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Why can't Radix Marine do something like this with the Challenger??
http://www.marinelink.com/news/delivered-ribcraft-boston335942.aspx
Still too busy with paperwork for the lawsuit?
What a shame. An endless stream of wasted opportunities going by every month. Only response: Too Busy!
VV
And another interesting factor to consider...
On the Form4 issued on Oct18, AFTER the reported sale of 570,000 shares on Oct13-14, CEO Baum STILL OWNED 4,130,000 shares.
Now just a few days later, on the Form4 issued on Oct22, AFTER the reported sale of 624,983 shares on Oct15-20, CEO Baum STILL OWNS 4,865,017.
That's funny! It seems to me that if Baum were selling shares, as he is reporting, his total ownership number should have gone down, NOT UP!
Based on simple math, it looks like CEO Baum has just granted himself ANOTHER 800,000 shares between Oct13 and Oct20. Virtually all of which he has dumped on the market. Ouch!
Where can I get a job like this? This guy is really cashing in on his position. I wonder if he is actually cashing OUT. In either case it looks like he is now using this as his personal piggy bank. This could be motivated by some really bad game-changing problem that we haven't yet been informed of. Definitely something to think about over the weekend.
All just my opinion...
VV
SLO-sider, So what inspired you to buy this in the first place?
I don't suppose you ever bothered to actually read this forum, going back a year. If you had you might still have your money.
But look at it this way: you got a really great deal on the entry price. LOL!
VV
Shrink Nanotechnologies issues an SEC form 4 filed on 10/22/2010
http://knobias.10kwizard.com/filing.php?param=&ipage=7202147&DSEQ=1&SEQ=&SQDESC=SECTION_INSIDER&exp=
Well this is just Great! NOT!
Another 624,983 shares DUMPED into the market by CEO Baum. That is almost 1.2 million shares dumped in the last two weeks by one insider.
The timing could not be worse. It will probably take months to sop up this overburden of new shares. And this action will probably bring in another million shares sold SHORT. I would not be surprised if the PPS is back down to a nickle a share in another week. This is just TOO MUCH in too short a timeframe. OUCH!
And Baum still owns 4,865,017 shares. So how long before he dumps those too? It looks like this CEO is cashing in and bailing out on this company.
All just my opinion...
VV
I get it!
And the first article is perhaps a good reason to buy Boeing stock. Another $850 million billed and no project completion in sight. Boeing gets to just walk away with the gold.
Can you imaging what that kind of money could do for ComCam?
VV
twicsreader, They have really improved their web site.
I haven't checked it in a while, and it looks fantastic!
But under Legal Documents I noticed one caveat that may affect this forum:
"This site and all content in this site may not be copied, reproduced, republished, uploaded, posted, transmitted, distributed, or used for the creation of derivative works without ComCam's prior written consent, except that ComCam grants you non-exclusive, non-transferable, limited permission to access and display the Web pages within this site, solely on your computer and for your personal, non-commercial use of this Web site."
Personally, I don't recall ever seeing such a stringent restriction on ANY web site. So I guess that will severely limit what can be added to the iBox.
VV
NEWS: Shrink Nanotechnologies Enters Into Agreement to Produce High Content Screening Software Called 'Stemage' for its StemDisc Stem Cell Culturing Products
Shrink Will Sell Hardware and Provide Stemage(TM) Software for High Content Image Acquisition; and Assist in Developing a Global Bio-Informatics Database for Shared 3-D Cellular-Based Disease Modeling
CARLSBAD, Calif., Oct 22, 2010 /PRNewswire via COMTEX/ -- Shrink Nanotechnologies, Inc., an innovative nanotechnology company developing products and licensing opportunities in the alternative energy industry, medical diagnostics and sensors and biotechnology research and development tools businesses, announced today that it has entered into an agreement to produce a high content screening tool for its biotech R&D subsidiary, Shrink Chips LLC. Stemage(TM) software will launch with StemDisc products; however the long term goal of the project is to build the world's first intuitive and integrated bio-informatics database to facilitate the acquisition and sharing of three-dimensional (3D) imaging and data to predict the best method for culturing embryoid bodies (EBs) and other cellular structures.
