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bro read my last post from a few days ago, Elon is asking for our help
the PR said 450k in pre-tax profit bro, thats different from gross.
and since they've racked up losses over the years i dont see taxes being a material issue.
either way i'd much rather hear some detailed news about the 3D cell. That's what i get for messing around with penny stocks. Go SLTD
+1, two PRs where he gives one fluff sentence about the 3D cell; this penny stock is starting to smell like a P&D.
On a side note if his profit was 450k pre-tax, extrapolate that over 12 months and you get $5.4 million in pre-tax profit. Divide that by 300 million shares and you get $0.018 EPS.
Take $0.07 by $0.018 and you get 3.9x PE. The avg. P/E of the solar ETF TAN is ~19 so you do the math...
and later on:
"we're going to keep looking at potential future acquisitions of technologies that are maybe at the earlier stages that are really promising, because the path to ultimately having solar power be way cheaper than coal or frac gas power is to combine huge economies of scale with the most advanced technology, So we want to make sure we stay on the ball there and we'll be actively looking at additional companies to acquire as well as building up our internal engineering capability to achieve that goal."
- Elon Musk
from the Silevo acquisition conference call:
"if anyone has suggestions on what SolarCity should be doing, we would love to hear them. I mean our goal is really to make all the right moves to improve the cost of solar power and make it competitive, obviously a lot less than grid power that comes from coal or frac gas. So suggestions are welcome if you think that like, if you think we are making a mistake in some way or there's something better that we could do or something we haven't considered, we'd love to hear it."
- Elon Musk
dont forget the "E" is for earnings, meaning profits, and most names havent had any until recently. The industry is on the cusp of explosive growth so the range in P/Es is huge because of the volatility in earnings among the firms.
At least that's my take so I stick to price to sales. Go SLTD
i took it to mean dont compare a lemonade stand to Minute Maid. Yeah they're both making money but this is still a penny stock.
We're all here because of the 3D cell so let's just hope they hit a homerun on the latest prototype and we all make some coin. Go SLTD
how do we convince the powers that be to add SLTD to the "MAC Global Solar Energy Index?" that way it'll get added to the TAN etf.
it's no longer a development stage company so i think we have a legit argument.
dont your charts give 4 digits? I'd imagine SLTD support is somewhere between 5 and 6
has anybody tried to contact SLTD mgmt in a while, and if so do they respond?
I wonder why no update on the 3D technology in that fluff PR that came out with the 10-Q?
IMO that target is based on the SUN acquisition alone, not to mention it's assuming no additional growth. go SLTD
market is forward looking and 2014 guidance is pretty conservative (~20% revenue growth from 2013??). Story hasnt changed (ie, in-flight connectivity leader) so I dont see a reason to sell unless you bought at $35 and need beer money for the weekend.
ha, I agree with your agreement as well. I was merely quoting from Happy Gilmore. Go SLTD
+1, price to book of ~6.8x, I'll take that action on a first mover.
yeah right, and grizzly adams had a beard
I'd imagine trading would have to be halted if they released earnings during the day. That's why most companies announce before or after hours.
If anything I'm surprised they're waiting till March, I thought it woulda happened some time in the next couple of weeks.
$GOGO
i was wondering the same thing so I got out yesterday; not sure why it jumped the way it did but Pres was right about one more pump from Canouse.
best of luck to anyone holding for penny land.
last paragraph of the latest wall street newscast write up:
Based on a market capitalization of just around $360,000 to $400,000 it can be very justifiable to see the stock recover back to the $0.015 to $0.02 level, or a $900,000 to $1.3 million market cap as more definitive news and projects are roll-out in the company in early February of 2014.
http://www.wallstreetnewscast.com/profile/fpfi.html
just like "news shorty" on their twitter feed, gotta love the grammar mistakes on this one too.
i thought they hinted that we'll hear news in early Feb?
we might have to wait another week or so
from wall street news cast:
it can be very justifiable to see the stock recover back to the $0.015 to $0.02 level, or a $900,000 to $1.3 million market cap as more definitive news and projects are roll-out in the company in early February of 2014.
did Quirk's interview get very specific about what the projects are supposed to be? I refuse to listen to it myself because I dont want to get depressed.
it's muddy water between incompetence and scam. Ludlow Research puts out a piece saying a transaction should be expected within weeks if not days, the FPFI twitter feed even said "news shorty," and then Quirk the Crook chose to go dark for weeks. 5 months of DD to determine a company has too much debt? That should have taken a 30 second glance at a balance sheet...
if you want laughable here you go:
The final offer, which has not been disclosed, was a combination of equity, debt, cash and a promise of growth capital via Fresh Promise Foods funding relationships.
I didnt know people still did business deals based on handshake???
nice, Wall Street News Cast finally updated their website to show FPFI with price target of $0.02 rather thah STKO and a price of $0.002.
Best part of that whole interview/write-up is the new price target of $0.02 is premised on the notion that "definitive news" will pump the stock 500% to $0.02.
do you think this can pop into the 80s or higher?
the stock is going from 20 to 60, 30 to 60, etc, so somebody/some people are making a little bit of money with those moves.
so the question is this: if people sell on the news (news being this "interview"), is 60 the top? Quirk the Crook has no credibility so how can this get back over $0.01?
+1 on the post that i'm responding to
I love how this bogus Wall Street News Cast website still has FPFI listed as Stakool with price target of $0.002...regardless of whether that price is too high, I'm curious why Canouse doesnt just send out a tweet/facebook post that he's scheduling a company update, and then he and Quirk do a presentation and post it to SoundCloud. Woulda saved them $10,500 and I'm sure word would have gotten out just as efficiently.
