Gent, where did I go????? No where!!!!!!!!! My personal life and my 'real' job have been taking a toll on me these last few weeks. I actually just now sat down to see the days festivities.
I realize that many are now TOTALLY pissed about the pps and probably a little worried too...the markets are made of fear and greed and right now fear is winning out big time, and not just for TRBY, take a look around, it's a blood bath for longs right now.
You have to take that into consideration....the market as a whole ALWAYS overreacts, temporarily, but eventually things will balance to where they should be...no way TRBY should have fallen to the .06s IMO, but let's face it, 490,000 shares isn't exactly the sky caving in....percentage wise, it sucks, but it's not on 10 million shares traded, not even close!!!
FWIW, I'll put in my two cents...
I'll caveat this however by stating that over the last few weeks I have received a number of PMs after posting statements supporting my 'continued optimistic' outlook....people saying that maybe I am being too pie in the sky, others saying that I am not saying enough, others just simply saying I should talk to Tom....It's now getting to the point that I am considering simply saying f*ck it, why bother, and just keep to myself and hand the iHUB board reigns to someone else. My two cents is my two cents, I ALWAYS add the 'IMO' in my posts. When I speculate, I make it clear its speculation. If I am going to get beaten for it, I think I may just keep my thoughts to myself!
Okay, for now, on to my two cents....
As I will now discuss, IMO ABSOLUTELY NOTHING has changed other than the direction the market makers have decided to move the stock and the fact that a few shareholders have apparently decided to take profits (or losses) and bail...nothing fundamentally has changed for the worse...NOTHING!!!! In fact, everything is progressing as planned...VERY POSITIVELY!!!!
1. First and foremost, lets take this crap that seems to be going around today about how this quarter was not what was expected.
In TRBY's March 30, 2004 PR, Tom stated
Timing also provides for an insight on the first quarter of 2004, which shows (un-audited) and comparing gross revenues including shipping, the current quarter, ending March 31, 2004, to be 171% of those in Q4 2003. In another comparison, Q1 business should be in excess of 50% of the total revenues recorded in 2003.
Q1 2004 net sales turned out to be $77,010.
Well, from the 2003 10KSB, total net sales were $137,944 and net sales for Q4 2003 were $39,793(total 2003 of $137,944 less $98,151 total through Q3 2003 of $54,524). So, 1.71 x 39,793=$68,046 AND .50 x $137,944 =$68,972
Thus, Tom did not mislead anyone!!! NOT EVEN CLOSE!!!! C'mon, look around, check IBZT today, that SOB mislead imvestors for months and still is trying to make it sound like he did nothing wrong....Tom once again made his statement clear today in the last line of the PR, our success as shareholders will not be made on hot air and fluff, I have said a number of times, the waiting sucks, but when we do arrive, we will not come crashing down.
2. Please, can all the f'n idiots stop posting the GOING CONCERN verbage from the 10Q like its some sign from the heavens...that wording has been in every filing thus far. Is it really a surprise to anyone that the company will need additional financing or that its success is based on future and increased sales of the Quill mouse???
I have said it many times and even Tom said in one of the PRs this year that, and I am paraphrasing, the absolute dollars of sales thus far are not by themselves exciting...it is the continued support of the business model and the potential that it shows that we all should be ecstatic about.
IMO, it has never been about the $77,00K this quarter, or $150K next quarter, or even $500k in two quarters....at least not for me, it has ALWAYS been about the POSSIBILITY of what could be given that one retail deal, or the one partnership or OEM deal, or the one recommendation, or the one whatever!!!
That has NOT changed!!!!!!!!!!!!!
...the company continues to progress and until public reports (not garbage coming from shorts on the discussion boards or those that just want to get in cheaper) show business fundamentals progressing in anything other than an extremely positive fashion I'll just hold on to my shares thank you, and maybe even buy more from the short sited and scared sellers.
People sell for their own reasons, market makers do what they do for theirs...no one knows for sure what drives stocks day to day but IMO, the only real thing you can count on is that the PPS in the long run will follow business fundamentals.
If you are scared, just take a look at the DD in the iBOX...has any of that changed????? NO!!!!!!!!!!!!!! That is my point!
3. Probably the biggest point I want to make is simply that things take time. Sure, I have been frustrated and totally taken back by the market reaction to the recent news. It just doesn't make sense, but I don't make the rules.
