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next volume surge and we're gone!
looking nice today.
XLPI XcelPlus International Takes Lubrilon Products Retail
SALUDA, VA, Jun 16, 2006 (MARKET WIRE via COMTEX) -- XcelPlus International, Inc. (PINKSHEETS: XLPI) is pleased to announce that RPS Marketing LLC has agreed to add Lubrilon products to their retail line. RPS, a well established manufacturer representative group, serves over three thousand retail customers including CSK Auto, BiMart, GI Joe's, Fred Meyer, Coast Auto, General Auto, Costco U.S., Costco Mexico, and Amazon.com.
XcelPlus' Lubrilon line of products includes the ONLY E85 motor oil, which is blended specifically for use in vehicles running on ethanol fuel blends, chemicals to clean internal engine components and fuel systems, and the ONLY engine oil additive tested, proven, and documented by United States Governmental Agencies, Labs, and Universities to provide a permanently bonded coating which increases fuel mileage and virtually eliminates wear and deterioration of internal engine parts. The RPS retail agreement will put these XcelPlus Lubrilon products on the shelves alongside other major brands.
After signing the contract that puts Xcelplus products on retail shelves, Mr. Bill R. Smith, president of XcelPlus stated, "Our products are hitting the retail shelves at the same time that our $10,000,000 in advertising is kicking in. We also just completed negotiations to buy the company that has been making our lubricants and chemicals. The acquisition increases our current profit margins, provides an additional $500,000.00 annual revenue stream, and also increases the profitability of our retail venture with RPS. We believe that our Lubrilon engine protection and E85 retail line is a perfect complement to our Flex-Fuel and Diesenol BioDiesel substitute technologies, and that XcelPlus is rapidly becoming a major force in the automotive alternative fuel marketplace."
About XcelPlus International:
XcelPlus International, Inc. is located in Saluda, Virginia and specializes in marketing clean fuel technologies, chemicals and lubricants.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Contact:
For investor relations contact:
Brad Novak
Email: bnovak@xcelplus.com
Phone: 949-661-5780
SOURCE: XcelPlus International, Inc.
CONTACT: mailto:bnovak@xcelplus.com
xlpi news
XcelPlus International Takes Lubrilon Products Retail
SALUDA, VA, Jun 16, 2006 (MARKET WIRE via COMTEX) -- XcelPlus International, Inc. (PINKSHEETS: XLPI) is pleased to announce that RPS Marketing LLC has agreed to add Lubrilon products to their retail line. RPS, a well established manufacturer representative group, serves over three thousand retail customers including CSK Auto, BiMart, GI Joe's, Fred Meyer, Coast Auto, General Auto, Costco U.S., Costco Mexico, and Amazon.com.
XcelPlus' Lubrilon line of products includes the ONLY E85 motor oil, which is blended specifically for use in vehicles running on ethanol fuel blends, chemicals to clean internal engine components and fuel systems, and the ONLY engine oil additive tested, proven, and documented by United States Governmental Agencies, Labs, and Universities to provide a permanently bonded coating which increases fuel mileage and virtually eliminates wear and deterioration of internal engine parts. The RPS retail agreement will put these XcelPlus Lubrilon products on the shelves alongside other major brands.
After signing the contract that puts Xcelplus products on retail shelves, Mr. Bill R. Smith, president of XcelPlus stated, "Our products are hitting the retail shelves at the same time that our $10,000,000 in advertising is kicking in. We also just completed negotiations to buy the company that has been making our lubricants and chemicals. The acquisition increases our current profit margins, provides an additional $500,000.00 annual revenue stream, and also increases the profitability of our retail venture with RPS. We believe that our Lubrilon engine protection and E85 retail line is a perfect complement to our Flex-Fuel and Diesenol BioDiesel substitute technologies, and that XcelPlus is rapidly becoming a major force in the automotive alternative fuel marketplace."
About XcelPlus International:
XcelPlus International, Inc. is located in Saluda, Virginia and specializes in marketing clean fuel technologies, chemicals and lubricants.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Contact:
For investor relations contact:
Brad Novak
Email: bnovak@xcelplus.com
Phone: 949-661-5780
SOURCE: XcelPlus International, Inc.
CONTACT: mailto:bnovak@xcelplus.com
LFWK
partysasquatch
In reply to: None
Date:6/15/2006 9:31:53 PM
Post #of 16414
The name / cusip was submitted and should show up on the OTCBB list between tomorrow and next Wednesday.