EBs are used to grow or regenerate stem cells and nearly any kind of tissue in the body - from muscles to eyes to lungs. EBs are used in a wide range of 2-D and 3-D cellular-based disease models for drug screening/testing, tissue engineering and personalized medicine. "The Human Genome Project, completed in 2003, ushered in one of the most profound changes to 20th century scientific research - the identification of the human genome sequence. While the sequence of human DNA is stored in databases worldwide, biologists are still struggling to interpret the data and meet the high-throughput demands of their stem cell research projects," said Mark L. Baum, CEO of Shrink Nanotechnologies, Inc.
StemDisc products - as hardware - will allow for the development of thousands of EBs on a single footprint well plate. The success of our ability to create "EB data points" has actually presented another problem: What does the biologist do with all of the data that is being created? How can this data be rapidly collected, analyzed and even modeled? Computing power is increasing ever rapidly.
Beginning in the first week of November, Shrink will begin testing the image acquisition aspect of the Stemage software which will allow the user to center his or her microscope over the StemDisc, press "start" and have the software locate all of the individual microwells within the StemDisc system. This system will eliminate the manual processes involved in data acquisition and will also save the user time by eliminating the need to "crop" out images and regions of interest. At the same time, additional features and protocols for staining and imaging EBs in three dimensions are being finalized. The Company believes that initial versions of the plug-in will be available at the time StemDisc is launched.
When released, Shrink's bio-informatics tool will be downloaded as a plug-in to existing scope platforms. It is hoped that in the longer term, this project has the potential to aid in automated image analysis to extract 3D models of cell locations and concentrations of gene products of interest, eventually providing a much needed global repository for data processing, storing and analysis of specific cell culturing models. Our goal is to allow today's disparate cell culturing models to be shared and interpreted worldwide with greater speed and efficiency, helping to drive down the costs of potentially life-saving biotech research," added Baum.
http://www.marketwatch.com/story/shrink-nanotechnologies-enters-into-agreement-to-produce-high-content-screening-software-called-stemage-for-its-stemdisc-stem-cell-culturing-products-2010-10-22?newsid=1011424548&dist=bigchartssymb%3DINKN&sid=4710771
VV
FINRA RegSHO Short Sale data for Thursday, Oct21
Date|Symbol|ShortVolume|TotalVolume|Market
20101021|INKN|68622|244805|O
http://regsho.finra.org/FORFshvol20101021.txt
Yesterday: 68,622 shares sold short.
VV
Plenty of reasons to expect that News is coming.
The company launched a new product line this month. So far they haven't issued any status or update. So we're due something on that issue.
They're currently a non-reporting company, but they occasionally release updated (unaudited) financials. They are still a ways behind the time line but their stated goal is to catch up and eventually become fully reporting and market uplisted. So another financial report could come out at any time, since there's currently no formal schedule.
About two months ago they hired a new high-powered market specialist, and a new CFO. I would assume that the CFO is working daily on bringing the reports current.
And it was recently noted that their client list on the web site expanded from about 6 to 19. They are probably signing up new clients this quarter due to their shiny new product now in the market.
So I would assume that the business is still expanding, as it has been for the last two years. Who knows what they will do next? But if it is a "material event" they are obligated to inform the shareholders.
So from my viewpoint, there is plenty of reason to be optimistic and to expect some news of some kind, in the near-term.
Or as Monty Python would say: "Expect the Unexpected!"
VV
Shrink Nanotech issues SEC form 4/A filed on 10/21/2010
http://knobias.10kwizard.com/filing.php?param=&ipage=7199923&DSEQ=1&SEQ=&SQDESC=SECTION_INSIDER&exp=
Looks like a correction or update of the one filed the other day.
Same 570K shares sold, holding steady...
VV
H8ster, All that a patent does is give you something to fight over in court.
In the case of this 10K that you copied, it says:
"The Company owns all rights, title and interest in one currently pending U.S. patent application, one currently pending Patent Cooperation Treaty (“PCT”) patent application, and two U.S. federal trademark registrations."
Claiming a "...pending...application..." sounds like double-talk to me. What is the value of ANY application that is pending? No doubt they've filed for a patent, but So what? No real value until granted.
Plus they cite "...two U.S. federal trademark registrations.". Whoopie!
If you already own this stock, then this citation is probably a good reason to continue to own it.
But from my viewpoint, it certainly is no good reason to buy shares now. Not when you consider the debt structure and what it is doing to the share structure. And without buyers the PPS is probably going to sink from here.
All just my opinion... Good Luck.
VV
I will wait until the PPS comes to me. No big hurry...
Keep in mind, every share sold short is going to have to be repurchased at some point.
The really cheap share are well worth waiting for. And I have strict financial limits that I won't exceed.
