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.
First leg up in a long run coming. Grossly undervalued for years. Needs to be trading @.025
Lots of shares trading above .007 today. Only so many shares available. Not like the OS is 1bb it's only 295mm. Float can flip very easily with a day like today. Lots of MOMO. It's not just a P&D. They are profitable and have assets and they are a mature company. That being said no matter where it closes today. We will have a couple grumpy old investors crying about the trading
Best part about this volume is that we buried the 5&6s forever. We churned those 5s so hard and now this huge volume above .0074 is perfect place to form the new base. But probably going to be a lot higher base then that. I would think .008 should be the support for a while.
It's crazy $JNSH still owns $858,677 worth of $BlNK. That is so cool. This company will be we dilute another share ever. They are so profitable it's silly
$JNSH is in beast mode today!
#EV is hot right now. $JNSH is definitely a great profitable company
Yes 100%! The install all the major brands.
$BLNK just happens to be who they sold the network to.
As far as the books go JNSH is not the best at filing the reports. I swear it's done by a 5th grader. I agree it is not the cleanest
They never bought more. They always list the valuation of the shares on the last day of the Q and post it as an investment. they always have only had 141k shares. Every Q on the last day of the Q. they would post the amount of the the value of the 141k shares. It just so happens this last Q they sold a bunch of shares and they only owned 26667 on the last Day of the Q.
If you want to check my work then do this:
Go to each Q and look at what JNSH put down for the investment prices of BLNk
Divide that number by the same closing day of the same Q report.
So for Q 1 2020 look at what the said the investment was for March 30 and and divide it by the share price BLNK closed at on March 30th.
Do the same for like 5 different q report. You will get the exact number of shares each time until this last Q. They finally sold some but not all. And for us to know if they sold anymore. when the annual/Q4 comes out we can divide the price of the investment with the closing price on dec 31st. We will then see if they still own 26667 shares
And I agree 10000% 26667 shares is nothing compared to the 141k they did own. They are not nearly invested in blnk like they were. But JNS did very well from the deal
They own 26667 shares still I promise.
They always show what they own in BLNk in that section. If you go and look at what the number is in June 30th it was $800k if you x that by the price of blnk on the close of June 30th you get 141k shares they had since day one. They always file the shares under investment activities.
Every Q that number goes up and down but it always equaled 141k shares
Now that number equals 26667 shares.
I been following it since the first time they posted the shares in the filings.
I promise JNSH still owns 26667 shares.
It's an investment not an asset.
I understand that you are confused because it is not listed under assets but it doesn't mean because it's listed somewhere else they don't own shares
DUDE READ the damn filings
Literally it says
INVESTMENT ACTIVITIES
BLINK INVESTMENT
Keep scrolling till you see it.
Sorry to sound like a dick but it's literally written out plain as day.
You obviously didn't scroll through it all. It's right there. $274,939.73
It's not hiding it literally days blink investment
It shows in the last Q the investment in blnk
It's there. You need to know where to look
Well they didn't sell a share for 2yrs then they sold a large chunk all in 3 months. He put $100k in the bank.
Brian runs a tight ship. He is kinda conservative. I think he has no reason to sell anymore. It's not like he was selling here and there the whole time. No he went from nothing for 2 yrs to 115k all at once. He literally wiped all the debt clean. Him, his wife & his brother were all owed $50k from years ago and they finally got paid. So he has been compensated. Honestly if he sold the last 26667 on Monday and used that money to buy back shares that would be awesome. I feel like some investors deserve some of that settlement money. Is was a hard few years having to pay for lawyers and court hearings. Bring the OS back to 250mm would be awesome. Or if he did a .01 dividend per Share to everyone
I went to the most recent filings and saw what they claimed the investment was worth on Sept 30th. I then looked at the closing price of $BLNK on sept 30th.
I took the investment price & dividend it by the closing share price
It gave me 26667 shares.
Take yesterday's closing price and x it by 26667
That gives you $JNSH investment in $BLNK on November 20th 2020
Bro I'm not talking about what they owned on sept 30th. I am talking about right now tonight
$JNSH still owns 26,667 shares of $BLNK
$BLNK closed TODAY @ $22.67
26,667x $22.67 = $609,607.62
If $JNSH still owns those shares then tonight $JNSH owns $609,607.62
The bottom line is $JNSH never purchased 1 share of $BLNK. $CCGI almost put $JNSH out of business. Jns power GOT sued and WON. Then it got appealed and JNS won. Then JNS power counter sued AND WON. THEN $JNSH APPLIED TO TAKE OVER THE EV charging network AND WON. Then $BLNK bought out $CCGI and the lawsuit that was still open against CCGI turned into $BLNKs problem. So then BLNK started realizing they needed to settle. Brian never wanted the EV charging network. He just took over the ASSETS so he wouldn't go bankrupt. CCGI owned JNS power over $100k in work Jns did in installing the charging stations and CCGI got busted for fraud and lost the contract so Brian swooped in and took over the project and got gifted the EV charging station network & all the hardware (chargers). But the problem was CCGI never turned over the passwords for the software for the network so some of the chargers didn't get activated by Brian. Very very long story short.
