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First of all my congratulations to everybody who bought this stock for less than me. You are genius all!
I own over 250 stocks and MIPI was proudly added there yesterday thou at the higher price than on Thursday. I am preparing a blog about MIPI (link in profile, my blog is about my positions) but from what I see already, it looks like a complete turnaround story, so rare in biotech sector these days. OK, so I bought 20,000 shares at $1.44 should I be happy about that if close was $1.33. Yes, I am very happy because yearly high was $6.50 and $0.70 low looks like a history with current news so $1.44 must be a fairly fair price. I am entering this stock with very good feeling about it, more will be posted in a blog and here, later.
GOOG IS A BIGGEST BUBBLE TODAY, SIMILAR TO INTERNET BUBBLE 2000
And if you own (GOOG) stock then you are part of this bubble that later will be studied in business schools where smart looking Phd's will tell their students about it. The stupid thing of this stupidity is that not a single economics Phd. says it now, they all talk after the crash but never before or during. Because they are all stupid.
Yes, I know that you own GOOG and you make money, a lot of money. The problem is that in year 2000 the same types held E-Toys stock and if you would mention to sell it at $10,000,000,000 market cap, they would throw you out of the window. Today they are (investors) bankrupt, unemployed, broke and even dead.
But you are smarter, you will sell GOOG at $1000 and then be what be, right?
Wrong. You are going to lose not only your profits in GOOG but also your principal, at least a big part of it. You I mean any GOOG investor who are excited today and will cry later. Let's slice this bubble piece by piece:
Yesterday GOOG stock volume was $9B for a company with yearly sales of $26B
or in other words 30% of yearly sales traded in one day. It's average daily volume is $1.8B (based on current price of $600, not average 3 month price) and to see how scare is this number think about it, there are 252 trading days in 2010 and if we multiply $1.8B GOOG daily trading volume by 252 trading days, it equals $453,600,000,000 ($453B) of stock trading for $26B in sales company and this equals 17,4 times more trading than sales. But this is only yearly sales comparison, now let's see how it will look if we instead of crazy ratio of 17.4 Trading Volume/Sales, compare it to Trading Volume/Profits.
Wow, I don't want even to know it because it will be something out of proportions.
So we take $453B is yearly sales and divide it by GOOG yearly EBITDA which is about $10B, $453B/10 equals 45.3 times more in stock trading volume than earnings. All this ratios point to a bubble that is already exploding if you know how to look at it. Now another model, GOOG sells $26B a year, let's divide it by 365 days in a year, it equals $71.2M in daily GOOG revenue (I count full year even if GOOG products are not selling all year long, but because it's internet business then it's OK) but we know that it's daily average stock trading volume is $1.8B so we divide it by real product revenue, it gives us ratio of 25 times more stock trading volume than real revenue dollar volume on any given day.
From any perspective I look, GOOG is at the peak of an iceberg going to slide hard very, very soon. More modeling, now the balance sheet (even if above comparisons are a better indication and statement of big bubble explosion) data, Market Cap is $191B, Price/Sales ratio 6.5 or GOOG sells 6.5 times less than it's market cap. Why? There is no reason to pay so dear for a blue chip company that is a member of S&P 100, S&P 500, Nasdaq 100 to name a few biggest market indexes in the world. All it's balance sheet ratios show that GOOG is overvalued, it's valuations are like of an internet start up stock which GOOG is not.
It's total assets are only $40B so again GOOG is priced at 4.7 times assets and don't forget about it's liabilities of about $4.5B a year, so not all what's EBITDA is income. Also GOOG prints stock certificates like there is no tomorrow, shares outstanding increased from 160,000,000 in year 2002 to 319,000,000 today.
Every year GOOG adds on average from year 2002, 20,000,000 shares.
Resume: Google Inc. is a great company but it's stock is overvalued by all means of common sense and wisdom. I will not say how much is a fair price for GOOG stock but I am saying that $600 is a total top and the next prices will be much lower. It will go to $380, $240, $150 same as now it's outperforming, it will be underperforming as well. It will be cheap, undervalued but then nobody will be crazy about it, because GOOG investors are going to lose all their money. The only winners will be Google insiders and 21,805 employees, only not you - GOOG investor.
The full article with charts and disclosure, look in my blog in profile link.
I once posted a blog on SA about SCRH about a half year ago, it was then $0.05-$0.06, my holding is 100,000 shares at $0.06
What is the reason to buy Scores:
1. Sex sells, no competition, low density industry when it comes to public stocks, others are Private (PRVT), Playboy (PLA), Beate Uhse AG (USE.DE), AdultShop Ltd. Australia (ASC.AX), I hold all.
2. Scores is a blue chip name in night club entertainment, every bsinessmen in the world can capitalze on this name when opening new night club.
3. Royalty fee is low, no hit to bottomline but big boost at start
4. Other Scores clubs are still open by Scores
5. New club is being open
6. High insider ownership
7. Company is profitable even in recession
8. Strong revenues growth
9. Sex is even better business during recession as many men are unemployed so go out more
10. Sex will always sell
Even if SCRH valuation is not cheap (P/S ratio 23, $500,000 in sales for $13,000,000 market cap) but this is not SP500 or Dow stock, this is not an industry (mean no public stocks available) with many competitors that you can chose YHOO or GOOG, IBM or DELL, XOM or BP this is Scores and it's only 1 in the world, it's like Russell 2000 index in which the choice is not 2000 stocks but only 1 SCORES
Join my SA blog link in profile, I invest in such stocks you might like
My experience is much older, my father was born in 1929 (same is the last 4 digits of my account number so I learned from him, he was a great deal maker making millions from the 70's-90's in the FSU, his father (my grandfather) was a big banker...I would say mine is 200 years look at the market, centuries of trading experience.
If you like, follow my SA blog link in profile.
You are not a patriot of Moldova (I love Moldovan wines, Cricova and other great chateaus), considering EMDH is so cheap, 10,000 shares is only $800 or 100,000 for $8,000 if you are a patriot.
As Moldova grows so will be EMDH, they are for a long term in Moldovan entertainment and there is no such competition like in USA or Europe, EMDH is almost a tv monopoly that can be had for $0.08 and maybe less.
Join my SA blog, link is in the profile, I cover such micro caps.
I invest only in special situation micro caps like INMG, if you too like it then join my SA blog, link is in the profile.
I promise everybody that in 10Y everything will look different for INMG investors. Their growth accelerates from year to year and their recognition grows, Tyson alone sells $28,000,000,000 a year and they need INMG to certify some of their meats, all the meat industry needs INMG that's why their revenues will grow and grow and grow. Big plus is that they are independed company so industry trusts them, they are INMG not a competition to meat industry, they are solution to all. I don't need volume at all as I am not selling, all I need is they increase revenues then volume will come and at mentioned market cap I will sell.
