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Nubedo....timing is everything on these pinksheet and otcbb gambles.
My advice is only gamble what you are prepared to lose. If you aren't prepared to lose...then I wouldn't recommend you invest in otcbb or the pinkies. Maybe if you're lucky, 1 out of 20 will do a moonshoot....but the other 19 will take your money and make you broke! I'm speaking from experience...
Good luck!
One huge positive is that the CEO officially stated that there will be no more dilution until at least next year. That's what got me hooked....if this was another dilution pig, I woulda stayed the hell away...
I think most people got nauseated with all the hyping that was going on last night....
As we can see, it really did a lot of good for the PPS this morning.....
Time To Roll....I agree 100%. If I hadn't bought already, I'd be having 2nd thoughts.
IMO, this board has the resemblance of a boiler room....
Might I suggest you guys tone down some of the hyping....I think you're scaring away potential investors...
I bought in today....man, all the pumping that is going on is scaring me!
I think it hit a few pumping sites....trying to catch a few newbie suckers. It looks like it worked!
sayheydave....actually it does. The CEO has to sign off on the financials swearing that they are true and accurate. It has everything to do with the company filing with the SEC.
Re: SarBox Act.....I guess you guys have never been taken by these corporations and/or big accounting firms. I have....and I am 100% behind the the Sarbanes Oxley Act.
It's there to protect the public from unscrupulous CEO's and accountants....
You should be thankful for the Act...otherwise fiascos like Enron would be happening every day....
Thanks for the update....I didn't have time nor the desire to hear DF's hype and bullchit.
Maybe 10% of what he says will come true....but I wouldn't put much weight on it. He likes to pump his chitty stock....
Hello grock! Thanks for the link. eom
multivalue...I'm over my loss, so no worries! As for bashing....if you call "telling it like it is" is the same as bashing...well then I'm guilty as charged!
I've saved a lot of potential investors from making the same mistake as mine. I'm sorry that you didn't heed my advice before you bought.
Maybe someday thphf will be a good investment....but from what I have seen....we ain't anywhere near there yet.
Good luck!
DF must have had some earth-shattering news to tell at the conference call... Absolutely no volume during that time!
multivalue.....DF and co burned me for a lot of cash. I believed in what the CEO was telling me. As it turned out...it was all bullchit. Do I hold a grudge?? That's a big fat "AFFIRMATIVE!"
stick_91....I have a rule that I don't usually play the pinkies, but I think I'll make an exception with IPRE. I like the prospects of the company AND the fact that they have an official statement saying that they will not be diluting 'til at least next year.
Have they mentioned at all about wanting to get off the pinks?
TIA.
Been watching and lurking....some of you guys have to realize that this is almost a 15-bagger from 3 weeks ago. It's only natural that it consolidates. (Dang....wish I heard about IPRE back then!)
I have to wait for my paycheck before I can pick up a few....but I'll probably be joining you longs soon.
Good luck!
Nope! But good guess!
I have a very busy day planned for tomorrow, and won't be able to hear it live. But I'll listen to it later on in the evening if they have it taped or on the net.
Niz...one of my greatest concerns with this stock when they granted themselves unlimited authorized shares is that you can't really calculate a proper market cap because of the possible and probable dilution. Today there may be only 4,738,322 shares outstanding, but tomorrow there might be 15 million outstanding.....or 15 billion outstanding. They have full rights to dilute as much as they want without shareholder approval, at any time they see fit. So the market cap is infinite. Knowing this company as well as I think I do....they have full intentions to start diluting again eventually. I'm actually very surprised we haven't seen much dilution yet....but IMO, it's coming!
All-time low shareprice post split. (equivalent to $0.00003 pre-split)
Yep......stinkpath has been a really really great investment for their shareholders!
I was into CSBI a couple of years ago. I bailed when they announced that they were being sued for patent infringement. (Something about Steve McQueen's Shelby in the movie Bullitt) Did it ever get settled?
TIA.
NT-10Q filed....gee, are we surprised? Why can't they ever file on time?
Anywho.....revs down, losses up. (note to self: time to set up my trading account so that I can finally short this dawg!)
http://sec.freeedgar.com/displayText.asp?ID=4421112
The Company believes that its revenues for the three months ended March 31, 2006
will be approximately $2,910,000 which represents a decrease of $690,000 over
the revenue for the three months ended March 31, 2005 of $3,600,000. The Company
believes that its net loss for the three months ended March 31, 2006 will be
approximately $370,000, compared to a net loss of $140,000 for the three months
ended March 31, 2005.
