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What has anyone heard and from who? This company does and says nothing while their PPS tanks on such minimal movement.
A $10 investment dropped this 23%...As Chris Berman of sportscenter says "Come On Man"
CTON - Annoying investors for months
$CTON - I called them and both were on a conference call so at least they are doing business. Since I'm presently out of the country I will e-mail them to see when the next news release will come. I've got a good feeling about $CTON after I've talked to my broker NOT EF Hutton - lol - E*Trade!
Is there any type of news or update from CTON since they took the CTON ticker back from the CTOND ticker?
These 0.13 sells are just non-sensical. Never seen a stock so quiet and trade like this.
I understand the statement of their need for mature investors but come on, something from them is only fair to whatever investors are left.
$CTON will show itself soon. :)
Please post what you heard and link it.
sorry but thats not what I heard. This baby will sink more :(
$CTON are after mature investors. Selling at ,51 now!!!
Something big is under way! Why, after talking to my broker about the split and contacting $CTON.
Good to be in before it happens! :)
$CTON is after mature investors. Selling at ,13 is as you put it:
just too impatient
CTON is selling at 0.13.... Whoever is selling at those levels is just not thinking clearly IMO. After waiting so long why sell now at these crazy low levels? Especially after the split? Does someone know something or just too impatient?
Oh yea, according to my broker (E*Trade) $CTON recent r/s was a good sign of attracting higher quality of investors. It's always calm before the STORM!!! :)
Would you look at that, CTON with some volume today. I feel like I am at the grand Canyon talking to myself just to hear my own echo.
From all the non-news from CTON I have a feeling it is a good silence. Dont know why but I think those of us that waited through this downtime could be nicely rewarded for our patience.
Any feedback or info anyone? Anyone? Bueller? LOL
GLTYA
I was surprised that they didn't announce that PR when it came out. I too spoke to someone from the company that told me the reverse split was so they could hold the shares close. He also mentioned something about having preferred shares available this year as well. He seemed guarded from providing much info for me as well. Any input anyone could provide would be welcomed by me because this zero volume BS sucks.
$CTON - Tom Lunak called me back and said he can not disclosed future plans (SEC rules) but directed me to their website http://secondstreetcap.com/index.html and a recent 30 odd pages on $CTON past and present on OTC Markets: http://www.otcmarkets.com/stock/CTON/quote
$CTON according to my broker said their recent moves means an increase in their desire to attract large investors.
Good feeling about $CTON!!! :)
Investor Press Releases
Second Street Capital, Inc., to Participate in Financing New World Mining Corporation’s Iron Ore Production and Sales to China
1/25/2012
Second Street Capital, Inc., a publicly traded company, (CTON:PK) has agreed to participate in financing New World Mining Corporation, a Fort Lauderdale company, that has begun producing and exporting iron ore from its Cerro Blanco mine located in the State of Michoacan, Mexico. New World Mining Corporation originally began purchasing iron ore in Mexico from local mines and exporting it to China last year. Just recently New World Mining became concessionaire of the Cerro Blanco mine. George Henderson, Executive Vice President and Chief Investment Officer of Second Street Capital, Inc., having just returned from his trip to Mexico stated, "New World Mining has now completed the infrastructure work necessary to begin its own mining operations and is currently producing around 5,000 tons of high grade iron ore per week. Plans are to ramp up production and begin shipping up to 150,000 tons per month, to its select group of Chinese buyers. We find value in providing financing to well managed small and medium size companies such as New World Mining, that are structured to take advantage of investment opportunities available to them, but are not able to obtain regular bank loans."
View Full Article
SECOND STREET CAPITAL'S INVESTMENT STRATEGY
We are all entrepreneurs, hands on, seasoned lenders with years of experience, a wide network and a dash of venture capital. You can get involved as a shareholder, strategic partner, an expert, an ambassador or a client.
For opportunities to participate with Second Street Capital, Inc. in investment and financing transactions, including but not limited to bank lending facilities, loan participations, securitizations and senior debt, please contact Tom Lunak at 954-848-6250 or Email Us.
$CTON news soon!!!
I've have called and left a message (live person) and have used their form for them to contact me and leave any news whatever about news release. I'll post the response when I've received it.
I talked to my broker and he said what $CTON did was good news in that they want more mature investors! :)
$CTOND is changed to $CTON. News soon to come out. These prices are dirt cheap!!!
Is the name change back to CTON without the D official now?
Any updates on happenings with CTOND?
I never told you to buy $CTOND. I have never not told anyone to buy any stock. So your not invested in $CTOND, I'm glad we need constructive factual DD here. You can stop posting to me! :)
Second Street Capital: New business funding source
1/27/2012
One of the reasons recovery from the great recession has been wobbly is a lack of bank lending and corporate investment that is stifling business creation and expansion.
