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Good post.
I am still up on the bulk of my shares (which I moved to my retirement account) but I am down on my second batch of shares.
I am fully aware that anything can happen - both good and bad - but also expecting that my real returns will be seen in 3-5 years.
So, I usually just check in:
1. To see new developments
2. To learn more about the company
3. To see if I can grab some more cheap shares
All The Best
I spent a couple hours checking out the purpose of the two clauses which the CEO & CFO must sign on the 10-K & 10-Q.
I am not a finance expert, neither a lawyer, but from SEC, law websites & business websites, my conclusion is:
1. Both phrases are used with every publicly-traded company.
2. Both phrases are required for every publicly-traded company to follow.
3. Both phrases are nearly the same.
Phrase:
"disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)"
Has to do with the fact that the CEO and CFO are certifying that there are proper protocols in place where the entire reporting system is done authoritatively. Basically, the CEO and CFO publicly acknowledge that they are responsible for accurate reporting.
Phrase:
"fully complies with the requirements of Section 13 (a) or 15 (d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)"
Has to do with the fact that the CEO and CFO are accountable to be sure that they are in compliance with the Sarbanes-Oxley law. Basically that the CEO and CFO are responsible to certify that all the financial information on the reports are accurate and correct.
No company can get a federal grant or even be considered SEC-compliant unless they obey these laws. It does not mean that they are preparing themselves FOR a grant or have already received a grant.
*A little tip - any time a .PK stock claims to be receiving a grant or federal funds for a project, this law proves they are lying because they are not SEC-reporting, therefore held to adhere to these two laws.
This is just my general understanding from all that I have read. DO NOT trade based solely on this post.
All The Best
Grabbed more HDY at 2.14, looks like it should bounce off support around 2.12 or so.
All The Best
Nice. Good catch.
All The Best
Dollar or more absolutely - the float is so thin!
All The Best
I am trying to put those pieces together.
If it is a grant - and only a grant.
Or, if it is a commitment from OPIC?
Global Sun (Arava Power) is getting a ton of money from OPIC...
It would be a very big piece to the puzzle.
Haven't found anything yet and have to step out for a while, but I will be back around lunchtime and try to dig into it then.
All The Best
That is the truth - someone (I would think Mark Lev) is so careful to have every "i" dotted and every "t" crossed so that the new tenant of SNRY will not have any problems in the future.
This is still another indicator (to me, anyway) that a solid company will be coming here - one filled with so much potential that they don't want any problems with the filings.
All The Best
I'm not sure, but I think the SEC is trying to get "up to date" with the capabilities of the internet age.
I believe the interactive data allows a reader to click on to a part of the filing and jump straight to it - a link embedded in the document.
The only other thing which may have been the main reason for the updated 10-K may have been the interactive data being added.
Other than what you discovered, I didn't find anything different in the 10-K & the 10-K/A except that interactive data was added, too. If you remember, the last 10-Q was amended simply for that reason.
All The Best
Been enjoying the posting activity on this board.
In answer to the #6 Fuel Oil argument, the sulfur content seems to be ABSOLUTELY the focus of the EPA.
From the DoE publication April 2011
I went long about 5 minutes after open, got in @ 2.22. Not looking to hold long, 3-5 days - depending.
HERO moving back up again today. Hercules Offshore just reported big losses - but the losses last Q were considerably smaller YOY.
On a slow/red day on the DJI/S&P, the few that move up can be a real sign of strength, depending on the reason, of course.
HDY looks like it may have found bottom, too.
All The Best
Pulled the trigger on DEXO first thing this morning at 2.16 for 27% gain.
Also got out of REXX at 10.43 with a hair under 8% gain. Stock pps was too static and needed to put my money to work better. Not a good call on that one, but at least I didn't lose any. I'm still planning on playing the jump from the financials - released on 2/21.
All The Best
Perhaps they thought they were watching the Food Network ... although Hell's Kitchen is a very appropriate name for the Pink Sheets.
Someone already had an order sitting at .0015, so another entity which holds shares (could be a MM, an actual shareholder, a holding company, or an insider who holds shares) sold a tiny amount for the specific price of .0015.
Anyone can put in a bid for as high or as low as you want. If the bid is over the ask price - it usually will be an immediate buy. If it is lower than the ask price, it may sit there forever - or until someone else sells to you at that price.
Often when people "bid-whack" they own some shares and want more, so they sell a few very low, then lower, then lower and when people lower their ask price to where that individual wants it - they buy a bunch at the price they were "fishing" for.
All The Best
I certainly am not a Level 2 expert - but someone over the last few days keeps trying to whack down the pps with tiny sales. It makes me think that SNRY has told their MM that they want the R/S to put the pps in the teens and definitely not the .20's or .30's.
Just an intuition, not saying I have any proof of it.
I can't imagine anyone else purposely pushing the price down ... to sell? I can see someone pushing it down trying to buy.
