One of the few bright spots in the GE report.

However, VASO has yet to translate cash flow/profits from this sector into company wide profitability. Instead - SG&A bloat continues to hold company back.

Need a 3rd data point to determine a trend - two are just a line. If that number doubles or triples in the next month or two - we know sales are increasing exponentially and that is ultimately what we need to see. Either way - the increase is positive but we really need to see that jump to 100s of thousands in sales per month and then millions. That will signify real market acceptance

Took almost an hour to fill an order for 3MM at 1. For 30 min or so - NITE was the only offer at 589K. Order filled in 5 tranches and the offer by NITE didnt change. Still there as well as 3MM now from CSTI.

I have all those things except the country club membership. Again - those are pretty standard at that level. The CC memberships are expensed usually as c-suite personnel due a lot of entertaining/business on the course with prospective clients so it makes sense.

He did not get cash for those stocks. The compensation lists the "value" of those at the time they were issued. MUCH different from salary or cash. Again, if he was trying to soak shareholders he could have made the bonus goals superfluous, paid himself the $200K bonus, and then bought all the shares he wanted on the open market.

Those compensation shares dont mean anything if he doesnt raise the value of the PPS and/or starts selling them en masse. If he does that - he will completely tank stock price.

"Stephen L. Gurba has a three year employment contract with the Company dated February 25, 2013, providing for an annual salary of $386,000 and various fringe benefits, to include use of an automobile, corporate country club membership not to exceed $12,000 annually, and term life, disability and health insurance. He also is eligible for up to a $200,000 bonus annually based upon meeting certain sales and EBITDA goals. There was no bonus paid during the years ended September 30, 2017 and 2016."

One can argue $386K is high but I wouldnt call it excessive. Rest of the officers are relatively low. If he really wanted to soak shareholders-he could have created BS goals to absolutely ensure he received cash bonuses by "meeting" them. Assuming sales of $40MM - $385K is NOT even that high. You can throw a dart and hit dozens of CEOs with half those revenues making 7 figures. It is relative. I would prefer him to be $200-250K based on other officers and beingnlargest shareholder but if this doesnt make it - he never gets a return on the investment taking over the company. Its relative.

They had 4 or 5 people in the booth at the Indianapolis shownlast year and probably will have that in Vegas. That is around $25K-50K tied up in that Vegas show between the booth space and T&E. Those spaces arent cheap. Why would the company spend that money if this was nothing but a shell...? If they are just lining their pockets - why "waste" $50K on a needless expense to sell shares?

Regardless of how they have managed the business side of a public company - they have real products being sold to real customers and in an industry that will see a fundamental shift towards that type of product/technology. Whether or not the individual long term investor (woth higher cost basis)will do well here can be argued all day long but the risk/reward for new investors is very attractive.

This company was essentially a shell when Gurba took it over. A group of individual businesses that werent making money and no real connection between them. They were riddled with debt.

Yes he has increased OS and AS but he has also built substantial revenues, removed a lot of unproductive and corrosive debt, streamlined costs/businesses, secured conventional financing, and moved a lot of past debt holders into equity positions further reducing debt.

Now - was there a viable way to do this WITHOUT increasing OS...? S9 far - he has been pretty consistent and transparenf in the several years I habe followed/invested in the company.

I also agree most of this trading/volume is retail selling off short term positions that didnt skyrocket as well as aggressive shorting by MMs taking advantage of the lack of aggressive buying interest. Same cycle that happened last two drops in this price range.

Company is MUCH better positioned from a debt/revenue standpoint today (plus the increased opportunities) than it was a year ago even with the OS increase approaching 900MM.

Thanks. That was surprisingly simple to install/log in.

I have went round and round with their IT engineers and CS who claim the issue doesnt exist DESPITE the overwhelming # of comments on Google Playstore complaining aboht the exact same thing.

I dont see how this gets into pennies anytime soon but I certainly wont complain.

Since TDAmeritrade still cant seem to keep their mobile app feom consistently freezing on OTC stocks - can someone post a screenshot of L2 with current MMs on the ASK at 1 and/or just list them? Ive been buying the last several weeks as well and also took some more this morning

I had a friend of mine visit their booth in Indianapolis two years ago while they were doing a trade show. It was deifnitely a professional booth and presentation. Now-whether that ever translates to shareholders is another story but it is a real company with legit R&D and products. Again, if they ever scale up before the toxic debt wipes them out is a different story.

