pagiantmetknicksfan@yahoo.com
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Not holding my breath. I have a strong dislike for management and their desire to keep shareholders up to date but you never know.
Just got through three sentences of your post and found your first misleading point. Tell me again how factoring has not been reduced? When we know it has....lol...come on man...
ANd second was they are now licensed in 11 other states. Are they selling yet? I am sure that is the plan and they have been licensed for quite some time.
This post is mixing facts with fantasy. The Number of shares does not seem to be increasing by any concerned amount. TPS benefits with the increase in share price. CA is one of how many states now...at least 10 or so. The revenues are obviously legit. Factoring has been an issue and has been getting decreased. If regular financing or factoring slows any more this stock blows up.
What is holding the company back is simple. The company doesnt seem to give a crap about informing investors and believe their numbers will speak for themselves. Profitability is coming and just a couple points of profit make this undervalued.
Reasonable profit and it is undervalued by many many times and that is based on real dollars not projections into the future.
Yeah ...no one can wait anymore at this point...been years so far..Doesnt look like it is going to happen anytime soon...LOL LOL
I would bet that within the next 3 to 12 months this stock PPS increases over 1000%....It should never be at this price anyway. But between the CD sharks and the manipulation, we are where we are....And it is being accumulated. heavily...
Pretty sure that is the Investment Banker noted in the last PR. New financing coming to replace TCA @ 18% thus the huge savings noted in the PR...(which some claim is fluff) How a company with a 600k market cap, saving 200k a year is fluff...lol
Nice Post. I looked at that comparison too.
lol
"we all money will be gone"
Thanks....The more things change. the more they stay the same. Interesting set up here. Stock has been manipulated down by the Asher's of the world and their followers/cronies/mouthpieces and created a pretty incredible opportunity. There has been a decent amount of dilution that seems to be ending. Asher is out...crumbs left if anything....Company is about to become quite profitable it would seem...
This CEO is highly accredited and capable...Sort of way overqualified here actually so he must see something he really likes. I think I know the answer.
I pretty much proved your data and theory to be basically silly just based on common sense. The big bad bogeyman theory of MMs and dilution defeats itself.
Your evidence is three MMs noted in an IHUB post that haven't even been the ones on the ask. I spoke to the company very very recently. I encourage anyone wanting to know what is going on here to call them. Dilution is basically over.
New financing is closing, the latest acquisition is closing and two more acquisitions are closing. They have added quite a few new major customers and driving cash flow.
However, just playing along, I will pretend the OS is 1B shares, not likely half that but lets play pretend and say it is....That would make the cap 1.5m dollars...
Now this company is putting itself in position for EBITDA of 5-10 times that...Do you know what that really means? The company is ultimately undervalued by 100 x but really 200x since we know the share count isn't anywhere near 1B shares...maybe half that.
Keep trying. A 4 year old IHUB post....And Nite and Etrade have been the ones blocking it anyway...Just read the posts through out the day...Hmmm
And if your theory were true which it isnt, you are saying that with hundreds of millions of dollars at stake no one has caught on that these evil three MMs are on the board to dilute shares....because no one would begin shorting the stock to death....yeah no one would figure that out..awesome...Come on man..Do better
If anyone can tell what MMs are diluting then obviously they are not doing a very good job? lol
This line of thinking always cracks me up. People can route orders through whichever MM takes the order.
Can you imagine if what you were saying were true? No one would ever buy a stock when these bogeyman MMs were on the ask....which most of the time they havent been lately...Hard to dilute a bunch of shares to the market when your mere presence scares everyone.
Now if someone was trying to scam people for shares and force the price down, convincing them of this bogeyman and painting this phony picture would work to their advantage huh? Especially if they shorted the stock down....
Ever wonder why people say how many trading accounts they have? So they can route orders through different MMs and washtrade shares to themselves....Ever wonder why there are all of a sudden four MMs at a price on the ask or Bid when before there was one? But you need Level 2....lol..so you can see the picture someone is trying to paint for you.
Same traders buying....are the ones selling...and then the run up....rinse repeat. Eyeing a 20m share purchase here soon...bring it to me.
Maybe it is the IBs that is making this next acquisition possible involved here.....ever think of that...lol...
When I spoke to the company last, it would seem that dilution is about over...and per the last PR new financing is being finalized at much better terms....so you get the manipulation and games....
