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I couldn't help myself. I was all happy to see news and then I read the article and it made me sad again. Oh well, I guess people want to know the names of the webisodes!
I love when they put out useless PR's like this! lol
LOL good point.
I think the main problem with the growing impatience is that there haven't been any tangible results or news within the past few months. Once they get rolling with the webisodes, the website, and the uplisting everyone will be happy again.
It was VERY nice to hear they don't have all their money in the magazine and that they realize social networking and products are a great way to diversify and add revenues.
He didn't dance around the financials. Granted he didn't give any figures, but he said they are and always have been a fully reporting company. So when their quarter is up they'll release numbers. It would be murder to this stock and uplisting if they didn't. Plus, the CEO will NOT comment on financials (anything in specific) that haven't been released to the public. I think it's illegal, but I'm not 100% on that
Interview Notes:
-Salon City is an international focused magazine
-They are in the 2nd round of answering questions to the SEC
There are 3 phases to the company:
1. media
2. distribution network
3. products and services
Competitive Advantages:
-not just a magazine
-they are a social networking company too
-building a lifestyle and a brand in Salon City
-use of LOW overhead
-experienced leadership
Board and Management:
40 members/employees
6 outsourced employees
New Products being launched:
1. SalonCity.com website will be debuting at the end of November (it will be revenue generating)...(in time for Christmas)
2. Webisodes shows- 2-3 minute scripted episodes
3. Beauty Maker publication, which will launch the 1st of January.
Strategic Partnerships:
1. Time Warner Retail (multi-year contractual agreement)
2. Cable Distrbution Services (handles distribution internationsally in 40 countries)
3. Jason Morrison and Creative Advertising-will help get the name out and utilize use of advertising space as well as manage advertising relationships
4. Strong connections with Hollywood and beauty industry (Hollywood isn't going anywhere, even if the economy tanks)
Financial Outlook
1. wants a strong partnership with the investor community
2. emphasized they are a fully audited and reporting company and have been since they went public in June 2006.
3. They are days or weeks away from uplisting
4. Investor awareness and trust with transparency
Goals and Strategies
1. Responsible actions
2. close to 1 billion shares outstanding
3. 60-70 million share in the float
4. want to uplist to NASDAQ in the future (possibly one year away)
5. Obtain more funding
6. Proper capitalization
7. grow organically
Best Reason for a long-term investment
1. RETURN ON INVESTMENT!
Forecast
These next two years are seen to be as very exciting by the CEO. He described it as SC's coming of age and getting established. He also hopes to have gathered a very large market capitalization.
Since we're all thinking it....I'll be the news-whore...
Maybe they'll some kind of news tomorrow. Maybe the news you guys have been talking about since the last PR. But then again, I don't expect anything. Just another Tuesday :)
Boone Pickens expects oil to hit $100 before the end of the year. Not surprising considering everything you said. It'll be interesting to see what happens at the next fed meeting.
I also wanted to mention something I heard from CNBC. They were saying get ready for gas prices to start going up. Look for a 20 cent jump in the next week and then, depending on what happens with the price of oil and the dollar, look for the price of gas to go up another $1 over the next month. I would hate to see this, but it appears thats the way it's going to go.
I talked to my dad who works in a refinery and he said he's never seen production ramp up so much. These guys are getting ready to sell all the gas they can get their hands on. Hand over fist.
I don't know. Everything pulled back today...big, small, medium...foreign, domestic...it was just a down day. Sometimes its good to have a pull back and then make another run. Afterall, nothing ever goes up in a straight line...although if there is a stock that does please let me know!
It was just a bad day overall for the market. Throw in the anniversary of black monday and there you have the makings of a really bad day. If everyone remembers we dipped down to these levels last month and then ran back to .12 so I wouldn't expect it to drop too much lower before we get some news and it makes another run at 12 or 13.
Plus all the major oil companies fell today too. Everything is taking a breath before starting again.
