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ok vanilla ice
I've reached out numerous times. He greeted the board and put this big shareholder letter thank you on the website then went silent. Hope that means the deal is getting done :)
Well the buyback should at least get us up to .0128 :)
Amen gypsy - thats what Im talking about. We are very fortunate, esp being in this stock.
Very true - this could really go from here imo.
ACYD - I think they will issue a PR re: a higher buyback target considering the movement since the last PR - they may buy less shares but I think the target will be in the .05-.06 range. JMO of course :)
GLER - great news, great share structure, should put this WELL over .01. Should be at .005 right now just based on the news alone. GLTA!!
What if there is a big day tomorrow and the share price is past that amount on October 1 - will they buy back shares or not? I've called IR to find out what would happen.
GLTA!!
Is there a conference call today, or did I just misread something? Thanks! Looks good guys!
CBYI - has bounced off 0011 multiple times for big gains. Holding the rest of my powder for that. GLTA!!
CBYI - maybe an important fact that gets lost in all this is CBYI has NOLs of approx $37M that can be used to offset income of a like entity (tire company). Not many other shells have that. That in and of itself is worth well over $10M in tax savings. Something to think about. That's why this deal is so attractive to Camber imo.
Email from ceo@calbayinternational.net:
Our agreement is still in place, and I believe the market is responding to a mis-worded document by Mark McCoy of Cambertire, who's e mail response to a Investor was posted on message boards.
We will update the market by way of a Press Release...
I asked if the merger was still a go. Take it for what its worth. Im limited to one post a day, so thats it for me :)
LOL no its not.
1.9M bid at .005!
One word - NOLs - look at the massive losses sustained by CBYI that John gets to use against future income. Same industry, so no limitations on the NOLs. I know Im a CPA ;)
SITS so strong!!! Going hard into the close here!!
SITS - yes agree close of .007s imo.
SITS hod right now!!!
SITS going insane now!!!!!!
4.3M bid at .0061 SITS!!!!!!!!!!!!
3M bid at .0057 WOW!!!!!!!!!!!! SITS!!!
1/2 of the 10 day vol avg and up over 35% - she's getting tight just at the right time! CBYI!
Im up over 400% on what I have left and made over 700% on what I've already sold. So I'm pretty good.
Also, remember the letter to shareholders posted on the website a couple of weeks ago, doesn't that also verify that the deal is real and upon us? Thanks for your wisdom Rainmaker, you are much appreciated and valued around here.
The PR references cambertire.com as the company's website? Why do you think that is?
LOL!! Yes, we know you.
Note the website still says cambertire.com on the PR :)
SITS - should get to a penny EASY!!!!
SITS green again! Best penny around imo!
SITS nice bounce - this should be at a penny RIGHT NOW!!!
SITS - $250K in NET INCOME last quarter (annualized $1M), has PLENTY of cash, and just reduced OS by almost 1/2 to 180M - NO BRAINER!!
SITS - exactly OG!
SITS taking off now :)
WHEN we pass .01 (which will be today imo) :) Go SITS!!
SITS When the CEO does that, he REALLY wants the share price UP!!!
SITS - best fundamental penny out there right now with REAL valuation (not project) of .055-.165 based on ACTUAL net income and multipliers.
Wow thanks Green!
SITS - multipennies EASY here - over .01 tomorrow. Valuation of annualized net income of $1M (already have $250K last qtr) and multiplier of a MODEST 10X would be .055 share price. Cant wait!!!
SITS 2.4M bid in now!!
SITS 2M bid at 55!!!!!