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Transfer Agent:
Colonial Stock Transfer Company, Inc.
66 Exchange Place, Suite 100
Salt Lake City, UT 84111
Phone: (801) 355-5740
Fax: (801) 355-6505
Email: info@colonialstock.com
Keep us posted on what you discover..
Looking good !
mandatory cert exchange
Few days left for CBAY Results
Playing RSHN is all about potential..
IMO, Dont think Abe's personal buy is limited by the 25% vol rule.
Zero Volume today..
NOBO Plays & Possible Scenario
Normal for a stock to gain 20-30% on the day of the initial "we gonna get a NOBO list" PR. Also normal to lose that 20-30% in the next day or two. Especially, when a group of known daytraders are in. Also normal for sentiment to go down after dropping 20-30%.
Also normal to combine NOBO with a PR blitz. Makes sense to try NOBO with buyback, deal with all that mess at the TA at once, and try to assure shareholders they have value in their positions. FGFC maybe holding the closing of the land deal news until the NOBO news was out there intentionally, for how long, who knows, but there maybe good reasoning. More players will watch this when the NOBO results come back, FGFC announces (if there is a) the estimated short, and announces what they intend to do about it. This at the same time the TA is updated with new share numbers, and we know the float is now only X. Remeber the big buy Yesterday? Think they planned to grab a bigger chunk when they knew volume would be up on NOBO momo?
Cant argue the increase in AS, but since if they're all restricted shares, they wont affect the reduced supply of free-trading stocks, post-buyback, in the near-term. And if Abe has all 15 million he PRed by the the end of the month, and the company retires another 40 million off the open makret sinse the last PR which stated they got the first ten? The float will be, what, 72-55=17m? Granted, Abe's could go back in the pool at anytime, and he could have bought jack as far as we know so far. At 17-32m, If everyone posting would hold tightly onto their shares, how much will the shorts have to pay for shares when they get squeezed? I guess we'll know that one in a few weeks.
It is right to be skeptical, and ask alot of questions, but dont expect everything to happen exactly when you want/expect it too. That's not real-life for most of us. This is a pink, and a gamble.
I had no luck bidding .0095 today
Why does it seem this goes down when Ihub people arent buying?
Only 900% or so more to go for some of us to break even on this horrific stock.
Enlightening, Thank You..
I Can only hope it stays cheap that long
Ah... my apologies :)
Preach on brother biscuit!
CBAY Closed +40% on Friday, could be big..
NOBO Fee Schedule:
Broker/Bank Reimbursement: $.065 per name and address
ADP: 1 – 10,000 $.10 per name and address with a $100.00 minimum
10,000 – 100,000 $.05 per name and address
100,000 & up $.04 per name and address
Additional Fees: Magnetic Tape $20.00 per tape
Cheshire Labels $3.00 per thousand
Peel & Stick Labels $15.00 per thousand
Overnight Charge: $20.00 minimum or as incurred
tchauncy & other Pros: What do you think of KING doing a NOBO list request? Seems to be helping other stocks plagued by shorting issues..
Watch CBAY !
CBAY could be the next one to go! Closed +40% Friday..
ANTI AGING MEDICAL GROUP CORP today announced a dividend to be paid to all shareholders who will each receive one ticket to busta-bus in Vegas as a result of the companies new distribution deal. Rita Sung wants to thank her shareholders for their patience by treating them to fresh rhymes and funky beats, Busta-flava.
Peace
Maybe FGFC will try a NOBO ..
Wake up!
News for 'FGFC' - (First Guardian Financial Corporation Addresses Shareholders Concerns Regarding Share Structure)
NEW YORK, Oct 05, 2006 (BUSINESS WIRE) --
First Guardian Financial Corporation (Pinksheets: FGFC), after an emergency meeting of the Board of Directors, responded to shareholders questions and concerns regarding the company's share structure.
The company, as previously announced, is currently executing a buyback of its common shares on the open market, the company expects this to be completed by the end of the month, including the 100 million shares bought back from the previous management, at that point the company will retire/deposit with its transfer agent the acquired shares and will also correct any discrepancy at that point with The Secretary of State of Delaware and its transfer agent.
It has been brought to the attention by many shareholders that the share count per the transfer agent has increased by 30 million shares; this is true as the company has issued restricted shares (in lieu of cash payment for services) these shares are not saleable (free trading) for 2 years and will not impact the company's overall objectives. The company opted to issue restricted shares opposed to hard earned cash.
The company is committed to having the least amount of free trading shares as possible and as the company generates more revenue, it will continue to buy more of its shares back as possible on the open market, as the company's business plan going forward to the OTCBB is to as little shares in the public's hands as possible.
Right on with your posts tonight.
With all the big positions y'all are talkin about, maybe KING should request a NOBO list.
"The NOBO list has disclosed 75,487,085 (Seventy Five Million Four Hundred Eighty Seven Thousand and Eighty Five) shares above the total free trading shares of 30,918,339 of CSHD."
IMHO, Buyback is being done quietly to save money. We may not even see buy back completion until near the end of the year.
1. Company gets their buyback shares cheaper if they dont keeping pumping the stock with buyback (and other) news
2. Company saves administrative cost of retiring shares with the state and the TA if they do it all at once
3. Abe gets to buy his shares cheaper too, benefiting A) Abe B) FGFC C) Long term Shareholders
Next question: Why the buyback?
