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NEWS; http://syndicationinc.net/news.php
That's a pretty strong line up. Who's who; CNBC, Bloomberg, Reuters, CBS, LA Times. I don't know but, I think this has got some potential.
http://syndicationinc.net/news.php
I made a small fortune the last time Sorrentino lit one up. And that project never opened. This sounds like their opening for business next week. It seems to me that the Archer property is the real company. If that's an APP, no telling what could happen. I've seen APP's become billion dollar companies by themselves. Day trading is a massive market today. Not saying this is a billion dollar company but, it is interesting and they are about to open for business. Their also getting a lot of press. check out the updated NEWS tab on Syndication. That's a pretty strong line up. Who's who; CNBC, Bloomberg, Reuters, CBS, LA Times. I think they gotta budget behind them. Anyway, I'm thinking its about to take another run.
NEWS LINK;
http://syndicationinc.net/news.php
new Day TradeXchange TAB on SYNJ website
http://www.syndicationinc.net/day-trade.php
This looks like its going to be pretty wild; Broadcasting live trade calls from professional traders.
Wow!! SYNJ Acquires "Day TradeXchange"; Brings the Proprietary Futures Trading Software and Target Indicator "ARCHER", to the Public; This looks pretty good. Poped up on Yahoo this morning.
http://finance.yahoo.com/news/syndication-inc-acquires-day-tradexchange-100408152.html
SYNJ NEWS; CHICAGO TRIBUNE, LA TIMES, CNBC, and REUTERS over the last couple days. Anyone else see it in other places? Whatever's going on it's being picked up all ove the place;
Syndication Inc., Board Nods to CEO's Request, Schedules April 24, 2015 Vote to Approve Material Asset Purchase and Project Launch
CHICAGO TRIBUNE;
http://markets.chicagotribune.com/custom/tribune-interactive/html-story.asp?symb=SYNJ&siteid=chicagotribune&guid={e28c10b1-fea4-480d-a9b2-1b450bf4f651}
LA TIMES;
http://markets.latimes.com/custom/tribune-interactive/html-story.asp?symb=SYNJ&siteid=latimes&guid={e28c10b1-fea4-480d-a9b2-1b450bf4f651}
REUTERS REPORTS; SYNJ NEWS; Found this today; Syndication Inc., Board Nods to CEO's Request, Schedules April 24, 2015 Vote to Approve Material Asset Purchase and Project Launch;
I think this is priming; Reuters and CNBC over the last couple days.
http://www.reuters.com/article/2015/04/07/idUSnGNX51CtGl+1ca+GNW20150407
NEWS; SYNJ, Board Nods to CEO's Request, Schedules April 24, 2015 Vote to Approve Material Asset Purchase and Project Launch
http://finance.yahoo.com/news/syndication-inc-board-nods-ceos-111757759.html
Just found this on CNBC; SYNJ News;
http://www.cnbc.com/id/102548162
Syndication Inc., CEO Request Board Vote on Pending Material Asset Purchase and Project Launch
Hey, the web site been re-activated. Somethings going on; Got some new pending stuff noted. I think he's finally ready to light this up again.
My E-Trade broker told me that FINRA had recently lifted the chill on this stock and that it was DTC eligible now. He also commented that in order to get FINRA to reverse that decision the company would have had to go through a pretty extensive review/investigation including comment reviews of all the officers and directors. He said its been his experience that its very hard to get them to lift a chill and would have never reversed their decision if there was even a hint of a regulatory problem with any member of the board.
MAZO I'd like to get that link as well. I think something good brewing here and I'm building a position. I've done extensive research and found nothing but, the lift from the chill by FINRA which involves a very thorough review process. What your saying is a very serious matter and I'd like to look into it for myself. Please provide the link or name of the contact person handling the issue/list your referring to.
Has anyone looked at SECTION 9a of the filing;
NOTE 9 – SUBSEQUENT EVENTS;
9a. September 19th, 2014; CAPITAL STOCK CREATION EVENT; $2.50 PAR VALUE
CLASS “B” PREFERRED
On September 19th, 2014 the Board passed resolutions and charged the CEO with the
responsibility of establishing a “CLASS B PREFERRED” with a $2.50 PAR VALUE. He was
further instructed to amend the articles of incorporation and bylaws of the Company to reflect the
new Preferred B, its designated rights, as well as authorizing the issuance, 10,000,000 shares of
the class.
