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All in all judging by the last 15 minutes on Friday, I think we got a runner here.
I still have a ton of respect for moneymade ; however personally I think we have a winner here! We shall find out Monday how amazing this gem is!
Is John the CEO of Black Mesa Holdings Inc. ? I don't think He is.
VCLD
I think the two facts I posted is enough DD IMO! It's hard facts and they are HUGE!!
VCLD Black Mesa Holdings Inc
Are you saying vcld filed reinstatement in june and amendent on Sep 4 because of system error?
I dont buy it at all.
Umm real DD lets see
NVSOS filing - name change FACT
SEC Filing listing all subsidiaries of ONEOK listing the NVSOS name change showing Black Mesa Holdings Inc as a subsidiary of a NYSE $70 company FACT
WHAT BS ???
VCLD BOOMSKI Monday IMO
I will buy for the speculation....BUT SHARES CAN GO TO GREY SHEETS OR GET CANCELLED IF THE COMPANY SAYS THEY'RE WORTHLESS.
WHICH I BELIEVE THEY ARE.
MONDAY SOMEONE FROM THE COMPANY SHOULD BE ABLE TO CLARIFY.
This is not speculation! SEC File of ONEOK which trades on the NYSE $70!!!! Scroll down and look for
Black Mesa Holdings Inc
http://www.sec.gov/Archives/edgar/data/1039684/000119312508040037/dex21.htm
So why a name change? A lot f speculation but the possibilities of why a $70 NYSE company wants to do with VCLD shell???
Share Structure is awesome here!
Expecting PR Monday IMO
VCLD
GO VCLD
So it's all speculation, you think it's risky, I think it will be a nice play...time will tell.
They filed form 15 so they didn't have to file....WE WILL NEVER KNOW.
Yup!! HP spun off Agilent and started trading @ $30
Aren't spin-offs where the company believes that that particular part of the business is worth more as an independent entity than as being part of the larger business? Don't they do spin-offs so they can focus on other parts of the company where they believe there is more growth potential? Perhaps there is more to VCLD than we think...
?These transactions also create value to shareholders. The reasons of the wealth creation might be the same as in the case of an equity-carve-out. The difference is that the parent firm does not receive financing in the transaction.
3.?Asset sell-offs:
The subsidiary is sold to a third party, so no new firm is created, and the parent firm receives cash in the transaction.
?Asset sell-offs also create value to shareholders of the parent firm (the selling part in the transaction). Because no independent firm is created the sources of value are different from those of spin-offs and equity carve outs.
The three types of transaction (spin-offs, equity carve outs and asset sell-offs) should negatively affect the parent and subsidiary rival firms.
If you think about these transactions as financing alternatives to equity issuances, how would you justify the selection of one of these transactions?
In an equity carve-out, the firm is issuing equity in a subsidiary, instead of issuing in the parent firm. This can be justified if managers believe that the parent firms stock is undervalued, and the subsidiary is overvalued. If this is the case, the equity carve out should convey good news to the parent firm and bad news to the subsidiary. Empirical studies show a positive reaction to the parent firm and a negative reaction to rivals of the subsidiary firm. These results are consistent with the view by managers that the parent firm is undervalued and the industry in which the subsidiary operates is overvalued. ?These empirical findings suggest that equity carve-outs can be regarded as a substitute to equity financing.
A spin-off involves no cash exchange and the wealth implications to rival firms should be different.
Finally, the cash originated in an asset sell-offs can be regarded as the avoidance to issue public equity. The sale is a private transaction and the gains might be derived from the avoidance of negative implications of issuing public equity.
The empirical evidence indicates that rivals of subsidiaries of equity-carve outs experience a loss of wealth at the announcement of the equity-carve out. However, rivals of spin-offs experience positive returns, and there is no significant gains or losses of units that have been sold in an asset sell-offs.
?2.?Spin-offs:
Spin- offs are similar to equity carve-outs in that they involve an equity issuance and a new firm is created. However, the parent firm does not receive cash in the transaction because the new shares are distributed to the existing shareholders as a pro rata dividend. This implies that the shareholders of the new independent firm will be the same as the shareholder of the parent firm (this is not the case in equity-carve-outs). These are usually tax-free transactions (if the parent firm distributes at least 80% of the shares of the subsidiary), thus the parent firm does not control the subsidiary being spun-off.
?These transactions also create value to shareholders. The reasons of the wealth creation might be the same as in the case of an equity-carve-out. The difference is that the parent firm does not receive financing in the transaction.
https://faculty.unlv.edu/mantecon/Fin405/Divestitures.doc
company spin off its asset? Legally the asset still belongs to the shareholder even if it is spin-off.
Are you trying to hint that VCLD management steals asset from our shareholders?
