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BOCL, BCLE, and ACLH are all tied together. I have heard lots of rumors, seen lots of posts claiming to "know" who owns who, but thus far none of them have shown me any reason to believe that they've looked into the past filings (sometimes scant) of the three. Of the three though, BOCL is the most current, so Jelly might be onto something.
I can find nothing to suggest that BCLE has a 41% ownership in ACLH. They do, however, have a 41% ownership of another company.
From your link:
"Huntington Beach, CA - February 26, 2010, Bio-Clean International, Inc. (Pink Sheets: BCLE) (www.bio-cleaninternational.com) announced today that the new Board of Directors of the Company, in its last meeting held on February 17, 2010, undertook to approve and ratify certain actions, including the adoption of resolutions. In summary, the Board approved (1) a resolution that the Company's 41% ownership of American Bio-Clean, Inc., (ABC) be carried on the books and records of the company as investment only, and not as an affiliated entity or a subsidiary".
ABC is NOT ACLH. BCLE's 41% ownership is in ABC not ACLH.
It's somewhat of a moot point since ACLH,BCLE, and BOCLE are so closely related, but there it is.
They are in Oklahoma, not Florida. Like many of the pinkies, the information is from a past entity. The address is an empty lot on google maps, but google's satellite pictures are usually a bit dated. The area seems residential, and I'm sure someone will start screaming "it's a scam running out of someone's garage!".
There are people who run businesses out of their home. The actual operations are not conducted at the same address.
I don't know for a fact that this is the case here, but I suspect it is.
We just need the volume to come in now, and I think it will. All the other elements are there...good company, small float, and real updates (not BS fluff PRs).
Unfortunately I'll be at work for the webinar (good idea, but god I hate that word!) but I'm looking foward to getting the recap.
The company that is shown on that website is based in England. It's not BLPT
The website is that of an entirely different company based in England.
So the CEO of an affiliated company sent you a text message about pending changes in the share structure of ACLH?
John Finn, who is the secretary and CFO of BCLE is also the CFO of the two companies mentioned in the article. James Shipley is CFO of ACLH.
Again, the two are closely related, but I don't believe BOCLE controls ACLH. I expect the relationship to be mirrored in the stock price of both FWIW.
They own a majority of shares in American Bio-Tech Cleaning Inc. , not ACLH.
http://www.tradingmarkets.com/.site/news/Stock%20News/2338456/
http://www.americanbioclean.com/contactus.htm
This is ACLH:
http://www.actcleantech.com/
Having said that, the two are VERY closely related.
You and me both!
You need to look at what the share structure has been in the past, especially reverse splits. This NEVER traded at $25 as far as I know.
I'm still bullish here, but lets not overstate the upside.
Wow, that was like five different flavors of kool-aid all in one. Couldn't you have worked the scientologists in there somewhere?
I find pinksheets to be useful for a quick overview of companies, but I don't make them the final word. Ultimately I like to see filings on Edgar, but 15-12g is often at the end of the list with pinkies. So yeah, whatever pinksheets has at the top of the page, caveat emptor and do your homework.
The same is true for a lot of pinks, including about half the ones whose boards you've posted on. I'd like to see some updated information, but welcome to pinkyland and keep your finger on that trigger!
I think this could go beyond the current share price on speculation alone. The golden ticket would be negotiations for funding, actual funding, or a buyout.
Again, I don't know which it is, but I'm optimistic.
Something to think about as well, BP is asking ACLH for field tests of their fluids, we know this for a fact (I'll stick to facts and ignore ALL recent rumors). That means the company is already on the radar if not in negotiations with BP.
Something else to consider is weather or not (I'm not versed in maritime law, but I'm guessing not) ships that have gone through the spill are going to be allowed to come into another port.
If not, someone is going to have to clean the hull before they do.
I know quite a few folks who work offshore (I moved to Louisiana a few years ago) and from what they tell me, spills are much more common than most people realize. If it doesn't affect production or profits, the oil companies will do anything that they can get away with.
That's the last update that I saw as far as OS as well. I have the authorized at 1,000,000,000 in my notes, and looking at the last month or so I suspect some dilution.
Gotcha. I thought I'd missed something here.
They apparently trade as DRX on the Toronto exchange.
What's the connection between EVXA and EMXC?
I would rephrase that question as when and if they get the funding. I have no real way of knowing the answer to that, but the recent volume, the updating of their status on Pinksheets, and other factors make me think that this may be in the works. What would really boost my confidence would be a reversal on the 15-12g.
