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Bought RTHM a little over a week ago too. EOM
PMLK there was 3 Market makers at $4.00 I just looked there is now only 1 MM and the next one is at $4.50
I remember when I first mentioned PMLK to you Patsy, at the time it was my favorite stock. Well it still is today, about 1 year later. Like you said they are some of the nicest most honest people you could ask for running the company, and truly are looking out for the shareholders best interest.
I wish I could take the credit for finding this darling, but I was first introduced to PMLK by a great trading buddy of mine when it was at .375 and didn't take the time to look at this Ostrich Farm, as so it appeared on the surface at the time. Once I seen it move to .75 I thought it was time I did my DD on this one. Well my research paid off big time and was rewarded for my efforts (I needed a little FIBER in my diet any ways). I like you Patsy let my stock go all between 7.50 to 7.75 not because I didn't think the company had the potential to go higher, but rather the stock had moved up too fast to support or hold there in my opinion. I was fortunate that I was able to call the top of that cycle and now have started to accumulate again as it would appear we are again at the bottom and working back up.
ProfitChaser, I hear you on the liquidity issue no doubt it can be a problem. However if you are long the stock and you pick your places and times to sell you should have no problem. When this stock ran the last time I can tell you this I had no problem what so ever getting out and I had some size to get out of too. With these low float stocks I typically wait for buying and sell into it then, if it meets my target price of course. If you need out of a low floater and at the time there is no buying then yes the MM's can give you all sorts of grief, so my suggestion is as with any low floater don't buy unless you can wait it out. Hot money is not the place for tight float stocks. Remember though as is the case with many low float stocks any kind of buying pressure can make for great rewards. Again when I sold I just sat at the Ask and was taken out everytime...so much so that I was starting to second guess my decision to sell at the time. It all worked out nicely though.
I look at stocks all the time, looking for something...anything that looks better to me or even comparable to PMLK on the OTCBB and nothing ever seems to come close. However I will never quit looking, because I'm sure somewhere out there is. Who knows someone might even post it on the very thread and make us all rich. In the mean time it is my opinion that buying PMLK under $4.00 is giving you a really good chance at some really decent returns.
Regards,
Shawn
aka Shac.
PMLK
Look at the earnings news just out, pay special attention to Revenues backlog. Plus the Company began developing a proprietary network division and started its first multi-duct network. Go to Yahoo for profile.
There is no stock for sale down here!!!
After a couple hours of trading today and no trades for PMLK I put in for 1000 at the Ask of
3.375 the MM's took 15 minutes to fill and they frontrunned my order. They printed 5200 on my
1000 order. Then they moved it to 3.375 x 3.50 so I put in for another 2000 shares and they
gave me 600 shares and moved to 3.43 x 3.56. My broker who was watching and was laughing
his !@# off, said lets move to 3 5/8 and play with there minds. They gave us 1000 more and
moved $3.50 x 4.00. Seeeeeeeeeshh not like I was trying to buy 10,000 shares or anything, I
was after a measley 3000 shares and of that only got 2400 after about 30 minutes of waiting.
So I repeat, There is no stock down here, and what you can get will be considered a bonus
IMO.
MFLE
Looks like it's gonna go
Put MFLE on your screens acting very weird today .015 x .014 then .017 x .014 watch it
Here is a cheapie:
CDSI .08 x .10
Sparkling Clean shell looking for Reverse Merger, only 3 million outstanding and 1 million in the float. The Market Cap is only 250k. Way undervalued for a fully reporting with cash in the bank and no debt. Should be good for 3 to 5 bagger from here.
BB, I hear the push is on NHTC tomorrow. You hearing anything?
Buying RGEQ
Cash of .04 cents a share presently .024 x .025 nice spread. Look at level II next MM @ .04
Bought ACCR at .105 and looks like it may not slow down, buy on the odd shakeout cause it bounces right back. Huge blocks going off 50k and 100k at a time.
