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TLAG showed some EOD strength today... float suspected of being around 100M and trades like it. Look for it to reach new highs early next week.
SOLU... 500M a/s with only 92M float. Problem here is not enough shares available at any given price for even a modest buy in. Currently at .0026.
MMTC - Grab shares in the 20's and play the bounce!!
yeah your probably right, could be a dilution fest.
SLLN paid promo, no way would I go near it. Look at all the paid posters this weekend out of nowhere. Check the chart ist has been in a steady decline as the volume has risen. Run for the hills! JMO.
SLLN .0014 - Pumped over weekend should run monday.
VSHC .0041 and TLAG .0010 - Big things coming here!
SAVW - Big Multi Day Runner here at .006
IKTO BOUNC'IN NOW AT .0007 AND
IT'S ONLY 0800!!! GET IN ON THIS
AND YOU WILL NOT BE DISAPPOINTED!!!
IKTO GREASI'N THROUGH!!!!
News out on MWWC!
MWW Automotive Group Reports Q2 FY 2011 Financial Results
Improved Operating Results - Increase in Net Income
HOWELL, Mich., May 17, 2011 /PRNewswire via COMTEX/ -- MWW Automotive Group (OTCBB: MWWC), a global design, engineering, and manufacturing firm serving some of the world's leading automotive manufacturers, announced today its financial results for the second quarter of fiscal 2011 ended March 31, 2011.
Net revenues were approximately $265,000 for the quarter ended March 31, 2011. The decrease is based on the impact of the unusually long-lasting complications in the general financial and automotive markets during the past twelve months, magnified by the recall and subsequent sales difficulties of Toyota, our largest customer, during the last twelve months. In addition, we are currently still processing the impact of the nuclear catastrophe in Japan, which has caused delays in the delivery of cars and crucial electronic and other parts for nearly all foreign and domestic manufacturers.
MWW has been preparing for this impact and accordingly, has streamlined its operations, reduced cost wherever possible without sacrificing production output and quality. The company has widened his market approach, won over new domestic automotive clients and recently has also entered into a new, large industrial project with a large European manufacturer. In addition, MWW is currently in the design phase of new spoilers and body-side moldings for the new vehicle models by several foreign and domestic manufacturers, expected to be launched this summer. The Company has been quoting on numerous paint projects for large domestic and foreign automotive and industrial manufacturers, and is working on new Toyota programs for the 2011 and 2012 programs that are expected to provide significant new revenue growth.
As announced earlier, the Company has currently quoted new business for about $19 Million in potential revenue and has already been awarded several new projects from domestic manufacturers, production of which is slated to begin in the 3rd and 4th quarter of 2011.
Based on the cost down exercises that have been implemented, selling, general, and administrative expenses were $675,033, compared to $1,208,890 during the quarter ended March 31, 2010. The Company has reduced cash required for operations by significantly reducing operating costs, streamlining its production and assembly process and reducing staff levels. In addition, the Company is successfully managing its current liabilities, while it continues to make changes in operations to improve cash flow and liquidity and pursue additional advantageous financing opportunities. At March 31, 2011, the derivative liability fair value, net with additions, decreased to $1,053,152 resulting in non-cash income in the current period of $605,866. Net loss decreased by $1,420,550 to a loss of ($762,464) from a loss of ($2,183,014). The improvement was primarily attributed to the gain on the change of fair value of the derivative liability during the six months ended March 31, 2011 and reduced operating expenses as compared to a loss of $44,195 for the same period last year.
Despite this temporary decrease in revenues, MWW's new management team has made significant progress on the Company's path of recovery, including the elimination of low gross margin products and the re-focus on high-margin, leading-edge products, including those offered by its "Class A" painting facility.
Milestones
Reduced liabilities by $1 million
Reduced SG & A by 50 %
Reduced loss from operations in 2011 for both the 3 months and 6 months period compared to 2010, despite lower revenues during 2011.
Reduced inventory to reflect current sales patterns and reduce capital requirements
Reduced line of credit and notes payable by $700,000.
Expanded into the industrial manufacturing sector.
Received largest number of Requests for Quotes (RFQs) in the Company's history.
