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Finally, we've been tipped off about the 10-K numbers. What about that 80+MM in contracts sweet storry we've been hearing about all of last year? Any news about it Mr. Hawatmeh?
<<He said that with "auditors still finalizing results," CirTran expects to show a profit for the fiscal year as compared to a loss of $658,322 for fiscal 2004. "Hawatmeh also said that CirTran expects to report revenues of approximately $13 million, more than 45% better than the $8,862,715 reported for fiscal 2004.">>
Mike
Watch: GDVI.OB & VFIN.OB, near bottom, good value, low P/S. Do your DD, and you'll like them, IMO. Don't rush. Plenty of time (2 weeks to 1 month, respectively) to accumulate.
GDVI - PPS: 0.07's; P/S = 0.77, EPS positive; Explosive revenue growth; OS: 148 MM. Should report 10-Q around March 15. Expected record numbers. Modular school buildings.
http://finance.yahoo.com/q/ks?s=GDVI.OB
http://stockcharts.com/gallery/?GDVI
VFIN - PPS: 0.19's; P/S = 0.28, EPS near positive; Good, steady revenue growth; Cash/Share: 0.133; OS: 40MM. 10-K expected by the end of March, and I expect it to be good. Financing & one of the MM's.
Mike
Jim, I guess we didn't do a good job in reading the filling.
I sold this morning. Who will have thought that a former Nasdaq company will behave like an ordinary Nevada pinkie. Now, I know it's possible, and I bet the SOB's lied thru their teeths about the revenue, and especially the $3.3M net revenue.
Why if they indeed had such a net revenue would they need a 1:100 R/S. This turns out to be just another Nevada thing.
Mike
***Re: "I'd prefer to see .50, others more.....which would be fine by me either way."
Rushnet, what world are you leaving in? Or are you part of the scam? How much do you get for your stupid comments?
Watch out folks, this is just another rip-off Nevada company, IMO. I see the con artists tried all schemes in the book (and for sure each time told the bag holders the same nice stories they are telling you about selling some wonder drinks in ... Japan? Why not in the US? Cause you'll catch them faster, that's why):
* Formerly=Stop-N-Sock, Ltd. until 3-99
* Formerly=CostPlusFive.com, Inc. until 4-00
* Formerly=ComputerXpress.com, Inc. until 3-03
* Formerly=Aurora Precious Metals, Inc. until 9-03
* Formerly=V-Net Beverage, Inc. until 7-05
They just increased the authorized shares from 2 Billion to 4 Billion. Bob (the CEO) will take away your money one fraction of a penny at the time, then he will give you the "good shareholder value" he's promissing you in the form of a 1:1,000 (or more) R/S. That's the only way these crooks get filty rich, and once the game it's over you can't do anything about it.
Think about it: by selling you more than 300 MM shares @ 0.001 (average), he made more than $300,000 in a single day. That means more than $9 Billion/year. Not bad! Few legit large cap companies make that kind of net revenue.
PS: If you care to learn what your "golden future" will look like with these type of a Nevada scam, check out the site below:
http://www.geocities.com/p2saup33/
Hope you'll all learn something after reading it. If not, oh well ...
Take care folks!
Mike
Re:"...it doesn't matter how much u paid"
You are right. Small differences won't matter once this starts moving to the levels it belongs. Till then, let it do it's job for us. I exceeded my usual posting here, so I'll stand back from now on, and wait for it to happen.
Mike
Re: "i see this like you." Only got in yesterday (some @ 0.007, more at 0.006, and most @ 0.0053), but following it for a while.
Mike
Re: "...ppl think it's to good to be true"
My main criteria for a good OTC:BB pick are well satisfied:
1. Proven revenue - Yes, better than average
2. Good Y over Y, and Q over Q growth - Yes, better than average
3. Already EPS positive (or close to it) - Yes. very good.
4. Price/Sales < 1 (the lower, the better) - Yes, @ 0.015 it's one of the lowest I know.
5. Sitting at or near the bottom - Yes
6. Older company with a good chance for a turn-around - Yes
Today's news adds more strenghts to my conviction that this is the right pick for me, one that I intend to keep for a while.
PS: Is that your picture? Just curious.
Mike
Re: "50% retrace and now moving back up .023 still big volume."
So true! Somehow, it (the 50% retrace) it's working always when Stockguru's get involved:
Stockguru.com: Guru Alerts for Friday, February 24, 2006 GRYW, ADVC, PMED, GZFX.
