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Because Cyberport probably fell through. Right now they don't want the bad PR.
What a sad day. $.0002 is just pitiful.
Well you can get out at .0003. I will take them. Order is in and just waiting for you to pull the trigger.
Stop the whining about IHub screwing up. They did not. The text header for the PR was too long and IHub has a limit on length. If you click the news link and read the thing it is all correct.
Blame who you want but so many people were holding long and watching the price go down they bailed on the 1st chance they got. Wish I sold at .0008 today and bought back at .0004
drop back to .0007 and the brakes slam on. Come on PIHN push back and over that 8 hump
Are they going to PR this thing? For the love of God the fins are great and the release is not being picked up by yahoofin or Ihub as news.
Nothing but positive in the 10k and with the dilution over the last few weeks there should be a ton of cash on hand for the acquisition. We need to get this thing in front of any potential investor.
Looks like it however the moon is .0001 and no bid. only 6M traded today and we sit at .0004
Are you serious? Relax? The company just got downgraded because their financials are late. They had stated they would file financials on time and did not. They state they will be out in 10 days and they are not. They state the announcement will be out about the acquisition by end of month and it is not.
Now we have you saying relax, you can't rush success. Guess you are right they relaxed theirselves right into failure. If you disagree then just look at the stock price and tell me if you have success or failure.
No PR yet today. Based on the current time in Japan I think it is safe to say maybe tomorrow. To your point I think they will miss the promised date and only send an email out so the price will go down.
that is a great question. I can understand wanting to dilute and get it done before the PR so they can announce they are done diluting but man if the PR is good they could have really raked in the bucks with a higher PPS
Actually no I would not because I own this stock. I post my true opinion instead of going around trying to blow sunshine up everyones behind which appears to be the thing to do on this board.
Tick Tock Tick Tock. The clock is running out on these guys. One day left until the end of the month when we were supposed to hear all about the acquisition. Financials are already late which got them downgraded by pinksheets. There are 2 business days left until the "Next 10 business days," are up for the financials to actually get posted which Kuni promised us in an email.
If the clock runs out and no PR is released(note I said PR and not email to the people who are signed up online to get them) then we drop down to .0001 and no bid.
Now if they do finally get their act together and put this information out and it is positive (note I said positive because the acquisition could have went belly up and the auditors could have found accounting errors and they post a loss) then this investment could really pay off.
The next few days should be real interesting. We will all be selling like mad to save what we had or selling like mad to cash in like crazy.
Thank God people are starting to realize he knows nothing more about this stock then the rest of us. Everyone on here is gussing on what will happen. Just because you have enough cash to buy a lot of shares in no way qualifies you as a stock expert.
Last Minute? Hell he is 13 days late already.
Bet we get a single PR with both the fins and the acquisition announcement.
That is great! I have a GTC Buy order in at .0002. You just may fill that sucker for me.
My guess is that the financials were not as positive as expected and need to be released with some other news so they can cover it.
Back peddle back peddle Kuni!! Another 2 weeks and now just "Positive." What happened to “Profitable??” Oh how the cookie crumbles on this one.
On a positive note, everyone wanting to average down will have a great opportunity to do so in the next few weeks!!
So based on your logic they financials may not be profitable either since they were targeting.
Very simple. If financials are not posted tomorrow he lied in a news letter to investors.
Sounds like a plan. You first!
Last minute? Sorry but the clock ran out EOD Monday. He is late not last minute. You are 100% correct....it just pisses most of us off.
Yes they are limited due to missing the deadline for posting earnings. Next stop is Caveat Emptor unless they get their act together.
Very well said! I feel the same.
Dude you have seriuos issues. I think I herad you mom calling you out of the basement for a snack you better go run and get it.
I stated my opinion and I have every right to do it. Did I say everyone sould sell? NO! Am I? No. I am holding and will sell when it goes up.
Oh there is your mom again. Better run and get your cookies.
That is easy to answer. If they don't put them out today people will run in droves and this thing will be at .0001 with no bid.
.0004's selling and .0003's on the way soon unless the Fins. drop soon.
No financials yet! Man if they don't release them this morning I see a lot of .0003's going off today. If they post them and they are strong I see .0008's today.
Anyone else see the humor in reading about this stock while viewing an ad for a blue e-cig in the advertiser window? Maybe Peter sould advertise here!
happened earlier this week. Look at all the shares traded at .0004.
Volume is almost nill on this thing today. I sure hope it is a result of the float moving to the hands of longs so this thing can finally move up. We just need to get past .0008 which I see as a major wall with all the .0004's sold lately. It will be pretty tough for them not to sell into a 100% profit.
Monday will be a fun ride when the financials come out. Sure hope they do not drop them until Monday.
I think that they would want to talk up the company so it will raise the current share price of PIHN. They are diluting right now and it will increase the value of what they are putting into the market.
You can't buy another company with the little cash they had on hand so it has to come from somewhere.
So explain this to me. We all assume they are going to make a profit (personally I feel it will be small but hey it will be a profit) and they have an acquisition in the work and the price is still .0005? So basically if we all know about it and everyone that can read a PR knows about it, then who the hell else is going to show up and start buying when those 2 things are announced?
