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.
Yep. And knowing that it wasn't a substantial sell and can't possibly indicate anything about the company's prospects, why would anyone care? It was probably a market maker journaling shares from one place to another for some reason.
"It just continues to show that AIMH has been manipulated by naked shorting, the float has been bought a few times over, and the MM's are desperate for shares."
How in the world does one small trade at .0015 (which was apparently a market sell order from someone who didn't realize how thin the bid was) show any of THAT?! Anyone who is "desperate for shares" certainly wouldn't think that selling $100 worth is going to solve his problem, particularly when there was no attempt to do anything to follow through. Selling a million or two shares would be a much more credible attempt to destabilize the price.
Also, please explain how anyone (even a market maker) can sell short on the bid.
[Someone please let me know by PM if Alex responds to this post with anything of substance, because I have him on Ignore.]
Some unusual activity today, with a small buy and 2-3 bidders jockeying for position to try to catch a seller. Maybe some people think they know something. Time for a call to Rick?
Revenues down 38% year-over-year, and they still have yet to receive a single dollar of revenue from their wondrous new product, CYIPRO. Looks like a bunch of people fell for Carnahan's BS again. When will everyone learn?
This stock is heading back to .004 or lower.
And as an attorney, I appreciated Dave's frequent references to the forward-looking statements safe harbor, because it shows that he is cautious in making projections... but I feel compelled to point out that the safe harbor is available only to reporting companies :)
That's a very common mistake.
No, the other poster was referring to the coughing and other noise in the room that occasionally made it difficult to hear Dave on the call. We also heard someone call to someone else, "don't leave without saying goodbye." Dave must have been using an unusually sensitive speakerphone.
I was on. Dave did a nice job. He's a smart guy and shareholders are in good hands.
I agree. I posted here on June 20th that I was seeing dilution, but that I thought it was understandable. The company needed money to operate. Now that we're seeing revenues and profits, it shouldn't be necessary to dilute at these levels. I wouldn't mind if they raise some reasonable amount of funds at a much higher price, like .05 or higher when we get to that point, if it'll be useful to help them build the business.
EIPC is looking strong today, with the recent seller apparently gone. The meeting Friday morning will be streamed online. Should be interesting....
C'mon Hank, I'd like to see a buy order for 888,888 shares of EIPC at .0188.
EIPC is going to break its earthly chains shortly.
Could one be confussing another Aug 15th w/another?
The latter has been pushed backed about 2 weeks.
VNDM is finally off the offer today, and not coincidentally we have reached an almost two-month high. I wouldn't be surprised to see a further move upward heading into Friday's meeting.
ANY DAY NOW bruhahahahah!!!!
Bwahahah meets brouhaha.
People who post that a company does not have money to pay their employees post bear faced lies and lose credability.
That's when they load their pants.
Toilet-training can be tricky at first.
Yes, I am here, too busy practicing law lately to chime in on IHub very often, but SC appears to have things well in hand here. Exciting news last week. I wish we'd see a sustained increase in trading volume to get rid of that VNDM seller, but that's a short-term annoyance and not a business concern. Company's prospects look better than ever.
"All or none" orders are not displayed on Level II.
Yes, it is correct that CYIOS already sells products and services to the federal government. And maybe they have used CYIPRO for beta tests or trials with government employees. BUT, I think the language you quoted states CYIPRO's capability, and not that it is actually being used by government employees. Regardless, the important thing is what the company's own SEC filings have said. CYIPRO was introduced several years ago but actual SALES of that product were ZERO.
I'm not going to take the time to reread and quote all their SEC filings for you. You'll have to do it yourself. But start with this:
"The Company continues to market our product CYIPRO. We anticipate sales of our product CYIPRO to the government and non-government users in 2012."
and this: "For the quarters ended March 31, 2012 and 2011, we received no revenue from CYIPRO ™."
No sales of CYIPRO yet.
Gentlemen, start your engines:
On May 25, 2012, we entered into an agreement to acquire the SafeBrain
System ("SafeBrain") from Rod Newlove for $900,000, of which $600,000 has been
paid and the remaining $300,000 is to be paid at a later date. The acquisition
was completed on July 20, 2012.