Feb 24 2006 9:50AM ET
Stockguru.com: Guru Alerts for Thursday, February 23, 2006 NXPW, NWBT, FNIX, PMED.
Feb 23 2006 8:29AM ET
Stockguru.com: Guru Alerts for Wednesday, February 22, 2006 CEMI, PMED, NVAS, BBSE.
Feb 22 2006 8:22AM ET
Stockguru.com: Guru Alerts for Wednesday, February 22, 2006 CEMI, PMED, NVAS, BBSE.
Feb 22 2006 8:02AM ET
As per my post elsewhere (on the SSTY board - my last post there), I predicted PMED won't drop below 0.016 (in fact it did go to 0.0155). Based on this rule, bought yesterday more PMED @ 0.016, and also some more IGAI (@ 0.02, and 0.018), and plenty of DRDF. PMED started to move, and DRDF it's trying to. IGAI should follow (it dropped from 0.045, and it went at a larger than 50% drop over the last few days).
Mike
***Cleaver move on the part of Mgmt. Rather than relying on death spiral fnancing schemes (such as ofered by Cornell) to cover their debt, they issued covertible notes and warrants instead, that the investors only have the right to convert in two, and seven years respectvely, and this only in case the Company defaults on paying the interest payements.
The Price/Sales right now it's only 0.15! If the company continues to increase revenues, and net revenues, they should not have any problem paying it (the interest). Last Q they had a $3.3M net revenue, or 0.0043/share (calculated using the 771MM OS from the last 10-Q). The Y over Y, and Q over Q revenue/net revenue is following an explosive growth, so the Company appears to have a good business plan, and products that sell. Being debt free should help the company reistablish good credit, and accelerate the growth even further.
Usually, for an explosive growth company such this one, the PPS should be at least 20 times the EPS, or at least 0.085. This is in agreement with the average P/S ratio rule of 1.5 to 2. Based on this, from a ratio of only 0.15 at the present time, the PPS should go up by a factor of 10 to 15 times, or from 0.065 to 0.0975.
In my opinion, this stock should start moving at any time. The real move, that is.
Mike
Mike
Hey Quacker, where you've been? Glad to see you are still here. Did you add some more lately?
Mike
OT: I never thought I'll live to see a stock with a Price/Sales (P/S) ratio of 15,356! Compare it with a P/S ratio of 0.21 here. Now I know it's possible. Check out HYBT, and my comment on that i-Hub MB. For educational purposes, you might wish to read my post over there, and learn about the organized split games (there's a i-Hub MB dedicated to such split nasty games). Usualy, I dont get involved in things that do not concern me, but an OTC:BB pseudo-stock with a PPS of over $13/share, with no proven revenues, and a P/S ratio of over 15 thousand, and 8 splits (both F/S's and R/S's) over less than 3 years) just made me mad, and (since once upon a time I got myself tricked into such a scam) I decided to help some of those fools open their eyes.
Mike
Gateway, I saw your name on DRDF i-Hub, and by accident on the splits board. I hope you didn't buy this (HYBT) crap.
I just wonder who in the world is buying shares in a company with no proven revenue and a Price/Sales of 15,356 (record high to my knowledge):
http://finance.yahoo.com/q/ks?s=HYBT.OB
FYI, the average P/S ratio for an average OTC:BB stock is between 1.5 and 2. Some of them have a P/S below 1, e.g., DRDF @ 0.21, which is the lowest I know (way undervalued, despite the explosive revenue growth, and being already EPS positive - see below), others go up to several hundred i.e., CPVD:OB (P/S of 304); SKFT:OB (P/S of 225); MTNA:OB (P/S of 157), and MKOS:OB (P/S ~ 115) (the last I saw them). But, for Pete’s sake, a P/S ratio of over 15 thousand, I never saw such an anomaly.
To me, the only explanation is that the company (HYBT) is playing the split game on you:
http://finance.yahoo.com/q/bc?s=HYBT.OB&t=5y
I bet many people buying it are not even aware of all the splits this company made since July 2003:11-Jul-03 [1:10], 10-Mar-04 [3:1], 19-Nov-04 [3:1], 24-Feb-05 [11:10], 09-Mar-05 [1:10], 29-Aug-05 [105:100], 28-Nov-05 [105:100]. The one in March will be the 8-th split (forward this time – it’s how they catch your attention), but most probably after this they will dump another 1:10 RS on you. Look at their history. That’s how they make their money, you poor fools.
