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Good man!
I am a round eye, but have great respect for the Tao.
Good luck to you! Get on board AAGH and DLAV!
We will see.
I had a great conversation with the CEO and am fine with staying with it.
He also posted an update, indicating that the OS was only 200 million or so.
He sounded like a sharp guy with a plan. SO stay out if that is your choice, but I think it will roll in late Feb.
Wake up!
Didn't you read the update that SH gave??
He clearly outlined the OS and AS and explained his strategy.
Sounded great to me.
What a bunch of whiners! Why not go away to a different stock that you LIKE??
Or do you just like to post crap?
When is the next quarterly report?
As we know, Mak is not much for PR's... (He needs a Dale Carnegie course)... I personally think the news that comes out next might be a real wowzzer.
Expansion of existing business and WWTBAM numbers... might take another quarter to show the impact of the new distribution of the show, but any good positive show news will finally get this thing off it's butt!
And if there is any unexpected developments... (new show, olympic stuff, anything...
"BOOM"!!
Thanks rep,
Yes, he indicated he has a definite target company.
man, I hope he pulls it off soon, cause when he does, we go go go!
And, to reiterate, he is really positive on the WebDA... he thinks it will really go at the show. He soes not think there is anything out there to match it.
Morning! Late start...
nice to see some positive feeling here!
The dilution is NOT going into SH's pockets, where did you come up with an idea like that? He is using it to pay operating expenses...knows that it is toxic, and is working to convert to cash payments as soon as possible.
He sounded great on the phone, and has a targeted acquisition he sounded excited about, which will facilitate the switch from paying expenses with cash rather than with cheap shares... Yes, I mean he has a specific company in his sights.
He also sounded very confident in his WebDA product, and expects it to be a BIG winner in the NADA show... with 1000's of dealerships across the country, he needs 150 to go profitable, even without the acquisition... I think he feels that is a no-brainer.
I have been concerned, but after our conversation, I am feeling great. He is a personable, friendly, sharp guy. He knows what he is doing, has a plan (or several) and is making the plan work.
He seems to have a clear view of what is needed for the future success of DLAV. He also has a few ideas as to what is next after DLAV is sucessful. We might want to follow this guy!
My pleasure.
I really enjoyed speaking with SH...
I think IF the acquisition happens... and the show goes great...
We are in for a GREAT ride...
And I believe they both will happen. So to the good guys here, just be patient, ignore the games, and wait for news.
By March, we will be in a very good place!
Again, this guy is sharp. He only wins big if we do too.
UP 30%!!!
On 2500 shares...
HA HA HA
Desperation time for MM's. The toilet is in the final spiral before the glub glub.
just got off the phone with Steve...
My first conversation with him...
I am really impressed! Sounds like Mike Huckabee... great, mellow demeanor, and is REALLY sharp!
He has a specific acquisition target and is moving forward. If completed, he sill pay expenses with cash instead of shares... and you know what THAT means. BOOM!
He also talked about what he DOES consider is toxic financing, and is laser focused on getting rid of it... but in the mean time controlling it.
He also said he truly believes that the WecDA product is unique and will sell like crazy at the NADA show in Feb, which is THE big event for DLAV's success.
The combo of an acquisition and the NADA show have him and now ME very, very excited about this stock. He knows what he is doing, has done it before, and will do it again.
All the folks spilling bad info, get out now, you bums!
Maybe SH can refinance his debt...
So he is not paying expenses with shares that are what... .0015?
If he gets a reasonable credit line, he can halt the dilution, and... if this happens, and a PR comes out, we fly to da moon!
The dilution is controlled, which is great, but a credit line would be MUCH more advantageous to the company (and us) as the shares used to pay debt are at a DEEP discount to even these low PPS levels... which is holding us back, IMO.
REFI, Baby!!
Here is my outlook:
I bought a million shares for around $350.
If this thing goes to zero, I lose $350.
