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I did earlier trying to log in. Everything seems to be ok now.
LD
Strongus, I think you are exactly right. EoM
LD
Nevermind. I'm gonna go drink. Where's Loofman when you need some korn licker?
LD
Pretty much what I figured. I expect the website to go live next week and expect some news to coincide with it.
LD
New message on the website http://www.ru308.com
Seems like a new logo and some pictures of the mines (thumbnails).
Russell Industries: Exploring New Horizons
Still kind of weak, but at least there's progress being made. Official unveiling next week maybe?
LD
Why don't you check the financials they have filed at pinksheets.com and tell us? The rest of us have seen them. It's not like they're trying to hide anything. You are just not looking.
LD
Here is what is listed in the most recent PR. I believe Mr. Berman is still in charge of IR.
irrsds@aol.com
LD
That's my question. At the end it still says 254, but then what's with the "additional 50" in the PR? I'd guess we probably do have 304 now. Why else say it?
LD
504s? You can file one 504 in a 12 month period. Please tell me that's just a typo, and that you really aren't implying RSDS has multiple 504s ongoing.
LD
Let's not stop here. Really explore the space. Up and away. Be sure to slap the ask folks.
LD
Most likely the merger would be with Trophy Resources (TRSI). They are an active oil mining company wanting to get into metal and minerals. Plus, Rick Berman, CEO RSDS, was appointed to their board of directors a few weeks ago. A TRSI/RSDS merger would be a great match.
LD
I can only assume he means this. I can also only assume he doesn't see the connection between REGDEX (Regulation D Exemption) filings and a Regulation D 504.
RUSSELL INDUSTRIES INC (0001071220)
State location: NV
Business Address
50 LIBERTY ST #880
RENO NV 89501
7023220626
Key to Descriptions
[Paper] Paper filings are available by film number from the SEC Public Reference Room.
[Cover] Filing contains an SEC-released cover letter or correspondence.
To limit filing results, enter
form type or date (as 2002/05/23).
Form Type
Prior to
Ownership?IncludeExcludeOnly
Items 1 - 12
Form Formats Description Filing Date File/Film No
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-024365 (34 Act) 2007-05-07 021-93739
07054230
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-024364 (34 Act) 2007-05-07 021-93739
07054231
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-024363 (34 Act) 2007-05-07 021-93739
07054232
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-024362 (34 Act) 2007-05-07 021-93739
07054229
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-017535 (34 Act) 2007-04-06 021-93739
07049297
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 06
Acc-no: 9999999997-07-011329 (34 Act) 2007-02-27 021-93739
07047055
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 06
Acc-no: 9999999997-07-011328 (34 Act) 2007-02-27 021-93739
07047054
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 06
Acc-no: 9999999997-07-011326 (34 Act) 2007-02-27 021-93739
07047053
REGDEX/A [html][text] 1 KB [Amend][Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-07-011325 (34 Act) 2007-02-27 021-93739
07047052
REGDEX [html][text] 1 KB [Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-06-040156 (34 Act) 2006-09-26 021-93739
06047523
REGDEX [html][text] 1 KB [Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-06-038129 (34 Act) 2006-09-07 021-93739
06046790
REGDEX [html][text] 1 KB [Paper]Notice of Sale of Securities [Regulation D and Section 4(6) of the Securities Act of 1933], item 04
Acc-no: 9999999997-06-034944 (34 Act) 2006-08-14 021-93739
06043955
http://www.sec.gov/cgi-bin/browse-edgar
I can't tell you. You can email the CEO and ask. Their last filing was in late June of 2006. Right before the beginning of the 504. I assume they decided to save the expense and hassle of filing during the 504. I hope, and slightly expect, the quarterly/annual filing to resume sometime after the official completion of the 504. Pinks are not required to file, but doing so would go a long way in verifying that Berman wants to increase the value of this company as much as possible. Will he? Won't he? We'll find out after June 1st.
Here's hoping.
LD
I've been around every day. Just real busy right now with summer school.
Real excited about the end of the 504 and am very interested in the result of the pinksheet.com disclosure categorization. I've got my fingers crossed that the last few days of high volume may close the 504 before June 1st. Could be a big boost.
LD
We'd probably see a similar price if RSDS were to file some of the same SEC paperwork that USAU has. Right now I believe it is an issue of trust in a pinky stock. Filing a quarterly report with the SEC would go a long way in ramping this pps up. Way up.
LD
I am, once it hits the news outlets other than pinksheets.com
LD
How about Trophy Resources? Or, I think it has been mentioned, BMW?
One thing is sure, we won't be mining it ourselves. I'm sure Berman has already found a contractor, or at least, is in the middle of doing so.
LD
He's working with Trophy Oil in mining more oil and natural gas.
http://news.moneycentral.msn.com/ticker/article.aspx?Symbol=US:TRSI&Feed=MW&Date=20070308&am...