Just look at the finances (or lock thereof) of HYBT and a PPS of over $13 (!), and compare them with that of DRDF, that at a P/S ratio of only 0.21, and the outstanding 10-Q results that came out yesterday, it ended up in the low 0.005's today. Compare, and ask yourselves which one of the two has a better chance to give a good return.
Mike
----------------------------
SAN DIEGO, Feb. 22 /PRNewswire-FirstCall/ -- Dalrada Financial Corporation (OTC Bulletin Board: DRDF - News) today announced its financial results for the second quarter ended December 31, 2005. The Company reported revenues of $17.8 million for the quarter, a 263 percent increase over the prior year period. Net income for the second quarter was $3.3 million. For the six-month period ended December 31, 2005, Dalrada reported revenues of $29.9 million compared to $9.4 million in the prior year period. Net income for the six month period was $3.1 million.
"For your order to buy 580000 shares of DRDF at 0.006 limit, good for today:
You bought 580000 shares of DRDF at $0.006 on 02/23/2006."
Bought 400K more @ 0.007.
See you folks into the pennies.
Mike
Welcome "Gateway." Glad to see you here. I see you are the main poster on the DRDF board, and like myself go after good OTC:BB bottoms (low Price/Sales, proven revenue, and explosive growth). Bought today 400K of DRDF @ 0.007, and based on finances, I believe it will go into pennies soon.
GDVI will give us some nice reward starting next month. Same as DRDF, it's a keep.
Mike
This is a screeming BUY. The Price/Sales is ONLY 0.2! It should be between 1.5 and 2. After yesterday's news (EPS positive), and the explosive revenue growth, this should go into pennies after the flip-floppers get their money. This is a medium-term keep.
Mike
OT: My liquidation sale @ 0.002 was over today, so I'll be out of here, and of ANY grey pseudo-stocks, forever. Only had 730K anyway.
Because this is the last post, I hope no one will mind me alerting (whomever has some cash available, and is willing to do his/her own DD), on:
GDVI - should start moving soon (4+ MOMO) possible by the end of next month, IMO. It's a bottom, EPS positive, explosive revenue growth, with a Price/Sales of only about 0.6. Today it gained some volume.
VFIN - with a Price/Sales of only about 0.3, next month after the earnings release, it should move. My target: 4 to 5 MOMO from today's price of 0.19.
IGAI, after going to 0.045, it completed today the 50% retreat (to 0.021 - and a MM play pushed it to 0.0195 AH). Expecting it to go back, and more. The P/S ratio it's ONLY about 0.2.
PMED, after reaching 0.032 yesterday, it retrived to 0.019 today. The lowest it can go, IMO, it's 0.016 or so (the 50% retreat). Also low P/S ratio. I expect it to go back, and more.
LTHU, still has large losses, but it just started to sell it's proprietary lithium batteries. At low 0.02's, it's a bottom with lots of potential. It's been trying to move over the last week or so.
Good luck folks, and I hope SSTY will give you some nice return afterall.
Mike
Squire, welcome to the IGAI board. So that you aren't "jealous" anymore:
"For your order to buy 132000 shares of IGAI at 0.02 limit, good through the end of next month:
You bought 122000 shares of IGAI at $0.02 on 02/22/2006.
This is a notification of a partial fill."
This was supposed to be the 50% retreat. Instead it went a bit lower (from 0.045 to 0.02). I believe this is the lowest it can go.
Mike
Congratulations Dsp,
You got a lower entry than my average, both on GDVI, and VFIN (where, although I bought quite a few shares lately, I have an average of 0.218). For a short while today I was on positive teritory with GDVI. It doesn't matter, as when they start moving these small differences do not matter anymore.
PS: Thanks for re-posting. Can you also post the DD, and the Amex info?
Mike
AMEX Requirements:
http://www.venturelawcorp.com/listing_requirements_amex.html
Standards I, and II require a PPS of $3/share. There are NO PPS requirements for Standard III.
Example: GTEL, prior to AMEX listing (as GTE) had a PPS of about 0.25. So, the only requirement to be met is the number of shareholders, which will come, IMO, once the move begins.
Mike
Dsp, can you, please copy and post "GDVI DD" on RB? TIA.
PS: FYI: Climber is the largest single long-time investor in GDVI. He took several trips from Boston to CA to see the factory, and he was pleased with what he saw.
PPS: RB has several long-term bashers. They come in when the PPS is down, but dissapear when it starts moving. Just neglect them.
