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great thanks for the updates,
announcement or press release/update?
there is the spirit....not sure why this thing is dipping all of a sudden
Let us know if you hear anything other than, wait, news is coming.
If you get a when, or why its taking so long that would be great.
its been a while since we have seen 700K traded, but its red so boo
Some interesting reading, AQUI looks like it wants to expand big.
AQUI's new U.S councel:
Naccarato and Associates
1100 Quail Street
Newport Beach, CA, 92660
United States
Led by Owen M. Naccarato
Owen M. Naccarato Esq., CPA, MBA
Chief Financial Officer and Director, GreenGro Technologies, Inc.
Board Members Memberships*
1999-2008
Former Director
FinancialContent, Inc.
2007-2008
Former Independent Director, Chairman of Compensation Committee, Member of Nominating & Corporate Governance Committee and Member of Audit Committee
South Texas Oil Company
2009-Present
Director
Trucept, Inc.
2012-Present
Chief Executive Officer, Acting Chief Financial Officer, Corporate Counsel, Secretary and Director
International Packaging and Logistics Group, Inc
2013-Present
Chief Financial Officer and Director
GreenGro Technologies, Inc.
I am sure the international packaging and logistics group CEO can be a helping hand to distribute our product.
From International Packaging and Logistics Group latest Quarterly
On January 1, 2010, International Packaging and Logistics Group, Inc., (“IPL Group Inc.”), acquired a majority interest in EZ Link Holdings, Ltd., company organized under the laws of the British Virgin Islands which contractually controls EZ Link Corporation (“EZ Link”), a logistics company headquartered in Taiwan. EZ Link was established in July 2003 under the laws of Taiwan, Republic of China (“PRC”) EZ Link is a full service international freight forwarder, who has current networks to locations in China, Hong Kong, South East Asia, North East Asia, North America, Latin America and Europe.
If something is in the works for a bottling plant in Canada, then the rest of the distribution network and people are setting up nicely for us.
Just some DD, lets see how it plays out.
Come on Aqui, give us the juice.
what ever makes its go high..literally and metaphorically
I don't want him to wait that long....July 2014 at the most....lol
another small gain, with small volume...nice close
Clearly he is waiting on something...Just what and when who knows? It's unlike him not to put a fluff pr once every blue moon.
Small accumulation over the last year, making the bid and ask move up. It may not look like a winner now, but whoever is buying has to have a reason. Once we find out, it will be too late to buy at these prices.
All my assumptions though. I still find it strange that about 18% percent of the float got bought up this year,
BK trial wrapping up this year, and D&O trial should wrap up this year as well.
Why the interest in the shares?
Its a risky bet, but maybe there is something in it for shareholders or merger or something?
We shall wait and see.
Yup, thats what I think. But seriously, I have seen grass grow in the north pole faster than this. LOL. Yes we have eskimos in canada too....french people, eskimos, prarie farmers....GO canada...
btw, i hope we teach you guys another lesson in hockey this afternoon....yesterday was gold
So what do you think is going here....the man has on a hold pattern for a reason. No one seems to be getting an answer other than, wait and news should be coming. Thats been since December, what is this blockbuster news we are waiting for, or since just his bluff again?
Thats the funniest thing i have heard...I am just picturing all our farmers out in the praries, hanging out with french canadians over croissants and barley beer. LOL. But I know what you mean.
I think that number is Paul's personal line, and he would purposely speak french to push away callers from calling him.
I would try contacting Paul through the website, he is pretty good in responding if you catch him on a good day.
Paul speaks English just fine.
So nothing?
Thanks for trying...
Believe me, I have no answers, and I dont think I can come up with the thought process this company is going through to make this plan work. I am as frustrated as the next guy.
But this is what I see, after three years of absolute silence and I mean zero volume and trading at 0.0003 or so...then around September 2012, things started to happen:
* financials got updated
* we heard from the company and got a few updates
* got new accountants and got a U.S attorney
to certify financial so we can go current
* a "claim" of a 2million dollar investments, that actually
showed up on financial statements
For that reason, I think something is in the works. If it was completely dead, why would all these events happen?
Why so long? I have no anwers.
Will anything materialize? Havent got a clue.
Is this frustrating? Absolutely.
Do we deserve better updates? For sure.
