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So when can I actually trade my new shares? My Schwab account wont let me trade my new shares, and hasn't even renamed them yet from YCKM to SKYC.
There Dave is again, right on the money - just when he said he would put out a PR...
Me Likey!
But we need financials...
- TT
What are all these buys at .0164 doing?
They are seconds apart, and I'm not really liking them...
- TT
The audits have to come eventually, though, right?
I mean, I understand that a million horrible and disastrous things could happen between now and when they come out, but they are required by the SEC to post them, yeah?
So realistically, if things continue they they are now - that is, very little communication with us, but nothing notably 'bad' happening - then the financials WILL come out... Just, maybe, not as quickly as we should like.
Its just time thats killing us, ultimately, right?
- TT
They need to get an IR person.
Great, its easy to get in contact with the VP of the company...
Great, its good to hear that he has an outstanding reputation as a business leader.
Unfortunately, running a private business and running a public company are two different things, and he needs to hire the people who make public companies successful.
They need an IR person to deal with us, and deal with PR's so that we and other investors know whats going on. They need a CPA on staff to do their books so that they can post quarterly and annual financials.
These things which we have been pointing out as lacking in the company, time and time again, need to be addressed - or it doesn't really matter what we think and what we feel, they will be failing as a public company no matter how successful they were as a private entity.
Just my thoughts.
- TT
Or maybe for once he's actually legit?
Just a thought
You got the answering machine cause I was on the phone with them.
I posted what I found right after you posted about your message, haha.
- TT
Just got off the phone with them.
TA is almost unchanged.
In fact, the number he gave me for Outstanding shares was 42.520.700 which is only 2 million more than in the IBox...
So thats probably not whats going on - just a couple garbage days for us I guess...
- TT
Item 1.01 Entry into a Material Definitive Agreement
On February 11, 2011, Alto Group Holdings, Inc. (the “Company”) signed a Joint Venture Agreement with American Enviro-medial LLC, a California limited liability company ("AEM"). AEM is a company that owns the Horse Shoe Bar mining and mineral lease on the Middle Fork of the American River in California (the “Mineral Lease”). The Company and AEM shall form Alto Horse Shoe Bar Mining LLC (the “Joint Venture Company”) to operate and manage the joint venture.
The Company will contribute $150,000 during the first year which will be used for equipment placement and exploration. Further funding will be contributed by the Company based upon the success of the exploration efforts of the Joint Venture Company. AEM will contribute all ownership rights to the Mineral Lease to the Joint Venture Company. The Company and AEM will each own fifty percent (50%) of the Joint Venture Company.
Item 2.01 Completion of Acquisition or Disposition of Assets
On February 11, 2011, Alto Group Holdings, Inc. (the “Company”) signed a Joint Venture Agreement with American Enviro-medial LLC, a California limited liability company ("AEM"). AEM is a company that owns the Horse Shoe Bar mining and mineral lease on the Middle Fork of the American River in California (the “Mineral Lease”). The Company and AEM shall form Alto Horse Shoe Bar Mining LLC (the “Joint Venture Company”) to operate and manage the joint venture.
The Company will contribute $150,000 during the first year which will be used for equipment placement and exploration. Further funding will be contributed by the Company based upon the success of the exploration efforts of the Joint Venture Company. AEM will contribute all ownership rights to the Mineral Lease to the Joint Venture Company. The Company and AEM will each own fifty percent (50%) of the Joint Venture Company.
Item 9.01 Exhibits
2.1 Joint Venture Agreement
I dont like it at all...
I didn't, but that is a very good question...
Next time I call I will remember to ask!
Also, has anyone noticed that there is not a 'For Investors' page on the Deaf Talk website? In fact, the website itself, and this is just my opinion, is almost a little amateur'ish and should be rebuilt to look a little more 'high-speed' as we say in the military... Make it a little more impressive.
And it needs an investors relations link...
This is a good company, but they really need to quit twisting around backwards and get their heads unstuck.....
Just my two cents
- TT
Just got off the phone with Dave.
Firstly, about the financials. He said that their accountant has located the certified auditor that we have been waiting for for these past few weeks/months. They have one, and Dave said he is working on the financials. But he also said some things have come up that will 'take some time'.
'What has come up?' I pressed. He said he couldn't really tell me, but then clarified that they needed the financials from the Shell... He said that their own financial information was very easy to get and to audit - they have all of that. But the shell's financials he said have been (or are going to be?) very difficult to track down, which I found a bit curious, to say the least.
So we are waiting on the financials for the Shell, now, not on an auditor.
