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Slyestjester, at any given time I hold 10-20 stocks, excluding the ones I trade when opportunities present themselves. There is a common theme among all of them: A small group of faithful, hardcore shareholders who think their stock is the greatest thing since sliced bread. No exceptions.
Also, if some continue to throw around ridiculous numbers and make outrageous claims, we end up looking like a Chiscam pump and dump. That's the last thing we want to come across to potential investors.
I don't want this thread to degenerate into a pissing contest as to scare away potential investors, so go ahead and have the last word.
Ask Odessa.
I'm siaf-all-in, not all-in with my capital. The money I have set aside to invest in SIAF has been spent. It is about 7 percent of my portfolio.
I do see huge potential in SIAF but by no means is it the only stock with that potential as some of this board have made it out to be.
All I'm saying that there is a chance that our perspective can become clouded when we're too emotionally or financially invested in an endeavor. We may not be able to see it because of our biased views but others from the outside looking in sometimes can. We may even become edgy and testy when the views of others don't validate our own.
What matters at the end of the day is that we're both long SIAF.
After looking at that picture again, the inquisitive side of me wondered what's really in that joint? It can't be all marijuana because the weight of it would never hold up, defying the law of gravity, and would probably need 2-3 people to hold it together.
Also, look at where he's holding the joint; if its content was even 10% weed, it would collapse. There has to be some lightweight apparatus inside the rolling paper supporting the weight that allowed him to effortlessly hold it up like that.
Overall, a very entertaining spectacle though.
"... mixing teen schoolgirl infatuation with making money om emotionless numbers crunching doesn't go well hand in hand, think you need to have an approach free from emotions that judges actions and promises."
From my experience, often the result of being overextended and too heavily invested in a single company. It goes back to the proverbial "head in the sand" or looking at things through rose-coloured glasses adage.
Unchecked optimism has been an expensive lesson for me.
Vegan, was that you who broke up the 8 day party too early?
I watched a WSJ video that suggested the most profitable way to benefit from the potential rise of gold price is to directly invest in gold itself, the troy ounce ($1,581)or bullion. The report said that gold mining is an extremely capital intensive endeavor and gold companies have a history of diluting shareholders to finance operation.
Ghana Gold has shown a propensity for dilution in the past. I'm a shareholder and hope it doesn't continue.
Definitely not Odessa. Just a random pic someone shared with me on Facebook.
LOL. Pretty sure he downed some serious Assault to increase lung capacity for that hit.
An inverse relationship between sales and the pps has clearly been established in the last 3 years. If this isn't as evident as the the Sun rising every morning, then I don't know what is.
Sales: Increased $1 million to $78 million
PPS: Decreased about 90%.
The higher the sales, the more the pps drops. This is the result of making something for $1.2 and selling it for $1. Yet, people keep highlighting MSLP's high revenue as an attractive metric.
At this point, even this guy knows it's not sales that matter.
http://1.bp.blogspot.com/_lZoQPvGfdG8/Sy_hAqvp3_I/AAAAAAAAB8o/Jf_jPdblz5g/s400/dumbass.jpg
450 shares @.245 = $110.25.
I thought Dr. Frost's 9.1% interest and the estimated $12-$15 million 2013 revenue would bring more interest to the stock.
And the plot thickens...
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amattal1000 • Sep 5, 2012 11:15 PM
Providential Holdings (PHI) specializes in mergers and acquisitions (M&A) advisory services and invests in selective businesses with potential for high growth. The Company has designed a three-pronged business model that can potentially yield long term rewards with relatively diversified revenue streams, by:
1. Acquiring and consolidating undervalued opportunities in selective high-growth industries to create value for our shareholders and target partners by combining expertise in both the product and capital markets.
2. Acting as an incubator for emerging companies whose production and operational capability can be brought up to speed relatively quickly if product acceptance occurs.
3. Taking minority interest in client-partner companies to align with their long-term interest and help build enduring value.
Minority Interests
Bio-Warm Corp.