Our advantage is being early, buying diamonds for a price of silver.
Long 10,000 shares at $4, don't worry.
This is only barter exchange that works, the lower SP500 will go, the more business ITEX will make as barter is better option than banking which will be not available to many small and medium businesses. ITEX in 5 years at $10+
Long 100,000 shares at $0.275 average, the most I love is that there is no volume. It grows like a private company, quite and strong without making any noise. It's P/S is expensive compared to industry (0.2-0.3 industry against 1.2 INMG) but it's cheap compared to what it does and who works with it. I expect sales can reach easily $20M in 10 years so at this valuations it's $20-30M market cap. Not bad considering by then DJIA will be about 75% off and INMG 500% up minimum. But realistically I think even more because once it will get bigger, take over is very likely so maybe $40-100M market cap is more likely after 10 years.
The problem is that 2008 is a history same as WAMUQ is, the future in unknown, the present is known: 1.7B shares outstanding, high volume, constant stories, lawsuits...so market makers live their life from bid/ask, they know WAMUQ is no more.
If there would be value in it, why some big fund would just not buy, buy, buy, buy to build the stake and take it over in the end?
good news came, "somobody" sold and after 1 year stock is down 50% while market is up nicely and world is more dangerous place...
Resume: It's worth more than $0.17, based on modest valuation for this industry, P/S ratio is below 1 (O:( AVERAGE9 but micro cap can have a premium because acquisition never can be ruled out and MKRS got this premium as it'S P/S ratio is 1.5
So to expect higher price you must see sales growth not by 144% but by 1000%. Will it happen? I doubt it because they have the same customers and can't sell in China or India or Iran or North Korea or Russia, they are in a regulated environment and always serve the same market, same size. (fairly said their sales increased from year 2005 from $1.5M but still you see how slow it is).
So how to make money in MKRS?
Wait for P/S ratio to get to 0.8 or 1 or wait for some big event like atomic bomb or Bin Laden launching a home made nuke in New York harbour then buy immediately at any price and sell for few hundred % profit or if you will live forever and want to wait 20-30 years to see MKRS sales to reach $10M and stock be worth $0.50-$1 then great.
i know everybody long is right and jpm is wrong, thats why i know investors will get their rights somewhere else, example paying the same irs taxes. the truth is for the poor, the rich steal all what gets into their bloody hands, wamuq is no exception, its a caviar egg in the sharks mouth
Great company, I own 100,000 shares at $0.34 and I am not worry for a moment. This is 10 years bet on Moldova, the only such media company available in emerging markets at $2M (double in sales at $4M, even valuing it at Price/Sales in media industry it's minimum $10M)
Not surprising I am not alone here.
You play with market makers (they play with 1.7B shares), there is no such entity anymore as WAMU, ask the FDIC or Fed they should know the situation.
The only traders who make money in WAMUQ everyday are market makers, and what do you think. There are 1.7B shares (worthless long term) outstanding and public buys into the American Dream. The lawsuit will take some time, maybe year or two before JPM will write every shareholder $0.01/share check.
But market makers created so much press (paid by mm) about this bankrupt company with loans that even the Fed will have problem paying, junk loans that only JPM could buy very cheap because it has a blank check from the Fed, if they lose few hundred billions $ the uncle bernie will just print more $$$$$$$$$$$$$$$$$$$$...investors in WAMUQ will only get what they deserve, nothing for their stupidity trusting market makers gamers.
I have seen hundreds of "development stage" companies in all the industries, the majority of them fail. So this is a normal question you must ask yourself before investing in Manas Petroleum: Be or not to be.
Some investors already decided, the good thing is that they are insiders who hold 40% stake in (MNAP.OB) and there are other 164 shareholders, the bad thing is (and a good thing to me) that while Crude Oil gets higher, stock goes lower those offering a better opportunity for investors like me. Here's the story:
Manas Petroleum Corporation is a development-stage company engaged in exploration and development of oil and gas resources. The Company focuses on exploring for oil and gas, primarily in Central Asia and the Balkans. The Company is involved in projects in the Kyrgyz Republic, Albania, Tajikistan, Mongolia and Chile. The Company has a wholly owned subsidiary, DWM Petroleum AG (DWM), Baar (DWM Petroleum), based in Baar, Switzerland. The Company is focused on the exploration of light oil prospects. On December 7, 2009, DWM Petroleum formed Manas Adriatic GmbH and thereafter DWM Petroleum transferred title to its Albanian project to Manas Adriatic. On February 24, 2010, the Company sold Manas Adriatic to WWI Resources.
There is only one reason why I hold MNAP, it's their deals with (and around) blue chip names like Australian $2.7B oil/gas company Santos International Holdings Pty Ltd. (STOSF.PK), Chile state owned ENAP (Empresia Nacional del Petroleo-Chile), Royal Dutch/Shell Plc. (RDS.A), Coparex International SA (now Lundin Petroleum AB) (LNDNY.PK), (BP), Apache (APA), Total SA (TOT), Pluspetrol Chile SA, Petromanas Energy Inc. and more.
The company is very good managed and buys only exploration&production licenses in this countries where oil/gas majors were or are active. I think there is a light in the end of the tunnel and there is oil/gas below the ground and Manas Petroleum Corp. will be there to get it all out. If I am right then everybody will make money, if I am wrong then you still can make money if you listen to me.
For low risk trade try this out: Sell $50,000 (or $5,000 or $500,000 you decide) in (USO) and buy $50,000 in (MNAP.OB). If Crude Oil price will decline sharply (everything can happen, even low $20's per barrel will not surprise me) then you will lose less in %, because (USO) is a ETF that is based on oil/gas derivatives and futures performance. The Crude Oil and Nat Gas (same all petroleum products) futures are in contango (forward price is higher than spot), so each time USO will have to buy energies futures contracts at higher prices those depressing it's price and performance, that's why this is a very good protection for both bull and bear market in energies. (MNAP.OB) doesn't have this complexity in it, it goes up/down depending on it's assets, production costs, political risk. That's why even rising oi/gas prices have a negative effect on the stock, it has to do more with it's operations in high risk areas than it's high potential in the ground. The last thing is you can trust their financials, auditor is Deloitte
I like to be in dangerous situations, if you like action at low price then it's your call.
Join my blog, link in profile.
I posted there nice chart on my blog, link in profile.
