married with 3 or 4 or 5 kids depending on how you view the kids.
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I'm in this through the RM. I really do wonder who the other companies are.
For the new people. I simpathise with you if you find out after you buy your shares that BLDV hasn't done anything worthwhile as a company in years. I too bought into the rhetoric and bought shares just to find out later that the company was not a good company at all. I know that some like to ejaculate (this term is not meant as a vulgar term) about how great mr. Moaning is or that BLDV is going to be this great company and you can get dragged into the overwhelming rhetoric that the company doesn't put out themselves, but please be advised that they have not finished one project they've started or followed through on any of their Letter's of Intent or their Memorandum's of Understanding. No not one, even including the ones with foriegn national governments, just like Belize. Someone had even let loose the vicious rumor that BLDV might be involved in a Reverse Merger. Note that BLDV did not say this though which is different from CCMJ which announced on July 24th that they are being courted for a reverse merger within the next 4 weeks. You see, a company with qualms also has no problems posting what events are coming up and when they will be happeneing and then following through on them. BLDV though, they don't do this. If you don't believe me, check out CCMJ for yourself and then check out BLDV and see which one has stuck to their own p.r.'s
I just don't see how someone willing to keep his stock holders in the dark and then gets appointed to a board can be called a good guy and honorable. He leads the stock this board belongs too, BLDV, and he would rather go to this function then put out a p.r. so us shareholders can be at ease. And I did call that number in Houston and talked to Beth, she said she will check and see if BLDV is covered by one of the firms members. She said she will call me back as soon as she finds out anything. But as for her personally, she had no knowledge of Moaning or BLDV at all.
I am surprised. BLDV shows up finally but not doing anything worth noting. I'm not saying that the AABE group is not an honorable society in itself. That, I am sure, it is. I'm just wondering if they realize that putting Moaning on one of it's boards to "help develop a session on renewable energy technologies" was such a wise move since he keeps his stock holders in the dark and doesn't follow through on his own actions nor directs his company to follow through on their LOI's or MOU's. To give a "very compelling session on entrepreneurial opportunities in these new energy technologies", I wonder if he stood up there and explained to the guests how he himself has not followed through on any of his LOI's or MOU's and that the best way to be an entrepreneur is to do nothing but talk and not follow through on his actions. Then become next to impossible to reach so your shareholders get stuck holding an empty bag. I'm thinking of writting to AABE and asking them if having someone developing a session as part of AABE's corriculum on entrepreneurship in renewable energy is very wise where it concerns Mr. Moaning and asking them to replace him with someone who actually deserves the position. Either way, I'm sure he see's any opportunity to get BLDV's name out there as a good thing as long as he doesn't have to spend any money or actually do anything to be part of an orginization. I feel sorry for DC Chapter
President Derek Dyson as I get the feeling that he is the one that had to do all the work on the presentation while Moaning tried to take all the glory.
"AABE was asked by Operation
Push to develop a session on
renewable energy technologies
for the Push annual Wall
Street conference. DC Chapter
President Derek Dyson
and Houston Chapter member
John Q. Moaning, CEO of
Blue Diamond Ventures, offered
a very compelling session
on the entrepreneurial opportunities
in these new energy
technologies.
This is to any new people to the BLDV board. BLDV has NOT followed through on much of any of their plans. I'll post below where they said they are going to buy a sugar factory in Belize in 2006 and did nothing after making the announcement towards the actual buying of the plant. Every so often someone from BLDV will put out a post saying they are buying this or that. It's all fluff as they have followed through on none of it. Some might like you to believe that this company has legs but the company itself won't put out any pr's saying anything of the sort. They've not had an update since march of this year and as of today, they have followed through on none of that pr. Yet there are those on here that would have you believe that BLDV is going to do something very soon and have had that opinion since god knows when. Mind you though that BLDV has done nothing to support anyone's theories or idea's of how BLDV will act. And, according to previous posts, some say they have made contact with some people in BLDV but yet others can't make any kind of contact. Please take note that the only news about BLDV have come from individuals and nothing from the company at all. If you keep this in mind, about the company not putting out any kind of post in 4 months and that they have done nothing in 2 years to build any kind of plant or take one over, and if you keep in mind that the only info about the company, doesn't come from the company at all but comes from those that would like you to believe that BLDV will ever be anythiing other than a dog, then you too might save your money from this disaster of a company in my opinion and invest in one that really does respect it's stock holders.
