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Posted: 2/1/2023 2:49:29 PM EDT
[#1]
Quote HistoryOriginally Posted By Osprey61: Well, dang it I overslept  When Anubhav said we'll complete the merger in the first quarter he wasn't kidding. They must have worked through a big part of the regulatory and financial process well prior to the Dec 1 announcement. Nice. Full props to Summit, they seem to have left the ham-fisted floundering of the "good old days" well behind. Don't know if it was the early closure, but if you didn't notice the forecast revenue stream range increased by $2M. Good talking points for the 4Q22. Anyway, aside from the successful consummation itself, this is the payday: "Expecting to expand partnership with ZF Friedrichshafen on existing flash-based sensor and MAVIN manufacturing at the established production facility". Note they didn't say, "Expecting to partner with ZF..." I like the phrase, "expand partnership..." a lot. If you're a huge automotive company, throwing a major production contract at a tiny microelectronics firm with no established manufacturing capacity is a big risk, and everybody is risk-adverse right now. It's a whole 'nother ballgame when you're looking at a tiny microelectronics firm backstopped by one of (the three) 800 pound gorillas in the automotive component manufacturing world. And...make no mistake...the Germans are about as nationalist, bordering on xenophobic, as any country in the world. That's actually a big plus when three of the largest prestige brands you're targeting are German (VW Group owns Audi and Porsche). Doesn't hurt that Ford has a massive presence in Europe, as does Stellantis. Given a choice between near-peer companies, odds are very good they'll throw their business to ZF, and whoever ZF is backing, especially if they can support that decision with best-in-class specifications and performance. Having Dr Luce and Microvision GmbH as the "face" of the company in Germany is an inspired move as well. Shame this had to come out on a Powell-speaks day. For the record...I didn't sell  Wifey gave me the big golden retriever sad-eye this morning, and I relented. She used my "picking up small change in front of a steamroller" quote against me, dammit. I'm almost positive Anubhav also said we'd get the 4Q22/annual in late February. Let's see, that's time to make a big start on the perception software/sensor integration (if we're not already a good way down the road on that, which wouldn't surprise me), shake out the new corporate structure and maybe answer a few RFQs. The Mavin samples started delivery on Oct 11, 2022, so the actual customers have/will have something approaching four months of internal test and verification data. I know MVIS has been putting the infrastructure and personnel in place to support the ASIC, because two of the three engineering positions on LinkedIn have been filled. The lidar pieces are almost finished falling into place, and MVIS looks to be absolutely driven. And maybe, just maybe, MSFT will run out of reasons to withhold the royalty on the $300M check they got from the DoD for the first 5K IVAS and the commercial H2 sales. It's all tantalizingly close.  Attached FileI did sell $4 covered calls on 1000 shares for February 17 |
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Posted: 2/1/2023 3:03:29 PM EDT
[#2]
25 bps
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Posted: 2/1/2023 3:17:00 PM EDT
[#3]
Was losing my ass on META since October (In at $1.30) - just sold finally ($1.50). I’ve been waiting to get out of that one.
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Posted: 2/1/2023 3:23:58 PM EDT
[#4]
I'm way into profit on Costco, but may keep those shares.
Twenty-two bucks a share down on Amazon since the split. You guys need to order some more Chinese ALET! shit, I want out...never intended to hold it this long 
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Posted: 2/1/2023 3:32:53 PM EDT
[#5]
Quote HistoryOriginally Posted By BlackTaco: Was losing my ass on META since October (In at $1.30) - just sold finally ($1.50). I’ve been waiting to get out of that one. 
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Posted: 2/1/2023 3:33:41 PM EDT
[#6]
Thanks for the BGXX fellas!!!! Not much, but works for me!
In at $0.52 and out at $1.52 
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Posted: 2/1/2023 3:34:15 PM EDT
[#7]
Quote HistoryOriginally Posted By Osprey61: I'm way into profit on Costco, but may keep those shares. Twenty-two bucks a share down on Amazon since the split. You guys need to order some more Chinese ALET! shit, I want out...never intended to hold it this long That's pretty much where I'm at with Amazon. Kinda scared about upcoming earnings call. |
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Posted: 2/1/2023 4:00:55 PM EDT
[#8]
Sold my Google once it broke $100
Looking for more UAN at $96 |
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Posted: 2/1/2023 4:02:08 PM EDT
[#9]
Interesting email from Schlob.
