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$GMUI Due Diligence Report
## source: finance.yahoo.com
$GMUI charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$GMUI company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/GMUI/company-info
Ticker: $GMUI
OTC Market Place: OTC Pink Current
CIK code: 0001005185
Company name: Gold Mining USA Inc.
Company website: http://www.gmuiinc.com
Incorporated In: FL, USA
Business Description: Gold Mining USA, Inc. (OTC Symbol - GMUI) is an emerging OTC Company that is focused on developing metallurgical and mining projects. GMUI business model is to acquire properties that present the potential to prove up significant resources through exploratory drilling and generate value through exploration, development, joint venture or divestment.
$GMUI share structure
## source: otcmarkets.com
Market Value: $9,046,562 a/o Feb 12, 2016
Shares Outstanding: 64,618,299 a/o Jan 25, 2016
Float: 5,072,059 a/o Jan 25, 2016
Authorized Shares: 200,000,000 a/o Oct 13, 2014
Par Value: 0.0001
$GMUI extra dd links
Company name: Gold Mining USA Inc.
Company website: http://www.gmuiinc.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=GMUI+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=GMUI+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=GMUI+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/GMUI/news - http://finance.yahoo.com/q/h?s=GMUI+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/GMUI/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/GMUI/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=GMUI+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/GMUI
DTCC (dtcc.com): http://search2.dtcc.com/?q=Gold+Mining+USA+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Gold+Mining+USA+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Gold+Mining+USA+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.gmuiinc.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.gmuiinc.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.gmuiinc.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/GMUI
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001005185&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/GMUI/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/GMUI/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=GMUI&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=GMUI
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/GMUI/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=GMUI+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=GMUI+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=GMUI
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=GMUI
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=GMUI+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/GMUI/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=GMUI+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/GMUI.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=GMUI
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/GMUI/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/GMUI/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/GMUI
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/GMUI
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/GMUI:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=GMUI
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=GMUI
$UNGS & $CFGX lotto plays - could see something soon.
Accumulating $COBI - got a feeling the PRs will pick up along with volume.
$SRCO setting up for a monster bounce here. Could go to copperland!
$PMCM getting current. Watching for volume.
Watch $WOFA - runner in the making.
$VHMC watching closely. Could be a winner.
$VHMC .003 A Great Early Opportunity Or Another Dilution Trap? Here Is The Last Pr.
Float is Said To Be At 74m Now, $VHMC Hit It's High Of .0052 Yesterday, Before Pulling Back To Low .003's, On Discovery Of The Float Nearly Doubling From The Last TA Check Which Was Around 36m.
Here Is $VHMC Last PR Releases Last Month.
- Valley High Mining Provides Shareholder Update on New Management and Expansion Plans
SILVER SPRING, MD / ACCESSWIRE / January 28, 2016 / VALLEY HIGH MINING COMPANY (OTC PINK: $VHMC) today announces the following corporate update for our shareholders. The Company has recently filed a change in management and a transfer of control of the Company following a review of the prior years' progress in expanding the business and increasing shareholder value. Following the appointment of our Interim CEO, management is diligently working to undertake necessary corporate actions, review the current business model and market environment, and explore new business opportunities.
Necessary steps have already been taken to ensure the Company is in good standing with the State of Nevada, updates to the Company's profile information on OTC Markets are in process, and information is being gathered and preparations are being made to review the prior years' corporate actions and prepare for our 10-K.
The current business model of the Company, sustainable mobile growing centers, is being evaluated for its merit in today's marketplace and the requirements for moving forward in a sustainable manner. The Company also recognizes the mixed messaging given with our current business model versus our name and we are working to bring clarity to the market with a concise platform. With the overall business under review, we are taking the time to extend our due-diligence and have identified potential merger or acquisition opportunities in the nutraceutical space that already have a foothold and name recognition in their respective industry.
Of paramount importance, we are working with current shareholders and debt holders to formulate a cohesive plan to move the company forward in a positive direction. At the forefront of these discussions is to maximum shareholder value, stabilize our trading volumes, and increase our share price.
