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Does anyone have confirmation on release date of the restricted shares that Gouger received (which was the form of the $200,000 paid for 25% "working interest") or exactly how many shares received? Par Value, restricted convertibles?. In the pinks it is very common for a time period of 6 months or a year, maybe some of both in this case.
The original date for closing on this transaction of the $200,000 worth of restricted shares was on or before February 4th, 2011 and acquisition for the "working interest" is listed as completed on Feb 15, 2011, both year anniversaries coming up shortly.
AMWI had a volatile day with their PR on it. Opened at .69 closed at .26 about .07-.08 now.
http://ih.advfn.com/p.php?pid=nmona&article=50361747&symbol=AMWI
"Alot of those shares are matched up with large short positions as you can see if you have checked our daily short numbers.....
I do not flip my investment penny stocks. I load the boat and hold them tight."
Did you know they were going to get into the rental business or rent to own market? Not sure what that will do to peon rental property owners such as myself, probably take the little bit of strength that poking it's head out and chop it right off.
U.S. Foreclosures Draw Private Equity
By John Gittelsohn - Jan 31, 2012 9:51 AM MT
About 7.5 million homes with a current market value of $1 trillion will be liquidated through foreclosures or other distressed sales by 2016, according to an Oct. 27 report by Thomas Shapiro, president of GoldenTree Insite Partners.
Private equity firms are jumping into distressed housing as the U.S. government plans to market 200,000 foreclosed homes as rentals to speed up the economic recovery.
GTIS Partners will spend $1 billion by 2016 acquiring single-family homes to manage as rentals, Thomas Shapiro, the fund’s founder said. That followed announcements this month that GI Partners, a Menlo Park private equity fund, expects to invest $1 billion, and Los Angeles-based Oaktree Capital Management LP will spend $450 million on similar housing.
“It’s a massive market,” Shapiro said in a telephone interview from New York. “We’re starting to see this as a billion dollar opportunity to buy rental housing.”
Creating more single-family rental properties is one of a series of programs introduced by President Barack Obama’s administration aimed at reviving the housing market. An S&P/Case-Shiller index (SPX) of property values in 20 cities has dropped 33 percent from its peak in July 2006 and 12 percent of homeowners with a mortgage are either delinquent or in foreclosure. Last week, the administration revised its Home Affordable Modification Program, offering government incentives for mortgage investors Fannie Mae and Freddie Mac (FMCC) when they forgive debt on homes that lost value as a way of preventing delinquent borrowers from losing their houses.
Increasing Rentals
Increasing rentals may reduce lenders’ losses on foreclosed and surrendered properties and curb declines in home prices, according to a Federal Reserve study Chairman Ben S. Bernanke sent to Congress on Jan. 4. Private equity funds began focusing on these investments in September, after the administration asked for proposals to sell the government’s inventory of foreclosed homes -- about half of all houses seized from delinquent borrowers.
The S&P/Case-Shiller index of property values in 20 cities declined 3.7 percent from November 2010 after falling 3.4 percent in the year ended in October, according to data released today. Economists projected a 3.3 percent drop, according to the median estimate in a Bloomberg News survey.
Even as prices dropped, the “seeds to a recovery are being planted,” Karl Case, co-creator of the measure, said today in an interview on Bloomberg Radio’s “Bloomberg Surveillance,” with Ken Prewitt and Tom Keene. “Efforts are underway to deal with a backlog of foreclosed properties,” he said.
The Federal Housing Finance Agency, which oversees Fannie Mae (FNMA) and Freddie Mac, plans to complete initial transactions in the first quarter of this year, offering some of the 180,000 foreclosed homes in their inventory to private operators as rental properties, Corinne Russell, a spokeswoman, said in a telephone interview.
Public-Private Partnerships
The Federal Housing Administration, which also will participate in the rental program, had 32,170 real-estate owned homes seized from borrowers, also known as REOs, as of Dec. 31, according to spokesman Lemar Wooley.
Possible aspects of the program include public-private partnerships to share the risk and profits, “seller financing” guaranteed by the government and rent-to-own opportunities for tenants, according to a November memo.
“It marks the first time that institutional investors are really getting involved, and in the process providing a higher quality product to a tightening rental market,” Oliver Chang, a Morgan Stanley analyst based in San Francisco, said in an e-mail last week
$1 Trillion Liquidations
About 7.5 million homes with a current market value of $1 trillion will be liquidated through foreclosures or other distressed sales by 2016, according to an Oct. 27 report by Chang. That will add to the estimated 20 million single-family homes already operated as rentals, which have yielded annual returns averaging 8.1 percent since 1990, Chang’s report said.
