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.
This is why I wish I had some powder left... a slap or 2 would've had us at .10. I'll take what I can get at this point.
What in the world!!! Only seeing buys today. That seems promising!
To be upfront, I was in, then got out (at a slight loss) and got back in so I'm not vested. Bashers, bash away if ya wanna. But IMO, this baby is ripe for a split. The O/S is way to high for any serious movement. I would actually welcome a split ONLY with some news to send this up a bit. Just a thought. GLTA!
I think the only thing that will move this to real $ is a PR about financing. I know we can all cut and paste quotes from previous PR's but my perception is that all these deals are future projects. Like I said before, its like me issuing a PR that says that I intend to build an addtion on my house. I've been saying that for years. If I issue a PR saying I took out a second mortgage today or I broke ground today (come see if you want) that's meat and that gets us to dollar land. I'll wait it out at this point because I'm not taking a hit this big...GLTA!
May be the case but I've noticed that mine have been hidden in the past if its too small. I haven't tested the limits to see what size makes it hidden/seen though. Think that is possible?
Dough... if you believe that it could be $1 I'm not here to say you are right or wrong, hell I hope it does. But I was a dreamer when it came to this stock. Broke away from what I was doing to make $ and believed and hoped the risk would equal reward. Now, I'm treating this like a Deniro said in heat...don't get attached to anything you can't walk away from in 30 secs or less. Management, intentional or not, has fumbled this like Ernest Byner on 1 yard line and I do not expect them to turn into Jim Brown anytime soon. PR's are good and I will always encourage the stock to do well but I will not cheer lead for it until I see something that says we have x plant that cost y amount and have received z amount of $. I see this thing flopping around until something that raises an eyebrow. What ever happened with the NY trip? If it was the PR firm then why make the trip...that has vid conference written all over it. If its funding then we're golden. IMO if volume stays low then we can climb slow and steady but if volume increases then I think MM's will drive this right back down to .05 to .10. GLTA!
Good for you bro. If anyone deserves it, its you. You should be in green land by now. I bought pre R/M at its peak and bout some at .02 and did some slapping for about 70k and STILL am down huge! HA. GLTA
Good for you bro and good luck to you. I like to think of the board as a family with different posters playing their role. I'm the 'gut' type. The shoot from the hip on instinct so take this with that grain of salt.
I'm sure these things are tested and built to with stand above average waves but, just like anything 'acts of God' are just that and will destroy this just like it would anything else. I don't think you can get accolades for designing things that a rain storm would destroy. But I think it important to know that it is cheaper to build/rebuild than other technologies out there. GLTA
negative
I bought 75 shares at .08. Gonna triple lindy all 75 at .10. Haha! I'm an MM
Forgive me.... I had to step away from the board for a bit as to dampen my anxiety of my losses. Just one quick question without going through all the posts. Any news on the shares be restricted? I figured it come out in the financials or a PR but didn't want to miss that detail. I think that's the sole key to whether or not this stays in penny land or goes to dolla dolla bills y'all. And thanks for your hard work keeping all of us informed. GLTA!
This can't be dilution...no volume to justify that. I think its just the last shake of the tree. I can't sell at this point. There really is no downside to holding. If the A/S gets increased, we're screwed. If the 480mil shares aren't restricted then we're screwed. In other words, its gonna take alot for us NOT to get screwed further and come out with a chance for green. I got a little powder and plan on adding a bit to flip while holding original position of now 140k shares. Once this starts trading again at normal volume there is no doubt I'm gonna be a basher. I like to use analogies to put things in perspective. I've tried to think of one and the only one I can think of was we signed up to play blackjack (calculated odds of wining/losing) but we actually played guess what number I'm thinking of between 1 and 100. GLTA!
Anyone know if this R/S does anything for income tax season? Does it count as a transaction for writing off purposes? I know its a stretch but just trying to make some lemonade here.
Agreed but then it wouldn't look as sexy to outside funders. Once again, the working stiff gets rolled under the bus for Wall St. IMO. I won't speak specifically about my disagreements with management. If they are really really serious then I think this was the right move but there better be some bite behind it or else its gonna be tainted for the foreseeable future. By bite, I mean breaking ground dates, professional IR/PR team (including social media), completion dates, contracts that were agreed to pre-RM reitterated, uplisting, etc. It sucks to see my almost 3mil down to 140k shares but maybe I can flip it a bit to try to recoup. GLTA!
