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VSHC will move as quarter after quarter keeps coming in with higher and higher revenue, the market cannot ignore good money for long. The market is rash to throw good money after bad but yet unwilling to throw good money after good. However, eventually the market comes around on both sides of the isle and makes the right decision.
OTC is crazy dead.
BTW, feeling much better today :) Let's get these 1's out of the way and get back to a bid.
TSNP
GM all,
MM's still shorting a .0001 stock, this is criminal. There should never be a reason to short a sub-penny stock let alone a .0001 stock. Keep in mind that MM's most likely shorted a ton more shares but these were the ones they were unable to get rid of before the report was due. So far I have caught them with as much as 14m+ shorted shares from the August 31st bi-weekly report. They've been sneaking them on us every day most likely.
TESORO ENTERPRISES (TSNP) OTC Type: Other-OTC
Short Interest for November 15 2011
Short
Interest Percent
Change Average Daily
Share Volume Days to
Cover
2,000,000 100.00 37,123,885 1.00
TSNP
Yo, feeling a little better but not fully recovered yet. Will be in and out but looking for a much better week here.
TSNP
Fingers we all know you want more 1's that's why you keep bashing the stock, only reason I don't make your private message public is because I will violate TOS but you have been accumulating and talking trash all along, simple mind games it's all.
TSNP
Fingers longs and the company could care less what you think, so if you don't like the stock sell and be gone. The CEO is taking the company in the right direction, if you want to find a POS to flip go to another stock oh wait there is nothing really to flip these days on OTC, lol. This is a real company with a great CEO who is growing the company and increasing shareholder value but that's not to say it will happen over night.
TSNP
GM all. I've missed out on the food, been sick for a few days with the flu. I hope everyone had a great time. Let's take out VERT and get back to working the 2's.
TSNP
Uh, yes there was, it took an initial 600m+ shares to get a bid back. Then everyone else that was stuck in the stock realizes its trading and slowly bleeds it to move on to a stock that they will take a permanent 90% loss.
Oh no! The sky is falling...
Shareholders of record are around 309, not sure how that works because if that were the case then owning around 10m or so shares which is only $1,000.00 would have locked up the float. I know some that own between $5,000.00 and $10,000.00 worth in shares so I guess most people own between 1m = $100.00 and 5m = $500.00. Soon as bigger players begin to load up this should run nicely.
TSNP
Yup, I have to agree. Also, like that he's bullshit today.
TSNP
My pleasure, eventually people will realize this is a winner and one who will last a really long time after it makes gains. Frustrating when you check volume on the OTC every day and see scams running a hundred thousand if not millions of dollar volume in a single trading session and we can't even get $10k to run on this one.
TSNP
True but smart money would have collected all the cheap prices by the time that happens.
TSNP
I posted the transcript yesterday here and for the number check the ibox or email works fine.
TSNP
Are you guys still planning to take a large position? I haven't seen much buying lately besides myself, fingers and a few others. I'll tell you this much 1's are nearly non-existent at this point and 2's will soon not be available either as long's continue to accumulate before this one runs big.
You make an excellent point. I have been a part of a lot of OTC companies and this one looks legit, I have done an extensive amount of DD here and I can say it is refreshing to see a company actually making an attempt to run an honest business. I have spoke at length with my partners and I am happy to announce that our company will be taking a very large position here in the coming weeks. I have also spread the word through other mediums and I know of at least two large investors that have picked up starter positions here. I like what I see and hopefully the FINS are positive. As I stated in an earlier post, I do have a portion of shares that I will use to take small profits throughout the next month. I will not dump a massive amount of shares, and I will spread out my sell orders so as to not harm the PPS or create a seemingly insurmountable wall at the ask. Seeing that my company has decided to take a long term position here I will do everything I can to help the PPS rise. I can only hope that everyone will take profits responsibly also which will allow the companies PPS rise. We are all here to make money, I always advise buying and selling at the ask. There is no point in killing any runs, I truly believe that if you want to take profits you will be able to get rid of your shares without selling at the bid. If everyone here works together I believe we could all see some nice profits. Leucro, this post is for everyone I just wanted to be clear that I was not singling you out, just using your post to reply because you made a very valid point that caught my eye. Good luck to you all, and here is to hoping that we can help push this thing north.
