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BV: I'm going on vacation next week...probably won't be around a computer to check this board....(yeah, I know, some will say "Good!!")...but what am I going to do for cheap laughs?
Why do another r/s. when they are doen to between 200,000 and maybe 500,000 shares.....unless they want it to be a closely held corp., but then, why be public?
Rock:
Thank you very much for that post. I'm looking at ALSC for the divvy play, but I also own PTEL, which is going to pay a stock divvy in the next couple of weeks...I've been in PTEL for more than the 60 days holding that is required.
AAAhhhhhhh....nothing like a cold beer after work when it's 95 degrees outside!!!
OT:
For those interested, Alliance Semiconductor (ALSC - pink) today declared a special dividend of $3.75 per share. Record date is July 6, 2007; pay date is July 17, 2007.
It closed today at $4.94.
May It Please the Court:
Your Honor, after re-reading the posts from BV and the post from Bob, to which I was responding, I express my opinion forthwith.
1) The question as posed by BV, "why was the Medify site shut down? Is there any MDFY development on going? " was only partly answered by Petel. Petel answered that the Medify [web] site was transferred to another host [server] because the previous host - in this case, Oceandrift - "have a policy of not dealing with adult industry related companies." The clear (to me) inference was to Petel's adult business, not Medify.
BV's second question regarding ongoing Medify development was, unfortunately, not addressed in Petel's response. The next part of the response "...Whilst development work continues it is not vital to the business to have the site live." tells us that the Medify site won't be up anytime soon - this makes me want to know more of what is going on with Medify behind-the-scenes. As to whether or not we will soon hear, time will tell. I hope we do hear something.
My response was directed to Capt. Bob's post, where he mused about the effects of Medify being part of Petel as that union affects Medify's relations with its other partners. I think Bob's concerns are valid, and several people raised that spectre back in mid-May. I said then that I thought that Medify, as far as we then were made to understand, had several contracts already, with companies such as Oracle, TPP, Vodaphone, CSC and (ahem) EMIS that should not be affected by the new relationship with Petel.
That the website server host pulled the plug, if pursuant to an existing policy, may be understandable from their business point of view.
Lem raises an interesting question (see post 24126) about Medify being hooked into the N3 spine run by the NHS. However, I would point out that Medify's public website isn't part of their N3 spine network,...I wouldn't think the the NHS would be provided server space for a participating company to run its own commercial website that was not integral to the use of the N3 spine.
What makes Lem's post really interesting regarding Oceandrift is the lack of any educational institutions advertised as their clients. However, we are not privy to Oceandrift's client list, so we don't know who their clients are and who they are not. Nor are we privy to their business decisions, so I think to question Oceandrift's motives may be an exercise in futility. I make reference here to that time-honored query of relevance - "So what!". What difference do their motives make to us? They have apparently made a business decision, for good or ill to them. If they think Medify and sex are too closely related, then they can do, within the bounds of the contracts they have, what they want. I think Medify's business is so far different from Petel's core of adult entertainment that there should be no spillover effect....but obviously, there is.
The bright side, however, is this gives Petel another direction as far as vertical integration: start their own web-hosting business catering to adult sites and streaming video capabilities.
Thank you, your Honor, for your attention. I'll be happy to address any questions.......Oh, there are none? Very Well. Thank you.
P.S. BV, I enjoyed your post and found it.....DAMN, there's a fricking bug on my keyboard...678kguk766%&*&$^&KKLLLLLLLLL...Got 'im!
Bob:
I read the response to be that Petel ran into a problem with it's web host; Petel's problem was that the site hosting company, Oceandrift, had a problem with hosting an adult site because many of its other clients are schools.....it doesn't have anything to do with Medify per se
We needed to move the site to another
server as the previous hosts have a policy of not dealing with adult
industry related companies. They have several school customers and do
not wish to jeopardise that income. We appreciate their honesty and
wish them all the best.
OT:
Lem, how about NLUB? It's a lubricants stock...I saw it from DFLY on his Dragonfly board. It closed at .0024 on Friday, gapped up this morning and has settled back a little...I got in at .0024.
Happy Father's Day, Bob! Enjoy them.
Dog: One last post from me tonight...gonna spend time w/ my 4 kids tomorrow, just hanging out with them.....
