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IGNE REVERSE MERGER in progress. up 25%..
Been spouting since .007 massive RM coming into LQWC . Do your DD and you'll see this could be one of those RMergers that does 1500%...no joke peeps....lqwc strong buy/swing targets .50s/1.00s
P.S Float is Tiny! 20 mill
I really don't understand...
There seems to be lots of excitement that INFT will multi-bag as a result of a possible RTO but it doesn't make sense to me... if INFT has an mcap of 2m for arguments sake & the other company one of 8m for example, it seems reasonable to expect the new company to be worth 10m, HOWEVER surely the terms of the RTO would alot INFT shareholders 20% of the new shares as this is the value of their contribution? Hence if all goes well the best INFT shareholders could expect is the same monetary value as they have now. In practice once reality hits home following the RTO without big gains being materialised is there not a strong likelihood of a mass sell-off and subsequent DROP in SP???
The other thing many LTHs often quote to instil confidence is the 'fact' that Gerwyn has supposedly invested half a million of his own cash... am I missing something but if you were owed that sort of sum by a company in terminal decline (as INFT appears to have been), couldn't converting a loan that you have no chance of otherwise getting back into shares simply be a last ditch attempt to at least recover a portion, however small, in the event of a RTO? ...as far as I can see he hasn't actually put in any cash whatsoever! ...Also this man runs 18 'companies' - what's that all about?
Finally a RTO is supposed to be very straightforward and quick - if he was going to do this with one of his many companies as widely claimed on the BB why wait until suspension - this could have been completed months ago which raises the question why not???
When I read up on RTOs a while back I got the distinct impression that the only advantage to the listed shell company was that they could recover at least some value to otherwise worthless shares.
Would be grateful if someone would enlighten me as I've clearly missed the plot on this one!
TIA
REALLY....YOU CHUMPS GONNA STEAL MY PROFILE AND PUT IT IN YOUR SHITTY IBOX???
https://touch.www.linkedin.com/?sessionid=1980655009267712&as=false&can=http%253A%252F%252Fwww.linkedin.com%252Fpub%252Fmichael-holigan%252F13%252F602%252F115&rs=false#public-profile/http%3A%2F%2Fwww.linkedin.com%2Fpub%2Fmichael-holigan%2F13%2F602%2F115
It appears MH is actively developing private financing for off balance sheet reporting. I don't know if the shell could be used as a special vehicle for parties who contribute Capitol or how we might benefit in any way as shareholders. Maybe you could think about it let me know what you think.
RMTD / TELOGIS REVERSE MERGER in the making $$$$$ Telogis is going to have an IPO this year $$$$$$
(GLER) RM Hawk Manufacturing, Inc. HAWK pending symbol change.
LOADING at 0.002...:-}
http://finance.yahoo.com/q;_ylt=AsZ8b6lHSdKyhcQgfKeQgdMnv7gF?uhb=&fr=uh3_finance_vert_gs&type=2button&s=gler
EFTI OOO7 250%+ R/M AROUND THE CORNER >> Info: Approx shares outstanding is 180M. A/S is 750M. Stock is Active on FL SOS....link here...
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail/EntityName/domp-p97000067689-36f7c866-b203-419a-a7c6-6b3e468a2e00/EarthFirst%20Technologies/Page1
This officer used to own USEI which ran to .012+ recently. This one has potential as well at some point in the future. This will be a long term hold for me with future potential.
Here is the 15-12G filing...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7955049
Hey Bama...it's a complete pleasure to see your name on my screen!... consider your hand shook bud ;)
The answer is 99.9% yes ...and that's a very interesting idea actually. I'd like to get a 2nd opinion from EI to hear his thoughts before I get too excited...he sees things (pro & con) many don't ...but I think its a go.
I'll get back with you Bama.
"To start a private equity fund for off balance sheet lending to home builders." That was the exact wording. This was a 2014 goal.
56, whats up my friend. Question. Could the PFOB shell be used as a SPAC or special purpose vehicle for private equity investment? More specific, for the purpose of construction loans to developers for off balance sheet accounting?
News From NVAE Today!
Regus Advisors Announces Reverse Merger of Savanna East Africa, Inc.
Algae International Group Inc. becomes public company.
Dallas, TX (PRWEB) November 05, 2012
Regus Advisors Inc., (http://www.regusadvisors.com) a private global Investment Banking firm, announced today the completion of a Merger Agreement and Plan of Re-Organization (“Reverse Merger”) between Savanna East Africa, Inc. and Regus client, Algae International Group, Inc. (AIGI) http://www.algaeplanet.com. The public Company will change its name to Algae International Group, Inc., along with a new ticker symbol and cusip number will be forthcoming.
right on Bama... good to see you. MH is a smart cookie..good guy... and yes long year for sure :(
Hey 56. I am now friends on FB with MH. It is a new perspective for sure. I will let you know if I see anything foretelling. This year is a wash in my opinion. Mayne something happens in the future.
