Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
dude the email response I got is from the source "dustin" himself. you are right he knows more than you and me on what and how he is going to do business.
so, if you hear such words (see my previous post) from him as a ceo do you feel comfortable investing here???????
jmho
thats the scariest part otherwise this stock would have been at multiple pennies by now. Dustbin doesn't want this to be any more than .005 and if it reaches that level he starts his printing press again..
Sounds strange but true: I brought up the dilution with him couple of times back in July timeframe and all i heard is
"well this is a pinksheet stock blah blah blah and expect the dilution" never heard him saying I am serious about the business and want to bring it to the next level.
jmho
let's do some basic conservative math here
now the title is gone and there goes the $400K liability. I guess next Q filing shows positive equity for sure.
ANDI generated 150K in revenues from the APPS business. Lets for the heck of it assume ANDI does no more than $200K per Q for the next 3 qtrs.
that is around $800K in revenues and with 35% net margins as in last qtr means around $250K to the bottom line.
with $250K profits and with 1 billion O/S (assuming no more dilution), considering 20 to 30 PE is around $5mil to $6mil market cap which puts the SP at .005 to .006.
sounds cheap at this price should I buy? should I wait? Should I buy? should I wait???? If I decide to get in, I only hope Dustin wont throw another dilution bomb at us. would not believe these crooks anymore.
jmho
No retail sellers at this price and dustin and gang let the bid build up and dump millions of shares at the bid. look at the trading yesterday. 10 mil shares dumped at 17 in 2 or 3 batches.
that's 17K free money for these crooks to celebrate their new year party. Ask dustin to update the O/S He won't do it until next Q I tell you
where is title divestment by 12/31 (tomorrow???) Its another P&D to dump the stock by dustin and gang. jmho
you mean help dustin to take the A/S and O/S to 10 billion or something so that he and his buddies can dump all the shares on families and friends.
Be real I have no faith on that dustin guy believe me I have not made a penny on this stock my bad did not sell in time on last run believing dustin and thinking this stock reaches multiple pennies.
Too late to realize its another p&D by dustin and his gangsters.
jmho
Its been three weeks since the A/S or O/S published guess what another 100 million down. Do dustin has guts to publish the latest numbers? I guess not.
jmho
what else do you think? Dustin and his buddies throwing shares cause even if they sell at .00001 they make money.
Someone posted here about stock to the moon after December 31st what happened to all that pumping from Dustin and his gang??? LOL this stock is going no where.
Who will pay anything for that title company? Dustin, no one believes in your P&D anymore get real its all done. you lost faith period.
jmho
heard the rumor that the company made ton of money from title divestment. is it the case? If they made money of it that is exciting. jmho
Is it another dustin's way of pumping or what. good lord!!! Stop pumping and start focusing on business growth all I see here is A/S and O/S growth... lol jmho
dude you happen to find this POS when it is trading at 52 week lows and no one else cared about this. Not every one of us is so lucky here. I bought at higher levels believing all the crap that dustin put out there to pump this POS so that he can dump in the market.
When this stock dips back to triples or may be .0001 then we all know how much faith you have on this CEO.
gl
jmho
are you serious ron or are you just making it up? I got pissed with dustin for my 5K loss still here to figure out good entry point. Hope you sleeping good in the nights.
jmho
May be Santa is getting a surprise on Dustin behalf to all shareholders. good luck you definitely need it.
jmho
"weak hands sell is the best time to buy and accumulate 30 million or more shares"
Who are the weak hands guess you are not talking about dustin and his gang.
I see there are millions and millions of shares up for sale at every uptick (.0015 to .0016 to .0017) don't think any retail holder does that because the reason any of us buy shares is to make money not lose money so these unlimited shares must be coming from insiders beware..
jmho
"and after being so confident on andi's future lately i've realise that the reality of pinkies has just hit me one more time. we are al pumpers when things are running our way and dumpers or bashers when our money is being washed out"
Good post and I was in the same boat as you were when I first found really felt its a diamond in the rough and exchanging few emails with the CEO I got even more confident but getting into reality that dustin is no different from other pinky CEOs and this ANDI another P&D story.
I will be glad to be wrong for the sake of other long holders here..
jmho
" I pushed for share structure updates, we got them.. no support from shareholders." I agree on this with you
" We asked to produce profitable quarters, no support. " ANDI is not there yet and with Dustin always telling half-truth I don't believe it unless I see it.
We asked to sell title, no support. We asked for Android apps, no support. We asked for more PRs, no support.
sell title what are the terms? one pumping PR saying we are divesting title wont do any good.
Android apps other than hiring some company for migration and diluting another 100 million into the market where are the apps and when and where to expect them on android?
We have asked for so much and ANDI has delivered every time. We have asked for uplisting and share buybacks.
