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Very funny that CEO's initials is the same as that of the infamous profanity, BS!!! HA! HA! HA!
I am so doomed! The pain in seeing this dip to sub penny. Is there any hope left? What's going on? No sales? Losses?
The trouble is management is not effective enough to sign a deal with a China counterpart that can greatly benefit them. Remember the big hoo ha about the Far East trip made by the CEO. Only benefit from the trip was a deal signed with Vietnam. The biggie which is China was not within their grasp. I am just wondering whether management is just shooting blindly in China. I have read the bio of Hunt but is he the one with the right connections in China. The last quarterly report tried to raise the hopes of investors with a promise that their next aim is to get to the China market. I'm still waiting & this is still sinking to .01.
OK, I will hold you to this. Its yr prophecy.
Will this Hunt person kick start the China biz connection cos it has taken so long for them to do so. Since the CEO's last visit to the Far East early this year, there has been no inroads on the biggest logistics market in Asia, China, which supplies zillions of goods to our country. They need to work much smarter & get an alliance closed with a reliable China counterpart cos its hurting the PPS.
Getting concerned about this company's operations, no word on any progress in their Asia markets. Its very worrying, wouldn't it be better if they concentrate on the domestic market if the Asia markets is not yielding anything? They have an office in Asia, it may not be cost effective to operate long term & pay someone to do the job if there is no sales.
Nope not my loss. Cos I have invested in several OTC & Pinkies. More than enough to learn the hard way. Will probably sell out by end of this year if nothing else happens which I think will be the case. As stated in my earlier post, the best I can see is a max PPS of about .05 by mid next year 2007.
All these phone conversations with Jim etc is BS. Why is Jim so free to spend time talking to every investor who calls in the 1st place? Doesn't he have anything worthwhile to do with his time since he claims he is trying to get more deals?
I am recalling another thread on RSHN.PK where there was also a flurry of phone calls to the CEO & all the hot air generated. Just take a look at RSHN.PK yo-yo PPS. Up, down, up, down. No real growth if you ask me. Sure, you can capitalize on the dips. But if you are waiting for the biggie, the one that will net you say like 100K when it hits .10, then you will be disappointed.
Its just the way PKs are, lots of hype. Show some substance, sales figures, growing revenues, re-orders, new clients etc, then I'll believe you Jim.
Seeing is believing. Too much of what the boss said to whom on this forum. Talk is cheap. What I want to see is solid figures, how many units sold, how many contracts signed in the form of a public disclosure or press releases. Heresay is worthless. Then again, we still have to contend with the MMs who love to capitalize on dips, bring it up, bring it down, bring it up etc...
Sure would like to get in on this one, now that it is going down after the E coli spinach episode is almost over. Problem is no more spare cash to buy.
You are referring to that UBS, the Swiss bank. If you are, I am amazed cos I thought these institutional investors just go for blue chips on Nasdaq & NYSE.
I have a miserable 100,000 shares. Don't have any more spare cash to buy any. Just hope PPS will rise.
Which stock turned you into a millionaire?
I know a lot of us are having $$$$ dreams. But has anyone of you ever hit pay dirt with a stock like in becoming a millionaire?? I have yet to come across a forummer who has admitted to it.
Just wondering out loud cos I have kicked myself many times before when I see other OTC stocks like PTSC.OB & UGHO.OB that went from like .03 to like $1 and even up to $2 for PTSC within a period of 6 weeks. Just like that it skyrocketd!!
Yeap, its always the MMs who mess around with the PPS & upset the retail investors.
I think rise in PPS is more in tandem with the stock market sentiment overall which is optimistic right now juding by the Dow index hitting 11,700++. I don't think any Europe deals will flow in so soon as they just did a biz trip there. Probably next year if it materializes.
I don't read charts well, care to explain what will happen to PPS with golden cross? Will PPS rise hold for long or is it just a short gasp & dip real fast?
Its the MMs who are playing with this, they are out for a quick profit, capitalizing on the dips. So, I think there are still a lot of MMs out there who may have bought this at .01, sold at .02, wanting to buy back at a lower price. So, its up, down, up, down. That's my main concern with these pain in the ass MMs cos longs are going to wait a long time to reap any good profit if the formidable MMs keep messing around here.
As for audited financials, when is it coming out end of Oct or early Nov?
Yes, I know it will go to .05 but the question is when? With a PK stock or OTC stock, MMs are out for a quick kill. Profit taking is always their concern. They rather go on the short term profit take rather than the long term cos the long term will stretch too far. I don't know perhaps .05 will be next year 2007, somehow I don't see it happening this year with so many MMs preying on this.
I doubt .05 so soon. This is driven by MMs, they will want to take profit now as they would have bought in the .01++ range. So, it will dip. But, if they can get Europe like Nokia etc to take up their offer which may take a while, perhaps next year if successful, then it may go above .03.
My prediction was right on target to hit .02 this time in early Oct.
My prediction was right on target to hit .02 this time.
2 cents seems to be within reach perhaps this month or early October. Not sure if it hits 2 cents will it hold or flop back to .01. How are the MMs going to play this??
