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.
ROFLOL, for give me for a) assuming your weren't buying more shares, and b) misinterperting your writen word.
As to whether or not you are correct in your assumption, the simple answer is no, that is not why I am here, however, I am also not wearing rose colored glasses where this stock is concerned anymore.
If someone asks a question like you did of the whole board or me directly I will answer that question as I see fit, not in a manner that glosses over the bs that is currently going on.
As to why I haven't answered directly to the complaince issue you pointed out; primarily because I think that is bs, and is not what or why the CEO expressed in his announcement on their web site, but you are entitled to believe what you want, I guess.
already saw your goggle results when you posted them the first time.
After my own emails with Mr James Crimi, I have already determined he is nothing more than a used car salesman.
You are correct, I added one zero to many.... it is still rather hard to imagine this stock trading at 100.00 at this point.
I think in my mind I added the extra 0, because I used to think pre rs that this stock could hit a buck a share if it ever got both the rebreather to production, and the deal finished with the fortune 500 company.
After all pre rs projected pps from a couple of differnt sources was .63.
also I am here because I am sitting on 6000 shares of this companies stock, which at the moment is aprox 95% under valued.
are you suggesting we are currently at .10?
something I should have asked you right back in my last post is would it have been easier to reach .10 from .0001 pre rs, or will it be easier to reach 1000. from .03 post rs?
Is not that an answer of relative value?
pre rs our shares were valued at .0001/.0002, and an increase to .10 would have been a major % gain as well as cash.
We now have a relative value of .00003 and an increase to .10 would only be a relative value of .0001. To earn the same return as suggested in the pre rs scenerio we now need to hit a pps of $1000.00.
Even an increase to $1.00 is only a relative price of .001.
Like I said S##ts and giggles.
But as I was just telling Vaas, the way this company is going I wouldn't doubt for a second 3 mil shares will be available to buy at .0001 long before we get any news which will move this pos higher.
Personally I hope I am wrong, but right now that doesn't seem likily.
got a feeling the company will be issuing more shares long before news hits.
so I will put in a buy order for 1.5 mil at .0001, either way I figure that will hit before the expected news.
until the company gets it's act together you are probably right.
for s##ts and giggles I am thinking of putting in a buy order for 3 mil shares at .0001, wonder which will happen first, my order filled or decent news. I am even afraid to bet on which way that will go.
All I know is if Vaas was serious about getting back in and is still reading this forum, he should probably lower his bid from .02 to .009, I got a feeling we will see that if not lower before we get any decent news from the company.
As I watch the trading activity this morning and recalling the CEO's desire to have a pps of .10 I am wondering if we should expect another rs soon? Maybe 10=1, heck that would get us back up to a pps of .3.
What a marvelous gift that would be from the company!
LOL, I have been around this particular forum since April, 7 months. I have been both someone who thought it was going to take off and someone who has voiced his complaints as the stock has continued to plummet over the last 6 months, going back and forth on thinking it would finally take off, and being iritated it hadn't.
This final straw from the company is a friggin bad joke.
As I recall you have done your fair share of bitching about this stock in the past as well.
If you don't share Zack's brain, nor share his views why exactly do you keep stepping up and writing for him then? Maybe if you quit trying to defend Zack and let him answer for himself you wouldn't get involved in conversations you don't want to be in.
Don't really see it as a debate, more an exchange of ideas and opions, and it has generally been enjoyable to read you posts, even when I don't agree with your opinion.
LOL; actually I did take a few days away from this forum and looking at what this stock was doing and what was being said here.
I stopped by yesterday to see what if anything had changed, made a couple of comments and then read where Zack thought of what we have gotten from the company as a gift.
I asked for clarification to his thinking; something by the way he has still not provided amplification on.
Since then it has been me answering back to those who have made comments to me, such as yourself.
I am sorry I try not to live in fantasy world, and try to see things for how they really are, and right now I don't see this stock doing what I once thought it would.
If pointing out to others the reality of the situation, especially when they bring up information, much of which is over a yr old in an effort to claim this info is why the stock is going to "destroy non believers" I just have to step up and bring reality back to the land.
You can continue to delude yourself if you like, but as it sits right now, there is nothing going on with this company that leads me to believe that they will come through.
Granted because the value of my shares is so low now that it's not really worth me selling them, I will ride it out whether it does finally rise enough to make the value worth selling or whether it goes under, but I also dont think that the company is done playing games with the share structure, and through that game screwing the share holders.... I hope I am wrong for my wallets sake, but I aint so sure.
You act like this is the first time any one has seen this info.
The first one on your copy and paste list sort of backs up my idea that this company is acting like it's on it's way down.
less than 3 months ago profits and revenue reported as up, yet here we sit with a pps considerably less than we were at that point.
Give me a friggin break.
I figured the way you jumped in on that little discussion where I was trying to get Zack to explain how exactly this was a gift you might have had an answer for him.
So despite your valiant attempt to cover for Dtro's current actions you don't view this as a gift to us.... interesting.
I'll make this point as simple as possible then. My belief that they will be able to produce what they claim the will based on their recent preformance is extremely questionable.
