researching
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9M shares, $350k salary, $100k auto, $8k monthly auto allowance, 2% bonus. Sepaniak has the same agreement but "only" 3M shares.
It's going to get ugly.
Vixio Technology is another HQ.com virtual office. Website under construction.
I sure hope Hanold doesn't bring brass bulls back. Here's some fine work by one of the Lovitos
eWan1, Inc.(Pink Sheets:EWAN) wishes to issue the following clarification to its release, BW5918, (CA-EWAN1) "EWAN Contracts with ARM Technologies and JTAG Technologies to Provide for Secure Componentry for Its Patented AccessKey(TM)" issued Tuesday, September 12, 2006:
Upon review of the aforementioned press release it was determined by ARM Technology (LSE:ARM) (NASDAQ:ARMHY) that ARM did not authorize eWAN to reference ARM in its press release.
Additionally, within the same release, JTAG Technologies was referenced as being a supplier of the "primary operating system" for eWan's AccessKey(TM) technology-based products. This statement was both erroneous and misplaced, as there is no formal or informal relationship between JTAG Technologies and eWan.
George Stevens, eWan's CEO, commented, "We are truly sorry for any misstatements that eWan has made with respect to both of these highly regarded companies. With respect to ARM, we did not utilize the proper press release approval process, and as such did not have ARM's explicit permission to reference that company in the September 12th Press Release." He continued, "With respect to JTAG Technologies, eWan has neither a formal nor an informal relationship with JTAG. One of eWan's vendors has a similar moniker to that of JTAG Technologies, which was somehow erroneously replaced with JTAG's name during the editorial process. I truly apologize to both companies as well as our shareholder base and the investing community at-large for this oversight and any and all inconvenience this may have caused. We will shortly be correcting this error with the issue of a new release that accurately reflects and references our vendor relationships."
FOR FURTHER INFORMATION, go to the Company's website at: http://www.ewan1.com, or contact: Brass Bulls Corp - (866) 342.2700, matthew@brassbulls.com.
Brass Bulls
Corp.
Matthew Lovito
866-342-2700
matthew@brassbulls.com
lol. He's trying to make the point that Sepaniak wasn't indicted. But the others were and the sec's still investigating. Weida never released another 10Q or 10K, had no business, filed for BK and delisted to the pinks.
Sounds like Sepaniak's a real asset to any company.
I did. 2 pr's from the company? The sec indicted 2 of them and they're still investigating.
Weida ended up having no real business and filed for BK. He was the CEO the entire time.
That's incorrect. Charges were brought on. The SEC indicted Zumwalt just this past Friday.
http://www.sec.gov/litigation/complaints/2006/comp19842.pdf
Teknowlage Completes Design for Point, Click, and Dream
August 28, 2005 News Release
Complete? Still looks like a template with minimal content.
Incorrect. You have the dates wrong.
rotflmao. Those posts are funny. I sure hope you were kidding and didn't really fall for that garbage.
Check securities owned under assets, then compare that to securities sold. Since the 10Q's a snapshot as of the last day of the quarter so you'll see settled and unsettled numbers.
Ah! Yes, that's it.
OT: Was it from a tv gameshow in Total Recall?
I'm sure the acquisitions were done using shares. Even with the current projections, it's basically $.01 share book value. And their projections aren't unreasonable. In fact, I think it's conservative. They have a good distribution channel set up and their business model shouldn't require large overhead expenses (inventory, depreciation, commission structure, etc). Margins are pretty much fixed but volume would drive the sales revenue and gross profits.
Not much of a projection as just a point on liquidity and spreads. The twist came in with the bumped up o/s and the fact that others didn't have the new shares credited. That made me jump out and watch it. I figured there were more shares (you can't acquire something for nothing) but I wanted to see the reaction.
lol, yes this board is a breath of fresh air. The "other stock" makes for stressful reading. It's difficult to just get a point in edgewise. I'm going to "reset" the hundreds of posts there and start fresh tomorrow morning. I told my wife I wouldn't spend any time reading that board this weekend. And heck, football's on!
Don't get emotionally tied to your stock(s). It'll make you do foolish things! lol. Buying and selling doesn't mean you don't support the company or are betraying it. You do what's best for you!
I rarely average down. It's a good way to lose a lot more than you want to. Every time I pick a stock, I have my exit point on the loss before I even buy it. If it hits it, I'm out and look for an new entry point or another stock. Same with profits. A gain is a gain, so I figure out what my total cost is and what type of gain is reasonable. Yes, you may miss out on big runs but it's still gain afterall. But I also don't rush to sell as soon as it goes red or green. Choose the targets and execute.
Another thing I do is buy at the bid and sell at the ask or somewhere in between, depending on the spread. Most of the time, I'll get my order filled and if it doesn't, oh well, back to watching and recalculating. I never chase it one way or the other.
Just my $.02. I'll be watching this one again tomorrow morning.
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 19842 / September 21, 2006
SEC v. Anthony F. Giordano, Civil Action No. 06-60033 (Graham, J.; O'Sullivan, M.J.) (S.D. Florida, filed January 9, 2006)
SEC v. Joseph Y. Zumwalt, Civil Action No. 06-61407 (Moreno, J.; Simonton, M.J.) (S.D. Florida, filed September 18, 2006)
Securities Law Recidivist Sentenced to 120 Months in Prison and Ordered to Pay $5.5 Million in Restitution for Hedge Fund Fraud and Stock Manipulation
Co-Conspirator Charged Civilly and Awaiting Sentencing on Parallel Criminal Charges
The Securities and Exchange Commission announced today that on September 20, 2006, the United States District Court for the Southern District of Florida sentenced Anthony F. Giordano to a federal prison term of 120 months and ordered that he pay criminal restitution in the amount of $5.5 million. Giordano, a securities law recidivist living in Boca Raton, Florida, was convicted after pleading guilty to violations of the federal securities and wire fraud laws in connection with his role in a hedge fund fraud and stock manipulation. One of Giordano's co-conspirators, Joseph Y. Zumwalt, is awaiting sentencing after pleading guilty to violations of the mail fraud laws in connection with his role in the hedge fund fraud and. The SEC filed parallel civil fraud charges against both individuals in the same district court. Without admitting or denying the SEC's allegations, Giordano and Zumwalt consented to final judgments permanently enjoining them from violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder and imposing permanent officer and director and penny stock bars.
