Thanks Bob, I will hold, I am riding free on my shares left.

sam

JUSTWATCHING OT:

Due to CGHI story and trading for pinks and over-the-counter,
I would be interesting in your educated guess as to percentage of fraud in this below nasdaq world.

sam

Bobwins/brvo:

I know you were down on this because of profit margins. Coca-cola is taking an interest. They must figure there is money in it. I am sure revenue will surge.

Any thoughts?

sam

Thanks for the response watchdog.

You might be right, but I know not all investors are completely careless. I think there are investors here who have made a sincere effort to understand this company.

I am somewhat lazy, fairly heavily diversified, and judge mainly in a situation like this by instinct.

It is a close call.

sam

Watchdog,

How do you know about this $2 million dollar loss? People losing money don't like to openly air that I would think. You could know it, if this is your area of expertise Arizona business. Specify how many investors that you know and how much they told you they lost each or what you know secondhand in specifics without names if you wish to protect.

Also, if your guess about Jalapeno Buck is right, why would he not to better make his case describe his loss of money?

Also what do you and Jalapeno have to say about those on the board who have personally visited lots and said they liked what they saw?

It is bullshit if anybody claims that all such experiences reported are lies by insiders. It is false to claim the board is riddled with insiders in my opinion. It is possible some posters are, sure but not all.

I will agree that this is not a proven company.

sam

SYMD:

Possible zip code changer.

Used to be life medical sciences. Over past plus 10 years has failed in all previous ventures to successfully make money with their medical products.

For last few years on otc. Completely under radar.

Look what is up now. Company is far into final trial for product used for dealing with preventing adhesions in surgery.

This trial is for heart surgery on infants, but there are other applications to follow. It has passed final safety review. No competition for product. Slow moving message board under chai ragingbull - only life medical symbol.

Approval for use I believe will take place in 2006 for Europe and United States. At 35 cents a share and including all warrants etc. maybe 70 million shares.

sam

Whai:

Read explanation on raginbull for price fall.

sam

How to value this company,

My argument is it is earnings from auto first and foremost. If they get anywhere near 30 cents this year, then people can focus on future pe off of that, looking at how unique or not, how much they can grow or not.

Worst case, if they report legitimate year end 30 cents, should be $2.50 - $3.00 stock, actually more because probably would need over 20 cents for 2nd half of year.

I always thought when this stock dipped below a $1.00 there was a lot of room for underperformance. There is not a lot of room for underperformance at current price.

sam

Watchdog,

Explain then all the announcements on their product, new business left and right. For you to be right, just about all their publicity would have to be lies would it not?

I think everybody is way off base anyway. As far as I can see the real money this year is strictly auto and good auto business is the only justification yet for a high share price.

Until about 1/3 of supposed earnings is reached without auto, other words 10 cents then it is significant and real by the way.

sam

Lightline,

You high estimates for end of year are a real possibility in my opinion but I also think it is equally possible that the 3rd and 4th quarters are mediocre in nature.

If mediocre, I don't know what.

I think the 30 cents for year depends on the car business getting better, not a sure thing.

sam

Cleverrox,

If from only A to B not bad. Otherwise I think you hammered too much on minor wording.

sam

Watchdog,

I think you have a valid point.

I grabbed onto the long ago 30+ cent estimate, but to be honest how could they possibly know what it could be with so much happening this year from that point of time?

Even if they are totally honest in their belief, in retrospect I would be inclined to not give an estimate beyond expected profitability if in their shoes for then.

Of course at this point of year, it is valid to estimate.

I think we could easily see less than 30 cents profit this year.

Bottom-line it appears like funny business the estimates.

The company though is real, nobody doubts that. I believe they are working hard and if they do manage to profit for the year which no one has reason to believe they can't then maybe the risk/reward is not unreasonable.

sam

Jalapeno,

I don't know why NWAU got into my blood, except to say that anytime a company is selling at a steep discount to their prs I take an interest until and if I see something that smells like fraud.