Correct me if I'm wrong but doesn't that put the stock price into dollar land?
I probably wouldve went with this...
I have to admit this but have all my chips locked up just waiting is waaay less nerve racking than watching MM's drive the price down alll damned day! Already have taken a huge loss on this so I've kinda let that go and am anxious to see what happens once this completes, learn from it, make some money and move forward. Stay positive or be a negative Nancy, either way management is going to do what it wants and that's just that so might as well enjoy the wave. GLTA!
That would be so great if it was a real response
Whoever gets closest I will donate 19 of my shares to!!!
No way I'm even logging in on Monday! HA! Curious for the 4 people who didn't sell today...what do you think the price will go up to or go down to post R/S?
Let's be honest. With all the emails and such you'd think they would know there are actually concerned investors out there and would have announced the R/S with some type of PR to go with it. What I hope is that something comes out to articulate a long term plan. I stress the word hope. What I think will happen is they will go silence for too long, then come out with a weak statement of some sorts and this will continue to flop in the wind. Only thing to get this PPS up is to disclose financials (which I wish would come sooner than later) and possibly, then an uplist. Too low for me to sell and I'm powderless so I'm gonna wait er out. Went to go paint for a few hours and come back to this...ha! GLTA and have a good weekend.
Agreed... anyone that says we need another PR about another project for an increase in PPS hasn't been here long! Like I said, in my eyes (and assuming others), once the RM went through it wiped any past PR's/financials null and void. I think showing the current financials and projects is the only thing that can give this the bump it needs. Hopefully, they come out with something post-NY or at the very least by EOY. Until then I'm just sitting and waiting it out. GLTA
Good find Dough... I can't lie, I did miss it but then again I wasn't looking for it. The way I see it, anything disclosed about any project pre-RM to me doesn't exist. Anything that comes out post-RM is what I am concerned with. It is good they were able to turn that frown upside down, but I will keep yelling from the mountain top... where in the world are the WERPO reps. We need interviews to highlight these small but important updates. Someone (other than myself...I'm a self-described pacifist) email anyone who thinks is email worth to get their communications up to par. I once owned a small business for a bit and my word of mouth, friends cousins, twitter, facebook, etc was a key part and I can tell you my potential base worked far less than we've had to. Please spare me any 'just wait', 'i'm long' etc replies...so am I. GLTA!
I also want to say that if/when I sell my short position, I'd rather take a loss than give my shares to that POS NITE!!!
In the PR they said they'd get a ROI within 4 years so they have time for that, especially at these prices IMO. Like letting any stranger see your house...better to take the time to clean it up than to shove stuff under the couch. I won't lie, I'm pretty impatient with this stock, I accumulated for some short, but mostly long and the short isn't paying like I thought it would. I think this stock should be at min .03 (mainly b/c of the low float) but management fumbled the rock and hope they course correct for the future. I'm a believer but still hope, for my short position, it happens sooner than later, but will still take later for my long. GLTA
I think its a big jump for an uplisting at this point but who knows. I know I don't know why they will be in NY and I hope and think it is for financing. IMO stopping by Wall St. without stopping my Madison Ave. would be a mistake. At this point they're communications are ridic. They need a full fledged PR DEPARTMENT that would work with a PR firm. That would allow for interviews, comments from these countries to reiterate commitments, etc. Of course, all IMO. Hard to argue with the fact that the PR today is 10x's bigger than Kenya and we're down about 10% most of the day with 2.4m in volume. That screams communication, or lack thereof to me. GLTA
Man....these fools are relentless! I know MM's have a role to play for liquidity but normally they kinda do their thing and move on. Do not recall them hanging around a stock this long with so much activity. Not sure if that is good or bad. Plus we have at least 10 more days of this since it was told to someone else the company is in NY and returning on the 22nd. If you are in this for the short term, my suggestion is try to minimize your losses and get out, have a feeling this is like climbing Everest. The journey will be long and grueling and the payoff, if managed wrong could deal a fatal blow, but if done right could be life changing. GLTA
Good to see that people are hopping to it to assist but I've said it before, their communication network is lacking, to be polite. We've seen PR's that have already been in the works. What I am assuming is that they reached out before and got a commitment and went back to make sure the commitment was still good in Kenya. Like a contractor saying they would remodel your bathroom and you don't hear anything for months, they show up and you confirm that you still want it done. To be in the largest media market and financial capital of the world and you don't have 1 interview (paid or not) set up is kind of sad. Hopefully they have some contacts in Toronto or somewhere in Canada. Overall, they need to hire someone for communications and lias with a hired PR firm IMO. Also, get in the game on social media!!! My mother has a larger footprint than them!! Geesh!
