www.gofundme.com/fundlarah
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Who's in the hole hundreds of thousands of dollars? that's insane.
Stockmama, I'll take up the ? for fun… I want a house. Husband has good prospects with that company for after his last semester, so hoping this time next year to be settled in, having skimmed a few needed SGLB profits and holding the rest indefinitely. Maybe pop out a kid or two. Lol. My plans are pretty simple, if all goes well.
I found it… it's 5 for a quarterly report. http://www.mbbp.com/resources/business/rule12b-25.html
Aaagh… :/ How long is the extension period?
Sigh. This is going to take my whole day, isn't it… I'm refreshing like a fiend trying to see if I've missed anything. Really wish I'd showered earlier lol.
Driftin, I have to admire your strategy. It's like the tortoise and the hare- you're always there, quietly accumulating slowly but surely with the endgame in mind. I wish I had the resources to do the same- this is far and away my favorite company (Is that allowed? :)) My husband helped me research them last summer, as he's in materials engineering, and as soon as he saw Los Alamos, DoD, MIT (Dave), and all their partners, he told me to 'buy the sh__ out of them." As has been said before- they're "Not your typical penny stock!"
Every time I see these little intraday dips, I say, "aahhh!" and then remember it's like fifty bucks difference for me between .005 and .0046. (I only hold 165k shares). So silly.
I like the sound of that! :) Call me a bad long but I'm not above flipping half to accumulate more. [I'm a teacher so cash-poor in summers. Best I can do!] I always keep a core position in a stock I like though! This one was very good to me in April; bought just prior to the big (if short) run.
I see we still have a buy rating from American Bulls. That's good. I don't use them but they seem to have helped our runs in the past. Hoping for a nice pop soon.
Nice PSA. I second this! :)
What's L2 look like? We seem to be at a stalemate… big spread.
Hmmm…. Would've thought we'd have something by now. Maybe mid day or after close? :/ "A watched pot…"
This seems to be more about analyzing customers/markets. But yes, also impt. on tech side too.
One of my speculative babies on cusp of a run… fingers crossed, I want more of these cheapies. My SGLB holdings are the lowest they've been since the beginning (no worries- I have held a core long term since .028). Never thought I'd see these prices again, want to get back to my preferred investment # before July. I miss the days of .27, but if things go as expected here in a year, even that will seem cheap. :)
So we're expecting the q today, right? [FLPC confuses me as they have an abnormal fiscal year.]
STTK on radar for Monday morning… may get golden cross. +19% Fri; buy rating by American Bulls issued intraday Fri, historically has caused run in the past... (.004 to .046 April; .004, to .023 May, both in past 2 months). Massive short volume could mean a squeeze imminent… Great for flipping.
Check out these short #'s!!
http://otcshortreport.com/index.php?index=sttk&action=view#.U53dNSimWhw
I'm actually glad to see that this is the result of dilution, as opposed to mass exodus. It's a lot of dilution, yes, but also a lot of money for the company. Hopefully they'll be better stewards of it this time around than in the past. I'm already in the hole big time, so not much I can do besides ride it out and hope for the best… just glad I didn't invest more than I could afford to lose. I bought into them after seeing some people whose investment analysis I respected, though it went against my personal policy of avoiding companies with heavy debt, it was worth speculation…though speculation only. I said to myself, if they can make it six months, they'll make it indefinitely. [Key word there being 'if'.] It's been five, five and a half months since then, so let's see what this quarterly report has to tell us. If the debt is significantly reduced, and we've made progress on the mill, I'm not happy, but more ok with it. If they're still dicking around with no ground broken and no concrete plan, not happy, and definitely not ok with it. If they're really going to keep their timeline this time around, I think they have to have started something, because there is no earthly way at the rate construction workers go they'll finish even one module before EOY otherwise. On the flip side, the first phase doesn't sound like it'll take that much to accomplish…Their bar is fairly low on refining for the first installment. Does anyone know what our status is on equipment? That's the most important piece- and I THINK someone mentioned we maybe already secured it, though the post # escapes me and could just be wishful thinking. I don't care if the building is a bunch of sh!tty cinderblocks or metal siding, so long as the equipment is functional. I did hear back from Don about a month ago, said that we'd be hearing concrete cost saving measures and the plan going forward, so hoping we get some guidance on how the mill will be made possible soon. The update was a start, but want to know how exactly they plan on paying for all of it… hope to goodness they have more answers than just continued dilution. :/
Just want to reiterate how grateful I am to this board… my husband absolutely loves his new job, and we got the connection right here. Major opportunities for the future. He's building half-million-dollar CNC machines, which Greg Morris said in his talk are crucial with the push for AM because even with the holy grail of closed-loop control, parts are still near-net shape and need 3- and 5- axis machining. (Mark mentioned that, too, should Metal3DX ever become a thing.) Thanks guys.
