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Can any explain to me how a sale of * 3 * shares, that's right 3 shares can lower the PPS 8.18% !!! What's going on? Any speculation?
I say .05 cents. Boo yah!! Hahaha
Shouldn't the next filing be out by 12/16/2015?
Somebody wants 50k more at .10
Hey GMA,
I hope but it's seems really odd to me. That's $13,000+ of sales that didn't move the needle on the PPS at all, not chump change for this stock. Could it have been some sort of 'insider' trade? I don't remember seeing 137,900 for sale showing on L2 at all last week.
I see there are 2 5000 blocks for sale at .11 and then 30,000 at .2899 curious to see if those 10,000 get eaten up and then see what shows up for sale.
I don't know, been asking myself that since the lawsuit was settled.
I mean look at this company. For Pinky it's ridiculously head and shoulders above anything else imvho. I actually bought into this 4+ years ago when they (Ann Marie) said they were going to uplist.
It sure is a strange one.
gma,
We are definitely trending upwards albeit slooowly.
Did you see this from last week?
CODA OCTOPUS GROUP (OTCMKTS:CDOC) Shorted Shares Decreased By 0%
TDA Level II showing "INSIDE 3 SHARES 13,007,200" NITE CDEL ATDF
We need $9200.00 in buys at .0007 to push this to .0009
You could potentially make 25+% real quick assume MM don't start dumping more at .0007
BUT, after the .0007's are gone, and .0009 is but a blip, .0016 are up!!
Someone want to post a link to the latest financial please?
Looks like someone or someones are quietly accumulating $CDOC in the past week or so. ;)
1Center, great post and great information!
BTW - just visited Colmek's website, when did that get updated???
Great photo's on it!
Go $CDOC
CNN 'Seeing eye dogs' help Navy divers recover Civil War vessel in murky river
CNN 'Seeing eye dogs' help Navy divers recover Civil War vessel in murky river
CNN Reports on the U.S. Navy CSS Georgia Salvage Using the Echoscope
CNN Reports on the U.S. Navy CSS Georgia Salvage Using the Echoscope
FYI - Annmarie Gayle LL.B, LLM
Ms. Annmarie Gayle, LL.B, LLM has been the Group Chief Executive Officer of Coda Octopus Group, Inc. since September 2011. Ms. Gayle served as Senior Vice President of Legal Division for Coda Octopus Group, Inc. since August 2006. She is an International Lawyer with more than 12 years' experience, with a particular focus on transactional work. She has managed large European Union projects where she implemented many law drafting, training and capacity building programs in transitional countries such as Croatia, Bosnia, Serbia and Montenegro. She served in privatization (of banking and utilities) and restructuring of state assets. Ms. Gayle has been a Director of Coda Octopus Group, Inc. since September 2011.
Education:
Master's Degree - University of Cambridge
LL.B - University Of London
It seems that Solidor is no longer but it really was just Philip van der Westhuizen anyway so not much has changed to the LTDH.
The Company has been advised that Phillip van der Westhuizen has voting and investment power over the shares held by Solidor Investments Limited.
Phillip van der Westhuizen originally qualified as a chartered accountant in South Africa. He is a practicing member of the Institute of Chartered Accountants in Luxembourg and a registered member of the Luxembourg Institute of Registered Auditors. Areas of responsibility: Audit, accounting, domiciliation and income tax compliance Phillip speaks English, French and Afrikaans.
GMA I don't think this is the same Solidor as Solidor Investments Limited - Coda Octopus?
Solidor Group - the door making company
Which begs the question for a long time now, who is Solidor Investments Limited? Latest status says: Dissolved 29/07/2014
Company SOLIDOR INVESTMENTS LIMITED was a Private Limited Company, registration number 08007202, established in United Kingdom on the 27. March 2012. The company was dissolved. The company was in business for 3 years and 6 months. The company used to be located at 145-157 ST JOHN STREET, LONDON, EC1V 4PW. Business of the company SOLIDOR INVESTMENTS LIMITED by SIC and NACE code was "82990 - Other business support service activities not elsewhere classified". There are 7 company documents available. The most recent document is "FINAL GAZETTE: DISSOLVED VIA VOLUNTARY STRIKE-OFF" from the 2014.07.29. The latest accounts are filed up to 2013.03.31. The latest annual return was filed up to 2014.03.27. The total number of directors was so far 2. Data on this page were generated on the 2015.09.30. We can inform you about other changes with the "watch this company".
The Controlling Individual of Solidor Investments Limited is Phillip van der Westhuizen of the address shown herein
On July 26, 2012, the Company issued 15,315,316 shares to Solidor Investments Limited in consideration
for the restructuring of certain debt obligations to that entity as well as the payment of interest in the amount of $1,020,000. The Company has been advised that Phillip van der Westhuizen has voting and investment power over the shares held by Solidor Investments Limited.
GMA & 1center,
You bring up a topic that warrants discussion and DD imho; here are some related points for comment.
a. As of 2012, to our knowledge the LTDH is Solidor Investments Limited. Coda Octopus Group Inc. Agreement Reached on Restructuring of Debt
b. Solidor Investments Limited known address is: 145-157 St John Street, London, EC1V 4PW United Kingdom
c. I'm not saying anything here but just point out that the above address is suspect: Beware Virtual Addresses
d. Someone else at the same address: Green Energy Advisory Service
e. We also know this just occured; Coda Octopus Group, Inc. - Restructuring of Series A Preferred Stock
f. We also know the following: Ongoing Restructuring Plans
Since February 21, 2008 our Balance Sheet includes a $12 million convertible secured debt “Debentures”). In addition to this principal amount, the Debentures provide for a redemption premium of 30% (“Redemption Premium”).
