Subscription Expired 04/04/2024 10:40:56 AM
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Nothing like using the same line over and over.
I hope these clowns have a lot of personal assets.
Summus Works, Inc. Proposal to Purchase Up to $748,000.00 of Common Stock
06.09.06, 9:14 AM ET
"….The Board will discuss its lender financing options, secured personally by Company officers and members of the Board, committed to eliminating once and for all the one-sided quote and sideways movement of the Company's stock."
From today’s PR:
“…to utilize personal assets and real estate holdings to secure cost effective financing to expedite pending and future mergers and acquisitions intrinsic to the execution of the Company's vision of growth.”
QUESTION: If Dan couldn’t raise money for the buy back of SMMW stock in June, how is he going to raise money for future projects. All he does is sell more shares to get more money to run a faltering business. Todays PR is another attempt to say anything, no matter how outrageous, to get the PPS to move.
Lets continue: This from a July, 20th 2006 PR:
“…Management emphasized that the Board's initial decision to secure financing for the VVV buy-back, secured personally by Company officers and members of the Board, exhibits irrefutably its commitment to increasing shareholder value and the elimination, "Once and for all, [of] the one sided quote and sideways movement of the Company's stock."
This from a July 27th, 2006 PR:
“…announced that in a special meeting, its Board of Directors unanimously approved a $400,000.00 increase to the Company's previously announced…Management reiterated that the Board's decision to implement and increase the VVV buy back with financing secured personally by Company officers and members of the Board,…”
QUESTION: Did any of you notice the OS went up instead of down? Of course you did. How does this relate to todays PR? Consider what may have caused the share buyback PR's to be unfulfilled:
1) Dan was unable to obtain financing to buy back the shares. e.g. Bad credit history/court collection cases torpedoed any effort to raise funds.
2) Dan never intended to buy back shares. Rather the PR was to help move the PPS only.
3) Dan wanted to fund the buyback with assets but did not have the assets to pull off such a maneuver.
So, what does this mean? Well, if you’ve been watching SMMW for awhile you should be asking yourself, “If Dan couldn’t pull off funding via personal assets for the share buy backs, he PR’d, why should we think he’ll get funding with personal assets for this PR?
Once again, this is nothing more than another fluff PR to move the PPS. However the PR has no foundation to effect a change in the PPS.
Keep in mind that Dan has played this card so many times before that no one believes him now.
Note#### This post is made up in part from another post. Please do your own DD.
I'm sure they have a select few that they talk too. It helps with their plan.
It's all in the phone records.
Time will tell.
You can't lose what you didn't have.
Bobby......................do you filter your "shine" using wild mushroom filters?
Dans loaded and gorbies stoned......................Just who is running this damn company?
Sober up Dan.
Sounds like the boards in on this with Dan and this is a last ditch pr to stay afloat.
vz ³....I was responding to a PM regarding another stock. Sorry for the confusion.
Muggs.......
It's not about me....It's about SMMW.....
I's agree with that if the company was selling a product or concept that was hard to evaluate.
It isn't that difficult to estimate the value and revenues of this company. The killer is the massive float. Yes a stock reduction is always possible, but if the company has the revenues to complete the buyback...why is the os increasing?
Rj....per your PM.........
I keep hearing that Dan owns a pile of restricted and free trading.
Seems to me, that he was dumping into the pr's and the attemped run or longs were bailing.
Personally...I think its the first.
20 and dropping
Mugsy................I was responding to a question from a poster there regarding phone calls.
Although I believe that there is a number of " insiders " that post on both boards, I have not done an investigation to determine who they are. Thats not my job.
When you own the board........I just might tell you.
Nope................Always like to see if I was right or wrong.
I lost about 20 bucks in trading fees, so I bought my ticket.
It paid to book early...I got off light.
A moderator should know and follow this.
Investors Hub Terms of Use - Simplified Version | Detailed Version
Post about stocks.
Be courteous and respectful of other folks.
Post about stocks.
Have fun.
Or find somewhere else to post.
Farf...............I did that a year ago...........and bailed.
You own shares............." Heeere's yer sign "
Yep.........he said that when it was under 70 billion and now its close to 80 billion.
Maybe he meant 160 billion.
1. Huh? 2. None....
IMHO
Gorbie........ "Summus Works, Inc. in Discussions to Acquire $2.5 Million Revenue "
It's a discussion....could of happened in a bar.....
Drunk #1 babbles...I have a company worth 2.5 million...hic
Dans answer......I should buy it.....
Drunk #1.....but you don't know what it does.....
Dans answers......don't care.....makes a great PR.
So..........it's been about 6 months since that PR. I guess we now know the address for the one in Colorado and the cities the other 3 will be in.
Anyone got a link to them?
They do........link?
Link...........?
The shorts....If there is any, have all the time in the world.
The audit, if ever released will not help. The DVD, if ever sent will not help. The buy back, if it ever happens will not help.
80 billion....60 billion....20 billion
To many shares for a company thats worth less than 5 million bucks.
To many promises and to many worthless pumps.
Job offers still open.
Is he signing over the condo he lost in one of the suits?
Thats a list of brokers and institutions holding shares for their clients........yery lame.
Gorbie...............when I wake up each day, I spend 15 minutes mucking out the barn. I'm looking to hire someone just for that duty. You'd be great for the job. And you have your own shovel.
Go smmw
RJ.................
In response to your PM......
I lost a bit on that one as well but not enough to teach me a lesson. I expected to catch a ride on smmw, but soon realized the driver was confused and lost, because he was drunk.
Look at all the PR's and promises. Write them down. Then go get a bottle of Scotch.
Now read the list and down a shot for each one that is completed an verified.
All done?
Now if you hate scotch, your probably happy, but really need a drink.
If you like scotch....have one anyway.
Really....................so QBID, NESS, NRES, and CKMX WERE ALL GOOD STOCKS....WHODA THUNK
Doesn't he...........
I guess there is no toss for a group attack or general name calling.
You will receive a pakage in the mail.
Inside will be a Jewel case and the picture on the cover shows Dan frenching his horse. You open the case and discover you have been sent an empty shell.
To da moon Alice!!!!!!!
Mugsy..............when I did a search last year on that property, I believe I discovered it was a small plaza. With a Pizza shop in one of the units.
I'll admit that I should avoid trading while drinking...that goes for math too.
Lemmi guess..................
You like fluffy things.
Well....when you put it that way..........
That coming from the guy who said this......
"It is 7.42 cents. Your math is fuzzy today. LOL"
I think I'm closer as there is no bid.
He's the silent but deadly type..........don't lite a match.
No, it's $ .00742...less than a pennys worth.