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Great post Torvec7. No OTHER reason for the volume shooting up as it did weeks ago IMO.
Dino
CEO & CFO Quote
"Solid Q3 results were a testament to Boqii's relentless efforts on execution and user engagement," said Mr. Hao Liang, Boqii's Founder, Chairman and Chief Executive Officer. "We continued to influence pet parents with an extensive and appealing selection of content and products, fostering stronger user bonding and stickiness. We endeavor to build a pet ecosystem that provides full lifecycle coverage and a seamlessly integrated online and offline channel that offers an unparalleled customer experience."
Ms. Yingzhi (Lisa) Tang, Boqii's Co-Founder, Co-CEO and CFO commented: "We had another strong quarter, generating solid operational and financial results. Total revenues grew 23.2% year over year to RMB312.9 million. Adjusted net loss improved significantly from RMB60.8 million in the same quarter of last fiscal year to RMB30.5 million. Notably, during the quarter we considerably improved our operating efficiency, manifested in lower fulfillment cost and reduced inventory turnover days. As a result, our adjusted net loss decreased by 49.8% year-on-year to RMB30.5 million. These results demonstrated our strong execution and potential to translate promising topline growth to profitability. Looking ahead, we will continue to drive rapid growth by expanding user reach and providing all-round user care. This will deliver differentiated growth by attracting high value customers in a large growing addressable market, thus further consolidating our position as an industry leader."
[1]EBITDA refers to net loss excluding income tax expenses, interest expense, interest income, depreciation and amortization expenses, but including all the professional expenses in relation to initial public offering. EBITDA is a Non-GAAP financial measurement. Please refer to "Non-GAAP financial measurement".
[2]GMV refers to gross merchandise volume, which is the total value of confirmed orders placed with us and sold through distribution model or drop shipping model where we act as a principal in the transaction regardless of whether the products are delivered or returned, calculated based on the listed prices of the ordered products without taking into consideration any discounts. The total GMV amount (i) includes GMV of products sold by Xingmu, (ii) excludes products sold through consignment model and (iii) excludes the value of services offered by us. GMV is subject to future adjustments (such as refunds) and represents only one measure of the Company's performance and should not be relied on as an indicator of our financial results, which depend on a variety of factors.
Fiscal Third Quarter Financial Results
Total revenues were RMB312.9 million (US$48.0 million), representing an increase of 23.2% from RMB254.1 million in the same quarter of fiscal year 2020. The increase was primarily due to the continued organic growth of our business.
BQ reports earnings before the bell March 3rd 2021.
Dino
BQ reports earnings before the bell March 2nd 2021, not 2-15-21.
Dino
At a risk of being a Dino downer. Not only is there no news to validate the increased price/volume, there is the negative news of a lawsuit.
Dino
It sure is curious eom...
No worries Zendo. I am more inclined to add to my position if there were something announced to justify this climb from .015.
Dino
Like many I would presume, I am stunned to see a 7 cent print here. That is the question who/why. I could only guess the pump royalties as a possibility.
Dino
Thank you Torvec7. But those shares were my low buys .015 thru .10 that I sold today at a breakeven. I am extremely happy for that because I have no idea why the share price and volume is up.
Dino
387,000 were shares that were sold by me today at an ave. cost of 6 cents.
Dino
BQ reports earnings 2-15-21
Another new high today.$12.30 close.
I was hoping by opening this board on 12-13-21, there would be some interest in BQ postings. Sold half my position today. I have made a ton on BQ.
Guess I have been talking to myself here.
Dino
Sold a little more at .045 ave per share of my .015's
Big Stick I am going to sell some of my .015 CRGS shares at the bid price .0318.
Dino
778,500 CRGS shares available
bid.03
CRGS
$0.03 0.00 (23.96%)
Bid/Ask
0.031 / 0.0395
B/A Size
10,000 X 10,000
Volume
97,512
On January 13th 2021, the day I opened this board, BQ share price was 6.21.
Boqii Holding Ltd is engaged in the business of selling pet products through online stores. The store provides pet foods, health products, pet grooming products, pet bathing products, pet toys, fish tank, aquatic fertilizer, temperature control equipment, oxygen pump, and other related products. Also, the company sells its products through offline channels to pet stores and hospitals.
