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ALL
Any current word on the Trab case
1:15-cv-01366 Southern District of New York
My Pacer account has expired.
Thanks
IMO
I believe someone or "group" is playing with fire in short trading INTK. If something turns positive like much higher earnings or a big report with name OEM contract, this/these people would be toast.
1.3 billion shares are available for shorting. The last two weeks have seen shorting sales at the 80% level or higher. Below are the short numbers. Who is covering the sales is up for grabs. May be a MM or maybe bokerages are using your shares to cover at the end of the day.
Historical Short Volume Data for INTK
Date
Close
High
Low
Volume
Short Volume
% of Vol Shorted
Apr 29
NA
NA
NA
15,846,963
13,237,999
83.54
Apr 26
NA
NA
NA
19,110,500
17,698,000
92.61
Apr 25
NA
NA
NA
12,680,555
11,856,184
93.50
Apr 24
NA
NA
NA
11,484,271
8,711,532
75.86
Apr 23
NA
NA
NA
731,500
727,000
99.38
Apr 22
NA
NA
NA
5,940,309
5,735,409
96.55
Apr 18
NA
NA
NA
6,727,850
6,230,816
92.61
Apr 17
NA
NA
NA
1,360,000
1,095,000
80.51
Apr 16
NA
NA
NA
1,925,670
1,912,448
99.31
Apr 15
NA
NA
NA
29,500
27,500
93.22
Trader,
Something that concerns me is the quarterly revenue reported in 2018. Each quarter was about 100K. Given this stuff cost $500 a gallon, it would mean they sold 200 gallons a quarter or 60 gallons a month. Since each gallon covers 300 square feet and it takes 3-4 gallons to properly treat an area, this means their sales cover about 6000 square feet per month.
My local Sherwin Williams store sells 60-100 gallons a day. Each gallon covers 300 square feet and require multiple coats. But SW has thousands of stores. Therefore, how can one say INTK is a TOP PLAYER in Global Insulation Coatings with such a sales record?
INTK is not exclusive. INTK is not worldwide. And INTK is a ant in the big picture of insulation coatings. My guess is PPG or SW could swat INTK out of the ball park any time they are ready.
Unless we see 5-10 times the quarterly revenue average this May, INTK is headed no where. Just my opinion.
Richard2
Go to the Canadian SEDAR for BMSPF filing. They are up to date.
Edward
Early this year they did a 5 million run. It took about three days.
Crazy,
Except for the melt down after the March 31st deadline, it looks like most of the trading is day traders shorting in the morning and covering later in the day. About 50% of the trades are short each day. The exception are those buying back in to resume their long position.
istorical Short Volume Data for ARYC
Date
Close
High
Low
Volume
Short Volume
% of Vol Shorted
Apr 08
NA
NA
NA
3,171,981
1,575,282
49.66
Apr 05
NA
NA
NA
7,184,970
1,646,389
22.91
Apr 04
NA
NA
NA
50,067,253
19,914,059
39.77
Apr 03
NA
NA
NA
14,719,883
4,027,520
27.36
Apr 02
NA
NA
NA
36,107,809
8,079,500
22.38
Apr 01
NA
NA
NA
34,595,955
7,727,384
22.34
Mar 29
NA
NA
NA
3,527,209
1,176,345
33.35
Mar 28
NA
NA
NA
4,805,750
2,091,401
43.52
Mar 27
NA
NA
NA
9,493,411
4,296,492
45.26
Mar 26
NA
NA
NA
5,482,736
3,244,644
59.18
Mar 25
NA
NA
NA
7,153,592
3,709,535
51.86
Mar 22
NA
NA
NA
2,954,212
1,362,124
46.11
Mar 21
NA
NA
NA
3,147,145
1,484,271
47.16
Mar 20
NA
NA
NA
7,500,530
4,147,518
55.30
Mar 19
NA
NA
NA
2,753,588
1,122,850
40.78
Mar 18
NA
NA
NA
1,035,229
513,237
49.58
Mar 15
NA
NA
NA
3,420,087
1,881,227
55.01
Mar 14
NA
NA
NA
4,126,170
2,447,722
59.32
Mar 13
NA
NA
NA
4,571,672
2,026,457
44.33
Mar 12
NA
NA
NA
6,903,051
2,669,478
38.67
Mar 11
NA
NA
NA
8,643,970
4,390,372
50.79
Thanks PhillipD
They must do things differently in Louisiana. A 140 million US Dollar plant is supposed to be built on this ground in the next three months and not a sign nor a construction stake is anywhere to be seen. Strange!
Nope
80+ million shares moved the last three days. 20-25% were shorts. I believe the shorts hit a wall today and will let time pass waiting for frustration to set in again. Therefore, no 4's and no 7's. Just boring days ahead until May 15th. Surprised the stock endured 80+ million of sales and keep out of the 000.
