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Putting in a low bid does not drive the pps down..
Its just supply and demand; market dynamics.
If I put in a bid for apple at $50/share it doesnt mean its going there. The more motivated buyers/sellers control the direction of the pps.. the MM's are there to be the arbitrators but they also have an agenda... to make money.
Flag and post forming.
Why should Pat be behind bars?
I believe the Pot is calling the kettle black here. If anyone has been unlawful in my opinion its you. You are throwing around accusations that you cannot support. Maybe thats why your posts are being dissolved.
I too am wondering why you are skirting the question. Where and when has Pat lied?
Please provide a legitimate quote or filing.
I suspect this will happen aswell. Recent volume will be dwarved by the volume that will pour in once financing is announced.
Also dont forget that insiders cant buy until that news is officially revealed and that in of itself will create more buyers.
Once the day traders who bought this in the .02's are done and the overhead is absorbed this will move quickly north. I am looking forward to one last buy in the .03's to solidify my position.
Once financing and other fronts are revealed good luck trying to catch this under .30
GLTA
Except today and yesterday and probably tomorrow.
Looks like faith is reborn!
Do you have anything to contribute to this board besides your one liner?
We dont need to make him do anything. Hes doing it on his own.
Start Me Up.
Would be perfect timing. Thanks for the update JJ. And also to whoever was our eyes/ears on the ground.
Slyder,
Can you please put this into context for the layman? I am by no means an expert on this.
Yes.
I have seen that before but isnt that only calculated as of the date for the record. For instance it could be much higher right now but covering could start and the final short interest could be neutral by the next short interest reporting period - August 30th for example.
There tends to be a spike every 6 weeks or so.. that could be an explanation.
Rising short interest can still affect the share price in a negative way.. its all about when and under what circumstances the short shares are returned.
Reg Sho is what FINRA shows is it not?
We understand what the Short Volume represents. The problem is that the MM's havent been buying back those shares. If they were the short volume would be 50% or less than the total volume.
Anything over 50% is a sure sign that there are outstanding short shares.
Although the short volume is absolutely ridiculous it isnt illegal. There are some stocks that have their entire days volume as short volume. Theres not much we can do about it except get off of the OTC and onto a more transparent exchange.
I hope Pat can pull this off and do something that will catch these shorts with their pants down and create a short squeeze.
A YES vote will help.. lets create some buying pressure to force a short squeeze and watch the fireworks.
Im on board with that.
And I agree that 72% short on a volume of 2M is heinous.
If conditional financing was PR'd you would be all over it saying that it means nothing because nobody would permit Pat to build a cyclotron. You would then go into a diatribe about such things and say that conditional approval is a way of skirting any real commitment becuase nobody has secured a location and/or a deal to manufacture the cyclotron.
Your personality type makes it difficult to reason with. Im sorry but I will no longer entertain this conversation.
Your little song and dance is old hat.
July 12th will be the reveal.
Your not picking up what I am putting down.
You cannot secure private financing of 55M WITHOUT having a specific location in mind among other criteria which needs to be met. You dont cut a cheque to someone and let them run around with it trying to figure out where and how to spend it.
You can give conditional approvals.. thats what I BELIEVE Pat has.
Again.. would you prefer they PR conditional approval on financing? or would you prefer they PR a definitive agreement upon agreement from the municipality?
Simple question.
I believe POSC IS pre-approved for the financing by the lenders.
Do you think they should have a PR about pre-approval or maybe just wait and PR the actual signed deal?
Is this a self-defeating argument for you? You want the horse leading the cart but you argue against it. Just because you dont know what/if financing is lined up doesnt mean its not there.
Hey Ugotringworm,
Can you please lend me 55M for a cyclotron. I will build it SOMEWHERE in the United States and I hope to have that county/municipality on board.
As a lender would you really committ millions of dollars without knowing where the location of your investment will be?
Lets get real here. A suitable location has to be acquired before anyone will even consider forking over the funding.
The current order of things is the right order.
Keith.. with all do respect. Theres 800M shares out there. I dont think your theory of hardly anybody knows about this stock is far from true. Most people just want to see some light at the end of the tunnel before they invest or re-invest into this company. If I werent in this game I would be waiting for something more concrete and the pps to flatten out before I got in.
My average is mid 5's. This is by far the most potential I have ever seen in a stock trading in the 2cent range. Just need a sign from the CEO that he's not gonna pull the rug out from all us shareholders.
Timing is everything.. and remember - a rolling stone gathers no moss.
