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remember meeting the former bozos at many of those investors' conferences. Institutions attending use to mocked them. Comes to show management were totally clueless
If someone bought SGBX in April, they should be happy right now ??
someone should create the new board hidden gem sgbx
SGBX is showing intelligent strategic moves. Stock is moving higher..$4..and will be moving much higher by year-end. This is a company with a bright future.
https://finance.yahoo.com/news/does-sg-blocks-inc-sgbx-155610270.html
Filings show original amount sought in IPO was reduced so they might need more capital. Could be trying to get stock up for secondary offering and dilution.
It's not imo. Worse than the business not previously working, it looks like they have the same management as before minus a new CFO. Not too impressive when your CEO and CFO both saw their last company's file bankruptcy.
Paul Galvin CEO
https://www.pacermonitor.com/public/case/9602141/SG_Building_Blocks,_Inc
Mahesh Shetty CFO
Mr. Shetty served as the Chief Restructuring Officer and Chief Financial Officer for PFO Global, Inc., an innovative manufacturer and commercial provider of advanced prescription lenses.
http://www.visionmonday.com/latest-news/article/pfo-global-files-chapter-11-bankruptcy-1/
With so many stocks to choose from with good management, why would investors bet on a company on one that already failed once and has a CEO and CFO who both saw their last company go bankrupt? Lots of hype out there in last few days and they hired new promotional firm per recent pr so they are probably trying to earn their keep.
http://www.nasdaq.com/press-release/sg-blocks-engages-mz-group-to-lead-strategic-investor-relations-and-shareholder-communication-20170914-00570
Nice recent pop higher. Like to see it trade a little higher and look to possibly short expecting possible secondary offering and new shares coming to market coming off 144 restriction post ipo. Low float so tight stop. JMHO
Manchester Explorer, L.p. has filed a new 13G, reporting 5.4% ownership in $SGBXQ - https://fintel.io/i/manchester-explorer and https://fintel.io/i/manchester-explorer
They IPO'd onto the nasdaq!!
Hmmm, original company went bankrupt and stock was canceled. Why is it going to work now?
AVEO has a nice two month chart.
you betcha. we are locked and loaded here big time. i will you one winner. you owe me!!
Gangbusters!!!!!
Recently IPO'd to the nasdaq//SGBX getting ready for the 6.00 holla!!
SGBXQ: Bankruptcy PLAN effective. All shares cancelled.
http://otce.finra.org/DLDeletions
SGBX will change to SGBXQ, bankruptcy. Effective Oct 19,2015.
http://otce.finra.org/DLSymbolNameChanges
Another franchise that has their own modular sites is Checkers they should look into them as well
I like what Farm Stores is about ... a "convenience" grocery store...
"Farm Stores provides a unique neighborhood experience. A combination of grocery store, bakery and restaurant, we give you the freshest products in the most convenient manner: the equivalent of a drive-thru supermarket express lane."
Appears to be a good fit for SGBX ... helping them to quickly role out stores. Could this be the catalyst for SGBX?
Yes, need to keep an eye on the franchising success of Farm Stores.
I OWN SHARES IN SGBX.
Well Farm Stores use to be exclusive to Florida and mainly South Florida at that. Looking at their website they have completely redesigned their business model. Same drive thru concept but now rolling out nationwide in addition to new product and store design. In their presentation it looks as though they have incorporated the sh block model design for all of their stores. So to answer your question it is going to depend on how well this grows across the nation.
interesting pr, "will be partnering with Farm Stores on a sizable rollout of franchise-based stores"
wish they defined 'sizable' in terms of units
disclaimer, I hold no position here
stillll hoping it will nudge up high.
Another link with pictures of the bar and rooms...
http://www.designntrend.com/articles/39436/20150211/sg-blocks-builds-container-based-bar-hotel-room.htm
it seems they have a lot of big names 'interested' at any given time
what they need is something large scale inked and then it'd be off to the races imo
'probably' just a matter of time(?)
disclaimer: I own no shares of sg_bx
SG Blocks Builds Prototypes for Marriott
SG Blocks Builds Container-Based Bar and Hotel Room Prototypes for Marriott Moxy Hotels
NEW YORK, Feb. 11, 2015 (GLOBE NEWSWIRE) -- SG Blocks (OTCQB:SGBX), a premier innovator and designer of container-based structures, today announced it has built a container-based open-air bar and a hotel room mock-up for Marriott's Moxy Hotels. The prototypes were recently revealed at The Americas Lodging Investment Summit on the grounds of Nokia Plaza L.A. LIVE. Marriott announced the U.S. launch of its contemporary brand, Moxy, which currently only operates in Europe. Eight projects were identified and slated for major metropolitan locations including New York City, San Francisco, Seattle, New Orleans and Chicago.