All of the assets are gone...How or why would a NYSE want this particular shell.
Hey....Monday we should know or have clearer idea
877-711-6492 extension 101 John (CEO)
IT IS NOT A BUYOUT.....DATATEC BOUGHT THE FORMER ASSETS THAT ONCE BELONGED TO VCLD IN 2012.
IF YOU DON'T BELIEVE ME...ASK VCLDS FORMER CEO
WHO NOW WORKS FOR DATATEC. 877-711-6492 extension 101
Like I said I am already in...do you think that it could be merging with the NYSE company? Is that completely out of the question. Never heard of a nvsos error...just saying.
We know the following: CEO spun off the real assets. He quit his job with VCLD and is now working for the company that bought VCLD's former assets.
As far as the name change....I'm leaning towards a NVSOS error.
Since this company in question already belongs to A NYSE company that's $70/share.
I would pound on John-Former CEO, or someone from VCLD first thing on Monday morning before buying. HIS EMAIL:
john.mccawley@verecloud.com
877-711-6492 extension 101
Share structure is awesome!! $12 Milly buyout into 80 mil OS is .15
Awesome! NYSE merger?? VCLD $$$ land
So bottom line is we don't know what the fvck is going on....
Are you seeing the following: "Company Overview"
Black Mesa Holdings, Inc. operates as a subsidiary of ONEOK Partners Intermediate Limited Partnership
I have seen things to and made statements of things I be seen lol
Oh I have seen NVSOS screw things up on more than one occasion.
I m seeing Mesa Pipeline by ONEOK
VCLD
NVSOS is not fake so it is a name change
VCLD
As they should....OKE IS $70/SH Did you read where OKE OWNS BLACK MESA HOLDINGS INC????
SO WHATS THE DEAL WITH THE NAME CHANGE??? IF IN FACT THERE IS A NAME CHANGE???
ONEOK has different CIK #
Taken from 10q
Company: ONEOK INC /NEW/ (OKE)
Form Type: 10-Q
Filing Date: 8/6/2014
CIK: 0001039684
Address: 100 WEST 5TH ST
City, State, Zip: TULSA, Oklahoma 74103
Telephone: (918) 588-7000
Fiscal Year: 12/31
VCLD buyout by Datatec? Their stock Trades at 307 pence which is $5 !!
*********DD--PART3: GET THIS! SOMETHING SMELLS...OR CONFIRMATION**********
Westcon Group has acquired Verecloud as the company looks to create its own Cloud Solutions Practice.
Dolph Westerbos, chief executive officer of Westcon Group
Westcon Group has gone full-throttle into the cloud services space, acquiring cloud services provider Verecloud, the distributor announced. Verecloud will form the foundation of
Westcon's Cloud Solutions Practice, which will be led by former Verecloud CEO John McCawley.
The new Cloud Solutions Practice aims to help resellers and solution providers profit from new value-added services and add professional services and technical expertise to their cloud practices, according to the distributor.
“Westcon Group and Verecloud have been working together during the past 18 months and co-developed a truly differentiated cloud go-to-market capability for the channel,” said Dolph Westerbos, chief executive officer of Westcon Group, in a statement. “Channel innovation is core to our business, and ownership of our digital distribution platform allows us to bring differentiated, exclusive solutions to the channel without relying on third-party software development."
The new Westcon Group cloud and services distribution platform will include a cloud and service offering catalogue with bundled and standalone offers, as well as solution bundling, multi-tier cloud syndication and white labelled and reseller-branded web stores. Westcon also plans to offer customers automated services delivery lifecycle services and channel enablement services to help resellers manage their businesses.
Finally, Westcon Group will work to develop a series of operational support services and billing support services for its VAR partners. Offers will include billing as a service, up- and cross-selling opportunities, marketing and campaign management services and return on investment analysis, among others.
“Cloud solutions have become particularly intricate,” said McCawley. “That’s why our mission is to provide a single source for technology resellers and their customers to discover, buy, monitor and manage their cloud services ecosystem.”
*********DD--PART2: ORIGINAL DEREGISTRATION NOTICE************
DEREGISTRATION DOES NOT MEAN SHARES WERE CANCELLED. SO AGAIN THE QUESTION BECOMES HOW DID THE MOST VALUABLE ASSET OF VERECLOUD MAGICALLY WALK AWAY FROM THE COMPANY'S SHAREHOLDERS....
Verecloud Announces SEC Deregistration ENGLEWOOD, CO--(Marketwire - February 13, 2012) - Verecloud, Inc. (OTCBB: VCLD) today announced its decision to withdraw the registration of its stock with the Securities and Exchange Commission (the "SEC"). The Company intends to file a Form 15 with the SEC...
