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Great buying opportunity
Great buying opportunity here, backlog being filled on ramp up of production/capacity resulting in increased sales relative to budgets
What is their FB page?
Whether it’s socks or stocks I love a good discount
I’m ok with cheap shares right now, PVFCF tell a different story
Does anyone know if you are allowed to release the report on Saturday?
If you have ever worked on the Financial Reporting side of a corporation you would know what is taking so long. A lot of work goes into getting the Q/K out.
Very much not the case. Been watching for a year now and looks to me like it is very much the opposite
Trash company
I don’t blame them, can’t compete
Where did you see that?
Got me another 1.2M today, whether it’s socks or stocks love buying at a discount!
I am going to buy anything offered below .0075, might as well be a floor
Right there with ya pods! 2 Million shares sitting in my 401K, might as well take advantage of the capital gains tax benefits and let it ride into the sunset
Do you have any quantitative reasoning for thinking that it’s going to crash? Macro trends definitely do not point away from PENN in the gaming sector
At .02 that gives it about a 11M valuation in a high growth company. I would think you would value it higher than .75 times revenue or 10x NI. Might consider selling for 5x revenue (.10-.15) with the growth opportunities and market segment.
At this price point regarding Market Cap. does anyone think that this company might be in takeover territory from an M&A perspective? I personally feel it is valued very cheaply right now for something that is perceived to be profitable this year within the current economic climate
Just got keep running the ball 3-4 yards a carry and should get that TD. Patience is key!
Anyone know how many shares are potentially outstanding? Any dilutive securities? I haven’t had a chance to ready through the 10K.
Does PENN have any investments outside of US or all domestic?
Why the sell off, did I miss something?
This market cap is very much undervalued. PVFCF should be much higher. Excited about the upside here.
If anyone wants to sell anymore at .0036 I’ve got about 20K cleared from PENN shares sold that is in need for a home
So I understand that the Fin A will basically help restructure the debt. How does the company start producing a positive bottom line?
Why should I buy this stock?
I? might need to give them a phone call because I? would have done the same thing at a lessor of .10 or Market Price conversion amount...What would your number have been?
I? agree 100%. Relative to Other OTC companies though this conversion factor is one of the most fair that I? have seen. I? do hate how companies discount the conversion instead of just using market price. Not sure what the reasoning is...
Two days as a CPA! Looking through the financials one of the main things I? always look at is potential dilution. Note 6 refers to the newly issued note: Me personally, I? think that the lessor of .05 or Market Price is very reasonable. This amounts to 12,720,000 shares of potential dilution which is very insignificant in the grand scheme of things. These shares are obviously for a revenue producing asset which the current business model has already shown to generate large revenues and working toward generating greater bottom lines. In the long run I? personally believe that although they could probably find cheaper financing that this would only dilute the stock price by less than 4% (12,720,000 Shares Convertible/352,315,147 Total Shares Outstanding). I’m long after seeing audited financials!
Where did you find that?
Thank you!
How many shares outstanding?
Invested into Sugarmade but figured if anyone was looking for others to invest in that it might be a good one to look into. Very low share count relative to other companies in the same segment. Very experienced upper level management. Website and product look top of the line and most of all financials are very clean for one that started in December.
How did you come up with 50,000,000? Just take a wild guess or do you have some logic behind it?
Taurus69 I’d like to hear your thoughts on why you just think 50,000,000 shares...
Looks to me like those other notes were converted at .003 a share (looking at the converted notes and shares issued). If that is the case then with the 2,855,624 Note Payable Due then that gets us to 951,874,666 additional shares to be put out on the market. The only variable they don’t provide is the fixed conversion amount for ones that have yet to be converted. Obviously they cannot put all out at that fixed conversion rate without authorizing more common shares or R/S again. Any thoughts?
Finally took a good long hard look at note 12 in the 10K and kind of have some concerns about that. Is there anyone that can help clear that up?
I’m sorry. Where is SG&A on the Income Statement? Obviously it shouldn’t be on the B.S.
Where is SG&A on the balance sheet? How do they get paid?
Absolutely, thank you for everyone’s input and expertise. Can anyone explain the 51 preferred shares in the most recent Q and what that computation means as it relates to possible dilution or lack thereof?
Company’s*