Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Raven Moon will be called Made In America Entertainment (MAEI) effective tomorrow. Beware!:
8/29/2008 RMOEE 1-8,000 R/S - Raven Moon Entertainment, Inc. Common Stock
New Name: Made in America Entertainment, Inc. New Symbol: MAEI
wayne used to keep up with SW. I asked him about it.
lol one of those, heh? Never traded that stock from what I remember.
I recognize the name. I would say that there are some people who would run if they saw that name on a filing.
#msg-16987724
From bkmp? Not very liked I take it?
Not sure this is accurate or current:
Posted by: seabeewife
Date: Wednesday, February 27, 2008 12:55:39 PM
In reply to: None
#msg-27165922
RGII, looking through their filings, and guess who was the Secretary/director listed (when it was RV Wireless, before the name change to Mobicom Communictions) in 2005, Andrea McCarthy, and Sandy Winick was President/director..
http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=6962
Of course I do! lol
LOL... you get my point ;)
You need to reverse that ratio to 1:100's and 1:1000's! lol big difference!
LOL... they don't mess around with the 100:1's or the 1000:1 splits do they?
RGII history of huge rs - tomorrow shs decreased by 1 for 500000 split - New symbol: RSGR and less than a year ago this:
shs decreased by 1 for 500000 split Pay Date: Nov 8, 2007
Do you indicate that dilution leads to demise?
Hey INDEBT,dont meen to follow you around just like looking at profiles...I have yet to see any negative things on exbx...BUT in august we will be hit with big dilution so lets hope we get some news before then.Cant post that on exbx board,I wiould be torn apart.
GRMU...Seriouse pump and dump company.Worthless PRs with zero guilt Been told about signing large distributor then RSd me then in talks with new distributor for 10 million dollar contract...NOTHING and now we will be a cover story in a BIG magazine...Still waiting.......
re: filing from IDGI today...
As of June 30, 2007, the Company’s consolidated cash balance was $301,765. Outstanding debt as of June 30, 2007 totaled $6,064,000 including approximately $3,770,000 in pre-acquisition debt.
The Company’s working capital deficit as of June 30, 2007 was $5,365,961.
S2 has been operated as a private company that is not subject to Sarbanes-Oxley regulations and, therefore, may lack the financial controls and procedures of public companies.
On April 3, 2007, INCA issued a Single Payment Promissory Note to Michael J. Rosenblatt for $100,000. The note accrues interest at a rate of 15% per annum and is due on April 2, 2008.
In conjunction with the Acquisition on May 21, 2007, INCA assumed and reissued a Convertible Promissory Note with an effective date of November 20, 2006 to George D. Schaefer in the amount of $100,000 with a due date of May 15, 2007 (the “Note”). The due date of the Note was verbally extended by mutual agreement of the parties to September 30, 2007. The Note is convertible into shares of INCA’s common stock at a forty percent discount to the market price of the Company’s common stock or $0.50 per share, whichever is lower. The Note contains 4.99% ownership cap provisions. In conjunction with the Note, the Company issued Warrants to purchase 200,000 shares of common stock of INCA for an exercise price of $0.50 per share. The Warrants expire on October 31, 2009. The shares underlying the Note and the Warrants are covered under a registration rights agreement.
In conjunction with the Acquisition on May 21, 2007, INCA assumed and reissued a Convertible Promissory Note with an effective date of November 20, 2006 to Ronald B. and Kathleen A Johnson in the amount of $125,000 with a due date of May 15, 2007 (the “Note”). The due date of the Note was verbally extended by mutual agreement of the parties to September 30, 2007. The Note is convertible into shares of INCA’s common stock at a forty percent discount to the market price of the Company’s stock or $0.50 per share, whichever is lower. The Note contains 4.99% ownership cap provisions. In conjunction with the Note, the Company issued Warrants to purchase 250,000 shares of common stock of INCA for an exercise price of $0.50 per share. The Warrants expire on October 31, 2009. The shares underlying the Note and the Warrants are covered under a registration rights agreement.
