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When there's no pulse, you listen for breathing sounds. Absent that, it's time to put this baby to sleep permanently. Free shares might look pretty on a kid's bedroom wall but will serve no purpose otherwise. Reminds me of old Mexican notes representing devalued pesos---no worth today, unfortunately. But they look nice.
This whole Chinese sector has gone through the wringer. Too bad as it was exciting. Another year maybe but definitely not this one.
WT
It's not always a case of promoting for the sake of public awareness. Sometimes it's a deliberate attempt to shape public sentiment for the sake of paid-for promotion---without disclosing information indicating reasons for such covert action. I'm all for advertising and getting paid for it. What I don't like is using deliberatly deceptive practices in violation of laws governing public disclosure. I believe I'm bearing witness to some of this on this particular board, with a few contributors pretending to be shareholders and altruistically pointing to the merits of the company which has yet to prove its worth in my yes. Thus far, I'm thinking the rising volume has nothing to do with fundamentals or outlook, is based solely upon daily tout sheets and flagrant pompom waving without substance.
This is my opinion and nothing more.
WT
Yes! I never even think about it any more
WT
I'm finding it interesting to see how this stock is being pumped. If you check the disclaimers from OTC and the Bedford Report, you'll see far more than you will by listening to the posters waving pompoms. My experience has me believing these few individuals are compensated to promote via message boards. Read the OTC disclaimers---ALL of them. You'll see how boiler room techniques operate, imo.
I have been following the company for a week, reading everything I can find on it. I know they stress the development of farming techniques but the one thing I have yet to see in print is anything indicating their opportunity to capitalize on the sale of the leaves. In short, what's the profit potential? And why have they said nothing about it, good or bad? Investors put their cash on the line in the name of future profit potentials, not pretty words coming from paid cheerleaders. And Vietnam is hardly the only place this plant is cultivated---Paraguay is another and it can be grown most anywhere.
These are my opinions only. I may have it all wrong in which case I'll be happy to admit to having been in error. Should that occur, I might become an investor myself.
WT
Who needs a constant reminder of having made a mistake? I called Ameritrade and told them I wanted all traces of EVFN removed, along with those phony spinoffs worth a few pennies to dimes. In the real world, we expect to make mistakes, taking it on the chin every time. I don't need to wear them like a badge of dishonor reminding me I failed once upon a time ago.
WT
Great story, Randy...openly candid without any defensiveness. Honesty can be beautiful, indeed!
WT
Why aren't shareholders bailing out now, taking the tax-loss and then reentering in a month? It's highly unlikely the share price will have risen significantly. In either case, the tax loss value shouldn't be discounted.
WT
Are you of the belief that there's a form of central intelligence responsible for coordinating manipulative actions? My sense is that a lot of folks and quants apply their logic without consideration of emotional input. I don't ever allow emotion to rule my stock investing actions, I've seen how it gobbles up naive turkeys. When I see I'm moving against a particular feeling within myself, I draw back and table the motion, pending greater clarity. This I do so as to avoid shooting myself in the foot.
WT
The company has failed to deliver, simple as that. Investors prey on profit potentials based on factors ordinarily encouraging of positive results. What positive results have you seen in JADA that have you regarding the companyh as worthyh of investment?
I can't tell if you're in denial because of standing losses or if you are truly considering placing fresh money into this sieve. I sold off most of my hefty position in the $1.03 range, fairly convinced manipulation had been responsible for the dramatic run-up a year ago. My remaining position was sold off at less than half the earlier figure. I foolishly (blindly) bought back in on the extreme cheap and only to lose a portion of it and decided the gamble wasn't worth the risk of returning my earlier profit.
WT
Oil seeps are often not more than stranded bursts of hydrocarbons floating in place. They tell us there's potential but don't speak to quantities of oil/gas, let alone commercial viability. I cringe when I read things such as "Oh, we have oil, billions and billions of barrels---all we have to do is prove it!" If it remains to be proved, we can count on nothing. This is why a top caliber geology team such as we have in place in this post-Watts era is so vital.
It's fine to be excited and hopeful, pointless to publicly flatulate over hyperbolic drivel based on wishes and nothing more conclusive. However, I strongly believe in the Bob Bearnth legacy for a number of reasons, in addition to the carefully constructed approach Ray has taken in bringing us this far. I'm betting his eye is trained on far more than has been placed before us.