According to Capital IQ, which provides data and analytics for financial professionals, big U.S. banks are sitting on huge cash hordes. As an example, the company reports Bank of America, JP Morgan Chase and Morgan Stanley have a combined total of nearly a trillion dollars in cash and cash equivalents gathering dust in their vaults while business stagnates for want of investment capital.
Now, a new company, Second Street Capital, is riding to the rescue of small and medium-size companies, with plans to fund a range of businesses in Indian River County and throughout Florida.
"We want to promote old-fashioned, value-oriented investment policies by backing well-managed local companies - places where we can eat, shop and watch our investments grow while contributing to the local economy," says Executive Vice President Jack Rodgers.
The company, which Rodgers says was a year in the making, announced in November it had raised initial capital through private placement of common stock. It plans to make its first investments, including investments in local firms, in the next two months.
"We have our eye on a couple of deals we like a lot," Rodgers says.
The company will invest in restaurants, real estate development, manufacturing and other segments,
putting between $500,000 and $10 million into existing companies with strong management and growth potential.
"Big hedge funds and venture capitalists are all chasing elephants - the $150 million deals," says Rodgers. "The more people that chase the elephant, the skinnier it gets.
"We are looking at deals that banks won't touch and that are too small for big hedge funds to pay attention to. We think there is a lot of opporttmlty in that part of the market."
As an example of a typical deal, Rodgers says the company might help a restauranteur buy the buiding he is leasing or expand into an adjacent building.
"We would provide a loan at say nine percent interest that the business would pay back on a set schedule and for a period of time take a portion of the increase in profits resulting from expansion," Rodgers said.
Another example would be a real estate deal in which an experienced developer would present a plan to buy and revitalize a bankrupt housing track. "We might fund the deal with a loan that would be paid back with interest and at the same time participate in the profits, taking our share as lots were sold to builders or homes were built, exiting the deal when the development was complete."
In an alternative scenario, Second Street Capital might put $1 million into a small development deal, shifting it into a category that could attract bank cash for the rest of the financing.
"Trying to describe us is a little bit unique," Rodgers says.
"We are not venture capitalists. We are not looking for the person who comes in and says they are going to create the next Google, someone who needs funding to get space and put a bunch of engineers in there and develop a revolutionary product. We are more like merchant bankers.
"We are looking at established companies that have proven they can run their business and that
have an opportunity to expand or do something that is exciting, but that do not have access to capital because of the virtual shutdown of commercial banking."
Besides putting up money - mostly raised from high-net-worth individuals looking for a place to put their cash to work - Rodgers says Second Street Capital will help structure deals and provide other types of expertise born of the long business careers of the investment company's founders.
Summerp1ace resident Rodgers and Kyle E. Meyer, the new company's chairman and CEO, have worked together in high finance and real estate development for decades.
Another company they created, Ironshore Capital, bought and relaunched the River Club Community in 2011, where a new display home will be complete in the next week or two and 70-some luxury home lots have been put back on the market.
Other area business people serving as Second Street corporate officers and executives include Anthony Caldarone, formerly president of Vero Beach homebuilding firm Calton, Inc., his daughter Maria Caldarone, who was Calton's executive vice president, and Laura Camisa, formerly CFO at Calton.
"Calton wound down its business operations after the real estate crash and was basically a company with a corporate structure and a clean balance sheet but no assets," Rodgers says.
"We renamed it and used its structure because we think it gives investors a greater sense of security than if we started a new private equity firm.
"As a publicly traded company, we have an advantage in raising additional capital going forward and are subject to all the guidelines, transparency and scrutiny required by the SEC.
"With this structure investors wil1 have greater liquidity, too. Instead of having to wait five years to cash out of a deal, they can sell their stock whenever they want."
Besides providing an established, publicly traded corporate structure, Anthony Caldarone purchased shares of common stock and invested in the new firm, according to a company press release.
Rodgers says he will continue as Ironshore Capital's managing partner at River Club but otherwise focus his efforts on developing deals for Second Street.
Calton is headquartered in Fort Lauderdale but will be opening an office in Vero Beach and hiring what Rodgers calls "smart MBA-types" to help analyze deals in this area.
The company plans to put several hundred million dollars into promising business enterprises in
the next few years, playing in a part of the financial services sandbox where there is surprisingly little competition.
"Every time I open my mouth about what we are doing, I have 50 people coming to me to ask for funding," Rodgers says. "Local banks are even coming to us and asking if we can fund depositors they have had long-term relationships with who need money for business expansion."
glad i didnt listen to you and buy this turd. Another XP failure
Typical xtremepicks pick horrible chart, no volume and no interest. How many failed campaigns is this in a row?
