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Thats why I suggested temporary. This vote is more important right now. You or Maine can switch back to current sticky after April 18. I will even write it out. Let me know.
READ IT AND WEEP ! ! !
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mainebuys wrote:
Tuesday, March 19, 2013 2:41:23 PM
Re: None
Post # of 7284
R/S Bad BusinessYou will never receive the same percentage of profits post R/S as the Directors, employees, consultants and board members will.
Hypothetical:
You now own 100,000 thousand shares at .02 PPS, market value $2,000.00 dollars
For some reason PPS per share rise to $1.00 dollar, market value $100.000 thousand dollars.
POST R/S 1 for ten split:
You now own 10,000 shares .20 PPS. market value, $2,000.00 dollars.
For some reason PPS rise to $1.00 dollar, market value,
$10,000.00 dollars.
In the above plausible Hypothetical by voting YES (or not voting at all -added by me- ) on a R/S you just lost $90,000.00 thousand dollars.
In the above plausible Hypothetical the board members, directors, employees, and consultants are now compensated with your $90,000.00 thousand dollars and your money problems become even worse if PPS post R/S falls.
Do Not let this happen.
R/S Bad Business. Vote no R/S
Undecided yes/NO to R/S???
When I voted this morning on proxyvote.com, there are three choices;
For | Against | Abstain
Please, if you really are not sure, vote "Abstain"! Atleast let it be a fair fight. If you do not vote, they (the BOD) will vote your shares to support the R/S.
If you do NOT vote, you ARE voting YES to R/S!
What do you think about a temporary sticky (til April 18), Titled How to Vote No Reverse Split.
Opens to an easy step by step quick guide.
You'll have to give it a couple days. Also some may not want to devulge. Also, I know of at least one member who doesn't own any shares, just pretends he does, so he can come here and play with himself. lol
1.8M/voted: NO
I dont think you need a special link. The reps don't know much. Get your control number, pin number, and head over to proxyvote.com. I voted this morning, and I know it was/is valid.
Yea I think so. Again, I had to kinda pry it out of him. He put me on hold for a few minutes. Probly got a manager to obtain the control number.
Also, when I did vote, I was allowed to hit a check box for an email confirmation, and I received one.
LMAO...Well, maybe we might need him?
I'm gonna hang some F'ing CHADS!!!
I just voted!
"Against"
I had to call my broker (scottrade) for the control number. At first, he said I should have it, and he didn't know it. I pressed him a little, he put me on hold, came back on with the control number in question.
You will also need a pin number, which was my last 4 ss. The voting process on proxyvote.com was very simple.
oh be quiet!
uh,... by getting the contract. If AFTER the contract doesn't prove sufficient to be relisted on the Nas, THEN you come out with possible r/s. Speaking for myself, I would be much more accepting of an r/s If the contract was signed to Boeing for Assaays and reagents (revenue). Hell, any sale, mband international customer, Dragonfly sale, anything!
No one seems to want to address my concern that the TIMING of this r/s is suspect. Again.............
WHY COME OUT WITH AN R/S ON ANTICIPATION OF A BILLION DOLLAR CONTRACT???????????????????????
WHY????
Google "reverse split". Read for an hour on all the companies that did this. There are just a handful that won from doing an r/s. And those particular companies were nothing like psid. a r/s is pretty much a lose lose for shareholders.
Why come out with a r/s just before anticipated 3.1 billion contract to Boeing when you stand to make millions in revenue via assays and reagents???
I am not anti psid. I own over a million shares. I am pissed off that they came out with this r/s literally a couple months before the big show was to start. Why not do the r/s back in Sept 2012. WHY NOW!?
No one has a legitimate scenario here. Because it stinks and they can't justify it. Bull and GF, don't bother using my posts to further your negative agendas. I am not negative psid tech. I am very dissapointed and suspect as to this proposed (and likely to pass) r/s! I see it as a threat to take my money. If Boeing gets contract, psid gets contract to service mbands, then I'm almost certain that would be enough to get back on the nasdaq. An r/s right now is BS, and anyone with a brain knows it. If they say otherwise, then they are foolish, or are pushing their own agenda.
Why this timing? Why not keep their r/s mouths shut, get the contract, then see where the pps goes, and if need be, then bring this r/s to the table. I do not like the r/s and will vote no. I really don't like psid pulling r/s crap on the shareholders just before a contract is anticipated. It smells like poo and suggests something is wrong.
All that gooey feel good crap "rationale" is code for something is wrong with psid right now. I'm more affraid of why now in the 11th hour of obtaining the Gen3 contract, that they would want to do this r/s.
They can get the contract and attract more investors by getting the contract. An r/s is a Bad thing and is usually done by much bigger companies that actually have revenue. A r/s for this company won't attract anyone. As far as the less auth shares propping up the stock value, it won't work in this case, and it is likely they will just increase them in the near future.
No, something is up here. The timing for this is very bad. You dont tell the world you're about to be be a huge success, then say just before it is about to happen, "btw, we want to do a reverse split. Isn't it great!"
IMO
me too...
When, Nashhub1?
LOL... Do you have any info to answer your own question?
Please check into it, and let us know
Hello, we can't predict anything. Look to the tech patents that psid has and owns. more speculation is unproductive at this point.
GL
Is that you, Allison Tomek?
lol
jk
Oh Yea.... Something right out of left field too. Like, a nice little international Dragonfly contract worth 10mil, give or take.
yea we could. This rollercoaster ride, who knows... A fantastic PR bomb could be dropped at 8:30am. Don't anyone count on that
It aint pretty, but we've been down this road before. Not with an r/s on the table however. Funny thing is, I kinda almost expected a bigger initial drop right after the r/s news. Weird. I sure hope for ANY revenue producing news to come out before end of month, but we'll just have to wait and see. The Gen3 decision is expected BY June 30. Still a ways to go.
