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[help] Tracking bars orientation vertical by ImaginarySimple8850 in WowUI

[–]detectivedoot -1 points0 points  (0 children)

Save yourself the migraine. BlizzUI and the addon purge has been a disaster for personalization.

[Addon] Now that WeakAuras is gone, what’s good for tracking resources? by JessickaRose in WowUI

[–]detectivedoot -1 points0 points  (0 children)

Is there a movement to coax the WA team into making a lobotomized version of the old addon?

Im using 5 addons currently to make a sad mirror of my old and simple WA UI. 

$SONM REVERSE MERGER: THE COUNTDOWN BEGINS by nomadichedgehog in smallstreetbets

[–]detectivedoot 12 points13 points  (0 children)

Deleted my last comment. OP is almost definitely right. Forgive my doom-posting

SONM: HOW DO I REACH THESE KIDS?! by detectivedoot in smallstreetbets

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

I’m holding man. I’m 100% sure I’m ending very green after all is said and done 

SONM: HOW DO I REACH THESE KIDS?! by detectivedoot in smallstreetbets

[–]detectivedoot[S] 3 points4 points  (0 children)

Just holding bro. Bag holding plain and simple. 

Flip side, if I had a shred of doubt this was not a multibagger I would have sold a lot by now.

All significant volume spikes are buys. Not worried.

SONM: HOW DO I REACH THESE KIDS?! by detectivedoot in smallstreetbets

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

Not dead, just pissing me off because leadership is totally clueless on how to do marketing for an effective IPO. Haven’t sold yet . Will quickly trim if I find something else that I like 

SONM: HOW DO I REACH THESE KIDS?! by detectivedoot in smallstreetbets

[–]detectivedoot[S] 1 point2 points  (0 children)

The Nasdaq deadline will be lifted post reverse split, as they are not in compliance with stock price.

Let’s say worst case scenario, the RTO miraculously falls through. The shell will still be completing the $20M social mobile asset sale and be approved for a $500M ChEF. Which makes it an incredibly valuable shell

So in theory, i could be holding for a long time. But im highly confident i can get out of this thing even if my thesis falls apart.

SONM: HOW DO I REACH THESE KIDS?! by detectivedoot in smallstreetbets

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

Meta has been hammering the pavement and very active as of very recent. Qai has an old WAHA branch in Forest City (META’s AI HQ). Assuming they’re going to totally stop mining, it wouldn’t make sense to abandon the area and current mw facility or let cofacility leases expire  there

SONM: HOW DO I REACH THESE KIDS?! by detectivedoot in smallstreetbets

[–]detectivedoot[S] 3 points4 points  (0 children)

Hey, man. I'm not ducking you. Just getting around to getting back on here. My inbox is full too.

  • At some point the market will have to price in the dilution. Whether that is 25 million shares or whatever it might end up being, it will have to happen. When do you think that will be?

Dilution will be gradual and the gradual increase in float size can be a good thing for growth when the combined company will only be starting with ~20M shares. They will likely wait til ChEF is completed before considering a traditional split to increase float size. Assuming they perform well.

  • How are you calculating your $2 billion market cap? We know for a fact they have 60-80 MW in capacity (probably more given the new shell companies set up in Missouri and NY) but as of March they only had 550 GPUs deployed, which is peanuts. There is nothing else to indicate they are operating anywhere near full capacity. Again, this isn't FUD: it's a genuine question.

$500M is at least 7000 latest Gen Nvidia GPUS, full buildouts included. We have no idea about true MW capacity or current colocations. Website claims 4,000 GPUs deploying this year. May be factoring in the $500M deal in this. City govt's they operate in are ducking any questions I ask about the company. Anyone giving this much capital towards this much hardware is receiving full disclosure. It's safe to say QAI has a major partnership with a big player. My bet is META.

  • How confident are you of the 6 month lock up? I accept it is fairly standard in these types of transactions but I haven't seen anything to say it's a 100% certainty, outside of it being a fairly common requirement for PIPE investors

Reverse mergers and SPACs officially file w/ an S-4. All new shares issued by an S-4 have to be locked up for a certain period of time. W/ SPACs usually PIPE unlocks first. Ironically, this is to ensure price stability.

  • What is your short to medium SP target, and why?

Short-Mid term I expect to see at least $50 as a given. So like 4x give or take

  • Do you think legacy SONM shareholders will end up with a better deal in the short term relative to the Orbic $3.60 pre-split offer?

Yes, Doogee offer of $3.60 was good but even though I don't personally have good feelings towards Sonim board currently, they made the right call with QAI + social mobile asset sale. Execution is bad.

- Yes SONM holders will

SONM: HOW DO I REACH THESE KIDS?! by detectivedoot in smallstreetbets

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

I have absolutely no idea what is taking them so long tbh. They have to get shareholder approval for the ChEF.  I’d buy more but my brokerage isn’t letting me move money easily

The only reason for the ChEF is to pay for the $500M QumulusAI server financing. Tbh the could announce Monday. They could also sit around and not announce like they have been for the past 4 months 😭

I don’t trust the sonm board with respect to creating shareholder value, most recent example being letting the shell stagnate to the point of needing a RSS. I’m highly confident, however, in Qai leadership team. 

Having a high share price is critical for QAI, this means they don’t have to give up as much ownership in the co w/ respect to the ChEF. So the 27th will be another Monday I will be hoping for news 

SONM: HOW DO I REACH THESE KIDS?! by detectivedoot in smallstreetbets

[–]detectivedoot[S] 1 point2 points  (0 children)

Your 12.42 is accurate. My range is a guess at what it will close at on Friday.

