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Noted. Delta neutral did not work here. Everyone lost here. The sleezes involved should go to jail.
All eyes on APIT today
O/S: 32,924,419 (a/o April 11, 2011)
http://www.otcdynamics.com/$apit-aspire-international-inc-promotional-campaign-starting-mar-16-2015-803-pm-cst/
Good luck
APIT SEC Suspension for Financials / Filings delinquencies:
http://www.sec.gov/litigation/suspensions/2015/34-74444.pdf
Order:
http://www.sec.gov/litigation/suspensions/2015/34-74444-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2015/34-74445.pdf
Apparently APIT was a bust. MacLeod is broke and living in a working class row house in the UK.
The row house address is the same address used for MacLeod's last corporation.
http://www.duedil.com/company/07322480/lion-and-dragon-limited
It's hard to believe MacLeod has run so many cons for so many years and is... broke.
His housing circumstances certainly indicate it though, don't they?
More DD on George MacLeod. He is the one Aspire is giving "special previledges" to:
George MacLeod is a serial offender, IMO. He has been involved in multiple cons and connections with people who've been sent to jail (David Stocker) and an institution about to be prosecuted by the SEC (Big Apple).
He was connected with the same gang in the Sushi Trend con associated with fraud perpetrated on GeckoSystems ( Reed Wallace, Jerry Alexander).
During that MacLeod's brief tenure with GeckoSystems he introduced fake investors, defrauded the company and potential legitimate investors, and tried to sell the company's technology for pennies on the dollar. He also brought "fly ash" Wallace on board.
Just like at Sushi Trend and GeckoSystems, MacLeod didn't last long at PHARMESSEN. It would be interesting to talk to these people. I bet it would be the same story. It looks like MacLeod and that crew lasted less than eight months at PHARMESSEN.
http://web.archive.org/web/20031206184845/http://pharmessen.com/
12/06/2003
DUSAN G. NINKOV DVM MSc PhD
President & CEO
ANGUS J. MacDONALD
Vice President & Business Development Director
KENNETH B. FRESHWATER
Technical Operations Director
DUSAN M. LEKIC MD MSc PhD
Research & Development Director
PETER V. PALLAI BSc MSc PhD
Chemistry Consultant
WOLFRAM JUNGHANNS BSc MSc PhD
Production Consultant
VESNA SEGOS BSc MSc
Pharmaceutical Consultant
Z.B. WEISS BFA BA MFA
Marketing Director
http://web.archive.org/web/20040327143458/http://www.pharmessen.com/
PHARMESSEN EXPERTS
DUSAN G. NINKOV DVM MSc PhD
President & Chairman
GEORGE MACLEOD
CEO
GERRY BERG
CFO
FRANK CHAVIANO
PhD Public Health
VP of Product Development
frank@pharmessen.com
WADE STEVERSON
Vice President Sales/Marketing
wade@pharmessen.com
EZRA BEJAR MSc PhD
Vice President Research and Development
drbejar@pharmessen.com
WOLFRAM JUNGHANNS BSc MSc PhD
Production Consultant
VESNA SEGOS BSc MSc
Pharmaceutical Consultant
http://web.archive.org/web/20051107224736/http://66.34.178.32/press/press.asp?id=11
Pharmessen Scientific, Inc. Announces Management Changes
SAN DIEGO--(BUSINESS WIRE)--August 30, 2004--Pharmessen Scientific, Inc. (Other OTC: PASC.PK - News), a global nutraceutical research company focused on providing leading supplements for better general health, announced today that founder Dr. Dusan G. Ninkov has resumed his CEO role on an interim basis, a post he held up until February of this year. In connection with this change, the company has relieved its Chief Executive Officer and Chief Financial Officer from their respective positions. Also on an interim basis, the CFO function will be performed with the assistance of the company’s outside accounting firm. The move was part of a larger effort, including a reduction of other administrative personnel, for the purpose of reallocating resources from overhead to sales and production support. "This change in management signals a return to fundamentals, and a re-unification of managerial philosophy with shareholder value," said Dr. Ninkov. "We believe that Pharmessen has not realized sales growth to a level consistent with the quality of its existing product, and we are actively reducing overhead to dedicate all available resources to the company’s sales effort." Consistent with this renewed priority on sales, Pharmessen also announced the appointment of Gabriel Luna de la Fuente as Chief Operating Officer. De la Fuente is a seasoned sales veteran, with successful tenures with Coca-Cola, Champions Sports Memorabilia, Univision Television, and El Informador Magazine. "Pharmessen has an exciting product line, and it has been well-received by the market," says de La Fuente. "My belief is that this company’s growth will and should come from profits, which in turn come from sales. That will be my focus."
How would I have his email address? George MacLeod is notorious for stock scams and his daughter conspires with him. Here is some DD which was done on them:
Have you emailed him to find out, or to relay your concerns at least?
Per Aspire's CEO, Bok Wong "While the evaluation process to becoming fully compliant can be exhaustive, our aim is to become financially reporting as soon as possible as an absolute priority for Aspire International."
