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IF the thespian ceo of IDOI is only a puppet, isn't the bestest strategy for him to take salary and not shares/options?
Remember, he is a genuine Philadelphia lawyer; those types are usually very smart. He needs maximum deniability. Should IDOI go into an unrecoverable death spiral dive during which the toxic financiers cash out, IF our thespian ceo is seen to also be cashing out, ala Kenny Boy with ENRON, the investment game would be further unmasked and Pinocchio would stand out as being a significant player in a most-probable fraudulent insider enhancement scheme, a perpetrator of stock manipulation.
No, methinks that the puppet-masters have their puppet well programmed and keep him safe as the front man in this most-probably pumper-dumper operations. My guess would be that he is well-compensated for whatever efforts he makes on their behalf. All IMHO.
You are welcome. I was glad that I was able to present a clarification.
Now, sir, would youse kindly interpret what that straight, unadorned prose means?
I gets nothing out of it.
Being classified QB is rather empty. All IMHO.
SMKY is a fully-reporting company that is current with its US regulator. OK.
The OTC QB is not where NFL quarterbacks are traded, but it is an acknowledged tier in the FINRA classification.
It has earned the dubious distinction of being being the "Venture Marketplace." No doubt that SMKY belong in this tier where no standards are needed, just an active symbol to trade.
SMKY is just your run-of-the-mill PUMPER-DUMPER, complete with toxic financing using floorless debentures convertible to common shares at a discount.
Anybody out there ordered any SNKY smoked salmon for their New Year's Eve party? About smoked meat sandwich meats from SMKY for your college bowl dining on New Year's Day? Oh, the reality bites; there ain't no product being produced, no product being sold. Everybody is waiting for the end of the year and the magical appearance of solid, quality, legitimate business loans. The truth is, all youse may see is more toxic financing from Asher Enterprises or another accommodating vulture financier. All IMHO.
"Feesh" may just be a phonetic spelling of " F I S H." If that be the exposition here, youse can interpret the message to read as follows:
The ceo of SMKY gets paid; one of the products allegedly produced and sold by SMKY is smoked fish, but a careful reading of sales data would indicated that there is not enough revenue coming into the company from fish sales to pay the ceo's salary. Hence, the ceo made arrangements for TOXIC FINANCING; the proceeds from the toxic financing loan provides monies to pay the ceo's salary. Is that clear?
4 rizzle is for youse to determine. All IMHO.
"Upon completion of financing" refers to more toxic financing with Asher Enterprises or some other similar vulture?
Investors in SMKY will be waiting for legitimate, solid, quality financing until HELL freezes over after the devil installs a new air-conditioning system! All IMHO.
Smoky is as about as much a REAL Deal as HELL is going to be when the Devil decides to air-condition the place!
When a company succumbs to issuing debt through floorless debentures which can be converted at a discount to common shares and embraces this TOXIC financing, it is often because it cannot find any money anywhere else. Is that the case with SMKY?
Once a company goes the TOXIC FINANCING ROUTE, who else other than other TOXIC financiers will make any new loans to a failing company with no production to speak of, no sales to speak of, and no revenues to speak of in the REAL world? Is that why SMKY hooked up with Asher Enterprises!
The picture is a clear as the nose on Bashir Assad's face: SMKY is a failing enterprise with an unworkable business plan (other than borrowing money from TOXIC FINANCIERS using floorless debentures); it has very little credibility. The manipulators of this investment game over-promise and under-deliver,
but they continue to fool some investors, eh.
Look at the chart of SMKY's share prices over the last year. IF SMKY is a scam, it is now a sub-penny scam.
SMKY is a model vehicle for scoundrels skinning suckers. All IMHO.
HAPPY HOLIDAYS!!!!
While it has been a long and bitter NVXE/NVEI/RSMI road, one of these days even the stock symbol will be terminated.
For those of us who were fleeced, the learning experience cost us a high tuition; but, maybe, just maybe, some of us learned not to trust too much and to do more deep due diligence.
To those bastards who were the perpetrators of this fraud and got away with their white collar crimes, HELL is awaiting your arrival. May youse burn forever on the devil's spit in pain and agony. All IMHO.
Legitimate publicly-traded corporations hold Annual Shareholder Meetings.
IF IDOI is nothing but another run-of-the-mill pumper-dumper investment game, there is no reason to hold anal meetings.
Does IDOI appear to be a transparent, thriving, upfront legitimate business or the vehicle for the sophisticated scoundrels to fleece the suckers in a scam?
Methinks IDOI is a stock-selling operation designed to line the pockets of the insider toxic financiers. All IMHO.
One poster's interpretation of "bridge financing" could be another reader's firm conviction of TOXIC financing.
