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If this stays listed, then the NASDAQ deserves to go under. After the FB debacle, you would think they would be all over this type of nonsense. Instead it seems they have their head in the sand hoping they will not be noticed for their lack of oversight with this pos.
Anyway, you will have a loss to offset your gains for sure, still this has a bad ending IMHO. I would not touch this post split with free money. Nothing good will come of this, again IMHO.
Have a great weekend. Talk to you soon!
I was averaged around $.1375, averaged down to the low $.09's sold all of mine into that $.06 run we had a few weeks back. Took a loss, made up for it bigly with SUPN after I sold. Seems to me that these CEO's never get theirs, just seems to be the pattern down here in the OTC. Hey, have a great Labor Day Holiday.
Not only that, but no formal notice given to the shareholders. Just a casual PR that after hours today you will only have 1 share for every 70 of this POS sitting in your portfolio. If they approve another 250M shares, then this will under a dime by the end of the year. What a collapse in share price this year has brought. Oh, wait to see how long the new shares hit your account, this could take a week or more some folks....this is a new low, even for PH IMHO. Some people's children. GLTY, hope you are not holding any of this turd.
Well the good news is that the A/S and O/S will reduce 70 fold per the news today. Looks like folks will jump on board. My only question is this:
Are the preferred shares unaffected by this R/S? If not, I would not touch this with a ten foot pole.
Big day today, quiet board. Hopefully we are all loading here!! :)
Well at least it traded over $250 today...man, this is soooooooo quiet.....gonna take my nap now....LOL
Another day of no volume. Looks like the scam is over...someone cleaned up on this one, not me or my friends, nope we got taken for serious $$$$$. I guess we should have seen it coming after spongetech....
RICK under $7.75 is a buy for me. I may buy a few to flip at $8.00.
Looks like we are seeing a bottom forming here. Could be time to load a few for grins and giggles.....let's see what shakes out next week.
Nice news, quiet day.
Would be nice if the 8-K filed by the company had the correct street name on it. This is just another OTC scam. Steer clear of this junk.
That inability to verify is indeed what makes this news sketchy. This CEO is the master of sketchy IMHO. I love the TIVULUTION quote...LOL funny
Thanks. Will do a little digging here....
News is vague. 10 hotels, how many rooms are we talking about here. 100, 1,000 , 10,000? Are these resort hotels with less rooms or convention hotels with 1000 rooms?
NEWS OUT ~ Rick's Cabaret Agrees To Acquire Additional Adult Business In Midtown New York City
Ricks Cabaret International, Inc. (MM) (NASDAQ:RICK)
Today : Monday 20 August 2012
Rick's Cabaret Agrees To Acquire Additional Adult Business In Midtown New York City Upscale Adult Nightclub Operator Will Open Its Second Manhattan Location in 2013
PR Newswire
NEW YORK, Aug. 20, 2012
NEW YORK, Aug. 20, 2012 /PRNewswire/ -- Rick's Cabaret International, Inc. (NASDAQ:RICK), the publicly traded group of upscale gentlemen's clubs, has agreed to acquire a second adult business in midtown New York City. The company plans to create a new gentlemen's club on the midtown Manhattan site near Times Square.
(Logo: http://photos.prnewswire.com/prnh/20110418/MM85342LOGO)
Rick's Cabaret said it will pay $3 million for the business, currently operating as an adult book and novelty store. The transaction calls for a payment of $1.5 million in cash and $1.5 million in six percent promissory notes that are convertible into shares of Rick's Cabaret common stock at a conversion price of $10.25. The company will also enter into a new 20-year lease for the building at the closing of the transaction.
"It is virtually impossible to find an appropriate location for an adult club in midtown Manhattan, so we are very fortunate that we have secured this rare site," said Eric Langan, President and CEO of Rick's Cabaret, which currently operates 24 clubs around the country. "It is close to Times Square, numerous hotels and businesses, and is ideal for the kind of upscale club we operate," he added, noting that the exact location of the new club will be disclosed in due course. The new club is expected to open in about a year, after renovation of the building.
