HumetPBC North America Inc. (fka HMTP)

[wiltonio]

STANDARD DIVERSIFIED OPPORTUNITIES INC. has filed a new activist 13D, reporting 52.2% ownership in $TPB - https://fintel.io/so/us/tpb and https://fintel.io/i/standard-diversified-opportunities

[Renee]

HMTP FINRA deleted symbol:

http://otce.finra.org/DLDeletions

[rheddle]

80k all of a sudden today - not much but hmmm

[rheddle]

Still waiting..... Will email Hatchie again to see what comes of it.

[rheddle]

How does a 15c2-11 work?

A 15c2-11 is a legal filing that allows a corporation with a market for its securities to begin trading registered securities. Rule 15c2-11 requires that broker-dealers include certain pieces of information in the 211 application that is, in turn, reviewed by the National Association of Securities Dealers (NASD). Although audited financials (which can cost thousands of dollars) are not required much of the information required is similar to that included in a registration statement. Even though audited financials are not required, a financial statement must be provided in accordance with Generally Accepted Accounting Principles (GAAP).

Broker-dealers perform due diligence on the company filing the 15c2-11 and specifically review:

* The issuance of outstanding shares
* To whom and at what price they were issued
* The ration of free trading versus restricted shares

Once due diligence is completed, the broker-dealer files a Form 2-11 with the NASD and the NASD is compelled to return comments in less than 30 days. Once the NASD comments have been satisfied the NASD declares the filing effective and the begins trading the OTC-Bulletin Board subject to company becoming a reporting company under the Securities Exchange Act of 1934 or on the Pink Sheets if there are no reporting requirements. From start to finish the process typically takes less than 120 days.
What ar

[rheddle]

Grey Sheet Shell Companies -This was helpful for me to understand what is going on as well - R

A Grey Sheet Shell Company is a Pink Sheet that has not filed a 15c2-11. Due to this fact, all orders to purchase the accompanying stock must be unsolicited and the issue is “non-piggyback” qualified for market makers. This means that each market maker is responsible for conducting their own due diligence and cannot rely upon the due diligence of another market maker who has previously quoted a bid or ask price for the stock.

A Grey Sheet is a non-reporting entity and is sought out by companies who are interested in going public in the sense that they have a symbol, transfer agent and shareholder base, but do not have the immediate need for high liquidity and high trading volume of their stock. It is a sound vehicle for companies in need of capital in the amount of $1 million or less and can be ideal for conducting Rule 504 registered public offerings; Rule 504 accredited investor offerings and similar exempt intra-state offerings.

Grey Sheet Shells and their relevant offerings are generally for young or start-up companies that do not want to actively trade their stock and attract attention from the street until they have completed acquisitions; generated increased revenues or completed other short-term (less than five years) plans, but still desire the benefits of being a publicly traded company. These companies have the ability to: attract investors who want to know that there is an exit strategy in place for the near future; increase acquisition strength; attract venture capitalists; and enjoy the general status benefits of being a public entity.

Grey Sheets are also used by companies that already have a small number of shareholders to help them establish a larger shareholder base by conducting a 504 offering as discussed above. Typically, the NASD considers a shareholder base as a factor in approving 15c2-11 applications for market maker quotations on either the pink sheets or bulletin board. Consequently, and importantly, Grey Sheet Shells can assist companies establish a trading history ­ through the 504 offering and with sophisticated investors, without the added expense of being a reported entity.

Since Grey Sheets do not qualify for short sales, the fear of short selling by the street is also eliminated. Also, because market makers may only quote unsolicited bids and asks and cannot “make a market” in a grey sheet stock, there is no concern of a market maker short selling the Grey Sheet stock either.

Grey Sheets can evolve into Pink Sheet Shells or Bulletin Board Shells by filing a Form 10 or similar registrations statement as well as a 15c2-11 application to be quoted on the bulletin board, and may even bypass the application to be quoted on the pink sheets.

Grey Sheets can range in price from $50,000 to $90,000.

[rheddle]

Morten - one to two months until this uplists from the greys and onto the pinksheets. I spoke to the CEO yesterday and he explained that they are working on finalising the paperwork right now.

