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You've got to be kidding
As such the board is primarily responsible for the stock being priced where it is at.
I think it's not following through, and at the very least, not informing shareholders of exactly what they are trying to accomplish. Pinks run on news period.
I felt it but I thought it was a heavy truck going by somewhere
Wild stuff
OTHER EVENTS AND HEARINGS
07/29/2010 (9:00 AM)
Motion for Appointment
(Judicial Officer Denton, Mark R.)
Shareholder Advocates LLC's Application for Appointment of Custodian
Sorry about that
I tried it out on a machine that has a duo-core with multiple windows open and it froze, but my overclocked quad rig does just fine. I'm not sure about the "dump" you mention.
Well, at least there's good news:
15 July 2010 BP Subsea operational update
Following installation of the capping stack and in line with the procedure approved by the National Incident Commander and Unified Area Command, the well integrity test on the MC252 well commenced today. (1315 Hours CDT) After One Hour, the visible plumes have all but vanished. [ Video ] Test duration is expected to range 3-48 hours, longer is better as it indicates pressure high and holding.
Tom Hunter, retired director of the Sandia National Laboratories and a member of the federal government's scientific team, witnessed the test inside BP's war room in Houston and told The Washington Post that the pressure rose to about 6700 psi and appeared to be likely to level out "closer to 7000." He said scientists will labor to understand the meaning of such pressures. One possibility, he said, is that the well has simply depleted itself to a certain degree over the course of nearly three months. "It's just premature to tell. We just don't know whether something is leaking or not," Hunter said.
Press Briefing Tweets:
At 10:30am we closed the kill line. At that point the only flow was going out the choke line. -Kent Wells
At 12:30pm we started to close the choke - we did it half a turn at a time to slowly close the well in. -Kent Wells
At 1:15pm CT we issued that the well integrity test was starting. The official start time was approx 2:25pm. -Kent Wells
We will announce if there is an issue & we have to open the choke back up. -Kent Wells
Gauges you see on ROVs are not for pressure in the well. No guages to observe as we use transducers to monitor well pressure. -Kent Wells
Admiral Thad Allen, National Incident Commander:
"We're encouraged by this development, but this isn't over. Over the next several hours we will continue to collect data and work with the federal science team to analyze this information and perform additional seismic mapping runs in the hopes of gaining a better understanding on the condition of the well bore and options for temporary shut in of the well during a hurricane. It remains likely that we will return to the containment process using this new stacking cap connected to the risers to attempt to collect up to 80,000 barrels of oil per day until the relief well is completed."
http://docs.google.com/View?id=dff7zmqz_7c6rdwsc9
New Link - Multiple Live Underwater Feeds
http://blog.alexanderhiggins.com/bp-live-oil-spill-cam.html
Water –The India Story
Global Freshwater Scenario
Global Freshwater reserves are rapidly depleting and this is expected to significantly impact many densely populated areas of the world
Low to middle income developing regions as well as highly developed countries will face water stress in the future, unless existing water reserves are managed effectively
• Although low and middle income developing countries currently have low per capita water consumption, rapid growth in population and inefficient use of water across sectors is expected to lead to a water shortage in the future
• Developed countries traditionally have high per capita water consumption and need to focus on reducing their consumption through improved water management techniques and practices
By 2025, India, China and select countries in Europe and Africa will face water scarcity if adequate and sustainable water management initiatives are not implemented
Freshwater Situation in India
Traditionally, India has been well endowed with large Freshwater reserves, but the increasing population and overexploitation of surface and groundwater over the past few decades has resulted in water scarcity in some regions
Growth of the Indian economy is driving increased water usage across sectors. Wastewater is increasing significantly and in the absence of proper measures for treatment and management, the existing Freshwater reserves are being polluted
Increased urbanization is driving an increase in per capita water consumption in towns and cities. Urbanization is also driving a change in consumption patterns and increased demand for water-intensive agricultural crops and industrial products
Total global water reserves is ~1400 MM Tr liters, of which Freshwater consists of only about 35 MM Tr liters
Groundwater and surface water, which together constitute 30.5%of the Freshwater reserves (~0.76% of the total water on the planet), are the most easily accessible and used sources of water
Every year, 0.11 MM Tr liters of precipitation falls on land
• 92% of this is lost due to surface runoff, evaporation, etc.
