posted
With the delay in distributing the VKB I believe that IBIZ will be able to allow their inventory to accumulate rapidly. This seems to be something overlooked by many. Perhaps this negative delay will transform into a positive influence in PPS.
If we can reach the market with a higher volume of product then perhaps its the jumpstart we needed all along.
posted
KS is a schister I can't belive this delay! If it is true and he has lied again then I think we will see sub penny monday morning. the whole thing stinks . I know that these stocks are risky but this is way out of hand. I have sent an Email to the same Arizona States Attourney and asked them to look into investment fraud considering all the outright lies. In my opinion these are not set backs they are misleading and blatent lies. If this new information is true then he has more supprises for us and to date none have been even close to the truth.
Posts: 146 | From: bagram air base, afganistan | Registered: May 2004
| IP: Logged |
posted
but dont you think he has way to much riding on this? what about the people who have already ordered the product?
im gonna be pissed! i dumped $3,000 into this.....i dont want to jump the boat because i am down, but im afraid if i hold for "the big bang" ill be hurting even more.
part of me still thinks we will pull out and be ok this summer
posted
what would have to happen in order ofr IBIZ to fall back to the pink sheets? is this a possibility?
Posts: 6949 | Registered: Apr 2004
| IP: Logged |
quote:Originally posted by CashCowMoo: With the delay in distributing the VKB I believe that IBIZ will be able to allow their inventory to accumulate rapidly. This seems to be something overlooked by many. Perhaps this negative delay will transform into a positive influence in PPS.
If we can reach the market with a higher volume of product then perhaps its the jumpstart we needed all along.
any opinions?
This was posted by Mainstay on the other IBZT thread sounds like PASSING THE BUCK TO ME.
I wrote ED from IR today, because someone had posted something similar to this on the RB boards today, so I wanted to verify it for myself. This was Ed's response. "According to Ken Schilling, President and CEO of IBZT, the company will not accept further shipments of the virtual keyboard until the manufacturer, Enterprise Capital, obtains the necessary certification. It is the responsibility of Enterprise Capital, as manufacturer of the keyboard, to obtain the approval."
My thoughts.( poorman ) I'm only in this a couple of thousand as I don't keep most of my investments in penny's but I know some people are in this heavy. I have one friend in at about 35,000. I've never felt real good about this stock hope the get it togeather soon.
[This message has been edited by poorman (edited May 22, 2004).]
Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
| IP: Logged |
posted
well we all waited for the announcement of shipping.
and then the PPS falls.
then KS says it has to go through certification.
now he says they will not take anymore shipments from the manufacturer untill there is certification.
i don't know but I call BULL S**T!
KS has taken no personal responsibility for anything, passing off his lame excuses and delays.
a CEO is the top man. the top man takes the credit when things are good and takes the responsibility when things are tough.
since he can't take responsibility for problems that come up he will not be able to take credit for the potential success.
it was posted months ago that KS was not the man to put your money on, i put my money on the keyboard and the other products like Bluedock.
fact is these products cant't and will not come to market unless KS steps to the plate, i just do not think he is capable of the hard work and commitment that it takes to see a project like this through.
all of this is just my Jacka$$ opinion based on the events of the past.
Posts: 146 | From: bagram air base, afganistan | Registered: May 2004
| IP: Logged |
I post this with the utmost sincerity. all of us who held on to IBZT understands your frustration. But focus on why you bought IBZT in the first place. Did you get in for a quick buck? Or did you invest knowing the potential it has? That being said, your posts may very well do more harm than good to the PPS of IBZT. In essence, you're throwing your own money away, much to the glee of bashers who'd then be able to gobble up IBZT at your(our) expense. Why don't you channel your energy and frustrations to doing DD on IBZT? Try to find contact information for Enterprise Capital or call the FCC on the filing. You're working for the military. I am sure you'll be able to procure a favor from one of the military personel stationed in Arizona. Ask someone who is stationed close or lives close to IBIZ to pay the company a visit. Find out the current situation. See if indeed there are boxes of the VKB all ready to be shipped. I am not defending Ken in any way, but I would like to share a piece of information with you. I have (and some investors too) received email replies from Ken time-stamped after 11pm pacific time. It led me to believe that they are working long hours.
Getting back to doing the DD part. If, after doing all the DD you could and still find that IBZT is not worth investing, it may be better to take a loss and move on if you can't afford to wait any longer.
All in all, best of luck to you.
quote:Originally posted by Bagram: well we all waited for the announcement of shipping.
and then the PPS falls.
then KS says it has to go through certification.
now he says they will not take anymore shipments from the manufacturer untill there is certification.
i don't know but I call BULL S**T!