But funny how no one is talking about the acquistions or the company here....or the tech they are acquiring or what their actual strategy is by acquiring these similar companies....
Anyway back to your regularly scheduled misinformation campaign....lol
Nadia, I thought dilution down here was little cupcakes of joy? 24 hours ago...lol
the price down here is too cheap...rendering the dilution...into little cupcakes of joy, lOl...
The stock market is dilution by definition.
So Nadia...tell us the OS then....LOL
I agree Nadia ....lol...
I think we go up, regardless...
Quote:
I agree he knows what the share structure is and could easily tell us.....he could ungag the T/A. many stocks down here have gagged T/A....that's part of the reason for the price I am sure........gotta love the OTC..
The questions here is...are the convertibles almost done....if they are we stand to all make a lot of money...if not and many CD's stand to still hit....we will stay mired at these levels..
Great news is coming...everyone knows that.......its all about the CD's now ...best of luck to you
...of the outstanding CDs (convertibles)...and the higher the price...the less the shares...the note holders get upon conversion...plus the price down here is too cheap...rendering the dilution...into little cupcakes of joy, lOl...
If the company would just routinely give some guidance things would be better here
I dont believe anything I read on these boards. I think the opportunity is stupid huge but MGMT is quite irritating. Now if they have gotten to the point where are bringing in cash and are just saying screw all the traders and flippers out there....this is for the longs etc....
But I don't get the sense they can think that far ahead or that strategically. I think they are buried with the work they have on hand.
Can someone explain to me the preferred shares and how they were issued...
ANd how we go from a profit margin of 90% on tens of millions to not bringing in profit. I get the sales company gets a huge cut but can someone easily summarize it? I also get the factoring issues...Has anyone broke out all the math here?
Yeah P...pretty obvious. Sheeps clothing and all. Very undervalued here and lots of games. This may be one hell of a company some day too. Awesome CEO but right now it is more David Copperfield then Warren Buffet.
Everyone talking about the stock price but no one actually talking about the company or what they are doing or what the IP they are acquiring might be....Or what these acquisitions actually mean....
When the time is right the Copperfields are going to run this hard...
Not that I want the price to come down but I threw up 1m at .031 in the case that there really is someone desperate to get out as noted below and only has 1m shares left.
The more I read this board, the more hands I feel digging around in my pocket....lol
I I told you there was a company on thge verge of profitability, had a run rate projecting increases and was at 200m year or so now, had a market cap of 12m dollars and a .04 stock price.....and expected to rapidly grow from here....Would you believe me?
A great story is only a great story if someone tells it. They are not profitable so they have convertibles.
However on the other hand the cynic would say maybe there is more bad stuff going on and they don't want to PR anything when they know something bad is going to happen...Thus that is where we are.
One forward looking statement with real meat.
One conference call
Fixes most of this
My history is to make 1000-2000% gains too but that other situation actually had a PR person you could communicate with. And conference calls and PRs with statements from the company. This is like bizarro world
I will say that all that said, I own 1m shares and if the price continues going down, then so be it. I think there will be a nice return here but my faith in these things is based on .....faith...
No one has any idea. No one can figure out future revenues, future costs, future factoring, future dilution,
We know revenues are huge but if everytime they make a dollar they owe $1.05, it doesnt matter how much revenue you make. ANd without any guidance or assurances or forward looking anything, you are left with nothing except management that won't take calls, respond to e-mails, state a plan, say anything in PRs...etc....
That is the reason for the decline in price..
It should be. That is the point. Lets hear your defense of the lack of communication forward looking or otherwise from the company? Ever see an OTC stock with real revenues release a Q with no PR?
Ever see an OTC stock get licensing in 12 states and just state the lesst possible facts without any guidance or emotion or interest?
Lets hear your reasoning for this behaviour. I though they were in a quiet period. Only thing that made any sense. That has come and gone. They really suck. No excuse.
I haven't noted a different number. I spoke to Ed once and the attorney a second time. Let me know if anyone gets through on a new number. I have left a couple not so nice voice mails to.
Month maybe more. Their attorney called me back. Worthless conversation. If anyone can tell me why it is so hard to include forward looking statements from the company in the press releases I would love to hear the answer. DId you read the Q reports....some confusing stuff there. The least they could do is say they are excited, looking forward to, exciting growth ahead, or god forbid have a company conference call....
