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The company stated they would update on when the R/S will happen. So I highly doubt they just up and spring it on us. I think we hear something early next week about when it will happen. If they announce approval with the split, this thing could easily shoot up to .20-.30 range if not a lot higher do to the very tight float. We shall see what happens.
Good Friday after hours PR would be really nice for Monday!
wellll, this is interesting.
feel free to post it, you have way more followers than I do and could prolly get the word out a little better.
The misprint is in the 5:1 part. It should have read 1:5. The company agreed upon this in June per the last 10-Q that was issued.
One thing to remember: A 1:5 split is very small compared to any other penny stock splits out there.
Two: If this stock were to rapidly fall before the reverse split, lets say .05 then the reverse split would only get the price back to .25. With that being said the point of a reverse split would have been pointless.
Three: The company as stated in today's PR will release an 8-K with further information about the Reverse Split. Only then will we really know exactly what is going to happen.
Four: The R/S to me is only insurance in case the investors wanted to convert their preferred shares. Which if they did they would own nearly half of the O/S and I seriously doubt they would sell to tank the company they invested in.
Everyone sees R/S and immediately things oh god this is terrible and wants to jump ship. My thoughts are that you will see a sell-off in the morning just because people read the words R/S. The PPS will recover and more than likely hover in the .08-.10 range til more news is released in the coming weeks.
Trade it how you will. I just don't see this company not succeeding in the long run. GLTA
Wouldn't want to be caught without shares when that FDA approval comes through!
I have to give you credit Dr. P. You have been killing it!
If we get a block buy at .10 this thing is off to the races!
The tweet was old news from August 15th from what I saw. It wasn't anything new they was not already disclosed.
All the pumpers on the board must have sold and moved on. kinda dead now.
If I could predict that, I wouldn't need to be playing the stock market. I would have hit the lottery by now. Personally I would guess EOY at the very latest. Thinking more like EOM-OCT.
FDA Approval will come here. Question is, can you be patient enough to hold for it and make money? I can!
I love Ask walls! They benefit the stock and everyone in it so well! *enter sarcasm here*
Good Lord! I'm call this one Olive Oil as thin as it is.
Power hour could be really fun!
FDA Approval will come here. It's just a matter of time. I will wait until it does. tired of putting money into all this shit pink stocks just for them to crash on my head. If this one crashes at least its a legit company. GLTA
smacked it at .106, it can sit and do what it wants for all I care. I will hold it for a year and maybe it will eventually climb back to where it was. If not oh well.
its not the MMS swinging the ask. It's retail traders. I swung it 5 or 6 times myself trying to get my shares out at the ask.
Wish I had go out this morning in the 6s. Big POS costed me a shitload of money!
There is no games. A bunch of people pumped it and f**ked all the little guys who bought it.
Can't even get back to 5's cause nobody will hit the ask, how is it gunna get to .0075?
I have no faith whatsoever. Looking like a huge pump and dump. The Volumed is crap and nobody has hit the ask hardly any today. Everybody slowly dropping their shares out.
I bought the POS at .007! needs to move its ass north.
somebody has to smack the ask for it to move. only 50k there and nobody will touch it.
Everyone can trade how they fill. I am a simple investor that has no influence on anybody on this board i'm sure. I'm not one of the Gold star traders so nobody will take my opinions for anything. I try to post to give out information when I have it. I'm sorry that you did not like what I posted. Only trying to help and share all info that I receive. GLTY
Drio did not go per the e-mail response as they had prior obligations.
I never said that it did. Again, I think this is still a great company. Just wanted to post the e-mail so everyone could see. I don't care about stocks going lower to get in. I hardly ever buy when stocks are going down because I don't like the risk. Would rather buy when stocks are going up, that way most of the time your guaranteed some profit. GLTY Btown, wish you all the best.
I agree, I think they are the perfect candidate. I just wanted to protect profits until some type of news came out. Not bashing the stock. Wanted to post so everyone could see. Sorry if some didn't like it. Only trying to get all possible information out there.
That is the exact e-mail word for word. I only took my name and e-mail address out. I don't make things up. Just wanted to post the facts that I received as I believe everyone should have knowledge of it not just me. As I stated, I do like this company. I just posted the e-mail because I said I would. Everyone can take from it what they will. GTLY and all.
