stock h.o.g,

If you plan to ask questions still, in my opinion the top question is

1) what was the purpose of the pr today?


Thinking about, in my opinion nothing clear was communicated. When a press release is done which I can't see the why of, I question the ceo and the company.

sam

In my opinion you have 2 negative choices as all the sly theory stuff is not credible:

1) a foolish pr that accomplished nothing

2) we need to worry about negatives in the audit or if the audit will be available by end of 11/15

I really can't see a 3rd choice.

This stock is looking risky.

sam

pr/delays,

If a pr, I would prefer a pr that said:

"drop dead deadline 11/15, regardless of possible lingering outstanding issues, audit will be produced as last reviewed. Numbers will be good!"

Unfortunately, we are in limbo not knowing if the delays signify possible negatives. The confirmation of deadline wording looked weak as well. This stock looks riskier since the first weekend prediction of audited failed to take place. We are fortunate the price is not weaker.

sam

Bottom line on growth is if it comes, some growth may be this year but some if coming to fruition could be multi-year process. The positive is the money coming in now gives breathing room.

sam

highest purchase yesterday at .032, average .026 or so

sam

I agree with your points but on the downside if one relied completely on something in one's own possession and it was lost, you would have to rebuild from scratch.

To rebuild from scratch there would have to be data somewhere else, ie manual records,etc in doctor's office. A successfully done web-access national database with copies of patients info regularly backed up at doctor's office and down to patients' individual devices, perhaps cyberkey's entry in the market or some other device, is comprehensively superior.

sam

Klonopin/scams,

CSHD is a dirty word. I have lost varying amounts on I think around 8 or 9 pinksheet/otc companies that I consider due to blatant liar/thieves. Actually made money on one anyway.

I am getting more and more and more cautious. I agree with seabiscuit about the military/home security connection making cyberkey look safe. I would not touch otherwise.

sam

Walstreet,

I will confess ignorance. Is it far better than a blackberry?

sam

db_ill_:

You know more about medical but logically why would you think an individual device would be superior since there would be a drawback to being personally responsible for keeping it handy. Some older people are forgetful as an example and would forget.

sam

I personally have built a position and am hoping for more good stuff to push the price up from here but we are not in a wild bull market and proof means a lot in the marketplace.

I think at least .03 is easily justified but growth is an expectation until it is happening with proof.

For somebody new, I recommend scaling in at a moderate pace looking for dips.

sam

FORWARD LOOKING:

I think this has not much of an upside until there is a pr of a significant new contract.

Until and if there is such an announcement, audited financials if first will give a boost but might not be a lasting boost.

The other question mark in case of a new contract is what will be the profit margin?

sam

Chechako,

What you said about shorting makes great sense. The guy can look forward to covering if so I would think now.

Short at avg of 20 cents and cover for free with the conversion. If 10 million shares were shorted, that could be $2 million dollars.

What chance SEC would be interested?

sam

I wonder what chance you can come out ahead on lawsuits like this, and what kind of personal time requirement.

Also, if it was just a mistake, everybody who sold today already lost money due to their mistake.

sam

Amazingkarma,

I agree 100% on bad. I see no interpretation is valid except scam and ripoff. I view not speaking directly to shareholders with any kind of explanation as proof of guilt.

This is the 2nd time for a stock I plan to contact the SEC. I wish SEC was more worthy.

sam

anderbest,

I wondered too, but what I believe it is saying no matter what is done to the common, he is getting that 80% cut when the dust settles.

In my experience, I have never seen anything more underhanded looking.

If the company was currently worth about $6 million market cap a value representing a few days ago, I believe he owned 52% before so he in effect perhaps put $2 million in his pocket on the deal, more or less depending on long term outlook.

sam

Seems like the only proper way to look at this company is as both criminal and stupid, with a spurt of cleverness when they announced the supposed hugh July.

Opinions?

sam

jmih:

I don't understand the exact picture. I think to be conservative nobody should expect close to 12 cents earnings for one year.

sam

jmih,

Consolidated statement shows all startup in the 4th qtr. Therefore if one goes by that, one has to believe this company is undervalued.

sam

BEST POST EOM

credibility,

my thoughts are that afs give crediblity. Once established along with quarterlies rapid growth could be demonstrated thru monthly revenue reports.

sam

cyofish,

Classic case of at best investors are supposed to evaluate in a vacuum with at best cryptic press releases, scattered info handed down from on high to the selected few. Could be this is a goldmine where insiders are letting the price languish and don't feel like buying themselves, but makes no sense.

sam

dr bill,

I find myself agreeing with you these days. Lyamec the saviour has to be a heavy buyer to be believable.

