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Its 1:41, time for The eye in the sky report,
DONC started out at the ask before the PR, managed to keep prices from getting out of hand - if ya know what I mean. GVRC looks like he got caught short as he has been trying to push things down a bit. Lately Donc is just above the ask but we got 4 MM at the ask working on bringing things lower.
If I may be so bold, Avi, if as Zilcon suggests you are ChaChingggg from a few years back, you would have a better grasp of the situation. Would you know anything about Donc? Seems to be selling a bit lately. Shorting or "death spiral" financing? Any help you could provide would be much appreciated.
it only gets better.
tinfoon,
forgive me, but I dont see what you are driving at. He said he was willing to buy the first two million shares at .18 and .28 respectively - even if they arent in the money. I dont see where he said he would buy at a buck right now. If I read the post correctly, his "guess is that we will be seeing substantially higher prices in the near future to warrant the desire to buy more at the higher prices. Ive got friends that wont buy this stock, but I own it myself, to each his own. Good luck with your investments and if you choose to not buy, stop by in a month or so and see how we did, just for fun.
it only gets better.
news out...
Higgins Industries to Use BioShield's Patented Antimicrobial Technology
RELATED SYMBOLS: (BSTI)
ATLANTA, Mar 20, 2002 /PRNewswire-FirstCall via COMTEX/ -- BioShield
Technologies, Inc. (OTC Bulletin Board: BSTI); (http://www.bioshield.com/ )
announced today that Higgins Industries, Inc. (http://www.bfxtextiles.com ) has
signed a licensing agreement to use BioShield's patented Antimicrobial
technology in their successful BFX line of 100% cotton products as well as those
blended with LYCRA. Additionally Higgins Industries has opened an industrial
chemical division to market, sell and distribute BioShield's antimicrobial
products.
"This agreement opens a new line of products to our clients including
governmental and industrial entities which never before had the technology to
eliminate pathogens microorganisms contaminating the environment, ...it further
enhances our business to have an alliance with BioShield on such great new
technology that goes beyond the world of textiles," said Tom Higgins, President
of Higgins Industries, Inc.
"This product represents another step toward our goal of ensuring antimicrobial
inhibition and control in our projects to supply and enhance the well being and
safety of our armed forces and environment," said Evan Singer, Director of the
Governmental Affairs division of Higgins Industries.
Dr. Marcelo D. Villahoz, Vice President of Sales BioShield, stated, "Our
business development partnership with Higgins Industries is the result of
discussions that began some 13 months ago between our two firms and is a small
demonstration of BioShield's commitment to enhancing shareholder value by
focusing on licensing-out our core technology."
Higgins Industries, Inc. is a manufacturer of primarily knitted apparel products
that include tees, polo shirts, active apparel and sweatshirts. The BioShield
products are consistent with Higgins Industries commitment to environmentally
sound technology. In 1990 they were honored at the United Nations by UNEP and
the Fashion Guild, and received acknowledgement in 1997 from the President's
Council on Sustainable Development for their development of environmentally
sound textile chemicals. Higgins introduced a UV sun protective clothing process
called "BFX". Certified and tested by International UV Testing Laboratories at
Auburn University, this BFX process has received a 50+UPF rating, the highest
International rating level available. It is estimated this year that in the
United States, Melanoma cases will reach 47,700 with deaths of 7,700. It is the
fastest growing of all cancers, and among all accidental deaths it has
experienced the largest percentage of increase from 1986 -1996, 22%. Textiles
treated with the BFX protection block 98%-99% of the sun's harmful UVA & UVB
rays.
BioShield Technologies, Inc., is a Norcross Georgia based emerging growth
company focused in biotechnology and antimicrobial products. Its core business
is committed to the discovery, development, marketing and sale of
surface-modifying antimicrobial and biostatic products. The company's
antimicrobial technology is a revolutionary alternative to conventional
sanitizers, disinfectants, bleaches, biocides or preservatives primarily because
it kills bacteria, including HIV, on contact and can remain active for extended
time periods. To date BioShield has received three US patents and eight EPA
registrations, including the first U.S. germ killer and disinfectant against
Salmonella cholerasuis, Staphylococcus aureus and other microorganisms. The
company has developed several alliances in different industries, such as
healthcare, textiles and storm water.
it only gets better.
