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I understood your opinion, thus the reply with mine.
Now that there is funny,,
Selling PIPE shares to advance N-assy was their plan to raise money in Dec., not mine. Didn't hear any push back about dilution then. if N-assay is so great go for it, what happen, no explanation, why the change of plan. Mum's the word so i'll take a guess, smart money isn't buying in. Not the "cheap" public or private shares
If i thought the flat pack patent was worth anything I would be saying don't dilute the shares also, but i don't.. Competing in the pre poured dish market, hard to get exited, especially with no numbers. As long as they remain dark best for me to figure no money being made there either.
If they have any confidence in what they're doing and there are investors being put off because of flat pack dreams would be a mistake. Just my opinion of course.
know what bothers me, no bid. apparently they can't sell private shares either.
I believe it would be his fiduciary duty in Delaware law to disclose offers, at least offers for the total company, I'm not sure about that but little of that seems to matter here anyway.
I suppose it will just take time for some to realize the value of yet another method of packaging a product in a gas bag.
What ever happen to the funding they mentioned in the Dec.20/16 email/ update, which part of that isn't working?
They where selling petri plates before the flat pack , what was the increase? who is buying how many for what? Considering that your conclusions have as few numbers and facts as mine its just two opinion's.
Can't say I know patent law but i do know many similar "methods" are already patented with machines on the market available to package any size or shape product you prefer, for any product you wish keep sterile or preserve freshness. Saying "The product is specifically petri plates in an inert gas charged vacuum environment" sounds like a limitation and raises the question, What product?
patent is worthless. if it isn't how will the big multinational companies react when they start biding on this disruptive technology and a piece is missing.
If its worth it to put your product in inert gas vacuum / bublewrap, this patent won't stop anyone.
by selling off the big pile of shares he bought open market before he even took over.
frustrating isn't it, nothing but conspiracy would be the reason for asking anything, some lamebrain(s) in this stock have always been their own worst enemy on every MB,,,,
For whatever reason in spite of defying logic the daily short report continues to be misinterpreted, if you feel mislead and confused perhaps these links will shed some light.
http://seekingalpha.com/instablog/227454-john-petersen/3100575-a-deeper-dive-into-my-finra-short-report-analysis
“the Securities Act provides that any person who buys securities from an issuer with a view to redistributing those securities is an "underwriter." While normal investors can buy and sell in the open market with impunity, underwriters can only resell shares into the public market under an effective registration statement”
“While most investors will never need to understand the intricacies of securities registration and resale transactions, all investors should know that exempt open market transactions do not give rise to any special back-office procedures but resale transactions by underwriters do. That extra paperwork makes it very hard for an underwriter to comply with T+3 delivery requirements and usually means the transaction will be flagged as a "short-sale" for FINRA reporting purposes.”
http://www.mightymarkets.com/short-volume-lookup/
"What it is and is not
It is highly contested whether or not the daily RegSHO reports that a security has been "shorted", as having a short position, or if it is just a type of reporting requirement for market making activities. It is both. Transactions that have shares marked as "short" can very well be an investor selling a short position or a market maker allocating shares in order to provide liquidity but not in their possession. The Division of Market Regulations of the SEC has an exhaustive, yet technical, overview of what RegSHO provides."
Don't let the manipulation excuse be a distraction, especially on one this thinly traded, Not saying it never happens, just keep an eye on bi-weekly shorts, fail to delivers and most of all the company.
One thing I have witnessed (another stock) is fake bids and asks being entered, I've seen them disappear as the price nears. And, large volume at a price with only small bid/ask where shown. I find myself not even believing what I see OTC level 2
I've always thought Fat finger to mean a mistake and I don't think the other day was an accident, I think someone needed out or gave up. I don't know what the other day was but looks like the selling continues just like before. I'm happy for the opportunity to tap out of this one yesterday without too much pain. Think I'll put in a .07 bid and see what happens.,
Should the valuation include the series A and now B? They're all convertible and that's quite a few shares. Now warrants, perhaps none of it a concern at this PPS but in fruition like 20% dilution.
