Rebel
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up-down, can't look at it as a loss unless you sell. Look at how everyone has been throwing their shares out like garbage! It's amazing, and while disappointing on the one hand, it sure looks like a blessing on the other hand..good luck all.
;)
I guess it all depends on your definition of "real."
;)
I think he's trying to save us.
But if you look a little deeper, you will see enormous growth in stockholder equity. CBAY showed negative equity in 12/04 and as of 6/06, it was positive $24.7 million (assets as of 6/06 were $32.4 million). Despite the dilution, I'm hoping we see another dramatic increase in shareholder equity when the latest figures come out...we'll see soon enough.
http://finance.yahoo.com/q/bs?s=CBAYE.OB
One thing about today, volume of 71.23 thousand seems HUGE, doesn't it? And it held at 9 cents...
What does it all mean??? (lol)
You're a peach, Matt...thanks again.
Oops, it looks like that buy happened on Friday, not today. My brokerage account has not yet changed the symbol...does anyone see the new symbol in their account?
Thanks, Matt. It appears there are 2 now under SCPT; I guess the one with 6-7 posts today would be the one to keep. Can you delete the second one? Leaving it there may cause confusion, and I apologize for the error.
Big year indeed! First day under the new symbol and here we have a 100-share buy at 9 cents. Someone spent $9.00 (plus a commission) so they could be part of the dream.
Thanks, Meatloaf...my problem is resolved also.
Mr. Meatloaf, I'm getting the same message when I try to "add to favorites;" (SCPT)
"Something unexpected happened. Click back on your browser and try again.
If this happens again, send a PM to Meatloaf describing what you were trying to do when the error occured."
Made a mistake..created a board SCPT.PK and realize now that I should not have included the PK; would like to delete it, but not sure how. Thanks for any help..
SCPT..Created a new board under the new ticker if anyone wants to move the discussion there. It's rather lame at this point and I may update it, but that's where all the upcoming, sure-to-be-exciting PR's will appear, along with the stock quotes, etc.
Just created this board for all of the happy-go-lucky former Motion DNA investors, now Sports Concepts, Inc. (MTDX..MOTD..MTDN, now SCPT). Hoping for the best, but not holding my breath. Good luck everyone, and good luck to this new "dynamic" team! Thanks again for everything Zig!
Garlin would not tell you one way or another! He'd lose his job. Why on earth would they do a R/S with only 21 million shares outstanding (according to my latest information). Book value on this stock is $1.07. Other than possibly wanting to be listed on the Nasdaq, which would be a good thing, why would CBAY even consider doing a R/S?
Thanks.
Mr. Sky, according to your own post, Garlin refused to comment on your question, yet you are calling that a "stunning" find? What on earth made you think he'd give YOU any sort of insider information in the first place. (nice try and lol!)
xbitshot, just for fun I've been watching this company for a year and there really IS NOTHING like it--you are right, it's a complete and utter joke.
Dallas, Zig said he was going to step down and that the company would be “infused with a powerful slate of officers and directors.” He said that they’d need that dynamic team in order to become fully reporting, and that they were expecting “explosive” growth in 2006. Those interesting items appeared in a March, 2006 PR, and here we are in September. A poster here, Avdave, found that Jason Bodine is now the President/CEO, and Greenwood and Ziegler are still officers and directors, so there are no new people at all, but I was thinking that maybe they needed to quickly fill out paperwork to bring the company back into good standing with Arizona (one small step in the right direction at least) and that they're still trying to put together this "new team." That's probably a stretch given their history, but I try to keep hope alive!
There is no logic, and what amazes me even more is those 100-share buys for a whopping $9.50 investment. As much as I try to block this abomination out of my mind, when it hits 5 cents, it all comes back to me because, thanks to Zig's generosity, I have 100% more shares than I ever wanted, and it KILLS my account when it dives 40-50%. I'm really not whining...I should have seen it coming and gotten out during the fake buyout fiasco. Live and learn!
It really does feel hopeless. You'd think they'd care just a little bit, or at the very least PRETEND that they care. Go MTDX.
The way I look at it, the last few weeks have given me some time to stock up in the 40-cent range, and now I'm ready to just relax and wait for the stock to be discovered...I think good times are ahead.
The best part about today's PR is that it's appearing as news under GOOG, TWX, MSFT, and YHOO - great exposure for VOII.
Love today's news. Go VOII!
http://biz.yahoo.com/bw/060830/20060830005132.html?.v=2
Thanks for the reply, Matt. I am receiving an annoying amount of spam mostly hyping pink-sheet stocks and thought if you could just wipe me out completely, some of that might stop, but I guess if you can't, you can't...
I would like to removed as a member of IHUB, but am unable to find anything on this subject. Could someone direct me? Thank you.
Hi A1. That Samuel L. Jackson promotion is quite amazing. It's a funny coincidence that a friend had sent it to me over the weekend, and I was baffled because he knew my name and what kind of car I drive, and now I know that VOII was behind that entire promotion. The PR didn't do much for the share price, but a 39-cent close is all right by me because I'm hoping to add more this week.
It would be really nice to see some insider buying soon.
Hi Mrgecko, thanks for posting that. Is there any kind of clue anywhere that would indicate that the underlying tech tech provider for Google Talk is VOII? I've been looking, but not finding...
Positive gross margins/55% reduction in Losses!
