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Ask your sources "VERY" close to the company. If he can tell you that the company will never file because they sold shares over the SEC limit to unaccredited investors, he can probably supply you with the most current balance sheet and status of the audited financials you say will never happen as a result of the above material and non-public information you have already received.
Oh wait, it was your Wall Street big shots that told you, oh wait it was not, oh wait...hrrrmmmm...well……..
Ask your Wall Street brethren who told you about this stock, oh wait, that was before you put the "jaundiced eye" to the information you received from them and found it to not be true. Scratch that.
Why do you not call the company and ask what pre-tax revenues are. Oh wait, that would require that you do exactly what you said you were here for, you know, "hold the companies feet to the fire". Scratch that too I guess, unless you consider "holding the companies feet to the fire" as posting on a message board for penny stocks when your a high cap market maker and expert with your "firm".
Or you could just continue to show us all "how I got bagged" without showing us anything at all.
Your asking and arguing over what “pre-tax revenues” mean when the answer to that question that is so important for you to need an answer is 1, yup ONE phone call away. You seem to have the time, I would do it for you if I could.
You can track down and question someone “VERY” close to the company and get unreleased and material information, but you can not get the answer to your question?
I do not have big contacts and super smart investment ties like you, so I have to go to the horses mouth and my question to you is: Did you recieve information from someone very close to the company that unregistered shares were sold to what is probably unaccredited investors?
Regards,
Fizzlegig
Shiz - Can you check your spam box.
I think our firewall is blocking me filling out the request to get by the spam filter.
Regards,
Fizzlegig
Shiz
-
Can you PM me you e-mail?
Regards,
Fizzlegig
If we move up today another 20%, I think I am going to suggest to the company to cease trying to add great things and big contracts and just hire 1 person every other day and PR it.
Can't wait for the lined up ducks to swim and to see what we have under the hood here.
Regards,
Fizzlegig
Think I found it: Willie C. Starling.
http://www.romingerlegal.com/fifthcircuit/opinions/91-04697.CV0.wpd.html
Regards,
Fizzlegig
Shizoku
Yea. I know it was there before, but I just noticed that they last filed a report on 01/03/2007.
I just found it curious as to why Pheonix, the main holding company has not filed since 05/2006 and they would report for Bayou Holding.
I figured it had somehting to do with the new property, but thought you might know.
Regards,
Fizzlegig
Shizoku
Bayou state holding corp?
http://www.sos.louisiana.gov/cgibin?rqstyp=crpdtlC&rqsdta=35647426D
Charter/Organization ID: 35647426D
Name: BAYOU STATE HOLDING CORPORATION
Type Entity: Business Corporation
Status: Active
Annual Report Status: In Good Standing Add Certificate of Good Standing to Shopping Cart
Last Report Filed on 01/03/2007
Mailing Address: C/O PAUL ALONZO, 2 NORTH BONITA, MADISONVILLE, LA 70447
Domicile Address: 2 NORTH BONITA, MADISONVILLE, LA 70447
File Date: 02/16/2004
Registered Agent (Appointed 2/16/2004): PAUL ALONZO, 2 NORTH BONITA, MADISONVILLE, LA 70447
Director: PAUL ALONZO, 2 NORTH BONITA, MADISONVILLE, LA 70447
Director: CAROLYN ALONZO, 2 NORTH BONITA, MADISONVILLE, LA 70447
Regards,
Fizzlegig
Shizoku
I have been following that one as it developes as well. The incentives probably come in the form of tax breaks, but still waiting for them to be published.
http://www.investorshub.com/boards/read_msg.asp?message_id=15172370
Regards,
Fizzlegig
And I guess all I can tell you at this point is a guess is about all you have left.
Regards,
Fizzlegig
mickvonmerk
I never said that they were. I believe they are required to report the sale of securities to the SEC, but not required to report it publicly through the SEC.
I was just pointing out what our market expert pointed out.