The Houston-based company opened Rick's Cabaret/New York in 2005 after completely remodeling a building at 50 West 33rd Street, across from the Empire State Building and down the street from Madison Square Garden and Penn Station. With a Zagat-rated steakhouse, rooftop cigar lounge and a full floor of VIP suites it is a popular spot with businessmen, celebrities, athletes and couples. Playboy.com named it the "best strip club in New York."
Closing on the transaction is subject to terms and conditions customary to a transaction of this nature.
About Rick's Cabaret: Rick's Cabaret International, Inc. (NASDAQ: RICK) is home to upscale adult nightclubs serving primarily businessmen and professionals that offer live entertainment, dining and bar operations. Nightclubs in New York City, Miami, Philadelphia, Charlotte, Dallas/Ft. Worth, Houston, Minneapolis, Indianapolis and other cities as "Rick's Cabaret," "XTC," "Club Onyx" and "Tootsie's Cabaret" and other brand names. Sexual contact is not permitted at any locations. Rick's Cabaret also operates a media division, ED Publications, and owns the adult Internet membership Website couplestouch.com as well as a network of online adult auction sites under the flagship URL naughtybids.com. Rick's Cabaret common stock is traded on NASDAQ under the symbol RICK. For further information contact ir@ricks.com or visit www.ricksinvestor.com. Twitter: @rickscabaret; Facebook: http://www.facebook.com/rickscabaretintl.
Forward-looking Statements: This press release may contain forward-looking statements that involve a number of risks and uncertainties that could cause the company's actual results to differ materially from those indicated in this press release, including the risks and uncertainties associated with operating and managing an adult business, the business climates in cities where it operates, the success or lack thereof in launching and building the company's businesses, risks and uncertainties related to the operational and financial results of our Web sites, conditions relevant to real estate transactions, and numerous other factors such as laws governing the operation of adult entertainment businesses, competition and dependence on key personnel. Rick's has no obligation to update or revise the forward-looking statements to reflect the occurrence of future events or circumstances. For further information visit www.ricksinvestor.com.
SOURCE Rick's Cabaret International, Inc.
GWIV...Increase YOY of 10M O/S.
Just means that the scam continues. I want to change the IBox on this POS to have the entire email thread I have on this turd. If admin authorizes me to do so, I may make the I Box a history of the emails from all of the folks I was in email correspondence with. I think the emails are my property to do with what I want to, so woo-hoo....who knows...who cares really, the scam started in Ohio and lives there still. POS company and fund behind it all.
Horrible story here...Wrongful Death Lawsuit Filed Against Rick's Cabaret in Houston after Fatal DWI Crash
Ricks Cabaret International, Inc. (MM) (NASDAQ:RICK)
Today : Monday 6 August 2012
Wrongful Death Lawsuit Filed Against Rick's Cabaret in Houston after Fatal DWI Crash The Lanier Law Firm says drink-sales policy at popular strip club led to student's death
PR Newswire
HOUSTON, Aug. 6, 2012
HOUSTON, Aug. 6, 2012 /PRNewswire/ -- An incentive program that encourages workers to sell as many drinks as possible at Rick's Cabaret International Inc. (Nasdaq: RICK) in Houston is the subject of a lawsuit filed today by the family of an 18-year-old high school student who was killed last year by an intoxicated driver who had just left the club.
Katherine Mabel Jones, known by her friends as "Emily," was killed on March 30, 2011, when her truck was struck from behind by a car driven by Erasmo Ramirez of Houston. Ms. Jones was a popular senior at Caney Creek High School in Conroe, where she also was a member of the school's color guard.
