Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Here is a good-news email:
Subject: Re: Distribution Facility
Date: Mon, 2 Oct 2000 13:27:52 -0400
From: "Rhett Seabrook" rseabrook@struthersinc.com>
To:
Kristi,
The distribution facility is complete and the logistics of operation are
being put in place.
Rhett Seabrook
COO/Director
Struthers, Inc.
----- Original Message -----
From: kristi
To:
Sent: Sunday, October 01, 2000 4:14 PM
Subject: Distribution Facility
Dear Doug or Frances,
I just realized the end of the third quarter is upon us! Is the distribution facility
complete? If not, can you give me a time frame of when it will be? (And BTW, from
now on instead of emailing you for permission to share your email response after I
receive it, I will assume it's OK to unless you specifically tell me not to share one!)
Thanks very much. I have a good feeling about next week!
Kristi
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
TEK, Slow down buddy. I don't owe you anything. I do not know NOR do I care about who sold what and how much and who bought what. I don't care!!!!!!
I've told you before and I still believe that the last spike was not due to the longs hyping. ALMOST every OTCBB stock spiked from DEC to MAR. It was KNIGHT being manipulative, taking advantage of a BULL run on the market and a great begining to the year 2000.
We all buy and sell stocks to make money. We all have our own system, or should. I sure do have mine and it doesn't include when someone buys or sells or how much.
You can go ahead and blame the share price on management if you want, but IMHO, they are running the company and I'm glad they don't let the share price dictate what they should or should not do. This is one of the reasons they have done so well. They don't let the share price control them.
NO, it is NOT true that you need a lot of selling on a spike. A spike can happen with just buying.
You are asking a lot of questions concerning other investors and FRANKLY, I don't give a HOOT about them and what they did. In all honestly, I really don't know and don't care. I did not invest into Struthers based on what some other individual have done or will do.
Let me back track a bit. When there is good news on the horizon, KNIGHT can start raising the BID/ASK and start a buying spree, its EASY, they do it all the time. Then when the news does hit, the price slips back. HENCE, buy on rumor and sell on news. When there is bad news on the horizon, they can easily start a sell off and accumulate shares.
Marc, the bottom line is, its your money and your decision as to what you need to do.
As for me, as long as I can see STRU moving foward along the right path, I'm content. If they do something that I believe is wrong and will hurt them, then I move on. As of now, they have not, so I'm still here.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Post by Raskolnikov:
I believe that Struthers can currently do all of the following things:
1. Remove the ovaries from a genetically superior sow.
2. Rmove the ovum (eggs) from the ovaries.
3. Fertilize the eggs with semen from a top sire boar.
4. Wash the fertilized embryos disease free.
5. Implant these disease free, genetically superior embryos in surrogate sows (sows
having superior reproductive characteristics) and MULTIPLY THEIR GENETICS
EXPONENTIALLY.
6. Produce some of the best gilts and market hogs in the world; hogs that grow
faster, bigger, leaner, & tastier.
7. Grow our alliance herd at an exponential rate using the above mentioned
capabilities and thereby produce millions of superior market hogs and gilts every
year.
8. Produce gilts and market hogs that are ALL DISEASE FREE as well as free of 7
to 14 of the 14 possible swine pathogens. Therefore, every market hog produced will
be used for VALUE ADDED PORK PRODUCTS which have a higher profit margin.
9. Struthers can not only wash embryos disease free but also has technology
(Gourley scope) which enables them or any hog farmer to implant semen or
embryos INTO THE EXACT RIGHT SPOT in the sows uterus. This can be done in a
non-sterile environment and takes about 2-3 minutes per hog.
10. Struthers has built a family of companies including LSG Norsvin, Elite Genetics,
and Muller AI. Combined these companies can provide the GENETICS, AI and ET
services, vet services, feed and everything else the hog farmer needs. They are the
only company in the industry that can do all of the above at the present time.
11. Struthers has the ability to do AI and Non-surgical ET on Sheep, turkey, deer
and other species. This should enable them to create additional profit centers in
these areas. If they acquire top genetic material for these species they have the
ability to multiply the genetics exponentially. (Look for acquisition of Elite Genetics
soon IMHO).
12. Struthers just had the Grand Opening for their new state of the art BOAR STUD
FACILITY. In approximately 6 months it should have 400 boars. Together with
Struthers' other Boar Stud operation they will soon have about 600 boars....one of
the largest boar stud herds in North America. These are genetically superior boars.
13. Struthers is now capable of using just 1/8 of a normal dose of semen to get the
same results as other companies get with a full dose? This in effect will make a
boar stud herd of 600 seem like a boar stud herd of 4,800.
14. Struthers is capable of producing satellite herds all around the world. This would
enable them to sell their genetics and services worldwide (including ETs for herd
recovery).
15. Struthers has their own private label PREMIUM PORK PRODUCTS called
TenderPrime. Marketing of this product will begin in the 4th qtr of 2000.
16. Struthers has been breeding hogs using FROZEN SEMEN. This is of
tremendous importance because it enables them to store their semen and to
transport it around the world and then use it in conjunction with the Gourley Scope.
I am sure I could list many more things here that I haven't thought of. However, I
hope you are getting the big picture. Look at the trends in the pork industry. It is
clearly in the direction of VALUE ADDED PRODUCTS. That is the market that
Struthers is targeting and they will soon be able to capture a large portion of that
market.
I believe that Struthers' Alliance Herd is now much larger than many suspect. I also
believe that events that will unfold in the coming months will propel us to an even
larger Alliance Herd. I believe that Struthers will be able to produce millions of
market hogs even in 2000 and that should grow dramatically in 2001.
LET'S DISCUSS POSSIBLE MARKET CAP FOR A MINUTE.
Supposedly, Wall Street is looking for companies with good revenues and high
revenue growth rates.
Can you imagine how much Wall Street would love Struthers if it did over $1
BILLION in revenue in 2002? What do you think STRU's market cap value be?
One way Wall Street values a company is to look at Sales Revenue and Revenue
Growth Rate. Often, a company's market cap is a multiple of sales (called PSR or
Price to Sales ratio).