Mike
***GDVI DD:
1. Web site:
http://www.gdvi.net/
2. Charts:
2.1 StockCharts.com
http://stockcharts.com/gallery/?GDVI
2.2. Barchart.com
http://quotes.barchart.com/texadv.asp?sym=gdvi
3. Basic DD:
3.1. Y over Y, and Q over Q financials:
http://finance.yahoo.com/q?s=gdvi.OB
3.2. Key Statistics:
http://finance.yahoo.com/q/ks?s=GDVI.OB
4. Better DD:
http://www.ddmachine.com/default.asp?s=gdvi.ob
5. Advanced DD:
http://www.finitesite.com/irishbull/
6. Maintainance-type DD:
6.1 SEC fillings:
http://www.pinksheets.com/quote/filings.jsp?symbol=gdvi
6.2 What others are saying:
http://www.boardcentral.com/
Mike
Dsp, check out the graph over the last 3 years:
http://www.pinksheets.com/quote/chart.jsp?symbol=GDVI&duration=2-6-9-0-0-536
Do you see what I'm seeing? The real move allways came after the mid-March 10-Q. With this one (last year 10 Q came out on March 16) expected to show record revenue (and hopefully even better net revenue), the move should duplicate the one in 2004 (when I got out with a 12 MOMO). Started to load again in the deeps since then.
Although I've been adding myself lately, my average is slightly higher @ 0.071 (less than 25% of the sale price I got in 2004). You got in just in time. Take advantage of it, and do not sell for small change, IMO. From this level, by the same time next month we have a real chance for at least a 4 MOMO, or more. The company is already EPS positive for the last several Q's, and as probably you already know it's experiencing an explosive Y over Y, and Q over Q revenue growth. After the move next month, I believe Mr. Hamilton will make good of his promise to move it to AMEX. After that (if everything goes right), this can become a multi $ stock very soon, IMO.
Mike
Welcome Dsp,
You made a good entry both in PMED, and GDVI. I'm relatively new in PMED myself (since 0.004, a month ago - when I posted the alert), but long-term with GDVI and VFIN. These two should start moving next month after the fillings. Bothy are heavily underalued at this point, so I don't expect one to get a chance for a lower entry.
PS: I only have 730K SSTY. Based on the (faked) out of this world news, and I wanted to buy a lot mor, but I'm glad I did not. I have a "liquidation sale" @ 0.002 (as I posted there), compared to my entry point of 0.0035. Never, ever, again a grey stock in my books from now on.
Don't be a stranger!
Mike
I'm serious about the liquidation sale: @ 0.002. Can't compete with these crooks though. Only have 730,000 shares, while the con artists might have installed a second printing press, and sell at any price (even at 0.001 today). The imbeciles will still sell @ 0.0001, I suppose. Then this stock will become an worthless forgotten shell, while the bag holders will receive 5% of a probably another worthless OTC:BB stock. At least that's how I see it.
Take care folks, and (again) if you believe it's worth it, here's your chance: buy 730K shares @ 0.002.
Mike
Liquidation Sale @ 0.002. C-mmon folks, get them!
Mike
SSTY shares for sale @ 0.0025, while supplies last!
Hey folks, why pay more? Buy them from me.
Mike
OT - Re: "look at AURC this weekend"
Bigmellons,
Thanks. I'm well aware of this company. One has to be very cautious with companies promissing the moon. I know the Russians quite well, and I can guaranty you they will NEVER (not in the near future at least) allow anyone from outside mother Russia control a good business over there, especially when their raw resources are concerned.
I prefer to go with a high growth potential US company with the main opperations in the US. For instance, on Friday I bought (near the bottom) some 300K of LTHU (after I received the response from the company that NO R/S is planned for the near forseeable future, as a RB individual launched the rumor). The Lithium battery they are developing will be a winning solution for many applications (including, but not only laptops). The market value will grow some 700% over the next 5 years, and the company is one of the main players, which is good. Although they still have high losses (after spending some 50 MM on R&D), they just started to sell the batteries here, in Europe, and elsewhere. At low 0.02's it's at the bottom right now (especially thanks to the poisonous Cornell financing, I believe). Not many people know about this company (I guess only the RB is active), as opposed to AURC, which as you know is heavily promoted by many "newsletters." If you are in it, after you make some money, I don't think you should keep AURC for too long. But, that's AJIMHO. Too risky for me!
Mike
*****To all SSTY folks:
Re: "There is only one market maker on this stock and becaue of the risk, it is only match trades and the market maker wants a huge spread."
Thanks John,
Do you know the name of the sole MM here? Just curious. TIA
Good luck to you with this stupid thing. Someone of your determination could do a lot better with undervalued legit stocks, if you adopt the right strategy in selecting them.
