posted
I will be posting carry-over information on this from the old thread. For now, we have confirmed that the CEO has received the audited financials from Spector & Wong, and that the PR releasing the numbers has been prepared for release Monday.
I repeat -- Monday morning has been comfirmed for the release of PR containing audited financial information. The move to OTC is well underway as I have confirmed with Peter Wilke, the attorney doing the filing and DD.
This will be hot in the weeks and months to come, and we are all expecting a little love come MOnday morning.
More to come...
Posts: 797 | From: Phoenix | Registered: Jul 2005
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posted
The IGTN website briefly posted the PR meant for Monday's release this morning -- all typed up and ready to go. It was a mistake, and they pulled it off. But we in this thread now know without a doubt that MOnday's PR has been typed and is all but certain to come first thing.
This information is "ours only" because of the level of dd and watchful eye we keep on this company. Other boards and other threads have no clue that this information was ever made public -- even for a brief period.
So we have a bit of an upper hand going on here. Pays to be watchful and thank the contriutors of excellent DD.
Posts: 797 | From: Phoenix | Registered: Jul 2005
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posted
By the way -- the CEO confirmed by radio interview today the the results would be posted Monday, so we only have an upper hand in conforming that fact. Nothing below board going on here.
Posts: 797 | From: Phoenix | Registered: Jul 2005
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posted
After the pps gets to .10 (end of this month imo) what is next? maybe .15-.18 by the end of the year. 2006 will be the break out year, could we see a $1.00!
Posts: 23 | From: North Carolina | Registered: Aug 2005
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posted
The sky is the limit once we get to OTC -- especially with OxyAlert coming online later this year. I wold expect a really good Q4-10Q and a Q1-10Q that would knock your socks off.
Still, I am expecting a big bump when the results com Monday and a bigger bump when we move to OTC.
Today is lucky because so many people thought the results would be out this week, but even though they are done Scott was wise in waiting until Monday to release them so we can get the most run for our money.
Posts: 797 | From: Phoenix | Registered: Jul 2005
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posted
The CEO said no more dilution, and I trust him on that. You can contact the company if you're unsure. Next week get ready for the big short squeeze. Been on the SHO list 85+ days now. I wish I can buy more of this stock here.
Posts: 1468 | Registered: Jul 2005
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By: ionlyeathippies 16 Sep 2005, 08:12 AM EDT Msg. 83418 of 83713 Jump to msg. # NAKED SHORTS SCARE
September 15, 2005 -- Traders in Nasdaq stocks are racing to beat a rumored regulatory deadline to close out their positions — or take huge losses as clearing firms do it for them.
Stock traders told The Post that Nasdaq stocks including Baidu.com, the Chinese Internet portal, and Foxhollow Technology Corp. experienced sharp spikes in stock price and volume recently as short-sellers scrambled to cover their positions.
On Sept. 6, Baidu closed at $77.80; Tuesday, it closed at $113.59. On Sept. 6, Foxhollow was $43.91; on the Sept. 9, it closed at $47.96.
Naked short sales are trades executed without borrowing stock beforehand. Naked short sellers can overwhelm an orderly trading market, since unlike traditional short sellers, there is technically no limit to how much stock can be sold short illegally.
Naked shorting was always a violation of established trading practice, and in January the National Association of Securities Dealers instituted a rule — Regulation SHO — to eliminate the practice.
A day trader active in numerous Nasdaq stocks, including Baidu and Foxhollow, said a rumor of mandatory buy-ins had been circulating on Internet bulletin boards for days. The Post reported recently that the NASD and numerous state securities regulators, led by Ralph Lambiase of Connecticut's Division of Securities and Business Investments, have vowed to increase scrutiny of naked short sales.
A buy-in is the worst possible development for a short-seller, since he has to accept any price given. "Ninety-five percent of those rumors are fiction put out by people long on the stock, but price and volume action don't lie," said this trader. "Any stock for sale was gobbled up, regardless of price."
The NASD circulates a daily list of stocks — termed the Threshold List — from the New York Stock Exchange and Nasdaq with a certain percentage of their trading volume failing to match up.
Tom Ronk, the chief executive of **********, which offers software to take advantage of so-called short squeezes, said stocks with large naked short positions for two weeks often start to increase in price.
He said after 15 days on the Regulation SHO list, firms must buy in their clients or face fines or the suspension of their licenses.
