Trying to do better each day. Hoping for the best
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Bid/Ask .0124 this morning
I wouldn't say that, there has been many stocks on the OTC that had multiple times more outstanding shares that has made substantial runs with less to offer.....for example DPLS had over 5x and ran over .20.... anything is possible in the OTC
Come on...give us a run that can't be stopped....GLTA
Hope you are extremely wrong on BYOC for the 2nd time, if you know what I mean....GLTA
I'm not really a scholar of all the filings and how everything works. My guess would be that it will but 2.67 mil each month is nothing to be concerned about and if they do decide to take them, that should be a positive view imo....GLTA
The 50 dma held at .0081 and buying picked us back up for now
I hear you loud and clear.. If he were to buy 100mil at a penny, it should certainly put a floor under the share price. Hated to see us trade under.009 today...next support at .008 area give or take a tick.....hopefully it will hold there if it does test it....GLTA
He hasn't bought 100 million shares. He has options to buy 100 million at .01 starting in July in equal amounts for 36 months....100,000,000 divided by 36 = 2,777,777.77 shares each month
Yes and that's only once a month and if he decides to take them
2,777,777 shares per month at .01 for 36 months is the options granted
No sir, not a clue.
Don't know that much about it but probably good if any share holder wants to purchase preferred shares
https://www.otcmarkets.com/filing/html?id=16725322&guid=PVT-kaYXGU62B3h
On June 6, 2023, AiAdvertising, Inc. (the “Company”) entered into the Rights Agreement (the “Rights Agreement”), by and between the Company and Worldwide Stock Transfer, LLC, as Rights Agent, substantially in the form previously attached as an exhibit to the Securities Purchase Agreement filed as Exhibit No. 10.1 to the Company’s Current Report on Form 8-K filed on April 11, 2023. The Rights Agent currently serves as the Company’s transfer agent with respect to the Company’s common stock and also has been appointed transfer agent with respect to the Series J Junior Participating Preferred Stock, par value $0.001 per share (each, a “Preferred Share” and collectively, the “Preferred Shares”), if any, that may be issued pursuant to the exercise of rights under the Rights Agreement.
Pursuant to the Rights Agreement, the Board declared a dividend distribution of one right (a “Right”) to purchase one ten-thousandth of one share of our newly designated Preferred Shares for each outstanding share of common stock, par value $0.001 per share, held by the shareholders of the Company at the close of business on June 7, 2023 (the “Record Date”). Holders of the Company’s warrants and certain of its existing preferred stock as of the Record Date were also issued one Right for each share of common stock that such holders would be entitled to receive upon full exercise or conversion of their warrants or existing preferred stock, as applicable.
AIAD adds 2 more to board of directors
Recent $5 Million Strategic Investment from Hexagon Partners Brings New Leadership and Experience to AiAdvertising
SAN ANTONIO --(BUSINESS WIRE)-- AiAdvertising, Inc. (OTC: AIAD), a next-generation AdTech company focused on harnessing the power of artificial intelligence (AI) and machine learning (ML) for today's marketing leaders, has appointed independent directors James B. Renacci and Thomas O. Hicks , Jr. to the Board of Directors. In conjunction with the appointments of Messrs. Renacci and Hicks, Jr., Rosie O’Meara will be stepping down from the Board of Directors to focus on her role as Chief Revenue Officer for Ground Truth, Inc.
James B. Renacci is the Founder and President of LTC Management Services, Inc. , a management and financial services consulting services company since 1985. With more than 30 years of experience in leadership of multiple businesses, Mr. Renacci’s business experience includes manufacturing, healthcare, construction, entertainment, and CPA consulting services. He also has in-depth knowledge of mergers and acquisitions. Mr. Renacci represented the 16th District of the State of Ohio in the United States House of Representatives from 2011 until 2019 where he served on the Ways and Means, Budget, and Financial Services Committees. Prior to serving in Congress , Mr. Renacci owned and operated more than 60 businesses, including multiple auto dealerships, nursing facilities, sports and entertainment businesses, and a CPA firm. From 2003 to 2008, Mr. Renacci served as a managing board member of the Arena Football League . From 2020 to 2022, Mr. Renacci served as a board member of publicly traded Hill International Inc. and as the Audit Committee Chairman. Mr. Renacci is a current board member at publicly traded Alithya Group, Inc., Custom Glass, Inc. and the Franklin Center for Global Policy Exchange . Mr. Renacci is a Certified Public Accountant and holds a Bachelor’s Degree in Business Administration from Indiana University of Pennsylvania .
