If I had true evidence that we will receive orders this year from PepsiCo, or even received an order from for example a big Coconut Water Bottling company, I'd be buying all the shares available here. If I didn't have so many shares I'd be buying here just for the gamble, but I am in over my head so I am, albeit painfully, passing on it.
Thank you Mark E Thompson! This abstract just accepted for publication - Looks like a major breakthrough for achieving higher organic efficiencies. The abstract: Low open-circuit voltages significantly limit the power conversion efficiency of organic photovoltaic devices. Typical strategies to enhance the open circuit-voltage involve tuning the #$%$ and LUMO positions of the donor (D) and acceptor (A), respectively, to increase the interfacial energy gap, or tailor the donor or acceptor structure at the D/A interface. Here, we present an alternative approach to improving the open-circuit voltage through the use of a zinc chlorodipyrrin, ZCl (bis(dodecachloro-5-mesityldipyrrinato) zinc) as an acceptor, which undergoes symmetry breaking charge transfer at the donor/acceptor interface. DBP/ZCl cells exhibit open-circuit voltages of 1.33 V compared to 0.88 V for analogous DBP/C60 based devices. Charge transfer state energies measured by Fourier-transform photocurrent spectroscopy and electroluminescence show that C60 forms a CT state of 1.45 ± 0.05 eV in a DBP/C60 based OPV, while ZCl as acceptor gives a CT state energy of 1.70 ± 0.05 eV in the corresponding device structure. In the ZCl device this results in an energetic loss between ECT and qVOC of 0.37 eV, substantially less than the 0.6 eV typically observed for organic systems and equal to the recombination losses seen in high efficiency Si and GaAs devices. The substantial increase in open-circuit voltage and reduction in recombination losses for devices utilizing ZCl demonstrates the great promise of symmetry breaking charge transfer in organic photovoltaic devices.
I am down only 35% here and I got in cheap. I can imagine how the others feel (horrible) who mostly got in much higher than I did. But who knows. It could all change for the better in one day. All it would take is one new medium size purchase order from somewhere, anywhere. Have we tried Antarctica?
In previous years the report came out on 04/04. So hopefully we have something by Friday. He may be on a supersonic jet flying over to China at he last minute to beg them for orders. That would take a couple days, to go there come back, logon to his PC and update the report and file it. .
now .20? I hope there is something juicy in the report. I don't think the investors he brought in at .42 are too impressed with the prospects of losing more than 50% of their money.
I'm starting to worry. About exactly Nothing. No one has been able to contact anyone at the company in 4 months. No PRs. All my money is in this company. What if they no longer exist? I will be ruined! What if this is another American Greed story and he has taken all the money and has put on a wig, sunglasses, and is now living the highlife in motel in St. Lucia? No one will ever be able to find him. Everyone white male expatriate in St. Lucia wears a wig and sunglasses. The world is coming to and end. Right Sophia? Should I jump out a window now? Or should I calmly wait and hope my imaginary fears dissipate so that I can see more clearly without my perceptions of the world filtering through a mumbo jumbo of unsubstantiated suspicions? April Fools day isn't over yet. Should I keep worrying about more nothing? Or continue to live in the hope that I might be able to worry about something?
I have a similar view. I only averaged down a little in this range. If I had evidence of significant progress I'd be loading up today. I am already overweighted but if my confidence is higher I am willing to take more risk.
I have a feeling someone has inside info that we are not as far along as the market might expect and is selling from fear that other will sell if we are disappointed. I will be sitting tight. I will only be disappointed if this seller keeps dumping and has a million shares or more and we will see a buying opportunity none of us really want.
Until the most important event for IDND shareholders since November 2014. Wow...We are a little older, wiser, have mellowed somewhat, have been anticipating this report, the first communication from the company in over 4 months. I have been counting the days, the hours, the minutes, the seconds, and yes the mille and nano-seconds (I have trouble keeping up with them, but I try because I don't want to fall into the past). It becomes time consuming, but I think we should now try to take a deep breath and relax a little. I know, I know. It is not as big an event as the Super Bowl maybe, or the signing of the Declaration of Independence, but then this is all apples and oranges because the experience is subjective. To us it may be even more important than either because we have all our money invested here and our precious futures depend on this company's success. It is barely springtime, the time just following the Vernal Equinox, the dawn of the time of the annual Wind Moon or Seed Moon as described on the Pagan Calendar, when all IDND Shareholders who also spend time on the Yahoo message board come out of semi-conscious hibernation to watch for the OTC Filing of the IDND Annual Report, and then, when it finally appears, parse through every word, combing for words and phrases of note hoping to find every spark and ember that may rekindle an inkling of serious interest and excitement surrounding this investment. We will have our various interpretations as well, and our individual behaviors, just as with regular people and the Bible. We will see the report. It will be the same report we all read but yet we will all see something different. Like religious people with a miracle we will all be totally nuts for a while. But that is what makes the discussion interesting. I for one hope it is a positive report with new items of interest, some milestones of achievement, showing substantial progress toward the promised land of wealth and plenty for all (all IDND shareholders).
