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They have 391 million shares outstanding. My fault.
What do you mean? they have 310 million shares outstanding.
This 2 employee firm is almost a 310 million dollar company. Very strange to me, but good for them.
Kudo's.
Good luck to you.
This is almost a 310 million dollar company. Don't they have only 2 employees that work in a suite???. Very Smart People.
You guys need to bust a ryhme, or go back to selling crack, just telling you the truth man, this isn't a personal attack.
You owe me 5$.
Happy holidays.
Good luck with your target of .03
When a company does a purchase of assets. They HAVE to state how much they purchased them for. Didn't see it, this stock is going to triple zero. 4,000,000,000 authorized shares. I just did a big o belly laugh.
It's not hard to notice the manipulation that is going on in this stock. It's real simple, the promoters are pumping the stock and the people with the shares (preferred or not) are getting ready to dump. That's why you don't see any massive selling just match trades.
PHGI does have a good concept, but it's fubar now. Kudos for JB for making alot of money and screwing over his investors. Unless of course you got in at the very bottom.
I think this board needs a comparison of total restricted 1 yr ago and total restricted now.
I'm going to buy a shell, and the way I'm going to add value is to insert my coin collection and baseball cards in the assets and call my company liquid nickel balls, Inc.
Isn't this PAIM, the same company that bought back the shareholders shares for .00002 and then sold them back to you greater then .0001.
Guys, I was kidding. If I did choose to invest in Russia, It would be in the BRIC fund. I still haven't found a pink sheet or OTC:BB to invest in. In my opinion owning a pink sheet is owning your own ATM machine, so I really don't have that much interest in pinksheets. It's easy money for you and you can get really greedy because it is truly easy money. It's really simple how these CEO's do it, however I don't feel like typing it, I'd rather just record myself and send it to your emails. Me and a partner were going to buy a pink sheet and then reverse merge it to a legitimate company that was profitable. Then dilute to aquire more of the same type of company or offer shares. Or you can just dilute, put your company in debt, and give yourself preferred shares.
How do I invest in russia? Here's something funny replace Russia with a pink sheet symbol.
"The largest fully automated water bottling facility on native land in the world, the company constructed a 75,000 square foot addition bringing the total plant size to 148,000, and was the recipient in the 'Partnership' category (Cott Beverages Canada) for the 2002 Ontario Global Traders Award, and ranked 20th in PROFIT Magazine's list of Hot 50 in Canada's Emerging Growth Companies."
I loved how they used Native Land. This is a pink sheet right? Why would they buy a pink sheet instead of a OTC:BB to show off there earnings to the world. Another sad story of dilution in my opinion.
That makes absolutely no financial sense. Buying from the US, Holding the water in Canada then shipping the water to China. The Cost of Goods would be a hell of alot higher then the actual revunue, and there would be no profit margin. Each bottle of water you would sell, you'd lose money on. Now, In my opinion, This Company is full of shit, and released that PR to sell shares. I think that's funny.
12,270,000 Dinar = 8 US Dollars.
122,7000,000 Dinar = 80 US Dollars.
1,227,000,000 Dinar = 800 US Dollars
12,270,000,000 Dinar = 8000 US Dollars
122,700,000,000 Dinar = 80,000 US Dollars
1,227,000,000,000 Dinar = 800,000 US Dollars
http://www.auditmypc.com/iraqi-dinar.asp
Iraqi Dinar is very real (there is a U.S. bank that even sells Iraq Money), but the pitch many Dinar dealers try to send your way is far from reality and designed to get you buy from them. Some of these dealers even go as far as to explain that they are trusted by the government and supply you with a document to substantiate this lie.
First, the US government requires a business to register with them when selling any kind of currency. Once you register, the US Government will send you a letter confirming your registration. IT DOES NOT mean that they trust or vouch for the company, only that they complied with the law.
Dealers specializing in Iraq Money like you to believe they have been cleared by the government (background checks, etc) - don't fall for it!
Iraqi Dinar Facts
Dealers also like you to believe that they go to great lengths to get the Iraqi Dinar, such as flying people to Iraq to collect the money, bringing it through customs and more; Again, don't fall for it, chances are, it's another big lie!
Know this, investing in the Iraqi Dinar, as with any type of currency trading, is a big risk! Yes, there is a possibility that it may make you a lot of money, but it is a very remote possibility!
You will see charts and read material that will make you anxious to buy, perhaps even to the point that you may make a panic purchase but don't let it influence you. Step back, take a deep breath and know that the same pitch existed a year ago.
Iraqi Money
If you could go back in time to 2005, you would see that many of the sites dealing in Iraqi Dinar promised wealth by 2006 and as you can see, not much has chanced with the money since then.