TIO NETWORKS 2011 Q3 REVENUE INCREASED 13% TO $9.5 MILLION
Vancouver, BC, June 27, 2011 – TIO Networks Corp. (TSX-V: TNC) today announced its third quarter and nine month financial results for the period ended April 30, 2011.
Financial & Business highlights:
1) 35 consecutive quarters of transaction growth;
2) Quarterly EBITDA* increased 123% to $451,000;
3) Cash flow from operations before non-cash working capital items was $340,752 and $922,167 respectively for the quarter and nine month periods;
4) The negative impact of US/CAN dollar exchange on revenue was $507,000 and $1,180,000 respectively for the comparative quarter and nine month periods one year ago;
5) TIO’s Smartphone bill payment app made Top 50 list of free finance apps on Apple app store
*EBITDA is a non-GAAP measure - earnings before interest, tax, depreciation and amortization, and stock-based compensation.
The Company ended the period with cash, cash equivalents and restricted cash of $2,654,000 and no long term debt.
“TIO extended its record to 35 consecutive quarters of transaction growth with continued growth in revenue and most importantly achieved positive net income before foreign exchange losses,” said Hamed Shahbazi, Chairman and CEO of TIO Networks. “With our core walk-up bill payment processing business healthy and growing we are rapidly developing new products to capitalize on the success of our mobile platform.”
Conference Call: A call to discuss the results will be held Tuesday June 28, 2010 at 12:00pm EST. Please dial (416) 644-3426 in Toronto, or Toll free, 1-800-731-5319 and request TIO Networks.
TIO Networks Corp.
TIO is a leading multi-channel expedited bill payment processor with over 58,000 location endpoints to its processing network. TIO bill payment processing capabilities include best in class mobile and web applications. TIO symbolizes fast, convenient and secure access to expedited payment services. www.TIOnetworks.com
Based solely on charts there is a massive ammount of accumulationg going on. Maybe Slyder can post the lastest charts with a few snippets of insight.
We shall see in 6 days what management's trust factor is.
Earnings are due out Monday - June 27th.
Conference call on Tuesday - June 28th.
Should get an update on revenue's and projections along with developments. I think the exchange rate will help us this quarter compared to previous ones even tho previous quarters were very positive.
XBC.TO - Prime to Breakout.
I have a feeling this is going to be a milestone year for ABM. The year already has seen a monumental increase in valuation and they have a number of really promising projects in the works. That along with sales from their new property and the the potential that the new chairman brings is really exciting.
I wouldnt be surprised if they are looking for an uplisting soon or do a forward split. Just my opinion based on what I think is happening.
Athabasca Minerals Announces New Chairman
Edmonton, Alberta -- June 15, 2011 -- Athabasca Minerals Inc. (the "Corporation") (TSX Venture: ABM) announces today that Theodore Rousseau has tendered his resignation as Chairman of the Board effective today in order to focus on other obligations. The Board of Directors thanks Mr. Rousseau for his services. Mr. Rousseau will remain a Director of the Corporation.
The Corporation is pleased to announce that the Board of Directors has appointed Douglas M. Stuve as Chairman of the Board. Mr. Stuve is a partner with the law firm Burstall Winger LLP of Calgary, Alberta. His principal area of practice is corporate finance and securities law, as well as general corporate commercial law. He is a member of the Securities Law and Business Law Subsections of the Canadian Bar Association (Alberta Branch). Mr. Stuve holds a Bachelor of Arts degree (with distinction) from the University of Alberta and a Bachelor of Laws degree (LL.B) from Queen's University, Kingston, Ontario.
Mr. Stuve has served as a member of an advisory committee to The Alberta Stock Exchange and was part of the advisory committee in Calgary, Alberta to the Canadian Venture Exchange Inc. ("TSX Venture") to assist in formulating policy prior to and after its formation in November 1999.
Mr. Stuve has served as a director of several public companies and is currently a Director of the Corporation, New Sage Energy Corp. and E.G. Capital Inc. (all TSX Venture listed companies). Mr. Stuve is a past director of several public companies, including Patfind Inc., the first Capital Pool Company offering completed on TSX Venture, as well as Deepwell Energy Services Trust (TSX), Tesoro Energy Corp. (TSX), Kelso Energy Inc., Colonia Energy Corp., Regal Energy Inc., Cascadia International Resources Inc., International Technologies Corporation, Sabrich Capital Corporation, Yangarra Resources Ltd., Amalfi Capital Corporation and Lime Hill Capital Corporation.
Early bird gets the worm.
Also when your a dinosaur it can be quite challenging to shift your focus and get involved in a completely different venture than the one that is your bread and butter.
