Realist
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DKAM needs to be bought out. With all their deals they need a big company to come in and pit money in.
Hurricane Rick
I am an investor and when I lose money I take it very personally. As for being a consultant - NO.
I just do a a lot of calling around when I think I've been scammed and I try to call management to get answers.
I post on a lot of message boards and try to follow many micro cap companies to get a major investment return.
I love micro caps - I hate lying CEO's
I guess you can consider my theory stupid, but was George stupid a few years ago to raise capital the way he did and then after getting busted he made some outrageous claims?
Was George stupid when he issues a press release and says his engines are being shipped? They've never been shipped?
Is George stupid for making claims that his engines are going to change the way the entire automobile industry is going to switch to his engines?
Was George stupid for signing a financial agreement & arrangement with Dutchess that is basically a toxic deal.
Was he stupid for screwing shareholders just so he can make his salary?
Is he stupid for giving his son a high salary job?
I think labeling anyone stupid for an idea is stupid.
I think you need to do your due diligence and then realize that the CFO is a consultant, not a full time employee and therefore his investment in the company could be put in question. I am not suggesting it is illegal, I am not suggesting that the CFO did anything wrong, I am simply suggesting that the investment came at the same time they announced a capital raise and the capital raise terms are based on stock price and discount to stock price.
STUPID IS STUPID DOES
Forrest Gump was called stupid, he now runs the Bubba Gump Shrimp Company and has all the money in the world. He never made a bad investment and always looked at things from different angles.
If the CFO bought 20,000 shares at 22 cents share that would mean the investment was $4,400 dollars. The question is did the CFO use his money of did the company lend him money to make the buy because the best bid was 18 cents a share and George is worried that if the stock goes under 20 cents a share the recent loan he got for $78,500 in the form of a promissary note would dilute alot of investors, including him. The loan/note is at a 40% discount to market.
The deal really dilutes shareholders and is basically at 12 cents a share. It's going to be another 700,000 more shares into the market. Iam sure their are some covenants in the deal/loan that ensures and insures the investor from losing money. If those covenants are broken the issuance of shares will far exceed the 700,000 shares.
sonnyman
your post is absolutely ridulous
its not about stock price, it's about market cap.
the market cap of a company is what represents an increase or decrease in the stock price.
with the total amount of shares outstanding today, combined with the fact that DKAM will need to raise additional shares, which means more shares hitting the market, will mean shareholders will continue to see a decrease in their stock price, even if the market cap remains the same, but in all of my years i have never seen the market cap stay the same
it always goes down.
dilution is expected when raising capital or making an acquisition, but if you think someone is going to invest in DKAM through a private placement and not want to own a majority of the company you are dillusional
Drinks America stock will never go up because of the following:
1. They have signed contracts and agreements that only benefit the celebrities.
Each deal was done in the belief that the 'stars name recognition' would sell millions of bottles. The payout to these STARS is too high and will never show a return on investment to Drinks America.
2. Management - In a small company the management is the most important thing. Patrick Kenny does not know business.
2 years ago I asked him - "WHEN WILL YOU BE RAISING MONEY?"
HIS ANSWER - WE DONT PLAN ON RAISING MONEY.
He was trying to convince me that his cash flow from the THEN CURRENT operations was going to support the growth.
He was DEAD WRONG!!!
3. Share Structure - the current share structure combined with the toxic financing means the stock will continue to decrease.
4. Fiscal 2010 sales were $890,000, a decrease of $1.6 million.
The prior year they did $2.4 million
That is a huge decrease.
5. LOSSES will always occur. If you take into account their SG&A and contractual obligations to the STARS, the company can not ever make a profit.
6. Cash Flow is never ending in the red.
7. CASH - On April 30 they had $203,552 in cash.
They owe $6 million.
They cant even afford to make interest payments on some of their long term debt.
8. Products - Some may like their products and some may not.
The bottom line is that sales are down, returns back to DKAM from distributors and stores are high and that puts them in even further debt considering they have to pay back the distributors ASAP.
9. Management - I know I mentioned it before, but I can't stop thinking the few times I spoke with Patrick Kenny. In simple terms he is either a very stupid businessman, or said what he said to me to try to get me to buy the stock or hold (not sell). Either way, management, combined with current contracts and agreements and a terrible balance sheet = LOSSES
10. The fianl reason - Who the hell drinks Reingold Beer and who in the world thinks having a PIGEON as a mascot is positive.
Hurricane Rick
I am willing to wager money that you are a coates shareholder and you would rather live in a fantasy world rather then reality.
It is OK for you to criticize me as you did in your last post.
But at least I am not dillusional or dont understand the truth (FACTS) that I gave you here today.
Usually my intelligence overwhelms people.
Usually simple minded people criticize the truth.
