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Photochick .... looking forward to seeing your next red hot pic ..... which you mentioned earlier.
maddog ... just remind me when are we expecting the PR?
IKE keep your nappy on for power hour so you won't miss the share price holding its ground. So few shares in issue, why do people keep buying them only to sell them and double or tripple trading the same shares all day.
The more you trade the more your costs will be and the less your profit will be.
Why not sit back, wait for news, then enjoy the ride.
mgrego, if the company controlled the patents, it would have been taken over some how, some way a very long time ago.
This will fall back before it finally rises in my view. Once you have a huge spike in one day, and have more than 1bn shares in issue or more than 2bn in this case, it becomes a shorter's paradise.
Also, Linda Grable is very old .... so if anything were to happen to her, I hope that the licensing agreement would be re-negotiated, or that her estate would re-contract with the company to continue it's present arrangement.
That's another question for the next time I call her, but I'm not going to go into it on this board.
Fair do's to her though, when we spoke she said she speaks to several shareholders every day. Also, I left her my mobile number on her voice mail and she returned my call three times, but missed me each time.
A day of consolidation is good. It shows people are happy with their shares, that there is no mass sell off, the people are patient and can see the longer view and the wider picture.
Something tells me IMDS will crash down to earth sooner than later.
A strong company is one that keeps its house in order, and work diligently to its end goals.
mgrego Linda Grable confirmed to me in the last month on the phone that she still owns all of the patents.
Read that again everyone, all 35 of them.
The patents are licensed to the company in a written agreement, but she owns them. Not the company.
It sure is MrSmith. I got in earlier at 0.0023 for 325K. Got my brand new trading account with Charles Schwab set up just today.
Took a toss up between IMDS & FEGR but I really think FEGR has mmmmuuuccchhh better prospects. Long term and even short term.
Also got sent an alert about WGAS today as well. Gona look into that one too.
Shame I couldnt get into Treaty (TECO) last week. It was 2c then touched nearly 7 today. I hope it comes back down. I know they have huge acreage in Belize and have just expanded in TX too.
ihub is broken today! lol no prices or trading volumes.... well I can't see any ....
What's wrong with ihub today no prices or trading volumes .....
silkyballer with this company its best to wait and see when the PR does actually hit newswire. We've all heard the people touting ....ah yes...news will be out next week..... or the week after...guess what ..... it quite possibly might be! lol We will know when it arrives! Simple!
This company is without doubt working extremely hard behind the scenes, but in an effort to try and please shareholders, they have previously said news will be out on a certain date and it doesn't come out, but comes out eventually. They have done this on multiple occasions, which is why the share price didn't run when the news of the merger finally came out.
The traders have clearly gotten hold of this one, and you are no doubt trying to hype up the sp for a quick profit of maybe 20 or 30% instead of letting this company realise its true potential and head back to one penny even in the short term.
I've learned which companies to invest in. Learned it the hard way, but learned well.
moxy7 that is not guaranteed ... they are hoping to win more contracts as you would expect them to. It doesn't say they expect to make an announcement soon.
Let the news come out then let it run.
Nadendla - as far as I'm aware, they only have the merger with Intermedia to announce what is the other one?
News will come when the time is right. We all know what we are expecting. Let's hold our shares when the news breaks. Then the MM's will have no choice but to keep raising the price so we break sub penny land once and for all.
Some people who post on here need to be clear.... a sharp hike in price creates demand for the share.
It brings posters here who know the company, to create further demand by posting sensible discussion about the company and why the price has moved.
The reason why the price keeps falling after a spike is because of the traders, who have posted that they sell every time there's a spike. Best not to humour them. I can't even read their posts any more as they're on my ignore list!
They are the architects of their own misfortune. It's not the other way round as some seem to think that people saying nice things with sensible reasons why the company is going to do well is bringing the price down!
Best to look at the bigger picture here. It's amazing and if you buy just 500K and hold them for two years, I have a feeling you'd be very happy with the outcome.
Always due your due diligence, but don't listen to the logic of the traders, they just want their nice set up to continue!
Absolutely pocketchange couldn't agree more!
This company has all the bad news behind it. It has dealt with those problems successfully, come out stronger, wiser and ready to move forward in new areas strongly.
Also, soon to be free of debt if not already.
The CEO Tom Morgan bought in at 03cents. Anyone who thinks he would allow a takeover of the company at 01cent is very mistaken. Very mistaken indeed.
The share price was in the 20's cents range last year. So many good things have happened since then. So many good things are in the pipeline.....
naturalborninvestor thanks for your post. That was why I said it was an excellent fit with IDVC.
It compliments their project management side very well indeed.
Intermedia's TV production arm adds another string to IDVC's bow.
Not a bad thing in my view.
Tom Morgan the CEO bought in at 03cents he's not gona sell at 01cent. Get real people!
Ok, well best to wait till you get home and read my post ... not just the title so you can see what else I wrote.
Take care sweety pie! lol
Angel .... sweety pie ... did you read the rest of my post? LOL
So ... reasons why the rise today?