You are seeing COV take on an remarkable transition with the evolution of its business/revenue model. This is a daunting task for a company of that size. Thats whey they prefer to buy out smaller companies that are more adept at the quick manoeuvers neccessary to jump on these kinds of opportunities.
POSC also has some key people with vision and the ability to identify trending opportunities way before the rest of the market realizes the glaring hole that needs to be filled and with that ability comes a whack of dough.
Xebec announces 2011 first quarter financial results Reports Sales Growth, GM Expansion and Positive EBITDA
MONTREAL (QC), June 14, 2011 - Xebec Adsorption Inc. (TSX: XBC) ("Xebec"), a provider of biogas upgrading, natural gas and hydrogen purification solutions for the clean energy market, announced today its 2011 first quarter financial results.
"We achieved 103% revenue growth and substantially reduced our loss by more than $2.5 million for the quarter. The recent restructuring of operations is showing results. In the short and medium term, the future for renewable energy remains very positive. Green energy initiatives are on the agendas of municipal, provincial and federal governments worldwide. Corporations and consumers are increasingly looking for green energy solutions to protect the environment, reduce their carbon footprint and try to comply with evolving regulations. The biogas market is set to become our primary growth driver over the medium and long term." said Mr. Kurt Sorschak, Chief Executive Officer of Xebec.
Other Recent Highlights
Xebec commissioned and transferred to customers two biogas upgrading plants in North America and Asia
Xebec announced the signature of a Memorandum of Understanding (MOU) with Anyang Yinshang Ltd. (“Yinshang”) for the development of biogas upgrading projects in China
Xebec announced the signature of a contract valued at RMB 7.1 million to provide a complete biogas upgrading plant to Heilongjiang Loonggas Investment Co., Ltd. in China
Xebec delivered several special hydrogen purification units to customers in the US and Europe
Xebec delivered a gas dehydration unit to the New York City, Department of Transport (DOT)
Xebec delivered a gas dehydration unit to GazMetro for the first mobile refueling station in Québec, Canada
Xebec announced the signature of an engineering Service Agreement with ExxonMobil for USD 2.0 million
Xebec announced the signature of an engineering Service Agreement with Nuvera Fuel Cells for USD 1.75 million
Xebec announced the signature of a Technology License Agreement with Nuvera Fuel Cells for USD 1.5 million
Xebec announced the signature of its first ever Service, Maintenance and Operations Agreement for a Biogas Upgrading Plant with a Gas Utility in the United States
Xebec continues its companywide cost control and return to profitability program
Subsequent to quarter end, Xebec announced changes to the Board of Directors
Xebec appointed Eric Favreau to the position of Chief Financial Officer
Commenting on the quarterly results, Mr. Kurt Sorschak, President and Chief Executive Officer of Xebec said: “This has been a very exciting and challenging quarter for us, as we made good progress in the restructuring of our business. We continue our drive to strengthen our balance sheet and improve our working capital position, while at the same time focusing on reducing costs, improving productivity, driving sales and ultimately moving the company towards growth and profitability. Our efforts are starting to show first results, as seen in our Q1 numbers.”
Financial Results
Revenues
Xebec posted revenues of $4.1 million for the first quarter of 2011, a 103.4% increase compared to $2.0 million in the first quarter of 2010. This increase is the result of a stronger order backlog going into Q1/11 and revenue from the monetization of certain intellectual property.
Order Backlog
As of June 13, 2011, total order backlog stood at 10.6 million, compared to 11.2 million as at May 12, 2010.
Gross Margin
Xebec’s gross margin for the first quarter of 2011 amounted to $2.0 million, compared to $0.1 million for the same 2010 period, resulting mainly from an increase in margin from product sales, newly added engineering contracts and license revenues, combined with our cost control measures.
EBITDA and Net Loss
The EBITDA for the first quarter of 2011 amounted to $0.2 million compared to ($2.7) million in the first quarter of 2010. The positive EBITDA is the result of improved gross margin and lower overhead expenses.
The net loss for the first quarter of 2011 totaled $0.2 million, or $0 per share, compared to a net loss of $3.4 million, or $0.11 per share for the same 2010 period, reflecting primarily a $1.9 million increase in gross margins and a $0.7 million decrease in selling and administrative costs.
Selling and administrative expenses were $1.9 million for the first quarter of 2011, compared to $2.6 million for the same 2010 period. The decrease is mainly attributable to the implementation of cost control measures.
As at March 31, 2011, the Company’s cash on hand totaled $0.9 million, compared to $2.3 million as at December 31, 2010 and $5.1 million as at March 31, 2010.
Xebec 2011 first quarter Financial Statements and Management’s Discussion and Analysis include further information on the Company.
