Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I agree Bull, like I said here:
Talk about timing!
Looks like we won't have to worry about revising the iBox, the sticky's, or even perhaps this entire board if they will alldisappear(?) with a name change to Capstone Companies, Inc.
Lahodny, I didn't exactly answer your question
You asked, "Any idea how many shares one has to own to receive said shareholder package?"
Based on the numbers involved I would guesstimate in excess of two million share.
Well lahodny, I think I found the answer.
On my first read, I totally missed the following statement in the solicitation for approval:
More news - How about a symbol change?
Yep, if the new name is approved, the new trading symbol for the stock is presently anticipated to be - CAPC
The symbol change will not require additional shareholder approval.
Enjoy!
To clarify approving the name change -
I received via FedEx this morning a letter requesting written consent to:
(1) Re-elect the current Board of Directors
(2) Ratify appointment of Robinson Hill as public auditor, and
(3) Change the name as reported to Capstone Companies, Inc.
It was specifically stated that no other proposed corporate actions are being submitted for your consent
Because this entails a change to the Articles of Incorporation, shareholder approval is required.
I would imagine that many of you will shortly receive this mailing.
Holy Cow - Running Bull YOU DID IT!
I've just been asked by the company to vote approval to change the name from CHDT Corporation to Capstone Companies, Inc !!!
(Maybe it wasn't entirely your doing but it's close enough for me to offer congratulations!)
Everyone - Opinions Please?
The topic of the iBox content is important to all of us CHDO stockholders as that is the first thing each new visitor to the site encounters.
While Uranium has been nice enough to take on the task of bringing the present iBox up to date, I believe there is a simpler, quicker solution
The following could serve as the entire iBox and can easily be updated by posting the new release each quarter.
Note the up-to-date and highly professional appearance of the following..
http://www.chdtcorp.com/Portals/0/20120517%20CHDT%20Q1-12%20Fact%20Sheet%20.pdf
I don't believe we would have any problem in getting permission from Debbie and/or Corporate to use this, unexpurgated and with proper source credit, to become our iBox.
How about it gang, what do you think or suggest?
We already matched yesterday's total volume.
With a "sell" of 6000 shares at .0121 at the open.
Down nearly 20% but what the heck, $72.61 is $72.61.
What more can you say?
A positive note, we didn't get "skunked" today.
Nope, following yesterday's inspirational conference call we were able to hold .015 (for only a slight loss). And by efficiently concentrating today's action into a single 6000 share trade at .0940 we were able to record a solid $95 on the record books.
Go Chdo!
We're quite the conglomerate Diz!
Actually it appears that "OTC markets" has managed to combine us with another Capstone:
www.capstoneturbine.com
Booklights Hell, these guys could probably light up a small town.
Oops!
Dizzy, For you, but you've spoiled my fun!
I've been watching the iBox for eons as sort of a barometer of moderator efficiency on this CHDT board. I figured "no harm - no foul" since obviously no one reads the iBox anyway. It's pretty hard to miss this, particularly for anyone looking to see what this company does.
So here it is, under "Our Businesses" (note the plural) we find:
If you think "Sticky's" aren't monitored, check the "iBox"!
Several days ago I asked Admin to remove some outdated Stickys but was told it could only be done by a moderator.
Uranium's intelligent - perhaps he can do it?
Heaven knows what it takes to get corrections made to the iBox. It contains totally incorrect data that goes back years.
RVD, I'm with you when you say
I just cancelled a GTC Buy at .0105
that I've had open for some time.
Unfortunately I think we'll all be able to buy shares at a better price very soon.
Sub-penny anyone?
Well Angel, I thought I had "Lowballed" it
with my predictions. But I wasn't pessimistic enough by half! My guess was:
You have to dig for it
but the full 10Q is now available at the company website. There is not a direct link that I have found.
First Quarter Results are Out:
http://finance.yahoo.com/news/chdt-corporation-reports-first-quarter-203000818.html
Well iamadog, this sure is a strange day.
Those folks waiting to buy in that you mentioned are really waiting. Here we are on a day when earnings are to be released and, three hours after the opening bell, we have yet to see a single share trade. Let's hope we see some decent revenues announced this afternoon.
I don't know what effect the 10-Q will have but that conference call tomorrow better be a doozy to kick start this turkey off the ground and keep it flying high enough to be seen on radar. (How's that for mixing metaphors? - LoL)
Technical Analysis is essentially useless on penny stocks.
Vorticity, again I not only agree with you on "charting" but have stated my position as plainly as possible in the header. This has been shown to be true time and time again by CHDO.
