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I received this PM regarding the way we powered through resistance to first break the 200sma, and now the 50sma, holding so strong above the 4s yesterday
Definitely true. It takes all types to make the market, for sure!
Exactly. I like the risk/reward balance here for buying pre-merger before we see the definitive agreement. This risk/reward relationship is why I like penny stocks.
Great stuff - Claro is the Enterprise Solutions arm of a very massive company named American Movil (Carlos Slim) - a $50B+ Global 2000 Wireless/Telecom company.
https://www.usclaro.com/about-us/
https://en.wikipedia.org/wiki/Claro_(company)
https://mnc.telmexusa.com/
https://www.americamovil.com/English/overview/default.aspx
https://en.wikipedia.org/wiki/Am%C3%A9rica_M%C3%B3vil
Awesome, thanks cbrad!
There is no reason for PASO or the DA for the CLX/PASO merger to be mentioned in tomorrow's (https://twitter.com/BeckersHR) conference/webinar by Joey Gonzalez (SiriusIQ/CLX) or anyone else.
Anyone/everyone who knows anything about PASO, CLX or the pending merger knows better than to expect that "we" - meaning PASO the PubCo that CLX is merging with - will be mentioned in this conference/webinar. If that were to happen, it would be a huge surprise.
HOWEVER - CLX via Twitter has stated that "announcements regarding partners and roadmap will follow" (the conference). That is ALL that has been promised for tomorrow. But THAT is a pretty big deal for us, while we are near the deadline for the Tender Offer for Series C shares conversion, as well as being in the same general time frame for the announcement of a signed Definitive Agreement (DA) for the PASO-CLX merger:
https://twitter.com/CLXHealth/status/1313852913886822401
This is not a conference to talk about corporate plans for M&A and such. The following describes what tomorrow's discussion/presentation by industry experts is about, and it's not about hyping or whatever for OTC traders, I guarantee it.
Anyone saying there will be a "big disappointment" if PASO or DA are not mentioned in the conference/webinar are... well, let's say it's probably wishful thinking for a buying opportunity? I know some probably wish they bought more during the recent dip, or that they didn't sell so soon. But hey, anyone can buy shares at the ask price at any time.
https://go.beckershospitalreview.com/data-and-disruptors-three-companies-harnessing-the-positive-power-of-data-during-transformative-times
I think there are quite a few who DO really see the potential and understand how massive this is for PASO shareholders... and many of those are content to hold a relatively small position, while standing by for the DA. If and when that happens (I think we all believe this will be within the next few weeks, possibly longer, possibly this week even), they know the value would rocket so high that they don't care so much about missing on 5 cents versus 10 or even 20 cents.
As much as I don't like projecting prices - rather, only showing valuation potential based on actual facts and financials - I agree with you that there is a lot of headroom here for much higher prices than some have even wanted to speculate.
The problem (read "opportunity") here is that this whole thing is unprecedented in so many ways. And considering the companies involved, the problems to be solved (not just for COVID) and the potential dollars involved, nationally and internationally, are very large. There IS not one market to consider "market size" in dollars - but SEVERAL markets converge here, with very high dollars in each.
There you go, nice find CravenP! And you can bet Hawaii is going to want to get out of the business of validating tests and managing info from that list of "TRUSTED TESTING AND TRAVEL PARTNERS" - and dealing potential liabilities associated with handling consumer info - just AS SOON AS POSSIBLE.
HealthyAmerica™ and partners solve all problems for all such parties!
PASO/CLX: "Solving the world's problems... at a million a minute" is how it might read, lol.
Here's how I see it. First, the facts - CLX Health, LLC (CLX) is a JV between UST Global and SiriusIQ; and we have a Letter of Intent by and between PASO (Patient Access Solutions, Inc.) and CLX for the reverse merger, whereby CLX will acquire control of the company. (that is a period. those are the facts)
Further facts mixed with my interpretation and related suggestion(s):
The general terms sufficient for an LOI have been laid out, including CLX acquiring the 10M Preferred shares for control of the company. Further details TO BE DETERMINED and inked in the Definitive Agreement... COULD include negotiation between CLX and PASO on the VALUE of CLX being transferred to PASO in return for the 10M preferred shares and other possible yet-undetermined "consideration," among other merger specifics that are customarily negotiated and memorialized in a Definitive Agreement. This other possible "consideration" could be a block of Series C Preferred shares that might be agreed and allocated for distribution to significant partners. ...for example.