Outlook
For the remainder of this year, Xebec will focus on further improving its financial position, finalizing its standardization work on biogas upgrading plants and improving its market position in its various market segments. In addition Xebec will continue its efforts to monetizing some of its assets and certain parts of its intellectual property, in order to create additional liquidity and strengthen its balance sheet.
2011 First Quarter Financial Statements and Management’s Discussion and Analysis
The complete financial statements, notes to financial statements and Management’s Discussion and Analysis for the three-month periods ended March 31, 2011, are available on the Company’s Website at www.xebecinc.com or on the SEDAR Website at www.sedar.com.
Slyder. Any chance you can post a recent chart for POSC and a point or two as to acc/dist?
Just tells you how long this deal has been in the making.
Athabasca Minerals Receives Positive Test Results of Silica Sand for Commercial Use
EDMONTON, ALBERTA--(Marketwire - June 10, 2011) - Athabasca Minerals Inc. (the "Corporation" or "Athabasca") (TSX VENTURE:ABM) is pleased to announce the results from the Corporations' 12,800 hectare Firebag property located in the Wood Buffalo region of Northern Alberta (the "Firebag Property"). Initial results of this testing demonstrate that the proppants quality testing of the silica sand conducted by Stim-Lab Inc. ("Stim-Lab"), a recognized leader in proppants testing for the oil and gas industry, has produced favorable results.
The samples submitted to Stim-Lab were initially prepared by Outotec (USA) Inc. of Jacksonville, Florida ("Outotec"), a global leader in frac sand plants design and supply. The samples were selected from various test holes that represent a typical layer of silica sand from the Firebag Property.
These non-beneficiated sample test results of three grades meet or exceed API/ISO Specifications for Proppants used in Hydraulic Fracturing and Gravel-Packing Operations.
Dom Kriangkum, President and CEO of the Corporation said: "We are delighted by the Stim-Lab test results. Proppants require a high quality crush strength silicas rating. The Corporation's ratings of 6K for 20/40, 8K for 40/70, and 10K for 70/140 exceed the requirements. These test results position our products as being eligible for use in most oil and gas drilling operations across North America."
The average wet sieve analyses of 70 samples from the drilling program on the Firebag Property were tested by Loring Laboratories Ltd. of Calgary, Alberta.
"The sieve analyses indicate the raw materials can be processed as proppants with little waste", said Kriangkum. "Our current permitted Firebag area is in excess of 12,800 hectares of land. The next steps are to retain an independent expert to confirm the size of the resource and to obtain approval for development."
Kriangkum further explained, "Transportation is the largest cost component determining the delivered price of frac sand. By locating in the Fort McMurray area, the Corporation anticipates that it can compete favorably against existing suppliers to the Bakken Oil Play and the Horn River Basin".
The Corporation intends to proceed with preparing a National Instrument 43-101 compliant independent report with respect to the Firebag Property this year. The Corporation also intends to work with Outotec to review and consider the most appropriate design for a frac sand plant at the Firebag Property, as well as the capital costs required.
Mr. Darrell Cotterrill, P.Geol, is identified as the Company's qualified person under NI 43-101 for this news release.
Doesnt the conference end today?
If so they should issue a PR tomorrow. Or make an announcement at the show itself if theres anything they want to announce.
T-form trade pre-market. .072
Can slyder provide the latest chart please?
Athabasca Signs Land Use Agreement with Large Camp Provider at Poplar Creek
Edmonton, Alberta - June 7th, 2011 - Athabasca Minerals Inc. ("Athabasca" or the "Corporation") (TSX Venture: ABM) is pleased to announce it has entered into a long term land use agreement (the "Land Use Agreement") with a large camp provider (the "Camp Provider") to transfer a 42 acre parcel of developed land out of the depleted portion of Athabasca's current miscellaneous lease at Poplar Creek to the Camp Provider. The Camp Provider has constructed a facility on the lease that can currently accommodate approximately 500 workers, primarily employed in the oil sands industry. Pursuant to the Land Use Agreement, the Camp Provider pays monthly fees to Athabasca. The Camp Provider also agreed to make a contribution towards the estimated cost of reclamation.
President Dom Kriangkum states, "This relationship with a large Camp provider is a significant development in our ongoing growth strategy to optimize opportunities within the oil sands region. By developing additional revenue sources for the Corporation, we can continue to benefit from increased activity in the area."
The Corporation also announces the completion of an all weather road at the Corporation's new Kearl aggregate pit.
Guess whos back?
UBSS there it is!
Showing Volume of 3.89M as of right now.