says, "Companies that trade on the OTCBB will require Cash/Cheque. "
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The appetizers are bland
with no substance, and provide no sustenance. At $1000 a pop, CHDO probably should have skipped to the soup course.
Regards
The F/S A/S time line
On May 23rd, they PRed a 10-1 forward split, for holders of record June 1st, payable on or about June 11
On June 7th, they scaled back the forward split to 5-1.
On June 13th, they filed with Florida's secretary of state an amendment to increase A/S from 100M to 1B.
On June 14th, they PRed the forward split idea was abandoned.
The timing is just a bit bothersome
The amendment you reference was filed with the secretary of state on June 13th at 10:26AM.
On June 14th at 8:46AM, they PRed that they decided to cancel the forward split.
Less than 24 hours?
Regards
If you talk to Les again
could you ask him how the O/S increased from 50.5 million to 87.8 million, and how the float went from 10.5 million to 19.5 million (if indeed, it did)?
Regards
If pinksheets is wrong
about the A/S being a billion shares, and the float being 19.5 million shares, Les should contact them TOMORROW and get the numbers fixed.
In any event, the discrepancy should be resolved.
Regards
The share structure you put in the IBOX
doesn't agree with what pinksheets has. Which is right?
Is the A/S 100,000,000 or 1,000,000,000 shares?
Is the float 10.5 million or 19.5 million?
Regards
What's funny is
these STP drills have been for sale from multiple outlets for about 7 months, and NOW they take action to get them pulled?
Someone somewhere has some splainin to do, obviously.
Regards
Acortech was selling the STP drill back in February
for $49, free shipping:
http://dealnews.com/deals/STP-Power-Plus-Drill-91-Piece-Tool-Set-for-49-shipped/156269.html
I wonder if this was a different company's attempt to get the STP tool business.
Pinksheets has somewhat different numbers from the IBOX
*
Estimated Market Cap
2,635,740 as of Sep 10, 2007
*
Outstanding Shares
87,858,000 as of Sep 6, 2007
*
Authorized Shares
1,000,000,000 as of Jun 13, 2007
*
Number of Share Holders of Record
34 as of Sep 6, 2007
*
Float
19,478,000 as of Sep 6, 2007
Regards
Techsunny.com was selling the drill too
Here's a reverse angle shot (it shows the bit holder), with an interesting date on the picture, 2/13/2007
http://www.techsunny.com/images/3222101_h/huge.jpg
If we can believe the date is accurate, this has been brewing for some time. Note the printed manual too.
If I recall correctly, the deadline to sign up for that trade show was in February too, long before the STP/Capstone deal was announced.
Since I've only seen these tools on liquidation sites, I'm going to guess it was a product that got thumbs down from STP (they do have final say on what gets sold with their label) and the inventory was sold to liquidators. They were probably supposed to remove the STP label, or someone forgot to tell them that.
Regards
It's the same drill
You can't see the bit holder on the STP tool because of the camera angle.
I've seen references to the Hyundai tool on various close-out bargain sites. I think Hyundai probably blew them out to the liquidators. How an STP logo got on one, and someone is selling it, I don't know. Maybe someone got samples and decided to monetize them.
I'm sure that's probably a no-no.
Regards
Got a Builder's Square near you?
http://builderssquare.com/xp_7104381-Hyundai_91_pc_Tool_Set_with_18V_Drill_HYUNDAI_HHI_91TPP_7.aspx
Anyone want to volunteer and mystery shop what might be one of the STP tools? I'd be interested to hear what you think, especially if you own another brand cordless drill.
Regards
Naw, scratch that
I can't find any indication that Teac makes anything like a cordless drill. Must be a typo on avantecom's site.
The real question, is how did avantecom get their hands on STP branded Hyundai tools?
I think it's a Teac product
Here it's being sold as a Hyundai branded driver/drill set, with the mention that Teac is the manufacturer:
http://avantecom.com/index.php?page=shop.product_details&flypage=shop.flypage&product_id=175...
avantecom is the same outfit that is putting on the ebay auction.