Dustin always a small surprise with a big shock its hard to believe him anymore
jmho
don't mean to question your position and interest in the company. its your money and your wish what you want to do with it. But knowing dustin actions last few months (dilution, selling stock etc) it sounded funny when you said share buyback.
I will be really surprised even if ANDI makes a dollar from title divestment. if that is the case, dustin would have pumped it all over the place. if he is quiet means
either he is screwing up the shareholders or things are not positive.
jmho
$7200 give me a break dustin and gang ready to take even $500 its free money for them.
When I first invested in ANDI (or TITL whatever), the O/S was less than $150 mil. The O/S was balloned to 800 mil or so in the name of acquisitions and then the acquisitions never closed
Action Apps supposedly funded by Dustin from his pocket with $150K and no shares issued. Now tell me why the O/S went up 500%
In the shareholder letter back in October dustin said no need for R/S and no need to increase A/S as the company is profitable two weeks down O/S went up 100 million and A/S went up 500 million.
Any answer for this?
if dustin really uses them for growth and/or acquisitions noone issues and Sp should have skyrocketed now. He is running dog and pony show here no facts nothing.
scared. right? Now you know how shareholders invested above .004s and 5s feel because they know it will never get there again
jmho
That makes your share count close to 200 mil or something if I remember correctly. Mannnnnnn.. you guys must be super rich and don't care whatever happens to ANDI or here with some hidden agenda pumping the stock knowing the facts...jmho
man I couldn't resist laughing my a** off when I read the posts like this. Share buy back... hahahahahahaha give me a break ask dustin and his gang not to dilute anymore and keep the O/S and A/S in place for the next year or so this stock will go up.
Now you come on this board and talk about share buy back. so funny... how about release some details on title divestment how about andriod updates no reason for you to pump this knowing the facts unless you are part of the gang.
jmho
ok friend I will give it up now. Lets see how long it stays there and what dustin brings to the table if any. We will know ANDI true colors in few months.
Dustin,
if you are reading this board (im sure you are) remember this
It takes as much time as "building a Rome" to gain trust but it takes a mere one day to lose it.
I am tired of these pinkies and dont think ever take a peak again.
good luck to you and your believers....
jmho
I disagree with your thoughts. That 50% increase in A/S is insane imagine 500 million new shares hitting the market.
Its not a question of increase its the ethics. go back and read dustin put out a shareholder letter couple of weeks before the increase that "company is profitable and no need to increase A/S or reverse split" blah blah blah now I know he is another pinky POS CEO.
If you think that 500 million increase is the last one I suggest you go back and read all the filings then you understand where I am coming from. Let me tell you this again "this dustin guy is here with an agenda and that definitely not in common shareholders favor.
Again where is Android apps? what about details on title divestment? how about a PR on what to expect for the next 2/3 qtrs?
btw, how about that upgrade that dustin talked about quite a while ago. Do you think he is going to upgrade the listing and get into SEC or FINRA scrutinization. He will never do it its all P&D
Good luck man. its all jmho
None of these plans or apps or whatever works as long as the CEO and his buddies throwing the shares in the market for peanuts in the name of preferred holders. This stock will never go anywhere but into triples. Dustin has an agenda but that is not in favor of common shareholders for sure. mark this post.
jmho
This scum bag CEO has no ethics he is diluting the stock happily pocketing the change for himself or his buddies while the investors losing their as* here.
Its been couple of months since he hired this firm to do Android migration nothing happened any news on title nothing you don't hear anything its all drama to pump n dump by the insiders. beware.
This stock is heading for triples period.
jmho
This CEO is a crook and never disclose anything specially related to shares and SS. projected as if this company produces half-a-million or so in app revenues and never told the true picure.
don't believe him and never invest if it goes to triples that the end of the story.
Great Job lousy nuckle head CEO.
jmho
Its all fishy here look at the PRs mr dustin will never tell you a full story because he knows what happens when shareholders know his agenda.
he made it look like as if all the downloads happen after he acquired the companies and zoomed from 2 mil last qtr to 9 mil for the qtr 10/31. now comes financials the revenues went down by $50k.
Look at the SS. agent is gagged. He wakes up one morning and increase the A/S 50% and now see constant selling of the stock. If Mr. dustin is so confident of this
"why not put your money where your mouth us". Any details on divestment of title you will never hear anything I guarantee it.
jmho
Glad to see finally someone understood my point. Dustin is a big liar. I contacted him quite a few times back in June/July timeframe and not so surprisingly he replies anything other than your questions on shares
Anything he can pump he is right in the front seat. These are unregistered shares him or his buddies selling in the market (oh BTW this is a pinkie with no accountability what so ever) and one fine day he will raise the A/S to 2.5 billion blaming pref. holders or some other story. When he filled his pockets he can turn the lights off and close the doors. period.
Look at the revenues. downloads went up 4 times and revenues are down. give me a break. something fishy here.
