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Money,
Good Luck to you also. Just remember that Rich consistently talked of low-hanging fruit, exponential growth and the shareholders were going to see it soon..........soon never happened.
Look into the big banks and the blue chips. Huge money was made in companies like AA,C,BAC,GE and they traded as low as some of these OTCBB. I think there is the opportunity of a generation in several Dow stocks without all the management BS. Look at some of the regional well capitalized banks....big potential. I held this for three years and got nowhere. I held AA, BAC and Citi for 5 months and got a windfall. There are so many companies out there that will recover in the next 1-2 years. You may not have as many shares for your dollar but the businesses are established and solid.....Good Luck to you and sorry for causing the .001 share-price today......but something I never realized with Tom and Rich here is "capital gains"....Have a prosperous life.
Sorry guys...that was what was left of my position(824,000). Tom failed..then Rich failed after 3 years. I am not willing to watch another come in here and take over a shell. Rich never really seemed to have it right...although he like Tom said he did. Last time I risk any money at an OTCBB investment. All senior management quit or were let go and that was my final straw. I had to realize to take the loss which will cover the profits made this year in the big banks. Good luck to all of you who stay in the game here and be careful what you are told and are willing to believe....See ya.
I was kidding about Large.
Who knows what is up here. The only 2 key players up and resign..I wonder who will take over the shell time and what the new product is....you gotta luv the OTCBB. Not a word from Lauer? Nice way to treat the shareholders.
Well, who is minding the store. Sounds like a good old fashion house cleaning by those holding the funding and debt. Well there is 3 yrs of wasted time. Who is left? the Italion guy. Where is Large when you need him...bring back the mouse.
Not sure George leaving is a good thing. He handled the cash infusion for the company. Is there a problem here???? maybe and that is why the silence and we sit at .003. I am very concerned at this point.
What the company has stated and done in the past 3 years hasn't helped either........hence the world of otcc. They did however hit/surpass the 800,000 in sales I was hoping for....the profit margin was horrid though.
I figured 800,000 sales top end.....1 million was a surprise. The drawback is that the margins are horrible. Who knows how long we can continue....we shall see.
Earnings,
The webcast obviously didn't do much. Based on what was said regarding earnings, I expect 600,000 to 800,000 in sales for this quarter.
Good job...now the earnings have to support the listing....
Earnings....
Nothing to right home about.....Huge expenditures for little income. I dont' see the correlation between the press release commentary of the past regarding excessive daily growth in sales vs what has been posted in todays' "q". I dont' like the commentary regarding inability to continue business for 12 months without raising significant cash. I do not like the "q" results obviously.
I wouldn't put another dime into this until we see if the sales are growing. Last quarter they languished and we missed the quarterly step up we should see with a growth company. I do give them the benefit of the doubt as they had some write-offs. I am expecting close to 500,000 in sales this quarter. We will find out by May 15th. They should have filed for a re-enlistment on the OTC.
Slowly we grow...interested in seeing those quarterly numbers.
A little more interesting every week....we shall soon see.
cBullard,
I do not know if we will see a nickel much less 1 dollar. There are 4-5 investors that own 4-17-35 million shares. Not sure how they will ever profit trying to sell that much in the open market. I have always looked at this as a very lucky second chance as we should have gone bankrupt with trby. I am hopeful this strategy works and one of the major telecommunications companys' in Europe takes them over. I have always said that I think this is the only way all the major players get their payday. At this point, who knows. We will all have to wait and see how the current plan unfolds.
mikeymac,
They have found an unexploited market here and it has taken them quite some time to figure out how to exploit it. Hopefully, we begin to see that growth this quarter Jan-March. I think they should at least hit 400,000 in sales.
Like I said, I think they finally got the right business model and are starting to turn the corner....we need to go back to the OTC for the fanbase. We shall see.
Well...they are actually completing what he set out to do. It took some time but what start-up doesn't hit its' bumps in the road. Like I have always said...this was a second chance after the tom debacle. We need to get off the pinkies next to gain some recognition. I think we will see that as soon as they can post some solid revenue/profit numbers. I think we are due for 1st quarter shortly. As always....we shall see. Triple the daily volume means about a million a quarter revenue....with a 60 percent(guestimate based on prior quarter)profit margin or 600,000.00 minus new equipment costs and that is to start...WOW.
Sounds like it cost a significant chunk of money and time to divest 2 old business plans. Let us see where this takes us.
4,600,000 loss....nice
It makes no sense to sell at this point. If the money is lost, it has been lost for 3-4 years now(thanks to previous managements bull)...so it is not a factor. I think there is a chance this gets turned around. I think they had to struggle for a while to figure out the correct way to enter this market. Since it was previously unexplored, it ended up as a trail and error endeavor. Anything to the plus side here is a gift of lost money. I am looking for towards a "K", application for OTC re-enlistment(which we should qualify for with the timely "K" release) and a synopsis of the past 6 months and future events.
Sorry if you think the stock markets up and downs have anything to do with how AKYI trades. I am just reviewing the lofty posts of the past in anticipation of the holidays and the cold hard facts of black and white. Load up guys.
