Legend Across the stock board check my Links
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It just doesnt want to turn around did some more DD and the company never replied to any of my messages. I would stay away I think they own China Direct alot of money.
First it was Imagin Molecular Corporation Acquires an Investment Position in Positron Corporation Currently Valued at $35 Million
and now its huge increase in demand as healthcare grows
Positron's award-winning, cardiac optimized PET scanner, the Attrius(TM), is the only advanced, dedicated, cost-effective PET scanner in the marketplace. The introduction of the Attrius(TM) last year has generated excitement throughout the cardiac molecular imaging industry. Facilitated by the increase in reimbursement for cardiac PET and an industry-wide movement to better and more efficient medical imaging, Positron's Attrius(TM) has seen unprecedented interest and sales. As a result of the recent sales, Positron has met its six month projections and has to increase production earlier than previous estimations. Based on Positron's current sales and a more robust pipeline, the Company believes that they will surpass 2010 and 2011 targets of approximately 70 systems in the next 18 months.
This company should be getting alot more new investors in through the door soon.
Market Advisors released a price target of .10. Market advisors other stocks are .45 and up 1.00 plus.
That can be reached because the volume is low in this stock as of now and accumulation is way up.
http://www.marketadvisorsinc.com/images/caah.pdf
No where in the 10k or 10qs or sec filings or anywhere in the Press releases does it indicated this. In the May 4th Press Release he indicated in bold he will increase shareholders benefit. The fact they are down now was because they had to pay off some people in the past months. Looking forward the plant is coming online and communication is here.
China America Holdings Provides Financial Outlook for 2010, Sees Company Reaching Profitability as End Markets Improve
7:00a ET May 4, 2010 (Market Wire)
Mr. Shaoyin Wang, CEO of China America Holdings, commented, "We continue to see strong sales momentum in our 2nd quarter as compared to the same period a year ago, and we believe our business is benefiting from a number of macro-economic factors. As we look out into 2010 and beyond we see continued improvements as China begins to mandate the use of environmentally friendly refrigerants macro environmental factors. Our facilities in Shanghai and Tianjin are already geared for this transition which we believe will provide us with a significant advantage over our competitors further fueling our growth and overall margins into 2011. We are very excited about our company's prospects for growth for the remainder of fiscal 2010, and are committed to increasing our top and bottom line for the benefit of our shareholders."
Thats called the company diluting shares. They dont need to file form S1 to the SEC to dilute like OTCBB.
You can see it dropped on low selling volume or panic selling because it kept dropping. Now that its made its capitulation here it should start up trending back to were it was. Been in for awhile. The MMS are collecting for sure at this bottom like NITE and ETRD and DOMS.
China America Holdings Begins Test Production at Its Newly Constructed Chemical Production Facility in Tianjin
11:07a ET April 15, 2010 (Market Wire)
China America Holdings, Inc. (OTCBB: CAAH), a holding company operating in China, announced today that its 56% owned China based subsidiary Shanghai AoHong Chemical Co., Ltd. ("Shanghai Aohong") has begun test run production at its newly constructed chemical production facility in Tianjin.
The newly constructed facility is located in Tianjin, approximately 70 miles north of Beijing. [B]The facility is expected to produce approximately 8,000 tons of a mixture of refrigerant chemicals per year, virtually doubling Shanghai Aohong's total annual capacity. At today's prices, management estimates the facility is capable of generating annual revenue of approximately U.S. $22 million.
As previously reported, Shanghai Aohong's business improved substantially in its first fiscal quarter of 2010, ended December 31, 2009. This was due in part to an overall improvement in the Chinese economy as well as management's aggressive pricing strategy as it sought to gain additional customers in fiscal 2009. As the business climate returns to more normalized levels, management believes it will lead to an expanded customer base and stronger growth in the future. Management also believes its expansion into Northern China through the start of operations in Tianjin will significantly improve its overall financial performance in the second half of fiscal 2010.
Commenting on the start of production testing, Mr. Shaoyin Wang, CEO of China America Holdings, commented, "We are excited to begin this business expansion into Northern China as we now look to focus on growing our operations in an improving economic environment. Our Tianjin facility is expected to virtually double our production capacity and provide us with a platform to service the Beijing area. As we see continued improvement in our business segment we intend to aggressively seek to expand through our marketing efforts as well as to seek potential acquisition opportunities to further our growth in the coming years."
China America Holdings Provides Financial Outlook for 2010, Sees Company Reaching Profitability as End Markets Improve
7:00a ET May 4, 2010 (Market Wire)
China America Holdings, Inc. (OTCBB: CAAH), a holding company with a 56% equity ownership of its China-based subsidiary Shanghai AoHong Chemical Co., Ltd. ("Shanghai Aohong"), announced its financial outlook for its fiscal year 2010 ending September 30, 2010.
