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Here's hoping it's a long leg! lol
If this stock is a miracle for me I promise to NEVER
Allocate more then 35% of my cash for investing, or put all my eggs in one basket again. If only I had used this low cost, Pink & OTCBB shell strategy when I had a good foundation to work with!
Along with my previous stock disaster and the past few years as a result! LOL
Edit: & It would be really awesome! lol
Edit: Ok well I can't post anymore so I have a workaround for a few more minutes anyway LOL. Looks like it's really starting to get interesting today. Good luck everyone since I won't be able to say anything else today! LOL
Edit: Ahhhhhh I can't post anymore until tomorrow lol
My advice, follow your heart, if you have other stocks that you don't want to part with then don't, and never chase a stock, and never take advice from people on a message board either lol good luck
Maybe they will give each of their shareholders one of those r/c drift cars as a sign of goodwill after the merger is complete. :p
lol
I don't know what any of this means, but PERT is definitely my favorite with the 1000.03 ask! lol
The picture before I got to the lower area was far too disturbing and wrecked the whole thing! lol
Yhea the help with financing arrangements would be a huge plus, especially considering they have a stake in it. Maybe they are continuing on as a private company, then today's pr from that other company would make some sense. Nice addition of the hot chicks to the ibox too! lol
No, nothing to do with JPCI or the merger, but certain things in that PR, in light of the current JPCI merger, left me scratching my head. Then I read some posts on that other company's message boards..... and I know you have to take message board posts with a grain of salt, but I do hope John Canouse is aware of today's pr.
If so then great, maybe they are continuing on as a private company, who knows, as I said, I'm not sure of anything. lol
I am no longer sure of this. lol
Hmmm........
Been reading some posts on another message board. lol :/
An 8k definitely!
From the wording of that PR, it almost sounds as if the current JPCI people are going to continue on as a private business after the JPCI shell merges with Componus. If so, you'd think they'd also be working on behalf of / looking for institutional investors for Componus as well. Only a guess / assumption though.
I want one! lol
Wow, if they can find institutional investors for some Pet insurance company then they should be able to do it for their own soon to be stock, Componus as well! Good sign!
Nice, sometimes some nitch thing like that can lead to great things. Look at those croc shoes and the revenue they generate! LOL & R/C drift cars are a lot cooler then crocs in my opinion!
I am feeling better about things tonight, I've been talking to some family members who seem to think I'm missing the big picture regarding the importance of an established primary contractor for dozens of factories in China Taiwan, and Korea. I realize now that companies like the Big Three don't want to deal with 50 individual factories for parts and that is why Componus with their network has such potential. That said, their business model, including the Detroit Auto Salon makes perfect sense, though with the current state of the US Auto Industry I would like to hear that they are also aiming towards possibly landing some contracts with emerging markets, like those Chinese and other overseas car companies that will be growing rapidly in the near future. An oem contract with a Company like China's Chery could be as profitable as one with a US company the way things are going so I hope they are in that market as well. This look promising though in my opinion.
Believe me, I really hope your right! lol
I agree, better then 15 cents, even with twice the shares. lol
I'll be honest, when I thought Asia Forging Supply might actually own those factories throughout China, Taiwan, and Korea, I was really excited and having visions of 14 to heck maybe even 26 dollars a share someday.
Knowing now they are a "prime contractor" for those factories, and own the Detroit International Auto Salon building, I have more realistic expectation now, much like I had in the beginning. I am thinking 3 to maybe 4 dollars down the road, post split and merger, and with some time for their actual revenue to meet those projections. Maybe I am completely wrong and completely missing something here and my expectations are too low, (hopefully not to high anyway lol) but 3 to 4 down the road a bit after the merger, if those revenue forecasts are correct, is still better then where we are now.
"Asia Forging Supply Company (“AFS”) of Taiwan, a prime contractor for a network of factories throughout Asia"
That answers my ownership question, they are a "prime contractor" for those factories. Anyone know of any stocks that provide a similar contracting service for an industrial sector, which I can use as reference to try to figure future price potential? About the only one I can find so far is a company called China Direct, which trades in the 9 to 13 dollar range, and has around 140 million revenue, and 25 million total OS shares.
I think it said somewhere that Huang, the CEO, arranged a deal to supply oem wheels to a GM product at some point early in his career, before forming Asia Forging Supply. That would suggest he is known in the industry as well which doesn't hurt.
That's probably why they have those 50 factories at the very least partnered with them. Anyway glad we are entering third week, looking forward to getting more of this merger show on the road! lol
On the bright side
Having over 50 factories partnering and working with you isn't too shabby regardless. Definitely looking forward to some future 8k's though. Also better to be going on 3 weeks into the merger process then 3 days anyway!
I sort of get the feeling if we owned all those factories we'd be at 50 dollars right now lol.
Only one thing has me confused about Componus
Componus I believe owns the Detroit International Auto Salon building, and it apparently generates decent revenue from its sales figures and projections, but do they actually own any of those factories in Taiwan, China and Korea, or are they all partners where they join with Componus, and Componus, for their services, receive a certain percentage for the sales they bring to said factories?
At first I thought the factories were simply partners, as the graphic in the ibox that states 50 "Alliance factories" suggests, then I thought Componus might actually own some of them, now I am unsure again. Is Componus a middle man with the connections, working for those factories in Asia, or are do they also own some of those factories?
I am somewhat unsure.
Hmmm, Cramer says ..... lol
Yes I know we are speaking of Cramer here. LOL, but still, he says we value stocks now, for 2010. If that's true, and IF Componus's revenue forecasts going forward are accurate, then that could be a really good thing for this stock once the merger is complete.
It's pretty obvious this isn't going to go overnight like Sports Entertainment, but maybe once this merger process plays over the next few months, and more info related to Componus is revealed in future 8k's, and this stock is really valued for 2010 in the not to distant future, then maybe we are going to have better days then today ahead.
My opinion and hopes anyway. lol
Thanks, looks very impressive in the pics.
Those Detroit Auto Salon building pics really impress me.
The Canouses have been at the JPC site for years, that is the shell company that is being taken over! Or was that an April fools post? lol
All the info you need is right in the filings!
haha, I was about to say the same thing. We have one of the snazziest forums here, good work guys! lol
The heck with that, I've been through years of misery from a previous stock disaster. If this is a miracle then the sooner it takes off the better! lol
Great! lol
Hey Dick Tator, I'm sort of phobic so.....
when JPCI eventually changes it's symbol and name, can you have the iHub admin rename and keep this forum, rather then abandoning it and having someone start a new one. Things are going well with this forum lol.
That was my initial estimate, but with most of the OS apparently not going into the public float, who knows the true potential. With some past shells, this is the period in their existence where, given some unexpected good news or event, some strange stuff has happened. Not saying it will here, but personally I'm glad to be in this right now. :p
EXTREMELY good in my opinion!
Nope wasn't me, I won't be doing much more with my portfolio until or unless JPCI plays out completely and hopefully in a positive way, and I'm holding that through the entire merger / reverse split process and beyond.
Oh wow, I didn't realize that.....
this really changes my view of things a bit on potential moves, wow..... :p