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Things Are Brighter Than The Stock Price Indicates
The last few days have been encouraging for sure.
After bottoming out in the 13s, we've climbed up closer to .20 again versus down to .10
Stepping back and looking at the totality of it all, I'm confident that things behind the scenes are brighter than things in front of our computer screens.
A green close on a Friday would be a big positive and we didn't over run up too much yesterday so it's certainly possible, if not probable.
Good luck today everyone!
Seems like something good is brewing...
Not pumping today, just conveying my sentiment.
LQMT ran up nicely today and is only pulling back a little.
Good job by some day traders, but some longer term holders seem to be, well, holding!
Again, no pump, just happy to see things settling back in a little higher. If we hold these small daily gains and management stays the course as to being a little more transparent, hopefully some new buyers as well as previous shareholders will jump back in.
Good day everyone!!!
Great Buy Honda!
I'm rebuilding my full position again CAREFULLY!
After dumping 100k at ~.18 (and keeping 100K), I've added twice this week, I didn't get the low price you did but picked up 20K at .15 the other day and 18k today at .1599.
My other 100k is owned at ~.275 so I'm still a little under water but comfortable enough with it over all.
Liquidmetal seems to have taken the hint as to investor sentiment lately, although I don't know for sure, I believe they read IHub LQMT board and also MANY THANKS to the posters here who have been PRO-ACTIVE as to "challenging" management on the issues of late.
I never thought the ~.20s sounded good, but today I'm cheering them on!!!!!!
I'm Liking the "Transparancy" LQMT is Moving Towards
Picked up a few more shares here on the upswing as things seem like they are stabilizing.
This new "transparancy" on the part of management is encouraging.
Trade Confirmation:
10:45:30 Your Day Limit order to Buy 18000 shares of LQMT, Limit Price = 0.16, Regular session for account XXXXXXXX, has been received. Reference #: XXXXXXXXXXXXXX 10:46:08 Order Executed. Bought 18,000 shares of LQMT at $0.1599
Here's the Deal with the .07 Predictions
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80099025
I like the article
But it's a stretch even for me to think that dime is anything other than a size reference.
Something whacky is going on...
I also take F4G at his word.
Something rediculous is going on that none of us are privi to, either LQMT is going to crash BAD and we're all going to be effed or something VERY positive is already in place that we don't know about and those holding are going to be greatly rewarded.
Wall Street has turned this ENTIRE stock market into a casino, it's THEIR casino and they let us play in it.
I'm betting LONG, I've got ~$20,000 in this POS and am betting on the upside but geeeeeeezzzzz, come on already!!!
Rant over.
So why 250,000 at .1501 with the bid/ask at .141/.142?
WTF... Can somebody watching time & sales tell me what the last 5 minutes was all about????????????????!!!!!!!!!!!!!!!!!!!!!!!!
Picked Up 20,000 at .15
Seems that LQMT has found some new stability here at .15 IMO.
After cutting my position in half at ~.18 and selling off 100,000 shares, I'm going back in to test the waters.
There is still a lot going right, and still the very real fact that news will rocket LQMT into the stratosphere.
I'll buy back in 20,000 at a time on a rise of a penny a share.
Trade Confirmation:
11:09:37 Your Day Limit order to Buy 20000 shares of LQMT, Limit Price = 0.15, all or none, Regular session for account XXXXXXXX, has been received. Reference #: XXXXXXXXXXXXXXXX 11:09:52 Order Executed. Bought 20,000 shares of LQMT at $0.15
LQMT - 11:09:51
Bought 20000s @ $0.15 - Total: $3,022.00
Reverse Split
I Wish LQMT Would Just Dump, Dilute & Get It Over With Already
I'm hooked on Liquidmetal, Dilution seems to be imminent again, let's just get it over with so I can triple up under .10 and start "positively promoting" Liquidmeatal again.
Didn't work out well, lol
I watched this rise to 10 cents in the morning and saw the bid at .099, decided to not be greedy and tried to sell 100,000 at .099 but didn't get filled, a quick $1,000 in 30 minutes sounded good.
As the bid dropped, so did my limit order until I finally got filled at .093 and out.
I made a few dollars but not the grand I wanted.
This is Where "Insider Trading" Gets Blurry
I agree with you Red, but isn't that insider trading?
Learning about PIPES has really enlightened me as to the crazy financing terms that are possible.
