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I'm talking about the number of shares traded today!
1.25M and dropped it into the low 2s. 1.7M last week dropped it into the low 3s, when most days it struggles to trade 100K shares if it can even trade 50k.
Do people not watch the trading volume and price action on the stocks they invest in?
You really think peeps got tired of holding and dropped over 3M shares in 2 different days. Only one reason for huge jumps in volume like that and price declines on no news.
I'll leave you to figure it out. I am guessing we'll see the OS increase by at least another 2M next update.
All anyone can do now is hold for the end of the year for a tax loss and hope for a miracle between now and then.
Another million plus shares dumped on $VRUS today, I'm surprised there are enough buyers to keep it above .02. Noteholders are winning again because of stupid retail greed. I wish they would be greedy on my stocks! LOL
LMAO still haven't figured out the reply button yet! huh?
How can you sell what you don't own?
Where's this coming from, you said it was going to drop to .50! Then Reverse split, now your saying it is too low for you to sell, did you give in and buy, now you are turning bullish?
Get out!?! You said you weren't buying until .50! And if you still think it's going there why not sell out now. It's going to keep going down for a while IMO because most don't understand what this company is.
Very possible, but it will be in about 6 months to a year in my opinion, once the platform is up and running with most of the bugs worked out and the number of sellers they have onboarded increases dramatically.
What has he done? He resigned as CEO and Chairman of the board and left Andy holding the bag!
I haven't been tracking the numbers lately but it is up to 19M now and it was around 17M last i checked.
And another half million in the last few minutes! Timberrrrrrr!
Looks like Andy found the dilution faucet. Over 1M shares traded today and price dropped below .03. Conversions will get worse and worse as time goes on and pretty soon they will have diluted to 5B shares again. Is there really any hope here?
You and me both. I haven't looked at it in a couple of days, but the front end was still a mess, but they have stated they are focused on the back end. Hopefully the front end is easy to sort out once they get the back end worked out.
Who knows the agreement stated they weren't allowed to short or anyone they were associated with, but that takes evidence to prove it. They didn't need to be short though the agreement was written as such as they received their shares and then the buy price was determined 5 days later as 90% of lowest traded in previous 10 days, so they only needed to dump enough to drive it down low and they paid nearly 50% of what the price was the day the purchase order was issued. I don't know if FLES didn't realize that would happen or if Triton told them they wouldn't. We will probably never know, but I am glad they are gone.
Still a long wait and hold here. I don't see a major increase in SP until sometime in early 2022.
Well they still have their warrants, don't know if they executed those or not or still will?
I don't have DM, but you can contact me on Twitter or Stocktwits under the same username. I know a couple.
I believe you.
.
They focused on aftermarket accessories and upgrades, not common replacement parts.
It has always been a things people want, not need operation until now.
Once the new marketplace is fully launched and more sellers onboard, you'll be able to get the brake pads you need.
It will probably be at least a year to get to that point though, hope you stick around.
Yeah I think that is a different annual report, then financials, because this is NV SOS site, financials go to OTCM. and RETC just filed their 10Q for the quarter ending June 30th in August on time, the next quarter ended 9/30/21 so yes they have until around Nov 15th to file the next Q. So hopefully they do get it filed on time.
Here is a link to the filing, but I can't make heads or tails of it.
https://esos.nv.gov/EntitySearch/OnlineEntitySearch just search 12retech under business name and click on the filings button.
trips are the allure right now. A lot of their shops in airports were and are still temporarily shut down due to covid, but they seem to have innovative products and technologies that may cause it to take off once they can start generating revenues again. Just before COVID they had a record breaking quarter.
Never said you weren't or couldn't be disappointed. I answered your question weeks ago. The part finder is broken and does not work, in order for any parts to show up you need to delete the vehicle information out of the part finder and just use the search box. Sorry if I came across as insulting.
https://autoparts4less.com/search-results?search=toyota+tacoma
https://autoparts4less.com/search-results?search=toyota+corolla
Parts are there, their part finder is just broken still, they said this was beta test and they are working to get it running better for SEMA show with an official launch target of Nov 10th.
Yes it is buggy slow and doesn't have as many parts as it will eventually have, but it has only been live for a month. Give it time. In the mean time they are bringing in 13M in Revenues just from liftkits4less alone.
