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will do. eom.
Cstrike- I'm with you, but still have my eyes open. If I remember tomorrow, I'll call the TA for some updated numbers. That will be for end of day today. I'll post what I find out.
.........al
Cstrike- it's one of the reasons I held on. A merger on the pinks w/o a R/S while not a rarity, is not the norm. I also liked the way the releases were plainly worded for anyone to understand. Looks like we will need some numbers(sales) for it to really take off.
.....al
Cstrike, granted, it is a possibility. And I certainly hope this is one case where I'm totally wrong. It goes back to the old adage about if it looks , walks, and quacks like a duck. I may be long for a better gain, but I keep my eyes wide open also.
........al
quick question, from the iBox:
Ticker Symbol: UDHC , Total Public Float: 6,086,924 (Last Verified: July 9th, 2008)
Where does this number originate, Clayton or the TA?
Thank you all
.........al
Hello cstrike- first, I'm holding a little over 10000 from dpws days. It's one I tucked away in my roth for a possible future tax free gain such as this. I've been trading pennies for well over 10 years and have heard it all, mm manipulation, shorting from offshore, shaking shares before the "big" run, etc, etc, I'm sure you've heard most of it too. It's funny, but not really, that most of the time all the excuses are found to be masking the real cause, which is again, plain and simple dilution. The truth of it comes out eventually. Wait and see.
...........al
sorry to say it, but a very large majority of the time things like this happen is plain and simple dilution. why they need to dilute is anyone's guess.
......al
more heavy hits on the ask. eom
over half a million shares already and I think all at the ask. something up?
..............al
a letter to my senator:
Senator Casey-
It seems that many of our tax dollars are now being used to bail out
mismanaged public corporations and foreign investments in these same
corporations. I have stocks in my portfolio that are now worthless due
to the same type of mismanagement. I will send for the certificates.
Would you kindly send me the address to forward them to. I'm not asking
for hundreds of billions of dollars, just maybe $20,000. I have received
no bonuses from these companies or any other compensation. I am just a
small investor that used some poor judgement in the past and would like
to turn some of this worthless paper into our Federal Reserve in
exchange for cash. I understand it is now the trendy thing to do. Please
send this information as soon as possible before Fannie, Freddie, and
Wall Street take it all and there is none left.
Thank you
Sheff- With all the big hoopla on the mortgage bailout bill, what has been overlooked is a small addendum to the bill requiring all credit card transactions will now be report to the IRS. Just FYI. You have a great board here. Thank you
...............al
I have always been an advocate of holding physical gold and silver. Screw any kind of gov't limits and insurance and what not. If you have it in your possesion it can't be confiscated, taxed, liened, nor have judgement made against it. Stocks can be confiscated. ETF stockpiles can also be confiscated leaving nothing to back up shares rendering them worthless. Will it ever come to that? I don't know but the direction things seem to be headed, it's not improbable. Never forget the "government" is a physical entity and there are many vested interests that will do anything to keep it alive and functioning at anyone's expense except their own. I don't look under every rock for conspiracies, but it's hard to miss this.
.........al
We will have a little more big brother if the housing bill gets passed by the senate intact. We have lost more of our constitutional rights during the bush administration that we have sum total since the constitution was written. Altho I dislike what the bush presidency has done to us, it has continued during a democrat controlled congress that could have put the kabash on everything. We need real heroes to get washington under control. Note the last item in this shortened version of the housing bill.
Ron Paul on the Housing Bill 7/23/08 - "The Mother of All Bailouts" [video]
By: Dr. Ron Paul, U.S. Congressman
-- Posted Thursday, 24 July 2008 | Digg This ArticleDigg It! | Source: GoldSeek.com
"The Mother of All Bailouts"
Details of today’s housing bill by Dr. Ron Paul:
- $2.5B line of credit to the Treasury (Fannie & Freddie – ‘F & F’) is now “open-ended”
o UNLIMITED – Treasury now allowed to buy all ‘F & F’ housing securities
o Congress no longer involved in appropriating funds (Treasury now does)
- National Debt Ceiling Moved up $800 BILLION (buried in the bill)
- Treasury Bills being exchanged for unwanted ‘F & F’ securities
o This is the asset which “backs up our currency”
o Value of these assets are depreciating
o Treasuries have replaced gold and silver to back US Dollar
- Solution breeds inflation
o Places pressure on the US Dollar
- Mortgage industry workers “will now have to be fingerprinted.”
