is dough makin!!!
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Yes, I agree Captain, should MONA take giant steps in the next 30 days (and it will by the looks of it), we'll be trading wayy above 2 digit penny range but a DOLLAR one! Don't forget divvies 12-18c. I'll PM you b4 I hit sell button, but that's not gonna happen in Sept. GLTY
So I guess these guys aren't kidding, someone has been served. There is a lawsuit and looks it's serious.
WOW!! NEW FILINGS ON MONA!!!
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=17005
Yes, but for which merger? Is it Agrico, TPH, that PLC bank? For now we don't have any reliable information, probably will read about it in the next PR. Besides Agrico is not barely profitable, it is the company of similar size/revenues as GLCC is. In that case why would GLCC be paying cash/stock to vend in Agrico. According to your words it is Agrico that should raise capital to merge. IMO
I think prior to that PR we will see a projected PPS in the range of 2-5c.
I'm not condoning the history nor I'm conforming to 'dilution' where no O/S increased occurred.
Your right I was first thinking of July LOL, then I got back to June and posted that pinksheets chart accordingly.
Here you go:
So if you compare the selected region, I hope you'll assent there's nothing 'significant' to worry about. IMO
Look at the chart, in 2nd half of June it was waaayyy below current price, and as of today's PPS (although it recorded a minor drop) it has nothing to do with A/S increase nor 'dilution'.
The PPS now is even higher than that as of 18 June. Still no increase in O/S though. I think your reactions are premature and unnecessary.
LOL Outstanding shares 27,062,377,817, now that's writing on the wall: DILUTION!
NEW YORK, NY--(MARKET WIRE)--Aug 26, 2008 -- Fortress Financial Group, Inc. (Other OTC:FFGO.PK - News) confirms that the Company's total number of outstanding shares of Common Stock are in the amount of 27,922,377,817; as confirmed in a number of Form 8-K filings in respect of the Company's substantial repurchases of its shares of Common Stock, that being coupled with the cancellation of certain shares of the Company's Common Stock issued in respect of "Signing bonuses."
Congrats to that unlucky dude whose 150k just cleared. LOL
I see some MMs sitting at .008 today, if we break .008 we'll most likely bounce in pennies on Monday.
Instead of selling at a bid I would rather buy at a bid and HOLD. Good news for us and a pending merger gonna help this baby ramp up. You're right shortsighted, scary and inexperienced.
Are we heading to a penny land too, isn't it peachy, will be most likely trading pennies on Monday.
Dear my, what's going on with these stocks all my favs ramped up.
Sept 05, 2008 -- Hat Trick Beverages Inc. (PINKSHEETS: HKBV) is pleased to announce that it has received an initial proposal to merge with a privately held Italian manufacturer of specialty beverage vending equipment. The proposal is to acquire a majority position in Hat Trick for a combination of cash and stock.
The buyer is a well-established supplier in the European market, and a PRE IPO company (Frankfurt Exchange) flush with cash, with assets of approximately $7 to $10 million Euros, and a track record established over 15 plus years of operation. Their capitalization in Frankfurt is expected to be in the $100 million Euro range, once trading begins. They have had some very significant success in Europe, but have not yet approached the North American market.
Hat Trick CEO, Sender Vaiser, explains, "This is a solid company that was originally introduced to Hat Trick as a possible supplier of equipment for our hot beverages division. Over the last couple of months, we have been in extensive discussions to supply Tango Cafe with their product line. They were very interested in our business plans, and ultimately decided that we offered a superb opportunity to not only access the North American market as a supplier, but as a public company as well. The Italian company also operates a coffee roasting division, a logistics centre, and a white label coffee packaging division of their specialty coffee. The buyer is also in a late stage development phase of their own 'Vitamin Water' Cold Drink division.
Mr Mario Capolini, a spokesperson with the company, said, 'The fact that Hat Trick is already engaged in the cold drink business is of great appeal to us, and it appears to us that there are some great synergies with both companies. Our early revenue projections of the Vitamin Water sales just in USA through Hat Trick's already established network have the potential to add additional $10-$12 million dollars in gross revenues to the combined companies. The distribution of our equipment would be a given throughout North America, through Hat Trick's already existing Tango Cafe infrastructure. The number of current pending deals Hat Trick has going is also of great interest to us.'
While it is premature to name the Manufacturer, the intentions are clear. We will be working with legal counsel, our corporate advisors who presented us with this opportunity, and our financial advisors to pull together a comprehensive plan. In the mean time, we will update our shareholders as appropriate while these discussions progress."
They have A/S increased but you claim writings on the wall DILUTION! NO O/S was increased and this doesn't necessarily mean O/S increased. Sorry but you mistook the notion. The share price is still in pennies.
Hope it's still down on Tuesday, need more shares!
Good luck with your investment ferengi, c'mon this stock has and will yet have good pushes. GO GLCC!!!
Pennyland already on sight! Or at close to this price means 0.012 at least. Lucky darn investors who jumped in mid June
No O/S was increased although A/S was. So for now the only thing that helps price go down is these shareholders/flippers selling scared/flipping. On such occasion such an action supports a fall. NO DILUTION!
If the goal is to accomplish and if that helps PPS climb in the nearest future then let it go. I'm still positive about this thing, however.
4) It's good for mergers and aquisitions if those mergers and aquisitions support enough growth to offset the devaluation that's done via the increase in supply. Have you seen real evidence that these mergers and aquisitions can do that? PR's by salesmen don't cut it.
