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It's not a sub-penny now. It's already past .01
Did you not see that sharp pullback to .0026 today? Don't try to play the "What are you talking about" game :)
With the RSI and MACD almost tapped out we'll see a small pull back most likely followed by a great multi-day run.
Good catch $P. We'll see a 10 bagger out of this one :)
SFTL We should see a merger on this one fairly soon.
Yea... the momentum though will carry this one for a few days though at least. It's almost a replay of WAMU when it started going after the big banks.
With the high jump on the low volume, we are looking at a little turning at the .0022-.0025 range and then should be heading to .005-.006
the bid is increasing too..... like I said, chartists are going to playing this one again soon.
give it a couple of weeks... the chart players will be coming back into this one if news doesn't hit. Looks like the low for this week is going to be the higher low from last month and we'll most likely see a bounce soon.
No. This is a low O/S low Float stock. It's not traded frequently.
Seems like you haven't done DD on this one then... it has red flags blooming like there is no tomorrow.
Pink? It's an OTCQB.... Last time I checked, its on par with OTCBB. You must not have been reading through the 8-K's/10Q/etc, because you just made it clear that you're oblivious to whats going on and you bring no facts to the table to support your theory. Good job.
Well, I'm not impressed with CEO's history of being a leader, but it definitely stands out that he's taking the great steps of creating a successful company with his current track on Super Rad Toys. The company is still young, but I am none-the-less impressed with whats currently going on. He does need the shareholders though to help him out. Of course, every small company starting out needs its shareholders until they become extremely large in size (Walmart, GM, etc). Will this company ever reach the size of Wal-mart? Unlikely, but it can get pretty big if the CEO plays the acquisition game right. A company like Wal-Mart doesn't need shareholders anymore because of their size, but they reward share holders with Dividends because shareholders combined with the CEO got them to where they are at today.
No... they didn't mess up the year. Quarterly data for Jan 31, 2011 won't be released for another few weeks. If you click on quarterly data, you can see that they have Oct 31, 2010.
Part of it is about one guy, but it looks like you didn't even read all the way through the post...
Yea.. I read the definition of that again. I'm just confused now about the news.. lol.
Well, dissecting the news from http://ih.advfn.com/p.php?pid=nmona&article=46767808&symbol=FBCD the only word that connects the two together is "collaboration"
Defining Collaboration: Collaboration is a recursive[1] process where two or more people or organizations work together to realize shared goals, (this is more than the intersection of common goals seen in co-operative ventures, but a deep, collective, determination to reach an identical objective) — for example, an intruiging endeavor[2][3] that is creative in nature[4]—by sharing knowledge, learning and building consensus. Most collaboration requires leadership, although the form of leadership can be social within a decentralized and egalitarian group.[5] In particular, teams that work collaboratively can obtain greater resources, recognition and reward when facing competition for finite resources.[6]
So it would seem that they are working together to reach the same goal? It seems as though no material data would come of this then until they both actually set something in motion and complete it.
More than likely it is a verbal agreement that will have a contract that follows soon after. It is material data and FBCD is on the OTC: BB so they will have to release that material data to the public soon.
FBCD - Confirmation that Tristan is designing toy's for Super Rad Toy's.
From iHub poster: Walker
Thanks Walker, I haven't gotten an email back yet from them, but I assume I will pretty soon. Now we just watch what the CEO does because I already know his background and what he is and isn't capable of.
Nodummy, I need your opinion on this revised 14c http://ih.advfn.com/p.php?pid=nmona&article=46757952
FBCD - DD
Baked Today and ready to serve
After seeing Tristan Eaton's name pop up for FBCD, I decided to do some down and dirty searching for my DD on FBCD (Super Rad Toys).
http://www.tristaneaton.net/biography
His Biography is pretty solid and I'm intrigued by the fact that he has been in the Art Industry for quite some time now and has made a name for himself. Not only that, he lived in London, New York, and LA which are two huge places where artists thrive. His clients are many in which a good chunk of them are big name industry's. "As a creative leader in the world of advertising, Eaton regularly consults such brands as Hasbro, Pepsi and Nike on many creative projects that span the globe and cross all mediums ."(www.tristaneaton.net/biography) He regularly is a consultant for Hasbro, Pepsi and Nike? Yes, yes he is.
