PR
Permian Resources Corp - Class A
stock NYSE

Normally I would agree, but you can’t dismiss the influence of the media and big tech in deciding how these things play out. And nowadays the left controls nearly every aspect of both. As long as the corporate media and tech giants are pushing subscriptions for the democrat’s policy package suite, it’s going to be very difficult for crypto to accumulate serious institutional backing. They are going to force-boycott crypto by establishing ESG standards designed specifically to put crypto in a perpetual cycle of noncompliance . That, in turn, will drive away a massive portion of the economy as to avoid PR debacles. This is also how they will try to implement a CBDC. Hopefully I’m just paranoid and all that fails to materialize, but it’s got me concerned nonetheless.

I do PR for a living - I’ve seen this storyline in 3 places now which makes me think it’s an opposition piece that was shopped by someone who wants to damage their credibility

Buy a better PR team

Long post:
First of all, Microvision as a company is trying to sell a product which might affect billions of people, in one of the largest sectors on the planet. This isn’t an ice cream truck selling goods in the corner street. It’s incredibly hard to find a solution which becomes a win-win for both companies entering the deal. These things can take many years. It’s not ”this Monday”. It is more a question of in which year. Things are getting worse by macro-economics and inflation etc.
So, what about buying shares? We all buy shares believing the fair value will rise, or rise in the short term as a trade. Now, here’s my two cents for all with thousands of shares in here.
Let’s pretend you have 10.000 shares. A lot of money invested. And you can purchase 500 more each month. Wow, lucky for you right? Now, let’s say your avg isn’t great, 4 or more. The stock sits at 2.40-ish. I would then in this scenario reasonably wait to where things bottom out TA-wise before each buy, let’s say it’s 1000 after 60 days of waiting. You buy it at the low RSI turn around on the 4H, as happened this time around 2.06-2.10. Why? Your avg will go down either way? Maybe you miss that once-in-a-lifetime PR and the stock goes apeshit? Well, that’s what the 10.000 shares are for. The long term hold. Because if you buy 500 more at, let’s say 3.25, you feel good about it, and then the stock falls for a month straight. You do you, but it will just cause more short term pain. This will continue to move alongside the river of algos trading on a technical analysis until it can’t, and shorts begin to cover. So why not wait and be cool about your every purchase for maybe years to come? Tough to nail the bottom, but one can try right? Make it a game. That’s my useless rambling on a random Wednesday. And I think MVIS will absolutely rise again some day, but it can take years. 2025 might be the year. Or this fall, who knows. Sumit is not a prophet. Just a CEO trying its best to make this tough-as-nails scenario work.

I see this trending on LinkedIn too - this is a PR plant but I haven’t seen anything from GameStop so is it opposition PR?

Same, I hate when companies solicit donations from their own employees so they can claim the positive PR. Cough up the $ yourselves, corporate, don't ask the peons to do so.

Everyone here loves the PR that kraken puts out in this sub. Kraken can be “one of the good ones” by building a decentralized exchange

My take may be seen as controversial by some. I'm open to discussing this topic :)
On the one hand I like to see the degree of decentralization increased by spreading the voting weight across as many principal representatives as possible.
On the other hand having not overly many PR increases the efficiency by reducing the amount of communication and time to reach consensus.
Picking PR that have a vested interest in the well-being of the Nano network instead of picking a random node with low voting weight (in hope of getting another node across the limit of becoming a PR) may be the better choice.
My take is that PR have a vested interest in the well-being of the Nano network if they are run by businesses that make money with Nano (e.g. exchanges, payment service providers), nodes run by wallet providers, etc.
In the end it's about finding the balance between the benefits of decentralization (security, stability, reliability) and centralization (speed).

Technically, you own a part of Verizon and they would be obligated to honor it.
I would try the brokerage if any, but if not then reach out to Verizon Investor relations or PR to confirm. You didn’t share the true value of the certificate but could be a publicity stunt for Verizon to honor it!

Usually they’d all be saying that, but yesterday in that Congressional Hearing someone pointed out that social media has already been on top of this. They’ve got a huge PR issue on their hands.

Their PR department is nonexistent never has been, ridiculous.

