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Man that sljb is very bad news..I'm not sure if they could ever recover.
Although,I'm watching LII and there are buyers..Now that one is risky indeed.
Good morning,
On averaging down.
Now I'm like most here that hate a falling stock,but with this issue,I've been buying on all downtrends.My first average was .005
I'm even buying today and as we speak..My average now is .003,so you see that averaging down on issues like ETIM that have huge potential and has a business model that folks seem to kindle up to makes sense.
Nothing goes straight up and you don't want that here,but it happened with the national exposure that caught many by surprise..I held off until the settlement period when I bought in..
I believe in what this company has and frankly the licensees and endorsements is what brought me to ETIM...
These licensees are not handed out to just anyone..The companies that get these endorsements have to provide their DD to ensure that the namesake doesn't go down in flames..That would be one helva brand killer.
Ok get me filled.
Have a good day
varok
Good Evening,
Today's action presents quite a few problems and not just the losses by many.
You can be assured that the SEC is looking into this as we read these boards and listen to all negative and hope.
The company needs to releases the AF as soon as possible and that means tomorrow or Monday.
The article is an absolute death sentence that may not be be reversed and many shareholders will become even bitter.
If any stock needs to be halted to prevent further downward pressure because of fear,this one is it.It took a major hit today and tonight's talk isn't going to help at the opening bell..
It wouldn't surprise me if the SEC halted this before the open and I would expect in my opinion it will happen,or soon after..
This article whether right or wrongly stated makes for the SEC to intervent and stop further erosion and sort this out.
This is what the SEC's obligation and they should act.
Have a good day
Varok
Good Evening,
Today's pr on ETIM and their initial order of 2500 license URNs is only the beginning.
Consider this.
The company doesn't outright buy and take inventory if they didn't have an outlet to immediately take possession of this order..Yes the distributors,but just think how many funeral homes took on samples..The distributors probably already have an idea and numbers of this first order being sent and once they have delivered out these quantities the pipeline just on time restraints would have to be fulfilled almost immediately..
The underlining meaning of this is huge.
Just the time-line and the quantity of this order makes me believe we could very well see another order come before the end of the year..This first order is in my opinion an introduction order and the real actually URN for love ones is probably as we speak being considered or replenished to fill the initial order.This is revolving and now the company is looking for additional manufacturing facilities here in the US and Mexico.Expect major announcements in the coming weeks..All in my opinion.
I also believe that future endorsements are certainly in the making..A company doesn't take on a major endorsement like the MLB and the Vatican not to mention the others and assume that business is now complete..All business require growth and growth in this business is going after every club,organization and any venue that can settle a love one's eternal place in a matter that captures or depicts the recipients living lifestyle or hobbies.
On with the filings..
The company mentioned the upcoming AF. I think with these pending news articles on orders and what may be coming,I can almost bet you that Mr. Parliament is making sure that the books are in order and facilitating the proper paperwork for SEC compliance.
I also believe that Mr. Parliament will have the AF finished by years end for the 2007 calendar business cycle.
Reason why the higher exchange:
In my opinion the acceptance to OTCBB or Nas. will come near or around the end of 1st quarter 2007
Most endorsements or licensees require companies to be legitimate with proper compliance to corporate governance.
The company is going to need heavy financing and institutional backing thus the move to a higher exchange.Of course the share price will need to be higher for institutions,but that almost happens with demand.
The share structure in my opinion will not be raised or a R/S..
The current structure is well inline with acceptance to meet higher exchange requirements..
The OCTBB doesn't require any requirement other than the filing compliance which can become a start to higher exchange venues,but the NASQ has requirements.I believe the first start will be the OCTBB exchange.This I believe can be achieved through just the potential sales and revenue that has been Pr today and near-term orders will eventually become a process for further reviews.
If they can establish this structure under the current conditions we will become one of the very few pennystock issues that can actually become a viable and ROI for shareholders as a true investment.
The company's A/S count is 1,750,000,000 with 1,286,316,280 O/S currently commands a price of .0025..This is a market Cap of $3,215,790..This current MC is relevant and just, since PEs do not exist down here in pinkyland..Today's PR puts us just about where we are trading..Folks,straightup the company is worth .0025, MM BS and manipulation they throw at us and without the hype and bloviating from message boards we are where we should be.