Why would someone lend $12MM to a failing company I used to think and as you stated, possibly those investors are told/led to believe that something is in the pipe (no pun intended).
However, if I understand the terms of these deals it doesn't need to be that something is coming down the line, but moreso that the lender is able to be paid back without risk.
So if a Red Chip investor lends LQMT Liquidmetal another $12MM dollars and LQMT has the option to pay in stock, the lender doesn't care what happens to the stock price because they are guaranteed to get paid.
If LQMT is $1.20 they get 10MM shares
If LQMT is $.12 they get 100MM shares
If LQMT is $.012 thet get 1B shares
This must be how some of the crazy sub penny stocks end up with 5,000,000,000 shares outstanding at .0001, just keep issuing and diluting until there is nothing left.
I'm sure it's more complicated than what I wrote (obviously I left the interest out in my example), but if I understand this type of financing I'm close.
Someone with more knowledge please enlighten me as to any errors in my conclusions.
Unfortunately, DILUTION is Going to Happen AGAIN!!!
LQMT Liquidmetal is a stock I'm more afraid to be totally out of than into, silly I suppose, but as we all know news trumps charts and can change things immediately.
With the shares I own I will be able to celebrate with all of you when the big day comes but with the cash on the sideline I'll also be able to average down when the next round of dilution happens.
A win-win for my portfolio I suppose.
The pattern seems to be that at some point management will request another 100,000,000 shares authorized, we will whine and complain, a vote will take place, we will lose as the board has 51%+ of the voting shares and our LQMT stock price will get whacked again.
7th time's a charm... lol!
Great Article, Thanks for the Optimism!!!
I'll hold what I have and bulk back up after the next dilution in the ~.07 to ~.11 range.
Hopefully the Red Chip investors give LQMT enough money one last time (regardless of terms, unfavorable to us shareholders of course) and if our price gets cut in half again so be it.
I understand dilution is necessary to get a cash poor new technology company from where they're at to where they're trying to go.
As a believer in LQMT, BMGs and our future all I want is one maore MAJOR DILUTION, one more time so we can all take the BIG HIT just once then move forward and make money!
At this point, I don't care if LQMT drops to 4 cents as I have the cash from my sale yesterday on the sideline and will absolutely get back in with ALL OF IT at a lower price and double or triple the shares.
Let's just dilute one big time and be done.
I like the positive posts and positive speculation a lot more than the bashing and negative posts, let's just take a big blood bath once rather than bleeding to death at .005 a day.
Haha... LOADING ZONE!!!!!!!!!!!!!!!!!!
Half way there, tomorrow morning will tell the tale!
GWBU & SPNK REALLY hurt some people
Sell Off, NO Meat On The Bone
I've been connecting the meat dots for months and surely had the Apple thing come together would have been handsomely rewarded but that chapter is closed now.
LQMT is worth 7 cents a share.
~.11 before recent Apple hype
33% Dilution from 300MM shares to 400MM shares
.11 x 33% dilution = ~.07
I know!
Readers of our research should know that we are in the business of exposing alleged fraud or folly. Some of our targets present fantastic short opportunities, while others represent more of an altruistic crusade to eradicate blatant fraud from capital markets, specifically the OTCBB microcap market.
This report will be a mixture of both. The company we will be reporting on, Pristine Solutions (PRTN.OB) is an obvious short, given it now trades at a $220 million dollar valuation even though it has no revenues, no cash and negative shareholder equity. Most importantly the company has $90 million worth of undisclosed, free trading shares parked offshore that are being liquidated onto unsuspecting retail investors.
In addition to highlighting this obvious short opportunity, we will uncover the infrastructure that has allowed the repeat offenders behind PRTN to methodically extract $250 million or more annually from the US retail investor, since at least 2010. This infrastructure is comprised of gatekeepers, such as securities attorneys that willfully turn a blind eye while they create securities they know will become weapons of mass destruction, and most importantly the brokers and market makers -- the actual human beings that not only deposit these shares, but dutifully serve them by trading the stocks in an effort to liquidate as many shares as possible and in the process collect a fat commission for themselves.
This is the story of PRTN, The AwesomePennyStocks Collective, and most importantly a trader at Wilson & Davis & Company (WDCO) who sits behind a computer screen in Denver, Colorado and helps offshore perpetrators commit what we believe to be the most audacious stock market manipulations since the days of Jesse Livermore and his infamous bull pools. The only differences being that Jesse Livermore would corner the shares of real companies by purchasing shares in the open market (as opposed to being issued them at fractions of a penny), and when he engaged in this activity it was not yet illegal as the Securities and Exchange Commission was only formed in 1934.
