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This is going to .03-05 in the short term IMO
Gaps fill about 90% of the time irregardless of what kind they are. Sometimes it takes months after a run or sometimes hours. "Filling the gap" is on most traders minds and really it is a psychological effect that becomes a self full filling prophecy because everyone starts to think about it. It's doesn't matter here because we are going to bounce way up either way.
looks like around .0031
Agreed!! Folks are waiting for the gap and then BOOOMM!!
Hi RYJO
Im still here with all my shares and gonna be adding more here very soon. As evidenced from the PR today things are going slower than expected, as for the current share price and volume IMO it just impatient folks who need to get out. On a side note two other plays i'm in had their charts break low today too. So normal ebb and flow here in OTC land im not worried a bit. In fact im going into loading zone because i smell panic, and i love panic because that means i'm gonna make money. I still have 100% confidence in the CEO and product.
Great article on BTGIs machinery division, thanks for posting LoveAndLight. More evidence that they are getting ready to expand with a huge acquisition that I believe will be announced this week, per the CEOs interview. Moving right along cutting underperforming divisions and focusing on their core money makers. Pennies are just a start here.
Monster news this week IMO. An acquisition that will bring in 10 million a year.
From the CEO in march:
"We are in final discussions to acquire a lathe business that will bring in another 10 million dollars"
From the latest PR:
"We intend to be very active in this segment and anticipate additional growth in the VERY near future.”
From article cited by Prosper/high
Momentum Stocks
"We believe the company may surprise again soon"
With an announcement of another acqusition and or sale of the health unit .03-05 this week.
The company has been silent until this past week, when they all of a sudden dropped 2 PRs. With huge news on deck we are setting up perfect.
From the march 9th interview with the CEO:
"We are in final discussions to acquire a lathe business that will bring in another 10 million dollars"
From the latest PR:
"We intend to be very active in this segment and anticipate additional growth in the VERY near future.”
From article cited by Prosper/high
Momentum Stocks
"We believe the company may surprise again soon"
SRM4U I think your way to early to assume that no debt holders are taking the preferred series A and B, as the company doesn't have them to issue yet, have to wait till next 10q to see, even then some may have and some may be still considering it.
your quote:
Agreed. I think once folks have this weekend to digest all the info and potential here, this baby is gonna go up at least another 100% next week.
Thanks LoveAndLight!!! I agree with the many posters on here that compare this one to DOL*, the only difference i think it will get to .10 alot quicker IMO. We have a OTC gem here, and I think we hear some more good news next week.
CEO making all the right moves here:
Selling off the tech and ordinance div eliminates 10.8 million in debt from the books.
Dissolution of security and compliance more fat trimmed.
Preferred stock to other debt holders (non dilutive) brings down the debt to about 17mil total. With revs at 28 mil we are cash positive. A profitable sub penny play is unheard of. We won't be this cheap long.
Oh and add another acquisition like the CEO stated he was "in talks with" that he stated might "bring in another 10 mil in revs a year". KABOOM!!!
Yep .03 to .05 next week IMO.
Holy mackerel, look at his history the poor dude hates everything. and claims dilution in just about every post. poor little guy.
Its called building a base, go do your homework and look at ALL the other big runners lately you will find the same pattern Oh yeah and you better cover quick or your screwed.
You got that right! DOL* on crack this will move alot faster.
Added the dip!! Lets go!!
Yes they are, the CEO said as much back in March. IMO we hear some huge acquisition news next week.
This CEO is doing everything right, getting rid of the fat and focusing on the core business. Way undervalued here!!
Thanks for posting that. Yeah I'm thinking that's just a start for this one. And for the poster who said charts are meaningless that is literally the dumbest thing I've ever heard.
Can't hold it down much longer. Tomorrow we push through 01. I'll be adding more tomorrow am.
I'm in. churning looks great I see a bull flag forming let's bust through.01.
I agree. I think the psychological wall at .01 is just if we get current. Throw in revenue other than PC and I think multi-penny is likely. As for "when" I think we are getting close and it can be measured in weeks rather than months.
I didn't ask but he did say he was going to update shareholders with a PR about it. No time frame.
Moving forward, the auditors getting the finacials in shape for getting current and eventual uplist. Should be getting another court date for a hearing in the lawsuit, on that note the ABHI legal team last week began looking into legal options to force PC to begin paying them to use the patent per the contract (Per the CEO). Also in that same email where I asked him about enforcing the contract now that ABHI has the patent back he wrote at the end, "We dont need them" referring to PC drivers. I found that to be very intertesting. Good things ahead!
Second 8k released. Updated profile and verified address 5/24 on otc markets. Subtle but interesting change in agreement with voosh to me signals revenue generation is imminent. New board member does not get any shares or comp. yet. Step by step he's building a potential monster here. Won't be long now.
