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Thanks for posting that link! eom
Loving the price movement this morning on what is starting out more generally for the market as "bad" day. All of course, very subject to change.
...and by the way...with all of this "perceived failure" of GBOX, institutional ownership at an all time high. Things that make you go hmmmm....
Yep...things taking much longer than expected...but I am hanging on...as I believe many good things to come. Valuation now is a bit crazy low mainly due to missed deadlines and manipulators being in position to do their thing. This will change with major news...looking forward to better days ahead.
I am invested in some other companies represented by MZ Group. They are also presenting at/attending the conference. Only point is I wouldn't necessarily read a huge amount into LWLG attendance.
The guy with the pay site on Stocktwits who seems to have some connections said something significant/good in the offing. FWIW. I am hanging on to all my shares...lots of risk obviously, but would not be surprised to see something significant happen.
Sure would/will be nice to see some incentive provided to a "first mover" customer? It's hard to go ubiquitous overnight...but then again, who would want to be left behind...
We all make our own decisions...so more power to you. IMO, I don't quit the marathon at the 26 mile marker. I sold less than 5% of my holdings over past several months but bought all back at various lower prices...some in 11s, 12s, and all the way down to 6+.
My sense is that LWLG is/could still be involved here. I see this announcement as more marketing/branding-related. (aka the new "FOTONIX platform"). They mention big players to drive awareness and credibility. Not sure LWLG name has that kind of weight in the "general" market...but no reason why LWLG can't also be "what's inside". Then again, I am no engineer/expert. Could even be a subsequent PR that also lists LWLG as being part of FOTONIX platform.
I think you are on to something there!
It was at end of 2021 Corporate Update press release that came out this morning.
Agree. eom.
Well, from statement below it appears that there is more work to be done. How much effort/time/testing of that work is anyone's guess. Hope we get some nuggets/signals from next week optics conference.
<<"Looking into 2022, we continue to make significant progress to further advance the technology and information needed for our foundry partners, enabling an expedited commercialization process through simplified manufacturing. We expect to see additional progress as we incorporate feedback from our tier-1 partners. I look forward to providing further updates in the near-term as we move closer to our end goal of mass market commercialization," concluded Dr. Lebby.>>
Good reminder, thanks. I suppose the line from 10K about anticipated operating losses at least through end of 2022 might even be "boilerplate" type verbiage typical in disclosure statement. I might be reading too much into it.
My previous post poorly worded...but anyone care to comment on this excerpt from 10K?...my fear is that this means we are not as close to commercialization as hoped...
<<We anticipate that we will continue to incur operating losses through at least 2022.>>
Perhaps this line from the 10K suggests significant near term ramping to account for continued operating losses at least through end of 2022? Otherwise, it suggests that there may not be much real ramping in nearer term (through end of year)?
<<We anticipate that we will continue to incur operating losses through at least 2022.>>
Interesting that author of that piece is CEO of POET.
sssshhhh...please not during nap time.
Absolutely. We should all be disappointed in the company if he chose this as the platform to DIRECTLY announce news.
Good stuff from Ben in this podcast/interview...
https://accelerateshares.com/podcasts/absolute-return-podcast-198-leadership-chat-greenbox-pos-co-founder-ben-errez/
Well...if you are working with multiple partners under NDA, they are likely getting insight into virtually all of your engineering/dev roadmap. If something that enhances stability is close, you wait...bigger question is what effort is required to implement the new process/material. Guessing not too much. If they had a significant contract already, they would have to announce it. Who is to say that this announcement is not the final hurdle to clear actual signing of deals?
Me too. eom
In spite of the fact that they have been working with multiple partners/foundries for many months?...I thought there was previous mention that Lebby had suggested to some that things would scale/roll rather quickly once it DOES happen. And won't there be some competitive pressure among partners/foundries to also prove/demonstrate that they are also on the leading edge?
How about some speculation about what the long-awaited "announcement" might say? Will it include $ and/or scope to make it obvious as to how much the stock is undervalued?...or will it be a positive announcement that won't cover numbers/scope that will require subsequent discussion/speculation, etc. And will other foundries/partners be quick to follow with their own announcements?
Strongly agree. Eom.
You raise interesting points to ponder here IMO. The question is, when is the "right" time to emphasize the business opportunity side with the addition of more "resources". My guess is that Lebby and company may have purposely delayed getting additional (business type) resources involved too early based on having good collaboration already with foundries/partners, etc. from an engineering/design level. More cooks in the kitchen can often times screw things up. Characterizing Lebby and company as sort of tunnel-visioned engineering nerds lacking in business awareness is quite the reach IMO.
Agree! eom.
Maybe we need to define "ubiquitous" for more investors...it seems that us here (and the institutions and manipulators) are the only ones that understand its meaning.
Makes more sense...he doesn't seem like a "hang loose" sort of guy.
You think 1.5% transaction fees are IN ADDITION to what they already said is 20-30 cents in average margin per transaction? Why would they not also consider that part of their margin by definition?
As I look at this...I would calculate GBOX monthly revenue from ACH as very roughly:
$50,000,000 divided by $150 = $333,333. $333,333 x .25 = $83,333. Of course, as stated in the PR, the ACH volume also provides GBOX the opportunity to process additional higher margin, higher risk transactions.
I find this particularly relevant in terms of GBOX meeting provisions of loan agreement hurdles required for Q1.
Also, FWIW, GBOX states in the PR "committed" volume of $50M in ACH...that may be different from what they are actually processing.
CEO, you said...
"The new ach platform alone currently is bringing in over 750,000 revenue a month and growing and growing up to billions monthly."
The GBOX PR of January 18 states...
"Since the new program's commencement, GreenBox clients have already committed to over $50,000,000 in monthly ACH processing and the
number is climbing. Generally, the average ACH ticket is approximately $150.00, with margins ranging from 20-30 cents per transaction. What's
more is that these new ACH processing abilities also allow the Company to capture the business of, and support clients in higher risk categories,
earning an additional 20-30 basis points per transaction."
I am trying to reconcile your statement vs. PR. Can you please assist/explain?
Thanks.
Thanks M8Seven! eom
Yes. I imagine that Lebby and company could say "something" that might provide a "bounce" in this short term panic period...but...they would fall into trap of what every other company tries to do to fight the manipulation...and mostly a losing battle. By simply staying the course and being true to their business plan, they will hugely reward their long term investors (who are unlikely IMO to be selling down here regardless). Temporary "on paper only" pain for long term (if you consider 1-6 months longterm!) gain.
Ha!...nice try. I suspect very few long term holders are selling a single share down here. Yes, there will likely be some dilution via conversion (assuming it is more than likely that $5.50 target will not be reached by February hurdle date)....but they will meet the bigger hurdle IMO for end of Q1 which would prevent more damaging dilution. In the end, their business will grow monumentally this year regardless.
Buying here...fully expect to see nice return within next 6 months...hopefully sooner vs. later.
I believe you raise a valid question here...my biggest concern in terms of how long this will take. If anyone can address this question with valid input that would be great! (I would hope that foundries are assisting expediting this process as much as possible?)
I don't necessarily believe "revenue rolling in" is the requirement. Announcement of a deal that provides confirmation of the scope/potential may indeed be plenty enough.
Great work M8Seven! Thanks. Connecting the dots. Wonder what current transaction volume (and margin contribution) is attributable to Gibraltar Exchange?
I do recall a GBOX connection to the Gibraltar Exchange in some of my past research...will go back and do some repeat digging.