Cheap pennies
MAMH .025
HITT .045 lots of news and more coming
Bought today
ACCR on the move
My sympathy to you Patsy, I was out of commission on Wednesday and Thursday with same, feeling a lot better today.
Get well, cause we miss you around here.
Regards,
Shac.
Where is everyone today, what is the next penny to run?
If your in LWEI hold for much higher, if your not ask yourself why not.
Regards,
Shac.
DVDT is looking strong....still holding
PDCI all out, took profits, volume drying up....who know's maybe my free shares will show up. lol
Book and cash look good on ESTM woth a shot, I'm a buyer.
Buying DVDT today
23 million O/S
Patsy, still holding your PDCI or did you day trade it?
Looks like it is headed higher...
TBTI someone bought a 1000 at 2 3/8 and it moved to 2.50 this stock moves on EVERY buy. Look at the profileit is undervalued at $2.50 should be easily double that. Yahoo profile say's there is 900k in the float but it trades like there are 50k.
Shac
PDCI seems like she is bound for higher ground, just starting to move and on level II looks like the path is clear to .10 once we get through the two MM's at .05 cents. Read the last PR very nice.
BB it's not your imagination, I am seeing the same and feel the sentiment is shifting. Also I see MM's are been just a bit more fair these days. Now there's two words that should never be in the same sentence (MM's and fair).
Here you Patsy all, this one cost is a bit more $2 3/8 but moves up on every 500/1000 order and has very nice growth. Last time it had volume it went to $14. I put in for 1000 at 2.25 before the close it went from 2.06 x 2.25 to 2.18 x 2.375 and they only filled 500 shares. Likely I will finish the order tomorrow and add another 1000
http://biz.yahoo.com/p/t/tbti.ob.html
Just read, this last filing say's it for where this company is headed.
COMC INC (CINJ.OB)
Quarterly Report (SEC form 10QSB)
Management Discussion and Analysis of Financial Condition and Results of Operations
This report contains certain statements of a forward-looking nature relating to future performance of the Company. Prospective
investors are cautioned that such statements are only predictions, and actual events or results may differ materially.
Overview
The Company is a technology service company in the telecommunications industry with a rapidly expanding national geographic
service coverage area. We design, implement, support and manage LAN/WAN computer network systems, voice
communication network systems, and premise wiring for both data and voice. In addition, we distribute and maintain equipment
on behalf of major telecommunication equipment manufacturers. Service-related revenues, maintenance and client outsourcing
services, through our wholly owned subsidiary, ICF Communication Solutions, Inc. ("ICF"), which now represents 100% of
our total revenues. Our gross margin varies significantly depending on the percentage of service revenues versus revenues from
the sale and installation of products (with respect to which we obtain a lower margin). For our major customers, we typically
provide services under contracts with duration of one or more years.
In addition to the services described above, our Recruitment Services division provides our customers with permanent and
temporary technical professional recruitment and placement services to fill their internal staffing needs.
Our assets are our employees. Our investments are in our employees. In further recognition of this, we have improved our
employee benefits and training programs in the current year. We have recently created an in-house training institute to further
the education and certification of our technical, sales and managerial personnel specific to cable, voice and data systems, time
management, total quality management and leadership.
While we do not design or take the research and development risk borne by the manufacturers of the equipment we service,
we continue to invest in the latest training and certification for the networks we support. Specifically for data, we support
products designed by Cisco Systems, Inc., Lucent Technologies,
Inc., Bay Networks (a division of NorTel Networks) and 3Com. For voice products, we support products designed by Lucent
Technologies, Inc. and NorTel Networks, Inc.
Under an acquisition and consolidation strategy, we intend to build our operations and to expand our presence primarily in high
growth markets of the United States.
