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Not in the know. Just using common sense. I would not do a huge press release on a Friday. Too many things could happen over the weekend to kill the momentum. Do a midday Monday or Tuesday release and let it run away until Friday. Just what I would do if I was the CEO of a big company that was looking to draw attention to my company. But I would absolutely know nothing about that. Just Googled it?!?
I agree with both of you. The news will not hit tomorrow. It will hit, but not tomorrow.
It will drop in the AM. Take off around 11 AM
It happened and it sucked. I had over 10k invested. Dropped it to 145 dollars.
So what’s the price going to be after RS?
I totally get it. And yes this still is America. You put IMO or JMO on everything you post to include your response to me. In this post you did not. You told people to get out when you can!
I just find it funny that people are saying sell or get out when you can. But when someone sells at .0001 everyone criticizes them.
Something to think about. I will never tell people to stay or go. Just remember there are people that invested in this company three years ago that no longer have to worry about money. Hearing the same opinions of many, both good and bad. This company made millionaires. Will it do it again? Well if it takes three years to get 150mil on a 12k investment seems logical to stay. That’s just me. I will go into a casino with 5 thousand hoping to double or triple my money. Why not spend “gamble” 5k hoping to make 5000 times return. One day some will be jumping with joy others will be crying. I have a crazy feeling the ones that are crying are not the ones that might lose if this goes bad. It will be the ones that sold or did not invest when it goes GREAT!!!!!
This post is not encouraging anyone to spend 5k on this or any stock. This is just how I look on my investment with this stock.
Raise the price back to 3.12 a share and I will loan them the 60 mil LMAO
R/S Not Smart!!!
ABWN has already taken the stock from promising to dismal punishing the investors all the way down. An R/S would not help the company with their investors. A buy back would be their best move. Spend a million and buy back 2billion shares. Do that twice. Maybe even three times. That would give the investor confidence. An R/S with the chance of four more yikes. I will tell you this anything more then a 500-1 reverse split and I am out. If they do it once they will do it again!
Calm down!!!!
Cost to build andlaunch XM and Sirius satellites. 1.5 billion
That was the cost before one subscriber signed up and proof of concept.
2 possibilities of a buyout or merger.
Tender Offers
In order to take control of the company the company desiring to acquire another company will propose buying shares at a price that is higher than the market price. Doing so current stockholder will have the financial incentive to sell. This is known as tender offer.
Cash or Stock Mergers
For shareholders, mergers can occur two ways. In a cash exchange, the controlling company will buy the shares at the proposed price, and the shares will disappear from the owner's portfolio, replaced with the corresponding amount of cash. Other times, companies will announce a stock-for-stock merger, in which holders of shares of the takeover company will have that stock replaced with shares of the new company. Often, the deal is structured as a combination of both methods, with shareholders receiving some cash and some stocks
Basically there are two things that will make this company a bust.
1. If the patent is not issued, the company will be squashed by bigger companies that can take this to market quickly without having to raise capital.
2. If the technology does not work. For obvious reasons it will die.
On the bright side..
Let me start by saying I don't even know if MarkZ has knowledge that ABWN even exists. However if he does and is interested hold on for the ride.
MarkZ in 2012 bought Instagram for 1 billion. When he purchased Instagram it had 30 million users. In my opinion he did not buy the company for 1 billion for the 30 million users, he bought it for what he knew he could turn it into. Instagram now has 400+ million users and adds 1 billion in revenue a quarter to Facebook.
MarkZ in 2014 bought WhatsApp for 19 billion. A company that lost 280 million in the prior two years combined. Why did he buy it? He saw a similar platform in China killing it and hoped to duplicate it in the US.
MarkZ did not buy the company Ascenta. He bought the engineers from the company to help him develop the unmanned drone company to help expand internet capabilities throughout the world. Just this year he cancelled all operations on that program. Is it because he found this technology company ABWN? Only him and his team know the answer to this question.
now for my opinion...
I think this could be big for a couple of reasons.
1. Social media is taking a beating right now. It seems like MarkZ has been buying companies to expand his portfolio. Acquiring or merging with ABWN would fit nicely into space he has already shown interest and spent millions.
2. The MAJOR SEARCH ENGINE probably has some interest as well as the LARGE ONLINE RETAILER. Get these three giants bidding on a buyout. WOW.
.
PRICE????? This is the big question. MarkZ spent 19 billion on a company that lost 280 million two years prior. What does that make a company worth with very little debt, a patent and proven technology. According to past practice if MarkZ can add to his growing user base, and control the Information Super Highway, I would say BILLIONS and BILLIONS!!!!!
What would a 20 billion dollar buyout look like to you?
I think this company is in very capable hands. It comforts me to know that the higher ups in this company have a lot of stock.
Why is this not a scam.
If you were running a scam would you plaster your face all over Fox News?
If you had millions of shares and running a scam would you cash out at 3.12 a share or ride it down to .0002?
They are silent for a reason and my hope is that all of you calling them morons will look back and realize that the only moron is the one that did not buy shares in this company.
.0002. I had it set at .0001 and it never would go through .
20.5mil
I bought the crapload!!
I have 4.3 mil at .0013 buy price. Am I ok? Lol