All The Best
While Monster Silk has been around since June 2011 - I doubt enough of it has been around to make fabrics and get a strong foothold on the textile market.
If KBLB had to step back and make new insertions for a stronger, more productive strain of silkworm - I'm all for it.
I would imagine that now they have proven themselves to be successful, other labs are attempting the same kind of things.
Get your best producers and the best product producing to make sure you have a real game changer - then worry about the sales.
I do think it will come.
All The Best
DEXO up 15% today and 5% yesterday, trading @ 2.17 currently.
Next strong resistance/support looks to be in the area around 2.36 - not saying I guarantee it will hit there today, but possibly tomorrow.
I'm up 28% since back in on 1/27 @ 1.69. It would be nice to hit above 35%, though.
All The Best
DEXO ran out of steam yesterday and bumped into resistance around 1.92 - premarket activity so far indicates it will gap and run higher than that resistance/support level this morning.
All The Best
Follow-up on same news from another source - just a different perspective with a few extra tidbits of news.
http://www.greenprophet.com/2012/02/israels-bedouin-get-solar-from-arava-obama/
Of course, we never know who will be the new tenant of SNRY, but it would be interesting to find out that it was GSP and the delay was caused by the Israeli government!
News for Arava Power - they finally got past the government hold-up.
http://www.jpost.com/Sci-Tech/Article.aspx?id=256928
Well said, ES1.
The PNAS article proves progress.
The Textile World article reports further progress.
The PR before the CC will report progress.
The CC will clarify progress.
Any fluctuation in pps before the (expected) PR and CC is not an issue for me.
Yes, I have been accumulating - since I was late to the party.
All The Best
Nice bounce on LEE today, too.
All The Best
DEXO off and running today.
REXX is very slow and sluggish. I will probably exit after their financials are released this week. Looking forward to strong numbers and a good jump.
All The Best
I was just listening to MSNBC this morning to Prince Alwaleed bin Talal who claimed that Saudi Arabia will not let oil get over $100 per barrel - regardless of what happens with Iran.
Of course, you never know.
http://www.cnbc.com/id/46285933
All The Best
Couple more strong calls, there.
Good job.
All The Best
The reverse split was scheduled to take effect as of January 31, 2012 - the reverse merger has never been announced.
In the filings SNRY stated they had signed a deal which they had expected to close at the end of November, then they changed that date to the end of December.
We do not know exactly what the hold-up is; but are very curious also.
All The Best
Strange activity, that's for sure.
GREAT to hear from you and hope you keep it between the white lines!
Feel free to give me a shout if you have time for a cup of coffee.
All The Best
Agree with everything you posted today....
Except for the Patriots. Sorry, my friend, their idiot coach was at the helm when they dismantled my Browns. I know we are not supposed to hate anyone and should try to love everyone ... but I gotta tell ya that I love him the least amount possible! LOL
Just kidding.
Sort of...
I would take your problem here:
http://investorshub.advfn.com/boards/board.aspx?board_id=504
And see if they can address the problem.
I know when I have someone on IGNORE, I never know when they post. Make sure you do not have them member marked, or that may circumvent the system.
All The Best
I know readers can become weary at times; but we all need to remember that this is a forum where anyone can discuss KBLB, whether positive or negative, as long as we adhere to the TOS and don't break those rules.
Also, anyone has the privilege of using the IGNORE button if they feel adverse to reading anyone's comments, whether they are a positive poster or negative.
Personally, I want to learn every piece of valid information I can (whether positive or negative) about any stock in which I am involved, it causes me to continually reassess my position.
Opinions (like mine), however, don't really matter at all.
All The Best
What I have noticed more than the volume is 18 MM's lined up on both sides of Level 2.
The more MM's battling for shares, the quicker the volume can come in. Perhaps they are preparing for the "non-existent" CC, too...
All The Best
Nice to see the pps slowly creeping up.
Since the R/S has already been authorized to be effective on JAN 31 - it could happen any time now.
Any day we could wake up to see the split has been enacted - then I would expect news to follow very shortly. It appears as though all this has been set up to follow a pattern:
R/S on JAN 31
"Acquisition" to close anytime
David Fann speaking FEB 1 at Solar Conference, after basically running into a hole and disappearing for months.
There should be a reason for all of these timelines to converge.
Something may be holding up the works. Hopefully, we will see soon.
All The Best
Nice to see the spread at .11 x .12 now.
That is much better - next ask showing is at .15
Well, what is showing is not all that is there. Just for kicks I grabbed 7k @ .11 and after my buy - 7k is still showing.
All The Best
WHEN the financing gets done,
The acquisition is already profitable - revenue stream is increased,
Then the overhead on SMKY product is also immediately slashed,
SMKY becomes immediately profitable.
That's big. People will be lining up to buy, then - but we could be at least double where we are now. So, now is a good time for me to accumulate.
Congrats to whoever got those .11 buys!
All The Best