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.
From the recent 8-K filing:
On January 29, 2021 the Company issued a total of 14,496,635 free-trading shares pursuant to the exercise of registered subscription rights for gross proceeds of $724,831.75. Pursuant to the Prospectus, the Company has ninety days from the close of the Rights Offering to place the remaining subscription rights to purchase up to 113,025,592 at a price of $0.05 per share for an aggregate subscription amount of $5,651,280.
So, if I am reading this correctly, ALRT fell FAR SHORT of their goal to raise $6,376,111 in capital, but still has 90 days (about 85 now) to offer the purchase of remaining 113M shares at $0.05.
I don't see this as especially encouraging. Am I looking at this correctly?
Until Sidney shows some revenues, expect share price to sit around that 05 area with the occasional and short-lived bumps in price from PR's. Trade volume will continue to be slim to none. Time is not on our side the longer this takes. The rest of the diabetes health management world is not sitting still.
While some on this board will continue to assert that ALRT's product is unique and best suited for diabetes health management, companies like Teledoc Health (who acquired Livongo for $18.5B) are not sitting still. In addition, there are a number of players who have written diabetes management software apps like Emperra, Sanofi, Tandem, Dexcom, MyLife, Acon, Bionime....
I'm cautiously optimistic and continue to hold, but also getting concerned with how long this is taking and ALRT's ability to continue to secure funding.
C'mon Sidney. Let's bring in some revenues. Please?????????
Same here. "Long" being the operative word. Like many, been waiting years with ALRT.
Thanks for the insight on INND russdorf.
Someone dumped roughly 200K shares of ALRT in the last 30 sec of trading today. Share price dropped from 0675 to 0535.
I passed on the subscription rights offer at 05 and was just thinking that maybe I should have jumped on them, then sold those new shares at the end of the day today for a nice little profit.
Looks like someone else may have done just that. Oh well.
Wasn't the 22nd the deadline to exercise options?
I guess after moving sideways on price for years now, that's all we can do is "keep the faith".
I sure hope you're right and we see something soon. Otherwise, we'll continue to hover in this 05 range, or even lower.
Eerily quiet in here.... Hopefully good news soon. Investors could use it.
Exactly. Got burned by these bums. Lucky for them I'm a law abiding and civil man.
LOL. Is this POS stock still around? Lost $1.000's on it when the management gave us shareholders toxic dilution.
Run away. As fast as you can.
Hmmm. Ok. Looks like they've extended the date a couple times now. Must be having trouble getting the interest they need to raise the $6.4M in capital they seek.
Looks like 05 is the new support level for this ticker. Right at the subscription rights offering. Let's see where this goes from here. Without a revenue deal soon, I can just imagine.
Last price 045 as I type, with 10k shares @054 on the ask. I have an order in for 100k at 04. Doubtful it will get there... but ya never know!
Same here. Will wait until the 6th.
Got my subscription-rights from TD Ameritrade as well, to lock in shares at 05 by Jan 8th. Think I'll wait to see if share price drops below 05 and maybe then pick up more shares.
Price down to 05 now (-20%), which often happens when these offers are put out to shareholders. Let's see if it goes any lower. MM's seem to be holding at 054. If it holds, oh well. and a missed opportunity if ALRT truly becomes a winner.
If it doesn't hold and drops below 05, we'll look at it then. Why add the additional risk?
LOL. Not yet. MM's still at 073 on the ask and letting them go at 070. Gonna take some more 'real' news.
LOL. I have a measly 1/4 mil shares. Of course I want this thing to hit a $1 or more. Just not overflowing with hyper-joy every time share price moves up a penny.
And if you didn't give a rip where it closed, then you wouldn't be creaming all over yourself when it did move a penny up, followed by 1/2 penny to a penny back down.
MM's walking it back down.
NITE
10000
0.07
CSTI
15000
0.065
CDEL
21400
0.0612
GTSM
10000
0.0612
OTCX
22000
0.009
Ask
Inside
1
Shares
118042
Ask
Size
MPID
undefined Sorted by :
Ask
Size
MPID
0.075
118042
CSTI
0.08
200000
NITE
0.081
50000
CDEL
0.12
5000
GTSM
2.1
1500
OTCX
Why is that "dumb"? In the end, it is always the market that determines the superior product through sales and end-users. Wishful thinking has never put bread on the table. Completed actions with results do. And to-date, ALRT has no revenues.
In the future, maybe they will, maybe they won't. Maybe they should. We'll see, but that will depend on revenues and end-users of which ALRT has neither at the moment.
Exactly.
That's what I like about this ticker. Like chasing a rainbow. The pot of gold is just around the corner, and that corner is always just in front of us.
Any day now, right? Going on Day 1,000 or "Any Day Now"
Well, someone did buy 15K shares today I see. C'mon Sydney. Close a deal!!!
And here comes another one! No progress or insufficient evidence in generating revenues.... people lose interest.
2-1/2 hours to cash close. Zero trade volume so far, today. No real price action for years. A revenue deal inked with a big PR would make for a very nice Christmas. Been like watching my lawn grow in a drought.
Triggered ALRT worshipers need not respond. Just venting a little frustration and wishful thinking
Doesn't look like that is happening.....
Tight spread on the Bid/Ask. Looks like this will move up some today. We'll see.
I'll like it even more when we see revenues!
I think it is going to be difficult to push much beyond where we are now until there is a revenue deal. Still too many profit takers and investment "recoupers" keeping the share price down in light of no revenues at this point in time.
Looks like the move up has run its course until more news - hopefully on revenues. Profit taking still going on.
Sure was. I haven't seen this share price in what seems to be 3 years.
It sure would be nice. After 3 years and listening to 'any day now', it sure would be nice.
Tell me about it. Been holding this for a few years and hoping I'm not holding a bag. GLTUA!
Trade4today, I agree. ALRT has been on the board too long to have a significant move upward until a PR comes out announcing a substantial revenue deal. Maybe in 6 -12 months, maybe sooner, maybe later, maybe never. We shall see.
I admire the CEO for not publishing a ton of hype PR's only to be followed by no revenues. ALRT is strictly a LT investment and the technology appears sound, developed, and attractive to the HC marketplace. But as the clock ticks and company debt increases, some investors become more nervous. I get it that ALRT is not your typical day or swing trade penny stock - especially with no volume. Having just shy of $10K invested myself now for about 3 yrs, it's not like I don't have any patience or didn't think ALRT had a lot of promise. And certainly there are people on board that have been invested longer and have more invested. And that companies like ALRT and its CEO are not shams and getting this technology rooted in the HC industry takes time. I get all of that.
Let's just hope that you and others on iHub thinking revenues will start coming in within the next 6-12 months is correct! GLTU and us all.
En tosk og pengene hans blir snart delt.
Vous n'avez pas besoin de mes actions. Achetez vos propres actions.
LOL. Yeah. That's true. A 28% drop in share price could also mean more selling pressure than buying pressure.
Been a while since we've seen 0388 price on this. Dollarland coming any day now, or <03? Pick 'em. LOL