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And to you.
Happy Hols
to answer my own question, i saw some extra forms added. ie ex5.1 which was just some official saying the authorisation of the 20,000,000 shares was ok.
Osk seem to be reissuing the sb/2 prospectus, can't see any differences or why they are doing it. Anyone ?
Both today and last week.
One good point, one private placement was at $0.5 per share and they are going for $0.25 for the 20,000,000 IPO (Hoping to get 5 Mill). Looks good for the spin-offs if thats our starting price when it's on the OTCB.
4k out yesterday
Bill got 726,667 shares at $.18. from his original empolyee agreement
Nice. .... NOW SELL SOME CLAY
FYI
On November 28, 2006, Robert J. Cajolet resigned as a member of the Board of Directors of Teliphone Corp.
So the answer is no it's not the caribieanone , I missed this from the 10Q. I think I should try to read this rather than scan. The clip you posted pointed towards other switches. I shall investigate.
My main point of the question was .
Are the earnings stated inclusive or non-inclusve of the Teliphone / OSK earnings (available seperately). My understanding is that they are seperated.
I am going to try to diseminate some figures from the earnings which may be beyond me as the numbers have only be recently seperated (if at all).
Thankyou for your reply
'The increase in gross profit for the three month period when compared to the same reporting period in the prior fiscal year is attributable to increased sales of termination traffic in our Gabon and Mali networks.'
Am I right in thinking that this is the Caribiean One Switch (Name from memory) and has absolutely nothing whatsoever to do with TeliPhone as that is reported seperately.
Incidently that report also came out a while back, one interesting point made was that they (Teliphone / OSK) need 400,000 customers to break even of which they currently have about 35% and growing. Any shortfall required to keep going before they hit this magic 400k is given by UAMA, in return UAMA is getting back Teliphone shares at $.25. It is estimated that the total spent by UAMA before breakeven is 150K or i guess 600k shares.
I'd need to check the filing again as this is from memory so please correct me if i'm wrong.
Don't tell anyone...
It's a secret
That was the one i was expecting,
not expecting the stock to fly but like to see the info put out there so when people investigate the stock down the line they have PS's available and also audited results filed with the SEC.
The 300,000 confirmed was the known Clay bed they already have access to. Since then there have been 2 other indications of further resource.
1) Test cores of a new bed to which they where extending the mine to. (Probably there by now)
2) Huge waste piles from previous digings for which they need the extended permit.
I am hoping that when the sales PR comes out it is the first in a series of PR's that will boost the SP by taking on the following.
More Sales announced
More Clay reserves confirmed (bit by bit not all in one)
More Shifts added to cover demand
More Mining equipment to increase supply
Improved Process to Increase Output
And Finally
Deals announced with other mining firms on our new properties, for which our own miners are the contractors. Also possibly increasing the number of miners as the work increases.
Very surprised we didn't get the PR. Obviously not promoting the stock much and the moment.
Still Q on Q growth is what's important
Personally 30k at .19 sold some on the way up to give me free shares.
sold and rebought on the same day (Avoid capital UK gains tax) before last April. Still hold 1300 long term.
It's hard to value a company on the current OIL price.
I have been constantly surpised by the tickers of DVN and XOM. I would be very very surprise if KING acted as one would expect.
And how do u value a company who produces no OIL.. On the OIL price.. What comparison can it have ?
King is a PUNT. And one I have bet on but to value without OIL.......
I guess it's for the
Vermillion 112-113.
Can anyone provide a link as to where this was picked up. Who are we partnering with on this one?
You think it's going down fast
When the PR is out this will be at $2 with less than 10,000 shares bought (If any at all) $3 will take some volume and buyers but we should have them.
I confess i really did think that now would be good for us as people positioned themselves into the stock. I saw $3 before the PR.
Looking at the SP movement from the last few days, i now doubt this will happen. It going to take the announcement. (or better still a few spaced nicely apart)
It's a shame you can't trade options on these OTC stocks, a vertical spread here would be a slam dunk. If the sales are annouced we fly. if not we dive. either way we will not be at $1.5 in a years time.
