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Good find. It kinda sheds some light. I hope everyone does some DD rather than looking at todays headlines. The PR numbers do not add up IMO. But I could be wrong. Take a look at what happened to FCRZ today on just rumors of a merger. There is no PR to substantiate the PPS hike for FCRZ. Eve the guys that bought FCRZ today don't really know why it went up 1000%.
http://sec.edgar-online.com/2004/08/31/0001227528-04-000086/Section6.asp
During the first nine months of 2004, we originated approximately
$484,775,169.95 of mortgage loans.
These are good numbers but they do not look like the one's on the PR.
Do your own DD.
The only problem with with POFG is that it is not a reporting company. I would like to see form 8K if it were a reporting company to confirm any R/M. Otherwise the only proof of confirmation would be to call Amster. Does anyone have Amster's contacts? Amster appears to be too much of a premium company to be acquired by a pinksheet stock. It just looks too good to be true IMO. If it is true, them we would be sitting on a gold mine IMO.
How about CCMI? Check out their most recent PRs. Just about to hit profitability.
Volume is usually a sign of something about to happen. The green flags have been all over this one. Time to take off IMO.
Volume is usually a sign of something about to happen.
Here’s how I get my numbers even without the Merger. PTSH already have a contract worth $5.2mil. Plus there is another contract that was added a few days ago even though we don’t know the dollar value to it. Now, we got rid of Global Links Card Services, Inc., for $349,000. Global was not generating any revenues but incurring operating expense. So, we have income from discontinued operations of $349,000 and reduced expense.
Disability Access Corporation (DAC) is the one that landed the $5.2mil contract plus the other contract. With just the $5.2mil revenues, we have only realized about $200k, leaving us with another $5mil to be realized hopefully by next Q. Assume a profit margin of 30% (because we got rid of Global, thus lower operating expenses and a lower share structure).
30% x $5,000,000 = $1,500,000 + 349,000 = $1,849,000 Net Income
PWVG had 181mil O/S. and assuming that DAC(still waiting for a ticker symbol) does not retire any of these shares and trades all of them, then: EPS = Net Income divided by O/S
$1,849,000/181,000,000 = $0.0102 per share
Industry PE of 50 = PPS/ 0.0102
PPS = 50 x 0.0102 = $0.51 (This is my calculated PPS (0.51) even without adding the income that could be generated from the new contract). Hey Don, I’m glad you are still holding on this one and doubled up. I remember you got in at 0.004. Happy investing buddy.
P.S. My plan for now is to try and get the new shares after the R/M as soon as we get a new ticker symbol for DAC, and before they appreciate due to the expected revenues. One idea I have is to try and get some PWVG before it changes symbols and then wait for the conversion. I'm not sure whether it is going to work, but hey, I can afford to take some risk.
AL Gore called him fuzzy mathematician, but who became president?
I know PCLO will come through for us. The Resourcing Solutions Group, Inc. acquired all the stock 2 weeks ago for a reason.
http://biz.yahoo.com/e/061005/pclo.ob8-k.html. Why would the sub commit $525,000 for all the PCLO shares worth 0.0001? Something is up. Let's just wait and see. We will make money on every single upward spike from now onwards since we are at the bottom of the sea.
CCMI is about to be profitable in a few weeks time as per their PR. They have been generating earnings from a database they acquired a few weeks ago. Check their PRs.
happy investing
http://www.pinksheets.com/quote/company_profile.jsp?symbol=pclo
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0001200952-06-000256&Type=HTML
these numbers don't match though. I would go with the 10Q
I got my numbers from pinksheets.com 10Q report.(Same info should be on yahoo finance too) 14mil O/S and 10Bil Authorized. U could be right though about them dumping. However, One of the subsidiaries is now holding all the O/S and A/S shares by issuing a $500k promissory note according the 8k filed. Meaning that PCLO as the parent has not authority over the shares and the sub could be dumping them into the market at substantial discounts. FYI, I bought a few million after the R/S at .0001 and therefore I have no loss in PCLO other than the commission. DId you see PTSH today? Keep an eye on CCMI.
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001200952%252D06...
Does anyone know what the SEC website is for reporting suspicious activities? Something weird is happening to this stock IMO and I need to make sure the SEC looks into it.
CCMI needs to make a drastic move. Like become a reporting company. That way, all its PRs would be considered legit and people will take the company seriously. With the progress CCMI is making, the company does not need to be a pinksheet stock. They need to move to the OTCBB, where as a reporting company they would be considered as a serious company. No one knows the actual share structure of this company, and many investors do not trust pinksheet stock. For now, CCMI needs to update its company info on the pinksheets website. So, If CCMI is for real, it needs to file the necessary forms for it to be a reporting company. The PRs all sound good and maybe CCMI would now be trading in the $0.50 range if it was an OTCBB stock rather than a pinkie.
what's the other one you own. Mine are CCMI (Earning) and PCLO(posssible short squeeze)
http://www.shellstockreview.com/ssr-Home.html
Just a few examples of what a Reverse Merger can do for our PTSH. Up we go PTSH. You can do it.
I want 0.065 by end of day. PTSH!!!! You can do it.
Scottrade now showing 0.013 . Up we go
Scottrade now showing 0.013
0.34 has been my target with the merger. 0.65 with both merger and earnings.
Looks like the buying is for a reason. I wonder who is doing all the buying. Maybe someone knows something about the merger.
Today is even more weird. All these millions of shares trading and an ordinary investor cannot even get 1mil shares without having to wait for days.
Here's what I think could be happening.
1. Brokers are collecting the shares they lend out for PCLO to be shorted in Aug and Sept.
2. The MMs are trying to accumulated among themselves and in conjunction with the brokers because they know one way or another brokers will have to remove any restrictions on PCLO.
