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what a bunch of whining little cunts on the dat traders board,I see IHUB does not believe in the first ammendment so fuck you little cunts,you can dish it out but can't take it back.
DC---man of my word,if it has not at least tripled by then I will never post here again how's that?
MBA Holdings Inc (MBAH.OB)
company website (www.mbadirect.com)
Quarterly Revenues remains steady (at about $5M per year) while operating expenses are dropping and net loss is in a steady trendline down which confirms what I was told by the company. In other words, they said they are moving towards profitability and if the quarterly trend continues it may be next quarter they start to book profits and send this stock much higher. Based on their increase in relationships with major insurance companies, the expectation is reasonable now that their client acquisition costs are dropping. Tapping into existing client pools of major companies is more cost efficient than trying to directly market yourself and that is what MBA is doing. Combined with their indication they are in serious negotiations to acquire another company with an already profitable bottom line they think will put them into an immediately profitable revenue position and you have a very cheap entry into an insurance company setting itself up for a growth spurt. They said this acquisition is on the table now, so that means if we hear news soon and they confirm that the numbers turns them profitable or very close to it, that means this quarter the stock will take a decisive turn upwards, probably above 0.20 for good.
I recommend reviewing the company website (www.mbadirect.com) once again since you will see they are highly operational. They have a load of customer testimonials that indicate they make timely payments on claims which is a good indication of liquidity and solvency. I say that, but I am not entirely certain if they provide the claimants their monies and then are reimbursed by the insurance carrier, so I will try to clarify that for the future. For a better grasp of their business model and how they are able to leverage their contractual relationships with the big insurance companies, read this excerpt from the 10Q:
"Revenue Recognition
The Company receives a single commission for the sale of each mechanical breakdown insurance policy ("MBI") that compensates it both for the effort in selling the policy, and for providing administrative claims services as required. The Company has no direct liability for claims losses on MBI. It acts as the issuing insurance company's agent in these transactions. The Company apportions the commissions received in a manner that it believes is proportionate to the values of the services provided. The revenues relating to policy sales are recorded in income when the policy information is received and approved by the Company. The revenues related to providing administrative claims services are deferred and recognized in income on a straight-line basis over the actual life of the policy.
A vehicle service contract ("VSC") is a contract for certain defined services between the Company and the purchaser. The Company reinsures its obligations by obtaining an insurance policy that guarantees its obligations under the contract. In accordance with Financial Accounting Standards Board Technical Bulletin 90-1, " Accounting for Separately Priced Extended Warranty and Product Maintenance Contracts", revenues and costs associated with the sales of these contracts are deferred and recognized in income on a straight-line basis over the actual life of the contracts."
It is definitely true that the company must continue to work hard for its income as it is a service administration type business. I've been told they are very actively working on building further income producing relationships in addition to the aforementioned acquisition. The 10Q definitely shows it is an active business with hurdles to clear to achieve profitability, but one of the items that struck me as a very good building block was:
"The Company does not have any outstanding debt or long-term receivables. Therefore, it is not subject to significant interest rate risk."
This is important to note as they are an OTC with significant revenues and they are not negatively leveraging themselves into a toxic debt situation like so many other companies. Whereas this is a bread and butter business, many OTC companies with the latest gee whiz idea hock themselves to bad financing deals in order to grow and most of them don't make it out of the pit of debt they dig for themselves. With MBAH, the situation seems more direct and and achievable on a real world basis in that they have a real income producing business and they can pay their bills while they groWW
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
MBA Holdings Inc (MBAH.OB)
company website (www.mbadirect.com)
Quarterly Revenues remains steady (at about $5M per year) while operating expenses are dropping and net loss is in a steady trendline down which confirms what I was told by the company. In other words, they said they are moving towards profitability and if the quarterly trend continues it may be next quarter they start to book profits and send this stock much higher. Based on their increase in relationships with major insurance companies, the expectation is reasonable now that their client acquisition costs are dropping. Tapping into existing client pools of major companies is more cost efficient than trying to directly market yourself and that is what MBA is doing. Combined with their indication they are in serious negotiations to acquire another company with an already profitable bottom line they think will put them into an immediately profitable revenue position and you have a very cheap entry into an insurance company setting itself up for a growth spurt. They said this acquisition is on the table now, so that means if we hear news soon and they confirm that the numbers turns them profitable or very close to it, that means this quarter the stock will take a decisive turn upwards, probably above 0.20 for good.
