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momoney, I have followed your posts and they usually lean towards the negative for BONU, after your conversation are you now leaning more positive?
qbal, yes I realize that but if they would actually carry through with things like endorsements and infomercials the price would be higher. They promise things and never deliver, that is why they are not attractive to investors. I get on AB$ because he has been saying for 6 months that things are ready to take off and no offence to him but as they say talk is cheap.
They must have shipped more to amazon, usually they only have from 4-6 available.Yes the RS has been brutal on us and no one knows why they even did it
Sky, if shareholders get wiped out eventually after a chapter 11 why would you possibly be buying, a quick flip or are you planning on holding them? I still don't understand what is going to happen to shareholders even if we get a chapter 11.
Wouldn't that be awesome!
So in essence those funds believe that BONU has something here? I guess a more detailed explanation would help me out to understand more of what kind of impact this will have.
wow 2 buys today for a grand total of $35...yup we are knocking on the door of .25-.50 LOL
Malt 66, how do you come up with these 3 funds? I just looked each one of them up and there is no way they would touch a penny stock. Can you explain your line of thinking, I mean it would be great if they were accumulating shares but I just don't believe it
LOL that's ok takes all kinds to keep a message board entertaining!!
Angel, just yesterday you were pumping this to the moon lol
Bullrun, that is what I dont understand. If the judge agrees to the chapter 11 and that still wipes out shareholders there is absolutely no point in holding even if Cerp takes off. Do our shares get cancelled immediately or do we still have the ability to trade after the 20th?
FLA, I was in cerp before split so I do have my post split shares I just haven't sold yet because I don't have much in this luckily. If it goes to chapter 11 will we still have our shares or are we done regardless if it is 7 or 11? Thanks again
FLA, If a chapter 11 or 7 both wipe out current shareholders why isn't everyone selling? I am new to this bankruptcy thing and I know I can count on you to give the facts.
.25-.50 that's a good one. We get less than 5 trades a day, no one is interested in BISU.
Rhodeyum, I share your view exactly, while some here scoff at the results I don't care about a PR as much as sales. If anyone takes the time to go through the 10K they would see the truth to this company's survival is completely on their sales, it is their lifeline. Basic budgeting is bringing in more than you spend and right now we are not even close to that but if sales continue to climb we will keep getting closer to a balanced budget. Pr's are great for flippers and that is fine but long term rise in PPS has to be based on revenue. I am cautiously optimistic at this point.
Considering we are on basically the lowest level of penny stocks since we are playing with trips I think 12X the revenue is awesome, it may be low but it least it is progress so complain about it or not at least sales are increasing
I dont understand your philosophy that you hate the company and constantly bash it but you will buy in at a certain level which means you at least think it will run..lol
I will be interested to hear on the Utica update but Ohio weather has been brutal this year so far and I do not know if that will have an effect or not on them getting established, might have to wait for another quarter for results.
Forget about expectations how about actual revenue, that will make the PPS take off for sure.
AJH, yup agree with everything you said again as I too believed in what FS was promising which taught me to NEVER believe anything a CEO on the pennies says but only trade based on the price and never on potential that the PR's hype up. Luckily I dont have much at stake here but no one likes to lose money regardless if its a lot or a little.
AJH, nice and honest post. If we would all take responsibility for our trades there would be a lot less bashing. True these are penny stocks and every board is full of to the moon and we have hit bottom LOL. Cerp has taught me a lot about my own trading strategy and people like FLA fan too me is not a basher he just posts the information in the filings but most do not want to hear the truth but would rather hear that we are going to a dollar. Like every disclaimer says do not invest ( it should say bet because we truly are betting, investing is for the big boards ) more than you can lose.
lowtotem, I also said trips may come again, I think our support is around .0007, especially with negative news.
Keep bringing the news Mr. Samblis, not everyone has bailed.
Ab, I can never tell the direction you are going by reading your posts, do you think we have a chance of hitting .05?
Update? Like the Jay Cutler endorsement, infomercial, etc...It will be a great day if you are right and I'm wrong!!!
Wow, with friends like that who needs enemies?
