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500K on ASK at 0.0185 bel9w 9ffer at 0.019. Looks like someone is trying to unload a bunch of shares just purchased at the bottom last two days or someone trying to encourage more selling.
Does CDEL do any trading beside retail? That is a bizarre offer coming from them relative to trading/competing offers. 500K on a ticker like this is a lot for your average ameritrade trader.
Mgmt and BOD seem to have zero interest in PPS or outside shareholders. Looks like they are letting rhe price collapse to take it private like they basically did with Netwolves.
Call/email the CEO and express your c9ncerns and frustrations. Hopefully you will be impressed. More than likely you will feel about the same as after one of the pathetic quarterly CCs
Who still is putting up 40MM shares...? I realize some have sold f9r plays elsewhere in the hopes they can get back in at 1 before it moves but how many are there? It's only $4K but if someone has waited this long- why not another month?
Hopefully we get the 2017 results in next several weeks and 1Q and 2Q18 10Qs shortly thereafter to confirm revenue trend established.
What came of the company asking for shareholders to email them? I sent an email and they have left me 5 voice mails since asking to call them. That was after I replied by email saying I got their VM and to just email me the details and then I would schedule a call back. I only have a couple million shares left from around 12MM that I sold on the last mini run a couple years ago so I wasn't going to spend much time. Now that volume has picked back up and a BID building, makes me wondered what they said via phone to shareholders that they wouldn't put in print or publicly disseminate.
I made the same argument previously about not spending the money for 2016 if no plans to not file 2017. But how l9ng does it take to put out a straight talk newsletter informing shareholders of the delays/issues relative to original goal of being current 1Q18? It just injects more volatility/churn without. I realize they have no interest in appeasing day traders and such but long term price escalation needs more l9ng term holders at every step of the way.
Just a couple paragraphs addressing delays on filings, update on current revenue streams, and commit to time frame for next update and then stick to it.
Another 60MM on ASK at 1 at close. Disappointing. While the goal was to get current by end of 1Q18 - it would be much appreciated if the company would address what is still holding them back from getting 2017 10K and 1Q18 10Q out. 2017 results should just have been needed adjusting/restatement and then audited to be released. They should respect the long term shareholders and address this quickly and specifically.
As I much misinformation and manipulation on here. D9nt know how many messages I have read saying they received emails saying the PR was fake and it was real. Why not show the email?
I have left 2 emails with company info@therapycells.com and received no replies. Left voice mail at contact number on main site. No reply. What emails/telephone numbers are you using to get a response?
Accesswire HAS let bogus PRs through. Other companies have provided retraction (TPAC recently). This one seemed suspect at best with limited details, no contact info, poor wording, etc but I've seem much worse that were real. Either way, it is absolutely encumbent upon the company to definitively and publicly put the question to rest. In conjunction, they could use the opportunity to update shareholders on what IS happening behind the scenes.
The good thing for HCTI - it takes a very small slice of that current isocyanates market turned to non-is9cyanates to make a very big impact on the company/financial picture. So-they don't need to move the market to be successful just need a few solid wins.
Difference probably comes into how they are defining rigid. Bouncing back/retaining original shape after a force is applied (crushing structure vs bouncing back) or holding its own shape with no supporting structure. Either way, there would be substantial mounts of many foams in cars between the seats, headrests, padded restraints, dashboards, panels, etc. Maybe Darin could shed some light into which foams they have been working directly with.
