Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
From a reliable source ? ( if their is one )
lol He said he just talked to Bickel on Thursday ( 5/10 ) he also said its not 30 m " that I know for sure ". Averaging almost a post every 2 min, I'm sure he'll be here soon to give an update. I would say its time to scale in brother.
No problem, you asked and I answered, I just hope they were up long enough so oilman could jot them down lol
No problem, you asked and I answered, I just hope they were up long enough so oilman could jot them down lol
It might be, but I'm leery of any ceo who has " coffee klatches " with individual investors, telling them when and what pr's are going to be released. That info is then pumped all over the internet... doesn't seen ethical if not illegal. The sec has been alerted. Stay tuned.
I agree, when credibility has eroded to this level, its time for a change in management. I can honestly say I've never heard a ceo say something that ridiculous in a interview that was heard by thousands and then not make a statement correcting it ? gl to you Holter, you're one who says what you think, somehow I hope you get out of this.
lol Its not that I have " very high " standards. I expect to hear the truth once in a while, when was the last time that happened ? btw, after the r/s it wasn't a sub penny stock, but that didn't seem to matter. Its seems as if your implying that if a co's stock is .02 or less, that gives them the right to steal investors money ? I don't talk about other stocks on this board, I thought it was against I- Hub policy, one I'm buying is cwrn, buy it and hold on, its at least a double, maybe more. your welcome
Don't you wonder about the lies he told ? The list is staggering. And don't forget any or all of the Redwood candidates could fall through. And the fact the selling pressure is at break even or at a loss on a daily basis. The unknown shr count. The otc rating system that goes into effect soon. The Abaxis questions raised by the interview @ wallst.net. When I look at the FACTS, and try to make a case for buying at this point in time, no way. Something is wrong here, really wrong. Fushi is the only bright spot here, and I think fushi had as much to do with the little pop today as the pr that was released. jmo
jmo, but releasing this news now, before the 10-Q, has all the earmarks of a pump and dump. Maybe the 10-Q is ok, maybe they won't even file, too many unanswered questions for the flippers. Usually a co will try to release something positive AFTER a bad ER, a little damage control. There's one of 3 things going on here 1. You're witnessing a classic pump and dump. 2. Jim Bickel is going senile. 3. DERBENSKI is actually Jim Bickel and he's trying to drive the pps into the ground, so all his buddies can soak up the cheap shrs..lol 4. ( lets add one more ) Things are actually turning around and this baby going to explode one of these days. gl
lol Thats why I don't ask this co questions, I listened to that interview 4 times, and what he said was that Sino RECENTLY got sfda approval.....I don't think he really has a clue what he's saying anymore. There's also the issue that Abaxis has said that distribution agreement with Sino is not FORMALIZED yet. What does that mean ? I'm wondering if Abaxis hasn't contacted Bickel, I'm sure they're not happy about this.
I don't see that happening lol They would need the National Guard there and with the war and all I don't think resources are there. lol
Hey Oilman, you seem to be taking this Abaxis news rather well....have you been sedated ? lol All I can say is they better file, remember the new rating system otc is starting up ? Skull and crossbones would not be a pretty sight, unless the co starts marketing rat poison.
I don't even want to hear the excuse or lie they will come up with on this b/s. I have the answer from Abaxis, I trust them to be honest....why would they lie ? Someone should be doing hard time for this ....its one thing after another with these people.jmo
Scoobey, aren't you a little bit concerned about the statements made in the wallst interview ? Are you going to check them out ? imo Jim Bickel has lost it. " " Abaxis has nor received approval from the Chinese FDA; therefore a press
release is premature. Furthermore, a distribution agreement with Sino
UJE is not formalized jet."" We were told all along that the distribution rights were Sino Uje's. There were even pictures from the fair. This is bizarre.
