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The stock looks like a fairly new reverse merger as the most recent filing is fairly straightforward...Not much in the way of shareholders Deficit...Also, only 3,295,441 shares issued and outstanding...I will try to find some numbers regarding the float, but I would assume many of the shares are restricted and if I had to guess I would say it is around a million shares...
Stock has found a base since Reverse merger and looks like it is ready to move up!!!
http://bigcharts.marketwatch.com/charts/big.chart?symb=fvrd&compidx=aaaaa%3A0&ma=4&maval...
I actually caught this PR the other day and found it interesting...I picked up a few shares as well hoping Ethanol stocks get some attention with the oil prices pushing into the cooler winter months....This part of the PR is what attracted me to the stock:
"FAVORED® has been supplying 1.5 Million Bushels of corn towards current Ethanol Production. This equates to 4.2 Million Gallons of Ethanol a year."
I'm not sure what a gallon of Ethanol costs but I assume they get at least .4 per gallon so you do the math not too bad....
lol, nice...IMO restrictions come off it runs to .5 easy..Stock is so thin if you caught the little bit of volume on friday 5k in buys knocked out three MM's on .15 lol....
I have a buddy who has an order in through scottrade since last monday at .15 and has not been filled even when it spread out to .12x.15...It is rediculous this stock; eventually things will smooth out and we will have a fun time...
Check out the chart here; looks to be hammering out bottom!!!
SQUEEEEEEEEEEEEEEEZEEEEE
Looking for $1 break tomorrow...$3-$4 in the short term...We should see $1.50 on the break of a dollar and support in the $1 area from that point..Big buyers coming in holding for nice upward action from here...Looking for $2 end of week!!!
LOL, huge short squeeze going on here and nobody on the thread...WEeeeeeeeeeeeeeeeeee!!!
KABOOOOOOOOOM!!!! [/B]
Thursday, November 30 2006 11:00 PM, EST
--------------------------------------------------------------------------------
[B]Rosswood Country Club Board Unanimously Agrees to Sell the Historic Property to New York Based IBAC Corporation[/B]
Business Wire "US Press Releases "
NEW YORK--(BUSINESS WIRE)--
IBAC Corporation (PINK SHEETS: IBCX) a Hospitality/Resort Holding Company reported that tonight the Board of Rosswood Country Club in Pine Bluff, Arkansas unanimously agreed to sell the historic property to IBAC Corporation. The Property will be a 100% owned subsidiary of IBAC Corporation
The country club & golf course a 72 par/6,908 yards was
commissioned by International Paper and built and designed by the
world renowned golf course designer Alfred H. Tull and opened in 1961,
and includes tennis courts, pool, banquet space, restaurant, bar, pro
shop with a resident pro. The property encompasses approximately 200
prime acres. For further information visit:
" target="_blank"http://www.southcentralgolf.com/Pages/Templates/
ArkPrivDetail.php?recordID=Rosswood%20Country%20Club (Due to its
length, this URL may need to be copied/pasted into your Internet
browser's address field. Remove the extra space if one exists.)
The company intents to utilize the country club as an added amenity to the hotel it owns The Royal Arkansas Hotel & Suites in Pine Bluff, Arkansas, [B] The company also intends to incorporate/build a number of tasteful high end single family homes and/or condos on the property abutting the golf course while not compromising the courses history or design, thus creating additional profits from the acquisition while defraying the acquisition cost.[/B] The company also intends to maintain the current members of the board on an advisory basis; it is the intent of the company to increase membership back to the level that this property has once enjoyed, with the prestige and level of service equal to or beyond its history.
[B]"We are very excited with the Rosswood Country Club Boards approval of this acquisition as it opens a whole new stream of revenue and adds another significant real estate owned property to our portfolio, the number of profit centers involved with this property are extremely exciting, membership fees, wedding receptions, liquor and food sales, catering etc.[/B] The company will never compromise the integrity of this world class property, it is only our intent to restore and enhance its position in history. We expect to close and take possession of the property by year's end." said Wayne Burmaster, President IBAC Corporation.
"We are totally committed to the city of Pine Bluff and the community and we will continue to invest in quality properties in Arkansas" added Wayne Burmaster President IBAC Corporation
IBAC Corporation is a New York-based holding company operating through its subsidiaries within the Resort, Hotel, Food Service & Restaurant industries. IBAC now has operations in Florida, Tennessee & Arkansas. For more information, please visit: .
