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is the DOE you are referring to the Department of Energy? If it is that could be delayed considering out government is bailing out banks, insurance companies, and possibly the auto manufacturers
if it's government money you are talking about BCON may never see it
your math is wrong in calculating a percentage loss
price was 2.18
price now 0.82
loss 1.36
divide the loss of 1.36 by the current pps of .82 and you get 165%
you are doing the division backwards
and no I am not bashing the stock just doing some number crunching and they do not look good
how can yoy say the maximum a stock can be down is 100%???
be careful playing that channel because looking at their financial numbers that channel could turn into a downward spiral
it could eventually go as far as sub penny under the right conditions
Their profitability doesn't look good at all
Profitability (TTM)
Gross Margin 57.96%
Operating Margin -9,253.98%
EBITDA Margin -8,823.89%
Profit Margin -8,978.32%
Valuation is awful
Valuation (MRQ)
Price/Earnings (TTM) --
Price/Sales 353.91x
Price/Book 3.31x
Price/Cash Flow
Growth Rate is pitiful
Growth Rate (TTM)
Earnings Per Share -29.8
Sales -84.0
Dividend (MRQ)
Financial Strength is pitiful
Financial Strength (MRQ)
Quick Ratio 2.03x
Current Ratio 2.03x
Debt/Equity 0.05x
Debt/Assets 0.04x
TONS OF INSIDER SELLING YEAR TO DATE
Their profitability doesn't look good at all
Profitability (TTM)
Gross Margin 57.96%
Operating Margin -9,253.98%
EBITDA Margin -8,823.89%
Profit Margin -8,978.32%
Valuation is awful
Valuation (MRQ)
Price/Earnings (TTM) --
Price/Sales 353.91x
Price/Book 3.31x
Price/Cash Flow
[b[Growth Rate is pitiful
Growth Rate (TTM)
Earnings Per Share -29.8
Sales -84.0
Dividend (MRQ)
Financial Strength is pitiful
Financial Strength (MRQ)
Quick Ratio 2.03x
Current Ratio 2.03x
Debt/Equity 0.05x
Debt/Assets 0.04x
TONS OF INSIDER SELLING YEAR TO DATE
$4000 in revenues is pretty laughable.....this should be trading sub penny with those kind of revenues
Beacon Power Announces Third Quarter 2008 Results
Monday November 10, 2008, 4:53 pm EST
Yahoo! Buzz Print Related:Beacon Power Corporation
TYNGSBORO, Mass.--(BUSINESS WIRE)--Beacon Power Corporation (NASDAQ: BCON - News), a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, announced its financial results for the third quarter ended September 30, 2008.
Related Quotes
Symbol Price Change
BCON 0.82 -0.03
For the third quarter of 2008, Beacon Power reported revenue of $4,000 and a net loss of $5,621,000, or ($0.06) per share, compared to revenue of $373,000 and a net loss of $2,814,000, or ($0.04) per share, in the third quarter of 2007. For the nine months ended September 30, 2008, the Company reported revenue of $53,000 and a net loss of $16,340,000, or ($0.18) per share, compared to revenue of $1,215,000 and a net loss of $8,970,000, or ($0.13) per share, for the same period ended September 30, 2007. The decrease in revenue is the result of completion of scale-power development contracts with energy agencies in California and New York, as well as the U.S. Department of Energy in 2007. Beacon Power is now entering the production phase of its flywheel systems. The Company expects to begin generating revenue from frequency regulation services later this month.
During the third quarter of 2008, Beacon Power incurred costs of $3,535,000 for research and development expense, compared to $1,978,000 in the third quarter of 2007, an increase of $1,557,000 or 79%. Research and development expense increased primarily due to legal costs associated with patent litigation, increased headcount-related costs and increases in expensed materials and tooling costs. These were partially offset by capitalized labor and overhead costs associated with the frequency regulation facility being built at the Company’s site in Tyngsboro, Massachusetts. Selling, general and administrative expense was $1,805,000 during the third quarter of 2008, compared to $1,388,000 in the third quarter of 2007, an increase of $417,000, or approximately 30%. This increase is attributable to increased activities in regulatory affairs, external fees related to consulting, legal, marketing and other services to facilitate penetration into the frequency regulation markets, and a reduction in the overhead allocated to contracts. Additionally, depreciation expense increased by $291,000 compared to the third quarter of 2007. This increase is primarily related to our manufacturing facility in Tyngsboro, Massachusetts.
At September 30, 2008, the Company had $10.6 million in cash and cash equivalents with working capital of $6.5 million. Subsequent to the end of the quarter, the Company raised approximately $10.7 million in cash from a combination of a drawdown of a portion of its Mass Development loan and the sale of stock and warrants. There is an additional $1.5 million which can be drawn from the Mass Development loan to offset qualified expenditures for equipment for our manufacturing facility.
