Hey Choo-Choo, no I haven't seen any other boards on VOIP. My DD was brief when I bought and I was screening for cheap stocks with good revenue growth and a reasonable number of OS. According to the latest figures, revenue growth was 638.8% year over year, and I also liked the incredible growth in shareholder equity over 3 years. I need to do more research as well. Right after I bought, the share price moved quite dramatically showing me a 15-16% profit, only to retreat just as quickly. I like to park and percolate for a while, so didn’t sell and only time will tell whether or not I was a dope for not doing so. I bought on 5/26 and this morning see that there has been massive insider selling (“planned sales”) starting at the end of May, so that could explain the decline in share price. Hmmm….

http://finance.yahoo.com/q/it?s=VOII.OB

Hi choo-choo. I think it's absurd and there's no reason that I can think of--other than the usual evil market forces playing games and trying to scare us. Also, it looks like today may have been a turning point, and I'm thinkin' as the CC approaches, the share price should start heading in the right direction. I thought I got a great bargain on my initial buy at $1.05 and see it hit .42 today--wish I had been around to catch a few of those! Reuters is giving VOII an outperform...

I'll try to check in here now and then. Good luck to you.

Well, there's news today...

http://biz.yahoo.com/prnews/060615/lath034.html?.v=57

Hi avdave. Thanks for the depressing post (I remember you from the previous board--I was Pomfretgirl).

Yes, unfortunately it appears that Zig has pulled off quite the cruel joke. The PR at the head of this board from just about a year ago on the buyout still makes me so angry...if that isn't fraud, then I don't know what is. Aargh...Good luck if you're still holding 100% more shares than you ever wanted like I am.

10 cents. Zig has committed FRAUD. Fraud is illegal and no safe harbor statements can whitewash what he has done to long-time shareholders. This is the worst investment decision I ever made.

Here is my post from the RB board (for what it's worth).

MT, looking at the new 10K for the 3/06 quarter, shareholder equity is now $9,502,752 (up from $96,111 last year), so the way I figure it, that equity divided by 10,034,808 shares now outstanding (per new 10K), would equal a BV of about $.9469 per share. Also, I found this rather interesting from the 10K re: warrants exercisable at $.80 and $1.20!!

“1,016,537 shares of common stock underlying warrants exercisable at $.80 issued to certain of the selling stockholders pursuant to SENIOR SECURED CONVERTIBLE PROMISSORY NOTES on March 14, 2006;
677,691 shares of common stock underlying warrants exercisable at $1.20 issued to certain of the selling stockholders pursuant to SENIOR SECURED CONVERTIBLE PROMISSORY NOTES on March 14, 2006;”

That $4.21 book value figure was was according to Yahoo’s figures (link below), based on the 12/05 quarter (I think). Not sure how up-to-date some of these sites are.

http://finance.yahoo.com/q/ks?s=CBAY.OB

Hi lowman, it seems bizarre that the share price is so low. I just bought in this morning and am wondering if anyone here was holding shares on the ex-dividend date, which was 4/21/06, to be paid on 5/25/06. According to pinksheets, that dividend is 4 cents per share...on a 25-cent stock?

Seems just a little crazy to me. I definitely need to do more homework on this one! (seems too good to be true).

8 million in the float; 16 million OS according to Yahoo. Book value is at $4.16...

http://finance.yahoo.com/q/ks?s=CBAY.OB

Robsct: Basher? What the heck are you talking about?

Hi. You make good points and I would be careful here until they become fully reporting, as there are no guaranties. I haven't checked their By-laws, and wonder if they can increase the number of authorized shares without shareholder approval. Also, just to share a dismal experience I had with a pink: Zig Ziegler and Motion DNA. I was one who believed what he said for years now and then watched my investment turn to trash-he said they would become fully reporting too, among a zillion other promises never kept and he made countless FRADULENT statements in PR's about contracts, patents, and buyouts. The only PR's that had truth were the ones announcing reverse splits, forward splits, i.e., messing with our shares, and I have absolutely no faith or trust in him or the company, as I believe shareholders were mislead.

I've been watching and researching this company for a while now. The DD shared here has been great, and I thank everyone for it. A few seem to know this CEO personally and have respect for him. To that, I can only say that I used to have respect for Zig and the company, but now about 4 years later, he has proven himself to be a liar. That's the thing--can we trust this guy? Does he really know how to operate a business and have a sound business plan? This LBWR doesn't really act like a pink, but then again neither did Motion DNA 3 or 4 stock symbols ago.

I do like the current relatively small number of OS and the float and especially the contracts they seem to be landing from legitimate companies, so I'll be watching and doing more DD. Just not sure if I'm ready to buy yet...good luck everyone. Just my two cents.

Hey hoping, thank you. Did you notice the NIKE license reference? Why wouldn't that be worthy of a PR?

"Shoe-making giant Nike has licensed Motion DNA’s software with plans to use it this fall in gait analysis stations at Nike sponsored races."

Oh wettstain, there really is no need to be concerned. Zig basically told the shareholders in December that we shouldn't bother him or expect him to talk about anything, and when there's something to report, by golly, he'll clue us in at that time and not before. He was rather snippy about it, too, but he did say they were "close" to signing a contract with a major/pro type client. So...we're to just leave him alone so he can do his thing, whatever that is.

I called a few weeks ago. At least this time, an answering machine was plugged in and the nice lady voice explained how very busy they were taking other calls...

Go Zig! We love ya!

The PR in early February about the distributor training is just about my last glimmer of hope. The JP Fitness website mentioned in that PR seems legitimate, but who knows. ZZ owes us a status update.

Also, not so encouraging is the fact that Motion DNA is in default with the Nevada Secretary of State as of 2/1/06; then a Resident Agent Address Change was filed on 2/21/06.

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?CorpID=503864