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California woman arrested in insider trading case
NEW YORK (Reuters) – U.S. prosecutors on Wednesday charged a California woman with leaking secrets about technology companies to two hedge funds in exchange for illegal payments, expanding their probe into insider trading.
Winifred Jiau is at least the sixth person arrested since U.S. authorities raided three hedge funds last month, ratcheting up the pressure on the industry in their more than two-year-old probe.
Primary Global Research LLC, an "expert network" firm that linked investors such as hedge funds with industry experts, in a statement said it used Jiau as a consultant from September 2006 to December 2008, when "the relationship was ended."
The period roughly corresponds with the time frame in which prosecutors said Jiau's alleged illegal activity took place.
Jiau's lawyer was not immediately available to comment.
Prosecutors accused Jiau, 43, of selling inside information about publicly traded companies including computer chipmakers Marvell Technology Group Ltd and Nvidia Corp to hedge funds, including the founder of a New York fund that prosecutors did not identify.
They said the information was sold through an expert network firm, in exchange for more than $200,000 of payments funneled through that firm, also not identified.
Nvidia spokesman Hector Marinez said Jiau had been a contractor at Nvidia before leaving about a year ago. Marvell did not return a request for comment.
Hedge funds pay expert network firms for access to experts who are supposed to offer insights on industry trends.
DETAINED
Jiau was charged with one count of securities fraud and one count of conspiracy, and could face 20 years in prison on the securities fraud charge, according to U.S. Attorney Preet Bharara for the Southern District of New York.
The defendant was arrested at her Fremont, California, home on Tuesday, and ordered detained by U.S. Magistrate Judge Nandor Vadas at a hearing Wednesday in San Francisco.
A bail hearing is set for January 3. It is unclear whether Jiau's case will eventually be transferred to New York.
Jiau's arrest follows criminal charges on December 16 against three technology company executives who allegedly sold secrets about companies including Apple Inc and chipmaker Advanced Micro Devices Inc.
Also charged on that date was James Fleishman, a salesman at Primary Global, which had used the executives as consultants.
Primary Global has said it put Fleishman on leave and ended ties to the three executives arrested earlier this month.
In a separate hearing in San Jose, California, U.S. Magistrate Judge Timothy Bommer allowed Fleishman to remain free on bond, and directed him to appear in Manhattan federal court on January 4.
ACCURATE INFORMATION SAID TO BE LEAKED
Prosecutors said payments to Jiau went through a Mountain View, California-based expert network firm that purported to provide "institutional money managers and analysts with market intelligence" through a "global advisory team of experts."
Primary Global uses that language in its marketing materials, and is based in Mountain View.
Marvell and Nvidia both have U.S. headquarters in nearby Santa Clara, California, though Marvell is based in Bermuda.
Prosecutors said Jiau provided two portfolio managers of separate hedge funds with accurate information about Marvell's results for the quarter ended May 3, 2008, leading to more than $820,000 of trading profits for the New York fund.
They also said Jiau on August 8, 2008 told the portfolio managers that Nvidia would post revenue of "892" for its 2009 fiscal second quarter and announce a stock buyback.
A few days later, Nvidia posted revenue of $892.7 million and added $1 billion to its buyback program, prosecutors said.
While the New York fund was not identified, FBI agents last month raided Level Global Investors in New York as part of the hedge fund probe, as well as Connecticut-based Diamondback Capital management and Boston-based Loch Capital Management.
A Level Global spokesman did not immediately return a call for comment.
The case is U.S. v. Jiau, U.S. District Court, Southern District of New York, No. 10-mag-02900.
http://news.yahoo.com/s/nm/20101229/bs_nm/us_insidertrading_arrest
Very cool...
