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I agree, I don't see this as a negative thing...just wishing I had more to put in lol. They are CURRENTLY at pre-merger prices, just below possibly...can't remember exactly what it hit as the low.
The moment they announce anything, even slightly better financial results than even last quarter to display an upward trend at least then they are going to pop. How much of a pop will be dependent upon how good the results are, if they have publicly released a "winning" strategy", if they get any press/articles written about them and their "comeback".
The moment they show stability they will gravitate towards their book value. From there, they will only gain more attention and continue upwards. At some point TMZ or some junk like that is going to catch a photo of someone famous going into a Fresh Start clinic lol.
My guess is in the next 2-3 years you will see it break $4, get onto a proper exchange, and then will easily inflate into the $6-$10 range...
So, just be PATIENT or get out. It isn't likely to happen in the short run, but in the long run they are going to have incredible growth if you are paying 2-5 cents per share.
By the end of year I would say in the .25 to .50 range at least. I've been maintaining that we won't see .10+ until 2nd quarter results are released. Last quarter was strategizing, 1Q 2012 is implementation, 2Q 2012 is the first chance to see how that is starting to play out. But those results will come mid 3Q...
I'm totally on buy mode :P
Actually been quite a few buys if you have an account with Zecco. They show you the "community trend".
Is anyone still reading? Wow did this get long...
Or they're just not ready to release that information and it will come out sometime in this quarter. Just be patient...
Go play the volatility indices if you are wanting things to happen quickly. From a business perspective, you don't want to come out weak or look bad. You want your PRs to mean something and you want to come out incredibly strong on this one to set the tone going forward.
I think it is more cyclical than anything else. People in and people out all the time...
Eventually though, there will be the press release for strategy, for ad campaign, and then the release of last quarter's financials...
All of which will cause an influx of people :)
And if the news is really good, then it will cause a significant one. Maybe even land an article or two highlighting it which would drive an even bigger crowd in!
Till then, nothing to do but sit and wait...viable product, viable company, etc. etc.
It'll jump (eventually)
You do realize it's just a gentleman's bet right? At no point am I ever giving out my address to anyone here regardless of outcome lol. And by no means am I sending anything, but in turn I expect nothing regardless of outcome....
It was mostly to spark commentary as the boards have been rather dead ;)
It probably would have hit it if I didn't forget to change my buy order lol...
So, yeah just bought a bunch of shares at .025 :P
Taking bets!
I'm betting $50 that with year end selling we see it go below 2 cents for a brief moment. The bid will go below, the ask will prolly be around 2.2 is what i am guessing.
Any takers?
What happened >:|?
Bam -20% drop...why...lol...
Depends on your definition of "soon".
If you are in the short short term then year probably not, but in the short to medium term there are few companies with REAL potential to go 10-20x their value. Very very few...
2nd Quarter of next year is when you should sell in my opinion
By the time financials release it will be 3rd Q. The revenues of 2nd Q will show that they are definitely moving up and getting noticed.
Right now they are strategizing. 1Q 2012 they will implement. 2Q it will start to trend upwards and be visible in the financials of 2Q which are released half way through 3Q :P
Takes some time, but few others are going to jump 10x their price :P
it won't ever hit .01
I wonder when they are going to release their overall strategy...it's been over a month since merger
Any idea on when the next press release will be?
Agreed.
If it goes to 1s I am going to buy half a million at least lol...
Do you have any logic for this other than year end selling / re-buying and in some cases maybe not re-buying
Very nice volume...maybe it was just a quick flood of shares either to get liquid assets or restricted shares becoming unrestricted, but dang look at it go
Did anyone ever figure out what is going on?
That is a pretty hefty/scary price drop...
You've been saying that for a month...we're yet to see that ever happen lol.
Maybe they big dreams......badoomp psht!
That's not so bad...
Net loss of only 1935
No real revenues yet, but hopefully the ad campaign will make that happen soon!
I'll set my buy to .03 then lol ;)
:P
Everyone knows they are broke lol! They have some new financial backing and hopefully the technology picks up.
But they have no strategy yet, they were already heavily indebted, and they have to come up with more cash to make things happen.
Nowhere in there did i say panic...just stating the facts of why they are delaying their filings
That and it is going to have ramifications for when there will actually be a return (meaning it is going to sit at this super low price for a really long time before it picks up). Probably after 2Q 2012 filings...
Because now they put their financials out or were supposed to. CPA...when companies delay it is usually because they are working hard to cover up mistakes.
The filing is delayed cause it is cash poor and about ready to go under as is...they're working fast to cover up their mistakes!
Just bought 140,000 shares...had about 100,000 prior to that too...
As soon as this gets out to the press it is going to SOAR. Strap yourselves in!!!