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Yea, here's the REAL stat:
According to the National Survey on Drug Use and Health (NSDUH), an estimated 20 million Americans aged 12 or older used an illegal drug in the past 30 days. This estimate represents 8% percent of the population aged 12 years old or older. - Alcohol & Drug Information - NCADD
12 and older. And they want this company to fail.....unbelievable.
That may happen in the future, and thats why I keenly watch McKesson. They seem to buy some key companies as well as owning the HealthMart Pharmacy chain. RXSF is already in there, so maybe some day. I think its too early, but who knows in another year. If they get their professional Safedose and Mydose products approved by the FDA, thats as good as any pharmaceutical company get a new drug approved. So waiting for FDA application news. That will kick off a whole new chapter here as well.
Didn't the CEO say something about an online retailer, and doing an in store program as well with that same retailer? Hmmmmmmmmm. I just keep thinking about the number Cheeky posted....7700 stores. The way I look at it, the CEO is cleaning house and starting to drive marketing and sales now by taking a single HUGE step. And thats called CVS!
It may be at a bad time, or its the best time. The R/S news itself shed some flippers, others are hanging in to the end, driving this down, to squeeze whatever they can out of this. But I like what she is doing on every level. It takes time to develop fundamentals. It doesn't happen over night. There is a process and its a long one. Real experienced people know this.
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BKRT is the real level on the ask. They outplay NITE every time. NITE is flipping scraps right now along with regular day flippers to try to squeeze as much life out of this stock until it's reborn.
Actually, no one can really tell. It's suppose to be the debut of THE CARD. Whatever form Chaya decides that will be. Maybe another photoshopped picture? Not sure. But I can't wait.
We agree on something. This is an artificially low price purposely being held down. I think real investors see that, but I agree, dz95 is a good pre-split target.
Kgs, it kills him to recognize the situation now is completely different then what it was a decade ago. Let's recap from the facts. late 2008 - market crashed, they lost $8M in funding because of the market, they put in $600K of their own money in the face of $4,500,000 of convertible debt to try to save the company and did the R/S as a last ditch effort in January 2009, but no one was funding anything still at that time. All after selling over $14M in products, with the Masterlock name on it through Home Depot. Facts are facts. Sometimes the recitation of certain facts without the background are done with the intention of painting a picture only certain people what to paint - for obvious reasons.
I really think this issue has be beaten down enough already. Time to move on. Non shareholder out to hurt management and other shareholders. Paid, vendetta, disgruntled, whatever, the CEO was right. Nothing more to say about this.
I consider myself a real "outsider" here, thats all. Thought maybe you had a direct line. If not, maybe they will see the post. Thats all.
Funny how that sounded. But I understand she is. (both of them)
Time will tell, and I guess the game playing is why the R/S is happening. Will just have to wait and see. IMO, market cap should be at least $15M. $700K is a joke. After a while, the selling into news will come to an end.
Other similar companies, yes, even ones with no revenues, have market caps of $25,000,000. This stock should be at least .50.
Who would jump the ask? Thats the question that needs to be answered. Who has so much stock (or not) who can do this every single time some momentum starts. Looks like serious manipulation. If a trade is at .01, why not put your ask out at .009 and see if there are any bites? Wouldn't you want to make MORE money?
I just heard from a colleague that the CEO of RXSF has been trying to reach your CEO. Please pass this information along as I have. Her name is Lorraine Yarde.
Unfortunately, this CEO can fool investors who are hoping for the next best thing. She can't fool people in the industry, and hence, keeping secrets is keeping face. If she has something thats real, it would have been revealed in the filings, especially all of the prep for releasing such a product. You would have more details about use of prior investment from the relatively large raises it has done, would have heavy costs associated with engineering, etc.... NONE of those things are there. Now, if she does, then she violated SEC disclosures by NOT disclosing those items. I can't say for sure, but in 9 days from now, I am sure that dented can will be kicked further down the road.
Buenos Aires, Mass Production overseas.....and now, another company she is going to take public? Why, this one has run its course? She is disingenuous at best. I think too many people have let her slide. 10-15 years now? Like LighteningMike points out, if it walks like a duck.....quack, quack, quack.
LIKE THIS? Are you sure?
SmartDatatel, Inc. is a technology company founded by Chaya Coleena Hendrick in 2011. The company is registered in the State of Nevada and is at this point in time an unlisted public company.
The business of SmartDatatel is in the field of connective devices that allow for secure transactions and the safe pasage of data between devices. Using its technology, SmartDatatel has under development and will be soon manufacturing and selling a range of state of the art devices that will provide the next generation of security to many mobile systems including SmartPhones, Pads and Portable computers.
SmartDatatel product line is the result of the inventiveness of its founder, Chaya Coleena Hendrick. The other comany she founded and that is publicly traded, SmartMetric, Inc. has as its focus on biometric activated cards. SmartMetric's manufacturing requires specialized purpose built assembly machinery and as a result SmartMetric has had to make its own fabrication plant which is in Buenos Aires, Argentina. SmartDatatel, Inc. on the other hand, for its products, does not require specialy designed manufacturing plant so it is able to have its product manufacturing done using standard electronic assembly, plastic manufacture and regular mass production processes.
The engineering for SmartDatatel, Inc. is direced by Chaya Coleena Hendrick with support engineering from its offices in Israel and the United States. Product release is scheduled for the second quarter, 2012.