By 2025, an estimated 3 Bn people will be living below the water stress threshold
• Between 1995–2025, global population and per capita water consumption are projected to grow at a CAGR5 of 1.16% and 0.67% respectively
• Densely populated and developing regions of the world, such as Asia and Africa are expected to face the maximum water stress
https://docs.google.com/fileview?id=0BxjWDnEruAD9NmVmOGJiNzYtMjM4Yy00NWU2LWEyNWEtZmE4NzljNTY2NTQ0&hl=en
Very cool colors
Red with a little dark green on top = Tasty
Anti-Dilution Provision
What Does Anti-Dilution Provision Mean?
A provision in an option or a convertible security. It protects an investor from dilution resulting from later issues of stock at a lower price than the investor originally paid. Also known as an "anti-dilution clause".
http://www.investopedia.com/terms/a/anti-dilutionprovision.asp
Anti-Dilution Provision
In common and preferred stock, the right of a shareholder to maintain the same percentage of ownership in a company, should the company issue more stock. This protects the investor from devaluation of his/her shares if the company decides to hold a round of financing. In preferred stock, the anti-dilution provision also indicates the right of a shareholder to purchase more shares in a new round of financing at the offering price up to his/her previous percentage of ownership. Most U.S. states only allow the anti-dilution provision if it is made explicit in the corporation's charter.
http://financial-dictionary.thefreedictionary.com/Anti-Dilution+Provision
What is anti-dilution protection?
Almost all venture financings have some form of anti-dilution protection for investors. In the context of a venture financing, anti-dilution protection refers to protection from dilution when shares of stock of stock are sold at a price per share less than the price paid by earlier investors. This is known as price-based anti-dilution protection. Anti-dilution protection, along with the liquidation preference, are two of the fundamental features distinguishing preferred stock typically sold to investors from common stock generally held by founders and employees.
Preferred stock is normally convertible at the option of the holder at any time into common stock, usually on a share for share basis, and is typically automatically converted upon the occurrence of a qualified initial public offering. Price-based anti-dilution adjustments involve increasing the number of shares of common stock into which each share of preferred stock is convertible. In addition, an anti-dilution adjustment will affect the voting rights of the company’s stockholders because the preferred stockholder is almost always entitled to vote on an as-converted to common-stock basis. The primary difference between the various anti-dilution formulas to be described in upcoming posts is the magnitude of the adjustment under different circumstances.
Although an investor may be diluted in the sense that it may own a smaller percentage of the company following any new stock issuance, the value of the portion of the company owned by such investor has theoretically increased due to the increase in the total company valuation due to the higher price per share paid by the new investor. Occasionally, absolute anti-dilution protection is requested by investors (or executives) against any dilution arising as a result of the subsequent sale of stock, which basically guarantees a certain percentage ownership of the company for a specified time period or until the occurrence of a certain event, such as a initial public offering. However, these provisions may impair the company’s ability to raise financing.
The other type of anti-dilution protection that preferred stock investors always obtain is structural anti-dilution protection. This is an adjustment of the conversion price of their preferred stock into common stock upon the occurrence of any subdivisions or combinations of common stock, stock dividends and other distributions, reorganizations, reclassifications or similar events affecting the common stock. For example, in a stock split, an investor will expect a provision to the effect that, to the extent the common stock is subdivided by a stock split into a greater number of shares of common stock, the conversion price of each series of preferred stock then in effect shall, concurrently with the effectiveness of such subdivision, be proportionally decreased. This type of anti-dilution protection ensures that the investor holding preferred stock is treated as if such investor held common stock without the need to actually convert into common stock and lose the features associated with the preferred stock held by such investor.
http://www.startupcompanylawyer.com/2007/07/28/what-is-anti-dilution-protection/
Alaska City Set to Ship Water to India, U.S. Company Announces
July 11, 2010 - S2C Global Systems, a water supply management company, announced last week that within six to eight months it will ship water from Sitka, Alaska to a hub in India. The water will then be distributed via tanker to markets in south and west Asia and the Middle East.
The Blue Lake Dam increases the lake’s surface area from 490 to 1225 acres, while providing hydroelectric power to Sitka County.
UPDATE FROM JUNE 2, 2010: Texas-based S2C Global Systems has announced the creation of a water hub at a port on the west coast of India with the potential to distribute billions of gallons of water each year from Sitka, Alaska to markets in India, the Middle East and west Asia, according to a press release on the company’s website.
Sitka, a small town located on Baranof Island off Alaska’s southeast coast, will sell the water to Alaska Resource Management for one penny per gallon. S2C and True Alaska Bottling, which has a contract for the rights to export 2.9 billion gallons (10.9 billion liters) per year from Sitka’s Blue Lake Reservoir, formed Alaska Resource Management LLC to facilitate bulk exportation.
