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I'm not sure that is a good sign. Website disappears with just a line about significant corporate event coming on the 31st. And then to top it off, it's linked to our board on I-hub. Seems way to penny like for me. Maybe this won't happen. I'll guess I'll hang around anyways. Must be the gambling side of me.
Nice work dgsion!
I've seen this too many times. No good reason to increase the A/S like that, then hire a promoter and then suddenly start issuing PR's.
A company certainly doesn't raise the A/S from 500M to 950M for no reason. Seems pretty obvious to me what is going on.
I'm thinking about adding more shares down here. I might some nice change on the last run-up and with more verifiable DD, I think it's time to add some more. We'll see how she reacts in the next week or two.
I've still heard nothing from the company on when and if we'll be able to purchase product online. Our website was supposed to be upgraded a long time ago. I'd actually like to try more product but where do you purchase it from if you don't live near one of the stores back east?
I certainly wouldn't ignore the latest 10Q. We have some serious issues to address. We're in default on some loans. We're in discussion with the IRS and the State of New York to pay back a serious chunk of change. We need some cash badly. We only had $1400 in the bank! I know the CEO guaranteed some of the loan money but nowhere near a majority of it. What we really need is a conference call where we can hear an update on our newest acquisition, how our roll-out of our bars are going in Walgreens and Discount Drug-Mart etc, where we're at financially and the status of the website. It would go a long way towards moving this forward imo.
Any idea what the O/S is by now? I know the O/S was 37M back in November but it looks like they had at least 40M more shares to issue in debt conversion deals.
Any idea when they might turn a profit?
Tks!
Well at least there are 3 of us left. LOL!
Thanks for the update BuckeyeMike! There is no wiggle room in those kinds of statements. If we don't close b4 the close of business Wednesday, this will crater imo. Hopefully she doesn't make us sweat it all the way to the end. There are some loyal shareholders that would be none to happy if this ran into April and we tanked to sub-penny.
Anybody left around here? Maybe you've all sold and moved on. I've still got all my shares for now. I e-mailed the company a week ago with one simple question and I've gotten no response. Mr. Friedman used to respond fairly quickly but not anymore.
Yep. Just need some new info and a little volume.
Every once in a while I call Thoro'Bred just to see where we're at. The first time I called the guy had a couple hundred of our horseshoes in front of him. Fresh off the line I guess. We do have shoes. We just need to see how they go over to the general public. They've been field tested and now they need to be public tested. We shall see.
I'm still waiting for our shoes to show up on the Thoro'Bred site under new products. Nothing yet. Last time I talked to Thoro'Bred they said they would eventually be on there. At least we know, they're selling through all Thoro'Bred distributors.
Nice day! This will take time since we just started selling horseshoes. Hopefully, they'll go over well and we'll have some nice Q's later this year.
The pump seems to have begun. I was just glad to get out of this at a profit once I saw the A/S raised to 950M. I'm sure shares will be issued and hitting the market soon enough. GL to those that have decided to hang around.
What a sad day for what used to be the U.S.A. Should we just call it the U.S.S.A now?
Kit Bond: Obamacare's Financial Cost to States Will Be 'Horrific'
http://newsmax.com/Headline/bond-healthcare-states-mandates/2010/03/22/id/353529
My NO BRAINER:
FRHV:
10Q came out today.
We've got some work to do to get to the next Q. We owe the IRS and State of NY. We've got notes that are overdue. And we're struggling to get the needed cash to move the business forward. FRHV continues to issue a lot of shares. O/S is up to 142M now.
On the plus, FRHV just closed on a 1.5M acquisition and their bars are being sold in Walgreens and possibly in Discount Drug Mart of Ohio (about 70 stores). We'll see how the market reacts to the latest Q over the coming weeks. Hopefully FRHV doesn't turn into a Lame Brainer first!
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7139536-1032-68902&type=sect&dcn=0001052918-10-000086
That's why I always try to be realistic at this level. FRHV has some huge potential but we've also got to work through some issues right now. Hopefully, we'll survive these next couple months and get some cash coming out of our latest acquisition and hopefully find some of the other 600K needed to further the business plan. We'll see how the market reacts to this over the next couple weeks.