KS has taken no personal responsibility for anything, passing off his lame excuses and delays.
a CEO is the top man. the top man takes the credit when things are good and takes the responsibility when things are tough.
since he can't take responsibility for problems that come up he will not be able to take credit for the potential success.
it was posted months ago that KS was not the man to put your money on, i put my money on the keyboard and the other products like Bluedock.
fact is these products cant't and will not come to market unless KS steps to the plate, i just do not think he is capable of the hard work and commitment that it takes to see a project like this through.
all of this is just my Jacka$$ opinion based on the events of the past.
posted
i am not just running my mouth to be running my mouth for lack of something better to do. the facts are before us and the products are great but the fact remains that KS keeps lying to us and dreamers like you can only do more DD well I am willing and financialy able to ride the rest of my investment into the ground. but i will not praise IBIZ one bit untill this thing is on the shelf at CC and others. I have been here for months and know the whole story. and it stinks! i was a dreamer and this is the only stock that I have yet to profit from all of my other trades have brought me profit especialy QBID which has no tangible assets as of today. my fault BOOHOO I am a dumba$$ for leaving my money in this but I was lead down a deadend road with lies and manipulation.
Posts: 146 | From: bagram air base, afganistan | Registered: May 2004
| IP: Logged |
posted
as for the PPS i am now hoping to catch the big dead cat bounce at .008.
Posts: 146 | From: bagram air base, afganistan | Registered: May 2004
| IP: Logged |
posted
if this is the only trade you lost money on you have not been trading long enough to predict what will happen next...people need to stop being so pissed off as if they had no clue that penny stocks were risky,,,, not to mention things dont always happen over night...I have plenty of reasons to be anxious about this whole deal but I see potential and I ll be here till I get to my taget price or beyond. LONG AND STRONG!
Posts: 662 | From: nj | Registered: Jan 2004
| IP: Logged |
posted
how.. old wise one. your right only about 4-5 months. but that don't mean Sh!t. my being here only 4-5 months didn't make KS a liar and I am not mad. i allready said i will ride this into the groud. if i loose it all i just stay here an extra month i could care less. still doesn't make the manipulation and what not OK
Posts: 146 | From: bagram air base, afganistan | Registered: May 2004
| IP: Logged |
posted
the big dead cat thing.. come on like anyone could predict anything close... look for abit of humor in my posts this is only money...poeple get way to personal here.
out like a fat kid in a dodgeball game
Posts: 146 | From: bagram air base, afganistan | Registered: May 2004
| IP: Logged |
posted
I'm sorry you don't see the potential here, Bagram. You won't sway me. I have always intended on holding IBZT long, and my plan has not changed.
Posts: 50 | Registered: May 2004
| IP: Logged |
posted
oh no one should listen to me as far as investing advice and that was not my point just trying to hear what others think and bitch alittle. if this thing ever does get to market we are gold. i just cant wait to hear the next round of schenanigans from the IBIZ guy. its almost entertaining.
out like a fat kid in a dodgeball game
Posts: 146 | From: bagram air base, afganistan | Registered: May 2004
| IP: Logged |
posted
Lets not forget not ALL news has been bad with IBZT!!!!!!!!
iBIZ Technology Corp. Reports Second Quarter Financial Results Quarterly Sales Reach Two Year High PHOENIX, May 13, 2004 /PRNewswire-FirstCall via COMTEX/ -- iBIZ Technology Corp. (OTC Bulletin Board: IBZT) announced today financial results for the second quarter ended March 31, 2004. The Company reported sales revenue of $434,000 for the quarter.
"Our second quarter product shipments surpassed the combined revenue of our last two fiscal years," said Ken Schilling, President and Chief Executive Officer. "In February, March, and April we broke two year records in product shipments and sales volumes. Sales continue to remain strong as a result of the attention the company has garnered through the introduction of our new products. More importantly, iBIZ is well positioned to experience continued growth as we begin to fill the back log of orders we have for our exciting new products and as we begin to introduce new innovations."
"We believe we are on the verge of receiving FCC and Laser certifications, which will allow us dramatically increase revenue and expand relationships with major retailers," commented Mark Perkins, Executive Vice President. "Once this occurs, we believe that many new retailers will want the Virtual Keyboard. In addition, future revenue growth will occur from our higher margin, web-based sales, which have already contributed to sales increase we are seeing. If overall market acceptance is any indication, the line-up of products we plan to release throughout the year clearly has the potential to allow us an exponential increase in sales volume."
posted
Fact: IBZT knows they are being shorted on the Berlin Exchange yet they do nothing about it.
Speculation: IBZT is buying back shares at these reduced prices with that $400K increase in revenues and when they are done they will petition the Berlin exhange to remove their listing.
OR:
IBZT is just too damn busy to try to get delisted. RNKE and a few others were delisted within a week of requesting it. IBZT was contacted quite some time ago about their listing yet have done nothing about it.
Just hang in there, it will ge back up soon.