To those that know me, good luck and God Bless.
Blue Diamond Ventures Inc. Initiates Purchase Negotiations of Libertad Sugar Factory Preceding Ethanol Facility Conversion
By: Aaron Reed
May. 1, 2006 11:20 AM
Digg This!
HOUSTON, TX -- (MARKET WIRE) -- 05/01/06 -- Blue Diamond Ventures Inc. (OTC: BLDV) announced today it has entered negotiations with the Belizean Government to purchase the closed Libertad Sugar Factory, with plans of converting it into an ethanol facility within a year.
Libertad Sugar Factory is located on the New River about 2 miles from the mouth of the Corozal Bay leading directly out to the Caribbean Sea. The factory resides in the center of the country's sugar cane production and was designed to accommodate both sugar cane juice and molasses prior to closing in 1985.
"The location will allow easy barging of our ethanol to the Port of Belize for overseas shipment," said Blue Diamond Ventures Chairman and CEO John Quincey Moaning, noting that ethanol can be imported to the United States duty free from the Caribbean under the Caribbean Basin Initiative (CBI). "Our engineers have indicated that it will be relatively simple to convert the plant to an ethanol production facility."
Blue Diamond plans to initially construct a 3.5 million gallon per year (MGY) ethanol facility and a 5 million gallon per year (MGY) bio-diesel facility in Belize. The company anticipates using sugar cane and molasses as the main stock for the ethanol. The bio-diesel will be manufactured from vegetable oils such as soy beans, canola and palm and from animal fats processed at Blue Diamond facilities. As Belizean farmers grow more sugar cane in anticipation of selling it to the ethanol facility, Moaning envisions expanding to a 50 million gallon per year (MGY) facility.
Located in an economically depressed zone, Moaning said the Government of Belize would provide huge indirect subsidies such as tax abatements, customs, and duty exemptions for renovating and re-opening the Libertad facility.
About Blue Diamond Venutres, Inc.:
Blue Diamond Ventures, Inc. is an agriculture, bio fuels and commercial development company with operations in Belize and the U.S. The company recently announced plans to break ground this year on a million dollar goat processing facility in Belize and aggressively market the world's most eaten meat throughout the U.S., Central America and the Caribbean. Blue Diamond will utilize 3,000 acres in Belize and 1,200 acres in Oklahoma for a goat ranch, research center and processing facility. Local farmers in Belize and Oklahoma, under a cooperative agreement with Blue Diamond Ventures, will raise the goats and process them at the company's facilities. Blue Diamond's business plan includes ethanol production, tilapia and shrimp aqua farming and raising thousands of acres of soybeans. The company is currently completing an audit to get listed on the NASDAQ Bulletin Board.
DISCLOSURES:
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in Blue Diamond Ventures, Inc.'s filings with the Securities and Exchange Commission. These risks could cause Blue Diamond Ventures, Inc.'s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, Blue Diamond Ventures, Inc.
Shareholders Contact Info:
MARKET IDEAS, INC.
ROBERT GASICH
1.877.295.3981 - EXT 1
MARTIN MCINTYRE
1.877.295.3981 - EXT 2
Yeah penny's got it right on that one. If I would have thought that this was going to stabilize at what I bought it for, I am not sure I'd be here right now. I was one of those that did that 5 day thing. I about poohed my pants when it topped out at .0065 and then went down for no apparent reason. This should have been taking off and instead it's just bobbing in the ocean. Bid whackers tend to tear a good stock apart even if it's news is so good that the top investors notice it.
Thanks OGclip, I appreciate the info. I thought my board had frozen up and I needed to reboot.
I have one more question. On my board they are showing the last buys at 45 and showing them as being on the down side. Does this mean that it's at 50 and they just aren't showing it? I've not seen buys at the ask being shown as down unless the ask was actually higher than what I was showing. I'm showing 1@ 45 and 4@ 40. Is anyone showing anything different?
Look all, i've been posting this on other boards so that the word gets out. Im guessing that is where the last few buys might have come from. I could be wrong. With CCMJ having just closed on a nice contract and if my RM bet is correct, AEP having just gotten into their new plant and with their orders on the increase, this could be alot bigger than a penny move imo. Something just tells me that if this is pulled off with AEP, this could go big. Everythings in place for it. I might be a bit optimistic on $10 a share but I don't think by much. If this goes off at anything under $5 if it involves AEP, I'll be somewhat shocked. Once again, that's if it's AEP. All of this is my opinion so treat it as such.