Why not, There is a game on who can get what at what prices. I finished buying a long time ago but i'd rather have these messages to a silent board.
I expect a PR to highlight these results in the near future (possibly today).
Second Quarter of Growth up 311% etc etc
Possibly highlighting what going on with the Spin-off. Financing etc etc.
We may even get a boost in the SP if anyone notices.
Revenues UP
Our total revenue reported for the three months ended September 30, 2006 was $6,490,857, a 311% increase from $1,578,134 for the three months ended September 30, 2005. Our total revenue reported for the nine months ended September 30, 2006 was $ 10,838,193, a 287% increase from $2,794,530 for the nine months ended September 30, 2005. Our revenue for the three and nine months ended September 30, 2006 and 2005 was primarily generated by sales of VoIP termination services through our existing VoIP gateways. The increase in revenue for the three and nine months ended September 30, 2006 from the same reporting period in the prior year is primarily attributable to sales generated by our VoIP gateway in Mali. Our Mali VoIP gateway was established in May 2006.
Revenue UP
Sales of wholesale VoIP termination services through our existing VoIP gateways accounted for $10,499,030 or 97% of our total revenue generated for the nine months ended September 30, 2006. Retail sales of VoIP services in Canada through our majority-owned subsidiary, Teliphone Corp., accounted for $339,163 or 3% of our total revenue generated for the nine months ended September 30, 2006.
Sales of wholesale VoIP termination services through our then existing VoIP gateways accounted for $2,647,376 or 95% of our total revenue generated for the nine months ended September 30, 2005. Retail sales of VoIP services in Canada through our majority-owned subsidiary, Teliphone Corp., accounted for $147,154 or 5% of our total revenue generated for the nine months ended September 30, 2005.
Cost of sales up to accomodate the increase in sales. (however most seems to be equipment purchaced which we now own)
Gross Profit
Gross profit increased to $658,127, or approximately 10% of sales, for the three months ended September 30, 2006. This is an increase from a gross loss of $37,684 for the three months ended September 30, 2005. The significant increase in gross profit for the three months ended September 30, 2006 when compared to the same reporting period in the prior fiscal year is attributable to increased sales of termination traffic in our Gabon or Mali networks which now have greater profit margins that our CaribbeanOne network. During the reporting period, increased telephony traffic through our Gabon network enabled us to receive volume discounts for termination minutes with domestic telecommunication operators translating into higher profit margins. We acquire termination minutes from domestic telecommunication operators in order to be able to route calls from our gateways to the destination point.
Gross profit increased to $1,209,677 for the nine months ended September 30, 2006 from gross profit of $201,627 for the nine months ended September 30, 2005. Gross profit as a percentage of sales increased to 11% for the nine months ended September 30, 2006 from the 7% of sales reported for the nine months ended September 30, 2005.
wow 2 heavy posts, even if they don't have much to do with KING directly
'That you disagree is simply a matter about which you and I are going to have to agree to disagree, unless, of course you yield, which I think you should.'
I doubt that but hey have fun.
there are a lot of very smart folks here!
Smarter than me anyway..
Well we finished nearly level. I am even more optimistic of the PR on Monday. That flushout was criminal. Someone wanted to try to create a panic and get some shares. with only over 250k volume (which i assume was double printed) they didn't get much.
Think about it the stock drops from $2 to $1.30 in the space of a few weeks and hardly anyone bites. Very strong hands here.
Gl .. and may the games begin.
wow,
they managaged to hit a low of 1.30. On low volume. I doubt this dickering around with the price will have earned them many shares, I suspect with the drop today the PR will be on Monday (Just a hunch).
I don't think they could get it much lower, but to be fair i didn't think they could take it this far.
Interesting. Still not that high but remember what i posted
'While we went through the low volume period it would have been a perfect time to cover at least some by lowering the bid, hoping to get some sells.'