Posts: 85 | From: Pendleton, OR USA | Registered: Apr 2004
| IP: Logged |
posted
Yeah, Slob Bobber- and they were being shorted on the American OTC echange for years prior to April 1, 2004, so what is your point? And after the new rules went into effect on April 1, what has changed regarding this bloody pig- other than the fact that this bloody pig has lost almost half of its PPS. This company makes its money by letting KS sell his personal stock, not off of their products.If this stock was worth a crap, it wouldn't have to worry about being shorted- people don't short stocks that they think will go up on their own merit. Too busy to delist? Obviously you know nothing about the corporate end of the market. It would take all of 2-3 hours of one of their agents' or officers' day to file for a delisting. Hell, they could even get that lying b**ch in their IR dept. to do it for them in between all the hate calls and misleading PR's. The only thing that Ken Shilling is busy doing, is breaking promises and calling in his sell orders as new suckers enter into this one. Take off your rose-colored glasses and call this piece of crap what it truly is- a piece of crap. You're in denial if you think you're gonna make back your losses any time soon on this bloody pig on its own merit, so just keep pumping naive quips in order to lure in more suckers so that you can get back some of your losses, and then move on.
[This message has been edited by MOSES2 (edited May 23, 2004).]
[This message has been edited by MOSES2 (edited May 23, 2004).]
Posts: 50 | From: Hyde Park | Registered: May 2004
| IP: Logged |
posted
And as for you crashmoomoobull****, you know those statements are misleading. They 'surpassed those old numbers' b/c there were no old numbers to speak of, and retail distrubitors were buying into the VKB myth. I hope this one shoots through the roof on another of its misleading PR's, but I have morals, and I'm not gonna sit here and listen to some two-bit pumper dump ignorance on the unsuspecting: IBIZ already does that quite well as it is. Too busy to delist- blhaha! If you were walking down the street, and someone came up to you and started kicking you in the b*lls, would you just say 'I'm too busy walking down the street to do anything about it"? IBIZ is gonna play the 'Berlin Shorts' crutch for all it's worth- any company that is worth a crap already has delisted, is unaware of the situation, or is in the process of delisting. Let's see: IBIZ is aware of 'the situation' IBIZ hasn't delisted yet Oh- and most importantly, they are 'too busy to worry about something that is supposedly draining them dry'. What a crock...
[This message has been edited by MOSES2 (edited May 23, 2004).]
Posts: 50 | From: Hyde Park | Registered: May 2004
| IP: Logged |
posted
Yeah, Mainstayaway and Cheo- that's why people get into the OTC- to hold stocks for a long, long time. Just please tell me that you are not an accountant, or doing this for a living, because if you are, I feel sorry for your dependants. Your grandkids might be able to get your original investment back on this one if you will it over to them and they live to be 100... I can see the headlines now: December 12, 2089 VKB SET TO HIT STORE SHELVES BY APRIL...
[This message has been edited by MOSES2 (edited May 23, 2004).]
Posts: 50 | From: Hyde Park | Registered: May 2004
| IP: Logged |
quote:Originally posted by CashCowMoo: AH, well then that answers the question now doesnt it?
does anyone have any info on the other IBIZ prodcuts that are not the VKB? what is the time frame for them to come out? this summer perhaps?
Yeah- they all suck, and no one wants to carry them, to a point that IBIZ is forced to try manipulating the retailers into carrying them with the "No VKB without our other crap lines" extortion scheme, which is itself worthless, since the retailers hardly even remember what VKB stands for, what it is, or is supposed to do. Panasonic Japan has one coming out any day, though... and their lines are proven.
Posts: 50 | From: Hyde Park | Registered: May 2004
| IP: Logged |
I post this with the utmost sincerity. all of us who held on to IBZT understands your frustration. But focus on why you bought IBZT in the first place. Did you get in for a quick buck? Or did you invest knowing the potential it has? That being said, your posts may very well do more harm than good to the PPS of IBZT. In essence, you're throwing your own money away, much to the glee of bashers who'd then be able to gobble up IBZT at your(our) expense. Why don't you channel your energy and frustrations to doing DD on IBZT? Try to find contact information for Enterprise Capital or call the FCC on the filing. You're working for the military. I am sure you'll be able to procure a favor from one of the military personel stationed in Arizona. Ask someone who is stationed close or lives close to IBIZ to pay the company a visit. Find out the current situation. See if indeed there are boxes of the VKB all ready to be shipped. I am not defending Ken in any way, but I would like to share a piece of information with you. I have (and some investors too) received email replies from Ken time-stamped after 11pm pacific time. It led me to believe that they are working long hours.
Getting back to doing the DD part. If, after doing all the DD you could and still find that IBZT is not worth investing, it may be better to take a loss and move on if you can't afford to wait any longer.
All in all, best of luck to you.
