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when you dump this many shares into the market the PPS will always be repressed!!! When it is finished, or the players involved know the majority is done, it has to return to more normalized levels!! I believe we are about to see a 5 to 10 cent share price this week, but that is JMHO!!
maestro
GL2U and everyone involved here that took a risk!!
; 0 )
Hi!!!
I am here?? what do you mean here!! I post once a day on this site and only this site, and up till last week I was a shareholder of 35,000 shares!!!! I currently have no position as 25 cents was beyond too rich for this company on a go forward basis!!! I am still here with buy order at 0.04 - 0.06 cents which I believe is fair value for this company, and is a potential double in 12 to 18 months!! If I get it on a quiet day in the summer when this thing wilts on the vine with absolutely no volume GREAT!!! If not plenty of other plays out there!! This is never going to be an exciting stock since accounting is about as boring as it gets, and with management owning 96% of the company it is barely a public stock anyways!!!
Just remember if it hits 0.04 on volume, you know who got some!!
have a great summer see you in September!!
last post here till then!!
and yes you are proven wrong again, so plese do not bother responding!!! they know already you sold out too!!
Thanks disco,
I appreciate the comment, but the truth is there was something to be excited about here when there was only 4.4MM shares outstanding, and the company owed the CEO $1.2MM in debt!!! The potential upside here was very large as long as they became profitable and started to grow sales again after the recession. Unfortunately, we made a massive judgement error, in that most assummed that Mark would take a similar deal as Jerome Mahoney, or if nothing else take a fair number of shares!! Instead he clearly converted at a PPS that was never representative of the value of this company, and only came about as a result of the lack of liquidity!!! There is not one person that can Justify that for 8 years of part time work the CEO of this company should have $12,000,000 in stock when he was owed $1,200,000.
There is clearly no upside, and anyone holding out for presplit prices is foolish since 0.0002 = 0.3622 would be a $40,000,000 Mcap!! This company is not going to be worth $40MM in 5 years!! and the people holding 96% do not care either since they got a 10 Bagger locked and loaded!!
Good Luck on Future Trades, Plenty of other fish in the sea!!! I have Buy orders back in at 4 cents here!! If they never fill WHO CARES!! glad I am done!!
anyone else notice that on the VRNG news tab, they have the COIN conference call listed??
WEIRD!!
diluting is finished this Thursday IMHO!!
Please no pumping, just pray you bought the bottom here, cause if you did, this will be a great year investment long term!!
http://www.americanbulls.com/StockPage.asp?CompanyTicker=COIN&MarketTicker=OTC&Typ=S
I bet I am not the only one that knows Ed is going to tell us teh diluting is over this Thursday!!!!
10 Bagger this week!!!
MARK IT!!
Do you think the guy diluting this stock do not know the real value when the debt is gone??? Ever thought about the fact that they may actually keep some of it for themselves at the end!!!
; 0 )
Smart trading strategy now is to swing trade every pump and hold your free shares!! I do, I mean I did!! Realoding again and again and again!! worst case I get stuck with 1,000,000 free shares!! best case i make $250,000 when this POS clear up this diluting!!
GLA!!
see you in a month at 5 cents!!
Morning All, to start Hedge I have been asking for a conference call for 4 years now, when I had $60,000 invested here and it looked like a turn around was coming!! Then a small recession hit in 2008!! LOL
Now lets look at this latest deal at $115,000 which is small for X3. This would have been nice news when the Mcap was 2 to 4 milllion, but today at $21MM Mcap this sale represents 2 days worth of revenues!!! If we get one like this a week it will be very bullish, but past experience tells me that we will not hear another word till May 15th now, and this will slowly bleed back to 4 to 6 cents!! others think the same, but they will not tell you to your face, instead they just sell at 22.4 cents and put buys back at 6!!
I have one more serious issue with the timing of this NR!!! really two days after 10K came out!! really like they didn't know about this 2 days ago!!! Looks like an attempt to build MOMO here, which is never a good thing for long term investors like yourselves!!
Have a Great Day and GL2U
maestro
Please note that this is all just my opinion, and you should do what you think yourself, but I am betting by the end of this month this thing is at 5 cents!!! With this volume today the debt should be all but wiped out in time for spring season!! Please not I have 1.5 Million shares at acb 0.0117 so I am a bit biased!!
Heading for new highs today this volume is unsustainable, and I guess everyone has now firgured out the The company has made more than the previos debt in the last few weeks on the stock deal they did!!!
I am holding these 1.5MM shares for my children in an education fund now!
GLA!
College is basically paid for!!
I am done!!