Rentals can produce cash flows, known as a capitalization rate or cap rate, that reduce losses more than reselling foreclosed homes at a time of weak demand, the Federal Reserve report said.
“Preliminary estimates suggest that about two-fifths of Fannie Mae’s REO inventory would have a cap rate above 8 percent -- sufficiently high to indicate renting the property might deliver a better loss recovery than selling the property,” the Fed paper said.
While there may be opportunities, investors should be cautious about borrowing to invest in markets such as Las Vegas (SPCSLV), where a transient population and economy dependent on a single industry like gaming, make it hard to see an exit strategy, Kenneth Hackel, managing director heading securitized products strategy for CRT Capital LLC, said in a telephone interview from Stamford, Connecticut yesterday.
Track Record
“For the kind of properties I looked at, and in most cases, capital markets aren’t excited to finance the REO-to- Rental marketplace at this stage,” said Hackel, who toured Las Vegas (SPCSLV) homes on the market this month. “Once you establish a track record and have some positive cash flow in place, then perhaps you can get some interest in having leverage. But I think as a first step, investors are best served by looking at this on an unlevered basis.”
The U.S. homeownership rate fell to 66 percent for the quarter ending Dec. 31, as low as 1998 levels and down from a peak of 69.2 percent in December 2004, according to a U.S. Census Bureau report comes out today.
“New households have a much higher propensity to be renters,” Thomas Lawler, a former economist with Fannie Mae who’s now an independent housing consultant in Leesburg, Virginia. “And a lot of folks who are losing their homes to foreclosure are now renters.”
Rental Demand
Demand for rental housing helped boost shares of the 12- member Bloomberg Apartment Real Estate Investment Trust index 13 percent over the past 12 months compared with a 2.1 percent gain for the S&P 500 Index. It’s also attracting private equity funds to single-family homes, which historically have been an investment for small investors.
Cerberus Capital Management LP, Deutsche Bank AG, Fortress Investment Group LLC (FIG), Starwood Capital Group LLC, TCW Group Inc. and UBS AG are among the financial firms that submitted responses to the federal request for information in September, according to a list obtained by Bloomberg through a Freedom of Information Act filing.
“We believe we’ll easily be able to raise $1 billion this year in total,” said Rick Sharga, executive vice president of Carrington Mortgage Holdings LLC in Santa Ana, California, which will manage the homes bought with Oaktree Capital’s money. “The ultimate fund could be several times that.”
Carrington Manages
Carrington currently manages more than 3,000 rental homes for Fannie Mae, mostly in California, Arizona, Nevada and Florida, Sharga said.
Single-family home rentals can yield cash flows that are 300 basis points, or 3 percentage points, higher than apartments, said Gregor Watson, principal of McKinley Capital Partners LLC of Oakland, California, which has invested $100 million in the past two years, buying more than 400 foreclosed homes in the San Francisco Bay Area and other western U.S. cities. McKinley’s largest financial backer is Och-Ziff Capital (OZM) Management Group, a New York-based investment fund with $28.9 billion under management as of Nov. 1, Watson said. Jonathan Gasthalter, an outside spokesman for Och-Ziff declined to comment.
“This will be a new institutional asset class in the next 24 months,” Watson said.
Forming a REIT
GTIS, which has $2 billion of assets, expects to hold its homes about five years, waiting for housing prices to recover before selling, Shapiro said. If housing prices don’t rebound, GTIS can exit by forming a real estate investment trust with shares sold to investors attracted by the rental income, similar to REITS for multifamily, industrial or office properties, he said.
“Single family dwarfs any of those asset classes,” Shapiro said. “When you think about the number of homes that are going to be rented and institutionally owned, they’re going to become its own asset class.”
GTIS, which has invested $225 million in partnerships with homebuilders such as Hovnanian Enterprises Inc. (HOV) since 2010, will hire in-house staff to manage the rental properties in each area, Shapiro said. He declined to disclose his expectations for returns on investment.
“We think the important thing is on the operations and management side as opposed to playing a numbers game, like I’m buying for 30 cents on the dollar to a 12 percent yield,” he said.
