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Hey CT7M,
How've you been? I've left italy and have been in Korea for 2 weeks now. It's just slightly different thatn Italy :o)
I think both you and Orange have valuable input and both of you have given me different insights that I wouldn't have had on my own since I am a rookie investor. My problem is that I don't know much of anything and I can't argue any point very well so I'm content to listen to what people have to say.
Your guy's bickering is pointless and you two should try to work together instead of arguing.
If he had called Hilal a liar to his face, that would have put an end to any more visits in the future. As any gangster knows, "you keep your friends close, but your enemies closer". If Orange can get in there to get any information out of him, that benefits all of us. Insulting him wont get us anywhere.
I hope this supposed PR will be as big as everyone is saying.
Good luck,
Il Padrino
rob,
If QBID is sold, about how much would/could we get paid per share?
Or if they're running 24/7, they will have 3 8hr shifts with the night shift having less people.
Sure there is. They can do a buyback and/or a R/S. Currently, $10M can buyback all of the shares. I doubt that they will put even half that into a buyback so I'm expecting a R/S sometime in the future. Most of the time that hurts a company and it will hurt Q initially. However, I don't see any other options.
We can have all the PR's in the world, the best news, a billion dollar company and a great CEO. All that would mean SQUAT with the current amt of shares in the float.
If I had any idea Frank would issue all of those shares, I would have at least waited until now to start buying. But he was very misleading in his PR's and I was prompted to buy. Luckily I'm averaged at .0007, but even that seems a long way from where we are now.
Hey guys,
Can't we all just get along?
Hey, where did you get to try the cigs? I've been waiting to try one even though I'm not a smoker.
Anyway, it will be some time before we see any solid gains. Any growth in the PPS this year (if any) will be on hype. It will take some time before Wellstone becomes profitable. Remember, it has been a R&D company for years now. It will have to pay off debts since it wasn't making a dime before. I often wonder how they were making any money to stay in production. Was it on loans and stock sales alone?
I give this company about 2 years before they are in the black.
I think this stock is as sure as anything, but it will be a slow process to a nice PPS.
I sent an email to Brown asking him to release some info about the future of the stock. I asked him if he could give any information regarding reducing the float.
His reply:
I can't release any information that has not been made public.
My point:
Make it public and stop screwing us around!
The last press release said that if you'd like to sell wellstone then call the # listed there. But you'd have to get licensed first. I'd imagine that you'd have to file for a license through the state.
let's hope so. We're all desperate at this point. I thought for sure that QBID was a winner but it has gone nothing but down since I started investing in it. The only people that are doing OK (breaking even) are those that have gotten in recently.
Let's hope that Frank wasn't abusing the shareholders when he issued out all those shares. Let's hope he had a plan and is going to make amends with us.
Hey Jake,
Is there a rumor about a PR? What have you heard? Honestly, all the PR's are great but what's being done about the float? Maybe that's the PR? Float reduction?
Where are you guys seeing this 8 bil share volume? Etrade is showing much less than that.
Send an email to brown with the request. They might still send it out.
OH, roundmott. I do trust his posts that he's not lying. I think he might have gotten bad info, but I think he's legit
Hey,
Did anyone notice that the ceramic store is up and running on the website? That's good news at least.
Who is it if I may ask? There have been decent PR's before. What's going to make this one any different? News of a buyback perhaps? But a real buyback this time.
That 50 billion crack was hilarious. I'm dying over here
This isn't a very well known stock. Once the product starts selling you'll see much more action
So does anyone have a clue as to what this big PR is supposedly all about?
What about Austrailia and Europe? The potential is great, but if Frank doesn't do something about the O/S we will never go anywhere.
Hey Ctkh7m, nice to hear from you again.
I understand your theory but wouldn't there have to be different ticker symbols in order for what you're saying to be correct? CTKH would have to have Hybrid as a subsidiary and it's own symbol. Otherwise, all the shares are still under ctkh. It would be like owning mcdonalds. They have a million stores, but the shares aren't split up for each restaraunt, they are all lumped together. Unless ctkh splits up the companies, it doesn't matter how many companies there are. There are still 5B shares trading under the same symbol.
