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There's a believer out there.
Maybe you saw something I missed. I saw no patent pending.
Except the wall keeps getting higher. Now at 14 Million.
All 12 million of them?
Wall of 12 million still there at .0008. Nothing changed there after all this rush.
I guess it depends on who is investing. If you are here to make money on runs like many pinks, I agree, it's a bad choice. No point being here.
Nice substantive reply.
I see the common thread in the people who were involved with the other company. But they saw through Shah, too. And, even as you say in your other post, these people do things the right way - postponing their own payoff until the company is profitable. Something Shah never did - ran stock to make money. This stock has never been run.
Now, on the length of time it's taken them to get a product to market and then once ready, getting it sold...
It's a lot longer than I thought it would be when I came on here 4+ years ago. But what I think happened is they saw another direction they could go with the technology they had and went ahead and developed that.
Rather than just developing the 'weigh on the fly' technology all by itself, they saw a bigger opportunity in adding collecting and sending data from the weighing site to a central office. Developing this took time - maybe a year or more, I think. This has been my take on part of the time delay.
As for selling it, I think they have been working on this at least since the patent was announced in April. Maybe it's even been longer than that.
I think it's a fair question that - so, if this technology is so advantageous to companies in their target field, how come they haven't sold any yet?
I can't answer that. I thought sales would have happened in 3 months' time. But I'm impatient, too, and I have never been in sales, except for some multi-level marketing attempts. Even there I saw sales depends on relationship building and that takes time.
That's how I see it from here early in the summer of 2013!
Entirely different kind of cat.
June progress report is out.
http://cnsx.ca/Storage/1552/142971_CNSX_Form_7_-_Monthly_Progress_Report_June_2013_Final.pdf
Four other stocks I follow did that, too. Must be a pre-4th thing.
Samples, your post is a pleasant surprise. The summary you quote points to the things we have been saying all along - methodical, focused, interested in building a company over running a stock.
But years? You're in the camp of a guy I recommended the company to - he liked what he saw, but said a development stage company takes 15 years.
Hope you and he are not right! I'm leaning more toward months for revenues.
Third quarter report is up. Samples, you should have some fun with this.
http://cnsx.ca/Storage/1551/142881_DeployCNSXForm5Q32013.pdf
Any bets on the June progress report?
An 12M on the offer. Size of .0008 on offer has increased. Size of the wall even higher.
Yes. That June rise was a (pleasant) surprise. Nearly a triple. But the wall showed up at .0008. If there is a business still there nobody is betting past 1000 to 1 there is. Not odds I like.
Yea, no trading here for a long time - wonder how many people are there with you, waiting for developments before they put money in.
It all comes down to - do you think they can sell their technology? If I had investment money, I'd bet 'yes'. And be looking for a double and more.
Looks like they're getting ready to run it.
You really don't see action happening for a while, then.
No basis to dispute your thoughts on that one right now.
I agree. It would be nice.
But I'm too old to get into what I think people should do. Have done a lot of that and spent a lot energy running into stone walls!
I do know I wouldn't sell now even if I could. Still expect them to pull it off.
It's a quiet period. We go through this all the time with start-up companies. I'm in another one - the only other one I'm in - gave up on gambling.
The other one I'm in had been proclaimed dead - by me and many others. The only thing left was sell for tax loss.
Then this week, it woke up - it's up 3 times what it was and there may be life there.
Seems like the CEO didn't give up.
I'm still happy I have my money on these guys - even though the May report looks bleak. I know they're still at it.
Bid has now built at .0008.
Didn't say.
May progress report is out. No new information reported. It says the month was spent on sales, marketing and financing.
Don't know if it is - only that it has happened the last 3 months - and it happened in the first week of the month. March 3, April 6 and May 5.
I'm hoping we'll see one this month.
The May update should be out soon - if the last 3 months are any indicator. Those came out within the first week.
I'm interested to see what that says.
Pretty good resume. A pretty good helping hand if he gets involved directly.
Samples,
I think I saw the same thing you're referring to. The guy seems to know both technology and customer relations and how to make them fit.
From the one article I read, it seems like he was the one who built a business to 50 employees and built it nationwide. So he also knows how to build a company.
And he's been there 10 years - so not a flash in the pan.
These look like good things to me. Hope he can help DPLY build a company.
Samples,
Maybe there is a little action here. There is a new board member - Alec Rossa, and I've put in a link to an article about him. Apparently, he's had a successful career in marketing a business that is related to what Deploy is doing - retailing a tech product.
The story says he's accomplished at seeing what the customer needs and fitting the product to the customer need.
There's also a video on You Tube of an interview with him. Seems like a pretty intense and directed guy.
http://www.businessreviewcanada.ca/reports/m-d-charlton
That's my opinion, too. I hope you get your shares.
Smart man. I'm having similar thoughts.
A lot of good work in that summary.
And no bids or offers today on CNSX. People tired of waiting? People getting ready for something else?
It's long obsolete for making money on penny stock runs. That money is/was better taken somewhere else.
Not obsolete for investors who are holding for long term gain.
It will be interesting to see what the gains made on a .10 investment will be - even one made 3 and 4 years ago. I bet all holders will take that money!
I wasn't the one who bought those shares, but would have no trouble doing it without bid support. If I didn't think I have enough already, I'd be buying them here and think I was getting a bargain.
The thing that intrigues me is no offer at all on the Canadian exchange. Is it that the sellers are just tired of waiting? Or are they expecting something?
From the monthly progress report for April.
1. Provide a general overview and discussion of the development of the Issuer’s business and operations over the previous month. Where the Issuer was inactive disclose this fact.
During the month ended April 30, 2012, management of the Issuer was focused on sales and marketing activities as well as financing and product production. The production of 100 data terminals along with cabling assemblies and accessories have been ordered in preparation for anticipated sales.
Ask now gone on the Canadian exchange. No one is offering to sell shares. I am taking that as investors up there see something better than .12 in the near term.
I am in agreement with your belief that this is coming and I like your June time-frame. I like it in that, if it comes that soon, it will be a fun summer.
Infracture has been methodically laid here. When the train starts moving, there will be a well laid track to run on.