If Struthers' was given a PRICE TO SALES RATIO of just 10 and revenues were $1
Billion....the market cap could be $10 BILLION.
Let's say the OS was a nice even 400 million shares at that time....then the share
price would be $25.
What if this happened in the next two years and you owned even 100,000 shares?
You would be worth $2,500,000.
If you owned 250,000 shares, you would be worth $6,250,000.
****************************************************
Remember that it is all about Revenues and Revenue growth rate. Also remember,
that Struthers' has a very healthy profit margin in each of its profit centers.
Cheers
Reasons for Bashing
You can short penny stocks in Canada. Is it just a coincidence many of our bashers are from Canada? I think not. Also, we have the privilege of having one other type basher not covered in this post. We have bashers who trash the very stock they own. They buy the stock, trash it, then are irritated that the share price is so low. I have heard the motivation for this is to get back at those who talked them into buying in the first place or the belief that the message boards really don't affect share price all that much and they just wish to vent. (THE BOARDS DO AFFECT THE SHARE PRICE) I believe the average investor in penny stocks does very little research. I believe that the majority will check the message boards, (Raging Bull) being the most popular, and try to establish a feel for the stock based on a limited number of posts they decide to read at the time. These bashers should realize that the people they hurt most are the investors who bought in at a high price, not those who sold at those high prices. For STRU to draw new investors, more posts need to talk about the accomplishments of STRU and less trying to trash it.
This is a long post, but hang in there. For those of you who are rather new to penny stocks or, for those of you who panic easily, let me explain what is going on here. First, as you can see, we have a lot of bashers on the RB STRU thread. First question is, why? Obviously they do not own any shares of STRU, so why are they here? Why are they wasting their time attacking STRU?
Do you believe in coincidence? I do, but only to a point. These current bashers, and the ones who have been here for a while, are not here by coincidence. There is a method to their madness.
There are four basic groups of bashers:
1) Actual Market Makers themselves, signing on with a screen name and bashing a stock that they are a Market Maker for. This has happened quite often in the past. Earlier this year, a guy named Jerome Rosen was nailed by the SEC for bashing a stock. Click on this link to find out who Jerome Rosen is, and who he works for:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=SYMY&read=1931
This next link is a conversation the CEO of SYMY had with Rosen. At the time, the Market Makers (especially ALEX and Knight) were beating this stock down (manipulating the price), despite great news that kept coming out. The CEO wanted to ask Rosen a few questions:
http://www.ragingbull.altavista.com/mboard/boards.cgi?board=SYMY&read=1884
Here is a link to an article from OTCNN:
http://www.otcnn.com/articles_archive.html?id=960995700
Are you now beginning to understand just how low people will go to beat a stock down? When a Senior Trader for a Market Maker has no problem doing this, what chance do the rest of us have to a fair market? None! By the way, the last I heard, Rosen still works for ALEX. He got a little slap on the wrist. If he were in any other line of work, he would have been fired on the spot. That, in and of itself, should tell you the mentality of the Market Makers. I'm sure the only thing ALEX was upset about was the fact that Rosen got caught. If they had been disgusted about what he did, they would have fired him, yes?
It's all for the money, pure and simple. They don't care about the average investor. When you couple this fact with the incredibly bad market since March, it makes certain groups of people stoop even lower just to make a buck. The Market Makers are suffering during this bad market, too. Volume this year, compared to last year, is down about 85% or so.
2) Then you have the people who are paid by the Market Makers to go onto a message board and tear that particular company apart. It's nothing personal against the stock. They are simply being paid to do this. Last year on the Bobz board, no less than a dozen big time bashers had their IP address tracked by a small group of computer wizards. Every IP address ended up at the same company in Arlington, VA. This company is an ISP (Internet Service Provider). These bashers conducted a boiler room operation and attacked stocks for money. Once this information was posted on the Bobz board, guess what happened? Save one, every one of these bashers vanished -- poof, into the night. The one basher who didn't vanish, actually admitted he was a paid basher. He admitted that he was paid by a Market Maker to crush certain stocks on the message boards. Of course, he wasn't the only one doing this. There was a whole group working together.
3) The third group are the 'shorters'. These are people who bet that the price of a stock will go down, not up. In this bad market, a lot of shorters have made a killing shorting stocks. You can short a stock if you live in Canada. You can also short a stock if you live in The United States. All you have to do is open up an account with a Canadian firm, and trade from that account. Before anyone here says one word, yes, you can do this. Period!
They will attack a stock with a vengeance, and they do it in groups. That's the only way it can work. Just like how investor groups get together for a MOMO (Momentum Play), these shorters get together, go a message board, then start attacking the stock. They also use multiple screen names to make it look like a lot more bashers are here, than there really are. If they can scare the shareholders who are not aware of these tactics, into selling their shares, they have won. Don't kid yourself, there is a lot of money involved here!
With the above 3 groups, bashing a stock with truthful statements is not their concern. These groups don't do a lot of research on any company. They show up, lurk for a while and read a lot of posts in order to get a feel of what is going on, and they zero in on the posters they believe they can attack the quickest. Their main goal is to discredit the board leaders. Take down the leaders, and the rest is easy.
Their main job is to try and raise red flags to the investors. They want and need to create doubt in their minds. Mind games. It's all about mind games, and they are very good at it. When you see all the different typing styles from these bashers, many times, some of these screen names are the same person. They have to change their typing style so as not to get caught. That's why you see some posts that are very neat. Others can't seem to spell anything correct. Others type in ALL CAPS. Others will type their message partially in ALL CAPS, and partially in lower case. It's a game. They can't take the chance that others will compare writing styles of several bashers and figure out it's the same person. They try very hard to avoid this, because quite often, bashers are caught doing this. I have caught them doing this.
However, they also will take any information that comes from the company or, information in their filings, and they will SCREAM IN YOUR FACE! It's all doom and gloom. The company is finished. It's a pump and dump, yada yada yada. These posts are no different on this thread, than they are on just about every OTCBB message board for every stock on the internet. These posts are clones of each other. No matter which stock thread you check out, you will see the same kind of posts.