Lot of traders will flip the 1s for 2 and 3 for the quick profits so there will be a lot of shares to churn through before and real movement is seen.

Ok. Is that nunber published anywhere or is that an industry SWAG?

What is actual OS?

$80K/ton? If accurate - that is $40K/month in revs hp to $560K/month in December which is $6.7MM/year for this one customer. Granted-been a long time coming but I am surprised that hasnt created more buzz. 107MM traded is only $10K and diution has really killed this the last 2 years but - is another R/s really what is holding this back?

Does anyone have an idea/estimate what the selling price per tonne would be? While the 1400% increase looks impressive on a % side - what does that translate to actual dollars?

How are they going to force them into bankruptcy with a $64K settlement?

If they could have forced them into BK - they would have a long time ago. They tried. They failed.

Dont see a lot of chatter about the settlement on the 19th. Rather critical piece of news going forward. $64K. Loaned amount. No fees. No ridiculous penalties. No attorney fees. No court costs.
.
.
.
And no shares...

1st time I have seen VNDM on the ASK in awhile. While there has been minimal dilution relative to volume - having them back on isnt encouraging.

Simplest reasons could be core business and economies of scale. Bigger machine shops with established business avenues coule immediately use the assets to scale up quickly whereas it wasnt a core business for BTGI and they werent focused on growing customer base and instead focused resources in trucking. Even if they werent able to make it profitable doesnt mean it is failed - could be under utilized, under allocated (in terms of attention or capital), etc. The focus has clearly been on the trucking side.

Personally - I would rather them keep this side of the business as it has more staying power longer term and better able to withstand margin pressure vs more competitive trucking side. However, that is without looking at #'s/cash flow everyday. Over diversification isnt good which they have continued to eliminate fringe businesses. This one could potentially have real synergies down the road (shipping parts/machines) depending on how they looked at it. Again, keybissue is short term capital allocation and it appears Gurba has decided to focus on trucking in the short and medium term.

Huh...:

" But instead, he wanted to make our battle as public as possible"

Total horseshit. YOU made it public and as public and personal as possible with the attacks on him and the character.

Still a lit of trial left.

Maybe he is meeting his fiduciary obligations to the shareholders by withholding filing and not allowing runaway dilution on convertible notes.

http://finance.yahoo.com/news/endonovo-therapeutics-awarded-preliminary-injunction-090200171.html

Seems more companies that have the financial resources to do so are fighting back against these lenders that are supposed to be "helping" these companies instead of systematically destroying them by shorting them out of existence with the death spiral financing.

Other companies seem to be having more success fighting back against the abusive practice. But, that runs contrary to the narrative so it isnt going to be considered a valid point.

No. I still have a little over 1/2 my original holdings. What I sold was a little in the 40s, 25, and mostly in the low to mid 30s.

I had buy orders in at 0.075 that never filled today. Why is BKRT on the ASK? did NUTT take on some convertible debt that wasnt reported or that I missed?

I had buy orders in at 0.075 that never filled today. Why is BKRT on the ASK? did NUTT take on some convertible debt that wasnt reported or that I missed?

"Non-Disclosure Agreement. NDA's prevent them revealing the name of the F500 company. Simple as that. "

More importantly than the NDA is the reason FOR the NDA - competitive advantage. PPG or whoever it might be is using the product for a return for THEIR shareholders - not $HCTI . if they have a proprietary product/formhlation that is first to market - they dont want to make it easier for their competitors to replicate and jump in. Pretty standard. Only "looks" fishy in OTC land because so many companies rely on phantom deals and customers to sell shares of BS companies.

The wording on last PR was not vague. Their involvement in the industry is real and verifiable. That puts them ahead of 99% of the stocks in the OTC world. Doesnt guarantee shareholder success by any stretch.

As far as R/s - they dont have to do it. It can be cancelled. They are generally only beneficial when the company is doing them from a position of strength. When done out of weakness or being forced for ljquidty - they are almost always detrimental.

Im still leery of the R/s but this for me is substantial news that gets beyond the speculation and now is in production. No "we expect to" or "we plan on" or "are prepared to", etc. They are in production.

