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ICTY Form D
Well first off, a company can raise $1 million during a twelve month period from the first sale date. This is dilution, but that's okay given all companies go public to raise funds, they are just showing you how much was sold/raised.
However, there were two Form D filed today
One stating first sale 9/29/09
for $10,000 (won't tell you number of shares or the discount the 504 financier received)
on the second filing it states new filing and first sale was 10/5/09 (that is a problem). it can't be a new filing; because a filing has already started 9/29/09. it should have been filed as an amendment.
reducing the $990k left on the initial filing down to $965k remaining.
kinda sloppy in paperwork.
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it is nice to see they filed it relatively close to time of sale; however 504's can get discounts of 30-50%, so my guess you will see continued sale into a rise in PPS, not sure enough to keep PPS down, unless they really do a very large chuck all at once (like hundreds of thousands of dollars in 504 financing)
Keep PIHN on your radar-find a spot to collect-low volume mover. SNDY kept most of recent gains.
lackluster!!??!! it sucked!
CCAJ just skyrocket to .007
It has indeed been a rather lackluster day for me too.
-Dave-
Bad bad day today, the only stock that went green on my list was CCAJ which has been dormant for months.
""ICTY is getting ready to go to my sell block if it doesn't perform monday...However, for the most part it held very nicely on it's breakout support level of around .0011. There is definitely a large seller in the market but, I don't think it's the company.""
.........I like my crow pan fried with lots of silly salt and texas pete. :).......what a bunch of f-tards.
-Dave-
weeeeeeeeeeeeeeeeeeeeeee
so based on the Form D, Rule 504 (b)(1)(iii)
http://sec.gov/Archives/edgar/data/1096337/000109633709000003/xslFormDX01/primary_doc.xml, does this mean that the CEO is asking to sell $1 million worth of his shares???
13. Offering and Sales Amounts
Total Offering Amount $1,000,000 USD
Total Amount Sold $10,000 USD
Total Remaining to be Sold $990,000 USD
If so, isn't that not good??
Or am I understanding it incorrectly?
I have been out doing the sportsman thing...I am moving some $$$ around today,and getting caught up on some DD...I will look into these today...thanks pilot..!!!
well I am sold IOVE and ICTY for now.
Good morning Pilot....are we all trying to pick the the next big winner...?? I am getting the crystal ball out this morning..lol ....its looking kinda murky.....
OK Deenjer14.
:)
Up a bit on IJJP. waiting on ICTY for a better entry point. What up with D14?
good morning Ray.
morning all... ICTY looking strong this morning... weeeeeeeeeeee
OH NO! He found us, RUN - HIDE!! J/K
Good morning sir & everyone.
IOVE NEWS
Richwood Eco Ventures, Inc. Appoints Advisory Director and Commits to Assist Indigenous Communities in 2010
DOYLESTOWN, PA -- (Marketwire) -- 10/19/09 -- Accredited Business Consolidators Corp., trading as Italian Oven, Inc. (PINKSHEETS: IOVE), today announced the appointment of Anker Struve as advisory director to the company's Richwood Eco Ventures, Inc. subsidiary. IOVE owns 80% of the common stock of Richwood Eco Ventures. Mr. Struve, a citizen of Denmark who has operated forestry programs in Central America for the last decade, brings experience and expertise to the subsidiary.
Richwood Eco Ventures, Inc., through its four partnership companies in Nicaragua, established a paradigm to raise funds for local communities by harvesting damaged trees from Hurricane Felix.
The paradigm includes a Public-Private Partnership with Deutsche Gesellschaft fur Technische Zusammenarbeit GmbH (GTZ) of Germany to assist indigenous communities in the Tasabi Pri territory. GTZ is owned by the German federal government.
Upon review of the PPP with GTZ, Richwood committed to continuing this project for 2010 and will provide the appropriate funds and assistance.
