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Big Green today: X WYNN AKS MTL SID MNTX
TA - added more today...this one has upside...IMO.
TravelCenters of America LLC operates and franchises travel centers along the United States interstate highway system. It products and services include diesel fuel and gasoline, truck repair and maintenance services, full service restaurants, quick serve restaurants, travel and convenience stores and various driver amenities. The company was founded on October 10, 2006 and is headquartered in Westlake, OH.
WYNN X went up...WTW I got out of... FNMA FMCC I lightened my load when it broke support...today's test failed to regain above it...I will reload later and let this play out...
AKS had early news on next months earnings release and reported to be a big loss for shareholders...
I am very heavey on X and WYNN...so I am big green today...
DLIAQ...Have you seen this, detearing? This company used to be in Malls....I rememeber them in our Mall, not to long ago....Apparently there is a potential buyer according to rumor....They have made some posts on their Facebook page that they "Are Back" and to stay tuned for a "surprise"....
Recent Load N Locks: WYNN ICA X WTW MNTX BAA AKS MTL FNMA FMCC
XIDEQ getting close to resolution.
Exposure to Lead and Arsenic
By
SARA RANDAZZO
Dec. 23, 2014 3:46 p.m. ET
4 COMMENTS
Years of contamination at a Southern California lead-acid battery-recycling plant caused severe health problems for local residents, including cancer and kidney failure, according to a new lawsuit.
The suit, brought against directors and officers of Exide Technologies was filed Monday in Los Angeles Superior Court.
Plaintiffs attorney Robert Mandell said Tuesday the suit is one of five that he and three other lawyers plan to bring related to the alleged effect of an Exide plant in Vernon, Calif. The group’s 475 clients include children and adults who say they became ill from exposure to lead and arsenic used at the plant, as well as the families of roughly a dozen people who have died from apparent exposure.
The Vernon facility has been shut down or had its operations suspended since last year, and Exide is attempting to restructure its debt and reopen the plant through a Chapter 11 proceeding.
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Because filing for bankruptcy shielded Exide from being sued, the new suit only names individuals at the company who aren’t awarded the same protections. Any recoveries for the alleged victims would likely come from insurance policies.
An Exide spokeswoman declined to comment on the litigation.
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Mr. Mandell said he’d “like to get these folks compensated for what was done to them,” adding that the filed suit and others to follow are a year and a half in the making. Many of the plaintiffs in the new suit have also filed claims in the bankruptcy proceeding, said Robert Kent, another attorney working on the case.
The first of the suits, filed on behalf of more than 60 children, claims the Exide plant “has emitted and continues to emit dangerously high levels of lead and arsenic, among other pollutants…which adversely affects the air quality” in a handful of communities southeast of downtown Los Angeles.
People living in the area didn't correlate their health problems to the plant until the California Department of Toxic Substances Control first shut down the facility in April 2013 for environmental violations, according to the suit.
A maker of automotive and industrial power supplies, Exide is looking for a buyer through bankruptcy. If one can’t be found, the company is prepared to cement a deal with senior lenders that will reshape its balance sheet and erase about $600 million in debt.
In recent court filings, Exide said it has spent about $69 million since April to deal with the Vernon plant, which it relied on as a cheap source of lead for the creation of new batteries. The company has spent another $3.5 million in that time to respond to a Justice Department investigation involving Vernon, as well as $4 million to assure regulators of the company’s ability to address contamination caused there.
Last month, a bankruptcy court signed off on a settlement between Exide and California regulators that could clear the way for the Vernon facility to reopen in 2015. Under the deal, Exide promised to pay up to $9 million to clean up the soil in the neighborhoods around the plant.
Pullback today on FnF so I doubled down my position...news in the WSJ was vague and negative...nothing new. My bet is on Ms. Justice winning for the shareholders...if shareholders had no right to the earnings, then there is something fundamentally wrong with the whole idea of a stock...stock owners are the true owners...that is my bet.
W and SWHC big premarket winners...looking to reload some BOBE...glad I sold while ago....so it goes...feeling lucky...FNMA FMCC gunna be the big winners....
FNMA FMCC LONG LIST WILL BE LOCKED AT FIVE BUCKS.
This is the latest FNMA and/or her brother Long List. Please let me know if you see anything that needs to be corrected. I am looking for FnF Longs to hold their core holdings until FnF is restored. I will PM a very special invitation to the Wynn FnF Restoration Celebration Toast, which will be a memorable toast event of a lifetime. If you just notified me this past weekend, please remind me as I did not have the list with me...thanks! There may be some on this list with less than 20,000 shares, but have made significant DD contributions and positive posts in support of LONGS. $FNMA FMCC
1M shares and up – Diamond; Platinum 75 and up; 50k shares and up – Gold; 20k shares and up – Silver; less than 20k - Bronze.