As a result of overall improvement in the Chinese economy, and continued growth of the middle class in China, the market demand for our refrigerant products has been rising significantly. Additionally, management sees the first 8,000 metric tons of processing capacity at its newly constructed production facility in Tianjin will begin generating revenue in the second half of 2010 and when fully operational, it will be capable of adding additional revenue into 2011 and beyond.
Taking these factors into consideration, management sees a significant improvement in its overall operations for the remainder of fiscal 2010. Management sees revenue at its Shanghai Aohong subsidiary exceeding $50 million for the fiscal year of 2010 with net income of $1.5 million. At the holding company level, accounting for its 56% ownership of Shanghai Aohong, management also expects overall net income to range between $500,000 and $700,000.
Mr. Shaoyin Wang, CEO of China America Holdings, commented, "We continue to see strong sales momentum in our 2nd quarter as compared to the same period a year ago, and we believe our business is benefiting from a number of macro-economic factors. As we look out into 2010 and beyond we see continued improvements as China begins to mandate the use of environmentally friendly refrigerants macro environmental factors. Our facilities in Shanghai and Tianjin are already geared for this transition which we believe will provide us with a significant advantage over our competitors further fueling our growth and overall margins into 2011. We are very excited about our company's prospects for growth for the remainder of fiscal 2010, and are committed to increasing our top and bottom line for the benefit of our shareholders."
China America Holdings Reports Financial Results for the First Six Months of Fiscal 2010 Ended March 31, 2010
9:22a ET May 24, 2010 (Market Wire)
Financial Highlights
For the second quarter of fiscal 2010 total revenues were $8.7 million, up 39% from the $6.2 million recorded in the six months ended March 31, 2009. For the first six months of fiscal 2010 we recorded revenues of $19.8 million with a net loss that narrowed to ($6,000), up from revenues of $14.1 million and a net loss of ($669,000) in the six months ended March 31, 2009. We recorded a net loss of ($189,000) in the second quarter of fiscal 2010 as compared to ($207,000) in the three months ended March 31, 2009. This resulted in EPS of ($0.00) per diluted and basic share in both periods.
The improvement in net revenue results in the second quarter of fiscal 2010 was largely driven by our aggressive pricing strategy yielding additional orders from new and existing customers. As a result of this pricing strategy gross margins were slightly lower at 6.6% as compared to 7.8% in the three months ended March 31, 2009.
Balance Sheet
At March 31, 2010, working capital was $9.2 million as compared to $8.6 million at September 30, 2009. Total current assets at March 31, 2010 were $16.2 million as compared to $13.9 million at September 30, 2009.
Commenting on the second quarter, Mr. Shaoyin Wang, CEO of China America Holdings, stated, "We continue to gain sales momentum through the first six months of fiscal 2010. Our aggressive pricing strategy continues to yield positive top line results. We gained additional customers at the expense of a small decrease in gross margins. We are confident that our business will continue to grow as the global refrigerant market is becoming increasingly stronger and margins will improve as China begins its mandated transition into more environmentally friendly products. We look forward to a stronger performance in the second half of fiscal 2010 as we work diligently to continue to improve our operating results."
CHINA AMERICA HOLDINGS, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
March 31, September 30,
2010 2009
--------------- ---------------
ASSETS Unaudited
---------------
CURRENT ASSETS:
Cash and cash equivalents $ 969,419 $ 1,721,231
Accounts receivable, net 2,673,153 2,782,814
Notes receivable 588,007 829,890
Inventory 2,455,472 2,165,567
Tax receivable 251,446 43,137
Prepaid expense and other current assets 2,326,844 552,460
--------------- ---------------
Total current assets 9,264,341 8,095,099
--------------- ---------------
LONG-TERM ASSETS:
Restricted cash 1,287,284 877,501
Property and equipment, net 4,760,942 4,049,285
Land use right, net 820,363 828,654
Other assets 29,256 29,250
--------------- ---------------
Total other assets 6,897,845 5,784,690
--------------- ---------------
Total assets $ 16,162,186 $ 13,879,789
=============== ===============
LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Notes payable $ 4,033,133 $ 3,036,290
Notes payable-related party 410,000 400,000
Accounts payable and accrued expenses 753,252 893,391
Advances from customers 767,204 199,905
Taxes payables 492,375 458,570
Due to related parties 554,619 228,467
--------------- ---------------
Total current liabilities 7,010,583 5,216,623
CAAH on radar great financials and the accumulation to push it over .04. The bottom is in should start up trending just a waiting game now as people pick it up on their scanners.
