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.
Just because I post good info about this scam, doesn't mean I'm not the one buying at 3 and selling at 12 or buying at 19 and selling at 23.
Rinse & repeat ... only the longs are toast ... NITE will make sure of that.
Patch,
You missed much in your research.
Like when they hung another sign in the window at the Kirby locale, put out a PR stating they had OPENED a clinic, followed by a PR stating the locale was booked solid, and then within months closed the whole sha-bang down without informing SHers until after the ruse was discovered by icewares (over on the yahoo boards) ... their PPS suffered mightly from THAT play.
I suspect they had their 'Acquisition of Texas Mobile Health' PR ready to roll, but had to delay it until they could institute damage control on the clinic closure.
Worse thing about the company is their unpaid obligations, not to mention the good-will they lost with the clients that were abandoned when the clinic shuttered.
Surely, those doctors/clients use other services now or, more likely, they have opened their own imaging cost centers.
Since ultra-sound equipment has recently gotten dirt cheap, why would anybody even need the services of an old van with a zerox machine onboard? (ref: pending acquisition of TMH / Basic Solutions ... which don't even have real offices ... they are run out of some backyard).
Company is a mess, late on bank obligations, judgements, screwed-over suppliers and equipment lease-holders ... lots of 'blue sky' here, right?
The only thing holding the PPS up is the kool-aid support looking for a short-squeeze and another PR.
Well, good luck with timing an exit from this one as many have made a bit from a flip & LONG is a crazy position here.
The humor
is people are actually buying into this scam.
This stock is flip-city.
This company is just the PR machine which is the enabler.
No talent, no real assets (them or their acquisitions), no solid future prospects, just a paper game run by science-fiction authors and played by kool-aid drinkers.
Actually, it was .0003.
What he said ...
The Janks is getting yanked!
He said:
This PR told me that BEDA is cleaning up their financial mess made in 2009 and prior. They also wish to increase transparency. They have stated they wish to increase PPS.
What that really means:
BEDA has been in business for decades, but even though they have pulled their game on people before, you should BELIEVE they have the goods now.
They are becoming so transparent that you SHOULD be able to 'see right through them'
They would love for you to buy their bull (and their stock).
He said:
In other words, BEDA so is the deliquent teenager on the street that got a haircut, put on a suit, and is started to brush his hair. Here's hoping it turns out alright.
What that really means:
New sheep skin. Same old wolf. Anybody up for some three-card monte?
Did Poker win a tournament?
Is he using his winnings to become the magical savior (private financier) of the big BEDA stock repurchase?
I figure BEDA couldn't get another plugged nickle from their bank even if they crawled in on hands and knees.
In fact, I highly suspect BEDA is well behind on many instruments of obligation.
Since they are already into Poker in a HARD way, maybe he is bending over again.
LOL
LOL
LOL
This company is a crock!
Pennyman,
This company is like the guy who rents a Cadillac to drive to his class reunion.
Or as we say down here in Houston ... all hat and no cattle.
Finally, somebody gets it.
FTD is the only factor when dealing with MM's & naked shorts.
Big message board, big hopes, but NO SQUEEZE, no way ... just all of you increasing positions, fueled by kool-aid.
So, who can time this thing and not get burned?
Because company is going nowhere, ever!
Like they ask you at the grocery store ... Which do you prefer, paper or plastic?
Blade,
It's a no-brainer for NITE to just continue selling phantom shares because this leopard (BEDA) doesn't have a chance of ever changing it's spots.
This stock will always end up back in the gutter.
NITE could cover next year, the year after, or any other year because BEDA will see the low .XXXX's again ... over & over & over.
Management has had BEDA for almost THREE decades and the whole value of their float is about equal to what one good Dentist makes in about 3 months!
About 14 months ago this company did a reverse split of 1:400, had an almost zero float, put out pump PRs, sold into the PRs like the thieves they are, and the stock has tanked back to nothingness.
More PRs and a fresh set of kool-aid drinkers.
Posted This Before ...
First off, if NITE decides to put the wood to this stocks PPS, you'll be victims & nothing will be done about it. PERIOD.
No SEC regs can save you.
