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Naw. It’s 11mo. SMH.
No dilution in 11 mo confirmed.
$WRFX
Know what we own.
Ok. I’ll go with your numbers. No dilution confirmed two weeks and counting.
There you go. Per you, no dilution in two weeks. Same OS as of 10/15/2019.
Yeah. Not accurate enough. The current OS is same as you posted at the lease last month.
I realized your list leaves out stuff too.
Punchzee release!
So you're saying dilution stopped, eh.?
Yeah!
Horrible analogy. This one is better: WRFX is kind of like a fat arse loser living in his sister’s trailer. All full of himself on twinkies and bullshit. Then comes along his wirey, tough as nails, ex military Uncle Mickey. WRFX will get whipped into shape whether it likes it or not
All of the above. Most longs are fully loaded and just waiting for the coming boom time. You can see today someone(s) loaded a good amount. Some just get frustrated and move on. If you look at it objectively new management is clearing up past junk and looking forward with Punchzee as the first revenue generating product in the history of WRFX. All we got thus far is 50+ downloads on the google app. That’s not a lot. That’s not going to cut it. One of the early adapters has had huge success with the app. We need to see that success taken to other adapters. Until then it would be reasonable to not see much trade action here. So it’s a yawn for now.
$WRFX 2019:
Jan.
Debt remediated.
Feb.
Punchzee internal beta.
April.
New CEO/Chairman.
May.
New TA. No dilution confirmed. Independent audit begins.
Reg A+ withdrawn.
June.
Punchzee public beta.
Reincorporated in WY.
Renamed ASTRA VEDA CORP.
July.
DTC FAST/DWAC eligible.
Aug.
Punchzee released.
Oct.
Forensic Accounting Examination.
Forward looking:
Punchzee revenue.
Ticker symbol change.
Independent audit completion.
New BOD and meeting.
1st shareholder meeting
King Kong Longs will have the last laugh. Tic toc.
I agree. Until they show sizeable revenue from an app it’s a crap shoot.
Ok. We will stick with your list going forward.
Ok. Let’s go with your list.
That’s an interesting conjecture, but I prefer to stick with the facts and not speculate.
Here are facts from 2019:
Jan.
Debt remediated.
Feb.
Punchzee internal beta.
April.
New “interim” CEO/Chairman.
May.
New TA.
Reg A+ withdrawn.
June.
Punchzee public beta.
Reincorporated in WY.
Renamed ASTRA VEDA CORP.
July.
DTC FAST/DWAC eligible.
Aug.
Punchzee released.
Oct.
Forensic Accounting Examination.
Clearly the financial books are being cleaned up with a baseline from the forensic examination. That's fine. Q2 fins will be the first fins from the new CEO at the helm. Ok fine. Probably why they're taking so long.
But the real question:
Will Punchzee generate revenue to keep this boat afloat?
That remains to be seen. I'm betting it does.
Stop. Dark.
“The Company will delay further periodic submissions until copies of original e-mail communications and securities documents have been retrieved, organized and authenticated.”
https://www.otcmarkets.com/stock/WRFX/disclosure
Don't fall for it.
Stop. Dark.
“Live demonstration and frequent flyer miles for Paranotek CEO Mick Davis. CTO and Punchzee App team rocking' it for global prospects.”
“Wizard and Sayphr Team making it happen.”
https://mobile.twitter.com/ParanotekLLC
Punchzee now at 50+ downloads. Maybe first revenue ever for WRFX?
https://play.google.com/store/apps/details?id=com.punchzee&hl=en
$WRFX 2019:
Jan.
Debt remediated.
Feb.
Punchzee internal beta.
April.
New CEO/Chairman.
May.
New TA. No dilution confirmed.
Independent audit begins.
Reg A+ withdrawn.
June.
Punchzee public beta.
Reincorporated in WY.
Renamed ASTRA VEDA CORP.
July.
DTC FAST/DWAC eligible.
Aug.
Punchzee released.
Oct.
Forensic Accounting Examination.
Forward looking:
Punchzee revenue.
Ticker symbol change.
Independent audit completion.
New BOD and meeting.
1st shareholder meeting.
Transparency=
Stop. Dark.
I think that’s Mick’s style; like don’t buy this stock until I get all this past toxicity sorted out.
“The Company will delay further periodic submissions until copies of original e-mail communications and securities documents have been retrieved, organized and authenticated.”
https://www.otcmarkets.com/stock/WRFX/disclosure
For us long-term investors it’s clear progress is being made on cleaning up the past and generating revenue for the future.
Punchzee now at 50+ downloads. Maybe first revenue ever for WRFX?
“Live demonstration and frequent flyer miles for Paranotek CEO Mick Davis. CTO and Punchzee App team rocking' it for global prospects.”
“Wizard and Sayphr Team making it happen.”
https://mobile.twitter.com/ParanotekLLC
$WRFX 2019:
Jan.
Debt remediated.
Feb.
Punchzee internal beta.
April.
New CEO/Chairman.
May.
New TA. No dilution confirmed.
Independent audit begins.
Reg A+ withdrawn.
June.
Punchzee public beta.
Reincorporated in WY.
Renamed ASTRA VEDA CORP.
July.
