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Nothing from PYCT, just another email from Hands.
I am not a chart guy, but it appears that if the hourly moving average equates to the 60 minute moving average, we should go green.
FYI, just a joke.
Wally:
There are three type of posters on the board, well actually four:
1. Those that grumble as they got in at a higher price and are frustrated at the lack of communication and share price.
2. Those are in, myself included, that are in a much lower price and still underwater, but are frustrated with the communication and share price, but arent bleeding too bad.
3. the flippers that if done right have made out ok. In honesty, I flipped initially and ended up with a good amount of freebies. But double down and am now down a little bit based on todays price.
4. The bashers who just want to call this a scam.These are people that, IMO, have a right to post, but I dont pay any attention to any of them. In fact, the "to da moon, cheapies, scam, dilution" and other one line comments add no value to me.
Actually, I forgot the fifth category, those are silent on the sidelines and post infrequently. They may be the smartest of us all.
Good luck.
no mail from pyct, but i finally got one from hands.
and I didn't pick up any over the last week. Man, my timing is off.
MPP:
I thought the same thing, unless the person who got the email responded negatively.
If you, Paul & Dan, are reading this, we only ask for an update on the progress (good, bad or indifferent).
Anyone understand this comment by Paul T.? I am not a pinkie expert, but why cant this issue free trading shares?
" We still have to rely on private investments to get our business going since we have not yet found a way to offer free trading shares to pay for investments".
Sparky
The problem with this trading this low is that flippers and retail investors load up down here and sell when it hits the .03 thus creating resistance for a higher price.
The longer we are down in basement, the harder it is rise up.
Markss
didnt work for me, what is it
That response was exactly what Paul said to me in the NYC meeting when I was asking him questions. Attitudes like that clear show his lack of understanding of being part of a publicly traded company.
Part of the reason for doing a r/m into a publicly traded company is to have the ability to raise funds for operations and acquisitions. This is NOT the type of attitude that makes a investor want to invest in any new offering (working capital, second bottling line, etc.).
Unfortunately, Paul is probably the brightest of the bunch. Also, i thought he was a company officer? I guess just an investor.
One should also realize that while Paul, Dan and the sabre fighting guy have invested and/or lent money to the company, the salaries alone have almost sucked all that investment back out. Meaning, they are sitting on free shares.
Let's just hope they actually are moving in the right direction.
In until end of June and then re-evaluate. BTW, I only invested after the NYC meeting, so I my mind, i invested in AQUI!!!!
most cost effective and environmentally friendly way to broadcast the news is via publication in a pr and posting on the website.
Yes, i know that. as of the last hearing, $1.1MM has been collected but only enough to cover tifford's fees and expenses.
I would like to clarify my earlier post. I couldn't understand in the first place why AQUI would want a big four firm. Yes, it adds credibility, but in reality, the company ends up getting short changed. At best they would get the most junior of junior staffers and the cost would be huge. That is why most small and mid-size companies go with a regional.
At first I thought Woolong may have demanded it as there may have been some short of equity investment by Woolong into Acqui or a revenue sharing agreement. If E&Y were Woolong's auditors, that would make some sense.
I don't have any issue with using a local accounting firm, but to pr that E&Y is your firm and if it ends up not, that just leads to more credibility issues and makes them look like the three stooges.
I tried to buy 1 share today, but my broker couldn't make change from a penny. He said I would have to invest the whole penny if I wanted to get the shareholder letter. Told him it wasn't worth it.
I think the facts show that RA and Tiff seized the $700MM judgement. Tiff get 40% and RA 30%. I dont think judge Lynch accepted RA pledge of his personal cut to keep out of jail.
Brad, I was referring to DJ, HOP, H2NO
1) Been reviewing the messages from the last couple of days. Needless to say, this is quite frustrating. The biggest disappointment was seeing the removal of E&Y from pinksheets. I believe one poster said it was at the firm's request. Hard to know what is really going on with that.
