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I am totally in the line for that one. But way behind people who have been here longer. I am kind of glad they dont pump the stock with newletters and PR's. I was involved in another stock and each PR ( as positive as they sounded ) drove the stock down. Cough Cough BRWC
That is true also. I have made $$ on this one already. Got me in some trouble but I made $$. I do not think this one needs pumping or anything like that. I really enjoy the lull before the call.
Good point. off topic but, I think the I-Watch will be used for banking purposes like a credit card.
Thank you so much. From my understanding TLFX has not responded to investors and there has not been a CC so far. I really think this is making investors curious. Also TLFX just released financials before the CC. I for one am very curious about the conference call after a huge announcement. At the same time, some investors on this board have big questions as well. That is why I would like to know if we can ask questions on the call. But heck ... this is sub penny land and all tricks can be played.
Thank you again. We are all curious how this will go.
Thank you, I am sure the forum appreciates the input. What was said on these conference calls? Could investors ask questions?
Did they hold multiple CC's? I only ask because this appears to be the first CC after a large announcement for TLFX.
I do not know, the CC could be smoke blown up our arse...but really like that you can comment here on a previous companys CC.
Can you post an example of a CC you have been involved in? Most are waiting for this CC and would like to hear about a previous one.
Maybe just a company name and example of what happened on the conference call? A little more then "Most CC plays I've been in have flopped. " would really help.
TLFX is a good one to watch. They are having a conference call for investors next week, they just released financials, there is some relationship with Verizon on M2M ......
About TeleFix:
TeleFix Communications Holdings, Inc., a Woman-Owned emerging high-growth business enterprise,
is an up-and-coming Leader in providing turn-key Network deployment of Communication Networks
and innovative technologies.
TELEFIX Communications Holdings, Inc., (OTC: TLFX) Announces the Award of a Vertical Solution
Provider M2M Agreement Contract from Verizon Wireless.
Boreal Water Collect (OTCMKTS:BRWC, BRWC message board) had a pretty rough day on Tuesday. The ticker opened the session with a small gap up at $0.0016, but it started slipping almost immediately. A couple of hours before the closing bell, the management team issued a press release and said that their Baby Water is now available in more than 300 stores across China. They also announced that they will be taking part in an event dedicated to drinking water in a couple of weeks' time.
Many people expected that the news will break the fall, but unfortunately, it wasn't to be. BRWC remained unmoved and continued falling until it closed Tuesday’s session at $0.001 per share (33% below Monday's value). Yesterday, it attempted a bounce, but despite the $308 thousand in dollar volume, it only managed to add 10% which means that it's still a long way away from the levels visited at the beginning of the week.
Despite the somewhat hesitant performance, most people don't appear to be too concerned. Discussion boards are still pretty active and the investors who post there are saying that the future is bright. That might just turn out to be the case, but it must be said that the present isn't quite so rosy.
Take the latest 10-Q, for example. It covers the first quarter of 2015 and the figures in it look like this:
cash: $125 thousand
current assets: $542 thousand
current liabilities: $2.3 million
quarterly revenues: $531 thousand
quarterly net loss: $301 thousand
Those of you who are looking for a silver lining will probably say that the sales figure is significantly bigger than the one logged a year ago. This is true, but on a quarter-over-quarter basis, BRWC registered a 15% drop. In addition to this, there isn't a whole lot of cash and the working capital deficit is quite disturbing.
That, by the way, is where the biggest problem lies. A large portion of the liabilities consists of convertible debt and the dilution coming out of it has put quite a lot of strain on the stock. During Q1, for example, some unrelated parties (who won't need to file Form 4's when they liquidate their positions) acquired more than 133 million shares at $0.0006 a pop as a conversion of debt. In April and May, a further 319 million shares were issued to some equally unrelated parties at $0.0003. Once again, they were issued as a conversion of toxic debt.
Couple this with the hundreds of millions of shares issued to the management team in exchange for services and accrued salaries, and you end up with a stock that's been heavily diluted. More specifically, you end up with a stock that's been diluted by a stomach-churning 488% in a matter of just six months.
BRWC apparently realize how bad this is. At the end of last month, they issued a press release and said that they are in the process of removing all of the convertible debt from the books. They also said that they will no longer rely on toxic financing.
Sounds good, but you really have to look at the damage that has already been done and think about whether it's repairable.
About forty-five minutes after today's opening bell, BRWC is sitting at $0.001.
Todays chart was not forecasting weather. It was showing loses.
I am not the best at reading. But I do see the charts lol.
Then please explain this email from the CEO >> http://tinypic.com/view.php?pic=2r2q3pc&s=8#.VV52JjY4nTZ
You better put your money back in your purse before its all gone!
What sense would it make to hold a conference to say that. I do not think it is bad news. I have seen companies dump bad news, and they do not do it on conference calls. Usually it is in the form of an SEC filing.
Do not get me wrong, I am always skeptical of sub penny stocks.
What part is not true?
Not looking good. Read Below.
Boreal Water Collect (OTCMKTS:BRWC, BRWC message board) had a pretty rough day on Tuesday. The ticker opened the session with a small gap up at $0.0016, but it started slipping almost immediately. A couple of hours before the closing bell, the management team issued a press release and said that their Baby Water is now available in more than 300 stores across China. They also announced that they will be taking part in an event dedicated to drinking water in a couple of weeks' time.