Buying in Bulk
GTIS expects to buy homes in bulk from banks, Fannie Mae and Freddie Mac, Shapiro said. Properties will also be bought individually at courthouse auctions and through short sales, when lenders agree to sell for less than the balance of the mortgage, he said.
GTIS will start buying in cities in Nevada, Arizona and California -- the states with the three highest foreclosure rates, according to RealtyTrac Inc. -- and Florida, which RealtyTrac ranked seventh in December, Shapiro said.
“The key is being able to efficiently manage these homes,” he said. “That’s why we’re targeting select markets. Our intention is to rent them, to hold them for long term.”
To contact the reporter on this story: John Gittelsohn in Los Angeles at johngitt@bloomberg.net
To contact the editors responsible for this story: Daniel Taub at dtaub@bloomberg.net; Rob Urban at robprag@bloomberg.net.
http://www.bloomberg.com/news/2012-01-31/foreclosures-draw-private-equity-as-u-s-selling-200-000-homes-mortgages.html
Looks like THRA already did, crawled under a rock that is.
"current shareholders will be wiped out in the rinse and repeat cycle. then they get to do this scam all over again."
The most common and detrimental rinse and repeat cycle scam out there and most fitting to a dirty pink like BNPD. Looks like today, not too many people going for it. Couldn't even get a C note out of it and all on the sell side. Maybe some front loading or promotional campaign might come along to kick some volume so Pawson and other insiders can dump a bunch, but still with the same results.
R/S -- Swish, swish, there goes the pps down the drain.
That might be, but potential does many times not turn out in that business. Tejones (Gouger) has a record of stating lot's of potential but very little or nothing to back it up from his wells or his oil operations. One of the expenses for shareholders is the payments to the operating company (in this case Tejones), so like a stock broker, makes money whether or not a lot of oil gets produced. That's aside from any share ownership in his penny companies.
Would you have a official link to those "geology reports", not just PR's or the like that states them? Just curious, might be out there, just don't seem to have any in my files at the moment.
ROFL Yes it is. Swish, swish, pps down the drain again after the R/S.
There's lots of reasons a well might not be drilled, but it usually has to do with money somehow and your reason would be included. Could be that reports or views by any people or partners have that it's just not feasible or economically viable to do so. Most if not all of Gougers oil wells are only what is labeled stripper or marginal wells and the cost to pump the few barrels out is meeting or exceeding any profits (also with violations or severances occurring regularly).
Just because an oil well is there or possibilities that a good amount of oil can be had from the reserve field, does not mean that it is some great gusher. Technology has gotten better in that industry, but lousy oil wells still get drilled.
But if and when Sanger site is drilled, there will be reports and "Potential Proration" results that has to be filed and adhered to. If production goes over that data, more violations will occur so any production will be recorded and limited to those prorations.
Then there is lease liability costs for "working interest" in any wells. Those also eat at profits and can be a major expense.
That has NOT been the statistical case here in the pinky world or even with this stock and basically been rinse and repeat for the spin with dirty shells including this one. Of course real oil wells that BNPD does not have are more of the position or issue of any shareholders. Numbers don't lie, pinky "administrations" and changes to those do.
"Administrative changes are better for the share holders in the long run."
Well as always, great deal for him, but bad deal for any shareholder that has to do with any of his stocks that he's associated with.
And as I stated before
"Changing symbols or upgrading cheap webpages means nothing as far as value for BNPD, turdy, toxm, tomi, or any other letters that may arise. R/S's have negative conotations for BNPD and lack of debt repayments, not taking care of the proper Texas legalities or violations for the dead oil wells, not having any profitable oil able to come out of the stripper wells that Gouger has have more to do with the stock.
Changing symbols or webpages happens all the time in the sub pinky world and always falls flat of the expectations and usually incur big losses for the gullible that believe in it."
I just have been keeping track of his actions and his associations through official documents and matter of records throughout a long period of time. What I stated is just what he's done and has been recorded along with paying attention to any current or future actions again through documented and official sources.
Why he has not drilled yet could be multiple reasons, but I could extrapolate that if those reasons weren't negative, it probably would be done by now.
Yep, R/S are only detrimental for the common shareholder, for the insiders of BNPD, it's great and Pawson as we know is the NO BID-.0001 King. So he sure doesn't care what pps BNPD is.
I'm assuming the "sad" part being the R/S. The ticker change has no value for the company and meaningless.
