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No worries, SDVI should do well if you give it time. I still have my position over there but do not want to park any more money in it. In the mean time, I'll just trade some of the others..
GLTY
"Are you new? We've been watching this for months."
Is this my first post on the ICBT IHUB board, yes. Have I been holding this awhile, yes.
"This has been diluted out the ass. Garth needs money to buy the other 75% stake in Biospec."
IMHO, that's fine as long as they don't raise the A/S count to get that other 75%.
"Hopefully he lets it run on whatever MOMO we got going here."
I agree..
GLTY
Very much so, How about you?
Diluting??
140 Million Volume and 85 Million are buys as I write this.
http://ih.advfn.com/p.php?pid=trades&symbol=ICBT&java_vm=sun&java_vm_ver=1.6.0_20
GLTA
the Freaking Volume is over 100M and it is up 50% as I write this. Hope you got in!!
GLTY
48 million on the buy side and 25 million on the sell side but atleast there is volume.
http://ih.advfn.com/p.php?pid=trades&symbol=ICBT&java_vm=sun&java_vm_ver=1.6.0_20
It looked like a buying frenzy at the open according to the IHUB trade log.
GLTA
Just a heads up on ICBT for today...
They have released news this morning..
http://finance.yahoo.com/news/BioSpec-Global-Solutions-Inc-prnews-2064166844.html?x=0&.v=1
Guess we will see how the market reacts to it.
It closed yesterday at .0004 so keep an eye on it today.
GLTA
Deepthinker,
"Therefore the first order would be 4200x5= 21,000x $10.00=$210,000.00 in profit."
IMHO, these are the kind of details that SDVI needs to put into their PR's to take all the guess work out for the investors. I firmly believe that until they give us the "meat" then we will trade in a tight range for awhile.
That said, once they release the numbers and give us more details on things then this will take off and not look back.
Honestly no one on this board knows for fact if they shipped 10 units to 1 store or 1,000,000 units to all the stores across america and that seems to be the problem, IMHO.
GLTA
I will keep my eye on it. It just looked kind of weird earlier today but I only looked at it a couple of times as I was watching SDVI & ICBT most of the day.
GLTY
Up over 70% but will it hold? Level II sure looks like it is ready to breakdown soon. The bid side is a little too thin for my liking.
GLTY
Chivito,
Just an FYI, I am having a hard time getting the .0003's this morning on ICBT but I did snag some. Based on the low volume it might be tough to get the .0002's as I posted last week unless something changes.
GLTY
What the hell is going on with SDVI? On Friday's news it should be running like it stole something....IMHO.
A/S share count is 1.9B if you look at pinksheets.com.
.008's may be a little high but I think it can get there with the right news. These pinks can run hard and in a hurry. The key is to sell run...
GLTY
DFW
Are you dumping SDVI at the bid this morning? Level II looks UGLY this morning on it but on the bright side at least it has some volume. LOL
If you do, set your buy in at .0002 or .0003 GTC and wait for it to fill. It should trade flat for a little while but if they manage to complete the buy-out of the remaing % of BIOSPEC then it should run like hell.
IMHO, the time to buy is now as the volume is VERY low which always works for me. I played ACLH the same way and made a killing before the SEC shut it down.
My average on ICBT is .0005 and I am looking for an exit of somewhere around .0080 in the next 6 months but until then, I will keep buying.
GLTY
Thanks and keep the "leads" coming..I need to find something to trade while I wait for SDVI and ICBT to do something..
If it helps, I found my way over and have marked it..GLTA
That really sucks and I am sincerely sorry..
Snoop101,
"You invested 3 months ago and crying."
A little longer than 3 months and I am certainly not crying..Just pointing out the obvious. Kind of helps to offset all the cheerleading..Besides, I have money in the game so i think that earns me the right to state my opinion even if you don't like it.
"You barely know anything about the stock."
You have no ideal how much DD i did on this before I purchased my shares so how can you make that statement?
" I dont know the actually % but I would guess 50% of the people in the stock have been here for 2+ years."
And I sincerely hope it pays off for each and every one of you.
Well I guess this will be my last post here as my opinions seem to rub some of you the wrong way. Good luck to you all!!
Waiting years for a company to develop or recover is not a problem for me as long as they seem to be moving in the right direction, which is why I bought into this stock. Now I am 50/50 on it.
