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That's a very possible scenerio. I have been thinking about the same thing. So, let's say SP does release the K10 for 09 "soon" I think it would also be very wise to release 10q for 2010. Therefore we would have a clear picture of what is exactly going on until we get a 10k
Are the forms broken today????? Hello!!! Anyone out there????
Yes it will my friend. Soon we gonna be singing, "I believe I can fly", but one person will sing " I can't believe I didn't buy".
I second that.
I don't think we will be seeing any news this week. Looking at dangus email, I think we could see news next week, if not the week after. I don't think its gonna be later then that.
Priors new favorit song "cause I got high, cause I got high, cause I got high".
All jokes aside.
Combining solar techonogy with the growbot models has huge pontential. I have not seen in the description that any of the models are powered by solar panels. Plus you would be able to wire the modle browbot with your house and use only solar power, not that people don't do that already, but I think this is a great idea.
I got a feeling SP is trying to invent a solar powerd self planting rice field.
Very interesting news. Have to do some dd now, but interesting. No, no audits, not sure why, but interesting never the less.
No I wouldn't even sell then. I have a price set in my mind and a time period. Which ever comes first.
I'm starting to think that it would be better to release the audits after the market closes. Because that way you give people the time to study them and create a hype for the next day. And then you release another PR with information regarding the expantion of the company and how the 4th quater is more profitable then the 3rd.
Yea it would be bro, I'm hoping for that this week. Might be down but I'm not giving up.
How are the sells looking? Are there many? I'm on my phone so I can't really follow.
dude I figured it out. Prior did say August 15th, but he never said what year. Now can I have that apple turnover
If any of you are wondering how OWVI will compete within the Remittance market.
http://siteresources.worldbank.org/INTPROSPECTS/Resources/334934-1199807908806/Top10.pdf
scroll down to page 6 and 7. I know that is just for the U.S. look at those figures.
http://blogs.worldbank.org/peoplemove/node/1112
http://www.siasat.pk/forum/showthread.php?23279-Remittance-TOP-10-COUNTRIES-IN-THE-WORLD
Read through that and than make an agrument, whether the market is small. I dont think so.
Soooo...... you plan on buying????
Hey Mike, thank you for posting that email. Sorry that you have to put up with all the negativity. It just shows that SP is caring for the business and I cant understand why people dont understand that we as shareholders are the second priotiry on his list. Business first, we are not family nor anything to him at all. Let the guy build his business. If you dont like something, why linger, less and move on.
Again, Thanks Mike. Nice work man.
And you are?????
Hey lazy!!! Tomorrow owvi is landing on the moon. You know what that means buy,buy, buy.
I'm definently not going to believe a broken record, that's for sure. Ummm let's see, 2billion shares added, SP bought 2 companies and opend up a third business. Yup the beach vacations must have been nice. Young company really needs to have a building for offices and huge expence at that. Bank was not an issuse, never was still isn't never will be. Moving on, gagging the ta again, probably because they are putting in the 47mil of restricted shares. Even when it was ungagged u didn't seem to care. So why the big deal now? But its interesting to see how u choose to believe in Alamo rather then the CEO. I wonder who has the right information? Ill let u answer that question, but its honestly pointless to argue anything because the argument will repeat is self over and over again. But its fun to read them and laugh.
Did you run them into the ground? Maybe that's why you can't see how SP is doing it.
I know my friend, I know, but who knows maybe one day we will.
According to tonights lesson, reviewing my notes, I came to the conclution that
SP lied to all of us, he stole our money, lied to his Members of the Board, no one knows where the money is, he is running out of money and will dilute again, the audits are not coming, at least not from Baker Tilly or at all. Company is a scam. He is spending our money at the beach.
Seems like I got it all covered. Hell even Jeresey Shore doesn't even have this much drama. Hell they should put OWVI on unsloved mysteries.
Thank you very much and I sure will.
Now let's all remember that sp did say company first, shareholders second. He said this many many times in the past and present.
Thanks again for the information Alamo, hope my little joking post didn't offend you. I know how you feel. There had been days where I even thought this is going to flop, but I still have high hopes for this one. Whether they will release the financials soon, I don't know, I'm hoping like everyone else. My speculation is SP is waiting until the 3rd report to be done and report everything at the same time. No if im wrong about this whole thing then I shot myself in the foot no one pushed me to it.
The information you have just provided is very interesting. Yes there are some very odd things going on, but I would really like to know how you came across the information you did. That there is no account and that the board of directors were against the dilution. Now if all of this was in the second quater statment I must have missed that info. But ill go over it tonight again. Now if I'm not mistaken was the liquidation done and finished during the end of second through the thrid quater? If so, I would suspect that the 3rd quater report should hold that information. I'm also waiting to see the 10k.
Ill take the information you have shared into consideration and will try to do as much dd on it as I can. Until than, thank you for sharing it.
That's profound bro, could have never figured that one out by myself. :)
He will report one day, he will.
Let see how lucky we are. Tomorrow is Tuesday, SP favorit PR day. I'm getting really bored just waiting and seeing the price bounce up and down in the same spot.
I am really interested in seeing the 3rd quater and how 1worldcash is operating. If, the lose is smaller then in second quater, thats gonna be huge, but I would not be surprise if its a bit higher because SP did open new locations and the business has not yet matured. But it will be interesting to see.
I think it will be a combination of both mike. The audits will confirm the company's existance, will provide a lot of transparency and the PR whatever they will be about will show that the company is still working and is becoming a important player in the field. Will this take time? Yes. Even when the audits come out this will not jump to the high numbers we were all hoping for. But within the next 6 months to a year I do believe this stock will be in .10+ if not higher. If of course everything continues to go as planed and there are no faliers. Right now we wait and see.
