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No press release for qtr. report?
They issued one for the last qtr. No PR of any kind since August 27? No follow up of any kind? Yikes! Time to swap shells in-house?
1000 share trade?
worth .10 cents. That's funny. The transaction fee alone is
$5 - $10 dollars.
Must be the computer or MM's making corrective adjustments.
A bottled water that nobody can find?
A revolutionary liquor production process that nobody seems willing to use or try? How much cash would a company like this be worth? Certainly not enough to benefit RMDM or any shareholders.
Same thing for me.
But, with Firelane and Marine. I got hammered last December. I've flipped it 3 times since, I made up for all my losses and then secured some nice profits. Live (invest) and learn, I guess.
Anyone who paid over .0005 (almost a year ago now), would like to know the answers to those questions. Some can't accept the fact they were hoodwinked. Others file it away as experience and use the knowledge the next time they spot it happening in pinkland. Which is of course, all the time.
Only 2 more months until the R/S.
Bingo
The MM's could be dumping residual inventory because of the DTC chill.
I picked up some .0001's
It took forever to fill them. It would do a partial fill and then carry over to the next day. It didn't start until I lowered the buy orders to under 5 million shares each (2). Sometimes it's the luck of the draw to get .0001's. JMO
It will move eventually.
They're in the business of selling shares. If you got in at this level (or average down to this level). It's just a waiting game. No playing with scared money, ever.
p.s. Anybody used to watch "Chips"?......LOL
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The float is double that number.
They diluted from January to March. Why do think they updated the AS and OS but not the float?
The entire system is a pretty good impression,
of the Federal Reserve Bank. They're printing their own money.
And it certainly won't be the last!
The pps was driven down by dilution, not the MM's naked shorting it. If it was being boxed, you would see periodic up-ticks so they could collect their 50%-100% profit. This is sitting dormant far too long for it to be cellar boxing. JMO
They just like conspiracy theories I guess.
What can you get with only 300k in cash?
They're not attractive to anyone. 300K does not make other companies sit up and take notice of them. As far as you know, every cent of that could have been earmarked and/or spent by now. What's their burn rate?
Why did the Loadcom deal fail? I'm sure it had nothing to do with the fact that they only have 300K and ZERO shares to offer. But of course, RMDM says Loadcom wanted too much in exchange? More like RMDM didn't have enough to offer. They might have, if they didn't lie and dilute under the shareholders noses. This thing isn't attractive to public investors, much less another company.
Revenue is reflected in the current share price. It's not moving because there are 10 billion shares outstanding and only 2 million in revenue. Contrary to popular belief, it's fairly priced as is. Signed contracts or merger news is the only way this thing will move.
They put out that "Corporate Governance Policies" in December of '09. But they didn't audit the AR for '09? Even though it wasn't filed until March? They had plenty of time to do it. They had a few more fraudulent things to do I guess.
Was there any news?
Or, could it be insider activity with more gains to come?
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Just for the record.
The 2035 Broad St. is not "nothing". I remember way back when, an investor posted pictures of the facility. They never made anything there. But, it is real.
Of course, it didn't make any sense to have that place if they were months and months away from producing anything. It was
a 100,000 sq foot facility. Sitting empty. Them paying rent all that time? That's either a bad business mind, or more likely, an outright lie.
Nope, not going to happen.
If you go to Marketwatch.com, there's an IPO calendar (Ihub may have one as well). Nothing listed for Cooper-Porter in September.
The big 3 are the distillers license, equipment and IPO. Do they need the 10 million from the IPO to get the equipment? They can't get a distillers license until the ATF inspection of the equipment.
If a company was going public, wouldn't they let potential consumers and investors know what is going on?
That's not the real float.
They diluted in the 1st Qtr. According to the financials they sold 1,875,305,687 Billion shares for cash. The updated float (curious how they updated the OS and AS but not the float on pinksheets.com)is around 3,795,305,687 Billion shares.
Cooper-Porter
The website says they just moved into a new facility.
Cooper Porter Moves Locations in Brooksville
Thursday, July 22, 2010
Brooksville, Florida, July 12, 2010 – Cooper & Porter is proud to announce it has moved to a different location in Brooksville, Florida. The new building, a 10,000+ square foot warehouse on 5 acres, was built in 2007 and is ideal for the first year of operations, while our global vision is maintain the facility for the HyperAging process and acquire a larger nearby facility for bottling when growth dictates.
The Company chose Brooksville, Florida as its target location for a number of reasons, including the eager cooperation of the Hernando County Business Development Board and the clean environment (including air and water, both essential in liquor production). After searching throughout Hernando County, the company signed a one year lease, with an option to purchase, with the owners of 14337 Annutalaga Avenue.
“As soon as I walked around in this building, I could envision our operations here,” said Matthew Porter, Chief Operating Officer of Cooper & Porter, Inc. “We will need to do very little before moving in our tanks and stills and getting fully operational.”
