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What you are missing, is this is a letter from Pablo. It is not included in a lawsuit or confirmed by SIRC. You really want to believe the one sided argument being provided by the man being sued by both of his most recent employers for fraud?? With the revenue USN brings in, it wouldn’t make sense to rescind the acquisition of its already paid for and producing more than it costs. I will wait to see it in the rescission of USN in a lawsuit before I believe a word of it.
Usually, Troy tends to be very conservative in his revenue guesses. I also found it strange that revenues were so much lower than I expected this month, but not impossible still hit hit forward looking revenue guidance of $225 for the year.
I believe, and this is firmly an opinion, that several jobs have been delayed by not having received additional funding. I believe Massey and Troy firmly expected to have alternative funding several months ago and the recent state of the economy changing and interest rate adjustments have affected the deals they were trying to make.
Regardless of that, there have been several mis steps, there is no denying or sugar coating it. But there is light at the end of the tunnel. There really are only 2 options for this company, it's going to BK or going to explode. I think it's the ladder of the two. I don't think there is any way it will fail, and think we just a little more patience, we start seeing the light.
Looks like your info is all skewed, not sure where you are getting any of your info. Mediatek has no opinion on SIRCs value and are no longer representing SIRC. No one has said their value is currently 300 billion, but they do feel they can get to NASDAQ organically.
Wanda is not gone.
Sounds likely they are basically integrating everything so when rebranding to SolarEV or a different name it will be rather seem less. They were likely going with SolarEV, but the partnering bank may have had other ideas, better ideas perhaps. Or could be the new BOD who they plan to bring in as consultants prior to being on the BOD. Sounds like there are a lot of changes happening behind the scenes and they are just giving us a glimpse of it.
He didn’t hint that revenue would be lower than last years, he stated he expected 200 mil.
Wrong, I just called and it works fine.
1877987276527
I’m just hoping daily there is a bigger picture that we can’t see and that soon it will all fall into place…hoping and hoping.
I doubt it, but it would be nice
That’s a fair point I didn’t think about. But if they want to start playing with the big boys and get rid of the stigma they don’t do what they say they will, then it would certainly help.
I disagree. I don't think the decrease in SP has much to do with retail investors. Yes, it does a little, but most of it is tony selling to get shares and the overall market. I think skimpily having completing the sec filing drastically changes everything. Getting funding will also make a huge difference. How long can you hold out? I think by the time we get Q2 #'s, we won't be worried anymore.
I don't know much, but from the people I have spoken to, otc pink vs qb has very little difference. otc pink and sec filing has a lot more credibility than Qb and not sec filing. From what I have read, I completely agree. Qb offers very little value with the exception of completing a promise, but personally, I want it completed.
Am very confused on this myself and was told it's not a priority. I understand the response but don't agree. It's been a promise for a lone time, and they definitely qualify, so would like to see the box checked so to speak. As to why we are not there, I am very confused.
While the sales number looks great, there is no telling how much of that will turn to profit. At one point Pablo had stated I believe the only 70% of sales turns to profit, the rest change their minds. That number may be 80%, but I don't remember. At 70%, that would put Q2 sales turning into revenue around $50mil
They should basically stop completely telling anyone anything they plan on doing, and tell only what they have done. They have not been able to meet a single timeline given in a year, so why do they keep trying. They need to do a full stop on that and just PR what's completed, and only what's completed. They have made several missteps, but remember, they are a pink sheet company, this is what is expected. What hoped for better but haven't gotten it yet. We will though, how patient can you be? I was really angry for a long time to, but i decreased my expectations to 0 for the next 3 months. Now I will be happy with any accomplishments.
Clearly they do not meet the requirements. I didn't say they were close to being there, you even quoted me stating that if we are as close as HE PORTRAYS.
Ok, so I just read about who you spoke to, and I am not surprised in the least that none of the receptionist knew what you were talking about, or would admit they knew. Once again, this is executive level information. Not sure if you have ever worked for a large company, but this would not be information spread around to average employees. And yes, I do think it is more likely that Massey told Investors rather than employees. I think he was going to resign soon anyway, with or without the funding. I think he fully thought he would have it by then when he said that and would still resign later when that finally got to the NASDAQ. I think the only reason he said it this time was to save face for his previous comment, but he didn't specify a timeline. He said he's getting a new team in place which will obviously take time. It will not be quick.
