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.
Not only "green", a BIG green day. We can see ECDC hits 0.01 today!
It released news today, at least we know the company is in good shaped. It had been way under-valued for a long time since reverse-split.
Nice day, $0.13(up 62.5%) now!
Bayside Corporation Announces Renewal of Oil and Gas Lease in Tyler County, Texas
DALLAS, TX, Apr 10, 2012 (MARKETWIRE via COMTEX) -- BAYSIDE CORPORATION (pinksheets:BYSD) today announced the renewal of oil and gas leases in the Muscadine Field, located on 230 acres in Tyler County Texas. The Muscadine Field has three existing wells and the Company plans to drill one new well to complete in multiple zones of the Wilcox formation. The field has accumulated production of approximately 400,000 barrels of oil and 350 million cubic feet of natural gas.
Gordon Johnson, the CEO of Bayside Corporation, states, "We are pleased to announce the renewal of the Muscadine Lease, as the Company grows its oil and gas reserves in the United States. This Lease holds accumulated reserves that we will produce and take to market starting this year. Initially we will permit and drill a new well (the No. 2-R) as a replacement to the No. 2 well now on the lease. The No. 2 well will be held for future use as a saltwater disposal well. Once we have drilled and completed the new well we will announce the results of the production level.
"The remaining two wells, the No. 3 and 4, are located on lands of which the surface is controlled by the National Park Service. Subsequent to the drilling operation we will file a Plan of Operation with the National Park Service and upon approval the Company will commence rework and/or re-completion operations on these wells. After completing these operations the Company will evaluate the lease for future possible additional drilling.
"Bayside Corporation owns 100% working interest in the Muscadine Field and has a 70% net revenue interest for this lease.
"This is an excellent opportunity for Bayside to bring increased production from this field to the market."
Bayside Corporation announces the acquisition of the Welder lease in Duval County, Texas.
http://baysidepetroleum.com/contents.php?page_id=59
DALLAS, TX, February 15, 2012 -- BAYSIDE CORPORATION (PINKSHEETS: BYSD), an oil field development company operating primarily in South Texas, announced today that it has acquired a 50% interest in a 160-acre lease located in the Seven Sisters Field in Northwestern Duval County, Texas. The lease has one existing well that the Company has just re-completed in two new zones behind pipe. These two zones were calculated as productive of oil from core analyses taken when the well was drilled. Further, the two zones have produced in nearby wells in the field.
Testing is ongoing and results will be reported shortly. The lease has the potential for several new wells to be drilled and completed based on the results of this re-completion operation.
The Welder lease had initial production of oil in 1936 and has accumulated in excess of 746,000 barrels of oil to date. The Company believes there is significant recoverable oil remaining in other productive zones in both above and below the original pay zones.
Bayside Corporation engages Panorama Consultants to Manage Shareholder Relations.
http://baysidepetroleum.com/contents.php?page_id=56
DALLAS, TX, February 7, 2012 -- BAYSIDE CORPORATION (PINKSHEETS: BYSD), an oil field development company operating primarily in South Texas, announced today that it has engaged Panorama Consultants to manage shareholder relations and general communications of shareholder related information.
Gordon Johnson the CEO of Bayside Corporation stated “As the company begins active rework of its oil leases we have received many inquiries about our progress and future plans. To keep shareholders apprised of these exciting new developments, we have engaged Panorama Consultants who have set up a special hotline at (888) 982-2008 for all inquiries regarding the Company as it progresses from development to full scale production.
Bayside Corporation announces a Joint Venture to Develop & Produce Oil Reserves in South Texas
http://baysidepetroleum.com/contents.php?page_id=61
DALLAS, TX—(3/13/2012)- BAYSIDE CORPORATION (Pinksheets: BYSD.PK - News) Announces the formation of Duval County O&G Development, LLC, a joint venture partnership to develop existing oil reserves in Duval County Texas.
Bayside Corporation has formed Duval County O&G Development, LLC, a Texas limited liability company, in conjunction with RR Jones & Associates, LLC (Dallas, Texas) and Fundamental Properties, Inc. (New York) for the development of the P. E. White and Bishop Cattle Co. leases held by Bayside Corporation.
The agreement calls initially for the rework of up to 9 existing wells and the drilling of 2 new wells to be located on the White lease. Bayside Corporation owns a 23.5% interest in the revenue generated from production of oil derived from the two leases.
