5000 comedians out of work and you think you're funny?
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That's what you say. But I'd rather put my stock of faith in good people that persevere in their industry than some cracked crystal ball.
That's because no fraud has ever existed with Smoky Market, the company, the entity. It's the most honest company I've ever been invested in. The company still has it's business plan. Intentions of it's expectations have not been realized, yet it's still an investor friendly company with it's small share structure-zero convertible debt, transparency, and ambition. We still have solid production, and distribution capabilities.
I think the last news we got pretty much speaks for itself. There's no fluff, this is business. This is a business. If they rolled over at their darkest times, and quit, then they'd be a loser. As long as you do the best you can, with an honest work ethic then you win, even when you aren't winning in the middle of the game. I think the company has learned from all it's experiences, and will get the breaks it has kept itself positioned for this year. Management has never sold any of it's personal stock in it's corporate history.
I would be if I was somebody whom I'm not. I like this company, and I'm proud to be backing it with my own cash. If I had another $10,000 , I'd invest another $10,000 into SMKY. Simple as that.
I'll tell my friends to buy it, my relatives, and anybody for that matter. The only thing wrong with the past is that it takes too long to bring upon us the present. The best part about the present is that we are closer to the future.
It's the Wild West on OTC, and they don't have to sell to the highest bidder. MMs can keep a sale in-house. That's how the OTC really works, and they undercut my bid that day 60% on SMKY for 100,000 shares.They also sold around 8,000 shares for .015. If you looked at LEVEL 2 at all that day, you would see that my bid stood there all day at .016. You can ask any brokerage, and they will tell you that you have no guarantee to get shares on the bid, just because you are the highest bid. Usually it happens, or you can get small partials, or nothing. Depends on the direction the MMs want to take a stock when events themselves are not taking them over. And every stock, for every situation is manipulated differently. You know the game is rigged for big money. But it still won't stop a good company on it's own, like SMKY to move higher , as they become larger and stronger, and express investor sentiment.
i wouldn't even think of throwing a party without you there.
you're right. Maybe I shouldn't suggest buying this up and coming great company, at the basement. Waiting on an investment, from a real company, can feel being chained in a dungeon. Things takes longer than you expect. I'm still alive, still hungry. Better to get in before bigger money does. We all know that. Some people still think the Earth is flat too.
SMKY will be trading around .35/share non-diluted this summer. But I'll probably sell on the first wave of .10-.20 since I will be cashing in my restricted shares next year for over $1. How do you like them apples?
garbage printing press for infinite Authorized Shares.
don't know about any conspiracy nor see any evidence but most traders are buying the stock on bid from frustrated investors whom have lost patience. Stock still trades in the same range that it has been trading for the last year or so. That's their loss, not mine.
Market Makers had a right to undercut my bid, and they've done it before. You should acquaint yourself with the rules of the OTC since that was done thru another trading house than the one I bid from. But I was a little sad, and frustrated not to get those valued shares at such a bargain.
Bid moving up. Volume very quiet.
earnings, durafit tomorrow woohoo!
CEO offered to give me a tour of the factory when first contacted him. Was not in a mood for that, losing 75%, 3 days after buying in low (so i thought). maybe you or someone should take him up on it. Bought back my scares last trade of the day @ .0331. lets see how dumb that was. Made $93 trading it today whooppee!
wsti sold convertible stock @ .025 & .035 when the shareprice was between .30 & .40 last month. The wind part of the solarmill is practically dead weight
Will WindStream Technologies' Stock Be Worth 5 Cents By Next Year? Jul. 23, 2014 3:29 PM
http://seekingalpha.com/article/2334525-will-windstream-technologies-stock-be-worth-5-cents-by-next-year
But, in the end, the numbers will not lie. When that 10-K for 2014 is filed, I predict that you will not see the $85,452,000 in revenue that they predicted they would have. I predict that you will not even see the full $22,000,000 purchase order get booked as revenue in the coming 10-K. What I do predict, is that the true valuation will be more in line with what they, themselves, suggested in that Executive Summary: 'With 5.5 million in revenue and $643,000 in profit, the company would have an estimated valuation of $30 million.' Since I believe that revenue will be closer to $3 million or less and that there will never be a net profit, I am predicting that after the $900,000 worth of mailers have finished hitting houses all over the USA, the stock price will fall to something closer to true valuation: maybe $5 million? That could end up being a generous valuation if their financial snapshot is anything like their latest 10-Q. Assuming they close on some financing and have 100,000,000 shares outstanding by then, the stock price would be about 5 cents per share to give a $5,000,000 valuation. Of course, if it is trading at 5 cents in a year, then more than likely 5 cents will simply be a layover on the way to $.001.
