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Dan is no longer involved and makes no decisions. We may have to resurrect this from within.
Somebody give me an early Christmas present and buy this shell and turn it around. Anybody? There are smart shareholders here, Dan did an unexpected thing that screwed us. Could a collective group have enough shares to control? Can we take our own destinies' Back?
Line hedged most of its contracts at $93 for 2015 and 2016. Won't need to cut divi yet. Good time to buy.
This company is done- by owners history of behavior. I lost a lot of money as have others of you. Dan did us wrong, he did not look after shareholders. Pinkies are dangerous. Learn and move on.
Stop it. You guys are too funny.
great point.
it depends on what you bought it at and if they dilute more. The longer they wait the worse chances we have for recovery. That is not an absolute statement, but we've all been here before.
If you were to pay money to buy a company, is this how you would do it? I think most of the comments have supported having communications. They seem to be over their heads. You sound like a wise person as do most people on the board. We would have a different approach. I certainly would be implementing a game plan by now. We have not seen one moving the company forward, but they have taken steps backward. That is what causes me to suspect they are not serious about a business model. They did not pay for this company not to make money. I can't imagine any of us here risking money and then waiting. Just my way to process.
They may only want to make money on the sell of the millions of shares they added. Don't buy until they show progress. Maybe they will lose money instead of take ours. Dan really hurt us. Again, maybe someone here with connections and money can buy this shell and make it work.
The longer they wait the more likely they fail. Good business people have their ducks in a row before they buy a shell. They have no reason to wait. At least post to shareholders. They don't want a relationship with us.
They paid for the company and have an initial expense. They can only make money if the shares go up or they sell what they added to Outstanding Shares. If no one buys those new shares then they don't sell any. Then we all lose together or they sell to someone else with a need for a shell. Does anyone here want to buy this then be successful and make us all rich?
Not a good history of success. Maybe all the new shares he sells at a penny then walks away (ha ha). Then we can buy the company. Someone owning this stock has to be smart enough to make this shell a profitable business. Please have integrity first!
Dan you could care less about us. I invested in a triple play company not this. Why couldn't you do the right thing? Then you cheated us out of the triple play assets. One day you will get what you deserve.
Too bad Dan did not qualify them well. I'm guessing there would be investors here that would have been interested in a business deal where he kept control. Now he has none.
The float is so small and several of us have hundreds of thousands of shares we aren't getting rid of at that price. Move up the bid or lose out. You will not ever get a million shares at the .01/.02 price! I doubt you would ever get 50,000 at that price.
Thank you Garyst for your comment. Even though I connected my comments with your post, it was really a more general statement. I do appriciate the way you try to be fair, again thanks. What is confusing is the BOD also have stock and it makes no sense for the stock to tank unless it is a well crafted temporary position. That is what I believe b/c most all BOD have big egos to feed. In the end this is what im counting on if no more numbers are produced. They all want to be seen as the smartest and brightest top dog.
You say this is a penny stock. This is only true recently. How is it possible for a $7 stock to fall so quickly. Why did they delute? The BOD made many decisions that led to PK. Noone believes this BOD could have had the unfortunate luck of so many things happening wrong. This wasn't a random fall. We have all read the accomplishments of these people and they are impressive. What has happened is not a normal outcome of other companies impressive BOD.
There are very financial savvy shareholders on this board. The collective wisdom was this company is undervalued. I choose not to believed they were stupid enough to not have good instincts on this stock. They read the financials correctly. This BOD have done some unusual and uncharateristic behavior that was not predicted.
Yes, we all know something isn't right. Because of this most feel cheated. Many of the BOD individuals seemed to have integrity with other dealings, just not this one. None of us like the way it feels. Don't criticize shareholders right to vent. We will all act in accordance to our own integrity.
December 2010
Exactly, that is why they will lose tons of money if they just let it go. They all have big egos and never forget that.
If insiders are really buying up shares cheap, then it is foolish to think they are unaware of the outcome. Why would they buy to loose money? The question to answer is Are they really picking up cheap shares?
It is hard to know the numbers until we see the expenses. Revenue should be up. They also loaned the company money at a high interest rate, may pay some of that down.
I don't think Pinks are made to report, and they didn't file for an extension.
They don't have to put fins out by Fri. do they?
No need to do anything until news comes. It is a shame the company doesn't say a word about anything. At least we know this stock won't go to zero, several of us hold most of the shares.
Thank you for helping this novice learn a little about reading charts. Stock looks like it is going up.
I know others have 100000 shares or more. Once shares start trading upwards again, this knowledge can be valuable.
I got 50k at this special price. I had to change my online username b/c my other was cancelled- did something unknowingly wrong- had 2 account names. old acct was csw3rt. I am accumulating and waiting. Good to see some talking. I know there are a handful of us that own most of the float. With only 14+ million there can't be that much in circulation. I would love to get an idea of how many shares being held to know what our holding power is. Would others mind providing an estimate of shares owned? This information would be helpful in future price predictions. I hold over 450K
It was done at another computer. I got a message saying I could not have 2 accounts?
That was my post- there was nothing wrong with it. Must have something trueful they didn't want out.
It was a good day to add for me as well. A bump up to .20 will look good.
Some of us work and won't be listening. Please pass on the communications.
Starting to look like a pink. He knows what he is doing, not everything is a secret- tell us something.
Its not good business to wait7 weeks+ to get financials out, the accountant was hired to be on top of things. I think the financials won.t be as good as predicted and pps will drop. Still should be a higher price, Dan doesn't want it to raise at present or he would make announcements.
For what it's worth, I just spoke to Dan and he stated there were 672 shareholders holding certificates. Maybe around 400 or so shareholders with stocks held at brokerages.
Thanks for the wisdom
I have about half of your amount. How many shareholders are there? Can't be that many b/c I know others of you have been in below .10. If the float is about 14 million and they buyback about 8 million down to 30 million that leaves only 16 million in shareholders hands. We know the board also has many of these shares.
It seems there are not many shareholders and the ones who own, own alot. That can be dangerous. Yet, we have a great opportunity to stand firm together and wait. It's interesting what people post when they get nervious. What we believe doesn't change what Dan does. If you believe there is money to be made then stay in, if not then sell and move to another stock. There has been good news, nothing stated to lower the stock. The strategy of building seems solid. In time it will go higher as the shareholder # grows.
Good post
You know the sells are by those who bought <.10- mostly. A lot of shares were bought @.2 and better. They will hold until they make money- I hope. So maybe we are dealing only with those low buyers who are now selling to take profit. Somewhere over 3.5 million shares have traded ABOVE current trading level. With a float of about 15 million, over 20% of recent buyers would lose money if sold at current price. I don't think statistically that will happen. With a good end of April report it could go up quickly. I own 250K or about .017% of float. Who else is willing to share % of float that will not sell below .20. Maybe we will suprise ourselves with how much influence we have on this stock. What do you think. Encourage others!
I got almost 10k at 17.5 and still have 60k waiting. I also bid at 18.5 to test and only got 5k. How do we know the float is low? Since I am new to this adventure, just trying to learn. I have read all post for about 3 months and news releases. When you all throw tech terms around could you please educate me a little. I do hold about 200k. How many shareholders are there? Thank for your posts everyone.