Here is a website that is similar to wikipedia, but for Artists and as you can see at the bottom of the page there are toys, Tristan's toys, that have a similar design to what SRT has.
http://www.vinyl-creep.net/Tristan_Eaton
Look at the toys SRT creates and look at the ones Tristan created. I'm sure Tristan felt comfortable with hopping on board with these guys as they both have similar interests!
Let's look at Tristan's history of success
------------------------------------------
Born in Los Angeles in 1978, Tristan Eaton began pursuing street art as a teenager, painting everything from billboards to dumpsters in the urban landscape of wherever he lived, including London, England and Detroit, Michigan. Eaton then moved to New York City to study at the School of Visual Arts, but conveniently dropped out (which means he realized he didn't need to go any further in College to be able to succeed in the world) to pursue commercial projects. Since then, Eaton has been the Director of Toy Design for the infamous Kidrobot, held a teaching position at The Parsons School of Design and recently formed ‘THUNDERDOG’, his very own toy label & full service design studio, based in D.U.M.B.O., Brooklyn. Eaton’s prominent work in the field of ‘Designer Toys’ has led to international recognition and infamous collaborations with noted artists and fashion designers around the world.
2006
‘NO SKOOL’ A collaborative exhibition by: SEEN UA & TRISTAN EATON
January 13th, 2006 to January 31st
OPENING RECEPTION: January 13th, 2006 7-11pm
@ THE SHOWROOM NYC
117 Second Ave, 2nd Floor
New York, NY 10003
http://www.woostercollective.com/2006/01/event_sean_and_trisan_eaton_in_new_york.html
2010
Used by PEPSI Co. for their Brisk Ice Tea label in early versions
http://www.postersandprintsblog.com/postersandprintsblog/tag/tristan-eaton
He is apart of CMYK collaborations with a description of "Tristan Eaton is everywhere, his iconic and bold imagery is a part of your life whether you know it or not. While maintaining a high profile in the commercial design industry he also disseminates his own message on streets across the world. We highly suggest taking a further look at Tristan’s work at tristaneaton.net
Tristan Eaton and CMYK Projects have teamed up to bring you the first in a series of prints based on high profile murals created by Tristan. “Wild Beauty” is based off a mural Tristan created in Miami during Art Basel last year with Primary Flight."
http://www.cmykprojects.com/artists/tristan-eaton/
Featured in many magazines in which I've seen 3 of them are pretty big names in the magazine industry.
http://www.thunderdogstudios.com/press
Overall, this guy is a name that is really becoming well known in the Art Industry and is getting bigger every year. At this time he is known as a heavy weight.
Why would he work with Super Rad Toy's?
1) He already owns his own business but knows that venturing out with other businesses he can make his name bigger and bring in more profit for himself.
2) SRT sells Toys that Tristan is interested in making and designing.
3) He designed a toy for HASBRO when he was 18 years old and has been a regular consultant for them since then and is more than likely going to do the same with SRT.
4) Did I mention he's most likely going to get commission for designing toys for SRT? With his name behind the toy, he knows he's going to get a healthy commission and knows his name will just get bigger by spreading out to other businesses
5) It benefits both him and SRT because they BOTH are looking to make themselves more popular.
What draws the CEO of SRT and Tristan together?
Easy... They both are young and motivated and share the common interest of making it big in this world!
That's as far as I'm going to go on Tristan until I get a confirmation back from him that he is in fact working with SRT.
Let's focus our attention to the CEO because it is vitally important to figure out his true background of where he has been and what he has done.
Some of it is good and some of it is bad.
I'll start off with the BAD.
Liska Biometry (LSKA: OTC USA)
These guys are trading at .0019 right now, but the good thing is is that they aren't heavily diluted at all. In fact, the current O/S for that company is 74 million. Not bad, but this company is definitely a sinking ship. They were in their prime back in early 2000, but ever since then they've been sinking and will probably ( if they already aren't ) become a shell company and become a reverse merger candidate later on down the road.
