Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Hopefully they were just testing the water with that potential filing!
If they are smart they would have bought their own shares when it fell and will be announcing that they won't be doing it. Then they will announce a new deal or that they reached a new agreement with a previous buyer. In any case they make money for more cash on hand. Seen that done before in the OTC.
They haven't signed off on it yet. So there is no extra 700M shares at this time.
No one wants to sell either!
There are a couple, if they are wise enough to pull it off. That part I am not so sure of. As is, this is my biggest looser all year. My own fault though , I could have taken profits several times over and now I can only blame myself because I know better !
Well I agree, BUT if WE are loud enough, light their phone lines up like the 4th of July! They may just get the message. Will they care, who knows ??
It's Not signed yet ! if it were in our face, it would be signed and done. It doesn't make me happy, but they have other options. I would think they are measuring reaction and PPS before it happens to do decide if its worth doing or not. IMO.
This is Prelim, "NOT a done deal" It's not signed by anyone yet. There are no set dates etc.. I am sure it's to measure reaction.
I couldn't get 43's dang it!!!
.0052 is what I am showing 3 months ago as a low.
YEAH!! sold at 53's at 63,made enough for Not just a burger but a burger, fries and a Choc shake! LOL!
You Know I could never run any company that way and never have . I have even helped friends with public companies to get them back on track and profitable. It's harder and takes longer , its easier to sell shares or put them up as collateral. That is the problem.
This company has a good product and they are building from what I can see. they have debt and they need a strategic partner in the Med field.
If they can hold it together ,get a couple of contracts or one good one before the end of the year. That will give them breathing room. IMO.
If they get a buyout partner even better!
I agree. I just know better than to hold to long. marrying an OTC stock never seams to work out! dating or one stands tend to get the result you want 95% of the time!
Then again I knew to take my profits when I had them as well but NOOOO, I just had to hold and keep loading as it fell each time.
So much smarter than that but, oh well, that's why I bat 94% instead of 100%
I know this will be a hold for a bit, so I didn't want to load up to much just yet. It moves so fast though ,that at the moment, you know there is little to no dilution because the stock just isn't in the market. It could be coming but it's not here yet.
Is It? I am still kicking myself for breaking my own rules in the OTC. Never merry ,always date!
It was higher than this when nobody cared about it.
I got 53's!!! sold my 68's for a profit that wouldn't even buy me a good burger and fries!
YEEES!!! Got my 68's
They are prob just scrambling to get "something" done to file in the 8K, to make it more than just boring, IMO...
I agree!
It's all 50/50 at this point but I will take the risk.
I grabbed some 81's
I Know, it moves fast!
The company is worth so much more than that ,IMO. I just Like getting a deal.
I know ,but I still wanted it to dip back into those .0075's
Dang it,I wanted extra cheapies! Somebody stop buying so I can load up more cheapies !
IMO, Since volume is low, its prob not into the system yet! You can always tell on massive buying or selling. Leaks are inevitable. As is, its just sitting and flippers are flipping.
You and Me Both!
This company has something Good (product)IMO. As Long as they don't squander it, The company should turn into something.
IMO we are all a little early but that's kind of the point in being out here.
Like I said before, The best things going are that they made it current and Revs have increased. Nobody will do a deal with a company that isn't current! I know I wouldn't.
Filings take time and cost money to do. They have been good about it so far, excluding the storm delay, so I am going to sit.
The Most encouraging thing to me is that they are current!
Why waste time and money to do that (costs about 5K) if your goal was just to convert shares and screw people?
Second is that they are building revs and are looking for a strategic partner. They need one IMO!
This is the OTC and anything is possible.
I guess Sorkin is out stealing again! Dead horse!
Scams don't generate real business and they don't publicly show debt either.
That being said this is the OTC and I like many, am kicking myself for not taking the profits 3-4 times over, by fallowing my own rules.
I bat 94% but that other 6% sucks!
They are where the storm hit, so disruptions should be expected for a couple of weeks,imo.
I just called them & they said they are having Email issues at the moment.
#1. got a human when I called
#2. they have answered every email I have sent them
It's the from whom and why/what its for that I am after. A Note means nothing if I don't know who its from and why. Some of It could be intentional liability creation, IMO.
keeps tax liability low/zero
Usualy gets paid out during a merger/buyout 9 times out of 10.
I know all of that. Read the rest of my other posts and you will see what I am questioning.
The information of from whom and why are Not present.
Who takes out a note for $6,741 vs say $6,750 ? especially at over 40%.
There is another at over 40% for over 50K and its an odd number as well. The rest are normal interest rates and rounded numbers.
Point is, who is loaning the money and why?
I know that, But loans or Investments? If so from whom or to whom is my real point. Why were these millions not present in 2018 ? They just add millions like magic during a time when they start searching for merger/ buyout partners?
We are left to believe they received a massive influx of cash that does not show in the books from loans?
Any business owner can see what they have done, IMO.
They are covering their tails ,IMO.
Ensuring a golden parachute ,again IMO.
Explain ?
DID ANYONE NOTICE the derivative liability increase from 2018-2019?
It does not say what that is for,at least,not that I could see. It could be a simple payout put in place so that it creates a debt that would be paid out during a buyout or merger. It would make since to put one in place since that seams to be the rout they have been taking. It could also be put in place to keep the company in negative earnings wile it grows to min any tax liability, IMO anyway.