Deltron Inc (DTRO)

[bigfoot422]

After all it's a F500 company and supposively for led light. That does narrow it down.

Also the last pr which was awhile ago stated they made several batches for distribution.

Knowing you and how good you are with DD I would have to believe you have researched by now.

jmpo

[PoorBoy2]

Could it be that the MMs are holding this back and pushing it down until the 'news' comes out so they can then manipulate it in the other direction and make a killing?

While we are contemplating manipulation, the X-files conspiracy theorist in me says that someone could be pushing this down so Larrucea can't raise any money until he coughs up some payola, LOL ;)

[TJG]

Thank you Poorboy2.....that is a point I would have made had I thought of it... lol. but your right, who pays a commission on that type of trade... other then the MM who pay none and it keeps the chart active.... great point.

[PoorBoy2]

Do we have MM manipulation continuing? Who in their right mind buys or sells 500 shares for $.012? That is $6. Unless it is an MM, the cost of the trade for most people is more than that.

[havocjohn]

TJG, I hope you are right, I really do, but so far what you and I thought would happen with this company when we first bought shares has not come to pass, in fact just the opposite has happened.

When I first bought this stock at .0018 I didn't think it would fall to .0001, nor did I think there would be a 1000 = 1 rs nor did I think the stock would be trading at a 93% loss in value from my average pps, but here we sit.

To be honest at this point if we dropped down to .001 from here I wouldn't be suprised, I will be more suprised if we actually go up from here, heck I might have a heart attack from shock if we actually get some positive news out of this company.

I have been quiet and keeping my thoughts to myself, and after this vent will go back to that mode, but to say you don't think it will go 3 ticks lower and go to .009 from .012 is kinda funny to me, and I find it far more likily at this point than hitting .1 never mind .5.

and to be totally honest I am actually suprised we haven't gone below a penny already, especially after the pump and dump and the bag holders from that. It has suprised me to not see a big sell off from them to get out while the getting is good.

[TJG]

Absolutly no argument with you there john... my only point was that I just dont see this getting to below .01

As for it being a POS.... you bet, the company has miss handled this stock since the RS... so all we can do is just what we have been doing...sit and wait and hope that by some fluke these boobs get something accomplished... GLTY and all of us...

[havocjohn]

and based on the details in your post there is no reason we have been trading below .1. Yet here we are today at .012, below a penny is just 3 little hundreds away, while .5 is .488 away.

It's been more than 6 months since the rs, still no news. The bs about doing it to generate more interest at .10 or greater has proven to be just that bs. The longer we get nothing from the company the lower this will go.... unless we get another pump and dump and have some roll in and make a quick 100% while the rest of us keep holding a bag full of worthless stock.

At this point I would be happy to see .2 again so I can get my cash back, but I am under the impression this will be a big tax write off for me next yr.

This is a friggin joke.

[TJG]

Have to tell you john... there is no basis to get this below a penny...

If you look at it...pre split holders are already down very, very big... folks that bought after the split paid any where from .10 to .0121. Who is going to sell for those kinds of losses.. not many..

If they waited to actually dilute... who is going to buy the share at that price... even the most novice investor can see how this has been stagnant for over 2 1/2 months...so are they going to buy it just because its cheap... no way...talk of this going sub penny is simply a scare tactic by some to get shares at a cheap price... wont ever happen IMO

[havocjohn]

I don't remember a pump last Sept, but I do remember one in Febuary? Not sure what your point is, this is the middle of April, the pump and dump happened and we are now sitting below where it started at..... exactly what is your point?

[havocjohn]

based on our track record though I hate to agree with him I think Ernest maybe right, and we are more likily to be below a penny before we are at 50 cent.

[TJG]

In all honesty where do you propose anyone would look...under whos name would you suggest we look... since it wont be under Deltron, as they just manufacture it they are not putting the patten out... you give me a valid place to look and I will dig it up..

[Pipa]

It will be when someone slaps that ask...

[bigfoot422]

BIG gap between the bid 0.012 and ask 0.05, not good at all.
jmpo

[bigfoot422]

Larrucea needed money for a HAPPY MEAL

[bigfoot422]

Has anyone found the patent or even an application ? By now there should be some evidence of some filing.

Contract is almost 2 years old.

jmpo

[TJG]

could hit .50 very soon... stay tuned ...

[EarnestDD]

Down 40% ... could hit sub-penny soon.
jmo

[Vaas]

come on.
lets slap the ask.

just kidding!

dont do that

[eohallor]

0.50 would work for me. I'd make a small but reasonable profit

[TJG]

Yea you have to watch out when Pump and Dump.com says a stock is bad... I mean look at their last two break downs SNP*, which has gone from .28 to its current price of $1.80 and prior to that they told us in several emails to stay away from NSR* which when they first alerted it was at .14 and went to $1.64

Fact of the matter is anyone playing penny stocks had better fully understand how to trade them when they run...they are by nature all pump and dumps.... on the last pump was there anyone here who made money on DTRO, I sure as hell hope so, cuz it was a gift... you buy these stocks on the dips and you wait... but then some people go to other boards and while the stock is in the midst of a 233% run they post that its going to crash.... its so easy to see why some make money and others just sit and hope for a juicyyyyyyyyyyyyyyyyyyy pr and go home broke every night.

By a show of hands how many here would love to see a Pump and Dump on this and have it go to just .50 forget the dollar the others have gone to... how does .50 sound to everyone. Pump and Dump.com is run by shorter's and they are posting warnings on stocks for a reason people. I get their emails and I make some nice money off of their warnings.. key is knowing when to get out...

