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I need four recent posts, BBS has lots of members :)
BBS offers options flow and darkpool data!
shhhhhh, guess we are flying under the radar
just shy of 35m here....
There are plenty of us that were around for that if you'd like to know what happened lol
lol, the chart, I spit wine out of my nose on that post. Sorry, been here for a while, just the thought of someone looking at a chart for a sub penny stock that has been in the grave for years and imagining what could be going through ones head when they see it cracks me up.
lol, who...err...why. Ugh. Not selling this at .03 taught me a lesson that has taken my trading to a level I never thought I would reach. Thanks for the reminder!
look at the chart I posted yesterday, trend continues, still nothing but ACCUMULATION happening right now.
He was at corporate, hes also on LinkedIn.
Carsmartt is hiring
https://www.refreshmiami.com/job/carsmartt-inc-miami-8-social-media-customer-experience-associate/
Also, I've reached out to Nick (new COO). I'll post here if I talk to him.
apparently in todays market, profitability doesnt really matter lol. Not saying they wont become profitable, but, if they manage to just keep increasing the number of users, the PPS will rise as well.
I took a ride, as a driver, with the app. Worked great, as expected.
got some minor upgrades today, that short may not be happy if the MSFT thing takes off. ALL MSFT field sellers are heavily focused on IoT plays right now. This has potential....
And answered questions/concerns around share structure and intent. They actually do what they commit to, which instills confidence and trust. Doing all the right things IMO. I will remain cautious, but if the next set of numbers show good growth.....I'll be invested. Right now I'm just a toe dipper with a measly 50k shares.
Pics are proof
Crsm https://ibb.co/syLFWd4
Define REAL.....functioning product, growth, generating revenue?
Juno was the 4th most popular rideshare app, and operates ONLY in New York. They got acquired for 200mil.
Juno
Close behind Via is Juno, which was acquired by Israel-based ride-hailing company Gett in 2017 for $200 million. Juno has retained its identity as a standalone app and remains a popular option in New York. Juno has branded itself as something of anti-Uber, saying that it charges its drivers lower commissions than rivals like Uber, which has struggled at times with driver protests and backlashes. Juno says it charges drivers commissions that are 30% to 40% lower than other ride-share services, hoping that will curry favor with consumers concerned about low wages in the industry.
That's funny. Nobody here would claim Carsmartt had any impact on Uber's IPO...or any impact on Uber or Lyft, period....YET. We might though. Already taking money out of their pockets (even if the amount us currently insignificant).
The first week of the app launch, I kept reloading the app because I didnt see ANY drivers on the roads and wasnt able to book a ride in any city. Fast forward to now, much different story. I've been watching the heat map every day, just keeps getting better.
I did test the functionality, turning on the driver mode (online) and having a friend book a ride with me. Everything worked as expected.
If anyone has any REAL, negative DD on the current management...I'd love to hear it. Better to be informed. This post does NOT qualify.
Top 25 list of BS is more like it.
Top 25 TRUTHS about CRSM (updated)
1) CRSM is broke - True per their filings. - They did tell us they were funding it themselves, out of pocket. I wouldnt expect them to collectively dump their life savings into the business account....thats just not the way it works.
2) CRSM's business plan of only charging 10% cannot succeed! True, but it will take a little time to prove it... while OBVIOUS it is simply too early to prove it with numbers because they haven't reported any. I wouldnt say its "OBVIOUS". You don't know their expenditures yet.
3) The company has filed a Form D to raise $1M by selling shares. - True They have also said, many times, that they will NOT be selling ANY shares in the near future. When was the form D filed? Have we seen any dilution? (hint, no we havent)
4) Insiders are not paid salaries - True per their filings. Um, this is a good thing. They believe in the company and are trying to build it with old fashioned hard work, with the understanding that they are on to something big and MIGHT see a pot of gold at the end of the rainbow?
5) The front page of their website has a HUGE banner trying to sell 25% discounted shares - True! Which they havent yet sold any. They have said on multiple accounts that they are waiting for a much higher share price before they sell these RESTRICTED shares.
6) All employees are working double duty promoting their shares on social media - True and obvious. Hrm, I haven't seen much share promotion...I have seen promotion of the app and service, which is good. Hell, I'm good with them promoting the ticker along with it.
