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This explains why they contracted a new accounting firm.
Most likely it would have been a conflict of interest
to hire a person from the old accounting firm.
It is also says that they are serious in cutting costs.
A strong financially managed company can only produce
success.
I can't think of a faster route to disclosed financials.
JMHO
There are a couple of caveats with GZFX, first they are traded on the Berlin exchange. I've lost a lot of money with stocks on that exchange. They run up and then bagholders get burned, some seem never to recover. I think EZTO and FASC were two on that exchange. Both had major problems getting off the exchange. The second caveat is that it fell on a day when almost everything else turned green.
I'm still a rookie trader, so don't take this as advice, just wanted to share my experience.
Vol: 12,593,594 Looking Good!!
I agree, positive attention is the name of the game.
Can't buy this great stock
if you ain't heard of it.
Only a couple nudges more and I'm in the green.
www.MarketGainer.com: Market Gainer Releases Coverage for Phoenix Associates Land Syndicate
By M2
Last Update: 1/4/2006 12:58:48 PM Data provided by
Jan 04, 2006 (M2 PRESSWIRE via COMTEX) -- Market Gainer strives to find dynamic issues that are unknown but because of their technology, approach, executive team, recent discoveries or other key factors, could advance in the market. Now available, Market Gainer's very own in-site blog, see below for details. Market Gainer has identified the following company based on these criteria.
Phoenix Associates Land Syndicate (OTCPK:PBLS), through its wholly owned subsidiaries, is engaged in the natural resource development, commercial transportation, real estate development and diversified construction businesses. Current company assets include oil leasehold and drilling operations, sand and gravel quarry and mining operations, a contract hauling trucking fleet, diversified construction operations and land-development leaseholds.
Phoenix Associates is making moves in the market today up almost 9 percent with over 1.6 million shares traded this morning. The share price is currently positioned at $.025 which is an increase of $.002 in the early morning market session. Looking back at the last five days in the pink sheet market for Phoenix Associates, the facts show that there has been some consistent upward movement in share price. On December 28, 2005, the share price was hovering just above $.015. The share price has inched forward everyday since December 28th. In trading yesterday, the value of shares closed at $.023. The recent popularity of the stock amongst investors could be due to news that was released this morning by the Company.
Phoenix Associates Land Syndicate announced today that it has favorably settled a longstanding promissory note dispute that has been carried on Phoenix books as a disputed contingent liability for years. The settled notes were related to capital raised, in a partial funding, in the late 1990s for the purpose of developing its Murphy Sand & Gravel operations. According to the terms of the settlement agreement, Phoenix has paid Capital Growth Resources and Capital Growth Protection, Inc. a total of approximately $557,000 in cash and approximately 11,824,000 shares of Restricted Common stock to settle disputed claims on $2,350,000 (approximately $8,000,000 total savings with estimated interest) of outstanding promissory notes issued in connection with the aforementioned raised capital.
In commenting on the settlement, Paul Alonzo, CEO of Phoenix Associates Land Syndicate, stated, "We are delighted to have reached an agreement to remove a significant although disputed contingent liability from the Company's books. While the Company disputed the validity of these promissory notes for a number of years, we acted quickly when presented with the opportunity to bring closure to the issue. The settlement terms will help the company and its shareholders realize a net savings benefit of an estimated $8,000,000 plus over the face value of the notes."
Mr. Alonzo continued, "We continue to address potential business and operational hurdles like this while focusing on building our core businesses, both organically and through acquisitions, in order to build Phoenix into a world-class enterprise the shareholders can be proud of."
The final resolution of the issue regarding the disputed promissory notes can now free up the Company to move full steam ahead with its growth opportunities without the lingering concerns of the contingent liability being a thorn in the Company's shoe. Market Gainer will continue to follow the developments of Phoenix Associates over the next 90 days as it pushes forward in building its core businesses. Today's news may attract future investment to the Company in the coming months.
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Just wondering if it was a coincidence that you pull certs and pps rises???
Happen to see any trades corresponding to the number of shares you hold plus around 7 percent??
Seems a lot of folks wanting certs are finding that this simple point and click function is met with a lot of resistance.
jmho
Well . . . . Well . . . . Christmas.
There you have it!
2 wells before Christmas. LOL
My point exactly, they are non-reporting, but according
to the act they need to be reporting. The act does not
exempt any stocks, it doesn't seem to matter what if any exchange they are traded on.
While they are non-reporting and not disclosing
any company data, the insiders are not allowed to
trade stock.
Every action of PBLS is most likely legal, but
I question the honesty of it.
These rules were written after the 1929 crash
to protect investors.
Until full reporting this stock is a gamble. JMHO
The insiders at PBLS need to be very careful,
since we as investors have little if any
company information, they could be in
trouble for insider trading.
