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Chip, saw your posts on RB. Not nice!
You better take advantage of the new bottom, IMO:
http://stockcharts.com/def/servlet/SC.web?c=gdvi,uu[w,a]daclyyay[pb50!b200][vc60][iUf!La12,26,9]&...
I for sure do:
"For your order to buy 65000 shares of GDVI at 0.0651 limit, good through the end of next month:
You bought 50000 shares of GDVI at $0.0651 on 02/02/2006.
This is a notification of a partial fill."
Got this order filled, and others over the last several weeks, and hope with the same results (or better) than last year when the PPS reached a bottom in the mid 0.04's (and when arguable I was the most agressive buyer).
For now, if you like the new bottom, get some, IMO, as for sure you'll enjoy the new hights that will come soon, IMO.
Mike
Lavern, the last (4-th Q) 10-Q has been posted on November 15. The next filling should be the annual (10-K) sometimes around April 15, followed by the 1-st Q 10-Q about one month later.
http://stockcharts.com/def/servlet/SC.web?c=CIRT,uu[w,a]daclyyay[pb50!b200][vc60][iUf!La12,26,9]&...
In the mean time, plenty of time for the graph to follow it's abrupt descending course. And, it will unless the company comes up with some real good news. Hope no more about further diluting us.
The last week blah-blah type PR's won't lelp. B4 the several previous 10-Q's the company has tipped off the shareholders well in advance about the numbers. Not now. Wonder why.
Mike
Price/Sales ratio grew to 0.15. It's still the lowest I know. The average pennies have a P/S from 1.5 to 2 (some of them - like MTNA which has a P/S of about 150, and some of them go even higher). From this point forward, the PPS should go up 10 to 13 times (or from 0.08 to about 0.1).
http://finance.yahoo.com/q/ks?s=PMED.OB
Opinion: Hang on, it will go a lot higher, IMO.
Mike
Re: OS is 52.96 MM (according to UKCop.com). See below.
Also, a bounch of other alerts on PMED yesterday and today:
*Stockguru.com: Guru Alerts for Tuesday, January 31, 2006 OGHC, SUWN, TREN, PMED.
Jan 31 2006 10:16AM ET
*OTCPicks.com: Daily Market Movers Digest Midday Stock Alerts, Monday, January 30th, CTBG, PECB, PMED, CLRI, EPHM, BIGN
Jan 30 2006 1:13PM ET
*UKCap.com: Initiates Profile on Paradigm Medical Industries, Inc. (OTCBB: PMED) for Monday January 30, 2006.
Jan 30 2006 12:00PM ET
*Stockwire.com: The Movers and Shakers Blog, Part 3:
Jan 30 2006 11:27AM ET
*BUYINS.NET: TNOG, ACUP, ENDO, IMDS, MMIO, PMED have also been added to naked short lists today
Jan 30 2006 10:47AM ET
See:
http://www.pinksheets.com/quote/news.jsp?symbol=PMED
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
UKCap.com: Initiates Profile on Paradigm Medical Industries, Inc. (OTCBB: PMED) for Monday January 30, 2006.
Jan 30, 2006 (M2 PRESSWIRE via COMTEX) -- Sign-up for our FREE Stock Alerts at http://www.UKCap.com!
UKCap.com strives to find dynamic issues that are unknown or undervalued but because of their technology, approach, executive team, recent discoveries or other key factors, could advance in the market. UKCap.com has identified the following company based on these issues: ViRexx Paradigm Medical Industries, Inc. (OTCBB: PMED) up 43.64% with 4,979,886 shares trading hands this morning.
Chart: http://www.smallcapusa.com/site/symbol_chart.php?symbol=pmed.ob
Paradigm Medical Industries, Inc. (OTCBB: PMED) engages in the development and marketing of diagnostic equipment for the ophthalmic market. Its product families of topographers, autoperimeters, and ultrasonic biomicroscopes combined with its Blood Flow Analyzer help the eye care professionals community diagnose and treat disorders of the eye, such as glaucoma, cataracts, and age-related macular degeneration. Its products include LD400, a voice-based, affordable, computer autoperimeter capable of threshold, fast threshold, and suprathreshold testing; CT200E, a computer-based corneal topographer with output for contact lens fitting, as well as pre and post refractive surgical measurements; Ocular Blood Flow Analyzer, a tonometer designed to measure intraocular pressure and sensitive enough to detect pulsatile blood flow; P37 A-B Scan, an ultrasonic A and B Scan for biometry and imaging of the retina; P40, an ultrasonic biomicroscope; P45, an ultrasonic biomicroscope with A and B Scan capabilities in addition to 35 MHz; and P60, an ultrasonic biomicroscope with sulcus-to-sulcus imaging and self-contained water path probe. It markets its products through direct sales representatives, independent sales representatives, and ophthalmic product distributors in the United States, as well as internationally through a network of dealers. The company was founded by Thomas F. Motter and Robert W. Millar in 1989 and is headquartered in Salt Lake City, Utah. With 52.96 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of PMED
To chat with other investors on this company visit http://www.smallcapcommunity.com "SmallCap Community is a rapidly growing community of investors looking to network, meet new people, exchange ideas, and make smarter investments!"