"This is the first of a series of constant shareholder updates to come as we move the company forward and explore opportunities that will put us in a better position in 2016 and beyond," states Interim CEO Clifford Pope.
About VALLEY HIGH MINING COMPANY
Valley High Mining Co. / Unique Growing Group, Inc. is a manufacturing and consulting company that provides turnkey solutions to the natural/organic food industry and the emerging cannabis sector. The Company has developed proprietary Enviro-Pods that incorporate cutting edge hydroponic grow systems with intelligent greenhouse lighting, and ancillary horticulture support apparatus. These Enviro-Pods provide growers with a comprehensive clean-room environment to maximize the quality and quantity of their crop output. The Company likens their Enviro-Pod business model for growers to that of the executive suite concept for small businesses, leveraging the economies of scale to mitigate the financial barriers of entry for novice or experienced growers.
For further information please visit: http://www.uniquegrowingsolutions.com
Contact:
VHMC.information@gmail.com
301-202-7762
$GMUI close .145 - this one is just getting started. Should see .20+ very soon!
$GMUI has $26,000 bidder @ .13
#pennystocks #gold #investing #stockmarket #daytrading
$GMUI .1399 up and she's thin - breakout is imminent!
$GEAR buying opportunity? Maybe... maybe not.
$GMUI only 15k @ .115 - breaking resistance at .12 today for sure!
$GMUI +3.0% @ .103 cents - accumulation continues. Onward to .25+
$GMUI is about to take off in a big way. Hope you can get some!
~ MJMJ = I Alerted @ .0002/3's!
...Always Bet on an OTC with a Rev$ Increase!!
12/22/2015
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119353965&txt2find=Revs
$GEAR looking good for a double bottom bounce here going into the coming weeks.
Happy New Year everyone. Hope people enjoyed their holiday season. Felt like
it was never going to end. We made it though! OTC season is upon us and it's time
to make some money!
OTC Market Totals
9,866
Securities
$125.5M
Dollar Volume
1.1B
Share Volume
17,642
Trades
$GEAR
0.001 | +0.0001 (+11.11%) | 0.0008 x 625,000 | 0.001 x 1,424,300 | 0.0009 - .001 | 1,710,000
$GNPT .0015 - UPDATED DD ..
http://www.greenparts.com
GreenParts is a solid, well established company in the same industry with the same CEO for almost 15 years…
No history of R/S… with very tight Share Structure..
growing organically through the years..
Growing revenue from $500k to $15mln in 2013!
Current Share Structure per TA:
FLOAT: 163,310,482 as of 11/30/15
OS : 207,043,586 as of 11/30/15
AS : 1B
Annual Sales 2013 = $15mln
Annual Sales 2014 = $13mln
Sales Q1 2015= $2mln
Sales Q2 2015= $2.7mln
Sales Q3 2015= $1.9mln (positive net income $246k)
Until June 2015 there were only two main revenue streams: Auto Parts and Scrap Metal.
However CEO has been hard at work looking into more opportunities.
Company added Clothes Recycling in June 2015.
Also created partnership with SAH Global for concrete recycling in July 2015 and a month later GNPT already delivered first shipment worth $150k.
The most recent addition was creating a partnership with South Korea for providing oil recycling per PR in August 2015.
CEO has been running this company for 15 years and is very committed.
CEO took over a company debt:
During the year ended December 31, 2014, the Company was relieved of liabilities from loans to Piedmont bank. This debt ($2,227,939) was assumed by Asif Balagamwala (CEO) and the Company did not have to repay the loan. Therefore a related party liability was recorded at that time.
NEWS 11/16/15 - Green Parts International Returns To Profitability In Third Quarter
ATLANTA, GA / ACCESSWIRE / November 16, 2015 / Green Parts International, Inc. (OTCPINK: GNPT) reports third quarter profitability and year over year quarterly improvement in their 10Q just filed. The company posted net quarterly income of $245,621 compared with a ($254,009) loss for the same period in 2014. The results also show a sequential improvement over the ($163,914) loss of the quarter ending June 2015.