As of now, the Company has commenced production of several new programs with automakers such as Chevrolet, Nissan, and Ford and several Tier1 manufacturers at its Class A painting facility. The company is currently in the final stage of the approval process for a large industrial project with one of the largest global manufacturers of industrial equipment. While the company is still expecting some impact from the delays caused by the Japanese disaster, the full positive impact of these new programs is expected to be reported in the third and fourth quarter financials ending June 30, 2011 and September 30, 2011. Subsequent increased sales levels are expected during 2012 and 2013, based on ongoing production and additionally the currently building pent up demand.
"Recently there have been several tragic global events out of our control that have unexpectedly and negatively impacted our revenue development," stated Chuck Pinkerton, CEO of MWW. "Based on our capability to adjust resources and production capacity dynamically, we have been able to react quickly with the necessary changes that allowed us to make the best out of a globally difficult situation. Once it became evident that the disaster in Japan would have a major effect on global parts and product supply, MWW immediately purchased a 180 day supply of all necessary products to assure our clients of an uninterrupted supply of MWW products, while the overall industry righted itself. Although the automotive industry remains and will continue to be our core competency, our marketplace and customer diversification program is currently aggressively moving MWW into the Agricultural, Commercial and Industrial Marketplaces.
We feel confident that with the actions that have been implemented by us and the timely commencement of our new projects, MWW will soon return to increasing revenue and profitability and will succeed in our efforts to significantly enhance shareholder value throughout 2011 and beyond. Our entire team is dedicated to meeting this goal." Please review the complete 10Q report at http://sec.gov
About MWW Automotive Group
Headquartered in Howell, Michigan, with a "Class A" painting facilities in Baroda, Michigan, MWW Automotive Group (OTCBB: MWWC) delivers its products, designs and Class A painting services directly to select global automobile manufacturers' vehicle processing centers (VPC), distribution centers and/or assembly lines in the United States, Canada and Europe. The VPC's technical teams install the MWW designed and manufactured products in a variety of vehicle types that are channeled through them by the automobile manufacturer for distribution, and delivery of the accessorized automobiles into the dealer channels in their respective countries. The company's mission is to fully utilize its combined design and manufacturing resources to consistently provide the most innovative, leading edge and high quality automotive and industrial accessories for an increasingly demanding and dynamically changing global market. Noted for its adherence to the highest quality requirements, MWW products are designed and manufactured to meet and exceed customers' expectations and requirements. MWW provides substantial added value to the sale of vehicles for leading international automobile manufacturers such as Toyota, BMW, Hyundai, Kia Motors, GM and Ford. For more information please visit www.mwwautomotive.com , e-mail investorrelations@mwwautomotive.com or visit http://sec.gov for complete company filings.
Safe Harbor Statement: Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings."
SOURCE MWW Automotive Group
http://www.otcmarkets.com/stock/MWWC/news
MWWC .02's gone .025 up.
Board Marked, Followers seem true and not the old P&D peeps.
IKTO about to break loose. GLTA
IKTO....HUGE BOUNCE ON ITS WAY
2011 RECAP FOR ITOKK, INC
February 11, 2011
ITOKK TRADED AT .01
February 14, 2011
ITOKK, INC. ANNOUNCES THE APPOINTMENT OF ITS FIRST CHEIF FINANICAL OFFICER
February 17, 2011
RECEIVED FIRST EMAIL FROM KEVIN PENSTOCK
Mr. XXXX,
Thank you for the email requesting information. I would be happy to speak with you in person by phone. Please provide a number where we can call you.
Best Regards,
Kevin Penstock
Kevin Penstock, CEO
iTokk Web to Voice apps
iTokk Inc. (PINK:IKTO)
Suite 200 - 375 Water Street
Vancouver, BC V6B 5C6
Email: kpenstock@itokk.com
Mobile: 604.603.2012
March 8, 2011
RECEIVED 2ND EMAIL FROM KEVIN PENSTOCK
Dear XXXX,
We are working on a shareholders update to be released mid month. The outlook is positive and the company is working on definitive plans to move forward.