Good to hear from you Bama...sounds like you've had your hands full on the housing situation. I'm sure your family is excited about a possible new house but it means alot of work for dear old dad to make it happen lol.
My never ending house project is coming along slowly but surely. I had to slow down on the spending this past year so I turned my attention to labor intensive yard work..building retaining walls filling in dirt flower beds privacy fences lawns trees shrubs sprinkler system and on and on it goes lol. The house market here is still depressed so I'm in no big rush to get it done maybe I can sell it by 2020 lol...
thanx for letting me know your hanging in there Bama
good luck on your projects!
later
56
56, hey man I'm still around. We are in the process of purchasing a possible foreclosure so i have been busy preparing our current house for sale. I still hold my positions in PFOB and AICPQ. I dont think MH is going to make a move this year. I could be wrong but he seems to be establishing a substantial awareness campaign. Nothing wrong with that I guess. AICPQ will most likely make a move sooner than PFOB. Hope you are well. How is the investment project?
BOLL 900% yesterday issued all current filings 03/27/2012 super low float this is a $10 stock!!!! Way undervalued
It is to late. Historically no fiat currency has existed more than 47 years before it destroyed itself by devaluation. The US dollar became a total fiat currency in 1972 when Nixon took us off the remaining gold standard and publicly uttered the phrase, "we are all Kensian's now." You do the math and we have run out of time. Here is a seven minute explanation how this scheme wipes out the middle class and destroys itself.
http://geraldcelentechannel.blogspot.com/2011/09/fiat-money-scheme-explained.html?m=1
watched it....he makes good sense. More each day are feeling this way Bama...scary stuff. We cannot continue financially down this path.
PM me you email again. I have some supportive info for you and EI.
Glad to hear it Bama. Hope you guys can stay tornado free this summer!
I know exactly who you're referring to re; the divorce.
My house remodel continues on slow and steady. Couldn't work outside on it much this winter..too much rain here in Oregon (there's a reason the Universitys'of Oregon's mascot is a web footed Duck).
MrHolty just emailed me the 2011 financials on AICPQ. He's an insurance financial doc whiz. They're a horse of diff color and not for the average joe to sort out. In a nutshell the estate is down $1M in assets from last year but the good news is liabilities are down by $2M which is what you want to see. Why good? Liabilities are evaporating twice as fast as assets which means liabilities will go away before the assets are gone. Granite Re remains to be the problem for us (and conversely we're the problem for them because of priority) but since they're the smaller of the 2 claims they would be the ones that need to go away first. It's a real pain to wait this out ...I'm growing weary ugh but some investor will see this situation and buy his claim...the minute they do they'll buy every share of aicpq they can get their hands on. I still think we're looking at more than a dollar or 2 but if it happened tomorrow I'd take fifty cents lol. I'd like to move on...sure you would too.
I or MrHolty will post the financials soon on the board.
I do think we're not that far off for PFOB to do it's thing.That board is a testiment to your leadership...calm demeanor...and patient. I've had a problem with my pacer acct and fell behind on pfob doc reporting. I pay it automatically each month but they said my card expired and they cancelled my acct...turns out they had the right month on their records but wrong year..sheesh. Since I didn't have any other active cases I was working on I've been slow to re-establish the acct. I'll get on the stick and do it ;) I know folks on the board would like fresh info..and so would I.
good to hear from you Bama...consider your hand shook bud.
56
Been doing fine 56. The wife and are emplimenting a new sleep strategy for the girls this week in order to get them in bed earlier. Its working so far. Other than the typical work and school schedule we have been trucking along. Hope everything is well out your way. Hope you've made a little money maybe. I have remained steadfast but dormant.
I was right regarding the divorce issue. She has already remarried. In case you forgot what I am referring to it is in relation to one of our investment prospects. Doesn't seem to have slowed progress any so I believe we are in the clear. Warmer months means you will need to finish that investment property. How is that project?
Anything developing on AICPQ?
REVERSE MERGER GBTR
+ Equities.com R/M + 1:4 R/S
THE ENTIRE GATOR NATION is behind TEBOW!!
I BELIEVE! I believe like TEBOW that he can make it all the way to SUPERBOWL 46.
It may be destined for DENVER to win it all this year!
It's the Playoffs. All bets are off. WIN OR GO HOME!!!
GO TEBOW, GO BRONCOS....buck those patriots off your back!!!
