Morning SuperBee (where's Jingles?, LOL)....

The rule is that you must file if you have 5% or more of the OS which in this case works out to 711,220 shares.

Lung says that we have have 33% of the float between him and myself -- the float is showing in the I-boxas 4,260,498, so 33% would be 1,405,964. Since I show myself as having 859,600 in my filing, I am assuming that Lung has about 546,400 shares so far. At this stage, he won't need to file yet.

Congrats on your acquisition, Lung!.

Starnes! Are you following me around or am I following you? LOL!

I don't have any of this one, but it is in my "watchlist". There has been so little activity here that it seems dead.... but sooner or later something may happen - would be nice to be "connected" to the guys involved when that happens so one could be in the know!

NL

Is anyone holding any of this one? and...

Is anyone holding out any hope for this one?

Thanks, Rainmaker, for all the DD you are sharing - this one looks very interesting so I have also taken a position in it... I like how it looks.

NorthLion

Haha... that's a funny one Bee... er, I mean Jingles!

How's your trip to "the north" (which isn't really "the north", but just some mild place with a little snow thrown in to make it a white Christmas)?

RTRNL

I think chances are very good that ASPE will do something in 2009... it is all poised and ready to go.

We don't have a 15% rule up here in Canada - a capital gain is a simply a capital gain, and it gets taxed at half the normal tax rate - whatever tax bracket you happen to fall in. It doesn't matter how long you hold it or don't hold it.

NL

To all ASPE'ers,

Best wishes for a blessed Christmas.... with hopes that it is meaningful, and warmly spent with family and friends...

and also best wishes to all for a very GREEN New Year!!

NorthLion

To all the good friends on the MTRE board (the best board around),

Best wishes for a blessed Christmas.... with hopes that it is meaningful, and warmly spent with family and friends...

and also best wishes to all for a very GREEN New Year!!

Thank you to Chevy, HoHoHo and "Jingles" especially, but also to everyone else who makes this board a great place to hang out, and for the encouragement you all are to me.

Cheers!

JingleLion?
HoHoHoLion?

Let's just stick with NorthLion and avoid the identity crisis! LOL.

right. bl... I wish I could (really).... I'm not sure I can do any but I am mulling it over -- this opportunity is very tempting.

I just might have to pick up some more... this is too good to pass by... hmmm.

We are in degrees Celcius (C), but I have been posting in degrees Fahrenheit (F) for the benefit of the board... at -40, the two scales meet and are the same: -40F = -40C.

No worries with MTRE, Roo... the company can not be responsible for idiotic behavior by flippers, or games by MM's....

As for the warm part, you're right.... we are now at -7F, which is quite an improvement from yesterday!

http://www.weatheroffice.gc.ca/forecast/city_e.html?mb-38&unit=i

Chevy...you said: instead of taking this as a glass half-empty, treat it as a glass half full - opportunity to gain cheap accummulation.

How about a glass 80% full.... I feel we are so close to the uplist....

Yes, you do JingleBee! I have been checking my mailbox every day for weeks and nothing there!! LOL

I don't look at the board for a few hours and come back with 104 posts to read!!! And after reading them, I was glad I was off the board today -- what a bunch of craziness! I will be so glad, as well, when we leave the pink world behind.... today's action is no reflection at all on the value of the company and on what we hold. Congrats to all who got cheapies... I'm jealous.

NL

Hi HLSH.... I just checked the latest filing for Sept 30th and found out that someone asked for their shares to be cancelled earlier this year:

Effective May 18, 2008, at the request of one of our shareholders, we cancelled 289,425 of our shares belonging to that shareholder.

The result of that was that the OS dropped to 19,710,575. CEO David Cutler did hold about 56% of those shares some time ago, and there is no indication that has changed. Therefore the float should be about 8,672,653.

Note that a 15:1 RS has been approved, but not yet done.

Hey Rooster -- ya got yourself a heat wave, man. It is -22F here this morning with windchills of -42F....

Filing with the SEC shouldn't be out of the question... I just did my first recently for MTRE... go look at the latest filing for them - it's mine. You have to register with Edgar, and they give you a CIK number -- then you download some software which you will use to submit your Schedule G. Then compose a simple Schedule G like I did (in a text file - not "Word") and submit. There is no cost for doing so. Let me know if you need any more help with that.... send me an email: lion@ldj.net.

Congrats, aquaspin....hopefully ASPE will be next!

NL

For all the rest of the guys out there wondering what to buy your wives for Christmas, this creative website could help you:

http://bewareofthedoghouse.com

Click on the film projector.

NL

we heard you folks are running short of water down there, so we sent you some!! :)

Hi Chevy and gang... still have all my shares. Just so you know that I am not selling at .15. Still waiting patiently for the uplisting -- any day, maybe any hour.....

NLion

From the 10Q:

Change of Control - (back in Feb 2007)

On February 1, 2007, the Company and KI Equity Partners IV, LLC, a Delaware limited liability company (“KI Equity”) entered into a securities purchase agreement (“Purchase Agreement”) under which the Company agreed to sell and KI Equity agreed to purchase 3,195,000 shares (on a post Reverse-Split basis) of Frezer’s common stock (“Shares”) for a purchase price of $639,000 (“Purchase Price”), or $0.20 per share. The closing of the transactions under the Purchase Agreement occurred on February 22, 2007 (“Closing”)......

Separately, (former company officers) Pockett, O’Neill and Bombardier agreed to sell 305,000 shares (on a post Reverse-Split basis) of Frezer’s common stock (“Transferred Shares”), in the aggregate, to KI Equity for an aggregate purchase price of $61,000, or $0.20 per share (the “Stock Transfer”). The closing of the Stock Transfer occurred on February 22, 2007.

