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Why we're all going to be ordering take out and paying in Chinese currency
From my Blog
http://coffeedrunks.wordpress.com/2011/10/19/why-were-all-going-to-be-eating-mushu-pork-for-dinner-soon/
Just the FACTS Please… Europe needs a Bailout… But Where is it going to come from? BREAKDOWN: How much does Greece owe to other European economies? Answer: $367 billion, How much does Ireland owe other European Economies? Answer: $865 billion… Spain and Italy owe the European Communities (mainly France Britain and Germany) $1 trillion dollars each…! Spain owes Italy $41 BILLION dollars… Italy owes Spain 27 Billion Dollars… but they DON’T HAVE IT! Where’s the BAILOUT COMING FROM? Portugal owes Germany so much money that they’re going to be speaking Deutch by this time next year! So… The people are selling the Euro like wildfire to buy the US Dollar RIGHT…? (right) Why is the US Dollar So Strong? BECAUSE IT’S OWED BY CHINA!!! Looks like The European Union needs to call China… YIKES!!!!! https://www.facebook.com/photo.php?v=10150860012110261
EXTO, EMXC and ALCL three current stocks that are all excellent entries as of this moment IMHO
ALCL will move hard tomorrow IMHO .0305x.033 now
EXTO awaiting OTC updates and just holding on logistical Technicalities and red tape... (almost all done) .009x.0095 now
EMXC This one could be the biggest winner of 2011... Huge Table pounding buy under .002 .0013x.0014 now
Quinn
$ALCL Bottom play & a double in the making here .03 x .033
Vert has moved away and selling seems done... Major bounce coming with rumors of news imminent
RADAR ASAP
$EXTO and $EMXC Both are going to be BMG's for shareholders from these levels
Big Money Generators
$EXTO - About done consolidating at the .01's
$EMXC - I Expect a very fast and very dramatic move to the north this week...
High ALERT's for EMXC and EXTO
EXTO awaiting imminent current status from OTC Markets... when that happens I think this one goes to a nickle fast...
800 million AS! Just reduced... no dillution and shares have been gobbled up at every hitch and turn...
Now, Lot's of behind the scenes chatter about this one finally coming into its own... recent TA issues have made this a trade per trade ticker and that means it's been taking a LONG while to fill... What I love about this being Trade for Trade is that it truly shows HOW hard core the base of shareholders real is in the EMXC Longs...
This one won't fail to dazzle everyone here...
EMXC New Offices Mentioned in letter last week from company...
http://www.emaxworldwide.com/?q=node/41
Orlando Florida September 9, 2011 -
"eMax has opened new offices at Orlando's Universal Studios Florida Production Group Complex."
Here's a PDF of the facilities... Looks top notch
http://www.in8investor.com/web-storage/webstorage5/UniversalStudiosOffices.pdf
$EXTO just tried to buy the offer for a measly 82K and they had to partial fill me!!! We're going way higher
Quinn
$EMXC I'm accumulating again here... Shares are uber tight. I expect a move to the mid .005's near term
$EXTO Watching for pinksheets to be updated here very soon and a move over the .02 mark
$EXTO Going current this week...
The updates should post within the next three to five business days within the OTCmarkets.com database removing the company from Caveat Emptor status.
http://finance.yahoo.com/news/Exit-Only-Inc-Bayport-iw-2701704410.html?x=0
$EXTO - "Bell Buy" first thing tomorrow morning... Accumulating for a move towards a 50 cents
Quinn
More DD on Major retailers selling Music online other than through iTunes
iTunes Alternatives piece
http://www.zdnet.com/blog/bott/itunes-alternatives-how-do-amazon-and-other-digital-music-services-compare/2750
Walmart The big daddy selling digital music
http://mp3.walmart.com/store/home
Oh Target too
http://www.target.com/s/digital-music
Did I mention that we have deals inked with Best Buy Via EGI???
http://www.bestbuy.com/site/iPod-MP3-Players/Digital-Music/abcat0201005.c?id=abcat0201005
AMAZON? Yup! They do it too both Online and they're the largest competitor of the big box stores in the retail arena
http://www.amazon.com/s/ref=amb_link_354992282_1?ie=UTF8&bbn=163856011&rh=n%3A163856011%2Cp_n_feature_browse-bin%3A625151011&page=1&pf_rd_m=ATVPDKIKX0DER&pf_rd_s=center-1&pf_rd_r=1TZQ8F1MTWC4J7FPAXCZ&pf_rd_t=101&pf_rd_p=1310138802&pf_rd_i=163856011
ABOUT EGI
Entertainment Group International C.O.O. is Denny Diante.
www.egilabel.com
Mr. Diante has sold over 140 million records in his tenure and career that has spanned over 30 years. He began his illustrious music career began in the 60's and 70's. He is listed in the top one hundred producers of all time according to Billboard Magazine. He has 37 Gold and Platinum records as well as 16 Grammy nominations and 5 Grammy awards. He has an Academy Award nomination, Golden Globe Award and last year won a Telly Award for Partners In Rhyme.
He has run 5 of the largest major labels in entertainment business. He was Vice President of United Artists, CBS Songs, Columbia Records and MCA for a span of over 30 years as well as founding Pipeline Music, the world's largest classical music library acquisition. Last year he created the Telly Award winning DVD and CD set Partners in Rhyme. This past year he founded Jukebox Music Productions LLC., creating and producing the "Pass it On" trilogy project celebrating Buddy Holly, Ritchie Valens and the Big Bopper by filming and recording the greatest modern day artists performing the legendary hits as they pass on the music legacy to the next generation. He has literally done it all from running the largest labels to producing iconic hits with the legends. As the C.O.O. of EGI he brings his track record of success and relationships building his own brand of content and distribution worldwide, just as he helped build MCA.
$EXTO I just got off the phone with Lou Porter. The head of Bayport and the man that we have been in touch with now about this little gem of a company $EXTO
I'm not sure where some of these posters are getting that he said there would be 200K per day... As Per LOU THAT IS NOT THE CASE Not only is it NOT the case but He said Quite the Opposite of what some people are saying on here... He thinks there is actually MORE than the assays indicate...
THEY ARE LYING TO YOU ON THESE BOARDS
Lou distinctly said, and he repeated himself twice to me because I asked him to do so... that he Not only AGREES with the amount of gold in the Assays , as he mentioned he went up there with them himself to double check them but he, IN FACT, thinks there is MORE gold in the ground then they stated in the PR.
MORE than what they PR'd! Yes, This man is very excited about every single part of this business
These are the Pink Sheets guys so Beware the many folks who would have you believe otherwise. Lou is a man of experienced years and is incredibly friendly and holds strong to his morals and values and most importantly he made SURE that I understood this:
"He is a Man of his WORD"
The only thing that he couldn't be 100% sure of is the $600.00 per ounce it would cost to mine it. It could actually be less than that, dependant on the process, whether it be through the use of chemicals, water etc. But that the 600 figure was a good estimate.
I completely understand that as they are going to have to assess the mining as they get to it and this could change daily, utilizing multiple processes at once... Do some Due Diligence and see how many different ways there are to mine gold. it's really interesting
It really bothers me when we get people posting on these boards that post flat out lies about our company.
I won't even get into the potential we discussed about the Rare Earth Minerals that are in the ground there! Some of them are worth twice as much as Gold!
