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I got word of the fact that some folks are setting up a brand new board for AERO and it wlll reference FRMB and how the two trades are connected. As soon as that new board is completed I'll be certain to let everyone here know of its existence ... so stay tuned.
The ONLY "Beatty CONTROLLED merger" is the one he participated in as CEO ... which was the LOI involving MKHD and GCS. That deal had a very well defined expiry date, which was 90 days after the date of the LOI's execution (i.e., September 20, 2012). In hindsignt it's now painfully obvious that the parties NEVER intended to sign that deal because a mere TEN days after its expiry Beatty announced that he had been in discussions with FRMB ... which, incidentally, has NO such expiry date.
It's all confusing ... but SO damned INTERESTING!!! Make no mistake, this is not incompetence on Beatty's part. This is guile and deception for some greater purpose ... which shall become apparent shortly.
IT'S GOING TO BLOW YOUR SOCKS OFF!!!!!!!!!!!!!!!!!!!!
I think not. The Definitive Agreement is a very weird document (for a host of reasons). One of the weirdest aspects of it is that it has no defined expiry date. So I suspect that Beatty will use that 'void' to play some more games with the peeps.
Also, they went to great pains to do a share-swap as opposed to a reverse merger. That was done to get around the problem of Forum Mobile Isreal being a foreign company. On top of that, they have shown absolutely no desire whatsoever that the respective prices of FRMB and MKHD's stock rise and create some buying volume. NONE at all. This is simply a deal to off-load something of little APPARENT value to an entity that has little apparent value.
As I've stated before, there is SO MUCH MORE than meets the casual eye regarding this deal. Beatty is up to his neck in intrigue here ... and no doubt relishing every second of it.
And make no mistake in this ... it's NOT been cancelled.
FRMB - I now also need AANDREWS to appear...
I'm now CONVINCED that you are an FRMB insider who just couldn't restrain yourself from posting here in the past. And as such, you hold a wealth of information (albeit limited in nature) about this trade.
Why don't we SHARE each others information so that we can BOTH profit from that which we COLLECTIVELY now know? Add your FRMB/MKHD information to my ASYI/GCS information and damn, who knows what that mixture will lead to?
Please PM me ... and let's turn on the crock-pot.
FRMB - Longmike. Kindly make your presence known here ...
as I'm increasingly interested in asking you about a posting you made to this board back in December. It's POST #73 ... and I am now CONVINCED that its content holds the key to the MKHD/FRMB/ASYI/GCS inigma. When all of us mere amateur slueths were wandering about blindly, completely unaware of FRMB's existence, your very excellent DD uncannily shined a laser-like spotlight on this caveat emptor piece of dark, foreign slim.
Your thoughts about this (as well as several other now exceedingly pressing aspects of the overall trade) would be greatly appreciated.
I'm beginning to smell the presence of some SERIOUS money here longmike. And I need you to help me hoist its whereabout above the water-line.
TIA dear friend.
FRMB - I've got an Hasidic friend ...
who owes me a couple of favors. He's a gruff, straight-laced guy, who wears the traditional Hasidic garb (black pants, long black coat, and big black 1930's, Elliot Ness, 'gangster' hat). He doesn't play around.
FRMB's office is located on Broadway, in lower Manhattan. On Mondey, my friend has agreed to "visit" the office (in the company of several other Hasidic gentlemen) and DEMAND (in home-boy Hebrew) some straight answers.
If ANYONE can get such answers, Moshie can.
I would'nt want to be there when he walks through the door!
DAMN ... maybe Beatty will there (with his yacht cap on) when my orthodox Jewish buddy steps through that flimsy entrance door!
Very well Clay. Your admirers now know that there are 6 monitors on your desk. Hopefully, they will have gained something of value by that video disclosure.
Pleasant weekend.
I like you my man. Let's keep it that way. You're trying to sell something. As a prospective buyer I have a RIGHT to weigh-in as to its value.
Enjoy you weekend.
P.S.: Unlike the vast PennyArmy who inhabits this space, I make every attempt to HONE my thoughts BEFORE I transmit them. Sometimes this causes me to edit my postings.