Notice how the bashers here at STRU jumped all over that reverse split comment? The CEO never said they were going to do it. In fact, he doesn't a R/S. He simply made a statement that "its not being considered at this time'. When you run a business, you always have to 'consider' everything. That does not mean you have to follow through. The bashers must have been drooling at that statement. That was the ammo they needed to jump all over STRU, and what did they do? You know what they did.
4) Then you have your normal bashers: Malcontents; the mentally unbalanced; people who love getting into it with other people, etc. It's hard to deal with this group, because they don't really have a monetary agenda. They are just here to cause trouble. Unfortunately, they somehow managed to gain access to the internet.
The bashers, especially the ones who have something to gain (the first 3 groups), are here for one reason: To get you to sell your shares. It doesn't matter whether it's STRU, or any other stock. To them, they don't care. It's just a job. Whether they are shorters, Market Makers, or people being paid by the Market Makers, that is their goal. Their only goal. Period.
So, for the people who are new to penny stocks, when you continue to see the attacks by the bashers on STRU (or any stock), ask yourself these questions: "Why are they here?"; "for what purpose?"; "to what end?"; "they don't own any shares of STRU, so what gives?" Other than group number 4, they each have their own agenda, and sadly, it comes down to M-O-N-E-Y. Nothing more, nothing less.
If you are comfortable with your investment, and believe STRU will be a winner, then keep your shares. If you are not, then sell and move on. No one forced you to buy shares of STRU. You did it with your money. You made the decision, not us.
Sorry for the long post. Good luck in all your investments.
Special thanks to Dr Crovatt from STRU RB who re-posted this from IFTP board. I modified it and re-posted it here.
Cheers
To All: Following is an excerpt from a newsletter of a stock group I belong to.
This time of year is always so bad, happens every year, with damn few
exceptions. Much of it has to do with adjustments that Mutual Funds
make of their portfolio's compounded this year with the bad taste left
from the raping investors got this spring. Don't ask me the why of
Mutual Fund adjustments, I just don't understand it all. Someone
smarter will have to explain it to you.
I think I mentioned a buddy of mine that invests only four or five
months a year, and makes big bucks, maybe we should all do that.
Anyway, for lack of something else to discuss, lets look at how he
does it, at least the way I understand he does it.
In September, October, and sometimes early November, he does all his
buying. Buys around $200,000 worth of stocks. He holds the stocks
until the end of January, February, latest early March. Then sells
everything and goes to all cash, sometimes he will put most of the
money in a 6 month CD, from March to August. Then when
September/October/early November comes around he will start to buy
again. Does this year after year. He said he never invests more
than the $200,000, if he has a large overage left from taxes, and
instead of spending it goes into property, long term CD's, REIT's paying good
interest, etc.
Does he make money, yes, more than I do, that is why I keep thinking
about it, however for a stock market 'junkie' like me that would be
boring. Earl claims he has made at least $50,000 the worst year,
and this last year made almost $300,000. He sold when the rest of us
were caught up in the hype of stocks going higher and higher. Takes
guts to follow his system, but it works.
Stocks with a tradition of dropping in the fall and raising in the January/February
are prime contenders. Also stocks down by some temporary situation,
or just down for no reason at all.
Of course, Earl really has to have a set of (excuse me ladies for the
expression) "Brass Balls" as he is really doing the complete reverse
of what everyone else is doing. While most are sitting, scared to
death, watching their stocks go down and down. Earl is sitting there
with cash, and having only one decision to make, "When is the stock ,
in his opinion, at or near it's low so he can buy." He says that if
a stock has dropped constantly, and then goes up a bit, or holds for
few days, that is usually the time to buy. The stock may go down
further, but usually not to far. He loves stocks with a patented
technology, making money, or near to it. He is probably one of the
purest disciples of the "Buy low, Sell high" theory I know.
Fearless, ---buying when folks are hiding and scared to death, and
selling when everyone is watching the market go up. Smart, very
smart indeed!
He also says investing only 4 or 5 months out of the year is LESS
'stressful' he can relax all late spring and summer, not worry about
the market. Hell, Earl is, HOPING, the market goes down in September,
the more the merrier for him.
Cheers
TEK, Marc, I did a little research into IFTP and you're not being fair to me. CSUPROF did not do any analysis, per-se.
The CEO of IFTP provided the projected net earnings and he did so only after achieving profitability.
Struthers has not achieved profitability yet and STRU's CEO has not provided any projected net earnings. One can only do a guess in the 'SKY' with no history to base the projections on.
I wonder how much faster STRU would grow if they had an Infomercial telling about their genetics and product line?
STRU starting making money in Nov 99, and as of 2nd Qtr of 2000 the EPS was (0.0014).
I do expect STRU to be profitable by the end of the 4th Qtr, this is MHO.
A lot of shareholders have been in STRU for over a year, a time when nothing but R&D was happening, very boreing.
Begining of 2000 we see where the R&D is about to pay off and a lot of shareholders over estimated the pay-off.
But the fact still remains that STRU is for real and is in BETTER shape than they have ever been and getting better.
I predict by the end of the 1st Qtr 2001, we will be able to see clearly where STRU is going and how fast they will get there.
You once stated the you have been in STRU for about 4 years, and so have others. Back then when STRU was NOTHING but a CONCEPT, a DREAM. Now that STRU is for real, now that they have implemented their concept and executing their plan, making their dream come true, we see a lot of shareholders becoming restless and very doubtfull.
Makes me wonder about these shareholders.
Is STRU still a risk, yes ALL STOCKS are risky. But STRU's upside POTENTIAL is ENORMOUS and makes me excited.
Marc, I know this is probably not what you expected as an answer, but after STRU obtains profitability we will start to see lots of talk about net earnings.
Hope you're having a great weekend.
Cheers
BleckGirl, you do a great job on the My Favorite things tune.
I really enjoyed it. Thanks
Cheers
BleckGirl, Becky, thanks, you are one of my most favorite posters.
I always look for your poems to brighten up my day.
Thanks to the jacuzzi I was wearing lots of bubbles until... LOL
Cheers
TEK: Ok, Give me the weekend to work on it. I have done it a few months ago for myself
but things have changed. Plus, its a little bit tougher since you have to figure in the growth
time of the piggies, LOL
Cheers
Robert, Thank you. Hope you are doing well.
