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Hard to tell since that is his one and only post.
http://investorshub.advfn.com/boards/profile.asp?user=148252
As sure as Whistler had a mother these guys are dumping again.
That's what shareholders are for.
Confucius say "Better to debate panties than lose shirt"
.002 gonna come first. Glad I spent time worring about panties instead of buying this crap.
I guess their still paying off debt.
We'll probably never know, but I'll bet when he heard "Mr Kulis, Greg Babe on line one" for the first time Marino got a chubby.
While I will agree with your opinion about the pr you posted. I think the partnership with Bayer is signifigant. It's obvious they are being taken seriously.
Link to interview
Conforce and Bayer CEO's on Fox Business News
http://www.foxbusiness.com/video/index.html?playerId=videolandingpage&streamingFormat=FLASH&referralObject=4127221&referralPlaylistId=1292d14d0e3afdcf0b31500afefb92724c08f046
Bayer Corporation President & CEO
http://www.bayerus.com/About/BayerInUS/Leadership/Babe_G.aspx
That ain't hay fellows. Who the hell watches fox business news though. I had to search my channel guide to see if I had it.
Quite a 2 days
Can't argue with that kinda logic
Hey Burp
Don't know if you still watch this one, or if anything will make it move however,
Conforce President & CEO Marino Kulas, and Bayer Corporation President & CEO Gregory S. Babe, will be interviewed live on FOX Business News to be broadcast nationally on Thursday, April 2, 2009 at 6:45am Eastern Daylight Time.
"Bayer Corporation President & CEO," thats kinda a big deal
I believe it was quite a bit more than 1,000,000 actually
As the majority shareholder of On The Go he received the largest dividend from Vital Products
He sold them the Potty business for 1,700,000
He is still providing them operating capitol at 20% interest
We shall see, today there was a spike in volume and a reduction in price. If they are turning on the share spigot again you will know it fairly soon.
I have a jaded opinion of this company because of their relationship with a proven share selling pro.
I may at some point shake my head at the one that I let get away.
How Long? Years trust me. Max out the authorized share count then do a reverse split with a new symbol and start over again, and again, and again, and again.
For example, and I only site this company because of the close involvement:
Previous Trading Symbols/Ticker:
MODI.OB, OGOH.OB, ONGO.OB ( there are more )
Capital Change=shs decreased by 1 for 30 split. Pay date=10/04/2004.
Capital Change=shs decreased by 1 for 50 split. Pay date=8-10-06.
Capital Change=shs decreased by 1 for 50 split. Pay date=11-16-07
Capital Change=shs decreased by 1 for 1000 split. Pay date=04-14-08
Capital Change=shs decreased by 1 for 1000 split. Pay date=08/15/2008
Capital Change=shs decreased by 1 for 1000 split. Pay date=02/05/2009
If you click on someones user name you can see a list of their posts. I give you a feeling for their style.
I know you just joined and you have made six posts.
Welcome to the world of stock message boards, where everyone has an agenda.
You have risen above the empty headed pumper posts by attempting to open a discussion about your opinion
For that alone you deserve respect.
There is no such thing as a no brainer, not for me anyway.
We may have to agree to disagree.
I do respect your right to both state and have an opposing opinion.
I hope you make some money with your position.
I have very little faith in management when they pay 1.7 mil for a company with 2 products with no future and they didn't even receive the patents for the products.
What kind of DD did they do to make that kind of blunder.
They also using shares of one company to buy another company from the ceo.
Did they apply the same sort of DD to that acquistion?
They are also paying rent to a vendor that the ceo has a controling interest in.
That could be a good thing, a way to control costs, it could also just be a channel.
They are also using shares to pay for consultation.
Kind of an open ended word, "consultation", had to put a accountable value on
They are still accumulating convertible debt, and as long as they continue to do that the stock price will suffer.
What I am implying is so far the only thing they have proven is the ability to use shares to pay for things.
What I am implying that it is possible that this company is being used more as a cash register than as a business.
