Bottom Spankers

[Texan77]

http://ih.advfn.com/p.php?pid=nmona&article=40705550&symbol=FFGO

[Texan77]

FFGO Bid: 0.0001 Ask: 0.0002 Last: 0.0002 ($): 0.0001 Vol: 704,371,688

[Texan77]

HGLC .0001 with divi .0021 declar date comeing THUR feb5

[Texan77]

Fortress Financial G (OTC) (USOTC:FFGO)
Last Price (USD) $ 0.0002
Change ▲ 0.0001 (100.00%)
Bid 0.0001
Ask 0.0002
Volume 161,195,875
Day's Range 0.0001 - 0.0002
Click for Detailed Quote Page
Last Trade:15:52:02 EST Jan-23-09
swing!

[Texan77]

ffgo bid .0001 ask.0002

[momoore3]

Not much :)

[Howardhaftel]

HCPC live conference took place at 11 am on Oct 28th
Next look for a PR from WEHI expected today

[Howardhaftel]

Things to look for this week:

BLDV a PR announcing possibilities of several actions, including Merger, completion of Belize acquisition, uplisting and the slaughter of the shorts.

WEHI a PR announcing the merger is complete

HCPC live conference on tuesday at 11 am EST.

Happy investing.

[Texan77]

It looks like the clocks been ticking since April whats you rguestimate optomistic and pesimitic 2months to 6months? or closer for nasdq reverse merge? I cant get in for another month money not available so hope I have time but also would like to see it do well too.

[Texan77]

Howard sorry talking to myself

[Texan77]

It looks like the clocks been ticking since April whats you rguestimate optomistic and pesimitic 2months to 6months? or closer for nasdq reverse merge?

[Texan77]

Goats research not just rase as I see it. Yes agree.

[Howardhaftel]

Its a new government and they are honest. Belize is a home run. Texas A & M will do research there after they rebuild the buildings. That should be done within a year. They will raise Goats. They will raise the fuel for the biodiesel plant they will operate there. So much potential.

[Texan77]

I agree to many big players here chevron tx am congrssman swatzchof generals latin american presidents. I was eye balling beliz it used to be a tax haven not sure any more but sapose to be very stable no civil war crap thats what I herd.

[Howardhaftel]

They are waiting for the government to complete the land survey.
It may have been completed already, I don't know. Its a small country and they have limited resources and everything tames time. It will happen if it hasen't already.

[Texan77]

YES i READ EVERY LINK IN IBOX THE LAND IN BELIZ IS THAT DONE DEAL DO YOU KNOW ?the tx am conection thats huge tey run things around here and are very international big time endowment even have a nuclear reactor on campus huge univ.not to mention the militaryu conection .


No activity is more closely tied to our success than effectively gathering and disseminating intelligence. No reward should be greater than that given to those who provide essential information. art of war

[Howardhaftel]

Yes! BLDV is a really good investment in my opinion. Here is something to ponder.
They anticipate producing 70 million gallons of biodiesel fuel at full capacity. If they fill contracts at a discount say $2.50 per gallon and their profit is a conservative 25% thats $43,750,000 a year for just that one plant.
Divide 190,000,000 shares into $43,750,000 = $.23 per share.
Now pick a price earnings ratio and thats a good guess where the stock should sit within a year.
Add in the up list to the NASDAQ and other ventures and inside 2 to 3 years you are looking at a $10 stock All in my opinion.

[antman]

GOE.V is a bottom spanker I have been buying- it is trading around .05 cents ---

----GOE has just announced a new CEO named Tyrone Docherty-
He was CEO of Quinto mining which was recently bought by Consolidated Thompson for approximately $175 million-

---GOE has several gold properties in Nevada but plans to acquire more soon according to management-
-----------------


Here is the press release regarding the new CEO-


2008-10-15 12:22 ET - News Release

Mr. Walter Henry reports

GOLDEN ODYSSEY MINING NAMES TYRONE DOCHERTY AS PRESIDENT AND CEO

Golden Odyssey Mining Inc. has named Tyrone Docherty as its new president and chief executive officer and a director of the company. Mr. Docherty will be responsible for the day-to-day operations of the company, financing and project management.

