posted
BTW... FWIW, I also mentioned to Doug that I am anxious to begin to see some return on my investment for my patience, and I suppose that I could hold on for a litte while longer, and he said that now is definitely NOT the time to be selling!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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posted
Come on guys.. Thanksgiving is not that far away. Yes, Doug did in a way mislead us, but let's give the man a benefit of the doubt.. and really look forward to this PR. We will hopefully be patting ourselves in the back for waiting it out..
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-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
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quote:Originally posted by FatherOfTwo: I called Doug again, just to verify everything. I have been out of the office at a remote desert site attending project meetings, and I wanted to hear for myself exactly what is going on!
I am a litte put out with him, as he is now saying that the PR will not come out until after T-giving. The reason being, is that he can't announce anything with the switch until final resolution with the other company. Please get this straight that the dispute is not between ICMH and another company.. but the dispute resides with the other company and some other entity.
He would not give exact details, as he didn't want to give false info, however, NTELX or whoever is in court today trying to resolve the dispute (I assume with creditors), and he believed that it would be resolved this week.
He mentioned that he also has other things that will be released as well, but he would not elaborate. He did confirm that the LOC is in place and ready, they made the final crossover yesterday and are doing their last round of checkout and testing. Everything is ready to go!
He is preparing to go on travel this week and next week (Not personal travel... both biz related trips). I didn't ask to where....... He said he would be releasing the info when he returns!
I am sorry that he did not deliver on his PR promise for today! Again, I only report what he tells me! I am not excited about having to wait longer, and I also fear that when he does release his PR, that their will be alot of people dumping on the news that it won't take off as it should! However, it will be a gamble that I will take, as I still do believe that the pps is way undervalued for what they will be receiving profit and revenue wise.
GLTYA
I just really want to stress that the delay was not caused by ICMH but by who they are working with. The switch is ready to go, they have the LOC in place, Doug is chomping at the bit to release this stuff, but unfortunately, he cannot do it yet!
I know that if I get impatient, and sell my shares, he will release the PR and I will miss out on a run. I can still hold a little longer!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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posted
Oh darn, it fixed itself, oh well, god givith, god taketh away. Hopefully a pointer in the right direction. Maybe I'll get lucky and win the 310mil megamillions jackpot tonight in IL.
-------------------- Fred [IMG]http://renegade.iconlabs.net/images/tek.gif[/IMG]
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posted
Grrrr....Thanks for the update FOT. This is pretty unbelievable at this point, too! He's been telling you all along that a PR is due to be released any day and now he's giving you a completely diofferent story: Waiting on legal issues between other companies before releasing news.
I mean, hell he could at LEAST give us a PR that announces all things that are NOT waiting on the other 2 company's problems! You know: *SOMETHING*...*ANYTHING*.
Now I feel like he's been baiting you all along FOT! He *knew* there were legal issues to be worked out between these companies when he talked to you last week. He also knew that the bankruptcy was going to cause some issues if they liquidated their assests. He's not been very forthcoming with any of this information and it sucks that he's been promising what he knows cannot happen until the other companies figure out their legal messes. Those are pretty hollow words he's been delivering each time you called him at this point.
I mean, I wan to believe him, but this is business and we all know that business takes time. The least he should have done was to be more forthcoming about the fact that the switch was being purchased from a comapny in Chapter 11 who are liquidating their assets in order to cover some debt and that this company may have some up coming legal battles to finalize before the transaction can be fully completed.
Now, that would have been fair. Instead, he baited you, and subsequently - through no fault of your own - the rest of us as well.
Sorry, but where I'm from they call that "LYING". I'm not real fond of liars, especially when it comes to my money. Thank goodness he didn't put any of the "PR will be released directly" into real dates and other PRs. That would be constituted as more than lying by the SEC....
Further, the new problem with this is now we know that there are some legal hurdles to overcome for other companies in order for this to be truly finalized. While those may be pending, I'm disinclined to believe that these are going to be resolved quickly as our legal systems move slowly at times and when it comes to nickels and dimes, people are going to spend more in legal fees than they are going to recover and often lengthen the process. I mean, jeepers, what if they determine the sale was done outside of legal terms for sale of assests of a bankrupt company and renig the entire thing, or force ICM to come up with additional funds to complete the deal? I'm only presenting a worst case scenario and am not suggesting (and am surely not hoping) it will actually go that way, but it is still a possibility to understand exists. Another would be "What if this is not resolved by Dec 31, 2005?" How exactly will ICM pay back the loan if the switch can't be turned on until legal stuff is done? That means more shares could flood the market if the buyback cannot be done to remove those shares from diluting the AS on the market.