China America Holdings Reports Financial Results for the First Six Months of Fiscal 2010 Ended March 31, 2010
9:22a ET May 24, 2010 (Market Wire)
China America Holdings, Inc. (OTCBB: CAAH), a holding company operating in China that owns 56% of China based subsidiary Shanghai Aohong Chemical Co., Ltd, announced today the Company's financial results for the second quarter and first six months of fiscal 2010 ended March 31, 2010.
Financial Highlights
For the second quarter of fiscal 2010 total revenues were $8.7 million, up 39% from the $6.2 million recorded in the six months ended March 31, 2009. For the first six months of fiscal 2010 we recorded revenues of $19.8 million with a net loss that narrowed to ($6,000), up from revenues of $14.1 million and a net loss of ($669,000) in the six months ended March 31, 2009. We recorded a net loss of ($189,000) in the second quarter of fiscal 2010 as compared to ($207,000) in the three months ended March 31, 2009. This resulted in EPS of ($0.00) per diluted and basic share in both periods.
CAAH solid Financials should move back up on a uptrend.
CAAH solid Financials should move back up on a uptrend.
It had a E from a late file that caused the downtrend on low volume and then low volume panic sellers came in and undervalued here. And the large share buy made the capitulation.
Updated my favorite links you can find me there.
Nice Pic I did the one lap at Indianapolis in 2006.
Yes read your 10 day and and 1 month and 6 month and 3 year charts. This is a swing for a few weeks should be up to 1.00 soon. Company is legit read the 10k and 10qs.
Someone deleted my post
Yes glad I grabbed some at .115 yesterday also. Had a bunch at .14 before so I am a happy camper.
Nope we went higher today
Yes great day and news. Yesterday was the capitulation and I nice uprend today should trade sidways and breakout again within this week.
Tech stock Bob I am starting to think you want low ball shares.. You guys this isnt option trading with strike price and number of contracts.
This is warrants they have no voting power over the company at all.
Unlike common stock shares outstanding, warrants do not have voting rights.
and Upon expiration, the warrants are worthless unless the price of the common stock is greater than the exercise price.
The fact of the matter is us panic selling this lower will only hurt us more. I feel we have put in a bottom here and it will start to uptrend. We have been in a downtrend in the stock since March which has caused most of this drop in price to happen.
Just remember the people investing in this company me and you make the price go up and down. We have been in a downtrend in the chart since February. Its oversold now and for people to start panic selling on news like this they cant even understand will only hurt me you and everyone else in the stock.
Listen you guys dont know what a warrant is in detail. This man made the warrant to purchase 30 million shares at specific price in 2007. He can not change that price. Time goes on and he believed in the company. He knew the stock would double or tripple by the time he would exercise it. Well he waited till now and will now have to exercise that warrant by September 2010 meaning purchasing his 30 million shares at those prices. He wanted the warrant like all warrant holders to tripple their value because a warrant is much like a bond but a bond earns interest all the time.
The fact he has to exercise a warrant for 30 million shares that gained 0 value since 2007 and as of now is above Common share price has him MAD.
No that 1 million in shares was a combination of buying and selling but mostly selling and it was a combination of different block trades with alot of Market Makers on Level 2 filling their bids meaning buying.
Wake up he would be paying almost the same price as regular shareholders at .19 and .14. He will have to exercise meaning purchasing his 16,000,000 million at .14 and .19 before September 2010. HE MADE THIS DEAL in 2007. WAKE UP. He thought it would be alot higher when he did this in 2007. Well it isnt and now he want just 2 more years to extended it to 2012. So he can wait for it go back up while he purchases his low ball shares. The company wont alow this and we will win in court because it was all on paper for the warrants to be exercised by September 2010.
This is GOOD because he would have to purchase 16 million at .19 and .14 BY September 2010. Mr. Quirk contends that the expiration date for shareholders holding more than 10% of HDC's common stock is extended automatically by two years to 2012. But he is wrong considering it was in black and white for September 2010 when he made the deal in 2007 to do this.
He wants to exercise it WHEN EVER HE WANTS LOL meaning Exercising: A warrant is exercised when the holder informs the issuer their intention to purchase the shares underlying the warrant.
Expiration Date:If you plan on exercising the warrant you must do so before the expiration date.
We will easily win and we will have to exercise his warrant and purchase his shares before September 2010 making it icing on the cake.
This is GOOD because he would have to purchase 16 million at .19 and .14 BY September 2010. Mr. Quirk contends that the expiration date for shareholders holding more than 10% of HDC's common stock is extended automatically by two years to 2012. But he is wrong considering it was in black and white for September 2010 when he made the deal in 2007 to do this.
He wants to exercise it WHEN EVER HE WANTS LOL meaning Exercising: A warrant is exercised when the holder informs the issuer their intention to purchase the shares underlying the warrant.
