is not your daddy's uncle no matter what your sister says
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Thanks for posting here iVan. I'm glad we have someone who holds the actual HK shares, and lives in China as well. Your future perspectives on Dragonite will be greatly appreciated here.
I hope you will be able to recoup your initial investment and a whole lot more. Good luck to you
Sang, there is really nothing simple about it. In the intro box I placed all the links that I could. Recent earnings, restructuring, Hong Kong exchange values etc.
I myself have been trying to wrap my head around all of it as well. You are correct in that we will not have a definite share structure until 329:HK opens for trading in February. They are still reorganizing now, and are trading under 3 different tickers.
Yoda is very well versed in the numbers side of it and he is trying to "estimate" the value of these shares. He even said himself that he could be wrong. Its that old saying of what seems to good might not be. But with the fact that Dragonite is virtually unknown here in the states it just might be true.
BTW they're not going to be unknown for long if all these lawsuits keep pouring in.
I think simply put, if the retail investors in China start pouring back into this in February, then Yoda's numbers are not that far off.
If they don't, then the PPS will go down, and I'll have another bag to hold LOL. I won't mind if some of those e-Gars are in there though hehehehehe.
In reality buying now is just a crapshoot, nothing more, nothing less. I put 1500 on the hard 8.
I just don't want to wake up that day and have to buy all my shares north of 0.20
Even if the PPS doesn't increase dramatically right away I believe it eventually will. Dragonite is being very aggressive in fighting for their patents which tells me they will be flooding the US market very soon. Like I stated here and elsewhere before, this is going to be a very interesting year for the e-cig industry and it looks like Dragonite is going all out to be #1.
And let all the M & A rumors swirl. I don't think they are interested in selling out. They wouldn't have gone to such great lengths to restructure the company after they gave Phillip Morris the proverbial finger.
But please, all you big tobacco companies out there, show us some interest. All that will do is push the PPS into dollar land, and I for one would be very pleased with that!
These are only my opinions, I as well, have been wrong before.
i wonder if we should start having contact with our president/distributor?
That is just what I think. I hope now.
It is so hard to break through "political" barriers
OK MY FRIENDS,
If the slop hits the pocket, you'll know where to look.
Me thinks if Yoda is one half right then its still a winner.
all opinions are necessary here!!!
Feel free to congregate ..........................
Sell your bank now, and buy CBIS
Or shorty has his price.....Either way, its good to see trades. I've been watching this squeeze for 3 mos, now. IMO summthins gottta give. upside maybe.
But you all have let it walk down. Panic selling is why others buy.
I'm waiting for the sportsbook to get hot.
Properties are as good as they are. Airtime is the key for me.
Let everyone else panic, and then buy it all, right ?
IMO Shorty's days are numbered....and he's getting close to zero
rinseadndrepeat. LOL. GLTA
Holiday on Monday too.....I just got another 5k.
My disclaimer is that I currently have 20k shares in DGTLF.
Win, lose, no matter.
Just a nice quiet board with fact hunters....I'm ready
and, if my calculations are correct LOL, DGTLF stops trading again next Tuesday until Feb. 8.
The window is limited.....
Brilliant post Yoda
pass-a-grille, I LOVE that beach, took that one on Monday. We were waiting for our sunset but the clouds swallowed ol' Sol right up after that.
I agree, that's why I'm still here posting.
YEAH LOL. I clicked the button and there I was. Learning more everyday.
You are right.. I think that SFIO stands to gain because they have their own patents pending.
IMO there is going to be a crapstorm of litigation this year. Alot of these smaller companies are going to go to the wayside because they don't have the money to fight it. Leave it to the Chinese to go after N-Joy just after they successfully got them into this country via Court of Appeals. hehehehehehe
But SFIO now can focus on their product as the dust settles around them. They have their own unique product so the Chinese should have no "beef" with SFIO. As these other "faux" brands go bye bye, it could vault SFIO to top five instantly
Its going to be an interesting year and the party is just starting...................
As always this is just my take on things. GLTA
You are preaching to the choir my friend. CBIS is even late filing every quarterly. I'm used to it and it doesn't bother me anymore. We all know what we have here.
Yeah its because they have been PR ing the new share class since October, all they have left is the blessing from FINRA.......I would be silent too.
Funny stuff....We know what boodlesses has in his pocketses.
Now just waiting for what FINRA has to say. It should be here any time now. I hope.
Rinse&Repeat damn
Well, Ruyan turned PM away before...............
