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I don't know if the selling today was MM games or not - not that I'd be surprised by that. But a lot of folks who bought around .0003 and .0004 probably sold. I'm in at .0007 and am going to hold for a while.
I managed to find one semi-direct link, as follows, between Captain Bob MacKinnon (who's been doing much of the exploring apparently) and SVXP (Effective October 17, 2005, Robert D. Baca was appointed Chief Executive Officer and President of the Company, and Curtis R. Sprouse was appointed Chief Operating Officer of the Company)
********************************
Read this article and note paragraph in bold:
C.B. wreck hunters reveal treasures Riches worth hundreds of millions in waters near Sable Island
Monday, November 15, 2004 By TERA CAMUS
MAIN-A-DIEU - A share of sunken treasure recovered off the coast of Cape Breton this summer was handed over to the province Friday.
Officials with Le Chameau Explorations Ltd., a treasure hunting company based in Cape Breton, delivered dozens of precious gold, silver and copper items, including coins, sword handles, silverware, crosses and pieces of ships. The items were recovered during the summer from several wreck sites off Cape Breton and near Sable Island.
"These wrecks are worth hundreds of millions," a soft-spoken Capt. Bob MacKinnon of Le Chameau Explorations said last week in his lab.
Nearby, staff and marine archeologists quietly and carefully packed the goods recovered so far for shipment.
The treasure was discovered in 2002 from an area that some treasure hunters have called the richest shipwreck site in the world.
Mr. MacKinnon said parts of Nova Scotia's coastline are among the richest in the world based on the number of wrecks, estimated to be in the thousands.
The province takes a 10 per cent share of all goods recovered from such wrecks. Le Chameau Explorations and its shareholders get the rest to sell at auction houses, mostly in Europe or the United States.
This summer's find included newly minted New England gold coins from the 1700s. The coins, the size of a loonie, were found near a French wreck containing gold coin lost in the 1800s when heading for Louisbourg.
To continue its treasure hunting, the company plans to hire another 50 workers next summer to join the staff of 20, which includes many scientists like James Sinclair, the first archeologist to visit the Titanic when she was found.
Next summer, Mr. MacKinnon's company, along with American parent Sovereign Marine Explorations, hopes to get the green light from the province to begin searching several other sites as well, including that of the 1822 wreck of L'Africaine near Sable Island.
Among the wreck sites the company has pinpointed for recovery next year includes an area near St. Paul Island that's believed to hold rare gold coins and other precious goods stolen from the White House during the War of 1812.
"If we can get to it (the Washington wreck site) . . . items recovered below could go up over $1 billion in value," Mr. MacKinnon said with a smile.
http://www.freerepublic.com/focus/f-news/1280945/posts
Now here is a website (if you can call it that) for Sovereign Marine Explorations, the parent - according to the above article - of Mackinnon's company:
Sovereign Marine Explorations, Inc.
For Investment opportunities please contact:
Robert D. Baca - Chief Financial Officer
Sovereign Marine Explorations Inc.
110 South State Street, Suite200
Newtown, PA. 18940
Phone 215-860-1051 Fax: 215-860-3501
http://www.sovmarex.com/investment_opportunities.htm
new here. but i like this stock for a winner down the road. i am thinking the reversal should be sometime soon. i am coming from jphc and i think we have something of the same. I will be watching this stock and picking my entry points soon.
jmicheal thank you for your reply .i think this is just the begenning of the move here cause the new business they are in have a lot of potential .and from what i have posted on another board:
READ about the value of CALI:the two companies mentionned by the CEO are OMR and RUBM with respective market capitals of 130 MILLION and 8 million !!!
LET us consider the worst case scenario which is our oustanding shares = authorised shares=2 billion shares.
and let us consider also the worse case scenario a 10 million market cap for CALI that will bring us to a price per share of 0.005 .
those companies are money makers check the news on OMR or RUBM and you will get to see that they have very potential news.
CALI - Chart TA / Trade History for past 5 days
Chart / Indicators / Volume here are all simply a thing of beauty.. but most importantly.. we closed above the 5 & 10 day moving averages!
Date - Symbol / Open / High / Low / Close / Change / Volume / Trades / bid / ask
2005-10-20 - CALI / 0.0004 / 0.0007 / 0.0003 / 0.0004 / 0.0001 / 544,153,276 / 605 / 0.0004 / 0.0005
2005-10-19 - CALI / 0.0003 / 0.0003 / 0.0002 / 0.0003 / 0.0001 / 46,584,000 / 45 / 0.0002 / 0.0003
2005-10-18 - CALI / 0.0004 / 0.0004 / 0.0002 / 0.0002 / -0.0001 / 35,497,999 / 46 / 0.0002 / 0.0003
2005-10-17 - CALI / 0.0004 / 0.0004 / 0.0003 / 0.0003 / -0.0001 / 43,372,000 / 36 / 0.0003 / 0.0004
2005-10-14 - CALI / 0.0004 / 0.0004 / 0.0003 / 0.0004 / 0.00 / 15,340,000 / 17 / 0.0003 / 0.0004
Todays' Candle: CONFIRMED BUY - http://tinyurl.com/aa832
post by 'rickpic' from Allstocks.. those guys were accumulating all day today and yesterday.
