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About Zune:
Microsoft’s Zune Delivers Connected Music and Entertainment Experience
Built-in wireless technology lets consumers share experiences device to device.
Related Links
Virtual Pressroom
• Zune Virtual Press Kit
Broadcast Newsroom
• Zune Video Clips (registration required)
Editors' update – Sept. 28, 2006 – Some references to "FM tuner" have been corrected to read "FM transmitter."
REDMOND, Wash. — Sept. 14, 2006 — Marking the next big milestone for its Connected Entertainment vision, Microsoft Corp. today unveiled details of the first products to be released under its Zune™ brand. Designed around the principles of sharing, discovery and community, Zune will create new ways for consumers to connect and share entertainment experiences. The Zune experience centers around connection — connection to your library, connection to friends, connection to community and connection to other devices.
“The digital music entertainment revolution is just beginning,” said J Allard, vice president, design and development, at Microsoft, who is leading the charge for building the family of Zune products. “With Zune, we are not simply delivering a portable device, we are introducing a new platform that helps bring artists closer to their audiences and helps people find new music and develop new social connections.”
The Zune Experience
Available this holiday season in the United States, Zune includes a 30GB digital media player, the Zune Marketplace music service and a foundation for an online community that will enable music fans to discover new music. The Zune device features wireless technology, a built-in FM tuner and a bright, 3-inch screen that allows users to not only show off music, pictures and video, but also to customize the experience with personal pictures or themes to truly make the device their own. Zune comes in three colors: black, brown and white.
Every Zune device creates an opportunity for connection. Wireless Zune-to-Zune sharing lets consumers spontaneously share full-length sample tracks of select songs, homemade recordings, playlists or pictures with friends between Zune devices. Listen to the full track of any song you receive up to three times over three days. If you like a song you hear and want to buy it, you can flag it right on your device and easily purchase it from the Zune Marketplace.
Zune makes it easy to find music you love — whether it’s songs in your existing library or new music from the Zune Marketplace. Easily import your existing music, pictures and videos in many popular formats and browse millions of songs on Zune Marketplace, where you can choose to purchase tracks individually or to buy a Zune Pass subscription to download as many songs as you want for a flat fee.
To get started with great music and videos out of the box, every Zune device is preloaded with content from record labels such as DTS, EMI Music’s Astralwerks Records and Virgin Records, Ninja Tune, Playlouderecordings, Quango Music Group, Sub Pop Records, and V2/Artemis Records.
Zune Accessories
To enhance the Zune experience, three accessory packs help Zune users enjoy their music where they want to, at home or on the road. The packs and the individual accessories, all designed exclusively for Zune, will be available at launch:
• The Zune Car Pack includes everything needed to hit the road with a Zune device, such as the built-in FM transmitter with AutoSeek and the Zune Car Charger.
• The Zune Home A/V Pack enhances your experience in the home through five products that integrate Zune with the TV and music speakers: Zune AV Output Cable, Zune Dock, Zune Sync Cable, Zune AC Adapter and the Zune Wireless Remote for Zune Dock.
• Zune Travel Pack is a set of five products designed to keep friends and family entertained on the road: Zune Premium Earphones, Zune Dual Connect Remote, Zune Gear Bag, Zune Sync Cable and the Zune AC Adapter.
Providing consumers with additional options to customize and personalize their Zune experience, Microsoft is also working with leading accessory manufacturers Altec Lansing, Belkin Corp., Digital Lifestyle Outfitters (DLO), Dual Electronics, Griffin Technology, Harman Kardon and JBL, Integrated Mobile Electronics, Jamo International, Klipsch Audio Technologies, Logitech, Monster Cable Products Inc., Speck, Targus Group International Inc. and VAF Research
The Future is Bright
In addition to the features available at launch, built-in wireless technology and powerful software provide a strong foundation to continue to build new shared experiences around music and video. As Zune evolves, the device can be easily updated. The Zune software on your PC will let you know when these updates are available for download.
About Zune
Zune is Microsoft’s music and entertainment platform that provides an end-to-end solution for Connected Entertainment. The Zune experience includes a 30GB digital media player, the Zune Marketplace music service, and a foundation for an online community that will enable music fans to discover new music. Inspired by the vast and varied community of music fans, Zune focuses on helping emerging artists shape the digital canvas. Zune is part of Microsoft’s Entertainment and Devices division and supports the company’s software-based services vision to help drive innovation in the digital entertainment space. More information can be found online at http://www.microsoft.com/presspass/presskits/zune.
http://www.microsoft.com/presspass/press/2006/sep06/09-14ZuneUnveilingPR.mspx
MrKush, I'm sorry I don't know the answers to your questions. You can try calling their pr guy or the company directly.
