Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Ticker change should be happening soon.
2024 could and should be a great year for shareholders.
Nasdaq?
It’s basically the next level up from OTCQB.
Maybe you should be the next CEO
I mean, it’s your innovative technology that you created and all, LOL.
So no IDE submission in Q4
Looks like postponed until next year.
Probably at least two Quarters away.
The continuous delays are frustrating, but I’m still holding here and will do so for years more if need be. Just wish they would get on with this.
Don’t some of the preferred shares get converted as well?
If Vivos was bought out for $1.4 billion in the future
How much would we get for each of our shares (per share) ???
That’s over 10% of the share structure.
No one can have that many common shares right now.
I have just over 2 million shares here
Everyone, please predict what that stash will be worth by December of the year 2025 ???
Yep
Mayo Clinic ….
Still has more credibility than former rejected employees at Vivos.
Good thing you no longer work at Vivos.
The average batting average is around 275
I can see $2.75 per share, if/when FDA gives first approval.
It would get us to silver land.
How strong in silver land?
Probably depends on the profitability.
If anyone wants to sell me their shares at $0.05, let me know.
Yeah, we don’t know if 2022 was true or false yet.
We haven’t seen any audited financials (yet) released for 2022, as of this time.
No one knows for certain yet.
It’s all guessing and assumptions.
We did however see 2021 “audited” financials which were filed to the SEC. They were $87 million in audited revenue, and a net positive $3 million audited in “net profit”. Those are “factual”.
He got blocked by Elon Musk
For calling him a sea monkey.
2 million here
Wish I had your stash.
Silver is coming ….
It’s not a question of if, just a question of when.
Great point on that $12 million amount
Therefore, when excluding that, General Admin expenses for the first 6 months of 2023 so far is closer to $6 million instead, of $47 million revenue for 2023 so far = 12.7% of revenue.
Which is very close to the 13% of revenue in 2021 “audited” financials.
Someone just bought over 70,000 shares at the Ask
As they always say, someone out there always knows something.
Yeah, he’ll be buying back in the $0.20’s, and then selling at $0.40
When he could have held his original shares at a much lower cost average, and made a lot more profit.
2021 “Audited” financials in their Super 8k
Reveals $11.5 million for general admin expenses, which was 13% of their $87.7 million in audited revenue that year.
The $127,000 amount for that category for 2022 is obviously APSI’s expenses (pre Tradition acquisition), as Tradition’s expenses certainly would have been much higher than that in 2022 using a thing called common sense (especially since the super 8k stated $11.5 million for that category in 2021 “audited”).
The general and admin expenses being much higher (over 40% of revenue) so far in 2023, obviously includes all their expansion and growth efforts, since this category was only 13% of revenue in 2021 (audited in super 8k), and is now over 40% of revenue in 2023.
It doesn’t take a rocket scientist to calculate and figure this stuff out, for year over year comparison. The “outlier” is obviously a large growth in that category vs. revenue in 2023. It’s not like their throwing luxury office parties everyday, and bringing in strippers to the office like in The Wolf of Wallstreet movie. The outlier is clearly they are growing a lot in 2023, and absorbing those extra costs in taking on more overhead operations from all the additional they own now.
Exactly ….
And I’m also waiting for him to post “facts”. Because he never does post any.
Gotta be Reg A
It’s only 97 million ….
If all the offering (units) get filled, and all the warrants are exercised. If both those are filled and maxed out, then it adds 80 million O/S to the existing 17 million = total of 97 million.
The trade-off is that it brings in an estimated $16 million in funding for the company.
Yep, 3,000% is indeed awesome
Imagine doing one more 3,000% increase. Another 30x.
30x multiplied by $291,000 = $8.73 million in revenue per quarter.
And that equals $35 million in revenue per year (annual).
They bring that in, then we certainly are trading in a few dollars per share. So yeah, maybe something like that by 2026. They’re already showing proof of concept. I’m giving them that time they need to scale their business and bring in lots more revenue in the future.
Amen
It shocked me actually, lol.
Last time you were this bullish ….
We ran to $0.70
Yep, 3,000% growth in revenue
Maybe share price will grow 3,000% as well
We’re entering golden cross time.
We don’t know either way ….
They may get audited again, or not.
Again, time will tell.
All i know is that the market cap here is currently $1.4 million right now for a company who did $87 million official (audited) revenue in 2021, states they did $40 million last quarter, and has almost $100 million in total assets on the balance sheet (and when it was audited, same on the assets total value).
My guess is it depends
On if they become audited again or not. Investors are going to want to know if that $40 million revenue they made last quarter, and the $100+ million of revenue they made in 2022, was that officially audited revenue? Time will tell. No one knows for sure yet on that, from an outside the company perspective.
It’s actually $16 million in funding brought in
And not $17 million, if all gets filled, based on what the document says.
https://postimg.cc/Jy7q2LHB
If everyone exercises their warrants ….
That’s another 32 million shares added to the O/S, on top of the 48 million added, to the existing 17 million, to total (and cap) at 97 million shares if everything gets filled and exercised in this offer.
But in terms of funding:
They’d be bringing in $9.6 million in funding for the 48 million shares (at an average of $0.20 per share, from units at $0.60 average, as each unit is 3 shares).
And they would be bringing in another $8 million in funding from the 32 million shares added (if all warrants are exercised), since those are purchased at exactly $0.25 per share as an option to the ones investing in this offering. $0.25 per share * 32 million shares = another $8 million in funding.
Total funding being brought in is $17.6 million for the 80 million total shares (48 mil + 32 mil) being added to the existing O/S.
End result: 97 million total O/S (after 80 million shares added), and the company gets over $17 million total funding to help grow and expand.
They obviously aspire to be a $500 million (annual) company one day. It’s why they went public. They were doing $87 million audited revenue (year 2021 audited) as a private company. They went public to aspire to scale their business to several hundred million revenue per year. The trade-off is a higher O/S for shareholders, but 90+ million total O/S is still very small overall for a company who is attempting to grow and bring in $500 million in revenue (per year) down the road. They brought in $40 million last quarter, and we know Q3 and Q4 are even better than Q2 in the trucking industry.
Each unit is 3 shares ….
And they are offering 16 million units for $0.45 - $0.75 per unit.
Let’s say they average getting $0.60 per unit, and all 16 million units are filled (which is 48 million shares added to the O/S, since it’s 3 shares per unit).
16 million units (at $0.60 average per unit), brings in $9.6 million funding for the company.
Yes, 48 million shares gets added to the O/S, to bring it up to 65 million shares, but that’s still one of the lowest O/S you’ll still ever see in the OTC, and they end up with $9.6 million in funding, which goes on their books as added in basically the same value as added cash or net income in value, for them to do what they need to do to grow and expand more.
If you’re raising $10 million dollars, this is about the best way to do it in the OTC. Much better than dumping diluted shares in to the bid and crashing the price.
LOL ….
Maybe we can then get 0.002 of a share as a dividend for that.
Maybe they want to reduce it down to only 1,700 shares.
That’s basically what it would be down to, if they did a reverse split, lol.
Where are you seeing that at?
Do you have an exact page # ???
I’m looking at long-term debt on page 37.
Thanks.
They are growing quite a bit ….
Doesn’t shock me if expenses are going to be much higher than normal in the short-term.
Expansion always tends to pay off more in the long-run than immediately. Just ask Amazon about that through the years in which they would show a loss on their financials while expanding a ton at the same time.
Once “audited” financials arrive ….
If they only trade at 1x revenue:
$100 million / 17.2 million shares
That is just shy of $6.00 per share.