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They coulda been a contender https://www.cnn.com/cnn-underscored/reviews/lifestraw-go-filtered-water-bottle
Alternative Liquidity is doing a tender offer for SYEV shares:
https://alternativeliquidity.net/wp-content/uploads/2022/12/SYEV-Extension-Binder-Final.pdf
This company is dead. Shame, with Ukrainian reactor about to blow, you would think this company could help.
Authorized Shares 50,000,000 Outstanding Shares
26,574,313
SYEV .195, a start.
made new 52wk high
Day's Range 0.1045 - 0.1400
52 Week Range 0.0400 - 0.1400
SYEV .14 with vol>?
SYEV .13 Looking for news.
SYEV then to .o9, but just now .12 Cmon stay focused I am thirsty.
SYEV .12 (up 71%),holy molecule it did it again, hope it was not the ugly duckling just getting attention?
Matt Damon: 'Heavy hitters' should invest in water
Max Zahn with Andy Serwer
Mon, March 22, 2021, 8:18 AM
United Nations General Assembly President Volkan Bozkir said last week that the lack of safe drinking water for 2.2 billion people worldwide is a "moral failure," in a stark warning days before World Water Day on Monday.
In a new interview, Oscar-winning actor and water equity philanthropist Matt Damon said the solution requires a wave of private sector investment to scale up the model of micro-finance, which has already delivered both water access for tens of millions and reliable returns for investors.
He called on major investors to help put an end to the water crisis before climate change makes the task even more difficult.
"All we're trying to do is get the attention of the heavy hitters to come into this space," says Damon, who co-founded the nonprofit organization Water.org in 2009. "There is so much low-hanging fruit here — and this model really, really works."
Water.org has disbursed 7.2 million loans totaling $2.6 billion, which have improved water access for 33 million people, according to its website.
'The problem contains its own solution'
Since 2002, worldwide micro-finance has grown dramatically. That year, 68 million borrowers benefitted from such loans; in 2013 that figure had risen to 211 million, according to a report released in 2015 by the Microcredit Summit Campaign.
Gary White, the CEO and co-founder of Water.org, pointed to the example of a Kenyan farmer named Alice who was paying $60 per month to a water vendor in order to nourish her crops. Instead, she took out a $20 per month loan from a Water.org partner, which will allow her to build a water tank in a well.
"Now she can pocket $40 a month and if you look at that multiplied by millions, this actually becomes an investment opportunity," says White, who noted that the rate of repayment on such loans is 99%. "If we can connect the capital markets to people like Alice, they still get immense value."
"In many ways, this problem contains its own solution if we can draw in the finance," he adds
https://finance.yahoo.com/news/matt-damon-heavy-hitters-should-invest-in-water-151805319.html
What’s going on here? Continued improved price action.
Authorized Shares 50,000,000 Outstanding Shares
26,574,313
Yes, thinking the same.
Why do you say that?
it was self-serving at best and absolutely unnecessary to go 100% dark.....
and before motivation is known,i got the chance to add my position in glgi,and betting it would outperform syev in a matter of 2 quarters,using target price of 10c for an unlikely case of buyout of syev.
I'm not surprised! It took me more than 10 call attempts until she got back to me and assured there will be no communications whatsoever going forward
Cari did a form 15 on me.....
absolutely no communication,thus i am out and liquidating my stock.
here is my guess......
because of the litigation,take it private.
Taking the company private or selling off? I know Carl Palmer (former CEO) and James Place (former COO). They aren’t saying anything.
called between 9:30am - 10:30am and left message for Cari to call me back.......
asked "is it true no report and no communication,100% dark,going forward??"
going dark nuance.......
There are several levels of dark. When companies deregister from the SEC they move onto the OTC Markets group of exchanges. Some continue to file all the normal SEC reports. Some file only annuals. Some file through the official OTC Markets channel while some post reports on their own website or just mail a paper copy to shareholders. Some make all the reports and just give them out when asked. Some require proof of stock ownership and signing of a non-disclosure agreement. Some go completely dark and share absolutely no information. Some still pay for an audit while others don't.
http://www.nonamestocks.com/p/dark-companies.html
left message on her voice mail.......
hope to hear back from her soon.will do.
I talked to her, she confirmed going fully dark. Please mention if you hear anything different from her
contacting Cari Beck........
for confirmation;and for those who are concerned,her number is (949)-234-1999.
I talked to the company and they are going fully dark, no 10Q, no 10k,...
there are different levels of darkness.........
i am betting on release of an abridged quarterly unaudited report similar to those given by
1. nmxs
2. cmpd
if 100% dark,like txhg,i am out.
ps-current pending litigation may be the driver of going dark,thus reducing the chance of self-incrimination.