If he was told by someone very close to the company that shares were sold when the company contends that they did not and have gone through steps to prevent you and I from finding out, this would be material non-public information and possibly illegal insider information. To date, he has still not explained how this would come out of an SEC wash clean and smelling rosey.
Regards,
Fizzlegig
MrPastorious
As part of verifying the company sold shares it has plenty to do with it.
The person very close to the company gave you privlaged information that would ahve a huge impact to the price of this stock. You keep deflecting it with non-response responses.
Your the one going to hold the companies feet to the fire and if you are getting undisclosed material information from somenoe that does buisiness or is part of the company, they should know about it.
Regards,
Fizzlegig
MrPastorious
I am still waiting, since you are read up on SEC law, how a source very close to the company can tell you the company sold when the the T/A was gagged.
How since there was no public filing with the SEC as you pointed out and how you can conclude it was to more non-accredited investors than the SEC allows and thereby prevents the company from ever being able to file as the company indicated is not a violation of SEC rules.
Regards,
FIzzlegig
MrPastorious
I think the quote actually was
"It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt."
He also said "If you tell the truth you don't have to remember anything."
Regards,
Fizzlegig
MrPastorious
The reference to getting information about trading practices had nothing to do with how you heard about the stock and nothing to do with your "circle" other than you tried to talk in a circle and change your statement to a source very close told you about the stock. Now you have flipped back to your wallstreet "connections".
If you follow the second link, you said a "source" very close to the company told you about the sell into a spike. The T/A was gagged, there is no way for the average investor to know that. By your own admission and statements there was no SEC filing for the company to dilute into the the spike. You also stated in reference to the "source" very close to the company that the dilution was unregistered and probably to unaccredited investors which is why you believe that the company will never be able to file.
A source very close to the company is what we are discussing. That source informed you of the sale of securities when the stock price was "alot higher", the T/A was gagged and no way to verify with the SEC. Information that is material to trading this stock. If we knew for a fact that there never could be a filing, what do you think that would do? Right now it can not be verified except through your "sources" which you are touting about here.
Again:
http://www.investorshub.com/boards/read_msg.asp?message_id=15246487
And following:
http://www.investorshub.com/boards/read_msg.asp?message_id=15246688
Your response:
http://www.investorshub.com/boards/read_msg.asp?message_id=15246751
Regards,
Fizzlegig
MrPastorious
Nope, you stated that you were told about the company by wallstreet connections.
http://www.investorshub.com/boards/read_msg.asp?message_id=15424336
What you stated about the VERY reliable source close to the company was an insight into the companies trading practices when the T/A was gagged and the company did not release anything stating that they sold into the Katrina spike or about non-accredited investors.
http://www.investorshub.com/boards/read_msg.asp?message_id=15246487
http://www.investorshub.com/boards/read_msg.asp?message_id=15246487
Now you are using this to suggest that they will never be able to file due to SEC violations based on that information. This would be non-public and material to the trading of this stock.
Regards,
Fizzlegig
gnulnx
Well per what he has said, here is how I see it so far. He is getting inside information from "sources" about a facet of company business that is not public information and right now can not be verified. That information could cause a dramatic swing in PPS true or untrue as we have seen from the "reliable" rumors of an early filing this year.
This is not speculation he is talking here, he is presenting it as reliable fact from "someone" close to the company whom does not want to be known or he does not want to be known. If that is the case, I am sure that "person(s)" would not appreciate the fact that he eluded to them here. I would also hope that his "firm" would not wish him to be involved with it either, which he has referred to as well to gain credibility.
I do not believe that the SEC would appreciate any of it either since he received the information and is actively trading the very stock he has inside information on.
I am all for getting to the bottom of the pile and pulling out the truth, but to post such information that can not be verified is not only unethical, but as he has presented it, true or untrue, could be illegal.
I have yet to see one post where he has done what he said he was here for ("hold the companies feet to the fire"). He posts of inconsistent and non-corrected PR's etc. etc., but yet I do not see one post about how he called to confront Ron or Paul about it. His fire is not even a lit match right now. But he wants us all to ban together?