jpi found the source… see post #18037. Greenville=specifically focused on Additive manufacturing.
Great find! I hadn't read that before. Nicely done :)
If it's due the 15th (Sun) does that mean it's supposed to come out earlier, like Friday, or Monday, or do they ever release these things on Sundays?
Hope so! :/
Wow, NO volume? You go, ask-person... stay strong.
Took a news gamble...100k buy, 3 min til EOD. Hope it spreads. :) [I wish I had more cash, but unfortunately moving next week so have to be frugal. Still over 300k shares, avg .0048, so if we hit the highs of 2 months ago, here in a bit, that's none too shabby!] Don't worry... haven't invested more than I can afford to lose. GLTA-
One of my other companies did a cc recently, and it was through a site where we could hear them talk always and submit questions by typing into a chat box… they addressed all of them because 2 execs were alternating. Did not need a moderator.
Response from Don:
I decided to go on and send my suggestion to Don:
Don,
Forget fancy offices and put some doublewides on the property til you get the mill rolling. No one will care what kind of conference room you have if you can't even show a profit... especially when it comes at the cost of dilution. If anything, an on-site trailer will be perceived as frugal management with a team that desires to actively monitor operations. I'd also forego a giant mill in the near term, and instead design a modest one where you can knock out a wall and add on to it later once you know what capacity you'll actually need. Increasing the A/S should be absolute last resort. Check out I-hub… your shareholders are starting to mutiny. Just my two cents.
Shannon
about a minute ago
Reply:
Thank you Shannon. All plans will be executed with cost saving measures at the forefront. Appreciate your support of First Liberty Power and your feedback.
[EOM]
… Heard and acknowledged… so at least there's that. Management pros and cons aside, he is always courteous.
…That said…
One time, I called the (now former) CEO of Nanosphere (thank God I sold before their drop) asking about his life story for my students (all he had was a BS in Zoology, but had been a successful business man for 30 years, having created a company that got bought by Abbott, among other things) and I was curious-thought it'd make a good inspirational story. He called back and gave me his personal cell number and we talked all about his life (teaching natural science to pass time while wife in school/founding an alternative learning program in the process, then sales, then working his way up the food chain), his advice to students "always seek improvement through radical change," the UK/Duke rivalry, and getting my husband a job… he also talked about failure, using edison and batting averages as metaphors. Interestingly he resigned a few weeks after because (I think) the BOD was hostile/ pushed him out… [It was essentially one family of investors that bought up over 50% and got control- I was never sure about that...] I got out before the double whammy drop… but always remembered 2 things- 1: He was an awesome person. 2. Even awesome people have bad things happen to their companies. (and I guess 3- wondering if that 'failure' bit was a message) haha. Let's hope this is not another #2.
Btw- for anyone who remembers or cares… just found out my husband did indeed get that job from our trip to that presentation in Florence, KY :) Not at GE but another company who was there. We would not have even known about it if it weren't for the DD of this board! Thanks, guys!
