quote:Originally posted by CapitalGains: R/S is a reverse split? I am not so familiar with the terms. Why are some people saying that is bad? The stock will not have so many shares then so the price will go up, right? Thats why I was considering buying and because of the news.
Honestly little dude, you need to make sure you papertrade like told on the CSHD thread. It will help you to learn and come to understand stocks because they can EAT you ALIVE!!!
posted
Hey guys, I am just as optimistic as the rest of you, I hope we all come out winners, but the charts don't lie, the (CMF) & (MA) have been in decline. The (PPO) is negative and the Market Cap is shrinking, and with a pending r/s, that doesn't help. Bottom line, without any buying pressure, all the financials in the world couldn't help this sick puppy. The company might be doing well, but the stock is not. In hindsight, the writing was on the wall, after the brief Q & A back in August. GLTA
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quote:Originally posted by Trend: Hey guys, I am just as optimistic as the rest of you, I hope we all come out winners, but the charts don't lie, the (CMF) & (MA) have been in decline. The (PPO) is negative and the Market Cap is shrinking, and with a pending r/s, that doesn't help. Bottom line, without any buying pressure, all the financials in the world couldn't help this sick puppy. The company might be doing well, but the stock is not. In hindsight, the writing was on the wall, after the brief Q & A back in August. GLTA
Howdy, Old timer, nice to have you back although I'm not sure who you used to be. I do hate to agree but I must indeed do so !
-------------------- I buy fast and sell faster!
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posted
I am not a chartist. I am a fundamentalist. I believ e that a company's share price is established by the efficiency of the market and will ultimately reflect the value of the company (i.e. the total value of the company divided by the number of shares outstanding).
Ergo, when the company makes money and grows and is profitable (which it now is), then the share price will follow.
If this holds true - then the share price right now is extremely undervalued and signifies a huge buying opportunity.
JMHO
-------------------- You can't afford to risk, what you can't afford to loose.
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posted
I have been holding to this stock for way too long. I like what the company is doing, but they are not even doing their accounting correctly! An increase of a net loss of 145% due to correct accounting on debt! I am not bashing the stock, but I am upset in how if this company depends on it's 10-Q to show us direction since it cannot give out press releases, it's doing a bad job of handling the whole thing.
I was so excited about this stock, but I am willing to take my losses and get out.
quote:Originally posted by unix555: I bought 4000 shares at .0002 for fun because I have 1000 FREE TRADES from TDAmeritrade. I oly own 4000 Shares of DDSI.
How very intelligent of you, LOL...
I think the tape business sucks myself. I thought they had something good going but who will buy this stock after its R/S? I don't see many buying it due to the poor quality treatment of its holders now.
-------------------- I buy fast and sell faster!
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quote:Originally posted by unix555: I think DDSI is going to R/S. I just open my account (Scottrade), my value is $ 0. What is going on ?
This was posted the 26th of Nov page 19. According to you, you sold out weeks ago...... I have had a 2mill sell in X .0001 since the 21st of Nov. LOL, caught!!!
I will now regard your posts as trash just as they are...
-------------------- I buy fast and sell faster!
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AMENDMENT TO THE CERTIFICATE OF INCORPORATION TO CHANGE THE NAME OF THE COMPANY TO ALLIED SECURITY INNOVATIONS, INC.
Received date 11/29/2006 Period End Date12/19/2006
The one for five hundred Reverse Stock Split is being effectuated by reducing the number of issued and outstanding shares at the ratio of 500 to 1. Accordingly, as a result of the Reverse Stock Split, we will have approximately 19,137,612 shares issued and outstanding. The actual number may be different as a result of rounding. As a result, we will have approximately 9,980,000,000 authorized but unissued shares, which shares may be issued in connection with acquisitions or subsequent financings. There can be no assurance that we will be successful in making any such acquisitions or obtaining any such financings. Currently, we have no plans for the issuance of the shares of common stock for acquisitions or financings. In addition, the Reverse Stock Split has potentially dilutive effects on each of the shareholders. Each of the stockholders may be diluted to the extent that any of the authorized but unissued shares are subsequently issued.
The Reverse Stock Split will not alter any stockholder's percentage interest in the Company's equity, except to the extent that the Reverse Stock Split results in any of the Company's stockholders owning a fractional share. In lieu of issuing fractional shares, the Company will issue to any shareholder who otherwise would have been entitled to receive a fractional share as a result of the Reverse Split an additional full share of its common stock. The principal effects of the Reverse Stock Split will be that the number of shares of Common Stock issued and outstanding will be reduced from 9,568,806,013 to approximately 19,137,612.
-------------------- I buy fast and sell faster!
