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could you please provide a link to the source for that claim?
thank you
where are the 8K's with the definitive terms of all the recent transactions/acquisitions?
re: "...The Wagering Network that was done with restricted amount of shares..."
really?
"...has completed its purchase of a 20% stake in another new specialty digital network called The Wagering Network - TWN, through Blackout Communications Inc. for an undisclosed amount of stock and cash..."
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Ciw%5C2006%5C01%5C25...
re: "...regardless of what information is correct from the T/A..."
oh, oh...waffling a bit?
sorry bud, but i just dont believe you either
another nice flip ;)...
would be nice if the logo were on the actual car instead of the transporter...how much exposure does one get on the trailer or one retail store in ca?
regardless, decent news for a pop, and a foot in the door, but i dont see this breaking .01 anytime soon on this news alone
re: "...holding .0003 bid..."
how does a stock "hold .0003" when it is down 25% for the day, and continues its downside overall in the past month?
what was the OS again?
if oxy doesnt help, try...
Report Slams 'Passivity' Over Katrina
By LARA JAKES JORDAN, Associated Press Writer
1 hour, 5 minutes ago
WASHINGTON - Government at all levels took an indifferent stance toward disaster preparations after the 2001 terror attacks, leaving the Gulf Coast vulnerable to Hurricane Katrina and contributing to the death and suffering the storm inflicted, a House inquiry concludes.
Finding fault with the White House down to local officials, the 520-page report, titled "A Failure of Initiative," determined that authorities failed to move quickly to protect people — even when faced with warnings days before the catastrophic storm struck last Aug. 29.
"Passivity did the most damage," concluded the report, which was written by a Republican-dominated special House committee and obtained Tuesday night by The Associated Press. "The failure of initiative cost lives, prolonged suffering, and left all Americans justifiably concerned our government is no better prepared to protect its people than it was before 9/11, even if we are."
The hard-hitting report concludes that President Bush could have speeded the response by becoming involved in the crisis earlier. It says he was not receiving guidance from a disaster specialist, who would have understood the scope of the storm's destruction.
"Earlier presidential involvement might have resulted in a more effective response," the inquiry concluded.
White House spokesman Allen Abney declined to comment. On Monday, White House Homeland Security adviser Frances Fragos Townsend said Bush was "fully involved" in Washington's preparations and response to Katrina.
The inquiry into one of the nation's worst natural disasters looked at everything from the evacuation to the military's role to planning for emergency supplies and in each category found much to criticize.
"The single biggest failure of the federal response was that it failed to recognize the likely consequences of the approaching storm and mobilize federal assets for a post-storm evacuation of the flooded city," the report said. "If it had, then federal assistance would have arrived several days earlier."
Typical of the report's unsparing tone, it warned, "The preparation for and response to Hurricane Katrina should disturb all Americans."
The House study is the first to be completed in a series of inquiries by Congress and the Bush administration about the massive failures exposed by Katrina.
The storm left more than 1,300 people in Louisiana, Mississippi and Alabama dead, hundreds of thousands homeless and tens of billions of dollars worth of damage in its wake. Despite Bush's accepting full responsibility for the federal government's shortfalls, the storm response continues to generate finger-pointing.
The panel, chaired by Rep. Tom Davis, R-Va., was formally unveiling the final version of the study on Wednesday. Parts of it were released on Sunday.
House Democrats who participated in the inquiry could not immediately be reached for comment Tuesday night. But in a 59-page response released last Sunday, Reps. Charlie Melancon and William Jefferson of Louisiana said that while they largely agreed with its conclusions, the report falls short of holding "anyone accountable for these failures."
Despite its accomplishments, the committee "adopted an approach that largely eschews direct accountability," Melancon and Jefferson said in their response. "The majority report rarely assesses how these problems occurred, why they were not corrected sooner, and who in particular was responsible."
In Senate testimony last week, former Federal Emergency Management Agency Director Michael Brown singled out the Homeland Security Department and its chief, Secretary Michael Chertoff, as a muddled bureaucracy that slowed relief to the Gulf Coast. The White House and Homeland Security have hit back, describing Brown as a renegade who failed to follow a chain of command.
The House report also finds fault with Chertoff for failing to activate a national plan to trigger fast relief, and Homeland Security, for overseeing a bare-bones and inexperienced emergency response staff.
