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imo lack of news is the reason for the drifting lower . Yet this also presents a buying opportunity . The volume is not that steep on the sell side . With some decent news release ,feel that the pps should pass .40 . JMHO
Any one in touch with the plant to see how they & Mario are doing today ? Seems that it will take awhile for things to get back to normal & the hurricane season still has 2 months remaining . The state figures that it will take thru some time in Nov to clear up the mess from these 4 hurricanes . Look at the price of oil due to Ivan alone . It is going to cost us more to live .
2nd-mil you have a good idea .Place it into action . Ny time is involved with big numbers right now .
2nd -mil at this time it will be hard to generate a lot of outside investor interest ;because of lack of info . But ,imo when that info is released ,we could see a pps that passes the old high . Thus ,I am now siting back & waiting for Mario to release the bombs . GO MARIO !
Will be spending more time on my big board & Nasdq investments because I use options . This is a zany market & can get zanier .
Taki thanks for the info . Agree that with solid news we will see the pps fly .Waiting for the explosion . Go Mario !
Taki ,et al now I will sit back & wait . The players have enjoyed their game . If Mario wants to see the pps go up he will release a strong PR otherwise it will stay basically in these trading ranges until that PR or Strong Financials hit the business wire .
My Guns are cocked & ready .Go Mario !
Watch the volume --interesting .eom
Hey you got to like watching this stock . Just waiting for the financing to be arranged & we should be in a lot better shape .Thus ,I took advantage of this low pps by adding shares .
Taki great .Let me know when
Taki yes & closer to 2mm shs . Looking for a explosion "soon"
LET'S GET IT ON ! GO MARIO GO !!! I like the sound of a explosion .It makes my hair curl & stand on end ,lol.
zatoichi the waiting is like watching grass grow .The pps goes between .011 & .015 . Naked shorting might have something to do with it .However ,when we get good news the pps takes off on a run & the last time it just toped .04 .Now it is down over 67 % from where it was @.04 (using .013 as the pps ) .So we wait until there is another run & oh yes it will come . Chances are that a lot of current longs will sell then . The only way to hold this stock for long appreciation is if we can fair value the stock with financials of the last 3 qtrs .So far Mario has not provided us with that tool .Thus ,we sit in limbo & wait for what might happen in a press release .But ,they sure come far in between .JMHO
Since I will be in Florida in November /December ,I should be able to get a first hand read of what is happening & the company progress from the time the show contacts were made & contracts awarded .Until then there is nothing more to be said ,except what is happening in the trading arena .
Maybe by that time Mario would release financials .Possibly between now & then some other pps moving news will come about . This will be a interesting test of time .
For a person new to this stock & it's history ,you haven't gone thru the long waits inbetween .What I am saying is fact & the share holders are not geting support . ,If this is OK with you ,then that is your opinion .Mine & many other share holders have a different view of this subject .Also ,I have recouped my original investment ;however ,the shares I have I still expect appreciation ,especially from a company that says things are looking mighty good ;but somehow decline to confirm that mighty good statement with figures .Am I missing something here ,besides this is a high risk investment ?
What I can "ASSURE" this board is that with the silent treatment from SMNC/Mario ,the pps could see sub .01 levels again .Well is this cool with this board ?
waik I understand & I have taken that into consideration . My purpose was to highlight that if Mario wants this company to progress ,he will need better communications with the investing public .Now that may be 2005 ,2006 or later . Ultimately that is a necessity .I have already chosen my exit strategy & it is just a matter of time & the momentum gives me the opportunity .Could always buy back in ,even at higher pps ,providing the company matures & becomes fully reporting to the SEC .
There imo still remains opportunities to make profits here .
waik the 50 for 0ne reverse split with ccgi was no fun . I sold most of my shares before that happened .just saw the handwriting on the wall with Walter .
Yes this is high risk .Still there is need for conformity to normal communications ,imo
gemmerling Thanks for the info .eom
When will the company file this qtrs financials ? Want to see what they are doing about the debt .
waik thanks for the info & I registered . I won't pester Mario .However ,without guidance about the companies financial condition I can no longer buy any shares & also believe that is the case for many long share holders .When ,I can see proof that the company is gaining financial sterength & that the silence of communicating to shae holders is lifted ,I will then buy more shares . I have back my original investment . Those that flip shares will always flip shares . Imo people like Pauld , JunoPete & Newportboyd have taken advantage of the pps when it went up to .04 & don't have anywhere the positions that they once had .My reasoning is that they posted frequently early on & now are rather scarce on the boards . FWIW I have been in this game of investing for 40 + years & I watch what is happening with investors more than what is happening with the company ,at this stage in the game .Thus ,my conclusions of those 3 players .
Like you I will simply hold & hopeimg that the company will be more forth coming & eventually get off the pinks .Take care & enjoy the weeks ,months & years that are remaining .
I have a general question .
Can any body explain why Mario seems to communicate directly with a few share holders vs the entire share holder population ? Additionally , he could authorize a person to represent him to the share holders & before information was released he could give it his blessing . Thus ,it seems to me that by Mario communicating with specific share holders & being as busy as posters say he is ,then he could readily get that monkey off his back by giving authority to one of his best people .Just a thought & would appreciate all replies .
2nd Mil absolutely .There is no reason for us to bail .Yes .02 cent stock ,lol depends on how large the boat load . 1mm shares now worth 14k ,2mm shares now worth 28k .On RB supposedly JunoPete owns 6mm shares @.014 =$84000 .Yes he bought in at very much sub penny & I sincerely doubt he held all 6mm when the stock rebounded to the .04 level .That ,imo wouldn't be a smart play in reality .
