There's a Chungus among us.
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Of those who follow the stock. I don’t think 99% of OTC traders are aware of it.
A few people emailed the SGSI executives and got subdued but confident responses. Check it out on Stocktwits to see what they said. Anyway, hang in there. We’re getting close!
What the hell happened here.
Almost all of today’s trading has happened under the ask. Who’s actually selling? Where are MMS going to get their shares?
.03 was before merger announcement. I doubt they will dump again to .03 with no one to buy up the sells.
The company has already peed into a large tank-like structure. Now little goblins are filling shot glasses with pee and pouring them into the pool. I find this to be a very helpful metaphor.
Cleaning a little house before financials are released. Hell, the day isn’t even over yet.
Surprised the weird pumper bots aren’t here yet.
Finally! This + financials = $1 plus
Let me accumulate a bit more first
L2 looks really thin on the ask. But bids are piling up at 15. Haven't seen this for a while.
Good man. I knew I could count on you.
If Obama is checking out this stock, we’re golden. Hello former president.
I’m sure not adding more here. Better options out there. I’ll have the take a look at that other ticker.
If the new investment firm from the S13 is a healthy addition, we may see more acquisitions in the future. Hopefully it's not more convertible debt.
If the debt holders are keeping this afloat, they might as well give it a good ole pump before September with some "getting current" fakes. I'll ride that wave.
I guess you won either way.
Haven't you done that with other companies before?
I saw that. 3X 10-day vol average.
Weak hands are gonads
This will be fun!
They’re like ancient Polish lovers.
Someone knows what they're holding. I know I've been adding.
Wow! Already about $6million in NEW revenue this year. Not to mention an entirely new subsidiary.
Fair. I didn't calculate all the discounts. But I also added about 5million extra shares after calculating from .25 just to give a more conservative estimate. The last Q report listed 23million shares OS. Rounding up the convertible debt, $1.5 million diluted at even .10 would add 15 million shares, putting us at 38million shares. I still see room for gains at these levels assuming they aren't issuing more debt this quarter.
If they announce a clean debt sheet. We gonna blow up to moon town, fellow psychos.
Right. And their convertible debt levels aren't wildly high either. At these levels, if it all dilutes, I still think we're looking at slightly over 30 million shares.
Convertible debts on the Q10 were around $1.3 million. Clearly dillution has been happening for a while so let's assume .25 average price for ease of calculation. That means all converted will be 5.2 million shares. Let's bump it up to 6million just to be safe. Last quarterly says 23,500,000 OS. So total dilluted is just under 30,000,000.
Someone correct me if my math/DD is wrong...
Again, even at 32 million shares with $45million in annual revenue and no convertible debt at the current price... it's =a risk I'm willing to take. We're still looking at a reasonable $2-$3 SP. If Mark is serious about uplisting, he'll need between $3-$4.
Just keep adding boys.
Probably from the mouse lords.
Someone's buying up the dumpage?
It was for the quarterly report. Things can happen between March and now. The lower the price, the more shares are issued.
If debt holders see this as a floor, it may be the final clean up we’re looking for and a sign of optimism from the debt holders who are choosing to buy in.
Alright, you have no hope. Let’s make some money boys.
It's Jeff Nelson in the flesh!
They just need to mention their Amazon contract (because what OTC buyer doesn't like the word Amazon), post about debt reduction and describe a strategy for selling their overwatch system to past and existing SGSI clients in order to boost margins. About 3X a day.
You’re not wrong. It should be higher but I don’t think enough eyes are on this company.
I think low interest/volume is at play, allowing MMS and others to move it lower. Plus there's been some dilution over the past quarter.
Once the merger closes and Q2 shows combined financials, things could pick up.
If High Wire has more than $550000 in profit margins to offset current losses, we could see a profitable SGSI next quarter!
Tax day is May 17th. Hoping to see some consolidated financials.
Huge spike last summer, too. Even if it was a sell-off from the RS.
This is the time to get back in. Somewhat of a floor forming (looks like lots of dilution, too, but stable for now). The pumpers will be back at some point. Snag the spike. We should see another one early fall. Patience.