Previously, Mr. Docherty was the president, CEO and a director of Quinto Mining Corp. Company since June, 1997. The market capitalization of Quinto at that time was approximately $4.5-million. Mr. Docherty was responsible for the day-to-day management of the company's affairs including, obtaining financings both public and private, acquiring various mineral properties, negotiating joint ventures and option agreements as well as overseeing the exploration programs. In June, 2008, the assets of Quinto Mining were sold to Consolidated Thompson Iron Mines for approximately $175-million. Consolidated Thompson is an advanced iron ore company in Quebec and is expected to start production of Quinto's property in October, 2009. Mr. Docherty raised approximately $30-million for Quinto Mining during the years he was president.

Mr. Docherty commented: "I am excited to join Golden Odyssey Mining at this time. Looking at all of the events that have transpired in the junior exploration market since the beginning of the year, it is a great opportunity to come on board at this time. Using my vast contacts in the industry, I've already identified a number of new projects that will increase the asset value of the company. I am confident that I have the necessary skills to lead Golden Odyssey Mining to a new level that will be of benefit to the current and future shareholders."

Michael Berns, chairman of Golden Odyssey Mining, stated: "We are delighted that Tyrone has joined us. We are looking forward to supporting his new leadership and vision as we pursue exciting, fresh opportunities in the gold, and other natural resource sectors. Following his leadership at Quinto Mining, we hope that Golden Odyssey will be his next success."

We seek Safe Harbor.

[Texan77]

THANKS i WAS UP ALL NIGHT READING ABOUT BLDV ITS A BEAUTY

[otcbargains]

HLXH is sitting on a bottom. Profitable and with small float.

[Howardhaftel]

Can't reply to PMs I am heavy into BLDV.

[Texan77]

yeup me too

[Howardhaftel]

The bastards in IHUB keep deleting my posts for no good reason.
I will be posting on Raging Bull and Yahoo where they can't do their dirty deeds. I would not pay to subscribe for such shabby treatment. I can't recommend a subscription to this rag to anyone.
They make the rules to suit themselves and what ever fits their mood. C ya all.

[Howardhaftel]

Blue Diamond Ventures to Acquire Majority Interest in Gulf Coast Biodiesel Production Plant

HOUSTON, TX -- (Marketwire) -- 10/14/08 -- Blue Diamond Ventures, Inc. (PINKSHEETS: BLDV), through its interest in Blue Diamond Ventures Biodiesel, LLC, has secured the right to acquire the majority interest in a biodiesel production plant and related port facilities in the Gulf Coast.

Included in the acquisition are rail, pipeline and millions of gallons of storage tank capacity.

Immediate sales in the United States and abroad are expected from the facility which, following expansion, will have an eventual production capacity of 70 million gallons per year.

"This acquisition represents a significant strategic growth opportunity for Blue Diamond Ventures, Inc.," said CEO John Quincey Moaning. "There is a projected increase for more biofuel consumption in the United States and abroad."

Moaning continued, "This, along with our vision of expanding the development and supply of non-food feed stocks used in the industry, makes the acquisition a logical next step as we assist America in breaking its dependency on foreign oil without threatening the world food supply."

Blue Diamond Ventures Biodiesel, LLC anticipates investing immediately in the facility's capability to use non-food feed stocks to produce biodiesel.

This production facility has a current capacity of a million gallons per month and will be an integral part of Blue Diamond Ventures, Inc.'s overall biodiesel portfolio for sales in the United States and abroad. Blue Diamond Ventures, Inc. continues to negotiate the rights to acquire marginal land in Central America and Africa for the development of biodiesel production plants, as well as non-food feed stock.

As soon as Lands Registry procedures are completed, Blue Diamond Ventures, Inc. and the Government of Belize anticipate finalizing a purchase agreement of land in the Stann Creek District of Belize. The site will serve as headquarters for the company's biofuels and research and development operations in Belize.

Certain information included in this press release may be deemed to be "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included in this press release, are forward-looking statements. Any forward-looking statements are not guarantees of Blue Diamond Venture, Inc.'s future performance and are subject to risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those contemplated by such forward-looking statements. Blue Diamond Venture, Inc. disclaims any duty to update any forward-looking statements.

