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Always appreciate your "logo" Chief, especially with the market making me dizzy!
The impending Infinite R announcement(s) will be the next BIG catalyst for AMNE share price and this could come around the same time as the reverse merger company announcement. Imagine how huge that could be..IMO
With the company posting financials(sales revenue) and expansions(mergers) I believe the downside risk is limited. I always have worried about this share structure though. Buy limits placed: 1,000,000 for .0008, 2,000,000 for .0007 and so forth until the spike...all IMO.
GLTU
RAZ
Anyone getting fills at 0.0008?
Just posting cause Da Chief is here....
RAZ
The sheer cost alone makes them impractical...
Not to mention that needles/meds/solutions/etc.. already run up patients costs...so only a "novelty" will have the chance to make sales..
I will say though as you stated, that good marketing is the ONE thing that may change this...of course this all IMO too..
RAZ
Yes, good point I forgot to consider.
Share buyback would be the KEY to a $1 SP. Of course any one of us would take .10, .20, .30, I'm sure.
Thanks
RAZ
Yes, I-BOX is gooood......thanks
RAZ
PEACH...help me out here:
It looks as if major sales and revenue streams are starting/increasing with their insulation products, and shortly Infinite R. I am concerned about the large, 10 billion A/S and likely now 7-8 Billion O/S. What do think the company will do once good revenue/sales/Infinite R come in and market cap rises, but the share price struggles to get out of the pennies due to the exaggerated O/S? They have already said NO R/S, wouldn't they want this trading in the dollars within the next couple years? (of course if it did then market cap is in the billions and you/I are millionaires), but let's keep our feet on the ground....
Thanks
RAZ
I really want to buy back into CBAI, but I am not sure what the best entry is, esp after the modest pullback and steady price in the PM...any thoughts out there?
ALso can someone update me the most recent O/S and A/S?
Thanks,
RAZ
REALITY CHECK:
Does anyone know the true O/S shares, i believe the A/S was last at 2.5 billion. From my previous DD the O/S was around 300-500 million at the beginning of Sept., But again NO ONE really knows..
The company has not REALLY shown ANY significant profits, at least to support a Market Cap in the "tens of millions". Most of the increase in share price is likely from speculation and THAT is good! But there are no firm fundamentals..
IMO, the only thing that will drive true revenue is thermofocus sales, of which they have not told us revenue yet, except that online sales a few months ago were around $30,000 and a big purchase from taiwan...
The needle disintegrator has been FDA approved for several years already and I have never used it in medical practice nor do any of my colleagues/patients ever heard of it. The device is impractical and novel at best, probably explaining the lack of sales over the last few years.
now, novelty is good and a new marketing strategy is good too. These things alone provide a potential for increase market cap but they have yet to be realized.
Also IMO, the trading in the stock seems very unusual and may be manipulated as of late, especiallly by those who are taking advantage of penny stocks to run the price up. Does anyone here really believe that retailers are buying MILLIONS of dollars worth of ASFX each day? Or is someone accumulating for a buyout or the DUMP?
WHEW, what a ride!!! hang on.
IMO
RAZ
Peach and Jonw,
I remember the PR from many months ago from GG, that AMNE is trying to repair their management credibility after the RGNO and other shells they were under. They admitted it was not good but would not follow that same path again...this is my summary per GG's statement. They also said doing a R/S would be pointless after completing a F/S, interpret that as you will. So to continually revisit these issues is not helping anyone here.
Peach,
Unusual that you would post a "non-opinionated" statement about infinite-R? I am intrigued now, and would believe that Infinite-R availability is near. Other posters should also beware of ANY of US posters and do their own DD.
Thanks for your DD, Peach.
RAZ
PEACH!!
Can you believe the movement by GNW? Glad I held my trigger finger at $9.99!
So, know where is a good selling point? $13, 14, 15....??
GNW has had alot of good press lately. I am thinking I should wait until the next quarterly as it is likely to be good and drive the PPS up further...but only a guess at this point. ANy thoughts on your end? Sounds like you have good insight into the insurance biz...
