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Many people here never heard the expression " Do it right the first time". Larger companies can afford to rush something to market that isn't 100% correct. As they said in the last PR you only get one chance to do it right when your a Vois.
This is good news. As for the production dates not all the components are made by the same companies. They probably have one company making the electronics and another assembling the piece. I have worked for several fortune 500 companies that brought much simpler products to market and hardly ever made original projections for production dates. If you don't do it in house you work on other peoples schedules.It looks like the light at the end of the tunnel is getting closer.
Well they finally managed to walk this down to triple zeros.It doesn't matter if it's dilution, a market sell off, or whatever the reason.The problem is that the management has no credibility and the company lacks transparency.The only thing that will stop this spiral is for Brent to release the vital information that the product is real.If we get one more eight to twelve weeks forecast the stock is toast. Nothing against Casey,but Bernie Madoff told all his friends and clients that everything was going great.
I guess they are going to walk this back down to triple zeros. The issue however is does the item work, will it sell, when does production start, who is distributing? It's been a lotto play from the very beginning and that's all that matters.They can walk it down to .0001 but if it's legit the move back up will be quick. If not it's a slow spiral to closing the door.Maybe not so slow in that somebody just dumped 10 million shares at .001.
Totally agree but volume will move the needle and that will only happen with something measurable from the company.Even fortune 500 companies have trouble with transparency and in the wild west of Pinkland that is in limited supply.
You've got to give them credit. They work their butts off to keep this down.The problem is that without concrete information, official manufacturing start date,distribution details and initial order information.Nothing will change.
Looks like today is the day we revisit trips. At least there isn't to much more damage that can be done.Without some form of credible update and I don't mean the garbage they keep putting out, it will continue to fall. We need exact when, where and how,not any day now.
They should have had a presence at the consumer electronic show in Vegas. I have worked with companies that haven't had a booth at major shows yet invited key people up to a corporate suite at the hotel for new product demos.With Joe's connections, it's a great way to create a buzz without a major cost.
Got to give Brent and the boys a hand. They seem to be developing a very unique product and at the same time have so little credibility in the market that they can barely keep the price out of trips!
I wish people would stop saying how thin the ask is to whatever number. Every time that's brought up the price drops.
Hate to say that the negative posters were correct but when the best we can get after no word for a month was that they are almost ready for production!Also concerned that nothing was said about distribution in the talking points.Still hoping for the best but the history of this group never seems to change.
AS soon as I saw the news, triple zeros became a reality. Still think that they have something good here, but it will be walked down until the product hits the market. To much bad history with this bunch to generate any trust.
I try to take emotions totally out of the equation. I spend my time on gathering as much DD as possible and studying outside influences and trends.The bottom line is to never fall in love with a stock.
Since when did having a positive attitude have anything to do with the market. If you want to play in Pinkland with Rose colored glasses you will get burnt in most cases. This is a lottery play that will either win or lose in the near future. Mine or your attitude will have no effect either way.
In response to your professional understanding of charts and parameters. I presently have 1.2 million shares with a cost basis of .0009. As for your vast knowledge of investing I wish you had told me earlier so that my capital gains would have been far less for 2014.I want this company to succeed as much as the you but without news it will be walked back down to trips. Doesn't mean that it will stay there forever, just the present direction. Plus in the wild west of Pinkland, where there are no rules or transparency the charts have a somewhat limited value.
Hate to agree with you, but no news in over a month will walk this back to triple zeros.
You are correct as it relates to the SEC. In Florida, the Governor of the state used the fifth amendment numerous times as his old company, Columbia HCA , paid a one billion dollar fine for Medicare Fraud. He paid nothing, walked away a millionaire, and is now Governor.
You maybe correct that you lost 40m in profits, but that doesn't mean the management is in jail.In most of these cases they sell at the high end and run.Having a bogus company like PHOT either delisted or moved to grays has little effect on what they said. Was management fined 40m or sent to jail, that is the question.Besides, PHOT is still trading at .02 and showing a net worth of 19.5 million.Most people here would take that.
I hope you are correct that the product is at the finale stage of completion. However, in the wild west of pinkland, Honesty is not the best policy. The SEC doesn't spend hardly anytime monitoring or prosecuting fraud at this level. The landscape is a grave yard of dishonest CEO's who put out false statements about their companies. Besides if you think of the recent national recession, they don't even go after the fortune 500 companies that lied.