ULA released a PR stating that they had new digs last year.
http://ih.advfn.com/p.php?pid=nmona&article=40472171&symbol=USOTC%3ARMDM
They switched again? Still no equipment? Still not producing anything? Never produced a product in the old facility?
This isn't an investment. It's a trade. As such, it will move eventually. If you wait a little while longer you may pick up some .0001's.
The only question is when it will move. There are only best guesses. If it doesn't see any significant news by October. It won't move until next year. With a possible RS looming after the 1st of the year. At .0001 there's no risk, just waiting. .0002's aren't that bad, it depends on how risk averse you are.
Those who chased in after the last merger PR paid .0003, they can sell it today (just a few weeks later) for .0001.
A buyout of Innotrek?
Where do they get all these rabbits? It must be a pretty big hat.
To tell the truth, an empty RMDM shell is probably worth the same as it is now. But remember, some believe that recapitalization means they can proceed with a merger. LOL
Still needs a lot more volume than this to move. The hundreds of millions that it needs to move will not come unless they somehow complete a merger. Since they didn't mention a time frame in the recent merger PR. It could be awhile. In the meantime, my wait for .0001's continues.
Nope, still didn't fill. I decreased the size of the order, it just may not be time yet. Obviously, the further we get from the merger PR, the greater the chance.
Still can't pick any up at .0001. I've had the order in for two days. Doesn't look like anybody is getting to buy .0001's.....yet!
With the heavy sell volume today, I thought I'd get lucky. Maybe tomorrow, or the day after, or...........
I wouldn't rely on that A/D line.
I'm sure this will turn into an arguement so if someone can just answer these questions. You're better than I am.
If you look at the one year chart. The A/D line has uptrended steadily since November. Even during sell offs? During large swings in volume from one extreme (high) to another (low)? It hasn't moved?
It's a "ghost" line, not uncommon on pinks. I'm not saying it is/hasn't been under accumulation. Just that you can't trust that chart.
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"By May, this share reduction had not occurred"
Has it been done at all since May? Was there anything in the SCF from the 2nd Qtr to confirm it was done?
The loss of confidence boils down to just one thing, lying to the shareholders. Forget the share reduction and mergers. They tried to blame market manipulation on shorts, not their own actions.
Diluting is the biggest reason for the current pps. They did it and lied to the people who invested their hard earned money in the company. That's a tough thing to get over. They stole a lot of money from newbie investors that didn't know any better. It's a very long road to make them square with those people.
Links?
What links do you need? It's all in the PR and financials. Try a few of my previous posts.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51139034
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52420425
Why mislead? Because that's what a scam company does.
How can anything be considered good when a company lies to it's shareholders? Why can't pumpers ever answer a bashers question with facts? The company is responsible for all of this. They lied about short selling bringing the pps down when it was their own dilution that was the cause. It ran to .0019 on a 9.8 billion share structure, but pumpers neglect the fact that the float is now double the size it was then.
Where is the information on ULA? When is the IPO? It's supposed to happen this month and they have no update? Where is the license? Where is the plant? Where is the equipment? Where is the confirmation on TDI Gaming share sale? According to the company that money is already spent. They said they got a bridge loan to buyback 480 million shares, which they turned around and sold again? Why can't their 1.6 million contract be verified?
The stock is now at .0001, right where it started at the end of last year. This was a masterful execution of the typical pinksheet scam. .0019 down to .0001 and people think they can explain this away? Time to wise up. JMO
No reverse split? They have cash?
How can you say they only need a few contracts? You don't know how much debt they have. You don't know what their burn rate is. 300K in cash doesn't go very far. What is the profit margin on their contracts? How many contracts are needed to cover the debt?
They stated recapitalization is a must. How can you judge the increase in AS that would be needed to cover an unknown debt level? A company that lies and says they are a victim of shorts, when it was dilution that drove the pps down is not transperant. Then they tried to hide the fact that they diluted. JMO
RMDM = Really? My Dough is Missing?
Are you putting Microsoft stock in the same bin as a pinksheet stock? I'm sure Arthur Andersen will tell you that a review now, is vastly different than a review before 2001-2. SOX puts the auditor in an increased liability position.
A review adds credibility. Pinksheet stocks don't do it. If they add credibility why not adopt the policy? We'll just have to wait until the end of the year to see if RMDM has their AR audited. My bet is that they don't. They are a pink, and audited financials would easily expose their scam to shareholders and the SEC.
If they wanted to move to audited financials. Why didn't they do it at the end of 2009? That policy was adopted in December of 2009. The AR wasn't released until March 19, they could have had those audited. But, they knew better, they knew they had to pull a move and dilute.
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"Ready to see that .0019 again"
It hit .0019 when the float was 1.9 billion shares. The float should be in the area of 3.775 billion shares. Thanks, of course, to 1.875 billion dilution during the first quarter. It won't hit .0019 for a long, long time. If at all. They tried to blame the shorts for the decline in pps. When it was them diluting the crap out of the thing without telling the shareholders/bagholders. JMO