But from my experience, when you retain/hire an accountant, you sign a contract. It doesn't matter if they have done any work, they are your accountants and AQUI should be able to publish that info. In fact, all "reporting" companies are required to file an 8k reporting that there has been a change in accountants. Yes, even BB companies have to do it.
Further, most publicly traded companies put the retaining/hiring of an accountant on the proxy statement and it is voted on at the annual shareholders meeting. 99.9% of the time, a mere formalitym but it is standard.
2) I also saw some comments regarding E&Y certifying the contract. Again, from my experience, accountants dont certify contracts, they are only interested in the mechanics so they can accurately classify revenue and expense.
Lawyers on the other hand, can issue an opinion as to the validity of the contract. Generally, in transactions, attorney from both side will issue opinions stating that they believe the transaction/contract are legally binding.
So if anyone is going to "certify" a contract, it would be AQUI's attorney's.
In light of the non-existent communication coupled with E&Y disclosure, I think there is real cause for concern. Obviously, this is magnified by the low share price.
I am staying the course as previously posted, holding no matter what until end of june, then make the decision.
you guys are too funny, a small portion of letters were sent out and each of you got them. What are the odds of that happening?
How can they release "updated" information to only a few shareholders? Reg FD requires the company to notify the investing public of any material information.
Either the letter does not contain any info outside of what has been publicly released or they are in violation of disclosure regulations.
I invested in a stock named aquagold (AQUI) which has been tanking after the mods were pumping it. Some folks have suggested that the mods were getting stock to support it on the boards. Anyone hear of any other circumstances like that.
I dont post much, but have to say I appreciate the dd and the board moderating. I read each post but dont give any much weight in decision making. I am not a long timer having invested after attending the last investor meeting.
My perspective, for what its worth, is that the company probably does have at least one contract in china. After the investor meeting, which I gave good Sauve good marks for candor. I now am inclined to say that these three are not up to the task of getting us shareholders across the finish line. None of them are experienced managers much less experienced in running a public company, in particular a pinksheet.
I think the concept is good and they apparently are well connected in china via tang. If so, which i suspect is true, then the real risk lies in management. At this stage, I would say they are not capable of executing. Hope I am wrong, but if not, I hope they have enough sense to get someone in.
I even forwarded a suggestion in a guy who worked for 20+ years at Cadbury Schwepps who got caught up in a headcount reduction. no contact so far. Clearly, Daniel and Paul cant do it alone.
I am in, as stated before, until the end of June. Best of luck to all.
My two cents (or more than what a share costs):
The board has taken a drastic turn toward the negative. With the stock price it is understandable. I too an quite disappointed with not only the share price, but the lack of communication from management. And no, i dont want to hear from IR. I sent Dan an email at the beginning of last week and have not heard back anything. My questions were; have you received the molds? have the molds been installed? have you had a test run? When is the first shipment scheduled and how many cases? Have you set up a banking relationship to leverage the L/C?
All questions which I think should be and are, easily answered. At this point in time, I would strongly recommend an interactive webcast to update shareholders.
Having said all that, I have read messages suggesting this to be a scam, fraud etc. Having lived through one of the worst (Universal Express), this is no where near that. IMO, Dan and Co. are in over their heads and managing crisis everyday. Throw in the always difficult Chinese and you have a mess.
I still believe they will get it straight, but we are definitely off schedule. Better for the gang to fess up then to go silent which does nothing but cast suspisions.
My 2 cents from the cheap seats:
1. Fundings (note plural) are excellent news.
2. IMO, the company is finally moving forward.
3. More importantly, the initial funding leads me to believe that there is progess toward resolving the SEC issue.
4. Future looks bright.
5. Share price is holding despite the most recent funding which was 10 cents a share (i.e. highly discounted). Remember the dollar warrants are throw in's and dont have to be exercised.
6. In addition to coding, product development, keep an eye of the share price for future fundings, that IMO is a very key indicator of progress.
Board Members:
just to let you all know, i am on my to the subway down to the court house. will try to post full report tonight, if not, you can enjoy it with your morning coffee
anvil