Has anyone gotten a specific reply from IR that they absolutely are the ONLY ISO Cyanate free supplier/formulation? If so - that certainly points to PPG as being the customer based on their imaging/TDS/MSDS available.

I bought 2MM today at 10 after closing original position at 14 several weeks ago. I didnt like the break down or R/s. This could dramatically change fundamentals but company needs to follow up with #s on this announcement. If/when they do (confirm only status and #s) i will be considerably more aggressive on buying.

"hire" - brilliant autocorrect from my fatfingers and speedtyping...

i started buying under 15. will continue to do so lightly and will so more aggressively if the conversions push it back into trips. while i am not completely sold on the viability of the commercialization of the scale up - it has merit and the usually OTC BS with mgmt doesnt seem to be here. they are bleeding and cash and do need to shore that up. certainly doesnt help when they go on prolong lengths of silence. however, they have been consistent on not announcing anything unless it has merit or at least in the last 12-18 months i have followed them.

i made some quick trades prior but was waiting for some clarity in the commercialization and also financing. however, i think it is getting in a range that will be good for a sharp rebound with volume to cover capital and let remaining shares go for the distance. obviously that doesnt help long term holders.

seriously - i cant higher a decent engineer (with relative experience) for $70K. for a CEO of a publicly traded company that is foraying into a relatively new field and or providing a potentially disruptive technological leap (stacking fuel cells to make them real work capable in the commercial power segment) - that is ridiculously cheap.

"The vast majority of the world thinks that is high paying....in fact, that's higher than 70% of Americans.

But more to your point, for a key position at a successful company it is a low wage, yes. If DNRG pulls off what they are aiming for, he will be vastly underpaid. "

Not surprisingly - more semantics.

If he did ANYTHING illegal in that regard he would be in jail waiting sentencing and NOT running a public company. Period. If it is that cut and dried as many on here allude - he would have been indicted long ago and already been in front of a judge.

Did they collect payroll taxes and use them elsewhere? Or did they not collect enough due to misinterpretation of rules? BIG difference. If what they did was illegal though - he would be in jail.

no - you werent "pointing out the facts" - you were selectively manipulating language to define a narrative and then expounded upon that narrative to say/suggest that the IRS will be imminently closing down $LTNC . those are two, very different things. yes they have a lien and yes there may be a structured settlement but that does not mean they are shutting it down. actually - that would be quite the opposite. if they felt there was no chance of recovery they would have already shut it down before any money could be channeled out of the organization and disappeared. period. the fact they entered into a structure settlement and allowed the company to continue highly suggests they see that as a much higher probability of getting the backtaxes collected and current which would be a positive for the company and shareholders.

the suggestion that he used money that wasnt his is also drastically misleading. when running a business as a start up, things get missed, accountants estimate wrong (or misinterpret laws/regulations), attorneys provide strategies, etc all to keep the business going. sometimes you have to rob peter to pay paul and keep the machine moving until you can shut it down and do the proper maintenance. i dont know which, if any of the above occurred or is occurring. neither do you. however, i do not insinuate the CEO is doing something immoral, unethical, or illegal by doing what he has to do with cash flow to keep the company going AND to continue to upkeep his fiduciary responsibility to shareholders (if the lights go out - all is lost).

i fully realize most DD on these penny stocks involves looking at a couple charts, money flow, quick scan of the boards to see which ones are being touted, etc but that does not mean they are all shell games. the company did $20MM+ in revenue across a broad region and all of that is on the books. while they are paring down to restructure and stengthen - that does not mean they are going under. if they were, why in the world would he be paying off short term debt guaranteed by the corporation (and not personally) instead of just funneling it back to himself (or others) in salary and bonuses? much has been harped on the $200K bonus but once again, semantics and selective tidbits were used instead of providing the entire compensation picture over the last several years.

i consider this an extremely risky investment at best and it will remain volatile while the day traders and flippers have the price in this range and the share count remains bloated. if the company continues to eliminate the toxic debt and reduce OS, it will become increasingly more difficult to manipulate share price and will provide substantially better footing for the company going forward. obviously the IRS (who has MUCH better access to ALL NUMBERS than ANYONE on this board) thinks their likelihood of collecting is greater with the company in operation than not.

