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I am having a bad day today. Cat got ran over and my 4 year old son saw it happen. I will be more polite in the future. Ok, have a good day.
Wow, you're a mean SOB. Ok, if you don't want to refresh my memory I am ok with that. I know people like you. Must be lonely.
Ahhhh, I see. Ok. Its not made for entertaining, its a business video that is 1 minute long. How exciting do you want it?
Be nice. We are all here to help. I am nt going back "2 weeks" to read a post.
I do see the business changing. Look at the web site. The new video talks about Binary business. Lots of people at the service center. They seem to be expanding that business and now with the TV show maybe its their largest growth potential.
Wow, this would be good. You are doing some good DD.
Ya, me too. Lets us know? Hey, what happened to GabbyNYC? SHe/he has been gone. If I remember she/he is Chinese. Maybe she/he can shed some light on CBN-ITV.
Will will see enough. Maybe they said "regular" for a reason. Meaning they will have other hosts, paying hosts? Again, we will soon see. Anyway its great news.
Think about this:
"Kris World Development Limited of Hong Kong will be the show's primary sponsor."
Does this mean they will talk about Binary Options? If so it could help greatly with that business. It seems they are pushing that business hard. Maybe the "TV Show" is another revenue source.
I would think he would be the "Host".
I think so too. However...that means these guys are going shows at 9pm - 4am China time?
Right, the exposure is awesome. I am blown away with the 120 million viewers. That's 1/3 of the US population. Would be nice to see some guidance on revenue.
I didn't see any revenue announced.
Below $1.00 is what got SGOC into trouble to begin with. If this keeps up (30 days below $1.00 on the Bid closing) its will be round 2 and I doubt it will end well. IMO SGOC needs to let the investment community know what is going on or all interest is lost. There is literally thousands of stocks to choose from so its up to SGOC to either keep or lose our interest.
I'm sure everyone read the news.
New video on the Chineseinvestors.com web site.
Shanghai just got another boost of funding for their metro. Maybe BWOW got some of this business.
Decent volume but now its quite. Price looks nice though.
Keep on trucking. Nice move these past few days.
I do believe you are correct. There is a poster here who does read Chinese. Maybe they will provide guidance.
Right. Too many people make posts with no hard information to back up their statements. I believe posters who can't back up their statements should keep their comments to themselves. SHow me the facts or go away!
Forgive me FORTISGR but where are you getting your information regarding the quarterly reports? Also, what is the basis for your December $3-$4 price target?
Just trying to keep it real and maybe learn something here.
Thanks.
Private issuer? Are you sure about that? SGOCO is a publicly traded company traded on Nasdaq under the ticker symbol SGOC. I'm pretty sure its a Public Company.
With regard to your comment on Quarterly reports, read this: http://www.newaccountantusa.com/newsFeat/wealthManagement/foreign.pdf
CFO, I think should be the one discussing financials in a press release. The COO comments on business development and general operations. If anything a VP of marketing should be the point of contact if they don't have internal or an external IR firm.
The IR person isn't making statements in a news release. She/he is the one answering basic company questions and is running interference so the execs can do their day-to-day work.
You are right, CIIX just needs to get their (_____) together so this thing can run smooth.
I believe the binary options and IR business/service will really produce solid revenues. The float is very tight and there are very little shares issued/out.
Here is where I have heartburn:
1. No real relevant news
2. The news we do get is all from the same person (makes we worry that nobody else is working)
3. Not sure why CIIX has all these offices. What happened to the 1 Shanghai office?
4. Some video links (in Eng) to their binary option business but no real info on their web site (in Eng).
5. Not sure why the COO is the IR contact
Yes I get it, they are new to being public but that isn't an excuse. If they get things together maybe we will see buying. Right now we are not seeing much selling so that is good (I guess). Time will tell. I will give it a little while longer.
Good luck.
Confused. Help me please understand something. Is CIIX a California, Colorado, Chinese, or India company?
On their latest 10k here is what I see:
1. Cover page of 10K -411 E. HUNTINGTON DRIVE #107-228 ARCADIA, CA 91006
2. Page one of 10K -13791 E. Rice Place, Suite # 107, Aurora, CO 80015
3. Shanghai (1) Item 2 on 10K -18 B-C, No 55, Huai Hai Road (W), Shanghai, China, 200030 (lease expired 05/01/2012
4. Shanghai (2) Item 2 on 10K - 21 J-K-L, No 55, Huai Hai Road (W), Shanghai, China, 200030 (lease expires 10/13)
So we know the 1 office in Shanghai expired. Are they in the Shanghai 2 office? Same address, different suite.
News coming out of Shanghai, shareholder meeting in California, office out of Colorado, and incorporated in Indiana. What is going on here? Clarity please.
Speaking of DD, check this out (from their 10K):
1. The Company does not currently have any type of stock based compensation, award, or incentive plan document but plans to create such a plan in the near future in consultation with and the approval of our Compensation Committee.
2.The Company currently does not have any active employment agreement(s) with any employee associated with the Company. It is the Company’s intent to enter into an employment contract in the near future with its CEO and Founder, Mr. Warren Wang as well as any other employee(s) or contractor(s) determined by the Board of Directors to be critical to the Company’s future operations.
No compensation packages? I would be worried working for a company with no contract or compensation package.
I am doing some digging. Here is what I found:
Warren Wang - CEO and Chairman
Brett Roper - COO, Corp Secretary, board member, VP of Corp Services (and presumed IR contact)
Paul Dickman - CFO
Keevin Gilespie - VP Marketing
Why is Warren Wang the only one on the news releases?
Wouldn't the CFO (Paul Dickman) comment on the financials?
Why don't we hear from Keevin Gilespie on company updates?
Seems odd.
I see that the last news has no contact info but the July news shows: Brett Roper, 303-481-4416, broper@chinesefn.com
Brett Roper is the COO (as of March 2012), corporate secretary, board member and VP of Corp Services.
So is Brett Roper the IR contact person too?
GabbyNYC does have a point but so do you. Yes they are new to being public and it seems senseless NOT to update investors more regularly. By the way who is their IR contact?
New Info Being Added. There seems to be a lot of new (and good) information being posted here. I'm not complaining or questioning. It would be nice if you share the source of your information. Are you talking to the company?
You know there is more information posted here then on the company web site or in any PR.
Binary Option Business - For the first 2 month of FY2013 Binary Revenue was $145,000 or $72,500 on average per month.
Worst case scenario (+5 % mom) $1,102,492.06 in 2013.
This is great news. The focus is now Binary Options and not FOREX.
What do you suspect the visitors are doing for 31 minutes? The reports are form July. Do we see an increase from the last reports?
81% yoy advertising revenue! The IR related services are an important part of the future growth for CIIX and could push this company to new levels just based of IR.
Impressive - 31 minutes from 150,000 unique users.
The binary revenue is very impressive in such a short period.
$1.10 would be great. But...what is this based on?
If the company wants to remain compliant they WILL file the "Q's". If not, then its back to Nasdaq for more Q & A. I really think this was a wake up call and SGOC will get their...____ together this time.
Typical story. Bash and pump!