Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Wrong. Revenue is not earnings per share.
I kinda thought the Monk lesson had taught some of these people SOMETHING, but I guess not....
Great volume here! Lock the Float!
"PATIENCE is a hard virtue to follow in all things" someone said!
No, actually, I don't think anyone ever said that.
https://www.google.com/#hl=en&tbo=d&sclient=psy-ab&q=%22PATIENCE+is+a+hard+virtue+to+follow+in+all+things%22&oq=%22PATIENCE+is+a+hard+virtue+to+follow+in+all+things%22&gs_l=hp.3...979.2558.0.2934.3.3.0.0.0.0.93.238.3.3.0.les%3B..0.0...1c.1.OI3FAiBRDOY&pbx=1&bav=on.2,or.r_gc.r_pw.r_qf.&fp=7bb9b384f427c1da&bpcl=38093640&biw=982&bih=584
It's ok, I seem to recall you have something like 5-10 times the number of shares I have.
I was able to add twice in the .70s and .80s, which was nice!
"A first and one-of-a-kind product needs to be pushed harder"
And a tiny company will also have a tougher time. Patience....
The SEC should have someone watching the wires and suspending trading immediately upon issuance of PRs like that.
Cat, TAGG is a massive pump and dump, as I assume you know.
seam immanent!
I don't know, either - that was the entire post.
Speaking from much experience... no class action lawyer would look at this because there's no pot of gold to go after -- no insurance policy and no officers and directors with substantial personal assets, as far as I can tell. Also, it's virtually impossible to prove loss causation with an inefficient market like the Pinks, not to mention how thinly traded AIMH has always been.
Management knows it's a low price. They were running out of cash so they didn't have much choice, but they negotiated for the right to continue searching for better offers:
"Under the terms of the merger agreement, the Company is permitted to solicit alternative acquisition proposals from third parties through October 24, 2012 and intends to consider any such proposals."
I'm going to hold mine for a little while. I think it's unlikely that the deal will die, so the .21 is pretty much guaranteed and if another interested suitor comes along, there could be a bump of a few cents.
Your gripe is with certain people who trade through market makers, not the MMs themselves who, as I said, don't maintain inventory of penny stocks. It is simply not what they do. It ties up their trading capital.
I'm not saying that stocks, particularly thinly traded OTCBB and Pink Sheet stocks, don't get manipulated. They do. I could do it myself if I wanted to. But 9 times out of 10, it's not the MMs that are doing the manipulation, and 10 times out of 10 the MMs don't have any interest in going net long these stocks other than maybe intraday.
There might be some truth to that. Almost everything having to do with healthcare has slowed down in DC, sometimes to a halt, pending the election.
Market makers don't "load up" -- they don't maintain inventory in OTCBB and Pink Sheet stocks. It appears to me that some people (individuals) are getting tired of waiting for developments. I'd love to buy a pile of stock in the .04s, so I don't mind.
Thanks for your efforts SC. I'm going to remain a mod, for what it's worth, but I don't have much time to play with the IBox and that sort of thing. Anyone else who wants to help out will be welcome.
Nope. And if there were any doubt, this is from their 9/20 PR:
"For the period from January 1, 2012 to September 17, 2012, the Company reported net income of $88,439,000."
One of the longest-running frauds around may finally be slipping into oblivion, but not without a fight. BGMO put out a PR a couple of weeks ago claiming net income for 2012 thus far of $88,439,000, or about .50/share. Today, the stock price slid back under .02.
I heard a rumor that virtually everyone who posts an unsourced rumor on IHub is simply making it up.
Nice paint job by someone
Why? What good is it doing anyone?
It's NOT a shell. That term means an active company with no current business operations. ADST is a zombie ticker, with no company behind it, subject to deletion by the SEC at any time. Good luck.
Hi Jack. Thanks for the welcome back. I think I'd have to put on one of those hats like my mascot to believe some of the things that your colleagues here have been saying about TEVE, but I wish you the best. Watching a real MOASS would be infinitely more entertaining than watching this thing slip into oblivion.
There is nothing there. Nothing to merge. The company is gone.
