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I agree Mike. They have been in startup mode for years now and did not want to show that expense outweighed revenue. This was a poka game they played that probably backfired over time.
Thanks Mike, I get it now
But how does Yaacov get to place the companies value at $50 Mill?
Wouldn't that be a function of a companys balance sheet, sales, and PERCEPTION ?
Richie... just getting around to reading all the posts today. Read your post very carefully , and decided I would like to buy your swamp land. I have been looking for a good spot to bury my ADZR, LBTN, CMKX, QBID, KLEG, and a few others where all their dear little diluted shares may RIP.
My take on todays PR? I am now convinced that Identa has never operated at a profit. If they did, we would all know that by now. What I think Shoham was trying to tell us today, is hold on because were about to turn a corner as momentum now builds. Kinda like a snowball that is rolling down from the top of the mountain. As it continues to roll down the hill, it will get bigger and faster until it becomes big enough to report in a PR without being embarassed.
I also observed that Identa says the operation is equipped to meet world wide demand. Some here have asked that question, and I specifically asked Jacobs in an e-mail but didn't received a reply to that one. I believe that was addressed today, not necessarily with any hard facts, but at least they make claim they can meet the demand, whatever that may be.
So pass me the deed to that Swamp Richie (I will tell you a little secret, I read in an IDTA PR that there is Oil on that land)
Vits
Mike... Could you explain this some. Why is the market cap 3.25M and why should it be 10X higher?
Thanks
JohnnyV
Sombody give the PPS a shot of adrenalin.......STAT ! Shes fading fast on good news. Oh the Humanity of it all !!!!
Thanks Mike.... maybe a little positive energy around here isn't such a bad thing after all !
Nothing to be concerned about. You can either cry in your beer or have a little fun with this once in a great while. I choose the latter.
The new TV show called DEA
premiers on Spike TV on Wednesday April 2 at 11:00 PM. I'm not sure if you guys overseas will be able to see it, but the attached link should bring you to a 10 minute sneak preview on what the show is about.
If we are lucky... real lucky... maybe Identa products will get mentioned !!! After all.... This show does premier at "the beginning of the second quarter of 2008"...... Right !!!
http://www.spike.com/episode/26482?startsWith=2954016
Ahh Yes Richie`..... Spring is in the air, the birds are nesting, flowers will soon be in full bloom, and the unmistakable aromatic smell of 2Q is now fills the land like the aroma of freshly printed money. Should it start to smell a little like BS come the end of June............... SELL
Tooooo Funny
JohnnyBoy will be filthy Rich at $5. I will be the first one to attend the Party in Tel Aviv, and you can bet on that ! I would like to meet up with all you crazies at some point. I'm sure that would be allot of fun...... Even more so at PPS anywhere from .50 to $5....... Thats what I like about you Woodie, if were gonna dream up some wacky dreams, we might as well do it Big Time !
I'm in Woodie..... 2Q 4 me 2
Mr. Shoham....... Your next move !
Hey Pamo.. Hoping our ship comes in soon, and your kit is on it as well !!!!
Vits
Aiming... The now famous 2Q statement was first mentioned in the 10/29/07 PR labeled "Progress report for US operations. Here is an excerpt:
"The partnership's first strategy has been to focus on targeting law enforcement agencies. In the past six months the numbers of these new customers and sales are growing rapidly. Therefore we expect to announce the annualized sales figures will be released early in the second quarter of 2008," continued Shoham.
The above paragraph now coined as "2Q", has left many sitting at the edge of their seat waiting for the other shoe to drop, hopefully size 13 and full of Cash. That little paragraph above has inspired great poetry, as well as great expectations of untold sales and revenue just pouring in from around the globe. And the best thing is.... 2Q begins next Tuesday !
Not too much pressure on Identa.... Eah ! (or however the Canadians sat that)
Your right... I wasn't looking at it from that angle. I would think tho, that those who do this for a living are sophisticated enough to know if the stuff is real or not. I See that in the movies all the time when they taste it and spit it out. What I am not sure about, is if the stinger tests can tell you the quality of the drug. They seem to only give a reading of positive of negative. I see your point tho. The kids might find a use for such tests. Lets hope thats just a very small percentage of the market.
