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I bought more today. It will go up from here. There are many very favorable possibilites here, all discussed and posted for all to see. GLTA.
30 cents, not .03 cents. this month. mark it.
Read the DD. This is going to .30
Let me get this straight. You cheerlead the board, you hype up the potential, and then you post the e-mail from the company at 12:30, you immediately remove yourself as Mod, create fear, and then disappear for 6 hours, you don't say a word, and you just bolt...for 6 hours. People ask you questions, but you are no where to be found, unlike other days, when you pump all day. Got it.
Then you wait for the stock to tank, and THEN you come back...6 hours later.... and say "yeah, interest was dwindling, so I left. But it has potential. We'll just have to wait for the auction"
Shove off fool!! Damn. Now you what, picked up the cheapies that everyone dumped, right? You'll be back and your excitement will grow again, because you just picked up 2 million shares at .003. Is that about right? Yeah, I got it.
Likely my last post. Still holding. And thank you all others for picking up on the Mod position, etc.. GLTA.
Looks like we are on track with the auction given the filings. If I get some time, I'll try contacting Buddy again for an update.
I think that in penny world, four weeks is an eternity for a lot of people. They will be back as the auction nears, and they will pay heftier prices. I was buying this at .0014 when no one wanted it, and then it popped. But I sold without realizing the potential. So I have since bought back in, at higher prices.
Keep in mind that this had a 1000% ++ run within a few weeks. As we form a base here, we could run 1000% + as we head toward the auction, which would take us to the .08-.10. All IMO. GLTA.
Beck will not accept .11 cents.
Prepare for a higher bid! RTYFZ has to do what is best for shareholders. Beck may step up with a higher offer, and pay the $75,000 good-riddance fee to JAG, and take over the company to protect their 1.9 million shares and grow the company. This is obviously what this is all about.
Perhaps this will encourage a bidding war with Beck. RTYFZ will pay a $75,000 break-up fee to JAG if RTYFZ accepts another offer. That's peanuts. I bet this nudges Beck to act.
Also shorts will have to cover, right? Perhaps that will drive the PPS as well.
And here's the $26 million for 1/2 interest story
http://www.nytimes.com/2009/12/22/business/global/22invest.html
Thank you tvmetguy for this as well. Your DD is spot on. Everyone have a great evening.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55878353
"In July 2009 a Chinese company offered FGOC $26.5M for a 51% stake in the company when gold was 900/oz. A 100% offer would have been $53M. This was knowing gold, FGOC's largest asset by far, & all of their liabilities. Gold is now 1374/oz. They made a great bid offer, but were rejected for security reasons by the U.S. government because FGOC is near a Navy base. Gold is now 53% higher than it was in July 2009. The $53M bid for 100% would now be about $81M. From this offer you can get a feel as to where FGOC could be as a market cap. An $81M cap would be PPS .20 with 400M O/S."
NY Times - Nevada Mine Sale to Chinese Blocked
Well, here she is. All I want to say is that the DD posted on this board, and the expected bidding and PPS estimates all seem valid. Thank you to everyone that has put forth all the effort.
http://www.nytimes.com/2009/12/18/business/18invest.html
December 18, 2009
Questions on Security Mar Foreign Investments
By ERIC LIPTON
WASHINGTON — As foreign investors once again try to buy American industrial assets, the Obama administration is grappling with how to protect national security while promoting economic recovery.
In recent days, the administration has threatened to block the proposed takeover by the Chinese government of a tiny Nevada gold mining company, according to executives for the company, Firstgold.
Administration officials have also raised questions about a bid by a United Arab Emirates-controlled company to buy a large stake of Virgin Galactic, which is trying to build the world’s first commercial carrier to take tourists into space.
The issues involved are serious enough that the companies involved in the Virgin Galactic deal have agreed to withdraw the application to provide more time for them to be addressed.
“Foreign investments in the U.S. are critical to economic growth and job creation here at home, but we have an obligation to prioritize national security,” the deputy Treasury secretary, Neal S. Wolin, said in a statement released Thursday, in response to questions about the scrutiny of proposed deals.
