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Let Me clarify this has nothing to do with SCRA. It was just Knowledge for other investments u might make or have.
OT: found this on another board.
New rules for all non-reporting companies. Goes into effect Feb. 15th 2008. They will no longer be able to sell unrestricted shares, this is being done to try to stop pinkies from diluting. All shares sold will now be restricted for one year, so no more dumping shares on the market. This should have a big effect in the pink sheets as this is how most scams make money. It is also meant to encourage them to become reporting companies.
http://www.sec.gov/cgi-bin/txt-srch-sec?section=Entire+Website&text=145&sort=rank
Final Rule: Revisions to Rules 144 and 145
Conforming Version (To Conform to Release Published in the Federal Register) SECURITIES AND EXCHANGE COMMISSION 17 CFR Parts 230 and 239 [Release No. 33-8869; File No. S7-11-07] RIN 3235-AH13
Size: 206413 Modified: 12/13/2007 /rules/final/2007/33-8869.pdf
Looks like someone just made a mistake. .0122
This will be one of those stocks people will be wishing that they bought at this low pps.
I think MM's wanted us to close lower.
All and all we had a great day high of .17, Up from yesterday, and there cant be to many shares left for sale. They wont get mine!! GLTA
Its been a longtime coming... Lot of us have been waiting patiently. GLTA
Nice to see it uptick. Good call.
I know but its better than all those days of .07's and .08's. lol
Whats with these $20 dollars sales? Is it MM's? Or do the have free trades? What a waste
SCRA $ 0.12
Sea Containers Ltd. 0.03
Shares Short 948,400
Days to Cover (Short Ratio) 2.5
Short % of Float 3.99 %
Shares Short - Prior 1,001,600
Short % Increase / Decrease -5.31 %
Squeeze RankingTM -9
% from 52-Wk HIGH ( 1.78 ) -1447.83 %
% from 52-Wk LOW ( 0.03 ) 73.91 %
% from 200-Day MA ( 0.91 ) -691.30 %
% from 50-Day MA ( 0.37 )
-221.74 %
Price % Change (52-Wk) -92.90 %
Trading Volume - Today 597,458
Trading Volume - Average 378,300
Trading Volume Vs. Avg. 157.93 %
Total Shares - Float 23,770,000
Total Shares - Outstanding
% Held by Insiders 43.26 %
% Held by Institutions 4.40 %
Market Cap
EPS
PE Ratio
Sector:
Industry:
SI Record Date 2007-JanA
Information Provided Without Warranty
Since SCRA is almost a million shares short does anyone know if they will have to start covering soon as this thing upticks? Also how long can someone short if the price keeps going down?
Hasnt really trade closed over a 11 cents in a month. Except for the Aribritration ruling.
Date Open High Low Close/Last Volume
01/11/2008 0.09 0.13 0.09 0.115 597,458*
01/10/2008 0.085 0.095 0.085 0.09 197,516
01/09/2008 0.08 0.09 0.08 0.089 64,820
01/08/2008 0.08 0.09 0.08 0.08 22,253
01/07/2008 0.089 0.089 0.08 0.08 63,850
01/04/2008 0.08 0.089 0.075 0.089 131,700
01/03/2008 0.072 0.085 0.072 0.08 74,404
01/02/2008 0.08 0.085 0.072 0.072 134,140
12/31/2007 0.086 0.09 0.072 0.08 743,249
12/28/2007 0.085 0.09 0.083 0.086 928,268
12/27/2007 0.088 0.092 0.085 0.085 216,301
12/26/2007 0.095 0.0995 0.086 0.087 363,383
12/24/2007 0.095 0.10 0.09 0.099 81,398
12/21/2007 0.115 0.115 0.086 0.10 229,885
12/20/2007 0.10 0.12 0.09 0.115 180,653
12/19/2007 0.086 0.105 0.076 0.10 454,834
12/18/2007 0.125 0.125 0.09 0.10 208,220
12/17/2007 0.105 0.125 0.085 0.105 377,221
12/14/2007 0.115 0.13 0.105 0.11 285,977
12/13/2007 0.115 0.13 0.11 0.13 318,795
12/12/2007 0.165 0.165 0.12 0.125 368,232
12/11/2007 0.14 0.18 0.125 0.15 311,608
12/10/2007 0.14 0.16 0.105 0.125 600,493
12/07/2007 0.24 0.25 0.14 0.14 2,345,643
12/06/2007 0.065 0.37 0.055 0.23 5,804,920
12/05/2007 0.042 0.042 0.04 0.04 132,521
12/04/2007 0.045 0.045 0.04 0.044 89,868
12/03/2007 0.045 0.045 0.045 0.045 65,936
I just walked in what happend today?