WT
Why are you trusting THEIR numbers when they haven't given shareholders anything concrete?
And would you be willing to step up to the plate with a half-million $$ for what may be nothing more than an unsubstantiated bunch of bullcrap?
WT
Interesting that people continue to cut this company unreasonable slack while getting less than nothing for far too long. I sold my position late last year when it seemed nothing was in the wings to suggest radical improvement coming from any direction. At the time I was reluctant---not only because I took a loss but because I've enjoyed the ongoing discussion on this mb.
While I continue to follow the stock and this board, I find myself unable to understand why such sharp and experienced investors would continue to play the back seat driver's role? I wouldn't dream of investing in an empty glass if I desperately needed water. In this instance, there's good reason to assume that the glass has a severe crack and is unable to hold liquid (-ity). LOL
How much loss (percentage-wise)is too much when it comes to tolerating further erosion of the original seed capital? I wish I could tell you my own loss-percentage but I don't recall. However, it was more than 25%, else I'd not have sold off in the face of this mb's optimism that had me convinced I was missing underlying issues sure to catapult this company towards profitability. Eventually, I sold off most of my Chinese positions, realizing the public sentiment was increasingly negative towards the entire group.
WT
I got rid of the dash and typed evolutionfuels.com and came up with a site under construction.
WT
Thank you for your generous help. I appreciate your efforts.
WT
Of course it's alive!
As a founding shareholder, I continue to keep the faith. For SEC-imposed legal reasons, I won't discuss details of my association with the company other than to state that I'm not in the employ of PWVI nor do I receive any compensation from the company. I am merely a shareholder who came in via an offering. I've continued buying shares via the public market, steadily accumulating shares over the past two years plus. I continue to believe this stock is going to break out of its price channel and really take off, possibly within months.
The LOI acknowledges it is a "binding" LOI. My understanding from involvement with other companies and their stock is that there has likely been an exchange of funds in exchange for shares---on a non-refundable basis. Thus, it would appear that this little company is about to take off with signed contracted manufacturing obligations in place.
I see a potential for this being the opportunity of a lifetime. Mind you, I got into HDY at 25 cents and it is now above $5. I've been fortunate enough to have identified a few stocks like these over the years and they have contributed mightily to my life style and sense of well being.
All comments above are in my opinion only.
WT
Actually, SEC rules require that his intention to sell be made public. He may be a saint but in this instance he is simply complying with the law.
WT
Who will repay us for our losses?
WT
Let's go easy on folks whose wiring might be different than ours. I see two reasons for a message board focused on just one stock:
1. To gain access to missed information
2. To comiserate with others.
Nothing is ever improved through criticism of one's nature. And we're all responsible for the tone of this message board or any other for that matter.
WT
HDY is not yet an oil company. While there may be trendline similarities suggesting a connection between oil and our company, isn't it more likely just coincidental? HDY has never produced a single drop of oil.....something I'm unable to dismiss. We are definitely not an oil company!
Also, Ray primed the pump when he announced that a JV deal was in the making with a deadline of Jan. 27. I can't imagine his ignoring shareholders' entirely reasonable expectation of news and divulging the outcome of that negotiation in process.
Can you show me the logic I'm apparently missing?
Thanks.
WT
I referred to the ways in which we attempt to bring the company to acknowledge our concerns and respond accordingly. It smacks of a child's behavior when trying to steer Mommy and Daddy.
These are full fledged companies representing intelligent investors and stake holders with real money invested---not the few thousands of dollars most of us limit ourselves to because we're uncertain. It is painfully obvious to me that they don't give a crap about some of the things concering us.
And I have to wonder if we stand to gain anything at all in the long run for there's no open line of communication proving they do as they say or even that they'll ever say (to us) what they'll do!
This isn't investing, it's throwing a bean bag into a dark room in the hopes of growing a crop over-night.
The only time I make money in these Chinese micro's is by grabbing onto momentum and riding until I sense the crowd is about to fold.
WT
Regardless of what anyone says---whether it be a high profile analytical firm or just one of us of the diehard foolish ones, the fact remains that this microcap sector of ours has failed of late to provide the much needed breath of fresh air. I find no consolation in hand-holding and prognostications founded on hyperbole offered in justification by those persons holding inordinately large-sized positions becoming more painful daily.
What matters it that Morgan Stanley or another may see fit to degrade a pick of ours? If there's no money being made here, then pumping or dumping PR's will hardly "fill the gap" of credibility. There are profitable stocks out there, we happen to have chosen one that has the smell of death.