It doesn't jive with the definition
Intermarket sweep orders are limit orders that require they be executed in one specific market center even if another market center is publishing a better quote. That is, they disobey the order-protection rule. They are typically used by institutional algorithmic investors and not by individual investors.
http://en.wikipedia.org/wiki/Intermarket_sweep_order
Intermarket Sweep Order
A limit order designated for automatic execution in a specific market center even when another market center is publishing a better quotation. When sending an Intermarket Sweep Order, the sender fulfills Reg. NMS order-protection obligations and NYSE Rules by concurrently sending orders to market centers with better prices. These orders are not subject to auto-routing and must be marked with a trade indicator of “F”.
http://www.nyse.com/glossary/1127471914434.html
16 Market Square
1400 16th Street
16 Market Square Suite 400
Denver, Colorado 80202
Main tel: 720 932 8000
16 Market Square Center provides clients with one of Denver's most prestigious business addresses in the LODO area of downtown. Located directly across from the Market Street Station servicing the 16th Street Mall, the center is situated on the 4th floor of a beautiful 8-story brick building constructed in 2001 to replicate the historical elements of downtown. This building features a stunning lobby entrance with marble archways and floors, vaulted ceilings, and a variety of retail amenities such as a full-service bank, coffee shop and two restaurants.
Clients enjoy the use of the modern architecture of our reception area, three fully furnished conference rooms and a training room that can accommodate up to 22 people. Four touchdown rooms are conveniently located directly off the reception for visiting clients or guests. The center also provides video-conferencing, LCD projectors and other advanced audio-visual technology. Our onsite support team is available to provide professional administrative support. For added convenience, clients and guests have access to covered monthly and daily covered parking within the building.
http://www.regus.com/locations/US/CO/Denver/ColoradoDenver16MarketSquare.htm
VCTY - Nevada SOS status: Default
Videolocity International, Inc. - From Active to Default
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=DkbCwbqdXLEbS%252f9WzSySbA%253d%253d&nt7=0
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57922111
STOCK DISTRIBUTORS
MetalHead
May 14, 2009 3:29:03 PM
Re: moneyflowsmyway post# 24218 Post # of 113195
The form D shareholders are probably the 3rd party that paid him. IMO< they are getting these shares under .0001. We go back to .0001x.0002 before close. too much volume hitting the bid.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37828320
bankshot
Thursday, May 14, 2009 3:33:07 PM
Re: MetalHead post# 24219 Post # of 113197
Exactly. Happy to see that I'm not the only one or two, three on this board that has a brain, lol...j/k...
Of course it's, most likely, the Form D share buyers...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37828590
bankshot
Monday, May 18, 2009 12:21:10 PM
Re: Tufan123 post# 24744 Post # of 113197
Looks like YOU are so wrong, Tufan. What were you expecting? The only useful information was that they sold 150 million shares @ .00005...which MAY have been to K&L International who is listed as a 5% beneficial owner.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37910892&txt2find=international
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DEFENDANTS
Stephen W. Carnes, age 45, is a resident of Apopka, Florida. He is the president, principal executive officer and principal accounting officer of Signature Leisure and the managing member of Signature Worldwide. Signature Worldwide Advisors, LLC is a Minnesota limited liability company with a business address in Champlin, Minnesota and a mailing address in Casselberry, Florida.
Lawrence A. Powalisz, age 45, is a resident of Winter Park, Florida. Powalisz is the sole officer of K&L. K&L International Enterprises, Inc. is a Florida corporation located in Casselberry, Florida.
http://www.sec.gov/litigation/complaints/2009/comp21224.pdf
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Syndication, Inc.
Initial Company Information and Disclosure Statement
Company Information as of December 31, 2009
Part B Share Structure
Item IV The exact title and class of securities outstanding
The Company had 181,392,665 shares of common stock issued and outstanding as of December 31, 2009
The Company issued a total of 150,000,000 shares of common stock issued at $0.00005 per share for cash on December 23, 2008.
Part D Management Structure and Financial Information
Item XIV Beneficial Owners
K&L International
6418 S. Howell Avenue
Oak Creek, WI 53154
Number of Shares - 150,000,000
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=21493
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State of Wisconsin
Department of Financial Institutions Corporate Records
KEVCO, INC.
Entity ID K023727
Registered Effective Date 11/12/1990
Registered Agent
KEVIN A POWALISZ
Principal Office
6418 SOUTH HOWELL AVE
OAK CREEK, WI 53154
https://www.wdfi.org/apps/CorpSearch/Details.aspx?entityID=K023727&hash=1233771592&searchFunctionID=25a00aa3-2556-475b-aa7c-0b92171097d4&type=Simple&q=Kevco+Inc.
I'll answer your question with a question
How do you feel about an affiliation with evildoers that creates the possibility they are doing the same nefarious acts with this company as they did to others?
