American Business Corporation (ARBU)

[Zardiw]

Yup......I screwed up big time....SO Sorry to everybody that got involved

z

[Mikemurphy55]

Another scan pos for this summer get out while u can still sell over a penny

[ChartShark28]

I am well aware of that broski ;P

[ChartShark28]

Lets get this baby back to .20s! :) we can do this. Great stock run today. Still time to load up before the massive buy wave at 3

[SilentSniper]

Haha the cesspool of the OTC

[@WhaleXpress]

false alarm

[Zardiw]

Yes.......I just found out........So sorry guys...et z

[DaleG]

Wrong co. dude $ARBU is not American Business Services, Inc. which is the co. listed on the 8k you linked to.

[castisos]

Nice ticker

[SilentSniper]

NITE soaking up shares on the bid

[@WhaleXpress]

CONGRATS TO THOSE IN ALREADY WE ARE EARLY :)

[SilentSniper]

Hmm this looks interesting

[Joeyohso]

WOW HUGE FIND, keep up the good work and DD

[The Claw]

In May Smith reached an agreement with Sinopoly Battery Limited, a Hong Kong based battery manufacturer which aims to raise $40 million for the firm.[52][53]

On 9 June Smith launched the first all electric commercial truck in Italy. This Italian version of the Newton was delivered to Niinivirta Transport S.p.A. at a ceremony in Milan.[5

Smith could be profitable selling just 500 made-in-Kansas-City Newton box trucks and step vans a year, and Hansel said it wants to concentrate on making the numbers there before it builds its new plants in the Bronx and Chicago. “We’ll be starting the Kansas City line back up mid-summer,” he said.

Sinopoly gains a major U.S.-based customer for its batteries, but in some cases where “Buy America” rules are in effect, Smith will have to shop elsewhere. Sinopoly may also make some electric truck parts at its plant in Hangzhou. Sinopoly now owns what Hansel calls a minority position in Smith; the CEO said that the company’s biggest investor is Potomac Energy Fund. It should be noted that Sinopoly has had some financial challenges of its own. (You can read all about them here.) The company's LIFePO4 cells have been popular with EV converters because they're relatively cheap and reliable.

Smith is still keen to become a public company, after one failed attempt in 2012. It said then it was turning to the private sector, and the Sinopoly investment seems to have emboldened the company for a second bid. “It certainly is our plan to be in the public markets,” Hansel said. “We want to be on a major exchange.”





Read more: http://www.mnn.com/green-tech/transportation/blogs/smith-electric-keeps-on-truckin#ixzz37B17RJhn

[SlapdatAsk]

MONSTER 8K out ARBU going $2+

Smith Electric Vehicles went public: http://www.smithelectric.com/
8K: http://www.sec.gov/Archives/edgar/data/1532882/000141588914002108/abs8kjuly102014.htm
Seller: http://www.venturevest.com/biography.html
Buyer: http://www.smithelectric.com/about-smith/management/bryan-hansel/

Common shares ALIVE after Ch11:

common shareholders to receive one New Share for every 100 common shares cancelled under the Plan

The Company's plan was confirmed by the Bankruptcy Court on October 26, 2007. The terms of the Plan provide for the Company's creditors to receive one share of newly issued common stock (New Shares) for every dollar of allowed claim expunged, preferred shareholders to receive ten New Shares for each preferred share cancelled, and common shareholders to receive one New Share for every 100 common shares cancelled under the Plan. Following the distribution provided by the Plan, the Company's 69,870,517 common shares outstanding will have been replaced with approximately 25,000,000 New Shares. The accompanying interim financial statements have not been adjusted to give effect, retroactively, to the Company's confirmed plan of reorganization.

[The Claw]

$ARBU <<<< ALL CREDIT GOES TO ZARDIW>>>

Merger looks like folks didnt see a huge company like smith moving in


ARBU Quick DD: Smith Electric Vehicles went public: http://www.smithelectric.com/
8K: http://www.sec.gov/Archives/edgar/data/1532882/000141588914002108/abs8kjuly102014.htm
Seller: http://www.venturevest.com/biography.html
Buyer: http://www.smithelectric.com/about-smith/management/bryan-hansel/

Common shares ALIVE after Ch11:

common shareholders to receive one New Share for every 100 common shares cancelled under the Plan

The Company's plan was confirmed by the Bankruptcy Court on October 26, 2007. The terms of the Plan provide for the Company's creditors to receive one share of newly issued common stock (New Shares) for every dollar of allowed claim expunged, preferred shareholders to receive ten New Shares for each preferred share cancelled, and common shareholders to receive one New Share for every 100 common shares cancelled under the Plan. Following the distribution provided by the Plan, the Company's 69,870,517 common shares outstanding will have been replaced with approximately 25,000,000 New Shares. The accompanying interim financial statements have not been adjusted to give effect, retroactively, to the Company's confirmed plan of reorganization.


http://www.sec.gov/Archives/edgar/data/1532882/000141588914002108/abs8kjuly102014.htm

[EmptyBones]

Too many p/r's REDFLAG, leads to SEC suspensions just like others who got shutdown... Caution !!!!!..