The city will earn $26 million US per year if ARM exports its entire allocation, and more than $90 million US annually if the city can export its maximum water right of 9 billion gallons. That amount of water is enough to meet the annual domestic needs of a city of 500,000 using 50 gallons per person per day.
This will be the world’s first large-volume exports of water via tanker: companies have tried unsuccessfully for more than two decades to break open the bulk water export market. Past attempts have been thwarted by daunting logistics, concerns about natural resource sovereignty and commodification as well as the availability of cheaper local sources.
With last week’s announcement, S2C appears to have found the right combination of location, infrastructure and pricing to make exports feasible.
S2C will not identify the port’s location “for security reasons,” but Terry Trapp, the chief executive of True Alaska Bottling, told Circle of Blue in an interview in May that the port is south of Mumbai.
When called for more information about the water hub, S2C president Rod Bartlett said that he would not be releasing any details to the media other than what is included in the company’s press releases. True Alaska’s chief executive did not return phone messages before this story was published.
According to S2C’s press release, the company plans to begin shipping water within six to eight months to a hub with a berth for a Suezmax vessel that can hold up to roughly 40 million gallons, an offloading system connected to a storage tank farm, and a distribution complex for the packaged water. After 18 months a larger berth for 80-million-gallon VLCC tankers will be completed.
From the hub, smaller ships will transport water to shallower ports, such as Umm Qasr in Iraq, according the press release. Water will also be available in 20-foot containers with flexi-tanks, which can hold up to 4,623 gallons, for pharmaceuticals and high-tech manufacturing, and 10 liter bottles for consumers.
“S2C Global has an exciting future in India and the region,” Bartlett stated in the press release. “After recently spending time in India meeting port authorities and potential distributors, our vision to distribute water globally became real. We fully expect the India World Water Hub to fulfill our minimum expectations of a half a billion gallons sold annually.”
S2C’s announcement comes a day after the Alaska Department of Natural Resources received three new applications for bulk water removal from Adak Island in the Aleutian chain. The Aleut Corporation plans to export 1.5 million gallons per day from three reservoirs on the island.
Bulk water exporting has raised public ire in Canada, but public opinion in some Alaskan towns remains positive.
“It’s been something we’ve talked about quite a bit in the community,” Sitka’s mayor Scott McAdams told Circle of Blue in May. “There’s not a lot of opposition to it. In this borough we have 8,600 people, but we have a renewable resource of water that could meet the needs of a metropolitan area. We do have excess water.”
Source: S2C Global
Brett Walton is a Seattle-based reporter for Circle of Blue. Reach him at brett@circleofblue.org.
http://www.circleofblue.org/waternews/2010/world/north-america/alaska-city-set-to-ship-water-to-india-u-s-company-announces/
It’s elementary; (a) before (b)
NRS 78.347 - Application by stockholder for order of court appointing custodian or receiver; requirements of custodian; authority of custodian; adoption of regulations by Secretary of State.
3. The district court shall order any applicant who is granted custodianship pursuant to this section to:
(a) Comply with the provisions of NRS 78.180 or 80.170, as applicable. The custodian shall submit evidence of compliance with this paragraph to the district court.
(b) Provide reasonable notice to all shareholders of record of a shareholder meeting to be held within a reasonable time after an application for custodianship or receivership has been granted. The custodian shall submit evidence of compliance with this paragraph to the district court.
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NRS 78.180 - Defaulting corporations: Conditions and procedure for reinstatement.
1. Except as otherwise provided in subsections 3 and 4 and NRS 78.152, the Secretary of State shall reinstate a corporation which has forfeited or which forfeits its right to transact business pursuant to the provisions of this chapter and shall restore to the corporation its right to carry on business in this State, and to exercise its corporate privileges and immunities, if it:
(a) Files with the Secretary of State:
(1) The list required by NRS 78.150;
(2) The statement required by NRS 78.153, if applicable; and
(3) The information required pursuant to NRS 77.310; and
(b) Pays to the Secretary of State:
(1) The filing fee and penalty set forth in NRS 78.150 and 78.170 for each year or portion thereof during which it failed to file each required annual list in a timely manner;
(2) The fee set forth in NRS 78.153, if applicable; and
(3) A fee of $300 for reinstatement.
NRS 78.150 Filing requirements; fees; powers and duties of Secretary of State.
