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nice
I think more has to trade @ .001?
Is this a short situation too?
Who what where?
RushNet, Inc. Announces Increase of Book Value of Its Investment into Meritage Beverage Group of California
Ticker Symbol: U:RSHN
BLUE ISLAND, Ill. -- (Business Wire) -- July 21, 2006
Chicago-based RushNet, Inc. (Pink Sheets:RSHN), brand
owner of e-water(TM) and the marketing company for Rush Beverage Co.
announces an increase in the book value of its investment into
Meritage Beverage Group of CA. A year ago, RushNet made a cash
infusion into Meritage Beverage Group for 5% ownership.
¶ In his investment report to RushNet, Meritage's President and CEO,
Jim Clements, was pleased to inform the increase of the book value of
RushNet's investment into Meritage by approximately 25%. Further to
the reporting is the following:
-0-
*T
Gentlemen,
1. We have over 10,700 case of our own brand of delSol wines that
we blended, and bottled.
2. Meritage is 50% owner of Global-e-Selections and we have sold
15 containers of our Italian wines this year.
3. We are working with a Canadian Company and making a
presentation next month for our new Tetra Prisma Organic
portfolio of wines.
4. We have a new contract with the Swedish Monopoly for 12,500
cases which will provide $345,000 per year in revenue to
Meritage.
5. We have begun making full presentations and tastings with all
of the major retail chains.
*T
¶ RushNet CEO Bob Corr, comments, "The investment into Meritage is
paying off. Not only with the increase in the value of the investment,
but more so, with the increase in the Meritage brand recognition in
the international market place, Jim is doing a fine job. Refining his
sourcing and importing skills with bulk wines from around the world,
he has increased sales of his custom and in-house bottled wine brands
as well. We also continue to move forward together to collaborate on
the completion of our herbal wine line's development. The years of
hard work are finally bearing fruit".
¶ Disclaimer: The Company relies upon Safe Harbor Laws of 1933, 1934
and 1995 for all public news releases. Statements, which are not
historical facts, are forward-looking statements. The company, through
its management, makes forward-looking public statements concerning its
expected future operations, performance and other developments. Such
forward-looking statements are necessarily estimates reflecting the
company's best judgment based upon current information and involve a
number of risks and uncertainties, and there can be no assurance that
other factors will not affect the accuracy of such forward-looking
statements. It is impossible to identify all such factors. Factors
which could cause actual results to differ materially from those
estimated by the company include, but are not limited to, government
regulation; managing and maintaining growth; the effect of adverse
publicity; litigation; competition; and other factors which may be
identified from time to time in the company's public announcements.
Contacts:
RushNet, Inc.
Robert Corr, 708-389-6625
rushbev@gmail.com
www.enjoytherush.com
or
Christie Communications
Tim Sanchez, 805-962-1347
tsanchez@christiecomm.com
China Direct Prevails in New York Legal Action
Ticker Symbol: U:CHDT
COOPER CITY, FL -- (MARKET WIRE) -- 07/21/06
http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=146420&ProfileId=051205&sourceType=1" target="_blank">http://media.marketwire.com/attachments/200607/272287_CHDT_logo_pr.gifhttp://at.marketwire.com/acces...
China Direct Trading Corporation (OTCBB: CHDT) (China Direct), today announced Judge Richard M. Berman, U.S. District Judge for the Southern District of New York, ruled in favor of China Direct Trading Corp. yesterday, granting its Motion for Summary Judgment against Celeste Trust, Esquire Trade & Finance, Inc. and Investcor. The plaintiffs had sought their share of a $700,000 promissory note and 7,650,000 shares of stock in China Direct.
In March 2001, CBQ, Inc., the predecessor corporation for China Direct, purchased the assets of two wholly owned subsidiaries of Socrates Technologies, Inc., Technet and Networkland, and provided a $700,000 promissory note and 7,650,000 shares in escrow for eventual release to the purchasers. In a separate legal action in March 2001, the plaintiffs, and their other co-investors, settled with Socrates and agreed that the settlement would operate as a bar to any further claim on the assets of Socrates. In that action the plaintiffs accepted a payment of $1.5 million to settle their claim for their $3.5 million investment in Socrates.
Citing the well-known legal doctrine of res judicata, Judge Berman held that the prior final judgment on the merits against Socrates prevented Celeste and its co-investors from making any further claim against the assets of CBQ or its successors in interest (China Direct). In other words, the court held that the investors in Socrates should not be allowed to have "two bites at the apple."
The conclusion of this action will allow China Direct to remove from its balance sheet any contingent liability related to this matter.
"We are delighted that this litigation has been concluded in our favor," said Howard Ullman, Chairman and CEO of China Direct. "And the company wishes to thank Bart S. Fisher, its prior majority shareholder, for bearing the costs to settle this matter."
