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The phone and message are still there (e.g., "If you are a wholesaler, contact blah blah blah"). Of course, the fact that the message is still working doesn't mean a thing. I could record the same message on my machine.
Who the heck knows? It's probably a scam. Prove me wrong, GBDX!
LOL That will happen. I can't help it, I have been holding this dog so long that I'm losing it. Luckily, I didn't bet the farm on this thing. So, I'm going to hold and see what happens. By the looks of things, nothing is going to happen. No PR since September?!?!? This is a joke. And I can't help but think that these guys (whoever they are) are laughing all the way to the bank. I hope I'm wrong. But things definitely don't look good. Probably just end up being a loss to offset some gains in my "sane" investments.
All this talk about the A/S!!! Alright, I am going to provide some info (below) for us all to consider. It is an example of standard language put in proxy statements (like a Schedule14A, which includes proposed amendements to a company's A/S) filed by companies with the SEC:
The increase in authorized shares is not being proposed as a means of preventing or dissuading a change in control or takeover of the Company. However, use of these shares for such a purpose is possible. Shares of authorized but unissued Common Stock, as well as shares of authorized but unissued serial preferred stock, for example, could be issued in an effort to dilute the stock ownership and voting power of persons seeking to obtain control of the Company or could be issued to purchasers who would support the Board of Directors in opposing a takeover proposal. In addition, the increase in authorized shares, if approved, may have the effect of discouraging a challenge for control or making it less likely that such a challenge, if attempted, would be successful.
Now it is possible that the opposite is happening with us. Perhaps the A/S is being increased so that the company can approve a TO without fear of any large shareholders (perhaps some previous owners of the shell or even previous GBDX executives) rejecting it? Or maybe the A/S is being increased to prevent any of the previous characters from messing things up?
ALL IMO AND FOOD FOR THOUGHT TO DIVERT ATTENTION AWAY FROM THE CURRENT MESS THAT IS GBDX.
GLTA
IMO the site is probably down in preparation for release of the new site. Per the last newsletter, a new DC Brands website was under development. How in the heck do you go from the website being down for a little while to "we're out of business?" That's a bit much. And again, IMO, we're headed in the right direction. Time to unload if you can't stomach it IMO Stay the course and have patience, everybody. And yes, sometimes this can take YEARS......I'll wait. Anyone with me?
No proof per se. Just "confirmed" rumors. This post will be probably be deleted because I questioned it.
What's your opinion, Taki? Is this just a flippers play now with absolutely no chance of a TO in sight?
SEC "forcing" them to put shres in the market?!?! What?!? And why would the SEC want that?
UNBELIEVABLE!!!! Upped the A/S to 2.5 BILLION SHARES!! What a joke..... I don't think there is a TO on the table, people. I don't think there is any positive spin that can be put on a constant increase in the A/S (along with the steady price decline) in such a short period. I think we're getting screwed, plain and simple. I like to hope for the best, but this is really suspect, to say the least.
Yes. I'm not sure why the highlighted portion of that PR had anything to do with GBDX. Wishful thinking.
You really wonder whether anyone truly knows any SOLID information at all! Or if it's just 2nd and 3rd hand "facts." I have gotten to the point where I get disgusted even seeing the darn GBDX ticker in my portfolio! But I am going to hold because I like to think there is one more run in this dog. Maybe I'm too optimistic.
Just got off the phone with E*Trade and was told that if I sell today then it would have to be recorded as a short-sale because they don't have the new JMON shares yet (and then it would be covered at a later date when E*Trade actually received the JMON shares).
Interesting. That's a first for me.
Who cares about that? This thing is going nowhere. I would much rather take my lump and move on than deal any longer with these fraudsters!
Does anyone else have E*Trade? It won't let me do anything with this dog! Does anyone know when/if we'll be able to sell?
Hndtohnd's audio sounds like it MIGHT be the real deal to me. Assuming it is real, then Haseltine essentially confirmed that he is not with GBDX anymore and that the SEC is indeed mixed up in this dog. ALL IMO
But I do have a question for Hndtohand -- why didn't you ask him about the TO for GBDX and Sib Almaz. All this mystery surrounding this company and the TO and Sib Almaz, etc. and no questions about any of it??!! That is the only thing that makes me question the authenticity of the recording.