Results of Operations:
Dollars in Thousands Quarter ended June 30 Six Months ended June 30
--------------------
2000 1999 2000 1999
---- ---- ---- ----
Net Revenues
------------
Data & Voice Services $7,216 $3,569 $12,371 $7,416
Recruitment Services $ 699 $1,229 $ 1,497 $2,497
-------------------- ------ ------ ------- ------
Total Revenues $7,915 $4,799 $13,868 $9,913
Our revenues were $7,915,269 and $4,798,700 for the three months ended June 30, 2000 and 1999, respectively,
representing an increase of 64%. This increase was due primarily to a 102% increase in Data and Voice Services revenue for
the period, offset by a 43% decline in Recruitment Services revenue. Compared with the first quarter ended March 31, 2000
revenue of $5,952,742, our second quarter revenue increased 32%. Data and Voice Services continued to benefit from a
number of new client project billings, as well as significant period project work relating to one of our larger existing clients.
Recruitment Services revenue continued to decline due to a tightening of the labor market, which has effected our ability to
identify qualified professionals for our clients in the period.
For the six months ended June 30, 2000 and 1999, our revenues were $13,868,011 and $9,913,000, respectively,
representing a 39% increase. This increase was due primarily to a 66% increase in Data and Voice Services revenue for the
period, offset by a 40% decline in Recruitment Services revenue.
Dollars in Thousands Quarter ended June 30 Six Months ended June 30
--------------------
Gross Gross Gross Gross
Profit Profit Profit Profit
2000 Margin 1999 Margin 2000 Margin 1999 Margin
---- ------ ---- ------ ---- ------ ---- ------
Gross Profits
-------------
Data & Voice Services $ 3,017 41.8% $1,257 35.2% $5,566 44.9% $2,399 32.2%
Recruitment Services $ 261 37.3% $ 333 27.1% $ 530 35.4% $ 656 26.2%
--------------------- ------- ------ ------ ------
Total Gross Profits $3,278 41.4% $1,590 33.1% $6,096 43.9% $3,055 30.8%
Cost of revenues was $4,637,500 and $3,207,900 for the three months ended June 30, 2000 and 1999, respectively,
representing an increase of 44%. Conversely, our Gross Profit for the comparable periods was $3,277,800 and $1,590,800,
respectively, representing an increase of 106%. Gross profit and margin for Data and Voice Services were $3,016,600 and
41.8%, respectively, for the three months ended March 31, 2000 as compared with $1,257,600 and 35.2%, respectively, for
the three months ended March 31, 1999. The increase in margin was due to more favorable pricing on services, more efficient
management of technical labor and lower comparable product sales, which typically carry a much lower gross profit margin.
Gross profit and margin for Recruitment Services were $261,200 and 37.1%, respectively for the three months ended March
31, 2000 as compared with $333,200 and 27.1%, respectively for the three months ended March 31, 1999. The increase in
margin was due to a higher percentage of permanent placement revenue as compared to the prior period, which had
significantly higher margin.
Selling, general and administrative ("SG&A") expenses increased 39% from $1,271,400 for the three months ended March 31,
1999 to $1,768,30 for the three months ended March 31, 2000 in light of revenue growth of 16%. This compares with
$1,387,600 of similar expense in the previous quarter ended March 31, 2000, or an increase of 27%. The increase was due to
a planned expansion of our sales and
marketing team company-wide, as well as the development of an in-house training institution and staff in the current quarter.
These increases are anticipated to be permanent in nature.
Also included in our SG&A expenses are our holding company expenses, which increased by $116,000 from $112,600 for the
three months ended March 31, 1999 to $228,600 for the three months ended March 31, 2000. Our prior quarter holding
company expenses were $194,900 for the period ended March 31, 2000. SG&A expenses for ICF's operations increased
from $1,158,700 for the three months ended March 31, 1999 to $1,539,700 for the three months ended March 31, 2000.
Depreciation expenses were $57,000 and $52,400 for the three months ended June 30, 2000 and 1999, respectively. This
slight increase was due to the purchase additional field service and new office equipment. We expect that depreciation will
continue to increase in dollar terms as a result of additional investments in capital equipment required to support the anticipated
growth in our business.
