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couldn't agree with you more.. AIGI deal and spin off would be great and PV already mentioned that he's been in contact with a major condom distributor..
sounds good.. yea i own about 5.6 mil shares so, id be happy with an over night jump to like $0.25 depending on the revised share structue.. still a lot of speculation as you mentioned as well.
as for us shareholders, philip verges said in a web meeting over the summer that the deal wouldn't leave AIGI with the bison and NVAE holders with the skin.. so, it appears he's looking out for us as well on top of what Poster44NY said about it saying AIGI $5 mil in IPO cost.
the peices of the puzzle are slowly coming together and i just hope philip delivers for us all.
the quick answer is a lot of speculation between 100-1000:1 which you get 1 AIGI share for every 100-1000 NVAE share..
we're at the point where both parties are eager to complete the merger and now we're awaiting details on share ratio and other details. should be any day now..
also, AIGI plans to release and IPO this year around $5.50 a share so, if i were you, do the math for extreme position.. for instance, 1000:1 ratio;
11,000,000 / 1,000 = 11,000 AIGI shares at $5.50 = $60,500
there's some old post where some of us discussed all these speculations and estimates to get an idea of what we would get out of the deal..
cross your fingers!
good idea.. that's all we can be at the moment until something is completed, signed, sealed, and delievered!
id suggest looking at this board on a daily basis or even weekly to get updates.. most of the people here post good stuff and news when it's available. since this one is way under the radar there's no agenda bashing to get people to sell.. haha.
keep holding, i think we're all in for a nice x-mas gift!
go NVAE!
also, refer to this link, it has all the most current PR's and links for Philip Verges blog..
http://investorshub.advfn.com/Savanna-East-Africa-Inc-NVAE-17115/
nice.. im in wilmington.
to summarize from june - nov, NVAE announced a merger with AIGI (http://www.algaeplanet.com). since then we've had a number of updates and most recent news to be released is here on a sticky note, http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81173148
philip verges also created a blog this year to communicate with shareholders and to give his two cents about whatever. it's a good blog because he's definitely showing that he's trying to change his reputation and gain trust in shareholders, so far all of what he said has happened..
at the moment, we're waiting for final word on the merger and share conversation ratio.. so, for every NVAE share you own, it'll be converted to AIGI.. BUT the good thing is AIGI has filed with the Regus (refer to sticky note above) and plan to release and IPO this year.. more good news is that NVAE is valued at $43K according to its market cap and AIGI is worth $55mil so, it's a huge jump.. IPO shares are looking around $5.50... as you can see, people are excited about this one.. id like to buy more but cant at the moment..
that's great about the oil investment party.. unfortunately if we did try to do something like, some people may not be able to attend......OR could they? since we're hoping for a nice profit with NVAE, maybe that money could easily be for travel..
would be awesome to do something like that.
enjoy the telly, i have a hockey game tonight so, i'll be up for awhile here in delaware.
chat tomorrow!
i hope so.. knowing my luck, i'd set a price at .30 and all my shares would sell....then later finding out the price increase was actually at $1.. haha..
im not sure how to play this one when things are final.. im going to wait and see, make the decision to sell when i feel the time is right and hopefully walk away with a nice profit like all of us want to do.
i hear ya.. i started messing with the penny stocks about 1.5 years ago and NVAE has the best potential that i've ever seen.. im fortunate to have someone tell me about this stock then and at the time, i was looking for short gains.....but now, im expecting a huge gain..
in time we'll see how this all gets worked out.. i emailed PV the other day and no response yet.. im going to assume that's a good thing because last time he ignored our emails, he sent us an update all at once since he was busy.
i have about 5.6 mil NVAE shares and whatever the ratio is, i think all of us will walk away with nice profit.. depending on the timing, i might just set my limit to sell all shares at $0.30 in advance.. haha, ya never know.
all scenarios sound great to me at the moment.. if we all walk away from this deal with 5-6 figure profits, id jump for joy! haha.. it's looking pretty realistic too. of all the examples, i like the over night NVAE increase. haha.
if NVAE does something wild and we all get a good chunk of change, id say we rent a fire hall and have a NVAE shareholder party.. haha. our name tags would have our user names since that's how we could recognize each other.
id settle for an over night NVAE share increase to $0.30.. haha.
that would allow me to retire early.
that's good news..
i emailed PV today about share structure, ratio, spin off, etc.. im hoping to hear back from him soon or when the deal is finalized.
good volumne today..
only way to make it $55,000.00.... just buy more shares!
haha
GO NVAE!
hmmm...not sure if that's good or bad?
it appears your luck is changing for the better.. im waiting to see how NVAE plays out before i just into any other PV stock.. of course, NVAE has been a learning experience for myself which is why im waiting.. a year ago, i probably would of bought more PV stocks so, i guess it's all relative to the information we have at the time of purchase.
good luck! hopefully nice x-mas present for us all after the merger details surface.