My advice: Say away from the Iraqi Dinar as an investment. If you are into big risk, then obtain some, but know that it has not changed much since its inception. A great resource is the Iraqi Dinar website. They have a ebook packed with information that will save you time and money! Information such as U.S. banks that sell and buy Dinar and true risks associated with Iraq's Currency.
Truth about the Iraqi Dinar
I have Iraqi Dinar and can tell you that I bought it with the idea that the Iraqi Dinar may never make me money. It is a slim, very, very slim chance that it will perform, but I knew the risks before hand.
Below is the Iraqi Dinar Exchange Rate and currency calculator. It's easy to use, simply enter the number of dollars and you'll instantly see the value of the dinar.
Note: This currency exchange works for more than just the Iraqi dinar, it works for any world currency and is completely free. Visit IraqiDinar.org for more information.
"As soon as this matter is concluded Sebastian River Holding's Inc. will honor the dividend, even if the rate of the Dinar is one Dinar for one US dollar."
If I remember, One Iraq Dinar .0008 to one dollar. The Iraq Dinar will never be worth a dollar. Not in our life time.
If you convert 1.00 Iraqi Dinar (1227) into US Dollar 1 you'll end up with a total of 0.00 US Dollar's.
What's the Dividend rate??
What happened to the companies website site. They had 2 to 3 different websites and now this one is different??? Thank god, I didn't put one cent in this stock. It looked like a good conglomerate stock to me. But I was wrong.
Good luck to you longs, it looks like you will need it. You might want to connect a good lawyer when things get even more strange to give you advise on how to handle things.
Whistles, is that an SEC rule for pinks. I never heard that before, prove me wrong. If it doesn't apply to pinks then why is it in alot of pink PR's??
The Terrorist Short Connection, Whatever that might be. I was going to invest but then I started reading this board.
Terrorist short connection?
Who every thought that up, did way to many drugs in there teen years or lost there shirt in this stock so bad that they are coming up with Mythological excuses.
This company diluted their stock to create capital. It's hard to say where that capital went too since they are not a reporting company. But heavy shorting or "Terrorist short connection" did not take this stock down, it was dilution plain and simple. You can disagree with me, but I'll just disagree with you and then we will go nowhere like alot of these posts that I'm reading. If shorting did take place it wasn't enough to harm this stock. Read the short interest report.
When you have a very sharp PR guy the safe habor laws save the company. Why do you think they put that in there. If i had a company and I hired a Security Lawyer, I'd try to get away with anything I could by not breaking the law. They are obviously doing this.
LDHG - This somehow got deleted before I knew it got deleted so I couldn't paste the message id. I typed this message for a friend who is not here anymore and couldn't defend himself. Some how this message got deleted and not the ignorant post that didn't make much sense to me.
LDHG.
Nice expression, here is my own expression for you. Lets say that your leg is money, and you sign a letter of intent to acquire a business, and then you break your leg. What happens now? Where's the commitment? They could care less of you now because you have no "leg" which in this case you have no money. In future terms when you bust someones balls make sure you spell idoit right, or you become the idoit. Good luck with that commitment for athletics, you should be training instead of trying to invest in pink stocks.
Shorts has a good point, I don't know if any of you actually looked at the 10-q but this company pays themselves handsomely and instead of investing in this company everyone on this board should apply for a job.
I'm getting the impression that I'm not feeling the love in here.
We predict the MOMO before it happens. Read my profile.
News is nothing but speculation to fuel the crowd to create volume in the market. We shall wait and see what happens next week when the feds come out to play. I already made my decision, I will either be right or wrong,but either way it's a flip of a coin. With the risk and return that I play with, I will make alot or lose alot, that's why I trade naked.
Good luck
I agree with you 100%.
If the Feds don't cut the rates as expected, the market will go down big before the year. Actually it will go down big next week. The only reason why the market went up in the past 2 - 3 weeks is that the crowd is expecting a cut.
Good luck.
This is the first, when a company warns about cutting FY earnings and the stock trades up. www.WTF.com!!!!!
Lol. Read this and tell me why.
The market is moving like it did in Feb, and then finally when 2/27 came the crowd decided it that the market was way over priced.
News Highlights: Top Equities Stories Of The DayLast update: 12/6/2007 11:09:11 AM
TOP STORIES
US RETAILERS' SALES MISS ESTIMATES; TARGET WARNS
Retailers generally report lower-than-expected sales for November after two months of weak results despite the emergence of more seasonal temperatures and an extra week of post-Black Friday sales versus a year ago. Wal-Mart posts a 1.5% increase in U.S. same-store sales. Target says December sales trends need to improve for it to meet its guidance. Macy's credits weather with its strong results, but shares still fall 4%. Target shares fall 7%.
FED WANTS SUSTAINABLE FIXES ON SUBPRIME
Fed's Kroszner urges policy-makers to pursue "sustainable solutions' to helping subprime homeowners, while FDIC Chairman Sheila Bair urges quick action to avoid further spikes in foreclosures.