Our investment potential requires the company to do their DD on filings..I don't care at this point about the TA gag..The company needs to file which they indicated and revenue and from today's pr seems to be on track to give us a higher share price by years-end and at this point all facts like $ numbers and share structure will be released.
If we continue to receive updates on orders and new endorsements, I think that we will prevail and should gain a share price of .01 or higher which can be achieved by years end.
Of course all just my opinion.
Have a good day
varok
Good Afternoon,
Ok,lets do some math on sales of these urns to just the USA market.
With approximately 18k funeral homes in the US and say we only close 30% of these = 5400 potential clients..
Now I don't think they would all order a sample since cataloging the URNS would in most cases be the sales pitch.
However,aside of the sample lets go with straight-out orders as they become the need.
Of the 5400 potential clients and we close on a monthly rate .06%..This amounts to 324 urns per month x $500 per urn =162K per month in sales.
So on a modest conservative projection with just the above numbers, we have a 2 million dollar company..
Keep in mind I didn't calculate the inventory for the distributors and the sample if they so ordered.
Realize this is probably the lowest common denominator with respect to sales.But in my opinion a good next 12 month projection which I can see in reality could be much higher,but you get the idea.
Have a good day
Varok
Hi Cargo,
Remember you from the CRGO days.
I'm not so sure..It will shake,but may be short lived..
The individual trades are very small on the buys..Meaning they are in short supply..They would need to raise the bid up to release shares,but from the last couple of sessions beinging a bloodbath, many would not let go and the ones that did are gone...Now a whole new breed are getting back in as well.
We are looking into a strong day.
Pr could not have come at a better time.
I agree.
You bet it is only going to get better.
Yes NFL would be the catalyst,but a tough one to get.
Nascar would be a big get.
Heck all are nice and it is endless
This is huge news and shows that revenue at such an early stage is giving us an indication that this issue is for real.
As we move further along it can get only better.
Mr Parlament's job discription is going to get tested as more sales eventually work it's way in and he works his books.
Not to make light of a passing of love ones,but a 2500 order and the distributors lined up is a months sales order out of funeral homes.
I would like to see now another Licensee.
We are moving ahead.
Have a good day
Varok
Good Morning,
That happens on many issue.Folks get bored or impatience sets in..
Just recently IMJX with 1 billion A/S was trading in the range of .0005 in middle of October and diluting well into and closing on the A/S and just when you would think all is lost the price spiked to .0015..This spike occured due to the A/S and O/S were maxed out..Then, at that very moment the company announced an increase of A/S to 2.5 billion and dilution started up again and of course you know the rest of the story..
The point here is that anything goes and when you think all is lost and the last couple of trading sessions sellers were in control, a sign of capitulation..
When will the uptrend start?
Usually this trading pattern with respect to capitulation gets bottomed out and a new breed of traders and many holders that have bailed will present itself as a buy..
We may have bottomed here since the pivotel point is .0022 and support has been reestablished to .0014..
Well we have our pr.Great News!!
Lets build this area and uptick.
Have a good day
Varok
Now that is some good chit.lol
Also.
We know the company has the licensee of MLB and that can give the company a huge edge or bragging rights..
When they go out and shop for other clients you can bet that they are carrying these endorsements with a great deal of pride..It opens up doors within other sports venues.
The possibilities for this creative product is endless.
Some have suggested when the company runs out or maxes out the A/S, what is in the works?
Lets review what has been mentioned by the company.
They are already bringing in revenue from just the articles and their participation from the tradeshow.
How much? Well that still remains to be shown,but if any indication of exuberance by the phones ringing of the hook, I don't see the need to raise the A/S or do the other..
I don't think the company will sit still on just these 4 endorsements since the potential of so many clubs, organizations and other hallmark entities to go after can't even be imagined.
The share structure is still well within the confines of requirements to a higher exchange.
All it takes is one pr with another endorsement and we are back on top..Consider the current climate nothing more than impatience and anxiety from nervous investors and MMs treating them has chum bait feeding the sharks...
Have a good day
Varok
Good Afternoon,
I thought I would make a view comments even though I stated I would not post.
Yes it certainly has been painful watch to say the least.
In my opinion this isn't dilution as the volume indicates and incidentally they would have tanked this faster if this were the case..There is a number of factors going on here and probably many nervous holders are selling against the backdrop of MM manipulation.I believe that 504s are still in play,but I feel the real cause of this is the phantom shares being reeled in by the market makers and is enticing nervous sellers to quickly move out as they see their investment getting hit..