Glad to have some cool weather. Now if it would just
stay like this. Too used to Hawaii's weather.
Cheers
To All - the INTRO box has been updated (eom)
Cheers
Highlights of STRU Filing (previous INTRO box)
What follows are selected excerpts from the official SEC Filing by Struthers Inc, with certain items in bold.
Form 10-12G/A for STRUTHERS INC/SC filed on 28 Aug 2000
Principal sources of revenue are through the sale of gilts (young females that have not given birth to pigs), mature boars,
barrows (castrated male hogs), semen, artificial insemination supplies, embryo transfer services, including embryo transfer
equipment and training.
The Registrant began in 1998 developing a semen delivery system for use in artificial insemination which is now commercially available and a non-surgical porcine embryo transfer system which to date is not commercially available. Embryo transfer is the ability to remove an embryo from a genetically superior animal and introduce it into a surrogate host (mature recipient female). This has been done successfully, commercially in other large farm animals but has never been
successfully commercialized in swine due to the intricate nature of the swine reproductive system.
The Registrant believes that swine industry demands for accelerated genetic advancement and selection will be met by the safe and cost effective Struthers embryo transfer system and the use of the Registrant's superior genetic line (breeding stock, semen). The Registrant believes that embryo transfer and genetic implantation will become the principal commercial vehicle of genetic sales and exchange in the swine industry as seen in other animal husbandry industries (i.e., cattle) and will lead to new and innovative breeding strategies for the direct selection of lean high quality pork. Registrant believes by utilizing the combined benefits of Struthers superior genetic line and embryo transfer technology, profitability is increased while the risk of disease transmission is reduced.
The Registrant has perfected the surgical Embryo Transfer System and is currently improving the procedure to
include the non-surgical implantation of embryos. The Registrant anticipates including this technology into its
overall marketing plans during the fourth quarter of 2000.
LSG is currently able to supply seven superior lines of swine genetics. All genetic sales (semen, live animal sales, and
embryos) will occur through LSG.
The Registrant has entered into written agreements with 11 separate swineherd operators (gilt multipliers) consisting of
approximately 28,500 swine to provide breeding gilts and barrows which will be used to increase the sales of semen, embryos and gilts, as well as the sale of farm fresh pork products.
The Registrant currently has alliances with five swine producers for the rearing of our superior genetic line of hogs for market
under Registrant's specific developed programs in order to fulfill the needs of identified meat packers.
Currently, Elite Visions, Inc., a wholly owned subsidiary of Registrant, is constructing a meat distribution facility for the
Registrant's Tender Prime(TM) line of meat products in Waukon, Iowa. They are also, in the product development and testing phase of the Semen Delivery System and the Embryo Transfer System, incorporating the Gourley Scope (TM) in order to make implantation of swine embryos non-surgical.
Muller, A.I., Inc. a wholly owned subsidiary of Registrant, provides wholesale and retail marketing of artificial insemination (AI) supplies, and equipment. Provides boar stud and breeding facility-consulting services consisting of facility design, feeding and health maintenance, and AI training programs.
Registrant is a member of the National Pork Producers Council (NPPC) and the International Embryo Transfer Society (IETS) and utilizes resources made available by these organizations (i.e., training, education, and research papers).
At present, the Registrant must compete with both national and international swine genetic companies that are vastly larger in scope and resources. However, to date, these companies can only provide genetics via live animals and semen sales
to producers. However, to date, not one company alone supplies all of the services that the Registrant can and does supply, i.e., semen, gilts, boars, artificial insemination supplies, the reproductive technology of the semen delivery and embryo transfer systems, animal husbandry and facility design consultation and training.
Employees: The Registrant and its subsidiaries employ a total of 31 people.
The Company's current stud boar unit located in Bricelyn, Minnesota, with 206 Great Grand Parent boars that produce semen for sale, will be augmented by the addition of a new state-of-the-art stud boar facility also located in Bricelyn that will house 400 additional boars. To date, the new facility is not operational due to construction delays, but the Registrant believes that it will be operational during the fourth quarter of 2000.
Authorized to issue 906,520,000 shares of which 900 million shares are common stock and 6,520,000 are preferred stock.
369,969,921 shares are issued and outstanding as of August 15, 2000.
As of June 30, 2000, the Registrant had net working capital of $4,761,782
$305,715 in accounts receivable
$610,066 in inventories of animals available for sale.
As of August 15, 2000 there were approximately 1,503 holders of record of the Common Stock.
................................................................Jun 2000...............Dec 1999......................Dec 1998
TOTAL REVENUE................................... $1,783,059.............$1,278,712...................$1,447,284
NET LOSS.............................................. $ (784,954)..............$(597,861)....................$(524,129)
TOTAL ASSETS................................... $12,283,475..............$5,348,491.........................$2,278
TOTAL LIABILITIES..................................$4,176,755..............$4,756,817...................... $87,643
TOTAL LIABILITIES AND -
STOCKHOLDERS' EQUITY.....................$12,283,475............ $ 5,348,491........................ $2,278
The Registrant currently generates an average of 450 gilt sales per month with an average sales price of $195 per gilt gross.
The Registrant expects to generate approximately $1.25 million in gross revenues during 2000 from Gilt Sales
Each boar produces 1,200 doses of semen per year with a retail price per dose of $7.00. This equates to a maximum of $8,400 in gross semen available for sale per boar per year.
The Gouley Scope has been used effectively in semen dosages of 1/8 the original amount.
Boars - Boars are sold on an individual basis from LSG breeding stock at prices ranging from $500.00 to $5,400.00 depending upon lineage and quality.
The Registrant agreed to purchase animals based on the Iowa-Southern Minnesota Price Index commonly used at hog
processing plants on live animals based on per 100 lb. weight live - (example: 250 lb. live animal X $50 per 100 lb. weight =
$125 for the animal) on the day of purchase plus a genetic bonus of $13 per animal for A-B Duroc animals and $10 per animal for Fairmont Finishers animals. Only animals that after visual inspection meet desired requirements of weight (240-250 lbs.), muscle definition, and good visual and documented general health status (no coughing, runny noses, physical injuries or defects, veterinarian records, etc.) are selected.