I recommend reviewing the company website (www.mbadirect.com) once again since you will see they are highly operational. They have a load of customer testimonials that indicate they make timely payments on claims which is a good indication of liquidity and solvency. I say that, but I am not entirely certain if they provide the claimants their monies and then are reimbursed by the insurance carrier, so I will try to clarify that for the future. For a better grasp of their business model and how they are able to leverage their contractual relationships with the big insurance companies, read this excerpt from the 10Q:
"Revenue Recognition
The Company receives a single commission for the sale of each mechanical breakdown insurance policy ("MBI") that compensates it both for the effort in selling the policy, and for providing administrative claims services as required. The Company has no direct liability for claims losses on MBI. It acts as the issuing insurance company's agent in these transactions. The Company apportions the commissions received in a manner that it believes is proportionate to the values of the services provided. The revenues relating to policy sales are recorded in income when the policy information is received and approved by the Company. The revenues related to providing administrative claims services are deferred and recognized in income on a straight-line basis over the actual life of the policy.
A vehicle service contract ("VSC") is a contract for certain defined services between the Company and the purchaser. The Company reinsures its obligations by obtaining an insurance policy that guarantees its obligations under the contract. In accordance with Financial Accounting Standards Board Technical Bulletin 90-1, " Accounting for Separately Priced Extended Warranty and Product Maintenance Contracts", revenues and costs associated with the sales of these contracts are deferred and recognized in income on a straight-line basis over the actual life of the contracts."
It is definitely true that the company must continue to work hard for its income as it is a service administration type business. I've been told they are very actively working on building further income producing relationships in addition to the aforementioned acquisition. The 10Q definitely shows it is an active business with hurdles to clear to achieve profitability, but one of the items that struck me as a very good building block was:
"The Company does not have any outstanding debt or long-term receivables. Therefore, it is not subject to significant interest rate risk."
This is important to note as they are an OTC with significant revenues and they are not negatively leveraging themselves into a toxic debt situation like so many other companies. Whereas this is a bread and butter business, many OTC companies with the latest gee whiz idea hock themselves to bad financing deals in order to grow and most of them don't make it out of the pit of debt they dig for themselves. With MBAH, the situation seems more direct and and achievable on a real world basis in that they have a real income producing business and they can pay their bills while they groWW
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
OK---MBA Holdings Inc (MBAH.OB)
company website (www.mbadirect.com)
Quarterly Revenues remains steady (at about $5M per year) while operating expenses are dropping and net loss is in a steady trendline down which confirms what I was told by the company. In other words, they said they are moving towards profitability and if the quarterly trend continues it may be next quarter they start to book profits and send this stock much higher. Based on their increase in relationships with major insurance companies, the expectation is reasonable now that their client acquisition costs are dropping. Tapping into existing client pools of major companies is more cost efficient than trying to directly market yourself and that is what MBA is doing. Combined with their indication they are in serious negotiations to acquire another company with an already profitable bottom line they think will put them into an immediately profitable revenue position and you have a very cheap entry into an insurance company setting itself up for a growth spurt. They said this acquisition is on the table now, so that means if we hear news soon and they confirm that the numbers turns them profitable or very close to it, that means this quarter the stock will take a decisive turn upwards, probably above 0.20 for good.
I recommend reviewing the company website (www.mbadirect.com) once again since you will see they are highly operational. They have a load of customer testimonials that indicate they make timely payments on claims which is a good indication of liquidity and solvency. I say that, but I am not entirely certain if they provide the claimants their monies and then are reimbursed by the insurance carrier, so I will try to clarify that for the future. For a better grasp of their business model and how they are able to leverage their contractual relationships with the big insurance companies, read this excerpt from the 10Q:
"Revenue Recognition
The Company receives a single commission for the sale of each mechanical breakdown insurance policy ("MBI") that compensates it both for the effort in selling the policy, and for providing administrative claims services as required. The Company has no direct liability for claims losses on MBI. It acts as the issuing insurance company's agent in these transactions. The Company apportions the commissions received in a manner that it believes is proportionate to the values of the services provided. The revenues relating to policy sales are recorded in income when the policy information is received and approved by the Company. The revenues related to providing administrative claims services are deferred and recognized in income on a straight-line basis over the actual life of the policy.