Exact details of the products under developmen by SmartDatatel are not made public as yet. The company upon releasing details of its first product release will at the same time file a registration statement with the SEC to provide for the listing and public trading of its shares in the United States.
I would guess it would cost close to $7M to set up a fabrication plant and tooling to develop this card. Show me.
They have 10 days to PROVE everything to me. Battery in card power to generate and hold enough energy to run the processor to do the matching and manage flash storage - because thats were the code resides after you register your finger), worlds smallest swipe sensor NOT THEIRS - (another HUGE goof because no one is going to "swipe" their finger on a card, even after its inserted into a POS terminal - Thats why Zwipe uses an area sensor and its card is contact-less) - but we will see. 10 days.
10 Years of Data Breaches, how about 10 years of shareholder breaches? Or are we not suppose to talk about that. I don't like Zwipe, but it seems to work well and MC is expanding its program. But thats when you have a real fingerprint technology partner. Here, I still see absolutely nothing.
Guys, measure the company's progress from the end of this summer, not actions in other companies, under much different conditions and circumstances going back 15 years. This is an RXSF board. I like that they have now started to take active steps to sell their product. They already proved they can sell to the government ($50,000.00) in a single order, and now one of the largest pharmacy retailers is carrying its product. And thats just on the consumer side. They seem conscientious to slowly develop programs and products that can amount to real growth. And at least i understand that takes time. The guys in a rush here, are the guys who want a quick turn around. If they can't get it on quick sales news, they create negative news so they can short and quick flip. Some people here would have done thing differently, and they are the ones bringing negative attention. You can see sides being taken up here, shareholders v non-shareholders. Its easy to see who is on what side. Kind of amusing so far.
BKRT must know something. They appear only under 2 circumstances. Active seller or waiting at what they feel is the next level.
Yup, and lets review what has happened since - 2 new medical device products both eligible for FDA 510K certification, new nationwide retail agreement with CVS, technology improvements to its safe, paid back some convertible death knell notes.......I say they have come a long way since that last Q.
Agreed along with this administrator. Don't worry the compsny has aggressive counsel.
You think they don't already have a post split plan? I think the CEO has already alluded to one. I don't think she cares what the stock price is at the reverse. I think she has her eyes focused on what transpires afterwards.
Tell the whole story Dave. They now have stock (assets) as well as IP that hasn't been appraised yet. Their contract manufacturer is in China just like Apple. I actually think you are jealous.
Info is over a year old. Just keep slamming it to her Dave. You wouldn't even acquire 2 safes but you said your 15 year old clerk could sell better than the CEO. Not 2 safes. I think CVS will sell slightly more than 2 safes. They already vetted the product and the company. But you won't put 2 safes in your pharmacy to sell. What a joke.
Tweet out too. Says CVS is "stocked and ready to deliver". Guess that means inventory (assets) and distribution (McKesson). In-store program starting soon too! Looks like 4Q revenues!!!! CEO says its the company's "first retail sales program". CVS has 7800 stores.!!!!! IMO, it was worth the wait!!!!!
Joker, you made my day. Thank you.
Waiting on the PR to announce the secret industry meeting, with secret industry partners, for a secret industry leading product that has secret industry leading biometric technology.
Yup. Its actually called credibility. Its a huge process to get your product accepted by CVS at the pharmacy level. I have 2 very good friends of mine who are pharmacists as CVS and all new products go through rigorous testing and an approval process that takes months. I also think McKesson and Cardinal Health supply CVS. I am sure she needed to develop that distribution chain as well before CVS accepted the product.
My hat is off to her. Lots of people try cutting her down and she just keeps coming at you.
Probably borrowing stock to hold it down, waiting on news. Thats usually the shorter/MM scam here.
Well I hope to not find myself in that situation. Time will tell here. And I had bought 20 safes and gave them away anytime I wrote a scrip from a pain med when I knew my patient had a young child at home. It was my way of doing something good for my patients. I was paid well enough for my services, so for me, it was a way to show some responsibility. Nothing more.
Its only legitimate news if its true. Let's see at the EOM.
They are trying to walk it back down.
Exactly. Absolutely 100% in the money.
According to my broker at MS, he said thats EXACTLY what the larger and more prominent institutional bankers want to see in the medical device market.
LOL, check out Oncosec. Reverse split, uplifted to NASDAQ with no revenues, THIS YEAR!
THATS ONCS on NASDAQ!
Oncosec - NO REVENUES - did a R/S and uplisted a few moths ago from OTC!
All of those big offers are a sham. Its NITE playing the short/flip game. Nothing more.
Hmmmmm, this got me thinking. Maybe a little analysis. Sell now and take losses, or wait. Bid is at .004 After the split it would be .80 NASDAQ listing requirements is $3.00 share. I believe the company has the plan and resources lined up to do this or they wouldn't be doing the split to begin with. That could be 4x money. Playing .004 to a penny, thats only 2.5X money. Maybe a penny is a ceiling here right now. Maybe $3.00 is a starting point there. Just a thought.
Flippers, not actual shareholders. LOL
Rinse, wash, repeat....funny mantra you guys have on the pinkies. LOL. I am SURE this move would not have been made unless there is a much bigger plan in place. But you guys don't really want to wait for the split....so GET OUT NOW.....off you go........
The more of you who get out now, the better it is for the supporting shareholders like myself. This is a long run, and the short game is being taken away.
And I just got a call from another shareholder who told me to hang on after the split. He said "tightly".