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Fathercainz,
You are a legend, a trailblazer, you will make Monday, February 22nd, 2010 go down in PIHN history as an epic day of legendary proportions.
You wil buy 50MM shares of PIHN, all at the ask, in five equal buckets of 10MM per share. Your massive buying pressure will skyrocket PIHN through the .0007 resistance and up to .001. When folks talk about PIHN years from now, it will be the name of Fathercainz who all mention and laud for breaking us out of the trip zeroes for good.
PIHN is a raging bull, it can not be stopped. Years from now when I'm retired, in my early 50's, and I have my grandson on my knee, I will tell him the story of how I made my first million, and about the brave warrior Fathercainz, who bought 50MM at the ask, and made himself wealthy as well, but who of course sold his 50MM at the ask. Fathercainz created his own 11th commandment - though shalt not bid whack.
In all seriousness, best of luck to you on Monday, Fathercainz. Let's make some $$$$$
I got a half fill at the bid of .0005 so I did my part and got the other half at the ask of .0006. I’ve been watching this one for a while and would not be surprised if some whackers dump EOD at .0004 and leave me in the red, but I’m of course hoping that won’t be the case.
This stock is a good buy here. Undervalued and oversold. Is Sanhe worth $25 million? No. Is it probably worth about half of that, about $12 million? Probably. That puts the stock price at around .0032, not taking into account Shot in the Gas. Buying in the .0026 range seems like a good value. I know lots of folks have lost some coin here, but there's definitely opportunity here.
Gulfcoastrob,
With all due respect, because you do a great job here, can you please stop getting everyone's hopes up for an 8K today or tomorrow. Yes, SKGO has posted dozens of filings on pinksheets, and yes, they want to be fully transparent, but they are NOT in trouble if they do not file an 8K this week, or even at all. This is pink sheet land. Companies don't file 8K's all the time. I'm concerned that the dumpage that has been going on here will be mangified if you get everyone's hopes up for an 8K and it doesn't happen. No where in the PR did SKGO say they'd file an 8K. They said "pertinent info related to Snahe". I am hopeful for the 8K but please don't repeatedly post like it's a given. Thanks.
Will close Monday at .0135
And sure enough they filled my order at .0185 then dropped immediately down to .018. Nice.
Are the MM asleep this morning? I put in a buy order 15 minutes ago at .0185 when the bid/ask was showing .0181/.0185 and it still shows the same bid/ask – not showing my bid, not filling my order. What gives?
Good CC. Much better than I expected. The CEO was well spoken and answered the questions well. He did not seem like a salesman but rather a good manager with big but realistic ambitions. He didn't remind me of a certain fixture making CEO who watches level 2 and reads iHub all day. Sure this company could be a scam but after the CC I highly doubt it. Lots of folks posted good tidbits from the CC so I will only add a few more points. The CEO stressed that the infrastructure (getting licenses and permits in China, building up inventories and distribution networks, etc) is now pretty much set and it's up to the sales force to pound the pavement and get more stores as clients. Based on a figure of ten stores 6 months ago versus 300 stores now, this is great growth, IMO. His target of 1,000 stores by year end 2010 seems plausible. Someone on the CC asked him if any bigger companies were looking to buy them out, and he said that they've done all the hard work to get the car up and running, and he doesn't want someone else driving the car. I liked his attitude here and the way he took pride in his hard work and how he wants to be the one to guide the ship. Someone on this board asked if any public companies had 1MM in sales and 1+ billion shares. There is a caveat emptor gas exploration company named after a Portuguese explorer that has no revenues and at least 8 billion shares (and possibly 20-30 billion) that hit .0033 last May. GDHI has real revenues and appears to be growing nicely. I'm averaged in at .0033 and am not concerned with my investment one bit.
I've watched this all day. I want those 6.5 hours back.
Someone please slap that ask and get us moving. I'm out of available funds or I'd oblige.
yay for power hour. woo hoo.
Could someone post L2? Thanks.
.004 bagholder here.
I'm a novice to penny stocks (hence the bagholder designation), but isn't it true that GDHI management can't announce big news on a CC unless they PR the info first? Not sure if penny stocks don't have to follow the rules, but I thought it was considered insider trading if they didn't PR news to the world prior to PR'ing news on a CC. I'm not saying GDHI plans on doing this but rather that if there will be any good meat on the CC, then expect a PR shortly before it, probably after the bell as well, since that's been the MO as of late.
Good morning all. Let's get some more OS declines and some GREEN.
Hi artfink,
When you break up the file, can you also send to me? Unfortunately, I was unable to download the pics each time the link was posted as the max DL had already been exceeded. tziss@comcast.net thanks!
Hey momo, can you clarify who you spoke to? I show the law firm name to be Vincent and Rees, and the website names a David Rees as the founder. I would imagine Vincent is the other partner's last name. Is there really a Vincent Rees and is this who you spoke too, or did you talk to David Rees? Thanks.
http://www.vincentrees.com/founders.html
Is this my opportunity to get out at .0002, or should I be having much loftier goals?
