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.
This poor, sad stock. What will become of it? It just can't get anything going. Of course, there's billions of shares outstanding which scares the crud out of 99% of investors but the fundamentals are really improving.
Will the fundamentals be able to overcome the disgusting share structure. I say no but that's why I gave the 2-3 year scenario for the company to turn around. Maybe Matt Totty takes over as CEO in that time and starts focusing on the entire business environment including its shareholders. If JB stays as CEO, I think we stay at these levels. He should move to a position that just deals with operations and let Totty take over as CEO and see what happens then. Don't get me wrong, I think JB does an outstanding job with our operations but a below average job with all other aspects.
Matthew Totty: Managing Director
Mr. Totty has more than 15 years of Wall Street experience in various capacities. He began his career as a broker and later transitioned into an Analyst and Fund Manager. He was one of the founding members of Gunn Allen Financial and while serving as Chief Equity Analyst for that firm, he was identified as the #1 performing Analyst on Wall Street by the Wall Street Journal. Mr. Totty has served as CEO of many companies and brings extensive public company management and analysis experience to the Redwood team.
Mr. Totty has been a contributing analyst to William O'Neil & Co.'s Institutional Research Department, publishers of Investor's Business Daily, Zacks Research and First Call's earnings estimates. Mr. Totty has been an affiliate of the Market Technicians Assoc. (MTA) and a colleague of the International Federation of Technical Analysts (IFTA). Mr. Totty was a former member of the Business Council for the United Nations.
Well, the NT was filed on 4/1. I believe they only count trading days and not weekends so that would make it due by the 21st. I would guess next Wednesday, the 20th, would be the day but that's just guessing.
Sloth
I would not only be surprised but SHOCKED if that was the case. This stock is an enigma that cannot be solved and that's how management wants it so to keep suckering people in to buy shares and fueling the revolving door of their virtual ATM machine.
Sloth
I got some 8s yesterday. Very curious and hopeful about the 10k. Since 96% of the improvement over the last nine months happened in the last quarter, I will be very curious to see how Cyberlux did in this last quarter.
Big number are great but we need some long-term commitments from other sources (ie. Rayovac/Spectrum Brands). I really want to see some commercial biz established.
GL,
Sloth
I'm waiting for the Easter Bunny. Betcha the bunny arrives before the CE is removed.
This is awesome - 200m shares traded and we're still at .0001.
How is that even possible unless the company is selling shares or the Easter Bunny is buying them and then turning them into colored eggs to deliver to children.
Something stinks here and it ain't rotten eggs.
Sloth
Here's a suggestion from a more knowledgeable person:
Caesars Palace has teamed up with 888.com so they will fly if UIEGA loosens up
Caesars and Wynn Resorts have also been in the news recently regarding their relationships with online poker rooms. Last Thursday, the Nevada Gaming Commission approved the first ever business partnership between a state-licensed gaming company and a foreign-based internet gaming operator, as Caesars Entertainment and 888 Holdings teamed up.
Together, the two companies will market the World Series of Poker and Caesars brands to gamblers in the United Kingdom.
That news was followed by an announcement that Wynn Resorts had partnered with PokerStars to support online poker legislation in the United States. The partnership would create a new online poker site, PokerstarsWynn.com, if Federal legislation were made a reality. Unlike the Caesars/888 deal, the Wynn/PokerStars partnership has yet to receive legal approval from the Nevada Gaming Control Board or the Nevada Gaming Commission.
http://www.ashtoncartwright.com/2011/03/31/caesars-palace-dealers-reject-tip-sharing-policy/
You see many think that since the B&M (brick & mortar) gambling establishments supported UIGEA that they will benefit the most when it is overturned. UIGEA really killed online gaming companies so they are pretty hurt right now.
B&M gambling establishments aren't doing so well because of the economy but nobody made it illegal to accept money like online companies. Therefore, these B&M companies such as Caesars & Wynn can partner with online companies or acquire them for their software and sites to quickly establish a strong presence in the online market. They couldn't do that before the UIGEA since online companies were fairly powerful and had lots of cash to compete with these huge types of B&M businesses.
(B&M businesses are simply those that you can physically walk into. They're buildings made with such things as brick and mortar-thus the name , in case you didn't know that).
