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Thx, I will keep an eye out, hope the best for you here
Agreed, I wish all the best to everyone here. The time has passed & still nothing to sell but more stock. I felt the same way & hope you can get out someday soon, the CEO should be on FB less and be finding a way to get something out on the market place to sell besides more shares. Maybe this can do well but now I just don't see it. I will keep checking in every few months to see if anything has changed here for EGOC.
Glta
Great post, I was in this a yr or so ago and just was bored so wanted to check up on EGOC and see how it was doing, ur reasons are exactly why i got out over a yr ago here, I agree 100% and hope were wrong for the others here but doesnt look so good.
EGOC should target a upcoming market or different market all together
JMO's
Agreed! I wish I could push them to get this rolling, they need to communicate w there shareholders, hopefully the bigger holders are all over them to get something done. Been long enough imo! Let's go!! Hoping we see a PR and/or update
New newsletter from CMGHF...http://www.chaoda.com.hk/pic/gtvol50en.pdf
I would suggest Calling the CEO Jeff Love or IR dept to get some clarification on ur questions. He is usually available at the numbers listed on website.
Still a great entry pt...Awesome SS for this low of a PPS, in time we go up from here...adding more if any dips occur
GLTA FCGD'ers!
yup, loading zone....jmo Go FCGD! It will have its day ....tic toc...
Almost time to add more EB?
Let's see how this week goes, looks like the seller's might be out of shares now. Be nice to hear from the company again w an update on divi sm etc...
No problem Sir, I think PCXCQ is due for a 'pop' sooner than later...Glad its staying in NYC
Agreed, nice post. Heard same here...
Exactly, I couldn't believe that is how they approached this case, seems like they were not 'very prepared' if that's all they had, I bet the miners are pretty upset as well when they read that story. I can almost 100% say for certain the case will stay in nyc jeez lol
I like this part..LIG Assets CEO Jeff Love stated, "Our technology provides a quantum leap in quality and experience over existing systems now in place at most hotels and motels." He continued, "We have aggressive plans to add offices, sales staff, product support and installation throughout the United States and beyond. The growth of SuiteMagic over the coming months and years is expected to be extraordinary."
LIGA NEWS: LIG Assets Subsidiary Opens New Office near Austin, Texas and Adds Salesperson in Chicago to Sell SuiteMagic Software
Sep 12, 2012 07:00:00 (ET)
DALLAS, Sept. 12, 2012 /PRNewswire via COMTEX/ -- LIG Assets, Inc. (otcpk:LIGA) announces that in addition to its corporate office in Dallas, SuiteMagic technology (also known as MSuites hospitality software), will be sold from its new location near Austin, Texas. Sales at the new office located in Round Rock, Texas and will begin operations on September 17, 2012. The initial costs for the expanded operation will be funded by LIG Assets, Inc.
Christine Dittman, Project Manager for the new office, commented, "I'm excited to bring this great product to the Austin area and look forward to working with MSuites as we build our client base." She added, "It will be a wonderful addition to local hotels and businesses alike."
In addition to the office near Austin, LIG Assets has also hired a new regional manager for the Chicago area. This skilled salesman will be responsible for opening an office and staffing it for product sales throughout the northern Midwest territory.
LIG Assets CEO Jeff Love stated, "Our technology provides a quantum leap in quality and experience over existing systems now in place at most hotels and motels." He continued, "We have aggressive plans to add offices, sales staff, product support and installation throughout the United States and beyond. The growth of SuiteMagic over the coming months and years is expected to be extraordinary."
About LIG Assets, Inc.
LIG Assets, Inc., based in Dallas, TX, is a multi-faceted worldwide investment company that focuses on real estate, oil and gas, technology, and entertainment. LIG Assets, Inc. trades on the pink sheets under the ticker symbol "LIGA".
For additional information, please visit LIG Assets corporate website: www.ligassetsinc.net .
About SuiteMagic, Inc.
SuiteMagic is a hospitality/entertainment technology focused company providing internet-based TV and Cable programming, interactive game content, and goods and services. It will deploy hardware and software to create an enhanced television suite of offerings that combine the best of HD TV, the Internet, PC functionality and VOD. The product provides hotel guests with an all-encompassing in-room experience while allowing hoteliers to monetize the rapidly growing consumer trend towards a truly Internet-integrated TV experience.
For additional information concerning SuiteMagic, Inc., please visit www.suitemagic.net or www.msuitesinc.com .
Forward-Looking Statements
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file with the U.S. Securities and Exchange Commission (SEC).
