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if that happens and the company wakes up a little than this will fly but 1st we need to get some volume back in here. hopefully they let us know whats going on sometime soon.
im starting to wonder if their even going to do a rs here, this is from the 08/22/08 sec filing "NOTICE IS HEREBY GIVEN that the following action will be taken pursuant to the written consent of shareholders holding a majority of the voting power of the outstanding shares of stock of the Company dated August 22, 2008, in lieu of a special meeting of the shareholders. Such action will be taken on or about September 12, 2008"
still no action has been taken so it might get intresting if they decide not to go ahead with the rs because that news is what drove the stock way down. well see what happens
It looks like they updated their website, I wish they would give us some news. It would be easy to go up from these levels if they did.
This thing looks like it wants to fly, the mms are trying to get shares cheap for some reason. Some wierd stuff is going on in level 2 but well see what happens.
Hi does anybody know the official outstanding share count here. Also has their been anything about a reverse split here. Im thinking about buying some shares but wanna do some dd first. Any help is appreciated, thanks in advance.
WOW they took us down 40% on 800 dollars worth of trades. MMs playing very shady games!
Hey the 10Q was interesting to me and overall pretty good for a stock trading at these levels. The post before me pointed out the bad but that was already discovered in the sec filing from 2 weeks ago. If they reverse that decesion I feel like we will sky rocket but thats another topic. The most interesting thing to me was this about the manufacturing facility in the Philippines. "On December 24, 2007, the Company through its wholly owned subsidiary, Inrob Philippines, Incorporated, entered into a Manufacturing Agreement with CP Communications Services, Inc. (“CPCOM”), a Philippines corporation located in Makati City, Philippines. The Agreement provides for the lease of the use of CPCOM's premises on a full turnkey basis. Under the terms of the Agreement, CPCOM is committing to manufacture, and the Company has the right to order products with a total value of up to $28,500,000. In order to secure this right, the Company was required to pay to CPCOM the amount of $2,950,000, of which $1,000,000 was due by December 31, 2007, with the balance due and payable by March 31, 2008. The Agreement will remain in effect for an unlimited period of time. However, the Agreement may be terminated by the Company at any time for any reason upon ten days prior notice without refund of any amounts paid to CPCOM. As of December 31, 2007, the Company had paid $980,000 to CPCOM, which was considered as satisfaction of the $1,000,000 obligation. As of March 31, 2008, the remaining amount due of $1,970,000 was paid by the Company to CPCOM. As of June 30, 2008, the total non-refundable deposit paid to CPCOM amounted to $2,978,000, and was classified as a manufacturing deposit in the accompanying consolidated balance sheets."
To me this shows that they are expanding their business and capabilities as a real company with long term goals but we will see what happens. With any positive news this will go up big time.
Hey everybody I just seen the 10Q, it was released today. We had some good buying so im guesing it was good. Im gonna review it and then get back on here and post later. Hopefully this thing starts rolling, I need .0025 to break even. I still got a little to go but hopefully we get going, these stocks move fast with some momentum.
Thats an option but I still think this is way to undervalued to sell right now. I know this might sound silly but with any positive news this will take off and then you never know what could happen. Im willing to wait it out and see what happens.
Yea I seen that, thanks for clarification. This stock may never move, my average is .0023. I invested a little too much in this stock, hopefully they can do a 360 turn around.
We got a new filing today, the thing that really gets me is this
Ben-Tsur Joseph 428,500,004 (1) 54.8 %
From the july 25 sec filing and that # is as of july 24, 08
He owns alot of shares to just let this totally tank, i think their is something more here but well find out. Im willing to wait and see.
My level 2 is not working in real time, who is selling?
Ask him why they have not released a pr in over 4 months? Also do they plan on doing any type of rs and how is the philippines manufacturing facility comming along?
Please let me know what he says if you get to talk to him. thanks
I own alot of shares here i bought in before the 1st run here and added on the way down hoping this would be the next runner but trading has totally died here. Only way we really move is if we can get some news here and I hope we do so we can all make some money but well see.
