MAGA_PATRIOT
1 week ago
I don't necessarily disagree Patt, but PWDY knows that we've been eagerly awaiting QB ever since they began hyping it months ago, along with the genius they hired for PR, who was hyping "this is the most significant news to day..." At the time he was hyping that, I specifically said that NDA's mean nothing because of exactly this situation. Anything can happen until they sign on the dotted line.
Anyway, it would've been nice to know this back when it happened vs waiting to tell us until the next Q was due. As I've mentioned before, my problem isn't necessarily with the company, but more so with the typical misleading pinky fluff-hype, which wasn't necessary. However, for some reason they chose to go that route anyway.
So..... Here we are in October, down 75% from our high at the time they began hyping QB, etc., our pps continues it's downtrend, our volume and buying interest continues to shrink, we've seen/heard nothing from the company but fluff-dates (No 8K's, No tangible achievements, etc.), and now we find out this. Not to mention that they still felt the need to tell us that they are "focused on QB." How wonderful. I guess my only question is how long will they be focused on QB and will they EVER deliver anything that gets us there. NO MORE fluff-dates. 8K's and tangible achievements. Until they actually start delivering them, we can expect to keep having our pps obliterated, as nobody is showing any interest whatsoever in $PWDY.
Is what it is. Still holding, but this is beyond disappointing.
$PWDY
Pattt
1 week ago
One crucial sentence in the letter: We had signed a non-disclosure agreement, received the financials for the motor manufacturing company, finalized the preliminary due diligence and were prepared to execute a letter of intent to purchase when the seller changed his mind. IMO that's the reason why we're down here. Acquisition fell through, so they couldn't provide any tangible updates and they'll need more time. At least they might already have an alternative, and they're not sugar coating the fact that the acquisition fell through. It's very positive that funding is already (pre)approved, now they just need another company to grow. $PWDY is still a great (long term) hold.
MAGA_PATRIOT
1 week ago
MM99 - I somewhat disagree. I'll probably catch some crap for what I'm about to say, but so be it....
I consider this letter to be more fluff. They basically repeated their last letter, with the addition of signing another NDA. The last letter suggested that we'd be uplisting to QB within 6 months, which now appears to be nothing more than a pipe dream. I personally think this letter is a joke. Once again they felt the need to tell us all about the things they are "focusing on," which coincidentally are identical to things they were focusing on in their last letter and supposed to come to fruition within 6 months.
Also, I'm hoping the following is a typo and not related to some kind of plan for restructuring and ticker change. Our ticker is PWDI not PDI, so either somebody didn't take the 3 seconds to proofread this letter OR there's more to it. (quote from letter below)
"Over the upcoming months Powerdyne will continue our focus on two things, up-listing PDI to OTCQB, growing CM Technology business through Internal Growth and acquisitions or mergers."
Anyway, I'm not trying to step on anyone's parade here, but it sure would be nice to see a TANGIBLE UPDATE/ACHIEVEMENT via 8K vs these so-called "letters." Maybe it's just me, but I don't believe this "letter" is going to move the pps in the direction that we've been waiting for. As I've said over and over and over again, nothing here will change until they 8K a tangible achievement. Regurgitating the prior "letter" doesn't exactly do that. Personally, I won't be shocked to see another sharp drop as we're pushed to a new lower bottom. These letters mean absolutely nothing unless backed up by 8Ks, which we've yet to see.
That said, hopefully I'm wrong, but based on this fluff update, I'm guessing that reaching QB in 6 months, as we were led to believe months ago, is more than likely out of the question at this point. Let's hope I'm dead wrong and missing something, because if I'm not, we'll see trips again before we see $0.01. This is becoming quite disappointing.
$PWDY
MAGA_PATRIOT
1 month ago
Patt - I agree with you, but I definitely understand the frustration as well. I can't speak for anyone else, but my frustration isn't coming from how long it's taking them, it's coming from the following:
1. Hyping this several months ago, leading Shareholders to believe that QB was right around the corner. Then after shareholders and the market didn't bite on the fluff-dates from "Steve/PR Guy" or from PWDY themselves, they followed up with another update that suggested 6 months. IMO, it all began with Steve's BS post about "the most significant news yet," which led everyone to think something tangible was coming. Then when the "biggest news yet" hits and people saw that it was just fluff (Co's sign NDA's all the time. Their not significant until something comes from them.
2. The typcial pinky "Fluff-dates" on X. There is no reason to post the fluff that they've been posting. They forget that we're in pinks and most people are all too familiar with stinky-pinkies, so when we see fluff, it's always a red flag. Not because of PWDY, but because it's the way of the world as far as the OTC pinks go. They should just shut up until they have something real to 8K. Any time they post another fluff-date, it will just obliterate our pps further.