According to the SEC's allegations, Giordano and Zumwalt's first scheme victimized several investors, including two nonprofit organizations, who lost millions of dollars in a purported hedge fund, EPG Limited Partners, Ltd. Giordano and Zumwalt are allegedly responsible for numerous material misrepresentations and omissions to investors concerning the use of their funds and EPG's purported assets and returns. Giordano and Zumwalt are also alleged to have diverted substantial amounts of investor funds for undisclosed purposes, including personal use. Giordano and Zumwalt's second scheme involved market manipulation of the common stock of Weida Communications, Inc., a publicly-traded company. Giordano and Zumwalt are alleged to have manipulated the market price for Weida common stock to approximately $5 per share, in part to facilitate the sale of Weida stock in private transactions at approximately $3 per share. Hundreds of investors, many elderly and unsophisticated, allegedly paid millions of dollars for Weida common stock at these inflated prices between June 2004 and April 2005. The SEC suspended trading in Weida securities on April 25, 2005.
The SEC acknowledges the assistance of the United States Attorney's Office for the Southern District of Florida, Federal Bureau of Investigation and Florida Office of Financial Regulation. The SEC's investigation is continuing.
A long on the board posted that the TA confirmed Conversion shares were in the OS over a month ago. It may have been BS since an S-4 hadn't been filed, but there's ways around it.
I'll see if I can search on who posted that info. If the TA isn't gagged now, someone should put a call into them.
It'll drift down, imo. Day flippers will take profits. Lunch time slowdown coming up now.
Try Scottrade. In at $.70, split shares in my account this morning, out at $.11 and looking to get back in once it shakes out a bit. glty
Same symbol.
My scottrade account reflects split shares. I did a double take when I saw my cash value for ECFL with the closing price at $.72
Well said. 100%.
Rufus is an idiot and needs help. This is the Jerry Stringer of penny stock fluff.
Also, check out the 8-K that contains "variable interest entity". It shows how they could elect to file the combined financials in a 10-K instead of doing an 8-K for the new financials and filing the 10-K as a point in time for Furia. It all makes sense when you spend a few moments to figure it out.
A hyperlink is like this:
<A href="address.of.the.website.graph">The graph I want to show</a>
The trust is what's known as a "special purpose entity" or SPE. The more correct name now is VIE or "variable interest entity".
Basically, the bondholders assign the bond to a VIE as an off balance sheet transaction. That shields them from bankruptcy and other liabilities. The asset (bond) is accounted for at face value, not present value. Once the VIE securitizes the asset, it's further protected (ala Enron) since it's off the balance sheet of the holder and now has other investments attached to it. The assets (not true assets since they aren't really owned by the VIE) are transferred to the balance sheet of the VIE (or trust). They can claim it as an asset, but can't be liquidated, so the book value is meaningless.
Book value is commonly known as break-up value or liquidation value. In CSHD's case, they can't liquidate it (hence the trust or VIE).
It's all a bunch of accounting BS. The only tangible assets are the horse stables.
We may see a good run on this one. They have good distribution channels in place so far, for a new company. The price/liquidity factor will also help out.
I'm new to this one, but I see a low overhead, low capital intensive venture with decent margins on sales volume and servicing revenue. Still checking it out.
3 mins to closing. Buy 1, get 10 tomorrow! lol.
No, not all all. But with the added liquidity, it can be more easily justified than $.50 - $.60 spread. I see that and I don't jump in. But $.05 - $.06? Sure.
Right now, I bet we won't go from $.70 to $.80, but I can see $.07 - $.08 tomorrow. They'll probably be releasing a merger PR next week. I see some play in this, imo.
Looking good. I think those that didn't understand the forward split understand it now.
ot: I think about that all the time. Just a guy trying to provide for his family and have some fun and comaraderie.
One of the lasts posts to him on gamez n'flix said to be careful on the road.
I'm very, very sorry.
Seems strange that a stock that's supposed to "reset" as such an incredible multiple of current pps has paid so much attention on shorts. Why doesn't Harris just keep quiet and do what he says he will do? Instead he's PR'ing and updating the website. All for stock that he says he can care less about since they don't benefit from it.
It gets worse. I merged the two into an excel spreadsheet. 85% of them matched up to the financial institutions. But each entry on the NOBO list was between 3 - 4 times that of the DTC list.
ergo: I just ran the numbers. For each share on the DTC list, the NOBO list is between 3 - 4 times the amount. The dates are all wrong too. It's a farse, imo.
It's all screwy. Check this sampling:
DTC
JMS LLC - 20
MELLON TR - 20
US BANCORP - 40
PIPER JAFF - 200
--------------------
NOBO
JANNEY MONTGOMERY SCOTT LLC (JMS) - 80
MELLON - 80
U.S. BANCORP INVESTMENTS - 160
PIPER JAFFRAY & CO - 800
The spread should improve and there'll be more liquidity. We'll see what happens.
It's the same: 15,184 106,405,424
which number?