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CTVWF No one giving up those gaines yet and people on the sidelines are afraid of the warrant holders. I understand that. Build a position here slowly or buy and be patient.
more consolidaation IMO. If there is short interest here you have to make them cover. Despite the sec regs. They will only cover this if the fundamental story changes. It looks like it is changing but until we here from the CEO. consolidation and patience. Still plenty of people that want those 2's
gl
PRTL is the big seller gone. I don't know .70 .
you called that60 dollars ago. I said short it at 80. holy chit
SNTKY they are nibbling. buy a couple thousand shares and let it cook
TTGL here is the PR
Press Release Source: Titan Global Holdings, Inc.
Titan Global Holdings Oblio Telecom Unit Announces Settlement With AT&T
Monday October 15, 3:30 am ET
Oblio and AT&T Poised to Resume Long Term and Successful Strategic Relationship
DALLAS--(BUSINESS WIRE)--Titan Global Holdings, Inc. (“Titan”) (OTC BB: TTGL - News), a high growth diversified holding company, announced today that Oblio Telecom, Inc., (“Oblio”), a unit of Titan’s Communication Division, settled the Company’s claims related to its previous payments of Universal Service Fees (“USF”) to AT&T. Under the settlement, Titan will recognize a one-time gain of $7.2 million that the Company will apply to Oblio’s trade debt. The settlement agreement amicably reconciles the dispute between Oblio and AT&T.
ADVERTISEMENT
AT&T’s new leadership, following AT&T’s merger with SBC Communications, created an atmosphere for both companies to resolve this dispute and renew their relationship. As a result of the settlement, Oblio and AT&T prepaid can now negotiate a new comprehensive agreement that would enable both companies to resume their storied and successful long term relationship.
In the wake of recent and compelling changes in the competitive landscape related to the prepaid communications business, Oblio concluded that a strong relationship with AT&T was of great strategic importance to the Company and its customers.
StartTalk Inc., another unit of Titan's Communications Division that owns and leases telecommunications hardware for its network operations, will continue to expand its products to support Oblio and its other clients. A strategic relationship with AT&T and StartTalk will enable Oblio to exploit the strengths of each in the international prepaid telecommunications space.
"A renewed relationship with AT&T will give Oblio’s distribution channels more options when deciding on which international communication prepaid products to distribute," said Kurt Jensen, President and Chief Executive Officer of Titan's Communications Division. "We expect AT&T prepaid products to be complimentary, not predatory, to those of our StartTalk unit."
“Given the recent exit of Sprint from Oblio’s prepaid products and other changes in the competitive landscape, our team concluded that a unique opportunity existed for the emergence of a seasoned and experienced Tier One partner,” said Bryan Chance, President and Chief Executive Officer of Titan Global Holdings. “The new management in AT&T’s prepaid group created the environment for Oblio to resolve its USF disputes with AT&T and set a course for a renewed and beneficial strategic relationship. We are hopeful we will complete a new comprehensive strategic agreement with AT&T in the coming weeks.”
Oblio is poised to exploit AT&T’s network prowess and experience in prepaid products with Oblio’s proven distribution channels and operations. Oblio’s management has identified significant business development opportunities for revenue and earnings acceleration through AT&T prepaid products.
"The settlement between Oblio and AT&T will result in a one time gain of approximately $7.2 million. This gain will be recognized in the first quarter of fiscal 2008," said Scott Hensell, Chief Financial Officer of Titan Global Holdings. “The planned resumption of our relationship with AT&T will pave the way for continued revenue and earnings growth in our Communications unit.”
Previously Titan announced it can use its cumulative net operating losses ("NOL's") against the net income generated from Oblio. Pursuant to Internal Revenue Service regulations, Titan's qualified NOL's are preserved and available against net income from the Oblio unit. The one time gain from this settlement will be offset by Titan's NOL's. Therefore, one hundred percent (100%) of the recovery has been applied for reduction of Oblio’s trade debt.
