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Good idea.
Yep I think we're due a big move northbound, JMO. GLTUA @ ECIG
This is the most up to date calc I could find of the number of smokers in the world and my very simple reasoning as to why BigT would want to suppress the ECIG revolution from gaining momentum.
According to the WHO organisation there are 1 Billion smokers in the world so imagine if only 0.1% of the smoking population deserts from smoking 'to an alternative'? Even from a low ball SWAG it's not hard to imagine a compounding loss to BigT (annually) of circa $365 million.
It's also laughably hypocritical to suggest that after killing millions of people every year, BigT, all of a sudden, has the best interests of the public at heart. But you can bet your bottom dollar that BigT will continue to lobby governments around the world on that fabricated conclusion, (as is already been proven).
In essence it just boils to good old fashioned greed, ECIGs are currently much cheaper than normal cigarettes so BigT is loosing revs hand over fist to the new culture. I'd like to put a bet on that once Big T fully embraces the new culture, they will collude together and force prices up.
In any event, the ECIG/Vaping culture is here to stay and higher prices will be higher revs for us down the line. ECIG is a market leader, and is a strong buy and (freebies) hold. JMO & GLTUA @ ECIG
www.who.int/mediacentre/factsheets/fs339/en/
I'm not sure if you're one of the posters who has had the nod from O'Neil to call him back, but if I'm not too late, could you ask him if he's aware of Atlantic, their predicate product and their interest in ECIG (I doubt he would tell you if they were already in discussions) MTIA.
I have no problem with selling shares to provide colateral to keep the momentum going, it's just the promissary note nothing else. After being battered by stocks that have converible debt I have now made a decision to avoid stocks with CD. Good luck!
Hey CN thanks for all your hard work and I really hope things work out for you here, but I just don't have the patience anymore after today's news. Good luck to everyone who can stay the course. Hasta luego
Maybe if you conveyed your pessimism through factual links etc, instead of just saying things like "This is going to .05 today", people might take you a little more seriously. We all want to protect our trade/investment and any news (good or bad) is always welcomed if it helps keep us informed. JMO
Further to my previous post it seems that the corporate governance rules 4350, 4351 and 4360." are not required for uplisting.
"Each listing firm is also required to follow Nasdaq corporate governance rules 4350, 4351 and 4360."
4350. Deleted
Deleted.
Adopted Jan. 13, 2006 (SEC Release 34-53128); amended May 8, 2006 (SR-NASDAQ-2006-007); amended July 28, 2006 (SR-NASDAQ-2006-019); amended Aug. 8, 2006 (SR-NASDAQ-2006-008); amended Aug. 25, 2006 (SR-NASDAQ-2006-033); amended Sept. 11, 2006 (SR-NASDAQ-2006-011); amended Oct. 6, 2006 (SR-NASDAQ-2006-021); amended May 29, 2007 (SR-NASDAQ-2007-022); amended Aug. 24, 2007 (SR-NASDAQ-2006-045); amended Dec. 28, 2007 (SR-NASDAQ-2007-101); amended July 9, 2008 (SR-NASDAQ-2008-031); amended Jan. 15, 2009 (SR-NASDAQ-2009-003); amended Feb. 10, 2009 (SR-NASDAQ-2009-009); deleted Mar. 12, 2009 (SR-NASDAQ-2009-018).
4360. Deleted
Deleted.
Adopted Jan. 13, 2006 (SEC Release 34-53128); amended July 28, 2006 (SR-NASDAQ-2006-019); amended July 12, 2007 (SR-NASDAQ-2007-066); amended Jan. 6, 2009 (SR-NASDAQ-2008-084); amended Jan. 15, 2009 (SR-NASDAQ-2009-003); deleted Mar. 12, 2009 (SR-NASDAQ-2009-018).
4351. Deleted
Deleted.
Adopted Jan. 13, 2006 (SEC Release 34-53128); deleted Mar. 12, 2009 (SR-NASDAQ-2009-018)
http://nasdaq.cchwallstreet.com/NASDAQTools/PlatformViewer.asp?selectednode=chp_1_1_4_3&manual=%2Fnasdaq%2Fmain%2Fnasdaq-equityrules%2F
I don't think we're anywhere near yet, it isn't just about the pps. Maybe in 12 months we could have another look at it. JMO
Listing requirements for NASDAQ:-
A:
Major stock exchanges, like the Nasdaq, are exclusive clubs - their reputations rest on the companies they trade. As such, the Nasdaq won't allow just any company to be traded on its exchange. Only companies with a solid history and top-notch management behind them are considered.
The Nasdaq has three sets of listing requirements. Each company must meet at least one of the three requirement sets, as well as the main rules for all companies.
