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Instruct, you aren't banned from the ERHE board:
http://www.investorshub.com/boards/seebans.asp?board_id=1909
at a follow-up JMC meeting set for Abuja in two weeks. Doesn't that mean "fortnight"? And, wellllll, we all know how that goes. :)
That's good to know, how long do they have to drill?
No, not saying they do have control of it. In my post, I made the point that Dolphin Drilling did not specify where the Belford Dolphin was supposed to go.
My "edit" was to say, "even though this wasn't mentioned in the email from Dolphin, Crazy got his info this morning, and is therefore the most up to date official information on the destination of the BD."
Yes, and it does not state where Anadarko is sending it just "for it's own needs".
Edit: However, this email was from August, so it seems that Crazy's info from RIG is more up to date as he spoke with them this morning.
Wow, Magic, thanks alot, I really appreciate it.
And, based on the articles I posted earlier today, I've been thinking this post of yours is getting more true every day.
Posted by: magicatlast
In reply to: None Date:9/22/2006 4:58:36 PM
Post #of 76752
Given the current state of politics and witch-hunting in Nigeria, if I were in SEO's shoes, I might consider a major liquidation of some assets, and moving myself and my stash somewhere less volatile until the dust settled a good bit.
That's what I thought but it seems that Transocean will be doing the servicing. It never even occurred to me that a company wouldn't service their own rigs.
See, learn something new every day. Thanks.
FWIW, this is portion of an email I got from Dolphin Drilling re: Anadarko plans:
"We therefore expect the Belford Dolphin to transfer directly from ONGC to Anadarko some time late this year/early next. We understand Anadarko has been approached by a number of companies to discuss the possibility of sublets but to date it seems that Anadarko is focusing on using the vessel for its own needs.
Crazy, you drinking already this morning? Or am I crazy?
I'm assuming by RIG you mean Transocean. What do they have to do with the Belford Dolphin?
http://www.fredolsen-energy.no/?aid=9048927
Here's another article with Offor mentioned. I seem to remember Oilphant posting either the entire article or least excerpts, but after a quick search, I think he must've deleted it?
Editorial
THE BILL ON THE NIGERIA POLICE SERVICE
Let’s Open The Can Of Worms
Ken Nnamani, Senate President
Rumour mongering is a much sought after ‘virtue’ in the land today. One of the qualities that give you mileage in the scheme of things in the land is the ability to spin rumours about happenings in the corridors of power.
Rumour mongering has unfortunately become an integral part of government and governance. Nigeria would no doubt be ranked among the most polluted nations in terms of rumours either founded or unfounded.
Over the years, we have watched helplessly as it gets ...... into the psyche of the people. But rumour mongering, a vice that has become a virtue in the land has been of great benefit to the Nigerian nation of the various attempts to refute these rumours has given light in many instances, into the happenings at the nation’s corridors of power.
So, if any information is needed in any sector of the nation’s socio-economic life, all that is needed is a dose of rumour. In Nigeria, unlike some other parts of the world, there is an element of truth in most rumours. Rumours in Nigeria comes as allegations of misconduct and mismanagement against a public officer or an organ of government. Even after the allegations have come to prove that these rumours might be hitting the bulls eyes with stemming accuracy, Nigeria is a nation that is governed by secrecy. Our elected public officers see no reason why the owner of their mandate deserves to know how their mandate is being managed.
And that is most unfortunate. The greatest lesson from the face-off between President Obasanjo and his vice, Atiku Abubakar is that there is need for the demystification of governance in the country. There are too many secrets in our government that must be blown open in the overall interest of the nation and to keep rumour mongering at bay.
There is the utmost need to de-classify a lot of information that had little to be described as classified and confidential. Government must be transparent and accessible to the people. If democracy is indeed a government of the people, then the people should not be kept in the dark in the operations of their government.
There are too many secrets in the government for the comfort of the people. The right to know how our mandate is exercised is not only fundamental but also an in alienable right of the people. The people that are entrusted with our destiny are riding rough and packing skeletons into their cupboard at our expense.
We are being governed by those who think they are doing us a big favour by their election. They expect us to be eternally grateful to them for accepting to rule over us. If we are to reap maximally from this season of revelations then the way we treat information and access to it must be reviewed.
That is why the passage of the freedom of information bill must be of prime importance to the people at the National Assembly. Our lawmakers must save the nation from the clutches of sleaze by giving vent to the right of the people to know. There are so many atrocities being committed by the operations of our democracy that the access into their books would have prevented.
