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Fidz am I right in thinking that the CEO of BMGP said that we were to get "shares" in the chinese biofuels spin-off kinda like a special dividend? So each BMGP share would get so many shares of the new company?
Thanks,
Red
Happy New Year !!!
Starting around the globe ... Hong Kong 12 midnight !!!
Happy New Year !!!
Starting around the globe ... Hong Kong 12 midnight !!!
Maybe it is lucky for KATx that they have BIG shareholders who hail from the " Valley of Gold" ... fate has a way of rewarding intelligent speculation.
This is going to be a special year for KBLB !
Spider silk fabric production, exclusive deals and big time notoriety while perfecting GEN2 and moving on to GEN3.
Git 'er dun Kim and Dr. Fraser !!!
Best to all,
Red
Where's Pauldo? Sent him an e-mail, never returned. At least his father returned a second e-mail.
It would be nice to get a full update regarding all projects the first week of January, 2011.
Happy New Year's everybody,
Best to all,
Red
Heck at this point CPV offered .12 I'll sell 'em mine for .10 and call it a day and happy New Year! ;~)
Ray, please get us to NASDAQ or NYSE ...
EOM
All the best,
Red
Check this link about Chinese companies coming to US markets via a US Shell.
http://www.reuters.com/article/idUSTRE63E4TW20100415
Like I said if this CPV deal is a big headfake there are some Chinese biofuels operations that may be interested in RNWF. They have Big Time diesel shortages in China right now.
Hoping for the CPV deal though ...
All the best,
Red
That's my opinion but I'm trying to think like Lin Xiangfeng, Chief Executive Officer and owner of this company.
Basic question?
How do I GROW my company and make myself rich and powerful?
Answer:
Bring my company's (SKY Digital Stores Corp) goods and services to a growing domestic and world market through a trusted US stock exchange and reward investors with superior products and market performance, right?
This is interesting to me ... so I'm going to stay in and see what transpires.
Red
IMHO Lin Xiangfeng is going to insert some big equity into the company and therefore he is reducing the amount of shares owned by current shareholders (outsiders). I would think that management have plans for private placements with investors at a controlled price level that is beneficial to up uplisting SKY Digital Stores Corp. to the NASDAQ or NYSE. Obviously this is speculation and my opinion.
I have 200K so I'm gonna stay in and see how this plays out. After the R/S I will have 1000 shares. I believe new management plans to push the price of the new shares into the multiple dollars range. IMO.
Lin Xiangfeng is the Chief Executive Officer, Chief Financial Officer, Secretary and Chairman of the Board of Directors of Yellowcake Mining Inc. http://www.donxon.com/about.asp
YCKM recently announced an issuance of controlling interest of 52 million shares to Lin Xiangfeng, CEO of Shenzhen Eastern Mobile Communication Technology Co. YCKM is currently a shell company, and the only thing good with a shell company is to add a solid business to gain access to the US market.
Shenzhen Donxon Mobile >500 employees.
This is the basis for the previous speculation of a reverse merger with Shenzhen Donxon Mobile.
Mr. Lin Xiangfeng, Chief Executive Officer, received his bachelor degree from Fuzhou University majoring in Business Administration and got his EMBA from Xiamen University. Mr. Lin founded Shenzhen Nan Kai Shi Ye Company Limited in April 2003. The company changed its name in 2008 and is currently known as Shenzhen Dong Sen Mobile Communication Technology Company Limited. Mr. Lin is currently serving as the Chairman of the company.
http://www.implu.com/releases/2010/20101206/47784/implu_viewer
8K new Address and phone# for YCKM:
YELLOWCAKE MINING INC #1801 Building B, Hai Song Da Sha Che Gong Miao, Fu Tian Qu Shenzen, China 518041 (Address of principal executive offices) (Zip code) 86 755 82718088
Best to all,
Red
I'm just thankful to be able to sleep at night. No more worries about losing the concession, bad seismic, toxic financing. lack of partners or social unrest in Guinea. It seems that the good Lord has finally righted the situation.
>> As a result of the reverse split, the number of shares of Common Stock issued and outstanding will decrease from 115,335,576 to approximately 576,677. Since additional fractional shares may be issued in order to round up fractional shares, we do not know the exact number of New Shares that will be outstanding after the reverse split. <<
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58112198
Assuming we have 200 investors and we have to issue 99 shares per investor to create 100 for each then that will add 19800 to the total. 576,677 + 19800 = 596,477 That's a really small float and any additional investment is going to bring us a nice sized post R/S share price.
This is a nice case study to learn for future investments !
That is why I hope they are careful and concise in their investigations and reporting. This RE discovery could make the company. They don't need to rush the process or put out any fluff PR's, just do it right the first time, the valuations will follow; screw-ups are costly.
Don't worry about me champ, this spec looks good to me at .031 with gold and RE's in their claims. Vale looking at a possible JV opportunity doesn't hurt either. I can wait for the results, no hurry here I'm holding.
I'm gonna have a great 2011 ... HDY, KBLB, BMGP and KATX are going to surprise. Solid business opportunities not just flippin'.
