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.
So far Im liking what I am hearing. Plan on traditional financing methods other than selling stock.
First time I ever had to provide my name and pass code to a live operator to participate in a pod cast/cc
This will be under a buck very near term
Looks like a P+D, should be traded as such. Now its in dump mode
When it goes below 1.50, the game will be over IMO
Nice if Nick Gentry or Kevin Childress provide insight on the progress of the audit.
Although its a great opportunity to listen to Management discuss earnings, potential, etc for MYFT, the future follow through in meeting and exceeding expectations is important.
Im hopeful the communication to shareholders will be a confidence booster and PPS booster for that matter.
Unsure how you came up with the conclusion that PTEL has a great product. The previous web site and business plan was a complete failure.
In summary Tony used investors to make a quick buck, the same applies to his brother Rick. It was never about building a successful business. IMO
Just like this story lol.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64067291
PROOF IN WRITING OF DTC broker/games >>> dare anyone to challenge integrity of CEO.
------------------------
DTC INELIGIBILITY. ENTI was not MADE DTC ineligible. ENTI CHOSE to be DTC ineligible (see below how ENTI technically “CHOOSES”). It comes down to the 4.8 billion shares that DTC held. All of those shares were in short position. That’s why they all dragged their feet, about sending them back and getting process. They needed time, to basically recuperate…that time unfortunately included last week and some of this week..explains what’s being going on in the market too..
“CHOICE” TO DTC INELIGIBILITY >> YOU cannot call DTC and say “I’m out.” A company cannot choose to be DTC ineligible. You have to basically be kicked out. So that’s what we did..we made them kick us out. We made them kick us out. ENTI is no longer DTC eligible, we cannot be played with, messed with, shorted, naked shorted… they may find ways to short, but not to level of past. It’s going to take a while to recover and recuperate, and for crap to be flushed out, we’re getting kind of close to that, there will be fluctuations, but from this point on, we’re going to basically see this stock trade in as close to real market situation as it should..if demand for stock, if company doing well, the stock will do well. They will not be able to short it like they used to…(they may find a way to do some shorting…but) the massive shorting, especially naked shorting, will not be able to occur anymore. That simple. Why we did it…best interest of company and shareholders. I will back up everything I’ve said in writing, I have the proof.
--------------
Finally, COMPRESSION TECH COMPANY / NEWS >>> was hoping to announce exciting compression tech news, with a link >>> not sure have link ready to have available with news ready to come out, that’s what’s delaying things.…not sure link will be avail in time for first news release on the compression tech…
Company, to be announced in next PR, has very unique compression technology….developed for IPTV market… (internet protocol market). The standard will soon be TV as a monitor with internet providing content…This company has developed unique technology..allow streaming of video… also facilitates streaming for cell phones..it’s big..big.. How are we going to be involved?
(1) ENTI has premium competitive advantage in the tech in its own products ...AND (2) ENTI will help bring tech to market and ENTI will have significant interest / stake (not the CEO, ENTI as a company) in this company..ENTI will own significant number of shares in this other company..in return, ENTI helps bring the tech to the market…affiliation with ENTI, and our investor base in huge/strong, going to be exciting….in return for bringing to market (allowing tapping into programming resoures, server resources, they’re like that ship stuck in the mud..ENTI will push them out there…what’s really exciting..timing is perfect. ENTI moving away and back to core DNA, PTEL moving in it’s direction… (that official PTEL announcement coming soon as well).
ENTI finally coming into its own>>>losing MMX comes with losing a lot of liability…which means ENTI freed up from that. ..focus in IYP platform, such a cost efficient business..amazing. Timing perfect, add this unique tech, giving small businesses an edge, potential customers come to/prefer that… filmrookie also…
MORE BENEFIT FROM INVOLVEMENT: ENTI being major investor in this tech/company opens other doors to us…ENTI will get involved in IPTV business…makes sense for us…right in our space…almost more to talk about with ENTI than PTEL…not knocking PTEL, PTEL has MMX… …just saying ENTI when looking at the doors and revenue sources..it’s incredible. What’s nice about it is now, not only does ENTI have all these business opps, they’re basically done, we have all these investors also..makes a huge difference..huge, huge difference. It makes the value of your stock worth more…. get excited about ENTI..it’s unbelievable the place it’s in right now..ignore the market for a while..it’s not an indicator of the value of this company nor where it’s going… most know this, but needed to say it.
Im not certain if MMX will ever come back. Its taken entirely too long.
Thats why its always a good idea to understand the nature of the business.
My impression of Mike Head is that he sat on his hands and didn't get the job done. Info mentioned on CC's was good for a snooze.
However he was correct in one CC saying the 3pl remains an inefficient segment of the freight industry.I still have reason to believe MYFT has the technology to be a game changer. Accredited investors have demonstrated their confidence.
