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Seems like a few readers here can connect the dots!
SMKY exists as a vehicle for Asher Enterprises to provide toxic financing and reap rewards in a death spiral by converting floorless debentures. Share price is not as important as volume sales of toilet tissue certificates.
The smoked salmon from Ioway's rivers are a carrot to mislead the gullible gamblers to purchase those speculative shares.
The ceo of SMKY pays himself from the proceeds obtained from the toxic loans he negotiates with Asher Enterprises. Asher Enterprises cashes out by selling their converted shares.
That seems to be how this investment game is designed. And the shareholders who are holding SMKY end up with diluted, lowered-share price paper. All IMHO.
Somehow it seems that Asher Enterprises as toxic financier has gone missing from this discussion about the reality or scaminality of this smoked Iowa salmon enterprise.
Are youse guys deliberately overlooking the fish guts of this story stock? It is all about floorless debentures, conversion of the debt paper, and creative financing. SMKY is just a vehicle to fleece the suckers. All IMHO.
"This stock sucks...." Yeah, I got that.
What I was asking youse for was an opinion of WHY SMKY sucks.
Is it because it is and has always been a scam to skin the suckers by the scoundrels?
Is there a flaw in the business plan or was the business plan always designed to sell toilet tissue stock certificates?
This is a message board where discourse is encouraged in addition to quicky opinions.
So what's the story as youse sees it? Given the long history of the ceo of SMKY, there has to be more to it than "this stock sucks." Maybe something about toxic financiers needing a vehicle to make lots of bux? All IMHO.
Please elucidate "the fact of the matter."
Simple, clear, and unambiguous English language will be appreciated.
Readers would like a straight statement as to your observation and opinion on Smoky Market Foods, Inc. All IMHO.
Thank you.
Safe-harbored PRs from IDOI are all well and good, if meaningless.
Since it is alleged that China is such an important market for IDO Security,Inc., what do the sales data inform us about the IDOI China business?
1. How many units were actually sold to/in China?
2. Does IDOI have an export license from Israel to ship shoe magazines to China?
3. How much revenue came into the corporate coffers of IDO Security, Inc. from their business activities in China?
Or is the pr just another in a long line of Pinnochio's future-looking bloviations to help skin the suckers through an investment game scam? Is there a year-end PUMP & DUMP coming for IDOI? Acting investors want to know! All IMHO.
Pay attention to the volume!
The toxic financiers who own the bottomless debentures and who are converting them to common shares for sales is not that concerned about price per share. This is an unloading activity and to unload requires sales volume. Selling-into-volume is a key element in toxic financing.
Does everybody out there in subpenny land comprehend the death spiral and how it works. IF not, have your guru explain the investment game to you. All IMHO.
Just completed reading the latest SEC Suspension from Trading List.
RayStoleMyInvestment was not on it.
One of the companies was suspended because it hadn't reported since 2009. When was the last filing by RSMI?
The SEC has been a failure under Mary Schapiro just as it has been a failure for decades. If they could find one company to suspend from trading, why is it that RSMI is still trading?
Do they have a lottery drawing to see which company gets suspended from time-to-time just to prove that they are still somewhat on the job? Funny regulation. All IMHO.
Do I have the events from the playbook correctly ordered here?
1. Rumor is that normal, regular financing is coming.
2. CEO attempts to orchestrate an October "run."
3. No financing, no run.
4. SMKY obtains financing from Asher.
5. Asher converts his bottomless debentures.
6. Share price of SMKY plummets.
7. On an otherwise busy trading day, SMKY flat-lines with no bid taken and no sale of shares.
IF that outline is reasonably accurate, does youse have a better understanding of the term TOXIC financing? The falling share price should provide youse with an indicator of the consequences of toxic financing when the debentures get converted.
The toxic financier does not get poisoned, s/he/it benefits and cashes out. The number of outstanding shares rise, producing dilution pollution; the share price falls. Who drinks the hemlock? It ain't a pretty picture, eh. All IMHO.