In conjunction with the Acquisition on May 21, 2007, INCA assumed and reissued a Convertible Promissory Note with an effective date of November 20, 2006 to John L. Coleman in the amount of $100,000 with a due date of September 30, 2007 (the “Note”). The note is convertible into shares of INCA’s common stock at a forty percent discount to the market price of the Company’s stock or $0.50 per share, whichever is lower. The Note contains 4.99% ownership cap provisions. In conjunction with the Note, the Company issued Warrants to purchase 200,000 shares of common stock of INCA for an exercise price of $0.50 per share. The Warrants expire on October 31, 2009. The shares underlying the Note and the Warrants are covered under a registration rights agreement.
In conjunction with the Acquisition on May 21, 2007, INCA assumed and reissued a Convertible Promissory Note with an effective date of May 16, 2006 to George D. Schaefer in the amount of $100,000 with a due date of October 31, 2007. The note is convertible into shares of INCA’s common stock at a forty percent discount to the market price of the Company’s stock or $0.50 per share, whichever is lower. The Note contains 4.99% ownership cap provisions. In conjunction with the Note, George D. Schaefer was issued Warrants to purchase 200,000 shares of common stock of S2 New York for an exercise price of $0.50 per share. The Warrants expire on October 31, 2009. The shares underlying the Note and the Warrants are covered under a registration rights agreement.
In conjunction with the Acquisition on May 21, 2007, INCA assumed and reissued a Convertible Promissory Note with an effective date of May 16, 2006 to Robert J. Smith in the amount of $75,000 with a due date of October 31, 2007. The note is convertible into shares of INCA’s common stock at a forty percent discount to the market price of the Company’s stock or $0.50 per share, whichever is lower. The Note contains 4.99% ownership cap provisions. In conjunction with the Note, Robert J. Smith was issued Warrants to purchase 150,000 shares of common stock of INCA for an exercise price of $0.50 per share. The Warrants expire on October 31, 2009. The shares underlying the Note and the Warrants are covered under a registration rights agreement.
On June 20, 2007, INCA issued a Convertible Promissory Note to Plato & Associates, LLC for $200,000 with a due date of June 20, 2008. The note is convertible into shares of INCA’s common stock at a forty percent discount to the market price of the Company’s stock or $0.50 per share, whichever is lower. The Note contains 4.99% ownership cap provisions. The shares underlying the Note are covered under a registration rights agreement.
On June 20, 2007, INCA issued a Convertible Promissory Note to Golden Ventures, LLC for $200,000 with a due date of June 20, 2008. The note is convertible into shares of INCA’s common stock at a forty percent discount to the market price of the Company’s stock or $0.50 per share, whichever is lower. The Note contains 4.99% ownership cap provisions. The shares underlying the Note are covered under a registration rights agreement.
In October 2007, INCA issued a Convertible Promissory Note to Plato & Associates, LLC for $50,000 with a due date of June 20, 2008. The note is convertible into shares of INCA’s common stock at a forty percent discount to the market price of the Company’s stock or $0.50 per share, whichever is lower. The Note contains 4.99% ownership cap provisions. The shares underlying the Note are covered under a registration rights agreement.
In October 2007, INCA issued a Convertible Promissory Note to Golden Ventures, LLC for $50,000 with a due date of June 20, 2008. The note is convertible into shares of INCA’s common stock at a forty percent discount to the market price of the Company’s stock or $0.50 per share, whichever is lower. The Note contains 4.99% ownership cap provisions. The shares underlying the Note are covered under a registration rights agreement.
In connection with the Acquisition, INCA entered into employment agreements with Stacy Josloff to serve as Chief Executive Officer and Chief Financial Officer and with Stephanie Hirsch to serve as President and Secretary. The initial terms of the agreements are five years, with an option to renew for an additional five-year period. Pursuant to the agreements, Josloff and Hirsch are to receive an annual base salary of $65,000. In addition to the base salary, Josloff and Hirsch are eligible for an annual bonus payment at the end of each fiscal year. The bonus is granted in the sole discretion of the Company’s board of directors and is based upon the Company’s performance and productivity. Bonus compensation may be paid to Josloff and Hirsch in the form of cash, stock options, or a combination thereof. Josloff and Hirsch are eligible for insurance benefits, reasonable expenses, and five (5) weeks of paid vacation in each calendar year.
Immediately following the closing of the Acquisition, under the terms of the Securities Exchange Agreement, INCA assumed subordinated convertible promissory notes previously issued by S2 (the “S2 Notes”) in the aggregate principal amount of $500,000, which, if and when converted, will convert into shares of INCA’s common stock. In association with the assumption of the S2 Notes, INCA issued an aggregate of 1,000,000 common stock purchase warrants to the holders of the convertible promissory notes which warrants were substituted for like warrants previously issued by S2. The warrants are exercisable for three years at an exercise price of $.50 per share and expire on October 31, 2009.