To All (sorry experienced investors: I'm well aware you already know about these thinks):
If you or anyone else losing money here care to know about a winning strategy: here's mine, and which works. Although I also go for large caps, in my experience best results can be made with hand picked OTC:BB stocks. My criteria for good OTC:BB stock are: (i) proven revenue, (ii) positive book value, (iii) agressive Y over Y, and Q over Q growth, (iv) already EPS positive (or close to it), (v) with a Price/Sales < 1 (the lower, the better), (vi) low OS, (vii) yet sitting at or near the bottom. If you are aware of such a stock(s), I would very much appreciate you letting me know. Over the last month or so, using the above criteria I alerted (see those boards): PMED (@ 0.004), and IGAI (@ 0.015). Yesterday PMED went to a HOD of 0.027, and IGAI went to 0.045. I'm using the above strategy for about 3 years, and it works. It helped me pick many winners, like MOBL in Dec. 03 (average In @ 0.025, and Out @ close to 0.4 last year).
Examples of two good OTC:BB stocks (that satisfy the above criteria) and which after the SEC fillings next month are prone, IMO, for at least a 3 MOMO:
1. VFIN:OB, it's sitting near the bottom @ 0.19. Not for long, IMO. The Price/Sales (P/S) ratio it's of ONLY about 0.28 (Comparing to an average of 1.5 to 2 for an average promising penny stock).
http://finance.yahoo.com/q/ks?s=VFIN.OB
Compare the P/S of stocks you have with this one. Some OB pennies have a P/S of over 100, i.e., CPVD:OB (P/S of 304); SKFT:OB (P/S of 225); MTNA:OB (P/S of 157), and MKOS:OB (P/S ~ 115).Since the company has a Total Cash Per Share almost as much as the price per share (PPS), and the company is near breakdown (in fact for several recent Q's it was EPS positive), the PPS, IMO, should be at least five (5) times higher, or at least $0.95 (assuming a P/S of more than 1.5), and much higher given the potential for growth after the two recent acquisitions. Check out VFIN's (one of the MM's) Y over Y, and Q over Q finances, the latest news, etc., and I think you'll like it as much as I am. Do your own DD, and do it well.
2. GDVI:OB (P/S ~ 0.6, already EPS positive, and experiencing an explosive growth), yet sitting near the bottom (@ < 0.07 right now), and poised for a good move, IMO.
Again, do your own DD on the two stocks above. For a good DD, I'm using:
1. Basic DD:
http://www.marketwatch.com/tools/marketsummary/screener.asp?exchange=118&view=5&lookup=Look+...
I.e., for 52 weeks low OTC:BB stocks, and R/S history. I don't want any stocks with a recent R/S history, and those with multiple R/S's are excluded. You can also look at the 52 weeks lows of the other exchanges (it gave me a 16+ MOMO on Nortel -NT, some 3 years ago. Bought it at < 0.5, and sold it a year + later @ 8.2 average) and to the other goodies there.
2. Yahoo finances:
http://finance.yahoo.com/q/ks?s=gdvi.OB
for P/S, P/B, OS, etc. Also check out the finances for the Y over Y and Q over Q revenue growth rate, and the net gain evolution.
3. For a better DD, go to:
http://www.ddmachine.com/default.asp?s=gdvi.ob
Learn this "machine." Go through everything to familiarize yourself with this. You can also take a fast look at what some boards are saying, while over there.
4. Message Boards (Board Central, the best):
http://www.boardcentral.com/gdvi/gdvi.cgi
5. SEC Fillings:
http://www.pinksheets.com/quote/quote.jsp?symbol=vfin
6. Best DD:
http://www.finitesite.com/irishbull/
Go through everything, as an exercise. It helps.
PS: I prefer stocks with a PPS below 0.2 as an entry point. If you like my strategy, and care for a good exchange of winning stock ideas (not SSTY-type), or if you find a good one (e.g., SEVI type, which last week gave me a 3+ MOMO before I even managed to do a good good enough DD on it), please let me know about it in one of my other boards (this one is too crowded).
Have fun!
Mike
Re:"...if you REALLY want out put in a market order and give the MM some more ill gotten gains."
My question was why the sales @ 0.005 go, and mine at 0.004 does not. I wouldn't put the blame on the MM for the price anomaly here. It's the idiotic pseudo-company and its stupid Mgmt selling all they can even at below 0.002. They will continue to sell all the way down to 0.0001 I believe.