'Scuse me while I goest to barf at the mere suggestion.
Why would anybody in their right mind be buying SMKY when the toxic financier is allegedly converting his floorless debentures and cashing out? That is not just a bad timing idea, that is plain nutsy!
What did the chart of SMKY reveal to youse today?
Can't read or interpret the SMKY chart? Find somebody who can 'splain it to youse. The clues are there, friend. All IMHO.
"Unethical" thou screamest! Unethical, bah humbug.
Dis smoked market foods game could be a scam. Youse try to balance "unethical" in a potential scam!
Toxic financing, huge deficits, not much in the way of sales, collapsing share price. Non-reporting "in realtime, as they have a materiel effect upon the shareholders" for subpenny stocks on the OTC BB USA is not grounds for anything as long as the SEC is in sleepy transition, the state security regulators don't give a rat's arse, FINRA is a arse-covering "self-regulating" poser, and the fox is watching the hen house.
NO, I am not buying SMKY now, tomorrow, or ever. All IMHO.
Hey, watsamattahwitshoe?
Nobody got $7.00 to thrown on the blanket for this shell game?
My ticker shows that today is FLATLINE Day for smoked market food company. Not even your toxic financier is cashing out today! "No BID" it 'tis.
So throw in those seven bux and let 'em run. Starter level for those brave enough to believe the storyline for this fairytale, eh.
"Give me ten men who are stout-hearted men" and I'll frontload this investment game to the gunnels; just ten men with seven bux apiece to wager on this speculative sewer stock now in the storm of a death spiral as the floorless debentures get converted and the outstanding shares get diluted. Else this game picks up speed and the share price falls to the bottom of the sea @ $00.0001. All IMHO.
Sir:
Your logical array makes your Plan C impractical.
Assuming "A" is correct, the precedents have been set by "B." Toxic financing amongst the flim-flammers is not an unusual event and if the disclosure is included in the reporting, there is NO tort. Repeating, for emphasis: IF "B" is the norm, no 8k is required.
Therefore, "C" will not hold water. All IMHO. QED.
Plan C: Snowball's chance in Hell!
1. Has Smoky Market Foods, Inc. obtained toxic financing prior to this latest "Asher" arrangement?
2. Were 8Ks filed to announce those toxic financing arrangements?
3. Since precedents count, unless this is a proveable omission, if no deviation is shown ----> no basis for a claim. What youse are calling "non-disclosure of material events" may just be business-as-usual toxic financing arrangements.
Remind us, please, where is any deep pocket from which any class action suit might collect a judgment should Plan C miraculously result in a verdict for the bagholders(sic) {YOUR term}?
No sir, I am afraid that youse might just be witnessing yet another death spiral involving a subpenny investment game being played by sophisticated scoundrels skinning suckers through a scam. All IMHO.
Not gonna happen, Goldy.
As long as the stock symbol is active, even a corpse can still be traded! RSMI is both an immoral entity and an immortal stain on American financial enterprise.
No SEC reporting required, either.
Just an active stock symbol and an investment game can be manipulated by skilled bamboozlers on the OTC BB USA. All IMHO.
A LITTLE PAINT JOB TODAY!
Somebody painted the tape today to close out an unconvincing day for IDOI.
IDOI assembly line in Rishon LeZion still standing, untouched by Hamas mortar fire rocketry? Howze about dem orders for shoe magazines, chaverim?
Or, just maybe, the real business of IDOI is selling toilet tissue certs, piling up debt covered by floorless debentures, and doing other creative and innovative toxic financing to keep the sophisticated financiers happy! All IMHO.
I infer from the recent posts that there is now a consensus that SMKY is a fraudulent scheme.
The toilet tissue certs of Smoky Market Foods, Inc., have become the media of exchange used by scoundrels to scam the suckers. There is no product(s) being produced for the consuming public other than paper in which to wrap fresh salmon caught in cold Alaskan waters next Spring.
The PUMP & DUMP has run its course, and the share price is expected to drop below a penny-per-shares. There is no good news on conventional financing, only floorless debentures.
