RJD Green Inc (PK) (RJDG) News

I was thinking the yield sign was because of the late filing.  I stand corrected.  Thx, I was off a month. 

Q1 ended november 30th. RJDG doesnt have to file for 45 days after the quarter ends plus an extra 5 days if needed.

Yeah, makes no sense.  Just like lacks of PR and fillings, no one likes cold pizza either.  Wonder why they haven't filed. 

I THINK THE CEO HAS TO RETIRE AS SOON AS HE READS THIS POST.AND BRING IN A GUY THAT CARES ABOUT SHAREHOLDER VALUE.WE HAVE BEEN AT .006S FOR A DECADE.LOL.THIS GUY HAS NO BUSINESS BEEN A CEO.BUT MAYBE A PIZZA DELIVERY GUY.

They need to post their q.  Late filing doesn't look good on them.  

good move today....

The company 10Ks show no deferred salary in the last several years. Since they have begun to have profitable operations they pay themselves on a current basis in cash.

RJDG one of their susidiaries, https://silexinteriors.com/

Company management has a history of deferring their salaries and taking shares instead.   Deferring salaries artificially increases net income as you are not booking any payroll expense in that year). The Balance Sheet should show accrued payroll but for this company, that only happens right when they decide to book it.

Statement of cash flow 2024 2023
Investing Activities
Purchase of Property and Equipment $ (42,488) $ (53,898)
12900 Uncategorized Asset: Acquisition Deposit $ (98,302) $ (53,898)
Net Cash Used in Investing Activities $ (140,790) $ (53,898)

The annual amendment changed the number of shareholders also. The cfo was off because of an accident, they might have fudged the numbers until he got back, otc companies don't seem to worry about these issues. We will find out about these issues shortly.

Paying cash for an asset does not affect the P&L.

I suspect they did a poor job of estimating the cost of a construction project and did progress billing along the way at key completion targets. When the job was completed they had to book a loss on the project.

Remember they were not able to release an accurate FY 2024 P&L and had to restated that. In a prior quarter the prior year column reflected whole dollar amounts but the current year had dollars and cents. Simple Excel worksheet setting to reflect no numbers after a decimal.

These guys really need to tighten up the quality and creditability of their financial reporting. This would include transparency on the asset purchase costs and terms and how they preannounced a revenue number and then missed by $300K just weeks later.

At a price of $.0066 today the company has a market cap of just under $2.4 million. For $790K they could repo 1/3 of the o/s and have insiders control the company. With a 8-31-24 Tangible Book Value of $.0084 why are they sitting on their hands???

Did rjdg pay cash for jsi ! Could be the reason for the terrible 4th Q . Still did $1.3 in revs.

AND they have a reserve set up for the $375K of income tax shelter impact from NOLs in prior years.

The only reason you would do that is if you don't think you will use them before they expire. The life on those is 20 years from the year they were generated.

This does not inspire confidence.

I do hope they release early and not hold back until the last minute.

At 8-31-24 the Net Tangible Book Value was $.0084. They have allowed the stock to trade below that for a while without doing any mop up repos so I assume that Q1 is going to be weak.

They did miss revs by $300K in Q4, just weeks after they preannounced it. Then they did not explain any details of the shortfall but did quickly tell us about the big orders we could expect soon.

This is the quarter we should see some indication of the terms of the asset purchase and a discussion of the P&L impact in Q1.

And the company stopped so they could restate the FY 2024 earnings report for a rookie mistake.

This quarter really requires some transparency on some of these issues.

Q1 REPORT IS DUE ANY DAY NOW.LET'S HOPE IT WILL BE GOOD.

IT IS EXTREMELY HARD TO BELIEVE FOR SO MANY YEARS NOW WE CAN NOT STAY ABOVE .01.AND TRADE IN THE .03 TO .05 AREA.ONE HAS TO WONDER WHERE THE F THE SHARES ARE COMING FROM.

