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I am still holding ask gladeshawk lol. Will check in once in a while to get updates. I still believe it’s a great target for some of the tier 1 big boys to buy out. Lol wishful thinking or …
Good we need something good to happen.
Any updates? Any possibility of becoming a fully reporting company?
I lost 6k on this shit
POS company
Any updates to this shell? Will they be selling it off soon? They need to
What happened to their acquisition???! Any updates to when they will report their FS to the SeC
What’s going on. Any buyer of the shell? Can they get it to. He reporting?
How is the California acquisition going?
This one still acts like a small cap. ?????
Very good points. I can live with this.
I miss the old company.
I invested in the pre ipo shares of a company called GEIN and they had real revenues and real assets. I am very dissatisfied with cooking oil. In fact how do you go from advanced manufacturing technology to dirty recycling oil????? What kind of business is this.
Any updates?
I hope a good revenue producing company RM with this POS and files new 211 to get compliant and start reporting. I am stuck in this POSshell.
Any updates
Any RM candidates. Got it seems like no man’s land. Just quick sand. I pray that a revenue producing company takes over and gets the 211 filed and reports.
The company should have kept the rob cemtrex division. That was the bulk of the revenues.
I realize it was lower margin work but they had the ability to offset losses. Now they are in a battle to increase too line numbers to cover the losses. It’s a tough with such a high burn rate
Market makers are shorting this stock.
https://seekingalpha.com/news/3883007-air-industries-bags-5m-contracts-for-blackhawk-chopper-components-jet-engine-parts
This is great news when most machine shops are fragmented in the aerospace industry
Patience I believe for the short term. Once they have all the redesigned products ready by the San Diego product team for field trials with big name stars it’s marketing will pick up. J4
Great news. Good fundamentals
Good press release. Good message by ceo. Excited to see the launch of the new warm up product line.
As a product designer that has 2 patents, I am certain that we are able to create new intellectual patentable technology with the team that we have in place; our goal in completing this will be within the next 90 days. A complete revamp of the WarmUp line J4, J4X, and the J4 core belt are all underway, and we are beyond excited to show the world the upgraded versions, that will have world class performance, and functionality.
Convertible debt is not your friend
There is a lot of conversions from the death spiral hedge funds.
I am just hoping they convert and get out of this deal. Fund the company so the company can achieve the objectives and then this thing explodes.
Yes it’s wishful thinking but I am stuck underwater big time.
I get it that the company wants to show revenue but cooking oil is a Bad choice. Why not go after a better industry. There is no common ground between cooking oil and wearable tech. Let’s hope it’s an loi that won’t go through and bring back the focus onto wearable tech and devices.
Very good to see a diversified board. Building out the management team will only benefit the longer term strategy of the company IMO.
Building a nice base here at these levels
Steady volume. Nice activity now.
Power Up
In my opinion I believe Mr Kramer will play nice with the notes. Usually power up does fundings between $85-100k. I think they will work with the company to maximize their own returns. People forget the company went public to raise capital so they can execute their business plan. They need capital to purchase inventory etc. There are not many options on the OTC to raise capital. This may look bad but I think will be absorbed by the market if it’s a small tranche of 75k. Let’s hope it’s a small one. Another point is if the company starts producing revenues from deploying this capital then none of this will matter.
I hope The board of directors are probably guiding. I am still patient for now.
KENT is da man. He got it done. Patience paid off.
Good volume and looks to me that executive management is executing the plan very well. Fintech and advisory business is hot.
Getting excited with new executive team. I hope they get the CE off and put a strong plan ahead. I hope they can.
Very good volume (entire week). New base forming here.
Small Business Development Group (OTC: SBDG) Signs Definitive Agreement to Acquire Sports Merchandise and Memorabilia Company
Oct. 12, 2021 7:00 AM ETSmall Business Development Group, Inc. (SBDG)
CARY, NC, Oct. 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Small Business Development Group, Inc. (SBDG) (www.SBDGStock.com) announced today that the Company has signed a Definitive Agreement to acquire a U.S. based manufacturer of licensed sports products and sports memorabilia.
