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Merely $6000 worth of stock traded today...
Don't let it scare you all into selling shares.
It would only take 50 grand to beat these "low sellers".
Some people are probably just saying stuff like that to encourage people to buy the shares they recently picked up cheap in order to sell them for a tiny gain.
Let's get serious investors in ALPP with the patience and maturity to deal with reality. That's when the company stock price will actually climb in due time.
Where did I read that they were changing their name back from Alpine 4 Technologies Ltd to Alpine 4 Inc?
I do recall reading it probably in one of the recent filings.
That sounds great, We have many sellers willing to sell at $1, BUT who is going to buy it at $1- $2?
Keep it low so I can buy more tomorrow..
Nonetheless it would still probably take $50,000 to buy up enough shares to defeat the MMs and those retail sellers who are trying to keep the price down.
Also, the Businesses they bought for millions and could sell for millions don't have value represented in financial statements.. Other than all the equipment and stuff
I agree that if everything checks out (meaning the company is not committing any fraud) AND if they/we do Not raise the Authorized shares, then you have A REAL DEAL of a company here.. Something that will easily be $1, YET, their shares may even be more valuable than cash because it might climb to $10+ with dividends and other benefits in the longer-term. And while the Dollar will always eventually lose value, a solid company is simply more valuable than it's cash equivalent- market cap.
Wow, I thought a company called Pyrogenesis Canada (PYRNF) was hot stuff with 5-7 million in annual revenue, 139 million shares Outstanding and their CEO owning 51%+. But compared to ALPP when ALPP pops some nice profits, ALPP has the more explosive growth potential.
Thank you for the explanation!
No, in those Purchase Agreements The Capital Stock of Alpine 4 "the Buyer" under section 5.3 is listed as 500 million class A, and 100 million class B, and 5 million Preferred.. Even the Purchase agreement for Morris Sheet Metals as seen in this 8K ..
https://www.streetinsider.com/dr/news.php?id=14999863
Yet even back in 2017 they filed this form to amend Section 1 and reaffirm 100 million Authorized..
http://edgar.secdatabase.com/728/109690619000151/exh3_5.htm
Also note: Alpine 4 INC was incorporated as Alpine 4 INC then changed it to Alpine 4 Techonlogies LTD , but NOW is changing back to Alpine 4 INC..
Hopefully they do Not approve/revert back to the old share structure of 500 million Authorized.
100 million Class A common shares is what is supposed to be Authorized..
Yet there are clearly 5 million Class B shares in existence and 7 million Class C Shares on the way
And 10 Million Preferred shares authorized.
But why does OTC markets Verified through the TA list 100 million Authorized then?
And the 5,000,000 preffered stock listed on the purchase agreement forms compared to the 10,000,000 clearly stated on their 10Qs and such has me scratching my head.
Great Point to bring up.. The "Buyer" referring to Alpine 4 has an Authorized share count of 500,000,000 Class A shares and 100,000,000 Class B shares
So I noticed back in those 2015 filings that they had authorized more than the 100 million they are claiming. I can double check but I think that it was indeed 500 million.
Also another red flag for this company is their history of claiming that they would have high revenues by year end, when in reality, they completely overestimated it.
Now they are saying $100 million revenue by the end of 2020.. yeah right.
So are we really dealing with a "Wolf in Sheep's clothing" Mr. Wilson who had even quoted the Bible in his own shareholder letters.. talking about faith.????
That's the question that I hope we'll be able to answer sooner than later.
I
The TA probably needs to update it for OTC website or the website itself
They just release the 10 Q/A and it's 95 million Outstanding plus 5 million Class B and they still have the 7 million class C shares and 10 million Preferred shares yet to be issued.
You were right.. Kent was wrong.
The TA was right back on August 1st..
Kent made an error of 20 million Outstanding shares lol..
Oh but they Actually have 95 million Outstanding plus 5 million Class B plus 10 million Preferred not yet Issued .
Yep, I'm long and strong here with over a million shares.. Depends on the future price whether or not I'm truly long here.. the sooner I can sell for $1-$2 the better..
Be funny if they get some extra cash and use it to buy their undervalued shares back thus creating even more value.