The sheer absurdity of this is astounding:

Tuesday, 04/19/16 07:39:31 AM
Re: A deleted message
Post #
58510
of 58528
LOL WHAT!!!! He did play with the IRS. He stole over a million dollars of tax money withheld from workers.Thats a fact only found when we got financials. You know the reports we haven't seen from the BOZO.

If ANYONE has ever had the unfortunate experience in dealing with the IRS on the corporate or personal side you would understand how ridiculous this is. You dont play games with them. They just shut you down. Period. They dont wait around. They dont care if they put you out of business or unemploy people - everything stops.

If the liability exists - then a structured settlement has been arranged and the liability is paid off over a set period of time and more than likely, he will be bear some personal liabilty as well as the corporation even if it is publicly held.

Same ole same ole on this board. Why bother filing 8Ks and paying off toxic debt if it is getting shut down? Instead he could just increase his salary/bonus and let the company get shut down and then settle personal liability with the IRS separately.

He gave the GM and working model of opening/ooerating branches in his last address. He said specifically the short term goal is to clean up balance sheet/share structure and then reaume growth now that the operating model has been demonstrated viable. Until the debt is paid off/c9nversions over - he has nonchance of that and will be very difficult to get traditional financing until its paid off.

Simply amazing the amount of subterfuge and misinformation being spewed about on these boards.

justice - you still buying...? you have been quiet since the earlier 8K announcing the employee issue and restating. while it did lower their previous guidance, it didnt seem to derail any of their prospects.

if it gets back down to the 10-15 range - i will consider buying.

appreciate you taking the time to respond to questions and feed back to the forum. it is what makes these even remotely useful with all the BS and manipulation.

i ended up selling at 13 yesterday. while i like the technology and think there is a future, i am not convinced they will be able to execute prior to R/s and think they will get hammered like most OTCs do when you mix the R/s with toxic financing. if i was more heavily invested, i would have done significantly more DD and talked to IR/mgmt and visited them (like you did) to get some first hand knowledge of teh product/viability. however, with very limited track record, suspect follow up, and the history of cash mgmt, i dont like the risk/reward scenario right now. i will continue to follow and may get in front of some of the key players to get a better idea but for now - i will be on the sidelines.

they have several stages but the backroom is the main stage. i can not comment on the lobster but i have generally had fantastic steaks there. service has always been stellar without the snobbery/ pretentiousness often reserved for places like that.

as far as the show - what presence does HCTI have there? are they presenting? booth? traffic around booth? is it busy or show goers meandering inand out?

i have loosely followed HCTI for awhile due to my background in chemistry and industrial coatings/solvents/paints/chemicals and hold a small position but have little confidence in mgmt to execute right now. with the history of dilution and the announced R/s - simply does not bode well for shareholders (or traders) when there isnt clear financial footing ahead of R/s. with toxic debt remaining and no cash flow - prudence has to be followed with respect to the likelihood of history repeating itself.

Need to do the shrimp cocktail at St. Elmos in Indy.

If you like blues / blues rock - go to The Slippery Noodle. short walk from St. Elmos. fantastic place for live music. seen several acts there that frequent some of the best blues bars in Chicago and Memphis

Pithicus - lot of backstory to VASO that one needs to understand with respect to the price action.

there were a lot (and I am one of them) long term, steadfast shareholders that were deeply vested in the impact and potential of the EECP therapy that the company was solely working on (prior to Ma and the GEHC deal). the two largest shareholders (Syrbnik brothers) basically bought the company and put Ma in as CEO who was a high level manager at another one of their companies. they purchased the company based on their belief in the EECP therapy (one was a regular patient and i think still is).

EECP has been a long and winding road and has never caught on in the US for a variety of reasons - mostly it is going up against a very strong headwind of resistance coming out of the ACC who refuse to consider it as anything more than junk science after the PEECH results failed to definitively show mechanism and lacked peer review. since then - the mechanism has been determined (endothelial function) and there has been significant peer review (published) and numerous 3rd party trials/results published. they have failed to get any traction with CMS in getting this moved beyond a means of last resort for Angina and CHF. if they got this to the forefront -things change instantly.

