Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
NO WHERE does it say 135k debt for price of shell was paid off. I believe he stated "mostly paid off" in the PR. Of course that "mostly" could have been 60% which is "well over half" isn't it? Show me anything that states the $135k is GONE and there isn't an additional $250k cd attached now. It was PR'd by SEVA that there is one here, so you tell me... Why didn't "MAURY - the man of his word" share that info?
Don't you mean "OVER 190 MILLION SHARES DUMPED" in only 5 days?
Message in reply to:
LMAO! Two grand in dollar volume is not strong buying, no matter how you try to spin it. Why did you change your tune here?
I'd say it's because he couldn't get the SEC to turn off their porn so they could do their jobs and the only way to get his money back is for others to lose a lot more :)
Message in reply to:
Get out of here with that nonsense. They did a recent press release on NO PLANS TO REVERSE SPLIT in 2011 and NO Significant Dilution. Its alot more then you will get from most other triple zero sub penny stocks. You are reading way to far into it. They will not Reverse Split in 2011 and No major dilution because they want to run this up in pps and create some shareholder value.
They also stated they didn't see any SIGNIFICANT DILUTION, yet raised the OS by 25% Plans can change, something wasn't "FORSEEN" prior to happening! It IS a penny stock you know (well, very very sub penny)
Reduction of debt?? So they paid off SOME OF Tom's 135k price for the shell in shares, but they ALSO took on another $250k cd (according to Tom's press release in HIS shell).
So how did they reduce any debt?
And the "SHARE REDUCTION" was supposed to leave 1.3 BILLION shares, not almost 2 BILLION... What happened there?
And TOM by Maury's own PR is only an "ADVISOR" here, but he is still here.
News says didn't plan for a reverse split in 2011, not that there wouldn't be a reverse split in 2011!
But... News also said they were cancelling 1.8 billion shares to leave 1.3 billion OS, when in fact they were dumping that whole time. Also, they stated they didn't see any significant dilution, not sure about you but when you just about DOUBLE the OS that is pretty significant!
good entry? I'd say about 2-3 weeks after the next reverse split when you can pick up some .0005-.0007's, you might get a slight pop then!
And as far as dilution?
$0.0002 75,000 OTO 10:51:09
$0.0001 1,000,000 OTO 10:36:16
$0.0001 9,000,000 OTO 10:36:16
$0.0002 50,000 OTO 09:30:08
$0.0002 100,000 OTO 09:30:07
225k today bought at the ask
10,000,000 in large blocks sold at .0001 (I doubt retail that bought much higher would be dumping at .0001, don't you?) Company DUMPAGE
GO look at the past HCKI filings while Hacketts stores was in bk
They showed HCKI had $23 million in debt. ONLY $9 million of that was poofed away with a pen stroke!
I've been following this alot longer than someone that just jumped in with shares seeing "news"
The bk trustee is "LIQUIDATING" Hacketts to pay off Hackett Stores creditors. This has absolutely NOTHING to do with HCKI as there will be nothing left after creditors only get partial payment
The 1.81 BILLION that was cancelled (the OS was over 3 billion at the time and supposed to bring the OS to 1.3 billion) although they were diluting after the announcement of share cancellation. Call the TA before spouting off about what you don't know. Or even read back when pennystock dude was "calling the SEC" because they diluted into it...
Message in reply to:
Your posts makes no sense. It says once the hardware store entity is sold, 9M of the debt will be gone. So where is this 13M you talk about. Also 1.81B shares were cancelled out of the O/S leaving just under 1B shares.
The hardware entity isn't being "sold". It was forced to liquidate by the bk trustee/judge. That entity didn't hold the majority of debt here, it was the shell.
HCKI had over $23 mil in liabilities... Yes, they "poofed" off $9 million of it, but where did the rest go? - I'd bet it's still with the shell.
And in your second part of comment about cancelling 1.81 billion shares? Yes, they may have cancelled 1.8 billion but they were also diluting into that news! This has already been verified with the TA that the OS isn't at 1.3 billion, but over 2 billion now (after the share cancellation). Pretty easy isn't it, announce cancellation of shares while diluting to create a few buyers for the new crap they're dumping!
Ask the CEO... :D No competition for sales at the bid!
If this were a SCAM like you call it we'd already have been reversed out of our shares & you'd see PR's every day for them to sell to new suckers.