Sure, maybe it'll blow up eventually. But according to their SEC filings, they're still looking for their FIRST sale of CYIPRO. Selling to ONE customer would be a good start.
Prepayment for promo campaign (directly or indirectly) would be my guess.
TEWI promo this morning. Probably will not be sustainable.
LOL, nice point. I will grant you that from a chart standpoint, a good push could get the stock price back to .05 or higher. I just didn't want any newbie who doesn't know the history here to have any illusions that this company is a decent investment.
Good luck with the trade or promotion, guys - I will observe with interest.
I'm not frustrated and, with all due respect, I don't need a primer on what IHub is for. CYIO is a dog, and the CEO is an idiot and a shameless liar (I'll say "IMO" to avoid unnecessary legal threats), and anyone who comes to this board should know it.
GLTY as well.
I'm not saying that you're comped -- or that the others who all just mysteriously showed up here at the same time yesterday are comped. But anyone who reads this should look at the history of the stock price, and the posts on this board, over the past couple of years. A sudden orchestrated flood of posts -- lots of excitement -- lots of vague promises of huge revenues -- and then, when the Q comes out --> ZIPPO.
And now it looks like someone (perhaps the company) wants to blow out a wad of stock at .015.
Come on, do you think everyone on IHub is stupid, or maybe it's just that everyone has really short memories? How can you say this stock has been unnoticed? Look back at the posts on this board over the past year or so. Every once in awhile, there's a flood of posts from people who have IRP disclosures on other stocks -- the stock price pops for a few days -- and then, when reality sinks in, it returns to where it started.
Tim Carnahan is incompetent (IMO), the company's press releases are written by illiterates, and the company has never made a single sale of CYIPRO, which was supposed to be its new flagship product.
I'm not one of the guys who are trying to fire up some buying :) - my prior posts on this board over the past few years indicate how I feel about Carnahan's abilities (or lack of same) and this company's prospects of success (or lack of same). It appears that a couple of times a year, someone pays someone and the pumpers show up. Maybe that's happening again.
I see that you were a lot more upbeat last summer, but it looks like we basically agree now.
Why do you think so?
I didn't sell any, either. This thing is so thin, any sizable sale would have crushed it. I'll be interested to see whether the company intends to do anything to spread the word about their recent strong performance.
With only about 70 million shares out and now profitable, I can envision NEUN trading at more like .10 than .02.
.04 x .19
Edit: ooops, bid is .03 again. People jockeying for position.
Edit again: bid .01. Crazy thing.
That is crazy! $119,000 in sales, with a total cost of goods of $17,000?!
Just to stir the pot a bit... I know you know this, too, but let's stipulate that there are market makers that don't generally handle "retail" accounts, or that are known for handling institutional accounts or for selling stock into the market on behalf of issuing companies. MMs like VERT, MAXM and BMAS come to mind -- but they can and do make exceptions. And that doesn't suggest any conclusion regarding the flip side of the question. As I posted earlier, many "retail" brokers will accept a stock certificate for shares that were acquired privately and that were formerly restricted, once the legend has been removed.
ATDF does not "equal" Ameritrade. ATDF is the new market maker ID for what used to be AUTO, which is Automated Trading Desk, LLC. It is owned by Citigroup Inc. Some TD Ameritrade orders may be routed to ATDF, but they can also be routed to CSTI, NITE or ETRF, and ATDF also handles orders from all sorts of other firms.
Correct. Restricted shares can't be sold into the public market (legally), and U.S. brokerage firms won't accept legended certs. However, private sales or transfers to family members, etc. are possible. These transactions won't show up on the tape.
How can you identify whether shares sold in any given trade are restricted shares?
I know you mean that the shares sold HAD BEEN restricted, and of course the answer is that it's not possible to identify that they had been. One can buy shares in a private placement and put them in a retail brokerage account, once a cert is issued with the restrictive legend removed.
The .pk and .ob thing was Yahoo's own private stupidity, which they now seem to have done away with. This stock's ticker is and has been just plain IMSC.
"how can they be number one in anything and still make no profit??"
It appears to me that they have no real competition in their chosen space, because other companies have figured out that they can't make money at it.