Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That's what happens when you don't file. And the last two quarters that you did file, you didn't do what you said you would do. So no reason to believe they will succeed at doing what they've said lately, and thus the pps has fallen. If these things don't change, there's still a lot more for the bid to fall.
I suppose you had at least two conversations with him then as you previously stated they would be out in September?
Anyway, maybe something after hours today with the volume. But let's hope someone doesn't know something today as the selling isn't a good sign. At this point though, I'd rather just know, good or bad, instead of not knowing.
This company is funny. It's kind of like, why submit a NT if you aren't even going to follow the rules of the notification? Either way I'm figuring out more and more that the pps will never hold above 10 cents on their own, they will have to get bought for this to occur.
Once again, a nice buying opportunity at these levels. Should get back to mid 30s/near 40 again within the next month.
This is the most time they've taken after submitting an NT to actually file, maybe not surprising since they have more to file this time but still thought it might be quicker than the max time allowed. Either way, I look forward to the reports by Thursday evening.
Action today is really interesting, bouncing off 5 then up to 9, then back down. All on lower volume so far, so not sure it means anything. But it's interesting to watch while waiting for the 10-Qs.
Notification that the Quarterly Report will be late. This is a great sign that the 10Q, hopefully two of them, will be out within the next two weeks, and maybe as soon as Monday based on past quarters.
What makes this a landmark PR? Or what makes this one stand out more than the one from 3 weeks ago? Admittedly, I understand more of the numbers than the actual science but from the last two PRs, it sounds like a lot of progress has been going on this year and I'm still hopeful it will result in sharp increase in revenue.
I get it, small volume. But it's not so much the person who sold but rather the fact someone was willing to sell their shares for 5 cents just tells me that not much has changed with the opinion of this stock since the recent announcements and I am hoping a change comes following the 10Qs.
Well, back down to 5 cents again... Based on last time and the assumption that someone is trading based on news that isn't out yet, I can only assume this means the 10Qs should be out today or tomorrow and they do not look good. Although lower volume today than the other week, so maybe just being pessimistic but I'll feel a lot better once they are up to date on filings.
Picked up some more today at 10. Hopefully 1. the 10Q for the last and current quarters are out this week or next and 2. they show an increase in revenues and possibility even profit like they expected. If both these things occur, I see no reason why this isn't back to 20 in the next month or so, like it was at before a few times now.
Like clockwork with this stock- every few weeks or so, back to the upper 30s. Good day to sell if you haven't already (like me, a bit too early) and wait for it to come down again. It's been a fun one to trade.
It rarely works out as good for me as it has so far with this last buy. But with my now ~40k shares, it seems like small beans compared to others here. After the 8K I had a bid out at 7.5, didn't get but now with this news, there's no way anyone will let their shares go for that low now. Hopefully today is the last time in the single digits!
With no volume so far today, it seems obvious someone had inside info about the 8K. Still though, I thought we would at least see some volume by now and even a bump into the 10s today, still time left I guess.
What do you mean by 'that was then and this is now'? Are you saying any possible acquisition price would probably be less than the actual value of VODG? For a company like this though, it seems rather difficult to put a fair valued price on.
8K out- "strategic alternatives to enhance stockholder value" I assume that means they are looking to be acquired, so it looks like you were correct. Hopefully they are able to find a buyer. And even more so, at an acceptable PPS. Question is, what is that acceptable PPS? It has hit 0.25 a few times in the past, so I would assume they looking above that. For a typical company, 50-100% premium is normal but as we've discussed earlier, this isn't a typical situation, so perhaps higher than 0.50? Especially if the last two quarters have shown an increase in revenues.
Wow, so far so good! Highest volume day since last September and the day isn't over yet. It does seem like something is up, hopefully good news, as it's been a long time coming
Not sure if it was a smart decision or not, but the under 6 ask was seemed too good to pass up and I bought more today. Guess we'll find out in less than month. And hopefully we see some business related news in September as well.
Interesting end of day action today. Some back and forth action with someone actually going for the .1299 ask. At least there's something to watch while we wait for the filings in a few weeks, hopefully.
Thanks for the continued info. I, too, will continue to wait for the filings, which I hope you're correct about their timing. Do you think we'll see an update on these product line advances before or after the filings?
In the meantime, yesterday and today someone has set the ask at 12 cents. Probably just someone being hopeful, especially with nobody biting, but it is interesting considering this hasn't been at 12 since June.
Good day to buy this stock again. Should be back in the mid 30s within a few weeks to sell. Great short term trading stock.