Listing Requirements for All Companies
Each company must have a minimum of 1,250,000 publicly-traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more then 10% of the company. In addition, the regular bid price at time of listing must be $4, and there must be at least three market makers for the stock. However, a company may qualify under a closing price alternative of $3 or $2 if the company meets varying reequirements. Each listing firm is also required to follow Nasdaq corporate governance rules 4350, 4351 and 4360. Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.
In addition to these requirements, companies must meet all of the criteria under at least one of the following standards.
Listing Standard No. 1
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.
Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.
A company has three ways to get listed on the Nasdaq, depending on the underlying fundamentals of the company. If a company does not meet certain criteria, such as the operating income minimum, it has to make it up with larger minimum amounts in another area like revenue. This helps to improve the quality of companies listed on the exchange.
It doesn't end there. After a company gets listed on the market, it must maintain certain standards to continue trading. Failure to meet the specifications set out by the stock exchange will result in its delisting. Falling below the minimum required share price, or market capitalization, is one of the major factors triggering a delisting. Again, the exact details of delisting depend on the exchange.
http://www.investopedia.com/ask/answers/121.asp
Here's continual listing requirements:-
5550. Continued Listing of Primary Equity Securities
A Company that has its Primary Equity Security listed on the Capital Market must continue to meet all of the requirements set forth in Rule 5550(a) and at least one of the Standards set forth in Rule 5550(b). Failure to meet any of the continued listing requirements will be processed in accordance with the provisions set forth in the Rule 5800 Series.
(a) Continued Listing Requirements for Primary Equity Securities:
(1) At least two registered and active Market Makers, one of which may be a Market Maker entering a stabilizing bid;
(2) Minimum bid price of at least $1 per share;
(3) At least 300 Public Holders;
(4) At least 500,000 Publicly Held Shares; and
(5) Market Value of Publicly Held Shares of at least $1 million.
(b) Continued Listing Standards for Primary Equity Securities:
(1) Equity Standard: Stockholders' equity of at least $2.5 million;
(2) Market Value of Listed Securities Standard: Market Value of Listed Securities of at least $35 million; or
(3) Net Income Standard: Net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the three most recently completed fiscal years.
Adopted March 12, 2009 (SR-NASDAQ-2009-018); amended June 16, 2009 (SR-NASDAQ-2009-052).
5555. Continued Listing Requirements for Preferred Stock and Secondary Classes of Common Stock
(a) When the Primary Equity Security is listed on the Capital Market or is a Covered Security, a Company's preferred stock or secondary class of common stock must meet all of the requirements in (1) through (5) below in order to be listed. Failure to meet any of the continued listing requirements will be processed in accordance with the provisions set forth in the Rule 5800 Series.
(1) Minimum bid price of at least $1 per share;
(2) At least 100 Public Holders;
(3) At least 100,000 Publicly Held Shares;
(4) Market Value of Publicly Held Shares of at least $1 million; and
(5) At least two registered and active Market Makers, one of which may be a Market Maker entering a stabilizing bid.
(b) In the event the Company's Primary Equity Security is not listed on the Capital Market or is not a Covered Security, the preferred stock and/or secondary class of common stock may be listed on the Capital Market so long as the security satisfies the continued listing criteria for Primary Equity Securities set forth in Rule 5550.
Adopted March 12, 2009 (SR-NASDAQ-2009-018).
http://nasdaq.cchwallstreet.com/NASDAQTools/PlatformViewer.asp?selectednode=chp_1_1_4_3&manual=%2Fnasdaq%2Fmain%2Fnasdaq-equityrules%2F
I absolutely don't concur with that, in the event a bidding war commences there would be a potential to have a multi day spike north of current levels. JMO
"the run-up has already occurred. That means the typical 35% might not even be in the cards."
This management couldn't organize a gangbang in a brothel. I'm expecting that the pps will rise fuelled by anticipation of a buyout and we can finally make some money here!
Monitise 1st Half Loss Widens, Reiterates Fiscal Year Guidance -- Update
Date : 02/17/2015 @ 6:15AM
Source : Dow Jones News
Stock : Monitise (PC) (MONIF)
Quote : 0.38 0.068 (21.79%) @ 1:57PM
" LONDON--Mobile device banking and payments technology group Monitise PLC (MONI.LN) Tuesday reiterated full-year revenue expectations and said it remains in discussions with interested parties after effectively putting itself up for sale last month.
The company, which helps customers such as Spanish bank Santander to facilitate mobile payments and banking, reported a pretax loss of 58.4 million pounds ($89.3 million) for the six months ended Dec. 31, up from a GBP23.3 million loss the previous year, on revenue down to GBP42.4 million from GBP46.5 million.
