Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Buying op coming...load up! $MNII
Well I'd say the float is locked up here LOL. Crazy spread! Gift shares for cheap this morning...
Company value should be about $.04/share after merger and potentially more after that depending on future business.
Please look at this Twitter post and realize the value here...
@BeardOfWallSt an email from $EHSK CEO about upcoming sale!! It's from 7/19...just found it in my junk pic.twitter.com/dRuTltbmEk
— JDogg Capital #MTO (@JDogg_Capital) July 27, 2016
Watch $EHSK for merger news in the next day. If so, this will be a great long-term hold. The company they are merging with is an UK bioscience up and coming. Excellent management team!
Sure thing! I'll see what else makes sense for this board... I like it.
Check out $MNII & $FRAZ. Both old American sugar companies in Cuba that were confiscated by Fidel Castro in 1960. They both have certified claims via the FCSC (US gov't) and have to be paid by int'l law in order to remove the embargo. $MNII claim of $48.5 mil principle plus 6% interest annum has claim at $211+ mil now. OS for $MNII is 1.28mil. $FRAZ claim of $52.6 mil principle plus 6% interest annum has claim at $230+ mil now. OS for $FRAZ is 575k.
Very long term investments, but most don't know these exist. Current PPS around $0.20 for both makes these once in a lifetime investment opportunities. Check out the ibox details for all the DD and official documents.
I guess! I'm ready for it. Place your bets over summer and reap the rewards in fall. It's like farming your money lol
That's a crazy buy! Share swap of some sort? Otherwise a strange large purchase, unless someone knows something...
Thanks MADD. Stared at this one for like a month before I threw out some bids. It's odd it was so low for a while. Big things coming for $FRFS!
Definitely think there's a whole lot more in India happening than what we're seeing. This one's solid!
Glad I soaked up a bunch of trips last month. Always knew an explosion would happen here soon enough! Too much going on behind the scenes. Plus Gates doesn't just give money to scam artists... Boom!
Well I believe they have 4 days to file an 8-K for the acquisition after its signed. I think not seeing an 8-K today says something big is coming. Otherwise they would have filed one already for another extension or an update. Looking good here with some nice bids today.
Someone very stupid. Someone hits the ask for 5500 at 14 and you sell 500 at 7? Just lost 100% there whoever that genius was! Lol
Who's on the ask with 4K? They can't seem to settle in one spot. Leave it at .50!
The question is why did you sell? We all know it's going to be years! However, float is locked up and this isn't a pump job. Not selling at all, just waiting for an outcome. This could easily be moving up and down in the dollar range. Last time it moved, there was the king of pumped running it. Makes sense why many bailed eventually and the PPS slowly fell. Pretty sure the longs here won't see those levels again. Even if they did, I would welcome it. More shares to buy cheap then! The payout isn't a PPS target here, it's the final outcome. And the more years pass, more interest accumulates. Plus anything over a year gets you less tax implications. Sorry you sold for a loss.
$FRAZ
Big bid in. Someone know something?!
Well played lol. Look at that bid right now! Dang!
I guess someone that wants a piece, but doesn't want to risk too much? In the original days of these stocks, those were normal buys lol. I'm good as long as they keep buying! $FRAZ
Here's the trail of DD for $DEQI as we know it so far:
in April a Facebook account was created for DEQI:OTC (https://www.facebook.com/DEQIOTC/home). On the FB account, it lists the current website domain as www.deqi.info
Now if you look this up: http://domainbigdata.com/deqi.info you will see that the registered owner was transferred to David Tobias on 5-4-16 and now under the domain www.themarijuananetwork.com
David Tobias is the director for $CBDS (Cannabis Sativa Inc - currently $2.10 on the OTCQB).
So is Robert Milstein still 'consulting' for David Tobias and setting up $DEQI 'themarijuananetwork.com' for him? It's hard to say at this juncture. Maybe CDBS and DEQI will see a possible merger soon? Remember Robert Milstein and David Tobias worked together on Marijuana Inc originally!
Thoughts?
You wanted action! LOL
$SIII 8k - Skytower Hotel acquisition notice...