INFORMATION ANALYSIS INC. GOVERNMENT CONTRACTS AND FINANCIAL STABILITY
This is not a talked about company among stock pickers, there is no hype around it but it works great in creating value for the smarter few. How come? This is how:
Information Analysis Incorporated (IAI) is in the business of modernizing client information systems, developing and maintaining information technology systems, and performing consulting services to government and commercial organizations. IAI has performed software development and conversion projects for over 100 commercial and government customers including Computer Sciences Corporation, IBM, Computer Associates, MCI, Sprint, Citibank, United States Department of Homeland Security, United States Treasury Department, United States Department of Agriculture, United States Department of Energy, United States Army, United States Air Force, United States Department of Veterans Affairs, and the Federal Deposit Insurance Corporation. The Company primarily applies its technology, services and experience to legacy software migration and modernization for commercial companies and government agencies, and to developing Web-based solutions for agencies of the federal government.
The (IAIC.OB) was founded in 1979 when I was 2 years old and (IBM) was about $15 a share or $25,000,000,000 market cap, about 800% return till today, reinvested dividend return 1750%
Many things have changed since then in IT industry and many will change, that's why IAI is a right choice at the right time. Competition is fierce in Business Software & Services sector, there will be many losers and winners just like in any other market theme but if you have to decide where to invests few pennies in IBM or IAIC, go for less to get more. As you see from the title this is about stability.
Once this stock was worth $300,000,000 today $2,000,000 for the same balance sheet, same amount of shares outstanding, same revenues. Well, it was overvalued back then and somebody lost $298,000,000, on the other hand somebody who buys now will make few millions $ or more. It all depends.
WTFact
Market Cap $2M
Shares Outstanding 11,200,000 (increased by only 1,500,000 shares in 10 years)
P/E 5
Price/Sales 0.26 (yes, they sell 4 times more than current market cap)
Return on Assets and Equity are positive, 9% and 24% (very good managed from any perspective)
Revenue $7.6M
Quarterly Revenue Growth 20%
Profit $2M
EBITDA $422K
EPS $0.04
Quarterly Earnings Growth 1200%
Cash $1.9M (market cap equals cash for info tech stock)
LT Debt $0
Insiders Own up to 20% plus there are other 116 shareholders
Total Assets $3.1M
Total Liabilities $1.4M
Resume: Numbers talk, you walk.
Sleeping for 10 years
http://www.infoa.com/Government_Clients.php
Dow at 11,000 and WAMUQ is not at $0.70 which gives = the common stock is worth what JP Morgan said they will pay, I think it is $0.01.
It's amazing how greed knows no fear, I know that many investors are victims before 2008, new also paid over $0.20, much over, maybe only 0.0001% of investors paid low penny and they are the only ones who are lucky. But this is their luck, it's not a strategy or that they know a WAMU secret, so in the end when all will be settled, WAMUQ investors will get at best $0.01 per share.
Think if 11,000 Dow makes no difference, if Dow as I expect will go 50% down in a short time, how much WAMUQ stock will be worth then? I am not advising anything, its nice to see the greed in action.
$15NOV call volume and open interest is increasing dramatically every day, the war of the Vixes started, if it breaks 15 then $21 is like nothing.
http://finance.yahoo.com/q/op?s=VXX&m=2010-11
Look in my profile blog link, I updated there one chart that tells what contango means to VXX investors. It's not like the dead cat bounce it's much worse.
Something is going to happen very soon, right now DJIA is at 11,000 but look at VXX calls open interest for Nov.
Previous open interest (yesterday) was 405 contracts on call $15 while today (as of now) 5,799 contracts traded, increase of 1500%.
Call $16 got a lot of activity too, 2060 contracts traded, open interest yesterday was 2,149 or 100% increase. But call $15 is really interesting, I think the heavy naked (unhedged) buying is taking place by smart speculators, that's why out of the money calls like $21 are even more interesting. If $15 is a good buy (I think so) then $21 is good too. There will be a lot of action before November 19 till expiration. I am ready.
Something is going to happen very soon, right now DJIA is at 11,000 but look at VXX calls open interest for Nov.
Previous open interest (yesterday) was 405 contracts on call $15 while today (as of now) 5,799 contracts traded, increase of 1500%.
http://finance.yahoo.com/q?s=VXX101120C00015000
Call $16 got a lot of activity too, 2060 contracts traded, open interest yesterday was 2,149 or 100% increase. But call $15 is really interesting, I think the heavy naked (unhedged) buying is taking place by smart speculators, that's why out of the money calls like $21 are even more interesting. If $15 is a good buy (I think so) then $21 is good too. There will be a lot of action before November 19 till expiration. I am ready.
My broker is in Luxembourg, the leverage in futures in 1:10 but I use only 1:4 beacause I never had a margin call and never will. When market is on the top 400% leverage is acceptable but if you want to short YM at 1600 (this is where I see Dow in the next decade) then it's too much. But for stock trader SDS is OK too.
The current margin to sell 1 mini Dow is about $6500 for a value of 11,000 X $5 (one point) = $55,000 but I am allocating $15,000-20,000 on the same trade to relax and wait for a big fuck crash when Goldmans will jump to a suicide from their corrupted office buildings. The world system in finance already changed and the current cover up and money printing once will stop, it will be game over for wall streets of the world, I expect all financial assets to fall by at least 80% in the next decade. You can buy then IBM for $5 and Dow at 1600
All U.S brokers are doomed to go bust, before I used Penson GHCO, RCG LLC, Etrade, Man but in 2007 I took all money out of U.S, I pay now 50 times more in commissions but I sleep like a teddy bear, the trust and safety today is worth more than money.
If you want to trade futures in U.S with U.S broker then you have a problem, most of them will go bust.
I am selling options on Nat Gas, Crude Oil but this is delta hedging long/short futures positions. I think you a wrong that long options is only for suckers, if timing is good it's possible to beat the tape because they too act in crowds and their trades become overcrowded too at some point, beast eat beast environment, then futures crack and long options provide a great returns. The other problem is the FED and ECB, they are corrupted by bankers so when falls are too big to make money and they start bleeding billions $, central banks loan them few trillion $ to make more risky trades to recover losses. That's why I think SDS for retail trader is the right side now, same is the Nov. Dec. puts near the money on market index like ES futures or SPY.
VXX at this time can be interesting too, because it's so shorted and market is so high that something big can happen and VXX has no choice but bloom for a short rally, but over long term it's a scam, once VIX will decline, VXX will wipe out all the longs and all the calls premium. Again, timing is very good now for volatility and VXX is damn cheap. My big trade is short YM (mini Dow futures) from 11,000 and here my leverage is 400%. Look in my blog link, I posted some VXX and market alert blogs.
