Pfizer Inc. Message Board

wouldn't that be nice...

obligation - it is just an abbreviation. It is an "obligation" from the purchaser ...
from one of their many 8-ks
" of $105,263 of 5% original issue discount unsecured convertible debentures (the "Debentures"), initially convertible by Purchaser into shares of the Company's common stock at a conversion price equal to $0.0573..."

I am not clear how these work as well. I do know that it is never a good sign for the cos. doing them, as it is a direct indicator of lack of their own cash - in this case because they can't market a great product and they are burning through it with what most would consider excessive salaries and bonuses.

with a qtr like the one just announced - have to believe Michael has a long line of OBLs he is going to try to do. One would think the SEC would put a limit on how many a company can do.

it is not in most liberal's DNA - They will take what they can have for free though, any day of the week...

FROM THEIR 10K - FILED APRIL 2013...
SCIE management met with PENTAX representatives recently to discuss sales objectives for 2013 - SCIE noted on the call that the coming year "should generate real revenue growth and significant market traction." Also noting that "our projections represent a significant increase in revenue for SpectraScience."

very misleading - this company. They sure talk the talk about "future sales" numbers, for the past few years. The (EXCLUSIVE) PENTAX deal how great it will be - no sales at all? Once again showing the lack of leadership and ability from the group that is currently in place at SCIE. Very very disappointing.

they are at the mercy of Pentax now...
No marketing, no leadership - HUGE market - and so far not anywhere near enough sales to offset the massive dilution that has occurred under Michael. One would think that under the insidious Obamacare TAX law, that cost saving measures like what SCIE has to offer would have a place be worthy of our socialized health market. That has been my hedge since the "health" TAX law took place, however we don't even sell our products here.

oil is evil . . .

it was higher under Bush. Not that I am a fan of "repubs" or certainly not "dems".
Just sayin' . . .

I bet O is smoking again...

keep us posted. I myself have not had a response from Jim Dorst, from any of my last few emails.

incompetence and "lack of ability" are not a good combination. I am wondering if PENTAX was already in the works before this goof-ball came on the scene. That contract alone is what he used to entice "investors" into the mind bending quantity of OBLs that he brought selfishly to the table to cover his 500k in salary/bonuses. Just a thought...

yet it unfortunately WON'T happen. This guy O has more impeachable offenses than all presidents who have been impeached - combined. The fools are now in charge of the country, and made sure O was re-elected. They don't care what this guy does. They care only that their held out hands get something put in them, each time they hold them out.

unfortunately that won't happen. The MOST CORRUPT admin in the history of our country and nothing will happen...nothing. People voted for this. People are amazingly stupid.

"I always feel something good is about to happen" - exactly the same thing here!
I think it is because of the product and its potential. Which, ironically has absolutely nothing to do with M.O.

it IS very frustrating and time for MO to go. Some say that would cause problems. I think, that alone, would pop this stock back over .18 - or more - depending who replaces him.
The simple fact that they have not stated the terms - one year into the deal - or required units bought/sold is not in the shareholders favor. The deal with PENTAX looks great in a headline. Actions always speak louder than words. Right now - as usual - lots of words and not much action. I hope I eat crow on these words. So far though, I have not.

"I do not know what the agreement between the parties entails..." - which indicates it is not much. If it were, we would know about it.

I do not. My inquiries although, have not been answered lately from Jim as well...