CCMJ is almost a for sure 10-20 bagger. They posted that they are being reverse mergered within the next 3 weeks now (4 weeks according to the post last week on 7-24). My speculation on as to who the RM is with is below but there are others out there. Take a look.
Here's what I've got. I've been doing some research into possible candidates for the reverse merger. To me, and this is just my opinion, CCMJ has had a lengthy and prosperous relationship with one of the companies, upto and including joint ventures and cross product involvement. I think that the other company, Arizona Emergency Products, Inc., is set to go public and since they and CCMJ have been doing such wonderful business together, I think that they are the front runners in the reverse merger. Arizona Emergency Products, Inc. has been growing at a pretty good clip and I think they have the cash on hand and the ability to expand both product lines so that the profits from such a merger would be in the realm of being very very explosive such as was seen when Microsoft went after Yahoo a few months back. Noooo I don't believe it would be on a financial par as those two, but I think the growth potential is just as dramatic. Arizona Emergency Products, Inc. has been doing some expanding over the last few years and I think they are ready to go public. In February, they opened a brand new factory that could easily support them and CCMJ's future growth.
Now here's one to think about. The one thing that is for sure recession proof is our police forces. No matter what, they will be their. Well, you put the camera's of CCMJ together with Arizona Emergency Products, Inc.'s line of products, and you have one company that has the ability to grow at an astounding rate. I have made contact with them and I figure I'll hear back from them on monday.
As to where do I see the price of about $32 dollars a share coming from after the RM? Well, that's an estimate that I came up with when I took into consideration the size of CCMJ and Arizona Emergency Products, Inc. and the growth potential that the business community will see when this goes public, and I came up with a price that is set at what I said earlier. Could I be off, YES I CAN. This is just my estimate is all. But I don't see how the pps could be any lower than about $10 a share on the low end to $32 pps on the high end. Either number is good news for us.
As for the other company in the running. I think they are based out of China but I'm not sure at all. This one is pure speculation. I don't know who it is but there are a few suitors from China that would love to reverse merger with CCMJ. This is all I've got on them. I should know more on monday and will let the board know what I have.
Anyway, all this is speculative on my part and I make no recommendations as to whether you should get into CCMJ right now. All I'm doing is reporting what I believe and what I see and find.
Xilo
CCMJ People. They announced a reverse merger within the next 3 weeks now and wild speculation on who the reversal is with. My view on it is below. This one should easily go 10-20 bagger very soon. Anyway, here's what I got.
Here's what I've got. I've been doing some research into possible candidates for the reverse merger. To me, and this is just my opinion, CCMJ has had a lengthy and prosperous relationship with one of the companies, upto and including joint ventures and cross product involvement. I think that the other company, Arizona Emergency Products, Inc., is set to go public and since they and CCMJ have been doing such wonderful business together, I think that they are the front runners in the reverse merger. Arizona Emergency Products, Inc. has been growing at a pretty good clip and I think they have the cash on hand and the ability to expand both product lines so that the profits from such a merger would be in the realm of being very very explosive such as was seen when Microsoft went after Yahoo a few months back. Noooo I don't believe it would be on a financial par as those two, but I think the growth potential is just as dramatic. Arizona Emergency Products, Inc. has been doing some expanding over the last few years and I think they are ready to go public. In February, they opened a brand new factory that could easily support them and CCMJ's future growth.
Now here's one to think about. The one thing that is for sure recession proof is our police forces. No matter what, they will be there. Well, you put the camera's of CCMJ together with Arizona Emergency Products, Inc.'s line of products, and you have one company that has the ability to grow at an astounding rate. I have made contact with them and I figure I'll hear back from them on monday.
As to where do I see the price of about $32 dollars a share coming from after the RM? Well, that's an estimate that I came up with when I took into consideration the size of CCMJ and Arizona Emergency Products, Inc. and the growth potential that the business community will see when this goes public, and I came up with a price that is set at what I said earlier. Could I be off, YES I CAN. This is just my estimate is all. But I don't see how the pps could be any lower than about $10 a share on the low end to $32 pps on the high end. Either number is good news for us.
As for the other company in the running. I think they are based out of China but I'm not sure at all. This one is pure speculation. I don't know who it is but there are a few suitors from China that would love to reverse merger with CCMJ. This is all I've got on them. I should know more on monday and will let the board know what I have.