Party
http://www.nafdacnigeria.org/
i've tried calling w no success-
maybe others can get through.
mornin'- LFWK/XKEM/PBLS the fight to .04!
ACMG update from yesterday:
June 15, 2006 - 4:30 PM EDT
Alcar Chemicals Group: Public Update From the CEO
Alcar Chemicals Group Inc. (PINKSHEETS: ACMG); public update from the CEO concerning the company's activities.
With its new, innovative and economical technology, ACMG is planning to integrate itself horizontally into a biomass conversion enterprise. "We departed from manufacturing polymer formulations to concentrate entirely on biomass conversion. Our technology is so amazing and flexible that it will allow us to produce the typical plastic and polymer raw materials as well as ethanol and ethyl ester, or ethanol based biodiesel, entirely from non-food crop and agricultural/agro-alimentary waste," said Alexander P. Cavasin. ACMG is now concentrating on developing potential customers not only in the polymer manufacturing and plastics industries, but expanding its efforts into the transport and power generation sectors as well.
When asked about an update, Alexander Cavasin, CEO of Alcar Chemicals Group, told us the following: "We have now three existing buildings to choose from within the first selected location, all adequate to our technology. I will be releasing the details as negotiations are completed, which is expected to occur by beginning of August as our schedule foresees the installation work to begin by September. We are in the process of evaluating different firms for the subcontracting of the installations and our decision will be taken within the next two weeks. On the marketing end of our activities, the negotiations for the Middle East contract are ongoing and are well advanced. We expect a closing within the week. In addition, we are now working on two very promising potential customers. Should we be able to reach an agreement in all three cases, the combined volume would exceed our planned production capacity for the first facility. On the logistics side, work consists of securing the required agricultural waste -- within the proximity of the facility -- and organizing all aspects implicated in valorizing the precious waste. Minimizing transports and related costs is an essential part of our philosophy and eventually I would like to see only transports fuelled through biodiesel and ethanol for both supply and distribution chains, as to be able to claim a truly petroleum independent process."
When asked about the lack of news Dr. Cavasin told us: "Despite a lack of consistent news, our operations are presently on schedule. I don't believe in fluff releases and we will be issuing PRs as concrete developments are achieved. Updates will be posted on our temporary website as much as possible. Rest assured that everyone in this organization is working very hard towards the same common goal."
About Alcar Chemicals Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass valorisation for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.
To hear more about ACMG from Alexander P. Cavasin go to: http://www.publiccoreport.net/featured/ACMG/company.asp
Important Information About Forward-Looking Statements
All statements and information in this news release, other than historical facts, are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to safe harbor created by these sections. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct and actual results may vary.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Source: Market Wire (June 15, 2006 - 4:30 PM EDT)
News by QuoteMedia
www.quotemedia.com
nice? it could be life changing!
gosh- i'm just hoping to get a new honda fit!
plus the stock was around $1 back then!
"(at .12 why not?)"
because it's shown no sign since 1.50 of stopping its decline-
still watching and waiting...
ACMG .09- .095 /eom
ACMG news- + update from ceo letter (thanks pegbo)
June 13, 2006 - 7:30 PM EDT
Alcar Chemicals Group Signs Letter of Intent With A-M Polymer Industries Ltd
Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) announces that it has signed a letter of Intent with A-M Polymer Industries Ltd after agreeing on the general terms for a licensing contract.
A-M Polymer Industries Ltd had expressed its interest in a licensing deal with a memorandum of understanding issued in May; the two companies have now reached an understanding on the terms and conditions, signing a letter of Intent. "A-M Polymers has been a customer for years and the established relationship facilitates our negotiations. I won't say too much at this stage but I can assure you that a final agreement is imminent," said Alexander Cavasin, CEO of Alcar Chemicals Group.
About Alcar Chemicals Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass valorisation for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and biodiesel, allowing production at cost savings of up to 40% when compared to current production methods.
News by QuoteMedia
www.quotemedia.com
1. What is going on with the contract? What is the location and address/phone for A-M Polymers?
The contract signing is imminent. A-M Polymers is an Algerian company, the result of a spin-off from Technoflex. It is one of Algeria’s oldest polymer and plastics manufacturing corporations. I have not shared contact info as to avoid any interference with the ongoing negotiations. Once the contract (is) signed I will happily post the relevant coordinates.
2.What is going on with the technology/market based evaluation and when will it be available?
The new study will be six to eight weeks once the financial group will give the go ahead.
(notice he says 'once' they give the go ahead, it will be 6-8 weeks after that, could be awhile, the contract revenue is much more important at this stage).