I will quote the COO!
"There is a very aggressive PR campain coming"
"The web site is being worked on and will have many many pictures of sites being worked and artifacts that have been recovered and will be available for auction"
"One of the salvage companies has been working for 2 years and the other for 5 years and no auction of the salvage that they have brought up has been held as yet"
"The guys running the day to day salvage opperation have over 25 yrs in the salvage buisness and are very good at locating and recovering historic artifacts"
I could go on and on but I'll let someone else call he COO and report here as well!
http://tinyurl.com/8xvag
balamidas.. good call here this morning bro
person marked ya ;0)
CALI. They have a Transfer company that doesn't give out Share information.
Just a tad suspect. Kind of like this stock.
http://www.transferonline.com/index.cfm?frameset=1&cfid=2365&cftoken=29389469&public&...
All the best
anyone still watching this ?
i never bought in... looks like a good decision so far, but she is looking ever tastier....
B
Markets are closed and on level 2 WAXM bid 0.0055.
I pray to stay at this level
i did the click. doesn't sound good.
hi breen , this is an interesting read.
hi Tanail , i've been busy. i'm very disappointed but maybe
some light at the end of the tunnel.
i didn't like the print of unregistered shares.
that isn't good for us.
we will see how it turns to toast or gets better with mgmt.
anything new except for katrina?
i am not sure, if this company is an 'investment' but i am wondering, if this is the right time to buy some... maybe it'll bounce off the 0.001
good luck !
b
It´s too quite before storm.They are on promotion tour with new artist(country)and i think this the right time to invest
what do you base oppinion on, nenodj (alias created today, one post) ?
B
Very hot play.I own about 20mil. and try to buy tomorrow another 5mil.In two months we are about 0.02
On May 9, 2005, the Company registered an offering circular with the SEC for up to 1,666,666,667 shares of common stock to be sold under Regulation E of the Investment Act to make investments in eligible emerging or early-stage companies in various fields of business by contributing capital and providing management assistance. As a Business Development Company, the Company can sell up to $5,000,000 in common stock every twelve months under an exemption from registration.
i'm not sure how..... maybe assumes an OS of 10 million ?
B
OS before reverse split (from 10Q)
Common Stock, $.001 par value 971,870,576
then 1 for 100 reverse split
should have made the OS around 10 million
recent volume indicates that there is dilution - i'm looking thorugh the filing now, to see if i can find how
B
so write it off for 2005 taxes?
naked ?...short ?
the street is awash in CALI
this is a big problem for the company. why? M/M/M persons ruin a good company.
Naked Short Selling Letter to Regulators
--------------------------------------------------------------------------------
Dear OTC Investor:
I am writing to alert you of a very important rule change that is needed to improve the OTC marketplace. I need your help to make regulators turn on the lights and protect investors from the menace of hidden short selling in the OTC market.
I think you'll agree that this issue deserves the small amount of your time it will take for you to tell the SEC what you think about this issue.
As Chairman & CEO of the Pink Sheets, I know perhaps better than anyone the importance of improving the Pink Sheets and OTCBB trading. And I know the devastating impact that small companies face when their market is tarnished by the threat of manipulation.
There is a crisis facing the OTC market today in the lack of short sale position reporting and disclosure for OTC issues. This lack of transparency regarding short selling in the OTC market allows fraudulent acts to go undiscovered and manipulative short sellers to hide.
I believe regulators should fix the problem. Small issuers traded on the Pink Sheets and the OTCBB deserve the same transparency and regulatory oversight of short selling as those listed on Exchanges or NASDAQ.
Therefore, Pink Sheets has petitioned the SEC to cause the amendment of NASD Rule 3360 and require NASD broker dealers to maintain a record of total "short" positions in all customer and proprietary firm accounts in all publicly traded equity securities as well as report this information to the NASD for public dissemination of the short positions by security. The SEC's action is urgently needed to prevent fraudulent acts, expose market manipulation, promote fair principles of trade and protect investors.
