What is happening with BRLC ?

...and if I might add one more thing...with all this hype of television sets and analysts with 15 dollar target prices...did anyone check to see if this company actually turned a profit?

These guys are running out of money and they will continue to offer more shares to the public. Its either offer more shares or go bankrupt. This is the same money losing company as it was in 2004 and 2005.

The only way the company makes money is by selling shares on the open market. They make more money by selling shares then they do by television sets.
 
Quote from michaelscott:

...and if I might add one more thing...with all this hype of television sets and analysts with 15 dollar target prices...did anyone check to see if this company actually turned a profit?

These guys are running out of money and they will continue to offer more shares to the public. Its either offer more shares or go bankrupt. This is the same money losing company as it was in 2004 and 2005.

The only way the company makes money is by selling shares on the open market. They make more money by selling shares then they do by television sets.
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Every sentence in your post is false.

Please take 30 seconds to check the financials on Yahoo.

You sound like you are being paid 50 cents a post by shorts...
 
well...

BRLC Syntax-Brillian announces a 25.6 mln share common stock offering, 23 mln by the co and 2.6 mln by selling shareholders, supplement to effective shelf (7.00 )


no position in BRLC.

there have been good products but bad stocks before, and there will be again. it appears BRLC may be one of those.
 
Honestly Tarl, the reason why I post on this company is to bring the truth out so good folks will not lose their cash or have high hopes.

Previously, I had stated that the stock would fall after this conference call. I had posted statements such as "last warning" and was very direct. I had stated categorically and in detail my reasons.

I was rebuffed by people like yourself stating that I shouldnt post about things that I do not know. Then, the stock fell 16% after the conference call.

Please point out in the financials where this company has made money. The definition of making money does not include losing it. For example, if you make 100 million, but lose 120 million, you have not made any money.

I did check the financials on Yahoo and this is what is stated:

PERIOD ENDING 30-Jun-06 31-Dec-04 31-Dec-03
Net Income (18,879) (32,897) (18,744)

Does it appear the company is making money or losing money? If the company was making money, then they wouldnt need to engage in the business of selling stock, they would engage in the business of selling television sets.


Quote from Tarl_Cabot:

Every sentence in your post is false.

Please take 30 seconds to check the financials on Yahoo.

You sound like you are being paid 50 cents a post by shorts...
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May buy this at 2.50 in a few months after the share dilution. Glad I never got involved in it. I'm holding the bag on some crappy biotech's in the mean time...
 
I did check the financials on Yahoo and this is what is stated:

PERIOD ENDING 30-Jun-06 31-Dec-04 31-Dec-03
Net Income (18,879) (32,897) (18,744)

Does it appear the company is making money or losing money? If the company was making money, then they wouldnt need to engage in the business of selling stock, they would engage in the business of selling television sets.
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My assessment of your IQ went down 20 points.

"PERIOD ENDING 30-Jun-06"

HOW LONG AGO WAS JUNE 2006 ???

You also did not bother to read my description that in order to grow greater than 100%, it is necessary to borrow money or float more stock. No other way possible. Simple mathematics. If you sell all your production, your receivables cannot be greater than 100%.

Your predictions about the conference call day were a "stuck clock being right twice a day". There is no way a chart can predict that the company would announce a stock dilution.

In fact, mathematically speaking, the effective stock price went up - because the total decrease was LESS than the total dilution.

Everything that the company is doing is exactly correct business tactics.

Yesterday, I was watching ESPN and in between shows, the graphics said "ESPN OLEVIA"...
 
Wouldnt a CEO or director leak information to their investors BEFORE the news came out? Wouldnt the guys at Merryl leak information about the dilution BEFORE the news came out? Its customary to warn the people you do business with that your going to do it even though its illegal.

So you see it in the stock price where all rallies are sold and it makes lower highs and lower lows. Thus, those lines on the chart do tell you what people are up to.

Sometimes it doesnt quite work as planned, its not a 100% guage. However, you do know that most good or bad news is usually leaked long before the actual event. In rare events is news ever kept secret.

Quote from Tarl_Cabot:


Your predictions about the conference call day were a "stuck clock being right twice a day". There is no way a chart can predict that the company would announce a stock dilution.
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My opinion on BRLC is that they used all their bad news in one shot.

Now they positioned themselves to sell the optional 3 million shares to the brokers at a discounted rate without any SEC violations. By the way 3 of the 6 analysts Robert W. Baird, Canaccord Adams, and Brean Murray Carret will serve as co-managers for the stock offering. (The same analysts have a target price of $15.).

When the price of the offering is announced next week it will create the short squeeze another analyst predicted driving the pps closer to the projected price. http://smallcap.seekingalpha.com/article/34313

They wont need to sell all of the shares because of the jump in price, so the dilution factor will be out of play.

They also upped the projected sales to top $1billion.
 
Quote from michaelscott:

http://www.marketwatch.com/news/sto...563-1945-47E1-AC0F-DDD3A7D4640C}&siteid=yhoof

If they do business in China, then they are in for some trouble.
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Big trouble - making money faster than they can count it.

They just sold 5,000 65-inch LCD TV sets to the government of China. (You don't have to be Sherlock Holmes to figure out that those are for showing Olympics events a year from now.)

They also mentioned that all their sales in China have higher profit margins than the ones in the US.
 
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