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I think they have to wait tell they acumulate a certin amount. Then it still has one more process to go through, to make it 999 fine. Then sold on the silver market.
Embracing the Pink OTC Market Model
Opinion by Timothy J. Keating
“The OTCBB is now terminally ill; the faster that FINRA pulls the plug better.”
Previously in this column, we had noted that in 2001 there was an average of 306 market makers quoting prices in stocks trading on the FINRA operated Over-the-Counter Bulletin Board (OTCBB). That number had dwindled to 199 at the end of 2008 and 160 at the end of 2009. As of April, the number stood at 135. There are now some 51,127 priced market maker quotes on Pink Quote vs. 9,615 on the OTCBB.
The OTCBB is now terminally ill; the faster that FINRA pulls the plug the better.
Meanwhile, back in the land of free markets, Pink OTC Markets, Inc. (www.otcmarkets.com), the operator of the Pink Sheet quotation system, has been trail blazing a new model. Mind you, this is not your father's Pink Sheets. Much has changed, and Pink OTC Markets is now the standard bearer for over-the-counter trading in the U.S. In fact, there are only 53 issues exclusively quoted on the OTCBB with the vast majority of over-the-counter securities (80%) being quoted on Pink OTC Markets.
The company now operates the leading electronic interdealer quotation and trading system in over 9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets segments these securities into three tiers: the quality controlled OTCQX marketplace, the U.S. registered and reporting OTCQB marketplace, where nearly all reporting issuers are now quoted, and the speculative Pink Sheets marketplace, where non-reporting companies are quoted. These three tiers constitute the third largest liquidity pool for trading public company shares, after the Nasdaq Stock Market and the New York Stock Exchange.
We embrace and support this model for the simple reason that we are unqualified advocates of free markets, including and especially markets for equity securities.
Pink OTC Markets is to be commended for its transparency and rational segmentation of its diverse market place. For example, in the Pink Sheets segment of the company's Web site, comprised of non-reporting companies, there is:
A "Yield" sign to warn investors that limited information is available for 737 securities;
A "Stop" sign to warn that no information is available for an additional 3,514 securities; and
A "Skull and Crossbones" to further identify those 26 securities for which the display of quotes has been discontinued because of a range of questionable or suspicious activities.
Surely in this era of failed regulation and ubiquitous access to information, that is all the information necessary to help investors understand the risk profile of certain categories of publicly traded stocks.
Capital formation can only occur when investors are willing to provide speculative "risk" capital to fund new ideas and businesses. Liquidity is the grease that makes markets work efficiently and which, in the case of public issuers, can lower the cost of capital by as much as 50%.
The "flash" crash of May 6 demonstrated that there can never be enough liquidity in the marketplace. This is especially true for the world of micro-and small-cap stocks, which provide investors with the opportunity to participate in the exciting, albeit risky, world of growth investing.
Pink OTC Markets has demonstrated clearly that its market-based approach to equity trading can and does work and is superior to any scheme crafted by regulators. As two obvious next steps, we need to get the regulators out of the world of equity research and credit ratings so that these markets can also evolve and thrive.
Still have lots of shares, Even after the R/S split, And trying to buy more.
.12 cents is not even close. Anything under a dollar is no good either. The investing market have been changing for some time now. The OTC is turning into a joke. Companies are moving to the pinks because it is run much better. IMO, The 1000/1 R/S was the first,and the best move for ITRO. It had to be done for the best intrest of the company, and its share holders. Now we move forward hopefully, with continued growth will mean a increase in the share price.
Hay fed, I would like to see the imfo you have. My email is harpe5368@aol.com THANKS
Nice post INSIDER, The batteries would be perfect to process in the off season months. NOV, DEC, JAN,FEB. Sell the silver off right away, then stock pile the sulfer, zinc, and other dry product.
Did some people miss that vary important P/R that talked about developing stage 1, and that it should be up, and operating,and producing revenue in the second quarter of 2010. SEEMS TO ME THAT THEY ARE STILL ON TRACK. The reverse split was the right thing to do. Ther was no future at sub penney. Now if they could just cut down some more of that debt. We would be of and running
Becuase the market is, or was closed. You never want to place a market order to buy stock after the market hased closed. Unless it is a limit order. You might wake up the next morning just to find you paid 10.00 for a 2.00 stock.