Lou also reiterated to me that WHY would there be a $50 million in financing from New York if there was not an enormous amount of Value on this one property alone... for the mining of the Rare Earth items
Finally after speaking with him today I am under the impression that We will be calling ourselves by a WHOLE NEW NAME very very soon
And By all means Call him yourself as some folks would say here (assuming you wouldn't) The answering maching picked up for about 10 seconds and after that He picked up the phone himself on a FRIDAY EVENING saying "This is Lou" I like this mans style
Lou Porter 702-629-6312
I'm expecting enormous results from EMXC when financials hit you will see a similar dollar Value in their Music Library and more
The share structure will actually be even LESS than EXTO's I believe upon completion of the buyback
Quinn
EXTO still has alot of room to run IMO. I have been watching EMXC since .0007s area havent jumped in but for a trade~
Hey buddy nope you're right They weren't fitting into those geranimals anymroe were they Low and behold we see a star is born in EXTO
NEXT UP? EMXC
Both will be monster movers from their current prices
Quinn
EXTO was just not sub puenny :)
$EMXC & $EXTO Calling these to be multi penny runners as of Thursday 8.18.2011... Mark this
I think we've got much more to come on both of these sub pennies
Much More
Quinn
Recap of My Call's from the 15th
What would Quinnradio Do (My Calls on Monday are already moving big)
$EMXC - major volume and more news and pending Share Structure reduction and we are already going after the .002's
$EXTO - What Can I say we're already up 50% in three days and at a solid 4.5 bagger since my call at .0019x.0020 a month ago
$OMVE - Still trying to get its footing but the Alli Lohan news has gon viral and interest is really picking up here and Volume is starting to show it
$AURI See my previous post to look at my fav actress Emma Stone in a pair of AURI's I love the potential here and can't wait for an exciting run soon
COIL
XNEZ
AOGN
All three of the above tickers have seen great action since monday... I'm watching XNEZ like a hawk here at .03
What Would Quinnradio Do - Mon Aug 15th 2011
Sub Pennies
$EMXC Chart is incredible here and this continues to cut a beautiful swath through the high teens and id 2's next stop is .0035
$SAPX - called this at 70's on Monday and now we've already seen it go over a buck
$EXTO Also an amazing chart and my favorite thing about this is the transparancy and share structure Call the T/A this has remained UNchanged now for months and months. I'm also hearing a tremendous move here into the .10 to .15 area isn't unrealistic as the amount of value in the new companies propertied is mind bofggling... hovever time will tell... I like this for a move to .02 to .03 very soon
.40+ tickers
$OMVE Huge material events unfolding with a great company, management and product that is already established... this one get's bought and will go right into my IRA
$SAPX After taking an incredible beat down from shorts and subsequent abuse after a failed Promo from HOTotc this one looks like it's getting a lot fo attention from traders and after it breaks a buck should see a steady move to the 1.25 to 1.50 range and then slowly up pending the appropriate work from the company and their movie about the #10 Sci-Fi Book of all time Neuromancer
$AURI Most of you know that this has been my #1 Pick for 2011 and beyond... this has traded so well in this channel now and should be pinning out into a tight pattern soon and any major news after that shoudl break this to the upside... I expect something to happen as we approach the Fall fashion season with AURI
WATCHING CLOSELY
$COIL
$XNEZ
$AOGN
$AURI ***Breaking*** Emma Stone Wearing Auri's Check out the Auri Facebook Page just uploaded
I'm a really big fan of Emma! so this is a dream come true for me to see her in these! HaHa!
https://www.facebook.com/pages/Auri-Footwear/118317098240714
$EXTO a Whole new Ballgame here now... DD inside
$EXTO Billion in earnings $735 million in Revenues per year projected after cost of mining This is amazing!
The assay from the WOW Property has confirmed .324 ounces of gold per ton per day from sustained positive results from testing where 5,000 tons of earth per day is expected to be turned.
This assay report for the WOW Property was done by Advanced Laboratories, Inc. under LAB NO. 30255-01. A copy of the Test Certificate of the assay report will be placed on the company's website to view under the name of the company's Mining Consultant, Mel Carson. A total of 1,620 ounces of gold per day is expected to be generated from this claim. The company expects the net cost for mining the claims for gold to be less than $600 per ounce of gold.
$EXTO $735 million net "Profit" from Gold, Silver and Platinum projected in today's PR - Huge numbers!
http://finance.yahoo.com/news/Bayport-Corporation-Announces-iw-695574443.html?x=0
$EXTO Check this out BLM Verification of the EXTO/Bayport WOW Claims…
From post http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66312878
Below is how you would confirm that the EXTO/Bayport WOW claims/property exists within the government database within the U.S. Department of the Interior Bureau of Land Management (BLM) database under the BLM's Land & Mineral Legacy Rehost 2000 System (LR2000) for Utah for proof that these claims are owned by the EXTO/Bayport Corporation wholly-owned subsidiary CARE, Inc.
Step 1
Go to the link below:
http://www.blm.gov/lr2000/
Step 2
** To the left under the section titled… LR2000 Home… click… Run Reports.
Step 3
Another page will pop up that will take you here:
http://www.blm.gov/landandresourcesreports/rptapp/menu.cfm?appCd=2
Scroll down to the “next to the last” section titled… Public Mining Claims Reports and click where it says…Pub MC Geo Report.
Step 4
That will then take you here:
http://www.blm.gov/landandresourcesreports/rptapp/criteria_select.cfm?rptId=19&APPCD=2&
Under the second section titled… Must choose one and only one of the following criteria… check the first option titled… Meridian Township Range * and then scroll down to the bottom of this same page and under the last section titled… Choose any of the following criteria… check where it says… Geo State… then click the button titled… Select Criteria.
Step 5
That will then take you here:
http://www.blm.gov/landandresourcesreports/rptapp/report_filter.cfm
Under the first section titled… Mandatory Criteria… click to the button titled… Set… next to where it says… Admin State.
Step 6
That will then take you here:
http://www.blm.gov/landandresourcesreports/rptapp/report_filter.cfm
Under the first section titled… Mandatory Criteria… you will see a block of states to select from. Scroll down to click to highlight the state… UT – Utah.
Step 7
Then click to the button titled… Set… next to where it says… Case Disposition and it will take you here:
http://www.blm.gov/landandresourcesreports/rptapp/report_filter.cfm
You will see a block of codes to select from. Chose the code… A – Active which should become highlighted after you click on it.
Step 8
Then click to the button titled… Set… next to where it says… Meridian Township Range and it should take you here:
http://www.blm.gov/landandresourcesreports/rptapp/report_filter.cfm
Ok, here’s where you really got to pay attention. Click the area scroll down button where it says… Select Meridian Range. Select the choice that says… 26 – SALT LAKE MER.
Right under that area is a blank box next to the word… Township. Enter the number… 14 in the blank box. Skip the area where it says ”none” to the right of this box and hit the scroll down button to the right on this same line to click on… South.
Right under that area is a blank box next to the word… Range. Enter the number… 2 in the blank box. Skip the area where it says ”none” to the right of this box and hit the scroll down button to the right on this same line to click on… West.
Now click right below where it says… Add to MTR List. You will then see the coordinates of the property pop up within the box below. Click on the coordinates to highlight it.
Step 9
Then under the section below titled… Optional Criteria… click to the button titled… Set that have next to it the words… Geo State.
Step 10
That will take you here:
http://www.blm.gov/landandresourcesreports/rptapp/report_filter.cfm
Click to highlight where it says… UT – Utah. Then click at the bottom of the page where it says… Run Report.
Step 11
You will then get an indicator box pop up. Just press OK. Then click… Run Report again… and you will get the same indicator box pop up again, but from another screen that will pop up, you will get a screen that looks like this below...