Current premiums paid by meat packers for our top quality hogs range from $9.00 to $22.00 per hog. Percentages paid to
alliance hog producers vary on a per contract basis, but generally range between $4.00 and $5.00 per hog
Cheers
Tek, I agree with you to a point, but sounds like you have been listening to CNBC too much, LOL.
Investors were buying on just pure speculation, but contrary to what most are saying, investors have not stopped speculating, they are now requiring to see some revenues to pair-up with the speculation. But this is on the major exchanges.
Penny stocks HAVE ALWAYS been and ALWAYS will be SPECULATION!
You sound like STRU has NO revenues. Lets tell the whole story. Year ending 1999 they had 1.2mil in revenues and during the first 6 months of 2000 they had 1.7mil in revenues. They have revenues.
If one would analyse Struthers starting from Aug 99 to present, one could see that STRU actually starting doing business during the last quarter of 99. Also, one would see that STRU has made great progress in their business model and still making great progress while increasing their assets and building revenue streams..
Share price isn't going down because investors have stopped speculating, there are many reasons for the share price.
1. Many bought in due to investors predictions - wrong thing to do. While STRU has missed a few of their own predictions - most were investors predictions. We all know why the opening of the BSF was delayed, but it finally opened. There are many reasons why STRU went pink and I'll leave that as is.
2. STRU did go pink - not many investors were happy with this.
3. The Tech-Bubble busted on the NAS causing many to cover their margins and making them weary of pure speculations.
4. Idiots on RB trashing the very stock they own. Does this make sense? Why buy a stock and then trash it? Kinda like buying a NEW home or NEW car and trashing it. Then when you sell, you're ticked-off because you lost money. Wonder why. These idiots trashing STRU is shooting themselves and the rest of us in the foot. Causing the ordinary investor to move on which is why we have been dropping a penny here and a penny there.
The ordinary investor doesn't do DD, just a cusory glance to include (chiefly) the investment boards. And when their indicators (what-ever-they-are) turn south, they sell and move on. Most don't make much money, but its their money.
5. Until the idots on RB stop trashing STRU and start talking about all the accomplishments of STRU which will draw new invvestors, the price will continue to drop. The only way the idiots are going to stop trashing STRU is for STRU to make them happy and I think that is impossible with these idiots.
6. The only other way to stop the price from going down is for STRU to get off of the pinks, file the 3rd qtr financials and release a few good revenue building PR's which will bring in more heavy investors which will OVER-SHADOW the idoits on RB.
Well, thats my two-cents worth.
Cheers
BleckGirl, Becky, thanks. We had a fantastic time.
Went to Casino Magic in Biloxi, MS, got the top floor suite over looking the
Gulf of Mexico, and the jacuzzi and the mirrors were located in such
a way that we could watch the sunset while in our jacuzzi
in the room filled with bubbles and a bottle of champaign.
That's how we spent the afternoons.
Then we gambled the night away and slept during the day.
It was fabulous!!!!!
Can't wait for the next anniversary. LOL
Cheers
Rmg110, Robert, thanks for the BSF re-cap. It is very appreciated. I regret not being able attend.
As of now, yes, I am planning to be at the shareholders meeting.
Robert, I know what I have in STRU so I stopped fighting/discussing/arguring or whatever with idiots
over on the RB. And you know what? I feel better for it.
I glance over there ever-so-often but thats it.
I really do appreciate everyone who comes over here to discuss STRU in a civil and Intelligent manner.
As the saying goes, "If they don't know how to invest - well then F--ck-em"
Cheers
BSF photos annotated
http://pigtale.com/bsf3/
#1 weenie (Denis Weber); has logo about STRU on his truck because he love the
pig so much.
#2 Group photo- magnificent seven- at farm house; holding baby pigs born from
non-surgical ET and the Gourley Scope.
#3 Doug Beatty; doing media interview.
#4 BSF (interior); autofeeders
#5 Lab Shot
#6 TV interview; Doug Beatty to right; intererviewer holding one of magnificent seven
#7 Parking lot shot
#8 Auto feeder; inside BSF; each boar gets fed differently via a computer program.
#9 Auotofeeder
#10 Doug Beatty (left); Greg Lynch (me; right); holding one of the babies born via the
non surgical ET and the Gourle Scope (GS).
#11 Ribbon cutting shot
#12 Christian Chiari (left); Bob Chiaria (Middle); PizzaKing (left); unknown person to
far left..Bob Chiari was responsible for "saving" the company during 1998.
#13 Autopacker
#14 Parking Lot and tent; there was a large tent for food serving, etc.
#15 Doug Beatty (left); Dennis Weber (weenie) to right; holding baby pig from
non-surgical ET and GS.
#16 Media and parking lot
#17 unknown person in lab - it may be Randy Muller- unsure.
EOM....
Cheers
Just now catching up on things. Been away on my anniversary.
Thanks Ragin Cajun for the article.
Hope all is well with everyone.
Cheers
Another report from TopPenny..just finished seeing the 7 piggies...they are supposedly 3
weeks old, but TopPenny, being an ex-farmer...said they were huge..very healthy..
They are in a trailer...at the house that Struthers owns in the area. BKR is currently staying
there, while in the area..BkR is getting fired up..did he threaten to "streak" in front of the
camera's to get on TV??? ask around...I think this house has been posted on Weenie's
picture site in the past.
Learned that the Struthers Sows sell at the following prices..$85 above market if they are
the outside sow..and $95 if they are the inside, confined sow..Greg Lynch is asking alot
of these types of questions, so I am sure he will enlighten us........
Cheers
More from Bricelyn..from the reporters...
Apparently, there is a basement in the facility, where guests can stay..bedroom and
conference room. It was described as a place where a potential buyer can stay and
watch by closed circuit TV, any particular boar, one that he is interested in, watch him
being "harvested"...etc..
Estimated 100 to 200 people there.
Radio advertisements have been appearing on that big radio station for the last 3
days.about 40 per day.
All semen samples and all boar activity is individually monitored by computer...can be
accessed at the facility or in Charleston..
Robert is Jizzed up...hehe..getting late..Very excited, this has exceeded his expectations.