As an example, Ronk pointed to Catuity Inc., which had been added to the NASD's Naked Short List on May 2 at $4.53 and jumped to $22.58 by May 9, closing yesterday at $15.40.
posted
Good score -- Rangers -- that is essentially Monday's PR just waiting to be read today!
Posts: 797 | From: Phoenix | Registered: Jul 2005
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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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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"Attorney, Peter Wilke, is now compiling the audits and documentation for SEC filings, and will submit the documents to the SEC this month. Further, he will focus on moving IGTN to the OTCBB quickly and smoothly. The entire audit will be made available upon approval of the SEC filings via various trading websites and the SEC."
Posts: 1468 | Registered: Jul 2005
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posted
They've got the patents, they've got zero debt and storng cash reserves. They've got good sales and new products coming on line. Scott doesn't need to dilute - the money is coming in.
Besides, you can't be diluting anything now in the period between when audits are done and move to OTC is complete -- you would be shooting yourself in the foot, and this is strong enough that ther eis no reason in the world for Scott to be doing that.
Nope, this one looks real, and is surely set to be one of the few Pink Cinderella stories. Glad I can be a part of it.
AND LET ME SAY from my personal experience that it is GREAT to be a part of a company with a CEO like Scott. He is professional, accessible, and has proven himself to me to be honest and forthcoming every time I have dealt with him.
Posts: 797 | From: Phoenix | Registered: Jul 2005
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posted
Exp -- yeah I have confirmed most of that with Pete directly. He has been on this case for a few eeks now, and things should go pretty smoothly. It is good news to me that the auditors were Spector & Wong -- they have a great rep.
Posts: 797 | From: Phoenix | Registered: Jul 2005
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posted
Hey I jus figgered something out I think. Placed a small order for 4450 shares, ended up getting 50 freebies. Order was filled at .04, but my average pps is lower than .04. Huh? Anyone else ever have this happen?
-------------------- If it wasn't for bad luck I'd have no luck at all. Posts: 1529 | From: Tacoma WA | Registered: Apr 2005
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posted
Not infrared,but shows that mammography is getting away from film and moving to digital...on the front page of yahoo news
Study: New Mammograms Good for Young Women By MARILYNN MARCHIONE, AP Medical Writer 19 minutes ago
Mammograms that use digital imaging to help doctors spot cancer are better than standard X-rays for young women and those with dense breasts, but others can skip the extra cost and get the old-fashioned kind, a landmark study concludes.
It involved more than 40,000 women and was the largest ever done to compare mammography screening techniques.
For most women who get mammograms — those past menopause with fatty breasts — "there's no reason to seek digital ... film is just as good," said the lead researcher, Dr. Etta Pisano, chief of breast imaging at the University of North Carolina at Chapel Hill.
However, doctors still expect digital mammograms to become more common because of their many advantages, including that they can be stored on a computer and sent electronically whenever a woman moves or a new doctor needs to see them.
"Everything is going filmless. If there's no disadvantage to digital mammography, I would presume over time it will replace film screening," said Dr. Kathy Brandt, chief of breast imaging at the Mayo Clinic in Rochester, Minn., who had no role in the study.
The study involved 42,760 women in the United States and Canada and was done by the American College of Radiology Imaging Network. It was funded by the National Cancer Institute.
Results were reported Friday at a medical meeting and released online by the New England Journal of Medicine, which will publish them in its Oct. 27 edition.
Mammograms cut the risk of dying of breast cancer by up to 35 percent among women 50 and older, but only by 15 to 20 percent among younger women, who tend to have dense breasts that standard film X-rays have trouble penetrating.
Digital mammograms produce images on a computer screen, where they can be enhanced or magnified to reveal lurking signs of cancer. Doctors have hoped that this would improve mammography's usefulness for younger women.
The study aimed to learn whether they are more accurate; that is, whether they correctly detected cancer and didn't give too many false alarms.
Each participant received both types of mammograms. Results were reviewed independently by two radiologists, and biopsies settled whether suspicious findings were cancer. Follow-up exams were done a year later to see how many cancers had been missed the first time around.
A total of 335 breast cancers were found. Both types of mammograms missed about 30 percent of them.
