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SEC Calendar of Filing Deadlines:
http://www.secfile.net/SEC_calendar.htm
VV
INKN files SEC Forms 10Q and Amendments on 08/16/2010
For the quarterly period ended March 31, 2010
10-Q: For the quarterly period ended June 30, 2010
http://knobias.10kwizard.com/filing.php?param=&ipage=7106904&DSEQ=1&SEQ=&SQDESC=SECTION_BODY&exp=
10-Q/A For the quarterly period ended March 31, 2010
http://knobias.10kwizard.com/filing.php?param=&ipage=7106900&DSEQ=1&SEQ=&SQDESC=SECTION_BODY&exp=
VV
We've exceeded Friday's volume before the first hour is done.
Already the highest volume going back to June26 when we did 8.7M.
Looks like we're going to have a Good Day here.
VV
AmericanBulls now rates ISCR as a BUY CONFIRMED!
http://www.americanbulls.com/StockPage.asp?CompanyTicker=ISCR&MarketTicker=OTC&TYP=S
Well, it's about time!
VV
You may have already leaked too much information. LOL!
My shares are held in street name in my IRA. I seldom get anything from any company whose stock I own.
Please let us know if it turns out to be something important. Like a voting proxy statement, etc.
VV
I agree that chart has changed.
Today, the Buy/Sell ratio is just about even. There has been mostly buying at the Ask. So whoever is buying has abandoned the idea of trying to scalp shares and just wants them, as the supply is dring up. And today, NO shares have traded below .003 so that may be our new base.
We're looking better and better, especially for a Friday 13th!! Can't wait until next week.
VV
Usually, about now I get a really strong compulsion to take profits.
That's what I'm fighting against today, as the PPS is up nicely. The feeling is gnawing at me and is almost over-powering.
I just bought my current position less than a month ago and I'm now up 79%. That is a fantastic ROI for such a short term play.
But I think MetaPower really has some legs under it. My gut is telling me it can run huge from here. It has been down so long it is acting like a coiled spring. It is just largely misunderstood, and undiscovered, by the general market. It is becoming ripe.
We just had a major scandal involving safety in the oil industry and that news is still very fresh. When the new product comes out, and with the news promotion, this stock is going to develop a real tail-wind that will propel it nicely thru the end of the year and beyond. The only thing that can screw this up is another economic soft patch and a double-dip. I'm optimistic that this won't happen.
So I will just fight my compulsion, and continue to watch my streamer, while chanting "Don't sell now... don't sell now... don't sell now... Huumm!"
Good Luck to All Longs. Further patience will be rewarded.
VV
floridaboy, By contrast ... it could be far worse.
For example:
SYMW is doing a 1 for 100,000 reverse split.
VV
wau77, There is no mandated requirement that folks carry...
... around a MedFlash, or any other similar device. And not likely to ever be such a requirement. An embedded RFID chip would simply give the market another option to consider. The difference being you can't lose the data.
Religious arguments are for those who allow religion to rule their lives. Same for societal arguments. Ultimately, if they don't like the option they won't buy into it. in the end, only the "market" will decide the winner.
Certainly, an embedded RFID chip is not for everyone. But I admit that I have a pro-technology bias. I grew up in the computer business, starting out at age 20 back in 1963 as a programmer. I retired in 2002 at age 56. Because of my back ground I don't see any problem whatsoever with RFID. And it does easily solve a certain class of problems. But even today I have several good friends who remain computer averse and won't even use email, etc. So Different strokes for different folks, as they say.
RFID really is a much better solution than what is being proposed. But as I said, THAT is my bias and my opinion as a retired technologist. But I strongly believe that it will be several years before the dust settles and we know what works and who has it.
As it stands right now Connectyx is just one more "me too" player with a lookalike product. In situations like this they can only compete on price. I was simply suggesting that they should break away from the crowd and be innovative, while there is still time to do so. That is, if they want to ultimately win the game.
All just my opinion...
VV
Fasctrack, I suspect the RS was mentioned as a way of dealing...