Wonder if they will show in their "fully compliant" reporting information about George I. MacLeod, in particular,the details of the special priviledges he is receiving from Aspire? All shareholders should demand to know what this guy is receiving because his reputation in one of a stock scam individual who goes from play to play milking them for all he can get and then moves on.
All JMO of course.
"A lot of buying" could just be wash trading trying to set up another pump and dump.
Just look at a twelve year chart on this stock and remind yourself that the ownership really hasn't changed, just the name of the scam du jour.
Still, there is a lot of buying going on here, for such a questionable company. The trouble is, it's only Asians that have any idea of what might be going on here - ie insiders, IMO
Kiwi
Price of APIT keeps dropping. It was down 11.11% yesterday. Shareholders need to be aware of any stock play where George MacLeod is involved, IMO. He is getting "special priviledges" from Aspire. Beware!
You are welcome. Shareholders should know more about this company, IMO.
Thanks for letting me know, i sold already as i got totaly peed-off with the way this was being run.
Aspire stock is not doing well. I wonder if investors have learned about George MacLeod and his "special priviledges" with the company? MacLeod has been involved in a number of shady pink sheet deals, IMO. All those interested in Aspire should research George MacLeod thoroughly.
When is the company going to disclose the special priviledges it is giving George MacLeod? Shareholders have a right to know that information, IMO.
Have you read all the company press releases of late?
very difficult to work out what exactly is going on here I must admit - company been very quiet lately - and the company / IR web site is a joke!
http://ih.advfn.com/p.php?pid=squote&symbol=APIT
http://www.aspireinternationalinc.com/
This stock is not doing well at all. The charts show a steady decline in pps. Perhaps when investors and potential investors learned of George MacLeod's "special priviledges" they ran for the hills. JMO, of course.
George MacLeod gets special priviledges with Aspire as stated below from one of their filings. Wonder what he is doing for the company to have a "blank check" with APIT? Curious minds want to know and I think a lot of DD is in order regarding this MacLeod fellow.
I got your PM but don't have PM privileges
my ihub public email is favorite.pinkies@yahoo.com. If you have an email address send me an email or PM. Either that or I will PM you on Friday @ happy hour. Couldn’t respond at Brav. They delete ½ of my posts.
Luna
This stock is not doing well. No sales at all on Friday. Wonder what today will be like?
Good DD, Paula. It does appear APIT has been set up as a stock scam, but I guess more investigation needs to be done. Thanks for your findings so far.
From the info in the Ibox Aspire International seems to have changed its business plan every few months.
It is the newest con of a "IR" promoter named George MacLeod. .... At least it's the most recent one one I've found, he could have moved on to greener pastures though. This one seems to be dead in the water in the US market but that doesn't mean that he's not papering the Great Wall of China with worthless certs.
The company is completely dark:
http://www.otcmarkets.com/stock/APIT/quote
He's got an exceptional employment agreement it seems, I've never seen such an odd filing.
Aspire has an interesting history. I haven't traced all of the connections,there are too many honestly, but it appears that this was set up as a scam from the beginning.
From Edgar -
N-6F ASPIRE INTERNATIONAL, INC.(GRIFFIN INDUSTRIES INC) 10/22/97
This is the date that Griffin Industries was created. The following is take from the earliest filing available, the first ones were paper filings and are not available on line.
ASPIRE INTERNATIONAL, INC.(GRIFFIN INDUSTRIES INC) 01/30/98
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=1247820
The company was started with no business and a one million dollar sale of stock.
George MacLeod has been involved in a number of pink sheet "scams", IMO. I would stay away from investing with any company associated with Mr. Macleod. What the heck is all of this with Aspire? Hard to understand because it is so convoluted, just like a George MacLeod play, IMO.
Beware of this company! Their OTC site has a Stop sign meaning no information available. There is a very large warning to investors about what the Stop sign means.
http://www.otcmarkets.com/stock/apit/quote
This one's really cute......
Just days before they inherit MacLeod with the "Internet Shopping Mall" Bok Wong, the President and CEO of Aspire, sells himself Persifans. Persifans was the company who owned the shell in the first place and they acquired it for " a token cash payment and the assumption of $2,000,000 of Aspire debt.".
Wanna make a bet that debt was owed to BokWong or Persifans in the first place?
Wanna make a bet that they expected MacLeod to dilute the heck out of Aspire and wanted to break Persifans free?
So who controls this corporation. Obviously, it's not the shareholders LOL!
Wow! Thanks for this information on Aspire, and in particular George MacLeod. According to the filing they can give Mr. MacLeod anything they want to without approval from anyone. What a sweet deal for Mr. MacLeod! He has quite a reputation for running scams on companies, so I have heard, but that is JMO.
This company changes business plans as often as I change shoes.
This is George MacLeod's newest con... At least it's the most recent one one I've found, he could have moved on to greener pastures though.