Please know that I say the above with all due respect. I am fully aware of waiting on M/A's and/or how they always take longer than expected, always encounter unforeseen obstacles, etc.... My only problem and/or the source of my frustration is they way they went about all of this beginning with the hype several months back. I'm just disappointed that they took that route (typical pinky route).
Anyway, still hoping/praying they pull a rabbit out of their hat sooner vs later.
$PWDY
MAGA_PATRIOT
1 month ago
This is getting ridiculous. We’ve lost all interest here and now seem to be in the all too familiar pinky-pattern of destruction.
PWDY and Steve (PR guy) should’ve never misled us with hyped up fluff. Now PWDY also seems to have fallen into the typical “fluff-date” pattern of posting about what “could be” and/or “stay tuned for more fluff,” but not delivering any actual 8K’s on tangible achievements.
Like I said last week, I am deep in the red now and stuck holding as we self destruct. My confidence in seeing QB anytime in the near future has been severely diminished, as we have now dropped 80% since our recent high of 0.006 and will keep losing more unless PWDY delivers us something that is not BS fluff.
Very disappointed here and mgmt is not giving me any comfort. Our pps, MC, and daily volume are all a complete joke. At this point, I’m left to hoping/praying for a miracle. Thx PWDY!
$PWDY
MAGA_PATRIOT
1 month ago
Yeah, it's been gravitating that way. That said, as we "gravitate" down, our RSI drops at about 1/6 of the pace that our RSI moves up on green days, which allows a deeper drop before moving into oversold. However, we're right at that "oversold" borderline and historically when we're here, we see a couple of green days that miraculously drives the RSI up 20-30 points, providing plenty of "cushion" for the next push down.
With no interest and next to nothing in volume, controlling the chart/RSI is very very very easy for anyone with a deep stash of shares and/or for any MM.
We'll see what happens. I'm hoping/praying that PWDY pulls a rabbit out of their hat and drops us an 8k to stop the bleeding. Whether that happens is anyones guess....
Have a great weekend. I'll check back on Monday, unless we see some kind action EOD today...
$PWDY
MAGA_PATRIOT
1 month ago
We'll see what happens next week. Too hard to tell right now if they can drive us down there as is, or if they need to hit us with a couple of tiny-green-days first to magically jump the RSI back above 40-50 before the next push down.
The way I see it is that our only hope is if PWDY actually drops a true & significant 8K in the immediate future. If they post just one more single "fluff-date," I believe the impact will be overwhelming. Shareholders, the few of us there are, have had enough fluff for a lifetime. It's time to deliver and/or follow through on what they led us to believe was coming. But, then again, that's just my opinion.... Time will tell....
$PWDY
MAGA_PATRIOT
1 month ago
I will say that this is becoming quite disappointing. PWDY was really hyping everyone up a few months back, regarding the move to QB / $0.01, but have since delivered nothing as our pps continues to be obliterated. We are now down 78%+ since our recent high of 0.006, but some how our incredibly magical RSI is at 33.x and remains above oversold. What a magical miracle.
Next week we'll likely see a couple of very tiny green days that "MAGICALLY" drive the RSI back up to 45-60, in preparation for the next push down.
Wash + Rinse + Repeat. The OTC Chart-Control is ridiculous and getting very old. Seems to happen with every OTC ticker. Given PWDY's status of SEC Reporting, cash positive, etc..., I genuinely believed this one could be different, but I'd be lying if I didn't say that I am beyond disappointed with where we are.
Before anyone jumps in and calls me a basher, etc..., please understand that my disappointment comes from how both PWDY & Steve (IR Guy) hyped everything several months back, leading us to believe that the pot of gold was right around the corner. Followed shortly after by PWDY's "correction" update that stated "over the next 6 months....," which was the start of this never-ending fall. Maybe I'm wrong, but had PWDY/Steve not hyped everything the way they did, I don't believe we would've seen this level of decline. I say this because we saw a massive sell-off immediately following PWDY's so-called update of "Over the next 6 months..."
Anyway, nothing to do at this point but hold or sell, and seeing as how I'm deep in red now, I guess I'm holding.
C'mon PWDY!!! For the love of God deliver something tangible! One single tangible achievement will do, just one!!!
Have a great rest of the week and weekend everyone. Here's to hoping for something different!
$PWDY
MAGA_PATRIOT
1 month ago
I STRONGLY disagree that this is a turd, but I do agree about this update being more fluff. I thought, or at least after 30+ days of silence was hoping, that they were done with dropping bs fluffdates.
Posting this update today served no purpose whatsoever, as reflected by the continued lack of volume. I truly cannot for the life of me understand why it’s so hard for them to just stay silent when there’s nothing to say.
Anyway, until they actually drop an 8K with something BIG/Tangible, we’ll continue to linger in laughable-land and slowly drift lower.
Still hoping for something before it’s too late and/or before somebody else steps up to steal the thunder that could’ve been…
C’mon $PWDY! Deliver a single tangible achievement for us! Just one! PLEASE!
$PWDY