This thread is for simple questions that don't warrant their own thread as well as general discussion. We strongly encourage you to check the sidebar before posting. Please feel free to engage and discuss topics with other members of the community.
IMPORTANT: Downvotes are strongly discouraged. Sorting by "New" is strongly encouraged.
Long story short, the company is laying off our center in July due to money issues. The stock been on a steady decline for about three years. It's a ISP. Currently the stock is under $2 and about a year ago they did a reverse 15 to 1 stock split, I believe to keep some of the investors calm... (I think that was what they called it.) With a couple years I expect one of two things to happen to the company: 1) They get bought out by a competitor. OR 2) Bankruptcy. I think option one will happen due to use having a fairly large footprint with some decent infrastructure in some states. I do have money stashed away so hoping to make some money off the dying company if possible.
What I'm curious about is hypothetically, if ATT or Verizon bought the company in a few years is it likely that the stock will go up? For example, if Verizon bought the company would the stock price be the same as Verizons at that point? 2) If that does happen will the reverse stock split still be in play? ie; If I but one of our stock @ $2 and then Verizon buys it and they're at $50, will that turn into $750? ($50*15)?
Apologies, if it doesn't make exact sense as I don't have to much experience in this field and just trying to see if it's possible to make a buck. Thanks in advance.
Anyone have any thoughts on mPhase Technologies (XDSLD)?
I followed them several years ago after tuning in to their nano technology portable battery pack, but not much was happening with their last CEO. At the end of last year the company was taken over by Anshu Bhatnagar, the same person who has made major positive changes for VRUS. The XDSLD ticker is new after just finalizing a reverse split (formerly XDSL). Does anyone have any info on this company? I have a small position, considering further investment, and I am cautiously optimistic, in part because Anshu has proven himself a competent CEO, but also because they have some very competitive nano tech patents that may be utilized in the portable battery / electric vehicle industry.
OrgHarvest Inc. is the First Cannabis Cultivation Company To Complete Qualification Process for Reg A+; First Reg A+ Campaign Launched on a TruCrowd Portal
Chicago, IL, May 23, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- TruCrowd, Inc. (“TruCrowd”), a crowdfunding-based investment platform and one of only a few FINRA-registered crowdfunding portals in the U.S., announced today that its cannabis-focused equity crowdfunding portal, Fundanna (“Fundanna.com”), is hosting its first Reg A+, for what appears to also be, according to a statement made by Mr. Adesso of Waller Lansden Dortch & Davis, LLP, the first cannabis cultivation company to complete the Reg A+ qualification process – OrgHarvest, Inc. (OTC – ORGH); qualifying for a REG A Tier 1 for $20M.
“While this is not an equity crowdfunding offering, nor a campaign directly launched or supported by TruCrowd, Inc., it is still exciting to see one of our industry-specific portals leveraged for a Reg A+ offering,” stated Vincent Petrescu, President of TruCrowd, Inc. “Especially when this offering is reported by OrgHarvest to be, the first such offering made by a cannabis cultivation company.”
TruCrowd does not launch, run, organize or otherwise offer Reg A+ directly. The OrgHarvest Reg A+ offering has been facilitated by TruCrowd Services LLC., a third-party Marketing Services Firm, co-founded by Digital Asset Monetary Network, Inc. (“DigitalAMN” (OTCMKTS: DATI)). TruCrowd Services, LLC., focuses on marketing Regulation A (Reg. A+) and Regulation Crowdfunding (Reg. CF) for startup and development-stage issuers listed on funding portals operated by companies such as StartEngine, Republic, TruCrowd and WeFunder, etc. Marketing firms like TruCrowd Services, LLC., are engaged by issuers such as OrgHarvest, who then turn to portal operators such as TruCrowd for access to ‘the crowd.’
Mr. Petrescu concluded, “As the first and currently only cannabis-focused equity crowdfunding portal operating, opportunities like this continue to increase the overall visibility of Fundanna.com. While I may not know what the future of Reg A+ holds for TruCrowd, with new listings continually onboarded for Reg. CF offerings, I am excited about the future of TruCrowd and our family of equity crowdfunding portals.”
ABOUT TruCrowd, Inc. (owner and operator of truCrowd.com)
Located in the heart of the financial district of downtown Chicago, TruCrowd is a FINRA member equity crowdfunding portal operating under Regulation Crowdfunding (Title III of JOBS ACT); connecting startups and emerging businesses with non-accredited and accredited investors. Built on the belief that not all businesses and investors are alike, we pride ourselves on delivering a personalized and professional funding experience through industry-leading technology.
Deal Provides SinglePoint Monthly Access to over $50 Million in available products to Streamline Sales Process to CBD Positioned Companies
PHOENIX, May 23, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- SinglePoint (OTCQB: SING) announced today that it has signed a comprehensive supply chain and co-selling agreement with Nevada based JMSJ Holdings. The scope of the agreement provides SinglePoint, guaranteed access to $50 Million USD of industrial hemp derived CBD isolate each month. SinglePoint will then in turn offer for sale CBD Distillate, CBD Isolate, and Hemp Biomass to fortune 500 and B2B companies to be used in the manufacturing of retail products.
According to President Wil Ralston, "There’s a lot of confusion among the CBD marketplace, specifically companies that are actively endeavoring to purchase Hemp and CBD raw materials necessary to formulate/fabricate retail products. We dove into this intricacy and quickly saw an opportunity for SinglePoint to step in and streamline the exchange between buyers and sellers. Our agreement with JMSJ Holdings gives us access to a consistent supply of products and a direct co-selling relationship. We are confident that customers will respond favorably and SinglePoint's revenues attributed to the CBD market segment will grow exponentially as a result."
Meghan Rodriguez, co-founder of JMSJ Holdings, "We are excited to partner with SinglePoint on this bold initiative. Our experience to date has been that in which the demand consistently outgrows the supply. Yet, the continued demand for hemp derivatives remains prevalent, in accordance with third-party analyst supporting expectations of consistent market growth well into 2030. In large, our success in the hemp market has been a byproduct of the longitudinal approach taken to construct a robust supply chain rooted in operational 'know-how'. However, frequently the rate at which additional market share can be acquired is directly impacted by Buyer misinformation. Resulting in the necessity to ask the Buyer to participate in a time-intensive process focused on qualifying prospective clients. SinglePoint, being a fully reporting public company brings a certain transparency to much of the aforementioned vetting process. Our expectation is that in tandem with SinglePoint, buyers will become aware of our premium offering; now able to purchase goods in a condensed time frame at a meaningful internal cost reduction. Earned efficiencies in combination with SinglePoint's willingness to co-invest authoring a truly ‘consistent supply’ are likely to result in significant revenue."
SinglePoint has set up a new sales hotline to facilitate inquiries and sales. Interested parties can call 855-203-3318 or send email to email@example.com
$PSIQ is happy to Report our Elite brand is now available in over 600 stores domestically and internationally. We are currently in discussions with multiple retailers at The Champs Trade Show for new retail placements this quarter to increase revenues significantly. Stay tuned...