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Another cool piece of DD is Barbara Jones is listed a Principal on the Pure Earth technical advisory board. That's the company they've been working along side in Cameroon.
http://www.pureearth.org/who-we-are/tech-advisory-board/
I agree. A nice one stop shop of all DD for Cardinal Resources.
Idk about you guys but I'm definitely adding to my position. Cardinal Resources is going to be huge. After all the DD everyone has uncovered about this company, there's just too many signs pointing towards them being successful.
Yep and these articles really show that there have been legitimate delays and it completely backs up all the things Kevin has been saying all along.
It's nice to be able to connect the dots and put the pieces of the puzzle together. I feel confident and safe with my investment here.
Kind of eases the stress and worry when you see these things.
Another link mentioning the the EXIM lapse and Cardinal Resources.
https://piie.com/blogs/trade-investment-policy-watch/foreign-policy-case-reviving-ex-im-bank
http://exportersforexim.org/2015/10/job-creators-in-pennsylvania-hurt-after-100-days-without-ex-im/
Scroll down to the Cardinal Resources section and that clearly indicates why there has been such a delay in the CAMWATER financing.
Yeah but those are all high ranking and important people who were corrupt and the exception to the rule. I get your point, but how often do you see a penny land CEO taking his efforts to the White House in order to help progress and better his business.
The US EXIM is a big part of what is going to make CDNL successful. He has taken it upon himself to make trips to the White House as well as become a member of the US Department of Commerce to help push and accelerate things along and fight an extremely important global cause.
Here's a link showing Kevin Jones and Cardinal Resources being recognized and rewarded for their business by the Pennsylvania Department of Commerce. Hardly seems like a scam to get that kind of recognition from a government website.
Link: https://doyle.house.gov/photo-gallery/district-2011
Despite the severe hiccups and issues with timeliness, there is a legitimate business here. Kevin has been working on building this since 2004, what makes you thinks he's all of a sudden going to get it all figured out right now at the snap of finger now in 2016? People are being impatient and want instant gratification, but this has been a long and methodical process. There's definitely a light at the of the tunnel and a big reward for those who stick it out and see this through.
Here's another link talking about Kevin Jones and his trip where he was invited to the WHITE HOUSE to talk to White House officials about the Presidents international trade agenda and the reauthorization of the US Export/Import bank. The articles from March 2015 so it's fairly recent.
I'm pretty sure you need to have some good credentials to be invited to the White House to discuss Presidential matters. I'm pretty sure they're not just letting scammers walk through those doors, you have to be legit.
Here's the link:
http://finance.yahoo.com/news/kevin-jones-cardinal-resources-ceo-100000234.html
So then why are they dragging it out? If the pump and dump is complete what are they doing right now?
If it was a scam or p&d, they would have already announced that the CAMWATER deal is complete and officially has financing. An then they would tell us they are releasing an 8k in regards to the financing which we would obviously never see. And then after the pps hit it's climax, Kevin dumps all of his shares and laughs his way all the way to the bank.
Who is getting scammed here by pushing deadlines back and keeping the pps stuck between .01-.013? Only thing we are being robbed of is time.
If it was a scam, there would have already been a massive pump followed by a dump by now.
Clearly CDNL moves at a snails pace considering they've been in business since 2004 and didn't have any red birds developed and ready to go until many years after. Their timeliness isn't the best, but I don't think they are a scam because no one is currently losing any money, just time.
Someone just needs to visit the headquarters and put all of this to rest.
You either have to take him at his word or believe he is a complete lying fraud.
They are both late and Kevin has stated that they are currently going through the auditing process to get the 10k out with the 10q either being released at the same time or shortly after.
What knock are you going to have on the company if they release the K and the Q and it has everything on there that you say is missing?
It doesn't mean the whole $28.8 million contract, but it is something that has been added to sum of the total of that whole contract. So it's really more like a $30 million contract now and June 15th is the firts phase of it.
It's obviously not going to happen all at once, but it is definitely a signal that things are moving and progressing.
Yeah but all I'm saying is that it is still part of the CAMWATER contract. It's a part of the whole entire thing. And with that starting, technically the CAMWATER project is officially under way.