If it goes to .10, I have $100,000 in the bank.
Pretty good play, I think.
These guys appear to use the shotgun approach... if they have a winner or two, we fly.
If not, so what?
happy new year!
HAPPY New Year!!
Here's to the continued expansion of the core business...
The BIG expansion of WWTBAM across China...
And the big expansion of all of our bank accounts!!
I think we are now on a pos trend that will last for some long time.
And as a personal aside... GO CHARGERS!!
The lender owned shares are reflected in the outstanding shares, NOT the authorized shares, so no, there will be no big dump.
The OS is increased as additional shares are issued (OS)to service the lender debt and other operating expense as required, apparently in a controlled manner.
The company has all of the AS. Any outside entity that has shares are reflected in the OS.
And 200 million or so is great. Any earnings growth will make this thing run hard.
Remember, 200 million OS, $500K earnings PE of 25...
PPS: .0625
Can I hear a Amen, brothers??
I think that the news indicated that SH has the dilution under control...
Sure, they are diluting to pay the bills, but are doing so in a reasonable manner, and with improved income from new deals and conversion of existing accounts, I think the dilution will dwindle.
Even if it reaches 300 million, which is a guess at the worst case, I think any meaningful earnings will take us to .05 and up. Eg: 300 million OS, 500K earnings, 25PE = .04/share.
Lesco, what a sour roid you are. Why continue to post to a board for which the stock is a loser to you?
Why not go elsewhere to spill your bile?
hey, Wierdo and DrWonderful...
How about your expert analysis of the news?
Aren't you happy?
Come on, let's have some feedback on your previous theories!
We all respect your opinions, of course, so how about an update????
Shows he has controlled the OS and conversion of the AS as best that he can...
I think this is GREAT news, and a good forward surge should begin later in the week...
Might take awhile, but if the show in Feb is a good one, we could be off to the races...
Shorts must be sweating now.
My pleasure, Double...
The news was very welcome, and I think very positive.
I can't PM you as I am a cheapie.....
Best of luck to you!
You must have bad Karma, bro...
You just sold after we finally got the update...
And, 200 million is peanuts, do the math... if the company has a mere $500k in earnings, the PPS, with a 25 PE goes to $.0625/share. Think they can do that by end of 2008?
I do.
And 150 new accounts to go profitable?
If WebDA is as hot as the existing dealerships seem to think it is, a no-brainer.
The conversion by lender to finance losses is a bummer, but hopefully under control... Even at 300 million OS, this thing is probably a big fat winner.
NEWS!!
Just received this from Steve...
So stuff it up your backside, Wierdo and Dr. Wonderdouche!
When I took over the Company as President in April 2006, there were many serious operating and financial issues facing the organization as a whole (Stronghold Technologies, Inc. a Nevada Corporation - the Parent Public Company) and its Operating Company, Stronghold Technologies, Inc. (a New Jersey Corporation) as follows:
· Under previous management, many law suits involving former employees, vendors and customers were allowed to be reduced to default judgments against the operating company due to management's failure to retain the necessary legal representation to defend the actions. Additionally the operating company owned hundreds of thousands of dollars to the Internal Revenue Service for back withholding taxes.
· The technology developed and used by the Company's customer base was antiquated and the Company was losing customers on a monthly basis.
· Sales were virtually non-existent, due to the antiquated product and due to the fact that the CRM competitive marketplace had changed dramatically with the introduction of web based products.
· The Company was in default of its financing agreements and in danger of foreclosure.
The first order of business was to address the legal issues facing the Operating Company. We retained legal counsel and consultants to provide advice with regard to those issues. It was at that time that we felt it was necessary to isolate the Parent Company from the stigma surrounding the Operating Company. In October 2006, the Parent Company became DealerAdvance, Inc. Subsequently in January 2007 the Company filed a Chapter 7 Bankruptcy petition in the North Texas district on behalf of Stronghold Technologies, Inc (the New Jersey Corporation). The Bankruptcy, when discharged will eliminate over $1.0 million in judgments, liens, etc. However, the debt from our lender group remains with the Parent Company.