But there are many things such as this that COULD be worked into the deal, and many of the things that COULD be... will NOT be in the deal - simply because there are innumerable possibilities. We will learn what they've agreed, when it is announced and disclosed.
So to answer your question more directly, I believe - as others here have also suggested in prior posts - that the basic deal is between PASO and CLX, and that will not change. But the VALUE of the deal and the resulting entity (that is CLX) is about the only "tangible" information we have to work with, as we learn who are the partners... and how they describe these partners. I mean, we might get an idea of how siginificant or substantial they are in regards to the complete product/service solutions we bring to the market... and therefore just how f'ing big this thing could be.
Right, StumpMan, you're ON it!
Many folks who are new here probably think of CLX as a COVID-19 "play." What they don't realize is that, what CLX has put together, is a focused and narrowed first offering based on a planned merger WAY before COVID-19 was "a thing." Yes, the one that the $50B Wall Street PE firm was said to be coordinating in the fall of 2019.
There is a much broader baseline platform underlying the HealthyAmerica™ application based on Data Science, AI and IT integration that leverages cross-industry relationships with the leading HealthCare IT companies in the U.S. and others beyond our borders.
Referring to a recent CLX tweet, I think... the World Economic Forum (WEF) and Known Traveler Digital Identity (KTDI) are something brought to us (CLX) by Accenture, and ...that Accenture is one of our primary partners - just like TransUnion (TRU).
https://twitter.com/CLXHealth/status/1316047962401837056
CLXHealth @CLXHealth
REMINDER: @BeckersHR Conference tomorrow CSO Joseph Gonzalez will be participating in Data & Disrupters @ 2pm Eastern. #HealthyAmerica #Partners #KTDI #KnownTraveler #TrustedTraveler #WEF #Technology #COVID19 #coronavirus
12:07 PM · Oct 13, 202
These two products - HealthyAmerica™ and KTDI - are competing but complimentary products/solutions that go far beyond any initial targeted audience, indurstry or application - spanning across health, travel, security (anti-terrorism), education, government and international borders worldwide.
And I'll bet there are other products, solutions and general frameworks through many other global/international partners that will come to light very soon, but then also an ongoing onboarding of other major organizations for months and years to come.
https://ktdi.org/
Well now, look at this volume and price - looks like word is finally leaking out to the market! Gotta love it, Jushi!!
Nice trading today, good to see more are finding their way!
$PASO's to Dollars!
Here's why SKDI / SFL Maven just became an awesome BUY in the sub-penny price range.
Until last week...
Over the past year, SKDI acquired 2 early stage companies with near zero initial revenue, and was intending to invest in them and grow to profitability. Hakuna, a specialty CBD products business, was thought to be good for immediate sales in a fast-growing sector. Numuni, Inc., was thought to have great potential for powerful exponential growth in value, though very risky until the initial launch may show sufficient market interest pointing to disruptive market share growth in the online advertising / website monitization space.
Funding for the new SKDI was very positive for investors, as the company had a Regulation A "registration alternative" in effect about a year ago that provided for non-toxic dilutive financing for operations over the past year. What does THAT mean?!?
First, it means the business was NOT funded by "toxic" convertible notes that have been known to run small companies into the ground throught the OTC market. The company has VERY LITTLE DEBT.
[ul]Second, it means there's a pretty clear and obvious explanation for why the pps was held in the narrow channel between .004 and .01 over the past several months. If the SKDI had any revenue from operations over the past several months, the pps would have had breathing room to run - and there were MANY opportunities where it was clearly ready to run - and WOULD have, had it not been for operational cash flow requirements (with no revenue to support it). This can be seen on the daily price-trade chart over the past 6 months very clearly. Every time there was any significant trade volume, PAUL came out to sell the Reg A shares, the proceeds of which were used to fund operations.
