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thanks for the info...very useful, helpful
will continue to buy the dips
Hello board, pls confirm 1.1M shares o/s post rev split ??
Financials please Anyone know sales 2016 ?? thanks
Thanks Tadedge. Good to know others are interested
in the B + B results, but respecting Jesi's privacy.
GTLA.
Thanks UK. Saw you last on PLUG.
That one will take a lot of patience even tho'
the future looks very bright for FC's.
Has Jesi released any B + B function news ??
Bladder and Bowel control would be very big news....
We got such news from Jordan in December.
I wonder if she is keeping such info private...
that would make perfect sense, if she wants some privacy
Must be hard for these patients to keep some semblance of
private life.
I think Revenue will be 10 -12M for Q4
The 6M for q3 is recurring and should take little effort
to repeat in Q4. I assume they can roll-out the test kits to
at a similar pace each qtr. So that brings sales to 12M in Q4....
But that might not help them...in the last 9 months they have collected
zero from customers...all their sales became A/R, not cash.
They are in the medical/insurance arena and may need MAJOR help to
collect their money.....
Praxyn (PXYN) has a very similar problem with much bigger sales
of 150 - 200M per year and they appear to lose half their revenue to
insurance delays and costs in "Factoring".
MHCC may have a future but they have no cash and they pay their payroll
expenses by issuing stock....
The share price is DOOMED until they get millions (min of 8M for SGA)
in CASH....
I threw in the towel last week.......I'll be back in a year....
Profit. Thanks. I see it better now.
thanks BJ.
Profit..it appears you apply 17.8 to a single qtr of profit.
But the market-wide 17.8 PE is a multiple of earnings for one year.
So I suggest the PPS as calculated needs to be multiplied by 4,
giving not .006 but .024 ...... thoughts.... ??
Has this already been addressed by other posters ??
Newbie here. Rev = 600k, MCap = 420K right ??
Page 6. Revenue Q3 = $12,000. elsewhere $200 per barrel
means 60 barrels....from July to Oct.
I don't believe this company can continue.....
I got out at 0065 and 0074.....
I don't even care if they get "orders"...
they have a 5M order which in 3 months produced 12K
so why would more orders help ???
500,000,000 shares to add to O/S.
According to 10Q, 500,000 series D Preferred convertible to 1,000
common stock for each Prefd. So even if PXYN has 3M net income Q4,
that would mean 3,000,000/900,000,000 eps or .0033 in Q4.
So the stock is about half priced current levels assuming .01 eps for 2015....the SP would be .10..or .15 ??
Unless there is huge increase in sales/profit in H1 2015...
the stock may hang around .10 when Q4 is released...??
Yes. The S1/10Q indicated only 60 barrels shipped
since July !!!! How could any company take an order for 70 per week and
deliver only 60 in 4 or 5 months ????
KK most likely is real and works...but the order and shipment appear to
go to some recently created possibly dummy corp...not...NOT an end-user.
I got out when I saw that. There are no real customers...yet....
Made me think the whole enterprise is nonsense.
thanks KR8... do you grok the one dollar fixed offer price ??
how cd they set that in March...with no...zip orders ??
Still baffled by $1 offering......
the original S1 is dated March 2014..at which time they
did not have "purchase order" (min 70 bl per week).
Why would they think the stock is worth a one dollar (in March)
when they had not even acquired Allied or created FYA...
Can anyone explain......
And since the "purchase order" originated by FYA , which turn did not exist before July, how do we know that any real company wants KruudKleen ???
Why couldn't the real customers order from PGCX directly ?
I took another look at S1..still 560,000 rev
is what I expect. EYII is the mfg'er; Allied has exclusive rights as of July 23 and a cost of 65% of retail per barrel. EYII had customers and shipments before the deal on July 23. Those customers became Allied's on July 23. I think Allied paid 7M
to do the deal.
Did I miss info about EYII needing to expand??
Even if true I don't think that would reduce the 560,000.