A smaller float after financials are released means greater value in the leftover shares. In order to move get the company upgraded off the pink sheets, and onto the higher boards, FGFC must prove a certain value for their shares. And just as importantly, since they are in the lending business, the value of FGFC directly relates to how much cash they can access to loan customers. When they can be underwritten as an AAA rated borrower, they will have access to far more capitol, in turn creating more profit.
Let the shares stay cheap a little longer - gives us all a chance to accumulate.
At last count, How much of the float does the board claim to hold?
Today there was a huge wall up at .01. Judging by that, you will probably be way lucky to get shares at that price in the near-near term. I am a long, but feel anything around a penny is safe.
Good post man
H3Enterprises Retires 50+ Million Shares of Common Stock
Friday September 22, 1:21 pm ET
LAS VEGAS, Sept. 22 /PRNewswire-FirstCall/ -- H3Enterprises, Inc. (OTC: HTRE - News) has announced through its team of attorneys, headed by Michael Labertew & Associates, that it has identified at least 50 million shares of common stock that it will be retiring and returning to treasury. The firm's ultimate goal is to retire approximately 70 million to 80 million shares, representing over 40 percent of its currently issued and outstanding shares.
"We continue to make strides to identify shares that were issued in error by the company's prior transfer agent and/or prior management, as well as shares for which full consideration was not delivered to the company as promised," Michael Labertew, legal counsel to H3Enterprises, stated. "In those situations, we are using all legal means necessary to have these shares returned to the company for cancellation, thereby increasing the value of the remaining shares owned by our shareholders."
H3Enterprises is a publicly traded company that markets the positive aspects of hip hop culture through a variety of business models. Based in Las Vegas, Nevada, H3Enterprises is committed to providing economic and educational opportunities for young people, feeding the worldwide demand for everything hip hop and maximizing returns for its shareholders. H3Enterprises is the owner, creator, licensor, and franchiser of HipHopSodaShops, HipHopHeaven, Halls of HipHop, H3Raps, H3WhiteTea, H3Players.com, H3Merchandising, and H3Players' WorldSeries of CyberSports.
KING - 30M Float - development stage Oil and Gas Exploration and Production Company
Engaged Independent Audit Firm - already commenced reviewing all past and current financial information with the intent to bring King into full compliance with SEC reporting requirements as soon as possible to apply for a major stock exchange listing."
King Resources, Inc. based in Austin, Texas, is a leading edge oil and gas exploration company targeting high-potential assets. King's three senior management and corporate advisors have over 130 years oil and gas experience. Three members have each held senior management positions in other public companies, including CEO positions in one NYSE Company and one AMEX Company, CFO positions in three NYSE and one NASDAQ companies, and Exploration & Production management in two NYSE companies.
King's current major assets include, Vermillion Blocks 112 and 113 totaling 10,000 acres are located in federal waters approximately 30 miles off of the Louisiana coast in 40 feet of water, 100% working interest in approximately 2,700 acres in the Fayette Field, Jefferson County, Mississippi, a Joint Venture agreement under which it acquired a 50% interest with Carpathian Energy Companie Petroliera, SRL, in the Calinesti Field, in the Alexandria block, 100 kilometers southwest of Bucharest, Romania. The block covers 475 square kilometers (189,000 acres), and is south of the Hirlestti field complex and surrounds the Ninciulesti and Buzescu gas fields.
Additionally, KING owns a library composed of 170,000 linear miles of 2D Seismic along with over 1,000 old well data packages in Texas, Louisiana, and Mississippi,
KING - 30M Float - development stage Oil and Gas Exploration and Production Company
Engaged Independent Audit Firm - already commenced reviewing all past and current financial information with the intent to bring King into full compliance with SEC reporting requirements as soon as possible to apply for a major stock exchange listing."
King Resources, Inc. based in Austin, Texas, is a leading edge oil and gas exploration company targeting high-potential assets. King's three senior management and corporate advisors have over 130 years oil and gas experience. Three members have each held senior management positions in other public companies, including CEO positions in one NYSE Company and one AMEX Company, CFO positions in three NYSE and one NASDAQ companies, and Exploration & Production management in two NYSE companies.
King's current major assets include, Vermillion Blocks 112 and 113 totaling 10,000 acres are located in federal waters approximately 30 miles off of the Louisiana coast in 40 feet of water, 100% working interest in approximately 2,700 acres in the Fayette Field, Jefferson County, Mississippi, a Joint Venture agreement under which it acquired a 50% interest with Carpathian Energy Companie Petroliera, SRL, in the Calinesti Field, in the Alexandria block, 100 kilometers southwest of Bucharest, Romania. The block covers 475 square kilometers (189,000 acres), and is south of the Hirlestti field complex and surrounds the Ninciulesti and Buzescu gas fields.
Additionally, KING owns a library composed of 170,000 linear miles of 2D Seismic along with over 1,000 old well data packages in Texas, Louisiana, and Mississippi,
Some of us do it for the love
$5?! lmao. Even us little playaz could retire.. :)
Answering service, or actual AAGM employee?
Good idea, but, not all brokers allow GTC sells so high above the current PPS. Id do this too if Scottrade let me, but im not risking getting sold out too early (to prevent a short) because the broker has their (dumb) rule.
Retail plays dont have to be shown on the bid/ask, and usually arent, for pinks.
GO SEE WICKERMAN! The Ending is Awesome!
They wont be putting the shares out there right away. Right now..Wickerman..
thats one way to raise some PPS
ECFL - 10 for 1 forward stock split September 1, 2006
eAutoDrop acquisition