...with the "perceived" problem of the high O/S of 2,030,876,154 Shares against an A/S limit of 2.2B, as shown in the iBox.
But currently 1,870,756,949 of the O/S are Restricted, leaving a Public Float of ONLY 158,732,189 shares. The trading float is very reasonable.
So, since those restricted shares can't affect the trading, it's not really the number of shares that is the problem, but the percentage of ownership. Those Restricted shares are most likely a result of the conversion of the Preferred Shares, which were sold to keep the company afloat. So they are very much like debt, and debt can be "extinguished" with cash.
From my viewpoint a better solution would be for the company to initiate a Buy Back program to reduce the Restricted share count, which would otherwise eventually enter the public float. They said they are on-track to make over $10M this year. That could buy a lot of shares at the current price. And announcing a Buy Back would surely bring much needed attention to the stock and likely bump the PPS upward.
All just my opinion.
VV
fly_fisherman, "Who doesn't have an elderly member in their family..."
And building on the theme of: "The potential is endless."
Of course, the need is there. And the Govt. umbrella of subsidies is being put into place now. But what about the solution to the problem?
I suggest that Connectyx be the first to come up with an RFID device for holding health records that can be embedded under the skin. That way, when they scoop your grandmother off the sidewalk and take here to the EMR, they can scan her for the much needed list of prescriptions, etc. This is really the only ling-term solution that is viable.
It is also standard practice in the veterinary industry now. Every vet has an RFID scanner and routinely checks every "patient" that comes thru the door. Beyond that, some rich people are already using RFID "keys" for convienent entry and operation of their expensive homes, cars and boats. Embedding a chip is not as bad as it sounds and will eventually become commonplace.
As long as the proposed electronic health records are to be contained in some sort of external flash memory device or USB thumb drive, etc. there is a strong possibility that it won't be available when needed. I don't think it is reasonable to expect folks to wear these dodadds around their necks like jewelery. But who knows. And if it is on the ring with car and house keys then it may be stored away as personal property and not even examined or recognized as containing the needed records.
From what I can tell from watching the market there are a lot of vendors pushing their particular solution. But there is simply no clear cut technique or provider appearing on the scene. Not yet anyway. I am guessing it is going to take a year or more for the standard practice to be nailed down. That will lead to a gigantic shakeout in the industry, affecting companies like this one.
The copycat approach isn't going to win in the end. Connectyx needs to be highly innovative so as to get out in front of the pack, as the leader with the go-to solution.
All just my opinion...
VV
Received a postcard from Chase offering $100 if I open a free checking account.
Weird! I can't fathom why they would make this offer to me now. Maybe they can't find sufficient customers to keep the branch open.
It just seems to be the height of irony. I banked with Washington Mutual for about 20 years, and quite happily. I bought WaMu shares a few days after the takeover and BK. I closed my checking account the day the Chase signs went up.
But I will take advantage of their $100 bribe. I will throw in some matching funds. Then write one check to my broker leaving a few pennies behind. I will use it to buy some more WaMu stock. I think it is an excellent gamble when "the house" is funding it.
I just thought this was funny enough to share. Curious if others are getting the same offer.
VV
BARCHART indicates the TA is improving.
Short Term Indicators Average: 40% - Buy
Medium Term Indicators Average: 50% - Buy
Long Term Indicators Average: 33% - Buy
Overall Average: 32% - Buy
Resistance = 0.0067
http://www.insidestocks.com/texpert.asp?sym=mdfi&code=BSTK
VV
Gallery of photos of various Patrol, Strike and Assault Craft ...
... that Radix Marine might compete against someday:
http://www.naval-technology.com/contractors/patrol/gallery.html
Naval-Technology.com offers a free newsletter in case you should want to stay informed of developments in the Defense Marine Industry.
VV
One of the CMCJ Directors has reported acquiring 666K shares.
