says, "Companies that trade on the OTCBB will require Cash/Cheque. "
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Only need to wait 1 year to find out for sure, Pork.
I'm sure 2009 will be, like, totally awesome, Dude!
Regards
Important milestones, in order of occurrence
My opinions:
1) Conventional financing closed and payment terms from Chinese suppliers. They are already late on this by their own given deadlines, but we do have new near-in deadlines (by Talladega, maybe?). Absolutely important first step, which leads to:
2) Product ramp and roll-out. Already have initial product build and roll-out, but it's still murky and limited at this point.
3) Revenue increase from #2.
4) Profitability. Due this year, over all.
Their revenue target for the year is $11M. I do believe they will be profitable if they hit this number (I estimate break-even revenue is about $10M this year).
Can they do it? Watch the milestones.
Regards
Pork, weren't you the one
that had the phone conversation with ?Reid? and he told you the tools would start hitting the stores in May, around the 20th, as I recall?
Don't look for the tools to be in CSK auto stores by April 26th, then.
Regards
In addition, the race will be televised on ABC
instead of the usual ESPN2, which should mean better exposure for STPtools.com.
Unfortunately, CHDT doesn't seem quite ready to capitalize on the exposure. I don't think the CSK tools are supposed to hit until May, in advance of June's Father's day promotion.
Maybe CHDT can send a few more shares McM's way, and get a June date primary sponsorship.
Nashville (June 7th) and Kentucky (June 14th) are still open.
Regards
Exactly, so how is that analogy apt
in this situation? Well, I guess there has been a tidal wave of shares entering the float recently*. Is that what they mean when they say Perfect Storm?
Regards
* From the iBox, 140M in September 2007, 212M last I checked.
Is the Perfect Storm
really the analogy you want to invoke here, Pork?
Remind me again, what happened to the ship and the crew in that one?
Regards
Hey, pork, they still have some for sale
I don't think they've sold very well. I thought the company was trying to get them shut down. Not the kind of confusing competition you want when you're launching a new product line.
Regards
2nd most overlooked statement
One of our milestones this year will be to transform a non performing subsidiary of ours called Overseas Building Supply into a consumer products company focusing on high tech consumer products. We have developed a great new product that will launch in the first Quarter of this year and we look forward to this sub immediately contributing revenues to our company.
Howard Ullman, 2/13/08
http://www.sec.gov/Archives/edgar/data/814926/000093980208000089/form8k021308ex99-1.htm
Well, looky here, too
91 Pieces Eletric Portable drill set STP. Brand New
http://cgi.ebay.com/91-Pieces-Eletric-Portable-drill-set-STP-Brand-New_W0QQitemZ140160483619QQihZ004QQcategoryZ50383QQrdZ1QQssPageNameZWD1VQQcmdZViewItem
You can still get the faux, low quality, original, ask for it by name, STP drill set.
Great exposure for the brand, um, not.
Regards
Don't ever loose your sensative nature, DD
You shall recieve all you are due.
Regards
Dead Calm
Floating on the Sea of Point Oh-Two, waiting for the trade winds to come up, to blow the good ship ChaDoobie into port, so she can offload her valuable cargo of book lights, air compressors, and pocket safes.
Order me up another boat drink! Oh, and I forgot! Bring me some AAs for my massage pillow...
Regards
The transaction code G means they were a gift
The D means disposed of, and the price attached is there for accounting (gifts need a value for tax purposes).
Regards
He 'G'ifted them, DD
And Holtz got options that exercise at .029, not shares.
Regards
Could you make out the STP tools sticker on the side?
Based on his practice lap times, and the leader's, he should be getting lapped tonight around lap 22 or 23, or about 10.5 minutes into the race tonight, barring caution flags. The best time to catch the car on TV is when he's going a lap down.
Watch for the sticker! Your Share Dollars at Work!
Regards
Open, High, Low, Mean, Median, Mode
= .02
Makes it easy on the statisticians! Now, watch, some wag will sell at .0195, or buy at .021 to mess up a perfectly flat day.
Regards
CHDO 0.019 x 0.020
According to Ameritrade.
Regards
If you find yourself missing the L2 page
that used to be on iHub, open this link in one of your browser's tabs:
http://www.otcbb.com/asp/quote_module.asp?&symbol=chdo
Regards
DD, when he left his director position
he ceased being an insider.
His shares became part of the float. Maybe he sold, maybe he bought, maybe he just held, but he has no obligation under Section 16 to report, my opinion.
Regards
So, is the contest back on, or off?
I'm so confused!