See you on the otherside of this 30 BAGGER!!
On this we agree!! This is not an exciting penny stock play that is gonna change the world or anything. It is about as boring a business as you can get!! ACCOUNTING SOFTWARE!! So if we look at this as an investment with no hype of a penny stock, FMV for 2012 if they deliver is about 15 cents!!! That being said, I would be a buyer at 4 - 6 cents again, and a seller at 20 - 25 cents!!
GL2U maestro
Alright here is my next 100% unbiased factual post that is soon to be deleted for reason unknown to anyone!!!
For staters the earnings report was an unmidigated disaster, and I can tell from the tone of Detective he wishes he had sold more yesterday like myself, cause the bottom is likely to fall out now!!! So first, lets address the 800lb gorilla in the room!!! You know the out and out lie from the now deleted web interview where is was clearly stated that approximately $800K of earnings from operations was generated you know operating profit!! The thing that matters most Well did we not fall a we bit short?? $260,057!!!! 800K was the number we all used to figure 15 to 20 cents on PPS!!
Det and I both calculated that sales next year 16.5MM with me at 1.5MM OP and him at 2MM OP, but the real truth looks like maybe $350 to $400K. Given a massive multiple of 20!!! this company is now worth what on a go forward basis in 2012??
$400 x 20 = $8,000,000/116MM shares = 6.9 cents next year!!! OPPS!!! NOT GOOD!! Hey maybe ask the CEO on the annual conference call what happened!!!
Here are a couple of other issues I have!! I always knew MM would take 51% control minimum, and he now has 76MM shares I believe from memory!!! So where are these 116MM shares cuse the float we baggies have is 4.5MM. ANYONE!! <<que chirping chrickets>>
The great news is that most people are too dumb to figure out the company never really made 58 cents, or even 2 cents last year fully diluted!! in fact they made more like $0.00225 x 20 multiple = $0.045 this year!!!
So the answer my friends is 4.5 cents (2011) & 6.9 cents (2012) so in 2015 we should be worth current PPS!!!
Keep in mind this improvement was EPIC!!!!! and so was the 2000% diluting after the R/S that turned great numbers into nothing!!
Great job see you all in 2015!!
maestro
Hey buddy, enjoy the sun and fun!!! I love Turks and Caicos, so much that my wife looked into it as a possible retirement place, even though I still have 25 years to go. As far as SSNT goes, this might be a bit of a turn around, but I think it has a long way to go before we ever get back in the black here. Yesterdays volume seems great until you realize that it is only 250MM pre-split!! remember when we used to do 600MM in a day and the stock jumped 400%, that was fun!! As long as the insiders hold 96% plus of this company and the float remains at 4.5MM = $600K, the only person who is gonna get rich on this stock is you know who!!
One other thing to keep in mind this looks like a well organized promotion campaign here!! I guess that is what $25K gets you for 90 days work! A bunch of newbies with no clue about the current outstanding share structure screaming that it is undervalued, and worse DRT now excepts stupid mindless pumping since he loaded the boat at 3 cents!!!! Funny how people such a holier than thou person can turn coat so quickly when there is money to be made!!
Enjoy your trip, and like in a few days this board will be dead and the PPS back to 3-4 cents!!
maestro
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Well with a projected $16.5MM in annualized sales with a potential earnings of $1.2 - 1.5MM this company is probably fairly valued at $0.15 to 0.25 cents. Now I wanna see how we are paying for this company??? non-dilutive ok, is it commissions for a few years??, did Mark use some of his 105MM shares he diluted to buy this, if so dilutive indeed!!!
This is all good, but the truth is unless the stock reacts very positively to this news and more aquisitions and growth, I make absolutely nothing holding here!! I would expect little to no movement today again!!
GLA
maestro
lets hope the phones are ringing off the hook from this news!!
http://www.swktech.com/newsevents/latest-news/hightower-customer-and-reseller-sage-support-will-continue-through-swk
EPIC NEWS OUT!!! I am looking into revenue impact for SWK!!! Lets hope we get an announcememt tomorrow!!
http://www.bobscottsinsights.com/technology-news/1886-hightower-end-looming.html
http://www.hightowerinc.com/
http://erplife.com/2012/03/20/erp-var-hightower-inc-reportedly-closes-for-undetermined-period-of-time/
Hey Det, I actually believe they will file tomorrow, but the filing is not likely the driver here!! We already know it is $10.5MM in sales $800K earnings 116MM outstanding shares, zero debt!!! What we are looking forward to is the Q1-12 numbers due next month, and the announcement of the first of three large aquistions this year!!