[kranthikumar]

ARBU is up by 150%

[Aduke]

WOW! Very impressive reverse split history.

[JetLifer]

Any updates on this stock?

[Stock]

ARBU < 1-for-100 r/s < AMBC < LMRI < 1-for-100 r/s < USTK < 1-for-160 r/s < NODC

NAME/SYMBOL CHANGES
DL Date Date Old Symbol/Name New Symbol/Name
9/4/1998 9/8/1998 NODC** Northern Dancer Corporation USTK U.S. Trucking Inc (1-160 R/S & N/C)

SYMBOL CHANGES
DL Date Date Old Symbol New Symbol/Name
8/23/2000 8/25/2000 USTK** USTKE U S Trucking Inc
11/27/2000 11/29/2000 USTK** USTKE U S Trucking Inc

NAME/SYMBOL CHANGES
DL Date Date Old Symbol/Name New Symbol/Name
2/9/2001 2/12/2001 USTK** U S Trucking Inc LMRI Logistics Management Resources Inc (1-100 R/S)

SYMBOL CHANGES
DL Date Date Old Symbol New Symbol/Name
4/19/2001 4/23/2001 LMRI** LMRIE Logistics Management Resources Inc

NAME/SYMBOL CHANGES
DL Date Date Old Symbol/Name New Symbol/Name
6/25/2004 6/28/2004 LMRI Logistics Management Resources, Inc. Common Stock AMBC American Business Corporation Common Stock

DIVIDENDS
Record Date Symbol Company Name Dividend Type
AMBC American Business Corporation Common Stock Reverse Split

SYMBOL CHANGES
DL Date Date Old Symbol New Symbol/Name
4/19/2005 4/21/2005 AMBC AMBCE American Business Corporation Common Stock

SECURITY ADDITIONS
DL Date Symbol Company Name Effective Date OATS
Reportable
Flag Comments
5/20/2005 AMBC American Business Corporation Common Stock 5/23/2005 From BB (AMBCE) **

NAME/SYMBOL CHANGES
DL Date Date Old Symbol/Name New Symbol/Name
1/10/2008 1/11/2008 AMBC American Business Corporation Common Stock ARBU American Business Corporation New Common Stock 1-100 R/S **

----

http://www.otcmarkets.com/stock/ARBU/company-info

Current Capital Change
shs decreased by 1 for 100 split
Pay Date: Jan 11, 2008

Company Notes
Formerly=Logistics Management Resources, Inc. until 6-04
Formerly=U.S. Trucking, Inc. until 2-01
Formerly=Northern Dancer Corp. until 9-98

Security Notes
Capital Change=shs decreased by 1 for 160 split. Pay-date=9-8-98
Capital Change=shs decreased by 1 for 100 split. Pay date=2-9-01

[Carlito]

yeah , hope we get more eyes in this 1

[lifegear]

more than average volume should send this to dollars, just 1k shares knocked off .08 ask today

[lifegear]

Oxygen Unlimited is not an old name of the company, I've checked their company name history on pinksheets

Oxygen is also a Kentucky based company like ARBU

[Carlito]

Wow ,nice find !!!

[lifegear]

have you seen this? http://www.manta.com/company/mm84zn7

[Carlito]

I know very small, just need Volume

[Carlito]

06 x08 nite
.09 pert
10,01 doms ) i like him


gl

[lifegear]

Weekly Chart...

[lifegear]

finally in stockcharts...

[lifegear]

is your level II showing 2.00 ask like ihub?

[lifegear]

where can you find a 699k o/s shell like this that just came out of chapter 11? creditors agreed to a valuation of $1 per share for each dollar they're owed after chapter 11 and 100 to 1 r/s

[Carlito]

Oef ! about time

[lifegear]

some volume, less than 1m o/s with merger plan

[Carlito]

I ask the same.
@ least no1 selling

[lifegear]

when is this going to wake up? they valued the shares at $1 pps in exchange for every dollar the creditors are owed

[lifegear]

nasty bidwhacker again

[Carlito]

.06,,
250 bid nibbleeeeee


Slap that Askkkkkkkkkk

[lifegear]

when you start hitting the ask lol

[Carlito]

When we gonna flyinggggggggggggggggggggg????????????

[Carlito]

06 X07 Nite x pert

[lifegear]

any change in level II lately?

[Carlito]

04 x 07 , grrrrrrrrrrr
need ask slaps hereee

[Carlito]

mmmmmmmmm I like that ;
So the Only Way = Upppppp

[lifegear]

no shares left below ask I suppose

[Carlito]

Time to slap the Ask?!

[lifegear]

wow bid upticking?

[Carlito]

07 x09

[lifegear]

I was hoping the pps would stay low for awhile to buy some more

I wonder if there's news next week

[lifegear]

who did?