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How about March 3, 03:37:30? That would be 30 seconds after 3:37 am.
PS. Why in the world did you go through all the mental contorsions regarding am/pm noon/midnight?
Why don't you just use Standard (AKA Military) Time, which is based on a 24 hour day? 24:00:00 is Midnight (end) of the previous day and 00:00:10 is 12:00:10 am for the beginning of the next day.
Did they clear out all the news from the log you posted about a month ago.
If so, I do not view this in a very positive light.
I have found one place to find news form 2002, but I am afraid to post the site for fear that they will clear it out also.
My02cents,
You have a home here on IHUB for as long as we can entice you to stay.
Your many hours put into hard work and DD is noticed by many.
Please do not let others' attitudes toward you interfere with the remarkable talent you share with so many shareholders that greatly appreciate the efforts you put forth to help figure out this mess of a company.
A revision has just been released.
"potential" 75% increase in revenue projected, and $7MM in revenue was reiterated for Healthcare.
Fircracker makes a whole lot of sense here.
NMKT share price does not go down just because the market is unreasonably punishing it or because there are manipulators that don't like it, that are killing it with OTCBB market dynamics. It goes down on what overly positive longs think are great results because the company still misses on what it has promised the investors. The longs keep saying that they cannot believe that this company is trading at these levels for the results they have shown over the last year, and they erroneously attribute this to OTCBB market dynamics and think that a switch to a different exchange like the AMEX will alleviate this. However, they always forget to look at the plethora of promises and projections that the company has not met. It does not matter how good the results are when the overall impression that the company puts out is that you cannot trust what they tell you about what they are doing and planning on getting done. This misrepresentation also clouds the supposedly "Excellent" performance with skepticism, making people wonder if those numbers are really as good as the company says, or if there is something the company is hiding that will come to light and show that in reality the performance was at much poorer level than what the company originally led investors to believe. People begin to question whether there is some little nuance of the way things were done that dampens the performance and that was not made easily obvious to those who are overly hopeful that things are going well.
Notice; being led to believe something and not having it happen can carry to EVERY aspect of what you present to people from then on, even the positive growth in revenue numbers that missed the projected numbers you expected. You question what they are really doing with those revenues when they cannot meet the step by step promises????
Excellent input, Firecracker.
You have that exactly right, Streetrod.
I would like to buy more NMKT, but everytime I start to buy, I tell myself;
Now wait, you do not have any information on how this split will be done and how many shares you are going to be losing, why the hell buy now with all this uncertainty and potential for a cut in the shares I purchase. On top of that, I remind myself: you know there is a 90% chance that the stock price will drop at least another 10 to 20% once the split is announced, at which time you can buy more shares for your money than if you buy now.
So, I promptly remove the order and sit and wait.
The deeper problem is, I have now found a couple of other stocks that are of interest, so now my money gets tied up in those companies, and I lesson the likelyhood that the money is here to support NMKT when the push would be of some benefit when they are ready to move.
Because of this kind of thinking, the company is continually losing out on potential investment dollars. Every day they wait to make a decision or delay achieving a goal that needs to be announced, they are losing investment monies to other companies that are doing something SUBSTANTIVE (not just fluff PRs with more promises that may or may not be met, and POTENTIAL for success, that may or may not happen), to instill investor confidence.
OT- I thought I had read some of your posts on another board. I must have gotten you confused with someone else. We certainly welcome all your analysis and input here - great to have you posting on IHUB. It really is a nice community of investors/traders.
I also thought I remembered you saying that you usually invested in higher priced stocks, and that NMKT was one of your first OTCBB stocks. (And that once you sold NMKT, you would not revisit the idea of any other BB stock, lol).
You do not normally invest in stocks above $5 either? - Too bad, I was hoping you could also be one to contribute ideas regarding some of the stocks trading at higher prices.
Please check your PM
Thanks for the welcome.