Many think that politicians falsely claimed to be against online gaming because of money laundering to terrorist groups, corrupting people and ruining lives when, in fact, they were against online gaming because they were being bought off by B&M companies and the horse racing industry. When politicians tell you that they are for less govt intervention in business and then intervene and completely destroy not only one business but an entire business industry, something stinks. As we all know, politicians are bought off all the time and that's what happened in the UIGEA case also in my opinion. B&Ms were losing money to people gambling at home in their pajamas and they wanted it shut down or knocked down to its knees so that it could come in and take it over. There's too much money in people gambling from home and they were pizzed off that they didn't have a big piece of the pie. They were too far behind to catch the online companies on their own and needed political help.
Sloth
Sloth
Sorry, can't say. I don't really follow them anymore but I still hold my WGMGY shares since it would do me absolutely no good to sell them. I'm hoping for the ADRs to trade again by a miracle.
I do speak on a private board with some people that keep very up-to-date about gaming stocks. If I hear something there, I'll let ya know.
Sloth
Surprised there's not more dialog here when all these developments happening.
Merger with Progress is gonna be huge.
3 deals with China - Huge!
Duke Energy’s Charlotte Project Highlights Smart Grid Potential
April 5th, 2011 by Trefis Team
Duke Energy (NYSE:DUK) has entered into an agreement with Verizon (NYSE:VZ) to use Verizon’s 4G LTE network for improving energy efficiency in buildings. Duke Energy’s project “Envision: Charlotte” aims to link 70 buildings from those of leading private companies to city buildings and is part of its larger Energy Savings Program. Cisco (NASDAQ:CSCO) will provide the energy dashboards in the lobbies of the buildings. This initiative and others being rolled out around the nation are aimed at reducing energy use in large buildings to improve energy efficiency and smart grid technology.
http://www.trefis.com/articles/45767/45767/2011-04-05
Duke's Global Smart Grid Cities Plan has begun wih Charlotte, NC and Langfang China.
-------------
“I think if we do this in Charlotte first — and we need to find another city in North America, probably two in China or Asia and probably two in Europe — you suddenly see what will be a model for the rest of the nation and the rest of the world.”
-----------
Duke Energy looks to grow new business from Envision: Charlotte
Duke’s efficiency program is start of whole new model
Charlotte Business Journal - by John Downey, Senior staff writer
Date: Monday, October 4, 2010,
Envision: Charlotte is the name of the cooperative effort to dramatically boost energy efficiency in the city’s largest office buildings. But the name of the business at its heart is Smart Energy Now, just established by Duke.
But Davis says hopes are higher for Smart Energy Now — built on the smart-grid technology play and system expertise.
“I think if we do this in Charlotte first — and we need to find another city in North America, probably two in China or Asia and probably two in Europe — you suddenly see what will be a model for the rest of the nation and the rest of the world.”
-------------------
Duke Energy Carolinas gets OK for uptown energy program
State regulators approve initiative that’s key to Envision: Charlotte plan
Charlotte Business Journal - by John Downey, Senior staff writer
Date: Friday, February 18, 2011
Duke Energy Carolinas has state OK to launch its Smart Energy Now pilot. The regulatory move clears the way for Duke to sign up uptown’s largest buildings for the energy-saving features that are part of the ambitious Envision:
Duke Energy will provide an energy-efficiency offering called Smart Energy NowSM that will serve as the foundation of Envision: Charlotte. It will include the digital smart grid infrastructure as well as energy data and insights that will provide greater visibility into the community's energy usage.
http://www.envisioncharlotte.com/
--------------------
Duke Energy, ENN Group to build green cities in China and US
19 January 2011
NYSE-listed power company Duke Energy and China-based ENN Group are set to develop so-called green cities in China and the US in another show of bilateral collaboration between companies in the two countries.
Through the agreement, the companies will create a future energy technology demonstration platform to pave the way to exchange knowledge on advanced energy, building and transportation technologies.
ENN is constructing China’s first smart energy eco-city in collaboration with Duke Energy in Langfang, China, a stone’s throw from Beijing.
