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Par value I was wondering about...........................
Why would a stock have no par value? People often get confused when they read about the "par value" for a stock. One reason for this is that the term has slightly different applications depending on whether you are talking about equity or debt.
In general, par value (also known as par, nominal value or face value) refers to the amount at which a security is issued or can be redeemed. For example, a bond with a par value of $1,000 can be redeemed at maturity for $1,000. This is also important for fixed-income securities such as bonds or preferred shares because interest payments are based on a percentage of par. So, an 8% bond with a par value of $1,000 would pay $80 of interest in a year.
It used to be that the par value of common stock was equal to the amount invested (as with fixed-income securities). However, today most stocks are issued with either a very low par value (such as $0.01 per share) or no par value at all.
You might be asking yourself why a company would issue shares with no par value. Corporations do this because it helps them avoid a liability to stockholders should the stock price take a turn for the worse. For example, if a stock was trading at $5 per share and the par value on the stock was $10, theoretically, the company would have a $5-per-share liability.
Par value has no relation to the market value of a stock. A no par value stock can still trade for tens or hundreds of dollars - it all depends on what the market feels the company is worth.
REAC
Im really sorry to hear that.....hopefully every thing will work out for the best, When it comes to losing someone close its a real stressful time. GLTY and your family!
You need to get back on your meds..........Jethro!
WTF.................8/10 k we need ya come on baby,this could become a very awesome buying opportunity!
GRAS needs some watering!!!!!!!!!!!!!!
I hope u all loaded up Friday..................this is going a lot higher this week!!
LIGA
I missed out of a lot of up-side but get ready for the dump!
boy did I sell too early.......................not
.0026 eod
out @ .032...............the slaughter begins!!!
That's a very good point, Hopefully some news will come out in a few days.
hardly any volume so far...............my worst fear!
Who was the pick? I never got any thing in my inbox!
Has anyone been in contact with this company? I bought today at an avg. of .071, my feeling is it maybe a great buyout play!
USRC
.016 average...............and no i'm not mad at all. time is on my side, flipped it a few times, made good coin on LIGA.
LIGA
PS What does that have to do with oooooooooobbbbbbbbbbaaaaaaaammmmmmmmmmmmyyyyyyyyyyyyyy?
I agree 100%, that dude should keep his mouth closed,he sounded like a 3 year old.................just learning to talk for the first time!
LIGA
what a pos scam
With "Q" coming out any day now I would think its a good time to pick up a few here...........I got 60K today. The Q is going to be kick ass JMHO
LIGA
60:1 R/S
AS 3:1
This in my opinion is not a good deal!
Wants ratified the dumping will begin
Let me answer myself since you knuckle heads are so helpful!
Feb.14 +or-
All things take time...............I got 40K today will hold! When does the next Q come out? TIA
LIGA
Wishing you all the best here...........I sold half at .004 and the rest yesterday, too much unknown here!
Probably will do great after the merger..........as long as they mine, which they probably will,Malawi needs that stuff coming out of the ground for the royalties.
GLTA
WTF is going on here?
LIGA
Did he give any idea on where SuiteMagic stands as far as new accounts and such.....or if we can anticipate any near term pr's regarding it. TIA
LIGA
Great day here for LIGA........I really hope this thing does great things, it seems like they PR in bunches for some crazy reason, and we are due for some Friday SuiteMagic news I think Good luck to all, and God Speed!
LIGA>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>.10
I think the key here is suitemagic ...........
LIGA
The Company would also like to express that documentation regarding the engagement with Kinross was on file with the SEC prior to the December 26, 2012, news release. Southridge will be consulting with its legal counsel to pursue this matter through litigation and seek any damages incurred.
MERRY CHRISTMAS FLEX NATION...................MUCH PROSPERITY TO ALL FLEX NATION IN THE COMING NEW YEAR OF 2013 AND BEYOND
GLTAAAAAAAAAAALLLLLLLLLLLLLLLLLLLLLLLLLLLLLL
MERRY CHRISTMAS ALL.....................LET OUR MSVS INVESTMENT GIVE US AN AWESOME BELATED CHRISTMAS GIFT OF PROSPERITY IN THE NEW YEAR>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>2013
:) MSVS
suitemagic..................game changer, Iv'e made a ton of money in this week and now i'm out,will reload next week when it pulls back. This will be a 25 cent stock in 6 months IMHO
LIGA
http://finance.yahoo.com/news/lig-assets-inc-enters-strategic-135900463.html
NEWS>>>>>>>>>>>>>>>>>>>>>>>OUT!
LIGA
I'm not crying "BUD" I actually made a lot of money with EFCR...........the thing i'm pissed about with all there scamming ways is that if 2% of there BS pr's would have come to fruition I would be a very wealthy man!
20 BILLION SS
SCAMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM
http://www.sacbee.com/2012/12/13/5051957/premierequityreportscom-when-is.html#storylink=cpy
LIGA is going to run soon!
http://www.sacbee.com/2012/12/13/5051957/premierequityreportscom-when-is.html
Premier Equity Reports is a wholly owned entity of Equities Awareness Group LLC. Equities Awareness Group LLC has not been compensated by any of the companies mentioned above. Please read our report and visit our website, for complete risks and disclosures
Read more here: http://www.sacbee.com/2012/12/13/5051957/premierequityreportscom-when-is.html#storylink=cpy
Has anyone seen this?
