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Hi Jim, SWNE was a stock I had before the split was announced. I tried to clear out some shares before the split but still had 525 left. Does this mean I end up with just the 1 share Ameritrade shows on my account or will I receive the 500?
Anyone following ANSW? Close to bottom here?
I have Ameritrade and it still shows SWNE in my account. Do any of you show MCII in yours?
I called Ameritrade and was told the change would be made tonight.
Thanks again, SSP.
Thanks SSP. Can you tell me what the "**NSCC Eligible Security (National Securities Clearing Corporation)" means in relation to MCII? Will this have any effect on my receiving the shares in an Ameritrade Apex account? TIA
I'm new to this board so I don't know if this is of interest to you or not so I'll just post the notice and you tell me what you think.
Petel Acquisition triggers $207M stock dividend to shareholders
Petel Incorporated Acquisition triggers
$207M stock dividend to shareholders
(Pink sheets: PTEL.pk)
Petel Incorporated today announces the agreement to acquire a further
company into the Petel Group. The new addition to the Group will
provide Petel Incorporated with the vehicle to build a global,
non-adult, broadband broadcast television corporation.
The acquisition company is listed on a UK stock exchange and will not
be identified until it has completed a required reorganisation.
Funding of the acquisition will be via a like-for-like share exchange
between the two companies. The transaction will result in a strike
price of £0.75 ($1.50) for the acquired company shares. The acquired
company will issue over 138 million shares to existing Petel
Incorporated shareholders, resulting in a dividend stock issuance
valued in excess of $207M.
It is anticipated that the company will be identified week commencing
11th June 2007, the proposed record date.
In summary:
? The acquired company will become a subsidiary of Petel Incorporated.
? The company will be acquired into the group via a like-for-like,
1-for-1 share exchange.
? All existing Petel Incorporated shareholders at date of record will
receive one share in the newly acquired company for each Petel
Incorporated share they own, with a strike price of £0.75 ($1.50).
? Further details and the identity of the acquisition will be
published week commencing 11th June 2007.
Petel Incorporated CEO David Morton comments ?We are very pleased to
have successfully concluded the negotiations for this acquisition. The
new addition adds massive value to our operation, both in terms of
product and resource, and will open significant new markets to the
Company. In addition, it is gratifying to be able to deliver a
valuable dividend to our shareholders and supporters?.
Petel Incorporated?s five year forecasts and business plan are
included in the Corporate Overview, published on the Investor
Relations page at www.petel.co.uk
For more information please visit
www.petel.co.uk
Or email
enquiries@petel.co.uk
lem, you might want to check out ANSW. It's been up 9 of the last 10 days and shows no signs of slowing down. This is Ask.com, you'll see it if you use Google. They reference a lot of trafic to them. Rumors have it as a possible buyout target.
Thanks lem, I tried it. Ive got 525 shares. Just not sure it will work out but it's worth a try.
Sorry, that' should be HotOtc.com.
Got this email from HotOtrc.com this morning:
PTEL - Volume Alert
http://finance.yahoo.com/q?s=PTEL.PK
Petel Limited is an integral part of the Petel Inc., specialising in digital media development, utilisation, production and delivery. The highly skilled management team represent significant experience gained in a vast array of entertainment media, with multi platform adaptability, creative flair and a passion for maximising performance from the latest available technology.
I never thought I'd see it, post split, but I'M GREEN!!!
stinkeye, glad you mention the sight. Quite interesting.
I just subscribed
walldog0, I agree 100%. I have researched past deals and have not found one that compares, favorably, with the deal ERHE has made.
Let's simplify "full Carry" in terms I understand, because I do a lot of antique car restorations.
Let's say I come across a man with 10 vehicles in need of restoration and I bargain withhim to do the work.
I will take 7 of the vehicles and, after restoration, hand over to him 3 that have been completely restored.
He spent no money but he has three restored vehicles.
The "full carry" is paid for right now...we just don't know what has been paid for until the oil begins to flow.
When it does begin to flow we will be making money because we gave up percentages of our rights.
We have full carry because we "paid in full", in advance, with the percentages we gave up.IMHO
Thanks dbernet, that's because I try not to make any wild guesses. But if my friend is right we should know by the end of May. Oh, that's 2007. LOL. If he's wrong I won't remind you. If he's right I won't remind you either.
Thanks mark. I really doubt any who trade these kinds of speculative stocks would be that easily deceived. But I do understand your point. I felt when oilphant first showed up on the board too much was made of his pronouncements but really felt everyone would find out one way or the other. I guess some are still entetained.