Just posted on the website:
Ambicom Holdings Inc Announces New Board Members And Adding Wlmg Holding Inc. As An Additional Sales Agent
SAN JOSE, CA / March 24, 2017 /AmbiCom Holdings Inc. (OTC-PINK:ABHI)
AmbiCom Holdings, Inc. announced today the addition of two new members to the Board of Directors of the AmbiCom: Kevin Cornell and Marvin J. Miller Jr.
In addition, WLMG Holding Inc. (OTCQB: WHLX) recently announced that, with the assistance and cooperation of AmbiCom, WLMG reached an agreement with Voosh LLC, the exclusive sales agent of AmbiCom in the enterprise market, to sell the AmbiCom patented optimization software in the enterprise market space as an Authorized Voosh Sales Agent.
Kevin Cornell previously served on the Board of Directors of the Company, and served as its President from May 14, 2014 through December 3, 2015. Mr. Cornell is currently the CEO of Voosh, LLC. Prior to his services as President of the Company, Mr. Cornell served as the CEO and co-founder of Veloxum Corp. from March 2008 to May 2014. Prior thereto and from August 2005 to February 2008 Mr. Cornell was the Chief Operating Officer and co-founder of Symphoniq Corporation (n/k/a Coradiant Corp). From January 2003 to July 2005, he served as the Senior Vice-President and General Manager of Finisar Corporation’s Network Tools Division and from January 1999 to January 2003, the Vice President and General Manager of Borland. Mr. Cornell also was employed with Fulltime Software (n/k/a EMC), MIPs, and Oracle. Mr. Cornell graduated from Ryerson University, Toronto, Canada and holds four patents in fiber optics.
Marvin Miller recently lead the legal team that resulted in the retention by the Company of its optimization patent in the recently concluded legal action in a San Jose, CA federal court action brought against the Company. Previously, from July 2014 through July 2016, Mr. Miller was General Counsel & Managing Director of Pelican Point Media, LLC and Pelican Point Capital Partners, LLC. Prior to that, from July 1996 through July 2014, Mr. Miller was a partner at Winston & Strawn, LLP, where in addition to leading the team prosecuting the Company’s optimization patent, he represented domestic and international corporate and financial institutions, hedge funds, and governmental entities in connection with a range of financing, corporate restructurings and commercial transactions, and from September 1990 through July 1996 he was an associate at White & Case, LLP. Mr. Miller graduated from DePaul University, and received his law degree from Fordham University, School of Law.
Patience my fellow ABHI'ers, big things coming real soon here!!
Absolutely!! As for a time line these types of cases usually take years, however in this case PC drivers has no leverage as indicated by their counter filing (a complete attempt to gain leverage), and the only reason you try to gain leverage is because you know you are going into negotiations. I suspect this case will go faster than most mainly because PC drivers is very motivated given the patent represents a huge portion of their revenue.
They are getting their briefs ready for both the appeal and the main lawsuit. Yes we are sitting on a gem, just as DD Dempsey said in his sticky, they are getting ready for mass distribution of the optimization product as evidenced by the WLMG and VOOSH deals. I think we are closer to revenues then most suspect. Just imagine where this could go with revs coming in, no toxic debt, going current.
Hi RYJO,
I think the CEOs definition of this week and mine are different lol. I think he's getting everything together to get the PPS up for good. He's not a fluff PR guy. The new website went live today so that's yet another step maybe he wanted that ready to go first. All I know is that this is a great entry price and that come next week (hopefully), we will never see these ridiculous prices again.
Yes per the CEO updates on getting current and "other information " relating to a deal he "finalized" last week. Every PR he has released has come on a Wednesday or Thursday. Late in the week.
Yeah I think that's been their plan all along. Get the patent back, get the litigation out of the way, begin generating revenues then merge.
WLMG is an authorized dealer of ABHI voosh tech and yes their website is currently under construction. ABHI is developing another website abhi/voosh speaks volumes on the future. This week is gonna be huge IMO.
Oh and he sent me this!!! Penny land here we come!!! Said they are still working on it but take a look.
ambi.vooshtech.com
specifically next week.
Just got confirmation from the CEO we will get updates on getting current and "other information" next week. have a good weekend fellow ABHIers.
No. Once ABHI got the patent back they lost most leverage. The only thing they have is the last contract they signed with the old CEO. But it's still win win they have to at least honor that contract which means instant revs for ABHI.
Hi skydog, I think you mean the prior CEO Hwang. It states in the court docs that ABHI couldn't afford to go on, they literally could not pay the lawyers so Hwang dropped his fight. Different story now that we have the money to fight back and ABHI won the patent back a few weeks ago. Now onto getting back pay from pc using the patent which they are still using very successfully today.