About Titan Global Holdings
Titan Global Holdings, Inc. is a high-growth diversified holding company with a dynamic portfolio of companies engaged in emerging telecommunications markets, advanced technologies and energy. In its last fiscal year Titan generated in excess of $109 million in revenues on a consolidated basis.
Titan's Oblio Telecom Inc. ("Oblio") telecommunications subsidiary, based in Richardson, Texas, is a market leader in prepaid telecommunications products and the second largest publicly-owned international telecommunications company focused on the prepaid space. Oblio leverages strategic agreements with Tier 1 telecommunications leaders Sprint and Level3 to supply its brand-name prepaid calling cards. Annually Oblio sells an estimated 35 million of its brand-name prepaid calling cards through its established distribution channels estimated at more than 60,000 retail outlets.
Titan Wireless, Inc. ("T Wireless") is Titan's wireless subsidiary and is a mobile virtual network operator ("MVNO"). T Wireless sells its MVNO prepaid wireless products and wireless services through Oblio's established distribution channels. Titan's Electronics and Homeland Security division specializes in advanced manufacturing processes to provide commercial production runs and quick-turn delivery of printed circuit board prototypes for high-margin markets including Homeland Security and high-tech clients.
Alert TTGL just got 7.2 million dollar Judgement from ATandT and they were flush with cash as it is. They are going to break to the next level. We have been singing about them since 1.00 Remember the company is still buying back shares.
PRTL is the overhang gone. The overhang here is not dillution but a big holder exiting the issue. Almost done. Gonna pop and head north
INIS so safe to play with long term cash. Free money..IMO
erfw will do what abat now gbt did in one year and that is go from .56 to 9 dollars. ERFW's business model has a solid repeating revenue base and an ever expand client list. they are CFP and the Q over Q growth is exactly what you are looking for. When the next Q comes out to confirm the continued pattern you will chase this to three bucks and so on. IMO
Thnx you are very kind
all credit to Servc. gltu
Repost for potential investors (essential)
Posted by: stervc
In reply to: None Date:10/14/2007 2:45:49 PM
Post #of 31400
The CBAY History as of 14 Oct 07…
Below are the historical facts for CBAY from Jan 07 to Oct 07 to help get familiar with the current CBAY situation. I will stick only to what has been confirmed as the facts for the first half of this post. The second half of this post will be some thoughts as to how some might be viewing some of those facts and why. This post is only a tool to use to help one have somewhat of an understanding with the CBAY situation.
On 4 Jan 07,
** Form 8-K filed with the SEC that the company cancelled 31,000,000 shares of Preferred stock on January 3, 2007.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=4857500
On 13 Apr 07,
** Form 15-12G filed with the SEC to terminate its registration from the OTCBB to go to the pink sheets. Details of this action are talked about later below.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5102819
On 26 Apr 07,
** Form 8-K filed with the SEC that Roger Pawson resigned as President and CEO and Secretary and Treasurer due to health issues.
** Prior to resigning Andrew Mercer was appointed as President, Secretary and Treasurer.
** Effective Immediately. Pawsons "resigns" do to health reasons. Mercer takes over.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5123464
On 27 Apr 07,
** Decreased Authorized Shares (AS) with the Nevada Secretary of State (SOS) from 225,000,000 shares to 200,000,000 shares.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=9cot3v%252bVjk2YD8rebTuo%252bQ%253d%253d&CorpName=CAL-BAY+INTERNATIONAL%2c+INC
On 21 May 07,
** Form 8-K filed with the SEC that Andrew Mercer, the President of Cal Bay International, Inc. resigned as President and CEO effective May 18, 2007.
** Subsequent to his resignation, Roger Pawson, Director was re-appointed to the position of CEO and President. Mr. Pawson’s resume is available through prior filings.