"We are honored that Marriott, one of the world's largest and leading hospitality companies, selected our firm to deliver two container-based products that fit its modern, high energy brand," stated Paul Galvin, Chairman and CEO of SG Blocks. "The efficiency of our product combined with the speed of modular construction resulted in a fast, on trend, and sustainable solution."
The 20'X8' bar was engineered with external flaps to make it expandable to 20'X20'. It is currently at Marriott's corporate headquarters in Bethesda, MD, from where it will be sent across the country for use at various corporate events. The one-container hotel room prototype will permanently be on display at Marriott's headquarters.
"SG Blocks' container-based Moxy structures are the embodiment of the brand's style, design, and attitude," said Tina Edmundson, Global Officer, Luxury & Lifestyle Brands. "The prototypes successfully demonstrated Moxy's fun, edgy, and youthful spirit and allowed patrons of the summit to fully experience the Moxy Hotels concept as we prepare to launch the brand in the U.S."
About SG Blocks: SG Blocks, Inc. (OTCQB:SGBX) is a premier innovator in advancing and promoting the use of code-engineered cargo shipping containers for safe and sustainable construction. The firm offers a product that exceeds many standard building code requirements, and also supports developers, architects, builders and owners in achieving greener construction, faster execution, and stronger buildings of higher value. It has four product lines: retail, commercial, military and residential. SG Blocks also has an exclusive 10-year collaboration and supply contract with ConGlobal Industries Inc., the largest shipping container depot operator in the United States. For more information, visit www.sgblocks.com.
http://pics.newsware.com/gc.asp?nm=101683&dt=13191&ky=0150CpAKOUq9c
I OWN SHARES IN SGBX
Agreed. Don't seem to be doing much to generate either of those right now, but I've seen a lot of shipping container houses being profiled in the news.
They need news and exposure
Where did the buying go
SG Blocks Announces Multi-Container Development in Nashville
Builder of Container-Based Structures to Create Space for oneC1TY, a Vibrant Urban Community
NEW YORK, Aug. 5, 2014 (GLOBE NEWSWIRE) -- SG Blocks (SGBX), a premier innovator and designer of container-based structures, today announced it will build a 21-unit development in Nashville, Tennessee for oneC1TY, a vibrant urban community currently under construction.
oneC1TY is a multi-building, mindful living community that caters to the healthcare, life sciences and technology sectors of the global economy -- all of which are growing dramatically. oneC1TY creates a space for those industries to connect with higher education, research and development, and other related disciplines in a collaborative, interactive community near the center of Nashville's urban core.
The structures built by SG Blocks, C1TYblox, will house commercial properties including retail stores, restaurants and other businesses. They will be erected within a few days after arrival, finished out by the tenants once in place and open for business approximately 60 days later. Construction of the infrastructure, green spaces, outdoor amenities and first office building is already underway at the direction of oneC1TY's master developer, Cambridge Holdings, Inc.
"Our containers will soon be the home to the stores the entire oneC1TY community will enjoy and we are thrilled to be part of the project," stated Paul Galvin, Chairman and CEO of SG Blocks. "Through our sustainable and efficient process, we are truly transforming the industry, helping bring projects to life on development sites that would otherwise be stale for longer periods of time."
C1TYblox will remain in place for approximately five years, until oneC1TY's permanent buildings are completed.
"This is the first development of its kind in Nashville, making it even more important to partner with an experienced industry leader like SG Blocks," said Ryan Doyle, general manager of oneC1TY. "C1TYblox is an important catalyst for the overall development of oneC1TY, and SG Blocks will support us throughout its construction to ensure that all aspects of the project fit into oneC1TY's mindful living philosophy."
About SG Blocks: SG Blocks, Inc. (SGBX) is a leader in advancing and promoting the use of code-engineered cargo shipping containers for safe and sustainable construction with innovative solutions. The firm offers a product that exceeds many standard building code requirements, and also supports developers, architects, builders and owners in achieving greener construction, faster execution, and stronger buildings of higher value. It has four product lines: retail, commercial, military and residential. SG Blocks also has an exclusive 10 year collaboration and supply contract with ConGlobal Industries Inc., one of the largest shipping container depot operators in the United States. For more information, visit www.sgblocks.com.