Since I am of Scotch descent I am required by my DNA to be as frugal as possible. And I really do love a sale. So if the buying drys up the PPS is going down.
Shorting a stock like this is an irrational practice anyway. So once the shorters start they likely won't quit until they are burned out. Shorting usually works well when there is a huge over-supply of shares coming to market. That usually happens only in conjunction with a CD (Convertible Debenture). All that we've seen is one insider selling a few, and he still owns millions. Not a very substantial reason to short this.
So unless there is something untoward happening, I believe that the main thing this shorting will accomplish is to make some really cheap shares available to those who WANT TO OWN them.
Keep watching, stay alert, and Good Luck.
VV
FINRA RegSHO Short Sale data for Wednesday, Oct20
Date|Symbol|ShortVolume|TotalVolume|Market
20101020|INKN|142810|860024|O
http://regsho.finra.org/FORFshvol20101020.txt
Yesterday: 142,810 shares sold short.
VV
wakl, I'm sure Shrink Nano mgt knows about this other group.
So why shouldn't YOU know?
That's why I shared it, even though it is potentially harmful, because as you say, it just sort of "burst your bubble". But it also broadened your understanding of what you own. That is a good thing.
I guess my point is that this company is being run by some really smart people, split between the entrepreneurs and the inventor/developers. No matter what happens they're going to strategise a solution and ward off any problems. All while advancing the technology. And there is a giant Pot Of Gold ahead if they get it right.
If Shrink Nano can make a deal with Corning, then surely, they can deal with this Northwestern group. That is IF that group can bring something valuable to the table, and not just be detractors bent on "raining on the parade". They may or may not be true players in this drama. We just don't know yet.
And that article did say:
"Details of the solvent-assisted nanoscale embossing (SANE) method are published by the journal Nano Letters. The work also will appear as the cover story of the journal's February 2011 issue."
If so, that can only bring even more attention to the subject and maybe put a spotlight right on Shrink Nanotechnologies.
Anyway, I see the PPS is sinking again. I originally bought this months ago and paid .15 and .14 and finally .11
But I completely missed out on the real cheap shares because I had no cash to invest. So if this is going to go down I would just as well see it back down at .05 where I can load up.
At this point you either "believe" in Shrink Nano or you don't.
Good Luck to All Longs...
VV
clnrgthnkr, "...rescue will come from left field."
I agree. There is still quite a bit of unspent Stimulus Money looking for a place to go.
And the Obama administration is tasked with coming up with a National Energy Policy, something which is sorely lacking and badly needed.
After this November election the ball game could change completely, finally favoring Helix. It really could happen.
The wind is always blowing, night and day. It is one of the biggest untapped sources of energy on the planet. There is no reason why Helix can't benefit from the future expansion. All they have to do is survive this "debt problem". OUCH!
All just my opinion...
VV
wakl, Good points!
Technology moves along at a phenomenal rate. A lot of good technology is quickly bypassed and superseded before it ever gets to market.
But Shrink Nano is definitely the First to Market, and they have applied for a patent. Those are two factors that are monumentally important to the final outcome.
If the Shrink Nano product moves beyond being used just for prototyping, and actually gets used in some production scenario, then we early investors are GOLDEN.
But up until last week I was thinking that this was something truly unique in the whole world, until I read this article:
The nano world of Shrinky Dinks, August 13, 2010
http://www.physorg.com/news200921093.html
So it looks like we have two disparate groups of academics engaged in some sort of race; Northwestern University vs Univ of Calif Merced.
The unspoken question is exactly who gave whom the initial idea. The answer may or may not be a deal breaker. But we're lucky that both groups are academics, because typically they don't have a clue of how to sell anything. That's not their job.
The key deciding factor in who wins may be the Shrink Nano Tool Set and not just the shrinkable materials.
However, in any case, I see no reason why Shrink Nano could not make a move to ALSO represent this other group to the marketplace. Shrink Nano is, after all, more of a sales rep and distributor, rather than a producer of tech. This type of move might even improve the situation for all parties.
Good Luck to All Longs...
VV
clnrgthnkr, At their current burn rate the $450K ...
...might buy them about 6 months of life.
Unless they can develop a regular stream of orders, and translate that into revenue, they're not going to make it. They will just borrow themselves into oblivion. They are using what is called "Death Spiral Financing" right now.