The company is completely dark:
http://www.otcamarkets.com/stock/APIT/quote
He's got an exceptional employment agreement it seems, I've never seen such an odd filing.
I'm curious about this stock which seems to be doing pretty good. Think I will do some DD on Aspire.
Aspire Announces Correction of March 2011 Press Release
Date : 09/30/2011 @ 4:13PM
Source : GlobeNewswire Inc.
Stock : Aspire International, Inc. (APIT)
Quote : 0.304 0.004 (1.33%) @ 3:53PM
Aspire International Inc. (Pink Sheets:APIT), today announced a correction of content in a press release issued on March 22, 2011.
The referenced release contained the statement "through its Chinese subsidiary, Aspire GuangXi Inc., a Wholly Foreign Owned Enterprise (WFOE), it is engaged in the acquisition, exploration and development of mineral properties in the Guangxi Zhuang Autonomous Region of southwestern China, prospective in particular for manganese and gold."
Aspire GuangXi Inc. had in fact been divested in February 2011. Subsequent to the divestiture, all activities with respect to mining interests have been carried out by Aspire directly.
On September 14, 2011 Aspire announced entering into a new and more advantageous LOI with respect to the Guilin Gold Project.
About Aspire International Inc.
Aspire International Inc., www.aspireinternationalinc.com, is a U.S. corporation whose executive offices are in Toronto, Ont., Canada. Aspire is an emerging holding company focused on resource, ecommerce and high-tech projects.
Cautionary Note About Our Forward-Looking Statements
All of our statements that contain other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are "forward-looking statements" within the meaning of applicable federal securities law. Forward-looking statements may generally be identified by words such as "believe," "project," "expect," "may," "estimate," "intend," "plan," "will," "could," and similar expressions. The Private Securities Litigation Reform Act of 1995 contains safe-harbor provisions for forward-looking statements, and we intend that our forward-looking statements be covered by those provisions.
Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, both known and unknown, that may cause actual future results to differ materially from those indicated in the forward-looking statements. Our ability to predict future results of current plans or strategies is inherently uncertain. Factors that could have a material adverse affect on our future operations and prospects include, but are not limited to: competition, interest rates, changes in economic conditions, litigation, political and regulatory changes, the cyclical nature of the mining industry, technical issues inherent in the mining process, our ability to attract and retain qualified personnel, the availability of capital and a change in demand for minerals produced. These risks and uncertainties should be considered when evaluating forward-looking statements, and undue reliance should not be placed on such statements.
We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. More information concerning our business, including additional factors that could materially affect our financial results, may be found in our periodic filings with the SEC (http://www.sec.gov).
CONTACT: Investor Relations
CenterPoint Communications Group, LLC
Todd Lorenze
386-775-2020 x 1
www.centerpointcg.com
Aspire Announces Strategic Alliance With Hong Kong-Based Investment Management Company
Thursday 29 September 2011
Aspire International Inc. (Pink Sheets:APIT) today announced a strategic investment alliance with Granite Capital Partners Limited.
Granite Capital Partners Limited is an investment and asset management company focused on the financial consulting business. As Aspire continues to develop its core businesses in mining and ecommerce, the alliance with Granite will add important professional knowledge in financial management that could in time produce revenue growth from new ventures as well as from Aspire's substantial existing client base.
Aspire will own ten percent of Granite shares while Granite will operate in Aspire's Hong Kong office.
Granite's president, Charles K.M. Liu, former director of Citibank HK's regional loans agency center, said, "We are very excited about this strategic alliance with Aspire, believing it can grow into a compelling win-win situation for both companies and their shareholders, likely leading to increasingly strong investment interest in Aspire throughout the economically robust Southeast Asia region."
About Granite Capital Partners Limited
Granite Capital Partners Limited is a private boutique investment consulting company headed by Charles K.M. Liu, who has over 30 years experience in the financial industry. The company's focus is on asset management, private equity, pre-IPO funding and other financial consulting services.
About Aspire International Inc.
Aspire International Inc., www.aspireinternationalinc.com, is a U.S. corporation whose executive offices are in Toronto, Ont., Canada. Aspire is an emerging holding company focused on resource, ecommerce and high-tech projects.
Cautionary Note About Our Forward-Looking Statements
All of our statements that contain other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are "forward-looking statements" within the meaning of applicable federal securities law. Forward-looking statements may generally be identified by words such as "believe," "project," "expect," "may," "estimate," "intend," "plan," "will," "could," and similar expressions. The Private Securities Litigation Reform Act of 1995 contains safe-harbor provisions for forward-looking statements, and we intend that our forward-looking statements be covered by those provisions.
Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, both known and unknown, that may cause actual future results to differ materially from those indicated in the forward-looking statements. Our ability to predict future results of current plans or strategies is inherently uncertain. Factors that could have a material adverse affect on our future operations and prospects include, but are not limited to: competition, interest rates, changes in economic conditions, litigation, political and regulatory changes, the cyclical nature of the mining industry, technical issues inherent in the mining process, our ability to attract and retain qualified personnel, the availability of capital and a change in demand for minerals produced. These risks and uncertainties should be considered when evaluating forward-looking statements, and undue reliance should not be placed on such statements.