All very amateurish
I have spoken to them....Not impressed. Eventually this thing could be absolutely amazing but they suck in the short term
It doesnt matter. If you dilute it at .04 and buy it back at .08 you just through away 50% of your money. I think they figure they should be able to turn a profit soon and then folks will get out their P/E calculators and buy the stock....but in the mean time they are acting horribly
Wishful thinking I would say. Unless they are working with some outside source or some insider to collect these shares which they are way too uptight to consider, I don't see it. I think they believe in a field of dreams. "If they Build it, they will come" which is a fair thing to say when you are not still diluting the company.
Some of it is almost negligent. No press release for the Q reports? No statements from the company on the PRs they do release? How about...
"We are very exicted about the rapid growth...." blah blah blah
Never seen anything like it. Maybe in their effort to show they are not your typical OTC stock, they are doing the opposite of what OTC stocks do? But that is not going to work until they are making a nice profit and can issue dividends or buy back stock....
The problem with this company is mgmt has no idea how a public company runs, and forget about one on the OTC. Stock should be many x where it is now just on speculation of future profits. Instead they would rather dilute the crap out of it at cheap prices instead of bringing some interest into the company.
The press releases and lack thereof have been borderline criminal in how pathetic it has been. It is like watching some sort of bizarro world management. Potentially a 500m company can't create some buzz? At least bring in some interest? They are just dumb.
Every filing Nadia.....And they have alomst 5m in assets in recevieables as of last Q report.....If you need me to explain how this works, let me know.
7. Line of Credit
Main Credit:
As of March 31, 2014, the Company owed $0 principal as all outstanding sums were paid in July 2013.
TCA Global Master Credit Fund LP (“TCA”):
The line of credit with Main Credit was replaced on April 30, 2013, with a line of credit from TCA up to the amount of $10 million. As of March 31, 2014, the Company has drawn $1,836,470 from the line of which $1,641,215 is outstanding as of March 31, 2014. Amounts drawn from the line of credit are subject to interest at 18% per annum. The loan matured on October 31, 2013, but was extended for a further period of six months through April 30, 2014.
The line of credit with TCA Global Credit Master Fund, LP is
Please stop posting false information
7. Line of Credit
Main Credit:
As of March 31, 2014, the Company owed $0 principal as all outstanding sums were paid in July 2013.
TCA Global Master Credit Fund LP (“TCA”):
The line of credit with Main Credit was replaced on April 30, 2013, with a line of credit from TCA up to the amount of $10 million. As of March 31, 2014, the Company has drawn $1,836,470 from the line of which $1,641,215 is outstanding as of March 31, 2014. Amounts drawn from the line of credit are subject to interest at 18% per annum. The loan matured on October 31, 2013, but was extended for a further period of six months through April 30, 2014.
The line of credit with TCA Global Credit Master Fund, LP is secured by the receivables and inventory of Precision Aerospace and Technologies, Inc., E. M. Tool Co. Inc., and a blanket lien over all of the group’s assets.
TCA loans were not CDs. Nadia posted that nonsense last night but it is not true. The 2.5 million or whatever it was was made up and incorrect in so many ways. It is really 1.6m owed on a 10m LOC or something and is not a convertible. It is a higher interest loan 18% based on assets and receiveables. Thus the recent PR saving so much money....18% * 1.6m is about $300k per year in interest.....Get a new asset based loan for 6% lets say and you pay about 100k in interest....my opinion at least
The company has major equipment and receiveable assets. The assets are worth far more then the current market cap....Another reason this whole thing is so ridiculous. You could shut down the company and it's assets would be 3x the current cap or so.....
The 40m dollar IB is available for an acquisition and is not TCA and is not named although not hard to find out who they are....
The dilution bit has been overdone. This is a 1000% to 2000% gainer possibly. Maybe a lot more. If someone was diluting they wouldnt put up those big asks. That does them no good. When you have seen the games played over and over and over, it starts to make sense.
If the company does what they say they are doing and the CEO has top notch credentials, then anyone buying shares right now will do incredibly well.
One of the most fascinating stocks I have seen.
You know they have something like 40 million dollar financing available to them for acquisitions too right? That is the IB they were talking about I think.
That is retail....accumulation.....
ssshhhhhh....lol