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Man, I keep talking to myself on this board. Shareholder update letter being sent out to all shareholders of the company - how often do you see that with a stock like this totally undervalued. Surely someone receiving such a letter will post on this board and keep me company. Though as I mentioned before, maybe gold miners are not interesting enough for this site, I just don't know. It's all good, all good, just a matter of time. I am predicting maybe .20 pps in the next couple months, maybe even sooner. And that is just a start. Each penny increase in PPS is 920K increase in market cap.
Check out otcmarkets/pr newswire, ITEC just announced closer to going live, what a bonanza this is going to be! Getting exciting. This will explode much faster than just about anyone would imagine, but hardly anyone is paying attention which is fine with me.
I am in the process of looking into it, I know some info but just a piece, AND I do NOT want to be the bearer of news where the news is only part of the picture, it just leads to more confusion and I don't want to be the source of that.
This much I'll say, is that there is a big picture and we are only being exposed to a part of it. Things are not always as they seem to be. Until these filings come out, I'm afraid we'll continue to be in the dark.
Regardless, I do NOT believe that this is a scam. There may be some poor management along the way, mistakes made, but nobody's getting rich, I've said that many times. Also another post mentioned about pump and dump - when it ran it .0012 that was not a pump and dump, there is absolutely NO evidence of that whatsoever. Nothing on the internet to speak of for trying to pump the stock, and I also suspect that that will not happen going forward either.
In the end though, regardless of what you believe about the intentions of the company, I WOULD HAVE TO AGREE that scam or not, if you lose all your money, it doesn't matter really what the reason for that is. That is, being "scammed or not" doesn't matter, what matters if you made money or not.
No idea about that, doesn't sound good, but if what was just said is true, then explanations are needed for sure. Let's see what can be learned and get the whole story.
I have to tread carefully here in what I can say. I have talked with members of the company at length (would rather not give names here), and so if I have made such statements implying that in my posts, then it is as I said.
If I have offered up conjecture in an area, which I have done many times, then I have stated as such. Of course such conjectures could be based partially on what I have been told.
As I stated, for me personally, this stock is a hold right now. If it rallies, then I am a slight seller just for the sake of prudence based on how much I have vested already, and would not be buying any more if it were to retreat or oscillate, not unless I had SOLID information on how the company is truly doing, which to date, none of us have had including myself.
While I believe XCLK will be successful, I don't know that for dead sure. I do believe that they are not going anywhere soon and so, unlike a stock option with time decay, the time decay here is in my opinion slow and worth the risk. I also think the co-signer opportunity could be good and, this is just conjecture, I would be happy if they divested it and kept all the money for the company operations and stock buyback instead a offering any dividend (even if doing so would not benefit me and you directly as much). Most important, I just want to make sure that they can maintain cash flow to get through the next year, since they are still to some degree in the incubation/early developing stages of growth, let's NOT forget that.
yeah, 190 mill (family), too many shares to be honest. But it is what it is. I may take some off the table in the ensuing rally earlier (.001) than what i had planned (.002 - .0025) to free up funds for other investments AND reduce exposure.
From what I understand, it's not the companys fault completely and there was a delay in the auditor side being able to start it in the first place. Everyone has schedules and maybe this one wasn't scheduled properly at either/both ends. Also heard that they are actually doing a good job. I know I know, hard to believe, but that's my understanding.
I have thought about that many times, what a diabolical approach huh? And at these prices a great deal. I don't think so though. Also I think that that would be a material event they would have to report on like conversions, which also have to be reported, at least according to the standard that XCLK had established in 2015.
Right now with the # of shares I own, this is a hold. If I had fewer shares, i would rate this as a buy.
That should all be made clear very soon (I hope!). We'll see what the debt holders are doing. In theory, if this is the 10K, then I would think that there is nothing material that we don't already know based on the time period it is covering, it's so long ago. It will be interesting to see how much if at all they mention anything outside the period, if it is even allowed to do so (I have no idea what the rules are).
