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i feel ya bro... i write the donenfeld every single day... i let him know how i feel... show him the numbers... i certainly dont harass him.. but in my opinion my email have affected him somehow... as he shut down alanlp@paragon after two weeks of emails... but theres always bristol@gmail.com and alan@bristoldirect.com etc... he's got alot of them so he still gets them and the subject line is always full in case he wants to delete w/out reading... i did this one other time to a ceo who had balls of steel... it took me like 2-3 mos. everyday emails til he finally broke down and respected me enough to at least reply to me... after that i never emailed him again...didnt need to.. he answered my questions... al is a different animal altogether... hes like the woody allen of wall street... ever see pictures of him? hes just this little guy... also research his sister nancy donenfeld...shes a real new york character...lol
trust me everybody else who owns this stock knows the plans...just not retail... its unfortunate that rodney dangerfield and mau tse dung feel the need to keep us (retail) in the dark... also id like to think that you dont roll a manufacturing co. that is making over a million dollars a month profit into a pink (even though were here now)... thats for the development stage pk's who have no money except just enough for pr's about how many billion barrels of oil are on this property... or how many million oz's of gold is "assayed" and i use that term lightly, on this property... what i am saying is if your company is a public one and making profits in the millions... why hustle? theres no need...
is jennifer pharris still involved with cmey? i wood so love to taps that azz! if and when she goes to jail i will be the first to write her and send pics "ala brett farve"
couple of sec filings in the last few days... pretty boring stuff
most of us left here are not concerned with daily swings... when your pulling in a net income of over ONE MILLION DOLLARS A MONTH...the big picture takes precedence over this time of dramatic changes... new name, new share structure, new management etc... when they decide to unleash their finances for promotion (150,000) people will realize this stock has the potiental to be big.. very big... so enjoy your micromanaging of a stock you dont even own...lol
im in for the long... what goes down will come up...and vice versa... 12 days x $35,000 a day = 420,000 net income since merger... once they start the promotional campaign stuff will rock... but for now as long as dangerfield & wu tang dont put out any press releases nobody knows about this play... maybe its part of their plan? and they are buying all the shares up...hmmmm... anyways it'll be nice to see timberjacked get off the canvas eventually
the reverse split wins by KO in the 4th round... rodney dangerfield and the wu tang clan stand by idly... as the reverse split claims "i am the greatest!!!"
why bid whack buy? your partial saved you between 20 and 40 dollars... but you wreck momentum and devalue the rest of your tbjk holdings?
anyone else think it's rude that the tbjk's management or american puppet master has yet to do a shareholder letter? i mean really cant you at least lay out your vision for the China Wood Inc. before we get intimate november 8th... long all 476k, but would like to see love from them
ive been warning about the hydro merger since august when i got out... no company is gonna give 207 mm in assets for 12mm in paper...that is a no brainer
did i mention they will net another $35,000 today?
oh shiyte... another first time poster here... how many reverse mergers in the history of r/m's wipe out any or all commons? NONE... this isn't bankruptcy... shhesh effing ineptness at it's finest
wait, you really thought this was a deliberate plan to become a pink sheet stock? omg lol... you should really go research pk's... it's for companies who dont make any money or any product...neither of which is a problem for this company...their investor relations account of $150,000 is more than most pk's gross or net in a year... this isnt a start up company people... oh by the way did i mention based on their last financials... yup they net incomed another $35,000 dollars TODAY not this month or quarter...TODAY...and thats everyday not just monday thru friday... but monday thru sunday... it seems like some people just can't get over micromanaging this stock... the penny flipping shoot from the hip posts on a minute to minute basis... chillax people this baby is destined to be a star... a timber star... inside joke for anyone who has actually researched the soon to be CHINA WOOD INC.