Do regular, routine, legitimate bridge loans result in the issue of floorless debentures?
Does the debtholder of last resort often convert the paper into common shares at a discount and drive the share price down?
If it looks like toxic financing, if it smells like toxic financing, it probably IS toxic financing. All IMHO.
How about a factual disclosure of just how much "product"
Smoky Market Foods, Inc. actually SOLD during November 2012.
What were the total sales from January 2012 - December 2012?
How much revenue did SMKY derive from their sales so far during 2012?
In the absence of facts, the claims that Smoky is selling product read more like propaganda and assertions than solid evidence that SMKY is even a going concern. All IMHO.
History is a powerful teacher.
When a publicly-traded entity cannot obtain solid, legitimate, quality, normal financing and resorts to toxic financing, the road is strewn with their tatters as they return time and time again to that poisoned well for bux to keep the doors open.
FACT: SMKY has accepted Asher Enterprises as its toxic financier. SMKY has issued debt paper in exchange for money from Asher.
Dream: Smoky Market Foods, Inc. is going to obtain a regular business loan to finance its operations before the end of the year (2012).
When you attempt to balance the TRUTH between the FACT and the Dream, youse must conclude that SMKY is on that slippery slope leading to the bottom of the sea. All IMHO.
Will IDOI hold an Annual Meeting in 2012?
A better question might be: WHY WOULD IDOI HOLD AN ANNUAL SHAREHOLDERS MEETING IN 2012?
Kindly remind us when the last Annual IDOI Shareholders Meeting was staged.
It seems to me that only legitimate corporations hold Annual Shareholders Meetings. All IMHO.
What some readers here understand perfectly and others do not is that SMKY has joined that wagontrain to Nowhere by hitching up to the Asher Enterprise toxic financing traces.
Once hooked, always trapped. Floorless debentures, conversion to discounted shares, death spiral......
If Smoky gets tired of Asher's terms, there are plenty of other toxic financiers who are in the game.
This is the REALITY, with no embellishments. Since SMKY does not qualify for the solid, normal, quality business financing--- it has gone the toxic financing fatal route to keep the doors open. Capice?
"New" eyes on SMKY need to do deep due diligence research which includes history, financials, management, business plan, and share price before putting their coin on the blanket. All IMHO.
Another subjective "tip" for those bound to buy into the most-probable investment game:
BUY ON DIPS. All IM(tongue-in-cheek)HO.
Well, beholder, be sure youse looks into the eyes of those smoked Iowa river salmon youse be obtaining from SMKY.
What does thou behold?
A stale investment game....or a bright future stock waiting to go to the moon. Buy now, beholder as youse sees a wonder rising, before youse misses the bus. Just be sure youse buys low and sells high, too. All IMHO.
Somebody must have slapped some capsacin on a Maya holy man!
My calendar reads 12/21/12 and I think that I am still alive!
Go NGSX....the world was saved by capsacin. All IMHO.
Hope, intuition, and feeling can be used to wager on a college football bowl game.
Investment decisions need to have a better, firmer foundation. All IMHO.
Thanks for the clarification.
Do I have this correctly?
1. Smoky Systems was an LLC that was founded circa 2000.
2. That entity didn't succeed; i. e., it did not generate sufficient revenue to keep it "a going concern."
3. In 2006, Smoky Systems failed, was liquidated; but then was resurrected, not as a new LLC, but as a new publicly-traded corporation.
4. Since 2006, Smoky Market Foods has been trading with the same failed business plan as its predecessor LLC.
5. SMKY does not generate sufficient revenue and has resorted to toxic financing to keep the doors open.
Why does this recitation sound so familiar?
The future for SMKY looks a bit gloomy. All IMHO.
In the real world of legitimate business and life, doing the same thing over and expecting different results evokes a certain pyschiatric term.
IF SMKY is following the same business plan as did its predecessor and affiliate, isn't it about time that somebody, that someone determined why Smoky Systems was unable to generate significant revenue. What happened to Smoky Systems?
Is SMKY generating significant revenue? Is it an on-going concern?
There seems to be circa twelve years of history of Smoky Systems and Smoky Market Foods to examine.
Of course, if these are only investor games designed to fleece the suckers, then evaluation of financials, business plan, execution, and management is superfluous. All IMHO.
Something to consider, comrades:
What if Asher Enterprises is only exhausting its current floorless debenture paper in preparation for another tranche of toxic financing? This iter can be traveled over and over and over again.
And it is not limited to Asher; the world is full of toxic financing; the next participant may be just waiting for the turn of the calendar year before offering to keep SMKY smoking in return for floorless debentures which can be converted to common shares at a discount. Isn't that the real insider enhancement scheme that is being played out here?
