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I think FCCN shareholders must be thinking "can we have the pre-Aero days back when GGI was the only one diluting?".
Holy COW!
Nice DD Derb!
Anyone for .0040 on FCCN? This is declining at a slightly faster rate than I anticipated, looks like dilution is the focus of peacock right now, I don't think it is going to take as long as some suggest for that reverse split to become a reality here.
Continuing with the Javelin story...
We left off with the voting perferred shares being exchanged for 1-1 conversion shares that were not affected by a reverse split. What was just a voting interest, 5k now became a real interest. The stock was reversed at 200 for 1 leaving an OS of 826,866 share.
The non 8,450,000 nonreversible preferred share would now be equivelent of 90% of the OS. As you can see from the following chart, this was quite a sum.
Quarter Endings Quarterly High Quarterly Low Quarterly Close
3/29/2002 60.00 20.00 60.00
6/28/2002 90.00 1.40 1.40
9/30/2002 20.00 0.30 0.30
12/31/2002 8.00 0.20 0.20
3/31/2003 2.00 0.12 1.60
6/30/2003 0.20 0.12 0.12
09/30/03 28.00 4.00 16.00
12/31/03 .80 0.21 0.21
The lowest price during the quarter ending 12/31 was .21, giving the preferred shares a paper value of $1,774,000. Not bad for a 5k investment.
The annual report shows preferred share holdings as follows.
Steven R. Peacock
CEO and Director
Series C Pref. 2,816,666
Shane H. Traveller
CFO
Series C Pref. 2,816,667
Strangly, while the previous filing stated that Shane Traveller was issued all 8,450,000 shares, both Shane and Steve are showing like amounts, indicating that they had a 50/50 deal going. It also shows that together they hold 5,633,333.
Missing? 2,816,667 shares, indicating that it was a three way split.
Who was the third party?
Derb
ajcmstocks,
When you have a history of companies that did R/Ses without affecting certain shares, anything is indeed possible.
Hope to catch up with you all tomorrow when my son takes his nap...he's home sick with a possible staph infection.
We can talk about stocks all day long...but there's no parent on this board who doesn't know the feelings a parent has when not sure what is wrong with their little one.
IMO/FWIW
That wouldn't surprise me one bit if true...
It is true that your ecm must readjust to the new air fuel ratios , not sure about exhaust but it makes sense, as far as it taking a few tanks of gas to adjust that seems a little long to me, one way to cure that is if you change anything, simply disconnect your battery, wait about an hour, then reconnect it, this will reset your ecm and it will adjust right away to whatever changes you have made.
This is the information I was given when I changed the intake on my vehicle, as far as waiting a full hour I am not sure if that is necessary or not.
One thing for sure though is that no exhaust on the market today that is street legal is producing a 25% increase in fuel mileage, that is just a lie, and like I said earlier I bet you cant get one of the Aero Dealers to even guarantee a 5% increase in fuel mileage with the aero exhaust and I challenge anyone to produce a dealer who will.
CLEAR THE ECM
A tag accompanies the system. It says, “PERFORMANCE INSTALLATION NOTE: To insure proper engine performance: If the vehicle has 500 miles or more, the engine control module (ECM) memory must be cleared before starting the vehicle. To clear engine control module (ECM), please follow procedures outlined in the Subaru Service Manual.”
Driving the car a few hundred miles will have the same (though not immediate) effect, as will disconnecting the battery for at least 10 to 15 minutes. If you use the disconnection method, you’ll have to reset the clock and radio.
That makes sense. See this for example:
http://driveperformancesubaru.net/version1_1/upgrades.asp
A tag accompanies the system. It says, “PERFORMANCE INSTALLATION NOTE: To insure proper engine performance: If the vehicle has 500 miles or more, the engine control module (ECM) memory must be cleared before starting the vehicle. To clear engine control module (ECM), please follow procedures outlined in the Subaru Service Manual.”
Driving the car a few hundred miles will have the same (though not immediate) effect, as will disconnecting the battery for at least 10 to 15 minutes. If you use the disconnection method, you’ll have to reset the clock and radio.
I read this stuff on the FCCN board about how the Electronic Control Module in a vehicle must "adjust" to the new muffler and only after a few tanks of gas will this really occur.