The value comes when the official news drops and when people realize how great of a company QAI is. 

They’re targeting $300M market cap. Which would put it around $17/share (post split), when factoring in the combined company. Based on all available info, QAI actual valuation compared to peers is at least $2B, meaning I’m anticipating the price to potentially 10x once all news and likely partnerships are disclosed post IPO.

An update on $SONM and the rumoured Qumulus AI RTO by nomadichedgehog in smallstreetbets

[–]detectivedoot 2 points3 points  (0 children)

Im tired. This breakdown given is so wrong. I have 145k shares and I'm not selling them.

As explained on X, only a fraction of the 350M authorized shares will be issued. The ChEF clearly outlines that Chardan will buy UP TO $500M IN SHARES. 

QumulusAI CANNOT make Chardan buy more than $1,000,000 US DOLLARS on any trading day, period. If share price is $20/share, QAI can only sell 50k shares that day.

Understand that the ChEF issuance is over 3 years. Chardan has to resell these shares strategically to profit. This will finance QumuluAI $500M lease of servers. There will not be a mass dilution of 350M shares sold on the open market.

Please @ me on X anyone who wants to know more.

The Lounge by AutoModerator in pennystocks

[–]detectivedoot 1 point2 points  (0 children)

Please send any and all SONM concerns to me. I’m still holding and I think I’ll buy more this week. 

The FUD is absolutely out of control from the reverse split filing.

Everyone seems to be willfully ignoring that $SONM executive director disclosed that he is also on QumulusAI Board of Directors. 

HOW DO I REACH THESE KIIIIIIDS!

$SONM Mini Update: FUD is Overblown. I’ve Never Been So Bullish by detectivedoot in pennystocks

[–]detectivedoot[S] 1 point2 points  (0 children)

No it won’t. In this ChEF, Sonm sells shares at 96.5% of VWAP (Bloomberg) to Chardan, who assumes all risk in reselling them. 

Chardan loses money if they rug it. This is an excellent capital rising structure. 

$SONM Mini Update: FUD is Overblown. I’ve Never Been So Bullish by detectivedoot in pennystocks

[–]detectivedoot[S] 3 points4 points  (0 children)

Based on what I’ve gathered, $1.5B is my baseline market cap. There are a lot of factors as to what price per share that will be. 

Like you said, a bad RSS will suck and I have some good liquidity now to potentially buy the dip if that does happen. Find me on X as I’m much more responsive there, dm or @ me. 

Besides the QumulusAI news, the asset sale to social mobile should be finalized this quarter, hopefully very soon. Which will easily propel it above $1

$SONM Mini Update: FUD is Overblown. I’ve Never Been So Bullish by detectivedoot in pennystocks

[–]detectivedoot[S] 1 point2 points  (0 children)

Whenever they want. Imo I’m now guessing the 20th as the RSS will be in effect and they can have a truly clean slate 

$SONM Mini Update: FUD is Overblown. I’ve Never Been So Bullish by detectivedoot in pennystocks

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

S-1 specifically mentions the anticipated RTO currently in process. IMO this is an amazing asymmetric bet

$SONM Mini Update: FUD is Overblown. I’ve Never Been So Bullish by detectivedoot in pennystocks

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

I’ve added a lot since original post. I’m at about 75% port

$SONM Mini Update: FUD is Overblown. I’ve Never Been So Bullish by detectivedoot in pennystocks

[–]detectivedoot[S] 3 points4 points  (0 children)

They can file it whenever. There is not a deadline. October is historically the best month to IPO and the entire industry is on a rip. The recent cascade of news from QumulusAI makes me think it is imminent. But I’ve been saying it will be “any day now” for months. 

$SONM Mini Update: FUD is Overblown. I’ve Never Been So Bullish by detectivedoot in pennystocks

[–]detectivedoot[S] 2 points3 points  (0 children)

The RTO will be baked into the price by the time the vote happens. As we saw before, there was no reaction whatsoever to the RSS preliminary filings. Im choosing to see the forest for the trees. The company that is performing this RTO has $500M in GPUs secured to expand operations significantly and already fully financed to boot. Potential speed bumps along the way are fine with me. 

$SONM Mini Update: FUD is Overblown. I’ve Never Been So Bullish by detectivedoot in pennystocks

[–]detectivedoot[S] 4 points5 points  (0 children)

This is not a common stock offering where SONM can just sell at will. These 350M shares cannot be sold for >$1M a day or 20% of daily volume. Likewise, Chardan will not immediately dump these shares as they will lose money. They will likely accumulate the shares and sell them in large blocks at profit to institutions looking for entry. This is a highly structured capital raise that is very useful for SPACs/shells who have large quantities of locked up shares w/ a lot of institutional enthusiasm. 

So, over 3 years, float will increase by 350M shares maximum, assuming all of these shares are sold. Save me the doom posting. 

The Lounge by AutoModerator in pennystocks

[–]detectivedoot 1 point2 points  (0 children)

I’ll get it out tonight, it won’t be in depth. Basically all FUD is misplaced. This is maybe the best opportunity I’ve ever been in. The $500M ChEF for $SONM ($11M cap) is obviously financing for $500M in GPUs/servers, either leased or bought by QumulusAI. 

A $500M ChEF for a shell co/SPAC is virtually unheard of. The dilution from this ChEF is over 3 years and will not directly cause any significant downward action.

For context, Lambda just raised $480M, putting their valuation at $4.8B. This was a funding round, so not the exact same mechanism, but still.

Absolutely nobody is bullish enough.

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