** Currently the Company’s contact information remains the same.
** The Company remains fully operational and continues to maintain its property portfolio.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5195166
On 31 May 07,
** Increased Authorized Shares (AS) with the Nevada Secretary of State (SOS) from 500,000,000 shares to 2,000,000,000 shares. For some strange reason, there was no mention of the increase of the AS to 500,000,000 shares.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=9cot3v%252bVjk2YD8rebTuo%252bQ%253d%253d&CorpName=CAL-BAY+INTERNATIONAL%2c+INC
On 11 Jun 07,
** Cal-Bay is avidly pursuing the $14 million Stonewal Estates 1st Trust Deed accounts receivable owed to the company in the California courts.
http://otcbb.com/asp/Info_Center.asp
(Enter the symbol CBAY and then click on the news button in the scroll window.)
On 12 Jun 07,
** Cal-Bay announced that its Portfolio Asset Value = $47.7 million.
** Cal-Bay announced that its equity position is approximate: $18.5 million.
http://otcbb.com/asp/Info_Center.asp
(Enter the symbol CBAY and then click on the news button in the scroll window.)
On 19 Jul 07,
** Increased Authorized Shares (AS) with the Nevada Secretary of State (SOS) from 2,000,000,000 shares to 3,000,000,000 shares.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=9cot3v%252bVjk2YD8rebTuo%252bQ%253d%253d&CorpName=CAL-BAY+INTERNATIONAL%2c+INC
On 9 Aug 07,
** Increased Authorized Shares (AS) with the Nevada Secretary of State (SOS) from 3,000,000,000 shares to 4,000,000,000 shares.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=9cot3v%252bVjk2YD8rebTuo%252bQ%253d%253d&CorpName=CAL-BAY+INTERNATIONAL%2c+INC
On 16 Aug 07,
** PR-ed that On August 14, 2007 Plaintiff Edgewater Homes, LLC, in an Orange County Superior Court Case titled Edgewater Homes, LLC v. Cal-Bay International Inc., et al. OCSC Case Number 07CC08736, successfully obtained an ex-parte temporary protective order restricting the sale of any assets of Cal-Bay International, Inc.
http://findarticles.com/p/articles/mi_pwwi/is_200708/ai_n19465916
AT THIS POINT, THIS IS WHERE EVERYTHING STARTED CHANGING FOR THE BETTER! OUT WITH THE OLD, IN WITH THE NEW!
(Still sticking with facts.)
On 6 Sep 07,
** Form 4 filed with the SEC by Syed Hasan Rizvi confirming his purchase of 37,000,000 shares for official confirmation of ownership.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5414059
On 11 Sep 07,
** Form 8-K is filed with the SEC stating that Roger Pawson has been terminated as President and CEO of CBAY effective September 06, 2007.
*** Same 8-K named Syed Hasan Rizvi as the new Director, CEO, and President.
*** Same 8-K stated Mr. Rizvi's resume will be made available.
*** Same 8-K stated that currently the company's contact information remains the same.
*** Same 8-K stated that the company remains fully operational and continues to maintain its property portfolio.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5420975
On 14 Sep 07,
** Form 8-K filed with the SEC to announce that on Thursday September 11, 2007 Cal-Bay International, INC. had been acquired by Lenox Corp LTD, a Georgia Corporation specializing in Real Estate Development, Management, Marketing, and Investment.
** This deal was authorized by Syed Hasan Rizvi President, CEO, Director, and 89.7% majority shareholder in Cal-Bay International, INC. More details are within the link below.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5427241
On 18 Sep 07,
** Form 8-K filed with the SEC for actions taken on Wednesday September 17, 2007 to announce that its Board of Directors had unanimously approved a 1,000-for-1 forward split of its common stock which was expected to become effective as of September 20, 2007 (the "Effective Date").
** As of September 17, 2007, there were approximately 168 holders of record of Existing Common.
** This filing importantly stated that “At the date of this Information Statement, there were approximately 41,235,548 shares of Common Stock outstanding.” That was as of 17 Sep 07.