There seems to be a certain time process for all violations and severances with the RCC. It may take another couple of weeks for more notices to him and then longer for serious actions taken against him. Gouger uses this process all the time and ignores Texas law on regular basis. Gouger has had this type of violation before, but usually has taken care of it about a month after the original notice from the RCC.
He's really lagging this time out, but definitely improper reporting and violating standards are his forte.
Changing symbols or upgrading cheap webpages means nothing as far as value for BNPD, turdy, toxm, tomi, or any other letters that may arise. R/S's have negative conotations for BNPD and lack of debt repayments, not taking care of the proper Texas legalities or violations for the dead oil wells, not having any profitable oil able to come out of the stripper wells that Gouger has have more to do with the stock.
Changing symbols or webpages happens all the time in the sub pinky world and always falls flat of the expectations and usually incur big losses for the gullible that believe in it.
Was CBAI on a "Global Lock" and then had that removed or just on a "chill"? It is possible (at least theoretically) to have a Global Lock removed, but still be chilled and designated "trade for trade".
As I understand, the Global Lock is just a full chill version where all DTCC services are denied or restricted and a "chill" will be only certain sevices like WT's or most common kicking the stock out of the CNS system (designating trade for trade).
That is where the issue comes in. Penson says the hell with them completely and risks are of other in house brokers following their lead and do with some stocks.
As long as the volume stays low (which causes lack of liquidity for traders), I believe they are more inclined to handle certain chilled stocks. But when you get regular heavy volume or trading with dubius promoted pinks with their erroneous finances and share structure, some brokers could and will quickly put their own "chill" on.
Hundreds or thousands of trades need to go through where literally only one trade was required before (due to being kicked out of the CNS). Many of the responsibilties or costs that go with that fall on the broker instead of the DTCC and of course may be passed on to the trader. Why Penson has decided to have no part of it.
Alex Livak has been listed on BNPD PR's since April last year. He also handles other garbage pinks in the Oil, gas, and mineral area including Gougers other POS oil stock MXXH and mineral companies that have gone through criminal litigation with the SEC (in which promoters were fined and banned from penny stocks for years).
No biggie, got it now on my Chrome browser, will set that up for IH.
Are you using Chrome or different browser other than Explorer? It seems that it's readily available for free on Chrome, but not for IE.
Such a salesperson. Honestly it's very annoying and one more reason to NOT use Etrade. But really it is just an ad and premium members shouldn't have to put up with it or have a way of getting it off and not have it showing up.
Trading platforms that online traders are using with charts, screens, right clicks with the mouse, etc are the way and all this is for is trying to get new customers basically. Nothing wrong to trying to make a buck, but have it for non premium members or have a disable function with it. It just feels like a virus and dirty.
Ah, the old and one of the oldest pinky scams in the business. Upgrading to the OTCBB, having a GAAP Certified accounting audit, and becoming fully reporting. Of course it's always in the future and gets dragged out literally forever never to happen.
Looks like not a whole lot of people falling for it. Still zero volume on such great news. Maybe someone will kick them a bone or two to make it show up on the ticker again. LOL
Gouger better get his other paperwork in gear, still in violation with the state of Texas and still no oil wells that are pumping anything, just a bunch of drying up or dried up wells that aren't worth the money and maintenance to pump them.
Both CRWV dollar volume and trade volume is a fraction of what it was 5 months ago. The pps has lost 90 something percent of its value. Hope and belief are not a good CRWV or any other stock investment strategy or trading philosophy. To believe just because a stock is not at absolute ZERO yet that it's just fine and not a bad CRWV investment is a fallacy. 90+ percent loss in pps and volume IS the relative going to nothing. It becomes dead money and 1000's of percent increase necessary and unsurmountable odds to get back even.
There is obvious signs of low volume and lack of liquidity and the chill the DTCC just put on it will make that worse. The numbers back that up. That's the very meaning of the name "chill". The numbers don't lie and spinning that to "CRWV isn't at trips yet or hasn't once had zero volume" won't change that negative.
There are hundreds and hundreds of stocks that just die a slow death, drift around some particular pps, and don't actually hit that .0001 or no bid to be a scam, the SEC, FINRA, and DTCC actions are chocked full of them. The majority of the pinky market works this way. To wait for the very moment of no bid or a zero volume day before realizing there is something amiss and CRWV is a bad investment is quite misguided to say the least.