COMMENTARY:
Stocks showing interesting activity Friday at the close of the regular trading day were: SIRIUS Satellite Radio (NASDAQ: SIRI) up 0.8% on 47.5 million shares traded, Broadcom Corp. (NASDAQ: BRCM) up 18.9% on 43.4 million shares traded and Time Warner (NYSE: TWX) up 1% on 22.1 million shares traded.
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UKCap.com based upon information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by UKCap.com to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. Learn more at http://www.ukcap.com/glossary.htm This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. UKCap.com is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.UKCap.com or mentioned herein. UKCap.com has not been compensated by any of the companies mentioned in this opinion. UKCap's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event of a rise in value. UKCap.com will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. To view full disclaimers, go to http://www.UKCap.com/disclaimer.htm.
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Does anyone know the PMEDW warrant to PMED stock conversion rate? It can go up to 100, but it's usually lower. I see PMEDW move over the last several days has the same trend as the PMED move, as it should be.
TIA,
Mike
Thanks Smokeeater,
I'm new with this stock, and was not aware the company has issued warrants. I agree with you. PMED is a much safer bet.
Mike
----------------------------
<<The warrant is a common financing method for some startup companies.
As an example of a "condition," there may be an exchange privilege which lets you exchange 1 warrant plus $25 in cash (or even no cash at all) for 100 shares of common stock in the corporation, any time after some fixed date and before some other designated date. (And often the issuer can extend the "expiration date.")
So there are some similarities between warrants and call options for common stock.
Both allow holders to exercise the warrant/option before an expiration date, for a certain number of shares. But the option is issued by independent parties, such as a member of the Chicago Board Options Exchange, while the warrant is issued and guaranteed by the corporate issuer itself. The lifetime of a warrant is often measured in years, while the lifetime of a call option is months.
Sometimes the issuer will try to establish a market for the warrant, and even try to register it with a listed exchange. The price can then be obtained from any broker. Other times the warrant will be privately held, or not registered with an exchange, and the price is less obvious, as is true with non-listed stocks.>>
For more information about stock warrants, you might visit http://www.stockwarrants.com/
Re: PMEDW
Anyone can let me know about PMED and PMEDW connection? TIA
Mike
OT: To my MOBL friends. PMED Alert @ Opinion
As some of you might know I sold last year my MOBL position, but got back in a while ago, and hoping for another move. Just posted this on PMED board, and thought some of you might wish to take a look at it. Do your own DD, and you might like what you see. If anyone decides to get in don't blame me if I'm wrong, but I would appreciate you posting a thank you note on that board if I'm proven to be right.
Mike
---------------------
This stock (with no history of R/S) used to be as high as $13/share in 2000:
http://quotes.nasdaq.com/quote.dll?page=charting&mode=basics&intraday=off&timeframe=9y&a...
Bad Mgmt (that IMO included the last CEO - John Y. Yoon), and R&D expenditure made revenue decline, and the PPS took a furious drop to today's value of 0.005's. The Price/Sales (P/S) ratio @ ONLY 0.08 is by far the lowest of any penny stock I know about. Plus, the company has a low OS of only 53MM shares:
http://finance.yahoo.com/q/ks?s=PMED.OB
Spoke again to the new CEO on Friday, and he seem determined to turn the Company around. From his resumee I see he is well qualified with a good work history (see below). He left a much better paid VP job to take over this company, and at 57 this might be his last chance to make it or blow it. In my opinion he will make it happen. Call him yourselves: (Mr. Raymond Cannefax) @ 801-977-8970
Opinion:
If (as sno said) were lucky enough as I was to get in at this price, and those that (as someone here said) will be lucky enough to get in below 0.01 (the price that the new CEO will pay for his stock options) my advice to you is to keep it long, and I trust you won't be sorry. The situation here takes me back to MOBL of Dec. 2003 when the new CEO (Jay Wright) took over. After calling him several times, In Dec. 03, I loaded the boat between 0.018 and 0.03, and sold my position
last year at mid 0.3's. The chance is good the same it will happen here. But, don't take my word for it. Call yourself the CEO, and let us know your thoughts. You might have to call several times until you get through.
Good luck everyone,
Mike
----------------------------------
"Mr. Cannefax, age 57, previously served as the Company's Vice President of Sales and Marketing from January 2003 to May 2005. He has 25 years experience in sales, marketing, and corporate management. Mr. Cannefax recently served as Vice President-Asia/Pacific Region for Escalon Medical/Sonomed, Inc., a maker of ophthalmic ultrasound products. During his career, Mr. Cannefax served as Vice President of Business Development at Vermax, Inc., a privately-owned, leading supplier of products for the hospitality industry. He also served in various sales, marketing and management positions at Sprint Communications Corp. In 1994, Mr. Cannefax founded and served as President and Chief Executive Officer of Apollo Telecom, Inc., an international telecommunications company, which he sold in 1996."
***PMED longs - Alert @ Opinion:
This stock (with no history of R/S) used to be as high as $13/share in 2000:
http://quotes.nasdaq.com/quote.dll?page=charting&mode=basics&intraday=off&timeframe=9y&a...