Yes, on heavily traded big board stocks with a long history to base trendlines on, T/A can give an indication of prevailing direction. T/A is really more suited to indices or their dependencies such as the DOW, Triple Q, or ETF's. And even there, a simple "Greek Tragedy" or the European election results can throw a long term uptrend into an unexpected and un-forecast loop. (See QQQ for example)
The most ludicrous of the failed CHDO predictions involves the ever popular "Golden Cross" This can be a legitimate indicator but only if you understand how it works. Too many CHDO "chartists" begin salivating over a Golden Cross whenever a short term average drifts towards a longer term average. Any time averages increase, it is a positive sign BUT ...........
For a true CHDO Golden Cross to exist, four conditions should be met:
(1) Both averages, as the cross approaches, should be trending upward, even if only slightly. They will be essentially parallel at the time
(2) The shorter average must cross the longer sharply, usually between 30 and 45 degrees. Oozing across doesn't count.
(3) The cross must be accompanied by an increase in volume.
(4) the shorter average must maintain its upward momenum long enough to establish a viable trend.
You will not find these qualification spelled out on many internet definitions of the Golden Cross because those are oversimplified for the average reader. However, if you look at the illustrations accompanying the text, you will clearly see that at least three out of the four conditions above will be met.
Sorry to be pedantic but the inaccurate posts about Golden Crosses on this CHDO board are more than annoying, they are misleading and therefore harmful.
Vorticity, I couldn't agree more.
However when a poster, for whatever reason, bombards the internet with countless posts proclaiming something to be true, even when it is demonstrably false, the statement may gain credence from sheer repetition. For those who lack the knowledge or expertise to vet these posts, these can become a self fulfilling prophecy because the inexperienced can and do frequently base their "DD" on internet message board posts.
Hence the danger of the false "somebody's shorting CHDO" posts, another of which was on the Internet yesterday (not an iHub board). From when these posts began in early April, fear and uncertainty have dropped the average daily CHDO volume over 66% for the period.
While I agree that internet posts probably have little or no effect on "serious investors", far too many "investors" in penny stocks like CHDO do not meet that criteria and thus are subject to bulletin board whiplash.
A little humor at Newey/Capstone's expense
Frequently "connotations" are lost in translation. There is a group of pictures from the Chinese site I mentioned that illustrate this.
I give you:
http://neweytech.blog.163.com/album/#m=1&aid=221359102&p=1
Yep, from now on the Newey operation will be linked in our minds to (ta-da) a Chinese Fire Drill
Enjoy!
RVD, There are more detailed pictures of Newey
products at another part of the site you referenced. See these:
http://neweytech.blog.163.com/album/#m=0&p=1
Note that there are two pages here and some pictures with English subtitles of Newey/Capstone? products. There is also one with the title of "Customer Visit" on page two. Click on this picture to open a whole album of the "customer visit" Click on the individual pictures in the album to enlarge.
Who are these people?
If MM's shorted to lower the CHDO price
you would see it at the end of the day on FINRA because the short interest would have to exceed the total share volume for the day and thus the "days to cover" would be greater than one. (This is admittedly oversimplified)
But of course this begs the question about why an MM would bother to do such a thing anyway on a stock trading at approximately .013 day in and day out?
Nope, even if the MM's had any desire whatsoever to screw around with such a low-priced, thinly traded stock, they would quickly abandon it to seek out juicer targets.
Hopefully the Conference Call will address CHDO SHORTING
It would be beneficial to all to put this matter to rest with an official statement.
Perhaps a Q&A inquiry will be required to trigger a response?
Have irrational claims of Shorting hurt CHDO?
Starting some five weeks ago there have been multiple posts on stock message boards claiming or alluding to malicious shorting of CHDO. The premise is that certain individual(s) are attempting to pressure the stock price down in order to buy "cheap" shares by shorting the stock.
Despite the technical flaws in such an argument, these posts through dint of sheer repetition may have accomplished the same purpose they were intended to counteract.
It appears that these "shorter" claims have augmented an already inherent distrust of the impotent CHDO stock price movements we've seen in recent weeks. The ensuing lack of confidence has resulted in a plummeting of the average daily volume over the past five weeks with zero trades on more than a few days.
Claims that a stock is being methodically shorted frightens potential investors!
In truth, there have been no short sales by any individual during the past six months. This is confirmed by both FINRA and NASDAQ.com
As of today: http://www.nasdaq.com/symbol/chdo/short-interest
Bid/Ask has fallen sharply to .0122/.0127
Last trade was at 1133Hrs when 16,000 shares went at .0127.