Edge Innovations designs, develops and manufactures scalable licensed retail products which are sold in multiple high-volume consumer sectors. Its innovative, patented product lines are poised for exponential growth.
“Edge Innovations’ patented products, including the very popular www.blingware.com line, are American made products with high margins. With its access to global licenses and its ability to sell products through a billion dollar online retailer, make it an especially solid investment for SBDG,” said Roy Y. Salisbury, Small Business Development Group CEO and Chairman. “With fans back in the stadiums, and with the Blingware line, now is the time to make an acquisition like this.”
"With live sporting events back in motion, we are excited to get existing products back into our distribution outlets in stadium stores, as well as new product lines of commemorative cups for stadium giveaways, and souvenir cups for concession vendors. Moving forward, we are looking to add hot market and on-demand products -- so, for instance, immediately after a team wins a championship, our products will be available to their fans," said Gary Merten, founder and CEO of Edge Innovations.
"We've known Gary for some time, and he is the kind of entrepreneur we want on the SBDG team. This is an industry that I have a long history in. I am looking forward to helping develop memorabilia, limited-edition concepts, and essentially creating more product lines to add to Edge’s excellent list of SKU's," said Brian Jue, Small Business Development Group Chief Operating Officer and a Director.
I am happy to see David cutler. Whoever it may be. Sounds like he can help turnaround this company. Cant wait to see it go in the right direction.
Confused
If the management have criminal records. Don’t they have to disclose this information in the quarterly filings or annual filings? To the investing public? I couldn’t find anything. Based on my basic DD all I see is that they are aggressive M&A players. Similar to Private Equity. Did I miss something.
Only reason I bought this stock was based on all the deal announcements news PR they were making.
Let me know if these deals are not happening now?
Cemtrex Provides Corporate Update on Business Operations
Brooklyn, NY, Oct. 12, 2021 (GLOBE NEWSWIRE) -- - Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, today provided a corporate update on its business operations, financials and industry outlook.??
Cemtrex is a diversified holding company with operating brands that now include:
Vicon Industries Inc. - Creating the best video surveillance solutions for commercial, industrial, and government applications.
SmartDesk - State of the art, fully integrated, intelligent workstations for modern workflows.
CXR - Realizing the potential of VR/AR by offering development services, building in-house VR/AR first brands, and investing in best-in-class companies and brands.
CXR Inc. - Creating VR / AR solutions for third party brands like Richemont, Modelo and more.
Bravo Strong VR – VR Gaming Studio working to develop action and adventure facets of the spatial computing metaverse
Virtual Driver Interactive - Training solutions for novice drivers.
Advanced Industrial Services – Single source, premier industrial contracting firm.
Goodtech (formerly CemtrexLabs) - Full-stack, creative technology lab specializing in enterprise, web, and mobile development, user experience design and innovative engineering services.
“Throughout the second half of CY 2021 we have continued to see demand improvement as the economy has reopened and businesses are returning to pre-pandemic operations,” said Saagar Govil, Cemtrex CEO. “In response we are investing in sales and marketing staff across the board to grow our business and increased R&D spend to drive innovation. We expect these investments to drive top line growth over the next two to three years. Additionally, we continue to evaluate acquisition opportunities for strategic growth. Operationally we are advancing our product development and pipelines across all our brands."
“This year we made substantial progress in our product roadmap by releasing a brand new NDAA compliant state-of-the-art camera line, a new high end sever line, as well as some exciting products like our 360-degree multisensor camera and thermal kiosk camera. Vicon will be launching a proprietary AI based analytics solution next year as well as major improvements to its core software platform Valerus. We remain positive on our outlook for Vicon as the Security Technology market continues to improve and with on-going investment into the product roadmap and business we expect ongoing momentum with our internationally recognized brand."