Describing a similar delayed response, the report concludes that Louisiana Gov. Kathleen Blanco and New Orleans Mayor Ray Nagin waited until too late to order a mandatory evacuation of the city. Despite warnings of Katrina's potential destruction 56 hours ahead of landfall, the evacuation order came only 19 hours before Katrina hit.
"None of this had to happen," investigators concluded in reviewing the evacuation effort. "Despite years of recognition of the threat that was to materialize in Hurricane Katrina, no one — not the federal government, not the state government, and not the local government — seems to have planned for an evacuation of the city from flooding through breached levees."
Charitable organizations such as the American Red Cross do not escape criticism in the report, which found that they were overwhelmed by the sheer size of demands, leading to water, food and other supply shortages and disorganized sheltering processes.
Some of the response failures dated back to months and even years before Katrina hit, the report found. A lack of warning systems for levee failures delayed their fast repair and poor communications equipment prevented federal, state and local emergency responders from coordinating their counterattack.
Moreover, federal agencies — including the Homeland Security Department — were unclear about their responsibilities under a national response plan issued a year ago. And lessons learned from Hurricane Pam — a fictional storm designed to test Gulf Coast preparedness — went unheeded even though officials knew of the dangers that a Category 4 or 5 hurricane would pose to New Orleans.
Katrina was initially believed to be a Category 4 storm when it hit, but weather experts have since said it was likely a Category 3.
The House panel spent five months investigating the failures. It interviewed scores of federal, state and local authorities, sorted through more than 500,000 pages of e-mails, memos and other documents and held nine public hearings spotlighting sometimes feeble explanations by officials.
Though some Democrats — mostly representing Gulf Coast districts — participated in the House inquiry, their party leaders boycotted it, holding out for an independent commission similar to the one that investigated the Sept. 11, 2001, attacks.
Earlier Tuesday, White House spokesman Scott McClellan said Bush has full confidence in Chertoff and has not considered asking him to step down because of the criticism.
"Secretary Chertoff is doing a great job," McClellan said Tuesday. "The president appreciates his strong leadership."
Senate Democratic leader Harry Reid of Nevada, however, reiterated an earlier call for Chertoff to resign. The recent criticism about Chertoff's performance during Katrina "only adds to my displeasure with our secretary," Reid said.
http://news.yahoo.com/s/ap/20060215/ap_on_go_co/katrina_washington
just a few ticks off 52 wk lows
with imo new lows on the horizon
followed by a one-two day trading op
...as its done three times since november
with lower lows, lower highs
getting more difficult to make a buck
question: does a CEO who authorizes a 1 for 10,000 RS have the best interest of the common SH in mind?
i understand it was to bring OS to a more reasonable level...but how did it get to the 100's of B's to begin with?
isnt that a double slap in the face for the common SH?
the "scary" part is that its said things come in 3's
Rasica, i am sure you simply "forgot" to add "IMO" to your post, as everyone of your points cant be proven, and are essentially hear-say
this "gem" has really surprised me
...but many/most often do
and why a few here and a few there at "attractive" levels [of any stock], with satisfaction in "modest" gains, tends to be a winning formula
sold 3/4 of my small spec position position from .05 entry
rest will probably go sometime this week regardless of SP direction
side note to alex...good job!
Rasica, but since MMM is blamed for just about everything else, couldnt they also manipulate those "indicators" through claimed phantom buys/sells [intra MM trades]?
and if so, couldnt that mean that supposed accumulation indicators [which so many are clinging to] are wrong/inaccurate?
re: "...The stock price always goes down during a stock buy back by a company..."
so according to this theory/observation, the moment a company announces a share buyback, one should sell immediately and wait for a lower re-rentry price?
and the larger the buyback, the bigger and longer decline in SP?
OT: pfl26
is that matt holding that sign?
Iran Resumes Enrichment of Uranium
By ALI AKBAR DAREINI, Associated Press Writer
23 minutes ago
TEHRAN, Iran - Iran has resumed small-scale enrichment of uranium, a senior Iranian nuclear negotiator said Tuesday, showing the country was determined to proceed with its atomic development despite international moves to restrict it.
The world has long sought to stop Iran from enriching uranium, fearing that the process would bring it to the threshhold of possessing nuclear bombs.
On Feb. 4, the International Atomic Energy Agency reported Iran to the U.N. Security Council and simultaneously called on its government to suspend all enrichment-related activities.
Instead, the Iranian government decided to suspend certain aspects of its cooperation with the IAEA and steam ahead with enrichment.
