Mr. Buyatbid, sounds like it's time for you to move on. Good luck on your future investments!

Showing .11 in premarket...great news today...and it's only February.

buyatbid, so what else is new? CBAY more often than not closes in the red, or have you not noticed?

So....very impressive call (lol).

;)

$.018. This stock can be brutal.

Not scared, nope, not even a little bit.

Yikes

Aw, that's OK, Wallstreet...just giving you a hard time. ;)

Hey, we're not all guys...good morning to you, too. ;)

30,000 in pre-market according to my account--current price .104 (up 4%)...nice going Challenger.

OT-And P.S. to bigedwood: AND each quarter Dr. A, the CEO, hosts a live CC where shareholders can call in with their questions...

Bigedwood, IMX (AMEX) could be on the BRINK; beaten down stock. Only 11+ million shares outstanding and 8.1 million in the float. CEO owns over 1.1 million of the COMMON shares. Trustworthy, upfront management--no secrets (except for military information they're not allowed to talk much about). Among other things, they've developed new tech for explosives detection; currently working on a next-generation passenger portal for airports under contract with the TSA; also a standoff explosives detector for the Army; products being tested now by the Navy. Worldwide, they've sold over 240 units. Finances are a problem because of the HUGE expense of developing, patenting, and bringing their explosives detection products to market, but they've steadily increased revenues and are now improving gross margins. Watch out when institutional investors start moving in again or if the TSA certifies the benchtop already undergoing testing or if the Navy places an order; and of course, more sales internationally and domestically, among many other things.

Just an idea because you asked--not recommending. Obviously, do your own DD. I have been following this company for over 4 years--no secrets, no fluffy PR's, careful management with a good strategy to grow their explosives detection division. Bashers (shorts) galore over at the Yahoo board.

A-charting-god, that's a good example. At least CBAY has REAL assets and value, and it's almost impossible to believe that we'll stay down here for much longer. Pawson seems to be the main culpret, but shorting seems to be an issue as well, plus day traders seem to be in and out constantly picking up their .000001 profits! (lol). The latest figures on short interest from 1/07 show an increase of 116+%...it will be interesting to see what the February figures will show.

Based on the common shares outstanding that Pawson reported yesterday of 245,780,998, market cap as of Friday's close of .0205 is only $5.038 million. If you include the three classes of preferred shares, for a total share count of 383,824,682, then the market cap is still ONLY around $7.868 million. Despite the "dilution," which according to Pawson represents collateral, CBAY still seems extremely undervalued, at least to me.

There are plenty of stocks that take these prolonged swan dives for one reason or another; or sometimes it's simple panic-selling or for no reason at all, so I have to disgree with you.

Maybe that's a good thing--I believe there were massive liens that needed to be paid off. Maybe CBAY needs to concentrate now on developing/selling/doing something with the properties they currently own and try to make some money before they invest in further properties that require the use of common shares as collateral. Profits could be used instead of the issuance of shares to grow the CBAY property portfolio...

I will look forward to reading the transcript, but this is basically what I got out of it (for what it's worth, if anything):

- Majority of Preferred C issued for the Cobs acquisition have been cancelled;

- CBAY and Cobs still all friendly, lovely;

- CBAY retained a portion of Cobs technology and something good will come of it in the Q2/07 (not sure what);

- They hired someone new to oversee development projects;

- Utah properties are expected to attract people from California as “get away” vacation type homes;

- CBAY owns 37 single-family homes in Las Vegas;

- Common shares have been used as collateral;

- He said he’s the largest shareholder in the company (but I do not believe he owns any COMMON shares like us commoners);

- Stonewell case was removed by a lower court; CBAY to introduce new evidence to show justification and he did say that now the case is before _____________ (don’t remember).

..."constantly praising Pawson?" Now THAT's funny and something I haven't seen on this board.

At 1:53 p.m., I'm showing 7.048 million shares traded, which is almost double the 10-day average for volume, yet the stock price remains pretty much stagnent.

What a joke. A buy of 100 shares to bring the share price up by 11.43%. Who is that big spender who spent a whopping $3.90 for 100 shares?

(lol)

Yep, I'm thinkin' happy, happy, happy news...that's what we were told, so that's what I'm expecting.

And don't forget that filing by Golden Gate Investors last week. Unless I'm reading the 13G wrong, it looks like they're holding 4.119 million shares from October, 2006, when the share price was at 11 cents.

;)

Don't forget, Garlin told someone on this board a week or so ago that the CC was delayed because of important business that needed to be taken care of and that shareholders will be HAPPY when they hear all about it.

So, here's to a HAPPY CC. Happy, happy, happy...

(lol)

Roll call! Hey Mack, I'm still here, too, trying to stay optimistic, and now thinking that Golden Gate Investors wouldn't be holding all of those shares if they didn't think they'd make a few bucks...