· Immediately following the closing of the Acquisition, an aggregate of $680,650 in INCA debt was converted by non-affiliates into 26,063,750 shares of its Common Stock at a conversion ratio of $.026 per share.
The 26,000,000 shares of INCA’s common stock issued to the former S2 Shareholders in connection with the Acquisition and the common stock purchase warrants issued to purchase 1,000,000 shares of INCA’s common stock were not registered under the Securities Act of 1933, as amended (the “Act”), in reliance upon the exemption from registration provided by Section 4(2) of the Act and Regulation D promulgated under that section, which exempt transactions by an issuer not involving any public offering. These securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. Certificates representing these shares contain a legend stating the same. The 26,063,750 shares of INCA’s common stock issued for conversion of debt were issued pursuant to an exemption from the registration provisions of the Act by reason of Section 4(2) of the Act
Ecuse me for butting in...
I do not have a board search option, so I was wondering if anyone knows of any post numbers about EXBX. Thanks. Glad to see people helping people.
AMIFX Advanced markets Inc. Looks good at first BUT will RIP u OFF faster than you can request a withdraw form. SO TRADE LIGHT , THEN YOU'LL SEE THE LIGHT, STRAIGHT THROUGH PROCESSING , right!!! To them that means straight to their side of the BOOKS. and it wasn't just the market or bad luck. it was knock you out even when I DID NOT HAVE A STOP LOSS. Don't believe me? then keep on trading with them a couple more DAYS.
Doesn't that sound like an unregistered offering?
FGFC -- Printed 120MM shares over its authorized then quietly raised the authorized several months later as if that made it okay. CEO turned out to be a 29 year old restaurant worker who worked for IBCX's restaurant, yet the PRs claimed he was doing multi-million dollar deals. Documents available at www.fgfc.us
IBCX -- Issued a PR claiming that the shares were undervalued at the current levels, then quietly raised the authorized to 4 billion and printed more shares as people fell for the PR. Documents available at www.ibcx.info
WTVI, new massive dilution. Taken from the spam & scam board:
Posted by: shortsinthesand
In reply to: shortsinthesand who wrote msg# 562 Date:3/12/2007 1:48:54 PM
Post #of 564
Just got off the phone with the transfer agent for Wi Fi Tv Inc. [WTVI] and they gave me the share count as of Fridays business close at:
476,950,157 shares issued
120,117,121 is what pink sheets has as of 1/02/07
356,833,032 shares have been added in the last 49 trading days for a daily average of 7,282,306 are being added each and every day..
Oh yes they also verified that the Authorised is at 30 billion!
-shorts
http://www.investorshub.com/boards/read_msg.asp?message_id=17807418
Posted by: albundy
In reply to: cintrix who wrote msg# 5182
Date:3/8/2007 7:13:02 PM
Post #of 5193
just for fun, i threw together a list of all their 'share restructuring' activities. might not be perfectly exact, but its pretty close. enjoy.
Company Name CIK Form Type Received Date Period End Date
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 3/8/2007 ?
RAVEN MOON ENTERTAINMENT INC 1058056 DEF 14C 2/26/2007 3/8/2007
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 12/22/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 DEF 14C 11/22/2006 11/22/2006
RAVEN MOON ENTERTAINMENT INC 1058056 DEF 14C 10/11/2006 8/28/2006
RAVEN MOON ENTERTAINMENT INC 1058056 DEF 14C 10/11/2006 6/19/2006
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 10/10/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 9/27/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 9/13/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 8/3/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 7/20/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 DEF 14C 6/21/2006 5/8/2006
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 6/2/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 DEF 14C 5/18/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 5/2/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 4/24/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 4/7/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 3/29/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 3/21/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 3/8/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 2/22/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 2/6/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 1/27/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 1/13/2006 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 12/30/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 12/15/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 11/18/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 10/28/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 9/23/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 9/16/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 SB-2 9/9/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 8/11/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 DEF 14C 8/8/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 DEF 14C 7/14/2005 6/30/2005
RAVEN MOON ENTERTAINMENT INC 1058056 SB-2/A 6/8/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 5/31/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 SB-2/A 5/24/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 SB-2/A 5/20/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 SB-2 4/27/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 4/14/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 3/28/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 DEFR14C 3/25/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 3/4/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 2/7/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 1/14/2005 ?
