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These are all fair questions Mr Wizard has collated. For one, I'd like to hear some answers.
Thanks Durkkdiggler! I'm in for the long haul so I can't wait to get the new PRs and answers. But most of all, one day, a PR for sales.
Contracts do not always mean a product has actually been delivered.
I'm holding long term.. I'm patient, despite my pleas to see a product.
Excellent. I hope we see some sales numbers or contracts soon.
Thanks for the slap.. but what I mean to ask is are these products in production? Has anyone ever received one?
If there's no product to sell then this PR is just hot air. Is there a product?
In all seriousness Supergarvis. Is there a physical product to sell right now? Or is it still to come?
I completely agree. Also.. I think they have at most 2 employees, including the CEO. The CEO is listed on this last PR as the press contact.
StockInsider, If PDGT sells shares will those transactions show in the volume?
A bit of me there.. I thought I'd start the ball rolling and grabbed another 6mil.
It's -nice- nwes but not actual sales. When sales and delivery of actual products occur, then you'll see a decent bump. IMHO
I won't balk at a quick dip further down before it goes back up. Some people might have orders in for a bit lower point. wink-wink nod-nod
Hagemeyer is a B2B distribution service. They'll match up companies to products and services.
Time will tell if this translates into sales. What is the date the product is supposed to be available, next month?
I see your point. It's sounds much like the BBB.
Yes.. I'm new to pinksheets. But even I can see that proper filings are going to be key to seeing this stock lift off.
Right now PDGT is in the Dark/Defunct category.
http://www.pinksheets.com/pink/otcguide/investors_market_tiers.jsp
It makes me wonder from what PDGT is afraid?
I still want an answer as to the taxes possibly owed. How can PDGT have a profit of $200k if they owe a good hunk of change in taxes? Open the books and file.
Or perhaps I'll just be attacked for asking questions also, removing emotion and not falling in with the euphoria.
Very well said Grande25. We have every right and expectation to be cautious and suspicious.
I like your question of "How does PDGT intend to upgrade their rating on Pinksheets.com?" and would like to here the CEO's response.
This stock is my only real gamble I may be making in my portfolio. My stock position is actually small but it gives me incentive and a vested interest. If the stock tanks at this point no big deal.
However, I've never played in penny stocks. So as I'm going through to research the company (which sounds like it is almost a different company than 1 year ago) I thought I would share my findings.
Also.. this is quite fun and a learning experience. Either way I see it as a win. And my wife tells me I always tend to dive in and focus intently on new projects. So that's probably what I'm doing here as well. I may be gone in a month or 6, who knows. Plus work is slow so I have extra time, for now.
What's the best source/provider for level II charts? Thanks.
I'm not trying to hurt PDGT. Quite the opposite. Give me and others an excuse to buy more stock!
Hell.. I'd even settle for a written outline of those same points. Video is just nice to put a face with a name and to be able to glean some character from body language.
Besides sales, I'd really like to see an online video message from the CEO outlining the strengths of the company and the challenges ahead.
Perhaps you could describe what the videos show when your done. Thanks.
True. So I'll rephrase and qualify. PDGT should not ignore some important shareholder demands and questions.
I view your requests as completely fair. If the company is strong then having PDGT provide info can only help the stock price. If the opposite is true then it will hurt the stock. But I'd rather know now. Ignoring shareholder demands and requests does not speak well of any company.
Being open would be good for PDGT.
Nothings going to happen with PDGT until there is a PR. So we're definitely in a waiting game now. There are always quasi-insiders, so we might see the stock move a bit prior to any PRs.
Where are people getting their info concerning these expected upcoming PR's? What's the source? Thanks.
I moved my orders from .0004 to .0005
A few hundred dollars is nothing comparatively if the stock were to take off. Ah good.. looks like both orders went through just now.
An article indicates that Brigade offered the FriskerPro and reports PDGT as their supplier.
http://www.allbusiness.com/company-activities-management/product-management/5275479-1.html
-Dan
I have orders in to pickup another 2mil if the ask hits .0004
Ah right.. thanks Durkkdiggler. We might be able to confirm that there is a real product in existence via Global Detector.
