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I am not the one deceiving investors. I was the only one here that told anyone the bad news 8k was coming Friday after market close....it did.
I warned of massive dilution...there was 31%
I said the dilution would be at a huge 50% discount to bid....it was $.18
Oh yeah the stock has been spiking from Jan. 1 at $.87 now after two "fantastic" PR's as rose colored glass newbite investor call it here it is now.....
X
x
x
x.......TIMBERRRRRRRRRR Two buys in two days @.38.
FINALLY SPIN ALL YOU WANT I WAS RIGHT ON ALL THREE COUNTS AND COUNT FOUR IT IS ABOUT TO HAPPEN AGAIN.....MILLIONS MORE SHARES @50% DISCOUNT DILUTING STOCK HOLDERS AGAIN.
I call it before it happens.....it don't try to spin it after it does happen. Hope everyone holding the stock has the same enthusiam when they dump millions again here before the end of the month. I KNOW I WILL HAVE A SMILE ON MY FAST BECAUSE JUST LIKE THE LAST MASSIVE DILUTION I PREDICTED....YOU CAN BANK THIS ONE WILL HAPPEN BEFORE MEMORIAL DAY WEEKEND.
NO SHARES TRADED....OF COURSE, EVERYONE BUYING IN BACK ROOM DEALS FROM BASILE AT $.18, WHO NEEDS TO PAY OPEN MARKET PRICES...LOL
Rest of your request is my private business. Sniffing about lawsuits call BIL.
Who I am shorting thru is my private business. Call your broker to find one for yourself.
He should of been shorting BMRX....MASSIVE DEBT AND 31% DILUTION IN ONE DAY.....ALL FACT!!!!!WEEEEEEEEEEEEEEE
Also don't be so foolish as to try and compare ADS to this POS BMRX. Plus this guy was sending instant messages to traders covertly. I put mine up here for everyone to see....and mine have been fact. Massive dilution I posted DID OCCUR no matter how many want to try and spin it. Unlike BMRX people still buying ADS heavily.....LMAO
FIRESALE ON BMRX STOCK AT $.18...NOBODY BUYING IN OPEN MARKET EVEN AFTER TWO "GLORIOUS" PUFF PR'S BY BMRX.....
CALL BMRX CEO BASILE DIRECT TO GET NEXT BATCH OF MILLIONS OF SHARES DUMPED AT $.18 THIS MONTH!!!!
BMRX DAILY PRESS RELEASES FAIL TO SPUR BUYING FROM THE SHEEP, SINCE MASSIVE 31% DILUTION AT $.18....ZERO SHARES BOUGHT IN TWO DAYS, STOCK DOWN 8%.
GUESS BASILE WILL HAVE TO ISSUE ANOTHER PR...... could it be....
BMRX to issue 1 Trillion Shares to buy Masterlock????
NO BMRX SHARES BOUGHT IN TWO DAYS!!!!WEEEEEEEEE
Guess I am not the only one that sees right thru the BS PR's Basile is trying to mask the massive debt and dilution with!!!!
FIRESALE BMRX STOCK AT $.18 CALL MARK BASILE...LOL
Shareholders who hold past this point will be having a different kind of Memorial Day Holiday........
THEY WILL BE REMEMBERING WHEN THEIR STOCK WAS WORTH TWICE AS MUCH JUST TWO WEEKS EARLIER.
Already 31% dilution, next this month......MOST LIKELY A BOATLOAD MORE
Lawsuits are what stopped BIL and Crestsewer dead in the water and could only give the moron Basile at BMRX $250,000 at 12%....LMAO Apparently Sequiam executives re-opened their suite because BIL defaulted on agreement reached in bankruptcy court. Also Black and Decker suing them for interfering with their business, don't exact claim B&D are pushing but probably fraud and collusion with BMRX whose main client is competitor of B&D.
Hopefully not from the same source that has obviously been blowing smoke up your.....
Ask yourself this...With your logic two glorious PR's two days in a row...NOBODY IS BUYING!!!!!
