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This has been covered ad infinitum. Lattuca = irrelevant. I see, months later, you're still posting all sorts of silly things.
GEGI going up.
$$$GEGI$$$
Exactly Havoc. That's a fact.
Regrets. We've all been in that situation before (at least when you're new to OTC). Best is to be patient, especially here where the pps won't go any lower. Only upwards from here with news.
Great stuff, let's see our patience pay off now!
Forgot to mention, a relative of mine (not on iHub) has 1.5 million.
Whoa, what happened here? Been sitting in the red with 0.08s for a while, and then ....
Everyone should be ecstatic with this stock. Longs making (and will continue to make) money. Short sellers making money. Flippers and day traders making money. Chartists making money. Note-holders making money. It's incredible. OMVS is a money printing machine.
$$$ OMVS $$$
As much as people are complaining about dilution, etc., do yourselves a favour and read through Knightscope's offering circular and the subsequent supplement they filed.
IMO, you will appreciate that OMVS/RAD is the best option right now for this disruptive technology. Although Knightscope has about a 3-year head start (i.e. founded in 2013), this market is wide open. Knightscope fully acknowledges SMP/RAD as competitors, along with Gamma 2 Robotics, Autonomous Solutions Inc., Sharp Electronics and Cobalt Robotics. All of these competitors, including SMP/RAD, launched in 2016 and 2017. Again, the market is wide open. By the way, Knightscope not only has net losses of approx. $3.4M at end of 2015 and $5.5M at end of 2016, but bankrolled the first 2 years of their operations by selling large amounts of convertible promissory notes which, of course, were converted to shares by the note holders.
The sort-term flippers want to focus your attention on the potential catastrophe waiting to happen with all the potential conversions and the resulting dilution. They ignore the prospects of refinancing the convertibles and the fact that RAD will obtain debt financing, much like Knightscope has very successfully managed to do.
Also, check out the competition (Knightcope robots which look like R2D2 without legs, Gamma 2 Robotics which look like a kids toy, ASI which doesn't seem to have anything, Cobalt which look like an expensive portable humidifier, and Sharp which look like a Japanese Tonka truck). Given the emerging technology here, this is a long-term play and - if you're paying attention - OMVS/RAD is the best option.
Maybe they've been affected by the weather... did northern Texas get hit as badly?
I too love unnamed parties, especially since it demonstrates RAD is complying with the NDA and thus abiding by the rule of law unlike other penny scams.
$$$ OMVS $$$
Have a good long weekend Cheds and rest of OMVS team. Keep your chin up. I'm off to Monaco and Switzerland on Saturday; hold the fort down for me while I'm gone. I'll check in periodically.
$$$ OMVS $$$
RAD R&D = irrelevant. SMP R&D = very relevant.
"Greater Fool" is an unduly pejorative term and this so-called theory has faulty presuppositions. It's all about supply and demand, that's it. The share price will react accordingly. This applies to all stocks, including exchange-traded ones.
In any case, I'm fine. At $0.192, I'm riding on freebies and up $167,503.71. And I'm holding because we will get to at least a dollar per share as RAD (which is only 13 months old) develops its business.
GLTA
$$$ OMVS $$$
Yep, quite simple really. It's called the Bespeaks Caution Doctrine. It's mandatory to protect against speculative lawsuits.
I got just under 4M shares and have been waiting quite a while (and averaging down a bit when we seemed to hit bottom at 004s). Will continue to wait this one out as I think we should eventually get something. Apart from the delays and lack of being appropriately apprised, this still has great potential. Low float (with controlled & minimal dilution as mentioned earlier), possible debt financing, large acquisitions, etc. Just gotta weigh the risk v. reward at this price and it still looks decent imo.
Awesome find, thanks Ram!
$$$ UOIP $$$
Awesome Cheds, great to see you in this now. We're going places in the long term no doubt about it. Everyone has made money on this one, daytraders, longs, etc. And plenty more to be made now that this acquisition has been formalized.
$$$ OMVS $$$
Sorry, never heard of Street Sweeper; however, did you read the reasons they've provided??
For example:
- Institutional Disinterest. Big banks avoid owning this stock.
.... uh, it's a pink-sheet stock, does this really need to be explained?
- Insider Sales. The CEO just sold 100,000 shares of the company stock.
.... uh, insiders sell all the time for a million different reasons. The real question is what percentage of his entire shareholdings did he divest himself of? (answer is under 5%)
And then to say it's going to drop back down to 55 cents or, in fact, much lower, is hilarious. It may drop after a bunch of green days, we'll see, but this article can't possibly be taken seriously IMO.
Based on the extensive DD available, I would find it very hard to believe that this merger will fail to consummate due to either (i) the whole thing being a well-developed scam or (ii) some 11th hour closing technicality that torpedoes the deal.
It also seems people keep making the same error in judgment over and over and over again. If this August 31st deadline is missed, it means absolutely nothing except that some people will get shaken out and sell out of fear. It certainly doesn't mean that the merger won't happen. If this deadline is missed, the only reasonable conclusion would be that they shouldn't be Press Releasing anticipated dates anymore. I know some of us are in EL*Z. In that one, you don't see Tecco Press Releasing target acquisition dates for Yo Ranch, Burks, Wiley Lease, etc.
IMO, there's every reason to believe we'll meet tomorrow's target date. However, if we don't, then I don't think they'll PR any new target dates and it'll just close a day or two later followed by a PR confirming the acquisition. There's certainly nothing to worry about in any case.
$$$ OMVS $$$
Glad I averaged down this morning. There's life here and, at this rate, I'll be back in the green by end of the week.
