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Had it not been for the shares I own here, I'd not bother posting here, yet along read anything regarding.
But I'm here.
So it is what it is.
NO progress with this stock as of late nor do I expect anything anytime soon.
The fact we're still posting here is truly amazing.
Blame it on the economy? -NOT!
this stock tanked well before that.
That's been my point all along! All these Penny/pinks are alike!
They play word games with the minds of the targeted newbies or the ill-informed.
They don’t care about investors like you or I, we make up the small differences to the overwhelming majority who never reads between the lines.
For every dollar we don’t spend, they spend ten.
I've long since learned of these verbal manipulations from all the losses I've incurred from being trapped by the way the words were used.
You are correct to make a distinction between, BUYING BACK shares and CANCELING shares.
Buy-Backs can be later "Reused" or "Reissued"
Canceling Shares are removed from the market.
Besides, how do you BUY BACK your own shares and have it actually mean something if they're not cancelled.
When all the monetary smoke and mirrors clears, all you've done (for example), was remove your chips off your table and placed them in your pocket to use later.
I can issue a billion shares and buy back half.
In reality, all I did was lower the percentage of my company I wish to share and that’s only done on paper, not in cash.
I don’t care what the buyback cash “EQUIVALENT” is, no cash is ever exchanged if all I’ve done was lower the percentage of my own company I with to share.
I’ve not put up any money to issue those shared percentages, so why am I bragging about the cash equivalent when buying them back?
-LOL!
The answer is, “PERCEPTION MANIPULATIONS”
These Pennies/Pinks seems to live by this.
The true and more correct way to make the “Buy Back” have the intended impact is to add the words “CANCELLED SHARES” to it.
Then the A/S and O/S would be correctly reflected. –(i.e, ‘Lowered’)
Although all in my opinion, it can be validated.
LOL! heating up? doubt that!
The only thing likely heating up is personal adrenaline.
But that has absolutely nothing to do with the stock/company, in itself.
I wouldn’t put pass this closing at .0002-
All those who bought in at .0002 or .0001 are already cocked to dump at BID/.0003.
let alone at BID/.0004 or more.
THIS will tank the ASK to .0002 or less.
This is the pattern and never seems to fail.
Very good news? -BAAHAHAHAHAHA!
they must be running low on lavishing lifestyles funding.
They're always releasing PR's that they're so "PLEASE TO ANNOUNCE" because of the joy they get from all the shares they'll sell to replenish their wallets.
I've about given up on all these penny/pink PR's
but don’t get all excited.
After they get their financial refills, the PPS will likely tank back to .0001
This is the way of the Penny/Pinks.
But fortunately for us, the SEC is currently devising new rulings that'll INCLUDE retail stocks such as these to follow the same guidelines as the big boyees.
No more will these Penny/Pinks proceed with their unmonitored PR's without being held accountable to what they say.
Their free reign of unmonitored operations down here off the boards will end soon.
I’ve lost too much money in this company already and the only reason why I haven’t sold off all my shares and remove this from my portfolio, is because of the commission fees.
whether in my opinion or not, I'd rather pay commission on stocks with better returns.
This stock will remain as a tax write-off on my next tax filings unless otherwise better performed.
Maybe he meant Skank Stock...-Wink-Wink!
LOL! (A Comedian), NO! I bought 11000 shares at .5/each.
LoL!
BOUGHT 11,000 AT .5 -Now prep for flipping!
Cause that's all these stocks are good for.
No more longs for me.
Flip mine!
Take mine!
SELL!! SELL!! SELL!! while you can!
this will tank back to .0002!
IMO or not!
Yaaaawn!,, WRONG! ,, PPS tells all,, try looking it up!
Thanks, but, no bashing here. -Not say you implied I was one, just stating that bashing is not my intent here.
I call it as shown.
Everything I said can be validated by company track records.
This stock will be where it is for quite some time.
I will be eventual growth, no doubt, as this is globally expected with many companies sometime late this year throughout the next and onwards.
Some sooner, some later but it will happen.
I just doubt this company will progress anytime soon.
Remember, ALL stocks have more weights pushing them downwards than they do upwards.
This stock will certainly fall before it ever rises.
That's no bash, that's a fact.
IMO or not!
And there inlies the snag! the ole "POTENTIAL" trip.
And the very thing these Pennies/Pinks count on to line their pockets.
Investors, (like myself when I was a newbie), saw owning 1,000,000 shares (at .0001, which was only $100), had this heart racing self-imposed dream that 1,000,000 shares "COULD BE" worth $1,000,000.
I saw the "Potential" more than the reality that '.0001' would need to up-tick to '1.00' for that to happen.
Unbeknownst to me at the time, the likelihood of that happening had no scales to measure.
Validated after years of endless (average) losses with "ALL" of the penny/Pink sheet companies listed in my portfolio.
And even if it did, I'd not be the only one cashing in as a millionaire and the company in question would likely go bankrupt, short of issuing millions of 'IOU's and that's assuming the PPS holds that long before tanking to '.00009'
Point is?
