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And to you, too, Mybad!
I think the only reason this has stalled and sold off is because of the all the people that bought over .015 all the way to .022 reevaluating whether or not they will get a profit off their holdings leading into the shareholder meeting with an RS pretty much guaranteed.
I still haven't received any voting literature in the mail yet. Have you?
GM IMP!
Good to hear that you're sticking with it. Yeah, I get the 'PRE split' idea, BUT, I'd be happier if they were giving EVERY0NE the 10/1 split...
Oh well, we shall see what will be. I'm still in the green, altho I'm not a millionaire yet....lol
Damn, and I was SOOOooo hoping to move south this year!
heh, heh.
GL... to us all!!!
I realized I never answered your main question! No, I am not selling my shares. They may have been wrong with their previous and numerous PRs about filing timely audited financials. That sucks. But today's PR shows they are a growing business in a booming market. This is good.
Even though they are giving themselves shares as incentives and salary, its still pre split shares, and they easily could have given them shares post split. So it's a "we are with you" kind of gesture, imo. Remember that update at the beginning of the year where Hodge states that he and his employees and management have never sold a personally held share and want to bring value to their shareholders?
We shall see. This could work out big, or it could flop and go mediocre. But remember this: even crappy management can sell a great product and make money. Just as the best management can sell a mediocre product and make money. It's one or the other most times. Luckily their product suite sells itself.
Damn. You're not kidding. Guess I should have sold when this went over two cents after all! But, but, but, those financials were coming! They are the first in their history to be audited!
Sigh. This will really tank by the looks of things this coming week. My cost average is .0017/share and I hold 1.1 million shares. Sold 100k to get into another stock at .0125 weeks back. Guess I should have sold half, eh?
The thing is this: will they dilute heavily after the RS when they award themselves the last of the shares available? Or do they have enough money/making enough money from operations to start an uplisting process with the new investor (Patel) on board?
Too many unanswered questions and overall just not worth it for most. I have 2 grand in this. Many have much, much more. It will be them that make that choice, and it will be clear if sidelined investors who didn't want to buy above a cent jump in to take that risk.
GLTU/ALL
GM IMP and J,
Well, the whole CPSZ msg board is in an uproar over that 4 page post of the info for the upcoming meeting... any thoughts?
Are either of you thinking about getting out B4 the meeting? I can't say I'm happy about it.
The PR had stated that shrhldrs would have to be there in person or by 'proxy'....
does that mean that they can hold an impromptu vote on anything they want during that meeting and we won't know till after the fact?
This is confusing me.....
I need coffee....
or maybe I'll just go back to bed! lol
Couldn't agree more. They raised 3 million over 18 months BEFORE they landed even bigger contracts and expanded outside of the jail system into city municipalities. It is a company that is generating income, how much profit is yet to be seen...hopefully there is some, I am not holding my breath, however.
What some investors don't realize for some reason is that this isn't the case of most stocks down here where the insiders need paid and the AS is maxed out, so an RS and AS increase is therefore necessary to keep the research, errr, income stream steady...aka: the selling of shares just to exist...not to get to the point of profitability with a real business.
now all we need is the nervous nellies to get with the program.
I think many investors need to calm down over the R/S. Some cases, it is not the fire-breathing dragon end of a stock. They left wiggle room by not reducing the A/S accordingly, but that doesn't mean they'll use it, just like the A/S now isn't used or they would have had problems trying to do this.
Margaritas all around! But you gotta get yer own wading pool...
once I settle myself down in my dog's pool, there won't be room for anyone else!
Have a great weekend!
MB
Great to hear! I love how 50/50 the board on CPSZ has become. The doom and gloomers of DILUTION after the RS and RS's are always bad! And the investors/traders claiming amazing financials and mergers and new undisclosed major deals and etc. Just absolutely nuts. Potential investors have to be scratching their heads. It really is the only active board discussing the stock for that matter.
ROFLMAO! I found this IHUB post listing 'definitions'.....
STOCK ANALYST -- Idiot who just downgraded your stock.
STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally between themselves.
FINANCIAL PLANNER -- A guy whose phone has been disconnected.
MARKET CORRECTION -- The day after you buy stocks.
CASH FLOW -- The movement your money makes as it disappears down the toilet.
YAHOO -- What you yell after selling it to some poor sucker for $240 per share.
WINDOWS -- What you jump out of when you're the sucker who bought @ $240 per share.
INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
PROFIT -- An archaic word no longer in use.
......TRU DAT!
I think we need this on a T-shirt, don't you?
good, been testing the high all week despite the market and the looming R/S. No vote on this stuff unless they actually offer. But it does seem to help the pps, people don't want to be holding only a few shares when it happens, so prefer to accumulate, my guess anyway. It shook out those who hate R/S as doom and gloom, and those who didn't want to be sitting on a few shares of something.