The deputy secretary of the Supreme National Council, Javad Vaeidi, told reporters that enrichment of uranium resumed last week at Iran's main enrichment plant in Natanz.
Asked if Iran had resumed large-scale enrichment, as required for producing fuel for nuclear reactors, Vaeidi replied: "No."
"We need time to have 60,000 centrifuges," he said, referring to the devices used in the enrichment process, which can produce fuel for an atomic bomb.
Diplomats in Vienna, Austria, the site of the U.N. nuclear agency, had said Monday that Iran had started small-scale enrichment of uranium,
"According to the presidential order (last week), and to the law passed by the parliament (last year), the order of resumption of uranium enrichment was issued," Vaeidi told the news conference.
The United States had criticized Iran for restarting enrichment on Monday when White House press secretary Scott McClellan said: "They're continuing to choose defiance and confrontation over cooperation and diplomacy."
The same day Iran announced it had postponed indefinitely talks with Moscow on a plan to enrich Tehran's uranium on Russian territory to allay fears that it would build an atomic weapon.
Moscow had proposed that Iran ship its uranium to Russia, where it would be enriched to a level suitable for nuclear reactors, rather than weapons.
The talks with Russia, which had been slated for Thursday, were postponed because of the "new situation," Iranian presidential spokesman Gholamhossein Elham said, referring to the IAEA's reporting Iran to the U.N. Security Council.
However a Russian news agency reported Tuesday that Iran asked Russia for only a four-day delay, until Feb. 20. RIA-Novosti quoted Russian Foreign Ministry spokesman Mikhail Kamynin as saying that Tehran had requested the delay for "technical reasons."
Iran maintains its nuclear program is designed solely to generate electricity. But the United States and some U.S. allies, including Israel, claim the program is a cover for producing a nuclear bomb.
China urged the meetings with Russia take place as planned.
"China expresses its concern over the current development of the Iran nuclear issue," Foreign Ministry spokesman Liu Jianchao said at a regular briefing.
He said, "China hopes that the talks between Russia and Iran can be held on schedule and achieve positive results."
Germany expressed disappointment that the Iranian-Russian talks had been postponed as the European powers had seen the Russian plan as a solution to the dispute over Iranian enrichment. Germany, Britain and France have been negotiating with Iran, but have failed to persuade it to abandon enrichment.
http://news.yahoo.com/s/ap/20060214/ap_on_re_mi_ea/iran_nuclear
Eagle1_x, unlimited AS according to wyoming inc docs
Corporation Detail:
CID: 200400474853 Type: CORPORATION
Name: BLACKOUT MEDIA CORP.
Old Name: FIRST CANADIAN AMERICAN HOLDING CORPORATION
DBA:
Incorporation State: WY Initial Filing: 10-05-2004
Status: ACTIVE Standing: GOOD
Defunct Cause: FORCE ACTIVE Defunct Date:
Mailing Address: 6021 YONGE STREET
STE. 212
TORONTO,, ON M2M3W2
Registered Agent:
Name: CORPORATION SERVICE COMPANY County: LARAMIE
Address: 1821 LOGAN AVE.
CHEYENNE, WY 82001
Name Changed: Address Changed:
Officers and Directors:
President: SANDY WINICK
Vice President:
Secretary: SAME
Treasurer: SAME
Director: SAME
Additional Detail:
Reinstate Date: Assignment Date:
Renewal Date: Amendment Date: 12-08-2005
Other Filing Date: Merger Date:
RA Resigned Date:
Purpose: Merger ID:
Annual Report No: 679417 Last Year Filed: 2005
Profit/Nonprofit: PROFIT Additional Stock:
Common Shares: UNLIMITED Common Par Value: NPV
Preferred Shares: Preferred Par Value:
Intent to Dissolve: Continued/Domesticated:
Expires: Perpetual Revoked:
http://soswy.state.wy.us/Corp_Search_Main.asp
--------------
as to OS and float, i have been trying for 6 weeks via email and phone to get updated numbers from TA...never a reply
zardiw, thanks bud, another biggie for me with AWBV off your death drop list
keep 'em coming
gonna continue to be sweet imo. glta.
time to look under the hood...
