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I don't know, maybe .02. The constant Twitter updates from that one group are actually making things more suspicious for me. It's like they're desperate to keep retail invested. I've seen some pretty elaborate scams in OTC land so I'm always skeptical. I hope I'm wrong. Q3 financials and concrete fillings will help, not Twitter updates
There were revs in Q2. Not a lot, but a lot people were expecting -0-. He has no excuses to not have a big jump in Q3 revs. I'm not too worried about that, but this Ossifix lawsuit is a bit concerning. Could drag out for awhile. Still sticking to my theory that this stock either goes 50x or more or to .0001. And I think it happens within the next year.
Something a bit fishy going on here. I have a few million shares because I think it's worth the risk, but constant share dumping is a bit suspicious imo. I'm hoping Q3 financials will clear everything up.
Are all of these mines/valuations expected to show up on the Q3 balance sheet? I know there are different rules for mining rights etc. but I'm really curious what their Q3 financials will look like
Very interesting stock to be in. I would expect the price to be much higher by now but I guess people are waiting for Q3 financials. should be an exciting future.
The (lowered) bar to clear was Q2 revs and he did that. Also posted progress pics on Twitter. I'm satisfied enough. Everyone needs to remember that the market cap is only like 3m and there are plenty of penny stocks valued 10x more than UATG with zero potential. We'll see if there's some follow through on price next week.
Prognosis is good in my book. I think a dividend and/or buyback announcement is coming soon. Company is heavily undervalued.
Because people would start screaming (louder) scam, fake etc since deal wasn't completed by end of July. Anyone that's worked in a business environment knows negotiations take time, and sometimes the target deadline isn't achieved. A few more weeks isn't a long wait
Uh.. sell a chunk of my holding and move on. I have plenty of other penny stocks. Although, I still think this one has highest return if potential is ever realized.
The 8-k must be posted by Friday. Just need to wait a few more days to confirm everything they say is true
Yeah.. he needs to execute contracts that were announced what.. a year and a half ago? Need real revenues before venturing into any new projects. Also he better show oil cleaning revs in Q2. No more excuses
What's fair value here after merger is complete? $80m-$100m?
8k is still on track to be posted by Friday, right?
no clue. MMs don't need to do much in this illiquid market environment. The recent dilution doesn't help but all of this will be a moot point if company executes.
There's an email floating around on Twitter of someone contacting Julian Moulton from Tobique. He confirmed that they are working with RONN. and if you don't believe the screenshot it's easy enough to email the guy yourself
If the company executes here in the next few weeks, this thing will skyrocket. Like any OTC stock, it's a big "if". At least Tobique has confirmed they're working with RONN. They just need to close the deal. Not too long to wait really.. be patient.
Lol he's a benevolent savior just looking out for stupid retail traders while also insulting them. Surre...
we're all adults here let us lose our money as we please
Wow, real news for once. It's about time
The updates on Twitter and prs are nice. Really, we're getting the most we can expect from a penny stock. They just need to execute here in the next couple of months. In this tough market environment, you need concrete deals before the SP can rise(and stay up).
OS increased by about 80m last week. Once these deals are finalized hopefully this dilution stops. Company is very active on Twitter so it's just a matter of executing
OS increased by about 80m last week. Once these deals are finalized hopefully this dilution stops. Company is very active on Twitter so it's just a matter of executing
I swear this company has been getting patents for 10 years. I still have a position but I'm seriously disappointed. They have wasted soo much time
Then the price will tank even more. I've said it before but long-term this stock will either go to zero or be a 50x bagger. Shouldn't take too long to find out which. I'm comfortable with my bet.
I'm glad you're the only one bothering to actually contact the company. The progress has definitely been slower than expected. Q2 should show revs though, no more excuses for Alex.
Hardly. 8k would be nice but this is OTC world. The company isn't an SEC reporting company so no 8k required.
Yeah, this is the most relevant fact right. No dilution and multiple news items in the pipeline. Everything else is just noise. I'm adding here
OS hasn't changed and the deals seem real. Looks like some retail panic with MM shenanigans. Not too worried about it. Will add a bit more here.
Big news today with the MLB, NHL, and NBA contracts. this stock has been dead money for years but this could be the start of a comeback
Share structure looks good, financials decent for a .00 stock. Worth starting a position I think, but are there any devil's advocates in here with the bear case?
They did address the dilution which is nice if they are truly using it to fund business operations and not just fleece shareholders. With the recent deals announced, it's still worth holding for the long-term. Short-term may be a bit rocky though. Q2 and Q3 financials should be very interesting.
The news the last few weeks will be good for the long-term for sure but they need to address how much more dilution will happen. Otherwise, it will stay down.
No shit. That's why I brought it up today and mentioned in prior days to look for the next OS update. Just saw some high numbers being thrown around that don't line up with the most recent update. 1.2b, 2.2b.. etc
I agree company should clarify
If the maturity date was 5.20 and the company just updated the OS on 5.29 showing an increase of 144m, wouldn't the mean the convertible debt was taken care of? As in, why doesn't the OS show 1.2b more shares if the debt was converted on 5/20?
OS Shares were just updated. There was some dilution, looks like about 140m shares worth. Not as bad as it could've been, still sucks though. Doesn't look like there are any more convertible notes outstanding. And with a $1m upfront payment from the most recent deal, this company has no excuse to dilute further. We'll see if they live up to this huge potential. Definitely worth the risk.
This update is fine but they should already have one unit operating in the field I think. As in.. yeah there better be revs in Q2
They had ~$200k in convertible notes due on 5/20 with a .0001 conversion price pretty much. It's not known if these notes were converted or paid off in another way. The OS was updated on 5/20 and there was no change from the last week, but the next update should verify for sure if the notes were converted or not. My guess is none or a minimal amount was. We'll see soon enough.
Tuesday would be the best day imo
GGSM Seems intriguing but what company has 0 in liabilites? I'm not talking about near 0, but like nothing at all on the balance sheet? Not even accounts payable?
I don't know. I'll check the update OS count and if it's still 728m after today then I think the note would've been taken care of. We'll see
The OS was updated on OTCmarkets yesterday and it didn't change with the convertible notes being due. I think the company paid it off. $200k isn't alot and the company would be pretty dumb to let 2 billions shares get added like that. We'll see if they updated the count again today and if it stays the same.