And for whoever said it, we are undervalued...extremely undervalued...and I am with whoever said the company should pick up some cheap shares for a rainy day if they have the extra cash. If not, keep plugging along with the acquisition front.
Damn scottrade!!!!!! I guess I didn't get it in fast enough.
I hope my order goes through at the end of the day so we close at 8.5! Perfect time to buy when everyone is selling into the weekend.
Look for a rebound next week. Although it is nice to see some volume. It looks thin back up into the 10's
It's our fearless body who was getting all his friends and family in. I knew it was coming. But good for them. You do what you gotta do to get in.
as long as they aren't crazy bid whackers!
Bloomfield thinks that SLON under .02 will bring in a double by Thanksgiving...that's right you can have Christmas in November.
Look at the facts and then decide for yourself...
SLON is about to uplist to the OTCBB
SLON has a scheduled launch date in Mid-November for their new revenue producing website
SLON is distributed by TIME/WARNER
SLON has expectations to nearly double their revenues for 2007
SLON IS A BUY AT .02 or UNDER!!!!!!
Not too shabby when oil is double that price. Maybe we'll see them break the 2,000 barrier this month. I'll get my pom poms ready.
Thanks for your post and insight.
hahahaha! Nice!
It's still a pink though. I'm just throwing this out there as a word of caution. People don't typically leave money in a pink for very long. I'm not directing this at you or anyone on this board, but some have said they are holding for 2+ years. Please do what you want, but 99.9% of investors and traders would never do that. If it gets uplisted in that time frame, then good move. But watch what you do. I hate to see people lose everything in a penny stock no matter how good or how much oil is.
ALRY is VERY promising.
Don't bet anything in a penny stock you can't afford to lose.
Where do you find the price at?
If you have a problem with me, then PM me. All I said today was that I "thought" there might be a PR today since they usually release them on Tuesday. No big deal either way. There was NO whining today.
What's your problem today? Did I offend you or am I the victim of your displaced aggression? I'm sorry if you had a bad day...I can give you a hug if you want one.
Either/or.
They have a lot going on and since they usually PR on Tuesday's, I thought this week might be a double whammy.
Nobody wants to sell below 10 and no one wants to buy.
I thought there might be news today, but apparently not.
Looks like the gap is narrowing.
All you need to do is look back at the run from 6 back to current levels. That's what happens when everyone sells.
Yes, I run a multi-million dollar consulting firm. It pays the bills among other things. It's Larrys JOB to update the shareholders. I could give a crap about him being in the field getting wells up and running. Good business people pay other people to get their hands dirty. Besides his talents are better utilized in the office and telling people what to do. The last thing we need is for him to be in the field and break a hip or a leg or whatever. If he goes, then so does the company. So, in my opinion it's better to keep him away from the crazy oil fields.
I play ALRY for fun. So when I get passionate and crazy with my posts and bitch about Larry and JC, it's because I enjoy doing it. It's an outlet for me.
I'm working with someone to get a proposal together. I've been swamped lately. Like I said before, if they don't think they need help, then you have to be careful in offering it. They might take it the wrong way and I dont want that. I want to help, not hinder.
There is nothing going on. You can only talk about the pending uplisting for so long. SLON has done nothing over the past month but sink further down into the ground. People should know that and take it as an opportunity to add now. It's not going any lower...maybe .001 or .002 lower, but at those levels it's not that much of a difference.
Please go relax at the pool. Nothing is going to happen today. If not, I'll spend my day talking to you. I need to re-work my resume and I'd be happy to have someone to bounce some ideas off of! lol
what's the L2's look like?
2 major points I saw in the PR that I was looking for.
They almost doubled natural gas production!!!! Just in time for the heating season to begin!!! This is awesome!!
They are hiring more people! GROWTH!! Internal growth=external growth for small companies!
That's what I'm talking about guys! Way to follow through!!
GO ALRY!