7) The company did multiple paid promos on the last spike - True. Please show proof. I check the PnD lists for paid promos. pennystockstraders.com/pump-dump-list/ NO CRSM
8) The company is ridiculously overvalued at $50M+ - True by any objective valuation method. Quick, name a popular ticker that isn't extremely overvalued. The stock market is all about anticipation and future value. 50M market cap is nothing if they gain market share
9) Most startups fail in the first year - True Fine. Still some succeed.
10) There are dozens of larger ride sharing companies all better funded and years of operation under their belt - True Dozens? I don't care if 50 have failed, only takes one to get it right.
11) Uber & Lyft Drivers are NOT switching to CarSmartt, t
hey are just adding one more App. - True Thats all we need, and hope they do. Until there are more users, just having it installed and pulling it up once in a while is a GREAT start.
12) The audit and OTCQB claim are bullshit - True... wait for it. Audits are expensive, and they don't have enough beneficial shareholders to qualify for the OTCQB! How many beneficial shareholders do they have? I think they need 50. How much DD have you done on this?
13) CarSmartt Canada is fictional and never paid the company $1M! - Zero evidence that company is real and the financials show a $1M payment never happened! Still have to check this one.
14) The "background check" for drivers is highly suspect. - True! They simply can't afford to do it on all applicants. Probably just a check box asking if the driver has ever been convicted of a felony! Tell me how you know they arent doing it? My application sat at the background check phase for almost 4 days. They also announced a 3rd party they contracted with to perform the bg checks for them. I'm seriously doubting your intentions, and the accuracy of your statements.
15) They do not use blockchain and crypto to reduce their costs - True! Their crypto ICO crashed and burned! The ICO is still open. I have no idea how much that have or have not raised with it.
16) The float is only verified by company Tweets and they claimed it was unchanged. Now we see it is up by almost 1M! - True! Hrm, the TA has confirmed it as well.
17) The company claimed Miningboys was a huge success also, and they shuttered it just a few months later - True! I'm not concerned with MiningBoys. From my reading, they made a few bucks off it. It does often take many failures before realizing success.
18) This shell has STRONG ties to serial pink sheet scammers - True! Many shells do. The CEO of Carsmartt however, does not.
19) Their claims about a fleet of self-driving cars with Archer Robotics and Aitheon are false - both those companies are also highly suspect of being total scams! Yeah, this one actually holds water. Archer and Aithon both seem defunct. I would not expect this to come to fruition any time in the foreseeable future.
20) The YIELD sign was entirely due to company incompetence - True. Did they make a mistake, yes, but they FIXED it. They addressed it, and got it taken care of. Mistakes happen, I'm ok with it at this early juncture. The fact that they said they would fix it, kept us updated, and followed through speaks volumes.
21) Shorts don't exist here - True. Correct...why would you short this? The absence of shorts brings more strength to the story! Truth be told, short interested has decreased by 88% (but it wasnt much to begin with).
22) The Joker Group's makeup is a total mystery - True! Probably relates to #18! Cant really say its a total mystery, then speculate on what it is, then add it to a document of "truths".
23) The mysterious "Joker Group" owns 1M preferred shares of CRSM and they refuse to explain the conversion ratio to common! - True! Hrm, I'll do some DD on this. Have you asked the TA?
24) The company has failed to inform shareholders about material events - True! They closed Miningboys and never mentioned it! Again, I don't care about MiningBoys. I dont think anyone is here for that.
25) The claim that H. Wayne Hayes is not involved in CRSM anymore - BWAHAHA! You have proof otherwise? How is this a list of truths?
$CRSM
https://twitter.com/car_smartt
https://www.carsmartt.com/ and http://app.carsmartt.com
Looking to disrupt the rideshare market offering lower fees for rides and more commission to drivers. I've been in the stock for just a few weeks, but what I have seen so far has been positive. The TA has verified the OS/Float and they company has made many statements assuring shareholders that they will not dilute and that they are committed to growing the business.