All Cell phones are going bad..will only call if they get the names of the piggies, or if they
learn something exciting.
Cheers
TopPenny from Bricelyn..
Back up generator in place in case there is a power failure or if the power company asks
them to reduce power consumption..during peak months..if they use the generator, then
they get reduced rates from the power company.
Waiting until later to name the pigs. Announced that they had 850 names and that Dr.
Gourley, the surragate father, would be picking the names, probably later, by blind draw..
Just had the ribbon cutting ceremony..Doug read a letter from Senator Paul Wellston,
who could not attend, then had State Rep, Henry Kalis help with the cutting.
Now off to another facility, about 7 miles away to see the magnificent 7...as Doug called
them..they are also in an element secured facility...
Gave an award to one of the boys from 4H..Doug may have been on a National TV
spot...don't know for sure.
Met BKR..looked tired..going to stay in the area, thru next Wed..to get computerization in
place for reporting from the other facilities...better get back for the filing..
Hasn't seen Lou yet..
Cheers
live Up-date..Bricelyn...porkPie@ and Sweetheart..
Went thru the facility..real impressed..Bio controlled..
Waste is collected in an underground tank, 8' deep, 40' wide, and 400' long...no
odor...stored 2 years before needing to be pumped. Water filtered before given to pigs.
Feed is controlled according to each boar..
BBQ tasted great..
Cheers
Greasdpig, Thanks a million for your efforts. It is well appreciated. And special thanks to SouthCal and Required who helped.
Also, many, many thanks to our reporters who are willing to share what they are hearing and seeing at the new MSF opening; Rmg110, TopPenny, Weenie, Sweetheart, and PorkPie2.
GREAT JOB EVERYONE!!!!!!!
Cheers
Bricelyn Update..from RMG...
Robert is really impressed. "Very, very nice," said Robert, "I am just a city boy and I am
impressed...just think if I knew what I was seeing. Everyone here is very excited."
Dr. Carleton, famous and leading Vet in USA was heard saying, " This is the #1 Boar facility in
the US..very state of the Art".
Robert said that WNAX, the large radio covering the event, reaches both Dakotas, Neb,
Minnesota, Kansas, Missouri, and Iowa.
Per BKR...and he said we could quote him...DOUG OWNS ALL OF THE 'C' SHARES...
When asked about the filing...all BKR would say was that SEC has until Sept. 28 to return their
questions and comments if they have any. Then, it is all hands on deck to get them answered.
They are real proud of the filing and want to get off the pinks. In fact, Doug has suspended all
vacations for anyone associated with the filing..this includes accountants and legal. All are
anxious.
Robert also reported that they do not intend to sell the gorley scope. Dumb...more money
made in selling the technology...have others make it and pay a royalty..I think...??
Good Report Robert...
The whole staff is there...Brett, Doug, BKR, hasn't seen Frances, Bob Chiari and his son,
Christian, Dr. Gorley, Brett..
Cheers
Live from Bricelyn..BSF..TopPenny..and wife.
Went on the first tour..very impressed. Tour given by Brett Legred..Brett was very passionate
about what is there and what they are doing. Saw the Auto Sealer in place. Remember, that
was the device they were waiting on. Got at a reduced price..
Brett is the backbone of the operation. Real valuable and passionate.
Went thru one of the barns. There are two total. Each barn holds 201 boars. All have an
individual pen, altho there are some areas where 2 or 3 boars can be stored together. They are
only giving tours at one barn, because they have to sanatize it after the opening. They say all
will be full within 6 months.
At one end, is the shower. All boars go thru the shower at entry. There is a lounge at that end
for the staff. Then there is a microscope and semen packaging aresa. After that, a cooler.
They do not want to "shock" the semen, so they are very careful about the rate that they cool
the semen. Then to storage. The storage is kept at precisely 62 to 64 degrees F. Tightly
controlled. Lastly, there is the packaging and shipping area where the semen can be shipped
by UPS.
There are no pigs in the barns at this time. But, there are approx 118 currently in isolation at a
facility not far from BSF. All pigs have to go thru isolation before coming to BSF..run tests,
blood, and others to make sure they are adequate.
Interesting to TopPenny..There is also a place there for Sows. They will be able to bring in the
sows and implant the embryo and then send them on their way.
Brett described the embryo transfer as real exciting. Done regularly with Cattle but very difficult
with pigs due to the location. Gorley scope makes it easy to properly place the embryo.
Second time this is reported: Gorley Scope is not for sale. Make more money selling the
technology..says Brett with a grin..He has an idea, and was pretty secretive.
2 radio stations there. 1 guy running for state senate..75 to 100 people there..coming and
going..
pizza king and Ray Webber there.
Cheers
Live Radio coverage at Bricelyn..from PorkPie2 and Swhrt...
WNAX 570, out of South Dakota is doing a live broadcast...using a scan button on your radio,
you should be able to pick up the live broadcast in a 1/4 million square miles area..(that sounds
big)
Lakes TV, from Spirit Lakes, Iowa is there doing video coverage. They are working on a
Corporate Video.
Porkpie and Sweetheart were standing in the BBQ area...smell was wonderful, mouths were
watering...Real festive event, very exciting. Currently doing some filming inside where the
Gorley Scope is at. Can't get in there due to the noise interuption..
Rmg, weenie, Strunod, PigPearl, Jl, RedDurok, Porkpie2, and Sweetheart are all there...
More later.
Cheers
Live Bricelyn...from Rmg110...Tracy McGraw interview...
Tracy McGraw, manager of the new Waukon facility is at the BSF and granted Robert,
Rmg110, an interview. She said that the facility is ready, it is operational and she is excited
about her new position with the Struthers Group of Families. As you know, Tracy has been with
Elite.
Tracy explains that Lorenze Meats will be doing the first Slaughter on October 5. Lorenze will
cut, vaccum, and package the meats. They are expected to be in Waukon by October 12..and
then be ready to ship out to the customers, sometime between the 20th of October and the
end of October. Tracy stated that Lorenze has a very impressive, nice, new and large facility..
Rmg is there with Stunod. Has seen BKR and has met Christian Chiari...Christian said his
father, Bob Chiari, will be there.