JUST trying to get you to understand basic facts, who would be stupid enough to buy in the open market when the idiot running the company is raining shares at $.18????
Bank on what I said....MILLIONS MORE DILUTION THIS MONTH...FACT!!!!
First, I don't know who Rob is, but I do know who Ed Chen is so it is you being fed a line of BS 10 feet deep. My post is fact yours and PR is wishful thinking. Unless Ed woke up this morning with six figures in real money from the liars at BMRX all they still have "secured" is 20 samples.
I know for a fact that Ed Chen still has 100% of the inventory in his warehouse.....READ CLOSELY HIS WAREHOUSE NOT BMRX.
If you think it is such great news why just go out and buy a boatload of shares this morning @$.40 they are 3 of us there willing to feed you all you can eat...LOL
But wait just call idiot Basile and get for $.18
BMRX SPIN OF THE DAY.....LMAO
""We are excited to offer these two new products as we grow our smartTOUCH product line of consumer based finger activated products. We have implemented a comprehensive integration and sales plan for these two established products which have been acquired as part of our deal to acquire the assets of the former Sequiam company. We have secured inventory necessary to fulfill outstanding orders, as well as to place these products into our existing channels through our partners," stated Lorraine Yarde, COO at bioMETRX."
SOMEBODY BETTER TELL ED CHEN BMRX HAS SECURED HIS INVENTORY....UNLESS THE LIARS AT BMRX HAVE PAID ED SIX FIGURES IN LAST 24 HOURS....
The only inventory they have secured is 20 samples.....
IF BY SOME SLIM CHANCE THEY HAVE PAID ED SIX FIGURES IN REAL MONEY THAT WOULD MEAN TWO THINGS.....
1. Ed may release a couple hundred each of the product...maybe since they owe him over $400,000 and that does not even cover costs to begin manufacturing their "new products" in fluff PR today or
2. If they did pay Ed then one thing is certain........
HERE COMES MILLIONS MORE SHARES AT $.18.....LMAO...SURELY TO BE CALLED NON-ONEROUS FINANCING.....SHAREHOLDERs BEND OVER AGAIN HERE IT COMES. I GUESS 31% DILUTION IN ONE MONTH NOT ENOUGH TO KEEP THE DOORS OPEN.
I GUESS NOW TIME FOR 3 PR'S A WEEK TO DISTRACT FROM $34 MILLION IN LOSSES AND MASSIVE DILUTION....GEE NOBODY SAW THIS COMING.
BANKRUPTCY LAYWER BASILE CEO OF BMRX leads to $34 MILLION in losses in last 3 years. If not for fancy accounting by CEO giving back worthless options losses would have been 36 MILLION in last 3 years.
LOOK AT THIS WAY WHEN BMRX FILES THEY WON'T HAVE TO LOOK FAR FOR A CHEAP BANKRUPTCY LAYWER....or just.........
TO COVER THEIR AVERAGE $11 MILLION IN LOSSES PER YEAR ALL THE HAVE TO DO IS ISSUE ANOTHER 55.5 MILLION SHARES @$.18..LOL
MY BET MASSIVE DILUTION COMING THIS MONTH TO KEEP DOORS OPEN
$34 MILLLION In LOSSES LAST 3 YEARS....OH YEAH MUCH BETTER TRACK RECORD THAN SEQUIAM.....NOT!!! BASILE BIGGER IDIOT THAN NICK FROM SEQUIAM
For Twelve Month period ended December 31, 2006 compared to December 31, 2005
During the twelve months ended December 31, 2006, net losses totaled $10,837,218 compared to $12,173,969 for the same twelve month period ending December 31, 2005. For the twelve months ending December 31, 2006, the Company’s general and administrative expenses totaled $12,673,521, or 94.9% of total operating expenses. During the same twelve month period in 2005, general and administrative expenses totaled $11,074,632 or 91.0% of total operating expenses. Salaries comprised $786,333, or 6.90% of total expenses for the twelve month period ended December 31, 2006 as compared to $396,504, or 4.42% for the nine months ended December 31, 2005. Included in the net loss for 2006 was a one-time gain of $2,600,000 related to the return to the Company by a former officer and director of 187,500 stock options valued at $2,362,500 and $2,500 shares of common stock valued at $237,500.
