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Garry Conille
Looking good today.
IMO, though, it's just current holders anticipating.
I'm keying on the silence we've observed from the Company on the position of the ships and the start of drilling.
This management team is experienced and sharp. When they do say something it'll be a doozie!
Vankent, the Chinese seem to be aggressively vying for leadership in solar technology. (If our own government should ever show such interest wouldn't it be wonderful?)
IMO Natcore has the leadership science that the Chinese crave.
Over the next one or two years (as our science progresses) I see little threat from the Chinese. After our science is developed and proven... then ???
Regarding the other company you cite.... one look at their stock chart tells me they have many more management problems than just a Chinese patent lawsuit.
On the other hand, Natcore seems to have an absolutely top notch management team running as fast as they can.
Another impressive announcement.
This company is so professionally run it puts most other holdings to shame.
What an early investment opportunity at these prices!!
By the way, if anyone is having problems downloading announcements from the company site, they can also be accessed via the Australian stock exchange:
http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=GXY#chart
I don't think the gurus on Wall Street have any respect for CODI... but I think CODI's collection of industry-leading mid-size companies is just the ticket for real long term growth... both in divi's and in share price.
Digital seas has been undergoing maintenance for almost a week.
Any other ways to track Jasper Explorer?
The Jasper Explorer is now UNDERWAY!!
____________________________________
Vessel Related Infos
Name: JASPER EXPLORER
Ex-names: NEPTUNE EXPLORER ...
1 more names
MMSI: 564347000
IMO: 7305980
Callsign: 9V7516
Flag: Singapore
Vessel type: Other Type Of Ship
Width: 30 m
Length: 165 m
Type of cargo: all ships of this type
Nav. status: underway
Max. draught: 7.2
Voyage related infos
Speed: 11.0 kn
Course: N
Destination: Transit
Arrival CEST: 2011-09-30 2:00 pm
Arrival UTC: 2011-09-30 12:00 pm
Last report: 1 Hours ago
Location: Tanjung Pelepas, My
2Q11 Quarterly Report Posted:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=58050
see page 9:
"No sales were recorded during the latest quarter. Two trials were completed after the quarter ended; however, implementation will not begin until late in the current quarter."
Ah, well... this one is for the patient investor... but we may still have a chance.
Telestone Technologies Corporation Announces Second Quarter 2011 Results
-- Revenues Grew 46.4% and Net Income Grew 163.0% versus the Year-Ago Quarter
BEIJING, Aug. 15, 2011 /PRNewswire-Asia-FirstCall/ -- Telestone Technologies Corporation (NASDAQ: TSTC) ("Telestone" or the "Company"), a leading developer and provider of telecommunications local access networks in China, today announced its financial results for the second quarter ended June 30, 2011.
Second-Quarter 2011 Highlights
Revenues increased 46.4% year-over-year to $24.3 million
Gross profit increased 41.8% year-over-year to $10.6 million, with a gross margin of 43.7%
Operating income increased 154.1% to $5.5 million, as compared to $2.2 million in the second quarter of 2010
Net income increased 163.0% to $4.5 million, or $0.37 per diluted share, as compared to $1.7 million, or $0.16 per diluted share in the second quarter of 2010
Non-GAAP income increased 173.4% year-over year to $5.0 million, or $0.40 per diluted share
On May 12, 2011, the Company signed a letter of intent to acquire 100% of Sichuan Ruideng Telecom Corporation.
Longman, I see it. But I don't understand it.
Sounds like some kind of mechanism so that failed trades can be covered.
Do you interpret it to mean something else?
Rule 62 - What a find!!
I'd like to see what else this poster is up to. Can you give me a pointer to anything he's posted? I'll take it from there.
$5 is a magic number at this point.
What you saw might have been the first of the $5 and up big players entering the scene.
As I see it, Ray Leonard may well be attracting a substantial base of very strong shareholders who only focus on the long term prospects.
When he finally pulls the trigger on the shorts... and there are insufficient trading shares to cover their ever-growing position ...
WOW!!
Short Selling introduction
http://www.thestreet.com/story/10383365/how-short-selling-works.html
Any ideas on how to track the number of HDY shares that can be borrowed to short against?
Also, any ideas how to find HDY borrowing fees?
All replies much appreciated.
Right back down again!
Whomever these shorts are... they are one determined bunch.
When they finally have to cover, it'll be a bloodbath.
