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.
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.
The chance of listing back to the OTC Market?
We may ask why NEWL is now in the grey market. Is that because the SEC has suspended NEWL, or because NEWL is foreign?
We have not heard that the SEC has suspended it.
According to the following research, among 1932 SEC suspensions that were sent to the Grey market for the last four years, only one stock got off of the Grey market. However, again, NEWL is not a SEC suspension. Then, what?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102719901
"NOTE: Foreign Issuers may also be on the Grey Sheets until they obtain Regulatory approvals to be listed on any U.S. Exchange.
Foreign Issuers on the Grey Sheets are NOT to be confused with, or compared to OTCBB or OTC stocks that are specifically on the Grey Sheets due to an SEC Suspension."
Yes, at the poolsite, the Stat--->pool, shows one "Current Active Workers," unlike before. I conjecture that the server system is now being updated, and then the PR about that will be out. We don't want to miss any subtle differences in the site, and the management knows well that we know that. This is a kind of communication game.
I believe the three days weekend is longer than two days to negotiate among the envolved parties, i.e.,the Dr., the management and the YA, and to prepare for PRs/filings. Any news/filing could be a neuclear bomb .Let's see.
Cj: I believe this news should be emphasized more: The billionaire buyer, Patrick, completed an $30M investment agreement with a medical company yesterday, March 28. A similar, maybe not completely different, kind of investment for NEOM can fairly be anticipated.
http://www.nantworks.com/press-files/STRAND_DIAGNOSTICS_RAISES_30_MILLION_IN_SERIES_A_FUNDING.pdf
P.S.
2000 millions means 2 billions.
Since today's hot issue is about A/S, not O/S, I am comparing A/S.
Of course, this is not a scinece. Just estimate where RTGV is.
Share Price/Authorized Shares Comparison with other most read stocks in IHub:
Some people here argue that 750M A/S of RTGV is not too much regarding its current price of $0.0021, when we compare with other stocks. So, here, let me try to prove the thesis, though just a rule of thumb for fun.
Currently, RTGV is ranked 8th in most read stocks.
(http://investorshub.advfn.com/boards/most_read.aspx)
Those top ranked stocks are hot, so maybe their prices are over-estimated. But, since RTGV is also in the kind, RTGV also can be over-estimated.
Stock A/S "Current Price" "Conversion Price" (when the stock has the same A/S as RTGV, 750M)
RTGV 750M $0.0021 $0.0021
SNP* 550M $0.43 $0.3150 (150 times)
BFL* 200M $0.136 $0.0360 ( 17.1 times)
GDS* 750M $0.0074 $0.0074 ( 3.5 times)
CBI* 250M $0.147 $0.0490 ( 23.3 times)
JBI* 150M $1.42 $0.2840 (135.2 times)
RFM* 2000M $0.0045 $0.0120 ( 5.7 times)
WAMU* 1705M $0.0294 $0.0668 ( 31.8 times)
KMA* 1000M $0.0023 $0.0030 ( 1.5 times)
Here, my summary may not be accurate, and it is just a rule of thumb for fun. But you could see how RTGV is under-estimated compared to its "neighbors," regardless of whether they are different stocks fundamentally.
(Sorry, not easy to see. hard to make the lines orderly. Just focus on the underlined.)
After enlightened by your post, I read again all your posts since you were aboard RTGV ship on Feb. 2. As a long position holder, I thank you for your thoughts and lessons. I apprecaite it. You've done a good job. And, please keep going on.
Yes, I agree with you that the Feb. 22 PR can be described as "verbiage." If, by any chance, the writer of RTGV's PRs reads this board, I'd like to ask her try not to use too many adjectives and adverbs. Simple description of facts could work stronger.
A Pattern of RTGV Trading that I have recently observed:
1. A promising, but tantalizing, PR is released. Then,
2. Some impatient traders sell off.
3. The next day, everybody comes to realize again that this is RTGV that has many promising issues in the near future.
4. Those sellers and new traders are chasing.
1' Another promising, but tantalizing, PR is released.
And the like.
Tomorrow (Friday) is the next day after a PR, and the last day before the next week when some key PRs are scheduled to be released.
Let's see how RTGV follows this pattern tomorrow.
