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I see no signs of a reverse split...sweet!!
Looks like Hunt already has an investor relations page on their web site so things do look promising.
It also looks like this isn't the first time Hunt tried to do a R/M but, they have definitely progressed further than they did in the past transaction.
i smell something...whats going on over here Salty?
shhhhhh... that's the ace in the hole!
Looks like everythings set to go here at TMCI...great job here Vance! When the revenues start coming in here thats good for everyone...now to see how that will affect MMBF :)
I really think we'll be heading to Nasdaq myself.. but hey it's still early!
So this is what tickled pink feels like
TMCI has hundreds of millions AUDITED assets. Preferred shares converted at 3 and 7 bucks. Looks like north from here.
Note 5: Subsequent Events
Hunt Global Resources, Inc. Acquisition
The Company entered into an agreement to acquire the assets of Hunt Global
Resources, Inc. ("Hunt"), a Houston based company focused on the use of new
technologies to maximize the value of its natural resources projects. The
transaction is structured in the form of a reverse merger where the shareholders
of Hunt will receive in excess of 90% of the issued and outstanding stock of
Company when the transaction is complete. As a result of the transaction, Hunt
will acquire all of the outstanding assets and liabilities of the Company.
The transaction contemplates the issuance of shares as follows:
A) 29,000,000 shares of Common Stock of the Company to Hunt;
B) 125,000 Class A Preferred Convertible Shares (having a
conversion ratio of one preferred to 208 common shares of the Company
and subject to the common stock of the Company having traded at an
average bid price of $3.00 for ten consecutive trading days); and
C) 125,000 Class B Convertible Preferred Shares (having a
conversion ratio of one preferred for 248 common shares of the Company
and subject to the common stock of the Company having traded at an
average bid price of $7.00 for ten consecutive trading days).
The completion of the acquisition is contingent upon the receipt of audited
financial statements of Hunt. Such audited financial statements have not been
completed at the time of this filing.
http://www.sec.gov/Archives/edgar/data/1377318/000107258810000239/tmci10q63010.txt
I agree but what about the possibility of a reverse split. Who was in charge of the deal?
Best I can tell with the 8k given is within the next few days.. that 8k was filed with the SEC yesterday morning.. so really any time! And I figure That is going to be Quite a bit of news!
When is Hunt Going to release their financials?
Was this a reverse merger?
How about one of you 7 other followers post a TMCI chart?
I have been looking around, but admittedly and quite clueless when it comes to charts!
Thanks
I added at number 5 myself! Little bit here and there and I'm definately ready for lift off
A big winner indeed!
Vance, I'm number 7.
Could have a big winner here.
Well congrats Vance, you've been waiting a long time to get a piece of Hunt and it looks like it's finally paid off. Why do you think it's not reacting so well to the news of the acquisition being complete?
Well IMO it's not news yet.. it's a filing. Really only those who already knew it are seeing this. And the fact it opened with a Buy this morning and the bid has pushed to 1.45 with no sellers is a great reaction at this point. Means those who own are holding, and waiting for what we expect will be a nice set of financials coming in the near future. This information, along with a mainstream news release should push the PPS higher!
Good Post, I agree!
Thanks!
Cushman & Wakefield was commissioned to provide a “going concern value” of its twenty-year sand lease, which Cushman subsequently determined as two hundred ten million dollars ($210,000,000). A subsequent Great Plains MAI Appraisal stated the Estimated Market Value at $835 million dollars and the Gross Market Value of the deposits as $2.878 billion
http://huntglobalresources.com/
it's quite lackluster.. as in hard core investors will react, but the general public is still clueless...
This is going to be a fun ride up I think.. HOPE!
I don't know what exhibit 99.1 is, as no press release on any wires I can find at this time.. but maybe one will be out this morning!
Can't wait for the filing/s to come...
