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You post this, as if you’ve done a ton of DD, then you follow it up with a question about how long they’ve been selling their device, when that’s readily available through DD.
You’ll also see there has been plenty of dilution. Shared issues DOUBLED!
Tell me how many shares were in the market on 12/31/17, then tell me how many shares were in the market on 3/31/19. I’ll wait...
Dilution, Dilution, Dilution
Look at the shares issued and outstanding between 12/31/17 and now.
You’ll see a MASSIVE increase in both issued and outstanding. MASSIVE
http://quicktake.morningstar.com/stocknet/secdocuments.aspx?symbol=idng
They haven’t given progress reports in years, why start now?
Management has been supposedly putting things in place for YEARS now. Go back and read the old posts. Same old song and dance from the same posters. No real information. No real plan. And as a result, the price has plummeted from a penny to trips.
Amazing how the board and its supporters have remained exactly the same with the exact same sentiments, even when it was trading over $0.01. Same song, different dance, little reasons for this to explode.
Cheerleading been going on for years here. And the price keeps going lower and lower...
No, everything is speculation since the company has been tight-lipped for years.
It’s the standard response for the long term holders. If you question all the smoke that’s blown, you’re told to do your own DD. I’ve been asking the same questions as you for 3+ years, and there never has been any real answers. And even then it was trading MUCH higher.
Some of the “holdings” are nothing more than a house. Offices are nothing more than houses. Google earth the “corporate” offices... you’ll find residences. Agreements with governments are in fact a lease on a single property. All is not what it seems here. And the owners, according to lots of fans here, are just waiting for the right time to blow the roof off the price. And it’s been the same story for years. A whole bunch of speculation with little to no actual information or plan.
What’s better... silence or baseless cheerleading? I vote for the former.
The sad, slow march to zero...
This is like Groundhog Day. Same stuff, different year. Amazing how nothing has changed except the dropping price...
Action? What action? Tumbleweed isn’t considered action.
Similar opinions have been posted here for over 3 years with no supporting facts or figures.
“Wait until next year”.... “Do your DD”.... “a pressure cooker”....
Any other bumper stickers? Lol
The Grand Naniloa... a 3 1/2 out of 5-star establishment. At $140 a night in Hawaii. Come on...
It’d be nice to know the company is making progress regardless of who the shareholders are. Being silent for months and months at a time isn’t transparent nor does it appear positive. And this has gone on for years.
Pretty obvious the company doesn’t seem to care about keeping their shareholders informed of what’s going on. How many years has this been going on now?
The stock? Yes, agreed. Absolutely not going anywhere fast.
Agreed. But it’d be refreshing to have a forum where claims can be contested in a rational manner rather then being censored.
Why are most non-cheerleading posts deleted from this board? Seems sketchy.
Same cheerleaders, same story. “Any day now” has been he motto for years now. “Put the pieces together” and “do your own DD” or “call Klug” if you ever ask what’s going on here. 3 years ago, it was going to $10 in under 6 months. When hat didn’t happen, it was “soon” and “I’m adding more shares” and if you questioned anything, you’re called names. The company is seemingly like every other penny. No information. A bunch of people on the hook with shares. Do your own DD. :)
Crickets. Absolute crickets.
Completely agreed. All the “pressure cooker” junk has to stop. It just makes people look silly.
That’s what you were referring to, right? ;)
How long have the shareholders been waiting for the name and ticker change? Seriously.
At this pace, 12-25 years.
Not this year.
DD is great. I'm holding a lot of shares here. So I appreciate the dedication and time. But to be honest: Posting the same things over and over get annoying. Especially when many are months and years old.
Huge revenues from what? Thermometers & needles?
Don't forget all the thermometers they should still have in stock in the "warehouse".
Count me in. I'd love to see the property.
Thermometer sales?
Same nothing, different day.
What on earth are you talking about?
I'm asking questions based on the last two filings using data. I'm not asking what Klug gets out of it. I don't care what Klug gets out of it.
What I'm asking is: Klug/Beechwood are reporting shares owned based on a shares outstanding figure more than 50% higher than the last reported shares outstanding. Is that correct?
Obviously there's a difference between common and preferred.
Read the whole 13 d/a:
* Assumes full conversion of the Series A and Series B Preferred into common stock at the initial stated value and an increase in the authorized capital in order to issue common stock upon conversion of the Series A and Series B Preferred.
** Based on shares of common stock outstanding as of November 23, 2015 as reported in the Issuer’s Form 10-Q for the three-month period ended September 30, 2015, and assuming an increase in the authorized capital in order to issue common stock upon conversion of the Series A and Series B preferred and full conversion of the Series A and Series B preferred into common stock at the initial stated value.
How many shares are outstanding if Klug/Beechwood owns 310,112,811 which represents 56.6%?
The 10-q shows 360,094,082. But that math doesn't work.
It's impossible to have an adult conversation on this board.
Everyone seems to play the old "I'm taking my ball and going home" game and make passive aggressive comments instead of discussing actual information.
Why hasn't the stock "gone crazy"?
Amidst all this incredible news? You'd think that if all of these moves were truly groundbreaking and amazing, the stock would already have moved, no?
Homes.com also lists it as a 0br/0br.
And it was magically somehow updated in December of this year with no basis. Looks like someone is fudging numbers.
Let's discuss Item 2.01 Part 2 of the 8-k dated 12/29/15.
In summation: Beechwood was paid $300K for a property that's appraised at $221K per Zillow, and over the last 10 years, per Zillow's Zestimates, hit a high value of $268K in December of 2012.
On December 31, 2015, the Company acquired certain residential real estate rental property from Beechwood for $300,000, consisting of $35,000 in land costs and $265,000 in buildings and improvements, as evidenced by that certain Act of Sale, dated November 13, 2015, by and between Beechwood and RedHawk Land & Hospitality, LLC (the “Act of Sale”). The purchase price was paid by the Company with the issuance of 300 shares of Series A Preferred Stock and the purchase price was determined by an independent third party appraisal. The Series A Preferred Stock shares were issued in reliance upon an exemption provided by Section 4(a)(2) of the Securities Act. The property bears the municipal address of 219 Chemin Metairie Road, Youngsville, Louisiana 70592 and will be initially used as the Company’s corporate offices.
The above summary of the Act of Sale does not purport to be complete and is qualified in its entirety by the Act of Sale, a copy of which is attached as Exhibit 10.2 to this Current Report on Form 8-K and incorporated herein by reference.