'Double G'
Happy new year. Sorry in the delayed response. The end of 2011has been hectic. So you did some buying recently of PFOB. Hopefully we get a trademark designation soon and maybe we are cleared for take off if MH pursues his asset.
Hey 56. Yep, I think the girls are in for a great Christmas. We have everything purchased I just need to put it together and wrap it. Hope everything is going well out west for you. I look forward to next year and maybe a first quarter surprise with PFOB. Any thing new AICPQ?
No PM but yeah, I understand what your saying there are a lot of peeps
who have a lot of passion and get all strange with any posts not happy for the stock...
I just follow the science and the people and try to come to a logical
conclusion. I put a lot of footwork on the board trying to lead folks to the water but will not make them drink. oh and that link the guy was on the sec panel on otcc bb dtcc issues a few months back.(I think)
Talk about putting a halt to trading in the penny markets DTCC has done that little thing. They added another level of research prior to getting into a play and to me if it is on the board as a tic then by god we should be able to trade it. It is unfair to the regular trader to have to worry that your buying a non dtcc stock and get the zecco slap..
well rambling got to run. no prob on your post there is a lot of
things when it comes to a rm that has to be addressed. and then you have a bucket load of consumers who have the product in action in there own life with medical records stored on the mmrglobal sites.
so there will be enough heads up on the outer fringe to get a wiff of a actual rm play. but that is not the reason i got in I see the
product as solid and connections that are solid now just to beat away the shorts and watch it grow. time will tell
Pilot
I would hope so...MH & Co have put ALOT of hard work into this to date. Nothing was given to them they haven't earned. I have one more reason to never drink PomWonderful...I know the kind of people behind the product now. Amazing what you learn when you study stocks eh!
Maybe they have a good feeling about the trademark proceedings and outcome.
Absolutely encouraging! This is month 12 since MH bought the shell....we could be on the cusp ;)
I notice we have received several days of buying activity on PFOB. Encouraging if said trend continues.
BLKU - Latitude Global, Inc. Announces Merger Agreement With Public Company (11/30/11)
JACKSONVILLE, FL--(Marketwire - Nov 30, 2011) - Latitude Global, Inc., ("LGI" or "Latitude Global"), a privately-held entertainment company in Jacksonville, FL signed a definitive agreement on November 10, 2011 to merge with a publicly traded company, Blink Couture, Inc. (PINKSHEETS: BLKU). LGI is a full service entertainment corporation founded in 2009.
LGI offers the latest in cutting-edge entertainment venues that include state-of-the-art video games, luxury bowling lanes, movie screening rooms with food service, a Vegas-style showroom, a high-tech sports bar and a variety of Nuevo-American casual dining areas. On the heels of public offerings of companies offering similar, one or two dimensional venues, LGI continues to develop superior, next-generation family entertainment centers, where studies show that many markets are under-served for revolutionary establishments of this type. Recent research suggests that there are as many as 60 cities in the United States alone that could support a family entertainment "Latitude-type" facility. Latitude Global plans to open ten additional venues within five years and is well positioned to take advantage of the distressed commercial real estate market. LGI has had the ability to acquire its first three locations at prices that are significantly below replacement cost (land + site development + shell) while existing competitors have higher legacy real estate costs (whether leased or owned) that reflect much higher market valuations. LGI believes it is poised to capitalize on a 'once-in-a-generation' real estate opportunity and deliver multi-dimensional entertainment destinations in desirable "A" locations that provide an upscale menu, multiple entertainment options including live shows in ultra-modern facilities.
President of Latitude Global Gregory Garson said, "We are extremely pleased with the proposed merger with Blink Couture as it affords us the significant opportunity to move forward with our plans for national expansion beyond our second and third locations in Indianapolis, IN and Pittsburgh, PA. Our goal is to expand to 10 locations over the next 3-4 years and this merger with Blink Couture and partnering with Regent is designed specifically to help us achieve these goals."
The agreement with Blink Couture was reached through negotiations with the company and Regent Private Capital, the majority shareholder of Blink Couture. The Managing Director of Regent Private Capital is Lawrence D. Field. Mr. Field commented, "We are excited to be associated with the next generation of family entertainment centers and look forward to our future relationship."
Brent Brown, Latitude Global CEO, concluded, "Our anticipated merger with Blink Couture is consistent with our growth plan. It falls in line with our plan to expand nationally and we believe will assist our company in its access to capital, national visibility and provide liquidity to our investors."
Upon closing of the anticipated merger, the current stockholders of the Blink Couture will retain ownership of 5% of the issued and outstanding shares of the company's common stock and the LGI stockholders, collectively, will acquire 95% of the issued and outstanding shares of the company's common stock, on a fully-diluted basis. Additionally, in connection with the merger, the majority of the outstanding convertible notes of Latitude Global will be converted at closing into shares of Blink Couture common stock at conversion prices dependent on certain factors as established in the merger agreement.