If only they weren't running a penny stock I'd call them a bunch of morons, as it is they're just lowlifes. Go FPFI
nice find, i wonder if Pascal Processing, the company that follows FPFI on twitter is going to be there?
agreed, 32 shares per purchase will get us back to pennies in no time. The sky's the limit if we get another pump from Canouse and the Alpharetta Crew!! (sounds like a 50s rockabilly band)
With such a relatively low float, this could shoot up in a hurry (as if going from 20 to 60 is no big deal already...)
does anyone know the contact info for Keith Pardy? His name was mentioned in that PR from the summer about creating a "BOA." According to a quick Google search he's the CMO for The Weather Channel Companies (which is a subsidiary, not the parent company), but I can't find an email address.
The fact that his name was mentioned is really the only reason I had any thought this play was legit, and since he nor the company have come out and said he never had a business relationship with Canouse or Quirk or anyone at Stakool/FPFI, it still gives me a glimmer of hope because why would he be involved in a penny stock P&D?
i use the "contact" link on their website and use the pen name Kevin Crook. One of my last messages was asking if we'll get another pump before year end. Maybe one day I'll get a response.
you'd think if they diluted ~5 million shares so far this month they have enough cash for one more pump this year. Here's hoping!
the first announcement of the reverse split showed Joey C owned 1 preferred share and Quirk owned nothing. Then magically they have equal ownership with no Form 4 filed. Didnt know you could do that.
Either way Quirk rhymes with dog meat. FPFI will see trip zeroes before it sees pennies again. Unless of course they do yet another RS/name change.
should have known this was a trap when the latest financials showed that Quirk/Crook owns zero shares and Canouse only held 1 share of preferred stock with the equivalent common share voting rights of something like 20 billion just so he could do a reverse split without a hassle. If Quirk really thought he could turn nothing into a $40 million HPP empire he would have skin in the game rather than setup a bogus website/twitter/facebook account.
Quirk has got to be either a step-son/in-law/latest boy toy of Canouse. All I can do now is pray for some sort of dead cat bounce/short squeeze?
GLTA and RIP FPFI, this board has gotten me to laugh out loud sometimes.
p.s. has anyone else noticed the phrase "have we formed a base at these levels?/it cant drop any lower" is the new "news soon/tuesday." VOMIT
Three Items:
1. Starbucks owns Evolution Fresh, which they bought in 2011 and they do all the HPP processing in-house. I think they ramped it up a lot this summer.
2. Is it a coincidence that Graham Partners bought Universal Cold Storage last December? Maybe they had a 1 year commitment and Quirk thought they might be looking to sell some if not all?...so going along those lines maybe Quirk was planning/hoping to acquire a portion of UPC but then plans changed and they opened the shop in Villa Rica and it's called UPC Southeast LLC rather than Fresh Promise Foods. And now Quirk is SOL and looks like an idiot and is scrambling for a new idea? In which case
3. that was me that got some 007s today, and I put the order in last night. Only about 20% of the order got filled. Doesnt do much for my average price but I figured what the hell!
Quirk is a bad boy and needs to be spanked:
1. Post split I guess they were able to pump the stock price in the mid 2s for a while and then radio silence, that is the making of a penny stock scam
2. Research reports claiming deals will close within "days"
3. Bogus twitter/facebook/website
4. The "contact us" page doesnt list an email address/phone number or address on their website, just a form to submit in which they dont respond. They do respond to info@freshpromisefoods.com if you keep at it, but they offer no real answers
5. back to no bid
I forget who has it, but whoever has Quirk's personal email address should share on the board. Only a penny stock salesman would hide until they find a new batch of victims. If he was a legit businessman he'd realize the error of his ways, but maybe he wont until he hears about it from enough people. If he got 200 emails a day telling him he's worthless and should go back to the circus as a freak show clown maybe he'll get the hint that he should give us an update whether it's good or bad, just something!!!
Go FPFI Go
and WTF ever happened with that Tweet about news? Did someone hack the FPFI twitter account? Or did UPC Southeast LLC decide to go their own way? Either way we deserve answers!!!!!!!!
I'd hate to sell in sub pennies only to see a dead cat bounce back to 01. Minimal faith in Quirk and FPFI but at this point a 60% loss is about as bad as a 90% loss so I might as well keep the faith and hold.
Besides, if this was a post-split pump and dump, where was the pump? Or was it that little window when it dipped into the 01s and then hovered in the mid 02s for a few days for a ~30% gain? Where's the fun in that?
i'd only sell tomorrow if shannon miller starts endorsing HPP products.
today's 8-k doesnt mean flip
Quirk/Jerk/Crook is supposedly buying not selling so who cares about FPFI's corrected balance sheet. Worst case they are trying to distract us with bread and circuses, imo.
People keep forgetting how buyouts/mergers/takeovers work. That Ludlow Research report was correct, you cant go from 45 O/S to 100 and not expect the price to tank, I just certainly didnt expect it to drop sub penny!
If you invested in this for the HPP deal(s) just focus on the future: $30 million in sales divided by 100MM shares should be around a $0.30 share price. Let's say the Canouse Goon Squad max'd out the O/S to 450MM; $30MM / 450MM = $0.067 and everybody still wins. With the sort of operating margins HPP companies are reaching, Quirk could do a massive bridge loan (massive share dilution) and then pay it back rather quickly.
So as with all penny stocks the question still remains, does Quirk = Crook?
If you bought this based on some sort of post split technical analysis then I'm sorry for your loss...
how do we know Kevin Quirk/Jerk/Crook and the goon squad at FPFI aren't behind today's "research report???" When I read the report I almost barfed all over my computer thinking Quirk was abandoning the idea of HPP and going back to selling fancy wrapped energy bars. No one on the board mentioned the report when it first came out so either it's old news or a bogus ad? Question remains: who paid for it?
Back to sleep until Quirk decides to man up.