Now in the land, there are so many questions begging for answers. So many secrets that we deserve to know as a nation. Orji Uzor Kalu, the governor of Abia State in the last seven years underscores the need for the declassifications of information in the land. The governor alleged that the president and his vice are only scratching the surface with their revelations in the last couple of weeks.
According to him, the two most important public officers are only playing with the intelligence of the people as they have not opened up on their roles in the mounmental fraud in the real sector of the economy. He wants the leaders to go deep into the other secrets as their expose on the handling of the funds of the Petroleum Technology Development Fund (PTDF) is a child’s play compared to what they are still hiding.
Kalu concluded that the current revelations are peanuts compared to the large scale not in the nation’s finance. And this is the crux of the matter. Why should the finances of the nation be convered in secrecy. Why is it difficult to throw the nation’s account book open for the knowledge of the Nigerian people?
Why, for instance is it difficult to have an accurate figure of the number of barrels of crude oil we sell in a day? The activities of the Nigeria National Petroleum Corporation (NNPC) has been shrouded in secrecy and the rumour is that the place is the nation’s corruption pot.
Several allegations of corruption against the way the supervisory authorities of the economic mainstay of the nation is being managed. Why is it that difficult to access the account of the NNPC to give Nigerians first hand information on happenings at the corporation?
Joe Ajaero, General Secretary of the National Union of Electricity Employee (NUEE) added to the list of rumours in the land with the allegation that a big chunk of the over N50 billion invested in the power sector ended up in the private pockets of some people.
According to him, Nigerians must begin to ask questions on the way they are governed. But if you ask question and no credible answer is offered, what can you do when it is in their discretion to tell you the truth or not.
Aside the official denials, no concrete effort was ever made to convince Nigerians that we are not running a government on sleaze. That was why it was easy for a public officer to accumulate N7 billion naira. That was why it was possible for the president to “bail” his vice out of a debt situation with N50 million naira.
The nation is still waiting for the president to explain the source of the N50 million he used to help Atiku even after the presidency had initially denied receiving money from the embattled governor of Plateau State, Joshua Dariye.
That was also why it was possible for the presidency to shop for an unbudgetted N7 billion to facilitate the National Political Reform Conference. The National Assembly has done well to demand a probe of the PTDF. They should go beyond that to the real sector where more stunning revelations awaits the Nigerian people.
The NNPC, the Ministry of Works, the presidency, the INEC, the National Population Commission, the PHCN and other real sectors of the nation’s economy should be probed. We must begin to ask them what they have done with our money. A situation where states fund has been turned into a fabrication that is used to oil the libido and sexcapade of our elected officers is not too good.
Vice President Atiku Abubakar says there are two other accounts apart from the one operated by Otunba Oyewole Fasawe. If we cannot ask Waziri Mohammed the state of the account he was managing on behalf of our president and his vice, we expect Emeka Offor to come out and explain how he’s been managing our account that is with him.
These two accounts should also be probed. The nation deserves to know how funds got into the accounts and the identities of the recipients of the fund. I agree absolutely with Kalu, more revelation awaits the nation in this tale of .... lets open the can of worms.
http://www.tribune.com.ng/30092006/politics_2.html
Offor mentioned at the bottom.
http://www.vanguardngr.com/articles/2002/north/nt804102006.html
Etete accuses Atiku, Fasawe of massive corruption
By Jide Ajani, Political Editor
Posted to the Web: Wednesday, October 04, 2006
ABUJA—CHIEF Dan Etete, Petroleum Resources Minister in the Sani Abacha regime yesterday accused Vice President Atiku Abubakar and his business associate, Otunba Johnson Oyewole Fasawe, of forcefully taking over Oil Prospecting Lease, OPL, 245, belonging to MALABU OIL, against laid down procedures, and engaging in massive corruption.
Malabu Oil used to be owned by Chief Etete until, according to him, the Vice President, Chief Fasawe and their Italian business partners seized 50% interest in the company.
Chief Etete spoke yesterday on the African Independent Television, AIT.
But in a swift reaction the Atiku Abubakar Campaign Organisation dismissed the charges of corruption against the Vice President and threatened to go to court.
The Etete interview was broadcast twice yesterday first at 9am and again at 3pm.