Bad Mgmt (that IMO included the last CEO - John Y. Yoon), and R&D expenditure made revenue decline, and the PPS took a furious drop to today's value of 0.005's. The Price/Sales (P/S) ratio @ ONLY 0.08 is by far the lowest of any penny stock I know about. Plus, the company has a low OS of only 53MM shares:
http://finance.yahoo.com/q/ks?s=PMED.OB
Spoke again to the new CEO on Friday, and he seem determined to turn the Company around. From his resumee I see he is well qualified with a good work history (see below). He left a much better paid VP job to take over this company, and at 57 this might be his last chance to make it or blow it. In my opinion he will make it happen. Call him yourselves: (Mr. Raymond Cannefax) @ 801-977-8970
Opinion:
If (as sno said) were lucky enough as I was to get in at this price, and those that (as someone here said) will be lucky enough to get in below 0.01 (the price that the new CEO will pay for his stock options) my advice to you is to keep it long, and I trust you won't be sorry. The situation here takes me back to MOBL of Dec. 2003 when the new CEO (Jay Wright) took over. After calling him several times, In Dec. 03, I loaded the boat between 0.018 and 0.03, and sold my position
last year at mid 0.3's. The chance is good the same it will happen here. But, don't take my word for it. Call yourself the CEO, and let us know your thoughts. You might have to call several times until you get through.
Good luck everyone,
Mike
----------------------------------
"Mr. Cannefax, age 57, previously served as the Company's Vice President of Sales and Marketing from January 2003 to May 2005. He has 25 years experience in sales, marketing, and corporate management. Mr. Cannefax recently served as Vice President-Asia/Pacific Region for Escalon Medical/Sonomed, Inc., a maker of ophthalmic ultrasound products. During his career, Mr. Cannefax served as Vice President of Business Development at Vermax, Inc., a privately-owned, leading supplier of products for the hospitality industry. He also served in various sales, marketing and management positions at Sprint Communications Corp. In 1994, Mr. Cannefax founded and served as President and Chief Executive Officer of Apollo Telecom, Inc., an international telecommunications company, which he sold in 1996."
Re: "nice news today ,soon breakout over 0,01"
I agree. The price has finally stabilized at 0.005. No more 0.003's. It should start move in the AN, and more tomorrow when more people read the news. This should easily go into pennies soon, IMO.
Mike
Another SB-2/A? Is this a new one, or a repeat of December one?
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001096906%252D06...
Very confusing,
Mike
*****Back to OTC.BB. See news:
Invicta Group Inc. OTC BB Trading Again
Monday January 23, 12:55 pm ET
MIAMI BEACH, FL--(MARKET WIRE)--Jan 23, 2006 -- Invicta Group Inc. (OTC BB:IVGA.OB - News) announces the company has been approved to trade on the OTCBB again. Invicta has complied with SEC financials and is in good standing.
"Invicta Group Inc's management is restructuring the company with a new business model that will focus as an Internet Media Company that specializes in the Travel Industry," states William Forhan, CEO "Invicta has developed a website www.travelhotlink.com for its newest subsidiary Travel Hotlink, an Internet Media Company that offers travel discounts to North America travel enthusiasts that are seeking discounted travel products worldwide."
Invicta has also announced signing of a Letter of Intent to acquire Hotel Anywhere, an Internet Media Company located in London, United Kingdom; due diligence is being completed.
Hotel Anywhere, www.hotelanywhere.co.uk, was established in 1996 offering European residents discounted hotel reservations to North America and has expanded hotel products to Australia, Europe, Caribbean Islands, and Asia. The company has developed its proprietary software of data base management and website technology offering online reservations and a call center staffed with knowledgeable travel agents. The management has over 30 years experience in the European travel industry and will continue to operate the company with the intention to grow the business rapidly with targeted acquisitions of media companies in London and Europe.
David Scott, Invicta Group Inc. COO, states, "The Internet is a worldwide media and management believes we should expand to marketplaces outside of North America. We are excited we can start with the acquisition of Hotel Anywhere, a United Kingdom company that markets to customers in Europe and Asia."
INVICTA GROUP INC. is an Internet Media Company that specializes in the Travel Industry. The company offers an Internet database of 40 million travel enthusiasts discounted travel products: airline tickets, hotel rooms, Tour Packages, cruise cabins and car rentals on the Internet 24/7 through their B-2-C web site www.travelhotlink.com
Invicta also owns a Las Vegas tour operator offering travel and entertainment products for Las Vegas travelers: www.lasvegasexcitement.com; and a cruise only company offering discounted cruises: www.cruiseexcitement.com
Contact:
CONTACT:
Invicta Group Inc.
David Scott
1-305-206-3335
dscott@invictatravelgroup.com
http://quotes.barchart.com/texadv.asp?sym=cirt
It can't get any better than this.
Mike
Nice to see some activity here. Looking at the chart, it seems we might have a repeat of January 2005 run. Check it out!
Mike
P/S of only 0.1? Hi everyone, am I missing something?
I'm in. Bought yesterday 250K, and more today. Here's why:
1. The Price/Sales is JUST 0.1!
http://finance.yahoo.com/q/ks?s=PMED.OB
It (the P/S ratio) for an average OTC:BB stock should be from 1.5 to 2. This means the PPS should be at least 15 times higher. This is by far the most undervalued stock I know. Thus far, the most undervalued stock on my list used to be VFIN (one of the MM's, among others) with a P/S ratio of 0.28.