$AURI - From the 2nd Quarter results... Revenues
http://finance.yahoo.com/news/Auri-Announces-Second-Quarter-iw-2007714085.html?x=0
Revenues for the six months ended June 30, 2011
increased 31% to $473,824 from the year ago period.
Sales of women's footwear increased approximately 112% to $234,306 and benefited from the Company's launch of its women's line in February 2011 into 58 department stores and boutique doors.
Auri Announces Second Quarter 2011 Results
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Companies:AURI INC
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AURI.OB 0.58 0.00
Press Release Source: Auri, Inc. On Wednesday August 17, 2011, 7:30 am EDT
LAGUNA BEACH, CA--(Marketwire -08/17/11)- Auri, Inc. (OTC.BB: AURI.OB - News) announced today financial results for the three and six months ended June 30, 2011.
Second Quarter 2011 Highlights:
Women's footwear generated $61,452 in sales in the second quarter with Men's footwear generating $108,335 in sales for the same period.
Added 29 new retail distribution points in the 2nd quarter; 148 total retail locations at June 30, 2011
Three Months Ended June 30, 2011
Auri designs and markets branded contemporary footwear for men and women in several unique styles. Auri's men's line consists of both causal/sport shoes and fashion/dress shoes and an array of sandals, while its new women's line, which debuted in February 2011, consists of an assortment of high-heel designs and flats. The Company's fall 2011 women's line will also include boots, wedges and platforms.
"With respect to both our men's and women's lines, our design platform fuses high fashion with proprietary technologies to create shoes that present true luxury with unparalleled performance and uncompromised style," stated Ori Rosenbaum, CEO and Chairman of Auri. "Our design team has created shoes with active suspension systems, which incorporate compression control and anti-fatigue features complemented by removable foot beds. By integrating Outlast® temperature regulating linings, Liquicell® ultra-thin interface technology, and encapsulated gel technologies, we are able to provide form and function unlike other brands. To this end, our innovative design philosophy and solid business fundamentals earned Auri the #8 spot on Forbes Magazine's 2009 'America's Most Promising Companies' list and we were the only footwear, fashion or apparel brand to make the list."
Revenues
Revenues for the three months ended June 30, 2011 were $169,787, 23% lower than the $221,380 for the three months ended June 30, 2010. The primary cause of the year-over-year decline, which occurred in both the women's and men's collections, was that the Company shipped the majority of its spring merchandise to retailers in the first quarter vs. the previous year spring sales coming in the second quarter.
Cost of Sales
Cost of sales for the three months ended June 30, 2011 increased to $169,975 from $154,180 a year ago. Gross margin decreased to 0% in the three months ended June 30, 2011 from 30% in the comparable period a year ago.
Operating Expenses
Selling, general and administrative expenses were $488,628 in the second quarter of 2011 compared to $194,108 in the same period a year ago. Auri incurred $201,273 of public company expenses, including $122,500 of non-cash stock-based compensation expense, which was not present in the year-ago period. Excluding these costs, adjusted operating expenses increased approximately 48% to $287,355.
Loss from operations was $483,816 in the second quarter of 2011 compared to $126,908 in the same period in 2010.
Net Income (Loss)
Net loss for the three months ended June 30, 2011 was $508,391 compared to a $130,536 loss for the three months ended June 30, 2010. The diluted loss per share was $0.01 based on 88.7 million weighted average shares outstanding in the second quarter of 2011 compared to $0.00 and 53.5 million shares in the same period a year ago, respectively.
The Company sold 1,190,000 units in a private placement during the six months ended June 30, 2011. Each unit consists of one share of common stock and one warrant to purchase one share of common stock at $1.00 per share. The warrants are exercisable for a period of two years.
Six months Ended June 30, 2011
Revenues
Revenues for the six months ended June 30, 2011 increased 31% to $473,824 from the year ago period. Sales of women's footwear increased approximately 112% to $234,306 and benefited from the Company's launch of its women's line in February 2011 into 58 department stores and boutique doors.
Cost of Sales
Cost of sales for the six months ended June 30, 2011 was $383,029 versus $251,750 last year. Gross profit was $90,795 in the first half of 2011 versus $108,949 in the first half of 2010, with associated gross margins of 19% and 30%, respectively.
Operating Expenses
Selling, general and administrative expenses increased from $442,792 to $881,273 due primarily to additional legal fees, addition of sales personnel and increased marketing/trade show attendance. In addition, the Company spent approximately $201,273 in public company expenses during the first six months of 2011, which were not present in the comparable period a year ago. Operating loss was $790,478 compared to $333,843 in the first half of 2010.
Net Income (Loss)
Net loss for first six months of 2011 was $837,723 as compared to a loss of $337,594 during the six months ended June 30, 2010. The diluted net loss per share was $0.01 based on 79.7 million weighted average shares outstanding.
Liquidity and Capital Resources
As of June 30, 2011, the Company had $233,060 of cash and cash equivalents and $133,333 of long term debt outstanding. Working capital was $537,946 at June 30, 2011 compared to $240,325 at December 31, 2010. The Company received $0.6 million in net proceeds from various private placements in the six months ended June 30, 2011. Based on current projected working capital needs for the next twelve months, the Company needs to raise additional capital to meet its operating goals.
Business Updates
On July 18th, 2011, Auri announced its entry into the Middle East with an initial shipment to Fifty One East ("51 East"), a luxury retailer located in Qatar. Auri's fall 2011 men's sport and fashion footwear will be sold through 51 East's retail locations. Auri currently has made its first shipment to 51 East with additional orders scheduled for September delivery.
During the first two quarters the brand has added 52 new doors of distribution with prominent department and premium boutique stores domestically and internationally. Additionally, many of these doors are expected to provide vertical growth and door count for the fall 2011 collection.
Spring business has generated successful growth and brand awareness with positive sell throughs in the women's collection generating reorder activity and increased interest for fall.
Fall 2011 launch -- Auri's men's and women's fall collections will be delivered on September 9th at approximately 150 retail locations including Fred Segal, Rubenstein Brothers, The Tannery, and Gary's Newport Beach and Del Mar.
Auri's women's fall collection incorporates 10 patterns in 32 SKU's. Retail prices range from $145-$295. The men's collection features a diverse lineup of casual, dress, and sportswear oriented footwear. The offering consists of 9 patterns in 24 SKU's. Retail prices for the men's line range from $150-$285.
We believe the combination of great styles and unmatched comfort will expand our sales and brand in this large and growing market. A new marketing campaign and appearances at 7 trade shows this fall are expected to produce additional positive momentum in the 4th quarter carrying over in to 2012.
About Auri, Inc.
Auri designs, crafts and markets fashion footwear for men and women, fusing performance engineering, innovative designs and advanced technical materials to provide a new level of luxury in fashion footwear. Crafted with Italian leathers and hand finished details, the products incorporate a seamless fusion of next level technologies with pure style delivering a unique experience of a no compromise style.
Advanced technologies include active suspension systems, compression control, Outlast® temperature regulating linings, Liquicell® ultra-thin liquid-filled interface technology, and encapsulated gel technologies. For more information, please visit www.aurifootwear.com.
Safe Harbor Statement
This press release contains certain statements that may include 'forward-looking statements' as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believe, expect, anticipate, optimistic, intend, will" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of risks and factors, including those discussed in the Company's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risks and other factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
AURI, INC.
