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That was on, or around, 10/11/18, and the share structure...I have not located yet..but will try to find that. If someone finds it please help out.
Then those people who slapped it haven't lost anything. They obviously held their LAHO shares and waited, like strong hands do. By the end of today they'll be further ahead. Pretty simple.
Even if FERN can produce a sports betting application that can generate an annual revenue similar to FanDuel (124M/yr prox), then FERN is worth $.06 pps minimum
You'll get there.
Thanks for the PM regarding FERN and that other tidbit. Will surely do some DD.
Average volume of FERN used to be just shy of 17M/day.
Last 5 days it's averaged just over 40M/day.
FERN is drawing in new people, bigger money, and more support.
Start seeing some killer volume like *AHO and this will run fast.
News hasn't really sent this yet. Going to be fun to watch this one...
https://www.barchart.com/stocks/quotes/FERN/technical-analysis
Checked a few times today. No new filings with SEC. Maybe tomorrow we'll see something, or Monday, or the day after that.
Thanks. Good to know what you own.
A real estate referral app by FERN can generate referral fees for every deal closed. The Radius app pays a 25% referral fee, guaranteed! How much revenue? Huge potential IMO.
https://www.radiusagent.com/
betting app revenue, match dating revenue, real estate referral revenue, etc. Starting to see the big picture here?
If the dating/match app can even come close to what The Match Group does annually:
https://www.statista.com/statistics/449432/annual-dating-revenue-match-group/
then FERN at a minimum reaches .07 pps (10M shares=$700,000 return)
That is IF the revenue equals the Match Group. That also does not include revenue generated by their other upcoming apps.
Could get interesting after 4 quarters of published docs.
T~
One of the sectors addressed in recent news was dating:
According to research firm IBISWorld, dating services in the US were a $3 billion a year business in 2018, growing since the previous year. Around 15% of US adults, or around 50 million Americans, say that they have or continue to use websites or mobile dating apps in their pursuit of romance. While these numbers are promising, it’s interesting to note that some sources indicate that revenue growth for the industry is projected to slow through 2022. Others, however, predict that revenue is expected to grow 25% by 2020.
Chart: https://uploads.toptal.io/blog/image/126733/toptal-blog-image-1533144108694-04b41e23c90348cd946258a4ab3782c7.png
Still, it’s a fast-growing industry. According to the Pew Research Center, between 2013 and 2015, online dating usage tripled among those between the ages of 18 and 24. Beyond its existing users, dating services benefit from tailwinds such as an untapped market, increasing millennial spending power, young people delaying life milestones such as marriage and home purchasing, as well as working longer hours. This is all on top of the growing ubiquitousness of broadband internet and growing acceptance and legitimacy around online dating.
A very competetive market to get into. Also, does the market show a need for another dating app? We'll find out. Once FERN completes their market analysis, that news can be revised if they decide to pursue a different direction.
A cannabis app, depending how it is structured is going to be difficult. Google Play Store really tightened the screws down on those. FERN's team is sharp and I'm sure they're going to be covering all angles in development and legalities:
https://www.fool.com/investing/2019/06/05/google-says-marijua-no-to-cannabis-apps.aspx
The obvious strategy is to hammer this to paint the cost down for cheapies, then keep flipping it for little profits. Works well for some for a little while. But when this runs, and it will, they're left chasing. This game won't last much longer. Buy and hold. Every time FERN breaks it's 1st resistence point, someone dumps their shares and takes profits. The strong hands need to pick up those shares and hold them.
FERN is a heavily shorted stock:
https://www.otcshortreport.com/company/FERN
Would also be nice for PHIL to be back (or past) it's 52 week high of .0325
https://www.barchart.com/stocks/quotes/PHIL/cheat-sheet
Once we get past the 1st resistance point and establish that strong base, the ugliness will be a thing of the past.
https://www.barchart.com/stocks/quotes/FERN/cheat-sheet
I can't imagine what it's like to wake up every day and be 100% wrong again. Day after day to no avail.
LAHO will do the exact opposite of anything bad said.
Didn't go to no bid last time I checked.
No SEC hammer.
No R/S obviously because they aren't current yet.
Only higher lows, not lower lows.
That can't feel very good.
No they're not. They're always lurking no matter what the price is. Eventually they give up the chase as it gets out of their price range. FERN will move fast when news drops.
I agree 100% with one part of that post. T-Mobile is indeed making money.
Gambling Compliance has a more conservative revenue estimate than DiClemente and others, forecasting that sports betting will generate about $1 billion this year and between $2 billion and $6 billion per year in five years. As a comparison: Traditional casinos bring in $40 billion per year.
