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Finally went from worthless to restricted worthless!!!!!
You mean you didn't get paid for your BO vote? Just wait, you will. Not sure we are going to like it though!!!!
Ameritrade has a record of this and, as a matter of fact, they have the shares. They bought those shares for $1, not $1 each but a total of $1. That's the way it works.
He sure does. He has to make sure all those with their hand out are given what they voted for. If ACORN owned shares of CMKM, WATCH OUT!!!!!!!!!!
And??????
rodgranite, I agree with you 100%. But what can you expect from those that elected BO president?
What is this country coming to??????????
needdiamonds, what you have to understand is that if anything at all is paid to the shareholders, that is vindication. That's worst case scenario here.
"None of this has any relevance to what Edwards was doing. Urbie cut him certs. He took the certs to NevWest and deposited them in various accounts.Then he sold them, and kicked some of the money back to CMKX."
JS, How can you make that accusation? Do you know this for fact? You also stated----
"Urbie busted no one. In fact he took the Fifth to protect himself and the money he made off the sales of stock and the kickbacks."
I would like to see proof, not just your opinion.
KS
Wow!!!
It is true, this board has been taken over.
Go ahead gloat, belittle, and laugh......
WHILE YOU STILL CAN !!!!!!!!
See ya in a few
KS
Zen, don't worry..........
I have a feeling you will be able to grin a bit in a few months. All is not doom and gloom as some would have us believe.
GLTY
K
Looks like they mean what they said..
"Notwithstanding the approval to execute a reverse stock split, management has decided to postpone a reverse split until it has consummated a deal to redeem all outstanding convertible debentures and warrants, which is currently being negotiated and anticipated to close within the next 30 days."
GLTA
K
Niz.....
You might want to wait until after the 5000/1 rs.
By then all the toxic financing should be over with.
"Our primary objectives for 2005 are to successfully complete our negotiations with regards to the retirement of the balance of the convertible debentures after which we will complete a 5,000 to 1 reverse stock split of the outstanding shares of our common stock (pending shareholder approval at our Annual Shareholders Meeting to be held on April 22, 2005)."
JMHO
K
Couldn't resist....
Thinkpath Releases Financial Results for the Year Ended December 31, 2004
TORONTO, April 15, 2005 (PRIMEZONE) -- Thinkpath Inc. (OTCBB:THTHF) today announced financial results for the year ended December 31, 2004.
Revenues for the year ended December 31, 2004 increased by $1,800,000 or 17% to $12,620,000 compared to $10,820,000 for the year ended December 31, 2003. The significant increase in revenue is attributable to new contracts with new and existing defense, aerospace and automotive clients.
Gross profit for the year ended December 31, 2004 increased by $1,015,000 or 29% to $4,485,000 compared to $3,470,000 for the year ended December 31, 2004. As a percentage of revenue, gross profit increased to 36% in 2004 compared to 32% in 2003. The increase in gross profit is a result of the strategic focus on higher margin defense contracts.
For the year ended December 31, 2004, the company recorded operating income from continuing operations of $430,000 compared to an operating loss of $1,270,000 in 2003. Included in the loss for the year ended December 31, 2004 are commissions on the sale of convertible debentures of $190,000 as well as certain non-cash items including depreciation expense of $520,000, the write down of property and equipment of $270,000 and debt forgiveness of $1,140,000.
For the year ended December 31, 2004, the company recorded a net loss of $4,205,000 or (0.00) per share compared to a net loss of $9,030,000 or (0.01) per share in 2003. Included in the net loss for the year ended December 31, 2004 and 2003 is interest expense of $3,810,000 and $7,250,000 respectively, related to the beneficial conversion feature on the 12% Senior Secured Convertible Debentures.
At December 31, 2004, the company had a cash flow deficiency from operations of $1,420,000 compared to a deficiency of $170,000 at December 31, 2003.
At December 31, 2004, the company had a working capital deficiency of $120,000 and stockholder's equity of $4,000,000 compared to a working capital deficiency of $2,760,000 and stockholder's equity of $2,260,000 at December 31, 2003.
"We are extremely pleased with the results of operations for the year ended December 31, 2004" stated Declan French, Thinkpath's CEO, President and Chairman. "2004 was a pivotal year for Thinkpath as we completed the restructuring of our operations, debt obligations and outstanding legal claims. Our focus on building and strengthening relationships with customers in high growth industries such as defense and aerospace has resulted in the increase of revenues by 17% and gross profit by 29% over 2003. Most importantly, our continuing operations are generating positive income and will continue to do so in 2005 based on current contract awards and projected revenues and expenses."
