I think I will be getting some of this tomorrow... Chart setting up... A litle volume and it will go .... Financial no bad for a penny and getting better...
Best thing they are have not diluted in a year ... same OS as last year.. 200 M AS 109 AS
SENTEX SENSING TECHNOLOGY, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET NOVEMBER 30, 2004 AND AUGUST 31, 2005
NOVEMBER 30, AUGUST 31, 2004 2005 (AUDITED) (UNAUDITED) ASSETS
CURRENT ASSETS Cash $ 12,872 $ 37,165 Accounts receivable — trade, net of allowance for doubtful accounts of $55,000 98,206 152,518 Inventory 103,550 105,333
OTHER ASSETS Goodwill 36,042 36,042 Deposits 990 990
37,032 37,032
TOTAL ASSETS $ 251,660 $ 353,248
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES Notes payable: Related party $ 6,203,340 $ 6,372,058 Trade and other accounts payable ($913,174 and $1,347,125 to related parties) 1,171,122 1,684,421 Accrued liabilities 160,476 47,795 Consulting contracts payable 21,249 21,249 Convertible subordinated notes payable 12,423 12,423
TOTAL CURRENT LIABILITIES 7,568,610 8,137,946
STOCKHOLDERS’ EQUITY Common stock, no par value Authorized - 200,000,000 shares Issued - 109,460,911 shares Outstanding - 101,764,911 shares 2,867,579 2,867,579 Accumulated deficit (9,915,061 ) (10,382,809 ) Treasury shares at cost, 7,696,000 shares (269,468 ) (269,468 )
TOTAL STOCKHOLDERS’ EQUITY (7,316,950 ) (7,784,698 )
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 251,660 $ 353,248
SENTEX SENSING TECHNOLOGY, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE THREE MONTHS AND THE NINE MONTHS ENDED AUGUST 31, 2004 AND AUGUST 31, 2005 (UNAUDITED)
THREE MONTHS ENDED NINE MONTHS ENDED AUGUST 31, AUGUST 31, AUGUST 31, AUGUST 31, 2004 2005 2004 2005 REVENUES Sales $ 1,305,970 $ 660,884 $ 2,680,314 $ 2,280,982 Interest and other income 24,256 707 59,889 160,506
Total Revenues 1,330,226 661,591 2,740,203 2,441,488
COST OF GOODS SOLD 997,675 406,587 2,144,379 1,433,473
Total expenses 357,762 401,053 1,141,941 1,228,940
LOSS FROM OPERATIONS (25,211 ) (146,049 ) (546,117 ) (220,925 )
OTHER EXPENSE Interest Expense 51,903 77,625 161,178 246,822
LOSS BEFORE PROVISION FOR INCOME TAX EXPENSE (77,114 ) (223,674 ) (707,295 ) (467,747 )
PROVISION FOR INCOME TAX EXPENSE — — — —
NET LOSS (77,114 ) (223,674 ) (707,295 ) (467,747 )
NET LOSS PER SHARE (BASIC AND DILUTED) $ (0.00 ) $ (0.00 ) $ (0.01 ) $ (0.00 )
WEIGHTED NUMBER OF SHARES OUTSTANDING 101,764,911 101,764,911 101,764,911 101,764,911
See Notes to Consolidated Financial Statements
[ November 08, 2005, 20:38: Message edited by: Prdponce ]
Posted by Livinonklendathu on :
Looks good - sort of the Fred Sanford of the computer equipment business.....
Posted by marcinek on :
Nice.
Posted by jakeo on :
Good call P! That chart is SEXY. Been looking for something to get in like this. Thanks for the heads up! Will be gettin some tommorrow too!
Posted by jakeo on :
Income Statement Get Income Statement for:
View: Annual Data | Quarterly Data All numbers in thousands PERIOD ENDING 31-Aug-05 31-May-05 28-Feb-05 30-Nov-04 Total Revenue 662 1,023 757 1,175 Cost of Revenue 407 674 353 787
Gross Profit 255 349 404 388
Operating Expenses Research Development - - - - Selling General and Administrative 401 419 409 402 Non Recurring - - - - Others - - - -
Total Operating Expenses - - - -
Operating Income or Loss (146) (70) (4) (15)
Income from Continuing Operations Total Other Income/Expenses Net - - - - Earnings Before Interest And Taxes (146) (70) (4) (15) Interest Expense 78 90 79 59 Income Before Tax (224) (161) (83) (74) Income Tax Expense - - - - Minority Interest - - - -
Net Income From Continuing Ops (224) (161) (83) (74)
Net Income (224) (161) (83) (74) Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares ($224) ($161) ($83) ($74)
Looks like they are getting better over the years, my question is why the recent drop to a penny?
Posted by jakeo on :
any thoughts on this one today? pondence?
Posted by Prdponce on :
quote:Originally posted by jakeo: any thoughts on this one today? pondence?
I think it will move up as it gets some volume.... It could be days or a couple of weeks with low volume stocks.. For one the company is not diluting and for a penny stock financial are so so.... I dont think It will get lower at least no until a run comes...
Charts are primed .. MM's Seem willing for what i have observed in prior days. Just need to light the fuse...LOL
Dont get greedy here I would sell on the run up... JMO.. GLTY. Check out the tread on SSVG. It will play the came IMO
Posted by JimSC on :
The chart looks interesting. I wll do some DD about it. Thanks, Prdponce.
Posted by Prdponce on :
quote:Originally posted by JimSC: The chart looks interesting. I wll do some DD about it. Thanks, Prdponce.
Your welcome... Should have waited until it moves...LOL
Posted by JimSC on :
SENS: After some DD, I like it and will take a position soon. I also found BANY interesting. BANY: at 0.088, it hit the bottom; quarter report due in a week; watch it.
Posted by JimSC on :
SENS and BANY will jump soon.
Will wrote: Saw BANY's volume unusually high.
JimSC (edicom2k) wrote: The MMs have taken down the pps to collect all stop-loss sale orders between 0.008 to 0.0095, getting ready for next week's quarter report, which will trigger a rally. Watch it!