Some of the factors that may cause Blue Diamond Venture, Inc.'s actual results, developments and business decisions to differ materially from those contemplated by such forward-looking statements include the following:

-- Changes in or elimination of laws, tariffs, trade or other controls or
enforcement practices such as:
-- International, national, state or local energy policy;
-- Federal and state biofuel (including biodiesel) tax incentives;
-- Regulation currently proposed and/or under consideration which may
increase the existing renewable fuel standard and other legislation
mandating the usage of biofuels (including biodiesel);
-- State and federal regulation restricting or banning the use of Methyl
Tertiary Butyl Ether;
-- Environmental laws and regulations applicable to Aventine's operations
and the enforcement thereof;
-- Changes in weather and general economic conditions;
-- Overcapacity within the biofuel (including biodiesel) and petroleum
refining industries;
-- Total United States consumption of gasoline;
-- Availability and costs of products and raw materials, particularly
feedstocks, methanol and natural gas;
-- Labor relations;
-- Fluctuations in petroleum prices;
-- The impact on margins from a change in the relationship between prices
received from the sale of co-products and the price paid for feedstocks;
-- Blue Diamond Venture, Inc.'s or its employees' failure to comply with
applicable laws and regulations;
-- Blue Diamond Venture, Inc.'s ability to generate free cash flow to
invest in its business and service any indebtedness;
-- Limitations and restrictions contained in the instruments and
agreements governing Blue Diamond Venture, Inc.'s indebtedness;
-- Blue Diamond Venture, Inc.'s ability to raise additional capital and
secure additional financing, and our ability to service such debt, if
obtained;
-- Blue Diamond Venture, Inc.'s ability to retain key employees;
-- Liability resulting from actual or potential future litigation;
-- Competition;
-- Plant shutdowns or disruptions at our plant or plants whose products
we market;
-- Availability of rail cars and barges;
-- Potential decreases in marketing alliance volumes resulting from the
acquisition of marketing alliance partners by our competitors, the
reduction of production capacity or abandonment of announced projects by
marketing alliance partners for economic reasons, the creation of similar
marketing alliances by our competitors and other failures to renew
marketing alliance contracts;
-- Our ability to complete our biodiesel plant(s) construction and
expansion projects in a timely manner and at the expected cost;
-- Our ability to receive and/or renew permits to construct and/or
commence operations of our proposed capacity additions in a timely manner,
or at all; and
-- Fluctuations in earnings resulting from increases or decreases in the
value of biodiesel inventory


CONTACT:

Blue Diamond Ventures, Inc.

John Moaning

CEO

[phone]

[EarnestDD]

Does it make up for all the other picks?

[roger wilco]

funny that bottom spanker pick ANVH up over 100% today....

[EarnestDD]

Wow .. all of the Bottom Spanker picks are down Big.

[Texan77]

ffgo
Posted by: fortresssfacts Date: Tuesday, October 07, 2008 2:43:24 AM
In reply to: Stock Star who wrote msg# 60126 Post # of 60150

Who knows? You may be right.If Uranium Reverse deal fails or Stock Dividend confirmations fail to move the PPS, then we all lose. Except we get the Dividend. Which you all believe is worthless. What can we say?



www.janiceshell.com LOL vampire LOL

[Texan77]

Posted by: bobbybdb Date: Saturday, October 04, 2008 7:55:00 PM
In reply to: pontalba who wrote msg# 59876 Post # of 59891

pontalba,ONE could not naked short FFGO or any position by NSS or any other way if you are a resident of the USA and the PPS is under $4.00.

However the offshore hedge funds have a field day with our shares, they are NSS ed by the trillions, sell what they never owned, then hire folks to degrade the stock until it goes out of business, and they never pay back one dime of the money they received on the sale.

What is even sweetens the deal more in this scenario, is the FACT that it is All TAX FREE.

Offshore hedges as well as MM's in this country have had the SEC blessing to rip off the American people since 1929, now it all comes to roost. Mark my words, Cox will be gone shortly.

The straight forward way I answered your concerns I will give this post 10 minutes before being deleated.Max.

Further info can be obtained by a little DD on your part, start with the many articles by Dr. Patrick Byrne.

[janice shell]

Yep. Did you read those 8-Ks? BAD news.

[Texan77]

janice shell all over ffgo tonight

[Texan77]

FFGO Posted by: rayman3399 Date: Monday, September 29, 2008 4:09:15 PM
In reply to: None Post # of 58677

FFGO Update from Dick G. from Financial Insights.

The TA is waiting to process the documents from one out of the three 1.5 billion share holders (I guess they don't have all the info yet). They have the info to cancel 3 billion shares and are processing this last 1.5 billion.

[Texan77]

oh yea was atFFGO no bid the other day too Scarry stuff shake shake

[Texan77]

morning FFGO still waiting 4.5bil signing bonuses to be canceled, divi date record Spank!!!!!!!!.0231 acumulating hglc ,ffgo is, possible future cash divi after new company divi. Yes you got it right 3 divis promised. I know too good to be true SPANK!!!!!!it.

