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.
I said the same thing in his wowza stock board but obviously he deleted the message. He dumps very hard much much much before the price he touts for day and night. Typical Pump and Dump style.
I believe in MLXO but not in Mr WOWZA.
ok LOL. But who is the buyer , do you have a link ?
Interestingly they say 'accept the 15 cent offer' but they dont say 15 cents per share. :)
What happened to MLXO and SKZW and ZLUS. You said you would NOT start new position until you take current holdings to their targets ?????
SKZW is in very BAD Shape WOWZA
even when 3 billion A/s is maxed. Then you divide net worth of the company (Total Assets minus total liabilities) by total shares let us say 3 billion. (i.e. 16 millions/3 billions) it gives you PPS of .0053.
Check finance balance sheets on google finance and the check the facts.
I will hold it AT LEAST till .0053.
Good maths but whats the basis of taking multiplier as 8. I usually use 2 or 3 when i say conservative.
For a Pinksheet stock these numbers are mindblowing.
Even if you follow a simple rule to find a stock price i.e (Current total assets - total liabilities) / number of shares it will give you a good possible target.
We should also keep in mind that they have filed for an increase in Authorized shares to 3 billions. So we will get diluted now and then. But this will be the time to buy.
with three billion shares A/S also it gives you a target price .005 but very likely all the authorized shares are not in the market yet so PPS will go more than .005.
Correct me if I am wrong with my math.
hmm. I am a new poster here. Bought WTCT yesterday worth few hundred dollars and holding. I want it to go up but can someone inform me, what WTCT has as asset that it will be an attractive candidate to be bought.
They are management company looking for new technologies. Their website has lots of texts but no real material. No patents. No collaborators. Not even any hot tech partnership. The news they released yesterday could be or could not be just a hoax, as it lacks concrete data. I think WTCT is running on momentum and is a good candidate to ride the momentum. BUT NO FUNDAMENTALS HERE that makes it a buy out candidate.
You are trying to scare a person who is either making a trick statement or is an ignorant fearful novice trader. If you play pink stocks too fast you lose money, if you hold them for months you lose money.
Pink stocks go up and down in 20-30% range very fast and if you panic and sell you make little profit that hardly covers your broker's fee or you keep losing.
Buy a stock you decide to get in and then hold it for a day or two and keep adding on dips. Remember there are people who want you to sell and you will see sells on lower price that do not make sense e.g. sell worth 5 dollars (and you know that broker's fee range between 4-10 dollars and sometime even more).
Usually these t-trades that are trades made during open market and settled after the market closes are typical tool to scare people, especially when they have low price (because stock traded at lower prices before rising significantly).
T Trades are the settlement of unsettled trades during the day. OPTZ traded in range of .0012 earlier in the day and and someone with weaker hands has released all those shares.
OTC/PINK sheet stocks do not trade after 04:00:00. so dumping after hours is not a possibility. It closed at .0028 and last trades were in range of .0028 is the fact that many bashers are trying hard to deny.
People will try to trigger panic to make weak hands sell tomorrow morning so that they can buy.
i think it will have momentum in the morning to .007-.0075 then stay around .005
ok thanks db
According to email reply from Zecco it seems R/S has not been implemented yet and according to other poster it s been done.
Do we have factual info if the shares we bought or sold today are post R/S or R/S still has to take place (Date ???). Once R/S is done we will not be able to trade post R/S shares for few days.
Whats the day when post R/S shares will be posted in our broker's accounts. Dividend is on Post R/S shares or Pre R/S shares ?
Thanks
AUTO was at .0008 now he has shares to sell at .0006
we need some light on how it traded in the past. What i could conclude so far is that A/S is high but float is low and par value of share is high i.e. 0.01 which means SDIR directly can not dilute below the price of .01 per share.
I am new to SDIR, can people who have followed it for a while comment on 50 billions A/S ? Though I see a par value of .01 that is good (but not enough).