Thanks for the info. From what others have said, it doesn't seem like they plan to suspend their SEC filings. It also seems like just a hope that there are plans to have an acquisition or merger, even though I share that same hope, just it has been too long of a waiting period for that and there is no data to support that hope. Based on their PR from April on the expansion of manufacturing capacity with Erik Van Horn's return to the company and based on their PR from June on Toxicology testing trials, it seems like option 3 is the most likely option. Despite the fact that they appear to just be busy with various activities behind the scenes, the overall consensus seems to be that with everyday that passes by the chances are greater and greater that the SEC suspends this stock.
Question- do they have to file a 10Q being on the OTC? Or can they just skip a quarter and move on to the next one with no negative consequences? I think the answer is no they don't have to file, but not sure of any negative consequences?
Also very impressive volume yesterday for sure.
Well, had to wait 3 weeks for upper 30s, hopefully everyone capitalized. Will buy back again in the 20s, rinse and repeat. For once, switching up my strategy on a stock seems to have worked.
Thanks for sharing, I will take your word for it that it was a good one. And hopefully he has good reasons to not file the latest 10Q. I've only been in this stock for a little over a year and have added more than I sold in that time, but one of the big reasons I invested was their consistent filings and PRs and at the time, increasing revenue and earnings. Which last year the future still seemed bright, but this year after decreasing earnings and now total silence, it is concerning since my basis for investing here has disappeared. Not to mention I've invested in small companies before that seemed promising but then quit all communication. Anyway, I will continue to wait for any type of news.
Says who? Were you able to talk with Dr. Musick? Hopefully any kind of news is coming sooner than later.
A buyout is certainly something I hadn't taken into consideration and that could explain the delay. But for 10 times the current market cap? That would be great but seems incredibly high and unrealistic, considering the highest premium I've ever seen paid was about 150%. I could see 20m if the company has shown signs of growing with increasing revenue but as of right now, it's still all just expectations. Either way, I'm still in this until the end of the year, as by then they should be able to release some kind of info as to what's happening.
I might do that but by your tone I take it he probably won't. You have always seemed to know the most about the happenings of this company but are now saying very little, and that is concerning. At least that is my take. It's the same take I have when a company fails to release a quarterly report, since I've been in that scenario before and it typically does not end well. Hopefully that's not the case here!
It seems this one will be delisted soon per the NT 10Q from May. From the looks of it, they were supposed to submit a plan to file their 10Q but there is no mention of them filing or submitting anything.
And another big volume day today, biggest day since April. Something seems to be going on. Again though, never a good thing to be in the dark, especially after not submitting a 10Q for the first time in over 30 quarters.
Larger volume last week on no news and still no report. Now over a month later than normal. I suppose being OTC they don't have to file but considering they brag about consecutively reporting, I never thought they'd go dark. Maybe taking the company private? It would make sense for a small company like this. Any thoughts appreciated.
I do not have an answer for you but I will say I have also re-evaluated my stance on this stock. In April, I was looking for 60s by Aug/Sept but no longer think that will happen. Fortunately I was right about it going to the 20s, bought more and was able to sell on the pop to 40 for a slight gain. And I think we'll see 20s again sometime in July, but at 34, you should be alright and be able to sell for a gain in the upper 30s, possibly this month as well!
Anyone know what the deal is with earnings? Or rather, lack there of. They are later than they've ever been and typically they file a NT-10Q but nothing this year.
all good news. but hopefully it shows up in earnings, or else it doesn't mean much.
Only problem with this is that management said several quarters ago that we should see results of their so called vision but of course this never came in Q4 or Q1, and in fact were much worse than Q2 or Q3. And yet I'm supposed to believe results are still coming in the next couple quarters?
seems like the buyout target is now around 10 bucks. Guess that's what happens when management promises a lot but delivers nothing. Unfocused company with not a lot going for them.
Fair enough, if you have shares by all means keep holding onto that off chance. But there is no reason to buy in or buy more shares of this company.
Looked this one up for the first time in months after selling for a big loss and you are absolutely correct, there is no reason to ever consider buying this stock and I honestly don't know how it still trades. Worst decision in stocks I have made with this one. And the thing is I bought in late 2011 when they had supposedly had 34 million in revenue and had 6.9m income and their stock price was 4 cents. Seemed way undervalued at the time but I now believe these numbers were completely false. Especially considering they dropped off the face of the planet and I can only assume they went bankrupt.
Looks like this won't be rising on expectations alone. Makes sense considering the history here though. Hopefully next report they will "show us the money!"
As I expected, 20s were hit today. Too bad I didn't pay attention today until after closing! We'll see if it gets there again...
This sounds pretty great. The volume from the other day makes perfect sense now. And so does Shuster leaving being considered a good thing. Hopefully this results with increased revenues as was stated last year, just several months later than expected.