The Company doesn't seem like a scam to me, just one that's being ran in a half assed manner and possibly even has the CEO throwing in the towel. But the plus to this shell is, they aren't selling shares faster than people can buy (the drop is due to lack of shareholder interest rather than company dumping) so it will benefit us if they ever sell this shell to someone else and the OS/AS isn't too high for a pinkie! I could see an easy run to .02+ if there were interest, especially if a reverse merger was announced. Give a little time and one of these pump groups will run this thing up to .03+ and you'll be a very happy camper.
Big volume and making a turn back up!
Bought in this am at 1.71 - let's hope it keeps going!
Who would need an ask when they dump everything at the bid?
Ummm, it didn't CLIMB to $2! It did a reverse split on a 2500:1 basis
Meaning... Had you spent $1,000 on shares 6 months ago (50,000 shares) at .02, you'd now have 20 shares @ $2.00/each so a whopping $400 left out of that $1,000! Your parents saved you alot of your money bud
Holding is what kept us from just losing 25% rather than 100%
Good luck to you!
Oh, this is really a trip... Maybe the GOVT should go after some of the PENNY STOCK CROOKS who steal alot more of our money than we "VOLUNTARILY" play with online!
http://www.cnbc.com/id/42612350
Internet gambling sites owners charged with fraud
Published: Saturday, 16 Apr 2011 | 2:24 AM ET Text Size
Twitter LinkedInMore Share
NEW YORK - The owners of three of the largest Internet poker companies operating in the United States were accused on Friday of tricking regulators and banks into processing billions of dollars of illegal Internet gambling proceeds.
Eleven people, including the owners of Full Tilt Poker, Absolute Poker and PokerStars, were charged with violating U.S. anti-Internet gambling laws, according to charges filed by federal prosecutors in Manhattan.
Prosecutors also filed civil money laundering charges seeking to recover at least $3 billion from the companies, which are all based overseas, court documents said.
The Internet domain names of the companies were also seized. Representatives for the companies could not immediately be reached to comment on the charges.
Two of the men were arrested on Friday, one is expected to turn himself in to law enforcement and eight others are not currently in the United States, prosecutors said.
Raymond Bitar, 39, of Full Tilt Poker and Isai Scheinberg, 64, of PokerStars were charged with violating the Unlawful Internet Gambling Enforcement Act and other laws. Absolute Poker owners Brent Beckley, 31, and Scott Tom, 31, faced similar charges.
The criminal charges outlined a scheme by the company owners and some of their employees to direct the gambling profits to online shell companies that would appear legitimate to banks processing payments.
The charges are part of a crackdown on Internet gambling in the United States, where it has been illegal since 2006.
In March, Wynn Resorts Ltd said it had entered into a partnership with PokerStars, and that they would work for passage of U.S. legislation on Internet poker.
U.S. lawmakers have in the past tried to pass legislation legalizing Internet gambling in the hope of reaping billions in tax revenue.
What news are you looking for ?
The fact that most shareholders in the ex-ceo's shells have lost all their investment
The fact that the ex-ceo is an advisor here
The fact that current ceo has a single pizza joint renting part of a bakery from the ex-ceo
The fact that they PR'd a 1.8 billion share cancellation to bring OS to 1.39 billion while diluting nearly a billion shares into it
The fact that they PR'd "no substantial dilution" while diluting the hell out of it
The fact they stated $135k was paid for the shell, now we find another $250k CD was thrown in from the parent co
The fact that not a single person here knows what debt this shell holds
Please tell me which fact you want news about? Oh, the one where they are opening pizza stores next to every papa johns? LOL
Oh, well maybe, just maybe they can get their liquor license and promote they are selling Sacketts Harbor Brewing Co's WAR OF 1812 BEER ?
I think HCKI and those related are nothing but losses in your portfolio! You may be lucky enough to get a small pop, but definately seems they don't care for this to breathe so doubt they would quit diluting it.
Not to mention the fact that the purchase price was $135k and NOTHING was stated that it would be in shares, then we find out there is ANOTHER $250k CD attached here. How many CD's were here prior to that? They lied to everyone in the PR about share reduction, plain and simple. Of course they aren't lying about what else they said "Didn't plan to reverse split" and "do not forsee dilution" (that was what, almost a billion shares ago?)
It's a diluted POS PIG that's nothing but a piggy bank for the ex-CEO
Get over it, move on... The SEC won't do anything, too busy watching PORN and might have to actually do their job to go after crooks
So what's everyone going to do with all the money they make from the spinoff shares of SEVA & HBWO ?? LOL
HOLY CRAP... This thing is falling fast. Guess someone really is ready to unload some shares!