Suppliers I work with manufacturing seats and headrests do those in set molds - not extruded.
as a large shareholder (9 figures and growing), i am definitely excited for the future. however, buyout talks and valuations over a penny start becoming ungrounded in real numbers. PE ratios dont apply to companies like this (developmental stage/commercial launching) as there are generally no profits and/or they are being plowed back into the company in the form of R&D, production, expansion, etc. further, developing/launching companies DONT want profits early on because of the tax consequence. better to plow those profits back into growth (unless they have substantial retained losses to offset them with). P/S ratios have more of a basis in reality for a company like HCTI. right now - they may end up with $1-2MM in revenues in 2018 if estimates on here are accurate - that does not equate to a penny let alone dimes or dollars. however, the forward looking trend of the exponential increase will be assigned a multiple. THAT is what investors at this stage are counting on.
as far as buyouts - those are usually predicated on existing sales and/or current P/s ratios. potential does NOT definitively translate into success. many superior mousetraps never made it to the market due to poor marketing, distribution, communication, ability to scale up, and often - capitalization. instead, they get pushed out by "good enough" mouse traps that are better positioned by established companies. if one of these more established companies realize they can not poach/replicate the design due to iron clad patents or such - they may try to lock the competitor out of the market through various legal challenges, incentives to distributors, etc to starve the company financially and then pick up for cheap out of bankruptcy/desperation. or - they may try to buy them out very early and scare owners/shareholders of all the things that COULD go wrong (all the above) if they do not sell "now" and the acquirer uses meager P/s ratios due to them assuming the potential risk of the product NOT making it to the market.
so - the company has to weigh the real potential of making it on their own vs being under capitalized/not having distribution infrastructure to scale up quickly enough to seize/command market share and be a true disruptor in the industry. this is where volatility will come in as long term investors start betting on that potential while the traders take advantage of volume and nervous long term investors. as a long term investor of the company, i would prefer them to ramp up revenues substantially before entertaining a buyout. assuming AS stays relatively constant, we are much, MUCH better off on a P/s ratio with $20-50MM in revenues vs $1-2MM. those ratios are proportional so the buyout offer would generally be 10X higher at 20MM than $2MM. if revenues are continuing to grow exponentially at the $20-50MM rev standpoint, P/s premium could increase more as the larger manufactures (PPG, Sherwin Williams, etc) look at the cost of "losing" this technology to their competitor and thus increase the bid.
right now - if we really want the price to move - we can do it as shareholders. there are currently 571MM shares at 2 on the ASK. more than likely - with any real volume, half or more of those disappear immediately. more than likely, there is still a heavy shorting presence keeping this down that would quickly flip if/when buying gets serious). assuming half, that leaves roughly 300MM. based on this board, i would assume there are at least 50 "serious" long term investors here (ie - have more than a couple hundred invested as a lottery play). if we each committed to buying only $500 of 2s - that is 125MM or closing in on half of the real ASK. if $1000 - we more than likely knock out the 2s just by ourselves WITHOUT any external force (PRs, 2017 10K, etc). so, do shareholders want to cause this squeeze on our own? 170MM on the BID at 1. how many of those start buying at 2 off the ASK if volume goes up in earnest? further, if outside entities are tryign to slowly buy up 1s as short term traders get frustrated and move on - will they wait for those buying 2s to get frustrated and sell at 2 or back to 1 or do they start moving to secure positions...?
ultimately - it depends on how much risk one wants to take and if you want to move out the manipulation at these levels and move the stock to levels where it can trade more on fundamentals and potential than be manipulated by a couple of groups taking advantage of short term traders very short time horizon for holding.
Seat cushions and head rests are NOT rigid foams. Semi-Rigid foams would be what would be found in newer dashboards. they give it that certain amount of "give" in these dashboards vs the older plastic ones that were very hard and made a "knock" sound when you thumped it with a knuckle (and would easily crack with sharp force). they are also used in door panels, bumper cores, headliners, and as sound barriers/dampeners throughout the vehicle.
then thinking about rigid foams - think about styrofoam. it will hold its shape and can be easily moldable to whatever shape desired (think bumper core or packing material for an appliance where it perfectly fits). non rigid foams will expand to the size of the container/wrap that is containing them or until they have maxed our their size. these will be low to high density foams. low density foams are very easily compressed where high density foams take more force to compress them. a mix of these are used for comfort, structure, and safety depending on the application and force.
