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So, no trading for 20 days?
Absolutely...and I hope that .20 does act as the bass, and that the company does PR to help support the base....otherwise, especially with a low OS, pps can drop quickly.
I agree that there are not a lot of free shares...but there some out there. Just as long as they are sold on the bif...
The question is, do those who have .0001/.10 and .0002/.20 shares hold their shares at .0004/.40 or .0003/.30? Or do they take the profit and run due to the potential downside risk?
HOLD ON....Slow down there. Pull the reigns on those horses....
Eat a donut...
I NEVER SAID it was impossible. I said I have not had luck in this area. Nothing more.
Just take a pill, drink some Zinfadel, listen to Yanni...
My point is that I see the whole cycle happening again.....
L2,
We shall see.....I have had better luck with bottom feeders than with stocks that RS/RM into the pennies...
IF you were part of the RS, it is the same.
If you are new to SBRH/SBRHD/NVCB,
1) there are concerns of maintaining pps value. The value on the open will be based on the RS value, not on actual business value. That can fall or rise quickly based on perception. Hard not to worry about value being perceived poorly and the pps dropping. And from .20 there is a LOT of space to fall. And if it falls, not likely to get back to that level.
2) Not nearly as fun getting a few shares for $1,000 when you can have millions of shares at the sub-penny level.
3) Hard to make multi-bags at the level. Could happen, but .000x to .00x is much easier and means a LOT of bags o' money!!! .20 to $1 is very hard and not as lucrative....
Company is so poorly managed it is hard to imagine anything coming of this....I wasted time researching the company.....
The true issue with the company is decision making and planning which the current company does neither well....
They have a product and even if it is nothing special, the real questions are "Can they sell it? "Can they deliver it?" The obvious answers to both are "No!"
Regardless, a nasty RS is going to happen in 2014.
So was this something you really heard or wishful thinking????
LOL - Yes, that is my shorthand for you. Figured that made it easier for your fat fingers and slow mind....LOL
I would love a Dunkin Donut right now....
L2 - you are now talking as a real LT investor.
Disclaimer: All of the following assumes company is actually operating.
In best case scenario, the company's footprint, is still at infancy stage. They went public to gain access to additional funds to grow.
So the question is how are they going to get that funding?
1) Raise the OS. Well, if they create a new symbol, leave SBRH behind, then there is a possibility to raise the OS in a few months (at the earliest), with PRs explaining need for funds for investment purposes.
2) Get on the big boards. That, with operations, would bring legitimacy to the company and gain then access to other financial vehicles. But that would take 6 months to a 1 year, to be generous.
Either way, and I am sure there are other options, this is a long term growth plan, not short term pop, unless I am missing something....
You know, the unfortunate, or reality of that is that range, .60 -$1.00, does not represent a lot of money for current shareholders.
It is the same range the stock was trading at pre-split.
(.0006-.001)
So the real question is whether this can trade in the dollars....
If it can, then you are talking ROI....
Okay, so I agree that financials will take some time, IF this is an operating business....
If that is the case, opening pps would be between .20-.30.
A lot of waiting and see will go on at the beginning, would be my guess....I am curious about this...
So what do you really think the day 1 stock price will be?
Assuming that it starts trading by the end of the week...
My math says .20 would be current value post-split.
L2 you make me laugh....
I don't care who did the dd. I care that the dd is factual. I care that more people don't throw their hard earned money on a scam.
There are people who know hw to play these (you may be one of them), but most people lose their shirts....
Thy will come in thinking this is a real comany and that stephane is involved and that this is a company to be long on, and yet all evidence screams that this is not the case....
You originated the dd, so you know that it is true....
Read This
Checkout someone else's Solid DD on the KNOWN people involved and the company Untex.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=93080588
Well, the news you are all looking for won't come until all of that is done....
I would have thought that they would have a symbol change as part of the name change....just curious that they did not do that.
I never said he may not be involved....just find it EXTREMELY odd that he is listed as an officer of the original Canadian company and is not listed anywhere in the New Florida company.
1) He is not involved going forward.
2) These are two separate companies.
3) His role has not been defined yet.
We shall which one it is....but it makes no sense to hide his involvement if he is involved. He is the only person with any expertise/experience in the business. Why would anyone want to hide him?
Just does not make sense that he is involved, but he may be involved....we shall see.....
Where is the management? What legitimate company does an RS, etc., and announces nothing?? Even the worst POS at least say some BS to give shareholders something to hold on to. These guys clearly care about the shareholders.....
The person that people here claim is not important....can tell you this much, he isn't anywhere to be found with this NEW company.....LMAO
Or like buying a $20 painting at some dude's garage...then later on discovering that the painting is available for $1 at the local thrift shop.
Look L2 stated that Stephane was an EMPLOYEE not an owner.
I simply PROVED that he is a DIRECTOR and the ONLY DIRECTOR of the original Canadian company that is now supposedly registered in Florida.
But, I agree with you, they are TWO DIFFERENT companies....which is, at the end of the day, the point I was making anyway.
One has NOTHING to do with the other.
You are right!!
Yawn....hmmm who is the ONLY Director named for Novacab in Canada???
https://www.ic.gc.ca/app/scr/cc/CorporationsCanada/fdrlCrpDtls.html?corpId=4416091&V_TOKEN=1384275311530&crpNm=Novacab&crpNmbr=&bsNmbr=
Of course they will have a business plan!!
Then they will say that they need to raise the OS to be able to finance the business plans.
Then they will blame someone for not being ethical, etc.