HMS Holdings Corp. (NASDAQ: HMSY) today announced that the shareholders approved the increase of its total authorized number of shares of common stock. Therefore, as previously announced, the Company will effect a three-for-one stock split of the Company's common shares in the form of a common stock dividend. All shareholders of record as of the close of business on July 22, 2011, will receive two additional shares of common stock for each share held on that date. The additional shares of common stock will be distributed on August 16, 2011.
"We believe our decision to split the stock is reflective of our history of solid performance, our positive outlook for our company and our confidence in our ability to continue to create significant value for our shareholders,” said Bill Lucia, HMS President and Chief Executive Officer. “Furthermore, the additional outstanding shares will improve our marketability and liquidity in the market and make our common shares more attractive to a broader range of investors."
About HMS (NASDAQ:HMSY)
HMS Holdings Corp., is the nation's leader in coordination of benefits and program integrity services for healthcare payors. HMS's clients include health and human services programs in more than 40 states; commercial programs, including commercial plans, employers, and over 120 Medicaid managed care plans; the Centers for Medicare and Medicaid Services (CMS); and Veterans Administration facilities. As a result of the company’s services, clients recovered over $1.8 billion in 2010, and saved billions of dollars more through prevention of erroneous payments.
Looks like its all over!
----------------
Report Selection Criteria
Case ID: 502010CA001032XXXXMB
Docket Start Date:
Docket Ending Date:
Case Description
Case ID: 502010CA001032XXXXMB
Case Caption: GEOTEC V WHITE KNIGHT HOLDINGS
Division: AD - FRENCH
Filing Date: Thursday , January 14th, 2010
Court: CA - CIRCUIT CIVIL
Location: MB - MAIN BRANCH
Jury: N-Non Jury
Type: CD - CONTRACT & DEBT
Status: DAO - DISPOSED AFTER OTHER
Related Cases
No related cases were found.
Case Event Schedule
No case events were found.
Case Parties
Seq # Assoc Expn Date Type ID Name
1 PLAINTIFF @2119667 GEOTEC INC Aliases: none
2 1 ATTORNEY 0012908 FEELEY ,ESQ, MATTHEW J Aliases: none
3 DEFENDANT @2119668 WHITE KNIGHT HOLDINGS LLC Aliases: none
4 DEFENDANT @2119669 DEERFIELD ENTERPRISES INC Aliases: none
5 DEFENDANT @2119670 RAY, BRADLEY T Aliases: none
6 JUDGE AD FRENCH, JUDGE DAVID E Aliases: none
Docket Entries
Docket
Number Docket Type Book and Page No. Attached To:
00000 - ADDITIONAL COMMENTS
Filing Date: 14-JAN-2010
Filing Party:
Disposition Amount:
Docket Text: none.
800FF - CAFF
Filing Date: 14-JAN-2010
Filing Party: GEOTEC INC,
Disposition Amount:
Docket Text: none.
PE - PENDING
Filing Date: 14-JAN-2010
Filing Party:
Disposition Amount:
Docket Text: none.
RCPT - RECEIPT FOR PAYMENT
Filing Date: 14-JAN-2010
Filing Party: GEOTEC INC,
Disposition Amount:
Docket Text: A Payment of -$431.00 was made on receipt CAMB373892.
1 CMP - COMPLAINT
Filing Date: 14-JAN-2010
Filing Party: GEOTEC INC,
Disposition Amount:
Docket Text: none.
2 SMIS - SUMMONS ISSUED
Filing Date: 14-JAN-2010
Filing Party: RAY, BRADLEY T
Disposition Amount:
Docket Text: SM-10-008684
3 SMIS - SUMMONS ISSUED
Filing Date: 14-JAN-2010
Filing Party: WHITE KNIGHT HOLDINGS LLC,
Disposition Amount:
Docket Text: SM-10-008686
4 SMIS - SUMMONS ISSUED
Filing Date: 14-JAN-2010
Filing Party: DEERFIELD ENTERPRISES INC,
Disposition Amount:
Docket Text: SM-10-008687
SRTN - SERVICE RETURN (ATTACHED)
Filing Date: 25-JAN-2010
Filing Party: RAY, BRADLEY T
Disposition Amount:
Docket Text: SERVED.
SRTN - SERVICE RETURN (ATTACHED)
Filing Date: 25-JAN-2010
Filing Party: DEERFIELD ENTERPRISES INC,
Disposition Amount:
Docket Text: SERVED.