1. 1AAA Platinum
2. 3antar
3. 888888888 Gold
4. 8mileshigh Silver
5. 10bambam Platinum
6. 4Duxs
7. Ackman Diamond
8. Ada
9. Adamzx717
10. Adhuntr
11. AlwaysInStock
12. Alwayswondering
13. Andydub Gold
14. Armstka Bronze
15. Ayatollahrocknrolla
16. AugWest Bronze
17. Beetlejuice
18. Biscayne62 Gold
19. blanka General 1,000,000 points
20. Berkowitz Gold
21. BigBenWallace
22. Bigstocksnbonds Bronze
23. BigWill Bronze
24. Bostonsesco Bronze
25. brharris
26. Buffett Diamond
27. Cate Gold
28. CatBirdSeat Platinum
29. Celtic Bronze
30. Chessmaster315
31. Charlie1988
32. Chosenuno
33. Clearday
34. cldubu Bronze
35. Cobra Khan
36. Condor65 Silver
37. Conkster49 Bronze
38. Cooler_Heads Silver
39. Corktown Bronze
40. cw24cents
41. Dabeav Bronze
42. Dadx4
43. Darrell00 Gold
44. Danno cal
45. David 302
46. Dick Bove Platinum
47. Demar
48. Detearing Platinum
49. Dollars1
50. DuckDynasty Gold
51. eleckp Bronze
52. Fanniefreddieforever
53. Feralcomprehension
54. Filmoepro Gold
55. Financialwin Platinum
56.
57. FNMA0die-hard Platinum
58. garderlafoi
59. GetRich1Day
60. GergeFa Gold
61. Godinez77 Silver
62. Grassi Bronze
63. Green2013
64. GreenWizard Bronze
65. Gswill
66. Harleydude22 Silver
67. hbmetalman Gold
68. Hessapts Platinum
69. Hollyk Bronze
69.5 Hotpick Gold
69.5 hvpatel
70. Icahn Diamond
71. Il Padrino Gold
72. illegal_alias Bronze
73. Implication Bronze
74. ItsMyOption Platinum
75. Is1240
76. Jbeach Bronze
77. J-Bear GOLD
78. Jacked
79. Jarenawer Platinum
80. JAWZZ GOLD
81. JEDIDIAH
82. JeddieMack
83. Jestiron
84. Jmb0173 Platinum
85. Joesocc1 Platinum
86. John Deere 1 Platinum
87. judypudy Bronze
88. Kabanch GOLD
89. Karpito
90. Kicks66 Gold
91. Kingdmc Gold
92. Kingu1ysnmbr1 Silver
93. LasNubes
94. LGJ letgojoe Bronze
95. Lens Cleaner Gold
96. Letgoofmyfannie Platinum
97. lollybella Silver
97.5 Louise Rafter Platinum
98. Lookaheadfuture GOLD
99. Lubberboy
100. Lumpina
101. Milton Waddams Bronze
102. m285 Gold
103. maclorjoe Silver
104. Malebaboon
105. Mathan22 Silver
106. McInc
107. Mdran1
108. Melly4
109. Mike usa
110. MPowerKai Silver
111. Mrj25 Platinum
112. Mt69sinai Bronze
113. MsCoffeenut Bronze
114. myogenix Platinum
115. Nader Platinum
116. Navycmdr
117. Nitwit
118. Nocluetrader
119. Nogoodtrader Bronze
120. Nomonet Bronze
121. nvpickle Gold
122. Obiterdictum
123. Onemanband
124. 1956 Packard Gold
125. Patrick821 Gold
126. PatriotFan
127. pauldc1066 GOLD
128. Penny chaser 22K @ 1.81
129. Pharaoh-1
130. philster812 Bronze
131. PinkBu
132. QueenVic Bronze
133. Ranger425
134. ReadyToRumble
135. RecreationalPlayer
136. Redscud Bronze
137. Redsolocup Platinum
138. Reyprimero
139. RickNagra Platinum
140. Roacher GOLD
141. Robpad Bronze
142. rocco2
143. Rockie Gold
144. Sage4
145. Santana10
146. Simple22
147. Sittingduck
148. Skidoo31
149. Shopgirl Bronze
150. Sillysisi Silver
151. SLJB
152. Slob
153. Snapple Silver
154. Soundguy Bronze
155. Stevelwr1
156. Stockprofiter Platinum
157. Straightline Gold
158. Strykerd
159. Surfonium Gold
160. SurrealPhoton
161. Sworksmax
162. Taty Platinum
163. Tkallls
164. The Shadow Gold
165. TheWhale
166. Timster
167. Thexsandos Gold
168. TKane Bronze
169. Travel5
170. Traybaby
171. Usmcvet
172. Victor Newman Bronze
173. wcharlie Gold
174. Wesdawg
175. Woven Oxygen Bronze
174.5 WildTwins Bronze
175. Zargis
176. Zazookaz Silver
177. Zephadiah
178. ZOH Silver
Huge report of fnf restoration...Green shoot#
http://dsnews.com/news/03-02-2015/treasury-official-says-administration-ready-willing-able-talk-housing-finance-reform
Also...watch CZR...