Digital mammograms proved 15 percent more accurate than standard film X-rays among women under 50, in whom breast cancer is relatively uncommon. Among women with dense breasts and those not yet in menopause, digital mammograms were 11 percent and 15 percent better, respectively.
For all other women, the techniques were equivalent. Pisano said the results should help prioritize who gets the more expensive tests.
"We don't have enough digital mammography for everyone to get it and some women won't benefit from it anyway," Pisano said.
Only 8 percent of mammography equipment today is digital, largely because of cost. Medicare pays an average of $85.65 for a standard film mammogram and $135.29 for a digital one.
Robert Smith, director of screening at the American Cancer Society, said no woman should delay getting a mammogram if a digital one is not available. The society recommends annual mammograms starting at age 40; the federal government advises them every one to two years for women in their 40s and then annually starting at age 50.
As for the study results, "we'd always like a newer technology to do better in every way," but improving mammograms for certain groups of women is still a gain, he said.
In the study, about two-thirds of women either had dense breasts, were under 50 or had not reached menopause. That led Dr. Daniel Sullivan, who heads cancer imaging at the cancer institute, to conclude "it may not be completely representative of the general population" because most mammograms are done on women over 50 who have fatty breasts.
Most women under 50 have dense breasts but only one-fourth of those over 50 do, said Edward Hendrick, director of breast imaging research at Northwestern Memorial Hospital in Chicago and one of the study's authors.
Digital machines sell for $400,000 to $500,000 compared with $75,000 to $125,000 for the standard equipment, said Vince Polkus, a products manager for GE Healthcare, one of four companies whose equipment was used in the study. Savings in film and storage space and the increased efficiency of the newer machines make up for some of the additional cost, he said.
Researchers expect to complete a cost-benefit analysis of digital versus film mammograms in about two months, Pisano said.
-------------------- 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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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posted
Thanks Jmoove, good to be back after I lost most of my money on other stuff. That 4400 share order is ALL THE MONEY I HAVE LEFT so hopefully this baby rocks and gets me off the bench back into the lineup.
-------------------- If it wasn't for bad luck I'd have no luck at all. Posts: 1529 | From: Tacoma WA | Registered: Apr 2005
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posted
mmorders are filling at 39, big orders 400k, 500, 200k
-------------------- 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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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posted
THat would be nice, need the money. My orders end in two weeks and I still don't have a job. And my civillian employer has no intention of hiring me back.
-------------------- If it wasn't for bad luck I'd have no luck at all. Posts: 1529 | From: Tacoma WA | Registered: Apr 2005
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posted
What we might be seeing here is strong short covering....there have been massive trades going accross all day....i think ive counted probably 4-7 of them....
now the trades are 150K shares all the way up to 500K....
trades ranging from $6,000 up to $22,000....i highly doubt individuals are buying/selling 22K at a time in a pink sheet stock....i have been trading here for a quick some time, and when you see trades like this, it usually means the shorts are covering their shares
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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posted
individual traders cant short a stock with this low of price, but the brokerage houses, mms can
-------------------- 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. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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posted
Hey MT -- Good point & glad to see you here! When I said I thought the results would be out Thursday, I was pretty close -- he got them Wednesday just like he said he would, but just couldn't type up the PR in time. Now with the article out and the PR waiting to be released Monday morning, there is no doubt that we will see a little love then. I feel much better about that "dinner" now
I am thinking we might see some spec filling s the day progresses, but it being Friday you never know. I sure want to be watching the charts come Monday though!
Posts: 797 | From: Phoenix | Registered: Jul 2005
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posted
MT's point makes a great deal of sense. Scott is a couple of weeks late with the audit based on his first projections. He has told me that every delay is in wirting and had nothing to do with him. BUT, I bet there are some who thought that he was BS-ing and that we would soon be at .015 again. The way this thing shakes makes me wonder about that. Oh well, we only have a few more weeks to be worried about crap like that before we are on a much more stable board.
Posts: 797 | From: Phoenix | Registered: Jul 2005
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posted
It's unlikely they'll cover all of their shorts. In fact, at this price they might even become more short due to the increased buying.
Posts: 1468 | Registered: Jul 2005
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posted
Uhh.. guess my sell order for 2.00 won't hit today. Seriously though, can I ask a dumb question? If the shorts are being covered now, why is it going down instead of up? Seems like it should be heading north with the MMs buying.. no?
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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