For the twelve months ending December 31, 2006, interest expense was $104,356, as compared to $7,012 for the twelve months ending December 31, 2005.
Research and development expenses for the year ending December 31, 2006 was $658,579, 5.00% of net loss as compared to $361,490, or 2.97% for the same period in 2005.
Results of Operations for the years ended December 31, 2007 and 2006
For Twelve Month period ended December 31, 2007 compared to December 31, 2006
During the twelve months ended December 31, 2007, net losses totaled $11,126,954 compared to $10, 837,218 for the same twelve month period ending December 31, 2006.
GOING TO NEED MORE THAN ANGELS TO KEEP THIS FROM SINKING IN THIS SEA OF DEBT AND MASSIVE DILUTION.
BMRX AVERAGE DAILY VOLUME 121,000...
VOLUME AFTER "GREAT FINANCING" NEWS......
2000 Right Sally?? "as you are bending over all of the other shareholders as well"...ONLY THE ONES NOT SMART ENOUGH TO COMPREHEND THE DEFINITION OF DILUTION!!!!
Funny people who thought it was such great news did not buy a single share today.....LMAO
FACE IT EVEN THE PUMPERS HERE DID NOT SUPPORT THE MORON BASILE AND BUY STOCK TODAY!!!! They too must be lining up to buy next batch of millions this month in Basile backroom deals for $.18.
Again if they can't borrow 250K from a bank for less than 12%when you have a PO from a AAA credit client like Masterlock, then please do everyone a favor and Basile hand the keys to the janitor who must have a higher IQ on the way out the door.
ACTUALLY BASILE NEXT POSITION PROBABLY AS A PROCTOLOGIST...LOL
YOU MUST BE KIDDING?? If the company has PO funding and factoring.
1. It would not have had to borrow $250,000 from crooks at BIL at 12%.
2. They would not have raped the shareholders by diluting them 31% in one day for a measlely $1.1 Million.
Any SMART SHAREHOLDER would be furious if the company had PO funding and still bent over and raped the shareholders like Basile and Company just did.
Any you can bet they are about to do it again to an even greater magnitude.
ONLY ACTIVITY TODAY WAS INVESTOR SELLING....LMAO
BMRX HAS ZERO VOLUME!!!!!
NEWS IS OUT....NO NEED TO BUY IN OPEN MARKET WHEN CFO AND CEO WILLING TO HANDOUT OUT MILLIONS OF SHARES AT $.18 IN BACK ROOM DEALS.
BMRX bank will not even fund a purchase order from AAA credit client like Masterlock. Tells you bank knows their track record better than people here looking thru rose colored glasses.
I would hand over the keys of my company to the janitor if my bank would not fund a Master PO for me...LMAO
NOBODY BUYING AT $.40.....WHY WOULD YOU WHEN YOU CAN CALL BMRX and get in line for the next batch of millions @$.18 in a few days???
VOLUME HERE ZERO.... PEOPLE HERE NOT BUYING....WHY IF IT IS SUCH A "SMART FINANCING"????
GUESS THEY BELIEVE THE OLD SAYING...DON'T TRY TO CATCH A FALLING KNIFE!!!!
WAKE UP...... I gave you two very easy examples of how to get financing without screwing the shareholders. This CEO and CFO you love chose not to do so. That was their call not mine.
I get huge PO's all the time from Fortune 500 and government agencies with my company. I pick up the phone call my banker fax over the PO and BINGO....line of credit at 1 over prime to complete order until I get paid.
FINANCE 101 if the CFO can't do this then just like Basile he is out of his league. Anyone who can't get a bank to finance a Masterlock PO is pathetic...That is FACT.
