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"This company has provided a nice paycheck / living for a handful of employees."
I agree. I think that Mr. Meaney's two primary interests are the military and his employees. As a result, I'd wager he's probably a great guy to work for and he has a happy, creative, and productive staff. I'd also wager that he spends precious little time with matters of shareholder and share price issues. As long as the military and his employees are being served, he's probably very satisfied and proud of the fruits of his labor.
Sadly, I really don't see this company as an investment vehicle.
Pat
Echotec revenues coming in strong for next quarter? Do you have a link to the contract announcements generating the revenue for next quarter? This will add nicely to everyone's DD. Thanks in advance.
Pat
Could you share with the board some of the exceptional successes and proven track record of Mr. Wilson? That would add greatly to everyone's DD. Thanks in advance.
Pat
"Yes I agree with that, as past performances can be a guide for future developments,..."
That's what scares most of us!
Pat
Am I starting to smell something with this company?
Pat
Panic selling? To whom? So you think MMs want to take a large position in NEIK?
Pat
That explains a lot of things ....
Pat
Sadly, another yawner ...
Pat
"What's your last name Pat? Buzzkill?"
LOL
I'm a "stuckee" on this stock too! I just don't see any hope unless they sell it to someone and the new parent company has some business that will lift the former MKRS shareholders along with it. I'm convinced that MKRS can't do it alone.
Pat Buzzkill
Be patient. There will be better buying opportunities down the road.
Pat
I doubt that they're unhappy with these numbers. Shareholders likely aren't happy but I think they just need to lower expectations and get used to these share prices. Nothing on the horizon that should change things dramatically.
ADEPT was their "make or break" product and it's merely keeping them in the black rather than making them an attractive investment. I see nothing in their pipeline that comes close to generating the revenue of ADEPT. Share price, therefore, should probably remain constant until they've completed their contracts with the Navy. After that, it may get a little cheaper to accumulate <G>.
Pat
Of course, there's no promo coming. That's just the latest story that replaced the story of the "merger news release" angle that was supposed to "rocket" the share price. Now watch for the next new story to replace this one ....
Just stop with the fabricated stories, folks, and wait for contracts and earnings .... and I don't mean "potential" contracts and earnings. Share price will go nowhere without REAL contracts and earnings. It isn't going to happen overnight, if it happens at all. That's the reality of this stock.
Pat
satelliteguy,
I don't have private messaging privileges but in response to your PM ..... I'm beginning to believe Wilson is as well.
Pat
"When the 8K comes out on Tuesday it more than likely will have a BIG PROMO with it!!! Only makes sense!!! Then we will see a BIG RUN!!!.... "
.... and when there is no "BIG PROMO" do we have another event ready for use that will become the new trigger for the "BIG RUN"?
Pat
Because the "merger news release" didn't generate the promised rise in share price, a new "trigger" has to be created.
Pat
We'll soon see. Good luck to you.
Pat
Merger news has been priced into this stock for more than a month. The only "merger news" that could impact the price of the stock this week is if they issue a press release that further delays finalization. News that merely confirms what has been previously announced should have minimal impact, if any, on share price.
Pat
One of many perhaps. Good luck to you anyway.
Pat
Thank you for helping me make my point, bra1loga .... you can't believe everything you read on stock bulletin boards.
Pat
Have patience ... you'll likely have your chance.
Pat
So THAT'S why we're seeing the little thrust today ...
Pat
I was wrong. He was right. It was the 10k that smelled.
Pat
"I smell a 10K filing today !"
Are you sure that's just not the smell of $3.50 worth of trading today?
Pat
Good job of keeping people honest on this board, satelliteguy. Are you aware of other boards in concert with this one to pump this stock? Surely this board alone won't have the clout for a programmed pump and dump. I haven't yet found a similar board that started about the same time as this board's "rejuvenation". Have you discovered any partner boards?
Pat
I hope my market order for 1 million shares doesn't move the price before I get completely filled .....
Pat
Meany is providing a very handsome living to his employees and his family. To that end, the company is very successful. Shareholders are not high on his priority list. It's a little difficult for me to understand why some still have not yet recognized his priorties. It's been evident for quite some time ... years even. How can there still be surprise or disappointment?
Pat
Well .... the bid is sub-penny if that helps in answering your question! <G>
Pat
I agree. It's never been about shorts or manipulation. It's nothing more than market forces ... buying interest matched with selling interest. Always has been. The rest of the noise is simply rationalization for timing errors in buying and selling decisions.
Pat
"Now the shorts have moved onto new prey and our next update should have a much more positive result imo."
Interesting .... so you're saying that the shorts have covered and we received no bounce from what would have required heavy buying volume to permit them to exit their massive short position to "move on to new prey"? That's either very discouraging news or you are suggesting that the "short selling" theory being the reason for the price decline is perhaps a myth.
Pat
The problem with that bet is that even when it's selling at .0001 per share with volume of 500 shares per day, the bet won't be resolved since some will claim that it's only a matter of time before the stock's resurrection if the MMs and shorts will just stop manipulating! <G>
Pat
I don't think you need to use your eyes. Just your ears .... we'll probably hear the loud thump soon. <G>
Pat
I really don't have any idea what the conversion ratio will be if this goes through. I suspect that it would be at some premium to the price of NEIK on a given day .... not likely 1:1 though. That would be nearly 4x its current price. That's a bit generous.
My disappointment is that the acquiring company, like NEIK, has no volume so we won't get any more liquidity in terms of trading current holdings.
Pat
Don't pop the champagne corks yet. Price is now down to .65 in PM from .70. Spread is now .61 x .64
Pat
Spread even larger now .... .55 x .69
Pat
Spread getting wider ... .57 x .65
Pat
The FDA notifies the company. The company makes the announcement. It is likely the company already has the news. How they craft the PR and when they choose to make the announcement public is what we are all waiting for.
Updating of the FDA site is merely cosmetic.
Pat
It appears that EPT won't make a more liquid market for NEIK shareholders. Volume is equally anemic.
Pat
The company will release the news about approval/disapproval through a PR. If the news is not good, it would be better for them not to release the news until AH so that the share price won't reflect a "kneejerk" immediate downward reaction. It's always better to put some time between bad news and the ability to trade the stock when possible. If the news is bad, the company would have another bonus in that tomorrow is a holiday and although the market will trade, volume won't be nearly as heavy as a normal trading day which could put even more distance between bad news and full time trading.
I'm not suggesting that approval is not forthcoming. I'm just hoping that if news is bad, they wait until AH to release it.
Pat
FDA approval is NOT going to be the driver of higher share price. Partnership, or lack thereof, is what will drive the share price.
After approval comes on Thursday, I suspect the price will drop if there is no additional news provided by the company. The price will drop only because many will be disappointed that they didn't get their erroneously anticipated 50% bump in share price. Announcement of a partnership on Thursday? Disregard the above! <G> Unfortunately, I don't look for a partnership announcement on Thursday. I hope I'm wrong.
Pat
I'm not sure I understand what you're saying ...
In the event that NEIK can no longer find access to sufficient capital to compete for contracts, their current customer base will have no choice but to go elsewhere. A company seeking to fill the vacuum created by NEIK's absence can simply establish their own consortium of subs (perhaps the same one's used by NEIK) to handle the work previously handled by NEIK. I'm not sure I see NEIK's consortium as an "asset" on their books that would add a premium for an acquisition scenario.
What am I missing here?
Pat