** It also mentioned that the Company's Board of Directors has obtained written consents for the amendment to the Certificate of Incorporation from stockholders owning approximately 37,000,000 shares voted for the Amendment, representing approximately 90% of the votes of the Company's outstanding stock. Further details are within the link below:
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5430925
** The split was cancelled per from the TA as it never showed up on the daily dividends list either.
On 18 Sep 07,
** Another Form 8-K was filed with the SEC for actions taken on Thursday September 18, 2007 to inform the public that CBAY and LNOX have mutually terminated the Asset Sale Agreement which was made public September 14, 2007 via press release and SEC Form 8-K.
** Stated that the shares of CAL-BAY International, INC. will not expire on October 1st, 2007 as previously stated.
** Stated that the company will continue its operations as usual without any changes to current management or ownership of the company.
** The reason this deal was terminated because the company did not consider the payment sufficient for the company's assets being purchased.
** The company will retain its name, trademarks, all assets subject to the terminated purchase agreement.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5432609
On 18 Sep 07,
** Form 4 was filed with the SEC by Syed Hasan Rizvi (the new CEO) confirming he had purchased 100,000,000 shares at .0001 per share bringing his total amount of shares owned and purchased to 137,000,000 shares.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=543266
On 19 Sep 07,
** Form 4 was filed with the SEC by Syed Hasan Rizvi (the new CEO) confirming he had purchased 60,000,000 shares at .0001 per share bringing his total amount of shares owned and purchased to 197,000,000 shares.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5434994
On 21 Sep 07,
** Form 4 was filed with the SEC by Syed Hasan Rizvi (the new CEO) confirming he had purchased 500,000,000 shares at .0001 per share bringing his total amount of shares owned and purchased to 697,000,000 shares.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5438569
On 21 Sep 07,
** Form 4 was filed with the SEC by Syed Hasan Rizvi (the new CEO) confirming he had purchased 503,000,000 shares at .0001 per share bringing his total amount of shares owned and purchased to 1,200,000,000 shares.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5438591
On 24 Sep 07,
** The Authorized Shares (AS) increased from 4 billion to 6 billion.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=9cot3v%252bVjk2YD8rebTuo%252bQ%253d%253d&CorpName=CAL-BAY+INTERNATIONAL%2c+INC
** Confirmation through Transfer Agent (TA) and Nevada SOS that it was Pawson, the old CEO’s doings and not the new CEO doings.
** The TA did not and will not acknowledge the increase of the shares in the AS as Pawson had tried to have them issued. Details of these actions are talked about later below.
On 24 Sep 07,
** A Form 4 was filed with the SEC by Syed Hasan Rizvi (the new CEO) confirming he had purchased 700,000,000 shares at .0003 per share bringing his total amount of shares owned and purchased to 1,900,000,000 shares.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5440911
** This gives the new CEO a total of 1.9 billion shares that he spent $330,000 to obtain.
On 2 Oct 07,
** Filed with the Nevada Secretary of State (SOS) the Resident Agent Resignation.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=9cot3v%252bVjk2YD8rebTuo%252bQ%253d%253d&CorpName=CAL-BAY+INTERNATIONAL%2c+INC
** The resignation of the old CEO as the Registered Agent had to be done before coordination with any Transfer Agent (TA) could be finalized for reporting the share structure and other bookkeeping responsibilities from any TA.
Form 4 Info & Posts for CBAY
Must File with SEC No Later Than 2 Days after Transaction
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23100934&txt2find=cbay
With the CBAY Form 4 Share Purchases
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23129467&txt2find=cbay
SEC Confirmation of 6 Month Wait to Sell & All Profits Back to Company
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23650788
How to Interpret the New CEO Form 4 Purchases of Shares
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23202100&txt2find=cbay
Things to Now Consider with CBAY
** The new CEO of CBAY had recently filed that the Outstanding Shares (OS) is 41,235,548 shares, but yet spends $330,000 to buy 1.9 billion shares which is a substantial amount over the OS he filed with the SEC. Why??? Is there really a deficit proving a naked short? Are these legit or illegit shares? We await further confirmation.