The shareholder benefits for the above-noted situation were 1) guaranteed funding without "toxic" (death spiral) dilution, 2) operations were able to conintue, toward seeing the new business model through (to hopefully see it succeed and make us all rich), and 3) operation were PAID FOR (like, pay-as-you-go), rather than accumulating massive debt in order to fund operations, such that sometime later shareholders might see their investments totally disappear again like the last 8000:1 reverse split.
We - those who have held the stock for more than a day or week - can now appreciate the above-mentioned benefits of the Reg A funding. The business model apparently did not flow evenly toward the successful outcome that Carl Grant had envisioned, but we're not left "holding the bag" with toxic debt on the balance sheet, and the share structure wasn't blown up in the process of "trying" the business model that apparently didn't work out... Hakuna was sold off to another issuer willing to invest further toward some successful outcome, and Numuni, which failed it's launch, was successfully unwound with little to no net impact to investors.
This is a case where the relatively new "Reg A" funding (this is a relatively new public "crowdfunding" option - from the 2015 JOBS Act - that has not been available to these small OTC penny stock companies until recently) has succeeded in providing a "decent" funding solution to a small public company that helped management to fund their business model without just totally screwing us retail "investors."
Reg A wiki:
https://en.wikipedia.org/wiki/Regulation_A#:~:text=Regulation%20A%20(or%20Reg%20A,the%20securities%20with%20the%20SEC.
So... Carl Grant did good by us. He tried, he saw that it wasn't going as well as hoped, so he pivoted. Funny, I saw "pivoted" in that press release title and thought, "what in the hell were you thinking, using that word?!?" But now it is very clear, it's exactly right. He did good by us retail investors, "killing it before it grows," but also finding a solid business replacement. I really LIKE this one a lot. Great revenue. Great USD alternative at a time when the (general stock) market is kindof questionable how long it will hold in this range. Crypto-currency is a possible hedge, precious metals are a possible hedge, but what SFL Maven specializes in is a sweet spot between investment hedging and actual consumer market demand for value-stabilized luxury goods that many see as a investment hedge that they can touch and feel (some call it finger-f*ing gold, believe it or not).
So why is SKDI an awesome BUY opportunity right now?!? -
1) Great Revenue!
2) Reg A offering expires Monday (that's today, 10/12/2020). That 10M avg trade on Friday? That was the Reg A seller dumping the LAST CHEAP SHARES on Friday at 14:02:38 (EDT). That's it. THAT Reg A that's been holding the price down for 6 months. THAT Reg A that sold off last week because of the expiration and completion of the Reg A "alternative registration" for SKDI. No More Cheap Shares for the Reg A.
3) No R/S, as stated by the new CEO: "At this time though, I see no reason to apply to FINRA for a reverse stock split. We still have a very tight public float and a loyal shareholder base. My focus will 100% be on revenue growth for the remainder of 2020." (He could have added... "Next year, we may consider an R/S for the purposes of uplisting to a premium exchange if/when we are successful in 'xyz' but first things first, we'll focus on high growth, the name and ticker change, etc." But we will likely hear more about the big picture plans down the road not far off.)
Sun Kissed Pivots Direction and Acquires 'Luxury' Enterprise with $11M in 2019 Revenue
https://www.newsfilecorp.com/release/65200/Sun-Kissed-Pivots-Direction-and-Acquires-Luxury-Enterprise-with-11M-in-2019-Revenue
October 5, 2020
Sun Kissed Announces Streamlining to Focus on Strong Growth in High Revenue Segment
https://www.newsfilecorp.com/release/65488/Sun-Kissed-Announces-Streamlining-to-Focus-on-Strong-Growth-in-High-Revenue-Segment
October 8, 2020
Sun Kissed Introduces New CEO in MoneyTV(TM) Interview
https://www.newsfilecorp.com/release/65584/Sun-Kissed-Introduces-New-CEO-in-MoneyTVTM-Interview
October 9, 2020
Sun Kissed Introduces New CEO in MoneyTV(TM) Interview
New York, New York--(Newsfile Corp. - October 9, 2020) - Sun Kissed Industries Inc. (OTC Pink: SKDI) ("Sun Kissed", "SKDI"), (www.sunkissedindustries.com) a leading provider of high-end luxury goods, is pleased to announce that Joseph Ladin, the CEO of SKDI's subsidiary SFL Maven, Inc., ("SFL Maven" or "SFL"), (https://bit.ly/34lQgHH) is to become CEO of the Company effective Monday 12th October.
