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:D perhaps a bit more than that :D LOL
I'm not going to say anything about that.
Let me correct your statement. Whales were already in a long while ago.
I posted long ago some big players are in on this one. They're in this for the long run.
I myself loaded up while the shares were worthless, quite a while ago.
Currently I only am adjusting my exit strategy, that is to say to a much higher price, which we are going to be most likely in 5-6 months.
At this rate we'll see not 0.02 but 0.2 in a very reasonable period of time. After that it will go even much higher according to my analysis. Just look at my older posts and you'll see how spot on I've been. Now I see even more reasons to adjust my projections to a much higher price. I will not share my price projections here.
Please stop all that positive pumping on this board...
If you look at at the trades some guys are buying a load of shares for the long run. Hence, no need to pump up the stock for your short term plays...
I'm in this since this stock was worthless and have zero intention to sell any share in the near future....
One of the rare few stocks I don't think of trading, but holding.
This one is for the long run in my portfolio.
Will not take too many weeks before it shoots to another level,... if I look at the chart.
One of the rare few stocks I'm holding for the long run...
Without an R/S I see this becoming more than a ten-bagger.
My long-term targets, 0.19 and than 0.4
I wouldn't be surprised if these guys get taken over in 9-12 months time.
In such case I'd adjust my targets to the upside by +20-40 %.
Had loaded on shares before this thing started to move a long while ago.
I intend to stay in it for a very long while....
waiting for it to be my 10-bagger.
This is not a short-term play for me...
Already in great profit, going to sit it out.....
Anyone able to find the location of this newly promoted Center Of Excellence in India, which is part of "mPhase Technologies India (MTI) Division"?
I was planning on going to China and could certainly visit India as well and share with you guys my findings/pictures etc.
Oddly enough I failed to find the location of this COE...
10-Q doesn't seem to report it either, ......
I am very much interested in what is going on with XDSL and even more I am interested in the discussions here.
Here's a copy paste summary for you out of the 10Q
"GOING CONCERN
The Company’s unaudited condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business.
Through December 31, 2018, the Company had incurred (a) cumulative losses totaling ($211,932,586) and (b) a stockholders’ deficit of ($1,741,630). At December 31, 2018, the Company had $348 of cash to fund short-term working capital requirements and cash used in operating activities was ($104,218) for the six months ended December 31, 2018. In addition, the Company relies on the continuation of funding through private placements of its common stock. These matters raise substantial doubt about the Company’s ability to continue as a going concern for a period of twelve months from the issuance date of this quarterly report. The accompanying condensed consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty."
Yes, 10-Q showing Net LOSS
Pretty much all LinkedIn accounts seem fake. What have you lads verified about those accounts?
And again, NOT a single patent of mPhase is even remotely related to Artificial Intelligence or Machine Learning. ZERO.
Also, those LinkedIn employees from India are more than 30, but that is even more than the number of people XDSL announced today that they wanted to reach by year end. If LinkedIn accounts would have been real, there would be no reason to make such statement about the number of people they want to have working for them by the end of the year.
I say, all is nonsense.
Their battery tech has nothing to do with A.I.
It is utter nonsense.
The article first starts with useless fancy buzzwords such as AI.
And than they brag about having such a great team.
Than they brag about how much interest there has been in joining their team.
Than they write "The goal is to build out this team to include 15-20 employees by the end of 2019." They basically need to build a workforce/team till the end of 2019. Basically nothing to be produced anytime soon.
The ONLY potential mPhase could make any money was when Microphase would team up and have their patents used by XDSL as well. That was the only potential for something big. With this news I only see the other possibility becoming a reality. These guys have not learned anything are just following the old path of Durando.... Soooo much nonsense in 1 single news release...
geez...
This is terrible news....
It literally states they are ditching everything they have been about, battery tech, and now get into AI...... what the ????
As I've mentioned in earlier posts it is MicroPhase that has been producing various products for both consumer and military market. But there are more companies than just MicroPhase that uses the patents and is ran by the same group of people. I expect they will use mPhase for something as big as a reverse merger. You might want to start researching from patents registered in 2017 and 2018 by MicroPhase.
After the stupid things, mainly Durando, has done in the past it is normal for anyone to be super skeptical.
I was super skeptical as well until recently. But took out a few days to do some extensive research and followed the trace of the patents and affiliated companies. Now, I see very big things in the making. It sure is still a bet until there is news confirming my discoveries and expectations.
Durando was the worst thing done to XDSL IMHO. And you lose your reputation easily with such guy. I say, good riddance. Now there is room for people who've been doing the actual work with the patents.
I've seen this with many companies. 1 extremely terrible CEO ruining the company and the moment he leaves and makes room for skilled CEO's in 1-2 years time the company is turned around and starts making crazy money.
I genuinely see high probability of this turning into an explosive stock in the short term. And the great news is around the corner based on my own research.
Up more than 300% on this ticker.