You engine specialists out there, what do you say to this contention?
This Investors Hub Member nailed it!
Posted by: Trueheart
In reply to: walknmannv who wrote msg# 102807
Date:11/6/2007 4:26:37 PM
Post #of 102820
My post was in regard to those claiming 25% and thereabouts mileage increase.
I understand engines and how they operate. Open pipes are illegal (on the street) and are not efficient as the output must be "tuned" to minimize back pressure throughout the operating regime of the engine. That includes RPMs, loads and conditions.
Engineers cannot completely eliminate back pressure, as you assert. The muffler is there to do just what it claims to do and that takes up power but with proper design can actually help the engine "breathe" more efficiently.
Yes, a percent of two is possible but not the claims ranging up to 25%. If I was the pres of GM I'd be tacking those on all my heavy-bodied SUVs and laughing at the CAFE rules.
Trueheart
you are correct sir, back pressure is essential to my knowledge and the claims of cars or trucks experiencing a 25% increase in fuel economy is well, just a flat out lie.
I recommend people call some of the dealers from the Aero website and ask them if they will even guarantee a 5% increase in fuel mileage and I bet you will not find one of the dealers to guarantee that for you.
What I bet you will find is that some of those dealers will point you towards a different product or muffler other than the Aero muffler, how do I know this? I called a few dealers off of Aero's website and as I suspected most were not impressed with the muffler and pointed me towards other mufflers they offered.
As predicted! .0055 close. Can anyone here say dilution?
Thanks smallie! I will add it to the list.
Check also SIVC
James Bickel Chairman and CEO S3 Investments
COO and Member BOD of GRXI
Board Member of CLXN and FCCN
Same T/A , Same IR
I am thinking that FCCN will drop below the .0060 range today, some folks are looking ahead to a PR that states the acquisition is completed with Dr.Gas and I would say, be careful what you wish for because the last acquisition sent the PPS here tanking so what do you all think is going to happen once they announce the Dr.Gas deal is completed?
The PPS will most likely suffer a drastic drop and that is because the players will be paying themselves for completing that acquisition, everyone gets paid in peacockville except the shareholders from what I have seen, todays pps will look like a dream a month from now, the more acquisitions or mergers that they announce and complete has not proven to benefit shareholders one bit, in fact it has been the exact opposite.
Derbenski,
I sure hope you're right.
It would be a shame to see an SEC crackdown destroy some of the message boards out there.
IMO/FWIW
LoanStew
I think perhaps speculation......
Derb
Derbenski,
I've heard a rumor that the IR guy for all of the Javelin plays is a frequent poster on message boards.
Can you confirm you've heard/seen something similar?
I find it amazing, if true...I'm sure the SEC would love to know about such things.
IMO/FWIW
Excellent info from another locale...
Seems that one of the trademarks of Javelin-connected companies is to set up the preferred shaers so that when an R/S hits, they are not affected, essentially giving the holders of those shares the majority position by default.
It's a crafty way to do it, and usually only the most trained readers catch this in progress.
I wonder if that is what will happen with Hunsaker and Peacock's money owed to them as part of FCCN/Aero's current liabilities? How convenient...freeze the preferreds to avoid being R/Sed along with the rest, do a large reverse, THEN afterwards let the stock slide a little and ISSUE THOSE SHARES.
As Derb's siggy says, you end up getting Peacocked and Hunsakered.
IMO/FWIW
Yep, great point. The rose colored glasses are off here.
Dr.Wonderful
" I'll probably be called a turncoat or traitor now, "
I would not be to concerned about what a message board person labels you as because I doubt those people are going to submit a deposit into your bank account making up your losses on that peacock stock, you need to make decisions based on the real information available and ignoring the obvious is not going to make anyone rich here.
Your recent posts have highlighted what is and has been transpiring with some of these peacock stocks and you are correct that some of them could have little runs and you could make back some money, but for anyone to think that these are long term plays and state they are holding for 3 to 5 years is probably not reality, they are probably looking to make back losses just like you are and are hyping as much as possible in an attempt to accomplish that goal.
Keeping it real is the best medicine when playing the pennys, those who do profit in the end.