Renee, If you are out there I would love to hear your take on the 8K
Can anyone explain why the PPS has held so steady in the .06-.07 range? I mean if a bankruptcy of any kind wipes the shareholders out completely why doesn't this thing tank? There are thousands of OTC companies that fall to the trips and yet for all the bad news we remain here. I would have thought after the RS we would have hit a penny way before this. I do realize if we go to chapter 7 we are done I'm just surprised how we have held at this level for so long
Wow the RS has been brutal to us, a whopping total of $675 invested in BISU today. I wonder what genius thought the RS was going to help us, geesh!!!!
The imagine TV website actually looks pretty good!
Hae 12, I too spent a couple of hours doing my own DD and I think the PPS is where it is due to the lack of sales and if you read their filings, they know it also. If someone looks at their PR's they will easily see that they have shifted their focus to getting on board with some sales teams. Their product seems very solid if you take the time to research it and see what the results have been BUT like many penny stocks their sales are non existant. I am not saying the PPS wont go to the trips again ( I am not pumping this stock ) but we need sales here because if not we will continue to need money to fund the company and as they venture out to seek funds from lenders that can be a vicious cycle to get into. Bottom line is no sales and we still haven't hit bottom and PPS will continue to fall but where the company is concerned we seem to be in a pivotal year where just maybe with sales coming in this thing could really take off but then this could be said for most penny stocks that eventually still fail. Could Bio Neutral be an exception, lets hope so! These are my opinions of course so do your own DD
Trader, even better look at bisud today. I tried to follow the illogical bids and it looks like MM's are trying to keep it down to accumulate shares and put up a false wall, is that correct? If so does that mean it will eventually run or will they keep it down for awhile? I sure wish I could PM you this stuff but I don't have access.
Trader, thanks for the response, I have started following your board the last several weeks and am reading all I can on your links. When your chart shows 100, 200, 300, etc... bids will it actually list those just like that on the level 2? I am in cerpq at the moment and I was trying to look for those signals in there level 2 because it is all over the place with sales even at 3 and 9. Just trying to figure out this crazy game, I have only been in pennies for a little over a year and have ALOT to learn. thanks again for the time and effort you put into your board, hopefully I can take advantage of it!
trader 53.. Can you please explain this a little further? thank you
What is even more frustrating is watching someone get 99,000,000 at .0001 when common traders like us can't even get any .0002's!
Im guessing it was maybe to increase the PPS so it is more attractive to investors. If you have followed here very long you can see the majority of time there doesn't seem to be any dilution going on. Our PPS was holding pretty steady where if they were diluting it was have kept dropping to the trips. I was in another stock that also went through a RS with a similiar story to BISU and I made out pretty good when the stock started trading again, hopefully it will be the same here but as with all penny stocks you can never really know how things will turn out and ultimately everyone is just guessing.
wonder how high this will go on the pump, anyone have any ideas on this sort of thing?
So does that mean those of us that haven't got our new shares of cerpd and are stuck in cerpq will be able to trade again tomorrow? This is quite the circus lol
So if the chapter 7 doesn't go through where will we stand? Obviously if it goes through we are done, talk about holding on until the last minute
All, just copy and paste the link but start it at www and stop at 7676, if you copy and paste it like that into google it will come up or just read it below.
P&S #: 7346
DATE: FEBRUARY 7, 2014
TO: ALL PARTICIPANTS
ATTENTION: MANAGING PARTNER/OFFICER, OPERATIONS PARTNER/OFFICER,
COMPLIANCE OFFICER
FROM: GENERAL COUNSEL’S OFFICE
SUBJECT: APPROVAL OF RULE FILING (SR-NSCC-2013-13) – DISCONTINUE
NSCC’S STOCK BORROW PROGRAM
On January 31, 2014, the Securities and Exchange Commission (“SEC”) approved1
the rule filing file
no. SR-NSCC-2013-13 (“Filing”), which was filed with the SEC by National Securities Clearing
Corporation (“NSCC”) on December 10, 2013 pursuant to Section 19(b)(2) of the Securities Exchange
Act of 1934, as amended. The Filing proposed to amend NSCC’s Rules & Procedures to discontinue
its Stock Borrow Program.
The proposed rule change described in the Filing will be effective as of Friday, March 14, 2014.
The full text of the Filing may be obtained by visiting the DTCC website at www.dtcc.com.
Implementation of the proposed rule change will be announced by separate Important Notice.
Questions regarding the Filing may be addressed to your Relationship Manager.