Can only watch.
It's only gone if you sold...chances are slim and small here, but all their steps they have taken in the last year to get upto speed are indicative of the continued effort to make this work.
Sure flippers and short term traders have not benefited from their ultra slow approach. I still think this little turtle can cross the finish line, as frustrating as it is to watch. Just my thoughts. And trust me, it a very painful stock to watch.
based on pure optimism
Aqui will make it happen, just a matter of time....
Let's not put too much hope on the one year time frame...we may get disappointed again.
Yes sir. Not cool.
ssbxq is also in the same situation...
FDID filed suit two years ago, and it should wrap up by the end of this year, all recoveries going back to fdic.
all d&o suits is going after insurance policies of directors and officers...a suit of 70million, they will only get 5 or 6....insurance policies arent that deep
what i dont get is, why is no one utilizing the shell for NOL purposes?
interesting, the least to say
If that is the case then we will be waiting till atleast the end of march. I getting a vibe that, the company is waiting on something to close, so they can announce it. I am not sure why but that is the feeling I am getting.
Is it related to the 2million, who knows?
Is it going to be another fluff pr to delay us? Maybe.
Something is in the works, and waiting for it to be announced.
Or else paul would have said something by now.
Red close, but nice volume, another 180k traded.
Let us see what tomorrow brings.
Welcome aboard Estrella...nice action today
103k, nice trade,
Thanks, been getting the same on my end...thought something would have showed up by this week, but I guess not.
that would explain the label on the bottle
SSBXQ 0.01!!!!!
Nice close today, looks like small and steady gains here.
Interesting to see why all the buying in the last 6-7 months.
0.0100
+0.0067 (203.03%)
late 2007
This is borderline funny and insane. It is like AQUI is testing the loyality of it's shareholders. How long will they last before they finally quit.
I wonder how many of us there are here, and how much we hold. All together 40 to 50 million shares if we are lucky. You think the compnay would feed us a bone every 3 or 4 months.
Lets hope they finally got it together....need an update, news about the 2million investment, and daily operations.
nice volume, nice close...something is up
Nice move today on low volume....wonder what's happenin?
an interesting read...
http://www.bizjournals.com/phoenix/news/2012/03/19/fdic-suing-former-silver-state-bank.html?page=all
Mar 19, 2012, 4:35pm MST
FDIC suing former Silver State Bank executives for negligence
Jennifer A. Johnson
Contributing writer- Phoenix Business Journal
Four former bankers from Silver State Bank were grossly negligent and approved Arizona and Nevada land loans in violation of the bank’s lending policies that ultimately caused the bank’s failure, according to a lawsuit filed by the Federal Deposit Insurance Corp. in February.
Silver State was based in Henderson, Nev., but had four branches in Arizona.
The FDIC is suing for $86 million tied to losses incurred by Silver State as a result of what the agency described as risky land loans made to developers in Arizona and Nevada.
Regulators accuse the bank’s CEO and chairman, Corey Johnson, and ex-Vice President of Real Estate Lending Douglas French, of hiring a loan officer, Timothy Kirby, that had no experience in credit analysis or appraisal review. The lawsuit paints a picture of a Phoenix banker that sought help from his superiors, and became increasingly desperate when he couldn’t get the professional training he needed. Despite that knowledge, he continued to collect lucrative commissions on the land loans he made.
Former Senior Vice President Gary Gardner was an experienced loan officer at Silver State Bank, but continually violated the bank’s policies in his lending practices, the FDIC alleged in its complaint. Loan officers also were rewarded hefty commissions, usually about 10 percent, on the bank’s fee income for all loans they originated. That created a culture that put profit before sound underwriting practices, regulators alleged.
As real estate development in Phoenix and Las Vegas boomed, Silver State bankers began financing parcels of land that were based on the estimated value of the finished project, rather than the raw, undeveloped land. In the boom years, bankers weren’t concerned about basing the loan values on undeveloped land because appraisals were steadily rising. The problem was that many of those projects were never completed or not viable — and the developers began to default in droves as the bottom dropped out of the economy.
In its claim against the Silver State bankers, the FDIC cited 14 loans, including a $20 million loan for a 157-acre residential project in Peoria, that incurred substantial losses for the deposit insurance fund. Most of those loans were acquisition, development and construction loans made between January 2006 and February 2008 — sometimes for projects that were not viable. Some of the loans were made to refinance or pay down the principal on previous loans from the now-defunct Mortgages Ltd.
