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Plenty of price movement. No iHub posts. What does that mean?
Disclaimer says $1.4 million cost.
It's been pumped for a while. Couple months maybe.
Tobin Smith would never steer you wrong!
The posting here came to a roaring halt at 5PM. Contract expired?
What is the story behind prosecutors saying there were no victims? That sounds odd.
That is not an article. Nor is it written by anyone working for the SF Chronicle.
It's a press release paid for by a pumper firm. Get real. Here's my question. Which of the posters here would feel badly about spreading lies?
Everyone stopped posting. Where did the excitement go?
With regard to shorting low priced stocks, keep in mind that the minimum (per the Federal Reserve) margin required is $2.50 per share. Most brokers use $5.00 per share.
This makes shorting most penny stocks uneconomic.
Another factor is the 'rebate' or fee to borrow the stock which most brokers, including IB, charge. That varies and can be well in excess of 100% per year.
AGRT
I see the new share count listed but no details on what the company received in exchange for the shares or to whom the shares were sold.
Do you have any additional information?
/s/ Brendt Strasler
-------------------------------
Brent Strasler
President and Director
Pursuant to the requirements of the Securities Act of 1933, this registration
statement has been signed by the following persons in the capacities and on the
date indicated.
/s/ Brendt Strasler
-------------------------------
Brendt Strasler
President and Director
Sheesh
I was unspecific. I meant to ask what the company received in exchange for these 60 million new shares. Appears to be unknowable, which is not kosher.
So where did the new 65 million shares come from? Don't see any reference to them in the news or filings.
I'm under the impression this is a different Yorkville.
I'm confused as to why DOMK's 8k today does not mention Strasler's employment at Yorkville.
I guess it's not the same Yorkville we are familiar with, but still this Yorkville shows Strasler as part of its management team.
http://www.yorkvillecapital.com/Team.html
Employee of Yorkville Capital Management now CEO of DOMK, a currently promoted bb stock. Is this the same Yorkville as the subject of this thread?
R. Brentwood Strasler
http://www.yorkvillecapital.com/Team.html
Domark's new CEO works for Yorkville Capital Management LLC.
http://www.yorkvillecapital.com/Team.html
Does Yorkville have an investment in DOMK?
Our Series A Preferred Stock is convertible into Common Stock at the rate of 1,000 shares of Common for each share of Preferred. In addition, our Preferred stock has voting rights equivalent to 1,000 votes per share. Upon the conclusion of the Armada transaction detailed above, Franklin became the controlling shareholder of Domark by virtue of his ownership of 50,000 shares of Preferred Stock with voting rights equivalent to 50,000,000 shares of our Common Stock.
It's like creme de la creme. creme de la texan ...
LOYAL3 Launches First Customer Stock Ownership Plan Making Stock Ownership Easy and Affordable for All Consumers
Source: PR Newswire (http://s.tt/1czOO)
Selling shares via Facebook. Ah, the free market. What could go wrong?
http://www.prnewswire.com/news-releases/loyal3-launches-first-customer-stock-ownership-plan-153036025.html
I'm thinking of the possibilities in treating securities as consumer goods. This could turn around our whole civilization.
Is what you refer to as the 'official report' a letter or statement from Grant Thornton? That is the important document that I believe is not yet released.
And, by the way, Grant Thornton is not a 'he'. It is a firm, not an individual.
In addition, this board should be for the open exchange of unbiased information. Efforts by Chenlu and yourself to censor other posters are very unethical and simply throw more negative light on the company.
When they say 'auditor', they mean the entire firm, not an individual accountant. The firm resigned, almost certainly because they could not find agreement with company on how to report something. This will be revealed when company files auditor letter with SEC.
Auditor resignations are bad news in 99.9% of cases.
That's one of the funniest posts of all time. Thanks.
"Yeah,it is possible.A auditor resign doesn't mean the earings has problem,it maybe the auditor's personal affairs."
On May 14, 2012, the Company’s independent registered public accountant, Grant Thornton, China member firm of Grant Thornton International (“GT”) notified the Company of its resignation from its engagement with the Company, effective immediately. GT was engaged as the Company’s independent registered public accounting firm and through the date of their resignation, had not completed its audit or provided a report on the financial statements of the Company for such period or any other period.
If shorts were available the price of DOMK would never have risen so stupidly high. It's the SHO regs that are letting scammer pumpers run wild.
Lots of people would love to short, but the regulations make it impossible. Maybe In two or three years the SEC will give the scammers a little wrap on the wrist.
Only the shorts can effectively police the market. The free market works. Let it.
DOMK is Exhibit 1 for why naked short selling is a good thing for the markets.
That a stock as corrupt as this can rise every day is an insult to market integrity.
How many shares are outstanding, fully diluted?
On March 5, 2012, Michael Franklin ("Franklin") purchased 50,000 shares of the Company's Series A Preferred Stock from Kidd. Our Series A Preferred Stock is convertible into Common Stock at the rate of 1,000 shares of Common for each share of Preferred. In addition, our Preferred stock has voting rights equivalent to 1,000 votes per share. Upon the conclusion of the Armada transaction detailed above, Franklin became the controlling shareholder of Domark by virtue of his ownership of 50,000 shares of Preferred Stock with voting rights equivalent to 50,000,000 shares of our Common Stock.
