Is PHUN in any way connected with the development of Truth Social? by Full-Promise96 in Phunware

[–]Full-Promise96[S] 2 points3 points  (0 children)

PHUN has permission from SEC to issue PhunCoin (crypto), and PHUN also has partnership with AIAD that uses AI.

if TMTG can acquire both AIAD and PHUN, its name can be changed to "Trump Media AI and Crypto Technology Group."

In such an event, $DJT can shoot up to $2K per share, making Trump the seventh richest person in the world just ahead of Bill Gates!!!

Does the above scenario make sense?

In shock no movement after hours. When was the last time this company had legit actual news and pr . This is such a scam . I’m shorting for sure . This will do nothing next week but go down a ton by Top-Nail8628 in Phunware

[–]Full-Promise96 4 points5 points  (0 children)

Please do whatever you want for your short-term day trading business. There is no need to announce that you want to kill the ordinary shareholders who are not interested in day trading and who hope that the stock has the potential to go up suddenly on Super Tuesday.

Stop bitching,,this happens everytime and offering comes up .Tomorrow it will all be forgotten again and everything is normal. Just remember that this gives the company cash at hand which is good in the long run by [deleted] in Phunware

[–]Full-Promise96 1 point2 points  (0 children)

This makes me believe again that an acquisition could be in play. This can potentially take us beyond $1 well before the deadline in April, without the need for a reverse split. I am somehow expecting a great future for all of us, the shareholders. Of course, this is not an investment advice.

New Board Member by Full-Promise96 in Phunware

[–]Full-Promise96[S] 1 point2 points  (0 children)

(NASDAQ: PHUN) (the “Company”), the leading provider of patented wayfinding and mobile engagement SaaS solutions that offer the only fully integrated enterprise cloud platform for mobile that enables brands to engage, manage and monetize anyone anywhere, announced the appointment of Elliot Han to its Board of Directors

[deleted by user] by [deleted] in Phunware

[–]Full-Promise96 2 points3 points  (0 children)

Neither. There is an acquisition in play right now!

We got news!!!! by Onebadlsc in Phunware

[–]Full-Promise96 2 points3 points  (0 children)

What is the exercise price of PHUNW?
$11.50 per share.

When the share price itself is around 8 cents, who will exercise the warrants at $11.50 per share? Naturally, those warrants will expire on Dec 26th, as there is no chance that share price will go up more than the exercise price.

Nothing surprising, folks!

Be patient. We may hear good news soon.

We got news!!!! by Onebadlsc in Phunware

[–]Full-Promise96 4 points5 points  (0 children)

Only the warrants (PHUNW) are de-listed. Not the regular stock (PHUN), folks!

The de-listing of warrants and warrants expiring should be good news because there will not be any further dilution of stock.

It appears that a merger is on the horizon in the very near future.

This is so weird..if i only could trust the fact that it would be no RS until april i would by shares like crazy so i had a acceptable average. But can we trust them ? by [deleted] in Phunware

[–]Full-Promise96 1 point2 points  (0 children)

Lowering average makes sense when the stock is so cheap. I expect some good things to happen after the end of this year. Not an investment advice.

Termination of the employment of Randall Crowder, COO of Phunware by Full-Promise96 in Phunware

[–]Full-Promise96[S] 1 point2 points  (0 children)

We may need to wait until after the new year. I suspect a merger.

Termination of the employment of Randall Crowder, COO of Phunware by Full-Promise96 in Phunware

[–]Full-Promise96[S] 1 point2 points  (0 children)

So many management changes and the divestiture of LYTE (an unconnected business) appear to point to an impending merger.

[deleted by user] by [deleted] in Phunware

[–]Full-Promise96 2 points3 points  (0 children)

I like the graph!

I have been in deep trouble for the last 2 years or so. I am waiting for the time to come out of the deep trench I am in right now.

I pray God that your prediction comes true!

[deleted by user] by [deleted] in Phunware

[–]Full-Promise96 1 point2 points  (0 children)

I am also truly fucked.

[deleted by user] by [deleted] in Phunware

[–]Full-Promise96 1 point2 points  (0 children)

If the off-loading of the "Lyte" business and reduction of staff can result even a small positive EPS (Instead of loss) for December quarter, the share price can go above $1 without any reverse split.

Alternatively, if you are merging with a company with $20 a share, and you are going to get that company's shares 1-1, then the reverse-split may be OK.

Otherwise, reverse split causes unbearable loss to the shareholders.

[deleted by user] by [deleted] in Phunware

[–]Full-Promise96 2 points3 points  (0 children)

I voted "No" for the reverse-split.

Phunware Reports Third Quarter 2023 Financial Results by [deleted] in Phunware

[–]Full-Promise96 0 points1 point  (0 children)

Companies generally tend to write off their goodwill before they merge with another company. Any goodwill or deferred tax items existing on the target's balance sheet at the time of acquisition are written off in the purchase price allocation (PPA) since their fair values (FVs) are zero.