Looks like the stock is trading, just no buyers
I read what you are saying. What up with the thousand plus trades today. had to have sellers, and buyers
I just got of the phone with T/D Ameritrade. There are no restriction on buying or selling itrod shares.
The equity financing to come Will be what is needed to become profitable.To pay off bad debt. To get the company on the right path of increased quarterly growth. I do not have the figure that will be needed. I do no they are aware of the problems with share dilution. If the shares stay stable at 1.50 to 2.00 we should have a good chance of moving forward. Continued increased earnings should move the stock forward
I am suprised some still dont get it. With the R/S, Now when they issue shares lets say one million. they will get allmost two million in financing. Insted of having to issue hundreds of million of shares at sub penney. that kind of money could launch Gaurdian, stakeing claims for Auric, stage one and two,and to pay off bad debt.Which I think is the next big thing that needs to be done. It get use out of penney stock status, which no one wants to handle any more. Some of you may not no this the good Doctors salary has been deferred for a long time now, and has been paid with company stock. Yes the same stock that you and I own.
Wasent tradeing before.
VARY WELL PUT. It time to move on and upward. Earning is the key.
Thank you. Glad to hear someone agrees with me.
IMO. There was only two thing from keeping this stock from going higher. The R/S has takend care of one of them. Now they need to take care of number two, and than the stock should start getting the respect it deserves. After that it should start catching the eye of big money investers, and hopefully maybe even some mutual fund managers. It is not uncommon for a stock two go down after a R/S 15 to 30 percent. Good earnings should take of that. People think that it is easyer for a stock to go from 0.0020 to 0.01 then it is to go from 2.00 to 10.00. Its the same pie. We are now on a better playing feild. I to was hopeing for a stronger pps before the R/S,but what is, is. EARNINGS IS THE KEY.
IMO. I tryed to sell some itro not to long ago through a frim, and the clearing house was Pershing. Pershing handels about 30 oercent of the market. I was imformed that Pershing is no longer handling penny stock. All penny stocks. Its time to move to the next level of tradeing. 30 percent is a huge part of the market. Yes the stock has room to go down, but could of gone down at 0.0020 just as easyly. I than used Ameritrade. I had problems there to. Sell a little there, and a little here. Only to end up with a mailbox full of commission. There is only one thing that drives stocks up or down in the long term, And it is not charts. It is company earnings. Hopefully they are still on track, and earning will continue to increase. With increased earning comes a increase in the pps. We are on a new playing feild now, that gives more people, and companies the opportunity to trade this stock.
Expanded and strengthened the management team by adding a Finance & Acquisitions Director. Here is MR FORKNER job decription. The Acquisition part of his job seems a little interesting to me. Lots of smaller companies out there doing similar work. Anyway the company has come along way since september of 09. Forth quarter of 09 was up 100 percent. Formation of Auric Gold. Right up to the best five month in 2010, and june should be the best month ever IMO. Still got a long way to go. A small company like this allways needs more money to jump to the next level of business.
They have a business guy. His name is Bill Forkner. He has been with ITRO since Setember of 09. Since that time the stock went from .0011 to .0040 than settled .0020 He has 35 years in the business of working with companies.
The company profile has a ton of imfo on it if you need more imfo.
Itronics estimates that approximately 50 million gallons
of silver-bearing photo liquids are generated in the United
States and that about 70 percent of this is disposed to sewer
systems throughout the United States. The balance is
captured and hauled for hazardous waste disposal, or sent to
Itronics for use in silver and fertilizer production.
Using Itronics’ technology, 50 million gallons of
silver-bearing photo liquids are sufficient to manufacture
100 million gallons of GOLD’n GRO fertilizers, or 500,000
tons. At current aggregate GOLD’n GRO pricing, this is a
$660 million potential. In 2009 Itronics sold about 2,000
tons of GOLD’n GRO liquid fertilizers, 0.4 percent of the
potential. This demonstrates that, even with large annual
increases in fertilizer sales, there is an abundant supply of
silver-bearing photo liquids.
The 50 million gallons of silver-bearing photo liquids
contains about 10 million ounces of silver; today worth
about $150 million. In 2009 Itronics produced about
48,000 ounces of silver which was sold for $686,000.