Bio-Warm Corp., a Nevada corporation currently traded on the Pink Sheets (BOWC.PK), was originally engaged in the development of rapid bio tests and subsequently in the manufacturing and marketing of a patented electrically-induced heating technology used for humans and agriculture. This company is considering a restructuring to acquire a new business operation.
Cavico Corp.
Cavico, founded in 2000, is a major infrastructure construction, infrastructure investment, and natural resources conglomerate headquartered in Hanoi, Vietnam. The company is highly respected for its core competency in the construction of mission-critical infrastructure including hydroelectric plants, highways, bridges, tunnels, and urban community developments. One of the company's primary competitive advantages is its ability to nurture a project "from concept through completion" with a vertical portfolio of interrelated investment, permitting, design, construction management, and facility maintenance services. Cavico's project partners often include top multi-national corporations as well as government organizations. The company currently employs more than 3,000 people. Vietnam's transition to a market economy has generated rapid economic growth. The country's impending ascension to the World Trade Organization is likely to provide an additional boost to economic growth and a further acceleration in the country's current infrastructure construction boom. The aggressive development of Vietnam's energy, transportation, and urban infrastructure is absolutely essential to the country's ability to compete internationally, and this aggressive build-out is creating huge growth opportunities for infrastructure construction companies such as Cavico. Providential has successfully advised and assisted Cavico to become the first Vietnam-based company that trades in the US stock market.
Cavico-PHI Cement Corp.
Cavico-PHI Cement Corp. is a joint venture company between Cavico Vietnam Ltd., and Providential Holdings, Inc. to establish and operate a cement plant in Ha Nam Province, North Vietnam. The US-based holding company for Cavico-PHI Cement Corp. is Cavico-PHI Industries, Inc., a Nevada corporation.
Eastbridge Investment Group
Formerly known as ATC Technology, Eastbridge Investment Group concentrates on the IPO, Joint Venture and Merchant Banking services in China and India. The company focuses its attention on the small-to-medium-size companies in these countries and looks for the companies that have demonstrated either a steady income stream or are ready to launch commercially disruptive products that potentially offer double digit growths in market share for the next five years.
Jeantex Group
Jeantex Group, Inc. is engaged in the design, development, manufacturing, and marketing of consumer products for the apparel markets worldwide.
Two weeks after you and Deafelephant hook up to play cards:
I don't have private PM. Sorry, DS.
People think I don't reply to their private PMs but the sad truth is I don't have private PM.
3-2-1 delete.
Looking good so far. Deadboy called it right on the way down and if it hits around $8 in about 10 days, you'll be right on the way up. So we may have a Co-Chosen One.
I'm sticking with what I have and staying out until I know what's precipitated this move. In my experience, a move based on technical analysis alone is short lived unless accompanied by solid news pertaining to fundamental changes in a company.
Of course there's always a chance that this move is precipitated by those with advance knowledge of the company.
Btw, I scored my first 30-bagger of the year with a lottery stock I dropped a few hundred on. Feels ggrreeatttt....
Go MSLP!!
ID Supermoney, is that you trying to explain the stock chart theories?
http://www.encognitive.com/files/images/funny.gif
"...rarely are all the shares authorized under an incentive plan issued."
On the contrary. Incentive shares (bonuses) are almost always cashed in by employees and management. There were 11 million incentive shares set aside, if they don't plan to cash it at some point in the future, then why increase those incentive shares to 11.6 million?
Would you or any employee turn down shares offered at a discount to the market? That's free money.
"So the employee needs to pay something and the transaction isn't 100% "dilutive" to current shareholders."
I'm not sure what you mean by NOT 100% "dilutive." When authorized shares become outstanding shares, the number of outstanding shares increase, causing DILUTION. Even if money was raised during the dilution, that money does NOT increase the value of the company's market cap. That money goes into the company's cash ledger to be used in the company's operations.
In the majority of the time when dilution occurs, even if money was raised (paid by employees or investors), the stock price goes down. It goes back up if the company can use that money to increase revenue and profit.