The latest financial report filed by the company showed a similarly depressing picture. It covers the financial results of the company for the entire 2014 and contains the following numbers:
• $594 thousand cash
• $5 million total current assets
• $9.99 million total current liabilities
• $1.7 million annual sales
• $11.3 million annual net loss
It should be noted that WSTI registered a gross loss of around $600 thousand for the period. This means that the company reported cost of goods sold of $2.3 million in order to generate the $1.7 million in revenues.
An even bigger red flag however is the fact that apparently WSTI have an unlimited amount of authorized shares. With around $3 million in outstanding convertible notes at the end of 2014 and another $540 thousand sold since the start of 2015 investors could become flooded in discounted shares issued as a conversion of these notes. As we said in our previous article the annual report showed that on April 7 WSTI issued 4.6 million shares at $0.035 followed by another 4.6 million at $0.025 just three days later.
http://www.hotstocked.com/article/89960/windstream-technolog-otcmkts-wsti-sinks-to-new.html
WSTI is the Bataan Death March of the stinky pinkies. Toxic deathtrap. This is going to keep spiraling down, but it's going to be a slow painful death for all the current pre-massive reverse split holders of this garbage company
Transfer agent gagged. Infinite authorized shares. wsti= NON-TRANSPARENT scam
WSTI is a scaMMer, will watch for an EXIT zone
yes..the Market trading house it was routed thru. Who do you think I meant? never mind, I'm psychic with your response. pisses me off though they would undercut my offer by 60%
they undercut my standing bid this morning on 3 trades executed below it for 105k shares
NICE! THANKS BRO!
There was good news today. I learned some other things today that some longs surely know about, but don't know how much credibility it has as far as long term goes here. Yet it also validates some things I suspected was happening with the stock. Unfortunately I learned these things late, and in bit & pieces, and am not happy. If this comes back to .12 on the good news out of India, I will fully exit with the stock I bought like everyone else here, and wish everyone well, and be happy. Just for the record, I'm down about $5000 on this as of today, with a .16 average buy, and it hit me so fast that my mind body and soul had little time to absorb the shock or exit more prudently.
what's the deal here? bought in @ .43 the other day. How come this didn't bounce back to .60? should I take the loss now? Thought this dog said they stopped diluting.
Glad I passed on the restricted shares offered, and traded out of this pig long before yesterday. Might make some good Q daytrade plays though when this gets sub-penny, because it's not too bloated.
Did they halt this today?
windstream opened their factory in India today. Doesn't anyone pump this? woo hoo
what's the shorts position? The more stock they dump, the more shares there are to short. Unlimited Authorized Shares means unlimited shorting- new all-time low set for 3rd consecutive day, now worth less than a wooden nickel
I honestly answered that in my other posts since then. Of course I'm hoping it's just a reaction to this dreadful experience since, because it's not like I make a habit of bashing my own stocks. I worked real hard to rebuild my portfolio into something, yet it all got shattered in mere days, and I didn't start buying till this came down to 40% of the recent highs. And I saw the President allude to this company on television. The troubles I had finding meaningful information with regards to this played a major part
And I'm in shock!
This may have been great for insiders to dump a few weeks ago, but it was nothing short of window dressing for an unlimited toxic dumping ground now. It couldn't recover even a penny from .06, where it looked like there was some consolidation taking place. WSTI is the Bataan Death March of the stinky pinkies.
they're not as big a TOXIC piece of crap like WSTI is; selling INFINITE authorized shares and telling me that it's not their fault, that it's the state of Wyoming that allows them to do it. The red flags were right, the reason why this company would not give me the A/S, and didn't tell me unlimited authorized shares when I first asked about the share structure (trying to refer me to the filing instead of what was current) until AFTER I showed them my email from pinksheets.com, is because they manipulated the news for insiders to make huge profits, before turning this into a toxic deathtrap. This is going to keep spiraling down, but it's going to be a slow painful death for all the current pre-massive reverse split holders of this garbage.
