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The seller got 450 million shares of MDIN. Get the picture yet.... if the pps keeps rising the seller get more then he was offered before.
Not hoping. Just estimating value.
PPS is far off from value right now. Finding situations like that is the best way to make money, in my opinion, as long as you have patience. I tell myself that if Warren Buffet has patience for his kind of investments, I can have some patience for mine.
Once PPS gets close to value, I'll be out of here.
I agree with you that this is a possible scenario:
I think some big company wanted to buy this patent and was not willing to pay what it was worth. Nick came across who the buyer was and made a deal with the two and Nick has the patent and will sell the company for a win win win for all. Jmo
Which 6 month chart are you looking at? We're up over 100% since 6 months ago!
The last pump paid by the company was almost 2 years ago.
PPS is up sharply since then, and has been holding at higher levels.
We have a long history here of backing up our claims with facts and details. To be persuasive, you need them.
Over 85% of today's volume is at yesterday's closing price, and the current bid is < 6% below that. Yes, there's support.
1 store is relocating to a better location.
This is all old news.
I question the use of the word "massive".
massive sell off down 17%
Actually, year-over-year revenue has been sharply up every quarter for the last 3 years or more. Where do you get the idea that revenue is dropping?
This is still a rapid growth company. There's not even a hint of dropping revenue.
Also the PPS is up more than 100% from this time 6 months ago.
Financials look strong. What do you see wrong there?
"Closing stores" you said, in plural. They're only closing one store, and they have plans to reopen it a short distance away, where they can get better rental rates.
So, the only thing you got right is "volume dropping", although the spelling isn't quite right on that.
Exactly right, and you can use the same kind of argument for Celprogen and Mr. Manzo that you used for Walgreens.
In fact, that case is even more convincing, as I explained here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89942283
SIGN #5 (of 5) that MDIN is NOT likely a scam:
This is the strongest, most reassuring reason.
The lactose intolerance patent. Think about things from the perspective of Celprogen, and Kenneth Manzo.
First, this shows the patent is real:
http://www.celprogen.com/image/data/Patent.pdf
and that Celprogen obtained it last fall:
http://www.businesswire.com/news/home/20120926006325/en/Celprogen-Obtained-Patent-US8236297B2-Method-Treating-Lactose
Then, this shows that MDIN got the exclusive license to use it:
http://www.prnewswire.com/news-releases/northstar-acquires-a-new-and-exciting-patent-license-in-a-multi-billion-dollar-industry-209327661.html
If the patent deal never happened, or if the terms of it weren't accurate, wouldn't Celprogen have responded to this PR by now, setting it straight? Given the terms of the PR, they'll have to declare themselves as major shareholders in MDIN, so if it's not true, they'll be very vocal about it.
So the patent license deal is real, and probably worth a lot, maybe enough to make MDIN a target of acquisition.
Now, HERE'S THE CLINCHER!
Again, think from the perspective of Celprogen and Kenneth Manzo.
If they thought MDIN's products/business might be a scam, wouldn't they have insisted on cash for this deal, instead of insisting on shares in the company, as they did?
Since they sold the rights for just shares, don't you think that during negotiatinos, they insisted on access to a firsthand, direct look at the company's operations and sales, etc., so they could be sure it was all legit and worth something, before agreeing to the deal?
Don't you think that Celprogen & Ken Manzo feel 100% sure that MDIN is legit, and not a scam?
These guys are smart and informed, so if it's good enough for them, it's good enough for me!
There isn’t an FTD on this security
So you're saying you'd give priority to responding to every last email you receive as CEO, over dealing with things that could be much more damaging to the reputation of the company?
Or do you think that responding to every email is more important to the reputation of the company?
I don't speculate on motive, I only trade/invest on facts and fundamentals that I read in fillings
I don't think any serious investor believes this can get anywhere near trips.
During last year's seasonal leggings slowdown, the stock bottomed out just below .0030, at a time when the trailing 12 months (TTM) revenue was .0030 after Q2. This was also at a time when there was uncertainty about the company's ability to grow.
This year's seasonal leggings slowdown will see the TTM at .0054 to .0055 after Q2, and with people understanding the annual cycle a little better, and with the prospects of VivaVuva turbo-charging the holiday season sales.
So, the absolute rock bottom anybody can reasonably argue is a PPS of .005, and that's only if sentiment turns as pessimistic as last year, which is unlikely, IMO.
I don't believe it will get anywhere close to .005, because of the positives mentioned above: better belief in the holiday boom, and better prospects with VivaVuva. I think .008s or .007s are the lowest we will see before holiday sales get people excited and drive us much higher.
Anyone talking trips is not basing that on any real analysis, IMO.
seekingalpha.com/instablog/2406831-shortracker/651241-naked-short-selling-is-killing-otc-companies
Seriously? If you were running a business, which would you give priority to?
Responding to emails from shareholders, or handling legal issues which could hurt the company?
Back many months ago, when Nick started talking about getting 2 years' worth of audited financials, I interpreted the timeframe as "most likely sometime in July, but we'll try aggressively to be done even earlier".
Last I checked we're still in July, so I don't consider the audited financials to be late yet.
Then there are the results for the quarter just ended, which I expect by Aug 15.
It's also not worth worrying about the chill. Not under their control. It happens when it happens. No expectations on when.
