Yesterday went back in the ring
To take another swing!

This run is sustainable if there aren't any more nasty surprises from the company.

Number of diluted shares + ( possible future financing shares) – outstanding shares = shares to hit market.

Those shares to hit the market are held by big money, so I expect a coordinated pump in the future so they can dump those shares (maybe we’re in the middle of that pump right now).

http://my-free-vector-art.com/vectors_jpg/RAGING_BULL_MARKET.jpg

Yes. $15 million, as in "fifteen million dollars." Look at the "paid in capital" line item in the latest consolidated balance sheet (unaudited).

2 year MSLP shareholder gives CEO Brad Pyatt a piece of his mind:

http://static5.businessinsider.com/image/4cb354457f8b9a34289a0800-397-298/punch.jpg

GGCO is a reverse splitting machine. Every 3 years like clock work. 500 for 1, 1000 for 1 twice.

Capital Change=shs decreased by 1 for 1000 split. Ex date=07/11/2012.

Capital Change=shs decreased by 1 for 1000 split Pay date=12/04/2009.

Capital Change=shs decreased by 1 for 500 split Pay date=10/23/2006.

They raised $15 million this last pump, which means they should have $15 million in cash. Don't know how long that's going to last with these guys.

"Christy Canyon"

Wasn't she an adult actress (porn star)? LMAO.

It's easy to have multiple IP addresses or not disclose your real IP address. You can have as many IP addresses as you do browsers on a single computer.

--use anonymous browsing.

--use a proxy server. Google: free proxy server list.

Up $4.80 to $6.80 (42%) in about a month without news, under the radar, without attracting day traders. A very bullish sign. Time to take a trading position again.

A very informative video and article for those considering investing in Chinese RTOs. I'm not saying all Chinese RTOs are scams but a word of caution...

"More than 100 China-based companies have now been de-listed, have left the NASDAQ and New York stock exchanges, have been denied listing, or have withdrawn applications, all following allegations of fraud or accounting irregularities, the ABC News investigation found.

"Companies were able to exaggerate and in some cases fabricate their earnings reports, hiding behind an opaque Chinese financial system that made it difficult for auditing firms to verify the numbers. Many of the companies were located in rural parts of China where it could be difficult to verify that factories were actually producing the goods they had been describing to investors on glossy brochures and in presentations at lavish conferences."

Notice the part in the video where they explain how "investors tour" are set up by some companies.


http://abcnews.go.com/Blotter/us-investors-lose-billions-alleged-chinese-stock-schemes/story?id=18164787

Nefariouswu,

If you need a legal recourse to recoup your LPH investment, I know a guy who knows a guy who knows this lawyer. He’s supposed to be the best in the business. Give him a call!

http://www.bettercallsaul.com/

"The ethics of Musclepharm is not to make a ton of money." Great quote from a CEO.

Addendum to the quote, "...nor lose a ton of money."

That sounds fair but the reason I used 6 months from today is because I've been in DROP for about 6 months already and plan to liquidate the majority of my position within the next 6 months, IF things go according to plan.

Either way is fine with me.

I'm off the boards for awhile. Need to schedule photoshoots with hot models for the spring and summer. It involves a lot of energy because of the groveling, plotting, scheming, and begging required for the task.

Have fun.

That, Rookie, is some def due diligence. Good for you.

Folks, my money is on Rookie.

"...if you ask me if I know another stock right now with more potential for the moment, I think I couldn't come up with an answer."

Just for fun, let's compare two stocks that I both own: SIAF vs. DROP.

Let's assume we're investing and not trading these stocks and use a 6 month time frame.

Let the fun begin...

We'll have to agree to disagree.

"... he obviously didn't embrace any of the explanations he got the last time he was throwing assumptions."

Swede, how can I? If I suspect there may be accounting irregularity (inflated revenue) and someone keeps pointing me to the company's financials, that's a moot point. I suspect those numbers may be inflated and people keep telling me to use them. By its very nature, accounting irregularity means numbers from the financials should NOT be used for calculating and forecasting.

Now, you see why I don't bother to reply to some of those posts?

A very valid and excellent question, Traderfan.

1. Lock in my profit. I have two solid Chinese stocks and they have not been able to break P/E of 3. To stay in 100% would mean I'm pinning my hope on Swedish investors to be very receptive to Chinese RTOs to break the P/E barrier.

