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.
You are a resource of information. Thank you for all your efforts in getting out the facts! Much appreciated.
I admit the chart looks promising ... higher lows but we need to affirm the higher highs as well!
Still holding 15K shares on the hope this all works out. Their Revs are huge at least before the Virus hit us!
The point is the company is making forward progress to their $1M per year revenue goal. Read the post that reviews their potential. If you believe in the 3X Rev rule then they should then be a 3M Market cap company going forward. Did I miss something there, please clairy any mistakes I made, since we are all in this to make money?
Just to give you guys some support, I did a sizable investment three month ago that halved in price when I thought it was already cheap. I didn't panic because I knew where it's PPS will end up. A few weeks later not only did it hit my target price but that was the EOD high even up to today. So my formula for measuring PPS potential was right. I believe it is the same here. We are looking at .30/share target at current conditions unless something drastically changes. JMHO!
Got a million share starting position today so I can say this:
Their share count most likely is currently above 1B (looking at burn rate) so as we go forward with increasing sales it would be better for them to do a 10:1 RS. It would attract more buyers of this GREAT investment.
That being said this is what this will look like at 1.2B OS (surmised at share "burn rate")
10M Revs x 3 = 30M Market Cap
30M MC / 1.2B (current proposed count) = .025
11X your return at current PPS
Remember that is 11 times your current investment!
JMHO!
Hey let's work together to make money not against each other. You sound like you know what you are talking about and i will always respect your findings!
Soup you to took my post out of context!
You are talking about trading pressure and float that we work off of day to day
I am talking about evaluating the company on its future revenues to its future OS in term of Market cap for PPS targets
Those are two different conversations!
If I am right Market cap is measured off of published OS and that was the latest publishing:
07/20/2020 Attorney Letter with Respect to Current Information - Amended - NAFS Opinion of Counsel Regarding Adequate Current Information
The Company has 500,000,000 (Five Hundred Million) authorized common shares of which
92,019,994 (Ninety-Two Million Nineteen Thousand Nine Hundred Ninety-Four) shares are
issued and outstanding as of the date hereof. There are 100,000,000 (One Hundred Million)
authorized preferred shares of which 8 shares of Series A Preferred, and 500 shares of Series B
Preferred a are issued and outstanding. The Company's fiscal year end is December 31.
Did I get that right or did I get that right Soup!
OK I was off by 1M shares, woop.
OK lets round that up to $20M Revs x3 = $60M MC
91M OS + 109M (Share "burn rate" over time) = 200M OS (fully diluted)
$60M Market Cap / 200M Future OS count = 0.30 per share
About 17X return on your money folks
.018 times 17 = .306
... just saying
... keeping it simple
Yup got 500K at .0205 but why worry over fractions ... News and data speak for themselves without the gloom and doom to distract!
Now those are numbers worth looking at ... they are on their way! Holding for the long ...
In fact just picked up some more today to round out the numbers!
Great that is all I needed to know since I am heavily invested in this security!
Just looking for an answer on a line the quarterly filings. Real factual questions for real factual answers.
Just worried about this in the latest Quarterly Report
Accumulated deficit (22,939,608)
Maybe I am missing something?
If this company can do 1M in Revs then they can hold a 3M Market cap. That means we should be forward looking at .0082 (3x revs) at near term prospects PPS at current OS.
Outstanding Shares
364,810,658
07/24/2020
JMHO!
People are now ignoring facts to support their feelings. Facts don't matter anymore, only beliefs, very sad for our country! Totally agree with you
Well the CEO worked in the largest bank in China if I am right so she should be able to deal with it, JMHO!
Notice they are hanging on to a little bit of debt there from the filings if i am reading them correctly, can any one chime in on that issue. I have great hopes for this company but want to cover all bases.
Sorry for the post, it was for the wrong security and to the wrong person. Please disregard what I said here.
as for this company:
The volume was normal for the last several days. The promise this company has to deliver on its new products is extremely high and I will considering buying much more shares in the morning.
Again sorry for the mix up!
We got a yield sign folks! Anyone wants to chime in?
"Warning! This company has posted limited financial disclosure through the OTC Disclosure & News Service or is late in their filing obligations with the SEC."
Please, how many times have I heard that from an OTC stock, I've been doing this for a long time. It's all PR to rise people's hopes. That doesn't mean they will go heavily into debt and I hope not especially with the free money they are getting from the government, but you never know what's going on under the hood. You can't say this is very transparent down here in OTC land. Ha ha ha, in fact the entire stock market is pretty secretive. Again I am being brutally honest because in a few days no one will care what i say and I won't be saying much more. Like you I wan to make money on this security. But we are early in the game of this stock so i am taking some liberties.
If the CEO contains the share structure and we don't see a 10B AS surprise SEC filing then Yes, this should do well otherwise it will be a spike and dump stock like so many on OTC which I suspect (but hope not) is going to happen anyway. I am saying this now because 1000 posts later no one is going to care what I said and it will do what it will do.
OK, now we are talking but I also have to encourage you to think about revenues and how fast they will rise. Filings for 2019 revenues were weak, less then 2018, so we are starting on a weak foot. This doesn't sell product over night. It will take time to make those chain store sales agreements, customer build up and see the results in the filings. This is a real product we are talking about not speculation as in other OTC stocks.
If I get in at a lower price that can only be good since I am a long anyway. Being honest about the price and what this will end up is better. No pump or dump, just actual facts and observations. Please explain the very high volume over the last few trading sessions which has to be more then just enthusiastic traders.
Great stuff here guys but I would stay with the products and news we do know, not rumors. The fact that the bollinger Bands are pretty wide shows some pressure going forward. Unless news comes forth we may be heading lower until those b bands tighten. Plus the RSI has been falling not rising.
What I am saying is before everyone spouts these lofty targets lets understand we may be dealing with 1B OS share structure due to the income needed to grow the distribution channels. So calculate your targets on full dilution to be safe!
Jay LOOK AT THE DATE!
Actually why hold any stock before it makes a sudden 20X run? Because you never know when the whales enter with great interest and huge pockets. You do know that is how the OTC works, right?
Much higher volume AFTER the last filing for the OS structure. Sounds like there is still real dilution going on now. Love the product, like the stock, fear the CEO!
Great ideals and running companies for profit may not be a good mix ... I wish it weren't so but in this world, it's a sad realization. Like their ideas and wish them the best!
I am just a bit worried about latest increase in volume, I won't be surprised if the CEO maxed out the AS but hope and pray that is not the case (by adding up the "extra" volume). Can not find a recent fillings on what the current OS is.
Funny you said that because I came up with 2.6 cents before reading your post!
Folks at $850K market cap this price is a joke, will buy more monday morning!
At a market cap of 20M and OS of 515M shares, this could very easily see .038 ... so lets round it off to .0400
This is acting like a typical Nasdaq drug stock. Buy high ... sell Higher!
I actually traded this security yesterday on that point and am getting burned for it. I agree with you except when some stocks get over heated they plateau for a while at the higher RSI and then when all is said and done they land at a much higher PPS. I have seen that many times. I hope you are right.
Hey, we are first (best) in everything! But that means we will be first to find the cure as well ...
50% odds on 5-10x the return ... do the math!