Enable IPC Issues Update on Its Third Consecutive Profitable Quarter, New RFID Products, the UWAMIC's Annual Meeting and the Energy Summit 2012
VALENCIA, CA -- (Marketwire) -- 09/25/12 -- Enable IPC Corporation (PINKSHEETS: EIPC) today issued an update to stockholders and interested parties regarding its quarterly financial report for the period ending September 30, 2012 discussing what the Company expects will be its third consecutive profitable quarter. The Company also provided updates on its nanoparticle solution for lithium ion battery cathodes, two new RFID-related products to be introduced in the coming months and the upcoming Energy Summit 2012.
Enable IPC Expects a Third Consecutive Profitable Quarter
As Enable IPC continues efforts to develop and commercialize its S/Cap® RFID tag product line, AAO nanopore templates, ultracapacitors and lithium ion battery cathode coating technologies, the Company expects to post its third consecutive profitable quarter, which will end September 30, 2012. Financial results are due to be announced formally on or before November 14, 2012. With continued product and technology development, the Company expects steady growth to continue.
NSF Program Update
After successfully completing a Phase I grant, Enable IPC's subsidiary SolRayo was awarded a Phase II National Science Foundation (NSF) Small Business Technology Transfer grant in order to commercialize the Company's nanoparticle solution which has been shown to enhance the performance of lithium ion batteries.
"It should be understood that, according to the NSF, only 3% of the proposals it receives during the initial cycle get funded at this level," said Dr. Mark Daugherty, SolRayo's CEO. "To me, this is not only a validation of the technology, but also of SolRayo's and Enable's proven ability to successfully commercialize products."
Enable IPC to Release Additional RFID-Based Products
The Company expects to release two additional RFID-based products near the end of the year. While details will not be announced for some time, the Company has indicated that these new products will expand the Company's reach into additional RFID-related markets.
University of Wisconsin's Advanced Materials Consortium's Annual Meeting
Enable IPC/SolRayo's Director of Battery R&D, Dr. Walter Zeltner, will be speaking at the University of Wisconsin's Advanced Materials Industrial Consortium's (UWAMIC) annual meeting on October 11th. Dr. Zeltner's lecture will be on "Energy Through Nanotechnology" and will be held on campus at the University of Wisconsin, Madison's School of Engineering. SolRayo is a member of the UWAMIC which facilitates technology transfer, information exchange and interaction between the University and the Consortium's commercial partners.
Energy Summit 2012
Enable IPC/SolRayo's David Walker will be one of four panelists discussing the topic of "Ideas to Marketplace" at the Energy Summit 2012 at the Monona Terrace in Madison, Wisconsin on October 30th. Mr. Walker was invited to discuss the process of getting innovative energy ideas to the marketplace -- from basic research to start-up businesses to established commercial entities. The discussion will center around what it takes to start and expand a company which intends to provide solutions for a more sustainable use of energy. Summit organizers consider SolRayo a perfect example of this process and have invited Mr. Walker to discuss his experiences in going from the lab to a growing company.
Since 2008, the Wisconsin Bioenergy Initiative (WBI) at the University of Wisconsin-Madison has hosted this annual Energy Summit in order to engage and connect bioenergy stakeholders, the general public and students with research and development updates. Early bird registration ($39 for the general public) ends October 19th. Additional information about the Summit can be found here:
http://www.energy.wisc.edu/news-events/energy-summit-2012/
Follow Enable IPC:
To keep up to date with Enable IPC, please follow the Company via any of the following sites:
Enable IPC Website: http://www.enableipc.com
Enable IPC Blog: http://enableipc.blogspot.com/
Enable IPC on YouTube: http://www.youtube.com/enableipc
Enable IPC on Twitter: http://www.twitter.com/enableipc
Enable IPC on Facebook: http://www.facebook.com/pages/Enable-IPC/140064176054394
About Enable IPC Corp. (Intellectual Property Commercialization)
Enable IPC (http://www.enableipc.com) provides efficient, streamlined strategies for turning technologies into products and bringing them to market. The company seeks to turn technologies into products and is a transparent, fair turnkey partner for sub-licensing and joint development with other companies.
