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Thank you, matoutus for that summary and for all your helpful posts. It should be an interesting day and month going forward. GLTA
Where do you think this this going to be by Febuary 15? Anyone's guess but I bet it could fly over .50
Goodbye sub 10s
A few more days like this and we will be attracting some genuine interest. Let's see how the rest of the week plays out. I can use a little cheering up.
Is news on the way after hours maybe?
This could be the move we've been anticipating.
http://www.americanbulls.com/StockPage.asp?CompanyTicker=TRDY&MarketTicker=OTC&TYP=S
SECI showing some promise
thanks Warant
sure looks like a fat finger to me, but wouldn't it be great if they just knew something...
What a mess this turned out to be. How sad! Glad I got out a while back even if I still lost my shirt.
Makes me sick. Part of a dismal year for my account. Lessons learned hopefully!
Why the halt?
Anyone able to shed light on this? I am sorry I am not very well informed here, but understand VALE is making some moves in Newfld.
Is this relevant or are there legal issues? When might this be lifted?
I don't see how this will be helpful.
The dignity and tone of any genuine communication is at least half of what is being communicated. While I appreciate your need for clarity, this email could easily come across as disrespectful and contentious. I would not be inclined to take your concerns too much to heart, nor respond with any high priority, if I were an IR guy. Do you feel inclined to answer calls from angry people who are calling you a jerk before you have even opened your mouth? Why engage in such a hostile debate?
You may be frustrated, and many of us are, but you sound like a heckler at a political rally, not someone with a serious intention to engage in real dialog. The PRs are not masterpieces and there has been a pretty universal expression of frustration that has probably made some sort of impression by now, but I still don't see this email as helpful. Just my humble opinion.
I would say that if we want to get real information from Zwicker or Stead, we would be better off to engage them with clear questions and concerns, and present them in an atmosphere of legitimate inquiry and lighten up on the hostile language. We are all people here and they are surely trying to do their best. If you respect them, they may respect you.
Zwicker stated to me once that he has never read IHub and never will and implied he feels sorry for investors who only use iHub for DD. My guess he has formed a poor opinion based on the kinds of attacks he has to fend off daily. If he has that attitude, we are not going to get too far trying to pressure him by coming across as an angry mob of iHubbers.
If he refuses to acknowledge IHUB as a thing of value, it may be arrogance on his side, but we are not going to convince him otherwise unless we meet him in a manner that sound at least a little more dignified.
The point is that if there is a real consensus of people who are ready to approach them as a group, it could be done and it may have an effect. But it is all in how the situation is approached.
This is such a great concept and so clearly ahead on the curve- why is the stock stuck with no volume and no buzz? I just don't get it.
Wow- Thanks for posting this.
This is consistent with what I was told by the IR guy on Thursday, who also said that there was no telling how long it would take to get the next set of results.
R2G2
KATX management are not from a culture of deceit. So-called experts on IHUB don't seem to appreciate the character and culture of Newfoundlanders. May I respectfully offer a little sociology lesson from someone who has Canadian maritime roots.
Newfies are much maligned by the rest of Canada on the surface, but deeply respected for what lies underneath. They are, for the most part, honest, hardworking folk who don't expect malicious reactions or distrust- especially when they try to offer a gift of good news. Most Newfie families have been fishermen or have seen their men working the mines for many decades. It's a hard and salty existence where people are forced to cooperate with each other and since many are used to scraping by, generosity comes naturally - check out what happened after 9-11 with flights into Gander, for example.
Newfie jokes chide the locals for being naturally trusting and naive- (Why don't Newfies go ice-fishing? It takes too long to dig a hole big enough for a boat!) But the reality is that people like Ken Stead and his brother are trustworthy and basically good.
That said, I predict our New Year will begin with a KATX bounce. People will wake up to realize that Rare Earth Elements are at least as valuable as gold and pounce on the cheapies.
So Merry Christmas Katx fans! I hope people have been able to catch their breath and are willing to relax a little on the diatribe front. Peace on earth begins at home.
