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Waiting for Eights!
It’s been done to dtgi before. That’s exactly what I thought when I read it.
A lot of debt
That’ll be me at .12
.13’s are coming!
Price is up in anticipation of acquisition announcement, based on past history the price should drop back after the announcement; is it time to short and make a few bucks?
Art must’ve needed a little cash Thursday.
Yes, we could get up to .065
It’s a penny stock with lots of debt
My son sent me this
I’ve been looking at DTGIs financial statements. It looks like their expenses outweigh their revenue by about 30%. And the service on their debt burden is about half of that. They fund the difference by issuing equity. They have a pretty big hole to dig themselves out of and as long as their selling shares to keep operating I wouldn’t imagine their share price will increase.
Tax loss selling will end next week, expect a return to .06 - .07 range until new merger news.
You can expect a reverse split and you can expect it not to work, why would it, there is no interest in this stock.
No price movement until next acquisition then similar price movement as just seen.
On point! It’s a roll of the dice.
About time for Art to do a reverse split.
Is it not tax loss selling time? Should be a lot of sellers and price drop from now till January 1st
My friend I own stock and have owned since the 1990’s when they spun off globalscape and made it to the big board and hit $10/share, I was greedy then and unaware of dot com debacle; I’ve averaged down over the years.!’
My friend was doing his worker’s compensation audit the other day and the globalscape logo came up on the portal. He is not bullish on the stock and has less invested than I. I’m not going anywhere as it will not take much of a move for me to recoup, double that and I’ve parked my money in a good spot. Art wants to get on the big board again, but all businesses are tough to make successful. I was thinking we’d be up a bit on the merger news although I believe that is priced in because of the long delay, we’ll just have to see.
Great Buying Opportunity
Market cap and revenue are main factors, I think share price is secondary.
Look at cxdo, they were $.06/share when they uplisted, I tuink.
Then, I would suspect at $.50/share we would meet the NASDAQ requirements for listing on the exchange.
I understand, but profits, any idea? CDXO has 12.5% profit on 14 million in revenue; also they have 48,000 customers vs our to be 28,000 customers. Any notion of an uplisting, is that the next step?
I understand, but profits, any idea? CDXO has 12.5% profit on 14 million in revenue; also they have 48,000 customers vs our to be 28,000 customers. Any notion of an uplisting, is that the next step?
Are we expected to make a profit with the revenues from Nexology and the fourth acquisition?
What are your expectations when there is a news release confirming the execution of the purchase?
Acquisition is already priced in, it’ll be a long haul.
Don’t have your expectations too high
I heard that after the carve outs, we will emerge debt free with $75million in revenue (from the carve outs I presume) and be headed to the Amex. If that number is correct, then the two companies will sell for $600 million. This is just what I heard.
If Art is getting 14%, it would be nice for him to keep 9% for the company and give the shareholders 5%, I know its a dream.
My question is, and I can't get an answer, do we get money, a check, based on the number of shares we have, if there is a net profit?
4.7.2 Treatment. After payments as set forth in this Plan,
Reorganized Debtor, on behalf of Class 7 will receive Class 7’s 5% of
the remaining Surplus Net Sales Proceeds. Further, the Class 7
shareholders will retain their common stock in the Debtor and
therefore remain 100% of the shareholders of the Reorganized Debtor
Does this mean Art gets our money; or, does it mean he collects it for us and then disburses it to us?
Earlier POR documents indicated the common shares would get 5% of the net proceeds from the sale of assets, some indicated from $.50 to $1.50 per share.
Is this still the case; and, if so, do the common share holders get a check for that amount? Thanks.
Are we to assume Digerati emerges from the bankruptcy with Dishon and Hurley still part of the company?
It's time to buy more.