** The CEO has not PR-ed anything, so for some reason he is trying to not bring much attention on CBAY just yet as all of the above Form 8-Ks and Form 4s were all filed with the SEC.
** It doesn’t matter what I think or what you think, but what matters is what the market thinks. The Securities and Exchange Commission (SEC), although not perfect, are the governing authority for securities and recognized by the market as such. Credibility is established through the SEC no matter how much we believe or not believe what is filed.
** CBAY had previously issued a .01 cash dividend. The cash dividend changed from .01 per share to .04 per share listed under the pinksheets.com website back on 26 Sep 07:
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=CBAY
Why???
** Edgewater Homes, LLC has no idea what is going on with CBAY and its new direction. They are only concerned about getting the $600,000 compensation for closure. Jason A. Savlov was the legal esquire I spoke to. He also said that he was not aware of all that was going on with the securities. He had no idea that there was a new CEO or that he was filing Form 4s with the SEC buying back shares.
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23279460&txt2find=jason
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23084483&txt2find=jason
Potential & Logical CBAY Scenarios
CBAY Asset Valuation
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23081060&txt2find=cbay
CBAY Potential Cash Dividend
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23202469&txt2find=cbay
CBAY Not Authorized to Pull Certs
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23084300&txt2find=cbay
$400 Million Funding Approval
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23118275&txt2find=cbay
Conversation with Newspaper Editor about the $400 Million Project
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23173026&txt2find=cbay
Retire Shares or Convert to Preferred Shares
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23134516&txt2find=cbay
Hostile Takeover Logic
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23168173&txt2find=cbay
Possible Identification of the New CBAY CEO, Syed Hasan Rizvi
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23233058&txt2find=cbay
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23203125
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23203117
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23203134
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23202923&txt2find=rizvi
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23203140
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23278706&txt2find=cbay
CBAY Inquiries from SEC & OTCBB Market Integrity Department
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=22981323&txt2find=cbay
More CBAY Scenarios
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23279044&txt2find=cbay
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23517894&txt2find=cbay
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23656930&txt2find=cbay
Some Edgewater Homes LLC Lawsuit Thoughts
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23268043
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23268725
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23274970&txt2find=cbay
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23275268&txt2find=cbay
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23275522&txt2find=cbay
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23278573&txt2find=cbay
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23279460&txt2find=cbay
Possible CBAY Case Dismissal
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23629079&txt2find=dismissal
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23638335&txt2find=dismissal
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23647491
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23644988
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23644609
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23650705&txt2find=dismissal
Recent Property Tax Payments
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23602922
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23609132
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23634659&txt2find=tax
CBAY TA Thoughts
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23472885&txt2find=cbay
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23275522&txt2find=cbay
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23589724&txt2find=cbay
Understanding the CBAY Naked Short
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23517928&txt2find=cbay
CBAY Exit Strategy
http://investorshub.advfn.com/boards/read_msg.asp?Message_id=23517733&txt2find=cbay
v/r
Sterling
pleasant dreams
severance pay?. golden parachute?. I bought some of this lottery ticket but i have been also reading the sentiments of the long time longs here who have gotten "robbed" by pawson. I think they would push him out the airplane sans parachute and I think they would like to "pay" him also. Ithink we have something cooking here. but i fully acknowedge the past wrongs of the ex ceo...glta
marked for the supreme effort
dude your amazing. glta longs
hit that tuning fork OMMMMMMMMMMMMMMMMMMMMM. I got it. gl
TLTK, we missed the run and we missed the crash and we missed the 400 to 1 rm but it will run again. If we can do some paying attention there, and pay attention to current mkt cap and projected mkt cap then we should find a very respectable opportunity to catch this in an oversold position and get in for a run to proper evaluation. I will post on it
It looks like about 105 million shares. Plenty but plenty of room in the cap to grow. They will more than likely dillute this along the way to viability to about 180 to 200 million shares . Should easily support a mkt cap of 150- 200 million to the brink of ore being on the conveyor belts. I am high on the high side with the dillution. Could easily end up with only 150 million shares. time it or just buy it. Right here seems a safe entry.