LIGA>>>>>>>>>>>>>>>>>>>>>>>>>>>GOLD
SCOTTSDALE, Ariz. -- EGPI Firecreek, Inc. (OTCBB
:EFCR) EGPI/FIRECREEK, INC. Chairman of the Board and Chief Financial Officer Dennis Alexander and The Sahara Group Chairman Rusbek Bisultanov announced today that, subject to final due diligence reports and financial documentation, both groups have approved the purchase of 51% of the Kazakhstan joint stock company TransNaftaCenter.
TransNafta holds the development rights to the Kamenkovsky license, an oil and gas development block 100 kilometers northwest of Uralsk in the western portion of Kazakhstan. EGPI/FIRECREEK will pay a signing bonus to the Kazakhstan Government and purchase 51% of TransNafta Center stock. Ramp up
costs and field exploration work in the first six months will require an estimated $29,500,000 USD
additional funding.
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Chairman Bisultanov spearheaded the negotiations stated, "There is more than 1,700,000 acres in this block that is considered one of the most promising oil and gas developmental areas in Kazakhstan. We have worked very hard to make this project a major step forward for The Sahara Group, EGPI/FIRECREEK, and our friends in Kazakhstan," Bisultanov said.
EGPI/FIRECREEK Chairman Dennis Alexander stated, "We have two independent financial audits of TransNafta finished early in 2005 and we are conducting another to meet GAAP
--------------------------------------------------------------------------------
and SEC standards. And, we have retained the Moscow based law firm of White and Case to assist Bill Merritt
in the legal and due diligence legal work," Alexander explained.
"As a long-time oil man, I am excited about this field. Using the existing geology and seismic data compiled in the last few years, we have obtained three recent independent reports that confirm our belief that there are numerous potential producing horizons above the salt, possibly one in the salt and a massive structure under the salt that is prospective for natural gas and gas condensate," Taylor said.
The Firecreek team is scheduled to meet in Almaty, Kazakhstan later this month to complete the purchase.
EGPI Firecreek Inc. through its Firecreek unit is focused on oil production with an emphasis on acquiring existing oil fields with proven reserves, the rehabilitation of potentially high throughput oilfields, resource properties and inventories on an international basis
SCAM EXAMPLE #3
New Marine Operations
We have recently acquired new Marine segment operations, International Yacht Sales Group, Ltd. (IYSG) of Great Britain, in early December 2003. IYSG is engaged in global sales of private leisure and commercial vessels, from database entry providing available inventory listings for sale on demand to clientele through our proprietary software and IT brokerage network link and presence internationally via the web. We are working to expand and increase our revenue base in Fiscal Year 2004 by increasing more provisions for direct sales ability, and to develop business alliances to increase revenue potential in several key areas of this segments operations, and for growth and access through licensing arrangements with other countries and viable markets for the Marine sector around the world.
The Marine division was acquired in December 2003 and is a stand alone division currently trading through the major marine markets of the world. The divison makes revenue from selling licenses and fees from sales on vessels. The marine division has expanisve plans for growth on a global basis.
SCAM EXAMPLE#2
EGPI/Firecreek Partner The Sahara Group Completes Oil and Gas Agreement with Ukraine Government - 7/22/2005
Chairman Rusbek Bisultanov, of The Sahara Group, announced today that a protocol has been signed with the Ukraine government to assist in the development of an energy independence program. Sahara will be part of a committee that will study and recommend changes and improvements in Ukraine's oil and gas industry as well as work in-country rehabilitating and developing fields through its partner EGPI/Firecreek Inc. (OTCBB: EFCR).
Bisultanov signed the protocol June 24, 2005, and returned to the Ukraine last week to finalize details of the agreement. Also signing was Plachkov Ivan Vasilievitch for the Ukraine Ministry of Fuel and Energy, and Matolitch Roman Mikhailovitch of Neftegaz Ukrainy.
"Our partner in The Sahara Group, Firecreek Petroleum, will operate and rehabilitate at least two oil and gas fields in the Ukraine. And, when requested, provide support and expertise in planning, development and exploration to the government," Bisultanov explained. "We anticipate moving very rapidly on several projects and joining the Ukraine Energy Independence Committee."
The president of Firecreek Petroleum, John R. "Rick" Taylor, said, "The Ukraine effort to become energy independent is something we in America can understand. Firecreek looks forward to working with the Energy Independence Committee and the government. Chairman Bisultanov's leadership in Ukraine as well as Kazakhstan, Russia and Turkey is extraordinary. All of us with EGPI/Firecreek salute him for his efforts and success."
A meeting between Firecreek Petroleum's technical team and Ukraine officials will be scheduled shortly to begin identifying specific fields, the work programs and timetables. The first meeting of the Energy Independence Committee will be announced in the future.
SCAM EXAMPLE #1
The Company also announces it has begun the process of hiring Market Managers to maintain customer accounts and continue the process of developing a wide advertiser base. Mr. Pickering added, "Our solid commitment to both our hotel and advertising partners is critical and our Market Managers will provide the immediate customer support that will continue to set us apart. We are very excited to be moving ahead aggressively and will continue to bring the best talent to the team."
Liga is gearing up for very rapid growth if they are hiring market managers............this is going to get fun here in a few months!
oh ok I didn't know that ...........cool
LIGA
People don't forget to tweet your posts we need as many eyes on this as possible...........JMHO
LIGA>>>>>>>>>>>>>>>>GOLD