Amortization expense relating to goodwill was $13,000 and $139,100 for the three months ended June 30, 2000 and 1999,
respectively. The reduction of goodwill amortization in 2000 was primarily due to the write-off of goodwill in the fiscal year
ended December 31, 1999. In December 1999, under the guidelines of Statement of Financial Accounting Standards No. 121,
we assessed the recoverability of certain of our long-lived assets, namely goodwill. We estimated the fair value of our goodwill
based on comparable assets within the industry, our economic outlook and discounted future cashflows. These procedures
resulted in the determination that the aforementioned asset had been permanently impaired, and a charge to earnings of
$10,382,300 resulted in 1999 with the write-off of all of our amortizable goodwill. The $13,000 of amortization related to
capitalized expenses associated with the restructuring of notes in 1999.
Dollars in Thousands Quarter ended June 30 Six Months ended June 30
--------------------
2000 1999 2000 1999
---- ---- ---- ----
Earnings Before Interest, Tax,
Depreciation and Amortization $1,510 $319 $2,941 $449
Earnings before interest expense, income tax, depreciation and amortization expenses ("EBITDA") increased by 373% to
$1,509,500 for the three months ended June 30, 2000 from $319,400 for the three months ended June 30, 1999. For the six
months ended June 30, 2000 EBIT increased 550% to $2,940,800 from $449,000 in the comparable six month period ended
June 30, 1999.
Interest Income increased from $2,100 for the three months ended June 30, 1999 to $102,200 for the three months ended
June 30, 2000 due to significantly higher average daily cash balances, with earned interests rates remaining relatively constant
throughout the comparable periods.
Interest Expense increased for the three months ended June 30, 2000 to $115,100 from $103,700 for the three months ended
June 30, 1999, due to increased borrowing of our working capital line of credit which was utilized to accelerate the repayment
of ICF's income tax liabilities relating to years prior to 1998, as well as to fund the growth in our working capital.
Other Income (Expense) is comprised mostly of bank fees and charges associated with our line of credit, offset by
miscellaneous income for the period, which resulted in an expense of $2,600 for the three months ended June 30, 2000, versus
income of $200 for the three months ended June 30, 1999.
An Income Tax provision of $555,000 was taken for the three months ended June 30, 2000 due to our increase in taxable
income versus a year ago.
Net Income increased to $869,000, or $.042 per share, fully-diluted, for the three months ended June 30, 2000 versus a Net
Loss of $34,700 for the three months ended June 30, 1999. This is a 17% increase over the first quarter ended March 31,
2000 Net Income of $738,200.
Liquidity and Capital Resources
Cash and cash equivalents increased to $7,864,700 at June 30, 2000 compared to $385,100 at December 31, 1999.
Cash Flows From Operating Activities: For the six months ended June 30, 2000, cash provided by operating activities was
$9,002,900 which resulted primarily from our net income for the first six months of $1,607,200, increased by noncash charges
of $163,200, decreased by our growth in operating assets of $3,320,300 and increased by our growth in liabilities, primarily
increases in customer deposits, of $10,552,800.
Accounts receivables increased $3,232,300 due to greater activity in the first six months of 2000 as well as overall growth in
our business. Payables and accruals increased $1,784,600 due to greater purchases and accrued payroll, as well as an increase
in customer deposits of $8,768,200.
Cash Flows From Investing Activities: For the six months ended June 30, 2000, net cash used for investing activities was
$419,100 as a result of $224,200 in new equipment and leasehold improvement purchases, $150,400 in a bridge loan to an
officer, and deposit increases of $45,500, offset by asset sales $1,000.
Cash Flows From Financing Activities: For the six months ended June 30, 2000, net cash used from our financing activities was
$1,104,200, due primarily from the prepayment of Notes to Stockholders in the amount of $2,755,000 in the second quarter,
partially funded with our line of credit of ($330,800) and a private sale of $1,320,000 worth of our common stock.