3. When will officers/directors be named and on the website? What about other updates?
Officers and advisory boards will be posted shortly, the main delay here is caused by the directors insurances. I have not been given a concrete answer as of today by our insurance broker. New pictures should actually already have been up…programmers.
(looks like a programmer delay for the pictures, must be in their hands).
4. The link to the financials on the website, why keep it when it will be updated in the future?
The financials reflect a conservative forecast based on one reactor. I am not willing to embellish or misrepresent what my team and I have found to be sound, solid and feasible projections.
(remember some on the boards were wondering if the financials on the website were for all 3 potential bioreactors? According to the CEO, it is for one! This is excellent)
5. Any way to share the physical address of the first bioreactor as of yet? Info on plans, engineers, company named to build the first site? Anything to share about this (other than what you shared on the website)?
We are on the engineering and are now at the stage of choosing the appropriate site. Among the many available sites within the selected location, we are now down to three existing buildings with appropriate accesses that are being evaluated prior to final selection. This will occur by end of September when installations should begin. Those details will be PRd shortly.
6. How about the political arena in Canada? Any government subsidies announced to you or your research, grants? They are considering all of this in the USA for Ethanol and less oil dependance projects. Anything to share?
We have benefited from R&D grants during our research and development phases. The new programs being implemented here in Canada concern ethanol projects from corn and are based on subsidies to render the ethanol viable as fuel. Since our production costs are significantly lower we will most likely not be eligible for these subsidies.
As a final word from Alex, he wrote that all emails related to the company may be shared. I asked him this as I would have to re-email him for approval and then he would say yes and I would then post the information. Saves me one step.
Pebgo
jumped in at 3.96
just too cheap to pass up! hope i'm right for once.
silver's hit 200 day ma
gold getting close
well- silver's hit 200 day ma -
gold getting close
Dubai special on cnbc 7pm est tonight
NNLX chart
bit of a bounce here today.
test2
test
he's more than a dd animal
he is a DD YETI!
looks like an intelligent good group here!
thanks for telling me about it Ed.
hope i can contribute.
good weekend
FUELING DEBATE
Venture capitalists raise questions on oil alternatives
San Francisco Chronicle
David R. Baker, Chronicle Staff Writer
Friday, June 9, 2006
A tractor scoops wet-cake, a cornmeal byproduct of the et... A tanker leaves the Tall Corn Ethanol plant in Coon Rapid...
As America faces up to its "oil addiction," Silicon Valley's venture capitalists have joined the hunt for replacements.
They are beginning to pump money into alternative fuels, funding companies whose products could augment or supplant gasoline.
So which fuels are worth the investment?
For many, biofuels are the answer. Ethanol, in particular.
Most modern cars can easily be made to run on ethanol. Many states already blend some into their gasoline to control pollution. Year after year, more states are adopting it.
Ethanol already has a market, with potential for growth. It also has significant political support in Washington. All good things, in the eyes of VCs.
"I would bet on ethanol," said Ajit Nazre, a partner at Kleiner Perkins Caufield & Byers. "If you look at how much we can produce right now, versus how much the market can soak up, there's a supply constraint."
Nazre spoke as part of a panel discussion earlier this week hosted by Silicom Ventures, a group of investors who fund startup companies. Several panelists agreed that, for the short term at least, ethanol has the best growth prospects. They panned hydrogen -- a fuel touted by President Bush, Gov. Arnold Schwarzenegger and others -- as facing too many technical challenges to prove useful anytime soon.
Ethanol is already attracting investment. Kleiner Perkins was among five firms that last month invested a total of $50 million in Altra Inc., a Los Angeles company that produces ethanol and biodiesel.
In other deals, Microsoft Corp. co-founder Bill Gates last year agreed to put $84 million into Pacific Ethanol, a Fresno company building ethanol refineries on the West Coast. Goldman Sachs & Co. last month invested $27 million in a Canadian firm whose technology can make ethanol from corn stalks or switchgrass.
Demand for ethanol has risen sharply in the past year, as many states that used to add the chemical MTBE to their gasoline to fight air pollution switched to ethanol. That pushed up ethanol prices, which in turn contributed to this spring's sharp rise in gasoline prices.
The United States has about 100 ethanol refineries, most of them in the Midwest. An additional 32 are planned or under construction, according to the Renewable Fuels Association.
Ethanol hasn't won over all critics, both among investors and within the energy industry. Some question whether the increased demand will plateau after more refineries are built. Others point out that the United States expressed great interest in ethanol during the 1970s and early 1980s, when gas prices were high, only to lose interest when gas became cheap again.