Cautionary Note Regarding Forward-Looking Statements:
Information in this press release that involves the expectations, plans, intentions or strategies of SG Blocks regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. In this release, they are identified by references to dates after the date of this release and words such as "will," "remains," "to be," "plans," "believes," "may," "expects," "intends," and similar expressions. Factors that could cause SG Blocks' actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, but are not limited to, the timing and successful completion of the engagement. The forward-looking statements in this release are based upon information available to SG Blocks as of the date of this release, and SG Blocks assumes no obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and may cause actual results to differ materially from our current expectations.
Contact:
RUBENSTEIN PUBLIC RELATIONS
KATI BERGOU, 212-843-9314
KBERGOU@RUBENSTEINPR.COM
SG Blocks, Inc. and ConGlobal Industries LLC Renew Exclusive Supplier Partnership Through May 2024
SG Blocks to Open West Coast Office at ConGlobal's San Ramon, CA Headquarters
NEW YORK, June 12, 2014 (GLOBE NEWSWIRE) -- SG Blocks, Inc. ("SG Blocks") (SGBX), a premier innovator of construction solutions utilizing code-engineered cargo shipping containers, and ConGlobal Industries LLC ("ConGlobal"), North America's largest full service supplier to the intermodal industry and leading retailer of new and used containers, today announced the renewal of their exclusive Collaboration and Supply Agreement through May 2024.
"ConGlobal is excited to renew our exclusive agreement with SG Blocks to provide innovative building solutions that are environmentally friendly, faster to construct and less expensive than traditional building methods. SG Blocks is the clear first mover and innovator in green, modular construction and the clear partner of choice for ConGlobal," said Mike Baldwin, President of ConGlobal.
"The professionalism, expertise and geographic reach of ConGlobal cannot be matched by anyone in the industry and ensures that SG Blocks construction projects can be created and installed anywhere in the world. The ConGlobal team and reach propels SG Blocks growth and the adoption of container-based structures into the mainstream of construction. With first mover advantage and the most abundant supply of inventory, governments, companies and individuals are seeking reliable, responsible and reasonably priced solutions for development creating enormous opportunities for the SG Blocks and ConGlobal partnership," said Paul Galvin, CEO of SG Blocks.
As part of their partnership, SG Blocks will open a West Coast office at ConGlobal's headquarters in San Ramon, CA.
About SG Blocks:
SG Blocks is a premier innovator of green commercial and private structures utilizing recycled code-engineered cargo shipping containers. Servicing some of the world's biggest companies and government agencies, SG Blocks produces cost effective container-construction technology that exceeds standard building code requirements. SG Blocks partners with developers, architects, builders and owners worldwide to achieve faster execution, stronger high-value buildings, and greener construction. For more information, visit www.sgblocks.com.
About ConGlobal:
ConGlobal is North America's largest full-service supplier to the intermodal industry, providing depot and CY services, equipment sales, repair, maintenance, storage, redistribution and transportation services. ConGlobal is also a leading retailer of standard and modified equipment in new and used condition to consumers, corporations, government and military institutions. Built around 30 locations in the U.S., Mexico and Costa Rica, ConGlobal is a wholly owned subsidiary of In-Terminal Services LLC (ITS), a leading provider of rail intermodal terminal services, which is majority owned by Carlyle Group. For more information, visit www.cgini.com.
Cautionary Note Regarding Forward-Looking Statements:
Information in this press release that involves the expectations, plans, intentions or strategies of the Company regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. In this release, they are identified by references to dates after the date of this release and words such as "will," "remains," "to be," "plans," "believes," "may," "expects," "intends," and similar expressions. Factors that could cause the Company's actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, but are not limited to, the timing and successful completion of the engagement. The forward-looking statements in this release are based upon information available to the Company as of the date of this release, and the Company assumes no obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and may cause actual results to differ materially from our current expectations.
Contact:
Jennifer Strumingher
jstrumingher@sgblocks.com
Letter to shareholders...
October 15, 2013
Dear Fellow Stockholders,
As we’ve entered the final quarter of 2013, I want to update you on the progress we have made at SG Blocks. There have been many notable advances in execution of our business plan, including an expanding client list.
2013 PROJECT HIGHLIGHTS
We launched the year by delivering a luxurious Equinox Fitness Clubs membership office located in Chestnut Hill, Massachusetts. This structure utilized both our container and intermodal framing-based building technology and is engineered for relocation. In May, we delivered our first drive-through store for a national coffee retailer in Roseville, California. We followed it up with delivery of additional outlets in Salt Lake City, Portland and Chicago.