for example, helmets usually use a mix of low and high density foams. the higher denisty foams will be closest to the hard shell and the lower density foams closer to the skin. they compress very quickly and provide a comfortable fit where the higher density foams compress slower and provide more resistance upon impact. using a mix provides better safety protection as well as comfort. they can also be a mix of open and closed cell foams. open cell foams tend to be very light will hold water (think of a sponge) where closed cell foams do not (pool float/mat) and tend to be very heavy.
semi-rigid foams are in between. they will not expand to the size of their container and will hold their shape - but they can not support their own weight. think about picking up a large sheet of styrofoam for insulation. it will not bend when picking up (there will be some deflection but a long wooden 2x4 would also deflect in the same manner). without the vinyl/leather wrap - the foam of a dashboard would provide significant sag even though it wouldnt be expanding. Where as a large "sheet" of foam used for headrests/seatcushions would just bend right over if you tried to pick it up (no internal support to the structure).
a typical automobile will have a wide variety of foam applications throughout - specifically the semi rigid. again, they will be found in dashboards, door panels, trunk panels, headliners, etc and used for a mix of safety, soft structure, and sound deadening. where the isocyanates play a critical role in autos is in any type of accident/fire where there is significant heat that can cause these to smolder (before burning). someone trapped in an automobile is at risk to these fumes as well as safety personnel. to a lesser degree - anyone cutting through them with high speed saws would be exposed to the dust (though safety personnel would more than likely have full masks/respirators on at the time. biggest threat is really in the manufacturing process and those in the plant who are exposed to residual fumes during the molding processes. it would eliminate those directly.
You referring to the 2016 10K or 2017? SEC site only shows 2016
It's only $8k but that 80MM share buy wasnt just a head fake. That is real interest. Very possibly positioned but regardless, there was a very willing buyer. After less than 10-20MM on ASK last several weeks and then the large offer and it get a almost wiped out in one trade - probably pre arranged
So a bunch of traders bought up 1s prior to CEO address when he specifically tweeted not to. They saw no run this morning and they quickly exited this morning. Not dilution. Not CEO dumping. In the meantime - those that see value here (for whatever reasons) continue to systematically absorb the 1s.
The changes to conversion rules are bringing many of these lenders to the table for settlements. The old way of shorting and covering with conversions has been dealt a significant blow. They will undoubtedly find a new way to circumvent the rules but for now, they are holding worthless (for short term capital purposes) shares and it behooves them to settle for cash and turn them back into working capital.
Rather simple - you don't believe him/think he is lying - don't buy or dump your holdings at 1 while you can. If you think a P&D will occur - wait for it and dump at a high point. But the agenda on here goes way beyond the facts and rationale.
He owned those mistakes a while ago and publicly did so today. He admitted he stretched the capital and his time to thin and tried to expand to fast. He got taken to the cleaners by the toxic lenders (like many unsuspecting CEOs do ) and he has been cleaning tht up.
If you look at the number 9f posts on here from the naysayers and how long they have been posting (5-6 years) - it puts things in persepctive. This remains a l9ng term investment but the risk/reward is substantially better than it was a year or two ago.
Even if there wasn't the CEMEX plant - they can set up a temp redimix operation on site and build the infrastructure leading to the development prior to setting up the operation. These facilities are set up all the time for major interstate projects where they build new ones or redo the entire bed of an existing one (once the concrete gives out). Either way-that will not be a limiting factor for construction/development (especially if the exisiting rock structure in the area is suitable for aggregate.
Arguing with Jekyl and Hyde is always a losing proposition.
While I would definitely liked to have seen some different decisions made by mgmt - I habe never seen the outright BS and manipulation in their PPS like other companies/OTC CEOs. If one is trying to rally shareholders around a common goal - be specific about intent and what changes/answers you want. Other than that, it is idle bashing and pumping.
There is no logical reason why the company would spend the money to get current on 2016 if they weren't going to get current on 2017 as well. Current sales can be verified. Future sales are speculative. Company has not put out wildly speculative guidance and been very tempered with info. That makes this a solid risk/reward for me.
