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Yeah, very dead.
Both boards have voted for the merger.
LSCC shareholders have voted for the merger.
European government commission has approved the merger.
Chinese government body has approved the merger.
U.S. Federal Trade Commission granted early termination of the waiting period for the Merger.
Just waiting for the final U.S. approval and this thing is taken out at the all cash price of $8.30.
Not a bad profit considering you can still buy it at today's close of $6.85.
"XSNX is about to make a move"
Looks like you were right, just in the wrong direction.
Does anyone have any news to explain today's selloff?
Good for you mthead.
I was too busy at the end of last week to pay any attention to the stock price.
By today's action I'd say you've done very well.
Over a 25% gain.
Pretty damn good for one day's trading.
Not even a mention of UPSN
Motley Fool
Google Picks Up the Phone
Wednesday November 30, 12:07 pm ET
By Tom Taulli
Even though Google (Nasdaq: GOOG - News) has launched a myriad of services, the fact remains that 99% of the company's revenues come from advertising. It got there by using a pay-per-click model, something that it didn't invent (Yahoo! (Nasdaq: YHOO - News) sued Google on charges of patent infringement) but has served the search king very well.
Simply put, this is how pay-per-click works: An advertiser bids on certain search words, such as "mortgage" or "hot stocks," and if a Google user clicks on the ad, the advertiser pays Google.
Now, Google is experimenting with a new model in a similar vein: pay-per-call. When you search on Google, you can press an icon that will automatically make a call to the advertiser. The call is free to the Google surfer; the advertiser pays for the call.
Unlike with pay-per-click, advertisers are willing to pay more for a phone call lead. "When you're taking inbound phone calls, it's effortless to manage lead generation and subsequent conversion to sales," says Chris Consorte, the CEO of Integrated Direct. Moreover, as Ari Jacoby, president of VoiceStar, points out, "Merchants pay only for calls received without writing big checks up front."
But with the online search business having become fiercely competitive, Google does not have a lead in pay-per-call. Microsoft (Nasdaq: MSFT - News) plans to offer its own solution, especially in light of its recent purchase of Teleo, a provider of voice over Internet protocol (VoIP) services. Yahoo! is experimenting with its own version.
Even brick-and-mortar players are in the game. Look at Verizon (NYSE: VZ - News), which in October introduced its pay-per-call service for its SuperPages.com portal. (The company has more than 1,000 different telephone directories in print.) Verizon has also put comparison shopping capability in the listings, such as from Motley Fool Stock Advisor recommendation eBay (Nasdaq: EBAY - News) and Fast Search.
The competitive structure comes as little surprise, given that the pay-per-call market looks particularly attractive. A recent study from The Kelsey Group forecasts that this will become about a $1.4 billion market by 2009.
While Google is likely to be a beneficiary of this trend, it definitely will not get a free ride. Finding more growth -- especially with intense competition -- is getting more and more difficult for the mighty Google.
Fool contributor Tom Taulli does not own shares of companies mentioned in this article.
mthead
I'm hesitant for the same reason you are, the incredibly limited history on this stock.
It's pretty cool technology with some impressive people backing it. I think it could be a real winner, especially after the holiday/cell phone giving season ends and people start using the service. Some exposure to the under 30 texting crowd would be great too.
If the stock does start to run then I won't mind chasing it.
Profit is profit!
Well it's definitely "turned around".
$1.88 the last time I checked.
Is it time to buy?
Another reason for its decline was all the shorting going on.
On the Canadian side, according to a press release from the Venture exchange, SME's short position increased from Sept 30th to October 15th by 258,848 shares to a total of 1,124,416.
On the U.S. side it was on the Reg SHO list for a few days because of a large NAKED SHORT position of over 230,000 shares. That was covered, or at least the naked shorters were able to locate shares to turn them into traditional shorters, on Monday.
You'll definitely get alot more information and discussion on the SME board at Stockhouse.
Thanks for the link.
RB is so screwy.
Without the link I couldn't see the board.
It won't let me add it to my favorites because I used to have TRPL as a favorite and it thinks I still have it.
I consider IHUB to be much better, it's too bad that it doesn't get the same traffic.
Anyway, I'll be paying close attention to what the MMs do and look for an entry point.