But that does NOT mean there isn't money to be made on this stock. I have seen bigger POS stocks run far and high, making major coin for the flippers. It just has no appeal to real longer term investors. It is now just a flipper's plaything. And the shorts are already salivating over this situation.
It's really too bad, because it sounds like they have a really cool design for wind generated energy. The market needs/wants products like this.
But over the last 10 years I have seen many a good company with great products driven out of business by their "lenders". Every time they borrow money the lender already knows they're going to receive shares based on the prevailing market price. So the lender shorts the stock to lower the PPS in order to get a better deal. This is not rocket science.
So, you may be correct, that they won't need to borrow again for a few months, assuming they can actually collect on their receivables. That may cause the PPS to stabilize and actually go up. But at this point I would anticipate a company-run "pump" because they have no other real choice. They are now engaged in a close-combat battle with their lender.
All just my opinion...
VV
wakl, As you've stated you come from a big stock background.
So I can understand why you might assume I am a big buyer. I used to invest in much higher priced stocks also, before I came to realize what I was actually doing. That was about 10 years ago.
For my sake I spread my money around over a wide range of penny stocks to reduce the risk exposure from any one. And I NEVER put too much money in any one stock. Right now I have 10 and I'm watching another 50 or so, as future prospects. I have only two that are in the green and this isn't one of them.
As far as being a big money player, I'm definitely not. But I have been highly successful doing "value investing" MY WAY. I have only a couple of thousand dollars working in here, and that is well within my "comfort zone". If for some reason I ever move outside of my personal comfort zone then I tend to become overly emotional and easily rattled by setbacks. I have learned that this works against me holding a position long-term for the big profits that I am seeking. Since that is my goal I have to restrain my buying. Know Thyself Young Man!
So I guess my point is that I am looking at Shrink as a longer-term investment and I'm not particularly interested in flipping this for just a few bucks. I am hoping to hit a Home Run with this one. Based upon my DD on the subject I do think this one is capable of going way higher over a reasonable time-frame. Only the flipper mentality and further insider dumping will hold this back.
All just my opinion...
VV
wakl, I have no doubt there will continue to be buyers here.
But a Big Gulp Buy like that? Who knows.
Like all penny stocks this one will move on news. As soon as the product is out in the market and being used for some useful purpose, then we will begin to see this situation expand rapidly. It is just a matter of time.
I have been continuing my DD and discovering some very interesting material about how this shrink material can be used in stem cell research and designer proteins, etc. It would not surprise me if this company goes high profile with national exposure before year end, because of the connection with the national health issues and initiatives.
So these current prices may seem expensive to those who bought earlier, but may eventually be viewed as dirt cheap. I still believe strongly that we have something very good in this small company and its products. Only time will tell.
Let's just hope that management doesn't decide to dump more shares on the market. the 570K that got sold look to be in the hands of the MMs now. And the way they are juggling the B&A it looks like they want this to trade higher. I will drink to that!
All just my opinion...
VV
cowboy71558, They've already made up their minds.
Facts will just confuse them.
VV
Pretty obvious you didn't buy the 30K
And that's not what I was saying...
Just hoping you return tomorrow so we can get another 48%
(that's sarcasm)
VV
Someone must think you're a Contra-Indicator.
You post your viewpoint and then someone buys 30K shares at the Ask.
Now we're UP 48% on the day.
Nice work! Thanks!
VV
FINRA RegSHO Short Sale data for Tuesday, Oct19
Date|Symbol|ShortVolume|TotalVolume|Market
20101019|ISCR|76975|101575|O
http://regsho.finra.org/FORFshvol20101019.txt
76,975 shares sold short.
VV
FINRA RegSHO Short Sale data for Tuesday, Oct19
Date|Symbol|ShortVolume|TotalVolume|Market
20101019|INKN|435718|902114|O
http://regsho.finra.org/FORFshvol20101019.txt
435,718 shares sold short.
VV
Then their opportunity will be "expanding".
Their opportunity is "shrinking".
cowboy71558, So YOUR worst case would be "no bid".
I can't argue with that.
And, of course, you have to have a real company before you can file BK. This is a real company, right?
VV
lakes, Only what is reported in the SEC filings and PRs...
...can be believed.
Everything else is hearsay.
I will wait for the next 10Q. I am in no hurry as I have waited over a year and can easily wait another.
Good Luck to All Longs...
VV
Sounds like you are suggesting that I do some real work.
I will take that under advisement.
LOL
VV
maybe_this_time, Yours would be the worst case scenario.