Foreign investments in certain American industries, particularly those with critical technologies or military or homeland security assets, are reviewed by a federal panel and sometimes sent for approval by the president. Those decisions can set off political firestorms. The Bush administration came under attack for allowing a Dubai company to buy control of a dozen American port terminals. The plan was eventually scuttled.
After a lull in foreign investment during the global recession in the last year, applications before the panel, the Committee on Foreign Investment in the United States, have increased in recent months. About 60 applications have been submitted for such transactions this year, compared with 155 in 2008, a former administration official said. The panel’s decisions are not publicly released, though the companies can disclose them.
The Obama administration has approved most of the requests, including the proposed purchase by a French government-controlled company of a minority stake in nuclear power plants owned by Constellation Energy, which is based in Baltimore.
But the administration has alerted those involved in the Nevada gold mine deal that it will not approve the plan.
“This is very difficult news to receive,” Terry Lynch, chief executive of Firstgold, said Thursday.
He and other backers of the deal say the administration risks sending the wrong message to foreign investors, particularly China, by balking at such transactions. In that case, China’s giant Northwest Nonferrous International Investment Company wants to buy 51 percent of Firstgold, its first purchase of a mine operator in the United States.
Washington officials, however, are increasingly concerned about Chinese dominance in the global precious metals marketplace. The Nevada mines are also close to military installations, including the Fallon Naval Air Station, complicating the deal, according to written summaries of meetings with Obama administration officials obtained by The New York Times.
Under the proposed Firstgold transaction, Northwest Nonferrous would gain majority control of mining leases Firstgold has on 8,300 acres of mostly federal government property in Nevada, at four locations. The most important site is the so-called Relief Canyon in Lovelock, about 110 miles northeast of Reno.
The federal review “raised serious and significant and consequential national security risks” associated with the proposed transaction at all four sites, pointing both to Fallon Naval Air Station and adjacent military facilities it did not name that most likely are classified, according to a summary prepared by lawyers for the mining companies.
In questions it submitted to Firstgold, the administration also seemed to be concerned with what minerals other than gold a Chinese-controlled company might dig up at the Nevada sites or try to export.
Only once since 1990 has a president formally blocked a foreign acquisition. Typically, applications are withdrawn once serious objections are raised.
Firstgold and Northwest have until Monday to withdraw their application, or the recommendation of a denial will go to President Obama. “This smacks of anti-Chinese protectionism at a time when we need to be encouraging foreign investment to create jobs and expand our economy,” said Mark Nordlicht, managing partner at Platinum Management, one of the Firstgold investors.
Executives at Virgin Galactic, by comparison, say they remain confident they can clear up government concerns about the proposed sale of 32 percent of their venture to Aabar Investments of Abu Dhabi, which is controlled by the government there.
Virgin Galactic, created by the British entrepreneur Richard Branson and Burt Rutan, an aerospace engineer, has proposed building a spaceport in New Mexico, where a new generation of spacecraft would carry tourists into space and commercial payloads into orbit.
National security officials participating in the review have questioned whether sensitive rocket and missile launching and fabrication technology might be shared with foreign governments as a result of the transaction, according to executives involved in the deal who asked not to be identified because details of the transaction are confidential.
The administration also sought to make sure that the deal would not violate an international agreement called the Missile Technology Control Regime that is intended to prevent the global spread of missile-based weapons delivery systems.
As a result, the companies involved have agreed to resubmit their application for government approval, restarting the 90-day clock the government has to accept or reject the proposal.
“Aabar and Virgin Galactic remain committed to the transaction,” Jackie McQuillan, a Virgin Galactic spokeswoman, said in a statement. “Both companies are working together to secure the necessary regulatory approvals, and expect to close the transaction as contemplated.”
The review of these and other cases is also been complicated by the fact that at the Treasury and Commerce Departments, which both play a central role in the foreign investor review process, the two top political appointees who are supposed to oversee the effort are still awaiting Senate approval. They are Marisa Lago, nominated to serve as the assistant Treasury secretary for international markets, and Francisco J. Sánchez, Commerce under secretary for international trade.