Hey you forgot about me!! You all claim I am negative.
Great News Out!
LIVINGSTON, N.J., Aug. 10 /PRNewswire-FirstCall/ -- Milestone Scientific Inc. (OTC Bulletin Board:MLSS.ob - News), the recognized leader in advanced, computer-controlled injection technologies, today announced its second quarter financial results for the three and six months ended June 30, 2010.
Financial Highlights When Comparing Three Months Ended June 30, 2010 with Three Months Ended June 30, 2009:
•Total revenues rose to $3.22 million, up 58% from $2.04 million.
•Total instrument sales increased 124% to $1.82 million from $816,000.
•Sales of disposable handpieces were up 14% to $1.37 million from $1.20 million.
•International sales totaled $1.96 million, representing a 212% over $629,000.
•Domestic sales declined 11% to $1.26 million from $1.41 million.
•Gross profit margin on sales climbed to 64% from 58%.
•Total operating expenses increased 4% to $1.86 million from $1.79 million.
•Selling, general and administrative expenses remained relatively flat at $1.78 million compared to $1.75 million.
•Research and development expenses increased 147% to approximately $80,000 from $32,000, which was attributable to the ongoing research and prototype development of new medical drug delivery devices using Milestone's patented CompuFlo® system technology.
•Net income was approximately $180,000, or $0.01 earnings per basic and diluted share, compared to a net loss of $657,000, or [$0.05] loss per basic and diluted share. This marked the second consecutive quarter that Milestone has posted a net profit.
Financial Highlights When Comparing Six Months Ended June 30, 2010 with Six Months Ended June 30, 2009:
•Total revenues increased 36% to $5.78 million from $4.24 million.
•Total instrument sales climbed 51% to $2.42 million from $1.60 million.
•Sales of disposable handpieces totaled $3.31 million, representing a 27% increase from $2.60 million.
•International sales were $3.32 million, a 145% increase from $1.35 million.
•Total sales in the U.S. decreased 15% to $2.46 million from $2.89 million.
•Gross profit margin on sales improved, rising to 64% from 58%.
•Total operating expenses declined 3% to $3.49 million from $3.58 million.
•Net income totaled approximately $264,000, or $0.02 earnings per basic and diluted share, compared to a net loss of $1.22 million, or [$0.09] loss per basic and diluted share.
As of June 30, 2010, Milestone had $2.62 million in cash and accounts receivables, working capital of $2.31 million and total shareholders' equity of $3.21 million.
Leonard Osser, Chief Executive Officer of Milestone, stated, "As indicated by our record second quarter performance, Milestone benefited from the shipment of the first 1,000 STA Single Tooth Anesthesia System® units to China pursuant to the 12,000 unit purchase order received from China National Medicines Corporation late last year. Although we are still working towards receiving regulatory approval in China to market the device to the Chinese dental market, our distribution partner determined that it prefers to be poised and ready – with the 1,000 units on hand – to commence the commercial product launch as soon as practical once marketing clearance is received."
Continuing, Osser noted, "We are very proud of the material progress Milestone has made in the past year with our efforts to enhance penetration of the global dental markets, which has led to our achieving two consecutive profitable quarters. We also continue to make meaningful headway in identifying and pursuing opportunities to expand our portfolio of advanced computer-controlled injection products for the medical industry."
"As we have noted numerous times in the past, the key to Milestone's long term success lies in our ability to effectively leverage our valuable intellectual property to address the multitude of painless medical drug delivery and fluid aspiration applications made possible with our powerful CompuFlo system technology. With hundreds of potential applications to consider, we must remain focused on only those that we believe are the most promising for obtaining a rapid return on investment while simultaneously representing new product introductions that can have the greatest positive impact on patients and the medical profession," concluded Osser.
Milestone will host a teleconference and live webcast tomorrow afternoon, beginning at 4:15 PM Eastern Time, and invites all interested parties to join management in a discussion regarding the Company's financial results, corporate progression and other meaningful developments. The conference call can be accessed via telephone by dialing toll-free 1-877-941-4776, or via the Internet at www.milestonescientific.com. For those unable to participate at that time, a replay of the webcast will be available for 90 days on the Company's web site at www.milestonescientific.com.
I agree. 4 on the bid and 5 on the ask right now. Wish we were wrong but looks like we are not.
Sorry but we are waiting on Q2. Q stands for quarter. There are 4 quarters in a year. Jan Feb March are Q1, April May June are Q2. Those are the results posted in August. You can't post Q3 since we are in the middle of Q3 now.
No Q2 is the results from April May and June. They are released by Aug 15. Q1 showed a loss. We are in Q3 now. Q3 is July Aug and Sept.
I am predicting a loss for Q2 based on expenses related to acquisition costs. There will be an increase in revenue however the costs associated to the acquisition will cancel them out.
Just a guess.
I fully admit I am a Flipper. I have an average cost at .00051 and have a GTC sale order in at 0.10 I am just waiting for the day my order goes through.
It was confirmed when I called and talked to them. They said they do not release that information and then they gave me PM's phone number so I could call him. I did call him and had a very interesting conversation after 2 very short calls which ended because he was in meetings. I am a firm beliver that this will run again.