Its Friday and to end this a bit more positive. News is news so if it comes from NY or Canada it will get out there if it is impactful. Also, short volume is down and subsequently long volume is up. It could be that more folks are jumping in, could also be more MM's loading up to manipulate next for next week. Either way down is down and is matching current volume so some ask slapping may actually do some good. Hope all have a good weekend and GLTA!!
I think alot of people check the shorts but just think/hope that shorts get caught with their pants around their ankles but I check it daily. The % is absolutely meaningless by itself. You HAVE to check the volume as well. IMO if the % does not positively correlate with volume then its just MM's playing with themselves...literally. I expect this to fluctuate but what I don't expect to see is a downward trend towards the 009's and 008's. Not enough week hands here. Based on the volume long support is high and shorters are just trading amongst themselves. Check the level II's. Just an example but NITE has been at both the ask and the bid alot. Again, not the most technical guy but logic says hands are stronger than weaker and green energy is stronger than most sectors out there. All just IMO. GLTA!
My guess is no PR. You can check my history and see I've been here for a minute so bash me if you want but i still have almost 3mil shares. I want this PPS to rise but they are not up on PPS PR's. Meaning their PR's are not to maintain/spike the PPS so I doubt if they come out with one. I don't think they are sitting there twiddling their thumbs and maybe new management may operate differently but history will show you its doubtful.
I do want to add this is strictly a long play. If you are trying to get some short $ off of this, I believe this is the wrong play. Anyone that has INVESTED in energy will tell you, PR to implementation takes a looooong time. Unless they plan on PR'ing China and other projects for official record this will sloooooowly creep upwards to 02's to 03's while MM's do their thing. Truth be told I thought the official RM PR would've shot this up higher but it didn't so take what I say with a grain and do your own DD. GLTA!!
Disclaimer: I'm a novice. But I will say, 1 company I traded in before went through the same thing and it worked. But the way that I personally see this is as follows:
I own a company and I decide I want to make bread. This company operates in Ireland. So I get a team... lawyer, someone on the ground there, accounting, etc. and register with SEC here in the states as a company base here but has a company abroad...international. The bread thing doesn't necessarily work out but I still have my team because I have a few other things going on. So a company comes to me and says hey, I want to start a company in Ireland but its a coal plant. So I say, I already have the team, I already got a publicly traded company so the regulatory stuff is fine. I'll kind of back out of the way for you to do business if you give me a cut and we agree on who the boots on the ground are going to be (the technocrats).
The analogy may be a bit off, but, to me it makes perfect sense for someone who wants to do business as a public company just take over the structure of someone who already is trading publicly. One has the product, one has the shop, so its a match.
Don't get me wrong, I still have the questions about the product but at this point, why and how they got to this point, from my limited past experience, is fine by me. From here on out, I specifically want to hear FROM THEM about China and about other start/completion times for their product. What I am not worried about is if the product will actually work, b/c the omnipotent YOUTUBE already quenched that thirst for me. I think the PPS will go higher than where it is today, and to me, I ok with the sausage and can give two you know whats about the sausage making! GLTA
HAHA..you had to bring up sub pennys. MM's shorted 5+mil shares yesterday so I believe that is what we are looking at now. Company's do give out specifics. In fact...
"Within 2 years from the start of the project Blackbird will have a cash flow from selling power to the power company. The first part of the plant shall produce 10 MW which should generate a gross income of $10,000,000."
That's some meat. What I wanted to see... would be that the start of the project would be determined by Q1, or should start by Q3, or whatever.
At this point I would like to see either less PR's with more meat, or more (better timed IMO) PR's with less meat. Either way, I'd like to eat short and long term. Either way, I'm in it to win it. Have a good weekend all and as always GLTA.
Yeah a self-assigned neighborhood watch...judging who can say what kind of statements (all stock related btw) people are able to post on this board.