Wonder why if everything is progressing as planned that MSI is not presenting at the Consumer Electronic Show in Vegas next week! A small booth with Joe, the prototype and finished video would be a great launch pad. Can't be the price of the booth. In most shows that is not substantial compared to the exposure.
Somewhat concerned over the lack of information from the company. Saturday will be one month since the last update. Either they are working on a buyout and can't or are having problems on the production side.We don't need fluff but the silence is deafening!
Didn't think they would be able to walk this down to triple digits by the end of the year but I guess they are proving me wrong.However, some of the selling maybe year end tax loses and not dilution. Either way, lets get this party started the first quarter with a production distribution update.
Hope we get some update next week. This is like watching paint dry. Except the color is red. Happy Holidays everyone.
Hoping that we are finally at the bottom, but without news they will walk it down to triple zeros. The trouble with the wild west of pinkland is that stocks move on hype to generate excitement.Long range plays are very rare because of lack of transparency. We need something that is measurable, like production started on this date. The first shipment is scheduled for this date. Saying eight to twelve weeks or first quarter 2015 will not hold the price. The lack of any sort of updates in the last three weeks is of concern.If they want to play like the big boys than they need to start acting like them.
All the bantering back and forth won't change the stock price. We are all sitting on dead money until the product hits the market.In defense of the negative posters, the track record of Brent and his team are poor to say the least. If the product is a good as we hope, the market will let us know.In the mean time I suspect they will walk it down to triple digits.
Save up your lunch money your mom gives you and buy one next year when they hit the stores!
Not worried if they bring the product to market as stated. However,the 10Q states that Dr Gordon Chiu owns the patent and there are requirements that must be met. He would need to sign off on any buyout.
I hope you are correct, but the 10 Q dated Aug 8th, 2014 says that Dr Gordon Chiu owns the patent and has given the company a license to use it.It states that the company must bring the product to market and pay him a percentage based on sales.He would need to be involved in any buyout negotiations.
I would take that a step further. Don't believe anything on I-Hub and don't believe anything in Pinkland. There is a reason that companies trade on the Pink sheets. Lack of transparency! As it relates to a buyout, nothing will happen till the product hits the market.Remember,the company does not own the patent and that complicates someone buying them out.
Didn't think this would ever get back to triple zeros but it appears to be the direction.The problem is that very few stocks in Pinkland are looked at as long term holds.Most people want the instant buck than on to the next pump and dump.Hoping this is the rare exception in the wild west of pinks.
That's the way I read this. Why go to all the trouble if you don't own the patent to new device?
All the bickering back and forth won't change the fact that we will be in a holding pattern till the production is complete and the product starts moving off the shelves. If successful or a buyout happens, we are all going to be happy. Until that time, I'm not sure even a professional video with Joe will make much of a difference. The end user will be determine the final results.
I agree that the video was a disappointment, but it did clear out some of the pumpers and flippers.We have gone from, copper land, silver land, to the moon and we will all be millionaires, to doom and gloom.Yesterday and today around 60 million shares have been traded. That represents around 5% of the total shares owned. Time will tell if the 5% are correct or the 95% that didn't sell.
If we were talking about the major indexes I would agree. But Pinkland OTC is the wild west of the of the stock markets. I suspect that 75% of the companies have put out false information about their intentions. I'm leaning more towards a delay because of a buyout request than trouble with the product. However, time will tell!
Video, Buyout or Problem? It seem's that the lack of news could be either great news or bad news. If the Beta testing worked as great as they say than a professional studio could get a ten minute video out by now.Heck, some small budget Indie movies have been shot in thirty days or less. If they are in the middle of a serious buyout discussion than the purchasing company may have requested that they delay the video until the deal is done. If the device still needs work we will be in a holding pattern.
Let's not rule out Google yet. They just helped fund a small company in Orlando named Magic Leap for over 500 million. They are focusing on the wearable market.
Let's get real. Based on an OS of around 1 billion. We are moving down on less than 1.2% of the shares sold. The whole market has been tanking this month.
Perception is reality. If the product works on the video,we all make money.If they are bought out, we all make money.They aren't the first or will they be the last to make money off selling shares. Don't play in Pinkland if you can't handle the truth.
What does HONESTY have to do with the stock market? It's all about making money.
HOW MANY TIMES DO YOU NEED TO HEAR THIS. Pink Land is the Wild West. The don't need to have audited financials, corporate offices,profits or anything else.That's why their not on the larger markets. However, they can make us money by developing new products.