The Board stated that the $2.50 Par Value Class B Preferred will be used for multiple strategies
including;
1 Equity currency for planned reverse asset and or acquisition/merger activities;
2 Planned debt swaps for a number of planned nonaffiliated corporate investments;
3 NYSE Alternext Exchange; Equity leverage for new exchange qualification standards required
for a listing upgrade;
4 Cash dividends disbursement;
5 Trading Exchange Platform; Employment Stock Participation Compensation Package for new
Executive Officers;
9b. September 19th
, 2014; CEO TO CONVERT $427,359 PERSONAL DEBT TO $2.50
PAR VALUE CLASS “B” PREFERRED;
On September 19th, 2014 the Board approved Resolutions requested by the CEO authorizing him
to convert $427,359 of his affiliated debt to the newly created $2.50 Par Value Class “B”
Preferred.
$500,000 Half Million Dollar Buy!!! No CEO does that if nothings going on; How much cash have you purchased. Its $500 thousand dollars. Hey, he payed for his 8 Billion shares; You have to wonder why??
$437K into this new $2.50 Class B Preferred and another $80K into restricted Common. That’s a huge commitment. I see a deal in the making. That common is restricted. He’s an affiliate. He can’t trade that for a year without a registration and even then he’s restricted to the “dribble rule”, 1% of the trading volume every 90 days. And that Class B looks like deal currency to me. He can't trade that either and its got a $2.50 par value on it. He would never invest a $½ Million Dollars unless there was something big on the horizon. I don't think this is him trading. I think something else is going on. IMHO
$437K into this new $2.50 Class B Preferred and another $80K into restricted Common. That’s a huge commitment. I see a deal in the making. That common is restricted. He’s an affiliate. He can’t trade that for a year without a registration and even then he’s restricted to the “dribble rule”, 1% of the trading volume every 90 days. And that Class B looks like deal currency to me. He can't trade that either and its got a $2.50 par value on it. He would never invest a $½ Million Dollars unless there was something big on the horizon. I don't think this is him trading. I think something else is going on. IMHO
Well, I'm a bit confused now and would like to do my own research before I make a move here. E-trade indicates that they have no record of corporate activity since 2009, other than the reverse split on Feb 28th this year. Also, there is no mention of any such activity with this SNDC company or any other company for that matter. There is also no mention of any such activity in the resent filings of SYNJ. Your last post said that the "SEC called you today and that they were investigating". Would you please give the phone number and name of that agent, I would like to give him a call. Also, I've been unable to get any info on this company SNDC. Post what info you have on that as well. You seem to imply that Syndication stole some securities from your account. If that's true, I would like to take that under consideration before investing. However, if it has nothing to do with the company, I'd like to know that as well. Those are very serious allegations. I'd like to no if they are true or not. However, at this point I haven't been able to find any evidence indicating that the Company did anything wrong or had anything to do with a merger of some sort. If you can provide any help it would be greatly appreciated. Thanks
Well, I'm a bit confused now and would like to do my own research before I make a move here. E-trade indicates that they have no record of corporate activity since 2009, other than the reverse split on Feb 28th this year. Also, there is no mention of any such activity with this SNDC company or any other company for that matter. There is also no mention of any such activity in the resent filings of SYNJ. Your last post said that the "SEC called you today and that they were investigating". Would you please give the phone number and name of that agent, I would like to give him a call. Also, I've been unable to get any info on this company SNDC. Post what info you have on that as well. You seem to imply that Syndication stole some securities from your account. If that's true, I would like to take that under consideration before investing. However, if it has nothing to do with the company, I'd like to know that as well. Those are very serious allegations. I'd like to no if they are true or not. However, at this point I haven't been able to find any evidence indicating that the Company did anything wrong or had anything to do with a merger of some sort. If you can provide any help it would be greatly appreciated. Thanks
Hey, jim2316 I'm beginning to accumulate a block of this but, can't get any information on this (SNDC) company. The symbol doesn't seem to match anything but I'm worried now about this investigation that the SEC informed you of. Can you give me the name and number of the agent that called to speak to you about their investigation. I'd like to talk with him. And also, what's the name of this SNDC company. I didn't have any problem with my account but, I'm with e-trade so maybe it didn't effect them.