BTW...congrats with AMNE, if your still holding your (boatload) of shares from back pre-split, then you must truly believe in that company. If your just a little correct you will be a millionaire and be able to retire from posting on these MBs...LOL
ALL IMHO
GLTU
RAZ
I thought the trading at the end of the day Friday was wierd. It began near the EOD with a relative narrow window of HUGE volume/price gain... I would view this as a 2-3 day price rally that just began at end of day friday, leaving the entire next week to "fuel the Flames".....heh, maybe even another PR next week?
ALL IMO
RAZ
HMMM..congrats to longs here....those who are holding for the the END and those holding for anything else along the way.
I am still confused about the reverse merger announcement...surely if assets increase by $8 million, then the pps should jump at least $0.0008...looking for $0.0015 minimum...
I was interestd in JOBMAN's take on the BIGGER picture of the ECOFL stock future and it's utility for AMNE. I would like to know more about this as I have very little knowledge into this type of working...
Anyone think the next BIG PR will have something to do with the Infinite R LAB testing being conducted???HMMMM???That's where I put my bet...any thoughts??
ALL IMHO
RAZ
AGREE...
There is the Thermofocu 5-in-1 thermometer. THIS one item may be a saving grace for ASFX. Please look into the potential and REAL sales nationally/globally of this device. IT is real, we own one, friends, coworkers, patients use these. IF/WHEN AFSX announces their latest distribution channels for this Thermometer....it could big BIG and unlike this latest (HYPED PR..IMO), is REAL potential revenue...
Granted sales would need to be HIGH volume, but many expect this with a predicted BAD H1N1 Flu season and the need for an Infra-red thermometer (non-touch)...makes cents! I am anxious to see what the distribution chains/channels will look like in their next PR...all IMHO.
GLTA
RAZ
Please read my other posts to get my opinion...yes i have read news for several months now and MORE is coming..
RAZ
I will be adding again around these levels, hope it helps...here goes...
GLTA
RAZ
NOT for the faint of heart...
HOLD out guys, more news is yet to come..IMO
GLTA
RAZ
I agree with the NDD assesment, specifically as it is likely to have little impact on ASFX's future sales/revenues as you explain.
I am seen as a basher to some, but was LONG until yesterday, when I sold shares. I saw a FAKE PUMP on the PR yesterday and took advantage. I have been waiting to get back in though because I believe that the Thermofocus/Financials/Uplitisting PRs are on their way too and likely to push the PPS higher.
I am owner and user of Thermofocus and see it used widely in households. The NDD will need SOME BIG HELP to get recognized and used to even give ASFX a profit!..as you said.
All IMO
GLTA
RAZ
I suppose if the NDD were marketed/advertised correctly, it may become more of an accepted device in the medical field. Even getting the "medicare" coverage may boost its image. I am still curious to know why this type of device has been "on the shelf" for so many years without the interest until now...
I am thinking about getting back in if PPS get s a little lower as I believe the PRs will keep coming...The thermometer sales are what I count on...IMO
RAZ
Well Chef,
I believe the "MOMO" of this PPS right now is NOT reflective of ANY fundamentals and ONLY speculation..
NO ONE and I repeat NO ONE in my field has even heard of or would even use a NDD...This is probably why not many have sold..
Look at this:
Safeguard says they charge $120/unit. They had ONE shipment in 03/2009 for 5000 units=$600,000. NOW ASFX will get to fill 2000 units!! WOW...right? Not exactly, 2000x$120-$240,000. ASFX ONLY gets a small percentage of that as distributor commission. How much? Well THAT is what everyone is waiting for...FINANCIALS!!
So to see a market cap in the millions!!!!! WTH! PURE speculation...go ASFX!!
RAZ
No problem, only offering opinions and seeing what you might of thought...
GLTU
RAZ
Interesting thought Slaz, I certainly respect from where your opinions emerge.
