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.
I think they are holding back news. Something big happened and they are hinting at it in their press releases. I think we are going to see some big numbers once the name change is complete. They did not increase the amount of shares with the name change filings. They also did not file for a reverse split. Share structure is staying the same.
Once the name change is complete they should release some big numbers or news so it is linked to the new name and not lost under the old ticker.
This is my opinion..
But look at the last few press release.
Other forms of financing.
dropping the word Foods from the Verus name. Verus International, Inc
Other forms of distribution.
recent World cup.
event-driven retailing
I think the news machine will start after the change and we will get the big announcements. I'm happy taking all the shares I can at these prices.
American Agro Group failed? or finally about to succeed as Verus international inc? Anshu Bhatnagar has been working on this for years. Its not a fly by night operations. They have been here for a while and will stick around, not about to go out of business.
OK what does this mean? Found in the 8/22 press release?
https://www.otcmarkets.com/stock/RBIZ/news/RealBiz-Media-Group-Files-to-Change-Name-and-Symbol?id=201741
"This strategy is consistent with the Company’s plan to create a robust distribution network supported by both Verus-owned and third-party brands. In addition, the Company periodically has seasonal opportunities involving event-driven retailing, such as the recent FIFA World Cup."
"such as the recent FIFA World Cup." To me this means we had an seasonal opportunities involving event-driven retailing in the PAST FIFA World Cup. Add more revenue to the already existing contracts.
Way under valued IMO..
Good Morning. Glad to see you are calling for a nose dive.
"Pumped alllllll weekend. Get ready for another nose dive. RBIZ"
Translation: Name change was submitted last week. Confirmation of no additional shares or reverse split. This is about to take off. $RBIZ
Nevada is current DE is not.
https://icis.corp.delaware.gov/ecorp/entitysearch/NameSearch.aspx
THIS IS NOT A STATEMENT OF GOOD STANDING
Date: 8/24/2016
not current
https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=CfQoEgLnpNoMVqQd0oTjew%253d%253d&nt7=0
File Date: 1/10/2017
Status: Active
No Par Share Count: 0
Current
This will most likely house the name change.
The can file in DE or Nevada. Verus foods is current in Nevada until 1/31/2019 and has no shares associated with it so RBIZ can change its name to Verus Foods.
The DE link you need to pay for. It is outdated. The Nevada link is more up to date. There is little Nevada information an no share structure since this stock has not become Versus foods yet. not until the name change is complete. At that time the RBIZ share structure will be migrated to the Versus company that has no shares associated with it and is current. The DE company is from 2016 and not relevant.
Ha! DD the Verus foods registered with the state of DE does have 10b shares. however it was registered in 2016 with 10b shares the share structure was not updates. Rbiz has been updated with 1.5 billion shares. when the filling is completed to change the name the share structure of this company will move forwarded into the new company.
here is the more up to date information without any associated share structure and will be updated once the name change is complete.
https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=CfQoEgLnpNoMVqQd0oTjew%253d%253d&nt7=0
So you bought on June 22 for around .004 sold 6 days later for a loss at .002 Rbiz climbed to .009 on 7/3 and you bought back in and sold on 8/14 for .003
LMFAO
Your so called 72k gain was a 72k loss and that why your bashing.
Hows that for NEW DD
You got that right. But I don't recommend shorting this based on your current DD. If you made money shorting this on the last drop, go back and read up. Things have changed a bit. new contracts and new financing (non diluting financing). The spun off the non profitable business into its own company. name is changing soon. your 1.2 billion DD shows you are about 2 months behind. Things are moving very quickly here now. this will run more, I'm sure you will have plenty of time to short this in the future but i down recommend it at the current PPS. In my opinion its not going to be this low again for a long time. This is one press release from a penny and is building strong support as it climbs.
Catch up.... its been 1.5 for a while dumb A$$. not sure where you got your information but shows your DD is not as good as ours.
I see what you are doing stating 1.2 billion shares you are trying to create false DD to support your cause. You will try to give fake DD saying they have 1.5 billion shares. We all know its currently 1.5 and your DD is bad.
you are trying to cover your Short position or get in at a lower price because you missed the run over the last few days.
You have it wrong. Try to catch up its 1.5 and maxed out. I see what you are doing here. trying to claim its less so you can pull the 1.5 number later and say told you so. Create a little panic and get some discounted shares.
Absolute no more share to dilute. Read the latest press release and catch up.
Share structure is simple 1.5 billion shares. maxed out, no delusion since there are no shares.
confirmed Deals
$109m backlog
$1m per month new
$78m meat deal
= $199m per year revnue
Current market cap
1.5b shares x PPS (.006) = 9 million
9 million is less than 199m = under valued.
$199m revenue divided by 1.5 billion shares =.13 per share value
That's .13 PPS without any new revenue, without adding any multiples of future revenue. Per the latest press release there are more deals pending and updates are coming. I can easily see this trading 2x current value .26 add a few more deals we are .30-.50 easy.
If you want shares from here on up you need to pay top $$$. the ask is drying up.