I guess I’m one of the few that wasn’t expecting an 8-k email. Didn’t seem material to me from a revenue standpoint, but is material just because of the customer name. Seemed like this was an additional customer on an existing product line and I believe that PR mentioned BMW and another I wasn’t familiar with were already customers of that product. I’m ready for the Q1 earnings. I think S2upid noted about the other year how there was consolidation by the big players at $14 for about 2 weeks before taking us to $20 and it had to do with the off-exchange shenanigans. Might make sense for that to be happening before earnings where we’ll show a big increase in revenue from $0 for 2 straight quarters to a couple million, granted that’s nearly all from existing deals and revenue streams from Ibeo, and possibly whatever we got from the JLS deal. I’d hate to think we have a chicken/egg scenario on hand with the RFQs. OEMs wanting sustainability ensured before inking a deal which means the share authorization needs to pass to have an avenue of raising more money. That’s enough shares at current price to give us an additional 4 years of runway basically if fully filled just in case earnings showing revenue now or a large deal doesn’t pump price up a good ways, they want plenty of flexibility and are authorizing more shares than they anticipate needing. Obviously the idea is to dilute at a healthier share price and be strategic about it to carry us to enough revenue to positive cash flow.

Oddly it seems like it has become politicized.....especially with Florida Governor DeSantis's PR stunt regarding CBDCs. These politicians know nothing about crypto, they're being coached to take a particular stance for political weaponry.

I beleive if an 8k was coming they would have stated at the end of the PR that a 8k would be following this announcement.

Good to see Kraken step up their PR game :)

no, im wrong...here's T_Delo's comment about it.
>PR announcement was on Wednesday the 22nd, not Tuesday, and would be due by open of markets on the day following 4 full business days usually. So by Wednesday before markets open if an 8-K is expected, otherwise it is not really considered material. The day of the announcement itself does not count as one of the business days, just like any other kind of T+4 in the markets, banking, or business.
https://www.reddit.com/r/MVIS/comments/123kxl6/comment/jdvsnz3/

Binance is disaster in the making and I would like it’s empire to collapse - TLDR.
Things might be my PTSD speaking but I have discovered crypto just a few weeks before Mt Gox collapse. Of course Binance doesn’t have as big market share as Gox had (but in terms of volume everything is much bigger now). Perfect ecosystem would be the one in which no crypto entity has a power to single handedly cause major collapse and Binance might be at that level now.
And don’t get me wrong. I would prefer Binance dissolving it’s power in a way that does not harm users (no people with stuck deposits like with the FTX drama). But I am rooting for Binance in current form to go one way or another.
I know there is lots of drama on Twitter now but I don’t think current drama is the one that will take Binance down (or could it?) but I would prefer it happening now than later down the road.
Binance is a powerful exchange with the owner that has a trackrecord of actions that are dubious at least.
It will blow up one way or another, either because of their mistakes, greed, hack or PR drama. As many others will. Let’s root that none of them are powerful enough to harm the whole ecosystem.

One other thing I should have included in my reply - correct me if I’m wrong, but IIRC, we also know DRS #’s are verifiable by any shareholder of record, and can be viewed by visiting the company HQ (if anyone does do this, call first, etc., also please don’t harass them - this all goes without saying, but you never know.).

Anyways, in addition to the legal implications, this number is one which we can verify, therefore, someone could easily sue the company for reporting false information if the theory was indeed true. (I’m just going to say it. It isn’t a correct theory. Even calling it a “theory” gives this too much credibility.)

And, again playing Devil’s advocate here…*if* this theory was correct, and the SEC/whoever actually wanted the number to be faked, then the company itself (GameStop), their transfer agent, as well as the DTCC, SEC, etc. **would all be committing fraud together(?)** in order to cover up the “real” number of DRS’d shares, which, again, there is simply no motive to do this because it would open both GameStop and Computershare up to litigation, and potentially have the ability to destroy their companies via PR alone (if they aren’t driven under in legal fees and charges of criminal fraud in the first place).
I’m actually now of the mindset that this post and the rhetoric supporting it is FUD/misinformation with the potential purpose of trying to get sharehodlers to distrust the DRS numbers from the transfer agent (IMO). This is a very dangerous line of thinking for the numerous reasons outlined above.

You’re welcome to use anything here in your comments as well, or none of it. (Feel free to correct me if I’m wrong here, too!)

Sometimes I wonder if GameStop execs sat in a board room and talked about how the conspiracies could be harming their investors, and the potential PR risk that could pose to the company.
It’s possible that they concluded that a reasonable way to demonstrate that the conspiracy is false is to start reporting DRS numbers. Surely conspiracy investors will soon realise that it would have been trivially easy to DRS more than the outstanding shares if billions/trillions existed.
But they’re still not getting it, so now they’ve decided to spell it out even more clearly by reporting the stock owned by the DTCC.
GameStop probably knows that this still won’t be enough, but at least they can say they tried if this ever blows up or if there’s some kind of investigation.

All PR is good PR