2. I have other stocks on my watchlist that I think have more potential.

3. Less stress, sleep better at night. After reading the LPH board, I feel for those guys and don't want to go through the same thing. Peace of mind is priceless.

Warren Buffett's #1 rule to making money: Don't lose money (capital preservation).

This is meant for potential SIAF investors who want to do further due diligence on the company. Over 90% of the recent 50 chiscams were the result of accounting fraud. And all 50 of them had their books audited by U.S. accounting firms, some even by the top 4 accounting firms. So if something looks suspicious to you or doesn't add up and someone uses the, "I'm using numbers directly from company's audited financials!" That's how all the other thousands of investors got hoodwinked, because they relied on the financials of the company. Any possible accounting irregularity means one should NOT depend on the company's financials for calculating or forecasting.

SIAF's accounting firm and auditor is Madsen & Associates CPAs of Murray, Utah, U.S.

--During a December 21, 2009 (PCAOB) Public Company Accounting Oversight Board inspection of Madsen & Associates, the PCAOB found some glaring deficiencies in the company's practices.

--In 2010, a member of Madsen's auditing committee, L. REX ANDERSEN, CPA, was charged with accounting fraud by the SEC.

--In the last 2 months alone, Madsen has lost 3 big clients.

-------------------------------------
PCAOB (Public Company Accounting Oversight Board) inspection of Madsen & Associates

"...competent evidential matter to support its opinion on the issuer's financial statements.9/ Those deficiencies were–

(1) the Firm's failure to identify, or to address appropriately, a departure from GAAP that related to potentially material misstatements in the audited financial statements concerning the presentation of non-cash transactions in the statement of cash flows;

(2) the Firm's failure to identify, or to address appropriately, a departure from GAAP that related to a potentially material misstatement in the audited financial statements concerning the lack of certain required disclosures relating to a business acquisition;

(3) the failure to perform sufficient procedures related to a business combination;

(4) the failure, in two audits, to perform sufficient procedures related to stock based compensation;

(5) the failure to perform sufficient procedures related to convertible preferred stock; and

(6) the failure to perform sufficient procedures related to common stock with a put option.

Two of the deficiencies described above related to auditing an aspect of an issuer's financial statements that the issuer revised in a restatement subsequent to primary inspection procedures.1
--------------------------------------------

Madsen & Associates CPA's Inc. Key Developments
Imperial Resources, Inc. Announces Auditor Changes

Mar 1 13
On or about February 26, 2013, Imperial Resources, Inc.formally informed Madsen & Associates CPAs, Inc. of their dismissal as the company’s independent registered public accounting firm. As the company does not have an audit committee, the decision to change principal accountants was approved by the company's Board of Directors. On, or about February 26, 2013 the company engaged Sadler, Gibb & Associates, L.L.C. as its principal accountant to audit the company's financial statements as successor to Madsen.

Delta Mutual Announces Auditor Changes
Feb 21 13

On February 20, 2013, the Board of Directors of the Delta Mutual, Inc. accepted the resignation of Madsen & Associates, CPA’s Inc., its independent registered public accounting firm. On the same date, February 20, 2013, the accounting firm of MaloneBailey, LLP was engaged as the company's new independent registered public accounting firm, to audit the company’s financial statements for its fiscal year ended December 31, 2012.

China Green Creative, Inc. Announces Auditor Changes
Jan 31 13

On January 30, 2013 China Green Creative, Inc. dismissed Madsen & Associates CPA's Inc. as its independent registered accounting firm, Madsen reported on the company's financial statements for the years ended December 31, 2011 and 2010. Their opinion did not contain an adverse opinion or a disclaimer of opinion, and was not qualified as to uncertainty, audit scope, or accounting principles but was modified as to a going concern. Effective January 30, 2013, the company engaged Albert Wong & Co. LLP as the company's new independent registered public accounting firm. The decision to engage Albert Wong & Co. was approved by the board of directors.

--------------------------------------------


http://pcaobus.org/Inspections/Reports/Documents/2009_Madsen_Associates.pdf


http://www.sec.gov/litigation/admin/2010/34-62262.pdf


http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=9262842

I would like to continue this conversation with you but I need to end it here. The gist of my original two posts was although IZEA has enormous potential, shareholders should expect dilution and "possibly" massive dilution. I decided to include numbers from the company's SEC filing on the subject because no one had done it.

