is a 'Troll-Dad'
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Hey MB,
I can't imagine those t-shirts are selling anymore. Everything possible that could have gone wrong has. The audited financials were never even started. It's a great niche, business, and surely is expanding quickly; but it looks like it won't be getting any retail investment until after the RS and some positive PRs, and even then, who knows if it will.
You win some and you certainly lose some, but what a disappointment this shaped out to be.
GLTU
One always checks back in to make sure one's sell was a good one in hindsight. It's just how investing goes. Time will tell here... but the audited financials conundrum might cancel out all of the good PRs they are sitting on. I was pretty sure the meeting wouldn't be all that, but had hope nonetheless.
I, too, would be surprised if it wasn't. They could release a humdinger of a PR with all of the expansion listed at once, or they could do a trickle of PRs over weeks. Who knows, but you are right---all bad news is out. Even the best companies have do dilute, reverse split, or engage in less than satisfactory financing agreements from time to time in their histories...
Board marks at 260 now.
Yup. This is good information for those that don't know about such requirements.
You mean when institutional ownership determines the floor in share price, not retail, right?
It certainly is trading like, "the calm before the storm", as it were.
Just discouraging to see any larg-ish bid gobbled up as soon or soon after it appears. Not a sign of strength by any means.
Great start; horrible ending.
If the meeting goes nowhere and we don't get audited financials this will be another bad stock and a great business kind of deals.
GLTA
Things are looking good. Hope someone asks or the Hodges themselves shed some light on the audited financials we were promised. That would be huge.
I believe it started at 30:15 if I recall correctly. If the ipad won't work try something else, it is definitely compelling and adds to one's confidence.
Audited fins or not, the kiosks are real and the expansion is very real and traceable. The audio interview with the radio host someone posted a few days back was even more credible and exciting. Things will happen, and we can hope the meeting sheds a little light on that.
Huge bids showing up now.
And they're unaudited. Sweet.
Yup. It doesn't look good and no one here has been a fun. But, "Iacta est" or "the die has been cast", it is a done deal. Someone is advising them to do things this way. I, like a few others here, will just ride this out and hope things turn out well.
I appreciate that.
I took many accounting and finance classes towards my degrees in Economics.
For a company growing at this rate, it is not uncommon to have negative shareholders equity, while not usually this large, it does indeed happen.
The formula for that is simply:
Total Assets - Total Liabilities = Shareholder Equity
http://www.investopedia.com/ask/answers/08/negative-shareholder-equity.asp
from the above link (just for reference):
It's like top secret information for this board only!
Same, but I'm not surprised. RS still going to most likely happen. Meeting has yet to take place. Audited financials yet to be seen. Deadlines missed and news not yet confirmed by the company. It totally makes sense, but at least everyone is holding and not selling at the moment. It was more like a "stop the bleeding" PR than a game changing one.
Yeah. Still can't believe we were rocking 11/share early this year. Could have sold then and nearly doubled my shares at this year's low. Hindsight is insane.
Right? Things are finally looking like they are evening out. I still wonder how different things would have been had Europe panned out. It has been a heck of a ride since approval that is for certain.
Jeez, looks like a good 'ol dip back under seven. That's the ARNA I know and love!
One certainly cannot deny that! I gotta say, this week was definitely not one for those with a weak heart.
Numbers are good, not sure about short covering.
I'm pleased with today's action. I hope it holds!
LoL....yeah, something close to that. I had hopes for a good first quarter of 2013 and lookie here...profitability.
I think this is great news as well. I am glad they were able to give us a glimpse of their upcoming continued profitability in 2013.
I think of this as a, "we'll throw you guys a bone" kind of report.
Bargain hunting today. Seller(s) gone for now it appears.
Yeah, I'll be here. Problem is, will any new investors be watching? That last deadline miss for the financials coupled with the new official paper copy of the meeting notice with the part about discussing the financials conspicuously absent, doesn't exactly breed trust.
I still believe, as Willy proposed (and that many others refuse to entertain here), that they are backpedaling on delivering the financials due to their competition being private corporations and as such, not to give the notice that they may be overextending their resources at this juncture. Kind of like showing one's poker hand while still betting against a bunch of hidden hands.
I'm not nervous. I know what I own, and own it at a price much lower than even the .006s which it might hit today. I'm just worried they might have to up the RS ratio if this keeps tanking day by day.
.006s on the way. Someone or some group is leaving to play momo elsewhere, imo.
I'm worried that this is it. This and a bunch of posts saying major news coming on Monday, Tuesday, Friday, oh well it wasn't Friday, has to be Monday now, etc.
The thing is--- we know. We all know there is much more going on here. It has been confirmed. They have cash. They are expanding. They've won some pretty serious contracts that taken alone, supposedly dwarf many of their previous installs combined. What we have is crappy initiative and a shady meeting coming up quick and still no proxy materials divvied out. Not like our votes will matter, but it is disconcerting all the less.
Its over 1 million as it is. Any sizeable dumping and this will be back where it started from. Quite a contrast from two months ago. Still waiting on some more amazing news before the meeting. If the news we've got so far was it, well, that sucks.
Bid getting hammered again today. Another solid week of trading!
Thank you for this.
I'm sure they are aware of that. Unfortunately we will have to see what happens at this point. I only feel irky for those that bought .015+ all the way to the low .02 range. For me, in the .00/share club, its just a worthy gamble.
I've still some confidence here for CPSZ in the near term and certainly in the longer term, it just helps to poke fun at the issue more than take it seriously...its been a long, bitter journey downwards from the high of .022
Not much action today, but at least there are some decent bidders maintaining the current price.
I'm thinking they will too. They are trying to go legit and will be following the rules. I think they will just make sure it arrives late, very late.
Yup. Might as well hold the meeting in some war torn part of Africa to ensure nobody arrives.
There just isn't enough volume to push it anywhere really. Sure it closed in the .007's today, but come now, if people were really to sell what they had this could easily hit the low .001's.
I sleep well knowing its not a typical cashless, asset-less shell company scheme to sell shares to naive investors. Well, for what I know that is.
Couldn't agree more. This makes the most sense given their backpedaling on the financials and vague, but positive, PRs.
The one thing that is consistent is the twice mentioned: "we would like to bring value to our shareholders", and "bear with us" statements in two PRs.
It would be much easier just to say nothing at all and just disclose basic goings on. These personal messages in addition to the real contracts being won, money being obtained, and expansion prepared for, tell me to hold on for now.
All my opinions of course.