For accounting purposes, Hunt is deemed the resulting corporation, and its financials are now those of the company
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 1, 2010
TOMBSTONE TECHNOLOGIES, INC.
----------------------
(Exact name of registrant as specified in its charter)
Colorado
-----
(State or other jurisdiction of incorporation)
333-138184 51-0431963
--------------------------- -------------
(Commission File Number) (I.R.S. Employer
Identification No.)
5380 Highlands Drive, Longmont, CO 80503
---------------------------------
(Address of principal executive offices)(Zip Code)
Registrant's telephone number, including area code: 303-684-6644
N/A
----------------
(Former name, former address and former fiscal year,
if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions.
[_] Written communications pursuant to Rule 425 under the Securities Act (17
CFR240.14d-2(b))
[_] Soliciting material pursuant to Rule 14a-12 under Exchange Act (17
CFR240.14a-12)
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR240.14d-2(b))
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR240.13e-4(c))
<PAGE>
SECTION 2 - FINANCIAL INFORMATION
SECTION 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
Hunt Global Resources, Inc., a Texas Corporation, announced today that it
completed a business combination transaction with Tombstone Technologies, Inc.
(OTCBB: TMCI), wherein Hunt shareholders acquired approximately 94% of the stock
of Tombstone. For accounting purposes, Hunt is deemed the resulting corporation,
and its financials are now those of the company. Details of the transaction will
be released with the 8K/a within days.
SECTION 7 - REGULATION FD
ITEM 7.01 REGULATION FD DISCLOSURE
The information in this Item 7.01 of this Current Report is furnished
pursuant to Item 7.01 and shall not be deemed "filed" for any purpose, including
for the purposes of Section 18 of the Exchange Act, or otherwise subject to the
liabilities of that Section. The information in this Current Report on Form 8-K
shall not be deemed incorporated by reference into any filing under the
Securities Act or the Exchange Act regardless of any general incorporation
language in such filing.
On November 1, 2010, the Company issued a press release. The text of the
press release is attached herewith as Exhibit 99.1.
SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits. The following is a complete list of exhibits filed as
part of this Report. Exhibit numbers correspond to the numbers in the
exhibit table of Item 601 of Regulation S-K.
Exhibit No. Description
----------- -----------
99.1 Press Release, dated November 1, 2010
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
TOMBSTONE TECHNOLOGIES, INC.
----------------------------
(Registrant)
Dated: November 1, 2010
/s/ George Sharp
--------------------------------------------
George Sharp, CEO
It's Done! WooHoo
http://biz.yahoo.com/e/101102/tmci.ob8-k.html
From the Hunt website regarding their biofuels production:
Advantages over producing traditional biodiesel use for on-road transportation: 50-70% more profitable – plus NO $1 government tax credit/gallon required for profitability
http://huntglobalresources.com/biosolutions.html
The deal must be done and announced later. Every time before they filed an extention the morning of.......Good Luck
Ok maybe it's not time.. but Definately a nice look! Getting Real Close now!
I do think it's time! Check out the Website! http://huntglobalresources.com/
MM's trying their best, but buyer/s not having it.. yet still getting cheapies IMO!
Watching closely for SEC filing
1.30 x 2.50 Now that's a spread! Not a lot of shares to be had. Got some in my boat :)
I guess false alarm.. jumping the gun! someone just wanted some shares.. we are 1500 on the buy side and up a nickel at this point!
9 months.. come on Baby!
maybe its time-
wow, something is Up! 1.59 now
Sweet!
500 at the 1.25.. 2000 at 1.40.. ask now at 1.60!
Would love to see this break out soon!
8k extension expires this weekend.. either going to see another soon or .... I'm ready for or!
There have been some updates as of today to the Hunt website
http://huntglobalresources.com/
Looks like they have removed links discussing their Oil and Natural Gas investments, for now...
Nice to see some ... Movement
Thanks just saved the message. I will see what I can dig up.