I posted the below a month or two ago. i think it remains valid. if they are at $1MM in revenues in 2018 based on the P/S ratio below - that would be $0.0007 on a PPS basis today.
Earnings are probably several years out especially when factoring in accrued deficits. Assigning a multiple based on sales/revenues (PPS) vs earnings (PE) probably makes more sense at this juncture. If they get exponential growth QoQ for 6-8 quarters and there is a clear line of site for explosive growth to continue - market could assign a multiple of 50-100 on a PPS basis (again acknowledging this is OTC where most od this goes right out the window).
At fully diluted 25BB and assuming they do $1-2MM in 2018 and forecast say $5-10MM in 2019 - then a multiple of 25-50 on a PPS basis would be fair. Going in the middle lets say 35multiple on $5MM in revenues would be $5MM * 35 = $175MM. Take that divided by 25BB shares and fair value (on a PPS basis) would be $0.007/share.
So - other posters talking about proof/logoc of $0.05-0.10 PPS have no basis in logic unless one takes the very high end of potential sales and assigns a Tesla like multiple. Even a 50PPS multiple at $1MM provides PPS of $0.002.
So - if filings show a clear trend here (which last two PRs show two revenue streams starting) - then the PPS should start increasing to start reflecting the fronr end of the growth curve.
I purchased 5MM yesterday. Took out what was left on the ask and the rest went to BID. Took several hours to fill.
Stay out of jail...? That is as ridiculous as this going to a nickel in the short term. What has Gurba done (specifically) that is illegal/criminal that would warrant jail? If you are going to throw out those allegations - you should back them up with specifics/evidence.
From what I see - he has pretty much been doing what he committed to in interviews and filings: removing/selling non producing assets/businesses (selling ammo unit and looking at sellers for equipment side), removing/restructuring unproductive debt (debt for equity with largest debt holders-which HAS been dilutive), increasing focus on core trucking business (increased trailer fleet, increase ownership of Big Red, key partnerships to increase throughput )
So - what has he done that warrants jail?
Earnings are probably several years out especially when factoring in accrued deficits. Assigning a multiple based on sales/revenues (PPS) vs earnings (PE) probably makes more sense at this juncture. If they get exponential growth QoQ for 6-8 quarters and there is a clear line of site for explosive growth to continue - market could assign a multiple of 50-100 on a PPS basis (again acknowledging this is OTC where most od this goes right out the window).
At fully diluted 25BB and assuming they do $1-2MM in 2018 and forecast say $5-10MM in 2019 - then a multiple of 25-50 on a PPS basis would be fair. Going in the middle lets say 35multiple on $5MM in revenues would be $5MM * 35 = $175MM. Take that divided by 25BB shares and fair value (on a PPS basis) would be $0.007/share.
So - other posters talking about proof/logoc of $0.05-0.10 PPS have no basis in logic unless one takes the very high end of potential sales and assigns a Tesla like multiple. Even a 50PPS multiple at $1MM provides PPS of $0.002.
So - if filings show a clear trend here (which last two PRs show two revenue streams starting) - then the PPS should start increasing to start reflecting the fronr end of the growth curve.
Guess that ASK wasnt as big a mountain as made out to be.
When retail firmly believes selling is done and the PPS churns thru the flippers at 2 and 3, then we will get a better idea of what value investors place on the company/stock
I wish I had the enthusiasm of recent posters but it just isnt there. Im well into 7 figures here and been around long before Ma. While he was instrumental in the GEHC deal that kept them afloat- that cash infusion has been squandered by insider deals and bloated SG&A for non productive mgmt/BOD members. Every Q its the same thing - increasing backlog but they never seem to monetize the backlog.
Look at 10K for 2013 and compare to today. Its embarrassing.
The market cap is way below what they purchased Netwolves for a couple years ago. That was another deal that was supposed to be accretive like BIOX.