[Howardhaftel]

A new study shows tomatoes are a cure for prostate cancer:

http://img.dailymail.co.uk/i/pix/2007/11_03/girlsgirlsDM1811_468x587.jpg My tomato crop!!!!!!!!!!

[Howardhaftel]

Press Release Source: Empire Energy Corporation International

Drilling Starts at Bellevue #1 in Search for Oil, Gas, Coal Bed Methane and Helium in Tasmania
Thursday September 18, 4:34 pm ET

LEAWOOD, Kan.--(BUSINESS WIRE)--Empire Energy Corporation International (OTCBB: EEGC - News) today announced that a contractor for its Australian subsidiary, Great South Land Minerals, Ltd. (GSLM), began drilling the 1,150 foot (350 meter) deep top hole for an oil and gas well on September 17 at the Bellevue #1 site in central Tasmania. Government permission was granted last week, equipment is on site and drilling is underway now. The Hunt Energy oil and gas drilling rig #3 is in Tasmania ready to move to the Bellevue #1 well site and it is planned to set up and begin deep drilling to 9,200 feet (2,800 meters) as soon as the top open hole is completed.

ADVERTISEMENT
GSLM spudded the 1,150 foot (350 meter) Bellevue #1 17.5 inch top hole on September 16 using an open hole percussion compressed air hammer exploration rig provided by local Tasmanian company, Spaulding Drillers, to penetrate the hard diabase (dolerite) Domal Cap rock. Spaulding has previously pre-collared, cased and cemented 5000psi API rated 4.5 inch pipe to which blow out preventers were attached in seven stratigraphic holes within the Tasmanian Basin.

On the Bellevue #1 well site, Spaulding has now drilled a 12 inch hole and put in a 10 inch conductor pipe to 50 feet (15 meters) and is now drilling an 8.5 inch pilot hole to about 1,150 feet (350 meters) which will be reamed to 17.5 inches. The Hunt rig will then install and cement 13.5 inch casing to which they will nipple up and test the Blow Out Preventers (BOP). Hunt will then drill a 12.5 inch hole to 5,400 feet (1,650 meters) testing the full section of the late Carboniferous, Permian and Triassic sections and run wireline logs and Drill Stem Tests (DST). Next they will run and cement 9.63 inch intermediate casing, drill ahead an 8.5 inch production hole to 9,200 feet (2,800 meters) and run wire line logs and DST on the open hole. Based on test results, GSLM will either case and suspend, plug and abandon or produce the well.

Bellevue #1 will be GSLM’s eighth well but its first conventional petroleum well drilled on a seismically defined structure which has also been defined by our recent gravity survey and is clearly defined in our gravity database.

Empire Chief Geologist and Chairman Dr. Clive Burrett said, “Our recently completed Bellevue #1 site is geologically and logistically very good and is at the overlap of three of the seismic lines, BZ, BQ and TB, that define the closure of the huge Bellevue Anticline (dome). We have now spudded into the Jurassic dolerite which provides a thick and effective regional seal. Under the dolerite, it is anticipated that we will intersect eight potential reservoir formations. These include Triassic and Permian freshwater sandstones and associated coal measures which are closely analogous to producing reservoirs in the Cooper Basin (Australia) and in the South Oman Basin (Oman). The Triassic is expected at about 500-600 meters depth and the Permian Liffey group is expected at about 1,000-1,200 meters depth. We plan to carry out flow tests on the coal and sands for oil, gas and coal bed methane. Beneath the Permian sands we expect 150 meters of Early Permian Quamby Mudstone at a depth of around 1,200 to 1,400 meters that is similar to the Sprayberry Formation in West Texas. We expect the Quamby Formation to contain the Tasmanite Oil Shale at a depth of around 1,300-1,400 meters which is the world standard for Type 1 kerogen and one of the richest oil source rocks in the world. Based on geochemical data, government geologists have calculated that the Tasmanite Oil Shale and the Quamby Formation could have generated 9.5 barrels per square meter of basin area or over 150 billion barrels of oil over the whole Tasmania Basin. Even if only 1% of this has been trapped and is recoverable, we still have a very significant prospective resource of over 1 billion barrels. Unconformably beneath this Permian section, at about 1,800 meters, we have potential reservoirs and seals in the Siluro-Devonian Eldon Group which group is analogous to similar sequences in the Appalachians. At about 2,700 meters, we expect to test the Gordon Limestone, which is analogous to producing reservoirs in the Amadeus Basin in central Australia, the Trenton and Viola Formations of the USA and the Ordovician limestones of the Tarim Basin (China). After drilling, mud logging, flow testing and wireline logging is finished, we plan a borehole seismic survey which will, for the first time, give us accurate velocity information for the Early Paleozoic sequence and provide an ideal seismic trace at the well-bore to correlate with the surface seismic. This new data will be very helpful for our ongoing seismic exploration in Tasmania. Work on permitting and engineering planning for our next well, Thunderbolt #1, which is also on a huge, independently verified, seismically, geologically and geophysically defined anticlinal (dome) structure, is complete and has been submitted for approval.”