It seems crazy complicated and both sides are playing the game right now. Cuba is being very vocal about their position, which leads me to believe they are playing hard to get. However, they might crumble quickly once November inches closer. I can't believe they aren't taking this opportunity, especially because they know they have to pay the claims and the current regime for the US is willing to negotiate the rest. That might not be so easy with the next(?). Here are some excerpts from recent articles on the two sides stances:
U.S. and Cuba Discuss Their Claims Against Each Other
On July 28 and 29, the United States and Cuba met in Washington, D.C. to discuss their claims against each other.[1]
The U.S. State Department’s terse announcement after the first session merely said that the parties exchanged “further details on outstanding claims . . . [that] build upon the previous claims discussion in Havana, Cuba. It also allowed for an exchange of views on historical claims settlement practices and processes going forward.” The “U.S. claims include claims of U.S. nationals that were certified by the Foreign Claims Settlement Commission, claims related to unsatisfied U.S. court judgments against Cuba, and claims of the United States Government. The United States continues to view the resolution of these claims as a top priority for normalization.” The U.S. delegation was led by Brian Egan, the Legal Adviser for the U.S. Department of State. Nothing was said in this announcement regarding Cuba’s claims against the U.S.
The next morning, July 29, an unnamed senior State Department official gave this background briefing on these discussions:
- The U.S. “began our bilateral claims dialogue with Cuba last December in Havana. . . . Yesterday, we concluded a second meeting with the Cuban Government on claims. . . . in Washington. While at the first meeting the two sides exchanged information on the various claims [of] each side . . ., the second meeting was more substantive in nature, both in exploring more of the details about the claims . . . but also in reviewing the practices of both countries in resolving claims with other countries and how those practices could provide options for resolving these claims. . . .”
- These claims “include claims of U.S. nationals that were certified by the Foreign Claims Settlement Commission many years ago, claims related to unsatisfied U.S. court judgments against Cuba, and claims of the U.S. Government. The Government of Cuba also provided further details about claims that it has against the United States. . . [relating] to the embargo and to human damages that have been adjudicated by its courts.”
- The two countries “do not currently have a scheduled meeting [in Havana] for the next round. The U.S. delegation expressed its desire to resolve the claims as quickly as possible, and we indicated that we were willing to dedicate a substantial amount of time and energy towards trying to get to resolution. I think both sides agreed that we would have more regular meetings and that we would continue to pursue this matter in the established diplomatic channels.”
- “Cuba has resolved outstanding expropriation claims with several countries in the last two decades . . . [although] they were much, much smaller in scope . . . . [The U.S. has] lots of practice in claims settlement involving expropriation claims, involving outstanding court judgments and government-to-government claims. . . . [We] all recognize that the complexity and the scope of [these] . . . claims . . . [and we] will have to . . . draw on all those examples, but that we’ll probably have to figure out something that is unique to this particular claims matter”.
- For the U.S. claims, there are “claims of U.S. nationals relating to expropriations that date back to the late 1950s and 1960s. Those were adjudicated by the Foreign Claims Settlement Commission in two separate programs, and the total principal of what they negotiated was $1.9 billion. And the Commission then also awarded 6 percent interest on that. So we have indicated that obviously that’s part of it. We also know that in terms of U.S. court [default] judgments, there are approximately $2.2 billion of judgments outstanding against Cuba. That include – that’s compensatory damages and punitive damages . . . . [The] U.S. Government claims are in the hundred to couple hundred millions of dollars and relate to interests that the U.S. Government had in mining interests in Cuba back in the ’50s.”
- Cuba has “embargo claims and their human damages claims relate to two . . . outstanding judgments . . . against the United States rendered by Cuban courts. The human damages claim – the judgment was for $181 billion. We understand that that number could be higher. And for the economic damages judgment, we understand that that judgment was for $121 billion, but again, that number might be higher. . . . Cuba also has a claim for blocked assets, but there hasn’t really been a solid number . . . , because the amount of blocked assets has fluctuated over time.”
