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.
Unbelievable, appears that the delisting from NASDAQ has caused the drop, and I bought a ton more to average down to take advantage of the situation, as this stock in my opinion is severely undervalued and this is a sell the news reaction, it should rebound from somewhere in this range.
I am severely dissapointed nonetheless. In fact I believe we now have hit a lifetime low for NETE.
Targets of $3 to $5 are, in my opinion, possible, and that could be in the next 6 months to a year. We need to see what the outstanding share count turns out to be. Understand that there are a lot of new shares that are going to be issued in the 60 - 90 cent range based on the warrants, while the stock trades above that, so we could be looking at 20 million shares when all of this is done or more. I am thinking more along the lines of $3, but higher is certainly possible, and $5 maybe eventually. I think the MTI-X deal is really whats going to need to execute to really propel this stock, otherwise the existing growth is just not enough on its own.
But as I mentioned in another post, the path to get there, who knows.
From the DPW press release on 6/30:
The Company reported that it has received from its customer, MTIX, Ltd., order instructions with production schedules and specifications which have launched the formal production process for the machines that utilize MTIX’s proprietary technology. On March 15, 2017, the Company announced it had been awarded a 3-year, $50 million purchase order by MTIX Ltd., headquartered in Huddersfield, West Yorkshire, U.K., to manufacture, install and service textile treatment systems that utilize MTIX’s proprietary Multiplexed Laser Surface Enhancement (MLSE™) system. The Company confirmed that though production planning and scheduling had been underway, these tasks are now being driven to completion. The Company is fully engaged to incorporate the customer’s final specifications and schedules into the production cycle and implement, execute and manage all aspects of this new revenue stream. The Company disclosed that invoicing for the initial deposits necessary to launch production total $1.5MM and anticipate additional invoicing to support the escalation of production over the coming weeks. The Company stated that revenue from the production of the MLSE machines will be recognized in fiscal 2017 and should measurably impact both the gross and net profitability for the Company.
Regarding the progress made in production with MTIX, Ltd., Mr. Kohn said, “The execution of the general contract with MTIX, Ltd. has resulted in a positive material change to the future prospects of the Company. The added value to shareholders is yet to be understood. Over the coming years, this contract and relationship we believe will provide massive value to our shareholders.”
What else needs to be said. So DPW trades almost the entire outstanding shares on Friday, and AVLP doesn't trade a single share. And who owns MTI-X? Unbelievable how much of a hidden gem this is, I simply cannot believe it. Come time tomorrow, I may just take out that 17 cent ask, even with the over-abundance of shares I already own.
But, we are still waiting on those lagging filings which I am not excited about.
Shocked that the price could drop this low. My only response has been to buy the living tar out of it in the dime range, "luckily" financed by another successful play timing-wise, otherwise I would've been stuck staring from the sidelines. This is the bargain of a lifetime, in my opinion. At this rate there won't be that many shares left for purchase at this price and I expect the ask to jump to a quarter and beyond.
Seriously, they have repeatedly provided clear guidance, they have videos showing production, they stayed current with filings for years while retooling which of course is expensive to do, they just got a decent purchase order to fill. The BIGGEST gains are if you can get in heavily at the bottom or close to it. A double from here is a mere 20 cents, a quadruple is 40 cents. What in the world are investors (who know about it) doing on the sidelines. I cannot wait to see when this takes off, will greed spike this up, will it be a steady climb, will it be spurs and spats, I have no clue and neither does anyone else. Nonetheless the time is coming for this company where the price will be driven up and with most of the shares locked up, the low float alone will be a catalyst for the rally potential, regardless of the solid news that ensues. I'm very excited about the prospects of ADMG, most especially at this price.
Sure. Just go to Mti-x.com
Every time I watch that video I get the chills. So well done. Yu have to watch it a few times to truly be impacted.
Great day yes!
No filing yet, absolutely atrocious I cannot believe this. This is infuriating and there is nothing we can do. The CEO is in friggin Russia and has not even visited the U.S. yet, I simply cannot believe this.
anyway today we have seen shares cross the wire at 2 cents, and I now have shares up for sale at that price and beyond. I am so livid about this, wouldve never guessed this in a million years with a company that has so much money in the coffers.
Lets never forget what happened in March, where more than one times the outstanding shares traded, and then where it ended up, that's a lesson I will never forget.
That said, I'm back in at .69 and if it sinks to low 60s, I'd add incrementally. Its just a matter of time, and I have a lot of it.
