np!

VRNG just keeps getting better and better. Profits are guaranteed, but I guess people would rather have a 100% guarantee on a 5% gain after appeals than a 90% guarantee on a 50% gain after DC.

I just started trading in January and glad I wound up in this paradox of a stock last month. I never would have thought excitement played such a role with stocks.

looks good for wddd

Looks like the key support at 3.35 will hold. Was worried this would go back to 3.00 before rulings are released.

A close above 3.48 would be wonderful. VRNG looking good today.

Got in at 3.04, might add some more at 3.50 if 3.48 becomes a support.

a 7% RR would have this stock at $10+

this is a pop pre-RR. this is setting up for the perfect storm of burned shorts, -> pop -> more shorting -> RR judgement -> more burned shorts

remember that the august 15th & 26th dates have nothing to do with the RR judgement. JJ has Aug. 1st- 6th open and seeing him do work aug 1st is good news to me.

no big move until judge has a couple days off. Judge has Fri and Mon off. Goog's appeal brief is ludicrous and hopefully the RR will replicate that.

waiting for some R&R

shit will get crazy

wait for the RR

shit will be cash

It would make sense for the Judge to issue a pre-appealleate ruling before the 22nd, today or tomorrow, but even so appeals won't go very far past the judgement decision.

Keep in mind Microsoft wants google to suffer as much as they can as Microsoft only has to pay 5% of google's judgement for VRNG.

GLTA

No, I've found them to be pretty accurate usually. This isn't a new story, the news broke on the 10th of July. The price fell from .0359 to .01 on the day of the pump(12th).

good luck, and nice edit.

good luck

Watch out.

Don't get greedy on this one. One product that is being marketed doesn't = a lot of cash. $0.03 should be where this tops out but a sell off could have this back down at 0.01.

GLTA

If the decisions so far are being appealed by google on the 22nd, wouldn't the Judge go ahead and make a pre-appellate judgement before then?

"Google is appealing the judge's claim construction, certain evidentiary rulings, and refusal to overturn the jury's verdict of infringement, validity, and damages. The opening appeal brief is due from Google on July 22, and then there will be a couple of rounds of briefs, followed by an oral argument before any decision is issued. In short, that process is still in its early stages."

"the lone remaining issue for the District Court judge, Judge Raymond Jackson, to decide, which is what, if any, royalty to require Google to pay for continuing to infringe Vringo's patents after the jury's verdict. That issue was fully briefed by the parties as of May 24, and the judge has not indicated he wants to have a hearing on it. So, he could issue his decision any day."

any truth to this or is this just BS?
http://seekingalpha.com/article/1505402-vringo-vs-google-ongoing-royalty-prediction

When was this case taken under advisement?

Doesn't the judge have a limited amount of time to declare his ruling? something like 90 days? (haven't messed with any patent plays, and can't find any court listings on the case and don't have a pacer account)

Greatly undervalued indeed.

However, with their business model of the past I'd disagree to some extent. If you look at the total assets of STOA compared to their net income, you can see that their one-time fee for a lifetime of service approach wasn't working out.

I believe the new direction we will be heading in will be to start charging constant fees, raise assets and raise net income.

We are heading in a great direction, cutting dead weight and working on generating net profits.

This year is going to be a lot of fun.

Stoa holding it's own

3x32

The 10k stated dilution would be necessary to raise funds for future projects.

We can speculate all day on what this could be, however Q1 showed the money made from diluted shares in shareholder equity.

Q2, Q3 and Q4 results will have the PPS rocking.

This is a profitable company that is raising it's cash assets temporarily through dilution.

long term play here, regardless of anything unexpected happening.

Company financials are great, CEO is great, economic sector our company works in is great.

Any dilution so far has been added to shareholder equity, not used as an atm.

This stock's PPS will rise if you have the time to wait for it.

I've been in this stock since February 2013, and yes it was up and looked amazing.

www.Sitoaglobal.com was 10x better and much more professional looking IMO.

It was taken down about around may-june 2013.

Funny thing that a merger is in the works and stoa takes down their main website.

Anyone have L2 screenshot?

Thanks, let's rock this stock

Net Income should continue to increase, and this company is turning everything around. There has been approximately a $300,000 increase in net income 3 quarters in a row.

http://finance.yahoo.com/q/is?s=stoa

All numbers in thousands

Period Ending Mar 30, 2013 Dec 30, 2012 Sep 29, 2012
Total Revenue 884 1,074 1,425
Cost of Revenue 629 1,280 1,762
Gross Profit 255 (206) (337)
Operating Expenses
Research Development - - -
Selling General and Admin. 226 158 301
Non Recurring - - -
Others 1 1 1

Total Operating Expenses - - -
Operating Income or Loss 27 (365) (639)
Income from Continuing Operations
Total Other Income/Expenses Net - - -
Earnings Before Intrst And Taxes27 (365) (639)
Interest Expense - - -
Income Before Tax 27 (365) (639)
Income Tax Expense - - -
Minority Interest - - -

Net Income From Continuing Ops 27 (365) (639)
Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income 27 (365) (639)
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares 27 (365) (639)

Sitoa Global completely turning around.