Joe Ladin commented, "I've joined the company at a really interesting time in its journey. It was clear that the company needed to re-focus on serious revenue generating business, to divest itself of non-core businesses and to deliver shareholder value; that's what we have now done. SKDI will report millions in topline revenues this year, the first time in its history. Our 'Reg A' expires on Monday and we now have time to focus on a corporate re-brand and a name-change. At this time though, I see no reason to apply to FINRA for a reverse stock split. We still have a very tight public float and a loyal shareholder base. My focus will 100% be on revenue growth for the remainder of 2020."
The Company announced earlier this week that it had streamlined its operations to drive greater focus on high value, high revenue segments. The centerpiece of this focus is to be the Company's recently acquired high-end jewelry business, SFL Maven ("SFL Maven" or "SFL"), ( https://bit.ly/34lQgHH) which brought in sales of nearly $11 million in 2019 and over $122 million since 2004.
In a MoneyTV™ interview released today, Joe Ladin outlined not only where the company had come from, but also discussed the future growth plans for the business and went through the nearly $6m the company had written in revenue already in 2020. The interview is available for download from here: https://vimeo.com/466211275
SFL Maven has been a consistent performer in the high-end jewelry space. In 2019, SFL drove revenues of $10.8 million, followed by nearly $4 million in sales during the first half of 2020, and an extremely strong start to the second half of the year, with robust performance in its quarter ended September 30 (updated numbers will be available for release shortly).
About Sun Kissed Industries, Inc.
Sun Kissed Industries Inc. (OTC Pink: SKDI) is a provider of high-end luxury goods to discerning clientele around the globe. They have recently pivoted away from emerging markets and are now focused on revenue generating acquisitions.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements, including information about management's view of Sun Kissed Industries Inc.'s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Sun Kissed, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on Sun Kissed's future results. The forward-looking statements included in this press release are made only as of the date hereof. Sun Kissed cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Sun Kissed undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Sun Kissed.
SOURCE: Sun Kissed Industries Inc.
https://sunkissedindustries.com/
Contact:
invest@sunkissedindustries.com
I don't know, that sounds kinda personal, dear.
$PASO Gotta Love PASO Fridays!
{b]$PASO's to Dollars!
Lol, works for me.
Nice to see the chartists got their little 2-tick microgap to fill. Moving along now... All PASOnians and PASOholics have a nice weekend!!
Awesome company! Awesome management! Looking for at least 5x pps growth in the near term reflecting recent guidance/expectations.
There we go...
Huge News_SKDI-ReverseTakeover Complete,No R/S,RegA Closed
NEW YORK, NY -- October 9, 2020 -- InvestorsHub NewsWire -- Sun Kissed Industries Inc. (OTC PINK: SKDI) ("Sun Kissed", "SKDI"), (www.sunkissedindustries.com) a leading provider of high-end luxury goods, is pleased to announce that Joseph Ladin, the CEO of SKDI's subsidiary SFL Maven, Inc., ("SFL Maven" or "SFL"), (https://bit.ly/34lQgHH) is to become CEO of the Company effective Monday 12th October.
Joe Ladin commented "I've joined the company at a really interesting time in its journey. It was clear that the company needed to re-focus on serious revenue generating business, to divest itself of non-core businesses and to deliver shareholder value; that's what we have now done. SKDI will report millions in topline revenues this year, the first time in its history. Our 'Reg A' expires on Monday and we now have time to focus on a corporate re-brand and a name-change. At this time though, I see no reason to apply to FINRA for a reverse stock split. We still have a very tight public float and a loyal shareholder base. My focus will 100% be on revenue growth for the remainder of 2020."