Remember back in October when the company stated they were getting the NOBO list..Well I believe the list wasn't so much as to the motivation of finding to identify a short position in the company's shares, but rather just a step in the process to move to the higher exchange.
In my opinion what we are witnessing here is an attempt for the MMs to make a last ditch effort on covering on the phantom shares rather than get squeezed on real news..
Clint and Nick are out of town until Friday.
I still believe that ETIM is very much in play and as well, I took advantage in acquiring more shares at these unbelievable levels..
It is a painfull watch,but my guess we will see more lincensees and that just doesn't get awarded to a pinksheet company without some real substance and inside info that we out here are not privy to.
Have a good day
Varok
geo39
The company is listed as a pinksheet (pk) stock..Note that not all pinksheet issues are junk,but elect to trade in this venue because of the relax rules..
Many banks trade in this venue and file proper filings,but lets not confuse the issue.
For this company to move upstairs (higher exchange) is a requirement set by the various exchanges (AMX,NYS,OTCB and Nas)..They all have requirements;i.e. share holder requirements,dollar amount and shares outstanding.
In my opinion,this issue (CKYS) meets every requirement I'm sure,but share price and this must be met for the OTC or even Nas.The company obviously needs to current their filings before any movement can be made..
It's simply given the fundamentals for this issue and I'm almost certain that the company is going through this because Cyberkey is after government contracts and very high security endorsements that require legitimate and corporate governance.
I see in the very near future a more broader picture will end up.
Right now this is a very exciting issue and the products appear on the front of identity security and this is the current environment..
Have a good day
varok
geo39
Here is a learning lesson.
When you deal in the pinks this far down just do your math on the Market Cap.
To give you a quick lesson.
The company has 500 million shares outstanding X $1.00= $500 million Market Cap..Most here will probably agree that is really stretching it..
Also,this far down, PE ratios do not exist or is irrelevant and this is contrary to what some may think..So you must math it out straightforward in real numbers.
So with that said.
Lets keep it down to real numbers and give a projection of .10 to .30 on today's O/S.
With 500 million O/S X .10 = 50 million dollars in Market Cap is very plausible.
I'm not talking about spikes on terrific prs,but sustainable relevance to existing company foundamentals.
As you saw today, it settled back..Again based on the real worth given by the street.We are worth today between .036 to .04 approximately 20 million $ Market Cap..
Now, when the company files and moves upstairs,it becomes a whole new ballgame.
Take it from there.
Have a good day
varok
Hostile takeover would not happen.
The company has too much leverage..With 180 trading float on 500 million O/S pretty much voids that out since most shares are restricted..Company has still 500 million in the vault and can present a poison pill to negate such action.
What really would be nice is dividend issue and really cut shorty at the knees almost to his gonads.Now that would give us momentum.
Any close higher than yesterday is fine by me.
Have a good day
Varok
Good Morning,
I posted this today on my forum..FYI
I'm going to introduce you to an issue that I think and this is only my opinion,but the timelines appear positive that something is about to change into a going concern.
This issue "OPLM" is a shell..
This is a Swiss concern.. Address of principal executive offices Zugerstrasse 76B, Baar, Switzerland CH 6341 They are incorporated in the state of Florida
The A/S is 200 million with O/S at 70 million with a tradable float of approximately 60 million shares.
The last quarterly filings and denotes all pertinent info was on 06/30/2006
Here is where the timelines of change and the new head of this company.
On 10/06/2006 a 8-K was filed.
This 8-K denotes info on independent registered public accounting firm..The old firm leaving with a new firm coming on board.
On 10/13/2006 a 8-K was filed.
This 8-K denotes info Effective October 13, 2006, the board of directors of OpenLimit, Inc. (the “Company”) accepted the resignation of Marc Gurov as a Company director, chief financial officer and principal accounting officer.
Effective October 13, 2006, the board of directors of the Company accepted the resignation of Reinhard Stueber as a Company director.
Then the company.
Effective October 13, 2006, the board of directors of the Company appointed Henry Dattler as chief financial officer and principal accounting officer in addition to his duties as chief executive officer. Mr. Dattler also serves as the Company’s sole director.
Mr. Dattler graduated from high school in Munich, Germany with a university entrance diploma and enrolled in the Politechnikum. Mr. Dattler worked for over 30 years as an entrepreneur in various international business ventures. Over the last four years, Mr. Dattler has served as the chairman and chief executive officer of OPENLiMiT Holding AG and its subsidiaries.