CONSOLIDATED BALANCE SHEETS
June 30, 2011 December 31, 2010
ASSETS (unaudited)
Cash and cash equivalents $ 233,060 $ 406,439
Accounts receivable - net 130,198 104,355
Due from factor 68,423 15,796
Inventory - net 325,534 226,773
Prepaid expenses and other assets 168,235 116,320
Deferred finance fee - net - 18,778
Total current assets 925,450 888,461
Property and equipment - net 57,896 85,035
TOTAL ASSETS $ 983,346 $ 973,496
LIABILITIES AND STOCKHOLDERS' EQUITY
(DEFICIT)
Accounts payable $ 130,263 $ 85,337
Accrued liabilities 90,574 46,132
Short-term note payable 100,000 -
Short-term portion of long-term note
payable 50,000 12,500
Short-term portion of long-term related
party note payable 16,667 4,167
Short-term convertible note payable - 500,000
Total current liabilities 387,504 648,136
Long-term note payable - net of short
term portion 100,000 137,500
Long-term related party note payable -
net of short term portion 33,333 45,833
TOTAL LIABILITIES 520,837 831,469
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred stock - $0.001 par value;
1,000,000 shares authorized, no shares
issued and outstanding - -
Common stock - $0.001 par value;
300,000,000 shares authorized,
59,735,360 shares issued and outstanding
at December 31, 2010 and 89,991,580
shares issued and outstanding at June
30, 2011 89,992 59,735
Additional paid in capital 5,579,544 4,451,596
Accumulated deficit (5,207,027) (4,369,304)
Total stockholders' equity (deficit) 462,509 142,027
TOTAL LIABILITIES AND STOCKHOLDERS'
EQUITY (DEFICIT) $ 983,346 $ 973,496
AURI, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
Three Months Three Months Six Months Six Months
Ended Ended Ended Ended
June 30, June 30, June 30, June 30,
2011 2010 2011 2010
Sales - net $ 169,787 $ 221,380 $ 473,824 $ 360,699
Cost of goods sold 169,975 154,180 383,029 251,750
Gross profit (188) 67,200 90,795 108,949
Selling, general and
administrative
expenses 483,628 194,108 881,273 442,792
Loss from operations (483,816) (126,908) (790,478) (333,843)
Other income
(expenses) (24,575) (3,628) (47,245) (3,751)
NET LOSS $ (508,391) $ (130,536) $ (837,723) $ (337,594)
Net loss per share -
basic and diluted $ 0.01 $ - $ 0.01 $ 0.01
Weighted average
shares outstanding -
basic and diluted 88,711,360 53,476,364 79,685,104 52,678,418
AURI, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
Six Months Six Months
Ended Ended
June 30, 2011 June 30, 2010
(Unaudited) (Unaudited)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss $ (837,723) $ (337,594)
Adjustments to reconcile net loss to
cash used in operating activities
Depreciation, amortization and other 32,756 24,363
Stock based compensation 122,500 33,593
Recovery of inventory reserve 4,631 4,109
Allowance for bad debt 8,517 -
Changes in:
Accounts receivable (34,360) 39,905
Due from factor (52,627) (65,335)
Inventory (103,392) (30,799)
Prepaid expenses and other current
assets (51,915) 9,530
Deferred finance fee 18,778 -
Accounts payable 39,223 (20,086)
Accrued expenses 40,042 (4,593)
Net cash used in operating activities (813,570) (346,907)
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments in connection with reverse
merger (49,192) -
Cash paid for purchase of property and
equipment (5,617) (11,201)
Net cash used in investing activities (54,809) (11,201)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of short-term
note payable 100,000 -
Proceeds from common stock sales 595,000 350,000
Net cash provided by financing
activities 695,000 350,000
NET INCREASE (DECREASE) IN CASH AND CASH
EQUIVALENTS (173,379) (8,108)
CASH AND CASH EQUIVALENTS - BEGINNING 406,439 22,931
CASH AND CASH EQUIVALENTS - ENDING $ 233,060 $ 14,823
SUPPLEMENTAL DISCLOSURE OF CASH FLOW
INFORMATION:
Cash paid for income taxes $ - $ -
Cash paid for interest $ - $ -
NON-CASH INVESTING ACTIVITIES:
Assumption of liabilities acquired in
reverse merger $ 10,115 $ -
Conversion of convertible note into
common stock $ 500,000 $ -
Contact:
Contacts:
Investor Relations:
MZ-HCI
Ted Haberfield
President
Phone: (760) 755-2716
Email: thaberfield@hcinternational.net
Web: www.MZ-HCI.com
Media Contact:
SnL Communications
Marla White
Phone: (310) 996-0239
Email: MWhite@snlc.net
What Would Quinnradio Do - Mon Aug 15th 2011
Sub Pennies
$EMXC Chart is incredible here and this continues to cut a beautiful swath through the high teens and id 2's next stop is .0035
$EXTO Also an amazing chart and my favorite thing about this is the transparancy and share structure Call the T/A this has remained UNchanged now for months and months. I'm also hearing a tremendous move here into the .10 to .15 area isn't unrealistic as the amount of value in the new companies propertied is mind bofggling... hovever time will tell... I like this for a move to .02 to .03 very soon
.40+ tickers
$OMVE Huge material events unfolding with a great company, management and product that is already established... this one get's bought and will go right into my IRA
$SAPX After taking an incredible beat down from shorts and subsequent abuse after a failed Promo from HOTotc this one looks like it's getting a lot fo attention from traders and after it breaks a buck should see a steady move to the 1.25 to 1.50 range and then slowly up pending the appropriate work from the company and their movie about the #10 Sci-Fi Book of all time Neuromancer
$AURI Most of you know that this has been my #1 Pick for 2011 and beyond... this has traded so well in this channel now and should be pinning out into a tight pattern soon and any major news after that shoudl break this to the upside... I expect something to happen as we approach the Fall fashion season with AURI
WATCHING CLOSELY
$COIL
$XNEZ
$AOGN
$OMVE Confirmation of No Dillution and More!!
Their (OMVE's) "in Context" and full Email Response is at the bottom of this post but I've inserted the companies reply IN RED from that email behind my Original Question: which as you see is IN BOLD
Quinnradio@gmail.com to support
show details 2:58 PM (1 hour ago)
Rick Thanks for your prompt reply,
That's fantastic to hear and I'm incredibly pleased that Mr. Lesser and Mr Guez have come together to join forces along with Mr. Christian Wicks... It's a very dynamic and exciting team you guys are putting together over there...
Do you know if the company has Financing put together or are they going to have to sell shares to raise capital or both?
Thank you for your continued interest in our company. Allow me to address your questions. We believe that the company is sufficiently financed. Even though it does not depend on any sales of stock to continue the operations, we are always open to meeting with new investors and discussing respective opportunities.
Will you be releasing a PR referencing Ms. Lohan as the Face of PRVCY or are you going to allow it to spread virally?
Of course we cannot comment on any upcoming press releases. We are confident that our PR and IR vendors will do their best to inform the media and general public of any significant events in our business.
Also, do you plan on naming a Male Face of the Brand too? If so can you say when or who that may be?
The company is considering various options as regards the "male face" of the brand.
Finally Where can an investor visit the companies Offices if I live in the Southern California area? Are you going to move the offices from Kansas or stay there?
We are not planning to move corporate offices out of Kansas. Our operating subsidiary PRVCY Couture, Inc. maintains a warehouse and distribution facility in Norco, CA and an office in Los Angeles.