Pristine Solutions, Inc.
Pristine Solutions Inc., through its wholly owned subsidiary Eaton Scientific, is purported to be engaged in the development of a drug to treat hot flashes in pre-menopausal woman. The company repeatedly states (almost on a daily basis) that it is in the process of preparing for Phase 1 & 2 Clinical Trials.
The Fundamentals
Shares Outstanding (Pro Forma Merger)
443,000,686
Most Recent Share Price (9/21/2012)
$.50
Market Value
$219,285,340
Cash as of March 31,2012
Zero
Debts & Liabilities as of March 31,2012
$-57,627
Shareholder Equity as of March 31,2012
$-46,099
Revenues as of March 31, 2012
Zero
Undisclosed Shares in Float
178,000,686
Value of Undisclosed Shares in Float
$89,000,000
Looking at the fundamentals one has to wonder how any ethical adult would distribute any press releases at all when the company they head has not even one dollar in cash and is running a deficiency (liabilities that exceed assets) of $46,000!
We are not going to waste any more time on the purported business of PRTN as doing so would be an injustice to readers of this report as it would only be validating what is a blatant fraud. The only true objective of this enterprise is to provide the narrative for investors to be duped into purchasing shares @ $0.50 cents directly from offshore scammers that own 178,000,000 of those shares and paid only $.0003 (one thirtieth of one penny).
The "Set Up"
On September 3rd, 2010 Pristine Solutions a company based in Jamaica Filed an S-1 registering 29,666,781 shares that were purchased at $0.002 per share (one fifth of one penny). We wonder what Mr. Luis Carrillo the principal of Carrillo Huettel, LLP was thinking when he filed this document with the SEC. Was he intoxicated? He did after all misspell the name of his firm in the filing. Surely this must be one of the lowest prices ever paid for shares in an S-1 ever.
What happens next? Surely our readers know by now... But of course, a Forward Split!
On February 27, 2012 PRTN completed a 6 for 1 forward split turning those 29,666,781 free trading shares into 178,000,686 shares. Following the split the average cost of the shares has been reduced to $0.0003 per share ($0.002 original price divided by 6).
There is so much more that can be written about the sloppiness in the way this company was put together. For example the company never filed an 8-K about the split, instead choosing to disclose the split in a line item on the 10Q.
Following the forward split PRTN has been loaded up with 178,000,686 free trading shares and a total outstanding share count of 443,000,686.
The next step in building this scam is to inject a story with pawn officers and directors to hold the front line. On August 24, 2012 at precisely 4:33:37 PM EST PRTN disclosed to the world that it had acquired Eaton Scientific for 25,000,000 shares of PRTN.
The reason we highlighted the time of the disclosure is because of what happened on the day of August 24, 2012 in the full trading day leading up to the release. In what appears to be an obvious case of confidential information being leaked by insiders shares of PRTN traded volume of 22,611,000 shares from a low of $0.17 cents to as high as $0.53 cents. Why they traded so aggressively can only be explained by three words: Awesome Penny Stocks.
AwesomePennyStocks.com (APS)
AwesomePennyStocks.com also known as APS is a collective of penny stock promoters most likely headed by the following people:
Eric Van Nguyen
John Babikian
Jad Tabari AKA Jad Tabara
Robert Kalfayan
Richard Burton
Kevin Sepe
This group of unscrupulous individuals has essentially mastered the art of stock promotion taking a production line approach to creating, promoting, and liquidating worthless securities for hundreds of millions of dollars in illicit gains. Their approach is completely methodical and consists of:
Acquiring a DTC eligible OTCBB shell where they can own every share in the float
Completing a forward stock split prior to initiation of trading to increase their block of shares to an average size of 50-100 million shares and at an average cost that is always less than $.005 cents (half of one penny).
Using a syndicate websites that include: awesomepennystocks.com, equityreporters.com, pennystockgains.com, pennystockexpert.com, pennystockuniverse.com, secretpennystocks.com, premiumstockreport.com amongst a slew of others to advertise on Google (GOOG), Yahoo (YHOO), AOL (AOL), MSN (MSFT), and IAC (IACI) under search terms revolving around investing in finance for textual ads and financial related websites for display ads.