Have you read any of the filings for Metro One or On The Go Healthcare or The Cellular Connection? (private, so hard to find info). They are all the same person.
It is not possible for them to distance themselves or their business from that entity, they are still paying them.
I am not the enemy. I am just a voice.
Or maybe .003
Was it pumped and dumped, yes
Is it still up for debate if this company is worthwhile, yes
For 1 year so far they have
A. Zero revenue
B. Paid almost 2 mill for a failed business
C. Paid 166k+ just to sell stock
D. They are still accumulating debt, convertible debt
I don't remember saying this company is crap.
I'm saying all they have sold as yet is stock.
If you want to sell your shares that's up to you, you just won't be selling them to me.
PS, the SOLID evidence I have is the filings, I've read every one, late or not.
You are kinda misreading your own post. What VTLP did was use shares to pay off existing debt. They used shares to pay for an acquisition, they used shares to pay for consulting. Not strange or out of the ordinary.
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
On October 2, 2008, we issued 500,000 shares of common stock to Downshire at a price of $0.20 per share.
On October 2, 2008, we issued 10,000,000 shares of common stock to Michael Levine at a price of $0.20. Mr. Levine is our Chief Executive Officer.
During the period between October 14, 2008 and October 24, 2008, Metro One Development, Inc. converted $1,708,480 in principal and accrued interest under a promissory note into 15,200,000 shares of our common stock, at a conversion price of $0.1125 per share.
On December 8, 2008, Metro One Development, Inc. converted $37,500 in interest accrued under a promissory note into 1,000,000 shares of our common stock, at a conversion price of $0.0375 per share.
On December 22, 2008, Metro One Development, Inc. converted $12,000 in interest accrued under a promissory note into 800,000 shares of our common stock, at a conversion price of $0.0150 per share.
The extraodinary part is the receiver of those shares used shares to pay for promotion to sell those shares into the market. That would be the third party.
These stock promotion web sites are little better than pimps
At least with a prostitute you get something for your money.
I got your message, I'm a freebie so I can't reply. Good Luck with your position Boogieman
Please, I'm down on one knee begging, what dd has lead you to the conclusion that this one is a "gem"?
Please share with the class.
Conforce Announces Appointment of Vice President of Business Development, North American Trailer Services MARKET WIRE via COMTEX
Toronto, Ont. - March 25, 2009 Conforce International, Inc. (OTC: CFRI - "Conforce" or "Company") is pleased to announce the appointment of Mr. Perry Pearlman to the position of Vice President of Business Development, North American Trailer Services.
Mr. Pearlman has served in the highway truck and trailer industry for over 20 years. Most recently, Mr. Pearlman worked with industry leader General Electric (GE) where he held the senior position of Canadian General Manager, Trailer Fleet Services. Mr. Pearlman was responsible for the creation and execution of the company's strategic approach to the remarketing of its highway trailer fleet. Throughout his 14 year career with GE, Mr. Pearlman held various positions including Risk Manager, Transportation Portfolio; Regional Sales Manager for Western Canada; Canadian Product Sales Specialist for GE's Transport International Poole (TIP) division; and, Product Sales Manager responsible for all aspects of the companies Canadian activities in connection with the Remarketing, Maintenance and Asset Tracking of highway trailers.
For Conforce, Mr. Pearlman will be responsible for the development of the Company's North American highway truck and trailer composite flooring division. His initial responsibilities will include strategic product positioning, industry introduction, product placement for over-the-road performance evaluations by North American trailer manufacturers and transport companies, followed by the development of revenues through key account acquisition. Mr. Pearlman stated that "As we begin to establish a presence in the highway truck and trailer vertical, it will be exciting to see a carbon intensive industry evolve into an eco friendly environment while not only maintaining performance, but increasing the quality threshold."
Conforce President & CEO Marino Kulas added that "We are very pleased to be joined by Mr. Pearlman who brings with him extensive industry knowledge and management experience. This will enable our trailer division to achieve near-term advancements similar to those we now enjoy in our shipping container division. This is a complimentary extension of our EKO-FLOR product line that we are confident will be well received by the highway truck and trailer industry."
