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Case in point...
First 3 trades today:
Sell 2500 at .40
Sell 1000 at .40
Sell 5000 at .40
Buyers beware....
C'mon...not again!
There's a "promoter" on the scene thats got 500,000 shares that they have said they are going to sell. This is their second attempt (first one failed miserably going from $1.00+ to $0.30 in a month) at trying to liquidiate their shares. Do you want to be the one to buy them?
The Company has $118.00 in cash and liabilities of $83,000 according to the last 10Q. No product, no revenue, give me a break.
Going Concern
The Company has not realized any revenues since inception. The Company has a deficit accumulated to August 31, 2008 in the amount of $74,316. The ability of the Company to continue as a going concern is dependent on raising capital to fund its business plan and ultimately to attain profitable operations. Accordingly, these factors raise substantial doubt as to the Company's ability to continue as a going concern. The Company to date has funded its initial operations through loans from officers and directors. Management plans to raise additional funds through issuance of capital stock or debt securities and further loans from officers and/or directors
= DILUTION, and thats assuming they can even get any capital.
Start the New Year off good and be smart with this one guys, the writing is on the wall.
Rebuttals welcomed.
Hmmmm.....sure is quiet around here.
Told 'ya
LOL, nothin' like talkin' to yourself mill!
LMAO
News release is just a regurgitation of business. Non-event.
Appreciate the thoughts....
However, I was never long this P&D. I knew where it wa$ going a$ soon a$ it began trading, much like you will $ee with it$ $i$ter company OCBM. Now that IMGR is where I $aid it would go, it may be a $pec. buy while we await the next P&D.
Yea, I meant the next one
You mean like this from the 10Q?
"We did not earn any revenues during the three month period ended August 31, 2008. During this period we incurred operating expenses in the amount of $23,528. These operating expenses related to auditing, legal, and general and administration. During the next 12 months, we expect that our revenue will be sporadic, and that we will need to raise funds from equity or debt financing. If we are successful in completing our equity financing, it is likely that existing shareholders will experience dilution of their interest in our company. We do not have any financing arranged and we cannot provide investors with any assurance that we will be able to raise sufficient funding from the sale of our equity or debt securities to fund our plan of operations. In the absence of such financing, our business will fail."
In my humble opinion...
We'll never see $1.23 again unless they do a R/S.
Whatever..
When they have sales, more than $1.00 in the bank and become a reporting company so we can make a fair assessment, then come talk to me.
Thanks, it's appreciated.
I'll help out whenever I can. Just doing my duty for those that aren't being paid to blindly promote.
Bang, bang, bang....
And right on cue, the promoters 500,000 shares are starting to hit the market.
This is too easy.
LOL....
Million/Doogy, you guys are stunningly hilarious but I understand the requirement to make anonymous posts being in the capacity that you are in. To tout the size of the market and the opportunity with no material information is like me making a paper airplane and saying I'm jumping into the $70 billion airline industry.
Like others, I don't believe this is a $1.15 stock. I think paid message board posters like million and doogie would be more credible with their "excitement" and would be taken seriously if the stock was trading at $0.05 - $0.10 cents, which is where IMO this thing will trade within 2 months (see "IMGR") based on their current filings and the fact that they have $233.00 in the bank. Not to be overooked, the sales cycle in this industry is extremely long and expensive not to mention the barriers to entry in this market are substantial.
To add my $0.02 (my entry level by the way), if you like this company, wait for the promotion to flush out, there's no rush as the company has said that they won't have sales for another 6 months, if that, and typical of young companies, they will probably do at least one funding at much, much lower prices. Wait for the smart money to come in, if ever, and then I think you can buy all you want at under $0.05. Like IMGR.
Ok boys, now back to work!!
Didn't the President of OpenCell previously run a Infinity Medical Group which went from $12.00 to $0.01 in 6 months?
Also, Infinity Medical Group, symbol IMGR, was recommended as a STRONG BUY by the same promoters (otcstockexchange.com) who are now bringing you Mislav's new venture OCBM and are being paid 500,000 shares of stock.
Can you see where this is going??
You may want to temper your expectations, especially with a company that has $233.00 in the bank and self-stated that they have no expectations for sales over the next 9-12 months.
There whereabouts of Mislav Pavelic...
He is now President, Chief Financial Officer, and Chairman of a company called OpenCell BioMed a new reverse merger trading on the pink sheets under the symbol OCBM. It looks like they just started trading today.
OpenCell Biomed's corporate focus is the development, improvement, marketing and distribution of their own proprietary product line of dental implant systems, together with related and associated parts.
Coincidentally, Infinity Medical Group was brought to you by the same promoters (otcstockexchange.com) who are now bringing you Mislav's new venture OCBM and are being paid 500,000 shares of stock. In addition, it appears as tho the SAME posters on the OCBM board are the SAME posters that were on the IMGR board and saying it was going to $20.00.
Can you see where this is going??
If you feel you were scammed, I suggest you bring with up with the SEC.
So much for that promo...
One and done!
Info Needed....
If anyone knows how I can legally short this stock, please let me know ASAP.
Back to the trough again...
Some of the promoters from the past have been paid again (300,000+ shares), so if you are gonna play this, be smart as they will be looking to get out as well.
Wow!
How did it all turn out???
I bought this stock in the $.20's, what has happened?? I should have listened to the naysayers...ouch!
Looking at the past 4 days of trading, no one got this cheap. As a matter of fact, most of the buys today are between .44 and .50 so no one is benefitting from the questionable promotion that is going on now. There HAVE been over 80,000 shares sold within this range this morning however.
IMO, this will run out of steam shortly.
Extreme caution and do your research!!!
(Read the 10Q).
Wall Street Grand pumpers had bettter be careful:
"Wal-Mart Stores Inc., Sam's club warehouse division launched a pilot program with GOCH that involves 20 Sam's Clubs located through Baltimore, Washington D.C., and Virginia! Think about it... if these pilots go as planned Wal-Mart will most likely acquire GOCH and put them in every store in the U.S.! "
WM "most likely" acquire GOCH??
Tsk, tsk, tsk
anybody around??