SEC Form 4:
http://knobias.10kwizard.com/filing.php?param=&ipage=7102424&DSEQ=1&SEQ=&SQDESC=SECTION_INSIDER&exp=
SEC Form 5:
http://knobias.10kwizard.com/filing.php?param=&ipage=7102420&DSEQ=1&SEQ=&SQDESC=SECTION_INSIDER&exp=
66K @ <n/a>
100K @ 0.30 on 8/20/09
300K @ 0.40 on 12/30/09
200K @ 0.25 on 6/30/10
So, if he's buying CMCJ shares, one would assume that, he must believe it is a good deal.
VV
The following passage from the Financials doesn't read quite right.
"11. Preferred Stock
The Company exchanged 3,210,194 shares of common stock for 16,050,970 shares of series A convertible preferred stock during 2008."
I would think it would be the other way around, as in: exchange Preferred for Common.
Could be a typo?
VV
Q2 Report looks good!
"Q2 Revenues were $2,972,392, an increase of 37% over Q2 2009 and an increase of 13% over Q1."
Here is a direct link:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=35078
VV
Movenonup, Would you mind sharing what you thought looked good about COPI?
I own it too. And I've bought and sold it for profit, many times. And I have my own perspective on the situation. I hate telemarketers. I usually hang up on them when they call. But that has absolutely nothing to do with why I own this stock.
I view COPI more like a pony in a horse race- a pony that I've consistently won with before. So I'm inclined to "bet this pony" over and over again, as long as I win. Some might call me a "flipper", but I've never really been very good at gymnastics. Actually, I'm just a Trend Trader, and I buy and sell this one about twice a year. So I'm just passing through, forever on patrol.
So what about you? I would like to hear your viewpoint. Maybe I might learn something new.
VV
Well, COPI is NOT a "pinky".
It is a fully reporting Nasdaq OTCBB stock.
If you don't know the difference, then I must agree. Don't buy into these types of low-priced stocks until you are more knowledgeable.
Good Luck.
VV
The DOW is down 234 points, and falling.
Great Day for bashing with false rumors.
Since Yahoo is the source, that should be a Red Flag warning. IHub has always been the go-to source for the highest quality rumors.
All just my opinion...
VV
jjgarcia, Yeah, that's what companies do...
They react to changing business conditions.
Since their DNC lookup software works in conjunction with a big expensive telephone system switch, costing upwards of $50 million, I don't see how they would be able to "port" their application to the Internet to deal with the emerging online "telemarketing" connections via social networking and email, etc. Currently, those don't even require the DNC list. That just doesn't seem to be the way for COPI to go forward with a new technical product. However, I could be mistaken. But obviously, the current product-service can be replicated, over and over, as needed. And as long as there are land lines and POTS.
And of course, they have recently acquired a new company with an employee hiring evaluation software package or suite, which seems to be targeted at expansion in the telemarketing business. And anything that helps in the hiring process is good for business.
If the telemarketing segment starts to make a comeback then both of these products or services should come into play and start generating increased revenue. And if cell phone numbers are ever added to the DNC list then the entire system will expand many times over.
So, that is two-out-of-two in the telemarketing biz. It seems obvious that this is the biz plan or theme that they are going to stick with. In other words, I don't foresee any radical diversification from this theme.
So, if further expansion is in the plan then it will be very interesting to see just who or what they acquire next. Or else, if they will develop something new internally.
Compliance Systems Corp is no where near being dead-in-the-water. In fact, they are very well positioned to participate in the coming economic recovery, whenever(?) that begins. This assumes that Consumer Product companies will still use Telemarketing to sell their wares. Even the outsourcing of telemarketing services, mentioned in that article, is still going to need to address the US DNC list problem if products are to be sold here.
All just my opinion...
VV
The Telemarketing industry appears to be evolving.