Thanks very much again for your prompt replies as it means a lot to us small investors when you do that
Regards
xxxxx xxxxxxx
- Show quoted text -
Reply
Forward
Reply
support@omve.net to me
show details 3:20 PM (45 minutes ago)
Dear xxxxx,
Thank you for your continued interest in our company. Allow me to address your questions. We believe that the company is sufficiently financed. Even though it does not depend on any sales of stock to continue the operations, we are always open to meeting with new investors and discussing respective opportunities. Of course we cannot comment on any upcoming press releases. We are confident that our PR and IR vendors will do their best to inform the media and general public of any significant events in our business. The company is considering various options as regards the "male face" of the brand. We are not planning to move corporate offices out of Kansas. Our operating subsidiary PRVCY Couture, Inc. maintains a warehouse and distribution facility in Norco, CA and an office in Los Angeles. Please let me know if I can be of any further assistance. Thank you.
$OMVE Major Material Events occurring in the last 24 hours None have been PR'd By the Company as of Close of Market Friday 8.12.11
The 8-K filed The new Chairman of the Board for OMVE is Paul Guez the man who Started Sasson Jeans in the 70's and 80's He is the Grand Daddy of the slim cut jean movement and is a Legend in the industry see the List of Officers of OMVE HERE They include the former CFO OF True Religion Jeans Charles Lesser - As you will see Charles brought TRLG from the OTCBB (where we are now) trading under $1.00 at the time to the NASDAQ where it's traded as high as $35 bucks a share but levels out in the 20's
The company publishes its DTC REPORTS TO the PUBLIC on its website to negate any doubt and to disuade Shorters from hurting this stock See the Latest DTC Report there or a screenshot of the latest version here---> http://investorshub.advfn.com/uimage/uploads/2011/8/12/lznpaScreenHunter_02_Aug._12_08.27.gif
***BREAKING***(as of 6pm Thursday night8.11.11) New Celebrity endorser Ali Lohan (17 year old sister of Lindsey Lohan) is now touting PRVCY Denim This story has not yet been PR'D but I expect it to be soon Thi story broke on the PRVCY Premium Facebook Page this morning and on Eonline's website
http://www.eonline.com/news/fi?rst_look_ali_lohan_strikes_pos?e_first/257680
These Screenshots are from The PRVCY Premium Facebook page here is the direct link go and "LIKE" them there
https://www.facebook.com/pages/Prvcy-Premium/147130985354035
$EXTO $50 Million to it's Bottom Line is going to make EXTO LOOK Damn nice
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66070018
I was told by the company that Bayport Corporation/EXTO will be selling $50 million worth of REEs that will be the primary asset to justify the IPO being launched. I like the no dividend logic much better with the IPO because the $50 million from selling the REEs will go to the financials of Bayport Corporation as straight Net Income/Profit with very minimal expenses (if any) from the transaction.
$EXTO (Bayport website info update)
From this post http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66064789
Rare Earth / Mining
Quote:
Rare Earth holdings may be the most financially significant division of Bayport. Bayport now controls a tremendous amount of Rare Earth Elements (REE's) in the northwestern portion of the United States and Northern Canada with our new association with a mining company in Newfoundland. This company likewise owns a vast amount of REE's in northern Canada. Bayport has entered into a Letter of Agreement with a prestigious Wall Street firm, to do a best-efforts $50,000,000 IPO for the myriad of rare earth we control.
Bayport's current mining claims consist of numerous locations in the western United States. Our primary aim is to be a significant player in the rare earth market. We will also pursue gold as well as other precious metals. Bayport is currently negotiating with several mining companies and individuals to increase our presence in the mining community. Rare Earth and precious minerals and metals are very strategic and critical for the United States military, defense welfare and many new inventions. More details will be released when available.
Damn MT You may have something here...
$EMXC Multiple Charts
Special thanks to Mick for these
EMXC
Yellow, 1-yr.,ema8 , ema34, bb, volume, price, cloud
White, / 1yr. , 50ma , 200ma, r.s.i., volume, macd
Blue/White / 18-mos, ma50, ma200, ema20, cloud, volume, r.s.i., macd, price
Gray/ 5-MOS , 50ma , 200ma , bb , r.s.i. , macd , full sto , volume , price
low Float Stock Plays / chart;
BLACK, 6 MOS, R.S.I. , 50MA , 200MA , VOLUME , MACD , PPO
$EMXC #3 Most Read Board with 76 thousand READS today alone
http://investorshub.advfn.com/boards/most_read.aspx
$EMXC - Table Pounder .0022's falling! Accum is running out of room on the chart actually! RSI about to get after the powerzone and this is JUST getting Started here
Quinn
$EMXC NEWS eMax Worldwide Inc. Dividends, Compliance, Buyback, and Operations Update
http://www.reuters.com/article/2011/08/05/idUS166040+05-Aug-2011+PRN20110805
SALT LAKE CITY, Aug. 5, 2011
SALT LAKE CITY, Aug. 5, 2011 /PRNewswire/ -- eMax Worldwide Inc. (Pinksheets: EMXC), www.emaxworldwide.com a diversified holding company, updates their shareholders on their progress regarding Dividends, Compliance, Buyback, and Operations.
Dividends As many as you know the company has paid for the outstanding dividends to be paid. The process to send dividends to shareholders has started and we expect this process to last over the next two weeks. Due to the multiple of dividends in stock certificates from 2003, this has not been an easy task. We acknowledge that the difficulty of this process was self induced. We are fortunate at this juncture of the company's operations, that we are finally able to correct these deficiencies. It is exciting to be a part of eMax and over the next two weeks, all shareholders entitled to past dividends will receive them by mail or in their brokerage accounts. Be advised, that all dividends are restricted and make up approximately 180,000,000 shares of the existing common stock in the company.
Compliance
Compliance is one of our main focuses. By ensuring that all necessary legal paperwork and filings are complete and timely, it enables our company to proceed on many fronts. The company is currently finishing the work to file forms with the otcmarkets.com, FINRA and the SEC to become more fully reporting with all these agencies. eMax Worldwide is working diligently this month, with their legal counsel and financial auditors, towards completing all necessary administration work required to finish all current audits and necessary SEC filings with the agencies listed above.
Buyback
The buyback continues and will until our goals are reached. We have filed the necessary documentation with the state of Utah to lower the outstanding share structure to 1,500,000,000 and the authorized share structure to 2,000,000,000. Upon said filing being recorded and updated, we will file the next reduction to our share structure. The company's strategic plans and future goals have set an optimum target of a common share structure in the neighborhood of 750,000,000 authorized and 500,000,000 outstanding.
Operations
eMax Worldwide is currently engaged in various acquisitions, investments and negotiations for a magnitude of revenue streams for its companies. Over the course of the next few months, many of these dynamic avenues will be disclosed in full. We will notify shareholders at the closing or final realization of revenues as well as provide full disclosure upon filing of consolidated financial reports and filings.
As an example, recently the eMax Media company formed a new eMax Healthy division and announces a distribution agreement with Jeunesse, http://www.emaxhealthy.jeunesseglobal.com. Jeunesse was founded to provide a comprehensive anti-aging product offering of youthful innovations, comprised of both nutritional and skin care products. Even the name "Jeunesse" evokes a powerful symbolism of this anti-aging mission since the meaning of this corporate name is "youth." The expansion of an aging population in tandem with a parallel explosion in the anti-aging industry has created one of the most significant social and economic mega trends in the world today. Roxanna Weber, President of eMax Worldwide stated, "We are very excited about the distribution relationship eMax Media has secured. The Jeunesse Product line is one of the most exciting and positive results generating healthy product lines that eMax markets and sells. Roxanna stated, "I stand by all previous statements up to this date. After all current business has been negotiated and contracted then eMax can and will announce those new additional business activities as well."