I'm not sure why you have included me while painting with your broad brush...while I don't always agree with you, I don't believe I've ever called you, or anyone else here, any names. So I'm not really sure why you feel I owe you an apology - Lord knows that I have extended an apology where I felt it was appropriate. I would prefer to avoid adding to the vitriol; like a moth drawn to a flame, I'm drawn to this board (and BHUB)because of the interplay of personalities, questions, and answers. (And, to be truthful, I guess part of what gets me to read all of the posts is being able to read the conflicts between members, although the BHUB board has really been outdoing PTEL in the spewing department, and that for a stock that doesn't even trade!) And I've tried to glean knowledge from you as well, especially regarding reading charts, and I think I'm starting to learn a little, so your contributions, in my view, are more than welcome.
I think there has been a tremendous amount of frustration generated this week...the pps has steadily diminished...........Spartan appears to be doing...NOTHING, which has ME really pissed off, after I've tried to find out what exactly Spartan is supposed to be doing for PTEL...........and a2a looks like a possible waste of stock. As to that, I would hope that there are big, profitable contracts in the works for a2a to give it some meat.
I also think that real revenues for May would help mightily....and I have asked for that. Perhaps, also, what we have been seeing is some of the directors selling their 1.38 million shares in the 90 day period. I would hope not - I'd hope that Ian and Nik and David and Phil have more confidence in this business that share-dumping would imply, if that has been the case...but I don't know. Hopefully, next week will be a better week
Congrats on your profiting...I suspect that you have successfully traveled through pinkyland better than many here, and that is to your credit. Happy Fathers Day.
GLTY. GLTA.
Excellent post, Solid.
While I may disagree with some here, from time to time, I have ALWAYS been willing to read and learn...those questions I have asked of other board members have been helpfully answered, so I have been able to continue to learn.
I would like to continue that evolution of my investing knowledge, and to those who have offered suggestions and tips, I thank you. I haven't always followed the advice (Lem and Bhub spring to mind - he tried to ward me!) but I appreciate all nonetheless.
Happy Father's Day. GLTA
I haven't, but I don't see where that can be helpful at all....this stock does not need dilution just to have a reverse split a few weeks/months later.
What will propel this stock and company is news of drilling success or a buyout from a bigger played that wants the Alaska leases.....jmho.
Okay, enough with the personal FLAMES!
Too bad we don't have a time out corner - you guys are worse than my little kids with the whining and bitching....I'd rather learn more about a2a.
LEM - thanks for the links - unfortunately, one of them was a subscription so I couldn't read the info.
How about some DD about a2a and ideas on how PTEL can utilize a2a to further expand the business and diversify and increase revenues.
Speaking of which, it would be really nice if we could get some preliminary revenue figures....a2a as a going concern needs some help, that's why the deal with PTEL....the way I look at it, there must be something in the works to justify a combination like this with a company whose stock is rarely traded and whose chief just got pushed out the door.
I'm sick and tired of the bitching. If you want to make $$, then either sell on news or hold long. We are all big boys and girls - take the personal attacks outside to the parking lot.....Even Turp left on a civil note.....gotta respect that!
Can you explain to me the difference between .75 GBP and .75 pence?
I'll fill that gap - The Cavs can't touch the Spurs (not this year, anyway!!)
Thanks. I just sent him an email asking for info on what Spartan brings to the table and how they will help PTEL, as well as the expected time frame for doing so.
Will advise when I receive a response.
Microcap now .017 x .019 (Brge x Nite)
Microcap now .017 x .019 (Brge x Nite)
I just checked L2 - Spartan is nowhere to be seen....
Do they need to do additional paperwork after the 211 application is approved? Perhaps that is why we haven't seen them.
I'm seeing .0165 x .019 from the MicrocapFeed L2
SBSH on the bid, Nite on the ask - its 8:53 am EDT
Would you prefer to sell the shares you had THEN at $8.00, or to sell the shares you have NOW at $5.00?
Me? I'd take now at $5.00 in a heartbeat!
I finally hit the green, too. Now the question is "How long can we hold or advance this position!!
GO SLON!!!
Thanks.
I thought they were supposed to get started either yesterday or today...it's almost 13:30 EDT, and MICA is nowhere to be seen.
Perhaps they are waiting for the acquisition target announcement.
If MCII is Spartan, then Spartan is a no-show.....
Where, oh where has our own MM gone........
Oh, where, oh where can it beeeeeeeeeee!
Is it hiding in fear of a deal it can make,
Oh where, oh where can it beeeeeeeeeeeeeeeeeeeeeee!
Etrade is on the ask at $5.00!!
Who couldn't LOVE that!! LOL!!
I just got an email from Bank of America, saying I'd only get 1 share, after having purchased 550 sh of SWNE.