Mr. Roger O.Riney Chief Executive Officer of Scottrade is President of Knight Trading Group (NITE...your MM here).
Conflict of interest?
If you yell loud enough, you'll suffer the same fate as BIEL.
BTW.
TDAmeritrade uses NITE for their MM also.
Flippers, kool-aid drinkers, shell acquisitions, crooked MMs & unrectifiable naked shorting ... and these are probably the BEST things that can be said about this little scam of a company.
About Marketwire...
You know, the guys who singled out BEDA as the featured company in this last PR piece.
Yep, the same PR which has this board catching a buzz off a new batch of kool-aid.
Right there at the bottom of the PR it says:
Occasionally, the company <Marketwire> obtains and engages in investor relations contracts
Anybody wonder who THAT refers to?
Drink up!
They're thinking their stock is right there waiting to explode, but there isn't a prayer because there lacks a substance to their company.
And the author of that piece could have easily been the profiteer from your transaction.
If not from selling you shares or via BEDA directly, I'm pretty sure he made money from somebody related to BEDA for his writings.
Moo ...
The Marketwire piece today would have had some merit had anything it claimed actually applied to BEDA.
Ask yourself why they didn't write the same article about the thousands of other stocks that actually have substance.
Because BEDA is the sucker stock that probably paid for the prose.
The only MOOvement in this stock today is from the donations the folks on this board are making to the kool-aid fund.
Moo ...
How Can You Expect ...
a leopard to change it's spots?
Especially when the cat running this POS is actually a snake.
Even the people that have only been in since mid-January can see the suspecious nature of BEDAs PRs.
The language is purely a song for suckers to learn and sing at concerts ... not Farm Aid, but rather kool-aid.
Sing along!
"We are the fooled,
We think like children,
We are the ones who make a brighter day (for Grahams pocketbook)
So let's KEEP giving.
There's a choice we're making
We're sharing our own LIES.
It's true
We'll make a bet TOday (and keep on losing)
Just moo and me.
You have it all right here in front of you.
Just go back 14-16 months and read the board.
Your suspecions are founded, you are going to get hosed by this management. PERIOD.
Jump ship and leave the chasers holding the bag.
Time To Jump Ship?
in answer to trader_lou
a) The share buyback
~company is basically broke & has jacked their lenders over...so where's the buyback money coming from?
b) The TMH acquisition
~acquiring a company with nothing to offer except a chance to issue another fluff PR.
c) The filing of Pink Sheet Compliance
~they have been going to do this for how long now?
I'd suggest you go back to the end of '08 on this board and just READ posts ... the content will scare you off this POS company in a hurry.
Just look at the float after the 1:400 reverse split a year ago and the float now ... who besides the owners benefited from the massive increase? and where's that cash now?
WTF!
BEDA is a POS company, but
sethsmith wrote:
LOL....to my fellow northern californian...who lives out in Paradise....Im going to continue adding to my short position...cuz I think BEDA, is going to continue falling..to .0003...just like it was a little while ago! PEACE.
So, tell me which broker lets you short a sub-penny stock.
Please, enlighten us as to which solar system you are posting from.
You, sir, are full of it.
But they added 6 new clinics to their BUSINESS PLAN .. LOL
AND when they put out the new sign saying Reliant Health at their Kirby Rd location, they said it booked the place solid ... of course, they closed that clinic a few months later.
Jeeeze, somebody here is finally waking up.
Go back 13-14 months and read this board, you'll get all the DD you need.
The DD you should have done before sinking a nickle into this hole.
Grasshopper, some food for thought.
Actually, it's the company that sucks.
You guys can only keep it propped up as long as you keep throwing money at it.
When you are all-in then the support goes away and you lose big.
Only Thing Keeping This Stock Propped Up ...
the folks on IHub who keep buying more kool-aid.
For the price of a million shares ...
You could keep the schizoid street corner bum in booze for a weekend.
I'm sure his DD is as solid as yours.
Besides, your money will end up in the same place after he winos it through himself.
At least this way you'd have a friend as nuts as you are.
"Have you tried to get a loan/financing in this economy?"