Now they quietly bailed on the PSK agreement.
Some long term holders bailed recently. Absolutely disgusting performance by mgmt/BOD. Looks like they are letting PPS tank on purpose to go private. Plenty og large SHs like me who WILL resp9nd en force if they do. We should have several years ago.
Once they have the ducks in a row and and revenues coming in earnest - then they definitely have a vested interest personally and from a business perspective to get current with licenses and financials to bring the PPS up to give them more flexibility with capital, buybacks, etc. Other than limiting the amount of shares per conversion - there isnt much else that a raise in PPS does for them right now.
BMIC showed 3K available most 9f yesterday and today with NITE at 10MM and then some smaller lots. Yesterday I bought 10MM and it didnt move/change the ASK on L2 at all and same thing tbis morning when I bought 5MM. I had another 5MM that for whatever reason only partially filled with the same L2 offer bot changing. Until BMIC gets permanently wiped out or financials filed - going to be tough to garner interest outside a very small group.
I have dealt with the mad scientist types and while I have never spoken to or met Josef - Ive met plenty like him based on tbe descriptions here. If accurate - they may simply not give 2 sbits about licenses, PRs, or filings until their story has real oomf. The last two brief PRs on revenues could simply be a nod from company to true shareholders that things are finally picking up steam and give them confidence to continue accumulating while BMIC is unloading (or if one is cynical - giving them an avenue to successfully dump).
They have spent money on trade shows and follow up where there is a direct line of sight to revenue. Business licenses and PRs and such provide nothing in return (sbort term) so they may just be waiting.
Look at $BTGI. it has been flirting with $0.001 again recently after hitting it a month ago. $25MM revs last year or so and projected at $40MM this year. CEO aggressively cutting/restructuring non productive debt, streamlining former corporation by shedding non productive bhsiness units, and OS at 1.9BB with a recently increased AS of 5BB up from 2BB.
There are plenty OTC stocks that have a real company/product(s) behind them but it is easy to have them get lost in the sea of Bs and scams
And back to no BID just as quick. More MM games and naked shorting. BMIC back on ASK at 1 diluting away.
If someone "knew" something - why would they wait and try to get 1s instead of buying 2s before everyone else found out what they know...?
The only people that know something here are the MMs
That was quite the hit coming out of the gates. 50MM on the opening isnt bad. Is that finally the signal the 1s are done?
The tech and viability is what originally got me invested. I took a small position due to the financial mismanagement. Took a much larger position when it went to 1. The company still has very real.financial issues and lingering toxic debt. This cant be ignored.
Hopefully recent reaching out by mgmt signals a long awaited turnaround and they are in a position to better manage/structure that side of the business/company to reward shareholders for their patience.
Ok - so you are in the industry. Then why do you think there is no money in it? That doesnt make sense, especially if you stayed in the industry for 42 years. If you sold 2.5 years ago - you were getting out when things were really starting to go well/get back on track for many of the firms that took longer to recover after 08/09.
You must not know much about the freight business. I deal with freight companies anywhere from a handful of trucks to the mega carriers. Right now - business is booming for every size. There is a driver shortage and mechanic shortage. The reason you may see trucks sitting in a yard is due to lack of drivers - not business. The Obama admin wrecked the balance with the Draconian measure on the industry to eliminate "drowsy drivers" with their health requirements, max hours, rest periods, individual liabilities for truck condition, etc.
Like usual - the unintended consequences habe drivers driving at all kinds of hours which has screwed up their previous "normal" sleep cycles which has ended up in MORE accidents across the board (both in terms of nunber of trucks on the road and per ton) from the "healthy" drivers. The exactthing the new rules and regs were trying to reverse. A lot of career drovers and owner operators got out. This hit the middle sized carriers the worst. However, those that survived the 08-09 downturn and then those chsnges came out leaner and stronger. With the driver sbortage driving freight rates up - this has lead to very profitable years for trucking even though it remains a competitive, commoditized business.