It says in the update that it's the first phase of that CAMWATER contract.
Am I misunderstanding something? To me it sounds like it's the beginning of that contract/project we've all been waiting for.
Either way the financing info will come out soon. He had meetings in Cameroon to discuss finance options and next week is the week CAMWATER is supposed to be under way. So if it's not in today's update, it should be early next week. Jmo though.
It's definitely going to be this week.
Oh I see haha I don't follow hockey so I had no idea.
They are going to release of some sort of an update or news today for sure.
Idk if CAMWATER financing is complete but I do know it's why he was just in Cameroon. They went over the different finance options between the US EXIM and the China EXIM. KJ said they made good progress during those meetings.
Most likely about progress on CAMWATER financing. KJ had meetings regarding the different finance options while he was in Cameroon.
50/50 shot news or update on CAMWATER today because KJ said it would definitely be coming this week.
Revenues come from the sales of the Red Bird water filtration systems.
Sales are currently happening in South America, Western Africa, and China.
So how does a descending triangle get reversed back to a bullish pattern?
We need to find out if he's leaving the company it says he's currently with to become fulltime with CDNL or if he's doing the CFO duties on a consultant basis.
I'm curious as to why he hasn't announced who the new CFO is yet. I think it would go a long way if he were to do that.
I'm curious as to why he hasn't announced who the new CFO is yet. I think it would go a long way if he were to do that.
I don't listen to the other people here. I do my own research. I've researched everything about Kevin Jones and his history dating back to 1996. I've done extensive research on CDNL and their product. I've read through their patents and all of their 8k's.
There isn't anything that I can find that would conclude that this company is anything other than legit and trying to become successful with a real product designed for a market with a serious demand and need.
They have been in business since 2004 and only been publicly traded for the past 2 years. If you believe the pump and dump theory, then that means that they have been conducting fake business for a whole decade setting up this "scam" for years in advance before finally going public. This would be one of the greatest schemes of all time if what you are saying is true.
It's my understanding that most pump and dumps involve a company that's more or less a shell with no real product or only have a product that's in development. And they are always companies that pretty much just materialize out of thin air with no prior history. They continually release bogus PR's with no filings to back them and make nothing but false promises. That really doesn't seem to be the case here.
So you don't believe that CDNL conducts real business with the intention of making real revenues and profits? You think that they are solely in this to manipulate their share price and cash out on a bunch of small time suckers?
What evidence do you have that this is their intention?
So in your opinion every company that announces a share buyback is a pump and dump?
There is an overwhelming amount of evidence backing this company as being legit and lending it's self to the credibility of Kevin Jones and Cardinal Resources. I understand everyone is skeptical of pinks, as you should be, but this one is different.
You're making assumptions with no definitive proof.
My argument on the 200ma is that the price back in December, January, and February moved up to .07 on no volume.
We have way more volume now but no where near the price movement. They must have had a much shorter float then. So if you're not working with the same o/s and float as compared to then, how is the 200ma relevant information?
The price being .05-.07 for a good 3 months has the 200ma extremely inflated.
We have traded so many more shares now than compared to 4 to 6 months ago. Is there something I'm missing here?
My argument on the 200ma is that the price back in December, January, and February moved up to .07 on no volume.
We have way more volume now but no where near the price movement. They must have had a much shorter float then. So if you're not working with the same o/s and float as compared to then, how is the 200ma relevant information?
The price being .05-.07 for a good 3 months has the 200ma extremely inflated.
We have traded so many more shares now than compared to 4 to 6 months ago. Is there something I'm missing here?
I'm still in awe of your lowercase letters....
This could potentially test sub .01 if something doesn't happen soon to reverse this trend. 9 of our last 12 trading days have closed red. Considering all the red days though, we really have held up quite well and that's a testament to how many longs are holding.
I think before the end of this month we will get another major catalyst. I'm really hoping it's the release of the 10k's, but I'm skeptical of that considering Kevin in his latest update wouldn't provide a deadline.
Also, when the yield status is dropped weary investors will take the plunge. If we can drop the pink status more investors will be to buy in as a lot of brokerages won't let you trade those.