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Bullboard - Stock Discussion Forum Frankly FRNKF

Frankly Inc is a is a Canada-based company provides software platform for brands and media companies to create, distribute, analyze, and monetize their content on the web, mobile, and television. The company offers digital publishing software as a service and related advertising services for media sites on the Internet and integrated platform of the content management system (CMS), Web and... see more

OTCQX:FRNKF - Post Discussion

Frankly > Going to pennies soon ?
View:
Post by kiskadog on Jan 03, 2019 2:06pm

Going to pennies soon ?

Customer Agreement – Following the United States Federal Communications Commission's December 2018 approval of Gray Television, Inc.'s merger with Raycom Media, Inc., Gray terminated its advertising representation agreement with Company, effective as of December 31, 2018.  For the nine-month period ending September 30, 2018, revenue under the Gray agreement accounted for 23.2% of Company's total revenue
Read more at https://www.stockhouse.com/news/press-releases/2019/01/02/frankly-announces-results-from-shareholder-meeting-termination-of-gray#om7OLZwP7j4sGSm8.99
Comment by wealth2015 on Jan 03, 2019 4:06pm
most of investors enter long or short postion to create profit. since you seem  very confident that Frankly will go to pennies I would assume that to profit you need to be short stock. Frankly short position is one big 0. So since obviously you are not shorter are you just pushing hot air with statemnets you are making or you think that you are entertaining readers?
Comment by kiskadog on Jan 04, 2019 2:47pm
Well that did not take long PENNY STATUS TLK is . . Quote as of: Jan 04, 2019 10:49:00 AM ET  Level II Quotes Orders Shares Bid Ask Shares Orders 1 1,000 0.70 0.90 200 1 1 300 0.51 1.00 400 2 1 2 ...more  
Comment by rborhi on Jan 30, 2019 2:10pm
Glad I got out of this a long time ago, what a disaster. Any chance of a turnaround, looks like they're losing contracts left and right. Super tiny market cap now.
Comment by kiskadog on Jun 04, 2019 10:03am
And very soon back to pennies once again . First Quarter 2019 Financial Results (All amounts in U.S. dollars) Revenue decreased 69% to $1.9 million from $6.1 million in the prior quarter and decreased 68% from $5.8 million in the first quarter of 2018. The year-over-year decrease in revenue was due to a significant decrease in license and usage fees and advertising revenues primarily driven by ...more  
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