I think we're on the same page, they just did a re-financing so to speak by diluting the stock aprox18%, make that work, show some value. At this time /value I don't see the benefit to the operations of the company by up listing, more expenses for what? Do they need more cash for some reason, if they show a need for rapid expansion is the only way it would make sense to me.
I certainly don't think up list is a magic bullet for the stock, especially at this value the arithmetic of split doesn't work from a stock traders point of view. They have warrants hanging out there, if a split is approved the threat of execution will be a headwind for the stock, it may never reach a value that does make sense. Aquaman pointed out two other stocks, (FES, GRH,) one on AMEX and one on NADSQ didn't help them. The charts look very similar to me. Bad timing to even have the discussion, just my unqualified opinion of course but I notice the market appears to agree.
Apparently the theory that talk off splits make a bid hard to find is founded. This as a few portfolios are overweight with new B shares and need balancing. = .24 (hope the bottom is in) x20 barely get you there, how small of float would be comfortable.
Won't happen, the TV networks don't discuss thinly traded micro caps.
volume picking up, stock is looking good..
Market maker seeking to remain neutral?
opps spoke to soon
Can't help notice a lot of green on the oil patch screen today, Oil down 2.4%. ?, I see a decent bid here, no sellers seem to anxious .. hmmmm
I get the negative sentiment around a split, but why did the subject even come up?
I am knew here so I may have missed something previously released related to up-listing. This appears to be a question that SkyTides felt was important question. If you go to their website it is all positive reports on HIIT with one released sept./14/14 (when the stock was around .80, oil around 90) named, “HIIT Technologies: NYSE: NYSE MKT Uplisting Likely”. Where did that idea come from? Shortly after this piece the stock ran through $1. Skytide seem to think its important and it's something they like to focus on. Did the company ever mention this as a goal? I'm not sure there is a good answer they could have given when confronted out of the blue by an annalist. Anyway, I thought the answers seemed pretty non-committal, the first sentence of this answer seems to indicate the correct thinking on Matt's part.
Q. Can you envision any reason where the drawbacks to a listing on the NYSE MKT would outweigh the benefits? If so what drawbacks do you envision?
A. The company’s current position is that any value currently given to its common stock on the other the counter market should be worth more as a listed security. As of yet, we have not made any decision on a reverse stock split but may soon. To your question we can not see any particular draw backs to having our firm's common stock traded on a listed exchange, subject to exchange approvals, potentially a stockholder’s meeting for a reserve approval and the items listed above.
If they stay in the current model it seems much growth can be done organically, possibly without much need to raise money. I think this is just semantics that revolve around every OTC penny stock.
Fortunately the owners (shareholders) would be required to vote on a split and there will be ample time to follow your dumb advice, Many will, they always do.. There is no reason other then the current oil patch this stock isn't doing much better here on OTC now. That would help greatly, if there where a good reason to be on NASDQ lets hope there is no need for accounting tricks to do it.
Share count on any Exchange does not equal value.
This is a thinly traded micro cap, they happen to have only 56? million shares, if it where to become a popular stock at this value that is hardly enough shares to offer liquidity. I have no way to know the need, or the difficulty they have finding private investors, but I imagine they can be found. I don't think increasing the share count too add value will hurt anything from a traders point of view, speaking of traders,,in a better oil market this could be a two dollar stock right now, a little extreme perhaps but so is a micro cap oil service IPO in this climate. Maybe they'll end up a buy-out target themselves, who knows. It's hard to understand the question at this point, had to be addressed because a stock annalist asked it I guess.
The more value they gain under the radar the better off we'll be.
For now I'm in agreement with you, the float is not really to large, it would end up being a thinly traded under 5$ stock. Seems there's the means for some growth as is. Now seems like a bad time, let the oil chips fall where they may, see where the stock ends up and talk about this next year. That said,,,
I am new around here! I've been buying under .45 every chance I'm given, I started doing that because I got a good feeling from management, like these guys know their industry, found a modal that makes sense, want it to grow and seem to know how to do it, so far everything has made sense. With the oil patch in turmoil it may present a big opportunity, I expect they would only want to up list in the near future for a good reason. I hate holding through a split but likely would here..
I doubt HIIT is going to the investors conference in FL. empty handed.