The company’s vision for a green city will encompass energy storage, energy efficiency, energy recovery and electric vehicle infrastructure..
http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/energy-efficiency/duke-energy-enn-group-to-build-green-cities-in-china-and-us.html
----------------------
01/11/2011 10:45 AM
Duke Energy is aggressively pursuing smart grid deployments with commercial partners Cisco (NASDAQ: CSCO), Echelon (Nasdaq: ELON) and Ambient (ABTG.OB).
http://www.sustainablebusiness.com/index.cfm/go/news.display/id/21695
They were profitable in their last 3 months from last 10Q (First ever I believe)
NET INCOME (LOSS) FROM OPERATIONS - (2010 3Months) $272,907 (2009 3Months) ($486,161) = Difference of $759,068
Gross margin (2010 3Months) $690,213 (2009 3Months) $4,910 = Difference of $685,303
Couple other tidbits from 10Q:
Revenues for the nine months ended September 30, 2010 were $1,593,216 as compared to $53,254 for the same period last year. The increase in revenue was attributed to sales of our BrightEye and Watchdog products into the military markets.
Increase of 2,991%
Revenues for the three months ended September 30, 2010 were $1,535,329 as compared to $7,157 for the same period last year. The increase in revenue was attributed to sales of our BrightEye and Watchdog products into the military markets.
Increase of 21,452%
Last 3 months revenue accounts for 96% of last 9 month's revenue.
Sloth
No. WGMGY is dissolved. The administrators in England sold off all of their software to other companies. I think the only hope WGMGY has is to have another company use its shell and begin trading. It's really too bad because they had finally turned the corner and were really ready to grow when the U.S. passed UIGEA in 1996. Actually the bill didn't pass, they had to attach it to the Port security bill that passed in the last 1/2 hour of congress. Nobody even read the bill and knew the UIGEA was piggybacking it. The bill on its own had almost no support except Bill Frist and a couple others that were being bought off by other gaming interests such as horse racing and the brick and mortar casinos (ie. Vegas, Atlantic City).
" The registrant undertakes the responsibility to file such annual report no later than fifteen days after its original due date."
From zero volume to 10m today. Maybe JB or other insiders are buying. lol
That would be nice to hear wouldn't it?
Good Morning all,
Sloth
ALWAYS LATE - List of Cyberlux's past filings back to 2006.
THEY ALWAYS FILE. CAN'T SAY THAT ABOUT ALMOST ANY OTC STOCK.
NT 10-K
SC 13G
10-Q
10-Q
NT 10-Q
SC 13G/A
10-Q
NT 10-Q
10-K
NT 10-K
DEF 14C
PRE 14C
SC 13G/A
DEF 14C
8-K
PRE 14C
8-K
10-Q
SC 13D/A
NT 10-Q
DEF 14C
10-Q
PRE 14C
NT 10-Q
S-8
S-8
10-Q
10-K
NT 10-Q
S-8
DEF 14C
S-8
8-K
PRE 14C
NT 10-K
SC 13D/A
SC 13G/A
S-8
10-Q
S-8
10KSB/A
10-Q/A
S-8
8-K
S-8
10-Q
NT 10-Q
S-8
8-K
S-8
10-Q
8-K
S-8
10KSB
NT 10-K
SC 13G
DEF 14C
PRE 14C
SC 13D/A
10QSB1
8-K
8-K
8-K
10QSB
8-K
8-K
8-K
10QSB
10KSB
NT 10-Q
8-K
NT 10-K
SC 13D
8-K
S-8
Cyberlux files the NT (to be late) every time. Why not take an extra two weeks to double, triple check everything. Very smart in my opinion.
Sloth
New Bill Gives Online Gambling Another Chance
By Javad Heydary
E-Commerce Times
Part of the ECT News Network
03/30/11 5:00 AM PT
"Clearly, Americans want to gamble on the Internet, and policymakers need to provide both the freedom to do so, as well as ensure that appropriate consumer protections are in place," says Rep. John Campbell, who introduced the latest bill aimed at regulating online gambling in the U.S. If the new anti-UIGEA bill is passed, it would likely eliminate or reduce the number of state-level online gaming bills in the works.
Everybody Reads All Their Text Messages
Numerous studies have shown that consumers are happy to receive marketing text messages when they are offered an incentive. Urbanbirdy puts you in your customer’s pocket. No obligation free trial. 30 second sign up. Learn more.
The issue of whether online gambling should be legalized is once again being taken up in the U.S. Congress. The Internet Gambling Regulation, Consumer Protection, and Enforcement Act has been introduced by Rep. John Campbell, R-Calif., with Rep. Barney Frank, D-Mass., as a leading cosponsor. Rep. Ed Perlmutter, D-Colo., and Rep. Peter King, R-N.Y., are also leading cosponsors. This bill is nearly identical to the anti-UIGEA (the Unlawful Internet Gambling Enforcement Act) bill introduced in the 111th Congress last year.