Yes I am aware of the Reverse Merger and how tenuous these are 95% of the time. And yes, I am aware a RS is imminent - this is the biggest cocern I have. Because of the upcoming RS and subsequent fallout, I hate to say it for you longs, but I am merely in this for the short term - say a month or two at the most. After I see the results once the dirt settles subsequent to the Reverse Merger, I may revisit to see what potential this may have.
I just bought 100,000 shares @ .113. You can see my buy there on the ticker.
Wish me luck!
When does the ride start?
I think PV is trying to help with the lift the moral of his shareholders here.
So, do you think they have bought in the previous week, when the price was in the 20's? I think a form 4 or something has to be filed within 24 hours of the first transaction, I'm not sure.
I do not think they HAVE to buy any at all, they just announced their intentions to do such. However, that would not bode well for their credibility here, and I honestly believe that the damage to their credibility in the last year is why this share price is in the 20's and having such a hard time getting out of them.
I don't thiink PV would be stupid enough to give us a shot in the arm and then not follow up with the booster (making actual purchases).
Thanks for the help.
I guess technically it is not a company stock buy-back program. Rather, it is the Management and Founders purchasing on Open Market. I guess a stock buy-back would be the company using funds from the company to buy shares back.
Just did not want to be misrepresenting anything here.
Still GREAT NEWS either way you slice it.
PV just announced a STOCK BUY-BACK plan!!!!!!
Yeah! Go Phil! Now that you announced this, I will stay long for as long as necessary. I will have to sell some within the next month or so, and if I have the funds later, will buy those shares back as appropriate.
I sure wish I could find a way to copy these links from the Schwab trading platform, but they do not copy. Sorry guys!
Those that are adept at finding things on the wab will hopefully post this new release for everyone shortly, so you can all read the good news.
Accurate points, thus PV needs to be more honest with himself and map out his time and potential goals more accurately until he does get more people working on the goals of the company.
Tell us, I am the only one that can do this so it will take me x amount of time to get this accomplished, and leave himself some wiggle room for things that happen that distract from the time he can be working on said goals.
My02 is being sarcastic in post #3345.
My02, I usually agree with you on most of your thinking, but on your post about suggesting PV should just manage the business and ignore the shareholders, I think you are 90% wrong. If PV treated us the way you suggest in that post - I would sell and never buy another share until he did respond to many of our concerns. I do not like a director having the attitude of "Hell, invest your money in my business and let me run it the way I want, and I have no care regarding your concerns and frustrations about what I am doing with your invested monies".
I hear so many posts from other longs that say "You own the stock ... you are down, and you are going to continue to bash it until it gets back to .45. I would guess that this might not be the best strategy for you to follow.... bashing it will only help to bring it down or at least cast doubts to potential investors."
Why in the world is this considered bashing and not honestly letting management know that you are unhappy about certain concerns they are not taking care of? Are longs not allowed to expect management to meet committments and express discontent when they do not?
For some reason, longs never imagine that posting frustrations about how poorly things are being done, is those longs' method of holding the managements' feet to the fire. They want management to receive feedback of how much the shareholders know the management is not fostering confidence in their management tactics. Oh yeah, we can e-mail them, and it gets ignored or we get a bunch of hand holding words which do not have to hold any water. We can call them, and we can get a head full a words which do not have to hold any water.
The only way we can communicate and let the company know publicly about how confused we are, or unhappy we are about what they are doing is to communicate publicly with the company on the board, if they should choose to read our concerns, and hope that the company will eventually address those concerns in a better manner. OR often we are wrong because we have missed something and another, more intelligent or skilled poster can set us straight so that we can then feel more comfortable about our investment. In this way, we all help each other out for the better of EVERYONE, including the company.