Rick Lutz, LC Group(404) 261-1196
MrKush, this is what Joe M. said about why they were issuing the pr: "'there are so many exciting events taking place in our company that I felt that it was very important for me to provide our shareholders with an operational update before the end of Q-4.'".
They do have a pr agency so not sure who writes the copy for the press releases.
Now, if your next question is "why don't they use the ad agency and/or waste the funds on pr company when they have an ad agency"...I have no idea, you'll have to check with IMMG. :)
OT: Homeport, it's a joke based on something Oliphant posted last week. See the ibox on the JDZ board.
http://www.investorshub.com/boards/board.asp?board_id=5564
Do you mean this?
Advanced Cell Technology's Dr. Robert Lanza Will Be a Featured Speaker at the 6th Annual Stem Cells & Regenerative Medicine Meeting
Oct 13 2006, 6:12 PM EST
BIOWIRE
Advanced Cell Technology, Inc.'s (OTCBB:ACTC) Robert Lanza, M.D., Vice President of Research & Scientific Development, will speak on "Human ESC-Derived Cells for Rescue of Visual Function and Repair of Vascular Damage," at the 6th Annual Stem Cells & Regenerative Medicine meeting October 16-17, 2006 at the Renaissance Pittsburgh Hotel in Pittsburgh, PA. Dr. Lanza will present on Monday, October 16th at 9:30 a.m. and such presentation shall be available on the company's website.
Embryonic stem cells promise to provide a well-characterized and reproducible source of replacement tissue for human clinical studies. Two early potential applications of this technology are the use of human embryonic stem cell (hESC)-derived retinal pigment epithelium (RPE) for the treatment of retinal degenerative diseases such as macular degeneration and retinitis pigmentosa, and the use of hESC-derived hemangioblasts for vascular restoration of organs and limbs. Recent progress using these cells to affect substantial functional and morphological rescue in animals will be discussed.
I wonder if the buying is based on this article. I don't have a subscription so can only get this much of it.
"Blastomere Blowup
A novel way to harvest stem cells intrigues and inflames
By Charles Q. Choi
A method that can generate human embryonic stem cells without harming embryos? In August biotechnology firm Advanced Cell Technology (ACT) in Worcester, Mass., claimed it had developed just such a procedure. The company touted it as a way around the firestorm of controversy surrounding the conventional technique for growing these cells, which destroys human embryos. Most researchers find the method intriguing, because it might lead to new and maybe better stem cell lines. But several also argue that it raises fresh dilemmas.
Scientists investigate human embryonic stem cells because they can become any other kind of cell. As such, they hold great promise in regenerating body parts. Conventionally, researchers rely on embryos produced during in vitro fertilization (IVF) attempts, removing the inner cell mass from embryos that have grown to 50 to 100 cells. Currently at least 400,000 frozen embryos lie unused in U.S. fertility clinics, and thousands are typically discarded annually....continued at Scientific American Digital"
FWIW, on AMTD, I have these choices in routing: "Auto, INET, ARCA". Not sure if "auto" (automatic) goes through one of these, though.
I think this is what you're referring to:
WiCell Forms Stem-Cell Partnership With California Company
Federal Approval Still Needed
POSTED: 7:55 pm CDT September 13, 2006
MADISON, Wis. -- A partnership has been forged between Madison stem-cell research institute WiCell and a California company, and if it gains federal approval it could give researchers more embryonic cells to work with.
http://www.channel3000.com/health/9844025/detail.html
"About WiCell
The WiCell Research Institute is dedicated to expanding the frontiers of science and medicine by unlocking the potential of stem cells. As a supporting organization of the University of Wisconsin-Madison, WiCell conducts research, supports research at UW-Madison, hosts the National Stem Cell Bank, provides training for scientists, and offers educational outreach programs for K-12 students and the community."
http://www.wicell.org/
Impart Media Group Releases Operational Update on Progress in Recurring Revenue Model
Monday October 16, 8:00 am ET
Reduction in Overhead Shortens Anticipated Time To Positive Cash Flow As Impart IQ(TM) Contracts Ramp Up
SEATTLE, Oct. 16 /PRNewswire-FirstCall/ -- Impart Media Group, Inc. (OTCBB: IMMG - News), a unique full service provider of hardware, content, and advertising for digital media networks announced today an operational update to its shareholders on organizational changes, refocus of the company, and recent momentum in building revenue. According to Joe F. Martinez, the company's Chairman, CEO and Principal Financial Officer, "there are so many exciting events taking place in our company that I felt that it was very important for me to provide our shareholders with an operational update before the end of Q-4." Mr. Martinez went on to say, "since I assumed full responsibility, earlier this year, for the direction of the public company, we had a lot of challenges and I felt there was a need to refocus the company and streamline our business, so that we could more effectively chart our course for what we believe is going to be a very successful 2007. In an effort to communicate these internal, business strategic developments to our shareholders and investors, we felt it was better to address these important changes via a press release, rather than the traditional conference call or annual letter to the shareholders." Martinez elaborated, "I am very bullish on our business and thank our shareholders and investors for their patience during the last few months that we have been restructuring our business."
