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Yeah.....NO NEWS!
Yeah....NO NEWS!
"There should be something soon" as in a call back from an exec? Or by way of news?
Should the Accumulation/Distribution line be used to measure the actual amount of stock accumulated, or held long term? No. It is a tool used to confirm the trend.
"The Accumulation Distribution Line is a cumulative measure of each period's volume flow, or money flow. A high positive multiplier combined with high volume shows strong buying pressure that pushes the indicator higher. Conversely, a low negative number combined with high volume reflects strong selling pressure that pushes the indicator lower. Money Flow Volume accumulates to form a line that either confirms or contradicts the underlying price trend. In this regard, the indicator is used to either reinforce the underlying trend or cast doubts on its sustainability. An uptrend in prices with a downtrend in the Accumulation Distribution Line suggests underlying selling pressure (distribution) that could foreshadow a bearish reversal on the price chart. A downtrend in prices with an uptrend in the Accumulation Distribution Line indicate underlying buying pressure (accumulation) that could foreshadow a bullish reversal in prices."
or
Detect hidden buying or selling pressure with accumulation distribution line
Developed by analyst Marc Chaikin, the accumulation-distribution line (ADL) measures the volume of money flowing into or out of a stock.
Technical traders use ADL as a proxy for underyling buying and selling pressure.
It’s commonly employed to confirm the predictions of other indicators (commonly RSI), and is a close-relation of on-balance volume.
I could be wrong, but I don't think you're right, and here's why. I think of the approx 600-650M shares issued, most are held by people other than IHubbers. They simply KNOW the deal is going through. The selling is mostly by nervous and/or active trading iHubbers, where they get gobbled up by the KNOW'ers and by iHub longs. Hence the dips are coming up higher and higher, and will soon disappear altogether as more and more shares get locked up. This is also why the breakout will be most memorable!
We all, who own shares of GDSI, are in the same boat as you are. Do you think rocking this boat will bring stability or resolution to the matter of a lack of material disclosure by GDSI?
I've thought, during these last couple of months, that GDSI's silence is preferrable to empty assurances. It is not GDSI's job to quell the fears of a few of its stockholders, but is rather to bring substance and value to their holdings. I'll live with the not knowing, believing they are performing their stated intentions.
It's in the dark that a man's fears blossom and seek expression. What Rmlz is saying is that your post(s) are exactly what I've just described. Your "instincts and probabilities" are not logical, impartial or even material, but are motivated by your fear of the dark, the expression of which justifies its existence by seeking to spread itself to others.
Is this your conscientious intention? To sow fear or to fan its flames in others? If not, then what IS your purpose for expressing your fears of what you, by your own admission, do not know?
Shareholders' moods have been swinging up and down a lot lately, anticipating news before year's end, then either justifying or condemning its absence.
The truth is, nobody knows for sure, until the news comes out. What we DO know for sure is that the deal is signed, per the 8K of Oct.13, but that certain things still need to happen before the deal is consumated.
Meanwhile, what would GDSI tell us? "Yup, what we said before is still true, but it's taking a little longer than expected."? This statement is obviously true, so why tell us?
Because if the deal were off, they would have reported it. So it's obviously NOT off.
So the only thing that can be true (for now) is that certain conditions still have to be met, AND it's taking longer than originally expected. Again, since these 2 things are obviously true, why issue a PR to that effect?
Besides the obvious state of the deal, I really like the chart. Hitting the same top so many times simply tells me that when it finally breaks through, it will be mammothly explosive....for a good while!
No date on this. Also, can't tell from reading this who's dishing the BS, or any specifics about it. Only thing it tells me for sure is GDSI is aggressive.....and bold!
Me too.
Still on .... as far as anyone knows. Chart telling us that all risk takers who want shares have bought, and those who own are holding. imo
Boilerplate.
Don't think it's dilution. BMAK doesn't seem in any hurry to sell. He's certainly not dumping. As far as price....I bought for the merger....I just have a sense that when the definitive news we're all waiting for breaks, it's going to be like a thunderclap to the stock price, and what's happening now will be a distant memory.
I understand Rontan's most recent annual sales was in the range of US$125M. I'd expect an established company like Rontan to garner net profit of at least 10%-15%, or $12.5M - $19M. (Haven't seen the books, don't know for sure). Joined with GDSI and their NACSV business, plus the increased capacity their synergy will produce, I'd expect sales to climb by 50 - 100%, or to approx $180M - $250M, with net of $18M/year - $38M/year. Due to rapid growth, profits could certainly be less. But because it IS a high growth field, the market cap multiple could easily be around 20X. So halving the profits ($9M - $18M/year) and using the 20X, we get $180M - $360M market cap. Now if you assume some share dilution....say, to 1B Shares, that would make it a PPS of $ .18 - .36. That's 30X - 60X present share price. And these are conservative figures.