I hope this stock can recover soon, we need an update from the company about whats going on. I believe any news would push the price in an upward trend. The company needs to their part and the buyers will come but im starting to think they dont really care about the investors too much. Hopefully im wrong!!
They are back to playing games with the bid, their trying to scare out some weak hands for dirt cheap. I think they will be able to get this bad boy moving again, all we need is some attention. When this stock starts moving upwards its gonna be fast, hopefully they get us some attention without crushing the price too much more.
I agree, im still here too. We need some momentum badly, news is needed
Yea I believe will all be happy soon, etrd seems to be retail in my opinion. The mms are trying to keep it low to pick up some cheap shares cause this will eventually run its just a matter of when she will take off.
Yea im still here but now im really loaded up lol. Its been trading kind of wierd today but well see what happens, let me know if you get back in. Ill be here, have a good day.
Hey Dream are you gonna get back in this one or you still on the sidelines?
No sellers left, everything going threw on the ask. We could have an interesting end of the week here.
Yea I seen that fake up tick trade go threw yesterday at the close, they wanted to make sure that this was red today so they could scare people to sell their shares cheaper. When this starts to run it will run big because of how little it takes to move this stock. If the company was doing their part wt pr than this would easily be over a penny. Hopefully they release some news soon about the facility being completed in the philippines "Under the terms of the agreements, InRob has the capabilities to manufacture products with a total value of up to $28,500,000." Thats only in the Philippenes facility. Thats huge for a stock at these levels but well see what happens. Im staying for the long hold on this one.
I think well go up tom based on the way we finished the day, plus I had in an order for a long time at .0018 which was never reflected on the bid. The bid stayed at .0017 and .0016 the whole time when I was at .0018 so I think mms might be playing here. It took a while to get filled too.
Yea im doing the same thing but now all my money is tied up lol. Hopefully we will all be celebrating soon. Hold tight and the buyers will eventually come.
Where has everybody gone?
The volume totally died today, I think we need some news soon to get her moving. I do believe this stock has major upside potential if the company plays it right but I am disappointed because I thought this was going to be a great week for this stock but I guess not.
Buy now before the close or get left chasing this one back up tom!
This is a great entry point, this will bounce back tom and I believe if we get any news this will sky rocket. It goes up quickly so hopefully we turn it around tom.
Im still holding dream but this does not look good. I havent been watching it today but it looks like they moved it down on light volume so im thinking this will rebound for sure.
We all need to be patient, we will get her moving!! Their is very few sellers at these levels, once the buyers come this will fly. It is just a matter of time.
I honestly expected it to go higher but after the way it opened I knew it would come lower. They need to try and scare out some weak hands to get ready for the run. Remember this stock was alot higher a couple of months ago and with buyers should move back to respectable levels. This stock moves up and down on very little volume so this should move back up soon but the ultimate goal is to move to much higher levels than these. Hold your shares tight!
I agree, this is a good area to add more shares!
Hold on tight, their gonna try and make it fall. Mms playing wt the bid and ask, they are gonna try to take advantage of any profit takers at these levels.
lol I hope your right!!
We need some buyers to come in and this will fly, people are waiting hoping it will drop but hopefully it doesnt.
No profit takers yet the gaps just not being filled. Dont worry once they start buying the price will move higher.
Good morning!
Like Dream said lets do it.
Same to you itsbec
Hopefully we get this past the resistance levels on monday and then it will be a great week with or without news. Good and safe weekend to all.
Have a good weekend dream, see you on monday! Everyone else lets keep the momentum going, its time for me to get back to work before i get fired lol
I agree with you, we havent seen anything yet. This is just rebounding from earlier in the week, we need to break the .0035 resistince level on monday. If we gap up and open above that level than we could really see a huge day and hopefully a very good week. We will see though.
The gap will be filled on monday and we will go higher. We might end at the hod though which is a really good sign for a friday!
They always do this with stocks that have good potential, if we fill the gap before the eod than this will be on fire next week!