CBRL has been on a terror since October Earnings yesterday it blew UP... JCP Next with Earnings tomorrow target $12. and next week SPTN Earnings. ..
FNMA FMCC LONG LIST WILL BE LOCKED AT FIVE BUCKS.
This is the latest FNMA and/or her brother Long List. Please let me know if you see anything that needs to be corrected. I am looking for FnF Longs to hold their core holdings until FnF is restored. I will PM a very special invitation to the Wynn FnF Restoration Celebration Toast, which will be a memorable toast event of a lifetime. If you just notified me this past weekend, please remind me as I did not have the list with me...thanks! There may be some on this list with less than 20,000 shares, but have made significant DD contributions and positive posts in support of LONGS. $FNMA FMCC
1M shares and up – Diamond; Platinum 75 and up; 50k shares and up – Gold; 20k shares and up – Silver; less than 20k - Bronze.
1. 1AAA Platinum
2. 3antar
3. 888888888 Gold
4. 8mileshigh Silver
5. 10bambam Platinum
6. 4Duxs
7. Ackman Diamond
8. Ada
9. Adamzx717
10. Adhuntr
11. AlwaysInStock
12. Alwayswondering
13. Andydub Gold
14. Armstka Bronze
15. Ayatollahrocknrolla
16. AugWest Bronze
17. Beetlejuice
18. Biscayne62 Gold
19. blanka General 1,000,000 points
20. Berkowitz Gold
21. BigBenWallace
22. Bigstocksnbonds Bronze
23. BigWill Bronze
24. Bostonsesco Bronze
25. brharris
26. Buffett Diamond
27. Cate Gold
28. CatBirdSeat Platinum
29. Celtic Bronze
30. Chessmaster315
31. Charlie1988
32. Chosenuno
33. Clearday
34. cldubu Bronze
35. Cobra Khan
36. Condor65 Silver
37. Conkster49 Bronze
38. Cooler_Heads Silver
39. Corktown Bronze
40. cw24cents
41. Dabeav Bronze
42. Dadx4
43. Darrell00 Gold
44. Danno cal
45. David 302
46. Dick Bove Platinum
47. Demar
48. Detearing Platinum
49. Dollars1
50. DuckDynasty Gold
51. eleckp Bronze
52. Fanniefreddieforever
53. Feralcomprehension
54. Filmoepro Gold
55. Financialwin Platinum
56.