Sometimes the truth hurts, and its not pleasant to hear, but that won't change the truth about CRWV and the fact that it is already lost most of it's volume and value. And other than a little spike here and there the odds are overwhelming that CRWV is going to continue it's slow death. The tighter to holding on to CRWV shares, the harder the lesson it will be.
It doesn't matter if a tower is under 200 feet or not (I was just giving tower searches as example), the FCC will have regulations and approvals to anything with communication in this field even though different for different applications. Could go on and on about different regulations, the fact there is always something.
And FCC isn't the only authorities that have to have notice or record of things. It sure seems strange that no one has any knowledge of anything with MDGC in Boise area with the exception of what's on fluff PR's and message boards. Nothing can be verified through proper official sources. That may not be 100%, and admittedly the pinky game preys upon the .01% chance idea, but it's pretty telling.
I would give the people I know in that area the respect of some sophistication, they do use real phones with real services that are recorded and information is readily available about those companies or services.
That would include information that was available long before any of the services were in place and just being planned, constructed, or even used or applied for (even if it was going to be utilizing what was already in place). That's just part of the real world sophistication.
In this instance we only have repeated company PR's and statements and that's it.
Your on the wrong board.
http://www.mail-to-order-bride.com/
"stupid is as stupid does"
It's probably been posted before, but the FCC site has a lot of great links and search options. All communication anywhere in the US has to go through and be recorded with them. This would include towers (applications, construction, or granted, denied, etc), information on providers, complaints, and so much more.
Don't want to post every link the FCC site has, but just for examples:
http://www.fcc.gov/guides/getting-broadband
http://www.fcc.gov/wireless-telecommunications-bureau
http://wireless.fcc.gov/index.htm?job=towers_antennas
http://wireless2.fcc.gov/UlsApp/AsrSearch/asrResults.jsp?searchType=TRL
Of course finding MDGC in any of it might be an daunting task, a little hard to find something invisible or non existent.
As more people realize the short fallacy is just BS, learning the requirements, realizing the daily short data is erroneous, and the lack of shorting that is going on with low end pinks (absolutely ZERO with MDGC), the new promotional tool is to try to convince the gullible that it is being done from other countries.
Of course the idea that foreign brokers can do what ever they want here in the US with stocks like MDGC is just as big as fallacy. A foreign broker still needs to be registered and involve SRO's sponsorship for the ability and are under all the requirements of any American broker in order to trade through the exchanges and OTCBB in the USA.
Still has to be reporting, still has to have the $2.50 a share backup, still has to find shares to short, and when were talking trip Zero stocks such as MDGC where one would need 10 of millions of shares to make any money, with absolutely minimal if any volume or liquidity, it's a joke.
Like I stated the aggregate of "shorts" for MDGC on the last report was ZERO and have been only 1% or less that has not settled transitioning through the next cycle or period.
http://www.otcmarkets.com/stock/MDGC/short-sales
Insiders sell shares all the time in the pinkies. More probable that this will run more south before the toxic convertible becomes due. The debt will pick up more shares for low, then maybe a quick Pump and Dump to get rid of them. There might be a little day or two pop before that and people better trade quick. The upside down holders that were gullible enough to buy and keep at the top of the last run might want to think about taking advantage if it happens and cut losses. Combine that with all the people that don't want to be snookered and dragged along from the extended financing and sell on any news or just get rid of their position and go elsewhere. Might go a bit flat, but overall the indications are not positive for the pps.
NOTE 7 - NOTES PAYABLE
At fiscal year ended September 30, 2011, the Company had notes payable in the amount of $239,512, compared to $260,695, in the prior fiscal year. The notes included a note payable to an unaffiliated party in the amount of $165,790, which,is not secured by collateral of the company, carries accrued interest of 6%and is due on demand by the holder. The second note payable is to an affiliated company of our President in the amount of $23,338, is not secured by collateral of the company, carries no interest, and is due on demand by the holder. The third note payable is to an unaffiliated party in the amount of $50,333, is not secured by collateral of the company, carries interest of 8%, is due May 3, 2012, and is convertible into common stock at a 45% discount to market.
Of course if BA wants to and has the ability to suddenly get rid of some, they won't care about anyone or anything, and just dump.
17 instances of issuing shares for debt occurred in just 9 months of last year, and AQLV is talking about getting a whole lot more debt. We also don't know when the other debt they have now is going to change to paying off in shares and could be any time "on demand".