I would like to know what YOU think the reason why NOW all of a sudden the NDD device will have ANY sales, whereas they have been lowsy (from what I conclude) since FDA approval in 2002? I can give you a "bird's-eye" view that the NDD device has NOT been recieved well in the medical community and no one I have asked all day today in the office has ever even heard of such a device....so I really believe today's PR is at least recieving an unusual response from the market...
I own a thermofocus and believe THAT is the "holy-grail" for ASFX, but we are still looking for the PR for that...Which baby retailer, revenues, etc....
All IMO...
Disclosure: no holdings (sold ALL today)..
RAZ
You guys are gonna hate this, but:
IMO...the NDD is not being used by anyone in the medical field that I am aware of and I get first hand knowledge daily. It has been FDA approved since 2002 and I can't find ANY sales records from the company (although I have only skimmed the surface)...The inflated PPS is PUMP based on this PR release..again IMO...as NO revenues are likely AND IF any sales occur, then ASFX only gets distributor commission on the sale...see my point?
NOW, I am awaiting the PR about the future of THermofocus and it's revenue stream...this could be BIG, but NOWHERE near the $0.5 to $0.10 range...remember the company is distributor! NOT manufacturer..I could NOT BELIEVE that the "wallstreet.com" or whatever the author subscribes to, said the O/S shares were about 250,000,000....WHAT!! Was he for real? That was OLD O/S news and we who have traded ASFX for the last few months KNOW that the O/S is much higher....all IMHO...Congrats to the longs! Be cautious now though as the bubble is getting TIGHT!!
RAZ
Had my trigger set for $9.99 as a medium-term profit, but i will glady wait a few more days for that!...
GLTU
Hi Peach...
Never even thought to look for a GNW MB on Ihub until now.
How about that PPS? I was looking around the MBs to see what other posters thought about all the extra volume/volatility of late.
Have you been long, trading, or a little of both with GNW? Wish I had gotten in before $5s, but heck at the time MOST financials were so badly beaten down all you had to do was pick up shares on the street for a dollar each.
Nice to be free of the AMNE board for a bit...
Thanks.
I will go on the record:
If the close EOD Monday 08/10, is 0.0015 or higher, then I will drop ALL concern about the split issue/PR misleading, etc... I will even send out an official congratulations to ALL LONG investors at that time...honest
FWIW, the PPS wil be 0.000x by that time...of course IMHO.
Thanks.
I don't believe shares will be taken back, but at least that would level the playing field. I know if it were me buying Mon and Tues I would be pissed if they took back my split shares...even against principal.
all points I agree with.
Thanks.
what did you think would happen?
Did you believe the PR?
I was fooled by the AMNE PR telling me I MUST buy on Friday to get the F/S. I knew that it shouldn't work that way, with Mon/Tue, left trading. I honestly thought trading would halt on MON and TUES and open Wed 5th with 1/5 pps of Friday EOD...what did I know, only that AMNE told me to buy it friday, that was the last day. What more can I say? Do you trust AMNE?
I continue to ponder inwardly.
Thanks.
I suppose I too will wait and urge AMNE to at least explain the PR wording and alleviate my concerns. I do not want a legal situation to materialize as I will likely be a somewhat reluctant long-term baghol..er investor in this company.
I too have nothing against any posters/shareholders. If I had known I could buy Mon/Tues at a 50% discount of Fridays pps and get 5x shares, well I WOULD too and not say one WORD to about the Friday PR either. I understand the other MB posters on this.
Thanks for a cool headed reply as I let the steam dissapate from my scalp now.....
ALL IMO
Thanks.
Well it seems again it is not a case about understanding the F/S process now is it? You and I know how it should work, but this was a very unusual one...date of record, then ex-dividend, 3 days apart, etc...yes confusing I will agree.
The split price and EOD price Friday is not of consequence. If you have followed any of my threads, it was about WHO recieved the 5/1 shares based on WHICH day they purchased them. This was stated in the AMNE PR to be FRIDAY AS THE LAST DAY to buy. Why skirt this issue with a fog of accusation about misunderstanding, pissed off, etc... YOU were lied to as well, guess you can overlook it though.