Empire has recently received a loan of AUD$5 million from Hong Kong-based Smart Win International Limited that is guaranteed by CEO Malcolm Bendall. Empire is currently negotiating a joint venture agreement with Smart Win which could provide cancellation of the loan as part of AUD$45 million in funding relating to development of its license area.

Malcolm Bendall, founder and CEO of Empire and GSLM, stated, “I have been looking forward to testing the oil, gas and coal bed methane potential of the previously untested Tasmania Basin for 30 years. We will be watching the progress of the drilling and testing closely to gather all the information possible to improve our database and improve our future drilling chances of success. Based on 30 years of studies, we believe this well has a great chance of success. We may potentially discover gas to fill the existing Bass Strait pipeline built by Duke Energy and provide east Australia and Tasmania with a new source of oil and gas.

“We plan also to travel to Hong Kong soon to complete negotiations and sign off on the joint venture agreement with Smart Win that will potentially allow us to continue nonstop drilling of the other sites we have identified in the area. We have submitted permit applications for our Thunderbolt #1 well and intend to start site preparation and pre-collar drilling as soon as we have government permission, which we expect to receive soon enough to move the Spaulding rig directly from Bellevue #1 to Thunderbolt #1. We have significant preparatory work underway on other sites as well and have submitted an application for an additional Special Exploration License to explore areas we believe to be prospective for coal bed methane in central and eastern Tasmania. We believe Bellevue may be prospective for coal bed methane as well.”

Empire Energy is an international oil and gas exploration company, focusing on developing assets in one of the world's last virgin basins and to become a leading low-cost finder of hydrocarbons. The Company is currently operating in Tasmania's central and northern basins.

This press release contains forward-looking statements based on our current expectations about our company and our industry. You can identify these forward-looking statements when you see us using the words such as "expect," "anticipate," "estimate," "believes," "plans" and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of our ability to complete required financings and other preconditions to the completion of the transactions described herein and Empire's ability to successfully acquire reserves and produce its resources among other issues. We undertake no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements. For a more detailed discussion of risks and other factors related to Empire Energy Corporation Int'l, please refer to its 10-KSB and 10 Q reports filed with the U.S. Securities and Exchange Commission.


Contact:

Empire Energy
John Garrison, 877-663-2310
President
or
Eisenberg Communications
Rick Eisenberg, 212-496-6828

Source: Empire Energy Corporation International

[ThePennyGuru]

Somebody is going to jail-


Statements of SEC Chairman Christopher Cox and Enforcement Division Director Linda Thomsen Regarding Immediate Commission Actions to Combat Market Manipulation
FOR IMMEDIATE RELEASE
2008-209
Washington, D.C., Sept. 17, 2008 — Securities and Exchange Commission Chairman Christopher Cox and SEC Enforcement Division Director Linda Chatman Thomsen issued the following statements today concerning ongoing and forthcoming Commission actions to investigate fraud and manipulation in the nation's securities markets:

"Millions of investors entrust their savings to our securities markets because they can be confident that our markets are orderly, liquid, efficient, and rational," said Chairman Cox. "The turmoil in today's markets, particularly in the financial sector, is challenging that assumption for ordinary Americans. Markets are the best tool a free society has to price and allocate assets across a complex economy, but as is well known from experience, sometimes the wisdom of crowds is supplanted by crowd behavior. We need well-functioning markets to help us draw the line between reasonable miscalculation and error or something worse involving the failure of due diligence, self-dealing, and conflicts of interest. It is thus vitally important that the market mechanism continue to inspire investor confidence.