[EMPATHY]

Link to list plz.

[bigfoot422]

DTRO placed on PUMPs and DUMPs list on, 9/21/2011 and 2/11/2012

[EarnestDD]

Another Reverse Split???

Thats the only way DTRO is going to $10.
jmo

[GREGG THE GREEK]

could go to $10 next wk

w a Juiiiiicccccccccccccccccccccccccy pr

#24

[GREGG THE GREEK]

LOL

yup

it's the death knell

or am i getting my boards mixed up

[TJG]

Oh its calculated properly alright...but its still not DEBT.. by now.

[EarnestDD]

The Derivative Liability of $7 MILLION is just THAT ... a liability as required by GAAP.
Its properly calculated and on DTRO's financial statement.
Enuff said.
jmo

[TJG]

Have a good weekend everyone and lets see what next week brings us for DTRO...done for the day.

[TJG]

Thats why one needs to learn how to actually read the fins and how to understand them...if you go further into them you will find this:

The increase in net loss of $7,894,159 for the year ended September 30, 2011, compared to the
nine months ended September 30, 2010, was a net result of: an increase in our professional fees, an
increase in gross profit due to efficiencies relating to increased sales, an increase in interest expense due
to the addition of the $3,150,000 note recorded in 2011 and an increase of derivative expense of
$7,159,130 and an impairment charge on the intangible asset of $266,250 in 2011 (this is on page 19)

The Key is do you fully understand how the derivative expense is calculated... and for the last time ITS NOT DEBT as far as accounting is concerned.

[EarnestDD]

WRONG ... here is the Total Liabilities from the Audited Balance Sheet and the link to the Audited Financials filed by DTRO.

The Convertible Note Debt is clearly part of TOTAL LIABILITIES.
lmao
jmo

Total liabilities at 9/30/11 were $12.38 Million.

Current liabilities
Line of credit $ 100,000
Bank overdraft 30,002
Accounts payable 241,929
Accrued expenses 155,925
Income taxes payable - 1,600
Accrued expenses - related parties 329,000
Accrued interest - related parties 111,809
Derivative liability 7,159,130
Convertible notes 3,165,741
Convertible notes - related parties, net of note discount of $79,333 - 96,167
Current portion of long term debt - related party 489,082
Total Current Liabilities 11,782,618
Notes payable - related party, net of current portion 606,028
Total Liabilities 12,388,646

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8338148

[TJG]

I have and no it does not...
LMAO

[EarnestDD]

The Debt is listed as PART of the Total Liabililies on the Audited Financials.

Take a look at the AUDITED Financials and go argue with the Auditor.
lololol
jmo

[TJG]

No it does not ...debt and liabilities are two seperate accounting pieces. If they were not they would not seperate them...they would just list one or the othere.

[EarnestDD]

Debt forms part of liabilities.
Liabilities can be in many forms.
Either way ... its Money that DTRO OWES and its $12.8 MILLION per the Auditor.
jmo

[TJG]

So what... thats not debt... again...thats liabilities

[TJG]

Liabilities are not the same as debt... you may want to do some DD on the subject ...

[EarnestDD]

The Audited Filings from DTRO list the Total Liabilities as being $12.8 Million.
EOM
jmo

[TJG]

You did not read the Fins... since they do list the debt as $4.4 million

[TJG]

I post facts on DTRO while some post opinions that have no factual basis...

Anyone can check what I post...but there is no way to check opinions, except for the fact that they are posting just a verbal opinion... I am fine with holding and waiting...

[EarnestDD]

Sorry ... I Read DTRO's filings .. and posted therefrom.
They are pretty darn clear, having to be GAAP compliant and all.
LMAO
jmo

[bigfoot422]

Latrod, you are correct,ty DTRO is like watching paint dry.

[latrod]

Down more than that, about 90%!

[bigfoot422]

DEBT over 7 million and maybe much much more

jmpo

[bigfoot422]

UN-ANNOUNCED R/S post r/s down more than 80 %

jmpo

[bigfoot422]

DEFAULT on annual filing fees

[bigfoot422]

What F500 company ? its all imaginary

jmpo

[bigfoot422]

Honestly, I felt DTRO was a scam for quite some time now.

jmpo

[EarnestDD]

DTRO is already Two Months late in filing its Dec/11 10Q.

Probably so broke they can't pay the accountants.
jmo

[EarnestDD]

Total liabilities at 9/30/11 were $12.38 Million.
Nowhere on DTRO's financials does it say Total Debt of $4.4 Million.
The Derivative Liability does inflate Total Liabilities as that is the value of the shares that will be required to pay off the Convertible Loan.
The Derivative Liability has increased even further with the further recent slide in DTRO's PPS.
jmo

Current liabilities
Line of credit $ 100,000
Bank overdraft 30,002
Accounts payable 241,929
Accrued expenses 155,925
Income taxes payable - 1,600
Accrued expenses - related parties 329,000
Accrued interest - related parties 111,809
Derivative liability 7,159,130 -
Convertible notes 3,165,741 -
Convertible notes - related parties, net of note discount of $79,333 - 96,167
Current portion of long term debt - related party 489,082
Total Current Liabilities 11,782,618
Notes payable - related party, net of current portion 606,028
Total Liabilities 12,388,646

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8338148

[Vaas]

Thanks!