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Another announcement on ELGL. They formed a partnership with a comic book company.
https://www.globenewswire.com/news-release/2024/03/06/2841520/0/en/Scout-Comics-Entertainment-Inc-Announces-Partnership-with-Element-Media-Global-a-Wholly-Owned-Subsidiary-of-Element-Global-Inc.html
I missed it at the time but just read it on your advice. I'm not sure what to make of it with regard to BFNH. It is clearly the same industry and Kaiser is a well informed and well respected as far as I can tell, CFO IR type. BRVO just acquired something called TVee NOW which will, it seems, be their streaming platform. Since Kaiser is in both companies, it certainly could be there is some plan for the companies to work together. Nice find lifttruck.
Brooklyn, did you see the May 2023 press release on BRVO? It introduces the new people taking over.
In the paragraph on Kaiser, it says something very interesting. There is a sentence stating matter as fact, about are merger/acquisition.
Seen it last year but thought worth mentioning.
Somebody just bought a thousand shares of bfnh. Was it something I said? lol.
About two years ago BFNH and ELGL signed a MOU for BFNH to acquire the assets of ELGL for stock. No details on the amount of stock were provided. There have been no details since, but the companies now have the same management and BOD. So it seems the deal is still on. The announcement that there would be no reverse split was the first publicly announced verification that the deal is still on. It also possible indicates that the deal is close to closing, but what close means is up for debate.
Also, this announcement referred to the deal as a merger, the first time as I recall that it's been called a merger instead of an acquisition of assets. This is a technical distinction that may make no difference as to it's effect on us, but it is something to be noted.
As to the distinction: see https://www.genesislawfirm.com/asset-acquisition-stock-purchase-and-merger-structures#:~:text=Asset%20Acquisition%3A%20the%20buyer%20buys,combines%EF%BF%BD%20with%20the%20business.
What is the connection between ELGI and BFNH? Thanks
Good to see news …. Any news !!!
News out from ELGL. No reverse split necessary for the merger. The fact that they used the word merger is significant and that they are out with news. Maybe something is coming.
https://finance.yahoo.com/news/element-global-inc-provides-shareholders-173300114.html
I’ve been watching this ticker for some time. It hasnt moved much at all. Can anyone say what this company does or provide a link to some info on oil?
TIA
Steven Gagnon is still listed as co-ceo and signed the latest K filed in November, so that's good. He is also co-CEO of ELGL and listed as the founder and CEO of Element International which is a sub of ELGL. So he's still there. The WSJ also lists LaViolette and Sasha Shapiro as still there, but that's from two years ago. They're all still officers and directors of ELGL also, so it seems still alive. But when anything will happen is anyone's guess
It has a pretty high market cap for a shell company. Who's keeping it afloat?
any chatter on this POS? Will save a second post regarding ELGL. Merry Christmas.
Who are you "hearing" this from ?????????????
IB_
NSS, when was the last time you checked the website? I haven't every looked at it so I just wondered if the under repair message was definitely new.
I have no idea what is going on. Yes, this has been going on for years. I don’t even know what to believe anymore. The majority of my money is stuck in PRED, so I’m hoping they will get their act together sooner than later. I have lots of friends and family stuck in ELGL and PRED. Either we have been lied to all of these years or ELGL will trade on this ticker in my opinion.
Dj - you've been here a long time........
Does anyone really know what is going on.......if ELGL has all the assets as has been implied for a long time, I don't understand why an S-1 or a new public company was not created for these assets. The only reason we talk about BFNH (or why anyone reads this board) is because it is held by the same people that hold ELGL.............
People have been told and given a lot of information over the years. Everyone watching these boards hope that something good happens with ELGL,
I just noticed today, that the www.elementglobal.com website is suspended? Prior to my looking today, I did notice that the copyright was updated to 2023 prior to what I found today. Normally defunct companies don't update the copyright at the bottom of their web pages. (maybe just under maint)
https://www.elementglobal.com/cgi-sys/suspendedpage.cgi
Dj - you've been here a long time........