RAVEN MOON ENTERTAINMENT INC 1058056 DEF 14C 1/4/2005 12/10/2004
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 12/10/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 DEF 14C 12/7/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 11/15/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 10/15/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 9/9/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 8/20/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 6/24/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 5/21/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 REGDEX 5/10/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 4/22/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 3/12/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 2/26/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 2/5/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 1/16/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 1/6/2004 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 11/28/2003 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 9/17/2003 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 7/14/2003 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 5/12/2003 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 3/26/2003 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 3/4/2003 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 2/19/2003 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 1/24/2003 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 1/14/2003 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 1/10/2003 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 12/4/2002 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 11/22/2002 ?
RAVEN MOON ENTERTAINMENT INC 1058056 SB-2 11/7/2002 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 9/5/2002 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 8/27/2002 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 8/21/2002 ?
RAVEN MOON ENTERTAINMENT INC 1058056 S-8 6/27/2002 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 POS 5/22/2002 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 5/21/2002 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 5/21/2002 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 5/15/2002 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 5/15/2002 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 5/3/2002 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 3/21/2002 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 2/19/2002 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 2/19/2002 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 12/14/2001 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 12/4/2001 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 8/8/2001 ?
RAVEN MOON INTERNATIONAL INC 1058056 DEF 14C 8/6/2001 8/6/2001
RAVEN MOON INTERNATIONAL INC 1058056 DEF 14C 5/2/2001 5/1/2001
RAVEN MOON INTERNATIONAL INC 1058056 S-8 3/9/2001 ?
RAVEN MOON INTERNATIONAL INC 1058056 DEF 14C 3/6/2001 3/5/2001
RAVEN MOON INTERNATIONAL INC 1058056 S-8 2/26/2001 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 2/26/2001 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 2/26/2001 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 1/30/2001 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 1/30/2001 ?
RAVEN MOON INTERNATIONAL INC 1058056 S-8 1/30/2001 ?
RAVEN MOON INTERNATIONAL INC 1058056 DEF 14C 11/30/2000 12/1/2000
RAVEN MOON INTERNATIONAL INC 1058056 DEF 14C 9/7/2000 9/7/2000
Another rs and ticker change for Raven Moon:
http://www.investorshub.com/boards/read_msg.asp?message_id=17672798
ISYX - A firm that will Dilute and reverse split itself into eternity and take down anyone who wishes to throw any money at it.
THIS IS NOT A LOTTO, IT IS A DILUTION / SPLIT DEATH SPIRAL.
Wil riner will take your money as fast as you can buy shares.
Authorized:
2 Billion
Outstanding Shares:
02/12/2007: 999,032,226 and Auth bumped to 2B (2/16/2007)
01/26/2007: 350,000,000
01/19/2007: 320,427,271
01/12/2007: 286,527,503
01/04/2007: 221,159,784
12/29/2006: 172,897,005 and Auth bumped to 1B
12/19/2006: 102,000,000 and Auth 120,000,000
12/18/2006 1/50 REVERSE SPLIT (old symbol ISYJ)
11/13/2006: 3,000,000,000 (billion) and Auth bumped to 6B
11/10/2006: 2,200,000,000 (billion) and Auth bumped to 3B
11/01/2006: 1,700,000,000 (billion)
10/02/2006: 840,000,000
09/14/2006: 6/1 FORWARD SPLIT
I track this one more then year when she was MSEV.
She did back then a run from 0.01 to 0.20 in 3 months since then MSEV did a F/S do to naked short problem (yehhh right…… ).
You shouldn't relate to the insider selling to much they all doing it to chase some money in, but it’s the right time NOT to hold MENV.
The problem with MENV is same problem with most of the penny stock: more expensive and less money coming in the company, but oil sand is a long process of develops and MENV is a small company.
I think how ever invest on a penny stock for long term have some serious trading problem ,but on the right timing you can make money on any penny stock even if its MENV ,if you fallow MENV on level 2 you can see this stock is highly manipulated.
But again every one trying this day's to manipulate stocks it’s the penny market!!!