Red
KAT Exploration Inc. Drills Rare Earth Elements (REE's) at Rusty Ridge
So tell me why this hasn't attracted buyers with all the attention that RE's are getting this week? There is noting bad in this PR ... I'm new to this company this week and I'm fired up about this ... the price is down but what potential !!!
KAT Exploration Inc. (PINKSHEETS: KATX) is pleased to inform its shareholders and the investment community that partial analytical results have been received from two diamond drill holes completed at its 100% owned Rusty Ridge property. Drilling tested two separate target areas: a deep coincident gravity and magnetics anomaly in drill hole RR10-01 and Rare Earth Element (REE) plus gold potential within altered peralkaline felsic volcanic rocks in RR10-02.
Hole RR10-02 intersected variably altered and mineralized peralkaline felsic volcanic rocks throughout the upper 245 meters of the 344 meter long hole. Initial ICP analytical results indicated elevated lanthanum and cerium through several sections; these, along with other selected sections of the drill hole were sent for a complete suite of rare earth and associated elements. Results have been received for the upper section of the drill hole from 30 to 40.1m. The analyses indicate a 7.5m interval from 30.0 to 37.5m having elevated rare earth elements and zircon, returning a weighted average of 0.164% TREO (including yttrium) consisting of 0.113% LREO and 0.051% HREO (including yttrium). The results also returned 0.268% zirconium dioxide, 0.039% Nb2O5 (niobium oxide) and 0.022% rubidium. A table showing all analyses will be posted to our website in the near future. Additional samples are being analyzed for the rare earth and associated elements from other deeper sections of the hole and will be reported when received.
Hole RR10-01, approximately 500 meters south of RR10-02, was drilled to a depth of 719.3 meters to test a coincident gravity and magnetics anomaly. The hole intersected mafic volcanic rocks, conglomerates and mafic intrusive rocks that contain indications of sub-economic copper mineralization throughout most of the drill hole (including native copper and chalcopyrite). The conglomerate unit is also strongly hematite altered, which could explain the gravity anomaly. The upper part of the magnetics geophysical anomaly is coincident with a thick magnetic mafic dyke.
Ken Stead, President/CEO, states: "We are very encouraged by the presence of rare earth element rich rocks at Rusty Ridge and are eagerly awaiting the next batch of assays to find out just how consistent REE are at depth and if the grades improve. While there is much work yet to be carried out to determine the significance of this discovery, we feel we are in the very early stages of a most interesting project."
The property will be re-examined in light of potential for additional rare earth element mineralization. Further testing of the main Rusty Ridge zone as well as other targets including strong IP (Induced Polarization) anomalies, some of which are coincident with gravity anomalies, will be considered.
The property is located near roads, seaports and power infrastructure, improving the economics of any mineral deposits found.
Rare earth elements reported were analyzed by Acme Labs in Vancouver using their Group 4B analytical method, which produces accurate analyses of the rare earth and associated elements.
The Company's exploration work on the Rusty Ridge Project is supervised by Barry A. Sparkes, B.Sc. (Hons.), P.Geo. and J. Wayne Pickett, M.Sc. P.Geo., both members in good standing of the Professional Engineers and Geoscientists of Newfoundland and Labrador. Mr. Sparkes and Mr. Pickett have verified that the results presented above have been accurately summarized from the official assay certificates provided to the Company.
CNBC reports that the Japanese are desperately looking for RE's outside of China ... hey I know a small Canadian company that is Looking GOOD !!
git 'er dun Ken !!
Red
I have a lot more DD to perform to get fully up to speed on this company. I was looking for end-of-year opportunities and I came across KATX in my research and decided to pick up 200K for now. Again, the stock dropped 50%+ because of a misinterpreted PR from the company. But my word folks they've IDed rare earth minerals and a possible hematite deposit. Vale is big into iron and they could JV on that alone.
So I see nothing but good things in the short run at least a return to the .07 - .08 area once we get a few weeks into the New Year. Nothing wrong with getting in a little early on a commodities play such as this. Copper, gold and silver are strong as well the RE is icing on the cake for this stock.
git'er dun Ken !!
Red
And if I may add my two cents about the PR's etc. Just because this company didn't do the right thing doesn't change the potential of the assets we hold.
If I were the CEO and I had great news I would hold off with the news until everthing was confirmed and the proper paperwork is produced and filed. I know that's not what investors want to hear but I would rather they be cautious other than careless with PR's.
Watching CNBC and all they can talk about is the rare earth shortage and gains by miners in the space. If KATX can locate and prove up any sizeable deposit of these minerals we are "golden" pardon the pun !! Bought another 100K at these fire sale levels.
Best to all,
Red
I'm in too ... although the DD I need to do is in regards to all the messy corporate shell games being played with KATX, KATG and KATC? What in the world are they thinking? Is there a filing or explanation somewhere that I can read to try to understand the rationale behind this? Any links or direction to the data would be appreciated.
All the best,
Red
This may be the quickest, least expensive and cleanest way for the CEO and current owners of Shenzhen Donxon Mobile Co to sell their company to the newly created SKY Digital Stores Corporation.