57. FNMA0die-hard Platinum
58. garderlafoi
59. GetRich1Day
60. GergeFa Gold
61. Godinez77 Silver
62. Grassi Bronze
63. Green2013
64. GreenWizard Bronze
65. Gswill
66. Harleydude22 Silver
67. hbmetalman Gold
68. Hessapts Platinum
69. Hollyk Bronze
69.5 Hotpick Gold
69.5 hvpatel
70. Icahn Diamond
71. Il Padrino Gold
72. illegal_alias Bronze
73. Implication Bronze
74. ItsMyOption Platinum
75. Is1240
76. Jbeach Bronze
77. J-Bear GOLD
78. Jacked
79. Jarenawer Platinum
80. JAWZZ GOLD
81. JEDIDIAH
82. JeddieMack
83. Jestiron
84. Jmb0173 Platinum
85. Joesocc1 Platinum
86. John Deere 1 Platinum
87. judypudy Bronze
88. Kabanch GOLD
89. Karpito
90. Kicks66 Gold
91. Kingdmc Gold
92. Kingu1ysnmbr1 Silver
93. LasNubes
94. LGJ letgojoe Bronze
95. Lens Cleaner Gold
96. Letgoofmyfannie Platinum
97. lollybella Silver
97.5 Louise Rafter Platinum
98. Lookaheadfuture GOLD
99. Lubberboy
100. Lumpina
101. Milton Waddams Bronze
102. m285 Gold
103. maclorjoe Silver
104. Malebaboon
105. Mathan22 Silver
106. McInc
107. Mdran1
108. Melly4
109. Mike usa
110. MPowerKai Silver
111. Mrj25 Platinum
112. Mt69sinai Bronze
113. MsCoffeenut Bronze
114. myogenix Platinum
115. Nader Platinum
116. Navycmdr
117. Nitwit
118. Nocluetrader
119. Nogoodtrader Bronze
120. Nomonet Bronze
121. nvpickle Gold
122. Obiterdictum
123. Onemanband
124. 1956 Packard Gold
125. Patrick821 Gold
126. PatriotFan
127. pauldc1066 GOLD
128. Penny chaser 22K @ 1.81
129. Pharaoh-1
130. philster812 Bronze
131. PinkBu
132. QueenVic Bronze
133. Ranger425
134. ReadyToRumble
135. RecreationalPlayer
136. Redscud Bronze
137. Redsolocup Platinum
138. Reyprimero
139. RickNagra Platinum
140. Roacher GOLD
141. Robpad Bronze
142. rocco2
143. Rockie Gold
144. Sage4
145. Santana10
146. Simple22
147. Sittingduck
148. Skidoo31
149. Shopgirl Bronze
150. Sillysisi Silver
151. SLJB
152. Slob
153. Snapple Silver
154. Soundguy Bronze
155. Stevelwr1
156. Stockprofiter Platinum
157. Straightline Gold
158. Strykerd
159. Surfonium Gold
160. SurrealPhoton
161. Sworksmax
162. Taty Platinum
163. Tkallls
164. The Shadow Gold
165. TheWhale
166. Timster
167. Thexsandos Gold
168. TKane Bronze
169. Travel5
170. Traybaby
171. Usmcvet
172. Victor Newman Bronze
173. wcharlie Gold
174. Wesdawg
175. Zargis
176. Zazookaz Silver
177. Zephadiah
178. ZOH Silver
FNMA FMCC LONG LIST WILL BE LOCKED AT FIVE BUCKS.
This is the latest FNMA and/or her brother Long List. Please let me know if you see anything that needs to be corrected. I am looking for FnF Longs to hold their core holdings until FnF is restored. I will PM a very special invitation to the Wynn FnF Restoration Celebration Toast, which will be a memorable toast event of a lifetime. If you just notified me this past weekend, please remind me as I did not have the list with me...thanks! There may be some on this list with less than 20,000 shares, but have made significant DD contributions and positive posts in support of LONGS. $FNMA FMCC
1M shares and up – Diamond; Platinum 75 and up; 50k shares and up – Gold; 20k shares and up – Silver; less than 20k - Bronze.
1. 1AAA Platinum
2. 3antar
3. 888888888 Gold
4. 8mileshigh Silver
5. 10bambam Platinum
6. 4Duxs
7. Ackman Diamond
8. Ada
9. Adamzx717
10. Adhuntr
11. AlwaysInStock
12. Alwayswondering
13. Andydub Gold
14. Armstka Bronze
15. Ayatollahrocknrolla
16. AugWest Bronze
17. Beetlejuice
18. Biscayne62 Gold
19. blanka General 1,000,000 points
20. Berkowitz Gold
21. BigBenWallace
22. Bigstocksnbonds Bronze
23. BigWill Bronze
24. Bostonsesco Bronze
25. brharris
26. Buffett Diamond
27. Cate Gold
28. CatBirdSeat Platinum
29. Celtic Bronze
30. Chessmaster315
31. Charlie1988
32. Chosenuno
33. Clearday
34. cldubu Bronze
35. Cobra Khan
36. Condor65 Silver
37. Conkster49 Bronze
