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10k is out and net loss per shares was cut in half.
Cheers
My Daughter and I are thinking of going into the advertisement business.We need WOLV to do well to help finance our businss.
Maybe I will rethink the thought of selling.the chart looks good.
PPS seems to be dropping.If it drops to .17 I believe I will be safe and sell some shares that I bought for .13.I made a mistake by not selling them in the .20's
I have always been serious about posting, I just didn't know how.I just recently learned how to post.So I hope to be posting a lot in the future!! damn computer
I think the OTCBB might have stricter listing requirements, though OTCQX and OTCBB appear to have similar reporting requirements, thought I haven't really made a detailed comparison between the two. But the OTCQX will definitely separate the more legitimate companies trading on the pinks from all the other 'garbage' companies. There are plenty of good companies on the pinks. The OTCQX will hopefully allow them to strut their stuff better.
I hope WOLV does go to the OTCQX.They are so undervalued at this time.The PPS will increase substantually there.
from my research,QX would be an upgdade from the OTCBB.What do you think?
Problem is WOLV went pink after being delisted so they don't have to file anything. I wonder if they plan on going on to the new OTCQX early next year. If so they will need to file financials. But right now they don't have to.
NetWolves lost contract on Western Media.Western Media has a grand total of 6 employees are heavily in debt,no cash,and they are not even paying workers.wonder why NetWolves canceled cotract?could it be Western Media couldn't pay their bills like they can't even pay themselves?
WOLV has to release earnings on or before the 15th according to s.e.c. fileing that WOLV filed.The 15th is sunday.Does that allow them to file on the 16th if they want to?
Leonid has been the ONLY insider selling and ne is not WOLV managment no WOLV managment has sold a single share.
I noticed that Frenkel Leonid has been selling his shares as of late.In the last few days he recieved a bunch of free options and sold them the same day.They were listed as benificiary owner-such as spouse or etc.I wonder if he is very ill or deceased or maybe a devorce.do you know.Please respond!!
I have more cash in the mail to take a little more position in WOLV
Yes CDSS and WGRD both taken over. That and the fall period is always stongest period for tech, in past Novembers WOLV has skyrocketed.
Let the gang at RB know about this board the more the merrier!
WOLV stock looks strong the past week or so.
Some on ragingboard have suggested that recent takeovers in their sector (I.T. Security) might be helping to explain the stock rise. WOLV stock is selling at such a discount on a P/S basis... if they were to ever get bought out, the stock price would be MUCH higher. Stock hit .28/share earlier today. Volume is very strong this morning. This afternoon should be interesting.
-b'brella
Hope so jaybird,my family needs it!!
interesting to see a stock slowly climb with 90% of the trades on the bid :) those 300k shares,if they were in here, should be going away. I see the sb2 but 1.1M is nothing and who knows when it'll go into effect. another month till K. good work jaybird.
Thats right. WOLV still seems to be way under valued at this price. I still think that we could hit .5 be the end of the year.
"pumping", sir is using false or misleading info in an attempt to artificially drive up a stock price to unjustified levels..
it isn't "pumping" if its a ridiculously undervalued stocks and the info is true.
Yes I do have a mind of my own Jaybird. I guarantee you I have done my own DD regarding this stock. Some things I like other things I don't. I assure you that what ever you post here or on yahoo has no impact on my investment decisions. I think you’re a pumper that's all.
Cheers
Obviously it didn't get there! Do you have a mind of your own? I suggest you do your own DD and price targets!
What happened to your .25 in August?
I see rapid spike to mid twenties, $.75 by November small cap season
Slow but solid upward movement now. May past .2 again soon.
Heres what happens NEXT to WOLV
http://finance.yahoo.com/q?s=insgy.pk...
INSGY is similar to WOLV crashed after going to pink sheets below 10 cents up to $.23 today WOLV 10 x better than INSG. $.25 soon, $.60 in November.
Note I have updated the IBOX. Looking good we have bottomed and will rise quickly!
WOLV $.25 in August $.60 + by November The time to buys is now in the last few Novembers WOLV has experienced 150% price rise this year WOLV SO oversold will explode much earlier..