If half of what he is saying is the truth and the company really wanted to do something about it, all they would have to do is pull a list of certed shareholders that cashed in, point out the posts, perhaps do a little investigative work and let the SEC handle it. Probably not even worth their time, but if the information turned out to be true, I would sure want to know where insider information came from and why would that person protect his friend and not blow the whistle while profiting from it. True or untrue, it does not look good to be playing with and he has been trading for near or over 3 decades?
This sure is a lot of concern for a penny stock after 3 decades of trading experience when he has already profited from it. He will show you how he wants you to perceive he got bagged, but does not want to and/or can’t back any of the talk up so far.
Sure as shooting though, he will respond and argue a point he knows a little about and question everyone else while skating around anyone questioning him.
Just my opinion. If he did migrate over there, he can respond without worry of being deleted for crossing a narrower line. I do not and have no reason to hide behind another alias there. I edited all my initial thought to try to insure I did not cross that line here.
Regards,
Fizzlegig
MrPastorious
That is exactly how I read it and would explain it being set up as foreign.
Was it the "sources" that clued you in or the "Jaundiced eye"?
He also left you with exactly whom he spoke with so that you could verify any information he kindly gave out. What is so hard about you doing the same? We are in the same boat right?
Would your "sources" get into trouble for being known? Why would you bring that opon yourself if that is the case? You can claim and be correct that the SEC does not view a lot of things in a positive light. Obtaining information from a source that is not public that would be highly detrimental to a trading security in which you are directly involved in would be one of those things I assume.
Regards,
Fizzlegig
Shizoku
Thanks for the info.
before further speculation, is the loan for a joint venture or developement of the already owned property? or did the conversation go that far?
Regards,
Fizzlegig
gandalfq01
The plan I have had from day one consisted of selling @25% or less when I could get it all back. 25% would be my self imposed max. The only thing that has changed for me since I set that is the price that it will take in order to do it.
At first it was around .28ish, now it is around .17ish.
If I can sell our other home sometime in January to be again totally free from non-mortgage debt and the stock has not begun to run over my average, I hope reduce that selling point even further. Suceed or fail though, I have never ever expected to get any of my investment back.
One of my top 5 favorite movies, well it is a series, "Band of Brothers". Lt. Speirs is speaking to Pvt. Blithe and says the sooner you realize that you are already dead, you will then be able to function as a soldier should.
I simply do not have the time to devote to researching the latest penny trends and can not day trade. Although I have gotten in to some where I thought I could turn a profit in a few weeks or so, most of where I put my money will be intended for long term, meaning more than a year. It is far more risky and I accept that and fully accept that every share could end up being worth less than the commision I would have to pay to cash out.
Regards,
Fizzlegig
mrdecember123
I do not think it was board credibility he earned. He was obviouly well read and probably does have some insight to how the market works. Most of the issues argued back and forth were issues that would be comfortable to someone that took the time to read a lot up on them and/or had experience in that area.
IMHO You are right about the agenda. We all have an agenda here, I personally do not think his was honest. By the same token, my agenda "could", although opposite, be just as dishonest.
You are absolutely right about mixing fact with spin. Eventually though and almost always there will come a time to put up or shut up and all that "earned" credibility will fade far quicker that it took to earn it.
There will come a time for PBLS to do the same and if what we all expect is not realized, it is probably safe to say he will be a much bigger self horn tooting marching band than now.
Regards,
Fizzlegig
gandalfq01
I think that they would have been able to renegotiate the settlement as well post katrina. It really depends on several unknowns and not knowing is what leads to a plethora of possibilities.
I hope we see an upward trend. I think we will see a filing. Played out? Well, no stock is ever played out unless it is no longer tradable.
I have drawn my own personal line for now at giving them till end of 2Q to file. The percentage I need in order to cash out and get my investment back is long term.