US MORTGAGE DELINQUENCIES AT HIGHEST SINCE 1986
Rate of mortgage loans at least 30 days past due reaches its highest point since 1986 during the 3Q, hitting 5.59%, as foreclosure starts increased across all loan types. Rate of loans actually entering the foreclosure process is 0.78%.
US MORTGAGE RELIEF PLAN COULD AID 1M HOMEOWNERS
A mortgage relief package hammered out by the U.S. administration and major lenders could help more than one million homeowners avert foreclosure in the next two years, a White House official says. President is expected to unveil plan today.
FLORIDA PARTIALLY OPENS INVESTMENT POOL
State-run investment pool partially reopens for limited withdrawals after being shut down last week amid a run totaling nearly $10 billion. Local governments will only have access to 86% of their money in the pool.
MBIA REVIEWING CAPITAL-RAISING POSSIBILITIES
Bond insurer's shares rise 4% after it says that it has been that it has been pursuing capital contingency plans and emphasizes that its triple-A credit rating has not changed.
ELI LILLY SEES '08 NET BEATING FORECAST
Drug maker predicts its 2008 profit would rise as much as 14% from expected 2007 levels and exceed Wall Street expectations, fueled by higher sales of drugs for depression, diabetes and erectile dysfunction. Shares gain 2%.
FREDDIE MAC SAYS MORTGAGE RATES NEAR '05 LEVELS
U.S. fixed-rate mortgages decline in the latest week to their lowest levels since fall 2005, with the 30-year, fixed-rate loan at 5.96%, down from 6.11% a year ago. The 15-year fixed-rate loan is 5.65%, and the five-year hybrid ARM is 5.75%.
INDYMAC DOWN, MAY CUT DIVIDEND
Mortgage lender again backtracks on when it might be profitable and says it is exploring capital-raising alternatives, including cutting its dividend, becoming the latest mortgage-related firm to take such a step. Shares fall 6%.
BOE CUTS RATES ON SLOWING GROWTH, MARKET CONDITIONS
Bank of England's Monetary Policy Committee cuts key interest rate for the first time in two years as evidence mounts that the economy is slowing as credit conditions tighten. In a statement explaining the decision to reduce rate to 5.5% from 5.75%, BOE says there are signs that growth is slowing. Also, bids for special five-week repo agreement at Bank rate have greatly exceeded initial offering.
US JOBLESS CLAIMS DOWN 15K IN WEEK
First-time unemployment applications fall by 15,000 to 338,000, but the four-week average hits a two-year high, suggesting a softening trend in labor market conditions.
CHINA'S WSP HOLDINGS RISES POST-IPO
Energy industry equipment maker WSP makes modest trading gains during its debut after slashing its initial public offering price. Stock opened at $8.51 a share on the NYSE, essentially flat with its IPO price, recently rising 2%.
CIBC NET UP 7.9%; SHARES DROP ON CREDIT EXPOSURE
Canadian Imperial Bank of Commerce stock falls 6% after company trims profit-growth targets as it posted a 7.9% rise in fiscal 4Q net income, with a one-time gain balancing losses related to the ongoing credit crunch.
COCA-COLA'S KENT TO SUCCEED ISDELL AS CEO
President and Chief Operating Officer Muhtar Kent will succeed Neville Isdell as chief executive as of July 1. Isdell will remain chairman until the company's annual meeting in April 2009. Kent joined the company in 1978.
LA NINA CONDITIONS TO CONTINUE INTO SPRING
National weather service expects the phenomenon known as La Nina to continue into the spring of 2008. Forecasters say La Nina conditions are behind expectations of a warmer-than-normal December-February in much of the U.S.
JOY GLOBAL LOWERS 2007 GUIDANCE
Mining-equipment company cuts its fiscal 2007 earnings estimate to a range of $2.49 to $2.54 a share from its previously stated guidance of $2.65 to $2.70 a share, after it says it would record tax adjustments in the 4Q. Shares fall 1%.
WAMU BROKERAGE UNIT FACES CUTBACKS
WaMu Capital, which handles mortgage-backed securities and has an office in New York, will announce Dec. 10 a reduction in its headcount to between 10 and 20 people from 125, the New York Post reports.
TOLL BROTHERS SWINGS TO 4Q LOSS, BEATS STREET
Luxury home builder posts a net loss of $81.8 million, or 52c a share, versus year-ago income of $173.8 million, which includes write-downs of $1.22 a share. Analysts expected a loss of 77c a share.
BEST BUY TO BEGIN SELLING DELL COMPUTERS
Dell will sell a variety of XPS and Inspiron notebooks and desktop computers through Best Buy in the next few weeks. With this agreement, Dell products will be available in nearly 10,000 stores around the world.