However, longs just sitting still and praising the comapny endlessly, hoping that they will soon see a rise in price due to what they all HOPE the company may get accomplished is merely a bunch of fools sticking their heads in the sand. I cannot stand watching idiots stick their heads in the sand, refusing to discuss true negative concerns because they are afraid some other potential co-investors might also get some information about those concerns. Idiocy, and total lack of concern for other people who might get stuck in a bad investment also. I think we should all be here to help everyone see ALL SIDES, both positive and negative about what this investment might do for us, and I think management should feel it necessary to know what out sentiments are. -- READ THE BOARDS and be aware of why or why not people are putting money into your company. RESPOND publicly to us so that what you say can be on public record so that we can measure the integrity of your promises. Only this will cause management to measure themselves more aggressively as to whether they are meeting or falling down on what they are attempting to achieve for the company.
I like you My02, but I think you couldn't care less about that statement, and I suspect you have a very stoic side to you. You are probably one hell of a negotiator, and probably quite a puzzle to try to work with (this comment is in response to the post you made back to the person who brought up exponential numbers with splits vs straight split numbers. Your response to that poster really shocked me - I did not expect that reaction of you. I think he was just trying to help everyone out with the numbers and not be a pain in the ___, as you stated. He helped me with the clarification, and it took nothing away from the level of respect I have for your posts, intelligence, and good work. It merely added more depth to that discussion - what was wrong with that?) Your DD is fascinating and I do love watching your mind work. Quite impressive, and should I ever correct some minor point you leave out, please do not take it as an insult and me trying to be a pain in the ___. Just trying to keep up clearly with your level of thinking.
What?????
What is so "Interesting" about buying into an investment and expecting the managment to manage their business such that I can hold for decent share price appreciation. If the management does what they have said they can do to bring more investment value into this company, I'm not selling until/unless they disappoint me again. Like the promises on the revenues over and over all last year, and then, finally, after stringing long shareholders along for months on end, announcing that; OH well, we really will only make about two-thirds of what we promised you in revenues and, while we were at not meeting the stated goals, we diluted the hell out of your original investment. That, my friend, is when I sell.
I am giving the management another chance, but I will NOT be strung along nearly as long if they do not do what they are saying they are going to do, and WHEN THEY SAY it will get done. They already have missed another minor promise - totally stupid, IMO. They said they would have the CC on the website by yesterday, and again they have not been trustworthy.
If they do not produce Unione deal by Feb 1, as promised, I am out again, because they are showing that they really do not care that much about the shorts or shareholders because they keep giving the shorts newly created ammunition with which to pressure the share price downward.
I'm extremely tired of the management working for the benefit of the shorters instead of the people who are invested long.
NO, we won't be loyal longs to a company that will not treat us loyally. IF this company chooses to play these games with us where they tell us they will give us such and such to increase the value of our investment, but then on over 2/3rds on the major promises, they miss totally, by more than 12 months, etc., etc., and then they cry foul and blame it on shorters and the exchange their on and more excuses, more excuses, then they are telling us that we should merely use their company as a short-term gambling vehicle based on whichever way the TA gods point us at that time. Sell when it goes up, because they will certainly disappoint us again soon, and all those profits will be lost quickly if we are not smart enough to lock them in.
However, IF they decide to treat this company responsibly and meet EVERY COMMITTMENT they express, and avoid constant dilution of any price appreciation we can achieve, this could stimulate some reason for true investment in this company, and thus subsequent price appreciation. Then us longs will stay long, and YES, I will not sell until I get the impression that this company is overvalued rather than undervalued.
Why in the world would I? Would you?
He wants people to buy stock in his company so that he has more equity available to manage his business more effectively, and have the market cap to make moves he has spent time working on.
He does not want people selling the stock continuosly, so as to make it more difficult to construct productive deals he would like to finalize. Deals that incorporate the value and availability of his stock.
That is what Phil got from that transaction along with any other buy transactions that will lend support to his company objectives. If he was not looking to get that kind of support through transactions like mine, and it did not matter to him because he did not care what the market cap was, then he would not have put the effort into having a publicly trading company. He would have been perfectly happy to stay private, or go private, for that matter.
Hey Board: WE HAVE A CFO!!!!!!!
