sales plummeting, company desperate for cash, creditors probably demanded sale and cash payment
selling off assets for 1X sales is an act of desperation. They lost over $2M last quarter as well. Glad they got that out there so the pumpers could not fool anyone. This stock should be trading under $1.
Sales are plummeting, assets dwindling, desperate for cash. It is a certainty that they will get another GOING CONCERN.
Well, they managed to lose my revenue. there was a Gaming convention at the time in Seattle. I'm sure there was a lot of demand
the article is wrong. They just announced a chassis tracking product. How could they be #1? Use your head and think.
They are #1 in reefer. But that is a much smaller market. You need to educate yourself on this stuff. I mentioned before that there is a presentation on the IDSY website which gives all the players and market shares. Skybitz also has a nice presentation.
anyone who listens to you is dumber than you are. You may be the biggest POS I have ever encountered on the internet
you really have no idea, do you? If you want the vote to fail, don't vote. The company can't pass the vote unless they have a quorum. Every NO vote gets them closer to the quorum.
Now not voting or voting no is essentially a vote to have your shares be worthless. Dobbs gets a fat wad of cash no matter what, even in a BK filing.
I travelled to Seattle not long ago for 5 days. Avis and Hertz wanted $800+ for an economy car. Enterprise wanted $220. Guess who I went with
ORBC, NMRX, CAMP, FLTX, MIXT all down, IDSY up 6.5%
aside from that, look at sales on the auction sites like Heritage, Sotheby's, Legend, Stacks, etc. All at record numbers. Ebay is taking such a large cut these days that people have a hard time selling there. So when the collector eventually dies, the collection gets consigned to one of the auction houses.
Poor sales on Ebay are a reflection of Ebay and its high fees and now 6 month return policy. Not on graded items
that is an ignorant comment. Many of the sellers on Ebay or dealers who have their own websites and store fronts. They sell from many different areas. An item on Ebay can also be listed on their website, on CLCT's CollectorCorner, at their physical location. The more areas they list it on, the easier it is for them to eventually sell.
Thousands and thousands of certified items sell every day. When priced right, they sell quickly. Some dealers experiment with higher prices on certain sites and lower ones in others. When items are priced too high, they sit. That is not a reflection on the market, just the individual item.
There are millions of stock trades at limit orders above/below the current market that never get hit everyday. Does that indicate that the stock market is not having high volumes?
Unless you can tell us over the last 10 years how many sales there were vs auctions compared to now, you seem to be talking out your hole.