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the future press releases of eMax.
Contact Rockport Equity, LLC
David Helmcamp
Dan Capozzi
443-567-6983
info@rockportequityllc.com
SOURCE eMax Worldwide Inc.
$EXTO HIGH ALERT! A break of .008 sends us into pennies here very fast...
PS: DON'T MISS the SAME THING ON EMXC we are literally DAYS away from the same thing happening there... EMXC because of its lower share price and Share Structure, could be even more prosperous for shareholders than EXTO but time will tell I'm holding both into multi pennies
Thanks
Quinn
$SAPX a week long NASDAQ Ticker PROMO Campaign?!?!?!? This should be REALLY interesting considering the Float is only 700K shares...
$SAPX Went from $2.75 to $48.00 a share in a three months in 2009
http://campaign.r20.constantcontact.com/render?llr=eiqqyacab&v=0013FxZ1gY3q2tyrPQyKim-1uN7EG3qkoAoNs-og1RQK9J2nc5zwpEnjBJFIH2QzMjSYcNY6mehJpSffXwxwlE5PxYTW2EL7aHFyMGuZvwfefrkrZifJtEx5w%3D%3D
Watch List for Thursday 7-28-2011
My long awaited BIG report: SAPX.
Normally I focus on OTCBB and Pink Sheet companies, but SAPX trades on the Nasdaq market so this is a very special treat for everyone!!
Nasdaq companies get more attention from serious and Smart money players.
If you look up the chart on SAPX it has had an explosive week, rallying from the $1 level all the way past $5 in 2 days!! It looks like SAPX could have a very small float which means it could make huge swings!
View Chart: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=SAPX&insttype=Stock&freq=7&show=&time=3
SAPX has come down from the huge rally earlier in the week and seems to have flattened out. Could it be setting up for another leg up?
Technically speaking, this is sometimes called the 5 wave Elliot theory with the 3 wave up being the longest, so make sure SAPX is on your watch list incase it starts!!
SAPX is an independent motion picture production and distribution company engaged in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in domestic (i.e., the United States and Canada) and foreign theatrical markets, and for subsequent worldwide release in other forms of media.
Earlier this week SAPX announced they have an agreement with Prodigy Pictures Inc. to jointly produce and distribute the highly-anticipated motion picture "Neuromancer," based on the best-selling science fiction novel by William Gibson.
Prodigy hopes to arrange substantial financing for the film, which is expected to have a production budget of approximately $60Mill!!! This could be a huge hit for SAPX.
SAPX announced today the formation of Beaux Arts.
Beaux Arts will initially target the acquisition for distribution of 5 to 10 "indie" and "art house" films per year, with the objective of increasing this to 10 to 20 films per year subsequently, if feasible. Films distributed under the Beaux Arts label will be primarily targeted at existing and emerging digital distribution formats such as Video on Demand (VOD) and streaming video services.
"While the number of big budget films being produced has slipped somewhat in recent years, the number of indie films debuting each year, the vast majority produced without studio financing, remains robust," added Kate Hoffman, Seven Arts' Chief Operating Officer.
There has been a lot of excited anticipation on the making of this new film, called Neuromancer. The movie is based on the blockbuster novel written by William Gibson and published in 1984. Much of the anticipation centers on the book having received three major science fiction novel awards, including the highly coveted Nebula Award. It was one of Time Magazine’s 100 best novels and also received two other major awards, The Philip K. Dick and the Hugo Awards.
This made the novel the first ever to receive all three of these awards. Another reason for the excitement is that the movie will be directed by Vincenzo Natali. He will also be the film’s writer and has directed Cube and Splice.
Prodigy’s Founder, Jay firestone, said that “Having Vincenzo on board has been exhilarating for us. His distinctive vision has added a striking new dimension to William Gibson's already thought-provoking story."
Things are moving fast on this film. During the first three days alone of the Cannes Film Festival distributors from several Asian countries and from others areas such as Poland and the Middle East have been lined up by SAPX.
SAPX Chief Operating Officer, Kate Hoffman, has said that the “Response to this cult cyberspace thriller has been tremendous and the film ticks a lot of boxes with distributors.” She went on to say that principal photography has already begun and will include such locations as Canada, London, Istanbul and Tokyo.
Interest in movies is not going to stop, and with the rise of online venues such as Netflix, Blockbuster and other online vendors spells exciting times ahead for film makers. And those best able to capitalize and market to those venues have the better chances. SAPX is showing early signs that it knows this and that’s encouraging.
Other respectable film companies have already released their preliminary numbers.
Dreamworks Animation SKG Inc Earnings Cheat Sheet for the Second Quarter
Results: Net income for the movie production company rose to $34Mill (40 cents per share) vs. $24Mill (27 cents per share) a year earlier. This is a rise of 42% from the year earlier quarter.
Revenue: Rose 38.1% to $218.3Mill from the year earlier quarter. This shows the movie industry is still holding strong in an unstable economy. Do your research on SAPX fast.
Start at: http://www.7artspictures.com Always do your own research and consult with your own financial professional.
Yeah... forgive me but I haven't the foggiest idea why you're yelling at me Bama... Dennis? Was he the guy screwing everyone over with EVFL?? Forgive me it's been a long time... I don't remember accusing you of being involved with EVFL or anyone named Dennis?
I haven't traded EVFL in over a year if not longer. That was a POS deal in my humble opinion... If I remember correctly someone said he was actually posting on the boards right? Sorry it's been a long while... But as far as EVFL is concerned I have nothing more to add except you win some and you loose some and That one was a dog...
You're upset because I left the mod position at EFGU after 12 months? Yeah, I left the damn "Mod" position over there because I'd had it with the company dishing out Bull...
If you think I'm a good radio personality then you've obviously heard my show... If that's the case then you should be able to recognize my "sarcasm" when I say it's "Still a Go" Bama...
What's the gripe here with me as I'm not sure I'm getting it... You come to my board and post smart-assed tongue in cheek remarks about stocks I traded years ago? If you have a beef with me (which you obviously do) you're not going to get your point across by doing it this way my friend... I'm happy to catch up over PM's if you'd like Bama but not going to waste space here on the board... Are you on Skype? Add me there if you'd like to talk...
Good night
Quinn
I had nothing to do with "Dennis" I don't twitter "tweet" or email blast stocks. I don't offer any trading stimulus. You are mistaken. EFGU is bogus and if it was real I would expect you to remain the Mod there and truly support your pitches. If you bought EVFL because of me I'm sorry but you can't produce a post of PM suggesting "Quinn" or anyone should buy. Save your picks and much luck to you sir.
You should stick to radio. You are talented.
Bama
Both EFGU and that POS Willie Nelson subber you mentioned (that's the one wasn't it?) were major disappointments for me... and I assume for you as well...
I did however get out of EFGU after averaging down from .07 all the way to .016 over a period of 12 months... I thought my loyalty to that ticker went a little overboard don't you? I have the same problem with women...
I here EFGU is still a GO THOUGH!!! but I'll wait to see what happens before I open my wallet again for it.
But, since you asked... I like SAPX, EMXC, EXTO and OMVE at these levels... :)
nice to see you here BamaDreamer...
I wish you fortune and happiness
Quinn
Well Quinn! Anymore....(clears throat)...picks like EFGU? ;) LOL would Quinnradio do EFGU?