TSNP
No insult but you're defensive, seems like someone is insecure :)
TSNP
Thanks.
TSNP
Muga, can you please maintain more active on this board and if you cannot then please consider elevating someone to the moderate position. Thanks in advance.
TSNP
There are good RS they just don't happen because are used as a tool of dilution. I didn't say it will happen here but if it does that will be the only reason for it.
TSNP
Great addition, wecome Bruce and thanks Muga.
TSNP
He's already made it clear there is no RS expected, there are no guarantees in the market for obvious reasons but he's pretty determine not to have to RS. RS should really never be used unless it is for an up listing or to attract more/bigger investors but never followed with dilution. That's what the CEO is trying to work on and what I will push as a private investor.
TSNP
Wasn't difficult to figure it out, same grammar.
TSNP
Hell yeah, smart money loading. Just needs to eat up all the weak hands at each tick then we run hard.
TSNP
What's CC?
TSNP
Now is the opportunity to get this stock moving, if we close today with 612k vol that means CD guys are out of shares and won't be able to sell shares for a few weeks. This provides us with the opportunity to get the stock moving and then regroup. This is accomplished with ask hits and little bid support at each bid price. First week of December we will get Q4 guidance and hopefully E-Commerce site issues are resolved and orders coming through. CD's are getting low and either someone buys the remaining CD's out or they will be absorbed by the market. We should all see the light at the end of the tunnel. Share retirement program following all CD's are satisfied, greater revenue from stores that will break even and start to yield net earnings. In addition to the E-commerce bringing in revenue needed to fund the opening of a third retail store. The CEO is standing by us, it's now time for shareholders to be proactive with their investment. Let's get the word out.
TSNP
TSNP CEO Mr. Boucher / Chat Transcript – 11/21/2011 Session
Dear AB Members,
We wanted to pass along this morning’s chat transcript, our first in a by-weekly series with the CEO of TSNP, for those who were unable to attend. A few of the highlights include increased revenue, plans for expansion in both brick and mortar and e-commerce, while reducing current liabilities. We would also like to welcome our new members to the AB family and wish you all a Happy Thanksgiving. See you in the green!
Chat Transcript – 11/21/2011 Session
15:03:09 ‹Budboucher› let me start by recognizing that this is not a general communication to shareholders and as such my comments will necessarily be limited to previously published data.
15:03:45 ‹TA Junkie› Good Morning Bud, we will begin recroding Transcripts now.
15:03:46 ‹Morten› GM
15:04:19 ‹wocongming› can you explain by NOT a general communication thanx?
15:04:32 * dlk135 has disappeared into the shadows.
15:04:45 * stronganaman has disappeared into the shadows.
15:05:58 ‹Morten› I believe he means there are a limited number of shareholders here, not like a PR annoucement.
15:06:07 ‹wocongming› ok
15:06:34 ‹wocongming› surprised to see only about 4 of us here
15:06:43 ‹wocongming› thought thered be more
15:07:10 ‹Morten› Agree
15:07:19 ‹wocongming› anyway, can i start?
15:07:30 * Morten changes nickname to Leucro
15:08:10 ‹wocongming› may i start?
15:08:23 ‹Budboucher› I have received several questions relating to profitability. This is a topic near and dear to us all. The opening of our second stone is now having a positive and increasing impact on sales and GP, but still was not at breakeven at the end of the third qtr. IOur operating expanses are primarily fixed and breakeven is the next hurdle for us. We are spending more money on advertiszing to mke
15:08:33 * stronganaman has disappeared into the shadows.
15:09:17 ‹Budboucher› For the retail store channel ,advertizing is key.
15:09:26 ‹Leucro› Mr. Boucher will answer questions submitted to him via email first and then give the floor to live questions.
15:09:35 * stronganaman has disappeared into the shadows.
15:09:51 ‹wocongming› ok
15:10:21 ‹Budboucher› The Company will issue preliminary data on the forth qtr Rev. in the first week of Dec.
15:10:34 ‹wocongming› good
15:11:03 * stronganaman has disappeared into the shadows.