Chief Executive officer Asif Balagamwala stated, "It's no secret that our industry is suffering through a tough phase, and we certainly are not immune to the effects. Falling commodity prices have resulted in a decline of revenue. A shortfall in available capital for us to purchase sufficient raw material for consistent processing and sales compounded by the metals industry conditions of recent years (most notably the fifty percent decline in commodity prices since 2011) caused us to use convertible methods of funding preparing the way back to profitability. I'm gratified and encouraged that our cost reduction and increased efficiency actions are showing the desired results and will facilitate more economical and conventional financing. To that point, despite our efforts to negotiate an early retirement of some near term notes, we have received notifications of three conversion requests, each representing less than ten percent of their outstanding balance. I'm continuing to work diligently to retire or extend the balance of these notes until suitable long term funding is in place."
Mr. Balagamwala added, "I'm confident that by divesting unproductive assets and inventory, coupled with our ongoing refinancing plan, that Green Parts will continue to successfully execute its strategic plan to grow our new diversified verticals, acquire profitable operations and return to growth."
http://finance.yahoo.com/news/green-parts-international-returns-profitability-224500346.html
NEWS 8/20/15 - GreenParts International Signs Recycled Oil Export Agreement With South Korean Partner; Global Exports Thriving
'Chief Executive Officer Asif Balagamwala stated, "I'm extremely encouraged by our expanding relationship with our global partners. We just recently signed a term sheet to provide recycled oil to our South Korean partner and we have already begun to implement the first order and see this as not only a growing business but are delighted to fulfill part of our mission statement of creating a better global environment'
"In addition we have delivered on approximately 150 thousand dollars of our first shipment to SAH Global for our previously announced concrete recycling agreement. In both cases we see growth and very good margins in these new ventures."
"It is a major component of GreenParts Internationals' strategic five-year plan to diversify our business and be less dependent on metal recycling. I'm very excited about our new oil and concrete recycling ventures as well as other opportunities that are forthcoming. More details regarding all our new areas of business will be coming soon."
MORE NEW AREAS OF BUSINESS WILL BE COMING SOOOOON!!!
Whole article:
http://www.prnewswire.com/news-releases/greenparts-international-signs-recycled-oil-export-agreement-with-south-korean-partner-global-exports-thriving-300131326.html
NEWS 08/19/2015 GreenParts International Announces Sequential Second Quarter 2015 Growth
ATLANTA, Aug. 19, 2015 /PRNewswire/ -- GreenParts International (OTC: GNPT), a metal and textile recycling company, with multiple locations in Atlanta, Georgia, has released its second quarter results and statements from its CEO regarding a strategic funding partner and significant growth in operating performance sequentially.
The company's second quarter results reflected benefits from the cost reduction plan that was implemented the previous quarter, which has advanced operating performance. The company reduced expenses progressively by 30% and saw revenues grow by nearly 35%, while gross margins returned closer to the company's historical average. As a result, before interest and depreciation, the company was profitable for the quarter.
"Our commitment to deliver on a broad range of cost savings and production initiatives has helped us improve our performance and endure the steep declines in ferrous metal prices, which still are down 30% from the prior year," said Asif Balgamwala, President and Chief Executive Officer. He added, "We are still recovering from the industry decline which has impaired shipments well into the second quarter and adversely altered our ratio of inventory cost to selling price. Additionally, we assumed new debt to take advantage of the opportunities, not only in cheaper inventory, but, most importantly, to execute on our developing new divisions. We expect the benefits from these efforts, combined with more stable market conditions, to provide further improvements in our operations. News about GreenParts International's continued progress and new endeavors will be forthcoming shortly. In addition, we are very fortunate to have finalized an arrangement with a local investment group to replace that debt before its term at equity valuations above our current market capitalization and will release details as soon, as appropriate. Furthermore, we have retained counsel to assist in the negotiations of our larger creditors, which is a crucial part of our strategic plan to reduce and replace our debt structure."