The new bill is designed to significantly overhaul the UIGEA, passed by the U.S. Congress in 2006. The UIGEA makes it illegal for U.S. financial institutions to transfer money to offshore gambling websites or to the online payment services those websites use. As a result of the UIGEA, many non-U.S. Internet gambling websites halted their provision of services to U.S. residents.
Regulation of Internet Gambling Operators
The new anti-UIGEA bill, like the previous version, would set up a regulatory framework and create safeguards for online gaming in the U.S. Internet gambling operators would be required to obtain federal licenses from the Department of Treasury in order to accept wagers over the Internet from individuals located in the U.S.
To obtain a license, an operator would be required to have a substantial U.S. presence, and at least 50 percent of its employees would have to be U.S. residents or citizens. Operators that previously accepted wagers from individuals located in the U.S. in violation of federal or state law would be prohibited from obtaining a license. After obtaining a license, operators would be required to
* take appropriate safeguards to prevent fraud, money laundering, underage and compulsive gambling;
* prohibit online advertising targeting underage or compulsive gamblers;
* prohibit the use of credit cards to gamble online;
* prohibit sports betting;
* require players to set financial loss limits; and
* prohibit operators from accepting wagers from persons on a self-exclusion list.
The bill applies to both foreign and domestic operators.
Sponsors Are Confident
Campbell believes that this new anti-UIGEA bill should be passed because the UIGEA has not been able to prevent Americans from gambling online.
"Clearly, Americans want to gamble on the Internet, and policymakers need to provide both the freedom to do so, as well as ensure that appropriate consumer protections are in place," he said.
Proponents of the new bill contend that regulating online gaming will protect Americans from an online gambling industry that is largely unregulated in the United States, as well as contribute to the economic growth of the U.S. by generating additional revenue.
Impact at the State Level?
If the new anti-UIGEA bill is passed, it would likely eliminate or reduce the number of state-level online gaming bills that have been proposed in recent months.
Until recently, New Jersey was set to become the first state to offer online gambling. Both the State Senate and the New Jersey Regulatory Oversight and Gaming Committee had approved an Internet gaming bill. The bill failed, however, as New Jersey Governor Chris Christie vetoed it, relying on the grounds that the New Jersey constitution requires the measure to be approved in a state referendum.
In the meantime, other states such as Iowa, Florida, Nevada and California are considering similar bills. Notably, of the aforementioned states, California's proposed bill is the only one that would permit forms of intrastate online gaming besides Internet poker.
Challenges Ahead
The new anti-UIGEA will be met with fierce opposition from the House Financial Services Committee. The chairman of the committee, Rep. Spencer Bachus, R-Ala., is strongly opposed to the legalization of online gambling. Moreover, the likelihood of the passage of any of the proposed intrastate bills is difficult to predict. Perhaps Nevada, with its more progressive approach to gambling, may adopt the proposed legislation.
Regardless, the one thing that almost everyone can agree on is the need to overhaul the current legislative structure in the U.S. when it comes to online gaming. The only questions are those of timing -- whether changes will come this year or the next -- and whether Congress will take the lead in legislative reform or leave it to state legislatures to fill the void through a patchwork of local laws.
http://www.technewsworld.com/story/72147.html?wlc=1301681502
Flaflyersfan, please add USATrading as asst. mod. It's apparent, you're too busy to update relevant information regarding Cyberlux since it hasn't been done in years.
Sloth
That leaves me out since I'm a freebie and can't PM. That's not completely true either. Some other board put me as an assistant mod and I didn't even want to do it. I had to ask them to remove me. You're not getting a full story on that. You can become asst. mod if you want. You should contact administators. That sounds wrong to me.
Sloth
USATrading, I thought your were going to be assistant mod here?
You changed your mind. It would be nice to have updated info.
I don't blame you if you don't but I was just curious.
Sloth
Thank you USATrading for becoming an assistant moderator on the Cyberlux board.
We really need stuff updated.
Good Luck,
Sloth
rekcusdoo, you just graduated. lol
Sorry that it took so long.
Sloth
Yeah, there's still relevant info in it and I like the 13 cents part especially.
