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Perhaps whatever plans he has for the shells is worth way more than the pennies he would get selling them.
Billy, I'm still holding a significant position. Some of the reasons are Geneva didn't give money out without a convincing business plan or collateral, Jeff is not broke and this shell has incredible potential. I will hold even if SEC pulls trading on this ticker which I believe will be temporary. I have both time and patience.
a W shape is forming. We may finally be out of the woods.
If Jeff is broke and no access to banking, why has there been not a massive share sale by now?
If Jeff is broke and no access to banking, why has there been not a massive share sale by now?
Does anyone know what Jeff's net worth is? I suspect he's not broke because this is not his first rodeo.
Thank you Billy!...looks like all this court issues should be by Q4 or sooner.
GTBP to be added to Russell 2000 by June 28, 2021!!
Billy, you are one of finest analysts I've seen in here. Your rational and DD is unmatched. I'm a believer because I've experienced some unexpected surprises in the marketplace over the years on the downside and upside. I guess I'm just waiting for that surprise.
I suspect Geneva Capital did not give an unsecured loan for Jeff. This shell will likely be the last to fold in Jeff's portfolio. It's the cleanest with the most potential. I also believe the court case is what's holding a lot of the publication on plans and announcements.
Perhaps there is no firms plans for this shell yet because the management team is not highly experienced and probably has been listed just for paper purposes.
Until Jeff's legal nightmares are over, there is no way he could focus on running other businesses, specially start-ups because he does not have the funds or pool of leadership to rely on. So he's waiting for the court case to end. One last reason I'm still hanging on is because if there ever was an upside to this, it will make it worth waiting and taking the risk.
I wouldn't invest rent money on this baby, but definitely some 401k positions.
Somebody still believes in this and grabbed a million shares. Btw I'm still one of the believers...
This stock has barely 1% demand and it keeps going up. I wonder what will happen if we have 10% or more of O/S volume.
If I had $10k, I would buy a million shares. This is no crypto or GameStop, but I believe it has the potential to become one in a few years. I'm holding even if this gets temporarily delisted. I just don't see this shell being shut down forever.
Mr. Bearden: I agree with Billy. Perhaps you could tap into many shareholders for crowd sourcing who have many skills to offer.
$22+ by summer!
Relax folks, why would he increase his net worth right now in the middle of a lawsuit or settlement. This isn't your GameStop play. This is more like the Warren Buffet deal.
One potential reason Bearden is waiting could be that since there hasn't been a settlement reached with Acembly yet, he wants to keep his net worth at a minimum possible.
Let the penny savers drop. This shell may be asleep for a long time, but when it wakes up, it will make up for all the impatience.
The float has effectively dried up! This little volume is moving ACCA by 30%+. Raise your ask folks!!
Thank you Billy!
Do we know anything about the President who will be running ACCA?
BAYP is an example of what a stock could do in 3 weeks when they become current with their filing.
As its loyal shareholders and supporters, we should offer ACCA any professional services or any assistance we can provide free of charge to get this baby up and running. This is how Tesla made it on its early days, relied on volunteers!
I have a minimum of three years of hold on my positions.
I remember when this stock barely had 100k daily volume on a good week. Now we frequently are hitting 7 figures!
ACCA has serious potential to make many of its early investors "FIRE".
Can you RM without financial consideration? ACCA is unable to buy anything right now. Also, I can't figure out why SNGY shares are restricted.
With phase I coming to an end by end of Q2, this one will easily go to $20.
If no news comes by at least the 1 year anniversary, this thing will remain a shell for a long time as there's simply no plans for ACCA.
Keep raising the ask, buyers are flocking
Up listing is very likely but I hope it is a long term goal, 1+ year. If it becomes short term goal, then there will be a chance of r/s.
Keep raising and holding the Ask, buyers are coming in droves and hungry.
Penny coming soon near you...
Real support occuring, sellers should increase their ask...
Thank you very much. This was helpful.
Does anyone know why Synergy's outstanding shares are not public?
$8+ is my price target by this time next year based on one or two mergers like B&D. At $50m revenue and 10x multiple and 60M o/s.
If you think about it, Bearden didn't drop $450k for this to sit around or shut down. Whatever the plan may be, it's more than low single digits penny.
At only 79M outstanding shares, why wouldn't this company issue more shares instead of r/s? Just so they can get listed. Smh
I forget who, but someone on here said a spike happening close to inauguration and another at the 1 year mark. ??