These websites all serve as aggregators that harvest email addresses into one centralized database. In the weeks and months leading to a promotion the cartel will increase their ad spends to as much as $1 million per month competing with the ad budgets of TD Ameritrade (AMTD) and E*Trade (ETFC) while they send their growing list of subscribers emails preparing them for their next pick going so far as giving instructions on how to open online brokerage accounts and entering stock orders!
When all systems are go (ie: worthless shares have been deposited into a US Broker Dealer and ready to be sold) APS unleashes emails announcing their newest pick. Like clockwork, the same day that APS begins to send a barrage of emails the OTCBB companies conveniently begin to issue daily press releases touting their purported businesses.
Once the emails begin to hit and naïve buyers rush in to buy the worthless shares from the APS clan their work only begins. In what is a meticulous effort to manipulate nearly every tick in the trading of their scams the APS clan uses a group of market makers to place abnormally sized bids allowing them to quite literally move their scams up and down to their liking, inducing panic sell offs, buy backs, and short squeezes.
Once they have manipulated the stock to the point of liquidating most of their worthless shares, the APS group ceases to support their scams with the abnormal bids leading to massive collapses of between 40-80% in ONE DAY. Watch this video to see one of these collapses in real-time and note the insane amount of volume trading every second. Every single one of these prints equates to worthless shares being sold to US investors.
Once the shares collapse APS simply moves on to the next deal like a swarm of locust while they funnel their illicit proceeds to their offshore jurisdictions including: Canada, Poland, Costa Rica, and Spain. Let us review a table of the list of APS stock scams and their respective performance:
Table of "Awesome Penny Stock" Cartel Scams
DITTO, BUMP!
APS picks are playing other players
APS picks are NEVER about the company, they're about playing the other traders!
Get in EARLY, get out of half at a double and break even then try to time the rest until ultimately sub one penny occurs.
Easier said than done but that's the play.
$192,000
The only bounce coming is your checks bouncing!
APS plays are funny and clearly all a scam, for those that like to day trade it's fun but to anyone left wondering what happened just look at SPNK or GWBU charts and just get out now.
No problem, If someone want's to correct me I'm open to hearing it but from what I've ascertained this is factual.
We used to get "revenue" from the molds on occasion but now give those away and there may be a little flow through revenue from the deal with the Kangs (Watts can specifically answer to that).
Our current cash burn rate is between $400,000 per month and $1,000,000 per month depending on who you believe and how you flip the numbers but either way any revenue pales in comparison to the burn.
Q3 Earning
Are non-existant unless something included in an NDA occurred and we'll be surprised.
What's Changed In Your Viewpoint?
I'm glad you're positive today, but what has changed fundamentally where you now see blue sky?
Is this "Support" Forming at ~.15???
Gosh I hope so, seems like buyers are coming back in so as long as no more big dumps go off we should be good here.
I learned the hard way not to trade with stops so I'm trying to grin and bear it.
My greatest fear at this "tipping point" is that we have another gap down bloodbath in the morning.
Watching LQMT trade for the past 6 months and seeing the patterns, if things hold true today we will trade flat here the rest of the day as the volume will totally dry up.
First 10 minutes in the morning will tell the tale.
Oh NOOOOOOOOO, NOT the "Weak Hands" Comments!!!
Those comments are the beginning of the end for any stock/stock board!!!
Let me guess what's next...
"Strong Hands" will prevail
"Weak Hands" will sell now and buy back higher
MMs taking this down
BIG money picking up "cheapies"
Institutions want in
AND, My all time FAVORITE...
"DAMN SHORTS"... LOLOLOLOLOLOL
The fact is that there is NOTHING HERE today, tomorrow perhaps but not today.
I sold 100,000 this morning and although I vowed to sell my other 100,000 at .16 I've held as it dropped too fast this morning.
My thought is that I'll "bet" $2,000 more on LQMT (as in holding Long down to .14) and someone buying to prop this up.
I'm OUT at 13.99999999999999999 if we get there (hopefully not) and will continue to follow LQMT Liquidmetal.
I WILL BUY BACK IN when the ask hits .10 as I feel if .10 is good enough for Visser it's good enough for me!!!!
LONG LQMT Liquidmetal... Come on Steipper!!!!!!!!!!!!!!!
Good Stuff!
NICE teaser going into today's CC.
Thanks!
Expectations for Today & Tomorrow's PPS
If there's one thing I stink at, it's guessing future PPS.