Johnny I am not sure that the debt is cleared or not yet, we'll need to see about that. Not being negative, just stating that we don't really know. We do know that there havent been any conversions or else they would have announced them as a material event.
Regardless, my understanding in talking with them is that the last thing they want to have to do is issue any more stock, and that, in general, is a good thing.
Man I know they're pushing hard. If I had the skills to help, I might have even considered showing up at their door to do something useful - my day job by day, pumping out financials by night LOL
In my opinion, this is the best thing that could happen. She needs to be challenged from all ends, which will bring attention to the democratic side of the race, and promote more people to pay attention and pledge when reached out to. Having her as a shoe-in is actually not a good thing, and something I was silently concerned with from the beginning.
MJAM, there is no merger, trust me on that one (not with Telepoint at least)
The co-signer piece, I'd love to know where that stands, but am told it is real, whether any of us wants to believe it or not.
I hear what you are saying loud and clear, and respect it fully. I am not close-minded to think this is a slam dunk by any means, and look forward to a stream of news in order to make informed decisions. Lets get past the blind patch here. Good luck in getting out with hopefully some kind of profit, or at least break even. If some turn of events changes your tune, it would be interesting to hear about!
I totally understand and empathize with what you are saying based on what has been communicated.
Let me say this, IF things turn for the better, communication improves drastically, the big picture as well as the details become clearer, will you, or anyone following or invested in this stock, change his/her tune and become bullish again and forget any of this ever happened? Are we caught up in the most recent (or lack of) news of the day, probably yes we are, and for the most part, rightfully so. While nobody is obligated to answer this question on the board, it certainly would be worth contemplating for oneself whether one would actually change his / her mind as things become clearer. Just something to consider, and am talking to myself as well, albeit in the other direction (if news that does get released shows the wrong direction and accepting that).
Remember back when there was no bid on the stock, yes, no bid, and you could pick up 10 million shares for a thousand bucks and all the negativity. Then remember when it did a 10x increase within weeks and how all the talk about it going to multiple pennies which I said multiple times lets not get ahead of ourselves, especially with literally no news (except hillary announcing). Now fast foward look where it is and the bearishness and uncertainty (again, not knocking that, just pointing it out). Just worth contemplating that's all.
The results reported to the FEC as has been discussed here on the board certainly are not what we expected, there is no question about that, and we look forward to the company explaining that. I do know as a fact that they are working very hard to setup relationships with a lot of call centers.
Part of the challenge may be where the election cycle stands currently for the democrats. With XCLK and FFAGA focusing maybe less on the big doners and more on the smaller ones (commoners), from what I see out there, there isn't a lot of excitement over the democratic nomination. While Hillary may be considered the shoe-in, why might people want to give to the campaign, especially those for whom it is not on their radar, yet.
Switch to the Republicans. Fox debates had a record audience for a non-athletic event of 24 million viewers, with Trump and many of the candidates creating a real buzz. It may not be until the heat turns up on the democratic side or democratic vs. republican side that we see true interest in people wanting to engage in and support the fight for the democrat. Certainly at that point, I see XCLK shining through (they have no choice).
In the meantime, they get the K and Qs filed, freeing themselves of that albatross, and continue to work their strategy which should be revealed to us in the coming weeks.
These folks are really busy, working very hard and sacrificing their personal lives, and all my interaction with them has been professional, even if they can't respond realtime (or at all) like we'd all want. This is far from any scam as has been suggested numerous times on this board, and in fact if they are successful, I am sure they will all be compensated appropriately and deservingly, and if they are not, they will have given it their best shot and hopefully will have been paid most of what they should earn in salary in the process of doing so. But as it stands now, nobody is getting rich off the company or the stock, the stock is not being pumped at at all (that should be obvious)
If one can't live with the uncertainty and is not supportive and confident of the plans that get announced, then the next rally will be your turn to bow out and move on.
