Bollinger Industries (BOLL)

[mrholty]

Where did you find shares to short?

I left a message for the number on the letter. The email address is based at a law firm. This whole thing is weird. The company has 7M shares outstanding and a float of only 2.2M as of 2012 when they issued 1 year of financials and then went dark. Their previous time of issueing financials was 2001.

[Traderfan]

Yes pretty odd on a stock which trades at 50 cents during the year.

[arbmaster]

I see, guess its not odd. Im short as many as I can at 10.77

[arbmaster]

Quite odd this offer, no?

[Mjmillions]

Did anyone stick around and make a butt load of cash?

[VMB-1]

HAPPY FRIDAY!http://www.otcmarkets.com/stock/BOLL/news?id=110484

[otcbargains]

WOW! Congrats to those that stuck it out!

[Plague]

They probably noticed people found their stock and want to take it private before any of us schmucks make their price go higher.

[otcbargains]

I received it as well. I wonder why they didnt do the buy back prior to starting the filing process. They could have bought up shares on the cheap. I am happy about it though or will be if I see evidence that they are buying. Could move this little low floater dramatically.

[ashy2classy]

Here's a copy of the letter I received from TDA...

[ashy2classy]

Anyone else get a letter that BOLL's BOD approved a $600,000 stock repurchase plan? Why would they want to buy stock when the float is already so low???

[otcbargains]

Imagine what a pr would do here.

[Hegotgame]

I would imagine a lot of these were sold this past spring being the weight loss season.

http://www.amazon.com/BODY-BALL-Medium-66CM-Bollinger/dp/B002AHW248

[Traderfan]

Good price I think. There are a few cheap shares available on the ask now. PE of less than 3 on the ask.

[Hegotgame]

Just added 1k at .86

Had Scottrade let me buy this at .07 when OTC found it or wherever that was, I would be having a fantasic year now.

[Traderfan]

Starting to move a bit. This one is really cheap.

[otcbargains]

Me too. I was hoping they would release during market hours.

[Traderfan]

I would have accumulated more if I would have been more sure that they will indeed file again although the signs were all there that they will. That said I'm happy with what I got.

[otcbargains]

100K. My goodness. You must have been the one receiving the large fills in the mid 50's recently. Congrats to you.

[Traderfan]

Geez. With a bit of luck I guess that could be a nice monday for you. I wish I had that many.....



Netting out my 100K, BOLL float is about 2M. Let's get a count together of total ownings represented by ihubbers...

[otcbargains]

Not familiar with it. I may have seen it before but no, I don't remember.

[Knowledge is King]

Individuals. I'm surprised you haven't seen them in proxy statements, they appear (or at least used to) in dozens of them...

[otcbargains]

O.K. thanks. Cede and company shares are owned by individuals or an institution?

[Knowledge is King]

The shares shown as "owned" be Cede & Company is simply an aggregation of shares held in street name. They are in the float, as the table on page 3 correctly reports.

[otcbargains]

Are you sure about the float.

Beneficial owners:

Glenn D. Bollinger 2.133,127 shares
Bob Bollinger 2.134,178 shares
Cede & Company 1.394,304 shares
John C. Maguire 181,682 shares
Ronald Bollinger 887,938 shares

= 6.731,229 shares

[Knowledge is King]

BOLL float is about 2.1M as shown in the table on page 3 of this report:


http://www.otcmarkets.com/financialReportViewer?symbol=BOLL&id=85255

Netting out my 100K, BOLL float is about 2M. Let's get a count together of total ownings represented by ihubbers...

[otcbargains]

Yep, it's .59 so it is almost at a p/e of 1. getting overvalued. LOLOLOL!

Float 670K

[Knowledge is King]

7.4M

[Bobwins]

I used shares outstanding from otc site. What is the FD share count?

[Knowledge is King]

I get $.59; how do you figure?

[Bobwins]

Wow! looks like ~$1 eps for fye 3/31/12.

[kimzerfantastik]

BOLL ~ OTCMrkts...Annual Report, Financial Statements FYE 03/31/12,
....received 06/29/12
http://www.otcmarkets.com/financialReportViewer?symbol=BOLL&id=85227
http://www.otcmarkets.com/financialReportViewer?symbol=BOLL&id=85226

http://www.otcmarkets.com/stock/BOLL/filings

[otcbargains]

Let's see that quarterly report.

[otcbargains]

I am not selling and I have averaged up. I just don't think too many people are aware that this stock exists. I don't expect much to happen until the next filing unless some stock newsletter picks it up or there is some other sort of awareness.

[Traderfan]

Stock is trading at a PE of about 1 for their 9 MONTHS operations. I certainly don't think he is a seller at these prices.

[smokestack]

If you want to see a stock accelerate, average up, and not down. Savy?

Also post your buys, for full transparrency, if you really want to see this stock move forward.

And get your finger off the sell button.

[smokestack]

I know about it, but i also know you bought your share's in the .15 cent range, for your allotment. So i'm not a buyer just a watcher of this stock. GLTA

[otcbargains]

Yeah, I know. Then more than 10 people would know about it. HAHA

[Traderfan]

Too bad they didn't PR their 9 months numbers.

[otcbargains]

I had a bid in but someone came over the top so I just deleted it. Probably wont hear anything for a couple of months from them so I am in no hurry to buy more.

[Traderfan]

Are you adding here? I bought some more lately. Wouldn't make any sense if they don't continue to file now.

[otcbargains]

Stockcharts.com added us. I just received email.

[otcbargains]

I'm just glad they file reports. I have one that refuses to do that. It never trades and is severely undervalued. If Boll continues filing reports it will be discovered over time. Sure, I would love pr's and transparency but consistent filings will move this up. IMO!

[bababooyah]

Not what I wanted to hear

[Plague]

Yes, I think he hates that he runs a public company. This guy needs to take it private.

[EquityMonster83]

I emailed this.

Glenn,

Thanks for your response. Why do you post reviewed financial statements when you have no other plans to speak to investors? I am having trouble understanding the purpose behind it.

Thanks,
xxxxxxxxxxxxx

[EquityMonster83]

I emailed them. I could try to ask but he seemed rather annoyed so I won't expect a response. The only reason he responded was because I sent multiple emails to Jason, who probably forwarded them to Glenn. I sent emails to Glenn previously that went ignored.

[Plague]

I honestly have no clue. Whoever emailed them and got a response should ask them that.

Maybe there was a deadline to stay listed? Even if they get delisted though, why would they care? You'd think they'd want that.

Maybe there is some tax reasons? I am grasping at straws.

[EquityMonster83]

The question I have is why do they even bother to post financial information if they have no other plans on keeping shareholders updated? Doesn't make sense to me.

[junewong]

Sounds just about right...