Anyway, all this is speculative on my part and I make no recommendations as to whether you should get into CCMJ right now. All I'm doing is reporting what I believe and what I see and find.
Xilo
This is a post I left last friday. Just wanted to repost it so those that didn't get a chance to see it, can view it and then see what they think. As to whether I really think that $10 a share is real, the answer is yes as AEP is a growing company with lot's of excess cash and potential to fly by and I'm sure the market has it's eyes on this reverse merger IF it has to do with them.
Here's what I've got. I've been doing some research into possible candidates for the reverse merger. To me, and this is just my opinion, CCMJ has had a lengthy and prosperous relationship with one of the companies, upto and including joint ventures and cross product involvement. I think that the other company, Arizona Emergency Products, Inc., is set to go public and since they and CCMJ have been doing such wonderful business together, I think that they are the front runners in the reverse merger. Arizona Emergency Products, Inc. has been growing at a pretty good clip and I think they have the cash on hand and the ability to expand both product lines so that the profits from such a merger would be in the realm of being very very explosive such as was seen when Microsoft went after Yahoo a few months back. Noooo I don't believe it would be on a financial par as those two, but I think the growth potential is just as dramatic. Arizona Emergency Products, Inc. has been doing some expanding over the last few years and I think they are ready to go public. In February, they opened a brand new factory that could easily support them and CCMJ's future growth.
Now here's one to think about. The one thing that is for sure recession proof is our police forces. No matter what, they will be their. Well, you put the camera's of CCMJ together with Arizona Emergency Products, Inc.'s line of products, and you have one company that has the ability to grow at an astounding rate. I have made contact with them and I figure I'll hear back from them on monday.
As to where do I see the price of about $32 dollars a share coming from after the RM? Well, that's an estimate that I came up with when I took into consideration the size of CCMJ and Arizona Emergency Products, Inc. and the growth potential that the business community will see when this goes public, and I came up with a price that is set at what I said earlier. Could I be off, YES I CAN. This is just my estimate is all. But I don't see how the pps could be any lower than about $10 a share on the low end to $32 pps on the high end. Either number is good news for us.
As for the other company in the running. I think they are based out of China but I'm not sure at all. This one is pure speculation. I don't know who it is but there are a few suitors from China that would love to reverse merger with CCMJ. This is all I've got on them. I should know more on monday and will let the board know what I have.
Anyway, all this is speculative on my part and I make no recommendations as to whether you should get into CCMJ right now. All I'm doing is reporting what I believe and what I see and find.
Xilo
Here's what I've got. I've been doing some research into possible candidates for the reverse merger. To me, and this is just my opinion, CCMJ has had a lengthy and prosperous relationship with one of the companies, upto and including joint ventures and cross product involvement. I think that the other company, Arizona Emergency Products, Inc., is set to go public and since they and CCMJ have been doing such wonderful business together, I think that they are the front runners in the reverse merger. Arizona Emergency Products, Inc. has been growing at a pretty good clip and I think they have the cash on hand and the ability to expand both product lines so that the profits from such a merger would be in the realm of being very very explosive such as was seen when Microsoft went after Yahoo a few months back. Noooo I don't believe it would be on a financial par as those two, but I think the growth potential is just as dramatic. Arizona Emergency Products, Inc. has been doing some expanding over the last few years and I think they are ready to go public. In February, they opened a brand new factory that could easily support them and CCMJ's future growth.
Now here's one to think about. The one thing that is for sure recession proof is our police forces. No matter what, they will be their. Well, you put the camera's of CCMJ together with Arizona Emergency Products, Inc.'s line of products, and you have one company that has the ability to grow at an astounding rate. I have made contact with them and I figure I'll hear back from them on monday.
As to where do I see the price of about $32 dollars a share coming from after the RM? Well, that's an estimate that I came up with when I took into consideration the size of CCMJ and Arizona Emergency Products, Inc. and the growth potential that the business community will see when this goes public, and I came up with a price that is set at what I said earlier. Could I be off, YES I CAN. This is just my estimate is all. But I don't see how the pps could be any lower than about $10 a share on the low end to $32 pps on the high end. Either number is good news for us.
As for the other company in the running. I think they are based out of China but I'm not sure at all. This one is pure speculation. I don't know who it is but there are a few suitors from China that would love to reverse merger with CCMJ. This is all I've got on them. I should know more on monday and will let the board know what I have.
Anyway, all this is speculative on my part and I make no recommendations as to whether you should get into CCMJ right now. All I'm doing is reporting what I believe and what I see and find.