So far NWAU looks a lot better than VLXC does by contrast. I think a lot of people who have compared the two would say the same thing.

This does not prove NWAU is clean, but today's price action makes it look like a good bet.

sam

Well Jalapeno,

I would suggest today's action indicated a lot of new money likes the situation at least temporarily.

sam

Jalapeno,

What is the scoop on the ban?

sam

Any thoughts on TDYH:

Recent news all good. Down big on light volume. Small float.
See ihub message board for dd.

sam

Last I saw there was 20880 shares traded and if the float is 2 million shares, I don't know how to see where the significance is.

At these prices, that is about $40,000 or so changing hands while market cap is still $40 million range.

Hope I am right.

sam

JMIH:

I agree about limited impact of gas prices. Massive unemployment would be the killer.

sam

He said he changed to below $1 in today's post.

One way anyway to look it at it at this time, I think this was a lot more of a screaming buy when it dipped below $1 in the recent past.

I don't think fats expects to influence the price much if any. Perhaps his greatest motivation is simply to express his freedom of opinion and feels more compelled the more he is bashed upon.

sam

JMIH:

I don't think fuel prices have changed much in last 12 months or so, only slightly higher about 15% at most. They were at all time high at that time.

Only makes sense to me if fuel prices go up another 10-15% from here. Saw plenty of boat activity on local lake this holiday weekend.

sam

I thinks Fats is honest and just wants to state his opinion. I too see warning signs lately. I sold some and have kept over 50%.

I agree not all bashers should be trusted.

The fair thing to say about 30 cents earnings, is that it is an optimistic prediction not based on even current unaudited results. Other words 1st qtr, I think was only 3 cents. 2nd quarter will not be as good as what management expects for 3rd and 4th quarter.

Merger news might be good, but deserves to be viewed as neutral at best at this time and maybe negative. I consider last minute news about something that takes possibly 3 months to conclude as negative.

If all goes well on the other hand, $6 to $10 may be the price we reach.

If this company only earns 20 cents for year, price target maybe $3 but increases odds of going down before it goes up and maybe slow pace to Nasdaq.

sam

They have taken a disastrous and expensive event for the company and turned it into positive. If anyone knows the name of this PR firm please post it as I would like to contact them.

I know this issue has been discussed. His whole argument starts with this.

To recap, is what nwau is doing at this time seem like the best course of action based on others' experience and knowledge?

The market seemed quite positive over the news if I remember the news and subsequent trading accurately. For his premise to be accurate, the market reaction would have to been incorrect.

sam

GFCI FIND:

I do apologize for using this VPHM forum as a means to answer a non-VPHM question, but I just couldn't resist being compelled to do so at this time. (BTW, I'm long on VPHM, IAC.)

Anyhow, ever since I first heard about GFCI (I forget who it was that mentioned it here), I've been reading every bit of related news I could find, all while taking time to talk to a close relative in the industry. I happen to have a cousin who works at Cudd Pressure Controls, a Grifco-listed client - he is an optimization engineer in their Coiled Tubing unit (that is, he works very diligently, trying to maximize the life span of the steel tubes used in the coiled tubing industry).

At any rate, my cousin has been doing some in-depth legwork for both of us, trying to feel out some of his industry contacts about the company. However, not many industry people in South Texas know all that much about it, except for this one bit of interesting information: Rumor has it that this company will soon open a field yard in the Corpus Christi area that will competitively serve the South Texas region. But however below the radar this company may be, for the moment, there are good reasons for its seemingly low profile.

First, it's rather new to the coiled tubing industry (having only just emerged on the scene this past April at the Woodlands trade show north of Houston with what the industry expects is the one thing that will shoot this company's value to the moon (the Jet Motor), once everyone hears about them). Second, things at this company are only just getting started, having just acquired the Global Oil Tools and Coiled Tubing Technology companies, combining best-in-class industrial tools and equipment, and taking full advantage of the emerging synergies between the two companies.

