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FYI, make sure you are holding at least a little IBCS. Looks like big things are coming very soon. Someone form the IBCS board just discovered tonight that there is a new link to the website: http://ibcradio.fm/
Could have something to do with the new teck they have been saying is just around the corner.
DB, I have not been following the schedule close enough to know if that is a new show or not. Like I said earlier, been a long busy Summer! Anyway, the 2nd link is very very very interesting! Could that have something to do with what we are waiting to hear from D,D and Lou?
By the way, anyone trying to follow DB's link, it appears to be a little old. Link tries to take you to another page as soon as it loads. It took me a couple of times, but click on IBC as soon as you see it, the other page may try to load again, so hit the IBC link one more time and as DB said, LOOK at what your webbrowser says!
muley, I still say that unless this tech news knocks us off our feet, we are going to have to wait a little while longer for our real gains. D&D really seem to be building a great future for IBCS and for those of us invested. As long as they keep on this course, I have no problems waiting.
Thanks DB! This Summer has been crazy for me. I am as busy as I have ever been at work, my assistant is on maternity leave and I have been looking for now planning a move into a new condo here in Chicago. Looks like the markets have pretty much stunk all Summer, so I have not missed much!
Anything new today? My guess is if this tech news is a real blockbuster like we have been led to believe, they are going to hold onto it until everything is in place. WIth one fell swoop, we could be out of this range forever.
BTW, any hints bout increased revs during Q2? It will be interesting to see how the pps reacts in the days leading up to the 10Q report if we have not been given the tech news by then.
Keep a close eye on GBLL in the AM. Website for foreclosure searches launced as promised today. Could bring some nice action tomorrow.
Keep in mind that they did file a S8 a couple weeks ago as well as a mention of a possible future R/S. Structure stayed steady last week at about 230,000,000 and mgmt does not appear to have any current plans for the R/S, so there may be a nice run there.
Good luck nkad! Please make sure you don't drink too much tequllia and propose to the wrong girl!
Danny, your posts are becoming old and tired. Just what is your game here? Since you have been posting here, there must have been multiple times for you to get out even or higher. Heck, even if you are at a loss, if you really hold shares and hate the stock like you seem to, best thing to do is to sell for the tax loss and move on.
If you hadn't have had sooo many chances to trade out in the .03's, maybe things would be different, but you really are starting to sound like you may be nutti from RB undercover. Heck, just like him, you won't call the show either.
I will almost guarantee you that within 7 trading days, we will be back in the .03's. You may want to put your sell orders in now, so you do not miss the opportunity.
push, please post here about what he says. I am off to meet a banker, then back to the office. I will not be able to listen today.
TIA
OK, I am watching the O'Reilly factor right now and have come to the conclusion that is a dimwit like Michael Moore can make over $100,000,000 on a ficticious movie, then Urban can sure as heck create a multibillion $$$$$ diamond company!
kennedy, the current valuation for the CMKX claims is coming from what other companies are willing to pay for them. In the long run, the value of the claims will be determined by the value of the minerals mined from them. Right now, the value is based on pure specualtion and specualtion is fueled by whatever knowledge the experts are able to get from the surveys and test drillings.
Kind of like the stockmarket, eh?
zent, looking at last night's pr, we now know that the O/S for CMKX is at least 75,000,000,000,000. I would bet that we are at least at 150,000,000,001, so that Urban still retains full control of the company. Now, the biggest question is, how many free trading shares are out there? Nevada Mining has restricted shares and I would bet that any that Urban still holds are locked away as well. We know that if my calculations are correct, we are not going to see a cash dividend as many have claimed, so we are left to play the short and maybe the building of value in CMKX.
Now, how many UCAD shares do we get? The company is only going to pay out what the real dividend is, so if there are 200,000,000,000 shorted shares, then the MM's will either have to cover, or short UCAD into our accounts. With the small O/S of UCAD, shorting that many shares would create real Pandora's Box for the MM's.
Whtever happens, I am glad that I have a ticket, albeit from the cheap seats. Sure is fun to watch on a daily basis.
Danny, simple fact is, you claim to own IBCS, you also seem to complain about just about every day of the week. First, why in the world did you buy a stock that you don't seem to want to have? You must have had ample chances to trade out at least at a small profit by now! Second, if you do have questions about the company and you really own shares, don't you think it would be a more constructive use of your time to pick up the phone and call the show? What other stock is out there where you can actually call up on the live show and ask the principals tough questions about their company?
Seriously, since you came to this board, all you have done is complained. Yes, this is an open forum here, but there are times that your posts start to look like you had an agenda here from day one. Just call the show. It really is an easy thing to do. I have only done it once, but I have a full time job, so I don't get many chances to call. Sure will be nice once they are on the air in Chitown. I will be able to drive in my car, listen to them and call in while driving to appointments.
Finally, just call the show and air your greivances already!