Wow, It looks like Brian's gonna light this up again. I hope so I made a small fortune on his last run. I think its time to strike a bid. Say whatcha want but, this guy moves the market.
Wow, It looks like Brian's gonna light this up again. I hope so I made a small fortune on his last run. I think its time strike a bid. Say whatcha want but, this guy moves the market.
This guy believed. No one puts $700 thousand dollars into an escrow simply to prove a piont. He was going after it. He thought he had the 5 Million dollars. Remember it was Mac. He believed in Mac just like we all did. Can you emagine how he felt when this became a fraud and didn't come through after putting up the $ 700k in escrow money? He became the fall guy. And, That's proof. There's no other reason to do it. No one desires to be this kind of fall guy. That's why he's going after them criminaly. Most of us would have let it go, But, Not him! He's going after this until the end. Alot of the motivation is our fault as shareholders, We've riticulled him to death. Unless you can come up with some other reason that makes sence, Just ask yourselves, what would you do in his place and when you'd have to answer to us.
Well if you want to call the CEO of Syndication a fraud, well where were you with Freddy May and Freddy Mack, JP Morgan, Merl Lynch, Morgan Stanley, State Street or Wells Fargo and most importantly AIG???????? Your missing the point, I just want to make money. You should stop crying!!!This is pink sheet. This is perfect. If you don't see it, get out!!
your right its an if but, have you ever seen this guy quit? And would you denigh that Internet security is not the next wave of the future? I don't care what he does. This is PINK SHEET investing. If I/or we, can make big money on this next run? DO YOU CARE WHY???
Ya know; If he does this thing with the internet companies, I'm pretty sure he's going to find out who you are BSIAFL
HAHA I think he’s about to start another run!!! You still think Bio fuel is exciting? I told ya. Every 2 years. He’s a money market for those who play it right.
Don't you realise? The guy never does P/R's Never Has. He only releases info as it becomes real. unfortunatly, for You, it's never in the form of a hype.
he's getting ready. he's going to take rhis up the ladder. IMHO
the guy is current on his filings until Aug 21st 2011. he can do anything he wants. The point is, it looks like he's doing what is best for the shareholders. Hes is charged with rebuilding the company without everyones beloved Mac. Who, by the way left us with this law suit. Oh yeah; it;s sorrentino's fault because he;s the CEO. But, we all bought his prohram.
snowdog; I think this is about one of the most intellegent statements made in recent board history
That being said, I don't care what happens just as long as the PPS recovers. GLTUA
Something is about to happen here. This stock is getting ready for a run. FINRA could care less about the price of the stock when reviewing Corporate Actions. A company can do what it wants when adjusting its capital structure. The only thing FINRA cares about is that it is properly filed and disclosed. I think this is good time to quietly take a position in this stock. You can do it very cheaply and with little risk. I mean if you wanted the perfect scenario for investing in a pinky, you’re staring at it.
HAHAHA, Ithought thats what you wanted??? You make me laugh.
well, for evry one out there; Would you buy the stock after the reverse split? If it happen??
hahaha I just want to ask? and I don't know what he's going to do but, if he does R/S will you buy in???
ok you win, so lets do it!
Its still my advice. I don't care what a pink sheet claims its doing and I don't care about it's CEO. 99% of them have nothing but a story. And I don't tie the measure of my success to the company. Most of them fail. This high speculation investing. I only concern myself with my ability to make money in the stock of the company. We made a ton of money on this company back in 2005 and 06, When it started in a consulting agreement with that New Age Systemes deal The stock went from around .05 to 1.25. Then after that we made out great with that HCX or Tri-State consulting deal. The stock ran from about .25 to $2.87. If I remember right the company recieved about $250K in consulting fees and somthing like 10% in stock. It then announced an LOI and the stock flew. I think HCX was sold or discontinued operations so the LOI died but, we made out great. It was a great run. We were holding about $15K on the reverse in 08' but, bought in heavey right after in Feb and March 2009 and made a bumdle on what I would say was the best run to date. If your trading these stocks on fundementals no wonder your crying. This is a consulting company that specializes in projects. I think the stock is getting ready for another run and now is not a bad time to grab a small position withouit much risk.