Looks like gold is all some people are interested in. REEs might be more valuable in the end. In any case, there is still more to the story and we'll see what this really means as more results come forth. Conversations with Newfoundland suggest that the reaction by investors today is a Big surprise to the home office, as has been stated earlier. The company is not unhappy with these results at all, but it seems to indicate that the quick-fingered investors in KATX that sold today are not the sharpest scizzors in the drawer.
Oh well, wish I had more powder. This is now high on my buy list.
I think this waiting game is really stressful for a lot of investors in KATX. Every day without some kind of news feels like another nail in the coffin. If they didn't hit anything of value at RR, maybe they should just tell us, so we can suck it up and move on. I want to be optimistic but I have been hit with so many losses recently that my hope reserves are pretty low. Come on Ken, as a man of honor, please give us a reason to believe!
Hopefully the removal of the Q alone will auger a happier New Year.
So glad you are out of the slammer, DOG, hope they treated you
with respect, you have been missed.
Whatever this malicious activity is, I wish it would stop. This is a real sleeper stock right now, but one day the true value of the company is going to come out and it will be obvious to everyone that these are bargain levels we are seeing now.
So- finally a good day here? whassup?
Beginning to wonder if the KATX and KATG thing is just one big dud.
I think this is a fair and reasonable assessment, except I am not sure about your implications about a certain v*e*n*t*u*r*e capitalist. That seemed a bit mean-spirited.
The hope that there will eventually be funding and that Mineseeker can still become part of this is wearing thin, but it has been bolstered by the sheer persistence of Jeff and (I assume) others.
Clearly it is hanging on by thin threads as far as current cash flow, but there seems to have been a lot of mess to clean up. Not knowing Jeff but trusting the reports on his integrity and grit, I am putting some weight on the fact that, as he says...
I am working with no pay, staying in a hotel, and have been in Jacksonville at the office Monday thru Friday every week since I took over. If I didn't believe we could be successful I would not be here.
Or is this silence the sign of snow and cold winds blowing over the barren rocks and ridges of Newfoundland?
Winter comes in November. Will there be activity into the new year, or will they wait for spring at this point?
KATX seems like a long term hold. Longer than I anticipated but hey, at least I am not spending the money somewhere else.
Thanx Jaxstraw. I was wondering if they were just issuing PR's in sign language.
I think neither. MMs are usually the devil but sometimes a cigar is just a cigar.
The sell off was not caused by VERT being at ASK.
It was caused by a couple of posters who wanted to buy shares cheaper today and tomorrow.
Well hopefully they are not starting from scratch. These docs are things they have known they would need to produce all along, I am sure. Sounds like it is a 'hitch up your belt and get it done right.' Maybe someone on the accounting side was asking for a little more time.
Frustrating. I can't see this lasting much longer.
Jax Do you know if there is a deadline for financials to be published for this company? Are they under any pressure that way?
Thanks in advance.
I think I hear that MOMO train a comin' down the tracks.
Believe whatever you want, or do more thorough DD. Up to you. Why not call Ken and ask him flat out if he diluted yesterday? Or do you expect he'd lie? If so, I don't think you'll be around here very long. Good luck in any case.
There is a million dollars (or so, probably somewhat less than that now) worth of stock that needs to be unloaded, not by the company, but due to the previous owners of the SSWC shell. That is being dribbled into the market and keeping the price low. Once that is gone, you'll see this start to find it's true baseline and build from there. IMHO
I agree there should some word from the company soon. How much longer can they just sit on information?
I could be wrong, as I got in this at .30 and never expected it to dip. But it just doesn't make sense for this to be trading at less than 3-6 times where it is now. I mean by all reports, the company is pratically printing money! There are pinkies with nothing in the bank and nothing but dreams for sale selling in this ballpark. This is real and I believe it is a steal! I guess we'll see.
I think JAA106 said it all, almost.
But to add my 2 cents, this level of concern is not just some conspiracy theory, it is a sad statement of how far reaching the arms of money and power can reach in America. (and other countries) If you don't believe in the possibility of corruption, or lets say 'the freedom to misinterpret in favor of bias' at this level, I have a bridge in Brooklyn that is for sale.
