Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Two things to mention. 1) the run to 2 bucks was a manipulated run after the public offering it had nothing to do with anybody's believe in the company. 2) Nobody from what I read is saying the Hopefully only 6% dilution is going to kill the stock, the fact is it will touch ADI's buy in price as it has done twice in the past( Public offering/Apollo)then hopefully rebound from there depending on The K.
I feel it is a good thing. I also feel it will hurt the PPS in the short term as it has in the past. I mean we are only here to make money, might as well make it both ways.
Here is another question for you. I see you blocked me over on stocktwats. Being a wise investor do you think that is a smart move? I mean the purpose of message boards are to hear everybody's opinion. I enjoy reading your posts I agree you have some interesting thoughts. But if your narrow minded and feel your opinion is the only one right do you get the full benefit of a message board? I mean if that is how you feel why be here just stay on the Ambassadors page where they do not allow opinions. Once again I feel this company has potential but this is the third time they have done this type of financing and if you look at the other two we all know how they turned out. IMO this one will turn out the same. Once again good luck no hard feelings.
I would have to disagree. The risk is much lower on a down trending stock at a lower price. And the rewards are much higher if you buy low and sell high. Say they buy at .11 right before the anticipated volume of the K and sell at .22 instead of the .15 for 30% now they have made 100%. But if they buy now and it drops to .15 they have to wait till it gets to the current price just to make their 30%. And even you have to admit there is manipulation between the big boys and the MM's in penny land. I know they are not in the business of long term investing. They want a quick flip with no risk. But hey we all have different strategies I wish you the best in yours.
Let me just ask you one question. If you were to tie up over a million dollars of your own money would you do it on a safe bet at .15 or would you just buy at a high price because you have a feeling? I can guarantee the big boys do not take risks.
The company has potential. I have always said that. Once these bad financing deals are done the price and volume return heading in the right direction. Now I don't usually listen to the ones that pump this on dreams I also don't listen to the basher's that have no facts. But I do know they have written a ticket to take the price back down to the 15's maybe high 14's. They have done it twice before and this is no different. I understand they need cash, I understand for the company it might be a good trade off in the long picture, The only issue I have is they are stabbing their shareholders in the back while they are doing it. My recommendation is get out, reinvest once the price drops to IDA's buy in price then get back in with 25-35% more shares. Might as well make money on the way down also. We are all here to make money no one actually gives a crap about the company. So let's make money. Just my opinion and my advice take it for what it is worth. Here is a little heads up on the next one. Once they take it down shortly thereafter the K comes out so the price will jump in anticipation but remember they can exercise another part of the option on 4/30 depending on the K it may very well drop again be prepared.
I think your on the wrong board. All those facts are correct.
Here is a couple more facts for you.
Public offering
20% off the wvap lowest price to buy in .08 brought the price down to .10 equals .10-20% = .08
Apollo
32% off the wvap lowest price to buy in .136 brought the price down to .20 Equals .20-32% = .136
IDA
30% off the wvap lowest price to buy in .11 Where do you think the price is going? My guess would be .157-30% = .11
Big boys do not lose. 0 risk.
Are you a lawyer? You seems to have a bad habit of twisting things to your favor. Let's just stick to the facts not what may happen if this and that happens. Just the facts.
145 million prediction stated by the company
80 million QXTEL
Equals 225 million
How many time does the company have to fall short on their promises for you to not take things for granted?
Besides the whole problem right now is that S-1. The company actually is headed in the right direction. But since they have done another Apollo deal and we know what happened with that one they have insured the price will drop to .15 if not lower.
Sounds impressive but for starters their prediction for 2024 is 225 million(145+80 from QXTEL) not 300+ million, 300+ is still just part of your pipe dream. They are not profitable yet and before you say it I know they were Q3 on 40 million revenue they made 40K but still red Q1 and Q2. I will give them credit they are headed in the right direction but since they just issued a free pass to take the stock down to .15 with the S-1 they shot themselves and every shareholder in the foot.
Anybody that has traded for any amount of time would dump this right now. Actually should of dumped as soon as that S-1 came out let it get to the .15 mark let them exercise their 2 million shares then buy back in and wait for the K. Then decide from there what to do.
You got it. It is his pipe dreams. They are not going to buy 1/1000 of a penny higher than the low. Why would they this stock has been in a downtrend for 2 years. It would be foolish of them to do so. Big boys motto high return no risk.
That is just total BS. The deal was the same( other than cost and buy in price) then they amended the S-1 with Apollo giving them more shares. The only difference now is they have not amended the S-1 YET.
Apollo
Option Price 500k
Lowest buy in price .136 Dropped to .20 to buy in
Amount 10 million shares, Then amended
ADI
Option Price 100k
Lowest buy in .11 will drop to .157 to buy in
Amount 10 million shares, Until amended
Actually looks worse. Tell me what you think is different. These are facts except the current price hasn't dropped to .157 yet.
And wait until they amend the S-1 like they did with Apollo and allow them to buy a crap load more.