38. Cooler_Heads Silver
39. Corktown Bronze
40. cw24cents
41. Dabeav Bronze
42. Dadx4
43. Darrell00 Gold
44. Danno cal
45. David 302
46. Dick Bove Platinum
47. Demar
48. Detearing Platinum
49. Dollars1
50. DuckDynasty Gold
51. eleckp Bronze
52. Fanniefreddieforever
53. Feralcomprehension
54. Filmoepro Gold
55. Financialwin Gold
56. Finerman Diamond
57. FNMA0die-hard Platinum
58. garderlafoi
59. GetRich1Day
60. GergeFa Gold
61. Godinez77 Silver
62. Grassi Bronze
63. Green2013
64. GreenWizard Bronze
65. Gswill
66. Harleydude22 Silver
67. hbmetalman Gold
68. Hessapts Platinum
69. Hollyk Bronze
70. Icahn Diamond
71. Il Padrino Gold
72. illegal_alias Bronze
73. Implication Bronze
74. ItsMyOption Platinum
75. Is1240
76. Jbeach Bronze
77. J-Bear
78. Jacked
79. Jarenawer Platinum
80. JAWZZ GOLD
81. JEDIDIAH
82. JeddieMack
83. Jestiron
84. Jmb0173 Platinum
85. Joesocc1 Platinum
86. John Deere 1 Silver
87. judypudy Bronze
88. Kabanch GOLD
89. Karpito
90. Kicks66 Gold
91. Kingdmc Gold
92. Kingu1ysnmbr1 Silver
93. LasNubes
94. LGJ letgojoe Bronze
95. Lens Cleaner Gold
96. Letgoofmyfannie Platinum
97. lollybella Silver
98. Lookaheadfuture GOLD
99. Lubberboy
100. Lumpina
101. Milton Waddams Bronze
102. m285 Gold
103. maclorjoe Silver
104. Malebaboon
105. Mathan22 Silver
106. McInc
107. Mdran1
108. Melly4
109. Mike usa
110. MPowerKai Silver
111. Mrj25 Platinum
112. Mt69sinai Bronze
113. MsCoffeenut Bronze
114. myogenix Platinum
115. Nader Platinum
116. Navycmdr
117. Nitwit
118. Nocluetrader
119. Nogoodtrader Bronze
120. Nomonet Bronze
121. nvpickle Gold
122. Obiterdictum
123. Onemanband
124. 1956 Packard Gold
125. Patrick821 Gold
126. PatriotFan
127. pauldc1066 GOLD
128. Penny chaser 22K @ 1.81
129. Pharaoh-1
130. philster812 Bronze
131. PinkBu
132. QueenVic Bronze
133. Ranger425
134. ReadyToRumble
135. RecreationalPlayer
136. Redscud Bronze
137. Redsolocup Platinum
138. Reyprimero
139. RickNagra Platinum
140. Roacher GOLD
141. Robpad Bronze
142. rocco2
143. Rockie Gold
144. Sage4
145. Santana10
146. Simple22
147. Sittingduck
148. Skidoo31
149. Shopgirl Bronze
150. Sillysisi Silver
151. SLJB
152. Slob
153. Snapple Silver
154. Soundguy Bronze
155. Stevelwr1
156. Stockprofiter Platinum
157. Straightline Gold
158. Strykerd
159. Surfonium Gold
160. SurrealPhoton
161. Sworksmax
162. Taty Platinum
163. Tkallls
164. The Shadow Gold
165. TheWhale
166. Timster
167. Thexsandos Gold
168. TKane Bronze
169. Travel5
170. Traybaby
171. Usmcvet
172. Victor Newman Bronze
173. wcharlie Gold
174. Wesdawg
175. Zargis
176. Zazookaz Silver
177. Zephadiah
178. ZOH Silver
Loaded RSHCQ at .1 and up to .28...feelin' great!$$$$$
FNMA FMCC PULLBACK could be a good opportunity to load...these GSE's are the best potential to dramatically pop and make a portfolio mighty big green.
Big Winners Today!!
RGSE
RSHCQ
MDBX
XIDEQ
ICA
SID
DENN
WTW
PLUG
If only we could predict the future...my biggest wins are by far on dis plays. GGWPQ PGPDQ AAMRQ...look at em now. GGP PPC AAL. I made a ton and still boldly hold for more gold.
FNMA FMCC my biggest bets ever. XIDEQ could be a surprise too. Made a ton on recent Radio Shak Run from 10 to 21 cents.
I will try to post the fnf toast list this week.
Stocks I likes Lots...FNMA FMCC X AKS SID GSI MTL BYD WYNN MGM KKD LOCO PPC GRPN XIDEQ ZNGA WTW HOV KBH MTW MNTX
FNMA FMCC Warm Up Toast - LAS VEGAS, NV - TOAST AT WYNN
Parasol Up
February 16 & 17
7 PM to 10 PM
PM me if you want to attend.
Detearing:
Let me know what you think.
WPCS
http://marketexclusive.com/blackrocks-stake-in-wpcs-may-be-signaling-an-imminent-takeover/
My favorite distressed stocks remain FNMA FMCC...no doubt. Unjustice has been done to all my winning stocks and when justice happens, well, let's just say, big green in the portfolio...