LD
I expect the partnership with TRSI to be big. Once permits come in RSDS will work with TRSI to mine the claims. Things go well we'll probably see a merger. This combined company will have a wide range of energy assets. Plus, if a big fish wants to buy us out they'll have to pony up a lot more cash, still a small amount for the assets owned, for a TRSI/RSDS combination. It just makes sense. These two companies are a perfect fit.
LD
I think Righty posted yesterday that Berman emailed saying he'd have an update on the 504 for the public soon. I expect Monday the 7th because uranium joins gold and silver on the stock exchange. He didn't say the 504 is done, mind you, but it sure would be something if it were.
LD
Another consideration could be that they own majority share in some claims and would like to get full ownership. Proving the worth would most likely put the price out of reach.
LD
That seems harsh. You should have just called the waambulance.
http://www.waambulance.ytmnd.com/
LD
Rocket Fuel Malt Liquor. Damn!
RIP Phil Hartman
We're looking good, folks. Here's my guess. 504 update comes next Monday. We rocket to .10. I sleep on Loofman's lawn. Russell gnaws off a leg. Everyones happy!
The LD
I was just responding to the people who said it took you to a different Russell Industries. You beat me to the post. I'm not trying to contradict you in any way.
The LD
Yeah, I think the link is wrong. The Russell Industries it takes you to has nothing to do with mining and all to do with electrical parts. Just a thought.
The LD
I would think Berman is working on getting geo reports for most of the claims if not all. There is no point in amassing claims and not being able to put a price on them. A current geo report would give RSDS' assets a solid value that as the price of uranium increases so does the companies value. If the 204 claims proved well stocked with ux/vanadium we'd be a sure thing for a buyout if the price of uranium takes off on May 7th.
It's a waiting game now. The 504 needs to end and we need geo reports. Takes time, folks. Let's hope it's done sooner rather than later.
The LD
Looks good. RSDS needs to get some geological reports out to take full advantage of the situation.
Here's hoping.
The LD
Let me guess, 555 shares at .0009? I know it's you; don't lie. You sneaky fellow. ;)
The LD
Aye. EoM
We ended in the green last Thursday.
I can understand your frustration, but all we can do is wait. I'll worry if May goes by with no news. I expect this month to orient our ship favorably with the tradewinds.
The LD
OT: Will do. I'm not sure how much pull I have, but I'll send some positive vibes your way. Get well soon. You have my respect, sir.
LD
I know how you feel. I bought in higher than it is now, but I'm not worried about making money. It's just a question of how much.
The LD
I know how you feel. Scottrade will not give me my money for three business days.
You may get .0009, but until we get news it shouldn't move far from .001 or .0011. Until the news hits you should be fine. Once he announces it though we're gonna be rockin'.
The LD
I believe you mean, "Dak is Bak!" EoM
The LD
I agree. Berman said he was going to acquire 200 claims. Well, we are now at 204. Most likely the next announcement will be the end of the 504.
Based on Friday's trading I'd say your chances of .0009 are so-so. The claims acquisition goal is done and next is the 504. When that will be is anybody's guess. You can bet on this, once that 504 is done we will hear much more on the partnership with Trophy Oil.
Exciting things are happening.
The LD
There is a lot of comparisons to ETIM here, but there is one big difference between the two. RSDS deals in uranium while ETIM deals in casket trappings. There is much more potential for profit in the uranium market. We should see a similar boost from the 504 completion as ETIM did, but after a short plateau we should continue a steady trek north due to increased asset value.
ETIM is a good parallel, but the upside is even greater here IMHO.
The LD
I'd like to read your reasons for RSDS being a penny right now. We are in the middle of a 504 and haven't even received a permit to mine let alone begun mining. RSDS owns 204 mining claims, but many of the claims have yet to have official geological reports. Simply owning claims doesn't propel a stock much higher especially with a pinky stock. Once the 504 is done expect a good sized boost. I expect .005 while others think higher. Right now our main obstacle is the 504 and fund raising done by the company.
I assume Mr. Berman is sitting on some news but that's good. Why? Well, why waste big news before the 504 is done? He had to PR the claims so investors stay current with the results of the 504. However, other announcements can wait. If Berman is worth a salt, and we all think he is, the announcement of 504 completion will be like a shotgun. Wide ranging and with a good punch.
The LD
It sure is. Almost 2 hours without a trade. We seem to get a flurry of trades around 3:00. Could be interesting.
The LD
We all know what it means. I think everyones afraid to talk about it too much in fear we may jinx it. Trust me, it is very exciting to say the least. I expect very good news early next month concerning this very subject.
The LD
Stocks go up. Stocks go down. You really need to worry when they stop moving altogether. It ain't much, but it feels good to have a day in the green. Here's hoping we can hold.
The LD