GLTA and I checked back with everone later in the week.
I sincerely hope you do!!
GLTA
"however for those of you who keep crying DILUTION, stop it."
Don't get mad at me as I didn't raise the A/S count by 500M. If you don't like the term then what do you want to call it?
And for the record, when I bought in several months ago (along with talking friends and family in to buying it) it was not on my radar to trade it.
I really had high hopes that this was going to be a ground floor opportunity but based on recent developments I have changed my mind. I hope for you're sake that I am wrong and I guess time will tell.
GLTA
"DFW is making a killing off of the sellers though. He sure knows how to trade."
True, it sounds like DFW did well on this one during the last run and if he is buying now he should do well with the next run.
Sorry but that is just the way it goes but you should also welcome those mass of traders when the time comes as they help in running the PPS up!! The key there is knowing when they start closing out so you can follow suit and not take the long ride back down.
"If you don't want the stock to trade like it has been, then stop selling your shares to the manipulators."
We saw how well that worked during the last run, LOL..
GLTA
Polaris1,
I have an opinion on the subject but first a question for everyone..
Why did the A/S get raised? It wasn't for the game deal IMHO because the way I see that math is as follows:
A/S Count prior to deal 1.5B
O/S Count prior to deal 1.3B
Which leaves 200M shares by my math.
If the movie company is getting 10% or less shares for the 5M investment then it would mean that they are getting 150M or 200M to go with baseball's number) for the deal.
If we still have 200M shares left then why did we raise the A/S count for this deal? Granted it would have put them very close to the A/S count to do this but with the RR series coming soon and the fact that they made a small profit last year that should not have been a problem in my mind.
Someone on here once said "think pennies and you get pennies, think dollars and you get dollars"..I still believe that it applies to both sides..
Just my thoughts, feel free to delete if i am off topic..
GLTA
DFW,
"The funding is project based and associated with the game being produced. SDVI will develop, GRAFFITI will make money manufacturing and distributing the game but Yamani will retain royalties and receive 10% of the company for ONE game."
IMHO and to be fair, I think the missing piece to that puzzle is how much of the royalties from the game sales are going to Yamani. Is it 10% or 100% or somwhere in between?
If it's 100% then the deal is not as good as it seems since SDVI'S profit would be maxed out at the 5 mill minus the development cost. No to mention that they will have a part of their team tied up on the project for a year or so when they could be developing future games for SDVI.
Guess we will see how it all plays out!!
GLTA and have a great weekend...
BINGO!! We have a winner...Until they show that these moves add to the bottom line and increase investor ROI we will be flat or trending down, IMHO.
Sucks for me really as I really had high hopes..
Live and learn..
GLTA
punk153,
I agree it happens all the time but that is not what was stated in a previous PR.
"I wanted to assure shareholders that the current set of deals we have in place with respect to Y7 Capital partners is not at the expense of Signature Devices, Inc.," stated Kenneth Hurley, CEO of Signature Devices, Inc. "Y7 Capital is a joint venture, whereby we are bringing the acquisitions to the venture and Yamani Pictures is funding the opportunities."
Never did mention the fact that part of the deal involved giving up part of the company did it?
"This in no way affects our current business model or is a drain on cash flow with respect to our video game business"
True!! It was done on the backs of the shareholders by diluting our stake..
I guess we will see in the long run if the value is there or not..
Don't worry, I am done with my rant and will check back with you all down the road..
GLTA
"Shares were used for the acquisition of 7 level is that a bad thing???
Guess we see it differently then as I have not seen any revenue numbers from 7th. level yet. How does buying a company with no revenue that I can see and diluting the current SDVI share holders help? It's not like they used the shares to purchase ERTS or some other known entity, IMHO.
"Shares were used for the 5 million investment to make a game is that a bad thing??? "
This still makes no sense to me????
SDVI - "I will give you XX shares and create a game for you in exchange for 5 million dollars"
Yam - Yea that sounds great...
No offense but everything I have seen lately is pointing to a desperate need for cash for SDVI and that scares me..
These acquisitions are only a good thing if they bring revenue to bottom line, period...
GLTA
"Comparing SDVI - LFBG...
SDVI has 2B O/S, LFBG has 3B O/S
SDVI has 1.2B A/S(?), LFBG has 1.8B A/S
SDVI is profitable, LFBG...