Huge enough that it's WORLD NEWS:
https://www.fis.com/fis/worldnews/worldnews.asp?monthyear&day=8&id=104015&l=e&special&ndb=1+target%3D
Looks like they are taking necessary precautions going forward to avoid future contaminations. Minor setback..most already over it.
quarterly reports interest me more.
https://www.owler.com/company/vinafilms
Could be some good news coming regarding Vinafilms
Hoping that the development team at FERN will top the Bovada betting application. The initial enthusiasm of the CEO and the experience he looks to bring into the app for FERN and the investors is exciting to say the least. Take a look at Bovada to see where this app sets the bar:
https://www.oddsshark.com/review/bovada-sportsbook-review
Look for news soon.
T~
That's pretty smart speculation, but he'd still be required to file that he is doing so.
Don't you think he would file some paperwork with the SEC to show that?
Wrong board if you're looking for cheerleaders. That's **CM
This isn't arguing, it's just another day of calling out a blatant troller.
You could just buy and wait like the rest of us. Do some DD and maybe you'll agree? Just my opinion. Might want to check it out more. Or not, up to you 100%
I'm so thankful we all held our shares of LAHO because I thought for sure this was going to .0001
Not really, never believed that for a second. Up it goes.
Funny how that works.
"Nobody has a large position here."
100% speculation
Smart investors buy on the dip. Investing 101. You must be new at this.
Keep posting and you'll soon run out of your free 15/day posts..
Pretty bold statement. Many here have large positions. You have no way of knowing that. You might want to get L2 and you can watch daily transactions of FERN. Very helpful.
CEO has done everyting he set out to do and said he would do thus far. There's nothing at the point to not invest here. Longer you wait the more you will pay. IMO
On May 30, 2019, the Company’s Board of Directors passed a corporate resolution to further extend the Record Date to September 30, 2019 and re-stipulate the provisions for the afore-mentioned stock dividend as follows: (a) Eligible shareholders: In order to be eligible for the above-mentioned special stock dividend, the minimum amount of Common Stock of PHI Group, Inc. each shareholder must hold as of the September 30, 2019 (the New Record Date) is twenty (20) shares; (b) Dividend ratio: All eligible shareholders of Common Stock of the Company as of the new Record Date will be entitled to receive one (1) share of Common Stock of American Pacific Resources, Inc. for every twenty (20) shares of Common Stock of PHI Group, Inc. held by such shareholders as of the new Record date; and (c) Payment Date: the Payment Date for the distribution of the special stock dividend to be ten (10) business days after a registration statement for said special stock dividend shares is declared effective by the Securities and Exchange Commission.
So in reading this, October 10th or later for stock dividend? 1 share for every 20 held? Some will gain millions of shares easily. Am I interpreting that correctly?
I'm in..
But this isn't going to stop at a penny, or a dime.
As an investor, here at SRMX, or any other ticker, I like to know what I own and being transparent about it is the right thing to do I believe. I have received another email from Max that was a copied email that someone sent to him. He was not happy that I shared our conversations, but I felt it necessary for people to read and see and make their own decisions. Like I've said before, my posts are opinion and don't get personal.
I did tell him I won't post his emails again without his permission and I plan to stick to that. I don't feel I "need" his permission as I'm not violating any law or disclaimer (which he does not have attached to his emails). None his words are a threat to national security or were revealing top secret information. He just didn't like being exposed. That's how it goes Max. People need to see:
https://blogs.findlaw.com/law_and_life/2018/04/is-it-legal-to-publish-email-correspondence-without-permission.html
I've made my decision regarding SRMX and you have to make your own.
Good luck to all.
T~
Yes, launched the development of...regardless, tick tock FERN.
News soon.
With 2019 NFL season fast approaching, which will be a large focus of a betting app, they have less than 3 weeks to develop, test, and launch their app.
http://www.nfl.com/schedules/2019/REG1
Hopefully it's not a rush job with bugs. Patches are fine, but that can get it off on the wrong foot.
Either way, at least announcing it will do great things for FERN.
Will be soon, IMO.
That's why the OTC is not a great place for most traders. No patience or tolerance for the volatility. ETFs are more their speed...
Nice read to give some insight on cost and detail orientation of all things considered in developing and launching a betting app:
https://www.octalsoftware.com/blog/sports-betting-app-development
Not something you can/want to rush. There's good competition out there currently, so hopefully what FERN does matches and goes beyond.
Looking forward to this for the betting man in me.
GLTA/FERN
T~
Wait and see what happens to the share price when first quarter revenues after app launch hits..
I believe PHIL is a good sleeper to get stocked up on, because it's going to catch many off guard when it pops and people will be wishing they had loaded up down here.