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Not sure how RBIZ ever becomes profitable, cannot believe the valuation it is getting.
Dont hold your breath
Seems like this thing WAYYYYY ahead of itself at this point.
The valuation here seems insane, unless I am missing something.
Sure does
Good luck with that.
And $20,000,000 in liabilities.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9168794
Just opened position @ .2923, looks cheap to me here.
Been out a while, where is Van?
Looking for OTC companies looking to acquire or merge with another company. Please post or PM if your aware of any.
Thanks
Looking for OTC companies looking to acquire or merge with another company. Please post or PM if your aware of any.
Thanks
Question:Is there a list of pink or OTCBB quoted companies who are seeking to be acquired or merge with another company?
I am seeking such a deal.
Question:Is there a list of pink or OTCBB quoted companies who are seeking to be acquired or merge with another company?
I am seeking such a deal.
Well said, makes zero sense.
CYTK Could see over $2.00 today
With the Piper Jaffray upgrade, $4.00 target and a lot of the float being held by large holders, CYTK could see $2.00 + today IMO.
Major holder list: http://finance.yahoo.com/q/mh?s=CYTK+Major+Holders
What a pile of dung!!
Your missing the point, there should be plenty of cash to service the debt, plain and simple.
Something is stinky.
According to the August 16th PR:
"Net Income for the three months ended June 30, 2012 ("Second Quarter 2012") were $209,282"
If this is true there is no way they should be having problems servicing their relatively small debt obligations.
Something is not right here at all, and the market is agreeing.
The point is however, is there stated EPS is true there should be no problem servicing the current relatively small debt.
Why the need to restructure it?
Your dead on and if they are making the EPS they claim there should not be a problem paying this off in full.
I don't know the answer but evidently the market does and that is why were sitting at .011
Good news out today, lets see a double!
Just bid .0142 for 29,000 and was nailed instantly
Impressive, but at 18X sales it sure seems to be all priced in and then some.
All trading on the bid side today, not a pretty picture.
Throw out a .011 50k bid and it would probably be instantly nailed. Not liking this action.
Were Toast!! it seems like there must be many unknown skeletons that ordinary investors are unaware of, if the true earnings are as reported not even these supposed long term holders would be bailing here, just makes no sense.
I am a bagholder in this POS and I am very skeptical with news and PR's that comes from management at this point based on how the PPS is reacting to earnings and news.
Something really smells with this POS, really bad. Why isn't management doing any buying if this is such a bargain?
Getting tired of the lack of transparency and wonder how latest earnings PR could be accurate with such a pathetic response from the market.
Go get 'em cowboy.
Thanks Golf, look forward to an update.
Off to Daytona Beach for the weekend.
Where's the love :(
Thanks Golf,
Look forward to any news.
Race to the bottom on the ask.
Hey Van!
Been laying low but still around.
Nice quiet summer with a bunch of travel. Hope all is well with you.
Thanks Golf,
I wasn't aware of that.
I did get 41,000 @ .021 on Friday. Total 71k position now.
Got it, thanks.
Did you have to file a 13D owning more than 5% of the company?
Someone take out that 9300 @ .033
I am bidding 70k @ .021 doubt if Ill get hit.
It does help give me some perspective, thanks.