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I'm not sure...so many x factors here. Easier to make a longer term call than a short one. Will NITE push us down again or thesubway.com re-emerge from the woodworks and start dumping on us? I hope we don't run up too fast because thats always an invite for sharp, painful pullbacks. I like how we are doing now...put yer bid in for just under the 100 day MA and hope to catch it on the small pullbacks...at least thats what I'm doing. Also have some lower buy orders around .20 lined up in case someone sh!ts on us and we stoop to the 200 day MA.
nope .31!!! I detect a sustainable upward trend along the 100 day MA.
Funny how stock addict and Fast Eddie posted every day when we were trending down, but are gone now. I wonder if they missed the boat?
I was thinking that too...
Yeah who knows what happened to them...Carl what do you think of a company like EBIG that has a similar business model to the old GTEC? Do you think they would eventually reverse merge themselves?
I was also thinking the fact that LTUS is now with CCG also shows that old GTEC management seems to be working hard behind the scenes. They are shareholders with the rest of us now and are probably working hard to build value.
Lotus Pharm retains CCG Elite. Good stuff. On a side note I can't help but think it would be cool to see a merger between GTEC and Gold Horse and/or Lotus one day in the future.
Lotus Pharmaceuticals Inc. Retains CCG Elite
PR Newswire - January 14, 2008 8:30 AM ET
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Lotus Pharmaceuticals, Inc. (OTC Bulletin Board: LTUS) ("Lotus" or "the Company"), a leading pharmaceutical company in the People's Republic of China ("PRC"), today announced that it has retained CCG Elite to design and execute its investor relations campaign.
Through its GMP certified facilities, Lotus manufactures its own branded drugs and products for third-party distributors in China. The Company sells over 5,000 types of western, traditional Chinese medicines, and medical equipment via its extensive distribution network, covering over 300 distributors in 28 provinces, 1,000 hospitals, and 10 wholly owned and operated drug stores in Beijing. Additionally, Lotus offers contract research and development services. Novel branded drugs include Valsartan capsules for high blood pressure, which was Lotus' best selling drug in the first nine months of 2007; Brimonidine tartrate eyes drops for glaucoma; Levofloxacin lactate for infections; and Nicergoline injections for central nervous system complications, all of which are included in the national medical insurance catalog. For nine months ending September 30, 2007, net sales for Lotus totaled $37.6 million, up 50% from the same period in the prior year.
"We are a rapidly growing pharmaceutical manufacturer and distributor in China," said Dr. Liu Zhong Yi, Chairman, CEO and President of Lotus Pharmaceuticals, Inc. "We look forward to working with CCG Elite to increase our visibility in both the investment community and with the financial media as seek to maximize value to our shareholders.'
Pharmaceutical sales in the PRC are expected to rise by over 13 percent annually, reaching $24 billion by 2010. The demand for pharmaceutical products in the PRC is expected to increase rapidly over the coming years due to growing affluence, size of the middle class, and the aging population.
Lotus expects has a pipeline of over 20 branded generics and novel drugs, mainly in the cardiovascular and hormonal product markets. Furthermore, the Company plans to further expand its market share in Inner Mongolia, Anhui, and Beijing. Other growth strategies include direct sales of pharmaceuticals to hospitals, increasing its retail pharmacy presence in Beijing, and strategic acquisitions.
"Lotus is a leading pharmaceutical company with strong manufacturing capabilities, novel branded drugs, extensive distribution channels, and a strong management team," said Crocker Coulson, President of CCG Elite. "The Company is well-positioned to take advantage of increasing demand for pharmaceuticals in China. We intend to assist the Company to develop a broader following with fund managers and analysts focusing on high growth equities from China through an integrated investor relations program."
The Company maintains a representative office in the United States, where its Chief Financial Officer is located. For more information, refer to http://www.lotuseast.com .
About CCG Elite
CCG Elite is uniquely positioned to provide an outsourced, high-level investor relations solution that combines in-depth understanding of Asia's corporate culture and economic scene with a direct pipeline into the leading funds and broker-dealers in the United States. CCG Elite is a global, full- service investor relations agency with corporate headquarters in Los Angeles, and offices in New York, Newport Beach, Dallas, Hong Kong, Beijing and Shanghai. For further information, contact CCG Elite or visit the Company's website at http://www.ccgelite.com .
About Lotus Pharmaceuticals, Inc.
Established in 1999, Lotus Pharmaceuticals, Inc. ("Lotus") controls and operates Liang Fang Pharmaceutical, Ltd. ("Liang"') and En Zhe Jia Shi Pharmaceutical, Ltd. ("En Zhe"), two Chinese pharmaceutical companies located in Beijing. Liang and En Zhe form a large comprehensive enterprise, which deals in an integration of the production, trade, sales and marketing of pharmaceuticals. Together, they possess some of the most advanced pharmaceutical-production equipment used in China, workshops authenticated by the National GMP, a suite of various medicines produced by Liang and/or En Zhe (together, "Lotus East"), and a number of high-tech personnel. Lotus East has business and office facilities of 2,000 square meters, warehouse of 1,000 square meters and operates ten retail pharmacies in the Beijing area. Lotus East performs scientific research on new medicines, and the production, wholesale and retail sale of medicines. For more information, visit http://www.LotusEast.com .