Dustin, if you have guts do some conf. call or something or put evetything out there on what the plan for the company and what we see in the next qtr or two. you can't cheat investors for ever otherwise you end up in .0001 for sure.
mark this post. Look at the transactions for the past few weeks let the bid build and throw the shares at the bid. these crooks know they don't make money unless they sell atleast a million shares.
Mark this post. this is coming.
jmho
I told you soooooooooooooooooooooooo... look at the revenues last QTR with 2 million downloads company made $192K and this QTR with close to 9 million downloads they made just $147K how can that be???? Think and think... you get the answer.
This dustin guy is a big smoke and mirror nothing else. next qtr it will even be worst believe me he is not a honest CEO and this company POS is no different from other BS pinkies.....
jmho
welcome! I feel that this company is done period not many investors believe anymore all the P&Ds dustin put out there.
mark this post. jmho
yes sir I did all my DD and found that dustin is no different from other pinky ceos don't care about shareholders don't give a damn about SP as long as they make money and fill their pockets.
lets see we are not too far from reality dec 15th is the date to know his true colors glty
you never know with this CEO.. killed the last rally with 50% SS increase don't know what he puts out tomorrow may be something that kills this stock and back to triples again
don't want to take chances this time and lose my shirt glty though.
jmho
Its me caused selling pressure today. Got in between .26 to .30 last week thinking that it goes up this week with earnings close by. I was wrong and couldn't take too much loss and flipped it today with my 4 million shares.
may be I should stay away from ANDI and Dustin... glta.
that is the biggest problem I see with ANDI: lack of clarity. Dustin announces 10 things and never giveout details on one thing. sometimes I get a feel that he is hiding something from shareholders and if he is here to build the company or P&D and ripoff shareholders.
jmho
Revenue details from last QTR (05/01 to 07/31) straight from source:
"We are working to divest the title division. It continues to loose money. Total revenue for the Q4 period for the title division was $384K and it suffered a net loss of $95K. Action App had revenue of $192K and a net profit of $122K. Text My Market has revenue of $43K and a net loss of $730. Present All had revenue of $38K and a net loss of $35K. It would be more beneficial for the profits from the App company to be used for the betterment of the App company rather than supporting a company that is operating in a severely damaged sector."
"During the previous quarter (5/1/2011-7/31/2011) ActionApp had approximately 2.2 million downloads of our free app versions."
so 2.2 million downloads bring in $192K in revenues and bottom-line $122K. The QTR ending 10/31 we are looking at close to 8 mil downloads so can we expect to see $600K in revenues from App company. WOW... If Dustin really shows $600K revenues, this stock will explode. I would be happy to see $350K or something with good bottom line like last qtr.
JMHO
good thoughts and I am totally with you but
" I don't care if a discontinued operation is dragging down the results for the last quarter"
how can it be? ANDI had title business around last QTR (july11) and if I remember correctly ANDI had around 2mil downloads that time and company showed bottom line profit.
This QTR (Oct11) ANDI still in the same boat as far as model and with close to 9 mil downloads or something, how can they lose money? we see.
jmho
I highly doubt if the qtr ending oct'11 is profitable. If it is, dustin would have pumped that all over the place just like he did last time. We are a week from the 12/15 date and he is keeping quiet means something is fishy.
Look at the recent PR "divesting title on 12/31 and we are immediately profitable???? what that means? we are in losses now. everyone on this board looking for profits I guess you are into big disappointment.... we will see.
jmho
I am wrong and who ever is speculating on dilution are totally wrong. look at the OTCmarkets.com update as of 11/30 yesterday no changes in O/S. one issue is clarified I guess.
jmho
sorry man lost lot of time and of course patience following this stock for more than a year or so. everytime there is a rally first thing we see is the dilution with some thing or other excuse from dustin. got tired of hearing this and that all the time and ended up in triples.
glad sold out without losing my shirt just following the board to see if there will ever be any turn-around. good luck to you all
can we ask this idiot ceo to update the ss?
dont think so as this is pure dilution
you never hear from dustin. sell and run
jmho
_
ok. I respect you as a long timer. Now tell me whats wrong with my post.
Is it not the CEO killed the rally by increasing the A/S 50%? otherwise, we would have been atleast .02 by now with the kind of momentum we had back in October.
Is he not the one diluted another 100 mil all along saying that the company is profitable and can support itself from cash flow?
what's the guarantee that he is not going to do it again. common this is a pinky world and no ethics here dustin is no different. If he does it once means he is going to do it again and again no doubt.
I get a feeling that everytime this stock reaches .004+ range, dustin sells the shares through some back door and pocket the money and start pumping again.
jmho
Freaking CEO is a big POS here are the facts
He diluted the shares 50% overnight and killed the rally
The last update of SS was Nov 17th dont know how much dilution between then and now
No real news such as revenues, title business status that matters to the investors
He lost the trust with the investors no one believes his BS anymore because all realized its a BS.
jmho