Form 8-K for PROCOREGROUP INC
21-Mar-2005
Change in Assets, Sale of Equity, Change in Control, Change in Directors or Prin
ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
Reference is herewith made to Item 3.02 (I) and II(a) wherein the Company indicates that on March 17, 2005, it issued 153,333,333 shares of its common stock to Kamal Abdallah, its President in exchange for realty having an appraised valuation of $4,000,000. Such realty consisted of: (i) a commercial building located in Chiefland, Florida consisting of 53,000 square feet located on 4.03 acres; and (ii) five additional income properties located in Orlando, Florida; Oviedo, Florida; and Palm Coast Florida. Kamal Abdallah also paid the Company $100,000.
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
(I). On March 17, 2005 One Hundred Fifty Nine Million Three Hundred Thirty Three Thousand Three Hundred Thirty Three (159,333,333) shares of $.001 par value common stock were issued as follows: 153,333,333 were issued to Kamal Abdallah, the Company's Chief Executive Officer, President and Chairman of the Board of the Company, and Six Million (6,000,000) were issued to NUC-NSTEP, LLC.
(II)(a) The transaction referred to in (I) above did not involve underwriters and there were no underwriting discounts or commissions.
(II)(b) Those securities issued to Kamal Abdallah were issued in exchange for real estate owned by Mr. Abdallah and transferred to the Company. Such real estate has an appraised value of $4,000,000 as well as $100,000 in cash. See also Item 2.01 above.
(II)(c) Those securities issued to NUC-NSTEP, LLC., were issued in exchange for certain Company indebtedness owed to NUC-NSTEP, LLC.
(III) The transactions referred to above were exempt transactions in accordance with Section 4(2) as transactions by an Issuer not involving any public offering.
ITEM 5.01 CHANGES IN CONTROL OF REGISTRANT
As of March 3, 2005, the Registrant had Fifty One Million Six Hundred Eleven Thousand One Hundred Eighty Nine (51,611,189) shares issued and outstanding with the largest single shareholder owning Twenty Two Million Two Twenty Two Thousand (22,222,000) shares.
(1) The individual who acquired control was Kamal Abdallah.
(2) Kamal Abdallah acquired control on March 17, 2005 (see response to Item 3.02 above).
(3) The basis of control is that Mr. Abdallah now owns in excess of Seventy One (71%) percent of the Company's outstanding common stock. In addition to such stock ownership, Kamal Abdallah serves as Chief Executive Officer, President and Chairman of the Board of the Company.
(4) Consideration for such shares is indicated in item 3.02 above.
(5) Not applicable.
(6) Prior to the transaction discussed herein, Carol Popp owned and still owns 22,222,000 shares of the Company common stock, which, as of March 3, 2005, amounted to approximately Forty Three (43%) percent of all outstanding Company common stock.
(7) There are no arrangements or understandings among members of both the former and new control groups and their associates with respect to election of directors or other matters.
(7)(b) Item 4.03(c) of Regulation S-B is not applicable since there are no voting trust agreements between any persons owning Five (5%) percent or more of the Company's common stock.
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF
DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS
(b) George Csatary, formerly Interim Chairman and Chief Executive Officer resigned from such positions by letter dated March 3, 2005. Mr. Csatary continues with the Company as both Board member and Chief Financial Officer.
(c)(1) The Company appointed Kamal Abdallah as Chief Executive Officer, President and Chairman of its Board of Directors on March 3, 2005. The Company also appointed Curtis L. Pree as Chief Operations Officer, Secretary and Board member on March 3, 2005.
(c)(2) The business experience of those newly appointed persons listed directly above is as follows.
Kamal Abdallah is Chairman, President and CEO of ProCore Group Inc. Mr. Abdallah has approximately fifteen years experience in commercial real estate investment and development. Mr. Abdallah attended Oakland Community College and Oakland University in Michigan where he focused his studies in the area of accounting and finance.
Curtis L. Pree is a member of the Board of Directors and serves as its Corporate Secretary and Chief Operations Officer. Mr. Pree is also a Member of Ten And Ten Marketing Group, LLC and serves as its Executive Vice-President heading up their Real Estate Solutions Division. Mr. Pree is a licensed real estate agent in Maryland, Virginia and District of Columbia. Mr. Pree holds a dual baccalaureate in Political Science and English from Howard University.
Neither Messrs. Abdallah or Pree hold directorships in any other reporting companies.
There is no family relationships among directors or executive officers of the Company.