"MVIS is up $0.26 or 10.16% to $2.77 on heavy volume that exceeded its daily average by +100.26%. This performance is better than the broader averages as the S&P 500 is down -0.36% on the day." Actually at $2.86 right now, but anyway...I was half expecting them to ask again if I wanted to lend my shares.  Attached File |
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Posted: 2/1/2023 4:53:08 PM EDT
[#10]
Quote HistoryOriginally Posted By colt_thompson: Sold my Google once it broke $100 Looking for more UAN at $96 My limit at $94 hit |
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Posted: 2/1/2023 4:59:42 PM EDT
[#11]
Next up: after-market shenanigans
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Posted: 2/1/2023 5:04:15 PM EDT
[#12]
Originally Posted By Osprey61: Interesting email from Schlob. "MVIS is up $0.26 or 10.16% to $2.77 on heavy volume that exceeded its daily average by +100.26%. This performance is better than the broader averages as the S&P 500 is down -0.36% on the day." Actually at $2.86 right now, but anyway...I was half expecting them to ask again if I wanted to lend my shares. /media/mediaFiles/sharedAlbum/A3BA1448-DF7A-4F17-9322-EB3534E25172-481.gif As far as lending shares go, mine have seen little to no activity for the last month. When there are some loaned the interest paid is dismal compared to last August/September. |
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Posted: 2/1/2023 6:10:34 PM EDT
[#13]
https://www.marijuanamoment.net/schumer-booker-and-other-senators-to-meet-and-discuss-marijuana-legislation-senate-sources-say/
I'd expect the pot stocks to respond to this news. |
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Posted: 2/1/2023 6:18:43 PM EDT
[#14]
Quote HistoryOriginally Posted By Scrote: https://www.marijuanamoment.net/schumer-booker-and-other-senators-to-meet-and-discuss-marijuana-legislation-senate-sources-say/ I'd expect the pot stocks to respond to this news. Cheetos will probably respond too 
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Posted: 2/1/2023 6:51:43 PM EDT
[#15]
Quote HistoryOriginally Posted By colt_thompson: Sold my Google once it broke $100 Looking for more UAN at $96 I grabbed a bit of UAN 
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Posted: 2/1/2023 6:57:39 PM EDT
[Last Edit: Scrote]
[#16]
Quote HistoryOriginally Posted By TinSpinner: Cheetos will probably respond too Quote HistoryOriginally Posted By TinSpinner: Originally Posted By Scrote: https://www.marijuanamoment.net/schumer-booker-and-other-senators-to-meet-and-discuss-marijuana-legislation-senate-sources-say/ I'd expect the pot stocks to respond to this news. Cheetos will probably respond too   |
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Posted: 2/1/2023 6:58:18 PM EDT
[#17]
Quote HistoryOriginally Posted By BlackTaco: I grabbed a bit of UAN Quote HistoryOriginally Posted By BlackTaco: Originally Posted By colt_thompson: Sold my Google once it broke $100 Looking for more UAN at $96 I grabbed a bit of UAN Ugh I really feel like I should buy buy tying up $100/share for a 3x move within a few years just gives me pause… |
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NM, USA
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Posted: 2/1/2023 7:00:17 PM EDT
[#18]
Mavis rocked it. Was able to sell some calls for actual money finally lol.
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Posted: 2/1/2023 7:37:12 PM EDT
[#19]
Quote HistoryOriginally Posted By 1969GTX: Mavis rocked it. Was able to sell some calls for actual money finally lol. It’s finally $0.01 over what I bought in at
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ID, USA
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Posted: 2/1/2023 8:04:42 PM EDT
[#20]
I did not expect AMD to move like it did today. My calls are in trouble
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Posted: 2/1/2023 8:14:57 PM EDT
[Last Edit: Osprey61]
[#21]
Quote HistoryOriginally Posted By BlackTaco: It’s finally $0.01 over what I bought in at Odds are good they're going to attack with a furry tomorrow. Not trying to be a DD, but realistically this has played out many times over the years. The big difference here is the number of both scheduled and probable events on the short term horizon. Today's volume lit the fuse, there are a metric s-ton of eyes on what happens next. Best guess...there are a couple of manufacturers who've been sitting quietly waiting to see if this successfully closed before moving forward. I don't know how much NDA or just plain contract schtum surrounds RFQs, but a couple of name drops wouldn't go amiss right now. Just for laughs, I'd honestly love to see a Tweet come out of ZF, welcoming MVIS to the fold. That would flummox the shorties... ETA: three dolla-holla in the AH. |
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Posted: 2/1/2023 8:27:53 PM EDT
[Last Edit: IceChimp]
[#22]
Quote HistoryOriginally Posted By Osprey61: Odds are good they're going to attack with a furry tomorrow. Not trying to be a DD, but realistically this has played out many times over the years. The big difference here is the number of both scheduled and probable events on the short term horizon. Today's volume lit the fuse, there are a metric s-ton of eyes on what happens next. Best guess...there are a couple of manufacturers who've been sitting quietly waiting to see if this successfully closed before moving forward. I don't know how much NDA or just plain contract schtum surrounds RFQs, but a couple of name drops wouldn't go amiss right now. Just for laughs, I'd honestly love to see a Tweet come out of ZF, welcoming MVIS to the fold. That would flummox the shorties... ETA: three dolla-holla in the AH.  Attached File |
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Posted: 2/1/2023 8:35:42 PM EDT
[#23]
Quote HistoryOriginally Posted By Osprey61: Odds are good they're going to attack with a furry tomorrow. Not trying to be a DD, but realistically this has played out many times over the years. The big difference here is the number of both scheduled and probable events on the short term horizon. Today's volume lit the fuse, there are a metric s-ton of eyes on what happens next. Best guess...there are a couple of manufacturers who've been sitting quietly waiting to see if this successfully closed before moving forward. I don't know how much NDA or just plain contract schtum surrounds RFQs, but a couple of name drops wouldn't go amiss right now. Just for laughs, I'd honestly love to see a Tweet come out of ZF, welcoming MVIS to the fold. That would flummox the shorties... ETA: three dolla-holla in the AH. Quote HistoryOriginally Posted By Osprey61: Originally Posted By BlackTaco: It’s finally $0.01 over what I bought in at Odds are good they're going to attack with a furry tomorrow. Not trying to be a DD, but realistically this has played out many times over the years. The big difference here is the number of both scheduled and probable events on the short term horizon. Today's volume lit the fuse, there are a metric s-ton of eyes on what happens next. Best guess...there are a couple of manufacturers who've been sitting quietly waiting to see if this successfully closed before moving forward. I don't know how much NDA or just plain contract schtum surrounds RFQs, but a couple of name drops wouldn't go amiss right now. Just for laughs, I'd honestly love to see a Tweet come out of ZF, welcoming MVIS to the fold. That would flummox the shorties... ETA: three dolla-holla in the AH.  Still climbing! |
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Posted: 2/1/2023 8:47:43 PM EDT
[Last Edit: Osprey61]
[#24]
Quote HistoryOriginally Posted By IceChimp: https://www.ar15.com/media/mediaFiles/93986/il_1588xN_2373180299_s39n_jpg-2694259.JPG  Dammit, I was rough housing with the dogs when I realized what I'd done, and came rushing in here to fix it. Wife thought this was h-i-l-a-r-i-o-u-s, btw. |
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Posted: 2/1/2023 9:28:20 PM EDT
[#25]
@Osprey61 how will short interest play into this? I saw it climb after hours into the low 3's. I am guessing the days of flirting in the mid 2's will be numbered or significantly less frequent.