PMH, I did call Buddy Miller's office today.
Not much to report. His secretary answered, and I asked if I could speak to him regarding the Firstgold auction. All she said was "Ahh yes, lots going on. Are you with council?" I said "No, I am an investor of Firstgold". She said ok, and that she would give him a message to call me. I told her I just wanted to know of the progression of the auction. She said "I understand. I'll ask Mr. Miller to call you" That was at 10:30 am. He did not call me, so I called again at 4:00, and she told me he was very busy, but he will call me. That's it. Nothing really. I'll post tomorrow if he calls me. I don't know what she meant by "lots goign on", but we've all read the speculation here.
Will do! It's about 7:00 here in Phoenix, so I'll try around 10:00 or so when I get to the office.
Welcome emsn. I think your goal of 2-3X will come easily. Take some profits, and have fun. GLTU
Good morning CT. Here to scoop up a few more. I think it may be early for some folks in the penny world, but this is exactly the time to be buying. GLTU!
CT, I'm happy to call Terry tomorrow. Anything in particular, other than general sleuthing? I think I know the base questions to ask. Not sure if I can post from work (have to remember my log in and all that. I haven't been on Investorshub in a while, and it auto logs me in at home), so I may not post anything until I get home at 6:00.
15X - 20X your money is possible.
If you read the DD here, you wouldn't be asking that question. My guess is you don't own shares and came here for trouble. The great thing is, this is the most solid DD of any stock around. Risk? Yes. But rest assured, the NOLs and the price of gold will carry the day.
Looks like our board follower count is growing by the day. I ran this past a big mouth this morning. He'll get the word out. lol. He's good with the social media.
I've followed this since $13.00 when it was CB Financial.
I can't say I know much these days, but I know the folks at RTYFZ are connected, so perhaps thye will engage others to head off a takeover. If a takeover is what it takes to restore the PPS and value, then so be it. Let's go!
XXXXX Nice NEWS!!! XXXXXX
Beck looking to take this company over one way or another. Hostile taakeover if need be! They want the shaeholder support. They have mine!!
Thanks for all of your DD! It is awesome. This is going to be my shining star investment, no doubt.
Gee, way to go RTYFZ, nice "maximizing" of shareholder value.
I'd like to see a tit for tat PR now from Beck. lol
I think that is exactly right. That was my first thought as well. This is all a PR push to put pressure on Realty Finance and get them to the table to make concessions to Beck. They obviously want to make a play for RTYFZ. The PR today from RTYFZ surprised me and it was their chest-thumping attempt to sound in control. At least we know they're not dead. lol. Isn't it ironic that RTYFZ responded within 24 hours, yet we haven't heard really anything from them in a year? That tells me something. This is going to heat up...IMO. GLTA!
Looks like no one really wants to sell. If they did, I have a phat order sitting there waiting...and waiting...
They did "fill" some orders BELOW my bid this morning, but overlooked my higher offer. Hmmm. That's pretty telling if you ask me. They were tring to shake out some shares with a fake drop, imo.
A lot of this activity is me. I bought over 300K shares. I have more orders waiting to fill. Yes, they do not want to fill the orders. This one will move up big over time. Thanks for all the DD, and GLTA!
Analyst says Blockbuster worth much more than current value
Once the titan of movie rentals, Blockbuster as of late is pulling the heartstrings of dedicated investors while simultaneously disheartening them.
Analysts, however, are split when it comes to Dallas-based Blockbuster, seeing both good and bad in the stumbling giant.
“As a shareholder, I am very positive about the company’s global brand and the value of the global brand,” said Jason Ryder, an investor and analyst with Third River Capital, a Chicago-firm that invests in small cap stocks. Ryder has covered Blockbuster (NYSE: BBI) for years.