- All credit card transactions will now be reported to the IRS.
........al
I've already written to my congressman and senators blasting them for allowing taxpayer dollars to bail out public corporations that have been mismanaged. Shareholders should be acting in conjunction with the BODs to oust the poor managers. I also requested an appointment with Bernanke. I want to give him some of my almost worthless paper in exchange for some taxpayer dollars. If you have ever written for any kind of funding grant, you will remember the reams of paper required along with the long wait for the buracracy to read it just for a few thousand dollars to do some public good. Yet if you are "too big to fail", which IMO is a load of crap, you can just walk in and carry away billions. And people ask what's going wrong with our country.
..........al
I remember IVOI when it was VTPI. Change of mgmt and direction with symbol change. It has been a dilution and reverse split machine ever since. caveat emptor
.............al
monster- first get one thing stright. I nor no one else threatened you in any way, at least not on this forum. As mod I wouldn't have allowed it. People do trade penny stocks for profit. It's part of the game. Almost all penny stocks eventually go under. That's also part of the game. Your losses came from the CEO of this company who has chosen to make a business out of selling shares of stock.(see the OS counts in the iBox) It's called dilution and it is also a part of the penny stock game. Some like this company practice far more than most. It DILUTES the value of your holdings. In the future try and remember to not invest what you can't afford to lose. What you have already lost can't be fixed. It went indirectly into the pockets of the employees of this company, who btw from what I understand are living a very lavish lifestyle. I'm sure they appreciate your contribution. If you want to get back at these scammers, just take a few moments of your time every now and again and use forums such as this to inform newbies and potential investors of your experience. You need to take your losses and move on. The next microsoft will not be found in pennystockland.
..........al
I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975
Best info board on Ihub:
http://investorshub.advfn.com/boards/board.asp?board_id=12189
Thank you Clint. eom
.........al
perdue, read my previous post. eom
.......al
monster- what I was referring to was something along the lines of what just happenned the past few days. The pps went from .005 to .01. Some traders for whatever reason saw an opp and took advantage of it to make a few $$$. It happens all the time. You can't short a penny stock in the USA. And even in Canada or Germany, your margin is outrageous to do so.
........al
Hi Joe- one thing you have to keep in mind, just like GW, the Iranian president doesn't run his country either. They are both just figureheads for the real powerbrokers. Gold will go up in anticipation of conflict rise more if it comes to pass. One thing to keep in mind. The big boys are increasing their shorts in gold and silver again. They still run the game in the long run. Only a short squeeze that costs them billions will end their game. JMHO
............al
I think this may have a lot to do with any run up in gold short term.................al
US, UK, France launch sea exercise for naval blockade on Iran
DEBKAfile Exclusive Report
July 21, 2008, 11:00 PM (GMT+02:00)
US Navy Expeditionary Combat Command unit exercises skills
US Navy Expeditionary Combat Command unit exercises skills
The White House spokeswoman Dana Perino said it expected Iran to “miss an opportunity to accept” the incentives package.
DEBKAfile’s military sources report that Operational Brimstone, starting Monday, July 21, aimed at giving military teeth to the two-week ultimatum the six world powers gave Iran in Geneva Saturday to accept the suspension of uranium enrichment or face harsh sanctions and isolation.
After warning of punitive measures against Iran, Condoleezza Rice met the six members of the Gulf Cooperation Council plus Egypt, Jordan and Iraq in Abu Dhabi. First she was briefed by Under Secretary of State William Burns.
The penalty of withholding refined oil products from Iran would be exercised by means of a partial international naval blockade of its Gulf ports.