My cousin and I are fully convinced that we have discovered a jewel of a company that has been through some pretty rough times in the very recent past (having gone through a 1:20 reverse split only 7 months ago, in Nov'04), but times for this little jewel are about to change for the better.

Now, why is that? First, the muscle behind this "new" company physique has only just now come on board. Second, the entire industry is only beginning to discover the April debut of the one-of-a-kind "Jet Motor" (the golden egg, similar to VPHM's Vancocin). And having already manufactured 50 of these profitable little babies for shipment, which will rent for a whopping $2 million per month at 75% utilization (that's $2.7 million per month at 100% utilization!), the money bags will start to roll in by the droves.

And as if all of this positive news was not enough, Grifco is entering into new ventures in Coiled Tubing with Canada and the Northern U.S. regions, which is the indisputed hotbed of the Coiled Tubing industry (if there were ever any part of this market that views tools and equipment with a critical eye, it is this one). And to top that off even more, Grifco has also entered into recent talks with China and Venezuela (and next, the world). I will not be surprised when this stock shoots on up to the stratospheric heights.

BTW, this was my first post ever to any board.

aka Been_Burned_Before

GFCI FIND:

I do apologize for using this VPHM forum as a means to answer a non-VPHM question, but I just couldn't resist being compelled to do so at this time. (BTW, I'm long on VPHM, IAC.)

Anyhow, ever since I first heard about GFCI (I forget who it was that mentioned it here), I've been reading every bit of related news I could find, all while taking time to talk to a close relative in the industry. I happen to have a cousin who works at Cudd Pressure Controls, a Grifco-listed client - he is an optimization engineer in their Coiled Tubing unit (that is, he works very diligently, trying to maximize the life span of the steel tubes used in the coiled tubing industry).

At any rate, my cousin has been doing some in-depth legwork for both of us, trying to feel out some of his industry contacts about the company. However, not many industry people in South Texas know all that much about it, except for this one bit of interesting information: Rumor has it that this company will soon open a field yard in the Corpus Christi area that will competitively serve the South Texas region. But however below the radar this company may be, for the moment, there are good reasons for its seemingly low profile.

First, it's rather new to the coiled tubing industry (having only just emerged on the scene this past April at the Woodlands trade show north of Houston with what the industry expects is the one thing that will shoot this company's value to the moon (the Jet Motor), once everyone hears about them). Second, things at this company are only just getting started, having just acquired the Global Oil Tools and Coiled Tubing Technology companies, combining best-in-class industrial tools and equipment, and taking full advantage of the emerging synergies between the two companies.

My cousin and I are fully convinced that we have discovered a jewel of a company that has been through some pretty rough times in the very recent past (having gone through a 1:20 reverse split only 7 months ago, in Nov'04), but times for this little jewel are about to change for the better.

Now, why is that? First, the muscle behind this "new" company physique has only just now come on board. Second, the entire industry is only beginning to discover the April debut of the one-of-a-kind "Jet Motor" (the golden egg, similar to VPHM's Vancocin). And having already manufactured 50 of these profitable little babies for shipment, which will rent for a whopping $2 million per month at 75% utilization (that's $2.7 million per month at 100% utilization!), the money bags will start to roll in by the droves.

And as if all of this positive news was not enough, Grifco is entering into new ventures in Coiled Tubing with Canada and the Northern U.S. regions, which is the indisputed hotbed of the Coiled Tubing industry (if there were ever any part of this market that views tools and equipment with a critical eye, it is this one). And to top that off even more, Grifco has also entered into recent talks with China and Venezuela (and next, the world). I will not be surprised when this stock shoots on up to the stratospheric heights.