$.25 in Augsut $.60 by November..
Some Options priced at $.75 folks
WOLV is going to run to $.20 + in August IMO, selling exhausted, markets recovering, options set higher than market price with some options at $.75...
WOLV is going to run to $.20 + in August IMO, selling exhausted, markets recovering, options set higher than market price with some options at $.75...
Options set above market price:
Interesting: options set at $.15 and $.75
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4290970
No patience needed. The company is quiet and there must be a reason why.
I have sent numerous emails with no response.
Cheers
Patience this a horrible bear market...
I would ask the question why has the company been so quiet lately?
TOP 15 REASONS TO BUY WOLV:
1)IN THE MAY CONFERENCE CALL THE WOLV CEO STATED WOLV'S SALES PIPELINE IS THE STRONGEST IN HISTORY.
2) WOLV has a market capitalization of $4 million and a Price/Sales rato of 0.15. This is a HUGE discount to the Industry average Price/Sales ratio of 2.6.
3)WOLV Reduced operating costs by 27% in Q3.
4)Q3 financials show WOLV is on the road to sustained cash flow and profitability. Net loss was reduced by 40% to $486,000. If depreciation and amortization are added back, WOLV was essentially cash flow breakeven for the entire quarter, turning the corner to positive cash flow in March 2006.
http://biz.yahoo.com/bw/060518/20060518005875.
html?.
5)With the recent $1 Million financing, WOLV is now in EXCELLENT financial condition. WOLV has positive net working capital and only around $1 million long term debt.
6) WOLV has many large Fortune 500 clients including General Electric and McLane, a wholly owned subsidiary of Berkshire Hathaway Inc.
7)Recently expanded service Agreement with Mclane and renewed General Electric contract (May conference Call)
8)Added 2 significant large energy and travel sector customers.
9)After removing impact of losing Swift Transportation, Increased Q3 sales revenue from $4.9 million to $5.3 million.
10)Q3 showed 10% increase in Managed Service revenue- the future growth driver of WOLV.
11)Added a number of new sales channel partners contributing to many contract wins.
12)Added over 300 customers in higher education market.
13)Added 2 high profile directors with significant experience: Gerald A. Gagliardi, former Sr. Vice President, Worldwide Customer Services of NCR Corporation, and Michael R. Rocque, President of Leading Strategies, Inc and Retired Lieutenant Colonel in the US Army.
14) The share price of WOLV:NASDAQ has been impacted by extraneous, non business factors- a severe small cap bear market and the NASDAQ delisting. As summarized above WOLV is now in the best operational and financial condition in years.
15) On conclusion, WOLV represents a compelling investment opportunity: A cash flow positive stock with GAAP profitability in sight with a relatively low share count trading at a huge discount to its peers. The disconnect between WOLV's performance and the share price WILL NOT LAST.
SBC: TA 101 dramatically oversold stocks rebound violently one day soon you will see a relief rally back to $.20 + IMO
WOLV: Bargain of 2006 for LOGICAL investors:
The stock market is never perfectly efficient or logical. At times, equity values fall to a fraction of the true worth of an enterprise. On October 2, 2002, Sonus Networks traded for 18 cents. It subsequently rose over $10.
WOLV is another example of a stock that is trading at a FRACTION of its intrinsic value for no logical reason. WOLV is trading at a Price/Sales ratio of 0.14 compared to the Indusry average of 2:
http://finance.yahoo.com/q/co?s=WOLV.OB
As I have said in previous posts, this valuation reflects a perfect storm of extraneous factors: NASDAQ delisting and a brutal small cap bear market. There is NO justification for WOLV to be trading at such depressed levels, WOLV's financial and operating performance are the best in years:
Financial: WOLV completed a $1 million financing in April. After this financing, WOLV has POSITIVE WORKING CAPITAL (current assets of $7.8 MM and liabilities of $7.6 MM) and only $1 million in long term debt. This balance sheet is better than 90% of OTC companies!!
