Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Up on reasonable volume -
if we now just manage to close at .17 we'd be above the 50d MA
Would be nice finish into the weekend.
A follow-up with encouraging news next week about progress with new routes and/or online booking system could then really help drive the share price and I'd finally end up making money
Cheers
News release:
http://biz.yahoo.com/bw/050805/55195.html?.v=1
Viva Receives 'BUY' recommendation from www.AmericanBulls.com
Friday August 5, 10:27 am ET
MIAMI--(BUSINESS WIRE)--Aug. 5, 2005--Viva International, Inc. (OTCBB:VIVI - News) issued a statement today expressing its appreciation of www.AmericanBulls.com for issuing a "Buy" recommendation of Viva's stock.
Pier S. Bjorklund, Business Affairs Consultant for Viva International, Inc. commented, "In light of recent stock fluctuations, an independent review as published by AmericanBulls.com offers what one might deem as a positive review. It's been frustrating to see a decline in our stock price, especially since our fundamentals are finally coming to fruition.
Mr. Bjorklund commented further, "Today marks an exciting day for management and its employees with renewed enthusiasm. This type of news makes us feel our daily efforts are being recognized. We hope to see more firms taking interest in our Company and providing a fair and non-bias assessment of our stock."
AmericanBulls.com was not solicited by Viva and has no contractual arrangement or any other involvement with the Company of any kind.
About Viva International
Viva International, Inc. ("VIVA") is a publicly traded holding entity (VIVI.OB) that specializes in acquisition and development of undervalued commercial airlines and aviation outsourcing companies, collectively referred to as "VIVA." The Company's strategy is to develop a network of airline operations and subsidiary partners to collaborate in maintaining route structures in "niche" markets and to provide high quality products and services to the air travel industry, focused primarily on the air travel market in the Caribbean. VIVA has established a primary executive office in Traverse City, Michigan, including executive and operational offices in Miami, Florida with all airline operations headquartered in Santo Domingo, Dominican Republic and San Juan, Puerto Rico.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("the Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements which are based upon certain assumptions and describe future plans, strategies and expectations, are generally identifiable by the use of words as "believe", "expect", "intend", "anticipate", "project", or other similar expressions. These forward-looking statements relate to, among other things, future performance, and perceived opportunities in the market and statements regarding the Company's mission and vision. The Company's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. Further information on potential factors that could affect Viva International, Inc. is found in the Company's Form 10-K and other documents filed with the U. S. Securities and Exchange Commission.
--------------------------------------------------------------------------------
Contact:
Viva International, Inc.
231-932-7490
or
Nubuzz, Inc.
Pier S. Bjorklund, 800-454-7912
invest@flyviva.com
--------------------------------------------------------------------------------
Source: Viva International, Inc.
SOURCE: Form 144
ISSUER: VIVA INTERNATIONAL INC
SYMBOL: VIVI
FILER: ECJ HOLDINGS TRUST
TITLE: Beneficial Owner
BROKER: MARTIN (SG) SECURITIES LLC
RESTRICTED SHARES TO SELL: 457,044 DATE REGISTERED: 07/06/05
APPROXIMATE DATE OF SALE: 06/01/05
The Form 144 is filed with the Securities and Exchange Commission to
reflect the intention of any holder of restricted stock to sell those
shares. After the 144 is mailed to the S.E.C., the filer is permitted
to sell the shares, or any fraction of them, within 90 days.
Form 144 Data Source: Washington Service (info@washserv.com or 301-913-5100)
(END) Dow Jones Newswires
07-07-05 2312ET
23:12 070705
Should wake up first and then post as I just realized that the news was posted already (just buried a little).
Anyway more seling pressure today.
Cheers
We are now second in volume only trailing USXP with 154mio but half the price.
Let's see whether there's going to be another push to break the day's high
Cheers
128000 @ 0.057 ouch!
Here's the next run 68x69 again. MM are having a field day.
Cheers
We finally broke 0.0065 shooting up quickly now
Only thing I can find is the Research Report published yesterday from Reuters Investment Porfile (costs $20 to read)
Has anybody had a look at what it says? Don't really think this is it, but who knows?!?
Cheers
We're all wondering the same thing
Kudos for the first one to find out. at an average of $0.006 and 85mio vol this is more than $500,000 changing hands
Cheers
Do you have Paintshop Pro or other Image processing programs?
PSP and most IPPs have a capture function that allows you to get sections fo the screen or window.
ascam -
just ask Imakemoney and read shrotkers last post. I think the boot is just due to lack of other icons for an account terminated (even if by user)
Cheers
ascam -
that's one way of putting a spin on events.
How about looking at it another way - somebody being honest enough to resign from the board right after an actual working relationship with Veltex was established.
