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Strong day on the market all around. Crap just got more expensive
Bullish 8 pattern isn’t a thing
You said the same thing to me last week at .16... good thing I didn’t listen
GDSI used Rontan as well. I doubt they really wanted to buy a company on the verge of bankruptcy. They had no assets to turn things around...
GDSI used Rontan for a pump, Rontan used GDSI as a sweetener for a better deal, GDSI used Ronatan again for a lawsuit on a ridiculous case
LOL. Get out of here with your pointless bullshit.
The only thing you are looking at is a failure. You talking it up doesn’t change that fact. No revenue means no revenue. That’s not changing anytime soon. I’m a millennial too...
No thanks I don’t trust you
It’s not going to 1.2 while under Quarantine...
Then you use the indicator dyes... you test for both bacteria and viruses in a QA. Testing for viruses is even easier than applying the Petri dish augur to grow the bacterial cultures.
https://www.uofmhealth.org/health-library/hw235580
It’s short and simple. I’m sure they have a testing lab kit. Many companies sell them
You didn’t read the article then.... we can and have tested for virus and bacteria for years and it’s cheap and easy. Face the facts
Or you just use a Petri dish and indicator dye... it’s really not that hard. Plus the university of arizona is doing a full prevention diagnostic
How is slipping past quality control a faux statement? That’s the whole point of quality control... if they were actually testing the shrimp they would have seen the chemical dyes change color... hence they weren’t
How will they be profitable selling shrimp out of a quarantined facility? They have been testing the same batch for over 6 months. It takes me 7 days to test my samples. They aren’t testing a thing
Penny stocks at its finest. Company goes into quarantine and people pump because they see a “golden cross”. Too bad charts don’t work for penny stocks. It’s promotion, flip, on to the next one and the suckers are left to baghold
Why would a CEO retire before his creation makes a single dollar. He knows it’s a flop, feels bad and doesn’t want anything to do with it anymore. No other reason to give up so close to the “finish line”
It is a scam. Hence no revenue. Nobody cares about the tech if you can’t sell it. Simple as that. 0 money means 0 money and we all know how they are raising money to support their complete lack of sales
I worked for this company out of college. They generate 2.5B+ in revenue and basically own the market. Their marketing schemes are on point. They created a show called pool kings and swimming pools.com as silent advertising knowing they own the outdoor leisure sector.
You would think that Leslie pool supplies could compete but they were forced into the retail sector and forced to buy from POOLCORP. Many of my friends are still working for this company. This investment will be solid for years to come
We both know none of that matters until it actually makes money. I guess you own shares now...
1 year prediction 136.05
https://walletinvestor.com/stock-forecast/stmp-stock-prediction
I found More than 4 with just a google search. There is more than 4 in just the past 4 years on pacermonitor as well
Even if GDSI won, the Bolzan’s have a reputation for not paying up. They didn’t pay their employees, they didn’t pay their vendors, and they probably won’t pay GDSI. Anyone who has been sued knows that you don’t have to really pay a settlement, it only will affect your credit score. Well at this point there is no such thing as an international credit agency, so it will only affect their US purchases which probably will never happen.
BSF gets paid either way so they don’t care is GDSI can collect. I don’t think I care at all about the lawsuit anyways, the real challenge is collecting
It is a biohazard. It got past quality control, hence the shutdown
Too bad fair value is what the market is willing to pay for it. That is $59 not $13. Obvious short attempt
Shrimps harvest is guaranteed to have the virus though so that point is mynute. The whole point is they were shut down because they allowed the virus to get passed their quality control...
Sail where? That’s a bad analogy. Rolling in the deep. Roll tide roll
They can have the Rontan Florida branch. It’s worthless anyways. Besides, I’m sure the judge knows that GDSI is screwing Rontan. Fair trial won’t be 100% what GDSI is suing for.
“Less than diesel cars”. You don’t find diesel cars and most people don’t even care for diesel trucks because they are so loud.