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the to differ materially from the results expressed or implied by such statements, including changes from anticipated levels of sales, future national or regional economic and competitive and regulatory conditions, changes in relationships with customers, access to capital, difficulties in developing and marketing new products, marketing existing products, customer acceptance of existing and new products, and other factors. Additional information regarding risks can be found in the Company's Annual Report on Form 10K filed with the SEC. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.
For more information, please contact:
Lotus Pharmaceuticals, Inc.
Mr. Adam Wasserman, CFO
Tel: +1-877-801-0344
Email: info@LotusEast.com
CCG Elite Investor Relations Inc.
Mr. Crocker Coulson, President
Tel: +1-646-213-1915 (New York)
Email: crocker.coulson@ccgir.com
SOURCE Lotus Pharmaceuticals, Inc.
http://www.LotusEast.com
LOL!...that would be hilarious!
lol...I don't think english is his first language.
he has spent all day every day on all the board "warning people out of good will"...gimme a break. Paid basher by someone who knows a nice dividend is coming and is trying to accumulate. imo.
How about nobody reply to anything jp8888 says. New board rule. He is obviously just being a difficult ass and not here to learn or contribute anything.
If you are not sore then stfu and leave. You have brought absolutely ZERO insight into GTEC. ZERO.
There have been people that raised legitamite concerns which I am not going to rehash...You are not one of those people.
I second that motion!
Wonder if jp will ever show his face again like he promised.
Bought at .45 and sold at .18. What a sucker!!!!!! lol!
Your stupidity does not bother me at all. Its quite humorous. Keep it up!
If it is true, he is an idiot in so many ways, that i cant believe he would even have that kind of money to invest instead of being out on the street.
lets count the ways
1. Put 6 figs into a penny stock based on someones "sweet words" on a message board(this makes me laugh out loud...I don't think English is his first language)
2. This penny stock had just ran up over 400 percent at time of purchase with no letdown.
3. He sells in a couple months time when penny stock drops 50% DESPITE being clearly undervalued, with NO erosion of fundamentals. Which leads me to...
4. He looks at the financial statements and makes shaky assumptions on their marketing and sales strategy based on the size of their accounts recievable. Claims they are giving everything away for free despite having accumulated millions in cash and managing a large payroll and overhead. Not to mention he can't see the dates of the specific accounts recievable so he has absolutely no basis for his conjecture.
5. He bashes the stock after selling some of his postion. And looks to us for "advice" AFTER he sells. lol...who does that?
6.After he bashes the stock...he sells his remaining shares all in ONE DAY (rolls eyes) and hits up every single message board on GTEC whining all over again, copying and pasting his posts from one board to another.
Gimme a break...this is the biggest pile of horseshit I have ever seen! He is either 1. VERY stupid or 2. a VERY poor basher
lol...if this is what your analysis consists of please stay far far away from stocks, for your own good.
Carl's "sweet words" made you buy...lol this is some comedy right here.
WAS ANYTHING HE SAID NOT TRUE? ok then...shut up!
Basher Busters. From the yahoo board, good link.
http://www.basherbusters.com/information?information_id=534
Well investing in them made me a lot of money.
So lets clarify. Thats YOUR rule.
Plenty of companies get out of the OTCBB and into the real world.
Fundamental analysis helps weed those ones out. You should try that sometime...you know, take a break from the candlesticks and actually read financial statements, etc.
Well he has said that if he were a retail investor with not much money, he would invest in nanocap stocks. Its not practical when you manage billions of course.
But Carl's point was that you invest in good companies at good prices, no matter the market cap. That is what GTEC is right now.
Dividend announcement by the end of the month, and financials by mid-february. There's your news.
We all have different investing rule. GTEC crossed your stop-loss, and thats fine.
The only investing rule I have broken is "Do not feed message board trolls". So I'm just shutting up now. I'll be back to gloat when we are are up and away and I have a lower average position than the flippers.
Good luck trying to time this with your alchemy. I'll be enjoying my dividend.
No company is ever a straight line up. If you can't stomach dips and have the balls to add more on the dips then you shouldn't be investing. In fact if you bought on the runup you deserve to get burned because you were looking for easy money.
Buy low, sell high. Its investing 101. Don't buy during a quick runup. Buy the dips. Provided we are talking about a company with solid fundamentals, like GTEC is.
They haven't said. Its TBA. It could already be past or it may not have hit yet. We'll find out when they put out a press release, probably this month.
Thanks for the update carl...Gtec has been a screaming buy to me since we dipped in the 20's. That the MM has been able to shake the branches and march the stock price down will in the end assist the patient investor who is buying now.
I have been buying with every paycheck I get.
You guys better get all those shares in before the dividend cutoff date TBA and ESPECIALLY before they update those financials so that everyone can see our rediculously low PE!
The GTEC secret will be out soon. Better get it in while you can.
"Be greedy when others are fearful"
Just felt like this board needs that applicable quote.