Our full rule change request is available for you to read at: http://sec.gov/rules/petitions/petn4-500.pdf and comments by other concerned OTC market participants are available at: http://sec.gov/rules/petitions/4-500.shtml
But I cannot make this important rule change happen without your help. Thus I'm asking you to write a letter today, and voice your support to the SEC for the Pink Sheets' Request for Rulemaking Regarding Member Records of "Short" Positions and Reporting and Public Dissemination.
So please send your comments via Email to: rule-comments@sec.gov with a Cc: copy to: pubcom@nasd.com
Or, if it's more convenient, you can mail your comments to:
Jonathan G. Katz
Secretary, Securities Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
With a copy to:
Barbara Z. Sweeney
Senior Vice President and Corporate Secretary, NASD
1735 K Street, NW
Washington DC 20006-1500;
Either way, your Email or letter should refer to SEC File No. 4-500. Request for Rulemaking Regarding Member Records of "Short" Positions and Reporting and Public Dissemination of Aggregate Positions by Security.
I know I'm asking you to do a lot. But it's important that we make the OTC market transparent and fairly regulated. I think you'll agree that this issue deserves the small amount of your time to tell the SEC what you think about this issue.
Remember, the only way to succeed in achieving this rule change is through the public outcry of investors demanding the SEC make this needed improvement to the OTC markets, and there is no substitute for your personal voice in this debate. This important rule change is not going to happen if you remain silent.
So please, don't rely on others to get the job done. Write your Emails or letters today. Together, we must win this battle and convince the SEC not to treat the OTC secondary markets for small companies as second class citizens.
Without this rule change investors and securities regulators will be blind to any short selling activity in Pink Sheets and OTCBB stocks. The SEC needs to know that the lack of short sale information in your securities is unacceptable and demand they change NASD Rule 3360 immediately.
I'm asking for your help to improve this critical part of the securities market, so that companies like yours will be traded in transparent, efficient and well regulated OTC markets. Please do your part by writing your Email or letter today. Every voice counts in the debate, and yours could be the one that puts us over the top.
Thank you for your time and help in this fight.
Sincerely,
R. Cromwell Coulson
Chairman & CEO
P.S. We can only succeed in making these rule changes with your help. So please, take action today. And once again, thank you very much for your help.
Note: To comment to the SEC via Internet, use rule-comments@sec.gov with a Cc: copy to: pubcom@nasd.com
File No. 4-500. Request for rulemaking regarding member records of "short" positions and reporting and public dissemination of aggregate positions by security.
SEC Public Petition page: http://sec.gov/rules/petitions.shtml
Pink Sheets request is available at: http://sec.gov/rules/petitions/petn4-500.pdf
Comments by other concerned OTC market participants are available at: http://sec.gov/rules/petitions/4-500.shtml
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Comments or Suggestions?
hi MB , pr's do help a company only if they do them in sec message.
just a regular pr. isn't good enough.
they need a better way to get their message and product to market.
do we know what the share structure on this one is ?
my notes say 2 billion ?
B
Tell you what i think we would see a penny easy if they would release a pr about their earnings as they have mentioned in a earlier pr.The charts look really good on this one.We are on the launching pad and the engines have fired up and we have left the lauching pad but we are still closer to earth than the stratosphere.I think Mon. we will close above .004 and tuesday will be lift off but it all depends on the interest (volume)
hi MB , this is why we have CALI here. they got goods , will they deliver?
hi tanail , there hasn't been much to hit home about.
M/M/M person have all but run us out of town.
they sure are a drag on us.
Yes i am in it.Charting to go up friday or monday.Mm's are manipulating it right now to get cheap shares.
so... OS=2 billion was before the reverse split, right ?
B
from 10-Q
NOTE I – STOCKHOLDERS EQUITY
As of March 31, 2005 the authorized capital of the company is 2,000,000,000 shares of common voting stock par value $.001 per share. The Company also has authorized 10,000,000 shares and has issued and outstanding 3,725,000 shares of Class A, no par, preferred stock. The Class A preferred stock has conversion rights to the Company’s common voting stock of 4-1. The Company has authorized but not issued 10,000,000 shares of Class B, no par, preferred stock. The Company has authorized and issued 10,000,000 shares of convertible Class C, .001 per share, preferred stock. The Class C preferred stock has conversion rights to the Company’s common voting stock of 1-1. If at any time or time to time, there is a capital reorganization of the common stock (reverse split, forward split, etc.) the number of Class C preferred stock authorized, issued and outstanding, and the number of shares of common stock into which such Class C preferred shall not be entitled to vote such shares (except as otherwise expressly provided herein or as required by law, voting together with the common stock as a single class), but shall be entitled to notice of any stockholders’ meeting in accordance with the Company’s bylaws. In lieu of voting rights, the holders of Class C preferred, voting as a class shall be entitled to elect two of the Board of Directors at each meeting.