Wooo Hooo, I'm ridin' it baybee!
GM Imp and J,
It (CPSZ) never did drop to my entry point so I'm just fine here.
I don't know that the r/s is set in stone yet, I think we will know more about what they're thinking at the meeting, so I'm waiting it out.
Besides, doesn't that have to be put to vote? That'll take time.
These last few days in the market have caused me to get a LOT of yard work done...lol.
If things trade flat or down today, I'm considering taking over my dog's wading pool..... just me and a margarita!
GL in the market today!
MB
Good to hear. I hope MyBad is okay...I kind of had a feeling something like this would happen, but chose to ride it out regardless. It will just take more time than expected for proper PPS appreciation now.
He knows. He also knew I didn't put much of my own money in it.
LOL! Aww dammit. Don't ya hate that? Recommendations are always fun times...gotta be up front and clear with the caveat: "You may lose all or part of your total investment".
Had a friend finally get in at 15, missed the first drop being on the road the other day. Told him last night, now that he finally was in, it would drop for sure, LOL.
Probably. I'm betting the auditing firm is just taking a lot more time than the best estimate (1st half of this year) management made. I really don't care how long it takes, I really like their business model and kiosks are a very profitable business to be in. If there is significant news as foretold in the PR, this will really be a winner, and even still in the short term. Sellers today are just the typical penny lot in terms of their reactions.
nope. I figure they have a shot at success as long as they square away their SEC issues. I have to guess financials (unaudited version) would be released the morning of the shareholder meeting
Did you sell? I don't care. Nothing in that PR was a surprise to me save for the outstanding share count. But in that case, they seem to be in private hands and not trading in the float right now. Sucks that the financials won't be coming as promised, though.
lost it on CPSZ. In CPSZ's case, the reverse split would be welcome.
UNGS has obtained a bid and is going up. Man, lucky year here so far.
Saw that. And thanks!
GLTY on that. CPSZ EOD'd at 2 cents.
Total gamble for me here. Bought 12.1 million shares of UNGS. Supposed share buyback, first producing well brought on line at 5BPD, and supposedly more news coming.
The bad? No BID. Who knows what will happen, but its all fun and games for the price I paid.
Lots seem to like Fannie Mae these days.
HAH!
Not this one. Belviq just tells your brain you're full.
and all make you squirt oily farts, LOL?
Sold VMKL for a minor gain today, didn't like the fluff news..expected fluffier, LOL...
jumped into FNMA @2.70 for the bounce. So far so good.
ARNA is popping today going into their final stretch of their June 6th official sales date for Belviq, their flagship obesity pill. And so are the rest of them: VVUS with their crappy pill and OREX with their product years out.
Lucky me. VKML is moving today on no news.
good luck. Seen them promo'd a few times. guess they hadn't made enough money off the previous ones.
Grabbed 62k shares of VKML on suspected promo campaign. Will see how this dice roll works out.
will do, Dreamie, though don't need to see what Val has said, unless I want a giggle. Reminds me too much of another stock and it's management.
NP.... I actually don't know anything about this board, I just looked for your latest post to reply too.
I have cpsz on my watchlist, haven't jumped in yet
As for OTOW, I have exchanged many emails with Val and shared them via email to a few. If you want them then shoot me an email. Everything that comes out of his mouth is dripping with lies....
Anywho.....keep in touch..
-Dream
or here is fine, Dreamie. Welcome to Syn City, not stock specific here. Can say OTOW reeks and CPSZ should be able to make up for those losses, we hope. I saw you went free member. Anyway, CPSZ has been top subject here lately. And I hate Gmail, LOL. Windows 8 automatically goes to GMAIL when I try to contact website contacts, don't know my way around GMAIL much. Very frustrating just trying to make the e-mail go to multiple people.
Hey bud, got your PM, I don't have PM anymore but you can email me at dreamaker56@gmail.com with the likes of what was stated in your PM.
Thanks!
OKEY, DOKEY. Was curious.
it was because of the bs,the only s I'll tolerate is in pos lol
Lots of selling in CPSZ-land today. Oh well, can't always go up forever.
I don't listen to them personally. But newcomers to the stock and message board will. You'll find them on every board unfortunately.
And yes....good designs. Didn't know you'd be going into the t-shirt and assorted apparel business in lieu of cpsz! Good work and how many sales do you have now?
IMP! sold 2 shirts, made 4.20...ROFL!
Never intended to make a 'business' outta this, doing stuff like this just feeds my creative needs. I have trouble sitting and doing nothing, so... I keep busy with little stuff like this.