In an effort to respond to the changing environment, the company has recently reduced operating costs and overhead by approximately $100,000 per month. This significant adjustment in operating costs and realigning of corporate overhead -- along with new contracts -- will get the company to a positive cash flow position sooner than previously forecasted. In concert with this corporate refocus, the Mobile Media business unit, inherited in the acquisition of Limelight Media, has been permanently closed, since it was not in line with the company's digital and electronic focus. Additionally, the business that is defined as the capital intensive revenue model, where the equipment supplier provides all of the capital expenditures (and assumed risks) for the placement of equipment in venues, such as retail stores, malls, public spaces, and airports and subsequently sells advertising -- has been frozen due to the tremendous upfront cash requirement and uncertain return offered by this revenue model. The company has decided to focus on the placement of its own proprietary equipment offered by the Impart IQ(TM) digital signage and interactive media products. The capital expenditure or CapEX revenue model will be revisited, once the company achieves profitability and raises additional capital to strengthen its balance sheet so that it can secure venues that are demographically desirable and insure optimal, out-of- home audience reach resulting in high margin advertising dollars. Martinez elaborated, "we believe in the advertising revenue model and feel that the future of the specific digital delivery of relevant content and advertising to a targeted demographic is probably the most target rich environment for the future of advertisement. This has been demonstrated, with far-reaching implications, by companies such as Google. However, the space in the Out-of- Home advertising sector is still in a state of flux -- with the CPM (Cost per thousand) metric derived for billboard advertising -- and the Page View for the Internet -- both having problems truly measuring their effectiveness. Brands and advertisers want additional metrics that validate their expenditures, as they migrate from traditional advertising media, such as network television -- whose advertising dollars continue to degrade, as TV continues to lose its audience from the likes of TiVo, video gaming, Internet, OnDemand, and DVD's."
In addition -- after a thorough review by the company's auditors -- the revenue recognition issue of the company's acquisition of E&M Advertising necessitated that E&M's revenue be recognized as net versus gross. Despite the fact that the E&M revenue was historically recorded in this manner, for the past twenty (20) plus years under the guidance of the company's accountants, the company will continue to use the more conservative number of net revenue for recognition, to insure complete compliance with GAAP accounting principles. This treatment of the revenue, however, will have no effect on the recognition of net profit.
Impart Media Advertising (d/b/a E&M Advertising) is an agency specializing in direct response advertising in electronic media, television, radio, and online and has been in business more than 25 years dealing both directly with client and agency partners. Current clients include AARP, Turtle Wax, CarStar, Community Health Plan, Premera Blue Cross of WA, OR and AZ, Telebrands, SMC Specialty Merchandising Corp., Life Alert, Lava Life, Bargain Network, My Fico (Fair Isaac parent company), among others. Impart Media Advertising has 29 employees and operates out of 3 offices in New York, Los Angeles and Las Vegas. As the full integration of both companies progresses, Impart anticipates crossover of mutual clients and the revenue model to be more services driven, therefore having more of its revenue from new contracts recognized as gross versus net.
Clients such as Dole, AT&T among others are large companies that have gone through significant pilot testing of the company's Impart IQ(TM) products. Projects of this magnitude deserve the testing and research needed to deploy a successful network. Other Impart clients have had deployments delayed due to budgets, contract issues, internal jurisdiction and/or ownership of the project. For example, does IT or marketing handle the deployment? ... or is it a combination of both?? Formal guidelines and processes have not been formulated in most Fortune 1000 companies, who represent Impart's core customer base. However, the acceptance of the Impart IQ(TM) product line -- with an "iPod type" ease of use -- should streamline the decision process, as the industry matures and the mass deployment cycle shortens. This is already evident with a series of important and very major client acquisitions that the company will be announcing by year-end, when marketing departments approve project releases to the public-at-large.
Impart has already over twenty-five (25) Impart IQ Box(TM) or Impart IQ Interactive(TM) clients including: AT&T, Microsoft, Nordstrom, RediClinic, Clem Cards, MediPlay, EyePlay, Retail Entertainment, Definitive Solutions, Dole, and others. The company will have delivered, by November 1st, more than 500 Impart IQ(TM) systems to clients. Impart has experienced significant market interest and industry acceptance, since the platform introduction of their innovative digital signage media server/player at the Digital Retailing Expo (DRE) in May 2006.
