is Loving China.. considering learning Mandarian
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What Distilleries? Where and who are these Distilleries?
Innotrek offers advanced broadband technology installation service for hotels
...and only $14K revenue with a $20K loss for third quarter?
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=25906
And guess what.. it is true..
54K volume seems insanely slow after yesterdays volume lol! However, day over day, week over week, the liquidity continues to improve.
I remember when it was exciting to get 20K in volume lol!
I have one question for you, how are they going to pay for this "progress"?
A 1M block is only $600 and I don't see many "large" blocks going through except on the bid. There have been twice as many sold on the bid as bought on the ask.
I would be praying that $.0005 support holds or even the pumpers are going to bail.
Probably less than what they have paid on fluff PR's
Unfortunately there are no shares available to short..
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?key=rmdm&cntry=usa&tag=United+States&ib_entity=llc&ln=
Had I been able to short the stock when I first noticed it was getting "pumped" I could have made a 50% profit so far..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44469330
You've got 43 posts under your belt, respect your elders lol!
Don't ask me, ask the Company. It's your money after all, not mine. I'm just pointing out the fact that they have a business that purports to be in the liquor business, but Florida has no permit for them on file.
They did $14K in revenue with a $20K loss last quarter according to their own filings. Which by the way is less than most traders here on Ihub make trading these trash stocks.
At $300- $500 a pop for a PR they are going to go broke on $14K revenue per quarter
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=25906
Really? how so? I'm curious to understand this line of thinking.
Man, these guys are grasping at straws for news..
How about they announce their liquor business has gotten a liquor license lol.
Putting me on ignore isn't going to change the reality here.
RMDM is and will always be nothing but a hyped Pump and dump.
I think it is pretty much exactly what you just said. I know the CEO has reiterated to me many times his frustration about having the stigma that comes with a pinksheet. However, like many Chinese companies, he thought that the easiest way to go public was through a shell. His plan was to all along file with the SEC but they ran into a huge delay over how to account for their land rights acquisitions. This delayed going to the OTCBB by well over a year. Despite it all, they are moving forward and once they get on the OTCBB I think it will be treated a whole lot differently by investors.
Ultimately, being a pink is what is holding it back right now.
I would start with this audit..
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=22945
It shows the capitalization of the company. Also, the audit is PCAOB, the same thing required of SEC companies. They are working on 2008-2009 now.
After reviewing the audit I'd recommended looking over all the historical press release. There is a lot of information out about the company.
There are a ton of documents released by the company here..
http://www.siafchina.com/english/down.asp
Dec 31..
You probably should grab a glass of wine and print the link below out and read through it. You might find enlightenment and answers to why this little pinky seems to be a one of a kind.
This is a PCAOB audit.. the EXACT same audit required of fully reporting SEC companies. They are working on 2008-2009 now.
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=22945
You don't buy land in China, you acquire land rights. The company is only using about 15% of its current land bank which it has rights to for 30 years.
I think if you were more familiar with the complete picture it might make more sense. Much of what you say is true in general terms, but not all companies use the same strategy or generate revenue in the same fashion.
Most of SIAF's projects are joint ventures, so the capital comes from the other party, not SIAF. What SIAF does is provide the technology and management.
For example, the SanJing JV, the Government has pretty much provided the assets as well as the capital. SIAF merely is licensing out their technology and for that they get 40% equity.
I think if you understood their business model a bit better the dividend would make more sense. I have spent a full year getting to know the company and I am simply impressed with their business plan.
Not really, the 51K block was most likely mirrored from trades made during the day. Also, a number of trades made during the day were also mirrored or incorrectly printed. The actual float is 12,709,357 shares, of which about 2.4M are in public hands. The rest are held by people close to the CEO.
I feel pretty comfortable saying that the true volume today was probably more closer to 300K than it was to 400K.
Also, you must factor that we are now nearing a 52 week high.. or better yet a 2 year high.