There's also the question of how it's made. Several participants in the Silicom Ventures panel discussion said the United States' method of making ethanol, using corn as the basic ingredient, is inefficient. Cultivating the corn, harvesting it, transporting it and refining it uses more energy than the corn produces, they said. It also uses a lot of land.
"Are we willing to take land for growing food and use if for growing fuel?" said Tom Baruch, founder of the CMEA Ventures investment firm. "There isn't enough land."
Sugar cane provides far more energy when converted to ethanol than does corn. But the United States lacks a substantial sugar cane industry. And while many researchers are trying to perfect "cellulosic ethanol," making the fuel from crop stubble, woodchips or switchgrass, it still remains more expensive per gallon than corn-based ethanol.
In addition, the Midwestern farm lobby has thrown its considerable weight behind corn-based ethanol, said Timothy Newell, managing director of the DFJ Element venture firm.
"You're seeing a huge push by the farm states," said Newell, who also served in the White House Office of Science and Technology Policy under President Bill Clinton. "Every single presidential candidate will walk through Iowa, and every single presidential candidate will swear fealty to corn ethanol."
E-mail David R. Baker at dbaker@sfchronicle.com.
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/06/09/BUGORJAV331.DTL&hw=ethanol&sn=00....
FUELING DEBATE
Venture capitalists raise questions on oil alternatives
San Francisco Chronicle
David R. Baker, Chronicle Staff Writer
Friday, June 9, 2006
A tractor scoops wet-cake, a cornmeal byproduct of the et... A tanker leaves the Tall Corn Ethanol plant in Coon Rapid...
As America faces up to its "oil addiction," Silicon Valley's venture capitalists have joined the hunt for replacements.
They are beginning to pump money into alternative fuels, funding companies whose products could augment or supplant gasoline.
So which fuels are worth the investment?
For many, biofuels are the answer. Ethanol, in particular.
Most modern cars can easily be made to run on ethanol. Many states already blend some into their gasoline to control pollution. Year after year, more states are adopting it.
Ethanol already has a market, with potential for growth. It also has significant political support in Washington. All good things, in the eyes of VCs.
"I would bet on ethanol," said Ajit Nazre, a partner at Kleiner Perkins Caufield & Byers. "If you look at how much we can produce right now, versus how much the market can soak up, there's a supply constraint."
Nazre spoke as part of a panel discussion earlier this week hosted by Silicom Ventures, a group of investors who fund startup companies. Several panelists agreed that, for the short term at least, ethanol has the best growth prospects. They panned hydrogen -- a fuel touted by President Bush, Gov. Arnold Schwarzenegger and others -- as facing too many technical challenges to prove useful anytime soon.
Ethanol is already attracting investment. Kleiner Perkins was among five firms that last month invested a total of $50 million in Altra Inc., a Los Angeles company that produces ethanol and biodiesel.
In other deals, Microsoft Corp. co-founder Bill Gates last year agreed to put $84 million into Pacific Ethanol, a Fresno company building ethanol refineries on the West Coast. Goldman Sachs & Co. last month invested $27 million in a Canadian firm whose technology can make ethanol from corn stalks or switchgrass.
Demand for ethanol has risen sharply in the past year, as many states that used to add the chemical MTBE to their gasoline to fight air pollution switched to ethanol. That pushed up ethanol prices, which in turn contributed to this spring's sharp rise in gasoline prices.
The United States has about 100 ethanol refineries, most of them in the Midwest. An additional 32 are planned or under construction, according to the Renewable Fuels Association.
Ethanol hasn't won over all critics, both among investors and within the energy industry. Some question whether the increased demand will plateau after more refineries are built. Others point out that the United States expressed great interest in ethanol during the 1970s and early 1980s, when gas prices were high, only to lose interest when gas became cheap again.
There's also the question of how it's made. Several participants in the Silicom Ventures panel discussion said the United States' method of making ethanol, using corn as the basic ingredient, is inefficient. Cultivating the corn, harvesting it, transporting it and refining it uses more energy than the corn produces, they said. It also uses a lot of land.
"Are we willing to take land for growing food and use if for growing fuel?" said Tom Baruch, founder of the CMEA Ventures investment firm. "There isn't enough land."
Sugar cane provides far more energy when converted to ethanol than does corn. But the United States lacks a substantial sugar cane industry. And while many researchers are trying to perfect "cellulosic ethanol," making the fuel from crop stubble, woodchips or switchgrass, it still remains more expensive per gallon than corn-based ethanol.