Why are people surprised? This company has done nothing for over a year except sell stock. They paid 1.7 mill for a failed business. They are still paying money to the same person. Cellular Connection and Metro One are the same person. They spent 166+ thousand just to sell stock and have zero revenue. They pay rent to the CEO and are buying a business from the CEO. Or should I say you did because they have paid for everything with shares.
ZERO REVENUE
ZERO REVENUE
ZERO REVENUE
ZERO REVENUE
Their filing came out...late as usual. They have some new debt, at some quite empressive interest I might add. Looks like the shareholders will have some new bills to pay. Notes in parentesis are mine You better be very careful, there will be shares hitting the market
4. NOTE PAYABLE TO CELLULAR CONNECTIONS LTD. (Stuart Turk...Metro One)
The $76,333 advance from Cellular Connection, Ltd. was a result of a convertible secured promissory note with a face amount of $120,000 issued to Cellular Connection Ltd. on January 20, 2009 which include one year of interest totaling $20,000 and actual loan amount totaling $100,000. The convertible secured promissory note accrues interest at a rate of 20% per year and has a maturity date of January 19, 2010. The outstanding face amount of the convertible secured promissory note shall increase by 20% on January 19, 2011, by another 20% on January 19, 2012 and again on each one year anniversary of January 19, 2012 until it has been paid in full. The note entitles the note holder to convert the note, plus accrued interest, anytime prior to the maturity date, at 75% of the average of the lowest closing bid price during the fifteen (15) trading days immediately preceding the conversion date.
The note has been accounted for as an original issue discount note due to the conversion feature. The discount totaling $40,000 shall be accreted over the life of the note for a total accreted value of $160,000.
Furthermore, the $20,000 interest which has been included as part of the overall face amount of the note shall also be accreted over a one year period. As of January 31, 2009, the total accretion of both discount and interest totaled $2,500. The remaining portion of the note not advanced totaling $23,667 was received by the Company in February 2009.
Pursuant to the terms of the convertible secured promissory note, Cellular Connection Ltd. may elect to secure a portion of our assets not to exceed 200% of the face amount of the note, including, but not limited to, accounts receivable, cash, marketable securities, equipment, building, land or inventory.
(200%, did you see that?)
As of January 31, 2009, we have $7,312 in advances from related parties, $78,833 of advances due from Cellular Connection Ltd. and $231,429 of advances due to Metro One Development, Inc. (formerly On The Go Healthcare, Inc.), payable on demand.
6
RESULTS OF OPERATIONS
COMPARISON OF RESULTS FOR THE SIX MONTHS ENDED JANUARY 31, 2009 AND 2008
Revenues: We did not record any revenues for the six months ended January 31, 2009, as compared to revenues of $15,251 for the six months ended January 31, 2008. The decrease in revenues was primarily the result of our entering a new product line.
( Zero revenue, hard to pay off that note that way )
Selling, General and Administrative Expenses: Our selling, general and administrative costs were $166,125 for the six months ended January 31, 2009, compared to $41,149 for the six months ended January 31, 2008. The increase in selling, general and administrative expenses was primarily the result of stock based expenses related to consulting services.
(So it cost them 166K + selling what you ask, Stock, to you)
(166 thousand selling expense to sell stock, I had to say it again)
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.(There was a bit of dilution)
On October 2, 2008, we issued 500,000 shares of common
stock to Downshire at a price of $0.20 per share.
On October 2, 2008, we issued 10,000,000 shares of common stock to Michael Levine at a price of $0.20. Mr. Levine is our Chief Executive Officer.
During the period between October 14, 2008 and October 24, 2008, Metro One Development, Inc. converted $1,708,480 in principal and accrued interest under a promissory note into 15,200,000 shares of our common stock, at a conversion price of $0.1125 per share.
On December 8, 2008, Metro One Development, Inc. converted $37,500 in interest accrued under a promissory note into 1,000,000 shares of our common stock, at a conversion price of $0.0375 per share.
