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Why next Tuesday? Did I miss something? Results to be announced, new contract signing?
How did it fall from a high of 0.95 to a 0.01+ & even subpenny? What happened? Too many MMs dragging this down & we have to play their game?
mike306oh, care to explain why PPS would go up based on revenue, buying up competitors etc?
How can this company do well when the whole real estate sector is in a downward spiral? I am trying to see something positive here as I would like to buy in but the subprime mortgage crisis does not help the PPS. Or am I wrong?
Some mortgage brokers have gone bust. This one is buying up some competitors? Where is the money coming from to buy those competitors? Releasing more shares into the market?
Anyone any answers?
I read in the news that the property market in China is slowing down, won't this affect INBG?
How will it make a profit in the 1st quarter of 2008 as stated in news release if no new contracts are forthcoming with the property market slowing down, whom can they sell it to except to construction companies who have few contracts in the coming months?
Would like to buy some shares but hesitant as China is facing a property slowdown.
Has anyone bought 1 million shares @0.001 & sold it @0.01 as it went up to 0.01 recently? That would make a profit of 10K. Doable?
Noticed the volumes did not reach 1 million in the recent past when it hit 0.01 so would it mean that it would be Difficult to sell 1 million shares @0.01?
Will this exist as PAVC or under a new ticker symbol when merger takes place? Also, if preferred shares are priced @0.65, does this mean that currently its Undervalued & there is the potential to leap up before Jan 08?
What happened to all the news releases? Its all wiped out on this site as well as on finance yahoo? I cannot get any detailed info. Any archived articles cos the links posted above don't work.
Is this board dead? How did the PPS fall from 0.50 to 0.006? I thought gold was rising like crazy but this is just not happening. No revenue reported in its latest FY so still digging for that elusive gold?
What do the rest of you see in this any prospects? Apprehensive about buying into this, at least its not PK.
How would the China deal impact upon the PPS in 2008? Any ideas? It hit a high of 0.11 in early 2007. Then fell what happened?
Would like to buy in but any skeletons in the closet for this?
In short, you think this company is scam? I noted that it had a high of 0.41 in Sep 07. What happened that resulted in a sharp fall, the merger issue? New to this & contemplating buying it but wary of it since its PK & the scam attached to it?
New to this thread. Is King on the up &up? Rather apprehensive with PKs having been badly burnt with several. Is the PPS the low of the lows in the 0.001+ or MMs still have some way to go?
Is it an aberration that PPS is rising in response to central banks action to shore up credit crunch around the world such that oil price is going Up again & KING benefits from it? Is it sustainable?
What other PKs are in same activity with this around the price range of 0.001 to 0.003?
Am I a daydreamer to say that I can make about $200K if I buy 1 million shares at 0.001+ if it comes back to that level again & sell it at 0.20 hopefully in about half a year? Or do I need a reality check? Yes I know I'm skeptical cos PK is a hard play when you lose money more often than winning.
I don't know how u do it but I stopped buying this in 2005 after it tanked & am still holding it. I guess you buy & sell when it goes up to 0.002 -0.004 correct?
That's why the PPS went up becos Joe, CEO, took the trouble to do the PR spin. Now his lame excuse is that it will jeopardise SEC rulings. What crap is he spouting? My only guess is that Joe knows the company does NOT have deep pockets & he DEFINITELY has trouble getting loans from banks now with subprime crisis still unravelling. Banks are very reluctant to lend now. Which means they will sell their soul to the devil, Cornell Capital again & bring this PPS even lower. Do NOT do that Joe, its hurting us the shareholders.
That means the Florida deal may be OFF. I think the first thing they should do if they have any common sense left is to DROP that damn homeland security thing. Its not worth it.
Go to China & hunt for a co-partner to jack up their Pacific Rim trade. That would be the primary thing to do.
Just shows how Joe sees us the shareholders, the invisible lot, who are not worth his attention & advice.