1. A corporation organized pursuant to the laws of this State shall, on or before the last day of the first month after the filing of its articles of incorporation with the Secretary of State, file with the Secretary of State a list, on a form furnished by the Secretary of State, containing:
(a) The name of the corporation;
(b) The file number of the corporation, if known;
(c) The names and titles of the president, secretary and treasurer, or the equivalent thereof, and of all the directors of the corporation;
(d) The address, either residence or business, of each officer and director listed, following the name of the officer or director;
(e) The information required pursuant to NRS 77.310; and
(f) The signature of an officer of the corporation certifying that the list is true, complete and accurate.
NRS 77.310 Appointment of registered agent.
1. A registered agent filing must state:
(a) The name of the represented entity’s commercial registered agent; or
(b) If the entity does not have a commercial registered agent:
(1) The name and address of the entity’s noncommercial registered agent; or
(2) The title of an office or other position with the entity if service of process is to be sent to the person holding that office or position, and the address of the business office of that person.
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NRS 80.170 - Defaulting corporations: Conditions and procedure for reinstatement.
1. Except as otherwise provided in subsections 3 and 4 or NRS 80.113, the Secretary of State shall reinstate a corporation which has forfeited or which forfeits its right to transact business under the provisions of this chapter and shall restore to the corporation its right to transact business in this State, and to exercise its corporate privileges and immunities, if it:
(a) Files with the Secretary of State:
(1) The list as provided in NRS 80.110 and 80.140;
(2) The statement required by NRS 80.115, if applicable; and
(3) The information required pursuant to NRS 77.310; and
(b) Pays to the Secretary of State:
(1) The filing fee and penalty set forth in NRS 80.110 and 80.150 for each year or portion thereof that its right to transact business was forfeited;
(2) The fee set forth in NRS 80.115, if applicable; and
(3) A fee of $300 for reinstatement.
NRS 80.110 Filing requirements; fees; powers and duties of Secretary of State.
1. Each foreign corporation doing business in this State shall, on or before the last day of the first month after the filing of its certificate of corporate existence with the Secretary of State, and annually thereafter on or before the last day of the month in which the anniversary date of its qualification to do business in this State occurs in each year, file with the Secretary of State a list, on a form furnished by the Secretary of State, that contains:
(a) The names and addresses, either residence or business, of its president, secretary and treasurer, or the equivalent thereof, and all of its directors;
(b) The information required pursuant to NRS 77.310; and
(c) The signature of an officer of the corporation.
NRS 80.140 Addresses of officers and directors required; failure to file.
1. Each list required to be filed under the provisions of NRS 80.110 to 80.175, inclusive, must, after the name of each officer and director listed thereon, set forth the address, either residence or business, of each officer and director.
NRS 80.175 Defaulting corporations: Reinstatement under old or new name; regulations.
1. Except as otherwise provided in subsection 2, if a foreign corporation applies to reinstate its charter but its name has been legally reserved or acquired by another artificial person formed, organized, registered or qualified pursuant to the provisions of this title whose name is on file with the Office of the Secretary of State or reserved in the Office of the Secretary of State pursuant to the provisions of this title, the foreign corporation must in its application for reinstatement submit in writing to the Secretary of State some other name under which it desires its existence to be reinstated. If that name is distinguishable from all other names reserved or otherwise on file, the Secretary of State shall reinstate the foreign corporation under that new name.
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regarding the second part of your question
NRS 78.347 - Application by stockholder for order of court appointing custodian or receiver; requirements of custodian; authority of custodian; adoption of regulations by Secretary of State.
2. An applicant on whose behalf a stockholder has applied to the district court for a custodianship pursuant to subsection 1 shall provide the following information, along with an affidavit attesting that such information is true and correct, to the district court:
(a) A detailed list of all previous applications to a court in any jurisdiction for a custodianship of a publicly traded corporation that were filed by the applicant or an affiliate or subsidiary of the applicant.
(b) If an application listed in paragraph (a) was approved, a detailed description of the activities performed during the custodianship by the applicant or the affiliate or subsidiary of the applicant.
(c) A description of the current corporate status and business operation of any publicly traded corporation for which the applicant and any affiliate or subsidiary of the applicant has held a custodianship.
Project Owner: Guizhou Mengjiang River Basin Development CO., Ltd. is established on November 25, 2003 as a project-specific independent legal entity with registered owners’ capital of 200 million yuan, which has six shareholders - Guizhou Zhongshui Energy Development CO., Ltd. (60%of capital), Qiannanzhou State-owned Capital Operation CO., Ltd. (7.5%), Huisui State-owned Capital Operation CO., Ltd. (4.5%), Changshun State-owned Capital Operation CO., Ltd. (3%), Luodian State-owned Capital Operation CO., Ltd.(10%). and Guizhou Nenghui Investment and Development CO., Ltd.(15%). Guizhou Mengjiang River Basin Development CO., Ltd. is engaged in investments and constructions of hydropower and fuel-fired power projects, protection and developments of water resource, generation and distribution of electric power, electric power technology counselling and equipments purchasing and so on.