On December 22, 2008, Metro One Development, Inc. converted $12,000 in interest accrued under a promissory note into 800,000 shares of our common stock, at a conversion price of $0.0150 per share.
8
During the period between December 29, 2008 and January 9, 2009, Metro One Development, Inc. converted $195,000 in interest accrued under a promissory note into an aggregate of 26,000,000 shares of our common stock, all at a conversion price of $0.0075 per share.
(Here's the magic number I've been waiting for)
As of March 18, 2009, the Issuer had 64,250,000 shares of common stock issued and outstanding, par value $0.0001 per share.
(Only a double from the last quarter)
As of December 5, 2008 the Issuer had 36,450,000 shares of common stock issued and outstanding, par value $0.0001 per share.
(The pump is on, you may make some money If your quick)
You both outrank me
The posters outrank you
All I want is honest info and opinion.
Those are mostly the companies that are using shares to pay for promotion. They are more into selling shares than growing their business. The ones you see plastered all over the internet with fluff press releases promising the world and all the world really gets is more shares. This is something Conforce has seemed to stay away from concentrating more on developing their product and releationships. The share structure has not changed in the 2+years I have been holding this position. Almost unheard of in the pinks.
I had some thoughts I'd like to share because I've had this bouncing around my head ever since I started following this.
Understand this is just a story and an interpretation of events. It is only one of many possibilities.
{b}Person A has a company, It has a couple of products but there not selling and never will. His company is failing and dosen't know what to do, so he has a brainstorm. He will sell his company to his friend, and the friend will pay him back in shares. He will agree to promote the company, third party noncontrolling shareholder, also with shares.
The Friend say's, hey I also have a company that I'm looking to unload. I can sell it to the company also for shares. The shareholders will pay and we are in the clear.
It's just a story
I really can't verify anything. The otcbb lists both symbols.
Yahoo finance removed the message board and the answer I received from them stated it was due to a symbol change.
Now if you go on yahoo finance for VTLPE the message board is there now. Scottrade trading just shows VTLP as active.
I gave up trying to contact the company, I guess they're too busy
VTLPE
What the pumpers won't tell you is what the e means
It means the company is delinquent in their reporting.
COMPARISON OF RESULTS FOR THE THREE MONTHS ENDED OCTOBER 31, 2008 AND 2007
Revenues: We had no revenues for the three months ended October 31, 2008 compared to $6,875 for the three months ended October 31, 2007. The decrease in revenues was primarily the result of us determining not to pursue our current product lines
As of July 31, 2008, our sole business was to manufacture two products under the On The Go name: a padded training seat that helps toddlers with potty training, and a baby bath with a contoured shape to cradle babies 0-6 months old. As of July 31, 2008, these two products did not produced enough revenue for us to cover our expenses. After evaluating the market for baby care products, we determined that the industry does not offer enough opportunity for a small company to create products that are affordable to develop, price competitive for the consumer and that we can introduce into distribution channels without significant expense. As a result, we determined to not invest further funds developing our baby products line
Our current cash balance and cash flow from operating activities will not be sufficient to fund our operations or our overhead. Our cash flow from financing activities for the three months ended October 31, 2008 resulted in a surplus of $4,385. We believe we will need to raise capital of approximately $300,000 to $350,000 through either debt or equity instruments to fund our operations for the next 12 months. However, we may not be successful in raising the necessary capital to fund our operations. In addition to amounts needed to fund our operations, we may need to generate an additional $500,000 to cover our current liabilities for the next 12 months.
3. RELATED PARTY TRANSACTIONS
On October 2, 2008, the Company issued 10,000,000 restricted shares of common stock to Michael Levine, CEO, President and Chairman of the Board as a deposit on the acquisition of Den Packaging Inc. valued at $2,000,000.
(In reference to the restricted transactions)
With respect to the sales of our securities described above, we relied on the Section 4(2) exemption from securities registration under the federal securities laws for transactions not involving any public offering. No advertising or general solicitation was employed in offering the securities.
The securities were sold to accredited investors. The securities were offered for investment purposes only and not for the purpose of resale or distribution, and the transfer thereof was appropriately restricted by us.