One thing for sure...this stock just crackles with anticipation. Every move is crisp, almost electric.
I'd like to believe it, but it was less than $500 that bought out the 67's and $24 that bought the 8's. If news was pending, I'd think that the bids would be climbing.
So it's a guarranty....meaning the $26M is being borrowed? Or, if the hedge fund is supplying the $26M themselves, what do they get for it? Or is it a $26M loan from the hedge fund?
Again, plenty of time for a December close. (Doesn't mean there will be, but plenty of time to do so). First of all, filing stated closing would be within 10 days of opinion letter. (Could be same day, 2 days, 5 days, who knows). Second, news of opinion letter could come out at the same time as news of closing. GDSI might have already received the opinion letter and be only a day or two from closing and decided to announce both at same time. That's my ...... opinion!
Closing within 10 days of favorable opinion letter. Plenty of time for December close.
Charts follow, they don't lead. Throw that 50 out the window!
Yesterday I kinda thought, based on the recent surge in the O/S count, that they would be maxing out their A/S either yesterday or today. When that happens (which I think it did today), the only way to go is up!
This possible reverse split and increase in authorized shares is only a possibility IF and WHEN they decide to reverse merge Turlov's other 2 companies (Freedom KZ and Freedom RU) into BMBM ..... which may never happen. Otherwise, this merger (FFIN) is a done deal.
Sssshhhhh! Just a hint of a PR and it will multiply!
The 31M deficit is not a liability, it is not like a loan that needs to be repaid. It is simply a book entry that addresses the loss, over time, in the value of the company's shares from their original issue price. At the time of the last quarterly report, the market capitalization of GDSI was 31M less than the total $$$ paid to the company for its shares. That 31M deficit is cumulatively shared by all shareholders, past and present. That's why the line item is listed under "Shareholders (deficit) equity."
I used 288M, which is the O/S count. Considering any issuance of the additional 212M shares which make up the A/S would result in an increase in $$ or earning power, we can leave those shares out of today's reckoning.
As of close yesterday, $BMBM's PPS was almost exactly at the profit/share of 2014! I would say we've got a nice little price run in store! The first time $BMBM issues any kind of PR, we're goin' on a ride!
"The head office of IC "Freedom Finance" located in Moscow. On 31.12.2014 the company's assets were at the level of 531 million Rub ($7.965M USD), Capital - 402 million. Rubles ($6.03M USD) Revenue at the end of 2014 amounted to 70 billion Rub. ($1.05B USD). And the net profit - 65 mln. Rubles ($.975M USD)."
$BMBM is just starting to underwrite large IPO's, so it's on a big uptrend in growth. All this trading at a market cap of less than $1M USD! Should be 20X at least!
Thanks Nikita, well done!
Maybe landing a Russian whale or two! Those oligarchs have billions to invest!
New owner has 224,551,913 shares (80.1%) That 55M represents the other 19.9%.
I think the peeps that bought on news yesterday dumped their shares. No instant gratification.
T H I I N N !!! Imagine when this gets a PR!
I really like it when a company puts out a filing but no PR to go along, because it allows those who follow closely to get in ahead of time. It also shows the company is serious about substance rather than simply pumping.
The owner owns 80.1% of the total O/S, that's true, but according to the 8K, that 80.1% is 224, 551,913 shares.
Here's a cut and paste of the 8K.
On November 23, 2015, BMBM and Timur Turlov entered into the Acquisition Agreement, by which BMBM acquired FFIN, in exchange for 224,551,913 shares of BMBM’s common stock, which constituted approximately 80.1% of its 280,339,467 shares of issued and outstanding common stock after giving effect to such acquisition.
According to my math, that leaves approx. 55M shares (19.9%) in the float (unless there are other shares locked up).
Where did you find your figure of 20M for the float? I'm not doubting it.
On November 23, 2015, BMBM and Timur Turlov entered into the Acquisition Agreement, by which BMBM acquired FFIN, in exchange for 224,551,913 shares of BMBM’s common stock, which constituted approximately 80.1% of its 280,339,467 shares of issued and outstanding common stock after giving effect to such acquisition.
So, 224,551,913 shares held by new owner. Most assuredly locked up. Total O/S about 280, 340,000, of which approx. 55M are free trading.
The $8 million cash on hand gives each and every share a present cash value of $.0285. That alone is almost 5X present value!!!
Audited financials and $8 million cash in the bank!
Sellers all but gone. People starting to realize they're going to have to hit the ask. When it starts, it'll climb fast imo!
Wonder what they're gonna do with that $8 million. This new company could go viral real quick!
As the Russian $$$ pours in, the first company they can invest in is BMBM!