RE: FDA Approval?
RE: FDA Approval
Gadi Levin Add to contacts 10:39 AM Keep this message at the top of your inbox
To:
gadi@Mydario.com
Ryan,
As you know, we filed with the FDA in late December 2013 and have been working with them since then. We have nothing material to report, yet, and as soon as we do, we will update investors.
I can’t comment on what dilution, if any, will take place after September 22. I can only refer you to our public disclosure regarding the funds we have.
We have stated in the past that we would like to up list to a national exchange, and this still remains one of our goals.
Do to other commitments, we did not attend the R&R conference, but as soon as we have some material information to release, we will release it.
Regarding a potential acquirer, we are always looking for potential partners to create value for the company.
I hope this helps, but please understand that we are limited in what we can say via email.
Thanks
From:
Sent: Thursday, September 11, 2014 1:17 AM
To: Gadi Levin
Subject: FDA Approval
Hi Gadi,
I just wanted to send this e-mail to ask a few question regarding DRIO.
I'm sure you have been asked this question many many times, but is there any update on the FDA approval process?
Are their any plans of the company adding any dilution after September 22nd when they are technically allowed to do so again?
Are their any plans of the company trying to up list the stock to the NASDAQ or NYSE?
When will we here how the R & R conference went on September 9th and 10th regarding DRIO?
Lastly, is their any chance that DRIO could be acquired by one of the big board stocks?
I apologize for the numerous questions, and any information you could provide would be greatly appreciated! Thank you again in advance for your time!
~Ryan~
************************************************************************************
I think the company has a great plan and outlook going forward. I just didn't like the fact that they didn't attend the R & R conference. IMO I was thinking it went a little lower before the bounce without that R & R conference as a catalyst now. Thats the only reason I got out. My eyes will be watching like a hawk for re-entry and I don't mind smacking the ask on the run back up. GLTA
E-MailHere is the e-mail I sent and received from the Dario IR:
My e-mail:
Hi Gadi,
I just wanted to send this e-mail to ask a few question regarding DRIO.
I'm sure you have been asked this question many many times, but is there any update on the FDA approval process?
Are their any plans of the company adding any dilution after September 22nd when they are technically allowed to do so again?
Are their any plans of the company trying to up list the stock to the NASDAQ or NYSE?
When will we here how the R & R conference went on September 9th and 10th regarding DRIO?
Lastly, is their any chance that DRIO could be acquired by one of the big board stocks?
I apologize for the numerous questions, and any information you could provide would be greatly appreciated! Thank you again in advance for your time!
Their Reply:
Ryan,
As you know, we filed with the FDA in late December 2013 and have been working with them since then. We have nothing material to report, yet, and as soon as we do, we will update investors.
I can’t comment on what dilution, if any, will take place after September 22. I can only refer you to our public disclosure regarding the funds we have.
We have stated in the past that we would like to up list to a national exchange, and this still remains one of our goals.
Do to other commitments, we did not attend the R&R conference, but as soon as we have some material information to release, we will release it.
Regarding a potential acquirer, we are always looking for potential partners to create value for the company.
I hope this helps, but please understand that we are limited in what we can say via email.
Thanks
I'm out for now, GLTYA
I have sent IR an e-mail with a few questions I had about the stock. They have been timely on e-mailing me back, so as soon as I receive their reply I will post for the board.
All I see is GREEN and a Great .16 close!. See you all tomar!
bids creeping up, somebody wants this to move today.
very nice bid support.
bye bye 348k block!
Quick question if anybody has an answer. With no PM or AH trading on DRIO, How are shares bought before market open?
Because it is going to happen! Lol no, I have no idea why its stickied. My price target came from the elliot wave analysis. you had Wave 1 go from .05-.138. Wave 2 went from .138-.093. Wave 3 went from .093-.1875. Wave 4 went from .1875-.1395. Seeing as how Wave 5 normally has a similar run as Wave 1 which was .088 cents, adding that to the low of yesterday will give you .2275. That is where my number came from.
This will see .22-.23 by Friday. Trade how you will but that's where it will be.