You'd think with all the good things going on with the company that management would be looking to improve their internal controls and start looking to get on a real exchange.
Harr449
Thanks for the Edgar site.
I usually go through www.sec.gov, but Edgar's format is a little better.
Do you have a link for the RB board?
I used to go to TRPL, but I can no longer find a message board for it or GCCP or GCCPE.
Thanks Harr449
It's difficult to get financial information about them.
Do you know:
How many shares they have outstanding?
How many are owned by insiders or large investors, therefore what the float is?
How much and what kind of debt the company carries?
How they paid for all of these acquisitions?
I haven't followed this one since it was Transportation Logistics
The European acquisitions look very exciting and it looks like the company could even make its $50 million revenue target for the year.
So with these positive developments why is the stock still so low?
According to the last 10Q I saw in September they had 47 million shares OS.
That means they're trading at about 1/10th of the potential 2005 revenue.
Is GCCP undervalued or are there problems that I'm not aware of?
Could someone give me a nice synopsis of what's been happening in the past year?
But there are lots of shareholders that aren't message board freaks like us.
They'll be finding out the the news when they get a call from their broker, or go online to check the price after work or even pick up the paper tomorrow morning to scan the business section.
This mess ain't over!
Thank god I'm a coward.
I got out at $1.91 a couple of weeks ago.
I was so worried I'd miss the "big news", but I just couldn't take the ride down any more.
Now I just feel lucky. Definitely not smart, just plain lucky.
I guess I should just be happy that I have nice conservative stuff like IPII.
Well that was quick! I got my answer
Shares will continue trading unless the OTCBB chooses not to, it's that simple. CTC is still an ongoing business.
However, any reorganization will undoubtedly see a major reverse split so expect to lose most of them.
I'm wondering what will happen at a buck?
Could there be a ton of shares waiting to be dumped by stop losses at that magic number?
This isn't just a falling knife, it's a damned sabre.
mikeo56 - IMPL/IPII
Just because its moving to the Nasdaq doesn't mean it's getting added to any index. The indices are made up of a few dozen or few hundred stocks, yet there are thousands of stocks trading on both Nasdaq's national and small cap markets.
If it goes up, and I've been holding for a while so I truly hope it does, it will be based on its own merits.
That symbol thing has me perplexed as well.
They had stated that the reason for the original change from IPII to IMPL was explicitly for the Nasdaq listing.
I guess some company with a bigger bankroll has that one reserved for the near future.
As for the shares outstanding, I calculate them to be 2,425,899. Just divide the total from the press release below by 4.
--------------------------------------
Form 8-K for IMPERIAL INDUSTRIES INC
8-Mar-2005
Other Events, Financial Statements and Exhibits
Item 8.01 Other Events.
On March 8, 2005, Imperial Industries, Inc. (the "Company") issued a Press Release announcing that the Company's Board of Directors authorized a one-for-four reverse stock split of it's common stock to be effective at the close of business on March 18, 2005. The Company currently has approximately 9,703,599 common shares outstanding.
We're going to the NASDAQ. Yippeeeeee!
Press Release Source: Imperial Industries, Inc.
Nasdaq Approves Imperial Industries, Inc. for Small Cap Market Listing Under Trading Symbol 'IPII'
Thursday April 28, 3:57 pm ET
POMPANO BEACH, Fla., April 28 /PRNewswire-FirstCall/ -- Imperial Industries, Inc. (OTC Bulletin Board: IMPL - News) announced today that the Nasdaq Stock Market approved the Company's application to list its common stock on the Nasdaq Small Cap Market, effective at the market opening on Monday, May 2, 2005.
The Company's ticker symbol on the Nasdaq Small Cap Market will be "IPII." Following the close of the markets on April 29, 2005, the Company's common stock will no longer be traded on the OTC Bulletin Board market under the "IMPL" ticker symbol.
S. Daniel Ponce, Imperial's Chairman of the Board, stated: "We believe that trading on the Nasdaq Small Cap Market is an important milestone for the Company and our shareholders and will ultimately increase awareness of the Company in the investment community and strengthen our investor relations by enhancing our exposure among those investors for which a Nasdaq listing is a preference, or regulatory requirement. The listing on the Nasdaq Small Cap Market will provide the Company's stockholders greater access to all current trading information and price quotations. We are pleased to be listed on the Small Cap Market and we will continue to focus on building value for our shareholders."