Affiliation with Christopher LeClerc
"Mr. LeClerc has been President of Liska Biometry Inc. since September 2004 and Chief Financial Officer since June 6, 2006. Mr. LeClerc serves as Principal Accounting Officer of Liska Biometry Inc"
Opinion - He came in as President when Liska was already going down. I can only assume he was a) going to try to bring the company back up as a challenge for himself - which he failed or b) keep the company afloat long enough for his co-workers to find other jobs. Overall though, it doesn't look like he was a menacing CEO to shareholders in which he would have diluted heavily just to put money in his pocket and move on. It looks like he really tried to get this company back on its feet, but knew it was dying.
Piscataqua Growth Capital
I cannot find anything on this investment company. Can anyone help out and fill in the gap? My apologies.
China Advanced Technology
Mr. LeClerc served as the Chief Financial Officer and Treasurer of China Advanced Technology (formerly Vitalcare Diabetes Treatment Centers, Inc.) since March 2008.
Opinion - He was the CFO/Treasurer for this company in which it looks like they turned south and just diluted and did a reverse split 1-1000. Horrible... It makes me shutter to see that he was affiliated with this company. It looks like the company started out alright and then quickly went to crap and diluted on shareholder expense. If Chris would have been the CEO of this company, I would have raised a red flag for you guys on FBCD. For now... I'm putting a caution flag up for FBCD.
Wave Uranium Holding
On March 19, 2009, Cady Johnson resigned as President, Chief Executive Officer and Director of Wave Uranium Holding. On March 20, 2009, Wave Uranium Holding announced that the Christopher LeClerc, 34, was appointed President and Chief Executive Officer of the company. Mr. LeClerc has been the Company's Chief Financial Officer since June 2007 and a Director of the company since December 2007.
Then...
As of September 24, 2009, Wave Uranium Holding was acquired by FBC Holding, Inc., in a reverse merger transaction. Wave Uranium Holding, a development stage company, engages in the acquisition, exploration, and development of uranium properties in the United States. The company holds an option to earn 100% interest in the Wilson Creek project consisting of 10 claims situated in Gila County, Arizona. It also owns interest to acquire 1,200 mineral claims in Utah. The company is based in Las Vegas, Nevada.
Opinion - I can't really find much on how Wave Uranium Operated when Mr. Leclerc was the CEO/Director/CFO, but it all ended up with Wave Uranium Holding not bringing in profit and then doing a reverse merger. Within a year of him stepping into the position, he did a reverse merger with FBC Holding and then became the CEO of that company.
Overall opinion on his bad part of his past - He's definitely knowledgeable in the OTC Markets as he has been a successful OTC trader for Merrill Lynch and other Investment Firms, but when he plays as CEO things start to change for his success rate. The only extremely negative thing is the fact that he was CFO of the Chinese Advance Technology company. They did what many of us OTC players fear a company will do which is dilute heavily and R/S. He was the CFO though and not the CEO at that company. The other companies he was CEO/President of didn't really focus on heavy dilution, but they died (the earlier ones at least) or did a reverse merge with another company.
And now for the good.
When he was CEO of Liska Biometry, he didn't dilute the company to a worthless POS. He stayed with the company until it just turned into a useless shell. He took over at a bad time for the company and couldn't turn it around. It was a learning experience for him as that was the first time he was CEO of any company.
He doesn't have an established history of turning companies into crap by his own hands and defrauding shareholders.
The only thing that relates him to defrauding shareholders is when he was CFO of Vitalcare Diabetes Treatment Centers, Inc. (now China Advanced Technology which is a mere shell) and that company diluted heavily which overall lead to a reverse split. He was the CFO and Treasurer, which has the responsibility of managing financial risk of the company (CFO) and responsibility for liquidity risk management, cash management, issuing debt, foreign exchange and interest rate risk hedging, securitization, oversight of pension investment management, and capital structure (including share issuance and repurchase). They also typically advise the corporation on matters relating to corporate finance. Even though he had those responsibilities and was the person in charge of issuing debt (preferred and common shares of the company's capital structure) the CEO can still override anything that he may or may not want to do. So the dilution was mainly LeClerc's doing but it seems that it was the CEO who really pushed for it and then jumped ship. Again, defrauding in this scenario could have happened, but hasn't been proved. I can't really give an honest opinion on whether that was the case.