Go XCLK!
At least on the XCLK side, that was a reason for hiring Herschel Younger (see press release 10/6/2014) who has extensive experience with campaigns and other fundraising efforts.
The link was given multiple times in previous posts on this forum.
Albeit, it was definitely disappointing and I expect the company will be commenting on that in upcoming filings after the 10K, stay tuned.
I hate to say this, but for the sake of transparency and accuracy, the comment on FB:
"Cross Click Media Inc.
July 31 at 1:08pm ·
CrossClick Media, Inc. will not be filing our 2014 10K today as previously reported."
They previously reported the end of month to be the month of June and not July. LOL
"Cross Click Media Inc.
June 9 ·
We have consulted with our auditors about the timing of this filing which we believe may be around month’s end. However, we caution that timing remains subject to change dependent upon having to resolve any other technical issues or matters arising."
So as far as I can tell, previously reported refers to end of June, not end of July.
Nonetheless, we're getting there one way or another.
I agree it has 95% chance of going up, while there is always a slight chance of something unexpected.
The new facebook post is very welcoming. Albeit it has continued to get delayed.
I believe what they are saying completely about the delays and their frustration. I know they are frustrated more than we even are, if we could imagine that is possible. One big difference, they are insiders and having talked to them on a regular basis, I believe them to be confident of their direction just as they have been saying (about how the market will eventually properly value the stock)
...
A few thoughts for those willing to listen as we impatiently wait. As mentioned previously my family controls about 190 Mill shares at a relatively low average price and we haven't sold a single share.
- Merger with Telepoint - I see no possibility for this, but I see it being discussed on these boards quite a bit. Everyone is entitled to speculate especially when looking for reasons for the delayed filing, I get that. Personally I don't give a rats ass about Telepoint, but that's just me. Telepoint has been around for a long time and is successful in their own right, but the direction that XCLK is going is not in alignment.
- The company has said over and over how complex the filing is. Take a look through the last three years worth of loans to see what I mean. I know part of the delay was completely out of their hands due to the auditors having their own scheduling issues.
- share structure currently locked at 2.63 billion. If they had to issue more shares then I would expect it to be disclosed as a material event in an 8K as they said they would disclose material events (which they have not done - that doesn't mean that there are not sub-material events, i.e. half decent revenues - we'll see about that).
- Hillary fundraising - it's not ALL about Hillary EXCEPT that that project is the one that the company has discussed the most in their press releases and focused a lot of energy on and expecting revenue on. I hardly hear about Hillary these days with the posse of republicans duking it out and there being only one other democrat. As a likely shoe-in, raising $ for Hillary at this stage may be more challenging than anticipated, I dont know, and maybe we need more time before we get into the serious democrat vs. republican antics. Right now, Trump and company are providing their own serious side shows that the public is eating up.
- More importantly as I have mentioned, XCLK has more up their sleeves than Hillary - Hillary is just a harbinger of things to come. I look forward to their announcing news that will reward their loyal shareholders (put your name there if it fits).
- Spinoff of co-signer. Because the businesses are just so different, spinning off co-signer makes sense. I don't think they would issue a completely separate press release focusing on it if it were not a real potential, but I don't know more than that.
- Stock buyback - not sure how they will pull that off without enough revenues to cover it, but they did throw it out there meaning that IF they had the revenues they'd consider it, which in my mind implies a shareholder friendly company (I know I know, hard to believe right now).
But let me be the first to respond to this post within the post. It's a scam, we'll see .0001 before you know it, this thing is not real, its all a lie. Lies on top of lies.
OK, sorry, needed to get that out of my system!
Have a great rest of weekend everyone, it's been great so far!