Regards
Oh, and floor mats too
Now go and check on that trade show location they have, check out who is around them, what they sell.
Good luck, DD!
Regards
I like to see people doing DD, DD
:) One of his patents relates to seat covers. Research the recent executive hires, and who Stewart used to work for, and what they made, and who ended up buying that company.
STP branded seat covers? Mebbee :)
Regards
Wasn't Capstone already selling through
B&N and Target, among others? Doesn't that cover all 50 states already?
The new news is the 2600 stores (can they reveal the retailers already, please?) and the year round shelf space commitments (anyone know how long these commitments are good for?).
Other things that would be good to see: The expanded book light/novelty light product line. The Comfort Products. The STP products.
If DD is right, and they are headed towards $50M in sales next year (or more!), I think it's time Howard got around to talking about what everyone will be buying from Capstone/CHDT corp, supposedly shipping to stores and sampling to reps THIS MONTH!
The Press Releases that reiterate already announced information (the 8 new marketing/sales rep firms) are uninspiring.
Regards
Ummm, it's not distribution
These are manufacturer sales rep organizations. Distribution is a whole nuther story.
Regards
Just my opinion
but I think you're an impersonator. In any event, two relevant Terms of Service:
# By accepting the User Agreement, you agree to provide accurate registration information in the iHub Registration Page. Failure to maintain an accurate email address may result in your immediate removal from the site. Please keep this updated via your Profile.
# By accepting the User Agreement, you warrant that you have no other registration(s) with iHub. You also agree to maintain only one active registration with iHub. Failure to follow the User Agreement will result in your immediate termination from iHub. If you forget your user name or password, please contact: support@investorshub.com
You should contact them and clear up this 'forgotten' password problem.
Regards
50 to 100 million?
Now you're talking generator + tile sales kinda numbers.
Didn't they PR 2600 retail locations?
Regards
3 more to go!
And then all the PRs about actual placements by each rep firm.
It boggles the mind. We'll have PRs a plenty to discuss.
Anyone notice the reference www.chdt.us in the PR? Doh!
Also, when did Rich S. start taking email at prmgt.com, and who exactly is prmgt.com?
Regards
4 have been announced, with 4 to go
Capstone Industries and Hawk West Marketing Cooperative Promotion
Capstone Industries Begins Working With Evergreen Sales Group
Capstone Industries Begins Working With Asquith Corporation
Capstone Industries Begins Working With Marketing Solutions Group
Yawn.
Show me the stores, and show me the new products. Meanwhile back in CHDO city, the stock is 50% off its post PR spike, and 25% over its recent low mark.
Regards
A picture of Randy Roy
is on this page:
http://www.msg-llc.com/Contact%20Us.html
"...there were a number of factors why we decided to represent Capstone Industries. But the number one reason was the diversity of products. With all of the consolidation over the years, Marketing Solutions Group has diversified the type of products and customers we sell. We believe that between the STP licensing and non-automotive products, Capstone and MSG make a great team," said Randy Roy, a principal of MSG.
If it's true they are shipping in the 3rd quarter
that's now or in the next 3 weeks. Unmask the retailers, Howard.
Unmasked the expanded Capstone line, Howard. What could be the point of holding back that information now?
Regards
$5M at 40% GM would be about break even
given operational expenses of about $2M per year.
$5M would be quite a revenue increase. I'm a little concerned they haven't told us the two retailers. What if it turns out to be Barnes & Noble and Target? They already sell through those, and others.
Still, there should be a revenue increase on the book lights, given the 60 or so independent sales reps and the set-aside year round shelf space.
I don't think they can hold 40% GM, with this model though...those marketing reps will want a good cut.
It'll be 6 months before we find out about the revenue increase and the GM impact, unless Howard decides to make some specific forecasts.
Regards
DD, don't count your inverters
before they are hatched. CHDO has a poor execution record. Yeah, maybe that will change. Until it does, it's pop on substantial news, and quick sell off to prior levels shortly thereafter when the Evil MMs/Bart Fisher notice the volume.
A dime a share puts the market cap of this company over $65M. What kind of revenue and profits are you forecasting for next year?