SEC filing people
this fron alan donenfelds sec filing 13 d/a
$150,000 Investor and Public Relations Escrow... thats just sick! it looks like to me they will be reaching out and touching some of wall streets players... you dont do 150k for pr's and pumper promotions...lol
Section 3.18 Lock-Up Agreements . The persons listed on Schedule 3.18 attached hereto shall be subject to the terms and provisions of a lock-up agreement in substantially the form attached as Exhibit D hereto (the “ Lock-Up Agreement ”), which shall provide the manner in which certain stockholders, officers and directors of the Company may sell, transfer or dispose of their shares of Common Stock.
Section 3.19 Investor and Public Relations Escrow . At the Closing, the Company shall cause to be deposited, One Hundred Fifty Thousand Dollars ($150,000) in an escrow account to be used by the Company for investor and public relations pursuant to the terms of the Investor and Public Relations Escrow Agreement.
Section 3.29 Anti-dilution . For a period of two (2) years following the Closing Date, the Company agrees that it will not, without the consent of a majority of such Purchasers owning the Preferred Shares at the time of such offering, conduct an offering of securities at a price per share less than the Purchase Price. In addition, other than in connection with (i) full or partial consideration in connection with a strategic merger, acquisition, consolidation or purchase of substantially all of the securities or assets of a corporation or other entity so long as such issuances are not for the purpose of raising capital and which holders of such securities or debt are not at any time granted registration rights, (ii) the Company’s issuance of securities in connection with a bona fide strategic license agreements and other partnering arrangements with an independent third party in a similar business as the Company so long as such issuances are not for the purpose of raising capital and which holders of such securities or debt are not at any time granted registration rights, (iii) the Company’s issuance of Common Stock or the issuances or grants of options to purchase Common Stock of up to 10% of the Company’s outstanding shares to employees, directors, and consultants, pursuant to an approved employee benefit plan, and (iv) as a result of the conversion of Preferred Shares and/or exercise of Warrants which are issued or granted pursuant to this Agreement on the unamended terms in effect on the Closing Date
yeah TBJK is kinda in limbo right now... penny traders see it as a $2.70 post r/s split pricing... which is not in their wheelhouse at all... and big boys / institutional investors cannot touch anything under a dollar as per bylaws of the majority of them... but none of that stuff really matters to me... i am interested in watching TBJK grow into a company that inevitably will be a force to reckon with...what do you think will happen when they put out a news release of them making an acquisition of another lumber / plywood manufacturer? or when consistent audited financials come out every 3 mos. where they've netted 3.3 million to 5 million? this with a small float... this thing has all the potential and makings of a beautiful adventure... and if it begins trading in the $3.00 range dont be sure it cant bag a 6 or a 7...
TBJK sec form 4 donenfeld released
here's about as simple as it gets (your shares) divided by 540= new amount of shares... i am glad that you got that i was only joking and certainly not mocking you... i too will be buying more as finances permit... i may have to sell a couple of oz.s of gold ive been holding for a couple of years now... not all of it... just a couple of nice looking pamp suisse 1 oz. bars
10 presplit shares? they will prolly give you a 1/2 cup of rice for them
@ jermart... your TBJK posting history precludes me from responding to you... sorry
the pain in the arse is gonna be post r/s but not on a "legitimate" big board... where the market makers are far more regulated and can't get away with the stuff they do down here on the lowly otc...i hope they are already introducing papers for a nasdaq designation
brick, are you concerned at all with the amount of liquidity this will have post r/s? 8.6 in lockdown, donenfeld and vikings 1.3 assumedly held for long term, which leaves 53,000 shares of current owners plus private placement and potential future warrants. Of which i dont know if theres any restrictions on for immediate trading. If there is or will be... that 53,000 tradeable will make for an extremely large spread and not alot of shares to go around and around enough to increase liquidity...or am i missing something here?