"NewMarket Technology Inc. Announces Appointment of Philip J. Rauch as CFO to Broaden Management Expertise"
YEAH!!!!!!
Yea, I guess you are right. That made me think a bit more about the risk I just took on (it really is only a gamble at this point since PV has let us down so many times) and I will be certain to bail if I see ANY INDICATION of PV not carrying through on any further promises.
Scov,
Are you saying that as RSI hits 30, it is a buy signal and then you swing trade with your sell planned at the point where RSI hits 70?
I read RB where they posted about PV being part of EDS. That was one EXCELLENT post. I knew PV was from EDS already.
Chamber;
Thank you so much for posting the chart. If you hang around this board from time to time, I'm pretty sure we would all appreciate a chart post - say one a week or every 2 weeks, if you have the time. Excellent charting.
I just bought 50,000 more shares @ .31. I hope I will not regret it.
I had talked myself into holding off until PV got some of the lagging issues corrected, but I got the better of myself and decided to give Phil one LAST chance.
I am banking on the Unione deal getting ready to be announced, ON TIME, for a change, along with some other nice supportive news. If PV really is serious about getting this share price up, he should be doing everything in his power to not disappoint the market again by delaying this deal any more. Another delay would just give the shorts another avenue of taking control again. I'm tired of hearing him complain about how the shorts have him by the shorts and how this OTCBB is so unfair, but then re-loading their cannons with fresh powder every month.
Do not let me down again Phil. This is it!!!
Charleoi,
What is "numerous one off issue"?
Are you talking about numerous one time write-offs?
I am sending you a PM about another company, so please check your PM in a while.
Half of the OS has traded since Nov 1st.
The ENTIRE OS has traded since July 1st. Come on - WHERE are all the shares coming from? How many more shares are out there to be converted?
Well, it looks like the tight Bolliger Bands were indicating a major move to the downside rather than the upside.
Phil, some actual decisions on your part, and steps taken to ACCOMPLISH those decisions, would be of some benefit here!
LOL, Those are points of EMPAHSIS, LOL.
I'll try not to emphasize so much next time. Sometimes when I get frustrated, I over-EMPHASIZE!!!, Sorry!!!
As Rick Lutz likes to say, "I'm not meaning to yell at you, I just get passionate when I get to talking about something I believe in", or something like that.
BTW, Tech_Russ and My02, It is GREAT seeing you two posting here. You two have got it going, and I thoroughly enjoy reading your perspectives.
LOL, I guess I now know why I could not get registered to post on RB. It appears they may not be accepting new members since their time may be limited.
Hello all;
I'm back. Was gone for a few days due to a family event. Back now to see what the CC has brought into light for us shareholders. Will take me a while to get caught up.
Eastunder, I respectfully totally disagree with you on the RS. I, for one, will NOT put my other $20,000 here until the RS is resolved, and if it is that we do one, I am selling until the dust settles. I know that sounds stupid to many of you here, but 9 times out of ten, the price will go DOWN. I'm willing to take those odds, and I venture to guess that many, MANY other shareholders are also. The reason I think the odds will work in favor of selling is that I TOTALLY DISAGREE WITH ABOUT 80% OF YOU THAT OUR DEPRECIATING SHARE PRICE IS DUE TO OTCBB!
The reason the share price has dropped is because Phil has played right into the hands of the bashers and the shorters by not managing this as ideally as he should have:
1) He WAY overforcasted the revenues, and told us several times in the year that we would still be able to meet them, but then towards the end - Oh, well, no we won't - I sold on that,
2) He repeatedly promised a dividend of DFTS stock, (I knew better than to buy in on that until it was delivered, and I have been proven correct to not have trusted that - so what do you think other prospective buyers are thinking?)
3) He repeatedly ASSURED shareholders that we were in for this MYSTERIOUS AMEX exchange listing BEFORE THE END OF 2005, which is still up in the air over a YEAR later.