Gordon Johnson, the CEO of Bayside Corporation stated, “Work has commenced on 4 of the existing wells, with 3 being successful to date. As we bring more of the wells on line and into production and the results become available we will be announcing the results of our efforts. Bayside Corporation is pleased to participate in the future cash flow from these properties, and additional reworked wells will be in operation shortly. Also, operations for the 2 new wells to be drilled are scheduled to commence in the first week in April, 2012.”
I heard that too, but not confirmed. No news released yet.
When will the symbol "Q" be removed?
It will begin to rock!
I don't think so, since insiders have much more shares than we do.
I am not saying it will be $1 in a few weeks, but it is very possible sometime this year. The 2nd Quarter earning report will come out in mid-August, we may see a nice earning report for 2nd quarter(April 1 -- June 30).
Remember: It was traded over $1. It could climb back up to $1 or more.
BGC to Complete Acquisition of Grubb & Ellis Company
Transaction Creates Game-Changing Platform As BGC Continues to Build Premier Position in Commercial Real Estate
NEW YORK, March 27, 2012 /PRNewswire via COMTEX/ -- BGC Partners, Inc. BGCP -1.33% ("BGC"), a leading global brokerage company, today announced that it has received approval from the U.S. Bankruptcy Court for the Southern District of New York to acquire substantially all the assets of Grubb & Ellis Company GRBEQ +70.00% ("Grubb & Ellis"). BGC expects to close the transaction shortly.
The combination of the two companies will give Newmark Knight Frank and Grubb & Ellis more than 100 offices in North America, 250 million square feet in Property and Facilities Management, and a national Appraisal business.
"As we welcome the Grubb & Ellis team to the BGC family, we intend to apply our financial strength, powerful proprietary technology, and deep marketplace relationships to provide Grubb & Ellis and its professionals with the resources they need to thrive and grow," said Howard W. Lutnick, Chairman and Chief Executive Officer of BGC. "Alongside Newmark Knight Frank, the acquisition of Grubb & Ellis creates a game-changing platform that further positions BGC as one of the most innovative and dynamic players in commercial real estate. As BGC continues to attract the best talent, invest in our world-class technology, and apply capital to build and expand into new markets, we are committed to providing Grubb & Ellis with the right tools and support to increase its strength and scale."
Michael Lehrman, Global Head of Real Estate at BGC, said, "The expansion of BGC's commercial real estate platform creates exciting new opportunities for our entire organization - including the talented Grubb & Ellis real estate professionals who are coming on board, as well as new opportunities for them to provide outstanding value to their clients. Together we are creating one of the most exciting platforms in the real estate market, one that is well positioned to deliver the unwavering service excellence that our clients expect, while enhancing opportunities for our brokers and employees."
"With Newmark Knight Frank's strategic consultative approach to creating value for clients and leading position in the New York market, along with Grubb & Ellis' strength in transactional, management, and valuation services, our two organizations are highly complementary," said Barry M. Gosin, Chief Executive Officer of Newmark Knight Frank. "We share a client-focused culture, and together, Grubb & Ellis and Newmark Knight Frank create a powerhouse in real estate with a significant competitive advantage, built upon the foundation of BGC's proven and powerful model."
James D. Kuhn, President of Newmark Knight Frank, said "Since becoming part of BGC last fall, Newmark Knight Frank has benefited substantially from BGC's capital strength, proprietary technologies, and relationships with the world's leading financial institutions and other organizations. The addition of Grubb & Ellis will dramatically increase our footprint and expand our business lines, including Grubb & Ellis' prominent industrial practice. We are firm in our conviction that Grubb & Ellis will deepen its capabilities, attract the best talent, and deliver outstanding performance just as Newmark Knight Frank has as part of the BGC platform. Many of the Grubb & Ellis business lines including the hotel, multi-family, private client investment sales, and the financial asset strategic management groups, will enhance our Capital Markets program."
The transaction was implemented as an asset sale under Section 363 of the U.S. Bankruptcy Code.
Cantor Fitzgerald & Co., an affiliate of Cantor Fitzgerald, L.P. acted as a financial adviser to BGC in connection with this transaction.
About BGC Partners
BGC Partners, Inc., a leading global brokerage company primarily servicing the wholesale financial markets, has over 4,000 employees in New York, London and more than 30 other major financial centers around the world, and conducts over $200 trillion in financial transactions for customers annually. BGC offers customers over 220 products, including commercial real estate, fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, and structured products.
BGC's technology helps customers determine the value of a transaction and execute transactions at the best possible price. BGC's customers include many of the world's largest banks, hedge funds, governments and investment firms. Trades are executed through BGC's brokers, or through its hybrid and fully electronic brokerage services.