The horrific crash dislodged the bed of Ms. Jones' truck, crushing the truck's cab. She died at a Houston hospital approximately nine hours later with extensive blunt force injuries and a subdural brain hemorrhage. Less than 30 minutes before the crash, Mr. Ramirez was thrown out of Rick's Cabaret after running out of money and refusing to pay for more drinks. Investigators determined his blood alcohol content was 0.295, more than three times the legal limit in Texas.
Witnesses told investigators that Mr. Ramirez was not using his car's headlights prior to the crash, and evidence from the accident scene indicates he was traveling approximately 130 mph. Mr. Ramirez was charged with intoxication manslaughter and later was sentenced to 15 years in prison.
According to the lawsuit filed by attorneys from The Lanier Law Firm, Rick's Cabaret requires its entertainers to pay a nightly "house charge" in order to work at the club. The lawsuit says workers are encouraged to pay the nightly fee by accumulating "credits" based on the number of drinks they sell, a policy that encourages over-serving the club's patrons, including intoxicated customers such as Mr. Ramirez.
"Emily will never be able to realize the beautiful life she had ahead of her because a strip club wanted to make more money regardless of the dangers," says Houston attorney Mark Lanier, counsel for the Jones family and founder of The Lanier Law Firm. "We're determined that those responsible for taking this young woman's life will be held accountable."
In addition to Rick's Cabaret, also named as defendants in the lawsuit are Mr. Ramirez and Houston-based Trumps Inc., which maintains the club's alcoholic beverage permit.
With offices in Houston, Los Angeles, New York, and Palo Alto, The Lanier Law Firm is committed to addressing client concerns with effective and innovative solutions in courtrooms across the country. The firm is composed of outstanding trial attorneys with decades of experience handling cases involving pharmaceutical liability, asbestos exposure, intellectual property, business litigation, product liability, maritime law, bad faith insurance claims, and sports and entertainment law.
For more information on the wrongful death lawsuit against Rick's Cabaret, please contact J.D. Cargill at 713-659-5200.
SOURCE The Lanier Law Firm
Thanks '72. I am thinking the same thing.
In SPY Aug 10th $136.00 Puts 50 Contracts @ $.17.
SAPX...glad I dumped all of mine in the $.06's...looks like my instinct was right to do so. GLTA here.
What the heck is going on??
No sign, this is someone's idea of fun. Looks like we have hit a wall at $.05...I kinda thought that would be the case...at least we know if this hits middle to high 5's again, I can bail and not worry if I left $$$ on the table...man oh man, this is freaking brutal....
It is still darn frustrating to get so close to busting out over $.05, only to see SAPX fall back bigly. I am sure tomorrow will be more of the same headed into the weekend, JMHO of course, but this week had so much promise...GLTY
Just in from LA. Stopped by the SAPX offices today. They do exist in the exact building MT said they did. I missed the trading day...EEKKS!! WTF happened here today? I wonder if this is normal consolodation or the start of more nastiness. I hope it is not the latter....GLTA here.
Herborium Group Moves Forward on Its Commercialization and Promotional Initiatives
Herborium Group (PC) (USOTC:HBRM)
Today : Thursday 19 July 2012
Herborium Group Moves Forward on Its Commercialization and Promotional Initiatives REVENUES INCREASED PROJECTED IN 2012
PR Newswire
FORT LEE, N.J., July 19, 2012
FORT LEE, N.J., July 19, 2012 /PRNewswire/ -- Herborium Group, Inc., (OTC-PINK: HBRM) www.herborium.com, a Botanical Therapeutics® Company has presently discontinued its talks with China Health Resource Inc. Herborium has recently experienced a strong growth and shall focus on the growing near term opportunities resulting from other partnerships and from commercialization of its new energy and sexual health products this coming Fall. The China Health Resource offer did not reflect a rapidly growing value of Herborium resulting from increase in present revenues and near future revenue potential of a Kamasutra LLC partnership with its over $4 Billion market in a sector of herbal vodka, $4.5 Billion and growing market potential for sexual health products, and $8 Billion market potential for Herborium all herbal Energy Drink entering the market in the Fall of 2012.