In July of 2006 I hired Rajneesh Sharma as our Chief Information Officer. His mission was to hire a development team and move the antiquated server based product to the web.
I also hired a new sales team with the primary goal of stabilizing the Company's customer base and resolving technical issues.
We developed a new business plan that we presented to our investor group, which allowed the Company to secure funding for 2007.
In February of 2007, with great enthusiasm introduced our new WebDA product at the NADA Convention and Exposition in Las Vegas. While dealer reaction was extremely encouraging, our web based developed product was simply one of many CRM's offering a web-based solution. Despite the highly competitive CRM industry, the Company was able to begin securing new contracts with the first signed in May, which was the first business the Company signed in nearly 18 months. In 2007 we were successful in converting a large majority of our customer base to the new WebDa representing approximately $900,000 sales bookings.
In June we made the decision to return to the "hand-held" technology that originally set the Company apart from the other CRM companies. At that time we began developing a hand-held application for the new WebDA product. In November we were successful in developing an interface with the Nokia 770 (now the 800), which would allow the full application to be operated on wireless hand-held device.
DealerAdvance, Inc. will debut this new product at the NADA Convention and Exposition in February 2008. We feel that due to the hand-held technology, the new WebDa will have huge success at the upcoming Convention.
We have also restructured our national sales team that is now in place to facilitate the launch of the new WebDA product.
In 2008 we have two primary goals. One, to become profitable and two, to acquire a cash positive company in the automotive space that compliments WebDa.
If we are able to secure 150 new WebDA clients in 2008, the Company will experience profitability. Additionally, if we are able to acquire a complimentary, cash-positive company, that covers the existing monthly loses, we could experience immediate profitability. We are aggressively pursuing both avenues to profitability.
As of December 21, 2007, there were 8 billion shares authorized and 218,274,915 issued and outstanding. The Company's lender continues to convert its debt to equity as they continue to fund our monthly operating loses.
Thank you for your continued support as we look forward to a great 2008!
Fair enough...
I hope you are right...
1.00/share would be a life changer...
And .50 would not be bad either!
Again, no offense, just careful.
Went from the .02's to .004...
I call that a plummet.
You?
.12 X .16 on Ameritrade...
.16 would be SWEEEEEEEEET!!
Not much has changed, UR...
Except the big allegations of Billions of shares being sold... causing the PPS to plummet...
And, the CEO is not speaking to this or any other issue.
He might have a rep, but so does his lender... a bad one!
He will soon get a rep of being a "I don't give a crap about anyone but me" CEO...
The stock is down over 74%... don't you think maybe SH would give a positive update once in awhile? Address our legit concerns?
And, a few dealers who like the tech is great, but how about a report on ALL sales and revenues??
Just sent this Email...
I recommend you all do the same.
Morning, Steve!
Hey, where is that update you promised us by the end of the month??
How about a little help, we are dying out here!!
Stock has gotten creamed on speculation about billions of shares out there and you sit on your kiester and do nothing to help.
Come on, man, get off your behind and let us know what is what!
We need specifics on outstanding shares, authorized shares, insider holdings, Stronghold BK status, sales and revenues. Your T/A is gagged, which sucks...
If you are in this for a quick buck, be bold, let us know so we can heat up the tar and gather the feathers!!
Your silence is an indicator that you are playing a game here... So if you are not, communicate with your shareholders!!
Go baby, go!
I use TD Ameritrade... not the best, but few hassles.
PR coming I hope??
It is a good question, bumwiper...
Pull your head out... it is THE question.
Good question.....
SH has not responded to ANY of my calls or Emails... he does to some, but not me... do I have BO?
He better get off his rump, this thing is smelly.