Be careful if youse has a wish for Xmas for high volume for Smoky Market Foods, Inc. Youse might not be happy with the dilution and lower prices that might accompany that event. All IMHO.
Hashu, it ain't "quite here" yet.
"Here" is when the volume is overwhelming as the floorless debentures are converted and the death spiral is evident.
"Quite here" may be when the garbage skow settles on the seabed with a share price of $00.0001 with NO bids. All IMHO.
Ah, so.
How about a combination answer....
What may well be next is another round of Asher Enterprise-like toxic financing resulting in more debt paper being created as floorless debentures which can be converted to common shares at a discount.
That toxic financing route is endless and and could go on indefinitely.
Should the toxic financiers decide to unwind their debt positions and cash out, then youse could see the traditional death spiral where debt conversion to equity creates the need to issue more and more shares which sell at cheaper and cheaper prices....until
The leaking skow sinks to the ocean floor at a bargain price of $00.0001 which might encourage the bottom fishers to play the investment game as a rebound stock investment. WASH, Rinse, repeat. All IMHO.
Not much stranger than Hopi kachinas in Florida! All IMHO.
Have a great weekend.
But,but, butt....
The patented smoke ovens!
The Iowa river salmon!
The distribution network!
The boxed beef!
The traditional, solid, quality financing!
Those touts seem to fade in light of the Asher Enterprise toxic financing arrangements, the conversion of floorless debentures, the collapse of the share price, and disappearance of the pumping clan on this message board, the tax selling of losers to clean up equity holdings in stock portfolios, and the lack of news from corporate headquarters (Safe-Harbored or not!). All IMHO.
"Securing traditional financing" by a most-probable investment game is like getting an ice cream cone from Lucifer while residing in Hades.
Those company prs are "Safe-Harbored." Youse do comprehend what safe-harboring is, doesn't youse! Safe Harbor Laws provide a shield for deception and misleads to proliferate by proclaiming the prs to be futuristic dreams reduced to writing; safe harbored company prs do not have to be truthful, based upon reality, or much of anything else except wild exaggerations by company mismanagement.
And those toxic financing floorless debentures issued to Asher Enterprises could stretch out to infinity. All IMHO.
Since you've not posted on this message board since around tax time of 2012, lots has happened.
Youse can do lots of reading and catch up or bounce off of these opinions:
1. Smoked Market Foods, Inc. is behaving like most penny and subpennies when the sheen and glimmer wear off.
2. Company did toxic financing with Asher Enterprises; Asher may be unwinding its floorless convertible debentures and harvesting whatever it can. Dilution pollution taking place.
3. SMKY does not seem to be selling much product. Not existing on revenue from sales, but surviving on Asher toxic financing.
4. The share price might be seeking its fair price; that price might be $00.0001 right on the seabed.
All IMHO.
ORCL to the Top of Lanai!
Laaarrry owns most of that Hawaiian resort island. He should host the next ORCL Annual Shareholder Meeting at one of the nice places on the beach and then organize a safe and easy climb to the Top of Lanai where he can plant the Oracle flag.
Might also be nice if he had his fancy racing catamaran in the harbor for all to see and a few chosen (at random by lot) get to actually sail on her deck. All IMHO.
Where, why, and why will the 2012 Annual Shareholders Meeting be held for IDO Security, Inc.?
Wasn't the last Annual Meeting held in a conference room on the Isle of Manhattan on Xmas Eve about three (3) years ago?
Perhaps the thespian ceo of IDOI is so comfortable on Palm Beach in Florida that he doesn't even contemplate hosting a corporate Annual Meeting for the shareholders. Besides, what can he tell them?
1. Who are the toxic financiers who pull his puppet strings?
2. The accumulated deficits of this investment game?
3. The list of accomplices and rent-a-names used to mislead the gullible gamblers into casting their hard-earned money on the blanket to participate in this flim-flam?
4. Plans to modify the shoe magazine into hand-held wand for the kiddies to search for buried treasure, i. e., metallic bottlecaps, on the beach in the sand next summer?
Going nowhere, dear readers. An investment game de riguer. All IMHO.
Or maybe it will find its fair value of circa $00.0001, at the bottom of the sea. All IMHO.
Kindly remind us, please, of the date of that Safe-Harbored, forward-looking broadcast story. I believe it is rather stale and certainly has not borne fruit. All IMHO.
Wouldn't bet the outhouse, either.
Nothing positive going on here, boys. Too much debt, pipeline products not going to market anytime soon, no interest in patents and intellectual property for redhot chili pepper juice.
Mayan calendar still predicting end-of-the-world this month; may be coming to NGSX sooner. All IMHO.