Thanks for the info, I can't believe these guys get away with this, my trading of this stock has been a real eye-opener to say the least. I'm sure wallst.net won't appreciate the b/s Bickel spewed on their website. I'm almost in shock about this Abaxis deal, if this was all bogus then what else did he fabricate ? My brain has finally caught up with my gut, I always thought certain things didn't make sense here, boy is that an understatement. gl
Here's the e-mail address should anyone think I altered the response. Check it out for yourself. Regards, Columbo vostoich@abaxis.com Good luck to all of you
Just received an reply to my second e-mail to Abaxis, and its what I expected. You boys and girls better re-think your investment decisions, thats all I will comment on. Date: Mon, 14 May 2007 16:02:22 -0700
From: Vladimir Ostoich <VOstoich@abaxis.com>
To: xxxxxxxxxxxxxxxxxxx
Cc: Clint Severson <ClintSeverson@abaxis.com>
Subject: RE: SFDA APPROVAL
Sir,
Abaxis has nor received approval from the Chinese FDA; therefore a press
release is premature. Furthermore, a distribution agreement with Sino
UJE is not formalized jet.
Sincerely,
Vladimir Ostoich
VP Marketing Pacific Rim
-----Original Message-----
From: xxxxxxxxxxxxxxxxx
Sent: Monday, May 14, 2007 4:55 PM
To: Vladimir Ostoich
Subject: SFDA APPROVAL
Sir, My question was refered to you from Mr. Severson. Recently Jim
Bickel, Ceo
of s3 investments, made the statement in a taped interview on wallst.net
that
sfda approval had been attained for your products in China. Is this true
and
why has abaxis not made this announcement ? As you know Sino Uje is a
sub. of
S3, who has a distribution agreement with your co. Please, could you
look into
this and return an answer asap ? Thank You,xxxxxx
Scoobie just asked that question to Andrew Beyer, this was he response. 5. What is the current common share count?
5. As always, the last number of shares outstanding that we have, which is the last number publicly reported, is the 16 million as of the last Q. If we add the Preferred shares that were to be converted, that would give us 28 million, as of the last disclosure (( Please don't start with the name-calling, ( and oilman, it wasn't that funny ) lol Good DD takes time, and this time around I'm going to do it BEFORE I buy.))
Thats odd, on 5/11 you asked what the float was.....I thought you recently talked to Jim Bickel ?
This imo is pathetic, something this important and it seems no one knows jack s--t about it. How could Bickel make such a statement and the ceo of Abaxis knows nothing about it ? This is like a rerun of the Twilight Zone lol
Here it is, the reply from Clint Severson, CEO OF ABAXIS Date: Mon, 14 May 2007 10:53:55 -0700
From: Clint Severson <ClintSeverson@abaxis.com>
To: XXXXXXXXXXXXXXXXXXXXXXX
Cc: Vladimir Ostoich <VOstoich@abaxis.com>
Subject: RE: sfda approval
XXXXXXXXXXXXX:
I know we submitted for approval but I do not think it has come through
yet. Vladimir Ostoich is the Abaxis person responsible for the Pac Rim
he would know the details.
Thanks
Clint
-----Original Message-----
From:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Sent: Sunday, May 13, 2007 4:47 PM
To: Clint Severson
Subject: sfda approval
Mr. Severson, Hello, recently Jim Bickel was interviewed on
www.wallst.net about
his co. s3 investments ( sivc.pk ) he stated in that interview that s3
had
gotten SFDA approval for abaxis products. Is that true ? And why didn't
abaxis
release a pr regarding this ? The interview can still be heard at the
wall st
website. Please look into this and let me know what is going on.
Thank you,
XXXXXXXXXXXXXX
Doc, I thought we went over this before ? Its simple, I lost money here as the direct result of the dishonesty of this ceo ( imo ) I bailed @ .021 and stated I might buy back @ .01 ( I have since lowered that buy-in target. Believe me I know more about this co than I ever wanted to, and I'm just trying to figure things out here like the rest of you. If you think I'm bashing to lower the pps, thats absurd, the co is and always has been their own worst enemy. Seriously, if I get good news from abax, I will post it gladly, as of now I've gotten no response. Maybe you should try ignoring my posts, I feel I have a right to voice my opinion, whether you agree or not.
I don't own the stock and please stop crying, you can just as easily ignore me, it doesn't matter because I don't pump stocks, I make up my mind and buy them without all the hoopla some of these board jumping scam artists are doing. You don't know anything about sivc, its obvious, so go argue with someone else.
I sent an e-mail to the sfda agency too, maybe they'll reply but I doubt it. You would think the announcement would have been made by both co's on the same day, they are working together. What will abax shrhldrs say when they hear this lol This unbelievable.
