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Maybe we should make up a new term for Karney 'Shareholder de-valuer"
You know that Karney has the best interests of the shareholder's in mind with whatever actions he does right...?
I can't wait until the next MN1.com interview when Andrew Coffey starts taking shareholder calls after karney's blathering & asks shareholder "You have made money in PDSC stock right ..."
Is Karney too busy writing his 350 page report on food safety for Washington representation to issue any press releases. There must be a E-coli outbreak somewhere in North America? I'm sure they sold a few "loads" of Spherequat this week...right?
At least 500 million shares traded today is my guess. Maybe we will get a billion share traded day soon. $.0001 or lower in the next 10 days.
I think playing russian roulette with a bullet in each chamber is Safer than speculating on PDSC stock.
Probably just rumors started by people who are 90% + underwater in PDSC to sell into a pump. I belive in Ozone technology but not their ability to sell it to anybody for use.
PDSC down 90% from the last pump to $.002 one month ago today (probably couldn't sell for about $.0015 unless one was quick on the trigger). Not saying a pump won't happen just that it won't hold anymore than the last one. I'll admit it is tempting to buy here & ride & sell into the next pump which I may do.
How high to you think it will pop & what news are they holding to release in your opinion that would precipitate this increase?
http://ragingbull.quote.com/mboard/boards.cgi?board=PDSC&read=88
1- Heard that Mr. Karney will appear before congress within the next few weeks to discuss food safety issues.
2- Heard that a billionair is interested in investing in PDSC after getting permission (I don't know from who)to own a high percentage of the company stock. I am not sure whether he will buy in the open market or strike a deal with Karney. I heard that he is making an exception to his investment strategy to not invest in small caps. Maybe he liked the technology or sees a good future for the stock. I hope he is right.
AF,
Is your reason for a pop related to "speculation" of PDSC being asked to prepare a 350 page report on food safety to take to Washington?
http://ragingbull.quote.com/mboard/boards.cgi?board=PDSC&read=94
June of 2005 (1.5 years ago) PDSC (then PDSS) did a 1 for
1000 reverse split 12 million shares out then from 12 billion at that time. Now they have at least 1.2 billion shares outstanding according to Karney in recent interview. He will R/S again & suck in some more shareholders for another round while promising revenues coming soon.
Penny, you must have listened to "live" interview as only the first half is available for re-play from MN1.com, currently. Was there anything noteworthy mentioned in that 2nd half interview?
First part of December 29th Karney interview available on replay at mn1.com
http://www.mn1.com/members/modules.php
http://ragingbull.quote.com/mboard/boards.cgi?board=PDSC&read=69
Todays mn1 interview
what do you guys think about todays interview?
It seems like Karney was put on the spot by a couple of questions, he was not happy about the $9 mil lawsuit question, he started cursing.
I did not like todays interview, it was not encouraging, he did not mention any positive developments, he said the first Dallas facility will be open by the end of February when last time it was mid January. He said revenues will be around $250 mil when last time he said $350 mil, he said the float is 900 mil shares when last time he said 1.2 billion. He has never been consistant with his answers to the same question. He said financials will be posted by end of February when last time he said end of the year or mid January.
I am begining to believe the bashers and losing hope. If this guy go through another r/s we are doomed.
I'm sure we will get another illuminating conversation on PDSC with Karney & Coffee on MN1.com. I'm sure we will get the standard we have sold a couple of "loads" of Spherequat & the Dallas facility is coming on line soon. Also "financials" will be released soon in early 2007. For intertainment value alone one should listen to the interview. Maybe I'm wrong & we will get some current info with some potential contracts....OK I was just dreaming for a moment.
Taco bell is probably the "safest" fast food place to eat at now with all their negative publicity on E-coli scare.
Let's all guess when rbl100 begins to trash PDSC & bith & moan like the rest of us PDSC longs LOL. My guess is Jan 13th 2007.
PDSC has almost made a round trip from the high of $.002 back to $.0006
June 28, 2005 - 7:01 AM EST
Produce Safety and Security International, Inc. Announces LOI to Purchase Facility in Arizona and Spherequat Products Distribution
Facility Will Provide a 9 Million Dollar Asset and Is Expected to Employ Over 400 Employees
Produce Safety & Security International, Inc. (OTC: PDSC) is pleased to announce that the company has entered into a letter of intent for the purchase of a 100,000-plus-square-foot facility in Prescott, Arizona.
