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Yeah, a pinky breaking the law...huh
Hey, at least they have meetings to discuss the share structure, and call their "biggest shareholders" and ask them if an r/s is ok. That takes some effort. BUT to do an interview last October stating that their Thailand deal may be the biggest deal in the credit card industry for the year, and then to say absolutely nothing about it. Not to mention, they promised a company update quarterly, and all we get is this r/s non-sense over the course of a year, does seem like abondonment to me. I do think that they are buying back the shares, and pissing off investors to encourage them to sell. That's the only explanation I have. Any time a company thinks its building value by fiddling with the share structure rather than building a business...I see red flags!!!
I personally think insiders are buying back the stock. Who else would buy such big blocks at such strong prices without knowing something? They already own a huge percentage of it, and why not buy it all back if you know there are prospects for the future? Who knows?
True, but the other side of it is that someone has been buying up those big blocks...right? Unusual for sure.
Its only $12,400. Someone needs to pony up !
Can't disagree with most of that. None of us knows where we are at on the roller coaster ride at this point.
King, I agree it has been "irregular," compared to what we have seen over the past few years. On the other hand, several million shares over a number of weeks is more than a "head fake," as someone feels very confident at these levels, obviously. At the end of the day, and over a few weeks, the SP doesn't lie.
Who sells at 5.5 when there is such strong buying at 9? Very strange!
Totally agree. In several years of owning this stock, this is the most confident I have felt. Anyone know what is left of the 9's?
We've got to be getting close to the magic number. What's going to happen when they come out with more news? My theory is that this is a set-up for big PR's. Definitely makes it more fun to watch !
I'm happy : )
Pinksheets says there are 99 shareholders, but I think its said that for 4 years or so! Do wish there was another forum as well.
This PR shows a long-term commitment to growth. Glad I am on board.
So glad they are spending money on building a company rather than baaZZZinGAAAAAAAA. In time smart investors will see the value, rather than day-traders trying to make a quick buck based on fluff posts. There are lots of other stocks that exist only for that purpose. Glad smkg isn't one of them.
Yeah, that was BIG. 831k at 7. Very nice.
Are we due for a quarterly update...one of these quarters?
Maybe someone knows something ...
Yes, I agree. Would think we are about due for the quarterly update that was promised last summer/fall. Would love to see this build slowly and steadily based on information rather than emotion and has happened in the past. Thanks "Fan," nice to have some common sense on the board.
Thank You!
I love to see strength without a paid promo.
Glad I picked up lots more. Good to see some activity, and
the longs consolidating again.
Totally agree with that. And in this climate, it is not necessarily easy to get financing of any kind. Someone liked what they saw of SMKG, and their ability to pay back on a loan.
I think anytime a company borrows money, it is seen as a negative by the market, even though in this case, it should help the company fulfill its contracts. Also, we haven't really had an update in a while. Sorry, but I've been increasing at the expense of other's lack in patience.
Let me roll over and ask Max what's goin' on.
Don't remember that news release.
Examples? I just don't like people making up stuff.
So you obviously can't come up with anything he promised!
Brilliance.
No, I own a jewelry store at Lake Tahoe. So, tell me one thing he has promised in his news releases, or are you just spouting crap like the rest of the bashers? The fact that he hasn't promised anything should tell you something.
Tell me one thing that he has promised.
As you stated in your previous post "No further comment needed."
Let's stick with that.
such a loss. your posts were always so informative. tough loss for the board.
Thanks again, very helpful!
yes, hilarious, I would assume that if the company was in the black and making money, it would be worthy of a press release, but since they probably aren't, why spend the money on a PR and filings just to tell you they aren't??? Posters on this board have lots of creative ways to piss away the company's money. Glad they don't listen.
People get pissed with all the promises of 2cents 5 cents 10 cents within the next week or month, and then somehow it doesn't happen. Having a contract is not the same as making money, and its not gonna move significantly until those contracts start producing...sorry takes time.
No I am not joking. 3 years is not enough time to get an international company into the black and making money. Try it sometime. Here is a status update on the company...its still in the red, spending more money than it is making, and the contracts it has produced over the past couple years have not produced any money yet. Probably like most of the Fortune 500 companies when they were first starting out. Why should they spend money to tell us that they still aren't making money? What I can tell you is that it still seems like a viable company after 3 years of watching it. But its a risk. I don't know who you are, but you seem to be like the rest of the bi-polar posters who love the company one day, hate it the next, sold all your shares, then have 5 million. What I can say is that if the posters on THIS board don't like what the company is doing, I'm gonna buy more shares!
IR is too generous..I meant pump and dump.
So you are hammering a company based on rumors that you heard from posters on THIS board. OMG. A company you say you have 5 million shares in? And no, 3 years is not enough time to build an international company. And no, its not about getting a stock price to move...ITS ABOUT BUILDING A COMPANY! You IR people are so transparent.
Could you imagine trying to run a company while trying to answer the questions from posters on this board? Talk about wasting your time. umm wen r wee gonaa seee a bazinga frum thiis stok? Can u paid mee fer promtoting yor stoc pleez...20 sents by negxt week. Im glad they have no time for these people, and certainly no money for them.
Well, you have stated that they didn't pay the promo people any money, so they didn't waste any money there! Which would have been a complete waste. Read my previous posts. The SP would have been where it is now anyways. ITS A SMALL COMPANY TRYING TO BUILD A BASE. How much money can they throw at ridiculous IR campaigns rather than building their business? There is a limited amount of money available, and they haven't split the stock nor do they have hundreds of millions in outstanding shares like most of the other stocks that get promoted here. We haven't gotten rich yet, but stating that the company is stupid when they have signed some pretty amazing contracts doesn't really help anything. Of course thats what promo people do. The stock is great when there is a chance they might get paid to promote it, then its a piece of crap as soon as they don't. DOES ANYONE UNDERSTAND FUNDAMENTALS ON THIS BOARD, OR IS EVERYTHING ABOUT GETTING RICH NEXT WEEK??? Ridiculous. Yep patience is gone for the people who post here. Enjoy your circle jerk.
Not to mention, if they didn't get paid last time...they got about what they were worth. Perhaps if they took a couple classes in finance/investments, and an English class or two, they might have something to contribute.