In closing, the CEO stated, "It has been a very challenging 12 months in our industry, however, we are very focused on furthering the implementation of our strategic plan, focusing on cost reduction and efficiencies gained from joint ventures and acquisitions, as well as, an intense focus on new verticals under the GreenParts International Logo. We are determined to execute and increase shareholder value, as well as ensure longevity for GreenParts International and its employees."
Whole Article:
http://www.prnewswire.com/news-releases/greenparts-international-announces-sequential-second-quarter-2015-growth-300131011.html
NEWS 07/17/2015 GreenParts International Expands Global Efforts
ATLANTA, July 17, 2015 /PRNewswire/ -- GreenParts International, (OTC: GNPT) a recycling company with multiple locations in Atlanta, Georgia has released a statement from its CEO regarding the company's efforts to leverage its multinational partners and expand its business globally.
Chief Executive Officer Asif Balagamwala stated, "I recently traveled to the Middle East Region for a couple weeks and I'm very encouraged by the progress that I made with our potential partners. ….. .. we have committed to allocate funding to explore our global capabilities and to seize what I believe to be some incredible opportunities." The CEO continued," One such opportunity is in the concrete recycling and cement import business to not only the United States, but developing countries as well. I feel with our partner SAH Global we can be competitive in this industry and potentially add several million dollars in revenue to GreenParts in our first full 12 months of production. As the details unfold I will be releasing more information regarding the industry and the positive impact I expect this endeavor will have on GreenParts and its shareholders." Mr. Balagamwala went on to say, "We are in the very early stage of this opportunity, but this is potentially the first of what I hope to be many new international ventures
The CEO concluded, "As I finished my stay I worked diligently contacting other partners to expand not only our core recycling operation but to initiate other components of our strategic plan such as green energy ventures and the restructuring of our debt. We have had to use convertible debt financing in the past, and to my knowledge the positions reported in the 10q by JMJ, LG, and Asher have been completely converted …. It is a key part of our strategic plan to replace our creditors with a more favorable lender, or even an equity partner, which will allow the company to continue to invest in some of the incredible opportunities, we have in our recently developed Scrap Management and Textile Recycling divisions as well as our renewed efforts to expand globally. ..
Whole article:
http://www.prnewswire.com/news-releases/greenparts-international-expands-global-efforts-300114996.html
NEWS 06/05/2015 GreenParts International Announces Two Major Additions
ATLANTA, June 5, 2015 /PRNewswire/ -- GreenParts International, (OTC: GNPT) a metal recycling company with multiple locations in Atlanta, Georgia has announced the latest implementations of its five year strategic plan.
Chief Executive Officer Asif Balagamwala stated,"We are very excited to announce the formalization of our scrap-management consulting division and our textiles recycling division."
The CEO continued, "We recently agreed, in principle, with a Georgia exporter of recycled clothing to a deal that has the potential to generate up to One Hundred and Fifty Thousand Dollars in income over and beyond the next twelve months. We anticipate this to be the first of many, as we are working on several other textile recycling partnerships."
In regards to the newly created Scrap Management division, the CEO stated, "Throughout our history, we have purchased material from mills and other scrap producers, as well as countless foot traffic from individuals and individual contractors. While we haven't always been able to allocate the capital to actively pursue the scrap generators and metal consumers as aggressively as we would have liked, we feel the dedication that we have to our new Scrap Management division will change that and produce significant results." Mr. Balagamwala continued, "We continually invest in our systems and equipment, in order to maximize cost efficiencies and to maintain the highest quality of products. The shredding system is one of the most efficient ways to process metal. Our recent updates are paying off and allowing us to be more aggressive in our outside dealer to dealer sales."
The company noted that the goal of the scrap management division was not just to buy more product, but to create long term partners with scrap generators through its value-added consulting services. GreenParts Scrap Metal Management team feels it can help any facility in any industry become more efficient in the way it handles and disposes of its scrap. Specific targets are processors, mills and foundries, as well as, wire and cable producers and other auto salvage dealers.