"In order to ensure that hidden manipulation, illegal naked short selling, or illegitimate trading tactics do not drive market behavior and undermine confidence, the SEC today took several actions to address short selling abuses," Chairman Cox continued. "In addition to these initiatives, which will take effect at 12:01 a.m. ET on Thursday, I am asking the Commission to consider on an emergency basis a new disclosure rule that will require hedge funds and other large investors to disclose their short positions. Prepared by the staffs of the Division of Investment Management and the Division of Corporation Finance, the new rule will be designed to ensure transparency in short selling. Managers with more than $100 million invested in securities would be required to promptly begin public reporting of their daily short positions. The managers currently report their long positions to the SEC."

Chairman Cox continued, "Director Thomsen and the Division of Enforcement will also expand their ongoing investigations by undertaking a series of additional enforcement measures against market manipulation. The Enforcement Division will obtain disclosure from significant hedge funds and other institutional traders of their past trading positions in specific securities. Those institutions will also be required immediately to secure all of their communication records in anticipation of subpoenas for these records."

SEC Director of Enforcement Linda Chatman Thomsen said, "The Enforcement Division has been investigating and will continue to investigate any suggestion of manipulative trading. We are committed to using every weapon in our arsenal to combat market manipulation that threatens investors and capital markets."

The Commission is actively considering additional actions as appropriate.

# # #



http://www.sec.gov/news/press/2008/2008-209.htm



--------------------------------------------------------------------------------
Home | Previous Page Modified: 09/17/2008

[Howardhaftel]

SEC Issues New Rules to Protect Investors Against Naked Short Selling Abuses
FOR IMMEDIATE RELEASE
2008-204

Washington, D.C., Sept. 17, 2008 — The Securities and Exchange Commission today took several coordinated actions to strengthen investor protections against “naked” short selling. The Commission’s actions will apply to the securities of all public companies, including all companies in the financial sector. The actions are effective at 12:01 a.m. ET on Thursday, Sept. 18, 2008.

“These several actions today make it crystal clear that the SEC has zero tolerance for abusive naked short selling,” said SEC Chairman Christopher Cox. “The Enforcement Division, the Office of Compliance Inspections and Examinations, and the Division of Trading and Markets will now have these weapons in their arsenal in their continuing battle to stop unlawful manipulation.”

In an ordinary short sale, the short seller borrows a stock and sells it, with the understanding that the loan must be repaid by buying the stock in the market (hopefully at a lower price). But in an abusive naked short transaction, the seller doesn't actually borrow the stock, and fails to deliver it to the buyer. For this reason, naked shorting can allow manipulators to force prices down far lower than would be possible in legitimate short-selling conditions.

Today’s Commission actions, which are the result of formal rulemaking under the Administrative Procedure Act, go beyond its previously issued emergency order, which was limited to the securities of financial firms with access to the Federal Reserve’s Primary Dealer Credit Facility. Because the agency's exercise of its emergency authority is limited to 30 days, the previous order under Section 12(k)(2) of the Securities Exchange Act of 1934 expired on Aug. 12, 2008.

The Commission’s actions were as follows:

Hard T+3 Close-Out Requirement; Penalties for Violation Include Prohibition of Further Short Sales, Mandatory Pre-Borrow

The Commission adopted, on an interim final basis, a new rule requiring that short sellers and their broker-dealers deliver securities by the close of business on the settlement date (three days after the sale transaction date, or T+3) and imposing penalties for failure to do so.

If a short sale violates this close out requirement, then any broker-dealer acting on the short seller’s behalf will be prohibited from further short sales in the same security unless the shares are not only located but also pre-borrowed. The prohibition on the broker-dealer’s activity applies not only to short sales for the particular naked short seller, but to all short sales for any customer.

Although the rule will be effective immediately, the Commission is seeking comment during a period of 30 days on all aspects of the rule. The Commission expects to follow further rulemaking procedures at the expiration of the comment period.

Exception for Market Makers from Short Selling Close-Out Provisions in Reg SHO Repealed

The Commission approved a final rule to eliminate the options market maker exception from the close-out requirement of Rule 203(b)(3) in Regulation SHO. This rule change also becomes effective five days after publication in the Federal Register.

As a result, options market makers will be treated in the same way as all other market participants, and required to abide by the hard T+3 closeout requirements that effectively ban naked short selling.

