expect it to be instant like some of the people on here. I was thinking it'll take a year.
I'd rather this company climb up at a steady pace. I don't want a buyout to happen until this stock is costly.