I do recall hard times for GGWPQ when they had to restructure, when Ackman entered the pps started to gain to 60 cents area...lol...look at GGP now!
I remember PPGDQ had hard times...I remember listening to chicken farmers chatter and next thing I know I am selling around 12 bucks...reentered big under five bucks and now, well, let's just say I like chicken.
AAL had Q once I do recall...the stock was under forty cents when I got my ticket to ride...doubled down when DOJ sued to stop the merger...mercy me...hardest thing I ever did was to double down...now debt free and big green in my portfolio...
RSHC could be something...no one really knows...I like a lil' risk in my portfolio and this is one of em...
Others I like and see upside are KBH HOV CAT MTW MNTX PPC TSN LOCO X AKS MTL SID ICA BYD PENN WYNN LVS LIVE
RSHC - Distressed Stock...put some dough in near open...high risk high reward...I called AMZN being interested a long long time ago and just a couple days ago it came out as news...love being right. Now, the way I see it, if AMZN and S can make a difference, then there will be a big green difference in my portfolio...what da yah know!
Just watching it. AMZN steps in...who knows...long shot...RSHC.
I like X AKS MTL USO COP FNMA FMCC LIVE PLUG SPWR ICA SWHC DENN WEN FDX
detearing, any thoughts on RSHC
the old Radio Shack Corp. (newly delisted) ?
now trading at eleven cents....
~~~~~~~~~~~~~~~~~~
I made a ton on AAL. AAMRQ had a boatload under 40 cents and sold some around six bucks. Doubled down around 2.5....most difficult thing I ever did. Now I put bunch in oil...influenced by pairs trading...
I sold AAL mid 50s and put into COP and USO. I am estimating bottom around here. Big pop in USO and drop in AAL gave me some confirmation. Turning momentum takes news and not sure if tide has turned based solely on news.
Drop in oil impacts steel sector and MTL X did very well for me yesterday.
Great day for an overall down market day.
Eyeing MTL X AKS SID LIVE ICA HOV SPWR PENN MDBX MJNA XIDEQ
BP 60 min. MACD about to reverse...COP is not close...USO MACD reversed a while ago yet is a double from here imo.
.
NEWL 8:30a ET January 27, 2015 (PR NewsWire)
NewLead Holdings Ltd. (OTC: NEWL) ("NewLead" or the "Company") announced today that it recently added five bitumen tanker vessels to its fleet. The Company has expanded its fleet to 10 vessels in less than a year while performing on its strategy to capitalize on opportunities that arise in the market Yuri.
http://photos.prnewswire.com/prnvar/20150127/171573LOGO
NewLead completed the acquisition of three bitumen tankers, the "Captain Nikolas I", the "Nepheli" and the "Sofia", for a purchase price of approximately $21.0 million, to be paid through a combination of equity and debt financing. The other two bitumen tankers, the "Ioli" and the "Katerina L", were added to NewLead's fleet following two separate bareboat/leasing agreements. The Company has the option to purchase the last two vessels at any time during the term of the bareboat/leasing agreements but has the obligation to purchase both vessels at the end of the term of such agreements, for an aggregate purchase price of a minimum of approximately $6.05 million together with the payment of any remaining unpaid trade debt on both vessels. The Company is expected to make a payment of approximately $4.23 million in connection with the delivery of the last two vessels. The delivery payment and the payment at the end of the agreements to purchase the vessels are expected to be paid, through the issuance of shares of common stock of the Company, all as described in the agreements included in the Company's Current Report on Form 6-K filed on January 27, 2015.
Four of the five vessels, the Captain Nikolas I, the Nepheli, the Ioli and the Katerina L, were built in 2009 and the Sofia was built in 2008. NewLead has been managing the Captain Nikolas I and the Sofia for over a year. The remaining three vessels were delivered to NewLead's fleet at various times during the fourth quarter of 2014.
The gross earnings from the employment of all five vessels are expected to be $12.65 million per year. All five vessels are expected to generate an aggregate of approximately $5.61 million of EBITDA per year assuming an aggregate of $7.04 million of yearly operating expenses. Four of the five bitumen tanker vessels are trading on the spot market and the Nepheli is on a period time charter until August 2015.
Mr. Michael Zolotas, Chairman and Chief Executive Officer of NewLead, stated, "NewLead continues to deliver on its commitments to create value for its shareholders and grow its fleet while improving the age profile as well as their tradability, increasing the cash flow as well as the revenues of the Company. Today, NewLead's average fleet age is 7.39 years compared to 17.84 years at the beginning of 2014."