I called the investment services, who again called THEIR T/A, who confirmed I'd get 500 sh of MCII.
Although they said they can't send me an email confirming this, they can, and will, have their reorg dept. send me a letter quoting the T/A and confirming I'll get the 500 shares of MCII.
I guess I'll be checking the mail in a few days!!
what's his symbol/abbr.? I understood that Spartan was supposed to start either today or tomorrow.....
WTF??? .27? Any ideas on what's going on? Rinky-dinky transactions of 185 shares, 900 shares, 108 shares, 375 shares, 700 shares.....
....is the the other MMs screwing with us?
Just jumped in w/ 12,000 at .05 dip...GO, GO, GO!!!!!
For L2 perusal, what is Spartan's abbreviation?
OMFG!!!
Okay, I've been out for a while...but it's 10:30 p.m.EDT and the pic I saw was the girl in the boots and either a cabbie hat or a policeman's hat, body all slicked up w/ oil so her skin glistens. From the reactions in the other posts, this is NOT what you all are looking at. What did I miss? Or should I just count my blessings that I missed it, whatever, or whoever, it was........
What will it mean to the longtimers with Spartan on board?
I know the pinksheet listing goes to "solicited", although I don't fully comprehend the importance of that in attracting investors.
But, what does it mean to us, or any PTEL shareholder, that Spartan has a 30 day exclusive....is that exclusive to fill buys and take sells? Better matching of trades so that a dinky 100 sh. sell at the bid won't drag the price down when there is a 3 point gap?
I know we have been looking forward to the 211 approval for a long time......thanks for the help.
It also means that we have our own MM, Spartan, working FOR us to raise the pps!
Guys, don't you remember that the 1:1 deal isn't supposed to close, as far as the stock divvy is concerned, until the first week of JULY.
So, there is time to set up accounts and transfer funds.
Capt., have you not read the share distribution posts, the SEC rules regarding "control persons".......
Since when did JB get 138 Million shares? Never. And if he did, what about the rest of us?
The total o/s is 138 Million. And JB can only sell up to 1% of the o/s from his own stash every 90 days because he is a "control person" per the SEC.
The newbies are having a hard enough time. Don't confuse them with false information and false analysis.
And by the way, where is your information that JB has 138 million shares of Medify? Last time I saw, he had 33 million, which changed from MDFY to PTEL. Sheeesh.
BV:
Thanks for your PM. I would respond that way, but I only have a free account.
Suffice it to say that, while I understand where you are coming from, I don't share your viewpoint fully on that issue. But I do take most every public post with a grain (or two or more) of salt.
You know, I think we get your point.
Enough, already. Move on. It's still not July 1.
I sent a question to PTEL asking for a clarification of duties of management.....JB has given lots of information and I was confused about 1) his status, and 2) stock sales. Here is the answer:
Dear Sir
In response to your question, please find the answers below.
The board of Petel is: David Morton, (CEO), Philip Evans, (COO), Angela Morton (Non-Exec).
Mr Jonathan Bryant is a shareholder and in no way employed in any position within Petel Incorporated. As Mr. Bryant is a holder of more than 10% of the outstanding shares he is automatically designated a Control Person by Pink Sheets. He has no control or input into the company but must file a Form 144 if he wishes to sell any stock. A Control person is any person who owns more than 10% of the outstanding stock or is an officer of the company.
Any control person is limited in the amount of Company stock they are able to trade in any 90 day period. A control person may not, by law, sell in excess of 1% of the outstanding shares in the Company for each 90 day period. In this instance that would equate to 1.38M shares for each control person. This is the maximum that any control person is permitted to sell in the period.
As 138M shares constitute the entire outstanding share structure for Petel it is plainly obvious that no-one individual (including Mr Bryant) holds 138M shares in the Company.
We hope this clarifies matters for you.
Regards
Investor Relations
Petel Incorporated
EDIT: I mispelled PTEL, above, so I corrected it. /s/ pick
GL4M - we are talking about 2 different transactions.
#1 - Company on a UK exchange is becoming a PTEL subdivision, with an exchange of shares on a 1:1 basis, effective 1st week of July. Target name as yet undisclosed, but the strike price will be .75 Pounds, which is about $1.50 US.
#2 - Medify will be spun off in a deal with another company, perhaps TPP, that will make Medify an independent company. Again, we will get shares 1:1. Apparently, this is not a done deal, but is being negotiated.
Finally, as for whether or not you can trade the foreign shares, check with your broker to see if they can deal with ADRs. If so, you can trade where you are, although, as I understand it, the transaction costs may be higher.