I see they were dying holding off the dumpage in SEVA until HCKI was able to dilute everyone to death. Now that there are no more SEVA shares being given out they opened up the dilution machine
Eh, but according to the filing converting to pinkies there were only what, 83 shareholders of record?? (BS - WE ALL KNOW IT)
So do you, like me, think that $250k CD just PR'd by Seaway is owed by HCKI to Tommy Boy's wife?
I'd bet it's payable at 25% of the 10 day average too, just think, $250k turns into an easy million there
I'd definately like to see someone in stripes...
You'd think the SEC would wise up to what these penny stock operators are doing and create some kind of bk like rules for stock. Such as only 1 raise of A/S or 1 R/S up to 100:1 per every 7 years. That would take 99% of these scams out. Everything should have a MAX A/S of 2.5 BILLION up to 150 mil/year in verifiable revenue
Eh, probably just part of Tom's "BONUS" for a job well done! Another 2.8 billion shares and it'll be ready for a reverse split
Key Points in your comment!
1. saying of something false and damaging: the act or offense of saying something false or malicious that damages somebody's reputation
2. false and damaging statement: a false and malicious statement that damages somebody's reputation
3. utter slander against somebody: to make a false and malicious oral statement about somebody
I do not believe that's been done here.. No one has said that Tom Scozzafava robbed his grandmother or something, just that the only ones that have benefitted here were Tom, Family, Friends, and the CD holders (although not so sure about them anymore either)! To say that some people here had 10k invested in Tom Scozzafava's stocks and now do not have enough money to buy a $1 lottery ticket would be 100% TRUE
Well there is a lot more bad associated with this company than good, go back to SEVA and read back about 4 years while the CEO was stating dilutions should subside soon right after signing 9 cd's to pay off real bank loans!
You are looking for profit, you might be better off just getting out with what you have left!
There is no basher which is causing you to lose your investment, it's called the company which is losing it.
And the reason people don't "GIVE COMMON COURTESY" as you say about letting others just pump the stock? How about those guys that would buy into the pump jobs thinking they were going to the moon and losing all their money?
The "bashers" here didn't dilute the hell out of this stock, they have no more shares to sell than you do. The only thing "PUMP JOBS" will do for this stock is give the company more of a market to dilute into! And for your information, the so called "BASHERS" you're talking about have been here a lot longer than you've been invested, so apparently the bashing didn't stop people from wasting their money on a lost cause, huh?
http://seekingalpha.com/article/260886-future-biotech-superstars?source=yahoo
Biodel (BIOD): Involved in diabetes and sporting a tiny market cap of $55.77 million, BIOD shows strength in its cash on hand ($22.79 million, or $0.84/share), strong insider holdings (31.59 percent), and strong up volume so far in 2011. With a short interest of 19.2 percent, this stock could be a good short squeeze opportunity if it continues to pick up momentum.
April 1, 2011
Biodel Inc. (Nasdaq: BIOD) announced today the appointment of Dr. Brian J.G. Pereira as board chairman effective immediately. Dr. Pereira has served on the board since November 2007. Dr. Charles A. Sanders, who served as chairman since March 2010 after joining the board in August 2006, will continue to serve as a board member pending his return from medical leave.
Dr. Sanders stated: "The board and I welcome Dr. Pereira as chairman. We are confident his leadership, experience and continued commitment will ensure the future success of our company."
Dr. Pereira stated: "I thank the board for their confidence in me as Biodel makes important steps forward in its development program. I join the board in thanking Dr. Sanders for his guidance and leadership."
About Biodel Inc.
