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you mean a real CEO of a real company.
Then why even have the CC in the first place?
and you were expecting what?
looks like the Form D sellers still have stock to go, too bad Jared will be taking the fall.
I suggest all, even those that like this deal get eachothers contact info, makes it alot easier for a class action lawsuit.
$200 million dollar offer for the company? they sure act like it, huh?
Bwaahahhaahaaaahhahaaaahaaaa
what a joke... this deal isnt worth a mil let alone .014...
this guy's heading to the crossbar motel..
You can not find that out unless you are in the industry or know someone that has cleaned or sold shells.
and there is no buyer.
so what is your open minded opinion of a gagged TA?
I hope you buy some more also...
that is for comapanies that file a registration statement,
This is a better reference
http://www.uah.edu/library/pdf/edgar.pdf
the benchmark is 500 shareholders and $10 million in assets.
At that point they are required by Federal law to report to the SEC regardless of where they trade, or even if they trade.
it would take a lot more than a public post or a link to teach you the rudiments of M&A.
EVERYTHING they are doing follows the MO of a pink sheet scam. Jared & friends will make far more on the stock than they ever will on the product..
Ever wonder why they are soooo shareholder friendly, have constant conference calls, prs esigned to pump the share price? yet you never get anything concrete out of them??? it is because YOU are their main source of income.
how did it go away? was the case dismissed?
Belmont gives a company a shell, that company agrees to pay 200k or so within 12 months, and belmont gets 10% or more of the shares, which become free trading. they have some sharp lawyers and they do not lose in court. their contracts has been tested in the courts. Some indiana bumpkin has no chance.
The very fact that they got the shell from Belmont shows me they are also amazingly unsophisticated.
If they really had what they say they have they never would have needed a shell from Belmont to build their business.
nice presentation, poor content.
NO ONE pays that kind of money without audited financials, and especially a company with very little history, and no confirmed revenue.
I really do not care who pays attention, This is a stock scam and some lucky ones made money. Do not confuse that with successful investing.
BINGO!!!!
what is too funny is that there are no shares unless it is in another shell. There is no buyout unless it is a share exchange for another worthless shell.
You audit now, or should have audited when they "did" 9 million in revenue in q3, so that you show you are transparent, in compliance with federal law and GAAP, and thus, you are percieved to be more believable.
If these clowns really had what they say , they would not wait til 3rd Q to do an audit.. although an audit could cost 50k, it would be a great investment that would prove to the street that they do have what they say they have, and would translate into a much higher share price, and therefor, would be an excellent investment. A 50k investment would translate into a 100 million market cap increase.
The fact that they have not put an audit on the front burner, and did not do one after q3 last year is further proof they are full of the very pig droppings they claim to have such a powerful effect on.
thats why the stock is where it is, since there are so few that believe the BS, it is nowhere near the "buyout" price. If the story was even marginally believable, the price would indicate that.
And how do you know he isnt a liar? because you haven't figured it out yet.
How is he open and transparent? does he file with the SEC? does he provide PRs that can be INDEPENDENTLY VERIFIED?
lol, the stock can go up or down regardless of the validity of the underlying company. The purpose of the PR's is to give liquidity to the reg D buyers, if some make money along the way, fine.. but we all know where this train stops, and that is in a major wreck. The point is NO ONE would buy any company for $200 million without audited financials. That is why NO ONE is buying this company.
he would never have to convert preferrred shares, what preferreds do is give the preferred holders a senior claim to company assets. What he, and many other pink sheet ceos do is take free preferreds at a par value far in excess of what the company will ever be worth, giving them basically 100% control of the company , and rendering the common worthless, then put their common shares in treasury, since a CEO or officer of a pink can not sell their own common shares until they are fully reporting, Once in treasury, the COMPANY can sell the shares in a form D, and the CEO gets the money indiectly..
WWAG was a pump abnd dump
On December 1, 2008 the board of directors of WWA Group , Inc . (the “Corporation”) approved the issuance of two million five hundred and sixty thousand (2,560,000) shares of the Corporation’s common stock to SPM Line Lift Machinery Exports, Ltd., pursuant to the exemption provided by Regulation S of the Securities Act of 1933, as amended, in exchange for the satisfaction of one million dollars ($1,000,000) in debt , or thirty nine cents ($0.39) per share .
Regulation S provides generally that any offer or sale that occurs outside of the United States is exempt from the registration requirements of the Securities Act, provided that certain conditions are met. Regulation S has two safe harbors. One safe harbor applies to offers and sales by issuers, securities professionals involved in the distribution process pursuant to contract, their respective affiliates, and persons acting on behalf of any of the foregoing (the “issuer safe harbor”), and the other applies to resales by persons other than the issuer, securities professionals involved in the distribution process pursuant to contract, their respective affiliates (except certain officers and directors), and persons acting on behalf of any of the forgoing (the “resale safe harbor”). An offer, sale or resale of securities that satisfied all conditions of the applicable safe harbor is deemed to be outside the United States as required by Regulation S.