Not at all. It's based on a source of my own. Just not sure enough yet to state it as fact.Hence, the IMHO.
mark, why do you get so upset. Even with your sources you have not been "factual" or correct when things were supposed to happen. I think one could assume anything stated is opinion unless some form of proof is given.
And by the way, mark the date and check back when all is made public and you will probably see he is correct and the merger has occurred. All IMHO.
Is anyone here able to trade PTEL. If so what brokerage are you using. TDAmeritrade still has not changed mine.
solid, you must be with Ameritrade. I called and that's the same thing they told me.
pick, I have 35000 shares. Maybe that's too few to count.
Mark, many of us here have appreciated your efforts but, just as with others, your sources most times have not been accurate.
The main difference is Oilphant seems to enjoy speaking in riddles.
I find his posts entertaining, if not accurate.
I give him, and others on the board, the benefit of the doubt --maybe nothing sinister -- just misled by some source.
I really can't find too many accurate predictions in the 4 years or so that I've held ERHE.
If anyone allows what someone posts on a message board to influence their investing, they won't be investing very long.
Good luck to you, and don't think I want you to stop posting just because some forecasts don't pan out.
I also bought back in this am. Missed the low of .135 but got it at .145. I think we may see .16 before the day is done.
Hey guys, I play Lebed a lot. He wasn't the one who was "had" yesterday. You can bet he sold before the news, just as I did.
just always figure what he says is just to get the price up and then sell before anything happens and you will almost always make money.
Random_K9, you are correct. That is exactly the way it reads.
"Erhe/erhc on topic only" as determined by chcr.
I think when he files to sell that means he has 90 days to do so. It could be he is expecting a rise in sp within that time frame and has filed so he will be ready to take advantage of the increase. We can only hope.
Hey guys, you all need to chill just a bit. Go back and read your own posts and you'll find most of you have been wrong more times than right. The main difference is you don't speak in riddles and you don't attract as much attention. I don't think personal attacks are considered "on topic".
chcr, I don't see the difference in homeport's post #74217 and the one I addresswed to oiphant which you deleted. Seems you don't treat all posters the same. And there was no reason for you to delete my post. I know you have a thankless job here but it would be easier if you treated everyone the same.
It seems I offend you with my rare posts so if that's the way it's going to be I'll just not use this board to post.
And don't try to tell me it's because I was off topic - just read the past 100 or so post and you'll know you don't apply that standard to everyone. Sorry to have bothered you.
The scripture sighted not only talks about tongues and interpretations but also about all being different parts but one body. All part of one huge body - therefore must have cooperation ( buy in/buy out, whatever) in order to make it work.
My Ameritrade account has not changed. Shows no activity under either symbol.
From Jonathan:I would like to make it clear that all actions by myself and the board are for the good of the company and specifically the shareholders. Believe me I have done more for the company and shareholders that would be reasonably asked of any individual. As for hiding information that is not and was not the case nor in fact ever has been. As per the by laws of the company, the announcement was sent as a courtesy to the shareholders and not a requirement. However it appears I am dammed if I do and damned if I don't, so as long as I deliver the success then I will be fine this currently I am fine. I would also like to ask that before you take nay actions or lose faith in Medify you wait to see the reason for the current activities. An announcements will be made clear today and you will see that the benefit is now definitely with, for and on behalf of all Medify Shareholders. Hopefully you will see today the massive progress we have made and your fears and surprise will be offset by good news. Yours, Jonathan.
The search warrants - don't know very much about rigs. My oil experience is just what I've learned in over 3 years of being in ERHE.
Thanks oilphant. The information you provide is much the same as I have heard. You will be vindicated on this board very shortly. Thanks again.
I also told her I was concerned we would not make it since the CEO & CFO were gone we might not make it. She replied " No, we're going to make it."
Thanks Dadd, not often I can contribute anything of value.
I just asked Carol if possible our 10Q would be on time. She checked with someone and came back with "It will be on time".
umbra, male or female really doesn't matter, such terms should not be used on the message board. An old saying "boys will be boys" but then, men should really know better.
I, for one, appreciate your input.
Thanks Red, if not for you I wouldn't be in this stock!
BM report was useless. Everything he had to say has already been presented by several posters here today. Looks like a cut and paste job to me
texasspeculator, I like the Longhorns too, but they did give us a touchdown we should not have been given. Hey, we're the champs anyway. I especially like it since all the so called "gurus" didn't think USC could be beat.