NO THEY CHOSE TO SCREW THE SHAREHOLDERS...FACT AT $.18 FOR 25% OF THE COMPANY FOR $1.1 MILLION...I could do that with my bank same PO from Masterlock in ten minutes.
So don't blame the messenger if these two don't have the skills or brains to do it. Just to remind you I shorted SQUM FOR THE SAME REASON BAD CEO AND CFO AND DEATH SPIRALING FINANCING WITH MASSIVE DILUTION...FACT
QUESTION IF ALL IS POSTIVE WHY IS NOBODY TRYING TO BUY THE STOCK I AM SELLING AT $.40...DASHED MY HOPES..LOL
SHORTS WIN BIG OVER WEEKEND ON BMRX AND YAHOOOOOOOOO!!!!
DON'T HAVE TO BUY BMRX STOCK IN OPEN MARKET ANYMORE....
LINE UP FOR NEXT BATCH OF "NON-ONEROUS" $.18 A SHARE BASILE AND THIS EQUALLY IGNORANT CFO WILL BE UNLOADING THIS MONTH..LOL
If you don't believe it will happen again this month and are stupid enough to buy in open market then you deserve the bend over humilation you will receive from these two morons.
DESPERATE PRE-MARKET SPIN...OOOHH NOBODY SAW THAT COMING...LMAO
Here's a lesson for the obvious financial newbies here.
1. If sales were so high from AAA credit companies like Masterlock they could easily get a line of credit.
2. Same if sales are so high they could even factor the sales proceeds.
These are just two everyday examples of what a CEO and CFO with half a brain could do before raping the shareholders. A sixth grader would know this.
LMAO...BMRX SPIN MASTERS ATTEMPT TO KEEP STOCK FROM PLUMMETTING WITH THIS PRE-MARKET LAUGHER!!!!
""Since most Institutional capital currently carries onerous terms, it made more sense for the company to turn to our existing angel shareholder base who presented us with favorable debt-free terms."
Great terms....diluted shareholders 31% in one day and sold 25% of the company at $.18 per share......
IF THESE ARE NOT ONEROUS TERMS, TIME TO GET THE CFO TO PULL HIS HEAD OUT OF HIS ........TOO DAMN FUNNY
NO NEED TO BUY BMRX IN THE OPEN MARKET.......
Just wait in next 10 days or so Basile will be bending over the shareholders again and selling MILLIONS OF SHARES @$.18 OR LOWER AGAIN.
Just line up......BANK ON IT.
As far as employees like, CTO and engineers who build and design everything none of them wanted to deal with the crooks who now control BMRX. If anyone thinks Basile controls it he now barely owns 5% of the company. If anyone wanted this POS the could buy the whole thing for under $5 Million. (Basile just sold 25% for $1.1 Million last week)
"Did they ever say Black & Decker on them" No...DUH...
Black and Decker had nothing to do with Biobox and Biovault.
All the posts you two do with you weeeeeee and !!!!!! won't change the fact that all that inventory is still in China as well as the molds and technology to make more and 20 samples and some photoshop to put them online....
DOES NOT MAKE THE IN STOCK IN THE REAL WORLD...LOL
ITS CALLED PHOTOSHOP....LOL...YEAH IF YOU CALL 20 SAMPLES WITH MASTERLOCK LOGO PASTED ON THEM IN STOCK....GET REAL
YES Deal was made with 13 investors to dilute all other shareholders 31% in one day because Basile does not know how to run a company.
And unless BMRX sends Ed Chen a ton of money this week......
BYE BYE BOXES FOR GOOD the thousands of inventory have never left China, suggest you to get better sources or one that will tell you the truth....LMAO
YOU HEARD WRONG.....Ed Chen thinks BMRX are a bunch of liars. Don't believe me call him at home in the Carolina's if your sources are so good.LOL
"BMRX's management answers their questions truthfully" are your kidding nothing about the takeover and BIL has been the truth.
Hostile I am shorting it, how you turn a blind eye and try to spin a massive dilution @$.18 is hilarious. Only 13 people made out on this deal....OOPS 14 ME!!!:)
Can't wait to see your spin on the next big dilution coming probably less than 10 days.