Yeah only real selling here comes when price action starts Fkn moving up grabbing the attention of whoever controls action here. There's enough action out in some of these otc plays recently that would drive this particular ticker through the roof but players want to pump garbage trips like hmbl that have 10s of billions in O/S to chew through

WTF IS GOING ON????WHERE THE F DID THE SELLERS GO????????ORCA NEEDS SHARES TO BRING THE AVERAGE DOWN FROM .011.

YOU GOT CONFUSED.I SAID THAT.. NOT HIM.AND YES OVER 2 MILLION STILL PENDING AT .0063.IF IT GETS FILLED IT WILL BE REPLACED WITH ANOTHER 3 MILLION.AND SO ON.SELL YOUR SHARES AND SALVAGE WHAT EVER YOU CAN MAN.LOL.
ORCA

Re: longago post# 24981

Tuesday, December 03, 2024 10:04:25 PM

Post#
24982
of 24986
2 MILLION AT .0063 WILL BE ON TOMORROW A.M.IF YOU WANT TO SELL ALL YOUR SHARES LET ME KNOW I WILL MAKE IT 5 MILLION AT .0063.

6 days ago you were posting that you wanted to buy 5 million at $.0063 and now this is a scam???

Even at $.008 this company has a market cap of just $2.8 million. They reported that they had $2 million in cash at 8-31-24 even after the Q4 loss.

They would do themselves a big favor by reporting the 11-30-24 Q1 results before Christmas. It would also be good for them, and us, if they were more transparent about that Q4 loss and shortfall in revenue.

It would also be beneficial for all concerned if they upgraded their financial controls and reporting so that they don't have to restate this earnings report for errors like last time.

I told these peeps this was an outright scam for years. Some of them even lied on this board in support of the scam

SELL BRO SELL DAMMIT.

We need an explanation on the JSI aquisition. Ive text Ron asking that he explains the equity involved, i suspect we will see it in the coming 1st quarter earnings. More importantly was Q4 a horrible q or did the company finish a large project in q-3 like someone mentioned on this board. Expecting a huge q-1 report since it should include all of JSI's property including their book.

2 MILLION AT .0063 WILL BE ON TOMORROW A.M.IF YOU WANT TO SELL ALL YOUR SHARES LET ME KNOW I WILL MAKE IT 5 MILLION AT .0063.

Why not just put in a size bid??

You can't cross a block outside of market parameters anyway.

IF ANYONE WANTS TO SELL A BIG BLOCK LIKE 2 MILLION TO 10 MILLION SHARES.LET ME KNOW.I WILL TAKE IT WITH ONE HIT.SEND ME P.M.

TOD HE GOT US THE DIRT BAG.WE SHOULD NOT HAVE ADDED IN THE .012 AND .011 WHEN WE DID.WE SHOULD HAVE WAITED TO SEE THE YEARLY REPORT FIRST.HE LIED WITH HIS STUPID PREDICTION.AND MADE US KEPT BUYING THE DIRTY BAG.THEN HE COMES SHORT $300 K.UNREAL.HE IS NOT TO BE TRUSTED FROM THAT POINT ON.
LET'S HOPE Q1 WILL BE GOOD.IF HE LOSES MONEY THEN IT WILL PROBABLY GO DOWN TO .004S AREA.AND STAY THERE UNTIL NEXT REPORT.IF YOU LOOK AT THE 5 YEAR CHART.THIS THINGGOES UP OVER .01 AND RIGHT BACK DOWN TO .004S.

RJDG I WILL ACCUMULATE 18 MILLION SHARES.
THEN BOOM.BUT IT WILL TAKE LONG TIME.BEFORE SHE RUNS.POSSIBLY 20 TO 30 YEARS.LOL
NOW VIEW THIS::::HERE IS THE LOSER FOR YOU.AROUND 60K$ FOR THE MONTH OF NOVEMBER.SUCCESS RATE AROUND 95% IN MY TRADES, FOR THE MONTH.THE GREATEST OF ALL TIMES.THERE WILL NEVER BE ANOTHER ORCA.
AND TO THINK ALL THAT WITH ONE ACCOUNT.SCHWAB.ONE FREAKEN ACCOUNT.IMAGINE THAT HUH???
BEATING THE MFs TO THE PUNCH WITH ONE ACCOUNT.