I am VERY FRUSTRATED with this now. I could have sold at higher pps (still a loss, BTW) earlier had I known the *real* story.
So, I'm kicking my own ass, not anyone elses, and truly appreciate the phone calls, dd, etc done by folks like FOT, others, and even myself. The problem is that this has turned into a game of liars poker (more liars than poker at that). This latest bit of news has not put me in a very good, or trusting, mood for seeing Mr. Hamby's rosey vision of things.
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz)
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posted
Good afternoon gents. I'm right here with you. My stomach hurts too. And, seeing as though I've already dumped half my portfolio into this, I'm just as nervous as anyone.
I'm going to wait it out. I think .0007 is our bottom. If one of my other stocks pops, maybe I'll buy a little more at .0007.
If anything, we may dip to .0006 for an hour or so - but this is our bottom IMHO.
I think we'll flirt with .001 - .0012 until the PR.
If the pr has revenue numbers, I think we could see a steady climb to .02 by New Years. JMHO.
Not a bad way to celebrate!
-------------------- You can't afford to risk, what you can't afford to loose.
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posted
the 50 and 200 dma are getting ready to cross at .0004. I'm not so sure that .0007 is the real bottom.
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz)
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posted
50 and 200 day ma's are in the .0012-.0014 range
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
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posted
If this switch is tied up in bankruptcy proceedings, how is it possible that Doug has already purchased it?
How can you purchase an item before ownership is determined?
How is it possible that Doug was finishing the final testing before putting the switch online 3 weeks ago?
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur.
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posted
its not necessarily tied up, he bought it from the creditor, settled the debt. The use of the switch and the contracts/income from the switch is another issue; this is what i am guessing has held all of this up
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
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posted
i wonder if the switch is in operation and thus generating income right now... but he cannot PR it do to the legal issues? is this a possibility?
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quote:Originally posted by Jmoove: its not necessarily tied up, he bought it from the creditor, settled the debt. The use of the switch and the contracts/income from the switch is another issue; this is what i am guessing has held all of this up
J, that may be that may be the case.
If it is the case, why would Doug purchase something not knowing if he would be able to use it or keep the revenues from it?
This all may very well be a mix-up that can be explained and will be resolved.
Put into perspective with everything that has transpired, it looks like this clown has a total disconnect from reality.
If Doug was on trial for making false and misleading statements, I see it this way:
If Doug was on trial in criminal court, a trial that must be proven beyond a reasonable doubt (beyond a shadow of a doubt), he would probably be found innocent.
If Doug was on trial in civil court, a trial that must be decided based on the preponderence of the evidence (is it more likely than not?), he would be GUILTY as charged.
FOT, I'm not picking on you. You seem to be the one people rely on to contact Doug.
This was in July:
quote:Member FatherOfTwo posted 25-07-2005 09:05 AM
I just spoke to Doug Hamby (775) 324-0775...
BIG NEWS will be coming out next week! He is very excited about this program/contract!
A big contact is being signed and he is expecting to receive it TODAY 7/25 from the atorney's!
I asked him about market cap and pps, and he felt that the pps should be .05 - .10! He expects to see a huge run on the pps! He is also in discussion with some hedge funds to invest in his company. Which will help to propel the pps to the levels he indicated.
I also asked again about dilution and he said emphatically NO! There has not been a single share sold since Nov last year when he issued restricted shares to an investment group, which he has until Dec 05 to buy back with NO interest! Yes you read that right NO interest! call him yourself and verify!
I am buying some more, cause this is going to be an explosion of a run...IMHO, it could even be bigger than PLNI's!
We are still waiting to hear something about that 7/25 contract (unless it was mymedical-cd).
What about Doug hyping a move to the OTCBB in 2004?
Even FOT didn't recommend holding this stock.
quote:FatherOfTwo Member posted 02-06-2005 09:06 AM
bxa now 14 x 16.. and volume is picking up right before the lunchtime slowdown.. this should really move after lunch!
I think this is at most a 1 day hold! It can easily make it to the mid 30's! I want to play it to buy a bunch more PLNI!