Nah, there aint no financials. Thats Yahoo! Finance and their trickery. Almost every day they update the Headlines section for stocks, for example:
CROSS CLICK MEDIA INC. FinancialsEDGAR Online Financials(Sat 1:04PM EDT)
iew: Annual Data | Quarterly Data All numbers in thousands
Period Ending Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Nov 30, 2013
Total Revenue 158 51 12 15
Cost of Revenue 4 - 3 -
Gross Profit 154 51 9 15
Operating Expenses
Research Development - - - -
Selling General and Administrative 574 453 726 528
Non Recurring - - - -
Others - - - -
Total Operating Expenses - - - -
Operating Income or Loss (420) (402) (718) (513)
Income from Continuing Operations
Total Other Income/Expenses Net 179 (264) (360) (260)
Earnings Before Interest And Taxes (240) (665) (1,078) (773)
Interest Expense 43 59 44 32
Income Before Tax (283) (724) (1,122) (805)
Income Tax Expense - - - -
Minority Interest - - - -
Net Income From Continuing Ops (283) (724) (1,122) (1,014)
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income (283) (724) (1,122) (805)
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares (283) (724) (1,122) (805)
Excuse me, what did you just say, this has nothing to do with Hillary? Really? So every press release has discussed Hillary and what they are doing in that arena. They are hiring call centers like no tomorrow (I know that as a fact, that's all I am going to say on this board about that). And this has nothing to do with Hillary? Really?
One thing that I have to really eat my words on goes back to pre-Hillary announcement. I was sure that after Hillary announced, all the uncertainty would go away (we'd know she's running) and there would be regular updates. In fact the opposite has happened to our dismay. We know she's running and we know she'll likely win the democratic nomination, and so we have clear sailing as far as a potential revenue source (there are certainly other revenue sources but we don't have details on those yet) all the way to the election, which is awesome. But at the same time we have no news. There was no way in my opinion I could have predicted this, but I'll go out on a limb once again and say, once this 10K is released, the news should flow and should flow regularly as it should have been from the start. In retrospect, its really hard to eat crow, I hate it but it is what is. Anyway, anything besides the above proposal (i.e. no regular news) is doomsday.
Good luck to all, hang in there, we're still early on (as we languish in mid-summer).
Not following you - "reversal" stock reversal? 6 what, thousand? ITEC Gold has not done a revers split, maybe the previous company did? The share count around 90 million should remain steady at this point as they should have revenues soon when mining starts in the next few months and therefore no need to issue further shares. Not following you. If you are saying you bought at higher prices and now it's 5 cents, well then yes, a large paper loss, but it should reverse course soon to where you can recoup some of what you had I would think?
But scam, no, there is absolutely NO evidence of any scam here. They've been pretty transparent actually with all their filings, presentations, etc., and on-time at that. It's mostly a waiting game right now, and hopefully a real short one.
What I am interested in, besides Westport activities starting up, is what they are developing in the pipeline - the Alaska mining (which probably wont get going till next year I would think) and whatever other deals they have up their sleeves, which could be huge - I wouldn't underestimate what could be brewing. But first things first, someone get on the horn with the BLM and tell them to speed up these approvals and allow Westport to get online.
I am heavily vested here as are a lot of others who bought into the private placement, many at higher prices. This will be back to 20 to 30 cents in no time, I am sure of that, mark this post. (anyone want a gentlemans bet (if there is anyone even out there, I feel I am talking to myself LOL)).
I wonder if gold being so out of favor has anything to do with this board being dead. But the truth is, ITEC is not even fully dependent on the price of gold like other miners are since they are a financing and operations company and dont actually own the mine, they are just doing all the work to get it moving!!! If gold goes up or stays where its at, they do well, if gold goes down, they still do fine.
The mining operations just need to start, it's as simple as that, and this stock WILL go up based solely on supply and demand and nobody including lame market makers, shorters, or anyone else, will be able to stop it - luckily the wait is not far off at this point.
This opportunity is a gold mine, no pun intended.
Ditto, great research and post, thanks very much for doing that, I was hoping someone would speak up after that same nonsense was posted what, 5 - 10 times by now?