There will be a lawsuit with a 3rd party, and then the company will go silent....
Or to then add more shares at maximum value....
Anyone see Stephane's name anywhere on this business?
Interestingly the only names associated to this "merger" were NEVER part of Novacab BEFORE the "merger".
GLTA
Well, either way you look at it, you have to admit that it is sad that they did not even PR something today regarding the RS. At least something to assure the shareholders of something.....
So let's assume this is real. The Canadian registered company would have to file something and currently there is nothing on file although they have 15 days to do so. The question is whether or not the 15 days have passed....
That is up to each person's perspective.
The name issue is confusing but not really important. There are fictitious names, etc. so I could care less about that.
What is important is whether or not there is a real company here.
NO proof of revenues beyond assumption and claims.
Perhaps there is revenue....
But I gotta say that it does surprise me that Novacab has not made one reference to it anywhere, not even on their website....
But, we will see.
I was on sideline because of the RS....remain so because Stephane is not proven to be involved. The people that are involved don't have a good track record.
What revenues?
Yes, absolutely.
But, here is the thing:
1) Other posters are saying that they have confirmed that Novacab (the company that we know) has nothing to do with this merger.
2) There is no proof of revenues from Novacab. Last news/activity related to Novacab was in 2011. Does not bode well for a company that there is no news in 2 years.
3) The RS is going to be a tough pill to swallow especially since they have not communicated anything.
The next few weeks are going to be tough for shareholders.
No one is going to believe anything unless Mr. Bilodeau's name is somehow attached to this since he is the only person with any reputation in this area. All other people, from my own DD have shady pasts and are not to be trusted....IMHO.
Reported and discussed.
The problem is that the people who have lots of shares wanted to do anything they could to drive pps to dump their shares before the RS became a reality....just didn't work.
So people that were trying to tell people to beware, like myself, were yell down at...no matter, sucks for anyone to be caught in this mess.....hopefully in the long run this will turn out good...
Damn it! I said on Monday of last week that it would be trading is .0002s by last Friday...had they not halted trading on Thursday I would have been right....
SBRH is now on DTC Chill for TD Ameritrade....
I think the new symbol will be NVCB....
You will know something happened when the symbol changes. That is the next step.... Novacab would not trade under "sbrh". Realistically any new information would come under the new company name and symbol, not sbrh.
Well, I do have free time...but that is another matter.
I have stated openly that I am watching to see what happens and, if by some magic, the RS does not come out, I will take whatever profit I can get and tip my hat to you "longs".
Just read my posts and you know what my motivation is.
Better for me if the stock does well...whatever any of us post here will have little to nothing to do with the stock performance at this point.
Not until news...if/when that comes....
People have the right to post/waste their time as they choose.
Perhaps, the better questions are:
"Why are you not willing to acknowledge that they were planning an RS?"
"Why are you not providing proof, if you have it, that they no longer intend to RS?"
Prove that they are no longer interested in doing the RS and you will get buyers.... say what you want about the "nay-sayers" but the truth is that the risk of RS is a BIG piece of what is holding this stock back.....
That being said, why not watch the stock just in case that their is no RS? The beauty of these boards is that they provide that exact opportunity for opportunistic investors.
Evidence that they had "planned" a reverse split when they initially applied to change company name.
http://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2013%5C1008%5C51825654.Tif&documentNumber=P95000096012
GO TO THE SECOND TO LAST PAGE. (page 7)
silence....sound of crickets....that is the only answer you are going to get.
Good question, though!
Absolutely, what you say is true.
What the key to that is the intent and actions of the management.
Your statement works 100000% if they are intent on building a real company, which is unfortunately not always the case in pinkyland.
There is potential here which is why I am watching it....
The potential is not the question here, the question is what the pps should be today, and today, with the information available, the stock is trading appropriately. Those who think that it should be trading higher TODAY are not looking at reality.
News will change that. If real news comes BUYING in a BIG way will come. All of you will make the most money..good for you. I like profit, PERIOD. $1 or $1,000,000. I take it and run. I congratulate those who made more, and move on to make more profits elsewhere....I no longer look for the grand slam which is what many of you want. Just keeping the ball in play is my game.
1) Missed dates is a big red flag.
Not an issue. Things don't always go as planned and take longer, some time the longer wait has its advantages.
Delays do happen. Having been involved in a few M&As I understand that, but in pinkyland, that is a different matter.
2) No proof of Novocab contracts outside of the PR.
SBRH said they had a merger deal with Novacab and once the deal is signed which it isn't quite there (I BELIEVE), the shares will hold significant value per SBRH.
The shares may hold ASTRONOMICAL value if there are real contracts with IBM, etc. Just saying the lack of evidence is hard for people to swallow. All we have is a PR from SBRH as proof...hard to believe a company with zero accomplishments to date.
3) The people involved per the failed filing in Florida have a string of failed businesses associated to their name.
Good thing Watson, Walmart or any other business out there did not keep trying. Look where they are now. If you learn something from your failed ventures you try something else. This could be the combination (something else) that will send us flying into penny land.
Edison himself said, when asked about all the failed attempts to create the light bulb, that they were not failures, but that he had discovered a 1000 ways not to create the light bulb. That being said, a string of failed businesses do also show at least that they are challenged as businessmen.
4) Accidental release of "planned" RS. Whether they are still going to do the RS or not, they were planning to do it a month ago, and there is no EVIDENCE that it isn't going to happen.
SBRH said they would not reverse. Sounds more like a hoax to me.
A hoax by the State of Florida?!? WHY? LOL
Those are the big three reasons....IMO