Many people expected that the news will break the fall, but unfortunately, it wasn't to be. BRWC remained unmoved and continued falling until it closed Tuesday’s session at $0.001 per share (33% below Monday's value). Yesterday, it attempted a bounce, but despite the $308 thousand in dollar volume, it only managed to add 10% which means that it's still a long way away from the levels visited at the beginning of the week.
Despite the somewhat hesitant performance, most people don't appear to be too concerned. Discussion boards are still pretty active and the investors who post there are saying that the future is bright. That might just turn out to be the case, but it must be said that the present isn't quite so rosy.
Take the latest 10-Q, for example. It covers the first quarter of 2015 and the figures in it look like this:
cash: $125 thousand
current assets: $542 thousand
current liabilities: $2.3 million
quarterly revenues: $531 thousand
quarterly net loss: $301 thousand
Those of you who are looking for a silver lining will probably say that the sales figure is significantly bigger than the one logged a year ago. This is true, but on a quarter-over-quarter basis, BRWC registered a 15% drop. In addition to this, there isn't a whole lot of cash and the working capital deficit is quite disturbing.
That, by the way, is where the biggest problem lies. A large portion of the liabilities consists of convertible debt and the dilution coming out of it has put quite a lot of strain on the stock. During Q1, for example, some unrelated parties (who won't need to file Form 4's when they liquidate their positions) acquired more than 133 million shares at $0.0006 a pop as a conversion of debt. In April and May, a further 319 million shares were issued to some equally unrelated parties at $0.0003. Once again, they were issued as a conversion of toxic debt.
Couple this with the hundreds of millions of shares issued to the management team in exchange for services and accrued salaries, and you end up with a stock that's been heavily diluted. More specifically, you end up with a stock that's been diluted by a stomach-churning 488% in a matter of just six months.
BRWC apparently realize how bad this is. At the end of last month, they issued a press release and said that they are in the process of removing all of the convertible debt from the books. They also said that they will no longer rely on toxic financing.
Sounds good, but you really have to look at the damage that has already been done and think about whether it's repairable.
About forty-five minutes after today's opening bell, BRWC is sitting at $0.001.
TLFX, good time to get in before conference call. Financials released yesterday and conference call May 29 , possibly about Verizon M2M. Good time to get in while it is under 3.
This little gem, keeps giving!
I am holding until the conference call.
I think we all got caught in the great news and missed that. We really did not care about previous reports, especially since this one was due soon. This company is way different then all other sub penny stock. They are going places. The "cops" program/software really makes me curious. M2M is the latest and greatest. I am not a super financial guy, but if they do want to move up, they need to do a reverse split eventually.
In short. I really do think this company is moving up. The financials in my opinion seemed copy and paste in some parts.
I am holding this one to see what happens. May 29 conf call will be very interesting. I do expect news before it. It is my understanding they have to release something in writing before the conf call, to explain what the conf call is about.
Not bad DD. Good job.
Let me guess, todays drop at the end was because of market makers and shorts? It was not day traders taking advantage of the momentum.
You guys better sell your shares and put that money back in your purses.
Not sure if it will go that low. During todays panic, it hit 0018 at its lowest
I loved it today! Sold at 3 and filled back up at less then 2. Made a profit and have many more shares now.
I do agree, reverse splits are scary.
This craziest conference call is going to be so crazy. I am thinking about taking the day off of work for it.
BRWC Millionaire Christmas Party. Who is going? If you are taking a private jet or helicopter, let me know so we can arrange it.
They just don't see the potential in this epic chart. Only reason it dipped was because of market makers. Am I right?
This chart seems very ready for a break out. Why so many haters?
Come back down to 0.0018 please.....
Holy Cow. That report was no good.
How many did you just dump?
I am watching in the background.
I will be listening live. I can post if no one else is.
1 More Time
No penny stock will make you millions.
The percentage of penny stocks making millions is very small.
Take profits when you have them. Even it is only $20.
Do DD on every stock.
Do not sleep overnight on a stock. You could wake up to a nightmare. Maybe FDA approval failed, crazy PR etc.
Do not trust message boards. No one on that board has more to lose then you.
When you think " how low can that stock go " . It can go all the way to bottom. I have seen some reverse splits. Check CIGW
AS SOON AS YOU MAKE PROFIT, take it, walk away. No one has ever complained about a profit.
With that said. This stock will open strong. But be careful. Very careful.
I talked BS tonight. Be careful with this one. My posts just want to help other investors.
1.5 billion outstanding? You guys preach DD. Preach that
My last thought before bed.
No penny stock will make you millions.
The percentage of penny stocks making millions is very small.
Take profits when you have them. Even it is only $20.
Do DD on every stock.
Do not sleep overnight on a stock. You could wake up to a nightmare. Maybe FDA approval failed, crazy PR etc.
Do not trust message boards. No one on that board has more to lose then you.
When you think " how low can that stock go " . It can go all the way to bottom. I have seen some reverse splits. Check CIGW
AS SOON AS YOU MAKE PROFIT, take it, walk away. No one has ever complained about a profit.
With that said. This stock will open strong. But be careful. Very careful.
I talked BS tonight. Be careful with this one. My posts just want to help other investors.
Lat week I did love this stock. I do not lie about that
Nice. Dump them after the morning rush. Do you have a screenshot? I will send one.
1.5 Billion Shares Dilution just google that.