Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
records of the New York office of the Francisco Sugar Company related to the manufacture and sale of alcohol distilled from cane molasses. The earliest records in this series appear to have been the files of Jacob Levene, Secretary of the Francisco Sugar Company. Later files may have been generated in the office of Czarnikow-Rionda vice president Michael J. P. Malone. There is considerable documentation on the Sevilla Distillery at the Central Francisco including data on production costs, manufacturing reports, and Cuban tax statements. Of particular note, are the correspondence files and reports from Raphael Katzen Associates, consulting engineers, on plant improvement and product analysis. Records related to sales to European and U.S. customers are also evident. The latter indicate that Francisco also served as a sales agent for other Cuban distilleries.
https://www.marketbeat.com/instant-alerts/nasdaq-wish-lockup-expiration-2021-06/
A number of analysts have recently issued reports on WISH shares.
Evercore ISI started coverage on ContextLogic in a research note on Monday, April 5th. They issued an "outperform" rating and a $22.00 price target on the stock.
Loop Capital raised shares of ContextLogic from a "hold" rating to a "buy" rating in a research note on Tuesday, February 16th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of ContextLogic from $26.00 to $22.00 and set a "buy" rating for the company in a research report on Tuesday, March 9th. They noted that the move was a valuation call.
Credit Suisse Group lowered their price target on shares of ContextLogic from $31.00 to $24.00 and set an "outperform" rating on the stock in a research report on Thursday, May 13th.
Finally, Oppenheimer cut their price objective on shares of ContextLogic from $30.00 to $25.00 and set an "outperform" rating for the company in a report on Tuesday, March 9th.
Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company. ContextLogic presently has a consensus rating of "Buy" and a consensus target price of $22.92.
ETSY BABA AMZN
PARTICIPANTS
Mr. Robert Kleberg, King Ranch; Mr. Lawrence Crosby, Chairman, U.S.-Cuban Sugar Council; Mr. William Oliver, President, American Sugar Refining Company; Mr. George Braga, President, Francisco Sugar Company and partner in Kleberg’s Cuban ranch; Mr. Malone, General Manager, American Sugar Refining Company
https://history.state.gov/historicaldocuments/frus1958-60v06/d397
https://donvillarejo.github.io/Fulltext/American_Investment_Cuba_Villarejo.pdf
https://www.justice.gov/fcsc/cuba/documents/1501-3000/2525.pdf Manate
https://www.justice.gov/fcsc/cuba/documents/1501-3000/2500.pdf Francisco
https://static1.squarespace.com/static/563a4585e4b00d0211e8dd7e/t/5eec2dbfbb782e7540c18502/1592536515129/show_temp+%287%29.pdf EXXON
https://www.justice.gov/fcsc/cuba/documents/1501-3000/1507.pdf KING Ranch
https://www.justice.gov/sites/default/files/pages/attachments/2014/08/05/cu-8162.pdf MARTHA P. BALME
Foreign Relations of the United States, 1958–1960, Cuba ...history.state.gov › historicaldocuments
... President, American Sugar Refining Company; Mr. George Braga, President, Francisco Sugar Company and partner in Kleberg's Cuban ranch; Mr. Malone,
https://www.justice.gov/fcsc/cuba/documents/1501-3000/2622.pdf
NORTH AMERICAN SUGAR INDUSTRIES INC.
CUBAN-AMERICAN MERCANTILE CORPORATION
WEST INDIA COMPANY
Under Pressure'
Some Cubans and analysts speculated it was an attempt to control the black market price of the dollar. That has risen to more than twice the official exchange rate since the import-dependent country started opening stores selling in hard currency and stopped selling greenbacks due to a cash crunch. Cuban bank account holders will have until June 21 to deposit dollars before the suspension takes effect.
"It is ever more difficult for Cuba to find international banking or financing institutions willing to receive, convert or process U.S. currency in cash," the Cuban Central Bank said in a statement shared by state-run media. It added that the measure would not affect operations carried out by transfer or deposits in other currencies that are freely convertible and accepted in Cuba.
More than 20 banks have stopped processing transactions involving Cuba since former President Donald Trump tightened U.S. sanctions on the island nation, Central Bank Vice President Yamile Berra Cires said in a roundtable discussion on state television.
You realize if they WISH to exercise the slightest bit of fiscal discipline they can post a quarterly Profit that would make heads explode
GO FRAZ $B
PCHM
TRCK
WKEY
WISH
ROKU
It was something I was following for some time(since IPO) and as I outlined in my Pun filled commentary on WISH
~I feel as though it is undervalued just on fundamentals
~from a technical perspective it looked to me as though it was a bottoming out process
~finally the fact that sentiment shifted so quickly it allowed me to exit a trade I thought would have taken many week to accomplish
that being said WISH should sill be a good buy for those willing to wait but others may want to do things much quicker again of which I do not subscribe to WSB but due to my cost basis perspective going long WISH for my next target is a no brainer for me ...