Other than financials, the real wild card is the FDA. Walgreens has had a horrible week and they could use a real dynamite product to get their store sales moving. Something easy to market and sell in their clinics. Also something Medicare provides coverage. But FDA approval would open up in store tests for all. AND millions of test kits to support these sales efforts. Hard to sell a product that is not on the counter.
IMHA
Given the past few days, I think he is out of the deadline business.
You can say that again!!!!! And Again!!!!!
Longs are dead in the water. Too bad I trusted Mark!
Live, Learn and die poor.....
Good night all.
Look folks.
In five hours we will know if this is a PROVEN SCAM or NOT.
Right now I am going to go to the boob tube and see how the Schiff's of the world are doing.
See you back here at 1130 EDT.
Later
To All,
A general comment on ARYC and its fins.
Please remember ARYC must first satisfy the OTC regulators with their Fins data before it can be posted on the OTC and the CE removed. I draw a comparison with the stock INTK late last year. For months and months the CEO of INTK promised, stated, said the Fins were to be posted any day. The long and short was it took about six months for INTK to finally agree to post the Fins. And INTK was not CE.
The INTK CEO finally posted the FINs on their WEB site two weeks before the OTC. ARYC may be in the same place if not worse. Given the CE designation, talk of "wild" profit margins and the Theranos issue, the OTC may be waiting for FDA approval. And I am sure the FDA wants to put some space between all the bad press over Theranos and approving a new blood card test.
So the Fins may be done, signed and submitted to the OTC and now we all wait, and wait and wait.
Just my opinion
Justsayit,
Saved your post. We shall see what we shall see. Till tomorrow!
Cheers
To All,
There is entirely too much happiness happening on this board lately.
Where are the Negativenesssssssss………..
We need to hear more about "Mark the Cheat" and why the fins will never be published.
Come on people...lets get with the program. Negative, Negative, Negative!!
I-Man
Hard to tell who is driving this stock upward. But the SEC has yet to close it down. Somebody is answering the mail. But where and who is up in the air. And the exact location and status of Lee is also strange. Not really interested any more but a good mystery to follow. Sort of like "Who shot JR in the 1980's.
ACE
I wish not to curry ill will but ARYC meeting the share price of $4.00 per share is really not realistic. Even $2.00 per share is way out in space.
$2.00 per share market price would give this company a market worth of over $5 BILLION. For a company stock trading at less than $0.04, there would be so much interest by SEC, NASDAQ, DOJ, FBI and all other state agencies as to how and why this stock goes up 5,000 to 10,000 percent in value in one year.
I think the "NASDAQ Advisors" are just that. Looking for consultant monies at the expense of stockholders. These "Wall Street" crooks need to be show the door every time. The only thing you can derive from their visit is they are "farming the valley".
You know hbhmb I ask for a simple reply to a tweet by ARYC on their inventory.
You have to CLIMB ALL OVER those who response to an academic question.
WHY??????
Sell your shares.....Buy more shares.....but at least let some people gain some knowledge and experience from others. Not "sad sack" responses.
Ace,
In that vein of thought, here is a post from today about the ongoing audit:
Arrayit financial team conducts 2018 inventory observation site visit today at our Silicon Valley California USA headquarters with Prime Global independent auditing firm Rosenberg Rich Baker Berman & Company RRBB headquartered in Somerset New Jersey USA
http://www.
rrbb.com
Question is if this something done first of last during an audit?
Does anyone have any experience in this area that could comment in a reasonable fashion.
ALL
Happy New Year!
Well, my first question is "Did Lee get out of Jail yet."
It has been about 5 years since the FED's put him in the "Federal Resort".
ALL
This has been on the ARYC WEBSITE for a long time under the CEO's picture.
Arrayit Corporation (ARYC) CEO Rene Schena will provide a letter to shareholders as soon as the company resumes current financial reporting (fall of 2018).
Now why all of a sudden do we need to do a shareholder letter when the financials have not been released? Note is says "when the company resumes current financial reporting".
Happy New Year to ALL!!!
PS: Being retired I only get up at 5:30 AM to take a leak.
And I in my stocking hat had just settled down for a long winter's sleep....
Merry Christmas to all and to all a good winter.
SEE YOU ON APRIL 15th.
ALL
Tweet from ARYC today:
Arrayit CEO Rene Schena to provide a CEO Letter to Shareholders on 12/31/2018 updating shareholders on a wide spectrum of positive company accomplishments and developments including allergy and food testing expansion, billing, partnerships and financials
http://
arrayit.com/index.html
Merry Christmas to ALL.
ALL,
I hope you all realize the reports for the Fourth Quarter 2018 at not required to be made public on or before April 15th. They have 90 days from quarter close (year end) and an extra 10+ days to file.
Big guns my foot! We don't know who they sell to, how much they buy and how much profit they make on each sale.
Follow Smokey the Bear and send this one for a long winter sleep.
INTK is not headed for delisting and is current with OTC.