Does anyone really know what is going on.......if ELGL has all the assets as has been implied for a long time, I don't understand why an S-1 or a new public company was not created for these assets. The only reason we talk about BFNH (or why anyone reads this board) is because it is held by the same people that hold ELGL.............
People have been told and given a lot of information over the years. Everyone watching these boards hope that something good happens with ELGL,
I just noticed today, that the www.elementglobal.com website is suspended? Prior to my looking today, I did notice that the copyright was updated to 2023 prior to what I found today. Normally defunct companies don't update the copyright at the bottom of their web pages.
https://www.elementglobal.com/cgi-sys/suspendedpage.cgi
Time keeps ticking away, and nothing happening. What a pity! Beyond ridiculous
When will Pred start trading again?
Thank's anthazar. Doesn't look like anything new in the Q. More waiting.
I'm here. Price went up since you posted. That seems like a good sign too.
Hello. Anyone out there?? Both boards so quiet. I will take that as a good sign.
Please post any updates on Pred, as you seem to be the messenger.
Thanks
Only posting because I see some message board life...........which surprised me so many of the old holders are still here and watching. Has it really been 10+ years now?? Wow - time flies - still own a few hundred K of ELGL, but cannot buy it.
Haven't been keeping up on BFNH or ELGL boards in a long time..............now this is BFNH board, but I really reference ELGL - because ELGL is the one that "supposedly" has the value.......
I did notice some ELGL shares trade at 5 cents a while back. Still see a 0.0105 / 0019 bid/ask for ELGL (but last 0.0001 - which means I show $0 in my account, just like the rest of you)...........no idea what is accurate anymore.
===============================================
Just as a side note, I saw Merle sold BRVO pubco stock for $600k - I guess going rate of pubco these days is $600k.
================================================
Old Post on why we even look here here
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Re: post# 24257 0
Post #24258 of 24275
(Excerpt from old post)
The people associated with ELGL, would they do improper things with ELGL? Why would anyone jeopardize a lifetime of success and not represent the value of Element:
- John LaViolette
- Sasha Shapiro
- Steve Gagnon
- Gary Lewis
- Merle Ferguson
What's new? People, mining, money, studios, website
ELGL People
https://finance.yahoo.com/news/bravo-multinational-inc-appoints-four-133000430.html
ELGL People added to Board of Directors
https://finance.yahoo.com/news/bravo-multinational-inc-elects-three-133000857.html
The People
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156983990
Mining
https://www.globenewswire.com/news-release/2019/08/22/1905593/0/en/Element-Global-Inc-s-ELGL-Subsidiary-Element-Global-Mining-Enterprises-Announces-Strategic-Plan.html
The Money
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152952185
This video is so good, media.
https://vimeo.com/444720424/5a4bcd908b
New Website
www.element-mediagroup.com/index.html
Original Website
www.elementglobal.com
Only posting because I see some message board life...........which surprised me so many of the old holders are still here and watching. Has it really been 10+ years now?? Wow - time flies - still own a few hundred K of ELGL, but cannot buy it.
Haven't been keeping up on BFNH or ELGL boards in a long time..............now this is BFNH board, but I really reference ELGL - because ELGL is the one that "supposedly" has the value.......
I did notice some ELGL shares trade at 5 cents a while back. Still see a 0.0105 / 0019 bid/ask for ELGL (but last 0.0001 - which means I show $0 in my account, just like the rest of you)...........no idea what is accurate anymore.
===============================================
Just as a side note, I saw Merle sold BRVO pubco stock for $600k - I guess going rate of pubco these days is $600k.
