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.
"bell345... you are such a crack up... I think every poster on this board and on Ihub knows the risks of pink sheet stocks." You do. I don't.
"Yet you think you are going to save the world trying to inform us of the risk involved." No, just letting people.
"You scrrewed your self, Nobody did this to you!!!" - No, I got out in time and have almost made back all the money I lost.
:We all know the risks!!!" - Not everybody knows, a lot of inexperiened people start here.
"I mostly trade pinks I made a small fortune on this stock and plan on doing it again in 2006." If that's true you're an exception to what usually happens.
One Other Thing. Anybody contemplating putting a penny into this company should read all of the messages on the other board. There're some "old time shareholders" there who know a lot about this company: http://www.agoracom.com/nonmemforum/main.asp?pgnum=1&topic=Motion+DNA&tr=
Bid .14 - .19. Boy, things sure look bleak here. I've almost recovered all the money I lost in this stock, in other LISTED securities. I think the only shareholder that will have a merry Christmass, is Zig. Like I read in Investor Business Daily, don't let you small losses grow into large ones. Good advice. I'm sure glad I sold and got rid of this loser company. Ten cents and under is coming. Little hope here. STAY AWAY FROM PINK SHEET "STOCKS".
Bluechip penny stock. Just showed a profit and revenues are growing. Trades on AMEX under symbol IAO. Management very good on SEC filings. Check it out. Get some before it's over a 1.00.
http://biz.yahoo.com/prnews/051117/nyth065.html?.v=28
Bluechip penny stock. Just showed a profit and revenues are growing. Trades on AMEX under symbol IAO. Management very good on SEC filings. Check it out. Get some before it's over a 1.00.
http://biz.yahoo.com/prnews/051117/nyth065.html?.v=28
Bluechip penny stock. Just showed a profit and revenues are growing. Trades on AMEX under symbol IAO. Management very good on SEC filings. Check it out. Get some before it's over a 1.00.
http://biz.yahoo.com/prnews/051117/nyth065.html?.v=28
IAO just became profitable last quarter, trading @ .35 - .40 on the AMEX
http://www.knobias.com/individual/public/news.htm?eid=3.1.139798bb7c23a6686c11145e24c025163d5a69aee6...
IAO just became profitable last quarter, trading @ .35 - .40 on the AMEX http://www.knobias.com/individual/public/news.htm?eid=3.1.139798bb7c23a6686c11145e24c025163d5a69aee6...
They might have something with their product(s). But until they get to about 20,000,000 in sales and become a reporting company, its extremely risky to gamble here. Especially with their past record. Small companies fail for many reasons.
If your don't like it report me for a violation, I have done nothing wrong. It's a public forum. I follow the users agreement:
http://www.investorshub.com/boards/Terms.asp. There're good reason to be negative, they have lost a lot of money for small time investors.
Your the one sitting on the massive losses.
I would advise anyone before they buy to wait till they become a reporting company.
WOW - .18 This morning. I was thinking it was going to .10, then when they came out with a profitable balance sheet I was thinking it should be able to trade between .25 and .50. Looks like very few people have confidents in the management. Maybe a pink sheet balance sheet doesn't mean as much as a reporting one. If they ever start to be a reporting company, people will take them more seriously. Looks like the selling continues because the management continues to make deadlines, only to break them (the five day one). I'm watching another company that did something similar to MTDX but with a stock dividend. It's crashing too. http://finance.yahoo.com/q?s=IDWD.PK
The thing I learned about this experience is that you can't expect a pink or OTCBB to act like a listed or small cap security , that is concerning news releases. There're in a class all of their own.
There're another pink trying to give out money: http://www.knobias.com/individual/public/news.htm?eid=3.1.6d72ba38be96d60b866912209c903821b4e86cc0d1...
"why do you care?" - I want to see if I was right or wrong in selling my shares. I try to predict trends to make money.
It's just following the same thing it did last year, get out while you can still get double digits. It's not bashing, it's the facts, look at its chart.
Looks like .10 is the next stop. No suprise.
$1.5 million in revenue through the first three quarters of 2005 - Big deal - This company is still too small to gamble with. My brother's three employee accounting firm does more business then that.
* The Over the Counter Bulletin Board (OTCBB) - This is an electronic trading service offered by the NASD, and it has very little regulation. Companies will trade here if they are current in their financial statements.
* Pink Sheets - Even more risky than the OTCBB, the Pink Sheets is a quotation service, and it does not require companies to register with the SEC or remain current in their periodic filings. The stocks on the Pink Sheets are the most speculative there is.
The main problem with being delisted is the trust factor: people lose their faith in the stock. When a stock trades on the NYSE or Nasdaq, it has an aura of reliability and accuracy in reporting financial statements. When a company's stock is demoted to the OTCBB or Pink Sheets, it loses its reputation. Bulletin Board and Pink Sheet stocks lack the stringent regulation requirements that investors come to expect from NYSE and Nasdaq-traded stocks. Simply put, without these requirements in place, you cannot trust the information you receive.
Another problem for delisted stocks is that many institutional investors are restricted from researching and buying them. This lack of coverage by analysts and the fact that mutual funds will never invest in them means the stock has an even steeper climb to making it back on a major exchanges.