THE WRAP-AROUND AGREEMENTS: AN OVERVIEW
As a general matter, these wrap-around agreements work as follows:
First, the transaction is predicated upon a debt the Issuer Company allegedly owes to one of its officers for more than one year, either for unpaid salary or a loan. The Issuer Company and its officer (or another affiliate) agrees to assign the debt to a Stock Distributor Defendant. The agreement modifies the purported original debt "to include a convertibility provision allowing [the Stock Distributor Defendant] to convert [the debt that the Issuer Company now owes to the Stock Distributor Defendant] into common voting stock" based upon a formula set forth in the agreement.
Second, the Stock Distributor Defendant signs a promissory note agreeing "to purchase the debt due and owed" to the officer for an amount equal to, or for a percentage of, the debt, generally within a one-year period.
Third, the Stock Distributor Defendant requests that the Issuer Company convert the debt into shares of an Issuer Company and the Issuer Company issues shares to the Stock Distributor Defendant, usually at a significant discount and without adherence to the convertibility formula.
Fourth, before or after the request, the Stock Distributor Defendant pays cash to the Issuer Company or its officer.
Fifth, in a matter of days or weeks after issuance, the Stock Distributor Defendant resells the stock into the public market, reaping enormous profits.
http://assets.bizjournals.com/cms_media/southflorida/pdf/K&L%20complaint.pdf
SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 21632 / August 25, 2010
Securities and Exchange Commission v. K&L International Enterprises, Inc., et al., Case No. 6:09-cv-1638-Orl-31KRS (M.D. Fla.)
SEC OBTAINS JUDGMENTS AGAINST STOCK DISTRIBUTORS STEPHEN CARNES, LAWRENCE POWALISZ AND THEIR COMPANIES
The Securities and Exchange Commission announced today that on May 17 and August 17, the Honorable Gregory A. Presnell of the United States District Court for the Middle District of Florida entered Final Judgments against Stephen W. Carnes, Lawrence A. Powalisz, and their companies K&L International Enterprises, Inc., Signature Leisure, Inc., and Signature Worldwide Advisors, LLC. The Commission's complaint alleged that the defendants engaged in a scheme to evade the registration provisions of the federal securities laws by selling billions of shares of stock issued by microcap companies to the investing public without adhering to the registration requirements of Section 5 of the Securities Act of 1933. The defendants consented to entry of the Final Judgments without admitting or denying the allegations in the complaint.
The Final Judgments permanently enjoin the defendants from violating Sections 5(a) and (c) of the Securities Act, bar them for three years from participating in an offering of penny stock under Section 20(g) of the Securities Act, and require them to pay in installments within one year disgorgement, prejudgment interest, and civil penalties. Carnes agreed to pay disgorgement of $818,261, plus prejudgment interest, of which $716,904 is payable jointly and severally with Worldwide Advisors, and a civil penalty of $100,000. Worldwide Advisors agreed to pay disgorgement of $716,904, plus prejudgment interest, jointly and severally with Carnes, plus a civil penalty of $50,000. Signature Leisure agreed to pay disgorgement of $900,162, plus prejudgment interest, and a civil penalty of $50,000. Powalisz agreed to pay disgorgement of $3,748,563, plus prejudgment interest, jointly and severally with K&L International, and a civil penalty of $150,000. K&L International agreed to pay disgorgement of $6,242,049, plus prejudgment interest, of which $3,748,563 is payable jointly and severally with Powalisz, and a civil penalty of $150,000.
The Commission's case against the two remaining defendants, Jared E. Hochstedler, and his company, Enzyme Environmental Solutions, Inc., is still pending.
For additional information, see Litigation Release Nos. 21231 (September 30, 2009) and 21224 (September 28, 2009)
http://www.sec.gov/litigation/litreleases/2010/lr21632.htm
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Florida Profit Corporation
K&L INTERNATIONAL ENTERPRISES, INC.