Lets see how this goes, yes its tough to watch, but perception can change quickly IMO
It is totally relevant, MYFT sells their software to freight brokers you know the customer base of freightbrokers is? 3pl's and LPL's.
Old Dominion released 3rd quarter earnings today. Should bode well for MYFT. Old Dominion is an LTL carrier
THOMASVILLE, N.C.--(BUSINESS WIRE)-- Old Dominion Freight Line, Inc. (NASDAQ:ODFL - News) today announced financial results for the third quarter ended September 30, 2011. Revenue was a record $494.5 million for the quarter, an increase of 24.9% from $396.0 million for the third quarter of 2010. Net income increased 58.4% to $38.6 million from $24.4 million for the third quarter of last year, and earnings per diluted share rose 52.3% to $0.67 from $0.44 in the third quarter of 2010. Old Dominion’s operating ratio improved to a record 86.2% for the third quarter compared to 89.0% for the third quarter of 2010. Weighted average shares outstanding for the third quarter of 2011 rose 2.7% compared with the third quarter of 2010.
For the first nine months of 2011, revenue increased 29.1% to $1.40 billion from $1.08 billion for the same period in 2010. Net income increased 85.8% to $99.6 million from $53.6 million in the first nine months of 2010. Earnings per diluted share for the year-to-date period of 2011 were $1.75, up 82.3% from $0.96 for the comparable period of 2010. Old Dominion’s operating ratio improved to 87.8% from 90.8% for the first nine months of 2010.
“Old Dominion continued to produce substantial profitable growth for the third quarter of 2011, with both our revenue and operating ratio improving to new quarterly records,” remarked David S. Congdon, President and Chief Executive Officer of Old Dominion. “Our revenue growth for the quarter again reflected significant tonnage growth and a favorable pricing environment. Tonnage increased 9.6% compared with the third quarter last year, and revenue per hundredweight rose 13.7%, or 7.8% excluding fuel surcharges. This increase represents the continuation of our yield management process, which includes the impact of a 4.9% general rate increase implemented on September 6, 2011. Our revenue per hundredweight was also favorably impacted by both a 2.2% decrease in weight per shipment and a 0.3% increase in average length of haul.
“Greater operating leverage, driven by our tonnage growth, and our disciplined yield management process were primarily responsible for the 280 basis-point improvement in our operating ratio to a record 86.2% for the third quarter. Our operating ratio also benefited from improvements in most of our key productivity measures. As a result of our improved performance in 2011, we were pleased to reward our employees with another annual wage increase that became effective during the first week of September.
“While effectively all the tonnage growth for the third quarter served to increase density in existing service centers, we did open two new service centers – in Madison, Wisconsin and Altoona, Pennsylvania. In October, we also opened a new service center in Canton, Ohio and relocated and expanded our service center in Wausau, Wisconsin. As a result, we currently have 216 service centers in operation.”
The Company’s capital expenditures were approximately $68 million for the third quarter of 2011 and $210 million for the first nine months of 2011. The Company expects to incur capital expenditures of $245 million to $265 million for all of 2011. This estimate includes $80 million to $90 million for real estate purchases and expansion projects at existing facilities, subject to the availability of suitable real estate and the timing of construction projects, of which we have spent approximately $53 million through September 2011. Our total capital expenditure budget also includes $150 million to $155 million for the purchase of tractors, trailers and other equipment, and $15 million to $20 million for investments in technology, the majority of which has been spent.
Old Dominion has continued to fund capital expenditures primarily with cash flow from operations and, as a result, its financial position was further strengthened during the third quarter. Total debt to capitalization improved to 24.5% at the end of the third quarter of 2011 compared with 25.4% at June 30, 2011 and 29.1% at September 30, 2010. At the end of the third quarter of 2011, the Company had $42.3 million in cash and cash equivalents, up from $28.7 million at June 30, 2011. Old Dominion also entered into a new five-year, $200 million senior unsecured revolving credit facility during August 2011 that replaced its expiring $225 million facility. The new facility can be expanded to $300 million. There were $50.8 million of outstanding letters of credit but no borrowings outstanding on this facility at September 30, 2011.
Mr. Congdon concluded, “While there are many factors contributing to Old Dominion’s exceptional performance, we believe an adherence to our core principles that include providing high-quality service at fair and equitable prices is our fundamental strength. We believe our service record leads the industry with on-time deliveries of 99% and a cargo-claims ratio of 0.52% in the third quarter of 2011. While attractive to our customers, the value of our services encompasses more than just those outstanding metrics. By continuously investing in technology that allows us to improve both our delivery standards and the efficiency of our operations, we also provide our customers with an unsurpassed level of transparency into the process of shipping their freight. Our integrated infrastructure provides us with structural competitive advantages, and we continue to make significant investments in capacity to maintain our responsiveness to customer needs.