All,
Like I said in a post the other day, this is NOT a scam. Whether or not they are successful over the course of the next year, etc. is still very worthy of debate, and none of us really knows the answer, but it is NOT, I repeat, NOT a scam, that much I know.
Right about the 15% LTG, that is a boon.
But lets also remember that this thing could run and never turn back. Just because it happened once doesnt mean it will happen again or that the dips, when they come, will be significant. While I am preparing to take some off the table, I am not necessarily committed to buy back in again if it does fall back, say 30% or more. A lot would have to do with the news available at the time which surely will be gobs more than we know now which is very limited.
I cant wait to look back on these posts, say a month, two months, three months, 6 months from now, hopefully in some serious jest.
This is clearly NOT a scam, it just isn't. The employees are not getting rich at all and are probably lucky to have their jobs, that's about it.
Those of us committed will be rewarded. If I had a huge chunk of free cash I'd consider putting in more, but right now I have other investments which have much too much potential to let go of, let alone not putting too many eggs in a basket.
Another good thing about XCLK is that they dont play around with these stock promos (not that they have the money to do so, but I'm sure other pinkies dont really have the money but do it anyway.) They are going to have to prove themselves which is just fine with me.
I have a feeling that we're close, real real close.
Good luck to all those invested, especially for the long term.
While I cannot explain the very very poor price action on ITEC, I have full confidence this thing is going to blow it out of the water and will do so in the not so distant future. It has taken much longer than anticipated to get all the permits, thanks to all the government environmental controls, so be it, but when approved these guys will be pulling gold out of the ground like no tomorrow. Just look at the plan, everything is in place to move forward. ITEC is a steal at these prices, an absolute steal.
Yes it will be coming soon and yes the guy would be right about not indicating a date (regardless of whether he knows or not).
My take is that the floodgates will open after the 10K, hopefully with press release after press release. If not, then I become concerned.
Hang tight all!
The COMPANY phones (855) 873-7992 are answered by the company every time I have called including recently and my emails, with one exception, have always been responded to.
Surely nobody has had the experience of not being responded to consistently, unless the tone of such correspondence from the initiator is not respectful.
I'd be interested in any EVIDENCE that the company is not reachable, not just talk, but EVIDENCE.
Yeah I think Johnny was thinking of the good 'ole .0001 pps, in which case under 300K is correct. Hopefully we never go back there.
.001 pps = 2.63 million, a reasonable starting target to get back to.
I drool every time I consider the possibility that conversions are done - it really puts a floor in the price if the company stays afloat and reports any sort of progress. I can live with 3 billion but would really like to see it say just where it is.
Hopefully some news next week!
Happy 4th all!
Not using the name was my understanding as well, though, it seems like nobody is hard-complying to that either. I guess if they need to change their name, they will, otherwise the name is just fine (Voters for Hillary in this case).
good for you. I think you're the first person on this board that I can remember than has actually done something to help the company and get involved, way cool! (besides those buying stock and posting due diligence which obviously is appreciated as well).
Really hope it goes well for you, and do keep us informed - assuming, unlike the company, you are not restricted in doing so!!! LOL
Man this board has died to the point that one can actually read days worth of posts in minutes, it'll get crazy again sometime soon.
To answer your question ... NO, this is the first time they are doing a presidential campaign.
As I look back the timeline is coming back to me now ...
7/15/2014 - 8-K announcing name/symbol change with no details of business plan:
http://biz.yahoo.com/e/140715/xclk8-k.html
"Pursuant to the approval of a majority of our shareholders and our board of directors, we have changed our corporate name to "Cross Click Media Inc." We have received confirmation from the Financial Industry Regulatory Authority (FINRA) that this change will be effective in the over-the-counter securities markets beginning July 14, 2014."
