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Just received this via email from SBRH, 11:06 AM, C.S.T., 09/25/2012:
Thank you all for the continue support of Sebastian River Holdings!
After much consideration from the Board of Directors, myself and you the Shareholders’ input, we have entered a motion to ‘freeze’ our Authorized shares for the period of 1 (one) year. This resolution encompassed our long-term debt holders who have further agreed not to enter any conversion into equity that would surpass the Authorized shares, allowing full protection of stock classified as Common. The adoption of this resolution took place on Friday, September 21, 2012.
The company’s status with OTC Markets, Inc. is delayed. We have been requested to submit specific disclosures that we did not have on record so we have turned to our Legal Counsel and Accountant to produce the necessary information in the requested format, we should be seeing the final product of this on Friday and pending review period move to the Current Information tier shortly thereafter. While we are frustrated with this temporary hold-up-- we do want to be certain that we meet all the necessary points of disclosure under the Alternative Reporting Standard. I’m personally overlooking and insuring this information is being produced in an expedited fashion.
To read the entire Resolution fully executed by all debt holders and the officer of the company: Click Here!
Sincerely,
Dan Benjamin,
CEO & Chairman
Your comment just adds to the validity and emphasis for "two" PR's vs. one PR IMO. Thank you.
I'd prefer seeing "two" separate PR's issued, however, I don't know what Dan's marketing costs are. I suspect he'd take "cost" into consideration as to whether to combine PR's or go separate.
Keep in mind Dan's response to my question (during the recent SBRH/Stockholders Conference Call), "How many streams of income will you have within SBRH?" He said, "FIVE!"
ACTC is headed for great things - worldwide. Not only will hundreds and hundreds of thousand of people be helped through ACTC's research -- investors will be richly rewarded! JMHO <<<< one if strongly believe in!
Not a thing from IR or James since July 30, 2012. WHY NOT????????
any projections on pps say by the end of Q4?
Anticipated "revenue streams" from Dan: "In the next 24 months we antipate consolidated revenue through wholly-owned companies to be coming from 5 different souces. This number is subject to change based on performance of revenue and ability to access free capital."
thanks jaytrader5 - I'm in
Nor can I. This is a painfully slow process.
and now....they closed yesterday at $0.048 per share. Some big bag holders around I'd bet. LOL
I'm not sure if/when the last time information about this Wednesday's SBRH conference call was posted....however, for those interested I hope this will be helpful to you.
Shareholder Conference Signup
On September 19th 2012 12:00 PM Pacific Time, I will be hosting a Live Shareholder Conference Chat on our Website SBRHInc.com, this chat is to answer any questions investors and potential investors may have and explain a bit more about some of our latest projects and the progress being made behind the scenes. If you would like to participate in the Conference please go to our website at http://sbrhinc.com/investor-relations/shareholder-conference-chat-signup/ and signup!
I look forward to chatting with all of you, some familiar faces and those who I haven't had the pleasure of speaking with yet.
I'm "long." Haven't attempted to sell....and have no interest in selling until we at least reach "silver!" That means $0.10+!!!!!!
Great chart/summary, BOS. Looking forward to seeing the next 10-Q on Sept. 30, 2012 - or thereabouts.
Evening RENU investors. Had to take a break and watch the Packers & the Bears tonight....P won. Now...look forward to RENU being a long-term winner for us all!
I'm not discouraged either. I know what I own and am in no hurry for this to pan out fantastically for me...and I hope many others as well.
BOS, I've owned SBRH since 06/23/2010 and have NEVER sold a single share! The SBRH laundramat was quite busy today - it'll have its ups and downs - as most stocks do. I'm neither a pumper or a basher - never have been. Also BOS, thanks for sharing the quote you posted yesterday from Jessie Livermore. I liked it and copied and pasted it to another board referencing you, "BOS," for posting it in the first place. Thank you.
I hold and add to a very large position in SBRH and many other companies, BOS. I do a lot of research. I'm out to consistenly make money and want to see everyone profit from their investment(s) as I DO!
I'm looking forward to reviewing the Oct. 2012 issue of "Consumer Reports" magazine and their article about "solar company fraud."
Thought all of you might enjoy reading this and I'll give credit to my source, BOS, from another board:
Quote:
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Jesse Livermore, the greatest stock operator and speculator of all time, once said:
“And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I’ve known many men who were right at exactly the right time, and began buying and selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine – that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance.”
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I use both ETrade and Scottrade - never a problem with either - going on 15 years now.
I'm holding onto all of my shares ... continuing to believe in this company! PERIOD
As I've said for months....we're in a state of "wash, rinse, and repeat"..and today is no different. GLTA
It has been six weeks since we've had a corporate release from RENU.
ah..I fully understand. More than once it has irked me to see someone sell when I felt/believed a rally was underway. But again...there are those who love those short-term gains. Now..time for a late lunch here. GO SBRH
Maybe...but appears and has appeared to me for many "months" that some traders are satisfied and will eagerly take 7% to 15% gains....and then repeat the process. I describe such trading for those profits (once again)as: "wash, rinse, repeat."
ha...smiles as I watch (constantly) sellers (regardless of who they are) taking their little 9% profit....throughout the day. But..profit is profit. Meanwhile, bring on the pennies, the nickles (until the gov't stops making nickles as we know them - and they will), and the silver coins.
This stock, like so many others, has hype behind it - pumpers - and it goes through a "wash, rinse, repeat cycle" and often!! Technicals, charts, PRs are quite irrelevant. Sellers are happy with seven to nine percent returns. "Wash, Rinse, Repeat." Expect it...it "IS" going to happen again and again.
SBRH submitted their news release to my email about 7 minutes ago.
"The records in their entirety will bring the company to the “Current Information” tier and remove the “Caveat Emptor” sign to resume quoting of the Company’s Common Stock." From SBRH's news release, today!
Sure a lot of negative stuff on here this Monday night...wow. I've a LOT of ACTC stock and I see the big picture down the road....and still believe strongly in ACTC and will continue to do so.
When they were affiliated with Korea -- I'd sent two or three emails to them....never ever got a response from them either. But surely do believe we're in far better hands/brains now...than then.
Yes, I just read what you posted on SBRH's website via FB.
ha...and Chevy "OR" the dealer may be "right!" LOL
geeze...lol...how in the world did you arrive at 0.0008 and 0.0006? LOL
Dave - well said! I'm heavily invested in ACTC (as are MANY of my relatives) and we "all" see massive returns years down the road...and yes, the wait-time isn't an issue for us. We "KNOW WHAT WE OWN!"
And....your price expectation is????
NO....I am not!
Check out EDIG - E Digital. Back in the late 1990s/early 2000s...that stock was $0.0001 and I babied that sucker and milked it out at $21.34 per share.....netted over $2.3 million for me. So don't tell me it can't and hasn't happened!
Is that your "link?" Sorry...not very valid and or useful. But..thanks for the attempt.