Regards,
Kevin Penstock
Sent from my BlackBerry device on the Rogers Wireless Network
IKTO .0004, w/only 2K to .0005
should start taking off!! CHECK IT OUT!!
Person Mark me and tell em Fione
turned me on to IKTO
Pure Dynamite!!!
MWWC update. Virtually no selling below .02 for a week now. The 10q will be out next week and news of new fortune 500 contracts any day now. Check out the two fortune 500 customers below (in red) on a recent PR, these two customers haven't been officially released so this news is not yet reflected in the share price IMO.
MWW Expands Sales in the Industrial Sector
HOWELL, Mich., March 31, 2011 /PRNewswire via COMTEX/ -- MWW Automotive Group (OTCQB: MWWC), a global design, engineering, and manufacturing firm for automotive accessories and industrial equipment serving some of the world's leading automotive manufacturers, today announced that is expanding its market reach into the industrial manufacturing industry.
MWW is currently in negotiations with and has submitted RFQs (Request for Quotes) to several Fortune 500 corporations servicing the industrial, commercial and agricultural marketplaces. MWW's RFQs are not only for its world class painting and coating services, but also for full scale fulfillment and inventory management programs utilizing the Company's 45,000 square foot painting and assembly facility.
"Besides continuing to expand and streamline MWW's established automotive business and adding new foreign and domestic partners to our client roster, we have been aggressively pursuing the expansion of our core business, Class A painting, into the industrial manufacturing industry," said Chuck Pinkerton, CEO of MWW. "Utilizing our already existing infrastructure, expertise and production capability, the expansion of our programs into the industrial market segment is the next logical step to fully take advantage of our existing production capacity and diversifying our customer base."
"Based on our track record in the automotive industry, we have been contacted by several major US industrial companies and have been quoting a number of large projects for this market segment. Our experience in the automotive industry, its high quality requirements and the need for 'just-in-time' inventory and delivery logistics makes us an ideal partner for the changing production needs of the industrial market segment. These new, high margin projects will have a strong positive impact on our revenues beginning in late 2011 and for years to come," concluded Pinkerton.
About MWW Automotive Group
Headquartered in Howell, Michigan, with a "Class A" painting/assembly facilities in Baroda, Michigan, MWW Automotive Group (OTCQB: MWWC) delivers its in-house designed accessory products and Class A painting and assembly services directly to major global automobile and/or their Vehicle Processing Centers (VPC) and assembly lines in the United States, Canada and Europe. The manufacturers and the VPCs install the MWW products in a variety of vehicle types that are delivered to them directly by the domestic and foreign automobile manufacturers for distribution and delivery into the dealer channels in North America. MWW's industrial products are delivered directly to the manufacturers for installation in their facilities. Noted for its adherence to the highest quality requirements and its advanced logistics capabilities, MWW products meet and exceed customers' expectations and requirements. MWW provides substantial added value to the sale of vehicles and industrial products for leading international automobile and industrial manufacturers such as Toyota, BMW, Hyundai, Kia Motors, GM, Ford, Deere and Whirlpool. For more information please visit www.mwwautomotive.com or e-mail investorrelations@mwwautomotive.com.
Safe Harbor Statement: Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings."
SOURCE MWW Automotive Group
Keep an eye on MWWC guys. Two cents is a bargain! Market cap is $700k on a company that brought in $3.4 mil last year with management projecting strong growth over the next several years.
Fully reporting.
Lots of news on the way with more fortune 500 contracts.
Will be featured at the Las Vegas Money Show starting tomorrow.
O/S 42mil
Float around 21mil
UNDT ON THE RADAR!! WENT UP 44%
Now at .0013 (as of 4/19/11) Bullish
Trend indicated!!! WOW!! GET IN ON
THE RIDE UP$$
UNDT trending north again!!
as of 4/7/11 .0011 Keep an eye
on this one!!
SOCU update for Team Veritas week ending 3/04/11
Here is our chart for the last trading session of the week. I have broken down some interesting points on the chart. I have also posted below a snap shot of the L2 after the trading session has closed.
Again using data from the previous DD I've provided, I believe that currently with just the Kentucky property alone, SOCU is VERY undervalued currently.