Maybe time was running out.
they just showed up in my etrade account. No alerts notices or anything. but if you move the mouse over them it tells u there are teliphone corp restricted. (i x'ed out the number)
87960U991 Buy / Sell 0.00 0.00 ... $0.00 xxx,xxx $0.00 $0.00 ... $0.00
It was in one of the sec filings. 1 or 2 years can't remember
Well i have my teliphone restricted shares
87960U991 (is the ticker of sorts)
The current price is 0 but i have loads of them.
Does that make me half way to been rich ?
it's only the share holder record date that has been set. So no spin-off yet.
Too much float for the stock ???
The reason MM's are able to move the stock so much on low volume is that there is little to no float.
There are 50 million shares with the VAST majority in safe hands. By this I mean investors who are in for the long haul.
The price either went up/down (i cant remember which) early trade by 8 cents on 17000 shares when i looked. to move a stock that much on such small volume speaks of little to no float. (I may be out but not by much)
Say I was an investor who wanted to invest a few million. My first stop would be direct to the company to see if I can get a private placement. Lets also assume they told me to bog off.
How many shares do you think i could get for say $5 million
I think we both know it's not as simple as dividing $5million by the current stock price.
Incidently 50 million shares is a good number to go to bigger exchanges without splitting / reverse splitting.
I'd say the float is perfect....
Good point on the distributor rites, any others anyone
as for my $3 prediction, I think most here believe ALMI is worth at least this once the sales pipeline is established. Companies buying and friends of CEO's etc will also see the potential of making a profit "BEFORE ANY SALES ARE ANNOUNCED". This would not be insider trading, more a fact of life.
As volume is low i don't think there will be any announcement of sales in the next two weeks, when volume picks up and the price starts spiking up, i would expect a sales PR to follow within a fortnight.
This is why I think there is a good chance to hit $3 in November, (with the Sales in early December).
My main concern here is that the news this year dissapoints, ie 1 sale of 500 ton is not going to do it, I would like to see many small / mid sized deals as opposed to 1 big one.
If they come through we are sorted.
Tend to agree with the forcast $3-$5 by year end, that was my prediction a while back and I still hold it to be good. I also agree that what is more important is improved quarter on quarter sales growth. It's the growth that will return the high PE not intial huge sales which put the mine at 100% capacity, and we cannot improve on.
Also a thought on the proposed split. I would assume ALMI would retain the mine / miners and profits from the mined material (IE Clay). The spin off could perhaps add a premium for making it NANO ready. But what else.....
Ok we know we have some patents which could bring some profit. We could also hire out some specialists to help people implement the technology. Any thoughts. Apart from the inital profit from the clay what else is there.... This I feel will be a topic for the future. Could the spin off be profitable and free standing without owning the Atlas mine.
Overall excellent News
Yes very interesting, well worth a look for those interested in naked shorting. It also goes into what happens when the short is so large than the original shorter cannot cover. ie goes bust...
There was no volume in that run up. From memory there was a chart pattern at the time that predicted a spike on TA alone.
I'm not saying there is no short at all only that it is insignigicant. a few thousand shares either way.
The fun starts pre sales announcement. When volume picks up and we start heading up expect a PR within 2 weeks. I predict this month or next.
I doubt very much there is any significant short to cover here. While we went through the low volume period it would have been a perfect time to cover at least some by lowering the bid, hoping to get some sells. What we saw was not aggressive enough to be anything more than random fluctuations.
This is still wait and see. I believe we will still see $3-$5 by the new year. (Assuming some sales are finally announced).
A thought, (after a few pints)
In my previous posts I suggested that the sales process may not be as simple as a traditional buy/sell transaction.
I don't believe the MM activity here is overly weird, nor do i feel there is significant short interest. (what was reported would be insignificant and is also unreliable). In any case not significant.
Anyway my thought
We now have (documented) an institutional buyer. These people talk to each other in at least they will pass on information AFTER they have taken a position. SO if someone else wanted in for 10-20% it would have to be done as a share issue. If done in the $2 range it would also have to be done pre any announcement of sales. Plus a little buying from the float.