Contact Information:
LIG Assets, Inc.(214) 760-1000ir@pricetargetmedia.com
SOURCE LIG Assets, Inc.
NEW YORK--A New York judge on Tuesday grilled a lawyer representing Patriot Coal Corp.'s union workers over whether the company's bankruptcy case should be moved to Charleston, W.V., home of most of Patriot's coal mines.
In an unusual hearing simulcast in a Charleston courthouse and a court near Patriot's headquarters in St. Louis, Judge Shelley C. Chapman of the U.S. Bankruptcy Court in Manhattan also questioned a lawyer for the federal bankruptcy watchdog who wants the case moved.
"How do I deal with the fact that the creditors' committee wants to keep it here?" Judge Chapman asked the lawyer for U.S. trustee Tracy Hope Davis. The lawyer, Andrea B. Schwartz, argued that Patriot circumvented the Bankruptcy Code when it created two New York-based entities just before its Chapter 11 filing.
"We're asking the court to right a wrong, to correct an injustice," said Ms. Schwartz. The trustee hasn't said where she wants the case moved.
The Bankruptcy Code's venue rules allow a company to file in either its primary place of business or where its affiliates file for bankruptcy. The company and its main lenders all want the case to stay in New York.
Judge Chapman took her time questioning the attorneys, at one point telling Ms. Schwartz to "keep your powder dry" on one of her arguments "because I want to go first on that issue."
Earlier in the day, the judge challenged United Mine Workers of America lawyer Susan M. Jennik to explain her argument that West Virginia bankruptcy judges are more familiar with coal-company issues than New York judges and should thus hear the case.
"You're urging me to send it to West Virginia because, 'They know us, they know coal,'" Judge Chapman said.
"All of them deal with these issues every day," said Ms. Jennik, of Kennedy Jennik & Murray PC.
The hearing will continue on Wednesday, when the company and several groups of its creditors will argue that the case should stay in New York. The professionals working on the case predominantly reside in the New York area, and Patriot has said the costs of moving the case could be burdensome.
Patriot and 98 of its affiliates filed for Chapter 11 protection in July, victims of widespread problems in the coal industry.
The company was formed in 2007 from assets split from top U.S. coal-mining company Peabody Energy Corp. (BTU). Patriot's mines are concentrated in central Appalachia, a region plagued by high costs after more than a century of mining there depleted much of the easy-to-access coal.
(Dow Jones Daily Bankruptcy Review covers news about distressed companies and those under bankruptcy protection. Go to http://dbr.dowjones.com)
Write to Joseph Checkler at joseph.checkler@dowjones.com. Follow him on Twitter at @JoeCheckler
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 11, 2012 17:18 ET (21:18 GMT)
Exactly, great post, my thoughts exactly, couldn't of said it any better & I hope the ceo follows thru & we will be sitting on a time bomb here...
Glta LIGA holders!
I think this news here...but they have $120 mil in cash still...
Geron announced on the basis of an unplanned interim analysis, it is discontinuing its randomized Phase 2 study of imetelstat in metastatic HER2- negative breast cancer because median progression-free survivalFont size: A | A | A
7:32 AM ET 9/10/12 | Briefing.com
Co announced that, on the basis of an unplanned interim analysis, it is discontinuing its randomized Phase 2 study of imetelstat in metastatic HER2- negative breast cancer because median progression-free survival (PFS) in the imetelstat arm was shorter than in the comparator arm. The Co also announced that it is continuing its randomized Phase 2 study of imetelstat in advanced non-small cell lung cancer (NSCLC). However, although a separate interim analysis of the NSCLC study suggested a modest trend of efficacy in favor of the imetelstat arm, the pre-specified success criteria in this trial are unlikely to be met, and, as a consequence, it is doubtful that Geron will take imetelstat forward into Phase 3 development for NSCLC.
Agreed EGI should get back to dollar range plus, I like the slow upward rise with nice accumulation. AONE nice pop off bottom, flipped it twice already.
Still waiting for GBG to have its day in the 'Green' Sun, holding pattern till news hits on sale of the mine w divi or another alternative that the board has been researching. Nice they hired an outside bank to value there assets, which one of the mines is worth more than the current PPS...still need to get this ship back oncourse though...tic toc...time will tell :)
Nice call w EGI Augusta!!
Yeah agreed, there was some nice hits on the .02 ask yesterday, which was very encouraging, I like to try and follow the bigger money when I can :)
Need to take out the ASK .02 then we will be looking good, still not sure the reason for the big drop either?