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posted
When ? What is a new symbol ? I told you that(R/S) is only way for Dead Cat as PRHB, WTVI,PLCO,... Some Dead Cats are going to R/S very soon : CCGI, JMCP, LBTN, SMMW, QBID, CORR, PLCO, BKMP...
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posted
anybody else that has scottrade get an email from them about a special meeting about this stock? i got out of this a good while ago. i even called scottrade to ask if they sent it since i get fake emails all the time that say they're from paypal. the guy couldn't even give me a for sure answer if it was from them.
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posted
I got a notification from Ameritrade this morning regarding the Proxy vote and did mine online as I don't plan on attending the meeting in person. They have not released a split date or new symbol, however, they are also asking for a name change in the proxy.
I did vote against the R/S but my experience is that the insiders hold so many shares that their vote usually wins out. I would expect them to do the R/S probably in Jan. but I think they said it could be as late as March.
The stock incentive plan is for an employee benefit. The company wants to put aside stock to give to employees as part of their compensation. This can be an attractive benefit to help recruit employees, my company does the same thing. For instance DDSI recently gave Shupin and Pellegrino stock options, in order to give these to employees they need a reserve to draw from. I think that all this is asking for is approval to create a pool of share to draw from.
quote:Originally posted by unix555: I bought 4000 shares at .0002 for fun because I have 1000 FREE TRADES from TDAmeritrade. I oly own 4000 Shares of DDSI.
How very intelligent of you, LOL...
I think the tape business sucks myself. I thought they had something good going but who will buy this stock after its R/S? I don't see many buying it due to the poor quality treatment of its holders now.
I got a call the other day from their sales director. He mentioned they are going to get into the Rx industry. He said that when Tylenol had a big scare with one of their product bottles, all the Drug companies started thinking about product security.
Anyway, he said he was going to push product to the industry in 2007
-------------------- You can't afford to risk, what you can't afford to loose.
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posted
Actually, guys, the name change might be a good idea. Here's why:
The orginal company idea was to sell software that helped with identification and fingerprint recognition. It didn't sell too well. So, Digital Descriptor Systems bought the subsidiary, CGM.
It's CGM that is making the money - and is possibly the future of the company.
The new name may be good for them in the sense that it really helps to bring CGM business to the forfront.
-------------------- You can't afford to risk, what you can't afford to loose.
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posted
My heart goes out to all who get ****ed by reverse splits. THTHF did a big one on me a while back. I think it was 10,000/1 They should hang these *******s for r/s. Hope everyone makes their money back in 2007!
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quote:Originally posted by unix555: I bought 4000 shares at .0002 for fun because I have 1000 FREE TRADES from TDAmeritrade. I oly own 4000 Shares of DDSI.
How very intelligent of you, LOL...
I think the tape business sucks myself. I thought they had something good going but who will buy this stock after its R/S? I don't see many buying it due to the poor quality treatment of its holders now.
I got a call the other day from their sales director. He mentioned they are going to get into the Rx industry. He said that when Tylenol had a big scare with one of their product bottles, all the Drug companies started thinking about product security.
Anyway, he said he was going to push product to the industry in 2007
Nice and thanks for that tid bit. I was just displaying dissapointment that I should have kept to myself.
Now if we can just get DDSI to start putting out worthy PR's and information we can use to run with.
Thanks JIF
I still hold 15.2mill shares and will hope for the best!!!
-------------------- I buy fast and sell faster!
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posted
No problem GreenDay, glad to be able to help. I voted yes for the name change, yes for the stock plan, and no for the R/S. We'll see how things shape up.
Have a great weekend all. I have to contribute my 20 volunteer hrs this weekend so I'll see you Mon.
-------------------- I buy fast and sell faster!
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posted
Not sure why there is no volume. It's too bad. But, I'm a die hard ddsi supporter and I believe everything is going to be just fine for these guys.
So, I'm in and in big. As always.
-------------------- You can't afford to risk, what you can't afford to loose.
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quote:Originally posted by MoneyMoneyMoney: No problem GreenDay, glad to be able to help. I voted yes for the name change, yes for the stock plan, and no for the R/S. We'll see how things shape up.
Have a great weekend all. I have to contribute my 20 volunteer hrs this weekend so I'll see you Mon.
Well, that turned into 40 hrs, LOL.
-------------------- I buy fast and sell faster!
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posted
Yup, and filled it out through Scottrade and was still sent paper copies to fill out. Today I got a call from Ny, NY (212-587-3005) and the lady asked if I will please send it ASAP as the special meeting is on the 18th.
I actually received two of the same packets, 1 from scottrade and the other directly from DDSI. It really seems that they care . We'll see in time. Good luck all and have a Merry Christmas!!!!!!
-------------------- I buy fast and sell faster!
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although I'm not sure who you used to be. I do hate to agree but I must indeed do so ![[Frown]](frown.gif)
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