Then pray tell why is the price going down & up to a certain point & then going down again. The pattern repeats itself. It never gets a chance to soar!!! A good & reliable stock with a future and good products can & will have its PPS going up & up. I have been trading for a long time on OTC & PK. This stock in my opinion has too many shares flooding the market. So, I can see you have too much emotion attached to it. You can definitely go your way & I go mine. This is a free country, I am entitled to my own opinion & there are other like minded ones like ME!!!
To hit .05 would be a miracle but I think its hard, too much dilution!
Can anyone explain to me why this was at a high of 27 cents in July as noted in the highs this year BUT the charts do NOT show it???
When will this friggin thing stop its massive dilution? Can't even move up to .03. What are they doing with China since the last audited update? This is one hell of an inept company. I need to move up to .03 before I can sell so get their ass moving man!!!!
Puppman, question for mgmt, if not included on yr list yet.
1)What did they mean when they said the China deal "was inked". As a shareholder, I find this very misleading that nothing is now in the works. There is a HUGE market out in China, to use the word "inked" frivously is a very clear sign that management it totally inept in recognising the value of a China automotive market. Ask them to explain it in plain English.
2) What happened to the Thai distributor, are they selling anything yet?
3) Why are they mindlessly dumping shares & diluting it so much? It will be worthless to us soon if they don't stop the slide!!
When will they ever stop the damn dilution? Its hurting the PPS like crazy.
Am I spoiling the party by saying with or without audited results, the PPS would still languish around the .01+. It may be a long uphill climb back to .02. There are just too many shares being issued that it has diluted this stock severley.
One optimistic poster even said there could be a rise of 1000%!! Oh come on, that's too much emotion attached here.
Having suffered painful losses with other stocks, I can certainly say that toying with your emotion on this one is going to backfire.
I wish I could be more positive but I can't when there are powerful MMs controlling the PPS & massive dilution going on.
Are they still taking yr calls? Are they evading the China deal still? Can't believe they gave false hope that the China deal was "inked". What exactly happened with the phantom China deal?
Is this going to tank big time again to sub-penny? I just bought in last week at 0.011 & was hoping to sell it at .02. Are we ever going to move up or MMs are going to drag it further?
Is the downward slide due to the uncertainty over the revenue & that a Qtr release would help stabilize it?
Any word yet on China deal since their last CC that was pronounced to all that it was "inked"? I find it strange that they are not forthcoming with the China deal. What's up? Fell apart during the last minute?
Also, what's the point of presenting to Congress? Bush & his oil cronies & their lobbying will make ethanol so insignificant that it will have zero buzz.
Give me the China deal any day, that is, if there is even one as I am now more or less convinced that its a PHANTOM deal!!!!
It could be that DHS does not want the public to know about the deal or has this filed under classified category. Perhaps, CKYS went ahead with the PR against the wishes of DHS. But even then DHS can also pursue a lawsuit against them for releasing the news.
Is this the beginning of the end? Puppman has been silent so far, has he gotten in touch with the company to find out what's going on? I need the truth, this stock is hurting bad, am I the only one feeling the pinch? Should have sold much earlier.
Well, China deal still on or off? Still, no word yet. Are they still playing Chinese checkers?
About that China deal? Seems too good to be true after reading what some of you posted. Is it really inked? Or are the Chinese dragging their feet? Or is there some cultural misunderstanding that is not leading to any progress on the China deal?
Get that damn China deal up & away as I am sick & tired of seeing this devalued!!
I have doubts about this company for a year now since I bought it & regretted it but no I am NOT a basher. See my previous post. As I said historical prices played a part here, go & look at what were the prices in 2005. You will see the same pattern. Good luck to you if you think it will ever hit 0.03. It has not and it won't ever. Too many shares floating in the market. The company has overissued shares. I don't believe that for the Asia Pacific market you can only rely on Vietnam to propel the company forward. The company talks a lot about trans Pacific trade to beef up their business. Vietnam is so small compared to big gun China. Did they get any China contract? Answer: No. Why? Go figure it out. Go to any Wal Mart store, tell me, how many items are made in China versus made in Vietnam. Herein lies your answer. I chose Wal Mart cos its ubiquitous and is one of the biggest sources of products made in China.
Sorry to disappoint you. This is going nowhere near 0.50. Its going to tank fast. See my earlier post.
I disagree with you. MMs are going to trick us again & again & again etc!! I too bought in at 0.02++ but I had worse luck than you becos I held it for about a year. I should have just stick to day trading & sold it off within a few days once I see a profit could be made. Sheer greediness got hold of me. I've still got tons of it to sell, started selling but need to offload ALL! This company is NOT going anywhere. Too many shares issued, lots of people holding shares & also lots of buyers coming in. Sooner it will plunge back to predictable 0.01++ then back to subpenny. I need to EXIT & with some luck hope to recoup my initial investment. I guess the rest of you can go along with your piped dreams while the MMs wreck havoc again. I can see them rubbing their hands in glee NOW!