Increased Risk
Bankers from Valley Capital Bank NA in Mesa and First National Bank of Arizona in Scottsdale also have been sued by the FDIC in the past year. They probably won’t be the last. Former directors and officers of failed banks in Phoenix and across the nation now face the greatest risk of being sued by regulators and shareholders since the Savings and Loan Crisis in the 1980s.
As of Feb. 14, the FDIC has authorized lawsuits in connection with 49 failed institutions and against 427 individuals for directors and officers liability, with damage claims of at least $7.8 billion since 2009. Regulators said Silver State’s collapse cost the deposit insurance fund about $550 million.
Zachary Gubler, an associate professor of law at the Sandra Day O’Connor College of Law at Arizona State University, said he expects a spike in the number of lawsuits filed against directors and officers of failed banks.
Using the savings and loan debacle as a reference point, the FDIC said it brought suits or settled claims against about 24 percent of the directors and officers of banks that failed between 1985 and 1992. Gubler said that’s probably a reasonable estimate for today.
Insurance companies the real battleground
Richard Amoroso, an insurance attorney at Polsinelli Shughart LLC in Phoenix, said the FDIC ultimately may be aiming to recoup losses from the deposit insurance fund by going after officers’ and directors’ insurance policies, which tend to have far deeper pockets.
“Historically, there has been some precedent in the insurance industry when regulators go after the officers and directors of failed insurance companies,” he said. “It’s not unusual for the liquidator to go after the D&O policy.”
The directors and officers of companies, including banks, typically have D&O insurance to protect them from lawsuits tied to their performance.
That’s what happened to the former directors and officers of FNB when they reached a settlement with the FDIC in August 2011.
Executives present at the wider FNB settlement and mediation meetings said the lawsuit and the subsequent $20 million settlement was just a procedural step that allowed the FDIC to sue the bankers’ insurance carrier, Catlin Group Ltd., a Lloyd’s insurance syndicate, which has denied liability.
Amoroso said the trend became more common after the WorldCom and Enron scandals, when regulators realized the significant assets available by suing the carriers of D&O insurance.
It’s very likely regulators will look at those policies and try to recoup some of the losses for the shareholders and the deposit insurance fund,” Amoroso said.
Maureen Beyers, an attorney with Osborn Maledon in Phoenix representing Kirby, said Silver State’s D&O policy also will cover Kirby, which is why she believes he was included in the lawsuit, despite the fact that he is not a former director or officer and was not involved in any wrongdoing.
“Chasing low-level bank employees who were acting in good faith and following directions from their superiors is not what the FDIC should be spending our federal tax dollars on,” Beyers said.
“The individual loans being questioned were presented to the bank’s senior loan committee with accurate data, and the bank was well aware of the exposure that accompanied each loan,” she said.
Beyers said Kirby was never an officer or director of Silver State Bank, and did not serve on the board or hold other leadership roles.
Patrick Egan, an attorney with Fox Rothschild LLP in Philadelphia, who is representing French, said the allegations in the complaint are based on a distorted view of what took place in the economic meltdown of 2008.
“The FDIC has overstated and cherry-picked the facts from a series of complex transactions. We are confident that Doug will prevail in the defense of this matter,” he said.
In a separate action, the FDIC’s enforcement section accused French of misconduct tied to several multimillion-dollar land loans and for his role in the failure of Silver State Bank. He agreed to a consent agreement that prohibits him from working for any FDIC-insured banking institution and to pay a civil money penalty of $35,000 to the U.S. Department of Treasury.
Johnson and Gardner’s attorneys could not be immediately reached for comment.
Silver State’s case number is 2:12-cv-00209.
I'm gonna guess someone talked to the company and was told a press release soon, and it was passed on to Ihub.
It didn't happen...the company is never accurate with the time lines, that being said, we are due for an update.
Company has completed its annual year, it's moved to current reporting status, it retained a U.S attorney as an agent for filings. This is besides the ongoing operations, of what happened to the two million investment, orders placed for the five container reported in the last quarterly, other investments sucks gold or mining operation.
Company is due for an update. Let's see it.