Richwood's affiliate, Teka de Nicaragua S.A., with assistance from IOVE, will continue a communitarian enterprise with the indigenous communities of Tasba Pri in an economically profitable and ecologically sustainable way by producing wood from the forests damaged by Hurricane Felix in their territories. Tasba Pri will be included in the value added chain of the wood through the communitarian enterprise and an alliance with Richwood and Teka.
The project is expected to create approximately 150 new jobs and to increase the annual income of the employed families by 250%. Richwood and Teka will provide experts including a project director, forest regent, financial administrator, and environmental engineer. Facilities operated by the partners of Richwood will be utilized to process the wood and make it available for export.
GTZ will assist the project by purchasing certain equipment, all of which will be given to Tasba Pri upon completion. GTZ, upon approving audit reports, will provide advances of several hundred thousand dollars to Teka.
Two advances are scheduled for 2010, and two others in 2011. It is believed that the project will bring revenue and profit to IOVE, Richwood, and the Nicaraguan subsidiaries during the 2010 and 2011 fiscal years.
More information on the wood that will be obtained from the PPP is available at www.richwood.com.ni.
ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.
Accredited Business Consolidators Corp., f/k/a the Italian Oven, is a diversified holding corporation. The total number of common shares outstanding is 436,399,500. 328,018,200 shares are in the public float, 70,546,600 shares are restricted in certificate form, and 37,834,700 shares are unrestricted but in certificate form. There will be no increase in shares until at least April 2010.
This is not an offer to sell securities. Statements made are forward-looking subject to risks and uncertainties. Statements included are made on the date hereof. The company undertakes no obligation to update such statements to reflect subsequent events or circumstances. Results could differ materially from anticipated results. Pay careful attention to all announcements and filings.
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be careful on that one no news for months, you have to be faster than momo to make any money on it;
MMTE - watch this for a chart play IMO. I know nothing of the company and don't own any shares yet. I think it will make a decent short term run if nothing else.
Hey guys here you are ...This site looks like the old behl site that was so fun to read...
this one does not need pumping--its gona do it on its own few days from now--trust me
ICTY - Short Term Indicators BUY BUY BUY!!!
7 Day Average Directional Indicator Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
And it could see Pennies...
i went a bit crazy on some of that mamajuana this past week. Sure did make me lose control.
Anyway, back to reality for me. Sweet board got my mark- I'll be taking a peek and contributing when I can.
Cheers to a good week ahead.
Middle of week, iove will be jumpin''
Thanks Money I will a search on CCAJ
CCAJ might be worth lookin at in the next week or two...
and aren't they Be-a-u-ties... I'm sure I'll get in trouble when I return mmmm,mmmm :) - the anejo is the best - through-out the caribean you can find many good, good dark rums - CM is definitely sissy lol but if that's what's stocked in the basement bar... well... :)
I always thought CM was a girls drink? hehehe
Seriously though not enough Alcohol in there for me... I do love that Anjno though Drank that every christmas in Casa De Campo... a little merengue with those dominican beauties! Club Genesis at Altos de Chavon!!! LOLOLOL!!!!!
Dear lord I had fun
Q
ok one more for you Quinner; CM spiced wit coke and then bed... :)
good lord you two... I wish I still drank!
si (pero a vezes e dificil esperar)
Tu sabes que si, no falta mucho.
yes... mamajuana... for chiki-chiki yea... or chaka-chaka - but that shit has like bark and all kinds of shit in it - it's good though :) cono chamo cuando BEHL se va - sabes que te voy a comprar una cantidad de mamajuana tan grande y busco una cantidad de chicas mas bellas - y hacemos una pachanga en tu casita alli en la finca que te comraras... no te olvides los amigos BEHL pa' cer la piesta - que tal compandre?
Ok money now I am upset, what happen to Mamajuana, you know that drink is the Dominican Viagra. You can't talk rum with mixing it with that.
welcome Joey, not much at this hour, I am late to the cave.
I meant I sold IOVE not AVOE
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WDRP, LOW FLOAT, 130 MILLION SHARES RETIRED. NO DILUTION STRONG ACCUMULATION. LOW FLOATER.
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