The money raised during an issuance of shares does not cause the shares to be less "dilutive." Have you heard of the term, "Wash, rinse, and repeat" as it applies to penny stocks?
Have a look at PLUG as a recent example. The company raised $2.8 million and the price stock dropped from $.50 to $.12 because there's dilution from about 18 million shares--current shareholders' piece of the pie just got smaller, even if the company received $2.8 million during the issuance.
Dilution in general is extremely bad for current shareholders. Now, if PLUG can use that $2.8 money to grow the company, then the stock will rise.
Bull market expected to continue. Mr. Bernanke expanding the money supply to encourage borrowing and lending.
Now, we need MSLP to declare CFP or profitability so we can dump our shares around $20 to those people on margin with Uncle Ben's easy money.
"WASHINGTON — The Federal Reserve chairman, Ben S. Bernanke, played down concerns about the Fed’s economic stimulus campaign on Tuesday, describing it as necessary and effective and making clear it was likely to continue for some time...The Fed, which has amassed almost $3 trillion in Treasury and mortgage-backed securities to promote more borrowing and lending, is expanding those holdings by $85 billion a month until it sees clear improvement in the labor market. It plans to hold short-term interest rates near zero even longer, at least until the unemployment rate falls below 6.5 percent."
http://www.nytimes.com/2013/02/27/business/economy/fed-chairman-defends-stimulus-efforts.html?_r=0
When I bought CAVO I considered it a lottery stock. After doing further due diligence and the recent price movement, I'm upgrading it to a highly speculative play. Cavico Corp. wholly or partly owns subsidiaries that have hard assets and recurring revenues that are substantially higher than its market value. However, it's hard to tell what its overall debt is or if it still owns some or all of those assets.
I bought some at $0.006 (had to wait two days to get filled) and now it's at $.15 with no news. CAVO's market cap. today is $601,000. If the company decides to file its 10Q and 10K with favourable numbers, CAVO could see a precipitous pop, IMO.
However, there are rumours that CAVO has sold some or all of its assets. But there hasn't been any SEC filing to indicate it has or hasn't. So, the assets listed below may not be of any value.
If anyone has links to "factual" evidence that Cavico has sold any or all of its assets, please provide them. I have no way of finding out from the SEC filings. Thanks.
CAVO Corp's subsidiaries:
--Cavico Construction Manpower and Services
--Cavico Hydropower Construction
--Cavico Mining & Construction
--Cavico Bridge and Tunnel Construction
Construction Manpower and Services
This is a joint stock company currently trading on the Hanoi exchange. It's profitable and pays a dividend. 2.2 P/E, market cap. USD 2.4 million, up 29% 1 year. http://www.bloomberg.com/quote/CMS:VN
Cavico Hydropower Construction
--Cavico Hydropower has successfully completed all construction activities at the Dong Nai 3 Hydropower Plant. http://www.marketwire.com/press-release/cavico-completes-construction-at-dong-nai-3-hydropower-plant-nasdaq-cavo-1334935.htm
--Cavico Hydropower Construction, has signed a tunnel construction contract with Song Giang Hydropower Joint Stock Company for the Song Giang 1 hydropower plant in Vietnam's Khanh Hoa Province.
http://www.hydroworld.com/articles/2011/01/cavico-secures-song.html
--Cavico Bridge and Tunnel, has signed a construction contract with Electricity of Vietnam, a state-owned electricity company, for the Song Bung 2 hydropower project.
http://www.hydroworld.com/articles/2010/12/cavico-awarded-construction.html
Cavico Mining & Construction
As of Sep. 14, 2011, this sub. was profitable and trading on the Ho Chi Minh Stock Exchange. "Cavico Vietnam Mining & Construction Joint-Stock Co. (MCV VN), which provides mining and construction services, rose 4.3 percent to 7,300 dong. The company said first-half net profit more than doubled to 2.5 billion dong ($120,000), according to a statement on the exchange’s website."