Waiting till it shows 10.000% on my account. :D
Let me rephrase everything and sum it up briefly.
While XDSL seemed to be dead for 20 years, the patents have been used to set up real (other) businesses with real products.
XDSL was a shell.
Now that the other firms are ready to play in the big league they need XDSL to move to the stock market in a cheap way (compared to an IPO).
I hope this clarifies my thoughts and position on the firm.
Same here.
I'd only want to invest in legitimate companies with real products.
But guess what, these guys have real products you can buy at Amazon and various other webpages. You can verify this yourself as well, if you just start researching who owns what patent.
The only big unknown is related to whether these guys/affiliated companies that have been selling products based on the patents are willing to do a reverse merger with XDSL or not. They could just leave XDSL dead as well.
For me this is a risky trade, but since I've been convinced that something big is brewing (and products are real) and I expect this to be a good last opportunity to get in, I bought shares over a couple of days.
I believe what I found in 3 days of in-depth research. Something big is going to happen. What exactly they will decide on I can't be 100% certain about. But like I said before, a reverse merger would be logical.
As long as no news is released anyone should be able to get some cheap shares.
In the end I could be wrong, but the trail of deals/agreements over the last few years of MicroPhase and some patents set off alerts in my head.
We will find out soon enough.
These guys never stopped working together. The companies and the people running them are all the same old people. MicroPhase is the one I trust and I looked (a bit) into the new CEO of mPhase. It looks like he is the one going to execute the next plans of mPhase. IF anything big is going to happen I give it 3 months, worst case 6 months. If there is no exceptionally good news confirming any of my expectations I will personally consider getting out at that time. For now, I believe MicroPhase has been doing the heavy lifting and is preparing for something big since 2017. And I presume mPhase is going to be part of whatever big event they've been planning (looking at old agreements and transactions etc.). The only thing I am worried about is that some idiots have been diluting like crazy in the past and would perhaps end up continuing doing that. At the current price that is a risk I'm willing to take as I don't have any huge amounts of $$ on the line. I give it 90% or more probability that my investment will be worth 100X in 3 max 6 months (at the peak).
@scubastevemd
I knew about the stupid actions of Durando in the past, but decided to take out a few days to research everything in much more detail. I got convinced in a few days time that the people affiliated to mPhase or people that were affiliated to mPhase (i.e. via patents or other means) are up to something very big. From what I've understood these guys are preparing since 2017 (maybe even 2016) for something big. The Ergul guy seems to be in on it as well. From my understanding Ergul is the real technical genius. His name first caught my attention because I know of what origin the name is and out of interest I dug into him more and more and found a trail of information about what they have been doing.
I think something in the lines of a reverse merger is in the making. Some affiliated companies seem to be doing very well and I think they want to bring it to the exchange. Cheap method to do so is reverse merger. I don't know 100% for sure what they are exactly up to, but I got convinced they are up to something really big. I don't trust the Durando dude a bit, but he's only 1 of 5 owners of some of the patents. Some patents owned by affiliated firms are not even on Durando his name. It is other people whom I gained much more trust in. Some affiliated firms have also filed for quite a few patents in 2017 and 2018. They got way more patent than mPhase. But they could use XDSL for a cheap entry to the stock market and very likely XDSL will move to a decent exchange.
Also, I think Durando is being informed that something big is about to happen to XDSL so he very recently got 1-2 Billion shares of XDSL for himself (while according to the reporting Durando himself had nothing prior to purchase).
The problem for any of you that want to buy shares at such a low price is that I see much market maker manipulation going on. Some member told me someone got shares due to money mPhase owing him and the guy is selling the shares. I'm not sure about that. Could be. Seems more like the market maker to me.
Anyhow, I give XDSL max 6 months before something really big happens.
Probably going to be much sooner.
Do your own Due Diligence, I did mine. And feel free to shoot if you see any bold error in my writing/analysis. I tried to keep it as brief as possible.
Check out the short volume on XDSL lately.
https://otcshortreport.com/company/XDSL
https://volumebot.com/why-short-volume-is-important/
Actually I was more curious about Microphase which is another company than MPhase. And Microphase is also in the U.S.
In my research the CEO/President of Microphase is co-owner of some patents together with Durando and some other guys/scientists.
I want to know specifically about Microphase This is their website: https://www.microphase.com/investor-relations/
It is actually the name of their president that got my attention. I'll certainly dig into it further myself, but what do you lads know about Microphase? (NOT mPhase)
@NoMoDo
Since you're into XDSL for quite some years, could you share with us some information about mPhase and MicroPhase and their relation, to the extent that it exists?
Sadly enough I have to agree with that :)
would you openly say the same thing about the 'scientists' behind XDSL patents?
Thanks for summing it up.
While I've certainly dug up some old pile of [...] I'm even more interested in the recent 2 - 3 years and when digging into who owns what patent I sure came across interesting facts, but it is too early to share anything here.
I might have some questions for you about some affiliated companies (most likely by next week).