The Company announced earlier this week that it had streamlined its operations to drive greater focus on high value, high revenue segments. The centerpiece of this focus is to be the Company's recently acquired high-end jewelry business, SFL Maven ("SFL Maven" or "SFL"), ,( https://bit.ly/34lQgHH) which brought in sales of nearly $11 million in 2019 and over $122 million since 2004.
In a MoneyTV™ interview released today, Joe Ladin outlined not only where the company had come from, but also discussed the future growth plans for the business and went through the nearly $6m the company had written in revenue already in 2020. The interview is available for download from here: https://vimeo.com/466211275
SFL Maven has been a consistent performer in the high-end jewelry space. In 2019, SFL drove revenues of $10.8 million, followed by nearly $4 million in sales during the first half of 2020, and an extremely strong start to the second half of the year, with robust performance in its quarter ended September 30 (updated numbers will be available for release shortly).
About Sun Kissed Industries, Inc.
Sun Kissed Industries Inc. (OTC PINK: SKDI) is a provider of high-end luxury goods to discerning clientele around the globe. They have recently pivoted away from emerging markets and are now focused on revenue generating acquisitions.
AND - Confirmed no R/S by new CEO!! See in the PR:
ALSO- Reg A selling is over! See in the PR:
Awesome! - The Numuni deal has been unwound, and we have all of those shares back. This is awesome, as I didn't see the Numuni launch moving forward, and new we have been taken over by a $10 million+ revenue business - SFL Maven - and with the head of SFL taking the helm as CEO!
Very nice!!!
Here's the Numuni unwinding announcement from SKDI disclosure on OTCM:
https://backend.otcmarkets.com/otcapi/company/financial-report/259587/content
This amounts to a reverse takeover - Awesome, Awesome, Awesome!! I couldn't have asked for anything better for SKDI!!!
Lol, I'll bet you understand now, right? You weren't missing anything, but others are - their shares.
Good deal, DCkey - fight the good fight! SKDI
Got that call yesterday. Tried to convince me to sell SKDI to buy that POS, minimum $5000, would get restricted shares (6 months) for "under a dollar a share." Told him to GTH, and then looked it up. No volume POS that was manipulated up to 10x price so they could sell discounted shares to unsuspecting penny player non-DD gamblers... NOT like me, I'd like to think.
F 'em.
Awesome, Farm!! I was wondering why I was buying, lol!!!
All good, Bockscarr! Just keeping an eye on it when I can, love the action, and I've been adding all week!
I have to believe this float is getting locked up (if my accounts are any indication, lol)
$PASO's to Dollars!
Yum! We finally chewed up that block - taking a few of those cheap shares to the long saving bank!
Yup, I definitely lean toward your explanation here, Dodo. I'm sorry, I meant Stupid Dodo. Insecure traders (or possibly investors, lol) with their add-on replies always trying to hype PASO into CLX's tweets... I'll bet that's EXACTLY why that tweet is now gone. It would be nice if all traders could act like investors, put their big boy pants on when communicating in public. But that's not the world we live in. Heck, JPMorgan is one of the biggest whining and manipulating TRADERS out there! (Sorry Jamie, but it's true, and you know it!)
I doubt that, STL. I've never seen a convertible preferred shares that doesn't have AT LEAST the voting equivalent of the as-converted common share(s).
Yeah, it's called price manipulation, including but not limited to the latest effort using a 2.8M block at .03. Some traders are also trying to spread FUD on social media. Lol, GLTY.
Just to be clear for the record here, that's dollars you're talking about. An ask block of 2.8M+ shares at .03. Funny thing is, there was only about 2.5M total shares traded when that block appeared, about 30 minutes ago. And the volume is still only 3.2M. The idiot is getting SOME bids to fill, though not much, "all the way" down to .029, but she's holding strong.
No one wants to sell in this range, and I have to believe the float is beginning to lock up. I know I'm holding a pretty good chunk that is locked.
But that doesn't stop them from working hard to get anything they can get.