BRO YOU HAVE NO IDEA.NEWBIES DO NOT MAKE 400K$ PER YEAR AVERAGE FOR THE LAST 4 YEARS.TRADING PENNY STOCKS.BTW THIS MONTH WILL SAY OVER 55K$ IN NET REALIZED PROFIT.AS MUCH AS A MIDDLE CLASS WORKER MAKES PER YEAR.THE BEST THING FOR YOU TO DO IS STFU.YOU WILL BE HOLDING BAGS FOR THE NEXT 5 YEARS.KEEP UP THE BS.A LOSER DOES NOT HAVE THOUSANDS OF FOLLOWERS BECAUSE HE IS A NEWBIE

Followed By: 2484
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Alias Born: 02/10/2002 09:02:47 PM

For a guy who claims to be an investing veteran, you don't sound like it. No one doesn't care if they make or lose money whose been in the game a while. 

Sounds more like a newbie talking tough 

Their PR is abysmal that is for damn sure.

If Ron does not at least glance at the comments here he is not learning anything.

Next week after Thanksgiving and after Q1 has ended I am going to try to engage him in a reasonable email conversation about some of the issues we have all expressed here in the last few weeks.

You're nuts if you think that Ron reads this board. The guys over in LA LA land doing God knows what. His IR contact at the bottom of press releases has an AOL email address. He never responds to emails, texts or calls. And to orcas point, yes they missed their revenue targets. Basically got lucky with silex. 

WE ARE NOT HERE TO MAKE FRIENDS.AND MMs ARE NOT FRIENDS.THERE ARE NO FRIENDS IN TRADING.

PUNISHMENT WILL BE TREMENDOUS.I CARELESS IF I LOSE MONEY.THE STUPID SCAMBAG LIED A FEW MONTHS BAG,AND LED US TO BELIEVE THAT HE WOULD HAVE 6 MILLION IN REVENUES.HE WAS SHORT 300K.
EXPECT TO HOLD FOR VERY LONG TIME.

Agreed.

In the couple of penny stocks I have been involved in management read the iHub posts. And I was Chm and CFO for one. Management looks for fact based comments from knowledgeable professionals.

I was also a CBOE market maker and I know even way back then the trading crowds on the floor had periodic evaluations for several market quality metrics. This must be the case even for MMs down here in the penny stock bargain basement. I don't think you make any friends in the boardroom or on Level 2 by shouting in ALLCAPS and complimenting yourself on the size of your member.

Uh, this isn't the brag that you may think it is. 

THE CEO IS AN ABSOLUTE POS.AND HAS BEEN FOR YEARS.WE ARE GOING TO PUNISH HIS STUPID COCKINESS.
FOR ME I HAVE NO PROBLEM IF WE STAY DOWN HERE FOR THE NEXT 20 YEARS.OR GO MUCH LOWER.
I WILL TRADE IT FROM NOW AND ON LIKE A POS.WHILE I AM DOWN SOME BIG MONEY AT THE MOMENT ON THIS POS.IT DOES NOT MATTER TO ME.IF THE STUPID MMs THINK THEY WILL SHAKE OUT A
LEGEND FOR 33 YEARS IN THE PENNY MARKET.THEY NEED THEIR STUPID HEADS EXAMINED BY A PRACTITIONER.

Ron's not smart enough to figure out how to do a buyback. His CFO is still hurt also.

At $.0056 the market cap is about $2 million. At 8-31 that is how much cash they had.

The quarter ends Fri/Sat so they can't buy any shares here without a disclosure of roughly how much money they made/lost. But....they should put a little cash into an open market buying program. Just announce they have $200K or whatever to spend.