SRTN - SERVICE RETURN (ATTACHED)
Filing Date: 25-JAN-2010
Filing Party: WHITE KNIGHT HOLDINGS LLC,
Disposition Amount:
Docket Text: SERVED.
5 MDIS - MOTION TO DISMISS
Filing Date: 08-FEB-2010
Filing Party: WHITE KNIGHT HOLDINGS LLC,
Disposition Amount:
Docket Text: none.
6 NOH - NOTICE OF HEARING
Filing Date: 09-FEB-2010
Filing Party:
Disposition Amount:
Docket Text: 2/24/10 @ 8:45AM ON MOT TO DISMISS
7 ORD - ORDER
Filing Date: 24-FEB-2010
Filing Party:
Disposition Amount:
Docket Text: GRANTING MOT TO DISMISS, DFRENCH
8 CMP - COMPLAINT
Filing Date: 25-FEB-2010
Filing Party: GEOTEC INC,
Disposition Amount:
Docket Text: AMENDED
9 MDIS - MOTION TO DISMISS
Filing Date: 17-MAR-2010
Filing Party: WHITE KNIGHT HOLDINGS LLC,
Disposition Amount:
Docket Text: none.
10 MOT - MOTION
Filing Date: 06-APR-2010
Filing Party: DEERFIELD ENTERPRISES INC,
Disposition Amount:
Docket Text: FOR FEES
11 NOS - NOTICE OF SERVICE
Filing Date: 12-APR-2010
Filing Party: GEOTEC INC,
Disposition Amount:
Docket Text: OF FIRST SET OF INTERROGATORIES TO WHITE KNIGHT HOLDINGS,LLC
12 REQP - REQUEST TO PRODUCE
Filing Date: 12-APR-2010
Filing Party: GEOTEC INC,
Disposition Amount:
Docket Text: TO WHITE KNIGHT HOLDINGS LLC
13 MOT - MOTION
Filing Date: 28-APR-2010
Filing Party: DEERFIELD ENTERPRISES INC,
Disposition Amount:
Docket Text: FOR ADDITIONAL TIME TO RESPOND TO INTERROGS
14 NOH - NOTICE OF HEARING
Filing Date: 10-MAY-2010
Filing Party: DEERFIELD ENTERPRISES INC,
Disposition Amount:
Docket Text: 5-5-10 AT 8:45 AM
15 NCAN - NOTICE OF CANCELLATION
Filing Date: 13-MAY-2010
Filing Party:
Disposition Amount:
Docket Text: OF HEARING OF 5/5/10
16 MNJD - MOTION/NOTICE JUDG DISMISSAL
Filing Date: 18-APR-2011
Filing Party:
Disposition Amount:
Docket Text: MONDAY, JUNE 20, 2011, AT 9:30 A.M.,
DAO - DISPOSED AFTER OTHER
Filing Date: 08-JUL-2011
Filing Party:
Disposition Amount:
Docket Text: PER SHEET, PER JUDGE FRENCH
Nice upward movement recently.
Any ideas about what's going on?
What's going on with the stock price?
Looks to me as if Galaxy is executing their plan seamlessly.
We've got mines. We've got mills.
But where are we going with all these assets?
Any perspective on where this company is headed would be greatly appreciated.
Big Time Move here:
Time & Sales
Price Size Exch Time
$0.3000 26,004 OTO 14:28:16
$0.2700 400 OTO 11:05:37
$0.2700 100 OTO 10:21:52
Does anyone know what happened?
A few hundred shares at $0.27 could be a naive buyer.
26,004 shares at $0.30 says something's up!!
Not likely that ordinary sellers are providing the shares.... not when we see a multimillion share trade near the close.
Methinks that we have at least one more big-player shorter who hasn't thought about Rockstar1's post 7128.
Where is the drillship Jasper Explorer now?
Any suggestions of how to track its progress to Guinea?
Thanks.
Well... the next few weeks should tell this tale.
The company is almost out of cash... but they may just have a proven world-class product... with a few potential customers right on the brink of commitment.
I see this situation as a real nail-biter!!
Haiti Presidential Inauguration Day Today
Yup... I saw that $0.55! But it was only a 200 share trade.
Any chance someone here is familiar with the company or the product?
Looking at the website these guys just might be about to announce product acceptance and then ... kabam!!
Any comments on how Natcore's technology compares with Primestar Solar's technology?