Great assessment. I'm just going to try and flip FCCN to make back the money I'm down so far. There will be more runs in her, but as a long term investment it's a crock of shyte. I'll probably be called a turncoat or traitor now, but the bottom line is that Peacock and Hunsaker have not provided me with any semblance of shareholder value.
I understand how it can be frustrating when the company does not produce what you thought they would, mergers/Acquisitions completed and the only ones who end up profiting are the people who orchestrated the deal.
I am not impressed with Peacock and his dealings, I guess we must always remember that these guys are not in business to make money for investors, they are in business to take money from the investors and they will use whatever means necessary to accomplish that goal.
FCCN is a perfect example of how tricky these guys can be, pretending to resign as ceo and insert hunsaker making it look like Aero has taken over, when in reality the 8K shows that Peacock is clearly in charge of fccn and controls how much profit he will make going fwd.
I have to hand it to peacock though, this was one of the trickier little mergers/acquistions I have seen, on the surface it looked promising, but make no mistake the 8K was delayed for a reason and they all knew exactly what was in it and it did not take weeks to review as they would have you believe, and the part about the Reverse split well you can pretty much bet on that happening soon or you will see the A/S increased and either one of those will only be a further devastating blow to investors here.
These guys are pretty crafty but for those who took a little time to dig figured these guys out pretty quickly and it has unfolded as we suspected.
It is a shame that these greedy people have no regard for the common investors and apparently have no problem watching some of these peoples life savings go down the toilet, it makes ya wonder how they sleep at night, what comes around goes around though, and they will pay eventually.
Hi everybody, I have to agree with a lot of the thoughts on this board lately. I've learned a very hard lesson in FCCN, I surely will never hold a penny stock long term again.
Which Javelin stock will have a PR before the bell?
Should be an interesting week.
Hey all,
I had to give up the dream of great riches from fccn. There is no way that fccn is not being diluted. Every PR comes with heavy selling.
Hopefully, this has this has shown me once agian why emotions are not needd and should not be used in the penny market. It's a kill or be killed market here in the pennies.
I have gained much respect for the one I once rewdiculed here on this board.
GLTYA
if anyone is interested, PM me about FeedReader. It will change your trading world.
CJV
The Saga Continues....
We left off the story where Steve Peacock and Shane Traveller acquired a 63.2% controlling vote interest in the company through the sale of super voting rights Series B preferred shares for 5K.
But now what? Well, it is now time to reverse the stock! How do you protect your 5K investment? It was also time to turn the company into a "closed end" Business Development Company.
Here are the danger signals....
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
A special meeting of shareholders of Nicholas Investment Company, Inc. was held on November 10, 2003 where the following actions were taken by a majority vote of shareholders:
1. The Company's Articles of Incorporation were amended:
a. To effect a one-for-200 reverse stock split of the Company's common stock (the "Common Stock") by reducing the number of issued and outstanding shares of Common Stock from 165,373,752 to approximately 826,866 (the "Reverse Split"); and
b. To authorize 550 million shares of capital stock of the Company, of which 500 million shares relate to Common Stock and 50 million shares relate to preferred stock, subject to further designation by the Board of Directors of the Company; and
c. To permit action upon the written consent of less than all shareholders of the Company, pursuant to the Nevada Revised Statute.
2. Messer's. Peacock and Traveller were elected members of the Board of Directors.
3. HJ Associates & Consultants, LLP were approved as the Company's independent auditors for the coming year.
4. The Company's sale of common stock at prices below net asset value per share was approved.
http://www.secinfo.com/d16gRg.1d.htm
We now have the situation that once voting control was captured through the issuance of super voting rights, that the above amendments to the articles of incorporation were rammed through.
Now about that 5k investment also from the same filing ....
"On November 14, 2003, the Board of Directors created and approved a new series of preferred stock, Series C Preferred, which consists of 12 million shares. The Series C Preferred Stock does not earn interest, is not entitled to receive dividends and does not have voting privileges. The Series C is convertible into shares of common stock on a 1:1 basis at the election of the holder or, in the event of liquidation of the Company, it converts automatically. The Series C Preferred, while not voting stock, is entitled to name two directors to the Board of Directors. On November 10, 2003, the Company issued 8,450,000 shares of Series C Convertible Preferred Stock to Mr. Traveller in exchange for all of the outstanding shares of Series B Preferred Stock. The Series B preferred stock was subsequently cancelled by vote of the Board of Directors."
