Explore small cap ideas before they hit the headlines.
Explore small cap ideas before they hit the headlines.
There seems to be a lot of confusion about the Form D. Section 13 of the Form D very clearly says that the DOLLAR amount of the offering is $1.5 million.
13. Offering and Sales Amounts
Total Offering Amount $1,500,000 USD
Total Amount Sold $645,000 USD
Total Remaining to be Sold $855,000 USD
Section 16 says:
Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.
Arista answered $250,000. $1,500,000 minus $250,000 is $1,250,000 that is left for "other stuff" other than paying execs, which I think means revenue generating items.
The Form D says that Arista is raising $1.5 million. $250,000 is for officers and directors. That means $1.25 million of it is going towards producing products on sales that the company is making or has made. That's the real story here - that "only" $250,000 is needed to pay officers and directors is a pretty good thing for a company at this stage.
Are the officers supposed to work for FREE? Of course not. There are five of them at least (that's how many are on the website, there could be more). This $250,000 amounts to $50,000 each (I know that they don't get paid equally). Not as extreme as being portrayed.
Sounds to me like they are turning the corner. Finally.
Correction right back at you xy: Schmitz became CEO in April 15, 2010. I said current management took over in mid 2010. I'll stick to that statement. Tough to blame current management for something when there was a different CEO there. It's like blaming Bush for 9/11. Once again, xy rarely misses a chance for a negative statement.
Here is the 8-K:
http://www.sec.gov/Archives/edgar/data/1424640/000121390010001572/f8k041510_windtamer.htm
Question for the Board/Moderators: Is it a valid topic for this Board to compare ASPW to similar companies out there to debate which is the better investment?
Fossil: The chart you link to pre-dates current management, which basically took over in mid 2010. Also, saying ASPW lost 82% since 2009 leaves out a key part of the story since the stock traded at the $20+ level for a very short period of time (the first 3 days of trading, without a close over $20). That being said, I totally agree that 2010 and 2011 were not good years as an ASPW stockholder. Let's turn to 2012, though.
How about this one: In 2012, ASPW has increased 85%. Management has delivered on a large army contract and is prime contractor. Arista has partnered with perhaps the best possible company for it in GE. That's a pretty good 2012. I am optimistic that 2012 - 2013 will be more like early 2012 and not 2010. We can't change history, but we can profit from the future.
I had a message deleted for reasons that I don't understand, so I'll repost it in a few parts so that the only part of the post that is deleted is the infraction.
That's what I thought - you don't want to discuss the facts.
Wakl - Why don't you apply the same standards of diligence, numbers, etc to Arista as you do to that other company that you post on many times per day? I'm not trying to bash, just understand the difference. Both are BB companies with lots to prove, but one gets skepticism and the other optimism. I'd love to understand what you see in one versus the other.
Wakl:
You're wrong on many points, which you're probably used to by now. Usually I let it slide so you don't go crying to the moderators (oh, you are one - of a company you bash all the time -- that's odd). But this time, I happen to have some time to show you the error of your ways.
Issuing a very modest amount of stock options (considering the millions of shares outstanding) to the Board is NOT listed as the type of bad dilution by your article. What was listed as bad dilution was: (1) very large grants of stock options (50% of the company in the article's example) to insiders, (2) buying other companies with stock, and (3) secondary offerings. Arista has around 11 million shares outstanding. Around 60,000 options were issued. That's 0.5% dilution - meaning, virtually none, or put another way 100 times less dilution than in the example in your article. So your link did nothing to show that Arista did anything bad for the company.
Your statement that "As for transparency most companies will Pr any filing as news." is flatly false. I follow dozens of companies, and NONE - I repeat NONE - of them PRs a Form 4. I'll bet you can't find ANY company that issues a PR about a Form 4 being filed.
As far as directors go, I just searched the Form 4s, and no director or officer has EVER sold shares of Arista. EVER. And many have bought shares. Recently, the CFO bought 37,500 shares and a director bought 10,000 shares. Looks like they are aligning themselves with shareholders - that's a big key for anyone looking closely. Will management and the Board "win" no matter what? If yes, that's a flag. At Arista, the Board's options are worth NOTHING if the stock doesn't go up. If the stock goes down, insiders LOSE money just like shareholders.
As far as questions about the FBI and GE, why didn't you go the shareholder meeting (that you've said for 2 years wouldn't happen) and ask those questions to management if you're so interested?
Wakl - What do you mean "if they were transparent"? All the options are listed on the link you provided. So I guess that means that you think that Arista is transparent? Am I missing your point?
I think it's great that management and other insiders are loading up on the equity of Arista.
Go4: I agree. Arista quietly is going about its business of getting things done the right way. No pumping or screaming from tall buildings. Just slowly but surely getting the job done. First, prime contractor with the army. Then a few months later a legit (not fluff) deal with GE. Is anyone more connected with the Feds than GE? Wow. Who better to be in bed with than the army and GE??? The possibilities are endless.