Hi Sammy. Those large blocks at the bid are not mine. Someone believes there is money to be made percentage wise trading this level.
For now they are putting up a firewall at the very least.
Your friend always,
Dino
650,000 CRGS shares currently available at a bid of .0205.
Deleted my facebook account.
Will call Jim Donnelly for my updates on CRGS.
One million seventy five thousand nine hundred shares of CRGS offered at a bid of .018.
Tempting to take the bid price and park the $19,366.20 else where.
Dino
One million eighty eight thousand shares of CRGS offered at a bid of .018.
Dino
I made a buy trade of 100,000 shares at .015 this morning.
Poseidon Fluid Power, LLC (“Poseidon”) acquired the Aegis Assets pursuant to an Asset Purchase Agreement, between Poseidon and the Company, dated December 2, 2020 on an “as-is” basis (the “Agreement”). In addition, pursuant to the Technology Transfer & Assignment Agreement , between Poseidon and the Company, dated December 2, 2020 (the “TTAA”), for a ten year period from the date of the TTAA (the “Retainage Period”), Poseidon will pay the Company (i) 5% of all revenue received from the sale or lease of any products based upon or incorporating the Aegis Assets, and (ii) 15% of all licensing and royalty revenues associated with the Aegis Assets. In the event that Poseidon enters into any transaction or series of transactions involving any sale, transfer, assignment or other conveyance of all or any portion of the Aegis Assets (a “Sale Transaction”) within the Retainage Period, it will pay the Company net proceeds from the Sale Transaction as follows: 40% within the first twelve months of the TTAA, 20% within the three year period following the first anniversary of the TTAA, and 10% for years thereafter through the Retainage Period.
Parker Hannifin was not interested in buying the tech. Jim Donnelly was handed a s**t sandwich when he became CEO. In my opinion, more than likely this was the best that could be done. Best moving forward Jim.
Dino
You are not missing something. Revenue is dependent on someone buying something. Not meaning to be sarcastic, one may use this knowledge to buy hold or move along.....
Dino
Interesting opine...
"pump worth nothing"???????
Poseidon Fluid Power, LLC (“Poseidon”) acquired the Aegis Assets pursuant to an Asset Purchase Agreement, between Poseidon and the Company, dated December 2, 2020 on an “as-is” basis (the “Agreement”). In addition, pursuant to the Technology Transfer & Assignment Agreement , between Poseidon and the Company, dated December 2, 2020 (the “TTAA”), for a ten year period from the date of the TTAA (the “Retainage Period”), Poseidon will pay the Company (i) 5% of all revenue received from the sale or lease of any products based upon or incorporating the Aegis Assets, and (ii) 15% of all licensing and royalty revenues associated with the Aegis Assets. In the event that Poseidon enters into any transaction or series of transactions involving any sale, transfer, assignment or other conveyance of all or any portion of the Aegis Assets (a “Sale Transaction”) within the Retainage Period, it will pay the Company net proceeds from the Sale Transaction as follows: 40% within the first twelve months of the TTAA, 20% within the three year period following the first anniversary of the TTAA, and 10% for years thereafter through the Retainage Period.
Thank you for posting the link eom....
Terms of the transaction were not disclosed;
ROCHESTER, NEW YORK— (December 7, 2020) – CurAegis Technologies (OTC:CRGS) is pleased to announce the completion of the sale of its Aegis division assets to Poseidon Fluid Power, LLC. Included in the sale are the patents, trademarks, and other intellectual property as well as testing equipment, prototypes, and other fixed assets related to the Aegis division.
Poseidon Fluid Power acquired the assets of the Aegis division (formerly Torvec) pursuant to an Asset Purchase Agreement and Technology Transfer and Assignment Agreement dated December 3, 2020. Terms of the transaction were not disclosed; however, CurAegis will benefit from the successful commercialization of the Aegis assets via royalty payments for a period of ten years.
Jim Donnelly, President and CEO of CurAegis Technologies, stated “The strategic divestiture of the Aegis assets allows CurAegis to pivot our business strategy to focus our resources and efforts exclusively on delivering our innovative SaaS product, Cardian.io, to the rapidly growing mHealth market. We are confident that Poseidon has the right team to advance this technology and look forward to participating in that success consistent with the terms of the agreement.”