The Company has authorized but not issued 10,000,000 shares of Class D, no par, preferred stock. As of the date of this report no preferred shares have been converted to common stock.
ya got any to share for us at
BBCMF?
hi JM been awhile since we have chatted. you always have good ideas.
yes agreed mick
..all though it risky (in some cases more so than others like ILCO) for me i've found that the time to fill larger orders near the bottom is on the way down... ;0) GLA
hi JM , we know it is oversold. this one is surely do for a bouncer.
this company is for real.
M/M/M PERSON DON'T WANT IT TO RUN ANY.
do you have an opinion?
delayed quote,
CALI.OB 12:07pm 0.0037 -0.0009 -19.57% 4,268,960
CALI: this morning the usual weakness. M/M//M persons won't let loose of the strangle hold they got on the company.
it is the most asked for at the pinks. it help to know if your investment is there.
what it means it is active plus it could be bullish or bearish.
http://www.pinksheets.com/index.jsp
thanks ! ... but what does the list mean ? :) ... and where do you find it ?
Boris
here tanail ,
100 , POPULAR REQUEST LEADERS , As of Wed Aug 03 00:39:04 EDT 2005
1 HISC
2 BOREF
3 QBID
4 PLNI
5 CMKX
6 SSTY
7 GLBT
8 MSITF
9 TNOG
10 ABRXQ
11 TGTL
12 BCIT
13 DNTK
14 EYTC
15 SCXC
16 RSHN
17 IGTN
18 HCCF
19 SPRL
20 ETCR
21 INTK
22 EPMI
23 HWPR
24 XYBRQ
25 VCSY
26 IVGA
27 CHOMF
28 WTAF
29 BKBO
30 MDGM
31 ICAN
32 AFLUY
33 ICMH
34 CFTN
35 BOCX
36 CTKH
37 NAUC
38 IVFH
39 PTHO
40 PRRM
41 DDSI
42 ILST
43 HBC
44 PYPR
45 OXFV
46 ILCO
47 SNFX
48 COLCF
49 GFCI
50 TWRCP
51 IVOC
52 OMOG
53 OBDP
54 LPPI
55 INSN
56 ALRY
57 MFYS
58 NGCD
59 YHGG
60 TTRIF
61 FCCN
62 PEKG
63 HPNN
64 WNDXQ
65 ACHI
66 BLYM
67 ERUG
68 LUME
69 DMTN
70 NWAU
71 PYST
72 EGYF
73 HLOSF
74 OTRC
75 MIRKQ
76 AMEP
77 TNGO
78 ABEW
79 PHBT
80 SWTS
81 CEII
82 WTVN
83 TTMT
84 UAIG
85 TRBD
86 BLMC
87 NADE
88 TWRAQ
89 BTSI
90 VPER
91 EDNE
92 FEKY
93 CLRO
94 ADLU
95 FLYR
96 PRXT
97 LUKOY
98 SIPX
99 HQNT
100 FLNA
15:48 SCHB 50 0.004 ↑
15:49 JPTC 50 0.004 ↑
15:49 NITE 50 0.0038 ↓
11:47 SSGI 50 0.0035 ↓
12:21 TASL 50 0.0035 ↓
15:48 PERT 50 0.0035
12:23 HILL 50 0.0032 ↓
07:30 FRAN 50 0.0031
07:30 JEFF 50 0.003
07:30 TDCM 50 0.003
07:30 VFIN 50 0.003
07:30 MAXM 50 0.003
12:22 DOMS 50 0.003 ↓
12:22 HDSN 50 0.003 ↓
12:22 VERT 50 0.003 ↓
15:51 ETRD 50 0.003
15:51 SACM 50 0.003
18:02 BEST 50 0.003 ↓
07:30 BMIC 50 0.002
07:30 INTL 50 0.002
09:58 EFGI 50 0.0001
07:30 CLYP 0 0.00
07:30 DATA 0 0.00
07:30 TRAC 0 0.00
10:11 GNET 0 0.00
13:02 SEAB 0 0.00 ↓
Ask Size MMID Time
0.0046 50 HILL 12:23
0.005 50 TASL 12:21
0.005 50 HDSN 12:22
↓ 0.005 50 VERT 12:22
0.0051 50 JEFF 07:30
0.0052 50 FRAN 07:30
0.007 50 JPTC 15:49
0.0085 50 BMIC 07:30
0.01 50 TDCM 07:30
↑ 0.01 50 PERT 15:48
0.014 50 VFIN 07:30
0.02 50 MAXM 07:30
0.02 50 INTL 07:30
↓ 0.02 50 BEST 18:02
0.062 50 DOMS 12:22
↑ 0.11 50 EFGI 09:58
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