Now some of you wise crackers might look at this and say how is it possible to issue Series C shares on November 10th, when the shares were not created and approved until November 14? Have you ever thought about something and thought you did it even though you didn't? Maybe this was one of those situations or maybe there was a holiday in there somewhere......
Anyway, this type of Preferred share was to become a signature of Javelin. These shares were not affected by a reverse split. The holders of these shares were protected from dilution.....
Derb
curtbs
You said....
"Derb when and if you have a honest,undervalued,non-diluting and oversold penny, I trust you'll let me know?"
Any penny pre 1982 is going to have good value in metal content, is non diluting and heck, even has a picture of "honest Abe" to boot..... When I find one, I'll give you a holler.
The Composition of the Cent
Following is a brief chronology of the metal composition of the cent coin (penny):
The composition was pure copper from 1793 to 1837.
From 1837 to 1857, the cent was made of bronze (95 percent copper, and five percent tin and zinc).
From 1857, the cent was 88 percent copper and 12 percent nickel, giving the coin a whitish appearance.
The cent was again bronze (95 percent copper, and five percent tin and zinc) from 1864 to 1962.
(Note: In 1943, the coin's composition was changed to zinc-coated steel. This change was only for the year 1943 and was due to the critical use of copper for the war effort. However, a limited number of copper pennies were minted that year. You can read more about the rare, collectible 1943 copper penny in "What's So Special about the 1943 Copper Penny.")
In 1962, the cent's tin content, which was quite small, was removed. That made the metal composition of the cent 95 percent copper and 5 percent zinc.
The alloy remained 95 percent copper and 5 percent zinc until 1982, when the composition was changed to 97.5 percent zinc and 2.5 percent copper (copper-plated zinc). Cents of both compositions appeared in that year.
Derb when and if you have a honest,undervalued,non-diluting and oversold penny, I trust you'll let me know?
Great board.
Curt
Equity Digest does the paid promotion for many of these stocks. If the promotion is being done here on iHub, as seems likely, it's not being legally disclosed.
http://www.equitydigest.com/disclaimermain.html
EarnestDD
I would imagine that any acquisition will only result in another horrible 8K released showing horrible fins and a creative control by Peacock and company, and by that I mean Peacock will have given up nothing and probably be paying his company Javelin for "Consulting" just like they did with the Aero deal, looks like everyone is getting paid except the shareholders and I am guessing that trend will continue with each and every acquisition should they happen.
The Aero deal and the Aero 8K was promoted on a very large scale and many investors thought they were going on trips to Hawaii and near retirement because of this acquisition, and the pps has done nothing but tank since they announced that acquisition.
Peacock maintained control via his "Consultant" contract defined in the 8K for at a minimum of 1 year, he controls all PR's released, he controls what shares are issued and he controls who fccn mergers with or acquires, he also controls the transfer agent and the IR company.
So I have to ask you, why did Peacock even bother resigning as CEO of FCCN? and why did they announce Hunsaker as the CEO if he does not even have the most basic control over this company?
I also find it interesting that the state of Nevada does not recognize Mr.Hunsaker as the CEO of this company but instead still shows Mr.Peacock as the President?
Interesting information just sent to me, and I will research the information and add it to the Information Box, I had no idea this many companies and players were involved.
The players;
Steve Peacock
Shane Traveller
Jim Bickel
Chris Bickel
Chris Wang
Ken Wiedrich
Robert McCoy
Andrew Beyer
Trisha Bollman
The Publicly traded companies - past and present (there may be more...feel free to add);
FCCN
SEIH/SIVC
YHGG
GRXI
FSIN
CLXN
HYRF
BDCN
EKNO
VNTN
TSBI
PFCK
TFTC
AVWI
UCOI
HAZH
The companies;
Javelin Advisory Corp
SINO UJE
Redwood Capital
Alexandria Holdings Inc
Nicholas Investment/ Yasheng Group
Global Financial Exchange
Global Travel Exchange
Filmates Worldwide
Roma Music Group
Proscenium Releasing
Cherry Creek Holdings
Entertainment Capital Corp
TS&B Holdings
Sovereign Exploration Associates International
Stix Pix
Charities:
World Health and Education Foundation
Friends of Fiji
The Addresses;
2724 Otter Creek Court #101
Las Vegas
43180 Business Park Drive 202
Temecula, CA
That is a reasonable assessment of FCCN.