Yeah right, GimpyGuy- like bashing this one can hurt it any worse than it has already hurt itself. Buy it cheaper? What is cheap when talking about a company that is insincere and in effect, has ripped off many investors already? Maybe Ken's buddies are shorting this one so that he can get in cheap and continue to dump tons of his own holdings on the market when it goes back up. Nah- let's just keep blaming the faceless Krauts for our flaws...
Posts: 50 | From: Hyde Park | Registered: May 2004
| IP: Logged |
posted
sounds like moses bought at a high PPS, and lost a whole lot and now is so pissed off he has to resort to demonizing the company so we can all feel his pain together. is that right moses?
Posts: 6949 | Registered: Apr 2004
| IP: Logged |
posted
I never followed this one. I see the beginning of May it was .04, and dropped to .013 on 5/12, back to .0218 now. I began watching pennies about the beginning of Feb. I remeber seeing this as a HOT item when I first found Allstocks.com . I felt kind of left out, but it seems fate might have favored me. I was reading the main thread back to April, lost patience. I have one question, I remember seeing they had a PO from Circuit City, did they ever deliver any units? Did the certificatio issue come up before or after they shipped to CC ?
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
| IP: Logged |
posted
This guy is a paid basher who was exposed on RB.........
quote:Originally posted by MOSES2: Yeah right, GimpyGuy- like bashing this one can hurt it any worse than it has already hurt itself. Buy it cheaper? What is cheap when talking about a company that is insincere and in effect, has ripped off many investors already? Maybe Ken's buddies are shorting this one so that he can get in cheap and continue to dump tons of his own holdings on the market when it goes back up. Nah- let's just keep blaming the faceless Krauts for our flaws...
quote:Originally posted by CashCowMoo: sounds like moses bought at a high PPS, and lost a whole lot and now is so pissed off he has to resort to demonizing the company so we can all feel his pain together. is that right moses?
posted
he may be a paid basher but who would pay to bash IBZT? they do enough on their own to screw themselves four or five times over. this is crazy. KS is clearly up to some crap being all shady about the delays and not stepping up with the certification. the vkb and bluedock are cool products and PPS could be increased a few cents by them getting to market but by the time it does who will trust enough to hold long term to hold the price up?
Posts: 146 | From: bagram air base, afganistan | Registered: May 2004
| IP: Logged |
If neither of you like this stock why not sell and go away. I see both of you are new to this board and you are not making friends with your tudes. ( yeah yeah I know you don't care )I also am not happy with this stock and also don't think much of KS and his crap but you don't see me bashing other posters because of their beliefs in it. Calm down or go away, either way if you want anyone to listen to you your going about it the wrong way.
Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
| IP: Logged |
posted
You are wrong Bagram. IBZT's quarterly revenue was more than the previous 2 financial years combined. That was excluding the VKBs. Blue dock, satellite radio patent and various other products will follow. What do you think is the potential? Nobody's going to pay to bash IBZT? Why not?
The only screwup is the delays in shipping. However, if you had experience in bringing revolutionary products to the market, you'd know that it isn't as easy as it sounds.
Let's put aside the VKB. Let's say you are going to bring to the market an external CD/DVD R/W with 2 bays. 2 in 1. Components are abundant. Should be easy enough right? I bet it'll take you at least 1 year to bring it to the market. Market research, design, patent checks, licensing, prototyping, testing, retooling, (testing and retooling would take you 3 mths if you're lucky there aren't any weird glitches), mold injection, small scale manufacture, testing, analysis, marketing, distribution chain, packaging to meet individual retailer's needs, FCC, and then finally it ships in small quantities. Customer feedback then mass manufacture.
There are more steps in between. The steps need not necessarily be in that order. Could be sequential at times, but you get the picture?
If you're truly an investor, stick with what you believe. Hold or dump. If you held, I don't see why you'd keep bad mouthing IBZT. It's like you buy a car, want to sell it but keep saying it's a piece of junk to potential buyers when they come to view your car for sale. Doesn't make sense does it? If you dumped, don't see why you'd be staying around.
quote:Originally posted by Bagram: he may be a paid basher but who would pay to bash IBZT? they do enough on their own to screw themselves four or five times over. this is crazy. KS is clearly up to some crap being all shady about the delays and not stepping up with the certification. the vkb and bluedock are cool products and PPS could be increased a few cents by them getting to market but by the time it does who will trust enough to hold long term to hold the price up?
[This message has been edited by SimpleGuy (edited May 23, 2004).]
[This message has been edited by SimpleGuy (edited May 23, 2004).]
[This message has been edited by SimpleGuy (edited May 23, 2004).]
posted
Do all FCC approved products need to have their FCC ID # labeled on them?
I don't think the VKB's that iBIZ produced (ready-to-ship/stock in AZ) so far have the FCC ID # on them...More delays, but it's all good as long as we get certification, right?
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