A vehicle service contract ("VSC") is a contract for certain defined services between the Company and the purchaser. The Company reinsures its obligations by obtaining an insurance policy that guarantees its obligations under the contract. In accordance with Financial Accounting Standards Board Technical Bulletin 90-1, " Accounting for Separately Priced Extended Warranty and Product Maintenance Contracts", revenues and costs associated with the sales of these contracts are deferred and recognized in income on a straight-line basis over the actual life of the contracts."
It is definitely true that the company must continue to work hard for its income as it is a service administration type business. I've been told they are very actively working on building further income producing relationships in addition to the aforementioned acquisition. The 10Q definitely shows it is an active business with hurdles to clear to achieve profitability, but one of the items that struck me as a very good building block was:
"The Company does not have any outstanding debt or long-term receivables. Therefore, it is not subject to significant interest rate risk."
This is important to note as they are an OTC with significant revenues and they are not negatively leveraging themselves into a toxic debt situation like so many other companies. Whereas this is a bread and butter business, many OTC companies with the latest gee whiz idea hock themselves to bad financing deals in order to grow and most of them don't make it out of the pit of debt they dig for themselves. With MBAH, the situation seems more direct and and achievable on a real world basis in that they have a real income producing business and they can pay their bills while they groWW
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
look back in about 30 days and say that,people like you don't need to make money and thats for sure.
Screamin' Eagle Warranty program and a comprehensive extended motorcycle warranty program for all lines of motorcycles, will begin by July 15, 2004.
MBAH-from PR-Screamin' Eagle Warranty program and a comprehensive extended motorcycle warranty program for all lines of motorcycles, will begin by July 15, 2004.
StockGate: Berlin Exchange Welches Again On Promise; Schwab Says Sayonara
Thursday , July 15, 2004 00:55 ET
Jul 15, 2004 (financialwire.net via COMTEX) -- (FinancialWire) Add Force Protection (OTCBB: FRCP) and Cyber Digital Inc. (OTCBB: CYBD) to what is now becoming a list of companies such as XRAYMEDIA (OTCBB: XRYM) that the Berlin-Bremin Stock Exchange has flatly turned down their demands for delisting, welching on a public promise made to FinancialWire that it would delist any company that requested it.
At the same time, Charles Schwab & Co. (NYSE: SCH) is exiting the market-making business. It is one of several market makers that have been the subject of accusations and/or legal entanglements over naked shorting allegations and issues.
The company had said it is either the number one or number two market-maker in more than half of all of NASDAQ's (OTCBB: NDAQ) listed stocks.
Recently observers were surprised to find a comment letter submitted to the SEC by Mike Alexander, Senior VP of Charles Schwab, that admits outright that brokerages regularly ignore rules and regulations, saying it is not rules that need to be written; it is changes in behavior that is needed.
The comments were directed towards proposed changes in the U.S. settlement system, but could easily apply to other regulations as well.
"Improvements in the U.S. settlement system will only be truly achieved if and when regulations are rationalized to ensure that all market participants are held accountable for compliance. For example, the industry has struggled with the issue of institutional trade affirmation for quite some time now. While the benefits to the clearance and settlement system are self-evident, Buy-Side firms and Custodian banks have been resistant to make those changes that provide for same-day trade confirmation / affirmation and assurance of trade settlement," said Alexander.
"Schwab opposes the notion that securities intermediaries such as broker-dealers be required to police compliance," he stated. "The NYSE and other SROs have had trade affirmation rules on their books for some time. However, such rules have not been effective in changing the behavior
of Buy-Side firms or their custodians; nor do the rules provide assurance that the affirmed trade will settle.
"Recognition of this fact is evidence that changes to the settlement cycle not only require overhauling systems, but also changing behavior. We believe that only by holding all market
participants directly accountable for making required affirmations will the necessary changes to behavior," he stated at http://www.sec.gov/rules/concept/s71304/charlesschwab061604.pdf .
In a June 23 release, the SEC stated it has put into place Rule 202(T), which establishes procedures to allow the Commission to temporarily suspend the operation of the current "tick" test in Rule 10a-1, and any short sale price test of any exchange or national securities association, for specified securities.
