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Jax! This was a message Bart Lugard sent to Hamp a few days ago regarding some questions he had asked.
I agree that lots of promises have not been materialized this to all kind of circumstances. At this moment we are getting a better team together to better run the public side of the company because this has not been a focus for a long time.
When indeed we have the perfect team in place I cant promis you. What I can promis is that I am working hard to get things organized.
Regards,
Bart Lugard
Investment manager
If you want to email Bart with any suggestions for getting more people interested in this company, he seems to be interested in hearing from shareholders. Seems to be good at responding.
Using latest Outstanding shares and todays closing price, this company has a market value of $29,415.
Just my opinion and my experience, but any company that is on the Pinks, current in their reporting and at least producing news that they seem to be trying to do something, (No matter how bad the management might be), that is worth throwing a few dollars at just to see what happens.
Sure, everyone is going to say it's just going to go to Zero. But, I'll wager the company will again be worth more than $29,000 before that happens....
You might read post 3751, 3752 & 3753 between me and Hamp awhile back. As I state there, I have no idea if it's true.
"News" if anyone here really cares.
http://www.digitaljournal.com/pr/3425221
I would say that is positive since the closing of the deal 1/27/16. Then 2/7/17 RHCO had to file suit against the sellers for apparently not delivering all the intellectual property associated with the website that allowed RHCO to fully develop the site as planned.
I believe even a small foothold in the area would make this company worth much more than it is now.
Google Translate is an excellent Tool.
That chart does look bad at first glance but while Bol.com has 58% Excellent and 22% Good reviews for total of 80%. Neckermann.com Does have 29% Excellent and 17% Good for total of 46%.
Obviously huge room for improvement.
The 38% Very Bad for Neckermann.com vs 10% for Bol.com is not good but hopefully someone is in charge of addressing this issue!
Since in Dutch & I cannot understand the conversation as you pointed out, does the Company representative think they can get things on track or not? And what do people there think? Is this problem the majority of customers or just a few?
I tried to update the information on this page last night to at least allow someone to see & read what is available about the company. I was willing to do a lot more a long time ago but There is just not alot of info Ron has put forth on the website or in news for a long time.
NOHO Quarterly earnings Report out! Looks like Gelmon plans to keep NOHO Pink Current for another 3-4 months.
https://www.otcmarkets.com/financialReportViewer?symbol=NOHO&id=176172
https://www.otcmarkets.com/financialReportViewer?symbol=NOHO&id=176173
Be that as it may, if he had stayed private with his businesses, we would not be here because he would not have bought a/this public company...!!! So what is there to say? I think you and I know that the BIG money that could easily propel this company forward and that is most easily accessed in the world, is here in the US/Canada. There is certainly alot of money elsewhere in the world. But, it is not as easy for the average person to invest anywhere else in the world that I am aware...
For me, Ron has always seemed to do things that fit the investing style of Europe or Asian investors. Ok if you're a big company on the big exchanges. But RHCO is not and trades on the Pink market. Lowest of the Low except for the Gray Market!
There are alot of players but NOT alot of money that plays the Pink market. I would say over 90% of those that do are not investors but traders/flippers. IMO, They want news updates and no matter what, will not stay around long with a stock that is not moving.
That is why it has always been important to get uplisted. Then you can tap into money from investors that WILL buy a stock and put it away for a time to see if it will grow!!!!
I'll get off my soapbox now. Hope everyone has a good day!
I Guess! How about telling Ron that if his investor/investors have not gotten all the shares they wanted from whatever deal he was tying to work out with them, maybe they should come back to buying in the open market again like they were doing before. Looks like they could get some cheap shares and I'm sure others like me would like to see some trading again.
I read alot of forum boards and I know the 911 is Joked about "alot" as sort of an Urban legend "but it does show up often", so I do not know the truth in any of it. That list came from 15 years or so ago so who knows since I am no longer close to MM's as I once was. Perhaps someone here that is could comment. But it is strangely true how this stock and others I have watched does seem to follow this pattern...!
Over the years, I have wondered about these small amounts of shares traded in the low 100's.