-Could it have been LeClerc that suggested massive dilution? *Maybe, but if it was, it was LeClerc just experimenting with the company for personal knowledge, but this is just speculation in which I doubt it was him who proceeded to enforce a massive dilution. I say this because the CEO of CADT was Learned Jeremiah Hand of North Carolina. I can only find one company that he was CEO of and that was in fact Vitalcare Diabetes Treatment Centers, Inc. before it became CADT. Throwing out speculation again, the CEO probably gave it a shot at running a company for the first, decided it wasn't for him when it wasn't working out, then started massive dilution to recoup any costs that came out of his pocket (which many first time business owners put money from their own pocket into a their company).
<<Quick background check on Learned Jeremiah Hand>>
Right now he is more of a Venture Capitalist / Entrepreneur (or so he claims from 2008) and has been investing in Bio-Tech companies with the amount of $10k-$100k. He doesn't seem to have his ducks in a row and has been hopping around in the Bio-Tech world looking for opportunities. As far as a professional career goes, he's closely linked to the Biomedical sector, but I can't find a degree that this guy holds right now ( this doesn't mean that he doesn't have a higher education degree though ).
Overall opinion and speculation on Super Rad Toys Inc.
From the looks of it, it looks like LeClerc might be trying to establish a company that is worthwhile. He hasn't been quite successful with it yet, but it's apparent that he is DEFINITELY trying to do something worth while because of the following reasons:
1) He is completely straying away from the Biomedical Industry (which he has been unsuccessful with) and is starting anew in the Art Industry
Major changes like that mean that the person is most likely finding something that interests them in which would make them more likely to succeed in. Remember the phrase or similar to, "Find a job that you love doing and not one that will just get you by and make you miserable." ? I'm thinking that phrase applies here.
2) He's using his business talent to attract big and popular names into his business.
3) He is optimistic about this company. I haven't seen anything where he has stated optimism in any other company that he has been affiliated with. I'm thinking he realized that the Biomedical world wasn't the right place for him.
Take what you want from this, crunch the information in your head, do extensive research and add on to this. This DD is designed with facts and opinions from myself in order to further your knowledge about this company, the CEO, and anything else that links the two together.
Overall risk factor: Medium/High
Overall reward factor: High/Very High
Overall risk of massive dilution: Low/Medium
Fresh DD
Baked Today and ready to serve
After seeing Tristan Eaton's name pop up for FBCD, I decided to do some down and dirty searching for my DD on FBCD (Super Rad Toys).
http://www.tristaneaton.net/biography
His Biography is pretty solid and I'm intrigued by the fact that he has been in the Art Industry for quite some time now and has made a name for himself. Not only that, he lived in London, New York, and LA which are two huge places where artists thrive. His clients are many in which a good chunk of them are big name industry's. "As a creative leader in the world of advertising, Eaton regularly consults such brands as Hasbro, Pepsi and Nike on many creative projects that span the globe and cross all mediums ."(www.tristaneaton.net/biography) He regularly is a consultant for Hasbro, Pepsi and Nike? Yes, yes he is.
Here is a website that is similar to wikipedia, but for Artists and as you can see at the bottom of the page there are toys, Tristan's toys, that have a similar design to what SRT has.
http://www.vinyl-creep.net/Tristan_Eaton
Look at the toys SRT creates and look at the ones Tristan created. I'm sure Tristan felt comfortable with hopping on board with these guys as they both have similar interests!
Let's look at Tristan's history of success
------------------------------------------
Born in Los Angeles in 1978, Tristan Eaton began pursuing street art as a teenager, painting everything from billboards to dumpsters in the urban landscape of wherever he lived, including London, England and Detroit, Michigan. Eaton then moved to New York City to study at the School of Visual Arts, but conveniently dropped out (which means he realized he didn't need to go any further in College to be able to succeed in the world) to pursue commercial projects. Since then, Eaton has been the Director of Toy Design for the infamous Kidrobot, held a teaching position at The Parsons School of Design and recently formed ‘THUNDERDOG’, his very own toy label & full service design studio, based in D.U.M.B.O., Brooklyn. Eaton’s prominent work in the field of ‘Designer Toys’ has led to international recognition and infamous collaborations with noted artists and fashion designers around the world.