You made some good points
GL
Not sure if anybody is tracking MENV on this board, but I would be interested to hear your opinions.
Of interest to me are the connections between MENV and Habanero Resources and the fact that the President of MENV sold 800K+ of stock (everything he owned) at the end of January 07 as the price hit its high of 0.071... a curious move given the PR they continue to promulgate and the fact that investors were waiting for the results of a test drilling, which ostensibly came back as positive on or around Feb 15th.
For those who dont know what oil sands are, it is as the name suggests, sand which is saturated with oil... it cannot be pumped and has to be dug out of the ground open cast style and then go through a rather complicated and labour intensive process of separation.
The following post is from the MENV board:
Good point Badmoon. And why has your question not been answered? People must be too busy I guess.
I owned this one last year when it was MSEV and made a little dough on it. Now, other than a quick flip, I wouldn't touch it.
The land they supposedly "acquired" was not listed on the most recent Alberta Lease results. If they were acquired privately, why were the leasehoders names not mentioned? Nobody...and I mean NOBODY...sells acreage in the sands nowadays unless it's worthless. Why does MENV fail to mention that they are partnered with Habanero (look them up at Stockhouse V.HAO). 2530 acres is nothing to write home about in oil sands country. It could be if it was tied in contiguously with say 50,000 more. It is not and stands alone. In other words, it has no commercial value on its own for development purposes. It may have some value for a JV with a landowner nearby if OBIP can be proved out. Is it? Even proved OBIP is still worth only $1 per barrel.And, who is going to pay for proving it out?
Check out v.hao or hbnrf. They have the exact same NR. Same crapola. Who is the "operator" they each refer to? The one that supposedly ran seismic and did one test bore! Nowhere is the operator mentioned. These guys don't work for free. they don't get their core samples tested for free.Core results were promised from mid Dec, where are they?
And, giving a ballpark on OBIP from ONE CORE? Laughable at best. Acceptable standards are to delineate at 1000 meter intervals.Every 1000 meters.
The comparison with BQI is totally off the wall and an insult to BQI. I hold BQI. They hold 560,000 acres of contiguous land in Sask and within the next two months will have drilled out 275 wells for core samples. Thats how it's done ladies and gents. As another example, Synenco drilled over 1000 cores to test out their turf. Suncor drilled over 3000.
Check out insider selling on these two related companies. can you spell massive and so-obvious pump and dump?
Check out their financials. Not even enough to pay office rent even though they have been in business for several years.
The printing presses are running full speed and you know who doles out the ink.
Just me, and me only but I would stick it under the mattress right about now.
From a guy who's seen too much "VSE" crap go down.
PGPM.pk = Scam
They dillute shares too cook the books and make it look like they have an increase of revenues. Even a fairly bright junior high student with just basic studies of accounting 101, could spot the red flags in their earnings statements.
PGPM.pk is nothing more than a 1 man show sitting at a desk with a fancy website, creating an illusion of a oil company that puts out fluffy press releases to spike the price up when he wants to sell some shares.
Stay away from this stock.
God knows they could use that.
what's the prize? A case of toner for the printer?
This one wins the prize for being mentioned the most amount of times on this thread!
09/20/2006 RVEM to RMNE
http://www.investorshub.com/boards/read_msg.asp?message_id=13422629
If I get many more of these I'll be reaching for the Tempra™
tempura is better
or is it batter lol
FWIW, A copy of the latest pshing scam I received today Tank you very much for the temporal hold.
Your Online Banking is Blocked
--------------------------------------------------------------------------------
We recently reviewed your account, and suspect that your Bank of America account may have been accessed by an unauthorized third party. Protecting the security of your account is our primary concern. Therefore, as a preventative measure, we have temporarily limited access to sensitive account features.
To restore your account access, we need you to confirm your identity, to do so we need you to follow the link below and proceed to confirm your information:
https://www.bankofamerica.com/cgi-bin/imcpprd. dll/Ctrl.jsp?BV_UseBVCookie=yes
Tank you for your patience as we work together to protect your account.
Sincerely,
Bank of America Customer Service
*Important*
Please update your records on or before 48 hours, a failure to update your records will result in a temporal hold on your funds.