GLTA VLNCQ ers!!!!
looks like maybe a good time to load this again
GERN on bottom watch $1.25 area
AONE Breakout
UPDATE: U.S. Regulators Take Emergency Action on Asset Manager
Sep 7, 2012 17:21:43 (ET)
--SEC and CFTC take emergency actions against Nikolai Battoo and his businesses
--The asset manager allegedly claimed strong returns, but actually hid major losses from the Madoff Ponzi scheme
--SEC freezes U.S. assets related to his companies
(Adds CFTC complaint information and updates throughout.)
By Ben Fox Rubin
Two U.S. regulators announced emergency actions against an asset manager who allegedly boasted of impressive investment successes but was actually concealing major losses, including losses he sustained from heavily investing in the Bernard Madoff Ponzi scheme.
In an Illinois district court this week, the Securities and Exchange Commission said it obtained a freeze of U.S.-based assets belonging to Nikolai Battoo and two of his companies--BC Capital Group S.A. based in Panama and BC Capital Group Limited based in Hong Kong--to prevent additional harm to U.S. investors. The regulator charged Mr. Battoo and his companies with a handful of securities and investment violations.
Separately, the U.S. Commodity Futures Trading Commission, which has been working alongside the SEC on the Battoo case, announced a series of emergency actions against Mr. Battoo's companies.
A representative from Mr. Battoo's businesses didn't immediately respond for comment. The SEC said Mr. Battoo had no defense counsel at this time.
According to the SEC complaint, Mr. Battoo pitched himself as a highly successful asset manager whose results were unblemished by the global financial crisis. He claims to manage $1.5 billion on behalf of investors globally, including at least $100 million from U.S.-based investors.
While he claimed strong successes, the SEC said, he actually sustained heavy losses in 2008. Among the major causes was the Bernard Madoff Ponzi scheme, in which several Battoo-managed hedge funds were heavily invested, and he even borrowed money to increase the size of those investments, the regulator said. After Mr. Madoff's arrest, Mr. Battoo assured investors that the Madoff fraud had only a nominal impact on the portfolios.
Mr. Battoo also faced major losses from a failed derivatives program, the SEC said.
Concealing his losses from investors, Mr. Battoo was able to garner tens of millions of dollars in new investments since 2009 as he overstated his returns as well as the value of his investments in a variety of ways, the SEC said.
But, during the past few months, investors have asked for redemptions on the money and Mr. Battoo provided a series of excuses, ranging from the MF Global collapse to holds on money related to government investigations, the SEC said.
The SEC also charged Tracy Lee Sunderlage--an unregistered broker-dealer who was banned from the industry in a previous SEC enforcement action--for his involvement with Mr. Battoo's investment program.
The CFTC's complaint alleges that Mr. Battoo and his companies operated a series of commodity pools called "Private International Wealth Management" that solicited more than $140 million from U.S. residents. The regulator alleged that Mr. Battoo and his companies "made fraudulent misrepresentations and omissions" related to the losses from the pools.
The regulator asked for a freeze on Mr. Battoo assets and an order appointing a receiver for Mr. Battoo's businesses and related entities, prohibiting the defendants from destroying books and records, and granting the CFTC immediate access to evidence.
Write to Ben Fox Rubin at ben.rubin@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 07, 2012 17:21 ET (21:21 GMT)
FCGD News: MEDELLIN, COLOMBIA, Sep 07, 2012 (MARKETWIRE via COMTEX) -- First Colombia Gold Corp. (otcqb:FCGD) is pleased to announce it has acquired the Skip Silver prospect.
The Skip Silver prospect comprises two unpatented mining claims in Jefferson county, Montana, acquired by right of location. We consider the property which covers approximately forty acres a prospective silver prospect. The geology of the area is comprised of monzonites of the Butte Batholiths intruding into the older Elkhorn volcanic. It is a greenfield project located in a historic mining region. First Colombia will be reviewing historical records, preparing an updated geological map and conducting further site visits, to be followed by preparation of our exploration plan.
First Colombia Gold Corp. now holds interests in three exploration projects in the United States.
About First Colombia Gold
First Colombia Gold Corp. is a company focused on the acquisition, exploration and development of properties believed to contain gold and silver in North and South America. We target projects in historic mining districts with what are believed to have significant exploration potential or relative medium-term production potential, that we will advance or joint-venture.