ipre if you buy CTVWF, you know that there is going to be an overhang of many millions of shares however, I think that the volume will remain high and the sellers will let this approach .30 .35 before they outstrip demand with shares at the bid. I do think that fully dilluted and with the prospects as bright as they are that a very long term holder with no intentions of timing the mkt is safe to enter here to say the least. This has MNEAF writen all over it and BWLRF as well. I can't seem to find mkt cap info. will get back to board
IPRE, I drank tooooo much homemade wine last night. I should be in good shape for the open tomorrow. I really like CTVWF. What are you in at the moment.
I wanted to tell a couple of people about CTVWF and not spam another board
I don't think you are bashing and I have some thoughts to share. The naysayers will think me a simpleton but so be it.
1. I want to believe that there was an outlay of 330k for CBAY shares
2. I want to believe that the pr of the 18th can be believed on it's face and that is that the deal is terminated because the compensation for whatever asset value being transferred was not sufficient. Now a thousand people will tell you there is no asset value but even the rights to create value concerning the property list may have value.
3. so now with 330k of his own money on the line he has to drive the process as an ongoing concern
4. I think the purpose of the agreement that fell apart was to give CBAY equity holders enough working capital to go and get a clean shell and start all over.
5. I don't think it is a scam. We shall see gl
thanks.Did you know IPRE that all you have to do is add a little yeast to grape juice and you have wine. In saudi arabia it is indispensible knowledge "say goodnight Gracie"
Goodnight
no body should ever post when they have had a few. I have .. I hope you all get rich no mater what happens here...health and prosperity
IPRE, how do you send a PM
If anyone on this board buys that stock on the heads up here, I will be expecting a Christmas gift
More CTVWF. This is a good one. This baby is a buy and hold right where it is. IMO
Press Release Source: CityView Corporation Ltd.
CityView Confirms Significant Copper Mineralisation at Catabola
Monday September 24, 10:37 am ET
PERTH, Australia--(BUSINESS WIRE)--CityView Corporation Ltd. (OTCBB:CTVWF - News; ASX:CVI - News; FWB:C4Z), is pleased to announce it has confirmed heavy mineralised copper zones exist within the Longonjo Metals Project in Angola.
ADVERTISEMENT
These assay results, drawn from selective channel sampling of all of the old exploration adits at the Catabola prospect, will be targeted during the current drilling program.
CityView conducted channel sampling of 4 adits, representing approximately 230m of continuous sampling.
The assay results were very encouraging, with the best results coming from adit 2 which cross-cuts the entire mineralised zone at Catabola.
Sampling revealed an average of 84m at 0.81% copper in adit 2 within which exists a richer zone of 48.2m at 1.21% copper with a peak of 4m at 4.7% copper in one of the breccia zones. For a detail map of the Catabola project and to view the full assay results table, please visit: http://www.cityviewcorp.com/recentframe.html and click on the "SIGNIFICANT COPPER MINERALISATION CONFIRMED AT CATABOLA, SEPTEMBER 24, 2007" link.
CityView's consulting geologist, Mr David Furlong said, "These obviously are seriously good widths at these grades. The previous surface soil sampling results together with the results from our Phase 1 program are beginning to build a picture suggesting that the mineralisation sits within a corridor about 1km wide and open along strike. What these results give us is increased confidence that we may be seeing a large mineralised envelope with decent widths and grades."
CityView CEO, Mr Mark Smyth said, "The company is confident that we are sitting on a significant deposit, so we are keen to complete the 3000m drilling program as soon as possible to quantify the extent of its size."