4) There is a bad history of some very negative-appearing deals (Infotel screw-up), some involving a not-so-respected Augustine Fund, and appearing questionable (What in the world was happening with DCI and DFTS and Skylynx? What in the world were/are the plans with Veriscript?)
5) SEC had them re-report the way some of their assets or (revenues or something) were booked after an inquiry
and
6) Outstanding shares have DOUBLED or more while us patient shareholders have waited and waited for PV's words to ring true and for him to get the deals straightened out and the numbers reported correctly!!!!
Oh yes, PV HAS increased revenues, and finally they are peaking at profits, but can you trust how much further that will go with these 6 GLARING NEGATIVES staring you in the face?
Now, without factoring in how much we all WISH WE HAVE MADE AN INVESTMENT in a very promising upstart with TREMENDOUS potential growth (remove your attachment to the company), what would YOU think if someone came to you and told you to buy a stock like this?
Now, wake up people! What do you think prospective shareholders are going to have as their plan of attack with this kind of history? You can definitely NOT place more than 40% of the blame for the share price depreciation on the market it trades on. A MINIMUM of 60% of the blame goes on the fact that this company, at this point in time, appears to be rather untrustworthy and shady. Sorry, but it is true.
The plan of attack that anyone who is betting on making money in the market (at this point, this is a GAMBLE) would be to STAY OUT OF THIS OR SHORT IT until something gives someone a reason to believe they might really have sequentially improving revenues, that will quickly turn into sequentially increasing PROFITS, WITHOUT DILUTING every increase with more shares.
The reason the share price is down IS NOT THE MARKET THIS IS TRADING ON AT THIS POINT IN TIME! Phil has played into the hands of anyone and everyone who would want to put downward pressure on this stock. Going to the AMEX WILL NOT CHANGE THAT!!!! PV has messed up in many ways in the last year, and that, people will see more potential gain in shorting this than in buying long, or they will wait for another negative to drop the price more before buying in. Hell, if I could go short, I would right now. In fact, many stocks on the AMEX do not do nearly as well as on say the NASDAQ, so I think a move to the AMEX is just another negative, and another distraction from solving the REAL problems with how this stock is trading.
Then, on top of that, you guys want to accept a RS to get to that useless, BORING exchange??????????
The ONLY way I would stay in this any longer if a RS was strongly considered is that if it was immediately announced that what Tech_Russ has posted would be done. Now THAT would keep me in for the RS, NOTHING else. I expect this to go down just as much on the AMEX unless there are stabilizing forces, like Tech_Russ posts. And I think it has much better chance to go up on the OTCBB if PV would just get all the ducks in a row and KEEP THEM LINED UP WELL PAST LUCH TIME. It's like, one thing is accomplished and its time for recess and PV is out chasing the ducks again.
BTW, so far, I liked what he had to say in the CC, other than the over-focusing on the AMEX. This appears to me as just another tactic of distracting investors from the REAL issues that have caused the share price to depreciate consistently.
FOCUS HERE - make this company reputable and something worth talking about, like how it GETS THINGS DONE!
Streetrod,
Hello, I've been away the last few days due to a family event. Will take me a while to catch up here.
Yes I do own a small amount of BRVO and am hoping for a nice return in the next year. Has to stabilize a bit here until we get news confirming the potential for it to grow with anticipated demand.
Ha, Ha, Ha, NOW I know why I could not get signed up to post on RB - go figure. I tried to sign up on Thursday and merely got the run around, and then Friday evening, it shut down. I gues they have figured that there is no use in signing up new members right now. From what I hear, it may be put down for good in about 6 months.
Good to see you here also.
RB is doing some questions.
I read RB, but I cannot figure out how to sign up so I can post. I am not the best at figuring out Internet surfing, I actually hate communicating through the internet except for a few exceptions. I am a phone person.
Anyway, due to this tendancy, if it takes more than three to five minutes to figure out how to get something working on the internet, I usually can it and move on.