I can imagine there are only a few traders in my specific situation, who bought and held EOD on Friday exclusively, like me to be SURE we locked in the 5/1 split as AMNE PR'd.
Well the "leg to stand on " is not up to me. It is upto a legal professional and the numbers of plaintiffs, etc....
But on the brighter note...I still hold ALL shares. Funny I tried to sell at 0.019 yesterday for like 10 minutes, but not a bite..LOL. Oh well maybe i will get a Monday sell price, say around 0.0005 or 0.0006, which you know will probably be the price once all the outstanding shares are delivered and sold/dumped....GLTU
Thanks.
To reply to private messages:
The fact that there was tremendous price/volume movement on Friday 31st, the same day the PR was sent.."MUST be a shareholder TODAY to get split" statement, then to have a 50% drop in PPS the following two days (Mon and Tues) is what is at legal question...IMO
It would seem liable for AMNE (or anyone inside AMNE) if they participated in ANY trades during this time period stated above. If so then they could be charged with misleading investors. Even if they did not place ONE trade during this period, the PR mislead THIS investor and others as I have heard.
The original Split date of June 1st was prefaced by "without a hitch" remember that, at least giving us warning. And sure enough the PR came out stating they needed more time, seems FAIR at that time. NOW with a MUST be a shareholder TODAY statement is absolute, absolute I tell you, and without question in a court of law. They stated this, not I. I just read this to be true. It is not about doing DD, it is about being able to take ANY amount of credibility from ANY PR's from a company and using the info for investment/trading purposes.
I want AMNE to succeed, but not by false or mistaken PRs that lead to unfair advantages for some and disadvantage for others. No one wants a legal situation, but what is the answer? To just go quietly into the night and suck it up? I think not.
ALL IMHO...
Sounds good. I believe in a fair resolution based on perhaps an unintentional mistake on AMNE's part. Curious to see what happens from a legal standpoint.
TRUTHFULLY, I cannot verify that people who purchased on Mon or Tue ACTUALLY DID get the split shares...unless there are about 100+ MB phonies here (I doubt), but still I lack solid evidence.
Now, to make things worse, once MOnday comes and the remaining shares are delivered, we will likely see a massive sell-off further worsening the PPS and our losses...that is IMO..
Be in touch...working the day job (wish I was trading though)!..
Thanks.
Hi LOVE THE MARKET.
I believe that the HARD luck in our common situation is that our retail broker (mine TDA) and other shareholders brokers are the "luck of the draw". I wish I could change this as I too will have to wait and watch as the PPS likely tanks each day until it reaches 0.0005 and then I will recieve my delivered split shares.
The ONE definitive saving grace is that PR statement which makes ALL companies liable to be true to the best of their knowledge. You MUST buy by FRiday 31st to be ashareholder of record. And YES that means other who bought after at 50% less the PPS had an unfair and, albeit unknowingly, illegal advantage that may need to be sorted out through legal actions. These are all just MO.
Thanks.
YES, the spring is almost coiled-up!! Watch your face here!!
GLTA
I will copy/paste the PR from 07/31 here but it is also a sticky post a the top of the board message list:
"today is the LAST day for shareholders of record to receive the 5 for 1 forward split; in order to receive the dividend you MUST be a shareholder of record on the close of today."
If you bought MON/TUE, 08/3 or 08/4 you also got the split (according to about 100+ posters. Not me cause I cannot verify it).
The PR therefore was WRONG. It mislead investors.
Heh, funny thing is, I did not BOLD type "MUST" in the PR. AMNE did that.
cheers.
Thanks.
Sorry, that retort/explaination not directed toward you....but thanks for agreeing...what a mess...
Agree, this is MM games, with the company showing great potential..IMO.
Buy these dips as I bet the train is about to depart..WATCH OUT!
IMO
PR stated "Friday 07/31 was the LAST day to buy shares" in order to get the F/S, just read it..plain as day and FALSE...
Thanks.