The app went live a few weeks ago and has about 4000 users. They only made $1500 or so in the first week, but they were very transparent about it.
obviously tons of risk on the OTC, but so far they have delivered on everything they say they are going to do. I've seen the growth of users in the app myself. I have signed up as a driver. It took about a week for the background check and approval, but it did finally go through.
GLTA
Everyone should watch the presentation....freakin awesome!
https://event.on24.com/eventRegistration/EventLobbyServlet?target=lobby.jsp&eventid=2024782&sessionid=1&key=B4BBE62ED04C8BBEBF93A1EC4D173519&eventuserid=243553452
Sierra Wireless Appoints Jim Ryan Senior Vice President, Strategic Partner Growth
BUSINESS WIRE 7:00 AM ET 6/12/2019
Symbol Last Price Change
SWIR 12.33down 0 (0%)
QUOTES AS OF 04:00:00 PM ET 06/11/2019
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Sierra Wireless(SWIR) , the leading provider of fully integrated device-to-cloud solutions for the Internet of Things (IoT), today announced that Jim Ryan has been appointed Senior Vice President, Strategic Partner Growth, effective immediately. Mr. Ryan has more than 20 years of senior leadership experience in global telecoms and technology, including with large operators in the U.S. and Europe. Mr. Ryan will report directly to Kent Thexton, President and CEO.
“Jim brings strong experience building businesses within large carriers and early stage IoT environments,” said Mr. Thexton. “His focus on acquiring, aligning and maximizing the impact of our strategic partnerships in the Cloud, Analytics and System Integrator ecosystem is essential to delivering industry-leading IoT solutions.”
Mr. Ryan joins Sierra Wireless(SWIR) from Zipit Wireless, where he served as Vice President of IoT Products and Partnerships since 2017. Prior to that, he spent a decade helping numerous start-up and early stage SaaS companies capitalize on mobile ecosystem growth opportunities and held senior leadership positions with AT&T and Sprint in the U.S. and O2 in Europe.
Mr. Ryan earned his MBA from Indiana University and an undergraduate degree in Political Science and Economics from Binghamton University.
That was back when they ran the pilot, which was only in FL
$SWIR
News out today
https://www.businesswire.com/news/home/20190611005642/en/Sierra-Wireless-Announces-Strategic-Collaboration-Microsoft-Develop
Stock has been beat up, tons of upside potential on the longer term charts. MSFT collaboration should see some sales plays from MSFT.
https://investorshub.advfn.com/SIERRA-WIRELESS-INC-SWIR-15135/
OS is only 36mil
Sierra Wireless Collaborates With Microsoft to Develop Full-Stack IoT Solution; Shares Rise
BY MT Newswires
— 10:00 AM ET 06/11/2019
10:00 AM EDT, 06/11/2019 (MT Newswires) -- Sierra Wireless (SWIR) (SW.TO), a provider of fully integrated device-to-cloud solutions for the Internet of Things (IoT), said on Tuesday that it has set up a strategic collaboration with Microsoft to provide one of the industry's first full-stack IoT solutions. Sierra shares rose 4.4% in morning trading.
Sierra Wireless' (SWIR) new Octave edge data orchestration solution has been successfully connected with Microsoft Azure IoT Central, the company said in a statement. Once in production, the solution will simplify and accelerate the process of getting edge data to the cloud, enabling enterprises to achieve the value of IoT for the industry 4.0 world, the company added.
Sierra Wireless (SWIR) also said it will migrate its existing cloud infrastructure from AWS to utilize Azure's full complement of cloud services.
Azure IoT Central is a software-as-a-service (SaaS) solution that lets customers build and deploy production-grade IoT applications in hours without cloud computing experience or specialized skills, according to the statement.
Price: 13.01, Change: +0.55, Percent Change: +4.41
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
90-Day Avg. Vol.
306,387
Shares Outstanding 36,151,000
Market Capitalization $450.34M
Great news this morning on the collaboration with MSFT. Just need volume.
Uber p/e ratio is 2453% lol
I wasn't expecting much this early in the game. Nobody should be. Adoption takes time. If they keep on it, the big boys will notice and we become an acquisition target...
I'd call it a success. The first 10k users will be the hardest to get.
Kona Gold Solutions, Inc has Record Month in May with over $200,000 in Revenue
just out