SDVI has 300M to invest, LFBG...
SDVI has RR which will sell like hot cakes, LFBG...
SDVI pps is 0.0017, LFBG pps is 0.0037
??????????? "
Hard to believe isn't it??
I personally think one of the biggest problems may be the continued increase in the A/S count.
7/5/2006 - A/S Count 450M
2/20/2009 - Moved to 950M
11/13/2009 - Moved to 1.5B
5/27/2010 - Moved to 2.0B
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=hM5PiBspITuFbwVeotDxlg%253d%253d&CorpName=SIGNATURE+DEVICES%2c+INC.
Increasing the A/S count up over 1B in a little over a year will hurt investor confidence in any stock. I think most people including me were expecting a decrease coming soon since they should be making money, so I was surprised by this.
GLTA
"forget about .01 for now and let concentrate on .003-.005"
Sounds about right, IMHO..
Blake,
"I didn't fault anyone for taking profits on Friday kind of wish I had."
I don't blame anyone either and make no mistake about it that I trade the pinks all day, every day and that is the objective - buy low and the sell the run before the pull-back for a profit.
The point I was trying to make is the if members of this board are honest in their count of how much of float they have "locked-up" this should have seen .01 easy with-out the sell-off, IMHO.
Mind you have no PROBLEM with people selling for a profit on the runs but everyone should be honest with their intentions, don't you think? Imagine my surprise after reading several of the frequent posters on here who claimed this was a .03 - .05 cent stock admit they had sold chunks off during the ralley which probally helped the pull-back.
"How do you figure this is a traders stock we have not had any real significant volume in months."
You are correct on that but I am now convinced that we see the same type of sell-off as Friday with any increase in volume for awhile with people locking in profit.
"I truly believe in my gut that this stock will eventually head north of .01 and you will have to ask yourself what side of history you want to be on at that time."
I thought that same thing prior to Friday..With all the float mostly locked-up and the good things that the company has going for it I thought it was a slam dunk. Now I honestly believe that it will not happen until the share count is lower, but I could be wrong..
GLTA
"AGREE WITH THAT INVESTORS WILL BUY BETWEEN 0.01 AND 0.02 OF THESE ARE .. because LOWEST PRICE FOR THIS STOCK "
I might have agreed with you prior to Friday but I don't see it now. It became very clear after Friday that this is a traders stock period. I have been reading for months now how much of the float was "locked-up" by members of this board and they were holding till .01 at least yet once it doubled some were selling as fast as they could. Don't get me wrong selling the jump and locking in profit is fine but don't expect to see it get anyway close to .01 with all the selling going on.
It's now a target trade..GLTA
Full Disclosure: did not sell a single share, yet...GLTA
Yes they did twice at .0019, sad really if you think about it.. Have a great holiday weekend everyone..
Level II Update:
Current snapshot:
Bid:
3 @ .0015
1 @ .0014
2 @ .0010
Ask:
1 @ .0016
1 @ .0019
1 @ .0027
A little ragged, IMHO but the bid support looks like it is forming at 15..
GLTA
"Anybody have L2?"
I do and the current snapshot is as follows:
Bid:
1 @ .0016
2 @ .0015
1 @ .0014
Ask:
1 @ .0018
1 @ .0019
1 @ .0027
GLTA
"if this does trade again you will see this open sub pennies IMO .."
Funny thing, that is where it was trading before the run and I know because I had been buying it for months under a penny thinking the company has real potential for the long term.
Then the rumors started (IHUB Message board was the first place I saw it) that they would be part of the BP clean-up and all he!! broke loose with the stock. At that point I had to bail but have been watching it ever since.
You have to think that company saw the stock price jump and the frenzy going on with and started feeding the rumor, dropping hints that they could be part of the clean-up just to keep the run going. I hope for investor's sake that I am wrong and it is just my opinion on the current situation..
GLTA
WOW is all I can say!! I don't think we have found the bottom yet for SDVI.
GLTA
"Nice close."
WTF???
SDVI, No more fluff PR's please as my account can't handle much more..Please just give me something that confirms that I will make money if I hold this long term.
I don't want to hear about roller coasters and highly paid executives that cost money, I want to hear about revenue and sales, period.
GLTA
True...Very True...