(c)(3) The March 11, 2005 Employment Agreement ("Agreement") between the Company and
Kamal Abdallah appoints Mr. Abdallah as Chief Executive Officer, President and Chairman of its Board of Directors for a term of five (5) years with first year annual compensation of Three Hundred Thousand ($300,000) Dollars and issuance of Five Hundred Thousand (500,000) free-trading shares each quarter and an additional Two Million (2,000,000) shares each year. The Agreement also provides for the further issuance of 2,000,000 shares per annum for every One Million ($1,000,000) Dollars in Company net income as well as a bonus of no less than Ten Thousand ($10,000) Dollars per quarter.
Curtis L. Pree was elected as a new Director (on March 9, 2005) and also serves as the Company's Chief Operations Officer and Secretary. Mr. Pree's Agreement, dated March 9, 2005 is a one (1) year Agreement with the Company and provides for an annual salary of Seventy Five Thousand ($75,000) Dollars as well as issuance to him of Five Million (5,000,000) restrictive shares and a further Five Hundred Thousand (500,000) free-trading shares.
http://biz.yahoo.com/e/050321/pcrg.ob8-k.html
due diligence
Definition
The process of investigation, performed by investors, into the details of a potential investment, such as an examination of operations and management and the verification of material facts.
http://www.investorwords.com/1596/due_diligence.html
-----------------
once AGAIN, speaking with a company officer or their rep is not DD
however, speaking with them and then "reporting" such in a public forum is propagating biased, self-serving so-called info
GOOOOOOOOOOOOOO BKMP ;)
re: "...like leaches...they only stick around if they have something to feed off.... without direct responses..."
Posted by: Goldman450
In reply to: None
new med for those having a problem coping...
re: "...big snow storm..."?
...BKMP?
re: "...bashers keep bashing and the stock keeps going up..."
OT: RU, why do you keep sending me PM?
OT: since you want to go in that direction
re: "...in 4 or 5 centuries msep will be a fortune 500!!..."
as the "disclosures" on RB posts note "long", no one said how long
have some patience
what?, you cant wait a few hundred years?
GOOOOOOOOOOOOOOO MSEP ;)
btw: anyone else having difficulty with stalkers?
re: "...Things will change Monday, positively. It's BOOM time..."
is that a guarantee broadway joe?
stocktoastcrunch, u da man, nice work!eom.
GCHR, apologies it took a little longer. eom.
good work team. eom.
this throttling netflix PR posted?
'Throttling' Angers Netflix Heavy Renters
By MICHAEL LIEDTKE, AP Business Writer
1 hour, 49 minutes ago
SAN FRANCISCO - Manuel Villanueva realizes he has been getting a pretty good deal since he signed up for Netflix Inc.'s online DVD rental service 2 1/2 years ago, but he still feels shortchanged. That's because the $17.99 monthly fee that he pays to rent up to three DVDs at a time would amount to an even bigger bargain if the company didn't penalize him for returning his movies so quickly.
Netflix typically sends about 13 movies per month to Villanueva's home in Warren, Mich. — down from the 18 to 22 DVDs he once received before the company's automated system identified him as a heavy renter and began delaying his shipments to protect its profits.
The same Netflix formula also shoves Villanueva to the back of the line for the most-wanted DVDs, so the service can send those popular flicks to new subscribers and infrequent renters.
The little-known practice, called "throttling" by critics, means Netflix customers who pay the same price for the same service are often treated differently, depending on their rental patterns.
"I wouldn't have a problem with it if they didn't advertise `unlimited rentals,'" Villanueva said. "The fact is that they go out of their way to make sure you don't go over whatever secret limit they have set up for your account."
Los Gatos, Calif.-based Netflix didn't publicly acknowledge it differentiates among customers until revising its "terms of use" in January 2005 — four months after a San Francisco subscriber filed a class-action lawsuit alleging that the company had deceptively promised one-day delivery of most DVDs.
"In determining priority for shipping and inventory allocation, we give priority to those members who receive the fewest DVDs through our service," Netflix's revised policy now reads. The statement specifically warns that heavy renters are more likely to encounter shipping delays and less likely to immediately be sent their top choices.
Few customers have complained about this "fairness algorithm," according to Netflix CEO Reed Hastings.
"We have unbelievably high customer satisfaction ratings," Hastings said during a recent interview. "Most of our customers feel like Netflix is an incredible value."
The service's rapid growth supports his thesis. Netflix added nearly 1.6 million customers last year, giving it 4.2 million subscribers through December. During the final three months of 2005, just 4 percent of its customers canceled the service, the lowest rate in the company's six-year history.
