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Rainmaker, show me something recent with Cornell IVCM and TTGL
They did not buy this clean shell to dilute. That would make no sense to all the actions they have done so far. IMO
TJG, care to expand on that.
Someone is buying 5's bigtime. WHY? I hope im right imo.
invest2win- How many you buy today?
It's your money, but based on what I have read on mergers, shells, and the actions that take place prior to like officers changing, 8K's, etc.. To me I will ride this out.
WHO IS BUYING? MIL BLOCKS GOING THRU
Someone is eating them up fast so sell if you must.
imo those that bail made a mistake. GL
VI Communications Announces Intention to Complete a 400 for 1 Reverse Stock Split Plan
Titan Global Holdings Casts its Majority Support for this Plan
Jul 3, 2008 9:29:00 AM
Copyright Business Wire 2008
View Additional ProfilesRICHARDSON, Texas--(BUSINESS WIRE)--
IVI Communications, Inc. ("IVI") (OTCBB:IVCM) announced today that it has filed a Preliminary Information Statement with the Securities and Exchange Commission. The Preliminary Information Statement states IVI's intention to complete a 400 for 1 reverse stock split.
Titan Global Holdings, Inc. ("Titan") (Pink Sheet:TTGL) recently acquired all of IVI's outstanding Series A and B Preferred Stock (the "Preferred Stock") from the former holders. The Preferred Stock includes the right to vote a majority of IVI's shares for any action to be taken by shareholders. Titan has cast its support for the reverse stock split pursuant to which 399,999,991 currently outstanding shares of Common Stock (the "Old Shares") would be automatically converted into approximately 1,000,000 shares of Common Stock (the "New Shares"). The New Shares issued pursuant to the reverse stock split will be fully paid and non-assessable. All New Shares will have the same par value, voting rights and other rights as Old Shares. Stockholders of the Company do not have preemptive rights to acquire additional shares of Common Stock, which may be issued.
The reverse stock split will not alter any shareholder's percentage interest in the Company's equity, except to the extent that the reverse stock split results in any of the Company's shareholders owning a fractional share. No fractional shares shall be issued. Any shareholder, who beneficially owns a fractional share of the Company's Common Stock after the reverse stock split, will receive an additional share in lieu of such fractional share.
In addition, commencing with the effective date of the reverse stock split, all outstanding options entitling the holders thereof to purchase shares of the Company's Common Stock will entitle such holders to receive, upon exercise of their options, one-four hundredth of the number of shares of the Company's Common Stock which such holders may purchase upon exercise of their options. In addition, commencing on the effective date of the reverse stock split, the exercise price of all outstanding options will be increased by 400.
There are no current plans with respect to any specific changes in IVI's business, however, it is contemplated that Titan will assist IVI in acquiring or developing business operations in complimentary communication businesses.
About IVI Communications, Inc.:
The Company was formed in California in September 1995 to acquire traditional local and regional Internet access Service Providers (ISP's) in the Western States to achieve economies of operation and accelerated growth through centralized management.
Effective May 23, 2002, Internet Ventures, Inc. agreed to recapitalize with Turer Corporation by becoming a wholly owned subsidiary of Turer. To accommodate this recapitalization, the shares then outstanding of Internet Ventures, Inc. were exchanged for shares of Turer. In August 2002, Turer changed its name to IVI Communications, Inc.
About Titan Global Holdings
Titan Global Holdings is a diversified holding company with a dynamic portfolio of subsidiaries spanning international telecommunications, electronics and homeland security, consumer products and energy resources and distribution.
Titan's operating divisions include the following:
The Titan Global Energy Division owns and operates traditional and next-generation renewable energy and fuel assets that can provide significant opportunities for growth in one of the world's largest and most critical markets.
Titan's Communications Division serves the communication needs of those individuals that have emigrated from their host country to the United States or other countries and plans to addresses a range of high-growth markets in the international telecommunication segments, including communication technology, platform management, international wholesale communication and the distribution of prepaid international telecommunication products.