Full-year revenue is still expected to be between GBP90 million and GBP100 million, in line with previously reduced guidance, the company said.
"The announcement of our Strategic Review has led to many constructive discussions with market-leading players interested in our business and the role we play in the industry," said chairman Peter Ayliffe.
Monitise said last month that it would launch a strategic review to consider options including the company being bought. The announcement came after a tough year for the company, which included lowering its revenue growth expectations and payments card company Visa Inc (V) cutting its stake in the firm.
http://ih.advfn.com/p.php?pid=nmona&article=65514924
Check out NRTI chart this time last year and then news out this morning about CBD launch in NY on 26th March and filing about Triage Capital adding 6m shares. 1st qtr is always best for NRTI (and health products in general). I believe this will be a multi bagger from current pps before the 1st qtr 'Q' comes out in Mid may. (10K due out March 31st) JMO
Check out NRTI chart this time last year and then news out this morning about CBD launch in NY on 26th March and Triage Capital adding 6m shares. 1st qtr is always best for NRTI (and health products in general). I believe this will at least double from current pps before the 1st qtr 'Q' comes out in Mid may. (10K due out March 31st) JMO
Are you sure you're looking at the right ticker, last year the only filings in feb were 8K's about material events and Form 4's, the 4th qtr 'Q' was incorporated into the 10K, filed on 31st March. I think that info is setting people up for a big fall. JMO
10-K/A Apr 1, 2014 Dec 31, 2013 848.2 KB
10-K Mar 31, 2014 Dec 31, 2013 19.9 MB
8-K/A Mar 28, 2014 Jan 9, 2014 845.7 KB
DEF 14C Mar 17, 2014 Mar 7, 2014 112.8 KB
D Mar 14, 2014 11.2 KB
3 Mar 11, 2014 Feb 28, 2014 3.4 KB
PRE 14C Mar 7, 2014 Mar 7, 2014 113.1 KB
8-K Mar 6, 2014 Feb 28, 2014 1.2 MB
4 Feb 26, 2014 Feb 24, 2014 5.1 KB
4 Feb 26, 2014 Feb 24, 2014 4.9 KB
8-K Feb 25, 2014 Jan 31, 2014 32.4 KB
8-K Feb 19, 2014 Feb 12, 2014 433.6 KB
4 Feb 13, 2014 Feb 5, 2014 8.0 KB
8-K Jan 30, 2014 Jan 30, 2014 55.2 KB
http://www.otcmarkets.com/stock/ECIG/filings
LOL GLTY
Frenkel bought 6.6m shares same time last year and is adding to his position again 1 year on so it looks positive to me.
Yep, there'll be a few sellers around the 50ma for various reasons so unless we see huge volume the 50ma is going to be hard to break initially. Can't wait to see consolidation above it though as then I believe that the 'big bucks' will start to arrive JMO
I think the golden cross is the 50ma crossing the 200ma (positively)
www.stockopedia.com/chart-signals/
Many thanks, guess I need a new pair of eyes or some very big spectacles.
Decided to join the board, no B/S and good guys here!
Agree 100%, NO to the blank cheque preferreds. FWIW, in the unlikely event the vote isn't already a done deal, here's a few points up for discussion and any serious comments, disagreeing or otherwise.
Vote NO/NO
A vote of no to both could be a recipe for disaster. Management have failed miserably (so far) to successfully re-finance without toxic debt, so a vote of NO/NO could mean the company may be held in default if there are no more shares to satisfy the noteholders. There is a possibility, therefore that the note holders could force the company into CH11. History tells us that note holders want their ROI at any cost.
Vote NO/YES
A vote of No to the 1st motion is self explanatory, we'll all have the same number of shares after the vote as we did before (unless we vote yes to the 2nd motion). A vote of YES to the 2nd motion could be catostrophic to shareholders if the blank cheque preferreds are approved for the simple reason that they could be used for just about anything (including voting rights for an R/S going forward) because we don't know the conversion rate of the preferred shares. They could be as much as on a 1-20 basis, or more, meaning management would have 400 million voting shares at their disposal, to do just about anything with. How do we know they won't be given to note holders to dilute even further?
Vote YES/NO
This is the way I will vote because I cannot sanction a preferred blank cheque motion as I feel it will be an extremely destructive way forward for retail shareholders. I would however vote for an increase in the A/S (and NO to the 1st motion) if the blank cheque provision was removed.
Vote YES/YES
A vote of YES/YES would be the most disruptive way forward for all shareholders and so I can't believe that even management would vote for both motions.