Cheers TL
I need a 5-bagger from here to recover my original investment in this one; perhaps this is a good time to average down.
Thanks TL, good call on this one. Got a starter yesterday @ market open and was tied up the rest of the day until late and only now got to look at some of my tickers. Adding more today. Cheers my man.
Next stop, Paradise City. Hence Steve's cryptic Tweet with Matt Sorum. The writing is on the wall.
Of course they're accountable when posting on social media, such as Twitter, so long as it's done in accordance with SEC Regulation Fair Disclosure. Common, you don't have to be a lawyer to know this, just use Google. A lot of lazy DD here and it seems people have now come on this board posting all sorts of exaggerated nonsense.
The real question is what's the problem with Steve, who is the owner & executive of a private company, disseminating information about his own company? What SEC rule has he violated? Other than being prevented from buying or selling OMVS stock if he's in possession of material, non-public information, what's he done wrong? Just curious as I haven't really looked into this? My best, educated guess is he's done nothing wrong and that people are mixing up his status as owner and executive of a private company with OMVS which is publicly-traded...
I agree with Bluebird, competition from Knightscope (if it is, in fact, competition) is a good thing, especially in this unsaturated market. However, as successful as Knightscope appears to be, they have had their share of "incidents":
http://www.marketwatch.com/story/mall-powers-down-security-robots-after-one-bumps-into-toddler-2016-07-13
https://arstechnica.com/tech-policy/2017/04/silicon-valley-security-robot-beat-up-in-parking-lot-police-say/
https://www.washingtonpost.com/news/the-switch/wp/2017/07/17/a-security-robot-fell-into-a-water-fountain-at-a-d-c-office-building-and-the-internet-went-wild/?utm_term=.989c7e3d8d1d
Then, as much as has been written about Garret's past deficiencies, read about Knightscope's CEO, William Santana Li, and his failed startups, including Carbon Motors based in Connersville, Indiana --> $7M in grants from local government for a production facility that was supposed to bring 1,300 jobs, another $21.7M received from private investors, etc., and all right before Carbon Motors declared bankruptcy.
IMO, we're good here.
We'll all be changing profile names soon.
Looking forward to next week!
$$$ OMVS $$$
Have a good weekend OMVS_MILLIONAIRE2
:)
I'm sure every chartist will tell you it's perfectly fine; it's still above 0.16, even with dilution. Yes, someone does know something: it's the noteholder & he knows he wants to make quick money on a positive newsday.
OMVS
Exactly, well put.
Many, many, many external "hints" here.
The acquisition is obviously in the bag when OMVS is PR'ing about RAD.
IMO.
Well, I hope, for everyone's sake, we close by the target date and then this current $0.20 area will become the new $0.02 area (that many longs got in at) and we'll move on to new heights.
I originally thought we'd close at least several days before the new target date of Aug. 31st, but with the file going back to the auditors recently to see if there are anymore requests, it may be we close much closer to Aug. 31. Let's see....
$$$ OMVS $$$
I've worked on deals where the completion date was pushed back several times and, by the time the closing was finally done, an additional year elapsed from the initial closing date. This is not unusual, so I'm not worried.
You're absolutely right though, some people will jump out if they miss this target date. But that's OTC, people want to move to the next runner ASAP while jumping out of anything they're in that could potentially crash. It's mostly a flippers game.
I've been through a lot of ups and downs with this one and I'm not going anywhere unless it's clear that this acquisition is going to derail - IMO there is absolutely nothing to remotely suggest that right now, quite the contrary.
Give it a bit of time. Just like any other company, it takes time to get things done. Like in every OTC ticker, it's a risk vs. reward analysis. If you're uncomfortable because they have no solid business plan or no revenues or whatever else, then don't invest until you are comfortable. But you know this already.
Honestly, even if the acquisition/merger isn't formally completed by the end of the month, it doesn't really matter because it'll be completed shortly afterwards. We've rehashed the issue of the meaning of the RAD acquisition's expected closing date vs. legal closing date at least ten times on this board. No sense beating a dead horse.
As for RAD finding the necessary funds from a private source, I agree, they may very well do so; however, it will be after the completion of the merger/acquisition. Read the LOI and see what happens if RAD doesn't close if, as you suggest, they decide to kibosh the deal on account of getting the "necessary funds" from a private source. Also, you're assuming RAD has agreed to this acquisition because they can't obtain private funds or, alternatively, they can't obtain enough private funds. Even if that's true, which is unlikely, what private source would fund them specifically as an alternative to the OMVS acquisition while they are in the middle of this deal?? There's a lot of disclosure that's required for these closings and the last thing any lender or buyer or financier wants is to end up in a lawsuit because they've interfered with a contract.
Good luck to you Boston, I hope you come around and see the glass half-full here.
Watch & learn how OTC is played.
$$$ FERN $$$
After the RAD acquisition we won't be trading on the OTC for too much longer. A few pumpers always say this about certain pink-sheet tickers, but this is true here. It feels almost too good to be true but, in some rare instances, this uplisting to Nasdaq has happened and anyone who's able to read and do some basic DD can see that it's going to happen here also. What a time to be invested here!
$$$ OMVS $$$
Reminds me a little of OM*S. New CEO announced company was taking a new exciting direction just before May. Low float, price was at $0.02 and $0.03. My, my, my what a little patience can do....
Simple logic, brother, love it.
Too many expecting tickers to go straight up. A 3-day, 10-bagger seems to be the common expectation on every board. Patience does not exist.
Wait for the catalysts and make money. Simple.
$$$ FERN $$$