Taking part in the 10-day exercise in the Atlantic Ocean are more than a dozen ships, including the US carrier strike group Theodore Roosevelt and expeditionary strike group Iwo Jima; the French submarine Amethyste, and the British HMS Illustrious Carrier Strike Group, as well as a Brazilian frigate.
Six vessels from the Norfolk Naval State will play the role of “enemy” forces.
About 15,000 sailors will be involved in Operation Brimstone. Both the Roosevelt and Iwo Jima will be deployed in the Middle East in the coming months.
The exercise is scheduled to end July 31, two days before the US-European ultimatum to Iran expires. Immediately after the Geneva talks ended in failure, the US State Department issued a statement giving Tehran the option of “cooperation or confrontation.”
A partial blockade of Iran’s shores, a key element of the new sanctions, would be limited to withholding from Iran supplies of benzene and other refined oil products - not foodstuffs or other commodities. Short of refining capacity, Iran has to import 40 percent of its benzene consumption and will be forced to react to the stoppage.
Operation Brimstone boasts two striking features:
1. It will include for the first time units of the US Navy Expeditionary Combat Command, who are trained to operate in shallow coastal waters and rivers, such as the coastal waters of the Persian Gulf and the small islands around its chokepoint, the Strait of Hormuz. Iranian Revolutionary Guards marine units are posted on these islands.
The international force will have to control the islands to ensure oil shipping freed passage out to world markets.
2. The Roosevelt’s decks will for the first time host French Rafale fighter jets which will share space with US warplanes, while the only French carrier Charles de Gaulle undergoes maintenance.
Our military sources note that French warplanes have in the past performed short landings and takeoff drills on US carriers from the Charles de Gaulle, but never before taken part in a fully cooperative operational exercise.
This joint endeavor signifies that French President Nicolas Sarkozy is fully committed to a joint US-European military action if necessary to halt Iran’s progress toward a nuclear weapon.
Addressing the Knesset in Jerusalem Monday, July 21, British prime minister George Brown said: Iran must ''suspend its nuclear program and accept our offer of negotiations or face growing isolation and the collective response not of one nation but of many nations.''
Brown's spokesman said the premier did not rule out "extended sanctions in some form on the oil and gas sector" in Iran. Sources said that could involve sanctions on spare parts for Tehran's fairly limited domestic oil refining capacity.
this will either start it or end it
US, UK, France launch sea exercise for naval blockade on Iran
DEBKAfile Exclusive Report
July 21, 2008, 11:00 PM (GMT+02:00)
US Navy Expeditionary Combat Command unit exercises skills
US Navy Expeditionary Combat Command unit exercises skills
The White House spokeswoman Dana Perino said it expected Iran to “miss an opportunity to accept” the incentives package.
DEBKAfile’s military sources report that Operational Brimstone, starting Monday, July 21, aimed at giving military teeth to the two-week ultimatum the six world powers gave Iran in Geneva Saturday to accept the suspension of uranium enrichment or face harsh sanctions and isolation.
After warning of punitive measures against Iran, Condoleezza Rice met the six members of the Gulf Cooperation Council plus Egypt, Jordan and Iraq in Abu Dhabi. First she was briefed by Under Secretary of State William Burns.
The penalty of withholding refined oil products from Iran would be exercised by means of a partial international naval blockade of its Gulf ports.
Taking part in the 10-day exercise in the Atlantic Ocean are more than a dozen ships, including the US carrier strike group Theodore Roosevelt and expeditionary strike group Iwo Jima; the French submarine Amethyste, and the British HMS Illustrious Carrier Strike Group, as well as a Brazilian frigate.
Six vessels from the Norfolk Naval State will play the role of “enemy” forces.
About 15,000 sailors will be involved in Operation Brimstone. Both the Roosevelt and Iwo Jima will be deployed in the Middle East in the coming months.
The exercise is scheduled to end July 31, two days before the US-European ultimatum to Iran expires. Immediately after the Geneva talks ended in failure, the US State Department issued a statement giving Tehran the option of “cooperation or confrontation.”