Maybe ... look what you made me do, I just started buying back in at .775. If it dips to the low 70s and into 60s, I keep buying, b/c inevitably, it will go up.
I dont think its a steal where it is now. It WAS a steal in the 40s, I said that incessantly. They have already regained compliance under 50 cents, and so this is just gravy to finally rally. And if they somehow go under compliance - anything is possible as I have learned (though not everything is probable), Philou will put more money into the company, it's as simple as that, they will do whatever is necessary to ensure success for DPW. What we don't know is the timing of these rallies and pullbacks, nobody knows that, not even DPW management or Philou, that much I am confident of. Best we can do is find value, average down, and simply wait for the inevitable rally, regardless of how long it takes. Even trying to day trade this is very difficult, you may be successful to a degree, but you may leave a lot on the table when days like today occur. And, It could be at a buck and quarter next week, or it could be in the 50 - 60s, nobody knows.
I have so much invested in this puppy .... that I had to take some off the table, it's the prudent thing to do, regardless of what happens from here. If it pulls back to the 60 and 70s, I'd buy back in, but this move was in the cards, just didnt know when and how fast.
Meanwhile, AVLP hasnt traded a single share, which is absolutely amazing since they are the company behind all of this, and they are trading in the teens, what a steal, nobody knows about it but it's all documented. I own too much of it to buy more, I think, but who knows maybe I'd add a tiny bit.
I didnt think it would come down this low again, but so be it, I'll take it
Finally some volume that is not mine. I want to see this get to the mid-30s and stabilize.
Yes well at first I was paying 35, 30, 25 cents but then I would see the ask keep comin down so I finally decided to low ball and then I still got filled at these ridiculously low prices. I see this bid @14 cents for a few days now maybe I should try that maybe I'd get filled there too.
But even a couple days ago the ask dropped down to 17 cents at days end. Could've bought but I don't want to overdo it since well yu never know what surprises could happen with the compAny as good as it sounds. At one point something has to cause the stock to move and generate volume
I see they issued 3 mill shares for IR, advice filings and the like for 35 cents a share so that should provide some support also to at least double from here
yes and after todays close they issued a press release where for the second time they re-affirmed guidance of 16 - 20 mill for 2017, supported by a 5 mill dollar order. I guess saying that over an over again is not enough, they'll have to actually make the money to prove it to investors to get the stock to move? Or will it just move on anticipation - yet it's done the opposite, crazy stuff.
The filing for end April is due now and they filed a notification of late filing pointing to today for the filing. If I see no revenues or paltry revenues, then all my shares go up for sale immediately, I am not fooling around any longer, there are many other opportunities out there and I would accept losses and move on, there are no more excuses at this point, it's downright infuriating. I do see a large block of a half million shares for sale at .015 off and on these past few weeks, so there could be some downward pressure if trying to get out at the ask, which is even more depressing if it comes to that.
I have tried calling the company and all I ever get is a voicemail of some sort, and I wouldn't waste my breath on leaving one at this point. If anyone has any insight into what the company is doing, I'd be very interested, but I am sick of looking at photos on their Facebook and other sites, it's just a bunch of hot air at this point.
While I could not call it a scam at this point (with the founder continuing to put in his own money and no way that I can see of his milking the company for money when there is no money to be had), it surely is deceptive - just read thru all the press releases going back over a year - none of them have come true except arguably the web site, and I am not even sure that is real at this point, we'll see soon with this filing. But all that talk about post election high, all that huge interest, if it were there, then there would have been revenues for the end January filing, and there was nothing. And social media, there's nothing out there but their own touting of the brand on their sites.
Though I did find the following:
http://www.premiumdenimjeans.com/premium-denim-jeans-cartel-blue-spring-collection-fully-underway/
Cartel Blue Inc. is thrilled to announce its 2016 men’s and women’s premium denim jeans collection is fully underway for Spring production.
Spring delivery to storefronts is imminent as well as the launch of the their website will be ready to go. While complete manufacturing of Cartel Blue 2016 spring collection is close, its 2016 fall and winter collection is also in the midst.
President of Cartel Blue Inc., David Rhodes said, “The entire Cartel Blue team is elated that after months of focused efforts its full 2016 spring apparel line will be available to consumers soon.”
The filing for end April is due now and they filed a notification of late filing pointing to today for the filing. If I see no revenues or paltry revenues, then all my shares go up for sale immediately, I am not fooling around any longer, there are many other opportunities out there and I would accept losses and move on.
Man I can't believe with all the stuff these guys have going on that it sets new lows. It was so bad I had an order in at .68 at the open thinking what a great deal, and it filled at .64 at the open. Unbelievable. Enough is enough.