He told me a month, but asked me to give him two to sort it out - probably just to give him the breathing room in case any paperwork glitches come up in the mean time.

Looks like this is going to happen shortly though.

I knew a private company wouldn't merge into a grey shell (PZFC) then do a symbol change and then merge with Humet in Europe if there weren't a master plan.

My only 2 fears are as follows:

1. The float is only 100,000 shares. Leaves the door open to dilution.
2. The old owners of the PZFC symbol were paid stock in the new company, so there may be a seller into any run as I don't know if the shares were restricted or not.

What I like:

1. Interesting business plan.
2. Presidents Financial and Humet (the two entities of the merged company Humet PBC) are both companies with REVENUES.
3. Wayne said yesterday that he couldn't give anything away, but they have some exciting stuff coming up.

My original 5 cent buy was only for a small number of shares, but I plan on adding to this as this develops.

GL - R.

[rheddle]

Any updates from Germany Morten ? e

[rheddle]

Hold back the volume monster - LOL e

[rheddle]

My big hope for this is that there is a good reason why this is quiet. The latest financial information on pinksheets.com under the HMTP symbol relates to PZFC (pre RM ticker symbol) and my I think that the company has not chosen to do any PR at all due to this trading on the grey. My biggest hope relates to the following question: Why take over a shell trading on the greys, if you intend to sit on it for months and not update shareholders?

I am guessing we may see a filing here at some point designed to move this stock off the greys on to a higher exchange where this can trade. At that point, we will see some action.

At the moment, it would seem to be pointless having gone public at all as we have heard almost nothing. There must be something going on IMO and I am in to find out.

[mr70854]

Now we are getting ready to clime once again !!!


On the German markets it has advanced over 100 % in two days in great volume, to 0,036 euro or about 0.05$, so iam loking forward to some nice climes in the following days, if it is being traded.

link to the german exchange site with HMTP:
http://www.wallstreet-online.de/community/thread/1122887-1.html


best Regards

Morten

[rheddle]

Somebody let a small load go at .02 today. First trade in what seems like weeks.

[rheddle]

Where did you see this Morten? I tried to google it the other day and didn't come up with anything.

Are you able to post a link to the board please?

[mr70854]

Great News on HUMETPBC

Great news from Hungary on HMTP on new products and news structure will lead to a price between 0,35-,50 in a matter of weeks!!!!

THis stock is therefore a strong BUY, and it is stil posible to buy low at 0,05 at this moment, but for how long.


Best Regards
Morten

[rheddle]

e-mail from Wayne Hachie below:

---------------------------------

From: "Wayne" <[e-mail]> Add to Address BookAdd to Address Book
To: "'robert heddle'" <[e-mail]>
Subject: HMTP questions
Date: Tue, 10 Apr 2007 15:50:11 -0700

Dear Robert,



We are presently still in negotiations and will make our material changes on the public forum via news releases/wires etc as they become available.



In the meantime, I would suggest you go to the public forum for your updates.



Sincerely,



Wayne Hachie

-------------------------------------------------------

I am quite keen to see what he means by "we are still in negotiations" when advising me to go to the public forum for updates.

His e-mail was sent after the merger with Humet, so what could be next I wonder?

Got to respect the fact that the company hasn't come out with a load of fluff PR's and that the CEO is being tight lipped about everything. Shows me they are not in for a short term pump and dilute by the looks of it.

[rheddle]

Interesting news piece below about Pharmanutrients Botanical dating back to 2005, which explains some of Wayne Hachies goals.

Of interest is the fact that the North American market accounted for 95% of Pharmanutrient Botanicals sales, with Europe only accounting for 5%. They were partnered with Humet prior to merging with them to form HMTP, but one would expect that European sales would be more than 5% now of course. Wayne says he wants Europe to account for 25% of his business, which is decent growth from the current 5% IMO.

Article below dotted line:

--------------------------------------------------------

North American suppliers invade Europe






News Archives

All news for March 2007
All news for February 2007

5/16/2005 - Last week’s Vitafoods exhibition in Geneva attracted 30 percent more visitors than previous years, according to the organizers. Jess Halliday asked some of the North American companies exhibiting what attracts them to the European market.