"We are extremely excited about Herborium's near term and long term growth opportunities. Furthermore, those opportunities are not a year but mere weeks ahead. With already realized increase in revenues and visibility of AcnEase®, our proprietary acne treatment, weeks from the launch of Kamasutra promotional campaign and our own unique sexual health products, and already publicized energy product scheduled to enter the market in this Fall, we are ideally positioned to make Herborium a significant player in the Botanical Therapeutics® sector in 2012. The recent hiring of the top Public Relations firm, SSPR, provides for a very aggressive publicity schedule to support our activities and for building the company value through top media presence," stated Dr. Agnes Olszewski , CEO and Chairwomen of Herborium Group, Inc.
About Herborium Group, Inc.
Herborium Group, Inc., a Botanical Therapeutics® company, focuses on developing, licensing, and marketing proprietary, botanical based medicinal products to consumers and healthcare professionals. The Company uses clinical validation to establish and maintain a differential advantage. The company sales its products in the US and Europe. For more information, please visit www.herborium.com and www.acnease.com.
One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events. The Company urges investors to review the risks and uncertainties contained within its filings with the OTC Markets and/or Securities and Exchange Commission.
For more information please inquire: Investorsrelations@herborium.com
SOURCE Herborium Group, Inc.
Capital Financial Global Launches Residential Hard Money Lending Division
Capital Fincl Global (PC) (USOTC:CFGX)
http://stockcharts.com/h-sc/ui?s=CFGX
Today : Thursday 19 July 2012
Capital Financial Global Launches Residential Hard Money Lending Division
PR Newswire
SALT LAKE CITY, July 19, 2012
SALT LAKE CITY, July 19, 2012 /PRNewswire/ -- Capital Financial Global, Inc. (OTC:CFGX), formally announced today that it has successfully launched its new residential real estate hard money lending division.
"I'm pleased to let shareholders know we have all the pieces now in place and have launched our residential hard money lending program," said Mr. Paul Norat, CEO of Capital Financial Global, Inc. "We are lucky to have Mr. Heath Markovetz to head the division for us and believe, with his leadership, this will be an extremely important profit center for the Company this year."
"This brings all four of our lending segments into action--our Commercial Real Estate, Residential Real Estate, Insurance Based Lending, and Mining & Precious Metals Lending. We will continue to develop these areas of our business aggressively and expect to see significant financial results soon."
The announcement comes as a follow-up to the Company's press release on June 20, 2012 regarding its new "Hard Money Lending Syndicate, Expansion of One-Off Lending Capacity" found at: http://finance.yahoo.com/news/capital-financial-global-announces-formation-210400266.html
About Capital Financial Global, Inc.
Capital Financial Global, Inc. (OTC:CFGX) is a specialty finance company that provides asset-backed financing and loan advisory services to insurance trusts & pension funds, owners of commercial real estate, owners of residential real estate portfolios, and owners of mining & precious metals assets.
Unlike traditional banking models, CFGX helps organizations obtain needed liquidity by using an asset-backed approach rather than a traditional credit approach to originating new loans, buying and selling existing loans, and converting distressed collateral into cash or trade-able form. We are the preferred alternative to traditional bank financing.
Our Business Model
We make money by charging loan fees, making interest rate spreads on loans we hold, and by buying & selling loans in whole or in part to institutional investors, hedge funds, or other secondary market participants. We also make money by charging loan servicing fees and by selling distressed assets that we acquire for our own investment or through some type of foreclosure.
Forward-looking statements:
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
For more information please contact: Capital Financial Global, Inc.Investor RelationsTel: 888-801-9715Email: ir@capfiglobal.comwww.capfiglobal.com
SOURCE Capital Financial Global, Inc.