They will try to talk up Dr. Gas.
But that could be as big a bust as Aero was in terms of sales and profitability.
And if it isn't ... then they will have issue a "gasillion" shares.
And they will try to play up their attendance of SEMA even though they only had a little shared booth.
It should be interesting.
EarnestDD
I already posed that question and he politely declined but I do agree that would be a wonderful addition, he is contributing here which is a plus for the board and that is what counts.
This should be an interesting week for some of these javelin stocks, I am guessing that Peacock will put out some PR's on GRXI in reference to a new Acquisition.
As far as fccn I expect a further decline in the pps and if PR's are released I expect the pps to decline at an even faster rate as I suspect they are diluting the stock and selling into the news.
Thanks lacy, I thought it would be good for the members here to be able to discuss the activities of all the Javelin stocks in one place, and I am already impressed with the DD being presented by the assistant moderators and others.
Welcome aboard and I still need one more assistant moderator if anyone is interested.
Its interesting to get a look at the Javelin playbook by reviewing their past deals.
" This is ancient history"
Those who do not understand the history are doomed to be victims in the future, and I for one very much appreciate the history displayed on the players involved and I would imagine others like reading the book from cover to cover as well.
lordwinmore,
You are correct. Unfortunately, it has been Javelin's choice to use the same transfer agent for all of their plays, and this particular transfer agent does not give out their information to anyone.
One argument given in favor of this situation, has been that if the company they represent is reporting, everyone sees the sharecount at the same time, no surprises, no "proactive moves" by shareholders prior to the 10Q or 10K coming out.
The problem with that theory (and to be honest, if EVERY SINGLE COMPANY followed that, I'd actually be in agreement) is that so long as a competitor is transparent, in other words, has a transfer agent that will freely give the updated sharecount to anyone who inquires (without asking for personal information), it is often the case that investors who can find the information like this from a competitors will sooner invest there.
Javelin has the power to affect positively all the stocks it covers. All it has to do is change Transfer Agents to one who will give out the info.
There are companies that do dilute in small amounts. There are companies that dilute in huge amounts. Often, it is the companies with multibillion share A/S amounts that are the dangerous ones. If a company is limited to under 500 million shares total, it's often a good sign. Those companies have better chances of forward splits while they're building up, since they appear to need far less in the way of share dilution to get to positive cash flow than the smaller companies, to whom a penny/subpenny shareprice often accompanies the larger share position.
I would LOVE to know the following:
1.Who exactly is in charge of Javelin, beyond just Peacock?
2.What are their roles?
3.Do any of them post on any internet message boards?
4.Do any of them hold significant positions in Javelin Advisors stocks?
One poster used to say "To understand the game, you must understand the players."
In this case that very well applies.
IMO/FWIW
The downside to the investor is nobody see the onslaught of shares coming
Looks like having a inside source would help you buy sell or hold. I caught the run this summer but now durring tax selling i wish i was hedged...
seems like some fancy dancing going on with certain insiders. I would like to audit thier personel accounts to gain insight
TikiGal
Um well, we didn't yet have an invite committee meeting set up yet, are you up for the part?
The lawsuits are for free trading shares through an exemption.
Shane Traveller seems to be the man signing off for Sequoia International and as you may know, Shane Traveller is Steve Peacock's buddy. I suppose that you could call them "friendly" lawsuits.
The discounts seem to be around 5-1 and seem to serve several functions. Shares are put in an escrow account and drawn down as they are sold. Management gets voting rights which sometimes means control of the company. (AVWI)
Sometimes used as back funding, CLXN, GRXI are examples where a percentage of the sales is given back to the company.
It appears in the case of Unico that 1 million was backfunded through Cherry Creek Holdings via stock subscription (Shane Traveller CEO), where the company PR'ed 1 million private placement at market price...LOL Of course nobody in thier right mind buys a penny stock at market price for a million bucks, so a giant red flag on that one.
The downside to the investor is nobody see the onslaught of shares coming.
