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I agree with the concern. Especially with Nokia on board with Microsoft for WP7. This will greatly increase the probability of apps to transition data from phone to W7. Obviously Nok is a ways out from releasing WP7 phones too but CHMD can't afford delays because consumers are impatient especially in tech.
Market cap is 2nd grade math.
CEO said .02-.05 and we know the OS if it hasn't gotten bigger. 7.something billion.
When the PPS plummeted and I got stuck underwater, I could either hold out hope and at the same time use it as a learning lesson or bail and take a major loss. I've cut losses before. Here I see a product, and hope for the best, and that's why I'm holding out hope and not moving on.
So time will tell. And heck, if this does spike and I get out with
a) a smaller loss or
b) some sort of profit,
I'll post congratulating those that stuck it out.
I agree with any CEO that understands the basic concept that a company with a tangible product needs to make money on that tangible product to be successful.
I disagree on the .02-.05 uplisting. That in itself is based on revenue and an impossible market cap assumption.
I disagree with a gagged TA as anyone in pinks should.
I disagree with a line of credit adding any value to a company that is already spending more than it makes. He borrowed $600k in the last 8 months. Where is that money if he's paying artists with shares?
I disagree with the company IR quitting/resigning/whatever with no explanation. And where's Sherri Cook. Did everyone get fired or quit in disgust?
Has anyone googled the Britto Agency or Marvet Britto? There's a lot more negative than positive and she doesn't currently represent anyone worth anything. Does she even work with ENTI any more?
I disagree that shorting is the problem here. Look at the 1 billion 2 day period. Jimblobs own chart showed that short interest on those two days was only 10%. Much lower than the run of the mill 15 million share days. Short interest is eclipsed by lack of interest.
But hey, if you want to agree with me on one point out of 10, and that point being that I want the company to make money so my stock goes up, then knock yourself out.
There are simply too many shares available. ENTI needs to show a continual and significant increase in paying memberships. I'm sure there are a few sitting on the sidelines waiting to see if the financials for the uplisting show anything worth investing in.
I'm talking about another company that the guy I was responding to asked about. He asked if anyone has been involved in an uplist.
Since we can't mention other symbols, I didn't.
Please go back to your MM signals and ignore me.
To add another data point, Zecco shows SSWCXZ.
Zecco takes quite some time to get on board though, as I've had two others with name/cusip changes that took longer than those with Etrade or Scottrade.
Yep. About 6 months ago. CEO said they were trying to uplist. Paperwork took maybe a month from CEO saying it (this was another pink that had just RSed or been taken over from a shell) and about another month for it to get approved.
The PPS didn't go up though the company had a website, products, products in pipeline, and a brick and mortar store opening within the year. Very similar share structure.
I'd PM you but don't have PM membership.
Of course they're thick. A billion 4s and 5s sold two weeks ago. And they'll be back if this gets to .0006 to flip.
To be fair, there are a few of us bag holders that aren't down too much that are hoping to get back to .001-.0015 to get out. I still think that's doable.
I've have a couple hundred K LOC from my home purchase. If I buy a new home I cannot include that LOC as my personal worth toward the loan for the new home.
And please show me the terms of the LOC. Nobody can find them or the actual company who gave it.
I can show you a company that uplisted and their PPS went down. Show me one that just went to OTC uplist and created a new PPS 100 times the current PPS with an OS of 8 billion. I'll be waiting on this one.
You apparently don't know what an LOC is. Line Of Credit. If you give a poor person a credit card, that doesn't make their value any more.
Per the agreement they receive an LOC if the PPS stays at .02-.05 for the week. That ain't happening (without an R/S).
The market cap for ENTI ain't ~160 million. That's hilarious if anyone thinks it is. Maybe only 10 shareholders here think it is.
We already know what the revenue was for the last quarter and it was less than both the advertising expenses and the video production costs.
I'm still wondering what advertising expenses? 100 T-shirts?
They can uplist and the PPS stays the same. Happens all the time. It's what I believe will happen here.
I really don't know what you are talking about with your posts.
Dropping from .0007 to .0004 is a fraction? That's 42%.
And now it sits in the .0004-.0005 channel which is still 28% at the current PPS of .0005 which is far from stable as today indicated.
This is my last post of my 15 for today so enjoy the quiet. LOL
When the EOD PPS is manipulated by a paint, the Money Flow Multiplier which the ADL is based on, is artificially manipulated up. I gave you the formulas. If you want to ignore the math behind the ADL line, I guess that is your choice.
Please dispute my math. Accumulation means nothing in pinky land where daily closes are continuously painted HOD. Especially with a gagged TA and where restricted share amounts are very large and can be dumped and drag the PPS down.
Look, I explained it using very simply equations why the ADL is a poor indicator alone.
If people here cannot understand how a pink ADL works then I can't help them learn how to do simple math.
Should I go back to all of your posts where you said this was going up in the last few months based on your charting and show you where it didn't?
First it was the bolinger bands and ready to go up. Since you failed with that you decided to go to the ADL. Then there was the short squeeze.
Pick any indicator you want and then I'll pick the one that matters. The current PPS.
It traded a billion shares in two days. The OS is close to 8 billion. I'm sure "longs" grabbed all the shares and there are no flippers who are going to dump this once it hits .0006 if it hits .0006 for a nice profit.
Who's gonna slap the ask for a billion to move it to .0006?
1/8 of the OS was traded on the big dump a few weeks ago. That alone indicates that your 97-99% is unrealistic. It's a flippers paradise now especially if it ever creeps up to .0006.
You guys need to quit ignoring the math.
The end of day paint that occurs here every day inflates the ADL.
