Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: David Fidler who wrote (17891)	7/12/1998 12:35:00 PM
From: Lazarus Long	Read Replies (5) \| Respond to of 50264

Mr. Fidler has really outdone himself this time! LOL. His post is just so full of garbage, it is astounding... let's take the assertions one at a time and see if I will run out of patience or time first before I get to the end... >>The 10 sb-- just checked the EDGAR filings and its still not there<< I think it was pretty clearly stated by the company that the '10' would not be filed until after 2nd quarter financials were done so that they could be included. I work for a Fortune 500 company and they just came out with 2nd quarter (unaudited) results last Wednesday... I really don't expect DGIV to do better than that. Those results must then be included in the '10' filing and then sent to the accountants and lawyers to be reviewed even before submission of the '10.' It then takes a while for those documents to be available on Edgar. No, I look for it to be a while longer until one can reasonably assume that the filing will be available... or didn't you know that? >>just like they told you they were receiving payment from their Canadian distributor on 6-30. No filing no money.<< Interesting statements. I think you should probably check that your statements are true before bringing them here. Its not a good thing to make false accusations... or didn't you know that? >>Yes, 2q earnings you have those to look forward to just like every other company in the world they will have either made or LOST money in the 2q.<< Now, here is a real gem <g>. Thank you for that insight! In general that's probably true, but I do believe you forgot about the companies that break even. That happens too... or didn't you know that? >>I suppose you have an insight on how spectacular 2q will be?<< Well, in fact, I don't expect the second quarter to be all that spectacular. In fact, I don't expect to see the results of the work done in the first half the year to really begin making an appreciable difference until the third quarter and much more so in the fourth quarter. I do believe that the company stated they wanted to delay the '10' to include the second quarter is for two main reasons, the first being more important than the second. They would want to show the receipt of the money from their Canadian Distributor because I am quite sure that it would have a major impact on their balance sheet. This is afterall, a small company still. Secondly, displaying an additional quarter of revenue and (perhaps small) growth will again strengthen their bid for eventual Nasdaq listing... or didn't you know that? >>The fact that this stock went from 50 cents to 8 dollars shows why you pay promoters- to hype your stock to otherwise unattanable levels,<< I came to DGIV through word of mouth. I am not in the habit of visiting the web pages of "promoters" as a way to find potential stocks to purchase. I sincerely doubt that many of my compatriots came to DGIV through Liberty Capital's efforts either. There are any number of possible explanations that DGIV went from pennies to $8 in a short period of time and many probably have an element of truth. But, at the gross overview level, it is the nature of most stocks to overshoot their support levels on a quick runup. Further stock price erosion is a natural occurrence for OTC stocks as the buying pressure ebbs and the Market Makers attempt to cover their short selling in the aftermath of a quick runup. Welcome to OTC Market Mechanics 101 - its to be expected... or didn't you know that? >>but how do you pay them? Answer: with stock and options. Maybe thats why the float has increased from 10 to 18.5 mil.<< Excuse me? The float has not increased to over 18m shares... the number of outstanding shares has. There are any number of reasons this might be... not, just paying Liberty Capital. For example... the purchase of the Indonesian telephone company described in the link below biz.yahoo.com indicates that the purchase was made with both cash and stock. Based on the net earnings expected from this acquisition, which is on average double the REVENUES (not earnings) of the entire 1997 year, it would have been wise to double the number of outstanding shares to make the purchase. That is just one example of how those shares may have been used. As you well know, details of various deals have yet to be released. But, alluding to an increase in the number of outstanding shares by 8m just to pay "promoters" is either deceitful or irresponsible... or did you know that? I believe it is quite apparent that you are twisting and turning things to make your points or perhaps, you are just naive and don't know any better... or didn't you know that? Lazarus, thinking David Fidler is pretty ineffective...