Tifoon,
stick around, I got a feeling that the next few weeks will be even more interesting. Im a bit more optimistic than you, but Ive been around a while and am comfortable with the state of events. As for the 5% drop, the filing wasnt put out on the newswire and only those who are familiar with the last Q would know about what was to be paid for those shares - if the two are even related. Ill admit that I had to injest this a bit before I could say with confidence that this was a good thing. Since I wasnt sure who was buying, I didnt know if it was another convertable that was going to be dumped on the open market. After a few hours of putting the pieces together, I still have some questions, but Im not worried a bit. Heck, if you are willing to play the pennies, what better penny than this? The cost is 17 cents? If you calculate the beta, you can be fairly confident that if you hold this long enough you will sooner or later make at least a little money on this. Im not recommending this stock, you gotta do your own DD, but Im feeling pretty good after today.
dont drink and drive fast.
ghd,
I dont know for sure what is going on, but it looks like to me that Mr Mirman bought 15% of the company for $10 mil. I dont expect him to be dumping for 2 reasons:
1. Tim mentioned a poision pill in effect if someone tried to buy more than 10% - this one must be sanctioned by Tim himself. As such, tim isnt going to give this guy 15% and allow him to dump, cause the company would die if he did.
2. If he was going to dump, he could buy the stock for .17 thru a buck. The only reason he paid a buck is to have the right to 15% of the business.
I would imagine that this purchase would not have happened if the value of the stock wasnt going to be well over a buck fairly soon. As an investor, he is going to want substantially more than a buck to throw $10mil at it.
dont drink and drive fast.
tifoon,
in a normal situation, Id agree with you wholeheartedly. BSTI was pretty much dead in the water back in the summer of 2000ish. They resorted to whatever they could to keep in business. If you do some more DD, you may find that the company has been able to get conventional financing and has stopped the "Death Spiral"- equity line of credits - read the last 2 quarterlies. IMO we have made it pretty much thru the dilution and we just got a filing for a private investor planning on investing at a buck a share. Now why would BSTI be filing now when the price is far from a buck??????
dont drink and drive fast.
GG, thanks for doing the numbers,
had to drive wife to work and didnt have time. I found 7 of the 8 million shares you were looking for... from the most recent s8:
The Registrant previously filed a Form S-8 Registration Statement on
December 28, 2001 (SEC File No. 333-76036) so as to register 7,000,000 shares of
its common stock underlying the maximum number of options (7,000,000) which were
then permitted to be issued in accordance with its "broadly based" 2002
Non-Statutory Stock Option Plan ("Plan"). This new Form S-8 Registration
Statement is being filed so as to register an additional 7,000,000 shares of
Registrant's common stock in accordance with Amended Plan, which increased the
number of options available for issuance from 7,000,000 to 14,000,000. In all
other respects the Plan and Prospectus are substantially identical to those
previously filed on December 28, 2001 as Exhibits 4 and 99 to S-8 File No.
333-76036. In accordance with Instruction E to Form S-8 the contents of S-8 No.
333-76036 are herewith incorporated by reference.
This is great news hidden in the rough. Tim said that the CC that we would be cleaning up the last Q but the upcomming one should be pretty clean - looks like the dilution has stopped.... well cept for maybe a $10 mil purchase of shares at a minimum of a buck.
dont drink and drive fast.
form sc 13g filed today with edgar
I think this link should work....
http://www.freeedgar.com/search/ViewFilings.asp?CIK=1059623&Directory=1015769&Year=02&SE...
havent read it yet, so I have no comment. Any accountants out there?
dont drink and drive fast.
Wannabe, thanks
I forgot about that one. I think that has sold thru too tho. That or they are selling slowly. I would think that you would have been for the authorized shares. It allowed you to get a ton of shares very cheap and if in fact they managed to clean up the balance sheet, your upside will be bigger.
If we have eliminated debt and legal claims, we will be set to see a huge rise in share price once the numbers are in. If I could dream a bit, I would love to see the company (not tim, but the company) use 1/3 of any profits they may see to buy back stock.
dont drink and drive fast.
tifoon,
right company.
BSTI's product has been shown to kill anthrax spores as well as ecoli, salminella and the such. As for the insiders selling, let me clarify a bit... The company got into a load of trouble about a year and a half ago. They got into a ton of debt and legal problems. BSTI set up financing deals back then that allowed the debt to be converted to commmon shares. Generally they put restrictions on when the stock can be converted and how it can be sold into the open market. Well the debt financing back then has been converted starting since about October. I believe that all of that conversion has been sold into the open market by now.