GBLL bouncing a bit today. Yesterday's letter to shareholders appears to have eased the fears of many about an immediate R/S. COuld be good for a bit of a run into their launch this weekend.
Problem is janice, I still think there is money to be made with CMKX. You on the other hand have always been a "the glass is completely empty" type of person.
end, no way to tell what is going on here with CMKX. That is why I only thew some beer $$$$ at it and intend to hold until the end of the game. This one does truly boggle my mind, but they sure do tell good stories, which could mean a nice return down the road. It is clear they wanted to make it clear that Nevada Minerals had no previous connection to CMKX.
Obviously, everyone in this circle being created seems to have connections to Nevada even though all the claims are in Canada. Whatever happens over the next couple weeks, the only thing we can be sure of as of now is that it will be very entertaining.
end, if I am correct, the CMKX pr stated that the Nevada Minerals is a completely unrelated company. I think they were trying to squash any talk about a possible scenario like you just mentioned by putting that in the pr.
OK< one thing the PR definitely tells us is that the O/S must be over 150,000,000,000. If not, Urban would have just handed over the keys to the car with the 75,000,000,000 for this land. In fact, if Urban is keeping total control of the company, we would then have to assume that there are at least 150,000,000,001 and that would only be if we are all holding shorted shares. Very interesting that the PR stated that Urban will not be getting any of the dividends now. Does this mean that he just gave up all of his shares?
The 75,000,000,000 being resticted is good, but it appears to me that URban has valued his 40,000,000,000 that he gave up at just a hair over .0015. Why did he max his take of the profits from the new land at $62,000,000?
This PR leaves us with quite a few questions. We sure do have a lot of land now, but what is the value and how many shares do we have out there?
DB, looks like something new almost every day now. We really do have the potential for a snowball effect here as everything starts apoppin! By the way, I wonder if that link on the bottom to Symantec is a public service, or if we get paid/hit or sale?
Not me bob, I have not bought, nor sold a share here since May 2003. I am starting to get excited with everything going on. Sure looks like they are going to have some pr's soon by what is going on with the website.
I like that one penny!
muley, yes I do care about the shot term too, but still feel whatever happens now is only a minor blip on what is yet to come. I just don't see the tech news popping us to a level where I would even consider selling any of my shares.
We all know it is a big risk to hold an OTCBB for as long as many of us have done. So far, D&D have done right by us. The only problem I had was the Clark fiasco, but they appear to have learned from that. I have now been here for over 18 months and have seen only 10,000,000 shares added, yet have seen the company make tremendous strides in setting itself up for the long run. They keep building like this and one day we will all be very happy people.
I guess I am one of the fortunate ones that has a very good paying full time job. I can afford to leave my money sitting here for an extended period of time w/o changing my lifestyle. On the other hand, traders and dreamers looking to get rich quick on the pennies cannot be that patient. We witness that all the time. Look at gzabitterbidder, he was so impatient, he never even dd'd a stock!
All in good time here. Maybe the tech news will turn the heads of every OTCBB investor and even some big board investors too, but history tells me that it will only be a brief pop. When/if IBCS grows the revs and profits to a critical mass, then we will no longer be held down in this range and we will fly.
muley, the thing is, I just don't care. All I care about is that they continue to build the company with minimal dilution. As long as they do that, we will all be very happy one day.
As for the tech news, I am still betting on a quick pop, into stagnation. There are forces out there that are keeping us down and the only way we are moving up is by geting the revs and profits to a point where the stock just screams buy to all of the investors ou there.
penny, even our military is denying the story, but you never know.
ot, but scary:
Found on drudge today, some are trying to deny this story, so I don't know how true:
Nuclear arms reportedly found in Iraq
BAGHDAD, July 21 (UPI) -- Iraqi security reportedly discovered three missiles carrying nuclear heads concealed in a concrete trench northwest of Baghdad, official sources said Wednesday.
The official daily al-Sabah quoted the sources as saying the missiles were discovered in trenches near the city of Tikrit, the hometown of ousted Iraqi President Saddam Hussein.
"The three missiles were discovered by chance when the Iraqi security forces captured former Baath party official Khoder al-Douri who revealed during interrogation the location of the missiles saying they carried nuclear heads," the sources said.
They pointed out that the missiles were actually discovered in the trenches lying under six meters of concrete and designed in a way to unable sophisticated sensors from discovering nuclear radiation.
The sources said al-Douri, who is related to former Vice Chairman of the Iraq Revolution Council and Saddam's right-hand man Izzat Ibrahim al-Douri, was captured after Iraqi police intercepted an e-mail message in which he set a meeting with another former Baath official.
The report could not be authenticated by the interior ministry or the national security department, but the paper noted Iraqi Foreign Minister Hoshiar Zibari made a surprise request recently to Mohammed el-Baradei, head of the International Atomic Energy Agency, to resume inspections for weapons of mass destruction in Iraq.