Silver output is expected to increase significantly after
installation of new technology which will increase per melt
silver refining capacity by up to 10 times with no increase in
per melt cost (our Stage 1 silver refinery expansion). Stage
2 is planned for future expansion for another 10 times
increase in silver refining capacity. Itronics expects to gain
market share because of its low cost technology.
2000 tons last year, and that has been groing ever year. 11,500 gal per load. Should be about 25 tons. Two Truck load should be 50 tons.
The 14 or 15 states that G AND G is registerd in is good for internet sells, but that about all. The shipping cost are to high. unless someone wants to buy a train load of the stuff, and resell it back there. California has the ability to sop up all 500 thousand tons of G AND G with no problem. That would be the total amount that would come from all of the united states goo. ITRO producted 2000 tons, I think last year. They have a long why to go, and all of it could IMO be sold right here in CA. ITRO hasent even begone to toch the CA. market. The best is yet to come. Good luck to all. MR. TOOL
NWS Reno, NV
Point Forecast: 2 Miles NW Sparks NV
39.55°N 119.79°W (Elev. 4572 ft) Mobile Weather Information | En Español
Last Update: 8:58 pm PDT May 25, 2010
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Overnight
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Lo 43 °F Wednesday
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Likely
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Lo 39 °F Friday
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Lo 38 °F Saturday
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Hi 67 °F Saturday
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Lo 42 °F
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Overnight: Scattered showers. Mostly cloudy, with a low around 43. South wind around 5 mph. Chance of precipitation is 30%.
Wednesday: Isolated showers. Mostly cloudy, with a high near 57. Breezy, with a south southwest wind 5 to 10 mph increasing to between 15 and 20 mph. Winds could gust as high as 30 mph. Chance of precipitation is 20%.
Wednesday Night: Showers likely. Mostly cloudy, with a low around 40. Breezy, with a west wind 15 to 20 mph decreasing to between 5 and 10 mph. Winds could gust as high as 30 mph. Chance of precipitation is 60%.
Thursday: Showers likely. Mostly cloudy, with a high near 53. West wind 10 to 15 mph becoming south. Winds could gust as high as 20 mph. Chance of precipitation is 60%.
Thursday Night: Scattered showers. Mostly cloudy, with a low around 39. West wind between 5 and 10 mph. Chance of precipitation is 50%.
Friday: Scattered showers. Mostly cloudy, with a high near 53. Chance of precipitation is 30%.
Friday Night: Isolated showers. Partly cloudy, with a low around 38. Chance of precipitation is 20%.
Saturday: Mostly sunny, with a high near 67.
Saturday Night: Partly cloudy, with a low around 42.
Sunday: Mostly sunny, with a high near 73.
Sunday Night: Partly cloudy, with a low around 46.
Memorial Day: Mostly sunny, with a high near 75.
Monday Night: Partly cloudy, with a low around 46.
Tuesday: Mostly sunny, with a high near 75.
Zone Forecast: Mendocino Coast Mobile Weather Information
Last Update: 234 PM PDT TUE MAY 25 2010
The "Forecast At A Glance" icons, hourly weather graph feature, Spanish version, and temperatures in Celsius are temporarily not available for this location for technical reasons. We apologize for any inconvenience.
Tonight...Rain in the evening...then rain showers likely after midnight. Lows in the mid 40s. Southwest wind around 10 mph.
Wednesday...Mostly cloudy. Rain showers likely in the morning... Then chance of rain in the afternoon. Highs 52 to 62. South wind 5 to 15 mph.
Wednesday Night...Mostly cloudy. Chance of rain showers in the evening...then rain showers likely after midnight. Lows 40 to 50. Southeast wind 10 mph.
Thursday...Rain showers likely and isolated thunderstorms. Highs 50 to 60. Southwest wind around 10 mph.
Thursday Night...Mostly cloudy. Rain showers likely. Lows 39 to 49. Northwest wind around 10 mph.
Friday...Mostly cloudy in the morning then becoming partly cloudy. Chance of rain showers. Highs 54 to 64. Northwest wind around 10 mph.
Friday Night...Partly cloudy. Slight chance of rain showers. Lows 38 to 48.
Saturday...Partly cloudy in the morning then becoming sunny. Highs in the upper 50s at the coast and in the upper 60s inland.
