posted
This looks like it is going to be a real winner. Congradulations on the great find and thanks for letting us know about it.
RWLNE Reality Wireless Networks # shares 4.2 Million Price .001 = Market Cap $4,200
States will be up to date in reporting in two weeks and have the E removed. Was (and still is) providing high speed internet access to rural markets in Northern California where DSL or cable service was not available, plus has signed up to provide sevices to apartment houses. One review I read said that their service was not reliable. Their stock price fell from .10 Nov 2003 to .01 and now is .001 Now, however, Genesis Electronics Inc. has mereged with it and Genesis through years of R&D has developed and gotten a patent for charging hand held electronic devices such as cell phones using solar power. It provides maximum power transfer from a photovoltaic cell to charge the battery of a hand held device and thus extend the user time of the device. They have obtained one million dollars in financing and have received their first order worth $2,700,000 from Digital & Wireless Group for 70,100 Sun Blazers, a mobile electronic power holster for cell phones. This appears to be a market that will grow with time and with only 4.2 million shares, the price could rise substantially. Right now the Marke Cap is only $4,200 which basically means that people are saying that the company is worthless. If it starts showing a profit in future quarters (and it looks like it will) then the market cap will have to increase accordingly, which means that its price could increase 10x or even 100x or more. GIG HARBOR, Wash., Jan. 20 /PRNewswire-FirstCall/ -- Reality Wireless Networks Inc. (BULLETIN BOARD: RWLN) , announced today that it has received a near term financing commitment from an institutional source for up to $1.0 million. The financing is structured as a staged equity investment of 4-6 trenches dependent upon Reality Wireless meeting certain performance targets. Reality Wireless Networks, Inc. will use the proceeds of this financing to fund production efforts with its merger partner, GENESIS ELECTRONICS INC. As previously announced, GENESIS ELECTRONICS with its production partners has, through its proprietary technology and ongoing R & D and extensive market research, developed a mobile power product for consumer hand held electronic devices. This unique product combines on-board battery power and solar charging to provide significant additional power to the user's mobile phone and other consumer hand held devices. This merger is expected to be completed within 60 days.
Jerry Bessa, CEO of GENESIS, commented, "Reality's management continue to show that they can perform for us and are part of the team. The mobile phone and hand held device market we target remains robust and our product is positioned well for millions of users who frequently experience the loss of power with mobile devices!"
GIG HARBOR, Wash., Nov. 29 /PRNewswire-FirstCall/ -- Reality Wireless Networks Inc. (BULLETIN BOARD: RWLN) , announced today that its merger partner, Genesis Electronics Inc. ("GENESIS"), has received a Purchase Order for $2.7 million from Digital & Wireless Group, Inc., an International Marketing & Information Services, Inc. Company, for the "SunBlazer," a mobile electronic power holster for cell phone users.
GENESIS and Digital & Wireless Group, Inc., have worked together through R & D, prototype review and market research efforts to develop this initial Purchase Order. Digital & Wireless Group, Inc., http://www.digitalwirelessgroup.com/, is a leading specialist in laptop computer and mobile communication accessories with over twelve years experience and more than 2,000 business and retail customers worldwide.
Jerry Bessa, CEO of GENESIS, commented, "Our first Purchase Order for 70,100 'SunBlazers' is a very gratifying development after years of R & D and market research into what cell phone users really want and need in terms of mobile power. This order will include 'SunBlazers' for use with Nokia, Sony-Ericsson, & Motorola Cellular phones, and we expect future orders to include units for LG, NEC, Samsung, Sharp, Siemens, Panasonic, and Toshiba phones."
The CEO of Reality Wireless Networks Inc., Steve Careaga, noted, "This Purchase Order is a clear indicator of the value and excitement this merger will bring to Reality Wireless Networks, Inc. We believe that GENESIS, with this first Purchase Order and worldwide distribution partner, will truly be tomorrow's leading mobile power solution provider
Posts: 580 | Registered: Oct 2003
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posted
************* now rates this a buy if: REALITY WIRELESS NETWORKS INC Daily Commentary
Our system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 12.20.2004 (43) days ago, when the stock price was 0.0060. Since then RWLNE has fallen -83.33% .
PS. So far today it's up 10%
Posts: 580 | Registered: Oct 2003
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posted
I got some shares myself. Come on ya'll let's get a group effort going and try to get this thing moving. Lets us all put forth the effort in making this one of the biggest stocks of the year. We can do this.
posted
This shouldn't take much to get going tomorrow. I am going to sell some other positions off in the morning and get some more.
Posts: 99 | From: Northeast PA | Registered: Dec 2004
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posted
what do you all rekon this could get to tommorrow. Opinions please. i may be in for only 150,000
Posts: 2270 | From: andalusia, IL, USA | Registered: May 2004
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posted
I talked about the pending SunBlazer sale on another board and I got this reply: Checking with my own source in the Wireless Industry & a personal friend with Nokia, he does all the packaging for Nokia through Domtar/Norampac... it seems that the R&D is complete and the Purchase Order is in place and being filled.
