posted
I think these are the new breed of stocks that are going to catch on fire. Look at AMRE up 2000% in a week, NAUC up 300%. This is looking good today.
Posts: 494 | From: Martinez | Registered: Sep 2003
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Orbit Drop Future Revenue Could Be $150 Million, Announces The OTC Report 06/08/2005 08:50 LAKE HARMONY, PA -- (MARKET WIRE) -- 06/08/05 -- The OTC Report recommends Orbit Drop, Inc. (OTC: OBDP). Emerging Growth Profiles has placed a $6.15 price target on the stock and says Orbit Drop is an exciting special situation with enormous potential. OBDP represents the latest technology in eBay drop-off service stores with an undervalued stock price of .80¢. Emerging Growth Profiles feels that their target price of $6.15 is very attainable and realistic. Within two to three years, OBDP could easily be trading in double digits. OBDP forecasts that it will sell out all of its US territories over the next six months meaning there will be an Orbit Drop Inc. franchise in almost every city across the nation! OBDP has received over 10,000 requests for franchises info, and at a minimum of $15,000 a store, that could be $150 Million in revenue from franchise fees alone. In an ongoing effort to keep investors informed, OBDP has successfully submitted it's 15c-211 to NASD.
Other active stocks are GigaMedia Ltd (NASDAQ: GIGM), Comtech Telecommunications Corp (NASDAQ: CMTL) and ImClone Systems Inc (NASDAQ: IMCL)
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $500.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.
posted
Successfully submitted to be listed on NASD. Would a R/S be possible to get there? Like GTE.
Posts: 1421 | From: USA | Registered: Dec 2004
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Orbit Drop Cancels 62 Million Shares Outstanding 06/08/2005 18:05 Effective June 9, 2005, Orbit Drop, Inc. (Pink Sheets: OBDP) will cancel 62 million shares reducing the outstanding to 140,550,000 million. This is the first of many steps Orbit Drop has planned to create more value for the investors.
Orbit Drop is a franchisor of eBay (Nasdaq: EBAY) drop-off stores. The retail Orbit Drop franchise locations offer an easy and convenient way to sell items online. It is most definitely an amazing concept, a store where people come to make money, not spend it.
Matters discussed in this press release are "forward-looking" statements. Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated.
The information provided on this release should not be construed as an offer of a franchise. Offers of franchises may only be made by delivery of a franchise offering circular (prospectus), and in certain states the offering circular must first have been registered with a state agency that regulates the offers and sales of franchises. The franchise is presently not being offered in the following states: California, Hawaii, Illinois, Indiana, Maryland, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia or Washington.
Posts: 1421 | From: USA | Registered: Dec 2004
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posted
I'm not experienced enough to know what all that means, but the the fact that they didn't release it before closing doesn't suggest it is good.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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posted
How can this be anything but good! The current market has the company valued at
222.55M x $1.07 = $235.99M
If you reduce the number of outstanding shares and assumming nothing else changes with the company (value of company remains the same) then:
value/shares = share price
235.99M / 140.55M = $1.68/share
makes sense to me,,,,,,If someone notices a hole in my reasoning please feel free to respond.
Posts: 434 | From: NEBRASKA | Registered: Feb 2005
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Thanks for the info and instruction. My own conclusion was that it increased the value of the stock, but I still wonder why they waited 'til after closing to announce.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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