Mark Redding, President of Poseidon Systems and Managing Member of Poseidon Fluid Power added, “CurAegis, and its predecessor Torvec, have a long history of innovation in specialty industrial applications in Rochester. Poseidon Fluid Power is excited to leverage our expertise in delivering innovative products to commercialize this platform globally while creating jobs here in Rochester, NY."
On December 2, 2020, CurAegis Technologies, Inc. (the “Company”) completed the sale of its Aegis division assets, including its hydraulic testing equipment, prototypes, and other fixed assets as well as intellectual property, including patents, trademarks, and trade secrets relating to the Aegis division business (the “Aegis Assets”).
Poseidon Fluid Power, LLC (“Poseidon”) acquired the Aegis Assets pursuant to an Asset Purchase Agreement, between Poseidon and the Company, dated December 2, 2020 on an “as-is” basis (the “Agreement”). In addition, pursuant to the Technology Transfer & Assignment Agreement , between Poseidon and the Company, dated December 2, 2020 (the “TTAA”), for a ten year period from the date of the TTAA (the “Retainage Period”), Poseidon will pay the Company (i) 5% of all revenue received from the sale or lease of any products based upon or incorporating the Aegis Assets, and (ii) 15% of all licensing and royalty revenues associated with the Aegis Assets. In the event that Poseidon enters into any transaction or series of transactions involving any sale, transfer, assignment or other conveyance of all or any portion of the Aegis Assets (a “Sale Transaction”) within the Retainage Period, it will pay the Company net proceeds from the Sale Transaction as follows: 40% within the first twelve months of the TTAA, 20% within the three year period following the first anniversary of the TTAA, and 10% for years thereafter through the Retainage Period.
On December 7, 2020, the Company issued a press release announcing that it had completed the sale of the Aegis Assets.
Perhaps they have caller ID. CRGS may or may not succeed, but IMO they are not currently "running a scam."
Dino
Why? eom...
My understanding is that legal would have intervened on the CEO plan.
("I plan on providing these video updates every week or ten days")
Costly to put out weekly 8-k and legally messy to provide shareholders with information on a weekly basis without 8-k.
Who is the dope (question mark) who bought the 100,000 block at close?
Dino
My experiences with Kathleen Browne concerning CRGS were very positive.
She conducted herself in a professional and honest manner representing CRGS.
Dino
Comparatively lower trading volume in CRGS today.
I missed joining in the CRGS Discussion here. I was prompted to re-log into I-hub one day and I could not remember or find my password.
I found it just now.
I remain,
Your friend always,
Dino
Every CRGS shareholder is or should be, for the lack of a better word, angry with the way this is playing out IMO.
Dino
You can buy hold or sell or start a lawsuit yourself against CRSG. Pointing one finger at fellow shareholder while 4 are pointed at you
is "simple minded or has no brain of their own."
Dino
Only a shareholder, no ability to translate the CRGS CEO post "into sales and SHAREHOLDER VALUE". I do have the capability to buy/sell or hold. But certainly thank you for your reply to my mailbox.
Dino
COVID-19 impacts lives of myCadian users
April 24, 2020
As the world grapples with the COVID-19 pandemic, we found that individuals are more restless, sleeping longer, and are far less active.
Our company’s engineering team analyzed anonymous data shared by users of our myCadian app over a 60-day period, from early February to late March. The results were staggering.
On a month over month basis, the average user is sleeping 5 percent longer but is growing increasingly restless. When analyzing aggregate sleep patterns, our team found that restlessness had increased by 25 percent, with the average user waking up more than four times each night mid-sleep. As a result, average Cura scores—calculated from smartphone health data to assess a user's alertness levels—fell by more than 6 percent during this period.
Combining this with a rapid decline in average activity, which plunged by 29 percent from February to March, the impact of COVID-19 is widespread and increasingly apparent among all individuals, not just those who contract the virus.
I agree if he said he was going to release a series of videos every week or 10 days, do it. Or don't say it to begin with.
Dino