Titan Global Brands designs, develops, and distributes consumer products from value categories to high end branded categories, through its existing distribution channels and new ones suitable for such products. Together, it integrates, protects and expands its consumer brand management capabilities to leverage and optimize growth across Titan's worldwide distribution channels.
Titan Card Services plans to capitalize on the burgeoning multibillion-dollar international prepaid money transfer sector. Titan Card Services' proprietary technology provides for convenient and efficient international money transfers.
Titan's Electronics and Homeland Security Division includes Titan PCB East, Inc., Titan Electronics Inc., and NEO EMS, Inc. These companies specialize in the manufacture of advanced circuit boards and other electronic products for classified military and defense department customers, and other high-tech clients.
For more information, please visit: www.titanglobalholdings.com.
For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/titan/ or http://www.b2i.us/irpass.asp?BzID=1314&to=ea&s=0.
To view current news, visit
http://www.trilogy-capital.com/tcp/titan/quote.html. To view an
investor fact sheet about the company, visit
http://www.trilogy-capital.com/tcp/titan/factsheet.html.
Forward-Looking Statements
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 -- With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of TTGL could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations or expansion, inability to hire and retain qualified personnel, changes in the general economic climate, including rising interest rates and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors see the risk factors associated with our Company, review our SEC filings.
Source: Titan Global Holdings, Inc.
----------------------------------------------
Trilogy Capital Partners
Financial Communications:
Ryon Harms
800-592-6067
info@trilogy-capital.com
Lots of buying on L2. WHY? IMO they know something.
Someone bought 3 mil at 7
News out.
momoore, that has to be the plan imo. WHY ELSE?
I will call Ryan at Trilogy to see what he thinks.
My take on The R/S is that it is a good thing in this case, although it took me by suprise. Reducing the o/s makes it much more attractive shell with 1 million shares vs. 400 million. Remember IVCM has no viable business. The value is in the shell. THE R/S HERE WILL LEAD TO MORE SHAREHOLDER VALUE IF AND WHEN A MERGER TAKES PLACE. IMO THAT IS THE DIRECTION THIS IS GOING. THERE IS NO OTHER REASON I SEE TO DO THIS R/S. THERE ARE STOCKS OUT THERE WILL BILLIONS OF SHARES TRADING THAT MOST OF THE BASHERS ON THIS BOARD OWN. AFTER THE R/S THERE WILL BE A MILLION SHARE SHELL.
SCHEDULE 14C (RULE 14C-101)
An amendment to our Certificate of Incorporation to effect a 1-for-400 reverse stock split of IVI Communications, Inc.’s outstanding common stock.
PROPOSAL 1
ONE FOR FOUR HUNDRED REVERSE SPLIT
On June *, 2008 the majority stockholders of the Company authorized a reverse stock split pursuant to which 399,999,991 currently outstanding shares of Common Stock (the "Old Shares") would be automatically converted into approximately 1,000,000 shares of Common Stock (the "New Shares").The reason for the reverse stock split is to increase the per share stock price. The Company believes that if it is successful in maintaining a higher stock price, the stock will generate greater interest among professional investors and institutions. If the Company is successful in generating interest among such entities, it is anticipated that the shares of its Common Stock would have greater liquidity and a stronger investor base.
The reverse stock split will not alter any shareholder's percentage interest in the Company's equity, except to the extent that the reverse stock split results in any of the Company's shareholders owning a fractional share. No fractional shares shall be issued. Any shareholder who beneficially owns a fractional share of the Company's Common Stock after the reverse stock split, will receive an additional share in lieu of such fractional share. The principal effects of the reverse stock split will be that the number of shares of Common Stock issued and outstanding will be reduced from 399,999,991 to approximately 1,000,000.
Calibob, I also own some CCMJ. I dont work for anyone and I just post my opinions like everyone else here.
IVCM - Thoughts. Replies welcome.
The R/S is a good thing in this case, although it took me by suprise. Reducing the o/s makes it much more attractive shell with 1 million shares vs. 400 million. Remember IVCM has no viable business. The value is in the shell. THE R/S HERE WILL LEAD TO MORE SHAREHOLDER VALUE IF AND WHEN A MERGER TAKES PLACE. IMO THAT IS THE DIRECTION THIS IS GOING. THERE IS NO OTHER REASON I SEE TO DO THIS R/S. THERE ARE STOCKS OUT THERE WILL BILLIONS OF SHARES TRADING THAT MOST OF THE BASHERS ON THIS BOARD OWN. AFTER THE R/S THERE WILL BE A MILLION SHARE SHELL.