Clarence W. Karney, CEO of Produce Safety & Security, states that this facility will house the company's Corporate Offices, Food Safe Risk Reduction Process, Reconditioning and Cross Docking Operation, Spherequat/Medic-Kleen Western Distribution, Biodegradable Fruit-Tray Operation, Showroom for all products, Truck Sanitation Process, Food Brokerage Operation, GIS Inspection Operation, Home Unit Marketing, Food Safety & Risk Reduction Training and Food Safety Audits. This facility will provide a $9 million asset and is expected to employ over 400 employees. It is intended that PDSC will provide deliveries of PSSI/GSI Certified Product to their contract clients, this facility will be the model for planned future Distribution Centers.
The company intends to eliminate food safety and sanitation issues and provide methods to improve procedures to minimize risk and liability. The company's comprehensive program is a proactive approach to food safety and intends to offer a variety of products and services that provide safer food & produce products, better quality, reduce shrinkage, and enhance shelf life.
Karney announced that the company will immediately expand their use of the state-of-the-art EPA Registered Spherequat 1000 and 6400, a Cleaner-Disinfectant-Sanitizer-Deodorizer for hospitals, nursing homes, whirlpool, home, veterinary, restaurant, food handling and process areas, bar and institutional kitchen use and for sanitizing ice machines, to include a Ready-to-Use Spherequat 2525-200. The 200 series is an EPA Registered, Ready-to-Use 200 ppm quaternary active food contact sanitizer that is specifically formulated for use by personnel in food service establishments, homes, schools, institutions, industries, meat/poultry/food processing plants, dairies, bars, restaurant and cafeterias to sanitize hard, nonporous surfaces.
Many companies offer protection in the form of food contact sanitizers and disinfectants for both farm and dairy use, Spherequat 2525-200 combines both in their Disinfectant/Sanitizers. Brewers, bottlers, all food processors and farmers from both the food and beverage industry share a common requirement of a clean and sanitary operation for production. This is the focus of our team at PDSI! So, come join us! The PDSI technology gives you complete protection from the "Stable to the Table." The company invites all dealers and other users of sanitizers to visit www.foodsafeint.com beginning July 5th for product specifications and information on becoming a dealer.
Karney essentially said they same when they moved to AZ wharehouse in June 2005
June 27, 2005 - 7:01 AM EST
Produce Safety and Security International, Inc. Announces Letter of Intent to Purchase a 100,000 Sq/ft Facility in Arizona and Board Approval for Reduction of Authorized Shares
Produce Safety & Security International, Inc. (OTC: PSDC) (formerly (OTC: PDSS)) is pleased to announce the company has entered into a letter of intent for the purchase of a 100,000-plus-square-foot Facility in Prescott, Arizona. The company has submitted an offer for the purchase of the 100,000-square-foot facility.
Clarence W. Karney, CEO of Produce Safety & Security, states that this facility will house the company's Corporate Offices, Food Safe Risk Reduction Process, Reconditioning and Cross Docking Operation, Spherequat/Medic-Kleen Western Distribution, Biodegradable Fruit-Tray Operation, a Showroom for all products, Truck Sanitation Process, Food Brokerage Operation, GIS Inspection Operation, Home Unit Marketing, Food Safety & Risk Reduction Training and Food Safety Audits. This facility is expected to employ over 400 employees and efficiently provide service to the majority of the company's West Coast clients.
It is intended that PDSC will provide deliveries of PSSI/GSI Certified Product to their contract clients daily, and that this Facility will be the model for planned future distribution center openings which meet all the requirements of Food Safety and Risk Reduction Program.
The Board of Directors has also approved a reduction of authorized shares for the company. Authorized shares will be reduced from the current 12 billion shares authorized down to 27 million shares.
RJC,
That was a concise argument for purchase of AAGH at these levels if you are patient for awhile. If AAGH continues their revenue trend from 3rd Q they should post about a $.01 a share earnings for the fiscal year in spite of the non-cash charge. $.01 earnings on a $.045 PPS stock seems to me low risk as you can get.
Probably a good time to average down or play for a bounce in the mid $.04 range. I guess only time will tell from here out. I still believe AAGH will be a great % PPS winner in 2007 if they continue revenue & earnings trend.
End of year tax selling must be in play here IMO. Will it hold $.05. Ironic that $.051 is the earnings for the year (excluding non cash charge) so far & the current share price.