the company did a solid deal with GEHC that provided much needed cash to the company and returned them to profitability in 2011 where they did $3.9MM in net income. since then, they have had several failed (or definitely suspect) acquisitions that have NOT produced results on the top or bottom line (BIOX, MobiCare, JV with ECP/EECP) and there have been suspect relationships in these acquisitions. their SG&A has become bloated, share structure has increased nearly 50%, and the compensation has grown enormously not only in the number of high level personnel receiving $500K plus but their year to year increases (not to mention bonuses). all the while, the stock has decreased in price steadily since the highs coming off the 2011 results.

mgmt has been unable to clearly articulate their "vision" or strategy and have alienated long term shareholders with their major pivot away from EECP and into medical device/wireless IT where few really understand how this becomes viable. an analyst asked specifically who their peers were on prior conference call and after Ma (CEO) gave a bumbling response - Beecher finally came in and addressed the questions specifically (they really have no peers - what they are doing is basically unique so they can not hold anyone else up next to them to compare and contrast).

the Netwolves acquisition is shrouded in bias. the two primary shareholders are on the BOD of VASO and Castle is on the compensation committee. NEITHER have purchased ANY shares of VASO at any time on the open market but got a large sum for Netwolves plus attractive interest bearing notes backed by VASO assets. when the company finally had a definitive open window for insiders to purchase late last year - there was almost no purchases except from Ma and while they were not token - they werent exactly significant with respect to instilling confidence. meanwhile - the company has not provided net income #s for Netwolves so that shareholders really know what they are buying (nor or and/or have they provided detailed accounting of the books so that shareholders can see where the money was going - such as in Castle and Lieberman's pockets).

this has led to a very disenfranchised and frustrated shareholder base that is finally selling and moving on. while i have not sold, i would dramatically lighten my share count on any significant run. i dont like the lack of transparency, i dont like castle or lieberman (they are smug and snotty to shareholders in person when the company held shareholder meetings) and they dont bother returning calls or emails. i have not had that issue with Ma or Beecher.

the Netwolves acquisition will really take another 2-4 quarters to really determine the value it brings to shareholders (I forgot to mention that VASO has $12-14MM in CASH and NO DEBT prior to that acquisition). 4Q15 they added $9MM in revenues attributed to the Netwolves acquisition but only increased net income $200K in the quarter. this could have been due to cost reductions in other areas of their business that they had been focused on in 2015. so - did Netwolves actually add anything profitable to VASO or did the company buy hollow revenues with inflated books? again - it will probably take 2-4 quarters for Wall Street to really buy into that acquisition especially with the history of failed acquisitions.

finally - the GEHC deal is perishable. though the company has renewed the agreement twice and has done a VERY stellar job growing that segment - it is perishable and just a distribution agreement. VASO has no control over it. VASO has worked diligently in redefining the business and getting away from being a one product company (EECP) but they have not proved they can make money doing so WITHOUT the GEHC lifeline. IF they definitely prove that to the market - the company share price will move quickly. it is trading at 3-5X discount to peers in the med device industry on a PE basis and on a 12 month forward looking basis (including Netwolves revenues) - it would be 5-10X behind on a P/s basis. however, they are not getting that premium (i believe) based on all the above).

they are mired in a 3-4 year low trading channel when they should be moving up with instilled confidence (especially after two years of positive net income and affirmation of being positive in 2016 from Ma in CC). however, until the dedicated sellers are exhausted and/or start believing in the new strategy/model that is ridiculously in-articulated at every turn - the price will probably stay in the 16-20 channel.

prior to the massive share giveaway starting in 2012 to the new insiders - Ma and the Syrbniks were the only insiders that had more shares than I. i also know several shareholders that have larger holdings than i do. we have been particularly incensed at teh increase in OS and the give aways to lieberman (he charged the company over $300K in legal fees in 2015 in addition to his buyout of Netwolves and compensation as a BOD member), castle, hill, and others (Dempsey issue should be researched as well since the prior 6MM share buyback the company did looked like a veiled payoff to him for his silence on the failed GEHC takeover debacle. none of these guyshave provided ANY tangible results since their inclusion, the stock price is at multi year lows, and yet the company still keeps giving away shares.

i have followed this company since before the PEECH trials and have been invested shortly after the price decline following the PEECH trials. i have between 1-2MM shares and will not disclose further due to confidentiality issues. i did some selling at the 30 and 25 level on the way down and then some at the 18 and 20 levels while it was in the channel. i have picked up some in the 16-17 range prior to 4Q15 results being disclosed but it was in a separate account that i bought for short term trading purposes.