My guess is (and that is all that it is right now) that the CEO wanted to be pretty much debt free by the time real revenue started comming in. He talked us all into voting for increasing the authorized shares back in December, and then started wiping out the remaining debt and legal claims thru issuing common shares in exchange. This has brought the stock value from roughly 30 cents (the price before the conference call PR blitz) to what it is now (17 cents). Bad for everyone who bought above 17 cents and wanted a very short term play. Over the long haul, it was imo a great business plan. Suffer for a quarter by paying off your debts - in return for a healthy company the next quarter. If the Q looks like what I expect it to look like, we should actually show a net profit for the first time ever. If Im right, the stock price should be well on it's way towards relisting at the Nasdaq.
dont drink and drive fast.
hey gg,
I was just about to comment on the last few days. I commented a few days ago on that other board that DONC was in play lately. View was at the ask for about 10 minutes today, but Im pretty sure that he is out of bullets or at least on a very tight leash - 20k shares at most. Now DONC has been selling about 100k a day. They have been around since I started watching BSTI and Ive always considered them trading for someone who shorts BSTI. The reason I went from a daytrader to a bit longer term player was DONC. I bought around 40k shares (back when the price was closer to 50 cents) and it didnt phase DONC. I hate to sell at a loss, so I waited. After DONC went thru about 100k today, DIVA took over. Havent seen this one before, but they sold since around 2:00pm and didnt let up. Ill keep everyone posted on DIVA if I see a trend.
If I may make a suggestion to Tim, If you want to burn the shorters of this stock, put out a fluff PR around 1:30 some afternoon and then put out a real PR with numbers and all about an hour later when you see the price starting to dip.
at 2:04 85k went thru at the bid (.17)eom.
V-man,
I was just writing Wannabe to ask if he'd liven things up with a joke or two when my alert went off. Glad I didnt finish, everyone knows that when Wannabe tells a joke, no PR's for the rest of the day. Toaster scrambles sounds like an excellent idea. As for the 16 seconds, fortunes can be made or lost in that amount of time. Cmon, get with it (lol).
As for the post, (Tim, hope you found your way to this new board so you can read my comments too), I think that this was his best PR yet. It doesnt have any numbers and even suggests (to me at least) that we shouldnt have overly optimistic expectations about the near future. Instead, it shows that the guy on top has a product that has great potential, and he has a plan on making that product successful. Now thats all I ask. WTG Tim, and please take what you have so far to your accountant and have him get that Q out on time. It is important.
News, I mean PR... Thank you tim....
BioShield Technologies, Inc.'s Chairman Issues Letter to Shareholders and
RELATED SYMBOLS: (BSTI)
ATLANTA, Mar 18, 2002 /PRNewswire-FirstCall via COMTEX/ -- BioShield
Technologies, Inc.'s (OTC Bulletin Board: BSTI) chairman has issued the
following letter to all shareholders:
Dear BioShield Shareholders and potential investors,
At BioShield, we seek the highest return on all our initiatives. Today, as we
transition BioShield to a new age, we are making great strides towards
profitability. Consistent growth and our relationship with our shareholders and
clients is the next critical measure of success. Our goal is to be one of the
world's leading suppliers and licensors of antimicrobial and new combined
antibiotic products to help promote a safer, healthier lifestyle and
environmentally friendly planet. Meeting these goals is a serious challenge that
we are committed to, and something that we would like to share with you in
greater detail.
BIOSHIELD -- THE ANTIMICROBIAL COMPANY
We enjoy an excellent reputation for delivering new products that far exceed the
effectiveness, durability and environmental friendliness than that of our
existing competitors. The restructuring of BioShield operations and new focus on
becoming a wholesaler and licensor of our antimicrobial/antibacterial products
has taken significant expense, commitment, time, and effort to establish the
foundation that we are now sitting on. We have come a long way during the past
year; however, there is still considerable work to be done and many more
objectives to be met. Our revenues have increased 100% year over year (based
upon 12.31.01), we have eliminated over $5 million in liabilities, we've
successfully achieved our cost cutting measures reaching our first profitable
quarter, excluding extraordinary items, and we have established several new
global, national, and specialty licensee partners and clients representing over
$55 million in committed long-term and short-term purchase agreements
encompassing the next six years. We have five additional long-term, and many
specialty, purchase agreements under negotiation at this time; however, it is
extremely difficult to project quarterly order flow as the long term purchase
commitment contracts require considerable marketing efforts and time to fully
implement their strategies.