15:11:48 ‹wocongming› i have a few questions when yu guys are ready
15:11:52 * stronganaman has disappeared into the shadows.
15:12:21 ‹Budboucher› There are also a few questions concerning other channels of distribution. We have engaged a consultant to finish our e-commerce site.
15:14:47 ‹wocongming› may i now?
15:15:16 ‹Budboucher› We are working on arrangements with third parties to market our products in other builder supply operations. We are also considering a third location in the soring, this location would have to be covered by positive cash flows from #1 and #2.
15:15:18 * astockalypse joins General
15:16:01 ‹wocongming› sounds interesting
15:16:13 ‹Leucro› Mr. Boucher will inform the audience he's ready to take questions.
15:16:15 ‹Budboucher› Please ask your question.
15:16:23 ‹wocongming› ok
15:16:28 ‹wocongming› Mr Boucher, can you shed any light as to if the CD holders have excersized any of their sales yet? and if so, how much of the $30k have been gone through?
15:17:40 ‹wocongming› I ask this, cause in order for us common holders to get any value, that would have to be completed first IMO
15:19:54 ‹Budboucher› Our 9/30 F/S disclosed $35.3 CD. The conversions are of course are not under our control. I can tell you that there has been some conversion since the publishing of the 9/30 statements.
15:20:13 ‹wocongming› ic
15:20:35 ‹wocongming› Mr boucher, do you promise us no R/S? and for how long?
15:20:53 * Kronborg joins General
15:21:10 * astockalypse has disappeared into the shadows.
15:21:10 * astockalypse has disappeared into the shadows.
15:21:10 * astockalypse has disappeared into the shadows.
15:22:31 ‹Budboucher› Promise is a strong word. It not the company's intention in the foreseeable future to use an RS to reduce the OS.
15:22:43 ‹wocongming› 1 more question if i may? Is there any plans for share retirement for us? and if so, can this happen before the CD's are done converting?
15:22:58 ‹stronganaman› Good day I have difficulties posting here and I have a question by how far is the plan to do share reduction
15:23:28 ‹wocongming› IMO, we, as commons, really need a less diluted stock to get real value for what weve put into this
15:23:43 ‹wocongming› im on that already stronganaman
15:24:04 ‹Budboucher› I believe it is in everyones interest to have the OS stablized before developing a plan for share retirement.
15:24:28 ‹wocongming› can you be a little more specific mr boucher
15:24:41 ‹wocongming› we know that part
15:25:00 ‹Leucro› Wouldn't make any sense to reduce the share structure as CD's can still convert because then that would be even more dilutive.
15:25:10 ‹Budboucher› not at this time.
15:25:44 ‹wocongming› ok
15:26:24 ‹wocongming› i dont quite understand how that would be MORE dilutive?
15:26:38 ‹wocongming› yu reduce, then its reduced isnt it
15:26:53 ‹wocongming› they are going to convert either way
15:26:54 ‹astockalypse› because now there is a cap, if they reduce, the cap moves
15:27:02 ‹TA Junkie› Bud, have your begun to calculate, or do you have, any revenue guidance from future sales on the e-commerce front?
15:27:10 * stronganaman has disappeared into the shadows.
15:28:13 * AJ joins General
15:28:20 * Budboucher has disappeared into the shadows.
15:28:20 * Budboucher has disappeared into the shadows.
15:28:21 * Budboucher has disappeared into the shadows.
15:28:33 * Kronborg has disappeared into the shadows.
15:28:36 * Kronborg joins General
15:28:48 ‹wocongming› where is everyone going
15:28:59 ‹astockalypse› no idea
15:29:12 ‹Leucro› If you reduce the shares, then that means the price will likely move up and when it does the CD's can sell at a greater price not only taking the liquidity away from the stock but also forcing those that are buying to take greater losses as the stock will just fall back down.
15:29:13 ‹astockalypse› maybe the time is up
15:29:47 ‹wocongming› leucro, thats a valid point.
15:29:53 ‹TA Junkie› I believe some are having connection issues, or are being kicked out of the chat as they navigate to other site features
15:29:56 ‹Leucro› No the time stated is just for guidance, the limit here is when Mr. Boucher needs to depart for business.