Had that years ago with a pharmaceutical. Bought a crazy load of shares at a few cents and there was a rumor it would go to 6. I did not believe in it and got out early. 2 years later it was 50-60 $. The only huge mistake I made, but it sure was a massive one :D I can laugh about it when telling friends.
I forgot the ticker. (not sure I want to remember it though :D )
It was one of the first stocks I had bought and I was learning about all the pump and dumps going on. Like most of us I started out trading with too much emotion at both extremes (euphoric and depressed) thinking I might catch a 10 bagger or get caught into a pump and dump scheme. University turned me into an emotionless trader which was great for my trading as well as my health :D
The only emotion I get is from reading stock boards, not so much what is going on with the stock itself :D haha
Anyways I hope to share interesting stuff about XDSL very soon. I'm researching some old names of XDSL, their patents and what they have been up to in the last 2-3 years.
No, I didn't take it that way. There's not much of a 'rude' in my dictionary when it comes to open discussions. In a discussion each side should be able to put their views on the table no matter how muc hthe other party dislikes that. I also throw in a lot of material just to test the quality of the arguments of those that say they believe in XDSL. I want to see where I am wrong in case I am wrong. But so far I've only seen a pile of negative facts about XDSL. Some might disagree and I respect them as a person.
I think a stock board should not be a place where people who trade pump and dumps can do their free/easy promotion. Unfortunately, OTC stock boards have been used too often for that very purpose. It is a standard. I prefer to give new wannabe traders the full spectrum of information such that they can do their Due Diligence properly.
I am still researching some details about this company and their patent claims. Many patents are elsewhere hidden in another company. I have not finished my research about that, but will update you lads when I know more.
I am certainly not going to deliberately promote a stock I have more evidence to believe it is a pump and dump in the making. Unless I find evidence to the contrary that is the information I will share.
Mind you, I have 4 scientific degrees and prefer to discuss based on facts, not feelings. Hence I will continue to research XDSL and share further findings.
Didn't know about that. Than the rumor actually could be true that this will hit 0.30 any time soon.
Thanks for sharing that info !!
Can someone confirm?
I'm hearing rumors that this is going to hit 0.30 in 2 month tops.
I missed an explosive stock once as I did not believe a rumor the stock would go from a few cents to 6 dollar; 2 years later it was at 60 $ :( . Not gonna let that happen here again. To be certain I bought some shares of TRDX. But can someone who can confirm such rumor what the reason is for TRDX to possibly go to 0.30?
He just bought recently according to the statement.
What is more interesting is that according to the statement he did not have any share prior:
"5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)"
"1763063000"
That is the same number of shares that he acquired, implying Durando had no shares himself until recently. ZERO.
It could very well be that "XDSL is going to the moon" type of comments were to aid him in the pump. SEC link I provided is quite clear about what happened in the past. FALSE MISLEADING information was spread.
SCAM Follow-UP
Just for those wanting to know the relevant part of the link of the SEC I had shared:
"Durando became president and CEO, and Jaffe and Dotoli became directors. Durando, Jaffe, and Dotoli laundered restrictive legends from Durando's share certificates so that the restricted shares could be passed off to the public as "free trading." Durando then paid IP Equity, Inc., a private California corporation that operated an Internet-based stock newsletter, and its principals, M. Christopher Agarwal and Theodore Kunzog, to publish false publicity and bogus recommendations about PacketPort.com in order to pump up the stock price. The share price more than quadrupled following the false publicity, rising from about $4.75 to a high of about $19.50."
Source: https://www.sec.gov/litigation/litreleases/lr19465.htm
At that time Durando QUADRUPLED the share price through FALSE PUBLICITY.
https://ih.advfn.com/stock-market/USOTC/mphase-technologies-inc-pn-XDSL/stock-news/79093258/amended-statement-of-changes-in-beneficial-ownersh
1.7 Billion shares bought by Durando when the stock was worthless crap @ 0.0001. I suspect he was the one ditching @ 0.0002 and 0.0003. Just calculate the $$$ that would make him.
A reminder about Durando:
https://www.sec.gov/litigation/litreleases/lr19465.htm
Anyone here got a full list of patents Mphase claims to have the rights to?
After having dug up some old dirt I'm also researching the patent claims (as the last time I did was 5-6 years ago probably). It is very early on to give any definite statement but it seems (at this stage of my research) that MPhase does not even own most of the patents, but some other company. Later on filed patents seem pretty much all to be filed with that other company X not mentioned here. (Not Bell labs, ... that's too old to even bother mentioning).
Can someone share the links to the sources here of all the patents XDSL claims to have the rights to?
How many times did we read a news release with the headline "mPhase Technologies, Inc. Announces Strategic Discussions With [.....]" ?
Don't get me wrong, I don't have a problem with it if it helps those pump and dump traders. All the best to them.
LOL, I think I heard that one 10 years ago...
Pump and dump, that is all I see....