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no parking lot for me
then people just take those psots and repost them all over the internet. You can go there and have fun with yourself.
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I can research and post only info
and still get bashed. It doesn't work that way. They always shoot the messenger of bad news. The way it goes.
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not again bop
I posted lowest closing price ever. It was not a new all time low which I'd posted earlier. The all time low was intraday, not on the close. You refused to admit you were wrong about a tiny little thing like this.
You walked away from astn board stating you are working on another site and can't post here and be a director anymore because of conflict of interest. Well, you're still posting. What happened? You walked away from astn debate as you were losing big time. You only picked the astn debate because I was on the other side of the argument. There's no way you think it's a solid investment. They're a .55 stock today.
Keep talking out you *** bop and maybe you'll convince yourself that you're right
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How Valentine operates
relevance: valentine is director in uttc, a division of astn. He is also doing hte same financing with ashton.
Re: 8/15/01 - [JNOT/Mark Valentine] Red Herring: JagNotes.com has a serrated edge
The Contrarian: JagNotes.com has a serrated edge
By Christopher Byron
Red Herring
August 22, 2001
This article is from the August 15, 2001, issue of Red Herring magazine.
Have no doubt, there's no free lunch on Wall Street. At the faintest aroma of edible chow, you can be sure that insiders will be the first to feast -- especially when the meal is a penny stock whose principal financier is operating through an offshore tax haven.
Consider the little-known New York-based Web outfit JagNotes.com (OTC: JNOT). Investors in this company now find themselves sitting on a collapsed stock whose only valuable remaining asset -- a Web-based streaming-video service -- has lately become the plaything of a Canadian hedge fund operator with interests in Bermuda.
JagNotes.com got some buzz in the early '90s by publishing a tip sheet of the Buy-and-Sell recommendations that investment firms gave institutional clients before the markets opened. A network of spies at various firms alerted JagNotes.com after the so-called morning calls, and the company then faxed the information out to its small but cultlike subscriber list.
Then in 1999, JagNotes.com launched a $9.95-per-month subscription Web site for the tip sheet and gussied up the operation with some Hamburger Helper commentary from the likes of former New York representative Susan Molinari and analyst Elaine Garzarelli. For added sex appeal, the site offered a streaming-video service.
At its zenith, in spring 1999, JagNotes.com was valued at more than $300 million, though the business was operating in the red with rising costs and revenue of less than $1 million a year. Just two years later, operating costs have exploded and the top line has barely budged -- revenue even fell 34 percent in the three-month period ended April 30. The company's stock price tumbled from its high of $21.50 in 1999 to a low of 4 cents this April.
But some stocks just don't know when to quit. Recent weeks have seen JagNotes.com arise, Lazaruslike, from the embalming table as a result of an astonishing refinancing that, at least temporarily, has brought the company back to life.
VALENTINE'S DAY
The saga began in summer 2000, when the cash-strapped company, down to its last $800,000, turned to a Canadian hedge fund operator named Mark Valentine. He agreed to pump in as much as $12.5 million in debt and equity over three years at discounts ranging from 15 percent to 25 percent of the prevailing market price.
Then in February 2001, Mr. Valentine wrangled a deal to have JagNotes.com sell him 85 percent of the streaming-video service -- to be known as JAGfn -- that he'd effectively been bankrolling. The purchase price: a touch over $1 million in cash, a $500,000 IOU, and the forgiveness of a bit over $1.5 million owed to Mr. Valentine's hedge fund, a Bermuda-based outfit called CALP II.
This basically left JagNotes with almost nothing of value, and certainly helps explain why the stock crashed from 25 cents to 12.5 cents the day the deal was announced.
But in May, Mr. Valentine reappeared with a deal that amounted to an about-face: an agreement to sell JagNotes.com back its 85 percent interest in JAGfn -- not for the $3 million or so he had paid for it in February, but for nearly eight times that amount, or $23 million in JagNotes.com convertible debentures. The deal has since been restructured with more favorable terms for JagNotes.com. On August 9, JagNotes.com agreed to buy back 79.7 percent of JagFN for $4.5 million in stock and convertible debentures.
The kicker: fine print in the transaction gives Mr. Valentine enough stock warrants, exercisable at 1 cent per share, to take majority control of JagNotes.com any time he wants. He can flood the market with stock that will crush the price for outsiders but certainly won't drive it below his exercise price.
In short, Mr. Valentine intends to get his money back one way or another, and whether they realize it or not, the people helping him do so will be JagNotes.com's outside shareholders. So, what else is there to say to any of them but, to paraphrase Warren Buffett: if you're in the game for 15 minutes and haven't yet figured out who the patsy is, then the patsy is you.
Christopher Byron is a syndicated radio commentator and writer, living in Connecticut. He also writes a weekly column for the New York Observer and a weekly column for MSNBC.com. Write to contrarian@redherring.com.