Insider Trading
Insider trading is illegal when a person trades a security while in possession of material nonpublic information in violation of a duty to withhold the information or refrain from trading.
They could also be in violation of the Securities Exchange Act of 1934:
Corporate Reporting
Companies with more than $10 million in assets whose securities are held by more than 500 owners must file annual and other periodic reports. These reports are available to the public through the SEC's EDGAR database.
Ameritrade allows anyone with a self-directed IRA to buy
any stock and some mutual funds. If the PBLS shares in an
IRA are not real then Ameritrade or whomever is the
brokerage firm has all kinds of problems with ERISA
violations. Ameritrade accounts are insured.
This thing is really taking off today!!
What a ride!!!
If what you say is true (and I have no reason to
doubt your credibility).This is good news for shareholders.
If the company works toward $1 a share,
then get the billion A/S they have generated
a billion dollars in capital.
If they get the billion A/S now they only
get a billion pennies.
I'd rather see them delay any more acquisitions
until full financial reporting and a listing
on a good stock exchange for at least $3.
I do see a glimmer of hope.
For this stock to get going again it is going to take a lot
of good Public Relations honesty from the company.
If management is above board, they need a good PR firm
not a bunch of computer savvy kids, who happen to run
a defunct web site.
It is one thing to give out trade secrets it is another
to withhold information that is critical to
stockholder discernment.
Who in their right mind would buy this stock when it is
on the road to a R/S or .0001 per share.
Perception is the name of the game.
It is now or never that the company look like what
they say they are.
Thanks for the inquiry and update.
Are talking about a mistake that it went to 2 billion
or a misprint on the government documentation?
The fact that the O/S is unavailable only confirms
that number is significantly above our lowest estimate.
Otherwise, why hide what is common knowledge?
Here is what I think we now know:
We know for sure that there is at least
500,000 in the float and most likely at
least 1 billion, otherwise there would be
no need to increase the A/S to 2 billion.
We know that major dilution is the most
likely explanation for the drop in price.
We know that the pumpers on this board are
the best in the business. So subtle.
We also know what it is to feel like a bagholder.
We also know that all of this may be of no
concern if the company came clean with
some honest financial reporting.
We also know that if it looks like a pinkie,
acts like a pinkie, it most likely has a reason
for being a pinkie.
Now having a few numbers to work with,
this deal looks really good.
Correct me please, if I am wrong.
2500000 divided by $377,325.86 (net profit)
is 6.7 years.
4 payments but no time frame mentioned.
The stock value is $507,500 (1015000x.05)
The stock is of no consequence as long as
it is above .05 if needed to be bought back.
This is great as long as PBLS
did not assume an debt from Progas.
I'll have to take their word for it
as I wasn't around back then.
I refuse to pay to watch commercials
and so don't have cable or satellite.
Myself and a lot of others on this board will feel
tons better when we are above a break even point.
Garmin is not a good comparison as it is on an
official exhcange and does reporting. That is why
I am looking for another pinkie.
Company buy backs are usually regarded as very positive
for shareholders and the price does go up, or so has
been my experience. This is the first stock that has
gone down substantially after the announcement.
I was trying to determine if the difference was
due to it being a pinkie or something else,
like dilution.
Does anyone know of another pinkie that issued
a share buyback?
The only stock I can think of is Garmin, GRMN.
I want to look at charts to see if they tanked
first or flew right away.
The issue here is credibility.
When I see what happened here today, companies like
Enron and Worldcom come to mind.
There were both heavy into acquisitions.
The difference, they had financials.
Financials provide information to the investor.
Financials also allow the investors to send scammers to jail.
As for myself, I think I am more upset that I have not learned from my mistakes and that I have nothing to prove this company is or is not above board. This stock is a gamble.
I will write the SEC to suggest financial reporting for all
publicly traded companies and that the TA should never be gagged.
I am not sure competition is a good thing.
Monopolies are much better companies for
stockholders and employees.
Looking at the competition, sprx.ob is
currently trading around .25 per share and
is losing more than twice the revenue of
GLIF.
This makes the potential of GLIF look good.
MMs are playing hot potato
with the same shares
over and over again.
Stockguru.com: Guru Alerts for Monday, December 12, 2005 OGHC, NEOM, TPLM, GLIF.
By M2
Last Update: 12/12/2005 10:31:11 AM Data provided by
Dallas, Texas, Dec 12, 2005 (M2 PRESSWIRE via COMTEX) -- Stock Guru Alerts for Monday include On The Go Technologies, Inc. (OGHC), NeoMedia Technologies, Inc. (NEOM), Triangle Petroleum Corporation (TPLM), and Grant Life Sciences, Inc. (GLIF).