I found this short article and thought it interesting enough to share:
"Why Telemarketing Growth Took a Dip
The telemarketing industry has witnessed some sharp rises in the growth chart. Studies conducted on call center units by various independent surveys have validated that. It's true that last year the BPO sector was not really working wonders for the employees or for the economy. Things started to change for the better during the early months of this year. The first quarter, from January to March, paid great dividends to the telemarketing services. Encouraged by their success, the call centers went all out in the second quarter to attain something bigger than it was last time. The efforts were not less than what was desired. However, things didn't turn out well for the BPO service. The spike of the first quarter was followed by a dip in the next.
There are some valid reasons why the telemarketing sector couldn't repeat the performance of the first quarter. The main reason is the amount of offshore BPO outsourcing that is happening on the global scene. Call centers in the developed countries are going dry because the projects are not really there for them to work on. Telemarketing services being outsourced to the developing countries meant that the domestic projects were not coming to them. The business firms would, of course, prefer offshore BPO service because of the cost cuts that they can avail. The money generated in these deals is less than what it would have been for call center units in the developed countries. The lesser sum of money involved is why the total revenue generated dipped in the second quarter.
Another reason is the Do Not Call (DNC) list. The telemarketing agents are hugely restricted by the growing importance of the DNC list. Telecom authorities across the world are coming down heavily on telemarketing services that violate the DNC list. Call centers are being burdened with law suits and penalties. Previously, the call center units could get away with these violations. The situation has changed in the present scenario. Now, you have the authorities enforcing the penalties in an active, aggressive way. Clients are wary about BPO units that have a legal hassle to deal with. No client would want to associate themselves with such a BPO service unit and bring harm to their brand image. That's something that the business process outsourcing firms will have to be careful about.
The telemarketing sector may also have been hit with the increased dependence on the internet for lead generation. Voice calls are passé for many clients and companies. They want to use Web 2.0 tools for their sales lead generation. The result is that the call center units are relying on social media networks and websites to promote products/services. The search engine optimization (SEO) efforts of the BPO unit make them come off as the market leaders in BPO service. In fact, SEO is now a distinct part of the call center services. The outbound call center agents are spending more time in creating profiles and maintaining them on social media networks than in calling people."
http://www.sooperarticles.com/business-articles/presentation-articles/why-telemarketing-growth-took-dip-126290.html
It appears that the author works for a Telemarketing Outsource service provider:
http://www.fusionbposervices.com/
VV
smoke, Thanks! I'd call this an asset-rich value play ...
... selling at a ridiculously low price.
There is some big money to be made here when it moves to a proper valuation.
Funny how the market hasn't discovered this one yet.
All just my opinion...
VV
Like I said, work the numbers and make up the date that suits you.
At least we agree that it did happen. That's progress.
VV
You can move these lines around whatever way suits your needs.
But the bottom line is that the LT MA and the ST MA have crossed in a Death Cross configuration, based solely on their trend lines.
Now whether it happened a week ago, or a month ago, or tommorow, it doesn't matter much. What matters is that it happened and it is reflected in the numbers, that don't lie and can't be disputed.
However, it is only one TA factor to consider, and others look far more promising.
Good Luck.
VV
i-Glide, Great post! Keep it up.
I do understand all of the excitement surrounding what Monkey Rock is doing, hosting concerts with high-profile R&R groups, etc. Obviously, there is a good deal of revenue from that and other events yet to be held.
But I guess I am still mystified as to how the shareholders are going to cash in or even break even on their share ownership. It is not clear to me that this company is even capable of making a profit, regardless of how much revenue they bring in. Basically, they're hosting a gigantic party, which doesn't seem to be a very sound basis for running a business. And their financial track record from last year's Sturgis Rally is not too good. I hope they do far better this year. They better.
I sincerely hope that they can hold onto some of the money they're making. That would be called "retained earnings" and would rate a separate line item on the P&L statement. An actual profit would help build in some much needed credibility. From my viewpoint it is critical for this stock that they show a positive cash flow on the next financial filing. Now what they do with those earned dollars is another story altogether. But they best not slip them into their own pockets, like they did those 640M shares.