State FL
Status ACTIVE
Registered Agent Name & Address
POWALISZ, LARRY A
1375 STATE RD 436
1005 CASSELBERRY FL 32707
Officer/Director Detail
Title P
POWALISZ, LARRY A
1375 STATE ROAD 436 #1005
CASSELBERRY FL 32707
http://tinyurl.com/3af89th
Florida Profit Corporation
WISCONSIN INVESTMENTS LLC
Date Filed 06/01/2009
State FL
Status ACTIVE
Principal Address
1375 STATE ROAD 436
CASSELBERRY FL 32707
Registered Agent Name & Address
POWALISZ, MARK R
1375 STATE ROAD 436
CASSELBERRY FL 32707 US
Manager/Member Detail
Title MGRM
POWALISZ, MARK R
1375 STATE ROAD 436
CASSELBERRY FL 32707
http://tinyurl.com/33oyf67
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Syndication, Inc.
Initial Company Information and Disclosure Statement
Company Information as of December 31, 2009
Item XIV Beneficial Owners
K&L International
6418 S. Howell Avenue
Oak Creek, WI 53154
Number of Shares-150,000,000
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=21493
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State of Wisconsin
Department of Financial Institutions Corporate Records
KEVCO, INC.
Entity ID K023727
Registered Effective Date 11/12/1990
Status Date 10/25/2006
Entity Type Domestic Close Corporation
Registered Agent
KEVIN A POWALISZ
6418 SOUTH HOWELL AVE
OAK CREEK, WI 53154
Principal Office
6418 SOUTH HOWELL AVE
OAK CREEK, WI 53154
https://www.wdfi.org/apps/CorpSearch/Details.aspx?entityID=K023727&hash=1233771592&searchFunctionID=25a00aa3-2556-475b-aa7c-0b92171097d4&type=Simple&q=Kevco+Inc.
KEVCO INDUSTRIAL, LLC
Entity ID K039286
Registered Effective Date 07/31/2009
Status Date 07/31/2009
Registered Agent
KEVIN A. POWALISZ
6418 SOUTH HOWELL
OAK CREEK, WI 53154
https://www.wdfi.org/apps/CorpSearch/Details.aspx?entityID=K039286&hash=460062100&searchFunctionID=d76faad3-351b-44d4-b747-03448b5c404d&type=Simple&q=Kevco+Inc.
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Florida companies face SEC probe
South Florida Business Journal - by Paul Brinkmann
Date: Friday, September 25, 2009
The Securities and Exchange Commission is cracking down on a network of businesses that allegedly reaped about $7 million from illegal, unregistered stock sales.
In a complaint filed Thursday in federal court in Orlando, the SEC names three businessmen and three companies that operated in Florida and Indiana that allegedly sold unregistered stocks in what is called a wraparound agreement.
The defendants allegedly bought debt owed to officers at three other companies, converted the debt to stock ownership in those companies, and sold it at large profits in the form of unregistered securities.
One of the issuer companies, which are not named as defendants, is Weston-based Cross Atlantic Commodities
According to the suit, K&L International Enterprises, a Florida corporation based in Casselberry, northeast of downtown Orlando, paid Cross Atlantic about $226,704 and received 1.4 billion shares of its stock. Within six weeks, K&L resold those shares.
The suit also alleges that Signature Worldwide, a Minnesota company with a mailing address in Casselberry, paid Cross Atlantic about $31,210, and received 74 million shares of its stock.
Combined, the sales of shares equaled about 37 percent of Cross Atlantic’s publicly available shares.
Read more: Florida companies face SEC probe | South Florida Business Journal
http://www.bizjournals.com/southflorida/stories/2009/09/21/daily69.html?t=printable
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UNITED STATES DISTRICT COURT
FOR THE MIDDLE DISTRICT OF FLORIDA
UNITED STATES SECURITIES AND EXCHANGE COMMISSION,
Plaintiff,
v.
K&L INTERNATIONAL ENTERPRISES, INC.,
SIGNATURE LEISURE, INC., SIGNATURE
WORLDWIDE ADVISORS, LLC, STEPHEN W.
CARNES, LAWRENCE A. POW ALISZ,
ENZYME ENVIRONMENTAL SOLUTIONS,
INC. and JARED E. HOCHSTEDLER,
Defendants.
Plaintiff United States Securities and Exchange Commission alleges as follows:
1. Defendants Stephen Carnes and Lawrence Powalisz, in collaboration with the other defendants, are selling billions of shares of stock in "microcap" companies to the investing public without adhering to the registration requirements of Section 5 of the Securities Act of 1933 ("Securities Act"). (Carnes, Powalisz and their companies, Signature Leisure, Inc., Signature Worldwide, Inc. and K&L International Enterprises, Inc., are collectively referred to in this complaint as the "Stock Distributor Defendants.")