2. "The employment agreement further provides for the issuance of stock options to purchase 4,500,000 shares of the Company's Common Stock at $.01 per share." (see below)
3. I called the CEO (Mr. Raymond Cannefax) @ 801-977-8970. I asked him if he really intends to exercise his option to purchase shares at 0.01 anytime soon, and he told me he intends to buy some earlier next month, and more thereafter. He sounded confident that the sales will increase noticeable in the very near future, but he gave me no other details. He said detailed info will be available to everyone soon. Since I understood he was busy, I didn't ask him if he intends to come up with a PR.
Note. It would be good if anyone else can call the CEO, and post here his/her impression. Pease ask if he expects any good news (a PR) anytime soon. Thanks. Also ask him if he's aware the P/S is the lowest of any stock, and see what he thinks.
Again, his phone # is: 801-977-8970
Mike
---------------------------
Form 8-K for PARADIGM MEDICAL INDUSTRIES INC
18-Jan-2006
Change in Directors or Principal Officers, Financial Statements
ITEM 5.02. Departure of Principal Officer; Appointment of Principal Officer.
The Board of Directors of Paradigm Medical Industries, Inc. (the "Company") has appointed Raymond P.L. Cannefax as President and Chief Executive Officer of the Company. He replaces John Y. Yoon who left the Company to pursue other opportunities. Mr. Cannefax, age 57, previously served as the Company's Vice President of Sales and Marketing from January 2003 to May 2005. He has 25 years experience in sales, marketing, and corporate management. Mr. Cannefax recently served as Vice President-Asia/Pacific Region for Escalon Medical/Sonomed, Inc., a maker of ophthalmic ultrasound products. During his career, Mr. Cannefax served as Vice President of Business Development at Vermax, Inc., a privately-owned, leading supplier of products for the hospitality industry. He also served in various sales, marketing and management positions at Sprint Communications Corp. In 1994, Mr. Cannefax founded and served as President and Chief Executive Officer of Apollo Telecom, Inc., an international telecommunications company, which he sold in 1996.
The Company has entered into an employment agreement with Mr. Cannefax, which commenced on January 5, 2006 and expires on January 5, 2007. The employment agreement requires Mr. Cannefax to devote substantially all of his working time as the Company's President and Chief Executive Officer, providing that he may be terminated for "cause" as provided in the agreement. The employment agreement provides for the payment of an initial base salary of $125,000, effective as of January 5, 2006. The employment agreement also provides for salary increases and bonuses as shall be determined at the discretion of the Board of Directors. The employment agreement further provides for the issuance of stock options to purchase 4,500,000 shares of the Company's Common Stock at $.01 per share. The options vest in 12 equal monthly installments of 375,000 shares, beginning on February 5, 2006 until such shares are vested. In the event of a change of control of the Company (as defined in the agreement), all outstanding stock options granted to Mr. Cannefax shall be immediately vested.
"Any active investors ? Your thoughts would be very welcome."
"7 of 8," what do you mean by "active investors." If you mean day traders, due to the low volume, I don't think GDVI is a good candidate. If, however, you are looking (as I am) to a medium - or long-term stock, right now, this is it, IMO. Despite all the latest good news, and prospects, the Price/Sales ratio it's only 0.73:
http://finance.yahoo.com/q/ks?s=GDVI.OB
It (the P/S ratio) should be at least 3 times higher, meaning that the PPS should be at least 0.21, IMO. Some companies have a P/S above 100. Not only talking about heavily pumped stocks such as SIRI. The only stock (with proven revenue, and good growth prospects) that I know it has a P/S even lower than GDVI (read even more undervalued) it's VFIN (among others, it's one of the MM's) with a P/S of only 0.28.
Note: After getting burned before with faked penny companies, the main indicators that make me decide when and if I should buy a penny stock are: (i) proven revenue with either proven explosive growth (e.g., GDVI) or expected jump in revenue (net revenue), i.e., VFIN), (ii) P/S (the lower the better), and (iii) the price/book (again, the lower the better). Since I started this buying strategy (some two years ago), the average gain/year for pennies was over 500%. Hope 2006 to be as good.
Disclossure: I believe over the last several months I was one of the most agressive buyers of GDVI, and hope to be compensated well sometimes this year. This is not a pump, and not an advice to anyone to do the same. This is all JIMHO. Before you decide what to do, do your own DD, and do it well.
Mike
OT: Another Hedge Fund Discloses PIPEs Probe
By Matthew Goldstein
Senior Writer
12/1/2005 7:12 AM EST
URL: http://www.thestreet.com/markets/matthewgoldstein/10255157.html
Cornell Capital Partners, a hedge fund that specializes in finance for ailing penny-stock companies, is being investigated by securities regulators for its trading activity in shares of nine companies.
The Jersey City, N.J.-based hedge fund, which has more than $200 million in assets, disclosed the investigation in its most recent audited financial statement, a copy of which was obtained by TheStreet.com. Copies of the hedge fund's 2004 financial statement were mailed to Cornell investors in late August.
The Securities and Exchange Commission investigation of Cornell stems from a broad-based regulatory inquiry into allegations of manipulative trading in the $17 billion-a-year market for PIPEs, the Wall Street acronym for private investment in public equity.
For the past two years, securities regulators have been looking into the activities of hedge funds that invest in PIPEs and the brokerages that help arrange these private stock sales for companies in desperate need of cash. TheStreet.com previously reported that at least three other hedge funds -- HBK Investments, Gryphon Partners and Alexandra Investment Management -- are being investigated by regulators.