Was that a buy or sell for 113333 shares?
Makes sense.
why?
I agree. He didnt look like the type to dish out alot of money on pinks. Besides thats what he said also. lol. I am sure he wouldnt but it for his clients too much risk.
I went to that party last night with that investor that ranks in the top 100 in the US. I dont know if its just a coincidence told him about Sea Containers last night and what I thought. And today alot of buying. Maybe its nothing just odd.
picked up another 20k
Burst.com, Real Networks in Patent Litigation
SANTA ROSA, CA, Jan 09, 2008 (MARKET WIRE via COMTEX) -- Burst.com, Inc. (PINKSHEETS: BRST) announced today Real Networks has commenced declaratory judgment litigation in the Northern District of California with respect to the validity and enforceability of certain Burst patents. Burst is studying the complaint filed by Real Networks and will respond appropriately.
About Burst
Founded in 1988, Burst.com has pioneered the development of Faster-Than-Real-Time(TM) video and audio delivery. Burst.com has built an international patent portfolio covering burst-mode video and audio delivery, scheduling, rapid casting, network optimization and DVR functionality.
About Hosie MacArthur
Hosie McArthur LLP specializes in trying complex commercial cases and obtaining exceptional results. Because of the quality of its legal skills, innovative approach to the law and record of success, Hosie McArthur has been chosen by colleagues, entrepreneurs, CEOs, and state attorneys general for some of the country's most demanding civil litigation. Hosie McArthur offers clients a sophisticated legal team that balances broad legal experience with specialized practice skills. It has extensive experience in antitrust, intellectual property, energy and natural resources law, fraud, business torts, media law and class actions. The firm has successfully litigated several multi-million dollar verdicts and settlements in cases against some of the largest multi-national corporations in the United States. For more information, visit www.hosielaw.com.
For Further Information Contact:
Spencer Hosie
415-247-6000
SOURCE: Burst.com, Inc.
Copyright 2008 Market Wire, All rights reserved
That would be nice. I have MicroCrap and for some reason I cant get level II on this stock. I need to call. As we approach the next hearing and maybe with the sale of SeaStreak(when it happens) this thing should slowly start to move back up. I was invited to a party with a one of the top investors in florida(I think he is a hedgefund manager)Dont know his name but I am going to pick his brain and see if he has any insight.
My bad. I have actually appreciated all ur input, since u seem to know alot more than I. So I was kinda like Wtf? Who pissed in his wheaties. lol. All good. We r here for the same reason. I just want facts like u not fiction!
If you have information to share with the board that is detailed enough to add to the dd on the board, let us have it. If not, most would prefer you saving the child like statements.
I have two words for u.
Didnt someone say that Smallcapp was trying to set up a interview today at 11am?? Is that still on?
Thanks I understand that. But they can exit many ways. Cancel shares etc
Exit how? How reliable is ur source?
form 8-k Cash flow higher.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) January 7, 2008
Delphi Corporation
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of
Incorporation) 1-14787
(Commission File Number) 38-3430473
(IRS Employer Identification No.)
5725 Delphi Drive, Troy, MI
(Address of Principal Executive Offices) 48098
(Zip Code)
(248) 813-2000
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
--------------------------------------------------------------------------------
TABLE OF CONTENTS
ITEM 7.01 REGULATION FD DISCLOSURE
SIGNATURE
--------------------------------------------------------------------------------
Table of Contents
ITEM 7.01 REGULATION FD DISCLOSURE
During the second half of 2007, Delphi Corporation (“Delphi” or the “Company”) generated cash flow in excess of the amount projected in its revised business plan ending the year with more cash available than set forth in its First Amended Plan of Reorganization as filed with the United States (“U.S.”) Bankruptcy Court for the Southern District of New York (the “Court”) on December 10, 2007. As a result of a permanent improvement in liquidity, Delphi will be reducing the amount of requested exit financing.