--------------------------------------------------------------------------------
Bank of America, N.A. Member FDIC. Equal Housing Lender
© 2006 Bank of America Corporation. All rights reserved.
nuttin happening with them at all so far :( sighhhhhh
GFYD, what happened to them whe they filed form 15-12G
NDOL just filed the same form and don't know what to think
Canadian or US?
and the day? I say by turkeyday
We should start taking bets on the next R/S for them, whatcha think?
lol - this one must break all records
"10-for-1 Warrant Shares Exercised are Exempt from the Split"
ughhh what a P O S
RVEM - and another one:
http://www.investorshub.com/boards/read_msg.asp?message_id=12850621
sheesh..why not just release a PR saying:
"RSMI wishes to announce we suck an running our public company. Sorry most of you lost your money. We kept ours."
RSMI:TOXIC DEBENTURES REGISTRATION.
Risks Related to this Offering and Our Capital Structure
This offering may have an adverse impact on the market price of our common stock.
This prospectus relates to the sale or distribution of up to 357,781,615 shares of common stock by the selling security holders. We will not receive proceeds from these sales except to the extent certain options or warrants are exercised for cash, and have prepared this prospectus principally in order to meet our contractual obligations to some of the selling security holders. The sale of this block of stock, or even the possibility of its sale, may adversely affect the trading market for our common stock and reduce the price available in that market.
Our shareholders will experience significant dilution upon the conversion of our 2006 Debentures and 2005 Debentures because these debentures convert at a discount to the market price of our common stock at the time of conversion.
At any time and from time to time, all or any portion of the principal amount of the two-year 7% Senior Secured Convertible Debentures we issued in March 2006 (the “2006 Debentures”) then outstanding may, at the option of the holders of the debentures, be converted into shares of common stock at the conversion price then in effect. Similarly, currently and from time to time all or any portion of the principal amount of the three-year 7% Senior Secured Convertible Debentures we issued in May 2005 (the “2005 Debentures”) then outstanding may, at the option of the holders of the debentures, be converted into shares of common stock at the conversion price then in effect. Additionally, all accrued but unpaid interest on 2006 Debentures and 2005 Debentures is payable upon conversion, at our option, in shares of common stock at the conversion price for those debentures then in effect.
The number of shares issuable upon any conversion will be equal to the outstanding principal amount of convertible debenture to be converted, divided by the applicable conversion price on the conversion date, plus (if we have elected to pay such amount in shares of common stock) the amount of any accrued but unpaid interest on the convertible debenture through the conversion date, divided by the conversion price on the conversion date. The conversion price of the 2006 Debentures is equal to the lower of (i) 70% of the volume weighted average closing price per share of our common stock for the 20 trading days immediately preceding the conversion date and (ii) the lowest purchase price or conversion price of any shares of common stock or securities convertible into shares of common stock that we subsequently offer or issue on or prior to the date on which the aggregate outstanding principal amount of the 2006 Debentures is first equal to or less than $1.5 million. The conversion price of the 2005 Debentures is equal to 70% of the volume weighted average closing price per share of our common stock for the five trading days immediately preceding the conversion date. Due to the conversion mechanics of these convertible debentures, decreases in the conversion price result in an increase in the total number of shares issuable upon conversion.
The number of shares to be acquired by each of the holders of the 2006 Debentures or 2005 Debentures upon conversion cannot exceed the number of shares that, when combined with all other shares of common stock and securities then owned by each holder and its affiliates, would result in any one of them owning more than 4.99% of our then outstanding common stock.
There is an inverse relationship between our stock price and the number of shares issuable upon conversion of the 2006 Debentures and 2005 Debentures. That is, the higher the market price of our common stock at the time a debenture is converted, the fewer shares we would be required to issue, and the lower the market price of our common stock at the time a debenture is converted, the more shares we would be required to issue. This inverse relationship is demonstrated by the table set forth below, which shows the number of
11
--------------------------------------------------------------------------------
Table of Contents
shares into which $6 million of the 2006 Debentures would be convertible at various prices of our common stock.
Estimated 20-Day
Debenture
Number of Shares Issuable on
VWAP of
Conversion
Conversion of $6 Million Principal
Common Stock Price Amount of Debentures
$0.25 $ 0.175 34,285,714
$0.20 $ 0.140 42,857,143
$0.15 $ 0.105 57,142,857
$0.10 $ 0.070 85,714,286
$0.05 $ 0.035 171,428,571
$0.03 $ 0.021 285,714,286
We may need to increase the amount of authorized common stock in order to meet our obligations to holders of our derivative securities or to conduct future equity transactions.