Significantly, the Impart IQ Box(TM) represented the system platform launch -- with many supportive and complementary products and services that Impart is announcing this year and into next year. At the just completed, Digital Signage Investors Conference in New York City, where the company's CEO presented, there was further validation by industry wide consultants that the interactive, consumer-friendly high touch approach that the Impart IQ(TM) product line delivers is the future for the delivery of relevant content and targeted advertising to consumers.
Impart unveiled in August, the Impart IQ Live(TM) -- for live TV or security feeds -- generating immediate interest in the hospitality industry, including hotels, convention centers, and restaurants ... and more recently, for interactive media or kiosk applications, Impart introduced its robust and scalable, Impart IQ Interactive(TM) system.
Completing the innovative and expanded platform capabilities, the company will also be releasing Impart IQ Streams(TM) (with simple, web portal accessible, environment compatible infotainment content) and Impart IQ Ads(TM) (with easy, web portal selectable and venue relevant, ad inserts) in 4th quarter 2006 and 1st quarter 2007, respectively.
The company continues to expand its channel and content partners ("Impartner") network. With the creation of the comprehensive Impart IQ(TM) product family, Impart is again marketing to channel partners and distributors such as NJ based, Vira Manufacturing -- who has integrated the Impart IQ(TM) solution into their in-store fixture design solutions, Harbor Industries, Design Forum, Advanced Method, and others. Impart sees this "Impartner" channel network approach as the most efficient and timely way to impact the marketplace and accelerate Impart IQ(TM) acceptance, both domestically and internationally.
The company expects to report its Third Quarter financial results by November 15th.
ARSS: Serious pump going on - I have received 6 emails re: this pinky since Friday. "Current price $4.10 - 1 week projection $8.00"
Wisconsin researchers defend stem cell company
They say single-cell derivation technique has merit
Joe Vanden Plas • Published 10/13/06
Milwaukee, Wis. - Now that the dust has settled in the case of Advanced Cell Technology vs. critics in the scientific community, just what is the judgment of Wisconsin scientists as to the ethical behavior of the Alameda, Calif.-based company?
The question was put to three stem cell researchers who recently spoke on stem cell basics at the Medical College of Wisconsin. Unlike ACT's most vocal critics, who charged fraud and suggested the company exaggerates its findings whenever it needs venture capital, Clive Svendsen, Stephen Duncan, and John Lough said there is some merit to the company's discovery.
The controversy began in late August, when ACT Vice President of Research and Scientific Development Robert Lanza published a paper describing a new technique in the peer-reviewed journal Nature. According to the paper, the technique enabled scientists to develop human embryonic stem cells with a single-cell biopsy technique that was not harmful to embryos.
The hope was that the new method could be used to overcome the ethical issues associated with current methods of stem cell extraction, in which embryos are destroyed, and increase the number of stem cell lines available for research.
It later was reported that every embryo actually was killed to extract their stem cells, but ACT, a biotechnology company that is applying stem cell technology to regenerative medicine, continues to tout the promise of extracting viable stem cell lines from early cells - including existing fertility tests that are used to check for disease or genetic deficits.
The method, while still unproven, had enough potential for the WiCell Research Institute, an arm of the Wisconsin Alumni Research Foundation, to enter into a tentative licensing agreement to distribute cell lines produced by the new technique. The agreement is contingent on federal recognition and funding of the lines.
It also gave Wisconsin gubernatorial candidate Mark Green, who has opposed new federal funding for embryonic stem cell research that involves the destruction of embryos, an opportunity to fend off charges that he would bring the controversial research to a halt. Following the announcement, Green proposed allocating $25 million in state funds to WiCell for stem cell research that does not destroy embryos.
In hindsight…
Svendsen, professor of anatomy and neurology at the University of Wisconsin-Madison, said that even though embryos died in the attempt, ACT did prove something. "All they did was make stem cell lines from those single cells," he noted, "and so they did actually prove exactly what they wanted to, and they did actually destroy embryos. And there was a bit of fudging of the data in terms of what they claimed to have done and what they really did."
In publishing the paper when it did, Svendsen said ACT "went a little too fast" and should have done more work before publishing. The story behind the story, he said, is that ACT was pretty desperate for funds, the company was "going down pretty fast," and it needed to put out a paper.
He said there is pressure to publish at a certain stage in the life cycle of a life science company, which is another reason why expanding federal funding for stem cell research would be helpful.
"That's why, going back to the federal funding [for stem cell research], constant federal funding and good oversight is important for these studies to allow good stuff to come through," Svendsen said. "Unless you allow companies to take the lead on this, you're always going to run into this annual debate and business issue."
