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“banking 10M by the end of the year he should have done something for us share holders in the toillete”
He’s said all along that he is going to build the business into something stable and profitable long term, lay the foundation, and then turn his attention to shareholders and reward them. Yes, he has a responsibility to shareholders, but it’s ridiculous to think that that’s his only or even primary responsibility. He’s leading a company, not a ticker, and it seems to be underway.
Honestly, a long term stable and profitable company is the best gift you could give to shareholders in my opinion. If you’re able to hold on, you can hold as long as you want, and the longer you hold, the more money you make. Hard to find something better than that.
Maybe from the PR they released yesterday.
https://ih.advfn.com/stock-market/USOTC/global-fiber-technologies-pk-GFTX/stock-news/88944690/authentic-heroes-inc-secures-first-purchase-order
C’mon man, how are you still bashing. $800,000 in deferred revenue is enough to show the business model is working. I’m not popping champagne bottles until this revenue becomes real revenue upon shipment of goods, more POs come in, and their marketing campaign starts making headway. But this is a great start.
Dang, I just checked in on this board for the first time in a while. Really sad to see. I had some people get in back in 2019 when Ziv took back over. Thankfully, I got out and invested elsewhere before it was too late. Some people I mentioned the stock to did not though.
Is there any hope for this stock in years to come? Or is it just best to sell all at .0001?
It is true that they posted those numbers. I would just reiterate what they said on Twitter, to check, OTC Markets to show there hasn’t been any. Someone should probably inform them though of the error. I don’t have twitter, I just check the twitter feed every so often, so I can’t.
I wasn’t attempting to call you a liar over the reported O/S, as I read the 10-Qs as well and knew the number you were referring to, but rather pointing out that the person with the same name on ST said they had never heard of the stock before, which would obviously be untrue if it were you. But as discussed it is really a true coincidence.
Good to have this all cleared up, anyways. Sorry for any misunderstanding.
Got your PM. Not gonna post it, but I don't pay for iHub so I can't respond through PM, so this is the only way I can let you know I saw it.
I don't use iHub very much, so I guess we're both learning about different sites.
Point remains, I checked OTC Markets on Oct. 27, and the O/S was listed at 1,443,999,211. It also seems unlikely that a stock's price would double throughout the period of time the O/S increased that much.
Not sure where you are getting your info from, but the O/S has been at
1,443,999,211 since October 27, and has not increased since.
🤷♂️🤷♂️ pic.twitter.com/e7LxXJF3ib
— Joe Cazz (@Jcazz17) October 28, 2021
Sorry for the delayed reply. Thanks for the update though!
Any update on this?
Fair enough. I guess change “predict” to “hope” lol
I get that. But my point is that after the hot opening to the day it got knocked down and then rebounded to where I predicted. I think GFTX will be in a short term trading channel between .007-.0095 while it consolidates.
Look at what happened after last Thursday. It came back to .0035-.004 for a few days, but once it closed above .003 it never saw the .002s again except for a few brief moments. That’s what we’re seeing now, but with a new floor at .007. We’ll be here for a few days, but I think either Friday or Monday is our best bet to close above a penny. When it does, I think all of us are in uncharted waters...still holding!
All imho
Didn’t take long for this to age poorly. As I said, it has to consolidate, but now there is a new floor at .007. When it dropped below that today twice, auto buys were probably triggered asap, ie the new floor.
Maybe instead of bashing true Fiber Heads who don’t always agree with your blind optimism (something I’ve unfortunately seen too often on this board), maybe you should remind true Fiber Heads of the great potential the company has like GFord. Save the bashing for chumps like Jack Frost.
I have a feeling multiple pennies comes before the end of q2, probably sooner. Holding the line to that and beyond...
RSI would matter if we were trading this stock. This isn’t a trading stock though, this is a long-term investment.
Is this worth getting pinned?
I’ve already got my ten bagger haha, still holding the line. However, on the Level II the road is a lot thinner to .008 than .011 because of all the buying. There’s pretty good resistance at .01 right now. Just a humble guess!
I think this will consolidate but now with a new floor of .007. From there, more jumps will come with updated 2019 financials, Yungblud social media updates, and 2020 quarterly financials being completed. From there the sky is the limit! All IMHO
Gotcha. Hopefully it’s all settled by the end of Q1. If that is finalized at the same time the announcement of the deals comes out, with the volume and growth today I wouldn’t be surprised if we saw this thing run beyond .05-.10, especially if they come out with new contracts for other artists too
When do you think GFTX will become current by? And when it does, do you think it’ll take off immediately? Just kind of interesting we saw such big gains today without news...
Not trying to be sarcastic or pushy, but out of curiosity, how long does it usually take to complete 10-K and 10-Q forms? Just trying to gauge company timeline!
It appears to be consolidating with support at 0014. 1-2 day trend lines look to have it in a narrowing trading channel. This combined with deep oversold on all the indicators usually means the stock will see a jump once it’s range narrows.
IMO