Imperial Industries, Inc., a building products company, sells products throughout the Southeastern United States with facilities in the States of Florida, Georgia, Mississippi and Alabama. The Company is engaged in the manufacturing and distribution of stucco, plaster and roofing products to building materials dealers, contractors and others through its subsidiaries, Premix-Marbletite Manufacturing Co. and Acrocrete, Inc. The Company through its subsidiary, Just-Rite Supply, Inc., is engaged in the distribution of the Company's manufactured products, as well as gypsum, roofing, insulation and masonry products manufactured by other companies. See our website at http://www.imperialindustries.com for more information about the Company.
The statements in this press release contain certain forward-looking statements, which are subject to risks and uncertainties. Such statements, including those regarding, among other things, the success of the Company's sales and marketing efforts, improvements in productivity, the Company's strategy and future prospects, are dependent on a number of factors, including market conditions and availability of financing, only some of which are within the Company's control. Actual results could differ materially from those currently anticipated due to a number of factors, including those set forth in the Company's Securities and Exchange Commission filings under "Risk Factors." A more detailed discussion of risks attendant to the forward-looking statements included in this press release are set forth in the "Forward- Looking Statements" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2004, filed with the Securities and Exchange Commission ("SEC"), and in other reports already filed with the SEC.
Joeiniowa & beigledog
Management stated that the symbol changed during the reverse split so that it would not have to be changed again when it starts trading on the Nasdaq.
It will NOT be on the National Market as the company is not yet big enough. It WILL be trading on the Small Cap Market.
Everything has been submitted by the company and they have also dealt with any issues that the Nasdaq folks have raised. We are simply waiting for a press release informing us of the final approval.
As it was in the case of CESV, we should be trading on the SC
2-3 days following the PR's release.
Next Friday will be 30 days since the reverse split
The reverse stock split is expected to position the Company's common stock to exceed the initial minimum per share market price requirements for listing on the Nasdaq Small Cap Market. The Company has filed its application with the Nasdaq to list the common stock for trading on the Nasdaq Small Cap Market. The Company believes it currently meets all listing requirements other than the minimum bid price per share of common stock. Following the reverse stock split, the Company anticipates it will obtain a listing of the Company's common stock on the Nasdaq Small Cap Market within approximately thirty (30) days.
I'm glad I don't have that shitty job.
FarmerJoe - I agree about China.
That's why I liked that little article (the link to the whole thing is at the bottom of that post)
It takes both the positive and negative into account and provides a nice perspective on what will be the world's number one economy by the end of this decade.
Why CTC should be cautious on China.
I've copied a couple of sections that I thought are very pertinent to any CTC JV with them:
11. There are hidden costs associated with doing business in China. Companies that engage with China must expect pressure to transfer their technology and thus create their own competition in the country. The Chinese use the carrot of their vast market to extract concessions from foreign firms that will help build China's industrial might. It is a policy worthy of grudging admiration. When viewed from the Chinese side, it has a long record of success.
Motorola virtually invented China's mobile-phone market. Its corporate archives show that the company knew that eventually the transfer of technology to China would sow formidable rivals. Nevertheless, Motorola decided its best strategy was to get into China early and to bring its best technology. The proof today is in the size and efficacy of the country's mobile communications network: Calls get through to phones in high-rises, subway cars, and distant hamlets -- connections that would stymie mobile phones in the U.S.
What no one at Motorola anticipated was how crowded the Chinese market would become. Nokia and Motorola now battle for market share in the Chinese handset business. German, Korean, and Taiwanese makers figure strongly. And all these foreign brands are now facing intense competition from indigenous Chinese phone makers. More than 40% of the Chinese domestic handset market now belongs to local companies such as Ningbo Bird, Nanjing Panda Electronics, Haier, and TCL Mobile. The domestic makers have become so strong that when Siemens found its mobile handset business in China wanting, it joined with Ningbo Bird to gain both low-cost manufacturing and a developed distribution channel. Yet Motorola can't exit the Chinese market. If it did, says Jim Gradoville, Motorola's vice president of Asia Pacific government relations, the Chinese companies that emerged would be the leanest and most aggressive in the world, and a company like his would have no idea what hit it. So Motorola stays. Already the largest foreign investor in China's electronics industry, Motorola plans to triple its stake there to more than $10 billion by 2006.