FYI - Shorts tend to low IQs on average. Instead of covering when it starts and continues rocketing upward (with slight intermittent dips of profit taking by longs who tend to have higher IQs) I have observed them becoming all the more tenacious, and even selling more. The also tend to be masochistic and like attention, and hence love the pain of looking and feeling stupid and losing money while posting obsessively. Seen one, seen 'em all. Cheers.
Cash would be more straight forward since IDND is existing hand to mouth. Not to be negative but realistic, we have been losing money from the get go but are close to breaking even. All we need is another large customer to stay in business. Currently we are staying afloat using the old promissory note and issue cheap shares (@.42 cents) tactic. We had to pay back $200,000 by January. But we are paying 6% to 10% which is really not that high a rate for uncollateralized risky loans. I doubt we could get that from a bank. But so far the company has issued over 80% of its authorized shares. It needs to be careful now not to reach its limit before it achieves positive cash flow. We need one new large customer at least, and of course it would be nice to have several. The new markets the company has been talking about don't seem that easy to penetrate just based on the time it takes to get going. Only the big companies seem to have the money to upgrade their equipment so we are focusing in the right places. But we have been establishing relationships, and negotiating and selling for years without anything new happening of late. Even the PepsiCo China distribution agreement which was so exciting and which is why I bought in initially has been in place since 2011, and renewed recently, without any orders as of yet, though there was a fairly strong forward looking statements about it happening this year! It is a great product and there is a great potential market. It provides an advantage to anyone who adopts it. Something's got to give fairly soon. I just hope it starts happening before we run out of shares and go belly up. I couldn't afford that situation personally (I take responsibility for taking such a big risk but in retrospect I am getting a bit nervous). I will know by the end of this year if I am in or out. If we are still in a 'nothing yet' state after august you might see another several hundred thousand shares going up for sale at .25). Otherwise if we finally start to enroll new customers, get to positive cash flow, we should focus on paying the debt, any necessary expansion, and I will hang on through that bump.
I wish good luck to anyone who bought today at .25. I added a couple thousand to my position. But couldn't afford more. So far almost all of the 30,000 offered has been chewed up. It sure looks cheap to me.
Another thing that might help is that the USD has cooled off a little as of late. I notice CAD USD is back to $1.25 and facing bearish pressure (could decline further). Declining USD VS CAD makes PLG worth more in USD dollars.
don't even respond to posters with sociopathic names. Their names usually describe the content. POS too, says he's always right but has been advising people to sell since it was in the 20s a few months ago and gee whiz it is now 47. So what is his advice generally speaking? a POS.
The point I am making in this discussion is that I hope we have news of a purchase order (PO) from PepsiCo. But there is the possibility we haven't received one yet. I expect we will have one received between 'already' and by August (based on the last report's statements). The sooner the better, but I am prepared to sit tight a little longer.
He started covering at 35 and is still trying to cover. That is what is driving the price up so much. Otherwise we'd still be at 35.
That maybe true for 3 or 5 thousand shares. I think if you wanted to buy 100000 shares you would have to wait quite a while if you want it filled at .245. But same if you wanted to sell 100000 shares at .445. As an FYI, over the weekend, the little green bird that flies up to the top of Mt. Everest every 1000 years or so to sharpen its beak was just observed performing this rarified ritual over the weekend. The wise man whose beard covers the other side of the mountain (which no one can see because it is white against the snow), who wakes up only once every millenium to watch the bird, was seen gazing out over the frigid landscape when he opened his mouth and said, "I am not a prophet but if you want a profit, then I say, "shareholders of IDND may have to wait until this mountain has been worn down to a mere heap of sand and dust and by this tiny bird before it(IDND) goes to $30 (translated from Rupees), but if you only want it to go to $3.00, that is a diffrent story. It could in fact hit $3.00 well within the current karmic cycle of life and death, in fact, within "mere years". When the bird flew back into the distance of oblivion, the old man fell back to sleep. I just have one question. Is that considered inside information? If it is, I can't act on it. Does anyone know if it's true?
I expect the report will provide as much detail as possible. The expectations are high and naturally we are on the edges of our seat for any detail regarding the PepsiCo supply agreement, and hopefully it has to do with progress, activity, a milestone, dates.