2006
‘NO SKOOL’ A collaborative exhibition by: SEEN UA & TRISTAN EATON
January 13th, 2006 to January 31st
OPENING RECEPTION: January 13th, 2006 7-11pm
@ THE SHOWROOM NYC
117 Second Ave, 2nd Floor
New York, NY 10003
http://www.woostercollective.com/2006/01/event_sean_and_trisan_eaton_in_new_york.html
2010
Used by PEPSI Co. for their Brisk Ice Tea label in early versions
http://www.postersandprintsblog.com/postersandprintsblog/tag/tristan-eaton
He is apart of CMYK collaborations with a description of "Tristan Eaton is everywhere, his iconic and bold imagery is a part of your life whether you know it or not. While maintaining a high profile in the commercial design industry he also disseminates his own message on streets across the world. We highly suggest taking a further look at Tristan’s work at tristaneaton.net
Tristan Eaton and CMYK Projects have teamed up to bring you the first in a series of prints based on high profile murals created by Tristan. “Wild Beauty” is based off a mural Tristan created in Miami during Art Basel last year with Primary Flight."
http://www.cmykprojects.com/artists/tristan-eaton/
Featured in many magazines in which I've seen 3 of them are pretty big names in the magazine industry.
http://www.thunderdogstudios.com/press
Overall, this guy is a name that is really becoming well known in the Art Industry and is getting bigger every year. At this time he is known as a heavy weight.
Why would he work with Super Rad Toy's?
1) He already owns his own business but knows that venturing out with other businesses he can make his name bigger and bring in more profit for himself.
2) SRT sells Toys that Tristan is interested in making and designing.
3) He designed a toy for HASBRO when he was 18 years old and has been a regular consultant for them since then and is more than likely going to do the same with SRT.
4) Did I mention he's most likely going to get commission for designing toys for SRT? With his name behind the toy, he knows he's going to get a healthy commission and knows his name will just get bigger by spreading out to other businesses
5) It benefits both him and SRT because they BOTH are looking to make themselves more popular.
What draws the CEO of SRT and Tristan together?
Easy... They both are young and motivated and share the common interest of making it big in this world!
That's as far as I'm going to go on Tristan until I get a confirmation back from him that he is in fact working with SRT.
Let's focus our attention to the CEO because it is vitally important to figure out his true background of where he has been and what he has done.
Some of it is good and some of it is bad.
I'll start off with the BAD.
Liska Biometry (LSKA: OTC USA)
These guys are trading at .0019 right now, but the good thing is is that they aren't heavily diluted at all. In fact, the current O/S for that company is 74 million. Not bad, but this company is definitely a sinking ship. They were in their prime back in early 2000, but ever since then they've been sinking and will probably ( if they already aren't ) become a shell company and become a reverse merger candidate later on down the road.
Affiliation with Christopher LeClerc
"Mr. LeClerc has been President of Liska Biometry Inc. since September 2004 and Chief Financial Officer since June 6, 2006. Mr. LeClerc serves as Principal Accounting Officer of Liska Biometry Inc"
Opinion - He came in as President when Liska was already going down. I can only assume he was a) going to try to bring the company back up as a challenge for himself - which he failed or b) keep the company afloat long enough for his co-workers to find other jobs. Overall though, it doesn't look like he was a menacing CEO to shareholders in which he would have diluted heavily just to put money in his pocket and move on. It looks like he really tried to get this company back on its feet, but knew it was dying.
Piscataqua Growth Capital
I cannot find anything on this investment company. Can anyone help out and fill in the gap? My apologies.
China Advanced Technology
Mr. LeClerc served as the Chief Financial Officer and Treasurer of China Advanced Technology (formerly Vitalcare Diabetes Treatment Centers, Inc.) since March 2008.
Opinion - He was the CFO/Treasurer for this company in which it looks like they turned south and just diluted and did a reverse split 1-1000. Horrible... It makes me shutter to see that he was affiliated with this company. It looks like the company started out alright and then quickly went to crap and diluted on shareholder expense. If Chris would have been the CEO of this company, I would have raised a red flag for you guys on FBCD. For now... I'm putting a caution flag up for FBCD.