A partial blockade of Iran’s shores, a key element of the new sanctions, would be limited to withholding from Iran supplies of benzene and other refined oil products - not foodstuffs or other commodities. Short of refining capacity, Iran has to import 40 percent of its benzene consumption and will be forced to react to the stoppage.
Operation Brimstone boasts two striking features:
1. It will include for the first time units of the US Navy Expeditionary Combat Command, who are trained to operate in shallow coastal waters and rivers, such as the coastal waters of the Persian Gulf and the small islands around its chokepoint, the Strait of Hormuz. Iranian Revolutionary Guards marine units are posted on these islands.
The international force will have to control the islands to ensure oil shipping freed passage out to world markets.
2. The Roosevelt’s decks will for the first time host French Rafale fighter jets which will share space with US warplanes, while the only French carrier Charles de Gaulle undergoes maintenance.
Our military sources note that French warplanes have in the past performed short landings and takeoff drills on US carriers from the Charles de Gaulle, but never before taken part in a fully cooperative operational exercise.
This joint endeavor signifies that French President Nicolas Sarkozy is fully committed to a joint US-European military action if necessary to halt Iran’s progress toward a nuclear weapon.
Addressing the Knesset in Jerusalem Monday, July 21, British prime minister George Brown said: Iran must ''suspend its nuclear program and accept our offer of negotiations or face growing isolation and the collective response not of one nation but of many nations.''
Brown's spokesman said the premier did not rule out "extended sanctions in some form on the oil and gas sector" in Iran. Sources said that could involve sanctions on spare parts for Tehran's fairly limited domestic oil refining capacity.
US, UK, France launch sea exercise for naval blockade on Iran
DEBKAfile Exclusive Report
July 21, 2008, 11:00 PM (GMT+02:00)
US Navy Expeditionary Combat Command unit exercises skills
US Navy Expeditionary Combat Command unit exercises skills
The White House spokeswoman Dana Perino said it expected Iran to “miss an opportunity to accept” the incentives package.
DEBKAfile’s military sources report that Operational Brimstone, starting Monday, July 21, aimed at giving military teeth to the two-week ultimatum the six world powers gave Iran in Geneva Saturday to accept the suspension of uranium enrichment or face harsh sanctions and isolation.
After warning of punitive measures against Iran, Condoleezza Rice met the six members of the Gulf Cooperation Council plus Egypt, Jordan and Iraq in Abu Dhabi. First she was briefed by Under Secretary of State William Burns.
The penalty of withholding refined oil products from Iran would be exercised by means of a partial international naval blockade of its Gulf ports.
Taking part in the 10-day exercise in the Atlantic Ocean are more than a dozen ships, including the US carrier strike group Theodore Roosevelt and expeditionary strike group Iwo Jima; the French submarine Amethyste, and the British HMS Illustrious Carrier Strike Group, as well as a Brazilian frigate.
Six vessels from the Norfolk Naval State will play the role of “enemy” forces.
About 15,000 sailors will be involved in Operation Brimstone. Both the Roosevelt and Iwo Jima will be deployed in the Middle East in the coming months.
The exercise is scheduled to end July 31, two days before the US-European ultimatum to Iran expires. Immediately after the Geneva talks ended in failure, the US State Department issued a statement giving Tehran the option of “cooperation or confrontation.”
A partial blockade of Iran’s shores, a key element of the new sanctions, would be limited to withholding from Iran supplies of benzene and other refined oil products - not foodstuffs or other commodities. Short of refining capacity, Iran has to import 40 percent of its benzene consumption and will be forced to react to the stoppage.
Operation Brimstone boasts two striking features:
1. It will include for the first time units of the US Navy Expeditionary Combat Command, who are trained to operate in shallow coastal waters and rivers, such as the coastal waters of the Persian Gulf and the small islands around its chokepoint, the Strait of Hormuz. Iranian Revolutionary Guards marine units are posted on these islands.
The international force will have to control the islands to ensure oil shipping freed passage out to world markets.
2. The Roosevelt’s decks will for the first time host French Rafale fighter jets which will share space with US warplanes, while the only French carrier Charles de Gaulle undergoes maintenance.
