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300,000 share dividend as well, that's my main interest.
Portfolio company of RONE's in addition to CUR, a pretty small stake, but something just keeping an eye on. If you go back in earlier messages you can find more info. on it.
Continuing it's rise lately, liked possibilities a few years ago when first posted, but then they stopped reporting, and as of now remain a Stop company, with not many investors watching it or pushing it. Which makes the recent upward move all the more interesting, no PR or pump from what I can see. Keeping this play on watch longer term, no shares.
Looking into it a little more, there is some movement here since Rampart filed the registration statement. Let’s see what happens from here, may grow into something. This is an industry I know very little about and I suspect not many do. Interesting though, very few players on initial research and in a lucrative industry. Not holding out too much hope on this part of the play, but I guess who knows, could surprise.
Almex is now selling their products:
Download Beltgard Product Sheet here and you can see it says Almex by Rampart:
http://www.almex.com/en/products-vulcanizing/229/
http://www.linkedin.com/company/shaw-almex-industries
In 1962, the patented Almex pressure bag principle revolutionized press design worldwide and positioned Shaw Almex as an industry leader. Innovative Almex presses provide the uniform temperature and pressure required to cure, laminate, vulcanize or mold products for a wide array of industries.
Nine corporate facilities and a network of exclusive distributors are strategically located on five continents to provide a comprehensive sales and service support system to clients in over 120 countries.
Shaw Almex demonstrates a social commitment to this global community by contributing to local charitable causes and adhering to stringent environmental standards.
The Shaw Almex tradition of quality lives on through the Almex Group of companies, the unique Almex presses, complementary Fusion products, and a profound commitment to excellence, integrity, and social responsibility in all aspects of business endeavors around the world.
"During fiscal year 2014 the company will move into profit and this is expected to grow exponentially over the next five years. The company has very little competition for its current range of products and no identified competition for its next slate of products. The company is led by Dieter Blum, a recognized expert in the emerging field of advanced electrodynamic sensing techniques, and his small team of mathematicians, physicists and engineers."
New website for Rampart, one of other portfolio co's beyond CUR:
http://www.rampartdetection.com/
Would be quite the story :) never held a shell quite as long as I have this one. gl to you too.
Hey Phull, definetly a nice thing to see, showing signs of life. With the recent Harbinger/L2 activity, still my favorite shell, hands down. Is our time coming? Either way, nice to have a piece of one of the most interesting business stories of the last 5 years. Shares so hard to acquire, I won't be letting 'em go anytime soon.
1.00 on bid now! +17,000 traded, someone else beyond us seeing something? Feeling like someone is joining the party, looks like retail. Either way, this shell remains one of the best I can see.
A little more on Jundt, explains the Minnesota Cherry Tree connection.
http://minnesotabusiness.com/article/networker-joining-boom
Good to know more than a couple of us :) Yeah watching Bronson's moves, he's continuing to buy in recent days, I think he's up to over 55% ownership this year from ~50% last year. Slow steady buys of BKFG stock. And then using it to continue to make purchases (over 20% now) of QBAK. He must see some payday here, we'll see. Definetly like following his movements thought, he is one of the more interesting distressed debt players out there.
Could be, although would be strange to take a specific company private, only to go back public with it again. Unless maybe they look to turn ZPCM into something like HRG, a holding company? My head will now officially explode :)
what a tightrope, crazy stuff ...perhaps using Centerbridge to stall things out, prevent Dish from taking control, keep the clock moving along and waiting for FCC. And then perhaps by stretching it out, they personally maintain control in the end through the melody set-up? At the very least they are keeping their approach off-balance and uncertain, making it harder for competition to maneuveur.
hmmm...?? here's melody. http://www.thestreet.com/story/12153668/1/the-deal-falcone-tries-to-take-back-lightsquared.html
A day after LightSquared opted not to hold a scheduled bankruptcy auction, Philip Falcone's Harbinger Capital Partners filed a new plan to reorganize the would-be wireless broadband provider.