Saturday Night...Mostly clear. Lows in the mid 40s.
Sunday...Sunny in the morning then becoming partly cloudy. Highs in the upper 50s at the coast and around 70 inland.
Sunday Night Through Tuesday...Partly cloudy. Lows 42 to 52. Highs 55 to 65 at the coast and 64 to 74 inland.
TEMPERATURE / PRECIPITATION
FORT BRAGG 46 58 46
I got news for everybody. I live in california all my life, and vary familliar with the state, and farming, and the weather. Most of the farmers havent even started working the feilds yet. It is raining like a cow pissing on a flat rock as i am writing this post, and has been all day. The best fertilizer sales are yet to come. The second quarter is predicted to be the best in companys history. The planting season is just getting started. Even on the coast were i live, they just started to till the feilds, and had to stop for the rain.IMO, THAT SHOULD MEAN THAT FERTILIZER SELLS SHOULD RUN WELL INTO THE THIRD QUARTER IF NOT FURTHER. That will push it right to the fourth quarter,witch we all no was one of the best quarter in the company. Right up to the winter planting season. HANG ON THE RIDE IS ONLY GOING TO GET BETTER. THE TOOL
April 2010 silver sales exceeded April 2009 silver sales by 18 percent. If they sold a lot of silver in april of 2009. Than April 2010 fertilizer sells sould of been a blow out. They dident make any silver in January, febuary, and half of March. It all came from the second half of March,and April. IMO Any comments
The first quarter GOLD'n GRO liquid fertilizer revenue decline occurred in January and February. GOLD'n GRO sales rebounded in March and were 40 percent greater than March 2009. Dose anybody no what fertilizer sales were in March of 2009. Find that out and you will get a good idea what sells were in 2010.
today updated 2010 sales progress, saying, "the Company is benefiting from strong market demand for fertilizer and silver, and growing worldwide demand for hard mineral and gold properties."Silver prices have strengthened with silver now trading in the $19 per ounce range. With our Stage 1 silver refinery expansion under way and increased output expected in the second half of the year, Even with the unusual weather this year, the distributor sales base is expanding and forecasted growth is on track.Work on the Stage 1 silver refinery expansion is on-going. The Company has been conducting small scale batch testing to develop additional information for actual operating requirements. This work has produced significant changes to the flow sheet that are expected to greatly simplify the operation and reduce the operational costs thereby significantly improving the project economics.The claim staking project for Auric Gold & Minerals has been resumed. The Company has been receiving expressions of interest from potential investors which bodes well for the project as it develops. YOU JUST HAVE TO READ BETEEN THE LINES THE TOOL
Once the silver is out. The goo has to be procesed or it will go bad . Its turned into fertilizer and shipped out right away. I think you can store the liquid silver, but not the other half. There 24 hours in a day. Dose anyone no if the plant is operating at full capacity, or over time, or two shifts, or three shift. ANYBODY. TOOL
NWS Forecast for: Sun Valley NV
Issued by: National Weather Service Reno, NV
Last Update: 2:09 pm PDT May 12, 2010
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Overnight
Partly
Cloudy
Lo 38 °F Thursday
Sunny
Hi 67 °F Thursday
Night
Partly
Cloudy
Lo 44 °F Friday
Mostly
Sunny
Hi 72 °F Friday
Night
Partly
Cloudy
Lo 45 °F Saturday
Mostly
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Hi 75 °F Saturday
Night
Partly
Cloudy
Lo 46 °F Sunday
Mostly
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Hi 78 °F Sunday
Night
Partly
Cloudy
Lo 47 °F
Overnight: Partly cloudy, with a low around 38. Northeast wind around 5 mph.
Thursday: Sunny, with a high near 67. East northeast wind between 5 and 10 mph.
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Friday: Mostly sunny, with a high near 72. Calm wind becoming south southwest around 5 mph.
Friday Night: Partly cloudy, with a low around 45. West southwest wind between 5 and 10 mph.
Saturday: Mostly sunny, with a high near 75.
Saturday Night: Partly cloudy, with a low around 46.
Sunday: Mostly sunny, with a high near 78.
Sunday Night: Partly cloudy, with a low around 47.
Monday: A slight chance of rain. Mostly cloudy, with a high near 68.