1. Money Flow Multiplier = [(Close - Low) - (High - Close)] /(High - Low)
2. Money Flow Volume = Money Flow Multiplier x Volume for the Period
3. ADL = Previous ADL + Current Period's Money Flow Volume
With ENTI, the Close is always above the low with the paint, and the high and close are usually the same again with the paint. That always gives a positive MFM (usually 1) which is if the stock closes where it opens, which makes the ADL increase. if the MFM is positive, the ADL will always go up because you are adding it to the previous ADL.
"The Accumulation Distribution Line is an indicator based on a derivative of price and volume. This makes it at least two steps removed from the actual price of the underlying security. Moreover, the Money Flow Multiplier does not take into account prices changes from period to period. As such, it cannot be expected to always affirm price action or successfully predict price reversals with divergences. Sometimes there is a, gasp, disconnect between prices and the indicator. Sometimes the Accumulation Distribution Line simply doesn't work. This is why it vitally important to use the Accumulation Distribution Line, and all indicators for that matter, in conjunction with price/trend analysis or other indicators."
The paint that this sees every day at close manipulates the money flow multiplier positive which in turn artificially pumps up the ADL.
ADL on a stock with
1) relatively low daily volume until the occasional dumps occur and
2) with 8-9 billion AS
is pretty much useless as evidence by the PPS after months of positive ADL.
To simplify it for you, courtesy of stockcharts.com
"The Accumulation Distribution Line is an indicator based on a derivative of price and volume. This makes it at least two steps removed from the actual price of the underlying security. Moreover, the Money Flow Multiplier does not take into account prices changes from period to period. As such, it cannot be expected to always affirm price action or successfully predict price reversals with divergences. Sometimes there is a, gasp, disconnect between prices and the indicator. Sometimes the Accumulation Distribution Line simply doesn't work. This is why it vitally important to use the Accumulation Distribution Line, and all indicators for that matter, in conjunction with price/trend analysis or other indicators."
It could be. But it still creates a surplus of shares.
Econ 101. What happens with a surplus? Price goes down.
Then why wouldn't they do this EVERY DAY and not just 3 days in the last month including today right after a PR?
I concur. Did not even need google for that one.
But like it or not, that's more tradeable shares for joe penny stock buyer which leads to lower PPS which we see now. .0003 .0004 now.
I thought jimblobs short squeeze was happening now?
A dump after a PR. Imagine that. Never seen that before in pink land.
Just saw a promo on SpikeTV for a new show "Coal" from the producers of Deadliest Catch and Ice Road Truckers.
Need to get Cowboy Mining on TV.
Uptick a few times? A billion shares. All that were sold on the 2 big volume days at .0004-.0005 are waiting for the .0006 to sell and make some money.
Like FutureAeroE said, it's stuck in the .0004-.0006 (if it can even sustain 6) until any sign of revenue shows up. So this probably won't move until the uplist and there's no guarantee it moves then if the revenues don't show an uptrend from all of the money being spent on talent.
None of the increased membership numbers matter if nobody is paying.
That's the question. Is there a big market for this? It's expensive and the battery life is poor. While it runs Windows 7, one of the complaints of many of the W7 netbooks was how the screen size was used, so it's going to be amplified with this.
At the end of the day they need the search function to work as a normal search function would
Search for:
first name
last name
user name
It shouldn't return overlapping bogus junk for a first name search using "a".
In the world of stinky pinky CEOs, he isn't even a blip on the radar of despicable full of ship jackasses yet. I'll give it some more time.
LOL.
He should put IDCN stock price on the front page.
"I look forward everyday to reading the posts! Just wonder what PPS our divy's will have come redemption time? Not going to go sign the contract on the retirement home just yet! But, if it happens I'll state I was wrong and eat crow as many others I'm sure. "
I have no problem stating I'm wrong either but have seen the same song and dance with many pinks up to this point. "This one is different" can be found on every pink forum on IHUB.
I will say I have never seen so many "investors" blow off a billion share dump as I have here. 15 million share days and then BAM! and it's MM games and not dilution?
Oh well, I've said my piece here. I'll probably just lay back and hopefully get out without too big of a haircut. Then I can watch my divvy shares do whatever it is they're going to do.
Good luck!
It yielded 1089 2 months ago. And those are members, not paid members.
I've already taken a beating on this POS in the last two months. I would have sold had it hung at .0007, but the huge dump last week killed it and now I'm stuck while this thing will flip at .0004-.0005 for the next year.
There are plenty of shares available for you or anyone else at .0005 so have at it.
That's new members not new paid members. But heck, there weren't many paid members to begin with. I manually went through half of the "a" searches. It wasn't pretty. But you already know that.
No offense but a posting from you because you say you spoke to the CEO means nothing to me. He can put out a PR to answer the dilution question. Then it's in writing and official. Otherwise it's just hearsay.
I'm not sure what "record" regarding the CEO you are talking about. The PPS sits at .0005 and has dropped from .0012 in the last two months. Not much to hang his hat on.
I see no sign of increased revenue base on your own criteria for searching the musicmatrix website to determine paid memberships.
Why should I email a CEO? He's paying 10 programmers isn't he?
Social Networking 101. Don't have a broken search engine.
If a "first name" search using "a" brings up the username "musicking", what good is that?
And FWIW, the search on "a" for first name which is the largest subset of a friends search on musicmatrix yields 1120 results. It yielded 1089 two months ago. Not really blazing on the signing up new members front.
Sure and black helicopters are flying around listening to your conversations.
The company isn't making money from memberships and they have to pay "talent" for exposure, tweets, to use their name, etc. How are they doing that?