Mr. Zolotas, continued, "NewLead invested in young, high quality sophisticated bitumen tanker vessels to capture opportunities in emerging economies and niche markets with relatively low competition. NewLead's long term relationships with oil majors and fuel oil companies will allow responsiveness to market opportunities as well as support its commitment to continue to grow its fleet."
Fleet Update
The following table details NewLead's fleet as of January 27, 2015:
Vessel Name Size (dwt) Vessel Type Year Built
Dry Bulk Vessels
Newlead Castellano 35,542 Eco-type Handysize 2013
Newlead Albion 32,318 Eco-type Handysize 2012
Newlead Venetico 32,500 Eco-type Handysize 2012
Newlead Victoria 75,966 Panamax 2002
Newlead Markela 71,733 Panamax 1990
Tanker Vessels
Captain Nikolas I 5,887 Chemical Tanker/Asphalt Carrier 2009
Katerina L 3,357 Chemical Tanker/Asphalt Carrier 2009
Nepheli 3,416 Chemical Tanker/Asphalt Carrier 2009
Ioli 3,396 Chemical Tanker/Asphalt Carrier 2009
Sofia 2,888 Chemical Tanker/Asphalt Carrier 2008
Gema1 19,831 Oil Tanker 2001
1. This is a third party vessel under management
About NewLead Holdings Ltd.NewLead Holdings Ltd. is an international, vertically integrated shipping, logistics and commodity company, providing ideal solutions for seaborne transportation of dry bulk commodities and petroleum products through owned and managed vessels. NewLead controls a fleet of ten vessels, including five dry-bulk and five tanker vessels and manages one third party tanker vessel. NewLead's common shares are traded under the symbol "NEWL" on the Over-the-Counter market. To learn more about NewLead Holdings Ltd., please visit NewLead's website at www.newleadholdings.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995This press release includes assumptions, expectations, projections, intentions and beliefs about future events. These statements, as well as words such as "anticipate," "estimate," "project," "plan," and "expect," are intended to be ''forward-looking" statements. We caution that assumptions, expectations, projections, intentions and beliefs about future events may vary from actual results and the differences can be material. Forward-looking statements include, but are not limited to, such matters as the creditworthiness of our counterparties, the reliability of reserve reports, our ability to extract or acquire coal to fulfill contracts, the consummation of conditional contracts, future operating or financial results; our liquidity position and cash flows, our ability to borrow additional amounts under our revolving credit facility and, if needed, to obtain waivers from our lenders and restructure our debt, and our ability to continue as a going concern; statements about planned, pending or recent vessel disposals and/or acquisitions, business strategy, future dividend payments and expected capital spending or operating expenses, including dry-docking and insurance costs; statements about trends in the product tanker and dry-bulk vessel shipping segments, including charter rates and factors affecting supply and demand; expectations regarding the availability of vessel acquisitions; completion of repairs; length of off-hire; availability of charters; and anticipated developments with respect to any pending litigation. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in our records and other data available from third parties. Although NewLead believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, NewLead cannot assure you that it will achieve or accomplish these expectations, beliefs or projections described in the forward looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including changes in charter rates and vessel values, failure of a seller to deliver one or more vessels, and other factors discussed in NewLead's filings with the U.S. Securities and Exchange Commission from time to time. NewLead expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in NewLead's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Investor and Media Relations: Elisa Gerouki NewLead Holdings Ltd. Telephone: + 30 213 014 8023Email: egerouki@newleadholdings.com
I recently got into USO COP. Also added to X AKS. XIDEQ board has a few apparently spending hours of dd on the bk court proceedings. I won GGWPQ.GGP AAMRQ.AAL PGPDQ.PPC and timed many at near all time lows HOV BZH CZR BYD HOG WYNN KKD CAR CBGI SBUX LUV JBLU.
Oil price dropped steel sector as demand for piping lowed. Exciting time.
I have exposure to Europe and do see upside...Euro parity with dollar could happen...imo. I do see more upside than US in long run...
Hey detearing as I ask awhile back about Europe market... I made up my mind this yr I am going all out and getting in my European fund 60/40 I really think that its going to bounce back.... Alot of money is pouring in to Europe by U.S. companies buying them out and merging when its down... I got about 200k I made a bundle in the U.S. funds in large caps now its time to direct it in Europe. .. Any thoughts????
My big winners so far today...