Now admit Janice. You really are a Secret Agent for the Government and you are put in these illegal boiler rooms to expose all the naked shorts. LOL
Some of these people only remind me of the scarecrow; "if he only had a brain".
"What about Big Apple and their 20 MILLION plus AQLV shares - what happens if they decide to sell to pay off their SEC fines?
What about Gary - who HAS sold shares between 2010 and 2011?
Those are the ones to be worried about. Unless of course they were the ones selling into the run and now all you have are the few here trying to hold up a whole lotta nothing until the financing news.
It ain't gonna happen.
Did you happen to notice the percentage change in Big Apples position but no change in the number of shares. You KNOW what that means right?"
My calculator knows what that means. LOL
Could easily be another 20 MILLION with future toxic debt payoff with just the May 3 convertible. The toxic debt that isn't stated as convertible and just "due on demand" most of the time just goes to issued shares one way or another and more 10's of millions of shares. Some may have even been part of the last run.
NOTE 7 - NOTES PAYABLE
At fiscal year ended September 30, 2011, the Company had notes payable in the amount of $239,512, compared to $260,695, in the prior fiscal year. The notes included a note payable to an unaffiliated party in the amount of $165,790, which,is not secured by collateral of the company, carries accrued interest of 6%and is due on demand by the holder. The second note payable is to an affiliated company of our President in the amount of $23,338, is not secured by collateral of the company, carries no interest, and is due on demand by the holder. The third note payable is to an unaffiliated party in the amount of $50,333, is not secured by collateral of the company, carries interest of 8%, is due May 3, 2012, and is convertible into common stock at a 45% discount to market. The Company recognizes this third note payable as a derivative liability and has accounted for it as follows:
It goes right along with my point I was making
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71438346
This is how it's done and is nothing new for AQLV
NOTE 8 – STOCKHOLDERS’ DEFICIT
In December 2008, the Company completed its spin-off by distributing 1,167,170 common stock shares to stockholders of CSBI. The remaining 4,832,830 common stock shares previously owned by CSBI were returned and canceled.
On April 12, 2010, the Company issued 115,572,170 post-split shares of Common stock for $30,000 in cash and a note receivable to the Company’s subsidiary, IAI, in the amount of $170,000. The transaction resulted in a change of control of the Company and was identified in the 8-K filed on April 16, 2010.
On May 7, 2010, the Company issued 20,000,000 post-split shares of Common stock for $20,000 in consulting services.
On May 7, 2010, the Company issued 30,000,000 post-split shares of Common stock and 250,000 shares of Preferred stock as part of an acquisition agreement for Focus Systems, Inc. from Propalms, Inc. The transaction was recorded on the Company’s books at $310,000. The transaction was reported in the Company’s 8-K filed April 21, 2010.
On May 7, 2010, and in conjunction with the Focus acquisition agreement, the Company issued 500,000 shares of Preferred stock for an investment receivable in the amount of $250,000.
On May 14, 2010, the Company completed a 10:1 forward split of its Common stock.
On August 2, 2010, the Company issued 5,000,000 shares of Common stock for $30,000 in consulting services.
On August 2, 2010, the Company issued 5,000,000 shares of Common stock for $20,000 in consulting services.
At September 30, 2010, the Company recorded the impairment of the unexercised investment receivable from the Preferred stock issued May 7, 2010. 464,352 shares of Preferred stock were returned to the Company.
In October 2010 the Company issued 9,500,000 shares of Common stock to repay $5,000 in debt.
In December 2010 the Company issued 400,000 shares of Preferred stock for the purchase of 50% interests in AquaLiv, Inc.
In December 2010 the Company issued 3,750,000 shares of Common stock in exchange for 24,000 shares of Preferred stock valued at $24,000.
In January 2011, the Company issued 90,000 shares of Preferred stock for $45,000 in cash.
I n January 2011, the Company issued 100,000 shares of Preferred stock for $50,000 in cash.
In April 2011 the Company issued 10,000,000 shares of Common stock to repay $5,000 in debt.
In May 2011 the Company issued 10,000,000 shares of Common stock to repay $5,000 in debt.
In May 2011 the Company issued 10,000,000 shares of Common stock to repay $5,000 in debt.
In June 2011 the Company issued 10,000,000 shares of Common stock to repay $5,000 in debt.
In June 2011 the Company issued 3,947,368 shares of Common stock to repay $15,000 in debt.