http://www.bloomberg.com/news/2011-09-15/vietnam-equity-movers-cavico-development-investment-infonet.html
It was eventually delisted from the exchange. MCV:VN
http://www.bloomberg.com/quote/MCV:VN/profile
Cavico Bridge and Tunnel Construction
--Cavico Bridge and Tunnel JSC signed a transport tunnel construction agreement with Korea-based Doosan Heavy Industries & Construction Co., Ltd. for the Noi Bai - Lao Cai Highway. The expected revenue value for this new contract is $5.8 million.
http://vnre.blogspot.ca/2010/06/cavico-signs-transport-tunnel.html
--Cavico Bridge and Tunnel Construction Co. has won a US$6.2 million contract for tunnel construction at the 280-MW Theun-Hinboun Expansion project on Laos' Nam Theun River.
http://www.hydroworld.com/articles/2009/02/cavico-to-build-tunnel-for-laos-280-mw-theun-hinboun-expansion.html
--On Jan. 21, 2009, Cavico Bridge and Tunnel construction reported revenue of 284 billion dong (VND), or USD 13,598,289.
TunnCavico Tunnel Bridge Construction Joint Stock Co (under Cavico Vietnam) last year earned 284 billion dong in revenue, achieving 118% of that year’s plan, 20.1 billion dong in pre-tax profit, reported deputy general director Kim Ngoc Nhan. - See more at: http://www.intellasia.net/cavico-bridge-and-tunnel-construction-firm-reports-284b-dong-revenue-in-2008-91071#sthash.97Fm8sVX.dpuf
Cavico has a one subsidiary called "Cavico Construction Manpower and Services JSC" trading on the Hanoi stock exchange. This subsidiary is profitable and pays a dividend according to Bloomberg. Its current market cap is VND 50,000,000,000 million (USD 2.4 million). The stock is up 29% in 1 year. The value of this subsidiary alone (if Cavico Corp. owns 100% of it) is worth 4x more than its parent company, CAVO ($0.15).
Other Cavico Corp. subsidiaries:
Cavico Hydropower Construction
Cavico Mining & Construction
Cavico Bridge and Tunnel Construction
Cavico Construction Manpower and Services JSC (mentioned above)
Looks like an interesting play here, ending up as a 30-100 bagger or bust. But if the company ever does file its 10Q and 10K, the stock could see a precipitous spike. Keeping my fingers crossed.
-------------------------------------------
Cavico Construction Manpower and Services JSC
Current P/E Ratio (ttm) 2.2556
Estimated P/E(-) -
Relative P/E vs. VNINDEX 0.1731
Earnings Per Share (ttm) 4,433.5000
Est. EPS -
Est. PEG Ratio -
Market Cap (M VND) 50,000.00
Shares Outstanding (M) 5.00
30 Day Average Volume 32,327
Price/Book (mrq) 0.7458
Price/Sale (ttm) 0.2692
Dividend Indicated Gross Yield 20.00%
Cash Dividend (VND) 2,000.0000
Last Dividend 01/21/2013
http://www.bloomberg.com/quote/CMS:VN
MSLP recently had a reverse stock split. Below is a very illustrative post of what we can expect from the pps post-stock split. It’s by Scooter28 on another board. Will MSLP be the exception and not the rule?
“…interesting you mention reverse split. The posters who think all is well with reverse splits havn't got a clue. They show the math and the dollars are exactly the same after a reverse split. Very true but the major studies on the subject shine the spotlight on reverse splits and give the real story on what happens to companies share price post ex-split date. THE seminal, formative, go-to paper on the subject, and referenced all over the world, is: "Return Performance Surrounding Reverse Stock Splits: Can Investors Profit?" by Kim, Klein, and Rosenfeld. Google it
... the first paragraph tells you all you need to know. KK&R studied 1,612 companies following reverse splits and found "significant downward price drift over the next three years after ex-split date." Still in the first paragraph, they say that "investors should be able to exploit the market inefficiency by short-selling companies after a reverse split." (they also go on to talk about the new and higher price that is supposed to get institutions to buy the stock, i.e. 5.00 price ... new buyers etc. and destroy that premise as well ... (everyone knows it is an artificially inflated price)
Google and read the opening few paragraphs ... A reverse split of **** stock would be a REALLY BAD THING!”