SEC is either fucking dumb or bribed by ETN and ETF providers, the leverage and strategy they promise has nothing to do in a real money performance. How can this be allowed in the names of ETF's have nothing to do with the assets they promise to track and offer leverage. This is a legal stealing of investor's money, regulated and protected by CFTC and SEC. Weird, isn't it?
VXZ has better correlation to VIX than VXX. Look chart proves it.
http://paulandshark.angelfire.com/yachting/index.album/vxz?i=1
Once I wrote a blog about VXX and it's correlation to VIX futures and VIX index, there was none. Here is the chart to stamp it, it's pity for VXX buyers that they expect the one thing and get the "cat in the bag" and lose money in the end. There is no way to make money buying VXX because it's not correlated to VIX futures or VIX index, it's derivative instrument that can make you money only on a short term basis but as a long term investment it's a real waste of money.
My final advise to help you make money in a falling market:
SDS, DXD, QID only X2 leveraged ETF's are real thing, all X3 leveraged ETF's are outright theft of your money.
http://paulandshark.angelfire.com/yachting/
On this chart you can see how VIX expansion has very little correlation to VXX but SDS on other side is somehow correlated.
Resume: SDS is a better volatility play than VXX.
Agree 100%, all what's money is scam, the purpose of money is cheating, stealing, fraud and WS is a best example how investors pay for the lifestyle of ceo's, their wives, children, grandchildren and will pay forever, why? Because some people are smarter than the others, look in my signature I miss Lenin, he would hang all the little WS gods by the balls and transfer all this trillions $ to farmers and small producers, people who work, not the WS gangsters. I would execute all WS banksters in every major financial city, in public I would hang them but before I would show them around the world in a cage with other animals
Everything is correlated in the market, look at lumber chart vs SP500, DJIA chart vs Milk futures...that's why I love special sit. stocks, because their only correlation is the market but that correlation once breaks, it breaks for good.
Look at any otcbb or pinksheets security, I promise you that you'll find out that during bull market they go up more and in bear go dowm more, sometimes to $0 but once you find uncorrelated stock (when it becomes non correlated because of special events driving it) you found the gold mine, for MSFT or INTC even 5% a year is great, 20% is in a bull market, for CLYW to go the way of (VHC) is easier because of exactly the same correlation which is unknown, nobody knows the real potential of it otherwise it would not be worth 25M$ but 250M$ or 10B$? Somebody is wrong about it that's why I don't care and not selling before something good and big will happen maybe in 10 years?
Yes, I post on SA for few months and had 140 followers, deleted previous profile cuz too much garbage was following me, asking too many questions. Some thought I am penny stocks pro-motor even if all my trades had description and I always said: DJIA at 11,000 is a peak for the next 30-40 years, my major position with 400% leverage is short Dow futures, I reinvest profits in special situation stocks like CLYW cost free, but then market went down to 10,000 and of course most of my stocks went down as well, but folks thought this is kind of advise to buy my stocks when I always described: I am hedging long equities with short index futures and this is geared net short strategy, but it seems people don't know what pure hedging is, they think only long is a way to make money when in fact this is a way to destruction.
Simple example how to hedge CLYW and make money possible both ways in the uncorrelated strategy:
Buy 50,000$ (SDS) at $28.50
Buy 50,000$ (CLYW.PK) at 0.10$ (or $1 it's the same thing)
In case CLYW goes to $0 and market in few years goes down 50%, SDS pays double, total return = even.
Not bad for a 50,000$ loss on a stock trade.
All I know there is a market for their technology and how big it is I don't know, we must ask the T-Mobile USA they know for sure, otherwise they would never fall so low as to stealing other peoples ideas. I am prepared and will wait as long as it takes, whenever some penny stock company has something really interesting the first thing big boys think is how to steal it but greed has it's limits and patents are patents no matter who they are, once it hits back it's a boomerang to the head. Calypso spended $$$ (look in my blog link for the numbers) on all the research, fees, engineers worked day and night...then somebody with Rambo size comes and takes it for free, so this is a biggest mistake T-Mobile USA made, I know for sure that resolution of this lawsuit will open the doors for Calypso and it's very good T-Mobile USA uses their technology, it only proves what had to be proven: It works! Oh my God, it works!
Selling makes no sense before we will get the "after lawsuit" bigger picture, they will start to sell then and expand their technology and only then the full potential can be seen. If their technology is so great then there is no "high price" for the stock. For me this is a long term investment, I want to participate in it full time not just make few hundred %%% and say good bye. For this reason look at this chart, VirnetX Holding Corp. is a very same Calypso, they too have patents that they give for a royalty and up front payments to tech giants and they too were the same damn penny stock just few years ago, today we can speak about $900M market cap and blue chip clients on the list. That's why don't rush to get few nuggets from Calypso, because their technology is a Klondike crazy if you digg for more and stay longer in the dirt.
http://finance.yahoo.com/q/bc?s=VHC+Basic+Chart&t=my
Their patents are also being infringed and they have to fight the same like Calypso, only it's easier to fight when you already won the major war before. http://virnetx.com/?p=629
P.S. I have sold it at $13, held from the bottom and now I am a little sorry, don't make my mistake.
Thanks, I had 140 followers on SeekingAlpha but now deleted it and started new blog, people were jelous seeing my pics like buying a gold Rolex Daytona, Mercedes (I got 4 good cars), and once I posted there my monthly credit card bill with 30,000EUR spending on luxuries, holding tens of thousands of euros in my hand while buying clothes for my girlfriend and getting VIP treatment in the upper shopping floors with top brands, I love spending money, 50,000 euros a month is a normal monthly bill.
I got all the toys that show my status , on SA I posted blogs for about 200 stocks from my portfolio, right now I hold over 240 stocks in a long/short equity strategy. My biggest position is short Dow futures from 11,000 which I roll over, leverage is 400% that's why my equity holdings don't have any significant impact on my account, once I buy a stock I never sell it. My horizon is 20 years, once profits will start coming from 11,000 Dow short I will reinvest it into equities again. Once I buy some stock I never buy it again, I buy another stock instead. Here I will post only my new positions.
AVNA stock doesn't look bad, they have sold all their other ventures to focus solely on Owlstone and to repay debt, they havn't filed any financial reports since December 2009 but now they are in a better position than before because they have sold assets to repay debt. Also I see that they have new office and more business. The only worry is when they will start to issue new shares, already from 2005 they issued 38,000,000 shares but all other metrics are very, very bullish. Owlstone R&D costed about $29,000,000 but in return we hold now shares of a company with superior quality products that are ready to market.