GLTA
LOL
This is unbelievable! You summed it up beautifully. This is truly a circus! I'm not sure who the ringmaster is though!
Whiskey and timeshares!?!?!?! What a riot! These guys are fearless!
Hey, I'm with all of you. Give us a TO and all is forgiven. But it still doesn't mean that this hasn't been handled amateurishly (to put it nicely). Of course, I'm assuming that GBDX and Sib Almaz actually exist.
Whatever....
Could be. Overall, my impression is that Jilbert had a vision for this thing and the Safepay crew held it up. I'm just glad we're rid of SFPS and moving on with Emaji. Let's all hope for the best.
That's the thing. I don't think GBDX is being investigated. Based on the rumors flying around here, it seems like they are just confirming (for the SEC) tha the previous characters associated with the shell aren't around anymore, and that they are a legit business.
I don't think that 6 months of silence is a better approach. If the SEC thing is true, a PR would have the best approach IMO
The lack of PRs looks much worse IMO
I think the rumor is that GBDX has been delayed because they have had to respond to an SEC inquiry about some of the individuals that used to involved with the GBDX shell company (prior to it becoming GBDX, of course). And that the SEC wants to ensure that GBDX is on the up and up....blah blah blah.
I'm not sure I buy it. Because that still doesn't justify the fact that we haven't heard a peep from the company in 6 months! If there is an ounce of truth in the SEC story, why not issue a PR saying that the TO is going to take awhile because....(insert your story here). But we still don't get a PR. Something still stinks here.
Also, I'm not sure anyone can actually CONFIRM the SEC story. It sounds like it's all second and third hand stuff. I hope I'm wrong.
The reason we're finally going up is because Jilbert and crew finally got rid of the Safepay Solutions gang. Safepay had millions of shares (which I assume they were dumping all this time) and had to give everything back as part of the agreement (as per the recent PR). So, no more big blocks to dump (unless there are some NETOY people left over - although I think they're gone).
We'll just have to wait and see what Jilbert has in mind for Emaji.
Any moment now, what?
I couldn't agree with you more. Not even a peep since mid-September?!?!
What a joke. I know a lot of people are convinced that this is real but it sure feels like we're being scammed. Luckily, I didn't bet the farm on this dog.
Was that with no news?! If so, I stand corrected.
I should clarify my statement. We can't hold this for too many days without a PR. Yes, we're going up. But why?!?!?!?
Noone has any answers about what's going on with this company. That's the problem. Crazy increases like this with no idea as to why? Unsettling, to say the least.
Has our day finally come? Geez, I hope so. But who knows. GBDX is about as clear as mud to me right now.
And if he/she will finish PRs with the statement we all know and love:
"Great Opportunities Taken Just Might Cause Profits"
LOL
No problem. Thanks for the input.
Has anyone been able to confirm that the SEC has actually been making inquiries? I have searched the SEC website and haven't been able to find any information about GBDX and legal enforcement actions, inquiries, or anything else. Is someone sure about this?
OFF TOPIC
TGTL,
Got your PM last week. PM me your email address.
Bullocks
OT
TGTL
Got your PM. Unfortunately, I can't PM you. Could you send me another PM with your email address so I can respond?
Bullocks
Well, we're almost at FOUR freaking months without a PR. Unsettling, to say the least.
I cut and pasted MY post from October 16, 2007 (#65151). This is the closest I have come to finding a REAL number for "Sib Almaz." Might be them, might not be them. But that is the problem here, Orangeman, which is the point I think you're trying to make (correct me if I'm wrong):
Here is some DD on an "Almaz-Holding" in Amurskaya Oblast:
City Blagoveshensk
Name of enterprise "ALMAZ-HOLDING"
Activity fields Salon of highly artistic golden products
Telephones to contact (4162) 44-26-60, 35-73-83
Fax 442660
Mail address 15 50 let Oktyabrya St., Blagoveshensk, Amurskaya oblast, Russia
I got this through the following link:
http://yellowpages.rin.ru/cgi-bin/search_e.cgi?city=Blagoveshensk&razdel=&page=1&z=RU&am...