Fo5, this is the problem that majority of the shares were bought at HOD and we closed 25% down. The point is if PRMO is selling those HOD shares, we have no way of knowing it. NO WAY. if there is a way please make it clear sans emotional pleas.
In my opinion PRMO is diluting. You start your day with 4 MM on ask and then you have heavy buying and in 30-40 minutes you have 6 MMs on ask ???????
100 plus millions shares did not shake even a single MM on ask (instead number of MM increased) and only couple of million shares crashed the 5 MMs on bid.
Its not MM game but PRMO is supplying shares from the recently increased A/S of 10 billion shares.
As i said earlier that PRMO is heavily undervalued but if PRMO guys will not have patience and are in urgent need of money then dilution is going to offset all the momentum and keep it at .0001 to .0003 range.
IDOI has 50 billions and trading at .0015 plus range, with no net profits and no positive asset-liability value.
assets - liability = $ 10 million plus
Just for that equation alone if you divide with whole of the authorized shares bulk i.e. 20 million shares (= 10,000,000 / 20,000,000,000) it gives you a price per share.
Add their revenue on the top of it. These are just factual numbers , no pumping here and no prediction here.
IF YOU WANT TO DISPUTE It PLEASE PLEASE DO IT WITH THE FACTS....
assets - liability = $ 10 million plus
Just for that equation alone if you divide with whole of the authorized shares bulk i.e. 20 million shares (= 10,000,000 / 20,000,000,000) it gives you a price per share of $ 0.05.
Add their revenue on the top of it. These are just factual numbers , no pumping here and no prediction here.
IF YOU WANT TO DISPUTE It PLEASE PLEASE DO IT WITH THE FACTS....
Crossbow can you please share this email from CEO where he advised that there will be no reverse split. If this is true then its a big relief. Since the time I have come across of this RS possibility I have been quite upset and even sold big amounts of shares on friday. I have told it every time that they have good products to sell but their share structure and lately continuous supply of shares scared me.
Crossbow If I wish I could also change my ID and post under another ID. But I am staying here with the same ID and trying to correct impressions my text could have given. Hope you will understand
Please dont label me as a basher. I will like it very much to see PPS going up because I still hold shares.
To everyone- I am really sorry for my strong expression if this is giving negative impressions of my attitude. I was very much disappointed with the significant loss in DDSI and I also felt that some steps management is taking may be not in good ineterest of share value. I have been perhaps too string in expressing my opinion.
I have no intention of attack intentionally to damage DDSI share value because i myself hold shares. So anyone who thinks I am bashing this stock or management for my interest and against DDSI's interest should forgive me.
on short list again
http://www.nasdaqtrader.com/aspx/regsho.aspx
Crossbow and CTB both of you may be right (although as you blame me for bashing I can blame you for false pumping) in my opinion possiblity of reverse split Shupin has mentioned hints more dilution and worst thing he has told that even for running expneses (not just CGM acquisition) they need to sell shares. If you guys has little experience in stock market then you will understand what I am trying to say. Dont try to entrap new investors by posting these PENNY STOCK articles. They are gambles at their best. And only good thing is that here you still can put hard work in doing analysis and modulate your chances of winning. Look how sick DDSI is. CGM is earning 88 K net profit (yes CTB I know the difference between revenue and net profit) and this the only profit they have. Now even if you double tripple it in coming years its less than haf million dollars. DDSI is having 10 million dollars debt and do the math how much time its going to take to look like a healthy microcap. Most negative aspect is that the management is not able to sell contactless fingerprint scanners in profit in years. Now if you think Erik Hoffer will get them millions of dollars of contracts in this year and next year then No one Should argue with you because you cross the level where one can even argue. He actually openly criticizes govt in public. You may find it good but i find it lack of diplomacy. If he would have been so well connected, CGM should have been bought with more decent company which is at least listed and is not one that eats money from shares for even bed tea in the morning. 600 K cap and 10 million dollars of debt with 5 million dollars convertible debentures on default and you are posting these penny stock article for such stocks.
i am sorry CTB for repeating many things again but some of you seem to be trying to pump DDSI too much as if all it lacks is publicity when we have seen that after whole of august trading (diluting) 2 billion shares (and going down in pps) and now talking about reverse splits and accepting that they are dependent on selling shares for operating expenses, What do they have to tell to public.