Government orders will keep coming so is private sector, even their jumbo competitors buy from them. They integrated all their assets into Owlstone a crown jewel and I believe in their future, this stock will impress when market will depress, they have no correlation to any stock index and in a bear market coming soon their business will improve. That's why I would advise buying AVNA slowly from $0.04 to accumulate shares at current prices which as well might go lower in case they issue new shares, total authorized shares are 200,000,000 and they will have to use it to raise money to continue their growth, this can press the stock down and anybody who likes AVNA can accumulate at lower prices.
If I had to guess the market cap in 10 years, I think $10,000,000 minimum and more, it all depends how much market they will get, how much they will start selling. Look at their current customers, it alone can be worth $10M in few years but if they sell more then stock can be worth even $50M in 10 years, it offers safety in a bear market, this is long term bet, it makes no sense to me to trade it at this valuation, from many stocks on this website AVNA is a platinum. $3M is very cheap no matter how bearish you are, besides what is better to buy: $3M or at $30M, I think it's better to buy for $3M, but as I said instead of hurry, accumulate slowly in case they issue new equity which can happen, then you can buy more for less $.
I posted this on my blog for new potential investors who can have it for 60% less than me, I hope they will love it
Advance Nanotech, Inc., through its 35% equity interest in Owlstone Nanotech Inc., engages in the commercialization of chemical sensor products based on its proprietary gas sensing technology in the United States. The company markets Lonestar, a chemical sensing product. Lonestar is a functional unit for certain applications in industrial markets, as well as a test platform for partners providing an integrated and deployable chemical detection system. It also offers OVG-4, a system for generating trace concentration levels of chemicals and calibration gas standards for the purpose of testing and calibrating sensor systems in laboratory and field deployment; ADS, an ion mobility device that can identify both type and concentration of target gases; and FAIMS mass spectrometer interface, which provides the opportunity for users to integrate Owlstone's core microchip sensor with existing mass spectrometers. During the year ended December 31, 2009, the Company dissolved inactive subsidiaries, which included Advance Nanotech Limited, Nanofed Limited, Cambridge Nanotechnology Limited, Bio-Nano Sensium Limited, Nano Solutions Limited, Advance Display Technologies plc, Advance Homeland Security plc and Advance Nanotech (Singapore) Pte Ltd. The company was founded in 2004 and is headquartered in Montebello, New York.
You have just read the information that exploded your brain but it's only the beginning. Once you see their technology, patents, products, customers I promise you will buy the stock sooner or later, it doesn't depend on me anymore. You will be obsessed with (AVNA.OB), you will be drunk, dreaming because you have a chance to understand that this is the case where dream is a new reality.
You are not alone, there are over 2,550 shareholders in AVNA and considering this is $3,000,000 market cap stock it's amazing!
For example (IBM) have got 584,000 shareholders but their market cap is $170,000,000,000 or they are 56,666 times bigger than AVNA.
In this comparison Advance Nanotech Inc. would have 145,000,000 shareholders or to blow up your imagination further it's the population of Russia.
This is how popular is AVNA in investors world, again, compared to it's size.
Now let's see the Owlstone phenomenon:
The Owlstone detector is a revolutionary dime-sized device that can be programmed to detect a wide range of chemical agents that may be present in extremely small quantities. Using leading-edge micro- and nano- fabrication techniques, Owlstone has created a complete chemical detection system that is one hundred times smaller and one thousand times cheaper than existing technology's. There are numerous applications - across industries from security and defense to automotive and healthcare - that depend on the rapid, accurate detection and measurement of chemical compounds.
Owlstone works with market leaders within these applications to integrate its detector into next generation chemical sensing products and solutions. Owlstone's technology offers a unique combination of benefits, including: small size, low manufacturing costs, minimal power consumption, reduced false-positives, and a customizable platform.
At the heart of this platform is a ground-breaking solid state sensor whose operational parameters can be fine-tuned to detect a wide range of airborne or dissolved chemical agents in extremely small quantities. Originally developed by the company's founders at the University of Cambridge, these pioneering technologies have already won Owlstone widespread commercial and academic recognition. Owlstone has now moved into its new 10,000 sq/feet facility on the Cambridge Science Park.
Customers & Partners:
Agilent Technologies, Genzyme, BAE Systems, Shell Global Solutions, Crowcon Ltd (gas detection instruments http://www.crowcon.com/ ), Pacific Northwest National Laboratory, The University of Nottingham, Loughborough University, U.S. Army Edgewood Chemical Biological Center, U.S. Department of Defense, SELEX Galileo (Finmeccanica company http://www.selexgalileo.com/SelexGalileo/EN/Corporate/About_Us/index.sdo ), U.S. Air Force, Kidde (UTC Fire & Security brand a United Technologies company http://www.utcfireandsecurity.com/utcfs/Templates/Pages/Template-85/1,11711,pageId=17146&siteId=70,00.html ), Defense Science & Technology Laboratory (Ministry of Defense U.K. agency), National Science Foundation, Inscentinel Ltd.( biotechnology company specialising in harnessing the olfactory ability of insects for trace vapour detection http://www.inscentinel.com/index.html ), IEE S.A. (never heard of this Luxembourg sensing technology company with 1,400 employees? I did http://www.iee.lu/about-us ), Alphasense Ltd. (gas sensor technology http://www.alphasense.com/ ).
Resume: You will make it yourself, I am already obsessed with (AVNA.OB) stock.
Link: http://www.owlstonenanotech.com/site.php
http://www.security-messe.de/index.php?lang=en&content=000000000
Well, there is a hundred of such biotechs with no revenues just the future potential and (CXM) is not an exception. Or is it?
It depends whom you ask but if you read this so it must be you want to know why I hold 100,000 shares. First of all it's still cheap, second their clinical trials are in the last stages of development, there is no better time to buy than before the final announcement and commercialization of their products. And third reason I will know in the beginning of October when my banker will be back from a conference in Zurich where Cardium Therapeutics will present their potential of some clinical trials now being held in Russia. We are talking about the Phase 2B and Phase 3 clinical trials so when it will be completed, it will be too late to the party.
Also it's worth to mention that one of their portfolio companies InnerCool Therapies Inc. was sold to Royal Philips Electronics N.V. (PHG) 1 year ago for $11,000,000
If (PHG) thinks (CXM) is a good buy so do I, and what do you think?
Cardium Therapeutics, Inc. focuses on the acquisition and development of biomedical product opportunities and businesses that have the potential to address unmet medical needs, and definable pathways to partnering, commercialization, and other monetizations. Its investment portfolio includes the Tissue Repair Company and Cardium Biologics, which are medical technology companies primarily focused on the development of therapeutic products for wound healing, bone repair, and cardiovascular indications. Its product candidates include Generx, a DNA-based angiogenic growth factor therapeutic that is in phase 3 clinical trail for the treatment of patients with advanced coronary artery disease; Excellarate, a tissue repair's product candidate that is in Phase 2b clinical trial for the treatment of non-healing, neuropathic diabetic foot ulcers; and Excellagen, which is completed Phase 2b clinical trial for the treatment of chronically non-healing diabetic foot ulcers. The company was founded in 2003 and is headquartered in San Diego, California.