Operating:
1) The third quarter 2006 financials show WOLV is on the road to sustained cash flow and profitability. Costs were reduced by 27%, and net loss was reduced by 40% to $486,000. If depreciation and amortization are added back, WOLV was essentially cash flow breakeven for the entire quarter.
2) IN THE MAY CONFERENCE CALL THE WOLV CEO STATED WOLV'S SALES PIPELINE IS THE STRONGEST IN HISTORY. Consequently, the trend to improved cah flow and GAAP profitability will continue.
Conclusion: WOLV is a rare opprotunity: A stock trading at huge discounts to the sector. There is no company specific reason for this huge discount. WOLV has a aound balance sheet, positive working capital, minimal debt, is essentially cash flow breakeven moving to cash flow positive, and has the strongest sales pipeline in the company's history.
When assessing WOLV as a potential investment focus on WOLV's fundemantals, not the BASHER TRASH.
WOLV IS A BUY AND WILL REWARD PATIENT INVESTORS.
UPDATED WOLV DD SUMMARY JUNE 30 2006
The share price of WOLV:NASDAQ has been impacted by extraneous, non business factors- a severe small cap bear market and the NASDAQ delisting. As summarized below WOLV is now in the best operational and financial condition in years, and the current price provides an incredible investment opportunity.
NetWolves Corporation (WOLV) provides network security solutions coupled with network management and communication services worldwide. It operates in three segments: Voice Services, Managed Service Charges, and Equipment and Consulting.
WOLV met all NASDAQ requirements except the bid price, so was delisted on May 16, 2006 and now trades on the OTC BB.
WOLV is a turnaround story. After losing its major customer, Swift, WOLV took quick action to slash costs and diversify its customer base. The end result is that WOLV is now a more diversified, streamlined company than ever. With nearly $2 MM in annual cost reductions, WOLV turned cash flow positive in March 2006:
http://biz.yahoo.com/bw/060222/20060222006065.html?.v=1
It is interesting to note that the last time WOLV was cash flow positive, in early 2005, the share price exceeded $1.
The third quarter 2006 financials show WOLV is on the road to sustained cash flow and profitability. Costs were reduced by 27%, and net loss was reduced by 40% to $486,000. If depreciation and amortization are added back, WOLV was essentially cash flow breakeven for the entire quarter, but as noted, turned the corner to positive cash flow in March 2006.
http://biz.yahoo.com/bw/060518/20060518005875.
html?.
----------------------------------------------
IN THE MAY CONFERENCE CALL THE WOLV CEO STATED WOLV'S SALES PIPELINE IS THE STRONGEST IN HISTORY.
----------------------------------------------
As of May 19,2006, WOLV has a market capitalization of $7.5 million and a Price/Sales rato of 0.3. This is a significant discount to the Industry average Price/Sales ratio of 2.6:
http://finance.yahoo.com/q/co?s=WGRD
With the recent $1 Million financing, WOLV is now in EXCELLENT financial condition. WOLV has positive net working capital and only around $1 million long term debt.
WOLV has many large Fortune 500 clients including General Electric and McLane, a wholly owned subsidiary of Berkshire Hathaway Inc. WOLV has significantly increased its sales pipeline and diversified its customer base through a new marketing strategy that increases the company's sales reach:
http://www.thechannelinsider.com/article2/0,1895,1928373,00.asp
WOLV also provides VOIP services. With the Vonage IPO in May, WOLV could benefot from the interest in the sector.
********************
OS AND FLOAT
*********************
As of 05/19/2006:
31,774,479 shares outstanding and approximately 27.4 million float. WOLV management owns 6,895,000 shares.
On conclusion, WOLV represents a compelling investment opportunity: A cash flow positive stock with GAAP profitability in sight with a relatively low share count trading at a huge discount to its peers. The disconnect between WOLV's performance and the share price WILL NOT LAST.
15 POSITIVE WOLV 2006 ACCOMPLISHMENTS
WOLV's accomplishments in the last year have been OVERWHELMINGLY POSITIVE.