"Our primary objectives for 2005 are to successfully complete our negotiations with regards to the retirement of the balance of the convertible debentures after which we will complete a 5,000 to 1 reverse stock split of the outstanding shares of our common stock (pending shareholder approval at our Annual Shareholders Meeting to be held on April 22, 2005).
Operationally, we will continue our growth through internal sales as well as the acquisition of complimentary and profitable engineering service companies."
Further information about the company may be found at www.thinkpath.com
Forward-Looking Statement
This press release contains forward-looking statements regarding Thinkpath Inc., its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Thinkpath's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by Thinkpath in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Thinkpath's business.
CONTACT: Thinkpath Inc.
Tracy McKay
(905) 460-3040
communications@thinkpath.com
A lesson learned......
I have closed out my position in THTHF ( at a loss) and do not
anticipate buying this stock again. There are just too many other good opportunities out there. THTHF has never been a stock I was heavily into but one that I believed had a chance.
I did learn a lot while I watched THTHF. I learned to watch these small caps very carefully. I learned that toxic financing will kill these companies. I learned that the people that provide the toxic financing will stop at nothing to succeed. I learned that they will spend every waking hour bashing. Non stop.
THTHF could still make it but I doubt it. French has made a lot of bad decisions and seems destined to make more. A 5000/1 RS comes to mind. This will not fool anyone and the PPS will not hold. The toxic financiers will see to that!!
GLTA
K
Don't twist what was said...
This is it exactly....
"If I gave advice, and I don't!, I would offer the following....
1. Buy now because at .0001 leverage is good and the down side
is almost nothing.
OR
2. Wait and see if THTHF can clear up their financing. There is
a good possibility of a R/S once that is complete because
there are a lot of shares out there."
Just the facts, please, just the facts.
You were even banned here also, skruggs1967 I think, and if you like I could repost some of your rantings.
By the way, THTHF isn't done yet. I admit it is the 11th. round and we are behind on points, but the fight isn't over.
K
There are a lot of honest people out there, but they
don't have to tell you who they are. Nobody spends three years
bashing a stock to keep us from losing money on it.
Nobody has used at least twenty alias' because they want to save us. A true basher presents the facts, doesn't call longs names, and surely doesn't delight in others misfortune. Not unless they have an agenda, are social misfits, or need some help. I truly feel sorry for them.
GLTA
K
We should all hope Dan Rather looks into CMKX.
After all, who wouldn't believe what he reports?
GLTA
K
A Bull story....
Two bulls were standing on a hill overlooking about 25 cows grazing in the valley below.
The young one, about 22, looked at the older bull and said "Let's run down there and get us a cow!!!"
The older one, about 89, replied " Let's walk down and get them all."
Experience pays off!!!
GLTA
K
Reverse split was expected.
A R/S was expected, French said so himself,but the timing is not good. He should have waited until all his bad financing deals were out of the way. IMO, another poor decision.
GLTA
K
Bashers, try to control your glee a bit.
Remember, what goes around, comes around.
Kharma
K
Your welcome....
Also, check out the Knobias box for quotes and news. There you will find a chart plus all PRs
GLTA
K
I think we will do Ok....
I got in a while back @ .0375.
Shied away from VISH for a while because it was a stock promoted by lebed. Most of his picks jump and then pull way back. I do keep a watch list on his picks, and it looked like this was a good time to buy. Time will tell!!!
I think he profiled it back in 2004 around .40 - .48, if memory serves me, so there are probably a lot of people out there that are big losers on this one. He is not very well liked, but I find that his picks can be all timing---just wait until the initial flurry cools off. Also, the picks that he doesn't get paid for seem to do a lot better.
Don't get me wrong, I'm not promoting him, just letting you know how I came across POPT. I do get all his alerts ( don't know why ) and I keep track. I look at it this way, all DD is good if you do your own on top of it.
All just MHO
GLTA
K
Welcome to POPT board.
POPT used to be known as VISH, Viastar Corp.
It has come to my attention lately due to positive movement to profitability.
All just MHO
GLTA
K
Russell, read the recent PRs posted in the boards box.
This will give you an idea as to what is going on.
Things have been looking better but they still have some bad
financing deals they have to clear up. After that, who knows!!!
If I gave advice, and I don't!, I would offer the following....
1. Buy now because at .0001 leverage is good and the down side
is almost nothing.
OR
2. Wait and see if THTHF can clear up their financing. There is
a good possibility of a R/S once that is complete because
there are a lot of shares out there.
I have traded THTHF a few times and am currently under water as my last buy was at .0003. This stock can't be flipped, unless you want to flip it backwards!!! Who would do that?