The other problem about Lyamec is if they goofed and meant $2.25 ipo. Why the ipo? There was supposed to be $40 million loan from their American Finance Corporation.

No one can prove the current story is false. No one can prove that the stock is not a fabulous buy. No one can convince me why my money should currently be in grifco either, so far anyway.

Also it bears repeating that good public companies keep all their investors informed with comprehensive prs.

sam

dr bill,

that looks like an accurate post to me

it is so easy to forget certain details

I remember much discussion on audits in which I forecast not too different from others that an audit should have been available perhaps early summer at latest, I don't remember more precisely beyond early summer

I don't know if one can properly define what is or is not a scam. The conservative position to take is to believe Jim Dial was never serious about correctly running a public company and to never place money on this again until and if it is a properly reporting public company with significant history of such.

The critics were right in that they were the first to see that. Those of us who had our money in the company much longer were judging by the fact that this was a real company. It is real, but whether everything said was real, most of us certainly doubt more all the time.

sam

10 bagger,

At lower prices which has been the story now for almost one year, the argument could always be made that the potential outweighed the risk given that I believe the company was and is real.

What has changed in my opinion has been the huge number of months that have elapsed without solid information plus the pr'd $2.25 offer that really only makes sense in terms of fraud. Who can rationally and also convincingly explain the pr story on that otherwise? If nothing else, the company has made no effort to explain.

Also, how can one remain comfortable in an investment on an obscure pinksheet that has 2 bad shells in a row?

I will make the argument that even if someone with much industry knowledge likes and believes they understand the current storyline, a general investment rule is to be wary of companies with changing storylines.

sam

if there is a delay pr, I would predict 2:30 central today

anybody recall what current mgmt says about nasdaq, they do say no reverse split as I recall

sam

nasdaq??

Does current mgmt predict getting there?

sam

if you like donald trump, look at ppbl.ob

home of trump magazine, trump animation possibly, trump wine possibly, and poker life magazine

JJ,

As we all are expecting an outstanding future and should be holding many shares, what are your thoughts on at what price to start selling and what percentage?

sam

The question mark most significant about Rawnoc is why is he not buying when below 20 cents. I think he is serious when it comes to making money so why not some in it. My guess is he was hoping to buy around 16-17 cents but talking 15 or lower.

Of course when I mentioned SLJB to him initially, he said it had a stench to it but said he did not know it well and now at higher prices he is in it I assume and pumping.

sam

Perceptions are not necessarily more reliable than questionable facts, worth a risk if no more o/s increase

always scale in at a somewhat cautious pace in situations like this

sam

Longer term, ie 2 months out etc., all depends on if the latest monthly figures are the truth, the whole truth, and nothing but the truth

sam

I thought Doubloon had indicated before tandem could buy on open market.

sam

doubloon,

Why do you think the company is not stepping up to the place and buying heavily when around $3.60?

sam

aagh might start selling at .35 eom

If he thinks the contract can be salvaged, he may be in no great hurry to pr the current situation.

There is room for head scratching. I think at a minimum there has been unhappiness with steve sulja being at the top. The original sulja organization has served its purpose.

sam

I am willing to bet this is a growth company even if not everything pans out.

I still think from 75 cents to $10 plus is a fabulous 12 month target that is probable. I think the middle east wants to do business with this company.

They have not appeared overly brainy the last few days but shit happens.

sam

current price following this fiasco in my opinion should be 30 cents, depending on what financials show subject to altering.

If memory serves we are expecting trailing 12 months of 3 cents earnings.

If the ship is run more taut with what I personally would like to see of monthly revenue totals pr'd commencing after audited financials as a pr plan then a runup of price in pace with monthly revenues.

sam

Josh an interesting point to keep in mind too even in the West is unless one has read personally the contract, a pr for $350 million can be misleading. Once all the details roll out one may find results quite different.

sam

I think the real future size of the company will be judged better with future prs.

I think we went through the excitement phase and we need confirmation.

I think it is still a mystery at least to me whether in 12 months this should be a 75 cent stock or a $10 plus stock.

sam

ahh, but I think those as you said (ie nasdaq, ie financials, ie company profile) are very closely tied together. Other words everything should be done to get rid of pinksheet type investors and to bringing in the big boys.

280 calls in one hour is mindboggling so the best solution is to as rapidly as possible raise the status of the company in the investment community which hopefully they are indeed doing.

As I said the letter states prs are going to change. I agree with that.

sam