The same two people will control both the newly created SKY Digital Stores Corp. and Shenzhen Donxon Mobile Co.
Once SKY is created it could buy Shenzhen Donxon Mobile Co for stock. These people or other partners may have other companies to consolidate under Sky Digital as well?
I guess we'll have to wait and see at this point. Added 200 shares to other 4 accounts and bought a few more to add to my primary investing account.
All the best,
Red
any other possibilities out there? You have to think that these people are looking out for their own best interests and that we will benefit as well. They each own 60,000,000 shares which will be reduced to 3,000,000 each after the R/S.
The names and addresses if the Board of Directors are as follows:
Name Address
Lin Xiangfeng #1801 Building B, Hai Song Da Sha
Che Gong Miao, Fu Tian Qu
Shenzen, China 518041
Tian Xiuhong #1801 Building B, Hai Song Da Sha
Che Gong Miao, Fu Tian Qu
Shenzen, China 518041
I'm adding to my holdings while things are nice and quiet. I think once we get through this quiet period and get into the new year this stock will be hot again. If we get a PR about a new consultant and a manufacturing partner along with a Joe Noel pump this thing will go to the .40's this time for sure.
I'm holding long for the bucks !
All the best,
Red
fidz ... easy big guy !!! LOL
We need to get through this dead week and get on with 2011. As you duly noted KBLB has many projects in motion that will come to fruition in the new year. I continue to nibble on the dips ...
All the best,
Red
After the first of the year I may just start contacting RM legal firms in China and the US and send them the DD on this company to see if there is any interest out there.
Problem is, there is no corporate representation or contacts that we know of at this point. They will not return phone calls or contact shareholders.
We'll see ...
I'm just going to hold my shares into the new year. With my timing luck those clowns from CPV would file the amended deal after the bell Friday 12/31/2010 and I would be chasing it on Monday 1/3/2011. Not gonna happen I'm in until we hear something.
If the deal doesn't come to fruition, I think there are some Chinese biofuels companies that would be interested in the technology. They are having huge diesel fuel shortages in China.
Something will come along :~)
Merry Christmas everyone see you on Monday,
All the best,
Red
No presents for me ! I had 20,000 shares at $5.05 sitting there ready to be wrapped up BUT NO the MM played GRINCH with my order !!!! LOL
Merry Christmas all ...
be safe and enjoy your company whehter friends family or pets !
All the best and see you on Monday the 27th to fill the gap, if they don't do it after hours! (that's for you Randy!)
Red
OK I'm ready !!! Fill the GAP !!!!
if the MM's can find some juicy STOP-LOSS orders below $5 they could do a mini-flash crash and fill the GAP !!!
LOL ... git 'er dun MM's
Come to Red baby !!!
It doesn't get any worse than 0 trades and no volume !!!
So maybe we get a little action between Christmas and New Years?
My action has been in HDY since Dec. 6 .... this has gone quiet afte a bit of a run and consequent reversal.
Maybe they should power up the RNWF computer? ;~)
Red
The chart looks good maybe that .40 - .80 is attainable in the short term based on Kim's last PR. It would be nice to get the base back up into the mid- .20's to .30's.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57823954&txt2find=KBLB
credit matt_chart
What do MM's do on NO volume days?
LOL ...
Do they get paid for not working?
OK where do I place the bid to pick up some GAP SHOT SHARES???
Let's test that fill the gap theory for shitz-n-giggles ...
God bless you Olli you Riverboat Gambler !!! LOL ;~)
That's the way it's done I guess ... but if I buy low it will go lower, so watch out !!!
I'll just watch for now.
All the best my friend !
Randy where do we end today?
No trading tomorrow and we get a full five days next week do we get whacked at the end of the day or do we get a new high?
Are they going to do it again? Buy low and sell at the high? This is interesting ... wish I had the cahunas to do that ! Just holding and smiling ... L2 is like watching an arcade game .. ding, ding, ding
Some flippers just made .30 -.35 a share on that plunge
I think by this time next year KBLB will have the decimal point moved at least one, but maybe two positions to the right in the share price.
Spider silk fabric should be rolling off the looms destined for the most exclusive shops in the Orient and India.
Buying low and holding for the New Year !!!
All the best,
Red
FYI - In observance of the Christmas holiday, bond markets will close early at 2:00 PM EST on Thursday, December 23, 2010. Additionally, both stock and bond markets will be closed on Friday, December 24, 2010.
In observance of the New Years holiday, the bond market will close early at 2:00 P.M. EST on Friday, December 31, 2010. The stock market will be open and operate as a regular trading day on Friday, December 31, 2010.
All the best,
Red
FYI - In observance of the Christmas holiday, bond markets will close early at 2:00 PM EST on Thursday, December 23, 2010. Additionally, both stock and bond markets will be closed on Friday, December 24, 2010.
In observance of the New Years holiday, the bond market will close early at 2:00 P.M. EST on Friday, December 31, 2010. The stock market will be open and operate as a regular trading day on Friday, December 31, 2010.
Get 'em while they are cheap !
Red