PositiveID Corporation (fka PSID)

[greaseyfingers]

THE ANNUAL-MEETING OF STOCKHOLDERS WAS HELD-ON MAY-21, 2012

3. To approve and adopt an amendment to our certificate of incorporation to increase the total number of authorized shares of our capital stock from 180 million shares, of which 175 million shares are common stock, to 475 million shares, of which 470 million shares will be common stock;

Website Link to verify this information, as mentioned..
http://knobias.10kwizard.com/filing.php?param=&ipage=8192034&DSEQ=1&SEQ=3&SQDESC=SECTION_PAGE&exp=


bull_investor Saturday, May 19, 2012 12:33:45 PM
Re: makingbiigdough post# 715 Post#718 of 2776

S-1/A filing

this was filed on May 18, 2012

IMO, Accord to the filing, Scott R. Silverman sold(imo, dumped) 10 mill shares, the stock took huge selling pressure(beating), ofcourse - MMs will know this and play down the stock price, to avoid loss for them.

Look at page 41 of S-1/A filing, URL:
http://www.sec.gov/Archives/edgar/data/1347022/000139843212000419/i11778.htm

Previous S1 filing was filed around Feb/Mar 2012, in that - Scott's holding was around 38 million.....so within last 3 months, 10 mill shares were out.

Makingbigdough - When your gut feeling says its bottom....thats when Silverman hits you with another 10 mill ! So you will eventually feel there is no bottom for the fishing, LOL.

NOTE:- anything expressed above are just my opinions only.


bull_investor Sunday, May 20, 2012 11:04:57 AM
Re: greaseyfingers post# 726 Post #731 of 2775

There many investing in this stock just buying into news releases, rather looking into filings.
http://biz.yahoo.com/t/46/4203.html

Approx $86 million in debt, dilution, insider dumping around 11 millions shares, top mgmt getting bouns around $350k and
"no revenue" last few quarters.

what do you think?
Yes. I am going to buy more shares and average down to single digits, while, IMO, Bankruptcy looms near term.

Disclaimer :- Anything expressed above are just my opinions only.


bull_investor Monday, May 21, 2012 2:08:40 PM
Re: bull_investor post# 731 Post#741 of 2771

Read this-
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75775147#

my previous post that was deleted by this msg board moderator
is now restored by the investorshub support team.

Thank you support team!


bull_investor Friday, August 24, 2012 5:28:14 PM
Re: atrickpay post# 1248 Post#1253 of 2776

"..PSID is a scam or something.
PSID has actual lines of business. M-Band, DragonFly, iGlucose, Easy Check, Glucochip."

Yes - Those products are listed
--> Have they made any revenue?

As far as I know, they made "ZERO" revenue
--> not even $1000 dollars, for long time now I am waiting to see that day!
Maybe I am wrong, show me. I want to be wrong.

Also, do you know :

1. They have $86 million debt in books -- racked up (SEC Filings)

2. Both Mr.Cargol & Mr.Silverman(while active) - took home around $60k/month including bonus. (SEC Filings)

3. The above products of company have made "Zero" revenue quarter over quarter for long time now. (SEC Filings)

now, ask your same question "is PSID a scam or something?"
I don't know.

Now put that "Fire Sale" by Mr.Silverman somewhere in this picture -- you wonder why?
But do you see something obvious? no?

Disclaimer:- anything expressed above are just my humble opinions only.


bull_investor Monday, May 21, 2012 7:59:51 PM
Re: makingbiigdough post# 747 Post#748 of 2775

I talked to my spiritual adviser he says I am stupid even looking at this stock (cry face)

- Approx $86 million in debt

- dilution

- insider dumping around 11 millions shares, IMO, Scott is non-stop printing and selling shares (this is only involvement with the company)

-Top mgmt getting bouns around $350k

- IMO, most importantly "no revenue" last few quarters.

Yes. I am going to buy more shares and average down to single digits,
while,
IMO Bankruptcy looms near term.

Disclaimer :- Anything expressed above are just my opinions only


NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON MAY 21, 2012

3. To approve and adopt an amendment to our certificate of incorporation to increase the total number of authorized shares of our capital stock from 180 million shares, of which 175 million shares are common stock, to 475 million shares, of which 470 million shares will be common stock;
http://knobias.10kwizard.com/filing.php?param=&ipage=8192034&DSEQ=1&SEQ=3&SQDESC=SECTION_PAGE&exp=


bull_investor Saturday, May 19, 2012 12:33:45 PM
Re: makingbiigdough post# 715 Post#718 of 2776

S-1/A filing

this was filed on May 18, 2012

IMO, Accord to the filing, Scott R. Silverman sold(imo, dumped) 10 mill shares, the stock took huge selling pressure(beating), ofcourse - MMs will know this and play down the stock price, to avoid loss for them.

Look at page 41 of S-1/A filing, URL:
http://www.sec.gov/Archives/edgar/data/1347022/000139843212000419/i11778.htm

Previous S1 filing was filed around Feb/Mar 2012, in that - Scott's holding was around 38 million.....so within last 3 months, 10 mill shares were out.

Makingbigdough - When your gut feeling says its bottom....thats when Silverman hits you with another 10 mill ! So you will eventually feel there is no bottom for the fishing, LOL.

NOTE:- anything expressed above are just my opinions only.


makingbiigdough Monday, May 21, 2012 5:54:09 PM
Re: None Post#747 of 2775

Just finished up a wonderful phone call with my PSID spiritual advisor. (smile) I Feel BETTER about my investment in PSID than EVER before! This will be my last post until MAJOR NEWS is released! I also am resigning as mod! LONGS HOLD'EM TIGHT!!!!!!!!!!! MBD