Well we sure welcome your presence & input. Contact info for Hunt can be obtained thru their website at http://www.huntglobalresources.com/
And contact info for Tombstone from theirs:
http://www.tombstonetechnologies.com/
Or direct contact with Hunt CEO or TMCI President here:
http://www.tombstonetechnologies.com/InvestorRelations/Tombstone_HuntGlobal_Merger.pdf
Vance thanks for the feedback. I am new to TMCI and your feedback is peaking my interest here. I will plan on digging some more and seeking some feedback from the Company. Anything of interest I will be sure to share.
Low, but steady accumulation since the drop in price.. Hope that's not just you & I!
I don't think HUNT would dish out $37,535 cash and expect it back from a company with the books of Tombstone unless they were serious about completing the acquisition. Nor do I suspect we would continue to see 8k filings extending the agreement each time it comes up for renewal.
And I don't believe Hunt would have been at a conference in San Antonio, or Colorado, or had planned on a couple in New York, or be setup for ldmicro.com
Yeah I would have to say I'm banking on Hunt delivering the necessary audited financials to complete this deal. I don't know when, but I'm tickled pink to know about it and own shares!
What do you guys make of this acquisition, will they delivery audited financials?
Proposed Acquisition
During the six months ended June 30, 2010, the Company entered into an agreement
to acquire the assets of Hunt Global Resources, Inc. ("Hunt"), a Houston based
company focused on the use of new technologies to maximize the value of its
natural resources projects. The completion of acquisition is contingent upon the
deliverance of audited financial statements of Hunt. At this time, the Company
has not closed on the acquisition. See Note 5 Subsequent Events.
During the six months ended June 30, 2010, Hunt advanced the Company funds
totaling $37,535 to support operations. These funds are due on demand.
freaky drop on that 5k + volume not long ago.. but steady accumulation since then.. might not be much more time to get in at these prices IMO
lol, got a kick out of that one as well! thx
heres my latest one-lol
Love the sig! LoL
yes the extension being 30 days is positive -imo
No problem.. Don't forget to throw this in
http://www.huntglobalresources.com/?q=node/10
Great info............Thanks for sharing.
A gazillion bucks maybe? I really do not know how to factor all the numbers myself, given a lot of companies' "market value" seems to be way over what it should be IMO.
The old slideshow here might help you with that:
http://www.huntglobalresources.com/index.html
I say old as it was July 09 when MMBF was looking like it would be the merge vehicle.. a lot has changed since then, but it's all good!
anyway, that presentation contains some mighty fine looking numbers that IMO are still viable, or they're higher!
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Following several months of study, evaluation of the capital and resources necessary for each of the three areas of past investment and the opportunities to use each of the assets to provide meaningful initial capital to pursue the others, the Company decided to focus solely on the development of a frac sand operating company. As a result of this important decision, the Company has:
Simply stated we believe we have one of the most important Northern White Sand deposits in the industry. It is very large…..it is in one location…. it also has an exception concentration of what is classified as "coarse" material. All white sand is not created equal.
The vast majority of premium 'white frac sand' is produced in Northern Illinois, Minnesota and Wisconsin. White sands produced today are from the Ordovician and Cambrian periods. The St. Peter formation - sands from Ottawa and all of Illinois as well as parts of Wisconsin and all of OK, AR, MO - is Ordovician. Most Minnesota sand and sand from parts of Wisconsin are Cambrian, which is the older period, and consequently preferable. These Cambrian sands are called Jordan Sands. Older, better, higher priced, more valuable technical properties.
One of the inherent weaknesses of the northern deposits is the tendency for many of the materials to have a diminishing percentage of coarse-grained material. Some deposits, for example, contain none to perhaps only 20 percent of less of recoverable plus 40 mesh. As a result, high-cut 20/40 products with 60+ % of the material retained between the 20 and 30 mesh sieves command a premium price. The Minnesota deposit has a much higher than average percentage of "plus 40" mesh.
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