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That’s nothing dude. Someone throws $100 or $200 and lets it sit until the OTC recycles itself and someone buys the shell or pumps it from the grave
Their certification for OTCQB is already submitted. Which lists the OS. They cannot do a RS anytime soon! They also have absolutely zero need to do an RS because they already meet requirements for OTCQB uplist (.01 pps).
Maybe in the future they’d do one to uplist to NASDAQ. But for now, there won’t be any RS
And don’t forget, debt WONT mature until 2019
1.2m in Q1 is a 1500+% gain over 3017 Q1. CEO claimed he would shatter records, and DID! And the best part? Some big contracts weren’t even included in this Q because they happened during April and May!
Oh, and don’t forget uplisting!!!!
Nothing is going to convert. It will not effect PPS! And notes do not convert I until 2019!! Plenty of time to RUN
ALL. ACCURATE.
Thank you brother! Just trying to be informative. Maybe we can stickie it
Lololol yeah man, I hate being in a stock that does 1,553% increase in revenue from last year. Clearly you hate money. Sorry to hear you’ll be chasing.
DEBT. IS. NOT. BAD. It’s necessary. You likely have a credit card and put stuff on it. Guess what, THATS DEBT. This is a massive company dealing with F500 companies (plural) so they need bigger credit cards while they’re starting off. Then, as revs continue to increase, they’ll pay off the debt before its due!
This is the whole purpose of debt people!!
The company is going to be massive. They keep announcing huge sales and contracts. ALL SHOWING ON THE NEXT Q!!!
Oh, and don’t forget, UPLISTING TO QB!! So they can’t play dirty! They are no longer going to be in stinky pinky land!!
Just have to look to the website to see names. FB, SouthWest, PepsiCo, and WAY more
Revenues increased by 1553%!!!! Holy crap $DIRV!! Debt doesn’t mature for another year either! PLENTY of time for this to run HARD with ZERO worries about debt hitting
Surprised no one is talking about the GREEN T trade for over 1 MILLION shares at .0145
Today should be fun!
So you need to keep in mind that end of November we JUST started rolling out deployments. Each month they’ve likely grown exponentially. Meaning revenue has grown exponentially. Now we also have SCOT, which only a week after ISC/becoming available to clients, we have orders coming in and deployments happening. Also unlike the bot, SCOT is 100% rad (no cut to SMP).
There were no “failed” robots lol they had several POCs that were completed. Successfully. Just because they didn’t go and say “hey guys they all bought one” doesn’t mean that didn’t happen. They likely ordered bots.
We also will see just how many bots have been deployed when the annual comes out.
Lastly, the debt. Yes, they took on quite a bit of it. HOWEVER. It is not toxic. A company like this (tech startup) almost always needs to take on significant debt in order to begin production and keep up. The debt is structured in such a way that the revenue we have each month will pay for the debt so that it does NOT convert into shares. The company has already displayed responsibility with debt as they have paid off debt early so that it does not convert. SR also hasn’t taken money out of the company. He keeps putting money INTO the company. Again, very responsible.
Loans (aka debt) is not a problem when the company uses it how it’s intended. Much like the lay person and credit cards. The idea isn’t to default. It’s to pay it off each month.
They’re setting themselves up in an amazing way to be the leader of the industry.
They’ve been winning awards and getting recognition from industry publications and organizations alike.
Amazing things are happening. We unfortunately don’t know it all (yet). But we will have a better idea each and every quarter.
PR OUT!!!!!!
2 SCOTs deployed at “one of its big box retailers”
MEANING MORE THAN ONE BIG BOX RETAILER CLIENTS
Idk off the top of my head. Annual report comes out end of May-ish (90 days after feb 28th, which is their end of fiscal year). Sooo Q1 2018 should be out in August?
I disagree. There is debt yes, but a lot of it won’t mature for some time. I’m sure the plan of the company is that as their revenues increase, they’ll be able to pay off their debt in a responsible and timely fashion to avoid any of it maturing/converting.
You know...the way loans were originally meant to be used lol
I believe this is an amazingly “hot stock” to own! It is set up to be the leader in one of the emerging markets (Artificial Intelligence).
Keep in mind the numbers in the Q are from November. So we will have a much better picture of where the revenue is and how the growth of the company is going from the year end, but even more so, the 2018 Q1 :)
Someone should alert Allied Universal...a 5 BILLION dollar company. Damn. Lmao
Damn. Such a short sighted view. The debt has actually be renegotiated into more favorable terms. There isn’t the toxic debt anymore. And they’re spaced far enough out that they can be paid with the revenue from both Bots and SCOT sales. You’re also only seeing the revenue 6 months ago. Very outdated.
The debt is needed to build the company. AI/tech startups often take on a mountain of debt. What they’re building isn’t cheap. Where else do you expect him get money from?
They’ve also already demonstrated responsibility with the notes, paying off the March 8th note AHEAD of schedule and even paying a penalty to pay it off early!
SR continues to put his money back into the company. Another responsible move!
If all you see is a poor investment, you need to reconsider how you look at things.