Next, I pressed about the lack of communication with the shareholders, saying that we have had very little communication, as shareholders, from the company. To add to the drama, I said that I had only received one PR statement since returning from Afghanistan (which was on the 1'st of January, over a month ago). He said that they put out a PR a few weeks ago, and that he has been advised to put out PR every four weeks (he didn't say 3 or 4 weeks as he had in the past, but specifically four weeks this time). He said that he will be preparing to put out another PR next week, so we have that to look forward to.
Finally, I expressed to him my discomfort with the level of communication to us as shareholders specifically, because we don't know whats going on within the company, we don't know how these processes and these time-consuming endeavors are going unless we call and hassle and ask the hard questions; I said that I feel that the share price is suffering because of this lack of transparency. He didn't have a whole lot to say when I expressed that the stock price was down over 50% in two days, he just sort of 'uh huh'd me and let me express my concern about that...
He reiterated that he is always welcoming of phone calls with questions and that he never avoids us, but answers us and our questions to the best of his ability.
Anyway, thats how it went. For what its worth.
- TT
The spread today is ridiculous...
Just called Dave, he said there is someone in his office, and asked me to call back in 15 minutes.
I will let everyone know what I find out in a few minutes.
My key point is going to focus on these financials and to find out when the audited financials will be complete, but I am going to voice my frustration about the overall atmosphere that we are getting, as well as the share price.
I know I'm not the only one who is really frustrated with the performance these last two days, and its absolutely ridiculous... They need to hire a PR guy and get info out to us and to the general public to keep the price floating at a comfortable level until the financials are out.
We are partial owners of the company for God's sake...
- TT
5-months or not, I grabbed those last 2,500 today...
I still have faith.
And I will be calling Dave tomorrow, on my way home from my aunts. I'll try and write about it when I get home.
- TT
I have a day off today (The army has a way of making a grown-man feel like a kid again - usually by demeaning you with pushups until your arms collapse, but in this case it manifested itself with a SNOW DAY!). I think I will give Dave a call today and inquire - for once I finally have a chance to sit down in the same time-zone as he and have a conversation.
- TT
I agree.
The problem is not with the PR - the PR is good. The problem is in the financials; or their lack thereof.
We are building a case, now. We have a good product, with a company with longevity, that is expanding (shown in the recent PR where they signed all those new hospitals in the Northeast). We have a distribution network unprecedented with this company which opens an entirely new market.
The only thing we are missing is financials; The lack of this document is going to keep investors and funds, both private and public, from investing in this company.
We have everything to grow and grow and grow except the financials. As soon as that appears (and assuming that the company is as successful as we have all been led on to believe), IHub will have no bearing on this stock. We will just have to sit back and watch, from then on out.
We are just building a case, just adding ingredients to a pot; and the financials are the flame which will turn all of this mish-mash of PR's and distributors and speculation into the best tasting soup we will have all year.
Just my opinion.
- TT
Just my opinion
But companies aren't 'bland' - either they have a good product, or they dont; either they have a good company, or they dont; either they do business or they don't.
That which may seem lackluster will be a 'told ya so' PR in a few months when this distribution network starts to expand this company. When we start getting PR's about signing not only more hospitals, but also courthouses, federal offices and others, we will look back and disagree with ourselves that this was a lackluster PR. It says exactly what it needs to.
You may feel disappointed with this PR, but I am not, simply because I feel like if they had said anything more than the honest truth - any amount of speculation or plans for the future - it not only would have stuck out in this PR, but could have possibly given us something to be disappointed about if it didn't work out the way the PR said it could.
In my opinion, this says that they have a distribution agreement with a very large distribution network that has its fingers in and easy access to a huge number of government offices. Thats great news, and in the future I hope to see many more PR's about how this is working for the company.
Just my two cents.
- TT
I finally made it out of Afghanistan - we got attacked the morning of our flight, actually, which was kinda weird! Everything is staged for us to get back to the states on schedule from here on out - thats not to say we are on schedule, we're a few days late already - but on schedule from here on out is better than what I believed in an hour ago!
I'm anxious to get back to the states so that I can be around to call Dave myself from time to time... If something is going on with this Veterans distribution company, then maybe he would be interested in talking more about it with me...??
Or maybe we'll all just have to wait for the PR.
Either way, I'm holding, and throwing my spare change at this when I can
Honestly, I'm just anxious to see what this nice big PR is gonna be all about at the beginning of next year...
- TT
My flight out of Afghanistan has been canceled two days in a row.
There is a good chance I wont be home for New Years, anymore.
I haven't had a shower or changed my clothes in days, because my baggage is in a secure, locked-down environment.