But if you are nervous...then sell. Push the price down for my purchase later this month. By the end of the year I think you'll regret selling...
Thats good, sooner than what I was expecting. And hoping for...I say let the stock stall for a little while so people can get uncomfortable. Let them sell out of impatience and then make up nonsensical reasons for the sale. Cheap shares for me. Then out of the blue one day, probably on news of moving to the Nas, or excellent growth...we'll start moving up up and away to never look back again.
"Who wants to know what Crocker has to say recently?"
Shoot
"best not be what i think it might be"...Which would be?
And when we see lots of those...time to start unloading.
When we see the "boo-hoo" bought-at-the-top guys in full force, thats when you buy.
Funny how so many people find it so hard to buy low sell high, instead of the other way around.
Yeah I've wasted some of my life too reviewing the posting history of some of these guys...they first show up so happy they bought at .40 +...start flooding the board with inane comments like "GO GTEC TO .60 AND BEYOND!!! $$$$$$" posts, and then when their pumping is done they start bashing non-stop.
I know when I sell a stock I am done with it, I don't post on the board anymore, etc. Especially if im still twinging from a loss (rare but happens :) ). I think most people are that way. So you gotta question the motives of those who just sit there and talk about how low the stock is going, and how its not a buy, etc. ...its like, STFU and move to another stock if you hate this one so much. I know a bad stock aint worth my energy to post 5x a day about how low its going.
I dont think jp is necessarily one of these guys (but he could be) but we all know that one other "Stock" person.
"We the new believers"...Well my original position is .10...so I've been a shareholder for a while...Who wouldnt sell if you have a 400% gain? I dont think any one who had GTEC before the "pop" DIDNT sell any. And then everyone who bought high at .45 like you hoping for overnight riches got frustrated and sold for a tax loss. Thats why so many day traders/gamblers go broke and investors get rich.
I started buying again at .30 and am cost averaging down.
If you are looking for overnight money this isnt the stock for you. It will be a process that provides good returns over the next 3 years or so. IMO
haha, yeah we sure could use some more bulls.
I think its clear to all you sold for emotional reasons. You are really conjuring up some boogeymen to justify your panic.
Yeah I know that was GTEC's CFO...I'm just saying I was not aware that was from CFOoncall.
Again, wasn't trying to be a dick, I'm just saying that from the info posted a cursory glance looks like it was sent to someone at CCIG. not a big issue for me anyway because insiders or PR people post on the message board of almost every stock. I'm still long and bullish on GTEC.
But wait...I'm not trying to be a dick here, but it does look uhh...funny. You got to admit. :
To: "Paul Luedig" <Paul.Luedig@CCGIR.com>,
CC: "Elsa Sung" <elsa@cfooncall.com>
So you copied someone from the CC field and pasted it in the "To" field, while deleting your own email?
Also I find it odd that their CFO is from "cfooncall.com".
I had to laugh at your rudimentary effort to examine GTEC's financials.
They accumulate millions in cash by just giving their product away for tiny margins....sure buddy. whatever you say. lol
The stock price is going down in the meantime, sure, because there is more supply than demand. Brilliant insight on that too, chief. To a long term holder of GTEC this is a buying opportunity if anything, because nobody knows about this company and we have large OS. When awareness/interest is generated (even if it takes a year or two), buyers will be richly rewarded.
It must be buying time because the bashers have sure been coming out of the woodwork as of late, here and on yahoo.
Funny...last time you plugged two completely different stocks you would "stick with"...the thing in common with all of them is that they all just made big moves up. Tryna pump them even higher there? I'm a little skeptical of your motives there, haha
I know what you mean about that saying. I get that feeling too sometimes, but I don't let emotions affect my investing descisions. If the GTEC's facts change then my opinion will change accordingly. But nobody has raised any serious issues at this point. I think we are good to go...that to good to be true feeling is just the PPS getting to us.
I missed out on making a lot of money a few years back on this one stock because I let little swings of a few cents keep me from putting too much money in it. Turns out the stock was a 30 bagger as it moved from the OTCBB to the NYSE. I'm not going to make that mistake again. GTEC is the best OTCBB deal I've seen since then, and I'm buying it up.
Hey man if you want to sell go right ahead. It'll help make the pps lower for my next purchase in January (just made one this week). I can accept short term unrealized losses as long as I'm confident I have a good chance of multiplying my money several times over the next few years. There are few stocks out there that are "screaming buys" right now. GTEC is one. We should be happy that we know about this bargain. Most people don't.
We are being pushed a half cent lower per day like clockwork. Looks kinda funny. But I'm not worried. I've been accumulating bit by bit. I think January shall bring us some very good news indeed. If we drift lower after that...it just shows that no one knows about us. I don't worry about anything except the fundamentals, and value-wise GTEC is a bargain right now. Eventually the market will wake up to us. But I'm in no rush, I'm enjoying the opportunity to accumulate a nice position on such a good deal.
Now when I pulled up your posts I saw one on another board saying you were going to China for the olympics...Any chance you might swing by ole Genesis Pharmaceuticals?
Good to hear its the Nasdaq instead of the Amex. And their CFO has a very good resume. Load up while you can!