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The product site for kidz med has also gone bye bye. www.kidzmed.com
You meant reverse didn't you ?
You are exactly correct medicineman. I was wondering when someone was going to say it. Their assets were transfered to a private entity. They were trying to protect them before filing chapter 7. A judge will easily recognize that and deny them protection under chapter7 due to the timing and ongoing litigation. What the people on here are buying shares of is a shell company at this point. Greed has no bounds.
I dumped my posistion last year (thank goodness) and posted a few common since concerns before doing so. It's up to the company to explain their actions and reasons. When they keep quiet about it you can be assured it's NOT for your best interest, but for their own pockets. I do feel bad for all those families that lost money, because it's not always an individules money that gets invested.
Things I seen as bad signs include the issue of voting power to the board members over all common shareholders. An instruction video by the CEO that looked like it was taken with a cell phone camera. Various I.R. firms coming and going faster than you can say " what's the new IR number?". I.R. reps fighting on message boards is another. I don't really have to mention the financial statements because if they were good the other problems and mistakes would not have been made. It's been one large cluster....since the conference call. It looks very possible that this is going to become a shell and the current investors are going to have a lot of nothing. I've been more acurate than the star wars guy and his charts. Just sayin.
So you believe they're making enough money right now to pay their debt and still fund operations without raising that amount?
Sure, you take two weeks, Wilson just wants one, and I'll expect something in 30 to 45 days as always ROFLAO
What on earth are you talking about? Big as in a train wreck?? ASR going to redeem themselves??? My guess is that nothing big will happen either way, and people will just start saying how the next quarter after will be the big one. How small improvements are all we can hope for. Remember, everyone trusted ASR to bring out some great news after the reverse to justify it's massive size, but it never came...
Now I don't trust them, especially after being told how there was so much going on behind the scenes we just couldn't be told about and the investors would be very pleased. That all turned out to be nothing. Absolutely nothing.
Probably even more 10 cent buyers when we get there. Looking good as it keeps creeping down to the next good entry point. Anything under 10 cents will be a good buy. Not so much in the twenties as you can tell by the consistant low volume. Volume should pick up as it gets lower, then give a real strong push upward to 50 cents or so if big news is released.
I suppose August is going to be just as hot as July was. :P
What ever happened to the supposed move to the BB?? I can no longer believe FINRA is responsible for just being slow. How many years should it really take?
Thank you. Contacting them personally is always "one" of the last things I do while doing DD. I always want to have all the information I possibly can before contacting them so I do not waste their time or mine. I will have a list put together of any concerns I have and go down that list with them. So it's always good to know what your concerns are first. Hopefully the audit is coming along well and the limited information label is soon turned to current.
P.S.
No need to scream, I'm a real investor and small business owner.
Been reading the (unaudited)financial report on pinksheets and I was considering taking out a new position, but the whole multiple steps thing now concerns me. Will there be a reverse in the O/S in one of those steps? I would like to know. The report stated they had no intentions of a R/S, but now I'm wondering. I will eventually take a position, just treading softly for now in case there's a 1/500 reverse down the road. After all, they could have easily stated their plan was to solely cancel out some of the A/S and would not include a reverse of the O/S.
I like the product and the fact the company seems to be active with it, or I wouldn't be around. JMO and GLTA
I think i heard around 30 to 45 days or so. Wait, that might be from 2009 or 2010.
Sorry for the spelling...>their not there. In a hurry, have to run.
What's the current O/S and A/S if anyone knows? Just noticed this company by accident so haven't done the DD on it yet. Would also like to know if they have a decent IR for there shareholders. Thanks in advance. I will check back on it tomorrow when I get the chance.
Can anyone explain why two trades at the end of the day for 35000 shares went through. One was a sell and the other a buy. Looks like they washed each other out.
Only one buyer with one trade today. Doesn't anyone other than one person think this is worth 30 cents ?????
Cmon......someone has to want at least one share. Aren't investors searching through facebook for potential good investments anymore ??
Are you talking about getting a nice and positive price moving new investor swarming and gaining all hope back type of press release? That's just crazy talk. Maybe back in the old days.....but not now.
It seems someone temporarily raised the bid at the end of the day yesterday just to see what would happen. Of course it was given the interpretation of being another big wave because that's what they wanted to see. We were also told about what a big week this was suppose to be by claims of being in the know, but here we are in the twenties with no big news, nothing , nada. I'm not complaining because I know that news will eventually come, just putting some reality on it. When news hits that is worthy of an uptick in price then the SP will move up sharply if only for a brief or moderate amount of time. At that point but not until will everyone be able to say they were right all along no matter how many years it took.
Wasn't this week suppose to be really big as per one of your other post? Can we expect a retractment? I don't agree with the charts, but they're no worse than talking about the weather in regards to this company.