ECCI not usually a month late on the 10Q's (usually a week or less)
Maybe ECIE should work on gettting their financials out so we can drop the E from ECCI.
AAGH definitey a frustrating stock as it tries to fight through the overhead resistance. Still hard to believe without the non-cash expense their earnings would be $.05 for first 9 months of year (went to $.41 on just $.02 earnings for the Q before). I figure AAGH to be a good buy here if you look out 6 months or so if they keep up their revenue & earnings trend (less additional non-cash charges if they should occur).
Another E-coli outbreak Karney can PR
CHICAGO (Reuters) - At least 19 people have become sick with suspected cases of E. coli after eating at a fast food restaurant in eastern Iowa, local health officials said on Saturday.
"What we have is suggestive of E.coli, but we do not at this point have a confirmatory test," Tom O'Rourke, director of the Black Hawk County Health Department, said. Final test results are expected Monday.
He said 14 of the people who became ill have been hospitalized.
O'Rourke said he could not identify the restaurant where the people ate, but said it had been sanitized and all the food replaced.
An outbreak of E. coli bacteria linked to Taco Bell fast food this week sickened 63 people in six states, U.S. health officials said on Friday. About 49 people have been hospitalized and seven have experienced kidney failure.
The U.S.
Food and Drug Administration said it expected the number of confirmed cases to increase in the next few days, since a number of other cases were being investigated.
Shares of Taco Bell parent Yum Brands fell more than 2.2 percent on Friday after an analyst downgraded the stock and raised concerns that the outbreak could have a significant impact on its sales.
Escherichia coli is a usually harmless bacteria found in the guts of animals, including humans. A new and pathogenic strain called E. coli O157:H7 was identified in 1982. It causes about 73,000 cases of infection and 61 deaths in the United States each year.
Most illness has been associated with undercooked, contaminated ground beef. But if contaminated manure gets into irrigation water or is used in fertilizer, it can get onto fresh produce or into the water supply.
Actually after the reverse split the A/S was lowered to 27 million shares (read last sentence of PR). They must have subverted that somehow as they didn't press release the increase from that amount.
June 27, 2005 - 7:01 AM EST
Produce Safety and Security International, Inc. Announces Letter of Intent to Purchase a 100,000 Sq/ft Facility in Arizona and Board Approval for Reduction of Authorized Shares
Produce Safety & Security International, Inc. (OTC: PSDC) (formerly (OTC: PDSS)) is pleased to announce the company has entered into a letter of intent for the purchase of a 100,000-plus-square-foot Facility in Prescott, Arizona. The company has submitted an offer for the purchase of the 100,000-square-foot facility.
Clarence W. Karney, CEO of Produce Safety & Security, states that this facility will house the company's Corporate Offices, Food Safe Risk Reduction Process, Reconditioning and Cross Docking Operation, Spherequat/Medic-Kleen Western Distribution, Biodegradable Fruit-Tray Operation, a Showroom for all products, Truck Sanitation Process, Food Brokerage Operation, GIS Inspection Operation, Home Unit Marketing, Food Safety & Risk Reduction Training and Food Safety Audits. This facility is expected to employ over 400 employees and efficiently provide service to the majority of the company's West Coast clients.
It is intended that PDSC will provide deliveries of PSSI/GSI Certified Product to their contract clients daily, and that this Facility will be the model for planned future distribution center openings which meet all the requirements of Food Safety and Risk Reduction Program.
The Board of Directors has also approved a reduction of authorized shares for the company. Authorized shares will be reduced from the current 12 billion shares authorized down to 27 million shares.
MN1.com PDSC interview with Karney more of the same. Same annoying interviwer & Karney was his same boring - non-informative self !!!
My numbers aren't speculative at all they came straight from the mouth of Karney. Karney said it the first MN1.com interview that when he came to the Company they had 12 billion shares outstanding. After the 1 for 1000 shares reverse split it was done to 12 million (doing the math). One of the other MN1.com interviews he said 660 million out... then the last Mn1 (besides today) was 1.2 billion fully diluted. All figures came from the mouth of Karnet in those interviews bedies my calculation of the 12 million after the reverse split.
I'm sure the way Karney dilutes into each PR you will be given ample oppurtunity to get back in at $.0005 a share or lower. PDSC is just a trading stock as it has demonstrated todat & the pst Sept during the last E-coli outbreak...nothing more. I believe the technology is great but Ozone technology has really never been used to any great scale in U.S. except in water treatment plants.