I have signed up on RB, they have sent me the e-mail confirmation, but when I try to post, it gives me a message that I need to sign up, and they have no support for figuring out what is going wrong such that it will not let me in.
Thus, I just read the messages and post here on IHUB. I LOVE IHUB!!! They have a great set-up.
I also use Yahoo message board for stocks I own or am looking at that are on legitimate exchanges.
Thanks Socal. Questions answered.
I would rather see them increasing Q over Q and Y over Y, but they look OK. Very interested in seeing what they are this next 10Q and 10K. I may put another $20,000 in if they have increased a decent percentage and depending on the share price at that time.
Guys, I think this is ready to take off. I am not pumping here, but I was just looking at the Bollies and they are as tight (actually tighter when considering the price range) as they have ever been.
This is ready to blow, either up or down, and from the looks of the money flow and Accum/Distrib and MACD, I think we are looking at some nice upside here.
Get Ready!
I predict a nice move within 3 days, if not today.
LOL, I was wondering if those soap box rantings conveying what I expected of the company would make it into your list. I figured not. I understand. It is obvious that they are more a communication to the company of shareholder expectations and sentiment (at least, this shareholder) rather than questions.
Now, as for the other two questions, I do want them to be asked:
3) Please tell us what our NET TANGIBLE ASSETS are at this point in time. I am NOT asking for stockholder equity or shareholder assets, I am asking for NET TANGIBLES.
4) Will you, from this time on, be able disclose each quarter what our net tangible assets are? I am one shareholder that would appreciate this.
That would be FANTASTIC. I hope you are correct.
I agree with your statement, Socal, but I think because he has to run it so tight, he should feel compelled to tell us why his decisions take him in the directions he chooses to go, such as funneling the funding away from hiring a CFO, until it becomes absolutely necessary - Which I think is now.
I have discussed with Rick a few times how I really do not care to merely see increasing revenues, but I want to see those revenues making a positive impact on the bottom line, thus increasing EARNINGS.
I'm not invested here to give the owners and employees of NMKT a business or job, I am invested to be able to support their business and thus, have rights to a share of their PROFITS. If they have revenues increasing 800% a quarter, but cost increasing 1000% a quarter, this is certainly NOT an attractive investment to me. I am only paying them so they can keep their job. Who would like to give me $100,000 a year so that I can make a nice comfortable living while I make widgets that only 10 people want to buy at $1000.00 a widget. If anyone on this board would be willing to do that, I will certainly go out and find those widgets that I can make, and the 10 people to sell them to, and get back with you next month to sign the deal. Same thing to NMKT, MAKE ME SOME MONEY, NOT REVENUES that pay your salaries, travel expenses, and other costs, but require more cash input from me or lenders/financiers so you can keep your nice-salaried job.
So, in light of this, here is a link:
http://biz.yahoo.com/ibd/060113/corner.html?.v=1
1) Now, NMKT, what are you doing to be in one of the companies fitting this article?
2) Can us investors expect you to fit it in 2006? If not, You are sending us a big red signal that it a still a premature time to be investing in your company and that you are still going to spend the next 12 months catering to the IBs, and other big financiers like venture capitalists, which will make damned sure that they will get their money, along with excessive profits, well before any of us will see any appreciation of our share price of NMKT.
I'm sorry if this puts you on the defensive, as my previous post suggests, but this is one point I am very concerned and adamant about you knowing how shareholders feel. Consequently, the more astute longs here, who are looking for some return on their invested monies, will make decisions regarding whether you deserve our support or not.
3) Please tell us what our NET TANGIBLE ASSETS are at this point in time. I am NOT asking for stockholder equity or shareholder assets, I am asking for NET TANGIBLES.
4) Will you, from this time on, disclose each quarter, what our net tangible assets are? I am one shareholder that would appreciate this.
Of YOUR questions, I am not happy with choosing just one to be answered - I will choose a minimum of three.