Is it the right move to dilute the shares? Let's hope so if that's what's going on. However, eventually, the shares would have to be eliminated either by a r/s or a buyback. I'm in QBID which had 19B shares but now has 44b shares out because of aquisitions. It is killing the stock and there is fear of the stock going under if something isn't done.
I guess the main problem is that instead of splitting the shares again after the r/s, the shares got diluted by releasing more into the float. That's really crappy if you did buy any at the high.
I understand the concept of the R/S. I'm just telling you what Jim Stock told me. I wish I still had the email. But he definately said that the stock never traded that high. I remember that I asked him what caused the stock to go from $325(?) down to where it was. His reply was that it went up that high due to the R/S, etc... and that it never actually traded at that price.
That did confuse me because the chart said that it was that high.
Orange,
I don't think the stock was ever at 160. According to the charts, it looks that way. I emailed Jim Stock a long time ago about this and he explained that because of a reverse split, the charts look like it reached that level, but in reality, the highest it ever went was 1.75.
Welcome to the board Shadow,
My personal, humble opinion is that this is the best penny stock you're gonna find. Long term, I see this stock anywhere from $5-$50. It all depends on how well the cigarette is accepted/marketed.
I think this is a winner. I'm not selling one share until it hits 5. I'll get my investment back and watch the rest ride.
I understand the Hollywood thing, but it seems like he's throwing a party every month. These parties can't be cheap and probably run in the tens of thousands. Now consider that he put 20K into a buyback instead of a party. It would be much more helpful don't you think?
I was taught that about the PPS by some people who I respected that deal with stocks as a living. I'm open to learn if you could explain how it works better.
It's obvious that Frank doesn't understand how much a billion is. He should work for congress.
Another frickin party? What the heck is going on with this guy?
All 44 bil shares cannot be bought up so he can buy those shares left over. Second, someone is selling because if they weren't, the PPS would constantly be going up considering the volume traded daily.
The reason the stock doesn't move is because people have shares available at these prices which means either they're not all bought up and/or people are selling at these prices. Once no shares are available at .0002, the stock goes to .0003, etc. until people sell. If there are more buyers than sellers, the price goes up. Simple supply and demand.
So, there are definately shares available. How many is the question. But he can always buy the stock back at higher prices as the stock moves up.
If that was true, then the stock would be gonig up no matter how many shares are out.
As people buy, the price goes up. It's simple supply and demand. There's too many shares out for demand to keep up.
I saw that the 52 week high was around 4 cents. Does anyone know what the O/S were at that time?
The only thing that will get us into a fair price will be to reduce the float. It's not so difficult or farfetched. The company is really a winner. We just have to wait and see if the CEO makes the right moves to help the stock. His constant pr's about have faith, etc. should hold some value. It only benefits him to see the stock rise. He might be doing things now to hurt the stock, but if he's putting the money back into the company, it will pay off in the long run.
Guys, this company is brand new! if any of you thought the growth would be quicker, you were dreaming.
There are 2 scenarios here:
1, Frank is a greedy person and using the shareholders for personal gain.
or
2, He is trying to make the moves to propel the company where he wants it.
Sure, he could have done things without diluting the shares so much. But if he had, how far along would TMM be right now? Let's hope that he has a plan to reduce the float.
If he gets it down to 1 bil shares, we'll all be looking good. Maybe he'll surprise us all with a one time buyback of 95% of the float. It certainly is possible at this price. He just has to cancel a few parties and the buyback is all funded.
3-5 years is what we'll need to see growth. Don't expect anything any sooner.
You can give up on it now, but I expect to see a nice PPS in a few years.
OT, get it.
Verse 26 and 27 will probably interest you.
James 1:
22 But be ye doers of the word, and not hearers only, deceiving your own selves.
23 For if any be a hearer of the word, and not a doer, he is like unto a man beholding his natural face in a glass:
24 For he beholdeth himself, and goeth his way, and straightway forgetteth what manner of man he was.
25 But whoso looketh into the perfect law of liberty, and continueth therein, he being not a forgetful hearer, but a doer of the work, this man shall be blessed in his deed.
