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Kramerika. Sound's not great.
Kramerica:
Thanks
When I said "highly doubtful" that sure sounds like an opinion whether it's stated as one or not.
I'll have to get in touch with Lassie and see if it's me.
Have a look at CKYS. Looks real, earnings etc. Talked to CEO last week. Jumped in big time - my first pink.
As a shareholder you have no personal liability obviously and if the company has no assets, then the judgement means nothing except bankruptcy, which is inevitable with or without the judgement if there are no assets.
Better than reading iHub all weekend. lol
Thanks, but it wasn't mine, I just reposed it.
The stores are in jeopardy only if the stores are in the public company which is highly doubtful.
Must reading for pink investors from somoene on the SLJB board.
Posted by: robotrader
In reply to: patrosz who wrote msg# 200583 Date:12/2/2006 11:26:47 AM
Post #of 200646
A Seinfeld analogy. Do you remember the episode where Kramer creates Kramerica the company and takes in an NYU business student as an intern? Kramer tells the kid they are going to solve the world's energy problems by designing a bladder for oil tankers that will prevent oil spills. They test this bladder by filling a balloon with oil and dropping it from the 5th floor of a building. The moment the balloon explodes on impact, Kramer, without almost so much as a blink, shifts the direction of the "company" to the food industry in a quest to create a product that mixes ketchup and mustard.
I thought when I saw this episode yesterday that this Kramerica would have made a great pinky penny stock. You could PR bullshit about how the market potential is in the billions, how you are an environmentally conscious company, how you're collaboarting with New York University, yadda yadda yadda. You could make it sound like a real sweet investment. Then when it all goes to hell you could shift forcus to the multi billion dollar food industry, change the ticker, wash, rinse, repeat.
When you read penny stock PRs always try to picture PV or Kramer as the CEO. Always assume every PR is an outright lie or gross exaggeration. Demand proof by cross referencing and asking tough questions. That way, if your company checks out, you can confidently average down when times are tough due to market or sector selloffs/pullbacks.
I am curious to see whether Domain's Berlin company turns out to be our Vandalay Industries and whether SLJB turns out to be of little more value than Kramerica -- Kramerica might actually be worth more as it has no debt and we have no proof that SLJB is profitable -- we have promises but no balance sheet. We have "Black Pete" instead of "Slippery Pete."
It's amazing how watching a few hundred hours of Seinfeld re-runs can make you a better investor and help you make more prudent decisions.
JMHO.
I've posted your Seinfeld post to SLJB and NWOG boards. Hope you don't mind.
A must read for Pink investors from the SLJB board.
Posted by: robotrader
In reply to: patrosz who wrote msg# 200583 Date:12/2/2006 11:26:47 AM
Post #of 200646
A Seinfeld analogy. Do you remember the episode where Kramer creates Kramerica the company and takes in an NYU business student as an intern? Kramer tells the kid they are going to solve the world's energy problems by designing a bladder for oil tankers that will prevent oil spills. They test this bladder by filling a balloon with oil and dropping it from the 5th floor of a building. The moment the balloon explodes on impact, Kramer, without almost so much as a blink, shifts the direction of the "company" to the food industry in a quest to create a product that mixes ketchup and mustard.
I thought when I saw this episode yesterday that this Kramerica would have made a great pinky penny stock. You could PR bullshit about how the market potential is in the billions, how you are an environmentally conscious company, how you're collaboarting with New York University, yadda yadda yadda. You could make it sound like a real sweet investment. Then when it all goes to hell you could shift forcus to the multi billion dollar food industry, change the ticker, wash, rinse, repeat.
When you read penny stock PRs always try to picture PV or Kramer as the CEO. Always assume every PR is an outright lie or gross exaggeration. Demand proof by cross referencing and asking tough questions. That way, if your company checks out, you can confidently average down when times are tough due to market or sector selloffs/pullbacks.
I am curious to see whether Domain's Berlin company turns out to be our Vandalay Industries and whether SLJB turns out to be of little more value than Kramerica -- Kramerica might actually be worth more as it has no debt and we have no proof that SLJB is profitable -- we have promises but no balance sheet. We have "Black Pete" instead of "Slippery Pete."
It's amazing how watching a few hundred hours of Seinfeld re-runs can make you a better investor and help you make more prudent decisions.
JMHO.
Here is must reading for Pink investors from the SLJB board.
Posted by: robotrader
In reply to: patrosz who wrote msg# 200583 Date:12/2/2006 11:26:47 AM
Post #of 200646
A Seinfeld analogy. Do you remember the episode where Kramer creates Kramerica the company and takes in an NYU business student as an intern? Kramer tells the kid they are going to solve the world's energy problems by designing a bladder for oil tankers that will prevent oil spills. They test this bladder by filling a balloon with oil and dropping it from the 5th floor of a building. The moment the balloon explodes on impact, Kramer, without almost so much as a blink, shifts the direction of the "company" to the food industry in a quest to create a product that mixes ketchup and mustard.
I thought when I saw this episode yesterday that this Kramerica would have made a great pinky penny stock. You could PR bullshit about how the market potential is in the billions, how you are an environmentally conscious company, how you're collaboarting with New York University, yadda yadda yadda. You could make it sound like a real sweet investment. Then when it all goes to hell you could shift forcus to the multi billion dollar food industry, change the ticker, wash, rinse, repeat.
When you read penny stock PRs always try to picture PV or Kramer as the CEO. Always assume every PR is an outright lie or gross exaggeration. Demand proof by cross referencing and asking tough questions. That way, if your company checks out, you can confidently average down when times are tough due to market or sector selloffs/pullbacks.