And please in future dont try to use language like SEC is watching to scare me and show the level of your intellect. I am not a novice investor trying to pump or bash. I never post a rumor I dont fabricate the facts (you will see the proof below).
Have fun with this mail and with your 7 million shares.
___________________________________
From: Tshupin@aol.com Add to Address BookAdd to Address Book
Date: Fri, 2 Sep 2005 14:53:42 EDT
Subject: Re: Investor support
To: jaurthur@yahoo.com
Dear John,
Thank you for taking time to contact us. We are quite pleased with the amount of interest and having to reply to many of our shareholders since the acquisition of our subsidiary, CGM Applied Security Technologies, Inc., last March.
Specifically, in response to your question regarding "float and outstanding shares" please note that our 10-QSB for the period ended June 30, 2005 disclosed that as of August 11, 2005 DDSI had 623,158,193 outstanding shares. With respect to "rumors" of more dilution coming because of convertible debentures, please note that we have disclosed in our SEC filings that DDSI had been dependent on private placements of its common stock and the issuance of convertible debentures to cover the cost of operating expenses. The issuance and terms of the convertible debentures that we have outstanding is also described in our SEC filings. Obviously, the number of shares of outstanding common stock increases each time there is a conversion. Our 10KSB for the year ended December 31, 2004 has a section entitled "Recent Sales of Unregistered Securities" which discloses the share conversion amounts for that period. The issuance of the convertible debentures enabled the Company to fund its requirements at the time of the financing, including helping the Company to finance the acquisition of CGM. There are approximately 80 million reserved shares, which are not in the float.
With regard to our future plans for the stock, we have stated in the above referenced documents, that we would consider the possibility of a reverse split. All possibilities will and are being considered as options. At this time, however, we remain committed to growing the company...our target markets have real needs...and our company has the proper solutions. We believe that growing a profitable company is the best long term solution for our shareholders, stake holders...and employees.
CTB point is not positive and negative factors. Point is do you consider a bad management and incompetent CEO really just one of many factors. For me this is a qualifier.
I was right about dilution coming from convertible debentures. This is what I got as reply from Mr Shupin. They are even considering reverse split. FIRST DILUTE AND THEN REVERSE SPLIT (AND THEN DILUTE AGAIN), I dont know if this is the smartest way.
------------------------------------------------------------------------------------------
With respect to "rumors" of more dilution coming because of convertible debentures, please note that we have disclosed in our SEC filings that DDSI had been dependent on private placements of its common stock and the issuance of convertible debentures to cover the cost of operating expenses. The issuance and terms of the convertible debentures that we have outstanding is also described in our SEC filings. Obviously, the number of shares of outstanding common stock increases each time there is a conversion. Our 10KSB for the year ended December 31, 2004 has a section entitled "Recent Sales of Unregistered Securities" which discloses the share conversion amounts for that period. The issuance of the convertible debentures enabled the Company to fund its requirements at the time of the financing, including helping the Company to finance the acquisition of CGM. There are approximately 80 million reserved shares, which are not in the float.
With regard to our future plans for the stock, we have stated in the above referenced documents, that we would consider the possibility of a reverse split. All possibilities will and are being considered as options.
----------------------------------------------------------------------------------
How long they need to keep paying for CGM a company earning 89 thousand dollars. In their financials they told the loss is because of this, debt is because of this and now they are selling shares (millions through convertible debentures) for this, they have bought CGM or MGM (Metro-Goldwyn-Mayer) by mistake ?
sho list and igtn
http://www.nasdaqtrader.com/aspx/regsho.aspx
yes ctb because some people dont seem to understand when i say it in one way, then in discussion its normal you try to rephrase and try to make it more understandable. You have been repeating yourself pretty much talking about nice things regarding Erik Hoffer and CGM and DDSI. Difference is you use very vague text composition of words a pure poetry in devotion of DDSI, and I have been posting some numbers with logic and reasoning.