Usually shareholders that did no due diligence lose money.
I noticed that you criticized me rather than confirm my reply to you regarding the money coates got from its partners (or as I stated - money they did not get)
Yooo
You, nor I can demand any sort of a stock buyback. I understand your terminology.
You are suggesting a buyback of $10K worth of stock.
Here is my problem with that:
1. How do you know insiders have $10K
2. Why dont you buy $10K worth of stock if you think it is undervalued?
Just because the stock is 0001 a share does not mean it is a good investment opportunity
Just because insiders are insiders does not mean they think 0001 is a good investment opportunity.
I once worked for a public company and I loved the company, its management team, other associates, senior executives, and to make things even better the company was making money, profitable management was respectful to its employees, but the P/E was very high and most people thought that it was not a good investment.
Shareholders 'asking for' stock buybacks are very inconsiderate.
INCONSIDERATE:
1. How can any person ask another person to buy stock in a company.
2. How can any person spend another persons money.
It is inconsiderate and downright offensive.
As for my 2nd point up there - I am not telling you to buy stock, I was simply asking you why you wouldn't buy $10K worth of stock. I am eager to hear your response to my question.
Yooo
Insider buy back?
Who are we to tell insiders how to spend their money. Money is very personal and the concept of buying stock in a company that you are employed at does not make sense unless you are wealthy and your investment can be a complete loss.
My first question would be if insiders are wealthy.
My next question would be - if they are wealthy then why do they have to raise capital which means they issue shares and dilute themselves.
Insiders already have a large position and adding to that position with personal money does not make any sense.
Yooo - before you demand a buyback THINK about all the variables.
Hurricane Rick
I suggest you call the company and see if they ever received those funds.
Those payments are very much like the press releases coates issues - never come to fruition.
YOU NEED TO CALL THE COMPANY AND THEN NEED TO UNDERSTAND THAT JUST BECAUSE THE COMPANY EXPECTS PAYMENT TO BE MADE, DOES NOT MEAN PAYMNENT WAS MADE.
AS FOR THE PRESS RELEASES COATES ISSUED - THEY WERE INCORRECT
The one thing I dont know is if the press releases were false, illegal or needed a retraction after the funds never came in.
That is a legal issue.
So you see Hurricane Rick - your understanding of the company is based on your opinion.
My posts are FACTS
jamesdond
why do you care if someone promotes the stock?
you are one of these same people that has made it clear you have a personal issue with coates
people invest because they can make money.
people make money off of bad companies
what is it to you if someone invests in COTE
if they can make money off of a bad company then so be it
you have blasted George Coates for sometime now - you have the right to do it, but your posts on this board have been more personal and opinion than factual and independent
you can do whatever you want (and no one can or should stop you), but when it comes to money and peoples investment decisions, i think you are one of the bad people because you continue to personally blast coates management and give your negative opinion
who are you and who the hell am i to give people invest advice
unless you post FACTS (as I did) and leave your opinion to yourself you have no credibility
Why are you people criticizing management for dilution, dumping shares, reverse splits, and stock price?
Tesoro has made their financials public, they never lied to you:
Their revenues are what they are.
Their cash flow is negative.
Losses have always been there.
Balance Sheet has always been negative.
Their business does not generate cash.
All these things make it clear that Tesoro needs to raise capital (issue shares and dilute current shareholders) - You people to blame yourself for not doing the necessary homework before you invested.
It's not like things went bad in an instant - these things I mentioned have always been public and if you did your homework you would've know.
Enron investors can blame Enron management
Worldcom investors can blame Worldcom management
These 2 companies had management that lied.
Tesoro management probably never lied - they always issued negative financial statements.
You people think that buy owning 10 million shares of a $0003 cent stock that you will be come a millionaire because IF IT EVER HITS JUST 1 PENNY - you make money
Get your theories out of la-la land and do your homework
stop blaming Tesoro management - start taking responsibility for your own actions.
THE TRUTH
All the people that think COTE is a good company need to relax
All the naysayers that think COTE is a bad company need to relax
All the people criticizing George Coastes and the rest of the management team need to relax.
You all need to do due diligence (these are facts - not my opinions):
1. George Coates has been arrested in the past and charged by the SEC.
2. Coates has yet to make a sale or delivery of one if its engines.
3. The company and its management team has raised $22,267,993.
4. Coates signed a finance deal with Dutchess
4a. Dutchess does toxic financing - stock value never goes up because they dump their shares onto the market.
4b. Coates raised $22 million+ and they still need to do a financing.
4c. Coates has ZERO money in the bank
5. Salaries:
George Coates
2009: $269,231
2008: 242,466
George gets a $300,000 base salary effective immediately, car allowance and many other incentives.