Monday Night: A slight chance of rain. Mostly cloudy, with a low around 44.
Tuesday: A slight chance of showers. Mostly cloudy, with a high near 62.
Tuesday Night: Partly cloudy, with a low around 43.
Wednesday: Mostly sunny, with a high near 65.
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I heard that rumor to,Its been a few months ago, And it came from differant sorces. I no its been floating around for quite awhile , Seems to pop up now and than. It needs to happen thow. I do not thank it will happend with pps this low. Good news will start comeing soon. All that need to happen is some good P/R start comeing in, and the pps should start climbing. How HIGH, I don"t no. Maybe .0050, Maybe a lot higher, and than settle back down with time. Like when it went to .0190, And than settle back down. I don"t think it will settle below 0.0050 with good news this time. I believe this stock is under valued right now. Not saying it will happen soon, Just need to happen at the right time. You peaple are right. Timeing is every thing. IMO TOOL
**URGENT**** 12-May-10 01:20 pm Can somebody please do us all a big favor and make sure that Dr. Whitney sees this PR from another company.
http://www.kitco.com/pr/2074/article_042...
It's rumored that a R/S is coming for us, which actually is a GOOD thing. The timing could be better but the reason will be good and it will benefit all of us.
Unfortunately, reverse splits are not usually well received by investors because 9 times out of 10 it is done by dying companies and it's their last gasp of air. This is NOT the case here though. Shareholders and potential investors need to realize this. The company is doing very well right now and has a lot of positive things going on, moreso than ever. A R/S for ITRO should be welcomed. I just wish the pps was higher and more folks knew how good things are...but maybe that is coming soon. I don't know.
This Spider Resource company did a very good job explaining why they are doing a R/S and I think Dr. Whitney should take some pointers from it since the same exact reasons apply to ITRO. Notice how they didn't even use the words "reverse split" but instead chose to say "share consolidation". That was very smart and I think Dr. Whitney should use the same exact terminology so as to not spook anyone.
The reasoning is spelled out very well too and if I were him I would copy a large chunk of it word for word.
I know PRs are not his specialty and he needs help. That's why I'm hoping someone can get this to him. Btw, just emailing it won't work. Everything gets screened. Someone PLEASE contact him and make sure he gets this. I'm BEGGING.
Thanks.
And for Christ's sake buy some more shares!!
This 0020 crap is friggin ridiculous! We should be 0050+ by now.
LET'S GO ITRO!
Sentiment : Strong Buy
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jfusci
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**URGENT**** jfusci Not rated 12-May-10 01:20 pm
Re: **URGENT****
I emailed that to BILL FORKNER. My emails get to h... harpe5368 Rate it 2 minutes ago
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TRUE STORY.During the period of November 2009 and January 14, 2010 a total of $70,000 has been received from three investors from the private placement of 2009 Series A 10% Callable Convertible Promissory Notes. These notes are for five years and are convertible into common shares one year after the date of the note at $0.002 per share, for a total of 35,000,000 common shares. The Company may also call the notes after one year if the Company's common share price closes above $0.004 for 60 consecutive trading days.
I bought 2.5 million today. THE TOOL
If not this week, than maybe by the end of the month. Its geting close. The weather is good.
You are right. Something is fishy. Not hard to figure. Just maybe leave it alone, and wait for good news. Some good news will erase one bad article from one bad writer. Than we move on.
Forbes has got lawyers to. They would tie thing up in court. The only one that would make any money is the lawyers from both sides. Rumor has it that berrett might be a lawyer himself. Berrett said, he picked itro at random. WELL THERE YOU HAVE IT. TO ME, AND TO EVERY BODY ELSE HIS STORY HAS NO PROOF. IT HAS NO SUBSTANCES. IT WASANT VARY WELL WRITTEN. THE MAIN STORY WAS ABOUT MY VINTAGE BABY , witch never was a companey in the first place. Its just not worth giving a writer that did no reaserch on itro before he put the pin to the paper the satisfaction of noing he is geting peoples GOAT. Iam sure that if he did take the time to do a little reaserch. Witch would of been the responsible thing to do. He would of noticed all the wonderful and exciting money making inventions, awards, revenue streams,diversifications with AURIC. Lean mean green machine. Time will tell . It should be a good year for itro. THANK YOU THE TOOL