Forward-Looking Statements
This release may contain forward-looking statements, such as "plans," "expects," "believes" and similar terminology that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the ability to secure additional financing for the company, changing economic conditions, business conditions, and the risks inherent in the operations of a company.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact:
Product and distribution inquiries:
David Walker
Email Contact
(661) 347-0607
or
Daniel Finch
(262) 948-1868
Investor Relations:
Rich Kaiser
(800) 631-8127
Email Contact
Source: Enable Intellectual Property Commercialization
EIPC is quietly perking along, under the radar of most penny stock buyers. How often do you see a real, growing, profitable company trading under .02?
While there as been so many baseless facts posted on this stock over the past several weeks, experienced penny stock investors use that as part of their DD. The question begs as to why this misinformation is posted so often
Investors at this level use over emphasized information as a means of knowing that there is a concern of a stock running and how that run can effect those in a short position. Its now time to see how that type of DD can be used to ones advantage as this begins to move up and those that are short are forced to cover.
"but could be attributed to residual effect of his previous work" ... said Corner.
"Unlikely," said satelliteguy.
Well put - I agree.
Nobody is selling short a .02 stock. Just some normal sellers - yesterday's activity was less than $12,000 worth of stock.
The guy who was offering at .0137 pulled his offer, for whatever reason, and then a tape painter saw his opportunity to buy a couple of dollars' worth at .016. Just dumb.
The minimum bid price for a NASDAQ listing is $2.00.
Yes, you are right, good point. I didn't really mean to say what I said. The other guy's post included some mentions of the Lockheed work that Northstar Network was doing before NNL ran out of funds, and that's what I should have specified need not be mentioned anymore. Different business, done, kaput. However, as you said, the Echotec guys are still very friendly with their former LM colleagues and there may be some sonar or other technical work (as opposed to aircraft parts) coming out of the relationship in the future.
A good percentage of that is moot now that they're selling off Northstar Network. For example, there is no reason to mention Lockheed Martin anymore.
Sheesh! I was less than a mile away from the ESB at 9 AM but hadn't heard anything about the incident until your post.
I agree that painting a Pink chart is silly, but it does happen. And reading the charts can be useful for those unusual microcaps that are real companies rather than shells or promotions-in-waiting.
I've been an attorney since 1983 and that's not me in the photo :). Thanks for clarifying your argument. I don't agree with it but it is relatively straightforward.
I'm not a litigator but I did meet with Wes Christian and the late John O'Quinn about 10 years ago when they were first coming up with the idea to sue hedge funds that were naked shorting penny stocks in which they owned toxic convertible debentures. Some brokerage firms were targets then, too. My firm declined to get involved with the cases but it would have been fun. Wes is still fighting the fight, with not much success.
Not to make myself the arbitrator here, but... having chatted extensively with both you and b2b, and tending to agree with both of you virtually all the time, I'm intrigued by this little disagreement. In my view, of course painting the tape with a $10 trade is manipulation, regardless of the reason. I see it with many of the thinly traded OTCBB and Pink Sheet stocks I follow. I think people usually do it to try to make the chart look better, because a few days or weeks later it will be indistinguishable from a larger trade (except to those who have the ability to look up historic time and sales). And I personally know people who are otherwise intelligent, successful human beings who have nervously asked me why a stock closed "down 45%" on a 100-share trade. I don't think that one tape-paint will actually provoke additional buying or selling very often, however, and those who fall for it are indeed pretty dumb, IMO.
Perhaps not. I'm a lawyer and I don't need Investopedia to tell me what antitrust law is. However, I fail to see how the trend of brokerage firms trying to reduce their penny stock business by refusing to accept what they deem to be "questionable" stock certificates is even arguably an antitrust violation. Care to elucidate your argument?
"It is called self preservation although anti trust could come into play I suppose."
That makes no sense. What do self-preservation or antitrust have to do with brokerage firms not permitting deposits of penny stock certs?
Right. Most brokerages will not accept certs of penny stocks these days. Case in point, I have a cert for 40,000 shares of a small company (not Telvue) that I acquired legitimately, directly from the company in a private placement, and none of the major brokerages will accept them even with a letter from the CEO (my old market maker said his firm would take them, but he wasn't happy about it). For the purpose of this widespread brokerage firm policy, it makes no difference from which discount broker the shares were originally purchased.
Of course, one who has a large enough brokerage account (maybe $200,000 or more) may find that exceptions can be made.
As Jay Leno used to say in Doritos commercials, "Crunch all you want - we'll make more."