12. Piracy is a problem. Foreign companies have little defense against even outright theft of their technology in China. China's failure to police intellectual property, in effect, creates a massive global subsidy worth hundreds of billions of dollars to its businesses and people. By investing in the country's manufacturing infrastructure, by providing the expertise, machines, and software China needs to produce world-class products, the world is also helping assemble the biggest, most sophisticated, and most successful "illegal" manufacturing complex in the world.
Seen another way, China's loose intellectual property rules turn the tables on the Western colonial powers and the Japanese who throughout the nineteenth and early twentieth centuries violated China's land and people. As China grows into a great power, the wealth transferred into the country by expropriating intellectual property will propel it forward.
http://www.inc.com/magazine/20050301/china.html#jump14
Damn. This could mean a lot of cable & towers.
Since it's at the earliest stage right now, CTC should get its foot in the door as soon as possible.
-------------------------
Mar. 31, 2005. 07:10 AM
Ontario joins bid for power
Labrador project estimated to cost up to $6 billion
Partners with Hydro-Québec, SNC-Lavalin
RICHARD BRENNAN
Ontario has joined Hydro-Québec and SNC-Lavalin Group Inc. to bid on a multibillion-dollar hydro-electric mega-project in Labrador to produce cheap power for the province.
"Will we be successful at the end of the day? I don't know. But we would be fools to ignore the opportunity," Energy Minister Dwight Duncan said yesterday, adding it will take about a year to find out if the joint proposal is successful.
Duncan said the plan to build the two hydro-electric dams in Labrador could cost between $3 billion and $6 billion, but they would produce 2,824 megawatts — enough electricity for 2 million homes.
"To put this into perspective, this is the equivalent to all the coal-fired electricity generation from Lambton, Atikokan, Thunder Bay and one unit at Nanticoke. It is a significant amount of power," the energy minister said.
"The bottom line is it (would) provide us over a period of at least 50 years with a source of relatively inexpensive power," he said, guessing that electricity from the Labrador project could sell for as little as 5 cents a kilowatt.
Critics called the bid an act of desperation given that the Liberal government has promised to close all coal-fired generation plants by 2007, representing 7,500 megawatts in capacity.
"There isn't going to be 7,500 megawatts out of this deal ... and it won't provide any power until 2011," NDP Leader Howard Hampton said, adding that the money would be better spent on an energy efficiency strategy.
The joint proposal presented to the government of Newfoundland and Labrador includes two options. The deadline for the so-called expressions of interest, first issued in January, is today.The first option would see the Ontario Electricity Financial Corp. and Hydro-Québec form a joint-venture company to fund the development of the project, with Ontario owning one-third and Hydro-Québec the rest.
Ontario in turn would have the rights to one-third of electricity produced, or 945 megawatts — enough to power more than 550,000 homes.
SNC-Lavalin would be the lead contractor. The engineering and construction firm has offices across Canada and abroad and has extensive experience with building thermal, hydro and nuclear power plants, which produce more than 220,000 megawatts.
The joint-venture company would lease the two sites — a 2,000-megawatt hydro-electric project at Gull Island and an 824-megawatt complex at Muskrat Falls — from Newfoundland and Labrador for 50 years.
Under the second option, Ontario and Hydro-Québec would negotiate a power purchase agreement, with Ontario getting 945 megawatts from hydro-electric operations built and paid for by Newfoundland-Labrador Hydro.
"We are pleased that Ontario and Quebec are participating in our Expressions of Interest process," Newfoundland Premier Danny Williams said in statement issued yesterday.
Williams, who was unavailable to answer any questions, said in the statement that the process is intended to attract a range of proposals from all parties, including private companies, consortiums and other governments.
"Our goal is to identify and evaluate all potential viable options for the development of this clean, renewable energy resource," he said.
Duncan noted that Newfoundland was pleased to see that Ontario was involved, given that relations between Newfoundland and Quebec have not been smooth when it comes to sharing hydro-electricity.