Through a separate order, the Commission will suspend, on a pilot basis for a period of one-year, the tick test provision of paragraph (a) of Rule 10a-1, and any short sale price test of any exchange or national securities association, for approximately one-third of stocks in the Russell 3000 index.
The order also will suspend, on a pilot basis for a period of one year, the tick test provision of paragraph (a) of Rule 10a-1 for short sales executed in any security included in the Russell 1000 index after 4:15 p.m. Eastern, and all other securities after the close of the consolidated tape, and until the open of the consolidated tape the next day.
The pilot will commence on January 3, 2005 to permit broker-dealers and self-regulatory organizations to make the necessary programming adjustments.
The Commission deferred consideration of the proposal to replace the current "tick" test of Rule 10a-1 with a new uniform bid test. The Commission could reconsider any further action on these proposals after the completion of the pilot.
Rule 203, which will incorporate current Rule 10a-2 and will create a uniform Commission rule requiring broker-dealers, prior to effecting short sales in all equity securities, to "locate" securities available for borrowing.
There will be limited exceptions from the locate requirement, including for short sales by registered market makers in connection with bona-fide market making.
Rule 203 also imposes additional requirements on designated "threshold securities." Rule 203 defines a threshold security to mean an equity security for which there is an aggregate fail to deliver position for five consecutive settlement days at a registered clearing agency of 10,000 shares or more and that is equal to at least 0.5% of the issue's total shares outstanding.
Where a clearing agency participant has a fail to deliver position in threshold securities that persists for ten consecutive days after settlement, the participant must take action to close out the position. Until the position is closed out, the participant, and any broker-dealer for which it clears transactions, may not effect further short sales in the particular threshold security without borrowing or entering into a bona fide arrangement to borrow the security.
Rule 203 will become effective 30 days after publication with a compliance date of January 3, 2005, to permit firms to make programming and procedural adjustments.
Rule 200, which among other things, will redesignate current Rule 3b-3 with some modifications to define ownership and aggregation of securities positions, and include a requirement to mark all sell orders in all equity securities. Rule 200 will become effective 30 days after publication.
The Commission also adopted amendments to Rule 105 of Regulation M to remove the current shelf offering exception, and issued interpretive guidance addressing sham transactions designed to evade the rule.
The amendment applies to short sales effected within five days prior to the pricing of a shelf offering. Such short sales may not be covered with offering securities purchased from an underwriter or other broker-dealer participating in the offering.
The Rule 105 amendments will be effective 30 days after publication in the Federal Register, and the interpretive guidance will be effective upon such publication.
Opponents of naked short selling were, however, quick to denounce the provision that allows market makers an exemption, and many market observers said that the SEC should provide a public list of companies that fall into the "threshold security" category.
"The SEC claims that the number of companies involved in this 'threshold security' category is 4% of all publicly traded companies. If in fact it is that small the process is certainly manageable," said the website InvestigatetheSEC.com at http://www.investigatethesec.com . "It is also the right of every issuer, in protecting their business and their investors to know the status of their stock trading."
Some were discussing whether the SEC can keep such information private under the Freedom of Information Act.
The marketplace is already upset over promises by the Berlin Stock Exchange, since broken, that it would delist any company upon request.
"Please understand that cessation of trading in the shares of XRAYMEDIA Inc. (OTCBB: XRYM) is not possible," the exchange told one such requester.
It's not just U.S. companies such as Whistler Investments (OTCBB: WHIS), Sonoran Energy (OTCBB: SNRN), Celsion Corporation (AMEX: CLN), and eLinear Inc. (AMEX: ELU) or Israeli companies that have had serious concerns about their unannounced and unathrorized listings on the Berlin-Bremen Stock Exchange.
Apparently, some 150 British companies are protesting the same fate.
A number of UK-listed companies have demanded a London Stock Exchange investigation after they found that their shares are being traded.
Meanwhile, Whistler, Sonoran and eLinear have announced they have successfully secured their delistings, and the U.S. Securities and Exchange Commission has rescheduled its open hearing to consider the adoption of amendments to Regulation Sho to July 15 at 9:30 a.m. The announcement is at http://www.sec.gov/news/digest/dig061504.txt .
According to the London Money Telegraph, "several companies believe the market for their shares has been distorted and that they have fallen in value after trading started on the Berlin-Bremen exchange.
"Some smaller companies, whose shares are lightly traded in London, fear the Berlin market has been used by speculators to short-sell their shares."