We’ve participated in the effort to rebuild the South Street Seaport in New York City after hurricane Sandy by producing the sleek shipping-container pop-up retail section of the SEE/CHANGE area of Pier 17. Our technology is being used to house boutiques, food operators and a vibrant outdoor bar. The main building of this section has 11 of our containers and is anchored on one end with containers stacked three-high.
We’ve delivered to the historic Union Station in Washington DC, two commercial, modularized bathroom units made out of five containers and are presently shipping a prefabricated 3,000 square foot single-family home to Russia. This home will represent our largest internationally delivered structure.
Electrical Distribution Centers
For the past four years, through a contractual relationship with a third party, we have been steadily delivering container based electrical distribution centers that reduce the cost of temporary power to sites of newly constructed Big-Box retailers. These electrical distribution centers provide us predictable and recurring revenues.
The SuperPier Project
Being headquartered in New York City, we are very excited to be under contract to participate in the historic “SuperPier” project to develop Pier 57 at West 15th street in Manhattan. This project is scheduled for completion in Spring 2015 and consists of 12 acres of raw space, which will be retrofit into an innovative cultural, entertainment, dining and retail experience.
Norfolk Naval Shipyard
A U.S. Navy contractor has returned to us with an order for delivery of another multistory hoteling system that it will lease to the U.S. Navy for use aboard aircraft carriers during dry dock. Civilian contractors will use the multistory structures for office space and other purposes during ship maintenance and repairs. Under the contract, we anticipate delivering 25 new structures and refurbishing 7 structures that we delivered under prior orders. This $1.5 million project has commenced and is expected for delivery by year-end or early 2014.
POSITIONING FOR GROWTH
We continue to strive to increase our sales pipeline and to concentrate our efforts on improving gross margins from these projects. We have implemented significant internal controls and pricing hurdles to help achieve these goals. We believe that as we close projects in the sales pipeline they will provide contributions to gross margins by creating efficiencies in the supply and delivery chain.
Going forward, we envision significant opportunities in midrise residential applications and anticipate continued expansion in the retail marketplace in both permanent and temporary construction. In addition to the companies we’re already working with, we are in discussions with other prominent brands seeking to implement green, container-based products into new store development plans.
With all of the progress we’ve made, it has not been without challenges. Part of establishing our product as mainstream for construction has meant taking on some loss leaders. As a result, we have not turned cash flow positive as soon as previously anticipated. Consequently, we continue to ally ourselves with strategic partners to support our operations. Further, we have begun a significant effort to provide greater exposure to the investing community by retaining SABR Capital Management, LLC as our consultant to assist us with strategic planning and investor relations.
The continued advancement of our product is enabling the shipping container to be known as a source of innovation, competitive advantage and flexibility to our current customers. These customers have been pioneers in bringing an authentic use of the material to light and we hope many more will follow.
The entire team at SG Blocks appreciates your support and confidence. I look forward to sharing new developments in our business soon.
Thank you,
/s/ Paul Galvin
Paul Galvin
Chairman and CEO
Cautionary Note Regarding Forward-Looking Statements: Information in this letter that involves the expectations, plans, intentions or strategies of the Company regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. In this letter, they are identified by references to dates after the date of this letter and words such as "will," "remains," "to be," "plans," "believes," "may," "expects," "intends," and similar expressions. Factors that could cause the Company’s actual future results to differ materially from those expressed in the forward-looking statements set forth in this letter include, but are not limited to, the timing and successful completion of the “SuperPier” project and the successful completion and fulfillment of contracts and projects mentioned. The forward-looking statements in this letter are based upon information available to the Company as of the date of this letter, and the Company assumes no obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and may cause actual results to differ materially from our current expectations.
Copyrights: “Equinox”, “SuperPier” and other company and product names used in this letter may be trademarks of the respective companies or organizations with which they are associated.
SG Blocks, Inc. · 3 Columbus Circle · 16th Floor · New York, NY 10019 · 212.520.6216
I OWN SHARES IN SGBX PURCHASED IN THE OPEN MARKET
http://www.sec.gov/Archives/edgar/data/1023994/000092189513002020/ex991to8k08066_10152013.htm
interesting pr today
I guess you sold nviv?????????????? may I ask why
Company needs capital or kiss it goodbye
This company chooses to post their PR on the website as opposed to the usual release. Like the news wonder what type of revenue we are talking about......
SGBX and Starbucks...
Coffee Shop, Contained: Fortune 500 issue May 2013
Fortune 500 issue May 2013 – SG Blocks noted as a partner in Starbucks’ new container based drive-through store initiative.