SCHEDULE 14C (RULE 14C-101)
An amendment to our Certificate of Incorporation to effect a 1-for-400 reverse stock split of IVI Communications, Inc.’s outstanding common stock.
PROPOSAL 1
ONE FOR FOUR HUNDRED REVERSE SPLIT
On June *, 2008 the majority stockholders of the Company authorized a reverse stock split pursuant to which 399,999,991 currently outstanding shares of Common Stock (the "Old Shares") would be automatically converted into approximately 1,000,000 shares of Common Stock (the "New Shares").The reason for the reverse stock split is to increase the per share stock price. The Company believes that if it is successful in maintaining a higher stock price, the stock will generate greater interest among professional investors and institutions. If the Company is successful in generating interest among such entities, it is anticipated that the shares of its Common Stock would have greater liquidity and a stronger investor base.
The reverse stock split will not alter any shareholder's percentage interest in the Company's equity, except to the extent that the reverse stock split results in any of the Company's shareholders owning a fractional share. No fractional shares shall be issued. Any shareholder who beneficially owns a fractional share of the Company's Common Stock after the reverse stock split, will receive an additional share in lieu of such fractional share. The principal effects of the reverse stock split will be that the number of shares of Common Stock issued and outstanding will be reduced from 399,999,991 to approximately 1,000,000.
Testline, my thoughts. Others welcome to reply.
The R/S is a good thing in this case, although it took me by suprise. Reducing the o/s makes it much more attractive shell with 1 million shares vs. 400 million. Remember IVCM has no viable business. The value is in the shell. THE R/S HERE WILL LEAD TO MORE SHAREHOLDER VALUE IF AND WHEN A MERGER TAKES PLACE. IMO THAT IS THE DIRECTION THIS IS GOING. THERE IS NO OTHER REASON I SEE TO DO THIS R/S. THERE ARE STOCKS OUT THERE WILL BILLIONS OF SHARES TRADING THAT MOST OF THE BASHERS ON THIS BOARD OWN. AFTER THE R/S THERE WILL BE A MILLION SHARE SHELL.
SCHEDULE 14C (RULE 14C-101)
An amendment to our Certificate of Incorporation to effect a 1-for-400 reverse stock split of IVI Communications, Inc.’s outstanding common stock.
PROPOSAL 1
ONE FOR FOUR HUNDRED REVERSE SPLIT
On June *, 2008 the majority stockholders of the Company authorized a reverse stock split pursuant to which 399,999,991 currently outstanding shares of Common Stock (the "Old Shares") would be automatically converted into approximately 1,000,000 shares of Common Stock (the "New Shares").The reason for the reverse stock split is to increase the per share stock price. The Company believes that if it is successful in maintaining a higher stock price, the stock will generate greater interest among professional investors and institutions. If the Company is successful in generating interest among such entities, it is anticipated that the shares of its Common Stock would have greater liquidity and a stronger investor base.
The reverse stock split will not alter any shareholder's percentage interest in the Company's equity, except to the extent that the reverse stock split results in any of the Company's shareholders owning a fractional share. No fractional shares shall be issued. Any shareholder who beneficially owns a fractional share of the Company's Common Stock after the reverse stock split, will receive an additional share in lieu of such fractional share. The principal effects of the reverse stock split will be that the number of shares of Common Stock issued and outstanding will be reduced from 399,999,991 to approximately 1,000,000.
The R/S is a good thing in this case, although it took me by suprise. Reducing the o/s makes it much more attractive shell with 1 million shares vs. 400 million. Remember IVCM has no viable business. The value is in the shell. THE R/S HERE WILL LEAD TO MORE SHAREHOLDER VALUE IF AND WHEN A MERGER TAKES PLACE. IMO THAT IS THE DIRECTION THIS IS GOING. THERE IS NO OTHER REASON I SEE TO DO THIS R/S. THERE ARE STOCKS OUT THERE WILL BILLIONS OF SHARES TRADING THAT MOST OF THE BASHERS ON THIS BOARD OWN. AFTER THE R/S THERE WILL BE A MILLION SHARE SHELL.