It's "shallow" my man. You know what I mean by that. You missed an excellent opportunity to "present" Clay Trader (and what he does ... and how he does it) to a broader audience ... not to mention those who might have an interest in purchasing his various materials. I'm not impressed by three video screens that contain no information that I can see.
Next time you decide to give such an "offering" to the unwashed Noobs, first take a gander at what a true trader ... Trader Mike did ... waaaaaaaaaaay back in 2007.
Oh, and uh yeah ... you can even use one of your three monitors to Google his name and assoiated information.
Be well dude ... but you've really got to tighten-up your game.
FRMB - There is more here ... MUCH more here...
then meets the eye!
Indeed, this little "back-water" of a board may well hold the key to all that is happening in other, more "exciting" places.
While a vast Penny-army of flipping FOOLS await a "run" elsewhere that will NEVER, NEVER, EVER take place, they have totally neglected to visit this quiet, little back-water.
I've begun to think that such a decision on their part is a very grave mistake.
So much so, that I've now become fascinated by the FRMB/MKHD embrace ... and the great likelihood that behind a curtain somewhere here, lurks Global Convergence Solutions.
We'll see.
Beatty is not "running" the ASYI merger. Nowhere has it EVER been officially or publicly stated that Beatty was brought back to the ASYI BOD to specifically "run" ANY merger involving ASYI.
That indeed is the truthful beauty of LeCorb's statement ... that ONLY CEO-Haines speaks for ASYI ... not a member of the BOD.
And Daddy-Haines has been exquisitely mum all this time, has he not?
Your video was extremely shallow. I had fully expected more from you.
I telephoned the office of FRMB on Friday and asked if the share-swap had closed. I was told that "the company is not permitted to give out that information, and that you'll have to refer to the "News Tab" on our website."
I was tempted to tell him what he could do with his "News Tab" ... but hey, I was speaking to a caveat emptor company that hasn't filed audited financials for SIX years, and has changed its corporate name THREE times, and was booted off the NASDAQ for "questionable practices".
So I calmly said "thank you" ... and hung up.
FRMB – Why all the “cloak & dagger” BS …
from a miserable, caveat emptor company like FRMB whose shares virtually never trade?
And then, the broader and far more important question:
Why does EVERY single company that has had ANY involvement or connection (however slight) with the T/R/M theory seem to go out of its way to disappoint and confuse the public by virtue of their inactions?
MKHD, ASYI, BDS, KoolTel, GCS, and now FRMB … each of them has oddly and uncannily displayed an utter disregard for any transparency whatsoever … and a complete and utter inability to close a transaction on a specific date. From a piece of ‘foreign trash’ like Forum Mobile Israel, to a rock-solid, well-run company like Global Convergence Solutions … each of these companies seems to have become suddenly INFECTED with the same recurring virus!
Why do EACH of these SIX companies have this singularly unique problem?
Mere coincidence?
Something suggests just the OPPOSITE!
FRMB - The 8K filing is due (at the lastest) within 4 BUSINESS days of the closing. That would then mean that FRMB has until Monday, at 5:00PM of next week to make the filing.
So we shall see.
Where's the LOVE! Didn't I call this play!!!!!!!!!!!!!!
Made 4 Grand here this week ... AND I'M GOING TO TURN THAT INTO TWENTY NEXT WEEK.
The DANG DRAGON is smokin' HOT!
Enter the DRAGON! DANG is smokin' HOT!
AMD was rolling hot ... until its momentum got back-stabbed by Goldman's secret ambitions. You may be CERTAIN of the fact that what occurred will not be taken lightly by AMD's very thoughtful CEO.
Early next week we'll have the opportunity to witness his response. I added to my holdings (significantly) as a result of that opportunity.
Nothing is more exciting (nor lucrative) than well-exercised REVENGE.
I'm seeing $4.50 by Monday's closing bell.
Go AMD!
You can't be serious!
AMD is EXPLODING!
An excellent post in all respects.
I had a REAL nice day riding DANG. Got out at $5.30. Will re-board when the PPS retraces to $5.40 ... and it's off we go again.
P.S.: DANG's media people did a very terrible job today. They had wonderful earnings numbers to work with ... but used them VERY ineffectively.
AMD will gap-up on Friday morning.