Our military sources note that French warplanes have in the past performed short landings and takeoff drills on US carriers from the Charles de Gaulle, but never before taken part in a fully cooperative operational exercise.
This joint endeavor signifies that French President Nicolas Sarkozy is fully committed to a joint US-European military action if necessary to halt Iran’s progress toward a nuclear weapon.
Addressing the Knesset in Jerusalem Monday, July 21, British prime minister George Brown said: Iran must ''suspend its nuclear program and accept our offer of negotiations or face growing isolation and the collective response not of one nation but of many nations.''
Brown's spokesman said the premier did not rule out "extended sanctions in some form on the oil and gas sector" in Iran. Sources said that could involve sanctions on spare parts for Tehran's fairly limited domestic oil refining capacity.
Hi monster101- you're not the only one that has lost money on this company. There are thousands of investors that bought into very skillfully written PRs only to be reversed out of their investment. The only people that have evr made any money on this are traders and even some of them got burned. It is a fact that not one long term investor has ever made any money on the stock of this company. They have all been reversed out. Dump it and use the loss to offset other gains from the taxman. It will only follow you home if you let it.
...........al
jonesie- the days of easy money are over at least temporarily. Terms will be getting worse as the lenders will have far more serious competition for their available cash. Sad part is the loyal shareholders will be the ones hurt the most. Keep up the good works.
.............al
another link but from last year. the reason I post it is that it has a simplistic interpretation of the 1984 "Funeral Rule". Eternal Image has a small mention at the bottom of the article but I thought there was other good info there also.
........al
http://ktla.trb.com/news/nationworld/la-fi-death28oct28,0,6351339.story
Sealing your last deal
Plan your own funeral and go out with a bang or a bargain.
By David Colker, Los Angeles Times Staff Writer
October 28, 2007
Sealing your last deal You can't cheat death.
So you might as well face it as a smart shopper.
Planning a funeral used to fall almost entirely to funeral homes, which guided bereaved loved ones into standardized deals that might have included services or items the dearly departed might not have chosen. But federal and state laws have put the power of choice into the hands of consumers, and more and more people are taking advantage of it by planning their own send-offs, thereby controlling the cost.
A poll conducted by Harris Interactive in 2005 found that 47% of people said they were going to plan their own funerals. And businesses -- factory-direct emporiums, online merchants and even Costco -- have responded with products to meet the need.
It's not difficult, according to consumer advocates, to design a funeral that can cost a good deal less than the national average of about $6,500. You can even go green with an environmentally friendly exit strategy.
So if you choose to go death shopping, the place to start is with your rights under the law.
The Funeral Rule
The bedrock federal consumer law on death matters went into effect in 1984. It's known throughout the industry as the "Funeral Rule."
The law has strong provisions that govern how funeral providers have to deal with consumers:
* If you call a funeral home and ask about prices, the staff has to give them to you, even if you don't disclose your name or telephone number.
* If you visit a funeral home and ask about prices, they must give you a detailed, printed document known as the "general price list." And you can take it home.
* You have the right to buy some items, such as caskets, from outside providers. The funeral home can't add a corkage-type fee when you BYOB (bring your own box).
* Caskets are not required for cremations. A provider who offers cremations must make alternative boxes available.
* Before you buy, all the goods and services you've chosen must be detailed in a written statement that shows the cost of each item. If an item is required because of a law or cemetery requirement, that must be noted.
Now that you know the rules, it's times to plan.
Death wishes
If there's one thing the funeral establishment and consumer advocates can agree upon, it's the value of making a plan that takes into account both your wishes and financial realities.
"It allows a person to make decisions at a time when emotions are not raw," said Shaun Meyers, a funeral director in Ogden, Utah, and a member of the National Funeral Directors Assn. executive board.
Joshua Slocum, executive director of the Funeral Consumers Alliance watchdog group, advised visiting or at least calling several funeral homes to compare. Be wary, he said, of package deals that include the casket, service, flowers and other items.