I would assume the expansion is needed for the "other customers testing the product" and potentially ordering.
I am expecting 560,000 rev and 50,000+ profit.
From the July 24 PR P.O. for "minimum 70 barrels maximum 105 per week" for one year "expected to ship July 30".
From the July 30 PR "we have "begun shipment of the" first barrels.
So, 70 X $1000 per X 8 wks (till sept 30) = 560,000 dollars.
Current MCap 650k.....stock should go to 4 times annual sales,
projected at 5M gives MCP = 20M , SP should be 21 cents.
Any holes in the above ?????
Thanks to MakeitHappen. I like your style.
The news from your e-mail/response is very good.
The SEC wants the Q3-10Q....could be big...
I hope it is all clear next week.
I agree with your analysis...and conclude
PLUG needs at least 36M (" 3 times") product rev. to cover the SGA
and it appears that they need to cover the losses on service
rev. too. So it could take 50M in rev per qtr. to break even.
they seem quite far from 36 (let alone 50).....
For 2014, the forecast of 75M is 19M per qtr and at that run rate they lose about 8M per qtr (as shown in Q3).
Also by re-issuing guidance at 75M, Marsh by implication,
is forecasting 30-32M for Q4.....
Even at that lofty level they will still lose money...
since they need 36M to cover SGA =5M(assuming the current 12%
gross margin as a constant).
Maybe they can boost the GM to 15%....still need about 35M rev.
Is there a Dr. on this board ??
Does the resumption of feeling in Jordan's lower back indicate
or predict the resumption of autonomous movement ??
Looks like BLDP will supply PLUG Class 1,2,3
since ReLion seems to be relegated to Telecom - stationary power
according to latest PLUG PR.....
Six mos. ago, BLDP said they had doubts about ReLion stacks
-- not robust enough for transports....
When I read the PR, it implies Relion not to be used
even in class 3 forklifts.
Anyone else with that impression ??
I haven't figured out the calc for $1/sh but
I also assumed (se it is a fixed price) there must be
some awesome over-the-top news coming.....
If this sock goes to $1 then the MCap 93M
and allowing 3 times sales, revenue would be 31M
not out of reach...but far from the projected 5M on the current P.O.
UK, I was referring to the fixed portion of their
"Cost of Products" when I quoted the 5M figure.
So it seems according to the link (thanks) that
the 10M Cost of Product has 5M of direct or variable cost and 5M of fixed. Anyway, on seeing the data in the link I will try to recomputed the revenue needed for net profit. The 50M per qtr
may be too high.
Thanks UK, very considerate response
Born in Southampton. Where do you come from ??
Only asking because so few truly courteous people
on lesser boards.
PLUG concerns me, I ran some hypo numbers and
I calc'd that they need 50M rev. per qtr to show
a profit (using 25% gm and 5m fixed o'head per qtr plus circa
7M SGA + RD)
They have referred to their 5M fixed OH a few times and the SGA + RD is extrapolated from their 10-Q's.
So it is hard to see net income 'till 2016 ???
BTW, thanks much for the link WVPENNY
I could not reconcile some of the O/S numbers
S1 states 126M OS before offering (10/28/14 ??)
but buried much deeper..like pg 20 or 30
S1 says 93M o/s ... is that the july number ??
so they sold 33M shares in 3 or 4 months ?? (at the sub-penny level)
Why the $1 fixed-price in the S1 ??
if they really want to sell the 35M shares,
they would price them realistically....
so maybe they think the stock will rise to $1
within 180 days..... (MC = 151M if all new shares sold)
based on the "potential customers" who were already "in process
of receiving shipments...
also S1 says revenue from the "purchase order" (min 70 barrels per week...right??) began in August so by nov 15 we should get an income statement that could be pretty good....
the S1 said 18 barrels shipped as of filing (July 5th approx.)
and more coming when customer's site ready....
if they actually shipped 8 weeks in Q3 at 70 min times 1000 per
that's 560,000 bucks rev....with today's MC of 800k approx.
this could get really good
An open request.. pls confirm WMT will convert all 158
centers to FC tech. via PLUG ??