Pamos kit should arrive sometime in 2Q, along with the rest of the missing stuff. Not quite sure I follow why the crooks would like the Drug kits, unless they want to see what their own kids are up to.
Richie... All possibilities for sure !
What you have done is summarized and paraphrased many PRs previously released. Many of your points have either actually been mentioned, or alluded to in PRs past. Thats the baffling part about all of this. We could be sitting on a Volcano ready to blow, or if the sales $$$ are not there to back all of this up, it could be a great Big Fart.
Actually..... I believe the biggest and most important event that will occur in 2008, is Pamo will finally receive his sample kit in the mail.... of course it will be delivered COD plus shipping and handling.
All this waiting and anticipation is nerve racking, but also exciting in a strange way if you believe the outcome will be good. I just watched the movie American Gangster. If you haven't seen it, I highly recommend it to all on this board. It deals with Drug trafficing in the 60s. It made me realize just how disgusting and dangerous the whole drug trade is. There is truly an element of danger in what Mr. Shoham is doing, which is playing a big part in taking on the drug lords and organized crime. I am sure he is a courageous man and I commend him for what he is doing to help make the world a better place.
OK... If were going to play make believe, here I go:
Shoham buys back all shares except form the posters on IHUB & RB
Identa Retires all shares bought back.
World Leaders announce Identa Kits are the only reliable tests on the planet for the War on Drugs and Bomb detection.
Massive World wide marketing campaign follows with continuous commercials on TV shows like CSI, Cold Case, and re-runs of Happy Days and Angela Lansbury's Murder She wrote.
Demand becomes overwhelming !!! Identa merges with Walmart to create Mega Stores to sell the products, which can't be kept on the shelves fast enough.
PPS Skyrockets to .02 as promised. Shareholder expectations soar as CEO promises to release financial information next year!
CEO relinquishes his covereted spot to his new successor, Keith Richards, who brings a whole new understanding as to why Identa Drug kits are so vital in todays world.
Hey.... you said keep it real, so I didn't let my imagination get carried away !!!
All my very warped and humble opinion.
Slijb- Some of that hit too close to home !
Thanks for the laugh!
Ya know,,,, your logic makes sense. who in the know would want to load up if there was a chance that "the awful thing" could happen. Unless its Mr. Shoham buying. Hey....... I can dream can't I ?
Man..11.3 Mil shares traded today. Someone wants to sell and someone sure is buying. Question is.... Who?
I traded an e-mail with Randy early February. I believe I mentioned that on the board.
Why do you ask?
Orange.....
The best thing the CEO can tell us that he swears on a stack of bibles Alliance wont sell any more shares. Thats as good as alisting promise.
I would think any older news provided has a shelf like. This could be outdated news by now and situations may be different.
Thats the kinda news I am hoping for !!!!! Lets face it, we have been getting stroked about good news to come from all written correspondence coming from this company. The letter to the loyal shareholders cannot be disputed in its content. It is now time to deliver !!!
Rock.... Its just my way of saying I hope its something good based on the expectations Identa has set for 2Q. I can't imagine why the PDF isn't up there yet, but all eyes will be on that site until it is.
I really couldn't say. I went back to that Florida SEC sight and saw amendments ranging from address changes to someone demanding that he is not a board member and should be removed from such records. I am just hoping for something good since we grow near to Mr. Shohams predicted time of good things to come. If this turns out to be an increase in A/S, it will speak volumes as to what the real story is, at least up to current date.
I guess I just need to be reminded every now and then that investing in Pink Sheet stocks is highly speculative. Everyone proceeds at your own risk. Thats about as reassuring as it gets until the company starts to report on its financial position. On a brighter note, at least its law enforcement and governmental agencies that are interested in the products. Seems to provide some credibility to the company.