Duncan and Lough, both professors in the department of cell biology, neurobiology, and anatomy at the Medical College of Wisconsin, and both conducting research on beating heart cells, fear that ACT will be lumped with South Korean researcher Hwang Woo Suk. Suk made headlines worldwide by claiming to have made an embryonic stem cell line from a cloned human embryo, but he later was discredited.
"I don't think we should compare it to what happened in South Korea," Duncan said. "It's not at the same level. The science is fundamentally sound. It was just exaggerated, and clearly the potential for using this technique to establish cell lines without harming the embryo is intact.
"It's likely [to happen]," Duncan added. "It hasn`t been done yet, but it's likely we will see that in the very near future."
Lough said flatly that there was no fraud in the ACT case. "You can't compare this situation to Korea, but that's what I'm afraid will happen," he said. "I think the report in Nature was a breakthrough, and they proved the principle that you can take a single cell out of an embryo and use that cell to create a cell line."
http://wistechnology.com/article.php?id=3395
OT: m_a_d, I stand corrected. I was wrong.
Online brokerage account scams worry SEC
Fri Oct 13, 2006 2:35pm ET
The computer "incursions" are a growing problem, said Walter Ricciardi, deputy enforcement director at the U.S. Securities and Exchange Commission.
"It's something we're very concerned about," he said in remarks at a legal conference in Washington.
About 25 percent of U.S. retail stock trades are made by online investors through roughly 10 million online accounts, according to brokerages regulator NASD.
Crooks will load a victim's computer or a public PC with a spy program to monitor a user's activities and capture vital information, such as account numbers and passwords.
The program then e-mails the stolen information back to the thief, who can use it to open victim accounts.
Once inside, the thief may sell off an account's portfolio and take the proceeds. Or electronically hijacked accounts may be used for "pump-and-dump" schemes to manipulate stock prices for profit, Ricciardi said.
Public computers in such places as Internet cafes and hotel rooms are especially vulnerable to incursions. But home computers may also be hit as spyware can be imported simply by opening an e-mail attachment, said John Stark, chief of the SEC's Office of Internet Enforcement.
Incursion scams under SEC investigation are far-flung. "We're seeing these frauds in offshore entities and persons, including those located in Eastern Europe," Stark said.
The SEC is working to track down the hackers and to educate online investors, he said.
Steps to fight incursions include securing an online account by changing passwords frequently and never using an unfamiliar computer to enter an account number or password.
To fight a similar problem, U.S. banks are exploring new online banking security technologies since a study showed identity theft via online banking is a fast-growing crime.
© Reuters 2006. All Rights Reserved.
Sorry, it's taken me so long to get back with you. Yes, Anadarko is the operator of block 3.
Joint Development Zone (JDZ)
165,000 gross acres
JDZ Block 3 - 51% WI; Anadarko operator
1 exploration well
http://www.anadarko.com/operations_by_region/international/sub_sahara_africa.asp
Well, technically, the DOJ "carted off the boxes". I have no idea if they share info between agencies or not.
Sorry if this has been posted, but I don't remember seeing it:
JDZ: Nigeria to get 60% oil preceeds
• Thursday, Oct 12, 2006
Nigeria is to receive 60 per cent of proceeds from the joint development of petroleum and other resources in the overlapping area of the maritime boundaries between her and Sao-Tome and Principe (STP) under the administration of the Joint Development Authority (JDA).
This was contained in a statement announcing the convening of the regional stakeholders forum on Oil Licensing and Transparency in the Gulf of Guinea, in Abuja today.
The Joint Development Zone (JDZ), also referred to as the golden triangle, is one of the most prolific spots in the Gulf of Guinea located near the offshore intersection between the boundaries of Nigeria, Equatorial Guinea and Cameroun whose oil reserve is reported to be in excess of 5 billion bb1.
It would be recalled that Nigeria signed a treaty with Sao-Tome and Principe (STP) JDZ on February 21, 2001 after reaching a consensus in August, 2000, on the joint development of petroleum and other resources in the area.
To further strengthen this initiative as a unique model for co-operation between African countries, a joint declaration primarily aimed at mainstreaming transparency and good governance in the Joint Development Zone (JDZ) was signed by the two countries on June 26, 2004.
The Abuja Joint Declaration stipulates the promulgation of payments quarterly and annually.
Against this backdrop, Civil Society Legislative Advocacy (CISLAC) in partnership with the National Extractive Industries Transparency Initiative (NEITI) has invited the general public to a regional stakeholders forum on oil licensing in the Gulf of Guinea today with a view to developing a road-map, in collaboration with civil society and wider stakeholders, for the mainstreaming of EITI principles into the Nigeria Sao Tome and Principe JDZ.