Derb
Can you "weeeee" here? LOL Nice to see you AJ.
Agreed. Some very knowledgeable posters moderating this board. I also have the board marked, weeeeeeeeeeee!
lol! Hey why didn't I get an invite here? I am very interested in all of their stocks and why the pps on all the POS continue to decline?
What was the outcome on all the lawsuits? Anyone know?
Great board Goldenstar, I marked it. Some great Assistant mods too...
Lacy
Here is a riddle.....
Peak Solutions Peak is a private partnership, formed on January 6, 2003
Javelin Holdings, Inc. was incorporated on December 31, 2002 for use as a shell corporation. In June 2003, Javelin acquired a 100% interest in Peak Solutions in exchange for 100% of Javelin's then-outstanding common stock. This transaction was accounted for as a reverse merger since the management of Peak Solutions became the new management of Javelin.
If Peak solutions reverse merged into Javelin Holdings In June of 2003 and Javelin was the surviving entity, how did MRG California sell the preferred super voting class shares to Peak Solutions on September 17, 2003?
On November 18, 2003, Shane Traveller owned 100% of Javelin Holdings, yet just two months prior Steve and Shane were described as partners in the preferred share transaction with Peak Solutions, and as you remember, 100% of the shares in Peak Solutions was exchanged for 100% of the shares of Javelin Holdings.
Exactly when did Steve Peacock divest himself of Javelin/Peak? Or did it ever happen?
Derb
So?????
This is ancient history, who will be interested in this crap?
Thanks for offering to contribute here loanstew, welcome aboard.
How to fund your company Javelin style.
Gain control of a company
1. Create an amendment to the articles of the corportation authorizing a class of preferred stock.
2. Designate super voting rights to those preferred shares at 100 votes per share.
3. Sell 2,000,000 shares of preferred stock to your buddies for 5k.
4. Your buddies sell the shares back to your private company (Peak Solutions owned by Steve Peacock and Shane Traveller who are both directors and officers of the public company).
5. Get the public company to buy your private company for 200,000 shares, 250k and a line of working capital of 500k, all through sales of stock from the company that you are an officer and director of.
Item 1. Change in Control of Registrant
On June 3, 2003, Nicholas Investment Company, Inc. (the "Registrant") filed an Amendment with the Nevada Secretary of State, designating 2,000,000 shares of Preferred Series B stock. On June 4, 2003, 2,000,000 shares of Preferred Series B stock was issued to MRG California, LLC. ("MRG"), pursuant to a Resolution of the Board of Directors dated June 3, 2003. MRG paid $5,000 in consideration of such stock issuance, paid from cash on hand. The owner of each one (1) share of Preferred Series B stock is entitled to one hundred (100) votes for any matter presented to the shareholders of the corporation at any regular or special meeting of the shareholders, or for any matter that may require approval of the shareholders of the corporation. With the issuance of the stock to MRG, it represented 63.2% of the voting stock of the Registrant.
On September 17, 2003, MRG sold all of its interest in the Preferred Series B stock to Peak Solutions ("Peak") a private partnership. As a result of this sale and transfer of Series B Preferred Stock, Peak now represents 63.2% of the voting stock of the Registrant.
Peak is a private partnership, formed on January 6, 2003, with a principal place of business at 4443 Birdie Dr., Corona, Ca 92883. The partners in Peak are Steven Peacock and Shane Traveller, both of whom serve as directors and officers of Registrant.
http://www.secinfo.com/d16gRg.2c.htm
Item 2. Acquisition or Disposition of Assets
On November 18, 2003, the Company acquired 100% of the issued and outstanding capital stock of Javelin Holdings, Inc., a California corporation in exchange for 200,000 shares of Nicholas Investment Company, Inc. common stock, a note payable to Javelin Holdings for $250,000, and a commitment to provide a working capital line of credit for the benefit of Javelin Holdings in the amount of $500,000. The funds associated with this acquisition are expected to be obtained through the sale and issuance of common stock of Nicholas Investment Company. Prior to this acquisition, Javelin Holdings, Inc. was 100% owned by the Chief Financial Officer of Nicholas Investment Company. The acquisition was approved by a unanimous vote of the Company's independent directors. Other than the receipt of the 200,000 shares of common stock, Mr. Traveller did not receive any other benefit from the transaction. Mr. Traveller is expected to remain the President of Javelin Holdings.