It will be an interesting open at the morning bell.
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Posted: 2/1/2023 10:03:07 PM EDT
[Last Edit: Osprey61]
[#26]
Quote HistoryOriginally Posted By jpk33: @Osprey61 how will short interest play into this? I saw it climb after hours into the low 3's. I am guessing the days of flirting in the mid 2's will be numbered or significantly less frequent. It will be an interesting open at the morning bell. We're far from a stock price, hard prospect and revenue level that will dissuade the shorts. I'd bet they peel off a good 10% to 15% early tomorrow. I'd love to be wrong. If it's of any comfort, there are plenty of punters on R/MVIS who seem to believe I'm wrong (not directly, lots of hopium)...and who knows, at three dollars some of the 'tutes may come back to the table. That'd be fun. |
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USA
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Posted: 2/1/2023 10:28:27 PM EDT
[#27]
 Mvis employee liking a ZF post. Anyone sprechen ze dick? |
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USA
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Posted: 2/1/2023 10:34:09 PM EDT
[#28]
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Posted: 2/1/2023 10:36:53 PM EDT
[Last Edit: Scrote]
[#29]
Quote HistoryOriginally Posted By Vengeance6661: https://charts.stocktwits-cdn.com/production/original_509749502.png Mvis employee liking a ZF post. Anyone sprechen ze dick? My wife says - The Two companies named join in partnership for the future of something like semi-conductor Eta- she read the article. Something about an EV chip factory. |
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Posted: 2/1/2023 11:00:02 PM EDT
[Last Edit: Fantomas]
[#30]
Originally Posted By Vengeance6661: https://charts.stocktwits-cdn.com/production/original_509749502.png Mvis employee liking a ZF post. Anyone sprechen ze dick? Originally Posted By nmwis70: Looks like this is it: https://press.zf.com/press/en/releases/release_50944.html Scholz (German Chancellor) was there today https://www.instagram.com/reel/CoIUixFgado/?utm_source=ig_web_copy_link zf_group Great news for the future of emissions-free mobility! 🚗 Together with our strong partner, Wolfspeed, we want to start a project like no other in the world here in Ensdorf, Saarland. 💪The production of semiconductors for a wide range of applications. This factory will supply the European market with semiconductor technology on a completely new level. 🌍 With this project, we are creating a seamless value chain right in the heart of Europe. 🚀 Benefits like improved energy efficiency, greater energy density, temperature resistance and others result in: More range for electric cars Faster charging 🔋 Lower costs and better climate protection! We would like to thank Olaf Scholz for his speech at our event. Let’s pave the way for the next generation of mobility. #NextGenMobility #ZFNow #SiliconCarbide #wolfspeed |
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Posted: 2/1/2023 11:00:59 PM EDT
[#31]
Quote HistoryOriginally Posted By Scrote: My wife says - The Two companies named join in partnership for the future of something like semi-conductor Eta- she read the article. Something about an EV chip factory. Quote HistoryOriginally Posted By Scrote: Originally Posted By Vengeance6661: https://charts.stocktwits-cdn.com/production/original_509749502.png Mvis employee liking a ZF post. Anyone sprechen ze dick? My wife says - The Two companies named join in partnership for the future of something like semi-conductor Eta- she read the article. Something about an EV chip factory. deine Frau hat recht!!! |
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TCA
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Posted: 2/1/2023 11:01:24 PM EDT
[Last Edit: 4Teen_R]
[#32]
Quote HistoryOriginally Posted By nmwis70: Looks like this is it: https://press.zf.com/press/en/releases/release_50944.html That's a pretty interesting press release. More info on partnership U.S. chipmaker Wolfspeed will build a $3-billion chip plant in Germany, with automotive supplier ZF investing $185 million for an equity stake, company officials said on Wednesday, confirming an earlier Reuters report. |
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Posted: 2/1/2023 11:02:28 PM EDT
[#33]
Quote HistoryOriginally Posted By Osprey61: ETA: three dolla-holla in the AH. Sold a few shares at 3.12 AH and will buy back when the shorts push it back down in a week or two. If not that's fine too. |
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Posted: 2/1/2023 11:04:36 PM EDT
[#34]
Quote HistoryOriginally Posted By Fantomas: deine Frau hat recht!!!
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Posted: 2/1/2023 11:04:53 PM EDT
[#35]
jeez what happened to FREQ
And kicking myself I forgot about bgxx |
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Posted: 2/1/2023 11:13:26 PM EDT
[#36]
Quote HistoryOriginally Posted By cccpNyC: jeez what happened to FREQ I know… But you guys seem convinced so I bought some more at $4.31 Hopefully some great movement before April |
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Posted: 2/1/2023 11:17:10 PM EDT
[#37]
Tried to pick up 1k more shares under 2.50 this morning but it never hit. Moved my buy to 2.99. I feel like I been saying saying this for awhile but might be the last chance to get more under $3 for awhile.