In September of 1999, ICF secured a $3 million Line of Credit facility ("Line of Credit Facility") with Coast Business Credit, a
division of Southern Pacific Bank. This credit facility has a two-year term and all amounts borrowed will accrue interest at 2%
over the prime rate. The Line of Credit Facility is secured by substantially all of ICF's assets and contains customary covenants
and restrictions. The Line of Credit Facility is being used to support working capital and may be used to finance small
acquisitions. Specific uses of the Line of Credit Facility to date includes: (i) the payment of the balance of income taxes due to
the IRS and California Franchise Tax Board; (ii) the consolidation of various notes payable; and (iii) various working capital
purposes including additional acquisition financing.
Our long-term liabilities include $750,000 in Related Party Notes Payable. In consideration for the sale of ICF to us, the two
principal owners of ICF, William M. Burns and Charles E. Lincoln, received an aggregate of $14,000,000, payable as follows:
$1,500,000 in cash at the closing of the transaction; $1,500,000 in promissory notes due and payable January 5, 1999,
secured by all of our accounts receivable; $1,000,000 in promissory notes due and payable January 4, 1999; $1,000,000 in
promissory notes due and payable August 17, 1999; and 6,493,506 shares of our common stock valued at $9,000,000 or
$1.386 per share. We were unable to pay off the January 4, 1999, and January 5, 1999, promissory notes as of their maturity
dates. On August 10, 1999, we entered into an agreement with the Messrs. Burns and Lincoln, to refinance these notes with
new notes under different terms and conditions. Specifically, we agreed with Messrs. Burns and Lincoln to extend the term of
each note to three years, payable in full on the third anniversary (i.e., August 10, 2002). Interest is accruing at 10% per annum
on these Notes and is paid monthly. On April 23, 2000, we prepaid the promissory notes due to Mr. Lincoln in full, amounting
to $1,750,000 plus accrued interest, in connection with the termination of Mr. Lincoln's employment. On May 10, 2000, we
partially prepaid the promissory notes due to Mr. Burns in the amount of $1,000,000 plus accrued interest, bringing the current
total of Related Party Notes Payable to $750,000.
From April 17, 2000, through May 15, 2000, we raised approximately $1,320,000 through a private placement of 1,320,000
shares of our common stock and options to purchase 660,000 shares of our common stock for $1.00 per share with various
accredited investors (the "Investors"). The options are exercisable at any time within the next five years. On April 26, 2000,
some of the Investors exercised options and purchased 472,500 shares of common stock under their option agreements. In
connection
therewith, 236,250 shares of our common stock were surrendered to us at the April 26, 2000 OTCBB closing price of $2.00
per share in a "cashless" transaction and in full payment of the $472,500 due from exercise. Consequently, only 236,250 shares
of common stock were issued as a result of this exercise of options. As of June 30, 2000, and based upon the above
referenced transactions, we have a total of 20,957,741 shares of common stock issued and outstanding, of which 3,564,987
are held in Treasury.
Our net working capital at June 30, 2000 was a positive $3,010,500, an increase of $92,000 over December 31, 1999. We
believe that our current cash flow from operations plus our present sources of liquidity from current assets, and funds from the
Line of Credit Facility, will be sufficient to finance operations for the foreseeable future and meet our short-term obligations.
We are searching for merger and acquisition candidates that will expand our existing markets in related products and services.
We anticipated funding acquisitions with a combination of additional bank debt, the issuance of promissory notes to the sellers
of the companies we acquire, and from the private or public sale of additional equity securities.
We have depended on a few large customers for the majority of our revenue to date. A loss of any one could have a material
effect on our liquidity. Due to the quality of our major customers, the collectability of accounts receivable has not been a
problem.
Year 2000 Compliance
We converted all of our information systems to be Year 2000 compliant. During 1999, we incurred approximately $140,000 to
complete the information system conversions. To date, we have not incurred any complications or adverse effects on our
business from Year 2000 software failures.