Didn't you really mean to say .. "It's going to be next to impossible, no chance of any favorable terms ... I mean, have you tried to get a loan/financing after stiffing suppliers and finance sources?"
So, a bad deal to get funds to buy back stock for way more than the .0001 it is really worth?
Doesn't matter, the way I figure it, they probably won't pay back the money they borrow anyways ... unless they dilute the holy hay out of this ... some more.
And don't say they haven't because the float was nothing after the reverse split 13-months ago and NOW ... WOW!!
Didn't BEDA Claim Full Capacity?
A Few Short Months Before Shuttering Their Clinic On Kirby Rd?
What's this about trouble collecting from insurance companies?
I thought that was their prowess!
Did they do a huge reverse-split on their revenues, also?
Posted by: PokerVertigo Date: Thursday, January 29, 2009 11:05:59 AM
In reply to: timetomakemoney who wrote msg# 12107 Post # of 17756
I don't have any money... Most of mine is tied up with this company. To be honest, I'd rather the company didn't get sold, I'd like them to reach full capacity with their facility... They can make around $300k/ month at full capacity... Right now a good month for them is $100k.... And they don't get that money for 180 days... The insurance companies can be so f'ed up it's not even funny.
How's That Loan Working Out?
Posted by: PokerVertigo Date: Thursday, December 11, 2008 2:00:17 PM
In reply to: timetomakemoney who wrote msg# 11677 Post # of 17755
Hey all...
1) To those that think I've jumped ship because I'm not posting... here's the only reason..
Lazyeye or someone else pointed out that since I loaned the company, it is a conflict of interest for me to post on here with updates or whatever because I'm like an insider... even though I don't get any insider info and I'm just basically a much larger shareholder... oh well, I'll be on the safe side there.
2) BTMM - You've stated many times why doesn't Graham buy shares... Whatever money he has free he puts it right back into the company, this year alone he's put in $20k+ out of his own pocket right into the company for equipment repairs and general expenses.
3) Let's face it, they need to raise money... if they didn't they wouldn't be publicly traded let alone on the pinks. They're constantly trying to find non-dilutive financing, but it isn't happening... People are less likely to lend a company money when the stock price is so low... Banks aren't lending money either. What is Graham to do other than dilute to raise funds? Which really isn't working too well by the way, since there are really very few buyers...
4) There's no christmas bonus.
In an ideal world, banks would be lending money and the company wouldn't need money for operations. In the real world and in this economy, neither is true.
This post wasn't an invitation for debate with me, I'm gonna go back to not posting due to me lending the company money... I'll respect that...
GLTA
Come on now!
This is a company who has terrible management; a recent 1:400 reverse split but trades for sub-penny again; who has big money judgements against them; who has probably burned their bridges with every equipment finance company; who really doesn't have a 'pot to pi$$ in'; who is acquiring a 'pi$$-pot' company using near worthless stock; who added 6 clinics to their BUSINESS PLAN (jeeze it's a stinking piece of paper already); and who said they would meet to TALK about a buyback (but, if they actually had a single red cent, wouldn't they just pay their bills and/or pay cash for their acquisitions?) ... it's nuts ... just blind, kool-aid drinking crazy.
Good luck, hope you don't take such a big swallow that you end up choking.
Scatter shooting while wondering what ...
might happen to the funds I have invested with PWRM.
Personally, I think Ginzler started selling his final 19 million shares in earnest about the last week of January, maybe a little sooner.
I also think that Helen is at an age where she intends to bail as soon as possible.
Seems she has worked a sweetheart deal for herself through this merger.
Although it seems like an enormous amount of dilution, but it can't be all bad as there must be an underlieing purpose.
The thing is ... somehow cash has to show up or PWRM is toast, maybe this deal brings that to fruition.
StemtroniX at the 14.6:1 ratio compensates Helen for her recent exposure ... in a HUGE HUGE way.
Maybe she has a buyer for PWRM and feels she deserves a bigger piece of that deal for the risk & work she has put forth to this point.
If so, then it also takes care of whomever she has riding the stem business with her.
Now, whether or not some of the government stem money is headed Stemtronix way and will be diverted to help PWRM finish getting through trails and into the marketplace, who knows.