Rule 10b-21 Short Selling Anti-Fraud Rule

The Commission adopted Rule 10b-21, which expressly targets fraudulent short selling transactions. The new rule covers short sellers who deceive broker-dealers or any other market participants. Specifically, the new rule makes clear that those who lie about their intention or ability to deliver securities in time for settlement are violating the law when they fail to deliver. This new rule is effective immediately.

[ThePennyGuru]

Naked shorting done- Bashers get out your toilet paper.
http://www.sec.gov/news/press/2008/2008-204.htm

[RichAndPoor]

Anybody know of a good penny and OTC stock screener?

[RichAndPoor]

SPANK IT SPANK IT

[DayofReckoning]

INCL NEWS, more coming
iN Control Security Partners With AT&T and Xanboo to Sell Most Comprehensive Security Package in the Industry
Tuesday September 16, 8:30 am ET

BALTIMORE, MD--(MARKET WIRE)--Sep 16, 2008 -- iN Control Security (iCS) (Other OTC:INCL.PK - News) announced today that the company has signed a partnership agreement with AT&T Remote Monitoring powered by Xanboo technology to sell the most comprehensive home and business security program available on the market today.

ADVERTISEMENT
Xanboo provides an end-to-end technology platform that enables access and control of devices locally via a TV or PC and remotely over the Internet via a mobile phone or PC. Using Xanboo patented technology to connect from remote locations to a gateway in the home and or business, users control and monitor devices from anywhere in the world via a standard web interface. The unique value of this technology is that it can watch yachts, boats, vacation homes, etc. through cellular technology -- no Internet connection needed.

Jeff Wiebell, CEO of iN Control Security, states, "The industry has been waiting for something cost-effective, secure and remotely accessed and this is it. The AT&T/Xanboo system will enable us to offer a wide range of previously unavailable services to our customers. AT&T/Xanboo's technology is easy to buy and simple to set up. Once paired with iN Control's equipment and expertise, I believe this will prove to be a worthwhile partnership."

iN Control Security has been developing a security product delivery strategy with several US and international companies that will revolutionize how security projects are quoted, delivered and installed.

Wiebell adds, "Not only am I the CEO of iN Control Security, I've also been a client of AT&T / Xanboo Technology for three years. I've been in the security industry for many years and THIS is the product line I trust to secure my home, family and business."

Please visit us on the web at www.incontrolsecurity.com. (Please pardon our dust as the majority of the website is still under construction. However, the website is equipped today for you to purchase AT&T/Xanboo products.)

About iN Control Security (iCS)

iCS is a global systems builder and distributor of electronic security products which include Smart CCTV, Biometric Access Control, Wireless Intrusion Detection and Advanced Weapons Detection. Being the largest supplier of IQSIS (Intelligent, Quick, Secure Integrated Systems) to the Do-It-Yourself commercial and residential markets, iCS assures return on security system investments. Client security projects are less expensive, provide more coverage and are installed in just hours, not weeks.

The iCS Business Partner Program allows local security companies to capitalize on the company's vast process experience and deliver "Best in Class" electronic security systems to clients using the Titan iQuote System. And with direct warehouse access to over 3,800 products, the iCS EASY ORDER website brings a comprehensive security store providing anywhere-anytime shipping from two QUICK TURN 24-7 warehouses located in Los Angeles and Miami.

In short, iCS focuses on DIY and Quick Deploy Security Technologies. Headquartered in Baltimore, each iCS executive team member has a minimum of 18 years experience in security product design, manufacturing, systems integration and installation in commercial, government, military and residential markets. The firm's clear and simple mission is to deliver, service and support the best security technologies at the lowest cost. iCS puts the security buyer "iN Control."

Cautionary note: This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.


Contact:

Contacts:
M & M Investor Relations
Dominic Martinez
866-508-2092
http://www.mandminvestorrelations.com
[e-mail]
[e-mail]

[Howardhaftel]

HCPCs Ed and Carol Johnson have been indited on fraud charges.

[ThePennyGuru]

SEC to act on abusive short selling-by THIS WEEK

SEC to act on abusive short selling:
source
By Rachelle Younglai
Mon Sep 15, 2:36 AM ET

WASHINGTON (Reuters) -

U.S. Securities regulators plan to take action on abusive short selling of stock before the end of the week, a source briefed on the matter said on Monday.

The measures came as Lehman Brothers Holdings Inc (LEH.N) filed for bankruptcy protection, intensifying concerns that other major financial stocks would accelerate their losses.