Annex 1
CONTACT INFORMATION ON PARTICIPANTS IN THE PROJECT ACTIVITY
Organization: Guizhou Mengjiang River Basin Development CO., Ltd.
Street/P.O.Box: No.9, Nanshazhou Road
City: Duyun City
State/Region: Guizhou Province
Postfix/ZIP: 558000
Country: China
Telephone: 86-0854-8285-716
FAX: 86-0854-8285-705
Title: Senior Engineer
Salutation: Mr.
Last Name: Lou
First Name: Gen
Department: Administration Department
Mobile: 13385541109
Direct FAX: 86-0854-8285-705
Direct tel: 86-0854-8285-716
Personal E-Mail: Lg13308598009@126.com
https://docs.google.com/fileview?id=0BxjWDnEruAD9ZjYzNWEyYjYtYjA0ZS00MDBlLWE5NGUtYzc5MTJiOTM3NDM5&hl=en
No, why would I?
Thanks for the update
Nice to see the action here
Awards search
https://www.dibbs.bsm.dla.mil/Awards/default.asp?selection=sol&PgSz=10&scope=all
https://progate.daps.dla.mil/home/
ftp://ftp.fbo.gov/FBORecoveryAwards/
http://www.fbodaily.com/fbo/fbosearch.asp?keywords=award&indexname=2010-July&maxhits=All
http://prod.nais.nasa.gov/pub/fedproc/home.html
DEFENSE LOGISTICS AGENCY
DEFENSE ENERGY SUPPORT CENTER
8725 JOHN J. KINGMAN ROAD, SUITE 4950
FORT BELVOIR. VA 22060-6222
June 3, 2010
SUBJECT: Contract Awards Under Solicitation SP0600-1O-R-0107(Japan PCS) FY 2010-2014
TO: All Potential Vendors
DESC thanks you for your participation under the Japan PCS solicitation SP0600-1O-R-0107 and subsequent negotiations conducted in-person, facsimile, telephone, and/or e-mail.
Evaluations of line items that your company offered on under this solicitation are complete and contracts have been awarded. After evaluating your offer in comparison to other offers received, DESC made contract awards based on which offers were technically acceptable and offered the lowest price, and therefore were in the U.S. Government's best interest.
Solicitation SP0600-10-R-0107 closed having received successful offers on 147 line item requirements from four (4) potential contractors. Information regarding the successful offerors/contractors may be obtained from the PC&S Contractor Information System (CIS) located on the DESC webpage at https://ports2.desc.dla.mil/cis.htm. This communication is a mandatory requirement per Federal Acquisition Regulation Subpart "15.503 Notifications to Unsuccessful Offerors".
Should your company require additional information concerning offers, it may be requested under the Freedom of Information Act (FOIA). FOIA requests can be made by visiting the DESC Homepage at www.desc.dla.mil and clicking on the section entitled "Doing Business with DESC". If you do not have Internet access, requests can be made via regular mail, or facsimile, at the following:
Defense Energy Support Center
ATTN: Freedom of Information Act Office
8725 John J. Kingman Road, Suite 4729
Fort Belvoir, VA 22060-6222
or
FOIA Analyst: Pernie Forehand, DESC-CPB
Telephone Number: (703) 767-7373
Facsimile Number: (703) 767-8745
Email: pernie.forehand@dla.mil
If there are additional questions, please contact Lisa L. O'Brien, Senior Contract Specialist at (703) 767-9534, email Lisa.OBrien@dla.mil. or the undersigned at (703) 767-9504, email Gerald.Tinner@dla.mil
~~~ GERALD R. TINNER
Contracting Officer (DESC-PLB)
Ground Fuels Division II
Direct Delivery Fuels
otcjournal.com
Bulova Technologies (OTC PK: BLVT)
Let me hit you with this one right off the bat- I'm breaking one of my own cardinal rules in presenting this ideal. I believe BLVT is going to report about $32 million in revenue for FY 2009, but there is no evidence in the SEC filings to support that number. In fact, this company has never filed an audited or unaudited financial statement with the SEC that reflects their current operations. This is a non reporting company, but I'm told will be up to date with all filings by August 15th- hence my interest in getting the story to you now. I have always advised avoiding these kinds of situations as you're flying blind with no instruments or radar. In this case I was willing to take the risk- I know two individuals who have visited the company and believe it's for real, and one of them has a nose for undiscovered situations.
