typically like to find em BEFORE they run
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Good to see more interest and awareness making its way in here, almost as many posts in the past month as the past year!
Nice definitely i threw it on the watch list a couple weeks ago, really liked how easy it can move with any buying pressure at all
You would make a great mod now that you own some stockprez!!
What's your thoughts on cgud? Good speculative play based on being into mobile apps which are a hot sector or is there more to it?
Yeah i wasn't happy to see that much go through on the bid, hope the buyer is planning to hold a long time
I suck but I'm assuming u is the new nintendo system.. Of course it will ! Mario kart battles is how my wife and i settle arguments
Dude share structure is way different than when at .50 , but much healthier now, lets combine optimism and realism and look for announcements from the company this quarter on upcoming contacts and set our sights on .02 to .03
Great to see things calm down for everyones sake today. Hopefully some good is on the horizon. Otherwise if it stays calm a while maybe I'll get back in.
Dewm is my favorite stock i own right now - today was a harsh day for penny stocks, so what'd dewm do, it didn't budge! Nice to have found a low priced stock for a company with great products, awaiting new contract news during this 4th quarter.
John, I bailed at 0005 today man took a few hundred dollar loss after calling the company. I dialed the number on the website and hit zero to speak to the receptionist and she was a complete B****. Funny how her attitude would have been completely the reason behind holding or folding and she still had to be snobby and nasty. She would just really snobbily say that she won't comment on anything related to the stock and to contact investor relations. So she gave me investor relations number which I called, and it is just a retarded recording telling you to check OTC Markets.com for information. I think we fell for a scam here dude, so frustrating because they had everything i'd look for on paper, revenue, assets, decent share structure, news releases, nice website, it is just ridiculous. Hopefully it recovers for everyone elses sake but after talking to this retarded receptionist lady I am done.
i hear you, just thought it wouldn't be able to head much further south with all the assets and revenues. typically companies in this price range have no assets or revenues and are trading on speculation only, which is why i thought this was a rare find. i guess theres always some factors you can't have any control over.
exactly, its one thing to trickle down the pps between traders or market makers or what not on reasonable volume but its another thing for the company to dump 30 million shares at whatever they can get
thanks John - come to think of it i will be out of the office a bit tomorrow so i should be able to try calling them if things are crazy like today. never thought a company that actually has income and assets would be the one to dilute the piss out of their stock like this. maybe one problem is being OTCPK, i like looking for OTCQB ones a lot more, but with their plans to uplist to the QB they just looked that much better.
Even weirder is we are in a pending news stock here too since they announced Oct. 25 "SUTIMCo International, Inc. Enters Final Negotiations to Acquire Option Rights for Two Major University Technologies " and then announced the Penn State option agreement 2 weeks later. So we should have another announcement coming, that is why i'm wondering if the dilution was to raise some capital to close another deal. trying to be optimistic here.
John what will we do if it keeps plummeting, do you have any free time during the day that u could call the company to try and see what's going on? They have an awesome website the phone number is right at the top suti.com... I can check things on the computer now and then but can't get away with a call like that too easy. Just can't believe what was going on today, i thought companies with serious assets, reasonable liabilities, strong revenue, were pretty safe from a crash like today. Left me speechless cuz if i found a stock like suti with so many great things going for it, appearing way undervalued, I'd buy it again. This sucks
yes tomorrow will be a very telling day, will tell whether we are screwed or not pretty much. more massive dilution like today and we will never recover. if the dilution is over we may be good to turn back upwards
Definitely some dilution going on. The company has been open in PRs about needing to raise capital to close deals and pay for the accounting firm for uplisting to the otcqb. But holy smokes they just used shareholders as just a meaningless source of capital today with no regard for the PPS! I bought some at 8 too, not happy today at all. So much good going for them with their assets, revenue, uplisting, good share structure, today was terrible though, i don't get it. they better show some results soon with new deals or the uplisting with all the capital they raised today at our expense.
I'm not sure exactly how to answer because i would think the market cap would at least bethe book value, can't review the latest financial statement at the moment but they have over 3 million in assets so if the company were liquidated that would be near a penny a share at 291 million outstanding shares.
penny stocks of course have somewhat of a mind of their own based on speculation, how much the company is diluting and whatnot. I dunno what the heck is going on here, seems so undervalued but how could it keep going down? Sounds like the company needs to raise a little cash to pay the accounting firm to audit their financials and to help close some deals, but these sales at 0006 and 0007 are not encouraging
anyone see the 1.9 million share bid at 0067 today? someone knows some huge action is on its way here and is trying to play it cool and accumulate quietly....