I think great things are coming for longs!
Chas - I hope your right. Good news before theannual meeting is something a lot of companies shoot for to make the crowd happy. I hope to head north for the shareholder meeting in May. Anyone else going? I remember lots of the nay-sayers here saying there wouldn't be a shareholder meeting in 2010, then again in 2011, then again in 2012. But here we go again. Volume has picked up lately, so someone sees something. Let's hope the "big money" is coming next.
Some real action in this stock lately. Perhaps the new invester relations company is doing a good job? Let's hope so. Keep on rolling.
Hopefully there is some follow through with news.
Pretty decent volume this morning. Good to see.
Skeptic / Merle -
Why are my posts getting deleted? I'm not violating any TOU (that I know of, at least).
To the contrary, my posts aren't even controversial, unless you consider positive news controversial. I'll repeat what I basically said in my deleted posts:
People here are wondering what the army's opinion of the Arista products are. I think the army's actions speak louder than words. Their actions are entering a $922,000 contract with Arista, which is multiples higher than Arista's first contract around 2 years ago.
Interesting Topic (subsidies for renewables).
I'm totally in favor of a level playing field between all the energy providers. I guess that leaves two options. Dramatically increase the subsidies for renewables (from current levels) or dramatically decrease the subsidies for oil and ethonal. To make it seem like the renewables receive anything but a TINY, in comparison, subsidy is not knowing the facts.
There are thousands of links, but check these out that talks about oil and ethonal subsidies
Oil gets $21 billion per year and ethonal $60 billion per year by 2022:
http://reason.com/blog/2011/05/16/oil-industry-subsidies-21-bill
Another one ($4 billion per year now in oil subsidies):
http://www.nytimes.com/2011/02/01/science/earth/01subsidy.html
Compare that to renewables ($29 billion from 2002 - 2008, versus $72 billion for oil):
http://www.eli.org/Program_Areas/innovation_governance_energy.cfm
So, yeah, let's end ALL subsidies and level the playing field.
As far as natural gas goes, those prices are never going up. The US has tons of natural gas, and is finally starting to tap into it. Lots more of that to come.
Merle - I think you're right, but no way (that I know of) to know for sure. It could be very interesting here if some buying ever comes into this stock. That's a big if, I know.
Wakl - You raise a good point. The float might be more important than the shares outstanding. I looked at the 10Q and 10K and didn't see float listed anywhere. Not listed on Yahoo either.
Fossil - The directors are not "trading" shares. Not one has ever (I repeat, ever) sold a share. They only buy. What does that say??
Maybe the problem is that there aren't enough SELLERS in the stock, and that's why there is not a ton of volume. That being said, volume in the stock is decent.
All that is good stuff for the longs.
In my opinion, there are few things are positive as insiders buying shares in the open market. There are lots of reasons for insiders to sell shares (cashing out, diversification, estate planning, options expiring, etc.), but only one reason to buy shares (thinks the shares are going up). 10,000 shares is a solid amount. And this was after the recent run up. This is more good news
xy:
What do you mean by: But my bold prediction is that I believe we will be there again, right before the next ride up. Still a long way to $20, lots of money to be made.
Couldn't follow your logic.
Thanks.
Still waiting for xy's (negative) analysis on the army deal. Unlike xy, I give credit to some of the naysayers who gave a "kudos" to Arista on this one. There is a LONG way to go with this company, but the army deal is a great achievment.
renew:
I'm thrilled that you've "seen the light" and now have such huge confidence in Arista's management that you think that the stock will go to $4.50 (about a 30% increase from where its at now and about a 400% increase from a few weeks ago).
Lots of Facebook updates. Including a newsletter and lots of pictures. Lots of activity all over the place at Arista. Sounds like they are getting ready for the big time.
http://www.facebook.com/pages/Arista-Power-Inc/252262428125304?sk=wall#!/pages/Arista-Power-Inc/252262428125304?sk=wall
As is pretty clear to everyone, Renew, you're trying to poke holes in something that is nothing short of awesome for Arista.
As far as Arista's PRs, there have been very few inaccuracies in them. Have some hopes and dreams not happened (yet)? Yes. But have any statements been false? Nope.
The Army press release doesn't say that Arista "expects" or "hopes" to get the deal (in which case your doubting is understandable). It says they HAVE the deal. Live with it.
I agree that the more that we know about this great deal for Arista the better. But we already know a lot. Here is what we know already, taken directly from the press release:
1. Arista was awarded a $922,000 U.S. Army contract. Implying that they may not receive any funds is ridiculous. When you're awarded a $922,000 contract, you get paid $922,000 (unless you screw it up).
2. Arista will be the prime contractor to complete Phase One activities for the development of a new Intelligent Micro-Grid. Being the prime contractor instead of a subcontractor is huge. That means that THEY are the ones in charge of running the project, not Wyle. It's a huge deal.