What's he think now?? lol
Bought 25k for fun @ .032
(Applies to: PDCI)
PDC Innovative Industries Declares 5% Dividend
CORAL SPRINGS, Fla., Jan 12, 2001 (BUSINESS WIRE) -- PDC Innovative Industries
Inc. (OTCBB:PDCI) today declared a 5% dividend for all holders of record on
1/12/2001 and payable Jan. 22, 2001. PDCI officers and directors have
relinquished all rights to the 5% dividend, according to a company spokesperson.
The dividend will give one share of PDCI common for every 20 shares owned by a
shareholder.
PDCI management stated that the additional shares for stockholders is intended
to allow those holders to participate in the growth of the company which the
company expects will occur in 2001 when the Sterile-Box 2000 is marketed through
Clearlake Financial Corp. of Hialeah, Fla.
Those who are shareholders through Jan. 22, 2001 will receive the 5% dividend.
After Jan. 22, 2001 the shares will trade without the dividend.
The PDCI Board of Directors was also informed today that company Founder David
Sowers and Mrs. Sowers have elected to sign a lock-up agreement relative to
shares owned by the Sowers family. Other than the exercise of voting rights, the
lock-up would extend for a two year period from issue in July 2000. Concerned
with the possible distraction of the family shares, the shares are being removed
from the market for at least the two year period as indicated, permitting the
trading shares more flexibility while the company markets its products with the
expectations of good revenues and is subsequently able to manufacture more
products already designed for the company.
Hypo-Sterile 2000, also known as Sterile-Box 2000, is a container for use in a
hospital, clinic or medical office location that receives contaminated,
disposable syringes and other small devices after use on a patient. The
contaminants are subjected to high Fahrenheit temperatures for sterilization and
then a compacting process which reduces the materials to the size of a U.S.
quarter piece. The residual product remaining after the process is transformed
into non-toxic waste able to be disposed of as ordinary trash. The container is
expected to compete more than favorably against current bio-hazardous systems,
including the standard Sharps Container which creates heavy disposal costs in
order to get rid of contaminated product. One of the major, proprietary aspects
of Hypo-Sterile 2000 is its portability and simple maintenance needs. There are
no desktop sterilizers currently functioning in the medical fields that can be
compared to the PDCI container product.
This press release contains forward looking statements made pursuant to the safe
harbor provisions of the Private Securities Litigation Act of 1995. Expression
of future goals and similar expressions reflecting something other than
historical fact involves risks and uncertainties. The actual results the company
achieves may differ materially from any forward-looking statements due to such
risks and uncertainties.
CONTACT: PDC Innovative Industries Inc., Coral Springs
Dave Sowers, 954/341-0092
URL: http://www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2001 Business Wire. All rights reserved.
-0-
KEYWORD: FLORIDA
INDUSTRY KEYWORD: MEDICAL
MEDICAL
DEVICES
MANUFACTURING
DIVIDEND
STOCK SYMBOLS: [(pdci)]
REMEMBER when I posted this, now .12 x .13 still time to get on board, news out yesterday.
Here is a real gem I have been accumilating over the past couple weeks, take 15 minutes out of your busy
schedule and take a look...IMO you will be glad you did. This has hit bottom at .06 cents and is working its way
back up. On pace for rev's of approx 7.5 million this year alone
iWolf Group; formally Lone Wolf Energy
Symbol LWEI
.07 x .09
35 MM O/S
7 MM Float
Look at the revenues:
Q3 1999 $ 330,882
Q3 2000 $ 1,849,755
9 Mo. Ended 1999 $ 885,394
9 Mo. Ended 2000 $ 5,587,388
Assets:
9 Mo. Ended 2000 $ 4,373,352
Earnings
9 Mo. Ended 1999 $ 29,115
9 Mo. Ended 2000 $ 99,901 (After Taxes)
Many great things coming in 2000 read the filings, visit the website.
Website:
http://www.iwolfgroup.com/
This right now to me shows very good value, with large upside potential.
Good Fortune
Shac.