Of course in some people's world, global warming is a liberal plot, OJ simpson was nowhere near the crime scene, Fox news is fair and balanced, and Kenneth Lay was just an innocent bystander. But in this case, it just might be that the FDA is as neutral as your typical MM playing the pink sheets.
What irks me is that this machine could be saving lives as we speak, not to mention helping revive the American presence on the medical technology stage.
I don't buy the conspiracy theory that Dean would go out and hire an expensive firm and go through all this rigamaroll for a machine that is non-functional. Dean has hired a big gun law firm with top level engineers at their disposal, and a former FDA official on their staff. It better work or he is going to look pretty foolish. As consultants, they are not going to advise taking this an inch further without assurance that they have a machine that will survive FDA scrutiny. The adjustments they will make to the 'package' are most likely going to reflect in certain terms stated more carefully in the lexicon of the FDA screeners, and perhaps curtail a few claims in terms of applied function. (just a guess)
I do not mean to imply that there is an outright conspiracy here. I would be more prone to think that the screeners have been pressured from above to find some reason to reject, on a technicality, and they found one or two, and it was something that could have been easily corrected if there were not some pressure to reject. It took so long because they needed to go through everything with a fine-toothed comb... a kind of "find something!" guilty-until-proven-innocent mentality versus the opposite. It will be interesting to see what surfaces.
You can read accounts of this sort of thing happening at federal agencies in articles refered to previously on this board.
OK, so much for my opinion, have at me!
I have had an order at .0003 for almost 2 trading days that has not filled. So what's that mean?
If your prognosis plays out, wouldn't this be a great time to buy low and sell high? Or are you a committed long? And if so, why? You seem so sure the patient is going to die, I wonder what you get out of hanging around the bedside. Kind of perverse IMHO.
Awful lot of pessimism on this board.
Meanwhile the price of shares is shooting up.
It makes me think some people are just eternally committed to being negative.
Meanwhile, the rest of us might consider this a buying opportunity.
Good luck to both positions.
McDermott Will & Emery have the legal, medical and scientific background along with the experience of former FDA personnel to assist Imaging3 in building a solid strategy for a successful FDA application," further stated Mr. Janes
This gives me confidence.
Quite a resume.
Sunergy, Inc (the "Company") (PINKSHEETS: SNEY) is pleased to announce that Leslye Obiora is a tenured and full Professor of Law at the University of Arizona. She recently served as the Minister of Mines and Steel for the Federal Republic of Nigeria and is the recipient of several distinguished awards, including fellowships from the Center for Advanced Study in the Behavioral Sciences at Stanford, Institute for Advanced Studies Fellowship at Princeton, Rockefeller Foundation Bellagio Study Center, and the Djerassi Resident Artist Program. She served as the Coca Cola World Fund Visiting Faculty at Yale University in 2009; she has been the Genest Global Faculty at Osgoode Hall Law School in Toronto and the Visiting Gladstein Human Rights Professor at the University of Connecticut. Dr. Obiora is the founder of the Institute for Research on African Women, Children and Culture and the convener of an initiative to stimulate the growth of indigenous philanthropy in Nigeria. A prolific writer and compelling speaker, Professor Obiora read law at the University of Nigeria and obtained her graduate degrees from Yale and Stanford Law Schools.
One of these days when you least expect it, there will be a new PR. Meanwhile, everyone is yawning.
The chances of a 10,000% spike (hard to truly believe, but...) certainly go up as the price of this baby goes down. If by the time the trigger is pulled QSGI stock is down to .05 or lower, it will be a lot easier to hit a ten, twenty or one hundred bagger.
In any case, I am buckling my seat belt for what I hope to be the ride of the year.
The day it is announced that there is a bona-fide consultant who is going to take the case through to approval, watch for a major spike in PPS.
This is clearly a case of the glass half full or half empty. I don't read that remark as having no plan. I read it as "The plan is to trake a moment to give the situation some judicious review, consider the best option and respond as appropriately as and as soon as possible."
No plan would be " I am just stumped. I give up. I don't know what to do or where to go."
Clearly, I don't share some people's negative attitude toward Dean. Call me a die-hard optimist but I do believe he has acted in good faith.
I am, on the other hand, suspicious of who is running the asylum and feel that if there is a vilain, it is the FDA.