Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
People need to stop drinking before posting! At least sober up a little bit.
.006 677500 -7.69%
I meant the post below mine proves the points we were making.
What does it possibly matter whether SMKG closes green on April 27, 2010? Rambo style or otherwise?
see below...case in point!
I have been with this stock for 3 years, and to be honest, I think its too good for pumpers. I believe its actually building on something, and will be profitable some day. It doesn't need mindless speculation.
I am not trying to be personal, and never have, but Stockselection did say that we could call him an idiot (i believe that was the term) if SMKG was not at .15 by end of April. I am just taking him up on his offer!
I do apologize if my prior email utilized too much logic. Please do return now to fantasy island.
If you look at the company's statement last month, they really are not making much, if any money. This is why the stock is at .006. They put out a statement in January that they are close, but are not in the black yet. This is why the stock is where its at. On the one hand, why are investors trying to get the company to invest a lot of money in pumping up the stock when there really isn't any news to report? Why should they use company money to hire IR companies which would have to make up stories (note the shallow pumping for the last 2 months)? This money could and should be used for business development, not shallow PR's to temporarily bump the stock. It does no good for people like Pizza and Stockselection to say the company should be worth .05, .10, .25 (several million dollars market cap) when the company isn't making money right now. On the other hand, it does seem like a legitimate company that has prospects for making money, and which isn't going to be bullied into making up stories for the sake of investors that want a quick portfolio hit. If you want to make money in SMKG, buy some at this price and wait until the company has some news to release about serious business development. I wish the shallow, irrational pumpers would just go away. There are plenty of other companies in the Pinks that are more than happy to have their crappy promos. Of course they also have 3 Billion shares floating as well. Sorry, but SMKG doesn't quite seem to be a quick hit...maybe its a legit company instead.
I have been trying to figure out the actions/or lack, of the company recently, and almost makes more sense if poison pill no longer in effect...investors not really included in much.
Is the poison pill still in tact? Are investors still protected?
I agree. So many good fundamentals from what we have been told in the past, but not so good communication. I hope they communicate better with their clients/potential clients than they do on their PR's.
I'm game!
Now we are waiting for end of April? Are they going to come out with news they already have, or news they hope will develop over the next month? The way it is being handled seems like a death wish.
I have a couple million shares Franco. I have done what all these other posters are pretending to do...BOUGHT THE STOCK!...and have held for 3 years. Not going to apologize for wanting information, disclosure, and legitimacy!!!
Well, it would be my understanding that if they have material information that would effect the price of the stock that they need to be sharing it. Wouldn't it be illegal to keep the price artificially low so that they can buy at these prices, knowing that they are actually sitting on a gold mine? Maybe the exchange that they are on doesn't have those kind of requirements, but seems unethical to me Franco.
I am waiting for Tatoo to also make a post from Fantasy Island. Who needs to talk about Pr's, disclosure, and profitability when we can just fantasize about a $10 stock in 3 days?
I received a SMKG profile for 2010 which said that the company is getting CLOSE to profitability. My interpretation is that the company is not yet in the black. Yet there is talk on this board of the company making money, and that the SP should be .10-.25. Does someone have a dartboard they are throwing darts at? Ridiculous to guess at SP without more info.
Last quarterly update June 29, 2009!
Hard to believe there could be much left in the .006-.007 levels. Lets form a base at 8 and move north. Could someone post level 2 periodically during trading hours? Ready for pennyland.
I was looking at post 3709, and probably 20 other posts in the last couple weeks that speculate on current bid/ask numbers, and never quite align with reality.
what happened to the .008 today?
sold out, bought out, stuck!
Any ideas as to why they don't post monthly transactions and revenue like they did most every month last year? Don't remember seeing any of those numbers yet this year, and would be great to see where we stand in comparison.
Pretty disappointed in the PR blitz myself. Spent money for a lot of publicity, and the company had no news, which tells me they were hoping to get a pop on old info. Haven't seen substantive news for a very long time. Said they had a couple of merchants that would bring 10,000 new customers, and haven't heard any updates about that. No numbers comparisons to last year so don't know if they are growing, shrinking, or what. Promised to be fully reporting by last March, and still have limited info. Have owned this stock for over 3 years, and hard to keep holding at this point. Comparing bids/asks each day does very little for me.
I have corresponded with Max with this address:
support@gosmartcard.com
Jul 8, 2009 11:45:00 AM
Copyright Business Wire 2009
SAN ANTONIO--(BUSINESS WIRE)-- SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG) CEO Massimo Barone said, "We continue to have significant demand from merchants and their customers with the need to fund and manage their Prepaid cards from competing Issuers. Currently we have focused on our approved card programs but with the demand from Issuers without a national presence make's our offering to them fundamental.
The Prepaid Card industry is significantly growing as Debit transactions are surpassing Credit transactions in the US for the first time and the necessity for an existing and recognized Payment Loading Gateway "Velocitymoney.com" to fund cards has created an important opportunity. Our existing capacity and Financial Institution partners worldwide allow us the capacity to compete in the E-wallet segment and Load Network space at competitive levels.
Big News..."2 new merchants with existing customers in the tens of thousands, " could mean lots of revenue. Lets break the .01 today!
More news is awesome, finally getting the publicity it deserves. One thing I can say for sure with this company and its CEO is that he does what he says he is going to do, and also wants to hear the opinions of shareholders. Smaller companies take longer to get going, but I have always felt confident with SMKG.
I have been accumulating SMKG since July 2007--->fun times ahead!
Can someone post level 2?
I had same problem...go to pinksheets.com, put in smkg and go to their filings.
I agree King. We went from thinking we would have fulling
reporting status by end of this month to "No Info" on the pinks. What also concerns me is how it could take 6 months
to report the numbers for 3rd quarter last year. Its great
that their numbers are up, but its not like a Large Cap
stock that has Billions of dollars to consider when they
report. How are they going to keep up if/when they do
continue to grow? Doesn't seem as if financials are a
priority, nor keeping investors informed. A bit frustrated
though hopeful in Tahoe.
I agree King. We went from thinking we would have fulling
reporting status by end of this month to "No Info" on the pinks. What also concerns me is how it could take 6 months
to report the numbers for 3rd quarter last year. Its great
that their numbers are up, but its not like a Large Cap
stock that has Billions of dollars to consider when they
report. How are they going to keep up if/when they do
continue to grow? Doesn't seem as if financials are a
priority, nor keeping investors informed. A bit frustrated
though hopeful in Tahoe.
Waiting for filings over here. Haven't sold a share myself.
Check that...we were told fully reporting by end of 1st. Quarter. Still very excited for the prospects, but seems like a setback.
Stop sign on Pinksheets again? Seems like an awful long time to get 3rd quarter numbers. Anyone have any info.? We were told SMKG would be fully reporting by end of Feb. and seems like we just took a huge step backwards.
I would like to hear what you guys think would be the most important thing for SMKG to do right now. Maybe not to move the share price today, but for the long term growth of the company, and eventual strength of the share price. I think they are doing a lot to develop good contracts which will increase transactions. Far as I can tell, transactions are just free money, as all the infrastructure is in place. What do you think SMKG should do?
Tasillo, love that story. Do you remember what was the turning point for that company? How long did it stay at .80? Did the company get bought out, or did the share price eventually go back down?
Thanks King, Excellent Info. Hard for some to invest in something they may not understand, and think your posts are very helpful.