“As a customer, I am positive about their subscription by-mail product because of the ability to have new releases delivered before Netflix,” he said. “I am looking forward to the video On Demand access to be added to the Xbox 360, Wii and Playstation 3, in addition to other equipment.”
Ryder said a lack of clarity earlier this month on the importance of shareholders okaying a reverse stock split that was supposed to create more money for the firm could have caused shareholders to refrain from approving it.
“Management made comments that a reverse stock split was not important if the recapitalization plans moved forward,” he said. “Information about delays should have been communicated so that the reverse stock split was considered a priority.”
Regarding the possibility of a Chapter 11 reorganization, neither Ryder or analyst Michael Pachter of Wedbush Morgan assumes that’s the way the company is heading. Although some type of reorganization will occur, neither is certain it will be a Chapter 11.
“I continue to feel that BBI has many options, but concerned that the management team is not reviewing all of the options in the best interest of the shareholders,” Ryder said when asked about the chance of a bankruptcy filing.
Pachter remains more skeptical of some of the business plans Blockbuster is touting to increase revenue — one of those being the company’s branding on NCR Corp.-operated movie rental kiosks.
Pachter told the DBJ this week: “The most they are getting out of this is a 5 percent royalty. By putting kiosks in, all it does is to help them cannibalize their own business.”
Despite that doubt, he does see positives in the company. Pachter added that with Movie Gallery, the parent company of Hollywood Video, already in bankruptcy, Blockbuster now controls the standing-store space.
Ryder said with Blockbuster delisted from the New York Stock Exchange in the past week, it would be an advantage for Blockbuster to trade “once a month for the next couple of years.”
“Last week was a great example of excess volatility in the market without proper cause. Blockbuster, as with other companies, have too many short-sighted investors waiting for news. The investor base combined with poor communication of the management team has put negative pressure on the stock price.”
He added that he believes “Blockbuster is worth much more than the current enterprise value.”
http://www.bizjournals.com/dallas/stories/2010/07/05/daily16.html
ESPN polling to see if consumers will enter contests via moblie phones.
Not sure if this has been brought up here, so sorry if it is duplicative. GLTA.
http://sports.espn.go.com/espn/contests/index
Would you enter ESPN promotions or contests if you could enter via your mobile device?
*Nope, forget it!
*I guess I might...
*Sure I would.
*Heck yea, all the time!
No, they are not showing bids. My bid is higher than what they are showing right now. They want us to sell. I bought 50,000 shares and I am holding. GLTA.
I don't know if it's doubters, or the masses just haven't caught on that the biggest obstacle to Neomedia's success has been removed (lawsuits settled). They hold the patents for heaven's sake. Anyway, I am with you. Accumulating at every turn. I want to be in the million share club (is there one? lol), but more than that, I want to RETIRE early, and NEOM is going to get me there. Holding long-term here. GLTA!
Global Packaging Corporation N.V.
Strawinskylaan 3105 Atrium
Amsterdam 1077
Netherlands
Tel: 206427675
URL: NA
Dec. 2007
NETHERLANDS - One Equity Partners LLC of the US, a unit of JP Morgan Chase & Co, acquired an undisclosed minority stake in Global Packaging Corp NV, an Amsterdam-based manufacturer of folding cartons. Terms were not disclosed
Acquirer: One Equity Partners LLC
Acquirer Business Discription: Private eq firm
Acquirer Ultimate Parent: JPMorgan Chase & Co
Acquirer SIC Code: 6799 - Investors, nec
Target Name: Global Packaging Corp NV
Target Business Description: Mnfr folding cartons
Target SIC Code: 2657 - Folding paperboard boxes, including sanitary
Guys, it is not hard to find a link to e-mail the company. It's on their website, under "restructuring". Anyway, this is what I got back from them. I sold. I wish you all the best.