This deal always called for 5 million. Mack was to provide the 3.5 million from USDA but, failed to post his personal assets in order to procure the loan. That was in the 4th Q 2009. IMO, That's when the problems behind the seens began. The company showed about $900k in cash at that point. That's also when all delution of the stock stoped and Mac brought Katzburg on to find this so called "non Traditional" financing. The point is that there doesn't seem to be much spending going on. If you take out the legal fee;s of $150k and add the $600K in escrow your looking for about $100 to $150K in the last year and a half used for expenses. Thats nothing, and it is certainly not the issue that holding this project up. They need to find a way to replace the 3.5 Million to move forward. I think their going to come out with an adjusted business plan that may tac in a slightly different direction of the alternative energy market. I would if I were them. Truth be told Bio-fuels is not that exicting and has legislative issues to work out. This is a wide open industry with so many other opertunities available. I hope he goes another direction.
Taking a small position now is smart. Well Dragonwing it seems the company was pretty ticked off at the transfer agent for screwing up the dividend filing. That’s a pretty serious screw up but, before you accuse the company of lying you might want to check all the facts. In the subsequent events section of the company’s last financial filings they explain the delay pretty clearly. It makes sense to me, I trade a number of pinky’s that use PST and they are all switching because of the high rates their being charged since PST’s been bought by a big transfer agency. They also complained about lack of service. I attached Item 6 of the financials for you to read. It seems that after the screw up they decided to revamp their whole arrangement which includes some new dividend processing program the company’s been talking about for the last couple of Q’s. I hope their successful because, if not they indicate they will switch transfer agents which, will take some time. I will agree with you that this is a pain but again not illegal. Under the rule, no company has to issue a dividend ever. They can also cancel announced dividends at any time until paid. Remember BP during the gulf oil spill. However, if PST is screwing up and is overpriced then switching is what I’d want my company to do, it’s the smart move. But, to be honest with you I’m confused about the complaints I hear on this board over the dividends. Everyone cries because their worthless then they cry because the company didn’t pay them out?? Personally, I’m kinda interested, I’ve never heard of a multi company divi. I would have to assume the divi stock from the other companies would be non-dilutive regardless of what happens with SYNJ capitalization. And their indicating divi issuances that will include 2 or even 3 other companies. I don’t know but, it sounds interesting . I guess we will see. Anyway. IMO, this is not a bad time to speculate on this stock. You can quietly take a nice position with very little risk.
Quote
____________________________________________________________
ITEM 6 4/4/11; Dividend Postponement and Transfer Agent Terms Modification;
On March 31st, 2011 the Board was informed by its transfer agent (TA), that their failure to properly file the dividend issuance notification with FINRA, would require the Company to delay its March 31st, 2011 dividend. As a result on April 4th, 2011 the Board passed a resolution charging the CEO with the responsibility of re-negotiating its entire TA service agreement. It was decided that the appointment of the next Record Date would be delayed until the TA agreement was settled. If unsuccessful, he was ordered to switch to one of the TA’s aggressively pursuing the Company’s business. It was resolved that the adjusted terms would need to include the fee structure for each specific dividend
issuance, monthly non-transactional service fees, the dividend certificate re-issuance and
restriction lift program and a “quality of service” commitment. Previous resolutions
declared that the Company would adhere to a strict but, expensive dividend issuance
schedule that called for a total of 8 dividends in 2011 alone. The feasibility of the program will rest essentially on the transfer agent expense. In order to reward our long term shareholders for their loyalty while we, as a company negotiate the recent adverse
challenges facing our business plan we intend to provide significant percentage
ownership to our shareholders by way of our dividend system.
Investing in a small position now may be smart. IMHO. Backstabed, I Have to laugh at your statement. Light pump and dump!!!???? HaHa! Now that is FUNNY! What stock have you been trading??? Pumping is the last thing you could claim that this Company does. In fact, I constantly read you and others complaining that the company owes us news, or the company owes us updates.
As far as I can tell this company only puts out news when there is real news to release. Even if its unfavorable. It seems most the updating and information this Company releases is done in the subsequent event section of its financial statements. That’s hardly the routine of a pumper.