The closing of the merger is subject to certain deliverables by LGI as well as other customary conditions. Following the merger, LGI will seek to change the company's name and will announce the new ticker symbol as soon as practicable. In addition, LGI has agreed to use its best efforts after the closing of the merger, subject to the approval of the Board of Directors and its stockholders, to affect a forward split of the issued and outstanding shares of the company's common stock, in the range of a 4:1 to 6:1 forward split. Should a forward spilt be effected, certain convertible notes held by Regent will be exchanged for common stock in the range of $1.20 to approximately $9.00 per share. No assurances can be given, however, that a forward split will be affected in that range or at all. For complete details regarding the Agreement and Plan of Merger please read the 8-K filed on November 14, 2011 at http://sec.gov/Archives/edgar/data/1378125/000114420411063809/v240320_8k.htm.
For more information on Latitude Global, please visit www.Latitude-Global.com.
About Latitude Global, Inc.
LGI is a privately-held, independent, full-service entertainment company founded in 2009 to plan, acquire, develop, construct and operate state-of-the-art, 40,000 to 100,000 square foot premier entertainment venues. LGI and its future locations, fuse the magic of an exceptional food & beverage experience with multiple entertainment options in an upscale and contemporary designed venue. Latitude 30 (www.Latitude-30.com), the flagship location opened in January 2011, with Latitude 39 in Indianapolis, IA slated to open in early 2012 and Latitude 40 in Pittsburgh, PA later in the year. To watch a 2 minute LGI video overview, please visit
BLKU and Latitude Global, Inc to merge (11/10/11)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69399515
LUXD Filing and Reverse Merger anticipated next week.
LUXD filings have historically always been on time and they are due next week.
Lux Digital Pictures, Inc (LUXD), expecting Reverse Merger update/filing by the end of this month. Current O/S from the recent S-8 was 67M shares. Insiders own 70-80% of that O/S, which leaves a float between 15M and 20M.
Recap
From the recent 10Q:
Liquidity and Capital Resources
The Company is currently in negotiation to do a reverse merger with a larger Company with far greater liquidity then Lux. The Company has no, current, off balance sheet arrangements and does not anticipate entering into any off balance sheet arrangements that are reasonably likely to have a current or future effect on our financial condition. The Company has no agreements in place with its shareholders, officer and director or with any third parties to fund operations. The Company has not negotiated nor has available to it any other third party sources of liquidity.
Great video and Bass is absolutely right. The whole system is insolvent and must reset. A central banking system issuing fiat currency will fail. Unfortunately all industrialized nations do not get the "to big to fail" option.
Thanks 56 but my wife is one who spoils them with elaborate birthday parties and girlie hair bows. She is a much better mom than I am a dad. We a blessed to say the least.
A shetland pony is perfect!! ... You're one heck of a good daddy Bama! I'm jealous you've still got little ones to enjoy...my daddy days went by in a flash...best days of my life!
My daughter has a Shetland pony....just a petting horse. Still...feeding here is expensive.
Oh man Bama I totally forgot about the PM ability lol...sheeesh I knew that! stuck on stupid here...sorry.
Ya Fresian horses are quite an item in the horse world...but they eat and pooh like any old horse... lol...
Hey 56. Man those are an impressive breed of horse. My supervisor shows horses. I think he calls it western pleasure.and they have quarter horses. Sorry about responding over here but I don't have PM capability. We can talk here because people rarely post here anyway.
LOCN possible r/m coming days. Chart+vol. Breakout + otcbb up listing+ clean Shell+ 10m float + full reported.
BONPgoin anyday now
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What is a Reverse Merger?
Using the simplest form of analogy, a reverse merger is like a guppy swallowing a whale. After the guppy digests the whale, it still looks like a guppy on the outside, but is now a whale on the inside. In corporate terms, this is accomplished through the purchase and/or exchange of equity securities. The following illustrate the basic premise of a reverse merger transaction:
\
A private operating company (the whale) wishes to go public via a reverse merger. The private company is owned by its original founders and has ongoing business operations.
PRIVATE COMPANY
3 shareholders (original founders)
Has assets, liabilities, revenues and ongoing operations
Desires to be publicly traded
l
After developing a strategic plan for a reverse merger, the private company identifies a suitable public shell company (the guppy) with no assets, liabilities or ongoing business operations.
PUBLIC SHELL COMPANY
150 shareholders
$0 assets, $0 liabilities and no ongoing operations*
Looking for suitable business with ongoing operations
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