Cpw, after reading your post 36989, I think you are really starting to make sense my friend. I can't seem to disagree with that post at all.
It just makes me think of this:
No, nope still waiting on the audited financials, but in the mean time why don't u enlighten me.
Just you guys wait until SP opens up kiosks on wheels, than he is going to be rockin n rollin across Asia.
Do you know how long to takes to do an inital audit for a company that has been in existance for 7 years and a company that has been in existance for 4 years? Then you have to create a segmented report. Now please answer that question and I want accurate dates, no guesses, provide more then one factual liable resource where you have found you answers. Please refrain from giving mediocre answers.
Because an answer/arguement, they are not coming, based on no facts what-so-ever, is meaningless.
The company files its financials on the Pink Sheet site, the company is expecting to file audited financial statements in the next quarter and become a “reporting” company. In order to facilitate the understanding of the business segments the
Company presents a segmented report:
Discussion of material events
The Company has successfully completed its audit of the operating subsidiaries and is currently completing work on the consolidated financial statements. This has been a much longer process than expected due to the history of the Company before current management took control.
Aight, its been quite for too long. What does everyone think about the unadited financials we have received today?
I'm to be honest, indifferent about it. I know it takes time to grow the business and its getting there. I'm sure that in the 3rd quater the loses for 1worldcash should be smaller because now we are transfering money to Indonesia as well. Over all it was an ok quater do to 1worldcash, now we will see what the future will bring
I can't copy you the statment cause I'm on my phone, but it doesnt say its losing money, it says the solar is staying neutral and not being able to focus more on larger projects.
I have not looked over the financials yet. Are they comvering 2nd quater or 3rd as well? Because if it is the 2nd quater only because the 3rd one just ended about 10 days ago, you have to remember that SP said 1world will be profitable in the 3rd quater and so on.
Can someone please give me a short over few of the financials because I am on my phone. Thanks.
They must have updated it about 15min ago cause I was checking out that website all day and nothing was on there. GO OWVI GO.
No I don't capt, but thanks to Stepehn he has sent me a private msg with your email, so ill keep in touch.
Thanks Capt and Stepehn.
Remittances seen rebounding till 2011
Here is an interesting article about a month old, not sure if anyone has posted it before, but its very interesting read.
By Michelle Remo
Philippine Daily Inquirer
First Posted 21:53:00 09/27/2010
Filed Under: Remittances, Overseas Employment
THE WORLD Bank expects total remittances to developing countries to recover from last year’s contraction and grow 6.2 percent this year and another 7.1 percent in 2011.
The Philippines is expected to be one of the countries to benefit the most from the rebound in global remittances, given that money sent to the Philippines by Filipino migrants did not fall last year.
In its latest publication titled “’The Day After Tomorrow,” the World Bank said that after contracting six percent in 2009, the first year-on-year decline since the 1980s, remittances to developing countries would register respectable growth rates this year and in 2011.
This translates to $335.4 billion and $359.1 billion in projected remittances to developing countries this year and in 2011 from $315.7 billion in 2009.
Of the total remittances projected for 2010, countries in East Asia and the Pacific, including the Philippines, are expected to get $94.1 billion.
The World Bank said the recovery of developed economies from last year’s recession has paved the way for the recovery of remittances starting this year. As companies rehire workers, incomes rise, prompting an increase in money sent by migrant workers to their families.
There are, however, some risks to the remittance growth projection, according to the World Bank. These included the failure of recovery of construction and other sectors in the United States, which is host to millions of migrant workers.
“A second source of risk to the outlook presented is that weak job markets and persistently high rates of unemployment in the destination countries may lead to further tightening of immigration controls, especially for low-skilled migrants,” the World Bank said.
In the case of the Philippines, the lender said the diversity of locations of its migrants has helped made remittances resilient. The diversity is also expected to help accelerate growth in remittances.
“Filipino migrants are also well-diversified in terms of destinations, with land-based workers in the United States, the Gulf, Europe and other continents, and a significant number of sea-based workers,” the World Bank said.
“Since economic cycles in the Gulf region are different from those of the United States, remittance flows to countries that send migrants to both the United States and the Gulf [for example, India and the Philippines] tend to be more resilient,” it added.
The World Bank has acknowledged the substantial role played by remittances in the Philippines and other remittance-receiving countries.
Remittances have helped the Philippines continue to post a current account surplus despite a steep decline in exports.
Steady flows of remittances have also built confidence among investors on the Philippines in terms of the country’s ability to service its foreign currency-denominated debt.
“The stability of remittances to the Philippines was an important factor in its ability to issue $750 million [in] bonds despite the global financial crisis,” the World Bank said.
The Philippine government’s official projection on remittances was a growth of between 6 and 8 percent this year from $17.3 billion in 2009.
Remittances to the Philippines in the first seven months of the year amounted to $10.68 billion, up 7.1 percent from $9.97 billion in the same period a year ago.
Website: http://business.inquirer.net/money/topstories/view/20100927-294650/Remittances-seen-rebounding-till-2011
Read this article too: http://www.rttnews.com/Content/AsianEconomicNews.aspx?Node=B2&Id=1419044
Hey capt, any update on how the meeting with General Lim went?
Thanks for posing that. That's al the prove we need that they can't leave. Sweet, thanks.
Come to think of it, the only reason he(guy on yahoo) thinks IST left OWVI is because the lack of news updates. They can't leave since SP owns them.
I have checked out both websites from 1worldventures and inter solar and did not find any information regarding the dissolvement of the merger. If I'm not mistake, but it didn't SP buy the company and it was not a merger?