BGC, named after fixed income trading innovator B. Gerald Cantor, also offers financial technology solutions, market data, and analytics through its eSpeed, BGC Trader, and BGC Market Data brands, and provides clearing, processing, and other support services. For more information, please visit www.bgcpartners.com .
About Newmark Knight Frank
A part of BGC Partners, Inc., Newmark Knight Frank is one of the largest commercial real estate service firms in the U.S. Headquartered in New York, Newmark Knight Frank and London-based partner Knight Frank together operate from more than 240 offices in established and emerging property markets on five continents. With a combined staff of more than 7,000, this major force in real estate is meeting the local and global needs of tenants, owners, investors and developers worldwide. For more information, please visit www.newmarkkf.com .
About Grubb & Ellis
Grubb & Ellis Company is one of the nation's leading commercial real estate services firms, providing transaction services, property management, facilities management and valuation services. Grubb & Ellis professionals draw from a unique platform of services and practice groups to deliver integrated solutions to real estate owners, tenants and investors, supported by highly regarded proprietary market research, best-in-class processes and extensive local expertise. For more information, visit www.grubb-ellis.com .
Forward-Looking Statements by BGC Partners Statements in this press release regarding BGC Partners' business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC Partners' Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors set forth in our public filings, including our most recent Form 10-K and any updates to such risk factors contained in subsequent Form 10-Q or Form 8-K filings.
SOURCE BGC Partners, Inc.
Do you mean 0.02 ? Not 0.002 !
When will annual earning report due? Mid-May?
I re-organize this page, any comments? My intent is to keep page as simple as possible, so that no need to scroll down too much to see posts.
I re-organize this page, any comments? My intent is to keep page as simple as possible, so that no need to scroll down too much to see posts.
Just let me know the post # if want to see it sticked. Send a message to me or reply one of my post, so that I will get email notification.
Thanks.
Only 4 posts are allowed to be sticked!
News for 'ECDC' - (EarthSearch Executes Partner/Reseller Agreement with Advantage Asset Tracking in Canada with Minimum $250,000 Annual Product Purchase)
ATLANTA, March 1, 2012 /PRNewswire via COMTEX/ -- East Coast Diversified
Corporation (OTC.BB:ECDC), through its subsidiary EarthSearch Communications,
Inc., announces the execution of reseller agreement with Advantage Tracking in
Canada with a guarantee of $250,000 in equipment and services purchased each
year.
EarthSearch will deliver initial order to Advantage Tracking within the next 7
days. Advantage tracking will expand its current logistics service offerings to
include some of the more complex logistics solution offered by the EarthSearch's
LogiBoxx, GATIS platform for real time continuous tracking and monitoring of
cargo in transit. Solutions provided by EarthSearch includes Oil Tanker
monitoring, Workforce management, Tool tracking, Electronic locks for cargo,
Warehouse management and access control solutions using EarthSearch proprietary
wireless communication between GPS and RFID. In addition Advantage Tracking
intends to offer product and services offered by StudentConnect Inc, the sister
company to EarthSearch which offers student safety and class attendance
monitoring solution using GPS/RFID.
"We are making a strong entry into the Canadian market with Advantage Tracking,
I am looking forward to working with Andrew to deliver solutions offered by our
technology to the Canadian market and in addition offering services on Rogers
network to deliver different application the Canadian market," said Kayode
Aladesuyi, CEO of ECDC.
The EarthSearch Logiboxx device was recently certified for the Rogers Wireless
network. Advantage Tracking is a preferred vendor for Rogers Wireless worked
very closely with our hardware team representing during the certification
process and was very instrumental in getting the LogiBoxx certified on the
Rogers network.
"Advantage Asset Tracking recognizes that the combination of AVL and RFID
technologies is the future of Asset Management and is very excited to be teaming
up with EarthSearch to provide a solution never seen before in the Canadian
market," said Mr. Andrew Kopecki, CEO.
About Advantage Asset Tracking
Advantage Asset Tracking is a Canadian based company that has over 15 years of
Asset Management experience. With offices in Vancouver, Calgary, Toronto and
Ottawa, Adv helps companies of all sizes in a wide variety of industries harness
the power of Asset Management solutions.
Implementation services are the focus of their services to ensure that the
solutions are utilized to the greatest extent possible, providing the maximum
amount of ROI to all of their clients.