1997-2001 Red Herring Communications. All Rights Reserved.
http://www.redherring.com/index.asp?layout=story&channel=200...
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.55 new all time low
let's see if she closes under .60 today
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You want to use my bird photo?
I actually have my imfamous double bird photo which would be more appropriate for spammers. Let me dig it up. Can I post it?
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What? no link?
what type of cheap stock board place is this?
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where are janice shells early posts?
in the delete pile?
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mixing sites is bad mojo?
Ahem, I seem to remember seeing you on si, rb and ihub somewhat recently
I think all of those posts are acceptable except for the one about bop selling get rich quick schemes on the internet. That should have been in the parking lot but I'm not going there anymore after people from the parking lot started reposting those posts on yahoo on the stock boards. Posts in teh parking lot don't stay there. Only good hting about people reposting my parking lot posts is that they were then tos'd from yahoo.
Heck, if sara and bop can post off topic on astn posting about posting rules, I should be able to respond to them. Look at what my posts were replying to. They say I must post links to every word I post. Phone calls are not allowed as links. Then they post phone calls and that information isn't even l00% correct as per the ceo even. If you delete my ot replies to their ot posts which aren't deleted, it looks ridiculous like i'm not defending my posts at all. Either leave them all or delete them all. I think we should get rid of board rules. Just make all posts conform to standard tos.
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Exactly JXM
bop loves to run around claiming "victory" when he basically is just running away from debates that he's lost. He never admits a mistake and especially not a defeat, even on stupid little issues like me posting about lowest close ever vs new all time low.
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look at missing astn posts
they're still missing.
hypocrite, hypocritical, same thing, you know what I meant.
If you can get these people to stop attacking me, then I'll stop but you can't. If you can get these people to stick to the issues, then I will. I'm not going ot sit here and post about stocks, get all my hard researched posts deleted, then do nothing. That's what you want, so all the honest negative posters will just leave and let ihype continue to be ihype.
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matt, look at what I'm dealing with
look at the personal attacks all over the place, the slander, libel, misquoting my posts, making up fake quotes... You let them do this so I will defend myself. Notice I don't even get to post about stocks on these boards anymore as my hard researched posts get deleted. Why waste the effort. I post all that stuff on si, yahoo and rb
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you didn't do it initially
you are lying
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I can't call people hypocrites?
That doesn't seem right. It's just an adjective. If we can't use any adjectives with possible negative connotation or dennotation, how can we debate? I can't debate the issues here because of chairman, director attacking me personally and then deleting my posts. They are making up the rules as they go along and are applying them discriminatorily. Total bull.
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ihub is a jailhouse
for honest negative posters :-P
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wrong again, bop
you are interpreting what I said. You should have quoted me directly and posted a link to the actual post originally as per board rules.
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jxm demolished bop
I wasn't talking about me. You were just made to look like an idiot on astn as you don't understand basic stock concepts. You really should do research before you post about a losing penny stock and try to defend it. There's a reason it keeps hitting new all time lows and closing prices. It sucks.
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bop, that is a lie
"You clearly indicate that the numbers being reported to PHLX and subsequently being repeated here and on other message boards are deliberately falsified."
I never said this. This is slander.
Posters have been posting incorrect vwap numbers on the yahoo and rb board, numbers which have been reposted elsewhere. Sara doesn't even call philly, she just reposts other people's posts.
I also stated that the ceo has told us that some of the trades are lab work, test trades, not real, yet they're included in the numbers. We don't find out how many were real until the sec report comes out so the vwap numbers posted are not accurate.
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You did not demolish anyone
they most certainly demolished you. The concept does not work in the real world. The only people who want to be chairman are either very pro or very con. There are only a few just chairmen.
I noticed that a certain unnamed someone gets a little defensive every time that certain someone is made a fool of in relation to simple stock issues.
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.58 new all time low
getting worse
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sara, you posted about the topic before
on yahoo and rb. Now you say it doesn't even exist? fred stated on the FWF link here http://www.ashtontechgroup.com that he did lab work, test trades. It's also in the sec docs.
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Discriminatory enforcement of TOU and board rules
on teh ashton board. I can't post this over there as it gets deleted. Chairman, director can post anything they like, including personal attacks. I can only post things with direct links to online documents. They can post phone conversations and hearsay. Every time I bring up a point I have to link each and every single little point in my posts when I've posted the links in the past. I can't post anything. They are using riduclous rules to try and keep the negative truths off the boards. No wonder the only thing on ihub is a soap opera on sevu.
COB does not work in the real world.
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Go to last SEC report from here
http://www.yahoo.com go to finance go to symbol astn go to sec filings go to last sec report. I'm not a direct link retrieval specialist. I know you read it as we all talked about it on yahoo over and over again
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.60 new all time low
let's see what it closes at.