(In reference to rents paid)
9. RELATED PARTY TRANSACTIONS
As of and for the fiscal years ended July 31, 2008 and 2007, the Company had purchases totaling $3,473 and $9,789, respectively, rent expense totaling $35,864 and $32,143, respectively, and outstanding payables totaling $70,508 and $33,746, respectively, with a vendor to which the Company's Chief Executive Officer has a majority ownership interest.
They more than tripled their outstanding share count in 4 months per their last filing. But those numbers are small for companies at these price levels.
They did pay off a large outstanding debt, no matter how painful it was to existing shareholders.
Technical indicators only work if the dilution is over, it's never oversold if the shares keep coming. The volume has diminished recently though.
The restricted shares paid for the acquisition of Den packaging were a deposit, I believe there is 1.8 million outstanding on an acquisition valued at 2 mil since the restricted shares were valued at $900,000.
The particulars of the restriction were not specified.
The company being purchased (DEN) by the company (Vital Products)is being purchased from the CEO Levine
They are paying rent for their facilities to a vendor in which the CEO Levine has a majority interest.
As of their last filing there was zero revenue generated by their business. Apparently this is due to a change in direction for the company. The original business they purchased from Metro One for 1.7 million was not competitive according to statements in the filings.
The picture portrayed by the press releases and the one outlined in the filings would seem to be at odds.
Promotion, Promotion, Promotion
Bayer relationship contributes to Eko-Flor Promotion
http://www.ides.com/news/2009/0204-bayer.asp
http://www.bayerus.com/News/NewsDetail.aspx?ID=42B03F9C-BC2E-2C07-68DC9B628F7357F2
http://www.netcomposites.com/news.asp?5313
http://www.omnexus.com/news/news.aspx?id=22008
http://www.reinforcedplastics.com/articles/military/articles/090216_bayer.html
RECENT SALES OF UNREGISTERED SECURITIES
On October 2, 2008, we issued 10,000,000 restricted shares of common stock to Michael Levine as a deposit on the acquisition of Den Packaging Inc., valued at $900,000.
On October 2, 2008, we issued 500,000 restricted shares of common stock to Downshire Capital as compensation for investor relation services valued at $100,000.
Between October 14, 2008 and October 24, 2008, an existing investor converted $1,710,000 principal and interest amount of a promissory note into an aggregate of 15,200,000 shares of our common stock, at a conversion rate of $0.1125 per share. Payments under the note are convertible into shares of our common stock at seventy five percent of the lowest closing best bid prices of our common stock for the fifteen trading days prior to the conversion date.
7. CAPITAL STOCK
Capital stock consists of 1,000,000 authorized preferred shares with a $0.01 par value and 100,000,000 common shares with a $0.0001 par value.
As of December 5, 2008 the Issuer had 36,450,000 shares of common stock issued and outstanding, par value $0.0001 per share.
I think the outstanding number might be just a bit higher than that now.
New Powerpoint presentation
http://www.conforce1.com/
Bayer and Eko-Flor click the logo
Bayer Material Science-NAFTA
http://www.bayermaterialsciencenafta.com/news/index.cfm?mode=detail&id=4270018F-F15B-036D-1FC0A0FD5B535598
Thanks to Popeye
All they have to do is a reverse and they can start all over again, they will never run out of dreamers
I wrote down some thought on a blog. I won't say they relate directly to this stock however you can be the judge. I'm not an expert and you could fill volumes with what I don't know however I welcome anyone's comments or input.
Remember these things read from the bottom up
convertablefinancing.blogspot.com
I'm glad
I've been watching this every day. I actually had a couple of buy orders in that I pulled. They were very small but nothing focuses your attention more than having your money on the line
I was really starting to think it was gonna hold at .01 It bounced quite a few times.
Thought that the Metro One filing showing the promissory note payment would stop the dilution.
Right now there is no support anywhere. You cannot say now, this is the bottom.
They won't respond, they won't answer the phone.
There are better places to put my money.