For Vitafoods first-timer Ocean Nutrition Canada (ONC), the inroads into Europe are signposted by growing demand for omega-3, according to VP marketing and new product development Ian Lucas.

Requests from European customers who had been let down by their usual suppliers coincided with a major expansion in capacity by ONC, which began with a $10 million expansion of omega-3 fish oil concentrate production in Mulgrave, Nova Scotia last year and continued with the purchase of a new production facility in Arcadia, Wisconsin in February.

The Arcadia facility will be dedicated to servicing the US omega-3 market, freeing up the Novia Scotia plant to fulfil orders from Canada, Europe and Asia.

A report on nutritional oils from market research firm Frost & Sullivan revealed that Europe's omega-3 market was worth $195 million in 2004, with marine oils accounting for 77 per cent of this total.

“We are now making enough product to ship to Europe and to address lead times,” said Lucas.

In September the standard fish oils and omega-3 fish oil concentrates produced by ONC become the first dietary supplement ingredients to be certified under the United States Pharmacopeia's (USP) new ingredient verification program.

Lucas maintains that this certification acts as a rubber stamp to the quality of ONC's products and is speeding its entry into Europe, as the USP standards are recognized throughout the world.

But for ONC compatriot Pharmanutrients Botanical Corporation, the tightening of regulations on the American side of the Atlantic has prompted diversification overseas.

Under the new Natural Health Products Directorate all supplements products marketed in Canada that make a health claim must display a natural health product (NHP) number for each of their ingredients.

But the burden for providing the science that proves efficacy falls to the manufacturers not raw materials suppliers, a scenario that wrestles control of sales potential out of the company's hands, president Wayne Hachie told NutraIngredients-USA.com.

“Finished product problems in Canada will impact on raw materials, so we need to diversify,” said Hachie.

The situation is generating anxiety since at present around 63 percent of Pharmanutrients Botanical's sales come from Canada, compared with 32 percent from the United States.

This year was Pharmanutrients Botanical's second as a Vitafoods exhibitor. In value terms, European sales are currently only five percent of Hachie's overall business, but exhibiting at Vitafoods is key to his plan to increase this presence five-fold.

“I would love Europe to be at least 25 percent of my business,” he said.

To bring this about, Hachie is currently looking for a joint venture partner in Europe and would like to have an agreement in place by June or July.

One company that has capitalized on its presence at Vitafoods over the past seven years is New Jersey-based Stryka Botanicals, which now makes 20 percent of its sales in Europe.

President Brian McNally told NutraIngredients-USA that he would like to see this proportion grow to 50 percent in the next three years.

Success in Europe is a lot less fickle than in the US, he said. Customers subject products to rigorous testing procedures before accepting them and, once they are satisfied, they are less likely to chop and change between suppliers whenever they are offered a cut-price deal.

McNally added that having an active presence in Europe also adds credibility in the United States. More stringent regulations in Europe mean that products sold there are perceived to be higher quality than those that just meet domestic standards.

His viewpoint brings the argument full circle from Lucas'. The companies' opposing experience would suggest that it works both ways: a respected presence in Europe can help build reputation in the United States and vice versa.

Although the US and Europe are governed by different regulatory and quality demands, there are interdependencies at play which could prove the key to success on a global scale.


http://www.nutraingredients-usa.com/news/ng.asp?id=60016-north-american-suppliers

[mr70854]

Hey

Yes i Do speak German but its is written in hungarian.

So i cant read it, but its a good thing thaht the stock is being discusses abroad.

[rheddle]

Morning Morten. Do you speak German, because I found a forum with mentions about Humetpbc in the link below:

http://www.portfolio.hu/forum/print.tdp?cCheck=1&t=4104

If you do and find anything interesting that we don't know here, please let the board know.

Thanks, Robert.

[mr70854]

HMTP

Today we are up 22,64 % on the Frankfurt marked, its getting interesting to see what is going to happend in the US.

[rheddle]

I think a lot of people will end up reading the early posts on this board wishing they had got in once the news comes.

The merged Pharmanutrients plus Humet PLC is way more valuable than the current market cap with the share structure the way it is.

Looking forward to cheering with you once the plans are revealed Morten.

