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Well this is just a guess but if you look back at the last 5 qtrs this is what happens before the financials come out. I think, and this is just a speculative guess, that whomever has been selling off in the past starts selling before financials come out to scare some folks into thinking the report will be bad. Then the report comes out and price goes up (but not as much as it would of) and then if it starts up too much they sell off more to bring it back down. Just my opinion/guess. Nothing more. It could be something else.
Well it was up to .16 but it now looks like someone is unloading to keep this down again.
Would love to see it pop into the .20's and then hold resistance at .19+. Should see quarterly soon.
Fugro chance and coda octopus collaborate in subsea imagery
http://www.oilvoice.com/post/Company_News_Release/Fugro_chance_and_coda_octopus_collaborate_in_subsea_imagery/7dfd98560f.aspx
Link please ?!
I'd like to see it break .18 today and pre financials.
Great looking product.
Yup, pretty easy to control the company on all fronts.
A little research will connect the dots from people to people.
A smart bunch of cookies in this jar.
Like you say, long term investment now. When I got in last year+ it looked like it was going make a run since they PR'd Sept 2011 that they were going to try and be audited and up listed in 2012.
Oh, and I believe this to be the real key to things. Not bad but motives are probably more $$$ than product. My bold.
Item 15: Beneficial Owners.
At October 31, 2012 the following persons were recorded as beneficially owning more than five
percent (5%) of the issuer’s common stock:
Shareholder Number of Common Stock / (%)
Greenhouse Investments Limited
1st floor, Liberation Station
The Esplanade
St Helier, Jersey JE2 3AS
British Channel Islands
The Controlling Individual of Greenhouse Investments Limited is Michael O’Leary Collins of the address shown herein
24,849,850 / (27.7%)
Solidor Investments Limited(1)
c/o Ecovis Luxembourg s.a.r.l.
56 rue Charles Martel
L-2314 Luxembourg
The Controlling Individual of Solidor Investments Limited is Phillip van der Westhuizen of the address shown herein
15,315,316 / (17.1%)
_________________________
Does not include 11,428,571 shares of common stock issuable upon conversion of Debentures at $1.05 per share. A reduction in the conversion price, which may be made as a result of a renegotiation of the Debentures, is likely to increase significantly the numbers of shares issuable upon conversion thereof.
As reported in https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=98770
Page 61
On February 21, 2008 the Company issued a convertible secured
debenture with a face value of $12M (“Secured Debenture”). The
Secured Debenture matures on February 21, 2015 at 130% of its
face value. The Secured Debenture attracts interest of 8.5%, a
minimum of $250,000 due before November 1 each year (as
amended) starting in 2012. During the term the Secured
Debenture is convertible into shares of our common stock, at the
option of the Debenture holder, at a conversion price of $1.05. We
may also force the conversion of these Notes into our common
stock after two years in the event that we obtain a listing on a
national exchange and our stock price closes on 40 consecutive
trading days at or above $2.50 between the second and third
anniversaries of this agreement; $2.90 between the third and
fourth anniversaries of this agreement; and $3.50 after the fourth
anniversary of this agreement or where the daily volume weighted
average price of our stock as quoted on OTCBB or any other US
National Exchange on which our securities are then listed has, for
at least 40 consecutive trading days closed at the agreed price.
Balance includes principal, accrued interest and accrued terminal
conversion balance. $ 15,110,786
The Company has a 7 year unsecured loan note for £100,000 due
April 30, 2014; interest rate of 12% annually; repayable at maturity
or convertible into common stock at $1.00 per share if the share
price reaches $3. 161,052
Total loans and notes payable
Less: current portion
15,271,838
(250,000)
Total Long-Term Loans and Notes Payable $ 15,021,838
Principal maturities as of October 31, 2012 are as follows:
Years Ending October 31,
2013 $ 250,000
2014 411,052
2015 14,610,786
Thereafter -
Totals $ 15,271,838
Me suspects there are other intentions at work. Dig a little deeper into ownership and you'll find someone pulling some strings. Sorry to be so vague just don't that the time right now to pull up the info.
Nothing but Crickets here today huh?
Welcome DarkLady,
We too here think this one is a good one. Let your friends know. ~ Multi
did you take a photo?
Sorry can't reply. Was being serious here. I applaud the strategy. Takes balls imo
Hank, so you..
sold 110776 --> $14,333.00
Buy 137192 --> $15,702.00
So you got an additional 26416 shares at an average of .05/share right?
The deal is coming for sure. This stock is trading way low imo, great time to get in.