I see the glass about 75% empty, because that's about what the stock is down it appears for most shareholders.
The thing that scared me is that last year the same thing happen and the stock went to a penny and they did the reverse split. It's following the same pattern. That's not bashing , those are the facts.
Maybe he can do something by this Oct, 14. I watch this with interest to see what happens in the end.
Let's see what happens by Oct 14. Maybe they can do a miracle.
I'm not a basher, just look at the two year stock chart. I don't like to see small investors get hurt.
From my personal research, most people don't consider a pink sheet stock a real company until they start filing with EGAR or have financials for everybody to look at. So in my opinion, you cannot compare this to a small cap NASDAQ or higher. Most pinks never make it. Very risky to be buying this on the way down. They could make it but it's not likely. The one thing that will probaby happen if they make is that stockholders will be last in line.
Not trying to get anybody upset. Bear and bull make a market.
Most of the posting for this stock is on Yahoo.com
They better come up with some big news or you'll be holding this thing for years because only a hand full of people are going to take them seriously until they do.
After the way they treated their shareholders this past two years their not believable until they do. Nobody that has big money to move the stock would touch this thing or even consider it after the way the buyout was handled. Stay far away from non reporting companies, you cannot even tell what is going on.
Unless they come up with the big contract or news, .10 is coming.
It will probably be a dime by the end of the year. Not trying to bug anyone but this company has lost millions for it shareholders. Just look at the chart. Sell now!!!!! before you're diluted again. There're a 1000 other stocks better than this one.
Ok - Good Luck - I have a 100 shares as a reminder.
Didn't mean that they couldn't do something with Formula it's just going to to be hard because it seems that the investors that own most of the stock are content to let the stock price languish because they are down so much and they want a lot more than Formula can pay.
100's of millions of shares - that's why most of them don't go anywhere.
See what happens in the next few weeks.
It's going to be hard because there're just been too much stock that has been issued. 36,000,000 is a lot for a company this size.
Everybody before they buy any stock should read this put out by the United States Government Security Exchange Commission: http://www.sec.gov/investor/pubs/microcapstock.htm.
I put this here not to bash anybody or company, but for reference material.
Here's a link to the United States Security Exchange Commission (SEC). Good general information about pink sheet stocks: http://www.sec.gov/answers/pink.htm
The least they could do is tell their shareholders that the corporate update is rescheduled to ???. No, what do they do - total silence - more disrespect to their shareholders.
Maybe if there would of paid more attention to the shareholders and investor relations, the stock wouldn't of fell so far and buyout would of passed.
Because I want to see how this turns out in the end. I never seen one like this before.
Was not trying to bash, honest opinion. I really hope they come out with big news so all the people holding can recover.
If they don't do something soon - it looks like it will be trading in the .20 to .30 range!! Looks like it's only a few ticks away from this!
No fear - they can do another R/S to fix things for themselfs - not the shareholder.
They need some big news to break the downward spiral.
Exactly why most people will never touch a pink sheet stock, plus several other good reasons. See: http://www.investorshub.com/boards/read_msg.asp?message_id=6468671
Why in the world they don't move off the pink sheets as soon as possible is a mystery???
They could probably add 10% to ?? in share price, just becoming more visable and viable. Would make it more easy to raise capital, ect.
Maybe the coming news will merge them off the pinks.
The thing that's interesting about this company to me is this: they have a lot of stock outstanding for a small company in my opinion at 36,205,402 shares. But it looks like only one to two million are ACTIVELY traded. It looks like the vast majority of shareholders aren't interesting in selling until there're a large recovery in the share price.
Assuming the news releases are accurate, there're willing to allow this company to fulfill it's statement that they can grow 10 to 100,000 million. I've never followed a company like this before and find it interesting to see what happens in the end. Good luck all.
I'd really like to see them turn things around for the people that are holding because of the 3.125 buyout bid, but and as I put on the other message board, nobody will take them seriously until they get off the pinks and/or get a big contract with one of the sports teams they talked about in one of their press releases. Hopefully they can do this.
Until then, traders will buy on the news and sell a few days or hours later. They had all kinds of news releases last year but in April the stock was at a penny. My opinion: their still in pink sheet hell. It looks very bad for them staying on the pink sheets and not making an effort to be fully transparent. Why are they not wanting to disclose more information???
Because there're a non reporting company. The LLC who made the deposit could take back the deposit and they wouldn't even have to report it?? Probably not, especially if they don't have to report financials ever to the shareholders.
Seems like they can report (via news releases) pretty much what is convenient for them. Come to think of it, (I'd have to reread all the releases to be sure) but I cannot think of anything really bad that they released except for the buyout vote which of course they had to. Good luck to the longs.
I "Add Person Mark" - marked you. Will try to check some of those non pinks.
Wow - I would never buy a pink again. Dummy me didn't know this. I would of never thought that the SEC would allow this.
Who wants to fool around with junk like this when there're so many better situations. I mean, they could make it - and you could win the lottery.
Looks like if they don't get a contract by the end of the year (or sooner) it will be under a dime. I'm going to keep the 100 shares in my account as a little reminder.