Now, we're arguing semantics, when Dr. Frost invested, GAAP issues, what "not 100% dilutive" means, etc. I'm afraid if this continues, we'll be soon be discussing when Humans will inhabit Mars and if Dr. Frost will finance that mission with his Izea shares.


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84694204

"Dr. Frost has owned this stock for years, at least since this S-1 filed on 11/10/2011 when he declared a 6.4 % interest. Go to page 51 of this S-1 filing:"

I don't know what this has to do with anything. Only when Dr. Frost INCREASED his holdings to 9.1% and that was ANNOUNCED did the stock pop about 300% last month. That was my point. I think for one reason or another, you're digging up arcane points for arguments sake.

"Also, you are not following GAAP accounting methods when you count all the shares reserved for issuance under the incentive plan as "fully diluted", only shares that have actually been awarded AND are "in the money" are counted as "fully diluted" by GAAP."

I took two years of accounting, so I'd like to think I know a bit of what I'm talking about. When "fully diluted" shares are discussed, they are GENERALLY accepted to be NON-GAAP to simplify matters. Almost all investors and even the SEC recognize this fact, except maybe for some newbies. Otherwise, everyone would have their own estimation because no one knows for for certain when some or all those possible sources of conversion will take place. Do you know exactly when some or all of those 11.6 million incentive shares will be converted? I don't. I'm sure no one on this board knows, either. So, for simplicity's sake, we generally include them all in the "fully diluted" category until they're converted.

"Securities and Exchange Commission, earnings per share ratios based on fully diluted shares are considered to be non-GAAP financial measures because fully diluted shares represents shares outstanding, as determined on a GAAP basis, with certain adjustments that are made outside of GAAP."

Definition of 'Fully Diluted Shares'
The total number of shares that would be outstanding if all possible sources of conversion, such as convertible bonds and stock options, were exercised. Companies often release specific financial figures in terms of fully diluted shares outstanding (such as the company’s profits reported on a fully diluted per share basis) to allow investors the ability to properly assess the company's financial situation.

Investopedia explains 'Fully Diluted Shares'
An investor should consider carefully the fully diluted share amount because it can cause a company's share price to plummet significantly if a large number of option holders or convertible bond holders decide to claim their stock.

For example, let's say that XYZ Corp. currently has 1 million shares outstanding, 1 million options outstanding (assuming each option gives the right to buy one share) and its share price is $5. If everyone decides to exercise their options, there would be 2 million shares outstanding and the share price would likely drop to $2.50."

I like the fact you like to look into matters and not taking them at face value. Keep up the good due diligence.

Even for my lottery stocks, I tend to stay away from mining start-ups. But what attracted me to GGCO was that it was already producing gold.

January Production Results
-----------------------------
Feb. 12, 2013 "...the company produced 684 grams during the month of January. Production in January was approximately 12 days, with typical full production month being 20 to 22 days... Management is confident that it will still attain its forecast of a 20% increase in production for the first quarter of 2013 over the same period last year. This will be achieved with the completion of its move to what is believed to be a much more productive area."


( 684 / 12) x 21 days = 1,197 grams. 1,197 grams = 42.2 ounces per month.

$1,577 per ounce current price x 42.2 ounces = $66,549 per month.
12 x $66,549 = $798,588 per year of gold production.

Even assuming 20% sequential quarterly increase, the company is expected to only produce over $1.2 million of gold per year.

But,

Robert Kirkcaldy , COO states, "We look forward to completing the move and getting all of our equipment working together optimizing our alluvial production. I expect March we'll be able to share production output reports with some great results."

We'll see.

"Only way to make big gains is take huge risks."

Huge risk to me is playing poker, drawing for the flush while I suspect my opponent has trips.

Investing involves CALCULATED risk because we often, not always, have more information to base our decision.

Some of the world's richest people are stock pickers, such as Warren Buffett and many hedge fund managers. Warren Buffett's #1 rule to making money: Don't lose money.

I've done well to date but that could change any time. I think there is more to it than taking huge risks and luck.

Yes. More weight should be given to buy side. Some reasons for selling: pay taxes, new car, living expenses, locking in profit..

One reason to buy: anticipation of pps increase.

Here's a question to ponder for the weekend for all those traders who love to monitor every facet of the stock's movement during the day. What is more telling of a stock's future price?