2. The microcap companies include Defendant Enzyme Environmental Solutions, Inc., Revenge Designs, Inc., Cross Atlantic Commodities, Inc. and International Power Group, Ltd. (the "Issuer Companies"). The Issuer Companies each have stock listed on the "Pink Sheets" or the "Over-the-Counter" Bulletin Board. Each is controlled primarily by one person, with limited operational histories and minimal revenue.
3. The scheme involves a series of transactions between the Stock Distributor Defendants and the Issuer Companies with the same essential characteristics: First, the Stock Distributor Defendant either purports to lend money to an Issuer Company or the Issuer Company identifies a "debt" owed to its officer that it assigns to the Stock Distributor Defendant. Second, the Stock Distributor Defendant pays the Issuer Company or an affiliate of the company. Third, to reduce or eliminate the loan or the assigned debt, the Issuer Company issues shares of its stock to the Stock Distributor Defendant. Fourth, the Stock Distributor Defendant immediately dumps the shares into the public market. For all of the transactions described in this complaint, the Stock Distributor Defendant sold the Issuer Company's stock into the public market less than six months after it received such stock.
4. This scheme has proven extraordinarily lucrative for the Stock Distributor Defendants. In approximately two years, they have generated more than $7 million in illegal profits. Their stock distributions do not, however, adhere to the registration and public disclosure requirements of the federal securities laws. Because no registration statements were filed in conjunction with the issuance and resale of Issuer Company stock, prospective investors never received important information to which they were legally entitled before deciding whether to purchase an Issuer Company's stock - such as the company's audited financial statements, information about the management's business history, the dilution impact a distribution would have on existing shareholders, and a description of principal risks that could arise and affect the value of the company's shares.
5. The Commission brings this lawsuit to put an immediate halt to defendants' ongoing violations of the Securities Act, to prevent further harm to investors, and to seek disgorgement and civil penalties from defendants stemming from their violations of the federal securities laws.
DEFENDANTS
8. Stephen W. Carnes, age 45, is a resident of Apopka, Florida. He is the president, principal executive officer and principal accounting officer of Signature Leisure and the managing member of Signature Worldwide.
9. Signature Leisure, Inc. is a Colorado corporation with its principal place of business in Casselberry, Florida.
10. Signature Worldwide Advisors, LLC is a Minnesota limited liability company with a business address in Champlin, Minnesota and a mailing address in Casselberry, Florida.
11. Lawrence A. Powalisz, age 45, is a resident of Winter Park, Florida. Powalisz is the sole officer of K&L.
12. K&L International Enterprises, Inc. is a Florida corporation located in Casselberry, Florida. The company purports to be a direct marketing business primarily focusing on telemarketing services.
http://assets.bizjournals.com/cms_media/southflorida/pdf/K&L%20complaint.pdf
Interesting...
FAR NIENTE VENTURE CAPITAL INC SOCIEDAD ANONIMA
CEDULA JURÍDICA: 3-101-599660
NOMBRE O RAZÓN SOCIAL: FAR NIENTE VENTURE CAPITAL INC SOCIEDAD ANONIMA
CITAS DE PRESENTACIÓN: TOMO: 2010 ASIENTO:66694
CITAS DE INSCRIPCIÓN: TOMO: NO HAY FOLIO: NO HAY ASIENTO: NO HAY
ESTADO ACTUAL DE LA ENTIDAD: INSCRITA
Usted se está conectando a una Base de Datos Replicada, los datos están actualizados al 8-Diciembre-2010 a las 15.20.32 horas
http://196.40.22.10/Juridicas/consultaJuridicaNombreParamsIndex.jsp
Ante mí, José Alejandro Martínez Castro, se constituyó la sociedad Far Niente Venture Capital Inc Sociedad Anónima. Domicilio: Escazú. Plazo: 100 años. Capital: Diez mil colones. Presidente con facultades de apoderado generalissimo sin límite de suma. Es todo.—Ocho de marzo de dos mil diez.—Lic. José Alejandro Martínez Castro, Notario.—1 vez.—RP2010160885.—(IN2010021331).
http://historico.gaceta.go.cr/pub/2010/03/18/COMP_18_03_2010.html#_Toc256582159
http://www.gaceta.go.cr/pub/2010/03/18/COMP_18_03_2010.pdf
They file with the OTC Markets, not the SEC
How about sixty peppas
David Janney videos
Hey Cuban - nice day here
I've been lurking a lot more than I used to
Sometimes silence is the best way to deal with idiotic conversations. The repetitive ramblings can be monotonous.