We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. More information concerning our business, including additional factors that could materially affect our financial results, may be found in our periodic filings with the SEC (http://www.sec.gov).
http://ih.advfn.com/p.php?pid=nmona&article=49352763&symbol=APIT
This could be the last time we ever see this 30 cent level IMO.
Congrats to those picking up shares at this level - I think we will soon see some upward movement in price.
kiwi
Aspire Enters Into Letter of Intent to Acquire Controlling Interest in Gold Concession in China
Aspire International Inc. (Pink Sheets:APIT) today announced that it has entered into a new Letter of Intent to acquire a controlling interest in a gold-bearing concession known as the Guilin Deposit in the Guangxi Zhuang Autonomous Region of southern China.
The company had previously entered into an LOI to acquire the Guilin gold-mining rights in January of this year through a subsidiary that the company subsequently divested itself of as part of a corporate realignment.
The new LOI includes significantly improved terms for Aspire.
China has been the world's top gold producer since 2007. Most of that gold stays in the country, fabricated into jewelry and other manufactured items to meet a rapidly growing demand from China's increasingly wealthy middle and upper classes.
The Guilin gold concession is located in an emerging gold-producing region of southern China. It covers 3.95 square kilometers and is known to contain a minimum of five zones of gold mineralization, of which two are in production and considered economically viable.
According to due-diligence survey work commissioned by Aspire, as well as prior extensive geological work by Chinese government geologists and others, the primary deposit may contain over one million metric tons of commercially mineable gold-bearing ore, with considerable additional potential to further expand the resource.
Aspire CEO Bok Wong commented, "We consider the Guilin Deposit to be an exceptionally high-value prospect for Aspire. We intend to enter into a definitive agreement with respect to this project within the next 60 days."
About Aspire International Inc.
Aspire International Inc., www.aspireinternationalinc.com, is a U.S. corporation whose executive offices are in Toronto, Ont., Canada. Aspire is an emerging holding company focused on resource, ecommerce and high-tech projects.
Cautionary Note About Our Forward-Looking Statements
All of our statements that contain other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are "forward-looking statements" within the meaning of applicable federal securities law. Forward-looking statements may generally be identified by words such as "believe," "project," "expect," "may," "estimate," "intend," "plan," "will," "could," and similar expressions. The Private Securities Litigation Reform Act of 1995 contains safe-harbor provisions for forward-looking statements, and we intend that our forward-looking statements be covered by those provisions.
Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, both known and unknown, that may cause actual future results to differ materially from those indicated in the forward-looking statements. Our ability to predict future results of current plans or strategies is inherently uncertain. Factors that could have a material adverse affect on our future operations and prospects include, but are not limited to: competition, interest rates, changes in economic conditions, litigation, political and regulatory changes, the cyclical nature of the mining industry, technical issues inherent in the mining process, our ability to attract and retain qualified personnel, the availability of capital and a change in demand for minerals produced. These risks and uncertainties should be considered when evaluating forward-looking statements, and undue reliance should not be placed on such statements.
We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. More information concerning our business, including additional factors that could materially affect our financial results, may be found in our periodic filings with the SEC (http://www.sec.gov).
CONTACT: Investor Relations
CenterPoint Communications Group, LLC
Todd Lorenze
386-775-2020 x 1
www.centerpointcg.com
...In addition, Aspire expects to complete a transaction with respect to its principal manganese mining target within 30 days.
Good news!
Kiwi
Aspire Announces Startup of Mygos Ecommerce Platform in Taiwan
Thursday 18 August 2011
Aspire International Inc. (Pink Sheets:APIT) today announced the startup of its Hong Kong-based Mygos ecommerce platform in Taiwan, the first step of a planned Mygos rollout into a number of dynamic Southeast Asia markets.
With an estimated 2011 GDP near US$450 billion, Taiwan ranks among the world's top twenty-five economies. It has an entrepreneurial, export-driven economy with gradually decreasing state involvement in investment and foreign trade. The trade surplus is substantial, and its foreign reserves are the world's fifth largest.
In 1962, Taiwan had a per capita gross national product (GNP) of US$170. But by 2005 its per capita GNP, adjusted for purchasing power parity (PPP), had soared to US$27,600. Taiwan is now the world's largest supplier of contract computer chip manufacturing (foundry services) and is a leading manufacturer of LCD panels, DRAM computer memory, networking equipment and consumer electronics.
Aspire CEO Bok Wong commented, "The initial response to our Taiwan initiative has exceeded our expectations. We are already experiencing a rapid rate of growth in business, which would indicate a strong market for the services we provide. The Taiwanese are noted for their entrepreneurial skills. We believe that our Mygos ecommerce platform provides significant leverage for optimizing the application of such skills."
The company expects Mygos to enter other major Southeast Asia markets before the end of September as it continues to build and expand its presence in the Far East.