--When insiders buy. Or

--when insiders sell.

Or when investors buy or sell in general.

IMO, the way to play pennies like Ghana Gold is to sit out the pump and dump stage or take a very SMALL position (get foot in door), then sit back and wait until the stock falls 50%-99% and see what the company does with the money it had raised during the pump. If it shows potential, then add more. If the money is going to support the lavish lifestyles of management (using shares as their personal ATM machine), then dump and get out.

I don’t consider stocks like these as investments but more of something I would spend my poker money on. I’m either going to lose it all or walk away with a 10-20 bagger.

Izea: When they announced that billionaire Dr. Frost had taken a 9.1% interest last month the stock popped from $.167 to $.485 (about 300%). Then the traders left, and here we are. I’ve taken an initial position and will accumulate. Izea has huge potential in the next 12 months, IMO. Its platform is complete and it has the first-mover advantage in the space.

Reebook Crossfit is worldwide. There are about 5,000 Crossfit locations around the globe, around 3,900 of those in the U.S. IMO, EnerJel is a perfect fit for Crossfit and other fitness centres. If we can sell just one (only one) EnerJel at each Crossfit location per day…do the math on that one. Hope Daymond John comes through with his announced intentions for Fuse…

http://maps.crossfit.com

“So I am wondering if the version of the DROP's going into retail is going to be different than the ones being purchased off the website."

HSmith,

I’m not sure if refinements or changes have been made to the DROPs since, so no answer there. But if there are two versions now, then we should expect only one version in the future. It wouldn’t make sense from a manufacturing standpoint to have two different versions. I’m guessing that whatever version is faster-acting, not necessary cheaper to produce, will become the final version—DJ really emphasized the “energy in 15 seconds” feature of the DROPs.

Also, the impression I got from watching the segment was that DJ had been on board for some time and his involvement only announced last week. Also, from DJ’s words, the national distribution deals appeared to be done and only need to be formally announced. That was the impression I got from both interviews.

Daymond John’s net worth is estimated at $250 million, so I don’t think initial production to meet national distribution deals will be a problem with his involvement. The products have about 70% margin, so $40 million in retail inventory, for example, is only $12 million book value, something DJ can easily finance. It all depends on how his deal is structured with Fuse.

Now, let me take this opportunity to brag.

--When DROP was at $.17 on Feb. 12, even before the DJ news, I wrote that Fuse was going to be e-z money in the next two months. E-z as a-b-c 1-2-3. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84511870

--After DROP made the move past the Golden Cross, I wrote that there was “pent-up” news waiting to be released (bottom paragraph). http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84683624

--Then when DROP was added to ProShares Ultra Short ETF, some became concerned and I wrote it was a non-issue and not to worry about it.

--If I wrote what you can expect in next 12 months, it’s likely my post will get removed because it’ll sound like I’m paid pumper. Heck, even Bgrass is going to come out of this looking like he made the best financial decision of his life when he bought DROP at $.79…Sit back and enjoy the ride. Expect some bumps along the way, but it’s going to be a nice ride.

http://www.celebritynetworth.com/richest-businessmen/ceos/daymond-john-net-worth/

HSmith,

You've become quite an analytical storm. Good for you. My reasoning was that Tiger Woods was worth $600 million. He doesn't manage his own money but has an entire team to do it for him. Those people rely on his worth as a brand to make a living. So, if they say Fuse is good enough for his investment portfolio, it's good enough for me. Of course they're human and prone to error but there's risk in every investment. And none of us has forgotten that DROP is still a pinkie. Nor have we forgotten that it also has a proprietary technology that may or may not change how nutrients and medicines are delivered.

Warren Buffett had a saying, I'm paraphrasing here, "You'll make money not because of the opinions of others but because your analysis is wrong or right."

Shore, I apologize but I don't have private PM. It keeps me out of trouble.

You'll save yourself a lot and make a lot of money if you put the horse before the carriage.

--fundamentals (revenue, growth, profit, management, distinct business advantages, etc.)

--pps (daily fluctuation, who's buying, why, speculation, etc.)

Which is the horse and which the carriage? One precedes the other.

Thanks.

Snow, I don't have private PM. Sorry.

It keeps me out of trouble.

"PHI should own only 35,000 shares of CAVO."

"Should"? Is there any way to verify that number?