Links:
1. What exactly Philips bought for $11M and what it says about InnerCool Therapies and what in turn it says about (CXM)
http://www.newscenter.philips.com/main/standard/about/news/press/20090715_about_innercool.wpd
2. Bio Conference Zurich, 29-30 September, 2010
http://www.sachsforum.com/
http://www.cardiumthx.com/
The lawsuit is concerning Hotspot@Home Network technology offered by T-Mobile USA Inc. and this is not a small thing. T-Mobile USA sales are $21,500,000,000 a year and they have 33,800,000 customers in U.S (152,000,000 worldwide) so no matter how you look at it, this is a very big lawsuit.
In case (CLYW.PK) will win, the payout will be huge. Their quarterly revenue per customer is $46 and from this $10 is data revenue (this is where Hotspot@Home fits). If we look only at data revenue it's $1,000,000,000 per quarter and must be $4,000,000,000 a year. Because Hotspot@Home technology is working on Calypso Wireless patented technology and T-Mobile USA in my opinion infringed this patent, they will have to pay something. How much it will be and if at all I don't know, that's why I have bought the stock in anticipation of such payout on still very low valuation compared to it's potential in future sales and royalties.
I took Calypso Wireless side because I believe them, nobody these days files lawsuits based on suspicions, this is corporate world and no kidding. Calypso Wireless must have checked such technology that T-Mobile USA is offering and what they found was not funny, it was their ASNAP technology inside, stolen by big guys who are now in deep shhit troubles and are going to pay, pay and pay and say we are so fucking sorry. I know how such things are made, company X (under other corporate identity with people not related directly to X) buys equipment from company Z and then engineers check it piece by piece to see all the components and how stuff works, after they unlock this technology, they make just the same equipment using a bit different components and hoopla, it's ready to use. But in this case it didn't work out as well as during 1940's in Nazi Germany, when all major industries made a huge breakthrough and trillions of DM and now Euros that are coming to the same corporations till now, because the foundation was built already in the 1940's. I live in W. Germany and know how pharma, chemical, engineering, metallurgical, banking industries developed from almost nothing and how during WWII Germany stole millions of such patents that gave a way to modern industrial development.
All major German corporations in DAX 30 Index are not start ups, some are 150-250 years old so during WWII they got something, that made them today who they are. They were best positioned then to get the most advanced technology and that's why today German companies are world leaders in almost every industry. Germany lost the war in 1945 but from 1939 for 6 years German conglomerates were taking everything for free so there was no competition. Look what happened from 1945 till let's say 1960's, in 15 years German industrial growth went from nothing (all the money went to pay for war) to the growth that not a single Silicon Valley start up will ever see, so how could it happen? From where German industries got the knowhow that brought it where it is now? Partly from stealing other nations patents, industrial secrets, money, free labor and brains who had to work for free or otherwise die immediately... so even if people then had nothing and were broke, German industry was ready for new era.
This is how I see this case, T-Mobile USA tried industrial espionage but now failed, Calypso Wireless then was only in the beginning stage of product launch so this was worth a risk for T-Mobile USA, they thought that Calypso Wireless will not be able to sell their products and will eventually go bust and sell patents for nothing on a hammer sale under Chapter 11 or Chapter 7, but they were wrong. All Calypso Wireless technology has no competition till today, because they were first company to make what they did and what is known as ASNAP (Automatic Switching of Network Access Point), there is no other way to do it (otherwise T-Mobile USA would do it, they have 250,000 employees at their parent company Deutsche Telekom AG and most of them are engineers, so what the fuck is their problem ? so they stole it, remade it, hided it, changed it but it didn't help. They are till the nose in shit now, because only Calypso Wireless has it and it's not for free to use it, it cost money and for T-Mobile USA it will cost a ton of money and embarrassment. There is no way out of this hole, there is only one way which is to pay the material damages and pay the royalties later or develop something that will not infringe Calypso Wireless ASNAP and other patents, (CLYW.PK) is not for sale just yet. First they must finish this lawsuit and start selling (they will start selling big once the telco industry will see in this case who is who in telco town and how much it cost to steal patents), this case will give a signal to other wireless carriers and place the ASNAP where it belongs, on the top. Right now you can buy my story for $30,000,000 while supplies last, I can't promise you'll retire after selling it for $300,000,000 or $1,000,000,000 all I promise you that all my past (deleted previous SA profile with 140 followers because too much junk followed me and I am very picky about the people, I chose my followers even if they think they chose me , present and future articles are real trades in which I believe and you can take it too or leave it. I am not selling any $10 newsletters, market secrets, pivot points, charts, books I am here for fun purposes only. I have enough money and already retired completely after 2008 market fuck, I live in rich men's world 20km from Frankfurt, have few Mercedes, BMW, 4 story house, all toys like Rolex, art, paintings, sculptures...
I want on this blog VIP kind of people who are VIP to me and I will take care of them if they want, I am not looking for 100,000 followers to sell them a stock book or a T-shirt, my fun turning point is to make this blog a hideout from the bullshit of fantasy stories written by disabled, broken, Down syndromes who will never have 1% of what I have and it's not only money, it's life I live and feel around wherever I go. If the garbage will stick here again, I will close this blog just the same. Welcome on board.
P.S. Above is reply posted on my other blog.
(JVDTQ.PK) java detour® an upscale boutique brand for a global audience, changing how the world enjoys coffee! We are much more than coffee, we are an experience.
proven concept
java detour® stores sell the world's finest gourmet coffees, fruit smoothies and selected baked goods from retail facilities that specialize in speed and convenience.
company objective
the company's objective is to establish the java detour® concept and brand as one of the most recognized and successful gourmet beverage retailers in the world.
company mission
to create customers for life by providing superior quality, convenience, and customer service to every person, every day.
Everything what's written above is true, the only problem is that as of September 9, 2010 Java Detour Inc. is bankrupt. They own 11 stores in California and other 9 are franchised outlets in Minnesota, Nevada and Wisconsin.
So how come they went bust and what it means for other retail coffee shops in U.S. both very big and small? It means that the way how Americans will drink coffee is really changing forever.
I never visited Java Detour boutique coffee shop so I can't judge about their espresso taste, but I have visited once Starbucks (I know to most it sounds weird, this "once") at Frankfurt Airport and must tell you, the cappuccino (or how else they call their junk) there tasted like sweetened piss (I never tried piss), it was made from the worst Robusta (maybe few % Arabica was there) beans available on the market, from the worst milk powder and the worst genetically modified sugar there is. If this is what America loves about Starbucks, then to me it means America loves sweetened piss with milk and calls it c o f f e e.