Xilo
Hang in there soontoberich, I'm doing a bit of research and I'll do a full report very soon on who and why I think CCMJ is going to RM with and why I think the pps I quoted might be in line. Just give me a little while longer.
I gotta say though that I feel pretty stupid not off loading at .0065 since it was starting to look obvious that this dip was coming. I coulda doubled my position D@&^ IT.
Hello all, been doing some catching up here. I don't mind in what is my opinion, accumulation since it topped out at .0065. The charts and especially the news on this is way to gigantic. I wouldn't doubt that a short got in here also but I seriously doubt it's gonna make much difference in the long run. It's kind of odd imo though that they are looking at CCMJ as a RM candidate and here's why. Let me throw this in there before I get started. I am extatic that they are being RM'd, just think it's kind of off is all. Here's why I think it's off a bit. CCMJ doesn't look like your normal pennyland company. Usually these RM candidates are companies that don't have much left to offer and are looking for a way to bail out and still pull a profit. Now here's CCMJ. They don't "appear" to be in that bad of shape but yet is looking at RM'ing. I know they are going back on what they said a few months ago about not reverse merging. It just makes me wonder what happened to cause the turn about in idiology that just a few months ago they thought they were strong enough to pull through this current slump to where now they are sure they can't get out of it? I'm thinking that the purchasing company in the RM upped the offer once it became known that there was another player in the game to a point that CCMJ couldn't resist.
With this in mind, I'm thinking we could be looking at a battle between the two RM'ing offering companies that is going to lead to a pps of around $32 a share post merger. Considering that most RM'ing companies do a 5 for 1 reverse stock split, and using an average pps right now of .0040 and using what I have invested in this so far as a jumping off point which is 144,300 shares, then for an investment of just over $500 right now, you'll walk away with just short of $1 million dollars before taxes. YES I SAID JUST SHORT OF 1 MILLION DOLLARS. THAT'S $923,520 RETURN ON EACH INVESTMENT OF JUST OVER $500 DOLLARS RIGHT NOW. Now, if there's any newbies out there, this is what your looking at when this goes RM'ing. Now remember, this will all be condussive on the actual pps once the RM takes place. They won't announce the RM date, you just have to be in at that time and then you get the advantages of the RM. Here's a list of what you'll make if you bought your shares at $.0050 price and how much each share will be valued at post RM. This should give you a rough estimate of how much money you'll make. I'll use a block of 100,000 shares. Calculations are like this. PPS post RM (See list below) divided by pps pre RM (.0050 for this example as a rough estimate.) gives you how many times .0050 goes into the post RM price. Now divide the 100,000 shares by 5 to account for the 5 for 1 reverse stock split. That leaves you with 20,000 shares all valued at the post RM pps. As you'll see, a bidding war is very advantages to us.
RM Price Per Share RM realized profit
$30 -------------------------- $600,000.00
$25 -------------------------- $500,000.00
$20 -------------------------- $400,000.00
$15 -------------------------- $300,000.00
$10 -------------------------- $200,000.00
$5 -------------------------- $100,000.00
$3 -------------------------- $60,000.00
$1 -------------------------- $20,000.00
$.90-------------------------- $18,000.00
$.70-------------------------- $14,000.00
$.50-------------------------- $10,000.00
$.30-------------------------- $6,000.00
$.10-------------------------- $2,000.00
I am with you all on this one. Charts look nice. I got my 144300 shares filled at .0040 earlier today as it dropped back a bit.. Did anyone read my post and then are you able to answer as to whether this affects CCMJ?
Hello all. I like what I see with the RM news. I was doing some digging and found this. Once you read it, can you explain to me as to whether or not this will affect the ability to trade this after the merger? The below link is where I found what is talked about below. Anyway, let me know,
thanks
Xilo.