I did too, though my first thought after the 10Q was that it seemed a bit rushed (not nearly as detailed as it usually is). I took that to mean they've been super busy with their usual behind the scenes work, but insisted on filing on time in order to comply with future uplisting requirements. This is pure speculation, but how I read it at any rate. It wasn't terrible, just the absolute bare minimum… not even any 'risk' section. (Funny, btw, if you think about that.) I do think that barring news we'll stay in a pretty tight range. Despite its OTC status, this is the stock I worry about least, for its relative stability. I'd have sold in this summer lull if it weren't for the fact that we sometimes move up completely randomly on no news, and 'commercialization' is closer every day. At this point it'd be stupid anyway- most of my shares go long term in a couple months.
I suspected that, too, with all the conveniently changing sentiments 'round here. lol. Only thing bumming me out is that I was looking forward to some extra summer funds, but hubby just got a sweet co-op to hold us over and I interview for a better teaching job in less than two hours so I guess I'll be patient awhile longer. Sigh.
If this were my company, I'd put a handful of double-wides on the property for offices until I got a modest mill going. They don't need to do it all at once… design it modestly and in such a way that they can knock out a wall and add on later, once they see how much capacity they'll actually need, otherwise all you end up with is a big useless space sucking up your utility bills. Maybe our BOD should watch this:
Surely it's going to be 9 months to a year… Permitting alone takes at least a month or two (sounds like they still haven't obtained it?) and we're talking about the gov't here… lol. I think it'll be after Christmas and before "Spring" before we really start to see things up and running, especially since it takes so much cash to start any building project and this slow dilution trickle generates but a pittance on the relative scale. I knew there had to be problems with the trial not being cost effective ("break even" or possibly loss, if you remember). That doesn't mean they won't make it in the long run ( I hope they do), but in terms of getting back to the old highs, I don't see that happening near term. IF we get a concrete plan with shorter timeline than I'm expecting (say, 6 months), we might see .02-.03 again near term, but the threat of another authorization increase will likely keep most people at bay for a little while. I'm going to hold out through these next updates, but if they're not substantial may move most of my $ out for the summer to re-enter post increase, if it passes. Either way we're likely to see some turbulence… sounds like a lot of people aren't very willing to play along given the lack of results from the last go-round. That said- initially they DID ask for a much higher authorization the last time, and cut it down, so it's possible this is the natural result of shareholders' outcry last year.
Previously it was around 80-90k, I think they upped it according to the 10Q to...180k? Plus a bonus? (I'm going from memory, don't have it in front of me). Were it not for that our losses would have been very minimal. I was surprised they chose to do that, but I can't say he doesn't deserve it. What other CEO with his experience is only making 80-90k... That's like,a mid-level engineer, after 5 years. They decreased his all-shares compensation, so it wasn't even as big as it sounds. I am pretty sure after all these deals in the works come through we'll find it modest, even saintly of him, to have taken so little for so long. Who knows, maybe his kids are in college, lol.
I think this is very reasonable and a great analysis.
I thought Cola said it was GE in the 10-K? Or are you talking about a different two?
It is a possibility in that according to their 10-K they don't have anything to prevent a takeover. However I do not think that is what is occurring at this time. It's just slow and steady. We'll know a bit more this week with earnings coming out.
Thanks- I knew I'd heard that somewhere! :)
.5-.6, maybe. Though if it keeps this slow trajectory, .35ish IMO. I just think with Commercialization/ Materialise IPO we'll get a bigger spike, but .35ish as the base support. I hope for .8-$1 EOY though would be happy with a .5-.6 base come December. (Really, I'm happy with anything as I started buying .028 ;) avg ~.08) If we continue slow n' steady, may not see the .8-$1 til mid 2015. I believe that May conference that got canceled, where Mark was one of the key, introductory speakers is rescheduled for November sometime. Anyone else remember that?
I said near break even. Just an opinion though. Still hopeful.
Personally I think the cost of third party milling plus shipping was higher than expected- near break even, which is why we haven't heard about it. I think originally the mill was floated as a down the road option, and has now become a necessity based on their experience and the #s involved w/ selling to China. Live and learn. That was what I got from the recent update- that they had learned from the experience and were going to use it going forward.