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"Mr. Gorbechof tear down this wall."
Regards,
Fizzlegig
thedragonfly06
-
Thanks for PDGT. ddragon pointed this board out to me months ago and I have been watching, but this is the first of your picks I bought.
Just picked up AKYI, lets see what happens.
Thanks again.
Regards,
Fizzlegig
chilar4567
Not PBLS property to sell.......yet anyways.
Regards,
Fizzlegig
bagwa-john
Yup. I also already calculated my net worth if I had invested the exact same amount of money in FRK prior to HC Andrew. That is the WOW! part and although we have a long long ways to go, it "could" happen. The FRK/Andrew story is what made this risk appealing to me.
Regards,
Fizzlegig
MRDALE
If something bad were to happen that caused a massive sell off, most of us would probably end up trapped anyways to the bigger fish dumping shares. Do what you feel is the right thing for you. Like I said in my prior post, I wrote this off as a loss when I even started looking at penny stocks. I am never dissapointed in results.
Regards,
Fizzlegig
Whirligig
I do not think the PPS will have anything to do if the preferred shareholders get paid. It will be all about profit. The offer tells me that the company is really certain that it is profitable enough to make good on the offer and that silently speaks volumes.
I realize perfectly well that status quo; the profit on non-certed shares could probably exceed the cert deal if everything is on the up and up. There are unknowns though (imagine that) that make the offer very interesting and could nullify concerns of profit.
The shares are "voting" shares. How that makes them unique in the long run is the unknown in comparison to common shares. Will preferred always equal 167 votes? Will it rise with the PPS on a sliding scale? Will the par value from the company rise with the PPS? Can or will they tender special dividends to preferred shareholders? Will they release the hounds, boost the PPS well over .06, send us a check for $10 per share and say “have a nice day”?
It is definitely not a bad offer as is and again, I think they will make good on the terms. I would never send in all of my shares. All I ever wanted from this stock is to at least break even on a very small percentage and forget about the rest for quite some time.
I would have absolutely no problem with sending a percentage of shares I would not be selling anyways for preferred shares that pay a quarterly divvy and any other perks for being preferred. I just can not bring myself to do it without knowing a little more about what I will be tying my money up in for potentially 5 years. I have already taken a risk by buying and holding for as long as I have. If I had a lot more shares, I might think a little different, but I do not own several million shares.
I personally think the offer was to appease some of the disgruntle holders, give some credibility to claims that the company is fairly profitable and to get those shares out of the float and hopefully increase volume so that the buyback on the open market would move faster in tandem. The offer tells me that the plan to buy, buy and buy some more has possibly changed to buy, buy and give the shareholders a bone. This old stock might be rolling "soon".
If not, I already chalked it up as a loss before I made my first purchase and I can rest assured that it will not be any worse than that.
Regards,
Fizzlegig
Cutting Corners
Personally for me and after much consideration, I decided that before I tie up anything for 5 years, the company will have to show me a little more.
I personally believe they will pay as described in the offer, but before I commit to ANOTHER leap of faith, they need to make a leap toward disclosure by ungagging the TA or at the very least audited financials in one of the years they have already released UNaudited financials.
This would show me that they are working toward the goal and have accomplished something in that respect as well as give us a little heads up on how much the audited numbers are going to differ from the unaudited ones. I think that after 1.5 years that I deserve at least that.
Regards,
Fizzlegig
Good link
Some states I find it hard to reach the section of the SOS to find out how many registered shares there are etc.
I have found this link to be helpful some of those times.
http://www.nasaa.org/QuickLinks/ContactYourRegulator.cfm
Regards,
Fizzlegig
Nice, however it appears that the lease maps have not been updated since 2004.
Regards,
Fizzlegig
roach4091
The people that claim to pay me, which is more like a bi-weekly insult, would probably get slightly upset if I were to check everyday. lol
Regards,
Fizzlegig
ddragon
I thought so too. Still waiting to see if it was a 20/20 job or someone else.
Hope your "inWestments" are doing better than mine today. I am taking a severe beating except that one "blah" stock.
Regards,
Fizzlegig
Best Jets website been revamped?
http://www.bestjets.aero/
Did I miss someones posting that it had?
Regards,
Fizzlegig
Misc.