I thought .016-.017 was a great price worth the risk.
Hey if we can clarify why their TA reported 90 million O/S to OTC markets that would be great.
If they have 10 million preferred shares in their Treasury right now, that would be good to know too.. Otherwise it's just another 10 million Authorized preffered shares in addition to 100 Million Common Shares Authorized and I don't know whether or Not that includes the 5 million Class B shares.
I did Notice your post earlier about those 2015 Financials and when I look up historical reports I saw that Kent Wilson created two shell companies in 2014 (WBK 1 & then WBK 4) right before he became CEO of Alpine 4.
He sold WBK 1 before creating the 2nd one.
Not sure what that was all about.
Nope report says
75 million Outstanding
5 million Class b Outstanding
The latest report shows the section where there is 10 million Preferred shares which are, "authorized to be Issued". Those may or may Not be in their Treasury, (and therefore may or may Not count as "Issued") BUT they definitely don't count as Outstanding except when "Outstanding" actually means "Issued and Outstanding".
So, 80 million shares Outstanding, but
90 million are Issued & Outstanding, OR it's just 80 million Issued & Outstanding..
PLUS now 7 million more Class C shares Issued but Not yet Outstanding..
Either 87 million or 97 million Total Issued and Outstanding by my calculations (whenever those Class C shares count as Issued, then Outstanding)
The confusion is just how it's all counted.. Do the Class C shares even count as "Issued" yet?
Did the TA (from that OTC markets website) report Outstanding OR were they reporting the total Issued and Outstanding back on 8/1/19?
Not true, Total outstanding should include both class A&B, but won't include Issued stock still in their Treasury.. so maybe The OTC markets webpage made the error when listing all Issued shares as Outstanding?..
IF indeed, these 10 million Preferred shares are actually in their Treasury?
Note 8 – Stockholders' Equity
Preferred Stock
The Company is authorized to issue 10,000,000 shares of $.0001 par value preferred stock. As of June 30, 2019 and December 31, 2018, no shares of preferred stock were outstanding
This source has 75.98B Outstanding shares
https://www.thestreet.com/quote/ALPP.html "B"?
If you add the class B shares then you have 80 million Outstanding.. and the question is, are there 10 million more restricted shares Not be counted in the report?
And how many class C shares are being issued?
If only 25 people had $5000 to invest ("long") into ALPP.. that would make a big difference.
However, if the original report was actually due on the 15th, then their extension will last until tomorrow.. so Tomorrow, Tuesday the 20th, at the latest.
Charles Schwab
Not AMEX but NYSE American
Probably should try Amex first.
Unless they acquire it in small chunks, thanks to the obvious market manipulator's attempts at keeping the price low.
All it takes is maybe 50 "real investors" who can afford a million shares each (at these cheap prices) and the stock price would go up, or the trading volume would drop significantly.
Nevertheless give it a few years and it might even pay out cash dividends per share higher than its current stock price.
My question is;
Is this whole situation too real to not be true? Are we just dreaming?
Are Real People running this real company that appears to be really undervalued?.. I mean you can actually see photos of management on their website.. that's nice to see from an OTC company.
You say "reload" meaning you sold at .03?
6 million net loss for under 300K revenue.. Not liking it.. too shady
Warehouse or offices? Yeah and they had an office in overpriced Orange California so that they could live it up.
Only if the company turns itself around.
Yeah that's a red flag..
Oh folks we have news coming!! ok just talk about the news when you release it..
OR are they signalling for the market manipulators to get ready.. and not only that but some "pumper' accounts on Twitter are talking the stock up.. it's like the stock exists separate from the company.
Stock stock blah blah blah.. stocks without their company are just a game of trades and manipulation.. If people are investing, invest in the actual company's value not the stock game's price.
This company has a ton of shares outstanding in a really scammy and competitive market.
They had a $2.6 million gain on the settlement of the NHL Liability last year, but still ended up with a $600,000+ loss just because their operating expenses are so dang high..
Hopefully the CEO is revising the accounting policies in a good way, a more transparent way.. of course, that's only if the company is Not a scam.
Probably means .008
Can't blame you..
This company is fishy as heck.
They've trapped this stock in a box.