After collecting consumer opinions about the Web's 40 largest retailers last year, Ann Arbor, Mich., research firm ForeSeeResults rated Netflix as "the cream of the crop in customer satisfaction."
Once considered a passing fancy, Netflix has changed the way many households rent movies and spawned several copycats, including a mail service from Blockbuster Inc.
Netflix's most popular rental plan lets subscribers check out up to three DVDs at a time for $17.99 per month. After watching a movie, customers return the DVD in a postage-paid envelope. Netflix then sends out the next available DVD on the customer's online wish list.
Because everyone pays a flat fee, Netflix makes more money from customers who only watch four or five DVDs per month. Customers who quickly return their movies in order to get more erode the company's profit margin because each DVD sent out and returned costs 78 cents in postage alone.
Although Netflix consistently promoted its service as the DVD equivalent of an all-you-can eat smorgasbord, some heavy renters began to suspect they were being treated differently two or three years ago.
To prove the point, one customer even set up a Web site — http://www.dvd-rent-test.dreamhost.com — to show that the service listed different wait times for DVDs requested by subscribers living in the same household.
Netflix's throttling techniques have also prompted incensed customers to share their outrage in online forums such as http://www.hackingnetflix.com.
"Netflix isn't well within its rights to throttle users," complained a customer identified as "annoyed" in a posting on the site. "They say unlimited rentals. They are liars."
Hastings said the company has no specified limit on rentals, but "`unlimited' doesn't mean you should expect to get 10,000 a month."
In its terms of use, Netflix says most subscribers check out two to 11 DVDs per month.
Management has previously acknowledged to analysts that it risks losing money on a relatively small percentage of frequent renters. The risk has increased since Netflix reduced the price of its most popular subscription plan by $4 per month in 2004 and the U.S. Postal Service recently raised first-class mailing costs by 2 cents.
Netflix's approach has paid off so far. The company has been profitable in each of the past three years, a trend its management expects to continue in 2006 with projected earnings of at least $29 million on revenue of $960 million. Netflix's stock price has more than tripled since its 2002 initial public offering.
A September 2004 lawsuit cast a spotlight on the throttling issue. The complaint, filed by Frank Chavez on behalf of all Netflix subscribers before Jan. 15, 2005, said the company had developed a sophisticated formula to slow down DVD deliveries to frequent renters and ensure quicker shipments of the most popular movies to its infrequent — and most profitable — renters to keep them happy.
Netflix denied the allegations, but eventually revised its terms of use to acknowledge its different treatment of frequent renters.
Without acknowledging wrongdoing, the company agreed to provide a one-month rental upgrade and pay Chavez's attorneys $2.5 million, but the settlement sparked protests that prompted the two sides to reconsider. A hearing on a revised settlement proposal is scheduled for Feb. 22 in San Francisco Superior Court.
Netflix subscribers such as Nathaniel Irons didn't believe the company was purposely delaying some DVD shipments until he read the revised terms of use.
Irons, 28, of Seattle, has no plans to cancel his service because he figures he is still getting a good value from the eight movies he typically receives each month.
"My own personal experience has not been bad," he said, "but (the throttling) is certainly annoying when it happens."
Report: White House Knew About Levees
By LARA JAKES JORDAN, Associated Press Writer
10 minutes ago
op: who woulda thunk it?...some have labeled it "ethnic cleansing", as post rebuilding it will be a much more expensive, white area [unlike nagins continuing idiotic statements, "...we will be a chocolate new orleans...", what a F'ing idiot he is...and how is it that the flood waters spared all the exclusive areas?...controlled flooding?
WASHINGTON - The earliest official report of a New Orleans levee breach came at 8:30 a.m., hours after Hurricane Katrina roared ashore. Word of the possible breach surfaced at the White House less than three hours later, at 11:13 a.m.
In all, 28 federal, state and local agencies reported levee failures on Aug. 29, according to a timeline of e-mails, situation updates and weather reports that Senate Democrats say raise questions about whether the government moved quickly enough to rescue storm victims from massive flooding.
The documents were released in advance of a Senate hearing Friday at which Michael Brown, the former head of the Federal Emergency Management Agency, was set to testify.
Brown is widely considered the public face of the government's sluggish response to Katrina. But he signaled earlier this week that he was prepared to discuss his storm communications with President Bush and other top White House officials — a possible signal that his testimony would assign blame elsewhere.
The White House has barred some top advisers and staffers from answering Senate investigators' questions about the administration's response, saying that certain discussions and documents must remain confidential. But Brown, who quit FEMA shortly after the storm and left the federal payroll Nov. 2, is no longer covered by that confidentiality protection.
White House spokesman Trent Duffy said the president and his top aides were fully aware of the massive flooding — and less concerned whether it was caused by levee breaches, overtoppings or failed pumps, all three of which were being reported at the time.
"We knew there was flooding and that's why the No. 1 effort in those early hours was on search and rescue, and saving life and limb," Duffy said.
Shortly after the disaster, Bush said, "I don't think anybody anticipated the breach of the levees." He later said his comment was meant to suggest that there had been a false sense of relief that the levees had held when the storm passed, only to break a few hours later.
The Bush administration has said it knew definitively early Tuesday, Aug. 30, the day after the storm, that the levees had been breached, based on an Army Corps of Engineers assessment.
Democrats said the documents showed there was little excuse for the tardy federal response.
"The first communication came at 8:30 a.m.," said Sen. Joe Lieberman, D-Conn., top Democrat on the Senate Homeland Security and Governmental Affairs Committee. "So it is inexplicable to me how those responsible for the federal response could have woken up Tuesday morning unaware of this obviously catastrophic situation."
The first internal White House communication about levee failures came at 11:13 a.m. on Aug. 29 in a "Katrina Spot Report" by the White House Homeland Security Council.
"Flooding is significant throughout the region and a levee in New Orleans has reportedly been breached sending 6-8 feet of water throughout the 9th ward area of the city," the internal report said.
Global warming a major health risk: scientists
op: what do these people all of a sudden wake up one morning and "confirm" what has been obvious for decades?
LONDON (Reuters) - Global warming is already causing death and disease across the world through flooding, environmental destruction, heatwaves and other extreme weather events, scientists said on Thursday.
And it is likely to get worse.
In a review published in The Lancet medical journal, the scientists said there was now a near-unanimous scientific consensus that rising levels of greenhouse gases would cause global warming and other climate changes.
"The advent of changes in global climate signals that we are now living beyond the Earth's capacity to absorb a major waste product," said Anthony McMichael of the Australian National University in Canberra and his colleagues, referring to greenhouse gases.
The scientists' review of dozens of scientific papers over the last five years said health risks were likely to get worse over time as climate change and other environmental and social changes deepened.
"The resultant risks to health ... are anticipated to compound over time as climate change along with other large scale environmental and social changes continues," they wrote.
The review said climate change would bring changes in temperature, sea levels, rainfall, humidity and winds.
This would lead to an increase in death rates from heatwaves, infectious diseases, allergies, cholera as well as starvation due to failing crops.
They said climate change may already have led to lower production of food in some regions due to changes in temperature, rainfall, soil moisture, pests and diseases.
"In food insecure populations this alteration may already be contributing to malnutrition," it said.
The scientists said sea levels had risen in recent decades, and people had already started moving from some low-lying Pacific islands. Such population movements often increased nutritional and physical problems and disease, they said.
"The number of people adversely affected by El Nino-related weather events over three decades, worldwide, appears to have increased greatly," it said, referring to the weather pattern caused by warming of the Pacific Ocean off South America.
The review called for research to identify groups vulnerable to climate change and said health concerns should be included in international policy debates about global warming.
"Recognition of widespread health risks should widen these debates beyond the already important considerations of economic disruption," they said.
Automakers fast-track ethanol use
By Sharon Silke Carty, USA TODAY
[may help the alternative energy sector]
Hoping to capitalize on the buzz over using homegrown alcohol fuel instead of gasoline, auto rivals General Motors and Ford Motor both said here Wednesday that they're teaming with energy companies on projects that could make so-called E85 a mainstream fuel instead of a boutique rarity.
E85 is a blend that's 85% ethanol - alcohol usually made from Midwest corn - and 15% gasoline. President Bush said in his State of the Union speech Jan. 31 that ethanol fuels can help "make our dependence on Middle Eastern oil a thing of the past." (Related items:Is ethanol the answer? | New production method uses far less energy than it creates)
Within hours of each other, the automakers announced at the Chicago Auto Show plans to boost the number of E85 outlets. Only 500 of 180,000 U.S. stations sell E85 now.
GM and Ford lead Asian rivals in developing and marketing E85-compatible vehicles, called FFVs or flex-fuel vehicles. Special fuel systems and engine-computer programming are required to use E85. An FFV is otherwise identical to a gasoline vehicle, usually is priced the same, and burns any mix of gasoline and ethanol up to E85.
"Ethanol could be the alternative fuel source that catapults sales of American auto manufacturers," says Bill Saunders, president of researcher Phoenix Automotive.
Ford, partnering with ethanol producer VeraSun, promises a Midwest "ethanol corridor" where E85 stations would be common. The first step will be increasing the number of E85 pumps by 30% in Illinois and Missouri this year, expanding to adjoining states later.
GM, with VeraSun and Shell Oil, is adding 26 Chicago-area E85 sites.
About 5 million FFVs are on the roads. Ford and GM together plan to build another 600,000 this year.
E85's drawback is reduced fuel economy. For example, GM's 2006 Chevrolet Impala sedan is rated 21 mpg in town, 31 on the highway using gasoline, but only 16 and 23 mpg on E85. Ethanol backers acknowledge that E85 must be sufficiently cheaper than gasoline to make up for the poorer mileage.
Even so, Americans dislike frequent fuel stops. A recent survey by AutoPacific consultants showed only 40% willing to accept fewer miles per gallon using E85.
GM's calling attention to its FFVs by using bright yellow fuel caps. Ford is using the children's character Kermit the Frog to promote E85.
http://news.yahoo.com/s/usatoday/20060209/tc_usatoday/automakersfasttrackethanoluse
stocktoastcrunch, super call, congrats!
First Canadian American Holding Corporation Announces Kachina Gold Corporation Continues Expansion Program With New Mining Equipment
TORONTO, Nov 11, 2005
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Ciw%5C2005%5C11%5C11....
dont deals such as this require "funds" of some kind, whether cash or shares?
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First Canadian American Holding Corporation Announces Kachina Gold Corporation Announces Strategic Expansion Program and Enters Discussions to Acquire Additional Gold Reserves
TORONTO, Nov 17, 2005
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Ciw%5C2005%5C11%5C17....
dont deals such as this require "funds" of some kind, whether cash or shares?
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Blackout Media Corp. Clarifies Capital Structure
Monday January 9, 2:44 pm ET
"...The company has exactly the same capital structure under the new name as it did under the old name..."
http://biz.yahoo.com/iw/060109/0105652.html
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capital structure--Definition
The permanent long-term financing of a company, including long-term debt, common stock and preferred stock, and retained earnings. It differs from financial structure, which includes short-term debt and accounts payable.
http://www.investorwords.com/733/capital_structure.html
it appears "capital structure" does NOT refer directly to OS only, but rather AS and much more
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Blackout Media's - Fight Network Taps Trajectory Sports to Assist in Expansion Plans
Friday January 20, 9:00 am ET
http://biz.yahoo.com/iw/060120/0106927.html
dont deals such as this require "funds" of some kind, whether cash or shares?
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Blackout Media Inc. Announces It Has Purchased an Interest in Another New Digital Specialty Network in Canada -- THE WAGERING NETWORK
Wednesday January 25, 9:00 am ET
http://biz.yahoo.com/iw/060125/0107408.html
dont deals such as this require "funds" of some kind, whether cash or shares?
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Blackout Media Inc. Announces The Fight Network Takes Flight on Cancom Satellite
Monday January 30, 9:11 am ET
http://biz.yahoo.com/iw/060130/0107850.html
dont deals such as this require "funds" of some kind, whether cash or shares?
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Blackout Media Inc. Announces Star Choice Brings a Heavyweight Champion to Its Channel Line-Up With the Addition of 'THE FIGHT NETWORK'
Wednesday February 1, 8:45 am ET
http://biz.yahoo.com/iw/060201/0108267.html
dont deals such as this require "funds" of some kind, whether cash or shares?
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Blackout Media's Fight Network Selects OEB to Be in Its Corner as Public Relations Agency of Record
Thursday February 2, 9:00 am ET
http://biz.yahoo.com/iw/060202/0108475.html
dont deals such as this require "funds" of some kind, whether cash or shares?
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what about day-to-day expenses?
[including a site compensated 300M shares]
ETC
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curious...how does OS remain unchanged from oct '05 with so much happening in between?
given the definition of capital structure, couldnt a statement be made such as that of jan 9 and still be "accurate" legally?
is this a good stock?
remember the last scene in "ferris buellers day off"?
after the credits had already run...and matthew broderick came back on stating:
"...your still here?...its over!...go home..."
SUPER CLOSE!...
and on "only" 600M shares on this 1.5B float "gem"