On August 18, 2014 the Company and the Debenture Holder entered into a Deed of Amendment to extend the maturity date of the Debentures (which under their original terms matured on February 21, 2015) to August 21, 2016. Extension of the maturity date is subject to the Company adhering to its loan covenants including payment of all amounts on their due dates.
On September 18, 2014, the Company redeemed Debentures with a $2,000,000 face value reducing the principal amount to $10,000,000.
As of July 31, 2015, the total indebtedness under the
Debentures was $14,932,972 (See Note 10 to Financials for full reconciliation). The Debentures ceased to attract the Redemption Premium on February 16, 2015.
On June 30, 2015, the Company entered into an Exchange Agreement with the holder of 6,087 Series A Preferred stock under which the said Preferred Shares were cancelled and retired. The consideration for the cancellation was the issuance of 1,100 new Series C Preferred Stock. The newly created Series C are non-dividend bearing and has no voting rights. The latest date for their redemption is December 2016. The redemption price for the Series C is a fixed value of $1,100,000
The fair value of the Company’s long-term debt approximates its carrying amount based on the fact that the Company believes it could obtain similar terms and conditions for similar debt.
If the Company’s financial resources from operations are insufficient, the Company will require additional financing in
order to execute its operating plan and continue as a going concern. The Company may not be able to obtain the necessary
additional capital on a timely basis or on commercially acceptable terms, or at all. In any of these events, the Company
may be unable to repay its debt obligations (including approximately $15 M under senior debentures due in August 2016),
or respond to competitive pressures, any of which circumstances would have a material adverse effect on its business,
prospects, financial condition and results of operations
Great find 1Center!
Thanks KF. Been in $JNSH since 2012/13. Mostly bought in at the .014 range. So yes I am discouraged and frustrated. I bought for the long haul but in 3 years haven't seen much happen outside of winning the lawsuit (big whoop now, thought it would propel us into the .02/.03) and the NRG deal which seems like smoke and mirrors now. Good luck to you too.
OFFICIAL NEWS! Same story I posted yesterday but with additional important information. $CDOC
Using the Echoscope 3D real-time imaging sonar and Coda Octopus' expertise, UTEC Completes Important Project in Alaska's Cook Inlet
Yup just some more incredible news for this stinky pinky company.
4 Echoscopes used in this project. Four!!!
I'm thinking they were right when the company said rentals were killing sales!
UTEC completes Cook Inlet installation
My bad, I should of said "posts".
$OCLG gets my vote. I bought on your recommendation too btw.
Boy this is sad. No interest even on a half decent Q. What's wrong with this picture? Many ihubbers playing with shit companies imo when this company is the real deal. Go figure!!
Orca you have many many followers can't you get some more interest here?
Looks more like 250k volume??
Volkswagen just helped electric cars to a breakthrough
Volkswagen just helped electric cars to a breakthrough
Your guess is as good as mine on $cdoc. Strange things in pinky land. I just hope $jnsh can make a run of it. Been holding long here for awhile. Bummer to find out about the other shell Brian has going. Gltu
Gladly... $CDOC Coda Octopus group
Sure would like my $60k+ back.
Sanswire
Hey 1center. Thanks!
Please excuse my posting enthusiasm if it seems as a "pump".
I've been long on $CDOC for a few years and in that waiting process ventured else where in pinky land and I can't seem to find another company like $CDOC that has positive revenue, real products, real sales and REAL potential.
I understand that more shares could hit the market in the future (hinted at in the Q3 imo) to raise capital for R&D as well as paying the debt but I think this is still way undervalued. If I remember correctly I believe it was valued at .23 in 2011/2012 (but trading at .07 - .12) and is now a much stronger company.
We need more eyes and ears.
I would hope and urge that members comment more on this recent Q3 filing.
WORTH REPEATING...WITHOUT LEGAL COSTS NET INCOME WOULD HAVE BEEN 99.8% COMPARED TO 2014!!! Without these costs our Net Income for the nine months ended July 31, 2015 would have increased
by 99.8% compared to the same period in 2014.
THIS WOULD EQUAL OR EXCEED THEIR NUMBERS FOR 2013 WHICH WAS A BANNER YEAR. BLOWS 2014 OUT OF THE WATER AND REMEMBER AT STOCK PRICE HIGH OF .2950 IN JANUARY 2014.
Notwithstanding the Increase in our Net Income in the reporting period over the same period in 2014,
our Net Income has been adversely impacted by exceptional costs of $1,100,000. In the nine months
ended July 31, 2015 we have exceptional costs associated with the litigation of $700,000 and another
$400,000 associated with the cancellation of the Series A Dividend Bearing Preferred Stock and
issuance of 1,100 units of Series C Preferred Stock (non-dividend bearing).
Revenues for the Nine Months ended July 31, 2015*)
$14,767,251 Increase of 22.6% (“Increase”)
Percentage Change Revenues for the Nine Months ended July 31, 2014*)
$12,042,219
*Unaudited
Looks like we've got some eyes on $CDOC now. CDEL is back, undercutting the ask again.
Watch for MM to try and keep this down for the next day or so before the Q3 numbers get absorbed by the public.
Let's go $CDOC - the waiting is over imo.
Thanks Trader, can you post a link to it for board members?
Settlement of Lawsuit
May 22, 2015
Coda Octopus Group, Inc. (OTC:CDOC), reports that the lawsuit against the Company intitiated by Iroquois Master Fund Limited, Rockmore Investment Master Fund Ltd., Cranshire Capital, LP, Scot Cohen, Richard Abbe, Philip Mirabelli And Joshua Silverman has been settled between the parties.
Annmarie Gayle, Group CEO said “This settlement allows the Business to focus on bringing real value to its shareholders and stakeholders”