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Righty tell me you have the champagne on ice!!!
With the accumilation from this board, we can take this to $1.00+ when the shorts are fried, do not sell cheap you will regret it!!
2 million at .50 looks might nice!!!!!!!!!!!!!!!!!!!!!
Get ready for take off!!!! If your going faint what will happen to Couch, JR, WTL and Copley??
This reminds me of May, no volume, but this time we are headed to .10 and higher!!!! Larry the time is now. Unleash the NOBO with Deals closed and the shorts will be cooked!!!!
No bidwhack today? I think Larry is about to get the train moving!!!!!!!
I want the NOBO list!!!
Larry can't afford to keep using the word "should" he has some of the most faithful longs in the pinks! This stock could be around .50 with the proper PR campaign. The longs are not going to hold forever, and every long has been tested here. We need an update. Couch,Copley, JR, WTL, and all the other faithful longs, deserve at least that much.
Larry is going to Frankfurt on Sunday, and he told JR that we would see a PR before he goes. The clock is ticking and I hope we see one in the next 2 days!!!!
Here is something interesting to read. Beware NSS Larry is coming!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The U.S. Securities and Exchange Commission may impose penalties on a hedge-fund manager for improper trading, the agency's first ``naked-short'' case since its chairman said he was concerned about the practice in July.
The SEC staff plans to recommend the commission take civil action against Sandell Asset Management Corp. for trading in shares of Hibernia Corp., two of the firm's investors said. The SEC has been investigating Sandell, which manages $4.5 billion, since the start of the year, according to the investors, who said they received a letter from the New York-based firm explaining the situation.
In a short sale, a trader normally borrows shares and then sells them, hoping the stock will fall and stock can be bought back at a lower price. A naked short is when the sale is made before shares are borrowed. SEC Chairman Christopher Cox has said naked shorting can drive down a stock's price, hurting investor confidence and a company's ability to attract capital.
``Selling short without having stock available for delivery and intentionally failing to deliver stock within the standard three-day settlement period can be market manipulation'' in violation of securities laws, Cox said on July 12.
Shawn Pattison, a spokesman for Sandell, declined to comment on the case, as did SEC spokesman John Heine in Washington.
Sandell Asset Management, founded in 1998 by Thomas Sandell, a former senior managing director at Bear Stearns Cos., is cooperating with the SEC, according to the investors, who declined to be identified because the probe isn't public. They said the firm has kept them informed about the investigation.
Hibernia Takeover
The fund has returned 18 percent so far in 2006, they said, compared with about 9 percent for similar funds, according to data compiled by Chicago-based Hedge Fund Research Inc.
The SEC has been investigating whether Sandell broke securities rules during trading of Hibernia, a New Orleans-based bank that agreed to be bought by Capital One Financial Corp. in March 2005. Sandell, which bets on corporate events like mergers, wagered that shares of Hibernia Corp. would rise after Capital One Financial Corp. made its $5.35 billion bid.
The shares traded just below Capital One's price of $33 a share until Aug. 30, a day after Katrina slammed into the Gulf Coast and two days before the deal was scheduled for completion.
Over the next week, Hibernia shares fell more than 11 percent as it became clear that New Orleans wouldn't quickly rebound from a storm that killed thousands of people and left 80 percent of the city under water.
It was then that Sandell allegedly sold short Hibernia without borrowing those shares.
Capital One, the No. 5 U.S. credit-card issuer, cut the price of the purchase of Hibernia, Louisiana's biggest lender, to $5 billion, or $30.49 a share in cash and stock on Sept. 7.
Couch when you become CEO please have WTL write your PR's. He is very articulate and clearly knows what needs to get done!! I just updated your holdings to 20 million. If you want all the shares yuo can have mine @ .50. A bargain!!
Couch how about .008 today, it will still bring down your average PPS. We can start the MOMO without Larry. Think they will take 100X.008?
You and couch would be a powerful 1-2 punch, maybe like Paul Allen and Bill Gates? I like it!!!!
WTL is working on a PR as we speak!!!
WTL i would be willing to bet that you could write a PR that would bring us to $1 in a couple of hours!!!!
You have no idea Travis, JR and WTL are going to lead us to the promise land, and if they don't couch will own the company in no time, so he will give us some juicy PR's!!!!
Larry owes you a good cuban cigar and a round of golf at the World Golf Tour club in Myrtle Beach for keeping the morale up. Jr I think I am here because I believe in you not Larry. If it wasn't for you and WTL I would probably have left.
I would think green paint is more your taste!! LOL!!!!!
I would be a little more anxious with 100k on the line, but damn you could wallpaper a whole house!!!!!!!!!!!!
You don't want me calling him. I might say something inappropriate. If he trully is working on these deals and doesnt care about the current PPS that is great news, but we need to see about 5 PR's in a row with what the heck is going on!!! All investors deserve to be kept aware of what is going on with the company. If my math is correct if you own 9 million shares at an average of .01, that is $90K invested! I think you deserve PR'S!!!!!!!!!
If I was on the outside looking in, I would feel the same way some of the bashers on this board feel. We were supposed to see great news in August, but nothing. We got a fluff PR that was information we already knew. Most of the longs have been in this one since May/June. No need to call Larry, WTL and JR call him all the time. I trust what they say is correct. I will not sell this for a lose. I will wallpaper with certs!!!! I have never seen a more dedicated bunch of investors in a pinkie. We need to be rewarded!!! Larry the table is set just put the friggn food out!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
At this point Larry had to come through. Nobody will invest here until then. Jr and WTL do a great job talking to Larry and getting news, but outside investors have seen Larry miss deadlines. We will not move until we get a deal. I wish Jr and WTL's comments could move this stock, but actions will speak louder than words!!!!
Makes sense, just hoping EQBM doesnt follow MGMX's collapse to .001! Thanks for info!
WTL since you follow MGMX maybe you can tell me why it has tanked so bad, and why EQBM is better suited to take off?
WTL, JR in the house today?
We have seen this many times before. I will not get excited until we hit 20 million in volume! This volume is about 20-40k a day. We need to see a 100k or more to get excited.
We have all been very patient here. I can only hope that Larry has something up his sleeve for all of us patient longs!!!
Maybe, today was mildly discouraging. Nice volume yesterday with some movement, but today was the opposite! Those MM's are tough to break!!
sorry, expenses
With 3 million in administrative expensive, one would think a PR update would be appropriate. Nice to be well informed share holders. JR and WTL do a great job, but it is time we heard from the source.
Jr or WTL anything in the financials that get you excited?? Just curious.
Couch is that you takin a 5% profit? If Larry isn't diluting it must be you. LOL.
Couch, if I feel like painting my house I thimk I know who to call!!!!
The chart is perfect!!!!!! LARRY give us what we need!!! I want a 60' TV for Christmas!!!
Great work WTL!!! I don't know about everyone else but I am dreaming of a green christmas!!!!!!
Sorry Artie, I had a positive thought!! LOL!!!
That is great news!!! I hope you were as excited as I am to hear this!!!! Please PM me when you speak with him this afternoon!!! Thanks Jr!!!!
Alright how bout just a little piece.
Do tell please JR, who cares what the bashers think, i dont even read their posts!!
Great to hear that you talked to Larry!! Go time is now! The longs have waited for the reward here!! I would love to know what the 2 of you talked about, but your right people will bash you and JR, so why bother. I have noticed your getting a little more fired up about being better informed about the company. It is time for the longs to stand up and let Larry know it is time to deliver!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!