I have some Jan call options and would like to increase
my position b4 Nov 12 rels.
I am glad to see lots of other NVIV followers.
Would not want to go solo in my support of this Co.
I hope you are right...household name...sounds good.
I thought NVIV already had fast-track IDE
and the 5 patient req.mt is an IE concession
Do you think it gets to market before 2018 ??
No - BIR said "sell" 6 months ago but
Tom Bishop is holding some shares.
The newsletter said basically tired of waiting.
Looks like a long slog...5 patients in series with min of 3 mos
each PLUS pivotal trial at the end....comes to 2017 at the earliest.....
and we all know that time is not the first priority in bio-tech
so maybe 2018...19......
it took them 6 mos to go from FDAOK to first human treated...
I am amazed at the muted reaction in the stock
last week from 50 cemts up to......75 cents
I see many money-losing bio-techs with even longer lead times
(like Ph I, II, III ....) with higher mkt caps....
According to Tom Bishop (BI Research) 3 weeks for the monkeys
to get up and walk/run around.
Thanks for the link UK...I sit corrected
I misread the press release on the Newswire
but Relion is making the class 3, as you stated.
it looks like BLDP is the backup supplier on class 3.
Long term (2017) supplier to PLUG.. Great news
this means in 2014 BLDP will get more than 15M in rev. from PLUG
and the revenues increase in 2015 as PLUG tries to fill its
150M backlog...
BLDP was understating the growth in mat handlg..
they said 50%
but the numbers are more like 2013...6.5M, 2014 15M, and 2015 more like 20M
Relion cannot handle class 2 or 3 forklifts and they must be failing in class 1 also....
I project 24M rev in Q3 for BLDP based on plus 3.5M in telecom
and plus 2M in mat hndlg...so 18.5M (Q2) plus 5.5 = 24M
thoughts ????
Thanks YB, the strategy seems to be:
2015 Wocket - swipe mag stripe (it will take the 10 million
merchants at least a year to install EMV chip readers)
Then, maybe 2016, upgrade the Wocket to chip tech with NFC also...
All speculation...but nobody wants to commit to obsolete-on-arrival tech.
EMV std imposed by Oct 2015.. can Wocket function
by imprinting a blank chip instead of blank mag. stripe ??
EMV is happening.. initially the EMV Cr cards will continue
with the mag. stripe...but these will be phased out...as in EU
Merchants will bear all liability for fraudulent use after Oct 2015 (currently, card issuers bear liability for card-present
transactions)
So merchants will have to upgrade their POS terminals to read the EMV chips or take the risk of fraudulent use...
Would really like to go deep with NXTD, but does anyone know if the wocket will be upgraded to EMV by 2015 ??
(the FAQ answer at co website says wocket will fn if EMV card has the mag.stripe...(but that will be phased out - late 2015))
thoughts ??
seems wocket can't win without EMV compatability
Thanks so much Tiny...very unselfish
NXTDW exercise price = 3.23 , expire 5 years from offering (sept 2019)
I think the stock price will be far above 3.23 by 2019 so I bought some warrants for 62 cents each.
The analyst coverage has a stock price target of about 8.50 for 2015....so if all goes well the warrants will rise to 5.27 approx.
As soon as I see that Wocket sales are flying...I'll get more warrants.....
How much cash left ?? was around 17M Q2
I am concerned about another capital raise...
seems the burn rate is 8M per qtr ??
BUYNSCT...have you reversed your stance ??
Do you agree the 90M anti RS will be intact/untouched by RS ??
If so, it would seem unanimous that share price will drop to
abysmal levels.....
Didn't you quote the filing "all common shares affected uniformly"..... how does that jive with the 90M protected commons??
Since Co Mgt. left this in ambiguity, maybe they are too loose
for my liking...