================================================
Old Post on why we even look here here
------------------------------------------------------------------
Re: post# 24257 0
Post #24258 of 24275
(Excerpt from old post)
The people associated with ELGL, would they do improper things with ELGL? Why would anyone jeopardize a lifetime of success and not represent the value of Element:
- John LaViolette
- Sasha Shapiro
- Steve Gagnon
- Gary Lewis
- Merle Ferguson
What's new? People, mining, money, studios, website
ELGL People
https://finance.yahoo.com/news/bravo-multinational-inc-appoints-four-133000430.html
ELGL People added to Board of Directors
https://finance.yahoo.com/news/bravo-multinational-inc-elects-three-133000857.html
The People
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156983990
Mining
https://www.globenewswire.com/news-release/2019/08/22/1905593/0/en/Element-Global-Inc-s-ELGL-Subsidiary-Element-Global-Mining-Enterprises-Announces-Strategic-Plan.html
The Money
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152952185
This video is so good, media.
https://vimeo.com/444720424/5a4bcd908b
New Website
www.element-mediagroup.com/index.html
Original Website
www.elementglobal.com
I am sure you are still reading comments on this board. You said you were gone, but it’s hard for me to believe that you have just walked away. You make such a bold statement, but I don’t see any facts whatsoever backing it up. If you are reading this, please back up your statement by facts. Otherwise, it’s just a worthless statement
All of your past posts were very positive. Could you please share what, if any, information you have obtained that has changed your view. Thank you.
I thought that was the implication. A cesspool being a criminal type enterprise. I may have been wrong. In any event, I think it is legit, but I don't know what is going on behind the scenes.
I read his post as meaning that he and other shareholders have been selling substantial shares, not Merle.
Please correct me if I’m wrong and give me your insight. Having said that, someone is buying all those shares that are being sold. PIW doesn’t really give any facts in his post. I would like to know any hard evidence he has. It sounds like more emotions, that he is tired of waiting.
Thanks Brooklyn137 for your input !!!
PIW's claim that Merle is selling is doubtful for at least two reasons. First, there two SEC filings of his disposing of shares, neither of which were done in the open market. They were transactions on 9/30/22 and 12/13/22. Both were gifts from a company that he is an executive officer of to a non-related person. Therefore the gift was from a company which he has indirect control of. The amounts were 20,000 and 10,000 shares respectively. As an officer and a ten percent holder of bfnh, he has to file every sale, which he did here, immediately after the transfer.
Second, in the months before the recent sales, starting on March 20, which PIW says are his sales and others he knows, the volume was so low that it would be impossible for anyone to sell enough shares to make any meaningful money. Less that a million shares were traded between July of 2022 and March 20 of 2023. Ferguson is listed as the owner of 16 million shares directly and almost 2 million indirectly through a company called Trade Exchange International. At about 2 dollars a share, this is about 2 million dollars if Ferguson sold all those shares. Hardly an amount worth risking jail for.
I have no idea if this company will make it or not. But the claims that it is a cesspool are unfounded, IMHO.
You have gotten a bad name on these boards. Can you prove them wrong?
What’s really going on here? What’s going on with PRED? This is people’s hard earned money, waiting for answers. Can you give any insight whatsoever?
You see nothing for a very real reason.
There's very much a reason why some of us have begun selling substantial shares.
Run.
My final post on any of these boards. Don't bother responding to my post. I'll be gone.
I'm getting out of this cesspool, and taking back control of my life.
Good luck to those of you who still have a soul. Many of you do not.
I have faith in Merle, that he will help bring PRED back to life. Having said that, since you live so close to the office, why don’t you walk in there and speak to Brad Robinson personally and see what he has to say. I am very heavily invested also. Any clarity would be helpful.
with all due respect to my $300K in losses and living only 20 minutes from the non running entity with one employee (Brad Robinson), please put forth some facts for the group as to why/how this will trade again. As a side note , you wont get any facts out of Anthazar.
You know nothing
I’m hearing that Pred will trade again. They did not sell all of their assets.
you will never see PRED trade again. My assumption is that it will get turned into a shell as Brad has sold off assets. He can then attempt another scam, roll into his shell and wipe out all shareholders.
When do you expect PRED to start trading again? When can we expect some filings? When can we expect anything? This has been devastating for shareholders. I would appreciate a reply.