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I found something interesting that I don't think has been shown on here before. Do me a favor and post it for everyone when you find it. (I am currently on a public computer because I am on the road) go to promethiuscapital.com homepage and click on recent transactions. It will take you to a page of different transactions this company has undersigned. Click on the one that says Select Staffing at the top and when you come to the document post it on the board for all to see. It should put to rest any doubt that Select Staffing acquired Butler International. Only a matter of time here people. Patience will pay off big time.
Thanks. Have you checked out VIGS lately. RM should be around the corner, and a lot of activity there.
PRUDENT, How are ya? Hope all is well. Listen I came here to send you a message because I don't have a private account and didn't want to go to where you have been active. Check out OTGI and let me know what you think. Its a Lithium play that is at .27 cents BUT it looks like a feeding frenzy could take it over. Good luck just wanted to pass it along. I'll be in butlq (STUCK) Until a RM I hope :)
NEWS RM!!!... Is what you will see one of these days way down the road.... Hopefully :)
LOL....maybe a good idea for now. Nothing happening here until filings hit. I always keep an eye out for heavy buying also. Nothing has changed with this one, it will just take time.
Exactly....and that is the gamble here. Most Q's are junk and pure momo plays, I only know of a few Q's that have potential for a huge payoff long term and BUTLQ could be one of them. Never invest more than you can afford to lose, but you are right...with what we know it is a good possibility that Select Staffing will RM using this shell. Great potential here.
One thing is for sure about BUTLQ.........
WE as in the general public have no Idea what to expect. HOWEVER,
look at it like a lottery ticket if they post a PR that states Select staffing will complete a RM into BUTLQ to gain access to the stock market it WILL BE TO LATE to ever buy at this price that is a FACT. BUT again it is only an IF at this moment unless someone out there knows???
Maybe a big run by end of week...
It's a Q
BUTLQ
Good move samples, that's the only way to make it here. That's how Q has proven to be a money maker for me.
Keep up. I was in and out of BUTLQ long before I stopped posting.
Made over 2K thanks to the Weak!
Yup! These Markets are for making money, not friends.
Imagine That~
jaydubs: I wondered where you were these days after that P&D circus over on the NXPSQ board a few weeks ago. I appreciated your last post over there in reply to my last post. And, funny how I followed several of the active posters there to another board that is also a dormant shell on the verge of a huge RM (VIGS). These can be hugely profitable, but I agree with you that they are also just a lottery ticket. If the RM doesn't come about they are tough.
Well let's just say that being a lawyer myself would know that to be untrue, OR the person writing the e-mail (IF) true would be a huge idiot because they could open themselves up to litigation. No response with ANY info other than a one size fits all response is allowed. This is a shell and we all know it. Therefore it is a lottery ticket. IF BUTLQ is used as a RM to a company this would explode in price per share, IF NOT then it is what it is.
The only email I recall was from the trustee attorney of the estate. He gave a generic response regarding BUTLQ that a typical attorney would give, Nothing negative as I can recall. You are right when you say do your own DD however....because we had a poster on here who claimed he had spoke to the company several times (I believe he must've been bipolar) and gave completely different stories each time. As far as doing my own DD goes, my own DD shows this is a VERY promising shell play out of chap 11. Yes, there was a pump and dump....people thought this was another Q of the moment play, I think it is something more for people that care to do the DD rather than be an impatient Q flipper. Time will tell if i'm right.
The email received (probably about 5 days give or take) from the company assigned administration of the shell gave an overall 'negative' RM opinion. That pretty much killed the momo and thus also reminded everyone to do their OWN DD.
BUTLQ was a typical pump and dump. All hype and no substance. I can't believe how high it traded. Now it's like crickets onthis discussion board, as the stock has returned to the subpennyland where it belongs until a Reverse Merger is initiated (whenever that might be).
Basically BUTLQ is back at same PPS before that big run.
Until we get Reverse Merger news this is what it sounds like.
LOL Grab the paddles and SHOCK this thing man LOL
someone call 911 weve flatlined beep beep beep. lol.calm before the storm
No doubt, we're ready to rock again.... IMO
PEOPLE= "MM's"... These pinks and pennies are totally controlled by the MM's... They have a fixed crap-game !!!!!
People are slowly trying to get back into this play, its always been hard to get filled in this one. Is something going on, does someone know something.... if we can cross over a penny, that`s a huge strength signal
Could it be that we're back in play ??????????
LOL...let me say it again...LOL! The great Q scam of 2011 has taken its toll. Brilliant for the group that engineered it.
