posted
Unfortunately this company is simply setting itself up for a HUGE R/S. On the business side they are improving their bottom line which is great but with the continued dillution is is going to be very hard for the PPS to move. I was in this and think its a pretty good "company" but I really lost faith in the "stock". At some point they going to have to do a 80 for 1 R/S to get the O/S back to something reasonable. GL ALL!
-------------------- Money often costs too much. - Emerson
**ALL POSTS ARE IMHO, DO YOUR OWN REASEARCH.** Posts: 458 | From: CT | Registered: Jan 2006
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posted
To say they "have to do a 80 for 1 R/S to get the O/S back to something reasonable" is ABSURD, and a scare tactic meant to drive people out of this stock. Absolutely ridiculous! Talk to the CEO about the company. They have NO plans to do a r/s. It is more likely that once they have sufficient revenue they will repurchase and retire shares to the treasury. As for the CD conversions, it's unfortunate, but they can't stop their creditors from converting the cd's they issued to raise capital for the growth and expansion of the company.
Do some DD and research about this company, its history, and their future plans before spouting off with garbage like THAT.
How many sub-penny companies can you name that have over $3mln+ revenues from last year's FULLY AUDITED FILINGS? I would imagine, not one. There are many scams in the penny stock world IMO, but this isn't one of them. The fully audited financials and strong revenue growth speak for themselves.
GLTA....do your own DD and don't let some of the scheisters that post here scare you away. READ the financials - they tell all. It will move, if not now, soon IMO.
Posts: 960 | Registered: Sep 2005
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posted
Gator... Nice post buddy...Nice to have guys like you around who do their DD before jumping in a stock... Correctomundo...the story on this is in the financials...Now go have a great holiday...See ya Tuesday AM...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
It will take the overall penny stock world to drive this through the .0006 holdback area. That is the problem IMO. Sure there are other probs,but eventually they will subside and then it will go through the roof.
The OS,Converters and the rest of the problems at a time in the future will no longer matter.
Have you ever seen co. be heldback ,sometimes for yrs. them comeback into faavor again. Some take the long spiral down then find a bottom ,experience a few other issues and then move.
A few are JDSU,XOMA and god who knows how many others. his is the sme in a way ,but MORE reTURN potential if your willing to wait.
That is why we have seen the recommendations that came out on it,but we were blindsided with the CD issue and the Dilution due to it which they did noot forwarn anyone of .They can say it was the investor who should hae sone DD,but as a recommendatin source they are the ones whom you would expect to see that.They are the ones who tout themselves as being experts at finding winners,doing the DD nd passing that info off so everone ,maakes $$.Looks like they did it to make themselves and MM's make $$ thus far iunless they themselves missed the problem also.
IMO we might be waiting a real long time for this to move,but when it does we just may be looking at a 10bagger if this keeps it's Fundermental improvement up,get any major contracts,the sector goes into favor and the Big $$ Traders Buy enough to work past all the reisistance.
Biggest question for us all is when.
Having over 20Mil.Shrs I'm willing to wait for the day it really goes instead of these 33% increases which to myself are not what most people are getting in for.The MM's are though at .0002 ' GLTUA!
posted
Hey Gator, as I stated before, I'm not trying to bash, I'm actually hoping that you're right about this cause I'm gonna ride it out myself as I see the upside outweighing the downside. There's alot more money to be made here then there is to lose at this price. My only problem is why aren't they addressing any of the issues that are causing the problems here? I know they're not big on PR's, but it sure wouldn't be fluff if they addressed these problems and shared with us how they plan of correcting them. It would be huge for the company to regain the trust that it's lost from a large majority of shareholders, and even attract new investors at the same time. Fact is, with the large number of shares out there, there's just no way this is gonna move without doing so....just look at what happened after they released that they "have over $3mln+ revenues from last year's FULLY AUDITED FILINGS". Like you said, that's HUGE news, and what happened since that was released.....NOTHING! Now you're right, most pinks don't file and report these types of revenues, but if they did, the majority wouldn't have dropped to .0002. That's just absurd and I know you know that.
Bottom line....once the proper issues are addressed, this baby can and will move. Without them being addressed, count your blessings if this even moves slightly "IF" a big contract is "ever" released. News would be great, but "fixing" this stock would be even greater.
Posts: 596 | From: New Jersey | Registered: Apr 2006
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posted
anyone that has done DD on this company and tells me they are surprised by CD conversions going on has either 1) not done ANY DD on this company and how they have raised expansion money or 2) lying thru their teeth. Maybe no one expected them to be all converted in this short period...but we ALL know they were out there.
Do MM's know exactly how many cd's are still out? Is it possible they are keeping this where it is to shake out all the conversions now so they don't get in the way later? Somebody has been buying massive amounts of this -- look at the charts. This is still ready to pop IMO. I encourage everyone to do their own DD before investing.
Posts: 960 | Registered: Sep 2005
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quote:Originally posted by gatorhistory: To say they "have to do a 80 for 1 R/S to get the O/S back to something reasonable" is ABSURD, and a scare tactic meant to drive people out of this stock. Absolutely ridiculous! Talk to the CEO about the company. They have NO plans to do a r/s. It is more likely that once they have sufficient revenue they will repurchase and retire shares to the treasury. As for the CD conversions, it's unfortunate, but they can't stop their creditors from converting the cd's they issued to raise capital for the growth and expansion of the company.