Thanks very much for the detailed writeup. One thing I didn't know is how much of Philou does McKea own, probably a well kept secret. Anyway another item to keep in mind that I have mentioned on this board before is that Philou is continuing to fund the company @70 cents a share, beyond the initial investment @55 cents a share. Would anyone in their right mind pour money into a stock selling significantly below what they are financing it for - usually it's the other way around - they get a discount to the current price. Now that is looking after shareholders. Now they do get the warrants to buy more @70 so in the long run they will be able to "average down" if the stock takes off. Granted they surely couldn't have expected the price to drop this low in a zillion years (I didn't) but regardless they are sticking to their guns in supporting the company.
The MTIX thing is incredible. It is truly revolutionary/disruptive and once it gets going who knows what will happen. How they stumbled into the deal is an interesting story also if I recall. Everyone should watch the MTIX video, it's mesmerizing. I just wish they could get those machines built as fast as possible to start booking revenue. Imagine how many companies would love to have a system like this that is so green.
I've met Todd a couple times, he's brilliant in my opinion.
Loaded heavily the other day @16/17. So far I am basically the main buyer of this stock since the beginning of the year and that's friggin scary. But again, these guys stayed current on filings for years while they retooled - is that something a scam company would do, I highly doubt it. This stock is not on anybody's radar, if it were, then there would be other buyers. So be it, sometimes you have to go in it alone which is exactly what I am doing, having brought down my cost to ~ a quarter. Tell me its not worth double that in the next few months and eventually a buck.
I am locked and loaded. I really believe this is going to be positive in the next few months.
Wow, that is a great gesture, I would like to see other suffering company CEOs (/majority owners) do the same, I think it makes sense and it shows less greed and more concern for the shareholder.
I sold some from 25 to 41 and have started buying back today and would like to buy more in the sub 25s if funds permit.
We're now at Series E Preferred. You think we can get thru the whole alphabet by the time we are done?
Any SEC site it can be found, here it is from DPWs site:
digitalpower.ir.edgar-online.com/fetchFilingFrameset.aspx?FilingID=12114829&Type=HTML&filename=DIGITAL_POWER_CORP_8K_20170607
I respect what you say, and you may be completely right, I just can't say for sure. What I do really believe is that there is gold in the ground, a ton of effort has gone in to getting this far, and I truly hope this comes to fruition otherwise we will all be very discouraged. I just cant stand the waiting, but what else to do.
Thats why I'd like to see someone get out on site and report back.
Filings now up to date and press release on a cools sales approach, but still no volume (except for mine and a couple others). Lets see what they can do.
8-K today has the latest investor presentation. It all looks good, I think this continues to be a steal.
Do you think it has bottomed yet? Well you were certainly right, kudos for you. In any case I have continued to average down now to an avg .54 which certainly is a ways away from where it sits now. Nonetheless, I see no reason for them not to be successful, there was never any insider selling, and they have a solid collection of horses, so I think at this point it's a waiting game as the horses continue to be bred and eventually sold. I can't wait for that point where they will be finally able to declare some decent revenues. I think they're going to have to make due with what they have in capital and build slowly, since it would be hard to raise money at these prices.
While I agree on a number of points with regards to history, at the same time I do believe they are trying to move ahead and a huge effort spread out over a few years was not just for burning our investment dollars. I know as a fact especially the period after last August was very painful (I won't give specifics here), and I don't like the web site down so long, and I don't like no recent filing, but I also believe they have been on a shoe string budget as has been implied. I've gotten sporadic response from them, even very recently, and sometimes I have gotten some specifics and other times not, and I have tried updating this board periodically. Could I be wrong, absolutely I could be, but I don't think I am, and I certainly hope I am not, that would be very very discouraging to say the least.
You should try calling and emailing yourself, I'd be interested if you get a response, I would think you would if you tried hard enough.
Also I have asked a few times, if anyone is within 6 hours drive of the site, can they try visiting. I know, I know, why in the world should we have to do such a thing, why can't they just communicate, I don't know, but as I mentioned also, they don't want to make forward looking statements any more. As per my last update, I believe they are done with the process with the BLM, in fact the BLM has even confirmed that with me, and they are working on getting state/local permits, but I just don't have any details on how that is going, just that it will be soon. That would include drilling wells - that's why I'd like to see someone visit, I did so in Dec '15 but only b/c I was out that way.