Cheers ! Off for a few beers, Robert

[mr70854]

Hey

Hmtp is a bargain at ,1 the fundamentals are sound and the future for the company is prosperous.

i can only recommending people buying it at ,10 and all the way to ,15 without any concern.

Best Regards
MOrten

[mr70854]

Hey

I am a bit concerned about the rumors about the Spam mails wich are cerculating at the moment,

Ex.
http://www.spamnation.info/go/stock/L9Z.F

I also recently got one,

I some way i am concerned because i have seen KKPT had the same problems and they got suspended for a period of a week or so.

But when the rumors stops the price will advance.

Else i have seen great volume in the stock in the last minutes of trading in the 100.000´s which is probably some insiders on row.

But on monday i will gues a volume of about 350-450.000 a price range between 8-14 and a closing price at about same level as on friday ,10.

But on news it will advance greatly.

No news = great risk

Best Regards
Morten (Denmark, Europe)

[rheddle]

Hey Morten - at some point soon, we are sure to get an update here to take us out of the dark ages.

I don´t believe that a company with clear fundamentals would want to trade on the greys for too long when they have recently come public and seemingly have so many prospects.

I spoke to the CEO about three weeks ago and he told me to wait for updates to the market, which I am waiting for.

Do you have any useful snippets of information you would be willing to share here on the board

[rheddle]

Good stuff Morten and nice to have a bit of company on the board - been a little quiet here of late, but I think we may be seeing something interesting beginning to unfold.

[mr70854]

Hey

As probably known Hmtp is also traded on the Frankfurth Exchange.

http://www.wallstreet-online.de/community/thread/1122887-1.html

Here the price at this moment is 0,087 euro

Euro-dollar stands at about: 1,35

1,35*0,087 = 0,12 dollar at great volume

GEtting interesting to follow today

Best regards Morten

[rheddle]

Ok Morten - thanks - eom

[mr70854]

Hey Rheddle

Sorry i havent read your post until now.
Im building my price assumption on empiric data and benchmarking with other companies.

But still, trading Pinksheets stocks,like HMTP, is still include great risk!!!

Best Regards Morten

[rheddle]

Hey Morten - interesting thoughts on pricing, but what are you basing it on?

Did you see my note to you yesterday.

[mr70854]

Hey

I hope some of you got some shares at 0,11 or less yesterday, today it is continuing rocking, and i will do so for the rest of the week. I think it can go as high as ,35 .

So hang on to it!!

Best Regards

Morten (Denmark)

[rheddle]

Big volume spike on Wednesday, despite almost two months of hardly any volume. Why now, I ask myself?

That could be an indication something interesting is coming down the pipe as it was so out of the blue.

[rheddle]

Just out of interest what prompted your hunch ? e

[rheddle]

Nice to see the climb today mr70854. I have high hopes for this stock, despite it being very much overlooked by Ihubber's following the surprise RM earlier this year.

Not many people bought in, because they thought the stock went up something like 900% before the news hit. That wasn't the case at all and was just related to the previous huge spread between b / a

Decent HOD at .15 today

[mr70854]

This stock sky rocket on monday, check out their homepage

Price range could be between: 0,18-0,32

Best Regards

Morten

[rheddle]

HMTP Humet-PBC North America Inc. Corporate Update
Apr 2, 2007 12:49:00 PM
2007 PrimeNewswire, Inc.

VANCOUVER, B.C., April 2, 2007 (PRIME NEWSWIRE) -- Humet-PBC North America Inc. (Other OTC:HMTP) announced on February 5, 2007 that it has effected a merger with Presidents Financial Corp. and the company now operates under the new name Humet-PBC North America, Inc.

Wayne Hachie, the newly appointed President of Humet-PBC North America said, "We are extremely pleased to announce our partnership with Humet Corporation of Hungary. The new corporate structure will allow PBC North America to expand its business into Europe. The restructure should help position the Company to participate more effectively in the growing alternative health products." Humet Corporation of Hungary is a publicly trading company on the Budapest Stock Exchange.

Mr. Hachie added, "I welcome Mr. Janos Civin and Mr. Gabor Csereklei to our Board of Directors. Both Mr. Civin and Mr. Csereklei will be in a position to lend their expertise when Humet-PBC North America, Inc. emerges as the provider of choice of alternative health products."

