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Probably some fictitious character that Pornstar Downs made up...
Pornstar Downs is probably in another country
with his recently fattened wallet
surfing this board at this very moment
One question I have : why does a "short squeez" provoke a call in after changing symbol?
(Sing to the tune of "I believe I could Fly")
I BELIEVE IT'S A SCAM!
I BELIEVE I COULD TOUCH THE SKY~
I BELIEVE IT'S A SCA~A~AAAMMMM!
Ninaturtle,
1) There's no meeting in Bangkok in October.
2) There's no Society named "IEEE Professional Engineering Society"
3) There's no mention of Khawar during 2004.
4) What's Datatech doing there anyway if there's no meeting?
what do you mean by 3 days going on 2 days?
i don't get it.
There's a "professional society" from IEE.org.hk (two E's) which is a part of IEEE (3 E's). I almost believed it contained Down's touted award but a search for keyword "Yasar Khawar", "Best Security Data Product", IDWD, 384 bit bankbone, bankbone, etc...
NOTHING NOTHING!!
NOTHING NOTHING!!
NOTHING except for a different person who's first name is "Khawar" with a different last name.
And take note of this:
!!!! The next Bangkok meeting isn't until Nov/December !!!!
!!!! The next Bangkok meeting isn't until Nov/December !!!!
!!!! The next Bangkok meeting isn't until Nov/December !!!!
My bad, notice I used quotes.
I think "bashers" were right all along!! I've tried to remain neutral but this is really giving off more stench of an organized SCAM!!!!!!
How do I know? I've been going through each and every society in IEEE Asia Pacific Region to find the awards but no luck!
So I contacted a number of people in charge in the IEEE Asian Pacific division.
One by one they send a reply saying they've never even heard of that engineering society or a guy named Yasar Khawar!!!
WHAT THE HECK?????????????????????????????????????
Unless the people I've contacted are confused or mistaken, this is seriously looking like a SCAM to me!
Here is a reply I received from one of the IEEE authories:
"I have not heard of this Society and doubt if our IEEE even has one."
Someone had written "... profit from my previous penny plays" in a post.
I think the word "penny" means something else in Spanish,
might not sound appropriate if we say "penny plays". muhaha
up to .37 then back down to .36
getting dizy staring at this chart
It shows me roughtly 33000 cars listed in my area. The site is rather clunky but it does show the cars. You have to type in $1 for minimum price and select something other than "don't care" for the distance.
Well, I see your point but this type of thing is common for businesses that deal with distributerships. They get an order and report that as a sale sometimes before the sale is actually completed.
They explained that they reported the $891000 earnings based on the INITIAL ORDERS from the distributers. The distributers didn't complete the sale that year because they needed time to get approvals and develop sales in their local market which dragged on throughout 2004...
They reported the truth, it's not an exaggeration.
Actually, funny they reported 2 numbers for netsales ending september 2004. $322,190 and $891,090. Assuming their reported sale of 1500 units , the cost of one NeedleZap unit should be $214
If they earned $891090, and they sold 1500, the cost of one unit would be around $600.
http://biz.yahoo.com/e/041115/emdf.ob10qsb.html
Third Quarter of 2004 Compared to 2003
Net Sales
We had net sales of $322,190 in the quarter ended September 30, 2004, compared with $96,094 for the same period in 2003, an increase of $226,096 or 235.2%. This increase is primarily attributable to our obtaining new distributors for our products in 2004.
Costs and Expenses
Operating costs and expenses increased $136,959, or 250.2%, to $283,142 in the third quarter of 2004 from $146,183 in 2003. As a percentage of net sales, cost of goods sold increased to 58.4% in 2004 from 56.6% in 2003 due to additional expenses in 2004 associated with maintaining FDA compliance for our products.
Table of Contents
Other expenses increased to $16,007 in 2004 from $0 in 2003, due to an increase in interest expense resulting from higher balances outstanding on our interest bearing debt in 2004.
Net Income
In the third quarter of 2004, we had net income of $73,130, compared to a loss of $50,089 in 2003 as a result of higher net sales which exceeded the expenses incurred.
First Nine Months of 2004 Compared to 2003
Net Sales
We had net sales of $891,090 in the nine months ended September 30, 2004, compared with $343,623 for the same period in 2003, an increase of $547,467 or 159.3%. This increase is primarily attributable to increased sales generated by two new distributors selling our products in the second and third quarters of 2004.
Costs and Expenses
Operating costs and expenses decreased $26,572, or 2.7%, to $925,995 in the first nine months of 2004 from $952,052 in 2003. 2003 was impacted by $600,000 in stock based compensation expenses as a result of our issuance of four million shares in April 2003 as compensation for consulting services previously rendered. This effect was partially offset by increased selling, general and administrative expense in 2004 due to higher distributor training and promotional costs. As a percentage of net sales, cost of goods sold increased to 63.9% in 2004 from 35.6% in 2003 due to additional expenses in 2004 associated with maintaining FDA compliance for our products.