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I have over 400K seats here.....I just bought my tickets way too soon...LOL...waiting for the price to meet my cost...LOL
Gomez, MT can trade his arss off, I have no worries about that. He has a ton more than most of combined here, so he has the biggest stake in the game. No way he is selling for even money after all this time has passed. He is in it to win it, if we are patient, and believe me, I have been, we will all make some money here....GLTY of course!! SAPX
Dilute up? You mean reduce the O/S? Dilute up...not sure what you mean?
LMFAO...WEEEEEEEEEEEEE....talk about the rebound of rebounds...my low $.03s look dang nice this AM MT....man, talk about an ATM. Great call MT...!!
QASP...down over 20%. This is all too familiar. Good luck folks.
LMAO...Quasar CEO Interviewed by Stock Legends.com So the interviewer cannot be named? Of course I will buy this stock....LMAO.
JACKSONVILLE, FL--(Marketwire - Jul 17, 2012) - Quasar Aerospace Industries, Inc. (PINKSHEETS: QASP)
Quasar is pleased to announce announced that its CEO, Joseph Canouse, was interviewed by Justin-QuickDraw007 for Stock Legends Radio. The interview can be found by following this link, http://vimeo.com/45857389 for the approximately 50 minute interview.
Mr. Canouse discusses his personal background and experience. He covers the investment opportunity of Quasar and the value factors he sees driving the vision that has guided the Corporation and why Quasar may be undervalued.
The growing demand for flight training driven by federally mandated retirements and expansion of air traffic in foreign countries.
The Corporation's application with Homeland Security to be part of the SEVIS Program (http://en.wikipedia.org/wiki/Student_and_Exchange_Visitor_Program) which will allow Quasar to enroll foreign students for training.
The margins involved in a full program and the economies as the number of students grow.
An association with a not-for-profit college to bridge the funding gap for VA benefits.
Advantages of being a Cessna Pilot Center.
In addition, Mr. Canouse discusses the current litigation Quasar is involved in and the potential value to, and for, shareholders of this Corporation. The potential of any settlement could entail distribution to existing and past shareholders to be determined if and when the company was to reach resolution.
Quasar and its subsidiaries are involved in aviation and aviation related businesses. We are the only certified Cessna Pilot Center (http://www.cessna.com/learn-to-fly.html) in Jacksonville, FL. Through our subsidiaries we are an FAA Part 141 flight school (www.faa.gov). We offer flight training and accept VA benefits under the GI bill (http://www.gibill.va.gov/). Our flight students also benefit from our onsite RedBird Full Motion Flight Simulator FMX1000 (http://www.redbirdflightsimulations.com).
Check us out on our web site (www.quasaraero.com) and Facebook at: http://www.facebook.com/pages/Quasar-Aerospace-Industries-Inc/146434125485747 or look to schedule a student pilot experience flight through Groupon (www.groupon.com) or Living Social (www.livingsocial.com).
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Quasar Aerospace Industries, Inc. under take no obligation to update such statements.
Contact Information
Contact Quasar Aerospace Industries, Inc.
Telephone: (904) 207-6503
Email: ir@quasaraerospaceindustries.com
Website: www.quasaraero.com
Facebook: http://www.facebook.com/pages/Quasar-Aerospace-Industries-Inc/146434125485747
Yaa, I am not convinced here yet. Maybe some news, some volume etc...I will wait it out before I buy CMGO again....
Howard & Rollins went yard!! I have a feeling they could make a wildcard run. Not sure if they can get the NL East, but they could make some wildcard momo happen....
Oh He!! no! This is not for me..I was lucky to break even less commission on this one. Nothing has started on time that I was told was going to. I am on the sidelines, cautious as ever.
That must be your 4K shares today..LOL. Where did the bid support go? The support and the money are gone.
Camera? You mean car? '72 Maserati Ghibli. Old school Italian fun.
First it has to close at $.052...then we will see. Pure speculation until then IMHO.....false hope is all this POS has given us so far....false freaking hope....eom.