...THEIR PRESENT PROJECT, IF I RECOLLECT RIGHT, WILL ABOUT DOUBLE THEIR NET WORTH, WHY IS THAT NOT A GOOD THING, SEEMS REAL NICE TO ME !!!!!!!!!!
What was the share price before A/S was increased? It was waayyy below penny with O/S 450 million, right?
Then the price peaked and ramped up, why is it necessary that the price plummet if the company increase A/S? It does not necessarily plummet IMO!
If the buyout occurred and whenever merger occurs, the PPS should be in double digit penny range. No need for concern IMO.
Why don't YOU call him and ask him that? Besides, what conflict are you talking about? Merger with Agrico? Corporate bank PLC?
Talked to IR
the guy confirmed 950 million is increased authorized to have shares available for the merger.
I loaded $5,000 worth stock this morning. All lights green, let's go!
WOW!! Looks like this stock is gonna explode!! Also looks like management were negotiating deals throughout summer (when the price was dropping) and now conducting their due diligence which reflects onto PPS!
You bought his shares LOL! Congratulations! He will be forced to cover. Lucky flippers will be shorting after PR was released.
We will be closing 1c by the end of the day or at least close to that price!
This baby will go up to 2-5c next week by the looks of it! A giant step for MONA!!
Lovely prices on the way!!
Anti dilution agreement and NO R/S!!
Spin off and dividends!!
A stake in Oil company, more mergers!!
More revenues and PPS, NEWS, FILINGS!!
Uplist to OTCBB!!
WE'RE GONNA ROCK YET!!!
Great buying opportunity IMO!!
GO MONA!!!
I was just speaking of the PPS trend when I spotted NEWS!!
at least 50 million buyback should move the stock close to 20c.
Glad I got in at these silly prices!!
We're one step closer to OTCBB!!
GO MONA!!
MonArc (MONA) Anti-Dilution And 50 Million Share Buyback Program
BEIJING, Sept 05, 2008 /PRNewswire-FirstCall via COMTEX/ -- MonArc Corporation, www.monacorporation.com, (Pink Sheets: MONA) the issuer announced today that it has entered an agreement with several of the majority shareholders, that the Company will not seek any sort of additional equity funding or any other sort of financing that would create dilution in the Company's stock.
In addition, the Company plans to conduct a share buyback of no less than 50 million shares either on the open market or directly from the stakeholders, and retire them back to the treasury.
The anti-dilution agreement is actually a lock up agreement. It is valid until the spin-off of existing companies is completed and dividends have been issued to current shareholders in accordance with the previously made announcements. This encompasses the acquisitions of both the direct marketing company, MCD, as well as the acquisition and spin off of the environmental oil services company, Hubei Chuguan Industry Co. Ltd.
MonArc CEO Chan Yong told investors yesterday that; "We have made a series of major announcements and have repositioned the Company and its core business model in a very significant fashion. This agreement is designed to formally address any uncertainty about the equity position of the Company and assure current shareholders of a stable trading environment to avoid speculation regarding any potential dilution.
We are also initiating a share buyback program of no less than 50 million shares and their retirement to the treasury. Shortly we will post our actual certified share count from our transfer agent, Heritage Trust on Pink Sheets showing the current share structure sum and the updated share structure once the buyback is completed. We feel very strongly that the Company is entering a new era and that our shareholders can look forward in confidence to superior performance of the Company's stock."
Mr.Garr Winters, the company's Secretary added, "Our stock target price aim is as close to the post reverse stock split price of 0.20 cents per share or as close as we can get to that goal. We acknowledge that there will be flippers and profit takers along the way and rightfully so, however plans and measures are being implemented as we speak that will see the greatest reward and return returned to our long term followers which is long overdue.
We have made several promises to our followers over the last 24 months that remain unfulfilled. For years, it has always been our corporate philosophy to under-promise and over-deliver. It is our intent to demonstrate this and restore our eroded values once and for all. Our new corporate business model as per the Pink Sheet filings and interview that will soon be aired on various media sources will be posted on our website shortly.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
I know there is NO R/S, I was just p*ss*d!
Can you post that PR here so we can check? That RS occurred long time ago and he was referring to that time. What do you expect another R/S?? Why is it due?? Nice try to plant doubt, sorry.
Good morning (afternoon) people, nice to see MONA trades .07, if this trend continues we'll be trading pennies next week! Let's see if we can make it go, c'mon MONA!!
NEWS:
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=hkbv#getNews
I think it's pretty wise that they issued press release after the market close, they knew it would affect SP and not allowed MMs to manipulate bid/ask. GLTYA
Boy I knew we'd gonna rock!!
+82.3529
VOLUME 77,546,192 ???
What's going on with these stocks, most of my plays are waaayyy ramp up recently.
I don't remember having seen them claim that for each of their stocks. Apart from GLCC (and maybe MONA in some recent news), I'm tied up with all these 'positive' information recently that I may have mistaken that LOL (but I doubt it)
Longs don't have a chance here, right?
Hmm...wouldn't agree just like that...yes this is a pinksheets stock, so you need to be well educated and skillful and know how to play, how to use bumps on the road in your favor. As for the longs I frankly believe that by shifting to OTCBB things can be waaayyy improved.
No trader can simply jump in and expect that his/her money ramp up and all he/she has to do is wait. Learn how to play it, a mere DD is not enough...not even for an exit strategy.
Thank you ferengi, just in this kind of a filing the details of the merger will be disclosed. GLCC+Agrico(symbol??)=the closed deal on ***$$$ and ***shares,