Good to know that anyone can post a statement on the board George Zimmerman. I don't care to explain myself... but I will. Being that they don't have to file... Its cool that they 'plan' on doing XYZ, but I've been planning on putting up a fence for about 4 years. So, the meat I was looking for was project 'x' is whatever% complete, how its funded, where it is specifically, etc. In other words.. by meat, I mean specific with number. I truly appreciate the DD done here by all the people here, yourself included. I would still consider this a new start with new management and would like new, more specific information. Like I said, as far as the long game, eventually it will or will not pan out. I believe it will. But for the short term, not a single person can be that happy about where the PPS is after multiple PR's. This thing is not going to 'run' all the way up to the 2's and 3's that we all thought but I do believe it will walk/jog upwards soon enough. Lastly, I have fewer shares than you do but I have almost 3mil and holding so we are on the same side. GLTA
Still have to say...and it really doesn't matter if you're long... but I can't tell you how they have dropped the ball on all of the PR's. The sequencing and timing of them really didn't make any sense to me and yes there is info in the them but not tons of meat on them bones. Anyway, hope it finishes strong (meaning atleast .01). Gonna start to enjoy the weekend. GLTA
Short volume was 5950042 yesterday and almost twice that the day before the merger the MM's are doing there thing. Low float + people that just got in in the past week should get us close to the resistance of .012 in the beginning of the week and hopefully to the next level of resistance at .016 IMO. GLTA
Riiight.. and it'll give all of tomorrow for those that shorted to try to recoup and those late to the party to get in... should be a nice week. GLTA
NOWWWWW!!! is the time to do the ask slapping! BBRD
Just got this google alert:
OAKVILLE, ON, Canada, via ETELIGIS INC., 10/02/2014 - - Blackbird International Corporation ( OTC Pink : BBRD) (PINKSHEETS: BBRD) , is pleased to announce that it has finalized the acquisition of Wave Electricity Renewable Power Ocean (WERPO) and that the effective date has been reached.
The Parties to the acquisition process officially announce that the effective date has been attained and that the acquisition is complete.
The process was completed to the satisfaction of both Parties and they anticipate a smooth transition of operations. From an administrative perspective there remains a few minor details to be finalized and appointments to be registered but these are not deemed material and will not interfere with the ongoing business.
J ohn Pedder, president adds, " I shall remain on the board as long as I am required in this exciting new business direction and will assist in ensuring a seamless handover to the appointed new executive team . My Israeli counterparts have demonstrated an excellent understanding of the opportunities that the Blackbird represents and we are c onfident that the Company shall prosper under the new team ' s guidance and strategic direction ."
The next news release will provide information on the current sea wave projects.
About Wave Electricity Renewable Power Ocean (WERPO)
The technology developed by its affiliate, SDE Ltd, is based on the utilization of sea waves to yield hydraulic pressure that produces electricity while exploiting the full potential of wave speed, height, depth, rise and fall, and currents beneath the surface of the water. Scientists from around the world claim that using 1% of wave energy can provide the equivalent electricity of 500 times the world energy consumption. Energy density in waves is high compared with other renewable energy sources such as wind power and solar power. Over a year, the energy output is approximately 3 times that of solar or wind technology.
Results and experimental fieldwork conducted in Israel and abroad indicate that the energy production from sea waves by SDE's technology cost of 2-6 cents for 1KW, a significantly lower cost compared to other renewable energy technologies (for example, wind energy 12 cents, Solar Energy 16 cents).
In addition, SDE's technology allows an annual output of 65% significantly higher yield compared to other renewable energies (wind energy an annual output of 24%, solar energy an annual output of 22%).
SDE was selected by a team of independent scientists as number one in the world its field of Sea Wave Energy Technologies, and was ranked as one of the Top 100 Clean Energy Technologies.
The Israeli company with its proven track record of installations across the globe has several projects around the world with government entities as well as with the private sector. SDE has established 11 joint ventures with local partners in 9 different countries including a second pilot project in China.
About Blackbird International Corporation
Blackbird International Corporation ( www.blackbirdinternationalcorporation.com )
Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
CONTACT:
John Pedder
John.pedder@insight-holdings.com
SOURCE: Blackbird International Corporation
Someone stepped up and hit those 99's