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One of these days he's going to be right and we'll never hear the end of it! LOLOL!
I think maybe the days of quietly accumulating a large position are done for!
My second biggest holding about to become my second biggest money maker! lol!
Yah, I'm sensing a LIFT-OFF! lol
NOT a very good chart read.
Ever hear of trading in a channel? Called ACCUMULATION!!! lol
Trading between $.78 (lowest) and $.88, last time it traded in a channel, it was $.28 - $.32, and when it took off, it QUINTUPLED from the higher price in a little over a week.
Let's see, what's a quintuple from $.88.... hmmmmm! I think that works out to $4.40! BUT... is it worth the wait of a week or two more? Some won't have the stomach or the belief. I have both!
???????
??????
If your post made any sense I might laugh.
Skywell is the SECOND LARGEST EV bus manufacturer in China!
The KNOW how to make buses, and are sold throughout the world... just not in North America..... YET!
Those playing the short, or waiting game make me think of this verse:
But when they shall "peace and safety," then sudden destruction shall come upon them without warning, and there shall be no escape.
I love it when he states some low number he's got his offer in at, because it NEVER EVER goes down that low, and is usually when the price turns around! lolol
I personally never said they had exclusive rights to India, or even that they were IN India. I stated that management had mentioned that there were other countries which could become available for them to have exclusive rights and that one of those countries mentioned was India.
India is (or at least was) a POSSIBILITY!
2 Skywell buses already approved for European market (MUCH stricter than US market).
ET5 going through approval in Europe right now and expected to be approved soon.
And yes, INDIA is another country which DSGT mentioned may be open for Imperium to have exclusive rights in! IMAGINE!
Skywell and Jonway have extended credit toward Imperium/DSGT re: the purchase of their vehicles.
That and the financing by GHS means money will NOT be a problem going forward for Imperium's continent-wide roll-out!
So glad to be here for the beginning!
https://colombiabus.com.co/2021/01/17/61-000-buses-electricos-vendieron-las-marcas-chinas-durante-el-ano-2020/
61,000 Chinese-made electric buses sold in Europe last year.
SKYWELL is the #2 maker of electric buses in China!
Think they're legitimate?
Think they'd partner with just anybody for the United States market???
Think again!
Yeah, they said they'd be rolling out the new website big by bit and that it wouldn't be done for probably a month.
I've been getting this on my fb feed lately!!!
https://www.facebook.com/Rumble-Motors-103018265048140/?__cft__[0]=AZVK_dAcCrs_1tMrOEWx_jNPDhfVZ0tylCDJ4AImaYS7ACq2gWfh9toP7e5GHWusP7ygRi6Jo4ABUxLhn30FpQU_7kQdxNbHI5-iCDiLFAfdga4hf6TNrJIn4YkF5N3l-JPJqVGUecV4Bia2RIhztVrv69fA5p3SebRxJsX9UKo-ZZ_tiqsl-QwxKYV6yzd9pDNkFzBCxoThbz8S81XRxp8IFqLY7SsAf6j2qMx4fQpg2DkSpK-rsj-fMhNRud4pVbJ22XdIXjHUec-wkSJomw8BTdQ6TQI56sxSrv77TNK4QA&__tn__=-UC%2CP-R
Except your post is completely false. There are no toxic lenders.
Ouch.
Yeah, I think most people don't realize that fact.
The GRAND OPENING should not be confused with a soft opening, which DSGT has always said they would have initially, within weeks, to start off. I imagine the Grand Opening will occur when EVERYTHING is in place (website completely complete, every vehicle available and prepped, all systems have the bugs completely worked out, the pipeline from China has been tested and proven, all dealers have been instructed and trained in THEIR systems re: Imperium, etc.)
Which (thank God) Rick Curtis has been doing!
You OBVIOUSLY don't understand the financing AT ALL! lol.
There is NO "unlimited shares" to sell.
Let me explain it to you.
GHS gave DSGT $1.5 MILLION. For that they get.
