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"Since these pending agreements are beyond the introduction and evaluation stages, we collectively felt it more advantageous to wait until January to commence distribution to these entities -- in fact, the rest of the process is academic. We are gearing up to commence delivery during the first month of 2010. We are producing additional inventory, especially since we have three new fruit flavors of the EQ Smart Energy Drink(TM) tablets and are already experiencing sales increased from new and existing accounts with the Speedee Mart and City Stop chains, along with a significant number of select 7-Eleven convenience stores throughout the U.S. and Foodpro Distributors. These alternative flavors have been well received by our focus groups and the above referenced parties. Secondly, we are securing three additional major U.S. distributors throughout the country who will service these new accounts, in addition to introducing our products throughout the U.S. and North America. In preparation for this, we are presently hiring additional sales mangers for the north and southwest territories. We have produced new commercials that will be aired on various networks throughout the country to support an increase in sales. Airtime on additional regions has been secured for future expansion. We are definitely picking up pace in preparation for early first quarter of 2010, this will be our break out year and these initiatives are vehicles for achieving these goals." .......from a EQLB pr in Dec 2009
EQLB chart could get interesting really soon
imagine mixing it with ExLax.One could run all day.
Clearly moving back to within the MUST BUY range
Hmmmm. If the stock pick e-mailers start to recommend this to their subscribers then this could get very interesting quickly.
If it holds and stays above .02 tomorrow I will be looking to add 250k more. Lets see what kind of staying power this has on the high end.
It just seems to unreal to have these sales outlets and be trading for as low as it is. Just looks suspicious on the surface.But DD looks pretty good.
well that was fun.Last one out turn off the lights.
u kidding me??
Stalling out? time to unload some of Fridays .006's
OT:C:will be interesting to double check to see what they value assets at.
Volcano eruption puts Europe/Asia in strangle hold.With planes unable to fly economies from supplier and consumers are effected.
My god. i would think so. the last 50plus posts has been six guys talking back and forth. its sort of obvious.
CPQQ NEW YORK, March 16 /PRNewswire-Asia-FirstCall/ -- China Power Equipment, Inc. ("China Power Equipment", OTC Bulletin Board: CPQQ), the manufacturer of a new generation of energy saving electric transformer cores and transformers in the People's Republic of China, today announced the appointments of Mr. Junyi Li ("Mr. Li") and Mr. Siu Kuen Leung ("Mr. Leung") as independent directors to the Company's Board of Directors. Together with the Company's current three board members, the company's board now consists of five members. Three of the five board members each qualify as "independent" directors as defined by the rules of the NASDAQ Stock Market.
CPQQ
"Once China Power secures sufficient manufacturing capacity, it expects to pursue markets outside of China.........South Korea...Turkey..Vietnam."............Please refer to Form 10-K 3/30/10
CPQQ A company growing at 100 % deserves a p/e of 100. CPQQ is likely to uplist this year and then get a realistic p/e ratio.
CPQQ 433% 6500/1500= 433%.
CPQQ Im surprised that nobody has mentioned the fairly obvious in that it would seem that management has listened to shareholder concern over the new plant and has responded.
in Cramer code that means.....buy buy buy
Would u might linking your blog?
AKRK I'm getting a p/e of 4.12 based on a 2009 net income of $3,373,052 and outstanding shares of 35,663,850 based on the closing share price of .39
HMMMM. Ok they grow by expansion.Can they grow w/o expanding. No. They must aquire greater supplies so they can meet ever increasing demand
BSPM Why not do this AFTER they up list.Hey , maybe they are toooo transparent.Im still holding but i do expect the selling pressure to continue.Its still a favorite, im just a little pissed at the management. The great opportunity to see the 5's is clearly gone.
BSPM You wouldnt know it by there actions.It speaks much louder than words.Its dropped almost a buck in the last few days.cya at low 3's soon.
BSPM Since up listing is clearly not on managements minds, how much more upside can this achieve w/o the better exchange???
The bottom line keeps reading better and better.Its an acceptable risk/reward situation for me, but maybe not for your tastes.Up listing is not a magic wand but it fits nicely with improving sales and net profit. Since you cant see the growth here I suggest you look elsewhere.
AKRK The mother of all sleepers.After the R/S to a higher exchange it will pull an Orient Paper type move.
CELM overdue for a breakout
"there is more demand than they can handle"...look for expansion thru acquisitions." but that's a big unknown at the moment"thats general what the stock market is.When they uplist they will likely draw in more lucrative investors with bigger bucks to throw around which leads to expanding supply sources etc etc.
BSPM why do they need to dilute? Uplisting is critical and Rome burns while they fiddle away.Makes me wonder if management has a clue.
CELM-$5.50 in premarket
And to think of all the free krap Americans get from Washington DC we ought be able to sell it to the Chinese.
AKRK I came up with .094 eps for 2009.Looks like its just beginning to move up on increasing revenue and net income. Uplisting just adds spice to the sauce.