I know few things about the taste of coffee because I never buy junk, I either go to Italian family owned cafe in the city or drink my Illy espresso in the morning that comes out from the best in the world Made in Germany coffee machine ECM.
Also sometimes I may buy Bio cold coffee on the go like Lupo Biondo so you can trust me, I know what is a real coffee and what is not.
About a month ago Starbucks cold coffee appeared on the shelves in German stores and I bought once (I knew my chance to get a good taste coffee was 1:100) and now I promise it was a last time I touched something Starbucks.
They produce it in Denmark (Arla Foods' subsidiary Cocio Chokolademaelk A/S) for a West European market but I think Europeans will vote "NO" to (SBUX) because we know the difference between good and very bad coffee.
Now back to (JVDTQ.PK) Chapter 11 bankruptcy, it had to happen. Their quarterly revenue growth is down 25% and with sales at $7.3M they lost $4M. But the biggest hit was a rising KC (coffee futures) price, only in the last 2 years the price of Arabica beans went up by 100% and it's in free rise, there is no resistance at the moment and everything points to $2.30+ per libra and higher.
Robusta coffee beans price is almost the same as in 2008 but the problem is that without Arabica there is no coffee to make, so you can expect worsening of your cappuccino taste even further and in the end what will be left to consumer is a "coffee" label on the cup while inside will be ....most retail coffee shops will use more and more junk to make your coffee taste like something, because 100% rise in Arabica prices places them on a death watch, their cost of revenues is breaking all the profitability benchmarks and they will start to bleed money in the next quarter and year, there is no way to make money at the current Arabica price.
They will close shops, fire workers, cut prices it will be a hurricane and nobody will win in the end, because for a normal human coffee is not about packaging - it's about taste and taste will get much, much worse. That's why buy a good coffee machine and drink your coffee at home.
Java Detour Inc. lists about $6.4M in assets and about $6M in liabilities but they have trouble paying their $1.5M in debt, also their assets declined from $11M in 2006 together with a rising coffee price I think it's all over for them. Go make some pics inside their shops (and tell me how is the coffee) because in the future it will be a history and you will say you was there drinking coffee.
Java Detour, Inc. (Java Detour), formerly known as Media USA.com, Inc., operates through its wholly owned subsidiary, JDCO, Inc (JDCO). The Company sells gourmet coffees, whole leaf teas, cold blended beverages, fresh fruit smoothies and select baked goods from Company-owned and franchised retail stores. As of December 31, 2008, its portfolio of stores included 11 Company-owned and nine franchised retail outlets. As of December 31, 2008, the Company-owned and operated 9 corporate stores. On September 9, 2010, Java Detour and its wholly owned subsidiary, JDCO Inc., filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code with the United States Bankruptcy Court in San Francisco, California.
Millions of people love drugs (heroin, cocaine, marijuana, opium, ecstasy, lsd, hashish) and are on drugs. Everybody thinks junkies but I know such junkies who work at offshore banks, brokers, billionaires, millionaires, surgeons, professors, scientists...they look just like everybody but they have a second life.
They are everywhere in finance, even your broker or a banker can be a junkie and they are all sick to me, I try to avoid them in my business because I don't trust any addicts. Addiction is a very dangerous thing and comes in 4 forms:
Drugs
Gambling
Women/Men
Alcoholism
If you don't know about it and how dangerous it can be then you are not ready for nothing, life is full of danger, market is run by criminals, all is manipulation of public opinion, all is lies.
Now back to (GWPRF.PK) and how they use cannabis to help people and save lives. Morphine is used for hundreds of years as a painkiller and GW Pharma now do the same with cannabinoid prescription drug Sativex that is used for treatment of cancer pain, here is their business profile:
GW Pharmaceuticals plc is a United Kingdom-based company. The Company is engaged in the business of research, development and commercialisation of a range of cannabinoid prescription medicines including Sativex Oromuscosal spray. Sativex treats a range of serious medical conditions. Sativex is marketed in Canada for the treatment of cancer pain and multiple sclerosis (MS) neuropathic pain. The Company’s subsidiaries include GW Pharma Limited, G-Pharm Limited, Guernsey Pharmaceuticals Limited and GWP Trustee Company Limited.
They are best positioned company to develop such "drugs from drugs" considering they are the only company in this field, big pharma will turn to them if any such big cap company will want to enter this field, they will do it together with GW or more likely buy GW for a big premium. Such growth doesn't come for free, for example GW Pharma sales grew from 3M GBP in 2005 and in 2009 reached 24M GBP or by 800% in 4 years.
WTFact
Market Cap 128M GBP
Shares Outstanding 130M (very conservative company that issued only 35M shares in the last decade)
EPS 0.012 GBP
P/E 73
EBIT 1M GBP (first time positive earnings in decade, before earnings were negative 95M GBP from year 2000)
Current Assets 29M GBP
Current Liabilities 23M GBP
LT Debt (no debt)
Major Shareholders insiders own 17%, Prudential Plc 13% (M&G Investment Management Ltd.), Great Point Partners Llc 6%, Dr. B. Whittle 8% the rest is owned by private investors such as me.
GW Pharma is a stock on drugs, instead of using drugs to get high I chose (GWP), ticker on AIM. For offshore or U.S. investors (GWPRF.PK) is the drug's code.
So how much is it worth? May I offer $300,000,000 as a minimum market cap, 5 years horizon.
You have to take sides not only in the stock market but also in life. I took mine in this case it's (CLYW.PK) a wireless technology company that some say is in default, the others just give a fuck and buy on rumors now to sell on the news later. Read more to know more:
History
Calypso Wireless, Inc. was incorporated in 1998.
Calypso stunned the telecommunication industry when it introduced the world's first mobile video phone, the C1250i that works seamlessly on both traditional cellular/digital frequencies and the exciting new Wi-Fi frequency. Using broadband, it offers a super fast Internet connection that allows users to video conference with movie-like quality, to send and receive video clips with audio, movies-on-demand, and many other high speed services. Calypso Wireless went public in October 2002, its common stock trades under the ticker symbol CLYW.
However, currently under new management, Calypso Wireless has now shifted its business model and focus to licensing Calypso's world-class, patented technologies.