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Posted: 2/1/2023 11:21:26 PM EDT
[#38]
Quote HistoryOriginally Posted By waldershrek: Tried to pick up 1k more shares under 2.50 this morning but it never hit. Moved my buy to 2.99. I feel like I been saying saying this for awhile but might be the last chance to get more under $3 for awhile. Another paycheck’s 401k contributions hit Friday While another 20% day would be tits, can we wait til Monday? Lol |
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Posted: 2/1/2023 11:29:20 PM EDT
[#39]
Did anyone play CVNA today? Huge parabolic move. I got in and out of some calls but sold out way too early before the parabolic ramp. Made a small profit but unfortunately left tens of thousands on the table.
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Posted: 2/1/2023 11:30:41 PM EDT
[Last Edit: bradpierson26]
[#40]
Quote HistoryOriginally Posted By jpcdmd: Did anyone play CVNA today? Huge parabolic move. I got in and out of some calls but sold out way too early before the parabolic ramp. Made a small profit but unfortunately left tens of thousands on the table. Nah, couldn’t pull the trigger this morning |
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Posted: 2/1/2023 11:30:51 PM EDT
[Last Edit: Scrote]
[#41]
Quote HistoryOriginally Posted By jpcdmd: Did anyone play CVNA today? Huge parabolic move. I got in and out of some calls but sold out way too early before the parabolic ramp. Made a small profit but unfortunately left tens of thousands on the table. I looked a yesterday. Thought about it, decided not to. 60% shorted. Should squeeze. Don't think it's happened yet? |
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Posted: 2/2/2023 12:55:25 AM EDT
[Last Edit: Fantomas]
[#42]
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NV, USA
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Posted: 2/2/2023 1:26:26 AM EDT
[#43]
Quote HistoryOriginally Posted By Osprey61: We're far from a stock price, hard prospect and revenue level that will dissuade the shorts. I'd bet they peel off a good 10% to 15% early tomorrow. I'd love to be wrong. If it's of any comfort, there are plenty of punters on R/MVIS who seem to believe I'm wrong (not directly, lots of hopium)...and who knows, at three dollars some of the 'tutes may come back to the table. That'd be fun. If volume holds tomorrow, that would be a fight, but it's only Thurs. They can let it go tomorrow, let the news become (2 day) old news, and drive it down fri. Max pain this week is 2.50, so it should be back to that by end of friday. So i'll try to sell my may '3 calls early tomorrow, and re-buy them at close fri |
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Posted: 2/2/2023 4:27:16 AM EDT
[#44]
Quote HistoryOriginally Posted By shblackdragon: If volume holds tomorrow, that would be a fight, but it's only Thurs. They can let it go tomorrow, let the news become (2 day) old news, and drive it down fri. Max pain this week is 2.50, so it should be back to that by end of friday. So i'll try to sell my may '3 calls early tomorrow, and re-buy them at close fri Hopefully this holds and MVIS  Attached File |
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Posted: 2/2/2023 8:18:58 AM EDT
[#45]
Up 30%
February 02, 2023 7:15 am ET Genius Group Announces $10 Per Share Blockchain-based Digital Discount Coupon (NFT) Per Share |
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Posted: 2/2/2023 8:59:25 AM EDT
[#46]
Quote HistoryOriginally Posted By apexcrusade: Up 30% February 02, 2023 7:15 am ET Genius Group Announces $10 Per Share Blockchain-based Digital Discount Coupon (NFT) Per Share https://www.globenewswire.com/news-release/2023/02/02/2600343/0/en/Genius-Group-Announces-10-Per-Share-Blockchain-based-Digital-Discount-Coupon-NFT-Per-Share.html SINGAPORE, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, announces today a plan approved by the Board for a $10 Blockchain-based Digital Discount Coupon (Non Fungible Token “NFT”) per ordinary share to all shareholders as a move to reward shareholders and as part of the ongoing prevention measures being implemented by the company’s Illegal Trading Task Force. Under the proposed plan, the company will follow a three step process to issue the $10 per share reward to shareholders: Step One: Dual Listing of Genius Group shares on Upstream This week Genius Group began the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”). The Company already has a relationship with MERJ, with group subsidiary Entrepreneur Resorts Ltd publicly listed on the MERJ main board. Approval to be listed on Upstream is subject to approval by MERJ. However as a current NYSE issuer and MERJ Issuer, Genius Group may be eligible for an expedited listing process, and anticipates approval within the month of February 2023. The planned dual listing on Upstream is designed to provide the Company the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD. Through this dual listing, Genius Group can then issue NFT digital coupons to all its investors. Step Two: Issuance of $10 NFT Coupons per share to Genius Group shareholder Once the dual listing process is complete, Genius Group will issue $10 NFT coupons per share to shareholders on Upstream. Shareholders will receive their coupons through a simple process of downloading the Upstream app, following a short KYC process, verifying their identity and being issued their coupons. The count date (record date) to confirm all shareholders is being set for February 28, 2023, and the coupons issued will be based on the shares each shareholders owns on that date. A full briefing of the process will be provided at Genius Group’s next Investor Meeting in February. The digital coupons are not securities and are issued as ERC721 tokens, which are a standard for representing ownership of non-fungible tokens (NFTs), that is, where each token has a unique identifier. The digital coupons may not be withdrawn or transferred from the Upstream app and are only redeemable using the Upstream app. Step Three: Redemption of $10 NFT Coupons for course discounts Once shareholders have received their $10 NFT Coupons, they can then redeem the tokens for GEMs (Genius Education Merits) on Genius Group’s Edtech platform, GeniusU. GEMs operate as a digital credit system similar to airmiles or Roblox’s ‘Robux’ in which students earn GEMs which can then be redeemed for discounts in further courses or products. Shareholders will have 90 days to convert their $10 NFT Coupons