I would spend half of each quarter's earnings to buy stock at up to $.006 since BV is $.0084/share.

TODAY IT HIT .0061 LOW.WOW.NEXT STOP .005S.I WONDER IF THEY WILL TRY TO TAKE HER TO .003S.

They have not held an annual shareholder meeting that I am aware of. They should do that so we as owners could organize and get some representation on the BOD.

No he did not respond to my email except to issue a restatement of the earnings report for the obvious error.

I think they should issue Q1 statement by 12-15 to give us all a clear view of the current state of the company. Did we have a second consecutive quarter of losses for the quarter that ends this Sat?? What is the cost of the assets purchased and how much have they contributed to Q1 results?? How has all of that impacted the $2 million cash held on the BS at 8-31-24. A statement they recognize the weakness in the stock price and that it trades below Tangible Book Value. Do they have any plan to repo shares at a discount to BV or is it the plan to just let new owners soak up the overhanging shares for sale.

There is almost $400K of unrecorded assets for the tax benefit of the NOLs. Do they really believe we will not have enough future earnings to use those??

Finally, I would like to see some indication that we are not just spinning our wheels with the 2 business lines outside of Silex. Sale of those could be a source of funds to shrink o/s.

This company does not have a strong enough financial team to be able to step up to a higher level of trading.

At the closing price on Friday of $.007 the company has a market cap of just $2.5 million. With $2 million in cash I think their biggest question internally should be "how can we remain independent and grow shareholder value without being a takeover target"

Did Ron ever get back to you? My opinion is Ron can't be trusted to grow the company into a QB or QX exchange. He's C tier management who got lucky with one of his turnaround subs, Silex. Company has more than $2M in cash and doesn't have the foresight to create a buyback program for any amount of money, even $100k.

Someone woke up this morning with an epic urge to own $115 of this stock??

SMH

LOOKS LIKE IT IS HEADED TO .004S AND .005S AGAIN.THAT WILL BE AWESOME.I WOULD LOVE ANOTHER 10 MILLION IN THE .004 AND .005 AREA.STUPID MMs AND THE SCAMBAGS THAT KEEP HITTING THE BID SUPPORT.YOU NEVER LEARN YOU STUPID IDIOTS.KEEP THEM COMING.

As an aside, if I were on the BOD here I would push for the sale of IoSoft and Earthlinc.

The company does not report segment P&L so we don't know if these providing decent return on investment numbers. They do distract management as they keep talking about evaluating small tuck under acquisitions for these 2 businesses. Very different skill sets required to run these operations compared to the construction business.

Net tangible book value for the shares at 8-31-24 is $.0084 without the unrecorded deferred tax asset. Use any funds from these sales to buy back stock at below that price and the BV increases.

((((are we on the eve of another quarterly loss?))))IF HE REPORTS ANOTHER LOSS THEN WE ARE GOING TO .005S AND .004S.ALL OVER AGAIN.EVEN THOUGH I DO NOT SEE ANOTHER Q LOSS.Q1 IS ENDING BY END OF THIS MONTH.ANOTHER 10 DAYS LEFT.

We all know the last day they have to file. The last PR was a nothing burger so they could release their Q1 on 12-15 to be more transparent.

They did not follow GAAP by reporting subsequent events for the details of the asset purchase in the 10K.

This stock is under distribution as I have said for a couple months now. That began before the Q4 loss was reported. Size available today, and price weakness the last couple weeks, just before another earnings report.

I ask rhetorically again are we on the eve of another quarterly loss?

Q1 IS DUE JANUARY 15TH.LOOKS LIKE WE ARE HEADED TO .005s AND .004S AGAIN.500K BLOCKS HITTING THE BIDS.RON CEO OF RJDG=A COMPLETE LOSER.

At 8-31-24 we had $.0056 per share in cash and today the stock trades at $.0062??? Are we looking at a loss for the second consecutive quarter?? I hope we see a quarterly report by year end that is accurate enough it does not have to be revised.