Thank goodness my AAGH is showing signs of life!
Maybe if everyone here sent him an Email politely demanding info...
Feb show coming up, but we need help NOW!
It also accounts for this stock getting clobbered if it goes up just a bit!
Like the last surge to .006... it got creamed by guys who bought at .004... for a nice return.
Need big news and volume to blow by the dirty dog flippers!
I think volume is fine... we have tons of flippers on this stock, and that accounts for the volume. If it was billions, the volume would be HUGE.
All that being said, if SH does not post his "update by Monday... that mens he can not be relied on and maybe has his own game.
He indicated through responses to Emails posted here that he was a big supporter of shareholders. That has not been the case. last chance, SH, to show that at least your word is worth something.
Well... he said he would clarify.
So if he leave it to the filings, I will be bummed that he is not being truthful, and if he does not update the shareholders by month end (Monday?), then he has credibility issues.
The volume does not look like "billions" are out there, that is just basher BS.
I will go with what the investment boards say (100 million) until we KNOW different.
Skoal
Give SH a call... he will let you know... maybe!
Hope you hit a home run, buddy, most of us are with you!
I am not concerned about 100 to 200 million shares outstanding...
If it is held to that, we are going to be fine.
If you are not concerned about the OS and AS...
Power to you.
I AM... big time.
If you don't think a difference of 100's of millions of shares to the outstanding share count impact's the potential of this stock, well, you maybe need to get investment advice.
Welcome back, W... we missed you!
We aimed, we fired, but we missed you.
I agree, but if you look back awhile, there were MANY posts alleging that billions of unregistered shares were being sold.
There is a big question as to the Stronghold BK and the CD's with billions of shares attached...
I believe they are under control, but we need SH to verify this... it is holding this stock back BIG time!
The promised update was in response to several phone calls and emails received by our ihub guys... I myself did not receive one.
But SH said several times there would be an update by end of month... Unless the guys posting were lying... which I doubt.
Lots of folks hammering him about the OS and AS, especially with rumors of billions of shares floating around and being sold... I think most of those were from bashers, paid or not.
We will see.
I agree, Cash,
hope SH hears the moaning and wakes up!
He is running short on time here for the "update".
He has not responded to my Email.....
Hey, a little "love" here!
That's the ticket!
maybe a PR coming... I hope!
Insider buying, maybe... let's roll on up to the .20's... pause, then up to the .30's!
My calls have not been returned...
I understand he is busy... but where do the shareholders fall on his list of importance?
If we do not get the promised update, with solid, reassuring info, I am bailing.
If he does not follow through on his responsibilities to shareholders, the company IMO, is not worth participating in. On the other hand, if SH makes a big move in the info area, great, I will ride it up.
Pretty simple... if he fails to inform, OR waffles again, I am out.
GLTA!
just sent the following Email to SH:
Hi, Steve!
Hope you are having a great holiday...
Hey, are we still going to get an update by month's end about, especially the outstanding share count and the plans to limit dilution via control of the authorized shares?
There has been much speculation on the boards as re. The "Billions" of shares that may be in play, and clarification would be much appreciated. I know the info may be in the filings, but can you clarify it so that a 10 year old can understand the totals and the future plans?
I also hope that sales are brisk, and any info as to revenues and new business and complete product compatibility info with brands such as Nokia would also be much appreciated.
Here's to a great 2008 for us all.
Sincerely,
I encourage all of you longs to call or Email. Let's get pro-active and let SH know we really need to be kept informed!
Month end "newsletter" was promised several times by SH...
If he does not come through with some strong news, this play is in the mud.
Like to see him take a much more pro-active role here... his stock has been creamed... I hope he does not have his own agenda, but is is starting to look like it with no support.
He could be keeping us positive and up to date, but has failed in many ways. Why?
This is starting to smell bad... sorry. I have taken a big shelling on this, and it looks like another "Big guys playing small guys" thing.