Obviously, this stock doesn't pay dividends, and not likely to. So unless the shares bought are re-sold there is to Return On Investment. The last couple of days I've seen the Bid at 15 cents and the Ask at $1.50. That is quite a spread. When you see that wide a spread it usually means that the Market Makers are not too enthusiastic about actually "making a market" in the stock.
A few days ago there were some lucky(?) folks here who were able to buy a few shares at 75 cents. So technically, they're now down 80% to 90% in less than a week. Having said that, I wish I could have got some @ .75 cents to avg down. But the issue is how many concerts will MR have to put on before the stock recovers to pre-split levels? Are we looking at multiple years or more here? Based on how this trades, it sure does look like a long-term hold for anybody who bought recently or owned pre-split shares.
I just don't see the connection between what the company is doing and the possibility of me profiting from it. If anything, there is an obvious dis-connect. Should I be looking at the shares as just something to have "pride in owning a piece of the rock", kind of like an expensive souvenir?
A few days ago someone posted that they contacted the company and got an email response. But the gist of it was they're too busy with preparing for Sturgis to respond with anything material. OK, I understand that. And probably, after Sturgis they will most likely still be too busy, maybe in preparation for the next event, or whatever. And it may just go on and on like this until their unregistered shares can be sold. As far as I'm concerned, Dent owes us an accounting and full disclosure of what is going on, based upon how they have treated us up to now (massive dilution + reverse split). Hearing about these concerts is just not enough information of the right kind.
Like I said, the Sturgis concerts and other events are exciting, and all. But I still feel like my pocket has been picked. Trying to be positive but it is difficult.
All just my opinion...
VV
1bohica, You're right! It happened on August2
Just change the MA value and I'm seeing it differenly now.
http://stockcharts.com/h-sc/ui?s=IWEB&p=D&yr=0&mn=3&dy=0&id=p94495600379
VV
TakeChances, And I agree on "...not getting any younger..."
I checked your profile and... WOW! ... you really are old!
And Thanks for the PM. That is very interesting info.
If you should decide to add any Assistant Mods, I'm available. I plan on being around here for a while.
Good Luck.
VV
Lil Money, I see only one potential problem on that chart.
When the long-term Moving Average crosses ABOVE the short-term Moving Average, that is called a DEATH CROSS. It is a Bear indicator.
It is also the exact opposite of a GOLDEN CROSS which is Bullish.
It looks like this Death Cross condition is definitely going to happen within the next week or so. But IF the stock PPS continues to go up then it should reverse itself in about a month.
http://www.investopedia.com/terms/d/deathcross.asp
Now, about this time, I expect some self-proclaimed stock guru to pipe up and claim that TA doesn't work for penny stocks. Yeah, right!
VV
This is definitely one to be accumulating for future big gains.
From my viewpoint the current penny stock market climate is no good for trading in and out, right now. Too many unknowns in the economy for a thriving speculative market. So I'm thinking that once MetaPower gets into gear, the gains here will come slow and steady over a much longer period, perhaps even years.
I seldom hold these type of cheap stocks, but this one I will. I do think that this one is a "keeper". And it's almost sacrilegious to say that, given where it sits today. But if one trys to flip this they may get caught outside for good, and leave most of the big profit behind. Been there-done that, way too many times.
The two main problems that I foresee, will probably be solved in the near-term. We now have a talented in-house accounting guy who will get the financial reporting back on track, and keep us on schedule. The street credibility will be coming.
And getting some new customers in and outside the oil patch will also happen as a result of the new product launch. They might even end up as the dominant vendor in their market niche.
It's all seems to be falling into place, and I am very encouraged.
Now I will get down off my soap box, before I fall down. LOL!
All just my opinion...
VV
i-Glide, I wonder what "sold-out concert" means in real terms...
...when the Sturgis Rally is expected to draw around 750,000 people.
Will there be more than 100,000 people at this concert? 200,000 or more?
Do you happen to know what the ticket price is?
That would give us an idea of the expected proceeds.
Just keep in mind that last year Monkey Rocks had about $4 million in revenue and managed to lose $800,000 in the process.
