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Yep, basically.
I guess what I am asking is what will have to happen to make the shares be worth more than .01? Will it take a lot of buying and no selling? A PR campaign?
At this point, it's a pure gamble. just like putting your money on the craps table.
That is a great question, but I can't answer it as I am not a STS shareholder, I am a CMBV shareholder back from the egyptian days... I want to get some value and get out.. truth be known..
Okay. If on any given day a couple of hundred thousand shares are traded and all it does is bring it to .01 and never above that, what would it take to make this stock actually begin to climb value-wise? What kind of trading or news?
Good point... they could just be naive scammers...
If this is a scam, they are doing a pi$$ poor job of it IMO.
it was sarcasm to rabbit... I would like to see a PR from this company that actually has some meat...
Press Release
This one will take time without pr's. At least they are not diluting, which is amazing. At least for now. See what their next quarter revenues are, that will tell us a bit.
Okay..and POS means what? You see no future for this company?
Might have to chuck this one, this one has been the most disappointing POS for me. Pinks are for gambling. You win some and you lose some.
Okay..so how do you see STSM? It hasn't gone over .01 in quite a while. What will have to happen to make it get out of that rut and make the stock price start to grow. When does a pink sheet stock become a valid stock?
Pinkie is a company listed on the Pink sheets. Here is the Hierarchy of exchanges: 1) NYSE 2) NASDAQ 3) AMEX 4) OTCBB 5) OTC (Pink Sheet) Pink sheets are not required to disclose any type of financial information and therefore are the riskiest stocks to trade. 99% of pink sheets are junk and only meant for gambling and quick trades.
Nice fill man! You never know in pinkie land. On this I'm down 1K LOL,
Okay..I am totally new at this. What exactly is a "pinkie"? How does a company go from being a "pinkie" ()since it apparently means that it is something less than a regular trading stock) to a standard trading stock company?
I can't believe I am admitting this, but I got a small amount at .006 yesterday. This one will just go nowhere without pr's, pinkies never do. I still like the business model, but, it's still a pinkie. Keep us informed and thanks!
rabbit, No info yet. I emailed him about a month ago about the new website and he said he was very busy. I'll try and call him again to see what's going on. I added some in the .008's, I don't know what's going on, only time will tell.
Glass, any info? You would think they would have taken the time to update their website by now. So important and easy to do, Sym has no excuse not to have that done by now. You would think they would have some sales by now.
Yes, he was kidding. Call their number and talk to them, but don't ask any tough questions if you want answers. At least they have been filing financials. Mods, call STSM!
STS Evermedia..it is still a company correct?
Is anyone aware of anything new on this company?
Yes, there was some great volume hitting the ask today. UBSS upticked to .015 for a 'lil bit. Might be the beginning of a reversal, fingers crossed!
Let's hope so. I think this one can run. It was cut down from 2 dollars to 1 penny. Someone is accumulating here at a penny and has been for some time. I would love to see the new website up sometime, the sooner the better. We'll see if the CEO can walk the walk! Any announcement of government contracts and this runs hard.
This will be like an LNGT. Up and down until we see contracts. This is still a new frontier and it's going to take a bit to move the demand. Like the government conections. Should put us at the front of the line.
Who knows about this one. I have watched it every day and UBSS is the only MM driving this one down. It very well could be a scam. When I talked to the CEO, Jon Sym, he seemed very honest and enthusiastic. But, I don't trust anybody, especially a Pinky CEO. Remember, all Pinkies are for gambling only. Sym has returned several of my e-mails regarding the new website. He says he has been 'extremely busy' and he is the only one who can proof the new website. In my first conversation, he said he needed to raise about $1,000,000, so he was visiting alot of East coast hedge funds. He rejected their terms, or so he says. The reason there are no PR's, according to Sym, is that he will not pay with stock to IR firms. I have been trying to average down, when UBSS was at .007. He's now at .01. All I can do is wait. I am down under 50% with this one, but I understand the pinks. UBSS is the man right now. No other market maker, aside from EFGI, went under .015 I believe. Any newbies thinking about this one, wait until further confirmation!!!
Glass, the reason this took a nosedive was the fact they listed their O/S at 146,000 shares when it was actually in the tens of millions (89m). The fact that their first financial statements on Pinksheets.com was not accessible didn't help either (it still does not work when you try to open it). Lastly, only one thing drives up a pinky and thats pr's. Lack of information is the first sign of a pinky scam, which is why I backed away from this one. I suspect they will have legal problems in the near future due to my first point.