April 27, 2015
Issuer Services
2:44 PM
to me
Mr. xxxxx
Thank you for your email. The most recent 10K shows that this company has unlimited authorized shares. See page F4 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10639666: Common stock; $0.001 par value; unlimited shares authorized; 88,617,154 and 83,461,899 shares issued and outstanding, respectively. ( my opinion-the company reported over 93 million O/S last filing, it's probably going to a billion at this pace)
This company has submitted an application for OTCQB and part of the verification procedures require the Transfer Agent to provide updated share structure information. OTC Markets will update the company profile with any information we obtain from this source.
Sincerely,
OTC Markets Group
Corporate Services
the filing says 34.8 million shares. Bought in today @ .434
I'm buying some too. This is going to run pretty big soon.
I think that they're fishing for shares now, and that we have a 4 day window to buy more stock from watching LEVEL 2. Maybe if the speculation out of India , and this new factory turn into something big, we might get some high volume that will make the last run look like chump change. I'm trying to free up some powder now. This company is better than a .06 stock. I think the worst is behind us. But then again, my average is .17 fwiw
looks encouraging so far today, not so much selling pressure, even with the low volume buying. If I had more funds now this is where I'd start thinking about buying. Look for a green close around .075, and maybe getting back to .09 when the volume picks up- of course that can turn around pretty easy too. I'd say the .06s are some decent buys.
HMPQ looks like an interesting new company to watch
In my craziest dream, most of the additional shares sold into the market were scooped up by savvy foreign investors, and the selling pressure ends tomorrow. Then we get contracts for mucho solar mills around the world, and President Obama comes on TV and talks about this company again, in his constant pitch for Congress to take up clean energy. And then States start ordering many more for their infrastructure. And that this timeline has the same acceleration, as the deceleration of late.
Somebody slap me if that happens. May as well go find something else to do with the time used to spend trading. I would rather do nothing better than talk about the big future WindStream has, but that hasn't coincided for me. Wish we all do become part of this great future. I'd be extremely pleased just to see this get back to 40% of it's high for April this new month. That's not asking too much, is it?
today in an e-mail. but so what. That and $1.25 still won't get me a cup of coffee.
that's the $64,000 question. If this selling pressure ever stops, maybe. The company responded to me that because the shell they bought is incorporated in Wyoming, that state does not have a limit on the number of shares a company can authorize. They also say they believe the brightest days for this company lie ahead, and they are working hard to make it a reality for all shareholders and employees.- That's the best thing I can say I've heard at this point. There's always a chance things can turn on a dime, I suppose. Lord I hope so.
truthfully it is disgraceful. I never encountered a company with unlimited authorized shares, being considered a QB. gagged T/A so you can only get the share count once a quarter, and yet that changes the next day. Nor one to lose so much value so soon, after a double run that should have raised the resistance levels. There really isn't any resistance anymore. The 4-6 diluters pay a huge discount, and make greater profits the farther they bring down the share price. They've invited every predatory shorter. I became moderator thinking this was a positive company. I don't doubt their business nor their products, that's one part of research. I was invited to tour the plant. I know they have great products. That doesn't mean jack though, and I won't sit and heap accolades upon them, and pump investors if they're going to dilute one billion shares and then have a huge reverse split BEFORE they release the big news that we all must surely have believed would be in a rosier future. From reading the filing, I don't expect this too make huge moves till the 4th quarter, and if so, then it looks doomed. I keep hoping I'm wrong but have found nothing, or heard anything to reassure me to this point. And believe me, I ask! This is the path they took, to many converters, connections, beneficial for the town. Mixing public business with local politics by key personnel.
WSTI is now at it's all-time low. The only large bids you see on LEVEL 2 are by the same dilutors, and they pull their bids before they can get hit while monopolizing the ask price. Amazing! Not even one bounce to exit this stock with a shred of dignity, and a chance to trade your way through it. I had a dream (or was it a nightmare) already about them. Happy company, happy people..lol..please enough already! this needs divine intervention!
all I saw was bmak selling the first 100k @ .078 till the selling dried up, and then lowering the ask, while rescinding it's nominal bid. They haven't allowed this stock to even breathe for 3 weeks now. I keep hoping they will, but have no indication from any of my inquiries that this will happen. Never owned a stock that turned so hard so fast. The price is now lower than before they had the news about India, and the Bahamas, Not doubting that the company will succeed around the 4th quarter for new investors, but this performs like a slow painful death till the eventual r/s happens. Toxic financing. The chart looks like the face of an iodine bottle.
looks like WSTI is about to hit a new low. High volume, low volume, doesn't seem to matter. Can't take 'em out. Maybe there will be more news this Friday afternoon.