Why didn't they jump in today if they've already given their word? Surely there's some discretionary money lying around at these prices. I mean why wait for $10 to buy? LOL
Oh, I don't know. I was dumb enough to get in at .09 cents 6 years ago. And you, how dumb are you? LOL LOL
CTSOD was at $5.75 just 4 days ago, closing at $5.0999 today (down 11.3% in 4 days), so what's your point? LOL LOL
What's it going to take, maybe the Queen of England herself. Somebody's got to make an influence on PPS. Nobody else is getting it done. LOL
Good point, which makes the question of why Chan didn't wait for sales to organically grow our PPS all the more relevant. I still say they pushed the RS a little too soon. A 50% per quarter growth rate doesn't mean anything until it pays all the bills and continues to grow and create a cash hoard. If I find a penny on the sidewalk, and the next day I find 2 pennies, that's a 100% increase. However 2 pennies won't buy the wrapper on a stick of gum. Some posters think 50% a Quarter is wonderful, however it didn't do anything for the PPS and then continue to blame it on the OTCBB. Are you kidding. If this grew at a 50% Quarter over Quarter for 2-3 years, the sales numbers would compel Warren Buffet to consider buying it outright. It would NOT be ignored by anyone, even if it was on the OTCBB as long as sales are through the roof, consistently growing, paying all the bills, creating a cash hoard. Sales alone should have prevented any RS at all to get uplisted in 2-3 years. Another year even would have given us a likely 5:1 RS. Again just on sales alone that could be off the charts by then. Instead Chan appears to me to have pushed it too soon, shafting all of us out of more shares.
Angelina Jolie anyone? Clint Eastwood maybe? Little Richard perhaps? We should look into this for Chan, maybe with the right celeb announcing our next conference this'll bump up a dollar or two. LOL LOL
Declaring "we're uplisting"?? What? The plunge in PPS had nothing to do with knowing we're uplisting. In fact, why hasn't price held steady knowing we're uplisting? Why has volume increased to double the normal volume while price is falling? After all, we're uplisting, right?
Clearly there is a weakness in the demand end of the buy/sell equation. I don't know who's selling. Do you?
What we need is more mature fundamentals. NASDAQ isn't going to be the savior you think it is. That's why some uplists lose value. Fundamentals aren't as 'in place' as management thinks they are.
Waiting another year for sales to snowball to levels that even Warren Buffet couldn't ignore would have been all that would have been needed to firm up the fundamentals more. All the various trials going on, and to be done (FDA) would have been a rocket booster to sales. But all we really have so far is "decent" sales, but not enough to firm the fundamentals. Chan jumped the gun IMO, and we all have to pay the price now. And yes I'm long, but not as long as I was, thankfully. I'll buy back those shares at .15/3.75 again.
That's 3.75 new pricing. I think Chan pushed the envelope trying to force a RS before the fundamentals were in place. If all we ever got was sales to get to the moon for our ONLY fundamentals that would pushed the PPS up eventually. So what if it would have taken more time, more quarters to achieve monster sales. Sales is THE ONLY METRIC we have to this point that this will be a growth stock. WHY DIDN'T CHAN WAIT FOR SALES TO KICK IN? Everything else is just "talk" and that's why this stock is being sold off.
Plain and simple: Chan did NOT WAIT for the fundamentals to be firmly in place. We only really have one fundamentally measurable guide, and that's sales. That one metric should have been given time to develop. And the fruit of that would have been a 10:1 reverse split, or less, as a gigantic bonus to shareholders.
Now we wait on FDA 'stuff'. Along with sales. And along with price decline. NASDAQ isn't going to save this stock UNTIL THE FUNDAMENTALS ACTUALLY *ARE* IN PLACE.
And, yes I will be buying more at .15 cents/3.75 because I think this is a different kind of story, where the fundamentals are somewhat "hidden" because of the way everything has been executed. Eventually they won't be, they'll be real clear, based on ENOUGH SALES for starters.
To buy more or course. I didn't say this was a bad product, it just doesn't appear to have much interest to support these prices. Or haven't you noticed? Down to .20 cents intraday low today. And looks to me like it's going lower.
One year price targets by yahoo, zacks, and anyone else haven't meant jack shirt for over 3 years or more. If we'd have had the .50 cents zacks gave us 2.5 years ago we'd be looking at a 12.50 stock right now. Or 5.50 at a 10:1 r.s. These price targets are worthless.
Now, the word 'after' is very meaningless really. 2016 is 'after' the uplist for instance. I'm not looking for anything significant until FDA trials partnerships and federal papers are submitted and announced. Almost anything else will be a snoozer, and has been met with a yawn over the years. Announcing another country distributorship isn't going to do squat, like usual. Same with the next conference they announce. The OTCBB price hasn't blinked with these hohum news releases. NASDAQ investors are going to want REAL news, or they'll sell and short the daylights out of this stock.