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur.
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posted
jdog, I have been sitting on the sidelines for some time reading the threads and I think I would take it one step further. There are several contributors that have never made a negative remark in this thread? I enjoy reading the perspectives of all legitimate inputs but I can not praise those whose sole aim is to pass along biased positive news for the sake of suckering in unfamiliar potential investors. Read back and see for yourself the number of negative contributions and who posted. I have personally attempted to contact anyone from ICMH who could answer questions for 3 weeks (unsuccessfully). Funny how only a few have the magic touch.
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quote:Originally posted by FatherOfTwo: (October 14th) For everyone else at A/S, I spoke to Doug 5 minutes ago and he told me the Switch PR will be coming next week "Absolutely". The traffic will be flowing next week, and we should see the PR, with revenue numbers immediately upon the switch going live.
Has there ever been one thing posted that Doug has said that has come true?
At what point do we stop throwing good money after bad? Is there really any point in averaging down any more?
Whats the difference between us and the guys losing their butts over in the Qbid thread? At least Qbid has a product, we really have no idea what ICMH has.
Merger news, big web site news, OTCBB news, switch news... We are like a bunch of greedy little fish eating up the stale bread crumbs that Doug is dropping for us.
On the bright side if I wait and sell at .0001 on December 31st I can get a nice tax credit!
-------------------- If you made money, it was a good trade
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posted
I could be wrong but, I don't think Doug has any control over the current state of affairs. Bashing his company or his actions is not doing any of us any good. Negitive coments accomplish nothing except creating fear and fuel panic selling driving the price even lower. So unless you have some concrete evedence to the contrary I believe we would benifit by sticking to a positive attatude. Let's not make matters worse by beating it down. For me waiting a couple of weeks or months for some good news is better at selling at a loss.
It has been my personal experience that a positive attatude can do wonders for any situation.
-------------------- "Keep your stick on the ice, we're all in this togeather!"
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posted
I agree Bashing acomplises nothing, I would like to see the PPS rise as i'm in at .0010 . Waiting a couple of weeks won't make that much of a differance.
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posted
Morning gents. Let's hope for a little rebound today. Maybe we can recover up to .0011 and sit. That would certainly make me feel a lot better than being here at .0007.
-------------------- You can't afford to risk, what you can't afford to loose.
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Our system posted a HOLD today. The previous BUY recommendation that was confirmed was made on 09.20.2005 (57) days ago, when the stock price was 0.0013. Since then ICMH has gained 438.46% .
Are you eager to sell your shares? Well we say: “Stick to them for the moment!” Market mood is again bullish. Our SELL-IF alert is not confirmed. It is now null and void and should be ignored.
The current tag is HOLD and it already tells you what to do. Keep holding your stocks until the next signal. Did you already sell without waiting for the confirmation? Do not worry. Chance knocks the door twice. There will be good prices in the next session at which you can buy them back.
Today a White Closing Marubozu was formed. This shows that the day opened and then prices went lower slightly, however it was followed by a rally that drove the prices over the opening price and the rally continued all day ending with a closing price equal to the high of the day.
-------------------- You can't afford to risk, what you can't afford to loose.
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posted
I showed a fat finger close of .0070 yesterday, won't be around for the rest of the week though
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
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quote:Originally posted by Jmoove: 50 and 200 day ma's are in the .0012-.0014 range
Yes they are! Dunno where I saw the .0004 range, but I like the real range when I looked again this morning!
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz)
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quote:Originally posted by Madge: jdog, I have been sitting on the sidelines for some time reading the threads and I think I would take it one step further. There are several contributors that have never made a negative remark in this thread? I enjoy reading the perspectives of all legitimate inputs but I can not praise those whose sole aim is to pass along biased positive news for the sake of suckering in unfamiliar potential investors. Read back and see for yourself the number of negative contributions and who posted. I have personally attempted to contact anyone from ICMH who could answer questions for 3 weeks (unsuccessfully). Funny how only a few have the magic touch.
ok.
EVERYTHING SUCKS!!!
There is my negative contribution.
That being said, I think we will break a penny by year end.
posted
Don't forget, Doug only has a couple weeks to buyback the restricted shares.
No one has seen anything about revenues. Does ICMH have funds to buyback the shares?
If they aren't bought by Dec 5th, this will probably start looking worse.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur.
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EVERYTHING SUCKS!!! 