Wave Uranium Holding
On March 19, 2009, Cady Johnson resigned as President, Chief Executive Officer and Director of Wave Uranium Holding. On March 20, 2009, Wave Uranium Holding announced that the Christopher LeClerc, 34, was appointed President and Chief Executive Officer of the company. Mr. LeClerc has been the Company's Chief Financial Officer since June 2007 and a Director of the company since December 2007.
Then...
As of September 24, 2009, Wave Uranium Holding was acquired by FBC Holding, Inc., in a reverse merger transaction. Wave Uranium Holding, a development stage company, engages in the acquisition, exploration, and development of uranium properties in the United States. The company holds an option to earn 100% interest in the Wilson Creek project consisting of 10 claims situated in Gila County, Arizona. It also owns interest to acquire 1,200 mineral claims in Utah. The company is based in Las Vegas, Nevada.
Opinion - I can't really find much on how Wave Uranium Operated when Mr. Leclerc was the CEO/Director/CFO, but it all ended up with Wave Uranium Holding not bringing in profit and then doing a reverse merger. Within a year of him stepping into the position, he did a reverse merger with FBC Holding and then became the CEO of that company.
Overall opinion on his bad part of his past - He's definitely knowledgeable in the OTC Markets as he has been a successful OTC trader for Merrill Lynch and other Investment Firms, but when he plays as CEO things start to change for his success rate. The only extremely negative thing is the fact that he was CFO of the Chinese Advance Technology company. They did what many of us OTC players fear a company will do which is dilute heavily and R/S. He was the CFO though and not the CEO at that company. The other companies he was CEO/President of didn't really focus on heavy dilution, but they died (the earlier ones at least) or did a reverse merge with another company.
And now for the good.
When he was CEO of Liska Biometry, he didn't dilute the company to a worthless POS. He stayed with the company until it just turned into a useless shell. He took over at a bad time for the company and couldn't turn it around. It was a learning experience for him as that was the first time he was CEO of any company.
He doesn't have an established history of turning companies into crap by his own hands and defrauding shareholders.
The only thing that relates him to defrauding shareholders is when he was CFO of Vitalcare Diabetes Treatment Centers, Inc. (now China Advanced Technology which is a mere shell) and that company diluted heavily which overall lead to a reverse split. He was the CFO and Treasurer, which has the responsibility of managing financial risk of the company (CFO) and responsibility for liquidity risk management, cash management, issuing debt, foreign exchange and interest rate risk hedging, securitization, oversight of pension investment management, and capital structure (including share issuance and repurchase). They also typically advise the corporation on matters relating to corporate finance. Even though he had those responsibilities and was the person in charge of issuing debt (preferred and common shares of the company's capital structure) the CEO can still override anything that he may or may not want to do. So the dilution was mainly LeClerc's doing but it seems that it was the CEO who really pushed for it and then jumped ship. Again, defrauding in this scenario could have happened, but hasn't been proved. I can't really give an honest opinion on whether that was the case.
-Could it have been LeClerc that suggested massive dilution? *Maybe, but if it was, it was LeClerc just experimenting with the company for personal knowledge, but this is just speculation in which I doubt it was him who proceeded to enforce a massive dilution. I say this because the CEO of CADT was Learned Jeremiah Hand of North Carolina. I can only find one company that he was CEO of and that was in fact Vitalcare Diabetes Treatment Centers, Inc. before it became CADT. Throwing out speculation again, the CEO probably gave it a shot at running a company for the first, decided it wasn't for him when it wasn't working out, then started massive dilution to recoup any costs that came out of his pocket (which many first time business owners put money from their own pocket into a their company).
<<Quick background check on Learned Jeremiah Hand>>
Right now he is more of a Venture Capitalist / Entrepreneur (or so he claims from 2008) and has been investing in Bio-Tech companies with the amount of $10k-$100k. He doesn't seem to have his ducks in a row and has been hopping around in the Bio-Tech world looking for opportunities. As far as a professional career goes, he's closely linked to the Biomedical sector, but I can't find a degree that this guy holds right now ( this doesn't mean that he doesn't have a higher education degree though ).
Overall opinion and speculation on Super Rad Toys Inc.