Cheers
10KSB filed - finally!
http://sec.freeedgar.com/displayText.asp?ID=3608055
Cheers
They're back now
Cheers
Hapslap -
there is one fundamental error in your argumentation.
The company is in a growth stage and reinvesting all and any profits is a must to sustain growth and gain marketshare.
Secondly what makes you think Matin has enough money to just buy at will even if he thinks the pps is going to go up short/mid or long term. I'd expect him to invest that money (if available) into the company to support growth.
This company is by no means beyond critical size yet and growth is essential to have a shot at surviving in this highly competitive market. Shareholder interests are of secondary importance in the short and mid term even if this means lower pps and more dilution.
Of course, alternative financing opportunities with better controlled dilution (or none) are desirable and I'm hoping that's what Matin is pursuing at this time.
AIMHO, of course
Cheers
GP -
just tried it again and have NO troubles viewing all audits (except 2001/2 for which the link is still broken)
Veltex would have to file the audit with the SEC in order for it to show up on EDGAR. As far as I understand the PRs this should not be necessary for the 2003 audit but the pending 2004 audit and the applicable quarterlies for this year depending on when Matin is planning to file.
Cheers
MM -
how do I have to take these two statements:
1. "I have seven figures stake here with Veltex"
2. "Also, I have never ever traded in any penny crap, not one since february 3, 1983. My first day."
3. I thought you stated earlier that you had no investment in Veltex.
Please clarify
Cheers
MM - what are you talking about ?????
All documents are still accessible at the web site
Only 2% of o/s traded thus far -
I for once consider that low volume given today's PR and that either strong hands hold most of the float or most are still in a holding pattern.
This mornings price fluctuation is very understandable given this low volume. I don't consider ~$150,000 traded equity being much and it certainly makes manipulation an easy task (either way, of course)
Cheers
Should read more carefully -
they had to pay $30,000 in fees during the securities sale - hence the term "net of $30,000 of expenses"
Never mind
That's a good news release (8-K) - please read:
Form 8-K for AMERICAN ENERGY PRODUCTION INC
--------------------------------------------------------------------------------
28-Mar-2005
Other Events
Item 8.01 Other Events.
In January 2004, the Company's Board of Directors determined that it was necessary to raise additional capital to carry out the company's business plan and the Company filed a Form 1-E pursuant to the Securities Act of 1933 notifying the SEC of the Company's intent to sell up to $4,000,000 of the Company's common stock at prices between $0.01 and $0.10 per share, or 40,000,000 and 400,000,000 shares, respectively. On January 29, 2004, the 1-E filing notification with the SEC became effective and the Company is registered as an Investment Company under the Act and as such, is authorized to issue up to $4,000,000 in "free-trading" stock at prices ranging from $0.01 to $0.10 per share.
On February 22, 2005, the Company's Board of Directors determined that it was in the best interest of the Company to discontinue the offering discussed above and to investigate other financing alternatives. Accordingly, the Company has filed a Form 2-E pursuant to the Securities Act of 1933 notifying the SEC of the Company's termination of the offering. The Form 2-E filing discloses that the Company received $1,820,000 of proceeds from the offering, net of $30,000 of expenses, through the sale of 171,000,000 shares of the Company's $0.001 par value common stock. As of the date of this Form 8-K filing, the Company has approximately 249,152,155 shares of common stock outstanding.
----
Getting away from equity based financing without exhausting it's originally filed potential and dilution.
I for once am glad to be still in.
Cheers
awake -
here's some reading regarding reverse splits and put that in context with the history of Pacel => the conclusion is up to everyone's interpretation whether Pacel fits the described scenario.
http://www.faulkingtruth.com/Articles/Investing101/1010.html
Excerpt:
7. Restrict reverse splits. This is extremely important. If an individual files for bankruptcy, he or she can't declare bankruptcy again for seven years. Why should a publically traded company be any different? One reverse split is one too many, in my opinion, but multiple reverse splits should be against the law. The most corrupt companies sell hundreds of millions (or even billions) of shares of stock on a regular basis, then declare a reverse split, in effect reducing the number back to near zero, and promptly sell another billion or more shares into the market. In the world of OTC stocks, reverse splits are almost always the kiss of death, especially when they are followed by another round of dilution. I could name a dozen companies off the top of my head that do this for a living (and there are dozens more), but I'm sure every investor has at least one that they've been burned on. Fill in your favorite ripoff company's name here.
8. When a company does declare a reverse split, reduce the number of authorized shares accordingly. In other words, if a company has 500 million authorized shares available, and they sell them all to keep the company afloat, they shouldn't be allowed to declare a reverse split and start all over again. If they are truly declaring a reverse split to reduce the float (say, by enacting a 10 to 1 reverse split to reduce the number of shares to 50 million), then the authorized shares should be reduced proportionately. If they only care about freeing up more shares to sell, let them go to the stockholders for approval.