In addition, Aspire expects to complete a transaction with respect to its principal manganese mining target within 30 days.
About Aspire International Inc.
Aspire International Inc., www.aspireinternationalinc.com, is a U.S. corporation whose executive offices are in Toronto, Ont., Canada. Aspire is an emerging holding company focused on resource, ecommerce and high-tech projects.
Earlier this year the company acquired and now operates a Hong Kong-based international B2C shopping mall, www.mygos.net, "My Global Online Shop" (Mygos) – an ecommerce platform that enables anyone to start his or her own business online.
Aspire also intends to acquire, explore and develop world-class mineral properties in the Guangxi Zhuang Autonomous Region of southwestern China, prospective in particular for manganese and gold.
The company's principal manganese mining target is a property that covers an area of 21.3 square kilometers containing 7.4 million metric tons of ore according to an NI 43-101 compliant report certified by a qualified geologist with more than thirty years experience. The on-site operations are led by a highly capable Chinese management team.
Recently a LOI was executed to acquire a majority interest in a 3.95 square kilometer concession (also located in the Guangxi Zhuang Autonomous Region) known to contain a minimum of five zones of gold mineralization, of which two are in production and considered economically viable. According to government geologists and recent geological survey work, the property may contain over one million metric tons of commercially mineable gold-bearing ore, with considerable additional potential to further expand the resource.
Cautionary Note About Our Forward-Looking Statements
All of our statements that contain other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are "forward-looking statements" within the meaning of applicable federal securities law. Forward-looking statements may generally be identified by words such as "believe," "project," "expect," "may," "estimate," "intend," "plan," "will," "could," and similar expressions. The Private Securities Litigation Reform Act of 1995 contains safe-harbor provisions for forward-looking statements, and we intend that our forward-looking statements be covered by those provisions.
Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, both known and unknown, that may cause actual future results to differ materially from those indicated in the forward-looking statements. Our ability to predict future results of current plans or strategies is inherently uncertain. Factors that could have a material adverse affect on our future operations and prospects include, but are not limited to: competition, interest rates, changes in economic conditions, litigation, political and regulatory changes, the cyclical nature of the mining industry, technical issues inherent in the mining process, our ability to attract and retain qualified personnel, the availability of capital and a change in demand for minerals produced. These risks and uncertainties should be considered when evaluating forward-looking statements, and undue reliance should not be placed on such statements.
We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. More information concerning our business, including additional factors that could materially affect our financial results, may be found in our periodic filings with the SEC (http://www.sec.gov).
CONTACT: Investor Relations
CenterPoint Communications Group, LLC
Todd Lorenze
386-775-2020 x 1
www.centerpointcg.com
http://ih.advfn.com/p.php?pid=nmona&article=48875900&symbol=APIT
20 board marks? hey, say something someone!
Whats your view on the Manganese, Iron ore, concessions
do they still exist as a part of APIT or not?
kiwi
07/19/2011 - Aspire Provides Additional Information About Recently-Announced Investment in Eternite International
http://ih.advfn.com/p.php?pid=nmona&article=48490081
07/15/2011 - Aspire Announces Details About Its Solar Power Business in Ontario
http://ih.advfn.com/p.php?pid=nmona&article=48458503
07/11/2011 - Aspire Announces Acquisition to Enter Automobile Security Market in China Utilizing GPS Technology
http://ih.advfn.com/p.php?pid=nmona&article=48393572
Hopefully Fridays candle signals a reversal, and the lagging MACD turns, and pulls up out from the deep zone giving the possibility of a good runup to new highs....
Kiwi
Aspire Announces Acquisition in Renewable Energy Sector
Date : 06/27/2011 @ 8:00AM
Source : GlobeNewswire Inc.
Aspire International Inc. (Pink Sheets:APIT) today announced that it has acquired a majority stake in Future Solar Developments Inc. ("Future Solar"), a private Canadian corporation operating in the renewable energy sector.
Future Solar is engaged in building solar energy power plants that qualify for participation in Ontario's Feed-in Tariff (FIT) Program, which offers a guaranteed pricing structure for renewable electricity production. FIT, which is being implemented by the Ontario Power Authority, is designed to encourage and accelerate the development of renewable energy in Ontario.
One of the goals of the FIT Program is to help Ontario phase out coal-fired electricity generation by 2014—the largest climate-change initiative in Canada.
Future Solar has obtained a contract to build a 1.8MW solar power plant and is in the process of applying for an 18MW solar power plant deal with the Ontario government. The company also plans to subsequently build a 303MW power plant.
About Aspire International
Aspire International Inc., www.aspireinternationalinc.com, is a U.S. corporation whose executive offices are in Toronto, Ont., Canada. Aspire is an emerging holding company focused in resource, ecommerce and high-tech projects.