As far as dumping; Again what dumping are you talking about??? The numbers are right there in front of you and they indicate there’s been virtually no dilution since December 2009. By my calculations they may have issued some ware around 25k to 40k worth of stock over the last 17 months. That’s nothing.
I guess my real question to you backstabbed is what’s your goal here??? Mine is to make money on this stock. So when I post I take the time to post statements that are first, based in fact and second, may have the effect of reducing the risk of my investment and enhancing my odds of making a gain.
To do that we need to attract new speculators willing to take a shot on the company not scare them away.
I mean I just don’t understand your logic. What are you trying to achieve with your statements. Are you trying to be a good smaritan or a hero? Who ya talking to. I don’t need your help in determining the risk in my investing decisions. If I did I’d ask ya. You remind me of a guy who wants to sell his car and starts out but telling a prospective buyer that he’d be crazy to but it. This is high risk penny stock speculation investing and its always easy to ridicule a penny stock. Just about every one of these companies trade on the speculation of things to come, not assets, revenue or income. Like I said it’s always easy to tear down a penny stock and their CEO’s but, if you own the stock it’s never SMART. So my point is, even if you are pissed about the company’s performance and the price of its stock you keep it to yourself. Use the board as a tool not your therapist. Its not helping me, yourself or the other shareholders to spout your frustrations in the public. I know your frustrated, everybody is but, leave it at home. IMO, this is not a bad time to speculate on this stock. You can quietly take a nice position with very little risk.
Taking a small position now is smart, imho. Crymeariver, I have to say your handle suits you well. I’ve been following and investing in this stock on and off for years and for the life of me I can’t figure out who promised you anything. As far as I can see the company just informed the public of what it was doing. If you interpreted any of it as being done, you did that on your own. This is speculation investing in pinky land and 99% of the action or run on a stock is based on potential of events to come. The way I read it, this is a consulting company that has engaged in multiple projects over the years with each I might add, creating some pretty great runs. I thought this last project of wind, solar and bio fuel was Marshall’s program. Don’t get me wrong I’m not saying it turned out the way we all hoped but, there is plenty of evidence indicating the Company was genuinely pursuing those goals. That’s not a scam. Its poor results true but, that’s not illegal. Not to mention we got a great run. Look I don’t care what the Company does all I care about is making money on the stock. Most of the 15 to 20 posters that constantly post on this board are their own worse enemy. If I was a potential investor and this was your response to my inquest about investing in this stock, I’d say no way and run for the hills. Why is that good for me or you for that matter?? I want to sell for a profit and we need new investors to do that. It’s not your job to be a good samaritan and I completely disagree with your trading strategy. Your charts, stats and fundamental analysis on a pinky stock without assets means nothing. Like I said this speculation investing save the analysis for big board trading. I can tell by your comments it must have worked well for you here, LOL. I don’t mean to throw salt in the wounds but, you’re comments are self manifesting. Again I see very little evidence here of the company intentionally attempting to deceive the shareholders. In fact there is plenty of evidence that they were doing what they said they were doing. It just didn’t come together like we all wanted and I’m not sure the CEO should take all the blame. I mean there’s plenty to go around and Katzburg is still listed as the CFO on Mac’s MEG company. You want to read some fiction just check out the Production Strategy tab on his web site. I wonder how his solar farm in Ethiopia is coming or how close he is to generating $2 billion a year in revenue. Even this law suit is evidence that the company was genuinely pursuing financing. No company purposely sends $600k to an escrow just to go to court to get it back as a way to surreptitiously convince the shareholders that it was truly attempting to secure financing. Your screaming scam and scaring people off and then crying because the stock has no market. It doesn’t make sense to me. In case you haven’t heard you need to sell your stock to someone for a profit. If their buying what you’re selling you probably played your position better than them. That’s the raw fundamental basics of the entire stock market, not looking out for investing activities of other players. It’s you against them. In contrast to your opinion this is not a bad time to speculate on this stock. You can quietly take a nice position with very little risk and I’ll bet that once this issue with PST is cleared up and they get past this law suit we will get another run out of this thing. At any rate I think its better to either pitch it with a positive spin or stay quiet. Jmho.
please be carful when you interpret the difference of poor performance from intentianal deception