Etete, alleged that Vice President Atiku and one Gabriel Volpi, identified as the Managing Director of Intels Services, Port Harcourt, and two other Italians first demanded 60% interest in the company otherwise the licence would be revoked.
He said the “first attempt crystalised when the trio of Volpi, Beruschi and Berger came to France, with the power of attorney to act on behalf of the Vice President to hold talks with me as a consultant for MALABU OIL.
“At that meeting, they told me that their outfit, based on instructions and acting on behalf of the Vice President, would want 60% of OPL 245.
“They also made it clear to me that that was the only way we could do business.
“But as consultant to MALABU OIL, and confronted with this vicious approach to business, MALABU OIL, decided to go for peace and we agreed to the 50% proposal.
“However, at some other point in time, we were confronted with some form of money transfer.
“At that time, MALABU OIL had the opportunity of paying in batches or on a pro rata basis and the company paid Two million and forty thousand Dollars.
“Because of the introduction of SHELL into the entire business, SHELL was expected to pay a sum of $17, 960,000.
“Unfortunately, and because of the way SHELL operates in so many countries of the world, the company paid that amount to the Directorate of Petroleum Resources, DPR, but for whatever reasons, the money was never paid into the bank.
“For a period of three months, the money was kept and was not paid into the bank. And after the three month period, the money was not cashable.It could not be cashed. “Now, what sort of company would pay such an amount of money and it can not be cashed.
“Even as we talk now, the matter is in court but SHELL has refused to pay the sum of $500 million which it had been ordered to pay.
“As for the Vice President, there was a time when a meeting was scheduled for the Vice President and myself somewhere in the south of France.
“We held the meeting on a yacht belonging to the former Yugoslav leader, Tito.
“Volpi, Atiku’s business partner and associate gave a very useful speech as a businessman.
“He then left Vice President |Abubakar and myself and I asked him pointedly whether his boss (President Obasanjo) was involved in all the deals we’re talking about and he said 'of course that how do I think all these would have happened if his boss was not involved.
“But it was a lie", Etete said, adding “for instance, Intels, where he said Vice President Abubakar has 20% stake, was alleged to have sold a waterfront property to some foreigners for $2million.
“There was another instance where some huge sums of monies were transferred to the Vice President. The documents are here and those who sent the documents to me, I’ve never met them before, they just sent it to me.
“The money was sent to Atiku and another associate, Emeka Offor and it involved about $180 million.”
Etete, who made it clear that he was ready for whatever was coming, however, charged that both Atiku and his associates, as well as SHELL should not do anything that would injure his person both socially and physically as he was ready to take on all comers.
Touting a penny stock site:
http://www.investorshub.com/boards/profile.asp?User=83623
And he showed Liz Moyer his bank statements?
I wondered about that, too.
"And the records show Knabb has plenty more cash available to invest in the company."
From Forbes-PGWC:
Attack On Pegasus
Liz Moyer
There's a hit out on Pegasus Wireless.
As if a 95% plummet in its stock price since May weren't enough, signs of trouble were already popping up before the Fremont, Calif., wireless equipment maker moved its stock from the over-the-counter bulletin boards to the Nasdaq national market in April.
In March, Pegasus (nasdaq: PGWC - news - people ) Chief Executive Jasper Knabb began getting e-mails from individuals in Europe who said they had questions about a private placement in Pegasus. Trouble is, Pegasus had not arranged a private placement.
Instead, a Nevis-based advisory firm called Oxbridge International had arranged it without the knowledge or authorization of Pegasus. According to e-mails and other records, Oxbridge representatives cold-called the investors and got them to invest amounts in the range of $1,700 to $2,800 each by wiring money to bank accounts in Spain or the U.S. and filling out a few forms.
"How stupid I have been," writes one U.K. investor. (See: " Oxbridge Scams Pegasus.")
What took place during the following six months would become a source of increasing alarm inside Pegasus.
It all started in April, when Pegasus listed on Nasdaq. An increase in trading volume was to be expected, as Pegasus shares got wider scrutiny and as they were added to the Russell 2000 index. Institutions stepped in to buy shares. By the end of June, top institutional holders included Goldman Sachs Group (nyse: GS - news - people ), Vanguard and the Ohio Public Employees Retirement System.
But the volume continued to accelerate beyond what some thought was normal-- beyond 1 million shares a day--and the stock, which peaked at $18.90 a share in late May, began a precipitous collapse.