- The “most traditional type of claim settlement . . . for claims of this nature would be a bilateral agreement that sets out the scope of the claims that are to be resolved with releases for those claims from the other government. Sometimes a lump sum of money is then provided in settlement of the claims.”
- Some of Cuba’s past “claim settlements have related to “the liquidation of various products that are provided or bonds that are provided. But we’re looking at everything at this point and trying to figure out what might be the most appropriate way forward. . . .”
- The parties have not yet addressed the impact of the continuing U.S. embargo on Cuba’s claim for alleged economic damages from the embargo.
- “Traditionally, claims come up in normalization. And obviously, as part of normalization, there are frictions or claims that accrue on both sides. Where there has been a blocking of assets, there have traditionally been claims for actions by the United States to block assets and take those kinds of measures and those kinds of issues have been dealt with in prior claims settlements.”
- Cuba explained how these [Cuban court default] judgments [against the U.S.] came into place: the Cuban laws that gave rise to the jurisdiction for the courts to hear these kinds of claims. There was a general description of the types of elements that went into the economic damages or the human damages types of claims. But we didn’t hear any specific breakouts of numbers on those categories.”
- “It’s very, very difficult to say [how long these discussions will take].”
- There is “nothing about this negotiation that is any different from our experiences in dealing with claims with other countries. . . . We are having very substantive discussions. [B]oth sides seem to agree that we need to have more regular meetings. . . . [and] are committed to try to resolve this in a mutually satisfactory manner, drawing on the experiences of claims resolution by both governments.”
- We have not heard . . . [any] unwillingness to settle claims. [The discussions have been positive.]”
Other sources provide some additional details. Cuba claims the U.S. owes billions in damages resulting from events such as the Bay of Pigs invasion (176 deaths and more than 300 Cubans wounded), the 1976 bombing of Cubana de Aviacion flight 455 that killed all 73 passengers and other deadly U.S.-sponsored incursions on the island. Cuba also mentioned Cuban court default judgments in which the U.S. was found liable for $181 billion of human damages and economic damages.
Cuba Says Claims Discussions with U.S. Will Not Proceed Quickly
On August 1 Cuba said it was not willing to rush talks with the United States over multibillion-dollar claims and counter-claims and would agree only to an accord that addressed the grievances of both sides.
This statement undoubtedly was a reaction to a U.S. State Department comment that the U.S. wanted to resolve the issue as quickly as possible and the two sides had agreed to hold more regular meetings. [1]
Cuban Deputy Foreign Minister Abelardo Moreno told reporters in Havana this likely was an “aspiration” of the State Department, given that there had been no actual agreement on future meetings.
Moreno said that for now the talks with the U.S. are “informative,” and the parties are seeking to find a methodology to address the problem and have not yet discussed details of any agreement or its scope.
Moreno distinguished Cuba’s successful negotiation of claims by Canada and five European countries over Cuba’s expropriation of property from the more complex issues to be resolved with the U.S. because of Cuba’s large claims for damages allegedly caused by the U.S. embargo.
The amounts of Cuba’s damage claims, he said, were not negotiable because they were established by Cuban courts. This, in my opinion, is an unreasonable position because the U.S. did not appear in Cuban courts to defend those cases, and, therefore, the Cuban court judgments were entered by default without any rebuttal. Similarly one of the unresolved U.S. claims is a collection of default judgments entered by U.S. courts against Cuba. They too do not establish non-negotiable amounts, in my opinion, for the same reason.
Reactions to Cuban Statement that Claims Discussions with U.S. Will Not Go Quickly
Jason Poblete, a lawyer who specializes in Cuba claims in Washington D.C., said that the U.S.-Cuba discussions about their respective claims “are negotiations, because they’re sitting at a table and talking about the issue,” but that the recent statements by Cuba’s Deputy Foreign Minister “point to a decision by Cuba to delay the process.” According to Poblete, the Cuban government may be waiting to see if the U.S. president elected in November “will offer them something better.” The delays also would maintain the status quo until 2018, when Cuban ruler Raúl Castro has said he will surrender the presidency.
