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Not sure if you were watching the level 2’s when it tested .0050, but when it hit .0051, a MASSIVE wall of .0050 bids popped up - 8 mil+, 5 mil+, and more - the mm’s backed off immediately. The support at .0050 is HUGE.
While it is possible that they would try to push it lower, at this point the diminishing returns will probably lead to this being the bottom. Filings, audits, pr, end of dilution - this rocket is ready to launch. It will never be this low again. Ever. All my opinions.
I re-read your post, several times, trying to find a single factual statement. I found one - Conway is, in fact, CEO of ozsc. Everything else was 100% false. Nice try.
Since pcti was a private company, no way to know exact revenue. That will be in the audit that is coming out shortly. Online sources for their revenue vary wildly. The number that most people are using is $14 mil. With the number of bids being generated, and their aggressive approach points toward very rapid growth. All, my opinion.
No forward split. Do your research - nothing to be gained by it. No rs - already stated. To properly play this stock, you must realize that this is no longer a penny/otc type stock - more like an ip for a new nasdaq stock - no longer minute-to-minute, day-to-day flipper fodder - this is a long term growth stock now, with the unique advantage of simultaneously being a defense stock AND a green energy stock. The perfect storm. Ever heard of a unicorn stock? This one is a Golden Sparkly Magic Super Unicorn. If you miss this one, you will tell the story for years.
Not sure. They had other licensing deals as well. Fell apart for lack of (non-toxic) money.
Financial headwinds became too much. Broad base of spinal surgery hardware. Tough industry to break in. I have been in ozsc for 10 months
The $7 mil was never borrowed. It was like a line of credit, but was never utilized. Dilution is from convertible notes. Most are already paid. All of the others will be paid shortly.
Well, we will see. At this point, .05 is about max, slightly more with hype/overshoot. Anything higher than that - well, in the words of the most brilliant mathematician I have ever met, “ it’s not impossible, just highly improbable”.
Sorry, but “illogical” is expecting sp to rise with 1.5 bil os. That is delusional. You can hype it up a little, but .25, .50 or $1 are pure fantasy. Can not happen.
OS is over 1.5 billion. Dilution is a moot point. OS are so high, without buyback or rs, it is IMPOSSIBLE for share price to rise significantly. At .10, market cap is over $ 150 million. Evidently, in your long-in-tooth wisdom, you missed that.
I am long, formerly bullish on ozsc. But -
Declining volume
Past peak interest
Repeated failures with fluff PR
Professionals “blaming it on an intern”
Continuously misleading statements on dilution, os, debt
They were handed a golden opportunity on a silver platter. Then management has done a great imitation of Monte Python meets the Keystone Cops. It would be funny if it wasn’t so sad.
Looking for an exit point to save what I can. This stonk is dead.
I have been bullish on ozsc/pcti. However, after seeing how they have created an echo chamber on discord, and used it to control / eliminate any dissenting voices or negative news, I don’t think that I can support them anymore. PR’s are hyped, then disappoint. Dilution and rising os are hidden, and not dealt with. It is constantly
‘next week’, ‘next pr’, ‘next bid’. All fluff, no substance.
Looking for an exit point to cut my losses.
OMG!!!! Godzilla just destroyed PCTi’s plant, and converted 500 million shares!
Check the price in 30 days. Then kick yourself. LOL! Happy hunting!
OK - all branches of the US armed forces trust PCTI. I trust their judgement. Your judgement, on the other hand,
not so much. Hang around! Please, please.....
Because of the volume, the SEC and FINRAS are already watching closely. EVERYONE (except you) knows this. Move on to the next fake bash. This one is toast.
EVERYTHING on Discord has been put out on Twitter, PR, website and Edgar. But you know that. You have my sympathy. Bashing a winner like ozsc is a tough job. Carry on.
Hilarious.
You call out distorted technical data - and then post distorted technical data.
Can’t make this crap up.
The 3 billion shares of additional “fully diluted O/S” do not exist, and will not exist for a long time, if ever.
Pot, meet kettle.
This is not dilution. Maybe mm manipulation, retail, bear raid - but NOT dilution.
For the sake of accuracy -
a short contract is for 100 shares,
So
102,000 x 100 = 10,020,000 shares, ~ 1% of os
Deal is signed by both parties. Final $300k to be wired to Cathy tomorrow.
