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No mention of when or how that will be accomplished. Could be 6 months or 5 years from now and maybe by Reverse Split. Typical Peacock FLUFFY BS announcement with no meat.
Yeah...... well over 4.9 BILLION shares to sell!!!!!
"I still believe this company has something"
Try this for Peacock....
JAVELIN ADVISORY GROUP, INC.
29970 Technology Drive
Suite 203
Murrieta, California 92563
Phone: 951-677-6735
Fax: 951-677-6573
Email: info@javelinadvisory.com
bugsy.....
EVERY single stock play that Peacock has been involved in has wound up the very same way...... Death Spiral CD Financing, MASSIVE dilution, reverse splits, etc, with the stock ending up in a worthless stock price. GGII will be NO EXCEPTION!!!!
Today's GGII VWAP was $0.0142748.
Again, as there were no trades... today's AVEW VWAP was $0.0000000.
That's 7 out of the last 10 days with no trades.
The carbon credit thingy has turned out to be a disaster in Europe. It will not be any better here and you had better hope that carbon tax regulation is NOT passed by our stupid Congress.
Again, as there were no trades... today's AVEW VWAP was $0.0000000.
That's 6 out of the last 9 days with no trades.
Today's GGII VWAP was $0.0176258.
It was taken directly from the company's last 10-Q filing....... before Peacock elected that GGII was to be a non-filer. (easier to hide stuff)
And here's what is also coming....
"Our operations have relied almost entirely on external financing to fund our operations. Such financing has historically come from a combination of borrowings and from the sale of common stock and assets to third parties. We will need to raise additional capital to fund our anticipated operating expenses and future expansion. Among other things, external financing will be required to cover our operating costs. We cannot assure you that financing whether from external sources or related parties will be available if needed or on favorable terms. The sale of our common stock to raise capital may cause dilution to our existing shareholders. Our inability to obtain adequate financing will result in the need to curtail business operations. Any of these events would be materially harmful to our business and may result in a lower stock price."
History is repeating itself.
Obviously Peacock (GGII) is paying this PUMP SITE with only one purpose in mind.......... to sell shares. Massive dilution is coming, the tried and proven Peacock way!!!!!!
GGII — Green Globe International, Inc. OTCA is expecting $20,000 from GGII.
You can rest assured that if these PAID PROMOTIONS are real, then Peacock will be DUMPING a whole lot of GGII Treasury Shares.
Massive dilution may be on the way (the Peacock way).
Been hearing this same drivel for at least 3 months and all that has happened with GGII is a head-and-shoulders top followed by a huge drop in share price.
wickw50....
And here's from a PR dated 1 June, 2009 which basically says what Peacock will do with the company Treasury Shares...
Green Globe International, Inc. Announces New Stock Trading
Symbol: GGII Issued Monday, June 1, 9:34 am ET MURRIETA, CA--(PR NEWSWIRE)--June 1, 2009--
Green Globe International, Inc. (Other OTC: GGII), the worldwide owner of the Green Globe brand, has been assigned a new stock symbol and, effective at the market open today, will trade as GGII. The company previously traded under the symbol GGLB.
Also effective at the open of trading today is a one-for-two thousand reverse split of the company’s common stock. The restructure the company’s common stock was initiated by the Board of Directors for the purpose of facilitating the continued expansion of the Green Globe program and brand in international markets. Management has stated that the restructure was designed to allow the company to attract a wider variety of investors and to make use of additional financing options that are designed to bring necessary resources into the company while minimizing dilution for holders of the company’s common stock.
Peacock has used almost identical language when doing Reverse Splits with ALL the other companies he has ever been associated with.... then followed by MASSIVE dilution.
buyittradeit...
You forgot the most important part of the Rule 144 stuff (from the link you provided)....
"What Are Restricted and Control Securities?
Restricted securities are securities acquired in unregistered, private sales from the issuer or from an affiliate of the issuer. Investors typically receive restricted securities through private placement offerings, Regulation D offerings, employee stock benefit plans, as compensation for professional services, or in exchange for providing "seed money" or start-up capital to the company. Rule 144(a)(3) identifies what sales produce restricted securities.
Control securities are those held by an affiliate of the issuing company. An affiliate is a person, such as a director or large shareholder, in a relationship of control with the issuer. Control means the power to direct the management and policies of the company in question, whether through the ownership of voting securities, by contract, or otherwise. If you buy securities from a controlling person or "affiliate," you take restricted securities, even if they were not restricted in the affiliate's hands.
If you acquire restricted securities, you almost always will receive a certificate stamped with a "restricted" legend. The legend indicates that the securities may not be resold in the marketplace unless they are registered with the SEC or are exempt from the registration requirements. The certificates of control securities are usually not stamped with a legend."
This Rule DOES NOT apply to company Treasury Shares being sold by the company DIRECTLY into the public market (think dump) as Peacock, as CEO can do at ANY time, for ANY reason, in ANY amount.
mkt_screwed....