I think everyone is right about everything. My two cents is this VERY important (IMHO) section from the financials...
I have bolded, underlined, italisized, some things of particular importance and curiosity.
"Our marine engineering and defense operations, which have long established engineering
experience, mainly provide their services to prime and second level defense contractors, quasigovernment institutions and the like. Frequently, they secure repeat revenues from developing
prototypes which then turn into long term manufacturing contracts. For example, Colmek has been
a supplier of key components in the Phalanx ship defense program for several years running. 8
Similarly, Martech is now in the Customer Acceptance Phase of a prototype decontamination oven
which is expected to form part of the ground equipment for a major international military aircraft
program. Under the Customer Acceptance Phase Martech has delivered the prototype
decontamination oven to the customer who is subjecting this to its own verification testing. If the
prototyping is successful, we would expect that the customer will adopt this as a piece of standard
ground equipment for the aircraft in question and Martech will be the incumbent for the production
of this product.
Each of these operations has the requisite accreditation for the work it does and includes:
Martech is LRQ accredited ISO9001:2008 and TickIT Guide Issue 5.5.
Colmek is ISO9001:2008 compliant."
This could huge. The ISO accreditation is another feather in the cap along with the patents.
Don't forget the 24million shares that is owned by GreenHouse-Capital. Not much on the net about Solidor since they were created last March for the purpose of COG inmo. I suspect Solidor Investments has some of the same players as does Greenhouse.
See this link and go to the last page.
http://www.greenhouse-capital.com/en/file/show/GreenCap AFIS I Web Summary September 2011.pdf
KKing,
I read that to say that if Solidor sees that the share price is not going to go up, and not up anywhere near a $1.05, they can sell their shares on the open market and thereby diluting the O/S?
If so, then if the share price goes to a dollar and beyond would't one assume they would hold onto them?
Just trying to understand, any info from anyone is appreciated.
Thanks 1c, I've had one eye on it too! Let's hope for a good showing! GLTA
Just crickets here today eh?
Yup, got it thanks! signed up for your emails too! Looks great. I'm learning learning learning. Any and all info is appreciated! Good luck.
Thanks NewELong! Good info. Will have to look into the VMC connection.
BTW I got into CDOC last March after they announced that they expected to be submiting audited financials in Sept. 2012 and then attempting to up list. That came and went and I don't expect them to be audited this go around either esp. considering nupapa's comments. Hopefully they will sell enough product to REALLY turn things around in spite of any manipulation. Good luck to all here!
Hank,
Thanks however I do not know what you mean by "VMC" on the #0.25 board. Can you elaborate?
MV
Ah, so by them keeping the stock price low right before being paid in shares means that they get more shares as pay off.
So at what point are they (or will they ever) not be getting paid in shares?
Hank, I've only been in CDOC for a little over a year. What is the "back stab" you are referring to and what exactly do you fear? Thanks.
I've got a buy in, but no sellers so someone is...
nobody is selling
Not sure if this is old news or new news. Yahoo reports that CDOC.PK is no longer but CDOC is good. Have we moved up or am I just behind the times?
http://finance.yahoo.com/q?s=CDOC.PK
Yes for sure. Now I'd like to see them announce another contract/agreement regarding anything! That will really start to send us a message.
What? A real contract? For real? Really? That's great. Wonder how come it was announced as GTC contract not WSG?
LETS GO BRUINS! LETS GO BRUINS!
Oh sorry, wrong sport.
LETS GO CODA! LETS GO CODA!
Indy, I think the 27 million since 2003 is bodcus. Average of that would be 2.7 a year for the last ten and we know that did not happen in 2011 or 2012 and the amount was under 30k for GTC-USA and under 200k for GTCL. How do you go from 2.7 mill to 200k and report that you've had a great year! Something smells phishy.
Ya Indy, I'm sorry, I'm not feeling you any more. You spend WAY TO much time posting here imo. I'm suspicious as of late. You started out slow but you are all over it now. You're sort of like Bush seniors war on drugs; keep the masses busy with something else so they don't riot about the real issues. Sorry to have to say it but I'm feeling that way. I hope you are genuine and so is WSGI.
Thanks Indy but I think you missed the gist of my message.
A guy can sell $300,000 worth of junk food in an 8000 demographic in a year, but WSGI can't sell anything in aviation in 10.
Not to mention the BS about GTC selling 270 million sat time gross since 2003.
Does anyone know what GTC-USA's Gross sales were for 2011/2012? Thanks
Thanks 1c! Multi
Was this article ever posted last April when it came out? Is that a WSGI product?
http://gizmodo.com/ballons/