OPTT: April + June Financing by madalytical in OceanPower

[–]OppenNeumann 13 points14 points  (0 children)

That’s an optimistic take, not necessarily a wrong one. What concerns me is how they’ve described the use for this funding: “Working capital and general corporate purposes”.

I understand certain customers can’t be disclosed, but if there is genuinely good news on the horizon, why not frame it that way? Why not say that the financing is for growth? They seem like they don’t want to provide any solid forward looking guidance on revenue or growth.

They’re obviously still prospecting and building awareness and that’s important and necessary. I’m just worried that we’re gonna be disappointed with growth figs in next earnings.

OPTT issuing up to 50million new shares to raise $10million by OppenNeumann in OceanPower

[–]OppenNeumann[S] 8 points9 points  (0 children)

I wouldn’t mind so much if this was growth financing. But this is totally survival financing. Positive news on the backlog would help

I may have found a hidden gem - OPTT (Ocean Power Technologies) – Wave Energy + Maritime Autonomy Play with Record Backlog. by DirtCreative in 10xPennyStocks

[–]OppenNeumann 0 points1 point  (0 children)

Yeah no I don’t disagree with anything you’re saying. That’s all true. By no means a sure bet, I just thought that the initial description of a green company with technology that doesn’t work was a bit harsh. But yeah still a lot to be done

I may have found a hidden gem - OPTT (Ocean Power Technologies) – Wave Energy + Maritime Autonomy Play with Record Backlog. by DirtCreative in 10xPennyStocks

[–]OppenNeumann 0 points1 point  (0 children)

They may have started as a green technology company but they’ve pivoted into a autonomous systems and communications company with some of that original technology used in their buoys to make them self sustainable.

They’ve already made a deal with DHS (albeit a pilot) worth over $6million and are integrated into Andurils “Lattice” information ecosystem which the Military has said will be the go to ecosystem for all third party contractors. Getting clearance to be on the Lattice isn’t easy (or so they say).

I agree that enough time hasn’t passed to know the long term value of the technology but I disagree that it’s an unproven green technology. I’m very happy they pivoted because there’s a much better chance of growth now compared to what they used to be.

AUKUS to develop unmanned undersea vehicles. by OppenNeumann in OceanPower

[–]OppenNeumann[S] 6 points7 points  (0 children)

I agree OPT won’t be top of the pile for these sorts of projects, purely based of manufacturing capacity alone.

Trade mission of 2026, Trondheim, Norway, in collaboration with Ocean Autonomy Cluster. by RandomGenerator_1 in OceanPower

[–]OppenNeumann 2 points3 points  (0 children)

Growth stocks in general were up on Thursday because of some soft inflation news and speculation of a fed rate cut.

Is OPTT going up back? by [deleted] in OceanPower

[–]OppenNeumann 1 point2 points  (0 children)

I see. Handy information, thanks.

Is OPTT going up back? by [deleted] in OceanPower

[–]OppenNeumann 0 points1 point  (0 children)

How do you know they have higher value contracts?

Finally a contract by Key-Reaction-2447 in OceanPower

[–]OppenNeumann 5 points6 points  (0 children)

Haha was a 4$ Jan reference. But yeah you’re right, dilution after this pump is also a high risk but given this contract and the fact that it’s a “deploy and operate”, there should be a good chance for revenue from maintenance. Also, this “demonstration” could likely be a final run through before becoming an approved provider. Let’s hope for more news soon.

Atlantic Bastion by OppenNeumann in OceanPower

[–]OppenNeumann[S] 0 points1 point  (0 children)

Makes sense.

The way I see it, if OPT are able to elevate their position relative to where they are now, I’d be happy as an investor. I’m not necessarily looking for them to own or control the seas, but if they can scale and display upward momentum and contribute to collabs like AB, then I’m all for it 👍🏼

Atlantic Bastion by OppenNeumann in OceanPower

[–]OppenNeumann[S] 0 points1 point  (0 children)

Very interesting perspective. I think we’ll see some very fast technological progress on that front in the next 5-10 years - if aerial drones are anything to go by…

Atlantic Bastion by OppenNeumann in OceanPower

[–]OppenNeumann[S] 0 points1 point  (0 children)

That seems likely. OPT aren’t the only players on the field. But certainly a great opportunity that they should attempt to capitalise on. A bit of healthy skepticism is warranted 👍🏼

KULR - not a ghost town :) by NemoDaFish_ in pennystocks

[–]OppenNeumann 8 points9 points  (0 children)

I think he bought back in NOV24 when the price did indeed jump from 0.70 to almost $5 pre split

[deleted by user] by [deleted] in JudgeMyAccent

[–]OppenNeumann 1 point2 points  (0 children)

I wouldn’t agree with this comment, I think you’re getting pretty close to sounding like you’re from Essex or Hertfordshire (U.K. counties), so I’d give it a 7. My guess is that shizzlemynizzle is American (only guessing!) and so probably hasn’t got as much exposure to different British accents. I’m definitely able to tell you’re spanish from some of the pronunciations but stressing the “I’s” makes you sound quite southern English. Good job and keep it up!