why battle with the people who hold no shares and will most likely never hold shares of TBJK? It's just not worth it... on another subject... i wrote my first hard copy letter to Ms. Xiaolin Ye today. I asked her if uplisting is their intentions. If the Linyi Chan Tseng Wood Co., Ltd. website will be including an investor relations tab in the near future. And if they could initiate an electronic means of communication, between shareholders and management. As opposed to having to write a letter and buy a $.98 "china" stamp. They must have a healthy profit margin on their per piece of plywood. Net income of over a quarter of a million (250,000) dollars a week and growing is unbelievable!!! I know the actual employess don't recieve the health benefits and profit sharing etc... over in china. Of course after reading the 8-k it looks like even the 3 directors are very austere with their pay... 2 @ 146k and 1 @ 46k I must admit it is refreshing to be invested in a company that seems to be taking a no nonsense approach to business. I've invested in more than my fair shares of joker/clown ceo's who do nothing but kill companies and market cap.
the reverse split has not been effected as of yet...please call pacific stock T/A 702-361-3033 for confirmation of share structure...and no the r/s has not effected me personally...it's the people who come on here spouting b.s... people dont even have the decency to read the 8-k before jumping to their half baked i-hub mentality ideas about what's really going on here...oh and by the way TBJK just pulled another $35,000 american dollars net profit for today...70k net profit 2 days... who pulls that off on the otc bb or pinks??? not many i will assure you that
EDIT: you wont read the 8-k so i am done discussing this with you... good day sir
youre kidding right? the uplist possibilites for an unproven medical device is ZERO
net income 1.1 million dollars a month as per june 2010 financials
31 days a month
TBJK netted $35,000 today
how much did any or all of your other OTC companies you hold make today?
betcha not $35,000
this is daily... not just monday thru friday...but everyday
and i bet you they run all 3 shifts 7 days a week
see ya at the top with this one boys and girls
donenfeld paid $281,625.00 for his 400mm shares... i doubt if he'd roll a company into TBJK that was not going to preserve his over a quarter of a million investment in those shares... you get this thing up to the nasdaq where there are actual rules that market makers need to follow and we are on our way...
tom simeo, viking investments
Qualification Criteria
* Growth rate 30%
* $30,000,000 in revenue
* $5,000,000 net profit
* $4,000,000 in equity (tangible assets)
* Cash flow positive
* Little or no debt
* Seasoned Management (with proven track record)
Viking Investments invests in viable companies with strong management and growth potential. Successful candidates should have a proven track record of a minimum of three to five years of substantial growth. Viking Investments prefers companies that qualify for NASDAQ immediately following the consummation of the Reverse Merger, but will accept other Reverse Merger candidates subject to their growth potential.
i like this part... Viking Investments prefers companies that qualify for NASDAQ immediately following the consummation of the Reverse Merger
Viking Investments’ strategy is to specialize in cross-continental transactions involving Asian companies and American investors, and to participate in one of the greatest transformations and paradigm shifts in modern economic history. To the benefit of our clients and investors, Viking has built an extensive infrastructure in the United States and Asia through strategic partnerships and alliances. This infrastructure provides us with a consistent level of high quality deals from Asia and a great network of brokers, analysts, fund managers and independent investors in the United States.
I think this has been thought through extrmely well by some big shot people.
http://www.vikinginvestments.com/index.html
After Market Support
Through the strategic formulation of a coordinated approach to Investor Relations, After Market Support and Market Awareness (IR Services) our goal is the creation of a two-way information flow between the company and Wall Street.
Viking Investments provides one of America's most successful and respected Investor Relations programs to our client companies. Immediately following the successful listing as a public company, we initiate an intense period of team work leading up to an increased shareholder base and the investment community's better understanding of your company and the full potential of the company’s stock.