On November 18, 2008, Beacon expects to begin earning commercial revenue from its first megawatt of frequency regulation capacity at its site in Tyngsboro, Massachusetts, under ISO New England’s Alternative Technologies Regulation Pilot Program. Beacon had initially expected to have up to five megawatts (MW) in service as of the end of fiscal 2008. However, in response to uncertainty and volatility in the equity markets, the Company decided both to raise less cash in its October sale of shares and warrants than once anticipated, and to raise additional funds during early 2009. Consequently, it also decided to revise its deployment schedule. Beacon now expects to deploy an additional 2 MW (for a total of 3 MW) in ISO New England by year end, and two additional MW (for a total of 5 MW) in the same location during the first quarter of 2009.
Progress continues to be made on Beacon’s New York deployment. The New York Independent System Operator’s Management Committee recently approved the funding for implementation of new market rules specifically designed for energy storage resources to provide regulation service, and expects to deploy these market rules by June 2009. A 20 MW interconnection agreement with National Grid for the Company’s Stephentown plant is expected in the first quarter of 2009.
Beacon Power is awaiting a decision from the U.S. Department of Energy (DOE) on its application for a loan guarantee to cover up to 75% of the cost of the Stephentown plant. Beacon believes that DOE’s decision on the loan guarantee will be favorable.
About Beacon Power
Beacon Power Corporation designs, develops and is taking steps to commercialize advanced products and services to support stable, reliable and efficient electricity grid operation. The Company’s primary business strategy is to commercialize its patented flywheel energy storage technology to perform frequency regulation services on the grid. Beacon’s Smart Energy Matrix, now being produced following approval for use in three of the country’s five open-bid regulation markets, is designed to be a non-polluting, megawatt-level, utility-grade flywheel-based solution that would provide sustainable frequency regulation services. Beacon is a publicly traded company with its research, development and manufacturing facility in the U.S. For more information, visit http://www.beaconpower.com/.
Safe Harbor Statements under the Private Securities Litigation Reform Act of 1995:
here's an apology from pink sheets even though we know they are not so credible
Mr. Young,
We are happy to inform you that the Caveat Emptor flag has been taken off of Ulysses Diversified Holding Corp. Because the name change was minor in case of UDHC, we reconsidered the requirements for companies that go through such name changes and taken the Caveat Emptor symbol off of UDHC.
Please do not hesitate to contact me if you have any questions.
Best regards,
Khushboo Shrestha
Issuer Services
Pink OTC Markets, Inc.
304 Hudson Street, 2nd Floor
New York, NY 10013
T: 212-896-4420
F: 212-652-5920
YEP 100 million AS is the only important number when it comes to the pps........float doesn't matter if it's 6,9,12,18 million
and there are still plans to reduce the AS even further
shareholder value is not created over night, it's created over time
the claims of dilution are laughable
Click the zoom and hold your mouse down on the left side and move it around. I believe Al & Matt will have directions up soon on the pan, tilt and zoom feature works.
with a 52 week hi of 2.18 and current pps around .82 it's very easy to be down 165% (not so ridiculous is it)
Beacon Power Corp. $ 0.82
BCON -0.03
Short Interest (Shares Short) 10,000,000
Days To Cover (Short Interest Ratio) 11.9
Short Percent of Float 13.94 %
Short Interest - Prior 9,818,400
Short % Increase / Decrease 1.85 %
Short Squeeze Ranking™ -88
% From 52-Wk High ($ 2.18 ) -165.85 %
% From 52-Wk Low ($ 0.75 ) 8.54 %
% From 200-Day MA ($ 1.35 ) -64.63 %
% From 50-Day MA ($ 1.03 ) -25.61 %
Price % Change (52-Week) -53.00 %
Shares Float 71,720,000
Total Shares Outstanding 88,754,642
% Owned by Insiders 25.05 %
% Owned by Institutions 10.90 %
Market Cap. $ 72,778,806
Trading Volume - Today 671,029
Trading Volume - Average 839,300
Trading Volume - Today vs. Average 79.95 %
Earnings Per Share -0.21
PE Ratio
Record Date 2008-NovA
Sector Utilities
Industry Electric Utilities
Exchange NAS
Data Provided Without Warranty
I don't know much about the company
are they waiting on any financing? cause if they are we all know that could spell trouble
i did see that pinksheets.com is reporting insider sells of over 6 million shares back in september
shortsqueeze.com is showing 10,000,000 short shares which is 13.94% of the float
the stock is down 165.85% from its 52 week high and down 64.63% from the 200 DMA
the chart looks bad IMHO
I surely would not invest long term in this one. I might play the channel between .70 and .90 but that's it
the stock had one of its major runs before the divvy screw up was even pr'd so that's not the case. the stock ran to .10 at that time then traded in a channel between .05 and .13 for months
the stock has been punished by many factors including a bear market, pr's with no follow up and some uncertainty
year to date the stock, however, is up....so if you bought in at the beginning of the year you are doing very well and if you traded the channel you are doing even better
for those that bought in between .03 and .13 they are obviously not happy and i can expect that
each shareholder is responsible for their entry and exit points in any stock they purchase and for those that did buy in between .03 and .13 I have confidence that you will make money within a year if you are willing to hold that long
check out the pan tilt and zoom features of the live demo camera at http://www.kinderview.com/demo/ pretty impressive
so buy at.70 and sell at .90 rinse and repeat as often as you can
You have a right to push you own a part of the company as do many of us. I do not pump and post fluff. the revenue projections are very very possible. Remember too we are coming up on the end of the fiscal year for many business so now is the time to get to them to put Kinderview in next years budget.