Maybe they think they can do better on their own. I mean, would you go through a 400 million dollar restructuring if you could have just sold the patent? Hmmmmmmmmmmm
NICE!!! Like Yoda stated, either they pay royalties to, or get shut down by Dragonite. It gets better by the minute, and it was good to find this news in the company update section of the website as well. IMO They hide nothing from shareholders as far as I can see
and a fully reorganized company ready to stake their claim
i hear
I think anything can happen in this sector. Its good that they are being so aggressive in fighting for what is rightfully theirs. I'm still looking for where I can purchase those e-Gars. I've just been working on history for now, and PM was already in talks with Ruyan before the FDA v N-Joy case.
Thanks Sang I'll sticky that
It just seems strange that only certain trading platforms are letting us buy these shares. I'm not sure if I should get as many as I can now, or wait for the final restructuring. I'm leaning towards waiting just for the points you brought up, but I'll be kicking myself if that big gain comes.
Either way, this one is very enticing. The more I read, the more good things I find.
I'm actually quite amazed at the professionalism in this company i.e websites, and reports. I guess its because I have been so used to the opposite from the others.
I'm going to delete the old AS until we get something concrete.
On Scott its .07 / .075. there really is no bid though because I don't think anyone is selling just yet.
It seems that only certain platforms are allowing people to buy this
*newmed, dont let all that power go to your head
Well lookie here, this is already getting good.....
------On 12 January 2011 (Hong Kong time), Ruyan Investment (Holdings) Limited (the “Plaintiff”), a
wholly-owned subsidiary of the Company, has initiated a civil action for infringement of its patent,
United States Patent No. 7,832,410 (the “410 Patent”) against (i) Smoking Everywhere Inc., a
corporation incorporated in Florida and (ii) Instead, LLC and BLEC, LLC, which are incorporated
in Nevada with limited liability (collectively, the “Defendants”) by filing a complaint for patent
infringement against the Defendants (the “Complaint”) in the United States District Court of the Central
District of California (the “US Court”). The Plaintiff is the owner, by proper assignment, of the 410
Patent which is the first United States utility patent issued in the name of Mr. Hon Lik, who is one of
the executive directors of the Company and is recognized as the inventor of the electronic cigarette.
The Company is confident that it will prevail in this litigation and that its patent portfolio will provide
broad patent coverage over the electronic cigarettes as more patents are granted from our core patent applications.-----------
http://www.dragonite.com.hk/upload/news/1294921360_EW0329ANN.pdf
got the 2010 interim earnings. Pretty detailed, fancy cover page too LOL
http://www.dragonite.com.hk/upload/news/1283159275_EW0329IR.pdf
This is the one I like the most
http://www.dragonite.com.hk/eproduct_detail.php?proid=7&parenttypeid=3
Maybe even some older earnings reports or that $450 historical chart LOL.
Alright, now I think we have an info page!!!!! I'm going to need your help to find the current share structure Yoda. Then I think all the bases will be covered.
GL to everyone else who snapped up a few today, any new thoughts or DD will be much appreciated
I'm trying to work on the intro (i-box) page while I have the time also.
I know I've had no problem getting shares ;)
besides the 300K shares or so bought today and yesterday by who knows who) of this DGTLF
The ask actually moved up to .08 for a short time today when the buys started coming in, then it settled back to .075. I'm wondering if an MM or two will pick up on this.
I flew home to Chicago from Tampa yesterday no problems. I guess if your going to get stuck, SD is the place to be. Gem indeed
Are you going to visit any friends in China soon ? Just kidding.....Good luck thumper, and welcome aboard.
Cool, just thought I'd ask. Good luck with your buys today, I picked up some more as well. .07/.075 seems to be the going exchange rate right now.
Can't wait until this opens back up in China early February. Its starting to look like a steal in this range.
Your thoughts are always welcome.
Good luck saj. I see you have been here a good while longer than everyone. I kind of fell into this moderator position, are you interested in assisting?
More pressure puts the ask up to .08. This is getting good IMO
someone just slammed it for 100k, looks like game on......The cat is getting out of the bag Yoda
no news ??? IMO way to "cheep" I had an order in for the last 3 weeks that finally filled today,at 4, not 3.???
If I'm wrong, then so are we......just "gambling" on the outcome so to speak..
Just wanted to thank all, even 100 kjob eer.
and to BBF whoever you are........Great board for me to read TY !!!!!!!
Just asking questions......I' not skerd
OH MAN Its good to be home again, I just flew in from tbrays country and boy, are my arms tired LOL.
That was me who purchased 5000 at .07 this morning. For some reason at Scotty's house the ask dropped to .07 from .075 at about 9 ET. I had a bid for the .075 but I dropped it when I saw the ask move......Exchange rate maybe????
Yoda go to ST and open an account, they'll let you trade anything apparently....I'm going to accumulate if I can back up your DD for myself. Outstanding job it is!!!!!!
Thanks to all and welcome aboard...Good Luck, and good trading to everyone.