The company is Bulova Technologies, and in case you're wondering yes- it's the same Bulova Technologies as the Bulova Watches. Bulova did a bunch of defense work dating back to WWII, and the two divisions were separated decades ago. Post WWII the Defense Department was looking for watch companies to produce military fuses with complex timing functionality which were similar to watches. Bulova stepped in, and has operated as a systems manufacturer since WWII.
Bulova Watches was founded in 1875. The Defense side was formed post WWII, and is a conglomeration of a number of companies today- one acquired from the old Dictaphone Corporation (you have to be as old as me to remember that one). Bulova Technologies- the successor to all this stuff and the subject of today's edition, is now a defense contractor doing (if you can believe the numbers) substantial business in initiators, simulators, and fuses for the United States Department of Defense.
Here's the biggie- are you ready for this? Bulova is getting close bringing its financial statments current. How much business do the actually do in this arena? The estimate I have read is the company will report $32 million in top line revs for the year ending Sept 30, 2009.
The estimate for FY '10- $71 million in revenues, and $.14 in EPS.
According to my source, the company has a current back log of $69 million in revenues.
Now, I don't know exactly what these things do, but I'll show you some pictures and provide some numbers:
This BoobyTrap Simulator - the company has a contract to produce $13 million worth of these things. I don't know exactly how they are used in the field, but if the company can sell $13 million worth and make some money, I expect to make some money from the stock.
The next item on the DOD's shopping list for this company is this JAU 22/b Initiator, which I assume is some sort of fuse. Again, I don't know exactly what it does, but there's a $2.7 million one year contract in place with the Navy for this particular product.
Last, but not least, is the M81 Igniter, which contributes to their $32 million in back log contracts witht he DOD.
If any of this stuff has any basis in reality, you want to be in ahead of the company reporting its numbers in a formal way to the SEC.
However, I'm going to say this again and again- this is the Vegas of the stock market. I love Vegas, and I'll step up to the table when I spot a dealer that might be hot. On the other hand, I know all those fancy hotels on the strip didn't get built on the winnings of gamblers.
Therefore, I am mentally prepared to lose all my money in this one if the company ends up being not "All It Can or Could Be".
In the meantime, those intrepid souls with a gamblers mentality of their own will be buying this stock very cheap. As you can see, about 20 months ago the stock spiked to $1.40. Since December of last year, it's been a flat line, choosing to trade between $.10 and $.20 on pretty light volume.
Of late, the stock has showed its first signs of life in months with a significant increase in volume and a brief spike over the $.20 level.
According to the company there are 90 million shares I&O fully diluted. At today's offer price of $.19, the market is currently valuing the company at $17 million. If the estimate for FY'10 of $71 million in revs and $.14 in EPS are accurate, I see upside here to $1 this year.
I'm told the company's first quarterly report reflecting actual operations will be filed with the SEC any day now. It will show the top and bottom line numbers for the March of '09 numbers, and will serve as a good starting point. We'll find out if this thing is for real in pretty short order, and it will be a good first step.
In the meantime, I caution you again- Don't Buy This Stock- unless you have a gambling mentality like myself, and can stomach the risk associated with investing in a non reporting company where you don't know the real numbers. In this case, I decided the risk was worth it. After all, if these numbers are for real, I'll probably make 5 to 10 times my money vs the potential of a total loss.
I like it for me, but you have to decide if it's right for you. I plan a few follow ups on this one as the numbers come out and we learn what we've really got. The next step- I'll try to get permission to post the report I read on the site.
You asked for crazy penny stock ideas- This one is a doozy-let's see where it goes.
http://www.otcjournal.com/Dont-Buy-This-Crazy-Penny-Stock/af/archive/20100708-1/
It is from the 3Q 2009 report received March 17 2010
Marshall Energy Group LLC. (MEG)
In December, 2009 the board proposed resolutions charging McCutheon Marshall Jr. the President of Sentinel Renewable Energies S.C. Inc. / Pinnacle Energy Inc., the company’s subsidiaries, with the task of launching Marshall Energy Group LLC., (MEG). The Company is to operate as a non-affiliated political consulting firm designed to cultivate national and international alternative energy projects. The Board recognized that the relationships fostered by this endeavor would be politically sensitive in the extreme.
