researching
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Unless you IPO, most trading stocks are reverse mergers with active, dormant or bankrupt shells. Usually, the reverse merger process will modify the share structure which essentially shakes out the few common shareholders. That's what SPEA did, at least. That's why I'm curious on this one.
SPEA was a 13-D acquisition. They acquired most of the common stock for $.10 and acquired new issues in the tender (the price of the shell) for $3M. I'm not sure about travelzoo yet.
SPEA rings a bell from way back. Let me check it out. Thanks.
That's not a good example. It was a bankrupt shell that had it's prior shareholders eliminated and liabilities discharged. Also, their 8-K contained audited financials.
But the "CEO" can post on message boards and hold paltalk interviews? Sorry, but that makes your point rather silly when you think about it.
Form 4's aren't a big deal. The 144's get filed so they can be sold but the 4's are usually skipped by sellers. There's no enforcement on them.
Thanks. I should've been more specific, though. I've seen them so many times that it's second nature now.
bob41, that's what I said. It's after the removal of the restrictive legend by the TA. They can then be filed.
Check PACER. You have no idea what you're talking about.
1.03 x 1.04 5x5
That's just for restricted shares. The filing is to announce the removal of the restrictive legend on the shares, making them free trading.
Most never bother filing the sell. Usually it means that by the time you see it on line, it's already been sold.
Not denying anything. Like I said, it's all up on PACER for review. I just get tired of these posts about federal arrest warrants and such. From the docket reports, it seems that Jones has the only monetary judgment.
I know. Enough with the Timothy Miles junk. It was a civil case, in Colorado (Docket # 1:03-cv-00636-WDM-PAC). Everything's up on PACER for review.
There's no federal arrest warrant, no fugitive from justice or any other such nonsense. It gets old after a while.
Most investors can't differentiate between SEC and NASCAR. They both have official sounding acronyms.
Relative Strength Index, technical analysis indicator.
CVSU isn't worth billions. If they were to cease today, you couldn't liquidate the company and receive $25 per share. They have a small piece of the pie and while the asset values sound good, they don't mean much to shareholder equity.
lol. At the pic.
They were never really audited. ;)
Nothing was "given" to them. The assets were placed in a trust. The trust is a buffer to liability. In essence, the trust can declare bankruptcy to protect the assets. It's standard practice when you're dealing with asset backed securities and taking that pool of assets forward in securitizing them. The don't "own" the assets. Quite the contrary.
I take that back, 0. You need earnings to calculate it. The ratio you're asking for is 0 for now.
8-K's don't mean much. They're material events that are reported in between filing periods. They had a material even, they reported it and that's fine.
As a matter of fact, even if the 10-K isn't complete, the audited financials could be put out anyway. There's no extra cost involved. If I were them, I would've done an 8-K and included audited financials and that would've had the most impact.
To answer your question, you can't determine book value until you see those audited statements. glty.
53chevy,
None of those are him. Enhancement Holdings was him. They were the ones that failed to get financing for bban.
They've gone out of their way to list the achievements and education for the others but Harris and Stanley don't list education and don't list any other employers. You'll find the same thing in the bban filings, where you include a business/education biography.
That was a reverse split. Try again.
Symbol: CSHD MktCap: 2.5 Billion PPS: $25
SP500 list by 2.5 Billion Market Cap
===========================================
American Power Conversion
Bausch and Lomb
Ciena Corp
Dillards
Dow Jones Corp
Goodyear Tire
Navistar International
Nicor
Novell
PMC-Sierra
QLogic
Radioshack
Snap-On, Inc
Solectron
Symbol Tech
Tektronix
Teradyne
Unisys
Watson Pharma
When the price resets CSHD will have a market cap similar to the companies on the list.
They'll actually be larger than Goodyear Tire, Radioshack and Unisys and some others.
6digits is, I'm sure.
I was a joke. It's his dad. He owned Cougar Custom Vans near the south carolina border.
"CEO" is a loose term. Harris is just a high school graduate with nothing to show from 1990 - 2000 and has no formal education or business success.
lol. I bet we can find one on this board...
lol. Neither of them have anything. His dad's over 70 so he might be retired now, I don't know.
It's his dads. He owns a van customizing service near the SC border.
Google it.
It was a joke. Hence the lol part.
lol. Wasn't that where he did that fraudulent deal for the club?
Those were his assets that he tried to hide from the BBAN litigation. lol
PM 6digits. He's looking for a man.
6digits is sending out vulgar pm's to people. This guy is a complete disgusting whack.
I know what you're saying and agree. But it's just not that clear cut. Laws are in place for people to try and exploit them. I know that's not the intent, but that's what happens. Most of these companies know exactly where the boundaries are and act within them.
Dishonest doesn't always mean illegal.
Well said. That's excactly it. Legitimate companies try and grow their business and when the business requirement makes them go the public route to raise capital, they do. Then you have the one's with $0 and no anything that go the public route to raise capital for what?
That sounds like Claudio.
It's not just that. The SEC is in place to enforce securities laws. Contrary to what people think, they're not there to protect investors from making idiotic investments. They really could care less. They want to ensure that the laws are being followed.
Just so you know, the OTCBB and Pinksheets are just a quotation service. They're not a market, nor are the securities listed securities. They're privately owned and operated.
It's kind of like a glorified Classified Ad. Really. Most people call up a quote and think otherwise. Someone even referred to this stock regarding the "trading floor". It's not.