Haven't heard the term "Peak Oil" lately..
“Keystone will do absolutely nothing to help the price of oil”
The market being forward looking, it already has. Not the pipeline alone, but just the potential of North America output has changed everything. Keystone will only be held up at the most for two more years, when finally approved the savings will already be priced into a barrel.
This PR said only that they are going to begin configuring and seeking outlets. Basically the same thing that has been said for 6 years, no value was added. This is not a new concept, if it’s viable the partners would be seeking them. But hey, I wish them luck, the day traders seem to be eating it up so ride the wave and be happy.
I don’t know of any current or previous "agreement" with Battelle. I've heard it surmised on message boards but not from any reliable sources. I assume there is and was none.
It’s not logical because the story was created on the Yahoo message board to dissuade proper research. You can not find the CEO mention it anywhere.
Not sure but I don’t think it was ever fully made public. It was described as a “flip in” poison pill.
Support , pivot, resistance and price all at .11
LOL, anyone else get the feeling something has got to give with this thing, and soon.
You mentioned most patents revolve around the permeable membrane but in the Rapid Diagnostic Test for Identifying Group C Streptococcus the pure nitrocellulose 0.45-um membranes used where purchased from GE Water and Process Technologies. They don’t manufacture a membrane as far as I know, am I missing something.
I took variant to mean another agar choice.
They very well may now have Options and warrants out. On the form D that was filed last year when asked what types or securities are being offered, they checked equities, option and warrants.
HUH??? These guys got nothing. There’s plenty of company’s already in this space, these guys never will be... If someone where to “buy them out” what exactly would they be buying. There’s nothing there,
Clueless or shameless , ,, one of the two
You didn't mention any parameters or time frame. Dividends are normally paid out of a company’s profits from sales of a product or service, not from selling stock. I’m thinking there are a few other things to be concerned about and need to come to fruition before a dividend would even make sense or be considered. I haven’t noticed if management has ever mentioned a dividend, and why would they at this point.
It could pose an opportunity. By my way of thinking there’s no reason to buy hastily. Whether it‘s portfolio balancing or doubt there has to be a large amount of shares wanting to change hands . I mentioned that I doubt a buy out, As things stand right now I wouldn't be a buyer at any price. Unless I’m wrong about a buyout or there’s massive news of suddenly showing a profit and a amazing future, I expect to see massive resistance at .18-.20,. I just don’t think this is going to far too fast.
My plan is to look for three things before reentering. The management to at least begin acting responsible to shareholders. News of sales with verifiable positive forward looking statements. Consistent higher volume in stock.
I’d rather live knowing I missed a overnight jump in PPS than die a slow death.
The descriptive words you are using are the kind bandied about on these boards. You must overlook a lot of minutiae to say it works as simple and easy as thought here. When looked at objectively there are some important questions still left unanswered. Not saying it doesn't work, just saying when I see the pps after all these years its doubtful that it works as effectively advertised . This is a subject that I know nothing about, but a little DD it was obvious very few around here knew anything either.
I don’t know what the problem is but apparently there is something with the product. I never got the feeling management was to well versed on medical devices. The CEO has no previous experience to cross check his competence at his current job, so I just don’t know. I’m inclined to say its a combination of faults.
At this point i think a buy out is off the table, and its going to take a butt load of good news to move needle up.
Yea, Battelle, the elusive carrot on a stick. I've often wondered why they never followed through on the first study that ended by saying more study is needed.
A picture of a few thousand dishes would not show anything outside any reasonable expectations formed by the company’s public forward guidance, So , my opinion is that the pictures weren't anything that would cause a reasonable investor to consider buying or selling the equity. That's probably not ready for a court room, but did I say that okay?
The pictures where not sent to me, i don't know the source of the links, I haven’t looked at the pictures, so it’s all hearsay to me. I’m not a lawyer or adviser, I’m probably not even considered a reasonable investor. I just say no.
No..................
Battlle and a mystery buyer, with no idea of profit margins, how often either is reordering, or what they ordered. Just going by hearsay they where TSA plates.
You also used the term “reasonable investor“, even that’s vague. You did pose the question as would it prompt to buy or sell the stock, but my answer is still no..