The Telegraph said the number of companies are thought to be as high as 150, including even "larger companies" such as Matalan (OTC: MATNF) and Halfords.
Mladen Ninkov, the chairman of Aim-listed Griffin Mining (OTC: GFNMF), was quoted as saying: "We were put on the Berlin market without our knowledge by a German broker and now we've got about 8m shares out in a short sale. It is horrifying - that is about 4 per cent of the company and it is forcing the price down."
A spokesman for the London Stock Exchange said: "If there is evidence of market abuse we would refer that on to the appropriate authorities."
Whistler said that according to its transfer agent records, "we have 5,504,680 shares held by DTC, but the ADP broker search indicates of 6,217,458 shares being reported by broker/dealers as being held on behalf of their customers, indicating a short position of more than 700,000 shares. A summary report can be viewed at http://www.whistlerinvestments.com/shorts.html .
http://www.knobias.com/individual/public/news.htm?eid=3.1.e61c61a0be49c86e748a6ebf2ffcc9699a2c56735e...
MBAH....best pick in the pennies imo...radar and see over the next week or so.
news coming for MBAH...see whats happening????
WLDI--news just released--World Am Announces Two Weapons Control Systems Order
7/14/2004 12:32:00 PM
WESTMINSTER, Colo., Jul 14, 2004 (BUSINESS WIRE) -- World Am Communications, Inc. (WLDI) (www.world-am.com), whose wholly owned subsidiary, Isotec, Inc. (www.isotecinc.com), conceives, develops and markets state-of-the-art security systems, announced today that it has received an order for two weapons control systems from a Delmarva (Delaware/Maryland/Virginia) area banking institution.
According to Paul Labarile, of Isotec: "Our dealer tells us this order represents a retro-fitting of two of their customers' locations. There is also a third unit being considered which we believe may be approved in the near future."
James Alexander, World Am CEO said, "We are pleased that this customer (represented by a relatively new dealer) has selected an Isotec weapons control system to augment security at two of its locations."
Isotec Inc. is best known in the security industry for its "Transparent Security(TM)" systems, which it conceived and developed.
Transparent Security is a registered trademark of Isotec, Inc. All other company or product names are registered trademarks or trademarks of their respective owners.
MBAH---a stock option program for employees gives the employee the chance to buy into the company they work for at a stock price set by the co: they work for but must be according to law! (the shares purchased by the employee cannot be sold outside the company!) this is law! employees can sell shares but (they must be sold back to the company) then offered by the company to the next elligable employee hence the name( employee stock option program) shares orrered by this program can never be sold outside the company it is strictly a employee option and they must stay within the company! their value goes up along with ours, but must stay among the employees! shares within the employee option will never be on the open market, this is just how the program works.Now the fact that mbah is even offering this program to their employees should show everyone mbah is going to be here for awhile and we will go up from here. It may take a little time but imop we are in a good position. As for anyone who wants to #### and moan the answer is simple! sell and move on with marryjohnson and leave your shares for me ill just add as i did today!! anyways good luck to all
MBAH-another post from RB,she has been on the money every post!!
By: coconut_grove_girl
13 Jul 2004, 02:48 PM EDT
Msg. 2232 of 2240
Jump to msg. #
Expect the O/S to top out at about 200 mill
Should see one more S-8, didn't get a time-frame, but I'd guess within the next month, and that's it. I'm also guessing it will be smaller then the last 2. That based on the statement that they won't go over 200 mill and that it won't be detrimental. OK, not great, but for penny stocks, not bad. Two more acquisitions which will double revenues, they do 8 million now. Company shares are being supported now by investment bankers, verifies what IVG says. These guys are in here buying today and plan on holding.
Confirmation that the company will be profitable this year.
This info is not from the CEO. I was directed to Francis, I think he's the CFO.
If you don't agree with me posting this info here, tough jit.
Thanks
MBAH in for a big bounce,last S-8 shook out a lot,bet they never read the details that stated it was for employee options.
pslt--check the previous PR.(RB post)MBAH in for a big bounce,last S-8 shook out a lot,bet they never read the details that stated it was for employee options.
MBAH---July 15th...also more news coming this week and American Bulls gives MBAH a buy rating as of todays close
MBAH---July 15th...also more news coming this week and American Bulls gives MBAH a buy rating as of todays close
NEWS--MBAH!!Primeguard Insurance Co. Will Underwrite MBA`s Warranties
July 12, 2004 14:52:00 (ET)
SCOTTSDALE, Ariz., Jul 12, 2004 (BUSINESS WIRE) -- Mechanical Breakdown Administrators Inc. (MBA Inc.) a division of MBA Holdings Inc. (MBAH) has come to terms with Primeguard Insurance Co. of Denver in which Primeguard Insurance Co. will underwrite the MBA extended warranties in 46 states.
The extended warranties will be on new and used automobile warranty plans, motorcycle warranties including the Screamin' Eagle warranty plans, new custom-built motorcycle manufacturer's 24-month factory warranty and the new and used American, Asian, and European motorcycles extended warranty plans and the recreational vehicle extended warranty plans, such as new and used motor home and travel trailers.
Primeguard Insurance Co. is a specialty insurer, and has been underwriting automobile extended warranties for a number of years. MBA Inc. will have an exclusive arrangement with Primeguard Insurance Co. and First Assured Warranty Co. to market specialty auto warranties, MBA's Screamin' Eagle motorcycle warranties and extended motorcycle and recreational vehicle warranties.
SOURCE: MBA Holdings Inc.
S-8 and S-8pos from April and June (guessing since I am not in the filings right now)and look at the amount of shares.
that is just as far as I went back scoping for past S-8's,the bottom line is this copany is real and will be profitable by next quarter imo.You can call them yourself,DD the heck out of them and I think you may get some sparked interest.
http://www.mbadirect.com/
DCschmoeka--MBAH-one and only S-8 since 11/19/1999? you call that dilution?? maybe you shoud read back a little further yourself.
http://www.nasdaq.com/asp/quotes_sec.asp?symbol=MBAH&selected=MBAH&page=filings
maybe this will help....for MBAH
http://ragingbull.lycos.com/mboard/boards.cgi?board=MBAH
By: investorgation
08 Jul 2004, 04:43 PM EDT
Msg. 1618 of 1811
(This msg. is a reply to 1614 by bueller24840.)
Jump to msg. #
I've spoken to their investment bankers. They are helping the company with their business strategy. They claim to be holding a healthy amount of shares and are buying on the open market themselves because they feel the upside from will be very good even if we have to go through this dip first. They more or less have a vested interest at a much higher initial share price so they are averaging down, but I think those shares are straight up holdings and not convertibles so if and when they sell they will be trying to do like all us, at the best market price and a profit.
Yes, it sounds like the potential new partner is larger than Old Republic. But check out the website and you'll see OR is just the latest partnership and there are other big firms already on board with MBA like Allstate:
American Bankers Insurance Company of Miami, Florida
Kemper Insurance Company of Long Grove, Illinois
Heritage Warranty Mutual Insurance Company of Lincoln, Nebraska
Standard Guarantee Insurance Company of St. Petersburg, Florida
American Security Insurance Company of Atlanta, Georgia
Allstate Insurance Company of Chicago, Illinois
Basically, what I talked about today were 4 potential deals, 2 acquisitions and 2 big partnered clients.
IvG
MBAH--MBAH--77 OS including last s-8,major TM name acquired,2 more major companies coming soon,hard to buy but easy to sell.DD it its worth your time imo..
http://ragingbull.lycos.com/mboard/boards.cgi?board=MBAH
By: investorgation
08 Jul 2004, 04:43 PM EDT
Msg. 1618 of 1811
(This msg. is a reply to 1614 by bueller24840.)
Jump to msg. #
I've spoken to their investment bankers. They are helping the company with their business strategy. They claim to be holding a healthy amount of shares and are buying on the open market themselves because they feel the upside from will be very good even if we have to go through this dip first. They more or less have a vested interest at a much higher initial share price so they are averaging down, but I think those shares are straight up holdings and not convertibles so if and when they sell they will be trying to do like all us, at the best market price and a profit.
Yes, it sounds like the potential new partner is larger than Old Republic. But check out the website and you'll see OR is just the latest partnership and there are other big firms already on board with MBA like Allstate:
American Bankers Insurance Company of Miami, Florida
Kemper Insurance Company of Long Grove, Illinois
Heritage Warranty Mutual Insurance Company of Lincoln, Nebraska
Standard Guarantee Insurance Company of St. Petersburg, Florida
American Security Insurance Company of Atlanta, Georgia
Allstate Insurance Company of Chicago, Illinois
Basically, what I talked about today were 4 potential deals, 2 acquisitions and 2 big partnered clients.
IvG
MBAH--MBAH--77 OS including last s-8,major TM name acquired,2 more major companies coming soon,hard to buy but easy to sell.DD it its worth your time imo..
http://ragingbull.lycos.com/mboard/boards.cgi?board=MBAH
By: investorgation
08 Jul 2004, 04:43 PM EDT
Msg. 1618 of 1811
(This msg. is a reply to 1614 by bueller24840.)
Jump to msg. #
I've spoken to their investment bankers. They are helping the company with their business strategy. They claim to be holding a healthy amount of shares and are buying on the open market themselves because they feel the upside from will be very good even if we have to go through this dip first. They more or less have a vested interest at a much higher initial share price so they are averaging down, but I think those shares are straight up holdings and not convertibles so if and when they sell they will be trying to do like all us, at the best market price and a profit.
Yes, it sounds like the potential new partner is larger than Old Republic. But check out the website and you'll see OR is just the latest partnership and there are other big firms already on board with MBA like Allstate:
American Bankers Insurance Company of Miami, Florida
Kemper Insurance Company of Long Grove, Illinois
Heritage Warranty Mutual Insurance Company of Lincoln, Nebraska
Standard Guarantee Insurance Company of St. Petersburg, Florida
American Security Insurance Company of Atlanta, Georgia
Allstate Insurance Company of Chicago, Illinois
Basically, what I talked about today were 4 potential deals, 2 acquisitions and 2 big partnered clients.
IvG
pslt1156--whats wrong,your buys didn't execute? MBAH is a serious and real company,for now an OTC but soon AMEX imo,with only 77 million shares outstanding INCLUDING THE S-8's and the majority of shares restricted for employees this companies SP will move EXTREMELY FAST very soon and you will not be able to buy so easy because even now its hard to buy but easy as hell to sell.If you don't like it fine,but I am sure you won't be happy watching climb the SP ladder getting stronger at each level.MBAH now has the complete ownership of the Screaming Eagle trade mark,that alone is a big deal but wait until you hear whats next,2 things actually and both involve bigger companies then SE.
pslt1156--whats wrong,your buys didn't execute? MBAH is a serious and real company,for now an OTC but soon AMEX imo,with only 77 million shares outstanding INCLUDING THE S-8's and the majority of shares restricted for employees this companies SP will move EXTREMELY FAST very soon and you will not be able to buy so easy because even now its hard to buy but easy as hell to sell.If you don't like it fine,but I am sure you won't be happy watching climb the SP ladder getting stronger at each level.MBAH now has the complete ownership of the Screaming Eagle trade mark,that alone is a big deal but wait until you hear whats next,2 things actually and both involve bigger companies then SE.
MBAH...back to forward split levels soon imo and thats .20's
MBAH buzzing around a lot of boards....this is on DWB's
NobodysFool
Joined: 24 Feb 2004
Posts: 47
Posted: Sun Jul 11, 2004 5:29 am Post subject:
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since the 10 for 1 forard split theScreaming Eagle name is added to MBAH and we own the trademark now,2 more coming in soon and one is a big big player.MBAH will be back over .20 soon imo.
heres a great site made up by a poster that got burned like so many of us have by these company leaders!!
http://bagholdersassn.freeservers.com/index.html
yeah I kinda liked the site to!!
http://bagholdersassn.freeservers.com/index.html
heres a great site made up by a poster that got burned like so many of us have by these company leaders!!
http:// bagholdersassn.freeservers.com/index.html
no more .025's for MBAH....buy if you can..one minute..eom
good by .025's for MBAH and rock-in roll time
can't fill buy orders for MBAH.....try.....eom
stock190--OK thats great and MBAH will be over a dime soon imo.
would like to see a PR showing MBAH applying for AMEX,its going to happen imo.
MBAH and AMEX...I won't be surprised to hear about that soon.
maninfla.."is this a good stock?" LOL...I remember you from ADSX..LOL,actually I agree with you but many might like to talk to a human in the company and feel them out a little,I don't take any conversation with a company person as fact until I see it on paper!
GLTY