In addition, the Midwestern farm lobby has thrown its considerable weight behind corn-based ethanol, said Timothy Newell, managing director of the DFJ Element venture firm.
"You're seeing a huge push by the farm states," said Newell, who also served in the White House Office of Science and Technology Policy under President Bill Clinton. "Every single presidential candidate will walk through Iowa, and every single presidential candidate will swear fealty to corn ethanol."
E-mail David R. Baker at dbaker@sfchronicle.com.
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/06/09/BUGORJAV331.DTL&hw=ethanol&sn=00...
I am requesting 200 million in volume and a close of .04
except on XKEM ;)
XKEM .0319- .032!
anyone ever get a call back or email? not me
can you all not read?!
"We also have 5 million shares of preferred stock authorized, 1,000,450 shares of which are issued and outstanding. Each preferred share holds conversion rights and voting rights of 100,000 to one. Our Chairman holds 1 million of those preferred shares and has issued his proxy in favor of the proposals suggested by the board."
http://www.stockinformationsystems.com/c/ipre/investors.html
this deserves repeating !
http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20060609:MTFH01729_2....
-US House backs bill to help telcos offer TV service
Thu Jun 8, 2006 11:26pm ET172
By Jeremy Pelofsky
WASHINGTON, June 8 (Reuters) - The U.S. House of Representatives handed a victory to AT&T Inc. (T.N: Quote, Profile, Research) and Verizon Communications (VZ.N: Quote, Profile, Research) on Thursday by approving a bill that would make it easier for them to offer subscription television service.
The House, by a vote of 321 to 101, passed a bill allowing companies like AT&T and Verizon to apply for a nationwide licence to offer TV service instead of negotiating with each city for permission, which they argue could take years.
Lawmakers also turned aside an effort by some Democrats to bar high-speed Internet broadband providers like AT&T and Comcast Corp. (CMCSA.O: Quote, Profile, Research) from seeking payment from content providers like Google Inc. (GOOG.O: Quote, Profile, Research) and eBay Inc. (EBAY.O: Quote, Profile, Research) to guarantee access and service quality.
The bill differs significantly from legislation pending in the Senate. With a short legislative session ahead of the November elections, that could make it difficult for Congress to pass a new law this year.
The phone carriers want to speed their expansion into the lucrative TV business to better compete against cable companies which are rapidly encroaching into the communications business with their own telephone and broadband services.
The current licensing process is "hindering the deployment of advanced broadband networks that will bring increasingly innovative and competitive services," said Rep. Joe Barton, a Texas Republican and an author of the bill.
Already several states have passed laws helping telephone carriers. Verizon has been signing up scores of customers in places like Texas, leading to price wars with cable operators. Continued...
< Previous 1 | 2 | 3 Next >
© Reuters 2006. All Rights Reserved.
don't bother voting-
"We also have 5 million shares of preferred stock authorized, 1,000,450 shares of which are issued and outstanding. Each preferred share holds conversion rights and voting rights of 100,000 to one. Our Chairman holds 1 million of those preferred shares and has issued his proxy in favor of the proposals suggested by the board."
do fatfingers count for gapfilling?
is clyp the mm for the company when they are selling shares?
thanks for help w my stupid question here.
"5. Does the company intend to dilute the stock any further?
Yes and No. We will not issue any more free trading stock, but we will possibly issue restricted common stock and restricted preferred convertible stock in conjunction with the financing of our movie projects in progress. This stock will not hit the market for a minimum of one year, and it will be sold at higher prices.
6. You have 1 million preferred convertible shares. Do you intend to convert those to common stock?
No, not for the forseeable future, and for at least the next year."
ok- so for a year the os will not increase- but tell me you feel all warm and fuzzy with ken increasing his shares 1000x and w/ this fake vote?
i call that DILUTION
"We also have 5 million shares of preferred stock authorized, 1,000,450 shares of which are issued and outstanding. Each preferred share holds conversion rights and voting rights of 100,000 to one. Our Chairman holds 1 million of those preferred shares and has issued his proxy in favor of the proposals suggested by the board."
so there are 1million plus preferred (5mil + authorized) that will not be affected by the 1000 to 1 reverse- oh, and the preferred have voting rights 100000 to 1. we've been f'd. they suck.
everytime i've talked to serge ( denyse renault's husband, employee of cortelazzi) he has lied to me. sold for a loss today, but glad to be out. beware here. look at their past. look at sand oil- george is andrea c's old pr guy- they f'in suck.