NEWS 11-30-10
SunSi Enters Into Definitive Agreement to Acquire TCS Facility in China
NEW YORK, NY--(Marketwire - November 30, 2010) - SunSi Energies Inc. (the "Company") (OTCBB: SSIE) today announced that it had executed a definitive agreement to purchase a trichlorosilane ("TCS") facility, Wendeng He Xie Silicon Co. Ltd. ("Wendeng "), located in Weihai City, China. TCS is a chemical compound used in 90% of all solar cells and modules worldwide. The state-of-the-art Wendeng facility which was built in 2008, currently has a capacity of 20,000 metric tons ("MT") of TCS.
Under the terms of this agreement, SunSi will acquire a 60% equity interest in Wendeng; and subsequent to consummation of the acquisition, expects to increase Wendeng's capacity to a total of 60,000MT by 2011. The existing shareholders of Wendeng will contribute to this planned expansion on a pro-rata basis to maintain its equity interest of 40%. Additionally, the current executive management team of Wendeng will provide its technical expertise for the construction, training and operation of the facility and its expansion. All of the management and employees will stay in place.
Wendeng is recognized in China for the quality of its TCS, and its efficiency. Wendeng's current customer base includes the largest polysilicon producers in China. Legal and financial due diligence, which has been underway since mid-September when SunSi entered into a Letter of Intent to acquire Wendeng facility, is progressing well.
Richard St-Julien, President of SunSi Energies Hong Kong Limited, said, "We are excited about the prospects of acquiring Wendeng and expanding its capacity. All the key factors are in place. Wendeng has an excellent management team, strong TCS product demand, a scalable facility, is strategically located and produces high quality TCS. We believe we have the opportunity to make SunSi the largest single site TCS producer in China that will generate significant profitability that will flow through the US public company."
About SunSi Energies Inc. ("SunSi")
SunSi's goal is to acquire and develop a portfolio of high quality trichlorosilane producing facilities that are strategically located, and possess a potential for future growth and expansion. Through its wholly owned subsidiary, SunSi Energies Hong Kong Ltd., SunSi has executed a definitive Distribution Agreement with Baokai that entitles SunSi to distribute and sell both within and outside China all of the TCS produced at the Zibo Baoyun Chemical Plant.
Relatively unknown, but essential to the solar industry TCS is a chemical primarily used in the production of polysilicon, which is an essential raw material in the production of solar cells for photovoltaic (PV) panels that convert sunlight to electricity for homes, businesses and farms. TCS is considered to be the first product in the solar PV value chain before polysilicon, and is also the principal source of ultrapure silicon in the semiconductor industry. It is believed that SunSi will become the first and only "pure play" public company in the world focusing exclusively on the production and sales of TCS.
SunSi Energies Inc. is traded on the NASDAQ OTC Bulletin Board under the ticker SSIE. For additional information, please visit the Company's website: www.sunsienergies.com.
Acorn Management Partners is a leading independent investor relations firm, specializing in shareholder relationships while offering a full range of advisory and operational support to domestic and international companies. Our team of experts is dedicated to building relationships for our corporate clients in the global capital markets giving management the freedom to focus on their strengths and core activities. A.M.P. has offices in Atlanta, Georgia and London, UK.