I too am pretty pissed about the way things have been happening lately, and though I choose to hang out on Discord rather than here, I'm not a cheerleader like some of those guys. I don't think the company is failing, not even a little bit. I think they are going to be monsters in their class, but are definitely having growing pains. A lot of the frustrations, aside from SP, are simply from Massey sharing things he was excited about and giving timelines outside of his control and knowledge. It was not smart to do, but I don't feel it was intentional in the slightest. Not paying his debt to Tony and letting him dilute us is his fault, but he also took Ed Kaplan and Darin Pastor at their words that funding would be had in time. Had given accurate timelines themselves, maybe Dave would had found alternate means then and Tony would had been paid off before diluting us and holding down the SP. Any way it goes we still would had dropped significantly with the market.
He did say that yes, but he didn't say it was effective immediately. I'm also wondering what employees you spoke to? In general, most employees will have no idea about these kinds of changes until after they are complete. It would take way too much company time to update all employees of everything happening behind the scenes of their own companies, let alone their parent company. Only certain executives should be privy to this information until it's complete. Just my opinion at least. And the only reason I think he even mentioned on the discord was to let people know it was coming, which I think it was coming anyway, but think he just wanted to address it. If NASDAQ is as close as he seems to portray it being, he will likely step down soon after. If he takes longer, I'm not sure. Mediatek also confirmed he was stepping down, but gave no timeline either.
What are you talking about with the discrepancy between the employees and Massey? Did I miss something?
Because doing business costs money, and they are expanding so rapidly, that not having additional funds slows the rate of progression.
Why? No stocks trading? Hope life is well for you beyond the SP.
All information and chats from the discord are displayed on mediateks website. People may not be able to participate if they get banned, but they can read all the information.
Glad you are back and healthy. I know your timing sucks. I give it 6 weeks before I reevaluate my position. In 6 weeks, if we are not on qb at a minimum, then there is a problem. If Arbiter funds are. It here by then, also a problem. I’m assuming you already handled your tax liabilities and you are good to wait a little this time and not stress as bad hopefully.
Correction. He stated a $100M/quarter after the acquisitions with binding LOI’s. Those will happen after Arbiter funds in 2 to 29 days.
Then go to discord and get numbers based on facts
https://www.theswiftcodes.com/
He’s not wrong, he’s most definitely right
Nope, no clarity. They are waiting on the swift code. Swift codes are only given out once a week on Saturday’s, so maybe next week.
Timmy, haven't seen your posts in a while, you still around? Curious on your take with the Q3 earnings report and where we go moving forward.
Considering they have been improving quarter after quarter, leadership as well as sales, I doubt they blow it. They have been improving on every standard of metrics available, so I have high hopes.
Was supposed to say Mercutos, stupid auto correct
The first one….most people wanted roofing out of the name.
2–Renewable Energy Power Solutions, it’s a long name, doesn’t quite roll off the tongue.
Maybe
Green Energy Solutions?
Green tech solutions
Solar and green tech
Green solutions
Green life tech
Green life solutions
Lots of ideas, just spitballing with myself
Hey Mercury’s, any word on when it will air?
He mentioned paying off a $200,000 note. I didn't catch the name, but would assume it's the correct one.
We talked about this Mike, your not allowed to make price predictions anymore :P
Exactly. Wednesday will tell the tale
And the significance of an inverted hammer is?
Oh come on…even the younger guys have. I’m 37, and used to watch them on late night tv. Maybe the 20 year olds haven’t…..maybe
Mercutos, one thing I don’t understand about this agreement. If SIRC has a $90mil deal to supply components for the work, but not do any work themselves, how is SIRC actually making money on this? SIRC does not actually manufacture any components, so are they being paid a fee as a middle man to procure the parts? Probably a better question for the Q&A, but to me it doesn’t seem like to be an opportunity/deal.