Gregory Coates
2009: $158,653
2008: $135,924
Gregory also gets benefits and allowance.
6. The company has issued press releases announcing delivery dates of its engines ---not one engine has ever been delivered.
7. The company has claimed to be selling these engines to companies (example - Well To Wire) and a few others --none of these companies are legitimate companies that I have been able to do the due diligence on.
My point and purpose for this text is simple - believe what you want, write and post what you want -- but the TRUTH (FACTS) dont lie.
If anyone wants to ciriticize me for this post - you are criticizing the TRUTH (not opinions).
Good luck to everyone
IPWG share structure
can someone provide me with the outstanding share count.
PinkSheets.com has a number from 2009.
I did not see any SEC filing or a number published or released by the company.
JAMESDOND
You made your points:
1. You know a great deal about engines
2. You had the opportunity to meet with George a few years ago to get an explanation about his engines and had discussions about design, manufacturing and operations
3. You are not an investor but want to do the right thing and let us know that Coates is a scam
4. You are in California and don't really care about COTE - you are posting on this message board as a favor to shareholders
5. You have no vested interest in Coates and you have determined that the engines will never work
You have proven many points to us - what is your next objective here since you have made us all aware of your intelligence and kindness for shareholders.
What do you want to prove next.
TSNP PRESS RELEASE
A press release issued by one of the 3 major wire services costs on average $800
For TSNP to issue a press release they would have to raise capital to pay for the press release. At $.0001 a share, they would have to issue 8 million shares.
Do you want the company to issue 8 more million shares into the market.
I am assuming that you know the company only had $752 in the bank on June 30th. They do have a business that is losing money so that means they probably dont have the $752 any longer.
Look at the 10Q - it speaks for itself.
Why do you think a press release would move the stock. Who in their right mind would buy a company that has no money in the bank, revenues that are down, cash flow that is negative and 800 million shares in the market.
You do know that with 800 million shares at 0001 a share the company's market cap is $80,000.
Is Tesoro worth $80K?
looking for at least a 50 cent stock based on current revenues, balance sheet and cash flor.
50 cents with the shares out in the float is doable
Dude
You need to read the posts.
You are promoting GLTY in one post.
You are criticzing the Tesoro in another post.
You are telling people to be patient in another post.
And in one of your posts you think the company should pay you.
You have an agenda that is not inline with Tesoro and its shareholders.
At least I did my due diligence, posted on this board my analysis and do not hide the fact that the fundamentals of this company do not make it a good investment at these prices.
The success and future of this company is based on the acquisition the company wants to make.
Facts I give you my good man, not opinions.
there is going to be so much dilution with this company a $100 investment is going to be sold via private placement at $50 and that means my $100 would be worth $50 at deal terms and then another 50% discount when the private placement investors sell their shares.
In other words, my $100 should be worth about $10 within 2-weeks
i just got into this one
i am looking at a 5 bagger here
I think the potential for upside is in this company. I am looking at cash flow and see some positives for the rest of this year
The company lost money. I dont know where you are reading in the press release that the company made money.
Check out the 10Q. They lost $203,157.
If you are calculating a profit from the press release, then you need to go bavck to school because Gross Profit is not NET.
Issuing a press release on Businesswire, PRnewswire or Marketwire costs about $700.
The company in the 10Q reports that they have $752 dollars in cash on June 30.
For the company to issue a press release on one of the wire services means they would have to give someone about 7 million shares. More dilution to investors.
Pacific Sands (PFSD) - I am starting my due diligence on the company. Aside from the Q&K information, can anyone give me guesstimates as to when the company will become profitable.
What if anything is the company doing to strengthen the balance sheet?
NNLX - where will the stock price end up by friday
I am starting my due diligence on GOIG
What are revenue expectations for this year
What are EPS for the year
How is the company financing itself
I bought NNAN
I am long on it
Remember what I said in my previous post
NNLX - 45 cents before months end
NNAN - 15 cents by months end
I hope NNLX does their background checks on who they retain
They once hired a guy by the name of Randall Goulding of the Nutmeg Group
Here is the link:
http://www.allbusiness.com/company-activities-management/research-development/5361563-1.html
Randall Goulding got busted for stock fraud
Just Google Randall Goulding SEC lawsuit
FYI
The outstanding shares and float shares will increase substantially once (IF) they provide PinkSheets with the actual number.
I called the company yesterday and tried to get real answers and unfortunately they did not provide me with anything.
Yet again, I ask real questions about the public company and I get no answers
and for some reason a few of you on this board would rather delete me and banish me from this board
would anyone on this board be upset with me if i shorted the stock and made a profit from my short position
Listen to yourselves
you want to delete my posts
all i did was ask about outstanding shares, revenue, profit, balance sheet
for asking questions i am going to get deleted.
you can delete me, but don't ever say i didn't ask good questions
gobadgers
thank you for your post
If I may, with a follow up
1. Outstanding shares have risen each quarter. NNLX issues more shares to someone so they can bring money in. The stock is probably given at a discount so I am worried that the constant issuing of shares is going to dilute us.