Conservative MPP John O'Toole (Durham) said Duncan's announcement was "a clear admission that they are in trouble on the coal commitment for '07."
As part of the partnership, Hydro-Québec would also advance construction of a 1,250-megawatt interconnection with Ontario, allowing electricity to move easily between the two provinces, to be in service by 2009.
"In addition, Hydro-Québec has indicated a willingness to provide Ontario with 670 megawatts of power by 2011, which is representative of Ontario's share of Gull Island's expected power flows," Duncan said.
He said the proposal, if successful, would be a "major step" in reducing Ontario's reliance on fossil fuels.
Duncan noted that Ontario is still in negotiations with Manitoba to buy hydro-electric power from the western province, as part of what the energy minister would like to see become a national power grid.
GFCI - and they've cleaned out the forum as well.
Too bad. That was fun.
3M could buy us out of petty cash right now
According to the numbers at Yahoo Finance today, CTC's market value is now under $270 million, and 3M has $2.76 Billion in cash.
As well, insiders control less than 35% of CTC's stock and institutions have less than 1%.
A buyout by 3M would make a lot more sense than the continued investment in their own product and the market is preparing to hand CTC over to them on a silver tray.
OT - IPII~IMPL - Ameritrade/fee...
That's nuts!
My TD Waterhouse account still shows me holding the pre-reverse-split number of shares, but at least the quotes are up to date.
They'd better not try and ding me with the same kind of fee.
They're already the most expensive discount broker out there.
This isn't the BIG PR that IR was mentioning?
Was it?
This is just a confirmation of something that's already been discussed here. Like New York.
Does anyone plan on contacting IR to confirm that the big March PR will be more substantial (like a large sale?).
Clever Strategy - My 2 cents worth
If you buy puts, then like going long, the most you can lose is 100%. I've always preferred PUTS to actually shorting a stock for that very reason. Besides if a stock or index is looking so bad that you'd plan on betting against it and the price does go down, the percentage gains tend to be much higher with a PUT then a short position.
I originally posted this on VM, but it's more appropriate here.
Great reading about IVANHOE MINES (IVN.to) in Mongolia
Could it be the greatest resource play in history?
Unfortunately, it's no longer a microcap.
http://www.resourceinvestor.com/pebble.asp?relid=8555
Bobwins and others, great reading about IVN.to in Mongolia
Could it be the greatest resource play in history?
Unfortunately, it's no longer a microcap.
http://www.resourceinvestor.com/pebble.asp?relid=8555
EP - Thanks.
EP - Oh Great One.
Where do you see the floor for the currently plummeting SME.V (Stormcat Energy).
The fellas over on the Stockhouse board are afraid that the way it's falling our change of zip codes might be sending us to a much worse neighborhood.
Is there a term for the exact opposite of a boosh?
EP - Oh Great One.
Where do you see the floor for the currently plummeting SME.V (Stormcat Energy).
The fellas over on the Stockhouse board are afraid that the way it's falling our change of zip codes might be sending us to a much worse neighborhood.
TGA - Nitetrak
From today's PR:
Block S-1, Yemen (25.0% working interest)
Malaki #1, which commenced drilling on January 18, 2005, has reached a total depth of 2,315 meters. The well is being plugged and abandoned after encountering minor hydrocarbon shows. The Lam 'A' sandstone reservoirs were encountered structurally lower than the oil/water contact in the An Nagyah field and were water saturated. The drilling rig is preparing to move to the next drilling location at An Nagyah #15. The An Nagyah #15 well is planned as an 800 meter horizontal well in the northwest area of the An Nagyah field, adjacent to An Nagyah #12.
echos
If you keep buying most of the picks on this board then you will be able to say ""Take me to Len's house", and then pour myself a nice stiff drink." because you'll have your own chauffeur. ;)
EP - Could you analyze Stormcat Energy for me (SME.V)
Just how bad does it look?
EP - Could you analyze Stormcat Energy for me (SME.V)
Just how bad does it look?
By Tuesday, we'll all have the same information anyway - eom
Be careful FarmerJoe
Rattman doesn't like to hear stuff like that and may try to bite your head off.