FWIW: You probably know already but on a PDF, if you go to file/properties and it'll tell you the creation and modification date of it. I download a lot of pdf stuff that says one date in the text descpription and another in the doc's properties.
I use a Mac but I think it's under file for PCs too.
That brought me back to the old Cyberlux days.
Sloth
That initiation report is from Oct - 2005. I was there. Hopefully, I get back there.
Sloth
.005 would be better. ; ))
Bust those 2s USATrading!!
30 million strong. lol
Sloth
That stuff has been on there for quite some time. Over a year now. I did check to see when the webpage was update and it indicated today's date but I don't see anything on that product page that looks new to me.
You can type or paste this into any webpage and it will tell you when it was modified:
javascript:alert(document.lastModified)
Sloth
That's because there's a "Good-News" Filter here. Very peculiar.
Sloth
Dang USATrading, you'll be among the major holders if you do so.
Atta boy! Best of Luck to ya.
Sloth
Piccolo® Xpress Features & Benefits
On the spot lab results
The Piccolo Xpress delivers routine multi-chemistry and electrolyte test results quickly and easily in virtually any treatment setting,
* A fully automated system with walk away operation
* Uses a small sample size (0.1cc of whole blood, serum or plasma)
* No sample pre-treatment is needed
* Results are available in approximately 12 minutes.
* The built in intelligent Quality Control meets CLIA and NCCLS requirements for daily control testing
* The Piccolo Xpress delivers up to 24 individual tests including CLIA-waived lipids, liver enzymes and glucose monitoring
* Results are provided in a “hard copy” self-adhesive report or can be quickly transferred to a printer, computer or data management system, enabling physicians to rapidly obtain critical diagnostic information at the point-of-care
Small on Space. Big on Accuracy.
Compact and portable, the Piccolo Xpress is easy to incorporate into your clinical setting, yet provides the precision and accuracy comparable to larger, more expensive laboratory analyzers.
* Small footprint measures 32.4 cm (12.75 in.) x 15.2 cm (6 in.) x 20.3 cm (8 in.)
* Portable and lightweight with carrying handle only weighs 11.2 pounds
* The advanced technology uses centrifugal and capillary forces to mix diluent, reagents and sample in a self-contained, disposable disc lessening opportunities for procedural errors
* On-board intelligent Quality Control system performs continuous QC checks during the complete analytical process to ensure accurate results
* Bar coded self-contained reagent discs are self-calibrating and monitors panel information
* Multi- analyte panel results include alpha-numeric patient information, analyte concentrations, reference ranges, sample integrity indices and QC performance
* Operator security capabilities limit non-user entry
* Peer reviewed studies support performance
* Bidirectional communication USB ports transmit data to external peripherals.
* Stores up to 5000 patient and control results on-board
Easy Operation
The Piccolo Xpress procedure is quick and easy to perform.
* No special operating skills are needed to run the Piccolo Xpress
* Easy to use color touch screen guides the operator through the process
* Flexible alpha – numeric data entry options and analyzer settings
* Self-contained, disposable reagent discs are easy to handle
* Every reagent disc automatically self-calibrates
* Integrated intelligent Quality Control (iQC) checks performance and accuracy
* Requires very little maintenance
* Abaxis provides on-going service and support
* Operates from line or 15-volt battery power
* Direct compatibility supported with USB peripherals including bar code readers, keyboards, personal computers and printers.
* CD Software makes testing upgrades easy
ABAXIS - http://www.abaxis.com/index.asp
http://finance.yahoo.com/q?s=ABAX&ql=1
He's wrong. Misleading you Holter. You know better. No link, no truth. We are SFDA approved already so it's a "GO" once clinicals are complete.
China has attempted to streamline its regulations and align the country with international standards of practice. A set of new drug regulations were introduced in 2002, and in mid-2003 more changes were brought in by China SFDA. While some changes are intended to shorten approval timelines, many introduce obstacles into the approvals process. Changes have been aimed at shrinking evaluation timelines to 120 working days, and from Oct 2007, it will be 90 working days. At the same time, China has adjusted the policy of multi-center clinical trial since December 2002.