Interview with Clifton C. James.
http://www.communitydesign.org/archive.cfm?eid=1652
Regards,
Fizzlegig
Was playing around with the Scottrade website since they recently updated it.
I clicked on the "insiders" button and change the timeframe to 5 years and this came up:
16-Dec-03 Stutzman, Mark E Planned Sale -- $705.00 78,346.00 -- - -- --
Other
I know it is a long time ago, but out of curiousity, I wanted to know whom this guy was. As is turns out, he is part of "Capital Growth Resources". Well, I had been searching since the PR mentioning them to find out exactly who Capital Growth was and was never able to tie one company or the other to it. I know we were all searching for it and some of you may have found out who they are, but for those that did not and like to close the book on open DD, here you go:
http://capplan.pfyfn.com/section3.cfm#mark
Regards,
Fizzlegig
News out.
http://biz.yahoo.com/iw/070301/0221718.html
Regards,
Fizzlegig
tt
There is not connection made in the PR, just a statement, but it is very interesting.
The conversion rate is 167 common shares per 1 restricted prefered shares.
800 million divided by 167 is 4,790,419 or rounded up to 4.8 million.
Ok fine. If every single last common share was turned in at the conversion value, it would equal around 10.5 million restricted prefered shares. 52 more million than seemingly needed. I am not taking into account that there are already restricted shares out there guarenteed at a higher value. Perhaps they have a different conversion rate?
Regards,
Fizzlegig
tedwitt
It was late 2005 around Septemberish I believe.
Regards,
Fizzlegig
SFF
Here is what designation means on the Neveda site and the forms needed to do so:
http://secretaryofstate.biz/comm_rec/crforms/stock.htm
Regards,
Fizzlegig
Copyright?
On a house?
LOL!
Maybe I will get it once I read it again.
Regards,
Fizzlegig
Renavatio
My dead end came up with:
http://www.accessbusiness.louisiana.gov/buyer/SearchController?command=B_COMPINFO_DIS&companyid=...
which appears to have changed names to:
http://bossier-city-la.contractors.premierguide.com/Graham+Pierce+Construction+LLC.262134.110831403....
I kept the search local as well since it appears we "may" be delivering the product by how the PR is worded.
I will keep playing around....finding the scraps off a PR is half the fun. I imagine soon that someone will come back with that info from the company and rain on the DD parade.
Regards,
Fizzlegig
ddragon
So many Non-believers?
I don't believe you! lol
Regards,
Fizzlegig
Looks like a gap up for "amateur hour". Shiz, did nto I hear promises of a new chart "soon"?
Or did I miss it....looking back now.
Regards,
Fizzlegig
Cutting Corners/Penny
Thanks.
Wow...8 weeks!
Regards,
Fizzlegig
pnew122
Can I borrow 167 bucks?
Regards,
Fizzlegig
panlprofits
An even wilder theory is that the OS is already say 400 million and selling shares in hopes that the buying pressure keeps the price stable and a majority of those shares come back in the form of the conversion. They then release the financials, ungag the TA which now reports the OS as we expect it, the stock shoots above .06 and they start buying back the prefered as agreed.
I honestly do not think there is a whole motive in this other than to lock common shareholders in long term with a pretty good deal knowing all the card they hold and that it will ultimately work in favor of the company.
Actually it is a pretty good move that gives a common shareholder an almost solid return, hopefully stabalizes the price and it "could" curb some shorting issues if that is the case.
Other side of the coin is they could be giving us our way out to make a profit before they start diluting into the run after filing, ungagging etc.
I am sure we will know "soon", but that is why I am leaning toward keeping half and certing half.
Regards,
Fizzlegig
Cutting Corners
What was the service charge to do it?
Thanks in advance.
Regards,
Fizzlegig
Cutting Corners
You forgot to say "all you COMMON shareholders". lol
Good luck.
Regards,
Fizzlegig
Shizoku
Aye.
Look at the background of the LDTI guys.
Two of them are very experienced in regards to market matters.
Do you know if a R/M was in the works, could PBLS to file the current years financials to remain on the OB instead of having to provide 3 years worth of AF to uplist?
Regards,
Fizzlegig
seeclear
Its up 42% this AM right now.
Regards,
Fizzlegig
skunksyard
Per the Sec. of state website, the authorized increased to 2 Billion was filed on 11/06/2006.