Just wondering if you think the following table is still used by market makers. It certainly is exactly what happened today but this information is from years ago and I do not know if it was ever 100% true.
MARKET MAKER SIGNALS
Penny traders believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought. The "signals" are from one MM to another.
100 - I need shares.
200 - I need shares badly,but do not take the stock down.
300 - Take the price down so I can load shares
400 - Keep trading it sideways.
500 - Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
911 - Pending News
Another exciting week! Wasted time, Dead Money.
We here @ OTTV are happy for you that you should now be out of this stock and able to invest in something "BETTER". As for me and alot of others, we'll stick around for awhile longer.
So RHCO is receiving enough revenue from selling meat, cows and genetics to maintain the heard with feed and care. At least that is something. Hopefully they will get the additional partner in place to actually start serious marketing of this asset!
Hamp please send again, have been having some email issues and did not get anything today. should be ok now
So, Hamp. Do you know if RHCO has begun making any revenue from this herd of 450+ Wagyu Cows/cattle. Being somewhat a country boy, I understand just how much it might cost to Feed and take care of that size herd. However, if they have the right people managing this segment of the business, this alone could make RHCO worth something much more that it is currently valued.
Guess I'm just grasping for straws, as investing in raising cattle is not a game for old men.
Gelmon carries around plenty of baggage that investors should consider. But, there are also many very successful bussiness leaders that failed many times before they succeeded.
Their 2nd QTR ended May 31 not June 30
Well you are wrong about that when you're talking about a Pink stock. A Pink company can continue to file financials and stay Current. I personally own one stock that has been deregistered since 2000. They are Pink Current and just released latest quarter fins 2 days ago.
Yes, could be a scam, MOST Pinks are!!!! So, can you prove he is the "MOST" halted????
Certainly not trading MUCH. However, why would you think they would be shut down when the company is OTC Current???
2 reasons next few days as well as mid-July will possibly determine whether NOHO will ever increase in pps or amount to anything.
1) Will CEO release Quarterly Report for Period ending May 31.? Report for Qtr ending 2/28 was released on 3/22 so would expect latest Qtr release any day now.... I really doubt CEO took the trouble to bring company up to date just to abandon it just as things seem to be starting... While I expect a report to show no revenue, it might update any developments with company as well as state current share structure at that time. Most importantly would show company will continue to release financials as needed to stay current...
2) On July 12, Will anything that is actually significant happen as has been stated regarding web sites...???
News? Monday or Tuesday??? If he was talking about Quarterly financials released yesterday, I'm confused because I read those numbers over 2 weeks ago. Notice they were signed on 5/30 and are usually released at that time...
Here's to hoping it is something of substance. We could all use some good news!
Wow! What a spread today, started at about 3-9. This stock has gone silent and I really don't know if it will ever come back. I will check back from time to time but have spent too much of my life trying to figure this one out...
I'm sorry, did you say Ron is moving "Ware Houses" or "Mare Horses"? You know, I lost my glasses. I just never know what Ron is up to! Who knows??? ,,,,,,,,,,,......... But, I still believe if he would get at least one or two people on board that understand the OTC market, how it works, how he could use it as a financing tool. This stock could easily pop many 100% from where it is now based on what other Pink companies are trading. God, weekly I see companies go from trips .0001 to pennies .01 with so much less potential than what RHCO has.....
Interpretation: via Stockcharts.com
The Accumulation Distribution Line is a cumulative measure of each period's volume flow, or money flow. A high positive multiplier combined with high volume shows strong buying pressure that pushes the indicator higher. Conversely, a low negative number combined with high volume reflects strong selling pressure that pushes the indicator lower. Money Flow Volume accumulates to form a line that either confirms or contradicts the underlying price trend. In this regard, the indicator is used to either reinforce the underlying trend or cast doubts on its sustainability. An uptrend in prices with a downtrend in the Accumulation Distribution Line suggests underlying selling pressure (distribution) that could foreshadow a bearish reversal on the price chart. A downtrend in prices with an uptrend in the Accumulation Distribution Line indicate underlying buying pressure (accumulation) that could foreshadow a bullish reversal in prices.
