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They posted a profit and up in cash. However have to see how much interest and tax takes off. They need a net positive in profit. We will have to see how they are doing there. They did have a large stockbased compensation but that was due to a sucessful uplist. Once they show they are in the green it will be game one. Next quarter. We should see great news.
Moon market youtuber pump n dump
4.5 mil due feb 2024, 5.5mil due September 2024
Risky for sure but lead by well experienced people however they will be at the mercy of those who are granting contracts out.
Other risk entail lowered cyber security has been decreased from 2017 to 2020 with covid at peak at 18bil to 9.8bil. Back up to 10.89 bil.
Major issue I would say is the different acquisition and if they can bring them together. If not each acquisition are required to expand on their contracts. Difficult but doable with multiple key personnels.
CTM currently is in a rough position. With prices low and acquisition acquired with dilutive measure. They also have warrants and options totaling around $25mil some at 1.60 and some at 3.8 expiring 2027 and 2028. They also have 13mil for conversion of their prefered shares. Liabilities sits at around 14mil with some term loan, I believe one is due feb 2024 (dont quote me on this) at around $4mil. Last quarter they lost 3mil total vs the 4.6mil ish the quarter before this. They are closing the gap but only time will tell from one data point. Profit margin sitting at around 40% is pretty good but they need to close the gap on expenses. Massive dilution due to up list. While they grow their dilution grows in par.
Good news are military personnel leading the push. Military mind set are set with archiveable goals with however their ability to get their. They want a 400mil revenue company worth 1billion in 10 years. Ceo letter to shareholder expands on PR and further expands on how easy the push up to price up. Caution should be taken as any push upward on news may come woth dilution. Revolving loan at 700k with 1.8mil cash and mention that they can make due with the next 12 months.
Does anyone have proper DD on this?
We'll know if they make a profit next week.
Either they have the juciest news or no news. But they've been soo imcompotent..
This is the most depressing high hope stock ever.
How much money have they stolen from investors?
F this mangement team
So looks like the bigger name of the lenders are chosen and very recent as of last year. I just found this board today. How long do you reckon sec investigation would take? I also think we are favored to win these cases. My company I am currently invested in is getting shafted by John fife and denied renegotiations.
Man I shouldn't have invested in this garbage stocks, price stays the same proportional to shares. Garbage con man controls the whole company. Probably besties with fife.
This dilution has got to go!
Thats because dilution has been rising on par with the same damn price.
I'm starting to feel rxmd is a scam
Look at this post from 2015 http://www.hotstocked.com/article/90591/progressive-care-inc-otcmkts-rxmd-stumbles-again.html
The reason why is they can not get funding is because of their sketchy ass Armen who now hid his shares in his wifes name.
Sure collateral is needed but their history is sketchy with basis finanxe. Once a crook always a crook?
So what now?
When is the deadline for the s-1 form IF they were to release anything?
Are we going to have to wait another r4 years just to push John fife out. You can see the smugness in his LinkedIn page.
Quarterly will be on the 19th this month
Is 15% of their float of 400,000,000 shares is public then that would mean, 60,000,000. Our current float is 2,700,000. This mean for ever share we have we get 22 more. However this only mean if 15% of it was given to us original shareholder. Which I am maybe missed on the 8-k. I’m gonna read it again.
For example, the new company may trade 25 percent ownership for the public shell. If the new company has 100 million shares authorized, it gives 25 million to the original company's shareholders. If the original company had 250 million shares issued, each shareholder will receive one share of the new company in exchange for 10 original shares. In this example, if you owned 1,000 shares of the original stock, you would receive a certificate for 100 shares of the new stock.
Maybe next month for a 10k unless they file a NT 10K
“Every issuer that changes its fiscal closing date shall file a report covering the resulting transition period between the closing date of its most recent fiscal year and the opening date of its new fiscal year; Provided, however, that an issuer shall file an annual report for any fiscal year that ended before the date on which the issuer determined to change its fiscal year end.”“
Looks like they won’t be reporting until after march, but when can they report a 10k. I understand 10k is required withing 60-90 days of the new fiscal year but they changed it.
Os 2,700,000
This is probably it, lets not ourselves, Born and Alkeon is way too much of a coincidence. The only other alkeon is alkeon management which has no relations to FiveT
https://www.prnewswire.com/news-releases/born-brings-global-creativity--innovation-to-la-300963128.html
LOS ANGELES, Nov. 21, 2019 /PRNewswire/ -- BORN, an invite-only tech company and B2B marketplace focused on connecting design-centric brands with retailers, is celebrating global creative ingenuity by bringing their BORN Series to LA, for the very first time. The 9th instalment of the prestigious series, founded by BORN's Creative Director and Commerce Genius Jean-Christophe Chopin, an already established format in Europe, celebrates creativity in design lifestyle, with a specific emphasis on the fundamentals of desirability, functionality, and integrity. An annual global quest to discover the most visionary brands across six major categories (Architecture, Technology, Tech, Interiors, Fashion, Sports, and Retail Experience), invites leading creators to participate in a bracketed selection process, evaluated by a trusted jury. The 6 global winners, from 6 regions, spanning 6 categories, are champions in their field, narrowed down from a pool of 7,000 candidates and 192 nominees.
the world's first global SaaS platform that connects curated brands and selected buyers, has recently signed a multiyear Strategic Agreement with Italy based Group BolognaFiere Cosmoprof, organizer of Cosmoprof Worldwide Bologna.
If this is a platform for professional then big money will be moved around, this would be the defunt american apparel
But looks like we may still have something
https://www.prnewswire.com/news-releases/born-signs-multiyear-agreement-with-cosmoprof-worldwide-bologna-301119747.html
We are on the move!
Guess not
Poised for growth, Virginia legalizing weed!
They really are on the move! Just a two days ago I was accessing their older website. So yes this new site which showed up a few months ago here on ihub too but got ignored and maybe they were already done with the site then and I think it redirected to the new site for a short time. I am expecting something in a few days or even weeks. Not to mention they have a IR person. Yes I should not imply anything.I am excited. Yes DDM is trying to remain neutral. But I am excited and there is movement.