Whole article:
http://www.prnewswire.com/news-releases/greenparts-international-announces-two-major-additions-300094755.html
NEWS 05/26/2015 GreenParts International's Strategic Planning Gains Traction
ATLANTA, May 26, 2015 /PRNewswire/ -- GreenParts International, (OTCBB "GNPT") a metals recycling company with multiple locations in Atlanta, Georgia, is nearing completion of its strategic planning process and anticipates implementation of a new five-year plan in the early part of the 3rd quarter.
The GreenParts comprehensive strategic planning process has been a priority for recent quarters. GreenParts CEO Asif Balagmwala stated, "It is exciting to note that the strategic planning process has caused us to identify and begin taking advantage of a variety of unique opportunities and relationships that will be generating new revenue."
An integral component of the strategic plan is a comprehensive review of GreenParts core operations as well as its global operations and partners. The implementation of this plan is intended to significantly improve operational performance and ultimately enhance earnings and shareholder value.
Balagmwala added, "Each quarter of the strategic plan is designed to provide short-term guidance and progress toward achievement of our long-term goals. While we are extremely focused on streamlining our debt, we are simultaneously committed to expanding our business verticals. As an example of a "vertical" GreenParts, together with a key international partner, and with essentially no resource diversion, proudly announces launch of our new clothing recycling project. We are particularly excited about this arena because it's a new revenue stream and also because of the additional exposure to other multinational markets and alliance opportunities."
The plan also identifies and prioritizes added new opportunities in several distinct markets as: electronics recycling, a renewed focus on scrap metal management, and boutique catering to both scrap metal generators and metal consumers. The company will be releasing more information regarding these opportunities in the coming weeks. "Any strategic plan has to be cognizant of the past, but at the same time very focused on the future. This is a very exciting time in our company's history, and through this plan we are putting a laser focus on optimizing our asset's, streamlining our operation, as well capitalizing on our enormous potential for growth. It is my personal obligation, and mission to make GreenParts International an innovator, and leader in the recycling industry," the Chief Executive Officer concluded.
Whole Article:
http://www.prnewswire.com/news-releases/greenparts-internationals-strategic-planning-gains-traction-300088643.html
NEWS 05/19/2015 GreenParts Int. Files 10Q.
ATLANTA, May 19, 2015 /PRNewswire/ -- GreenParts International today announced first quarter 2015 results.
"The first quarter 2015 market environment was extremely challenging for the steel and metals recycling industry," said Asif Balagamwala, Chief Executive Officer.
"We strongly feel that the reduction in both steel and scrap prices, combined with strength in domestic steel consumption from industries such as construction, manufacturing, and automotive should support a stronger domestic steel industry later this year. Given that domestic steel prices have come down, we believe the levels of imported steel will decline. In addition, sustainable lower raw material costs and increased orders as customers' inventory excess reduces, will allow our customers to not only increase their order volume with us, but allow for much better guidance and continuity. Obviously, this will have a very positive impact on GreenParts," continued Balagamwala.
The Company's recycling operation recorded a loss for the first quarter 2015, based on lower metal spread caused by decreasing Ferrous prices that dropped as much as 30% in February, as well as reduced shipments due to lower domestic steel mill utilization. The company expects volume and margins to increase throughout 2015, as steel mill utilization is expected to improve and scrap price volatility to subside.
Whole article:
http://www.prnewswire.com/news-releases/greenparts-int-files-10q-300085857.html
NEWS 04/22/2015 Greenparts International Reports Current Progress
ATLANTA, GA / ACCESSWIRE / April 22, 2015 / Greenparts International, (GNPT) a metals recycling company with multiple locations in Atlanta Georgia, has published its 10K along with information on current market conditions.