Thomas O. Hicks , Jr is a founder, chairman and CEO of 90 Degree North Holdings LCC, an investment and advisory firm, and a co-founder of Sempre, Inc. , a global provider of physical and cyber protection for critical infrastructure. He is a current board member of Drilling Tools International, Inc. , a leading provider of downhole drilling tools to the international land and offshore markets, which recently announced a merger with a publicly traded ROC Energy Acquisition Corporation, LLC . From 2005 through 2019, Mr. Hicks was a partner of Hicks Holdings LLC , a family investment firm, focusing on equity investments in media, technology, consumer brands, manufacturing and energy. Prior to that, he was an analyst at Greenhill & Co, LLC , a New York -based advisory and investment firm. He previously served on the boards of Resolute Energy Corporation , Carol’s Daughter Holdings , Berkshire Resources LLC , Standard Industrial Manufacturing Partners LTD , and Sight Sciences, Inc. Mr. Hicks was on the national board of the American Enterprise Institute’s Enterprise Club and was a founding member for its Dallas chapter in 2014. He served as Chapter Chair of Young Presidents Organization’s Dallas Chapter in 2013-14. Mr. Hicks was Chairman of Big Brothers Big Sisters North Texas Campaign for Children in Crisis in 2006-2010, successfully raising over $35 million to support mentoring for children in Dallas Fort Worth . Mr. Hicks served on the board of Big Brothers Big Sisters of North Texas from 2006 through 2011, and the board of the SM Wright Foundation , organized to engage with the citizens in the Fair Park area of Dallas from 2005-2008. Mr. Hicks , a former Golden Gloves boxer, graduated from the University of Texas at Austin in 2001.
“We are privileged to welcome two new members with such prestigious and diverse backgrounds to AiAdvertising’s Board,” said Jerry Hug , CEO of AiAdvertising . “James is an experienced businesses executive who we anticipate will help us expand the breadth and depth of our reach as a Company, positioning us to scale our platform as we enter the next phase of growth and create additional value for our shareholders. Thomas brings valuable experience and insights into technology, finance and the capital markets and will assist in delivering additional technology services and strategic relationships to a growing trend of businesses nationwide that embrace foundational American values and self-governance principles such as freedom, faith, and equality. Together, they will add to the exceptional team that we have elected to guide us forward and build momentum for our business. We would also like to thank Rosie O’Meara for her diligent service as a valued board member since 2021 and wish her the best in all her future endeavors.”
With serious volume, yes imo...GLTA
AiAdvertising Reports Fiscal Year 2022 Financial Results
https://www.otcmarkets.com/stock/AIAD/news/story?e&id=2531630
High Wire Reports Record First Quarter 2023 Revenue up 91% to $10.2 Million
https://www.otcmarkets.com/stock/HWNI/news/High-Wire-Reports-Record-First-Quarter-2023-Revenue-up-91-to-102-Million?id=401301
What market are you looking at if you think the OTC is dead....GLTU
I saw your comment on the other
You still holding any here or waiting for lower? GLTU
2022 Revenue of $6.7 Million driven by New Customer Agreements and SaaS Platform Solution
Platform License Revenues Increased 598% from 2021 to 2022
SAN ANTONIO --(BUSINESS WIRE)-- AiAdvertising, Inc. (OTC: AIAD), a next-generation AdTech company focused on harnessing the power of artificial intelligence (AI) and machine learning (ML) to eliminate waste and maximize the return on digital ad spend, has reported its financial and operational results for the year ended December 31, 2022 .
Key Fourth Quarter and Subsequent 2023 Highlights and Business Update
Revenue for FY 2022 was $6.7 million , a decrease of 2% from $6.9 million in FY 2022
Platform License (SaaS) revenues for the year ended December 31, 2022 , increased by 598% to $0.6 million .
Received a $5.0 million equity investment to fuel the next phase of growth, including further development of AiAdvertising’s Campaign Performance Platform and to create a new focus area serving customers valuing founding American principles.
John Small joined the Company as Chief Financial Officer, bringing over 30 years of financial experience with a focus on strategy & operations, mergers & acquisitions, business development, and raising capital.
Became the first to uncover ChatGPT’s commercial applications in AdTech, leveraging its PersonaAI signals and insights to power automated ChatGPT, enabling the PersonaAI to become more informative and more targeted.
Management Commentary
“2022 was a transitional year as we continued to make significant progress from operating as an agency with inconsistent and unpredictable revenue to a SaaS platform solution with scalable and predictable, monthly recurring revenue,” said Jerry Hug , Chairman and CEO of AiAdvertising . “Revenue for the year underscored this transition with several platform license agreements that increased platform license revenues by 598% to $0.6 million .
“We believe AiAdvertising can continue to scale our platform with direct-to-consumer brands that are looking to deploy large budgets at scale without having to add headcount. We are seeing growing demand for our Campaign Performance Platform (CPP) as the industry is beginning to shift toward solutions leveraging AI. In fact, we were the first to recently begin leveraging PersonaAI and ChatGPT to allow our clients to remove unconscious bias in marketing and messaging, creating a more accurate and efficient customer-based solution.
“Operationally, we were privileged to recently welcome John Small as our Chief Financial Officer, a C-Suite executive and capital markets industry veteran who will oversee our finances as we enter the next phase of growth. John brings over 30 years of financial experience with a focus on strategy & operations, mergers & acquisitions, business development, and raising capital. John has quickly come up to speed and been immediately impactful with our interim CFO leaving the Company during the year-end audit. While we regret the delayed filing of our year-end 10-K report and the delay in filing our first-quarter 10-Q report, we have completed our audit and will work diligently to get back into compliance. We expect a normal cadence of financial reporting commencing in the second quarter with John’s leadership.