Maybe news has leaked out that news is on the way! lol Maybe the merger negotiations are looking good and someone from the team has let slip to a friend ... who has phoned a few friends and told them to buy in ....
Maybe we might be about to get news on successful bids on other contracts, increasing gas conversions or new contracts, or something else ....
I just get the feeling that over the next few months, once the silly Europeans, otherwise known as Angela Merkel (as Germany controls the EU really! lol) finally start allowing the European Central Bank to issue bonds, and boot Greece out of the Euro or write down even more of it's debt.
However, the feeling I really get is this ... that this company has really done an excellent job bringing it's debt down to negligible amounts which should be gone in the next few months. Has continued to work to mitigate and deal with contract disasters which are well and truly in the past, continue bidding on new contracts, look for new areas to diversify into to create multiple income streams, and finally look for new partners.
I still think they might go into another new area as well. I get the honest feeling that Tom Morgan is the kind of person who can learn about anything he decides to learn about.
I'm looking forward to his success as a CEO and have already told him I think he really is the best person for the job. Twenty years experience, in the main are of the company's work, means twenty years of contacts, project management skills, knowledge and bridge building. People only last that long if those dealing with you know you for your word and can trust you.
Trust is hard to earn, and can be lost in a second. Sorry, I'm just reminding myself why I'm invested here.
Have a good one .....
Talking of Ask Hole's .....
I always remember a scene in Trading Places when Dan Ackroyd, playing Lewis Winthorpe III (should have been arrested just for the name! LOL) gets arrested, and the Police Sergeant tells him to strip. He refuses and the the Sergeant tells him to strip or he'll tear him a new Ask hole!
When someone really pisses me off, I often say that to them ...yup someone will sure tear you a new ask hole some day .... but that won't me! lol
A small suggestion for the Moderators .....
Hi, I've only just joined this board and am still taking it all in.
I must admit, I'm on a lot of email groups for message boards like this one on ihub.
Often, I get these emails when I'm out and about while using my phone.
One thing that would really help me to know that an email is from this board, and therefore much more worthy of reading carefully, would be if you started any email from this board with PINTO. So I'd know just from the title which board moderator it came from.
It would really help so much.
Many thanks.
Jimmy
Can anyone find any news releases to explain the huge price hike ...not that I'm complaining!
Seriously .... no trades all day?
Why do people sell when the best is yet to come! LOL
Excellent News - Read this Message to see highlights
Ok here are the highlights:
1) For a $400k investment - which will be repaid by 2013. They will expect to make $3m in three years!!!!
FIMA is also in negotations to buy another resource project - NEW TO FOLLOW!!!
3) All seems like excellent news to me!
CALGARY, AB, Jun 18, 2012 (MARKETWIRE via COMTEX) -- Fima (PINKSHEETS: FIMA) has entered into an agreement to fund Warwick Mineral Resources Ltd. ("Warwick"), a Ghanaian company to expand and develop the company's operations in Ghana, West Africa. Warwick is a Canadian/Ghanaian owned mining company, licensed by the Government of Ghana as a Mineral Services Provider. To date Warwick has invested a total of $1,600,000 in its current project. Management of Warwick are seasoned professionals with considerable local knowledge and many years of hands-on experience within the mining industry in Africa, Canada, and the USA. Warwick has been exploring/developing and mining in Ghana since 2005.
Bruce Luckman is the Executive Director of Warwick and manages day to day operations in Ghana. He has had 35 years experience within the resource industry. He has served as an officer and director of public companies trading on the Toronto Venture Exchange as well as the US OTC Marketplace. He has been directly responsible for the start-up of several producing gold mines in British Columbia, Canada, Nevada, USA, and Ghana (Ampenko and Apunyase). Mr. Luckman was born in the United Kingdom and educated at Warwick School. He is based in Accra, Ghana, and Vancouver, Canada.
In Ghana the company is headed by its Managing Director Dr. Johnson Manu B.sc Geology, M.sc Mineralogy, Ph.D Mineralogy/Economic Geology, and an MBA-Finance. Dr. Manu is an accomplished writer, and is the author of numerous publications relating to African gold deposits and their geology. He is a senior lecturer in geology at the University of Ghana. Educated in Germany, Dr. Manu speaks fluent German as well as English and many local dialects. He has served on the board of several expatriate companies as a director and technical advisor. Dr. Manu has a wide range of contacts both political and within the mining industry, in Ghana and throughout Africa. Both Mr. Luckman and Dr. Manu have agreed to join the Fima Inc. Advisory Board.
Fima will initially invest $ 400,000 USD by way of secured loans to Warwick in exchange for a 10% royalty interest on the company's gold production. The funds will be used for equipment purchase (to increase production) for the company's Vincent Property and for working capital. The loan shall be repaid based on 20% of the net gold sales per week and is expected to be fully repaid by February 2013. In addition, Fima has been granted an option to acquire 10% of Warwick. The company estimates that the project will produce $15,000,000 in gross revenue during the next 3 years.