THTHF has a lot of positives but French hasn't always made the best decisions. He has tried to keep the company going, a positive, but he is working with one hand tied behind his back, due to the financing deals he made. Every time they release good news, the PPS is pressured by the CD holders selling. Until that stops, we will stay right where we are.
All just MHO
GLTA
K
Interesting read.........
A well known basher tried to insinuate that Stoecklein had a few run ins with the SEC. Doesn't appear to be the case.
On Feb. 9, 2005, CMKX engaged Stoecklein Law Group, a firm specializing in securities matters, as new securities counsel to assist with the correction of past deficiencies and guide CMKX through its regulatory compliance requirements. "When I joined the board one of my prime assignments was to improve corporate compliance. A prime component was to reinstate reporting status, which was efficiently and expeditiously handled by the Stoecklein Law Group," stated Robert A. Maheu, co-chairman of CMKX.
Here is a search that will tell you a lot about what this law firm does.
Have fun with your DD!!!!!
http://www.sec.gov/cgi-bin/txt-srch-sec?text=Ronald+G.+Stoecklein&x=2&y=4
GLTM
K
Not completely the truth.......
First...
On Feb. 9, 2005, CMKX engaged Stoecklein Law Group, a firm specializing in securities matters, as new securities counsel to assist with the correction of past deficiencies and guide CMKX through its regulatory compliance requirements. "When I joined the board one of my prime assignments was to improve corporate compliance. A prime component was to reinstate reporting status, which was efficiently and expeditiously handled by the Stoecklein Law Group," stated Robert A. Maheu, co-chairman of CMKX.
Second....
The Securities and Exchange Commission ("Commission") announced that on March 29, 2000, the Supreme Court of British Columbia issued a ground breaking judgment holding that the disgorgement order against defendant Robert H. Cosby issued by the United States District Court for the Southern District of New York ("USDC") in SEC v. Softpoint, Inc., Robert H. Cosby, Ronald G. Stoecklein, Remington Publications, Inc., and John W. Lane, 95 Civ. 2951 (SS) ("the Softpoint Action "), was enforceable in British Columbia. In the Softpoint Action, the Commission alleged that Cosby, the former president of Softpoint, Inc., defrauded the public investors of that company and absconded with ill-gotten gains of $636,928. On August 24, 1996, the USDC entered a final judgment by default against Cosby directing him to disgorge $779,971 (representing the $636,928 in proceeds from the fraud plus prejudgment interest) ("U.S. judgment"). Cosby failed to pay those moneys and fled the United States.
Looks like Cosby is the one they were after.
Third...
Here is a search that will tell you a lot about what this law firm does.
Have fun with your DD!!!!!
http://www.sec.gov/cgi-bin/txt-srch-sec?text=Ronald+G.+Stoecklein&x=2&y=4
GLTM
K
OK, you have had your fun. Now it's time for you
to crawl back where you came from. I lurk here daily, not posting often, but I love this board.
By the way, why don't you tell us what great pinky you are invested in? We REALLY want to know!!!
GLTM
K
Your figures are a bit off, there is currently around
14 billion shares out there, a far cry from 93!!!!!
GLTM
Kipsson
Come on!!! There you go again.....
Face it, that is what YOU believe to be true, but,as usual, you do not have facts to back up your statement.
If so, provide a link please.
GLTM
K
Thinkpath Inc. Acquires TBM Technologies Inc.
E-mail or Print this story
13 January 2005, 07:00am ET
TORONTO, Jan. 13, 2005 (PRIMEZONE) -- Thinkpath Inc., (OTCBB:THTHF) a global provider of technological solutions and services in engineering knowledge management, today announced the acquisition of TBM Technologies Inc. (TBM). The TBM acquisition adds significant strategic technology capabilities to Thinkpath's suite of engineering services.
TBM, a Toronto based six-year-old, six-person company, is led by veteran engineering professionals Brian Shipston and Tom Goodfellow. Shipston and Goodfellow bring a combined 30 years of technical, managerial and training role experience in the engineering technology arena to the company. They join the ThinkPath management team as Senior Design Managers.
"We are ecstatic about the addition of the TBM team," said Alan McKim, ThinkPath Vice President of Engineering. "They bring extensive design knowledge (in CATIA, Solidworks, Unigraphics and IDEAS) that combined with Thinkpath's existing design capabilities and expertise in finite element and stress analysis, broadens our scope of client solutions."
"The addition of TBM to the Thinkpath team is synergistic," stated Declan French, President and CEO of Thinkpath Inc. "With our growing sales force and renewed marketing efforts TBM's solid technical experience aligns with our strategy. The acquisition expands our client offering and achieves $500,000 Cdn in revenue. Both contributions play an important role in achieving our goal of earning $18 million Cdn in sales this year."