We have 900 million shares of common stock currently authorized for issuance, of which 340,734,039 shares are issued and outstanding. In addition, our outstanding warrants and options, if exercised at August 9, 2006, would require us to issue an additional 151,627,272 shares of common stock. The terms of the 2005 and 2006 Debentures provide that the debentures convert into shares of our common stock at an initial conversion price equal to 70% of the volume-weighted closing price per share of our common stock over a specific period of time. To the extent our stock price falls, the number of shares into which the debentures will convert will increase and could exceed the number of shares currently available for issuance by us. As a result, we may need to increase the number of shares of common stock authorized in order to honor our obligations to issue shares of common stock to the selling shareholders and other holders of options, warrants, convertible promissory notes and other derivative securities. Furthermore, a lack of authorized shares of common stock would impair our ability to use our equity securities for raising capital, acquisitions, compensation and other corporate purposes. In order to increase our authorized common stock, our shareholders must approve an amendment to our articles of incorporation. It may take a significant amount of time for us to obtain approval of our shareholders, and there is no guarantee that we will be able to obtain such approval.
Future sales of common stock or other dilutive events may adversely affect prevailing market prices for our common stock.
As of August 9, 2006, we had 340,734,039 shares of our common stock issued and outstanding. As of August 9, 2006, an additional 151,627,272 shares of common stock were reserved for issuance upon the exercise of outstanding options and warrants exercisable at exercise prices ranging from $0.027 to $4.00 per share. In addition, we have outstanding $5.6 million principal amount of 2006 Debentures and $5,577 principal amount of 2005 Debentures, all of which are convertible into an undeterminable number of shares of our common stock. The exercise price of such debentures is variable, and is based upon an initial conversion price equal to 70% of the volume-weighted closing price per share of our common stock over a period preceding the applicable conversion date. We also have outstanding $75,000 principal amount of convertible debentures we issued in 2003 and 2004 (the “2003 Debentures”). These debentures are convertible into our common stock at an exercise price of $0.15 per share. Many of the above options, warrants and debentures contain provisions that require the issuance of increased numbers of shares of common stock upon exercise or conversion in the event of stock splits, redemptions, mergers or other transactions.
The occurrence of any such event or the exercise or conversion of any of the options, warrants or debentures described above would dilute the interest in the Company represented by each share of common stock and may adversely affect the prevailing market price of our common stock. Finally, we may need to raise additional capital through the sale of shares of common stock or other securities exercisable for or convertible into common stock. The occurrence of any such sale would dilute the interest in the Company represented by each share of common stock and may adversely affect the prevailing market price of our common stock.
12
--------------------------------------------------------------------------------
Table of Contents
If we default under the Securities Purchase Agreement for the 2006 Debentures, we could lose substantially all of our assets.
To secure our obligations under the 2006 Debentures, we granted a security interest in substantially all of our assets, including our intellectual property, in favor of the investors under the terms and conditions of a Security Interest Agreement dated as of March 6, 2006. The security interest terminates upon the earlier of (i) the date on which less than $1.5 million in principal amount of the 2006 Debentures are outstanding, or (ii) payment or satisfaction of all of our obligations under the Securities Purchase Agreement. If we are unable to perform our obligations under the Securities Purchase Agreement, the investors could seek to foreclose and obtain possession or force the sale of substantially all of our assets, including our products under development. If this were to occur, we could not continue in our current line of business and any investment you may have in the Company would lose value.
Our board of directors’ right to authorize the issuance of shares of preferred stock could adversely impact the rights of holders of our common stock.
Our Articles of Incorporation authorize our board of directors to issue up to 15,000,000 shares of preferred stock in one or more series, and to fix the rights, preferences, privileges and restrictions granted to or imposed upon any such series, without further vote or action by shareholders. The terms of any series of preferred stock, which may include priority claims to assets and dividends and special voting rights, could adversely affect the rights of the holders of our common stock and thereby reduce the value of our common stock. The issuance of preferred stock could discourage certain types of transactions involving an actual or potential change in control of our company, including transactions in which the holders of common stock might otherwise receive a premium for their shares over then current prices, otherwise dilute the rights of holders of common stock, and may limit the ability of such shareholders to cause or approve transactions which they may deem to be in their best interests, all of which could have a material adverse effect on the market price of our common stock.