The forum, tagged: “Mainstreaming EITI into Nigeria STP JDZ” will hold at NEITI secretariat, 40 Jimmy Carter Street, Asokoro, Abuja by 10.30 a.m.
http://www.thetidenews.com/article.aspx?qrDate=10/12/2006&qrTitle=JDZ:%20Nigeria%20to%20get%2060...
invalid request here now but was on at home no problem. patients patients patients
Jim, look in the Ibox on the JDZ board. It has a lot of great info.
http://www.investorshub.com/boards/board.asp?board_id=5564
Well, that was my point. If you look over the last 3 (4?) months, a pr has come out from Dan Keeney each month. So, I think the goal is to put out a pr each month (not meant to be condescending, but think "mothly newsletter").
They are striving to update shareholders each month. Even though, there may not be a lot new to say, their goal, imo, is to give a monthly update.
I don't know about that, Condor. It seems, in an effort to keep shareholders as informed as possible, the goal is to put out a pr each month with whatever news they have. JMHO
Have they been diluting or is their share structure the same?
Sorry, I don't know. Although, there's an interesting post on the IMMG board here re: the filing from 8/29. I don't know the answer.
Here's post:
http://www.investorshub.com/boards/read_msg.asp?message_id=13911677
Here's filing:
http://sec.freeedgar.com/displayHTML.asp?ID=4629253
Local, I just checked their website and SeaTac is no longer listed. Detroit is still there, though.
http://impartmedia.com/about/clients/
IMMG: I follow them a bit and, imo, their problem is execution. Big promises have been made and big money has been spent, but, thus far, nothing to show for it.
If I recall correctly, when they purchased the advertising agency out of NY (E&M?), they paid based on "booked revenue", which is no where close to true revenue. A little hazy on this, but I think the profit % between booked revenue and true revenue at an ad agency is very low. Bottom line, they way overpaid.
Also, I think the financing they got from Laurus was questionable.
FWIW, there was some question on RB on whether they still have the SeaTac account.
If you check back, you can see significant frontloading before news hits. But, as soon as it does, the pps falls back. And, so far, further and further back.
I also like their industry and their products, time will tell if current management can make a go of this company.
Headline news is now saying they don't know if it's a helicopter or small aircraft. Apparently fire dept. said they thought it was a helicopter but FAA is not confirming.
What are you talking about? Watching Headline news right now and a helicopter has crashed into an apartment building in NY. Until 1 minute ago it was being reported as a small aircraft.
Sigh...Well, rumor is now NEXT week on MLXO financials. Suprise, suprise...
Will I get a consolation prize for pick that lost the most in the week? :)
Well, it's a little confusing, here's the page that says published 10/10 but then pdf looks like it's from Feb. Sorry don't have time right now to delve into this further but thought this might be a start. GLTY.
(And, btw, Homeport, really great observation the other day re: Zoe and Reuters. Never occurred to me.)
Published: October 10, 2006
Electronic Access: Free Full Text (PDF file size is 795KB)
Use the free Adobe Acrobat Reader to view this PDF file.
Series: Country Report No. 06/329
Subject(s): Balance of payments statistics | Economic indicators | Inflation | Monetary statistics | Oil sector | Oil revenues | Sao Tome and Principe | Selected issues | Statistical annexes
English
http://www.imf.org/external/pubs/cat/longres.cfm?sk=19893.0
Here's pdf:
http://www.imf.org/external/pubs/ft/scr/2006/cr06329.pdf
GLXI - 2 today
Anyone have a subscription?
Stem Cell Research
Journal of American Medical Association (subscription) - 11 hours ago
Ok, Crazy, will you explain this ".31 signal" theory of yours? I don't really understand it.
Buckey, this guy on the MNCS board says he read the article in Vancouver Sun and this is his take on it:
Posted by: fivespicerub
In reply to: None Date:10/7/2006 1:03:19 PM
Post #of 109
It looks like this stock is another stock scam. There is an article by David Baines,Vancouver Sun newspaper reporter in the paper today. I can't show you the article but if you go to google and put in David Baines - Vancouver Sun you can see the headline.
Posted by: fivespicerub
In reply to: The_Free_Nebula who wrote msg# 92 Date:10/7/2006 3:19:38 PM
Post #of 109
Personally I don't care what you think. I'm just fed up with all the scammers out there. I've been burned a few times myself. The article is to long to to write on this site, but I'll give you a few tidbits.