DTC FAST/DWAC eligible.
Aug.
Punchzee released.
Oct.
Forensic Accounting Examination.
Forward looking:
Punchzee revenue.
Ticker symbol change.
Independent audit completion.
New BOD and meeting.
1st shareholder meeting.
$WRFX.
FORENSIC
ACCOUNTING
EXAMINATION
https://backend.otcmarkets.com/otcapi/company/dns/news/document/38440/content
Good catch! I didn’t know their was a research page on OTC MARKETS! Summer 2020 for patent approval?
https://www.otcmarkets.com/stock/WRFX/research
Post RS OS = 644,609. 3/24/19
Current OS = 825,469. 8/16/19
Dilution of 180,860 shares in 5 mo.
Your piece of the pie is 78% of what it was 5 mo ago.
180,860 shares diluted since RS.
If they can get an increase in revenue over the next year like they did these first 6 mo vs 1st 6 mo of last year they can do it.
Burn rate of operations. $2,550,000
Revenue increase first six months of this year 125.9%
Revenue 1st 6 mo this year $786,090.
So next year you'd see $1,768,702.5 first six months.
Split difference next 6 mo. $982,612.5 + $1,768,702.5
= $2,751,315
Of course this doesn't include their > $6m debt.
But also realize potential revenue from legacy contracts may start to help out. There's a shot here.
They'll need to continue to increase revenue.
In the first 6 mo revenue = $786,000 (about 100% increase from last year).
Their estimated expenditure for next 12 mo is $2,550,000
....and they have working capital deficit of $6,839,398.
This is the best part of the fins:
Revenue
Six months ended June 30, 2019 = $786,070
Six months ended June 30, 2018 = $347,942
Revenue increased by $438,128 or 125.9%
Virtually valueless. I hear ya. Old management shredded the heck out of common shareholders. It’s disgusting what happened. I lost big league. That’s the past. I’m focused on the future and I’ve doubled down on new management and looking to reap bigger league rewards. Until new management shows revenue with continued confirmation of no toxic dilution I wouldn’t expect the optics to change much.
My investment is currently down 75.46% my friend.
We’ve all seen it before. It’s another sad story. Bob’s gonna dilute the heck out of this thing.
Lol. Timberrrrr
It’s now 803,290. Doesn’t matter how small the float is. That’s irrelevant. What is important is the market cap and how the dilution effects that. What is important to note is that it has been diluted by > 20% in the last month.
When’s the dilution stop? They are trickling dilution in continually, nearly 150,000 shares(> 20% of the float) over the last month.
Buyer beware.
https://www.otcmarkets.com/stock/DSGT/security
Good luck to you too. The only way they will turn this around is if they continue to leave the OS alone(no RS, no further toxic dilution)
AND
generate revenue.
Until this is done and affirmed over a solid period of time the optics here will not shift significantly.
I do here you on the past of WRFX. This thing got diluted last year to yuck zone for sure. The only way to change that will be for new management to continue to confirm no further toxic dilution, leave the OS alone, and generate revenue. It’s going to take awhile for them to change those optics.
That’s illogical. Cute, but not logical. Apple inc has 5b shares.
The current market cap of WRFX is $1.75m. That’s its value as seen by the market.
Whether the OS is 5b or 5 does not change that. If they did a reverse split tomorrow the current value of the company would not change, market cap would be $1.75m.
That's not logical. There are two pies of the same size. Sally has one pie cut into 5 pieces and Johnny has the other pie cut into 5 billion pieces. Sally offers you one slice of pie for $1. Johnny offers you 1 billion slices of pie for $1. Which offer gets you more pie?
$WRFX is too high risk to bring in family and friends. This is the journey you take with a bunch of fire-in-their-eyes guys...going into stinky pinky land to retrieve a wizard and some gems is not for the faint of heart.
As long as the disgusting dilution has been stopped, which it has, 5.85b OS is manageable. If you have a pie cut up into 5 pieces or 5 billion pieces it's still the same total pie. I don't understand the emotional hang up people have with the OS. It's not logical. With revenue it will move. Check back in when they:
Change ticker symbol
Complete audit
Show solid revenue from Punchzee.
In the mean time yes, lithium and copper are lower risk investments.
-Lithium mines are bargains right now. You could look at $TRQ for the copper mine at a bargain.
Read OTC MARKETS. ITS ALL THERE.
Forward looking:
Punchzee revenue.
Name/symbol change
$WRFX ———> $????
Independent audit completion.
New BOD and meeting.
1st shareholder meeting
Tic toc
Tic toc
Punchzee out of beta.
https://www.punchzee.com/pricing
Past looking:
Jan.
Debt remediated.
Feb.
Punchzee internal beta begins.
April.
New CEO/Chairman.
May.
New TA, no dilution confirmed. Independent Audit begins.
Reg A+ withdrawn.
June.
Punchzee public beta.
Reincorporated in WY.
Renamed ASTRA VEDA CORP.
July. DTC FAST/DWAC eligible.
Aug.
Punchzee released.
Forward looking:
Punchzee revenue.
Name/symbol change
$WRFX ———> $????
Independent audit completion.
New BOD and meeting.
1st shareholder meeting.
tic toc