CZR PENN SPWR BYD CACQ HOV
MVTG will be the next OTCQB to Move to Senior Exchange.
2015 will be the Year of Clean Energy and MVTG has all the right Technology for Commercialization.
Summary of What Mantra Venture/Energy is about.
Click on Links for FAQ for MVTG Technology and uses:
What is ERC ?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108977865
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108973793
What is a ERC Pilot Plant?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108893095
What is MRFC(Fuel Cell)Technology
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108892610
How can MVTG make Revenue from the ERC Technology?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108989042
How can MVTG Compete with Power Plug, Ballard and other Hydrogen Fuel Cell Companies?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108991564
part2
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108991824
Mantra Energy: The Future of Portable Fuel Cell Technology?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108822375
How is Mantra Protected on thier Technology Link for Proof of Patents:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108842745
Who are MVTG Partners:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108835026
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108863033
Is there a Video on the Technology:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108842870
ALL SEC FILING ON MVTG:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001413891&owner=include&count=40
ALL NEWS ON MVTG:
http://www.marketwired.com/AdvancedSearch/AdvancedSearchResults.aspx?sid=d9adda7d-8a62-4ad2-8409-d3a7ad10852f
MVTG
MVTG Announced News After hours! Time to do DD and connect the DOTS looking Really Good for 2015 !!!
Very Excited when all come together!!! Watch a close eye and accumulate...
http://www.marketwired.com/press-release/mantras-ceo-issues-year-end-letter-to-shareholders-otcqb-mvtg-1979797.htm ;
December 30, 2014 16:15 ET
I recently added or started new positions...X AKS GPT USO ICA MNTX.
Pleasantly surprised by GGP AAL MTW LIVE.
Holding tight to FNMA FMCC.
Just moved my Corporate headquarters 3 miles.
HAPPY NEW YEAR!
This Des Moines court case may change the Freddie, Fannie investor sweep
Judge will rule whether Continental Western Insurance has standing
Trey GarrisonDecember 26, 2014 11:50AM1 Comment
scale and gavel
GSE investors nationwide are watching a court case in Des Moines to see if the federal government’s seizure of Fannie Mae and Freddie Mac profits is, in fact legal.[/t]
InsideSources has the story.
Continental Western Insurance Co., a Des Moines-based regional insurer that owns shares in Fannie Mae and Freddie Mac, recently sued the U.S. Government in federal court because the U.S. Treasury has claimed all of Fannie Mae and Freddie Mac’s profits, denying shareholders their share of dividends. U.S. District Judge Robert Pratt for the Southern District of Iowa will be ruling on Continental Western’s legal standing.
Many investors across the country are tied to the fate of these companies. This includes those saving for retirement with mutual funds, which remain some of the largest investors in Fannie and Freddie stock. Judge Pratt’s decision could have a direct impact.
According its most recent financial report, published last week but covering only up until June 30, 2014, the Iowa Public Employee Retirement System has over $1 billion invested in both Fannie Mae and Freddie Mac.
The lawsuit stems from the federal government’s decision to place Fannie Mae and Freddie Mac under conservatorship of the Federal Housing Finance Agency (FHFA). As the FHFA’s own website explains this role: “A Conservator is the person or entity appointed to oversee the affairs of a Company for the purpose of bringing the Company back to financial health.”
How the government has run the enterprises as conservator is precisely what has precipitated the legal action by the plaintiffs, who represent investors in both Fannie and Freddie.
STEV - .067 sittin' near its 52 wk low of .0605 ??
You too Detearing Merry Christmas and have a Blessed 2015 ....
Merry Christmas to you too.
Likewise!
Have a wonderful year ahead! Mr. King Long!
Merry Christmas!
I have successfully moved my corporation up the street three miles. I look forward to 2015!
Yes you are Detearing!
MVTG will also be one to have in your portfolio as just this past week
MVTG was announced on Hi Alpha for RB MILESTONE as a PORTFOLIO MEMBER!~~!
RB Milestone has Strong credibility take a look at thier front page with ExxonMobil Credit Suisse, Citigroup, and more Reviewing how they are One of the best at what they do!
http://www.rbmilestone.com/
$MELY .0001
Highlights
*Secured $2,000,000 in cpn financing - convertible 2 years after issue date
*Working on implementing $200,000-400,000 revenue stream
*Is issuing a preferred shares dividend to shareholders as of 1/15/15
*Solid leadership team
visit the board for more information.
http://investorshub.advfn.com/Microelectronics-Technology-Company-MELY-8684/
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