into GEMs, through a simple login and credit procedure on GeniusU, and a further 90 days to redeem their GEMs. The GEMs are for the use of each named investors and neither the $10 NFT tokens or GEMs can be transferred, traded or sold. This plan rewards the investors of Genius Group with valuable credits that can be used towards Genius Group’s range of entrepreneur education and investor education courses and products. The company’s full product range will be presented to all investors both at an upcoming Investor Meeting in February and at the time the GEMs are issued. The GEMs will have certain conditions in terms of maximum amount of credits to be used per purchase and a full prospectus of courses, products and discounts available will be provided at Genius Group’s next Investor Meeting in February, and published on its website. Roger Hamilton, CEO of Genius Group, stated “Our investors have traditionally been retail investors who began as our students and partners, and we have had a history of providing rewards to them to acknowledge their support. With this $10 NFT Coupon per share reward, investors gain the additional benefit of participation in both Upstream’s blockchain-powered stock exchange, where shares can be individually verified. They also benefit from a free account on GeniusU, where they can join our Entrepreneur Campus or Investor Campus to connect with our 4.3 million students around the world, giving additional opportunity to learn, connect and attend Genius Group’s 2023 Impact Investor Summit and Global Entrepreneur Summit.” |
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Posted: 2/2/2023 9:04:15 AM EDT
[#47]
Quote HistoryOriginally Posted By Scrote: https://www.globenewswire.com/news-release/2023/02/02/2600343/0/en/Genius-Group-Announces-10-Per-Share-Blockchain-based-Digital-Discount-Coupon-NFT-Per-Share.html SINGAPORE, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, announces today a plan approved by the Board for a $10 Blockchain-based Digital Discount Coupon (Non Fungible Token “NFT”) per ordinary share to all shareholders as a move to reward shareholders and as part of the ongoing prevention measures being implemented by the company’s Illegal Trading Task Force. Under the proposed plan, the company will follow a three step process to issue the $10 per share reward to shareholders: Step One: Dual Listing of Genius Group shares on Upstream This week Genius Group began the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”). The Company already has a relationship with MERJ, with group subsidiary Entrepreneur Resorts Ltd publicly listed on the MERJ main board. Approval to be listed on Upstream is subject to approval by MERJ. However as a current NYSE issuer and MERJ Issuer, Genius Group may be eligible for an expedited listing process, and anticipates approval within the month of February 2023. The planned dual listing on Upstream is designed to provide the Company the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD. Through this dual listing, Genius Group can then issue NFT digital coupons to all its investors. Step Two: Issuance of $10 NFT Coupons per share to Genius Group shareholder Once the dual listing process is complete, Genius Group will issue $10 NFT coupons per share to shareholders on Upstream. Shareholders will receive their coupons through a simple process of downloading the Upstream app, following a short KYC process, verifying their identity and being issued their coupons. The count date (record date) to confirm all shareholders is being set for February 28, 2023, and the coupons issued will be based on the shares each shareholders owns on that date. A full briefing of the process will be provided at Genius Group’s next Investor Meeting in February. The digital coupons are not securities and are issued as ERC721 tokens, which are a standard for representing ownership of non-fungible tokens (NFTs), that is, where each token has a unique identifier. The digital coupons may not be withdrawn or transferred from the Upstream app and are only redeemable using the Upstream app. Step Three: Redemption of $10 NFT Coupons for course discounts Once shareholders have received their $10 NFT Coupons, they can then redeem the tokens for GEMs (Genius Education Merits) on Genius Group’s Edtech platform, GeniusU. GEMs operate as a digital credit system similar to airmiles or Roblox’s ‘Robux’ in which students earn GEMs which can then be redeemed for discounts in further courses or products. Shareholders will have 90 days to convert their $10 NFT Coupons into GEMs, through a simple login and credit procedure on GeniusU, and a further 90 days to redeem their GEMs. The GEMs are for the use of each named investors and neither the $10 NFT tokens or GEMs can be transferred, traded or sold. This plan rewards the investors of Genius Group with valuable credits that can be used towards Genius Group’s range of entrepreneur education and investor education courses and products. The company’s full product range will be presented to all investors both at an upcoming Investor Meeting in February and at the time the GEMs are issued. The GEMs will have certain conditions in terms of maximum amount of credits to be used per purchase and a full prospectus of courses, products and discounts available will be provided at Genius Group’s next Investor Meeting in February, and published on its website. Roger Hamilton, CEO of Genius Group, stated “Our investors have traditionally been retail investors who began as our students and partners, and we have had a history of providing rewards to them to acknowledge their support. With this $10 NFT Coupon per share reward, investors gain the additional benefit of participation in both Upstream’s blockchain-powered stock exchange, where shares can be individually verified. They also benefit from a free account on GeniusU, where they can join our Entrepreneur Campus or Investor Campus to connect with our 4.3 million students around the world, giving additional opportunity to learn, connect and attend Genius Group’s 2023 Impact Investor Summit and Global Entrepreneur Summit.” Quote HistoryOriginally Posted By Scrote: Originally Posted By apexcrusade: Up 30% February 02, 2023 7:15 am ET Genius Group Announces $10 Per Share Blockchain-based Digital Discount Coupon (NFT) Per Share https://www.globenewswire.com/news-release/2023/02/02/2600343/0/en/Genius-Group-Announces-10-Per-Share-Blockchain-based-Digital-Discount-Coupon-NFT-Per-Share.html