Obviously the TA has some incompetent people working for them because the girl i spoke to told me to fax a shareholder list request and gave me a fax number to fax it to.
Frankly the divvy screw up is either nothing or gravy at this point.
I am more excited about future revenue and sales growth.
BTW I am not cheering, can't start selling until I am fluent in the materials, product and presentation and I will post when and where I feel like it.
I am not telling anyone to buy, I am not pumping and all of my projections are very very possible!!!!
And the TA tells you to call the company when you ask about the divy screw up!!!!
UDHC's potential with SNV and kinderview makes me think about that great transfer of wealth T Boone Pickens is always talking about except this transfer will be coming to the reps and UDHC shareholders.
I honestly think this could be a life changer for all involved.
The product and service will enhance the end users business with many advantages. The minimal cost can be tacked onto their monthly charge to their customers. If a day care has 50 kids it would be an additional $8 to $16 a month depending on whether they have a 4 or 8 camera system. If the day care has 100 kids it would be an additional $4 to $8 per month.
It is a recession proof business and there is a huge demand right now in many business sectors.
The day care can put Kinderview in their yellow page ad which will attract more clients for the end user.
Potential clients will be calling me once they see the day care down the street is offering Kinderview.
This is a volcanoe waiting to erupt no matter what the economic conditions. Parents cannot eliminate day care from their budget.
IF every rep hits my goal of three 4 camera accounts and three 8 camera accounts per week the company would have $56,160,000 in revenues at the end of ONE year
That does not include any national contracts (like the one in the works) nor does it include any Government business brought in by the rear Admiral.
It is very conceivable UDHC could realize in excess of $100 million in revenues a year from now.
If that pace continues for a year or two more the numbers become mind boggling Even if the company only does 10% of that the pps will also be mind boggling.
I am not pumping anything just looking at high end and low end sales and growth estimates.
I have been in sales for 20 years myself. We are independent contractors not employees. Sales have changed quite a bit in the last ten years.
The approach, presentation and close have been set up so anyone can do it.
Flooding the market with reps is not necessary since each reps territory is "the globe".
My goal is three 4 camera systems and three 8 camera systems per week and that calculates to about $200,000 for part time work. I'll buy my own health insurance with that kind of income.
If I hit that goal I will have $9300 a month coming in after one year before I even get out of bed every day
The old 80/20 rule of sales will not apply here especially considering the demand and the FACT that there is NO COMPETITION!!!
On top of that we will only be concentraing on one market segment at first. Then the flood gates will open to all kinds of businesses.
As I said before I have over 11,000 qualified leads for this market segment just in the state of Florida
It depends on whether the customer goes with a 4 camera system or an 8 camera system
One account per rep per week (of the 4 camera system) would realize $249,600 in annualized revenues or $20,800 in monthly revenues for the company
each 4 camera system account represents $4800 in annualized revenues
each 8 camera system account represents $9600 in annualized revenues
a sales rep who opens 2 4 camera system accounts per week will make approximately $45,000 a year
if he sells 2 8 camera systems per week that number jumps to $90,000
one 4 camera and one 8 camera account per week and the rep makes approximately $65,000
it's easy to see the reps will be motivated to surpass those numbers
the reason you call a TA with pinky stocks is to make sure there is no dilution
if the TA gives you higher AS and OS numbers there is a high likliehood of dilution
there is no dilution with UDHC because the numbers are consistent
the chart would also show dilution and the UDHC chart does not show any dilution
and yes it is going to be a very simple sell
just 4 accounts a week and I will get rich!!!!!
technology has changed quite a bit
just like the new wireless technology cameras UDHC is about to unveil
less than 20% of all sales are done in person nowadays
less than 30% of all meetings take place in person nowadays
what was the gain? i missed it
um no...ever heard of a telephone? web conferencing? go to meeting?
all kinds of things can be accomplished nowadays without ever leaving your office
UDHC uses state of the art EVERYTHING!!!
