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Wish I had gotten in on Friday, the last time IVOI saw this sort of volume, it tripled the next day. May 14-15th 2008. Hopefully Monday morning...
$10.4M seems like a reasonable buyout price...the buyer should try to buy up as much stock as possible at lower prices (if it's legal).
Short squeeze in anticipation of buyout?
I'm jealous of everyone that got in this morning or earlier.
Congratulations!
Did anyone ever figure out what it means when 424 blocks go through?
Close at .018?
I'm in if there's a dip on profit-taking.
I noticed....wish I had got in when PSC began pumping!!
Wow!!!
Does this company do anything?
There they go, all 35K...
First you couldn't get ahold of anyone, anywhere (even though everyone else that tried did)...now some "key" people are telling you private information?
Either way, we're having a positive week on low volume, which tells me that the investors are in for the long haul. Can't wait till the comparables come out!!
Is that what the huge volume is about today?
Looks like everyone's holding on waiting for the big news...
I see it starting to move up next week in anticipation and from the chart followers, then when comparables come out...kabow!
Never noticed that before...is there a way to find out how much of the float is tied up?
Is company news expected to come out or is this all about the float being tied up?
If the energy efficiency specs come out strong (as they should), it would just be a matter of applying for the product to be included as a qualified product, which I'm sure is something that they plan to do.
"The second phase emphasizes the production and supply of pre-launch units to distributors with the objective of tailoring the unit to their respective market requirements. Wanderport is in receipt of components from Asia (not affordably available in North-America) and is hoping to prepare pre-launch units for distributors within the coming weeks."
Their main concern is with their distributors and with testing/obtaining comparables...not sure why they would post a public "video" at this point or what it would show?
Closest thing we're going to get until production are the pictures from the TIPTA booth and example unit on their website.
It means that P/E for a startup company isn't necessarily a good indicator because the stock price is based more on projected increases in future earnings rather than current earnings.
So the question from that point is what will be a fair P/E? I think that once production begins 5 times earnings is more than reasonable. After a year or two and additional sales contracts(sustainability) come in, 10 times plus would be attainable. 5 * 0.14 = $0.7/share, 10 * 0.14 = $1.4/share.
Another thought...in a prevous post you said that plumbers may refuse to install the new microwave water heaters (still no clue why they would do that). Your concern should be that a plumber would not be needed to install the unit. All that should be needed is an inlet line, an outlet line, and an electrical source (most likely 120V).
It's a little bit of a stretch to believe that "the hottest water heaters selling right now!" is a model that costs $1,600+ for the unit alone. I checked out the review's on Lowe's website, and it sounds like people who've bought it aren't too impressed (noisy, overpaid, underwhelmed were a few comments).
Back to WDRP's tankless microwave water heater, here are my thoughts:
- Tankless - removes the huge waste of energy by having a tank of heated water constantly losing energy (heat) to the cooler environment by heat conduction.
- Heating temperature - by heating to a lower temperature than conventional water heaters, it removes another huge waste of energy when the hot water needs to be mixed with cool water to reach an adequate temperature for use.
- Microwave heating - Awesome and extremely efficient concept (you see how quickly food is heated in a microwave with minimal energy usage by the microwave). The alternating microwave field causes the water molecules to become "excited" and rotate (trying to align based on alternating wave) and collide into each other forming heat. Cool stuff.
What's not to love?
I agree they are all valid commitments. What they are not is guaranteed sales or revenue dollars. IMO, if they were actual guaranteed dollar amount contracts, the PR would state that. A company does not PR something lesser than what it is. Usually, they use big words to make things sound bigger than they really are.
From the wording of the some of the PR's, they sound more like "contracts" with commitments:
“Wanderport Receives Increased Sales Commitment From Australia to $123 Million USD”
“Based on the terms of the contract, management now estimates revenues from the recently announced $50 million to be increased to $123 million, representing 275,000 units over 5 years.”
I’m sure the commitments go both ways (Wanderport to produce X amount, and the distributor to sell Y amount).
Instead of “big” words, I think that vague words are used because the commitments are based on a lot of different factors that are not 100% guaranteed yet (performance, the market, etc)…
“Deltoid's projected commitment is roughly 25,300 units within a five year period equivalent to $11,385,000 USD in revenue”
“Contractual sales commitments are estimated in the neighborhood of 21,000 units to be sold over a 5 year period in the country of Italy based on a selling price of $450 USD equal to $9,450,000 USD over the same period.”
I just don't understand why a company spends all that time and money securing sales commitments when all that effort and money could be committed to getting a product to market. If this thing is as great as they claim, once product is manufactured, the distributors will come to them in droves. WDRP has decided on this style of business plan and this is how they are going to grow the company - so be it. Now, it is time to focus on getting the product manufactured to specs and into the market.
The time spent securing sales commitments is a very important part of the startup process…without commitments, contracts cannot be made with the parts manufacturers, funding cannot be established to begin manufacturing, etc.
Hope for a green day. Good Luck Everyone.
Awesome work Tani!!! This will be a great reference for the no DD bashers and also for newbies to the board.
I see the stock slowly climbing and/or holding steady over the next few trading days, and hopefully a PR update in the next week or so. PR's may be a little less frequent over the next month or two since they're starting to get into the meat and potatoes of turning their patent/trademark into a manufactured product. IMO.
A black day is better than a red day, now we need to start moving back in the green.....
This is the longest they've went without a PR in the last couple months, hopefully the comparables come out soon or maybe some update on manufacturing.
I don't mind the low share volume as long as the PPS holds up until they come out with the comparables (I'm not a big fan of flipping, I always get burned).
I think a lot of the investors (especially for a pinkie) are planning to hang on to this one long term, so the PPS should hold pretty strong until the results come out.
Plus Wanderport hasn't been letting more than 4-5 days go by without PR updates, so this should help keep awareness and confidence up in the meantime.
If you had been paying any attention to the board, a lot of good DD has been done over the last month and a half. The company has been very forthcoming with their progress, and several of the posters on this board have followed up with good research on the PR's and other companies involved. Rather than trying to freak everyone out because you got burned somewhere else, why don't YOU do some DD by going through previous posts and contacting Wanderport and/or UMC yourself, rather than telling everyone that they're "smug, complacent fools" for not putting your DD on a platter for you.
One more suggestion: spell check / proofread your posts, you look like a flunkie.
I've been in for just over a month, and I've been watching the PR's and discussion board closely. Anyone that doesn't see the huge potential here is blind, and I still haven't figured out why people without any interest in the stock make multiple posts on a daily basis. I hope tomorrow's PR answers everyone's questions, wakes everyone up to how big this could be, and sends the pps soaring!!!
Everyone put your rally caps on!! Go WDRP!!!