China Direct
Rich Schineller
Tel: +1-941-918-1913
premarket sells @ .023
keep an eye on VTAI for a morning star reversal
Or a disaster...lolol
Hi VZ! good luck today! What ya watching
Morning.... Y..A..W..N
My two cents
Well, I bought this @ .014 and just sold all my share the other day @ .007. A 50% wipe out! The question is why? Ok here it is !
Most of the chatter on this board is about pinks sheets quoting. A complete distraction from the real issues and it worked because I was starting to believe that!
A NR abut 800 bla bla bla does not constitute strong share appreciation!
Now I realize the 800 bla bla bla ..etc in the ground is no big deal either. Heck I can give you a list a mile long of Canadian junior ventures with better results, bigger estimates, confirmed in ground resources by canadian officials and those stocks are going no where in the summer as well. Just because the price fell from .13 does not mean it can't go lower! At .006 I am already saving money and there is no indication that anything will make the chart look any better short term.
Leave believing and the word "hope " at the exit door when you leave. At the rate it is falling with no real volumes I will be able to buy all my shares back @ .001 and cut my losses in half! It looks like tomorrow will be a gap down and I am now one of those players that looks for reversal candles and I don't see one coming as of yet.
GOod luck with this one.
I would much rather work on making my money back in PAIM, AMRE, etc...... There are plenty of movers now ot recoupe our losses..
I know this is not a good post but as always it is realistic and to the point!
Good luck with all your decisions.
I just feel that Pinks quoting this play will not create buyers you all keep claiming!!!!!!
If it breaks .0023
buy @ .0019
Very nice WCHG
VTAI Possible MOMO alert! But beware of the following NR!
Possible morning star reversal here! Looks great on the weekly volume at definitely at the bottom of the charts! Or is it? Read NR before considering! What happened to this Insurance company?
Mentioned this one last week..
----------------------------------------------------------------
A.M. Best Revises Ratings of Vesta Insurance Group
2006-07-06 09:55 ET - News Release
OLDWICK, N.J. -- (Business Wire) -- July 6, 2006
Company Website: http://www.ambest.com
A.M. Best Co. has revised the financial strength rating
(FSR) to E (Under Regulatory Supervision) from C++ (Marginal) and the
issuer credit ratings (ICR) to "d" from "b" for the property/casualty
affiliates of Vesta Insurance Group (Vesta). Concurrently, A.M. Best
has revised the ICR to "d" from "cc" for Vesta's parent, Vesta
Insurance Group, Inc. (Other OTC: VTAI). Additionally, A.M. Best
has revised the senior debt ratings to "d" from "cc" for Vesta's $100
million 8.75% senior unsecured debentures, due 2025 and to "d" from
"c" for Vesta Capital Trust I's $100 million 8.525% deferrable capital
securities, due 2027. All companies are located in Birmingham, AL.
The rating revisions pertain to the following property/casualty
affiliates of the Vesta Insurance Group:
-- Vesta Fire Insurance Corporation
-- Florida Select Insurance Company
-- The Hawaiian Insurance & Guaranty Company, Limited
-- Shelby Casualty Insurance Company
-- The Shelby Insurance Company
-- Texas Select Lloyds Insurance Company
-- Vesta Insurance Corporation
For Best's Debt Ratings, all other Best's Ratings, an overview of
the rating process and rating methodologies, please visit
www.ambest.com/ratings.
For current Best's Ratings, independent data and analysis on more
than 3,000 individual property/casualty companies and A.M. Best
groups, please visit www.ambest.com/pc.
A.M. Best Co., established in 1899, is the world's oldest and most
authoritative insurance rating and information source. For more
information, visit A.M. Best's Web site at www.ambest.com.
Contacts:
A.M. Best Co.
Public Relations:
Jim Peavy, 908-439-2200, Ext. 5644
james.peavy@ambest.com
or
Rachelle Striegel, 908-439-2200, Ext. 5378
rachelle.striegel@ambest.com
or
Analysts:
Jeffrey Mango, CPA, 908-439-2200, Ext. 5204
jeffrey.mango@ambest.com
or
Richard Attanasio, 908-439-2200, Ext. 5432
richard.attanasio@ambest.com
JMHO
PLKC
This has been nose diving for a while. Will be interesting t see where it bottoms out!
Maybe .002 is not impossible. Keep on watch list and stay clear for now.
What a great week for MOMO!
So many movng nice to see.
USXP
Well, What can I say? I am still holding and still expect a reversal. Tomorrow will tell the story. Was correct on the open but then MMs just kept pressure on the stock as so many other plays were moving it gave them an opportunity to drag it lower. Not dead yet but only treading water. .34 was taped but not really traded. I am looking to see some heaving trading @ .0035 and up for a nice weekly close with a lower shadow. It is time to watch others now as this one does ot have the spot light with PAVI - PAIM- FHAL- and many others.