SINGAPORE, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, announces today a plan approved by the Board for a $10 Blockchain-based Digital Discount Coupon (Non Fungible Token “NFT”) per ordinary share to all shareholders as a move to reward shareholders and as part of the ongoing prevention measures being implemented by the company’s Illegal Trading Task Force. Under the proposed plan, the company will follow a three step process to issue the $10 per share reward to shareholders: Step One: Dual Listing of Genius Group shares on Upstream This week Genius Group began the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”). The Company already has a relationship with MERJ, with group subsidiary Entrepreneur Resorts Ltd publicly listed on the MERJ main board. Approval to be listed on Upstream is subject to approval by MERJ. However as a current NYSE issuer and MERJ Issuer, Genius Group may be eligible for an expedited listing process, and anticipates approval within the month of February 2023. The planned dual listing on Upstream is designed to provide the Company the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD. Through this dual listing, Genius Group can then issue NFT digital coupons to all its investors. Step Two: Issuance of $10 NFT Coupons per share to Genius Group shareholder Once the dual listing process is complete, Genius Group will issue $10 NFT coupons per share to shareholders on Upstream. Shareholders will receive their coupons through a simple process of downloading the Upstream app, following a short KYC process, verifying their identity and being issued their coupons. The count date (record date) to confirm all shareholders is being set for February 28, 2023, and the coupons issued will be based on the shares each shareholders owns on that date. A full briefing of the process will be provided at Genius Group’s next Investor Meeting in February. The digital coupons are not securities and are issued as ERC721 tokens, which are a standard for representing ownership of non-fungible tokens (NFTs), that is, where each token has a unique identifier. The digital coupons may not be withdrawn or transferred from the Upstream app and are only redeemable using the Upstream app. Step Three: Redemption of $10 NFT Coupons for course discounts Once shareholders have received their $10 NFT Coupons, they can then redeem the tokens for GEMs (Genius Education Merits) on Genius Group’s Edtech platform, GeniusU. GEMs operate as a digital credit system similar to airmiles or Roblox’s ‘Robux’ in which students earn GEMs which can then be redeemed for discounts in further courses or products. Shareholders will have 90 days to convert their $10 NFT Coupons into GEMs, through a simple login and credit procedure on GeniusU, and a further 90 days to redeem their GEMs. The GEMs are for the use of each named investors and neither the $10 NFT tokens or GEMs can be transferred, traded or sold. This plan rewards the investors of Genius Group with valuable credits that can be used towards Genius Group’s range of entrepreneur education and investor education courses and products. The company’s full product range will be presented to all investors both at an upcoming Investor Meeting in February and at the time the GEMs are issued. The GEMs will have certain conditions in terms of maximum amount of credits to be used per purchase and a full prospectus of courses, products and discounts available will be provided at Genius Group’s next Investor Meeting in February, and published on its website. Roger Hamilton, CEO of Genius Group, stated “Our investors have traditionally been retail investors who began as our students and partners, and we have had a history of providing rewards to them to acknowledge their support. With this $10 NFT Coupon per share reward, investors gain the additional benefit of participation in both Upstream’s blockchain-powered stock exchange, where shares can be individually verified. They also benefit from a free account on GeniusU, where they can join our Entrepreneur Campus or Investor Campus to connect with our 4.3 million students around the world, giving additional opportunity to learn, connect and attend Genius Group’s 2023 Impact Investor Summit and Global Entrepreneur Summit.” Not sure that has any value to me, other than causing the share price to move |
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Posted: 2/2/2023 9:09:54 AM EDT
[#48]
Quote HistoryOriginally Posted By apexcrusade: Not sure that has any value to me, other than causing the share price to move Quote HistoryOriginally Posted By apexcrusade: Originally Posted By Scrote: Originally Posted By apexcrusade: Up 30% February 02, 2023 7:15 am ET Genius Group Announces $10 Per Share Blockchain-based Digital Discount Coupon (NFT) Per Share https://www.globenewswire.com/news-release/2023/02/02/2600343/0/en/Genius-Group-Announces-10-Per-Share-Blockchain-based-Digital-Discount-Coupon-NFT-Per-Share.html SINGAPORE, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, announces today a plan approved by the Board for a $10 Blockchain-based Digital Discount Coupon (Non Fungible Token “NFT”) per ordinary share to all shareholders as a move to reward shareholders and as part of the ongoing prevention measures being implemented by the company’s Illegal Trading Task Force. Under the proposed plan, the company will follow a three step process to issue the $10 per share reward to shareholders: Step One: Dual Listing of Genius Group shares on Upstream This week Genius Group began the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”). The Company already has a relationship with MERJ, with group subsidiary Entrepreneur Resorts Ltd publicly listed on the MERJ main board. Approval to be listed on Upstream is subject to approval by MERJ. However as a current NYSE issuer and MERJ Issuer, Genius Group may be eligible for an expedited listing process, and anticipates approval within the month of February 2023. The planned dual listing on Upstream is designed to provide the Company the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD. Through this dual listing, Genius Group can then issue NFT digital coupons to all its investors. Step Two: Issuance of $10 NFT Coupons per share to Genius Group shareholder Once the dual listing process is complete, Genius Group will issue $10 NFT coupons per share to shareholders on Upstream. Shareholders will receive their coupons through a simple process of downloading the Upstream app, following a short KYC process, verifying their identity and