It was therefore determined that MEG, for lack of a better description, would operate as a non-affiliated sister company with the primary directive of
(i) identifying projects and initiating embryonic development programs and
(ii) advancing them up the line to a capital structure and financing phase.
At that point Syndication Inc. would then be engaged to execute those capital structure and financing initiatives.
DIVERSIFIED ENERGY CORP
The name(s) and address(es) of the incorporator(s) is(are) as follows:
RTD MANUFACTURING, INC.
MANAGEMENT TECHNOLOGY, INC.
MARSHALL ENENERGY GROUP, LLC
UNITED RENEWABLES CORP
The name(s) and address(es) of the incorporator(s) is(are) as follows:
RTD MANUFACTURING, INC.
MANAGEMENT TECHNOLOGY, INC.
MARSHALL ENENERGY GROUP, LLC
Hope
Hope is a belief in a positive outcome related to events and circumstances in one's life. Hope is the feeling that what is wanted can be had or that events will turn out for the best.
Hopefulness is somewhat different from optimism in that hope is an emotional state, whereas optimism is a conclusion reached through a deliberate thought pattern that leads to a positive attitude.
Hope is distinct from positive thinking, which refers to a therapeutic or systematic process used in psychology for reversing pessimism.
WLNS: New Jobs May be Headed to Area
Congressman Mark Schauer: Recovery Act Grant Will Create 50 Clean Energy Jobs in Jackson
Funds will help Jackson company produce high-tech components for wind turbines, expand renewable energy industry within Michigan
Washington, Jun 25 - Today the Michigan Department of Energy, Labor & Economic Growth (DELEG) announced a grant funded under the American Recovery and Reinvestment Act for Great Lakes Industry, Inc. (GLI), of Jackson, Michigan. This funding will allow GLI to immediately extend its capabilities into the manufacture of utility-grade wind turbine gears, and will position GLI to assemble and distribute wind gearboxes in the future. The project is expected to create 50 new clean energy jobs in Jackson and retain another 50 jobs.
“The investment of Recovery Act funds right here in Jackson will not only help revitalize the local community, but fills a much-needed gap in Michigan’s renewable energy industry,” said Congressman Mark Schauer. “Larry Schultz, President of Great Lakes Industry, has identified the lack of gearbox or large gear production in the United States, with none currently in Michigan. Today’s investment will build our capacity to produce these parts right here in Michigan, and bring more jobs to Jackson for years to come.
Over 85% of wind gearboxes and related gears were imported in 2008 and 2009.
GLI received $2,000,000 in grants and $500,000 in loan funding through the Clean Energy Advanced Manufacturing (CEAM) Renewable Energy Systems grant program, the funding for which was provided under American Recovery and Reinvestment Act. Schauer sent a letter to Skip Pruss, Director of DELEG, on May 21, 2010, supporting GLI’s application for this funding.
http://schauer.house.gov/News/DocumentSingle.aspx?DocumentID=192453
http://www.greatlakesind.com/company/index.html
>MEG in negotiations with Michigan Company to build "Wind Turbines". Expected to hire over 300 employees at plant in Jackson, Mi.<
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46593628
Remeber this
I get the feeling things are moving with Mack in Michigan, South Carolina is just a tagged on afterthought. Who needs Methes when we can build our own. After all, they don't even build them anyway, Turn-Key Modular does.
NextEnergy Member Profile
McCutcheon Marshall, Jr.
President/ CEO Marshall Energy Group, LLC
Baltimore, MD
Professional Bio
McCutcheon serves as President/ CEO at Marshall Energy Group, LLC (MEG), a minority owned, MBE/DBE certified "Renewable Energy Company" that speciallizes in providing the SOLUTIONS for tomorrows energy technology problems. MEG's services include enegy generation via arge scale wind farms and solar array. MEG and its "AEPIF Team" members are developing plans to build our own patented/proprietary "Biodiesel Equipment". MEG will purchase its own equipment and opera three (3) "Biodiesel Production Facilits" in Michigan. Each facilty (when producing at name plate capacity) is capable of producing fifteen (15) million gallons biofuel per year. MEG has teamed w/MTI an RTD and we are making arrangements to build/construct two (2) large (150MW) each. These two wind farms will generate enough electricity to power 180,000 - 220,000 households
The MEG Team is working with w/federal, state and local government agencies to aid in securing 50,000 acres of "farmland" to grow feedstock. The MEG Team is negotiating w/inventor to purchase the patent, rights and related document for a "Photobioreactor" to produce "Algae".