People keep screaming about financing....the company goes out and gets the minimum it thinks it needs to ramp up retail, rather than go out and dilute the company for the heck of it, and people are not happy. Unlike perhaps every other POS OTCBB company, he raises capital for RESTRICTED shares, and people scream foul???? C'mon, where's the justice in that?
Tom said in one of the recent PRs that he is waiting for milestones to come to pass, shareholder value to increase, and then consider more financing. The fact that Tom believes he can continue without getting financing TODAY is a problem for some people?? What the f*ck!!!!! Do you want TRBY to NEED millions today????? Isn't it better that TRBY gets financed with the minimal possible before sales revenue skyrockets????? Isn't that the idea??? The fact the CEO believes sales will start to bring in revenue enough to support growth is a bad thing?? How's that???
Okay, I too thought perhaps we would have heard about a retail deal by now, but Tom has said consistantly that things are progressing and EVERYTHING they are doing is moving toward that goal. It could happen next week or next month, NO ONE KNOWS!!!!! But from all indications, it is very close to happening!!!!!!!!!!
People selling now (very few it seems by the way) are short sited. Are you nervous, thining of selling? Go and find those people who sold to me at .006 when they just couldn't wait anymore...go ahead, see how they feel today????
The whole market sucks and people are getting scared and impatient...it happens!!!! Hey, to each his or her own!!
My point is that if you bought into TRBY because of an expecation that a big retail deal will be signed or a big OEM deal will be signed or that a big financing deal will be signed, etc., well, ask yourself what has changed that makes you feel that it won't still happen???? How do you know what Tom has on his desk????
Do you think the ordering of the new product, new logos on packaging, new bubble wrap, is all for show at the office???
I have said a number of times that my goal for the PPS is $1 by year end, $.50 by July (recently perhaps by June 1).....I did not speculate on that based on $77k in sales....no sir, it has been and is still based on the POSSIBILITY that any one of those stock movers I mentioned will happen...ANY ONE OF THEM!!!!!!
I am not psychic, I cannot see the future....maybe I'll be off a month or two, maybe not, who knows??? But all my DD has shown me and HAS NOT SHOWN ME OTHERWISE that it can and will happen this year!!!!
Let me give you a TRBY example of how I was right in the past, not EXACTLY right with timing, however, but pretty close. If you check my posts on Raging Bull last Fall, you'll see that I said MANY times that it was disappointing that we were not getting news and that is was disappointing how quiet it was...however, I also said that I was giving it to 12/31/03 and then would reevaluate. Well, 12/31/03 came around and we had still not heard definitively either way about AJW, but there were signs that things would still come out positively...so, I stuck to my guns and said if the AJW news came out bad, well, we lost, BUT, if the AJW news came out good, we as shareholders would win, and we did!!!! That news did not come until February, over a month after my initial reevaluation point...I was close though!!! So, ask those that sold in December or January how they felt when the news did come???? Think they were happy?????
Everyone has to make their own decisions, of course, and I wish you all good luck with whatever you choose to do. For me, I know that there are MM games being played, those who bought below .02 and are still holding may be looking to take profit, those that bought above .10 may be looking to sell as they are getting scared, etc., etc., etc.....there are dozens of reasons I can think of that MAY cause the stock to go up or down in the short term...who the hell knows for sure!!!! It is the longer run, and I am talking months now, that matters!!!!!!!!!!!!!!
What I do know is that the reasons I bought and have stayed around have not changed for the worse, in fact, they have continued to get better and better. All Tom has done for us is to stick to a plan that will possibly get us to $1 by year end...all he has done is continued to dramatically progress the business with little funding...boy, I sure would hate to invest in other companies with CEOs like that!!!! NOT!!!
Until something definitive comes about that shows me that retail deals are not going to happen in the next few weeks or months, or that an OEM deal is not likely to happen in the next few weeks or months, etc., I will be here, long and strong!!!!!!!!!!!!!
IMO, any price drop is a buying opportunity, plain and simple!!! Just like the opportunitiues I had at around .01 to accumulate while people stayed away and others sold out....
Good luck to you all...do your DD...this was all IMO!!!!!!!!!
AI
Market Data 
Markets 