We need to sell some Razor Blades, or maybe even some Razors!!! Like, yesterday, or at least before they went public (horrible timing) with the dumb idea of an r/s.
I'm with scottrade and have my preferences to receive proxies via email. Below is a copy/paste of the part you are asking-- latest PSID DEF 14A sec filing.
-------------------------------------
VOTE BY INTERNET - www.proxyvote.com
Use the Internet to transmit your voting instructions and for electronic delivery of information up until 11:59 P.M. Eastern Time the day before the cut-off date or meeting date. Have your proxy card in hand when you access the web site and follow the instructions to obtain your records and to create an electronic voting instruction form.
POSITIVEID CORPORATION
1690 S. CONGRESS AVENUE, SUITE #201
DELRAY BEACH, FL 33445
ELECTRONIC DELIVERY OF FUTURE PROXY MATERIALS
If you would like to reduce the costs incurred by our company in mailing proxy materials, you can consent to receiving all future proxy statements, proxy cards and annual reports electronically via e-mail or the Internet. To sign up for electronic delivery, please follow the instructions above to vote using the Internet and, when prompted, indicate that you agree to receive or access proxy materials electronically in future years.
VOTE BY PHONE - 1-800-690-6903
Use any touch-tone telephone to transmit your voting instructions up until 11:59 P.M. Eastern Time the day before the cut-off date or meeting date. Have your proxy card in hand when you call and then follow the instructions.
VOTE BY MAIL
Mark, sign and date your proxy card and return it in the postage-paid envelope we have provided or return it to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717.
Im venting about childish "investors" that come here whine and cry foul?
Guilty!
What does that matter anymore? What good will it do you? Who cares?
Is this some type of emotional "venting" board now?
I realize the r/s has many disgruntled, but to sticky or post here, as a supposed real psid investor, a bunch of lies and garbage is very suspect to me. Why do that if you really have money in psid? Again, lies designed to do nothing but short the pps.
If a poster truly does have money in psid, posting falsehoods and lies is foolish, to say the least!
All of us who have money in this stock should not tolerate this.
JMO!
I repoted to TOS, updated my last post. Sparkey cut and pasted from Yahoo Finance msg boards. I saw it over there. It's BS!
Hey Bull. That is nothing but a bunch of hypothetical crap and you know it. Why would you sticky it???
I just reported it to TOS here. Bottom of sticky for all who want to follow my lead.
These types of bitter train jump'n post use to piss me off. Now, I just chuckle.
Take care 411guy.
Signed,
Denial
Yes, POP... these teamings (or not) concerns were addressed months ago. Two people from this board confirmed the BA deal via emails and/or phone calls to BA. The members which did this are reputable. I, and am sure most others do not doubt that the teaming and Li agreements are valid. However, if you decide to call BA yourself, and get additional verbal confirmation, I'm sure we'd all like hearing that as much as you would. Let us know.
Thanks,
Lets hope they're in discussions. They should be. Until Bill creates an alias and tells us everything, we will always be speculating on possible future outcomes, spouting doomsday scenarios, and panicking on this board. There is really not much sense to any more of it. We need concrete deals on the table, period.
pps was .23 at that time. This fact is important when posting this type of information.
sshhhhhhhh....I'm hunting wabbits...
Well put. GL in your future endevers, silence!
This post just may need to be a sticky
get'em while they'er hot! I would, but i'm all done buying this one. I have a lot! My retirement will be spent traveling the world, or just the USA. By the end of this year I'll have a much better idea. LOL
Thats a good analysis. The question for months now is "why" MMs are pressing so hard. Accumulation, seems to be the consensus. I'm really looking forward to real news, and if the shorters get hit, so much the sweeter
We sure could use some! Feb 20th, Iglucose news (which wasn't much) feels like a year ago! Anticipation can be exhausting.
Do not go any where KB! Your postings are respectful, informative, and very interesting!
Thanks
If psid is "unraveling" now, what was it doing this time last year in comparison to the positive PRs and teaming agreements, deals, etc, today? I say it's moving forward to betterment. I believe some people just can't handle the rocky road and maybe should get off and out of the way.
Not offended at all. I'm too old to get offended anymore. lol
Lackluster share price? I'll give you that one. Obviously it is right now.
"Likely future"? Your insinuation sounds like a prediction of failure. Is it really fair to the board to make such a statement? I don't think that helps me or anyone in progressing with the current issues. JMO.
Your "stating the obvious" is only your perception, IMO.
I, for one, am certainly not in denial. I said my piece about going negative vs questioning issues re: psid. Just hoping to persuade a more positive and productive "bantering", that's all. JMO
Its all about perception. If you play with fire you might get burned. Or, you might get warmed up and be able to cook a nice steak.
I say to all here... If you don't like psid, are disgruntled, can't stand the heat, are fearful of losing, please get out of this stock and maybe consider staying away from investing entirely. You aren't cut out for it.
coming here and having anxious fits really just shows who you are and reveals your back side.
Not directed to anyone in particular.
Boeing, SAIC, SSG, Mband, Dragonfly, easycheck, are all still in play. You can focus on doom, or you can measure the good against the bad and decide for yourself to stay in or cut and run. I just don't see why people feel the need to publically (here) scream and hollar foul, when they can just sell and hit the road. We should keep it positive as I believe going negative does nothing to add value here.
questioning things is not being negative. Saying things like "psid is going to sheet" or "Bill Carogol is a crook", IS negative and helps nothing.
JMO