And whilst youse may be absolutely correctomente, from time2time some pumperdumpers do show up to try to get RSMI into the ranks of the walking dead and trading. Some even try to spark a "run!"
The regulators obviously do not care. RSMI should at least have some caveat emptor tag attached to the stock symbol; it does not report regularly to the SEC as far as anyone knows. It is a corpse. All IMHO.
Bottom Line for any well-manipulated investment game:
Keep skinning the suckers and get the money rolling into the hands of the operators!
Looks like this smoked enterprise is following the script! Volume is probably more important than share price to the manipulating scoundrels. Safe-Harbored "News"/prs/hypes on message boards may contribute some to raising the volume, but the more successful professional gamesters employ hired pimps to pump and broadcast "promos" to get the volume up. Seen any evidence of those yet? Oh, those cost MONEY! All IMHO.
Either that or the post is in keeping with the advertizing concept that the BIGGER the hype the better the catch! Exaggerate the upside and see who comes to bite the hook.
Sell the sizzle, babe; just sell the sizzle.
Does a big lure catch the largest fish?
Is EDWY getting ready for prs and a full-scale pumper-dumper operation using all of the lures in the bait shop to skin the suckers? Stay tuned for the next expeditionary round....All IMHO.
Have you considered that just maybe getting into bed with Asher Enterprises was an integral part of an investment game whereby the mismanagement obtains toxic financing and issues floorless debentures?
In reality, nobody is looking out for the investing public.
Has smoky made a pact with the devil and will soon be headed for its death spiral from which there is little chance of recovery? Or is SMKY just another run-of-the-mill pumper-dumper that follows the general OTC BB US playbook with toxic financing, dilution pollution, reverse splits, and WASH, RINSE, REPEAT cycles?
Curious readers want to know your opinion! All IMHO.
Thank you for the data which gives us some snapshot of the share structure of this most-probable investment game. Unfortunately, the analyst probably won't derive much information from those numbers.
IF, however, one looks at the financials, the potential for dilution pollution becomes a little more obvious. Given the Asher Enterprises toxic financing arrangement and the floorless debentures with conversion rights attached, the number of actual outstanding shares could easily balloon.
Couple that hypothetical to the actual sales data of this smoked speculative subpenny stock, and reality does set in. The market capitalization bears no genuine relationship to anything other than manipulation. The fair value of SMKY is probably at the bottom of the sea @ $00.0001. All IMHO.
Any brave soul out there want to declare that SMKY is just another run-of-the-mill scam operated by sophisticated scoundrels skinning the suckers and using the open American enterprise system as a personal ATM with aid from toxic financier(s) who provide the lubricant? Just asking.....
Anybody out there in cyberspace familiar with this message?
OTC PINK NO INFORMATION
How does a publicly-traded corporation earn that distinction?
Why doesn't RayStoleMyInvestment have that appended to its stock symbol?
The corpse is still dead! But the shares are still trading. How does that occur? Is everybody asleep? Maybe not everybody, but the regulators seem to be. All IMHO.
Like most investment games, this smoked stock is out there trying to establish some legitimacy.
Instead of smoked salmon or boxed beef, why not proclaim what its real product is? Does PIE-IN-THE-SKY sound about right!
As long as there are believers who cannot or will not do deep due dilligence, these investment games will persist. There are always greedy gullible gamblers willing to take a flyer.
What is going to happen when crowd-funding which requires no reporting and is not subject to regulation gets rolling amongst the crowd that re-elected Hussein? Who needs the SEC, state regulators, FINRA, or others when crowd-funding creates innumberable opportunities for the shysters! All IMHO.
IF IDOI relies upon its shoe magazine with its antiquated, out-dated metal detection relic, nobody is going to help them achieve much of anything.
"Loss prevention" is not a major developing sector where metal detection technology is going to make a dent.
The passenger screening technology requires chemical explosives detection which a metal detector can't provide.
Maybe the newest accomplice will end up its association with IDOI by recommending that IDOI close its doors or sell its intellectual property and move on to some other investment game carrot. All IMHO.
IF SMKY is only an investment game, the number of toxic financing arrangements is endless. The number of times that this screenplay can be repeated stretches to infinity.
Remember, in the real world of fraudulent white collar schemes the only valid item is an active stock symbol. The SEC is asleep; the state regulators don't have the interest or resources to protect the investing public. FINRA is an a$$-covering self-regulator which means NO real regulation.
It is a world of WASH, Rinse, repeat. Toxic financing, dilution resulting from conversions of floorless debentures, reverse splits, and on-and-on. Is SMKY an integral part of this world? Youse pays your money and youse takes your choice! All IMHO.