Harbinger asserts that the plan values LightSquared at $5.654 billion, including $2.587 billion in equity value. And Falcone's firm claims there are billions more available in legal claims.
The hedge fund said that Melody Capital Advisors LLC and other lenders have agreed to provide an additional $1.45 billion in exit financing.
What, oh what are they up to? I am definetly feeling a sense of something suddenly pending here. Lightsquared, Centerbridge, Harbinger Group, Inc. (somehow public company being used as collateral?) and now what role does it’s shell Zap.com play in all of this if at all? Somehow I think they are using their publicly traded entity (HRG) as leverage in all of this. May be totally wrong, but would be a smart way to counteract Dish, but let’s see what plays out.
"Centerbridge Partners LP, a New York-based private-equity firm, is teaming up with Phil Falcone’s Harbinger Capital Partners and Fortress Investment Group LLC (FIG) to acquire LightSquared Inc. for $3.3 billion, according to a person familiar with matter.”
“It would be really fascinating to know what Centerbridge heard from the FCC that gave them enough comfort to finalize a $3.3 billion bid today,” said Tim Farrar, an analyst with TMF Associates Inc. in Menlo Park, California."
Harbinger Group (HRG) Inc. filed documents with the U.S. Securities and Exchange Commission that would permit Philip Falcone’s hedge funds to sell their stake in the publicly traded holding company, valued at about $905 million.
Harbinger Group, based in New York, filed to register 105.2 million shares held by existing investors, including 80.5 million shares owned by Falcone’s Harbinger Capital Partners LLC and its affiliates. Registration of the shares allows the investors to sell the stock on the open market, though they are not required to do so.
We also own 97.9% of Zap.Com Corporation (“Zap.Com”), a public shell company that may seek assets or businesses to acquire or may sell assets and/or liquidate. While we search for additional acquisition opportunities, we manage a portion of our available cash and acquire interests in possible acquisition targets through our wholly-owned subsidiary HGI Funding LLC, a Delaware limited liability company
Bid shows continued signs of strengthening. Yesterday's news starting to get the ball rolling.
Completely agree, this is big board potential. These are big-time players who are taking shareholders into account, previous track record speaks for itself. Move today seems very solid and reasonable, attention will grow and they are making the right moves to get it going. Still digging into the numbers they gave, but I'm seeing what appears to be a nice vision start to come together. Been a while coming, but can't wait to see how they start building things out and up in Q1. Always felt .50 is the base with the financing, with much much more room to grow above that.
And I feel we can expect alot more news/forward looking events in 2014. I also like when they are putting news out it isn't fluff, it's substantial.
Yeah, had high hopes too, not great for those stuck with the RS, but looking at Williston Holding Co. who appears to be rolling in here, seems a very legit company with ex-Kona Grill CEO running things. In fact at 200,000 O/S now, not a bad stock to keep an eye on. Either way, they do appear to have handed it over to a legit crew, we'll see. Will be hard to reach break-even for pre-RS shares, but could still make a run.
http://www.bizjournals.com/twincities/morning_roundup/2013/11/kona-grill-co-founder-investing.html
http://www.grandforksherald.com/event/article/id/278940/
Scratch that....don't think DISH plan would work either, so where does that leave them then exactly? Can't exit bankruptcy? Court appointed plan?
Someone's Dish's friend :) DOJ gets involved....
http://www.vcpost.com/articles/18554/20131122/justice-department-questions-feasibility-lightsquared-bankruptcy-exit-plans.htm
mg, totally agree on that, so many signs for so long, too coincidental. I am still convinced there was something going on.
That said, I think it's possible with the huge run-up and speculation may have made Holtzman and team shy away or wary of using it, hard to know. Either that or Homeclick just isn't where they want it to be yet. Very quiet now, but always watching to see if they ressurect.
largest volume since 2009 today. 50k+
thanks for the articles styl,
Thinking the same thing in relation to the current situation surrounding the typhoon and China's lack of assistance. As unfortunate and short sighted as China's position is, I think this does strengthen the Phillipines position and may, despite appearances, make China more likely to loosen up it's position on some of these business deals.