The 'Potential' will never happen.
It never does.
But pennies/pink sheet companies makes money off those who load-up, thinking it will.
Did you see 'Lowes' stocks? they're down like everyone else.
So signing a contract regarding 'Winning Brands' is no different than their current contract with Clorox and many others. Just another cleaning company to fill the shelves, along with the mops, brooms, plumbing pipes, drills, faucets and on and on.
Ever ask why Home Depot don't have the contract?
The PPS of this WNDB company is steadily falling, even as we speak.
I still have shares here but not selling only to avoid commission fees.
But as soon as this stock goes up enough ticks, if ever, I'll be clearing it out of my portfolio, along with a host of other account debilitating stocks.
And that will conclude ever again investing long in these damn pennies/pinksheet stocks.
I regret ever getting involved.
Of course! The 'MM's are trying to make money too!
I mean, they have bills to pay as well.
times are hard and everyone is out for themselves.
I've had a sell order for days and the 'MM's kept monkeying around with the PPS to average me down to their level.
But I held firm and still holding.
As a matter of fact, I set it to 'GTC'
No offense but, there's been "LAST CHANCE" for cheap shares since late last year.
No rush!
These shares will remain cheap till end of 1st quarter in 2010.
Anything hinted outside of that is pure BS Hype.
However, that doesn't stop picking up a few along the way.
But don’t expect anything major. -I mean, the management team have home mortgage payments due too.
WE trading at .0002 yet?
Um, 'Sunofwolf'? um, you've sent me a blank message..
Should I assume you're speechless?
When are we trading at .1? have 1999 shares remaining.
Are we trading above .50 yet?
Um, did everyone give up the fight?
BUY!!! BUY!!! BUY!!!
I'll explain later!!!!
gotta go!!!
LOL! I know I'm late but, Signing an agreements with companies trading down here, holds about as much value the ants would have for a Bar of gold placed atop their entrance.
Totally Pointless.
According to this company's track record, the presumed progress in today's filler busting PR would be best SEEN rather than ASSUMED!
Agreed! and by them putting off the suspense until December 2009, only buys them time for the next PR 'Hook'
Progress is noted when SEEN not ASSUMED.
These pennies/Pinks are all alike and why I no longer invest in them long enough to lose.
But the SEC is currently revamping the Trade Rules to include "Retail Shares" to follow the same guidelines.
No more will these Pennies and Pinks proceed while unregulated, as they have done for so long.
This is the SEC's attempt to not only restore investor confidence in their mere existence, but also crack down on Penny/Pink Frauds and their over exaggerated PR claims.
(I think the real reason for the crack down is that the government got tired of “unnecessary spending”/refunding capital losses back to investors who've lost money on these damn shyster companies that been slipping by on the SEC's watch.)
This stock always ping-pong so don’t get all excited.
lol
I got in at .0005 at open and took profits at .0007
Call me what you want, but, I averaged up! -commission covered.
and that's all I care about and that's all these pennies/pinks are good for.
So far I've recovered 80% of all my loses in these damn pennies/pink with about 20% to go before breaking even.
Then it's payback time -LOL!
With my orders preloaded for flipping, I'll have all these pennies/pinks shaking in their boots on the mere thought of up-ticking.
THE WHOLE MARKET IS TANKING!! NOT JUST THIS STOCK.
But there's a catch on the 500K Buyback.
This resignation of his was premeditated.
If you check the previous company-dump history, you'll see the same game patterns played by these pennies/pinks.
They dump chunks along the way and after enough is in play, then announce a buyback.
In other words, they DUMP to BUYBACK!
That way it looks good on the PR's, giving the illusion that they're making progress.
But what's not on the PR's, is the dumps they piled into the market before "announcing" buying it back.
(Like the salesmen who mark-up to mark-down)
So as you can see, they’re not losing anything but sure as hell gaining a lot.
OK! Listen up! -Reverse Split on the way!
Any company that sits at these numbers for as long as this company has, are pass due for an R/S.
This is what they do and why I no longer invests in them.
YOU ARE CORRECT! -Part of my problem was forgetting that management are people too and like people, they can be just as crooked.
I'll not name other 'out of topic' companies here, but, SMWF has also cost me a great deal of money, time and confidence.
I know what I feel means absolutely nothing as far as this company is concerned.
I mean, they're not the ones "out of the money", I am.
They've made out, I didn't.
But I'll never fall in love with these pennies/pinks again, ever, that's for damn sure.
NO, it's a front! they're all the same and will have the same results.
This is what they do.
I'M LATE (several days) but you are more right than you may know.
Each and every time I get R/S'ed by these damn pinks, not only do I lose market value since the higher PPS that follows the R/S almost always tanks back down to where it was before the R/S where when multiplied by my lower R/S'ed share count, the market value is a fraction of what I had before the R/S, (The company keeps the difference), but also $20 is deducted from my brokerage account to pay for the so-called "Reorganization Fee". So this R/S costs investors money on both ends.
-And why I no longer invests in the pinks.
The maintenance of them have cost me more time and money than they're worth.
