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Hey Doc, Do me a favor...reach over and give midwest a slap in the back of the head for me. I would appreciate it greatly.
I'm a little busy here at the funny farm looking for that link you asked for.
Thanks' Slumpy...I mean Schlumpy
I think you have explained to us what I couldn’t quite put my finger on about Koda’s demeanor. However, she did bring up some interesting points about the debt load DLAD is carrying.
When a person gets burned as she mentioned that she has, they become aggressive at the site of a repeating circumstances. For this I am grateful. She is trying to educate us so that we don’t make the same mistakes.
Thanks’ for the “Heads-Up.”
Koda, Thanks for the info. I did reexamine the Balance sheets and noticed that the Convertible debt has not changed since the last Q report. This is a sign that hedge fund has not exercised their option yet. However the debt load is high. Without knowledge of the terms of the note, I cannot comment precisely if they have a benefit to convert at Par Value. I would think that they would want to hold the company hostage for outlandish interest payments as long as possible. At least until the company appears to show signs of going belly up. Lately I see signs of renewed vitality.
The debt load is however going to take a toll on the bottom line for some time as they sell advertisements thru the new media companies. Hopefully the Sports weekly will be syndicated and we may have a chance to overcome the debt.
The message board you suggested didn't do much for me. Felt that I was swimming with sharks.
What lenders? We recieved $2.98M. We don't need the lenders and they wouldn't have lended to DLAD anyways with his credit.
Banks tightened up. Shareholders are the lenders. See balance sheet.
Outstanding shares as of 12/23/09 = 8,706,260,766
Cash Value from Sale of CRM $2.98M
2,980,000 divided by 8,706,260,766 = $.0003422824 PPS current value.
Plus $.0001 current value of PPS.
Add together = $.0004422824
R/S = Reverse Split
A/S = Authorized shares
Reply to private question.
The thing that we were all missing is that the A/S went from 3B to 20B only because of cash infusion. If you have a truck load of cash in your hand how can you hide it in plain sight? Convert it in to Shares. Outstanding shares value as not changed, only appears to be diluted. Humphries won’t need to buy back shares, just transfer paper value. The icing on the cake is he reorganized the software company to a multifaceted media company which each subsidiary I’m assuming is profitable. BINGO!
I'm working on that. I don't want to just throw a number out there. But I'll bet before R/S we will be over .0005-.0020+
Let me crunch the #"s. and post a better assumption later. (I'm a little tiered today, just two hours of sleep. To excited after discovery)
Technically a R/S will not change actual value. Your PPS increases accordingly. The PPS may and will probably go down, but that’s because the bashers have pounded into everyone’s heads that the R/S is to fill Humphries pockets. This R/S is to return value to shareholders value. R/S are not always a bad the as we are lead to believe.
As soon as the truth gets out to the investing public. I thinking my theory maybe the blasting cap prior to the explosion. Also, the symbol change being approved will raise it to the next level.
As everyone is aware, Humphries will do a R/S. This action is actually be in the shareholders favor. He raised A/S to absorb cash infusion and the R/S will divert what‘s remaining of the $2.98M cash value back to the existing shareholders as increased PPS.
HOLD for the GOLD!
DLAD a riddle solved. IMHO.
Before you judge the argument, read the Whole story.
As most of you know by now I have a great deal of money invested in this company. I want you to also know, these funds have not been easily acquired. I work very hard for most of my life for what I have and I’m not going to let some ignorant group of scammers take it away without a fight.
With that said, I am going to try and explain what I have found thru examining the events of the last six months concerning DLAD. Also, I want to make it perfectly clear that these are only assumptions made by me and they are not in any way, shape or form prearrangements or affiliations between me and the officers of the company other then owning shares purchased on the open market, period!
Let me start with a few assumptions that lead me to think there is something up with DLAD. The first piece of the puzzle was the sale of the sale of CRM software (press release 7/28/09) for $2.98M and CEO claimed debt reduction. When the financials finally made public, it appeared there had been not been a shred of debt being reduced. This really concerned me and I’m sure other share holders as well.
7/29/09 DLAD acquires Sports page weekly. No discloser on terms. (I assuming shares @ .0004 and cash)
11/14/09 DLAD acquires interest in Spectrum Broadcasting. (Shares @ .0004 and cash)
*All the rest of the announcements made in between have no effect to the balance sheet.