Yes July is always a hot month in the US. Yes you can always draw some lines between what a penny stock is doing price wise and then try and read the future that way. I like to refer to the words in a song by Don Henley 'The Garden of Allah'.
" There are no facts, there is no truth, just data to be manipulated. I can get you any result you like. What's it worth to you? Because there is no wrong, there is no right, and I sleep very well at night. No shame, no solution, no remorse,no retribution, just people selling t-shirts, just opportunity to participate in the pathetic little circus, and winning...winning...winning.."
Hey did you really think Charlie came up with winning all on his own?? LOLOLOL
30 to 45 Days is what I think they said around the first part of 2010.
Current price target is .10 cents or below. With the current Profit and Loss figures, the company SP is well overvalued. That could change if they announce a huge sales contract with solid projection numbers (no more guessing games) and start paying their creditors and employees with cash instead of shares.
"Several brokerage houses now looking at ASR. All good"
Can you possibly provide a link with this statement? How would you know?
Too bad we don't work for them then huh?? Or........do.....we.....
Actually they don't. If they did we would have seen more runs like in 2009. They simply run off of actual worth, intrigue , speculation, and dreams. If a company can create those four things in the mind of investors be it day traders, flippers, or shorts and longs, you would see huge volume and a sharp spike in the PPS. As of yet the company is trying to grow without adding these four elements to the mix and in my opinion that is a mistake. If your talking about the NAS...then it relies more on the fundamentals of the company.
IMO charts only work in high volume stocks. That's why at some point in the past OBI got a reputation for what he does as the shares were trading in the high millions per day and message boards for each day took up numerous pages to flip through. But now volume is gone, intrigue is close if not already dried up. Speculation has been replaced with doubt, and dreams have been smashed for many as they look at their accounts.
Well, nothing new I guess. The start of another dead week for this company and it's stock. No explanations, they just keep spending more money, filing more 8-k's, wasting resources on fruitless lunches and trips over seas as the financials keep looking worse all the time. I still see this going below 10 cents once more bad news leaks out. My instinct chart says it may be sooner than I originally thought.
Besides the location it doesnt look differen't than the old place. Seems to have very little room to move around in from what the pic shows. If it is larger it isn't by much. I wouldn't have taken the time to move the Mebby or NDD. I would have left all that unsellable junk back in Ohio.
I hope someone (probably only Christy) can report to us on what was said in the presentation this afternoon and how well the food was. A blackeberry video of tirotta speaking posted on youtube would be fun to watch, maybe. Just wondering how he's going to sell this to people at the presentation. Whish Icould have been there. I would have passed on the steak and filled my plate with large round vegetables.
'qqstormus2' My previous post was a reply to your question.
HNHI NOW INELIGIBLE LINK AS OF 06-08-2011
http://otcbb.com/asp/dailylist_detail.asp?d=06/08/2011&mkt_ctg=OTCBB
Ineligible for quotation on OTCBB due to quoting inactivity under SEC Rule 15c2-11
There are always shares listed on the ask, so I have no idea why they claim there is a problem buying them. Maybe they should try a market order if their broker allows it on a pink.
Fizzled
Still bleeding down in the red. What a surprise. Wouldn't put another dime in until it's under 5 cents. I think that's where it's true value is unless they can show 100's of thousands of dollars in sales for the next quarter. They need to drop Mebby, it's just sitting there waiting to suck up resources. Get rid of the NDD if they still don't have anything new to show for it. If they do, they need to get that info out sooner than later to prove it's so called worth. CE is now months and months overdue of being publicly announced 'if' they even have it. And last but not least, they need to stop dumping shares from the A/S's onto the market. It's too obvious when we see those 100 thousand share days pop up out of nowhere and the price still closes in the red.
Who dumped all the shares onto the market today???
Was it the company dumping shares??
Still dropping every day into the red with shares being released for a quick handful of cash. .01 might be the floor PPS for a while this year. Anymore negative news discovered or released by the company and we're headed back to sub penny in a handbasket. (might be anyway) Too bad for those that were throwing more money in at the higher levels but live and learn. This is still on a heavy downtrend as long as the company is trying to build cash in their account. The consistant share volume and downtrend tell a lot about what is happening.
The 5 billion A/S are still there so the company can raise capital by dropping them on the market really fast if the PPS were starting to run up. It's sort of like looking down the barrel of a large gun while the person holding the trigger tells you " don't worry, I'm not going to shoot you, unless I have to". You then have to guess WHAT will make them have to. In ASR's scenario it would probably be to pay debt.
They might not have made proper adjustments for after the split. Just a guess, will probably be fixed after the financials.
This always happens when the company is throwing shares on the market. The price will remain low. Bye the way, another 8-K is out.
http://www.sec.gov/Archives/edgar/data/1114605/000114420411017989/0001144204-11-017989-index.htm