3. Since the company is allowed to purchase at 50% discount, they have been buying back some of the Naked Shorted shares on behalf of the brokers so that PCLO can survive as a publicly traded company without being driven under by the NSS.
4. Company is probably issuing convertible debentures behind our backs, which are being converted at 0.0001.
5. All these shares are not being traded in the open market because I cannot even buy 5mil without waiting for days.
6. The company is diluting as much as possible because the last 10q indicated that they have 14mil O/S and 10bil Authorized.
WOW. Did you see that volume today? Something is up. I have been trying to get 5mil shares but could not get filled even when the volume was averaging 28mil. Today's volume was 159mil but was able to get 1mil in 2 chunks. I wonder whether the Shorts' positions are getting covered behind our backs because Scottrade is not allowing online trades. One has to call in. Even so, Sept short positions indicated 30mil shares which might have been taken care of within one trading day. I have a feeling that there was a short squeeze but the brokers restricted PCLO inorder to avoid a mess like the one with PAIV. I hope they are done messing with it so we can start moving back to 0.25 where we are supposed to be. Or maybe someone knows about an outcoming knock-out revenues that would create a run causing the volume to increase today. With PCLO, I'd just wait and see. I have a feeling that this could be my next 20bagger.
I'd like to own some but I have scottrade.
or
http://www.shellstockreview.com/ssr-From-The-Profile-List.html
All we need is the news by tomorrow afternoon.
Take a look.
http://www.shellstockreview.com/ssr-Home.html
Tell them to order NOBO and the naked short squeeze will kick in. Up we will go. With 9.9mol O/S, I see 0.35 with a short squeeze.
Now we just have to wait for the merger to ice the cake and up we go. My target is 0.34.
I'm glad that we got rid of this non-performing subsidiary for $349,000. Now the Merger will even look better since we won't have to pay operating expenses for Global Links Card Services, Inc. ("GLCS") sub, which was reducing our profitability potential. Now I believe that we are merging DAC Inc, which could be huge. merging subsidiary, Glove Box Inc. could be good to because it is now marketing its products in china
Yap. News just around the corner. Seems like fat finger really was at work today.
This stock is so weird. The PPS just went up 100% and the bid disappeared. Talk about naked shorting! Company needs to look into it and report the issue to the SEC. About 2.7Bil traded in September while the O/S is 9.9mil shares. About 30mil shorted. Same thing happened when paiv went down to 0.005 with billions of shares trading while the company only had 58mil O/S. Then Paiv went from .005 to .35 in a few weeks because of a technical short squeeze. I believe PCLO is a technical short squeeze but only management can do something about it.
All the PRs have been coming on Thursdays. Looking good so far. I will wait as long as it takes to hit my $10 target if the share structure stays at 48Mil.
Management needs to read this.
http://www.sec.gov/rules/proposed/2006/34-54154.pdf
OT. Two stocks. PTSH and CCMI. Both have just come with outstanding revenues. PTSH is about to announce plans on a merger plus it already has a $5.2mil contract. CCMI could become profitable in a few weeks.
PCLO has been shorted like crazy and is trading at 0.0001 x 0.0002 with only 9.9Mil outstanding shares. Could also be a short squeeze play if management orders the NOBO list. IMO.
PTSH and PCLO are both reporting companies. Meaning that their reports can easily be verified.
Here's the funny thing about PCLO. If you spend $990 on it at 0.0001, then you own the entire O/S because it has 9.9mil O/S. Then what? That's why I believe that it could as well be a short squeeze play since it did a R/S a few months ago. However, management will need to take the initiative.
What do you all think of PTSH? It has been flying under the radar. Increased revenues and expected merger.
For your eyes only. I think the company will not be trading in the future if this form has been filed. Something is up. Do your DD and be careful with this one.
Form 15-12G
FINANCIAL COMMERCE NETWORK INC - FCNI
Filed: October 03, 2006 (period: )
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number 000-27971
FINANCIAL COMMERCE NETWORK, INC.
(Exact name of registrant as specified in its charter)
1350 Custer Gulch Road, Levina, MT 59046
(Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)
Common Stock, Par Value $0.001 Per Share
(Title of each class of securities covered by this Form)
N/A
(Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)
Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:
Rule 12g-4(a)(1)(i) /x/ Rule 12h-3(b)(1)(i) /x/
Rule 12g-4(a)(1)(ii) / / Rule 12h-3(b)(1)(ii) / /
Rule 12g-4(a)(2)(i) / / Rule 12h-3(b)(2)(i) / /
Rule 12g-4(a)(2)(ii) / / Rule 12h-3(b)(2)(ii) / /
Rule 15d-6 / /
Approximate number of holders of record as of the certificate or notice date: 100
Pursuant to the requirements of the Securities Exchange Act of 1934, Financial Commerce Network, Inc.., a Nevada corporation, has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.
Date: September 26, 2007 By: MARK SMITH
President
_______________________________________________
Created by 10KWizard www.10KWizard.com
OT. Hey Crissys. Were you able to scoop some PTSH when I told you to look at it a month ago? It's moving now.
Majority ownership could be structured in many different ways.
1.A company could control the target buy buying the target company's stock for cash.
2.A company could control the target company's by assuming liabilities of the target company.
3.A company could control the target company's by issuing its own stock to the target company.
4.A combination of all the three aspects above.
To me, it is not a big deal how the deal is structured because I believe that PTSH is way undervalued and the merger would be for the benefit of PTSH due to its improvement on generating revenues. I can see aome net income around the corner as soon as we fulfill the $5.2 contract. Hopefully by the next quarter.
It was shorted to 0.0001. May be even naked shorted.