Also.. I'll go digging for info on Global Detector as a company. I'll report the good and bad, as usual.
Fingers crossed.
-Dan
The tax information I posted earlier was not clear whether it was still outstanding. I was just now able to confirm that it was still outstanding.
I thought I'd share what I find on PDGT. That's the point. Is this information not welcome?
Delaware taxes owed confirmed.
PDGT does owe $184k in taxes. I'd like an explanation from PDGT regarding this.
Confirm it yourself by going to:
https://delecorp.delaware.gov/eCorp/LoginAnnualReportsCLF
And as the File Number enter: 3555274
Dan
--------------------------------------------------------------------------------
File Number: 3555274
Corporation Name: PARADIGM TACTICAL PRODUCTS, INC.
Federal Employer ID:
Incorporation Date: 08/06/2002
--------------------------------------------------------------------------------
Agent Number: 9020245
Agent Name: HARVARD BUSINESS SERVICES, INC.
Street Address: 16192 COASTAL HIGHWAY
City: LEWES
State: DE
Zip Code: 19958
--------------------------------------------------------------------------------
Franchise Tax: $ 165,000.00
$ 100.00 Penalty: $ 100.00
1.5% Monthly Interest: $ 19,812.00
Annual Filing Fee: $ 25.00
Previous Credit/Balance: $ 0.00
Prepaid Quarterly Payments: $ 0.00
Amount Due: $ 184,937.00
Can hope for the best
The only negative I see right now is the possible Delaware tax owed.
I see that Vincent Cammarata is a new CEO that replaced Daniel. That's good because that tells me it's probably not a company created by one person for a scam. Their phones might not be answered or office actively staffed, but that may because they have no need until they have products ready to sell. Maybe that's soon.. we can hope.
I do think there needs to be more transparency. I'd like to see photos of the interior offices. Explanations concerning logistics for product delivery; if they are a distributor don't they need a warehouse?
If PDGT really wants people to take them more seriously then PDGT needs to address these type of questions. PDGT needs to lay these uncertainties to rest and for good.
Once PDGT does this THEN you'll see the stock go up. There must be confidence in the company. <Hops off soap box>
I didn't so much as stumble on PDGT, but stumbled on these penny stock websites. The PDGT was one of the active ones listed so I simply started researching it. It looked good so I kept on it.
VTP - I don't know if you are including me in "negative campaigning". I'm trying to do DD but you think it's being negative?
I've already identified the fed contracts in a post I made earlier. I've searched for PDGT's strategic GSA positions. Surely that's not being negative.
I feel I'm being unemotional regarding my DD. I'm laying out the info as I find it.
The biggest negatives are the -large- Delaware tax owed and the lack of verifiable sales revenue. The pre-orders are not sales. Many companies fail to follow through on promises. I want to see deliverables.
I'd like nothing better for PDGT to succeed. I currently have a starting position of 8 million shares betting they will. If I get sales proof then I'll take a stronger position.
-Dan
I would still buy PDGT, but these are my current concerns:
- Is Delaware corp tax still owed? (I think so)
- Does PDGT have any manufacturing capability? (doesn't sound like it)
- Number of employees? (never provided
- CEO bio (never provided)
- Any other existing PDGT debt?
Anyone can add their own.
PDGT owes taxes
A quick call to Delaware's tax division can verify this.
As of 03/02/2008 Delaware reports that:
AR DELINQUENT, TAX DUE
Tax Due: $289,852.00
Last annual report filed: 2006
File number: 3555274
Registered Agent:
HARVARD BUSINESS SERVICES, INC.
Address: 16192 COASTAL HIGHWAY
City: LEWES County: SUSSEX
State: DE Postal Code: 19958
Phone: (302)645-7400
Sorry link wrapped.
Try this:
http://tinyurl.com/5nln4h
Then click the photo.