And serves me right for ever getting involved.
DAMN! SPNG fell like tons of bricks.
Should I load up cheap?
Should I sell to minimize pending losses?
Why didn’t yesterday's news stir up a buying frenzy?
Simple!
Investors are a lot smarter now.
They've long since learned that (unregulated) PR's from companies trading down here aren’t the same as PR's from the Big-Boards.
Investor's now trade on PR -facts!
not on PR's that sounds 'something' like it.
It's good to be aware of all the potentials, except for one thing, companies trading down here never seem to get past the "potential' part.
-wink-wink!
>6^}
No offense but I doubt that very much. You don’t resign, (DUMP) a company you believe will do well, only the ones you believe wont.
We, the investors, have all fed Al’s pockets for his early retirement.
And upon his “HANDING THE COMPANY OFF TO SOMEONE ELSE”, He'll also, likely, get royalties off this company if things ever takes off.
The patch-in (or piggy back) of Amazon.com was a strategic cookie for those who're to replace the current management team. (Assuming there really was/is one.)
-And by bragging on the new management team, keeps investors with enough hope from otherwise panic selling which would put a dent on 'Al's monetary exit strategy.
Like I said before, these pinks are all the same and why I no longer invest in them.
I've decided to never take any of their PR's by their face values because in the end, you're almost always left holding the bag. -literally.
I used to feel such scorn against flippers, but after countless episodes of losses through all my cheers and “RAH!-RAH!”, I now see why they never marry a PINK SHEET.
Apparently, they’re more experienced in the stock market trading than I’ve ever gave them credit for.
Validated by their average gains to my average losses.
I’ll keep what shares I current have in SMWF, (Only because of brokerage fees to sell), but I expect it’s market value to be soon R/S’ed away.
That’s the way of the pinks.
And serves me right for getting involved.
The sad part is, for every one with a clue there's about ten times that many without one.
I too have given up on all pinks.
I don’t have the time or patients to put up with it anymore.
Although I'll not sell out my shares here, (just in case), I will sell them all just before the next tax season.
I've stop buying pink sheets.
They're all costing me more money than they're worth.
Even this SMWF cost me money when they did the last R/S and also cost me Brokerage fees due to the reorganizations that follows the R/S.
Every damn time these damn pinks does an R/S, it costs me $20 reorganization brokerage fee.
-THEN the PPS tanks back down to .0001....Money Gone!
700/1 RS! Effective at Closing? -That's just like a damn PINK SHEET Company!
Like I said many times before, they're all alike!
and there goes all my shares. -because typically after the R/S settles, the PPS will tanks back down to .0001.
Multiply that by your new R/S'd share count and your market value is deep red!
and CMLT happily pockets the difference then lays low for a while.
End of story, YOU'RE OUT!
I hope I'm wrong about this pink, but this seems to be the most common ending with them.
>B^{
LOL! you really think they care how many shares they can dilute?
You think they give a damn who the hell buys it?
Don't worry, I have a plan that's been working in the pink world.
I'm building up a "Rainy Day" fund on this motha and it’s brotha.
and
-as soon as they up-tick, um'ma tick'm off.
real HARD!
That'll make up for all my losses in these pinks.
It's time for REVENGE!
I've so far regained about 50% of my total losses in these damn pinks.
>B^}
Staying positive throughout, in the face of harping negative rants is what takes character.
Per 'slazenger7' Post #31725.
Sorry 'slazenger7', but, by the looks of my portfolio, I'm out of character.
-LOL!
>B^}
ARE WE TRADING YET? Buying 50,000,000 shares.
But getting declined..
Comments anyone?
WHAT IN TANK-HELL IS GOING ON!!!
'Myth'?, that's no MYTH, U R Correct!
My post you've responded to was incorrect.
I had too many files open and was reading from the wrong ticker.
This company, CBAI, is a reporting company!
Also according to http://www.pinksheets.com/pink/quote/quote.jsp?symbol=CBAI
they're rated on the second most highest tier of qualifying companies.
They're doing things the right way to obtain this tier, yet alone to sustain it.
With this, I agree we are at the floor and that it can only go up from here!
No he's not, I'm afraid. what he stated seems to be the plite of the pinks.
First they put out the "CALL" (i.e. a PR with the smell of good meat near by)
Many are then drawn to the kitchen.
Then when they put their PLATES, there's a R/S.
the cook get's in a food fight and everyone walks away but HE LIVES.
then he starts up a new brew, using the food collected from that last food fight,.
NEW plates are up and he then fills them.
THIS is the PINK WAY! -This is what they do.
-BUT, there may be some exceptions here with this stock.
Stem cell research facilities, preservations, storages and more are today’s next Dot Com Boom.
I believe all of them are likely winners.
It just comes down to where you enter your position(s).
At the top?
In the middle?
Or the ground floor!
CDAI is currently at the ground floor .0033/.0034.
Quite frankly, from a $1.00+ point of view, this isn’t a bad point of entry for this genre.
(Shhhhhhhh! Might want to get in while the world is still clueless)