In summary, I see no way forward without further dilution which ever way the vote goes after the meeting unless we have a magical few qtrs where we have enough revenues to pay off all the note holders. Initially though if we reach .50+ and we R/S 1/10, we would have a PPS of 5 bucks to uplist with but short term I see the pps sinking back down (speculatively 50%) through further dilution, until the note holders are gone. JMO
Great info, much appreciated! GLTUA @ NRTI
"Speaking of the MMG 42G shakes....... It looks like they're starting to sell out of their three flavors of shakes and move from selling individual packets to a bulk method"
I've just checked the filing again about 3 times on Ihub news filter and I can't see that statement, can you give me a link? I also checked Rule 13d-1c to check what it meant and all it states is that it's for an acquirer of 5% or more, which now I think of it means that they must have sold some, my bad. Can you still put a link my way still because I really can't see that checked box on the Ihub filing. MTIA
http://www.sec.gov/rules/extra/amnd13dg.htm
The distribution team have been excellent and if they perform as well with the CBD product as they have with our other products, NRTI should be well placed to gain market share ahead of rivals in the same space. I'm really looking forward to the launch and 10k as being catalysts to get NRTI recognised to a multitude of new investors. GLTUA @ NRTI
I'm hoping that the dream distribution deals done over the last 12 months will give a serious boost to revs and help clean up that balance sheet. GLTUA @ NRTI
Can you elaborate on those 'few issues'? MTIA
Agree 100%
"I see the low volume the last few days since the T/A was gagged as a positive. It shows how much of the volume the last few weeks has been dilution, MM manipulation and shorting. Volume will probably stay low while people wait on the sidelines for communication from mgmt."
Heights Capital Management buying 3.4% this time but last year Capital Ventures bought 8.3%. Heights and Capital have investment relationship (probably to stop filing over 10% ownerhsip) JMO
"Heights Capital Management, Inc. is the investment manager to Capital Ventures International and as such may exercise voting and dispositive power over these shares"
That is really weird, (just checked myself) I'll take that any day, lol.
GLTY
LOL.
I really don't know, the company has been in touch with the VATS cert board and remain positive that the outcome will be positive. JMO
Reynolds (VUSE brand Ecig) is acquiring Lorillard (Blu Ecig brand) and Reynolds tried to get Vaping banned in November so don't see any real cred to LO buying ECIG. JMO
http://finance.yahoo.com/news/shareholders-approve-reynolds-acquisition-lorillard-153727939.html
http://gizmodo.com/the-maker-of-blu-e-cigs-is-lobbying-to-ban-vaping-1633442788
Looks like the dilution's been going on for the last year or so, could be trying to consolidate now as licensing deals help revs, JMO.
Probably a partial fill, JMO
Like I said earlier, this is a perfect environment to put in some low ball bids. Nothing ventured.....
How Supplements Become NSF Certified
NSF certifies products against NSF/ANSI 173, the only American National Standard that establishes requirements for the ingredients in dietary and nutritional supplements. There are three main components of the NSF dietary supplements certification program:
Label claim review to certify that what’s on the label is in the bottle
Toxicology review to certify product formulation (we don’t test for efficacy)
Contaminant review to ensure the product contains no undeclared ingredients or unacceptable levels of contaminants
Special Requirements for Sports Supplements
In addition to certification under NSF/ANSI 173, supplements specifically intended for use by athletes are evaluated to NSF Certified for Sport®. This program helps protect against the adulteration of products and verifies label claims against product contents. NSF screens supplements for more than 165 substances banned by most major athletic organizations as well as undeclared ingredients including stimulants, narcotics, steroids, diuretics, beta-2-agonists, masking agents and other substances.
The NSF Certified for Sport® is recognized by the NFL, NFL Players Association, MLB, MLB Players Association, PGA, LPGA and Canadian Centre for Ethics in Sports.
A Truly Independent Program
NSF is the only independent, third-party testing organization that offers true testing of dietary supplements. NSF does not simply evaluate test data submitted by manufacturers or analyze just a single sample of a product and give it our okay. We conduct product testing in our own accredited laboratories to confirm that the actual contents of the supplement product match those printed on the label. We also check to make sure no unlisted ingredients or potentially harmful levels of impurities are present in products that carry our certification.
With NSF certification, you get the continued assurance that only our ongoing testing programs can provide. Unlike some other programs, NSF conducts annual audits and periodically retests each dietary supplement to ensure continued compliance against the toughest testing standard in existence today.
http://www.nsf.org/consumer-resources/what-is-nsf-certification/dietary-sports-supplements-certification/
Agree 100%, this is exactly the right environment to have a few low ball bids in. JMO
"Conversions are happening and then being sold. It shouldn't be surprising."
Thanks for the observation, didn't know that (decimal points).