DOMK. Crazy price movement on scam stock... Not even trying to be coy.
This product is already available from a different company, or so it seems....
http://www.slashgear.com/gslo-volt-solar-charger-for-iphone-enters-mass-production-25136151/
It's called pumping. What the motivation is is hard to determine.
DROP is HSPO recycled. Same stuff. Same people. HSPO is $0.01.
I wouldn't agree that they had any great earnings yet. The Q3 profit was all just an accounting adjustment.
Is this the same product that HealthSport was developing? Sure seems similar..... Plus there's the M.E. Hank Durschlag connection.
Double Eagle Holdings, Ltd. - FORM 10-K - EX-31.1 - January 6, 2011www.faqs.org/sec-filings/110106/Double.../v207458_ex31-1.htmCached
Jan 6, 2011 – SARBANES-OXLEY ACT OF 2002. I, M.E. "Hank" Durschlag, certify that: ... /s/ M.E. "Hank" Durschlag. Chief Executive Officer ...
Healthsport, Inc. - faqs.orgwww.faqs.org/sec-filings/091116/...Inc_10.../c92691exv31w1.htm
Nov 16, 2009 – I, M.E. Hank Durschlag, certify that: 1. I have reviewed this quarterly report on Form 10-Q of HealthSport, Inc.; ...
HealthSport is a technology company specializing in the development and manufacture of proprietary, oral thin film products. We are dedicated to improving the quality of life through innovative delivery technologies for pharmaceutical, nutraceutical and veterinary products.
A pioneer in the industry, we were the first company to deliver a drug active via oral thin film with the development of the Chloraseptic® Sore Throat Relief Strips® in June 2003. Utilizing our patent pending, bi-layer technology, we have proceeded to develop and launch an impressive variety of dietary supplement and over the counter pharmaceutical thin film products, including those containing vitamins, minerals, electrolytes, sleep aids, caffeine, antioxidants and various over-the-counter drug actives.
Our thin film, which for most applications is similar in size and shape to a postage stamp, dissolves rapidly and utilizes patent pending “bi-layer” technology and other novel processes, including proprietary micro-encapsulation methods to mask the taste of actives in the film products. The result of this superior technology is higher quality, more stable products that support a platform capable of carrying larger product volumes and a more diverse array of active ingredients. We believe these qualities render our thin film effective, easy to use and suited for a multitude of consumer products in both the dietary supplement and pharmaceutical arenas.
We currently manufacture and distribute a number of nutritional supplement products formulated to contain electrolytes, vitamins, melatonin, caffeine, and other supplements. We are also currently conducting research and development related to future potential products that will contain over-the-counter and prescription drug actives. Based on our existing portfolio of intellectual property, we anticipate significant potential opportunities to develop business with pharmaceutical companies. We believe our thin film technology can be used to create new, more effective drug products that should enjoy strong physician, patient and consumer acceptance. One unique potential opportunity involves using our technology to enable pharmaceutical companies to better manage the life cycle of their products. By combining our thin film delivery technology with existing drugs, we may be able to strategically differentiate existing or soon-to-be generic drugs from potential generic competitors or provide branded prescription products with additional patent protection or exclusivity in the marketplace.
We intend to continue to make revolutionary advances in producing high-quality products that successfully address medical and consumer health needs while minimizing the risk of side effects.
Ethanol futures look horrible. Have you seen them?
If you are for real, you really should look into what profitability looks like come January. Granted, PEIX is likely to have nice Q4 results, but by the time they are announced management will be thinking about shutting plants down again.
http://www.cmegroup.com/trading/energy/ethanol/cbot-ethanol.html
The number of posts per day on this board suddenly dropped. Would that be a leading indicator?
I have a question. Why is BIOF up 26% today right along with PEIX?
Do you have ideas on that? These crazy moves just bewilder me sometimes.
Well, I've been making a good living shorting over-priced stocks for 15 years now, so I'll just stick with it.
Having said that, I don't deny at all that PEIX could rise even more in the short term. But eventually it will reflect the value of all future earnings, not just this year's or next's. The best indicator I have of that value is what they just bought 7% for.
That $4.5 million price looks like about half off to me, so yes. Plus they will likely experience short term earnings that might well pay off the investment in a single year.
Great deal for Pacific Ethanol, the company, seems to me. But it undermines the value of PEIX, the stock, since it exposes the true value of the plants.
I agree that my thinking is longer term than most people here. I was in the business of buying whole companies, so I think of stocks as only a share of the whole, not an independent crazily priced trading vehicle.
Ethanol is enjoying favorable crush spreads at the moment. That won't last. If it ever appeared to be lasting, then people would simply build more ethanol plants. ADM for example.
Short term the corn price decline and the sugar rise is certainly helping US ethanol producers. They certainly need the help after the experience of the last three years. But, it remains a commodity business.
Why do you think they were able to buy 7% for $4.5 million? How much of a discount below its market value do you think they could possibly have gotten? Even 50% discount doesn't help much to justify the share price.
As I view it, the stock did not rise on any fundamental news. All the news that reasonably affects value was already in after earnings came out.
Then there was a surge in volume and popularity of the stock. How that came to be is slighly mysterious, but one can get an idea by looking at posting history of folks here. They are mainly short-term penny stock players. Therefore the popularity is likely to fade in the coming months, and with it the share price.