Negative news reports started appearing, even as the company reported positive earnings and made plans to unveil its promising new technology that allows video streaming from a home computer to television sets throughout a house. In late August, Pegasus customers and suppliers began getting strange e-mails attempting to warn them away from Pegasus, claiming mismanagement in one of its majority-owned subsidiaries.
Records held by Pegasus' transfer agent indicated there may be as many as 30 million more shares out there than it has on record. That suggests that short-sellers have been selling shares without actually borrowing them--a controversial practice known as naked short-selling.
Knabb says he pleaded with market regulation officials at Nasdaq to look into the seemingly unusual activity, but it continued. The unrelenting pressure prompted Knabb to make a critical decision a week ago: he would voluntarily de-list his company from the Nasdaq rather than stick around.
"The fight is just beginning," Knabb said in an interview last month. "But I can't win a battle in this market when no one is willing to help us."
Knabb has reluctantly joined a group of companies and individuals who are contending that loopholes in the financial system are giving manipulators wide latitude with which to operate, under the not so watchful eye of regulators and largely outside the knowledge of small-time investors, who won't realize what hit them until it's too late.
Of course it could be that Pegasus is just a poor investment, as some have asserted. At $18.90 a share, the valuation was rich. Revenues are on a trajectory to hit $100 million this year, up from $3 million last year, but a good portion of the growth came from acquisitions. Margins are improving, and sales are set to increase once new products hit the shelves, but they haven't hit the shelves yet.
Pegasus shares have fallen from $18.90 to about 61 cents. They were trading at $13 a share on April 21, the day of the Nasdaq listing.
Pegasus, best known for its wireless Ethernet bridges, is the amalgamation of several reverse mergers and several partial acquisitions in the last few years. Last week, it unveiled what it considers to be its most exciting product yet, a device that allows consumers to wirelessly stream DVD-quality video from a computer or a camera to any television in their home. TV production company Boxx Communications won a technical Emmy Award this year using the technology.
It's the same type of product virtually all of Pegasus' rivals are developing, including Apple Computer (nasdaq: AAPL - news - people ), Intel (nasdaq: INTC - news - people ), Hewlett-Packard (nyse: HPQ - news - people ) and smaller companies like NetGear (nasdaq: NTGR - news - people ). Pegasus claims to be the first out with its version, however.
The technology is the next evolution in a market that has seen an explosion in the popularity of devices for downloading music or real-time news broadcasts. "This is a chance where smaller, more nimbly fitted companies can step out of the shadow" of behemoths like Cisco Systems (nasdaq: CSCO - news - people ) and Apple, says Robert Egan, a consultant at Tower Group.
But while it was gearing up for market, Pegasus found itself mired in something largely out of its control. An official at the U.S. Securities and Exchange Commission wouldn't confirm whether any investigation was taking place. Nasdaq also won't comment on whether an investigation had been opened.
But a market regulator, speaking on background, said, "It's clear that there are certainly some red flags" here.
Published accounts about the company focus on Knabb's prior business history, and allege that Pegasus is a scam run by a penniless snake oil salesman. One article called him a "self-promotional huckster" and concluded that the company was "doomed under his leadership."
Much of what has been written is a distortion or an outright fabrication, Knabb says. At least to the point of his financial condition, a review of his personal bank accounts shows Knabb invested more than $16 million of his own money in Pegasus over the last year, all of it in cash, in exchange for restricted shares.
And the records show Knabb has plenty more cash available to invest in the company.
The steepest drop in Pegasus came after the company laid out the terms of a warrant issue in early August. Knabb says he wanted to reward investors for sticking around while the stock dropped, and he wanted to do so without diluting the shares.
The warrant was payable only to beneficial owners, however, meaning brokerages holding shares in street name for investors would have to report to the transfer agent who owned what and how many shares they had. Some brokers resisted.
The episode raised a fresh round of criticism directed at Knabb, who was accused of trying to manipulate his share price up by forcing short-sellers to cover their positions.
It remains to be seen whether the attack on the stock will make it harder for Pegasus to get its product on store shelves. Costco (nasdaq: COST - news - people ) representatives attended an event last Thursday in New York when the new video-streaming technology was unveiled. Best Buy (nyse: BBY - news - people ), which had also been invited, pulled out.
Knabb says that there are five more products in the pipeline and that the company is exploring a number of opportunities, including a licensing arrangement with Microsoft (nasdaq: MSFT - news - people ).