======= DOW JONES NEWSWIRES ANALYSIS AND COMMENTARIES =======
ENERGY MATTERS
After OPEC, Fog, Crude Prices Slide Further Much of the recent selloff came on anticipation that OPEC would boost output. But the price drop puts the cartel in a position where it can't boost output while data for the U.S. makes a hard case for pushing prices up, writes David Bird.
MARK TO MARKET
Kiss 50 BPs Goodbye If ADP/MEA Is On Target Irrespective of the nonfarm jobs number, Jim Murphy never thought Bernanke would cut by more than 25 basis points at the December FOMC meeting. There's another meeting in January, and then would be the time to chop some more.
US Jobless Claims -15K To 338K In Dec 1 Week; Survey -17KLast update: 12/6/2007 8:30:00 AM
Highest since Oct 2005
Say goodbye to the market. It's going down on high volume.
By Brian Blackstone
Of DOW JONES NEWSWIRES
WASHINGTON (Dow Jones)--The number of U.S. workers filing new claims for unemployment benefits fell as expected last week but the four-week average hit a two-year high, suggesting a softening trend in labor market conditions. Initial claims for jobless benefits fell by 15,000 to 338,000 after seasonal adjustments in the week ended Dec. 1, the Labor Department said Thursday. Wall Street economists had expected a 17,000 drop. There were no special factors in the latest week, a Labor Department analyst said. Seasonal adjustments around the Thanksgiving holiday usually affect the figures, and data the past two weeks followed last year's pattern of a big spike in claims during the Thanksgiving week followed by a decline the week after. Still, the underlying trend appears to be softening. The four-week average of new claims, which economists use to smooth out weekly volatility, increased by 4,750 to 340,250, the highest level since October 2005. Claims for the week ending Nov. 24 were revised up by 1,000 to 353,000. Recent data have been mixed on the state of the job market - a key determinant of consumer spending. On Wednesday, the payroll firm Automatic Data Processing Inc. (ADP) and Macroeconomic Advisers estimated that private-sector payrolls swelled 189,000 last month. But other data, including jobless claims, signal much softer gains. The government releases the November employment report Friday, the last major piece of data before Tuesday's Federal Open Market Committee meeting. The FOMC is widely expected to lower the federal funds rate a third-straight time, by 25 basis points to 4.25%. According to the Labor Department report Thursday, the number of workers drawing unemployment benefits for more than one week fell 59,000 to 2,599,000 in the week ended Nov. 24. But the four-week average of those continuing claims rose a sixth-straight week to its highest level since January 2006, suggesting it is taking longer for unemployed people to find work. The unemployment rate for workers with unemployment insurance held steady at 2% in the Nov. 24 week. On an unadjusted basis, Wisconsin reported the biggest increase in new claims the week of Nov. 24, 14,126, due to layoffs in a wide variety of industries including construction and manufacturing. California reported the biggest decrease, 10,435, due to fewer layoffs in construction and service companies.
-By Brian Blackstone, Dow Jones Newswires; 202-828-3397; brian.blackstone@dowjones.com
(END) Dow Jones NewswiresDecember 06, 2007 08:30 ET (13:30 GMT)Copyright © 2007 MarketWatch, Inc. All rights reserved. Please see our Terms
I got the same news.
DRYS, JASO and VMW however disagree with you and agree with me.
Have a good 33 mins and 45 seconds
I think it will trade down. Everybody is nervous, and will still be nervous until next week when and if the fed will cut interest rates. Good news today is not what the bulls wanted, we wanted bad news so it will give the feds more reasons to cut rates.
Good eye, I did spell it wrong. Why does the N and the M need to be so close together on a keyboard.
Conglomerate. I don't even need to use spell check, I have the smartest people in the world on this board to do it for me.
Thanks guys.
I've been reading this board for a long time. Most of you might need to look up some words on google to figure out what they mean, instead, I'm putting the definition below so you don't have too. Your welcome.
This company is a comglomerate - Growth company, sophisticated management using sophisticated financial techniques.
Image, Management and the Concepts. Wall Street loves all three.
Good Manager, very sharp PR man ready to deliver concepts. 67 total PR's, that's impressive, by the way there PR man is very sharp and I say that because I've read them all.
Swap stock, create convertible debenture, create preferred, get the market to chase the stock.
What this company is trying to do is to create Synergy.
Synergy is when the sum of the parts adds up to more than the whole.
Now, I don't know if this is a scam or not and I really don't care if it is but this man (CEO) is highly educated and knows what he is doing. He must of read a good black book by Adam Smith or Aka. Mr. X. that was given to him by his father. If not then he is lucky, but by reviewing over his company, luck had nothing to do with it.
Good luck to you John H. Beebe and to your comglomerate.