McCutcheon also serves as President/Founder of another company Sentinel Renewable Energy (SRE) and we are currently building a 2.6 m/g/y "Biodiesel Production Facility in South Carolina
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48334808
Management Technology Inc.
6710 Oxon Hill Road Suite 400
Oxon Hill, MD 20745
MTI is a leading Information Technology provider to Federal, State, and Local Government Agencies, Department of Defense, and Commercial Enterprises across the nation. We have a passion for people and technology.
Over its 25 years, MTI has provided IT solutions and services for a large number of clients. A selection of our client base includes:
U.S. General Services Administration
U.S. Department of Justice
U.S. NAVY
U.S. Department of Veteran's Affairs
U.S. Department of the Treasury
U.S. ARMY
U.S. Environmental Protection Agency
U.S. Department of Housing and Urban Development
U.S. Air Force Air Combat Command
http://www.mtiinc.com/index.html
They must've known where their final destination was and tried to cut out the middleman.
Too tall!
If I'd known how big it was going to get, I would've put it in the raised bed and had Mr Stripey in the pot. Oh well.
You mean Johnson?
An heirloom I picked up in Pennsylvania
German Johnson
A large prolific plant from North Carolina. Producing HUGE beautiful pinkish red beefsteak type tomatoes often more than one pound in size. Excellent flavor. Thought to be one of the famous parents of Mortgage Lifter. A wonderful tomato. 78 Days Indeterminate Bragger Size
http://www.dorights.com/tomato/pages/German%20Johnson.htm
Thanks I love playing with them everyday
My neighbor already has the wilt but I keep on top of it so that shouldn't be a problem. I just hope blight doesn't visit me.
Here's the whole interview
It's an hour long, so I edited it, but I included all the important info. The beginning of Ray and all of Mack
http://emerald-planet.org/06062010.aspx
Center of a Mobile Universe: National Security, Alternative Energy, & Sustainable Telecommunications Practical Solutions
Studio Guests:
Ray Brooks, CEO, Diversified Energy Corp.
McCutcheon Marshal, President, Diversified Energy Corp.
Joel Coulter, President, Earl Energy
Show Summary:
Today’s presentations by United Renewables/Marshall Energy Group and Earl Energy Group provide a glimpse into the innovations being developed, tested, and deployed in regions of over 50 countries in support of the United States Partnership for Peace, Joint Department of Defense and State Department Stability Operations Programs with NGOs in response to large scale United Nations Humanitarian Assistance and Disaster Relief Recovery Programs such as currently ongoing in Haiti.
I'm not sure if they're related to this company
http://www.biomassmagazine.com/article.jsp?article_id=1464
http://www.diversified-energy.com/
Michigan SOS
Searched for: DIVERSIFIED ENERGY CORP
ID Num: 03190G
Entity Name: DIVERSIFIED ENERGY CORP
Type of Entity: Domestic Profit Corporation
Resident Agent: BRYANT RAMSEY
Registered Office Address: 1150 S ELM STE D JACKSON MI 49203
Mailing Address: MI
Formed Under Act Number(s): 284-1972
Incorporation/Qualification Date: 3-25-2010
Jurisdiction of Origin: MICHIGAN
Number of Shares: 60,000
Year of Most Recent Annual Report:
Year of Most Recent Annual Report With Officers & Directors:
Status: ACTIVE Date: Present
Searched for: UNITED RENEWABLES CORP
ID Num: 03157R
Entity Name: UNITED RENEWABLES CORP
Type of Entity: Domestic Profit Corporation
Resident Agent: BRYANT RAMSEY
Registered Office Address: 1150 S ELM STE C JACKSON MI 49203
Mailing Address: MI
Formed Under Act Number(s): 284-1972
Incorporation/Qualification Date: 3-25-2010
Jurisdiction of Origin: MICHIGAN
Number of Shares: 60,000
Year of Most Recent Annual Report:
Year of Most Recent Annual Report With Officers & Directors:
Status: ACTIVE Date: Present
Here's your update
I wasn't going to bust this out today, but I'm short on patience with ambiguous PR's.
Nothing yet
I checked:
Syndication Inc.
Sentinel Renewable Energies
Sentinel Renewable Energy
Marshall Energy Group
Pinnacle Energy Inc
Sentinel Solar
MEG
SRE S.C.
Brian Sorrentino
McCutcheon Marshall Jr.
Mack Marshall
Peter Katzburg
Mark Solomon
Howard Siegel
Richard Rossi
HSBC London
and a few more I probably forgot...