Just because the stock is down doesn't mean he's going away. "We're going to survive this," says Knabb. "Hopefully, if we've done everything right, our numbers will reflect what we've put in our business."
http://www.forbes.com/home/wireless/2006/10/02/pegasus-attacks-shorts-biz-cx_lm_1003pegasus.html
This board off by one this morning:
http://www.investorshub.com/boards/board.asp?board_id=3961
"paitence is the virtual to success"
Don't the post numbers remain the same, though, and there's gaps in the post's numbers?
Yes, that's what I thought it was at first and was really suprised there were deletions on The Golden Lists board. The post numbers seem to be in order, though.
I sent this to Meatloaf earlier. Who should these be addressed to?
And, an update, it only seems to be happenening on The Golden Lists board.
http://www.investorshub.com/boards/board.asp?board_id=94
Posted by: rocky822
In reply to: Meatloaf who wrote msg# 74211 Date:10/2/2006 5:52:23 PM
Post #of 74437
Whenever I click on the number on my favorites page to go to the unread message, it takes me to the message board instead of the post.
Whenever I click on the number on my favorites page to go to the unread message, it takes me to the message board instead of the post.
OT: Since there's not a lot of info to digest here, thought I'd share this with any who may be interested. I haven't read it yet, as it's 54 pages long.
I found this under Google Scholar and it's a paper titled:
"A Clinical Study of Investor Discussion and Sentiment"
This is first paragraph:
Abstract
In this clinical study, we examine the information flow for four stocks over seven months to trace
the relationship between on-line discussion, news activity and stock price movements. On-line
discussions are characterized by numerous unsubstantiated rumors, substantial on-point
exchanges and quick dissemination of imminent and recently-released information. An interview
with a frequent poster reveals the benefits and costs he perceived from his participation in on-line
discussions. Using various language processing routines, we create sentiment and disagreement
measures based on the comments posted on the message boards. We combine this “e-
Information” with other components of the traditional information set to characterize public
information flow. We analyze the determinants of sentiment and disagreement, and trace links
between news, e-Information and stock returns. This intensive clinical study of on-line
discussions suggests mechanisms whereby individual investors and groups analyze and digest
company information.
http://www.people.hbs.edu/ptufano/einfo_Nov2004.pdf
LOL!
Newsweek article:
By Brad Stone
Newsweek
Oct. 9, 2006 issue - Warner Music, the fourth largest music company in the world, has every reason to wage business and legal warfare against popular video-sharing site YouTube. The Internet upstart gives its 34 million users free access to songs and videos from the label's entire stable of artists, including Madonna and Green Day. But instead of hostility, Warner digital-strategy exec Alex Zubillaga says he felt something like sympathy during a recent dealmaking visit to the firm's Silicon Valley headquarters. YouTube's 60 employees—who share a grand total of 10 landline phones—are so crammed into small offices over a pizzeria in downtown San Mateo that Zubillaga says, "I almost felt bad for them."
Last month, Zubillaga's fondness for the bootstrapped start-up and its founders, Chad Hurley, 29, and Steve Chen, 28, helped to produce a landmark deal between Warner Music and YouTube. By the end of the year, the label, run by media mogul Edgar Bronfman Jr., will be able to yank any unauthorized songs or video clips from the site if Warner doesn't like the way they're used, or if Warner doesn't own all the rights. The two companies will then share the revenue YouTube plans to reap from advertisements placed alongside Warner material. Five years ago, the record labels jointly sued the pioneering file-sharing service Napster into oblivion. The YouTube-Warner partnership signifies, at the very least, a gentle thawing of relations between the music industry and the disruptive insurgents of high tech.
But the latest, hottest company to emerge from Silicon Valley isn't out of the woods yet. YouTube still faces huge legal, business and competitive challenges in its struggle to become an actual moneymaker. The first obstacle: striking deals with the other three major labels, including the largest, Vivendi's Universal Music Group. Its CEO, Doug Morris, ominously told investors last month that "copyright infringers" like YouTube and MySpace "owe us tens of millions of dollars." YouTube must also find actual revenue to cover the enormous costs of serving up an astounding 100 million videos a day over the Web. Both tasks are formidable, which is why most analysts and media insiders scratch their heads at recent published reports that the company's acquisition price is $1.5 billion. "I draw a lot of parallels to Napster," says Fox Interactive chief Ross Levinsohn, who spearheaded News Corp.'s $580 million acquisition of MySpace. "The minute a Yahoo, Microsoft or News Corp. buys YouTube, you have a target for anyone who wants to sue."