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joemoney, who's the tattle?
you guys follow me all over the web and if I ever mention ihub, you send that post to matt. sara sends any post in which I mention ihub to matt. She sends any post that I mention astn in to astn. She reports all of my posts, so do the other little stalkers. You guys tos any post of mine you can, hypocrite. I was told to report tos violations. That's why he put the new button there. It's not right that chairman can allow any tos violation they like then delete honest tos abiding psots if they feel like it.
Again, COB concept does not work in the real world.
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BOP, read the sec docs
astn themselves stated that soem of the trades are "lab work" with related "lab fees." There have also been odd almost impossible numbers in teh vwap figures released.
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Matt, so you don't care if....
a chairman makes a rule and never abides by it? On a stock board? Then all my posts can still be deleted and the chairman can post anything she likes. That's bull. This COB thing does not work in the real world.
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A question about TOS reporting
There is no place to state a reason why we believe there is a problem wtih the posts. For instance, on the ASTN board sara has a rule that ALL posts must have links to backup posts. Then she hypocritically makes posts without links. If I tos them, you won't have the feintist idea why they are tos violations. She also makes other posts which are links to some anon person's posts which could even just be herself. This is not a "real" link. That's like me posting "ashton is bankrupt" right here and then linking that in the asthon board. The links is meaningless.
How can I tell you why I believe a post to be a tos violation? You don't know the rules of every board or what a single post is replying to.
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evwap volume is all hearsay
yet you post it every day. There is no online link to philly exchange to prove it's real. There is no link to ashton site to prove that it is real. Ashton just calls up the philly exchange and reports "a" number to them. Someone then calls up philly and they post it on the board. Do you remember how many times fake numbers have been posted? Do you remember posting to fake links? We have to wait to see the sec docs to find out they're test trades or "lab work" as fred likes to say. This was jxm's point I believe. I must post links. You don't "have to" post links. You use the rule at your discretion which I believe is totally hypocritical.
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and your point is, sara?
.
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.68 was previous lowest closing price
see previous link or any historical chart
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any service can show you
just click historical quotes. I can't post a link to all closing sales since 1996. It's impossible. Here's a place to start. I know you know how to find historical quotes as you've posted historical before.
http://research1.stockwalk.com/stockwalk/Historical_Quotes.html?Button=NEW+REQUEST&template=hisq...
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It wasn't a new all time low
It was just a new all time closing low. It's been lower intraday before by a few pennies. Get ready for the .50's
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52 week range is not closing price range
it is the TOTAL range, intraday and end of day. I realize the stock has actually been lower. I've posted it before.
Hey, I just made sara post something negative
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Lowest closing price ever
.6498
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mc bride has violated 17b?
um, what about you, FG? Oh yeah, that's right. You live in a country which does not recognize US securities law. I did not mention the nation.
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McBride, Goelo
aren't you two guys a little concerned about the class action attorneys reading the boards (I know they are because two contacted me) and possibly the SEC reading the board? You know the sec views tony's reports. They are most certainly getting copies of all your posts where you both are accusing the other of mishky pishky securities fraud.
Is this for real or just some really wacky exit strategy? I keep going back and forth on this. Just two overly emotional egotistical guys working for a public company or still a team working together for some financial gain?
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90 plus 30 is minimum for delisting
astn has some good contacts and might get a little longer, at least a week or so I bet.
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bop, here goes
this is from memory. Obviously you're trying to catch me making a wrong statement. You aren't interested in their actual delisting dates. I'd have to check my exact posts and sec docs for specific dates. I'm finishing up an important appraisal for a monday trial and don't have the time to search.
umcc and tmot both got a 90 day warning letter that their stock had been under $1 for over 30 days. Their stock had been under much longer actually but nasd wasn't as picky way back then. They are pickier nowadays. After that they got their notification letter. That letter gave them another 30 days to get the stock price up, assets up...comply. umcc and tmot both appealed. Umcc was delisted to the day after the 30 day letter I believe. Tmot was delisted to that date also I believe. Please check sec docs for exact dates.
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delisting timetables
tmot and umcc appealed their delistings. umcc was still delisted to the day nasdaq said they would delist. tmot got a week or so extra while they appealed. umcc was delisted for share price and not having 500K in net profits for the previous 12 months. tmot was delisted for share price and I think net assets. Would have to check sec docs for tmot.
ddrx got their notice of delisting and did a reverse split and someone invested equity into the company. nasd did not delist them and sent them a letter they were in full compliance of nasd regulations. umcc and tmot are bk. ddrx is trying to recover. ddrx is Diedrich's Coffee the number two coffee ocmpany to Starbucks.
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Just say NO to stock fraud!