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Hoss,
they already had a current 15c-211, filed by their original mm over a year ago when TBJK came public, as they were fully reporting, so why let it lapse?
Now they got to start the process all over, and it can take awhile, seen it on other fully reporting shells that had let their filings get delinquent, it can take months, I know of one case it took over 5 months from start to finish.
Probably won't be as long here as they are current with their Q's and K, but you never know, FINRA can drag things out as long as they want....
saw it, thanks, that's why I say it's pink now~
looks like they are going pink,
and imo the new company will be traded as a foreign issuer, and the new symbol will have an "F" like the rest of them most likely.
So much for uplisting to a higher exchange.....
nice news~eom
disregard TBJK altogether,
540 to 1 r/s on the way with merger.
post r/s OS will be less than 1 million,
so it will be a super low float......
nothing like helping out the shorts
with a 540 to 1 r/s.......
previous estimates were an r/s of up 5 or 10 to 1, not this bs.
sounds like a good news bad news pr.
My opinion of this management has just changed 540 times for the worst, pricks!
TBJK short report for 9/30/10
Short Volume: 1,703,403
Total Volume: 2,412,383
70.6% shorted for the day and you wonder why we can't break .016, NITE sat there all day, took advantage of the daytraders and shorted until the close to keep a lid on things.
http://regsho.finra.org/FORFshvol20100930.txt
NITE is very short this imo,
along with CSTI, looking at the monthly market maker totals NITE leads the way here, even though they are rarely seen active on L2, so CSTI is doing the work for them most likely then transferring their volume to NITE.......
Typical manipulation by NITE, they do it all the time.
imo
TBJK, check out new filing:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54989581
If you want them best get them today, tomorrow is a new quarter and it looks to be a done deal~
nice Brick!
preferred shares tells me it's a done deal, probably see the 8k after hours today or more likely tomorrow on the 1st, that new quarter thingy haha!
you're welcome~
I'm thinking the deal was done but being so close to the end of the quarter they decided to hold off for the filing requirement reason, it just makes good biz sense, and it gives them time to tie up any loose ends if there were any.
thanks Brick~
only logical reason I can come up with for why we haven't seen the news sooner.
get them before Friday......
Q4 starts Friday, and since this is fully reporting they couldn't announce any major corporate changes the last two weeks of this quarter, they could make changes just not announce them, so imo the merger gets announced in Q4, this would make sense for the filings too, as anything done during Q3 would have to be included in the Q3 10Q, if the news is held until the new quarter then the changes get included in the yearly 10k which also includes the Q4 10Q. This would lessen the info needed to be reported to their auditors for the Q3 10Q.
Looking at Paragons previous mergers Q4 seems to be their preferred time of release.
So I think they possibly pr on Friday or next week at the latest.....
imo
only 90% short today, lol~
Short Volume: 18,000
Total Volume: 20,000
CLEV Appoints New President
Concrete Leveling Sy (BB) (OTCBB:CLEV)
Today : Thursday 23 September 2010
Canton, OH-based, Concrete Leveling Systems, Inc. (OTCBB: CLEV) is pleased to announce the most recent change in the company's executive management structure; Edward A. Barth has joined CLEV's management as President of the company, effective September 22, 2010. Edward has acted as a technical adviser to the company and will continue to oversee all aspects of CLEV as its new President.
Suzanne I. Barth, CLEV's Founder states, "With all the exciting momentum CLEV has enjoyed over our last 3 quarters of growth and sales, the Board believed it was the proper time to have Ed join CLEV's management team. Ed has managed several Public Companies in his past and with Ed's engineering background and 10 years of concrete leveling experience, CLEV is very pleased he has accepted this position."
Concrete Leveling Systems, Inc. manufactures a truck mounted concrete leveling system to raise and re-align sunken concrete slabs. Common applications are; steps, sidewalk, patios, and driveways with specialty application in floors, streets and swimming pool decks. For more information please visit our web site at www.clsfab.net.
Contact:
Concrete Leveling Systems, Inc.
Edward A. Barth
330-966-8120
great post oryx~
sounds like SFMI is doing it right all around, thanks for the summary.
TBJK merger almost here,
check this out:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54652899
Fully reporting shell with 429 million OS, of that 400 million owned by CEO, and 29 million in the float.
Merger deal appears to be done and ready to be announced, please do your own DD.
Company coming in has 10 million NET revenues annually with a 30% growth rate, well worth getting into imo.
yup,lol~
opinions vary to say the least but they all add up to a winner, which is all that matters.
I do like the 10 mill being an annual net revenue number with 30% growth, that is key, that confirmation should make any investor happy.
fair enough,
so let's throw the 29/108 million out the window and just use the fully diluted 429 million for OS from now on, if we can't use 29, then 108 cannot be used too, lol~
I agree, the total OS has to be used for calculations, BUT, I use the term "effective OS" for a situation when a known amount of shares is truly locked up. This is one of those situations.
If Paragon sells out at the moment of merger, then the effective OS will be 108 million, and we'll see that in a Form 4 with Donefelds name on it with a 'D' denotation for disposed.
good stuff Hoss.....
thanks for sharing, appreciate it!
Now I might add.....
I see the 400 million still owned by Paragon, and 321 million going to the new guys, all well and good, but Paragon will most likely hold their position for a year or at least until the stock hits much higher levels post merger, so we can safely assume 29 million float as the effective OS for all intensive purposes, this will make your pps predictions somewhat higher, 10 million divided by 29 million = .34 to start with and IMO, will be the base post merger.
We'll know if Paragon is selling as they will have to file Form 4's as well~
Either way, the pps has the chance to skyrocket whatever the numbers are.