SCHEDULE 14C (RULE 14C-101)
An amendment to our Certificate of Incorporation to effect a 1-for-400 reverse stock split of IVI Communications, Inc.’s outstanding common stock.
PROPOSAL 1
ONE FOR FOUR HUNDRED REVERSE SPLIT
On June *, 2008 the majority stockholders of the Company authorized a reverse stock split pursuant to which 399,999,991 currently outstanding shares of Common Stock (the "Old Shares") would be automatically converted into approximately 1,000,000 shares of Common Stock (the "New Shares").The reason for the reverse stock split is to increase the per share stock price. The Company believes that if it is successful in maintaining a higher stock price, the stock will generate greater interest among professional investors and institutions. If the Company is successful in generating interest among such entities, it is anticipated that the shares of its Common Stock would have greater liquidity and a stronger investor base.
The reverse stock split will not alter any shareholder's percentage interest in the Company's equity, except to the extent that the reverse stock split results in any of the Company's shareholders owning a fractional share. No fractional shares shall be issued. Any shareholder who beneficially owns a fractional share of the Company's Common Stock after the reverse stock split, will receive an additional share in lieu of such fractional share. The principal effects of the reverse stock split will be that the number of shares of Common Stock issued and outstanding will be reduced from 399,999,991 to approximately 1,000,000.
pps .0008 1:400 should put pps at .32 a share and new O/S should be around 1 million shares.
Tip of the Week: Need a Reverse Split?
When a public shell is in the process of completing a reverse merger it often finds itself with too many issued and outstanding shares or not enough authorized shares. One solution is a reverse stock split. A reverse stock split is a pro rata reduction in the number of shares of capital stock of a company that are outstanding. It is often used to increase per-share price, or to make more authorized shares available in order to complete a reverse merger. At the time of the split, each shareholder still owns the same overall percentage interest in the company. Most states’ laws require a reverse stock split to be approved by shareholders, and this requires a proxy or information statement under SEC rules, if the shell is subject to the SEC’s reporting requirements. If the reverse split is a condition of the reverse merger, the SEC requires a much more complex merger proxy.
Reverse Mergers and Public Shells The 8-K describes the newly combined company, stock issued, .... Note: It is often necessary for the public shell to do a reverse split and/or cancel shares ...
www.flexfinancialgroup.com/reversemerger.html - 26k - Cached - Similar pages
Look familiar->SHELLS & The Reverse Stock SplitPosted in September 29th, 2006 by Ralph Amato in reverse stock splitHow do you determine what the end result of a reverse merger is going to be? At best you are taking an educated guess. Here are some areas to consider. However, before we begin, I want to once again caution readers that Reverse Shell Mergers are for experienced investors only!
Should you purchase shares in the shell before or after the reverse merger takes place? If you are trying to buy before the merger takes place there certain assumptions you must make when considering buying shares in a public company that is in a pre-reverse merger mode. First of all, you are purchasing shares in a company that may or may not complete a reverse merger with another company. Secondly, you do not know what company is going into the shell.
I suggest the best thing to do is to wait until there is an announcement, usually a filing of an 8K, by a company. The filing will usually announce a material change in the Officers and Directors of the company or a sale or exchange of shares. This is your first clue that something is up. The new company will then have to file their financials within 3 business days. Once the new company has filed their financials you can start calculating the value of the new company going into the shell. If you want to play it safe wait until the reverse merger and the reverse split of the stock has taken place before you start buying shares. The most difficult part of this type of transaction is determining if there is going to be a reverse split and, if so, to what degree. The total outstanding shares of the new company are determined by the valuation of the company as measured by management or their investment bankers. The question always remains: Do they want a stock that trades at $.50 or $5.00?
