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I also noticed we went to "limited info" sometime in last couple of weeks. Not good.
If you follow the link and look at the bottom right hand corner you see SmartKiosks is advertising "freeprintze.com" as one of its services. Interesting. Sure would be nice of we got some info from the company.
oh shit! SEC involvement. This can't be good.
Ouch! Hope you weren't playing with Junior's college fund.
This is trading on hot air. I've been burned by enough pinks to see the tell signs, like "reached an agreement to begin offering xxxxx". That is fools language. No deal, doesn't mean anything. Just keeping it real. This will walk back down below .001.
I hope elcheepo reads this. But I've been in jail on a 30 day sentence before that only lasted a couple of days. All I did was convince the mod that I had read over all the rules again and after self reflection realized how wrong I was. And, if she'd just give me another chance I would prove her I was a changed man. It was all bs but it worked. Goood luck.
The website is still there, www.imagexpres.com.
Unlike the other scams I've been taken by this year (SNRS), it appears John is attempting to keep "current" with pinksheets. Everything else looks bad, but usually when the top brass decide it's over and plan to bail they let the reporting status go to h@ll. Maybe they do have at least one more attempt at a run coming. Just thinking out loud here.
Solar shmolar!!! I just bought a new Samsung Replenish through Sprint and got the optional solar charger for $29.00. If you Google "solar charger cell phone" you'll get hits all over the world selling these things for as low as 9.99. But you think we will make enough on a $99.00 one to make the price of 34 bil shares move? Get real.
I would venture to say if we don't get any PRs by end of Monday that Chin is some hot water with the SEC and his attorney is telling him to keep his mouth shut. The flip side is that if they start back with PRs then they're confident there are no SEC issues and this thing might take off. It's a crap shoot right now.
I agree 5301 and have posted the same. I am very confident the 300 mil deal announcement and the Apple association pr triggered an inquiry by the SEC. Not serious at this point, all they do is send a fax or email say, "hey prove it or else". If they don't respond the SEC will halt trading for ten days, then it resumes on grey. If thy support the prs, then the SEC leaves them alone or does a secret investigation which the company would not necessarily know about. But, if they pass the initial inquiry, I would imagine Chin will start blabbing again, and, the pps should rock for a while. This is do or die right now. We with make a bunch, or lose it all.
Having been burned by the best them, I can can probably predict what is going on. Chin's 300 mil $ deal and claimed association with Apple triggered an inquiry by SEC, which, while going through that process they wouldn't dare say a public word. It takes only a few days for the SEC to ask a couple of questions by fax or email. If not answered at all, then a stop order issued (in the am before market opens). If answered, but false, then the SEC then pursues indictments and civil action without stopping trading. So, if Chin starts hoot'n pump in a few days he just might be legit on this. If we get to Friday and still nothing, he is probably getting indicted.
I'm long and hopeful, but this is kind of looking like the old Liar Guy skit on the old Saturday Night Live shows. Remember Jon Levitts? "Oh, yeah......that's the ticket..." with every new lie he spun. Hmm?
Pascal: The way I read the pr is that they either got an exclusive contract from Apple, or, they gave themselves an exclusive contract to sell their own product. The Former, if true would be big, if false prison. If it turns out the latter be the case, I think they are also looking at prison. But I'm not bashing, just pointing out which way this thing to go, it will either be really good if true, or really really bad for Chin and his gang. The won't have another year of games like after Nourtech.
NEWPORT BEACH, CA, May 31, 2011 (MARKETWIRE via COMTEX) -- Sunrise Consulting Group, Inc. (PINKSHEETS: SNRS) announced today that the company has received a contract to have the exclusive sales and marketing rights for its Apple approved solar case for the iPad2 in the United States
Those of you are right about Apple not messing around. Last year, the SEC was popping any company trying to imply connection with BP in relation to contracts for clean up. I would think that what SNRS has said about Apple would have to be proved up to the SEC or there might be a ten day stop if they fail to answer. The way I see it is if all of the past week's info is true, then I have finally hit a big one. If not true, these guys are going to prison. I usually end up seeing the latter.