being issued their coupons. The count date (record date) to confirm all shareholders is being set for February 28, 2023, and the coupons issued will be based on the shares each shareholders owns on that date. A full briefing of the process will be provided at Genius Group’s next Investor Meeting in February. The digital coupons are not securities and are issued as ERC721 tokens, which are a standard for representing ownership of non-fungible tokens (NFTs), that is, where each token has a unique identifier. The digital coupons may not be withdrawn or transferred from the Upstream app and are only redeemable using the Upstream app. Step Three: Redemption of $10 NFT Coupons for course discounts Once shareholders have received their $10 NFT Coupons, they can then redeem the tokens for GEMs (Genius Education Merits) on Genius Group’s Edtech platform, GeniusU. GEMs operate as a digital credit system similar to airmiles or Roblox’s ‘Robux’ in which students earn GEMs which can then be redeemed for discounts in further courses or products. Shareholders will have 90 days to convert their $10 NFT Coupons into GEMs, through a simple login and credit procedure on GeniusU, and a further 90 days to redeem their GEMs. The GEMs are for the use of each named investors and neither the $10 NFT tokens or GEMs can be transferred, traded or sold. This plan rewards the investors of Genius Group with valuable credits that can be used towards Genius Group’s range of entrepreneur education and investor education courses and products. The company’s full product range will be presented to all investors both at an upcoming Investor Meeting in February and at the time the GEMs are issued. The GEMs will have certain conditions in terms of maximum amount of credits to be used per purchase and a full prospectus of courses, products and discounts available will be provided at Genius Group’s next Investor Meeting in February, and published on its website. Roger Hamilton, CEO of Genius Group, stated “Our investors have traditionally been retail investors who began as our students and partners, and we have had a history of providing rewards to them to acknowledge their support. With this $10 NFT Coupon per share reward, investors gain the additional benefit of participation in both Upstream’s blockchain-powered stock exchange, where shares can be individually verified. They also benefit from a free account on GeniusU, where they can join our Entrepreneur Campus or Investor Campus to connect with our 4.3 million students around the world, giving additional opportunity to learn, connect and attend Genius Group’s 2023 Impact Investor Summit and Global Entrepreneur Summit.” Not sure that has any value to me, other than causing the share price to move Ditto. |
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Posted: 2/2/2023 9:23:32 AM EDT
[#49]
Quote HistoryOriginally Posted By apexcrusade: Not sure that has any value to me, other than causing the share price to move Quote HistoryOriginally Posted By apexcrusade: Originally Posted By Scrote: Originally Posted By apexcrusade: Up 30% February 02, 2023 7:15 am ET Genius Group Announces $10 Per Share Blockchain-based Digital Discount Coupon (NFT) Per Share https://www.globenewswire.com/news-release/2023/02/02/2600343/0/en/Genius-Group-Announces-10-Per-Share-Blockchain-based-Digital-Discount-Coupon-NFT-Per-Share.html SINGAPORE, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, announces today a plan approved by the Board for a $10 Blockchain-based Digital Discount Coupon (Non Fungible Token “NFT”) per ordinary share to all shareholders as a move to reward shareholders and as part of the ongoing prevention measures being implemented by the company’s Illegal Trading Task Force. Under the proposed plan, the company will follow a three step process to issue the $10 per share reward to shareholders: Step One: Dual Listing of Genius Group shares on Upstream This week Genius Group began the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”). The Company already has a relationship with MERJ, with group subsidiary Entrepreneur Resorts Ltd publicly listed on the MERJ main board. Approval to be listed on Upstream is subject to approval by MERJ. However as a current NYSE issuer and MERJ Issuer, Genius Group may be eligible for an expedited listing process, and anticipates approval within the month of February 2023. The planned dual listing on Upstream is designed to provide the Company the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD. Through this dual listing, Genius Group can then issue NFT digital coupons to all its investors. Step Two: Issuance of $10 NFT Coupons per share to Genius Group shareholder Once the dual listing process is complete, Genius Group will issue $10 NFT coupons per share to shareholders on Upstream. Shareholders will receive their coupons through a simple process of downloading the Upstream app, following a short KYC process, verifying their identity and being issued their coupons. The count date (record date) to confirm all shareholders is being set for February 28, 2023, and the coupons issued will be based on the shares each shareholders owns on that date. A full briefing of the process will be provided at Genius Group’s next Investor Meeting in February. The digital coupons are not securities and are issued as ERC721 tokens, which are a standard for representing ownership of non-fungible tokens (NFTs), that is, where each token has a unique identifier. The digital coupons may not be withdrawn or transferred from the Upstream app and are only redeemable using the Upstream app. Step Three: Redemption of $10 NFT Coupons for course discounts Once shareholders have received their $10 NFT Coupons, they can then redeem the tokens for GEMs (Genius Education Merits) on Genius Group’s Edtech platform, GeniusU. GEMs operate as a digital credit system similar to airmiles or Roblox’s ‘Robux’ in which students earn GEMs which can then be redeemed for discounts in further courses or products. Shareholders will have 90 days to convert their $10 NFT Coupons into GEMs, through a simple login and credit procedure on GeniusU, and a further 90 days to redeem their GEMs. The GEMs are for the use of each named investors and neither the $10 NFT tokens or GEMs can be transferred, traded or sold. This plan rewards the investors of Genius Group with valuable credits that can be used towards Genius Group’s range of entrepreneur education and investor education courses and products. The company’s full product