Notice that the name is similar to our Almaz-Holding link in the ibox. However, the contact info for the one above is different than the Blagoveshchensk office on the Almaz-Holding webpage.
Here we go again....
Another 150M added to the A/S!!! Nice catch, goldbarren.
What a joke....What in the heck is going on here? See below from NV SOS website:
Actions\Amendments
Action Type: Amendment
Document Number: 20080000919-89 # of Pages: 1
File Date: 01/02/2008 Effective Date: 12/28/2007
Previous Stock Value: Par Value Shares: 1,800,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 1,800,000.00 New Stock Value: Par Value Shares: 1,950,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 1,950,000.00
I believe it is one and the same (if I remember correctly). I know that some of the "old timers" on this board can confirm for sure. However, I am fairly certain that it's him.
But is he even the IR rep for GBDX anymore?
I'm not even sure what he's trying to say. He really needs to be clearer at times.
As much as I hate to agree with you (because I want the TO), there is absolutely no indication that any more PRs whatsoever are forthcoming. Sad but true. I hope I'm wrong, but we have a situation here where nothing is known about the company or its situation. There were some people that seemed to know some things for a while, but now they're out of the loop. the bottom line is that no one can say (with any degree of certainty) that another PR is on the way in 2007 or beyond. This really is a joke.
I have very little hope for this puppy. If it comes through, fine. But things are not looking good IMO
3 months without a PR is a very bad sign IMO.
I'm keeping my shares because you never know (and I've waited this long, so what the heck).
I think it's very possible that we've been hoodwinked, bamboozled, scammed, conned, flimflammed. I can't think of any more slang terms for getting shafted (oh, there's one more) by GBDX. Feel free to add your own.
If a PR comes out, ok. But 3 months and nothing?! This does not look good at all folks. It is absolutely unreal that we really don't have any information about GBDX or Sib Almaz.
Oh well. GLTA
I have been using "SHRED X" (you can check it out on their website) for several days and my workouts have improved significantly (e.g., a lot more energy and intensity during the workout). Also, I purchased their ALLERGY formula (mine are horrible - I plan on trying it when allergy season rolls around again). I used the DCBI discount code and the UPS ground delivery took about 5 days or so. So far, I'm pleased. Also, if you spend some time looking at their website, you will see that Hard Nutrition really has some unique products which set them far apart from the other supplement companies IMO I think it was a very smart move on DCBR's part to acquire Hard Nutrition.
GL
I can't deny that things could be handled more professionally at times. You'll get no argument from me on that one.
IMO DC Brands is attempting to get their act together. I think it's possible that the Hard Nutrition deal and the China business (along with the other 3 years they want to audit) may be a bit much for one person (CFO Jeremy Alcamo -- unless there are other financial people within DCBR I'm unaware of?) to handle.
As a result, it's taking a heck of a long time to get things together. However, I must agree that they do not appear to attach nearly as much importance to the audit as they do to sales and sales promotions. And I think that may be a reflection of Dick Pearce's skill set -- he's a marketing guy. And in my experience, marketing guys always seem to pooh pooh the accountants (instead of realizing that good accounting can only enhance what they're doing as marketers). Perhaps the reason for the lack of urgency for AFs (or strategy on Dick Pearce's part, who knows?).
After your email, I have to agree that Larry Yurcho didn't do anything unprofessional. Also, I think the DC Brands team is sincere in its dedication to the business (JMHO). The addition of beverage heavyweights like Randall and the Sheya guys (again, sales guys -- I'd like to see a PR about an experienced CPA coming on board to move this audit along) is proof of that IMO.
Either way.....GLTA and take care.
Like I said, sandshark, I meant no offense with my post. I was just passing along my "IMO" based on personal experience.
And I'm not going to be calling Turner Stone anytime soon. I expressed my opinion (based on my background) and I'm going to stick by it. I have no reason to doubt DCBR on the status of the audit.
With that being said, I think Dick & Co. could do things differently from time to time. But I'm not the one running the company. However, I do believe that with Project F and Turn Left, we might have one very nice run in us.
Good luck to you sandshark. I hope we make it.