Maybe the whole merger is just a way for Helen to capitalize on PII news that's coming.
My feeling is that the real trouble with PWRM here is the chance that their proprietary information was compromised by Transgenomic and this merger brings the cash needed to pursue a legal remedy to that situation.
All in all, this stock has so many unknowns now that it is a really scary hold.
I'm really more than a bit upset, but there's too much potential, so I'm not selling, yet!
At This Point...
The only reason Graham would need the PPS up is so he can give TMH less shares for their company.
But I really don't see where he has much negotiating power because he has a basically bankrupt company.
AND, although he is JUST trying to buy a few old mini-vans, an ultrasound or two, and some 'blue sky' ... which the only thing of any real value in this deal IS the 'blue sky' because Graham certainly has never been successful, but Ms Baker was, once, long ago, & her son has the drive & onus now.
Kevin's expertise is what BEDA is really buying, and I bet he is smart enough NOT to take a measly amount of stock to risk everything with Graham & Herb.
So expect a healthy number of the AS to turn into OS.
A huge number!!
It'll eventually wipe out any buyback and then some.
Your statement is very naive, but certainly is indicative of the actual DD which has been done by the board members here. Real charts & kool-aid stuff.
There is no company that has 6 different locations, unless you count the homes of each tech that MAY have a 3-5 yr old van parked there.
My opinion is that the TOTAL Cash Value of the equipment involved with TMH acquisition isn't even $120K.
It wouldn't surprise me to find out it is under $50K.
What are they actually buying that could possibly sustain this company?
Heck, they have shafted many, many of their previous financiers, suppliers and SHers.
Judgements, and unpaid bills galore.
TMH is not a savior, but rather a paper selling enabler.
You guys can make this stock climb on news by buying, but after the initial false frenzy, the quickest trigger-fingers win & the rest of you lose.
Good luck guessing when the pumpers among you are going to bail.
Does BEDA Get Basic Solutions or Not?
Is Basic Solutions a sub of TMH or not?
If the few older vans and imaging equipment that Basic Solution has (my guess would be their equipment has, maybe on a stretch, an Actual Cash Value of $85-95K) aren't what this acquisition is all about, then you folks are messed over even worse than I thought.
You better have run-flats on this POS because you are losing the air they have sold you.
sl62
Your analysis would be great except for the fact that you have it all wrong.
It wasn't a short-squeeze that caused the mid '09 pop, it was malarkey PRs that sold the same kind of pipe-dreams that these latest ones do. Bigger, stronger, faster, blah, blah, blah.
The drop back to the triple zero level was the result of the THEN current SHers bailing because BEDA closed its main revenue stream (Kirby Rd Clinic) and failed to disclose it until a SHer discovered it and spread the bad news (this all happened after they put out PRs on how swimmingly the Reliant - Kirby Rd based - center was doing, along with the 6 new clinics they were supposed to open but really just wrote them into their business plan).
It amazes me how many echoing moos exist here at investorshub.
BEDA is a failed company chasing another chance by black-hole acquisitions and PRs about stock buybacks - when in fact they haven't even paid the last long list of associates that saw fit to extend them monies in their past business affairs ... look it up!
These guys are serving up a popular brand of kool-aid.
Any company that is sitting at .0001, does a reverse 1:400 and ends up back at .0003 inside of 10-months doesn't have anything except the same crappy management with a lower float.
This will close the January gap either before or after the next pitcher of kool-aid, but One wrong move by management & NITE will bury BEDA SHers.
There isn't a person on this board that would hold this stock for the next year and there isn't an investor in the world that will pay much more than where it's at now because to do so would require doing some DD and then blindly ignoring that same research.
The pop is already overdone and to continue their PR circus, BEDA will have to give a weak company like TMH many many many millions of the Authorized Shares to get even this nothing company to sign on.
If you'll look at the charts for the past year (since the reverse 1:400 split); go reference all the PRs since then & consider the amount of interest (associated volume) for each; then consider that most of that time BEDA actually had their main cornerstone open (the Kirby Rd clinic - now closed); isn't it hard to believe we could have this latest frenzy (pump-n-dump) over a couple of old vans and some inexpensive ultrasound equipment that anybody with a 72-hour college degree can be the competition to?