FORWARD-LOOKING STATEMENTS
This Current Report on Form 8-K, including the exhibits being filed as part of this report, as well as other statements made by Delphi may contain forward-looking statements that reflect, when made, the Company’s current views with respect to current events and financial performance. Such forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the Company’s operations and business environment which may cause the actual results of the Company to be materially different from any future results, express or implied, by such forward-looking statements. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue,” the negative of these terms and other comparable terminology. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the following: the ability of the Company to continue as a going concern; the ability of the Company to operate pursuant to the terms of the debtor-in-possession financing facility and to obtain an extension of term or other amendments as necessary to maintain access to such facility; the terms of any reorganization plan ultimately confirmed; the Company’s ability to obtain Court approval with respect to motions in the chapter 11 cases prosecuted by it from time to time; the ability of the Company to prosecute, confirm and consummate one or more plans of reorganization with respect to the chapter 11 cases; the Company’s ability to satisfy the terms and conditions of the Equity Purchase and Commitment Agreement; risks associated with third parties seeking and obtaining Court approval to terminate or shorten the exclusivity period for the Company to propose and confirm one or more plans of reorganization, for the appointment of a chapter 11 trustee or to convert the cases to chapter 7 cases; the ability of the Company to obtain and maintain normal terms with vendors and service providers; the Company’s ability to maintain contracts that are critical to its operations; the potential adverse impact of the chapter 11 cases on the Company’s liquidity or results of operations; the ability of the Company to fund and execute its business plan (including the transformation plan described in Item 1. Business “Potential Divestitures, Consolidations and Wind-Downs” of the Annual Report on Form 10-K for the year ended December 31, 2006 filed with the U.S. Securities and Exchange Commission (the “SEC”)) and to do so in a timely manner; the ability of the Company to attract, motivate and/or retain key executives and associates; the ability of the Company to avoid or continue to operate during a strike, or partial work stoppage or slow down by any of its unionized employees or those of its principal customers and the ability of the Company to attract and retain customers. Additional factors that could affect future results are identified in the Company’s Annual Report on Form 10-K for the year ended December 31, 2006, including the risk factors in Part I. Item 1A. Risk Factors, contained therein and the Company’s quarterly periodic reports for the subsequent periods, including the risk factors in Part II. Item 1A. Risk Factors, contained therein, filed with the SEC. Delphi disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise. Similarly, these and other factors, including the terms of any reorganization plan ultimately confirmed, can affect the value of the Company’s various prepetition liabilities, common stock and/or other equity securities. Additionally, no assurance can be given as to what values, if any, will be ascribed in the bankruptcy cases to each of these constituencies. A plan of reorganizat ion could result in holders of Delphi’s common stock receiving no distribution on account of their interest and cancellation of their interests. In addition, under certain conditions specified in the U.S. Bankruptcy Code, a plan of reorganization may be confirmed notwithstanding its rejection by an impaired class of creditors or equity holders and notwithstanding the fact that equity holders do not receive or retain property on account of their equity interests under the plan. In light of the foregoing, the Company considers the value of the common stock to be highly speculative and cautions equity holders that the stock may ultimately be determined to have little or no value. Accordingly, the Company urges that appropriate caution be exercised with respect to existing and future investments in Delphi’s common stock or other equity interests or any claims relating to prepetition liabilities.
Awesome.I appreciate that in advance. Well the Jan 22 is right around the corner and if(when) the common survive it is definitely worth more than .09 pps. Even selling alot of there assets.
Agree. On a postive They still own 50 percent of one of the largest container companies in the world. GESeaco has to be a huge positive.
This is where I found the article of the purposed settlement for shareholders.
http://www.auto1688.com/news/2007/27590.htm
what happen to the old proposed deal where shareholders received 348 million in new securities? havent been following this one closely.
Great Choice! He has been very helpful the whole time I have been in this. Between the three of u Great Team.
Thanks for all the great DD! Where is ur friend reverse? lol
thanks> I picked up a few> will pick up again tomorrow!
Well then dont start party without me!
I am from miami also, but working in central florida. It was 37 degrees. Not beach weather. Cant be good for the oranges.
picking up more MM's on the bid!