On the other hand, suppose they get a humongous order. There is still a lot of "stimulous money" filtering down these days. Maybe a government subsidy for wind power? They should be able to take their receivables to the bank and borrow a certain percentage. Thereby avoid the death spiral Vulture Capitalist hard money lenders.
And if they should happen to get a patent grant...?
There must be some other good things working in their favor. Or not!
It's never over until...... do you see a fat lady lurking about?
VV
The more shares that are sold short the more likely there will be a spontaneous explosion to the upside.
On any good news we may see a short covering rally taking us back to .16 or higher..
But in any case the progress that we've made seems to be gone for now.
VV
New 52-week low here today.
We should see a bottom soon. Going Oversold just now.
VV
Only a "little frustrated" ?
I see no rhyme or reason why this stock should be selling down here. That is if everything we've been told is actually true.
Supposedly, we have a 5-person company that will earn between $20M and $50 million per year. How can it end up like this? There is an obvious disconnect between the story and the reality. Where the breakdown is located I don't know.
All just my opinion...
VV
wakl, If a person owns shares they're entitled to sell them whenever.
So I'm not necessarily blaming the CEO for anything. It is just that Form4 that has to be filed that announces to the world what is happening. It is a sign that can be read.
If the 570K shares were just quietly sold there wouldn't be any problem as the obvious buying pressure would have absorbed them. But now the situation looks entirely different. Few buyers today, mostly sellers. Very bad precedent here. I was actually hoping this stock would be a long-term investment instead of just a flippers plaything.
Amazing how things can change so radically in just one day. This is still exactly the same company, same opportunity, as last Friday. Except the PPS is off 20%.
Oh Well... that's life in the fast lane!
VV
I certainly wasn't suggesting that you sell short any stock.
I was merely trying to make a point of how difficult it is for normal investors to do so.
VV
Once again, I am in the red on this one.
There wasn't much profit available to me when it hit .19 yesterday. So there was no big incentive to sell. But in hindsight that's exactly what I should have done. But how would I know what was about to happen?
Now it looks like it may be a while before we even break .17 again. This is looking like a new pattern that has set in here. From my viewpoint it was triggered by the CEO dumping 570,000 shares on the market. Beautiful timing with the PR being issued on queue, after hours on Friday setting up for a big Monday. You just have to wonder, if the CEO doesn't want to own this then why should anyone else. Great deal for the CEO but lousy for the long shareholders.
For the time being I am holding my shares. But I am not liking this action one bit.
VV
lakes, From my viewpoint it looks like there is wide scale shorting across the entire penny stock market.
I guess this is the way the Big Boys now make their money; by screwing the little guy.
I called my broker and asked if I could short stocks. They said that I could but I would have to put up $1 is cash reserve for every share sold short.
So, if I were to sell short 10000 shares of ISCR at .042 and cover at .03 I would make a total of $120. And it would cost me 19.98 in commission and I would have tied up $10,000 for the duration. It is functionally impossible for the small investor to make a reasonable ROI doing this without taking on incredible risk.
On the other hand, the Big Boys (large institutional investors) have, what is called, a "wrap agreement" for commissions, which is basically a flat fee that allows them to execute hundreds, if not thousands, of transactions, for a single flat-fee. There is simply no way any penny player can compete with that.
Call your broker and inquire about shorting as I did. And be sure to ask for a "wrap agreement" for commissions. Of course, they will deny it exists and play stupid on that subject.
VV
FINRA RegSHO Short Sale data for yesterday
Date|Symbol|ShortVolume|TotalVolume|Market
20101018|ISCR|85527|125042|O
http://regsho.finra.org/FORFshvol20101018.txt
85,527 shares sold short.
VV
FINRA RegSHO Short Sale data for yesterday
Date|Symbol|ShortVolume|TotalVolume|Market
20101018|INKN|532819|1779648|O
http://regsho.finra.org/FORFshvol20101018.txt
532,819 shares sold short.
VV
Yeah, it looks like a dozen companies have dumped that accounting firm in the last month or so.
Just Google the accounting firm name.
I am still trying to figure out the transaction dates on that Form4. Either the half-Mil shares were sold last week, or else they were dumped today. In either case the stock is showing some good strength as all of this liquidity is apparently being bought up immediately and then the PPS recovers back to near its previous closing high.
Hitting .19 early today was a nice plus, and a new intermediate target.
Let's just call today a "ripple on the pond" and leave it at that.
VV