I am still curious to see exactly what it will take to move this stock. Because the PPS going up is the ONLY way you and I will ever see a profit.
VV
TakeChances, "...deliver Noble Production this fall."
Curious they would state it that way. Question is when does "fall" start. Since MetaPower is located in the Pacific NorthWest not far from where I live, we have the same weather.
Many locals think Fall has already arrived. It is 9AM and it is 51F degrees outside, expecting low 60's as high today. It has been raining on and off for several days. Two more Lows stacked up in the Gulf of Alaska heading our way. The, so called, summer lasted about two weeks with temps in the high 80's low 90's. Now it's over.
Just a weird weather thing going on. Global Warming? I am sure others still have summer. But fall has already arrived here.
VV
Perhaps it's because when folks do their DD and check out MTPR...
...they see that Outstanding Shares set at 2 BILLION. So they balk and give it a pass.
If they would just check a little further they would see that the float is a lot smaller.
Just a theory...
Anyway, the overall market is pretty flat pending economic news from the Feds.
So MTPR will try our patience, but I do believe we will be rewarded handsomely.
VV
BARCHART indicates the TA has substantially improved.
Short Term Indicators Average: 80% - Buy
Medium Term Indicators Average: 50% - Buy
Long Term Indicators Average: 33% - Buy
Overall Average: 48% - Buy
Resistance = 0.0034
http://www.insidestocks.com/texpert.asp?sym=MTPR&code=BSTK
VV
youcandoit, No, I don't agree.
It is going to be a stock swap. And the parameters of it is to be determined solely by whomever has a controlling interest in the company. There is nothing going on here that violates any rules that I am aware of. Except perhaps, your rules. Just because you don't like it doesn't make it illegal, etc. This is part of the risk you assumed when you bought in here.
There will probably be a new pool of shares issued, with a new CUSIP number and a new symbol. Otherwise it will be an accounting nightmare. Your current shares will no longer be valid for trading, and will be exchanged for these entirely new shares. It is just a simple exchange. But you should be focusing on WHY this is happening, and not the WHAT of it.
I get the impression that you think this is unfair because someone who owns fewer shares will get a few more. Well, you are certainly entitled to your opinion. But what you fail to understand is that these new share will likely be as worthless as the current shares are, in the very near future. The dilution will continue and may even accelerate. All this company does is issue shares. They are a paper mill.
VV
Jai Ho, I am not going to argue about is just or not.
A Round-Up clause is somewhat common in Reverse Split situations.
And there are no free shares being given away. Non-shareholders are not participating. If you have to give up something to get something else then it is not free. It is an exchange, pure and simple.
I am sorry you're losing your money here. But your mistake was buying this stock in the first place. I made exactly the same mistake, after believing in Davenport's hype. So join the club.
VV
bladetrader, "...wise conclusion to drop that consolid. plan..."
I don't think they can do that. The stock PPS is already at rock bottom. So they could continue to sell the remaining 8+ billion shares against the 20B A/S limit, and they already know about what they will receive for them. But who will step up and buy them? The CEO has already pushed this right to the point of killing the stock outright.
Instead, he's going to try to get the PPS back up in order to get more money for the shares. The only important issue remaining is whether they will also reduce the A/S limit. That would help re-establish credibility. And that is probably why it won't happen. Davenport really doesn't give a crap about what his shareholders think.
The "balance" here is the unrestrained greed and cockiness on the seller side, versus the wishful thinking of the buyers. This fuel cell that has been touted is nothing more than "bait on a hook".
It doesn't take much to see what this company is really about. Clearly, it is a paper mill and nothing else. I heard that pork meat and bacon are rapidly going up in price, whereas THIS Dilution Pig is going straight down.
By the way, I sold out my position for peanuts on a day that I saw 40+ one million share blocks trade thru on Level 2 at the Bid, one after the other. Right then and there the entire situation was revealed to me.
So what will it take for YOU to see the truth?
Good Luck!
VV