Don't you think that the shareholders here are at least gonna want to break even at 18.11 cents to 54.33 cents, and the managment that stole the company for pennies on the dollar are gonna want to PUMP IT UP NOW!! just look at the nonesense on QS board!!! That is what you get for $25K!!! then we are owed millions for our work here the past 4 years!!
why is no one selling under 20 cents now??
Wondering if the $25K we gave QS is being used to buy stock as part of a PUMP and DUMP!!
http://www.qualitystocks.net/messageboard/viewtopic.php?f=9&t=22677
There is no way these are real people!!!! Do they not seem like robots that are just pushing an agenda? I mean not one mentions the CEO idea of forgiving debt is converting it at the lowest possible manipulated point, and diluting the existing shareholders into oblivion!!! 8 Billion to 210 Billion outstanding shares!!
Oh and the guy who said that only 1% per quarter well lets look at that for a second!!! 1,050,000/60 trading days = 17,500 per day!! Is that not more than the average volume of this garbage???? in fact at 4.2MM per year the CEO can sell the entire float annually which means he controls the stock price like he has for the past 9 years!!!
Any pump sell hard!
VERY HARD!!
You guys might wanna have a look at these posts!!! they seem like robots, not real posts from people who understand the company or the business!! This QS board is laughable!! I guess this is what you get for $25,000 for 90 days!! If so I am owned like $500,000 for the last 5 years of pure genious posting!!
Am I correct or am I correct here!! Even Detective can give me a little credit here!!
GLA!!
maestro
http://www.qualitystocks.net/messageboard/viewtopic.php?f=9&t=22677
So who is gonna be ticked off if they start selling shares at 50 cents and we can not get involved??? Please raise your hands!!! You know these crooks are gonna take advantage of the situation here!! I just tried selling 5000 at 0.49 and it was cancelled by my broker!!
Det I think the Common A to Common has to do with the fact this is wholly owned again!! oh and waht about the R/S to aoid confussion!! standard 20 days, but these guys took 4 months!!
One more thing 116MM x 1811 = 210 Billion!! I was pointing out the shares have increase 800% since we took an initial position back in 2008!! not much upside as a result
GLA!!
maestro
Hey buddy, long time no talk!!! I am not sure why anyone would buy this period!!!! I can not see how this could ever go up significantly based on the type of business they are in, and how many shares hey have and will continue to float!! When we bought this there was 3.5 Billion shares outstanding!! now 210 Billion!! Who dilutes all the shareholdr outta a company and then has the audacity to use the word shareholder value in a NR??
NO ONE WILL EVER TOUCH THIS THING!!
Hope all is well with you
maestro
HERE COMES THE TANKING!!!!
GO BABY GO!!
I guess a bankruptcy Filing is Next here!!
never seen this little interest in this company!!!
Fat lady warming up here me thinks!!
Wow I can not believe you guys are getting excited about this stock trading $1000!!! I guess that is what it has come to here!!!
at that rate it would take like 16 years to trade the entire outsanding shares here!!!!
With an Mcap balloning to $5MM now based on INSANE diluting the upside here is gone!!! There is nothing this company can do to increase the share price!!! Detective Robert Thorne is 100% correct the top end is around 10 cents or a P/S of 1!! or a P/E of 10 to 20!!
This one is TOAST!! Glad I moved on and put my money to work elsewhere!! I still have 35,000 shares that I will likely keep forever as a reminder of what not to invest in!!
GLA!!
maestro
Wow Monday is March 12th already and not a single contract, stock option plan or aquisition to speak off!!!! I guess these guys are waiting till Christmas again!!
Shareholder Value?!! More like Shareholders Devalued here!
Very Sad
maestro
These guys need to DUMP faster!! before the stock is sub penny!! please get at least 10 cent for another 10 Million shares or we are BANKRUPT!!
TIA
maestro
Single Digits!!! and likely Sub Penny Next Week!!!
Go baby Go!!
It can not be regarding the Pharamsphere sale yet casue COIN has a Gag order in place until all the debt is converted!! at the cuurent rate it will be another month at least!
This is why the company has a gag order in place!!! question I have is how much more of the $2MM will the convert! I think they are getting a BIG CHUNK from MNJA, and that news should break when they are finished!! could be another $1M or more beofr we are done at 0.25 on average, I am banking on 4MM more shares for a total of 5MM shares and Debt free!!, with loan in place for 2012, and overheads down to NIL!!
Looks good to me!
maestro
20120305|COIND|38518|0|123105|O
20120306|COIND|23899|0|309488|O
Yes I have 1 share for 500!!! and they are worth 500 times what hey were worth Friday!! Seriously WTF is scared of this R/S! the company has an Mcap of 600K, and a couple of million in debt!! well at least until they announce the CASH infussion from the selling of Pharmasphere!!