3. The program has a Phase Two option for CERDEC to provide additional funding for continued development upon the successful completion of Phase One. So, if Arista does a good job on Phase One, there should be at least a good chance that Phase Two and its funding will go to Arista. Why wouldn't it? I'm far from an expert on government/military contracts, but that makes sense to me (not sure if logic applies to government spending!).
For a tiny company like Arista, ONE of these facts would be a huge deal. All three? Home run, imo.
As rocky as 2011 was for Arista, 2012 looks like its off to a great start.
Winded:
Arista's PR's have not been the pump variety that need lots of reading between the lines to figure out what they actually mean.
The Arista PR was pretty clear that the State/County funding was a long-term deal. In fact, it said it was over a 5-year period.
http://aristapower.com/2011/01/windtamer-corporation-announces-estimated-1-5-million-state-local-incentives-package-to-support-expansion-at-its-rochester-ny-facility/
I guy takes a 4 day weekend and misses all the fun and good news!! I agree with Del that being a prime contractor is a very big deal. They control the army contract, and negotiations on future phases of the contract. That exceeds my expectations of what I was hoping for. That's the good. The bad is that I was hoping for this a year or so ago. I guess I'd rather be a year or so early for a party than a year late. Ask people who bought Apple or Google a year late how they feel. More later. Unpacking and other catching up to do.
xy - You, a broker, should know better than posting 100% false statements. Be careful!
Renew -
Now I see why xy jumped out to say hello so quickly. Good to see buddies cooperating like that.
It's tough to defend Arista, as they have not yet delivered. Yet. But you are totally mischaracterizing Arista, as you very well know. They are not solar focused, and none of those companies that you posted earlier (some aren't even public companies and others are schools!) really compete with Arista. Their products are totally different, which is actually why Arista has real potential.
As has been said many times on this board and I suspect you know, the company is all about their mobile renewable power station and the power on demand.
But, go ahead, bash away and make irrlevant points! It's a free country and message board.
renew:
Welcome aboard.
Arista is no longer about the wind turbines. That's why they changed their name back in early 2011. The turbines are only a small part of their going forward plan. The company is all about their systems that have wind, solar, batteries and other high tech stuff all included together. The ones that they talk about the most are the Power On Demand and Mobile Renewable Power Station. Check out the investor presentation on the website (somewhere in teh Investor Relations section). That will let you know what they are working on.
Crude:
Do your own DD. Stock was never more than $3. I don't think it ever even closed about $2.
Keep bashing, though. Maybe someone will buy into what you have to say.
Crude:
When your posts contain easily provable inaccuracies, it's real tough to believe anything you say. The stock was never above $3, so your "friends" really got screwed!
Crude:
What you say has no basis in fact.
Arista's execs don't pull down huge salaries. They are nice, don't get me wrong, but not huge. I'm sure that you know that. The proxy spells it all out.
Also, if this stock goes to sub-penny as you "predict," the execs will lose virtually all of their money that they used to buy shares of the company. The amount invested by execs in the stock might even be more than they have received in salaries. So the theory that you seem to suggest that this company is around just to pay exec salaries doesn't hold water.
Looks like you're just trying to drive the price down with baseless "IMOs". What's your real motive. Hmmm?
Winded - Longevity options are on me! Great idea. I'm sure if we sign a petition we can get Arista to dole out some to us loyalists. How much is fair?
Winded:
All stock options get split just like the stock. Otherwise every company on earth would reverse split to screw the shareholders and take care of the insiders.
You got any of those nice options?
Haven't checked in for a while. This reverse split news looks like it's the start of good things. You don't reverse split a stock unless you are either in real trouble or you have good things coming. For management to repeat upbeat forecasts is a good sign, this time it was about AMEX or Nasdaq. My preference is Nasdaq. Didn't know Amex was even still around. But let's not get too far ahead of ourselves.
Bottom line is we still need some meat on the bone here with a more sizable contracts. But this is a good leading indicator. Now, how about that Army contract. Heck, at this point I'll even take a Navy contract.
I wouldn't want to be out of this stock now. Not right before takeoff! Worse, I wouldn't want to be a broker recommending people to get out. Massive egg on face time and explaining to do if it even comes close to coming together! All imo, of course.
Wakl - Are you holding ASPW to the same standard as PSPW? That company has announced nothing of substance other than fluff PRs. No real numbers at pspw that i can find, yet you and dozens of others pump that stock. Why the distinction?
I don't think that ASPW would present unless they had something positive to say. Looking forward to seeing the presentation that they post. That will give us a bit of the story.
Here's a different current article on the military going green that I just pulled from the ASPW facebook page. Good to see that they are keeping that fresh.
http://www.marketwatch.com/story/pentagon-is-investing-in-a-greener-military-2011-08-24?link=mw_home_kiosk