FWIT, I happen to be holding onto my position without concern for immediate gains or an opportunity to cash out profitably. Just looking at the portfolio, I see that the last trade occurred at my average cost per share. That means I've gained nothing at all for having placed my money on this one. Granted, I've not lost. But I bought in with the belief that I might gain. I see now that I haven't accomplished anything at all.
WT
Maybe they are aware of it but don't care?
Isn't there something wrong with our selection of stock picks when we pretend to be able to wag the dog by its tail?
WT
This price action is beyond my understanding but I'm not selling. Then again, I'm afraid to add, also, despite the fact that it would be at prices well below my entry point. I don't like the cuts inflicted by a falling knife.
WT
If everything they say were true, shares would be far higher. When HDY speaks, we trust. When GTE speaks, we trust.
JADA doesn't bother speaking. Why buy?
WT
I think it is nearly insane to chase this thing down when there's absolutely nothing indicating this is even a viable company! It's one thing to dream of succeeding as an investor, quite another to grab onto the tail of this---? A comet comes to mind but this acts more like a burning star turned to ash. Or am I making an ash of myself?
Fake identities? Non-existent telephone numbers? C'mon, folks---where's the real stuff that entrepeneurs such as we claim to be can legitimately hang onto? This is looking like garbage to me. And with 20,000 shares also in the 32 cent range? That makes me garbage as well.
WT
While I understand that the land thingy is a concern to some here, I continue to believe that most shareholders aren't so concerned with that one-time event's resolution but remain focused on corporate fundamentals---earnings, losses, capex, & in this case significant expansion with a broader base of product offerings.
Must take issue with those expecting an uplisting to redirect us down that path of happy-&-smiley faces. Uplisting guarantees nothing as will be seen in NEWN, a Chinese battery maker recently added to the AMEX. They supply Apple with batteries. I was adding shares today at barely over $6 after having watched a nearly zero effect on the company's uplisting some months ago. We expected the stars to shine on us and all we got was a royal mooning. lol
My hope is with that of others here---would love to see this thing take off and at the least---be fairly valued. At this time, Chinese microcaps just can't seem to get a break. This is the case even with SGAS which is one of a few in the PRC granted permission to expand natural gas client lists. In time, I expect things to turn for the better but at the moment I show a 50% loss in this utility.
JADA is yet another of these beleaguered plays but for different reasons including blatant shareholder indifference. Someday there may be an alien visitation straightening things out once and for all but right now we must suffer in silence and accept the fact that life is not always fair.
WT
Very fine bit of sharing on your part. Thank you.
WT
Surely you jest! How could there be such a thing as stock manipulation? Are you serious? People are never greedy and unfair, are they? And here I thought only pigs over-eat. Or have I been fooled into believing only wolves inhabit wolf clothing?
It is so easy to play the conspiracy angle when reality would have that we simply aren't privvy to all the news likely to add up to results unforeseen. And even if we could see all the news that's fit to print, who among us is smart enough to cipher, factor and accept all that's entered into evidence?
Sooner or later, we will decide to unload, reload, reduce or add to positions for any variety of reasons. It becomes a personal thing and not always conducted in an arena dominated by logic. When a lot of investors do this, we grow suspicious yet those others do exactly as we do---the sole difference being that we want a villain; so we attach an intelligent head onto our vehicle of disappointment, call it the enemy and hold hands with others similarly unhappy with our investment results.
We all feel the pain and wonder. Now, if only we could understand.
WT
Why the conspiracy angles when you failed to correctly anticipate?
The fact is that you, like many of us (myself included) might have pulled the trigger and taken more profits off the table. So we didn't---big deal! The fact of the matter is that this thing can take off like a rocket once again and we'll be nursing each one of those retained shares ever so lovingly, glad we hadn't sold.
As for Mr. Leonard putting out a couple of well placed PR's? I don't think we need that sort of market manipulation, do you? Reminds me of a few pump & dumps visited upon my untrained eye---EAG was one, EVFN another. I'd prefer this happen the right way with integrity to match.
I love your enthusiasm in any case...the world needs cheerleaders.
WT
I could understand adding shares if there were some indication of a profit potential waiting in the wings. But I'm seeing no such thing at all. Worse, there's no line of communication.
I'm seeing the opportunity to pick up more useless shates destined to tie up my money at a time when the company is going nowhere good and we're moving into a market correction.