Cautionary Note About Our Forward-Looking Statements
All of our statements that contain other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are "forward-looking statements" within the meaning of applicable federal securities law. Forward-looking statements may generally be identified by words such as "believe," "project," "expect," "may," "estimate," "intend," "plan," "will," "could," and similar expressions. The Private Securities Litigation Reform Act of 1995 contains safe-harbor provisions for forward-looking statements, and we intend that our forward-looking statements be covered by those provisions.
Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, both known and unknown, that may cause actual future results to differ materially from those indicated in the forward-looking statements. Our ability to predict future results of current plans or strategies is inherently uncertain. Factors that could have a material adverse effect on our future operations and prospects include, but are not limited to: competition, interest rates, changes in economic conditions, litigation, political and regulatory changes, the cyclical nature of the mining industry, technical issues inherent in the mining process, our ability to attract and retain qualified personnel, the availability of capital and a change in demand for minerals produced. These risks and uncertainties should be considered when evaluating forward-looking statements, and undue reliance should not be placed on such statements.
We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. More information concerning our business, including additional factors that could materially affect our financial results, may be found in our periodic filings with the SEC (http://www.sec.gov).
CONTACT: Investor Relations
CenterPoint Communications Group, LLC
Todd Lorenze
386-775-2020 x 1
www.centerpointcg.com
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Aspire International, Inc.
(Symbol: APIT )
Web site (under development:) www.aspireinternationalinc.com/
Share StructureMarket Value1 | $12,840,523 | a/o Jul 18, 2011 |
Shares Outstanding | 32,924,419 | a/o Apr 11, 2011 |
Float | Not Available | |
Authorized Shares | Unlimited | a/o |
Par Value | 0.001 |
(On February 18, 2011 there were 18,884,419 shares of common stock issued and outstanding. )
Manganese - China
Guangxi Manganese Mine (3 NEW MINES)
A 43-101 Independently Surveyed Mining Report Values Aspire at Over $1 Billion; Report Implies In-Ground Valuation of $50 per share
Geologist Estimates Rank APIT's Manganese Resource among the Largest Deposits in the World
Green Baron Believes Production Ramp-up in 2010 is about to Launch Aspire International (APIT) Stock to substantially higher prices.
Today's Green Baron "Stock Alert" is a tightly held mining company that we believe is on the brink of unbridled success. Since the stock still trades on the OTC Exchange Market we could not initiate full coverage as a "Stock Pick". It is our understanding that the Company is now working to completely update its financial filings and other aspects of the company.
This virtually unknown stock remains "ON SALE" for these reasons, and our members have a chance to snap up what we believe are the last cheap shares available before the company, which recently traded near to its all time high, could soon break above that level to new all time record highs, which from a technical standpoint, could project prices up towards $1 per share.
Aspire International, Inc. (OTCPK: APIT) is officially our newest Green Baron "Stock Alert". Results compiled from the most recent trade prior to dissemination of this report to the subsequent high will be closely monitored at www.thegreenbaron.com and through email updates to members.
Although we have very aggressive price projections for APIT, we still suggest our members try to accumulate shares as close to our profile price as possible and up to recent 2010 highs.
TRADER'S NOTES: While APIT trades on the OTC market for the time being, the company is updating its financials and we expect this to be completed soon and it has a goal to attain an AMEX listing as soon as practicable.
At the same time the company's stock price and activity has increased as multiple market makers have joined in to quote the stock with increasingly tightening spreads of late. Most recently, APIT has been quotes with a spread of only about two cents or less.
Due to the relatively low number of shares outstanding, APIT stock can move a large percentage on even moderate volume. APIT has traded mostly between .30 and .40 for much of 2010, hence the reason the 50-day moving average is over .37 per share.
Most investors are not aware of what is going on with Aspire, and we believe we've truly uncovered a tremendous opportunity at an emerging early stage. This stock should be trading well into the dollars once investors fully realize the Company's asset value and progress!
Aspire International, Inc., through its Chinese subsidiary, Aspire GuangXi Inc., owns a 70% interest in the Na Wang Manganese Project in the GuangXi region of southern China.
A 43-101 report commissioned by Aspire, published by Canadian mining professionals (including lead geologist Duncan J. Bain B.Sc., P.Geo.), studied a small tract of the project about 1/20th of the land area:
The report concluded that this minute section of the entire resource is valued at approximately $200 million. If the remaining tracts are of comparable quality as consulting geologists already believe to be the case, then this would conclude that Aspire has a total reserve worth in excess of $1 billion according to the completed 43-101 feasibility study.
• China's appetite for Manganese - China is a net importer of Manganese and this growing deficit places Aspire in a uniquely advantageous position given the fact it already has a potential buyer for its entire maximum production, output and mine life with China having had to import 9.6 million tons of Manganese last year. China's insatiable demand for Iron Ore and Manganese continues unabated and Manganese is already considered a rare earth mineral with no US production.
• Prime Location in Area Rich in a Diversity of Metals - Located along China's border with Vietnam, the GuangXi region has more Tin, Manganese, Indium, base and precious metals and metal deposits than any other province of China. Since the Na Wang Project is the largest Manganese deposit in GuangXi, it has extensive local and regional government support that could lead to expansion of other projects.