More info. on CAVO. Hope my lottery stock hits big.
----------------------------------------------------
michsingles • Oct 1, 2012 11:25 AM
The company's aim is to increase its current backlog of projects within Vietnam and to cement its presence in the country's infrastructure sector. BMI believes that Cavico is well-placed in its operations in Vietnam. Its presence in the country has set a precedent and it has a history of partnerships with local state-owned contractors. Vietnam's planned infrastructure investments in the power and transport sectors present significant opportunities that could allow Cavico to achieve its aim of increasing its order backlog. This rose by 33.8% y-o-y to reach US$304.6mn as of June 30 2010.The firm also saw a loss of US$1.8mn in the second quarter of 2010. According to the company, this was due to the fact many of the company's hydropower construction projects were in the early stages, and not generating sufficient revenue to offset their initial construction costs. Once these projects progress further into completion, net income will increase as more revenues are generated.
Activity and ProjectsIn April 2011, Cavico Corporation announced that its subsidiary, Cavico Mining, had received an investment licence for the Tan My Hydropower Plant. The licence grants Cavico the right to build own and operate (B) a hydropower plant downstream from the Tan My Irrigation Reservoir. The plant will be built in the Phuoc Tan Village, Ninh Thuan Province. The plant has a designed capacity of 6MW and is estimated to cost US$6.7mn.In March 2011, Cavico Corporation announced that its subsidiary, Cavico Construction Manpower & Services, has signed a contract to construct the tunnel roof and grout the arch consolidation of a 1.4-mile-long rock transport tunnel at the Nghi Son cement plant, Thanh Hoa Province. The contract is valued at approximately US$1.3mn. Cavico expects to complete the project within seven months from the start of construction.In January 2011, Cavico Corporation announced that its subsidiary, Cavico Hydropower Construction, had signed a US$7.75mn tunnel construction contract with Song Giang Hydropower Joint Stock Company for the Song Giang 1 hydropower plant in Khanh Vinh District, in central Vietnam's Khanh Hoa Province. The twin-unit plant, which is located 31 miles from Nha Trang city, will have a 24MW annual capacity once it becomes operational. Song Giang Hydropower Joint Stock Company expects to invest a total of US$23.2mn in the plant.In December 2010, Cavico Corporation announced that its subsidiary, Cavico Bridge and Tunnel, had signed a US$6mn construction contract with Vietnam's state-owned electricity company, EVN, for the100MW Song Bung 2 hydropower plant project. Under the contract, Cavico will be responsible for the construction of three tunnels, a surge tank, and a power house. Cavico expects to complete construction by 2014.In October 2010, Cavico Corporation announced that its wholly-owned subsidiary, Cavico Hydropower, had successfully completed all construction activities at the Dong Nai 3 Hydropower Plant. The company has started the handover process to the project owner, EVN.In June 2010, Cavico Corporation announced that its majority-owned subsidiary, Cavico Bridge, and Tunnel JSC had signed a transport tunnel construction agreement with Korea-based Doosan Heavy Industries & Construction Co., Ltd. for the Noi Bai-Lao Cai Highway. The expected revenue value for this new contract is US$5.8mn, excluding VAT.In March 2010, Cavico announced it has won a contract for a US$2.1mn road construction contract related to this project. Cavico expects to complete its portion of the project in 20 months.In June 2010, Cavico Corporation announced that its majority-owned subsidiary, Cavico Mining, had signed a construction contract for construction of Portal No. 2 at Ngan Truoi reservoir of the Ngan Truoi Irrigation Dam located in Ha Tinh province.The expected revenue value of this contract is US$3.3mn; however, the contract also has cost escalation clauses, which may increase the revenues associated with the project. In May 2009, Cavico signed a contract for US$8.5mn to construct Portal No. 1 on the same site. Cavico will be responsible for the construction of a diversion dam, water intake gates and a groin dam distributor.Ngan Truoi reservoir's Portal No. 2 will be 2.5m in diameter and 464m in length.