These holders apart from the investment direct to the company will provide long term stability / credibility as we move to another exchange.
You think the next PR will be sales.???
I think another holder PR/Filing and only then followed by sales PR
(as i said a pint or 2... who knows)
I understand your frustration, but the nano route as you must realise is very complex. OK we can produce the product (with some fine tuning).
If you sell to a large multi billion $ company developing new product ranges then fair enough, once the general theory is proved they may take a punt and buy a few tons and experiment. However I feel the cycle here could be very different. Smaller companies need product (Samples) to develop with (Samples been a truck load rather than a bag of sugar). Then when product is developed (we sell by the ton for a low $ price) and sold onto a reseller, then we get paid again by the profit made.
If this was selling clay for pots then I think we would be at $3-$4 by now with little prospect of going any higher. here we have a potential of a $10-$20 stock (anyones guess) the money generated been plowed into new projects. Contract mining taking on more and more employees. etc etc etc
I for one am prepared to wait....
The first bit is a non event ie vote for the current board , do you accept this / that. very very boring
The second bit is probably a little (but not much) more interesting. The money spent will be reported in the next 10Q and may be a surprise, For example we spent 2 million investigating our new properties and will keep shareholders advised of future events.
By a surprise I mean by making this statement they are preparing the shareholders for a line on the 10Q
The above is a guess based on the PR and holds NO INSIDER INFO whatsoever
I hold 13000 shares and have no connection to Atlas other than that.
Picked this out of the filing. I thought the directors held many more shares that this. Although one holder owns 52% !!!
Title of class Name and address
of beneficial owner (1) Amount of
beneficial ownership Percent
of class*
Executive Officers & Directors:
Common Simon Lamarche 0 shares 0%
Common George Metrakos 150,000 shares (2) 0.3%
Total of All Directors and Executive Officers:
150,000 shares
0.3%
More Than 5% Beneficial Owners:
Common Benoit Laliberté
220 de la Coulee
Mont-Saint-Hilaire, Quebec, Canada
J3H 5Z6 26,250,000 shares (3) 52.5%
40k at .1 giving me 90k total. Not as much as many here, but enough for me.
It can go to $2 now.....
Gl All
The Proxy form will be sent via your brokerage firm. It's probably just re-electing the current board.. Nothing to exciting..
I had the letter posted to me by someone from the foothils group. Don't know why it's not on the Web-site but I expect it will be by tomorrow. (If not sent out as a PR).
Agreed
The statement in the last PR did seem a little pointless. Which is why I classed it as a 'We are still here' PR.
Sometimes when you are expecting news from a company which is not forthcomming the silence can be deafening. By releasing the PR which in investment terms amounted to little more than what they had for dinner, at least had the effect of stating 'No News yet. But nothing wrong either'...
ie 'We are still here'
I had another thought about the selling price of the clay which again may not be as simple as $500 / $1000 /$2000 per ton...
One of the SEC filings pointed to obtaining a selling price along with continued income once the end product is sold. By this the price of entry for companies could be quite cheap initially, as both companies effectivly share the risk of product success.
This would provide a long term revenue stream as opposed to immediate profit. This I approve of in general, although I would like the company to at least be profitable before investing to heavily in this type of transaction. Initially a mix would be good moving towards greater gain in the longer term.
I may be reading too much into the statement in the filing, time will tell....
A thought on the reserves, it may not be as simple as 'we had 300k tons we now have 600k tons + estimates of xxx to be discovered'.
What percentage is stained ?
Mixed with other rocks / metals to require extra (more expensive) refining?
Does not contain viable nano tubes.
etc etc etc
If you extract the tubes from the clay what is left?
Nothing at all ! or
Something that can be sold! or
a chemical mess that needs to be disposed of carefully (At a cost).
This could get quite complicated, and needs to be understood in the longer term. PR's are not the way to hand out this type of information...