posted
TLW, I assume you are referring to the 8K Filed today also, to secure financing. It is quite lengthy, because of all the parties involved. I agree there is potential for future dilution, but nothing to be very concerened about in the immediate future. Who knows, the money they secured now could make them more than needed to retire the future dilution before it becomes real. Have to spend some to get some.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Been in and out and back in again. Not sitting on a lot, but feeling pretty good with the O/S staying relatively low, and the improvement in gross profit. Plus it has been beat up by the MM's price wise, so we should get a Form 10 bounce of some magnitude.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Looking at the charts...it seems that this usually moves a week or 2 AFTER a PR or filing...and then does quite well...again indicating the "MM's" control...
But the way the market and these pennies have acted as of late...who the heck knows...
Looking forward to what this will do...
GLTA!!!!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
I agree Will, IGAI had good numbers before when I read, I need time to dissect this filing a little more..
Posts: 793 | Registered: Aug 2004
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quote:Originally posted by vinnie1: dip before the run in the morning.
Hopefully, I would like to add a bit more. I think 10of13 and I are riding free shares, but I will definately add more tomorrow.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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quote:Originally posted by vinnie1: dip before the run in the morning.
Hopefully, I would like to add a bit more. I think 10of13 and I are riding free shares, but I will definately add more tomorrow.
Hey Squire...Yep..free shares...but now I want more...this looks good...this is from their filing...although i am sure that there is bad also...I like this...
Our net sales for the fiscal year ended February 28, 2006 ("fiscal 2006") were $25,532,151, an increase of $14,207,701, or 125.5%, compared to net sales of $11,324,450 for the fiscal year ended February 28, 2005 ("fiscal 2005").
Hey...is it a "fullmoon"?
Let's hope this thing rocks!!!!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
I need more too! Did you read the part about gross profit Feb 28, 2006 it was $16 million+ compared to Feb 28, 2005 a loss of $235,000. Nice!
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
O/S: 52 M (as of June 9th, 2006) Gross Profit: 16 M$ (for 2006)
Profit/share: 0.307
PPS: 0.009
PPS/Profit: 0.03
MMs' manipulation is clear.
Don't sell your shares for cheap. Get the capital out, and let the rest ride.
Good luck.
***** Our gross profit was $16,163,879 for fiscal 2006 versus our gross loss of ($234,146) for fiscal 2005, an increase of $16,398,025. The increase in gross profit for fiscal 2006 is primarily the result of increased revenue and gross profit margins of products sold.
Our gross profit percentage for fiscal 2006 was 63.3%, as compared to (2.1%) for fiscal 2005. Our gross profit percentage for fiscal 2006 was higher due to the relatively higher gross profit percentage we realized on our direct response sales that have comprised the majority of our net sales this fiscal year. For fiscal 2005, we realized low gross margins from our sales of our excess inventory to specialty retailers at reduced prices, including sales of products at below our cost. In addition, our gross profits in those periods were reduced for the write down of inventory to estimated market value, when such value was below cost.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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quote:Originally posted by Squire38: I need more too! Did you read the part about gross profit Feb 28, 2006 it was $16 million+ compared to Feb 28, 2005 a loss of $235,000. Nice!
Yes i did see that also...Lookin' good and today is here...
whoo hoo...Let's MOVE!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
Last time it ran, it went to 4 or 4.5 cents twice in one day.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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quote:Originally posted by MoneyMoneyMoney: I've had my order in for 50k more X .01 but they won't fill it.
This stock is always so hard to fill. I usually put it above the ask on this one.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
yea.. it seems like they only like to fill this every 10 minutes or so.. maybe the MMs are calling eachother in between those 10 minutes to plan how they want to move it....
but probably not..
but it definately is a hard fill right now.
-------------------- Hindsight is 20:1. It's like printing money. Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
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posted
It's run time now, buying time was yesterday before the 10K was released. Only 4 MM's on Ask at .012 -- say goodbye to them very soon. Getting good Bid support at .01
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Man, the computer I'm using at work today won't let me load up MCT, so I have no L2s. Feels weird.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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posted
3 on Bid at .01 X 4 on Ask at .012. Someone will hit the Ask very soon. Last .01
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
i have an order for 5000 at .012.. maybe if people see it actually hit that price, then there'll be some more added buying pressure into it.. the .01 mark has been the ceiling for a little while now, and i think once that breaks, a lot more people will be willing to jump in.
-------------------- Hindsight is 20:1. It's like printing money. Posts: 1129 | From: Univ of Fl | Registered: Jan 2006
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quote:Originally posted by edgewise: i have an order for 5000 at .012.. maybe if people see it actually hit that price, then there'll be some more added buying pressure into it.. the .01 mark has been the ceiling for a little while now, and i think once that breaks, a lot more people will be willing to jump in.
I remember we were fighting so hard to buy under 2 cents a few months back. I'll see if I can free up some cash and hit the ask myself. I still think it is way undervalued. 2 cents is still a steal IMO.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes. Posts: 1450 | From: TX | Registered: Feb 2006
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