About East Coast Diversified Corporation East Coast Diversified Corporation
(OTC.BB: ECDC.OB) is a holding corporation with a diversified group of
technology companies. Its business portfolio includes businesses offering
technology for logistics and asset management, media entertainment technology,
transportation safety and class attendance monitoring system and social media
applications.
EarthSearch offers solutions using the world's first wireless communication
between GPS and RFID. EarthSearch delivers solutions relevant to the operations
of businesses and governments across the globe, providing efficiency, cost
saving, continuous visibility of assets and cargo in transit, with real time
visibility across the entire supply chain. Solutions delivered include warehouse
operation, movement of secured cargo, oil tankers, pipeline and other fixed
assets management solutions. EarthSearch solutions integrate sensor technology
for fuel monitoring, temperature sensor, weight sensors, door sensor and a
variety of other custom applications.
StudentConnect also utilizes our proprietary wireless communication between GPS
and RFID to provide transportation safety and class attendance monitoring
solutions to schools, alerting parents and schools of safe departure and arrival
of students riding on school buses and providing an automated class attendance
monitoring system that engages parents with information about student behavior
at school, including providing real time notification regarding truancy and skip
class behavior. StudentConnect uses wireless technology integrated with GPS/RFID
to gather and combine parental behavior, student behavior at school and academic
data to create predictive analytics for school administrators that help with
improving education.
WetWinds, a new social media division scheduled to launch in summer 2012 will
deliver interactive social media experience to audiences and users across the
globe. Register to be part of the first one million global beta users at:
www.wetwinds.us
For more information on East Coast Diversified Corporation and its group of
companies please visit the company's website at www.eastcoastdiversified.com.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995: The statements contained in this release which are not historical facts
are forward-looking statements that are subject to risks and uncertainties that
could cause actual results to differ materially from those set forth in or
implied by forward-looking statements. These risks and uncertainties include the
Company's entry into new commercial businesses, the risk of obtaining financing,
recruiting and retaining qualified personnel, and other risks described in the
Company's Securities and Exchange Commission filings. The forward-looking
statements in this press release speak only as of the date hereof, and the
Company disclaims any obligation to provide updates, revisions or amendments to
any forward-looking statement to reflect changes in the Company's expectations
or future events.
Editorial ContactGlenn DavisEast Coast Diversified Corporation +1
770-953-4184866-503-9316investorrelations@eastcoastdiversified.com
SOURCE East Coast Diversified Corporation
It may be a good starting for GBE, merger/sell was what GBE wanted. Now GBE will be in shape.
Why will they get rid of shareholders? A lot of common stock shares are hold by themselves or institutions.
What will happen to our current shares?
It will hit $2 in a few months, huge potential market for Student Connect...
Anyone knows how to access Bloomberg terminal? I heard it is free to access, anyone knows the link? How?
Thanks!
It is way way ... too much under valued!!!
The market cap should be traded at around 100 million (asset minus debt).
http://www.google.com/finance?q=PINK:GRBE&fstype=ii
About 66 million outstanding shares, divide 100 by 66, it should be around $1.5 per share, the stock was above $10 in 2006, it is ridiculously low recently.
soon, it should be back above $1, it deserves to listed on NYSE.
How many employees do they have? Anyone know? More than 10 person? Or less?
Buy before it rocks.
Go BYSD!
It is a good time to buy at such low price.
At least we know the company is still alive and in business.
Finally, we heard some news about BYSD.
http://www.studentconnect.us/ will be live in January, and ECDC will rock soon.
Can someone reorganize this page? From top to bottom: newest to oldest. I prefer to put most updated news on the top of page.
Thanks.
http://www.google.com/finance?q=NYSE:GBE&fstype=ii
Look at "Income Statement" and "Balance Sheet", especially "balance sheet", As of 9/30/2011, total asset is 149.78 million, and total debt is 54.04 million.
I always believe the market cap should be around 100 millions, less than 70 millions outstanding shares, GBE should be traded at around $1.5
It is a joke that the market cap is only 8.46 millions. GBE is a nationwide company with about 5000 employees, not a small business company.
I think it will be sold, then the stock price will up from there.
R/S does not help GBE to maintain on NYSE, it will still be delisted since the market cap is low(not only stock price).
The current stock price is way too much under-valued.
Sure it is. They will bring studentsconnect.us to public next month. Studentsconnect.us will be ready next month. How fast the customer base grows? It depends on how fast and how broadly they can get their technology out. It is new and unique technology, so many schools do not know yet.
Jan 2012 will be milestone for ECDC, when studentsconnect.us is live, we will see customers flood in.