10,000+ parts come back on a search for Exhaust and they have no parts? You sure you went to the right site? LOL
https://autoparts4less.com/search-results?search=m7+speed ~4100 results for this search
https://autoparts4less.com/search-results?search=cargoglide 690 results for cargoglide product.
You sure you are using the internet correctly, and this is just their new platform that is still in beta their existing revenues are coming from liftkits4less.com. Please tell me also how there aren't any parts there as well.
No attorney letter needed here, they got pink current with the attorney letter back in March, Now we are just waiting on merger news. There is a ST page for this a while back to for anyone interested.
https://stocktwits.com/symbol/AIMH
Funny how that happens when people sell, and when people buy it goes up. The low volume here has been ridiculous, there has been absolutely zero buying pressure for the last 2 years. No one goes long in the OTC they sell if they aren't up 100% in 2 days! It's a joke, but I am done with this board, have fun bagging all you want, a total of like 6 people even read this board each day. peace out!
Keeping plugging your ears, and keep ignoring what is coming.
Code team continues to make progress on all fronts. Site Speed, Seller Dash Board, Data Base & API Optimization all improved. Once the BETA phase is complete; will have significant announcements about our software partners. Expect BETA to wrap up before SEMA show! $FLES
— Christopher Davenport (@AP4Less) September 21, 2021
RS with 3M shares in the OS?
just trying to point out how idiotic it is to think a RS could even be an option at this SS and price point, what would it achieve?
What do you think the ratio will be?
short term pain IMO, we near max pain yet?
And MENA revs are going down 1.5M down QoQ and 3M down YoY, losing the contracts Anshu brought to the table. Looks like they'll be lucky to do $1M next quarter in food sales and after that pretty much nothing. VRUS is dead IMO.
Just went quickly through the exhibits attached to the S-1 and the one note is convertible at the closing price of the stock the day before, no matter what that is, and the other note is convertible @ $2 with no mechanisms for adjustment that I could find in either.
https://www.sec.gov/Archives/edgar/data/1438901/000116169721000440/ex_10-3.htm
https://www.sec.gov/Archives/edgar/data/1438901/000116169721000440/ex_10-4.htm
It is registering shares for the conversion of existing notes that were on the last Q. I haven't taken the time to read through it thoroughly, but it is more dilution but at a very favorable conversion rate of the previous days closing price with no discount. They may never convert as they have been paying off debt before conversion according to the Q. But these ones seem to be convertible at any time the note holder wants, not in the event of default. So the note holder may be looking to convert, hence the S1, but with no conversion discount, the market is really in control of the conversion rate. I will update later once I have a chance to read it in depth if I got anything wrong.
Just for you my friend, for the 5 people who visit this page. It actually paints a bright future. This board is very quickly becoming irrelevant and not worth the time. GLTY though!
https://www.globenewswire.com/news-release/2021/09/15/2297505/0/en/The-4Less-Group-Inc-OTCQB-FLES-Reports-2nd-Quarter-2021-Results.html
It was in the PR, so .....
I am resigned to feel it will be another 6 months minimum before SP starts to reflect true value. I will attempt to focus on other things! Checking in every now and then. Hard to be one of the few supporters. GLTA
Knowing this company's history, I don't think they would project that if they weren't confident in hitting it. I expected a $12m projection max, this definitely exceeds my expectations.
$FLES overreaction to a single soft quarter is creating buying opportunities this morning for those who can see where this will be in 1-2 years. If you are looking for a quick flip you will be disappointed.
PR paints a confident end to the year!
Marketplace is live now, and the company hinted that it would be June or July earlier this year, then they PR'd it would Launch August 25th. It actually launched August 26th.
Well I am anxious for the PR tomorrow with revenue projections for the rest of the year. It did state in the Q that one reason it went down was due to decreased eBay sales do to eBay placing restrictions due to supplier issues due to COVID and supply chain.
Revenue on their own site appeared to be up. Last year was a weird year and revenues were up huge in Q1 this year due to tax returns and stimulus. Hoping to see good projections indicating that Q3 is going better. They have over 500k SKUs on lk4l now and the marketplace should start generating noticeable revenue in Q4 after the bugs are worked out.
SEMA show in November is the start of their big marketing push for the new marketplace.
As I expected, good, not bad, but not great either. $6M in revs for the first 6 months. A bit more debt again, but at great conversion rates if they convert. Debt sucks but they need money to do what they are doing, and people stopped buying the REG A, so what other option did they have? Interested to see what the PR tomorrow says.