Copyright 2004 by United Press International.
All rights reserved.
Thanks joye. I have $$$ in CMKX, but never have followed what sterling said until I saw a few posters here and on RB thinking that what he says is gospel and this double short/cover thing must be true.
Were all of his theories this far out of wack?
funk, I too thought sterlings double theory was pure lunacy! If he did go to the races, he must have inhaled too many fumes!
I do not know if sterling was actually privy to some "not generally known" information in the past, but I do believe if Urban had been letting anything out in the past, Glenn has now muzzled him. This leads me to believe either:
1) Sterling was not really at the race and created this himself to cover that up.
2) Sterling was there, but Urban was not talking, so sterling wanted something to say.
or
3) This was a plan concocted by Glenn and Urban to make the shorts think that the general shareholders and company are too confused to ever get out of this short. If true, this could help Glenn and Urban sneak the final death blow in.
Take your pick, it could be any of the three.
fu, good luck to you! I hope you do stop by once in awhile. From the start, you have been one of the most level headed investors in IBCS, so your opinions have always been appreciated!
Terrence, hopefully all the new advetising has us bringing in some more respectable revs now. Keep in mind that this is still really a start-up. No one knows for sure if we are going to make it or not. THe OTCBB is a pure crapshoot. I believe in IBCS's case that the dice are gonna hit us a Hard Eight and make us some good $$$$$.
Terrence, I have been in this stock for over a year now and will never be able to figure this one out! The company has added all of 10,000,000 shares in a year and i am quite sure if you call the show, both D&D will admit that it was a mistake that they won't make again. Other than that, they have been building a solid all around company. I can't even begin to count the stocks that are 10X our current pps and don't even hold a candle to us!
My best guess is that if the tech news doesn't flat out knock us off our feet, we better get some more snickers bars! We appear to be holding the only OTCBB stock out there that will only move when the fundamentals scream out how undervalued we are. Let them build the station and the listener base and everything will take care of itself. The only thing we need worrry about is that D&D may some day succumb to that great temptation of printing shares. As long as that does not happen, my shares will be treated like gold!
Thanks phat! Either way, even if they just get us one new affiliate, they would have done more for the company then Clark did for his shares!
I just love the way this company keeps building. If they keep this up, they will in fact be one of the very few success stories from teh OTCBB.
Thanks DB! With this new push for affiliates, I am starting to wonder just exactly what this new tech is. If it were a tech to get them on the radio across the country(ie. the transmitters they pr'd earlier this year), then we would not need to be making such a push for affiliates. The tech has to be something else imho. Sure am getting antsy to see what this tech is. Might be something that blows us all away!
DB, or anyone listening, did they say anything about this on the radio? How are they paying this company. Heck, even if they give the company 10,000,000 shares like they did Clark last year, we should at least get to see some benefit out of this one!
PieSky, one thing I will tell you is that if CMKX keeps this up, my Etrade account is going to get pretty darn confusing!
Anyway, there is no way to tell how many shares of CMKX are out there by this 40,000,000,000 share dividend. If we have 20,000,000,000 O/S, then all shareholders would get 2-1. On the other hand, if we have 400,000,000,000 O/S, then all shareholders would get 1-10. So we are still in the dark as far as the share count goes.
Two quick thoughts:
1) Not the best sign in the world that this other company has 40,000,000,000 to give to us. The guy is a Casavant, so that could mean we have a higher share count than expected.
2) On the other hand, potentially great news that CMKX actually has $1,000,000 to invest in CIM. This could mean that Urban did in fact have the cash reserves to retire a large amount of shares.
Either way, it sure looks like they are trying to do something here. Two dividends in two nights is not a bad thing. I would expect more news to be coming down the pipe any time.
Well, I don't see this news as being enough to start seriously forcing a cover of naked shoring. Yes, there may be a little covering as those who hold naked shorts(if they are really there)see something going on to begin to uncover their positions. IMHO, to get any real pop out of today's news, we will need to see strong f/u pr's to this one. One that could be very promising for the shareholders would be an announcement that the dividend will be paid in certs. If that comes, anybody short would have no choice but to cover, because it would prevent shorting of UCAD to pay off the CMKX shares.
Well, I do think the pr may in fact get us back near .001, then we will have to wait from there. Hopefully Urban has a couple more tricks up his sleeve!
Jeff, in my inebriated state, I was going to ask if in fact, gzabitterbidder was Shay, but that is too good of a story to make jokes about!
lasombra, thanks for the links to the news. Unless they are going to let me race the car, it does not get me too excited. I Want news on the short. Time for Glenn and Urban to let me know just how f'd the shorts are!
Let's hope you are right push!
The fact that you posted someone on CMKX was asking who NITE was. I still hold CMKX, but don't really post there.
push, did they say that one the radio?