1)Expanded service Agreement with one of Largest customers, Mclane (Berkshire Hathaway subsisdiary
2)Renewed General Electric contract (May conference Call)
3)Added 2 significant large energy and travel sector customers
4)After removing impact of losing Swift Transportation, Increased Q3 sales revenue 10% from $4.9 million to $5.3 million
5)10% increase in Managed Service revenue- the future growth driver of WOLV
6)Achieved largest sales pipeline in WOLV history (May conference call)
7)Achieved POSITIVE CASH FLOW in March (May conference call)
8)Added a number of new sales channel partners contributing to many contract wins
9)Reduced operating costs by 27%
10)Raised $900,000 in new financing.
11)Reduced Q3 2006 loss by 30% from $740 K to $480 K
12)Added over 300 customers in higher education market.
13)Added 2 high profile directors with significant experience: Gerald A. Gagliardi, former Sr. Vice President, Worldwide Customer Services of NCR Corporation, and Michael R. Rocque, President of Leading Strategies, Inc and Retired Lieutenant Colonel in the US Army.
14)WOLV STATED IN MAY CONFERENCE CALL SUSUTAINED POSITIVE CASH FLOW EXPECTED WHEN THE 2 NEW LARGE ENERGY AND TARVEL SECTOR CUSTOMERS ARE FULLY OPERATIONAL
15)Achieved listing on OTC BB after being on Pink Sheets.
Yes I have the same questions... 1 MM = manipulation.
Here's a legitimate question.....
since the move to the OTCBB there is only one market maker making a market in this stock, anyone want to take a guess as to why? I personally have no idea. Also I am unable to find an answer as to why there is no bid / ask being shown. Otherwise IMHO this stock is very undervalued.
MM is SEABOARD SECURITIES, INC.
http://www.otcbb.com/profiles/wolv.htm
Cheers
CASH FLOW POSITIVE: In the CC WOLV indicated once the travel and energy new customers are fully serviced
CASH FLOW POSITIVE.
WOLV: Strongest sales Pipeline in HISTORY
From Conference call
Be patient the market is horrible. $1 by Xmas.
Price way to cheap. Huge potential at this price. Not sure why the decline today.
Why isn't WOLV higher than CDSS?
CDSS
At March 31, 2006 the Company had cash and cash equivalents of approximately $3.8 million, a net working capital deficiency of approximately $5.2 million and a stockholders’ equity deficit of approximately $1.4 million. In addition, cash provided by operating activities in the first three months of 2006 totaled approximately $3.6 million; however, the Company incurred a first quarter 2006 net loss of approximately $892 thousand.
The Company reported approximately $3.6 million of cash flows provided by operating activities; and after cash expenditures of approximately $520,000 for capitalized software development costs , and net repayments of approximately $602,000 related to amounts borrowed against accounts receivable and advances from an officer, the result was a total increase in cash of approximately $2.4 million during the first quarter of 2006. As a result of this increase in cash, no debt or equity financings were deemed necessary by the Company, other than short-term borrowings against accounts receivable. Historically the Company has had access to additional capital and has raised money through both equity and debt financings, including borrowings against accounts receivable, preferred stock private placements, and advances from the Company's CEO. The Company believes that it has adequate access to capital and that it will continue to have access to capital to fund the operations however, the Company has no plans as of the filing date of this report to raise additional funds. In addition, the Company's CEO has committed to advance the Company up to three million dollars in funding should it be necessary for short term working capital needs through March 2007. The terms and conditions of any advance to the Company from the CEO will be established by the Company's Board of Directors. The CEO advanced approximately $475,000 to the Company during the first quarter of 2006 of which approximately $322,000 remained outstanding at March 31, 2006 and was repaid in April 2006.
The Company believes that the execution of its business plan including strategies to grow revenue and control costs and expenses, combined with liquidity available from our Factoring Agreement and the commitment from the Company's CEO, is sufficient to fund operations for the next twelve months. If needed, Citadel may also consider raising additional debt or equity capital under the right circumstances. However, there can be no assurance that the Company will be able to raise debt or equity capital at terms it considers reasonable and prudent or that the Company will be able to fully execute its business plan in 2006.
Will bid ask be quoted publicly on Yahoo? I thought all OTC BB's had public quotation on bid ask
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