“In the first quarter of 2021, we announced the next generation SmartDesk, the SmartDesk Connect. The product is an evolution of original patented SmartDesk, providing many of the same features but also allowing users to use their own laptop instead of a built-in PC. SmartDesk has experienced some supply chain and delivery issues over the last two quarters resulting in limited product deliveries of SmartDesk Connect. However, we expect these issues to resolve in CY21 Q4 and we plan to ramp up our sales and marketing efforts thereafter."
“Bravo Strong has continued with the development of our first VR game and expects a beta release of StarForceVR in Oculus Quest App Lab in CY22 Q1. StarForce VR is a first-person shooter experience that is based off the popular sci-fi series, Star Force, by BV Larson and we expect interest for this game based on this bestselling author’s series."
“Looking ahead we are highly committed on executing our development roadmap of next generation high tech products in IoT, AR & VR, as well as in Artificial Intelligence and Machine Vision for security applications. Our positive outlook for 2022 is driven by a focus on innovation and product development, and by the achievements of our operating brands. We expect an improvement in our business as the pandemic recedes and with our operational investments are well positioned for long term growth,” concluded Govil.
About Cemtrex
Cemtrex, Inc. (CETX) is a leading multi-industry technology company that is driving innovation in markets such as Internet of Things (IoT), Augmented and Virtual Reality (AR & VR), and Artificial Intelligence and Computer Vision (AI & CV) in a wide range of sectors, including consumer products, industrial manufacturing, digital applications, and intelligent security & surveillance systems. www.cemtrex.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the closing of the offering, gross proceeds from the offering, our new product offerings, expected use of proceeds, or any proposed fundraising activities. These forward-looking statements are based on management’s current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward looking statements. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. These risks and uncertainties are discussed under the heading “Risk Factors” contained in our Form 10-K filed with the Securities and Exchange Commission. All information in this press release is as of the date of the release and we undertake no duty to update this information unless required by law.
?
Investor Relations?Chris Tyson?Executive Vice President – MZ North America?Direct: 949-491-8235?CETX@mzgroup.us?www.mzgroup.us
Maybe they might do an acquisition soon?
Same here. A little patience. In my opinion a lot to be gained once commercial aviation turns the corner. Upside is looking good. Long on $AIRI
New Developments and Progress. $FORZ
From the latest 10Q. The company has been busy in R&D. Possible patent filings? For the V1 base model?
Research and Development; Intellectual Property
As at June 30, 2021, the Company is developing proprietary technologies that will give it an edge in competing with its competitors. We are in the process of filing patents to protect our IP. File utility, design, full spectrum patents on the created IP. The Company will also register product as Medical Device so patients with chronic pain can get the product free through insurance.
Suppliers
As at June 30, 2021, the company currently has developed beta samples in China that have patentable IP. Our V1 base version is manufacture/retail ready.
Sales & Marketing
As at June 30, 2021, the Company is actively working with current and former professional athletes who are not only using the product, but investing its future success. It is no secret that athlete endorsement is both tried and tested marketing strategy to appeal to the masses. Our athlete ambassadors and investors will actively leverage their social media profiles to promote the product Online. With tens of millions combined followers between them, the opportunities for exponential growth are pronounced.
Convertible Note Holder
This is incorrect. The new ceo or old ceo are not involved in selling any shares. They would have to file form 3 and form 4 within 2 days of the transaction. The company has a convertible debt note holder. See 8K That’s who is probably selling and converting. Read the super 8K when the takeover was done. Certain liabilities carried over specifically a convertible note. This is where the downward selling pressure is coming from. In my opinion the note holder will probably be out (position) of this soon at which point it will move upwards with very little noise.
People need to be patient with $FORZ
Just my opinion do your own DD.
Good news overshadowed by global turmoil and overall geopolitical problems
IMO they should have waited with the news release.
I am long so it really has no effect on me.
Sounds like you have a short position on FORZ?
Haven’t see an 8K either. Probably later today?