The Corporation complied with the requirements of Regulation S of the Securities Act by : (i) having made no directed offering effor ts in the United States, (ii) offering only to an offeree who was outside the United States at the time the securities were offered , and (iii) ensuring that the offeree to whom the securities were offered was a non-U.S. offeree with an address in a foreign country
THE LEGAL OPINION WOULD SHOW THAT THE STOCK COULD BE SOLD EARLIER THAN THE 6 MONTHS , SINCE THE DEBT WAS ISSUED MORE THAN 6 MONTHS AGO.
NOW THAT THEY HAVE SOLD, NO MORE PUMP... IMAGINE THAT
YA'LL GOTTA READ THE SEC FILINGS...OR
WHY IT WAS PUMPED, AND WHO DID THE DUMP
On December 1, 2008 the board of directors of WWA Group , Inc . (the “Corporation”) approved the issuance of two million five hundred and sixty thousand (2,560,000) shares of the Corporation’s common stock to SPM Line Lift Machinery Exports, Ltd., pursuant to the exemption provided by Regulation S of the Securities Act of 1933, as amended, in exchange for the satisfaction of one million dollars ($1,000,000) in debt , or thirty nine cents ($0.39) per share .
Regulation S provides generally that any offer or sale that occurs outside of the United States is exempt from the registration requirements of the Securities Act, provided that certain conditions are met. Regulation S has two safe harbors. One safe harbor applies to offers and sales by issuers, securities professionals involved in the distribution process pursuant to contract, their respective affiliates, and persons acting on behalf of any of the foregoing (the “issuer safe harbor”), and the other applies to resales by persons other than the issuer, securities professionals involved in the distribution process pursuant to contract, their respective affiliates (except certain officers and directors), and persons acting on behalf of any of the forgoing (the “resale safe harbor”). An offer, sale or resale of securities that satisfied all conditions of the applicable safe harbor is deemed to be outside the United States as required by Regulation S.
The Corporation complied with the requirements of Regulation S of the Securities Act by : (i) having made no directed offering effor ts in the United States, (ii) offering only to an offeree who was outside the United States at the time the securities were offered , and (iii) ensuring that the offeree to whom the securities were offered was a non-U.S. offeree with an address in a foreign country
THE LEGAL OPINION WOULD PROBABLY SHOW THAT THE STOCK COULD BE SOLD EARLIER THAN THE 6 MONTHS , SINCE THE DEBT WAS ISSUED MORE THAN 6 MONTHS AGO.
NOW THAT THEY HAVE SOLD, NO MORE PUMP... IMAGINE THAT
lol....
All we need is to be off The BB... or at least apply to be off.
go find some new buyers...
GFRE beats Q1 guidance, CC tomorrow AM
.06 earnings vs. .05 guidance
WHY BUY GFRE?
book value should be close to .60 after Q1
.22 eps in 2008, .05 earnings guidance for Q1 2009.
very little debt after debt for share exchange (debt holders accepted shares at $1.00/share
comparables trade at 10x earnings
1 of only 6 license holders in China for Bromine production, no other licences will be granted according to Chinese Govt.
earnings to be released with possible guidance on the 12th,
GFRE will present at china rising conference may 18-19
road show to commence after conference.
uplisting to NASDAQ a short term goal.
that would be considered a new unique offer.
what pink do I like?
try a fully reporting sarb ox compliant BB.
a counter offer is a reply to an offer by the seller. when the seller EESO, tells the buyer, NO, but i will do it for .12 per share, THAT is a counter offer. A counter offer NEGATES and renders moot the original offer. The prospective buyer can make another offer, but that offer IS NOT a counter offer. The point is that Jared puts out a pr, obviously NOT proofed by an attorney, which makes a basic business law mistake. This shows me that there is no serious offer, since any business dealing of this size must always go through corporate attorneys.
another offer by the buyer is NOT a counter offer. Only the "seller" can make a counter offer. The wording pertaining to this in the PR proves that either Jared isnt smart enough to have an attorney proof the PR or no attorney is crazy enough to proof the PR
There are so many holes in the "buyout" PR that anyone with any kind of securities backround would know it is BS.
there are NO FACTS, only hype from Jared..
I bet that if there is a name , you will NEVER be able to confirm the company exists, or even has 200 million to buy this POS..
If there was a real offer, it would have been announced by the BUYER, as is done in the real world.. no real company claimes to have a buyuout offer without naming the buyer... anything other than that is fraudulent..
I do not need to PROVE anything. You will find out when you have a pile of worthless paper.
a buyer cannot make a counter offer.. the counter offer comes from a seller...
do you know anything about business law?
probably as much as jared does.
no one is buying out a pink sheet scam.. get real... lol
maybe someone with the last name Dow has bought a few shares..
the product is a standard enzyme cleaner, same crap that has been around for years and years, the only thing new is that it is now a vehicle for stock fraud.
lol... you must be really bad at this investagative reporting...
have you even looked into form D filings on a state level?