End Excerpt
Again, it is NOT a given that authorized shares are reduced by the r/s ratio unless corporate by-laws state this explicitely of state law requires it. And given the fact that Pacel has gone through several r/s without reducing the # of authorized shares it is safe th assume that it wasn't the case this time around.
You pointing to the r/s announcement does NOT indicate the reduction in a/s only in o/s and p/s.
Cheers
awake -
your calculation is based on the mistaken assumption that the authorized shares have been reduced by the r/s ratio which is NOT true. It still remained at the pre r/s #. Hence the potential for severe dilution. It's only true for the OS at the moment as the OS are, of coures, reduced by a factor of 1000. Given the company's history of continuous dilution you can draw your own conclusion where the OS will be in a short while.
I think that's what is reflected in the current p/s. And who knows, how many shares were dumped right after the r/s.
Cheers
Sorry Rob*
I just used your reply, nothing else to add!
Cheers
Please do not reply to any of my posts or send me any direct messages. I will not repeat this request. thank you
shrotker -
I would suggest to treat goat* with what worked in the past - ignoring his posts, otherwise he's just encouraged to keep posting his garbage and will swamp the otherwise overall clean board.
Cheers
shrotker -
was thinking along the same lines. Who let him out?!? Thought he was gone for good!
Cheers
Hi Drillbit,
welcome back - was missing your input.
BTW my posting was by no means trying to bash the stock - just doing the math and hoping someone (like you) had some more insight (better access to DD). Any idea why oil production was down for the quarter to what October promised (for BAP)?
Cheers
I own and hold for quite a while already and am still optimistic about the potential - guess patience is the key word...
This is good news and bad news -
Good & bad: output increase from PRI from 568 barrels for Oct. to 2077 barrels for quarter, but at an average price of $31.2 compared to $44.- in October.
Bad: reduced output of oil for BAP (5131 for quarter, 2082 for October alone) and steady gas output at slightly increased prices.
Just hope this decrease in oil production at BAP is only seasonal and not otherwise driven.
Anybody care to comment?
Cheers
shrotker -
I agree on the semi- to non-professionalism exhibited in all PR work. They always leave plenty of opportunity to interpret and keep the specifics at a minimum - maybe because they know from past experience that they were always far too optimistic when they actually announced specifics before. So now they stay as vague as can be until they're close enough to be certain when things will happen (like the day after
Cheers
shrotker -
I wouldn't get so hung up on this "change", because if you read the PRs carefully you'll see that in the PRs from 11/12&22 they talk about "planning on becoming a fully reporting company once the 2003 audit is finished" (not using that audit!!!) and in the 12/9 PR they get more specific what that plan is (using the 2004 audit) which makes sense since the audit has to be recent in order to be able to file for listing on a more reputable exchange!
Just my thought on all of this as I stay on the sidelines waiting to get back in.
Cheers
green...
guess you read my own reply by now...
we're both seeing it the same way, hope this'll turn out profitable for both of us!
Thx
To answer my own concerns -
after reading up a bit on insider trading (of the illegal kind I don't see how CB could be endangered. He published production numbers and projections so disclosed all available info (presumably) pertaining revenue which is the only info (to our current knowledge) that should move the PS. And there is no period associated with this just the pure fact of using non-public information (I mixed that up with the blackout period that applies for employee stock option trading before QSBs...) at the time of purchase or sale for personal benefit (and he is restricted from short term trading (six months), which means he'll have to hold on to the shares until at least mid April next year).
Cheers
Does anyone remember what the blackout period for insider trading is before a QSB? If it's only four weeks he's timed the buys perfectly, if it's six weeks then the QSB should be delayed.
Cheers
CB buying 1.3% of outstanding shares (if 200 mio is still correct) shortly before quarterly report, wouldn't that be considered insider trading if the numbers of the QSB are positive and drive the PS up?
Just wondering (and hoping the QSB brings the expected results and affect the PS upward as I'm holding shares, too)
Cheers
shrotker -
did the same as you (only my stock was a bit older and lower bought). But I, too, think that the R/S is imminent and it will lower the PS. Saw this as the golden opportunity to sell at a nice profit and am looking for an re-entry point sometime down the road.
Cheers
Outdone already as we've hit 0.015.
Cheers
link actually works as is
Anybody notice that we peaked again in site hits amid strong fluctuations (here's the link). Overall fits together with the recent PR about site hits....
http://www.alexa.com/data/details/traffic_details?&range=3m&size=medium&compare_sites=&a...
remove the blanks and supplement the gzfx site name to use the link (18,464 traffic rank)
Cheers