"an affiliate cannot sell more than 1% of the total O/S in any 90 day period. Peacock must fill out a Grid 144"
Peacock DOES NOT have to fill out a 144 to sell company (GGII) Treasury Shares and the 1% rule DOES NOT APPLY as an there is no 'affiliate' involved.... just the CEO selling company Treasury Shares to obtain corporate funds for whatever purpose whenever he wants to.... at ANY TIME.
And Peacock has over 4.9 BILLION shares at his disposal.
Today's AVEW VWAP was $0.0027272
Again, as there were no trades... today's AVEW VWAP was $0.0000000.
That's 5 out of the last 7 days with no trades.
There does NOT have to be 144 selling for Peacock to dispose of GGII Treasury Shares.....;. and there are at least 4.9 BILLION of them.
"Peacock can't just sell A/S stock. It's not possible.
WRONG AGAIN mkt_screwed!!!
Peacock, as CEO of GGII, can sell (think dump) GGII Treasury Shares ANY time he wants to for ANY purpose up to the AS limit.
Here's a way to do it....
http://en.wikipedia.org/wiki/Death_spiral_financing
"about to break out of this cheap range ...very soon..."
We've been hearing this same BS for well over a month now ---- and nothing has happened but lower share price
Today's AVEW VWAP was $0.0032000 the result of one $48 trade at the ask.
Wonder if UNI-CON has paid this $155,000 note back yet. If not, it's 46 days in default and accumulated late interest is now $25,300.
Looks like Rocco Trotta is quite the 'businessman'
http://www.sec.gov/Archives/edgar/data/1110737/000102317510000176/trottaroccopromissarynote_eq.htm
http://www.sec.gov/Archives/edgar/data/1110737/000102317510000176/trottaroccosecurityagreement.htm
Again, as there were no trades... today's AVEW VWAP was $0.0000000.
That's 4 out of the last 5 days with no trades.
Peacock does NOT have to submit Edgar filings to sell company treasury shares --- of which he has control of over 4.9 BILLION
Probably more shares than you think!!!!
Please provide a link showing this statement to be true....
"Green Globe has exercised the option to acquire a portion of the Village Green stock."
That otcmarkets filing is really a quite meaningless filing. The ONLY ones that really count are SEC filings where whatever they state they do so under penalty of perjury.
They can say almost anything in those otcmarkets filings and get away with it.
whateva77.... AVEW has not filed a Quarterly Report, 10-Q, since 11-14-08, or an Annual 10-K since 9-24-08.
In fact, they filed a Form 15-15D on 3-19-2010 "to terminate or suspend the duty to file reports."
http://www.sec.gov/cgi-bin/browse-edgar?company=actionview+international&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany
teaks1185....
The company hasn't PR'ed that it has even started yet!!!
Maybe a year or so is most likely.... if at all.
FLORIDAGRL...
And the players in GGII are also VERY much on-topic, especially Peacock who is the CEO of GGII.
I could also start on Andrew Ethan Beyer of Gemini Financial Communications, GGII's PR guy, also if you would like.
big k...
Peacock used this scheme NUMEROUS times with other companies he was involved in and the total of the CD's involved was well in excess of $2 mil.
A shady financier would jump at the chance to get a 5X to 10X return in less than a year.
Most all of Peacock's favorites are based in the Turks and Caicos and included Kenton Limited Corp, Reef Holdings LTD, Umbrella Holdings, Outboard Investments LTD, Blue Marble Investments and others. He also used Compass Capital Group but they got hung out to dry by the SEC in 2008 for Securities Fraud so that lets them out.
This was in response to big k's response ....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51971574
to my earlier post...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51967735
but big k.... there are other ways that Peacock could get the money other than 504's.... his tried and true way.... short term Convertible Debentures with one of his MANY Turks and Caicos friends.
As with practically all Peacock plays, this is how he got gobs of funds. Then the company defaults on the CD's, gets sued in a Florida Court, settles the suit for 8-14 cents on the dollar in free trading shares which are then immediately dumped into the market. And I can give you NUMEROUS examples of this.
Typical Death Spiral Financing. This is Peacock's Modus Operendi.
big k.....
Being as you think Buyins.net is a much better site to determine short positions in any stock, especially GGII, I think you might be interested in this (then again maybe not).... (and it is on-topic)
Interesting recent article in Sharesleuth, describing a cellular company's ties with a variety of shady characters--including a barred broker who has built a business catering to companies that use "naked short selling" to divert attention from their own wrongdoing.
The company at issue is called Lenco Mobile, and the site describes how the company is hooked up with a "recidivist SEC offender" named Michael Crow, and also is tied in with an odious character named Thomas C. Ronk.
Ronk is a regular on the naked shorting conspiracy carnival circuit:
Ronk operates several investment web sites, including BuyIns.net, which purport to identify companies whose stocks have been targeted by illegal "naked shorting'' and are poised for price jumps.
He also is partners with former SEC Chairman Harvey L. Pitt in RegSho.com, a site created to help short sellers locate shares to borrow so that they can remain in compliance with market rules.
