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Good point. Forgot about that. That is a very desirable arrangement, they get royalties without manufacturing cosst of sales. I like it!
What is often overlooked is the burn rate. How much they lose in every quarter: Overhead, salaries, research and development, etc.
These can be calculated based on historical experience.
What is harder to factor in the numbers is what the cost of sales will be for the larger orders. Cost of sales will rise greatly from current levels.
Projections will not be accurate until these factors are known and taken into consideration.
Follow the yellow brick ascending trend line road. Chart looking good.
Oz gonna see higher share price in toto.
It could have if they only posted a picture of the lab on their website.
64K question
What is the worst performing stock in my portfolio?
You will never guess.
I know we will be home free when then Pr tomorrow the most important thing
that the lab has a fully functional bathroom.
Then we will be good to go!
its got the runs now. But it now before they are de-listed, then you won't be able to buy it anymore, so you better buy it now if you want to make millions, Fins out tomorrow!!
JBZY-Just Bought Zero Yuan
Taking on water fast. Maybe they can make a car that floats!
nice to know. This has got to take off next week The news is out and its still less than 3 cents. I probably will buy another 10k at these prices, but we have to have an up day Monday.
Point of clarification-
License agreement effectual,? only "preliminary", contingent upon government reimburesement? Is that what there are saying? or is it they have an actual licensing agreement only it is "peliminary" in that it has yet to be formally completed and signed. and government reimbursement is not a factor but would be a nice development
That is my only concern.
Sure sounds like its a done deal. but there is that crack of ambiguity.
If deal actual and legit, price action manipulated to keep it this low.
when you load the boat, the boat sinks and you drown.
this may give them the needed cash flow to follow through with talks with FDA.
20 mil shares at 3 cents would make market cap at 600k where is the 5-7 mil. coming from?
can never trust broker stats-scottrade have O/s at 3.6 mil for a maket cap of 170K!
20 mil puts market cap at 800k
this stock should be in the 20- 25 cent range
SOLD, FOLD, and got GOLD.
bought yesterday. Also going to buy 2 annual passes. They are going to sell a lot, its a great Christmas gift
I cant but fear the possibility that KT is not doing show and tell cuz he aint got anything to show.
Based on the ridiculously long amount of time to come up with just a few swatches of cloth, and then failing on that and blaming the reeler, (or was it the quality or the inequality of the silk to be reeled) in fact
are we sure they have been sent?
It's always been about the ability to produce in commercial quantities and on that they have remained silent.
If he indeed has something to show and is not doing it then there is the fodder for his well deserved "F".
take your profit and run while you can. This is a scam. Better opportunities out there where the odds are way better
yeah, just dont sell, hang on till it goes to zero and you wont lose any money. right. Good one.
Over the next 60 days the Company plans to hire additional research staff to support this role as the Company rapidly ramps up development of new and stronger transgenics and polymers.
Where have we heard those words before?
Sounds like they are scrambling to come up with something the Army wants.
Wonder who is going to pay this additional staff.
and that makes us poor. Some people can not grasp the concept that when the stock price goes down, you have LESS money.
excellent job of getting the stock price lower. Have you looked at it today?
Breakthrough technology!!!. First time lipstick put on a pig with photoshop!!!
good guess
saw the increase, however, outstanding shares did not increase-
what must have happened is some restricted shares are no longer restricted and are now part of the float.
D. Would say fails but he conceals everything so you don't know what the f#$% is going on.
numbers from ad may be off, expectations are not. What are they paying this person? More than 60K? less than $60K?
Does this person have extensive gene spilcing experience with zinc finger or crisp technology?
Yes you are right to point that out and what employees were they talking about as they show zero employees, and the stock ticker hadn't been changed yet AND the stock option EXPIRED in July of 2017.
Longs here still think Bernie Madoff is a good guy.
cash is an asset. It is commonly referred to as a "current asset."
unsubstantiated assertion, mere opinion unsupported by fact.
not correct. The statement filed ending 9-3-17 shows paid in capital of 23.5 mil. That is an asset transfer.
Liabilities exceeded 20 mil. After the asset transfer of 23 mil., equity in the company is less than 3 mil.!
Less than 3 mil. in equity for a company with 800 mil shares out which will eventually be 2.3 billion or more after Wang exercises his convertible preferred.shares. Factoring in their burn rate and there may currently may be little or no equity in this security.
That 54 mil. is Huge! reduces the float by 8 percent, 2 percent if you cipher in Wangs convertible into common,
Jb&zjmy Holding the Bag Company, Inc.
if Wang converts his preferred to common, O/S will zoom to 2.3 plus billion shares, from 780 mil. Stock then drops to .0133 cents to reflect the dilution.
Kudos to those who withstood ridicule to warn unknown strangers of the scam risk. More Kudos to those who listened.
how many shares does Oravec own? Zero, because he knows it is a zero company. Do your DD and you will see. Better yet ask him yourself, but you won't because you don't want to hear the answer.
Totally false. They had 8 months to do any asset transfer, and could have done financials right after the transfer.
So Wang is artificially keeping the stock price down? I didn't know he could do that! Good for him he can manipulate it down till he's ready for it to go up. YOU are so smart. Now I know why its going down. You guys have really done your DD!
Obviously they didn't take Ponzi Scheme Accounting 101.
Scams only work with tunnel vision people who can't see photo shopping. This is not a scam. Someone please pass me my glasses.
Why would they do a scam? why would they take our money? why do they need to raise capital from us when they are billionaires?
Why would they take the greatest battery company ever and give it to us for pennies on the dollar?
Why is the price going down? MM need to get more cheap shares!
Fins are coming soon, any day now! I know this because a lot of posters who have done their dd have said so.
now trading at bid .0436