I cant say where $BTGI and BigRed fall in that spectrum but to say tbey arentbig enough to be profitable is ridiculous. Further - do you realize the small percentage that 1000+ truck companies make for the entire freight industry...? It is small.
Disappointing watching the ASK grow again at 1. Been with this one awhile. Thought we were going to break tbis range ahead of any refiling.
How many daytraders pushing this stock back and forth are going to do any real DD and find out how much freight the company is pushing?
Gurba has reduced debt dramatically, increased trucking capacity at primary site with conventional bank loans, and is unloading unproductive business units (and debt) as he committed to. Company is increasing revenues as committed to. OS/AS has increased. The 2BB to 5BB was not announced prior but the increase from 500-900MM and 900MM to 2BB were.
Even fully diluted, the market cap still isnt reflective of current revenues let alone increasing revenue trend. If Gurba uses the increased AS to PRODUCTIVELY reduce debt and/or acquire positive earnings producing revenues-why is that a bad thing?
I doubled my holdings at 0.001 and may add again if it tanks again. Unlike most OTC companies - this company has real revenues and real assets that can be independently verified.
20MM buy at 2 and then the 100MM BID is wiped out in two trades.
Has the company comfirmed all conversions are through? Is this volume really just MMs movimg shares back and forth to makenit appear as dumping or was this just another PTC pump and dump?
Been a shareholder several years and bought the vast majority of my current shares awhile back when it first went to 1 after volume settled down. Looked like the stocl was turning the corner and nownit looks like just more manipulation.
Why is it stirring?
Sales starting to finally ramp up.
More exposure in the industry.
Good showing with their booth at World of Concrete Show in Vegas.
Assumption that large majority of OS is in strong hands/insider hands as dilution continued.
Belief the base product tech is superior to those coming on the market behind them.
Foam line starting to gain traction.
Expectation of becoming current on filing by end of 1Q18
These have been registered for awhile tbough few of them were ever produced. Is someone/entity trying to acquire the rights?
Bankruptcy...? The company is MUCH better off now than they were 2 years ago. Theyve removed substantial unproductive, corrosive debt; they have drastically increased revenues which are operationally profitable; they have shed non performing assets; they have created partnerships to bolster their primary business; and have established new loans/LOCs with established banks. How does this equate to bankruptcy?
The stock has been shorted aggressively and that will balance back out. The dilution has been present but manageable and NOT below market value like the normal toxic lending in the OTC markets. The stock has twice bottomed at 0.001 and wbile buyers arent knocking down the door, big/motivated sellers seem to have exhausted their positions. That does not suggest a no bid situation. Depending on what Gruba does with the increase AS to 5BB - it doesnt necessarily mean a R/s situation. Right now, OS is under 900MM for a company that booked 25MM in revs (that again - were operationally profitable and growing) and projecting north of $40MM in 2018. The market cap is under $1MM and would only be $5MM at max AS for a company that is systematically and aggressively growing profitable revenues while systematically retiring, unloading, and restructuring unproductive debt. How is any of that a bad thing...?
Someone take thenk keyboard away from Jekyll and Hyde...
In the several years I have invested in HTCI - I have never seen the company blatantly pump the stock. Usually they have been rather pessimistic. The newsletter to shareholders wasnt a pump through the normal pump houses. It was very short, basic, and grounded. Shareholders know the past so they can put the contents into perspective. I dont see that as a pump. Filing cost $10s of thousands of dollars and the newsletter update is free. Might as well do all the filings at once to get caught up rather than piecemeal.
Long term they still have a ways to go but their products are finally starting to gain traction in the market. One doesn't spend the money needed for boothspace in Vegas at that show to fake out investors.
Most of the 1s in the last several weeks have been bought off the ASK. Where's the discount? Company may or may not abuse shareholders with a future R/s but it is a real company with real products. All one has to do is visit their booth at one of these tradeshows or speak with their distirbutor about the products and related applications.