If you have tried to contact them for some time now and they just answered, I'd say it's all done and they can talk but not give specifics, which mean the announcement can come at any time.
TBJK way undervalued on this dip....
looks that way to me too,
and NITE/CSTI taking advantage of them and now they spread out the b/a to slow it down some more.....
TBJK on the dip
yup,
impatient flippers, as usual..........
TBJK short report
FINRA's numbers are not jiving with the L2 volume, but here is what them clowns say for today:
Short Volume: 145,000
Total Volume: 147,000
98.6% shorted for today.
Possibly a trade or two got canceled to throw the volume numbers off and might explain the discrepancy or they got the 7 and the 4 reversed in the total volume, if so, then 83% shorted for the day......
http://regsho.finra.org/FORFshvol20100915.txt
keep in mind........
this is a fully reporting company, not a stinky pinky, any change such as a split(forward or reverse) would have to be announced well ahead of time in a proxy filing, and there would have to be a proxy vote first with the appropriate DEF14 filing announcing the proxy vote, until you see that filing consider the capital structure locked as it is, they can't just surprise us with a split because of the reporting requirements.
This company has 429 million OS, of that one guy (the CEO) owns 400 million, so I doubt he's willing to cut his count in any way shape or form while he's in charge.
With only 29 million in the float, it is set up just fine to trade on the Nasdaq, they just need to finalize the merger.
After trading for 90 days on the OTCBB under the new symbol post merger then if they needed to consider a split to uplist they would put it to a vote, then and only then if it was needed to get the share price up, they may not have to if the pps and a few other requirements are met, they could easily move up the exchange ladder without doing any split, conceivably they could be trading at a price where it wouldn't be necessary, and with such a low float they may even consider a forward split for liquidity if the new guys hold their shares and Donenfeld holds his as well post merger.
Just a few thoughts to consider.
Of course it all remains to be seen just how they handle this merger, but it is good to be in ahead of the announcement!
congratulations Smitter!
All the best to you and yours, cigars all around!
Some things in life are so much more important than stocks, wishing you the best~
has anybody had any follow up
with Donenfeld this week?
If he was in China that might hold the pr off a day or so because of the time difference or possibly some other biz reason, just curious if he's still saying pr this week after his statement last week.
He sure has the credentials to close the best deal for TBJK imo.
I hope he hit it's out of the ball park lol!
TBJK short for 9/8/10
Short Volume: 137,000
Total Volume: 143,833
95.2% shorted for today......
the manipulation continues, hit them at the ask, keep the pressure on~
http://regsho.finra.org/FORFshvol20100908.txt
news, looks like buyout is off~
Epolin, Inc. Announces Termination of Discussions With Possible Acquirer
Date : 09/08/2010 @ 2:35PM
Source : MarketWire
Stock : Epolin, Inc. (EPLN)
Quote : 0.381 0.0 (0.00%) @ 9:30AM
Epolin, Inc. Announces Termination of Discussions With Possible Acquirer
Epolin (BB) (OTCBB:EPLN)
Intraday Stock Chart
Today : Wednesday 8 September 2010
EPOLIN, INC. ("Epolin" or the "Company") (OTCBB: EPLN) (www.epolin.com) today announced that it has received a letter from the proposed strategic purchaser, with whom Epolin had signed an exclusivity letter, that such proposed purchaser was terminating discussions regarding a proposed transaction to acquire the Company. As a result, Epolin's obligation to negotiate exclusively with such party has been terminated as well.
Epolin will continue to pursue strategic and financial options which it believes are in the best interests of its shareholders including but not limited to a potential sale to a third party. There can be no assurance that any such transaction can or will be completed.
About Epolin
Epolin, Inc. is a specialized chemical company primarily engaged in the manufacturing, marketing, research and development of infrared dyes, laser absorbing dyes and infrared dye formulations. The Company's business is heavily weighted towards the development, manufacture and sale of near infrared dyes. Applications for these dyes cover several markets that include laser protection, welding, sunglasses, optical filters, glazing and imaging and security inks and tagants. The Company also manufactures specialty chemicals for certain chemical manufacturers.
Statements contained herein that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. When used herein, the words "anticipate," "believe," "estimate," "plan," "intend" and "expect" and similar expressions, as they relate to Epolin, Inc., or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, such factors discussed in reports and documents filed from time to time by the Company with the Securities and Exchange Commission. Except as required by the Federal Securities law, the Company does not undertake any obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or for any other reason.
For more detailed information, please contact:
Murray S. Cohen
Chairman of the Board
James Ivchenko
President
(973) 465-9495
still getting shorted hard,
Short Volume: 573,382
Total Volume: 923,544
62% shorted, mostly by NITE/CSTI, not letting it go, digging their hole deeper~
http://regsho.finra.org/FORFshvol20100907.txt
I stand corrected,
so the mm filled you under the posted bid, lucky you....
looks like the mm posted a trade
from earlier in the day that was @ .012, the bid at the time was higher, so the 50k trade was held back and posted well after it was executed, would've been a "T" trade if it posted after 16:00, but he got it posted in time, and it also helped the short mm's by not letting it close at the HOD, go figure....
looking at previous filing
release times this outfit likes to put them out around 5 PM EST, if the 8k and pr comes out at that time today it'll be a loooong wait for Tuesdays open to get in and you can forget about getting in for single pennies, lol~
nice to see SFMI
holding it's own, still, lol~
1 for 10 r/s on the way, check todays filing....
http://ih.advfn.com/p.php?pid=nmona&article=44235850&symbol=NB%5EGORV
moving on very little volume, nice~
.012's falling