No Reverse split see latest press release.
https://www.otcmarkets.com/stock/RBIZ/news/RealBiz-Media-Group-Corporate-Update-Announces-Completion-of-Spin-off-and-New-Contract-Covering-Multiple-Products?id=201229
"In that regard, Verus is happy to announce that it has reached an agreement to supply a Dubai-based food seller with up to $1 million (USD)/month in multiple vegetable, fruit and meat categories. Initial products are expected to include mangos, onions, potatoes, eggs, mutton, beef and poultry sourced from suppliers in several countries. Financing is being finalized and will utilize a Letter of Credit (LC) and non-dilutive European and U.S. sources."
"non-dilutive" = no new shares! Reverse split is not needed until up listing to NASDAQ to meet the minimum price per share. We might meet that with enough new contracts.
We need to up list to the OTC first and meet the requirements to the best of my knowledge.
LOL Clay gets to say he nailed it if this goes up, down, or sideways.
yes very big. Many don't realize the $78m meat and Disney branding rights deals are 2 different deals. I think they might have been announced at the same time and they combined them into one deal...
1.5 billion maxed out... x todays pps= market cap $7,950,000 (very undervalued)
Deals
$109m backlog
$1m per month
$78m meat deal
= $199m per year
unknown additional revenue from Disney juice deal..
You have it wrong.. See below:
"$78 million exclusive contract w/Disney"
78 million is for a meat contract.
The Disney deal is for exclusive right to put Disney characters on juice bottles in some markets. This brings in additional revenue above the following.
78 million is for a meat contract.
1 million per month deal.
$109 backlog.
Additional $$$? exclusive right to put Disney characters on juice bottles in some markets.
I was thinking that this morning when i started adding to my position just before the first run started.
They moved all their other non food related assets out into a new company. I have seen this kind restructuring happen in private companies right before a buyout. With the contracts in place and the backlog I think a buyout or merger would pay us many times future earnings. Or they just want to separate the books so the public stock is not held back by non profitable business. What ever happens it looks very promising from this entry level. Should be a fun ride. Cant wait to find out.
The news everyone was looking for 2 weeks ago got put no hold while key players were traveling. Looks like they were getting SH!T done. I'm glad to have had the opportunity to load the boat. I am seeing so much green my eyes hurt.
i guess you still have time to cover. glty
Take it easy on Short_Slayer guys. None of us like to loose. I think he is short and his losses could be infinite. Maybe we can start a collection for him when we are all rich.
how much are you short?
LOL everyone seems so upset. RBIZ never gave a date on an update. Everything I have seen is shortly. Shortly is easily over 30 days in the business world. They are splitting up companies, dividing assets, i'm sure lawyers are involved reviewing paper work, contracts and making revision after revision. not to mention it is summer (August) Lawyers, management,and other highly paid paper pushers are trying to fit in that family vacation before the kids go back to school.
You will get your update. just be happy with this great opportunity to average down while the big boys are loading.
I was asking. I cannot keep every person straight and who said they personal emailed the company. Because I don't always believe them.The only emails i believe are the replies i receive. No reply ever has a date. they always seem like canned responses of you will be updated soon...
some people interpret soon as 3 weeks ago or 3 month from now. what date did they tell you the update would be out?
My take is there is a new company. all of the other non profitable businesses and their debt is being transferred to the new company. Rbiz is the profitable food business with no debt. lots of paper work to finalize. this stuff takes time.
Rbiz is trading at an all time low. when everything is finished this will go up. How long? not sure. is this the bottom. not sure but when it pops it going above here. Will i sell at this level. no. will i average down if it goes lower. yes.
Did the company tell you personally? Did the company issue a press release stating they would update you over a week ago? I believe everyone assumed there would be an update after the spin off and set an imaginary date.
This is not news! This is the action of a real company making real money. To me this is better than news and will take this stock much higher than any press release can.
Seems penny traders want daily tweets from the CEO about nothing. We have institutional investors here who don't like daily fluff and only want real news from real sources about a real business.
Drone USA sales team needs to place a call to the President Maduro
in Venezuela.
https://droneusainc.com/fleet/counter-drone/
If you google the address it looks like a multi tenant building. The pictures of the inside of the http://fightingartsct.com/locations/
martial arts building makes it look much newer than the outdated google image. there are also a few other business that share that address. I'm thinking it was renovated after that google street view photo.
Its going to take off like a Drone.
H.R.5515 - John S. McCain National Defense Authorization Act for Fiscal Year 2019 Approved!!!
Very Large money is going to be spent on Drones.
Congrats guys!!!!
That is all.
Microsoft started off in a garage. We are gold! Come on Johnny, if they had some big Madison Ave office you would be yelling waist of money.
This should be trading where it was in April, and was over sold. in my opinion we should be close to .08
If they have over 25 million in contracts, and 500 million shares at .02 the market cap would be 10 million, #undervalued
Yes! much more consulting services available. I'm in the computer business and we loose on hardware. Its the services that go along with the hardware that makes $$$. As far as the Chinese knock offs on Amazon they are fakes. I cross checked with other re sellers and they have the same Drones for the same Price. I can buy a Chinese $14,000 Specialized bicycle just like the ones used in the Tour for $300 on amazon. LOL.
So if i have this right... Things don't look so bright for a penny stock. They have debt, They might have dealt with sub par firms for capital. Its all part of the world of startups. So you buy when no one wants them and sell when everyone wants them. Contracts are starting to pickup, the company can start to refinance debt with better terms. It might start to look more attractive to investors. We are sitting close to an all time low, i would say no one wants this stock but that is all about to change in my opinion. I'm loading up.