Forward-looking Statements:
This news release contains forward-looking statements related to the future financial condition and results of SunSi's operations. These statements are based on current expectations and estimates about the trichlorosilane markets and industry in which SunSi operates, management's beliefs and assumptions regarding these markets, future growth prospects, the closing of the Baokai acquisition, the commencement of generating revenues in 2010, completion of the He Xie acquisition and attaining an AMEX listing. These statements are subject to important risks and uncertainties, which are difficult to predict, and assumptions which may prove to be inaccurate. Some of the factors that could cause results or events to differ materially from current expectations include, but are not limited to: general economic conditions, market or business conditions; changing competitive environment; changing regulatory conditions or requirements; changing technology; raising sufficient capital and attaining the required number of shareholders to meet AMEX listing requirements, the price of TCS sold within China and outside of China, the level of production by the ZBC factory, and success in implementing productivity initiatives. Some of these factors are largely beyond the control of SunSi. Should any factor impact SunSi in an unexpected manner, or should assumptions underlying the forward-looking statements prove incorrect, the actual results or events may differ materially from the results or events predicted. All of the forward-looking statements made in this document are qualified by these cautionary statements, therefore, there can be no assurance that the results or developments anticipated by SunSi will be realized or, even if substantially realized, that they will have the expected consequences for SunSi. Readers should not place undue reliance on any forward-looking statements. Furthermore, SunSi disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or any other occurrence.
Contact - Investor Relations:
Acorn Management Partners, LLC
John R. Exley, III
Direct 678-368-4002
http://www.marketwire.com/press-release/SunSi-Enters-Into-Definitive-Agreement-to-Acquire-TCS-Facility-in-China-1361093.htm
Some of these might help
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=lMz7VuuHS%252bsGjq0onyhZuw%253d%253d&nt7=0
https://app.sos.ky.gov/ftshow/(S(kuzhg2f42nzpar55hsjfzjfx))/default.aspx?path=ftsearch&id=0593255&ct=06&cs=99999
https://app.sos.ky.gov/ftshow/(S(hd4rxxmzctxlwd4510mo5e45))/default.aspx?path=ftsearch&id=0593255&ct=06&cs=99999
http://appext9.dos.state.ny.us/corp_public/CORPSEARCH.ENTITY_INFORMATION?p_nameid=124653&p_corpid=102240&p_entity_name=%4B%68%68%20%43%6F%72%70%6F%72%61%74%69%6F%6E&p_name_type=%41&p_search_type=%42%45%47%49%4E%53&p_srch_results_page=0
Why such a fuss?
Most Mods inject some level personal sentiment somewhere on the boards. It's either in the Stickies, or the Intro Message.
The gold is still in the ground and that's where it's going to stay.
OTC Market hours
Pink OTC’s quotation and trading systems are available weekdays from 6:00 AM to 5:00 PM. The majority of quoting and trading occurs between the open market hours of 9:30 AM to 4:00 PM (Eastern); however, market participants are free to quote and trade at any time as long as they comply with current regulations (e.g., FINRA Best Execution).
http://www.otcmarkets.com/learn/otc101-faq
Company symbol change
Universal Ice Blast, Inc.
http://investorshub.advfn.com/boards/board.aspx?board_id=458
http://www.otcmarkets.com/stock/UIBT/chart
bids stacking...
I think it will be sooner than that
You are correct.
People are buying them back at these levels.
The highs and lows for the last couple of months have been .00013/.00019
I wish someone with Zecco would tell us more about five decimal trades
I think the time to report changed to 30 seconds
It's been floating around for years:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49465673
When and How Transactions are reported
1. Trade Reporting Facility Participants shall, within 90 seconds after execution, transmit to the NASD/ Nasdaq Trade Reporting Facility or if the NASD/Nasdaq Trade Reporting Facility is unavailable due to system or transmission failure, by telephone to the Operations Department, last sale reports of transactions in designated securities executed during normal market hours. Transactions not reported within 90 seconds after execution shall be designated as late.
2. Transaction Reporting to the NASD/Nasdaq Trade Reporting Facility Outside Normal Market Hours
a. Last sale reports of transactions in designated securities executed between 8:00 a.m. and 9:30 a.m. Eastern Time shall be reported within 90 seconds after execution and shall be designated as ‘‘T’’ trades with the unique trade report modifier, as specified by NASD, to denote their execution outside normal market hours. Such “Form T” transactions not reported before 9:30 a.m. shall be reported after 4:00 p.m. and before 8:00 p.m. as “T” trades with the appropriate trade report modifier as specified by NASD. Transactions not reported within 90 seconds also shall be designated as “T” trades.
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Pink Sheets and “Form T” Trades
Since OTC does not accept pre-market or after-hours trades, an OTC transaction marked as a "T" trade indicates the transaction did meet the NASD 90-second posting rule per above. If the "T" trade appears at the beginning of the day, it indicates the trade was not posted at Pink Sheets before 5:00 PM on the preceding day.
