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Not sure why the news is "huge". Besides hype, I've seen nothing "huge" from this company....unfortunately.
Isn't ABA part of Valiant Eagle?
I take it you aren't a fan of his.
Until I see something solid from him, he has no credibility as far as I'm concerned.
That being said, I'm willing to give him some time however this dilution must end.
My guess is we'll eventually see a "reverse split". I don't see how the share price will rise with so much incessant dilution.
How many of the business will not just be revenue generating but actually profitable?
Mr. Jaffe's thoughts on the matter.
https://rickjaffeesq.com/2022/09/15/my-thoughts-on-judge-bernals-decision-in-the-cell-surgical-network-case/
Just how much involved is Valiant Eagle in all of these "dealings"? Are they playing a major part or something very minor?
How will it affect their revenues/income? What will these signings of "top people in the industry" translate to?
I've been reading about "MM's" manipulating the markets for >25 years.
I find most of it to be completely non sequitur.
It basically comes down to supply and demand.
Yes, some will trade "in-and-out" as well however most don't.
Already 2 billion outstanding shares (which apropos, I predicted back in March - read my old posts from back then).
Don't be surprised if we eventually see a 1:10 or 1:20 reverse stock spilt to bring it down to "manageable" numbers. This has happened before and can happen again.
I haven't sold a share however I'm not adding a share either.
Ok, got it!
This stock is already in the "sub-penny" category..LOL. It would be nice if it made it to a penny.
I'm sure the VE gaming website will be has "hot" as the Fungy website with maybe 5 users..LOL.
https://fungy.io/#/
This is what I mostly see under their "Explore" tab.
"No items found. Come back soon! Or try to browse something for you on our marketplace!!"
Anyway, hopefully all of the endeavors lead to some good profits.
Those assets can easilybe written down in valuation if they don't pan out. It happens A LOT.
I'm a long-term holder (haven't sold since I purchased stock) however until I see something tangible (and not the lame Fungy website), I won't be a believe in Mr. Xavier nor the company.
I've been here long enough to see the hype.
Maybe Mr. Xavier has a "long-term" plan. We'll see.
Right now, the only item of "substance" I see is continuous stock dilution.
Right now any news is good news, especially if it is favorable for stem cell therapy.
Just like the new Fungy NTF website..what a super-duper "winner"...I would probably get more website views selling black and white TV's.......LOL.
Stock sitting at an all-time low, so much for "shareholder value"...LOL.
I wonder if she has the ability to perform a reverse split for the stock. Bring the amount of shares down from 8 billion to 800 million.
-The NFT website seems like a total bust right now.
-Who knows what the terms of the other fundings are.
-Who knows just how much of everything is real or PR hype.
-What we do know is there has been constant dilution of the stock. That's a FACT!
I've decided to remove this webpage from my "open tabs" in my browser. Its no longer worth keeping it open.
I'll be checking in a few times a week however I have more important things to keep open.
You are certainly much nicer than me in that aspect...LOL.
His "dreaming" is at the expense of shareholders....unfortunately.
I wouldn't be surprised to see most of these in the portfolio be failures.
With billions of shares outstanding the potential for more billions of shares added, I don't see this stock going too far.
We'll see.
It looks like its heading the way of the stock is.....down the toilet.
Fungy website is working..though practically no one uses it.
https://fungy.io/#/
Unfortunately the only thing going "up" with this company is the outstanding shares.
None.
I don't plan on selling however I can't say I'm too sanguine on this company. More hype than substance.
There's already been a history of dilute and reverse-splitting.
If it happens once, it can happen again.
Hahaha...that's a good one!!!
Speaking of Fungy:
"NFT Market Crash: As NFT Floor Prices Drop, Why Are NFTs Crashing?"
https://www.gfinityesports.com/cryptocurrency/nft-market-crash/
LOL....
Absolutely agree. All they do is hype stuff and have ZERO substance.
Agree.
Would be interesting if they've done anything which would violate SEC law. At the very least, I feel (I know its subjective) he's been dishonest a little bit because he's been hyping a lot however has shown very little, if any substance.
I guess time will tell.
My guess is this company is going nowhere. If it does well, then I'll be happy too.
I find their lack of credibility to be a major problem. They hype a lot of however I have yet to see any substance.
I feel Mr. Xavier, while he has been doing things legally, has been a bit unethical with the way he makes PSRU to be.
He's done nothing but line his pockets. I don't have a problem with that however at least give shareholders some return as well.
As you stated, all they do is "sell another load of shares."
My view is they will unload more shares, do a reverse split and rinse and repeat.
Such a bloody legal scam....LOL!
At this point, I'll just hold on. I don't have a lot invested so its not the biggest deal in the world for me.
If I can I wouldn't be here..LOL.
Many OTC stocks have gone on to do well...this one is simply full of garbage hype.
I don't put any credibility with Mr. Xavier. He "talks the talk" however doesn't "walk the walk.".
So far the ONLY people who have been right are the ones who've said this stock is going down, down, down. That includes me as well (see my posts from last year).
Yup, thanks to the crooked judge who screwed USRM over.
.0003 or .00003?
Dilute, dilute, dilute, then reverse split. Rinse and repeat.
This stock and company is a total waste.
All the garbage hype, Tweets, etc. hasn't led to anything at all.
Show me the money (revenues, earnings) otherwise there is ZERO credibility!
I'll believe it when I see it.
I'm keeping things VERY simple for Mr. Xavier to produce (if his business is legit). Revenues, income and earnings.