Regards
Financing, what's that?
"Real Soon Now!", Howard proclaimed dilutively.
Regards
The STP tools are not contractor grade
The warranty only covers home use. I don't see pros choosing STP over Bostich, Paslode, Hitachi, Senco, etc., unless it's a birthday gift for their spouse.
Regards
Did you buy one?
Can you confirm the price? 49.99 or 24.95?
Looks like there were at least half a dozen on the shelf...Yes? Any other STP tools there?
Regards
Can you get them on your computer?
If you can get that far, someone can talk you through getting the pic hosted and embedded in a post here.
Regards
In any event, DD
His SC 13D/A filed in January said he held 230M shares, this latest SC 13D/A says after gifting 4.6M shares, he now holds 231M.
Howard has never filed a Form 5; it's only necessary under certain circumstances. Form 5s are due 45 days after the close of the fiscal year, or, back in Feb.
I think I know where the missing shares came from. You have to go back to his Form 4s, and follow the missing 5.3M common shares. I think they just showed back up after a hiatus.
Don't spend too much time trying to make Howard's forms balance, DD. It'll just give you a headache.
Regards
Dunno, DD
Wasn't his 2007 compensation $100K? If he took shares for 2007 pay, where is the Form 4? Why wouldn't it be included in the SC 13D/A he just filed?
It just don't add up, that's all.
Regards
Qualifying Rained out
DJ Kennington, driver of the #81 Mahindra Tractor/NPPL Dodge starts in 33rd position, based on owner points.
http://www.jayski.com/nationwide/2008/next/07texas.htm#lineup
Regards
DJ 33rd in Practice in Texas
The Mahindra Tractor/NPPL Dodge should have no problem qualifying tonight (scheduled for 7:05PM).
33 *81 D.J. Kennington Mahindra Tractors/NPPL Dodge 30.626 176.321 37
Go DJ!
Regards
HowardMath™
You give away 1.3M shares, and your share count goes UP not down.
Priceless!
CHDO closed at .025 on 2/15/08
Making the shares Howard gave worth $25,000. MacDonald Motorsports likely got more shares than that, or they got some cash, or a mixture.
The Best Deal in Nascar was $15,000 before the Daytona Race, and $25,000 thereafter, from what was posted on macdonaldmotorsports.com.
Regards
Not sure how Howard's common share
holdings went up to 231M from 230M (the last SC13D/A he filed). Shouldn't giving away 1M shares make the count go down, not up?
Regards
#81 cost them 1M shares
at least that's what Howard ponied up for the sponsorship:
(5) paid on behalf of Issuer for NASDAQ sponsorship of race car #72 1,000,000 2/15/2008
(I think he meant Nascar, not NASDAQ).
http://www.sec.gov/Archives/edgar/data/814926/000093980208000159/schedule13da040108.htm
Regards
Did you know?
Meijer is a retail supercenter offering a full Grocery department plus over 40 other departments including Fashion, Automotive, Home Decor, Health and Beauty Care, Pharmacy, Electronics, Pets and more!
====
Got that from meijer.com. Guess someone will have to go in person to find out the details; their website doesn't list an automotive department.
Regards
DD, it's just a statement of ownership
of those options, with the vesting schedule. It doesn't say anything about exercising. He still holds all his options, and another 20% vest this month.
Regards
Doesn't mean they are CHDT patents
I've searched, and I find nothing from the usual suspects.
I have no doubt the tech is patent pending.
Regards
CHDT hires PR firm
No, not to promote the stock. To promote Tâke.
Welcome Tilson Communications:
http://www.takeanyware.com/press.htm
Regards
How many people at Clorox
are working on development, testing, marketing STP tools today?
I thought AODG and Prosource Corp. did the design/development and sourcing of the STP tools products.
When will Clorox begin advertising for CHDT?
Regards
Multiple Choice
A) They didn't hear Howard say $11M
B) They didn't believe Howard when he said $11M
C) Some mixture of A) and B)
D) Irrational Exuberance is soooo 1999.
I'm thinking C) or D).
Regards
Price to sales
Fully diluted, based on 760M shares, at .02 per share, CHDO is trading at ~5.4x sales (FY2007's 2.8M).
Trading at ~1.4x sales (FY2008 projected 11M).
Regards
p.s. I think the fully diluted share count is a bit low; I haven't dug through all the warrants/options in the 10KSB, but the figure should suit purposes for now.
DD, the Meijer's one is strange
Checking out their website, they don't appear to have an automotive section, or a tools section. I don't see how the larger STP tools selections fit in there.
Regards