70 cents at the open, not likely!! but I bet it is $3 this summer and it uplists back to the NASDAQ
Seriousl worst case senario here is that the shares jump to 3,000,000 and the debt is gone!! still under a P/S of 1!!!
Rookies stop telling me how to make money! I could own ths entire board 100 times over, all selfmade too!!
maestro of COIND!!
why would you pay $0.025 for this thing?? your never gonna be able to sell it, cause the company have eroded every bit of shareholder value here!! with only a few million shares in the float, it will never move!! March 5, 2012, and still not a word from the head hontcho!!
Save your money
maestro
Any Idea why one would go do an online interview and talk about all the great things that have happened and all the great stuff coming down the pipe, including Three not two but Three Large aquisitions this year. Then not follow-up with even the slightest peice of news, contract, aquisition, earnings........
Why would someone do this, and exactly how is this increase shareholder value after diluting the company from 8 Billion shares to 1811 x 116MM = 210 Billion during a r/s which basically eliminate all the existing shareholders.
Anyone have any ideas why someone would do such a thing?? ANYONE!!
I am all ears!!
maestro
What was really important for shareholder to know is that if you were loading the boat at 2.5 cents the past month you make 300% return on your money this week!!!! That is the only thing that is important to know!!! Oh that and we are going back to a penny now!!
maestro
The last r/s was a disaster cause the company was ladden with debt, had massive cash burn, andwas valued by morons at $30,000,000 plus!!!! now the company is paying debt, reduced burn significantly and the Mcap is $600,000!!!! What is not to love for value investors???
people screaming that we will lose 98% of the value after this 500 for 1 split have no idea how splits work!!!
The mcap will still be $600,000 and the PPS will be $0.60 with 1,000,000 shares outstanding!!
I can see this at $2 to $3 by summer easy with a P/S of 1!!
JMHO!!
use your own judgement, but people who paid $30 - 200,000,000 for this thing should never be listened to!!
maestro
If anyone is holding on here expecting a rebound please do some reasearch on penny stocks!! have a look at the 5 years chart and tell me this exct partern hasn't happened at least three other time in the past 5 years and it alwasy goes down and sets new lows!!! Only hold free shares cause this board is full of crook and pumpers!!! CBIS is not gonna change the world!!! unless yo are part of the pump crew that made a killing here!!!
BUYER BEWARE!!
if you want low risk with upside try COIN!!
It's fun to look back at posts and see if you made the right decision about your investments!!! Clearly this was a smart move!! The longer you stick around here the more it costs you.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_S/threadview?m=tm&bn=134196&tid=997&mid=997&tof=46&frt=2
Glad I am done with Trey and Yahoo!!
; 0 )
See yah guys around!!!
This only matters if you are an old bagholder!!! I am a new investor, and with an Mcap of $600K and the debt being eliminated at the beginning of the fert season, this one looks like a buy!!
please note that I believe at least $500K of debt will be eliminated with not dilution due to the pending sale of Pharmasphere!!
GL2U, this one is cheap, and the R/S has no impact on MCAP!!! This is the first time ever this company has been fairly valued!!
maestro
Thanks to all my friends here for the $17K profit yesterday, in the 250,000 free shares that I will hold indefinitely!!! You guys did great, and it is trades like this that make investing the reason one can stay home and have fun all day long! I have or will be redistributing that money into pennyland shortly!!
Lets not forget that COIN is the benificiary of this news, and with a $600K Mcap grab all you can at 0.0012!!! I have 6.5MM shares now!! and addding!! Just like the consolidation that happened here for a month same deal over there!! I do not need to tell you tech guys this!! the charts say it all.
maestro
Thanks again and heres hoping this company is a huge success in a decade or so!
Do not get too excited here guys and gals, but MJNA just got $4,000,000 in cash for aquisitions!!!! Expect a deal for Pharmasphere and a resolution with Nick Brusatore shortly!! I made $17,000 today on MJNA, and have 14.5MM shares of Coin acb 0.00127!! This alone will result in a HUGE debt reduction and likely a 3 to 400% PPS increase IMHO!! Invest only what you can afford to lose!!
maestro
http://www.otcmarkets.com/stock/MJNA/news/Medical-Marijuana-Inc.-(OTC%3A-MJNA)-Completes-Financing-Agreement-With-CannaBANK-Inc-For-Up-To-Four-Million-Dollars-To-Complete-Several-Key-Acquisitions?id=43032&b=y