is...trying to make some money!
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I saw it. He worded it vaguely and timed it perfectly to maybe drive this below support.
I called Polaris yesterday and spoke with someone named Kuni Misawa who said he was the CEO.
He was very friendly and helpful. I asked him about the financials being released and he said that they still need to be consolidated with the international financials and that they need to hire someone to do that still.
His story kept changing as he went on, so maybe he misunderstood what was said.
LOL, let's sticky that. LMAO
Right on AMA.
That story makes no sense at all. Some of us have talked to the CPA compiling the numbers weeks ago.
I have an email from Kuni that lays out the plan much differently than what he told you on the phone.
How did you not know he was the CEO before you called him? Surely somebody that would call to do some DD would already know that.
stockinvestor1:
I called Polaris yesterday and spoke with someone named Kuni Misawa who said he was the CEO. He was very friendly and helpful. I asked him about the financials being released and he said that they still need to be consolidated with the international financials and that they need to hire someone to do that still.
Yeah one of those huge 10,000 shares at .001.
PIHN's on sale. Only losers or MM's selling at these levels.
How did you lose "4k since Tuesday"? If you didn't sell, you haven't lost anything.
Buy high, sell low - nice plan
We just need some volume here and this hits .06-.07 quickly.
Basing for the next +70% day. .0018/.0019 is still a resistance point.
Your post makes no sense. Averaged down to .0001?
Didn't you take your "profit" at .0005 and moan that everybody else should do the same?
Agendas are like A-holes I guess, everybody has one.
LMAO LOFL
A very orderly uptrend. That's good for the long term holders IMO.
LOL, bashers will be sorry! Probably trying to pick up some cheapies before the news.
I second that. Let the flippers go and force them to rebuy higher :)
PIHN up 70% the last 2 hours of trade
I agree 100% Fathercainz. Investors are watching on the sidelines because the rumors and estimates sound too good to be true. Once they are officially booked and released this will fly. If Kuni rolls these profits over into the planned US expansion and provides guidance for this fiscal year, we will see .01 in a few sessions IMO.
The market PIHN operates in is growing quickly. We use cloud based computing to share/access all resources here at work. It's a great system and many companies cannot afford a fulltime IT dept.
I imagine organic growth of the existing buisnesses will be huge over the next 12 months.
Once it breaks these last few resistance points, the sky is the limit. We are so close now.
Kuni and his partner hold 1.6 billion restricted, us here on the Pihn board hold the rest. There's not that many shares free trading.
They're going to issue 4 billion shares. You left that out of the PR quote. Come on now man.
Big buys at ask hitting
I'm expecting heavy volume this week. US acquisition PR should be followed by the financials. .01+ for sure at that point.
Another big Monday IMO.
Valuation Speculation -
OK, Kuni's email says profit for the quarter "exceeds $200,000". Let's play with this $200k number.
All right - roughly 3,440,000,000 OS
Right now, earnings projected out at just $200,000 per quarter and no further growth brings us to .00023 per share earnings per year. PE = (Quarterly earnings x 4) / OS
I am speculating that earnings per quarter will double by years end, but that's for another discussion. Let's focus on the preliminary numbers released only.
PE - A growing company normally has a high price to earnings ratio.
Share Price based off of $200k per quarter:
PE of 10 = .0023
PE of 15 = .0035
PE of 30 = .0069
PE of 50 = .0115
Many pinks with nearly the same SS make no money ever and run up to .01. This one can go there based on the lowest available earnings figures and a PE in the high range. I've seen many stocks go over 90 times earnings on just the rumor of more earnings. Considering that 1,600,000,000 shares are owned by Kuni and his partner, there's just not that many shares for the rest of us. I believe by years end a PE of 30 will get this well over .01. There will be growth here. GLTA
Roughly 125,000,000 new shares to be sold depending on price? Any other opinion's on the filing?
7 bid / 11 ask - It's a sign
dblue - here's the response many of us got from Kuni
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47424533
.03 is holding up nicely. Go LUXE!
And you've held this stock since 2/22. VCTY is down 74% since then.
hungryamerican wrote:
You are not very good.
Get a new occupation.
You will earn more.
LOL - He needs some grammar lessons. Go save some people at VCTY.
I'm not selling anything. I don't want to miss the massive run when the financials and follow up PR hit.
They need to get back at it and get this thing to .10!
The PR would make sense to me if we get a pop in price.
Look stockchick, here's what I make of things in light of the latest PR:
VCTY needs to increase stock price to aquire a company. They hire a promotion company, probably paid for in shares. Many of the promoters are here among us right now.
Pumping begins with the rumors, followed up with Fluff PR's.
This PR comes out - unnamed "Chinese hydroelectric company" that promoters tell us is worth $200 mil is a target.
IF the unnamed company is worth $200,000,000 USD's and is willing to do an all stock transaction, the current stock price would need to be .04+. Every authorized share would then have to be traded to the owners of the "Chinese Hydroelectric company".
Hang with me here, the price is currently .007, so IF VCTY is going to purchase, with all stock, a $200,000,000 USD company it would take roughly 28.5 billion shares to do so. How are they going to negotiate that with the "Chinese hydroelectric company" with $3.4 million worth of authorized shares?
If I'm the owner of a "Chinese hydroelectric Company" I'd hang up the phone at that point.
This PR has me concerned to say the least. Lots of Fluff. They even threw in a left hook to stock bashers and those like me that call this blatant dilution. It is dilution. Even, worse it's dilution without the clear understanding of what you are buying. They even explained how they will do up to a 50 to 1 RS if the deal falls apart.
Red flags...
The rule you brought up governs the sales of restricted securities, like shares held by insiders or large institutions.
Their SEC reporting status is listed as De-registered. What is this AAPL or GS now? LOL
This is a non-SEC reporting company. They have that fantastic STOP sign next to their ticker at pinksheets.
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=vcty
Why would they authorize without the intention of selling any new shares?