Do some DD and research about this company, its history, and their future plans before spouting off with garbage like THAT.
How many sub-penny companies can you name that have over $3mln+ revenues from last year's FULLY AUDITED FILINGS? I would imagine, not one. There are many scams in the penny stock world IMO, but this isn't one of them. The fully audited financials and strong revenue growth speak for themselves.
GLTA....do your own DD and don't let some of the scheisters that post here scare you away. READ the financials - they tell all. It will move, if not now, soon IMO.
Gator, way to prove you ignorance on how stocks work. It is ridiculous that you think they are going to move more than for just a "pop" if anything. I was in this hopeing for a "pop" to make a few times my cash and get out because there is no way this can sustain a price of anything like .01 with 8,9 or 10 billion O/S. I am guessing you don't even know what the word market cap means to say something SO foolish. At .01 this thing has a market cap of 80M assuming there has been no more dillution. You mention repurchase, you really think a pink with limited cash flow is going to repurchase 7.75 billion or so shares? It makes more sense for them just to do a R/S since they already have no PPS so perform a HUGE R/S (which I'm not saying they have plans to do, this is IMO.) then have a real shot at boosting the PPS. I also have no idea how you could say a huge R/S is absurd in the pinks, thats just being naive. I still wish you guys all the best I just find it ridiculous you brush what I am saying off as absurd. GL ALL!
-------------------- Money often costs too much. - Emerson
**ALL POSTS ARE IMHO, DO YOUR OWN REASEARCH.** Posts: 458 | From: CT | Registered: Jan 2006
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posted
when a company allows for a r/s it loses CREDIBILITY with investors. Maybe daytraders like yourself don't mind, but a r/s would just lead this after the split back down to where it currently sits b/c no INVESTOR is going to get caught up in it. An actual company trying to build something will not do something like that for the sheer fact if they scare investors away in the longterm, they are screwed. What this company needs is more INVESTORS and less daytraders.
The fact you can't see a pinksheets company staying away from the r/s scenario is the first problem, and what, IMO is the problem with the penny stock market. Accountability is key here - for Shupin and DDSI. If they were to formulate a r/s they would lose all credibility with their investing base. A buyback, once they have sufficient revenue, is the only way for them to go and still maintain their good corporate demeanor. That's why I said you should do some DD on the company itself, and not just the numbers. We'll see who's ahead in a few months. Can we say CORPORATE RESPONSIBILITY?
Look at JDSU - a huge company, forced in to a R/S by their shenanigans, and the market still isn't letting them up for air as punishment. There are major consequences to a REAL company that has product and revenues that undergo r/s - even in the pinks, cuz some of these pinks aspire to more than being listed on the pinks or OTCBB one day.
Posts: 960 | Registered: Sep 2005
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posted
Unless the CEO is lying the RS can be ruled out at this time.That leaves the co. is comfortable with the future including the resent float situation.That means that they are looking forward to raising sales and Revs to lift the pps or announcing news that would do so IMO.
They hav stated through what they have told those that have asked that they would not put ot fluff news,so that rules that out and they do not talk about contracts as that would not be ethical anyway.
There may be a contract,but I would not count on it.
That leaves us with what we have now and I do not know how much more conversion of CD's are left.I freely amit I am not in the CD Conversion thing or reading fundermentals well.
If it was so straightforward then why had no one mentioned that the CD's were a concern and that they would hold this down?
I as others can see that this has been under a consolidatiion for a few months ,but there is much conversion that should be read into that chart.
So where and how is it going to make it's way up?
I also looked at the Mkt.Cap equation and what they would need now that they have more shares to offset to be profitable.
Many questions and I can see that there is still a chace for this to move up.I wonder what it will take?
The CEO says that the cos. way undervalued ,based on what I wonder?Future sales that he knows of??
Posts: 180 | From: Maine | Registered: Apr 2006
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quote:Originally posted by gatorhistory: when a company allows for a r/s it loses CREDIBILITY with investors. Maybe daytraders like yourself don't mind, but a r/s would just lead this after the split back down to where it currently sits b/c no INVESTOR is going to get caught up in it. An actual company trying to build something will not do something like that for the sheer fact if they scare investors away in the longterm, they are screwed. What this company needs is more INVESTORS and less daytraders.
The fact you can't see a pinksheets company staying away from the r/s scenario is the first problem, and what, IMO is the problem with the penny stock market. Accountability is key here - for Shupin and DDSI. If they were to formulate a r/s they would lose all credibility with their investing base. A buyback, once they have sufficient revenue, is the only way for them to go and still maintain their good corporate demeanor. That's why I said you should do some DD on the company itself, and not just the numbers. We'll see who's ahead in a few months. Can we say CORPORATE RESPONSIBILITY?
Look at JDSU - a huge company, forced in to a R/S by their shenanigans, and the market still isn't letting them up for air as punishment. There are major consequences to a REAL company that has product and revenues that undergo r/s - even in the pinks, cuz some of these pinks aspire to more than being listed on the pinks or OTCBB one day.