OMG! You actually listen to them?!?! Too funny, after the 'heads-up' on this stock that I got from you and Johnsyn, I did enuff DD on it to make me happy, then I bought in with full confidence, those other dweebs are not gonna shake me one bit!
I'll hold as long as I want to hold, I'll sell when I'm damn good and ready, and I'll not base that decision on silly rumors.
Hey BTW, you don't have to buy one, but how do you like the T-shirt designs?
yes, yes, im not full on negative here...just cautious. i always get scared when people start claiming naked shorting, mm manipulation, and have lofty near term price targets. ive no doubt we will see more pps appreciation, but curbing some enthusiasm is definitely necessary.
Unfortunately I've also heard that too. And sometimes it happens, and sometimes it just keeps tanking. We really need a game changing PR or financials at this point. The larger market just can't trust them until that happens. And believe me, I believe in this company's growth and market.
IMP! (conserving posts here!) Well, personally I'm just not gonna worry about it, we are both in the green here, the financials were promised and I think we will see them, because the company has obviously been making money and I think they may be at a point in their growth to actually be able to afford paying for those fins to be compiled and filed.
Hey, be patient, you picked a good one here!
LOL, if that happened, I would probably be buying more
Problem is: walk downs only make sense when its a decent amount of volume (millions of shares in this case). This is just regular selling at this point. It hit .017 like it hit .017 last time, on negligible volume. I don't know, but I'm really just wanting the financials at this point. These PRs are great, and they really are great, but I feel they are being wasted.
If just one large holder of a few million shares wanted to sell, we'd be at the low .01s or lower. That's the only thing on my mind right now. Just been in situations like this before where an entire board is on pins and needles and then a little selling turns into a lot of selling, and, well, you get the picture.
I'd like to think this one is different, however.
Well it's getting walked down a bit on this low volume, let's see what happens after lunch. It already hit .017 today, it would be nice to see it go back up and maybe close there...or higher!
Hoping we get some volume. Looking like investors are on the sidelines more than ever these past couple of weeks.
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Q & A Q:In the oil drilling industry there is a term called "spudding." What is it and how does it work? A: To spud comes from the Middle English word, "spudde" meaning a short knife. In oil drilling "spudding" means the very start of drilling on a new well. spud v: 1. to begin drilling a well; such as, to spud in. 2. to force a wireline tool or tubing down the hole by using a reciprocating motion. spud in v: to begin drilling; to start the hole. spud mud n: the fluid used when drilling starts at the surface, often a thick bentonite-lime slurry. Spud Contractor Name: The name of the contractor spudding the well. Spud Date: The day when the drilling bit penetrates the surface utilizing a drilling rig capable of drilling the well to the authorized total depth. Spud Time: The actual time (hours and minutes) when the drilling bit penetrates the surface utilizing a drilling rig capable of drilling the well to the authorized depth. Spudding In: The very beginning of drilling operations of a new well. ~~~~~~~~~~~~~~~~~~~~~~~~ For a more extensive list of Oil & Gas Drilling Terms in alphabetical order, CLICK HERE ~~~~~~~~~~~~~~~~~~~~~~~~~ Vertical & Horizontal Frac Animation - CLICK HERE Construction of Peridido Oil Platform (Rig) - CLICK HERE~~~~~~~~~~~~~~~~~~~~~~~~~ The What, Where, and How of Shale Gas - CLICK HERE MISCELLANEOUS LINKS: Stockalyzing (Stock learning) Upcoming Stock Splits DIVIDENDS LINKS: http://www.dividendchannel.com/monthly-dividend/ http://www.dividend.com/dividend-education/ ~~~~~~~~~~~~~~~~~~~~~~~ | Glossary Bbl: Barrel Bbls: Barrels MMBbls: Million Barrels Bpd: Barrel per day Mbpd: Thousand barrels per day Bopd: Barrels of oil per day Mbopd: Thousand barrels of oil per day Bcf: Billion cubic feet Bcfe: Billion cubic feet equivalent Bcfpd: Billion cubic feet per day BOE: Barrel oil equivalent Boepd: Barrels of oil equivalent per day MMBTU: Million British thermal units MMBTUpd: Million British thermal units per day BTU: British thermal units BTUpcf: British thermal units per cubic foot MMBoe: Million Barrels of oil equivalent LPG: Liquified Petroleum Gas Mcf: Thousand cubic feet MMcfepd: Million cubic feet equivalent per day MMcfpd: Million cubic feet per day Tcf: Trillion cubic feet Tcfe: Trillion cubic feet equivalent GAL: Gallon MMGal: Million Gallons Kwh: Kilowatt hour MW: Megawatt One barrel of oil: equivalent to 6 Mcf of natural gas ~~~~~~~~~~~~~~~~~~~~~ OTC 101 Investor FAQ's CLICK HERE |
:-O surprise
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