I personally don’t care for electric cars either. They really are not all that great. Self driving? Now that’s a different story
The judge can surely see that GDSI is screwing Rontan. Everything that you said is not the fair outcome. I doubt that they will even win. Bill Delgado is a scumbag scammer involved with multiple pump and dumps
Regardless, it is clear who the scum party is and it is GDSI. It doesn’t take 160IQ to figure it out. Hiding a 15% break off fee when the normal is 1-3%. Claiming EBITA almost 12x when the company went Bankrupt and was bailed out. This company hasn’t done a sweat of hard work in years. It is hardly a company. More like a fat 500k paycheck to a CEO that has maybe 10% time allocation and no real business revenue in any of his stocks. A big ole LOL
If you are going to be watching the stock everyday then the right idea is to understand it’s going down and wait for a good reentry. It’s not like the majority hasn’t known it was going down for months now. Everything else is a pat on the back and a participation trophy that you have to buy for yourself
Go sell it to them then. I’m sure if they really wanted it they could have got it for the same crap deal.
Fools are the ones who won’t accept the argument. We are not wrong and you know it. Harm alarm is a flop. It didn’t sell for years at a higher price that he was willing to get rid of it for super cheap. Why? Because he knows it’s a dog
I think everyone knows it’s a dud. You don’t buy game changing aviation software for 50k. Aviation is a huge money maker and if nobody wanted it in the field then it’s worthless. GDSI trying to do “some” business just like they did with their (NACSV?) subsidiary. We all know that was also a dud. They left the revenue field blank. Didn’t even bother putting a 0
It’s only worth what someone is willing to pay for it. If nobody wants to buy it then it’s worth nothing. Basing the intrinsic value off that is bold
So Bill makes 587,000 a year from this stock. Yeah that makes sense especially with that revenue field left blank. SCAM
What an awful looking 10Q
What part of this deal says more than 100 million will be won?
The purchase price shall consist of a cash amount, a stock amount and an earn-out amount as follows: (i) Brazilian Real (“R”) $100 million (approximately US$26 million) to be paid by the Purchaser in equal monthly installments over a period of forty eight (48) months following the closing date; (ii) an aggregate of R$100 million (approximately US$26 million) in shares of the Purchaser’s common stock, valued at US$1.00 per share; and (iii) an earn-out payable within ten business days following receipt by the Purchaser of Rontan’s audited financial statements for the 12-months ended December 31, 2017, 2018 and 2019. The earn-out shall be equal to the product of (i) Rontan’s earnings before interest, taxes, depreciation and amortization (“EBITDA”) for the last 12 months, and (ii) twenty percent and is contingent upon Rontan’s EBITDA results for any earn-out period being at least 125% of Rontan’s EBITDA for the 12-months ended December 31, 2015. It is the intention of the parties that the stock amount will be used by Rontan to repay institutional debt outstanding as of the closing date.
26m cash, 26m in shares valued at $1, and a performance based contingency at 1.25x earn out EBITA. Seeing how anymoneyGDSI hasn’t proven to make, you can’t value contingency in a lawsuit. You don’t know that they would have hit the milestone. 26m shares valued at $1 lol
26m cash deal and people here are raving over 100+m lawsuit. Not happening. Good luck collecting
What is making them pay? If the Brazilian court said I owed some Brazilian penny stock 150m, why would I even care? I just wouldn’t go to Brazil. They have no jurisdiction. It’s not like BSF can go to the Brazilian court and force them to make them pay. Surely they have friends that are judges/ in government. 150 million is stupid considering the deal was only 26m cash anyways. I just do not believe you one bit Bill
Company is weak enough for all of us. Maybe they can just sue people for a living. They might be scumbags for screwing people over but hey, at least the do SOMETHING. Yawn... what a boring stock. Not even worth watching anymore. Bill Delgado will do what he does best anyways... nothing
“Past management” didn’t know that there were any employees other than Bill. Let’s see what they do...
1. Wait around, twiddle their thumbs and do nothing
2. Absolutely nothing
3. Buy companies when they have no money that are worth no money.
4. Did I mention they do nothing?
To think that Bill didn’t know what “past management” was up to considering he gave them their positions is Bill Schneider level of loco. There was no hard evidence to convict him, even though he should still be convicted....