Re: commonMonday, October 5, 2009 8:25 AM
From: "Julie Draksler" <julie.draksler@barzel.com>Add sender to ContactsTo: xxxxxxxx
Hello,
Please refer to our Form 8K posted at www.barzel.com under Our Company, Regulatory Filings, and select the 8K dated September 15, 2009. Under the Form 8K dated September 15, 2009, section 2.03, the last paragraph is as follows:
“Except for certain amounts reserved to pay administrative and wind-up expenses in the Bankruptcy Case and the Canadian Case, all proceeds of the Asset Purchase will be applied to repay amounts owed under the DIP Agreement, the Pre-Petition Notes and, to the extent applicable, the Pre-Petition Agreement. The Company’s stockholders will not receive any proceeds from the Asset Purchase.”
You may also select, from our home page, the links under Restructuring for further information specific to the proceedings.
Kindest regards,
------------------
Julie Draksler
Corporate Communications
Barzel Industries Inc.
450 577 6155 (c)
917 865 0146 (c)
781 486 9114 (f)
Paper shuffle scam. I assume that most here, if not all, know that there is nothing of substansive measure for this company, and Lump, except for deception. JMHO. People here, imo, want to generate a momo play, and nothing more. I feel for newbies especially that get sucked into pinkie world. The other seasoned players know that they are purely pumping a scam, and will take their risks and deal with it. There is nothing here folks. Lump does not deliver, and you know it. Just my humble little opinion and this will be dismissed I'm sure. Pumpers, to your posts!
I operate on common sense. Common sense is not available to everyone.
I'll put some popcorn on. Hang on. I can hardly wait for the show.
oh little billionaire, calm down. I cannot hurt your stock or your company. You have full control of the demise all on your own. Why are you here blogging at all hours? Don't you have other companies to run? Don't you have paperwork? Girls to take out for dinner and drinks? Maybe similar to the James Bond lifestyle. Cool. But no, you sit here blogging about a penny stock. Are you going to dump hundreds of millions of shares tomorrow? Are you mad that the PPS didn't climb to your wildest expectations so you could dump less shares and make more money?
I operate on common sense. Common sense is not available to everyone.
Of course, he will come on this board after the price plunges to .0001 and say that it was all the bashers fault, and had I-Hub stood up and banned the bashers, then none of this would have had to happen. I'm just speculating of course. But I feel like he will turn the tables and turn the ordinary folk into villans.
I operate on common sense. Common sense is not available to everyone.
Oh now, now. Don't get so upset Steve. If this company is everything you say it is, then deliver on your promises. No need to make excuses about bashers. You seem to have a lot of believers, so make it happen, for them, and for yourself. That would be true justice to those evil bashers! Let's see you make it happen. o.k.? All those promises. <wink>
I operate on common sense. Common sense is not available to everyone.
This entire thing stinks of scam. The almighty executive blogging on InvestorsHub. Precious.
Hey, Look, Petard is on film. It's brief, unfortunately. Well, its a little something while we wait months and months for resolution. Hope all you charred investors are doing well these days.
http://www.dvolver.com/live/movies-173211
I operate on common sense. Common sense is not available to everyone.
No, what's scary is when the restrictive legend NEVER gets removed from your divi stocks. It happens all the time in pinkie land. The last one I suckered into never released the legend on my free stocks, evern after 2 years, and now the company is out-O-business. I'd be careful of the too good to be true claims. GLTA.
yup, so there is your reason for investing in SLJB?? Bingbang said. Faulty DD earnest!!! Hahahahahahahahhahaha!!!!! Is this what it has come down to? Take a step back investors...breathe deep...think it through...c'mon...no deals...nothing verifiable..reduced to listening to bingbang.
This is pennyland at its finest.
See you all in another month or two. Don't let the stench of SLJB get in the way of sound mental reasoning. :o)
Just stopping by, but have to say, Good Grief!! Does this sound like the musings of a multi-million dollar conglomerate??!! No, it sounds like, umm...picture Flo of Mel's Diner in Tucson..."Kiss my Grits!" Yup, tons of class Leslie. The former financial secretary sitting on a chat board and blogging about this one said and that one said and he said she said. Ugh!!! Put this one to rest already.
"he has not been criminally charged with anything as of today"
Oh, but there is always tomorrow. Here's to justice.