If anyone thinks that there is going to be some spectacular positive surprise announced this week, this would certainly be a good time to buy in.
Me? .......I'm holding.
Well Uranium, I still think it was "pretty"
What with those colorful included charts!
You raised an interesting point about a "surprise to the upside".
I know we were all disappointed in the performance of the stock following the year end release and I know that many of us blamed the absence of a "surprise" for it. The year end results had been too widely propagandized before the numbers were finally released.
This quarter there has been a relative dearth of news specific to current revenues. That could be because there ain't none, or more realistically because a lesson was learned about "premature elaboration".
So maybe we will see an unexpected, and positive, surprise this quarter? That would be nice!
That was an impressive analysis Uranium.
I think we are all pretty much in agreement that the record results of the 2011 1st quarter are going to be a tough act to follow.
Thanks for the correction Proptrader
I wasn't around back then but I did know that there was at least one other member who was privileged to see the dawn of civilization, or at least what passes for it on this board.
I too believe that eventually this stock will find its way, particularly if we can quickly put an end to some of the problems that RVD has so well categorized.
Conference call should be interesting regardless of the 10-Q results..
That was a hard-hitting post RVD
I admire your guts in posting it. I hope you won't mind if I furnish a little background for newer members of this board who may not know a lot of your history with this company.
RVD is one of the most, if not the most, senior of all of the posters on this board. He owned, and posted positively about, CHDT before there was a CHDT. (It was CBQ back then some ten years ago.) He knows this stock!
And his posts about the company have been probably at least 95% positive and encouraging.
Just in the past week RVD has widely distributed the information that Capstone products were seen on the shelf at Home Depot!
However my post here is not about the individual but rather about his expressed opinion, an opinion I heartily endorse and agree with. I do believe the opinion is fortified when it comes from one who has so long been in the trenches and yes, loyally waving the flag for many years.
It's hard to be more succinct than a long term shareholders raising the cry, "What's happened to my money?".
:
I'm guesstimating the 1st Quarter results to be:
Revenues of $967,000 with a Net Loss of $172,290
Two things to do this weekend
First: CALL MOM!......For those who no longer can, you have another chance this Sunday to recall those good days when you could.
Second: We haven't done this for a while so let's take a light-hearted stab at predicting the 1St quarter results to be released in the 10-Q this coming week on the 15th.
Please post two numbers to play. First of course is "Revenues" (gross) and the second is "Net Profit" Feel free to post these with or without a supporting analysis or commentary.
The corresponding numbers from the first quarter last year (2011) were Revenues $2,417,494 and Net Profit $107,118
Is there some confusion about this date?
A ZERO to close the week?
The excitement builds?
Thank Heaven for the pretty charts. Since they generally don't concern themselves with volume, at least in the moving averages, I guess we'll continue to believe the stock is actively trading at .013. And that's a healthy "trend" from when it was trading at .010. Except I seem to be having a little difficulty selling that entire concept to my friends and neighbors.
How about Y'all?
Saw Eco-i-Lites in Dunwoody Costco Store today
(For the Yankees among us, that's an upscale suburb of Atlanta, Y'all.)
And there's still time to submit individual questions
Individual questions sent directly to the company no later than this weekend still have time to be considered. As a matter of courtesy however, the sooner submitted the better.
Please do not direct your questions to Stewart Wallach. This is not an ego exercise so it is not necessary, nor efficient, to impose upon "Da Boss". Hopefully he is extremely busy accomplishing much more productive work for us shareholders. Many of the questions previously submitted could have been, and probably subsequently were, redirected to Gerry McClinton or Reid Goldstein.
So for efficient distribution of your queries the two primary contact persons are:
For Kei Advisors LLC
Deborah K. Pawlowski
dpawlowski@keiadvisors.com
For CHDTcorp
Jill Mohler
jmohler@chdtcorp.com
Today's volume was 138,591, down 5% from yesterday
(And yesterday wasn't good)
Closed today at the ever popular .013 which remains close to the on-again, off-again pivot point and was the low for the day. Most shares traded at .014.
Like watching grass grow?
On Winning The Bronze
There was wider publicity placement this morning of the news that Capstone had achieved a Bronze Award for an innovative product at the National Hardware Show in Vegas.
Although previously announced, today's PR seems to have been spread to a wider web of business news outlets.
Score one for Kei!
Of the low volume 146,084 Shares today
39% went at .0122
2% traded at .016
59% held at .014
The largest single trade was at .0122