exactly, looking very good. company appears to be very good with not diluting which is highly attractive. Hope to hear about some of the contracts they said they are negotiating during the 4th quarter then we will be exploring the Land of Pennies
OK what is the deal here, company trading in the hundredths of pennies that has almost $4 million in assets, $1.4 million increase in assets over prior year with only $0.5 million in debt increase over prior year, excellent share structure for down here with 950 M authorized, 291 M outstanding and 135 M float (as of 9/30)
I see they have some dirty laundry from over a year ago with a A/S increase followed by a reverse split, but still with what they have NOW I do not understand why the PPS is this low and why there was a share dump at .0007 right before the market close. But it may have all been for a future profitable cause. look at this from recent PR:
"SUTIMCo believes it's in the best interest of its shareholders to complete its audits and file with the Securities and Exchange Commission to become fully reporting. The Company is currently looking to raise capital for its various University projects and believes with greater transparency the market will recognize the significance of its efforts. "
With past share structure modifications and dilution they seem to at least have an actual goal they are working toward. It appears to already be paying off from the Nov 8th PR: "SUTIMCo International, Inc. Signs Option Agreement with Penn State University"
From October 4th PR, they announced retainment of an auditing company to work toward uplisting to the OTCQB, this would be phenomenal. I dunno about everyone else but SUTI looks like a good contender for a totally massive run this winter.
I agree completely man exactly why i had it on my watch list, share structure is what i look at first, then price, then news.definitely thought there was a ton of potential here before the reverse split news
sorry to hear, ive been watching about a month and was excited to see the price down and bought some, then saw the reverse split filing, and sold and lost 40 bucks. What i always wondered about this company was is it for real, because with the products it seems like it would be the greatest penny stock in history or the biggest scam in history, i mean from the last 10Q didnt they record like 2 grand in revenue, so if two people bought one of their TVs wouldn't that beat the revenue of the last Q? i dont get it
wow crazy day here, yet very low volume, just shows this will be crazy when real volume comes in!
good morning everyone! i noticed last night that DEWM wasn't showing up under the food & beverages sector on IHUB and messaged them, and admin moved it there for us this morning. It can only help people interesed in this type of company to find it
Hi - i didn't see DEWM, a relaxation drink company, under: US OTC > Food - Beverages Message Boards
can you put it under there? might help people interested in that type of market find it. Thank you
float isnt going to be 14 million anymore after the share restructuring shouldn't have to keep pointing that out.. don't want to be posting false positive things here, lets stick to real positive things, which is that the share structure is great now at 500M a/s , products are in a hot market..etc
if a/s was still 100M and float 14M i wouldn't be here because that would tell me the company was in a lot of trouble and they would need to take action - i am very happy with the action that they chose that is why i am here
i didn't - i got my phone out mid morning and saw the battery already on red at 10:00 am, so decided against it. was on travel in a rural area and it really killed it quick.
doing a little DDing tonight combing through various tickers, man this one is a rare find to actually have great products for sale with nice share structure, OTCQB, etc. lots of companies don't even seem to have a clue what they want to do, constantly changing business plans, company names, and whatnot.... Go DEWM!!
was that u buying today!? nice action today finally starting to get some attention
Ride on! Go DEWM!
Might have a chance tomorrow. Don't get too exited though the few penny stock CEOs i have actually tried calling haven't answered...
I mean one of the few companies with useful info about current operations in their 10Q. Plenty of companies in the otc seem to have very little to report...
The last 10q sorry I'm on my phone not real savvy with it to paste the link.. Kdmp is one of the few companies with some actual useful information in there about current operations
The last 10q sorry I'm on my phone not real savvy with it to paste the link.. Kdmp is one of the few companies with some actual useful information in there about current operations
Sant definitely behaving like an investment and not a p&d..let the revenues speak for themselves!
In a rural area with poor cell signal for the night.doubt they would answer at night anyway. I sent them an email but haven't heard back then again i didn't ask any questions either just said it would be a great time to provide an update...
Kdmp's male enhancement drug x-excite currently being manufactured in Romania and under clinical trials in Bulgaria, slated to hit the market in 2013, any announcements on progress with it and this baby will fly
Read the def14c from November 6th. To be in effect 20 days thereafter. Company preserved shareholder value by increasing the shares to a reasonable amount instead of reverse splitting. It's why i bought, that and the fact that they have great products in a hot business sector
I didn't see the 14m ask but the float is obviously much higher than 14m. Think about it if a company was in this price range and the float was only 14m it would mean they were in serious trouble. Float was 14m maybe at one point when the a/s was 100m. A/s is now 450m common shares 50m preferred shares. Company now has the share structure how they want it and it was very well done in my opinion. 500m a/s is great, still low but gives the company room to grow. Personally i wouldn't buy down here if a/s were 100m out of fear of what the company might do, but they chose the best decision, to increase to a safe but reasonable amount which is why i think it is a great buy
i dont even have an ask been waiting to see if John ever releases any news first..
haven't looked on here in ages, glad to see people still posting and still showing some interest, im still holding some ancient GRPS shares but am not thrilled about that. would love to see something happen with it.