26 If any man among you seem to be religious, and bridleth not his tongue, but deceiveth his own heart, this man's RELIGION is vain.
27 Pure RELIGION and undefiled before God and the Father is this, To visit the fatherless and widows in their affliction, and to keep himself unspotted from the world.
Duh,
Reduce the float Frank! The title of this PR should have been
"Frankie goes to Hollywood". Subtitled, "Relax".
How long ago was this PR? My guess is that nothing was ever done like he said.
This is interesting. Was it for my personal information or did you want me to look something up specifically?
Also, what does o/t mean? A few people use that in their posts.
Being a bible study teacher myself, I know that it is ALWAYS possible for a Christian to act ungodly. I don't know what he is studying, but he could just need growth in that area. Remember Due Dillinger? I threatened to fight him, but that was not a godly way to act. I repented of that and try to control my temper.
There are judgments according to standards and judgments on condeming people.
I can make a judgment according to the Word of God (as you did) that his actions are ungodly there and he needs to repent. What I cannot say (especially since I don't know him) is that he is not a child of God for his actions and/or going to hell for it. God does that judging which is fine with me :o).
But you are correct. A minister of God shouldn't be acting that way. It is a basic way of speech that should be controlled if you are a minister.
What I wish he would stop doing is professing to be a minister of God and continue to act like that. If he is reading this post, I would ask him to learn to speak in a godly manner and refrain from name calling and threats. Rom 15:14 is my power behind that request.
I would also have him look at James 1:26, James 3, and 1 Pet 3:8-11.
Orange,
Thanks for that post. I hope that he reads this and repents of his actions. You inadvertantly helped him in his walk with God if indeed he is a Christian.
What I will say to you is that ministers of God are not the only ones who are called to walk according to the Word of God. All of us as His creation need to do so in order to obtain eternal life (including non ministers).
To get into heaven you MUST be born again (John 3:1-8). If you are not born again, you will not obtain eternal life, but be in everlasting suffering.
May the Word of God reveal Himself unto you.
Repent, for the kingdom of Heaven is at hand!
Have faith Mr. G. Ride the storm. As long as the company doesn't go bankrupt, we should start climbing again.
I'd get back into Wellstone if you can. They just started shipping their product.
It's crazy. My dad's girlfriend just bought a house for $850K and completely gutted the place.
My friend's brother in law bought an apt. overlooking central park for $3 mil and he completely gutted the place.
These homes are run down and still going for over a million! It's out of control.
Let's hope Cetek can make some decent numbers to get us there.
That's a positive way of looking at it. I am afraid that we will lose everything if it goes to 0 and be pulled off the board.
What I'm really afraid of is if they liquidate all of the shares and start trading under another ticker symbol. That's happened to me before. Wouldn't that be a smack in the face to all of us?
I am really amazed at this stock.
FRANK....PLEASE BUYBACK SOME SHARES!!!!!!!!
Same here. I've got about $7K into this stock. I'm not getting out either. I'm averaged at .0007, but that looks like a huge gain from here. Right now I'll be happy with .0004.
I really don't see how Frank could let this stock suffer. He is killing us. Maybe he's getting back at us for all the things people are saying about him on the message boards. I just tried to call equity relations and I got a machine. I'll call back later to see if someone picks up.
A ray of hope is the DVD that's being shipped out. Maybe there's some information in there that will explain everything.
You still in Wellstone? That's looking very promising right now. I've got around 10K shares in that and I'm going to start putting my money there instead of this crazy stock.
Frank answered that question in the conference call. He said people got millions of shares for much lower than this when he was building the company. They are the ones selling. He also said that he speculated that most of those shares are sold by now, but probably not.
Then you have the paranoid people who sell when they see a stock going down and they add to the downward spiral.
I won't sell one share at this price. "Profit or Bust" is my strategy with this one.
I am a little concerned right now because if the stock goes to 0, we're screwed. I really hope Frank dumps some money into a buyback right now to keep it afloat. I mean, just $100K right now would help.
Have patience. It will come, you just have to wait a little. You will see solid numbers within the year I think.