Question - CTB are you capable of participating in discussions ? I have been reading your old posts and I never noticed you talking on the basis of some DD but you dont lose a chance to criticize someone coming up with research that may be anti 'CTB sentiments' about CTB's investments (if he has made any).
This is what I also agree with
_____________________
in the starting i also thought that MMs are buying. But MMs will not accumulate millions of share of a company which has cap of 600 K dollars and debt of 10 millions dollars, because if you assume 1 billion shares by now ( i am damn sure that we are around 1 and half billion out standing shares) then calculate the PPS this still does not include 10 million dollars of debt and convertible debentures of more than 5 million dollars. Shupin has pumped it and collected money by selling millions of shares. Very typical of pink company. DDSI is not bound to reveal to us if it has given a billion of shares to an MM at .0005 and then this MM is selling us all the time at 0.001 and sometimes even higher.
At price of 0.001 and 1 billion shares outstanding company costs a million dollar whereas its cap is only 660 K with 10 million dollars debt.
Common sense rule of market. If there is no dilution then high volume suggests increase in demand and in absence of dilution PPS should have been on sky with 2 billions shares trading in last 3 weeks.
If there is demand but promptly satisfied with new supply the price stay constant.
DDSI is artificially holding the price at .001 and in between pumping it to higher for short pulse to be able to keep selling at .001 and collect hundred of thousand of dollars. They will do it as long as they can (they have 9.9 billion shares authorized) After they are done then people like me and dranig will be holding millions of shares that no one will be interested in to buy.
And then SHUPIN will give some pumped PR saying to investors hey guys your company is proud to declare that we have been trading 100 times of average volume. THIS IS MOST IDIOTIC TERM FOR A CEO TO USE, Who cant use the word share value. DDSI IS in BAD SHAPE AS FAR AS FINANCIALS AND SALES GO, BUT IN HOT MARKET IF YO ARE GOOD YO UCAN START IMPROVING WITH GOOD MARKETTING AND SMART STRATEGY TO CREATE GOOD NAME AND FAITH. THATS WHY I GOT IT, But now after I have seen a sample of Shupin' strategy I know now that How a dumb CEO and management board of a company with fantastic products can collect 10 millions of dollars debt, and beat the drum of a small company making tapes and seals and latches.
HE IS NOT FRANK MOODY................
No Stock I held million of shares and got rid 0ff 75 % of them. I am just expressing my honest opinion.
In August more than 2 billions of shares have been traded. If there is no constant supply of freshly printed shares Price would have been on the moon. Someone stated a very simple rule of market - if there is high trade and if its buy and if demand is promptly satisfied by fresh input the price stays stable. if there is no supply of fresh material the price starts rising and no one can stop it.
which MM would like to hold millions of shares of a company of cap 600 K and 10 millions dollars debt and 5 million dollars worth convertible debentures and a CEO who does not know the difference between share value and share volume. If a company needs to sell share or convertible debentures for day to day run then ........
I can understand your feeling, when you hold a good amount of shares you find it difficult to see and understand things which give dark impressions.
Good luck with your investment.
i am not able to sell my shares at 0.0009 so its still not the bottom, Looks like no one is interested in buying.
pr pump can help pps only when there s no direct indirect supply from company, and os in less than 500 miilion.
i read it, but did you understand it after reading it.
With respect to "rumors" of more dilution coming because of convertible debentures, please note that we have disclosed in our SEC filings that DDSI had been dependent on private placements of its common stock and the issuance of convertible debentures to cover the cost of operating expenses. The issuance and terms of the convertible debentures that we have outstanding is also described in our SEC filings. Obviously, the number of shares of outstanding common stock increases each time there is a conversion.