* While we appreciate that mining activities are at the heart of the company's operations, for the purpose of this report we will only focus on the company's infrastructure operations.
LOAD-DATE: September 27, 2012 Less
http://finance.yahoo.com/mbview/threadview/;_ylt=AjMxR8bJzqCckS4avcSlycXeAohG;_ylu=X3oDMTB2cDYyY2RsBHBvcwMxNARzZWMDTWVkaWFNc2dCb2FyZHNYSFJVbHQ-;_ylg=X3oDMTBhYWM1a2sxBGxhbmcDZW4tVVM-;_ylv=3?&bn=58bd39fe-dbbb-3653-8888-77d477f10e21&tid=1349105152603-b706170b-0074-4a7a-954a-3097dce95dde&tls=la%2Cd%2C2%2C12
Anyone here?
I found two contrasting views on CAVO below. It'll be interesting to see which one unfolds.
I bought at $0.006 when the market cap. was about $25,000, thinking the company would fold and someone would buy it as a shell company and pay $100K-200K for a reverse merger.
----------------------------------
Dec. 17, 2012
"Management had substantial insider holdings in 2010 (see Annual Report) and they probably increased their holdings in August 2011 by conversion of a 200K Cavico loan at very favorable terms ( see topic of July 1, 2011, message of July 5, 2011).
If Cavico should decide to submit last years quarterly and annual reports to the SEC the share price could easily jump to $ 1 or even $ 5+. To my knowledge Cavico had positive earnings in the recent quarters."
-----------------------------
"They will never do anything there is no company at all.
I called there number its been changed, there website is no longer up, the address listed for headquarters belongs to a bank. This was all smoke and mirrors the scammed me as well to the tune of 20k , If anyone buys one share of this scam company they are as sharp as a bowling ball."
http://finance.yahoo.com/mbview/threadview/?&bn=58bd39fe-dbbb-3653-8888-77d477f10e21&tid=1355183305636-816cf2f5-14fc-4f8a-afb0-64717644c1b3&tls=la%2Cd%2C0%2C3
A man after my own heart. If you were a girl, I'd send you flowers.
Notice that in my posts I used "if" and "IMO" to make it clear that those are the conjectures and assessments of an individual.
The gist of this whole argument is this:
--some think SIAF will be worth $10 - $20 in 2-4 years.
--I think it will be worth $8 - $12 using the margin of safety method.
Why do some people (not you Stolpen, but others) insist on scaring potential investors away by rehashing the topic?
Leave it alone and it will be buried in a few days.
HSmith,
Everything is in good hands. This is the approach I'm taking:
--I'm writing off this quarter and giving management a pass because they fired the sales group and installed Izzy, DJ on board, supply problems, new distribution deals but 66% of quarter current quarter is already over, products ready to launch. General growing pains...
--but AFTER the 3rd fiscal quarter (April, May, June), there should be significant sales improvement or I'd be very concerned as to the company's future.
GLTA.
Long Fuse!
If the stock stabilizes between $5 - $6.50 for about 45 days, I'll go MSLP-all-in. If it does the yo-yo thing again, I'll stay out until CFP or profitability. Rewards will be lower but so will risk.
I've seen everything with this management so far.
All things being equal:
Small float: Stock moves much quicker during a run because of supply constraint; it's riskier shorting a stock with a small float. If the shares are in a few hands, provides price stability; less shareholders.
Large float: Harder to move during a run; stock price is lower and more affordable to retail investors, more shareholders.
"...stocks don't just "go up" to a certain value. The stock price is entirely dependent on how many shares are outstanding."
This is new to me. I always thought that revenue, growth, earnings, margins, distinct business advantages (patents, technology, mass effect, first-mover advantage, etc.) determined the stock price of a company.
If "the stock price is entirely dependent on how many shares are outstanding" how do metrics such as ROI, ROE, CAGR, EPS, and P/E fit into our investment decision?
I'm siaf-all-in only. I always have cash reserve or as they call it "dry powder" around.