BIOSHIELD'S NEW FOUNDATION
One of the major cornerstones of BioShield's long-standing potential and growth
prospects is our line of patented and EPA registered products. BioShield's core
technology was founded upon antimicrobial technology that had been developed by
Dow Corning 20 years ago after $25 million had been invested in research and
development. As Dow Corning was unable to achieve the effectiveness of killing
bacteria, molds, mildew, etc. in a water based, non- toxic fashion, the project
was finally scrapped. Dow moved on to other ventures. Co-founder, Jacques
Elfersy, and I seized the opportunity to modify and re-engineer this technology,
and thus BioShield Technologies was born. We then applied for new patents and
EPA registrations under the BioShield name. The past seven years have been spent
developing and perfecting this antimicrobial technology. Approximately $20
million was raised for R&D, multiple patent applications, testing and EPA
registrations. Our products have reached a point where they have become known by
some of the world's largest chemical companies as the next killer chemical to
hit the marketplace. These companies have recognized that our technology can
revolutionize the industry of antimicrobials and biocides with significant
opportunities to impact other industries such as specialty chemicals, coatings,
polymers, pulp & paper, and biological warfare. The vast experience of
management coupled with the achievements we've made with new existing client
relationships and potential partners that we are currently in negotiation with,
provides us with a very high degree of confidence that BioShield will be able to
capitalize on these opportunities and become a globally recognized company
during the next couple of years.
Part of establishing ourselves as an industry leader and building upon our new
foundation is our ability to focus on our current operating philosophy of
building partner/licensee relationships, cost competitiveness and high quality
and customer responsiveness. As we pursue these new opportunities and enhance
our distribution and licensing business models, we will be embracing information
technologies that will help us get there. When properly implemented, this
information technology infrastructure will allow us to not only confirm our
existing philosophy but also will allow us to rise above the competition in
delivering lower cost solutions with the highest quality products. We also are
striving to provide unparalleled responsiveness in customer dealings and
adaptation to a full range of business dynamics and developments within our
industry. I have directed that BioShield move with speed to employ the Internet
and selected e-business tools to automate our customer and supplier transactions
so as to truly change the way business is conducted between BioShield and our
partners. In today's business climate, BioShield is becoming digitized and
Web-enabled, which also connotes being innovative, progressive, energized,
motivated, enlightened, focused and much more. We are fully committed to
BioShield, our loyal shareholders, and letting the world know about our
technology. We invite you to visit our new website at www.bioshield.com .
OPPORTUNITIES FOR THE FUTURE
BioShield's future outlook is extremely favorable. The world market for
antimicrobials and biocides is projected to reach approximately $6 billion by
2004 with North America and Western Europe as the largest regional markets
accounting for approximately 70% of the demand. Additionally, we recently formed
a new subsidiary, Nova BioGenetics, to capitalize on the FDA applications within
our technology window and research capabilities; and as the public and regional
governments continue to voice their concern over environmental impacts and the
toxicities of existing antimicrobial, biocide and antibiotic compounds, we
intend to listen and provide the solutions to these concerns and problems.
BioShield's technologies can easily become and intends to become the industry's
leader. We strongly believe that BioShield has the organization, management,
customers, abilities, employees, and supplier partnerships to capitalize on
these trends and many other available opportunities, but we will need to work
diligently to aggressively implement such a demanding need for BioShield to
become recognized and reliable. We are very optimistic as we look to fiscal 2003
and beyond, and believe that, having a superior product line and a complete
research pipeline, we are well positioned for sustained long-term growth.
As always, we are most appreciative of our loyal shareholders, the contributions
of our employees and directors, and the support of our customers and suppliers.
It is teamwork among all these constituencies that ultimately benefits the value
of our company and assures the continued success of BioShield.
Sincerely,
Timothy C. Moses
Chairman/CEO
Further information on BioShield and its line of products can be found by
visiting the firm's web site at http://www.bioshield.com or by calling
1-770-925-3653, Tim Moses.
Good Morning everyone - HNWS NEWS!
Healthcare Network Solutions Signs Long Term Consulting Contract With
RELATED SYMBOLS: (HNWS)
ATLANTA, Mar 18, 2002 /PRNewswire-FirstCall via COMTEX/ -- Healthcare Network
Solutions, Inc. (OTC Bulletin Board: HNWS) has been retained in a one-year
consulting contract by HealthHelper for consulting services, strategic planning
and corporate business development.
Sharon Allred, President of Healthcare Network Solutions, Inc. (HNS) stated
"Working with HealthHelper will bring additional value to both our company and
HealthHelper as we assist them with realigning their strategic focus and
business model while creating new avenues for business, revenue and exposure in
the healthcare and medical community. This contract validates that HNS has the
resources and knowledgebase to assist companies serving the healthcare industry
with a comprehensive offering of consulting, research and practice management
solutions. We're very excited about this new relationship and look forward to
working with them."