(This shows that Keating invested a total of $700,000 to take control of this shell company...that is quite a lot of money, IMO, and underlines my feeling that Keating would like to recover that investment sooner rather than later, which he can do by finding a suitable RM company).

From the 10Q:

Description of Business

The Company was incorporated in the State of Nevada on May 2, 2005 and maintains its principal executive office at 190 Lakeview Way, Vero Beach, Florida 32963. On June 1, 2005 the Company filed a Registration Statement on Form 10-SB with the Securities and Exchange Commission (the “SEC”). Upon effectiveness of such Registration Statement, the Company became subject to the reporting requirements under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

The Company, based on proposed business activities, is a “blank check” company. The SEC defines those companies as "any development stage company that is issuing a penny stock, within the meaning of Section 3(a)(51) of the Exchange Act, and that has no specific business plan or purpose, or has indicated that its business plan is to merge with an unidentified company or companies." Many states have enacted statutes, rules and regulations limiting the sale of securities of "blank check" companies in their respective jurisdictions. The Company is also a “shell company,” defined in Rule 12b-2 under the Exchange Act as a company with no or nominal assets (other than cash) and no or nominal operations. Management does not intend to undertake any efforts to cause a market to develop in our securities, either debt or equity, until we have successfully concluded a business combination. The Company intends to comply with the periodic reporting requirements of the Exchange Act for so long as we are subject to those requirements.

The Company’s current business strategy is to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation. The Company’s principal business objective for the next 12 months and beyond such time will be to consummate the Merger (as defined below) and achieve long-term growth potential through the Merger or, in the event the Merger is not consummated, some other combination with a business rather than immediate, short-term earnings. The Company will not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business.

Since this board is not very active, I was dropped from the moderator spot. I have now been reinstated and then was able to update the I-box.

The fact the Keating is keeping current means this is not a dead issue. Also, since Keating is not attempting to continue on in the shell business, means that he will be wanting to "wind things up" by selling the few remaining shells he has.

NorthLion

Could be this year yet...who knows. Their plans were to have the renewal or registration started this fall. With the markets in turmoil and delays on getting MTRE registered and uplisted (which they are also working on), I can understand delays in getting this done... that does not mean it isn't going to happen -- it is just a matter of timing.

Waiting patiently.

NorthLion

Although FREZ has been quiet for a long time, the fact that the filings are being kept current and the financial statements are very clean leaves the door open for something good to happen once Keating finds a suitable party to do a RM with. I am planning to hold on to my shares and wait for that day.

NorthLion

A few more shares outstanding since March when it was 4,192,045.

Pursuant to its certificate of incorporation, the Company is authorized to issue up to 200,000,000 shares of common stock and 10,000,000 shares of preferred stock, each with a par value of $0.001 per share. At September 30, 2008, there were 4,239,824 shares of common stock issued and outstanding (on a post reverse split basis) and no shares of preferred stock issued or outstanding.

10Q to Sept 30, 2008 out last month:

For the three months ended September 30, 2008, the Company had a net loss of $5,725, comprised of (a) legal, accounting, audit and other professional service fees of $4,926 incurred in relation to the filing of the Company’s Quarterly Report on Form 10-Q for the period ended June 30, 2008 in August of 2008, (b) stock transfer agent fees of $544 and (c) interest expenses of $255. This compares with a net loss of $9,562 for the three months ended September 30, 2007, comprised of (a) legal, accounting, audit and other professional service fees of $6,104 incurred in relation to the filing of the Company’s Quarterly Report on Form 10-QSB for the period ended June 30, 2007 in August of 2007, (b) management fees of $3,000 incurred in relation to a broad range of managerial and administrative services provided by Vero Management, LLC and (c) other miscellaneous operating expenses of $458.

Lines in the water sounds nice, Roo... happy fishing! A nice catch can make your day!

NL

yup... the news is good, but no surprise... I think the whole picture is good and getting better.... that's why I bought a bunch of shraes - a big bunch.

Best wishes - all.

NL

I am very comfortable with my investment in EXPH and know that it takes some time and patience to see results at the best of times, never mind in these current economic conditions. I support JD and his ongoing efforts to develop this company and new ventures.

Long and strong...

North Lion

I think that the dilution is so great after they issued all those next shares earlier this year that the amount going to each share out of the profit is very small... therefore, not a large or quick ROI... IMO.
NL

Doing great.... winter is here, though not too cold as yet...
lots of work busy-ness. Markets have been interesting - tough times, but still interesting opportunities in the middle of it all.

NL

Top of the morning to ya, FBS...hope your Thanksgiving was thankful, and tasty as well!

Happy Thanksgiving to all of my American friends... hope you all have a wonderful day with friends and family.

NorthLion

Downriver.... seems like you can read the chart the same as the rest of us... volume of 400 today at the ask.... seems like nobody wants to sell their MTRE - imagine that! That's the way I feel about it too.... want to hang on to those shares as long as possible... you should buy some too.

NL

I LOVE white almond bark -- white choclate with almonds imbedded... yummm!

I guess I better watch it -- holidays coming up, lots of chocolate, etc... starts to add up (in the wrong places)...

And that's it for me -- out of posts -- all I can do is go back and edit this one -- till after midnight Eastern tomorrow nite!! Bummer! Someday I may just have to splurge a bit and get the I-Hub membership, eh? (that's Canadian for "huh"!)

Didn't know you were "an artiste" as well... I sell art supplies, including charcoal in my store!!

[I am down to two more posts till I hit my max for the day, now, so will have to bow out of here soon.]