Looks like investors have given up, selling at close to the all-time low. Pawson is getting a huge no-confidence signal from investors. Only time will tell whether or not my decision to increase my position/hold will pay off, or if I've been completely duped. Good luck to you and all who continue to hold.

It's a statement of beneficial ownership showing that Golden Gate owns 4.119 million shares, but I suppose you can call it whatever you'd like.

Looks to me like an institutional buy by Golden Gate Investors...

http://www.secinfo.com/$/SEC/Documents.asp?CIK=1348010&Party=BFO&Type=SC+13G&Label=State...

Or at the very least that he's purchased 100,000 common shares and invested $2,300 of his very own money...

...but I have a feeling it's not gonna happen, but you never know. (c'mon, Roger...such a DEAL!)

I absolutely agree...good luck!

Wish all my stocks would show me a 127% profit in three weeks! Nice going, Challenger...gonna hang in here for a while.

Maybe they've written up a few orders at the LA Boat Show, which will continue right through Sunday, 2/11.

Whatever it is, ya gotta love the action over the past few weeks.

So...do you mean that it looks to you like CBAY is about to break on through to the other side?

;)

Challenger's Sugar Sand Awarded 'Best Show Display' At Minneapolis Boat Show..

WASHINGTON, Mo., Feb. 8 /PRNewswire-FirstCall/ -- Challenger Powerboats, Inc. (OTC Bulletin Board: CPWB) today announced that Crystal-Pierz Marine was recognized among more than 220 exhibitors at the Minneapolis Boat Show for the dealer's Centurian/Sugar Sand display, which took top honors as 'Best Show Display'.

Challenger CEO Laurie Phillips stated, ''Clearly we are proud of this honor and believe that this award further validates our rationale regarding our recent acquisition of the Sugar Sand as well as Gekko brands. Crystal-Pierz is one of our largest dealers and we are pleased that our organization represented well for them at such a highly visible event.''

..."all of you will be happy to hear about..." Any clue as to what Garlin meant by that? I just don't know how we can take any more happiness. (lol)

Can we talk now? ;)

Nice day for a Friday (for a change)...congrats to all who are still hangin' in there...and/or keep buying 'em up.

(lol) A little good lovin' and a little respect. That's not so much to ask for... ;).

I wonder if the Las Vegas deal closed yet--that was scheduled to close by 1/31/07...we should be hearing something on that soon.

Hi dffhogs, doesn't it seem crazy that the market cap here is just a little over $4 million? Especially when you consider CPWB's beautiful products, new management, and all this encouraging news and boat show exposure, not to mention the fact that spring/summer is fast approaching...

"WASHINGTON, Mo., Feb. 1 /PRNewswire-FirstCall/ -- Challenger Powerboats, Inc. (OTC Bulletin Board: CPWB) today announced that it will be exhibiting at the Los Angeles Boat Show from February 3-11. Now in its 51st consecutive year, The L.A. Boat Show is one of the longest running boat shows in the U.S., with nearly a half million square feet of exhibition space and featuring over 1,100 new boats from 6' to 60'.

Challenger CEO Laurie Phillips stated, 'Exhibiting at the L.A. Boat Show gives us major exposure to this region, as we plan to aggressively pursue opportunities within the expansive west coast market. This show is the premier show for this region and will provide us with a platform from which to showcase our entire lineup of Challenger, Sugar Sand and Gekko boats.'"

(lol) and does the worm go by the name of Roger?

Already more than 3 times the 10-day average for volume, and it's only 1:19 p.m.

Hmmm...

The saddest thing is that we get excited when the stock moves up in tiny fractions of one penny. Does anyone remember when CBAY would move up or down by several WHOLE pennies in a day (like a REAL stock?) Ah yes, those were the good old days! (lol)

From the PR: "common stock shareholders were being victimized by the dramatic devaluation of the common tradable shares, as a result of significant short selling on a daily basis."

So, I guess the question is: Is it really the shorts that are victimizing the shareholders? Or is it Pawson's actions?

Only time will tell just how much Pawson cares about his shareholders...I'm still giving him the benefit of the doubt, but it's fading a bit; still cautiously optimistic.

Ah, but no pain, no gain (pain builds character). The better the news, the more we sink, and some of us really crazy people keep buying because we love pain and torture! Yep, it's a HOOT. ;)

There are SO MANY undervalued companies out there, and I think it's just a matter of time before CBAY makes a solid, steady move. Of course, at this point, it's ALL about Pawson...

Despite today's incredible 13.16% drop on good news, you have to admit that this stock is a HOOT.

Whoa baby... :)

(lol) there is no such word as overshawdowed. Meant "overshadowed."