AKRK Reading the Tea Leaves of Asia Cork’s Recent Form S-1 Filing
Monday, March 15, 2010, 11:30 AM ET -
by Dan France, GeoTeam Contributor
On February 12, 2010, Asia Cork Inc (OTC BB:AKRK) filed a preliminary Form S-1 outlining a planned public offering of units consisting of one common share and one warrant. The offering is likely to be completed in May 2010.
Since we don’t know the offering price for the units or the exercise price for the warrants, the dilution existing shareholders face is unknown. We do know, however, that even if the offering is placed at the current market price of around $0.40 per share with an exercise price for the warrants also at $0.40 that AKRK would still have a net book value of around $0.46 once the dust from the offering settles. That means AKRK, at its recent price of $0.38, is trading at a 17% discount to its projected net book value after the offering and before considering continued profitability during 2010. As a frame of reference, AKRK’s net book value at December 31, 2009 is estimated to have been around $0.58 per share.(see table below)
Please note that the Company will do a reverse split on the effective date of the offering to facilitate an up-listing to either the AMEX or NASDAQ. We don’t know the reverse split ratio, but we feel 1 for 10 is a solid assumption. That implies a share price of around $4.00 based on the current market price, qualifying the Company for listing on the AMEX.If the company's market price increases between now and the effective date, the dilution experienced by existing shareholders will be mitigated and the reverse split ratio may be reduced.
It is possible that Asia Cork is a coiled spring ready to be unleashed once management has the liquidity needed to embark on their well defined and long planned course for rapid expansion and growth, outlined in their financial filing and current S-1 filing. The benefits of the offering could therefore be far greater for existing shareholders than the consequences of dilution and the reverse split:
* Cash proceeds from the offering of approximately $16 million will ultimately be realized by the Company.
* Management intends to use the proceeds to, among other things, increase sales and marketing efforts both domestically and internationally, enhance production capacity (currently operating at 95% maximum capacity and unable to meet growing demand for their products), ensure raw material supplies, acquire other cork manufacturing factories and exporting companies in China (key transactions already negotiated and pending closure), and establish their own cork plantation in China.
* Once management’s initiatives are implemented, Asia Cork will be a vertically integrated business realizing significant operational efficiencies, cost savings, a secure source of raw materials supply, and expanded margins (200,000 square meters of new production capacity will be dedicated to their highest margin floating cork floor products).
* The notes payable due to investors, including Ancora Greater China Fund, will be converted to equity, resolving a liquidity issue that has been plaguing the company.
* The up-listing to AMEX or NASDAQ will open AKRK to many more investors and improve the liquidity and stature of its shares.
The most likely near term catalyst for AKRK shares will be the Form 10-K which slated to be filed on or around March 31, 2010. As the global economic climate continues to stabilize, it seems fair to assume that the momentum the company built during the quarter ended September 30, 2009 will continue in the fourth quarter. We feel there is good possibility that 2009 full year EPS will fall into a range of $.08 to $.10, meaning the stock is currently trading at around 4 times trailing earnings.
Assuming 2009 fourth quarter EPS results show progress and dilution is not overdone, we continue to believe patience with AKRK is warranted and longer term value investors may be rewarded. At the very least, the company's shares should see an adjustment in price due to the rectification of liquidity problems.http://geoinvesting.com/geowire/169/reading_the_tea_leaves_of_asia_cork_s_recent_form_s_1_filing
http://ih.advfn.com/p.php?pid=nmona&cb=1270210070&article=42192682&symbol=NB^AKRK see the notes at the very bottom of the page..... Fiscal Year Ended December 31, 2009:
The Company’s revenues
for the year ended December 31, 2009 were $24,393,625 compared to $21,378,041 for the year ended December 31, 2008. The Company’s net income for the year ended December 31, 2009 was $3,373,052 compared to net income of $2,732,154 for the year ended December 31, 2008. The Company improved its revenues and net income in 2009 despite the having revenues of $902,504 and a net loss of ($5,831) in the three months ended March 31, 2009 compared to revenues of $2,516,345 and net income
of $390,182 in the three months ended March 31, 2008.
Check out the AKRK board.
http://ih.advfn.com/p.php?pid=nmona&cb=1270210070&article=42192682&symbol=NB^AKRK see the notes at the very bottom of the page..... Fiscal Year Ended December 31, 2009:
The Company’s revenues
for the year ended December 31, 2009 were $24,393,625 compared to $21,378,041 for the year ended December 31, 2008. The Company’s net income for the year ended December 31, 2009 was $3,373,052 compared to net income of $2,732,154 for the year ended December 31, 2008. The Company improved its revenues and net income in 2009 despite the having revenues of $902,504 and a net loss of ($5,831) in the three months ended March 31, 2009 compared to revenues of $2,516,345 and net income
of $390,182 in the three months ended March 31, 2008.
AKRK I'm getting a p/e of 4.12 based on a 2009 net income of $3,373,052 and outstanding shares of 35,663,850 based on the closing share price of .39 , i hope someone else will double check my math.
I'm getting a p/e of 4.12 based on a 2009 net income of $3,373,052 and outstanding shares of 35,663,850 based on the closing share price of .39 , i hope someone else will double check my math.