is too big to fail
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DTSL ask falling; NITE has finally moved to 0003. Looks ready to go with some volume coming in.
0002 x 0003; 12 x 2
LOL....I assumed they were just trying to get the gorillas to relax.
DTSL ask falling, NITE moved to 0003. Looks ready to go with volume
LOL....UBSS took NITE's place for about 3 minutes then changed his mind.
Whenever NITE moves an uptick is never far behind.
Being a Friday though, it's not likely we'll get the volume we need to bust the rest of the 0002s, but you never know.
You do realize that a company can't just arbitrarily decide which revenues to report and which not to, right?
I also just noticed from the report that despite claiming net income of $232,000, it doesn't show any income taxes being paid.
Maybe that shouldn't surprise anyone...
Not to split hairs, because I don't particularly believe any of those sales numbers, but $950 million of the sales were supposedly attributed to Potencia products and Piranha Water (please stifle laughter...), so the "relaxation drink" revenue was only about $540 million.
By the way, how exactly does a company incur only $300 in shipping charges for $1.5 million in sales? Especially when the products are primarily available online only?
Maybe Brian and Daisy do the deliveries themselves in the truck when not racing...
Looks great, as does the MFI and accum/dist line. Watch for the upcoming pSar flip also....
I think any sustained volume will get rid of the rest of the 0002s, and I don't think the 0003s will be as thick as you might expect.
Of course, we probably need news from the company to get that type of volume, unless a group decides to push it.
all imo, of course.
Maybe he's reporting that number in pesos from all the South American sales....
CSTI moved off the ask, NITE and ETMM remaining at 0002.
Just need the company to throw us a bone now to hit 0003+ imo.
Until then we wait.....
EDIT: sigh.....CSTI back at 0002
i through my back out on the bike in the dessert 8 days ago
Well that's what you get for trying to bike through baked Alaska....
I have a but feel we might see news this week.
ewwwwwww.........
DTSL volume heating up; 2 left at 0002
Sellers gone; next bit of meaty news should be just what the doctor ordered.
Are you on the right board?
The only chance of a 0001 ask is if it goes no bid; I don't think you really want that, now do you?
Lots of traders/flippers picked up 0002s on the bid a few weeks ago looking for the quick 50% at 0003; the 0003s never hit.
My guess is that the hundreds of millions that would have been for sale at 0003 are now for sale at 0002, because flippers hate dead money and would much rather get out even than just sit.
Thakfully they're not willing to take the 50% haircut and dump at 0001 either.
I think what you saw yesterday (I hope...) is perhaps an individual (or group) loading up in advance of either news or a momo push. There was really no other reason for the increase in volume.
all imo...
DTSL ask falling, one left at 0002
NITE is the only MM left at 0002
lol....if I only knew.
But seriously, 2012 is a long way off. If somehow they did hit $23 million revenue though you're looking at .01++ easily, even with the current share structure.
Obviously there's a boatload of "ifs" to have to come true between now and then.
The most recent PR on 1/12 projects a far more realistic $23 million revenue for 2012
http://ih.advfn.com/p.php?pid=nmona&article=45981599
Regardless, it's a big number, and if they come even close to their 2011-12 projections we'll all be sitting pretty.
Could really use some news about now though.....
The only way they could pay for a promo is with shares, and at the current prices it would take a boatload.
Then all those shares get dumped into whatever momo the promo happens to bring, and the price doesn't go anywhere.
Then everyone starts screaming pump-n-dump.
Promos only benefit those looking to sell the stock. Why should the company pay for a promo just so guys like you can bail at 0003?
Keep with the business plan, release solid news when they have it, release financials, and keep churning through 0002s and 0003s. That's the only way the price is going to have sustainable growth.
all imo
Some ****weed with a few free trades in his account is just messing with us.....or someone with 0002s for sale just keeps dropping 0001s, because that always causes someone to follow up with a buy. No one likes looking at that 0001 for long.
Next piece of solid news and all the bs stops...imo
Wow
I missed an entry at 0.079.
I kick mmyself in the nuts
0002 x 0003; 4 x 6
Being one of the largest MMs, NITE is usually one of the last to move before an uptick, so we'll see.
Still needs a lot more volume than we've been getting.
DTSL ask falling pm; NITE moving to 0004
Interesting...NITE just moved to 0004 pm after opening at 0003. Premarket L2 usually doesn't mean much, but let's see if he stays there
With a descent PR, that wall will fall fast!!
Wouldn't a descent PR cause the price to go down?
It's supposed to be the minimum number of shares the MM has available for sale, or, depending on your L2 platform, a divisor of it (i.e. "50" might represent 50,000)
In actuality it means nothing in the pinks, it's really only for big board stocks.
You weren't talking about two days ago, you were talking about today.
Obviously you're going to assume that every sell from here on out is dilution, so there's really not much point in discussing it any more.
Yeah who exactly would sell 2s?
Think about it for a second.
You might want to do a little DD on MMM*'s history before taking sides.
Your post is marked.
So a CEO who dilutes in order to raise capital for his start-up company is a scammer?
Really?
Now if you have any proof that the funds raised went to anything but building the company I'm sure we'd all be interested to see it. Until then, maybe we should chill on the "scammer" talk.
Not to mention the "role" out and the "actractive" counter top.
yikes...
No doubt. Well placed greed can be quite profitable. I'm thinking a little greedy on this one myself...
LOL...you can add "greed" to death and taxes as sure things in life (and penny stocks)
Could be, but the funny thing about these pennies is the greed factor. If volume starts pouring in at 0003 (waaayyyy more than currently), some of the 0003 sellers will start thinking to themselves "Hey, maybe I can get 0004...", and so on.
The daytraders and flippers (the good ones at least) will take their 50% gain at 0003 and move on to the next runner.
Lots of other people will hold for higher ground.
It all depends on the volume flow.
all imo, of course.
Oh darn, now I just don't know who to believe.....
Maybe you shouldn't believe everything that's written on this board and do a little dd yourself...
You may have missed this part, which says that the company is in fact not "alive and kicking" but essentially "dead and buried"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58614901