Once you have ascertained the number of outstanding shares and the previous earnings of the company you can calculate the earnings per share. For example if a company has 10 million shares outstanding and it earned $2 million dollars that would translate into $.20 per share earnings. Taking into account a PE multiple of 10X to 20X earnings the stock should trade somewhere $2.00 to $4.00 per share. What we are trying to accomplish is akin to a treasure hunt. If you discover the “treasure” before everyone else does you have a distinct buying advantage and, in most cases, you can purchase shares of the new company that are still trading at the previous company’s pricing. So you are trying to accumulate shares before the word gets out and before the PIPE hits the markeplace.
FYI - You can get access to SEC filings by going to www.epoinvestor.com. ePO gives you “The IPO Report” which has all SEC filings for IPO’s and secondary offerings including OTC bulletin board companies. ePO also allows investors to purchase IPO shares of NASDAQ and Amex qualified companies via an online Google style Dutch auction process. Membership is FREE
Again, imo they are preparing a shell with a o/s of a million vs. 400 million. THIS IS A GOOD SITUATION TO BE IN IF A MERGER/SPIN OFF HAPPENS. All these moves made the last week point overwhelmingly in that direction imo.
Again, imo they are preparing a shell with a o/s of a million vs. 400 million. THIS IS A GOOD SITUATION TO BE IN IF A MERGER/SPIN OFF HAPPENS. All these moves made the last week point overwhelmingly in that direction imo.
THERE ARE MANY EXAMPLES OF R/S AND THE STOCK SOAR UP.
NOT ALL R/S ARE BAD. THE GOOD ONES ARE IN INSTANCES JUST LIKE THIS ONE WHERE A MERGER/SPINOFF LOOMS. IMO
The R/S is a good thing in this case, although it took me by suprise. Reducing the o/s makes it much more attractive shell with 1 million shares vs. 400 million. Remember IVCM has no viable business. The value is in the shell. THE R/S HERE WILL LEAD TO MORE SHAREHOLDER VALUE IF AND WHEN A MERGER TAKES PLACE. IMO THAT IS THE DIRECTION THIS IS GOING. THERE IS NO OTHER REASON I SEE TO DO THIS R/S. THERE ARE STOCKS OUT THERE WILL BILLIONS OF SHARES TRADING THAT MOST OF THE BASHERS ON THIS BOARD OWN. AFTER THE R/S THERE WILL BE A MILLION SHARE SHELL.
SCHEDULE 14C (RULE 14C-101)
An amendment to our Certificate of Incorporation to effect a 1-for-400 reverse stock split of IVI Communications, Inc.’s outstanding common stock.
PROPOSAL 1
ONE FOR FOUR HUNDRED REVERSE SPLIT
On June *, 2008 the majority stockholders of the Company authorized a reverse stock split pursuant to which 399,999,991 currently outstanding shares of Common Stock (the "Old Shares") would be automatically converted into approximately 1,000,000 shares of Common Stock (the "New Shares").The reason for the reverse stock split is to increase the per share stock price. The Company believes that if it is successful in maintaining a higher stock price, the stock will generate greater interest among professional investors and institutions. If the Company is successful in generating interest among such entities, it is anticipated that the shares of its Common Stock would have greater liquidity and a stronger investor base.
The reverse stock split will not alter any shareholder's percentage interest in the Company's equity, except to the extent that the reverse stock split results in any of the Company's shareholders owning a fractional share. No fractional shares shall be issued. Any shareholder who beneficially owns a fractional share of the Company's Common Stock after the reverse stock split, will receive an additional share in lieu of such fractional share. The principal effects of the reverse stock split will be that the number of shares of Common Stock issued and outstanding will be reduced from 399,999,991 to approximately 1,000,000.
U
If u do buy in the last 10 min. make sure at 9.
they mirrored an 88k at 9 to 88k at 8
right now the last trades shows down to 8
IVCM thank me later.
We need to close at 9!
The ASK is so thin that a couple MIL trade will break it imo
SSGI AT $11.OO LOL
PERT WAS ON THE ASK TO ABOUT 1, NOW AT .0030
Nite is the last one that is short,obvious. After he is gone we go up.
Watch to Keep in green, this should make chart show buy signal