HealthHelper is a pro-active health advocate offering efficient, current, and
personalized wellness information for the professional and health consumer.
HealthHelper provides innovative concepts in healthcare information and
management for healthcare organizations, independent practices and is an
educational venue made available to the general public. "We have been providing
leading edge, medically sound information since 1996. Choosing HNS to help with
our strategic focus, marketing, and business model based on HNS resources and
expertise was sound business sense for HealthHelper," said Richard Gray, Founder
and CEO of HealthHelper. HealthHelper has been referenced as one of the leading
sources of accurate published information for the healthcare industry and is
utilized by industry as a resource to find specific medical and health related
data. For more information on HealthHelper, please visit their website at
http://www.healthhelper.com.
Tifoon,
BSTI technically didnt go bankrupt, a subsidiary did - Emd. Emd was a medical dot com type idea. BSTI sunk a ton into it and then the dot com craze died. Officially, BSTI was at arms length from Emd, but lost their shirt in their investment. As such, the stock price went from roughly $40 (i think) to as low as 6 cents. BSTI was on the verge of bankruptcy after Emd's collapse, but as a result of cost cutting (including 6 months of nobody taking a paycheck (employment went down to 11 people including Tim)), last resort financing, and a major change of marketing tactics, BSTI held on. BSTI is not debt free as far as I know, however, they have been cleaning up the balance sheet fairly heavily - since October, outstanding shares have doubled - killing our share price in return. In the conference call, we were told that the balance sheet would be cleaned up by the next Q (the one comming up). We will have to see then.
Lawsuits have also for the most part been taken care of. The last lawsuit left was AHT (or something close to that), It went to the judge for summary judgement back in January, but the results were not made known. There were rumors that it was dismissed, but I dont know for sure. As for why your other questions, im not sure what you are asking, so I wont comment.
I feel like a guy with 3 wishes,
cept they are posts instead of wishes. How do I use them. I wonder if I could post and ask for more posts. Works with the wishing for extra wishes... well anyway..
GG you are like a kid in a candystore. Check out this new feature... lol. The last one was kinda cool indeed. I dont have any friends outside this board...sniff, but finding out what other people on other boards say about bsti is always interesting. I think this board is a great improvement to the recent past of Raging Bull for obvious reasons. Ok, all the above was probably the off topic stuff I shouldnt be posting, but being who I am I gotta push the envelope a bit.
Now for reading Tim's mind... I gotta figure that with all the promises he has given and hinted about, Im guessing somewhere in that grey matter, he is trying to figure out how to get back to the Nasdaq as a top priority. As the price tag is $4.00/share, he has his work cut out for himself. If he were to announce huge deals with no Q to back it up, the price would go up, then drop back a bunch. Hard to go up substantially that way. Im thinking he is saving up for closer to the next Q (which is scheduled about a month away including the usual lateness of our watchless leader). This Q, he promised would be awesome (my word - not his). By lumping the really big stuff together right before the Q, he can get a big bang, wait til the stock starts dropping, and then another bang...and so on finishing with an unbelievable (or at least somewhat profitable) Q. It has got to be either that or Tim is just trying to really irritate me for making those criticisms about him being late.
OK, ive squandered two posts, next one will have to be huge. I plan on doing the lifetime membership thing as soon as the wife gets me a credit card (wife rules the house ya know)... Then, watch out... Ill even waste more posts... Ill be a post genie. BTW, Im going out of town again this weekend (leaving soon) so someone else can use my weekend posts if they can guess my password - just follow the TOS - Id hate to go to internet jail.
Oh yea, one more thing... GG if im not in compliance with anything above, please let me know soon, cause i only got 13 minutes left to edit this post. (another really cool feature)
Good Morning Everyone,
Seeing as this is my first of 3 allowed posts today, I better make it really good... Hmmm... I know... Coffee and Pilsbury's toaster scrambles... What a breakfast. If you havent tried it yet, you are missing out.
Well GG, I dont like to post while im not a ticketholder. As such, I didnt post yesterday. I did get some expensive BSTI tickets right before I had to leave yesterday. I knew we would be sitting at .17ish this morning, but ended up buying half my normal position at .18. I know better, I know better, I know better. I knew that as soon as I posted that I sold, Tim would put out a PR just to burn me. Thanks tim.
We wait for expected news and riches. Seeing as I bought back at a premium for my ignorance, Cmon tim, just make good on the promises you made... that alone should put us at over $4.00 for more than 30 days.
My next 2 posts will be better... I will start writing a rough draft now.