PIPEs are a popular financing route for tiny, cash-strapped companies, which raise money by selling discounted shares to investors in a privately negotiated transaction. But the ability of a big trader to purchase thousands of shares of discounted stock also makes the PIPEs market ripe for abuse by unethical short-sellers -- traders who bet a stock will decline in price.
Mark Angelo, the founder and president of Cornell, says regulators haven't told him they've found any wrongdoing involving the hedge fund. Angelo says Cornell is probably being investigated because it's a major PIPEs player and is involved in so many deals each year.
"I think they're looking at all people in the PIPEs space,"' says Angelo. "Most of our investors view it as non-issue."
Since its inception in 2001, Cornell has provided financing to more than 120 speculative, mostly money-losing companies, many of which trade shares on the over-the-counter Bulletin Board. In the third quarter of this year, Cornell was the ninth most active PIPEs investor, sinking $38 million into 10 different deals, according to PlacementTracker, a private placement research firm.
The PIPEs market has been a profitable niche for Cornell. In 2004, it realized a $20 million net gain on investments, according to the financial statement. It took in another $3.4 million in investment income.
The investigation of Cornell began in July 2004 with the SEC requesting information about its "funding of and trading" in shares of Bio-One, a defunct nutritional supplement company that had operated out of Winter Springs, Fla. Cornell had been the primary investor in two PIPEs deals that raised $25 million for Bio-One and enabled the company to make two small acquisitions.
By this summer, the SEC investigation had expanded to include eight other companies Cornell had invested in. The audit doesn't disclose the names of the other companies. However, the 13-page report notes that Cornell received a subpoena from the SEC on July 18, 2005, seeking documents "related to the funding of and trading in the common stock of Bio-One and eight other portfolio companies in which the partnership is invested."
Two months ago, the SEC reached a settlement with Bio-One over allegations that its financial statements failed to disclose an August 2004 default on a $15 million promissory note to a company it had acquired earlier that year.
Angelo says the SEC began investigating Cornell because it had provided financing to Bio-One. But he says Bio-One company kept the default on the promissory note hidden from Cornell, too.
"We have no idea why we were named in this, other than that we are an investor," says Angelo. "I have no idea why we were named."
Angelo declined to discuss the eight other companies the SEC has asked for information about. An SEC spokesman declined to comment.
One of the allegations regulators are looking at in the PIPEs probe is that some hedge funds routinely shorted a stock once they learned a PIPEs deal was in the works. Regulators contend that such premature short trades are illegal, because knowledge of such deals is confidential, nonpublic information.
It's not uncommon for stocks of companies doing PIPEs deals to drop in price after it becomes public that the company has sold thousands of shares at a discount.
Hedge funds, however, aren't the only target of the investigation, which is being coordinated with the National Association of Securities Dealers and in some instances, the Department of Justice. Investigators also have targeted brokerage firms that serve as placement agents for PIPEs deals by lining up investors.
To date, the broad-based inquiry has led to the criminal conviction of a former SG Cowen managing director on insider trading charges, and a $1.45 million civil settlement with a former First New York Securities hedge fund manager. Emanuel Friedman, former co-CEO of Friedman Billings Ramsey (FBR:NYSE) , also faces potential civil charges, as does the investment firm he co-founded.
Other Wall Street firms that face potential regulatory action arising from the probe include Knight Trading (NITE:Nasdaq) and Refco (RFXCQ:Other OTC) , the scandal-tarred commodity and derivatives brokerage.
SW, all solar PV stocks are up today. In fact, this is the best day yet for PV. If the $3.2B passes, solar stocks will still grow. The PV index this year was the BEST (better than oil). Check out the two recent IPO's: SPWR, and STP. The PPS of both doubled in 3 month, and 1 month, respectively.
XSNX is pumped by Jeff, like there's no tomorrow. Never seen such misleading info put together in a public newsletter.
Mike
--------------------
DJ Solar Technology Cos. Up On Calif. Solar-Power Measure>STP
01/12/2006
Dow Jones News Services
(Copyright © 2006 Dow Jones & Company, Inc.)
(MORE TO FOLLOW) Dow Jones Newswires
01-12-06 1221ET
Copyright (c) 2006 Dow Jones & Company, Inc.
=DJ Solar Technology Cos. Up On Calif. Solar-Power Measure
By Tim Paradis
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--Shares of solar-energy technology makers rose sharply Thursday, with several chalking up 52-week highs, ahead of the expected approval of a measure in California that analysts expect will bolster overall demand for photovoltaic energy.
The California Public Utilities Commission and the California Energy Commission are scheduled to vote Thursday on an 11-year, $3.2 billion incentive program aimed at spurring installation of photovoltaic energy technology.
"It's a very large measure and it's a long-term measure so it provides solar companies with incentives and visibility to undertake expensive expansion programs," said Jefferies & Co. analyst Jeffrey W. Bencik, noting that the industry already can't meet demand.
The incentive represents roughly 3,000 megawatts of production, which is 2.5 times world-wide solar sales in 2004, Bencik said.
Among the stocks that registered 52-week highs were: Energy Conversion Devices Inc. (ENER), up 6.1%; Evergreen Solar Inc. (ESLR) up 5.1%; Suntech Power Holdings Co. (STP) up 8.3%; SunPower Corp. (SPWR) up 1.6%.