About Humet-PBC North America: PharmaNutrients Botanical Corporation (PBC) is a major nutraceutical raw material supplier to the Canadian natural health industry and foreign markets. We offer a wide range of the finest quality assured bulk ingredients with the most comprehensive selection of scientifically researched molecules and cutting-edge technologies; targeting the fields of performance, longevity, immunity, oral chelation and therapeutic applications. Further information about the products of PBC is available at www.pharmanutrients.ca

Safe-Harbor Statement: Under the Private Securities Litigation Reform Act of 1995. This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

CONTACT: Humet-PBC North America, Inc.
Wayne Hachie, President
604-990-1499

[rheddle]

The original PZFC RM news in Feb below prior to the merger:

RENO, Nev., Feb 13, 2007 (PrimeNewswire via COMTEX) -- Presidents Financial Corp, a Nevada corporation (Other OTC:PZFC), has entered into an agreement to acquire all issued and outstanding stock of PBC, Inc., a Wyoming corporation, in exchange for 23,350,000 new shares of Presidents Financial Corp common stock.

PBC, Inc. and its operating company PharmaNutrients Botanical Corporation compete in the Natural Health and Nutraceutical Industry and offer a wide range of quality assured bulk ingredients, scientifically researched molecules and cutting-edge technologies that target the fields of performance, longevity, immunity, oral chelation and therapeutic applications. For information on PBC's operating company, PharmaNutrients Botanical Corporation, please go to www.pharmanutrients.ca

The agreement was closed on February 5, 2007. Additional key provisions of the parties' agreement include the following:

* PBC, Inc.'s current CEO, Mr. Wayne Hachie will be appointed to the Presidents Financial Corp board and subsequently as CEO of the Company;

* Mr. Darrell Cho will be the Secretary and Director of the Company; and

* Subject to complete closing of the Agreements, Presidents Financial Corp will change its name to "PBC, Inc." in order to better reflect its new business plan.

Safe Harbor Statement

This release includes forward-looking Statements. Statements contained in this Release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from that projected or suggested may be identified from time to time. The Company does not undertake any obligations to update forward-looking statements made by it. This new release shall not constitute an offer to sell or the solicitation of an offer to buy securities of the Company.

This news release was distributed by PrimeNewswire, www.primenewswire.com

SOURCE: Presidents Financial Corporation

[rheddle]

Hey fliper - did you see this is back at .05 again. I did not follow the trading today, but nice to be back at .05.

[rheddle]

I called Wayne Hachie today about the reason for the suspension of trading in his stock. He was on another line and asked me to call back on Monday - he did say that he did not understand why trading was suspended, but I will check in with him on Monday.

[rheddle]

First day back and we are at 5 cents again - my buy point a few weeks ago incidentally.

[rheddle]

In principle this looks like it is a good deal as it is clearly now the avenue for Humet to enjoy the benefits of being listed on the stockmarket along with the old Pharma Nutrients.

I posted the relationship between PharmaNutrients and Humet in the Ibox a few weeks back, so that in itself is nothing new.

What is interesting for investors (once the SEC take the lid off) is the matter of financials and revenues.

I only chucked a couple of hundred at this back in February as a punt, but it looks like the combined value of Pharmanutrients and Humet (now Humet) could be quite high based on the market reach and penetration of both companies in some major consumer markets.

I am very much looking forward to seeing any financial information forthcoming.

[rheddle]

I don't know at this stage what the reason for the halt on trading was, but am trying to find out.

To all the regular readers of the board (LOL): does anybody have any idea why this was halted, because the SEC info was pretty vague and I have not been able to see any financials on any of the places I have looked yet?

Wayne Hachie told me a few weeks ago that the financials would be out early March, but this current matter may have put a damper on things of course.