Profitability on this level is hard to achieve in penny stocks with debt and legal obligations in almost all of these stocks.

STOA is having serious profits and will be up-listed within a year or 2.

long term hold here people.

In Stoa's 10k they stated that investor funds were going to be needed.

Here's the great news!

All dilluted shares(fundraising) have been added to shareholder equity.

last quarter about 150K in stockholder equity was raised from dilution. This doesn;t happen in straight up greedy dillution. The dilluted shares are adding value( as opposed to funding toxic debts) to the company and shareholders.

This is the reason I didn't sell at the .007 spike. Things truly are turning around, and a merger would just be some extra nice news. The next quearter filing will show what STOA is capable of and the PPS will increase respectively.

I've been in this since 0.02. financials have increased 100% + so withing a year or less -.04 will be a realistic target regarless of a merger.

Average down ifyou need to, but STOA is here to stay.

On a side note, Malasia is on a 12 hour time difference from LA(Stoa's merger legal team Mr. Kline), so negotiations are expected take longer than you're average deal.

On a side note, STOA dismissed ther accounts who questioned STOA's financials due to the previous quarters ridiculous growth and management. This delaycan factor in to merger talks, but honestly this stock should be at .02 levels right now, and ,03-.04 after this quarter based on financials.

If financials come out along with a merger we could see major uplistings. The OS is small and Shorts have been playing this puppy too long .

IMHO the less prs and promos we see the better I feel about STOA.

The number 1 red flag for greed from a CEO is massive PRs and promos, none of which we've see lately.

If dillution piles up to $500k + then it's time to get out but It hasn;t gotten anywhere near that point yet.

I've e-mailed IRIS (in english and malay) and Mr. Kline who is managing the merger for stoa.

No response from anyone.

IRIS was in talks with both STOA and DMPD, however STOA seems to be the better avenue.

Financials are great so patience could pay off here IMO

This is what we have going for us right now regardless of the merger/acquisition. Net Income should continue to increase, and this company is turning everything around. There has been approximately a $300,000 increase in net income 3 quarters in a row.

http://finance.yahoo.com/q/is?s=stoa

All numbers in thousands

Period Ending Mar 30, 2013 Dec 30, 2012 Sep 29, 2012
Total Revenue 884 1,074 1,425
Cost of Revenue 629 1,280 1,762
Gross Profit 255 (206) (337)
Operating Expenses
Research Development - - -
Selling General and Admin. 226 158 301
Non Recurring - - -
Others 1 1 1

Total Operating Expenses - - -
Operating Income or Loss 27 (365) (639)
Income from Continuing Operations
Total Other Income/Expenses Net - - -
Earnings Before Intrst And Taxes27 (365) (639)
Interest Expense - - -
Income Before Tax 27 (365) (639)
Income Tax Expense - - -
Minority Interest - - -

Net Income From Continuing Ops 27 (365) (639)
Non-recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Changes - - -
Other Items - - -
Net Income 27 (365) (639)
Preferred Stock And Other Adjustments - - -
Net Income Applicable To Common Shares 27 (365) (639)

Last we heard Iris and Stoa were still in talks (less than a month ago) DMPD is diluting like crazy while Stoa is still alive with much smaller OS.

Stoa said in their 10k they would need to dilute to raise funds. The raised funds from Q1 were included in the stockholder equity, so Stoa isn't just diluting to rip off investors and keep the money for themselves.

I haven't seen anything greedy in what Stoa is doing, and for this reason I believe Stoa will pull through.

If Stoa wanted to milk this and take money they would've had a ton of PRs talking about their opinion on the acquisition, would have gagged the TA and would not have included money raised from dilution in the company's equity.

For these reasons I am holding. The next few days will be rough but Stoa will bounce back towards the end of the week or next week without a completed merger, and we all know what happens if a merger is obtained.

Stoa's plan straight from 10-q

as of 5/10/2013

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001469709-13-000302.txt&FilePath=\2013\05\10\&CoName=SITOA+GLOBAL+INC.&FormType=10-Q&RcvdDate=5%2F10%2F2013&pdf=

"We believe that we have established a viable business model with multiple customers and a technology base that can further grow through referrals and business development activities. Our other source for cash at this time is investments by others in the Company. We may need to raise cash to fully implement our projects and stay in business.