Biodel Inc. is a specialty biopharmaceutical company focused on the development and commercialization of innovative treatments for diabetes that may be safer, more effective and more convenient for patients. We develop our product candidates by applying our proprietary formulation technologies to existing drugs in order to improve their therapeutic profiles. For further information regarding Biodel, please visit the company's website at
Safe-Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements about future activities related to the clinical development plans for the company's drug candidates, including the potential timing, design and outcomes of clinical trials; and the company's ability to develop and commercialize product candidates. Forward-looking statements represent our management's judgment regarding future events. All statements, other than statements of historical facts, including statements regarding our strategy, future operations, future clinical trial results, future financial position, future revenues, projected costs, prospects, plans and objectives of management are forward-looking statements. The words "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "should," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The company's forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual results, performance or achievements to differ materially from those described or implied in the forward-looking statements, including, but not limited to, our ability to respond to the complete response letter regarding our new drug application for Linjeta™ in a timely manner and the possibility that information we provide in response to the letter may not be accepted by the FDA; our ability to secure FDA approval for Linjeta™ and our other product candidates under Section 505(b)(2) of the Federal Food, Drug, and Cosmetic Act; our ability to market, commercialize and achieve market acceptance for product candidates developed using our VIAdel™ technology; the progress or success of our research, development and clinical programs and the initiation and completion of our clinical trials; the possibility that patients taking Linjeta™ may experience more injection site discomfort than they experience with competing products; unexpected data that may result from our clinical trials and our research and development activities; our ability to protect our intellectual property and operate our business without infringing upon the intellectual property rights of others; our estimates of future performance; our ability to enter into collaboration arrangements for the commercialization of our product candidates and the success or failure of those collaborations after consummation, if consummated; the rate and degree of market acceptance and clinical utility of our products; our commercialization, marketing and manufacturing capabilities and strategy; our estimates regarding anticipated operating losses, future revenues, capital requirements and our needs for additional financing; and other factors identified in our most recent annual report on Form 10-Q for the quarter ended December 31, 2010. The company disclaims any obligation to update any forward-looking statements as a result of events occurring after the date of this press release.
BIOD-G
SOURCE Biodel Inc.
I don't know 100% if Maury is a scammer... I think TS just needed to find a way "OUT" of the shell & debt so suckered Maury in to make a few bucks for himself!
TS played the same game with Hacketts Stores. He knew they were failing so brought in a guy to run them (Becker) and file the bk on them to keep Tom's name out of it as much as possible.
Now, the bk trustee took the assets to sell off and Tom needed to get rid of the shell with 13 mil in debt and 0 assets. Knowing Tom didn't have any assets to "put back into" the shell, I'm sure he talked with Maury (who was probably already renting space out of the bakery) and said "You know, I have a way for you to make some money to expand"... Maury is very possibly just a fool with no knowledge while Tom is getting the buckshot pointed at someone else all while making his $$$ off it getting out (note how quick he was to get his $150k or whatever).
Message in reply to:
HCKI did a PR that said NO Reverse Split in 2011. Unlike another stock you've been following. LOL
CORRECTION - HE stated they did NOT PLAN TO reverse split in 2011 but of course we all know plans can change since no one buying into the dilution! Tom Scozzafava (his mentor) also stated that "Dilution should subside shortly" in SEVA and that was how many reverse splits ago? Just before he made that comment he signed 9 convertible debentures knowing the dilution train was a coming...
Well, apparently the company was not able to obtain financing or whatever... That means they aren't going to dilute us. We just need a reason for the lack of productivity and/or them selling the shell to get this going! No use in selling here
You're continuously asking everyone else to call.. Does your phone not work?
They didn't say "NO REVERSE SPLIT" they said "They did not plan to reverse split"
Now... they gotta do something and I doubt selling Pizza's the guy's gonna have thousands to do stock buybacks so, will leave it to your imagination
You probably "cut and run" as you say it at a much higher level. So now you're only down 50% compared to some at 90%+
The "negativity" from some of those here are those that lost 99.999% of their investment in Tom's other stock scams and didn't want people such as yourself to lose your 99.999% as well.
I had $4k invested in SEVA when it was an OTCBB REPORTING COMPANY - now I have nothing in a pink sheet POS. Many many others lost a lot more than I did. It sure doesn't seem like Tom Scozzafava has a conscience as all he was worried about was getting out of there with his, costing thousands of others their money! The BS PR's about cancelling shares of a "subsidiary" of the shell with the same name of the shell was ONLY to get buyers to buy his crap. I believe this stock is the same way. Pizza joint? No ties to Scozzafava, yet he then says Tom is an "advisor" and an "officer"? They're here to get theirs is all it is. This guy isn't going to be able to use a shell already in debt for $13 million plus at a stock price of .0001/.0002 to raise money. I'm sure those shares Tom got were at a 50% discount to pps as well, so that $135k probably turned into $270k which he probably shared with Pizza Boy.
And you might think that 50% is all you can lose because it can't go any lower than .0001 right? WRONG. They reverse split this stock it can drop down 80% in value from your 50% loss right now before you even get shares into your account. It's happened to most of us before, dilution out the rear while we were still waiting on shares to sell to salvage at least something.
Not nice to laugh about someone that just had their money scammed