I've spoken to the TA on numerous occassions and they refuse to answer questions about the divy screw up. You must have the wrong TA info
national and multi national contracts are something i know nothing about and even if I did I couldn't comment on them until the company put out a press release
I would suggest calling Clayton with that question
As for the day to day trading I'm not following it at all
prove what??
My relationship with the company is that of an independent contractor. I am not an employee. There are some things I can talk about and some things I can't talk about per the agreement with UDHC. No you cannot see my agreement nor know the details of that agreement.
I am not following the day to day trading anymore.
However , I can tell you I would not be working for any company I did not have total confidence in.
speculation proves nothing..........until the company says something there is still a possibility
I would like to see you show proof that the divvy screw up has been put to bed.......
well i don't think the divvy screw up has been put to bed yet so we'll just have to wait and see i guess.....as for .02...ha...udhc will blow past .02 on the announcement of any contracts
That is correct
I am hoping I will be finished and ready to start selling on Monday. I'm not sure the status of the rest of the reps. Everything is being done one on one by Mike Adler and most of the technichal training is being done by Alan. man my head is still spinning from some of the technical stuff.
what makes you think UDHC will never see .02 again? do you know something everyone else doesn't??
I see we are still trading in the same boring trading range from .01 to .02............guess I haven't missed much lately but there's lots going on at UDHC......did anyone notice there are 2 demo cameras now? that's just the tip of the iceberg
wasn't it you who said NITE and SSGI were working together on UDHC a couple of months ago??..........me thinks your theory was and still is correct
someone asked yesterday if it was SNV that just signed up camp bow wow.........i thinks that's unlikely because we the sales force are concentrating soley on day care businesses at first.. other business categories will be added down the road
man i can't wait to finish this training....it's wearing me out
INSIDERS DUMPING LIKE CRAZY
OVER 6 MILLION SHARES DUMPED BY INSIDERS SINCE SEPT 19
Transaction Summary — Last 6 Months Number of Buy/Sell Transactions 52 Gross Shares Bought/Sold 6,492,655
Number of Buys 0 Shares Bought 0
Number of Sells 52 Shares Sold 6,492,655
Net Shares -6,492,655
Transactions — Last 2 Years Trans Date Filer Ownership Type Price Shares
Sep 19, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.3421 9,600
Sep 18, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.2471 221,406
Sep 17, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.1993 20,100
Sep 16, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.1762 139,815
Sep 15, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.1407 22,400
Sep 12, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.1400 4,900
Sep 11, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.1400 200
Sep 10, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.1648 21,097
Sep 9, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.2690 1,002
Sep 8, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.3134 11,097
12345678next >last >>
INSIDERS SELLING TOO
Transaction Summary — Last 6 Months Number of Buy/Sell Transactions 52 Gross Shares Bought/Sold 6,492,655
Number of Buys 0 Shares Bought 0
Number of Sells 52 Shares Sold 6,492,655
Net Shares -6,492,655
Transactions — Last 2 Years Trans Date Filer Ownership Type Price Shares
Sep 19, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.3421 9,600
Sep 18, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.2471 221,406
Sep 17, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.1993 20,100
Sep 16, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.1762 139,815
Sep 15, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.1407 22,400
Sep 12, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.1400 4,900
Sep 11, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.1400 200
Sep 10, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.1648 21,097
Sep 9, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.2690 1,002
Sep 8, 2008 QUERCUS TRUST
Beneficial Owner (10%) direct Sell 1.3134 11,097
12345678next >last >>
overall market is down right now and most likely will go lower
do you have inside information about pr's coming up??
the chart is waffling right now and actually wants to go lower
CMF shows money flowing out MACD ready to go negative
ouch ouch ouch
huge short interest too :)
Beacon Power Corp. $ 0.86
BCON -0.02
Short Interest (Shares Short) 9,818,400
Days To Cover (Short Interest Ratio) 11.3
Short Percent of Float 13.69 %
Short Interest - Prior 10,481,700
Short % Increase / Decrease -6.33 %
Short Squeeze Ranking™ -87
% From 52-Wk High ($ 2.18 ) -153.49 %
% From 52-Wk Low ($ 0.75 ) 12.79 %
% From 200-Day MA ($ 1.36 ) -58.14 %
% From 50-Day MA ($ 1.08 ) -25.58 %
Price % Change (52-Week) -56.00 %
Shares Float 71,720,000
Total Shares Outstanding 88,754,642
% Owned by Insiders 16.09 %
% Owned by Institutions 10.90 %
Market Cap. $ 76,337,868
Trading Volume - Today 195,373
Trading Volume - Average 865,700
Trading Volume - Today vs. Average 22.57 %
Earnings Per Share -0.21
PE Ratio
Record Date 2008-OctB
Sector Utilities
Industry Electric Utilities
Exchange NAS
Data Provided Without Warranty