In June 2011 the Company issued 2,380,952 shares of Common stock to repay $10,000 in debt.
In July 2011 the Company issued 3,200,000 shares of Common stock to repay $8,000 in debt.
In July 2011 the Company issued 11,500,000 shares of Common stock to repay $5,750 in debt.
In July 2011 the Company issued 4,095,238 shares of Common stock to repay $8,600 in debt.
In August 2011 the Company issued 12,000,000 shares of Common stock to repay $6,000 in debt.
In September 2011 the Company issued 6,500,000 shares of Common stock to repay $3,250 in debt.
In September 2011 the Company issued 7,500,000 shares of Common stock to repay $3,750 in debt.
In September 2011 the Company issued 10,000 shares of Preferred stock for $5,000 in management fees.
In September 2011 the Company issued 50,000 shares of Preferred stock for $25,000 in cash.
In September 2011 the Company’s subsidiary received $5,414 in cash in exchange for previously issued Preferred stock related to the AquaLiv, Inc. acquisition.
http://www.otcmarkets.com/stock/AQLV/financials
BA owning shares in any company has been a big issue. AQLV is not immune toward this type of thing. BA just happens to be one of the worst offenders and biggest detrimental dumpers there is. They have acted criminally with the way they have done business, many have already known this for some time. BA doesn't have shares to not dump at some point in time and it will be at the expense of AQLV shareholders value. That is just a given.
But according to the PR's that some want to spin into something good, BA won't be the end of much more toxicity to come. Any financing if it comes (it won't ever be anything close to the amounts PRed), will be in form of more toxic debt, more A/S, and more degradation to any shareholders valuation.
May get more P&D, very short term trading, but long or even mid term will be just assassination to the pps.
Of course the company isn't going to reveal that, they are going to do nothing but push and try to manipulate the idea that all of that is not an issue. Just normal pinky and "magic water" crud (whoops, I guess it's magic pills or beans now).
I have a feeling (and the feeling seems to be playing out) that the share selling businesses like CRWV are going to be scrutinized more and more. This exaggerating gold mines, phony financials, R/M, etc and then doing P&Ds, toxic financing, and the like just aren't going to cut it as it once did. About time I say.
Geesh. And people wonder why a company like THRA gets a chill or lock. Cry and moan that the DTCC won't give out a reason. Pretty obvious really when you get financial accounting such as that.
Guess that's why only a couple of thousand bucks can be called "high volume" for these type of stocks. About all it leaves is a dozen or so trades to jump and down for. LOL
Got to love the video
Buy the dips and load the boat before you miss the bus!
BNPD PUMP and DUMP Chart
Classic P&D chart.
8+ months now of false promises since inception
8 months of "ticker change" (not that that does anything for the company).
8 months of no oil production or profits for shareholders.
8 months of loosing 95% of pps value from the high of pump.
8 months to ZERO volume and/or liquidity and lower price from when they started the pump.
8 months to get to beating up dead horses.
I guess the SEC is getting tired of charity. You know, not in the bit guilty or doing anything wrong and just "agreeing" to give money to the Authorities. Well, at least owing them. LOL
"Like I say, no one who has been around penny stock scams for more than five minutes can have the slightest doubt about how all this will unfold."
Well, unfortunately it takes some a bit longer, but still same end result. Just classic pinky technique, and this "loan" will go on and on and on and on. Just a long as AQLV can nurse the idea. It will be next month, soon, even next week over and over again.
The criteria to get this type of farm lending is just completely out of AQLV's league. Longevity of profit and experience, operation, value of land, what the money is for, are just a few things that has to be contended with. The criteria and scrutiny of the governmental authorities over the lending banks have changed forever at this point.
Lending for unproven "magic water" is not part of the system. That kind of money comes from pink toxic financing and destruction of share value involving companies like BA, not institutional banks.
The only manipulation causing CRWV being on the list will fall solely with the insiders and company of CRWV. They would be the ones who manipulated this into where they are now. I would agree that is a negative for them.
CRWV and it's insiders are the only ones who are responsible for the share structure, business, and promotional practices. If CRWV was following guidelines set up by the SEC, DTCC, FINRA, proper business and reporting standards, etc., they wouldn't be on the list. Any "efforts" must come from the companies like CRWV in how they conduct themselves in the pinky market.
As far as discussion of other stocks, a better venue would be somewhere else. Here is a good link to DTCC requirements and board to maybe look to.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68938706