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So the bulbs help with the dust, that is awesome
You act like you talked to Adam, and he said 15 days, he has never said 15 days and never will. It will be filed ah today, like it always is, they are not changing the way they file to semi annual, I know you and Adam talk alot and you have lot of inside info, but it is being filed today.
Why would anybody sell now, at .0034 when 10Q is out after hours is beyond me
If it is filed by 5:30 today the whole board is right and you were wrong. Can you at least admit that. I have said all along that it would be filed after hours, they have filed ah for the last 10 of the last 12 filings. And again I say why would they change.
Since ZVTK has never filed a semi annual 10Q would that not be a change in operations and filings. They stated that no changes in operations this last year. From the NT10Q
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
¨ Yes T No
ZVTK will file after hours, they always do, of the last 10 out of 12 filings, why change now.
What time does ZVTK office open after lunch, I dont think there are any lights on at the office yet.
I cant see why he would want to file a semi-annual 10Q and make more work for himself to get 10 extra days.
Look at the 2008 2nd quarter 10Q filing
filed NT10Q which means filing for a extension on 2/14/2008
filed 10Q on 2/19/2008
They did not file for a extension in 2009 on the 2nd quarter
If history proves itself, ZVTk has filed for a extension 9 out of last 12 filings, and 10 of the filings had been received after hours,and one at 12:30 and one at 2:30, so I would really be surprised if it comes out during market hours tomorrow, they have till 5:30, I am sure when Adam gets up at 11 he will go to accountant and make sure it is ok before they file.
Looking back at all the previous filings, ZVTK has filed late 9 out of 12 of the last filings. When you move up from pinksheets to the OTC board, you have to be more accountable and keep your filings on time. Most of the time if a company like spng is late it is for a reason and it is usually not because they dont have the info together yet. ZVTK is using the extra 5 calendar days, like that is the deadline, I think the SEC gives companies those days for emergency cases, to get info together, a company should not abuse the extended time, just because they can. They had 47 days to do a 3 month report, now it is taking 53 days to do a quarterly report. Get rid of your pinksheet accountants and get a firm that can put out the reports on time, quit jerking us around as investors.
the 10Q is due on Monday, which means they could report at 5:30 monday evening anything after 5:30 is considered the next day, which means they would be late
Remove the item from your cart, and hit ionic bulb on the top left of screen and you can change the amount of bulbs you want. For some reason every 3rd set is only 7.95 in shipping, 3 sets of 4 bulbs is 7.95 and 6 sets of 4 bulbs is 7.95 in shipping all other amounts are 15.90 for shipping.
I have never understood this but they charge 15.90 for the 4 bulb pack for shipping, 15.90 for 2 sets of the 4 pack, or 7.95 for 3 sets of the 4 pack 12 bulbs total
I have ordered 3 times of the 3 sets of the 4 pack for a total of 67.92
I cant help if everyone is selling, but I do believe the revenue is there and they have a really good product. How Adam runs the company now will tell the difference, Adam said in email to someone that they were at a crossroad, does this mean to be a legit company and help the company to be strong and profitable, or take the money and run, time will tell.
the 10q is not going to tell the pic of revenue
12/21/09 Invoice #333480295
12/30/09 Invoice #333498187
17892 Invoices in 9 days is 1988 Invoices a day
Now we are averaging 3400 Invoices a day after tv ads, that is why they are running more ads and spending the money for tv spots
We are getting 1400 more invoices a day after the ads on tv, that is a 71% gain of revenue
200,909 / 59 days is 3405 Invoices a day, i have been keeping track of invoice #'s since Dec. 21 and they are in order. Look at the past 7 days.
2/11/10 Invoice #333657552
2/18/10 Invoice #333681204
That is 23652 Invoices in last 7 days = 3379 Invoices a day
Probably making 102k to 138k a day on rev
Why did you buy the 10 bulb pack for a total of 99.98, when you can get 3 sets of the 4 pack deal , 12 bulbs total for 67.92. Go to the ionic bulb web site and try different amounts.
Quarterly Report is due in 5 calendar days, so does that mean by friday. The report would be due on sunday, but isnt sec closed on weekend.
75 million shares at a price of .005 would be worth 375,000, if he has to sell 5 million dollars of sales, that is like a 7 1/2% commission
Does this mean Ryu has to sell 5 million dollars worth of sales, on his own, like with contracts to foreign co, etc. Not the sales that are on tv or on the website
Looking at the last 10Q
Ryu will not get his 75 million shares for the licensing agreement unless he sells 5 million dollars worth of bulbs by Feb. 28 2010, called incentive shares. I would say we had 5 million dollars worth of sales.
