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"The bad part is that money spent to dollar earned is still too high. This is getting better though."
A huge factor in this was due to legal and professional costs. Moving forward, with the lawsuit settled, their bottom line should be much better. By my estimation, the '08 financials should be right a $1M in gross sales.
Thanks for that!
Manti, Thanks for clearing that up for me. It's just confusing to me why yesterdays T was sold at higher than the actual price. ...always at .0006 it seems.
I appreciate any information you care to give me. I don't want to spam this board with general questions though so I've just been trying to learn as I go.
Thanks again.
lol I think we're holding one every day on this board.
The more I think about these T-trades the more I think that they are a share buy back obligation being fulfilled by ASR. I could be completely off on that though. Yesterdays T-trade didn't make any sense to me otherwise.
How many shares are for sale at .0007? ...and how do you know that is a sign of dilution?
Just curious.
I just don't see any significance of AudioStocks in relation to ASFX. They are just a PR distribution channel for a variety of companies which happens to include ASFX. Even if AudioStocks did go under it wouldn't impact ASFX. It's not like AudioStocks is the only PR pusher in town.
I don't have any feel for how long the .0005s will last. I would guess that with no new news they will last as long as they did last time and we'll be back in the .0007s again. Not that it really matters anyway at this point. It's all just daily flux IMO.
Honestly, I have no idea. I WANT to think that the T-Trades are ASFX buying back shares from debtors at a pre-established price thus reducing their debt and the OS. However, I neither have proof of that nor do I know if that is even within the realm of possibility.
I don't even know HOW these T-Trades are happening. I thought that after hour trading didn't happen with pinks.
Actually, I find that rather encouraging. If there was a lot of pumping going on with ASFX I would actually be concerned. The bashers are common place and dismissible IMO. The only thing I know to do with that regard is to keep trying to bring the overall sentiment of ASFX back to neutral until current and relevant information is presented from an actual source.
With regards to Audiostocks... I think without any proof to back it, you are attempting to plant yet another seed of negativity and doubt. If you have proof please share. If you have no proof, please post your insinuations elsewhere.
If they follow the same time frame for publicly releasing Q3-'08 financials, we're looking at somewhere between the last week of April to the first week of May for the Q4-'08.
Do we know for a fact what these T-trades are?
The problem actually is that there are no current facts. All the information posted is either based on old news which may or may not be an issue anymore or it's based on assumed projections on the most recent news we have. Either way, we can't paint a real picture of how ASFX is doing right now because, well, we don't have any "paint".
Obviously, us longs are going to give a hopeful and positive opinion and the shorts (or non-invested, whatever) are going to give a negative opinion. Only ASFX knows what the truth of the matter is right now. Until they release some new information, arguing about it is pointless.
IMO, saying that ASFX will fail because of the old information we have is like saying that it IS going to rain on May 22 because it rained on May 22 last year. I'm betting on sunny and warm myself.
Great point! There is a very large liability involved and they must be careful in what they say or could lose their rights to sell product. Not to mention getting sued.
I agree with you that what you are proposing is one of the many possible scenarios, however, logically it doesn't make sense to me and this is why... ASFX is a real company with real product in stores. They are taking all of the necessary steps to grow their business. They are adding product lines to increase their market share in the industry. Finally, I think they are doing what they must to make the company viable. No legitimate company that is trying to grow and improve business would intentionally jeopardize themselves with what you are suggesting.
As with any company, they have had a bumpy road to get where they are today. They have obviously made some mistakes but they DID make it here. From here forward is what I am interested in.
If in fact they are pulling the wool over our eyes, they sure are going to a lot of trouble to do so. There are a lot easier ways to fool us out of our money.
Or it could be that this is not your typical pink and that they are actually trying to do things right. Not releasing a lot of BS fluff PR like most of the illegitimate pinks do tells me that they are different. It seems to me that they are trying to build a strong foundation and credibility. If they were out for a money scam we would have been seeing positive BS PR all along.
Hey Slaz... what does it mean when you post those?
TIA
Lots of volume this morning at the ask. Nice.
Sales growth was outstanding from the previous year and that doesn't include the last quarter of '08. Based on growth projections, the total sales for fiscal '08 could easily exceed $1M.
The outstanding debt is immaterial IMO. It can be easily re-negotiated or bought if the company is showing signs of growth which I think they are.
Nothing about this company screams "stay away" to me. It is an emerging company that seems to be legitimate. It has product in stores and they are selling well. Is it a high risk investment... yes. With greater risk comes greater potential for gain.