Me again: Once the sale is finalized and people see how much money the company made just on this one sale, the price of the stock should REALLY start to move up. Only thing is, I don't know how many shares are out there. On source says 4.2 million, another says 5 million, but the average trading volume over the past month has been 1.3 million, and today it was 52 million. If it actually is only 5 million, then a price of .002 would only give it a market cap of $10,000. Since their order is for $2,700,000, even if after expenses they only realize a profit of 1/10 of the sale price, that still = $270,000, which would be 27 times their present market cap. Considering that 52 million shares traded hands today, a huge amount compared to what they have been trading, it could be that the results are in and people in the know realized how undervalued this stock is. So, even after being up 100% in the last few days, (it was trading at .0009) it may still have a very long way to go on the upside. It's always nice being in a stock that is going up and up and up. This could be one of those. One thing though, in other stocks that have had a BIG jump up in price I have noticed that on the next day, or days, the price drifted down. So rather than jumping in at the opening, you might want to wait and see if it moves down some. BUT, if it doesn't start moving down within a short time after the opening, or even starts moving up, then it might be a good idea to buy it, because I have occasionally also seen stocks go up 50% to 100% for day after day, when some big news came out on the stock.
Posts: 580 | Registered: Oct 2003
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http://www.otcbb.com/help/cms_includes/quote_module.htm shows that it closed at .0018 but that the bid/ask is .0019/.002 which could mean a strong opening because, on most stocks, the bid usually is at a price = to or below the closing price.
Posts: 580 | Registered: Oct 2003
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quote:Originally posted by STAR GAZER: stnkng1 it looks like you are going to have to change your Allstock name to wining1.
LOL hey what is your opinion of what this may do tommorrow i was away all day and dont have time to do much DD. i am gonna try to get more at .0018 i am hoping it hits .0025+ tommorrow but i dont think it is gonna stop tommorrow it might last for a couple days. GLTA and price opinion plase
Posts: 2270 | From: andalusia, IL, USA | Registered: May 2004
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posted
The bid/ask seems to have settled down in the .0022/.0021 and .0023/.0021 I just now put in an order to buy at .0022 Will see what happens.
Posts: 580 | Registered: Oct 2003
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posted
It wasn't its big day today. But it took a step in the right direction. The big day is just around the corner!!!
Posts: 99 | From: Northeast PA | Registered: Dec 2004
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im in for tommorow got to give it a shot . Hope this will go up nicely. it seems to be rising slowly which is good i think?
Posts: 210 | Registered: Feb 2005
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posted
I think that this is just the very beginning of the upmove. This can easily be a 10 bagger or even much more. To me this looks like a turnaround stock, they still have their previous markets, but have now teamed up with another company and entered into a growing field that could give them great and growing profits. I could have gotten in at .0011, but chickened out. Today I put in a buy order when the bid was at .0022 and had the good luck to have it filled within minutes. I won't be surprised to see this reach .22 (a hundred bagger) and if they do as well as they suggest that they will, then $2.22 is not out of the question, in which case, $1,000 invested at .0022 would then be worth $1,000,000. Welcome to the millionair club.
Posts: 580 | Registered: Oct 2003
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posted
If they are getting 2.7 million dollars for 70,100 SunBlazers that use solar energy to charge cell phones and since there are multiple millions of cell phones in America plus world wide, if they get only a small portion of the business, it could bring in millions of dollars to the company. Plus their charging technology can be use on other types of electronic equipment. And as far as I could find out, they are the first to come up with a more efficient way of solar charging equipment. And if people like what they have, their profits could grow and grow and if so, then I am guessing that in a few years, possibly shorter, or longer, that their share price could eventually be in the multiple dollar range. I put a fair amount of money into the stock at .0022. Friday it closed at .0020, so I am down so far, but I am holding to see what their sales and profits do. If you divide $2,700,000 by 70,100 SunBlazers, it means that each SunBlazer costs $38.52 which is quite a bit and so they might not sell many at that price. However, their costs might come down and if so, then they can lower their price and still make a profit. Their product uses solar power to trickle charge or supplement the power sources of electronic equipment and if it can be used on more expensive equipment such as portable computers, then this could be a real money maker because people would be thrilled to increase the user time of their PC, and if the price of the stock then goes up, I would also be thrilled. But their product might not sell and in that case the price of the stock won't go anywhere. But I love the reward/risk ratio: If the price of the stock does take off and reach the $2 level or even higher, then I'm a millionaire.
Posts: 580 | Registered: Oct 2003
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posted
I may have gotten in a wee bit early. I have a habit of doing that. In a lot of stocks, they move up on good news that is pending, such as future increased sales, but then drift back down close to where they were until results actulally start to show up. However, if it was something fundamental that will benifit them over the long term, then they start a more sustained advance as their profits improve. This seems to be one of those cases. I thought that with their greatly improved prospects, that it was starting to take off, and would keep going up without backing off. Well I guess some one let the air out of my tire. But, since it seems like a real turnaround stock, I will hold on. Other people might want to get out and see if they can get back in at a lower price, when (if?) their sales start to pick up. My problem is, that when I bail out of a stock, then just as happens to a lot of other people, that is the time that it starts going back up.
Posts: 580 | Registered: Oct 2003
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posted
Yeah that always happens to me. I will hold a stock when it is not performing but when I decide to sale it, it goes up. I hate that she it. I'm holding
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