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Spec thanks for your research and dd....keep it coming!
trending upwards!
yep moved up again on very little volume.
we'll see what's restricted and what's not....soon enough....read the ONYI 8K
well if your holding long term it doesn't matter if they're restricted.....I'd rather have shares I can sell if I so desire
I was just wondering what your take on the matter was in the 8k from ONYI it says it is issuing 900 million shares of restricted stock so I am assuming when the merger happens anybody stuck with Usse shares will have restricted shares....in any event I sold my shares at a 35% loss If I buy I will buy ONYI shares because of the resricted wording in the 8k
when the changeover happens from usse to ONYI will the new shares via the 1 to 1.3 split be restricted
how about it Max are they going to be restricted or not?
it looks to me like the usse shares will be restricted can you say yes or no if they will be
The Hami Perfecture contract is being negotiated it's not finalized you have to deduct 15.4 mil from those figures.
Just emailed Mr. Choe.....hopefully will get a responce...will let everyone know when I do
Thanks for the posts speckulator I hope you get a responce on the email you sent....I didn't have any luck. Interested mainly in when they plan on filing financials Keep us informed when you find out something.
Thanks for the post and welcome....good luck hopefully TTCH will reward us.....btw how many shares did you pick up....maybe we could start a share count I personally have 458,801 shares
Yeah Financials would be nice.....playing this one long term because of all the projected revenues..I don't know how much financing they still need short term...picked up more though when it went down expect it to recover already seeing that today. GLTY
Yeah I know it's down....I picked up more.....should bounce back....I'm not concerned just waiting for the financials...Hope to hear something on Hami as well...
I'm out....sold the rest of my shares....picked up some more TTCH...bottom play!
Buyins.net has a squeeze trigger of .02 ......It's being shorted
I have no idea why.....honestly I think this one is being shorted.....I wonder how many shares are really out there.
Taking a beating today!
they are supposed to come out with their finacials.....
another cut and paste from Raging Bull
I spoke to Mr. Choe this week again.
I had another pleasant conversation with Mr. Choe on Monday.
FINANCIALS
-- Short-term debt: $6 million
-- The rest of liabilities are material and labor payables (a bit unsettling)
-- Management of the company “does not believe in” long-term debt (also a bit unsettling)
-- 2006 financials should be out “any minute”
-- I asked why the June ’06 six-month results were not published last year (as they were for June ’05). Mr. Choe said he did not know, but they should have been.
NOTE: I gather that Mr. Choe’s Stanford Venture Group took TTCM China public through a reverse merger and that Mr. Choe is helping the company in the U.S. and that he does not have an active role in managing the company. (This is merely a belief on my part.)
SEC
-- TTCH filed the Section 12(g) report because the company they reverse merged into was an SEC filer, but pink sheet companies do not have to file with the SEC (From a previous phone conversation.)
STOCK
-- 70-80% insider ownership (same as mfitrader’s info)
-- none of the insiders have any intention of selling their shares
-- 63 million outstanding
-- about 10 million shares were issued recently under Rule 504 ( why it went from 54 to 63 million outstanding)
CONTRACTS
-- The 2/15 announced LiaoNing contract is a new contract, not a duplication of the October-announced one.
-- I asked how they can get so many large contracts if they cannot fulfill them. He said that it takes a long time to make each pipe – winding all those filaments. (I understood this to mean that going slowly is expected and these are long-term contracts.)
-- These enormous pipes are hard to ship, that is why they set up factories near the customer. Setting them up is not difficult.
COMPANY NAME
-- He confirmed that Hebei Tianlian Industry Company is the same company.
EMPLOYEES
-- About 120 per video on ttcmchina[dot]com
-- 1000 per tianlianpipe[dot]com[dot]cn/
-- 300 per Mr. Choe in one of his wallst. net interviews
-- He said key (regular) employees number about 300, but the amount can vary depending on the amount of work
PRODUCTION LINES
-- Video: 5
-- 26 per tianlianpipe[dot]com[dot]cn/
-- Fluctuates per Mr. Choe
OTHER
-- The vanadium mine deal did not go through
PHONE NUMBER IN CHINA
-- There is a phone number in China on the tianlianpipe[dot]com[dot]cn/ site. I called at noon EST about a week ago just to see if it would go through. To my surprise, a pleasant, English-speaking Chinese person answered the phone – at about midnight their time. He said I could e-mail him with questions, which I have not yet done.
Welcome Bigone,
Goodluck with this one I have a feeling it will pop nicely someday. Still waiting on Hami contract and revenues!
Who knows maybe it'll run again!
How many days left of these exciting 14 days?
I know I should stay eternally positive when I'm down 40%
When a contract is signed I'll jump for joy!
Yeah pump pump pump
Still waiting....won't invest a penny more until we get some revenues! More PR fluff today......TTCH up 3% a total of 81% since i sold most of my shares of USSE
Pinksheets.com gives you updated bid and ask I think they are delayed though
hehehe....you guys are hilarious....just be patient....I sold most of my share just hold about 10000 would like to but more but I'm waiting for some good news and revenues
buy some ttch!!!
continuing the move upwards.....nice to see....maybe we get some info on Hami and earnings
Yeah nice close....definitely trending upwards....was down just before close but recovered. Maybe we'll hear something on earnings on the 1st
OT: I did!!! TTCH
My TTCH closed nicley ..... guess I was right to sell most of Usse......I'll get back in soon!
Checkout TTCH moved up this past week....more to come!!!!
Got a feeling TTCH is gonna move up this week!
A cut and paste from Raging bull
From what I have been able to gather in doing DD on this company, it appears to me that:
(1) TTCM China has under 70M O/S
(2) Float is around 20M
(3) Insiders own about 3/4 of company's stock
(4) President says company will not issue shares for cash
(5) No long term debt
(6) Short term debt of around $10M
(7) Recently paid down S/T debt by $2.5M
(8) No convertibles or toxic financing
(9) Company has been profitable for the last few years
(10) Has proprietary technology that is in high demand in rapidly growing field
(11) Contracts are being signed at increasing rate
(12) Highest prior annual revenue has been under $10M
(13) Recent contracts have been among largest in company's history
(14) In last few months alone, potential contracts exceed $80M (majority of which are 2 year contracts)
(15) MARKET CAP IS UNDER $3 MILLION!!!
Yes, management says they are in need of more working capital. Yes, it is a pink sheet stock. Yes, as a pink sheet stock it has not had to be transparent with its fundamentals etc. Yes, company executives may be crooks who are deceiving potential investors and shareholders, but that can be true with any company.
So, in light of the above, I am asking anyone to please educate me as to what I'm missing.
- - - - -
I asked the question awhile back didn't get an answer...storage problems is what I was thinking as well....where to put all that biofuel....what's the answer??
Yep I've given up waiting for those pr's.....my money is off the table until we get some revenues....got almost 100% gain in TTCH since I did would like to reinvest here but am waiting for promises to be fullfilled.