It is not bashing. It is common sense. The company has great potential but when then make a financing deal like this option shareholders should take advantage of it also. We all saw what happened when they made the Apollo deal. What makes you think this is any better? IMO it is actually worse, They sold the option cheaper and they allowed the lowest buy in price to be lower. Just like Apollo this will touch their bottom line.
The only ones that lose in the stock market is retail. The big boys don't. They do not gamble on the hopes and whims that a company will will be the next Amazon. They lend money with the risk of getting their money back plus the interest. That is life short and sweet. You can twist all your math equations any way you want in hopes of fooling the less experienced but bottom line is they knew what they were doing when they got involved. Doesn't matter what the hopes of the company are. Now I do agree this company has great potential but as long as they do stupid crap it never will advance.
Could be but the lowest price for the option is 30% more than .11 I am sure they do not want it below that to maximize their return. Will have to see. Hopefully for shareholders they are profitable Q4 and not just another lie, that would put this behind us. If not it will be a stagnant 8 months.
Anybodies guess. They took it lower with Apollo. So my guess would be between .14-.15
Looking good, didn't close at the low of the day. Just 25% more then exercise the option expect a pump to around .20
Last 20 minutes should be interesting already selling below the bid.
I feel that would be a safe bet.
Once it hits the .15-.16 range for 10 days it should see a pump for 2 million shares while the option unloads. By then we should see the K and that should determine if it goes back down to the low range. Don't believe the ones that say the option wants to buy high, They only care about their 30%. By the way I kicked it yesterday won 5k on a scratcher only cost me 5.5k.
Well hell that's even worse. That definitely tells you it is going down from now until 3/31. Guess I was just trying to be positive when I was reading.
Here is the best case scenario I see for shareholders. They exercise the 2 million shares on a cashless basis get their initial 100k purchase price back the stock reverses and since they are not in the business on investing in stocks they do not exercise anymore of the option. The worst case scenario is they take it to .157 and keep it there exercising the option for the next 8 months for a 30% profit. Now when the K comes out and they show they made a profit in Q4 this may work out in shareholders favor but if they show a loss in Q4 like last year it accomplishes two things 1st they lied about being profitable from Q3 on and it will kill momentum keeping the price in the .15 range.
They are not investors like I told you. They want a quick return on their money 30% is 30% period. Did we not learn from Apollo?
They need this down to .15 for 10 days before they exercise the option to maximize their profit. It is all in the S-1.
Everyone keeps trying to sidetrack this terrible news with a note. The note is not a problem if they pay it back, Hell we all borrow money. The option is the problem, Why dilute? Company is so called profitable. And if you going to dilute why do it for chump change.
This option is actually worse than the Apollo deal.
Apollo
Option purchase 500k
Lowest price to buy in .136
ADI
Option purchase 100k
Lowest price to buy in .11
So there is your overall picture. We have a company that is supposedly making profit Quarter over Quarter yet they need to dilute 10 million shares for 1.2 million dollars.
Besides you were explaining how logically that ADI would hold for a higher profit, and that is BS also. Did Apollo hold?
Just like Apollo did, right. Just more BS.
Our confidence in our ability to repay the note, thereby avoiding conversion, remains unwavering. The registration is merely a precautionary measure
I have read over the S1 a couple of times and I must be overlooking any convertible note because all I see is the option which you do not repay. So all this BS that Brad is pumping about their ability to repay is just that BS.
30% off market price will be .11 as soon as this drops to .15 which in my opinion will be by Friday. Then it hold there for the 10 day requirement. May do a little bounce off that for them to dump the 2 million shares then back down to .15
Read the S-1 it is all in there. Actually this deal is worse than the Apollo deal.
Apollo
Option purchase 500k
Lowest price to buy in .136
ADI
Option purchase 100k
Lowest price to buy in .11
So they have a couple of weeks to get the price down below .15 so they can exercise the first 2 million shares on a cashless basis then it sits there for the next 8 months so they can exercise the rest at.11
I am sure LDA is off the table with this stinky pinky type of transaction so they use the 1.2 million dollars they will raise to pay off Yukon.
In the meantime shareholders now sell for a loss.
ADI Funding has the right and the obligation to exercise, on a “ cash basis”, not less than (i) 2,000,000 of the shares of common stock underlying the option not later than the later of March 31, 2024 or the date on which there is an effective registration statement permitting the resale of the shares by ADI Funding. From and after the occurrence of the above-referenced exercise, each additional exercise of the Option shall be in an amount not less than 1,000,000 shares, which shall occur every thirty (30) days and shall be exercised only on a cash basis. ADI Funding’s obligation to exercise each specified portion of the Option is subject to the exercise price being not less than $0.11 per share on the relevant option exercise date
Entered into another deal like Apollo. Selling shares at .11
Every time they start to get the share price moving in the right direction they do some stupid crap.
Why would they enter into another deal like like the Apollo deal at this time? 11 cents a share WTH. If I was LDA I would boot them for this crap if they haven't already.
Have we forgot the public offering from two years ago or how about the Apollo deal from just last year. They are good at putting it out there at a high price then gouging shareholders when the facts come out.
I hope this is not another public offering at .08