2. Minimal assets as of 6/09. where is that filing.
I looked on PinkSheets and SEC.gov and I do not see any filings with a 6/09 date.
There last 'Q' filing was April 10, 2001.
Where can I see the balance sheet.
3. Revenues - where has the company provided direct comments or projections for future revenues.
I am not bashing, I think my questions regarding assets, liabilities, revenues, shares, projections, etc are all questions that any investor asks.
If my questions insult you, or for some reason make you afraid, please feel free to admit you are scared and prefer not to receive posts from me directed at you.
It's OK to be afraid. I would say all people that use an alias, not there real name, are afraid of others, especially from people that ask real questions with real value.
Don't be afraid, just answer my questions and be on your way.
Since nanoLogix does not issue a 10Q or K, does anyone have the following information:
1. How many shares are outstanding
2. What does the balance sheet look like
Assets
Liabilities
3. Revenues
Past
Present
Future Projections
4. I see that NanoLogix comes out with press releases, but not one press release refer to revenues, clients, assets, debt or anything that can allow me (or any investor) to determine a fair market cap for the company.
Is NNLX just a pink sheet company that someone pumps and sooner or later will DUMP the stock and all shareholders will be left holding worthless stock.
When is the next quarterly filing?
I would like to see the numbers before I invest
NNLX has no revenues, no money in the bank and no revenue potential. Can someone explain to me why or how the stock ran up???
RETRACTION
I received this email from JGS@TRACKPOWER.com (John Simmonds) at 9:14am this morning, and therefore am happy to retract my initial post and all other posts I've made since.
You have one opportunity to retract this publically before i commence a defamation of character and slander suit. You said in your first email to marc you had no reason for this attack. Be a man and admit why you are doing this. I didn’t care until you posted this on a public website. The accusations as you know are not true and easily proven to be false, ie number of marriages, legal fees on marriages, my father’s name(john is not any part of it) newlook consolidation of revenues from wireless age is proper accounting and if we didn’t consolidate that would be illegal. My brothers will be more than happy to testify in my defence and verify my history in business particularly my role in glenayre. So my friend from new york do you really want to start a fight or do you want this all to be forgotten. If you decide to retract this i expect it to be done quickly and you need to admit that you are a disgruntled former consultant. Please respond and retract this week or i will go public. I’m sure your other clients won’t be impressed with these false allegations.
I have absolutely no ax to grind with WLSA, John Simmonds or anyone else regarding an investment in or with John Simmonds companies. I hope this makes all of you happy and since am adhering to John Simmond's email by retracting all that I have said, I am avoiding a lawsuit.
I am sure this now will make all of you happy and now we can all move forward.
Good Luck to all.
RainmanOregon
My last post was 100% real.
This company hasn't a chance in 17 lifetimes to become profitable. This is a dog with fleas.
So what can be the expected EPS for EXPU in the next filing.
I am eager to see the potential this company has. I recently received some information from their investor relations person and since then have been following the company.
RETRACTION
I received this email from JGS@TRACKPOWER.com (John Simmonds) at 9:14am this morning, and therefore am happy to retract my initial post and all other posts I've made since.
You have one opportunity to retract this publically before i commence a defamation of character and slander suit. You said in your first email to marc you had no reason for this attack. Be a man and admit why you are doing this. I didn’t care until you posted this on a public website. The accusations as you know are not true and easily proven to be false, ie number of marriages, legal fees on marriages, my father’s name(john is not any part of it) newlook consolidation of revenues from wireless age is proper accounting and if we didn’t consolidate that would be illegal. My brothers will be more than happy to testify in my defence and verify my history in business particularly my role in glenayre. So my friend from new york do you really want to start a fight or do you want this all to be forgotten. If you decide to retract this i expect it to be done quickly and you need to admit that you are a disgruntled former consultant. Please respond and retract this week or i will go public. I’m sure your other clients won’t be impressed with these false allegations.
I have absolutely no ax to grind with WLSA, John Simmonds or anyone else regarding an investment in or with John Simmonds companies. I hope this makes all of you happy and since am adhering to John Simmond's email by retracting all that I have said, I am avoiding a lawsuit.
I am sure this now will make all of you happy and now we can all move forward.
Good Luck to all.
WLSA stock price (up or down) will determine who is right and who is wrong.
Good Luck.
If you think WLSA is going to go up, I would love to know WHY.
I would love to have a reason to buy the stock and make money, but I don't see it.