Need to wait for the spread to close, waiting for news. You won't be disappointed. :)
Yeah looking to close the "spread" LMFAO.
There is a bid, 0.21 and the ask got lowered for anyone that wants in, now you can buy for 0.20 cheaper than the last print
Or is ya get it on the bid, 0.70 less.
THE 12 AND ONE HALF CENT TRADE WAS IMPRESSIVE.
Stock is doomed. No bid support, no volume, no interest. Turn the lights and lock the door behind you.
$CTOND spread is huge. MMs backyard be careful, watch your stop/loss if you have one. Not all brokers got their shares yet, I just got mine from E*Trade today. $CTOND is looking for $s here soon. :)
Following PROT pattern.
No revenues here, but yet some posters that do not like other stocks with no revenues seem to like CTOND with no revenues, hmmmmmmm, I wonder "why is that"
Yes, now it should be an even tighter float, THE R/S KNOCKED THE MAJORITY of the share holders out of the stock.
I guess that is one way to do things.
Initial Company Information and Disclosure Statement
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=69463
Going through it right now....wow lot of reading on this one! Interesting filings I should probably sticky.
I was looking for the DD , but was not 100% certain.
I'll have to dig through the filings....something happened for sure.
it happens, but why is there the "D" on the stock?
TIA!
Yes this is the one but I guess it didn't go too well. Oh well they can't ALL be winners.
A late filing here?
Is this the ticker that Extreme came out with just a couple weeks ago?
Why the "D"?
Yes, The key here is that there are no sellers. Once news gets out, this can move wild....only 50K in the Float now, plus only 1M shares outstanding!
$CTON now trading $1.01 is following PROT trading pattern which is now trading at $6.38!!!
Xtremepicks pump is even mentioned in the sticky posts. Do all proper DD before buying any stock. CTOND looks like a questionable buy at best and is NOT LIQUID.
CTOND another pump by xtremepicks just research their track record. LMFAO of course no volume here.
$CTON last pps was 0,075 and $CTOND now showing ,11 x 1,01
Soon it will trade and then we are talking $$$ land!!!
ZERO volume guess Jake has moved on.
anyone have what it traded at today???? or did it trade at all??? last known bid & ask was???? thanks
$CTON is now $CTOND because of a 1/10th reverse split under way. Not all brokers are up to date.
$CTON(D) will be trading in $$$ LAND soon!!! :)
LOL yes with no volume and an R/S this will certainly see $1.00 LMFAO. Try the trips.
Good news, looks like the company is going to start releasing some PRs....once this pops over $1 going to move quick. Look at PROT, as soon as it jump past $1 quickly moved now at $4.45!
Just got off the phone with E*Trade and he said that their doing a
1 to 10 reverse split. I have to wait for the stocks to be deliver to them before I can trade. He said it mean no change in the over all value I have but the stock will look more attractive to new investors. More of a psychological effect.
This could mean their will release even better news!!!
No more shorts & t-shirts - suits & ties they want! lol
anybody notice the D at the end of the ticker???
CTON now down 6.67% on LOW volume not only is id a BAD buy if you did buy you couldn't sell because there's no liquidity.
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Life Electric Vehicles Holdings, Inc. dba Life EV Group
is a light electric vehicle company, incorporated in Nevada and headquartered in Broward County, Florida USA. Having recently undergone the transition into becoming a publicly traded company, we are in the launching and acquisition phase. Our business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader in the American micro-mobility market. In addition to ready-to-ride electric vehicles, we will be a supplier of individual components including motors, batteries, chargers, controllers, and EV parts to 3rd party manufacturers and for distribution not only in the USA but worldwide.
The first acquisition is to complete an equity stake in Life Electric Vehicles, Inc., aka Life EV, a related company that is the majority shareholder of Life EV Group.
Life EV has established its own brand and is a full-service USA manufacturer of light electric vehicles, with a 32,000 SF manufacturing facility in Florida, USA. Life EV holds multiple trademarks and 2 USPTO-approved Patents with additional Patents planned.
In addition to proprietary brands, Life EV Group continues to be in negotiation to acquire multiple e-bike and e-scooter companies in a roll-up fashion having recently signed 4 Letters of Intent to acquire either a controlling interest or 100% equity in these companies.
These companies, upon being acquired, will have their design, development, and production moved to the USA, and eBikes manufactured by our related company, Life EV, under an FTZ process on US soil. The components will be supplied at the direct fabrication level from the industry’s leading worldwide suppliers, allowing for better quality, pricing, and tariff controls. Inventory control, assembly, quality control, and distribution will be fulfilled under the same roof for all brands. This will result in reducing overhead and simplifying production and distribution for each brand.
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