Nevertheless, its deal with WarnerMusic is a promising accomplishment forthe 20-month-old firm. The company was founded by two former PayPal employees, Chen and Hurley, to allow Internet users to easily post and watch videos on the Web. The idea was so instantly compelling that ever since, the site has generated a stream of cultural sensations: Lazy Sunday. Lonelygirl. Nobody's Watching. The site's growth rate has spawned nonstop rumors about a possible acquisition, even though Hurley has told associates he wants to build "the next Google" and eventually go public.
From its inception, YouTube has tried to distinguish itself from earlier Internet copyright infringers like Napster. It hasn't been easy. Users have posted countless bootleg recordings of live concerts and entire episodes of shows like "The Simpsons," while using copyrighted songs as soundtracks to their own living-room lip-sync sessions. YouTube responds to any objections of rights holders by quickly taking down the material, which, according to most legal experts, places it squarely under the "safe harbor" provisions of the 1998 Digital Millennium Copyright Act. As part of the Warner deal, the company will soon begin taking an extra step—using audio "fingerprinting" technology from Silicon Valley firm Audible Magic, which automatically determines if a song on the site belongs to Warner.
Even if that technology works, other record labels may not be satisfied. An exec at one music company, who doesn't want to be named because there are ongoing negotiations between YouTube and his firm, says that the terms of the Warner deal don't make sense because "YouTube has no ad revenue to split."
That's YouTube's second big challenge: using its momentum and audience to find a workable business model. The company is only now beginning to develop advertising muscle aside from the predictable banner ads. Every day since late August, a single advertiser, like videogame maker 2K Sports, has posted an ad on the well-trafficked YouTube home page; the commercial routinely gets played hundreds of thousands of times in 24 hours. But the real money lies in tapping the millions of buried pages of user-created videos, many of which feature potentially distasteful fare and are therefore unappealing to advertisers. YouTube's senior director of marketing Julie Suppan says the firm is "weighing and evaluating" placing short commercials after videos from the site's most effective contributors and splitting the revenue—a model developed by a YouTube rival, Revver.com.
But the clock is ticking for the Silicon Valley star. YouTube has raised $11.5 million in venture capital, mostly from Google backer Sequoia Capital. But its operating expenses, which it doesn't publicly disclose, are undoubtedly massive and growing. An exec at a rival video-sharing firm that operates in a similar manner calculates the cost of streaming 100 million videos a day over the Internet at more than $2 million a month. RBC Capital Markets analyst Jordan Rohan calls this "the winner's curse." The more popular YouTube becomes, the more expensive it is to store and serve videos and keep the business afloat.
YouTube also faces growing competition. Last week Microsoft announced a similar video-sharing service, Soapbox, joining Google, Yahoo and MySpace as aspiring YouTube killers. The Internet giants, with their deep pockets, are better able to finance the steep overhead and can spend more to display video at higher resolution. They also have established relationships with the very same media companies that might now be weighing partnerships against lawsuits when it comes to video sharing on the Web.
While it figures all this out, YouTube hopes its audience and biggest contributors will remain faithful. But even that's a lingering question. Creators like Doug Sarine, the 33-year-old co-mastermind behind the popular "Ask a Ninja" series, want to get paid, too. Though his videos have been watched on YouTube millions of times, and YouTube recently approached him about building an ad-supported "Ninja" channel on the site, Sarine has started experimenting elsewhere, advertising on his own Web site and trying out Revver.com. He wonders "whether YouTube is a practical advertising space." That's precisely what the rest of the world is waiting to find out.
http://www.msnbc.msn.com/id/15079910/site/newsweek/
Magic, I agree completely. I just read it again after AA asked for it and it just left me confused. As a snapshot, here's the opening paragraphs:
There are five weeks until the midterm elections. But Democrats are acting as if they are already back in control of the U.S. House.
However, they may yet be confronted with problems created by oil-hungry, greedy supporters. Among them -- Andrew Young.
Then closing paragraphs:
On Sept. 17, a Nigerian air force plane crashed, killing 13 of that country's top generals en route to a meeting to discuss the military role in policing the oil industry from theft and threats of sabotage.
In this wonderful frenzy of giving, could the presidents of the United States and Nigeria have been inexplicably and illegally well rewarded? For what? Now is the time for some answers.