I'm feeling kind of stupid holding onto my 20,000 shares that are now down about 50%.
WT
I could understand adding shares if there were some indication of a profit potential waiting in the wings. But I'm seeing no such thing at all. Worse, there's no line of communication.
I'm seeing the opportunity to pick up more useless shates destined to tie up my money at a time when the company is going nowhere good and we're moving into a market correction.
I'm feeling kind of stupid holding onto my 20,000 shares that are now down about 50%.
WT
Doesn't that depend on your definition of "worldclass?"
Seems to me that such a distinction has to be earned. Until the drill bit hits oil, we have lots of hunches and projections, some of which I see coming about---but only after continuing discovery and interpretive analysis. Meanwhile, I remain long and strong.
Unbridled enthusiasm can be a delight---but only to those able to afford the potential for ups and downs.
WT
Eat out, Randy---you can afford it now.
WT
Making money this quickly and easily---you won't have to get any work done. LOL
WT
Beautiful post! I especially like your balance of rational sense along with personal expectations---and no hyperbole for the sake of leading investors.
WT
You can also lead a horse to water but you can't make him drink mutual funds.
WT
I've never seen an instance in which a company announces the intended uplisting only to ignore such event later. Generally speaking, the way is cleared for such action long before the move is officially recognized. In our case, the reverse split wasn't necessarily mandated due to the prior share price but because the capitalization was probably insufficient to satisfy regulations. In such instances, a higher share price will carry the deficit, enabling the listing.
WT
No news is required until Jan. 27 at which time disclosure of a completed JV deal or its dissolution must be announced as it will impact on our bottom line. I see that as a 2 1/2 week window of opportunity allowing for volatility to take hold. It makes this the ideal time to unload a few trading shares. $6.52 made sense to me early this morning and I sold a few.
Shares could realistically be expected to drop to the low $5 range before a last minute run-up prior to the announcement of the JV deal and the amount of cash being infused as a result of that. This will solidify HDY's baseline share price valuation.
Something I never see here or at IV is mention of the trader's revised cost basis. This isn't the brokerage's representation of your CB based on the average of prices paid throughout your accumulation process. That representation exists as a function of IRS-required tax information. Instead, it's the price per share representing your accumulated purchase and follow-on purchases less profits taken along the way via shorter term swing trades.
Revised cost basis approaches can be an interesting and revealing way to monetize the investor's true prowess as it incorporates his/her sensitivity to the stock pick's fundamentals, charted results, feel for knowing when to up the ante or sell into realized profit potentials. On the surface, many of us may seem to be holding across-the-board shares with a CB of, say, $5 when, in fact, those shares might actually represent $1 or lower.
I thought of this over the weekend and was pleased for having discovered what is, for me, a new tool.
WT
It appears you need to have this argument with Jesus.
Do you speak for your own graven image whilst on water?
Why do you make judgments when in disagreement? And did I misunderstand when I gathered you viewed the Watts as responsible for having brought Ray Leonard in to run the company? I don't believe the Watts are so defferential as to care about the lot of the shareholder.
Many shareholders lost money for a variety of reasons. I did not lose and thus have not complained about money and share value. Where I do take issue is with those who would advance disingenuous commentary aimed at making himself/herself appear to be something he/she is not.
Ray Leonard, thankfully, is honest and straightforward enough for my taste and I'm altogether comfortable being an investor.
WT
And in October just past, you predicted $8 by year end.
Way to go!
And Rayovac bowed down to the Watts for their having brought Ray. What fool could ever suggest that the Brothers of Self Serving placed their financial destiny into the hands of a savior when it could ultimately result in their disaffection and public disgrace?
Some powerful figures have a habit of injuring others...witness Hitler, Napoleon and on a microscopic level---former corporate managements such as Maddoff and yes---even our own formerly less-than-distinguished fatheads . Some investors will stupidly argue that they didn't suffer because they've recouped their earlier losses, thanks to Ray's great leadership but what about the years of agony---emotional and financial? Is there something wrong when a person deplores having been wronged by people in higher public places?
Charts and previously published items hardly represent qualified thinking. Playing "nice" and showing tolerance to scummy people is weak in any language. If anything, these tactics point to a person's inability to indulge in self-assertiveness...cleaving to anything safe.
My cleavage is far prettier. Smells better, too.
These are my opinions and not more.
WT