WDM Group PR Network 14 FEB 2012 WDM Group PR Network
ENGLEWOOD, CO--(Marketwire - February 13, 2012) - Verecloud, Inc. (OTCBB: VCLD) today announced its decision to withdraw the registration of its stock with the Securities and Exchange Commission (the "SEC"). The Company intends to file a Form 15 with the SEC to voluntarily deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), on or about February 13, 2012. As a result of the filing of the Form 15, the Company's obligation to file certain reports and forms with the SEC, including Forms 10-K, 10-Q, and 8-K, will cease. Other filing requirements will terminate upon the effectiveness of the deregistration, which is expected to occur 90 days after the filing of the Form 15.
The decision to deregister was made by the Company's board of directors after careful consideration of the advantages and disadvantages of being an SEC reporting company. The Company's board of directors considered many factors in making this decision, including the following:
the costs, both direct and indirect, associated with the preparation and filing of the Company's periodic reports with the SEC;
the costs and burden associated with complying with the Sarbanes-Oxley Act of 2002;
the additional demands placed on management and Company personnel to comply with requirements required of registrants;
the historically low stock price of the Company's common stock;
the nature and extent of the trading in the Company's common stock; and
the current level of analyst coverage and minimal liquidity for the Company's common stock.
The board of directors decided that the Company should deregister with the SEC as it believes that the savings that will benefit the Company's shareholders outweigh any advantages of continuing as an SEC registered company. Without the annual accounting expenses, legal costs, and administrative burden relating to SEC reporting obligations and compliance with the Sarbanes-Oxley Act, the Company will be able to significantly reduce its costs and better focus on the day-to-day operations of its business, thereby delivering long-term shareholder value.
The Company will notify the OTC Bulletin Board of its decision to terminate its reporting obligations. As a result, the Company's shares will not continue to be quoted on the OTC Bulletin Board. The Company anticipates that its shares will be quoted on the Pink OTC Markets Inc. quotation service. For more information about this service, please see www.pinksheets.com. Once on the Pink Sheets, the Company intends to continue to make available periodic financial information.
A notice about the Company's deregistration will be available on its website at www.verecloud.com.
About Verecloud
Like most new technology innovations, the cloud has become the Wild West of the Web. Verecloud's® mission is to provide SMBs with a single place to discover, buy, and manage their cloud services. After originally building a cloud integration and marketplace platform for the telecommunications industry, Verecloud® shifted focus and launched the platform as Cloudwrangler™ on August 2, 2011. Cloudwrangler™ is a marketplace of best of breed cloud services integrated into a single experience, for easy use and management with one monthly invoice and one technical support contact. Acting as a cloud service brokerage, Cloudwrangler™ gives businesses total access and control of all their cloud applications from one portal. For more information on Verecloud®, please visit www.verecloud.com
*********DD:PART1--So here's the part of the business sold:********
Verecloud created a cloud subsidiary called "CLOUDWRANGLER"
and spun this part of the business off.
This business only "CLOUDWRANGLER" was sold to Weston Group on Sept4,2014 for $12M
Source: http://www.crn.com/news/channel-programs/300073909/westcon-acquires-cloud-distribution-platform-developer-verecloud.htm
SO THE QUESTION NOW BECOMES....FOR THE LIFE OF ME WHY DOE THE PR STATE
* Westcon acquires cloud services business Verecloud
* Acquired assets of U.S.-based Verecloud for 12 million
I have link to confirm number 1.
$12M assets were sold.
(Will post link linking this when I have all satisfactory evidence)
The officers are still old ones. Not sure if any more filings will be out next week for officer change. Now, we pretty much have three possible leads
1. Bought out by Datatec
2. Merger with Black Mesa Holdings
3. Nothing really happens, just website typo; lol
We will see market reaction next week. Like I said, good chance to go big from here. At least, putting money down here is better than buying those diluting scam out there in pink. agree?
It's not as simple as going to sleep...work for your meal ticket man.
I just posted a link that supports your case.
A similar spinoff was done recently new symbol is "OGS"
Now the question becomes if BMH-inc is the same ONEOK Subsidiary
are there officers named in the registration from ONEOK.
Are there ties with VCLD and ONEOK?
http://eaglefordtexas.com/news/id/1011/oneok-inc-sets-spinoff-one-gas-jan-31/
Surely some vote or notation must be in OneOk's filings
I see that ONEOK has several spinoffs in the past: Which means it is possible
ONEOK Inc. sets spinoff of ONE Gas for Jan. 31
Posted by: Anthony Rome in Business, Eagle Ford News, Oil January 9,
ONEOK Inc. will spin off its natural gas distribution business ONE Gas Inc. at the end of this month, according to a plan approved Wednesday by ONEOK’s board of directors.