Regards
DD, let me state
up front that I don't buy much of the Evil MM story. Sure, they are there to make money, but not by stealing anyone's shares of a penny stock company. They make money off the spread. Judging from the meager short position in CHDO, I would guess that no MM carries much of an inventory of CHDO, either short or long.
I just don't buy it. And yes, when that MM "Joins you", that probably is your trade working its way through the system. Just my guess.
Where does VFIN get their shares when they sell heavy? Who does Bart end up selling through? Maybe a connection there.
Dunno. I just have never seen a reasonable explanation how and why a MM would manipulate a stock like CHDO.
I think they just collect their spread mostly and are happy.
Regards
Wacky action
Dunno. Maybe a knee jerk reaction to yet another China product recall? (Mattel again) I don't see any CHDT filings or news to account for the negative volume this morning.
Maybe Bart is in the market again.
CHDT made a necessary move removing China from their name.
Regards
I searched for patent applications
Didn't find any, but didn't look that extensively. Maybe someone else will turn up something.
If it is just another lighter socket inverter, no patents needed, and you are likely to be able to go to Walmart today and buy the exact unit already, albeit without STP/Capstone branding.
Regards
Here's one rated at 400W Max continuous
http://www.perfecttailgate.com/inverter.html
I have a feeling 400W is pushing it though...that's over 30Amps of 12V power. I'd want some big wires direct to the battery.
Regards
Most job site lighting products would draw too much current
I have a 500W and a 1000W halogen work light. Those won't be running off an inverter. Likewise, power tools. Too much current draw.
Think appliances under 200W, TVs, boomboxes, and the like.
Regards
Think outside the cab, Salve
Didn't they say these products would be unique? Yet another cigarette lighter socket power inverter is a yawner for me. There are about a dozen at Walmart already.
I am a great believer in Occam by the way.
Regards
Different applications, DD
Most of these inverters are of the less than 200W variety. Most generators are of the 1000W and up variety.
Geared towards two different uses.
Regards
One possibility
Is an inverter that plugs into and makes use of the power in the electrical brake system on pickup trucks that are set up to pull trailers (of the electrical brake kind). (That's quite a sentence).
That's my literal engineering take on "Tailgate Power". It would be a unique product. The cigarette socket power inverters are so "Me too".
Regards
A power inverter
Walmart has a selection if you're interested in what they look like, as does Target, etc. Takes 12V DC power as input and outputs 115V AC power.
If we take Tailgate as significant, it may be a power inverter geared towards pickup trucks.
Regards
First STP product
Power inverter for autos/trucks. Here's the trademark application:
http://tarr.uspto.gov/servlet/tarr?regser=serial&entry=77257740
Class Status: Active
(Based on Intent to Use) Inverters
Regards
One thing is clear
When Howard said they had abandoned the 'Simply Comfort' trademark for 'Sound Body', he misspoke.
Or he had a change of heart.
Now that Simply Comfort has been published for opposition, what will he do if simplycomfortrv.com objects and is successful?
Stay tuned for more updates (and 5 more PRs about new rep firms).
Regards
The fully subscribed PP and Howard's loan conversion
fit into the A/S.
With Howard' conversion and the $105,000 worth of shares sold at .017, I make the O/S 573,214,286 shares.
The other $395,000 worth would be 23,235,294 shares, giving a total of 596,449,580 shares.
Note the warrants do not change the O/S until exercised. Of course, when/if they do exercise, CHDT will need more authorized shares.
Regards
Why would they not be a part of the O/S when sold?
Are not Stewart Wallach's shares restricted? Are his not a part of the O/S?
Sell a share under the PP, it gets issued with a restrictive legend AND is a part of the O/S <-- my understanding.
Regards
They become part of the O/S when sold
They get issued with a restrictive legend. When CHDT files their next SB-2, they'll be registered and then a part of the float.
The warrants can be exercised at any time between 4/30/07 and 4/30/12. Those shares will also be restricted, part of the O/S when issued, and part of the float when the next SB-2 gets filed.
That's how I read it.
Regards