http://www.reversemergerblog.com/
Guest Blogger Tim Keating Weighs in on Rule 144(i) Changes...Let the Debate Begin
Intro from me: I have asked my good friend and client Tim Keating, with whom I have a respectful disagreement as to the impact of certain aspects of the recent SEC changes to Rule 144, to write a piece setting forth his view of the issue to be posted here, and he has offered the below. Take a read since, as you know, I always do my best here to offer a fair and balanced view of all issues relating to the RM world. I may wait to respond until after the SEC provides a response to my request for interpretive guidance on this issue:
SEC Rule 144 Changes:
The Glass is Half Empty for Reverse Merger Sponsors
Timothy J. Keating
President, Keating Investments, LLC
July 17, 2008 - Last month, I delivered a speech to the Reverse Merger Conference in Los Angeles titled: “Self-Filings: The New Preferred Private-to-Public Path.” My thesis was that certain of the rule changes to Rule 144 that went into effect on February 15, 2008 were clearly not understood by most of the participants in the PIPEs/reverse merger industry and disastrous for reverse merger sponsors. My good friend David Feldman argues that the changes to Rule 144 which shortened the waiting period from one year to six months were the best thing that has happened to the PIPEs industry in many years. Since I primarily look at the world through the lenses of a reverse merger sponsor, I wholeheartedly disagree. In fact, I see the Rule 144 change glass as half empty—at best.
For reverse merger sponsors, there are three major causes for concern in the Rule 144 changes.
First, the SEC explicitly created a doctrine of “separate, but not equal” by adding an extra six-month holding period to PIPE investments made at the time of a reverse merger. Based on excellent disclosure reforms codified in law in 2005, there is no conceivable justification or rationalization for this extra waiting period. One can only conjecture that certain senior SEC staffers still have a visceral allergic reaction to reverse mergers and felt compelled to “do something” to maintain an official taint on this activity.
Second, and far worse, the SEC’s change to the definition of a shell company contained in Footnote 172 (which states that a “start up” company or one with limited operations is not a shell company) on the one hand will benefit a handful of tiny public companies. On the other hand, it has flung Pandora’s Box wide open by providing massive financial incentive to scammers through the creation of hundreds of phony public companies. By not thinking through the unintended consequences of certain aspects of this footnote, the SEC has unwittingly fostered an environment for small cap stock fraud like never before.
Third, and worst of all, Section 144(i) now states that if a company was ever a shell company, and is not current with its financial filings, then its restricted securities held by persons who acquired such securities when the issuer was a shell or former shell can never be freely traded. What does this mean? Providing that a former shell issuer is current with all of its required SEC filings over the previous 12 months, an investor in a shell or former shell can still sell under Rule 144 beginning one year after the reverse merger is completed (or pursuant to an effective resale registration statement). But if a former shell issuer fails at any time to file a periodic report and thus is no longer current with its SEC reporting requirements, under these circumstances (and this is the part that the PIPEs/reverse merger community is not grasping), an investor in a shell or former shell cannot sell under Rule 144 even if the investor has held the stock for more than a year after the reverse merger. This restriction remains in effect unless and until the former shell issuer becomes current with its SEC reporting requirements. This operative word is “ever” (as in ever a shell company), and the law is retroactive. Investors in companies that were once shells and that “go dark” by delisting and/or trading on the Pink OTC Market are screwed forever unless of course they are fortunate enough to have sold their stock when the issuer was current in its SEC filings. Shares held by a shell or former shell investor will never be freely tradable under the new Rule 144(i), and we surmise that no attorney would be willing to opine to have the restrictive legend removed from such certificates other than in connection with an actual 144 sale when the issuer is current in its reporting obligations. The simple consequence is that investors in shell and former shell companies no longer ever have stock that is freely tradable as was the case under old Rule 144(k).
David Feldman has written a letter to the SEC requesting interpretive guidance that the new Rule 144(i) not be applied retroactively. Who knows whether this retroactive relief will be forthcoming? Even if this relief is granted, without further rule changes, it does nothing to help repeal the rule going forward.
In 2007, there were nine traditional IPOs that raised less than $25 million in new capital. Also in 2007, there were 222 reverse mergers, 107 of which involved a simultaneous PIPE financing. In other words, over 90% of the companies that went public last year did so through the combination of a reverse merger and PIPE.
Even though the SEC may not like reverse mergers, it should nonetheless adopt a neutral stance as to how capital is formed, take immediate action to provide a bright line definition of a shell, create a level playing field that does not disadvantage honest reverse merger sponsors, halt trading in stocks that merge with Footnote 172 shells (which are simple to identify) and equalize the Rule 144 holding period for any PIPE investor to six months. If the SEC truly wants to deter reverse merger activity over the long term, it should form a blue ribbon committee to explore and understand the reasons why the U.S. small cap IPO has nearly become extinct. Antiquated and irrelevant rules will surely figure in the findings.
