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I'm glad to see it didn't cause a reaction. However, Q1 is not really relevant now, except for reporting requirements. It was pre-settlement and that world is gone. IMO Q2,Q3 and Q4 will get progressively more interest.
I have. "It's a Pink sheet stock", "It's too good to be true." Repeat ad nausem.
Funny thing, the biggest objector refused advice to buy Amazon, Tesla, and Netflix when they went public. I take that as a good sign that NetList will be making me very happy.
NetList has a poison pill in place for hostile takeovers, but if someone offered me $50.00 a share I wouldn't consider that hostile. I'd consider it downright friendly. JMO. I know others may want lots more, but $50.00 a share would do nicely for me.
Question: Don't the auditors comment only on the company as it is at that moment? As such they don't take into account anything but strictly what is in the 10-K. Nothing forward looking, nothing planned, nothing under negotiation. Only what is in the report. A snapshot in time.
"SK is helping NetList go after a rival."
That's an unwritten benefit of settling first and, in this case, acquiring a partner. SKH certainly knows that NetList has a case and they can't, for a moment, doubt their tenacity.
Exactly. They play a gross numbers game. For every million dollar winner there are multi million losers. They're not particularly bothered by the occasional winner. They need them, in fact. Nobody would play if there weren't big winners.
I think we have a big winner.
The MMs are like Vegas casinos. The house always wins in the end. The occasional losses are nowhere near enough to disturb the profits.
oh well. Everything in good time.
That's good because they do need help with their PRs. The pre-PRs that they put out are severely diluting the effect of the news in their real PRs. It leaves the impression of never having any real, new news. People just get the good news via osmosis and the real PR doesn't tell them anything they didn't already know, so there is no excitement.
Absolutely nothing is an attention getting, pleasant, surprise with the way they handle PRs now.
I understand they want transparency,and that's a good thing, but there needs to be a line.
A little while back I sold a stinker and put what it brought into IQSTEL. It has since gone sub penny and I have no regrets.
I also sold one that was doing very well. Turns out I sold at a really good time as it has now sunk to half the price I sold it for. Stinker averted with that one. Again, no regrets. Neither had the great points that IQSTEL has.
Hopefully, I can take the one loss as an offset to some profits.
At this point I only have IQSTEL and one other stock. It's an equally strong contender for major profit and I refuse to put all my eggs into one basket even when that basket looks as good as iQSTEL.
I found this to be really interesting. It's a lot of reading, but also a lot of information.
Staff Report on Algorithmic Trading in U.S. Capital Markets
https://www.sec.gov/files/Algo_Trading_Report_2020.pdf
"Broadly speaking, studies have shown that algorithmic trading in equities has improved many measures of market quality and liquidity provision during normal market conditions, though other studies have also shown that some types of algorithmic trading may exacerbate periods of unusual market stress or volatility."
"Wholesale market-makers can frequently provide retail orders with some degree of price improvement, meaning they can execute the orders inside the spread of the national best bid and national best offer."
Message received. Thank you.
No. To get to OTC QB minimum price is .01 and they have said no R/S.
Nasdaq will come sometime after QB. No worries.
"My assumption is that when Google comes out of intervening rights with a positive ruling..."
That's a big assumption. Why do you assume Google is getting a positive ruling?
"Google has a clear path to "win"..."
Again, Why do you think that? You've said yourself you don't know. Why post like Google's "win" is a sure thing? If intervening rights was such a clear cut thing why wasn't it negotiated a long time ago?
Not to mention that they've flat out said that they have no intention to R/S.
Wholeheartedly agree. The clock is already ticking. QB will give a whole different level of investors access to us. They will definitely be happy with the thorough audit, the numbers and the plans.
That is still amazingly low for a pink, and quite good for a company when they uplist. IMO this is a cheap way to get out of debt and well worth it.
Give it time. This has always been a long play. Obviously, longer than most people who play in the pinks are used to. Money is coming in, expenses associated with the older parts of the business are improved. Newer areas are what need work with profitability but that is normal and will come. Management has done well, so far, and there is no reason IMO to doubt their ability to keep it up. This company is a work in progress.
It's people who want a company to mature like Jack's beanstalk. They want to sell after a few months and tell everyone how fast they made big money. Not true longs.
I'm personally good with the risk because if NLST didn't get another settlement, with anyone, I'd be good with the potential, from the SK settlement, for long term gains. I'm in this as a multi-year investment.
Nothing but a savings account in a bank is risk free. Each person must make their own decisions based on their tolerance for risk, and if your tolerance is exceeded here then I respect that.
GLTA
I agree that there isn't going to be much permanent movement up until Google settles. No matter how lucrative the settlements, it's like none of the other companies matter, to most people. I don't understand that mentality, but it exists.