Other expenses increased to $37,487 in 2004 from $0 in 2003, due to an increase in interest expense resulting from higher balances outstanding on our interest bearing debt in 2004.
Net Loss
They reported the truth, which is by definition, not the same as an exaggeration.
They clearly stated:
"This decrease is primarily attributable to our distributors taking initial stocking orders in 2003 and requiring additional time to gain approvals and develop sales in their markets throughout 2004. Additionally, we are revising our own marketing strategies as well. We sold approximately 1,500 NeedleZap units in 2004 compared to 5,900 in 2003."
Another Legit Business Deal.. $2,200,000 purchase order from Natural Motion Lures, Inc. back in July 21, 2005.
I don't see how Pornstar Downs would do something to get himself thrown in jail with all these verifiable good business deals going...
Despite the recent negativity, I'm still not convinced that Pornstar Downs would risk going to jail when he already has a few good business deals going for him... I'm giving him the benefit of the doubt at this point in time.
For example, here's one that's clearly verifiably legal and legitimate. IDS biomedical products manufacturing contract signed with NeedleZap Inc Sept 2004 LAST YEAR. That means LAST YEAR! I think if he really wanted to screw us up the bunghole he would have done it waaaaaaay before.
I have checked needlezap.com and it's not registered to Patrick Downs. It's an entirely different company owned by somebody else.
I've even called them and the product is for real.
E.R. OCHSENDORF CO.
794 MORRISON RD
COLUMBUS, OH 43230-6642
US
Domain Name: NEEDLEZAP.COM
Administrative Contact :
E.R. OCHSENDORF CO.
rob@ochsendorf.com
794 MORRISON RD
COLUMBUS, OH 43230-6642
US
Phone: 614 577 1003
Fax: 614 577 1009
Here is NeedleZap's very own news releases which confirms that IDS patrick downs has signed a contract with them last year.
http://www.needlezap.com/news.html
http://financial.washingtonpost.com/wpost/newspaper.asp?Mode=NEWS&Story=20040917/261b1373.xml&am...
I'm neither a touter or a basher, just somebody who believes in the American constitution which says "Innocent until proven guilty with a smoking gun". I obviously added the smoking gun part but you get the point.
I don't mean to bother anyone but could you tell me the pro's and con's of this stock?
I'd really appreciate it.
Thanks
Guess it's possible they are bashing to buy up the stock themselves after they drove it lower to the ground. It's not hard to taint the image of someone who already has a record regardless of his actual innocence/guilt.
So you're saying it might be the same person or the same paid-group doing all the bashing right?
I didn't realize that they started bashing around the same time until you floated the idea. Good detective work... I went back to read through a few thousand messages, and I believe that you are correct.
Maybe Down's is Ron Jeremy's alterego or vice versa... This is too funny.
hmm.... i see your point...
maybe he's trying to pull down the stock
By the way, comparison of Downs with Ron Jeremy's beer belly photo was too hilarious.
I wonder what Ron Jeremy is doing these days anyway.
Hi,
What service did you use check who's buying the stock?
Sounds like You own a lot of shares in this company?
As for moi, I'm keeping my fingers crossed. I'm either gonna be getting that Ferrari or down a "few".
I totally agree with your post. Well Said...
Many people made some degree of profit on this already so there's really nothing to lose, at least not our grocery and lunch money (I hope).
Honestly, the potential award seems greater than the risk involved.
just bought about 40000 more.
well, i'm crossing my fingers
and attending prayer services now. ha ha j/k
I don't know about you guys but I'm thinking of buying more while it's low.
The 52week high is 1.30 so I'm guessing it has the potential to go up to $1 on the next big news which is probably coming very shortly.
(Then again, it also has the potential to drop to .1 on the next bad news... but I'll ride the risk for now.)
Just wanted to ask you guys, both touters and bashers (forgive me for the lack of better terms)... what is your time frame (prediction) of the skyrocket-rising or demise of this stock??
i just want to know what some of your guesses are.
As for me, aside from the CEO's dings, it appears that the stock looks decent and the company seems to have a well rounded business.
PS: lets ease up on the wise crack remarks, thanks.
Actually, I'm new here.
But I'm wondering how this stocks going to pan out.
The right term to use here would be "Hoping for the best but expecting the worst"
How did u get hold of that
and who's it from?
Can you tell us what it means? Very curious...
3069b801d261dfae722a19e9817fe55794b79e9d90274
67222a76c355bff