Best is yet to come...think RMOO
Those who know me know that I don't post unless I'm pretty sure of something.
Good news on PMCL coming today
Tight Float
Buy now and watch
Your welcome Patsy, I only post if I think I got something genuine to add here. I feel that judging by all the buying that something signifigant is coming. The buying is very strong, in fact too strong to be just a bounce play. Guessing a buyout out, or perhaps a large PR is coming soon. Book value if I remember correctly is $ 1.85
Look at VISG volume over the last 3 trading days, small float tons of buying coming in. Coming off their bottom, huge revenue increases. I first bought at $3 sold at $9 then it went to $15, now it's at $1. Biometrics will be Hot again IMO
Something is coming down the pike.
Yahoo Profile:
http://biz.yahoo.com/p/v/visg.html
Here is a real gem I have been accumilating over the past couple weeks, take 15 minutes out of your busy schedule and take a look...IMO you will be glad you did. This has hit bottom at .06 cents and is working its way back up. On pace for rev's of approx 7.5 million this year alone
iWolf Group; formally Lone Wolf Energy
Symbol LWEI
.07 x .09
35 MM O/S
7 MM Float
Look at the revenues:
Q3 1999 $ 330,882
Q3 2000 $ 1,849,755
9 Mo. Ended 1999 $ 885,394
9 Mo. Ended 2000 $ 5,587,388
Assets:
9 Mo. Ended 2000 $ 4,373,352
Earnings
9 Mo. Ended 1999 $ 29,115
9 Mo. Ended 2000 $ 99,901 (After Taxes)
Many great things coming in 2000 read the filings, visit the website.
Website:
http://www.iwolfgroup.com/
This right now to me shows very good value, with large upside potential.
Good Fortune
Shac.
Patsy, I know jack squat about them other than the float is around 100k and they have a huge forward announcement coming Tuesday. I never bought any as I am not fond of pinkies in the least.
Yes, I sure do remember BIFS, some of my biggest winners have come from forward splits.
Enjoying this site Patsy...thanks and have a Happy and prosperous New Year!!!
Regards,
Shac.
Heard rumor
WWFI Pink stock huge forward split coming next week.
Take it for what it's worth, and use caution.
CINJ:
COMC, Inc. is a telecommunications company providing voice and
data systems integration services for computer network systems,
telecommunications and voice equipment, and premise wiring. For the
nine months ended 9/30/00, revenues rose 51% to $23.1 million. Net
income totalled $1.9 million vs. a loss of $1.3 million. Revenues reflect
the increase in new client project billing. Net income reflects higher
margins and decreased depreciation and amortization expenses.
9 months ended for CINJ
Three Months Ended Nine Months Ended
September 30, September 30,
------------------------------- --------------------------------
2000 1999 2000 1999
------------------------------------------------------------------------------------------------------------------------------------
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
Revenue:
Data and voice services $ 8,536,400 $ 4,186,900 $ 20,907,400 $ 11,602,600
Recruiting services 689,000 1,221,200 2,186,100 3,718,500
------------------------------------------------------------------------------------------------------------------------------------
9,225,400 5,408,100 23,093,500 15,321,100
Costs and Expenses:
Cost of revenues - data and voice services 5,801,000 2,832,400 12,605,800 7,849,100
Cost of revenues - recruiting services 415,000 825,800 1,381,500 2,666,900
------------------------------------------------------------------------------------------------------------------------------------
6,216,000 3,658,200 13,987,300 10,516,000
------------------------------------------------------------------------------------------------------------------------------------
Gross Profit 3,009,400 1,749,900 9,106,200 4,805,100
------------------------------------------------------------------------------------------------------------------------------------
Operating Expenses:
Selling, general, and administrative 2,466,100 2,572,700 5,622,000 5,178,800