Nice Investor Relations also!
alright my magicjack is .02 a minute to china plus whatever the initial hookup is...if you guys want i will call over there and ask as many questions as you would like...post up your questions and i will write them down and ask them to our new owners... are they 12 hrs earlier than us? do i call at midnight central time?
for one the split hasn't happened yet... the directors of china victory in essence sold their ownings in Linyi Chan Tseng Wood Co., Ltd for 86.9% of the new shares (post split) 8.69 million out of 10 million total...to the now publicly owned and traded company TBJK...we shareholders of the now trading 429 million (including donenfelds 400 million) get reduced down to 800,000 shares... so now your at 9.4 or 9.5 million shares... and then as per the 8-k a couple of investment groups (viking investments,newbridge securities) get shares for getting the deal done... which brings you to the new share number post split of 10 million...this thing will attract a whole new investor.. the kind that like to see real companies making real money... not the typical ihub kinda guy who likes to ride huge swings on penny stuff... once this stabilizes imo you will see long term growth investors who see a real good bargain come into this stock...right now TBJK is in the process of weeding itself of the day trading personnel... i say good riddance
these guys are cash rich comparatively speaking to 99% of other otc bb companies... hopefully the flippers are gone and we can get down to the business realizing true value in TBJK...net income of 3.3 million in the first 3 months ( thru june '10) i dont know if i've ever owned an OTC company w/ numbers like that! the biggest issue... which i see as a non-issue is the r/s...once the penny crew is totally out... its all uphill from there...
i bet you they Linyi Chan Tseng Wood Co., Ltd will meet all requirements to move to a real board post r/s... it will be nice to be on a board where MM's are regulated... no more of this wild west crap that they pull off here on the otc board... you do realize that TBJK is actually making money now? shell days are over...
i read in one of my googies, that they can't keep up and thats why they need the dizzle.... this bad boy is gonna make the market chase it!!! cocky mofo's they are...
you dont do a voluntary share lock up for 2 yrs. if your a pig, right?
WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
of course the float will be in the millions... you just read the share exchange part of one of my posts... it will be 10mm shares BUT the shares owned by the company officers are on lock down for 2 yrs....donenfeld runs a billion dollar hedge fund so his shares are safe.. so of the ten million...50,000 owned by us slugs will be the available shares to be traded...sweet!!!!
and those shares are in a 2 year share lock as per the 8-k, alan donenfeld's 400 million converted share amount will not be traded either i assume as hes gonna be long with the very company he rolled into the shell (TBJK) that he used to own but still has shares in... so now your looking at a trading float of 53,000... damn if they continue to do what they do as well as they do and increase profits... these babies may become very valuable!!! that will be one thin float... i am pumped up now!!! it's like buying AT&T in 1930...lol... ok well maybe not that pumped up
where do you get multiple reverse splits from? is this complete conjecture from someone who who only showed up here today? Have you ever seen a reverse merger where the incoming company didn't get fair value in shares for their company going public? Public... get it! They don't privately own it anymore. 86.9% share exchange is not to bad... i would of prefered it to be around 75%. As a condition to the closing of the Share Exchange, we have obtained approval for and will effectuate a 540.61745923707:1 reverse stock split (the "Reverse Split"). This reverse stock split would cause the total number of shares of Common Stock outstanding, including the shares underlying the Series M Preferred Stock (not including the shares issuable under the terms of the Private Placement), to equal 10,000,000 shares. Get that 10mm shares...EPS of a dollar per quarter...super small float.. this thing has a chance to go big!Reverse splits do not lose you value, look at where broke ass AIG is trading at 38.00 after their r/s they were at 20.00. These guys are making money at what they do, why would they need to dilute? sheesh bunch a turd burglars showing up today.
EPS... earnings per share not PPS price per share. Go to investopedia and brush up on your terms...lol
If I have it right, they will have about 12MM shares out after the reverse, execution of the securities purchase agreement and redemption of the warrants. If they make the $13MM earnings target, that would be a little better than $1 EPS. Call it a dollar.
Looks pretty good to me at first glance. Watch out for the ignorance of posters who have only showed up today. We've been here for months diligently discussing all things TBJK.
what do you care about someone who you don't even know personally,investing desires? worry about your OWN investments... he has every right to ignore you... that's what the ignore button is for... anymore of your b.s. on this board and you will be reported by the entire TBJK long family
i agree... if a shell is/ was trading at a penny... and now you have a viable company w/ 400 plus employees w/ consistent profit now injected into the shell... it will be happy days ahead