• Valuation and Validation - The 43-101 report published by Canadian mining professionals including lead geologist Mr. Duncan J. Bain B.Sc., P.Geo., took in to consideration observations of exploration, development and mining activities over the five mineralized zones on the property.
APIT is believed to have a reserve worth in excess of $1 billion based on the 43-101-feasibility study.
• Excellent Facilities and Accommodative Infrastructure - The Na Wang Manganese Project consists of a mining area of 21.3 Square Kilometers (5.1 square miles) ideally suited to low cost open pit mining with easy access to a water source, a deepwater port, and electricity.
• Already in Production - Currently, the mine is producing 100 tonnes (110 U.S. tons) per day. By utilizing the more advanced western mining technology, APIT plans to ramp the capacity up to 500 tonnes (550 U.S. tons) per day by the middle of 2010.
• Consumption Increase and New Uses - Manganese consumption worldwide has been growing by 8% per year. Also, newly discovered applications for Manganese are constant with some having "green" implications.
About Aspire International, Inc.
Aspire International, Inc., through its Chinese subsidiary, Aspire GuangXi Inc., owns a 70% interest in the Na Wang Manganese Project in the GuangXi region of southern China.
It is a largely scalable project with reserves of 7.4 million metric tons at an average grade of 20% manganese. However, through secondary screening processes, the ore can average a net 38% - 40% yield or considerably higher for manganese.
The Na Wang property currently has a mining area of 21.3 sq km.
The Project lies near Na Wang Village, about 25 kilometers northwest of Fangcheng City, Guangxi Province. Located along China's border with Vietnam, the GuangXi region has more Tin, Manganese, Indium, base and precious metals and metal deposits than any other province of China.
Since the Na Wang Project is the largest Manganese deposit in GuangXi, it has extensive local and regional government support that could lead to expansion of other projects.
APIT plans to sell the Manganese from the Na Wang Manganese Project directly to alloy manufacturers and metal traders. In an effort to contain costs and utilize the most qualified individuals, APIT will outsource the mining labor and management.
The Na Wang Manganese Project contains a minimum of three mineralized zones and two sites of mine tailings, each of which has been assigned to a different mining contractor.
Each of these established, regional contractors has guaranteed APIT a minimum production level and has financial incentives to surpass them. This is part of APIT's strategy to subdivide its asset into multiple mining sites to attract individual contractor miners.
Aspire International APIT intends to build on its manganese foundations, applying its mining and acquisition expertise, to further develop its base metal mining activities in the nearby region, in particular, in the related field of Iron Ore mining and production, as well as exploration, acquisition, development and production of Gold, Silver and Copper.
While the initial emphasis on Manganese ore remains the primary source of cash flow, efforts will soon be increased to acquire additional cash flow driven projects in these related fields in which management already expressed considerable interest in exceptional acquisition targets under consideration, with an emphasis on China's most important needs over coming decades, with a population four times that of the USA. With China's Gold demand alone expected to double, the likelihood of Manganese and Iron Ore demand also doubling is a natural progression of continuing economic growth.
More about Manganese
Although even some of the most sophisticated investors may not have heard much of Manganese, its growing importance cannot be underestimated.
We understand how well other rare metals such as Rhodium and Zinc performed, and how Manganese is becoming the preferred alloy in much of steel production today.
Manganese is a brittle, hard gray-white metal that looks a lot like Iron and is present in practically everything made of steel and since nickel prices soared in the last decade Manganese use has increased exponentially as a lower cost alloy in many steels.
Manganese is also used in many everyday applications including dry cell batteries, (about 20 Billion per year), aluminum cans, (about 100 Billion per year), electronic circuits as well as fungicides and pesticides and although manganese may be fatal to a bug or fungus, it is vital to our good health as humans. The recommended intake of manganese is 2-5 mg per day.
The latest use of Manganese and its derivatives is seen as increasingly in demand for Hybrid vehicles ensuring usage will continue to rise.
Excerpts of reports and other supporting research illustrate a compelling case for the future of Manganese as an investment:
There is growing alarm among some analysts and commentators regarding the fact that America and Canada have no domestic mine operations in Manganese.
We have a Steel Industry that's as high tech and as capable as any to compete on the world stage, but still (since 1985) America must remain at the mercy of imported Manganese and mostly from not so friendly nations.
This is compounded by potential supply disruptions due to competition from developing countries such as China and Africa's electrical problems over the past few years, not accounting for the fact that China is already soliciting Manganese to make up for its huge shortfall in production of 9.6 Million tons per year. This implies that all locally produced Manganese in China is already sold out.
We constantly read of late how China controls 93% of Rare Earth production worldwide and all of the fears that this little detail encompasses. Well, how about the fact China controls approximately 97% of the world's supply of Electrolytic Manganese Metal (EMM). People need to wake up to the fact that Steel cannot be made for today's world without 15% of the Manganese for each ton of steel benefits, mainly for de-sulphurization and alleviating brittleness of many steel products, but increasing its flexibility, not to mention that Manganese is now replacing Nickel in many Stainless Steel products due to cost cutting factors.