Brian never wanted the network.he took it for collateral
Brian did pay $400k in legal counsel for all that mess
Brian did get the network for free with all the hardware.
Brian did settle with $BLNK who were not involved in the scandal
Brian did give up the Charging network and dropped the charges against $BLNK
In exchange $BLNK would give Brian I think $50k in cash & 141k shares of stock
So the fact that Brian sold almost $1mm in shares & still owns potentially $609k worth of shares still is baller. Look at how beautiful the filings look. They paid off almost everything put $100k cash in the bank and still has money. The market cap here is ridiculous. $JNSH was profitable without the $BLNK stuff. $JNSH saved Chicago's ev network. Jns power is a big player in the metro area when it comes to specialty electrical installs or maintenance. Jns power works with more then just blink to maintain & install ev chargers. They are the king's of ( BAS) building automation systems
They work with all the schools and bigger buildings helping turning them smart. They install power stations for the power company.
All this $BLNK money is gravy. $JNSH is the real deal company.
EOD sellers totally ruined a great day. I get it "traders" don't hold tickers over the weekend but I do have to say at least they sold into the 57-55s. That's a great place for support we almost have these 5s buried. Been churning the shares at a nice upwards price for a few months now. Definitely some of the right eyes are looking at this one. Most of the SMALL float plays have been diluting. This one has the Fundamentals & Share Structure to really take off. I'm not talking about .01 I mean the legit $#!t
Perfect storm setting up.
26,667 left but they cleared all the debt and put $100k in the bank and still own $650k worth of shares.
That means this stock as of right now is 6x undervalued with the current market cap. I am totally ok with with them selling shares wiping away all debt throwing a grip of cash in the bank and still being extremely profitable and holding shares of blink still. last year people were crying that Brian wasn't selling the shares at $6 now people are mad that he sold them at $11 this is outrageous. Most people that post on this border a bunch of babies never going to make them happy.
Take the $$$ amount filed on Sept 30th for $BLNK investment ( sorry I don't have that number on hand)
Then take the closing price of $BLNK
On Sept 30th. $10.31
Divide the price of the filled amount by $10.31
You get 26667 shares.
Then take 26667 x whatever $Blnk is trading @ and there is you amount $Jnsh owns
$JNSH still owns $609,607.62 worth of $BLNK!!!! That is insane
$JNSH owns 26,667 shares of $BLNK
$JNSH about to heat up. The right eyes are starting to see it. There are only so many 5s out there. Can't sell into them forever. This Float is drying up. Definitely see a new trading channel about to form. So many people searching out alternative energy pennystocks. Only so many profitable ones out there. And $JNSH is as solid as it gets.
$JNSJ getting some twitter love tonight. This is so overdue. I just want this trading @.009 again. It would still be grossly undervalued at that price but at least it would be respectable.
It switched up quickly. Someone was sitting there for a second. Wonder if they had a wall up so they could load the bid.
Really. A 7mm share block @.0057
That is just so amateur. Can't breakup your order? Something seems fishy.
Eventually the person who keeps selling just a few shares on the BID to paint it down will run out of shares. For 3 yrs now someone is just selling a couple shares and tries to keep the price down. That can't last forever. There are definitely new hands holding shares and this will definitely move north. But Until then we have to deal with some dillhole who keeps smacking the bid with just a couple shares.
All legit points. I could see if they wanted to uplist to a bigger board and needed to maintain the $1 minimum. I personally think they are a ways away from even thinking about that. I think after they execute their strategy successfully if they do. Then they would think about where they want to be trading at and what exchange and what investors they want to attract
No reason to do a RS with such a small SS. They can raise the SS easily without doing a split. The AS is pretty small. Things definitely heating up. I could see .20 in the near future.
Q3 coming out next week! Those $BLNK shares are going to make the bottom line look real nice. Company has been really busy too. Revenue for the year should be over $1mm in Q3.
Person doesn't have a position. Just a voyeur chirping on the sidelines
To be fair there is some difference between a buy and a sell. If people people are hitting the ASK then the accumulation is on the way up.
And that is one thing $JNSH has.it has very high accumulation. So to say it's all selling is just a flat out lie. $JNSH float is actually very tight. It just sucks that the ask keeps getting stacked. Soon thou it will have churned all the 5s
Because that's literally all that's left. Once the attorney letter is submitted they are current Until Nov 14th. That's when the next Q is due. But really besides these Canadians crying about being locked out. ( By the way that sucks. Sorry to hear that) there is really no difference right now besides that letter isn't filed and that is why they are not current. All the fins are submitted and current.
Whoever sold 5s probably feels pretty f-en stupid right about now.
Accumulation has been climbing for a while now. It should definitely start thinning out soon. Momo is building and volume is growing big time
Hopefully it can just break .002 and hold it. That would be a great start
That's not how that works.
Accumulation is off the chart.
Next move coming
Need to just churn the last of these 5s out and make it support. Accumulation is very high almost the whole float is bought up.
Welcome to the board Johahn. I think I might have seen you on Twitter too. $JNSH definitely one of the good ones