I am curious to see whether Domain's Berlin company turns out to be our Vandalay Industries and whether SLJB turns out to be of little more value than Kramerica -- Kramerica might actually be worth more as it has no debt and we have no proof that SLJB is profitable -- we have promises but no balance sheet. We have "Black Pete" instead of "Slippery Pete."
It's amazing how watching a few hundred hours of Seinfeld re-runs can make you a better investor and help you make more prudent decisions.
JMHO.
Seabuiscuit. Great post
I'm sending your post to a new investor in CKYS. The other must read for Pink investors is this one from the sad SLJB site.
Posted by: robotrader
In reply to: patrosz who wrote msg# 200583 Date:12/2/2006 11:26:47 AM
Post #of 200646
A Seinfeld analogy. Do you remember the episode where Kramer creates Kramerica the company and takes in an NYU business student as an intern? Kramer tells the kid they are going to solve the world's energy problems by designing a bladder for oil tankers that will prevent oil spills. They test this bladder by filling a balloon with oil and dropping it from the 5th floor of a building. The moment the balloon explodes on impact, Kramer, without almost so much as a blink, shifts the direction of the "company" to the food industry in a quest to create a product that mixes ketchup and mustard.
I thought when I saw this episode yesterday that this Kramerica would have made a great pinky penny stock. You could PR bullshit about how the market potential is in the billions, how you are an environmentally conscious company, how you're collaboarting with New York University, yadda yadda yadda. You could make it sound like a real sweet investment. Then when it all goes to hell you could shift forcus to the multi billion dollar food industry, change the ticker, wash, rinse, repeat.
When you read penny stock PRs always try to picture PV or Kramer as the CEO. Always assume every PR is an outright lie or gross exaggeration. Demand proof by cross referencing and asking tough questions. That way, if your company checks out, you can confidently average down when times are tough due to market or sector selloffs/pullbacks.
I am curious to see whether Domain's Berlin company turns out to be our Vandalay Industries and whether SLJB turns out to be of little more value than Kramerica -- Kramerica might actually be worth more as it has no debt and we have no proof that SLJB is profitable -- we have promises but no balance sheet. We have "Black Pete" instead of "Slippery Pete."
It's amazing how watching a few hundred hours of Seinfeld re-runs can make you a better investor and help you make more prudent decisions.
JMHO.
What's the cost of registering for Lebanon? Have they paid it?
Probably less than a thou. Big deal.
Robotrader - re Seinfeld (my favourite show)
Great post. Shoud be requried reading for all pink sheet "investors".
I bet you won't find anyone in town. Why would they make themselves available to you in person when they won't even comunicate by PR with distant shareholders?
They, along with their families, friend and neighbours will be sightseeing in Toronto, Niagara Falls or at the local Cineplex for a triple feature.
I wasn't talking to you but to SPECBIDDER who said the following, and sked him what made him sure that NWOG is not a scam.
Not sure what you got all excited about.
The first news i want is their financial state. Then i want to know what they are doing to increase oil production. This will keep me satisfied until they start to close more deals in the oil industry. They need to stay focused in this area.
I understand what they are doing regarding buying the Vodka company but they need to create a subsidary for that side of the business with a veiw to spinning it off at some point.
I can't believe this company is selling at this rediculous price,and i know they are not a scam,they need to get Parkin back as CEO. He at least knows what is required from shareholders in the US.
I have got to say my believe has been shaken,most of the time this is the only thing we longs can cling too,when thats gone the company is as good as gone. Even more so with pinks.
You said you were sure, and I asked how you are so sure.
Can't you answer that simple question?
How exactly do you know they are not a scam??
No, use what I have and then you'll feel like Warren Buffett.
Use the 700M figure. That's the key used for P/E calculations and to calculate your share of CK.
Assuming with get the PR next week. Any guesses where we'll close next Friday?
I'll start with 8 cents.
The closest one gets ALL the shaers. lol
Just won a small poker tournament. Pinks and poker, just two forms of gambling. Unfortunately there is no bluffing here, unless you consider bashing and pumping as bluffs. lol
True, but got it from highly reliable sources.
Once earnings numbers come out, the float won't matter so much any more. Share price will be based on E/S which is based on the total I/O number of 700M anyway.
BA will recigte what's in issued PRs. That's all they ever do.
I thought I read on the board a couple of days ago that most of the insider held shares were restricted, but I'm not certain.
The CEO's of the two companies think very highly of each other and each other's companies.
I thought the number between the float 200M and the O/S (700) are restricted. So the numbers are significant in that case.
I finally got a return call from IR. I had called them on Monday.
Not too swift. Anyway, I've lost interest in the company since then.
OS is 700,000. It's the confusion of terms.
200M float, 700M shares issed AND/OR outstanding of which 400M is held by nsiders and 1B authorized.
Ask now at .035
The 200,000 number confirms the number I was told and posted on Tuesday.
They always show 5,000 shares on pinksheets. Doesn't mean anything. 25,000 just traded at .034 yet the .034 available at .034 did not budge.
Those numbers mean very little.
Once the bank closes you won't need the gun. lol
I thought the 2.7 eps was for the first six months of 2006.
Applies to me in Toronto as well.
On rollbacks. Nortel, Canada's CISCO, has just done a 1 for 10 rollback, going from 2.40 to 24.00.
True, it's not a pink, but neither should CKYS be.
Yes, lock yourself securely in your house and wait for spring. Then sell your house, retire and move to Florida.