I care less. Making good money with legit companies (e.g., PMED in at 0.004, IGAI in at 0.0135), only have a messy 1 M shares here (was supposed to buy more, but the Company's crooks did not answer to my E-mail) and planning to get rid of them next week. I never went for before, and for sure I'll never touch again any grey thing, ever.
Mike
Question to the board
John, or anyone else: was any of you able to sell any shares here? I have a sell order @ 0.004 for more than a week, and it doesn't get filled although the PPS goes now and then @ 0.005. If any of you already managed to sell anything lately, what was your sell order? I want out! TIA
PS: John, you trully put so much work here. Do you really believe that this grey stock (and future shell company) is worth anything?
PPS: This is my very first grey stock, and it will be for certain the last.
Mike
The CEO traveling to China this week? Anyone knows anyting about this? This was posted on Friday of last week.
According to Rob, in my IGAI IHub MB:
"HI Mike, excellent potential here, grabbed some .019,sold half and bought a bunch more at.015! I could see this bounce back to the .04-.05 cent range easily, it moves fast on very little buying pressure! still in PMED?, have sold a third of mine,still holding a pile of free ones,chart is screaming breakout! CEO is leaving for China this week to drum up business and has said he will have a shareholder update released before he leaves,he will post via website and hopefully a PR glty Rob"
Mike
Rob,
Nice move! Do you still have it? During the drop on Monday, I bought enough to lower my average to 0.0135. Hard to resist a 3 MOMO. So, I sold most of mine thin morning at and near the EOD. Left only enough shares so as to have an incentive to follow how it does in the near future. I'll buy it again if it goes below 0.02.
Looking for some other good entry OTC:BB stocks. My criteria for a good OTC:BB stock are: (i) proven revenue, (ii) good Y over Y, and Q over Q growth, (iii) already EPS positive (or close to), (iv) with a Price/Sales < 1 (the lower the better), (v) low OS, (vi) yet sitting at or near the bottom. If you (or anyone here are aware of such a stock(s), I would very much appreciate you posting it here. TIA
Check out: GDVI @ VFIN. Should move soon. At today's prices, by next month (after the earnings), I'm looking for at least 3 MOMO (GDVI), and at least 2 MOMO on VFIN. Do your DD, and I trust you'll love them.
Mike
Rob, good for you. Of course, I was there on the buying side. As usual some people (the ones that panic, and sell) do not know how to valuate a company. What in the world are they "thinking" it's beyond me. To dump a stock with a proven explosive revenue of above $20 MM for the last 9 months, with Q over Q growth of 400%, and only some 20 M OS, when the Price/Sales is just 0.02, what can I say? I bet some of them got into "sexy" companies like "PAPO" which this morning (before it tanked) riched a P/S ratio of as high as 350.
As a general rule, in days when the large cap companies get a good up like today, the pennies go down, and the other way around. Today my pie was green on the large cap side, and red on the pennies side.
Mike
Price target $.10-$.15? I'll take even 0.02 to 0.05.
Mike
Rob,
I also think IGAI will bounce back soon. I've never saw a P/S ratio of 0.01 for a company that has proven (explosive growth) gross revenue, and significant decline in the net revenue loss. That's strange. I also bought first @ 0.019, and then a bunch more @ 0.0151. I also sold some PMED @ 0.0135 (still have over 1MM free shares), and used the proceeds to buy IGAI. Just could't resist as my average there was 0.00405. My other pet pennies (GDVI & VFIN) have yet to start moving.
Best of luck to you,
Mike
Good job Johncee! Do you or anyone else here know the OS #?
Mike
Re: Still have the shares I bought back a while ago, and although not very optimistic about the 10-Q results, I'm still hoping for the best.
I was talking about my MOBL shares, of course.
Mike
OT: To my MOBL friends - if you missed my PMED call (@ 0.004), here's another good chance (it could be even better, IMO).
PS: Still have the shares I bought back a while ago, and although not very optimistic about the 10-Q results, I'm still hoping for the best.
Mike
***IGAI Alert & Opinion
1. It has reached the bottom, IMO.
2. Heavily undervalued:
http://finance.yahoo.com/q/ks?s=IGAI.OB
Check out the Price/Sales ratio. At 0.01 it is by far the lowest of any OTC:BB penny stock that I know about. The P/E ratio on average should be between 1.5 and 2. Hence, the PPS should be 15 to 20 times higher. Some pennies have a P/S ratio of over 100, i.e., ACUP @ 112, and SKFT @ 225 (last time I checked).