"...the banking which seems to be out to put them in a lowly position"
Can't agree more. I see Cirtran came up with yet another SEC filling for yet another $1.5MM, this time with Cornell (rather than its Bermuda arm, as in Dec. 20's). Otherwise, the same conditions apply. Cornell can convert at the lowest PPS (over a period of 20 days). This is how they make the money. They (somehow) force the price drop to the level they are willing to pay, then they re-sell the shares at a higher price. This is the most perverse way of shorting the stock.
Today news (adding an additional $22MM to the already booked $80MM last year) are good news. But, IMO, this stock will go where it belongs only after they get rid of the poisonous Cornell financing, and significantly reduce the OS. Why in the world can't Citran find an alternate to Cornell financing it's beyond me.
Mike
Re: "the only fact we have is Sub numbers from the sec filings , the rest is opinions that influences creditability."
One thing for sure. This is a very speculative stock. With a Price/Sales ratio of 21.7, it is way overvalued, IMO:
http://finance.yahoo.com/q/ks?s=GZFX.OB
The only higher than this P/E (that I know of) is SIRI.
Usually, P/E ratio should be between 1.5 and 2. Everything over 2, I try to avoid, unless it is an explosive growth stock. Take for instance, VFIN (P/E = 0.25 - way undervalued), or DVW (P/E ~0.6?). Also: look at fast growth stocks such as CIRT, GDVI, MOBL (P/E around 1), and you may get the point.
It's your money, and you might be right. Sometimes wonders happen. But not very often. In my books, anything with P/E above 5 is a skip. If I feel like gambling (which I do now and then), I prefer low PPS stocks, such as IVGA (@0.0012, after the recent LOI), might be a good gamble.
Best of luck,
Mike
***Invicta Group Inc. Signs Letter of Intent for Internet Hotel Company in London, U.K.
Invicta Group Inc. (OTC BB: IVGA) announces the signing of a Letter of Intent to acquire Hotel Anywhere, an Internet Media Company located in London, U.K.
Hotel Anywhere, www.hotelanywhere.co.uk, was established in 1996 offering European residents discounted hotel reservations to North America and has expanded its hotel product to Australia, Europe, Caribbean Islands, Asia and car rental service with Drive Anywhere. The company has developed its proprietary software of database management and website technology offering online reservations and a call center staffed with knowledgeable travel agents. The management has over 30 years experience in the European travel industry and will continue to operate the company with the intention to grow the business rapidly with targeted acquisitions of media companies in London and Europe.
Invicta Group Inc. has restructured the company with a new business model that will focus as an Internet Media Company that specializes in the Travel Industry. Invicta has developed a website www.travelhotlink.com for its newest subsidiary Travel Hotlink, an Internet Media Company that offers travel discounts to North America travel enthusiasts that are seeking discounted travel products worldwide.
David Scott, Invicta Group Inc. COO, states, "The Internet is a worldwide media and management believes we should expand to marketplaces outside of North America. We are excited we can start with the acquisition of Hotel Anywhere, a United Kingdom company that markets to customers in Europe and Asia; and happy to have Hotel Anywhere's Founder and President Tom Armstrong join the Invicta team. There is great synergy of a United Kingdom Company and USA company that have customers in Europe, Asia and North America respectively; we can cross-market customers in an effort to offer more product and increase revenues of both companies."
Invicta has targeted additional acquisitions in London and are doing the financial due diligence review before signing a Letter Of Intent to acquire the companies.
INVICTA GROUP INC. is an Internet Media Company that specializes in the Travel Industry. The company offers an Internet database of 40 million travel enthusiasts discounted travel products: airline tickets, hotel rooms, Tour Packages, cruise cabins and car rentals on the Internet 24/7 through their B-2-C web site www.travelhotlink.com
Invicta also owns a Las Vegas tour operator offering travel and entertainment products for Las Vegas travelers: www.lasvegasexcitement.com; and a cruise-only company offering discounted cruises: www.cruiseexcitement.com
Source: Market Wire (January 5, 2006 - 9:52 AM EST)
News by QuoteMedia
www.quotemedia.com
Yes, it is. But, now that it's official, I see another 100MM added to the OS doesn't help. If, at least (somehow) they can sell them all above 0.03, so as not to go above this figure, we might still be OK. Being debt free and with expected higher revenue (net revenue), hopefully, no additional dilution will be necessary.
Mike
Speed,
Have you seen the latest SB-2/A form (on Dec. 20):
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001096906%252D05... ?
Just saw it. Not good, IMO.
Mike
Speed,
Happy New Year!
Nice move for the last 2 weeks (over 60% up is not bad). Hope we can keep the gain this time for a change. Some good news will help right now.
Mike
Looking good:
http://stockcharts.com/gallery/?CIRT
"$.10 would be a start...Where this stock belongs"
Speed, your wish should come through early next year.
Mike
RE: AMD vs INTC. Who will win?
QED
But, not to worry. The "mediocre" graduates from India will assure Intels future inovation:
http://www.contact-center-today.com/story.xhtml?story_id=40499
Although not found of AMD either, Intel's latest "cleaver" move will accelerate it to becaming a bit faster one of the wonders of the past.
Take care folks,
Mike
From Market Watch MB:
"Up 8% today is only the beginning."