PHI has taken a minority interest in CAVO (Cavico Corp.). But CAVO has been a non-reporting status for awhile. The only way that I can think of for PHI to make a return its CAVO investment is if CAVO files its 10Q and 10K and becomes a reporting company again.

Since PHI and CAVO share some common BOD members (Phan and Bui), would it be safe to assume that PHI knows something about CAVO that we don't? Perhaps CAVO will be a reporting company again? That would be huge.

Is there any fallacy in my thinking?

The par value pps of RAYS is 0.001
There are 200,000,000 authorized shares.

The par value of the company as a shell is $200,000.

Now if you can buy at $0.0006 ($120,000 par value), then that leaves about a $80,000 cushion. The shares outstanding is only 50 million.

Sounds like a good play if you have a few hundred that you won't need for about a year.

If there's one thing these guys know how to do is run up a stock.

http://www.otcmarkets.com/stock/RAYS/company-info

FITX looks like a well-managed company.

Does anyone know what the estimated revenue for the next quarter is?

And estimated revenue for fiscal 2013?

Thank-you.

To reduce your chance of bitten by a shark, stay out of shark infested water.

I don't own any LPH but after reading your posts, I feel for you. I hope things work out for you.

It appears that LPH was a very elaborate and carefully orchestrated scam, IMO. Common sense tells me that if the company was innocent it would have filed lawsuits and counter-lawsuits by now.

Again, it may not be a good idea to go all-in with your capital on Chinese companies at this time until the laws have changed.
-------------------------------------

"We made a decision to close our Beijing office months ago and wind down our China operations," stated Dave Gentry, President and CEO of RedChip. "Wall Street has, for the most part, lost confidence in the financial reporting of U.S.-listed Chinese companies. We are concerned that Big Four accounting firms were unable to detect financial fraud in companies like Sino-Forest and Longtop Financial."

Mr. Gentry continued, "When multi-billion dollar funds like Paulson & Co. and The Carlyle Group, with their unlimited resources, are unable to detect fraud in their Chinese-based portfolio companies; when top-tier investment banks like Goldman Sachs are unable to detect fraud in their Chinese-client companies; then I think reasonable investors must take a step back and seriously consider whether the potential rewards outweigh the downside risks of investing in U.S.-listed Chinese companies. We simply are not willing to take the risk."

"If we cannot trust the audit work of firms registered with the Public Company Accounting Oversight Board ("PCAOB"), which is the final line of defense against accounting fraud in Chinese companies listed in the U.S., as has been proven in dozens of cases over the past two years, and the Chinese regulatory authorities are not willing to work with the U.S. Securities and Exchange Commission ("SEC") and the PCAOB in helping uncover fraud and punish wrong-doers, and apparently they are not, then it is time for investors to jettison the China sector," stated Mr. Gentry.

Over 50 Chinese companies have either been delisted or defaulted off the NASDAQ or NYSE over the last 24 months.

Snow,

If I tell you:

1. Moderator removes post because it's against TOS.

2. It depends on your investment style and tolerance for risk. If I say, "I think abc is has the most potential because.." You may say, "I think it's a dud because..."

Then we just get into a moot argument. It depends on one's investment style.

The LPH warning signs were all over the place in March, 2010, about three years ago. Some didn't want to entertain the possibility and even admonished those posters who brought up those red flags.

Now, I a few LPH shareholders are bringing their unbridled fervor to other Chinese RTOs. This leads me to conclude that some of us have not learned from history.

My suggestion to any potential investor is not to put more than 10% of their capital into companies where most of their assets are overseas. Despite their enormous potential, SIAF for example, there is very little recourse or due process when things go wrong. You may not hit the jacket but you don't have to worry about losing most or all of your capital like others have.

Caveat emptor.

There was recently a company that was considered much more prestigious than SIAF that was a bust.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47842662

"Most of us invested in this company have done very extensive DD on it...Have met management, listened to conference calls, watched videos of the facilities, spoken to IR for many hours, etc.."

http://investorshub.advfn.com/boards/replies.aspx?msg=47842662

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83037739

"And frankly, the attitudes of some people here are exactly what we find with people pumping scams." [whether perceived or real is another matter.]

And a classic from a poster called RealDutch who, despite overwhelming CCTV evidence, encouraged LPH longs to stay strong. Do your DD and find that one. It's a good chuckle.