All of the DD is done. I believe there are still many, many strong hands holding. Maybe a few of the "Q to the next Q" Ihub players thought this was just a flip but make no mistake about it....this has potential to be an awesome long term play once we see more material events take place.
well the "alls quite" could be a good sign -I think you are right about about throwing some lunch money at it at this price and wait it out -
A few of us on here have been wondering for a while now why the Q has'nt dropped off since the dismissal. As far as financials/revenue filings, Butler International was acquired by Butler America (which is owned by Select Staffing). So what we have is a wait and see game. We also know now that back in late '09, Select Staffing themselves had signed a letter of intent to acquire all of the stock of Butler International. I think Select wanted to use BUTL back then to go public but for some reason the deal never happened. Now they acquired the shell and assets of Butler in chap 11 (BUTLQ may have went to chapter 7 otherwise) I wish I knew what the holdup was. I have emailed several people at Butler America and Select Staffing but received no replies. I still think it will happen when people least expect it. The Q dropping off may be nothing but a few minor legality details.
you are the wise one here -why the Q and did they cease business after the dismissal or go back to work - no financials or revenue ? did they shut down after the dismissal -very strange indeed - free shares was a great play on your part -
I really don't know if anything is wrong. A year really is'nt that long IMO. There could still be some minor issues they have to take care of with the shell before going public. It also takes time to get all of the filings in order for the SEC when preparing to go public. Like I have said before, I've seen shells dormant for years pop out of no where and become thous of percents gainers. In that respect, a year is'nt that long. At least we know who owns the shell and we also know they want to go public. At this PPS, throwing a little bit of lunch money at it would'nt hurt IMO. I'm still riding free shares here so I will let them ride to the end. Sure as heck am not going to sell down here.
a year ago ? may of 2010 something is wrong here
Can't answer that BUT you or anyone else on here can contact the lawyers listed in the BK case I'm sure they will respond to you as they did me.
Read post 901. Hdogtx dug up the filing a while back.
why is there no court document showing the dismissal ? they do document everything that happens in a court romm you know
She was a source for nothing of mine. I e-mailed 2 lawyers that worked this case and it is in fact dismissed. However that doesn't mean it will blast off either unless there is news or a RM down the road.
I hope she was not the source on the "I talked to the attorney and the case is dismissed" BS
She was done PUMPING here anyway. Just click on TANA TRUMPS Name and you will see she is busy PUMPING something else. These PUMPERS are easy to spot once they start CHEERLEADING LIKE she did with this stock, Just follow her trail and YOU WILL SEE People like her or whoever the hell it is PUMPS something NEW every other day.
One of the old mod(Tana Trump) got suspended until 05/07/2011 12:58:01 PM
the mod being one of them --I guess the dismissal was just another rumor
so good to hear that only a few sacs hold .055's, .065's and .069's and didn't get caught in this classis pumpfest.
However not many people paid that high a price, so it's better to say a slide from 3 cents to a cent....and most got out well before that so I wouldn't say people lost all that money... most bought in the 2 cent range and probably will see that again at some point...
I've been in a stock that fell from .035 to .0011, and that was bad - thankfully, some value is being returned to us there.
BUTLQ's drop from .07 to .0091 is epic and, unfortunately, this doesn't look like anyone will get any value back.
But, I still hope this works out for the good guys here.
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Business Name: | Butler Services International, inc. / Butler America |
Tax ID: | 061181282 |
Bankruptcy Case #s: | 09-11914-KJC, 09-11915-KJC, 09-11916-KJC, 09-11917-KJC |
Judge: | Honorable Kevin J. Carey |
Trustee: | Thomas Patrick |
Ch. 11 Filed: | June 1, 2009 |
Disposition Dismissed: | May 27th, 2010 |
Closed On: | June 10, 2010 |
Bankruptcy Attorney #1: | Jeremy William Ryan E-mail: jryan@potteranderson.com Full Profile: http://www.potteranderson.com/attorneys-111.html Telephone: (302) 984-6108 |
Bankruptcy Attorney #2: | Jamie L. Edmonson (Associate Bayard Law) E-mail: jedmonson@bayardlaw.com Full Profile: http://www.bayardlaw.com/jamie-edmonson.htm Telephone: (302) 429-4234 |
Bankruptcy Attorney #3: | Justin R. Alberto (Associate Bayard Law) E-mail: jalberto@bayardlaw.com Full Profile: http://www.bayardlaw.com/justin-alberto.htm Telephone: (302) 429-4226 |
Bankruptcy Attorney #4: | Attorney: Charlene D. Davis (Director Bayard Law) E-mail: cdavis@bayardlaw.com Full Profile: http://www.bayardlaw.com/charlene-davis.htm Telephone: (302) 429-4212 |
Butler International, Inc. (Butler), incorporated in 1985, provides outsourcing, project management and technical staff augmentation services that are performed onsite at the client's facility, offsite at a Company-owned facility, or offshore at Butler's facility in Hyderabad, India. Butler offers capability in technical, information technology (IT), and telecommunications disciplines, including engineering design support primarily used for aerospace, defense and heavy equipment manufacturing; software applications development and implementation; enterprise network design and implementation, and telecommunications network systems implementation. Combined, aerospace/aircraft and defense are Butler's largest vertical industry segments.
Butler has served companies in industries, including aircraft, aerospace, defense, telecommunications, financial services, heavy equipment and manufacturing. In July 2009, the Company announced that it had completed its previously announced sale of substantially all of its non-publishing assets to Butler America LLC.
Anything said In this informational box is factual. With that said, we can not account for anything anyone says in the posts below. Please only cater to verifiable information we have posted below. That will distinguish us from other boards. Providing a high level of quality information that is easily verifiable is our goal. We have a mature crowd and do not encourage speculation without cold hard facts, telephone contacts, proof of statements, fax scans, etc. Please do your DD and stay on top of ours.
Updated information will be posted below either in the "sticky section" directly above board posts or below here. We encourage you to be truthful and honest in your research and never to post anything without verifiable data. Here's some DD to start you off:
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