So buy another "pink" and move your game to that floor. This one is out of season.
ALL,
174 tweets today and I have learned nothing new.
You all act like you work for the GOVERMENT!!! You get paid by the tweet and not by its value.
Much said about NOTHING.....
Trav.....
This line worries me: Hope all is well this holiday season. If the plan is to have the fins out before the end of FALL 2018, then why the Holiday greeting that is beyond the December 21st date. If the fins are out before December 21st, Mark can wish us Happy Holidays at that time.
Questions for all those who have visited ARYC headquarters.
Did you visit the warehouse where the corporate inventory is stored?
How large is it in size? How many test kits did it have at the time of your visit?
Were there "ready to ship" test equipment units as shown in there WEB site "store" drop down?
Thank you in advance.
Been waiting for the INTK staff to review my simple request. Still no answer to who (by name) is doing business with INTK. So after the Twitter message from INTK about their simple plan, I figure to restate my email message here. I figure INTK reads this site as well. The message reads:
From an Investor,
Why must we continue to be in the dark on who you sell to. Twitter messages that say top 100 OEM firm, World's largest equipment manufacturer, large shipping firm, and others does not answer the question. Why the secret? You do not put it in your filings with OTC and you do not list them on your WEB site.
If you expect to be a NASDAQ listed firm some day with almost 2.5 billion shares outstanding That requires over $2.5 billion in capital market value), you better start laying the "we do big business with big named firms regularly" framework right now. Your simple plan is just that: SIMPLE. You want to run with the big dogs you better start associating INTK with named big dogs who like you and do business with you regularly.
So how about an answer! Stop the review BS and give us a list of your clients.
Trader
Never sold much at WHOLESALE Pricing have you.
Trader,
That is a $35,000 sale. About 1/3 the total revenue for 3d quarter.
Dear WEB,
This forensic audit "thing" is just speculation by those unfamiliar with company/government audits. They make is sound like is it something new auditors do to protect themselves from old auditor material.
Top Stock Picks
Sunday, 02/04/18 03:26:16 PM
Re: None
0
Post # of 108712
4. EVERYONE should understand that this is not a simple audit, it is a forensic audit requiring a much deeper look at previous years work by other auditors. This is a liability issue for the auditing firm; they must apply may test to their work and that has taken the additional time.
The current audit firm is responsible for what they produce. Not what John Doe did years ago. John Doe is on the hook for those years.
ARYC may have current issues with lawsuit, taxes, ownership, outstanding number of common shares, etc. All these would delay any audit for years.
But forensic audits are used for lawsuits where someone has challenged the current audit data as wrong or a fraud. Here the libel issue demands a forensic audit looking for reasons for the statement or why the accuser is subject to libel.
This exactly why I sent an email to INTK:
When will we see information on the current customers doing business with INTK and a list on contracts being filled by INTK
10:30 pm
Their reply to date was they got my message. Nothing else
Offline message sent from: http://www.ini-worldwide.com/contacts/
Nov 22, 2018 10:30 PM
INI Worldwide
Where and when was it reported, stated of suggested ARYC is doing a forensic audit. A forensic audit is defined as:
A forensic audit is an examination and evaluation of a firm's or individual's financial information for use as evidence in court. A forensic audit can be conducted in order to prosecute a party for fraud, embezzlement or other financial claims.
If you have not reported fins in years, exactly what is being audited?
Your comment is not reasonable.
HUMMMMMMM 10 business days have passed and LLEN is still listed. I guess they either replied or the SEC is "off for the rest of the year"....Must be a source of information error or just "Fake News"
And you have a nice day too>>>>>
Makes sense. Thanks
Can anyone tell me the length in days of a "quiet Period" with regard to financials?
This was the tweet today....
"Current Information " soon according to follow up call this AM with OTCMarkets and then will post Q3 2018 financials and filings on time. Q1 2019 will have PCAOB registered audit firm provide audited financials for 2018 and 2017 and proceed to uplist to senior exchange.
I went to the OTC company listing page for INTK and found the "Verified Transfer Agent" words missing. They have been there for over a month...now they are gone....Why if the OTC is getting ready to put INTK back on the market as in compliance. Very strange.....
As I said before....The moderators have left....the cheer leaders are gone.....calls to the officers have stopped...all the big deals have evaporated.....The shares are delisted.....we are stuck with worthless paper (or worthless computer shares)…...Just admit the Canadians have "left the building".....With your money......Taps please!
I AGREE with YOU! This will be months
Not this is a bad or fraudulent company....this Is a bunch of cramp people. They are slow, unprofessional, and supported by the wealthy garbage of this country. As is all the exchanges. They set up an exchange and it becomes a license to STEAL...…..MAFIA would be a better term for them.
Read this collection of words.....They said nothing except no news on when they will start or started construction....nothing on the bond issue being completed....nothing on sales contracts.....just a bunch of words....worthless....and it is obvious the OTC agrees....