15:30:08 ‹wocongming› so basically youre saying, let the cd holders just get minimum,
15:30:19 ‹stronganaman› U need to refresh the page cause sometimes the page freez
15:30:21 ‹TA Junkie› Exactly
15:30:31 ‹Leucro› Yes, something seems wrong. When we conclude the chat we will look into it and make enhancements for the following session.
15:30:33 ‹Kronborg› This chat is being used for the first time, could be some bugs, if you experience and then please write to admin@askblasters.com
15:30:57 ‹TA Junkie› you want to buy any CDs at the cheapest price possible as it forces them to bring in the liquidity
15:31:21 ‹Leucro› Of course, you don't want them making a premium on top of what they are already getting for converting. I think it is best to flush them out at the lowest price possible as a shareholder, or at least that seems logical.
15:31:23 ‹astockalypse› welcome back Mr. Boucher
15:31:32 * AJ has disappeared into the shadows.
15:31:46 ‹wocongming› Bud, can you tell me how many full-time employees you have total? tia
15:31:57 ‹wocongming› for TSNP that is
15:32:39 ‹Budboucher› Thank you to all who participated. have a nice Thanksgiving and we will chat again in two weeks
15:32:52 ‹wocongming› bud, wait please answer my question
15:32:56 ‹wocongming› Bud, can you tell me how many full-time employees you have total? tia
15:33:24 * AJ has disappeared into the shadows.
15:34:11 ‹Budboucher› Sure, TSNP, the holding company has one, accounting and legal provided by consultants.
15:34:38 ‹wocongming› oh ok, wow, small
15:34:51 ‹Leucro› That is the holding company
15:34:56 ‹wocongming› y
15:35:02 ‹Leucro› not the retail stores
15:35:05 ‹TA Junkie› That's the holding company, not the actual underlying businesses
15:35:12 ‹wocongming› i hear yu
15:35:28 ‹wocongming› like to know how many for the businesses
15:36:06 ‹Leucro› Mr. Boucher, if it is alright with you I can I explain how the actual business run, since I have met with you and discuss it.
15:36:31 ‹wocongming› sure, whoever
15:37:05 ‹Leucro› Actually, we need to close down when Mr. Boucher leaves so that we can get the transcript, if you guys have any questions about how the business run I can answer the basics on Ihub.
15:37:19 ‹Budboucher› go for it!
15:37:35 ‹wocongming› bud gave yu perm leucro
15:37:42 ‹Leucro› Thank you for your time Mr. Boucher, it's been greatly aprpeciated.
15:37:51 ‹wocongming› yep ty
15:38:14 ‹astockalypse› ty sir, have a great thanksgiving as well
15:38:17 * Budboucher has disappeared into the shadows.
Respectfully,
AB Team
For those asking about how many employees.
Holding company has one as stated but each retail store has a manager and the flooring mechanics are outsourced. It is much easier to maintain labor cost down as most of you know those usually account for 2/3's of expenses. For a small business struggling growth during these difficult economic atmosphere it is in the best interest to outsource those services when needed vise having to constantly pay them whether there are jobs for the mechanics to install or not.
TSNP
Funny how people want communications with the CEO but when provided they don't take advantage of it. Barely anyone at the Live Chat session currently in progress.
TSNP
Live Chat going on right now with CEO.
TSNP
Blah, blah, blah I think the CEO as well as the smart investors here understand the regs.
TSNP
ROLMFAO!!!
I don't know, this stock has been acting uber weird. It is only a matter before the float is locked in strong hands and then we will see if MM's are going short, if they are they are going to hurt badly.
TSNP
No just yesterday and today. Yesterday's bid support was hidden.
TSNP
Nice day here, shouldn't be long before there are no more 1's selling. Closing at 2 more and more often. Everyone have a great weekend.
TSNP
It's crazy earlier in the week I put in an order with E-Trade and it went through within 1 second literally but other times it can take as long as 45min.
TSNP
How long did the order take? I was using E-Trader earlier too.
TSNP
Soon 1's will dry up and people will need to start collecting 2's.
TSNP
Would be nice to get a decent ask blast right now and put some fear on these MM's.
TSNP
Welcome aboard, most hibernating right now :)