With this information so far, here’s my conclusions: $2.98M CASH back into the company. Not on the balance sheet, not as cash but as shares. This is how Humphries was able to protect the cash and company from take-over. Here’s how I calculate it…
As of
9/23/09 Authorized Shares= 3,000,000,000
12/23/09 Authorized Shares 20,000,000,000 = 1.7B @ Par. Value is $1.7M (2,98M-1.7M=1.28M Bal. (Cash / Acquisition Funds)
Issued and Outstanding=1,191,867,447 Increased to 8,706,260,766 Balance = 7,514,393,319 Shrs. In exchange for
companies / equity. (not dumped on market as by company as bashers lead you to believe.)
The key is the increase in Authorized shares. Many posters stated “How can CEO increase the amount of authorized shares without a vote authorization by shareholder?” Excellent question! This concerned me deeply as well. As I stated above, CEO is allowed legally (?) to increase A/S @ Par Value accordingly = to Cash infusion. By going this route opposed to entering it into the cash account, share value appears to by diluted, thus retail shareholders get shaky knees and dump. Shares traded for acquired companies dilute as well. (Shares appear to be a diluted 3M / 20M) The shares that had been traded for the acquired companies probably have a holding period of 90 days. I think those were the guys dumping share when we were seeing volumes in the Billion+ days. They need to sell for the tax loss as you and I needed to. Then Humphries was the buyer @ Par Value. (I’m guessing we will see a reduction in A/S next Q report.)
As for the name change…It will be approved. Humphries wasn’t expecting a delay, or maybe he was, it worked into his favor to repurchase Q par. (Humphries stated that he answered FINRA’s questions in transition update. I’m assuming they questioned A/S increase / dilution. This would delay approval another 4-6 weeks. That time frame would mean Any Day Now.)
Now did I Tell you this guy was sharp or what?!
The only people that lost are the one that sold for a loss. If you had held, you will be rewarded handsomely when the PPS go‘s back up when the approval is granted and the Q report comes out with much less A/S then last reported.
Chew on that Bashers!
Gooooo….CABAL COMMUNICATIONS !
When you call FINRA, do they provide any additional imformation then you recieve off the web site postings? I have made a practice to check the web site daily.
Good morning Pauly. FINRA contacts the company five business days in advanced to public notice. Allowing the company time to release the the change thru a press release.
I think Humphries would take advantage of the opportunity ASAP.
I can appreciate your honesty, it quite admirable and it appears to be genuine. I have held stocks where paid bashers worked the board to hold a stocks PPS down for ulterior motive.
I bought into DLAD when the float was low also. I don’t like the liquidation that took place any more then the rest of the bag holders here, but I’m still committed to the original decision to buy the shares I own.
I have stated in earlier post that I believe the direction the company is currently in is better then what it had going for it. (old software provider to dealers).
I didn’t see the dilution coming, my error, but every time I freak-out when the PPS drops, I lose money just to see the share price eventually recover and then some.
I’m holding on to them at least until we get a decision symbol change. I will then reevaluate the position at that time. It’s no secret that I’m down 75% on the position, what’s another 25% at this point. I knew the risks when I bought into penny stocks, and I don’t lose very often. Sometime waiting pays-off.
Need I say more?
Heck no! I would of sold any stock if I had a 70% gain and it stated to pull back.
Don't preach to me. Go to the SSEV board and tell them. I not holding shares of SSEV, but I wish I had. It's all about the $$$. Right? Maybe you want to disbute that too.
Keep in mind MRNJ was at .03 four trading days ago. The sellers waited for transaction to settle, then they sold into uptrend. These guys bought a lot of shares @ .03. when they began to sell, then the weak kneed got scared and sold.
I'm in @ .091 and I plan to average down if it gets into the .07 range.
Stay cool and hold. MRNJ will move back up. The news is solid.
GLTY
MM playing with MRNJ big time! I bet it will close near $.14.
Hey Midwest-rader, you need to work a little harder pumping your agenda. We still have sheepples buying DLAD.
Here’s my pump for today…GOOOO…DLAD!
Just a thought, I read somewhere that the MM’s and the institutional investors are Impelled to make large trades at the end of the trading sessions to avoid influencing the PPS. Point being…They are accumulating MRNJ.
Well Sir, I am assuming you are referring to me stating the 130 M. Shares. I don’t need your investing advice and I sure am not going to buy into your BS about the company. I too, twenty years ago became emotional about losing large sums of money when I began to day-trade, but I got over it, as I suggest you do.
I really don’t care what your opinion is about this company or any other company or investment. I have been very successful investing overall with a gain of 642% since 3/09 and I am committed to this trade. So do me and the rest of the readers a favor and BACK-OFF! Your knowledge of investing is making me and others laugh. (I know this from the private messages they send me.)
I suggest you get a life and move on. Your only making yourself look like a FOOL!