“Ultimately, we believe our success is grounded in keeping our promise to deliver exceptional value to our customers. I am very proud of the OD family for the results we have continued to produce throughout this economic cycle. The performance of our dedicated employees, combined with our strategic advantages and financial strength, has created a strong competitive position for Old Dominion. We believe we are poised to take advantage of future market opportunities and are confident in our growth prospects.”
Old Dominion Freight Line, Inc. is a leading, less-than-truckload (“LTL”), non-union motor carrier providing regional, inter-regional and national LTL service and value-added logistics services. In addition to its core LTL services, the Company offers its customers a broad range of logistics services including ground and air expedited transportation, supply chain consulting, transportation management, truckload brokerage, container delivery and warehousing services. Through marketing and carrier relationships, the Company also offers door-to-door international freight services to and from all of North America, Central America, South America and the Far East.
http://finance.yahoo.com/news/Old-Dominion-Freight-Line-bw-3727370533.html?x=0&.v=1
Good call on bid support being knocked out. Time for a bottle of tequila and a funnel lol
with millions of shares bought, with a slow gradual fade. Unsure how you could draw that conclusion.
Im just watching it, I see this is out of stream
The stock is definitely headed lower. Sooner than you think it will break support, and into the 1.50's
Tony Baloney has a proud history of milking as much out of investors as possible and taking a walk. This could very well be a repeat performance here.
Watch it go under 1.65, after that, my guess 1.5's quickly
This is poised for a free fall. It ran out of gas
What the bid support? Id prefer ask slappage, but for how this has going over the past couple months, Ill take anything positive lol
Tony will have a difficult time having any motivation if the current PPS will not allow him to draw a pay check.
I think he has run out of options to draw in new unsuspecting investors.
Tony hasn't come through with anything big, except a big disappointment.
This charade is winding down.
Good for you, there were millions of shares bought at higher levels, volume decreasing, if this goes down a few % more, it will fall fairly quick
I hope you have an exit strategy, the bottom is about to drop out.
Whats puzzling is the fact that Tony stated on podcast several months ago upon up-listing ENTI would be worth .02-.05.
At the time Tony or the advisors estimated ENTI, which was essentially MMX was worth roughly 140-350 million dollars. (.02-.05 x approx 7 bil shares) So why does Tony now say:
--- "Regarding http://www.musicmatrix.com ...
As you all know, we are still Upgrading that Website, and it's
still off-line. As I've said in previous communications, I really
am starting over with the site. There are A LOT OF THINGS
about the Website that I inherited that I did not like.
It defies logic a Web site that is worth 140-350 million dollars to be taken for 3 months + for up-grade.
Several million shares bought in the 1.6-1.70 range. Momo did not pan out.
Low volume not a good sign, this is poised for a drop IMO
Promo? how is that getting paid?
I think the run is over. Probably go to the 1.60's today or lower, slow fade
I think its going to the 1.50 range. Lower volume will drag it down w/o significant news.
Don't tell me, the new company Tony plans on partnering with will be a pink sheet based in FL?
With the bank ill make here I can buy my cat some really good cat nip lol
1.80 achievable today IMO. Likely see a volume spike when it kicks to 1.74
LOL not arguement here, the chart is solid, but you seem to indicate 1.72 push thru was no big deal it and will be quick. It will happen shorty IMO, lets say 10-15 mins, got my clock set haha
has some resistance to push through, should fall shortly IMO
Corporate offices lol? Pegasis has one full time employee, Tony Baloney
It all depends if this was planned or not, whose to say if Tony Baloney and Rick care what investors think.
They already had the big pay out, wasn't that the reason for the mis-leading pr's and questionable pod cast statements, forward split, dividend games etc in the first place?
Glaring issues will face scrutiny:
Forward split, with false run up, Tony pumping it on a pod cast, while insiders and or debt holders (if thats what you call them) sold into it while the common investor was locked out, sat back and watched.
1.75 million for VSP, with Tony stating the company had no relationship with SMPP on pod cast other than selling the domain name.
That could be true, but his defense perhaps it was sold (to a BS 3rd party) who sold it to SMPP. Whatever it is, the deal stinks, and is full of deception. If stock was unloaded into that PR, that will be a cause for concern.
Also wasn't there a letter of commitment to BEP PR? or some other artist?
Reputable companies with reputable management don't play the games that have been played here IMO
LOL DG the pump and dumps are so predictable now. I wonder how much money investors lost here.
like duh it was 100x higher several weeks ago. Monumental free fall
LOL has to be the worst pump and dumps Ive seen in quite awhile