"They might say something like, 'This is our traditional package,' " Slocum said. "Every time you see that word 'traditional,' cross it out and replace it with 'most profitable.' "
He suggests making your choices a la carte so you can forgo items often included in packages.
For example, no federal or state laws require embalming of a body before burial, although many funeral homes won't allow a viewing without it. Skipping embalming and viewing can save about $800, according to average prices determined in a 2005 National Funeral Directors survey.
But you have to act quickly. If you don't embalm, California law says a funeral home must refrigerate the body after 24 hours, and that can cost about $50 a day.
That's money in your afterlife pocket, or you can put it toward other items. Hollywood Forever Funeral Home, located on the grounds of the cemetery of the same name, has some of the most flamboyant offerings.
On the high end of items in its 32-page price list is the production of a documentary film on a customer's life, complete with red carpet premiere. The price for the film starts at $30,000.
On the other end of the cost scale: printed funeral programs at $3.50 each.
Die now, pay later?
The funeral industry pushes prepaid plans that take care of major costs in advance.
Consumer advocates loathe them.
"Planning ahead is wonderful," Slocum said. "Paying for it is usually a mistake."
About a third of the complaint calls that come into the Funeral Consumers Alliance concern prepaid plans, mostly having to do with unexpected aspects of the deals. Examples include consumers who couldn't transfer a plan when moving or couldn't convert it from burial to cremation.
Meyers says the best prepaid plans are funded through insurance policies because they're generally flexible. And they often guarantee, after a couple of years of installment payments, that all the services in the contract will be delivered even if all the payments haven't been made at the time of death.
"With this plan," he said, "fewer decisions have to be made by loved ones when the time comes."
But insurance-based plans are usually the most expensive.
Instead, Slocum recommends that consumers set up a payable-upon-death bank account, also known as a Totten trust. It's a fund paid upon death to a designated beneficiary, outside of probate, to cover funeral expenses.
It's highly flexible in that it can travel and even be drawn upon if you suddenly need some money while alive.
The box
California law doesn't require a casket for burial, although most cemeteries do (plus, in many cases, a vault to keep the box from sinking).
If you ask to see the caskets for sale at a funeral home, the business is required to give you a price list of all they have to offer. That way, you can ask about caskets that might not be on display.
Many funeral homes offer an "alternative container." That's industry code for a simple box, sometimes made of humble cardboard. Meyers said he had sold only one for burial in his 27 years in the business. The price was $75.
You can also get a casket from a factory-direct shop, membership stores such as Costco or even on the Internet. It's unlikely they'll carry the exact same models, so a direct price comparison probably won't be possible. But you can get an idea of what you want.
Most third-party casket providers, including Costco, have the ability to deliver their products quickly, sometimes by the next day.
Of caskets in general use, the cheapest are usually made of cloth-covered, inexpensive wood. At ABC Caskets, which sells to the public from its East Los Angeles factory, those start at $356.
Metal caskets, which are the most popular now, generally go for about $1,000 at ABC. The most expensive are solid wood, which can run about $6,000.
You can pay a lot more. At Forest Lawn Memorial-Parks & Mortuaries, which has several locations, the most expensive casket is an all-mahogany model that costs $20,000.
Cremation is usually less expensive than burial on several fronts. It does require a combustible box, which can be of the "alternative-container" variety. Forest Lawn has one for $39.
But urns, for keeping the ashes, can get elaborate. Forest Lawn has one adorned with brass dolphins for $1,400.
There's also a specialty market in urns. Eternal Image Inc. has announced it would be selling urns in the colors and logos of major league baseball teams. You can honor the Dodgers' deadly season.
The plot cheapens
Where do you go when you want a bargain in life? Craigslist, the Recycler, Pennysaver, right?
You can go there in death too. Each of those classified services regularly has burial plots for sale.
Just last week, the Craigslist for Los Angeles listed 13 plots. Lowest in price was a plot at Valhalla Memorial Park in North Hollywood, for $1,950 (maybe it's near comedian Oliver Hardy or wrestler Gorgeous George).The most expensive listing was a single plot in Hillside Memorial Park in Los Angeles for $20,000, billed as "next to Al Jolson Memorial."