Just curious, will you still hold shares knowing they will go dark? I mean, where will be the incentive to move the price up if there will be no communication with the public going forward? I totally agree that it's super cheap though
best for the last.....
10k:
"As of February 29, 2020 and February 28, 2019, we had a backlog of approximately $775,000 and $240,000, respectively, in unshipped orders."
or
we have a high probability topline of $1.0 million next q,taking out the $25K accounting expense,eps should be about 1/2c+ or pe=4-.Cost of sale of 55%(gross margin of 45%,2019 historic average) is used for this calculation.
wild card:
"Cost of sales and gross profit percentage. As a percentage of sales, the gross profit margin during the fiscal year ended February 29, 2020 decreased to 45% from 48% due to product mix and timing of significant sales. The Company believes that the average gross margin percentages overall can decrease to a range around approximately 40% in the foreseeable future."
Thank you, appreciate the feedback
I also saw it in the 10K.....
"Audit fees. The audit fees in fiscal 2020 and 2019 $75,000 and $69,900, respectively, related to the audit of our consolidated financial statements, and quarterly reviews."
or
between audit fee and accounting fee,it is most likely be above $100k+,almost 1/2c eps per year.
Sorry I saw the form, my question should have asked about the $ impacts. I didn't know if they spelled out the $75k you mentioned, I didn't see anything in the 10k either
pick up few shares...........
it is chieeeeep.
why??
cash $2.322 million
a/r $0.266
or
10c per share based on 26.2 million shares.WOOOOWWWWW.
my friend....
the information(form 15-12g) you need is looking at you,headline news that is right in front of your eyes.
Been following this company for many years, was hoping for a turnaround here. Where did you see the intent of going dark?
going dark....
in order to save $75k. I rather see no consultant fee of $125k+ for Carl too.A combined fees of $200K+ saved for 2021 would be wonderful.
volume up to 300k+......
price down to 6c.Woooowwwww.Cheeeeeeeeeiiiip.
With global fear and water storages, they should be doing a mega Facebook campaign to sell water bottles to not fight the crowds at stores. TP and water are sold out. Good thing i still have my bottle with extra filters.
Ask@8c is down to 47,954 shares.........
chieeeeepppppppp.
150k shares droped from @10c to @8c......
almost 50% got taken out @8c.Chiieeppp or Wooowww?
Seychelle Reports Operations Summary for the Fiscal Quarter and Nine Months Ended November 30, 2019
Press Release | 01/14/2020
Seychelle Water Filtration Products, a DBA of Seychelle Environmental Technologies, Inc. (Seychelle, we, us, our or the Company) (OTCQB: SYEV), a worldwide leader in the development, assembly and sale of proprietary portable water filtration bottles, made several announcements today.
For the Fiscal Quarter ended November 30, 2019, Revenue was $816,001, compared to $609,444 in the prior year’s fiscal quarter. Seychelle had net profit of $10,418 for the fiscal quarter ended November 30, 2019, or ($.00) per share, compared to prior year's fiscal quarter Net loss of $128,256, or $.00 per share.
For the Nine Months ended November 30, 2019, Revenue was $2,287,343 compared to $2,479,023 in the prior year’s nine month period. Seychelle had Net loss of $67,434 for the nine month ended November 30, 2019, or ($.00) per share, compared to prior year's six months’ Net loss of $163,087, or ($.01) per share.
Seychelle is planning an aggressive product marketing program to explain the problems, needs, solutions and benefits of our filtration technology as used with our entire line of products. These products all have the ability to remove contaminants at point-of-use.
A significant part of our marketing program going forward will be to educate the public regarding a prominent contaminant called PFAS. This is a toxic Teflon chemical found in non-stick pans, cleaning products, paints, firefighting foam and many other products. Using 2016 data collected by federal scientists, the Environmental Working Group (EWG), an advocacy group based in Washington DC, estimates that up to 110 million people are served by water supplies contaminated with PFAS.
Seychelle has a completed line of products tested proven to remove this contaminant. Our mission will be to alert the public to the significant contamination and the direct effect on human health of PFAS.
"Dedicated to improving the quality of life through the quality of our drinking water”.
Note to Investors
This press release may contain certain forward-looking information about the Seychelle's business prospects/projections. These are based upon good-faith current expectations of Seychelle's management. Seychelle makes no representation or warranty as to the attainability of such assumptions/projections. Investors are expected to conduct their own investigation with regard to Seychelle. Seychelle assumes no obligation to update the information in this press release. For more information, please visit www.seychelle.com or call (949) 234-1999.
My write-up on SYEV can be found here;
https://www.elementaryvalue.com/investing-blog/seychelle-environmental-technologies-inc-syev-tiny-cheap-illiquid-and-hairy