(*Updated) Then, a question: Why does the company tantalize their investors and traders with those PRs? My "hypothesis" is that it is the company's strategy to draw a bigger and longer picture.
I think your post might mislead the audience, like me. On Feb. 21, who issued the most recent PR about the merger?
It seems to me that it was the replacing CEO, Terrence Tecco, or his will, not the just replaced CEO, Paul Normand.
The PR said that the management will be replaced, and the next day, Feb. 22, the CEO Normand was indeed replaced by Tecco, as stated in the PR, according to this filing, "Supplemental Information" http://www.otcmarkets.com/financialReportViewer?symbol=GOHG&id=73622
Now, I think we can wait further details of the merger.
Reminder: Share structure from most recent PR
Authorized: 250,000,000
Issued: 28,872,244
Restricted : 18,859,916
Float: 10,012,328
PR Newswire
LAS VEGAS, Jan. 31, 2012
LAS VEGAS, Jan. 31, 2012 /PRNewswire/ -- SIPP International Industries Inc. (OTCPK: SIPN), the diversified parent company to several divisions in the food, medical, hotel and broadcasting industries announced today that the company anticipates strong growth in 2012. The growth will be fuelled by $4.2 million in short-term accounts receivables, the latest acquisition of Newport Creek Hospitality's growing list of hospitality management contracts, SIPP products distribution, and through television exposure driven by the launch of the "Chef Homer Lee Thomas Show." SIPP International Industries (SIPP) anticipates Newport Creek Hospitality to generate profit margins up to 50 percent on all hotel property management contracts. Currently, Newport Creek Hospitality has three hotel management contracts in Japan.
"We are in a unique position to be able to leverage our executive staff and infrastructure to keep our overhead costs at a minimum and profit margins at a higher level," stated Mr. Pearson, CEO and Chairman of SIPP. "Additionally we know that once we reach critical mass in any region, the profit margins from our management fees increase exponentially. We anticipate a strong 2012 partially fuelled by our credit arrangements with First Fidelity, Inc., our planned SIPP products distribution, television productions, and Chinas emerging market in the hotel sector," concluded Mr. Pearson.
SIPP anticipates this number to increase dramatically into China, other neighbouring countries, and the US in 2012. Growth is anticipated due to the company actively seeking hotel opportunities in the areas of third party management contracts or through acquisitions or leases.
SIPP Recent Headline News:
SIPP International Industries, Inc. to Acquire Controlling Interest in FVJ Holdings out of Osaka Japan (Jan 17)
SIPP International Industries, Inc. to Accelerate Revenues with Acquisition of Cutting-Edge Biological Anti-terrorism Technology (Jan 4)
SIPP International Industries, Inc Adds $4.2 Million to Short-term Accounts Receivables (Dec22)
SIPP International Industries, Inc Acquires Hotel Management Company with 3 Additional Hotel development and Management Contracts in Japan (Dec 14)
A New Audio Interview With SIPP International Industries, Inc Chairman and CEO, Gregg Pearson, is Now at SmallCapVoice.com (Dec 8)
Authorized: 250,000,000Issued : 28,872,244Restricted : 18,859,916Float : 10,012,328
This post was written August 3, 2011, which is way before LGFTY's resuming trade here. Old news. If this afftects the price now, it is an anachronism. [Edit] That "rumor" has been already reflected while we have battled between $0.4 and $1.5 by those shavy institutional investors. If we go back to that odl "rumor", which is hard to be verified, we nullify all the battle that we have had. We should see a new agenda.
I believe that TSMoney's poster is the poster of this morning, which is replying clearly and nicely to the major basher's nagging questions. This poster should be re-illuminated, and everybody should read it. Thanks, TSMoney.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65515257
I believe we should not buy or sell based on the allegations by those who flipped their positions blatantly in 10 minutes. If you meet surprising claims, check first the claimer's posting history.
Some of you should be shameful for the fiasco during the last hour. If you want to allege, link please.
This Saturday, the world premier at the Comic Con.
Sorry, July 31, the report.
Will NI 31-101 be reported until June 31?
I believe that, after the auction, the money that exceeds the liabilities will go to the commons. Google is starting the bid of $900M.
Thanks. An alternative Webcast link: I've just confirmed that this way works. Chris31505's original message should be sticky this morning.
