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so sometime today...90 day deadline is today
especially if Trump gets in...& re-works trade agreements
any sellers sub 005 will live in regret...when end of dilution is announced
asif has survived 15 yrs in the biz..and now has $5m worth of gov't backed loan on his side
dusnt take much imagination to see this at multiple copper in 3-5 yrs
snowball already rolling imo
we had a profitable thanx to asif's diversification plan
adding more salaries to the mix isnt the answer...until we hit 10+yards
$2k cash on hand pre SBA approval
given the history of small SS/no r/s
my guess is asif fought as hard as he cud to avoid more notes...but SBA parameters didnt cover certain expenses needed to move fwd
rock bottom scrap prices killed off many other yards...and here asif is...buyin the blood
time to buy is now 0005 is as bloody as she gets imo
well said...matter of days now till sentiment/pps reverse course
nice...i'm all-in just in time..thanx for the info
due fri or mid april???
cant have trip pps and end of dilution simultaneously
next dilution filing will involve restricted shares imo
ship is turning...no r/s...future buyback program
these r the 3 things i'm bankin on
ania says he's finding a new IR co that is lower cost/better results
good move imo...URM deal getting done imo
asif is fully committed to growth/success
why else wud he go thru the painstaking SBA process
& o ya...if he had skeletons..SBA wudda found em
short term sacrifice for long term re-structuring
when its all said & done...we will have a rev beast here...in a continually growing sector
share buyback plan will happen imo...2-3 yrs out
PPS IS RIDICULOUSLY LOW...too many developments here for this many longs 2b throwing in the towel
1ST PITCH OF A 9 INNING GAME FOLKS
ur 1 of few here with dry powder...chance of a lifetime here imo
which means cash raising for URM deal imo
no cheaper time then now to buy a junk yard...its now or never...while he still has plenty of SBA $$ to support raw material/expanded operational costs
with a large amt of restricted shares/a portion of the SBA loan...i believe he will pull it off
jumping thru all the SBA hoops/putting up $2.5m of his personal collateral proves he's serious
he knows he must grow/diversify to survive/thrive
URM PR will most likely drop within days of 10k imo...within 30 days of the 90 day LOI limit now
so...a backward looking/poor 10K cud b trumped by URM deal
even ugly news cud make this go 3x-5x imo..way oversold...priced for BK..with $5m SBA loan approval...ridiculous pps...even if we were at 2b o/s
simple math
6.654m...sorry
MADE MY LAST BUY 654k shares today
6.54m total
10k/URM news out any day now...possibly any hr
reading asif's own words in PRs/listening to his interviews proves that he is highly intelligent/articulate
best idea i can think of wud be quarterly or semi-annual SH conference calls
takes an hr of asif's time..and wud boost pps imo...at nearly 0 cost
even if it wud b limitted to 10 questions...it wud b a monster step
SBA loan is real...they vetted asif 1000x better than we can...like u say we have limited avail accurate info
asif and SHs need to quit sucking their thumb...both r butt hurt...both need to get over it
in a quiet period...positive things can go unreported also
ANNIA'S post...2 wks ago...she's closer to asif than king...king handles several co's
she says asif is working hard to make URM deal happen
IR is being addressed as we speak...URM deal/SBA loan r game-changers
asif has been vetted by SBA...and approved for $5M max loan...
recycling is 1 of the sexiest industries going fwd
TIME TO LOOK FWD VS BACK
we know gnpt is in a quiet period while closing URM deal
asif pulled off a profitable Q while unable to buy sufficient raw materials
once SBA $ is thrown into the mix..it'll b like a spark hitting dry kindling
we r now better diversified than ever...and prepared to grow in several directions
URM represents a massive bump in revs/increased exposure to demo debris
oil/concrete/clothing rev streams r all growing
classic car parts market is still peaking/SBA $ was no doubt used to buy up more classic cars/parts
scrap metal is up 18% in 2016 & climbing
last we heard here(via annia post)..asif was working to upgrade IR/working hard on URM deal
u r talking as if SBA loan/URM deal aren't real
no change in o/s this wk
10K will b reported on time...in a timely/confident manner
dont capitulate now bro...human nature always pushes peeps to sell(or stop buying) at the bottom
sub 001 avg...sorry
luckily i cudnt afford to buy when we were +002
my cost average for 85% of my shares is sub 0001
just SBA news/enterprise valu shud spark buying down here
problem is...53 total holders...that # will soon double imo...when URM deal closes...#s post SBA loan come out
only so much info asif can relay while closing URM deal
yes...u were right on the drop...i feel i'm right on the climb
turning a ship in a bad environment aint ez...or quick
10K/URM PRs ON DECK
from 0005 to 005 in a blink imo
asif is closing the URM deal as we speak imo
risk/reward r at extreme levels for asif
I'M BETTIN ON REWARD...he's been in the biz for 15 yrs...he knows what he's doin folks
profitable Q under our belt...when co cudnt even afford sufficient raw materials
Continued increase in cash flow and a return to profitability, and improvement of shareholder value is key to our success in 2016. Lastly, we will be filing our 10k in a timely manner."
why file sh!t #s on time....i'm not buyin ur implosion theory
300k...put in an all-or-none limit order
i dream of having his share count lol...we all do
ORCA CUD BUY UP THE MAJORITY...amung many others watching this
good...more pressure on him to step up
URM announcement possibly days away...end of april is LOI deadline
if we get near the 90 day limit...deal wont go thru imo
57 days in now
o/s hasnt grown this wk folks....#s due out within a wk
last chance to bottom feed imo
bot 300k more this morn
6m total
SBA parameters wont let asif stray as far from SH interests as many here think
remember...he has $2.5/the entire operation to lose if he dusnt make this work...within SBA's strict guidelines
win/win for him/us
april 22 was mentioned here for next wave of conversions
i agree..good news/#s shud overpower last of conversions