Run, folks, run. All IMHO.
Anticipating the same criminal-minded syndicalists returning to work up this pumperdumper for another "run."
Part of the playbook remains intact as the board moderator is most probably a player for the RayStoleMyInvestment pump-and-dump racketeer influenced criminal organization.
Remember, Goldy, all it takes is for a valid stock symbol to be present for a PUMP & DUMP scheme to be operationalized. The SEC is asleep. State security regulators don't bother with sub-penny investment games being played on the OTC BB USA. FINRA is an a$$-covering effort at "self-regulation;" LOL. Nobody is going to issue Cease to Trade Orders or delist this corpse; the opportunity for scoundrels to skin the suckers in a scam abound. All IMHO.
Flat-lined today.
The corpse is still dead. All IMHO.
Ain't dat called "Safe-Harbored" communications?
US Congress gives publication rights to losers to communicate and entice suckers for scoundrels to scam in the interests of stimulating the economy, encouraging weak sisters, and stripping the vulnerable of their assets. If the losers wave the "Safe Harbor" banner and incorporate a disclaimer in the communication, they are in a safe harbor and cannot be prosecuted for fraud.
Just wait until the Crowd-Funding criminals get rolling! All IMHO.
And the fair price for shares of SMKY is at the bottom of the sea along with the Iowa-hatched, raised and nurtured before being smoked salmon, right. I forgot, what are them there famous Iowa fishing rivers named. Copper River? Yukon? SALMON!
That would value the shares of SMKY at $00.0001, I reckon. All IMHO.
Hey, somebody in Nieu Yawk City: Can youse go to 17 State Street on Manhattan Island and see how well IDOI's Israeli asset (i. e. manufacturing complex) is insured?
What with Hamasland's jihadist Islamist terrorists launching rocket strikes that can hit Rhee-Shown Leh-Tzee-own, maybe there is enough insurance to cover the $44 million bux in deficits and close that high-tech fabrication place. Youse never nose when a Hamas rocket might accidently strike the IDOI manufacturing complex. All IMHO.
IDOI's major asset continues to be "Goodwill."
Goodwill is an accounting entry and is NOT cash flow.
Goodwill must be adjusted and tested on a periodic basis.
That IDOI's Goodwill represents some 80% of the corporation's assets should be a RED FLAG Warning to genuine investors. The Goodwill was established as the premium that IDOI paid for the Canadian shell to get into the investment game and is not real, fungible, or actual. All IMHO.
What a nice PAINTING-of-the-TAPE late in the last trading day of the week, too! All IMHO.
Verily thou doest jest with us....
IF youse are referring to the Broadband thingy, that was four (4) years ago! Did it happen? What were the results?
The RSMI corpse is still dead! All IMHO.
My ticker shows that SMKY is trading @ $00.021; given that the 52-week low was $00.02, they look relatively cheap on the chart right now.
What is the trigger that youse have conjured up to drop the share price into "cheap SMKY shares" territory coming "Next week"?
Usually the dump follows a pump. Did miss something recently here? I may have, but I doubt it. All IMHO.
And The Wizard of Oz is a terrific parable.
"Once financing is achieved" reminds me of the Cincinnati subway system.
The past is prologue.
By the way, in addition to reading the fictional business Pie-in-the-Sky "plan," did youse take a peek at the most current financials, especially the accummulated deficits!
There is a reason for pumping on a fictional business plan but ignoring the financial facts. All IMHO.
"Hey, we've got a nickel, nickel, nickel."
On our way to a quarter!
Gotta have some piece of the China growth potential. All IMHO.
But if youse took the time to read, study, analyze, and post on the value of this smoked stock based upon FINANCIALS, an honest result would show that fair value for SMKY is probably to be found on the seabed at $00.0001. All IMHO.
Hopeful 12.7% pop showing up on chart. Wonder why.
Maybe business is picking up in the underground retail space in cold Northern Xian. All IMHO.
