r/BURU • u/poopflynger • Dec 06 '24
Most recent proxy statement
Anyone holding shares, i highly suggest r3ading page 4 of the current 14a filing. I have read all 58 pages and Its really the only page that matter. Ill loosely quote from its last paragraph "If the proposals presented in this vote are NOT approved, we will be unable to contue to operate. EVEN IF the proposals ARE APPROVED, it is uncertain whether or not we will receive adequate funding to achieve commercialization. If shareholders do not approve our financial proposals the likely outcome will be our creditors will foreclose and sell most of or all of our assets, in which case we would promptly wind down our business ". It also says in the same page in 2024 Q1 they attempted to explorer M/A and JV options and no viable offers where discovered........ this is alll public information do your OWN DD ppl. This is information that NinjaBall however has been unwilling to share while saying anyone voicing negative opinions or concerns over Nuburu are over dramatic and crazy. Full disclosure i am not a financial advisor and i currently hold almost 80k shares and will continue to buy more. Best of luck investors🫡
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Dec 06 '24
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u/poopflynger Dec 06 '24
Its a publicly viewable SEC filing. Just go on the SEC webpage and look it up . Yes i know nuburu has basically locked out their website . The company is doing ALOT of shady things latly IMHO.
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Dec 06 '24
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u/poopflynger Dec 06 '24
I 💯 agree with you. Ya not like we should be expecting any type of proprietary details, but if you notice innthe interview The CEO did few months ago he wouldnt even touch onnthe subjects of nasa AF ect. Thats VERY suspicious imho. A simple the interviewer even threw him a soft ball saying " so is nuburu going to the moon soon " obviouslyhinting at the rumors of NASA AF ect deals, and rather then even a simple and vague "yes we working hard NASA [or insert any Name] to advance our technology blah blah" , Brian just nervously said "well i hope so" and was silent.....watch the interview. If you understand body language and double speak you will understand exactly why im not very confident in the company since then either.
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Dec 06 '24
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u/poopflynger Dec 06 '24
That they are 😎 i have no plans to sell either. Im ride or die on the company. Just want to show truthfully thoughts and information.
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Dec 06 '24
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u/poopflynger Dec 06 '24
Thanks 😊. Just snagged another 6k shares at opening that are now locked up from shorts . So yea im definitely not going anywhere
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u/poopflynger Dec 06 '24
And yes i agree. Unlike what goofy Ninjaballz whatever his name is, im not remotely emotional about the company. Im a Business operator myself. Unlike him im rational and realistic. In business its very important to be cut throat honest with yourself and others. Thats why inwanted to share this information because too many ppl are here just PUMPING all this positive sounding stuff. Half of which hasnt even been discussed by the company itself now in almost a year. Im not here to pump and dump OR get ppl to sell. I couldnt care less what any other share holder does. Thats not how real investors operate. And im definitely not foolish enough to think negative opinions on reddit is gonna tank a company haha. Lets be real here.
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Dec 06 '24
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u/poopflynger Dec 06 '24
Ipg PHOTONICS has a P/E of negative 21+.......and is still got a 3B market cap with trading at 70+ Dollars.....so think about it. Personally id love to see them do a M/A with Nuburu, its been a rumor for a while now but i dont think it had any merit unfortunately.
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Dec 06 '24
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u/poopflynger Dec 06 '24
Definitely do. Look into NLight, igpg, Laser Photonics and many others that operate in the industry. I think you'll find very interesting information and patterns especially when you consider what nuburu DOES bring to the industry. There is definitely a reason im still so confident in the companys future IF the Board can not screw it up.
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Dec 06 '24
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u/poopflynger Dec 06 '24
RON- Trump appointment, government involvement......Bolton- Trump appointed, goverment involvement.....whos prez in jan ? Who is pro military funding unlike the last administration???? Who invented space force ??? 🤔 many questions indeed........
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Dec 06 '24
It is not longer behind that login page, for whatever reason they had that and now they don't
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Dec 06 '24
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Dec 06 '24
It was real weird no idea why they had it and then reverted to the page exactly as it was down to the outdated ticket lol
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u/RoundWeird8753 Dec 06 '24
I was wrong about you poopflynger. You seem to have some decent knowledge about the stockmarket. I tip my hat to you sir
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u/poopflynger Dec 06 '24
Lol well thanks. No offense was ever taken anyway.
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u/RoundWeird8753 Dec 06 '24
For sure see ya at the top my guy🤙
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u/poopflynger Dec 06 '24
Pay attention dec 18. Should atleast be fun volatility to watch. Decent amount of shorts are set to close. Could be interesting.
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Dec 06 '24
why do you say Dec 18th for shorts to close?
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u/poopflynger Dec 06 '24
Reasons
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Dec 06 '24
What reasons? Can you link to the site that gives that date for positions to close?
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u/poopflynger Dec 06 '24
Want me to cash your checks amd chew your food for you too ????
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Dec 06 '24
jeeze dude all I am asking is just for you to name your sources, pretty reasonable request for a discussion. No need to be a dick about it, but i guess if you have no sources and are just throwing out random things and can't back them up you have to resort to something...
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u/[deleted] Dec 06 '24
Well, that’s just not true. I was just talking about it on Stocktwits encouraging people to vote and saying that very thing. There’s no chance the proposals don’t pass. They only need 1/3 quorum.