Noncash expenses:
Depreciation and amortization 69,500 192,600 195,500 574,500
------------------------------------------------------------------------------------------------------------------------------------
2,535,600 2,765,300 5,817,500 5,753,300
------------------------------------------------------------------------------------------------------------------------------------
Income (Loss) From Operations 473,800 (1,015,400) 3,288,700 (948,200)
------------------------------------------------------------------------------------------------------------------------------------
Other Income (Expense):
Interest income 68,900 3,900 173,400 7,600
Interest expense (111,600) (177,900) (386,400) (376,800)
Other, net 400 16,900 (1,900) 19,900
------------------------------------------------------------------------------------------------------------------------------------
(42,300) (157,100) (214,900) (349,300)
------------------------------------------------------------------------------------------------------------------------------------
Income (Loss) Before Income Taxes Provision 431,500 (1,172,500) 3,073,800 (1,297,500)
Income Taxes 163,800 -- 1,198,800 --
------------------------------------------------------------------------------------------------------------------------------------
Net Income (Loss) $ 267,700 $ (1,172,500) $ 1,875,000 $ (1,297,500)
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Net Income (Loss) Per Share - Basic 0.015 (0.067) 0.112 (0.068)
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Net Income (Loss) Per Share - Diluted 0.013 (0.067) 0.090 (0.068)
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Shares Used In Per Share Calculation - Basic 17,392,754 17,591,859 16,737,311 19,214,947
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Shares Used In Per Share Calculation - Diluted 20,869,851 17,591,859 20,887,175 19,214,947
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Patsy, did you get any CINJ on the cheap? Seems to be on the move now.
Yes they did a 2 for 1 split in May I think it was.
Thanks for the welcome Patsy, nice break over here from the constant spamming on RB.
I mentioned CINJ as a real honey, I have one more I want to mention. We can quietly accumulate before news. Last time this ran it went from .25 to 4.625 and was one of my biggest winners of the year. Now the stock is all the way back down to .25 and here is what to expect. Should show a profit in Q4 also another split in Q1 how big a split I'm not sure could be 2 for 1 or perhaps higher. ALEX and NITE are both short the stock. O/S is 3.6 mm and float is only around 800,000 and I have plenty of that locked up myself. The market cap is only $900,000
CTDH: Cyclodextrin Technologies Development, Inc.
Web Page:
http://www.cyclodex.com/
Present level II
BID
ALEX .219
NITE .219
GVRC .188
WEIN .188
HILL .188
FRAN .17
FLTT .17
MASH .156
LTCO .156
HRZG .15
MHMY .135
ASK
ALEX .25
NITE .344
MASH .375
WEIN .438
GVRC .50
MHMY .51
FRAN .51
FLTT .62
HILL .875
OGRU 1.00
HRZG 1.063
LTCO 1.15
This stock is so undervalued, have a look and you will see what I mean:
They have .37 cents in cash alone earned .042 cents last quarter and .081 for six months ended and revenue numbers that look like this:
Three Months Ended Six Months Ended
June 30, June 30,
2000 1999 2000 1999
Net Revenue $ 7,915,300 $ 4,798,700 $13,868,000 $ 9,913,000
Cost & Expenses 4,637,500 3,207,900 7,771,300 6,857,800
Gross Prof it $ 3,277,800 $ 1,590,800 $ 6,096,700 $ 3,055,200
SG&A 1,838,300 1,462,800 3,281,900 2,988,100
Interest Income (15,500) (101,400) (172,600) (192,100)
EBITDA $ 1,424,000 $ 26,600 $ 2,642,200 $ (125,000)
Income Taxes 555,000 (61,300) (1,035,000) (61,200)
Net Income $ 869,000 $ (34,700) $ 1,607,200 $ (186,200)
EPS - Fully diluted $ 0.042 -- $ 0.081 $ (0.009)
Weighted-average no.
Common Shares Outsd.
Fully diluted 20,461,967 20,054,496 19,747,780 20,054,546
http://quote.yahoo.com/q?s=cinj.ob&d=t
Profile:
http://biz.yahoo.com/p/c/cinj.ob.html
Regards,
Shac.