Here's an old press release from June 7th that didn't get put in the ibox. Tells good details of the companies objectives.
http://biz.yahoo.com/iw/070607/0263087.html
LOL! 100 @ .07!
Whoa! Thats impressive.
Something might be brewing here, volume coming in, ask up to .07??
I also watch this stock daily. Not much volume to speak of, but the bid is at .02 now. Seems to be a strong bid, 'cuz they are there soaking up shares with any whacks. We'll just have to see how things pan out. Good luck!
Thanks GlassCrasher.. I still watch it daily..
Glty and enjoy your evening...
If he speaks the truth he sounds like finally a good Ceo in pinky land.. A definite rarity here..
Enjoy your evening...
Thx, Glass....most encouraging. Still hold a few, but maybe I won't write them off just yet. ;)
CEO Jonathan Sym returned my call.
We talked for at least 30 minutes. Here are some key points of our conversation:
-He has no affiliation with Patrick Downs. He doesn't even know who he is or how the rumor got started. He said he received numerous amounts of calls and e-mails regarding this issue. So let's put that rumor to rest!
-There are 3 offices for STS-Evermedia: Main office is in Pittsburgh. This is where the research and development takes place. He invited me or anyone who wishes, to visit this location and see for themselves, the products they are developing. Other office is in Texas and Boston. The Boston office is purely administrative and has about 3 employees only.
-He has been out of town, the reason he hasn't responded to the e-mails or telephone calls. He has been visting "Every Hedge Fund and Venture Capital Fund" discussing his company and products, trying to raise capital. He told me they were interested, however they would only offer to financially back him via Convertible Debentures, at ridiculous terms. Mr. Sym refused this and he was adamant about it. He does not want any part of this Toxic Financing.
I was extremely happy to hear this! Very rare for a pink sheet CEO to adopt this philosophy!!
-He doesn't know what happened to the plummet in Stock price. I asked if he was selling and he is not. His shares are restricted for 2 years. Also, most of the shares were bought by family and friends, in the Boston area he says, and those shares are also restricted.
-He personally reached an agreement with the Korean holders of the patent and purchased the rights from them himself. He believes their technology for the Iris Recognition is superior to Iridian's (The major player in this field). He stated that Iridian's technology is 20 years old and outdated. Also, STS-Evermedia is 1 of only 2 companies to have their own patent rights.
-There will be no Press releases. This is being purposely done. He doesn't want to issue any compensatory shares to IR/PR firms. Wants no part of "any pump and dump".
Any information will be released via the website. A new website has been completed and being proofed right now; it is expected to be up in 2-3 weeks. The old/present website was just "thrown together" quickly. Remember they have only been public since February and in business for 2 years total.
One thing he emphasized was his affiliation with the Department of Defense. He told me he has Top Secret Clearance with the DOD. This was some nice news! Also, he stressed the importance of being part of the Service Disabled Veteran Owned small business. A certain percentage of government contracts must be awarded to this classification of companies.
It was a pleasure talking with Mr. Sym! He was very enthusiastic about his company. I couldn't believe when he started talking about visiting Hedge Funds on the East Coast and rejecting Toxic Financing, definitely a breath of fresh air.
I urge anyone thinking about opening a position to call or write to him:
Phone: 617-878-2002
Fax: 617-371-2950
E-mail: info@stsevermedia.com
Nope not in and nothing new... I am a non-believer at the moment!
are u still in STSM tikigal? Anything new? tia :)
HOTSTOCKMARKET postings say news coming soon .. expecting this stock to go up .. something about possible contracts
Actually, I have very few shares myself....just a lotto play for me at this point.
I can tell that you do !!! .. you must have a bunch of shares .. maybe I'll be joining you in ownership soon !!!!
Yes, we all have our own little agendas don't we?
Dont get me wrong .. I dont own it yet but looking serious at at buying .. looks like,.. if its a real company .. it could have potential .. but i dont see any news about it .. nothing .. other than message boards.. and most on message boards have their own agenda's
second post ever, LOL
Where did you see that? Produce a link, or all will know what your all about.
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stervc post regarding STS and Evermedia assets:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42490544
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