Dealbreaker had an item a while back on Pitt's involvement in that creepy outfit, and how it constituted a conflict of interest. Pitt, arguably the worst SEC chairman in recent history, resigned in disgrace in 2002 after doing such a bad job that he just couldn't go on.
It's not news that Ronk has a regulatory history a mile long, or that he is in the business of helping crappy penny stock companies lure investors--as I described in this item in 2007--but Sharesleuth provides an interesting description of Ronk's pedigree.
Ronk was a stock broker in Southern California before running afoul of regulators.
In 1999, he was fined $50,000 and suspended for 30 days by the NASD. Without admitting or denying the allegations against him, Ronk consented to the entry of findings that he participated in private securities transactions without providing prior written notification to his firm, describing the proposed deals or his role in them.
Ronk's securities registration was later revoked for failure to pay the fine.
Ronk now is proprietor of several web sites, including BuyIns.net and SqueezeTrigger.com, that purport to identify stocks that have been the subject of heavy shorting and are poised to rise in price as traders cover their positions.
Ronk has been one of the most vocal proponents of a theory that a shadowy network of hedge funds and other investors have been driving down the stock prices of U.S. companies through so-called "naked shorting'' of their shares.
Two of the companies that complained most loudly about the issue - Universal Express Inc. and Pegasus Wireless Corp. - later became the subject of SEC cases alleging that they improperly dumped vast amounts of stock on the market, undercutting their own share prices.
True, but Ronk is even more closely tied in to stock scams than that. His Buyins.net suckers in hapless small investors looking for "short squeezes" in crappy penny stocks, including the Utah pump-and-dump Cyberkey Solutions, whose CEO, James E. Plant, was indicted for lying to the SEC about a pump and dump scheme involving his company. He pleaded guilty and was sentenced to 97 months in prison for promoting his bogus "homeland security" company, witness tampering and obstructing the SEC probe. (What's interesting about the latter charge is that he obstructed the SEC investigation far less blatantly than some other people I know.)
In this 2006 press release from Cyberkey, the now-imprisoned Plant uses Buyins.net "short squeeze" data in an effort to lure in more suckers. It's yet another indication of how the naked shorting conspiracy types provide a ready-made excuse for stock manipulators, or (as in the case of CEOs like Richard Altomare of Universal Express and Patrick Byrne of Overstock.com) are themselves cooking the books or otherwise ripping off shareholders.
Now, the one fly in the ointment here is that, as I've pointed out previously, Sharesleuth is financed by trading profits from shorting stocks mentioned in its articles. Such arrangements cross ethical boundaries. However, according to a disclosure in the article, "No one associated with Sharesleuth has any investment position, short or long, in Lenco Mobile."
Great. So why not make that a rule? My suggestion to Mark Cuban, who owns Sharesleuth, is that he drop this "profiting from shorting" stuff and figure out another way of financing the site. More frequent items would be nice, and, of course, exposing the naked shorting crooks on a regular basis would certainly put his website on the side of the angels.
Cuban is involved in an insider trading case (dismissed but still being pushed by the SEC) that is increasingly appearing to be a waste of SEC resources. If he removes the "legal insider trading" aspect from Sharesleuth -- and continues to crank out good stories like this one -- he's going to get a lot more public support.
UPDATE: A reader brings to my attention that Ronk used to work for the L.T. Lawrence chop house, one of the most notorious fraud factories of the 1990s, belatedly shuttered by the NASD in 2000. Lawrence was one of the numerous employers of Louis Pasciuto, the subject of my book Born to Steal.
It's not clear from the filings whether Cyberkey paid Ronk for its "research" (nondisclosure, of course, would be spitting on the sidewalk compared to the companies other crimes). Overstock.com paid him $18,910 in 2007, and other crummy little companies also pay him handsome "data fees."
big k....
And just where do you think Peacock is going to get the money to accomplish this this???????
"The agreement also includes an option through the end of the calendar year under which Green Globe International would have the right to acquire up to $2,000,000 of Village Green's common stock."
Big k...
You're putting words in my mouth...."According to you hes dumping them so they are in the market right....."
I have NEVER once said that 'he' (Peacock) is dumping all of the unissued shares. What I have said is Peacock CAN issue (think dump) ANY amount of shares (up to the AS limit) at ANY time for ANY purpose.
big k...
Just to correct a statement you made referring to the shares.... "Since you made the statement he can create them anytime he wants..." First I NEVER said he could create them.
The 5 BILLION shares are Authorized Shares and have already been 'created' when the Articles of Incorporation were amended.
Outstanding, or, Issued Shares are those in the market. The remainder, the difference between Authorized Shares and Outstanding Shares, are deemed Corporate Treasury Shares and it is these Treasury Shares that Peacock has total control over in his position as CEO, and, can issue any or all of them at any time, for any purpose.
And as far as knowing what the 'true' Outstanding sharecount is, good luck on that one as the Transfer Agent is GAGGED.
They didn't file a 10-K last year either.
The last 10-Q that was filed was on 11-14-08.
That was followed by a NT-10-K on 3-31-09.
Sure looks like AVEW is VERY delinquent in their filings.