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Cut his salary? Cut his salary? How is he going to pay the bills? LOL.
That's what it seems these days.
Maybe something will change one day.
He says a lot of things. I haven't seen anything really tangible yet.
As I mentioned in another post, he was hyping the NFT six months ago and yet we get nothing but "crickets".
I haven't seen anything pan out from him besides him enriching himself at the expense of the shareholder.
"At the end of the video Xavier stated that he wanted to buy back 75% of the outstanding shares at a price at or below where it is currently."
Meanwhile he increases the float by a whopping 130 million shares.
What a total bunch of b.s. this guy comes out with.
Xavier talks big however hasn't delivered anything as of yet.
I've seen one-too many of these "I'll do this and I'll do that" and nothing happens in penny/sub-pennyland.
Show me the money!
From last September's release:
"CEO of Valiant Eagle, Xavier Mitchell, states, "Plain and simple this could be valued around $4 billion if our Fungy marketplace is as successful as we anticipate. Our goal is to secure between $1.3M and $4M in NFT revenue for Cinevision within the first three months of operation.""
That was 6 months ago....LOL!
https://finance.yahoo.com/news/valiant-eagle-inc-otc-psru-130000851.html
Stock is a dump - which is reflective of the company.
LOL! Fortunately not too old.
I've heard that "8-track tape tune" as well...LOL.
There are too many "8-track tapes" here repeating the same thing over and over and over again.
This has been going on for quite some time. IMO, they have to remove their share offering for anything meaningful, otherwise its easy to "front run" the offering since the current stock price is well below the offering price.
LOL..wouldn't be surprised with anything regarding this company.
"Our Dev Team has compiled the core source code". Really? Wow!
Do they have a high school and intern-based team?
"ABA Canada aims to become a dominating force in Canada's professional sports environment, hastening the penetration of basketball into the Canadian mind with the contemporaneous mindwiping of hockey."
"Contemporaneous mindwiping of hockey" - really??
Lets see how much revenue these NFT's bring in for PSRU.
Still too much hype and no substance.
Oh well.
LOL. The video certainly didn't seem to inspiring.
Lots of hype in the video, that's about it.
There are one too many pumpers here.
My guess is with "fees", "charges", etc., they took in less than $4 million.
I can see your counter point of view however I would still see keeping the offering, which really holds no promise anymore, isn't going to cut it.
Saying that they are canceling the offering because incoming revenues will go towards fulfilling their financial needs/goals IMHO would go much, much farther.
I'm not going to discuss politics here - there are other forums for that.
Excellent analysis an I somewhat agree.
By "telegraphing" their offering, there was a lot of "front running" and people knew that it would be difficult for PSRU management to raise the funds they need/wanted.
Add to the fact we are in a "risk-off" market right now with rising interest rates, etc.
Hence, here we are.
Again, management should pull the offering out, provide guidance and show investors some money (revenues), otherwise they be losing credibility.
I already believe they have no credibility as it is.
It is "pennyland" and as you probably know, anything can happen.
I agree that we need a good run though..LOL.
Yes, if this runs hard I'll probably dispose of my shares as well.
I don't plan on buying or flipping - I know it can potentially be profitable however I'm not going to bother with this company.
It seems management is all over the place.
I guess we're going to wait it out for a while.
I think they should simply end the offering today. That would add some confidence and no "front running" of the stock.
It would also show management is serious and add some credibility.
Can you blame the traders?
Besides hype, we haven't seen anything positive really. As you have mentioned, the offering hasn't been viable. While there hasn't been any dilution and management has said "we won't be diluting anytime soon", it doesn't mean they can't dilute 3 months from now. They never really specified what "soon" means.
Since my investment isn't too large and my price point is low, I can wait it out however I can see why traders don't want anything to do with this company.
I'll believe all of the PR hype when I see $$$$$$$ rolling in, until then I give management no credibility.
Hopefully some resolution to the case (in favor of the California company) comes out soon.
From the video:
"Valiant Eagle strives to bring value to its shareholders"....hahaha, what a joke!
The company hasn't lived up (yet) to its hype. Maybe sometime this year?
Who knows.
Ok. To each their own. I'm not adding to my position.
Good luck.
Problem for bag holders? LOL
That's IF there's a cancellation. Right now there is nothing which leads one to believe that it's happening.
LOL!
Yes, definitely will.
I don't have too much money invested in PSRU so while I'm not happy about what's currently happening, it is worth the risky trade.
We'll see.
Has anyone seen anything meaningful in terms of revenues from this stock?
Not potential revenues but actual revenues.
Thanks!
I see the expenses column however I don't see where Xavier's actual salary is.
What were Xavier's wages/earnings?
Also, can you provide a link for the source?
I would like to give the CEO the benefit of doubt however "show me the money"...!
Anyone can "talk big", deliver on those PR's and then we can see some credibility.
I would like to give the CEO the benefit of doubt however "show me the money"...!
Anyone can "talk big", deliver on those PR's and then we can see some credibility.
Not too much we can do.