So, why is the stock going to go???? Well there are a lot of shorts in the stock and yes, it is on the SHO list here check it out:
http://www.nasdaqtrader.com/aspx/regsho.aspx
So how many shares have been shorted???
JULY:
"NOT ON FILE"
AUGUST:
ONGO|ON THE GO HLTHCR NEW|OTCBB/Pink Sheets|08/2006|29|-99.08%|3,504|1.00
SEPTEMBER:
ONGO|ON THE GO HLTHCARE|OTCBB/Pink Sheets|09/2006|625|2055.17%|5,150|1.00
OCTOBER:
ONGO|ON THE GO HLTHCARE|OTCBB/Pink Sheets|10/2006|5,872|839.52%|32,724|1.00
NOVEMBER:
ONGO|ON THE GO HLTHCARE|OTCBB/Pink Sheets|11/2006|911|-84.49%|47,578|1.00
Notice, the numbers in BOLD are "Average Daily Share Volume" so if u look at it that is 32k sold short a day in OCTOBER and 47.5k short per day in NOVEMBER...Those are huge shorts that will all need to cover their positions on this squeeze!!!
Here is where I got the info:
http://www.pinksheets.com/marketacti...e=Nov27%2C2006
OCTOBER: 5,872 x 31 days: 182,032
NOVEMBER: 911 x 30 days: 27,330
So between October and November there were around 210k (approximately 33% of the float) shares shorted which explains why this stock was destroyed...Guess what they all have to cover those shares making this price explode!!!
Good stuff!!!!
I know everyone always gets bent out of shape regarding REGDEX as most feel it is hidden dilution. However, I have been told this was for a privite investor..Forgot all the details and again it is all heresay, but they have followed through so far...I suspect many of the traders will find themselves chasing this once again...Thanks for the cheap shares!!!
OTCBB BABY!!!
NOW SLAP ME WITH FINANCIALS!!!!
Congrats to all those holding this one, I been buying em up on the dips and can't wait for tomorrow...Cheers!!
Lifting these restrictions would make life much better here!!
Should see 100k volume and definitely some paint eod...Lets see which way; shorts gotta cover soon enough only .45 cents more to make to $0 might as well switch to long!!!
OK, I did the same today...I am loving this setup and have profiled it two other sites...The story I hear on this one is nice good things coming I actually spoke with Stuart, the CEO today...Looks like things will be on the up and up now that they have the (R) on the ticker supposedly shorts are toast now lets see!!!
I suggest all new IBOX, this way if the pps does not go at least we will still be happy to visit this board lol...
I think they are saying we want the PPS much higher!!!Just my 2 cents...
LOL, I love it!!!
I don't really like that either, but I do like how there is now support at .15 with 2 mm's on the bid...Also, I like the news out regarding all the steps they are taking to sign some nice actors/fighters to the movie!!!Looks like XYIENCE training center is no joke check out the site especially their upcoming events in Vegas:
http://www.xyiencetrainingcenter.com/index.php
PERONI's straight from ITALY!!!
WEeeeeeeeeeeeeeeeeeeeee...I'm in Palm beach come pick me up...I'll bring the BEERS!!
LOL, new yacht???You must be LOADED like the US Military on IPEI!!!!
Seems like this one has a lot of negative investors due to their past, I am liking the way it has traded the past week...Once it starts up again, all that negativity will be a whole lot of positivity...I am excited IMO this is an easy 300-400% play!!!
Float: 2,789,510 as of 2006-10-18
That is a fairly recent Float figure to flip that float with an average share price around .25 (75% higher than current pps) will only cost around $700k...In all reality it will take very little in buying to make this blow up!!!
This is due for a bounce .5 easy!!!