Google doesn't have anything to offer NetList but money, so they will delay paying as long as possible. Interest accruing on any payout amount is going to them until they hand it over.
To date, nothing has ultimately gone in Google's favor. Getting caught blatantly lying to a judge doesn't help. I don't really see that changing.
As for Intervening rights:
"Equitable" Intervening rights, those are determined “under such terms as the court deems equitable for the protection of investments made or business commenced.” Even a billion dollar settlement isn't going to make a company the size of Google blink, much less harm their "investments made or business commenced".
"Absolute" intervening rights provide an accused infringer with the right to use or sell a product that was made, used, or purchased before the grant of the reexamination certificate, as long as such activity did not infringe a claim of the reexamined patent that was in the original patent." I am not an attorney but I think the chances of an intervening rights case is slim, at best.
https://www.jdsupra.com/legalnews/absolute-intervening-rights-a-silver-43718/
That explains a great deal. This is so wrong.
Then we should end the week on a high note and, hopefully, a high share price.
Enough to pay off my mortgage, get an automobile that doesn't have to be new or flashy, just reliable, and give my retirement account a nice boost. A modest half a million, post tax, would do it for me. Anything more is icing on the cake but I happen to like icing, so I'm hoping for more.
Thank you, nice to know.
A little while back, on the Ambassador's Facebook page, they stated that they had applied for OTCQB a while back. When asked what the delay was they said that they were undergoing a full SEC audit which was delaying things. I have no idea what a SEC audit involves or how long it takes but that's what is in the works.
Similar to the last batch I bought. I ordered it at the asking price. It filled immediately below the current bid. WTH?
I love a good analysis backed by numbers. The pieces all fit together nicely. Thank you goforthebet.
I'd be happy to be wrong, but I have a feeling that this isn't going to permanently stay high until GOOG settles. Most people who are watching are waiting for that one settlement. It's like nothing else is important to them. They obviously haven't taken the opportunity to educate themselves on what a good company this is and what a bright future it has. It's a little frustrating, but I've consoled myself by adding NLST to my retirement portfolio because it's such a good, long hold.
Ah yes. The NDAs. I forgot about those for a moment. Agree that this deal didn't happen overnight. I'm sure both sides had their first drafts ready before the Markman hearing and tweaked them accordingly after it.
GOOG should be sweating. If they don't hurry there won't be anything left for them to negotiate.
I liked that C. Hong said they were "staffing up". They obviously intend to get very busy ASAP. They don't want to waste any of their 5 years.
A lot more gets disclosed when a company gets acquired. You know what you're getting. Once it has new owners people don't usually hold the new owners accountable for the actions of the previous ones. If you partner with a company... I think the old saying "If you sleep with dogs you'll wake up with fleas" is somewhat appropriate. Not that ALYI is a dog, but you have to be careful.
I had some ALYI but sold. I found I was spending entirely too much time worrying about those red flags you mentioned. iQSTEL's CEO referred to them as "past hiccups" and seems to feel they are a good company now, but I am spoiled from iQSTEL's transparency and find I have little patience for opacity in businesses I am invested in. I was concerned enough to ask iQSTEL to confirm that the LOI was with MODUS and NOT ALYI. They did confirm it was MODUS they are working with for the development.
My feelings are the same as yours. Acquisition: Fine. Partnership: Caution.
Now Google has nothing NLST wants, but money. They lost their chance to negotiate for much of anything except for any crumbs that SK didn't cover in their agreement. Granted, some of those crumbs might be lucrative, but nothing like what SK probably negotiated.
I'm not at all sure NLST would accept anything but money from Google at this point. Google hasn't done anything to prove themselves to be truthful or trustworthy. They are not a partner Mr. Hong would be inclined to want in his life. He'd always have to check to make sure his watch was still on his wrist after shaking hands with them.
By being first I think SK hynix probably made the best of the situation and both companies will benefit from it, in the end. I'm Looking forward to hearing the details. The value of NetList just exploded and will only get better.
It seems like the better the news the more it drops. It's artificial, beyond a doubt.
I have my buy orders in and waiting.
It's actually held up better than I expected with the extension news.
A settlement is probably going to include licensing for the patented tech or else it will soon follow. It isn't likely that the companies illegally using the NLST tech will just yank it out of their servers. I'm not an accountant but money from licensing revenue usually goes on the profit side of the books so NLST will likely start showing a profit immediately with the settlement(s).
It will be interesting to see how it pans out.
I too think they'll exceed their stated revenue but won't report it or revise it until they announce their uplist to either QB or NASDAQ. It's a strategic move that will be a 1-2 punch to boost their stock price. If profitability comes with it then that's going to be icing on the cake. Good timing is their friend.