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Forgot to mention the closing is this year yet. (But he didn't say any day now.
And Andy says... The closing is still on target for the sceduled date (Which he wouldn't say)The second closing is not in the closing stage but could be so that one was not mentioned much. I think they are being cautious with their projections. Whoooaaa it may be due to practicing on being listed on the OTC.
He did say they are focusing copanies like Chummings, $100M companies that are strong. They do feel strongly they will get their four (4) closings per year. Management still feels confident about the company.
They are also looking into other markets besides the China market.
Now lets see how many more shares JB can print off before having to report everything ahead of time
With another any day now I wonder if we'll get our any day now news story? Any how I'm betting any dollar that we will not get any news for today beign another any day....now.
Has anyone talked to Andy lately about our Any Day now?
Now we all know tomorrow we drop back down to .0009
Any day now..... Any day as Andy has said for weeks now. Any year now. Any year now as I am beginning to think.
Sarcasm is great.
Myth not sure what the signs were. IR didn't know and the pink sheets supported 381M and the daily trading volume was low. I didn't see any handwriting on the wall.
I think it's possible but when is now a concern. Personally I don't care for Bickel unlike other posters. I think he's over his head. In reality this seems like an easy busy to operate and yet I don't see him creating fireworks. JMO
Jitz when I asked for the O/S I was told to look on pinksheets.com. Rain and several others told me that is a good source for pinkies. My number was off that web site as of August 27, 2007. That's all I can tell you about the numbers.
BR
Yesterday it was 500 shares that dropped us down. Today a whopping 300 shares. Can you say MANIPULATION. And I hate using that as an excuse.
Rain hasn't posted in a couple of weeks. And your guess is as good as anyones. If you follow the board it was supposed to be at a nickel by now. So as you can see there are no fortune tellers on this board
The news though interesting does not mean anything to effect the bottom line. Closings, ENHD trading and off the pinks is the only news that will help the pps. Well if they retire about a billion shares od O/S would help too.
Myth read this from JB two weeks ago.
"In this very trying time in the global financial markets, China is the fastest growing economy in the world. Despite the current global economic conditions, the impact to China has been relatively minimal. In addition to providing financial forecasting for the company in the near future, we also anticipate providing detailed information as to why China is an ideal market in which Redwood Capital will focus its efforts," Mr. Bickel added.
So he is telling us China has not been hurt to effect S3. That's the way I read it.
It also ran because people thought the share count was some where in the neighborhood of 381M shares not 1.5B. Huge difference. It reduced the market cap by 80%
When I say bottom I mean the lowest number of .0001
Myth it has plummeted. We're in triple zeros now. The bottom is a lot closer then where we were several months ago.
What about 2 as Andy keeps telling us in his phone conversations? It originally started at two for sure and very possibly 3 and reassuring us the economy in China has no impact. Call me a skeptic but I get tired of these little pink lies.
Karin in their own words they stated the economic climate has not been a factor. It's time for them to deliver and quit this any day crap. It's been any day for too many days
Sorry for the spelling errors
Karin we make every excuse for this company. They need to perform
On 500 shares I see.
Want my guess? Visiting the girls in China which I suspect is why he likes China so much. i'll stand by my stement that he does not need to be there when he can be developing other mmarkets. Red Oaks is on auto pilot. They don't need him in their day to day activities.
I don't even know if Bickel has a clue about getting off the pinks and what it means. The poor bs'rd might squirm when he figures out he can't lie and steal anymore.
You got me. Hope he took his GPS as I'm sure he will get lost in the first alley he goes down
Ten I never put any confidence into the pink sheet numbers until numerous posters said that it is accurate to the date posted. I tend not to buy penny stocks but thought this might be worth it. So far I've been dead wrong. As for Bickel I don't see the value added. He more than likely doesn't speak the language and I'm sure most of the companies SIVC is courting are not big into English (Just my guess) so why does he have to sit there face to face. When I used to go to China it was to source products and services which I did through Sales Reps. Once we established an office of Chinese nationals who spoke English the need for my trips ceased since we could communicate to them our needs. I don't see this as any different. And why not go to India. Set up the same type of arrangement and put it on auto pilot basically and reap some reverse mergers. This business is not rocket science.
Besides I have a problem with Bickel more than doubling the share count and halving our market cap thus our shareholder investment.
I am still waiting for the closings any day now as I was told several weeks ago and am beginning to wonder
Isn't that the reason to invest in any stock?
Ten I'm not sure where you are coming up with your numbers. But as of August 27, 2007 there were 381M shares outstanding. This after the split leaving a count of 16M in February 2007.
Per Andy in IR there were no additional shares issued in 2008. The numbers you are presenting differ with the pink sheet count which is usually accurate for that date. So given no additional O/S for 2008 it's ludicrous to think that in the last four months of 2007 the share count grew by 4 times. If so that is criminal by Bickel. And I don't agree that Bickel is making this company successful. I believe he is more of a hindrance than a help. His numerous trips to China are not needed. There is nothing he can do. He's wasting the company's money which is ultimately our money. JMO If nothing else he should be focusing his time on India and Africa where future growth is a certainty. He already has something in China with Red Oaks. I don't believe he can motivate those people with his numerous trips.
We're still waiting for that "Any day now."
Ten then maybe some one can explain to me how we went from 16M shares in Feb 2007 to 350M shares in August 2007 to 1.5B shares in November 2008 if we were funded all through 2008. Someone is lying about the funding. That's my opinion
Getting an early start. Any day now!!
Anyday now
Happy Thanksgiving all. I know this is not related to SIVC so I hope my message doesn't get deleted.
I like it!!!!
Any day now. For the tenth day since being told any day now!!
Myth I did. That is what he told nme but wouldn't say how. I tried guessing and he wouldn't tell me.
The SIVC new battle cry "Any day now." We now compete with the Cubs fans, "Wait till next year."
No please no. I was expecting to have a great Christmas with my profits from SIVC and then the bottom dropped out. You are my only hope now. I have my list for my kids, wife, and even me.
Goalie he told me the same thing. Then he did say a second one should close by year end. So I would assume there would be a PR coming out ahead of time announcing the second closing in process.
Myth,
“In this very trying time in the global financial markets, China is the fastest growing economy in the world. Despite the current global economic conditions, the impact to China has been relatively minimal. In addition to providing financial forecasting for the company in the near future, we also anticipate providing detailed information as to why China is an ideal market in which Redwood Capital will focus its efforts,” Mr. Bickel added.
Fourkids, as long as it works out in the end I have all of the patience in the world. I will admit I like to see progression even if it's 1-2% only. Green is green.