About TBM Technologies Inc.
Mentioned Last Change
THTHF 0.0001 (Unchanged)
TBM Technologies provides engineering design and drafting expertise to companies requiring a quality product delivered on schedule. The TBM technologies team of experienced software specialists offers a wide range of CAD services including product design/ development, software methodology development, data translation and training. TBM has a wealth of design experience.
About Thinkpath Inc.
Thinkpath is a global provider of engineering solutions. The company's engineering and design services cover every facet of the project from concept to SLA prototyping to complete turnkey packages that deliver a finished, operating system. ThinkPath engineers handle the drafting, detailing and parametric modeling. They work in diverse engineering disciplines including aeronautical, civil, electrical, environmental, mechanical and structural engineering.
ThinkPath offers a variety of design solutions including: project management, engineering processes consulting, conceptual design, system simulation, complete detailing, including GD&T, reverse engineering, manufacturing consulting, product design, build capabilities, CMM/configuration management support, DOD training support, technical staffing, document management system & service, all CAD platforms and software support, ISO process driven and FEA.
For more information, visit: www.thinkpath.com.
For More Information and Investor Relations
Please Contact:
Thinkpath Inc.
Tel: (905) 460-3040
Email: communications@thinkpath.com
Forward-Looking Statement
This press release contains forward-looking statements regarding Thinkpath Inc., its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Thinkpath's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by Thinkpath in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Thinkpath's business.
If you are not happy with this board, don't post here. IHUB does not allow the venom and BS that RB does, and please read the following from our board rules.......
NOTICE--ALL BASH,TRASH,PERSONAL ATTACKS,AND QUESTIONABLE POSTS WILL BE DELETED.
NO SECOND CHANCES OR PLEADING WILL BE ALLOWED
As far as THTHF goes, I have been watching, and WAITING!
Who knows when, or if?
Time will tell.
GLTM
K
Another positive PR...Good (eom)
REMEMBER.....
No Trash or Bash allowed here.
Plain and simple.
You want to be negative, do it the right way.
GLTM
K
Don't worry, they will be fine if they don't get too
itchy and sell early.
When is too early??
Don't know, crystal ball is broken!!
My guess is mid to late 2005.
GLTM
K
As a matter of fact..................
Traded CMKX three times so far.
Am up $XX,XXX (you wouldn't believe me)
Have MILLIONS of FREE shares (over 30 )
Have THREE dividends that will make me more money when the
restrictions are released.
Your problem is that you are too busy with your smart a** comments.
All those that say CMKX is a scam just don't know. They are specolatin' as much as everyone else!
Bashers make me want to puke.
GLTM
K
Some VERY lame bashing!!! LOL (EOM)
It would be sweet but there are still a lot of questions concerning THTHF.
I will say one thing, there were more positives in the 10 than negatives. Step in the right direction.
This co. will test you !!!
GLTA
Kipsson
ps. waiting for the big AH to strike here again.
More News.....................
Thinkpath Announces 3rd Quarter Sales Increase of $475,000
E-mail or Print this story
16 November 2004, 12:00pm ET
TORONTO, Nov. 16, 2004 (PRIMEZONE) -- Thinkpath Inc. (OTCBB:THTHF) today announced that revenue from continuing operations increased in the third quarter by over $475,000 compared to the same period last year. Earnings, likewise are expected to significantly improve as gross margins increased from 33% to 37%. The third quarter financial results will be released early next week.
Mentioned Last Change
THTHF 0.0001 (Unchanged)
Thinkpath is a global provider of technological solutions and services in engineering knowledge management, including design, drafting, technical publishing, and consulting. Thinkpath enables corporations to reinvent themselves structurally; drive strategies of innovation, speed to market, globalization and focus in new and bold ways. Thinkpath's expertise spans the aerospace, automotive, manufacturing and health care industries.
Further information about the company may be found at www.thinkpath.com.
For More Information and Investor Relations, please contact:
Tracy McKay
Thinkpath Inc.
Tel: (905) 460-3040
Email: communications@thinkpath.com
Forward-Looking Statement
This press release contains forward-looking statements regarding Thinkpath Inc., its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Thinkpath's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by Thinkpath in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Thinkpath's business.
CONTACT: Thinkpath Inc.
Tracy McKay
(905) 460-3040
(905) 460-3050, Fax
Now that is good news!!
Maybe a bit excited?? LOL
GLTA
Kipsson
I wouldn't get too excited about this as it looks
like this is a completly new placement.
Not as bad as before but still not too good.
GLTA
Kipsson