But I came to use the computer, and see that Deaf Talk is finally doing better than I've seen it do in a long time, and I am really, really happy
Happy New Years, everyone!
- TT
I'd like to appoligize for my prior post.
It seems that after digging further, its just another company of Klock's...
I thought something really shadey was happening - just Edgar being retarded, it appears...
Sorry everyone!
- TT
Pardon me, but did anyone bother to even LOOK at the new filing, other than the name of the company?
Allow me to point a few things out on a comparative basis...
http://www.sec.gov/Archives/edgar/data/1430124/000139160910000279/f8_kalto.htm --- This is the link to the 8K filed on Dec 22nd
http://www.sec.gov/Archives/edgar/data/1430124/000139160910000286/f8_kaltogroup.htm --- This is the link to the 8K filed today
Now look at this:
22nd filing name: ALTO GROUP HOLDINGS, INC.
Todays filing name: FUELSTREAM, INC.
They're different. Next.
22nd filing address:
10757 South River Front Parkway, Ste 125
South Jordan, Utah
Today's filing address:
10757 South River Front Parkway, Ste 125
South Jordan, Utah
Hmm... Same address. Next.
Copy from today's filing:
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 27, 2010, Fuelstream, Inc. (the “Company”) received the resignation of Mr. David Zirulnikoff from the Company’s board of directors. Mr. Zirulnikoff was appointed to the board of directors on September 16, 2010.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Fuelstream, Inc.
By: /s/ Mark Klok
Date: December 28, 2010 ___________________________________________
Mark Klok
Chief Executive Officer
Am I the only one lost in the sauce, here?! Am I the first to see these differences??!!
Its because they haven't released any audited financials since they went public in September.
On otcmarkets.com there is a big, red stop-sign saying that it isn't reporting correctly, so investors are very wary...
Great time to get in - as soon as they release the fins, we are blasting off.
JMHO
- TT
So a 1/200 R/S would mean that I will wind up with 1-share for every 200 I now own? Thats how this is working?
I'm not sure how I feel about this... I would like to see an 8K out post-haste to explain what the hell is going on.
- TT
To Our Shareholders:
NOTICE IS HEREBY GIVEN that the following action will be taken pursuant to the written consent of a majority of the shareholders of the Company dated December 23, 2010, in lieu of a special meeting of the shareholders. Such action will be taken on or about January __, 2011:
1. To amend the Company’s Articles of Incorporation to effect a reverse stock split of all of the outstanding shares of Common Stock of the Company at a ratio of 1 for 200 (the “Reverse Split”).
2. The approval of an amendment to our articles of incorporation to change the name of the Company to “SKY Digital Stores Corp.”
3. The approval an amendment to our articles of incorporation to authorize the creation of 25,000,000 shares of “blank check” preferred stock
So, this just happened? It is now 'Sky Digital Stores Corp' and we had a R/S take place -- am I interpreting this correctly?
- TT
I'll be in Afghanistan for Christmas...
And in the USA with my wife for New Years!
Happy Holidays everyone!
Does anyone know how long it would take for them to release the results of the recent referendum? I'm anxious to see what resulted from the vote a few days ago...
Thanks
I'm really anxious for this to go through... This thing would take a lot of post-deployment money stress off of my wife and I hahaha
I will have been in the USA for less than 48 hours if that happened....
Lovely, lovely new year!
The 8K for the other company we talked about - the one she turned into that Chinese medical company - came out on Dec 31st - so I'm not losing hope that this could come out during a holiday time...
- TT
Keep your eyes peeled for any PR or new filings in regards to how the vote went yesterday...
I'm hoping for that to come in today -- should see a spike in volume whenever the decision is officially released.
- TT
If I didn't think it was, I wouldn't be here.
http://www.sec.gov/Archives/edgar/data/1375483/000101376210002972/form14f.htm
Thats the link to the form you're talking about.
For anyone who wants to see it for themselves, its under the 'Change of Control' paragraph, the third paragraph under the names of the new directors.
- TT
I really like that!
Good find!
- TT
I'm a dirty, nasty Leg in the 82'nd
I'll let this stock take me airborne, though!
- TT
Have you ever been to the circus...? haha
I'm glad this news came out finally - and it really was a very good PR statement.
I just wish the volume would start to pick-up... But the company had been saying that once they got PR out, they would continue to start publishing PR on a regular basis.
Ladies and Gentleman, this is only the beginning!
- TT
I would appreciate an 8K post-haste, with plans for the company under the new leadership.
- TT
I hope they just vote no on the whole thing...
Actually, speaking of which, I cant find my Proxy info on the website listed in the filings... Anyone have the link so I can make my shares count?
We need a little buy pressure now to this this started...