In my opinion this company is acting like a company on it's way down the toilet, not one on the verge of producing.
Oh and before I forget, it now being valued at a nickel gives it room to go lower than a penny, and even room to drop back down to the triple 000's, the option of trading lower in value prior to the rs was not an option any longer, we were already at the bottom. Based on recent activity it trading lower than a nickel is extremely likily, and it going lower than a penny is probably likily.
I guess the next gift will be a fs of say 100=1 so we are again trading at .00059.
When someone claims they see getting screwed as a gift I would really like a better explaintion as to how the see it as a gift.... unless they think of it like getting herpese or something, the gift that keeps on giving.
If we had no trades at all we would be sitting at .20. A 70% increase in value.
You keep going back to the rs being unannounced, as if you think that is what has me annoyed; I guess to some extent the rs itself has me annoyed, not that it was unannounced just that because of the rs the value of my shares is now lower than it ever could have been before the rs.
I will try to explain this again: before the rs the lowest our shares would have traded at was .0001 (triple 0's), now because of the rs our shares are currently trading at a relative value of .000059 (quad 0's) and in theory the potential for the value to go much lower is there, where it would not have been before the rs.
If and I will stress this again "if" the rs was accompanied by positive news to boost the share value, and in turn bring in new investors I could understand why the rs was done. As it sits now, the only thing that makes sense about this is the company desired to create an illusion that their stock price was worth more than it really is, to generate more cash flow for the company.
Screw the shareholders, we already have their cash, doesn't matter what the value of their stocks is.
Also I forgot to ask this earlier, how exactly is this rs and drop in value below what it could have traded for before the rs a gift?
Zack717 still hasn't explain how a stock now trading at a relative value of .000059 is a better value than a stock trading between .0002 and .0001.
I know my math skills are a little rusty as I pointed out earlier, but last I checked .0001 is of more value than .000059, despite the illusion that we are trading at a higher price.
So please feel free to explain how exactly we were handed a gift.
.50 is equal to .0005 in connection with this particular stock, so I am a little lost by your comparison, we were trading as high as .002 in April pre rs, which based on the new share structure would be equal to 2.0.
So again I will confess my lack of understanding to your point.
simply put sure I would have loved for the stock price to go from .0012 (where I first bought in) to .50, with out the rs. However that didn't happen, instead the pps went down to .0001, and eventually as you know traded at .0002 which is the price the rs happened at leading to a share price of .20.
Ideally the rs would have been timed with release of positive news to promote interest in the stock which in theory would generate a rise in price.
Instead we were handed an rs with no news and a drop in value 70% below what would have been possible under the other share structure before the rs.
If the rs would have been followed with news the day before or the day trading resumed I would find merit in your statements. However as we have witnessed that has not happened and based on what I have read from the IR news will not be forthcoming in the near future, and instead of sitting on a stock which I could have at least broken even on at .00055 I am now sitting on a stock who's pps is going lower than it could have before.
Bottom line is we got the shaft, no lube, heck not even a kiss, and we are being sold a line of crap to justify our getting the shaft in the process.
since you didn't specify which you think is doubtful I will agree that it is doubtful this stock will again hit the .000's with the current share structure, which is why I said in theory we could again hit .0001; in theory being the key words.
Could we hit .02 or .01 or even .005, sure, it all depends on how much someone is willing to sell their shares for.
As an example there were people buying multi millions of shares at .0001 right before the rs. Their relative break even price is .10. Someone sitting on say 9000 shares with a break even point of .10 is right now down about 40% in value, if they were willing to sell their shares at a loss of 80% (.02) because no one was biting at a higher price then we could easily see that happen.
Why couldn't we trade that low, I am not sure what another rs would have to do with the stock trading even lower than it is now.
Heck this stock in theory could trade as low as .0001 again with the current share structure.
What the ask is after trading hours means nothing, except someone has put a long term sell request in at that price, and it is the lowest price on the ask right this second.
Come monday when the market opens that will change to about .06 if we are lucky, but even the ask means nothing if no one buys shares at the ask, all that really matters at this point is the actual trade price, at this moment it is .059, how low this goes will depend more on what someone is willing to cash out for
I am confused, what do you mean by that?
Earlier you said it was a gift (the rs) because we weren't trading in the triple 0's, we never could have traded in the quad 0's because stocks don't trade below .0001.
So now I am confused about how you could have meant the new figure you are citing. Right now we are trading less than a relative pps of .0001; so could you explain how we were handed a gift with the rs and our current trading at .000059, which is less than the previous low we traded at.
Yes we do, and based on what I have read from the IR, I don't expect to see anything like that anytime soon.
I hope I am wrong, but I think we are going to be seeing nothing but bs come out of the company and the price tank even more, due to lack of meaningful news.
I am not sure what that means: "no bid".
I can only guess that since we were trading between .0003 and .0001 for a couple of wks pre rs we would have continued trading at that level until either the company released positive news which would have induced buying pressure or the company folded.