No disrespect, but if people listen to other frustrated people and use it as their determining factor in investing, then they're idiots and they deserve to lose every penny they have.
Do the DD, then make the investment.
Frustrated investors...1 or 2 or 7 do little to nothing to effect the PPS.
Again, I agree with you. I think Larry could keep his CEO position but relinquish his place as chairman of the board and get someone else to fill it. Or do the opposite and move Larry to chairman and hire a new CEO. Either way Larry still has control of the company.
Larry interview me!!!!! I'll be your patsy and make you a lot of money!!!! Pick me!
I agree with what you say. However, there's no way they would tell us they're hiring someone else...or even who it would be. I hope they have some good accountants and collectors. And I hope they're in the process of auditing their financials.
If Larry wants ALRY to be good he can stay on the pinksheets, but if he wants it to be GREAT that's going to have to start soon. I'm not saying today, but soon.
Now that they have revenues (atleast what we think are revenues) they have the funds to bring in some additional people and resources. I think we'll see an increase in staff before Christmas. And if they're worried about keeping them busy through the holiday and slow season, then hire temps...or contract workers and pay them to work for a few months and thats it. Hell I'll fly there myself and give them a hand, that's how much I believe in this company.
lol ok ok...but it's new, right?
I agree. It doesn't take much to hire a temp worker to do data entry. It's done all over the place. Plus it's soooooooooo cheap.
You got me there...but then again I will say, why start with monthly production numbers and then stop? It doesn't make any sense. And yes, you're right. I spoke with JC a while back and he's the one that told me they would have monthly production reports. It was not in a PR.
I was making a point. Some people like all the technical jargon, but the vast majority of people don't understand it. Basically I think they need to put more of a marketing spin on their PR's. I'm not saying be dishonest, but it would help to be a little less technical and a little more financial.
I also understand management has to perform multiple duties. I appreciate that...but with their predicted growth I hope they have a plan to hire more staff. They're making the money now and can afford it. I mean they got a shiny new office!
The really small ones do. Like the mom and pop places that have a couple wells on their land. There's a bunch around where I live and when oil dips down they stop selling. When it goes up to these levels they pump every little ounce they can get and ship it out.
I will. I'm working with my boss on the presentation part. It's important not to offend management, because they are capable of doing a great job sometimes they just get too "in the box."
I'll let the board know how it goes.
The reason the PPS goes down when they announce a new field is because nobody knows how much it's going to produce...and since we can't trust them to deliver production numbers from 2 months ago how can we honestly even begin to speculate that this new field has more than 10 barrels on it? We can't, hence the reason why nobody cares.
In addition, when JC stops writing PR's like an roughnecker, the PR's might mean some more. I'd be happy to refer him to a marketing specialist because the PR's need more a marketing spin to get maximum potential. The PR's seem to be very technical...shareholders don't want that. All we want to know is how much money it's going to make us. We don't give a crap how much water was in there intially or how much water you're pumping out now. It's irrelevant and we don't care!
Maybe he's not writing the PR's and some college intern is. I don't know, but whoever is writing them is NOT doing a good job. I'd be happy to do some pro-bono work for them and put together a proposal if they're interested (since that's what I do for a living).
Management just doesn't seem to grasp the concept that trust is everything when it comes to an increase in PPS. It doesn't matter how much oil and nat gas they find and sell. They can say they're busy in the fields...or as everyone says here "I'd rather them be working than dealing with us." It's all crap, managements job...CEO is to be the stocks cheerleader. That's his first and foremost important responsibility. Let his operations people run the show.
ALRY has great potential to make everyone a lot of money. I hope they realize what they need to do because the status quo and current operations isn't doing anything for anyone except blowing opportunities. I hope they see the opportunity starring them right in the eye...RIGHT NOW! They have 2 months of production numbers sitting on someone's desk...they have 2 new fields that could be filled with all oil in the world...let's goooooooooooooooo ALRY!