Yes. I re-boarded (after getting out two days ago with a very nice profit) today at $3.69 ... and I'm just as happy as a clam.
Go AMD!
This is a GIFT at the present price. You'll not see it any lower than this!
MONSTER REVENUE NEWS JUST OUT!
First Quarter 2013 Highlights
Gross Margin in the first quarter of 2013 was 17.2%, the highest level since the second quarter of 2011, compared to 14.2% in the first quarter of 2012 and 13.4% in the fourth quarter of 2012.
Net Loss for the first quarter of 2013 was RMB72.7 million ($11.7 million), representing 5.5% of total revenues, as compared with a net loss of RMB99.5 million in the first quarter of 2012 representing 9.2% of total revenues and a net loss of RMB122.1 million representing 7.6% of revenues in the fourth quarter of 2012.
Gross Merchants Value ("GMV") of the marketplace in the first quarter of 2013 were RMB584.1million ($94.0 million), a 193% increase from the corresponding period in 2012.
Closing on the definitive agreement is a "material event" and must be announced to shareholders within 4 calendar days of its having taken place. Therefore, we won't know until at least Friday whether or not they closed on Tuesday.
Just like greasy Beatty and his fellow-BASTARDS to delay any news. As if ANYONE cared, eh?
FRMB is now the 3,466th most read board!
Can the BUZZ-CLOUD be very far away?
I'm feeling your pain. But there's silver lining in all of this. They are AFRAID that the trade could blow-up in the faces.
Stay calm. Stay cool. Buy a few more when you can.
It will all be over soon.
P.S.: The key is AERO IQ.
NEWS JUST OUT: T.H Capital thinks that Dangdang will BEAT first-quarter forecasts!!!!!!!
NEWS JUST IN FROM BARRONS!!!! Dang's earnings are gonna SOAR!!!!!!!!!
DANG - LOOK AT THAT CUP AND HANDLE!!!
DANG'S AT ITS HOD! A CHINESE MONEY-MONSTER!
Classic cup and handle now forming!
Go DANG!
Go China!
LOOK AT THE 100-DAY CHART AND TELL ME WHAT YOU SEE! And fresh earnings data (which will include all the EXTRA earnings derived from China's BILLIONS of shoppers having spent money for the Chinese New Year celebrations) will be announced in a BIG-TIME conference call BEFORE Wednesday's opening bell!
It may be wise to have some DANG in your portfolio, eh?
NEXT RESISTENCE IS $5.55 .... last encountered in September of 2012. She'll blow through that one at the opening bell on Wednesday morning.
Go DANG!
Go CHINA!
This is what was stated in DANG's last financial report:
Total net revenues in the fourth quarter of 2012 were RMB1,614.8 million ($259.2 million), a 31% increase from the corresponding period in 2011.
Media revenue for the fourth quarter of 2012 was RMB934.8 million ($150.0 million), an increase of 30% from the corresponding period in 2011, representing 58% of total revenues, slightly lower from last year.
GMV of the marketplace in the fourth quarter of 2012 were RMB548.3 million ($88.0 million), a 169% increase from the corresponding period in 2011.
Total net revenues in fiscal year 2012 were RMB5,193.8 million ($833.7 million), a 44% increase from 2011.
Media revenue in fiscal year 2012 was RMB3,252.5 million ($522.1 million), an increase of 32% from the corresponding period in 2011, representing 63% of total revenues, compared with 68% in 2011.
GMV of the marketplace in fiscal year 2012 were RMB1,373.1 million ($220.4 million), a 165% increase from 2011.
And the quarterly that's going to be announced on the morning of May 15th is EVEN GOING TO BE BETTER THAN THIS INFORMATION.
BOARD NOW!
DANG'S BLOWING THROUGH A SAW-BUCK! HEADS-UP!
DANG IS ROLLING! jUST BLEW THROUGH JANUARY 15, 2013 RESISTENCE! NOTHING BUT BLUE SKY FROM HERE!
DANG's first quarterly report is due on Wednesday, BEFORE the opening bell. They are making a VERY big deal out of the conference call that will anounce the content of that report. IMO: it's going to be an excellent report.
You've only got today and tomorrow to get aboard!