RE:RE:RE:I phone XTheRevenant, thank you for your comments. As always, I totally agree with you. Based on what you said, I will hold my action of large buys. And wait to see what will happen in near term. Thanks again, TheRevenant. Good luck to you and myself. Cheers.
TheRevenant2016 wrote:
I dunno Super M. I personally think BB needs to go. that what this company needs now
is not part of his managerial skill set. this was his first foray into managing a company of
this ilk and being publicly traded. he was the inventor/co creator and even he must know
that what HITCASE requires now is beyond what he brings to the table on the day2day.
Many and I mean many a great creator of a product service or technology did not make
the companys best CEO and at some point determined by a vote of the BOD
a decision is made to keep an individual on or replace them-demote them etc etc
if the asset continues to be an underperforming security OR in the case of being
a blue chip-losing market share-mounting losses-etc etc.
Were at .03 to .035 per share because of non performance in the past 2 reporting quarters
both Q ove Q and Y over Y.
This Q cannot prove to not show a reversal in revenue direction and by that I mean
an uptick to the positive. LongTB was calling for a 2:1 move between Top line and
Net income and posting a profit this coming quarter. If that be the case its being
a well kept secret cuz its not acting like that in the trading. I hope he's right.
REALLY RIGHT cuz at .035 per share for this product? its friggin better and more attractive
and trendy then anything else on the market right now-on price and specs...seems
repugnant if not out right disgusting and most definetly unacceptable performance
by management. IN MRS you could see what they were doing strategically and tactically thru the companys news flow-from additions made to management...from continually being funded by the US Dept of Defense or Homeland Security to develop product and commercialize whatever those two depts commissione...add a third with the US Navy and commissioning MRS to develop and product and commercialize the US Navy Electricans Impact Safety Vest earlier this year...so you could see that at .025 per share to .;03 ask what was coming together down the line in the not to distant future and they were getting their ducks in a row accordingly heading into the commercialization and distribution contract phase of their business cycle...and that the market was mispricing it and overlooking those developments altogether but as things developed and visibility increased and on one BIG announcment like Sept 6th when the stock was still at .06 those valuations would correct strongly to the upside and lo and behold it did and ran to .31 shortly thereafter and is still trending at appx. .25 per share...but there was all along with MRS news flow.
Strong news flow. There is zilch here. ZILCH. other than announcing taking pre=-offical rollout of Iphone 8 and Iphone X and the first of its kind in the world lens mounting system....and the release/update about Crowd and Company? we have had zilch news flow and this is a consumer driven sales story...and you need to be spending money to get mindshare and shelf space and to do that you can't just be a social media presence...its simply just not enough.
So with the company ratcheting down the OPEX side to reign in expenses-staying thin in the process and trying to decrease the spread between negative cash flow and breaking even?
there is no money in the treasury to do a bang up marketing job so its a chicken and egg syndrome
you can't market without effective capital and without capital you can't market effectively.
I am concerned here. I truly and sincerely am. I think their on life support systems.
One glitch or pulse hiccup (vis a vis one lack of a capital injection) of remaining solvent.
Great product. I am a customer/user of the older version Hitcase Pro 1.0 and have the
chest strap mount and selfie pole mounts. I can attest to its waterproof specs as I capsized
a tandem kayak on an outting and in the chest mount straping it remained water tight.
i have dropped it further than the 20ft or so it is rated for-while traversing...down a rock face...it must have hit the black shale outcrops three or four times on the way down and we had to repel
back down to pick up my iphone. the case was marked up but intact....my phone survived without a scratch. I swear by the product. BUT my kids for whatever reason prefer not to put their own Iphones at risk even in a Hitcase option-knowing all the tech advanatages using their iphone has over having to run patchcords and having to upload etc etc from their GoPro onto their pc or laptop and then to distribute whatever footage they have taken to their various social media accounts and friend contacts to share.
So...I am long. A captive long right now and I think that this company and the HITCASE and its entire product line is being shopped around vs a large distribution deal being announced.
WHY do I say that. Cuz it dosen't take this long for Crowd and Co or Company XYZ to come
to terms and conditions with a distribution partner cuz what does Hitcase have to leverage from or bargain with? not much. a depressed share price dosen't help.
So I believe if their is a large dist agreement whomever is signing on (taking what we know at its word from the NR made public) will also be taking an equity stake in HITCASE or possibly a 50/50 JV situation OR just a merger for X amount in cash or X amount in shares (if the company involved wanting HITCASE is publicly traded).
My average cost is appx where were trading at right now. I would take .10 to .12 in an all cash offer in a heart beat or .20 a share in GoPro stock if they were the aquiring company.
It in my opinion however woulnd't be GoPro taking a run at HITCASE and IMO it won't be APPLE.
It would be a mid tier player looking to broaden its own footprint and product line who were now seeing in a mature market sector for what they have themselves offered?
Stagnant revenue growth as in flat top line themselves and needing to growth
externally thru aquiring companies like HITCASE that are such a good name
to brand and such a compelling well made-high end quality product line
from start to finish...and took a run at Hitcase for that obvious reason
of having the distribution lines themselves already established
that will make Hitcase what it deserves to be.
A number one category killer not just on specs and price.
BUT ON SALES-and if we were to get an all equity stake
in a publicly traded company vs cash from a private company
aquiring us...I am just okay with it personally.
Cuz where we are heading right now if there is no turnaround exhibited
in the coming quarterly report and NO USA distribution deal announced?
The reverse split as hail mary will IMO be next.
Just my opinion. and I am an objective long. A subjective critic could have a field day.
i can't advise either way or suggest in whole or in part what you should do SuperM
Cuz I am not happy and feel at 300,000 share or appx $10,000 invested
I may myself be over exposed to the downside and under exposed
to the possible upside.
SuperMoney wrote: Patrice, really? Could you please post something as a evidence here? Hey, TheRevenance, do you believe this is true? If yes, why? I got a position on HIT recently. But If I feel Patrice's post is true, I will load all shares at 0.035 and even 0.04. Comments please. Thanks. Cheers.
Patrice440 wrote: Hitcase products for i phone X coming soon!!sign up on hitcase website if you want to get notified...
ok gang, something BIG is coming.... maybe a buyout (apple?).... i think big news coming before the next quarter report ! Load load load
glta