The Tulsa-based natural gas and natural gas liquids gathering and transport company said the transaction to create ONE Gas will close Jan. 31, when shares of the new company are distributed to ONEOK stockholders.
ONE Gas will consist of three regional natural gas utilities including Oklahoma Natural Gas, Kansas Gas Service and Texas Gas Service.
Tulsa financial adviser Jake Dollarhide said the spinoff could create opportunities for shareholders that want a more specific investment vehicle.
“When you have a bullish stock market, I think management teams and boards of directors are under pressure to maximize shareholder value,” said Dollarhide, CEO of Longbow Asset Management Co. “Some people want a pure natural gas company and others want to invest in a utility.”
Dollarhide’s assessment concurs with statements made by John Gibson, CEO of ONEOK Inc. and ONEOK Partners LP, when the separation plan was announced in July.
“We believe this plan will enhance the strategic and financial strength and flexibility along with the growth potential of ONEOK, our master limited partnership ONEOK Partners and ONE Gas,” Gibson said. “This transaction is expected to allow our capital investments and corporate resources to be allocated in a manner more aligned with each company’s independent strategic priorities.”
Gibson, who has run ONEOK and ONEOK Partners for seven years, will retire when the spinoff occurs. He is staying on as the non-executive chairman of all three companies.
As previously announced, ONEOK Inc. President Terry Spencer is taking over as CEO and president of ONEOK and ONEOK Partners, while Pierce Norton will be president and CEO of ONE Gas. Norton is currently executive vice president-commercial for ONEOK and ONEOK Partners.
ONEOK Inc. is the parent company of ONEOK Partners, the natural gas gathering, processing, storing and transporting segment.
Shares of ONE Gas will be given to ONEOK shareholders of record as of Jan. 21. ONEOK shareholders will receive one share of ONE Gas for every four shares of ONEOK they own. Fractional shares will be distributed as cash.
Shares of ONE Gas will start trading on the New York Stock Exchange on Feb. 3 under the symbol OGS.
ONEOK employs about 1,100 people locally. It has not disclosed how many employees will work under the new ONE Gas banner.
In a guidance statement last month, ONEOK said ONE Gas is expected to earn a profit of $95 million to $105 million in 2014.
ONEOK Inc. also announced the board of directors for ONE Gas. It will include Gibson and Norton, as well as Robert B. Evans, Michael G. Hutchinson, Pattye L. Moore, Eduardo A. Rodriguez and Douglas H. Yaeger.
Kyle Arnold 918-581-8380
kyle.arnold@tulsaworld.com ___
(c)2014 Tulsa World (Tulsa, Okla.)
Visit Tulsa World (Tulsa, Okla.) at www.tulsaworld.com
Distributed by MCT Information Services
SOURCE
http://eaglefordtexas.com/news/id/1011/oneok-inc-sets-spinoff-one-gas-jan-31/
also, I think everyone has their trading policy. For me, it is the reward/risk ratio.
You wanna no/low risk? you can put money in bank or buy AAPL (my fav).
At least, VCLD is not going to get back to sleep again from here. IMO
are you seeing they have the same CIK? you mean what it means, right?
Are you seeing where BMH-Inc is publicly trading company already:
ONEOK (NYSE: OKE)
Going to comb OKE's filings
At least NVSOS shows Black Mesa Holdings Inc has the CIK number the same as VCLD. Company Amendment shown today for name change.
Either the buyout or any other sort of merger news is great for VCLD.
I think it is a good buy here. Reward/risk is high enough for me to jump in.
Let's see if we can compare the officers...and see if any are from ONEOK
so how to do explain the name change on NVSOS here ?
OH YEAH...AS A KICKER. OKE $70-ALREADY OWNS BLACK MESA HOLDINGS INC.
SO IF THIS MAKES ANYMORE SENSE THAN INITIALLY REPORTED; IT MAKES ZERO NOW:
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=222591916
SYMBOL: OKE $70
street u realy think so?
SOOOOOOOOOOO LET ME GET THIS STRAIGHT....VCLD HAD ASSETS AND DEREGISTERED IT'S STOCK. VCLD CEO RESIGNED AND NOW 2YRS LATER HE COMES BACK, REINSTATES WITH A NEW NAME AND ALLEGEDLY SELLS ALL OF THEIR ASSETS FOR $12M
WHY? BECAUSE THE COMPANY IS HEALTHY AND DEVELOPS NEW CLOUD TECHNOLOGY.
HE LEAVES THE COMPANY ONCE AGAIN AS A SHELL ONLY WITH NEW NAME "BLACK MESA HOLDINGS" AND NO ASSETS.
IS THIS IS WHAT YOU ARE SAYING WEEEEE?
VCLD wowza dolla land coming
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