I'm not as eloquent as many here, but I do know there's supposed to be some sort of opening statement outlining what you're going to be discussing and then a closing statement summing it up. This whole article is confusing and very poorly written, imo.
OT: I have no idea...I even tried to google and still don't have a clue...
You are trying to access material included in JSTOR, an online journal archive made available to researchers through participating libraries.
Unfortunately, you do not have access to JSTOR from your current location.
Ask Brez. LOL!
Ok, well right back at ya..."Dude, your killin' me. I haven't got a clue what your sayin'"...I have no clue what "Wolfers National Security" is and why it might be an "Ambiguous Symbol"... :)
Glty.
"Rolling on floor laughing" "ROFL"
In other words, I though that was a great post and it made me laugh...maybe I wasn't "on the floor" but it was more humorous than just "laughing out loud". :)
ROFL!!!
LOL! I was thinking the same...the only one I've been able to find so far that has as many is:
http://www.investorshub.com/boards/seebans.asp?board_id=6423
Thanks, Serf, and I agree - the one rule I do try to trade by is "the first half hour is for selling only"...paraphrased from Jim Bishop.
Ok, no gold plating, but better quality than many flyers I receive. Although, now that I think about it, I've never received a mailer re: a stock before.
I know my italics got screwed up on the last one, but, serious question. Is this a big red flag for dilution or dumping? Or is it just confirmation that there could be a great momentum from this campaign?
It was a REALLY nice flyer, though. LOL!
But the real kicker is the $850k distribution fee.
with a distribution fee of eight hundred seventy five thousand dollars.
As I understand it, that's a $975,000 marketing campaign. Right?
So, does that mean dumping or dilution? I really don't know, serious question.
I haven't yet and will probably only call AMTD. Last time I called Etrade, I was on hold for 30 minutes, got no satisfactory answer and was put on hold...after 20 minutes I hung up. Called back and was somehow (?) disconnected. I'll let you know what AMTD says.
Bridget, I received a heavy, card stock flyer promoting BZCN on Friday. (The killer is that I think they got my name from either Ameritrade or Etrade as it has mine and my husband's full name on it! grr!). Here's the disclaimer:
Green Light Stocks Report (GLSR) is not a registered financial advisory. Information presented is not an offer to buy or sell securities. Because GLSR received this inform from various sources, there is no representation, warranty, or guarantee as the the accuracy of the info. GLSR contains forward looking statements, and BZCN's actual results may differ materially. GLSR may hold positions in BZCN and may buy or sell at any time, which may affect the share price. The profile of BZCN is a paid advertisement by a third party to GLSR in the amount of a one hundred thousand production fee with a distribution fee of eight hundred seventy five thousand dollars. The target price was determined arbitrarily and may fluctuate. BZCN is an early stage company with limited clientele and is not profitable. For BZCN's financial statements and other disclosures please visit www.bizauctions.com. The prices of the peer stocks in the matrix were estimates of the 50-day moving average share prices on 8/29/06. You may ose all or part of your investment by investing in BZCN. Penny stocks are highly speculative and are unsuitable for all be very aggressive investors. Comparison to peers is not always a reliable valuation method, always consult a registered financial advisor before making any decisions.
Lug, Electick replied to me publicly as he doesn't have private messaging capabilities and he addressed the post to me (as in "Rocky, the answer to your question is a qualified yes.") As there were no public messages from me asking a question of Electick, BB assumed correctly that I had sent him a pm.
At least that's my assumption. From my understanding, the only people who can see private messages are the owners/ administrators (i.e. Bob, Matt and Dave).
"Is this the same Rocky that is always PM'ing Electick?
Not sure what that has to do with anything, but since you asked, I have sent two pm's to Electick. I think I've probably sent more pm's to you than to him.
And, I think you missed the entire point of the post. While you believe strongly in your opinion, it's still only that - your theory.
What if, WB did call in the feds? You think it was done to keep the price artificially low. What if it was done because he took his fiduciary responsibility seriously and didn't think the decisions SEO was making were fair to shareholders? What if he did it to protect those of us who don't have millions of shares?
I'm not saying I believe that to be the case. But, it is the other extreme of the theory you posted.
My point was that none of us know what transpired between the two and, my opinion, is that the reality probably fell somewhere in the middle of these two extremes.
No, I only see the commands. But, you're right, from the message list, I can see the different colors and sizes.
And, I agree with Cintrix, it's annoying.
LOL! Yep, I see that one.