If I was not in the financial situation I was in now, I would be comfortable in buying more for myself, but stop short of recommending anyone I know of buying more.
If you ever need to take your money off the table, never feel bad in doing so.
Regards,
Fizzlegig
mrdecember123
He can post under the exact same alias. He was not banned from the board or I-hub as it looks to me. Too bad I did not get to see the response. I am all for exposing the truth, whatever it may be, I just hated it that more or less it was all talk.
Perhaps he can repost his response in a manner that does not violate whatever it was he violated. Perhaps a paying member can PM me anything in the deleted post of importance. *shrug*
Regards,
Fizzlegig
MrPastorious
Both parties have accepted a settlement. It is not however over until both parties meet said obligations in that agreement, renegotiate or the agreement is broken.
Moot point anyways. Neither one of us has asked the question to those that can answer. Just like neither one of us has talked to those that can answer about PR "inconsistencies" or held anyone’s feet to the fire even though "someone" would claim that without "someone", we would all be lost.
You have "reliable sources" who brought you into this stock and "reliable sources" close to the company giving you inside information that unregistered shares were sold in violation of SEC rules and that will prevent them from becoming fully reporting. Information that is not available to the investing public. You are part of an investment firm and personlly trading this stock. If it can be confirmed and is public information, where can that information be verified?
You want someone to help hold the companies feet to the fire and ask the tough questions and get other investors to jump on board to finding the answers, supply the ammo to back it up and drop the argue, argue some more and deflect tactics.
Regards,
Fizzlegig
MrPastorious
I assume you would be refering to "knowing" under what terms the debt settlement was reached and not what debt settlement is.
Regards,
Fizzlegig
Sideem
I would think not, but it would depend on how the agreement was set up.
If they paid off the 3.5 million dollar debt in full, I would think that the agreement would be null and void if the other party agreed to it.
Regards,
Fizzlegig
tedwitt
I am willing to go as far as giving them until the end of 2Q depending on the situation at the time.
You are certainly right about the KY for investors. We will see a worse situation than the sell off we had based on pump rumours that it would be done earlier this year.
Regards,
Fizzlegig
MrPastorious
"On 2/25/05, Phoenix completed negotiations to settle $3.5 million in debt.
Based on the debt settlement agreement, Phoenix has contractually agreed to begin the process to become fully reporting within fifteen months and has contracted to finish that fully reporting process within twelve months thereafter."
Obligated to begin (15 Months) = 05/25/06
Obligated to complete the process (12 Months) = 05/25/07
http://www.pbls.biz/pressrelease_content.asp?prid=15
Provided that the debt has not already been paid in full or coarse. That would be an excellent question for you to ask and get back to us and help.
Regards,
Fizzlegig
Kenticus Maximus
I think that those responding to him seriously are giving him way more credit than due.
He may be able to make a witty response. May be well read and know a thing or two about the market. He may even actually be part of "a firm" as he claims.
When all is said and done, he claims to have bought this stock on a very reliable tip from a person he trusts without any research. Sound like some here? Perhaps like even those that actually did some and/or a lot of research?
He has posted pretty much only on this board under this particular alias. A 20 year career in the stock market only to end up posting endlessly on a penny board about one when he has aurguably traded thousands and thousands of other stocks?
Talk about how if it was not for people like him holding management feet to the fire, we would not stand a chance?
Suggesting we should all ban together to file and get the T/A ungagged and demand real answers. Suggesting that he can bring on the heat to get those answers.
Where is the heat? Where are the answers? They certainly are not on this message board. I can see management just sweating it out and wondering what he will post next to expose them *roll*. Why not call the company direct. Ron takes calls, Paul takes calls, he can by-pass Mike.
Perhaps Mr. P has a great wealth of knowledge he could share with Ron and Paul about the market. Perhaps not. Perhaps he wants to make all of these suggestions and have others actually do them for him. Perhaps he is part of some covert 007 operation based out of New York and will find me and silence me soon. Perhaps he is just an average trader or day trader that reads a lot of boards.