Labels: SEC
Hi all. For what I understand, the 180 day thing started a few months back. I could be way wrong on this but my understanding is that the 180 days starts from the time NASDAQ presented them with the letter which was a while back. They might be at the end of the 180 days and looking to get this over the dollar range very very soon. I've been out of the loop for a while so I could be wayyyyyyyy off. Sorry if I am.
Xilo
And thus it continues. The government wanted to track what we buy so they allowed Visa and MC to be put on our cash cards. With hardly any effort, they have succeeded in tracking what we do in our daily lives and we sheep just go bahhhh baaahhhh bahhhhh and accept it. The banks are starting to go so far as to start charging you a fee to use your own money if you withdraw cash instead of using your cash card. Now, what does this have to do with GPS? With GPS, they can track as to where we are at any time for any function we attend. And all of this is being done under the flag of terrorism. I'll tell ya what, I'm thinking that the terrorism being done now is by our own country on it's citizens. I know this is off subject but it prompted my response to the question of whether they are a GPS company. I don't know if they are or not but I"m thinking it's time our government quit treating us like the terrorist.
Hello all. I see we're flying into the stratusphere here. YEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE HAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CHCI 1@ 11, 4@10. This is hot hot hot. Last post of the day. Started at 6 cents today and didn't do much. Then the word that they were able to close on an MOU started spreading and they took off. It's been rough for them for a little while but this MOU is the kind a company can get themselves out of trouble and back onto hot ground imo. Anyway, last post like i said until happy hour.
Xilo
thanks Monda. Well good, CHCI IS BURNING HOT. I tried posting a different stock on boards a few months back and almost got banned for life. This was right after I started on Ihub. Instead of a lifetime ban, they agreed to a 60 day ban. The lifetime ban woulda made me one of the shortest sign on's in IHUB history to get the boot. I got it within 2 weeks after signing on. Any
Asking a question here because I'm not familiar with where to go to get the news out on a hot stock. I've been watching CHCI all day and over the last two hours, she's almost gone up 100%. I'm not familiar enough with IHUB to know where to go to get the word out. Can someone be kind enough to let me know which board or boards to use please. I don't have pm so if you pm me, don't expect a response.
Thanks for all your help.
Xilo
MM's are hiding trades by the handfuls. I mean their hiding just a huge amount. I wouldn't doubt it this thing closes over .14 or .15 THAT's how much they are hiding. It went from .09 to .12 in one series of sells they let go and I bet they do it again.
Sorry about the off topics. Got a little excited. The last post before this one was more a funny than anything. Once again, I apologize.
This is what I've found so far. I"m digging as we speak but also very tied up in 3 other stocks currently so my digging is limited.
Our Neighborhoods
Customer Care
NextHome Resource
Request Information
WELCOME TO COMSTOCK HOMES
At Comstock Homes we recognize the importance of the home buying decision and the trust you must place in your homebuilder. That's why we do everything possible to ensure that you are satisfied with your choice and proud to be part of the Comstock family. We also understand the significance of the investment you make in your home, so we work very hard to ensure that every home we build is
"Worthy of the Investment".
Diversified Products for Diverse MarketsComstock Homes offers a diverse range of products designed to meet the needs of a wide segment of the home buying community. In suburban areas we develop communities and build single family homes, townhomes, garden style condominiums and adult oriented communities. In urban settings City Style Living by Comstock offers urban styled townhomes, mid-rise condominiums, high-rise condominiums, and mixed-use communities.
Comstock Communities offers livable rental communities in the Washington, DC area. Each community is designed for the active life style of young professionals that choose to rent. The convenient locations of these high quality communities and the preferred customer status and special incentives available when you are ready to purchase a home ensure that every Comstock Properties residence is "Worthy of the Investment".
Building on a Solid Foundation since 1985Since 1985 several thousand families have chosen to make a Comstock home, their home. Comstock is a leading homebuilder in the Washington, DC metropolitan area, the Raleigh-Durham area in North Carolina, and in the Atlanta, Georgia marketplace, and will soon achieve the same status in Charlotte, North Carolina. With each new market that we enter our goal is to become a leading homebuilder by satisfying every Comstock customer and by making every home we build
"Worthy of the Investment".
Comstock Homebuilding CompaniesComstock Homebuilding Companies, Inc. is a diversified real estate development firm with a focus on moderately priced for-sale and rental residential products. Comstock Homebuilding Companies, Inc. trades on NASDAQ as CHCI.