Please don't shoot the messenger. I am a very frustrated investor just like everyone else and I do believe there is gold in the ground, we just gotta get it out. If there is anything I have learned about the mining process is that it's 10x longer and more involved than one might be led to believe, combined with the fact that they have just done a poor job of communicating along with some bad luck (and maybe bad planning) along the way.
Added: if anyone wants to private message me to discuss further, I am open to that as well, but like many I am worn out and don't enjoy posting here anymore, it's just too discouraging.
These guys are serious: 8-K just released shows Philou holds to its commitment adding another million bucks of financing the kitty @70 cents/share while the stock is trading @45 cents/share (they do get warrants to buy more at that price, but still, they are stepping up to the plate while the rest of us can buy at a steep discount). Man they must know a hellava lot more than the rest of us.
Just noticed, announced this past Monday, an 8-K subscription agreement with 8 accredited investors for 416K and preferred C shares (new class) convertible @.60/share. Ironic the stock was trading around .54 when the agreement was signed 5/24, and has since dropped 25%. So, these investors obviously believe in the company and to boot, the warrants they received are for a buck/share.
the placement agent gets 10% of proceeds which brings the raise down to around 375K, hmm.
My conclusion remains the same: the insiders know what they have and where they are going, and some savvy outside investors believe them. The lemmings meanwhile can't stop selling. I am betting on the former.
Wow its been dead here. I don't know what to make of this. The e-commerce site is up, but we have absolutely no idea what is happening behind the scenes. If anyone knows anything please let us know! For now I am in hold mode, but this cannot go on forever.
This is absolutely insane at these prices. Forcing myself to buy at these prices, while painful, should be fruitful in the longer term, but also possibly in the shorter term as well. We are well below what was invested into the company by Philou and others, and in fact the options to buy more are in some cases double the price now, this is fascinating.
My understanding is that the 3 x 2016 10-Qs are coming around the corner, then of course the 2016 10-K. Lots of catching up to do, and I'll feel much better when it's all done.
Absolute STEAL today, the market makers must be asleep at the wheel, what dopes. Able to pickup another 16K shares at the all time bottom. Gotta get more funds to dump into this at these prices if they remain down here, I simply cannot believe it.
Pooky, keep just one thing in mind. the new CEO is part of the group with the largest interest in this being successful, more than all of us combined. So, there is no way in the world, that I can come up with, that there is not a huge vested interest in making the company money, or maybe just as much, not losing any more money than they already have. But the sense of urgency seems to not be there. One thing for sure, Brian told me maybe the one time I ever talked to him that he doesn't believe in putting out news for the sake of putting out news. Well, fine, then does that mean they have accomplished nothing and/or doing nothing up to his departure?
the price action is extremely and I mean extremely disappointing. This company should not be selling at these prices. The equities.com and zachs small cap research reports released have not yet positively affected the stock price. While the company has clearly communicated that losses will continue to occur in the next year as infrastructure is built, shareholders seem to be caught up with a show me the money attitude. I cannot imagine this dipping under 50 cents but obviously I have been wrong so far in the price action.
I agree with your statements related to dilution, I don't think it's too bad at all considering that length of time. And having the management vested is a good thing also.
You motivated me to check my avg cost and with some lucky sells along the way, my overall avg is 36 cents, and while if I look at this chart when I started buying in the 60s, is not unreasonable (I am not kicking myself, yet.) I certainly never thought it would get anywhere near these prices. I did try to buy in the teens a couple times but timing wise simply haven't been able. I would still try if I had free cash I felt I would be willing to devote, but so far my best price is 23 cents which is disappointing. I just can't imagine that this is going to sink into the abyss. I hope you are able to recover, but I wouldn't necessarily wait for it to sink too low as that may never happen, but who am i to say either.
While we wait, has anyone actually tried contacting the company? In the past I got absolutely nowhere in doing so, and in fact usually nobody even answered emails or the phone. Is this new CEO around? I just don't want to waste my breath.
This is an absolute steal at these prices, and nobody knows about it. I was just able to pick up the last 14K shares avg .21, does it get any cheaper, who knows, but I'll certainly give it a shot at maybe .17, the bottom is here somewhere.
You think they would spend years retooling the company for nothing, no way in the world, just watch and see, it's coming.
I believe this is a compelling buy at these prices and have stepped up with a small purchase to replenish previous sells and would allocate more if I had the funds to do so. This stock always spikes bigtime from time to time, granted nothing is a guarantee that this would continue to happen, and maybe there won't be any more times it will happen, but I think it will, either on good news or speculation. I would think that the floor is somewhere around here.