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I guess it remains to be seen. I believe once they get their toxic financing situation finished with....maybe there is a chance for the shareholders to see some appreciation in the value of the stock.
IMO....we ain't there yet......
Niz......THTHF has been a POS ever since it IPO'ed. It's been all downhill from that moment onward.
Good luck on it though!
Scary thought eh? I hear that it would be long before CMKX gets their registration revoke. (or a very very long suspension)
Who knows....but there might be a push to get it to at least 0.0002 prior to the R/S....that would set the price at $1.00 per share (1 for 5000 reverse split) But I think it would fall fast and hard if it did go that way....
$12,400 in trades so far......maybe another newbie getting sucked into the THTHF black hole.....
My thinking is that it is possible Thinkpath may just pay out the cd's/oid's after the R/S. They would only have to issue and sell a few million shares to get the financiers squared away. The warrants are a different matter....I suspect that they may have to be repriced.
Having said that....we still have the issue of dilution. (thus, possible downward pressure on the PPS after the R/S)
The last I heard, it was poseponed until they reach a deal with the debenture holders....
But it's coming....
Actually niz....Thinkpath DOES hype their stock whenever the cd holders need to dump their billions of shares. They've been doing it for over 2 years.....
I guess you must be fairly new to THTHF.....
Speaking about Guzman...this was in today's news...
http://money.canoe.ca/News/Sectors/Gold/2005/05/25/1055284.html
Oh....okay. I thought that you were promoting the stock itself. (I'm very surprised that the stock is still on the pinks) As I'm sure you are aware, this company has been defunct for many years....and was probably the biggest scam in stock market history.
People still speculate that the chief geologist was pushed out of the helicopter to his death because he was going to expose the fraud.
This board is meant as a joke, right?
If you see a bid.......
SELL AND RUN AWAY AS FAST AS YOU CAN!!!!!
It's a national holiday here on Monday. My guess is there won't be anyone in Thinkpath's office to send the report to the SEC.
Probably they'll file on Tuesday AM.
Good night niz. Believe it or not...I still own some of this crud!
Good luck.
I'm sure there's a catch. There always is.....I don't trust DF.
Niz...probably more of the toxic variety.....
Niz....Declan has always been FOS. What reputable financial institution will lend them money at this point? (other than loan sharks) I'll believe it when I see it...
Niz....the first sign that they have turned the corner and no longer need to abuse their shareholders via dilution...I'll be the first one to go long again in a huge way. This stock owes me $40 grand....and I want it back!
Good luck!
If DF's intentions were genuine....why is he leaving the authorized as unlimited? If he wasn't planning on diluting the shit out of the common again....he would set the authorized under 100 million. Why would he need more???
Nope. Look at the chart since it IPO'ed. It's been all downhill since then. (It IPO'ed at $5 on the Nasdaq smallcap market as THTH)
Oh....and one more thing. Don't put too much weight on the current market cap. When Thinkpath IPO'ed in 1999 as Thinkpath.com (during the peak of the dotcom craze) The market cap was set at $5.5 million. The company is much smaller with far less revenues than what it was back in 1999.
Niz...I'm just waiting for the other shoe to drop. Don't believe everything you see.....especially when it comes from DF.
If I were you....the first time this has a bid.....run like hell! There's a reason why they are leaving the authorized as unlimited.
OT: i_like_bb_stock....I must say that I am quite impressed at the way you moderate your board. I am used to seeing contrarian messages deleted on other boards. That was mach's biggest downfall on "one step ahead." If you didn't tow the party line, or had an opposing opinion, your post would be very quickly deleted, and you'd be turfed.
This is an informative board, both pro and con, and that's why I continue to lurk here.
I like the way you do business!
Uhhh.....yeah, revocation or suspension will stop CMKX....
LOL!!! You're joking right?
ddfridd_007...I'm not sure....
FYI...Bob Zumbrunnen is not a moderator. He owns both iHub and Silicon Investor.
Niz....more like flogging a dead horse....eom
Niz..sorry for the late response. I haven't been on iHub for a few days.
As to the volume....it appears that they are getting some of those debentures converted before the R/S. Who is buying (and why???).....is anyone's guess. The 10Q should be out within two weeks....that should give us an indication of how many shares they've issued since the 10K.
I still don't see how they can convert another 20 billion shares before the end of May. My opinion is that they will have to exhaust some of the remaining cd's/oid's after the R/S.
I suppose we shall see soon enough.
Good luck.
OT: DOC_O... remember this post of yours??
http://www.investorshub.com/boards/read_msg.asp?message_id=4792859
Posted by: DOC _O
In reply to: blueridgehillbilly who wrote msg# 697 Date:12/10/2004 10:49:38 AM
Post #of 766
Just be in before the news hits...
cause this is going to move very fast and hard.Gonna see penny land in January.
Now this just my two cents, and you can take it for what it is, just my opinion.
This statement of yours implies that you had some sort of insider info.
I rest my case......'nuff said....
Ask DOC about the supposed insider information he had about THTHF back in December. He said the info he had would make THTHF a 100 bagger.
Needless to say, he was full of shit.
niz....it's a trend that usually happens whenever THTHF puts out a PR...
The last time was around January 24 when THTHF traded 661 million shares.....then the volume gradually dwindled down.
Anyways....I truly do hope it works out for ya....you seem like a good dude!
Good luck!
Bill...re: XYBRE..you do know that their PR from yesterday indicates that bk could be in the works....
Good luck!
You too niz! eom
Niz...you can hope, but I'm batting 1000 on THTHF right now.
Good luck.....I think you'll need it!
Niz.....I've followed THTHF for 3 years....and the last two years, everything I have said would happen...did happen.
If someone buys THTHF, they are playing Russian roulette with 5 chambers loaded....
THTHF is fool's gold.
I don't know niz...maybe the mm's having a little fun with it while the massive dilution continues....
Niz....re: THTHF...it has had this kind of activity ever since the death spiral convertibles were put in place....nothing mysterious about it.
Niz....mark this post.....they will most likely require furthur financing....(probably more of the toxic variety)
THTHF is fool's gold.....99.9% of people that buy either can't sell it, or they lose their shirts on it.....
Niz...the r/s is still coming....count on it!