Previously, it will take 7-9 months to get the regulatory approval from SFDA, which is one of the major complain of the global sponsor to China is the lengthy regulatory review approval process, however, it will be changed from Oct, 2007. Since the regulatory review approval process will be shortened to 90 working days, so it will bring further opportunities to the global pharmaceutical companies.
http://www.sfdachina.com/info/91-1.htm
Sloth
Yes. But you sound pretty confident so I would imagine these levels are pretty enticing also. Even if it goes down to .0001 which would impact your portfolio value harshly, the stock's ability to rebound off such a low back to this level is fairly easy. Cyberlux has the ability to move quickly. 30 million is a lot of shares and a few ticks up or down makes a big difference in your cost basis.
You bring some good DD here. We need a moderator here that is long-Cyberlux. I didn't want to do it since I probably shouldn't be visiting IHUB as much as I do during the day but I think many longs would be happy to have another long moderating. It's up to you obviously but it's just a suggestion.
Thanks for your input lately,
Sloth
FFF, yeah thanks for that new DD. LOL RegSho does matter. It shows naked shorting of a stock. Twist and turn the facts all your want Mr. impartial moderator but USA Trading is actually posting some very interesting DD.
http://www.dailyfinance.com/company/cyberlux-corp/cybl/nab/institutional-ownership
as of 03:51 PM EDT on 03/21/2011
Total Number of Shares Held by large block holders 134.28 million
Total Number of Large Block Holders 6
Deutsche Asset Management America 750,000 shares
Total % of Shares Owned by: Top 10 Holders 71.05%
What's the loss if Cyberlux succeeds. Maybe RegSho parallels shorters anxieties like those being shown here. It's absolutely obvious that individuals don't want Cyberlux to succeed and like anything else, it's always about $$. So those individuals are trying to profit from Cyberlux's failure. I call it domestic terrorism when a U.S. citizen is attempting to play a role in bringing about the failure of a legitimate U.S. company either by naked short selling or spreading misinformation to deter investors from investing.
Sloth
VERY GOOD NEWS!! ~ March 22nd, 2011
S3 Investment Company Announces Hospital Facilities Involved in Testing for Products to be Distributed in China by Redwood Medical
S3Investment Company, Inc. (Pink Sheets:SIVC) and Redwood Group International, Inc. today announced the two hospital facilities in China that are taking part in the clinical trials for the first product that the company's Redwood Medical subsidiary will distribute in the China market.
The two hospitals participating in the clinical trials are Beijing Hospital, which is operated under the authority of the Beijing Municipal Health Bureau, a government department responsible for the health work of the city, and 309 Military Hospital, also located in Beijing. Both hospitals are currently collecting specimens that will be used in the clinical trials, and they will work together to share specimens. Beijing Hospital has significant experience in clinical trials.
The product that will be distributed by Redwood Capital has already secured State Food and Drug Administration (SFDA) clearance, China's equivalent of FDA clearance in the United States, and can be sold in the country. The additional approvals currently being sought are for reagents that are utilized as part of the product's operation. The clearance process requires certain laboratory testing at a state operated testing laboratory and clinical trials at two hospitals. Redwood Capital has entered into agreements with Beijing Hospital and 309 Military Hospital to conduct the clinical trials on the reagents.
"The Redwood Medical team, headed by Dr. Hal Lemmon, is currently working with the highly capable staffs at each of these medical facilities and have reported very positive progress thus far," said Jim Bickel, the company's Chairman and CEO. "We will be receiving regular feedback as the clinical trials are completed."
Redwood Medical, which represents companies seeking to import Western medical technologies and products into China, has an exclusive distribution agreement to distribute the product in China market, which is seeing increased demand for the best available medical technologies for a growing number of hospitals and clinics in the country.
http://ih.advfn.com/p.php?pid=nmona&article=46972345&symbol=SIVC
I think this will generate some pretty decent revenues for us (I guess we are RGI now (Redwood Group International)). Maybe this little Piccolo Xpress will not only generate revenue but bring some much needed positive attention to Redwood's umbrella of services.
Sloth
I hear ya but I just don't know so I'll refrain from speculating. Hope there's something big around the corner. I searched Indestructible Lights Cyberlux and they've promoted lights are near indestructible but who knows.
I would speculate that it's just people bottom fishing for flipping purposes.
Sloth
Yes. To uplist to Nasdaq. They haven't done it but probably will in 2011. I'm guessing there will be some big news before they do it so that they can split the lowest number to get them to the $4-$5 price minimum (depending on the different Nasdaq listing requirements).