GLTA
FRAZ PCHM TRCK WKEY
DEET
WISH - Have you been involved in any other WSB ideas, or is this more based on fundamental valuation coupled with technicals?
Got everything I Wished for and given that it happened much faster than I ever anticipated, sold in the pre this morning did well now the question is it a path to devastation or the loading zone for a $22 comeback???
given I'm taking a shot here 11's I say up but with a caveat
GLTA
Wow! WISH, now I wish a Wish about FRAZ
I wish I could own a Fraztastic company with only 574,484 shares ...
I wish it was sooooo cheap with like a multi $billion dollars for under a $25M market cap that would be Frazwonerful ...
I wish they WIN, not 1 but 2 maybe multiple lawsuits each one is for $Billions ... sassaFraz win win win
The stuff of legends and Victory from the ground up 'ain't nothing like the real thing Baby'
'Song 2' Whooo whooo!!!
>>> Sevilla Distillery <<<
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162999487
Go FRAZ
Get the BUD
I Wish to provide some Pun filled commentary on Wish
I wish I could own a company that's on track to do over $3B revenue for about a $5B market cap
I wish that we are at bottom for the stock but Thinking it's close if it's not already happening
I think anyone negative on the stock at this point is just wishful thinking
I would like to see the wish unlocked shares next week remain fully divested
and I wish it will change my mind about China ADRS
boy that a lot of wishing
GLTA Go WISH
FRAZ PCHM TRCK WKEY
'I Can See Clearly Now'
' SassaFRAZ '
GLTA
Go PCHM
Parliament Funkadelic for you.
https://video.search.yahoo.com/search/video?fr=mcafee&ei=UTF-8&p=parliament+funkadelic+youtube&type=E211US105G91506#id=6&vid=9a44667ea7332d4fc6e266371c884558&action=click
And if you ever watch Breaking Bad, you will appreciate this.
The AMC short squeezes will become less and less dangerous for the shorts IMO.
Newer participants to the market see a chart and that AMC is roughly the same price today (assuming we see 30 soon) as it was in 2015 and 2017 but the business has deteriorated, and worse, the O/S is four times larger when it was trading at 30 a share five years ago.
Why participants want to live through a roller coaster, I don't know. I guess they have to experience losses just like we did.
(1) Greed is the worst emotion. (2) Don't lose money. (3) Stated best here, take their money before they take yours.
1000 we just turned 1000 posts old whoooooooooooooooooo!!!!
ConFRAZulations
I agree AMC GME the worst part is the distorted view or impression it gives the newer market participants (not that excessive short selling or naked short selling isn't a real problem)
Go FRAZ
I never view wealth creation regarding AMC. What I see is destruction of shorts on the way up and longs on the way down. I was looking at options late in the day. In the money had an implied 20% move by Friday.
In Gold and Silver, AG has the potential to be squeezed again and I'm long for other reasons. I nearly bought TLRY this week.
FRAZ
PCHM
oh Mama! see that AMC chart wow!!
Go FRAZ WKEY ROKU PCHM TRCK IBM
SPCE MARA RIOT VERI ZG AAL CCL FUBO
"The Parties are working diligently to consummate their settlement agreement and expect that the agreement will be completed on or before June 28, 2021," says a status report on the case.
https://www.bakersfield.com/ap/national/in-historic-first-swiss-firm-settles-suit-by-miami-family-over-seized-property-in-cuba/article_398e7d21-f257-54ce-b6ec-a6ccfe51dafc.html
Thanks to a surprising decision by former President Donald Trump in May 2019 allowing people to sue under the Title III provision, owners of property seized by the Cuban government can demand compensation from foreign companies in Cuba "trafficking in stolen property." The provision allows U.S. citizens to claim compensation in federal courts from any company — American or foreign — that has benefited from the use of confiscated property on the island.
Since then, claimants have been filing lawsuits against hotels, cruise and travel companies, airlines and banks, among others, accused of benefiting from business with properties that were taken by the Cuban government after the revolution.
ASR, founded in 1998 as American Sugar Refining Inc., is jointly owned by the cooperative’s 46 growers and West Palm Beach-based Florida Crystals Corp, owned by the Fanjul family of Palm Beach. ASR’s goal was to begin the large-scale refining of their raw sugar.