I also think this will go up; by a lot, IMO. If not now, most probably after the year end tax sale season, which is just a bit more than a week away. Many people that bought it at a higher price, and gained with some other stocks, sell the stocks that they lost money on before the year end, and (if they like the stock) buy it back after the new year. Because of this, I expect a good jump immediately after January 1-st. It will also happen, IMO, the same to some other good penny stocks I have (e.g., GDVI, VFIN, MOBL, and DVW).
For the above reason, I'm also selling some larger cap stocks I have. Not CIRT though. Too risky. Once it starts moving, it can follow the path of CNCN. Good stocks (that same as CIRT have an explosive revenue - and net revenue growth, yet sitting at or near the bottom) sooner or later allways move, and when they do they do it fast.
Merry Christmas everyone!
MF
Yeap, good to see this "new kind of a more mature investor."
Mike
--------------------------
Bowlbucks
21 Dec 2005, 06:01 PM EST
Msg. 24516 of 24518
A new kind of buyer?
For the first time today's trading showed a different type of buyer in the fact we only had 30 trades but the ave trade was over 110k each! The price didn't fluctuate much and IMO it could be much deeper pockets getting blocks while it's cheap before an '06' run based on the company's performance. We ended in the green and I still see a run of .10-.15 prior to any split if not much higher intraday before it settles back on little spikes.
Iehab told me that they have 15 design engineers working on products all the time and besides the cooking items, lots are being worked on. Being a direct supplier to the Wal Marts, Walgreens, Costco and many more will create a better profit margin and also possible speed up the contract to shelf time with one less delay in marketing, IMO.
As for AMEX, the company has been to the floor 2 times over the last couple of years and it's their biggest goal NOW besides the continued growth. To get listed Cirtran will select an specialit to represent them and also market them. With this should come a exposure campaign to let the investing world know of CIRT's potential and what they have done as a company. Bottom line is the word is out there that the company is looking for one and has been so even if the others dont get selected they may acquire shares for the ride too seeing it's something all could make $$$$$ on.
Looking forward to future news from the company, Bowler
***This XX stock is heavilly pumped almost daily by Jeff Siegel, editor of Green Chip Stocks. From the last of his newsletter (some 5 pages long):
"URGENT NEWS from Jeff Siegel, editor of Green Chip Stocks:
"My 'solar glass' stock is up 67% since my recommendation on October 21, 2005. But the stock, which currently trades for about 55¢, is about to explode in value. Here's why:"
blah, blah, blah.
Warning: If you come across silly newsletters like the above one (that they send me, with the same content, day after day for a long time, until I canceled it late last week). And I see unaware people are getting trapped into buying the stock.
I'm not reading these things, but from what I recall they do not give you the name of the XX-rated solar company. Their interest, of course, is to sell their stupid repetitive "newsletter."
In fact, the stock name is: XSNX:
http://finance.yahoo.com/q/bc?s=XSNX.OB&t=3m
This individual (the only paid member of the XSNX team) is far from having a product, and the idea of including the amorphous silicon (a-Si) thin film solar cells between two window (or plastic) plates is quite old (and not theirs as the "newsletter" claims). And the market value ($7B) they are using (as it was for the XSNS product), in fact is the whole PV 2004 world market value. They probably have not even as yet learned about the 2005 world PV market expected value (slightly over $11B), which will sound even sexier. The catch is that the market share of all thin film solar cells (a-Si, CdS-CdTe, ZnS-CuInGaSe, etc.), plus that of III-V compound semiconductor cells (e.g., GaAs) is only below 5% of the PV market. The crystalline solar cells (c-Si, mc-Si, and poly-Si) have been gaining momentum lately (approaching 95% market share), and they don't seem to be slowing down in the near future. This is why the latest PV solar (SunPower, and last week's Suntech (see below)IPO's (that are fabricating crystalline Si (c-Si, mc-Si, and poly-Si) solar cells were doing so well.
I didn't do a detailed DD on this company, but from what I recall, they do not even master the basic a-Si cell fabrication techniques, such as the now well known laser technology, which is a needed process step in making the a-Si cells. From what I recall, the CEO (who is the only company employee) has no prior expertise in solar, not to talk about thin film solar PV. To build a solar cell business takes a good research team, and plenty of money. What this XX-rated company has? Short-term, insistence, and empty pumping by some newsletters pay off sometimes. Not for too long, I suppose.
Opinion
If you folks are looking for good solar PV companies, IMO, this is not the one. Looking forward, I believe SunPower's and Suntech's IPO"s success will undoubtedly bring even more mainstream VC attention to the PV market, which (finally) will jump start the solar cell industry. After all, SunPower, with annualized revenues of only around $56M (and negative net revenue), now carries a market cap of $1.8B. Even if that valuation might go down over time as the euphoria wears off, that kind of “pop” will get any investor’s attention.
http://finance.yahoo.com/q/ks?s=SPWR
If you are following the PV market (as I do), you already know that since last week another solar PV company (Suntech, from China), is following in the foot steps of SunPower with an even better than expected IPO:
http://finance.yahoo.com/q?s=stp
Their price per share (PPS) has reached today above $22.5 (compared to $11-$13 IPO - the initial proposed offering at the end of November) :
The biggest short-term problem associated with the rapid advance of solar PV (based on crystalline silicon), the present shortage of silicon wafers, should be addressed in the near future. Many companies in Japan, Europe, and China start investing heavily in silicon wafers manufacturing. For instance, last month Sumco Corp. (the world’s second largest manufacturer of silicon wafers) was supposed to raise (planned November 17th IPO) as much as 135.2 billion yen (US$1.18 billion) to extend their wafer manufacturing capacity.
