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Risk to reward I think is high here when you compare this price here to many of the pink stocks at this price who end up selling billions of shares. This float will go way down and still not have much of an OS for them to work with. If they indeed move IRIS in then a profitable company like this can move way up just like the SANT did on its reverse split this year.
It is high risk but I am in for the returns in months not minutes lol
I do have one who do 400 and 500% in a week today but I also build some for long term moves as well.
look at the sant chart as well as the ogng long term chart.
Ali and Quiver, you make excellent points here and I agree.
The split is merely a requirement for the agreement which merges DMPD with a money generating machine in IRIS!
This is going to work out good for shareholders IMO.
4
Very true my friend... It's the perfect full reporting shell company!
ZERO revenue last "Q" + Huge RS 188:1 coming, Just posting a Fact!!!No BS Bashing here.
I agree and in the filings they moved all that profit out of the public right beofre needing to post a record year and this would have been at .25 this year had they not stole all the money. This actually could be investigated on there move on the shareholders this year in January as it was planned and done to keep the money and then dilute the old holders.
Worst part was I did well as I watched STOA board for two years ahead of this years move and it had looked great. Many got stuck but by now should have gotten out from my original report there this year in Jan.
worst part is when I saw the filings I spoke up on the baord and they all just blasted me for trying to lower the price when I said to sell above the penny.
The next week it sat almost at trips.
I try to look at the next year on these stocks and not this week unless they file a bad deal and then I say what I see
I still like this shell and with the reduction of shares it is a steal of a deal for the new owners whoever they may be.
I am not saying put thousands into this but just enough shares to have a stake for the next move after the revealing of were this is going .
To me it beats buying another pink stock at .001 that has billions of shares to sell all the way to .0001 and far less chance at thsi point of selling shares at all ahead of news like stoa did.
I would go one step further and say that $TOA is being chopped up and sold to the highest bidders.
Definitely IMO...
I don't believe the BOD at $TOA has the interest if the retail investors in mind! IMO there was $1,000,000 worth of dilution this far just so they can close the doors and pad the pockets of CEO and BOD. I bought in to $TOA too! The last straw was when I started looking at all the websites they used to own and saw new owners at the bottom of the web page!!!
Oh... and also the silver bullet
All I read on the STOA board when I brought that one too the attention of the IHUB and broke it above the .07 said it was only merging with the trash company that IRIS owns in waste disposal and STOA also did one heck of a move to get the profit company out of the stock and screw the shareholder with a huge share dump ahead of the filings with IRIS.
That is why I stopped moderating and even being on the STOA board.
I found this by reading the filings and feel much safer here even with the reverse then the 100's of millions of shares that STOA added this year to get the waste diposal company of IRIS.
I will wait here and see how my shares fair.
IRI$ corp. Berhad BUY rating by all analysts... Growing business with projected earnings far above the current!!!
http://www.reuters.com/finance/stocks/analyst?symbol=IRIB.KL
Good morning too all!!! I'm really liking the immediate future here at DMPD!
The war is on between two companies. Some will say there is no way DMPD can be the winner because employees work on the couch in their living room. IMO this is exactly what IRI$ is looking for, a fully reporting shell company!
Some will say too dangerous because of a large R/S 188:1... IMO this has been prescribed by IRI$. IRI$ wants 96.75% ownership in DMPD and will most likely change the ticker symbol immediately after consummation!
This means an OTC company with negligible revenue will suddenly have a yearly revenue of $169,400,000 and increasing!!!
So what is the timing for the news?
Is it reverse merger (RM) than reverse split (R/S)?
Is it R/S than RM?
Are they going to happen at the same time?
Cognitive Dissonance - loose definition: There is an internal struggle with holding two belief systems in your mind at the same time.
Currently the majority of people are believing in $TOA romance, but soon we will see the truth!
DMPD bring on the NEW$$$$$!!!
Have a prosperous trading day!
The only question I have is do I load up tomorrow OR do I wait until July 01 when we all know for a FACT the STOA deal is dead.
Totally agree... We will know for sure really soon! Thanks for the welcome.
Up we go DMPD.
This dip is just another panic driven selling cycle due to the reverse split numbers.
I believe that the timing of the DMPD merger announcement in indicative of the STOA deal falling through and the reverse split is not an attempt to dilute but a requirement of the merger agreement with IRIS.
Good times ahead for DMPD
4
Welcome aboard Quiver.
Look forward to your participation.
4
Take a look at this post and the DMPD chart!!!
Triple 000 and Sub-penny Chart Plays
I'm the newest moderator on DMPD board... GLTA
Well Quiver, It will definately be interesting, these next few days/weeks. I don't have ability to PM anyone back, just read them.
If I was right about company acquiring $TOA I wasn't talking about IRI$... DMPD has the honors for reverse merger, and no the silver bullet is not 8k.
Also much discussion about IRI$ in the DMPD quarterly report! Definitely not a hard read either.
PM for you...