Although slightly smaller than the US State of Oregon, Ghana is the second biggest producer of gold in Africa. The country is stable, has a multi-party democracy and very liberal mining laws. It is rated as one of the most business friendly jurisdictions in Africa. Its population is relatively well educated and has a strong work ethic. The country is a major exporter of gold, diamonds, manganese, and bauxite. English is the major language and the British "rule of law" prevails.
Fima and Warwick have agreed to use their joint expertise and contacts to develop other mining opportunities of merit in Ghana. The focus will be on mature properties with the potential for early production and cash flow. Deposits of base metals, strategic minerals, and rare earths will be part of an ongoing exploration program conducted by the Fima/Warwick team. Exploration programs will be funded by cash flow from operations.
Fima is in negotiations to acquire a further resource project, and will advise shareholders when such negotiations conclude.
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," believe," "expect," "future," "may," will," "would," "should," "plan," projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of FIMA Inc. (the Company) to be materially different from those expressed or implied by such forward-looking statements.
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
For further information please contact:
FIMA INC.
Email Contact
INVESTOR RELATIONS:
CONTACT:
Mr. Jeff Berkowitz
1-561-743-7793
SOURCE: Fima Inc.
CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=057DF7399E6C116A
Copyright 2012 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Real Estate and Construction:Construction
Manufacturing and Production:Mining and Metals
Looks like MM's are short of shares if the bid is higher than the mid price!
Ask the shorter's or Mr Paulson .... especially in light of his famous testimony .... "the markets are not behaving the way we expected them to""""""""
Maybe that was because he hadn't got off his proverbial and regulated them. Markets are not rational. Read the book Predictably Irrational if you want to find out why!
If every government bans short selling, we would all be a lot richer after buying the shares of a genuine company like this.
Till that happens, governments are basically, pi**ing on the heads of their entire populations!
Well it's only lunch time so plenty of room to close higher....
So it will still shoot up on news then as there are so few free shares readily available huh?
Yeh it's just the 2bn shares in issue that puts me off getting in here.
Did I read correctly .... are they doing something about people shorting the stock and taking measures to stop it?
Well looks like I missed the boat again.....
Well MM games again huh?
MrPoppa Have a look at what every other pink sheet stock is doing today. This is market maker games. Nothing else.
Still waiting for Interserve Merger completion too
Just finalising the DD on the financials as they said to nupapa.
IDVC completes merger with Cleanfield Energy.
Cleanfield is rolling out it's compressed natural gas (CNG)conversion business USA wide. With all the new reserves of shale gas coming on line son in the USA, this will become more and more important as an alternative fuel to petroleum and make the USA energy self sufficient. Cleanfield is also actively bidding on contracts for CNG conversion of vehicles.
They are also finalising another merger with Interserve which already operates in the exact same field as their main business - project managing small contracts for organisations like the US government. They project manage things like the building of secure accommodation for Embassy Staff.
Both IDVC and Interserve are also actively bidding on contracts. To bid on a contract you sure need to do a heck of a lot of due diligence. You need to understand all the specifications, come up with a design, cost it then bid. Not an easy job.
Also Interserve has a television production arm which is doing well.
This stock has been as high as 23cents in the last year. I see no reason why it shouldn't return there.
IDVC has yet to also update on contracts in Thailand as well.
The company is now debt free!
IDVC completes merger with Cleanfield Energy.
Cleanfield is rolling out it's compressed natural gas (CNG)conversion business USA wide. With all the new reserves of shale gas coming on line son in the USA, this will become more and more important as an alternative fuel to petroleum and make the USA energy self sufficient. Cleanfield is also actively bidding on contracts for CNG conversion of vehicles.
They are also finalising another merger with Interserve which already operates in the exact same field as their main business - project managing small contracts for organisations like the US government. They project manage things like the building of secure accommodation for Embassy Staff.
Both IDVC and Interserve are also actively bidding on contracts. To bid on a contract you sure need to do a heck of a lot of due diligence. You need to understand all the specifications, come up with a design, cost it then bid. Not an easy job.
Also Interserve has a television production arm which is doing well.
This stock has been as high as 23cents in the last year. I see no reason why it shouldn't return there.
IDVC has yet to also update on contracts in Thailand as well.
The company is now debt free!
Everything still to play for with AUCI. Patience needed.
See the IDVC board. They've just completed one merger with Cleanfield Energy and are finalising another with Interserve. They are also going places fast like AUCI!
Remember, DD still being done on the Interserve takeover as well! It's a matter of when that merger is completed rather than whether!
Pardon me for saying so .... I have never shorted a stock ever .... but even Bloomberg said yesterday that FB is the most shorted stock on the Nasdaq at the moment.
Taking into account everything that has gone on with this stock since the company floated, I see the long term trend heading down to $20 at least if not lower in my view.
I hope I don't cause a riot for all those who are long? I'd like to buy some for my 401K but not at the current multiples of earnings.
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