Grant Life Sciences, Inc. (GLIF) closed down at 4.76%, trading 11,516,925 shares on Friday.
Grant Life Sciences Inc. develops products to improve the efficiency of detecting and diagnosing cervical cancer, including a sensitive, reliable, non-invasive, point-of-care test. The diagnostic assay being developed by the Company has initial clinical validation indicating superior sensitivity and specificity in detecting cervical cancer and its precursors, a disease that kills in excess of 300,000 women annually. Currently there are more than 120 million cervical screening tests administered annually in the U.S. and Europe. More than 120 million eligible women 20+ years old in developed nations still do not get Pap smears, and globally more than 1.7 billion over the age of 20 have never been checked due to cultural, religious or economic reasons. Further information is available at: www.grantlifesciences.com.
Crescende (CDIT) Prepares for Listing on OTC BB
By Market Wire
Last Update: 12/9/2005 2:30:10 PM Data provided by
VANCOUVER, BC, Dec 06, 2005 (MARKET WIRE via COMTEX) -- Crescende International, Inc. (PINKSHEETS: CDIT) announced today that it has initiated procedures to move its listing from the Pink Sheets to the OTC Market within the next four to six months.
The announcement was made by CEO Michella Frosch, who stated this move will greatly enhance future financings and strengthen the company's future. Crescende's shares issued remain at 125 million as the company gears up to fulfill its mandate.
CDIT's Board of Directors is presently in the due diligence process on several cultural properties the company intends to represent, and intends to announce additional new projects in the New Year.
Crescende will develop, package and tour major exhibitions and create art reproductions and souvenir adaptations from the artifacts in the exhibits. The company will tour various parts of the world with concurrent exhibitions planned for many countries, including Australia, Hong Kong, London, UK; Spain, Germany, and North and Central American cities like Los Angeles, Memphis, Chicago, New York, Washington, DC and Seattle, USA, Mexico, Toronto and Vancouver.
Crescende has developed a team of professionals and associates who are leaders in their respective fields -- each bringing extensive knowledge, experience and expertise to the programs.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
For press and partnership inquiries, or if you would like to be added to CDIT's email updates list, please send an email to crescende@shaw.ca or the address below.
SOURCE: Crescende International, Inc.
Stockguru.com: Guru Alerts for Wednesday, December 7, 2005 GFAM, GLIF, TNOG, USGL.
By M2
Last Update: 12/7/2005 6:02:24 AM Data provided by
Dallas, Texas, Dec 07, 2005 (M2 PRESSWIRE via COMTEX) -- Stock Guru Alerts for Wednesday include Great American Family Parks (GFAM) , Grant Life Sciences, Inc. (GLIF), Titan Oil and Gas, Inc. (TNOG), and U.S. Gold Corporation (USGL).
To feature your publicly traded company in our alerts, email feature@stockguru.com or call (469)252-3031 and we will gladly send more information on featuring your company with StockGuru.com.
Grant Life Sciences, Inc. (GLIF) closed down at 9.09%, trading 9,001,626 shares on Tuesday.
Grant Life Sciences Inc. develops products to improve the efficiency of detecting and diagnosing cervical cancer, including a sensitive, reliable, non-invasive, point-of-care test. The diagnostic assay being developed by the Company has initial clinical validation indicating superior sensitivity and specificity in detecting cervical cancer and its precursors, a disease that kills in excess of 300,000 women annually. Currently there are more than 120 million cervical screening tests administered annually in the U.S. and Europe. More than 120 million eligible women 20+ years old in developed nations still do not get Pap smears, and globally more than 1.7 billion over the age of 20 have never been checked due to cultural, religious or economic reasons. Further information is available at: www.grantlifesciences.com.
Any ideas on the price drop today??
Was there any connection between those
in the indictment and FASC?
What is happening to the stock? I figure it must either be really bad news and the company insiders are dumping or really good news and the MMs are trying to load up with super cheap shares.
If naked shorting is a major problem, it might be easier controlled if the number of shares outstanding were unknown.
Yes, I was thinking direct sales. So we are averaging 1 per month, that should take them over the quota of 8 per year.
They only need to sell 8 per year to become profitable. Anyone know how many have been sold so far this year?
Yeah I read the posts, do a little DD and notice stock alerts. It is just that the stock alerts appear to have immediate expectations whereas the board appears to be more patient expecting news of the drilling to take place in days or possibly weeks.
TwinTrader.com: Twin Trader Alerts for Tuesday, November 15, 2005 AMEP, MIVT, CSCE, PLKC
TwinTrader has alerts on this stock almost everyday. And almost everyday it goes down in PPS. Could it be that there is good news in the wings? or just high expectations?
Any other ideas?