BTW, this was my first post ever to any board.

aka Been_Burned_Before

I predict in order to reach 30 cents for fiscal year the big auction on July 30 must be quite successful. Until 2nd quarter numbers are reported, we don't know the size of hurdle.

sam

Claritymi,

We have been working very hard in June to bring in experienced sales staff, increase our auto inventory, and make some changes that will make NowAuto more efficient and profitable for the second half of the year," said Scott Miller, CEO.

Also no mention of 2nd qtr forecast.

I think more efficient and profitable is referring to auto side.

This can be interpreted as 6-7 for 2nd quarter. 10 cents or more for future quarters or it can be interpreted as a bad 2nd quarter and hope like hell better in later quarters.

sam

jrobjn,

I think to make up in the 2nd half is still mainly got to be from car business.

Does anybody see significant profit this year outside of auto? If so I would like to see review of calculations again.

How much profit per unit essentially?

And if they do hope to get from car business, it does not look solid in press release imo.

sam

"I don't see how this can be construed as negative, especially as the PR specifically mentions that guidance is "based on its improved outlook for the second half of 2005 for its existing businesses.."

Argyll, Certainly can be construed as negative. Earlier in year 6-7 cents predicted for 2nd quarter if my memory is correct.

That prediction has disappeared in current press releases I believe.

sam

Good chance I am accurate. Could be short-term negative, long-term positve.

The 2nd part though of long-term good may be true, but could be more iffy.

33 cents profit for 16 million shares is over $5 million dollars.

I don't have any handle on how to interpret profit on the non-auto.

I am assuming 1200 units monthly in sales may be the going rate soon.

I have no clue what profit per unit should be. Is the equivalent of $300 sound in the right ball park including all profit for?

1200 by $300 = $360,000

sam

I think I may have spotted a negative: Comments ...

The press release hints like the 2nd quarter may not be very profitable or may not be profitable at all.

Miller has been guaranteeing 30 to more than 30 cents for a long time.

He may be desperately trying to meet that goal, but it may be shaky.

That is a possible hint from the wording in my opinion.

sam

PYNGF: no luck 2 days running on getting at .36

gfci news today makes me think that dilution will be kept in check

sam

Cleverox GFCI,

I was thinking for sometime also $1.00/shr earnings which if true means more than 30 fold from here.

The question I have though is how much is the share count going up for acquisitions. Hopefully less than double, but does not matter at this price.

sam

Bucfan OT,

What can you expect? UT is after all a baseball school.

sam

Phil,

2 questions?

Do you see this as more likely to pan out than most pinks?

By the time it is certifiably an investment to you if if if etc., would you feel disappointment if your buy is at $3?

sam

Phil,

You know I was not hinting at any lie. I don't know who by or when the last share count was obtained from the transfer agent.

My guess is though people have checked with the agent. That is somewhat commonly done for pinks. Also transfer agents are not necessarily in all cases on the ball. Whoever answers the phone may or may not give the count.

It is all about trust. More "blind trust" is needed for this company than for a well-known company with a long history, but you can be misled by any company at any time.

That is one of the reasons for diversification and carefully watching.

It is my hope when and if any company lies, that some justice would be administered but I know that is iffy.

It is not objective to give an exact value for this company. Zero is not valid either, unless the future reveals it.

Time will tell.

sam

If transfer agent gives a count, you do know.

sam

Generic Scams, opinions solicited:

Argyll has I think a very important point about pinks. Share count stability is a good sign. If the share count is rapidly going up, it is typically a scam I think.

Does anybody believe scams are common on stable share count companies?

WCOM and Enron probably had stable share counts, but big companies are a different beast.

How often do tiny market cap companies have some kind of scam underway when share count is stable?

sam

Bears,

Give bulls a convincing reason as to why this company deserves no trust and we will owe you. We already know it has not filed results acceptable as proof.

Just give a reason to convince us. You can say used car business is not profitable, but of course it is, just depends on the company.

sam

Bobwins,

They sound legit, but they have a problem maybe not that bad though. They have not received payments and might have to raise capital for new projects until payments are received what are at agreed set points in time.

sam