We TOLD YOU SO, JOE!!!!!!!
Something fishy going on at the company. Defaulted on lease payment, then decides to buy into another logistics company?!!! No bank would lend them money that's for sure! Oh come on, Joe, DO something that will bring this PPS UP!!!!!
Acquisition leads to PPS dilution. Cos they need money to finance the acquisition. Where are they going to get the money? Cornell is the easy outlet. So, end result PPS plunges again & again etc. If they approach banks, will they lend given the current scenario of subprime mortgage crisis? I doubt that the banks are going to be generous. My gut feeling is that they have been turned down by the banks.
So, CRGO might end up floating more shares & once again with the help of Cornell bring the PPS way way way down. Still holding on to my shares since 2005, one of the oldies here. I am so tired with this Joe CEO who has no interest in increasing shareholders value. Can't he see that increasing shareholders value would also benefit him in $$$$$$$$$$$$?
New to this company. Why the low PPS? Too many debentures? Wise Buys a burden? Cornell the problem?
I doubt Cornell problem would go away so easily. They have been around since 2005 when CRGO bought into Champion Lyte. I was there right from the beginning in 2005. Bought in too high at 0.025+. Never hit this price again. Sure, I can sell it now but that would be a HUGE LOSS. I had so much faith in this in 2005. But for some reason CRGO touting itself as a China play did not materialize. Other stocks that I have bought into with the China play PR soared & I did make a good profit.
For some reason or other, Joe's management is very PR SHY. I just DON'T get it. Why can't they have more PRs like progress reports on how things are doing to whip up the PPS. I keep seeing other China stocks soaring but I don't have any more money to buy into yet this stock with a potential just fights shy of issuing any news about its Far East trade. Or is the Far East trade dwindled?
As for their homeland security thingy, I just wished they DID not meddle with this. Do a good job of their logistics & work towards increasing shareholders value of PPS before embarking on some risky device. Technology outpaces quickly. By the time its developed, some other company with huge capital would have done a better job.
So this is my rant. I am still waiting for this to soar. How high? I don't have any faith in this anymore seeing how Joe manages this company.
The "ten bagger might follow"! Are you on some drug induced state to say that! They probably would need to do a RS to achieve that. As far as I see it, it may not even move beyond this miserable sub-sub penny stage.
Nothing has changed. Just curious as to why its still trading!
Who controls this company Now? Its still trading so who is behind it now?
Puppman, what is the latest on their litigation case? Can I also assume that all biz activities has ceased? Are they now facing bankruptcy? Not been following this for long.
I told u so!!! But, the cult of Jim Plant was too strong. When I said that the PPS will only go to 0.05 by June 2007 predicted sometime late last year, I was slammed! Can u imagine the big hoo ha if I posted instead that this scheme was a fraud, I would probably get banned!!! So much for blind faith when posters could not even say a single bad thing about Jim Plant when we had the gut feeling that it would not have a rosy future.
Well, on the bright side, perhaps u may want to consider forex trading which brings smaller but more steady gains than stocks. I get better gains on forex so I'll stick with it after seeing this go so badly!
Pro Bono Class Action Lawsuit, volunteers needed? Valid reasons to initiate it now due to fraud!
Yup, hope this will go up above 0.025 before end of June 07. I am just so damn sick of holding on to this!!! Can't sell cos I will make a big loss. Still think they are better off sticking with their core biz, logistics. Doing homeland security is sure way out of their league. I have this gut feeling that their 60 day marketing with port authorities might just come to nothing!! This will then surely & quickly depress the PPS so low!