On February 24, 2009, the Company entered into an Exclusive License and Sales Agreement whereby the Company has worldwide exclusive rights to manufacture, market use, sell, distribute and advertise certain licensed products. The license is on a year to year basis with automatic renewal subject to the Company re-acquire listing on the OTC BB exchange by February 14, 2010 and files all quarterly and annual reports by due dates, inclusive of allowable extensions.
In exchange for the exclusive license, the Company issued 50,000,000 shares of its common stock. The license was valued at the market price of the underlying security.
In addition, the Agreement also provides for the retention of Ryu as a non-exclusive independent contractor sales representative to obtain purchase orders for the Licensed Products on our behalf In consideration for his consulting services, we agreed to issue Ryu 750,000 shares of Common Stock for each $100,000 in gross sales of the Licensed Product by Ryu (or any Sales Associate hired by him) on or before February 28, 2010 up to a maximum of 75,000,000 shares of Common Stock (collectively, the “Incentive Shares” ). The Incentive Shares shall not vest unless Ryu (or any Sales Associate hired by him) shall have collectively procured gross sales of $5,000,000 for the Licensed Products on or before February 28, 2010 (the “Target” ). If Ryu fails to achieve the Target, such Incentive Shares shall be null and void and of no further force and effect.
Here is the link, on the bottom of level 2 it usually shows news on the co that I am looking at on level 2 but is mistake
http://ih.advfn.com/p.php?pid=nmona&article=41521601&cb=1265999572
My mistake it was on my level 2 news, I thought it was ZVTK, was another co
That is .0011% of households bought bulbs
Dont forget about those that rent lol
Ok lets think about this
177,257 Invoices
Many people have put in multiple orders, including myself, I have ordered 4 times for myself and family, and each order was over 40.00
177,257 divide that by 3 orders, that would take only 59,000 people to order bulbs to have that many invoices, why is that so far fetched
At the last concensus July 2008 there were 304,059,724 people living in United States, do you think 59,000 people could have really order light bulbs?
Of course the Invoice numbers are not in order,with IFS company, you asked the wrong question, they are selling for other companies that many have been talking about for months now. The Invoices that start with ION are the invoices for Ionic bulb, and these invoice are in order. So to a sales person for IFS takes a order for today for Ionic bulb Invoice #ION 333657552 and takes a order for a Tee shirt Invoice # SKY 333254874 these invoices are not in order.
177,257 Orders
Dec. 21 Invoice #333480295
Feb. 11 Invoice #333657552
177,257 Invoices / 52 days = 3408 Invoices a day / 24 hours =142 a hour
What is a good sign is this
Feb. 6 Invoice #333636281
Feb. 11 Invoice #333657552
21,271 Invoices in last 5 days = 4254 Invoices a day / 24 hours =177 per hour
They did not need to give out numbers for sales of January, if they were bad, there would be no more ads, would not hire advertising firm, or go retail.
I agree with you, everyone has been crying news news news, and when they come out with some news on hiring a new advertising firm, having more ads, going into retail stores, then these crybabies say we want dates of ads, names of retail stores, cost of goods, how much revenue, how many shares.
Business wise, they had a tv ad and the bulbs sold, then they ran another set of tv ads, and the bulbs are selling and revenue is coming in, now for the next leg, more ads, hiring a marketing firm to help to get this to fly, go into retail stores all over the country.
nearby means that the store is close to you, trusted means that you shop there a lot, retailer means they will sell a trailor load of bulbs.
155,986 orders
Dec. 21 Invoice #333480295
Feb. 6 Invoice #333636281
155,986 Invoices in 47 days = 3318 Invoices a day or 138 a hour average
Dec 21 Invoice #333480295
Feb 2 Invoice #333624850
144,555 Invoices in 43 days = 3361 Invoices a day average
or 140 a hour average
Dec. 21 is the first day ZVTK started sell bulbs, here is the link. This Invoice #333480295 was before yours.
http://finance.yahoo.com/news/Zevotek-to-Sell-Ionic-Bulbs-pz-3525399266.html?x=0&.v=1
Shipping fees are only 7.95 when you order 3 sets of the 4 bulbs, if you order 1,2,4,5 sets of the 4 pack shipping is 15.90
Just ordered my 4th order for some more family members of 12 bulbs
Jan. 28 Invoice #333581086
Dec. 21 Invoice #333480295
100,791 orders
Jan 28 Invoice #333580505
Dec 21 Invoice #333480295
100,210 Invoices in 38 days = 2637 Invoices per day average
Shipping Fees have changed, when you order a 4 pack it is 15.90 now
stockmaster i agree with you, i know the invoices are in order, I have been watching them since Dec. 21 and watching the invoice count get higher every week, it is no use trying to argue with invoice #'s , it is sad that is all we have to go on and no news with sales from ZVTK, that is why we are going down every day, all we have heard about is expenses, the warehouse, call center, tv ads, new employees, etc, and the rumor of dillution, some news on income is needed or we are going down.