The Securities and Exchange Commission will likely adopt proposals to strengthen its short-selling rule, including one that deems it fraudulent for customers to deceive broker-dealers about their intention or ability to deliver securities in time for settlement.

The SEC will also move forward with a plan that would shorten the time in which traders must buy back stock if they fail to deliver a security by the settlement date.

But the SEC will not reinstate and broaden a temporary emergency rule that required traders to preborrow stock before executing a short sale.

Two months ago, regulators were faced with similar market turmoil when IndyMac bank was seized by regulators and investors were concerned that Lehman and mortgage finance giants Fannie Mae (FNM.N) and Freddie Mac (FRE.N) were veering towards insolvency.

At the time, the SEC announced plans to crack down on rumor-mongering and issued an emergency rule aimed at curbing illegal naked short selling in 19 major finance stocks, including Lehman, Freddie and Fannie.

A "naked" short sale occurs when an investor sells stock that has not yet been borrowed.

Broker-dealers will sometimes accidentally fail to deliver stock to investors who have arranged to borrow it. If this is done intentionally, it is illegal.

That rule proved to be controversial, however. Broker-dealers said the requirement was onerous, companies whose stock was not on the SEC's list wanted the same protections, and short sellers complained about being targeted.

When the emergency order ended in mid-August, the SEC set about crafting rules -- which it had been expected to adopt late in September -- to be applied to all stocks.

Mortgage giants Fannie and Freddie have since been taken over by the government. Lehman has been forced to file for bankruptcy after failing to find a buyer.

(Editing by Quentin Bryar)

Link: http://news.yahoo.com/s/nm/20080915/bs_nm/sec_shortselling_dc;_ylt=At99fRATam8Umkx81hAWp5bgtY54

[Texan77]

FFGO DIVI DATE ? 70MIL VOL LOW LOW os 31 SOON TO BE 27BIL

[Texan77]

ON BATTERIES ike KICKING ASS HERE

[Cashinfist]

ANVH

WEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!

[ThePennyGuru]

ANVH rocking Picked at .03 on this board.

[momoore3]

The news keeps getting better. Good Morning Spankers.

[Howardhaftel]

Hunt Energy Drill Rig Arrives in Tasmania to Drill Bellevue #1 in Search for Oil, Gas and Helium

9/11/2008 8:00:09 AMLEAWOOD, Kan., Empire Energy Corporation International (EEGC) and its Australian subsidiary Great South Land Minerals today announced that the Hunt Energy Rig Number 3 has arrived in Tasmania, is stored in northern Tasmania and will be moving shortly to the Bellevue #1 site in the center of Tasmania. Local drilling company Spauldings has been mobilised and plans to begin drilling of the 350m (1150 feet) top hole on the 17th of September. Empire CEO and founder Malcolm Bendall reports, "We have completed extensive drill site (lease) preparations, connected to a water supply, drilled, blasted and removed surface rock and established access to two existing roads. Once the top hole is drilled we plan to move the Hunt Energy Rig Number 3 to Bellevue to complete drilling to a planned depth of 2800m (9180 feet). Photographs of our recent operations have been placed on our website. We are preparing applications for another two drill sites on the huge Bellevue structure and will also be submitting applications to regulatory authorities to drill another very large structure at Thunderbolt, 50 km (31 miles) south of Bellevue."

Empire's Chairman and Chief Geologist Dr. Clive Burrett added, "The Thunderbolt Anticline is a very large structure and was one of our preferred sites even before the structure was confirmed by our seismic data in 2006 and 2007. We expect to intersect coals at 800m (2625 feet) and 1250m (4100 feet) and potential reservoirs in sandstones at 550m (1800 feet) and 1270m (4165 feet) and in limestones at 1800m (5900 feet), 2100m (6888 feet) and 2600m (8528 feet). The sandstones are similar in age and type to producing reservoirs in Oman and in the Cooper Basin (Australia) and the limestones are similar to producing reservoirs in the USA (such as the Viola and Trenton Formations) and in the Tarim Basin of China. All these formations will be fully evaluated for hydrocarbons and helium by mudlogging, wireline logging and drill stem testing." Mr. Bendall continued, "These will be our first holes in what we expect to be a multi-well program testing the petroleum potential of the whole Tasmania Basin.

In order to finance this program we are working to complete an AUD $45 million joint venture agreement with Hong Kong based Smart Win International Limited. Smart Win has already provided a loan of AUD $5 million which allowed us to start operations at Bellevue."