VoIP, Inc. Reports Second Quarter Results
Notes Both Consistent Margin Improvements and Declining Losses
ORLANDO, Fla., Aug. 15 /PRNewswire-FirstCall/ -- VoIP, Inc. (OTC Bulletin Board: VOII), a leading provider of Voice over Internet Protocol (VoIP) communications solutions for service providers, resellers and consumers, today announced financial results for its second quarter ending June 30, 2006. Highlights for the quarter include:
* The 2nd quarter 2006 results represent a more than 55% reduction in
losses with a reported net loss of $6.1 million as compared to the 1st
quarter 2006 loss of $13.8 million.
* The Company has demonstrated a continuing trend of reduction in its
overall loss for three consecutive quarters, beginning with the 4th
quarter 2005 net loss of $14.5 million.
* Approximately $10 million (50%) of the six-month loss was non-cash
(including stock/option compensation expense, depreciation,
amortization and other non-cash expenses).
* 2nd quarter 2006 produced positive gross margin of $230,000
(+3% of sales) -- first positive gross margin reported by company in
past four (4) quarters.
* The 2nd quarter 2006 results show a continuing improvement trend in
gross margins for three consecutive quarters with current 2nd quarter
gross margins at +3% versus -6% of sales (-$619,000) in 1st quarter
2006 and -7.2% of sales (-$708,000) in 4th quarter 2005.
Hi A1. I finally had a chance to listen to the CC held in June. These guys sound like they're ready to go: Integration of the other 3 companies is about complete and in spite of all the confusion and frustration that came with those acquisitions, business continued to grow; they were "desperately" seeking 28 new employees. I like that VOII owns the private network/source code/tech, making them unique. Everything seems to be in place now for growth and profits...they already have some pretty big customers, and I hope we'll soon hear that GOOG will be one of them!
Dear Zig. How are those distributors doing after all that training you gave them? Have the patents been submitted to the US Patent & Trade Office (can't find them!). How about the "major" contracts you were expecting and how is your "relationship" building going with the NFL and MLB? What about the new management team? Have you been busy consulting with all those "suitors" that were interested in buying the company? Or, perhaps those "ongoing" negotiations continue with Miller? Maybe the counteroffer will be $6/share! C'mon, why not just issue another fake PR to get this share price moving? We know you can do it. What's up with the quoting on the pink sheets...thought you were going to take care of that, like a year ago. Just what HAVE you been doin'?
It's time to update the shareholders. After all, we're 8 months into 2006, which was supposed to be a great year for us, yet all of my ORIGINAL SHARES and FREE SHARES (thank you again!) are close to worthless now. BTW, do YOU own any shares in your own company yet? Maybe, you are finally being investigated for issuing false and misleading PR's, which just aren't covered under safe harbor statements...maybe that's why you've been so quiet.
CBAY has addressed the ReMax Buyout article...it's good to see this and I hope they get the perps. I for one learned a lesson here. Time to move on. Go CBAY!
http://biz.yahoo.com/bw/060710/20060710005881.html?.v=1
Another investor and I called the company and we're told it's either bogus or a stupid mistake, and the company is looking into it!
Pretty sloppy!
REMAX buyout...is this too good to be true?
http://biz-yahoo-ap-060628-20060.0catch.com/
Hi Choo and A1. Wow, I thought I was dreaming when I saw VOII was up today by 38.78%. I really do hope the selling is over, as it sure seemed to be way overdone. Now I'm wondering how that Google "trial" is going and whether or not we'll be hearing something definite on that...VOII has been pretty quiet (non-disclosure agreements were signed between the two companies), but I do remember reading that VOII expected significant revenues coming from that deal in 2006. I'm not starting a rumor--just wondering. Don't forget, too, the quarter will come to an end on Friday. Who knows..I hope it's not just a fluke, but it sure feels like something could be up.
Good luck guys!
Thank you, A1, for posting that filing. The restatement isn't bad at all. I just might pick up a few more shares next week while the price is right.
Yes, I wish Skeena would check in. We haven't heard anything out of this company since the podiatrist PR in April and before that, Zig said that he would step down as CEO and turn things over to another management team, strive to become a fully reporting company, and that MTDX would experience "explosive growth in 2006."
How I would love to believe it all...
Haod, how can the stock be "done" when McGovern is just getting started? Don't know what you expect to get for .0001/share at this point, especially with the massive number of current OS. Never mind postage stamps, for the price of a lottery ticket, you can buy 10,000 shares...so what the heck!
Hey Choo Choo, no I wasn't around for the CC, but will try to listen over the weekend. The Google agreement is compelling and one of many reasons I bought. Yahoo states that the market cap is $37.8 million, while VOII's enterprise value (the minimum price someone would have to pay to buy the company) is at $82.54 million. It appears the company is operating at a negative cash flow and has other financial woes to work out...so it's a leap of faith and hopefully healthy revenues will take care of that down the road. Definitely don't like the insider selling, but maybe we'll see some buying soon. There are recent options exerciseable at $1.00-$1.12/share. I did buy more on Monday in the 60-cent range and see no reason not to just let this one sit for a while. The Naz site gives a consensus share price of $3.29.
Recent resignations, a new CEO, financial pressure all seem to be weighing heavily on this stock...and I still have more homework to do!
http://www.nasdaq.com/earnings/analyst_summary.asp?mode=&kind=&symbol=voii&symbol=&s...
(LOL) Yeah, walk on the wild side!
Whoa baby...someone spent $13.00 on 100 shares. Who would do that? P.S. I luv you Zig.
I agree with you--just found this stock this morning and hope to buy on Monday after I do a little more homework, but I note that the market cap is only $1.51 million while the enterprise value is $12.83 million...the stock sure seems unvalued at 6 cents.