About Longonjo Metals Project:
The Longonjo Metals Project is situated in Huambo Province in central Angola. The licence covers an area of 3,764 square kilometres and contains two distinct projects that CityView is currently exploring. They include the Longonjo Carbonatite Prospect (Rare-Earth, Phosphate and Niobium) and Catabola Prospect (Copper and Gold).
Mark Smyth
Chief Executive Officer
CTVWF is very interesting. They recently sold warrents and raised 2,65 million exercise price 12.5 cents
Press Release Source: CityView Corporation Ltd.
CityView Completes $2.65 Million Placement
Thursday September 27, 9:50 am ET
PERTH, Australia--(BUSINESS WIRE)--CityView Corporation Ltd. (OTCBB:CTVWF - News; ASX:CVI - News; FWB:C4Z), is pleased to announce that it has successfully completed the placement of 21.2 million ordinary shares at $0.125 per share to raise $2.65 million. For every two shares issued in the placement one free attaching unlisted option with an exercise price of $0.15 (15 cents) will be issued to investors exercisable any time up to 30 November 2009. Intersuisse Corporate Pty Ltd acted as manager to the placement, with the participation from local and overseas sophisticated and other investors under Section 708 of the Corporations Act.
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The Company will utilise the funds raised through this placement to fast track its drilling programme at the Longonjo minerals project and the development of its North Matanda PH72 project in Cameroon and the Kwanza Basin negotiations in Angola.
Mark Smyth
Chief Executive Officer.
About CityView Corporation
City View Corporation Ltd. is an exploration and development company. It is managements' objective to grow CityView into a significant uranium, beryllium, oil and gas project by developing its interest in Angola. The company trades on the OTCBB market under the symbol "CTVWF" and on the Australian Exchange under the symbol "CVI". For more information please visit the company's web site at: www.cityviewcorp.com
Forward-Looking Statements
CTPS the last three trading days have seen a elevated trading volume. It looks like it is in play. The new .52 week high will probably consiolidate a bit. The insider buying is positive but not startling. The revenues are steady but not showing growth but they are steady. The volume tells me that something is going on. It is a competitive mkt they are in but a big mkt..I just post because it is worth keeping an eye o
Ding, ding, ding, ding, ding, ding, ding, ding,
remeber this is a 15 rounder
Keymaster, I have to confess that I was not so gracious the other day in a response to Mordachi and I got deleted. The mods saved me from myself. There was something in his tone and a couple of LMFAO's in his post that set me off. Not a good moment for me. thnx and GOOOO CBAY
Arturo upon further reflection, I think that there seemed to be some good faith effort at portfoilio building here and there seemed to be some good faith effort at building equity. I have no doubt that the CEO was feeding himself first to say the least and that where he was paying some attention to the equity holders, that he made a mess of things BUT there is enough in play here for an astute real estate mind with some money to see value and make a go of it. I could not tell you how the unravelling will occur if it does, only that it seems possible to me that it could That is why I am here. All of your talk of A's and B's and well lets just say you are a better man than me to figure it all out. wish me luck as I don't see anything of a vindictive nature in what you post and I'm sure you wouldn't mind if I made a few bucks. Lord knows I could use it, deserve it is another issue. But I sure could use it. gltu
i gotta say arturo, you are a pretty sobering read. I hope that you are missing some glimmer. gl
a refreshing piece of honesty. not a tinge of vindictiveness or contempt. good post. I hope you are wrong
more jimmy..a lot more...critical mass is here. When the break comes and the trickle becomes a flood, the only question is when to sell. Since I am already prepared to walk away with nothing. I want 10x from my .0004 before I start thinking sell. Depending on the volume. See you there. I hope. all IMO
the place is crawling. Worth the price of admission.
wow quite the mouth ful..They are sure getting an early start over the weekend. It will be 48 hours of this. Geez that is one hell of a bash. Don't hold back please. Tell us what you really feel..