Caution, prudence, and patience make for good market timing.
When the large u.s. investor dumped his shares, the price dropped and the board panicked.
"Be greedy when others are fearful and fearful when others are greedy."
Caution, prudence and patience make for good timing in the market.
"Be greedy when others are fearful and fearful when others are greedy."
If you continue on this course, RAYS shall be your Moby Dick.
All shells have a history. I'm putting in a bid for $.005.
CBP "He said they plan to file the 10K in the beginning of April and the 10Q bt the end of April."
Just to clarify for those who haven't been keeping up. The stock can begin trading again as soon as, if or when, the NYSE approves its Compliance Plan before April. The company said it has already submitted the compliance plan and is waiting for a reply. So, there's a small chance we may see the stock trading again before the 10K and 10Q filings.
------------------
In order to maintain its listing, the Company must submit a plan of compliance (“Compliance Plan”) by February 14, 2013 advising of actions that Company has taken or will take to comply with Sections 134 and 1101 of the Company Guide by May 1, 2013. The Compliance Department will evaluate the Compliance Plan and make a determination as to whether or not to accept the Compliance Plan by May 1, 2013. In the event the Compliance Plan is accepted, the Company will remain listed during the plan period and will be subject to periodic review to determine whether progress is being made pursuant to the Compliance Plan. In the event that a Compliance Plan is not submitted, accepted or progress is not made under the Compliance Plan during the plan period, the Exchange staff may initiate delisting proceedings in accordance with Section 1010 and Part 12 of the Company Guide.
Stolpen, I'm up 27% in less than one week. How can anyone prove me wrong?
Raystream's current market cap. is $50,000.
What is the going price of a shell company that another company would pay to do a reverse merger?
IMO, Raystream is a buy at $0.005 - $0.008 for its value as a shell company alone. This is a "lottery" stock play of course. Buy it and you're either going to lose all your money or get a 10-20 bagger.
I'm still at a loss as to why people didn't give the FBN segment an A. It's a matter of perspective, I suppose. But that segment was intended for potential investors and NOT for shareholders.
They had under five minutes to:
--introduce the products.
--introduce the company.
--sell the potential of the technology.
--entice potential investors with the company's future.
If the segment had been intended for shareholders, like some, I too would have given it a failing grade. But it was intended for newbies and they did a great job. Of course, the interviewer did them a favour with some leading questions.
Daymond John made some bold claims on the segment and on his Facebook page about his intentions for Fuse, so he'd better come through.
"At $25.99 per container of assault they will be making a profit."
Assuming the 32 serving container, Bodybuilding.com's been selling that size for $29.99. So if the company's been losing money at $29.99, how will they make money at $25.99?
Are we missing something here?
http://www.bodybuilding.com/store/musclepharm/assault.html
Despite repeated quarters of double-digit growth, Lihua's (LIWA) stock has failed to rise. A combination of short selling and skepticism towards Chinese RTOs has left LIWA with an unreasonably low stock price despite two independent financial reports confirming the validity of their operations. In their last quarter (3Q), LIWA reported 53.5% year-over-year revenue growth as well as a 27% increase in net income. With a market cap of 160mm and a share price of 5.20, LIWA reported an adjusted EBITDA of 23.6mm, which annualized equates to a 1.43 times EBITDA. Lihua International's balance sheet also shows a lack of debt and $130.5 million in cash on September 30, 2012. As of right now, the company has a book value of $8.00.
Their most comparable Chinese peer, Fushi Copperweld Inc., traded at roughly 5x LIWA's P/E before the company was taken private in December. American peer, Encore Wire Corp. (WIRE), trades at about 8x LIWA's P/E. Both of these comparisons would equate to a value of at least mid 20s on LIWA without even taking into account their cash or growth rate.
http://seekingalpha.com/article/1177821-lihua-international-looks-significantly-undervalued?source=google_news
What a relief! It doesn't look like CBP will be the next LPH (Long, Painful, Hell).
Last time CBP filed late, the stock popped 120%. Hope history repeats itself.