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RSI below 28 now...wouldn't be surprised if this pops on more traders' radars now. Shares are being soaked up here and I believe we'll see a reversal soon.
There is no dilution happening. SS was updated a couple days ago - showed no change... and its retail MMs selling.
FUNN share structure: https://www.otcmarkets.com/stock/FUNN/security
It will dry up, these are bargain prices imo. Growth is undeniable, all these self published games hitting stores throughout the world. All documented and verified. Such a big deal for this young company moving forward.
Just dumb retail selling. Will run out soon enough. But yeah the move back up will be quick imo.
That's a winning strategy. Seen it many times before. I've added more on this dip. Big run ahead of us.
Excellent post!
This setup is like deja vu with AlPP. Only I think KWBT goes higher...
Don't give ASCM any shares and we fly!
It's amazing what we've got going on here Beevo. FUNN is growing by leaps and bounds. It is not a small undertaking to produce multiple games and distribute them worldwide. The fact that so many retailers are wanting to stock our games is a FANTASTIC sign. More popping up every day and I thank you for the work you are putting into this.
We've got a growth company growing, and a market cap shrinking ($20M). Most likely in the next year we will have revenue higher than this valuation. Something will have to give at some point. Looking at the big picture, there is only growth that lies ahead, no matter the short term emotions at play.
FUNN share structure update 1/13 ~ Unchanged
https://www.otcmarkets.com/stock/FUNN/security
I’m not convinced the t-trade yesterday was dilution. Previous t-trades listed on the sell side, and almost always were avg price below the low of the day. Yesterday’s listed on the buy side, and was at an avg of .032, nowhere near the low of the day.
From investopedia:
“And investor sometimes can tell if a Form T transaction is by a buyer or seller by looking at the price the trades were entered at. If entered at the lower end of the day's range and the shares were under pressure, it's likely a seller. If entered at the high end of the range, and shares were surging, it's likely from a buyer.”
https://www.investopedia.com/terms/f/formt.asp
I’ll just continue gobbling the 2’s as long as folks will part with them.
Looking really really solid. Lots of room above for a huge run. Could be the darling of the OTC in the coming weeks/months.
Watch out for a nice red to green reversal today on volume. L2 looks really clear imo.
They keep coming in! More retailers selling our games in many countries. In store, online, through Amazon, and many more to come. Love this new stream of revenue! Great work Beevo!
I've been very pleased with the worldwide rollout. And I agree, based on what I'm seeing games will be available through Walmart at some point. With all the chatter out there in the gaming world about the game, the strong reviews, and many retailers getting games on the shelves, KTU is really gaining traction.
Gotta remember, this is not just a once and done revenue stream. This will be money coming in to FUNN for YEARS to come.
Another KTU German Playthrough Video: Almost 15,000 subscribers
More exposure around the world...
Walmart listings appear to have been updated
This caught my eye when looking at the Red Panda listing on Walmart. Something looks different. Is that an SKU number added to the most recent pic on the right? I had posted the image on the left in past posts, but it is most definitely updated now.
I don’t claim to know what it means, but I don’t think Walmart would take the time to do that update if they weren’t planning to sell the game sometime in the future.
Take a look at the before/after...
https://www.walmart.com/ip/Red-Panda-Card-Game-Exclusively-Sold-on-Walmart-com/979543007
(Video) Dice Tower: Kill the Unicorns Unboxing
These guys are well known in the industry, and this video features the retail version of KTU. Have to remember, we’ve all known about KTU for well over a year. But most of the rest of the world is just discovering it, along with Red Panda. More eyeballs on these games every day.
(Pics) KWBT Massive Manufacturing Base and R&D Institute
-Biological Fertilizer $16 BILLION market next five years
-Construction happening now; fully operational by end of 2020
-Annual production increase of 20% with new production line
-New Yangling manufacturing base on 8.7 acres
-KWBT rewarded with $438,000 and three-year tax privileges (from Chinese government)
-KWBT also awarded 10,000 sq ft of office space at no cost for three years
Pics of new Manufacturing Base
https://kiwabiotech.com/kiwa/kiwa-bio-tech-announces-official-government-approval-for-new-manufacturing-facility-in-china-free-trade-zone/
https://www.otcmarkets.com/stock/KWBT/news/Kiwa-Bio-Tech-Announces-Expansion-of-Fertilizer-Production-Capacity-to-300000-Ton-Per-Year?id=248179
(Pics) KWBT Massive Manufacturing Base and R&D Institute
-Biological Fertilizer $16 BILLION market next five years
-Construction happening now; fully operational by end of 2020
-Annual production increase of 20% with new production line
-New Yangling manufacturing base on 8.7 acres
-KWBT rewarded with $438,000 and three-year tax privileges (from Chinese government)
-KWBT also awarded 10,000 sq ft of office space at no cost for three years
Pics of new Manufacturing Base
https://kiwabiotech.com/kiwa/kiwa-bio-tech-announces-official-government-approval-for-new-manufacturing-facility-in-china-free-trade-zone/
https://www.otcmarkets.com/stock/KWBT/news/Kiwa-Bio-Tech-Announces-Expansion-of-Fertilizer-Production-Capacity-to-300000-Ton-Per-Year?id=248179
(Pics) KWBT Massive Manufacturing Base and R&D Institute
-Biological Fertilizer $16 BILLION market next five years
-Construction happening now; fully operational by end of 2020
-Annual production increase of 20% with new production line
-New Yangling manufacturing base on 8.7 acres
-KWBT rewarded with $438,000 and three-year tax privileges (from Chinese government)
-KWBT also awarded 10,000 sq ft of office space at no cost for three years
Pics of new Manufacturing Base
https://kiwabiotech.com/kiwa/kiwa-bio-tech-announces-official-government-approval-for-new-manufacturing-facility-in-china-free-trade-zone/
https://www.otcmarkets.com/stock/KWBT/news/Kiwa-Bio-Tech-Announces-Expansion-of-Fertilizer-Production-Capacity-to-300000-Ton-Per-Year?id=248179
FLGS stores are very important in the industry. These are the places that hobbyists congregate to play and buy new games. They share this very important common value with Snakes & Lattes: Community
Selling games first in these stores is kind of similar imo to fulfilling the kickstarter backers first. Put the hobbyists who have built the gaming community first. Eventually when there is more notoriety for the game, then get it out to more big box stores.
Here’s a good article on how FLGS stores operate: https://www.google.com/amp/s/www.rewire.org/living/friendly-local-game-store/amp/
Awesome update to the list Beevo! Can’t find another penny with as much growth potential as FUNN.
Gonna get wild...
KWBT Trading BEAUTIFULLY :)
And that's only the ones we know of at this point. Many more coming I bet.
It's in the hundreds right now and growing. Don't have an exact number though.
Nice and steady move today and KWBT will be buzzin over the weekend. Like how this is shaping up. Still waaaaay undervalued.
So out of touch. Many thousands of games have already been made and are being sold.
Games have just been released in this past month. Many retailers will still be getting games (I've got a pending pre-order for KTU). Great traction is being made and this is how game launches work. We build up demand and we are doing just that across the world. This rollout is undeniably huge for the company.
So what?
Lol, yeah
Is this a known fact? Should we stick with facts?
Or only when it fits a narrative?
Want to see continuation today. I'm totally fine with slow and steady rise. Prefer that actually. Way undervalued and a correction is in order. $KWBT
Every day more and more places selling our games worldwide. Thanks for all the digging Beevo! Love this new revenue stream for FUNN!
Nice day so far...believe we can see steady gains moving forward. Big time undervalued $KWBT