RJ,
can you sticky your post regarding the latest merger news?
i have the same account, 15 post a day.. forunately there's only 5 mins left in the day for trading..
and NVAE is up 100%....for now..
good stuff to come in time!
haha.. well thanks for posting anyway!
moving forward we should consult with RJ on stocks, he's good DD..
jimmy/RJ,
thanks for keeping things updated with us holders.. all good questions as i'm wondering as well about the share ratio and spin off..
i know that PV was traveling yesterday and said to look for news this week.. i didn't think it was going to be today but nice to see he's getting things done..
has anyone emailed him about details of the deal? when we could except ratio, share structure, spin off.. etc.?
hmm, this one is definitely worth keeping an eye on.. if good things happen with NVAE, im going to watch all of PV's companies..
very interesting and thanks for the message.. hopefully we'll hear more in the futre about this one..
im still doing some DD, anyone know much about,
James D. Tilton Jr.
nice to hear he said "keep your eyes open."
good news should be on the way soon!
Jimmy40, i was considering the same idea of buying additional stocks that PV owns. after reading PV's email, NWMT is the one i'd most likely buy but im holding until i see something happen to NVAE. id rather see if PV delivers with NVAE before investing in his other companies.. in my opionion, NVAE is the only one making big strides and NWMT is next and the others to follow suit (i hope).
we should be hearing some good news soon!
poster, here's that info i was talking about earlier.. if the link doesn't work, it's post entry number 10,135.
this would give you some additional insight on how much you would make with your current NVAE shares..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=78919146
gotcha.. thanks for the input.. i think RJbluesky has some good insight on this and he/she posted a good entry awhile back giving a detailed breakdown of a realistic share structure.
if i have time to look, i'll try to find it and post it again.
all i can say is if we went lower than a 500:1 at $5.50 a share, that would be freaky awesome..
thanks!... i own about 5.6 mil NVAE shares and if it was 500:1 at a $5.50 IPO.. that would make me very very happy!
are you referring to the NVAE:AIGI shares?
that would be sweet if the ratio was 500:1 so that for every 500 NVAE shares we have, we get 1 AIGI.. then if they have an IPO this year that opens around $5.50-6... phew, we would all have a nice x-mas present!
sounds promising.. im very interested to see how the structure works out for us holders...come on big money, i could use it! as we all could for various reasons.
i was a little distracted this week due to the hurricane sandy. i live in northern delaware which took a good part of the storm but not as bad as the coastal areas of NJ.. this was good news to see an update from PV regarding the AIGI merger and condom factory.
thanks for the heads up.. great news from frank!
do you know what's been updated?
i tried going to their site twice and it keeps spinning like the page is being loaded but nothing shows up.. hopefully that means they're updating it because it's loading slow.
me too.. i emailed PV a couple weeks ago that around the time of his meetings with AIGI and Palm Healthcare. As expected, I didn't hear from but was hoping to around this time of the month.. im going to email him again today and hopefully we'll get a response. if i do, i'll post the update.
i'll sell after the AIGI merger.. it'll make selling at .0003
look like pennies.
hopes and dreams don't keep stocks moving up in price, we all know that.. im stuck in this stock like most people and don't see much improvments..the funny thing is you would think people would be concerned about the tropical storm that's going to affect the dominican republic and all the power lines associated with OTOW.. haha.. we don't have to worry about something that isn't there.
http://www.weather.com/maps/news/atlstorm18/spec_floater3_large_animated.html
someday, i hope and dream to break even..
I hope to see my friend and shake his hand. I hope the pacific is as blue as it has been in my dreams. I hope.
Spike007, yea, we see where you're going with this and would LOVE for you to do that.. i think it would help any doubt we may have. i called the flower store located within the european village shopping center after the PR came out about OTOW store opening.. the person said, there's a sign in the window saying "coming soon O2 secure wireless."
my question to you, how can a PR being released about a store grand opening knowing it still says "coming soon" in the window?
i can get a good look of a t-bone (OTOW) by sticking my head up a bull's butt but wouldn't you rather take the butcher's (Val) word for it? in this case, we've taken the butcher's word and it means nothing, now it's time to stick our heads up the bull's butt to see there's a t-bone.
PS: fyi, im limited to one post a day on this board so, you won;t hear a response from me today.
this stock is going to $20/share...
lol, im just kidding..
i think once the PR or multiple PR's are released, it'll move pretty fast here.. depending on the timing, there might be a last minute scramble for NVAE shares making the price go up for a decent return for shorters.. us longs know things will get interesting to say the least..
i'll give it to the end of this month before i start getting more concerned since PV has documented that. meaning, PV stated the deal will be completed by end of october if my memory is correct. right now, i think all of us invested in NVAE have been very patient and loyal.. now it's time for PV to deliver!
nice.. thanks for the info!
agreed.. considering the timing of all the blog updates we've had at this point like; AIGI going public this month? PV has told us they plan to have the merger final by end of this month (rather sooner than later), and on top of knowing most of the details about the merger except the share swop ratio.. id like to think a final PR is the last piece of the puzzle.
i think PV communication to shareholders has been the best i've experienced with a company.. i've seen other boards with PV stocks and shareholders don't seem to be that happy with his past business model(s). i don't blame them for being hesitant but i think over the last few months, PV has made positive strides to gain confidence in his new perspective on business and the market.
let's hope he is true to his word and we all benefit from this merger as we expect.