With an O/S of 972,529,454 shares... we will break the math down on the value of just this property alone.
Using the conservative data of the three wells producing 50 barrels a day, the annual amount of revenue came to ~$5,864,040.00 a year.
$5,864,040.00 / 972,529,454 = ~0.00602 / per share.
Using the more modest numbers of 150 barrels a day, the annual amount of revenue came to $17,592,120 a year.
$17,592,120 / 972,529,454 = ~0.01808 / per share.
Using the highest value range of 500 barrels a day, the annual amount of revenue came to $58,640,400 a year.
$58,640,400 / 972,529,454 = ~0.06029 / per share.
Again this is for one property alone and this is not considering the fair market valuation technique which could easily put this higher.
Just an idea of the things to come...
HHGI-(0.0005) BreakOut Alert! Chart shaping up nicely for another Run into the .00's! $P$
Team Veritas Take a look at $HNSS, PR out:
http://ih.advfn.com/p.php?pid=nmona&article=46290458&symbol=HNSS
also take a look at their past PR's, NO fluff seems CEO is all about the business. Firmly sticking to his plans.
$HNSS is
Undervalued
Low float
Great potential imo.
NNBP NOW @ .0038 WITH ROOM
TO RUN!!!!!! COME ABOARD!
Fione SOCU Buy Alert
Monday CEO to make "Life Changing"
announcement. Read more for
details about possible corporate
buyout. Hint This corp is listed
on Amex and goes for $8-$10 pps!!
Check out - TRDX - looks pretty solid, super low floater as well.
I'm not in on the play, i just discovered it today so I shall do some duh duh and decide then.
Fione Another good pick
to consider!! Bonanza
BGOI roar'n to run!!
Low float like SOCU!!
BGOI ***** MACD is
.0018 and then she
takes off with or w/o
you
GO BGOI!!!
Fione SOCU gearing to go
to .03!! News imminent!!
Wed or Thurs. Current PPS
0.018
SOCU Break on through to
new highs!!!!
Stock it to SOCU!!!
weeeeee what a call at .03
$ACTT Here is my DD:>> ACTT DD
Came out with incorporation and merger filings on 12/28, folks played and flipped, however upon doing some DD i found out it is a potential multi-bagger, big ex-NASDAQ company, doing really well and getting incorporated again, means something big is in the works!
ZLUS! Walker Share Tuesday, January 04, 2011 8:41:22 PM
Re: 12thman post# 404902 Post # of 405152
ZLUS - oil well drilling confirmed:
Well Spudded 12/27:
http://sonlite.dnr.state.la.us/sundown/cart_prod/cart_con_wellinfo2?p_wsn=242543
12/27/10: SPUDDED. 12/28/10: SET 9-5/8" CASING @ 866' W/ 300 SX. 12/29/10: TESTED REGAN HYDRILL BOP TO 500 PSI FOR 30 MINS. TEST OK.
SOCU-.0058*.0059 THEN .0065,WAS .1,
1.filed for reinstatement
2. OIL&GAS
3.The Company has no Long Term Debt
WAITING FOR AT LEAST 4 NEWS UPDATES:
On April 16, 2010, the Company entered into a non-binding Letter of Intent with Hunter Resources, Inc. (HRI), a Colorado Corporation, to acquire HRI for $2.5 million dollars. HRI is a bonded and licensed operator in the state of Kentucky since 2005. HRI currently has 1800 acres under lease held by production in south eastern Kentucky. HRI operates eight wells and 4 miles of gathering lines within the Appalachian basin, with the opportunity to develop the properties with in-fill horizontal drilling opportunities.
On April 28, 2010, the Company entered into a non-binding Letter of Intent to acquire Pacific Sunset Resources, Inc. (PSR), a Nevada Corporation, for $2.7 million. PSR owns 3,000 mineral acres in western Kentucky with 36 wells and operating a 7.5 mile natural gas pipeline. PSR leaseholds offers SOCU additional oil and gas plays as well as a potential Illinois Basin gas play.