Under the proposal, Manchester will issue so many shares that the owners of PAACO Group will emerge as the controlling shareholder. (This is called a reverse merger.) The company also says it has established credit lines totalling $375 million US to finance the acquisition and operation of a nationwide chain of Buy Here/Pay-Here outlets. But nearly 2 years have passed, and not a single outlet has been aquired. As of May 31, the company still had no revenues and total assets were just $600,240 US. The Stock is being touted around Vancouver. This week, one of my hockey buddies said he was being pressed to buy it. But if it follows the usual pattern, the main target wil be Americans and they will almost certainly be burned by this Vancouver-made weapon of financial destruction.
Posted by: fivespicerub
In reply to: The_Free_Nebula who wrote msg# 98 Date:10/7/2006 5:03:49 PM
Post #of 109
I admit it sounds good but this is what David Baines had to say. High-interest loans to high-risk borowers is a popular theme in penny stock promotions. The business model has appeal because it promises high rates of return but the less appealing fact is that high risk borrowers usually have high rates of default. Earlier this year, the BC securities Commission issued a cease-trade order against Insta-Cash Loans in Nanaimo, which used the same business model but suffered a heavy default rate and dissolved in a ponzi scheme.
Posted by: fivespicerub
In reply to: The_Free_Nebula who wrote msg# 101 Date:10/7/2006 5:38:19 PM
Post #of 109
This might be something to think about. In the article it say "It's an investor's dream," Konrad Imielinski, remarked on the website Seeking Alpha, which publishes stock market opinion and analysis. " Ihave been following the mysterious Manchester Inc. for quite a while now and the brilliancy of its performance is dumfounding." The stock seems too good to be true. May 15th was the last day prices had a negative downtick. The daily pattern in which this stock continues to progress is shocking; it moves in penny-like increments" John Woods, editor of Vancouver based Canada Stockwatch, took on look at the chart and said, "There is no contest between buyers and sellers here. Somebody appers to be fooling with Mother Nature." Woods said he had never seen anything like it before, whis quite a satement from somebody who has been flowwing junior stacks for 39 years.
Thanks for trying, Umbra.
OT: Condor, CHCR just copied and pasted the message that Matt posted on the board 6/28/2006. It was just a reminder re: political discussions. If you click on the post below, you'll see where it's posted here.
http://www.investorshub.com/boards/read_msg.asp?message_id=11801067
That's great news, thanks for sharing!
Sorry, Serf (and all), I don't know how I missed these first 2 posts of his:
Posted by: fivespicerub
In reply to: None Date:10/7/2006 1:03:19 PM
Post #of 109
It looks like this stock is another stock scam. There is an article by David Baines,Vancouver Sun newspaper reporter in the paper today. I can't show you the article but if you go to google and put in David Baines - Vancouver Sun you can see the headline.
Posted by: fivespicerub
In reply to: The_Free_Nebula who wrote msg# 92 Date:10/7/2006 3:19:38 PM
Post #of 109
Personally I don't care what you think. I'm just fed up with all the scammers out there. I've been burned a few times myself. The article is to long to to write on this site, but I'll give you a few tidbits.
Under the proposal, Manchester will issue so many shares that the owners of PAACO Group will emerge as the controlling shareholder. (This is called a reverse merger.) The company also says it has established credit lines totalling $375 million US to finance the acquisition and operation of a nationwide chain of Buy Here/Pay-Here outlets. But nearly 2 years have passed, and not a single outlet has been aquired. As of May 31, the company still had no revenues and total assets were just $600,240 US. The Stock is being touted around Vancouver. This week, one of my hockey buddies said he was being pressed to buy it. But if it follows the usual pattern, the main target wil be Americans and they will almost certainly be burned by this Vancouver-made weapon of financial destruction.
Serf, this guy on the MNCS board says he's read the article and this is what it says:
Posted by: fivespicerub
In reply to: The_Free_Nebula who wrote msg# 98 Date:10/7/2006 5:03:49 PM
Post #of 109
I admit it sounds good but this is what David Baines had to say. High-interest loans to high-risk borowers is a popular theme in penny stock promotions. The business model has appeal because it promises high rates of return but the less appealing fact is that high risk borrowers usually have high rates of default. Earlier this year, the BC securities Commission issued a cease-trade order against Insta-Cash Loans in Nanaimo, which used the same business model but suffered a heavy default rate and dissolved in a ponzi scheme.
Posted by: fivespicerub
In reply to: The_Free_Nebula who wrote msg# 101 Date:10/7/2006 5:38:19 PM
Post #of 109
This might be something to think about. In the article it say "It's an investor's dream," Konrad Imielinski, remarked on the website Seeking Alpha, which publishes stock market opinion and analysis. " Ihave been following the mysterious Manchester Inc. for quite a while now and the brilliancy of its performance is dumfounding." The stock seems too good to be true. May 15th was the last day prices had a negative downtick. The daily pattern in which this stock continues to progress is shocking; it moves in penny-like increments" John Woods, editor of Vancouver based Canada Stockwatch, took on look at the chart and said, "There is no contest between buyers and sellers here. Somebody appers to be fooling with Mother Nature." Woods said he had never seen anything like it before, whis quite a satement from somebody who has been flowwing junior stacks for 39 years.