I've done mine too and fact is no one knows which company, or both, or none will get the deal. I merely pointed out that if you're going by the 8k as being the silver bullet, I don't believe that's the case. After all,
Your post from yesterday: "ST$A aquisition coming in the next couple of days... I believe this will happen in the immediate future based on my DD."
Your right you don't need to file 8k... Both potential companies are non binding LOI though...
DD says $TOA is out, but you can do yours...
Quiver, I like your calculations, but we're not sure what the share price will be pegged at for the R/S. I believe it will be close to at least a dollar, and I am still loading up. IMO
garrox
You don't need to file an 8k for a "non-binding letter of intent" only for a definitive agreement. The 8k dmpd filed specifically says it is a "non-binding letter of intent".
Can't private message, however, you can. Can you private message me your email and I can respond this way. Thanks for the note. Appreciated.
I think the people over $TOA land might be a little misguided... I was there and I started doing loads of DD after my day job.
DMPD is the only company with an SEC filing for the IRIS LOI.
100% is an excellent percentage! I got a feeling that trend will continue with DMPD
this looks very doable to me and is a possibility for the whole company of IRIS to come in the STOA deal for the trash company could be for the funds to move this exactly like his thoughts.
I figure this into holding some of the reverses as I more times then not come out OK and 100% up in all my reverses I held the last two years now.
Interesting...I like the way you think..... DMPD
Calculations after DMPD R/S of 1:188... DMPD will be renamed IRIS on the NYSE!
1.6 mil. / 3.25% : X / 96.75%
96.75 x 1.6mil / 3.25 = 47.6 mil
Therefore 50mil OS out of 400mil AS under the IRIS ticker symbol!
169.4 mil revenues as of March 2013
http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=ICB:MK&dataset=incomeStatement&period=A¤cy=US%20Dollar
I believe that would make EPS $3.38
With any decent multiples for PPS valuation DMPD could be trading on the Nasdaq very soon!
So release the news of reverse merger between DMPD and IRIS and right after the reverse split and you still get a huge return on investment! Quite a bargain at .0011 which is .21 after R/S !
A lot of DD went into this thought process but:
All IMO of course
I feel the fact that the agreement with DMPD was announced after the agreement with stoa at least opens the door to the possibility that the stoa agreement may have fallen through..... IMO
it seems like the STOA board is in panic mode. If there deal with IRIS falls through....IRIS will most likely move all thier assets into DMPD. SCORE!!
Some view it as a negative because they make the assumption that the company is doing it for the purpose of diluting as many companies do. I don't believe that is happening here.
Some view it as a positive and as you stated the valuation is the same and often some investors won't buy penny stock's.
We won't know until news is released whether this will be positive or negative.
I have seen situations where this type of move is a condition of an agreement between the companies involved and usually both are required to keep quiet until things are finalized.
In my personal opinion this will turn out to be a positive but we will have to wait and see.
Patience is needed in this type of situation and many do not have it. In the mean time my intention is to buy up the cheap shares as the weak hands let go of them.
GLTY.
4
why is a rev split so negative? It does not change the valuation. If anything it will attract a larger pool of investors who won't buy sub-penny stocks. Is it just a psychological thing?
180 to 1 r/s hurts shareholders/\ DMPD OTC -- -- 0.0011 -0.0024 -68.57% 0X0 0.0019 0.0011 6,470,000
All that support at 12 sure went away quickly
DMPD OTC 0.0012 0.0015 0.0015 -0.002 -57.14% 1520000X200000 0.0019 0.0012 4,466,000
it is true honesty pays. when this was brought to light a lot of digging started for both dmpd and stoa [has revs]
what mgmt is trust worthy?
Thnx mick...all for one and one for all is only way we all have a chance to survive all the pos-land games so keep on fighting the good fight on always keepin' things real you rock \m/
i give you lot of credit becaue you know valuations of companies and their progress.
it will level out some, whereever investor wants to pay going pps.
it may spike but it is hard to trade with *D* on it.
brokers do on settlement date.
Yep always gotta do real due on these plays...identify the players and who's shufflin' all the paper and what they're ultimate goals/outcomes are to avoid being caught in the proverbial pos-land rat hole games...you know the pos-land game better than most mick glty!
hurts shareholders lots /\leverage buying. when in filing
mgmt of dmpd work from their home [it's in latest filings]
dmpd gets rest of iris if dealings hold up.
i think if iris reads dmpd filing stoa could get whole deal.
stoa is a real company.
iris did verify it is working with two above.
never heard of this but it is in black and white.
lmao there's absolutely nothing to run from here...total and complete disaster with typical pos-land crucifixion on immediate horizon weeeeeeeeeeeeeeeeeeeeeeeeeeee
Down down it goes right mick choo-choo!
Yep nothing a 180 to 1 r/s won't cure...it's movin' alright...down into the same pos-land crap hole all these badly promo'd plays go weeeeeeeeeeeeeeeeeeee
Yep 180 to 1 reverse splits are never a prob lmao!
Won't be a problem.
I know, see these types all over this joint. hilarious!
they never seem to show up after these reverse splits when the stock goes up 200 and as much as 1000% the last couple of years.
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