Greenparts President/CEO Asif Balagamwala commented on the company's 2014 results and market conditions stating, "We are pleased that we were able to successfully deal with 2014's precipitous ferrous scrap prices drop to the lowest levels since 2008. Last year's lower prices were created by excess global steel production, lower iron ore prices and weaker demand." Mr. Balagamwala added "We generated positive cash flow from operations in spite of this market deterioration and more importantly, we invested heavily into our infrastructure for the future. Specifically at our main location, we conducted a major reorganization during 2014 Q 1 of 2015 redesigning our production lines to facilitate greater efficiency and timely order fulfillment. Additionally we invested a significant amount of money and time to renovate our primary shredder, at a cost of a month and a half of production. This was necessary to maximize the use of the shredder in the current competitive market. The equipment upgrades and the production reorganization will create material, sustainable improvements to our bottom line."
As to current market conditions Mr. Balagamwala stated "While prices are lower than last year at this time we are seeing a stabilization in both prices and demand."
In closing the CEO addressed debt cost and new ventures. "In an effort to continue our rapid growth and recovery from 2014 forward we took on some aggressive debt cost that combined with unforeseen events impacted our bottom line. While operationally strong this debt cost proved to be a heavy burden. We are excited to be working with some quality partners to address and alleviate this issue, and combined with other strategic actions underway are looking forward to cost reductions and a return to growth through 2016 and beyond. In regards to new ventures, we are very fortunate to have some international partners that are increasing their participation with us and domestic opportunities, as well as developing new verticals from our core business. We not only anticipate, but are very much looking forward to releasing information regarding these partnerships in the near future."
Whole Article:
http://finance.yahoo.com/news/greenparts-international-reports-current-progress-165500347.html
GNPT secured a credit line of $10mln last year..
Miami, Florida – TCA Global Master Credit Fund Group (“TCA”), a fund specializing in senior secured lending and advisory services, announces the closing of a $10 Million USD Line of Credit with Green Parts International, Inc. (OTC: GNPT)
http://tcaglobalfund.com/tca-closes-10-mm-line-credit-green-parts-international-inc/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118962289
Doing some digging - liking what I see so far. Thanks!
Also ADMD just met with CyberKnife Cancer Treatment so their radiogel product can also work in the pet cancer markets!!!!!
The animal testing for FDA approval is for human testing and market.
http://investorshub.advfn.com/Advanced-Medical-Isotope-Corporation-ADMD-6924/
https://twitter.com/isotopeworld
http://vetcyberknife.com/
Very soon. PHASE I animal studies complete. PHASE II currently underway. Stay tuned for more progress and updates coming soon.
https://twitter.com/isotopeworld
http://www.businesswire.com/news/home/20151117005784/en/Advanced-Medical-Isotope-Corporation-Reports-Progress-Seeking
GLTY!!!! ADMD$$$$$$$$$$$
When is the approval expected? Also, I don't see a lot of insider buys... I see a lot of insiders
exercising warrants. That could be good or bad. A lot of shares being converted.
Here's why it is so warm on the East Coast
There may not be a white Christmas in New York City this year, and no, it's probably not because of El Nino.
The temperature in New York City was around 61 degrees on Thursday. Chicago temperatures were around 57 degrees. Boston was about 55 degrees.
Warmer weather in the Northeast is sometimes seen with a strong El Nino pattern, such as the one that's happening now. But at least one meteorologist said something else is more likely the reason the coats and gloves are gathering moths right now.
The warmth seen in the Northeast and such normally cold cities as Chicago is "really associated with the strengthened polar vortex," said Mike Halpert, deputy director of the Climate Prediction Center at the National Weather Service.
"I would not associate the lack of snow in Buffalo with El Nino," Halpert said on a call with reporters on Thurdsay. "It is much more likely the Arctic Oscillation."
http://www.cnbc.com/2015/12/10/heres-why-it-is-so-warm-on-the-east-coast.html
Arnold: Half of US energy industry may go under
John Arnold, the legendary energy trader formerly of the hedge fund Centaurus Advisors, expects half of the U.S. energy industry to go bankrupt next year if the price of oil does not rebound.