Phrantic, thanks for the link on R Mark Lundquist. I did some more digging and it looks like he and his wife Eileen Landy Lundquist both graduated from PSU's Dickinson School of Law (he in 1980 and she in 1982) and they also have a law firm together called Lundquist and Lundquist PC in Oley, PA. They both have clean records according to my searches and they each donate to their alma mater (this means nothing really other than that I am obsessed with researching as much as I can about QASP and the players). I would hope that Mark would not flush his repuation (and his wife's) down the tubes by being involved in a pinky scam.
http://law.psu.edu/_file/Dickinson_Lawyer/Summer_07.pdf
Thumbs up on IR being comfortable with hitting previously stated PR goals. Thumbs down on spelling "counsel" and "patience" wrong.
Ha ha, that's my sell order at $5. Love seeing it on L2!
That's how i read it - reverse split then issue another 350MM shares. I love how they clearly state/show that the insiders already have just over 50% ownership so the regular Joe vote doesn't matter - a "yes" vote is already in the bag, and the regular Joe is left holding said bag.
Was just about to post about this. I received this email from Ameritrade at 2:50 AM. What is odd though is I could not find it on Ameritrade under PDPR. There is also no mention of this on yahoo or google. I wonder if there will be a PR about this. I’m the one who dumped the 1,166,666 shares at .0015 for a small loss (bought at .0017). These penny stocks are killing me with the RS. First EPGL now PDPR. I am a huge fan of what PDPR does but this 1-10 RS is going to kill shareholder value in the short term. After the name change and stock ticker change I may look to get in at a lower price. Good news may be on the horizon but short term I needed to get out and will get back in later if I can. If I called this one wrong then oh well. Good luck to all.
I noticed the stop sign yesterday. I don't blame pinksheets one bit. The 3rd quarter is complete and the 2nd quarter financials have yet to be released/uploaded. Pinksheets is doing the right thing. There is no vendetta against EXPH nor is EXPH being treated unfairly here. There has been ample time to release 2nd quarter results. My best to JD and his dad.
JD's PR's as of late have been kind of weak. I think that feeds into people dumping at the bid to get out. There is a lot of positive on the horizon but much short term uncertainty. People don't want to lose money, or they want to protect their profit, it's that simple.
I do not buy into this "special circumstances". I have two kids and daycare expenses and a mortgage and car payment etc does that exempt me from being able to dump my shares?
I just talked to Ameritrade. They said they are aware of the MXMI dividend but they do not currently show an ex date (record date) or a payable date. This concerns me. According to the company PR, the ex date was 8/31/09, and the payable date was 9/30/09. I want to think that the TA is late in delivering the shares, but the above concerns me. I'm long just over 200,000 shares so go ahead and call me a basher if you want. I like CraigT23's information better about the dividend being in the TA's hands and will be delivered soon, so I will hope that is the case.
I agree 100%.
Saying you're dissatisfied with sales is completely moronic.
There wasn't a better choice of words? Did the PR need to go out right away like that?
"I will keep the stock in very tight Spread so the Couple of big longs here that have around 20 mil to 30 million shares will not be able to flip it. Since I spoted their BS I steped in.Tight the spread."
Taki, you have the capability to keep the stock in a very tight spread? Or did you mean "It" instead of "I"? Not being a jerk, just looking to confirm. I know you talk to JD a lot and have posted on his behalf so just checking...
Please ask him why the delay in Q2 earnings. Q3 is almost over. JD has taken many steps to shed the "pink sheet" stigma via a webcam, frequent material news updates, as well as posting of financials online. I see no reason why Q2 financials would not be uploaded yet. If the Q2 financials are not very good, or not as good as Q1, and/or if Q3 are better, to me it doesn't matter - Q2 should be posted in a timely manner. I am of the opinion that he wants to post Q2 and Q3 at the same time because Q3 are better. That, to me, would be a step away from trying to be a fully disclosed company with nothing to hide. I am long EXPH, but skeptical right now.
I'm sure his misstatement was an honest mistake. Pesky dollar sign got in the way.......
"They sold $2M shares just last Tuesday. Clearly your statement is untrue."
False. Please provide proof of $2M worth of stock sold. That is not even possible without increasing the A/S.
A penny stock alert service just emailed me four technical picks for the week and EXPH was one of them. Not sure if that’s a good thing or a bad thing.
I've been doing some DD about this company - sorry if this was already asked - but is there a chance this company is not actually active? This is what I found:
Ibx Group, Inc.
Incorporated by Yoshiko Tomori Shale, Ibx Group, Inc. is located at 2999 NE 191st St Ste Ph2 Aventura, FL 33180. Ibx Group, Inc. was incorporated on Monday, July 28, 1997 in the State of FL and is currently not active. Yoshiko Tomori Shale represents Ibx Group, Inc. as their registered agent.
Source: Public Record data - Department of State - Division of Corporations
http://www.corporationwiki.com/Florida/Aventura/ibx-group-inc-2741546.aspx
When do folks think the 2nd Q results will be uploaded to Pink Sheets? I know JD has a lot going on, but I really want to see a commitment to on-time financial disclosure.
I love this company and am long but this PR is kind of cheesy fluff, no?
Forgive me for the dumb question, but where are you getting the .50 valuation for each MMG share?
I am a bagholder until the next run. Got in at .0015. Sigh.
I think the product is a reclining lounge chair with a built in toilet – JD is turning Homer Simpson's invention into a reality!
Too funny. Hey springroll. Nice to see you're holding strong.....
You can knock that float down to 199 million because my shares aren't trading anytime soon!
I wonder how many total shares are held by "long term" Ihuber's?