Today, following a series of acquisitions, the company annually ships more than 4 million tons of sugar packaged under some of the world’s best-known brands to customers in 80 countries. Its revenues are more than $5 billion a year, and it has close to 4,000 employees worldwide.
A Swiss multinational building materials company and the heirs of a Cuban family who had property confiscated on the island after the 1959 revolution reached the first compensation agreement under a US law. Since 2019, it allows lawsuits against third parties who use this type of property.
This is the first resolution of a lawsuit under the so-called Title III of the Helms Burton Act of 1996 or the Liberty Act, which was activated by the Government of Donald Trump (2017-2021).
in 1958 Francisco Sugar was $80.295 a share
https://books.google.com/books?id=8D8cAQAAMAAJ&pg=PA1362&lpg=PA1362&dq=francisco+sugar+company+FRAN+stock+price+1958&source=bl&ots=ui6x6SWcRp&sig=ACfU3U0zCLEFXvzUqUK8UkZU63ueE9Mouw&hl=en&sa=X&ved=2ahUKEwi6gOGWzOfwAhURnOAKHQgdAxYQ6AEwBXoECAUQAw#v=onepage&q=francisco%20sugar%20company%20FRAN%20stock%20price%201958&f=false
Inflation Calculator
If in 1958
I purchased an item for $80.30
then in 2021
that same item would cost: $742.02
Cumulative rate of inflation:824.1%
go FRAZ
PCHM
It was a combined $11.7M seeking $810M based on the helms burton formula for compensation and the word is they settled at $160M for a whooping 15X
https://www.law.com/international-edition/2021/05/25/in-a-first-parties-in-helms-burton-case-reach-settlement-over-property-in-cuba/
If we do that with $53.5M negotiations start at $800M ++
that's a lot of Cheddar or if you prefer Lindy cheese
BTW the firm that the defendant hired has a specialty department in mediation and settlements https://www.prnewswire.com/news-releases/rasco-klock-perez--nieto-pl-launches-mediation-group-301115471.html
Go FRAZ
PCHM
Does carlmarks.com still own 21,478 shares of FRAZ ?
page 8/9
(13) The Francisco Sugar Co.
21,478 shares of common stock.
First, Helms-Burton Reach Settlement Over Property in Cuba
An American family that once owned a vast sugar plantation in Cuba sought more than $160 million from Swiss multinational LafargeHolcim for its use of the property that had been seized in the Cuban revolution.
By Amy Guthrie | May 25, 2021 at 07:19 PM
https://www.law.com/international-edition/2021/05/25/in-a-first-parties-in-helms-burton-case-reach-settlement-over-property-in-cuba/
GO FRAZzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
PCHM
Francisco Industries, Inc. v. ASR Group International, Inc.
New lawsuit under Title III of Helms-Burton between sugar mills.
05/18/2021 | Publications | Cuban Desk
The lawsuit alleges that ASR has engaged in "trafficking" because it knowingly and intentionally profited from the assets once confiscated from the defendant through its business activity
https://es.andersen.com/en/publications-and-news/new-lawsuit-under-title-iii-of-helms-burton-between-sugar-mills-francisco-industries-inc-v-asr-group-international-inc.html
Cake - The Distance
Ground Control to Major... WKEY ??
recap https://www.globenewswire.com/news-release/2021/05/04/2222639/0/en/WISeKey-to-Launch-its-First-Ever-Non-Fungible-Token-NFT-from-Space.html
boldly go where no man has gone before ....
TSLA
ROKU
AMZN
SPCE
English: "AS Just One Example" = More than once
so the body of evidence is not just the one incident on or about July 27,2016 it includes also and others in the Plural
From 92 page complaint:
30. As just one example, on or about July 27, 2016, ASR knowingly and intentionally purchased a shipment of cane sugar that all presently known facts suggest derived from Francisco’s confiscated assets north of Guayabal. Francisco’s arable land, as well as sugar
produced by that land, constitutes confiscated property as defined by the Helms-Burton Act. AZCUB@, an alter ego of the Cuban government, maintains a monopoly on all aspects of the sugar business in Cub@. AZCUB@ is as trafficker according to Helms-Burton because it “possesses”, “manages”, “uses” or “holds an interest in” Francisco’s sugar growing land, and it engaged in “a commercial activity using or otherwise benefitting from confiscated property” when it sold Francisco-grown sugar
21. ASR also had actual knowledge of Cuba’s confiscation of Francisco. ASR executive José F. Fanjul, Jr.’s father has owned 3,989 shares of Francisco for many years.