You can spin all you want this has been dropping like a rock since Jan. 1 @$.87 and if you think massive dilution 50% discount to bid makes a stock go up you better switch back to just leaving you money in your piggy bank
Mark Basile CEO of BMRX delivers MASSIVE DILUTION as promised!!!!Dilutes shareholders 31% in one day at $.18 per share. Perfect SHORTERS STOCK AS THE CHART SHOWS!!!
SELLS 25% OF COMPANY IN TOXIC FINANCING FOR $1.1 MILLION
As far as the biobox are you that guillible?? It is a biobox with Masterlock decal on it!!!WEEEEEEEEEEEEEEEEEEEEEEE
A photoshop copy online does not mean they can manufacture it and that is a fact you can't spin. BMRX does not own the mold the manfacturing capability or anything with Sequiam products including the customers. LMAO
Face facts your sources aren't very good. The only one with the boxes is Ed Chen. Call NY and see if you can find somebody to tell you the truth, I already know what it is. LOL
And if you get excited about a month chart and ignore the two year slide you should not be in the stock market.
Chart still looking good for the shorts!!!
January 1, 2008 $.87 to Friday Close $.37
SO FAR 57% LOSS FOR THE YEAR AND BEST TO COME STARTING TOMORROW FOR THE SHORTS ALL THE WAY DOWN TO $.10 THIS MONTH.
MAKE YOUR OWN INVESTMENT DECISIONS EVEN IF I WAS RIGHT ON START OF MASSIVE DILUTION.
Did BMRX receive $5 Million is Sequiam assets? Any customers. NO AND NO AGAIN. BIL and Crestsewer screwed up the whole thing.
So how could I be upset aboutBMRX getting something they don't have, where is all this millions in inventory all you pumpers were hollering about. I know where it is, Ed Chen owns it and everything else not BMRX..LMAO I benefited more than just from shorting from BIL and Bastile screwup...I counted on it and won.
Funny thing is now new suppliers are taking over Sequiam old customers not BMRX.. and OOPS all the technology they were after was controlled by Sequiam East now owned by Ed Chen, that is fact no matter how you spin it.
So what did they get beside diluting the living daylights out of the stock for $1.1 Million....ZERO
If outlook was so great Basile would not of just sold 25% of the company for $1.1 Million????
Hope you like the chart...starting tomorrow invert it..LOL
Your observations are cloudy why would I be upset about the Sequiam sale I shorted that down from $.12 and only bought some back at $.001 in case somebody does something with the shell.
THE 31% DILUTION SO FAR IS NOTHING, BUT IT'S COMING AND IT WILL BE THIS MONTH. WAS NOT WRONG LAST TIME WON'T BE WRONG THIS TIME IT IS COMING SO FAST IT WILL MAKE YOUR HEAD SPIN.
I feel bad for you. I have no desire to see you lose money but it is envitable with your logic here. You have very bad sources who are not telling you what is really going on.
I told you the 8K would come out after the market close Friday...It did.
I told you there would be massive dilution...There was 31.4% in one day
I told you the stock would be sold at a huge discount while pumpers here paying full price.....It was $.18 per share...
I told you BIL could not come up with more than $250,000 because they were hit by huge lawsuits. I was correct
I told you that BIL was full of crap when they stated to run up stock price they were transferring 5 Million in assets. I was correct Sequiam East seized by Ed Chen who now owns all biobox and vaults molds and inventory. Only shipped 20 sample Masterlock branded samples till he found out what a liar BMRX were.
I could go on, but as usual most of you will wait until you see the delayed 8K's...Fine I get to keep shorting at a higher price.
BUT FACT THERE WILL BE MORE MASSIVE DILUTION BEFORE THIS MONTH IS OVER.....BANK ON IT.
*SOON TO BE THE NEW TAG LINE FOR THIS COMPANY AS WELL"According to the reporting of a fully reporting transparent company: As of September 30, 2008, the Company had 168,996,941 potentially dilutive common shares (per 10Q) the TA says there are 93,725,266 shares outstanding. The question is who to believe"
BMRX does not own the biobox or biovault molds which is owned by a separate entity. They begged for 20 to see what it would look like with Masterlock brand on them.
Hunt down Ed Chen who owns what used to be Sequiam East that manufactured everything sold by Sequiam. He owns all the inventory of the biobox and biovault and all the molds and manufacturing not BMRX you have been misinformed again.
BIL defaulted on the agreement reached in bankruptcy court to transfer assets to BMRX, thus all the lawsuits and why BMRX only could give BMRX $250,000.
Touting $1.7 million in gross sales is a poor understanding of the facts. Fact both at Sequiam (Black and Decker) and now BMRX (Masterlock) the companies get very little 34% gross margin at most. Masterlock takes the lion share.
If their margins were not so bad they would not have just sold 25% of the company for $1.1 Million. Even with that amount of money the cannot either purchase the assets of the biobox and vault and their inventories or even produce the next 10K unit order for Masterlock.FACT
THAT IS WHY YOU WILL SEE ALOT MORE DILUTION (TWICE AS MUCH) VERY QUICKLY TO KEEP BMRX DOORS OPEN.....
OH YEAH...BASILE MADE A REALLY SMART DEAL...LMAO...FOR 13 PEOPLE.
"I think they cut a great deal" Yes those 13 investors did....Basile sold 25% of BMRX for a measly $1.1 Million====TOXIC FINANCING Don't think for a minute those warrants at $1.00 won't be downward adjusted very soon in their strike price.
NEXT PREDICTION YOU CAN BANK ON!!!!!
In next 10-15 days twice as much new stock will be issued @$.18 or below with double the dilution. Count on it.
BMRX cut a great deal beneficial for 13 investors only which bought at $.18. Which is probably the high point of where this stock will be in less than 30 days.
Love how all the posters here bragging about the huge investment coming into BMRX from BIL now it amounts to only $250,000. Also what happened to $5 Million in assets being transferred by BIL into BMRX.LOL
No matter how you look at it investors were diluted 31.4% in one day for a paltry $1.1 Million.
So have very limited stock market knowledge if they think just because stock is restricted for 6 months it does not count as dilution....GET REAL. It allows them to sell stock they already owned knowing that have a base stock just given to 13 people by raping everyone else at $.18.
SPIN ALL YOU WANT IF IT WAS GOOD NEWS IT WOULD NOT OF STAYED HIDDEN FOR A WEEK AND RELEASED AFTER HOURS ON A FRIDAY. ANY SEASONED INVESTOR KNOWS THAT IS WHEN COMPANIES RELEASE BAD NEWS 8K'S. I GUESS SOME HERE DON'T FALL INTO THAT CATEGORY OF KNOWLEDGE. JMHO
Ameritrade still shows mythical conversion shares as:
IDS WORLDWIDE, INC. HLS WORLDWIDE RESTRICTED SHARES..FACT
Absolutely no conversion from a private company HLS Worldwide to IDS Worldwide, Inc. common stock. Simply blatant lie trying to manipulate market of IDS common stock for past year by a whole 4 people of the internet....FACT Just deleting a truthful post does not make the year old lie of the phantom conversion true.
I will love somebody explaining to the SEC the law the they "know as fact" compelled them to post hundreds of times the blatant lie of this conversion...now that would be interesting for them to check everyone posting that big lie.
Especially when the same made up lie only appeared when IDS stock starting going up again....I THINK THEY CALL THAT STOCK MANIPULATION....all be not very successful...IDS UP 700%
IDS STOCK UP 700% DESPITE MYTHICAL HLS DIVIDEND CONVERSION INVENTED BY ANONYMOUS INTERNET POSTERS FOR THE LAST YEAR.(nobody ever posting this mythical conversion has ever posted a link to the registration statement proving it happened.)
IDS OUTSTANDING SHARES OF ONLY 43 MILLION ONE OF LOWEST IN PINK SHEETS.[/B]
IDS Worldwide, Inc. Announces Restructuring to Include Authorization of 5 Million Share Buyback and Retirement of Former Executives' Stock
Tuesday April 15, 11:27 am ET
IDS Worldwide, Inc. to Retire Millions of Shares of Former Executives' Stock to Treasury
ORLANDO, FL--(MARKET WIRE)--Apr 15, 2008 -- IDS Worldwide, Inc. (Other OTC:IDWD.PK - News) announced today a major restructuring of the company. The restructuring which has been planned during the last seven month quiet period includes new board members and executives, the retirement of millions of shares of former executives who have been dismissed, authorization of a 5 Million Share buyback due to market conditions and the injection of millions in capital and new technology that the company is acquiring.
ADVERTISEMENT
IDS Worldwide, Inc. has evaluated all offers during this quiet period that have been previously announced and have decided to go forward with its own internal restructuring instead of accepting any buyout offer at this time. IDS believes the former offers are not sufficiently capitalized to benefit the majority of shareholders.
IDS Worldwide, Inc. has decided to end its self-imposed quiet period at this time to dispel any market rumors of any reverse split, buyout of any public company resulting in massive dilution or merger. IDS is acquiring significant technology and contracts for cash. Some technology being acquired may be from public companies but does not involve any exchange of stock or merger. Additionally, the majority of the capital and technology is coming from former and new company insiders.
IDS Worldwide, Inc. will launch a new informative website with this new technology shortly. With this restructuring, IDS will have less than 37 Million Shares Outstanding, as well as well-capitalized and significant technology advances in the market place. The new capital has already allowed for production of new products and has built significant inventory for immediate sale.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
Contact:
Contact:
IDS WORLDWIDE, INC.
Hedge funds have been known for years to hire people with nothing else to do to sit on stock boards and try depress the price of a stock the hedge fund is shorting.
These posters usually make up anything even if their post is not even remotely legally possible.
Such as phantom stock dividends in HLS stock dividend magically changing from a private company into a public company common stock like IDS..... Have you ever heard of somebody doing this over and over ???
Yes, like recycling the same myth over and over to try and manipulate the price of a stock for almost a year...
Posted by: Jungle_Trader
In reply to: crossbow who wrote msg# 21580 Date:7/29/2007 5:46:04 PM
Post #of 22082
Have your HLS spin off shares turned into IDWD restricted shares too?
Funny how same myth pops up again when IDS stock starts climbing again.
Posted by: Jungle_Trader
In reply to: hitechwatcher who wrote msg# 22055 Date:5/2/2008 9:50:34 AM
Post #of 22083
OK. But only after Downs dumps about 29 million of those dividend shares, right?
Same myth year later when everyone knows it is not legally possible without a registration statement. I think I asked for the link for the registration statement that would make this repeated posted myth possible, all I heard was dead silence.
BECAUSE THERE NEVER WAS OR COULD BE SUCH A CONVERSION....LOL
I am not saying you are working for a hedge fund, I just find it weird that you would be posting the same impossible mythical conversion of a private HLS Dividend into IDS common stock when you don't even by your own accord own the stock??? Just does not make sense.
I agree many firms have been caught hiring people to post on internet stock boards to excess of hundred of times per month negative false information in order to aid hedge funds shorting and manipulating stocks.
These people are easy to spot as they usually don't own the stock and the answer any post with their own negative post usually in minutes and often work in tandem with two or three different aliases and monopolize 90% of the internet stock board.
My purchase and huge profits on IDS are my own call. Everyone else free to consider it a "dead" stock or buy on their own. GLTYA
I don't fall in love with any stock. I did sell enough IDS to book the profit. So I booked 700% profit on what I sold. All the shares I have left are free shares, maybe higher on the rest. I don't recommend people to buy or not buy.
And I certaintly don't try to give people advice on a stock I don't even own. Selling a stock and booking huge profit is always smart. Does not mean I may or may not be confident in it going higher.
Means I was smart enough to buy it at the right time even though others called it a "dead" stock and smarter enough to know when to sell again. Thanks for the concern.