Even the illusion of the .2 price after the rs was dubious, for most of the day we had been trading at .0001, it was the final trade right before the closing bell when someone actually bought a few shares at .0002 which created the relative price of .20 vs .10; which in the CEO's own words on the DTRO web page, was the price point (.10) the company was shooting for in an attempt to generate more cash flow/investments.
Bottom line (IMO) is we are being played.
LOL, you are probably right, I didn't want to do the math and get my ire up again. Last time I looked at my holdings I know I was down a total of 93% which ment we were down significantly lower than pre rs, so 50% was just a simple way for me to say we were down a lot more than the 40% that was suggested.
I am afraid to see how much lower we do go.
also I forgot to add he wrote trip 0's, so it would be hard for him to mistype, never mind that trading at quad 0's is not possible.
closer to 50% since the rs. Which leaves me rather confused as to how anyone can claim we were handed a gift with the rs.
Now if the rs coincided with a good press release and it caused the pps to jump higher, to at least a buck (relative value of .001) then sure it might be some sort of gift, but based on my seriously limited math skills (old math only) all I am seeing is an attempt to hide further decline in value through slight of hand, or in this case paper, to give the illusion that the stock value is higher than it really is.
considering .0001 is the lowest a stock can trade and we had already been trading between .0003 and .0001 for a couple of wks pre rs, I am not sure how he could have missed a zero; simple fact of the matter is the stock would not have been able to trade any lower than .0001 before the rs.
However, since the rs we can now drop in price even lower than the relative value of .0001.
I have to ask cause as I sit here looking at the pps I am curious how exactly you figure that us sitting at .059 after the rs is better than when we were sitting at .0001.
Granted it's been a long time since I have taken a math class but if memory serves before the rs we were already at .0001 which was the lowest we could trade the stock.
Now that the rs has happened .0001= .10, so if we extend that conversion to where we are sitting now we are actually trading at .000059 (quad 0's).
Now again maybe my math skills are off but can you explain to me how it is a gift to me to have the value of my investment lower now?
I'll believe we are getting news when we get it. To be honest I don't think the company has anything to report other than the same old same old.
roflol.
I too have noticed his math skills are not that good. I received an email from him where he tries to imply that the current share value is higher than it was at .0001 before the rs.
It would be pretty damn funny if it wasn't so pathetically sad, and I wasn't on the receiving end of the continued decline.
As to who he is on Ihub; who cares, other than it shows the company is aware of the concerns of it's shareholders (at least on this forum) and continue to ignore us and our concerns.
Something else I find rather annoying about his responses to me, is his continued comparison to what other companies/stocks are or have done in the past or present in regards to share structure. I am not invested in those other companies, so what they do or have done is meaningless to me. I didn't invest in them for a reason.
Though I am still extremely pissed (actually everytime I look at how this is preforming I get pissed), because the money I would get from selling is so pathetically low it is not worth getting rid of my shares, I am in this for better or worse. I hope it will eventually be for the better, but there is a big part of me that thinks I am riding a stock into bankruptcy.
The press releases should have been released the day the D came off, and this stock could be traded again.
I am not as concerned about the rs, accept in that one of two things is going on, incompetence or more dilution.... I am leaning towards more dilution.
I am not sure what PRs you are talking about, I was just at their website, other than the rs there is one from Aug 20 something 2011, talking about the revenue increase and profits, which lead to the price tanking because someone was selling off a lot of shares.
I hope you are right and I am wrong and just making an a## of myself in my irritation at what I see happening, and because in my own moment of stupidity I invested more money into this thinking it was going to happen, before I found out about the rs.
As I watched this drop to an even lower value I was patient because they (company) knew when the D would drop and trading would resume; and imo should have had a positive press release ready to go on the day before the D came off or the morning it did.
The D came off and the price has continue to drop and the company has said nothing and as I have watched the selling, my ire has risen, and I vented.
But you are right, I am done, though I understand BF's posts now, I am done with my venting.
Hopefully I am wrong and this thing actually goes back up, until then.
GLTA
Yes he did http://www.dtro.com/ it would appear his desire to get the stock price above a dime is very short sighted. Basically what I get out of that after re reading it is we need more money so screw the people invested now, change the share volumn which will make the price appear to have risen, and then we can dilute our shares (companies) to generate more revenue.
so basically this is more or less the same thing James told me 3 months ago..... .0001 here we come!
and three months ago on 8/9 they told me and bf they would be releasing news and were concerned about the shareholders share value and were in the process of doing something about it.
Since that message from IR, the trading price dropped as low as .0001, then we had an rs which should have moved the pps to .20, and now we are trading at .05.
I admire your faith but until they actually produce in my opinion they are a bunch of thieving liars.... I am wondering how long it will be before we are back to .000's.
I have no idea if this stock is worth buying into or not. At one point in time I thought it was, but as of right now my stock is worth less than it was before the rs when we were trading at .0001.
I am not the person to give you advice about this company, sorry.
so basically he told you the same thing he told me 3 months ago.
LOL
I averaged down against my better judgement when we were trading at .0001-.0002, so I personally don't need quit that much but yeah there are many real close to that.
Though it irritates me about the money being washed down the drain, what really has me irritated is I was lied to and that is what really has my irish up.
I hate friggin liers.