Poblete also thought the Cuban official’s comments could be “an indirect message that they are not interested in solving this issue. . . . [P]erhaps they want to win the elimination of all sanctions before they pay” compensation” to the U.S. If, however, “the Cubans [really] are interested in having the U.S. sanctions removed [as soon as possible], they would pay the claims, which would help the groups in Washington that are pushing for the elimination of sanctions.”
John Kavulich, director of the US-Cuba Trade and Economic Council believes any Cuban delaying strategy would be unwise for Cuba. “Cuba will never have a more compliant negotiating partner than it does in the Obama Administration.” Kavulich also believes the Cuban government needs to recognize that there will be no specific monetary reparations from the U.S. side.
Kavulich also wondered whether the Obama Administration views the compensation issue as a priority. The U.S. “claimants have not seen the effort they deserve.”
Like what I see. In $NUVM!
Conveniently I have some funds for tomorrow... :) let's see if we have an impatient person wanting to dump!
I'm also hearing a little uproar saying the claims should include actual inflation, not just the 6% simple interest. I agree with this stance, since who knew the 6% wasn't enough to account for inflation back in 1960. Can you imagine that surprise? I'm assuming Cuba's claims have inflation, not simple interest. Who knows?
I'm not. It seems most people were generating buzz on MNII originally while FRAZ was on silent mode. Seems like more people are seeing that one now too. Eventually it should run a little higher I would think.
No, MNII has $48.6mil claim plus interest and OS 1.28mil. FRAZ has $52.6mil claim plus interest and OS 575k.
FRAZ - 575k OS, $52.6 claim, mills and port still operating. Just more possibilities than MNII IMO. Really can't go wrong with either!
I'm cool with whatever gets me 20k more shares cheap! In this case, it's not the journey, but the destination. $MNII
There's probably a 1,000 examples of this, but the current PPS here is out of whack! I looked at a random stock like 'INS' and its last financials. A company that has $22mil in assets, $10 mil liabilities and barely bringing in $5 mil a year with 9 mil OS is trading for around $4! Yet we have $48.6mil assets, no liabilities and potential cash of $211 mil with an OS of 1,280,597 and we're at a PPS of $.40. There's no reason we shouldn't be at $5 today before a settlement is reached.
The Company expects to close several important transactions in Q3
My favorite quote from that article! Nice find :)
$YSTR
Yeah I was just curious because I know there had been talk about them filing a form 15 with the SEC. I was just trying to see if they might have already done that? I feel like they might have some agreement completed already. Heck it's 42 years later and they're still going! I have zero concerns about the SEC with this stock.
I agree that they will be fully reporting soon. I do know they pay a firm to make sure they have all the proper filings they need (corporate creations network inc.). They seem like a big player in this regard, so that's good they have someone looking out for them!
What still unbelievable is the PPS and how low it is! Looking for more buying to resume shortly. The secret of these is slowly spreading!
$MNII
If a stock is suspended for trading by the SEC while on the OTC, how does it begin trading again? No worries here... Just curious. I see that in 1974, this stock was suspended by the SEC while on the OTC. However, it is trading again (obviously). So what did they have to do to start trading again?
Well said brother! There definitely is an ebb and flow to trading. I always wondered if it was karma, luck, etc... I just figured there's moments that clarity comes in and certain things make sense, when maybe a day or so ago they might not have. Keep on doing what you do! Your help will be rewarded one way or another...
The PPS appreciation isn't for 'no reason'. But your great DD should have seen that. And you're worried about a form 15? Which they may have filed many years ago. How do you know they didn't? They were filing 8k's until the 90s per SEC records. Don't spread assumptions as facts. And it's not a shell... Seriously, didn't you look at all?! Something tells me you have a bid in ;) Good luck!
Dude! LMAO missed your entry? Good luck with that theory...
FRAZ will show up soon too. MNII already was showing OS on Scottrade(?) before anyways and FRAZ didn't show anything. I'm not worried. It's coming too...
I wish the person at .45 would realize we were hitting .50 earlier and raise their ask. Why undercut on a stock where you have to hit the ask to get in? Lol
$FRAZ going up more tomorrow...