Well Quinn! Anymore....(clears throat)...picks like EVFL? ;)
$SAPX PRESS RELEASE
http://www.marketwatch.com/story/seven-arts-pictures-plc-launches-indie-film-imprint-to-capitalize-on-global-digital-distribution-opportunities-2011-07-27?reflink=MW_news_stmp
July 27, 2011, 2:28 p.m. EDT
Seven Arts Pictures Plc Launches "Indie" Film Imprint to Capitalize on Global Digital Distribution Opportunities
New Beaux Arts Imprint Will Leverage the Company's Existing Worldwide Distribution Network and Emerging Digital Distribution Formats to Distribute "Indie" and "Art House" Films
HOLLYWOOD, CA, Jul 27, 2011 (MARKETWIRE via COMTEX) -- Seven Arts Pictures Plc ("Seven Arts") SAPX -0.30% announced today that the formation of Beaux Arts, an "Indie" film imprint to further bolster the Company's ability to take part in meeting the strong demand for filmed entertainment worldwide.
"The Beaux Arts imprint will allow Seven Arts to utilize our extensive worldwide distribution network to expose to a wider audience high quality indie films that might otherwise have escaped notice," said Peter Hoffman, CEO of Seven Arts.
Digital distribution of filmed entertainment has grown to become a major force in the entertainment industry, with demand being driven by technological advances that allow consumers to watch movies using an expanded menu of devices. This new imprint, combined with the Company's existing production initiatives, will allow the Company to provide viewers with a wide variety of quality content across multiple delivery platforms.
Beaux Arts will initially target the acquisition for distribution of 5 to 10 "indie" and "art house" films per year, with the objective of increasing this to 10 to 20 films per year subsequently, if feasible. Films distributed under the Beaux Arts label will be primarily targeted at existing and emerging digital distribution formats such as Video on Demand (VOD) and streaming video services.
"While the number of big budget films being produced has slipped somewhat in recent years, the number of indie films debuting each year, the vast majority produced without studio financing, remains robust," added Kate Hoffman, Seven Arts' Chief Operating Officer.
"With the extensive consolidation the industry has experienced over the past year or so, we believe the market for low and moderate budget indie films is currently underserved, and, as a result, the formation of the Beaux Arts imprint should improve our chances of making headway in this sector."
About Seven Arts: Seven Arts Pictures Plc was founded in 2002 as an independent motion picture production and distribution company engaged in the development, acquisition, financing, production, and licensing of theatrical motion pictures for exhibition in domestic (i.e., the United States and Canada) and foreign theatrical markets, and for subsequent worldwide release in other forms of media, including home video and pay and free television. For more information, visit: http://www.7artspictures.com/ .
Cautionary Information Regarding Forward-Looking Statements:
Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from the anticipated.
Comic-Con!!! Pic's always a blast Thanks to Aspenspin.com for the coverage!!! http://www.aspenspin.com/
$EMXC This one continues to amaze me. The Chart is about to do a 50/200ma Golden Cross after having the 50ma cross the 100ma the week before last. Very Bullish there folks see Chart at bottom of post
I'm Expecting News early next week (as per the last PR) and when the Restricted Dividend's are confirmed to be in peoples accounts next week you can count on seeing great market reaction in the EMXC Share price.
The confidence that Emax Management has been continually instilling in shareholders has been fantastic. This is still my favorite "Subber to multi-Pennies" play and I urge you to do some dd there fast if you haven't done so yet... Short Term target of 3-5 cents per share still in effect as the company has been buying back shares and confirmed that they recently bought back another 150 million in last weeks PR...
http://www.prnewswire.com/news-releases/emax-worldwide-presents-interview-with-chartpopperscom-continues-buyback-and-announces-retiring-an-additional-150000000-shares-from-the-common-stock-125823293.html
The EMXC Target share structure by end of August 2011 is 500mil O/S 800 mill A/S
Have a great weekend everyone!
Quinn
TABLE POUNDERS MUST OWNS AND HUGE POTENTIAL MOVERS HIGH ALERT!
$EMXC .0012 x .0013 and going
$EXTO .0042 x .0046 and .0046's are now hitting. EXTO is going to pennies maybe even a nickel + based on the Bayport Seafood Multi million dollar business ALONE
$VKML Must watch Gold play sitting in the 3rd most famous Copper mining area in the world and largest in the US
$VKML been DD'ing this one for about 24 hours...
Best 24 hours of work time I've ever spent
Quinnradio
$EXTO Now Bayport - Valuation Consideration from one of Bayport’s Assets…
Thanks to Sterling for the DD compilation see full post here http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65104234
Bayport Corporation is now EXTO. From some previous due diligence that is already publicly available, below is some information about one of a few of Bayport Corporation’s assets. From what I can recall, they have about 19 or 20 companies under their umbrella of control. Before I talk about this particular asset, let’s recap some important points about their claims/properties from their recent PR:
Quote:
http://ih.advfn.com/p.php?pid=nmona&article=48394038
** Bayport Corporation has several subsidiaries and affiliates in gold mining as well as Rare Earths, precious minerals and metals.
** These interests are in Nevada, Utah, Colorado, and Wyoming.
** Its wholly-owned subsidiary, Cosmic American Rare Earth, Inc. (CARE), has secured a $50,000,000 Rare Earth IPO with Aegis Capital Corporation. Details will be announced in the future. http://www.aegiscap.com/
** Non-dilutive financing has been secured.
** Equipment has already been mobilized and put in place beginning its placer gold mining operations on July 10, 2011 of which all required state permits and approvals have previously been in place with the U.S. Department of the Interior Bureau of Land Management (BLM).
** When mining operations have been up and running for a while, the company would like to invite shareholders out to an open house to give all investors a chance to see the company's operations and to meet management.
** In addition to mining, Bayport has many interests in Seafood with their Lobster Pounds in Maine, plus their shrimp and lobster sales outlet in Las Vegas, Nevada.
** Bayport has other specialty sea foods from Louisiana, Alaska and Ecuador.
** More announcements will be released to further explain Bayport Corporation's interest in three newly acquired gold mines and other advancements from their assets.
Also, before talking about this asset, it is important to understand that Bayport Corporation was going to originally place their assets into Bayside Corp (BYSD). Instead, BYSD elected to do a reverse split and you know the rest of that story as Bayport Corporation and BYSD agreed to move on without becoming one company. It was thought that the disagreement stemmed around an issue where the CEO, Lou Porter, was thought to of had a conviction outstanding against him that had taken place back in 1982, but later it was confirmed that it was filed that he had no involvement or knowledge in those transactions that were deemed illegal by the other party and to add, full restitution was made and everything was made right. It is not an issue and has been a dead issue since 1983, but too much tension from the delivery of the situation caused the parties to simply move on from each other.
Before we talk about this particular asset, I think al should read below to see the esteemed profile of Louis Porter, the new CEO of EXTO:
Quote:
http://cosmicgroup.wordpress.com/about/
Louis Porter / Chairman, Bayport Corporation
Mr. Louis Porter of Tulsa, Oklahoma is CEO and Board Chairman of Bayport Corp. He received a B.S in Petroleum and Natural Gas Engineering from Texas A&I in Kingsville, Texas 1970, now affiliated with Texas A&M. He was a member of the Sigma Tau and Alpha Chi honor societies – Sigma Tau Honor Engineer Alpha Chi Honor Scholastic. He worked five years with Arco as a Petroleum Engineer, Drilling, Gasoline Plant, Reservoir Engineering and Sales of LPG’s. Then Mr. Porter spent 5 years with Thermogas as its Transportation Director, as well as Operations Manager for purchasing wholesale and the retail selling of propane and butane for the entire network. Thermogas was the largest LPG distributor of LPG’S in the nation at that time until merged with Mid America Pipeline.