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There are several types of "late" reports:
1. Those with a time stamp within a minute and a half after closing are just normal 90-second delays. In this case, the market maker may have conducted a trade within seconds of closing and delayed reporting it until just after the bell. This delay, which is permitted, is frequently misinterpreted as manipulation.
2. Then there are trades later than 90 seconds after closing. These trades fall into two categories and typically involve larger size lots.
a. The first category is sometimes used by financial institutions that are non-market makers to report larger transactions that actually occurred during market hours. However, since these institutions do not have access to ACT (Automated Confirmation Transaction Service), they use "Form T" to report. These ”Off Market” trades are typically used by larger investors to trade larger lots at pre-arranged prices without risk of driving the price upward or downward.
b. The second category involves so called “ex-clearing” lots. Certain transactions may clear and settle outside of the regular clearing system ("ex-clearing" transactions), where two dealers make an arrangement to settle trades between themselves and outside the clearing system.
I just looked at them all
This is my fav
http://investorshub.advfn.com/boards/ProfileA.aspx?user=182005
Annual Report, year ended 31 July 2010
http://www.smiths.com/ar10
It's already done
Completed Stretches on NH4 (Mumbai-Chennai)
Status: 30th September 2010
S.NO: 14
Stretch: Hubli - Haveri
NH: 4
Length(Km): 64.5
Total Project Cost: 260.93
Funded By: NHAI
Contractor & Nationality: Afcon Infrastructure Ltd. - Apil (JV) Indian
http://www.nhai.org/completednh4.asp
After I found out they were a sub to Som Daat previously, and they're not listed as primary anywhere, I now assume they are sub on all projects.
How can they say that the Haveri-Hubli project is almost done?
AFCONS Infrastructure Limited
Transportation - Highway Construction
4 Laning of Haveri to Hubli
RoadClient: National Highway Authority
Consultant: Roughton International Consulting Engineers Group JV
Year of Completion: 2008
Location: Karnataka, India
Project Brief
Contract for four laning of Haveri to Hubli section Km 340.00 to Km 404.00 of NH 4 in the State of Karnataka was awarded to AFCONS the project was completed by AFCONS to the satisfaction of clients
Length of Road - 64 Km.
Length of Service Road - 81 Km.
Grade Seperators - 2 Nos.
Major Bridge - 1 No.
Flyovers - 2 Nos.
Minor Bridges - 12 Nos.
http://www.afcons.com/Roads/3-hubli.html
It might just be me, but something doesn't add up
From the PR:
The project is 80% complete, and the company expects to be fully complete by the end of the year.
Completed Stretches on NH4 (Mumbai-Chennai)
Status: 30th September 2010
S.NO: 14
Stretch: Hubli - Haveri
NH: 4
Length(Km): 64.5
Total Project Cost: 260.93
Funded By: NHAI
Contractor & Nationality: Afcon Infrastructure Ltd. - Apil (JV) Indian
http://www.nhai.org/completednh4.asp
Chainage Chart of Corridor Mumbai-Chennai on NH 4,7 and 46
Status : 30th September 2010
S.NO: 14
Stretch: Hubli - Haveri km 404 - km 340
State: Karnataka
Funded by: NHAI
NH: 4
Length: 64.5
Present Status: 4 LANED
Total Project Cost: 260.93
Contractor & Nationality: Afcon Infrastructure Ltd. - Apil (JV) Indian
http://www.nhai.org/nh4.asp
http://www.nhai.org/completednh4.asp
AFCONS Infrastructure Limited
Transportation - Highway Construction
4 Laning of Haveri to Hubli
RoadClient: National Highway Authority
Consultant: Roughton International Consulting Engineers Group JV
Year of Completion: 2008
Location: Karnataka, India
Project Brief
Contract for four laning of Haveri to Hubli section Km 340.00 to Km 404.00 of NH 4 in the State of Karnataka was awarded to AFCONS the project was completed by AFCONS to the satisfaction of clients
Length of Road - 64 Km.
Length of Service Road - 81 Km.
Grade Seperators - 2 Nos.
Major Bridge - 1 No.
Flyovers - 2 Nos.
Minor Bridges - 12 Nos.
http://www.afcons.com/Roads/3-hubli.html