Bottom line... when they release the Q4-'08 financials... we will all know if they will be healthy or not.
I'm very anxious myself. This is worse than Christmas Eve. Just hope I don't get a lump of coal!
I don't really understand T-trades. Who is the seller / buyer? Is it the company buying back shares?
If today's pattern mirrors Monday's... we might find out what this ~5000 number means.
So true! I just wish I had more money to invest.
It jumped to .0007 and then T-trade at .0006. What just happened?!
800 shares sold at 0.0006. ?!
I think the whole economy is on life support at the moment.
Can't exit all at once. That's for sure. But who would want to? I'm waiting for that decimal point to move to the right a few times!
I believe that GREAT news is coming from ASFX and an uplist is in process. ...since we're talking about beliefs.
I wonder if it has anything to do with those T trades. Not really sure what "T trades" are or what they mean... just wondering.
Assuming that there is news... could Ron say anything without getting into trouble? I would think that any news he had would have to be announced publicly.
I think it's a coded message.
Warmy try and stick up for dog. Dog mean. Dog bit Warmy. Warmy no stick up for dog anymore.
"No uplist" is purely your opinion, based on no real informaton and probably completely false. Your consistant attempts to destroy this stock due to your personal and childish vendeta against Karuderer is getting irritating to say the least. Further more, given all of your efforts to bash this stock, I now believe that you have a short position.
There is no news of an uplist or no uplist either way. I believe based on what people have said here that ASFX wants to uplist and will try. Based on your increasing lack of credibility on this and other boards I choose to believe them.
This 70 mil number that you keep bringing up shows your complete lack of understanding of how business works. The number was a projection of earnings. All bisinesses project earnings. Some over estimate, some under estimate. ASR over estimated. It was a mistake that a lot of companies make. Get over it.
I think only ASR knows that answer. I agree, we need some news. That doesn't prevent me from trying to be active and doing something that might help. And if I'm not alone my efforts it could add up to something significant. The way I look at it, I'm already in for thousands... a couple hundred more in an effort to get the word out with real product isn't much.
Well, like homey said... Babies R Us and Walgreens... which I'll both visit as well as CVS. They can buy right off of Kidzmed.com as well as other sites also.
Yes it is. Shows that their exposure is not limited to only the United States. The figures aren't jaw dropping but I think they are pretty good considering there has been now REAL marketing of their products.
This brings up another point / idea. The CEO of the company I work for said recently... "In times of economic uncertainty, everyone needs to be a salesman." His meaning is that even though you might not hold the position of a salesman, everyone with a stake in the company should pitch in and promote sales. I think this also applies to us concerning ASFX.
So, here's what I plan on doing. I'm going to buy a few of these products and give them to my friends that have children. Since I think the products are pretty great, I think that my friends will also. Hopefully, they will tell their friends about them and so on. Word of mouth marketing is pretty powerful stuff.
Kidzmed web analytics - Thought this was a little interesting. Alexa web rank for Kidzmed.com...
Percent of global Internet users who visit this site
Yesterday_______1 wk. Avg_______3 mos. Avg______3 mos. Change
N/A*____________0.00015%________0.000054%_______up 150%
Traffic Rank for Kidzmed.com:
Alexa traffic rank based on a combined measure of page views and users (reach)
Yesterday_______1 wk. Avg.______3 mos. Avg._____3 mos. Change
N/A*____________671,033_________1,594,605_______up 1,223,920
Kidzmed traffic increased by 150% in 3 months and their rank surpassed 1,223,920 other websites in 3 months. Not outstanding but pretty good. The interesting part... look at last weeks "1 wk. Avg." It has increased significantly over the 3 month avg.
For comparison sake... Google.com is ranked #1 and Walmart is ranked # 270. So, of the 100s of millions of websites, Kidzmed is ranked at around 671,033. Not bad for a tiny company IMO. Might be growing some legs!
Yeah. I would think with Q1-'09 almost over the Q4-'08 financials will be released shortly. Based on Q1-Q3 of '08 growth, I think that Q4-'08 will be excellent and predict 2008 total sales over $1M. Additionally, with this lawsuit behind them, their legal expenses should be dropping and reducing their operational overhead.
This horse has been beat to a pulp and still trying to saddle it. I can't wait for some actual PR... not so much as for new company news as just something else to talk about and move off of this Kauderer bashing nonsense.
I'm not going to discuss this topic anymore. Let's please drop this, put the flames out and get this board healthy again.
EOM
So say we all.
""Look at me, I'm a squid! I'm a squid!"" LOL. Nice.
As for the rest of your post... agreed.
Enlighten me.