1,500,000 common shares IN SIX MONTHS (now held in the form of Series F Preferred Shares)
Warrants (rights) to buy 1,500,000 MORE shares @ $.50. (for another $750,000 into DSGT).
There are certain restrictions in place, and rights of DSGT to buy back the Series F Preferred Shares within a certain period of time; ie: when they become profitable, which may be sooner rather than later.
So much for "unlimited shares."
Yo don't start up a company like Imperium Motors with a lick and a promise! lol! That's why they're a PUBLIC company... to raise funds for growth and expansion. Glad they did, because I get to go along for the ride of a lifetime!
So thankful to be here for the beginning!
I should write a paper: WHY COMPANIES GO PUBLIC. It would be s short paper. Here's what it would say. TO RAISE FUNDS FOR GROWTH AND :EXPANSION.
DSGT is a public company. They are a PUBLIC company, and they have raised and are raising funds for growth and expansion.
If you LIKE where they're growing/expanding to, buy into their publicness. If you DON'T LIKE where they're growing/expanding to, don't buy.
One thing I really liked. I see their O/S went from 92M to 99M. That's only a 7M share increase over the last month, where the months before it was about 10M. So the rate of increase of O/S has slowed. GOOD NEWS!
And one day soon (within the next 6 months?), that increase will be ZERO, because they will have achieved POSITIVE CASH FLOW. But don't expect the share price to be what it is now when that happens. OH NO. At the rate we're going, we might have 125M share count by then, and the company could be bringing in $40M - $50M per quarter, and no more $$$ MAY ever need to be borrowed/raised again....
I find DSGT to be quite dependable, up front, and honest about its plans and accomplishments. Sure they give approximate dates which don't come to pass, but like wise men have said, "You never hit a target you don't set."
My trust has been amply rewarded, and I'm still here because I expect a LOT MORE out of DSGT.
Happy to be here at the very beginning!
Except for the ones who were willing to look beyond BOB, and see Rick Curtis, and take the time to understand what he was trying to do, and to see what he actually was doing.... $$$ MILLIONS!!! It's called DD. lol.
They've got so much going on, they can't keep up with all the news! lol
3X the number of shares needed for the purchaser to convert all shares of preferred stock is so that GH can not end up with control of the company. Smart (and only and totally expected) move by the company.
You will need to read the agreement more carefully, because the scenario you describe is not anywhere close to what was agreed.
Conversion is at 20% discount to price at time of conversion.
Let's say price is $5.00 at time of conversion. Each preferred is worth $1000, so each preferred would convert to 250 common shares ($5 - 20% = $4.... $1000 / $4 = 250.
Not too shabby!
Price was about $.50 on Dec 23, the day the agreement was reached. Angel Investment firm wants to benefit from the gains their $$$$ has made it possible to obtain. Hence the $.50 warrants (which can be bought back by Imperium (if I read the filing correctly)... NOT TOO SHABBY!
Look at it this way... instead of giving them shares THEN (while sp was at $.50), which would have dragged down the price, now the sp is free to grow without shares flooding the market. When (and if) the warrants are exercised, the company will be worth much more than it is now, and the new shares will be slowly fed into the market, as GH Investments will most likely hold long term!
Ahhh! Well, Imperium estimates that 90% of their sales will be through their dealerships, so a dealer network is an IMPORTANT part of the Imperium business model. In which case every dealer will have the ability to not only sell, but also service the models they sell.
(Not every dealer will sell every model).
You do realize that Imperium is just starting up? A month or two ago they announced 58 vetted dealers who had agreed to the terms of contract. So do they literally have a dealer network yet? Making sales? Well, that's the purpose of the showroom, which isn't even open yet... MAINLY for the dealers to come, try, order for their dealerships. We're about to get VERY busy! lol
You take it to the dealer, just like you would your present one. Each dealer will not only sell, but also service the vehicles they sell.
I'll take TWO! lol
Link?
individual shares
THE CHART.... THE CHART.
Tis a screaming thing of beauty!
lolol
unlike other scams this one has product and dealers and buyers and.......
lolol!
lolol! didn't even notice that! lol