You're correct Blonde. A provisional patent "application" is just a date placeholder for a future patent. It isn't issued or really anything. The filer files it and can claim the concept up to a year later. It is confidential and no way to look them up for obvious reasons. I was really confused how such a thing could be worth a lot of money. I guess if it was the type of idea like the wheel maybe.
a buyer is a buyer whether it be me, you or the company. Suppose you're sitting on 10 millions shares. Based on what you know to date you stick with those shares only even though you were thinking about buying another 10 mil. Hypo 1, next week we learn from updated finanicials (which currently SNRS is out of compliance, see pinksheets.com), that the company received a dividend making the the share value 1.00. The company spent the past week buying back most of the shares. Now, wouldn't you be pissed? And, wouldn't anyone contemplating buying shares but didn't have a claim for damages? Of course they would. Hypo 2, Next week the company files bankruptcy after spending the past week selling all of its shares. I don't even have to ask the question in this scenario.
My whole point is that the company is out of compliance with its obligation to make public disclosure/filing of finanical information. Last week the lost there "current" status on pinksheets.com and went to "limited information" which means they have properly filed/disclosed information to pinksheets.com or the SEC. I'm puzzled, therefore, why they would initiate the current campaign of news and deals with the bad mark on their status. And, a buy back is almost certainly subject to accusations of insider trading with the status as is. Doesn't make sense.
I think you just tipped the fact that you might not really be a retired market maker if you cannot see the problem with my hypothetical. If the company buys up shares worth 10 cents with insider info when the shares are currently trading at .0002, the clearly it is insider trading. Any investor who is deprived of the chance to make the roughly 10 cents profit on the shares is damaged. And you claim to be a retired market maker? Really?
I respectfully disagree. Say the company is sitting on info that makes the shares worth, oh say 10 cents, but has not disclosed that info, and as a result is "limited information" on pinksheets.com. I think under those circumstances they'd be committing insider trading if they bought back shares. Don't get me wrong, I'm holding a boat load of shares, but I just can't figure out why they would initiate this campaign when they are "limited".
FYI, the patent office does not track owners of patents. It only lists the person who a patent was issued. If you sell it later there is no record at the patent office.
My big concern is why is the company trying to pump all of this while it is still "limited information" with pinksheets.com? If they bought back shares in this status I think it would be insider trading.
I hope this thing moves, but since they are "limited information" on pinksheets.com I think this would amount to insider trading. Chin might be just pumping for a last grab of money before splitting. Or, it might be legit, which then I would make a few bucks.
The biggest issue I have concern over is why in the heck would they start this campaign without first getting their status back on pinksheets.com? Usually that is a sign of a last grab before going on the lamb.
I'm generally critical on pinks, but I'm sucked in on this one waiting for the other big announcement by the end of the day.
Here's my 10 cents worth. The trouble I see, and hardly discussed here, is that the company slipped to "limited information" last week on pinksheets.com. Then the miraculous PRs started. Now, what CEO in his right mind would try to initiate a price movement on info when the company's own info is questionable to the public? This usually means a last grab of cash before heading to the airport. But who am I. There is no bigger fool than someone holding a few millions shares of a penny stock thinking they're going to hit the big one.
[UPDATE] NEWPORT BEACH, CA--(Marketwire - 05/24/11) - Sunrise Consulting Group, Inc. (Pinksheets:SNRS - News) announced today that Raymond Chin's son, Jack, was on his way to the market to pawn the family's only remaining asset, old Bessie the cow, when he stumbled on a man who traded him three magic beans for the cow. Chin is certain when the bean stalk is fully grown, and he finds the goose that lays the golden eggs, SNRS's shareholders will finally reap the profits they've been promised.
Jusy FYI, if you think you've were passed over on an order, then you have a right have your broker explain it to you citing records. Each broker can sell out of order to its own customers, but other than than it is all electronic and no "holding down". If you want to buy for say .0002, then you won't get filled unless someone sells for .00015. Those boards exist but not for us.
PR that says they have to borrow money to fill orders. Existing orders on the chargers or new orders on new products? Now that is confidence.
Is there still hope? I guess no one knows. But, I am amused that penny picker companies are still touting this one and none of them seem to be associated with IMJX, at least from what I can tell. Also, you would be hard pressed to see a share loaded pink like this ever make it big. However, the few that ever have were in the medical field (pharmos). Who knows, maybe we could get a big news release which implies Surgiscan might have a huge impact on the medical profession. 10 bil, 20 bil, wouldn't matter then, there would be a short term spike.