He started NGL Supply (Natural Gas Liquids) which later became Dalco Petroleum a Public Company in the United States and was 87% owner of Dynex Petroleum a Public Company across Canada and headquartered in Calgary Alberta. He was CEO & Major Owner of 87% of stock in the Canadian operation & CEO and President with 90% stock in Dynex USA. Dynex was very strong in Canada with sales reaching approximately 1 Billion dollars Canadian in oil and gas. Dynex successfully engineered a $75 Million revolving line of credit with Bank of Montreal.
Dalco Petroleum had thirty three separate divisions in various areas of sales, drilling & production of oil and gas, (500+ oil wells in the Oklahoma Sooner Trend) built and owned 3 underground fuel storage units… one in Canada and two in Kansas holding millions of barrels of propane on an ongoing basis. Dalco also owned two steel companies. Utility Steel built sub-stations and Jem Engineering made octagon lighting and traffic poles. Mr. Porter has been a Director, part owner and partner in two regional banks; American Bank of Tulsa and Riverside Bank in Jenks, Oklahoma.
Overall, the parent company employed 1000 employees and drilled over 1500 wells in Canada and the United States. Dalco also manufactured and sold rock wool insulation in Wisconsin and surrounding areas.
Dalco owned and financed Tulsa Polyfilm, (Saran Wrap) which later did a thirty million-dollar public offering for fifteen percent of the company stock. Louis sold fifteen percent of Dynex Petroleum for seventeen million dollars via Bache-Halsey Financial. Mr. Porter was CEO & Chairman of Allied Exploration Corporation a public company which he sold for an undisclosed sum.
Presently he is owner, CEO, President and Board Chairman of Bayport Corporation which is active in company owned gold mines, oil and gas production, senior life insurance, seafood sales and a shrimp processing plant in Louisiana.
Lou has written and sold five full-length novels; he’s beaten former President Gerald Ford out of $14 playing Gin after arranging for his speech to the Canadian Oil Association in Calgary; and he’s defeated Ex-Governor David Hall of Oklahoma in some very serious games of backgammon. Lou is a conservationist and avid hunter and fisherman who loves to photograph grizzly bear by horseback.
Mr. Porter was one of ten industry men picked to successfully put Propane on The Cotton Exchange in Chicago as a commodity.
Now let’s get back to talking about this particular asset. From doing some due diligence (DD) a while back, below is the organizational chart that was posted by smpark on the BYSD board back when the above earlier consideration was on the table:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62388911
Then it was updated/posted in a better format here by TBEagl: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63043249
(It has been confirmed that the assets are still under Bayport Corporation so ignore the Bayside mention at the top of the above older organization chart and focus on the companies within the chart as they are all under EXTO as EXTO is now Bayport Corporation.)
The one particular claim/property that’s known to be owned by Bayport Corporation is through their subsidiary Gem, Inc. This property is called the Mary Ann Canyon Gold Mine. The link below confirms that Gem, Inc. (Bayport’s subsidiary) has secured a 50 year contract to begin mining on the Mary Ann Canyon property with the Hardrock Exploration & Mining, Inc. The gold property within the Mary Ann Canyon is considered to have in place recoverable value of $943,133,000 of gold and an inferred recoverable value in place of $3,610,928,000 of gold. That’s a combined total $4,554,061,000 of recoverable value. To verify the data above, please refer to the link below under the Company Overview, Summary, and the sections 2.2, 3.6, and 4.2:
http://www.nationsmarketing.com/files/2-Info_MaryAnn_Ely_HardRock.pdf
The data above within the link above is considered very legitimate in my opinion because it was derived from reports completed by Teck Corporation which trades on the NYSE under the ticker of TCK at $51.00+ per share which below is Teck’s website and stock info:
http://www.teck.com/Generic.aspx?portalName=tc
http://finance.yahoo.com/q?s=TCK&ql=0
Towards the bottom of the link below, a picture of the Mary Ann Canyon Gold Mine within the Mary Ann Placer Property is provided:
http://www.national-gold.com/exhibita.htm
I think important to note is that having a placer mine is a lot easier to mine operations versus the traditional hard rock (lode) mining. The alluvial mining processes for gold are much more accessible for retrieving gold. Again, the gold property within the Mary Ann Canyon is considered to have in place recoverable value of $943,133,000 of gold and an inferred recoverable value in place of $3,610,928,000 of gold. That’s a combined total $4,554,061,000 of recoverable value. Let’s presume that the company will only recover 1% of the total $4,554,061,000 of recoverable value. That would mean that the company would only recover something in the area of $45,540,610 worth of gold. Let’s be even more conservative and consider a 25% profit margin of which we all know will be much higher than 25% to derive…
$45,540,610 x .25 = $11,385,152 Net Profit
Net Profit ÷ Outstanding Shares (OS) = Earnings Per Share (EPS)
Net Profit = $11,385,152 Net Profit
EXTO OS = 540,921,049Shares
$11,385,152 Net Profit ÷ 540,921,049 Shares = .021 EPS
Now to derive where EXTO should fundamentally trade from only capturing 1% of their confirmed recoverable value that was done from a report from a NYSE company trading over $51.00+ per share and from just this one claim/property, you must multiply the .021 EPS by a Price to Earnings (P/E) Ratio. Read below to understand the P/E Ratio and to also understand why I am using it as a multiple to derive a fundamental consideration as to where EXTO could very easily be fundamentally trading:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57154170
The current P/E Ratio for the Gold Industry is 24.50 as indicated below:
http://biz.yahoo.com/p/134conameu.html
.021 EPS x 24.50 = .51 per share
So, very conservatively speaking from one claim/property and if they only claim just 1% of the value that is believe to be recoverable by a very reputable NYSE company trading at over $51.00+ per share (TCK, Teck Corporation), EXTO could very well be trading at the .51 per share range for starters and as more information is released on the rest of their properties already known and the three new gold properties they just mentioned to have picked up.
As you can see, there is a great many companies within Bayport Corporation that could be discussed, but I think the Mary Ann Canyon Gold Mine is one that should be given some high consideration and appreciation to know that it is part of our investment here within EXTO. I think the magnitude of Bayport Corporation is pretty powerful and because of such, they have some things to do to continue convincing the market that they are real. That’s to be expected within the penny stock world as I am sure they know. I think following through with getting current with their filings on pink sheets/otcmarkets.com, filing with FINRA to get their name and ticker change, changing their info at the Nevada SOS site to reflect new management, and a few other things as they have stated are all important and will happen over time.
Bayport has announced that they have non-dilutive financing which has been secured. The OS has been unchanged for many months and their Transfer Agent (TA) is ungagged. They have also just announce that they have already mobilized equipment to begin its placer gold mining operations back on July 10, 2011. They even announced that all required state permits and approvals have previously been in place with the U.S. Department of the Interior Bureau of Land Management (BLM). I think this company is on the right track.
I have done my due diligence (DD) to confirm to my likings that Bayport Corporation is very real. As other investors confirm to their likings, then the price will follow as more and more investors will learn that they are very real too. I was asked to share my thoughts about EXTO and its valuation potential and so I have done. The main point is to help one to see how real and undervalued EXTO is; which is the type of stocks I believe we all continue to search for. I hope these thoughts have helped.
v/r
Sterling
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Do not buy or sell any stock based on anything I say.
I am NOT a qualified financial professional.
I'm a trader who likes to find momentum in these micro-cap companies.
IF you want to make money, don't buy penny stocks... That's my best advice.
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