10Q
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7139536-1032-68902&type=sect&TabIndex=2&companyid=678428&ppu=%252fdefault.aspx%253fcik%253d1331612
Not a pretty read. We need some positive news to counter the latest 10Q. O/S up to 142M, defaults on loans, Owing money to the IRS and state of NY.
That's why I don't think there is any shorting going on. MM making a market and buyers and sellers doing there thing.
I'm not that optimistic but then we all need to see the financial data for these companies and see all their revs and net profit. I ran the numbers on 50M in three years and it fits with the Nasdaq idea.
50M at say 15% net margin = 7.50M net profit/131M (current O/S) = .057 eps x 20PE = $1.14 but at 30-1 PE it would be $1.71. Take that by our reduced SS (1/3) and we'd be in the $3.50 to $5 range. But what are these companies doing right now? 5m? 10M in revs or ???.
I guess we'll find out in a few weeks.
10Q should be out Monday. Don't expect anything special in this Q as the better sales should start showing up in the current Q (plus more info on our latest acquisition) Nevertheless, should be interesting to read over. GLTA!
Exactly. That's what I tried to point out not long ago.
No to Obamacare! We must not let this pass. Just when we thought we had this under control the Democrats are going to use a rule illegally to try and pass this without the 60 votes in the Senate and deny the Republicans a filibuster. Isn't it funny how all the articles floating around aren't mentioning the use of the reconciliation rule to jam this through with 51 Senate votes. Where are the news reporters??? How about getting the facts out there. That's right the mainstream media loves socialism. They feel guilty living high of the hog. We can't let this country end with this vote. I'm off to pray for our great U.S.A.!
I don't think there are many "stuck holders". RTGV has been easy to make money on.
I'd be ecstatic to see .08 shortly after the close. That would be awesome! But the bottom line is, we don't know what our 4 (5?) companies will bring to the mix. I am counting on it to be enough to continue our momentum.
I don't think it's magically going to be .25 or .50 after the close. Four days after the close when we can peruse all the financial information of the companies under our fold, then absolutely it could be considerably higher. Do we have any idea what these 4 (5?) companies are worth? What their net profit for 2009 was? I'm sure we'll pop a little after the close but I think most investors will want to pour over the financials in the coming days to see what they think the new NMTV is worth. After we establish that, then maybe we'll start looking ahead to what this company may be worth in 6-12 months and beyond.
This will be driven by the fundamentals when we see the super 8K within 4 business days after the merger closing. I'm sure we'll get an initial spike because it finally happened but then we'll all be pouring over the financial data to see what this should be valued at. We don't need much net profit out of these 4 (5?) companies to produce a nice pop from .04.
I doubt it and I hope not. We are just getting started and we'll do better to build our brand imo.
I sold mine at a 14% profit over the past couple weeks. As soon as I found out the A/S was raised to 950M, I knew EVRN was toast. It had potential until then. I felt lucky to get out at .008.
To me this PR was huge. Easily verifiable info. A company involved with some pretty big names.
As to the RS, it means nothing to me. It has no effect on the fundamentals.
I think this PR will be the beginning of a change. Now investors will be talking more and more about the potential and less and less about will it close. I don't think our CEO made up quotes from the CEO of Digital Clarity and faked this acquisition.
This looks pretty real right now.
What? This one has a name for the company!
More verifiable DD!
Check out the list of clients
http://www.digital-clarity.com/clients
With all the junk out there, here we have a company with a real product that is selling through the Thoro'Bred distributors and soon on their website. It amazes me how all the junk gets pumped and the real companies no one notices.
Hopefully EVOGF will wake up as the weather warms. Accumulation is hopefully the way to go while everyone is looking elsewhere. Right now it's accumulating (snowing) on the Rattlesnake project.
I know when I called about that a few weeks ago he said they would be soon. I didn't see them under new products yet but hopefully soon.
All the familiar faces are returning. LOL!
But from my understanding that number doesn't mean there were actually 397K shorted.
They just started manufacturing a few weeks ago so I'm sure more sizes are coming. I just wanted to see that they are becoming available.
horseshoe size link
http://www.hoof-it.com/horse-shoes-size-chart.pdf
It was actually picked at .0224 not .0244. I might need that. Thanks cargo_hauler!