For those of you getting a link error go to www.viavid.com/ and click on "events" and scroll down to ID 34715. click "details" and then "join Webcast"
The following phrases could be of interested to this board.
(Quoted from the rule below.)
"---If the suspension resulted from the issuer's merger into, or consolidation with, another issuer or issuers, the certification shall be filed by the successor issuer.---"
Rule 12g-4 -- Certifications of Termination of Registration Under Section 12(g)
1. Termination of registration of a class of securities under section 12(g) of the Act shall take effect 90 days, or such shorter period as the Commission may determine, after the issuer certifies to the Commission on Form 15 (17 CFR 249.323) that the class of securities is held of record by:
1. Less than 300 persons; or
2. Less than 500 persons, where the total assets of the issuer have not exceeded $10 million on the last day of each of the issuer's most recent three fiscal years.
2. The issuer's duty to file any reports required under section 13(a) shall be suspended immediately upon filing a certification on Form 15; Provided, however, That if the certification on Form 15 is subsequently withdrawn or denied, the issuer shall, within 60 days after the date of such withdrawal or denial, file with the Commission all reports which would have been required had the certification on Form 15 not been filed. If the suspension resulted from the issuer's merger into, or consolidation with, another issuer or issuers, the certification shall be filed by the successor issuer.
Thanks, e-ore. I've thought that the share exchange agreement has already completed.
I heard from some other board that the share structure in the OTCMarkets.com is correct and current. On that site, as of April 15 when the 10K was filed, the O/S of CLGZF is "untouched" as only 551,265. How do you guys think about that? I thought that the O/S became larger than that after the R/S and the merger. Nothing to lose more significantly
Thanks for your service and effort in this board, slojab. Then, what would you think the purpose of the 99.9% of the O/S that have not shown up yet, while the share price is already in triple zeros.
I can't still understand the logic of this numbers. Any advice?
Has the transfer agent not been gagged? I thought so.
There is still the possibility that the share counts in the OTCMarkets.com are not correct. If the O/S is really 28.322 millions, it does not make sense that the dilution for the last 5 days is only 34.67 millions (5.25+5.34+4.52+9.70+9.86), which is only 0.12% of the O/S. (If you were the CEO and going to dilute while the price was going down to triple zeros, would you dilute only 0.1% of the stock that you have?)
In addition, I believe that the O/S of CLG** (You can see what it is, if you find my posting history) in the OTCMarkets.com is not correct. It shows that the O/S is only 550K. It has a R/S and mergers recently. (If you believe that this number is true, it migbe be better for you to consider seriously investing in that stock.)
My point is that we should still consider the possibility that the numbers in the OTCMarkets.com is not correct.
In contrast, another site, OTCbb.com, shows that the O/S is 298 millions, which I think makes sense much more. According to this O/S, the last five days volume is 12% of it.
http://www.otcbb.com/ type the symbol byrg
Even if the share count in the OTCMarkets.com is correct, I believe the float share may be much lower than the O/S, which, again, explains the volume for the last five days.
My conjecture (or hope) is that the reversal is coming shortly, or has already happened today. Let's see what will happen tomorrow.
As a shareholder before the reverse merger, I completely agree with you that I don't have much more to lose. I really want to know what the real "float" of the shares, before I sell. Nothing to lose.
Thanks, Newpontiac. I've been awawe of the tax benefit, and that
the BVI and HK are tax heavens. I am expecting more transparencey from the company.
I believe the new exchanged shares are kept in the treasury of Hutech BVI of our company.
I remember that the new exchanged shares of 66,000,000 are kept and restricted in the treasury of the company, so that the new shareholders from Hutech HK will not be entitled to sell their shares in the public market for the time being, according to the exchange agreement.
And, Mr. Park is still the majority shareholder of BVI since he is the majority shareholder of HK as well as his prefered shares (and since he is the majority shareholder of the parent company in Korea.)
What I don't quite understand is that: What is the benefit of Mr. Park and Hutech21 Korea through this "acrobatic" mergers.
At least, I believe that "Hankook Jungsoo Industries Co. Ltd," the 10.3% owner of Hutech HK, is currently held by a public fund in Korea, which means that Mr. Park should follow appropriate business rules.
I am waiting for the 10Q for the first quarter, hoping that it will give us some explanation.