Opinion
1. With any news, the PPS should see a sharp jump from here, because of:
* Low OS (only about 22MM)
* Proven revenue (the 20.6 MM revenue for the last 9 months, it's much higher than that of most stocks with OS in the same range, that have a PPS of over 0.1/share).
* Explosive growth (last Q Revenue up 419% compared to same Q of last year - see the last SEC filling, or for convenience see below)
* Increasing gross profit, and decreasing net revenue loss
Do your DD, and do it well. You'll be happy you did it, IMO
Mike
-----------------------
IGIA Announces Third Quarter Financial Results
Monday January 30, 8:07 am ET
Quarterly Revenue up 419%
NEW YORK--(BUSINESS WIRE)--Jan. 30, 2006--IGIA, INC., (OTC: IGAI.OB - News) , a designer, developer, and worldwide direct marketer and distributor of innovative personal and home care items, announced today its financial results for the fiscal third quarter and nine months ended November 30, 2005. IGIA reported revenues of $7,921,688 for the fiscal third quarter ended November 30, 2005, a 418.9% increase compared to $1,526,539 in revenues for the three months ended November 30, 2004. IGIA reported revenues of $20,658,723 for the nine months ended November 30, 2005, a 104.6% increase compared to $10,098,522 for the nine months ended November 30, 2004. Gross profits for the three and nine month periods ended November 30, 2005 were 5,820,669 and $14,837,347, respectively, as compared to losses in the comparable 2004 periods.
For the third quarter and nine months ended November 30, 2005, IGIA's net losses were $2,139,207 or $0.12 per share and $5,185,242 or $0.29 per share, respectively. Contributing to IGIA's losses in the current fiscal year was the expense of reorganizing the operations of its subsidiary, Tactica International, Inc., which had its plan of reorganization confirmed on January 12, 2006 by the United States Bankruptcy Court for the Southern District of New York. Professional fees associated with the reorganization were $469,762 and $1,477,896 respectively for the three and nine month periods ended November 30, 2005. For the third quarter and nine months ended November 30, 2004, the Company's net losses were $6,711,550 or $0.37 per share and $12,559,629 or $0.70 per share, respectively.
The increases in revenue and gross profits reflect the Company's focus on selling its products directly to consumers through responses to its television infomercials. The Company significantly increased its purchases of television advertising to generate the results for the fiscal third quarter and nine month period ended November 30, 2005. Media advertising expense for those periods was $2,962,797 and $7,398,226, respectively.
Avi Sivan, CEO of IGIA, Inc., stated, "We are pleased to be focusing on direct response sales, the foundation of our business. Consumer acceptance of our innovative products is encouraging. With direct response sales driving revenues and a new operating structure coming into place, we view our future with renewed optimism. Management, the employees and our advisors are committed to the challenges ahead."
About IGIA
IGIA, Inc. is a designer, developer, and worldwide direct marketer and distributor of innovative personal and home care items. Its globally recognized portfolio of brands includes IGIA®, Wind Storm(TM) and the registered proprietary As Seen On TV(TM) logo. The IGIA name ranks amongst the most recognizable personal care brands as cited by an industry publication. In addition, Tactica markets and sells these products through TV infomercials, mass-market retailers as well as specialty retailers, catalogs and through http://www.igia.com
This press release contains forward-looking statements. The words or phrases "may," "intends," "expects," "estimate," "indicate," "plans," "anticipates," "could," "if," "will," "should" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These risks and uncertainties include: (a) whether Tactica will emerge from bankruptcy as a viable entity following its filing of voluntary petition for protection under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York (docket 04-16805) on October 21, 2004; (b) whether IGIA and/or Tactica will obtain additional financing to adequately operate its business and execute acquisitions; (c) other factors set forth in IGIA's periodic reports and registration statements filed with the Securities and Exchange Commission, which may be reviewed by accessing the SEC's EDGAR system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. IGIA cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, IGIA does not undertake, and IGIA specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Contact:
for IGIA, Inc.
General Counsel:
Paul Greenfield, 212-575-0500 x134
***IGAI Alert & Opinion
1. It has reached the bottom, IMO.
2. Heavily undervalued:
http://finance.yahoo.com/q/ks?s=IGAI.OB
Check out the Price/Sales ratio. At 0.01 it is by far the lowest of any OTC:BB penny stock that I know about. The P/E ratio on average should be between 1.5 and 2. Hence, the PPS should be 15 to 20 times higher. Some pennies have a P/S ratio of over 100, i.e., ACUP @ 112, and SKFT @ 225 (last time I checked).