Read for yourself: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:accumulation_distribution_line
Wow! Someone is loving this stock! Over past 30 days the Accumulation/Distribution line shows over 588,000,000 shares of Accumulation. Just follow the yellow line under the bar chart.
https://www.barchart.com/stocks/quotes/OTTV/technical-chart#/technical-chart?plot=BAR&volume=total&data=I:120&density=H120&pricesOn=1&asPctChange=0&logscale=0&im=120&indicators=ACCUM&sym=OTTV&grid=1&height=210&studyheight=100
When share price goes down while accumulation goes up, it usually means something. But then again, maybe not.. This is the Pinks!!!
OTTV is OTC current and SEC current in its reporting. A/O April 6, 2017, there were 609,749,201 shares outstanding and about 2.5 billion authorized. Even if outstanding shares were to over triple to 2,000,000,000, PPS should be worth about $.005 if company generated only $500,000 profit & using a 20 PE ratio. But this is the Pink market, so we all know PPS would be worth many times that once Peeps see company is generating revenue.
I know most peeps here are traders/flippers NOT Investors. But, this is one I will be patient with and see what happens.
Thanks! 3 day Holiday weekend for the market so enjoy!
So did your friend try again with his broker or just let it go?? Have you spoke to Ron lately to see if you could figure out what he's currently working on???
If that was in fact the brokers statement, I might consider looking for a new broker.
However, since RHCO is on the OTC Pink, a company can be Current, Limited Information (Yield) or No Information (Stop).
I recently bought a stock that was listed as (stop) because were delinquent in their SEC filings. About same time my broker would not accept a buy order on a stock with a (Stop) but it was considered Dark/Defunct! Maybe that has something to do with your friends broker. But, RHCO is only listed as a Limited Information (Yield) so that really should not have made a difference.
At this point, I think Ron will have to show significant revenue growth and/or a profit. I'm doubting he can show a profit at current revenue levels so I'm leaning heavy on needing to see revenue growth.
Hamp,
Over the past few years I really believe Ron has been trying to build a significant company.
I still do. However, during that time, I have been waiting for Ron to "PROVE" he was making "significant" progress.
He seems to take one step forward but 2 steps back... I had friends and potential investors I could have told about this stock. However, my reputation is more important than any stock.
My best friend that could have bought the company (theoretically) with one trade, suddenly died at end of January. I was hoping to eventually tell him about RHCO. However, he and I met as brokers @ same firm many years ago and we would never recommend anything to each other unless we were confident in our belief.
I'm still waiting on that confidence because I do not yet have it and my wealthy/well connected friend is now dead.
I could easily have an additional 25-50-100 investors (maybe more) take a look at this stock on any day I choose. However, I will not mention it until I feel confident Ron has finally got things under control...
Waiting, Watching, but doing other things with most of my money!!!!!!!!!
Have they actually finished acquiring the amount of shares they were hoping to get??? As I recall, that is when they were suppose to begin to help with different aspects of building, expanding and supporting the company. If they now have the shares, I really cannot see any reason for them to care if the stock stays at $.05 for the for-see-able future. They obviously did not invest to flip the shares for a quick profit.
Since Ron was convinced to stop the trading that was occurring over the past few months, I doubt there will be much to see here for some time to come. Unless Ron surprises with significant and totally unexpected news or developments....
Yes! It is. I will admit the only reason I still am around this site is that I really believe Ron has pursued some extraordinary deals for a company trading as a penny stock. I think he has tried to do to much with too little capital, not enough talented help and a lack of understanding of how the market/market investors are different in the US, Europe and Asia. That said, I still think this could end up a big deal with what RHCO has and is working to do..
Time will tell...
Not sure. Read Hampstead and my last few posts. From what I know, What's happening now is currently all about new/additional investors.
But, about Ron. Think he is just use to the European way things work.
You and I both know that this company (on this exchange) could have been extremely active, volatile, popular, etc. for the past few years. (((How many penny stocks have significant revenue (any revenue) and even show a profit as RHCO did for several years in a row)).
As long as Ron does not get into one of these convertable note/toxic debt type financing deals, then this is a stock I will continue to own and watch.