Robert said the place was very exciting. Hasn't been there long. Will call back later.
Cheers
Live from Bricelyn...Sweetheart and PorkPie2...
This report is to give you a feel of the area. Both stayed at lodging in Blue Earth Minnesota,
some 20 miles west of Bricelyn. Several news crews from neighboring states were staying
there also.
The drive in, was described as beautiful..Lots of corn fields and Soy bean fields. Farm houses
and silos dotting the flat countryside. Some trees, but only in clumps, here and there, to make
room for the fields.
Weather is cool, with lots of sky. Some clouds, but sunny over the BSF. Standing at the
entrance to the facility, you see a long dirt road, approximately 1/4 mile, leading up to several
low to the ground, white, emmaculate buildings. All are in the middle of fields. On the left is
Corn. On the right and to the back, is Soy Beans. Not many trees, but real pretty. Several
large, round bales of hay are stacked near by.. There is an American flag flying and what
PorkPie believes, is a Minnesota flag. It is somewhat cool, but, their Struthers shirts are
providing enough protection.
There are approximately 20+ vehicles there now, but 5 more are just now arriving, and it is still
an hour before things kick off. Most are Pick Ups. One just arrived with two pig displays in the
back..one was pink and the other white. There is a big John Deere tractor in the area. There
are cameras being set up everywhere. News people are here from all neighboring states.
Sweetheart and PorkPie say they are thrilled about being there. They drove most of the night to
get there. They have their Struthers shirt and ball caps on and are proud to be wearing them..
Stay tuned......
Cheers
More News from BSF Grand Opening..Weenie..
BSF OFFERS COMPUTERIZED 24 HR. SCANNING AND COLLECTION
Weenie, Raving Reporter, lines up interview with Mariano Raigo, Struther's computer expert
out of Charleston. Mariano is responsible for writing a installing computerization of the semen
collection stations at the BSF, as well as Computerization of the Struthers Group of Families.
Says Mariano, "This is definately, a 21st Century Facility. It is THE MODEL FACILITY for the
next Century." Weenie was conducting the interview, in the Semen collection area. Mariano
reports that each cage is numbered so each location can be monitored separately. The room
is equipted with cameras that are connected through closed circuit networking, so that 24 hour
monitoring can take place from 3 places, the office, the Operating Room, and from the lab. The
camera scans each location with excellent vantage point viewing. This Closed Circuit viewing
is necessary since the entire area will be sealed off and sterilized, once the Grand Opening is
finished. At that point, the only viewing will be through the TV Monitors.
Mariano also stated that he will be responsible for connecting the various "family of companies"
for reporting purposes. He said that they are even installing Video Conferencing, making it
easier for efficient timely communication between operations..
Finally, Mariano said that the semen gathering has become totally computerized. Each boar is
monitored to determine when it is ready for "harvest". Each Boar is on a different cycle.
Non-computerized facilities require inefficient methods for harvesting the boars. At Struther's
state of the art facility, all stations are monitored to give Struthers the opportunity to harvest 6
days a week, rather than two days a week..and with less manpower...and no loss production
opportunities..(this editor is holding back any side comments..he will leave that to his fellow
editor..SouthCal...)..no, I guess I will take one shot..They do have to rest one day, don't
they...hehehehe..sorry, last one.."Obviously", said Mariano, this makes this operation very
efficient."
Weenie also reports that the feeders are all automated. As you know, Weenie has been to the
facility before..just recently..but, he is extremely impressed. He couldn't believe how nice it
looks with all of the equipment and furnishings. He says there are tents set up outside to greet
the guests...TV and radio there..had breakfast with a radio out of Yankten, SD, KNAX...He is
taking lots of pictures. More later.
Cheers
Word From the BSF Opening--- Special thanks to all of our good
friends who are at the BSF opening who are cailing back to report.
AND to greasedpig for posting it all on the RB.
Dateline...Bricelyn....Headlines..
PorkPie2 reports in..arrived at hotel, 20 miles from Bricelyn...Beautiful Day in the area..hopes it
holds.
Wakes up this morning..has the local newspaper at his door...The Faribault County
Register...Weekly (apparently) release...Headlines on the paper:
"World's Finest Boar Stud Facility Opening in Area"
Nice article, quoting Brent Legred...
Stay tuned ...more to come..
Cheers
MASDAQ = NASDAQ --Sorry. eom
Cheers
MASDAQ and OTC Relationship---
NASDAQ Hampering the OTCBB Recovery
-- Giando Argentina talks about the relationship between a falling NASDAQ and
the recovery of the OTCBB. The consensus seems to be that until the NASDAQ can
find a bottom, the good times may take a little while longer to develop. Volume
in the OTCBB still seems to be fairly strong, more so than in the summer months.
Read full story: http://www.otcnn.com
Cheers
MASDAQ and OTC Relationship---
NASDAQ Hampering the OTCBB Recovery
-- Giando Argentina talks about the relationship between a falling NASDAQ and
the recovery of the OTCBB. The consensus seems to be that until the NASDAQ can
find a bottom, the good times may take a little while longer to develop. Volume
in the OTCBB still seems to be fairly strong, more so than in the summer months.
Read full story: http://www.otcnn.com
Cheers
OTC:BB Headliner:
SEC Fair Disclosure Rule will Compel Firms to Disseminate “Material” Info
Faster
-- Company press release may come out quicker, and analysts may have to wait
like for ‘big news” just like the rest of us when the new SEC Fair Disclosure
Rule takes effect October 23. The rule requires publicly traded companies to
disseminate “material” information to the investing public by means of press
release before or concurrently with its disclosure to securities analysts,
institutional investors and shareholders. This is what many investors have
been hoping for for a long time…
Read full story: http://www.otcnn.com
Cheers
BleckGirl, Sec Filing---
First, lets get one thing straight,there are no dumb questions.
You are a bright, intelligent, and talented individual and don't let anyone say anything different.
Got it!!!!!!!!!!
Now,
***Fact - STRU filed on Aug 28th.
***Fact - SEC has 30 days to respond.
***Fact - If SEC does NOT respond within the 30 days, STRU can apply to be relisted on the OTC. Will they?
***????- If SEC does respond by the 28th, how long does STRU have to answer?
..... Well, to answer this, lets look at the first filing.
