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here's the important link for everyone :
http://www.cetektechnologies.com/index2.htm
hey Orangemen, go search around the website. Things are gonna rock on Monday ...
they're incorporated in Delaware... some feel Halil holds the SHM in Vegas to limit the number of attending as the number would surely go up if he held it in the Northeast... Vegas is a common destination for SH meetings , because of it's entertainment and convention venues...
huh, earnings and revenues are the same thing there king ...profits are another matter and I truly doubt they are netting anything over 10%, likely lower... we don't know and won't until they file.
Everyone's been questioning OrangeQueen regarding his turn around about CTKH, and I think my line of thinking on my previous post may be why. He's been following the company for years as we know, and always states to listen to the PR's not Fayiz or JS...
from the Dec. PR : " Our original business plan's objective was to become a fully reporting public company as revenue growth dictated. It would be likely that we will see this objective met by the end of 2005 " ... also proof again that round's figures were wildly imaginative.
notice the wording here.. as revenue growth DICTATES , not when I finally feel like it or because we want to do right by our shareholders... Hilal has no desire to put the money out to do audits or to let anyone know "his" business. He will HAVE to , this translates into crossing the all important 10mil rev treshhold.
how 'bout it orangeman, am I close?
I think it'll be this year, not because Hilal wants to, but will have to begin filing becasue he will cross the $10 million threshhold to remain non reporting. It has been said that he has stated numerous times that he believes a fair market value would be approx. .05
$10 mil / 5 billion OS (which is high we know) = .002 x a very cautious EPS ratio of 20 puts us at .04 ( the OS is actually smaller, the earnings are likely to be slightly higher than 10mil even , and the EPS ratio is small for an industry seeing this kind of growth)
I expect to see the PPS spike to an EPS ratio of 40-50 when financials are realeased (possibly higher if acquisitons have taken place and sustained growth at the pace it's been taking place looks reasonable/possible) I will sell most of my shares around .10 and look to get back in with a portion of those profits between .04 - .06, and hold those new shares for at least a year as well for long term tax rates. ( I've held about 4 mil of my nearly 6 mil shares for over a year now)
not really, if that's what they were doing I suspect we'd see a quick move to .0015 and a lot more volume... I see it as a buying lack of interest, hell, lack of any interest, those who have any significant position are either holding or accumulating ...
not true regarding the previous REGDEX, most who have been folowing closely this past year and had any interest have read it on the PF board.
... and I was refering to the fact that CD's are convertible at a future date(thus my comment that it's not likely that that date was less than a month), not the limitations of a REGDEX filing being used within a year. CD's are used in lieu of any other form of collateral, the shares are the collateral and sometimes the loan is paid off and shares are never issued ( I truely doubt this is Fayiz's intent though)... as I've stated before we don't know and aren't likely to ever know the terms of this filing. Why do you continue to spin everything in the most negative light based solely on YOUR suspicion, still not over the fact you were burned on the RS? I suspect you know nothing more than the rest of us...
and CD's are limited by a time frame, it is doubtful that that term was one month. Why do you post a slanted definition/explanation here for those who are unaware? Most CD's are not death spiral financing, and it is plausible(though I would agree not likely) that a vendor would accept a CD as payment. Why you trying so hard over a rather small issue orange, I thought you held shares now... are you looking to get more?
my copy by mail cost me exactly $0.00, Miami paid a service to obtain it (a matter of expediency), he didn't pay for a copy of the document.
weird that other boards seem to be working fine on RB, but CTKH isn't.
brg was right, I found it on page 8 of 9, had missed it as the last few pages didn't appear to have anything filled out.
I'm somewhat aware of what a CD is , and we really have no idea what the terms were, it may or may not have been offered at a discount... it's even possible it was offered at a premium(although I admit not likely with a pinksheet company) we really have no idea and aren't likely to ever find out...
what makes you think the vendor(s) weren't from MN ?
two things...
#1 how do we know these investors are from MN , I just got my copy of the REGDEX the other day in the mail, and there is no check mark by any state ... (by the way geoly, it's plain as freakin' day that's it's Fayiz's signature)
#2, if they are indeed from MN, it's perfectly feasible that they could be vendors, if they were helping build a new furnace as has been speculated, the talent required, price to do the work, etc..etc.. would allow this person/persons to be from anywhere ( or their firm ) and if it was for materials, the same applies...
damn, this is getting to be the board to be on... all hail the queennie ... I'll second geoly's ??? .. what up that you say your long orangeman, or are you an imposter assuming the moniker ...
nice to see ya queens... you aren't gonna come back to RB ? I'm sure there are many who will be interested in hearing about your conversation .. thanks ...
sorry skit, we must have been typing our reponses at the same time ...
because as has been discussed, most feel that shares will be a part of the deal. Noone in their right mind is going to accept shares w/o getting a gander. That's the difference. If no shares are part of the deal, certainly there'd be no need, I don't think that's likely.
to not show his cards in negotiations for acquisitions, although he most likely has to turn over the books before he can close anything.
I agree. There was/is evidence that they are finally starting to buyback shares, which indicates they now have the finacial resources to do so and the Fayiz does stick to his word. Everyone has a problem with timeframes and little or no patience. There are a few of us on the boards that have been and continue to accumulate instead of bitching about the lack of news or financials. Most non reporting companies don't bother to provide a quarterly report, Fayiz continues to hold up to his commitment to do so, w/o any bs fluff PR's in between to pump up the pss... to me this indicates credibility-this is not another nonreporting scam.
The possibility of a RS exists, of course, but it won't be for some time and I'm confident it will/would only be done in order to move to an exchange with $$ requirements(ie. Nasdaq). We need to keep in mind that there are plenty of pinks out there with OS's 2-3 times what CTKH has that have run into the multiple pennies (QBID comes to mind right away, still operating at a loss, os 8b+ and ran to just under .02 last spring)
he does, but I wouldn't follow round, last year during the Jan. run he was holding close to 3.5 million shares , sold some off,lost his shirt in PAVP, and the last time he said I believe he was just short of 2 mil shares in CTKH, not exactly a model to follow for swinging this stock ... personally I continue to accumulate, have been and will continue to buy up to .01 , I don't have a ton of dispossible cash to invest, but add a few hundred bucks every month and now sit w/ just under 6 mil ( nearly doubling my possition from last Jan-Feb. and still ahead (although not much , my average pps is just over .0017). I'm confident this will reach the multiple pennies when/if any of the speculation comes true.
the post was by Richard "Roundmot", Geo simply cut and pasted it here, if you read the RB site I'm confident you are aware of who round is ...
there are plenty of us who would/will make a few hundred k when this hits multiple pennies ...
they are a privately held company
the 50 day MA (.0017) is getting ready to cross the 200(.0019) as well, last time we had a nice spike for a few days afterward... lets hope Geoly's right and news is just around the corner, Monday would be great as the SHO list has continued to show CTKH all week...
round is back, but posting sparingly on the RB and his yahoo board , ongoing computer issues supposedly ...