On May 12, 2010, the Company entered into a non-binding Letter of Intent to acquire 12,000 acres of coal, and coal bed methane mineral rights from Kentucky River Energy, Inc. for $20 million dollars. The proposed acreage is located in West Virginia, and would involve the Company developing and producing the methane gas. This procedure is known as degasification of a coal seam. According to engineering reports provided by Kentucky River Energy, Inc., the property contains approximately 464 million tons of coal with approximately 1.6Tcf of natural gas.
May 19, 2010, the Company entered into a memorandum of understanding with Home Creek Energy, LLC, to acquire approximately 2,500 acres of mineral leases, 30 existing wells, current production and all equipment on the property. The purchase price is $3.2 million dollars and the property and assets are located in Haskell County, Texas
look at zlus! oil well drilling started on its first well,has more comming,expecting pr 1st week of jan! its subpenny for now!
!!MEGA BUY ALERT!!
SOCU - DANGER WILL ROBINSON!!
i GOT IN @ .003 - SHE IS RUNNING HAAARRRDDDD ON LIGHT VOLUME!!
FormCap FRMC is one to watch for sure!
The potential for FRMC is here.
The share structure is showing us a "low float" situation. Orders take a while to fill and as long as the MM's don't play their reindeer games, the PPS moves fairly easily.
The current project has great potential at the Weber City Prospect in the Permian Basin!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58078598
The company has signed an agreement with Mr. Norman McKenzie to develop and execute the drilling at the Weber Prospect.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58131753
Formcap FRMC has the master of mergers and acquisitions, Mr. Terry Fields, as the CEO steering this ship.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58069171
Transparency is present from FRMC with disclosure of its' overdue debenture and timely quarterly filings.
Be sure to read through the IBOX as it has details relating to all aspects of FormCap FRMC.
BUY ALERT!
FRMC! check it out and tell a friend.. hell tell a couple!
$1.00 coming soon OTCQB NXWI, 60 million shares outstanding.
Read the news get in before the crowd. UP 14%
http://ih.advfn.com/p.php?pid=nmona&article=45690676&symbol=NXWI
same stock Researched & Organized Stock Picks is pumping... You think this will fly?
Buy Alert on XNRG, finalizing a deal with GEA worth .75!!!
RECENT TEAM VERITAS RUNNERS: ALERTED IFXY .0032 ran to .024. ALERTED HLNT .0021 ran to .013. ALERTED TLAG .0012. ran to .01
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Moderator Zer0Veritas | |||
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Team Veritas is dedicated to providing you with the latest hot penny stocks. I spend my time scanning for the perfect stocks and present them for you all to take advantage of. When doing so I look for the following;
Low Float A/S and O/S
High potential
High volume
Hot news/upcoming
UNDERVALUED/OVERSOLD PLAYS.
Veritas is Latin for Truth. My goal is to provide you with true picks that make amazing gains without paid promotions, pump and dumps and manipulation.
My strategy is to find low floaters with potential and trade them, taking profits but also holding long positions for bigger gains. You can make a lot of money trading penny stocks but you can't trade them all the same.
Here are some things to look for in a runner:
1. Speculation - Upcoming news? Merger? 10q? FDA Approval? These are going to drive the PPS leading to the date of said date.
2. Volume - Heavy volume means heavy interest, always follow the volume.
3. Share Structure - Make sure the company has integrity and not using the stock as a printing press aka dilution. This is the #1 thing to look out for in the otc markets.
4. Read Charts/Watch Level 2 - Look for reversal buying/selling patterns, you can see bid support on l2 which can also show signs that company is diluting shares.
Worse thing you can do is get involved in a P&D - Don't waste your money on a paid promoters pay check, instead follow my above methods and put it into your own pocket.
Here are some websites I like to visit often:
otcmarkets.com <- get valuable information on companies before investing, tells you what the last updated Share Structure looks like.
americanbulls.com <- great for newbies that don't understand charts yet, gives good recommendations and explains the various candlestick patterns in real time day by day.
barchart.com <- very informative site, gives great buy/sell/hold recommendations that many traders follow and will give you a good indication of where the stock is headed.
With that being said welcome to the board and please feel free to post your picks and any good information to help new traders along the way. Now lets make some green!
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