People were expecting some sort of ginormous revenue in these Qs, why?!? That doesn’t make any sense. It ends in November. We were just ramping up production then! My guess is we are well above the original guidance. And now add SCOT on top of that! Will be able to pay off loans no problem!
Loans/debt are the cost of business. I trust they will continue to handle it responsibly
Again, you have zero proof there is any toxic debt being adding. You’re just trying to scare people away.
You have ZERO proof of this. And it’s a ridiculous accusation.
1) it was stated that the April 2nd PR is NOT tied to or reliant on any financials being filed. He also stated that it may not come out on the 2nd. Sounds like the other company involved in the PR may have a say.
2) there is zero reason they will be delisted anytime soon. They’ve filed the KT so it’s not like they’ve gone dark. And they’ve been in communication with the SEC on how to settle the discrepancies in the books (thus we got a 10KT)
I present them as my opinion though. That’s the difference.
This assumes they’d take on the same amount of debt each month. Which again, is an assumption (and in my opinion unrealistic).
For example, if you take out a loan from a bank to cover buying a home. You don’t then take out an additional loan every month.
You take out what you need and that’s it. There’s no reason to believe they needed additional financing every month. Especially since that was from a year ago and production has increased and clients have increased as well :)
False. The recent filing was a 10kt. Which did not decrease the price by 75%
Post merger, yes. The price went from .28 to .04. It was ugly. Very very ugly. And yes that’s was due to an increase in OS. But many (including yourself) claimed OS would be 200m or even greater. Didn’t you claim 1B? Alas, OS is at 125m currently. Which is what management and IR has claimed it would be about (they always said between 120-130).
However, the FACT is, NO ONE but management knows at this point what the debt looks like. Not you. Not I. For all we know they could have restructured the debt for the future where the selling of shares won’t effect pps as much. Or they could have paid off the debt.
What we know from the filing is GP took over the shell well after the previous owners encumbered it with toxic debt. GP has done everything to minimize the effects of it on shareholders (him paying early out of pocket to remove debt).
Could we get hit by dilution? Sure. Could we not get hit by dilution? Sure.
No one knows until the filings. That’s the FACT.
And the debt they took on LAST YEAR (no it was NOT a typo, as you alleged in an earlier post) doesn’t expire until 2021. That means they have 3 years to pay it off. Which I am very confident will happen.
New companies almost always need to take on debt in order to finance operations while they’re pumping out products. This is no different. Managment just needs to be responsible and maintain their fiduciary duty.
Please stop stating assumptions as facts Kelli.
If that’s what you think, fine. But there is no FACTUAL proof that will happen.
In FACT there is quite the opposite. So many big things are happening at the company
First Q out within DAYS. Goodbye pennies. Check out his latest tweets.
Because, as Sr has stated multiple times, many companies are behind an NDA and do not want to publicize what security measures they use.
Ahhh ha. Absolutely. I post for others who may be less informed and new. Don’t want them getting wrong info
So if they didn’t have the tech, or couldn’t provide proof to clients in demonstrations...why would major companies buy them? They wouldn’t.
How are Verizon, Nvida, AUS, HARDCAR, MICROSOFT, AND NHL, not proof enough?
Yes. Microsoft and Verizon love wasting their money on companies that don’t work haha
She, nor anyone else, could prove it. Because it is false. The company HAS GENERATED REVENUE since merger and even before merger. When the Qs are posted (this week??) we will all see just how many bots they’ve dispatched.
The best part? We will be getting the ANNUAL report ON TIME in late April or early May. (Their annual ends in February, they gave up to 3 months to file after that).
Shares seem locked up tight. This will blast off imo
Obviously you’re misinformed. Yes, there are 2 proof of concept bots that were present. Those are shown separately in the KT filing.
Clearly stated are two revenue generating robots from those two months.
Just because they were not PR’d does not mean they did not exist lol
That was not a mistake on the filings. They clearly had 2 robots generating revenue last year during the 2 month period the KT covers.
Expecting them to beat their guidance for 2018
You’re assuming they have zero revenue. But for the Two months in the KT they already showed rev. That was for a year ago. Many deployments since then. AND rev from Romeo Power using their IP. The idea is that even if the notes convert into shares that it will be a small amount because the pps will be MUCH higher then. So even if it were 500k they need to convert, at $1 that’s only 500k shares. I have more shares than that. So what. And in 3 years (when the notes mature) the pps will be MUCH greater than $1
Those notes are due in 2021 (from the kt). They could easily have paid off notes that are closer due while taking on older ones.
I can pay off my credit card for the amount due this month, but still buy more things that I’ll have to pay later.
Or OS stays the same for a while and they’ve already paid off or renegotiated the notes.
Received confirmation last night that the O/S is going to stay at 125M for a while. No dumpage happening when we get Current. And means notes have been renegotiated or paid off.
Why don’t you do DD and you’ll have answers to those questions.
It was a silly question you asked. His communication is through PRs.
Have you tried reaching out to him via email POLITELY? I have. And he’s very responsive.
CEOs don’t owe you personal communication. You’re not entitled to that because you spent a couple hundred or even a couple grand on their shares.
Look at their pps history. Was over a dollar then dipped into dimes. Every company has learning curves. This is a NEW company, regardless of the shell being in place.