Our stock price may be volatile.
The market price of our common stock will likely fluctuate significantly in response to the following factors, some of which are beyond our control:
• Variations in our quarterly operating results due to a number of factors, including but not limited to those identified in this “Risk Factors” section;
• Changes in financial estimates of our revenues and operating results by securities analysts or investors;
• Changes in market valuations of telecommunications equipment companies;
• Announcements by us of commencement to, changes to, or cancellation of significant contracts, acquisitions, strategic partnerships, joint ventures or capital commitments;
• Additions or departures of key personnel;
• Future sales of our common stock;
• Stock market price and volume fluctuations attributable to inconsistent trading volume levels of our stock;
• Commencement of or involvement in litigation; and
• Announcements by us or our competitors of technological innovations or new products.
In addition, the equity markets have experienced volatility that has particularly affected the market prices of equity securities issued by high technology companies and that often has been unrelated or disproportionate to the operating results of those companies. These broad market fluctuations may adversely affect the market price of our common stock.
13
--------------------------------------------------------------------------------
Table of Contents
We may have violated Section 5 of the Securities Act of 1933, as amended, in connection with sales of our securities and could suffer substantial losses if purchasers of our securities demand to rescind previous sales.
We have raised substantial amounts of capital in private placements of our securities from time to time. The securities offered in such private placements were not registered with the Securities and Exchange Commission (the “SEC”) or any state agency in reliance upon exemptions from such registration requirements. Such exemptions are highly technical in nature and if we inadvertently failed to comply with the requirements of any of such exemptive provisions, investors would have the right to rescind their purchase of our securities or sue for damages. During the past several years, the Company issued securities to accredited investors pursuant to Section 4(2) of the Act, which were not subject to the safe harbors of Regulation D. While the Company believes these offers and sales were not integrated, if these offers and sales were deemed to be integrated, the Section 4(2) exemption might be unavailable for one or more of these sales. Furthermore, in 2004, $350,000 of our 2003 Debentures were purchased by investors after the filing of a registration statement covering the same type of securities. While the Company and the investors were parties to a purchase agreement executed prior to the filing of the registration statement, the wording of certain conditions to closing created uncertainty as to whether the investors were irrevocably bound to purchase the debentures prior to the filing of the registration statement. As a result, there may not have been an exemption from registration covering these sales. If one or more of these investors were to successfully seek such rescission or institute any such suit, we could face severe financial demands that could materially and adversely affect our financial position.
We do not anticipate paying any dividends on our common stock.
We have not paid any dividends on our common stock since our inception and do not anticipate paying any dividends on our common stock in the foreseeable future. Instead, we intend to retain any future earnings for use in the operation and expansion of our business.
Additional burdens imposed upon broker-dealers by the application of the “penny stock” rules to our common stock may limit the market for our common stock.
The SEC has adopted regulations concerning low-priced (or “penny”) stocks. The regulations generally define “penny stock” to be any equity security that has a market price less than $5.00 per share, subject to certain exceptions. If our shares continue to be offered at a market price less than $5.00 per share, and do not qualify for any exemption from the penny stock regulations, our shares will continue to be subject to these additional regulations relating to low-priced stocks.
The penny stock regulations require that broker-dealers who recommend penny stocks to persons other than institutional accredited investors, make a special suitability determination for the purchaser, receive the purchaser’s written agreement to the transaction prior to the sale and provide the purchaser with risk disclosure documents that identify risks associated with investing in penny stocks. Furthermore, the broker-dealer must obtain a signed and dated acknowledgment from the purchaser demonstrating that the purchaser has actually received the required risk disclosure document before effecting a transaction in penny stock. These requirements have historically resulted in reducing the level of trading activity in securities that become subject to the penny stock rules.
The additional burdens imposed upon broker-dealers by these penny stock requirements may discourage broker-dealers from effecting transactions in the common stock, which could severely limit the market liquidity of our common stock and our shareholders’ ability to sell our common stock in the secondary market.
please post the article not the link...TIA
VSTC IS A SCAM
GTXC or VSTC (Vision Technology Corp) by any name (and there have been a few over the years) IS A SCAM.
Read all about it here...
http://gtxcthegangthatcantshootstraight.blogspot.com/
cites, facts, quotes, inside info and analysis
Investors beware.... VSTC IS A SCAM
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |