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coonass, that's the trouble with OTC companies, they live on publicity stunts. As I said, I've been in OTC long enough to know when I want to exit. I do so now cos I know it will tank. There are other posters here who feel the same way cos we have learned our hard lessons by losing our money. Get it, OUR MONEY not yours. So if you wish to stay in this, go ahead, its a free country anyway!
You couldn't have put it better! I smell a rat too, I was desperately trying to sell it at 0.02 but there were no willing buyers for my shares. At 0.02 it was not sustainable & started dropping like crazy again!!!
CC in my opinion is a PR disaster. Don't get me wrong here, I do have shareholding in XLPI. But, the future direction seems rather hazy even to me.
Reverse merger priced at $5 is way too high, it will face a sharp drop over a continious period from there. Presenter was confused by the setting up of too many companies.
Also, a listener commented on the outdated 1980's scientific studies on its website which Bill tried to refute. I think XLPI should get more up to date scientific studies done. Somehow, I don't buy the crap that chemical technology remains unchanged, who is Bill trying to kid???
I hold a number of OTC stocks, once price stays stagnant for too long, I think its time to find an exit soon or there will be a massive dilution coming.
Not sure whether anything concrete will be announced for tomorrow's CC. I feel that its better not to hold one if its merely repeating what they have mentioned last time. I doubt any progress has been made on sales. Otherwise, I'm certain there will be big new releases. I am also beginning to suspect that the Asia Pacific deal with one of China's largest auto maker is not going well as the deal still pending.
Fully agree with you on the revenue & sales. If it ain't showing, PPS ain't going up. It justs see saw, been seeing that pattern for the last 2 months.
Sales, come on sales!!
My main concern is that there are too many shares held by way too many people. This does not help to push up PPS. Unless, there is some BIG news in the near future, this stock will shy away from going up!
Must rise to 0.06 & above!!!
Disappointed that it has not taken off, fallen back to 0.01+ again. Lack of sales figures in PR release is not helping PPS. The latest shareholding CC is not concrete enough. Asia Pacific plans still not up & kicking yet with sales. If they manage to get China distributor to sign on the dotted line.
Don't plan to hold too long, still hoping it will hit 0.04 again before end of this month, though reality seem not likely.
Brad,XLPI - IR, thanks for the update. I think everyone on this board here is looking to sales figures. How have you moved forward domestically & internationally. Asia Pacific looks promising & could boost yr revenue. Is China sales taking off or has it started, would like to know since automotive sector is very hot in China right now.
New to this board. Why the drop in PPS from .20 to .05. It seems to be a niche player but PPS cannot hold up?
Puppman, what happened to news releases? Seems to me like there is a long pause. I was checking up on the details of yr post sent by Asia Pacific end which stated a couple of negotiations for April. What happened to the other China deal, the Harbin, China one?
What about Thailand, any progress in sales yet?
Are you still compiling weekly queries to management? Could you ask about Harbin & Thailand?
rush2penny, .002 may be the lowest.
Slingblade, agreed I thought it odd too that a CEO has so MUCH time on his hands to field calls! Perhaps, he is hoping all his investors will be buying into his fluff to pump the price up.
I don't mind buying into the fluff too but its too high for a company that does not show REAL sales figures yet so I'll still wait.
No news again today. Their news releases are timed at 6am most of time. Hoping we could get some good sales news to start off this week but does not seem like it.
ozone_park, LOL, sinking like the Titanic would be a more accurate description! This thing has been a pain since I bought it in Aug 05 & at a high price.
stockhound101, you are free to air yr opinion & so can I. Yes, I take pride in IFDG cos I BELIEVE in it for the long haul, its already has a 5 million deal in Japan signed & sealed.
As for this stock, my hunch is that most investors are here to trade, that's what I mean by in a flash buy & sell. And when it gets to .002 I will be ready to buy & exit out quickly. NOT for the long haul. NO WAY!!
.002 coming back. This stock is a lot of hot air, will buy & sell in a flash if it comes back down to that level!
Is the price rise related to the first sales order to China coming soon in mid April as detailed by the Asia Pacific President in one of the email messages to shareholders reproduced below or due to the price increase in oil???
"Southern China - negotiation with the respective distributor has been finalized and they are incorporating a company, Xcelplus Shenzhen Co. Ltd,specially for this business...... Their first order - USD30, 000 to USD50, 000 to be placed sometime mid April and conservatively we are looking at a sales turnover of at least USD200,000 when we hit the forth quarter of this year."
Happy Easter, back to chomping on my Easter eggs, luv them!
I'm officially IN. Bought at 0.015. As guessed, thought it would go back to a lower figure on eve of a public holiday. I might sit on it till goes back to 0.04, then sell within this month if it materializes. Then back in again.
What is Xcelplus Flextek technology? Can't find on web site.
Tanail, what does third base constitute?
China is the second largest market for lubricants outside the States. I googled today & found a research report that contains vital information about China lubricants market. Though its only a summary report, its still useful information. Below is the link.