Oye
Hopefully this new amendment will tie in with the 2Q Party we have been all dressed up and waiting for. If not......... Its gonna get intense around here.
OK... Seems like I opened up this big can of turd.... so I want to put the lid back on it. God only knows what the people at Identa want to do with this company going forward, so I apologize for even bringing up such a highly speculative topic like RS and causing such a stir. Let me refraise my question. Most of us here have held a position in this company for years now. Does anybody think its a good idea to add more to ones position RIGHT NOW, pending anticipated news? I know thats a personnel question that each must ask himself, especially me, but many here come from different and interesting places with their own perspective as to whats going on and what can potentially happen over the next 12 months. So I'm wondering if anyone feels they have connected some of the dots, or at least a few of them to see where we might be 1 year from today.
Vits
I Know you meant "a Freaking Split" anyway. Regardless... For all the Pink crap I invested in, everytime there was a R/S I lost. Over time, the price always seems to gravitate back down to the pre split PPS. Just don't want to throw money away right now if this is a possibility. (And I do stress possibility because I haven't a clue if this is in Shohams grand sceme of things). Like you said, Great news would move us forward, promises of good things to come will hurt because most here are sceptical while waiting for the long awaited financials.
Richie, when you say F/S
Do you mean Forward Split? What would that accomplish since that only creates more shares? I like the idea of a buy back tho !
Vits
Woody.... What are the chances of a RS if we elevate to a new exchange? Some say a RS is unlikely at the present time. Is it more of a function of the float rather than the O/S that would make Identa consider this as an option? Personally I would rather not see one unless Identa can simultaneously deliver real and positive financial news that would create demand and drive the PPS up.
All opinions welcome !!! Trying to decide if I want to buy more at these prices, but reluctant based on the unknown.
That would be
JohnnyIc......... Haven't seem him on RB for quite some time. The Identa RB board has been very quiet.
Disclaimer.... Of course I'm just joking here. McDonalds would have no need for drug detection kits...... unless IDTA can come up with a cholesterol detector kit.
Heard McDonalds wants to buy us. Stinger kits will be the free prize in the Kiddie meal. Were should be up to 2 cents on that!
Lets throw out some real bad news and see what happens !!! All Financial sales results to be posted for shareholders in 2Q....................... 2010.
That should get us to a penny !
I'm ready to party Woodie !!! Once we see a little profit here.
2Q is just around the corner so lets see if Yaacov delivers on the goods. If not.... Gonna start writing bad poetry again. Lets hope I never have to do that.
Vits
All the pieces of the puzzle seem to be coming together. Lets hope the finished picture looks something like this:
$$$$$$$$$$
$$$$$$$$$$
$$$$$$$$$$
$$$$$$$$$$
$$$$$$$$$$
Looks to me like the Drug smugglers from South America use ports in Africa as a means to get drugs into Europe. But true, this could be better clarified.
Orange.... I do believe perception does drive the direction of PPS and these boards can influence price. Almost all brokers will tell you to stay away from Pinks, some will even make you sign a waiver stating you are proceeding at your own risk before they will make the trade for you. We are all here because at some point we heard something good about the product and its potential, and like you say, maybe that came from a friend or family, however I would add .... a consensus of positive opinions from one of these boards can allure many. Thats what brought me here. Generally... If a stock is being trashed on the boards, it shows a lack of confidence in the investment, and you can see a direct correlation in the PPS. Red Stop signs don't help either, but Sales projections and rumors of Sales will be our engine moving forward now, until we get out hands on the elusive Income Statement. Once all is actually confirmed, we should move ahead Big Time and fast.
Thanks for sharing that Mike. I think we have turned a corner with brighter days ahead !!!!
One sale will lead to others. This is all good stuff. Probably not fast enough for us longs sitting around playing cards, but I am very encouraged with todays news. $1 Mill projected in France plus ???? for 20 or so other countries. We may be growing gray waiting here, but just might end up with a nice nest egg.
In My Very Humble Opinion