Wish I would have checked it again sooner. Each states SOS is one of the first places I go when looking to get into a stock and a good place to check regularly.
Still potential here, but they have to get 1 plant up and running. With my position being LT status and up, that filing was ultimately the deciding factor for me.
Perhaps I will come back in later, but good luck to each and every one of you.....yes including poorme/asnap and his twelve other aliases on RB even though I never take serious those with less integrity than the people, companies or ideas they are trying so hard to bash with zero facts and a 50/50 guess.
Thank you to both you and sprarks for thankless moderation positions on this board.
Regards,
Fizzlegig
Click on the "Scottrade Messages" to the right of the main screen after you log in. Clearing restrictions will be listed under a link there.
You can call in and buy it, just not via internet orders right now. The updated teh message error I was getting. You are rigth about why they did it, unusual high volume.
Regards,
Fizzlegig
FYI - Scottrade not allowing buys for FMLY.
Regards,
Fizzlegig
veritas-twj
http://soswy.state.wy.us/Corp_Search_Main.asp
Until production, we are stuck. We need something up and running. That is a 16 million dollar market cap fully diluted right now and 30k from a train load to be re-blended is not gonna hold us.
Regards,
Fizzlegig
MrPastorious
Link?
Highlight, right click, copy, move to cursor in post and press ctrl+V.
I am perfectly willing to believe you and perfectly willing to admit it, if I am wrong. I need a link though. You are not an SEC attorney, perhaps you can work for that firm tomorrow. So you had to read that information somewhere or is it just an assumption that a non-reporting company must meet reporting requirements for 3 years prior before it can be fully reporting. True, they must report financial information going back 3 years. We both agree on this. But where does it say that they must have MET the SEC reporting requirements of REPORTING companies for those 3 years?
I seriously wait on this enlightenment. It would basically be ammo enough to prove that NOT ONE pink sheet company can become fully reporting in less than 3 years unless they endured the exact same filing requirements of fully reporting companies for 3 years prior to gaining fully reporting status.
There is still another question I posed to you if you whip out your "jaundiced" eye and re-read my post, but I guess we can do this one at a time.
Regards,
Fizzlegig
MrPastorious
"Before I get into refuting your arguement, let me talk about your insistance that THIS IS A PINK SHEET COMPANY THEY ARE BOUND BY DIFFERENT RULES.. They are not bound by sec rules if they do not wish to be a fully reporting company."
--Agreed. They were not a fully reporting prior or after katrina.
"The company clearly stated that their goal is to be fully reporting. You expect them to be, you are in this because they promised to be, so drop that arguement."
--Agreed. Is not this the exact reason you purchased this stock by your own admission or do you want to change how you came to buy again?
"Therefore, to be fully reporting, they must adhere to SEC rules, and since you need to supply 3 years of financials 10-k's and q's, you must have adhered to SEC regulations for at least that period of time. Agreed?"
--Partially agree. Yes they must adhere to SEC rules after they are fully reporting. However, you are saying that they must have essentially been a reporting company for 3 years prior ro actually being fully reporting company. LOL. Simple: ******SHOW me where reporting requirements say they must adhere to SEC regulations prior to reporting when they where and still are a pink sheet company and are not required to meet SEC reporting requirements.******
"You cannot hide behind the facade of the pink sheets to defend their actions if you expect them to be a fully reporting company. If they have no intention to file, then fine, they can do whatever they want."
--I thought you said that the arguement was over about pink sheet status?
"Part of a 10-k, which they intend to file is CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND COMPREHENSIVE INCOME (LOSS).. this is a full accounting of all shares issued. they have to have this to be fully compliant with SEC regulations."
--Ok fine, you can read a 10-k. Again, show me where they had to file any of this prior to fully reporting status.
"Next... when a company sells shares to the public they must either register shares, which informs the public and prospective investors of a snapshot of the company's essential financial information. If the company is selling to sophisticated investors, it can choose to exempt themselves from registration and file a Form D to inform the public of an increase in shares. The form D does not disclose financial info since the sophisticated investor is trusted to do their own DD. Both are designed to protect the investing public."
--Yup, they must register them once fully reporting status and they can not be sold until "effective" status is redered.For the third time, show me where they must adhere to fully reporting PRIOR to fully reporting status?