My guess is you will be bitching about the PDSC share price & Karney if you stick around here for more than a week LOL.
I believe the terminology Karney used was "inventory debt free" in the interviews he has given. Everytime he is asked about revenues he says" we sold a couple of ozone ice machines to the seafood industry & a couple of "Loads" of SPHEREQUAT. I do think stock can run as they hire PR sites to pump the stock, but when the music ends I would sell for the next cycle. Company has great technology, but has been unsuccessful in trying to sell it on any kind of mass scale to date.
Nice trading today with strength into the close. Last 30 trades or so.
Time & Sales
Price Size Exch Time
0.0795 1000 OBB 15:59:16
0.082 1000 OBB 15:59:16
0.082 100 OBB 15:59:13
0.076 5000 OBB 15:52:51
0.077 5000 OBB 15:52:20
0.077 3620 OBB 15:42:14
0.079 16380 OBB 15:42:07
0.08 32460 OBB 15:36:28
0.08 540 OBB 15:36:05
0.08 50000 OBB 15:35:41
0.083 5000 OBB 15:33:58
0.085 10000 OBB 15:33:27
0.083 6700 OBB 15:33:27
0.085 25000 OBB 15:31:36
0.085 5000 OBB 15:31:35
0.083 5000 OBB 15:31:35
0.085 3750 OBB 15:30:01
0.08 5000 OBB 15:27:43
0.08 11000 OBB 15:27:38
0.08 11000 OBB 15:27:38
0.08 9000 OBB 15:24:24
0.079 5000 OBB 14:51:32
0.079 5000 OBB 14:51:01
0.079 1250 OBB 14:46:11
0.077 11086 OBB 14:22:54
0.077 5000 OBB 14:20:58
0.076 23620 OBB 14:11:31
0.0759 23620 OBB 14:11:31
0.0759 18380 OBB 14:05:47
0.076 18380 OBB 14:05:47
http://www.cnn.com/2006/HEALTH/12/03/ecoli.outbreak.ap/index.html
I'm sure PDSC will press release this outbreak too!!
NEWARK, New Jersey (AP) -- An outbreak of E. coli bacteria has sickened at least 11 people in New Jersey over the past two weeks, officials said.
"This is a significant outbreak of a serious disease, and a significant amount of people are ill," Middlesex County Director of Health David Papi told The Star-Ledger.
Investigators are still trying to figure out how and where the victims became infected, the newspaper reported in Sunday's editions.
The youngest patient is 1 and the oldest is 23. Two of the 11 had developed a serious condition called hemolytic uremic syndrome that can permanently damage the kidneys.
Nine of the 11 ate at a Taco Bell restaurant in South Plainfield that was voluntarily closed on Thursday because of the investigation, but Papi said inspectors did not find any significant health code violations there last week. Tests are being performed on the restaurant's 21 employees to see if any are infected.
A Taco Bell representative at company headquarters in Irvine, California, did not immediately return a call seeking comment Sunday.
E. coli, short for Escherichia coli, is a common and ordinarily harmless intestinal bacteria. According to the Centers for Disease Control and Prevention, the strain of E. coli that caused the New Jersey infections is often found in the intestines of healthy goats, sheep and cattle, and most infections are associated with undercooked meat.
It can be passed from person to person if people don't take steps such as thoroughly washing their hands.
E. coli may also be found on sprouts or green leafy vegetables such as spinach. Earlier this year, three people died and more than 200 were sickened by a strain of E. coli that was traced to packaged spinach grown in California
It all comes down to the Kalahari acquistion. I think both sides need this deal to go through. Therefore, they will do wht it takes..even extending the time it takes to make it happen. When it is official I think we could see $.10 PPS.
A few million more than it was yesterday!!! They don't release share totals (he did say 1.2 billion outstanding with last interview which would make float probably 750 million shares) but appear to be printing shares as they pay sites to pump stock to public.
They had better generate some profits from some means in the next few Q's as they are currently burning through cash.
The main problem really is not with the product it is the fact that ZVUE has been selling them to Walmart (97% of revenues for the nine months this year) at BELOW cost of the components assembly, ect to ZVUE (negative gross margins). Selling some of your sales to Walmart is ok for product placement, distribution, etc but not the amount they do. Walmart is known for squeezing margins from their suppliers. ZVUE should discontinue sales there & look for another venue if they want to make any Net Income.