Let's see....his advice made me 700% this month. Anyone listening to most poster here would have only heard about phantom stock dividends, fuzzy math and same 4 people who were wrong when they posted day and nite IDS stock was dead.
SO I GUESS I LISTENED TO THE RIGHT PERSON.
None of you were right.
REMAINING DILUTION SHOULD INCUR IN LESS THAN 30 DAYS
WARNED THAT BAD NEWS 8K ALWAYS COME OUT AFTER MARKET CLOSES ON FRIDAY!!! BUT GREAT NEWS FOR SHORTS.
Since some here don't know how to read an 8K and thought this was good news.....HERES AND EDUCATION.
MASSIVE DILUTION 31.4% IN ONE DAY....4,920,555 @$.18 and the $250,000 which most likely will convert next 10 days...1,136,363 @$.22
STOCK SOLD AT 50% DISCOUNT..while everyone pumping here was paying full price. (13 investors could dump stock all this week while 8K was held to get some of their money back immediately)
12% INTEREST PAID FOR ONLY $250,000 (this for all assets of Sequiam....proves BIL was BS about transferring 5 Million in assets.
Now to read between the lines:
1: BMRX finances in such pathetic shape they can even get bank loan for $250,000 to buy supposedly $5,000,000 in assets.
2: Where is the $8-15 Million from BIL that BMRX needed to pay for its steep losses? Why could they only come up with $250,000. I already answered this one BIL dead in the water facing major lawsuits....not my problem some can't find on PACER...maybe because you spelled it "suites".
3: This financing only raised $1,135,700 and diluted stockholders 31.4% in one day, not the minimum $8 Million they needed. Basile has to beg 13 former shareholders they would lose everything if BMRX did not get money immediately...all he got was a bandaid and shareholders got screwed.
4: Worse is yet to come. Bandaid financing only kept the doors open, did not save manufacturing facilities in China or even finish Sequiam deal. So now read first paragraph ...another $3,000,000 on or BEFORE (like just around the corner) October 2008 which at same discount as this 8k ($.18) will mean another 16,666,666 more shares representing ANOTHER 86% DILUTION.
5:This doubles to total O/S in less than thirty days.
FINALLY IF THIS WAS SUCH GOOD NEWS AND THE DEAL WAS DONE LAST FRIDAY.....WHY DID THEY WAIT A WHOLE WEEK UNTIL AFTER THE MARKET CLOSED TO ANNOUNCE IT????
So proves Basile is another patsy for this type of financing and he certainly is out of his league. If he really thought Sequiam was such a great deal why could he not even come up with $250,000. Monday begins the downward spiral of the PPS that will not stop for some time. JMHO
Don't take this as argumentative but your assumption is dead wrong. Seqiuam was selling so many they could not keep them in stock. BIL could not pay for inventory that was sitting ready to ship in China for Seqiuam and they can't pay for it now.
The factory that made all the boxes and the inventory has been seized by the Chinese owners. That is why they only have 20 boxes, there are thousands in China, BMRX has no money to pay for them or the next batch of Masterlock products.
BIL has stopped transferring funds after being hit with major lawsuits which they are attempting to keep quiet. This whole thing has turned into one big screwup by BIL and Crestsewer. Which is why I short everything the touch and have never lost yet.
By the time and 8K hits now this will be toast. JMHO
Time to go play golf. Good luck
DENIAL is waiting till the news hits how badly BIL has screwed the deal up, the news of the lawsuits, the fact they stopped giving BMRX any more money, the fact BMRX has no money now to fill Masterlock orders.....that is your DENIAL.
When it does hit the new you will be lucky to get $.24 as it crashes.
Shortsellers make their money taking action before the rest of the sheep read it on a newswire..If you think none of the above has happened....then get inline with the rest of the sheep as the PPS is about to get slaughtered.
YOU HAVE BEEN WARNED. Just my opinion, make your own investment decision. My decision to keep shorting this all the way down has already been made. GLTYA