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EPCG Browning continues to buy ~ 206,282,920
http://www.secform4.com/insider-trading/1409445.htm
EPCG Browning added another 7,000,000 ~
http://www.secform4.com/insider-trading/800401.htm
Browning added 7,000,000 ~
http://www.secform4.com/insider-trading/800401.htm
---Now, if they PR'rd saying they got a $1,000,000 loan at 6% interest, then that would be worth PRing.---
But then you would question why they didn't get an interest rate of 5.5% ~
Agreed JimsZ - Short term until Browning has something happen on his end to encourage more buying he may be content waiting down here for the restless to sell to him. Long term this could be a very nice play (imo) once he gobbles up all the shares he wants. I doubt that was his 1.25m purchase today at the same price he sold for last week. If he gets antsy we move up. If he's in no hurry the weak sell to him. Time will tell.
glta ~
Press Release Source: Eternal Image, Inc.
Eternal Image Engages Selective Development to Secure Financing
Tuesday March 10, 2009, 3:43 pm EDT
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Eternal Image, Inc. (OTC:ETNL.PK - News), a public company engaged in the design, manufacturing and marketing of licensed brand funeral products, today announced that it has engaged the services of Selective Development LLC to establish flexible non-toxic financing for Eternal Image to meet current demands and future opportunities.
“We have formed a true business partnership with Shane Swetel of Selective Development,” said Clint Mytych, CEO, Eternal Image. “We believe the scope of success for Eternal Image relies heavily on financial security. We look forward to the expertise and objectivity this reputable consulting firm will bring to Eternal Images’ immediate growth and future developments.”
Selective Development LLC offers management consulting services with specialties in business financing, merger and acquisitions, venture capital and private equity. The company prepares various types of funding projects for presentation to numerous banking services.
“While working with Eternal Image I have realized that they are truly capable of being a one-hundred million dollar a year company,” said Shane Swetel, owner, Selective Development LLC.
EQUR update
Equus Resources, Inc. Issues Company Update
Monday March 9, 2009, 8:45 am EDT
Buzz up! Print PONTE VEDRA BEACH, FL--(MARKET WIRE)--Mar 9, 2009 -- Equus Resources, Inc. (Other OTC:EQUR.PK - News) corporate secretary, Marty Zell, is offering the following statement to outline an update on the company and the investment community at large regarding the current state of the company:
"We are pleased to announce two new members of the Board of Directors. They are Bert Watson, Jr. (previously a director and interim president of the company), and Dean Bradley. Dean Bradley was elected to serve as president of the company and a board member.
"Mr. Bradley has served as CEO or President of multiple companies in both the public and private sectors. He has founded over a dozen companies and launched startups. He is the CEO of an aerospace/aviation corporation that has signed a letter of intent to merge his holding company into Equus Resources, Inc.
"The board will be updating our issuer information statement and entering into a definitive agreement to merge with Mr. Bradley's current company.
"The goal of the company is and has been to clean up the corporation on which to base future efforts to find a merger partner that will assist us in re-establishing value to our investments. After reviewing many plans we believe this merger to be an excellent opportunity for our shareholders.
"We will keep you informed as to the progress as it develops."
NITE @ .0195
Equity Hive - No shares shown for Schaftlein but has a couple of other names ~
Name Title Total Securities Owned Total
SCHAFTLEIN MARK President and C.E.O.
Miller Ira William 10% Owner 10,505,000
Haryman Gerard Pres./COO 2,986,829
Browning John T 10% Owner 194,424,920
http://www.equityhive.com/Main/Company/Insiders.aspx?s=1830
Top 10 Other Holders: EPCG Mr. Mark Schaftlein 5.25 M shares
Effective on February 11, 2009, the Board of Directors of Northern Explorations
Ltd., a Nevada corporation (the "Company") accepted the resignation of Ralph
Claussner as the President/Chief Executive Officer and a member of the Board of
Directors of the Company. Effective February 11, 2009, the Board of Directors of
the Company approved the appointment of Mark Schaftlein as the President/Chief
Executive Officer and a member of the Board of Directors of the Company.