Javelin Holdings, Inc. was incorporated on December 31, 2002 for use as a shell corporation. In June 2003, Javelin acquired a 100% interest in Peak Solutions in exchange for 100% of Javelin's then-outstanding common stock. This transaction was accounted for as a reverse merger since the management of Peak Solutions became the new management of Javelin. Accordingly, the historical activity of Javelin described herein refers to the activity of Peak Solutions.
Located in Temecula, California, Javelin is a private investment, management and consulting company. Historically, Javelin has generated income from consulting services with expertise is working with micro-cap and small-cap companies across various industries in "turn around" scenarios. In this capacity, Javelin has extensive experience in fund-raising, operations, and management. To a limited extent, Javelin has provided some direct investment into client companies. The Company anticipates increasing its level of direct investment participation in companies that have strong management and fundamentals.
Going forward, Javelin is expanding its operations to include the acquisition of publicly-traded, but inactive, shell companies, infusing them with capital, and then managing the new companies as they acquire and operate subsidiaries.
Javelin Holdings fills the current void in financing for small, developing companies. Operating as a hybrid between a management group, a consultant firm, and a holding company, Javelin expects to generate revenues from multiple sources.
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Revenues
Javelin's business model generates revenues by both assisting client companies in raising capital, and acquiring and operating businesses ourselves. Specifically, Javelin anticipates engaging in the following activities:
1. Locating and acquiring inactive public companies (shells).
2. Bringing the shells into compliance with the provisions of the 1933 and 1934 Act and then infusing them with capital.
3. Using the capital in the companies to invest in operating businesses.
4. Assisting with the management of the operating companies.
5. Consulting with publicly-traded clients to assist them with raising money.
6. Making limited, short-term investments into client companies in the form of convertible debentures.
7. Assisting client companies to create liquidity in their stocks through PR, strategic acquisitions, etc.
8. Financing client companies through private placements and other stock sales.
In light of all of the above list activities, Javelin expects to generate revenues from several areas:
Consulting Fees. Javelin has heretofore generated fees from consulting to various micro-cap and small-cap public companies. Typically trading on either the OTC.BB or "pink sheets," these companies can often benefit from several services offered by Javelin including
assistance with capital raising
merger/acquisition structure and negotiation
improving stock liquidity, market development
conversion into business development company
quarterly and annual report preparation/SEC compliance
audit committee and board of director services
In each instance above, Javelin charges consulting fees ranging from hourly billing to flat monthly fees payable in either cash or free-trading stock.
Purchase of convertible debentures. Convertible debentures, while devastating to a company in large amounts or when used as long-term financing, can be used effectively and without harm in limited quantities and for relatively short-term cash needs. A convertible debenture is a debt instrument that allows the holder to convert their debt position into common stock at some pre-determined discount to market. Because the conversion rate is fixed rather than the conversion price, convertible debentures can have the effect of spiraling down a stock price through wanton conversion by the holders. Javelin will buy debentures from select clients in instances where there is limited other convertible debt on the client's books and where the client has entered into management contract with Javelin.
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Purchase of Stock. Once a public company has been "cleaned" (is fully compliant and has a favorable equity structure), and is in a position to issue stock, Javelin proposes being a primary source of this investment capital for our clients by purchasing common stock from them at a discount to market and then selling the stock at market rates.
Management Fees
In select instances, Javelin will acquire a controlling interest in a public shell with the intention of cleaning them up and preparing them to receive a capital infusion. Javelin intends to charge such companies management fees as compensation for our efforts to clean up the shell, provide financing, and provide ongoing management support. Our intention is to centralize all management and overhead of all subsidiary companies in order to reduce costs and better control operations.
http://www.secinfo.com/d16gRg.2p.htm
Derb
Nice to see you Loan Stew. IMO Javelin is the crew you bring in to unload convertible debt onto shareholders. (i try to keep it simple!!)
Goldenstar,
I would like to also assist on this board. Please let me know if you need another assistant, as I see two on board.
TIA
EarnestDD, simple, he ends each call with "I am expecting several PR's over the next few weeks." This gets posted on the message board keeping everyone at bay and expectations high.