1) "2. Debt – in the past 5 quarters, $7.6million of debt has been converted to equity (at an average of 21 cents per share). The majority of this debt has never appeared on the balance sheet. Where has it come from? Why have you chosen not to issue 8k disclosure of the transaction details, as required, to inform investors?"
2) "2. You stated last year that the failed financing in Dec 2004 prevented you from hiring a CFO. Why did this prevent you from spending $200k/year on a CFO? Given your insider dealings, consistently late filings, and accounting restatement, why have you chosen not to invest in a CFO? Why can you issue 2million shares for consulting services (at significant discounts to market) in the first 3 quarters of 2005, and yet imply that you can’t afford a CFO? Can you name one other public company who intentionally operates without a CFO?"
3) "VTI
1. Why do you refuse to file VTI’s statement of disclosure for it’s NMKT’s holdings? VTI should use the closing price as of Dec 31 to estimate beneficial conversions, yet you claim that you cannot estimate. Why? Why does your current disclosure in NMKT’s 10Q not include the 40million shares that you issued to yourself via the convertible note?
2. You have chosen to raise capital into VTI, and then loan the proceeds to NMKT. Why have you chosen this model, instead of raising capital directly into NMKT? What are the profits of VTI in this arrangement? How can you prove to investors where your economic allegiance is, given that you are the sole officer presiding over both sides of the transaction? How does this address your representation that NMKT suffers from shorting when engaging in financing transaction, given that investors into VTI can short NMKT just the same as if they were investing directly into NMKT?
3. As asked previously, why have you chosen not to disclose the details of VTI transactions via a NMKT 8k filing?"
Now, it would greatly help us all Charleoi, if, when you address questions to the company, you could find a way to phrase them in a way that ELIMINATES any accusatory slant (now, I'm not saying when you pose the concerns to the message board ). The reason being, sometimes people cannot, or will not answer an accusatory question because just by answering the question they could inadvertantly validate the accusation, when the accusation may be totally false.
This is a standard examination technique used by sly attorneys; say a scenario where Mr. Jones was GIVEN $15,000 to go make a purchase the next day in another state, and Mr. Jones places the $15,000 in a safe deposit box until he leaves to do the errand (NO CRIME), but Mr. Jones is then accused of stealing the money for a drug deal. The attorney would pose the question on the stand as: "Well, Mr. Jones, Isn't it true that you placed the $15,000 that you stole to buy the drugs with in a safe deposit box in Bank America?." In court, Jones can only answer yes or no, and if he answers yes (because he DID put the money into the box, but it was not stolen and it was not used for drugs) he implicates himself as to being guilty - he has just also admitted he stole it and it was used in a drug deal. If he answers "no" it appears that he is lieing or trying to cover something up because he did, in fact, put the money in the box. If you truly want to help us get answers, leave the road open to allow the company to answer without having to put themselves in this position.
On top of this, RB has some very pertinent questions I want to hear answers to:
The Sensitron questions
The VeriScript questions
The BarrryAllen question, LOL - JUST KIDDING!!!
Also, of course, I would like to hear answers to ALL of MY questions, LOL.
I have two more coming in a minute.
BTW, how do you monitor a board.
Do I need to know anything more about how IHUB works, or its rules or something?
The CC time is set up at a time that I am usually unavailable. I will not be able to listen to it live, but I will listen to the replay, when available.
I will be out of pocket for the next week, so good luck with all the questions and getting some nice information to help us all understand our investment here better.
I may get a few minutes the next couple of days to post, if I should have some time to organize my thoughts any more for further questioning, but I doubt it. Talk with you people later and take care.
As to number 3), These terms appear to be generous to us NMKT shareholders. 8% is one of the best rates I have seen on a CD. Now shares at a .20 discount to prices that appear to be a bottom are a bit edgy, but Phil may have an explanation that will ease our minds. I would venture a guess that it has something to do with him protecting the company from scavenger death spiral type funding and unscrupulous trading practices that could send NMKT into the ground if these IBs and traders did not face some major stock conversion to the NMKT director's benefits.