INVESTOR RELATIONS EMPLOYMENT OPPORTUNITIES
Copyright © Comstock Homebuilding Companies, Inc. An equal housing opportunity. Terms of use
LOL CHCI is beating that, LOL
I agree inzomnyac, I think this will go green today and again on monday and tuesday of next week. I'm figuring we'll see the lower to mid .0030's maybe today but more likely next week. I'm seeing a bit of a pullback on wednessday but nothing to dramatic. If we can stay above .0029 next week at the close on wednessday, then I'm figuring we'll see .0040's by friday. Now keep in mind that with this forcast, any news coming out between now and then could be dramatic either way. I've said this all along that this shouldn't be down here and I don't see why it is. That being said, I'm glad it is because this is a killer opportunity for us all to load up. Anyway, this is all in my opinion. I'll have a better forcast come next week. For now though, as I said before, you might want to jump in on CHCI board and see if it's worth taking the ride for today. CHCI looks hot themselves imo for the rest of today. I do believe the game playing with GGLB is at an end, that's why i'm able to give a little better forcast for next week than I had for this week.
Good luck to you all and have a good weekend.
Xilo
I found this and thought it was very interesting considering the way the home construction sector is doing. CHCI is in the upper 20% of companies for the sector. In other words, their plan of business is making money where most of the other companies in the sector are losing money. Now this is a biggy. Check this out.
CHCI PEER COMPARISON
Rank in Residential Construction Industry
81.8% CHCI's consensus score is higher than 81.8% of the Residential Construction Industry.
Keep an eye on this one. The games have begun and this will run hard soon.
Hey you all, i just did a buy that got listed as a sell. They must be just hurting badddddddddddddddd for shares.
The OS is 15mil. Even though it's up almost 100% today, this is ready to go even higher imo today and maybe even into monday. That MOU was huge to them. Gave them for sure ground to stand on even with housing going down over the last few months.
Hello all. Sorry for not getting on very much over the last 2 days. As I said before, my family got sick and now they gave it to me. I gotta do some research to see what I think will happen next. Off subject a bit but I've been watching CHCI which is up almost 100% today. It's still running so getting in might not be such a bad idea. Anyway, I'm looking at GGLB for next week.
Xilo
This has been fun to watch CHCI. Just got in and they are hiding my buys as sells. This must be getting ready to explode.
anyone here?
I want to make a comment on the Wallace Partners relationship and there leader, Mike Wallace. At first glance it looks like another fluff p.r. but let me interject here that a few years ago, I was working as an insurance agent. My company, hired them to help get their brand out there and to increase sales. Now, the insurance company that I worked for, never ever advertises and I mean ever. You've never seen them on t.v. or in a print ad to the best of my knowledge. The founder of the insurance company believed that if your gonna grow, then it should be by word of mouth only. So, in the companies by laws, it's written that they will not advertise. Now comes in Wallace Partners. When faced with this unique situation that Combined Insurance Company presented with the advertisemtn dilema, Wallace Partners had to develop a way to get our word out and not advertise. Well, let me just say that they succeeded with flying colors. Some may have heard of Combined Insurance company but most haven't. If your in the broker's field, I am sure your familiar with their parent company, AON Corporation, you know, the 2nd largest brokerage company in the world behind that group from England. Now it's been a few years since I worked for them so if my memory is off a bit, I apologize in advance. But I'm pretty sure I got it right.
Anyway, where I'm going with this is that if GGLB is hiring Wallace Partners, then something bigggggggggg is brewing IMO. And I do mean biggggggggg. Judging from the work they did for Combined, I'm thinking that GGLB is looking to do some expanding, product growth, and unless I'm way off, keep an eye on the papers to see if they don't hire on a few folks over the next 6 months to a year.
Anyway, that's what I know. You all have a great night and look for a nice bounce tomorrow.
Xilo
Good day all. I see our green buddy performed as predicted. As I said before, don't be surprised if we see an upward bump tomorrow. I've got new funds to play with and you can bet your bottom dollar they will be played here. Anyway, good luck tomorrow to all.
Duck Briwadd, here comes a chart at your head for GGLB that will show you to be a bug eater, LMAO
Hey Stressfree, good to see you. I hope we find you with the Lord having passed a blessing along to you that you couldn't help but stumble over. GGLB is being a bad boy and I had to send her to the corner today. Tomorrow she will be in the corner again and if she acts up, i'll send her to her room to cool off. I figure by thursday, she'll learn her lesson and be more amicable. So what's new with you?
Xilo