My Comments:
Remember this is a shell.We all know that shells can sit idle forever,but it appears and I'm only going on a hunch and because of this activity that there may be something to these changes of events towards acquisition or reverse merger into a going concern.
The trading range has been between .01 and .04 since 09/2005,but recently since 10/2006 there has been some interest and increase in share price to the present range..However, this increase could come on the timelines that I mentioned above.
I have taken a position,but this issue is risky to say the least and under no illusions do I have any certainty that it will prevail into a positive investment..However the company has all filings in place for your DD.
You must do your DD and invest only funds that you do not have on time restraints..
Have a good day
Varok
Good Morning,
This post I put on my forum today..FYI
I'm going to introduce you to an issue that I think and this is only my opinion,but the timelines appear positive that something is about to change into a going concern.
This issue "OPLM" is a shell..
This is a Swiss concern.. Address of principal executive offices Zugerstrasse 76B, Baar, Switzerland CH 6341 They are incorporated in the state of Florida
The A/S is 200 million with O/S at 70 million with a tradable float of approximately 60 million shares.
The last quarterly filings and denotes all pertinent info was on 06/30/2006
Here is where the timelines of change and the new head of this company.
On 10/06/2006 a 8-K was filed.
This 8-K denotes info on independent registered public accounting firm..The old firm leaving with a new firm coming on board.
On 10/13/2006 a 8-K was filed.
This 8-K denotes info Effective October 13, 2006, the board of directors of OpenLimit, Inc. (the “Company”) accepted the resignation of Marc Gurov as a Company director, chief financial officer and principal accounting officer.
Effective October 13, 2006, the board of directors of the Company accepted the resignation of Reinhard Stueber as a Company director.
Then the company.
Effective October 13, 2006, the board of directors of the Company appointed Henry Dattler as chief financial officer and principal accounting officer in addition to his duties as chief executive officer. Mr. Dattler also serves as the Company’s sole director.
Mr. Dattler graduated from high school in Munich, Germany with a university entrance diploma and enrolled in the Politechnikum. Mr. Dattler worked for over 30 years as an entrepreneur in various international business ventures. Over the last four years, Mr. Dattler has served as the chairman and chief executive officer of OPENLiMiT Holding AG and its subsidiaries.
My Comments:
Remember this is a shell.We all know that shells can sit idle forever,but it appears and I'm only going on a hunch and because of this activity that there may be something to these changes of events towards acquisition or reverse merger into a going concern.
The trading range has been between .01 and .04 since 09/2005,but recently since 10/2006 there has been some interest and increase in share price to the present range..However, this increase could come on the timelines that I mentioned above.
I have taken a position,but this issue is risky to say the least and under no illusions do I have any certainty that it will prevail into a positive investment..However the company has all filings in place for your DD.
You must do your DD and invest only funds that you do not have on time restraints..
Have a good day
Varok
Yes 2000 was a roaring time for pinks..Throwing darts at the symbols almost the DD dejur at it's finest..Not anymore.
Have a good day
Varok
Hi RedCloud,
Caught your Smoke signal and had to check it out.
Been awhile,but never lost my direction.
Have a good day
Varok
Hi pfrenz,
You know how it is..never want to miss an opportunity.lol
Thank you
Have a good day
Varok
Good Morning,
I don't know if any of you remember the old days when we had a small tech company called "EDIG".Went from pennies to dollars and I mean dollars..That was a run!!
Not many pinks have the potential and actually very few ever make it.Most flounder at the bottom for the consumption of daytraders and flippers.
This(CKYS)is the 2006 version of "EDIG" going into 2007..
Have a good day
Varok
Good Afternoon,
After reviewing this company for the last few days and starting yesterday,I have taken a position and finally concluded my buys this morning.
I have as well read many posts on this thread and find very many here have extended my DD with great enthusiasim.
Have a good day
Varok
Good evening,
This will be my last post on this thread..Oh! I'm still an investor.
Ok,I hear much how the CEO and the company really isn't transparent..In most cases I agree.This isn't nothing new on the pinks..
Lets take this scenario..There has been much talk about the gag order on the T/A..Now on the surface this may sound or mean that this is not up-n-up..However,it could mean that the company wishes not to openly on a daily bases expose the numbers.