Enjoy Friday the 13th everyone.
The fact that Smartkiosks is a separate entity with a different name doesn't really mean anything. You own IMJX, but it isn't in your name. That's the whole point about owning stock. The important question is who owns the stock of Smartkiosks? John? The other insiders? If that is the case then they will surely pay when the lawsuit gets filed.
The Website. The chick in the foreground is pretty hot! But I'm puzzled why those in the background are out of focus. Not a lot spent on that header. This could mean trouble for us. But, overall IMJX looks like it has been really improving the quality of its website(s) in the past year or so.
My post was intended to assert that the kiosks had been billed by IMJX as their big future money maker last year or so. So, if there is a private company (owned by John and other insiders) then I think there will be a lawsuit as this really belongs to IMJX's shareholders. I think, though, the prs from a year ago claimed that IMJX has a proprietary interest in the software packages and marketing kiosks outside of the company that actually resales or manufactures them. It is obvious they are keeping us in the dark on the details on this issue.
I only check this every now and then lately, but it is good to seem some of the most downers on the possibilities of this company pointing out the good. But I would just say this about the placement of the units since the debate is a year old and no one else has chimed in. But, if part of your edge in a market (and now the kiosk market is getting overrun with competition) then you surely wouldn't post on your website or even email shareholders your customer list. That info is trade secret rule number one. So, try to understand why John isn't broadcasting, "Hey Mr. Shareholder, run down to xxx or yyy, and see our kiosks in place." But, the propriety ownership of the kiosk company needs to be vetted. I've always maintained they might have bitten off a lawsuit if they absconded with that corporate asset. I guess time will tell.
Frankie: One of my vibes on this was the same thing. The PR was a softy and alone wouldn't budge this due to the os. So, maybe something big is coming and they are trying to grease the volume for a big move. Possible?
Crap! Been away a couple of weeks. Pink promoters w/no possible income other than stock = super dilution and final grab by management before the be fold.
That's pretty observant Frankie. No here is where Maronti might have a little fun filing a complaint. Find out which state(s) the certifying attorney is licensed. Then to on line to the state's bar discipline office (ie, in Illinois it would be the Attorney Registration and Discipline Committee (ARDC). I think you can in most thats file a complaint by filling out a form on line.
With that information, file a complaint with the bar that the attorney filed/acknowledged a false document; suborned perjury; violated the security laws (US & State).
Attorneys hate getting this kind of complaint. But, they have to answer the complaint in writing. If they have in fact violated an ethical rule they will admonished, censured, suspended or even disbarred. What we want to see from this, is the attorney will run a retraction to save his own @ss. If that happens then IMJX is finished.
Maronti, go for it.
I've been ripped off by the best of them, it's part of the game with Pinks. Every case is different as the CEOs have to figure out a new scheme as we get wise to the old ones. But, it's been my experience that huge dilution basically follows two avenues for the officers. The worst, and you won't believe anybody otherwise until you've lost your money, is when they hype a huge contract or merger with some obscure company in Palestine, coupled with pink promoters, then they unload their shares with an up tic in the frenzy. They can do this two or three times in a short period before everyone finally gets it. The other avenue, is when there is a legit company that has a terrible pps history, but there is inside probable good things coming. The a/s news turns everyone off even more. Then, just before the news, the brass starts buying until disclosure is required. The news hits, the brass unloads on the upswing.
Now, take this with a grain of salt since if I were a millionaire I surely wouldn't be f@cking around with these pinks. But, I still can't get the billion share day we had back a few months ago off my mind. Could be a fluke, who knows.
For the new comers to pinks, one reason you might stay away from this company is that if half of the predictions/assertions of the CEO in the pas 18 months were true they wouldn't have needed to sell shares at .0001. Let alone another 10 bil worth. My more prudent brain hemisphere says we've been taken for a ride. But it's all part of the game. I hope you didn't bet your kids' college tuition.
You are correct. I got to it, but wow is their system weird. I guess if I could get each share printed on a separate piece of paper I'd have enough fuel for fire to get me through next winter.
Probably. That link will take you to a document that purports to change the A/S. But, if you go to the Sec of State website(Colorado), you cannot get to any such document by doing your own search. And, there hasn't been any public news story or release since Nov 9 that I can find. But is a fact they were upgraded to "current information".