Here's an excerpt from an article in September that also supports this theory:
"For watchers of Anambra politics, once Peter Obi took over, it was obvious that Chris Uba was gone as a political force.
It was apparent that he had gone the way of Arthur Eze, Emeka Offor and their likes. Talking about this duo, both are seriously working on a scheme to bounce back into reckoning by seeking to anchor Andy’s governorship quest. This resurrection is impossible as the only man who resurrected from death is in far away heaven and does not suffer fools gladly."
http://www.vanguardngr.com/articles/2002/viewpoints/vp412092006.html
BB: I just went back and read through Electik's posts. I was trying to figure out where the theory came that any sort of "group" of shareholders working to gain control came while WB was still with ERHE.
And, from reading these posts, I truly believe whatever (if anything is occuring), came to Electick's attention somewhere around mid-September. As late as 9/12, he made this statement:
"Oh How I wish Emeka Offor would realize the extreme value that would come from selling control to a real oil company. His remaining 49% would sky rocket."
Additionally, imo, he seemed sad but resigned when discussing WB's departure.
All jmho.
Got this from IV:
Sao Tome, Nigeria joint zone may see oil by 2010
Sun Oct 8, 2006 12:59 PM GMT
By Zoe Eisenstein
SAO TOME (Reuters) - Crude oil production could start as early as 2010 in a joint development zone (JDZ) shared between the tiny archipelago of Sao Tome and Principe and oil giant Nigeria, a senior industry official said at the weekend.
Carlos Gomes, executive secretary of the Gulf of Guinea Commission regional grouping, told Reuters U.S. oil major Chevron Corp. could drill a second test well by the third quarter of 2007 after announcing that it had found oil and gas in its first exploration well in an offshore block in the zone.
"If everything goes right -- because we still don't know -- say within the next two years, Chevron declares commerciality, they have another year or so before they start production," Gomes said in an interview in Sao Tome.
"Production in the JDZ could start between four to five years from now if everything goes to plan," said Gomes, who until August chaired a joint development authority set up six years ago to manage the shared offshore zone.
Nigeria has a 60 percent stake in the zone with 40 percent going the twin-island state of Sao Tome and Principe -- one of the latest oil exploration hotspots in Africa's Gulf of Guinea region after a series of big finds in the last decade.
The region, which included Nigeria, Angola and Equatorial Guinea, produces more than 4 million barrels per day and provides nearly 15 percent of U.S. crude supplies, Gomes said.
He said other firms with interests in the joint zone planned to drill in the second half of 2007 but were dependent on rigs being available. He gave no details of the companies concerned.
Further exploration licensing rounds for the remaining blocks 5 and 6 were also expected.
But it was too early to estimate the size of reserves.
"For the time being, it's all speculation. People talk about reserves of 6 billion, 9 billion, 11 billion (barrels). Who is lying? Nobody. Until you drill and do tests you cannot be sure.
"We believe there is great potential but how many barrels per day, we can't say," Gomes said. "This is a hotspot, a very rich area as far as oil is concerned."
OIL TO BENEFIT POOR
The majority of Sao Tome's population of about 170,000 live on less than $1 a day and the country relies on exports of products like cocoa, bananas and fish. It has external debt of around $300 million.
Gomes said future oil revenues were more likely to help change the fortunes of ordinary Sao Tomeans than they had in other Gulf of Guinea countries such as Angola and Nigeria where people remain desperately poor despite vast oil riches.
"I think ordinary Sao Tomeans will benefit. It's a small country. If oil helps build schools, roads, development projects, people will definitely benefit," he said.
"Sao Tome doesn't have the complexity of big countries. Here, everybody knows everybody. I think there is a much better chance investments here would be much more effective," he added.
But Gomes warned that even so, ordinary people may have to wait before they started to reap the benefits of oil.
The Gulf of Guinea Commission is a new regional body whose objective is to provide a platform for crude-producing nations in the region to discuss oil and other economic activities.
The Commission, which will be headquartered in Luanda, groups Angola, Nigeria, Cameroon, Equatorial Guinea, Sao Tome, Republic of Congo, Democratic Republic of Congo and Gabon.
http://za.today.reuters.com/news/newsArticle.aspx?type=businessNews&storyID=2006-10-08T105622Z_0...