The Fanjul’s added, “Had the lawyers conducted the slightest diligence, as required by ethical and federal court rules, they would have known their allegation that ASR Group purchased sugar from Cuba was false. The Fanjul family, like many Cuban Americans, lost everything as a result of the Castro regime. To falsely accuse the Fanjul family or any of our affiliated companies of violating the embargo with Cuba is offensive, even more so coming from fellow Cubans.”
“We provided the lawyers with public records demonstrating that ASR Group did not make the purchase of Cuban sugar they cite a week ago, and they have not dismissed the complaint, leading us to believe that their conduct is malicious and aimed only at tarnishing the reputation of ASR Group and the Fanjul family,” concluded the statement.
any down days are the ones to buy on like you did today
bigger down days are even better
hoping for 2x on this stuff, it could be higher.
Momentum'
A bipartisan bill introduced by Senators Bob Menéndez and Marco Rubio, the highest-ranking Cuban-American members of the Democratic and Republican parties respectively, seeks to prevent US courts from recognizing trademarks "stolen by the Cuban regime."
The law, presented in both chambers, seeks to "protect the rights and interests of businessmen who had their assets confiscated by the Cuban regime."
It is believed that it will directly affect brands such as Ron Havana Club, a brand bought by Bacardi from its owners that was confiscated by the Fidel Castro regime.
Under the No Stolen Trademarks Honored in America Act bill , promoted by legislators, the state-owned Cuba Ron and its commercial partner, the French Pernod Ricard, would be prohibited from using the rights related to Havana Club, since the Cuban government had confiscated it. illegally.
According to the offices of both senators, the law wants to prevent the United States courts “from recognizing, enforcing or otherwise validating any assertion of rights by a person on a trademark that has been used in relation to a business. or assets confiscated by the Cuban regime ”.
to have it resolved would remove a huge roadblock in these kinds of plans
https://www.agweek.com/news/government-and-politics/7036571-Living-in-the-past-is-not-the-answer-Sen.-Amy-Klobuchar-pushes-to-reopen-trade-with-Cuba
and I don't think they care who pays for it as long as they can get rid of this kind of resistance a FRAZcisco win or settlement would go a long way to getting things moving in their ambitions to trade
https://www.marketscreener.com/news/latest/Klobuchar-Moran-Leahy-Introduce-Legislation-to-Lift-Cuba-Trade-Embargo--33313757/
let me know when you think the dip in PM's and related stock looks attractive enough
the question I keep asking myself is who could divulge such information
without incriminating themselves without having a deal in place I mean I go over and over it in my mind they(the three nonparties) ratted out the other sugar guy there is no other way IMO
https://www.pacermonitor.com/public/case/40088263/Francisco_Industries,_Inc_v_ASR_Group_International,_Inc
92 page complaint FRAZcisco VS ASR Group International INC.
https://static1.squarespace.com/static/563a4585e4b00d0211e8dd7e/t/609a8b34ba4a615b8fde3301/1620740922302/merged_95440_-1-1620731595.pdf
GLTA
TRCK would be well served by uplisting to Nasdaq
they are just about there hop skip and a stones throw away
how it trades $5 below is baffling
I really think some of these Niche players on the need to band together under one umbrella
the prison of the future will have no bars
24/7 surveillance monitoring bagging and tagging
PCHM BLOZF GEO PMD AXON
SOOOOOOOOO far from finished
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163283941
sugary buyer lurking not showing size but I know you can feel it...
if you've read the 92 page complaint<<<
there are 3 Non-parties
9. AZCUB@, a nonparty to this case, is an alter ego of the Cub@n Government.
AZCUB@ is a state-run monopoly that “possesses”, “manages”, “uses” or “holds an interest in”
all of Cub@’s sugar growing land, including land confiscated from Francisco.
10. Empresa Terminales Mambisas de la Habana (“Mambisas”), a nonparty to this
case, is an alter ego of the Cub@n Government. Mambisas presently “possesses”, “manages”,
“uses” or “holds an interest in” all of Cub@’s ports, including the Port of Guayabal.
11. Corporación Azucarera del Perú, S.A. (“Coazucar”), a nonparty to this case, is a
Peruvian sugar company. Coazucar served as consignee for a shipment of Francisco-grown sugar
exported from the Port of Guayabal to ASR’s refinery in London, United Kingdom.
wouldn't it be Interesting if ASR Group(knowing they've been played by the AZCUB@) would want to buy open market FRAZ to lessen the impact of their losses better to try a hostile take over for 50-60-100M then to loose a life time of achievement $B's
FWIW 'there I go me and my out loud thinking
FRAZ oh' It's ON
PCHM
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |