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Thank's- just got off the phone with broker and coming through. lol
My broker converted them automatically. They usually do.
CortDev, Inc. Announces Completion of Merger with Botaniex, Inc. and Appointment of New CEO
Friday April 15, 9:00 am ET
HOUSTON--(BUSINESS WIRE)--April 15, 2005--CortDev, Inc. (BTXI: Pink Sheets), announced today that it has completed its acquisition of Botaniex, Inc. As a result, effective today, CortDev Inc. has changed its name to "Botaniex, Inc." and the new trading symbol is "BTXI."
ADVERTISEMENT
As per the merger agreement, CortDev Inc. undertook a reverse stock split of its common stock whereby 1 share of common stock was issued in exchange for every 250 shares of common stock outstanding prior to the Effective Date. Immediately prior to the Effective Date, there were 4,130,169,782 shares of CortDev Inc. common stock issued and outstanding which was reduced to 16,520,679 shares post reverse stock split.
Botaniex Inc. is a market-oriented and research driven manufacturer of botanical extracts based in China. The Company has a strong R&D team of over 16 scientists dedicated to developing innovative ingredients to meet the market demand. Through strategic alliances, Botaniex utilizes 4 plants located in Hunan, Guangzhou, Guangxi and Sichuan Province. These plants have a total annual capacity of 800 metric tonnes of Powdered Extracts and 40 metric tonnes of essential oils. Botaniex Inc.'s strategic goals are to be the market leader in China and a major global player in the natural ingredients industry within 5 years.
Botaniex Inc. projects fiscal 2005 net income of approximately $500,000 on revenue of $2,300,000. The Company forecasts net income and revenue growth of over 80% and 160% respectively from fiscal 2005 to 2006. Furthermore, Botaniex projects that in fiscal 2007 the Company will generate close to $7,000,000 in revenue and earn over $2,600,000 on a net basis. Based on these financial projections from fiscal 2005 to 2007, Botaniex Inc. will achieve growth rates of approximately 200% in revenue and 400% in net income. Botaniex Inc. expects to capitalize on the large and rapidly growing global herbal products market, which is currently over $19 billion in size.
Andrea Cortellazzi, CEO of CortDev Inc., resigned immediately following the closing of this acquisition. The newly-formed Board of Directors of Botaniex Inc. has appointed Mr. Melson Liao as Chairman, CEO and President of the Company.
Melson Liao brings to Botaniex Inc. an extensive background in the dietary supplements, health foods and pharmaceuticals industries. Prior to joining Botaniex, Mr. Liao was Executive Vice President/President of Hunan Kinglong Bio-Resources Co., Ltd, the largest manufacturer and marketer of botanical/herbal extracts in China. Mr. Liao began his career at Capsugel China/Pfizer in 1990, where he worked for over 10 years; attaining the position of National Sales Manager. Mr. Liao received his MBA from South-China University of Technology, Post MBA from Schulich School of Business/ York University and Diploma from University of Michigan Business School.
Botaniex Inc. is pleased to announce that the enhanced version of its Corporate website has been completed, which can be accessed at www.botaniex.com. The Company has moved its corporate headquarters to Guangzhou, Guangdong Province, an attractive location for health food manufacturers and marketers. In addition, from this new corporate headquarters Botaniex can effectively supervise the construction of its manufacturing facility on the recently purchased 16.5-acre parcel of land in Zhaoqing High Technology Industry Development Zone, Guangdong Province, China. Pictures of the land on which the multi-million dollar plant will be constructed can be found at: http://www.botaniex.com/english/prod_facilities.htm.
About Botaniex Inc.
Botaniex Inc. is an innovative manufacturer of botanical/herbal extracts, serving the worldwide manufacturers of dietary supplements, health foods, functional beverage, pharmaceuticals and cosmetics. The Company's product line is broad, ranging from tea and herbal extracts to essential oils. Botaniex not only provides customized ingredients, but also offers value-added services such as formulation assistance, clinical trial support and private label manufacturing. The Company is in the process of expanding its operations, including its client and asset-base, in Asia and overseas. Botaniex's goal is to become a major player in the multi-billion dollar global herbal products industry.
For more information please contact CEO Melson Liao at melsonliao@botaniex.com or visit the Corporate website at www.botaniex.com.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Contact:
Botaniex, Inc.
CEO Melson Liao
Tel: (86) 20 8702 6371
Fax: (86) 20 8702 6237
E-mail: melsonliao@botaniex.com
good to now ! Thanks !
B
Tan, It has a history of ripping off shareholders and thus a bad reputation in the investment community...eom
Hey !
I'm new to the board. What's the story on this one. Why is it at 0.002 ? even though the last news release indicated significant growth ?
Thanks,
B
I just hope we all get a boost here. Never know about these situations, until its too late to make a move. Good Luck
slick way to change the ticker and lose all the bad CortDev PR
got to admit AC is CREATIVE.
Well, here is that news. I sure hope it turns out for the best here. Good Luck
Thursday , March 24, 2005 09:00 ET
HOUSTON, Mar 24, 2005 (PRIMEZONE via COMTEX) --CortDev, Inc. (Pink Sheets:CDVJ), today announced that it has signed a letter of intent to acquire Botaniex Inc, a China-based herbal products manufacturer. As part of the agreement, CDVJ will acquire 100% of the outstanding shares and assets of Botaniex Inc. in exchange for an equity position in CDVJ. Upon finalization of this acquisition, Botaniex Inc. will be the majority shareholder of CDVJ and the corporate name of CortDev Inc. will be changed to Botaniex Inc.
The pending acquisition of Botaniex Inc. is a major step forward for CortDev Inc. towards its goal of diversifying its operations into established and profitable industries. Botaniex is well positioned in the $19 billion global Botanical/Herbal Dietary Supplements Industry and CDVJ Management is confident that this investment will add significant shareholder value to the Company. Additional information on Botaniex Inc. with respect to its current financial position and future prospects will be disclosed to shareholders following the formal closure of the acquisition.
About Botaniex Inc.
Botaniex Inc. is a leading manufacturer of botanical extracts in China, serving the industries of dietary supplements, functional beverage, functional foods, cosmetic/personal care and pharmaceuticals. The Company's product line is broad, ranging from tea extracts and essential oils to other herbal extracts. Botaniex not only provides customized ingredients, but also offers value-added services for its customers and/or business partners. The Company is in the process of expanding its operations, including its client and asset-base, in Asia and overseas. Botaniex's goal is to become a major player in the multi-billion dollar global herbal products industry. For further information visit the Corporate website at www.botaniex.com.
For more information please contact current CEO, until the acquisition is finalized, Andrea Cortellazzi at 514-288-9699.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
SOURCE: CortDev, Inc.
CortDev, Inc.
Andrea Cortellazzi, CEO
514-288-9699
aandre005@sympatico.ca
This is the number I called.
CEO Andrea Cortellazzi at 514-288-9699
Andrea didn't answer, Serge did.
Mac
I guess he did not give you any info. on such in your conversation. Was there anything else or a hint..
Depending on the value of the buying company, it could mean a serge in pps.
JMHO.
Good luck.
So what does this mean for shareholders ?
I have checked for news and there is none
Thank You in Advance
I asked for Mr. Cortellazzi. I guess it was Serge who answered the phone. I asked him about message board rumors about a takeover or sale. He said "yes". I asked "what the timetable was?". He answered, "yesterday". I said, "so it is imminent?." He said, "yes."
Mac
Okay. I appreciate your info, and, I bet you are right. Do you follow SIRI?
jurisper- Not received. Please resend. Thanks.
Again, I am only speculating about CDVJ doing a R/M , but if it were to happen, You would be issued new shares in exchange for your CDVJ shares at whatever the ratio of outstanding new shares are to old CDVJ shares. Let's say CDVJ has 1000 total shares outstanding and the new company will have 100. For every 10 shares of CDVJ , you would recieve 1 of the new company.
Last year CortDev R/M'ed into PAVP and changed the symbol to CDVJ. At that time there were 34,000,000 shares outstanding. Now there are 3,400,000,000. This monsterous dilution along with the endless PR's that are , in my opinion, complete fabrications, have driven the price to near nothing.
I personally believe this is and was nothing more than a stock manipulation from day one. Ther never was, and never will be anything of value. CDVJ has raised millions selling stock, and not one penny selling a product or service.
You may want to go to the Raging Bull chat board and follow the old PAVP posts as well as CDVJ. If you can wade through the nonsense, you will find numerous posts of people who did research and posted findings along the way. It may also interest you to know of Cortellazzi's criminal past:
http://CortDevInfo.notlong.com
I do not know who created that site, but the news articles are real.
jc
What happens to the shares one has after an R/M? I appreciate you taking the time to tell me what you have.
A Reverse Merger. I believe They may absorb CortDev into a new company shell , change the name and trading signal, and restructure the share count in order to facilitate a continued pump and dump. I am only guessing.
No, I am not invested. I bought a lot about a year ago, did some research, and dumped it all when I found the CEO unable to tell the truth about anything. At the time, there were 34,000,000 shares outstanding. Now there are something like 340,000,000,000. When I sold, it was at .011 now it's worth .0001
I am glad I got out when I did. This is a scam.
jc
What do you mean they will R/M into another shell? I'm not familiar with the stock jargon. So, I take it you are not investing in this at all ... I appreciate your time.
This is a pink penny scam, no other way to put it.
I suspect they will R/M into another shell soon and keep on peddling paper, if you get my drift.
A successful pump and dump...yes.
A successful COMPANY...no.
jc
share with the class Due
Check your hotmail
Someone tell me about this? Is this going to be a sucessful company?
Yes, I'd like to see that piece if possible. Do you still have my address? I shut down the hushmail because it was filled with spammage.
Round up the usual suspects. LOL!
Due: If it's of interest, Marchant has a very detailed story on "GISBeX", a Costa Rican "Internet Reg S exchange" which lists CortDev & which Marchant says is controlled by Harold Bailey Gallison Jr, the guy who used to head up La Jolla Capital.
http://www.gisbex.com/
CDVJ, Sold this junk today @ .0002! Huge loss for me but still pulled some money out of it!
Good luck to anyone still in!
Tim
IT, wonder how much longer before we get a good PR? We need something to get CDVJ going again, otherwise I guess I have to take a Big loss on it.
Thanks and good luck!
Tim
Islandtime, why did you post this conflicting report on the RB?
By: islandtime4
26 Jan 2005, 12:05 AM EST
Msg. 32037 of 32416
(This msg. is a reply to 32036 by islandtime4.)
Jump to msg. #
Bashers GET YOUR FACTS STRAIT and quit lying to these people.
Will someone that is NOT a basher please call to conferm!!These are the facts!!As per transfer agents words:
"The AS is 2 Billion shares...
The OS is 950 Million with 250 Million restricted" (700 Million in
the float)...
Sad you guy's try and say the OS is 2 billion! It's the AS dips#its. The OS is 950 mill with 250 mill restricted.
Island
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
*************************************************************
Here, you say A/S is 5 billion
There, you say 2 billion...
Here you say O/S is 2.4 billion...
There you say 950 million
Which is it, knucklehead?
****************************************************************
In case you REALLY want to know, per the Transfer Agent, whome I called today:
CDVJ O/S 3,410,165,782
CSJJ O/S 7,074,608,799
...And you have the nerve to call us liars?
jc
Zanahary Group (source Lexis-Nexis)
. ZANAHARY GROUP INC, 99-051910, JC-99051910-2000-DC, 2/10/2000, JUDGMENT, VIRGINIA BEACH CITY, VAJGT
2. ZANAHARY GROUP INC, 99-051910, JC-99051910-2000-DC, 2/10/2000, JUDGMENT, VIRGINIA BEACH CITY, VAJGT
3. ZANAHARY GROUP INC, 00-2569, SL-00002569-2000-CI, 3/17/2000, STATE TAX LIEN, NORFOLK CITY, VATXLN
4. ZANAHARY GROUP INC, 00-0011008, FL-00001100-2000-CI, 11/21/2000, FEDERAL TAX LIEN, NORFOLK CITY, VATXLN
5. ZANAHARY GROUP INC, BK184PG1124, SL-01841124-2001-CI, 12/7/2001, STATE TAX LIEN, VIRGINIA BEACH CITY, VATXLN
6. ZANAHARY GROUP INC, 98-062210, JC-98062210-1999-DC, 3/22/1999, JUDGMENT, NORFOLK CITY, VAJGT
7. ZANAHARY GROUP INC, 00-0870, SL-00000870-2000, 2/23/2000, STATE TAX LIEN, BALT CITY, MDTXLN
8. ZANAHARY GROUP INC, 01-021342, JC-01021342-2001-DC, 8/22/2001, JUDGMENT, VIRGINIA BEACH CITY, VAJGT
9. ZANAHARY GROUP, INC., 99-196766, SL-00196766-1999, 2/4/1999, STATE TAX LIEN, MONTGOMERY, MDTXLN
10. ZANAHARY GROUP, INC., 99-201395, SL-00201395-1999, 7/16/1999, STATE TAX LIEN, MONTGOMERY, MDTXLN
11. ZANAHARY GROUP, INC., 00-207318, SL-00207318-2000, 2/4/2000, STATE TAX LIEN, MONTGOMERY, MDTXLN
1. OKUSAGA, ADEKUNLE, 003243092, DC-00032430-1992, 2/25/1993, JUDGMENT, PRINCE GEORGE'S, MDJGT
2. OKUSAGA, ADEKUNLE N, BK167PG422, SL-00167422-2000-CI, 4/14/2000, STATE TAX LIEN, VIRGINIA BEACH CITY, VATXLN
3. OKUSAGA, ADEKUNLE N, GV01-036262, JC-01036262-2002-DC, 1/29/2002, JUDGMENT, NEWPORT NEWS CITY, VAJGT
4. OKUSAGA, ADEKUNLE NURUDEEN, 000357493, DC-00003574-1993, 6/8/1993, JUDGMENT, PRINCE GEORGE'S, MDJGT
5. OKUSAGA, ADEKUNLE, 001748395, DC-00017483-1995, 9/14/1995, JUDGMENT, PRINCE GEORGE'S, MDJGT
1. Debtors: ZANAHARY GROUP, INC., Secured Parties: STAR FINANCIAL L.P., INITIAL FILING, 1/26/1998, 980126 7807, VAUCC
Copyright © 2005 LexisNexis
Zanahary is incorporated in Maryland and registered as a foreign corporation in Virginia. The Virginia registration was in default for nonpayment until I posted about it on RB. Apparently Okusaga paid the fee the day after my posting and the record shows the Virgina registration as current now. However, it's apparently not legitimate because the company's original incorporation has been forfeit for non-payment of taxes.
Entity Name: ZANAHARY GROUP INC.
Dept. ID #: D04018685
Principal Office (Current):
1609 LORELEI DRIVE
FORT WASHINGTON, MD 20744
Resident Agent (Current): ADEKUNLE OKUSAGA
1609 LORELEI DRIVE
FORT WASHINGTON, MD 20744
Status: FORFEITED
Good Standing: No
Business Code: Ordinary Business - Stock
Date of Formation or Registration: 12/01/1994
State of Formation: MD
http://sdatcert3.resiusa.org/ucc-charter/DisplayEntity_b.asp?EntityID=D04018685&EntityName=ZANAH...
I already busted your theory on RB, islandtime. The articles posted on that site can easily be verified with Lexis-Nexis, which has a complete Montreal Gazette database. Infomart, the site where you searched, does not include articles by freelance journalists.
Do you have access to Lexis-Nexis? Here is a list of the Montreal Gazette and Ottawa Citizen articles in their database that include the name 'Cortellazzi':
73. The Gazette (Montreal, Quebec), March 01, 1999, FINAL, 162 words, Ex-teacher opts for jury trial
74. The Gazette (Montreal, Quebec), December 31, 1998, Thursday, FINAL EDITION, NEWS; Pg. A1 / FRONT, 631 words, Montessori school owner facing charges of fraud, MICHAEL MAINVILLE; THE GAZETTE
75. The Gazette (Montreal, Quebec), September 18, 1998, Friday, FINAL EDITION, NEWS; Pg. A3, 616 words, School checks lacking: parents: More complaints laid against Montessori-school administrator, KATE SWOGER; THE GAZETTE
76. The Gazette (Montreal, Quebec), September 17, 1998, Thursday, FINAL EDITION, NEWS; Pg. A1 / FRONT, 741 words, Montessori operator had fraud conviction, MICHAEL MAINVILLE; THE GAZETTE
77. The Gazette (Montreal, Quebec), September 16, 1998, Wednesday, FINAL EDITION, NEWS; Pg. A5, 330 words, Montessori probe widens, THE GAZETTE
78. The Gazette (Montreal, Quebec), September 12, 1998, Saturday, FINAL EDITION, NEWS; Pg. A3, 403 words, More families stranded: Principal disappears with fees from second school, MICHAEL MAINVILLE; THE GAZETTE
79. The Gazette (Montreal, Quebec), September 10, 1998, Thursday, FINAL EDITION, NEWS; Pg. A3, 449 words, School canceled; money gone, SUE MONTGOMERY; THE GAZETTE
81. The Ottawa Citizen, September 4, 1993, Saturday, FINAL EDITION, BUSINESS; Pg. F2, 188 words, Fraudulent mortgage broker fined after pleading guilty, KRISTIN GOFF; CITIZEN
Nice try, but Cortellazzi's history of fraud is quite real.
Just wanted to let you know I called.FWIW I just wanted to know what the share structure was? I just wanted the facts!
But is what makes me wonder is, If AC is such a ripoff artist as you say.Why are you spending all day here Pissed off and wasting your time? Why arent you out making money by doing your DD as you did here.Admit it you guy's are bashing the hell out of this stock,Why are you still here?????????.............Island PS. Dont shoot the messenger please.lol
Transfer Agent:
Deposit Guaranty Insurance Corporation
2542 Cliff Drive Route 1 Box 2374
Dickinson, TX 77539
Telephone: 1-281-339-2451
There is 5 Billion Authorized shares
There is 2,431,069,782 Outstanding Shares of which 750 Million are in the float...500 Million are restricted...and the remaining 1,181,069,782 held by officers (Andrea Cortellazzi)
100 Million shares will be bought back out of the float and retired.
Currently there are over 500 share holders and $2.5 Million in assets.
The deal with Hertitage Gas and Oil has been finalized along with another deal with an east coast company that will add another $5 Million in assets.
CDVJ has stated "NO" RS and it appears as though they are bringing on a new management team along with a new CEO.
Once burned twice shy. This stock has a bad reputation in the investment community.
Is'nt it interesting on the company website, the "executive team" consists of Cortellazzi and the transfer agent? Is this CortDev, or "Kinko's" ?
jc
TeenProdigy52
Of course you are absolutely correct. This "Islandperson" is full of crap.In the previous post, he expects me to go through my old posts for him. Well, screw him. He can do it himself. I have called Bill Little many times and I assure you , the O/S is about three billion. Bill also told me T/A is about 5 billion. And, as you point out, the recent "PR" itself confirms the O/S. The numbers the "Islandperson" quotes are either a fabrication, or from AC. And I defy him to take me up on my offer. He will be out $25.00
jc
I own 4500000 shares of this company, and if the OS is what they say it is then how is their recent PR honest with their buy back plan? It says it plans to buy back and I quote " plan to purchase up to $150,000 worth of the Company's common stock over the next 90 days which represents approximately 375,000,000 shares at current market prices or 12.5% of the current issued and outstanding shares." If thats 12.5% of the OS then we are looking at the OS to be over 3billion shares, Im stuck in this company hoping that I can sell for .0005 and I bought at .001!
jc, If it's so bad why are you here! To save us? I have been in for quite a while and by no means am I Un happy. Can you please refer me to the posts that shows what I missed. I care about the investments that I make Good or bad news!!
But Why was I told by the TA the share strucsure and geoly and you try to say that there is 2 billion OS? It is 2 billion AS big difference? This is what I was told by the TA
I just want the facts.geoly said that AC was still selling shares!! She would lose there job for saying such a thing,
and that is a fact, Thats why I posted what I was told! Can you post some of these e-mails for some proof please!.Island
"The AS is 2 Billion shares...
The OS is 950 Million with 250 Million restricted" (700 Million in
the float)...
5MoneyMaker5,
I really feel sorry for these dopes. The boards are full of new ones after the most recent PR and dump-a-thon. You would think that just once, these knuckleheads would ask questions BEFORE they buy feces like this stock.
jc
well said
Post from RB:
By: jcrom56
26 Jan 2005, 08:29 AM EST
Msg. 32040 of 32040
(This msg. is a reply to 32037 by islandtime4.)
Jump to msg. #
islandtime4,
In light of the fact that you may be a stuck newbie, I will make you an offer. If you can obtain from Cortellazzi, the physical description of this "3.5 acres" and the physical description of these oil wells in Colorado, I will send you a check for one hundred dollars. But I want the legal description...County, map, book and page number. He will know what you mean. Tell him you are an investor and you want to check the comps...the comparable property values in the area.
He will not give it to you.
He learned after the St. Hubert scam not to give out detailed information because it can be investigated.
In the mean time, call Michel Beaudoin at St. Hubert's and ask him when the last time he saw or spoke to Cortellazzi was.
And while you are at it, email Group LeClerc and ask them if they ever were preparing working drawings for CortDev.
If you can get the physical description of these properties, you get a hundred dollars. If you can't , I get $25.00.
Fair enough?
jc
That other poster is lying through every orifice he has.
The articles and numbers posted are factual. My calls to Transport Canada were genuine. The emails from Michel Beaudoin I posted are real. This islandtime person is flat wrong. This islandtime has just come along, probably bought a ton on the recent hype, and is now a disgruntled stuck....should have listened!
jc
Bashers GET YOUR FACTS STRAIT and quit lying to these people.
Will someone that is NOT a basher please call to conferm!!These are the facts!!As per transfer agents words:
"The AS is 2 Billion shares...
The OS is 950 Million with 250 Million restricted" (700 Million in
the float)...
Sad you guy's try and say the OS is 2 billion! It's the AS dips#its. The OS is 950 mill with 250 mill restricted.
geoly KNOWS the transfer agent isn't allowed by law to tell anyone that kind of info.What a bunch of bashing crap. You wont get your shares any cheaper than they are now,sorry!
Island
Dillinger, Show the proof about the Zanery group, You talk alot of crap that you never can back up with proof!! And about that vindictive shareholders web site (slander)Fake articals and all. Here you go prove me wrong with some proof,
Not some bogus web site!How real can they be if they have a hotmail address? We did a search for those FAKE articals and of course Nothing came up! Show me proof or shut the hell up!
Posted By: labtech71 Msg# 1614 of 1614
OK, here's what I found...
ABSOLUTELY NOTHING...
Searching on http://www.fpinfomart.ca/ (Archives of all editions and all stories from all Canadian newspapers dating back to 1997)
I did not find a single story with the name Cortellazzi in it. Nor was I able to find any of the articles listed on http://www.cortdev.tsx.org/
I was, however able to find articles written by the same authors in the same paper (The Montreal Gazette).
So. Either my findings are inconclusive, or the articles posted on http://www.cortdev.tsx.org/ are true and for some odd reason The Montreal Gazette saw fit to remove them from the archive.
If anyone else wants to continue the search and post their findings here, please feel free. but I'm done for the evening.
Thanks,
LT
CDVJ 0.0003 0
More Info: News, Chart, Profile,
Quote ,Insider ,Options
View Thread / Format For Printing / Email This Post
Good post from today's RB
By: geoly36
25 Jan 2005, 01:36 PM EST
Msg. 32033 of 32034
(This msg. is a reply to 32031 by dfunk24.)
Jump to msg. #
this is getting real ugly guys!
Talked to transfer agent and I asked if he is done selling she told me "NO he is still selling, pretty amazing huh"
CDVJ 2,945,169,782
CSJJ 6,570,858,798 wheres the buyback?
*****************************************************************
The degree of dilution amazes even the tranfer agent!
jc
TeenProdigy52,
I am sure it will have another pop at some point. But it is wise to note that the highs of each new "pop" are always lower than the previous highes:
http://stockcharts.com/def/servlet/SC.web?c=CDVJ,uu[m,a]dacayyay[dd][pb50!b200][vc60][iUb14!La12,26,...
Over the past year a stock buyback "program" was announced and never took place. The entire airport project was a scam from the beginning. No activity every took place at St. Hubert's that was being described in PR's. In a December '03 PR, AC said that he paid out over $200,000.00 to start the project and it included payment to Transport Canada for soil sampling and an environmental study. I contacted three separate offices of Transport Canada and was assured that such payments were never made. Also, claims of plans being drawn , leases being signed, and other project activity were false. I checked frequently with Michel Beaudoin, The Transport Canada rep at the airport, and he told me that at no time was a survey completed which would be a prerequisite to all other activity.
Not only have past claims of a buyback ( actually a buyback PROGRAM) never happened, but the O/S increased obscenely during the entire period of the "buyback program".
If you spend some time researching my posts on the RB (also jcrom56) you will see almost a year's worth of investigating.
So, will this thing pop again?...Maybe.
Is it a scam?...Absolutely!
jc
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