What I do know is that in stocks such as IWEB, NEWS Trumps Charts and IceWEB is holding a CC today at 2pm DURING MARKET HOURS!
This is POSITIVE!
In ~20 years of investing, I can't recall a company ever voluntarily holding a CC during business hours that was negative, which is a good indicator that something positive awaits us this afternoon.
I took a half position last week and was going to wait to double it until after the call today, but after reading through this thread, VERIFYING the DD, reading the IceWEB Website, researching the officers at IWEB and using a few other research tools I have access to that I'm not going to post here, I went ahead and doubled Friday while IWEB was still under 10.
The predictions of 12-15 cents are realistic, I hate the whole "to da moon, going over a dollar" and all that BS, I'm in this now and holding as I'm not a day trader or penny flipper.
Smart money will buy this going into the CC as Rob Howe is going to have some good news this afternoon and we could get a few penny pop in a flash.
Rob Howe, our CEO is the REAL DEAL!
Nomad, Sorry Anti-Nomad Sales Force Lie Did It For Me!!!
If I choose to read all the DD and if I decide to connect the ficticious dots in a way that is positive... THAT'S ON ME!
BUT
When LQMT Liquidmetal puts out a skewed PRESS RELEASE that is totally INTENTIONALLY misleading... THAT'S ON THEM!!!
http://proxy.liquidmetal.com/phoenix.zhtml?c=130649&p=irol-newsArticle&ID=1735781&highlight=
My confidence has greatly decreased in LQMT's ability to deliver.
Reading the boards you'd think trading was a team sport but in reality it's every man & Sandy for themself.
I'm sick and tired of the Chinese water torture and selling half on Monday, I'll still have plenty if "the big pop" ever happens but will not bleed to death in the interim.
I will sell half of my other half if this drops to .16 at which point I'll hold the rest all the way down, maybe a surprise pop next year will allow me to sell off and break even some day.
I STILL BELIEVE in BMGs but my belief in LQMT's ability to deliver share appreciation has been beat down to the point where this is going into my "wing and a prayer" stock catagory.
Hopefully I'm wrong, but I'm done losing hundreds of dollars a day waiting for something to happen.
CC should be positive
During trading hours is a big positive!
Haha, You're Funny Sandy!
I'm FINALLY Done Pumping
This is just depressing, for a minute after the close I was saying to myself "Good day, only down .002 on a Friday" then shook it off and thought WTF kind of logic is that.
I've been less than happy with the majority of your posts lately but LQMT is losing ground and my fear is our technology may be getting surpassed by other BMG companies/scientists, specifically this "blow metal" technology that is making it possible do make Liquidmetal parts at lower temperatures.
IDK, just didn't want to face the reality the LQMT isn't going to be my early retirement lol :(
I feel your pain my friend
It Just Su**s
It's one thing going backwards ~$100.00+ per penny but when you're going backwards ~$100.00+ per 1/10th of a penny it's more than frustrating... It's REAL MONEY, MY REAL MONEY!!!
When .002 is dinner and a massage;) it's not so funny!!!
Looking at a 6 month LQMT chart
Focusing on 4/17/2012 we were at .15; right before the holidays (2011) we were ~.11s
I've been trying to take all the comments and look at the supporting facts that are indeed facts.
We were at ~.11 before the recent Apple hype.
We diluted from 300MM shares to 400MM shares; 33%
.11 x 33% dilution = 7 Friggin Cents!
GoLong keeps talking about going back to a dime or 11 and "LOADING", if my math is correct the "Loading Zone" might be more like 7 or 8 cents.
We all know LQMT Liquidmetal stock is a news stock more than anything else and that news trumps charts, but if NO NEWS comes out and LQMT keeps operating like a private company with their lips sealed, I'm concerned we may be sub 10 cents before the current sell off is over.
I'm worried about my over weight investment in LQMT.
Ladies & Gents... We Have A WINNER Here!!!
Hi Everybody!
After taking a half position earlier this week, I doubled up near the close today as IWEB held STRONG on a Friday!
NO Friday Sell Off
3 Green Days in a row (4 after Monday)
CC being held DURING market hours
Crushing moving averages
All good stuff and the "cloud" is where it's going!
This just might be that stock that's NOT TOO LATE to own BEFORE LIFT OFF!!!
LONG & STRONG IWEB... Who's With Me?!?!?!?!?!?!?!?!?!?!?!?!!!!!!