Done deal. OZSC bought PCTi.
OS number comes direct from Waypoint John last night. It is accurate.
900M - 1B OS as of right now.
Dated Monday, March 10, 2010.
Interesting historical footnote.
Had the same thought.
Possibilities?
Kiss
Chiss (short i)
Keys
Chiz
Kizz
Kis (long i)
Cheez
Cheece
As much money as she is making us, I would like to show her the respect of pronouncing her name properly.
TY. ??
No emotion, by the numbers -
Post merger - no sunshine, no pie-in-the-sky contracts, just from the known financials -
Minimum - ~ .125
Probable - .125 - .2
Possible - .2 - .3
Home run (best case - no new contracts, etc.) .30 +
IMHO any run to .50 to $1 will require contracts - not bids.
Exception - if PCTi revenues turn out to be significantly more than $14 M, changes everything, obviously.
The misstatements/falsehoods will increase in their intensity as the merger approaches. The desperation is now obvious (and more than mildly entertaining).
Final OS will be in the 800M - 1B range. Realistic short term SP .075 - .20.
Long term SP could easily reach $1 +.
The ONLY thing that matters about OZSC is that it is current and clean (it is). Any residual/secondary value from ozsc that could be sold/spun off is just icing on the cake.
PCTi is the real deal - you very, very rarely see a quality company like this in otc land.
This is going to be one for the books - 10x ? - 25x ? We will see very shortly.
So -the merger is off ? The audit cratered ? Waypoint says they aren’t sure about the deal ?
I think that I an getting the hang of this!
Trying to be helpful here. Again, “operating expenses”. Business 101. Were you sick that day? OZSC is audited, current and clean. This merger is ALL about pcti, Ozsc history is completely irrelevant.
But.... but....but....
Hurts so good.
It is called “operating capital”, Magnum. Business 101. Look it up.
Audit is on track to be done by June 27 target date for RM. This could change, because it’s an AUDIT. The accountants decide when it is ‘done’.
It sure is beginning to feel like we are covering the same issues over and over again.
These carts are a huge improvement over the existing units. The new units allow the aircraft to be serviced on battery power, with the generator off. The reduced noise levels vastly improve safety and efficiency - and the new carts are designed to service several types of aircraft instead of just one. The old cart/generators wear out, and need to be serviced/replaced. This is simply the evolution of technology over time - a better mousetrap.
By the way, the cost/expense of this (or any) contract does not concern the military at all. Their funding is nearly limitless.
LOL!!!!
Best post of the day!
It has been 10 LONG months for me. About to get my happy ending. I earned this one.
I understand your frustration. I first invested in ozsc 10 months ago - I experienced the collapse in sp, crooked MM manipulation, massive dilution (twice), 1000/1 reverse split - Any idea what I did?
I day traded to increase my share count. Averaged down at every opportunity. Above all - I DID NOT PANIC.
I could still end up losing money, but I reduced my share cost from $1+ to < .04
There are two basic approaches to investing in stocks. Massive research + active management is the model that I follow.
The other model. Place your bets. Let it ride. The casino model.
I understand. My point was that the previous ownership/management did not “pay” PCTi to do the RM. The debt or other consequence(equity) will be paid by PCTi (or more accurately, it’s shareholders). PCTi paid to purchase the shell that is ozsc. OZSC did not pay for RM.
Correct. Important detail. Thanks.
CLARIFICATION -
OZSC DID NOT PAY PCTi TO MERGE WITH THEM.
PCTi will shortly own/merge w/ozsc. All of the consequence of the debt (agreements) now belong to PCTi.
$100,000 HAS ALREADY BEEN PAID to former CEO of ozsc.
PCTi bought the shell from the owners of ozsc. Period. The idea that they paid PCTi is nonsense.
Whether or not it was a good deal remains to be seen, but I am betting Mrs Chis is quite satisfied.
The generally accepted definition of a “clean” shell refers to their financial filings being current, and in good standing with the otc exchange, with no serious ‘black marks’. Debt has absolutely nothing to do with being “clean”, unless there is an attempt to hide or misrepresent. Taking on ozsc’s debt is a trade-off, which allows PCTi to go public much more quickly
(~1 year quicker). Time is money.
Clean shells are not easy to come by (eg. ELTZ - previous failed merger partner). That is why they were willing to assume the debt - for the greater benefit realized by the merger.