Comparing the volume in early 2009 to now, there really isn't anything strange. Simply put, the stock is forming a very solid base 10,000% from its low. There will probably be more churning, but if the volume continues to remain strong, we should have a similar break out like we did in March.
The margins in Agriculture are very high and expansion is basically cultivating more land with the assets (equipment - labor) you already have in place.
I think this is more about making the affiliate investors happy more than it is about giving something to nonaffliates.
That logic doesn't compute.
The purpose of a dividend is to attract long term investors which help a company maintain a high market cap. As such, it makes it easier to capitalize.
You also have around 33% subsidies in China Agriculture to consider as well as the margins.
Most OTCBB's struggle to maintain a solid investor base. A dividend is a good way to cure that problem.
A public company's growth is just as much dependent on sales as it is on it's market capitalization. In most cases a investor who receives a dividend will likely re-invest that into the company, thus providing not only liquidity but helping the company further maintain capitalization.
I think they are used in fishing
Attend the conference call on the 5th and ask the CEO directly :)
We've been seeing Form T's off and on since the low teens. They have never appeared to hinder performance of the stock and in most cases the few times they have appeared the stock rally's. What they could be is anyone's guess. They could simply be re-prints.
The float is static, post merger shares can not have their legend removed due to Rule 144(i) and that is the main reason the company is registering with the SEC.
Something interesting however was that just the other day 6,000 shares were available to short in SIAF through IB. This morning I checked and there were none..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44538507&txt2find=IB
Use google... it works..
They are, and I not only own several, but I have a Texas CHL. But I'm not petrified that Obama is going to take my guns away lol. I imagine he has more important things to worry about as should others.
Houston just elected an openly gay mayor..
Yep.. the largest city in a historically conservative State.
Times are changing, some folks just don't want to accept it.
OMG, does the term "cling to your guns and bible" ring a bell?
I guess next you'll think the vapor trails off of commercial jets is really some nerve toxin that makes people liberal.
Seriously did you just ask that question? Do you even know how google works?
Oh lord..
Do you want to know what most Americans do when they get a unsolicited call from a poller? They hang up..
Telephone polls are 100% useless in making any definitive result..
However, I will say this again.. GOOGLE tracks all web traffic..
Google clearly shows which side is winning. Whether you want to accept that or not is your choice.
Something equally interesting..
Number of google hits for "percent of Americans for the public option" 16M
Number of google hits for "percent of Americans against the public option" 18.2M
What is so fascinating about this.. is that even when you use the search term "against" the top page returns are "for" the option.
I'm sorry bud.. but I don't need polls from either the Right or the Left.. I simply need to use Google to know what Americans think..
Kennedy was banging Marlin Monroe.. hey man.. we are men.. we do that sort of thing when hot chicks come around. I think Obama however is smart enough to at the very least not get caught haha.
More than just Huffy I'm afraid.. but you have to be willing to keep looking at all the other hits. However, I imagine since it goes against your entire belief system you would rather ignore the hundreds of Google hits on the subject..
Google does not lie.. Google merely is a data base
Actually h24ever your wrong..
And I can prove your wrong.. so can millions of others..
http://tinyurl.com/yaprmtw
Nothing will ever get fixed until people stop blaming the other side. Both sides have equally destroyed this nation.
As far as I am concerned they can keep doing it, all my investments are in China.
Americans elect the corrupted politicians because they vote for slogans and images, not real leadership.
It is only a disaster because we as a nation chose to make it so. The corruption is the same on both sides.
That is a lot of reasons.. now find that many for why we shouldn't have a public option :)
FEED back in $4.66
FEED Trailing Stopped out $4.69 from $4.54
Went to lunch and came back cash heavy.. Waiting to see what happens next. I think my stop may have triggered that sell off lol.
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=44515651&txt2find=feed
What moves a stock up is fundamental growth. With RMDM, the filings don't support the PR's. So, the PR's are really just to attract more piglets to the slaughter.
All in my opinion of course..
ROFLMAO AUTO punked into the bid..
Who's Next?
Panic sets in when $.0005 fails.. you haven't seen panic yet.