Say It In Russian Cast - In Alphabetical Order
Asher Axe ............................... Nikki
George Balakiryan .................... Drunk
Elya Baskin ............................ Victor
Steven Berkoff ................ Oleg Rozhin
Marshall Borden .................. Geezer 1
Steven Brand ............ Andrew Lamont
Anatoli Davydov ............ Anton Krylov
Mark De Alessandro .......... Thug No. 3
Faye Dunaway ..... Jacqueline de Rossy
Agata Gotova ................. Daria Larina
Nina Gotova .......................... Sonya
William Groothuis ................. Waiter 2
Michael Khmurov .................... Doctor
Vladislov Kodov ................ Thug No. 2
Bernie Kopell ....................... Geezer 2
Vladislav Kozlov ..................... Thug 2
Vladimir Kulikov ............. Russian guard
Elizabeth Liebel ......... Prison Secretary
David McDivitt ....................... Waiter
Lee Meriwether ............... Party guest
George Murdock .................... Warden
Alex Nesic ................. Nikolai Petrenko
Lee Nestor ............................ Singer
Rade Serbedzija .................. Raf Larin
James Staszkiel ..................... Sergey
Musetta Vander ..................... Natalia
Roman Varshavsky ........... Thug No. 1
Oleg Vidov ............ Drunk Russian Man
Jeffrey Volpe ......... Rough Looking Guy
Here is the trailer for their movie in final editing nearing completion for the film festivals:
www.sayitinrussianmovie.com
Yep, thats why I said typically I would like to see some accumulation before that breakout so it is a stronger explosion, but IBCX might do some catapulting monday morning LOL...I can't even look online without hearing about IBCX...Thinking soon enough there will be popups about it hah!!!
Typically I would say we accumulate some between here and .02 for that blue sky breakout, but this thing has serious momo and at this point is on everyone's watchlist...Going into the divy "pay date" should continue pushing and pushing...Also, those A/F's are coming out gotta love it when you find something sooooo undervalued!!!
Don't get caught with your pants down like this guy:
Make sure you have your IBCX come monday morning!!!!
KABOOOOOOOOOOOOM
This will undoubtedly run into the divy pay date!!!
BOOOOOOOOOOOOOOOOOOOOOM
Pinksheets has realtime L2's on this go to the site:
Pinksheets.com
I think I might get into this stock monday, it looks as though it has bottomed and should turn soon...IMO we could see .5-$1 depending on the money flow that comes in:
Lets say the ave PPS is .4 with 2.8m shares in the float it will only take 1.12m in dollar volume to flip through the entire float...That is nothing!!!
I understand ETRADE and Ameritrade are only taking phone orders and that could make it difficult, but once there is a desire to buy they will call them in...
Considering the stock started to move at .19 this still has a huge amount of potential...Tomorrow should be nice as the chart is setup for a nice breakout day..Also, keep in mind there is plenty of stuff in the pipeline here including the PGA show in January where they will undoubtedly sign plenty of contracts with distributors; many of you are right Titanium is no longer the hot product on the golf circuit - SCANDIUM is and EGLF is the only company that has it!!!! If you listen to the interview with Natalyia Hearn, the CEO of EGLF, here (ceocast.com) you will understand the professionalism and amazing scientific background (PHD from Cambridge) and also the newly hired Michael McDevitt, V.P. Sales North America, who was responsible for:
COO Bill Dey, who was previously Executive Vice President and General Manager, notes, "Michael has over 18 years of sales, marketing, operations and customer service experience in the golf industry. He was a top performer for us, consistently exceeding sales objectives and achieving double and triple digit growth. Over the years, he has developed an outstanding network of industry contacts, delivering over $9 million in golf equipment sales last year. He is a great choice for E21 to quickly build our retail channels, now that the Company has entered the commercialization stage for our products. I'm truly excited to bring him on board."
Just imagine the contacts he has through the industry and what he can do with such a HOT PRODUCT!!!!!
After seeing the event all over the media today I have decided to go long with freebie shares when the initial hype dies down...Who knows this could be one of those pennies that actually makes it big!!!
No doubt about it this is hitting huge press mediums!!!
I really want to say one thing...Of all the penny stock scams going around nowadays it really is breathtaking to see a company that actually followed through on all the crazy talk they PR'd...Not only that, EGLF is hardly bought up considering where it started around .19...This thing has plenty of potential and could actually become one of the few!!!
Guys, that was awesome now lets hope it shows up on all the big news channels, Leno, Letterman, Conan, so on and so forth tonight, tomorrow, and over the weekend...Obviously the video was not the greatest, but this was a golf ball shot from the moon and should make for a huge marketing campaign...
LOL, he did not follow through!!!!
MULIGANNNNNNNNNNNNNNN!
YESSSSSSSSSSSSSSSSSSSSSSS
http://edition.cnn.com/video/player/player.html?url=/video/nitn/latest&wm=11
Click there search "golf shot" you will see what was on CNN so far today!!! NASA TV should start commenting at 5 from what I hear...