On March 31, 2013, we had working capital of $133,445 compared with a working capital deficit of $47,881 on December 31, 2012. The decrease is due to an increase in cash and cash equivalents, and reduction of current liabilities. Operating activities provided $28,327 in cash in the three months ended March 31, 2013."

"Stockholder equity $545,175"

"The Company believes that it can continue to receive revenues from its customers and acquire additional customers that could engage the Company to develop and host e-commerce solutions for them. The Company expects to continue utilizing its efficient cost structure by sourcing personnel in Asia for servicing its customers. In order to accelerate the growth of the Company, it will also consider raising additional funding from investors."

Anyone who is selling because of dilution needs to do some DD. Nothing I've seen has shown that the merger was off. If this was a pump and dump, a recent pr would have been released to actually make money. This is plain as day fund raising. If you don't believe in this company, (or don't want to get involved with dilution) read their reports, do your DD and GTFO.

awesome thanks

I sent a mass e-mail to Iris Corporation Berhad, including Sitoa Global's 10k SEC filing talking about the merger, and all the news releases talking about the LOI.

Anyone have international calling and want to find out more directly?

We should see a run up to the launch pad this week.

Let's have a great day tomorrow.

Merger coming IMO

I haven't seen anything yet to say otherwise. I don't think these companies are going to say for sure a deal has been made until it is 100% complete.

Sitoa Global is definitely restructuring, taking down it's main website, telephone and e-mail both seemingly down, while the TA isn't gagged.

DD on Iris Berhad Corporation (ICB) shows that ICB does not just throw around LOI's, and that they have been expanding in this way for some time now.

http://www.klse.info/counters/announcements/stock/0010

All the evidence points to what we are hoping for, anything can still happen however. The good thing is that Sitoa Global is profitable now so this isn't an all or nothing gamble.

best of luck

sure

I haven't received any e-mails or calls back from IRIS or STOA but someone is bound to have.

Knowledge is power

LOI's can have nondisclosure until the deals are complete, which could explain why we haven't been having PRs every day talking about the deal.

Sitoa Global had to increase the A/S to give IRIS common shares, and I'm not sure why there is dilution to this extent.

I believe even with a failed merger STOA can bounce high enough to get your money back. It hasn't been that long since STOA was above 0.006 regularly.

I expect some kind of PR, July 1st in the morning being the latest. Hopefully it will come around or before Wednesday. I should have received e-mails back from IRIS if nothing was going to happen.

the chart is in euros I believe.

I've e-mailed Iris, with no reply yet.

Iris has done tons of mergers/acquisitions, so I don't see why they (Iris) would seek out STOA, offer them, and cancel it.

I don't see why STOA would do everything indicative of a merger when they didn't have to to dilute.

I'm holding. The PPS should have been sub .002 today if this was pure dilution.

Yes it was around for awhile. I quit checking it for a couple weeks and now it's down.

Sitoa.net doesn't look anything like sitoaglobal.com did.

Nice board

I'm no pro yet but plan on making a profession out of this in the next year or so. The volatility on penny stocks is too hard to resist.

I worked for a bankruptcy law firm for a couple years and am good friends with a lawyer who first got me into trading stocks. I've been trained on normal stocks, but pennies are a whole new world.

With so many unaudited companies here, and so many pump and dumps and so much hype, the fundamentals of a company never seem to match up to the PPS.

I've made decent money here following my instincts and fundamental research, but I can't tell if it's this or luck, or if I should get out while I can still move on with profits.

Cirtran just had a motion to stay, letting it keep the trademark until everything in court is dealt with in the state case.

No big chain store wants to risk selling an energy drink who's trademark is remotely questionable until everything gets settled in court. This is one of the main reasons Circ aka PlayBev is suing playboy.

While under contract Playboy was negotiating with other distributors and called off the contract agreement with Circ. PlayBev can't sell drinks to chain stores that Playboy is saying PlayBev isn't allowed to sell to.

The judges have already said that Playboy's interpretation of the contract was strained and that PlayBev was in the right. The judges will force Playboy to pay Cirtran for all the damages, including: loss of sales, tortuous conduct, breach of good faith, breach of contract etc.

This will most likely be 7-30 million $, just handed over to Cirtran.

massive dilution ($100k/month from YA) will continue to drive the stock down, however, $4 million in YA dilution < $7-30 million from playboy

The sooner the judgement comes the bigger our profits will be. A share buyback wouldn't be out of the question either.

Problem with NITE and middle flippers will be the .008 resistance later on. This stock may not break .008 until news comes out.

With the A/S increase prepared exactly how the March PR said it would, with the website in transition, and the TA ungagged, I haven't seen a merger laid out like this.

This stock will see pennies and could see silver if the float becomes locked.

Flippers are going to be chasing here.