Good luck folks,
Mike
Nice Msg. from RB:
By: krazyintacoma
07 Dec 2005, 06:17 PM EST
Msg. 24450 of 24450
Sipersito: Why Huge Volume & Big Move up by CirTran?
It's because a plump white-bearded and red-suited old man, Santa Claus is com'en to town? Thx, Krazy-n-Tacoma
P.S. But only if you've been nice, all year and bought some CirTran stock!
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
------------------
He's right. Good boyz and girls, that bought it while cheap, Santa will bring them a nice present.
Hint: If you care to see how it (the present) might look like, check out CNCN (that moved from below 0.03 late September to a max of 0.36 early this week). And this as a result of their (italian style) divorce from Cornell financing. CIRT also announced this a while ago, but (for now) just in the form of a "leagal separation." There has been no OS increase over the last 3 months or so. This might mean that the Mgmt is taking their promise seriously. After all, with increasing net earnings, the company might not need any new cash infusion. If so, this will go places.
PS: That's not too late for the bad boyz and girls to show Santa they also deserve the present. See you all around the Cristmass tree:
http://www.shutterstock.com/pic-773467.html
Mike
I meant to say: "Is this the begining of the end for the Si chip?
"Intel is calling the use of this new compound for transistors a breakthrough. So far the material is not economical to use and the wafers are brittle. The prototype that Intel has developed is made entirely from the new compound, but the company is looking to use it with a silicon substrate, according to Willoner. Current research is focusing on this aspect of using the material."
“We have a lot of confidence in our ability to continue Moore’s law, doubling processor density every two years,” he said. “But we are no longer able to simply scale. It’s not that simple at all anymore. We are finding we have to redesign transistors and introduce new materials.”
Working with III-V compounds (e.g., using InSb epi grown materials on Si substrates), the first transistors won't start at the 45 nm node (and that's for sure). Whomever worked with III-V's (as I did for many years) know the many problems associated with processing them. The new transistor technology has to be totally redesigned. So (for a while - and not beyond 2015), the Moore's law could be kept alive (as per above), only if the starting node point is say 0.2 to 0.3 microns.
Mike
Just think about, what does this means:
http://www.reed-electronics.com/electronicnews/article/CA6289622?nid=2019&rid=1953493990
Is this the begining of the Si chip? If so, why? All low nano feature size entusiastics here (like Chip that first brought the InSb news) fail to recognize that further scalling down (below 45 nm) process doesn't go as smothly as initially expected. The 2004 ITRS roadmap predicted 32 nm by 2007, and one year later Intel already is pushing it to 2009. Why? And if this is the way to go (making the More's law work beyond 2015), why then looking at alteratives: (i) short-lived, like InSb, and (ii) integrated optics (the photonics division I see is alive and well)?
InSb, or other III-V combination will give Intel enough time (IMO) to develop the final all-integrated-optics chip. I said it before, and I'll say it again (although I know damn well people like Chipguy will jump at me again).
Mike
Re: "The leakage that SOI..."
I agree,
Mike
Re: "SOI at the 45nm node"
SOI helps the lower the leackage current, up to a point. It does not solve, however, the main problem: the interconnect. At 32 nm we are already talking (if I recall) about some 16 interconnect levels.
Mike
"Perhaps in the future, they will find a cheap way to put an epitaxial layer of In-At on silicon."
1. Same correction: In-Sb, and not "In-At."
2. I agree with your In-Sb on Si epi solution. It won't be In-Sb, IMO, rather GaAs/InP-based (e.g., a combination of binary- thernary III-V's), epitaxially grown on Si.
2.1. Good quality GaAs is already epi grown on Ge substrates, at low cost;
2.2. Motorola has developed a buffer layer that allows the growth of some III-V layers on Si.
Mike
Re: "We are currently at 65nm, want to make any more predictions?"
Check out the last (2004) ITRS update:
http://www.itrs.net/Common/2004Update/2004_00_Overview.pdf
It does not support Intel's claim, that's for sure. In any event, the 32 nm will be the real test.
My prediction is that (short-term) GaAs/InP based chips (and not GaSb - based) will take over beyond the 32 nm. And, the new chip will be short lived, IMO.
Mike
Re: "Confident In Following Moore's Law Beyond 2015"
Good read:
http://www.kurzweilai.net/meme/frame.html?main=/articles/art0593.html?m%3D1
PS: As far as I'm concerned, the More's law broke down in 2001. Extending it beyond 2015? Are these folks in complete denial? Just follow the graph of # of transistors through 2005, and try to extend the same growth beyond 2015? That's insane!
Mike
Re: "Does this mean your...."
It still is, but Intel won't be there to collect the rewards.
Mike
"VoodooPC concluded that buyers interested in computers and computer technology, the kind of PC opinion leaders that buy VoodooPCs, just aren't interested in Intel, anymore"
Intel's answer: Invest to India
Next step: Reduce US workforce and therefore inovation
Result: Intel will be (like so many other past wonders), a thing of the past.
Mike