crooked from the getgo. Buyers tipped off in advance. Shorted stock before offering, day of offering
& after. Made lot of money covering.
When finished with manipulation started going long. Took over 3 weeks to complete
Next time i get caught in one of these I'll know better what to do. Not that I paniced, in fact I was
buying at bottom. But i WAS absolutely stunned & sickened day of announcement
"it's all about fundamentals and you don't seem to be capable of understanding them" If that's not
an insult then what is? . Passing judgment again you naughty boy? At least his royal highASS admits
"you have some real numbers there" Must have had to bite lips hard to admit it.
My post which any dummy can understand is not concerned with CAD, extraordinary items, Taberna,
IRT or any other anything. You make that out as crime. The only crime here is your persistent
meddling & endless same old patter & explanations. I've never called anyone a pompous putz. First
time .Buying falling knife is not my usual strategy. But whatever my strategy is it works for me. In fact
I'm back to even & then some.
i didn't miss your point at all & co is better off today. But you seem to have missed mine.The
comparison no's as published was just an objective approach. That's all. My real point is
tame no frills operating income. I tried to break it down.Of course d&a exp is major op exp
even though noncash. But int exp up almost 50% & r.e. op exp up 34%, while variable, are
up big. 2q true operating cash inc is $18.8m [$76m/yr]. Measured as % of adjusted bv of
$520m, who's major component is accumulated d&a of $263m is about 15%. I guess it's
okay but far from sensational.
I've been buying the common because of the SO. After all, if these geniuses think worth 5.55
how far off can they be? I also have been getting whacked on pfds, the price of which i flat
out don't understand. IMO may be the best [pd] buys for the money.
I'm honestly not crazy about posting here & am nobody's enemy. Just presenting the way I
see it. I'm also not crazy about selling inc. prop, especially if can't be replaced. It's a funny
thing with this no's game. Selling prop at profit reduces adj bv but increases non-adjusted.bv
I don't post misinformation & what you call "my so called operating results" are the companies,
not mine. I told you the purpose of my post was not to interpret results. You do me no favors
bringing it up. Believe me I know all about prop sale, Tabernas, fair value, note 1. etc. If i wanted to
include them i would have. I'm tire of you mb pumpers & your SPIN. Despite df's FRANTIC efforts, &
huffing & pumping , & now yours to get price up it hasn't worked, except of course bounce off recent
shock wave new lows of 4.85..Even at 5.15 imo stock underpriced
Every Yahoo mb has it's board champions. It's all about the same thing. Why stock is great. Over &
over they remind us. Non stop.My posts are for a different purpose. To get to the bottom of things. To
be attacked is ridiculous. Stock has been a loser for over a year [except for df & shorts] You fail to
comment on exp up 30%. Why?
I'm not even knocking stock. I am knocking cap. raise for a couple of reasons. You already know
my first but the 2nd may be more important. The low price, the jist of which is RAS has based co.
value at 5.55/sh.which is a slap in face to shhldrs. After reading your post I looked at op. results
again. Inc $1.8m no mistake. AND IT'S NOT A GOOD NUMBER no matter how you slice it.
from operations pov which is usually a major criterion for analyzing performance 2014 operating
income 13.64m 2015 1.8m. From er 2014 rev 73.256m exp 59.622m 2015 rev 79.413 exp 77.653m
Are we going backwards? To get operation cash results I'm adding back d&a '14 13.441 '15 17.005m.
Total 2014 $27.075m 2015 18.765m. Made $8m+ more in '14 These numbers are OPERATING
RESULTS ONLY. That's what co's are all about. What that tells us is expenses went up 30% inc
up 8.5%. GAAP results are virtually meaningless, especially w/re.. I like operating income for simple
reason - it measures progress. In the last analysis there's no one number that fits all
I picked up bunch of stk at 4.87, 4.91. 4.96 5.00. 5.04.
TFG IS HUGE Chinese/Singapore investment co. Planing to build solar plant in China using ASTI process
We don't know why but TFG wants to keep ASTI alive. Maybe they see a turnaround. Big gamble
According to 10q there are 30,215,788 basic & diluted
According to 10k JTRoss owns 16,511,161; JTR Investments Ltd owns 14,040,761 note 3.& 6
gives add'l breakdown a little confusing, but best I can figure out the 14m sh are part of the 16.5m
There are A,B, C,D,E,convertible pfd total sh 1434 cost $3m which are super complicated a la
typical PIPE deals with extraordinary rights that include more financing & future conversion into
common. I have nothing against this stock & have no position. I doubt institutions would be interestd
in stock at this time. I didn't listen to cc but would like to know if mentioned FDA One good thing co
well financed & have plenty cash. Hope I've been helpful
have been converting & selling common. Is reason for dilution. Last I looked still have plenty sh.
to go. Generally they do not seem to sell below 1.50/sh. So far they have been big losers in this
estock. However they appear to be willing to invest more in co. if they see turnaround. As I've said
before co has huge nol carry forward. Co.looking for acquisition with profitable cos.to offset cf
Think about this, co. has market cap of $3m. That's nothing. It's a gamble that just might work
some company. I searched all over & can't find one. let me know what it is if possible
What i'm getting at there's no way to communicate except leave call back number
I did just that Left message for Winsor. Left one for Silvino. You hear from them? Neither did I
They must think I'm a bill collector
Silvino & Winsor laying it on thick but concealing the nightmare of what's really going on behind
the scenes. Why? They think they're so clever.. I'd like to see their faces at the end of a lawsuit
SEC DOESN'T TAKE KINDLY TO DECEPTION
says nothing about lawsuits on co. & him personally for two timing friend & partner who created
programs for co., without which co. could not have started. Being sued for $100m. In fact there's
a second similar lawsuit by another injured party.
Guys like this have no conscious & will screw anyone getting in way - including stkhldrs