8/21/2014 - 10-Q with more details
http://biz.yahoo.com/e/140821/xclk10-q.html
"On June 18, 2014 we changed our name to CrossClick Media, Inc. from Co-Signer, Inc. pursuant to the full consent of our Board of Directors. Subsequently, FINRA approved the name and stock symbol change with an effective date of July 14, 2014. We transitioned our business focus from a real estate financial services holding company to a marketing and new media company featuring an affiliate network, call center, and an enterprise solutions division that can provide design, web development, ecommerce, data management and more through an integrated platform. With this new change in business model we have started reporting new revenues our first month of the new operations. "
8/25/2014 - few days after 10-Q issue first press release on the new model:
http://finance.yahoo.com/news/crossclick-media-completes-first-phase-130000043.html
Various dates since then press releases have been issued which are all online.
Hopefully that answers your question.
Take care.
actually it was less than that, if I recall around 140 Mill a year ago and a price of half a cent (.005). Do the math, thats about 5% of the share count now (140/2630 in millions), so a price of .00025 (5% of .005) would be equivalent price now. Close to no change in company valuation.
But you are right the price was much higher 13 months ago and beyond, which means there has been value lost from that point going back in time, but, a quadruple of the price from where it is now would even that out as well, which is very viable in the near to mid-term future in my opinion.
The 17 cents you refer to was probably over-valued at the time for a company barely having revenues and with a lot of conversions on the table to come at that time. The 2 - 4 cent range is probably a more reasonable point to start doing your comparisons.
Make sense? Does it make you feel any better or do you feel worse? LOL happy friday!
I really wanted to go out there but couldn't pull it off, too much this time around. But, that BPO (Business Process Outsourcing) stuff you mentioned that was tweeted (I dont do FB/Twitter so thanks for mentioning that) I think is a big part of what they are doing, we just need to get more details one of these days soon i hope. I am thinking that the stuff will Hillary is really just a piece of BPO in one form or another and that there is a lot more under the covers than meets the eye, at least I hope so. Long and Strong all!
Respectfully, I think there is zero chance of any merger with Telepoint. Dont get me wrong, Telepoint has its place in plan, but merging, I dont think so. I'd like to see XCLK do it own thing and be successful at it, with help and partnerships as needed.
One thing is for sure...
Nobody can say they didn't have some sort of chance to get in at low prices after the run up last month. No spike down to low price and back up again, but held in the 3 - 4 range for a while. This is a real learning experience for sure, and I really look forward to some serious 20-20 hindsight on this one, of course need to be prepared for whatever that turns out to be :) As has been said, time will tell.
Interesting point in earlier post made about whether the company would purposely not report in order to keep the price down and then do the buyback quickly, IF they have the money to do so, that's a big IF. Having talked to management quite a few times, I can say this much, these guys go by the book, they're not fooling around with any games that I can tell and want to stay as far away from the SEC as possible - and that's a really good thing.
BUT that said, hey, they gotta do what's best for the company and shareholders, so if the 8-K takes longer than maybe it should, maybe "unintentionally delaying things" a few more days or weeks if you know what I mean, beyond what everyone is clamoring for, then so be it, I don't care at this point. Listen, If the company is able to buy back some of the shares b/c they are depressed due to non-filing/loss of investor confidence, well, I don't think anyone on this board would mind assuming they still own their shares when it were to happen.
And that lines up with what the company has been saying all along, if I may quote from this mornings FB post: "especially those who have adopted a long term strategy and have clearly expressed their support for the Company’s current endeavors." So they want the long-term holders, not the flippers, to benefit (NO OFFENSE to flippers!)
While the PPS has always and continues to bother the tar out of me (see my posts for almost the last year), I'm in for the long haul with many of you.
Hopefully ... per my previous post #19727
"What if the 10K is not released until July, yeah, July? Is that going to cause anyone here to give up and sell? I HOPE NOT. DO NOT SELL (I don't think most here would do so). Be PATIENT as painful as it would be if it takes that long to get us news, or longer."
Looks like that's a real possibility. Yippee!