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It appears that YESD's Nevada business license has expired and they are currently in default. I wonder how long they will be allowed to continue to operate like that?
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=GMDnIkCpwFB7hR5R6rxfng%253d%253d&nt7=0
Maybe somebody should have told that author that:
Medipendant hasn't shown any singificant level of sales and the company hasn't released financials for Q1 yet. Additionally there haven't been any updates on the success of the marketing campaign aside from wonderful ratios during the test campaign.
Puresleep had a failed launch in China and doesn't appear to be selling anywhere else either.
SimplyMusic no longer employs YESD as their DRTV rep.
WordSmart isn't selling anywhere near the levels that the company PRd last year. In fact, they are millions and millions of dollas below their projected revenue.
Nobody has heard a word about Nutrifusion since they announced they were beginning distribution back in February.
As best as anybody can tell, there isn't much revenue coming in at all. All IMO, of course.
Some brokers offer premium services that will show L2 on pinksheet companies, but it's not usually included in a basic account.
MDHI FLYING!!! Up 44% on a $30 trade! Get it while it's hot. LOL
LOL. WTF does anything he said have to do with justifying a gag order on the TA? Does he actually think anybody is going to accept that nonsense as a legitiate explanation?
The company has roughly 30 days to sell as many shares as possible before they are forced to release what, IMO, will be dismal 2Q results. This is a full on orchestrated pump, including email campaign. Trade it if you can, but don't get stuck.
Renenue projection as of Nov 15, 2010 per the CEO.
It's been almost 24 hours since the last PR. I think we're over due for another one. Hard to sell more shares without interest.
What about WORDSMART? It's the flagship product, right?
Me? No, but there have been plenty of posters with information regarding PRs in advance of their release. There is only one source for that information.
The CEO is more than happy to hand out insider information to anybody willing to come pump it on a stock message board. Just hit him up on Facebook or email him and you'll get heads up on PRs as well.
You're kidding right? You really can't be serious with this response.
LOL. Funniest post of the day. Thanks for that.
Okay, ask yourself this one question. If those number are accurate, and the company is turning a profit...then why are they printing shares like they're going out of style? The gagged TA and the OS increase from 300 million to 500 million within weeks of lowering it to 300 million to begin with has to tell you that something isn't right. I mean, common sense has to tell you that.
Calling out penny stock scams is entertaining for me, pure and simple. If I help a few people out along the way then that's a bonus. Some people enjoy collecting stamps or even bugs. I don't understand that either, but if that's what they enjoy then more power to them.
Sue McMullen for what? They didn't issue an opinion on the financial statements validity, just that they met the requirements of disclosure on OTCMarkets. They aren't accountants and can't be held responsible for BBDA's incompetence.
Besides, I have no grounds to sue them since I have never bought, sold, or in any other way traded or owned a single share of the company.
10 to 12 hours a day? lol. My profession has nothing to do with this company nor does it have to do with the stock market in any way. I do, however, know quite a bit about reading financial statements and spotting a scam. This company doesn't even make a decent effort to cover their tracks.
I am 100% certain that they did not legitimately have a half a million in revenue for the first quarter of 2011. Believe them if you like, but if they ever decide to go legit and have a CPA look at their books, it's going to be an eye opening experience for you.
It's not just his history of lying. It's also the fact that the financial statements are inconsistent and incomplete. How anybody would put any stock in them, regardless of the CEO's past, is beyond me.
Nobody is saying that they didn't sign distribution agreements. What we are saying is that past distribution agreements have not resulted in much, if any, sales or products making it to the shelves. There is no reason to believe this round of PRs will be any more successful.
If that's the case, then the board is a perfect reflection of the company and its management team.
So you sold because you didn't like message board banter? That seems like a poor reason to make a decision on a company that has such a promising future according to your posts here a few days ago. Seems much more likely that you're coming to understand that this was a short term P&D and nothing more.
Where's the PR from the company touting their huge Q2 revenues? We're halfway through 2011 and the company promised $12 million in revenue from WordSmart alone. Add the successful rollouts of MDHI, Alo, and Motor Booster and they should be sitting at $6-$8 million in revenue for the first half of the year EASY.
Something isn't adding up, IMO.
They couldn't even keep Jennifer Corn Cobb on the payroll for more than a few days.
Well, except for the fact that none of those deals actually closed. As a matter of fact, they all appear to have disappeared into thin air.
You are free to do as you will. It's one of the benefits of the internet and living in a free society. Now, how about changing the subject from your personal assault on me and back to the company? This company has been releasing distribution PR after distribution PR for years and nothing has come of them. This current round will yield the same results, in my opinion.
Who are you to tell me why I'm here? I'm telling you right now that I've never owned, sold, or in any other way participated in the trading of this POS share dilution scam, and I never will.
I've said it before and I'll say it again. I will never buy, sell, or trade one single share of this dilution scam.
How much more misleading can you get in a PR statement?
I still haven't seen completed filings for the March quarter.
I'm pretty sure that Greenwood is being paid to handle the marketing, not the distribution, so they won't be purchasing product directly. I could be wrong, but that's how I read the PR and the impression I get when I look at their website. They will be marketing the product to distributors most likely.
He doesn't. Colworth does because he is corresponding directly with the CEO who releases information to individuals specifically so they can come onto IHUB and pump it.
A little history on BMGP and Chinese transactions, for new investor reference.
Here are a few from 2008.
http://www.acilgroupltd.com/company_news/biomagnetics_bmgp_enters_chinese_biotech_market/?details=1
http://www.reuters.com/article/2008/03/26/idUS107996+26-Mar-2008+BW20080326
http://www.beaconequity.com/biomagnetics-diagnostics-corporation-bmgp-taps-into-chinese-biotechnology-market-2008-12-14/
http://findarticles.com/p/articles/mi_m0EIN/is_2008_Sept_8/ai_n28071767/
And from 2006:
http://www.thefreelibrary.com/BioMag+Enters+into+a+Letter+of+Intent+to+Purchase+an+Interest+in...-a0151539776
http://www.newsrx.com/newsletters/Healthcare-Mergers,-Acquisitions-and-Ventures-Week/2006-11-04/510302006229HAV.html
Do you honestly think this constant barrage of PRs behind a gagged TA and increasing AS are helping to establish credibility for the company among serious investors? This flurry of PRs is a huge red flag to anybody with a lick of sense.
LOL. An unconfirmed source. There's a big surprise.
The JLO video might have made an impact on sales if the product had been available at the time it was released. However, product placement is a "what have you done for me lately" business and that video is already old news. Any bump in sales that might have come from impulse buys driven by the video have been lost. Paying for product placement for a product that isn't available for sale is a poor marketing strategy.
BW is in full-on P&D mode now. Notice how each successive pump results in a lower peak PPS? Pretty soon these PRs won't even register as a blip on the chart.
Well, that pretty much guaranties that the current OS is at least 300 million and climbing. I give it 30 days before he bumps it up to 1 billion.
You're understanding of the 510K process is faulty. If BIEL is successful in their attempt to get approval for OTC sales via the De Novo process, then anybody with a PEMF device will be able to file a 510K naming BIEL's device as a predicate. BIEL does not have a patent on PEMF in general, just their specific device.
Regardless, as CFM said, this is a pointless debate until it is tested, but I think you are going to be woefully disappointed if you ever expect BIEL to hit a market cap of $100 million, let alone $600 million. At least in the next 10 years or less.