Hey, Don:
Why don't youse have a serious conversation with Eddie Feinstein and convince him that youse can use the crowd-funding path to raise funds for Smoky Market Foods! Secure those needed finances.
No shares to register, no disclosures, no scrutiny, no oversight. It is a whole lot like mob-shopping, only youse be offering smoked certs to the masses instead of (bread) and smoked salmon (fishes). Should be a WIN-WIN situation. All IMHO.
Remind us again, what was it that P. T. Barnum informed us so many, many moon ago?!?
CROWD-FUNDING: Next thing, maybe we can bring back the bucket shoppes!
Hope Springs Eternal!
Why is it that Sysco IOWA chooses to use its own company label on the Smoky Market Foods smoked salmon instead of Eddie's label?
There may be a story here, but it ain't the one youse be publishing! All IMHO.
Come on, CBM:
Did youse read the latest 10Q?
Dey had nearly $5k cash or equivalents.
Sales totaled nearly $17k.
"Going concern" doubts or not, Mary Ann's is making product and putting Smoky Market Food labels or Sysco IOWA labels or some label on it right there in Webster Chitty.
Have absolutely no insight on the potential of SMKY as a pumperdumper vehicle. Not so far, today, though, eh. All IMHO.
Dey must have stopped at that bagel place to try some of Smoky Market Foods' new kosher lox with cream cheese, red Bermuda onion, and locally-grown tomatoes. All IMHO.
And when do youse realistically believe that the long-awaiting "financing is secured" verification will happen? The Twelfth of Never? TIA.
Or is it just another carrot to keep the current bagholders salivating?
Methinks the needed financing will occur about the same time that they start selling at retail high-quality kosher lox at $5.96 per pound. All IMHO.
On this date, my ticker indicated that not one (1) SHARE of RayStoleMyInvestment was traded.
Today, the corpse was very dead! All IMHO.
NICE PAINTING THE TAPE JOB!
Seems like it happened about 12:34PM from a $00.22 level.
Great way to end the trading day and the first November week opf trading.
Go IDOI. Deception since Inception!
Goldy:
The chapter in the PUMP & dump playbook to which you refer is called "Hijacking the Message Board." This chapter may involve
1. Becoming a moderator, albeit not a fair/honest moderator, and selectively censoring the posts to keep the balance on the pro-side of the ledger in order to promote the pumping and hyping while dampening the countervailing warnings and sentiment.
2. Bombarding the message board with voluminous touts and promotions, flooding out any cautionary posts.
An investment game is usually a dramatic, well-executed hoax. The marks are usually left holding the bag after paying the piper. All IMHO.
Has anybody dressed as the RSMI zombie been Trick-or-Treating at your dwelling yet tonight?
Methinks that RSMI is still a corpse because the reanimators have been rather unsuccessful in their efforts to create the RSMI zombie. Not that they haven't tried!
This was the year to put on a zombie suit with a sign reading "RSMI" and visit the neighborhood begging for treats as a hungry relic of the twisted wire-pair era. And should youse receive RSMI certs with a sardonic smile, youse know someone else who had been had by the investment game players! Probably somewhat common in the San Diego environment, eh. All IMHO.
The journalists who follow current culture are informing us that for Halloween 2012 the most popular figure is a zombie.
Youse don't suppose today that the syndicalists who have been trying to turn the RSMI corpse into a zombie will appear on Halloween trying to reanimate RSMI into a zombie to be hip with the current Amerikan culture club, does youse?
Their amateur promotions and pumping having been unsuccessful over the past few years, perhaps they will find the Halloween cultural icon for 2012 an inspiration for another feeble attempt at a PUMP & DUMP play. All IMHO.
And your post relates to the RSMI corpse because God wants the Gates and Buffets of the world to buy into the Cupria doggie-poopria fiction?
Are the folks in Visconsin already experiencing brain-freeze? At least the Green Bay Pickers should have an easy win at home come Sunday against the running back-less, underperforming Redbird team from the desert. All IMHO.