..... When STRU first filed, SEC has Sixty Days to respond. BUT, STRU must be able to answer any and all
......questions during the SAME 60 day time frame. Now what happened? The SEC responded with 7 days to go
......before the 60 day deadline. If STRU is not able to respond before the sixty day cut-off, then STRU would be
.....listed as a defunct company. This is why STRU withdrew the initial filing. They did not want the classification
......of being defunct. Also, the first filing was in conjunction with the SEC clean-up of the OTC.
Now the second filing is not in conjunction with the SEC clean-up of the OTC. The SEC is treating it as an initial
filing. With all initial filings, the SEC has 30 days to respond. If they don't the the company is listed on the exchange.
BUT WAIT, the SEC can come back with comments and questions after the 30 day period (after STRU has been re-listed). If they do, then STRU has 30 days to respond, if they do not respond within 30 days, they get the (E) for another 30 days and after that its back to the pinks.
Cheers
Cheers
Hi Matt, Great Job, The search engine puts all the links on one page. This is super.
Hope Gordon didn't bother you too much.
Take care bud.
Cheers
Lloyd
Cheers
To All:
Letter from Doug on 09/17/00
< Dr. Crovatt, please send me a short note(or long) to give me permission to
< place the e-mail I sent you on the STRU web page under my CEO corner...I
< will not break any confidentiality with shareholders if they don't wish the
< answers I send posted to our web...I have received numerous requests to
< place these answers to the web...however, as you know I can't answer
< everything...and in that case I'll note that in any of my replies. The
info I gave you was not sensitive , however, I did not realize the impact it
< had on old and new shareholders...great work by the way on keeping
everyone informed as to the progress of STRU...it makes my job easier. I can spend
< more valuable time on our fast growing company than answering the same
< questions over and over again...Although, I enjoy speaking with
< everyone...it is time consuming...and a very rewarding part of my function
< as CEO. It is hard for me not to take the calls, however, what you and
your team members do does not go unnoticed and I am grateful that I can call
upon you and the others for help. As an aside note we are now going to be
< published in Germany...this is due in part to someone who posted the PR on
< the new piglets by wire all over the EU...great job! Even though we also
< send information around the globe it always helps when folks receive the
< info numerous times ...they finally take a look. I will also send out to
< all, the ads and interviews when we do them so no one is left out....the
< word is spreading...and we are no longer STRU WHO?
< Well I'm off to the plane for meetings out west and for the boar stud
< opening....and we are very excited!
Best regards and please have a super week. I look forward to meeting with
< you and everyone at the Shareholders meeting...we have planned a super
< meeting with all of our vets and your team members at STRU present.
< Thank you , again.
< Warmly,
< Douglas
<Thanks for your reply. You most certainly have my permission to put any
correspondence between us on the Stru website. Posting your responses on
the website is a great idea and will more efficiently disseminate the
information. I know the shareholders will much prefer it being done that
way. We are all excited about the BSF opening and all the progress we have
seen in our company.
Best regards
Mike
Cheers
blackdiamond, I totally agree, picked up some more myself.
Cheers
Cheers
Struthers Announces Shareholder's Meeting --
CHARLESTON, S.C., September 14, 2000 (BUSINESS WIRE) – STRUTHERS, INC. (OTC: STRU), Struthers, Inc.
announces the Annual Meeting of Shareholders, to be held at The Charleston Convention Center/Coliseum, 5055 International Boulevard, North Charleston, South Carolina 29418, on October 28, 2000 at 9:00 a.m. EST.
Prior to the Meeting there will be mailed to all shareholders of record at the close of business on September 18, 2000, a
Notice of Meeting, Proxy Statement and the Proxy Form, together with an Annual Report for the year ended December 31,
1999, which is inclusive of operations through June 30, 2000.
All interested parties are welcome to attend.
For further information on Struthers, Inc. and the Annual Meeting of Shareholders, visit their web site at
www.struthersinc.com.
This is not a solicitation to buy securities and does not purport to be a complete analysis of Struthers, Inc. Investing in securities is highly speculative and carries a degree of risk. Past performance does not guarantee future results.
Contact: Struthers, Inc. Charleston, S.C.
Ms. Frances Kotnik, Investor Relations, 843/763-1755
Cheers
Thanks Ragin Cajun, I was going to post that as well, but you bet me to it.LOL
Cheers
504 Offering can be found at - http://www.sec.gov/consumer/keyword/trule504.html
Rule 504 of Regulation D
Rule 504 of Regulation D provides an exemption from the
registration requirements of the federal securities laws for some
companies when they offer and sell up to $1,000,000 of their
securities in any 12-month period.
A company can use this exemption so long as it is not a blank
check company and does not have to file reports under the
Securities Exchange Act of 1934. Also, the exemption generally
does not allow companies to solicit or advertise their securities to the
public, and purchasers receive "restricted" securities, meaning
that they may not sell the securities without registration or an
applicable exemption.
Rule 504 does allow companies to make a public offering of freely
tradable securities but only if one of the following circumstances is
met:
The company registers the offering exclusively in one or more
states that require a publicly filed registration statement and
delivery of a substantive disclosure document to investors;
A company registers and sells the offering in a state that
requires registration and disclosure delivery and also sells in a
state without those requirements, so long as the company
delivers the disclosure documents required by the state where
the company registered the offering to all purchasers (including
those in the state that has no such requirements); or
The company sells exclusively according to state law
exemptions that permit general solicitation and advertising, so
long as the company sells only to "accredited investors."
Even if a company makes a private sale where there are no specific
disclosure delivery requirements, a company should take care to
provide sufficient information to investors to avoid violating the
antifraud provisions of the securities laws. This means that any
information a company provides to investors must be free from false
or misleading statements. Similarly, a company should not exclude
any information if the omission makes what is provided to investors
false or misleading.
While companies using the Rule 504 exemption do not have to
register their securities and usually do not have to file reports with the
SEC, they must file what is known as a "Form D" after they first sell
their securities. Form D is a brief notice that includes the names and
addresses of the company’s owners and stock promoters, but
contains little other information about the company.
Cheers