Norex Seeks Acquisitions
02/17/2009
Mr. Mark Schaftlein, recently appointed President and CEO of Northern Explorations Ltd. (Norex), has identified significant opportunities in the wind energy sector through business contacts within the industry. The Company is currently reviewing these prospective acquisitions with an eye towards harmonizing wind energy and natural gas assets into a strategic plan designed to rapidly develop an effectively convergent "green energy" organization. Company C.E.O. Mark Schaftlein states, "We have here an opportunity to develop a company that offers a significantly enhanced outlook by capitalizing on tangible prospects that can deliver a clear path to success. America must move rapidly toward environmentally responsible energy independence, this is an unassailable fact. To deliver on this promise we are positioning ourselves to acquire and develop commercially viable projects that fit this fundamentally sensible criterion. We strongly believe in a framework of programs such as those espoused by Mr. Pickens and see a great economic future in the marriage of energy assets such as natural gas and wind power. As we conclude our review process, we look forward to announcing further details of these proposed new projects in the coming days."
John T. Browning - West Texas Royalties
Areas of interest.
*Oil, Natural Gas, Wind, Minerals. Producing, Non Producing, Working Interest and Non-Working interest.
.015 x .019
Beer money to celebrate what's coming? :)
lol - I actually deleted that thought from my previous post as to not frighten any of the weak hands. He started accumulating late 2007 then sold a little at .0006 only to be able to completely load the boat at .0001 in 2008. Hell - it's a thought - fake a sell or two and pick up the cheapies! Sell 115k @ .0006 then 5mil @ .0004? I can't imagine anyone that picks up 200mil of anything would need $2,069 for something.
I've been wondering that myself.
5. SOLM votes for or against reverse split ~
5. Reverse split ~
AVTI - 5's up ~
AVTI 4's printing - nice call!
New - FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 11, 2009
Solomon Technologies, Inc.
(Exact name of registrant as specified in its charter)
Delaware 000-50532 52-1812208
(State or other jurisdiction of
incorporation) (Commission File Number) (IRS Employer Identification No.)
14 Commerce Drive
Danbury, Connecticut 06810
(Address of principal executive offices, zip code)
Registrant's telephone number, including area code: (203) 797-9586
(Former name or former address, if changed since last report)
--------------------------------------------------------------------------------
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
--------------------------------------------------------------------------------
Forward-Looking Statements:
Some of the statements in this report are forward-looking statements that involve risks and uncertainties. These forward-looking statements include statements about our plans, objectives, expectations, intentions and assumptions that are not statements of historical fact. You can identify these statements by the following words:
- "may"
- "will"
- "should"
- "estimates"
- "plans"
- "expects"
- "believes"
- "intends"
and similar expressions. We cannot guarantee our future results, performance or achievements. Our actual results and the timing of corporate events may differ significantly from the expectations discussed in the forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements. Potential risks and uncertainties that could affect our future operating results include, but are not limited to, the risks described in our Annual Report on Form 10-KSB for the year ended December 31, 2007.
Item 2.04. Triggering Events That Accelerate of Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.
On February 11, 2009, the Company received notice from Jezebel Management Corporation (“Jezebel”) with respect to Jezebel’s senior secured promissory note dated March 16, 2005. Jezebel’s promissory note is one of nine similar such notes that were due on January 15, 2009.
Jezebel demanded payment of the principal balance of its note in the amount of $728,000 plus accrued interest in the amount of $273,678.
The President of Jezebel is Michael A. D’Amelio, a director of the Company and its Secretary.
--------------------------------------------------------------------------------
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
SOLOMON TECHNOLOGIES, INC.
(Registrant)
Dated: February 12, 2009 By: /s/ Peter W. DeVecchis, Jr.
Peter W. DeVecchis, Jr.
President and Principal Executive Officer
ARTA .015 x .023
Yes, todays filing made it clear the possibility for a R/S is there and I agree the company has an excellent future ahead. My question is WHY spook shareholders/potential buyers with the thought of a R/S if they're not going to go through with it? I don't know if the share price is going to tumble from here on this news but I'm certain many are going to stand back and watch for the near future before buying.
"Would it make sense to get in after the r/s ?"
We're not even sure there will be one. Just the suggestion that there could be one will inflict enough doubt in current shareholders or possible buyers.
It's a catch 22 IMO. Bail now only to find out they vote against it and you might miss out. Hold now only to find out they vote for it and you're screwed (for the time being).
Irregardless of the outcome the share price is bound to take a bigger hit in the near future IMO. I'm a little confused by the filing today 'suggesting' a R/S could be coming. They must have known this would not be taken lightly. I'm used to a R/S being announced and that's that. Now everyone must decide for themselves which path to take. I know what my decision was/is.
