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RENS is perking up! Volume today....interesting........
I love it!!! It's alive again!!! Well, I consider 2.5 Million shares to mean it's alive....lol
Nice volume today........47,110 shares...interesting...........
So....what do you want? A cookie? Who cares?
"rampid" ??? lol...from the Urban dictionary: rampid. A non-existant word that mentally challenged people often confuse with the word "rampant." See below. Jack: The disease ran rampid ...
"Massive dilution"?? Please read the information about the 3 Billion shares reduction in Authorized shares.
When I wrote last week that Lowenthal must be adding 300 pages to the First Quarter Financial Statements.......I think I must have been on to something (I was just trying to be funny...but who knows?). These filings are way over the top.
I have a feeling that the delay is due to Lowenthal disclosing a lot of stuff that nobody but him cares about.
I think Ted must be absolutely livid about the Financial Statements being delayed.
But, if you want to put a positive spin on it....maybe they are about to disclose some stuff we don't know about yet! Maybe that's the reason for the delay!!
Archie, slow down. There have been way too many names released here. Producers, doctors, major insurance companies.
Now, you are questioning the name of the CEO?
Slow down and be patient...things will come together.
I want him to tell me what is happening..not what is supposed to happen. i.e.....we were supposed to launch on 3/28/14. I don't need to hear any more "projected" launch dates.
I don't want to hear a peep from the CEO until this thing is being launched.
It's just a difference in philosophy. You sound like a singles hitter who likes to string a lot of rallies together.
I like big innings.
HoundDogg, yes, I my math agrees with yours. And yes, we will need big-time revenues. I was thinking $.10 to $.15 until the insurance company PR. That is huge.
Overvalued if it gets to $.50? Yes......But, that is my target..(if that makes sense...lol).
Summer 2015
$.50 per share is my long-term target.
I am a cold-blooded executioner with a plan when it comes to trading. I did not buy into the hype over the weekend.
It appears to me that we have a Major Day Trader who is trying to get this jacked up for a quick profit.
Just keep adding when you can and hold. Do not try to flip. It will not work in the long run....imo.
What does Page 1 of your UTRM Sells look like today? Looks like Flipper buys/sells.
vincelong, very nice post. And the word on the street is that he is a UTRM investor too!
ducktor, I agree with you. People are very impatient these days.....our Society has changed, and not for the better in many ways.
A good investor does need patience I believe. When you think about UTRM, this has gone up very fast (and down fast too)...in a very short time. I am looking long-term and have target price in my head that will take some time to achieve. But, I think it will be achieved.
vincelong..lol, thanks for the laugh Bro! We are in limbo here, waiting for an update. Wish I had the powder to add more!
Of course they are taking their time to do it right....and let's hope that when they do have it ready to be launched that we hear about it directly from the company in the form of a PR or Public release.....not from one of the CEO's "friends".
Why a "Boom" next week? Are you expecting an update from Chris' "friend", wife, girlfriend, mistress?.....or all of the above?
I think Chris learned a lesson with his unforced error of giving us a specific launch date (March 28th). I really did cringe when I read that PR.....my first thought was...Wow, he must be pretty sure this is going to be up and running.
Then, we get the information that revenue streams need to be built into the site...cool...sounds good to me!
Now he has committed another unforced error with an E-Mail to a "friend".....Opinions differ on whether it's a big deal, little deal or no deal at all.
Let's just hope he learns from this unforced error #2. He seems to be doing a great job for us...
I think we have beat this subject up enough. Chris, knock it off!!!
Hey Bro's......that studio looks awfully suuuhweeeeeeeeeeet! Doesn't it !!!????
roepicks, I agree completely. Anyone defending the release of company information to individual stockholders is on shaky ground imo.
Great post.
To some it's no big deal. Some consider is material. To me...it's unethical and stupid to release any information to a single person...without making it available to all investors.
You are not getting it. Microsoft is a Public company. UTRM is a Public company.
He is issuing information about the company we have invested in (and I don't care whether it's considered "material" or not) to a "friend".
It doesn't matter if you are a start-up or Microsoft...that is unprofessional and unethical (I'm not a lawyer...so I won't say it's illegal).
Mr. Seminatore: Please focus your attention on the PUBLIC company you are running. Please do not take any investor phone calls. Please do not respond to any investor's E-Mails.
Investors need you to focus on running the company and getting it operational. We appreciate the efforts so far...especially the news about revenues.
And, finally, if you are reading this.....Please don't read our posts and get back to growing this company!
Thanks.
It's not OK. He should not be giving out information to individuals like that. Every communication from him should be public. If he is an egomaniac, and wants to talk about stuff, he can send out PUBLIC tweets every 2 minutes.
The CEO of a PUBLIC company should not be talking (in person or on the phone) or writing to individual investors imo. That's what the professionals at the IR firm are there for.
UTRM is a PUBLIC Company. The officer of a PUBLIC Company should not be writing E-Mails to individual investors imo.
Leave that to your Investor Relations Firm/Department.
I find it really improper for the CEO of a PUBLIC Company to write E-mails like that.
Can Lowenthal add his 300 pages to the financial statements by the 6th? lol
It has been a "Jr. Miner" for a very long time. It will soon be a "dead miner"....imo. Let me be blunt: they pissed away $4.8 million
Sounds to me like Ted threw Lowenthal under the bus (regarding the delay in the financial statements).
It sounded rather childish to me....But Ted probably knows that Lowenthal will add another 300 pages.....lol
BGL has some real problems. No revenues. Writing off a $4.8 million "investment". Not good.
They are weak and probably can't put up a fight against SRGE/MSJ much longer. If I'm SRGE/MSJ...I just play the WAITING game and let BGL implode.
lol
BGL took a $4.8 Million Hit for another property!!!!
And..........STILL NO REVENUES !!!!!!!
Here is the note on their write-down of another property:
"Due to the significant impact of the rezoning of the Paramo area on these concessions and the likelihood that the authorities will uphold their decision to extend these boundaries, the Company has decided to fully impair this property as at November 30, 2013 and has recorded an impairment of $4,820,692."
I don't think stockholders of SRGE have anything to worry about. This write-off of another property shows that BGL over-reaches...lol
BGL's Auditors did add this to the end of the Contingent Liability Footnote (Note 9):
"A ruling in favour of the Company by the Federal Court will affirm the Company’s ownership interest in the mineral property and amounts will become due in order to put the concessions in good standing; however, as the amount s are not determinable, no accrual has been recorded in these consolidated financial statements. Should the ruling be in favour of the defendant, the Company would be required to recognize an impairment charge on the property for $10,286,428."
I am more than a little shocked that the Auditors let this nonsense continue. This case started on Feb. 26, 2008!!!!!!!!!!! Should have been written off entirely by now imo.
SRGE/MSJ will put an end to this nonsense soon imo.
We will see. SRGE/MSJ waiting for that gnat BGL to get out of their way.......imo.
kylegar15, I posted last week that giving out a specific date for the website launch was an unforced error by Chris S. But, he has been doing a great job and the pps has held up great considering the date was missed.
We are looking really good....and it sounds like this website is going to be looking really good before it is launched...Chris S. said he won't put out an inferior product (which is what I was concerned about...i thought he might do anything to meet the date).
REVENUES ON THE WAY !!!!!!!!!!!!!!!!!!!!!!!!!!!