Yup! What's happening with XMDC. PPS was looking pretty said a couple of weeks ago. It's coming back a little bit.
Lately I'm spending my time on mrnj.
Sorry, already taken...Bsb Strip Vvpr (D) (BSBS)
and also an SEC violation. Way to go! LOL. I did think it was humorous. Be careful.
and it's moving a little early today. Should be a higher close. .13+ :)
I stopped by the yahoo apple board and dropped a couple MRNJ seeds.
Today's news...Apple approved MRNJ tv application. Check it out @ $.11 PPS.
I believe you are right on the money. Humphries will not relinquish majority ownership, however he needs to pay the bills. He is also reorganizing the company from a software distribution company to a media company with the purchase of the radio stations and the news papers.
The new company will at least have a revenue steam compared to the old company and it will be on the next Q-report. That’s when I think we shall see significant PPS increase.
It doesn’t pay to argue with the emotional posters on this board. They have blinders on and they will attack you personally as they try to “Save the Sheep-poles.”
JMO…Good-luck
MRNJ will blow right past $.13 and land in the high $.20 today.
Apple likes the platform so much they fast-track the approval from weeks to days!
Holding until $2.00+
DNDN didn't have this much revenue promise. DNDN went from $1-18 in a week.
GLTA
Give it a little time. The newbies are waiting to buy at low of the day. Once pps starts to move up, KAAAA-BOOM! They will all try to get in at once.
I'm in MRNJ also, WOW! you guys better not let this one slip by.
Hi Guys, I'm new to this board and I must say, I'm sure am glad I found MRNJ today. I also got in @ .091 and I love the volume and the % gain in PPS. Impressive to say the least.
It appears MRNJ has low outstanding share amount. ("As of November 14, 2009, we have 100,000,000 shares authorized and 34,927,217 shares issued and outstanding of which 11,273,544 are freely tradable.")(Pink sheets filings). WOW! 23+ million shares traded today alone. Considering most investors need to hold for three day settlement period and the fact that MRNJ 52 week high is $2.05 This stock may EXPLODE!
GOOD Luck to all and don't sell cheep.
Hang on for the 10 Bagger.
Schlumpy
You should be asking yourself..."Why do I waste my time posting such meaningless messages on the DLAD message board."
Just let a dead dog lay.
So let's bring a class action suit against Humphries.
Thanks’ for the "Heads-Up". That's a nice opinion, and you maybe right about it, but I have a different opinion and it go's like this...Your right, name change means nothing to the price of the stock. The company has already made the transformation to a media company and the up coming name change is to reflect the current business direction. Dealer Advanced is dead. The company sold the sold the software some time ago and began to transform into the media business. I believe this is a line a business Humphries forte' and that's why I bought into this company. The software was obsolete and Humphries is lucky to get what he got for it.
The one think that still amuses me, is you guy's that are out to save us from "Dumphries" never offer constructive criticism. It's easy to exploit the bad news. Why did you originally buy in, and with the current status of the company...what would you do differently?
130,000,000 Shrs. and I bought in for the same reasons as everyone eles. To turn a profit. Keep the faith.
Pimping the stock…maybe. I have a large position in this company’s stock and I don’t believe bashing it will help me in any way. I have never stated anything false about any company as pimping or pumping is implied. You sir have certainly done the opposite with your messages on this board.
I’ll wake up when the PPS recovers. Then I’ll drop you a line or two.
Schlumpy is the name, and if you think you are insulting me by calling me slumpy, you crack me up...Schlumpy is a German expression for indigent person. The complete name is Schlumpy-hound = "Slut-Puppy". There's something you can work with.
Sure, right...what-ever!
So what your saying is that a $4100 investment turned you into a name calling jerk. People like yourself will never be happy. It appears you bet the mortgage money! LOL...Idiot! Rule #1 in investing...Don't use money that you can't lose.
Don’t you guys get tiered of playing the same old song? Sell your crappy shares and move on already. It will be better for your mental health.
Move on brother, there is no happiness for you here.
Personally, I’m holding long and I will play the “Scumbag Shell Game” If I loose, so be it. If I can sell @ $.0005 I’m going to buy a nice 50 foot sail boat at ½ the price it was going for two years ago. (A guys got to have a dream, LOL)
DLAD is not a candidate for a “Dead Cat Bounce”. A dead cat bounce occurs when a stock’s PPS drops on bad news and the stock is in a condition of being oversold. Then buyers move into pick-up shares a what they perceive to be a deal. If volume follows price direction change…you get a “Dead Cat Bounce”. This phenomenon usually takes place within a day or two of trading.