Obviously, you have NOT done yr research. They bought into a beverage company to get themselves listed in 2005. I bought this at a high of 0.027 in the last qtr of 2005. Ever since then, it has gone down & down. Two years ago in Nov or Dec 2005, CRGO has been singing the same song of "I want to go to China blah blah..." All they got was Vietnam, OK I'll give some due credit here at least they got a secondary player in the Pacific trade. But, what's irksome about them is that instead of developing their core biz in logistics, they have gone on to diversify into homeland security. I bet those shareholders like me who bought into this in 2005 are in the same boat, we can't move, unless we are prepared to sell at a HUGE LOSS. Mgmt is not interested in increasing the value of this company. Instead of relentlessly pursuing the China deal, they just lah lah lah & said oh well, we'll see & plonked down money for marketing homeland security instead!!!!!
Time & again they keep saying that they want to seal the China alliance with logistics companies there but they fail to live up to its promise. They did this 2 years ago, they are still saying the same thing, so what's new? Nothing as your aspirations for its PPS to up will come to nothing. I would have preferred that they stick to their core biz of logistics, moving into the homeland security biz sucks big time when they can't get the wheels of their logistics biz into full motion. Besides, there are too many homeland security biz offering similar products in an over saturated market. No way are they going to go anywhere with that security product!!! Just browse on OTCBB & PK & you'll know what I mean.
If they really mean the best intentions for its shareholders, I would suggest they get their butts off & work damn hard to seal the China logistics alliances shortly cos its been a VERY LONG 2 years that they have been going on & on about this. Its all lip service to me!
OMG! Earnings per share of $.000125! Am I reading it right? Such a dismal value?!!! Its sub-sub-sub penny!!!!
AF, We wanna have AF! AF, We wanna have AF! AF, We wanna have AF! Sometime in 2010 perhaps!
Cld you elaborate on the certification process as I can't find anything in their PRs about it. China thingy is still not happening & the MMs intend to wreck this again & again.
Yeah I'm back. I just woke up when it hit .02+ again. OK, so my prediction went awry. In the meantime, I'll just wait until they get those big guns in Europe to sign on the dotted line. When you have traded in one too many PKs you tend to be a skeptic rather than a long term believer. Short term is still OK but long term tends to stretch a bit for me. Will wait & see how this pans out by end Dec 06.
The only way this will shoot up to the moon is to break out of its niche defence market here & expand overseas with a top notch global client. I just googled "flash drive china manufacturer" to see how CKYS products would compete against its attempts to sell to European clients like Nokia, Ericsson, Volvo. Refer to CKYS's press release dated 21 Sep 06. I found lots of made in China flashdrives here:
http://www.globalsources.com/manufacturers/USB-Flash-Drive.html
Nokia has a huge manufacturing base in China & I believe a global procurement unit that buys in huge bulks to gain the lowest price with the best quality. How can CKYS compete with those made in China flashdrives???
I have no doubt that CKYS will remain a niche player in the defence market here as its a mandatory requirement for the defence forces here to procure items made domestically for security reasons. For this, their revenue stream is stable up to a point.
To go further up, they need to clinch the Nokia, Volvo deals by competing with the China manufacturers. It will be an uphill task.
Huh? .10 will come in a week or so? I doubt it, its trading sideways for quite some time & will be still. What made you think .10 will come in a week. It was a sheer struggle for it to reach .02 about 2 weeks ago.
Zilt, don't need many aliases, I DON"T HIDE like others. I take punches. Its a democratic society!!
Well wait & see for yourself. As they say, seeing is believing!
Are you saying in short that this company's activity is nothing but a scam?
Nah, don't think so it will ever hit .25!! What I meant is that it will only go to the max of .05 after dipping & rising a few times before it hits max .05!
I have been asking this question for a long time. But lots of forummers here think it should. If you say the negative, lo & behold, they try to flame you. I'm trying just to put some perspective here most of the time, having seen PKs crash, the most it can reach is probably a .05 by mid next year & still remains my prediction. Hope to sell out before end of this year.
BS deserves an Appreciation Award? Oh come on, who is he trying to kid? As a shareholder & still holding on with the PPS being massacred left, right & center, BS deserves a whipping by the shareholders!!!! The audacity of making his Asian employee award him!!!!
Class action lawsuit? Is that what you are thinking?