"....having said that, R/S's absolutely suck..."
Yep ~
The wonderful world of penny stocks! lol ~
ARTA .012 x .019
---And what is 'transaction code 'G'?---
That is the "1. Bona fide settlement per court order on September 14, 2007"
Other Section 16(b) Exempt Transaction and Small Acquisition Codes (except for Rule 16b-3 codes above)
G - Bona fide gift
L - Small acquisition under Rule 16a-6
W - Acquisition or disposition by will or the laws of descent and distribution
Z - Deposit into or withdrawal from voting trust
Other Transaction Codes
J - Other acquisition or disposition (describe transaction)
K - Transaction in equity swap or instrument with similar characteristics
U - Disposition pursuant to a tender of shares in a change of control transaction
lol - need to keep those skills sharp
Market Makers - A market maker is a firm that quotes both a buy and a sell price in a financial instrument or commodity, hoping to make a profit on the bid/offer spread, or turn.
http://en.wikipedia.org/wiki/Market_maker
Press Release Source: Eternal Image, Inc.
Eternal Image Signs Agreement for Extra Large Booth Space at the 2009 National Funeral Directors Association Expo in Boston
Thursday February 5, 2:01 pm ET
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Eternal Image, Inc. (OTC:ETNL.PK - News), a public company engaged in the design, manufacturing and marketing of licensed brand image funerary products such as caskets and urns, today announced it has signed a contract with the National Funeral Directors Association for a 2,000 square foot booth at the 2009 NFDA Expo to be held in Boston from October 25-28.
“Last year we tripled our booth space which gave us the opportunity to display a great deal of product,” said Clint Mytych, CEO, Eternal Image. “It proved to be a huge success. We sold nearly all of the displayed products right from the showroom floor and took far more orders than we even expected. This year another expansion will give us room to showcase new lines and products.”
In 2008, Eternal Image filled a 1,600 square foot booth in the Orange County Convention Center with more six brand-specific lines of product, including caskets, urns, vaults and monuments. The company also introduced a sports-themed line of bronze medallion headstone markers and pet memorial garden markers. The firm was a finalist in the 2008 “Best Booth” competition, (which it had won in 2007,) and was a focal point of the show, attracting media coverage with its unique product lines and special guest appearances.
For more information about Eternal Image, please visit www.eternalimage.net or call 1-888-6-CASKET.
Press Release Source: Eternal Image, Inc.
Eternal Image Begins Taking Orders for Line of Urns Featuring Major Universities
Thursday February 5, 10:06 am ET
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Eternal Image, Inc. (OTC:ETNL.PK - News), a public company engaged in the design, manufacturing and marketing of licensed brand funeral products, today announced that it has begun taking orders for its line of licensed urns featuring the brands of several major universities.
“Our line of university-branded caskets was very well received at last years’ National Funeral Directors Association Expo,” said Clint Mytych, CEO, Eternal Image. “The urns expand our collegiate product offerings to our distributors and we look forward to adding new schools to the line during the coming months.”
The rounded urns stand 11.25” high and 9.5” in diameter and feature a burled wood finish embellished with a university emblem. The urn is flanked by four columns that resemble marble pillars. Each urn is accented with the school’s colors and a gold nameplate for personalized engraving.
For a full list of universities currently available in the line, call 1-888-6-CASKET.
c-ya tomorrow SP ~
-----and then had a MASSIVE SELL OFF... i wonder why?-----
It was up 130% in one afternoon + the first hour trading the following day. Several million shares were bought between .006 and .008. Most sell with 20%+ gains so given 100%+ in a few hours I'd expect that kind of selling everytime.
.024 to .012 is a 50% loss. If you lost 100% from .024 you'd have nothing. If it had started at .024 and closed at .01 would you have lost more than 100%? Can you lose more than 100%?
I'm no mathematician but if SOLM were down 100% from .024 wouldn't it be at 0?
Please, let's not try to mislead shareholders.
---SOLM is down 100% from .024 just a couple of days ago.---
MM's moving off the ask with less volume now ~
.01 x .012 3x1 nice support ~
Yep - you misread:
"have you noticed ACTC with over 1b OS, being in the right space at the right time just like SOLM has went from barely a penny to over a QUARTER in weeks.."