Earlier this month, GE seems to have teamed up with Primestar.
Quoting from Primestar's site...
"PrimeStar Solar is a manufacturer of high performance thin film photovoltaic (PV) modules. We are scaling up our proprietary semiconductor technology for low cost high volume manufacturing. Our modules will be deployed in large scale solar PV power plants and will efficiently tap into the vast energy potential of the sun. They will produce environmentally friendly renewable electricity that is economically competitive with electric power generated from conventional fossil fuels.
We are designing and building highly automated continuous flow factories that are optimized to our semiconductor process. Our thin film PV modules will use a fraction of the raw materials and will require far less energy for manufacturing than conventional crystalline silicon PV. Our cost competitive renewable energy product will be an attractive solution to help meet the World's shifting energy demands."
Trading Halt Pending Announcement
http://www.asx.com.au/asxpdf/20110411/pdf/41xz3tnvhwpzlg.pdf
NIR in "deep doodoo?"
I hope so... but they seem to have plenty of $$$ and sometimes I think we have the best legal system that $$$ can buy.
Let's just see what happens.
Wow!! P/E of 2.3 and dropping!!
Pretty impressive for a company growing at 80% plus.
Does being Chinese carry this much of a burden in today's markets??
Since you seem much more informed than I am when it comes to the subject of mining companies I'd like to pose the following for your comment.
Seems to me that Shoshone may have its hands on some very valuable silver property... but they have not yet succeeded in either 1) quantifying the deposits they claim or 2) mining sufficient quantities of ore to at least prove their operation can be profitable.
Either approach should provide a sufficient basis for raising the stock price substantially... but doing neither means the stock price will just sit there and flounder.... Comments?
The Procter & Gamble Company (NYSE: PG) and Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA) today announced the signing of a master agreement to create a partnership in consumer health care by bringing together both companies’ existing over-the-counter (OTC) medicines and complementary capabilities to accelerate growth.
This new business model combines P&G’s strong brand-building, consumer-led innovation and go-to-market capabilities with Teva’s broad geographic reach, its experience in R&D, regulatory and manufacturing and its extensive portfolio of products.
“This unique partnership positions P&G and Teva to be a leading player in the consumer health care industry,” said Bob McDonald, chairman of the board, president and chief executive officer of P&G. “This is a remarkable opportunity to accelerate growth for both companies’ OTC businesses. Together, we will serve more consumers in more parts of the world, more completely, by increasing access to high quality, affordable over-the-counter medicines.”
“We are extremely pleased to be joining forces with Procter & Gamble, the world leader in brand building and innovative go-to-market capabilities,” said Shlomo Yanai, Teva’s president and chief executive officer. “This partnership will create value by immediately expanding the number of channels and geographies in which each company’s OTC products will be sold. Together, we will develop a new platform with the potential to reshape the entire global OTC market.”
Annual Sales of More Than $1 Billion
The partnership will include a joint venture that combines the companies’ OTC businesses in all markets outside of North America. The markets included in the joint venture generated sales of more than $1 billion in 2010.
Teva will provide access to its unparalleled portfolio of medicines and global R&D and manufacturing expertise and infrastructure. As part of the partnership, the companies intend for Teva to take global responsibility for manufacturing to supply the joint venture markets and P&G’s existing North American business.
Significant Growth Potential
OTC health care medicines offer significant growth potential for both companies in developed and emerging markets. The companies expect to stimulate faster growth in the nearly $200 billion OTC market as the global population continues to age, consumers increasingly focus on quality of life and wellness and more consumers personally manage their family’s health care choices and rely on trusted brands. In addition, economies in emerging markets continue to grow quickly and consumers are gaining purchasing power. All of these factors will contribute to continued strong growth of the global consumer health care market.
This partnership will enable both companies to generate greater value from their existing OTC businesses. By broadening its OTC product offerings, Teva will further strengthen its position with major pharmacy customers around the world. For P&G, the partnership will accelerate global expansion of its leading OTC brands such as Vicks, Metamucil and Pepto-Bismol.
In addition, the partnership will exploit opportunities to develop Rx-to-OTC switches to create new trusted brands to be marketed worldwide, including in North America.
The transaction is expected to close in the fall of 2011 subject to receipt of required regulatory approvals.
Conference Calls / Webcasts
P&G and Teva will host a joint conference call as well as individual conference calls today to discuss the partnership in more detail.