A blend of drive-throughs and drive-through/walk-up hybrids, Starbucks will use a tiny footprint to enter high-traffic locations previously out of reach. Starbucks’ long-term goal is to create store modules that its designers can select based on the location, including the appropriate add-ons (bathroom, patio etc.). Once constructed and delivered, the container-turned-drive through can be operating in about a week. All are being built to LEED certification. Some 60% of all new U.S. stores that Starbucks has planned for the next five years will be drive-throughs. Starbucks’ chief creative officer envisions hundreds of those being from containers.
http://www.sgblocks.com/2013/05/06/coffee-shop-contained-fortune-500-issue-may-2013/
Donald Trump Jr. Named Senior Advisor to SG Blocks, Inc.
Prominent real estate developer embraces the SG Blocks Building System for its sustainability, speed and flexibility across a host of asset classes.
New York, NY (PRWEB) August 30, 2012
SG Blocks Inc. (OTCBB: SGBX) today announced the naming of Donald Trump Jr., Executive Vice President at The Trump Organization, as a Senior Advisor. Donald Jr. brings his extensive real estate development experience and know-how to the SG Blocks advanced platform.
“Don is an innovative and accomplished young real estate entrepreneur. We look forward to his contributions and the value of his insights as SG Blocks continues to grow,” said Paul Galvin, SG Blocks’ Chairman and CEO.
SG Blocks has been a leader in progressing and promoting the use of code-engineered cargo shipping containers for safe and “green” construction with innovative solutions. Through the repurposing of shipping containers into a sustainable, green building system, SG Blocks makes new things possible in construction design and development. Creating innovative and functional spaces through its proprietary engineering, SG Blocks has built for premier consumer brands including, among others, PUMA, Lacoste and MINI Cooper as well as the US Military, select municipalities, multinational corporations and private developers.
“SG Blocks offers a unique building system to the construction industry – a flexible, green technology which enhances velocity to market, critical in today’s competitive marketplace. I’m very excited to be joining Paul and the visionary SG Blocks team,” said Mr. Trump.
In his role, Mr. Trump will join retired Admiral Edmund Giambastiani Jr., the Nation's 7th Vice Chairman of the Joint Chiefs of Staff who has also been recognized as a distinguished Senior Advisor to the Company.
SG Blocks has recently expanded their success with a strategic partnership with McCann Enterprise, part of McCann Worldwide, which focuses on mobile and temporary retail construction, permanent store construction, event related structures and product showcasing.
About SG Blocks, Inc.
Since its inception in 2007, SG Blocks (http://www.sgblocks.com) has been a leader in advancing and promoting the use of code-engineered cargo shipping containers for safe and “green” construction with innovative solutions. SG Blocks develops and implements technology that stands above other standardized container-construction while also being highly cost effective. Offering an exceptional product that exceeds many standard building code requirements, SG Blocks supports developers, architects, builders and owners in achieving greener construction, faster execution and stronger buildings of higher value.
About Donald Trump Jr.
Donald Jr. directs new project acquisition and development for The Trump Organization throughout the world. In addition to new project acquisitions, he actively oversees The Trump Organization’s property portfolio and is involved in all aspects of the company’s development, from deal evaluation, analysis, and pre-development planning to construction, branding, marketing, operations, sales and leasing. In addition to his real estate interests, Donald Jr. is an accomplished and sought after speaker. He has spoken extensively throughout the United States, and has given keynote speeches internationally, notably in Dubai and India. He is also featured as an advisor on the highly acclaimed NBC show “The Celebrity Apprentice.” Trump is also an avid philanthropist, sitting on the Board of Directors of Operation Smile and is strongly involved in the Eric Trump Foundation. Donald Jr. received his Bachelor’s Degree in Finance and Real Estate from the Wharton School of Finance at the University of Pennsylvania.
http://www.Trump.com
http://www.prweb.com/releases/2012/8/prweb9854141.htm
Sure would be nice to see this company communicate with it's shareholders
Nothing to get too excited about. I've seen this happen many times before, and it usually has little to no impact on a stock.
See also: prior post
"All companies quoted on the OTCBB must maintain at least one registered market maker."
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Since its inception in 2007, SG Blocks has advanced and promoted the use of code engineered cargo shipping containers in safe and "green" construction and developed and implemented the technology to break away from standardized container-construction while maintaining reduced costs. Offering a product that typically exceeds many building code requirements, SG Blocks seeks to enable developers, architects, builders and owners to achieve greener construction, faster execution and stronger buildings of higher value.
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