If this is true, then why didn't Abaxis announce it ? I have e-mailed them and will post their answer, I can't wait to hear it.
Guess again, Thursday he was unavailable, I tried to contact him.
Nothing, as long as you don't try to get her drunk to sell your shrs to her lol Out of the shadows for a while ? Whats your take on the sfda approval Bickel was talking about ? I'm confused as usual.
What day ? He wasn't available most of the week...what day did you talk to him ?
How did you get ahold of Jim Bickel, and what day did you speak to him ? I want to check out your claim....you always claim to meet or talk to co officials, you must be quite important...no ?
You call it bashing, you have no idea what this co has done to its faithfull. Do you know of the 150-1 rs they just blessed us with ? imo you don't have a clue what is going on here, but you will soon learn.
Excuse me, but you've been buying this stock, right ? Don't you think its a little late to ask these kinds of questions ? If you had done your own dd, you would know the answer.....which is you should have done your own dd. Get it ?
http://www.sfda.gov.cn/eng/ You're right, this week will be interesting for sure. I hope for all shrhldrs sake J. Bickel didn't jump the gun on the abax news, that would be embarrassing to say the least. I'm e-mailing Abaxis about the approval, they have been waiting for this for quite some time, they surely would have pr'd this good news. This is unbelievable imo. gl
I like stocks that everyone wants to buy, I find they have a much better chance of going up. If this falls to .005, that would be enticing, but then you would already taken a 50 % buzzcut. There's a difference between senseless bashing and the reality of dishonest management. I don't feel sorry for this co, they deserve all the bashing they get. gl
I have said all along, the pink sheet fiasco was not an accident imho, there has never been an honest explanation as to what actually happened and why. Some things you allude to just verify my beliefs. The kicker was the follow up reinstatement prs, anyone that didn't see through that owns TOO many shrs lol. With so many unanswered questions, I think these scheduled, rehearsed interviews are a disgrace. Plain and simple. The real questions, the ones that really are going to give investors the true direction of the shr price are never answered, thus I have to assume the worse. Too many times these kinds of co's think all they have to do is change their symbol and move to another exchange lol that game has been worn out in recent years. Somebody better start giving some honest answers or retire, preferably the latter.
I agree, surprising would be an understatement. Just to clarify its SFDA approval not FSAD in case anyone not familiar with this process wants to ckeck it out. I listened to that particular part over and over and I can't tell what exactly he's saying. I just can't believe that abaxis has not mentioned this at all, if fact they just reported a short time ago and their pps has actually taken a little bit of a hit. I've always thought that abax stock would be a buy should sfda approval ever happen ( seems China is one of, if not the only LARGE country that they still don't have approval in ) This is very strange indeed.... wouldn't this be considered insider info in a sense ? ( as far as abaxis ) Something doesn't jive here, but thats par for the course. It just seems every time this co has something positive to say, it somehow turns negative. Not a bash, just an observation. On top of that you have guys like DERBENSKI working weekends digging up dirt on sivc, I'm beginning to think this stock is cursed lol
" 1. SINO recently received FSDA approval for the Abaxis blood testing equipment " Are you sure about this ? I find it hard to believe that Abaxis made no announcement to THEIR shrhldrs. This should be good news for them, why did they not announce it ?
Earnings report, or lack of.
Wouldn't you think if the float was 16m, with all the questions being sent they'd be happy to confirm it ? So I have to believe its 28m. I agree with a, b, and c, lol but maybe " all of the above " might apply. I wish JB would step down, now that would be the fresh start this co needs.
Thats one small part of the puzzle. First ,if and when the deals are DONE and in the books, it will be some time before any revenue is realized. More pressing issues concern the upcoming er, abax approval in China ( you have to believe thats close ) reinstatement to otc ( thats a coin flip ), the shr count ( no one seems to know ) where sivc rates in the new otc rating system ( that could really help )... all or any of these issues could move this stock, up or DOWN , its not as simple as you think, this stock will put you to work. lol gl
Well, that could be but I don't believe it. I think he might of held on a little too long, I personally think its pathetic what he does, and actually lists the " Bible " as a hobbie. lol