From the looks of it, it looks like LeClerc might be trying to establish a company that is worthwhile. He hasn't been quite successful with it yet, but it's apparent that he is DEFINITELY trying to do something worth while because of the following reasons:
1) He is completely straying away from the Biomedical Industry (which he has been unsuccessful with) and is starting anew in the Art Industry
Major changes like that mean that the person is most likely finding something that interests them in which would make them more likely to succeed in. Remember the phrase or similar to, "Find a job that you love doing and not one that will just get you by and make you miserable." ? I'm thinking that phrase applies here.
2) He's using his business talent to attract big and popular names into his business.
3) He is optimistic about this company. I haven't seen anything where he has stated optimism in any other company that he has been affiliated with. I'm thinking he realized that the Biomedical world wasn't the right place for him.
Take what you want from this, crunch the information in your head, do extensive research and add on to this. This DD is designed with facts and opinions from myself in order to further your knowledge about this company, the CEO, and anything else that links the two together.
Overall risk factor: Medium/High
Overall reward factor: High/Very High
Overall risk of massive dilution: Low/Medium
No one apparently understood how big this was. I've mentioned before that this is an extremely large merger because you are literally taking a shell company that JUST started getting contracts and merging it with a well established private company that has billions in assets and contracts and when it comes down to the nitty gritty... thats just a lot of paperwork, auditing, and planning. I was looking forward to a delay because of this in order to prevent a red flag being raised. I was going to sell if they had PR'd that the merger was complete this week because these two companies didn't have the resources or the time to complete this thing in a matter of a month and a half. Did anyone else not notice this? How many of you guys have actually played mergers close to this size? It's not as fast as these two companies wanted it to be... lol
Its not a pink sheet scam because Seawind has acknowledged the merger... I know because I called them.
Yes.. the bashers will have nothing but speculation though. I always try to find the worst in a stock before I start speaking about the pro's of it and its just too hard to really find anything wrong with this company and this merger....
No... if anything I expect to see a slow and steady climb after a small jolt today. I've seen something like this happen before, but the merger was smaller. Granted, this is just my speculation on the authorized share structure, but I had a feeling they were going to have to increase authorized shares higher than what they had planned due to the fact that this merger is THAT big. It makes sense and when Seawind and PSPW started talking and planning they both came to a realization that they were going to have to do a lot more than planned in order to make this a truly successful company after the end result. I'm impressed that they are actually playing it safe because it shows investors that they are serious about making this work!
This is just taken from Seawind UK
http://www.seawind.uk.com/includes/Documents/
$10 is actually realistic though... that's the thing. You really need to look at the assets that Seawind has and look at what PSPW. These guys are merging together which will combine assets and bring in a huge amount of revenue. What I'm looking for is how much higher it's going to go past $10 since the assets of Seawind are pretty large. Combine that with the share structure after Seawind's Fins are released and see how much debt they have (if any?) and then you'll see why so many of us are seeing such a high amount...
Yup... guy is a classic pumper.
My Scottrade has shown that for the past 3 weeks now.
When someone says that a premium price for this stock is .20 or .30 I would have to disagree. The reason being is because the premium price will be 30% lower than what his stock will eventually hit when the merger completes and fins are released. From what I've gathered and calculated, the "premiums" will be around $6 within this year. Again, this estimate is a little conservative.
Veloyt, I love your pitch on PSPW in your profile. That tickled me.
Seriously though, look through all of PSPW's PR's and you'll find your answer on whether or not there exists a possibility of the PR you fear.
I wish everyone would do that on investor boards. Sadly, that's something that can't be achieved.
Sounds like you've been involved in a lot of sub-penny stocks. Don't you love the fluff PR's saying they will put out more fluff PR's that say they will put out more material PR's in the future? This isn't that type of company though... lol.
Because of the low share structure. You'll see this on pretty much every stock that trades occasionally with a low share structure.
As much as I hate blasting stocks on another board, I honestly believe PSPW is going to be a 50 bagger within a year... not even kidding.
Uhhh.... can't predict that. The things that roll up in 3Power after a finalized merger is something I've never seen before in such great amounts. I can't really say. $1 is probably by far the lowest it'll touch after the run.