Patents
Calypso Wireless developed the solution that allows any mobile device to seamlessly roam between cellular networks and wireless local area networks (WLANs). On January 20, 2004 Calypso received U.S. Patent No. U.S. 6,680,923 B1 titled: “Communication System and Method”. This solution is known by the trademarked acronym, ASNAP™, which stands for: Automatic Switching of Network Access Points. Calypso has successfully demonstrated the seamless flow of data while switching between a wireless connection from a cellular GSM/GPRS tower to a local Wi-Fi access point and back to GSM/GPRS again. The company is pursuing mobile carrier customers to realize the intrinsic value of this technology.
Several mobile carriers have recognized the potential of Calypso’s ASNAP™ technology and have signed field trial agreements to install and test the system and to test the ASNAP™ powered mobile devices as well. Successful field trials should lead to definitive purchase, and or license agreements.
Calypso has remained and will remain focused on the development of its technology and related products, to the deployment of its technology and to direct negotiations with mobile carriers concerning its products. With the Wi-Fi industry being one of the most explosive industries in the world, there is considerable interest from the major mobile carriers and OEMs (Original Equipment Manufacturers) in Calypso’s ASNAP™ technology. Calypso is moving toward procuring licensing agreements with major OEM’s that are interested in developing products that include or facilitate the company’s technology.
$ Milking Strategy
The primary objective is to convey to mobile carriers, ISPs, and WISPs, the economic benefits of deploying Calypso’s ASNAP™ in their network’s backbone. An analysis of our current status reveals that we face little competition in our target market. Our patented technology is defined as the only high-speed wireless broadband technology that seamlessly switches mobile end-users from cellular to Wi-Fi WLANs, thus offering voice, more robust data, real-time video conferencing and many value added services. This plan focuses on the implementation of marketing strategies designed to maximize Calypso’s ASNAP™ technology performance in the market place. Our primary strategy is to show mobile carriers, ISPs and WISP?s how to increase their profits without incurring new upgrade costs to their existing infrastructure, to provide more efficient allocation of resources due to the freeing up of more wide area cellular spectrum space for data and voice. This is based on their ability to provide unlicensed last-mile broadband service. We will pursue this strategy by marketing the ability of Calypso’s ASNAP™ technology to accelerate the potential for un-licensed spectrum last-mile broadband solutions, to link contiguous hot-spots to form hot-zones, and contiguous hot-zones into hot-pathways that offer switching capabilities to cellular networks.
News (must read all to see in details the big picture and smell the potential)
Calypso Wireless Inc. Announces Patent Issuance In Spain and Slovenia For Its ASNAP Technology
Friday, 21 Nov 2008 03:30am EST
Calypso Wireless Inc. announced that it has been granted its Patent in two additional European Countries. The Patents were granted in Spain and in Slovenia (Publication no1533943) titled "Communication System and Method." These patents are for Calypso's proprietary ASNAP technology, which enables the convergence of Cellular and WiFi networks.
Calypso Wireless Inc. Files Patent Infringement Suit Against Deutsche Telekom AG'sT-Mobile USA, Inc.
Friday, 14 Nov 2008 03:30am EST
Calypso Wireless Inc. announced that it has filed a patent infringement complaint against T-Mobile USA, Inc. (T-Mobile), the mobile communications operating subsidiary of Deutsche Telekom AG, in The United States District Court for the Eastern District of Texas, Marshall Division in Marshall, Texas. In the lawsuit, Calypso seeks to obtain past and future damages, attorney's fees, and an injunction prohibiting T-Mobile from continuing to sell or make use of the inventions embodied in the '923 Patent. The case relates primarily to T-Mobile's Hotspot@Home product, which allows subscribers to seamlessly switch from the GSM network to local WiFi hotspots.
Calypso Wireless Inc. Announces Issue of European Patents for Its ASNAP Technology
Monday, 25 Aug 2008 04:30am EDT
Calypso Wireless Inc. announced that the Company has paid all fees associated with the issuance of the patent for its ASNAP technology in 25 European countries. The 25 countries are Austria, Belgium, Bulgaria, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, Monaco, the Netherlands, Portugal, Romania, Sweden, Slovakia, Switzerland & Liechtenstein, Turkey and the United Kingdom.
Calypso Wireless Inc. Announces Mexico Patent 254935 For ASNAP Technology
Monday, 23 Jun 2008 04:00am EDT
Calypso Wireless Inc. announced that the Company has been issued the patent for its ASNAP technology in Mexico. This recent granted Patent, No. 254935, filed in the name of the Company and issued by the Mexican Patent Office to the Company this week for its ASNAP technology.
Calypso Wireless Inc. Announces European Patents For IASNAP Technology In Twenty-Five Countries
Monday, 16 Jun 2008 04:00am EDT
Calypso Wireless Inc. announced that the Company has received news that its patent applications for its ASNAP technology have been accepted in 25 European countries. With those rights now secure and the newly established ability to protect those rights in Europe as well as America, the Company has begun the process of monetizing its technology.
Calypso Wireless Inc. Appoints Cristian Turrini As Chief Executive Officer; Appoints Cristian Turrini As Chairman-8K
Tuesday, 13 May 2008 10:58am EDT
Calypso Wireless Inc. announced in its form 8K that the Board of Directors appointed Cristian Turrini as Chief Executive Officer of the Company, effective, May 12, 2008. The Board of Directors also appointed Cristian Turrini as Chairman of the Board of Directors of the Company, effective on Monday, May 12, 2008, to fill the vacancies left by the resignations of Ms. Moran, Mr. Zapata, and Ms. Dotson.
Calypso Wireless Inc. Settles Lawsuits and Regains Control Of Intellectual Property; Announces Officer Changes
Tuesday, 29 Apr 2008 01:06pm EDT
Calypso Wireless Inc. announced that it has settled all lawsuits against the Company and has regained control of its intellectual property. The Company's previous officers and directors have resigned and Richard S. Pattin has been named the Company's interim President, CEO and sole Director.
WTFact (All numbers are for 2006, because there are so many dirty hands that want to still Calypso Wireless Inc.patented technology, they were busy fighting in court instead of day to day running a business, this is a multimillion $ case and they succeeded protecting their intellectual property, so past numbers are not important, what's important is the future royalties, possible acquisition by a jumbo wireless carrier and a company business that will be run in a protected environment without pirates stealing it's technology)
Market Cap $29M (for no revenues company !)
Shares Outstanding 189,260,000
Total Assets $500K
Total Liabilities $1M
Net Income -$4.9M (from 2002 total loss is about $31M attributed to R&D and launching their technology ready to market)
Revenue $0
Resume
In the current month of September, 2010 (CLYW.PK) went up from $0.02 to current $0.15 without news and on high volume, stock is worth $29M.
Nothing to take, nothing to add. This is a clearly bullish case.
Look into their website for more information about Calypso technology, if you will like it then this special situation stock is for you.