Later players
PAIV- can they push it up near the close?
PAIV - FHAL
Doji forming at the top of the a run! Called
" kiss of death candle " Be very warying of trading this now!
FHAL-
Posted last night to sell anything over 1.40. Hope all listened
Resident TA reader
Another sea of red across the boards
Nice find a few movers
PAIV... added
wonderful!
morning players
ok but there is no one that will confirm a trade under
.0001! and there have been trades right along! What was the sale price!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
did that include after hours trading they don't count
USXP Here is my take on it
http://www.investorshub.com/boards/read_msg.asp?message_id=12123110
Well, I spent hours trying to find out what price 3000000 shares traded at and could not get an answer from any one anywhere any how!
It shows as a no cost trade!
what a joke!
Shares don't even get crossed for free let alone trade for free but all parties contend there was no trade under .0001
Whoa.... what? Ok I give up! Anyone want to try?
Hey guys/Gals
This is not Ragingbull forum! Remember? State your opinions and your facts and that is it! No character attacking! Orderly discussions without verbal abuse would be appreciated! Fighting and Name calling will not increase the PPS!
Please don't end up like the XKEM board. If those tactics are you preferences.... then please head back to Ragingbull.com.
Moderators here will not tolerate non compliance of IHUB posting policies.
Your posts will be deleted and you will be reported to Matt!
Save yourself this grief!
No stock is worth being banned or jailed
JMHO
High bdm.
I have just taken over this board and have not been able to contact the company as of yet. I will try again tomorrow. It is very hard to have traffic in a stock that neither has movement nor Nrs! I guess that is the big problem. I have updated the key information and will try to find out more on what is going on.
Thank you again for your interest
FHAL
You bought @ .21 and have not sold a share when it hit 1.55?
OK,... Well for the more realistic,... if this was going to trend higher it should have closed above 1.10! That tall upper shadow notice is a taller shadow than the day before! A candle foreshadowing of what is to come. As the upper shadows get longer the stock is starting to lose momentum! Tomorrow will be the forth day for an uptrend and that is already too many! If it does go much higher expected a kiss of death candle. This pattern is so typical it is listed as one of the most reliable patterns for predicting the out come.
Recommendation, Sell anything over 1.40 IMHO. If it goes to 2.00 so what, MOMO says " take profits " Catching the top, Well it never did retrace to over 1.55 did it!
I do not own this anymore and have no reason to pump nor bash what the out come is!
I am just doing my job as resident T A reader here. Do your own DD and best of luck with your decision. My Job is call things as I see it and I see this as needing to take a breathe.
It is not like this traded 100 million or so. Then we could look at a changing of the guards but not at these volume levels. Some are going to be burned as bag holders..
FHAL might be heading higher but it will need a rest first, before the next leg up! A high of 1.55 is a long way from 2.00
For the longs I hope I am wrong but when all you have is hope........ SELL SELL SELL
Yes I know all about the 15.00 story!
good night, over and out.
USXP! My final comment on it for tonight!
After looking over the the two dailys this is what I come up with.
A gap open above the 50% mark of yesterday's real body is great by it self but the fact that it closed above yesterday's close is even better. These type of candles can usually indicate a reversal. The opposite like PLKC did showed reversal toward down and it has gone down.
Accumulation here seems to be what is going on before a big move up! We have already in two day breached higher volume than in the last two weeks and soon will be approaching higher than the third!
Most sub pennies went down today and I guess USXP held it own after all the days trading and closed up .0001.
The weekly still looks terrible and it might not be till next week that we get over .0047, but the volume is showing strength in this stock!
Over all a disappointing day for day traders but over all it shows a reversal possible here. Tomorrow should gap open @ .0039 or .004 and tap .0037 as a low and then we are off to the races.
JNHO of course
so we sit and wait some more!
I iwll buy some @ .0005 if I can. Especially those I sold @ .0008
you can say that!
trades all day and still flat!
Either accumlation or distribution. I just can't tell but I'm hanging in there
yes that is true but we needed 140 million and so far we are way off!
USXP does not look good for a close over .004
early close prediction
.0040 or .0042
when i call them and...
they torture me all day to move I call this sweating ti it out!
The Last few NRs were fantastic for promotion as well as the chart shows they triggered stops @ .0038!
So now we are sitting on the edge of the chair! I hate to call something wrong!
When i recommend a buy , I buy and feel some what responsible for my posts! No hype, no fluff, this is work that i do...
Have a good one Brikk!
USXP still looks ready to pop!
Yes, but we are running out of time now for today. I iwll be holding it all for tomorrow!
yep!