What has Hutech21 BVI (our company) received from Hutech HongKong (HK)through the share excange agreement? I have read carefully the agreement and the recent 10K. Hutech21 BVI has given over 99% of its shares to Hutech HK. Then, something valuable should be come to Hutech21 BVI. I was not certain about this point when I read the documents, and perhaps, many of us here are not certanin either. That's why the price has been down. Anybody gives us some enlightenment? Before it, I'd like to emphasize that both Hutech 21 BVI and HK are paper companies, and their parent company, Hutech 21 in Korea is profitable and legit.
GNPG bouncing at 0.036
Reverse split 1/153 as of 4/11/2011
http://www.otcbb.com/asp/dailylist_detail.asp?mkt_ctg=OTCBB&d=04/08/2011
ECRY New chairman Curt Weldon is working as a negotiator between the US and Lybia "this morning"!!
http://www.wpix.com/wpix-libya-docs,0,4066067.story
The merging candidate company is "Park and Assoicates, Co. Ltd", not "Park Electronics", according to the recent filings, Truthhub. The two Parks seem different.
Here is the quotes from the filings:
The Company intends to merge with and into Park and Associates, Co. Ltd. (“Park”), a Korea-based manufacturer and of technology products. However, there is no definitive written agreement at this time, although the parties are still negotiating the terms and conditions of the transaction that might result in a definitive agreement. Should the Company and Park and Associates, Co. Ltd. enter into a definitive agreement and consummate the proposed transaction, there will be a change in control of the Company.
It is a good sign, I think, that Hutech21 is traded on Frankfurt Stock Exchange, too. At least, the fact of new exchange market "implies" that Hutech21 will continue to be traded on US market, in some form or another, though currently we don't know what that form will be. Which market? The share structure?
The annual report 10K for the year 2010 and the quarterly 10Q for the period from Oct. 1 to Dec.31, 2010 will be reported by the FORMER management, not by the current CEO, Mr. Park, according to the recent filings, if I remember correctly. I think basically those financial reports for 2010 mean nothing in the current stage.
Now, CLGZF board seems normal and is continued from the former CLGZ board. Next, hopefully, our share counts from our brokers are corrected shortly, reflecting the R/S.
It is getting more interesting for me whether or not this reverse split is the same kind of R/S as the past ones. I think that if it is the same, we will be victims of another pump and dump by "Rent-a-shell"; If it is completely different, we will have a completley new game. For example, this is not a penny stock any more.
I want to believe Hutech21's technologies and its CEO's cerdibility. At least, Hutech21 is not such a company from some Africa or Arab, which often shows up in R/M frauds. Hutech21 is legit from South Korea, and a partner with Samsung, LG electronics and the like.
There was another CLGZF board on IHub today, and six postings on it. The contents of those postings are just like those on this board, such as L2 problem. I am just copying and pasting those six postings for record.
Post Subject
#6 My Ameritrade account is still showing my pre Golfteaser1 3/21/2011 2:51:01 PM
#5 CGZF L2 -- .021 / 45.00 wish4luck 3/21/2011 11:30:33 AM
#4 E-trade shows everything and seems to take my wish4luck 3/21/2011 10:48:21 AM
#3 I am using Scottrade, too, so in the TaoChange 3/21/2011 10:17:09 AM
#2 Where can you find the stock quote and GoldDigger12345 3/21/2011 10:11:25 AM
#1 Any scenario after this R/S? --- really getting TaoChange 3/21/2011 10:08:46 AM
What if everything happens together at the same time? A reverse spilit, the name change, the merger with Park and Associates that mentioned in the last filing, and more? My question is that if Mr. Park and Hutech21 are intending to merger, what is the function of the reverse merger? After the 1-100 R/S, the o/s is only 590,000.
One of main product lines of Huetech21 is its repeater line. Microwave Repeater is helpful for covering "shadow areas" in broadcasting and cell phone business, among others.
Click "Repeater Solution" under the link.
http://www.hutech21.com/eng/index.html
Wikipedia also explains what repeater is.
http://en.wikipedia.org/wiki/Repeater
Hutech21's repeater technology was originally developed by the biggest South Korean Governmental Institue in electric and electronic engineering, ETRIE, and then transfered to Huetech21 by some contract. http://www.etri.re.kr/eng/
It looks like something is going on, though I cannot specify it yet.