If they opened up and created a more favorable south china sea environment with the Phillipines, this would be one way to help repair the damage they did from standing by and doing nothing with the disaster. Especially if countries like Japan start using incidents like this to gain traction on isolating China diplomatically, there may be more of a need for an olive branch. Whether the Phillipines government will be so outraged and distrusting that they harden their stance is another question altogether.
We'll see, but for a penny the potential and liquidity is very attractive.
Haha, yeah pretty much, you, me, my family and yours. That about covers it :)Can't wait to see their first new acquisition and direction they are looking to move. Diamond in the penny market.
Latest 10Q shows switch to equity method for QBAK, a sign of increased control. They also removed language that they should not be considered an investment company.That switch should make the holding company concept more clear for SEC purposes.
How this plays into the bigger picture still not known, but if there were cash dividends given out equity method more beneficial for BKFG. The big question I have is what is Bronson's plan with the new BKFG subsidiary and it's relation to the companies QBAK holdings.
Making money at least on sizable revenues :) Most curious what their plan is for that $10 million credit facility is, might decrease the need to add equity for acquisitions. Could be beneficial to shareholders.
Good macro bet here, like the potential on this one, the type of penny stock with liquidity than can run big.
Yeah, significantly less with those diluted shares taken into account. Looks like $.045 added to share value with that rise in CUR in the last quarter of diluted, takes us to ~ $.073 current net asset value at with that 13 million diluted shares. Still remains a piggyback CUR play, at least how I am playing it. Oh I wish if it ever pushed above $5, they might divvy us some CUR shares as they did last time with the initial CUR shares. Always dreaming.
Yeah, keeping me eyes out, lot of activity.
Definetly more shares than I was expecting at these levels.
Wow, who picked up that 1,000 at .025 cents...jealous..
yup, we'll have to see, all the right names, shares they were offering at .50, so to me that should be a base, but with such a thinly traded stock,never know.
yup, we'll have to see, all the right names, shares they were offering at .50, so to me that should be a base, but with such a thinly traded stock,never know.
I mean at this point we got to just add a lil more to thicken the plot, criminal assault charges seems like the next logical step...haha
OT: Hate the games they play with us on these low float ones. Have you ever complained on ZPCM, that's the worst one I've ever seen?
On the Bronson one, it is stacked with cash, but on pure cash I believe it is in the neighborhood of $.87 they were recently reimbursed $394,848.42 by Q___ which they now control for expenses related to the takeover, putting them in the $6.5 million cash range. However if you then add in the investment in Q___ at last report we are looking at around another $3,000,000, then you are looking in the range you are talking about. And then if you add in what he already said he would do if he took Q___ over (i.e do a cash disbursement to current shareholders) there is the potential of millions more flowing in. I can only see cash levels increasing in the short-term unless they make an acquisition (very possible).
Long-term I don't see how it goes down a ton, but as a penny with very few people yet following, things can still fluctuate. What I particularly like is Bronson's pedigree. I like what he is doing across the board, over the last three years getting his hands into a number of different projects, and pushing management with the goal of increasing shareholder value. I think he would be unlikely to hurt shareholders at his own company, goes against his MO.
I still see that .33 there, but only seeing one MM. That said hard to tell after close, will keep an eye on it tomorrow morning. We know he is actively seeking, already courted 12 people, so just a matter of time :) Will keep my eyes out for any signs.
Yeah, I'd be pissed too. If a guy has basically been slandering me for a few years, I'd be watching them too. Phil also would seem like the type of guy who wouldn't forgot someone like that. Ex-hockey player after all, the next nydailynews story...hedge fundie pummels telecom analyst outside NY bar...lol
Bronson continued his share acquisition today. What are his plans? What are his plans :)
I did, I see it now, some reason got lost in the e-mail shuffle :( Thanks for sending that along. As someone in the general marketing arena, he even put it on some nice cardstock paper, not just plain old paper. The little details that tell you how he views his responsibility IMO.