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I would guess that they wouldn't have helped with the pump.
Gorbie...........Summas is a distributor of the product, not a sales agent. Those figures in the PR would represent just what they say.... "Summus Works, Inc. (PINKSHEETS: SMMW) announced that its outdoor sports wholesale division reported $468,638.98 gross revenue for the quarter ending September 30, 2006. "
It's gross revenue...not commissions and not profit.
Nice try at a spin even if it is weak.
No.............Summas is the distributor for Stocklie and that figure would represent total wholesale sales. They then would have to make a profit off that figure.
The auditors have them?
Some one posted a figure of around 10% net. But the PR must be wrong. The 3rd quarter should be the big one for a company in a seasonal business like this. Most Ski shops should be stocked and loaded. Gross sales must be higher...IMHO
THIS BOARD IS FOR DISCUSSING SMMW. INFORMATION POSTED EITHER POSITIVE OR NEGATIVE IS ACCEPTED. PERSONAL ATTACKS OR REPETITIVE OR OFF TOPIC POST ARE NOT ACCEPTED. POST THAT RESPOND TO PM'S (ONE WAY MESSAGE) ARE NOT ALLOWED. VULGARITY IS NOT ALLOWED. VIOLATION OF ONES PRIVACY IS UNACCEPTABLE. IF SOMEONE RECEIVES A PM THEY FIND OFFENSIVE IT SHOULD BE REPORTED TO MATT. WE WILL DO OUR BEST TO KEEP THIS BOARD ON TOPIC
Hustla...............Thats 3 things and #1 would do little.
#2 would have to be huge, as in 10's of billions
#3 would provide some good reading while taking a # _ .
I'd still bet that the "R" word will be used .......... soon.
Every one he talked too but this one.
If I help one possible newbie make the right decision......it will be worth all the time.
Ok..............will do a records search.
Gorb....The point is....I can't find the old companies....I can't find Dan or Nate...at least Not in a Steamboat local paper.
Oh....Lemmi guess.....Their in India, sking.
I did a search on Dan Burgess in a local Steamboat newspaper and this was the results....
http://www2.steamboatpilot.com/search/?q=Dan+Burgess&all=on&sortby=date
I then executed a search for Summus Works. Wound up with this result....
http://www2.steamboatpilot.com/search/?q=summus+works&all=on&sortby=date
I then plugged in Nate's name, PRRM, TV-18, 825 Oak Street and many others. Found nothing.
Lets all give it a try and see if we can find anything SMMW in Steamboat Springs Co.
Please post your results.
I hope so.....It would be better than most of the pablum posted here.
Gor....all that are here were non shareholders at one time.
Your 1+2 and ABC answers mean nothing and hopefully will show possible future investors what this company is all about.
Nothing
IMHO
pretzel Logic............The object of posts like his are to give others the hint that he has info that is secret to a select few large investors. You will notices that when questioned, there never is a direct answer, but instead some BS about shorts or a move to a higher exchange. This type of poster will never give you a str8 answer because if they did.....it would kill the failing attempt at a pump.
BTW....a Summas center was as I understand it to be a centrel office that took care of all SMMW business in that area. I would guess that future plans would see a cable station combined with a Skiers shop and production company.
And yes...1+2=BS
Why? There is not much worth taking over.
LOL...yer kidding ....right?
Sorry mugsy....It's an expression...." It ain't over till the fat lady sings " .
Here's an explanation.
: Whats the origin of the phrase "It aint over till the fat lady sings"
: bluffers' guide to opera.
: the last piece of opera is usually a large female vocalist. opera is apparently so turgid that people try to leave early on the pretext of thinking it is over.
The somewhat Runyonesque dictum, "The opera ain't over till the fat lady sings," is attributed to Anonymous in The Columbia World of Quotations (1996), which compares it to "Don't count your chickens before they're hatched." I think I've heard somewhere, "The fight's not over till the last bell." The saying is not about opera, but about waiting before jumping to a conclusion.
But as regards opera: the last piece in an opera is actually only rarely the fat lady singing an aria. There's usually a big scene with lots of people singing and sometimes moving about (a finale), in which the music may get pretty loud. It may seem a little turgid to some, especially if the opera is by Wagner, but that's not really the right word. Busy, confusing, noisy, might be more appropriate.
'''''''''''''''''''''''
She will be singing the Summas opera soon......
IMHO
And I was starting to feel sorry for you.............
ya didn't have to try and get personal.
Put him on iggy.
SOOOOOOOOOOOOOOOOOOOOOOOOOOOn!
The real proof is the SHO list.....and it ain't 9+ billion there.
It's not quite time for an " I told you so.", but it will be soon.
"We all know that Buyins.net is totally worthless in substance and opinion."
We do????????
LOL
So that would be the second or third time that they Pr'd they would be using personal assets for something.
You say that there's a lot of big money around summus and Dan can't come up with a loan for the 5+ million he was looking for?
I could get a loan for a million with just a phone call and yes it would be a little more work to get 5+.
It looks to me like the boys are broke and running out of shares to sell.
A multi media holding company and they can't get 1 loan for that amount. I guess the banks know about Dan's many court cases.
JMHO
I'd say just the opposite......slice up Summas for the BOD'ers, or shall I say the prefered share holders. Then go back to my little ski shop and drink beer. He got in a few good parties and a free trip to the Olympics. Cleared up a few bills and law suits along the way.
Every one involved is happy.....except for the shareholders of coarse.
JMHO
BINGO!!
She's sinking Gorb and you've been bailing all along. How many more to go?
You say 9 billion and the SEC says around 50 million.....
Now who should I believe????????????????
It meant nothing, but looked good in a pr. The previous owner of this shell/company was Asstrom.
He sold many times over the AS of one of his companies. When he was caught, all he said was " DUH " and RS'd the problem.
You never know.......it could be in the manual.
Reduction of the AS from 100 Billion to 80 billion.
SMMW.......................
So Much Money Wasted
Thanks....I felt it was as good, if not better than yours.
Gey real....Dan's idea of a buyback is returning a truck load of empties to get a new case of BUD.
A Run..... LOL I'd bet you meant bid.
Hope???? Based on what?
The Audit?
The Share Buyback?
Skiers Shop?
A Stock Divi?
All the TV Stations.
A Line of Skis and a Touque?
The rants and dreams of a nut?
Pr after pr and promise after promise.
They announce a buy back and the OS goes up?
Dan owns 50 percent of the stock......but nobody knows if it's the float, The resricted or the prefered.
PM's flying fast and furious with all the inside clues.
You've got hope......I'll bet it's the hope you can sell.
GL
JMHO
I'm guessing RJ's starting to have doubts.
Go to..................
http://www.sec.state.vt.us/seek/ucc_seek.htm
file # is 05-189733
Oh........and there's a lot of " Winners " here.
whatshisname............Dan said 50%, but never said of what.
The float, restricted or prefered.