In a nutshell I'm holding, cautious, but optimistic.
Seems to be more or less in line with what I'm seeing on Ameritrade. I'm showing the last sale at 1.44 though. I generally disregard bid and ask after hours.
Hopefully something positive that they want in the filing.
The idea of someone opposed to offshore drilling causing a massive spill doesn't make sense to me. There is plenty of information available to support stricter regulations. Do you really think someone would destroy massive amounts of what they want to protect just to create a smoking gun?
I would be somewhat surprised if Carville (or anyone else, but that's JMHO) was suggesting that people listen to Jindal.
I live in Louisiana right now and know quite a few folks who work offshore. Offshore drilling is EXTREMELY dangerous and quite a few smaller spills fly under the radar almost daily. The companies primary focus is on production, employee safety and environmental concerns are a distant second and third at best.
There were no plots or conspiracies. The general consensus I've gotten from those who work on these platforms is not shock that this happened, but surprise that it didn't happen at this scale sooner.
Quite the boost in volume today.
I've had a sell in at .0004 since 4/30 and they haven't filled me either.
You could possibly make the claim (assuming that it could be backed up with facts) that MOPN doesn't currrently have the ability to produce an adequate amount of their products. The claim that they don't have the products available at all is hard to believe.
What exactly would I be ordering from Mop Envrionmental's online store if they don't have anything to sell?
Is it that hard to fathom that given a sizable order they might just use subcontractors in order to step up production?
Very interesting read. A long overdue person mark to you.
I'd like to see them stop playing both sides against the middle, as it were. On the one hand, they say that they expect the commons to have no value when all is said and done (as I believe Cork pointed out, a fairly boilerplate statement). On the other they make statements about "defending the interests of their shareholders" when trying to hold onto assets.
To qoute Ron White "Next time you have a thought...just let it go."
Well, they reported that they will no longer be fully reporting with the 15-12g in 2005.
Wow, that was like reading a Dr. Bronner's soap bottle...but less coherent.
Went through some of the shells in the inbox this weekend and found some changes:
from the .10 to .49 list
ADCC is at .01
APRB ticker changed to CSWG (6.01 11619 traded)
ATIW is at .03
BHIT ticker changed to BARA (3.70 1500 traded)
BWBA is at .02
DIGI is active, has an Ihub board
ENCP is at .051]
FNRC is FNRCE (delinquent)
FNSI is at .05
GORV is at .20, traded 10489 shares
IVNM ticker changed to IVNG
KLXC is at .05
KTCH is at .0122
MGHL is at .08
MRHD is at .0155
NABD is at .01
OCTI is at .0885, traded 10599 shares
PALC is at 5.00
PNGX was PNGXQ, now AGAS
PRAQ ticker changed to SDGR
SIPN is at .05
TCGI is at .0028 VERY little information that I could find
THLM is at .03
VACI is at .0033
That's what I have from that particular category. I ran through the .50+ list as well and I'll post what I found when I have a chance. Take this for what it's worth, I'm not responsible for typos, brain farts, etc.
Which is exactly the precedent that they should follow.
They don't control the company, nor do they intend to influence the companies activities as far as I can tell. From the press release:
"... the Board approved (1) a resolution that the Company's 41% ownership of American Bio-Clean, Inc., (ABC) be carried on the books and records of the company as investment only, and not as an affiliated entity or a subsidiary..."
If you read further down:
"...In further actions, the Board ratified the previous sale of American Bio-Tech Cleaning, Inc. (ABT) to ACT Clean Technologies, Inc. for preferred stock of ACT, to be issued and held by the Company's legal counsel, in trust, for the benefit of the stockholders of Bio-Clean International, Inc. Additionally, for this Company's uncontested permission for the use of the name "Bio- Clean", the Board ratified the agreement to accept from Bio-Clean, Inc. three million (3,000,000) shares of common stock of Bio-Clean Inc., also to be held by the Company's legal counsel, in trust, for the benefit of the stockholders of Bio-Clean International, Inc.. Other ratification actions included the cancelation of the private placement contracts announced in November in the amount of $300,000 with only $50,000 of that amount received in December, 2009."
That sounds like they've sold some of their intellectual property and use of the name and they're holding preferred stock of ACLH as compensation. I couldn't find any reference to the private placement contracts anywhere else.
Anyone have any thoughts?
That might be true, but none of them are shells.