[rheddle]

HMTP -- Humet-PBC North America, Inc.
Com (No Par)(New)

SEC Order Of Suspension Of Trading (Press Release)
Vancouver, Canada, Mar 8, 2007 (Pink Sheets News Service) — The Securities and Exchange Commission ("Commission" or "SEC") today announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the "Exchange Act"), of trading in the securities of the following issuer, commencing at 9:30 a.m. EST on March 8, 2007, and terminating at 11:59 p.m. EDT on March 21, 2007:

Presidents Financial Corp. (PZFC)

The Commission ordered this trading suspension because of questions that have arisen regarding the adequacy and accuracy of publicly disseminated information concerning among other things: (1) the company's assets, (2) the company's business operations, (3) the company's current financial condition, and/or (4) financing arrangements involving the issuance of the company's shares.

The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.

Further, brokers-dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker-dealer has any questions as to whether or not it has complied with the rule, it should not enter any quotation but immediately contact the staff in the Division of Market Regulation, Office of Interpretation and Guidance, at [phone]. If any broker-dealer is uncertain as to what is required by Rule 15c2-11, it should refrain from entering quotations relating to the security of the company listed above until such time as it has familiarized itself with the rule and is certain that all of its provisions have been met. If any broker-dealer enters any quotation that is in violation of the rule, the Commission will consider the need for prompt enforcement action.

The SEC's Office of Investor Education and Assistance has information for investors and members of the general public on topics directly related to this action by the SEC. See http://www.sec.gov/investor/35tradingsuspensions.htm.

Any broker-dealer or other person with information relating to this matter is invited to e-mail the Securities and Exchange Commission at [e-mail].

[rheddle]

Presidents Financial Corporation Merges and Renames the Company

RENO, Nev., March 8, 2007 (PRIME NEWSWIRE) (PRIMEZONE) -- Presidents Financial Corp. (Pink Sheets:PZFC) announced on February 5, 2007 that it has effected a merger with Humet-PBC North America, Inc. The company will operate under the new name Humet-PBC North America, Inc.

Wayne Hachie, the newly appointed President of Humet-PBC North America said, "We are extremely pleased to announce our partnership with Humet Corporation of Hungary. The new corporate structure will allow PBC North America to expand its business into Europe. The restructure should help position the Company to participate more effectively in the growing alternative health products."

Mr. Hachie added, "I welcome Mr. Janos Civin and Mr. Gabor Csereklei to our Board of Directors. Both Mr. Civin and Mr. Csereklei will be in a position to lend their expertise when Humet-PBC North America, Inc. emerges as the provider of choice of alternative health products."

About Humet-PBC North America: PharmaNutrients Botanical Corporation (PBC) is a major nutraceutical raw material supplier to the Canadian natural health industry and foreign markets. We offer a wide range of the finest quality assured bulk ingredients with the most comprehensive selection of scientifically researched molecules and cutting-edge technologies targeting the fields of performance, longevity, immunity, oral chelation and therapeutic applications.

Safe-Harbor Statement: Under the Private Securities Litigation Reform Act of 1995. This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

[rheddle]

I am able to breathe a sigh of relief today, because I posted on the METP board on 14th of February that I had spoken to the CEO and he told me that the financials of the METP shell would be in that week. Our fellow Ihub poster, brikk, e-mailed him to verify that this was accurate and discovered a slight delay.

Well, we have both been vindicated as the METP financials were posted on 1st of March.

What I am trying to say is I mean it when I say those financials are coming and I hope they are as juicy as I think they may be!

Good luck to us and I hope to be able to get more if I can hover over that bid at the right height next week !

[rheddle]

I tried that for a couple of days and they wouldn't take it. I think you are right to give it a go, because they have to bite at some point! I used my cash for something else in the end, but intend on giving it a go again as well !

[fliper]

yep, lol I'm trying 50K @ .01 now AON see what happens, probably won't get it but just want to see. g/l

[rheddle]

You are welcome fliper ! Looking forward to being in on this one with that 100 k float LOL

[fliper]

kewl, thx, will be here. :) g/l

[rheddle]

I chatted to the CEO and he told me that the financials would be completed in early March. He would not give me any more information than that.

This spread will tighten once people see that information. The scale of what I have found out about this organisation is such that it's market cap even at .06 is still too low if somebody were to slap that ask!

[fliper]

huge spread still but it looks good in my account. lol

[rheddle]

I would think they will PR again shortly - the agreements were due to be finalised sometime this week.