“Looking ahead, with our recent strategic investment of $5.0 million from Hexagon Partners , we are well positioned for further development of our CPP and to leverage artificial intelligence and machine learning to develop a comprehensive solution that marketers can come to rely on. We are also planning to deliver additional technology services and strategic relationships to a growing trend of businesses nationwide that embrace foundational American values and self-governance principles such as freedom, faith, and equality. We look forward to additional updates in the months to come as we build on our position as a leader in applying AI and ML technologies to marketing and advertising solutions to deliver superior results to our clients, and long-term value for our shareholders,” concluded Hug.
FY 2022 Financial Results
Revenue for the year ended December 31, 2022 , and 2021 was $6.7 million and $6.8 , respectively, a decrease of 2%. The decrease was primarily due to the sale of the Company’s non-core web hosting business and a pivot of focus from professional services to SaaS revenue generated by the Campaign Performance Platform. The Platform License segment revenues for the year ended December 31, 2022 , increased by 598% to $0.6 million from the prior year.
Total operating expenses for the year ended December 31, 2022 , were $8.0 million , compared to $8.9 million in the prior year.
Operating activities for continuing operations used $4.9 million in net cash for the year ended December 31, 2022 , compared to $5.0 million for the year ended December 31, 2021 .
Net loss for the year ended December 31, 2022 was $8.5 million , as compared to a net loss of $8.5 million in 2021. Net loss decreased slightly in 2022 as compared to 2021 primarily due to an employee retention credit received during the year ended December 31, 2022 , and an increase in SaaS revenue partially offset by SG&A and stock option expenses.
Cash and cash equivalents totaled $0.1 million at December 31, 2022 , as compared to $3.4 million at December 31, 2021 .
John Small , Chief Financial Officer of AiAdvertising , added, “As of May 16, 2023 , we believe that our existing cash, together with the recent strategic investment of $5.0 million from Hexagon Partners , the $0.4 million in short term receivables, and $9.2 million that currently remains available under our $10.0 million Equity Line of Credit with GHS Investments LLC (“GHS”), will be sufficient to meet our anticipated capital requirements to fund planned operations.”
https://ih.advfn.com/stock-market/USOTC/aiadvertising-pk-AIAD/stock-news/91083710/annual-report-10-k
Here is when it changed but it was 2 billion not 5 unless it was 5 on 3/17/2023, I didn't screen shot that date
AIAD SECURITY DETAILS
Share Structure
Market Cap
6,280,979
03/10/2023
Authorized Shares
2,000,000,000
03/10/2023
Outstanding Shares
1,281,832,433
03/10/2023
Restricted
132,801,429
03/10/2023
Unrestricted
1,149,031,004
03/10/2023
Held at DTC
1,124,332,033
03/10/2023
Float
865,223,000
05/10/2021
AIAD SECURITY DETAILS
Share Structure
Market Cap
5,723,979
03/24/2023
Authorized Shares
10,000,000,000
03/24/2023
Outstanding Shares
1,315,857,196
03/24/2023
Restricted
132,801,429
03/24/2023
Unrestricted
1,183,055,767
03/24/2023
Held at DTC
1,158,356,796
03/24/2023
Float
865,223,000
05/10/2021
Thanks for reply. Hope vacation was great.
Wishful thinking.....
Hello my friend, if you get a chance would you mind looking at NUE again at current level and give me your analysis. Higher from here or lower? Thanks in advance. Hope all is well with the Warfare family
I bought more right before the split.
I actually bought some because of you, my friend. You better know your stuff lol
Looks like ask has moved up some today, still not back to $2.....GLTA
Ok, thanks.... I don't have much ....GLTU as well
I haven't been keeping up, you still here divesting
And then someone sells them all
Huge bid over 173k at .165
now 156K at .168
A comment from Warfare on AIAD...... he says AIAD is
one of the best plays in the whole otc, mainly due to ownership in knowing how to treat their retail investors. Always an opportunity to make $ if you're patient
Thanks for the reply, my friend. Patience still pays whether its buying or selling....GLTU
Hey War .0025 bid I guess....any thoughts on move starting on A**D
Sitting right on the 20 weekly candle and 50 is just above at .0069. Should be strong if we can get continued volume especially if we get more good news....GLTA
Looking good so far. This could be the beginning of something substantial instead of just a trading opportunity....GLTA
I'm ready....GLTA
NEW YORK , April 13, 2023 (GLOBE NEWSWIRE) -- American-listed company Brookmount Gold ( Brookmount Explorations, Inc. ) (OTC: BMXI) (BMXI.US) a gold mining Company operating in North America and Asia , announced yesterday the acquisition of 70% of a gold mining operation located in the Atlin Gold Belt, in Canada’s North Western British Columbia
Probably because it was a holiday
Picked up a few more today to round out my number. Wish I had as many here as you know where...GLTU