Expiration Date:If you plan on exercising the warrant you must do so before the expiration date.
We will easily win and we will have to exercise his warrant and purchase his shares before September 2010 making it icing on the cake.
Suck it up we made capitulation today and were uptrending next week based on chart. News will be out soon with the confrence the 11th and SEC form coming out soon. REMEBER ITS ONLY ON PAPER TILL YOU SELL IT.
A few sellers are panic selling driving it down.
Which was caused by panic selling because the price dropped making people want to get out. That causes a capitulation on the chart but because there are so many huge shareholders holding since Febuary based on on balance volume this is NOTHING. THis was what i was looking for yesterday. But I guess it came today. Uptrend will start soon. The 200 MA its rubbing so this will soon uptrend over the next week.
It called panic selling. Once they are out you can see how easy the bid and ask will restore. Your right this volume although large is nothing compared to Febuary.
This would be a great capitulation for a uptrend up.
After capitulation selling, it is thought that there are great bargains to be had. The belief is that everyone who wants to get out of a stock, for any reason (including forced selling due to margin calls), has sold. The price should then, theoretically, reverse or bounce off the lows. In other words, some investors believe that true capitulation is the sign of a bottom.
What hell happen I this was possitive news. The fact they would not give me news until their ready to release a press release is good. Real cheap shares here. I am in at .14 and holding.
I just wrote a email to HDVY as I am a CEO of a advertising buisness and I would like to share what I sent.
From: m----@b----.org
You may not know this sender.Mark as safe|Mark as junk
Sent: Fri 5/07/10 10:04 AM
To: investor@healthdiscoverycorp.com
Cc:
I am a major shareholders of HDVY and have been for some months. I am
trying to figure out why you have left your shareholders wondering
what is going on
with the deal with Quest Diagnostics. Any royalty fees accumulated yet
from each test? When are you going to explain to all your shareholders
and new investors in
the form of a press release what is going on? I would like these
questions answered as soon as possible as it is your fiduciary duty as
we hold assets in the company.
Received
Dear Mr. ------:
Thank you for your interest in our company.
As you probably know, HDC files periodic reports with the Securities and Exchange Commission that include our financial statements, management’s discussion of our financial results and other matters relating to our business. These reports are available at the SEC’s website www.sec.gov and may be accessed through our website,www.healthdiscoverycorp.com. Our next quarterly report will be filed on or before May 17, 2010.
Unfortunately, we are not able to respond to your specific questions as SEC rules do not permit us to disclose material information to investors on a selective basis. We hope that you will continue to follow our company and review our filings.
Sincerely,
Tom
Thomas L. Gallagher
Executive Vice President & Managing Director, Global IP Strategies
Health Discovery Corporation
(912) 443-1987
2 East Bryan Street, Suite 601
Savannah, Georgia 31401
www.healthdiscoverycorp.com
(OTCBB: HDVY)
Yes you are right it said all right here:
Health Discovery Corporation (OTCBB: HDVY - News) (HDC) and Smart Personalized Medicine, LLC (SPM) announced today that they have entered into development and related licensing agreements with Quest Diagnostics Incorporated (NYSE: DGX - News), the world’s leading provider of diagnostic testing, information and services. Under the agreements, Quest Diagnostics will develop new laboratory tests for aiding in the selection of breast cancer therapies.
Under the terms of the agreements, HDC and SPM will receive upfront licensing payments, development fees and royalties on a per test basis from Quest Diagnostics.
In February 2009, Health Discovery Corporation announced that it had licensed rights to develop a new urine-based test for clinically significant prostate cancer to Quest Diagnostics.
As for the stock the spread or bid and ask is tight and looking at a 10 chart this it going back up. Only two MMS are on the .16 ask sell with low volume then the rest on the .20s. So all it needs is some volume and were back up on a uptrend.
You see this stock has been in a downtrend ever since and now were in a uptrend caused by this capitulation formed yesterday. I can tell on a 10 day chart also that were headed for uptrend. I expect a press release soon on the payments HDC has got from each test they have done so far it will be great.
We already have 3 institutions holding there stock
Held By Institutions (MRQ)0.08%.
Rare to see in OTCBB and the DD you guys posted great I am a longterm holder here.
We have all the wholesale MMS on the close bid and the ask sellers are far off in .16 or .20 or .30 range.. Sellers are exhausted.
onference May 11: “Health Discovery Corporation was selected to present on the basis of ranking in the 90th percentile for IP leadership from over 1,600 small cap companies with U.S. patents granted, as rated by PatentVest, MDB Capital Group’s proprietary IP intelligence platform
I think the conference will show alot considering the amount of assets they have their chart undervalued.
I liked Detonate and TheycallmeBruce posts so I made them assistants.
I sticked your comment Katfish