Manganese is used in many forms and applications today and one of the latest is in Cathodes for Lithium-Ion batteries for Hybrid vehicles.
This is one reason that begs the question: Why are people so concerned with Lithium supplies, when little to nothing is being said about Manganese. Batteries use a form of Manganese: Electrolytic Manganese Dioxide (EMD) and both EMD & EMM must be supplied or produced from raw Manganese ore produced by outside Nations.
Over the past 6 years the annual demand growth rate for Electrolytic Manganese has been an astounding 26% per year, primarily due to the steel market and here we are almost totally dependent on China for all the Manganese Derivatives, EMM / EMD used by American industry.
Manganese has become so valuable in recent decades; the US Government lists it as a "Strategic Metal"
"On Jan. 7, 1987, Manganese was certified by the U.S. Dept. of State as a Strategic Mineral essential for the economy and defense of the United States that is unavailable in adequate quantities from reliable and domestic suppliers. The problem created by this unavailability is aggravated since there is no satisfactory substitute for Manganese among its major applications and it has itself now become a substitute in certain alloy applications due to new and innovative metallurgical discoveries."
• The U.S. Geological Survey also states: There are no substitutes for Manganese in its major applications - The manufacture of steel, steel alloys, non-steel alloys, batteries (alkaline), fertilizers and animal feed.
Just to add insult to injury, the U.S. Government ads a 14% Import Tax on EMM to compliment the 20% Export Tax China imposes.
That potentially places many businesses in the U.S. at a substantial disadvantage to China, when it comes to the wide uses of Manganese in our domestic industries.
Here are a few more pertinent statistics regarding Manganese (EMM / EMD):
• Manganese is the world's 4th largest traded metal behind Iron, Aluminum, and Copper.
• Manganese consumption worldwide is roughly 30 Billion Lbs per year.
• Electrolytic Manganese production has gone from 660 Million Lbs p/yr in 2002 to 2.6 Billion Lbs pa in 2008.
• S Africa has been facing extreme metal production decreases due to electrical power shortages.
• Worldwide Manganese demand has been growing by 8% per year. (Approximately 1.5 Billion lbs)
• Worldwide Demand for Electrolytic Manganese by Industry = 47% for Steel, 32% for Aluminum, 14% for Electronics, 7% for Chemicals with additional uses continually emanating from the high tech sector.
• Military applications for Manganese are huge but on the extreme side of the spectrum and yet are seldom mentioned much.
Breakthrough Discovery?
A recent process developed by Kyoto University in Japan to reproduce the photosynthesis process using Manganese Dioxide may be able to absorb very large quantities of Carbon Dioxide (CO2) emissions, improving our air quality.
If these Kyoto scientists are successful, one can only begin to imagine what excitement there will be from the Global Warming crew and media.
Manganese could very well play an historic part in our earth's green future. Rare Earth metals could become increasingly more important and are already an extremely important part of a new world in mineral uses and latest discoveries, but soon we will see Manganese become much further to the forefront of North American miners and media follow as it should.
Aspire International, Inc. (OTCPK: APIT) plans to significantly ramp up production for manganese at its mine in China this year.
We believe there is a tremendous appetite for purchase of manganese, and expect Aspire to attract favorable financing terms to increase production to over 500 tonnes per day by the end of 2010.
APIT is currently trading at a mere fraction of its potential. Most investors are unaware of its assets or the outlook for manganese.
The stock's recent pullback near the 2010 trading low to be an ideal entry point for our members.
The upside in the stock is staggering. In ground assets need to be dug up and processed: However, Aspire has control of claims that demonstrate serious value.
2011 PR
Aug 3, 2010 | 12:00 | Aspire Will Bring Financials and Filings Up to Date and be in Full Reporting Compliance With All Regulatory Authorities |
Apr 15, 2010 | 09:40 | Aspire International to Increase Production of Manganese |
Apr 6, 2010 | 10:00 | Aspire Signs MOU to Explore Mining Property in Cambodia |
Dec 9, 2008 | 08:00 | Aspire Announces the Professional Mining Report |
Nov 19, 2008 | 08:00 | Aspire Appointed a Group of Mining Professionals for Site Survey |
Nov 11, 2008 | 08:00 | Aspire Signs a Mining Subcontract Agreement |
Nov 4, 2008 | 08:00 | Aspire Builds China Management Team |
At the Company:
To-Hon Lam, Chief Technical Advisor
Aspire International, Inc.
18 Crown Steel Drive, Suite18
Markham, ON L3R9X8
Phone: (905) 943-9996
www.otcmarkets.com/pink/quote/quote.jsp
Daily Weekly
Chart is ready to rock @ .40
Volume starting to come in @ .40
International Manganese Institute - www.manganese.org/
Manganese Ferro HC Prices - metalprices.com/FreeSite/metals/mn/mn.asp#MoreCharts
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