For example..Lets assume that the company is really making a consorted effort to go to a higher exchange and we all agree that the business model is quite impressive..The licensee which in itself commands respect..You just don't get these endorsements if you can't prove substance and quality..
Ok, on the T/A gag..It may mean that the company wishes to keep the share structure in not so public knowledge,not to keep us shareholders out of the loop,but to assure that a possible hostile takeover isn't coming through the back door..Yes, the company can raise share structure by creating a poison pill scenario,but because they have the desire and as released in a previous prs,wanting to go to a higher exchange..This in itself would make the current share structure equally attractive to institutional investors that require liquidity...In other words,the company by just the current share structure is perfectly setup for a higher exchange..The only issue now is share price that must meet requirements and number of shareholders,which the latter probably wouldn't be a problem.
We know that they have licenses from MLB and the Vatican and the Kennel Club..When a company gets the licensees and endorsements from major well known enterprises is a calling card and presents the initial marketing of the brand and in ETIM cases opens the door for other endorsements..A very powerful tool to have current endorsements in your lineup.
Now my guess and in my opinion,the door has been open and the company probably has been in contact with other major potential national brands to acquire their endorsements and guarantee the licensee for their product.
In my thinking,the MLB isn't enough,but allows the company to tout the MLB licensees and others they already have as a very powerful marketing tool..
Now I bring up Mr. Parliament..I believe this individual who came from a major fortune 500 company (FORD) to conduct an audit and get ETIM to a higher exchange all within the projected potential of getting institutions to come on board..Institutions will not touch a penny or a company generally under 3-5 dollar share price because of their charter.
I think there are reasons why things appear the way they are,but I'm guessing it is for a greater cause than what is being spewed on this forum...I'm in the camp that the company was fortunate enough to get the 3 endorsements,but needed to comply and move further up the exchange ladder to really make an impression and get the licensees and endorsement that require from a more prominent corporation for such an endorsement..
The endorsements that the company currently has only is a prerequisite to bigger and major endorsements to come..I can't believe this is it..
That's my take and wish you all a great Holiday Season.
Have a good day
Varok
Hi Wallst,
I take it you were a former Marine?
I myself was one 67-70 USMC LRRPS...Served with 2/4, The Magnificent Basturds and 1/9,The Walking Dead,..One of the most infamous battles was Hamburger Hill.
Semper Fi
varok
I like it..
Has the potential to bring in huge revenue.If they can bring Forex market trading online this is real plus on a global scale..Definitely very positive..
This part I like very much "Forex business and has very recently signed an agreement in principle with a current Forex trader to acquire their client base, staff and management."
Appears they are targeting an already extablished concern..Again very important.
Mostly handles Angel and VC also a purveyer of hedgefunds
News has been out today according to the company??
Company has received a slew of calls from investors on today's pr.
I have requested a copy..
Rare that I miss a release.
Don't know what happened here???
Have a good day
Varok
Actually,if you read the prs they all state the LOI and my guess we will start seeing them shoring up these acqusitions.IMO
Neither.
Foundation building or shoring up acquisitions.IMO
Good Morning,
CHNW is finally on the move..Bid/Ask building.
Volume is already surpassed the 10 day average.
Something appears is in the works..IMO
Definitely a good day.
Have a good day
Varok
Great!!!
Looks like we're on the move
I agree something is up.
Both bid and ask are building nicely and volume is kicking in.
Bid 2/.0022 1/.0014 1/.0013
Ask 1/.0024 1/.0025 1/.003 1/.0049
Now that is music to our ears.
Have a good day
Varok
Good morning,
I don't know what you're looking at,but I see the bid/ask building on every new day.Let's not forget the volume is also gaining.Something definitely is up..
Now you have been doom and gloom poster since you've been here.
Allow me to expound on this note.
No company builds their business on the time restriants of
investors..
Have a good day
Varok
Something sure appears based on the upticks and repositioning of the bid/ask.
Volume is higher and more consistent at higher levels.
I expected a pr last week,but may of been held back due to current events and today's action it may be near.
Finally!!
We are getting some nice movement on the bid..Appears the gap is closing with one on .0018..Could mean shares are tight and need to entice sellers.
MMs are also building on the ask.
May mean something is in the old cooker.
Have a good day
varok
Cramer is a real rush..One doesn't need coffee or a fix to stay alert..That guy has so much energy at times he's difficut to listen too.lol