hope this helps give you a foundation for your own DD. being a large shareholder i would absolutely love to see the price finally and definitively bottom and see if those buying up the never ending shares being offered in the 16-18 range are real long term holders or just speculative buyers playing that channel (which it appears based on last 6-9 months of trading).

i have the luxury of time based on my age and financial position and am not an active trader. however, the opportunity cost of holding has been staggering in light of returns elsewhere the last 3-4 years. that is something that i and several others have expressed to mgmt that either dont get the concept or completely blow off. some of them just do not get that they are "competing" for investment capital and the kevin costner approach does NOT work for investors when they are not the ones building the field or seeing ANY tangible results.

I have not seen papers. Did speak with company attorney awhile back and was supposed to get paperwork.

I am through posting on iHub due to the incessant fraud, having messages deleted with no explanation, and geberal BS on other boards and have requested my account be deleted. I will be posting on iHangout from here on out.

I was in my local store this evening (SE Michigan ) where I first found Wodka and they had half a dozen bottles on the shelf. I asked the owner when they started getting it again and he said the distributor started carrying again. Couldnt get anything from the zip codes on the bottles and this could be old stock from somewhere else but I would be interested to know if they are back in production. Anyone else seeing product re-emerge?

Despite all the negative rhetoric and misdirection -TPAC remains one of 7 NAVAIR suppliers and the ONLY one based in China were a disproportionate amount of growth is expected not to mention the offset advantage.

Real value will be in acquisition which provides immediate revenuez and opens doors faster to more substantial agreements.

looks like the establishment is coming back around for a new cycle on this one. moved it back to just under $0.02 yesterday and ripped the rug out from under the believers again.

i rarely "trade stocks" and generally am a longer term investors (12 months +). occasionally i get into one where i see a short term, low risk opp and TBEV was one. i tried the product and though i wasnt a fan of the taste (too sweet for me), it did seem to improve my recovery time (over water/traditional vitamin water zero type products) and give me a little energy boost. despite the Dethrone errors and the disproportionate compensation, i was willing to give mgmt the benefit of teh doubt.

that being said - i wasnt going long blindly. i took a position in trips (7-9 first time) and got out in low 20s after the first run and then made a couple of trades between 1 and 20 after that. i was pretty transparent about it as well. i covered my capital with some profit and let the rest of teh shares ride on the chance they were able to secure national distribution based on Amazon results/athlete endorsements.

i was away from the market for a couple of weeks (which is why i am not a trader) when it tanked down to the 3-5 range. if i was following closely - i would have bailed around 7-9. i didnt. i still have those shares and expect a big push into that $0.04-0.08 range (post split) at which time i will sell unless there is something concrete announced.

what i dont understand are those still "believing" or averaging down based on mgmt execution. besides getting the product to market - they have really not executed on any of the key metrics that drive shareholder value. they are still ridiculously leveraged with CD (which looks like it was dumping today), and they ignored shareholders as the sky was falling (like last time). at this juncture - why would anyone give them further benefit of the doubt...? i only got in because the crowd was going to move it up (i have seen that movie before) and felt i could get in and get out with very little risk. i only am holding now because they are essentially free shares and i have the luxury to wait for a run.

i would consider buying more if they drive it back down to low trips and eliminate most of the CD based on the games the crowd plays with the trip story stocks. but what i wont do is believe the company is aligned with shareholders and be willing to "go long" based on fundamentals or real potential.

when did Bill ever tweet this? please copy and paste the tweet:

"spudsuds Member Level Tuesday, 02/02/16 08:32:46 AM
Re: trading.jeff post# 66170
Post # of 66184

It was claimed that Bill's 2 doctor friends loaned TPAC 2 million dollars per tweet from Bill. But no filing was ever done showing that transaction took place."

the private/initial investment in the initial company when the current mgmt team took over the shell and formed the new company is documented in the early SEC filings. subsequent insider loans and details are also detailed along with salary reductions and deferrals.

bill has mentioned in several tweets and it is further documented in the SEC filings that existing insider loans/debt will be repaid at $0.25/share.

i have never seen him tweet the $2MM figure. however, the company did rely heavily on private investment from those around him to get started when they took over.