"Next, from your post ... "Companies selling securities in reliance on a Regulation D exemption or a Section 4(6) exemption from the registration provisions of the '33 Act must file a Form D as notice of such a sale. The form must be filed no later than 15 days after the first sale of securities."
Then you say this...PLEASE NOTE WHAT REG. D SAYS: SALE OF SECURITIES WITHOUT REGISTRATION. It doesn't say they have to file form D every time they sell stock. Also IT'S A PINKSHEET COMPANY THAT IS NOT BOUND BY THE SAME RULES
It does say that if they want to be exempt from registration, if they are selling only to sophisticated (accreddited) investors, they can file a form D to exempt the sale from being registered. Again, there is no form D or registration statement on file with the SEC.Again,, the they are pink, they dont have to follow the rules is moot. Please quit protecting the company and look at this for what it is.. there should be no doubt that if a company wishes to adhere to SEC regulations, and therefore be a reporting comapny, they have to adhere to SEC rules, and have EITHER filed a form D or a registration statement when selling shares. Form D clearly states that it is for the sale of shares without registration, as you insist.. so if they sold shares, they EITHER had to file a registration statement, OR a form D... It is a must.. no ifs ands or buts.... they did neither. If they never sold shares directly to the public this isnt an issue, but on June 14th 2005, as per the company's own press release. there was 377,291,802 shares issued and out, and now, after two 100,000,000 buy backs they are promising 815,000,000 shares. So I believe this IS an issue."
--Uhh Ohh. Circle talk. They must adhere, then they do not have to adhere. WHERE for the fourth time do they have to adhere to SEC reporting rules PRIOR to fully reporting status? It is all speculation that they sold to the general public, well now we know that they did since your confidant "VERY CLOSE to the company" tipped you off, which again could be a violation by you and him of SEC insider trading rules. Even if they did, as you have stated about pink sheet companies, they are not bound by SEC reporting rules. For the FIFTH time, show me where they must report them PRIOR to fully reporting status. Show me where they must adhere to reporting guidlines PRIOR to reporting. There has to be a link or is it just common, behind the red curtain knowledge by you and your "wallstreet" pals?
"GNUL, I am not making stuff up here... this IS and WILL be an issue.. you need to look at this seriously without defending them with that THIS IS A PINK SHEET arguement. the bottom line, cannot be argued with fact is this... If a company wants to be fully reporting, they either have to file a form D or a registration statement when selling shares to the public. The only question is if they can file these forms along with the 10-ks and q's for the previous 3 years without huge penalties, or if the SEC would accept said filings."
--SIXTH time, yes I am repeating, because you keep repeating. Where are the reporting rules that say they must file documents that only reporting companies are required to report PRIOR to fully reporting status?
--For all we know, the company used restricted common shares and prefered shares for aquisitions to give us the projected 815 million issued share count. The company has not released ANY information otherwise. If you have a source feeding you that specific information and they can not disclose it to the general public, it could be illegal.
You are well read, but read the insider trading rules on this and tell me how it would not be insider information.
http://www.sec.gov/answers/insider.htm
Perhaps you can collect a bounty for disclosing that information to the SEC:
http://www.sec.gov/answers/bounty.htm
I am not making any of this stuff up, you clearly said that "someone VERY close to the company" told you that shares were sold and probably to unaccredited investors.
I am all for getting to the bottom of things, good and bad. You claimed to be looking for the same truths we are and wanted to incite a MOB mentality and "hold the companies feet to the fire". Yet, you do nothing of the sort. Zip, zilch, nadda. Just post the same things over and over looking for credibility in the posting of part of your resume, big connections, doomsday predictions and yet you certed, claimed you sold back to the company and claimed just recently buying more shares. *rolls eyes*
Regards,
Fizzlegig
Shizoku
Good deal. now lets get back above that 200 MA.
Regards,
Fizzlegig
Mine must be fudged. Still shows 14,234,207.
Regards,
Fizzlegig
Lapbid
And *Pooof*, now 14 Million. Scottrade must be having problems.
Regards,
Fizzlegig
Lapbid
When you first posted volume of 6 Million plus, I had 3 Million.
This last post of 13 Million plus, I have 3.3 Million?
Regards,
Fizzlegig
Uggg. Taps shoes 3 times.
No gap, no gap, no gap please.
Regards,
Fizzlegig