I do not remember any question that has been answered by his holding the companies feet to the fire. I feel that will happen about as much as he feels we will see audited financials.
Until real answers come, it is more or less just lobbing speculation back and forth across the net and he is in no advantaged or disadvantaged position than any of us here.
Regards,
Fizzlegig
FYI a Lunch was scheduled with the Denison, TX Econ. Alliance to meet the new owners of Best Jets.
They also met on the 20th and approved a "new" agreement with Best Jest and officials
http://www.investorshub.com/boards/read_msg.asp?message_id=15172370
Regards,
Fizzlegig
Happy zzzzz Friday everyone.
Regards,
Fizzlegig
Imirish
Although he and I have not had the best of posting relationship, you may want to get in touch with monkeyfrog. He may be able to fill in some pieces and/or share information with you.
He tentatively will be posting some info on Sunday on the SLJB board. Since the posters he is alluding to all have had a relationship with this stock, perhaps someone whom has not butted heads with him in the past can ask that he post that info here as well.
Btw, that was the biggest problem I had with him, in that most posts were just plain negative in nature and he would claim great DD, ask questions, get answers sometimes and promise further DD and claim to know this or that, but will post later. Next he would either post nothing or something already posted multiple times and even DD already posted by those he is going after now.
But, who knows, he may be on to something of interest to you.
Regards,
Fizzlegig
Misc. Google DD for Best jets
Wonder what the new agreement between the Denison Dev. Alliance and Best Jets was. More incentives? Less? This was all in the past month or so.
Google ("The Denison Development Alliance"+"best jets")
http://www.ntxe-news.com/artman/publish/article_38428.shtml
http://www.denisontx.org/industrial/about/AgendaPackets/Agda10-19-06.pdf
http://www.denisontx.com/about/AgendaPackets/Agda07-06-06.pdf
http://www.ci.sherman.tx.us/images/files/september142006specialcalledmeetingjointwithsedco_200609191...
http://www.denisontx.com/about/AgendaPackets/Agda06-15-06.pdf
Regards,
Fizzlegig
poorme
Texas is big on expanding wind energy. By coincidence a good guy I met on these boards just left another stock I am in for CPTC, which is in that area and arena.
Not suggesting it, not in it, have done no DD, but if alternative energy is what you like it is worth a look. I am tapped out for a while unless some of my other positions make moves.
Things seem to be coming together nicely here and the beginning of hopefully many jumps still relies on getting the first plant operational and financial arrangements.
Still believe there will not be one drop? *poke* *poke*
You know I had to!
Regards,
Fizzlegig
May have been posted before. Good reading none the less.
http://www.enn.com/biz_PF.html?id=1114
http://www.redorbit.com/news/science/484885/as_gas_prices_surge_cape_cod_massarea_firms_get_poised/i...
Regards,
Fizzlegig
Yup, Yup. Thanks Skunks.
tedwitt
I am getting stared at by co-workers for litterally laughing out loud.
Regards,
Fizzlegig
smallfish7
Did you misread the slogan that Laura Bush put out years ago?
"Just say NO to drugs." LOL - JK
Careful though, wives have a sixth sense about these things.
First rule:
You never have to deny it if you never actually said it!
Second Rule:
Thinking it will get you in trouble, saying it will get you an uncomfortable spot on the couch, but doing it will get you alimony.
Regards,
Fizzlegig
strongus2006
If you are correct and two of those three items are realized. I will publicly apologize for calling you many many names when you first appeared here even though it was under my breath and NOT at all public.
Regards,
Fizzlegig
Aye. Still pointing up. I would prefer not to gap up so that we do not have to revisit it anytime soon to fill.
I do not have lvl2 at work so I can not see the big picture.
115k in premarket activity though. Perhaps that was the reason for the big gap this am.
Regards,
Fizzlegig
skunksyard
Sheesh...look at her go.
Good luck everyone.
Regards,
Fizzlegig