Opinion
1. With any news, the PPS should see a sharp jump from here, because of:
* Low OS (only about 22MM)
* Proven revenue (the 20.6 MM revenue for the last 9 months, it's much higher than that of most stocks with OS in the same range, that have a PPS of over 0.1/share).
* Explosive growth (last Q Revenue up 419% compared to same Q of last year - see the last SEC filling, or for convenience see below)
* Increasing gross profit, and decreasing net revenue loss
Do your DD, and do it well. You'll be happy you did it, IMO
Mike
-----------------------
IGIA Announces Third Quarter Financial Results
Monday January 30, 8:07 am ET
Quarterly Revenue up 419%
NEW YORK--(BUSINESS WIRE)--Jan. 30, 2006--IGIA, INC., (OTC: IGAI.OB - News) , a designer, developer, and worldwide direct marketer and distributor of innovative personal and home care items, announced today its financial results for the fiscal third quarter and nine months ended November 30, 2005. IGIA reported revenues of $7,921,688 for the fiscal third quarter ended November 30, 2005, a 418.9% increase compared to $1,526,539 in revenues for the three months ended November 30, 2004. IGIA reported revenues of $20,658,723 for the nine months ended November 30, 2005, a 104.6% increase compared to $10,098,522 for the nine months ended November 30, 2004. Gross profits for the three and nine month periods ended November 30, 2005 were 5,820,669 and $14,837,347, respectively, as compared to losses in the comparable 2004 periods.
For the third quarter and nine months ended November 30, 2005, IGIA's net losses were $2,139,207 or $0.12 per share and $5,185,242 or $0.29 per share, respectively. Contributing to IGIA's losses in the current fiscal year was the expense of reorganizing the operations of its subsidiary, Tactica International, Inc., which had its plan of reorganization confirmed on January 12, 2006 by the United States Bankruptcy Court for the Southern District of New York. Professional fees associated with the reorganization were $469,762 and $1,477,896 respectively for the three and nine month periods ended November 30, 2005. For the third quarter and nine months ended November 30, 2004, the Company's net losses were $6,711,550 or $0.37 per share and $12,559,629 or $0.70 per share, respectively.
The increases in revenue and gross profits reflect the Company's focus on selling its products directly to consumers through responses to its television infomercials. The Company significantly increased its purchases of television advertising to generate the results for the fiscal third quarter and nine month period ended November 30, 2005. Media advertising expense for those periods was $2,962,797 and $7,398,226, respectively.
Avi Sivan, CEO of IGIA, Inc., stated, "We are pleased to be focusing on direct response sales, the foundation of our business. Consumer acceptance of our innovative products is encouraging. With direct response sales driving revenues and a new operating structure coming into place, we view our future with renewed optimism. Management, the employees and our advisors are committed to the challenges ahead."
About IGIA
IGIA, Inc. is a designer, developer, and worldwide direct marketer and distributor of innovative personal and home care items. Its globally recognized portfolio of brands includes IGIA®, Wind Storm(TM) and the registered proprietary As Seen On TV(TM) logo. The IGIA name ranks amongst the most recognizable personal care brands as cited by an industry publication. In addition, Tactica markets and sells these products through TV infomercials, mass-market retailers as well as specialty retailers, catalogs and through http://www.igia.com
This press release contains forward-looking statements. The words or phrases "may," "intends," "expects," "estimate," "indicate," "plans," "anticipates," "could," "if," "will," "should" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These risks and uncertainties include: (a) whether Tactica will emerge from bankruptcy as a viable entity following its filing of voluntary petition for protection under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York (docket 04-16805) on October 21, 2004; (b) whether IGIA and/or Tactica will obtain additional financing to adequately operate its business and execute acquisitions; (c) other factors set forth in IGIA's periodic reports and registration statements filed with the Securities and Exchange Commission, which may be reviewed by accessing the SEC's EDGAR system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. IGIA cautions readers not to place undue reliance on such statements. Unless otherwise required by applicable law, IGIA does not undertake, and IGIA specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Contact:
for IGIA, Inc.
General Counsel:
Paul Greenfield, 212-575-0500 x134
QED!
http://clearstation.etrade.com/cgi-bin/intra?Symbol=INTC&cs=AMD&ci=None>yp=Default&...
Another former glory (Ford) has finally realized that w/o true innovation it can't survive. But, this only after losing lots of its once large market share.
Will Intel wake up, or will do so only after losing their former status of being the best? I sure hope so, although somehow I doubt it. Time will tell.
Mike