Holidays sales vs .009. Werent we here 6 months ago?????
Cbullard,
Looks like it has been a long road here with many traps along the way. They think they have it now based on previous company synopsis. Hopefully, we will see a new synopsis shroly explaining all the pitfalls and the attempted road ahead.
Hey cbullard,
On the surface it seems as though they have backed out gracifully. The original terms and deals have been revamped at least 5 times and the original enticement has gone from site. It appears as though they were interested in the original terms 1.5 years ago but now???? At least it puts 36 million or so so shares back in the bank. Interested to see 4th quarter results in the "k" and if they hit the 200 store goal.
B Ball
Seems like it...we shall see. K coming soon.
Yes....they got 249,000 for them. I think we paid over a million over the past year or so.
Good to see an update...I would like to see an update on total store tally as we move forward (200 by months end).
Well, the 249,000 obtained for the stores appears to coincide with everything else (fire sale). What did we pay...1,000,000 plus for these assets? Funny. Well at least we know why we have not moved....trial and error. Hopefully, they have got it right now. Seems like our piggybank fund is taking it seriously now wanting a pay for performance route. We shall see.
Don,
The only chuckle I had when reading the press release was at the end of the document stating that they would continue to increase value to investors and shareholders in the coming months(parphrasing). Not sure what they were thinking with that statement (continue)??? but hey I am only trying to figure this whole thing out.
Don,
Watch their website under "press". This seems to be where the are putting out the weekly updates. I assume it is cheaper than paying the 600.00 to cross the business wire or ap.
Update...Well it looks like all the money and effort for the 1st year of ICCW has been dissolved. All assets sold. I guess that was the initial plan. At least they got 25 cents on the dollar for those assets(guestimate). Hopefully, the new plan is doable. They seem to be confident it is. We shall see.
Mortgage1,
I for one want to buy in but am waiting.....waiting for an entry point. Until now, it has been predictable. I think if after the holiday season shows minimal headway is the time for me. Until then, I will wait until SUBSTANCE appears. The pinkies are to easy to get caught in the hype and ultimately get caught with your pants down.....5% aint' enough.......yet...hopefully more will follow. I still think Christmas is a bust which is most retailers biggest season...40% plus of their yearly.
Dog,
They are already "HEAVILY" diluted...that is what pinkies are.
5 percent is nothing at 360 million shares. They amount of product that has to be sold is going to have to be SIGNIFICANT. I am not sure in this economy.
Stock buyback??????
I know I know....I will be scrutinized here but a stock buyback???? Who cares..what are there 363 million shares out there so that comes to 18 million that means there are still 345 million shares left....the company is still highly diluted..it will not make a difference in the stock price. Get excited when they actually sell enough product to balance the 345 million shares left.
Yeah Yeah Money....but ultimately I was right. Things werent' right with that investment period....you dont' even know. Dwelling on the past will make you bitter...move on.
Money...Geez...let it go buddy. A little bitter? By the way, you show your sheer anxiety here so either get back on your meds or its time to visit your shrink.
By the way, its' McCain not McKane. Should learn the correct spellings of the presidential candidates' names before you get all political here.
Did trby ever sell 1 million dollars of product in there 1st 16 months as a company...Hmmm...I think not.....but by the private conversation of management and posters here you would have thought they were Fortune 500.
Relax Buddy...it the grand scheme of things....its only "money".
Interesting that the Adamis fund(formerly Black Diamond)which appears to be the single largest shareholder and financiar is asking for these terms. The money loaned to them for the start up has obviously been used in a different direction. Now 16 months later the company asks for 350,000 more...it appears now Adamis got smart and supplies it in tranches and wants daily/weekly updates..imagine that ACCOUNTABILITY...PAY FOR PERFORMANCE..Congress should take a page from Adamis with that 700 billion taxpayer free-fo-all. If anything comes of this, I guess we will all know shortly if the past 16 months have led to success. Daily/Weekly updates...unprecedented in a pink-sheet....we shall see.....I wonder if Adamis sees that the current business plan is not working via the daily reports if this enables them to stop the supply of funds?
Unless..........we have a new plan here?????? Weekly shareholder updates????? Daily progress reports to the payee....let us see how and why this materializes....we shall see.
Money...Toms' plan failed and failed miserably. He couldn't raise funding anymore and he could sell the product...period. The direction was bankrupcty which would have occurred 2 summers ago. For this to take over, shareholders had a reasonable chance to at least break-even. 16 months later it appears that we are in the same boat. The original plans here have fallen through including a delistment. As with Trby, what appeared to be a decent chance appears to have fallen through again. I call a spade a spade. To many fairy tales danced through people heads at Trby. At .0001, I will stop here.
Yup.....I think your right. The thought and intent were there but they never really, really hit the goals established.
Oh well...we had an extra 16 months for a comeback.
Agree....we should have been a hell of alot farther along than we are....at least that is what the initial perspectous led us to believe. I think we at least should get a regular internet website update to allow all to know what is or is not developing. This has almost been as painful as the old TRBY. We exchanged on dragged out demise for another??? We shall see.