Does anyone know if this was ever received?
Looks like to me that it was never collected?
It would be enough to show profitability.
Waste Resources Action Program (WRAP) Research Funding
In September 2004, we signed an agreement wherein WRAP has agreed to provide funding to develop "value enhanced end-products" from the output of the KDS machine. WRAP has agreed to provide $1,000,000 USD for the purchase and installation of one complete KDS system to be located at an industrial site in England. The fund will also pay for market research, scientific research, re-design and adaptation costs for the equipment and supplementary systems for industry-specific applications.
TwinTrader.com: Twin Trader Alerts for Monday, November 14, 2005 AMEP, MIVT, CSCE, PLKC
By M2
Last Update: 11/14/2005 6:03:08 AM Data provided by
Dallas, Texas, Nov 14, 2005 (M2 PRESSWIRE via COMTEX) -- Twin Trader Alerts for Monday include American Energy Production, Inc. (AMEP), MIV Therapeutics Inc. (MIVT), Cascade Energy, Inc. (CSCE) and PlanetLink Communications Inc. (PLKC).
To feature your publicly traded company in our alerts, email feature@twintrader.com or call us at (214) 227-7559 and we will gladly send more information on featuring your company with twintrader.com.
American Energy Production, Inc. (AMEP) traded as much as 1.85% over open on Friday.
American Energy Production, Inc. engages in the acquisition, development, production, exploration for, and the sale of oil and gas in the United States. The company, through its subsidiary, Bend Arch Petroleum, Inc., holds 1116 acres in Pinto, Texas, and also a 50% interest in 400 acres in Parker County, which includes five producing natural gas wells, as well as natural gas pipeline.
In other words, it you are not in and it doesn't dip, you have missed the boat....JMO
TwinTrader.com: Twin Trader Alerts for Friday, November 11, 2005 AMEP, MIVT, CSCE, PLKC
By M2
Last Update: 11/11/2005 6:01:13 AM Data provided by
Dallas, Texas, Nov 11, 2005 (M2 PRESSWIRE via COMTEX) -- Twin Trader Alerts for Friday include American Energy Production, Inc. (AMEP), MIV Therapeutics Inc. (MIVT), Cascade Energy, Inc. (CSCE) and PlanetLink Communications Inc. (PLKC).
To feature your publicly traded company in our alerts, email feature@twintrader.com or call us at (214) 227-7559 and we will gladly send more information on featuring your company with twintrader.com.
American Energy Production, Inc. (AMEP) traded as much as 1.82% over open on Thursday.
American Energy Production, Inc. engages in the acquisition, development, production, exploration for, and the sale of oil and gas in the United States. The company, through its subsidiary, Bend Arch Petroleum, Inc., holds 1116 acres in Pinto, Texas, and also a 50% interest in 400 acres in Parker County, which includes five producing natural gas wells, as well as natural gas pipeline.
My view is that this company is ahead of its time. There just is not a market or high demand for nanotubes at this moment in time. It is like sitting on a iron ore mine a few years or months before the iron age takes off.
It is possible that the company could create a market, possibly marketing one nanotube at a time.
The fact that the stock rose from pennies to over a dollar in a couple of weeks and has stayed there for months, tells me that the demand will eventually happen.
How long will it take is anyone's guess.
Be patient.
OTCPicks.com: Daily Market Movers Digest, Midday Stock Alerts, Thursday, November 10th, VMHVF, GLIF, ARKN, JUNI, PECB, BRVO
By M2
Last Update: 11/10/2005 12:56:16 PM Data provided by
Nov 10, 2005 (M2 PRESSWIRE via COMTEX) -- Today our stock watch alerts today include Featured Profiles for VideoMovieHouse.com (VMHVF) and stock alerts for Grant Life Sciences Inc. (GLIF), Arkona, Inc. (ARKN), Juniper Group, Inc. (JUNI), Pet Ecology Brands, Inc. (PECB), Bravo! Foods International Corp. (BRVO).
GRANT LIFE SCIENCES, INC. (GLIF) "Up 15.38% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/GLIF.php
Grant Life Sciences Inc. develops products to improve the efficiency of detecting and diagnosing cervical cancer, including a sensitive, reliable, non-invasive, point-of-care test. The diagnostic assay being developed by the Company has initial clinical validation indicating superior sensitivity and specificity in detecting cervical cancer and its precursors, a disease that kills in excess of 300,000 women annually. Currently there are more than 120 million cervical screening tests administered annually in the U.S. and Europe. More than 120 million eligible women 20+ years old in developed nations still do not get Pap smears, and globally more than 1.7 billion over the age of 20 have never been checked due to cultural, religious, or economic reasons. Further information is available at: www.grantlifesciences.com.