I think it may go to .009 until real sales figures crop up in the 3rd & 4th qtrs. Still waiting to buy in! Real potential in this company for latter half of the year. If I were MM, bring it down, then bring it up all the way for a BIG YEAR END EXPLOSIVE RUN UP!
http://www.klinegroup.com/brochures/y584/brochure.pdf
What a lot of fluffy stuff in the latest PR release on Firday. Regurgitating what we already know! Sales figures, how many re-orders would make them a more credible company. Otherwise this is going back to .002.
Get into IFDG soon! Forget BRVO, RSHN or DCBI. IFDG is the one and only that will ROCK!
gooddoc & all longs, I still think it has great potential. Still waiting to buy shares. Immense opportunities in that big China market if they can hold on the deal previously announced. I just saw a BBC news video where China is making inroads into Brazil where they are eyeing their ethanol market.
The Chinese are DESPERATE for any petroleum derivatives!!
For those interested in the BBC news video, below is the link, its about 8 to 10 minutes in length and talks abouts biz opportunity between Brazil & China & the shift in the balance of superpowers as US loses its foothold in Brazil as Brazilians like the China biz factor more. Video link on the top right hand bar.
http://news.bbc.co.uk/2/hi/americas/4872522.stm
pointer101, thanks, may buy into in the near future.
gooddoc, would like to buy but I think I'll blow my buying budget. Still waiting to see whether it will go to .01+++. Next week I think may be a slow week cos of Easter, no trading on Friday may see a gradual drop.
Sounds like a promising company. Why the low PPS if sales are streaming in?
Has the company issued convertible debentures or some other stuff that has tanked the price down? Or have they overissued shares?
Thinking of investing but not sure why the low PPS.
Is there anyone who works in the logistics line here? Help me out here with the latest PR release on CRGO's MOU with Aviation Services Group in Texas. In that PR, CRGO has affirmed that it wants to do GLOBAL business, bringing goods from Asia to here or from here to Asia though I think the majority of traffic tends to be from Asia to here. There is something that does not fit after re-reading the PR.
Let me give you a simple scenario, say, shopping at Wal Mart, you buy a plastic water bottle that is made in China & the cost is less than $3. I can bet you that Wal Mart imports them in gazillion bulk order and send it via SEA CARGO to the stores scattered over the various states here. Economies of scale are obtained when you buy and ship it in bulk in the cheapest possible way, so it goes via sea transportation.
So why AIR CARGO? Would Wal Mart, say if they ever become a client opt for shipment via Air cargo? I don't see how it fits in? Which domestic client here would opt for AIR cargo if you need to import in bulk?
Unless CRGO is thinking more along the lines of courier services like FedEx or UPS though I doubt it.
I may be wrong with my reasoning, so could a shareholder who works in the logistics industry provide more insight into their latest JV? Tks.
Someone please explain why is Cornell such a hindrance? Are they an investment firm?
If you like RSHN, check out IFDG. This will be a sleeper hit when it wakes up. I just started the discussion board for IFDG. Feel free to post!
ThatHawaiiGuy, Yeah that's good if they are at their starting point. What's the point of buying when the stock has gone past its spike??
Hello to all. Noticed that the discussion board was missing for this very EXCITING stock. Its still at an affordable price so BUY it NOW or you will regret it.
Check out its latest PR releases cos its very solid in terms of their business plans and sales are doing very well. Next 10Q will be out soon and you will see why. Revenue is going to be good!!
Its products are destined for both domestic and international retailers. Its Colombian coffee is its best seller at Sam's Clubs. In Japan, they have sealed a USD5 million deal for its Colombian coffee!! China may be NEXT!
The company has NO DEBT. Yes, that's right, let's all repeat NO DEBT. So, what are you waiting for, if you are not already in, be fast fingered NOW and buy it!!
Waiting for this to fall back to .002 so that I can buy but then it may not happen.
Unless they can get contracts from a wider clientele like Japan, China etc.
CRGO please wake up from yr deep slumber, need to see this kick off. First, we need to get thru the hurdle of a disappointing 10Q if it is released. Main concern here is whether they will be requesting for an extension of filing, it would be the dreaded "CRGOE" with the E attached as suffix. This will damage its profile and swing it back to sub-penny levels.
Secondly, it needs to make good its plan to make headway in the Pacific Rim business otherwise its going to be a double whammy!
What do you think?
Hi folks, I'm new to this board. Still waiting to buy into this as I still feel its a wee bit too high.
I feel that XLPI has potential if the China market comes to fruition and the client there goes for re-orders. Those lubricants are hard to manufacture in China as they are now hunting high & low for petroleum derivatives for a booming automotive market that is explosive.
As for the domestic market, I'm not so sure whether ethanol will go anywhere. Why? Cos ethanol is viewed as an "inferior" product compared to petroleum which is regarded as a premium high quality product. The mindset here is just not the same as in Brazil.
Sure, hybrid cars are going to be manufactured here but the takers are far & few.
So, my biggest hope if I do buy into when the price is right is the HUGE potential in China & other parts of Asia like Thailand which is also an automotive base for some German cars.