OT: Seabiscuit....you were right about IPRE! Congrats! I truly hope this does a moonshoot for all you longs.
PS....I'm REM's nephew.
Just like I told him....thphf is dead money until something drastically changes with the company.
Actually making a profit for once would be a good start....but I think that is asking waaaaay too much from stinkpath!
The last time I checked, he owned about 15% of stinkpath. I figure he's down at least 33% on his investment.
A shrewd investor he is not! Maybe he needed a tax loss....stinkpath has and will always be good for that.
Companies that perpetually lose money year in and year out, with no end in sight usually go bust, especially when it becomes no longer viable to sell stock to keep the company afloat. Eventually the suckers that buy that stock will dry up once they realize that they are almost guaranteed to lose their investment.
Yeah, but why would someone want to buy a company that has never made a profit? If it wasn't for the company relying on their shareholders to pay their bills, stinkpath would have been toast a long time ago...
A lot of those would be in "the street" name....
DF is probably afraid of a public tar and feathering!
I know that I shouldn't be patting myself on the back too much....it was a no-brainer for most people that knew about death-spiral financing.
Anyone that bought it knowing fullwell of the consequences.....they have no one to blame but themselves. I tried to help!
The payoff for me was knowing that I was saving people from losing their hard-earned money by warning them of the perils of owning this stock. And I was right, wasn't I?
BTW....in my opinion, this is still dead money.
Hey olico......congrats! :) A double sure beats being down over 50% on stinkpath! I sure hope you took my advice to stay away.
My intentions are not to attack Niz, but for the life of me.....I still can't figure out why some people insisted on touting that POS. All the warning signs have been there for years. It always has been, and always will be a money sucking bottomless money pit.
Without gullible people buying up their endless supply of stock, this company should have been toast years ago...
Happy New Year to you too Niz! eom
BTW Niz...when are you going to update your "let it ride doublers" message board and delete THPHF as one of your picks? Or have you not given up on it yet???
http://www.investorshub.com/boards/board.asp?board_id=790
Niz...it was in a self-directed retirement savings plan. The money was already tax-free....maybe sort of like your 401k down there?
Well....stinkpath is down another 50% post R/S....
Prediction for 2006.....quadruple the current O/S, and the PPS down another 50%.
Any wagers??
BTW...I'm batting 1000 with this POS....
Why anyone would be willing to give away their money on this dawg is beyond me....
Niz...it would cost me more in commish than what the shares are currently worth.
multivalue.....kipsson (stinkpath pumper and cheerleader) vacated this board when they announced the 5000 to 1 R/S...he was the board moderator. He would have the majority of my posts deleted....he apparently didn't like me speaking the truth about the company. (I guess I was foiling his pumping attempts)
This board is not moderated. If you wish...you could ask iHub to be the moderator....I'm not sure why anyone would want to though...
Good luck!
No acquisitions....just an announcement of a no-name VP....and probably paying him with oodles of stock options....
Just consider him another hungry mouth to feed, with access to an unlimited cookie jar....
I hear ya....I paid 26 cents per share 4 years ago, but that of course was before the 5000 to 1 reverse split. DF fed me and others total garbage...enough for me to believe in the company and stick it through even though I watched the PPS drop and the O/S grow almost daily. The way DF was touting the stock saying that he felt it was undervalued, and great things were to come, I was thinking that they'd eventually turn it around for the shareholders. But I knew I'd been had when they granted themselves unlimited authorized shares....and that's when I sold most of my position at a substantial loss.
Yeah...I'm bitter. IMO, DF is unfit to be CEO. He conned all us shareholders at the time of the first convertible debenture toxic financing. He sold us all out.
And I'm convinced he'll do it again. Why else would he leave the authorized as unlimited? By doing so...it kind of negated creating shareholder confidence.
Thinkpath has never made a profit since they IPO'ed in 1999. This company should have folded long ago, if it weren't for all those unsuspecting people buying Thinkpath's depreciating stock. I think it is probably safe to say that 99% of people that buy Thinkpath shares, eventually lose.
I still feel that way, even at this PPS level.
Good luck.