Bagged a goody, yep!
50% haircut from here.
Hilarious!
MM (NITE) and the flippers have been selling you guys air and will nail you to the wall on any news.
The rumor has been profitted from and the news - however flimsy - will be the last run which sets the hook and leaves the sheeple crying.
The ones pumping the hardest here are the ones that are going to help nail the rest of you folks to the cross.
Air BEDA, air shares, air acquisition.
What does BEDA have to offer to TMH/Basic Solutions? .. stock in a company that actually belongs in a BK court.
What does Basic Solutions gain by this? .. who knows? the priviledge of being owned/run by Graham? what a joke, he couldn't even keep a small clinic open!
Where is the equipment used in TMH/Basic Solutions business? .. can't go see it because the main number (281-333-5079) listed on their web site (http://www.bsicpxt.com) is DISCONNECTED and they don't have an address listed that is a physical business location in Houston area!
Wish you would have asked where the Basic Solutions equipment could be seen, because I called their (Basic Solutions) main number and it is disconnected.
kind of hard to arrange a viewing when their address is a back yard and their number doesn't work.
I am confident the stock may do OK as long as you all keep stroking, er I mean buying it from each other, but for a longer HOLD, I need something other than a Tom Clancey to go on.
Kirkston,
Your message to me in response to my inquiry of wheteher Basic Solutions even has any equipment &, if so, where I might photograph it to prove one way or the other about the worth of BEDAs 'ACQUISITION' was:
http://www.bsicpxt.com/
go here, pick a phone number and give them a call
Well, admittedly that appears to be the Basic Solutions web site and on it is listed the following:
Headquarters offices are in Houston, Texas 281-333-5079.
Sorry to say that I called and the number is disconnected!!
Kind of hard to get excited about this company (BEDA - with the Kirby clinic closure) or the businesses they are trying to buy (TMH - without a real business addy and out-of-round with the State tax, or Basic Solutions - no real business addy and their phone number from their own web site is disconnected).
I say bail on BEDA.
Can anybody show me one picture of any equipment owned by TMH or Basic Solutions?
What about an address where a picture can be taken of the equipment that will be acquired IF beda buys them?
Just what I thought ... go take a picture of the 'blue sky' in your back yard because that is what is being purchased.
T_Zecco
Sounds great ask them when & where we can view the equipment that is associated with the TMH acquisition & I'll meet you over there ... any time, any day.
I'd really, really like to view the offices of Basic Solutions while we are at it.
Just to get a feel for what they have, talk to their field tech ... you know, REAL DD, not some PR.
mww
I really don't follow the question you posed, but will try to answer as best I understand it.
The KirbyRd and NPostOak pic were an email off of a yahoo bd member and were sent before BEDA admitted to shutting down their only clinic. There was one more pic showing the view back toward Reliant Stadium which is located a few miles away from the Texas Medical Center,
The Texas Medical Center includes 13 renowned hospitals, a couple of specialty institutions, schools for nursing (4), Medicine (2), pharmacy, dentistry ... there is basically every health-related institute located within a few blocks of the main center, so for BEDA to claim they were a factor for the center may be a bit of a stretch.
The Hieleah pics are from a week or so ago and are of TMHs listed addy from YellowPages.com(?) ... which has since been admitted to being run out of some private residence.
Really looks like all the businesses at the Hialeah strip center are old and well established so I doubt TMH has been very active in their field for some time now.
Since TMH is supposedly the holding company. I am just deducing that Basic Solutions is in about the same shape, but since they are listed out of a neighborhood in a smaller town an hour and a half north of the Texas Medical Center, admittedly, I have not taken that trip to check them out.
I have been asked to, and am going to visit some people in Dallas soon, so I may stop by with a camera.
I bet he doctored all those pictures ...
that scoundrel!!!!
http://www.flickr.com/photos/47001862@N07
Sure, but they don't announce meetings to discuss it.
At least not in the real world.
But this company is operating in pretend land, so I guess it's ok.
ciao