range will be presented to all investors both at an upcoming Investor Meeting in February and at the time the GEMs are issued. The GEMs will have certain conditions in terms of maximum amount of credits to be used per purchase and a full prospectus of courses, products and discounts available will be provided at Genius Group’s next Investor Meeting in February, and published on its website. Roger Hamilton, CEO of Genius Group, stated “Our investors have traditionally been retail investors who began as our students and partners, and we have had a history of providing rewards to them to acknowledge their support. With this $10 NFT Coupon per share reward, investors gain the additional benefit of participation in both Upstream’s blockchain-powered stock exchange, where shares can be individually verified. They also benefit from a free account on GeniusU, where they can join our Entrepreneur Campus or Investor Campus to connect with our 4.3 million students around the world, giving additional opportunity to learn, connect and attend Genius Group’s 2023 Impact Investor Summit and Global Entrepreneur Summit.” Not sure that has any value to me, other than causing the share price to move This I’m out at 7.38 Let’s see what happens |
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Posted: 2/2/2023 9:35:04 AM EDT
[Last Edit: apexcrusade]
[#50]
Quote HistoryOriginally Posted By bradpierson26: This I’m out at 7.38 Let’s see what happens Quote HistoryOriginally Posted By bradpierson26: Originally Posted By apexcrusade: Originally Posted By Scrote: Originally Posted By apexcrusade: Up 30% February 02, 2023 7:15 am ET Genius Group Announces $10 Per Share Blockchain-based Digital Discount Coupon (NFT) Per Share https://www.globenewswire.com/news-release/2023/02/02/2600343/0/en/Genius-Group-Announces-10-Per-Share-Blockchain-based-Digital-Discount-Coupon-NFT-Per-Share.html SINGAPORE, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, announces today a plan approved by the Board for a $10 Blockchain-based Digital Discount Coupon (Non Fungible Token “NFT”) per ordinary share to all shareholders as a move to reward shareholders and as part of the ongoing prevention measures being implemented by the company’s Illegal Trading Task Force. Under the proposed plan, the company will follow a three step process to issue the $10 per share reward to shareholders: Step One: Dual Listing of Genius Group shares on Upstream This week Genius Group began the application process to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”). The Company already has a relationship with MERJ, with group subsidiary Entrepreneur Resorts Ltd publicly listed on the MERJ main board. Approval to be listed on Upstream is subject to approval by MERJ. However as a current NYSE issuer and MERJ Issuer, Genius Group may be eligible for an expedited listing process, and anticipates approval within the month of February 2023. The planned dual listing on Upstream is designed to provide the Company the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD. Through this dual listing, Genius Group can then issue NFT digital coupons to all its investors. Step Two: Issuance of $10 NFT Coupons per share to Genius Group shareholder Once the dual listing process is complete, Genius Group will issue $10 NFT coupons per share to shareholders on Upstream. Shareholders will receive their coupons through a simple process of downloading the Upstream app, following a short KYC process, verifying their identity and being issued their coupons. The count date (record date) to confirm all shareholders is being set for February 28, 2023, and the coupons issued will be based on the shares each shareholders owns on that date. A full briefing of the process will be provided at Genius Group’s next Investor Meeting in February. The digital coupons are not securities and are issued as ERC721 tokens, which are a standard for representing ownership of non-fungible tokens (NFTs), that is, where each token has a unique identifier. The digital coupons may not be withdrawn or transferred from the Upstream app and are only redeemable using the Upstream app. Step Three: Redemption of $10 NFT Coupons for course discounts Once shareholders have received their $10 NFT Coupons, they can then redeem the tokens for GEMs (Genius Education Merits) on Genius Group’s Edtech platform, GeniusU. GEMs operate as a digital credit system similar to airmiles or Roblox’s ‘Robux’ in which students earn GEMs which can then be redeemed for discounts in further courses or products. Shareholders will have 90 days to convert their $10 NFT Coupons into GEMs, through a simple login and credit procedure on GeniusU, and a further 90 days to redeem their GEMs. The GEMs are for the use of each named investors and neither the $10 NFT tokens or GEMs can be transferred, traded or sold. This plan rewards the investors of Genius Group with valuable credits that can be used towards Genius Group’s range of entrepreneur education and investor education courses and products. The company’s full product range will be presented to all investors both at an upcoming Investor Meeting in February and at the time the GEMs are issued. The GEMs will have certain conditions in terms of maximum amount of credits to be used per purchase and a full prospectus of courses, products and discounts available will be provided at Genius Group’s next Investor Meeting in February, and published on its website. Roger Hamilton, CEO of Genius Group, stated “Our investors have traditionally been retail investors who began as our students and partners, and we have had a history of providing rewards to them to acknowledge their support. With this $10 NFT Coupon per share reward, investors gain the additional benefit of participation in both Upstream’s blockchain-powered stock exchange, where shares can be individually verified. They also benefit from a free account on GeniusU, where they can join our Entrepreneur Campus or Investor Campus to connect with our 4.3 million students around the world, giving additional opportunity to learn, connect and attend Genius Group’s 2023 Impact Investor Summit and Global Entrepreneur Summit.” Not sure that has any value to me, other than causing the share price to move This I’m out at 7.38 Let’s see what happens Was able to dump my high cost shares at 7.81at least. Man some crazy price action going on, trades in the 5's and low 6's and then next in the high 7's, huge spreads and such |
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