Product on shelves was supposed to happen June/July, and we're getting to the end of that. That's the only thing I'm eager to see more of right now.
He doesn't have time to respond to e-mails becuase he is "busy" but he has time to tweet fluff to explain why the SP is crumbling
Welcome, Jamming1.
I just want to point out to everyone that we are 2 different people, so that there is no confusion. I am without the "g".
Look at the first couple of weeks and the last couple of weeks of that chart.
Almost identical.
What comes next?
They also sell StemIntense on that South African site.
That one's ingredient list is closest to SnorEnz of any of the copycats I've seen.
Some of the others have very different ingredient lists. That one is almost exactly the same.
Success is imitated. Failure is not. SnorEnz is widely imitated.
I am not saying that's not what happened. In fact, I believe there's a good chance that you're right, and that that IS what happened.
I'm just wondering how, based on a list of buys and sells, you can tell FOR SURE that that's what really happened? Is it because the matching share amounts are too unlikely to be a coincidence?
Or, is there some other way you can tell, and be 100% sure?
If it were dilution, wouldn't we see much higher volume?
Recent volume is only about $15k per day. Back in February, at the same prices, the volume was twice as much. Current daily volume is less than 3% of the float, which is normal for a volatile stock (but would be high for a sleepy stock). If float were much higher from dilution, we'd expect to see volume in the 20M per day range, not 7M per day.
Alternately:
Low volume shakeout continues as price pattern continues to exactly mimick what happened in February before the previous rise to a penny. Anyone catching on yet??
The VNDM dumpage continues and the PPS continues to fall as the deadlines continue to pass with nothing done, anyone catching on yet??
Does Nick still reply to emails?
Ah, thanks for puttng it that way.
So, if I just think "Crazy Lemon", it'll be easy to remember.
So, "Viva" means "live", as in "long live ____".
So VivaVuva is "Long live the vuva".
Take that as you wish, but I like it better than "crazy lemon".
But Q2 numbers aren't out yet. Is this drop in anticipation of seasonal results?
Sorry, I misspoke. So far, it has been both a seasonal business and a seasonal stock.
If enough investors were aware that it's a seasonal business, then it would not be a seasonal stock.
The bigger it gets, the less seasonal the stock price will be, as more people will understand that a dropoff in revenue in Q2 is normal and expected and not a bad sign, unless it's a greater dropoff than in previous years.
I'll post an analysis based on Alexa numbers later (today or this week), comparing this year's dropoff to last year's.
There was an article last year analyzing the women's fashion industry which projected that leggings would outgrow the women's fashion industry in general for the next 5 to 10 years, at least. I'll try to find the link.
Essentially, they did not see it as a fad.
Here's a slightly older article (2011) which shows the huge size of the market, and some of the trends at that time:
http://www.apparelresources.com/next.asp?cod=arti&type=F&cat=9&msg=11647
Even if the leggings growth slows, it's still a huge market and BRAV has plenty of room to grow in it, and of course, VivaVuva is attacking a much larger market.
It's a seasonal stock. Smart investors know that.
The seasonal slowdown this Q2 has not been as bad as the seasonal slowdown last Q2 (in 2012) based on my analysis of Alexa numbers.
It's been almost the same percentage slowdown, but not quite as bad. However, the stock price has fallen much more than last year's seasonal dropoff.
It's as if investors are forgetting the seasonal effect, instead of learning from it. Or perhaps we just have too many new investors aboard, who don't yet know how the seasonality works not only for BRAV, but ANY retail stock.
The only people who are going to remember vivavuvo are the stock holders IMO
The path to success is lined with failures. The key is whether you stick with failures too long, or recognize them early and cut them short. Also, whether you recognize a winner and stick with it when it struggles at first.
This CEO has been great at adapting, trying new things, and running with what works. There are bound to be some failures that look like bad decisions in hindsight, but as long as those are minimized, and successes are maximized, you succeed in the end.
The path to success is almost never a straight line.
Find me a fortune 500 company press release where the CEO states that "some of the rumors are false and some are true"
It is also a fact that VNDM represents dilution
They can't even get it down to the previous lows of .0013 back in February, when there was a similar quick shakeout dip to the teens after a long time in the 20s, just before a big run up.
The selling pressure is small time, just a few thousand dollars a day are trading and it's only inching down very slowly.
With all the people saying they're bailing, you'd think there'd be more selling just from the weak hands. How is there any room left over for dilution?
Even non-scam companies do not give all details and full proof backing up every claim they make, every time they say something. A lack of details does not automatically mean a scam.
Sometimes details are given, sometimes they are not.
Recent MDIN buzz:
http://www.sbwire.com/press-releases/stocks-to-keep-your-eyes-on-tactical-air-defense-services-inc-otcmktstadftotal-apparel-group-otcmktstlagnorthstar-global-services-inc-otcmktsmdin-vendum-batteries-inc-otcmktsvndb-287955.htm
http://www.sbwire.com/press-releases/penny-stock-buzzers-northstar-global-services-incotcmktsmdin-technoconcepts-incotcmktstcps-oriens-travel-hoteotcmktsothm-vendum-batteries-incotcmktsvndb-288626.htm
This is not true:
Our LOWEST close in over 8 months, with VNDM selling UNLIMITED SHARES AT LOWER AND LOWER PRICES