Either way, bankruptcies among the industry will pick up as OPEC maintains production levels and as energy companies lose the ability to keep hedging against falling prices, he said.
Arnold first alluded to this prediction in a tweet Tuesday:
http://www.cnbc.com/2015/12/10/arnold-half-of-us-energy-industry-may-go-under.html
$GEAR with volume on news... PR blitz coming.
This smart car seems to have tattled on its driver
A Florida woman was reportedly arrested and placed into custody last week, after her car implicated her in at least one alleged hit-and-run incident.
You read that right.
According to reports from Chicago's ABC7 and ABC25 in West Palm Beach, Fla., a car driven by 57-year-old Cathy Bernstein automatically called 911 to report a crash. The call was part of a safety feature designed to help first responders locate people who may have lost consciousness in crashes. That seems to have given dispatchers all the information they needed to pinpoint the location of the vehicle — and find the alleged hit-and-run driver — without ever having to talk to a person. In fact, talking to a person didn't help at all: in an audio clip of a 911 call obtained by the Florida station, Bernstein denied to a skeptical dispatcher that there even been any accident at all.
https://www.washingtonpost.com/news/the-switch/wp/2015/12/07/this-smart-car-seems-to-have-tattled-on-its-driver/
Alaska governor proposes first income tax in 35 years
Alaska Gov. Bill Walker is proposing instituting a personal income tax for the first time in 35 years as the oil-dependent state looks to plug a multibillion-dollar budget deficit amid chronically low prices.
In laying out his budget plan Wednesday, Walker also proposed using the fund that provides annual checks to most Alaskans to generate a stream of cash to help finance state government. The plan would change how dividends are calculated and mean lower checks, at least initially -- with 2016 payouts about $1,000 less than this year's.
Alaska isn't alone among oil-producing states to experience hard times as oil prices stay low. But unlike states like Texas or Louisiana, Alaska has few other industries to make up the difference.
http://www.cnbc.com/2015/12/09/alaska-governor-proposes-first-income-tax-in-35-years.html?utm_medium=twitter&utm_source=twitterfeed
'Historically strong' wage growth bad news for stocks?
Wages look to be on the rise, and unfortunately for some companies, that means their labor costs are rising, too.
On Wednesday, the National Federation of Independent Business reported that the net percentage of firms planning to raise worker compensation increased to 20 percent, which it called a "historically strong" number in the most recent economic recovery.
According to Deutsche Bank's Joseph LaVorgna, this data point generally leads the employment cost index (ECI) for private industry workers. As the percentage of firms planning to raise compensation goes up, that should indicate a "sharp acceleration in labor costs."
"A regression of the ECI on NFIB compensation plans tells us that the growth rate of the former should pick up dramatically over the next few quarters," LaVorgna wrote in a Wednesday note. "Clearly then, the NFIB is pointing to stronger wage pressure."
http://www.cnbc.com/2015/12/09/historically-strong-wage-growth-bad-news-for-stocks.html
Someone Will Eventually Use CRISPR to Try to Make a Dragon or Unicorn
The world's top geneticists decided to spend the vast majority of last week discussing how to keep new genetic editing tools from ultimately destroying the human race. A noble goal, sure. But considerably less time has been spent discussing how genetically editing other species might change the idea of "nature" as we know it.
A future where the gene editing technique CRISPR/Cas9 is used by DIY biologists, genetic engineering startups, and even artists create fanciful organisms straight out of sci-fi is not just possible—it's likely, argue two of the country's top bioethicists.
"Why should we not expect dwarf elephants, giant guinea pigs, or genetically tamed tigers?" Hank Greely of Stanford School of Medicine and Alta Charo of the University of Wisconsin School of Medicine write in the essay “CRISPR Critters and CRISPR Cracks.” "Or—dare we wonder—the billionaire who decides to give his 12-year-old daughter a real unicorn for her birthday?"
http://motherboard.vice.com/en_ca/read/someone-will-eventually-use-crispr-to-try-to-make-a-dragon-or-unicorn
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