A joint conference call will begin at 9:30am ET. To participate in the call from the United States, please dial 800-798-2864 or 617-614-6206 internationally. The Conference ID or Passcode is 7128202. A webcast of the call can also be accessed from the companies’ websites at www.pg.com and www.tevapharm.com. Following conclusion of the call, a replay of the webcast will be available within 24 hours at the companies’ websites.
A P&G conference call will begin at 10:00am ET. To participate in the call from the United States, please dial 866-831-6272 or 617-213-8859 internationally. The Conference ID or Passcode is 6929206. A webcast of the call can also be accessed from the company’s website at www.pg.com. Following conclusion of the call, a replay of the webcast will be available within 24 hours at the Company’s website.
A Teva conference call will begin at 12:00pm ET. To participate in the call from the United States, please dial 866-770-7129 or 617-213-8067 internationally. The Conference ID or Passcode is 91148530. A webcast of the call can also be accessed from the company’s website at www.tevapharm.com. Following conclusion of the call, a replay of the webcast will be available within 24 hours at the company’s website. A replay of the call will also be available until March 25, 2011, at 3:00pm ET, by calling 888-286-8010 (US) or 617-801-6888 (International). The Conference ID or Passcode is 13624779.
About Procter & Gamble
Four billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers®, Tide®, Ariel®, Always®, Whisper®, Pantene®, Mach3®, Bounty®, Dawn®, Gain®, Pringles®, Charmin®, Downy®, Lenor®, Iams®, Crest®, Oral-B®, Duracell®, Olay®, Head & Shoulders®, Wella®, Gillette®, Braun® and Fusion®. The P&G community includes approximately 127,000 employees working in about 80 countries worldwide. Please visit http://www.pg.com for the latest news and in-depth information about P&G and its brands.
About Teva
Teva (NASDAQ:Teva) is a leading global pharmaceutical company, committed to increasing access to high-quality healthcare by developing, producing and marketing affordable generic drugs as well as innovative and specialty pharmaceuticals and active pharmaceutical ingredients. Headquartered in Israel, Teva is the world's largest generic drug maker, with a global product portfolio of nearly 1500 molecules and a direct presence in about 60 countries. Teva's branded businesses focus on neurological, respiratory and women's health therapeutic areas as well as biologics. Teva's leading innovative product, Copaxone®, is the number one prescribed treatment for multiple sclerosis. Teva employs approximately 40,000 people around the world and reached $16.1 billion in net sales in 2010.
Where Ault Goes, resignations seem to flow.
Noting in the recent 8k That "Mr. Ault currently serves as Chairman of the Board of Directors of Clear-Lite Holdings, Inc., ("CLRH")."
I was led to find the following:
http://www.sec.gov/Archives/edgar/data/1412299/000121390011000107/f8k011011_clearlite.htm
I'm just a newcomer here, with just a starter position... but I'll be reading this week's announcements very very carefully.
HMS Holdings Corp. (NASDAQ: HMSY) today announced financial results for its fourth quarter and full year ended December 31, 2010.
Revenue for the fourth quarter of 2010 increased 31.4% to $87.2 million, compared with $66.3 million for the same period a year ago. Net income increased 32.5% to $12.4 million or $0.43 per diluted common share for the fourth quarter of 2010, compared to net income of $9.3 million or $0.33 per diluted common share during the fourth quarter of the prior year.
For the full year 2010, the Company reported revenue of $302.9 million, a 32.1% increase over 2009 revenue of $229.2 million. Also for the full year, the Company reported net income increased 33.4% to $40.1 million or $1.41 per diluted common share, versus net income of $30.0 million or $1.09 per diluted common share in the prior year. Earnings per diluted common share increased 30.3% and 29.4% for the fourth quarter and full year, respectively.
“HMS continues on a trajectory of growth, with strong quarterly and full year results,” said Bill Lucia, CEO. “We have a robust, growing core business, but we’ve also proven that we can add new products and enter new markets via product development and acquisition to further diversify our revenue and sustain our level of growth in both revenue and EPS.”
“Healthcare reform provides HMS with many opportunities to help public and private healthcare payors to control costs, even in advance of 2014 when many of the regulations become effective,” Lucia added. “The early adoption of new eligibility rules by states, the new procurements by states for Medicaid Recovery Audit Contractors, and recent activity around the development of healthcare exchanges all call out for HMS’s expertise.”