Gator I have done a TON of DD on DDSI and let me state that I am very PRO DDSI. With that said I still don't have that same glow about the STOCK anymore. You have to realize a company can be on the road to success without haveing a successful stock. And as I have said to other after a R/S I would be the first to buy back in and HOLD as I believe they are going to achieve great things here as a COMPANY but not as a STOCK for now. While the company is still producing a loss and continually adding to the share count it is impossible to honestly justify a higher market cap. at this time, at least for a sustained period of time.
In order for them to start buying back the float they are first going to have to produce a positive cashflow which could still take some time. So your arguement becomes valid if you plan on holding this for 1-2 or even 3 years then sure maybe a buyback could occur but its not going to happen anytime soon.
With this all said this is why I sold out of DDSI even though I believe in the company as I feel I will be able to buy in at these prices for quite some time AND I won't have to worry about the POSSIBILITY of a R/S.
This is all IMHO of course. GL ALL!
-------------------- Money often costs too much. - Emerson
**ALL POSTS ARE IMHO, DO YOUR OWN REASEARCH.** Posts: 458 | From: CT | Registered: Jan 2006
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posted
Well if you believe the words of the co. this is the time of a turnaround. Nothing has been said about a turnaround in pps.
I would think and hope that there will be a noticable turn in the pps sometime in the near future.
The market does not always work the way we imagine it to.I think that might be the case in this issue.
There will come a time when this pps will turn also.
It has in lesser times with fewer things that are positive .One of the things that should be mentioned is that the co. is not going under,but is going positive.Cashflow positive hopefully soon.
One thing that should help is the new bills that have been implemented in congress which might helpd bring attention to this co.,sector and business that pushes the stock pps upward.
This may run in a cycle also.It has gone up past the .001 mark with less positive's going for it.I think it may just wake up and go there again.
It might take awhile. Hopefully not as long as the prpevious posters timeline.It seems to runup every few months and one of these days it will work through it's resistance IMO.
I cannot look right now to see where it woeks in the summer months. There might be another runnup when you least expect it.
I would not go without having a stake in it for that reason .
GLTA that hold it. There is not a build up in buying for nothing I bet.
Posts: 180 | From: Maine | Registered: Apr 2006
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posted
I emailed Tony Shuping with some of our post of opinions, hopefully he will see the demeanor and thoughts of his shareholders and get down to business with his stock! He is doing great things with his company with 400%+ revenues in the last quater, lets see what he can do with this pps this quater!
Posts: 252 | Registered: Apr 2006
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posted
not sure that you'll get something new... will really glad if Tony starts to worry about PPS...
I got email from Tony from 3/31/2006 10:02:55 AM Eastern Standard Time:
<snip> We are releasing PR as events become newsworthy. We will remain a fully reporting company. Our products are good...and the market for them remains strong.
PPS has already seen .0001 and rebounded...we can't control that...but remain focused on building the company.
Very best regards, Tony <snip>
Posts: 420 | From: Canada | Registered: Feb 2006
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posted
most of it were 9 million trades * 0.0002 ... so I doubt if that was a good start ...
it's so frustrating we aren't moving north
0.0002 9000000 OTO 09:32:21 0.0002 9000000 OTO 09:32:21 0.0002 3932950 OTO 09:32:21 0.0002 9000000 OTO 09:32:21 0.0002 9000000 OTO 09:32:21 0.0002 9000000 OTO 09:32:21 0.0002 9000000 OTO 09:32:20 0.0002 9000000 OTO 09:32:20 0.0002 9000000 OTO 09:32:20 0.0002 9000000 OTO 09:32:20 0.0002 9000000 OTO 09:32:19 0.0002 5072050 OTO 09:32:19 0.0002 1400000 OTO 09:31:58 0.0002 250000 OTO 09:30:20 0.0002 300000 OTO 09:30:13 0.0002 9000000 OTO 09:30:11 0.0002 5000000 OTO 09:30:09 0.0002 1000000 OTO 09:30:08 0.0002 130000 OTO 09:30:08 0.0002 9000000 OTO 09:30:06 0.0003 5050 OTO 09:30:04 0.0003 5050 OTO 09:30:02
Posts: 801 | Registered: Nov 2005
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posted
Are you sure about that, Gator? The last two financial filings would have moved ANY stock north, but not this one... Why?
Posts: 291 | From: Dundee, Oregon | Registered: Jan 2006
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posted
right now? I'd say the MM's are holding it. For whatever purpose. the financials don't lie, and they'rer fully audited. this will move at some point...it's a question of when, not if IMO.
Posts: 960 | Registered: Sep 2005
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posted
What's with all the 9,000,000 trades? Is the company diluting this stock?
Posts: 291 | From: Dundee, Oregon | Registered: Jan 2006
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quote:Originally posted by Thomas Mick: What is cd?
Convertible Debenture: A debt instrument that can be converted into stock at the option of the holder or the issuer.
Posts: 1289 | Registered: Dec 2005
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posted
Lots of Afterhours trades. For what it is worth.
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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