I own a boat load but not 6mm shares . Still it is a lot of money to run on a penny pink .In my case I never buy into any investment more than I wish to totally loose .Thus ,looking toward better times in the future for myself & all other longs .
What's UP NO Trades as of 11:o4 AM EST ?
zatochi I agree with your approach & hope it works well . From the other side of the coin perception becomes reality . There is little a investor can do at this point except do what he or she thinks is right with their shares . Trading is a distinct possibility . However, to continue to buy on blind faith soon separates one from their money . The MMs supposedly saw the financials which were promised to the share holders .Then why doesn't Mario release them to the SHs as he promised he would ? Seems like a legitimate question ,imo
2ndMil you made a assumption in that I regularly contact Mario .Frankly ,that is not correct . In many nonths I have sent him 2 e-mails asking about the financials which he promised would be released (first 2 qtrs ) . Mario actually stated that those figures would be forth coming on his web site ,for all share holders to read .Thus ,when the figures were not released ,I simply e-mailed him to tell us why . His response was less than cordial . Now ,I would have expected some other type of reply vs a abrupt dismissal . This is the "Tone" I am reading from the CEO of a company where I invested & partly because of his telephone calls to me . We actually had a decent rapore long prior to the busy time with the chains . FWIW I have been with this company from the begining & the former company under Walter Davis .
My question to you is shouldn't a CEO keep his word (credibility) to his share holders ?
No ,I am not selling my shares& I own a ton , until I decide there is a sufficient profit motive .
Taki I get the feeling that Mario has hardened from the early days .His tone with you is exactly the way he answered my e-mails .It is this tone which he expresses himself with that seriously concerns me(his replies to me were long prior to hurricanes ,ie ) We will all see what he does or doesn't do to protect share holder values . If he takes moves to screw share holders (hope that he doesn't) then he will be held accountable in court .
2nd mil if what Taki reports has validity ,then Mario is presenting himself to the share holders in a negative light . Reason why I say this is because Mario spent countless hours on the phone to convince us that he needed us on his side during the BK proceedings .I know this personally because he phoned me & I never spoke with him prior to his phone call to me .
For Mario to say he doesn't care about the share price is not a terrific comment .It makes no difference why he said it .What is important is that he said it,according to Taki . This tells share holders his thinking . Also ,if there is any hanky panky on Mario's part he then opens himself to a lot of share holder grief ,in accordance with Federal Laws . I just hope that, one this is not true or two that Mario replies to the allegation .Should he stay silent then it's as bad as admitting guilt . AIMHO
Taki assuming that Mario will give the share holders a fair shake ,then at some point he will care what the pps is .If he wants to take the company private he will have to pay handsomely for the outstanding shares or face a ugly lawsuit ;which he would loose . So ,I am not concerned with what he does in regards to the pps at this time .What I am concerned with is the future . JMHO
Guys the thing that's going to move this stock is the right news releases . We need to see profitable balance sheets for a starter . When this happens & news of additional contracts, the pps will take care of it self . nuff said .
Kevin Is there really any hope left ? eom
The only problem which is more probable is the shiping in & out of the whse because of weather problems impacting roads & rail .Should Ivan's winds & surf conditions become a factor (hope not ) in the Tampa/Clearwater area ,then there is little doubt we see major delays .However ,with out direct information to ALL share holders from Mario ,we won't know the exact impact on business .JMHO
Personally ,I don't like the silent treatment from Mario about what is happening . We can only guess at things & that would not hold much ,until there are PRs & figures .All imo
Imo this is a investment of major patience . The naked shorting is hurting presently ;however ,I do anticipate major news & when that occurrs we will run thru the .04 . JMHO
zatochi I totally agree with your post & I also agree that we need serious PRs . Otherwise we could be back to sub .01 levels & that will not be kool . It is the nature of these stocks ,when there is nothing concrete supporting the pps .JMHO
zatoichi the naked shorting is serious .Mario needs to put some strong PRs out so the shorts get crushed .JMHO
zatoichi the naked shorting is serious .Mario needs to put some strong PRs out so the shorts get crushed .JMHO
Yes ,Mario needs to stop the bleeding & get the PR machine working . Figures would be a great start .
Todays low volume indicates little .We do need news to excite investors . Imo ,as long as the volume is this low ,we drift . The reports from the show are extremely encouraging . Seems that orders are eminent & those orders sent in PRs should get the volumes up .JMHO
2nd Mil .Defintely not ,to answer your post about the bashers on RB . I agree about the finding of the this company . The risk reward is well in the favor of the investors here .JMHO
Taki thanks for the detailed updates on Ivan . This is sad that the State has been so heavily hit & now a potential lethal threat to Florida & or the South Eastern Gulf States holding much of our Natural Gas & Oil Refineries .
Have you heard if there was any water,wind damage at the smnc wharehouse ? what would seem pprobable is that there will be shiping delays due to cloged highways & streets ,until they can restore power .
Taki how are you doing with the hurricane ? It is sad that Florida has been hit so hard .We pray that Ivan take a course into the North Atlantic & die in colder waters .
I put oshemae on ignore on RB . Additionally ,I placed all the bashers on ignore . Experience has taught me that it is a waste of my time & energy responding to their drivel .Also ,they get paid for replies to their posts .
My main concern is that smnc pps get moving .Mario is the person who can get us there & maybe he will release the figures as the 3rd qtr ends . We certainly could use a boost .Thus ,the figures & a new customer from the 66 companies would help a lot .JMHO