HMS will be hosting its fourth quarter and full year 2010 conference call and webcast with the investment community on Friday, February 18, 2011 at 9:00 am Eastern Time. Individuals can access the webcast at http://investor.hms.com or listen to the call at 1-888-204-4520. International participants can listen to the call at 1-913-312-1411.
UnderSea Recovery Corporation ("UnderSea") (Pink Sheets:UNDR) is pleased to announce that its reporting status has been upgraded to "Current Information" on the OTC Pink Market, the highest level of the OTC Pink Market.
As a result, the Stop Sign and "No Information" caveats from our trading symbol have been removed and replaced with the "Current Information" designation and symbol.
UnderSea was able to achieve this upgrade by posting a detailed disclosure document (our Initial Information and Disclosure Statement), together with financial statements for the past three years and an Attorney Letter with respect to Adequate Current Information, on the OTC Disclosure and News Service in compliance with the OTC Markets Group's rigorous "Guidelines for Publishing Adequate Current Information."
One indication of the trading benefits and market value typically associated with such an upgrade is documented in a comparison of "Current Information" companies with "No Information" companies, in terms of annual trading volume. Last year, the average trading volume for a "Current Information" security was 73 times greater than the average volume for a "No Information" security ($45,000,000 as compared with $617,000).
In making this announcement, Herbert C. Leeming, UnderSea's CEO, stated: "We are truly delighted with our upgraded reporting status and the greater transparency which will result from this achievement. We are fully confident that our new status will enhance investor confidence in UnderSea and enable us to more readily access institutional and individual sources of capital and expand our stockholder base. We also plan to move forward with registering with the SEC later this year."
About the Company
UnderSea is engaged in the business of locating and recovering historical shipwrecks, primarily those from the 15th through 19th centuries, and other cultural resources (artifacts and other objects of historical and archaeological interest) from the world's oceans and large lakes by applying advanced technologies in an environmentally and ecologically responsible manner.
Forward-Looking Statements Caution:
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: UnderSea Recovery Corporation
Bobby Goldman, Business Development Manager
212-628-8777
bobby777@rcn.com
(404) 826-1164
P.O. Box 28961
Atlanta, GA 30358
UnderSea Recovery Corporation ("UnderSea") (Pink Sheets:UNDR) is pleased to announce that its reporting status has been upgraded to "Current Information" on the OTC Pink Market, the highest level of the OTC Pink Market.
As a result, the Stop Sign and "No Information" caveats from our trading symbol have been removed and replaced with the "Current Information" designation and symbol.
UnderSea was able to achieve this upgrade by posting a detailed disclosure document (our Initial Information and Disclosure Statement), together with financial statements for the past three years and an Attorney Letter with respect to Adequate Current Information, on the OTC Disclosure and News Service in compliance with the OTC Markets Group's rigorous "Guidelines for Publishing Adequate Current Information."
One indication of the trading benefits and market value typically associated with such an upgrade is documented in a comparison of "Current Information" companies with "No Information" companies, in terms of annual trading volume. Last year, the average trading volume for a "Current Information" security was 73 times greater than the average volume for a "No Information" security ($45,000,000 as compared with $617,000).
In making this announcement, Herbert C. Leeming, UnderSea's CEO, stated: "We are truly delighted with our upgraded reporting status and the greater transparency which will result from this achievement. We are fully confident that our new status will enhance investor confidence in UnderSea and enable us to more readily access institutional and individual sources of capital and expand our stockholder base. We also plan to move forward with registering with the SEC later this year."
About the Company
UnderSea is engaged in the business of locating and recovering historical shipwrecks, primarily those from the 15th through 19th centuries, and other cultural resources (artifacts and other objects of historical and archaeological interest) from the world's oceans and large lakes by applying advanced technologies in an environmentally and ecologically responsible manner.
Forward-Looking Statements Caution:
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: UnderSea Recovery Corporation
Bobby Goldman, Business Development Manager
212-628-8777
bobby777@rcn.com
(404) 826-1164
P.O. Box 28961
Atlanta, GA 30358
All I could find was this...
Lakeview Property
During 2010, we entered into an agreement to sell silver concentrate produced at our Lakeview property to a smelter for refining. During the prior fiscal year, our test runs generated revenues of $20,111 from the sale of concentrate to the smelter. Our long-term goal is to mine and mill both silver and gold at our Lakeview property.
Yup, Rick's little company was very painful to me. You traded it. I held!! Ouch!!
Are you with me on UNDR or just fishing?