They're looking to get institutional investors which would really help the shareprice as it does with any stock but institutional investors won't touch penny stocks so therefore, the need to uplist.
GL,
Sloth
Abaxis has already received SFDA approval according to an old PR.
DANVILLE, CA--(Marketwire - October 15, 2009) - S3 Investment Company, Inc. (PINKSHEETS: SIVC) today announced that the first product scheduled to be distributed by the company's Redwood Medical subsidiary is the Piccolo xpress testing device developed and manufactured by Abaxis Inc., a U.S. based medical products company manufacturing point-of-care blood analysis systems. The Piccolo xpress product has received approval from China's State Food and Drug Administration, and Redwood Medical has signed an exclusive long-term agreement to distribute the Piccolo xpress device and its disposable discs throughout China.
http://www.marketwire.com/press-release/S3-Investment-Company-Announces-1st-Product-Be-Distributed-Redwood-Medical-Subsidiary-1060151.htm
Sloth
Well, that's 5 days for February and we're at March 15th so that's 20 total days.
Lab tests: "Expects testing to begin" and "approximately one week". This means at least 3 weeks. Probably more like 4. (21-28 days)
Hospital testing: "expected to take two weeks" = at least 3-4 weeks. (21-28 days)
So I would guess between 42-56 days more or less. If we hear something before the end of this month, I would be surprised.
Sloth
Because they're always been that way or, at least, since I started investing in them which is about 6 years. I've been a broken record about how JB doesn't understand shareholder value one iota and it's true. I still believe that shareholder value will occur despite JB's ignorance on the subject.
This is by far the best the company has looked on paper in my 6 years. It seems almost inevitable that the company will become very profitable and despite JB's ignorance, the pps will start to reflect the progress made. The name Redwood should be getting out into the investing world through "word of mouth" eventually. Maybe we get so profitable that JB goes crazy and hires a smart PR person to attract investors.
This company seems like a good candidate for institutional investors although they won't touch an OTC stock and God forbid we have to RS to uplist to attract them. This would be a good thing if done correctly but since JB is so ignorant on the subject, if we don't have someone really knowledgeable helping him out, I think he would screw it up. The pps would have to at least increase to over a dime before doing an RS.
An RS is risky to uplist unless you can maintain the minimum price and other requirements so we would have to be damn sure we could maintain it. That's very forward thinking but that's how the shareprice would really take off. Any stock book will tell you that institutional investors make a stock really move. Otherwise, it's a bunch of people like us nickel and diming it upwards.
All my opinion,
Sloth
It should be soon but we lost our "current" status and are "limited" now. It's been that way for a while so maybe they didn't file the last report. JB at his best at staying on top of things.
Sloth
S3 Investment Company Announces Attendance at Rodman & Renshaw Annual China Investment Conference
S3 Investment Company, Inc. (Pink Sheets:SIVC) today announced that its wholly owned Redwood Capital subsidiary attended the Rodman & Renshaw Annual China Investment Conference held from March 6-8 at Le Royal Meridien Shanghai in Shanghai, China. Redwood Capital brought one of its recently signed clients to the event, which included a presentation by China Infrastructure Construction Corp., a Redwood client that is now traded on the U.S. Over-the-Counter Bulletin Board market.
The Rodman & Renshaw Annual China Investment Conference was expected to attract 150 presenting companies and over 1,000 attendees, including institutional investors, venture capitalists, sophisticated private investors, industry executives, business development executives, and private equity firms.
A new Redwood Capital client, which operates in the clothing manufacturing industry, was taken to the conference for introductions to funds and institutional clients in anticipation of an Initial Public Offering and a first round of private financing. Redwood Capital reported significant interest in the company's proposed private equity round.
Included in the past Redwood Capital clients that were in attendance and presented at the Rodman & Renshaw event was China Infrastructure Construction Corp., a provider of ready-mix concrete headquartered in Beijing. China Infrastructure Construction Corp. made its presentation on Tuesday, March 8, 2011 at 3:40 p.m. local time.
"Redwood Capital has attended previous Rodman & Renshaw events in China, including last year's conference, which I was able to attend personally," said S3 and Redwood CEO Jim Bickel. "These are very important networking opportunities for both Redwood and our clients, especially as we move forward with IPO and financing efforts for recently signed clients."
Sloth