Derb
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Scam Plays and DTC "Chilled" Stock - Beware of Both
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Since DTC is starting to "chill" or global lock quite a few stocks I thought it might be interesting to start gathering information on the various "chilled" stocks here. I'll be adding a list of the ones I know about in the near future. Please post information on any stocks you know of that have a DTC "chill" on them.
Not all DTC "chilled" stocks are scams, but, the end results to the long term shareholders appear to be the same.
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Here's some interesting reading for those with any concerns about speaking out freely with information about scams:
From IH Geek [Dave]
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53187425
An excerpt:
"This is an important day for freedom, and a fatal blow to those who would attempt to silence our collective rights using foreign laws as their sword.
It is our great pleasure to announce today's enactment of the SPEECH ACT, otherwise known as the "Securing the Protection of our Enduring and Established Constitutional Heritage" Act. This is important legislation, not only for websites such as as iHub but also for individuals who wish to exercise their constitutionally protected right to express their views.
The new legislation, which was signed into law today, is based on the similar laws passed by New York, Florida and other states. It prohibits enforcement of foreign libel judgments in all U.S. courts of law when the foreign laws are not as protective as American law or do not comport with U.S. principles of due process. It also requires US courts to apply the immunity provided by 47 USC 230 with regard to foreign judgments against interactive websites like iHub. And perhaps most importantly, it provides the jurisdictional authority for US courts to issue declaratory judgments in favor of the US defendants in such foreign judgments, and provides for recovery of legal costs in incurred in doing so. No longer will US citizens and business be held hostage to libel judgments obtained in countries with archaic libel laws that do not respect the constitutional and statutory protections provided by US law.
It should also be noted that this bipartisan legislation passed both the House and the Senate unanimously. That speaks strongly to the will of Congress and the American people; in this age there are scant few matters before the Congress that would garner unanimous support.
Our thanks and congratulations go to Congressman Steve Cohen for originally proposing this legislation, and to Dr. Rachel Ehrenfeld who spearheaded support for the legislation. We also acknowledge the members of both parties in the Judiciary Committees of the House and Senate for getting the legislation right and getting it enacted without opposition.
We recognize and congratulate those of you who have held your ground in the face of intimidation from foreign operators."
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Here's an example of the type of scam stock I'd like to see listed here:
OTC BB | Medical - Healthcare | EYI Industries (EYII)
http://investorshub.advfn.com/boards/board.aspx?board_id=4264
Dirty shell is an understatement here:
If you go to the State of Nevada you will see their corporate status has been revoked:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=OBGnrqpH6oP8sHIelJilxA%253d%253d&nt7=0
Pinksheets has them as Caveat Emptor
EYII closed it's doors on April 2, 2009. Website came down and nobody heard from the company again. A number of reps are now trying to file a class action lawsuit against the company. They stopped paying reps after this point. In the weeks and months leading up to April 2009, they had begun putting caps on distributor checks. After this time, the patent holder/inventor of Calorad took his product to ASANTAE, inc to allow them to distribute. EYII never owned Calorad or the rights to distribute it. Try googling for EYII distributors, and you will not find a single one that is active. There are a few that have moved onto other MLM companies, and have maintained their old telephone numbers, but they will tell you that EYII went out of business last year. Evidently, the story is that 2 people embezzeled or defrauded the company of all their cash and they went belly up. They left all their reps high and dry and even wiped out their downlines of customers, because they took down the website and they were not able to access their downlines.
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This Forum used to be for the discussion of Javelin Advisory Group Stock Plays, however, the company no longer exists. Please feel free to use this board for any scams you find. Just provide links to prove your assertion.
Website
http://www.javelinadvisory.com/ (JAVELIN out of business) email addressed to site is returned undeliverable and last blog entry on the site is from 2008. There are no current Javelin plays.
Incorporated
http://nvsos.gov/sosentitysearch/
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=hzBwHZy%252bH0oxx8dilMyxDg%253d%253d&nt7=0 shows that JAVELIN is in default status with the State of Nevada.
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All messages, including iBox content, are the opinion of the posters, are no substitute for your own research, and should not be relied upon for stock trading or any other purpose.
Rules of the board according to IHUB:
http://www.investorshub.com/boards/complex_terms.asp
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