Even EBay gets in on the act. Last week there was a plot at Mount Sinai Memorial Park in the Hollywood Hills up for auction. Starting bid: $5,000.
One of the main reasons plots are resold is that people move to a different city. Or they get divorced and don't favor the idea of eternal rest next to an ex. And sometimes, death planning takes a back seat to the sudden need for living expenses.
Death at home
For the ultimate do-it-yourselfer, you can plan to have a funeral in the comfort of your home. There's nothing in federal or state laws that requires use of a mortuary or any type of funeral professionals.
But several steps must be taken to prepare for burial or cremation, according to the California Cemetery and Funeral Bureau.
Proper paperwork, including a certificate of death, has to be filed with the local registrar of births and deaths. A casket or combustible cremation container must be provided. And arrangements must be made with a cemetery or crematory.
No embalming or refrigeration is required for a body to be kept at home. But take heed of this warning from the state bureau's consumer manual: "Generally, decomposition will proceed more rapidly without refrigeration or embalming."
Not a good option for procrastinators.
Thanks superbee, but I am humbled by surfers link list. And we do welcome all into heppie's camp. Party at heppie's!!
.........al
Hey surfer, I've got a great search engine, but it looks like it won't hold a candle to yours. LOL.
Great job and thank you
...............al
jonesie- thanks for the link. I can see the time and effort that went into your iBox. We all know there are a lot of pumper dumpers operating here on Ihub. Then I come across someone like yourself operating a board like this to actually try and help people. It makes this community worthwhile to be a part of. Kudos to yourself and the many others that are trying to help for unselfish reasons. Boardmarked and membermarked
..............al
Hi jonesie- when a company reverse splits, it ususally only covers the outstanding shares. Treasury shares are left intact. This is almost always true in microcaps and on higher exchanges is true most of the time. Companies don't want to restrict fund raising by lowering the amount of shares they can sell or trade for CDs. It is all up the their respective BODs. The terme and conditions must be voted on and approved. Most of these microcaps have created a special class of stock with super voting rights that belong to insiders. They do not have to seek common stock shareholder approval for anything they do. Hope that helps.
........al
WTVN update- since the latest reverse split the symbol has changed to WIFT. Same people running it. I just updated the OS count from the TA. On 6/30 the day of the reverse split there were 6,227,136 shares outstanding. Less than 3 weeks later the OS count is now 21,862,610. Not as bad as Raven Moon, but I think runs a close 2nd.
..........al
share count update in iBox. eom
hi dancy, this is the type of news and info that I call real DD and have been preaching about for years. Calling the company or the IR guy(or gal) is ok and can be a source of info. But you only get the company line from those people, never any negatives or pending bad news. Hearing about our company from third parties and non paid independant news sources is the real deal. This company could have never been able to afford the millions in free publicity it has received over the past couple of years.
from another in heppie's camp
..............al
I wonder if the availability of the urns was the final piece of the puzzle to get the plans off the drawing board for this company. Success should carry this beyond the 5 cities.
........al
no trades in first hour, everyone awaiting news?
.........al
BPG may be turning. Bids are chasing shares unsuccessfully. Buys are getting in only at the ask. First time in many days this trading pattern is happenning. FWIW
......al
from the volume the past 2 days, it seems people are getting wise to Alex and co. I wonder what kind of price guarantees the CD holders have on those blocks of stock they are holding and trying to sell?
............al
just a comparison on stock prices:
I have another fully reporting stock in my portfolio that just filed their 10K for last year. $500,000 in sales, 90 million outstanding shares. trading range today- .0006¢ to .001¢
I'm sure there are many other examples that can be pro or con to the stock price discussion. This one just came to mind as it was recent.
..........al
overachiever- this is a long but very good read if you have a half hour to spare.
http://www.investmentpostcards.com/wp-content/uploads/2008/06/montier.pdf
..........al
The battle is for what controls the currency system, Fiat or Gold? It is a battle that has raged for hundreds of years, and it goes on today.
gold has won hands down every time.
..........al