Disclaimer
This release contains forward-looking statements that are based on beliefs of First Colombia Gold Corp. management and reflect First Colombia Gold Corp.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward-looking statements. Such statements reflect the current views of First Colombia Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, First Colombia Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release incorporates by reference the Company's filings with the SEC including 10k, 10Q, 8K reports and other filings. Investors are encouraged to review all filings. There is no assurance First Colombia Gold will identify projects of merit, or if it does, have sufficient financing to acquire, or positive exploration results.
Investor Inquiries:
First Colombia Gold Corp.
Tel.: (888) 224-6561
Web site: FirstColombiaGold.com
Email: info@firstcolombiagold.com
SOURCE: First Colombia Gold Corp.
mailto:info@firstcolombiagold.com
Yes, I would agree. Very difficult to do in pinky world, fcgd has an awesome SS & moves so easily. Major opportunity for multi bagger imo
How about an update from the company, damn it been awhile since we had one, no wonder its dropping here
I don't know how to do this, maybe someone on the board can do this? I'm sorry.
GBG $.25 looking thin now on l2, i think were going to go very soon!
agreed, seems like its trading that way
Yes, hopefully we will hear more about it sooner than later. And dont forget about the REIT coming our way for the real estate holdings portion, that should bring some attention here as well
MF Global Trustee Can Attach His Claims to Civil Lawsuits
Sep 5, 2012 17:06:42 (ET)
By Joseph Checkler
NEW YORK--A bankruptcy judge on Wednesday allowed the trustee unwinding MF Global Holdings Ltd.'s (MFGLQ) brokerage to combine his claims with individuals suing Jon S. Corzine and other former executives in district court.
Judge Martin Glenn of the U.S. Bankruptcy Court in Manhattan said he would approve the request by the trustee, James W. Giddens, to transfer his claims against Mr. Corzine and other executives and officers to former customers pursuing a civil case in front of U.S. District Judge Victor Marrero. Judge Glenn asked lawyers for Mr. Giddens many questions about the process, which Mr. Giddens said would be more efficient with the judge's approval.
"You have the right to consult but no power to do anything other than consult?" Judge Glenn asked Hughes Hubbard & Reed LLP's James B. Kobak Jr., a lawyer for Mr. Giddens. Mr. Kobak said that was true. The judge ordered Mr. Giddens to make a key change to its proposal: Any settlements over claims must be approved by both Judge Marrero and the bankruptcy court, instead of just Judge Marrero.
"The assignment of the claims to the customer representatives reflects an appropriate exercise of business judgment," Judge Glenn said. The judge said he would rule later on a bid by PricewaterhouseCoopers LLP to have any possible claims against it remain under the purview of the MF Global estate, rather than be transferred.
"We think this will bring tremendous efficiencies and jump-start the discovery and the prosecution of the claims against Corzine and others," said Kent Jarrell, a spokesman for Mr. Giddens, after the hearing. A spokesman for Mr. Corzine declined to comment.
In court papers, Mr. Corzine had said the request by Mr. Giddens to combine his claims would limit his ability to defend himself against some claims, but wording changes to the claims agreement seemed to ease those fears.
Adding to the complexity of the matter is the presence of Louis J. Freeh, the trustee in charge of MF Global's bankrupt parent company. Mr. Freeh has said his goal is to reach a settlement over money that he says the brokerage owes to the MF Global estate. He had objected to the transfer of Mr. Giddens's claims, saying that some of them could belong to the estate. However, changes to the wording in the claims agreement appeared to satisfy Mr. Freeh's lawyer's concerns about whether he'd be able to go after that money in the future.
Mr. Giddens is winding down MF Global's broker-dealer business under the authority of the Securities Investor Protection Act, which governs the liquidation of failed brokerage firms. The liquidation is separate from the bankruptcy case of MF Global Holdings, the parent company, which filed for Chapter 11 protection last fall. That estate is now being overseen by Mr. Freeh, a former director of the Federal Bureau of Investigation.
Mr. Giddens has recovered about $5.3 billion of the $5.5 billion to $6 billion in U.S. customers' segregated funds held at the brokerage and has returned more than $4.7 billion to customers via a series of bulk transfers arranged by CME in the weeks following MF Global's demise last year, as well as interim distributions. Despite the return of that money, he still estimates a $1.6 billion shortfall in customer accounts, money that should have been matched dollar for dollar.
Dow Jones Daily Bankruptcy Review covers news about distressed companies and those under bankruptcy protection. Go to http://dbr.dowjones.com)
Write to Joseph Checkler at joseph.checkler@dowjones.com. Follow him on Twitter at @JoeCheckler
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 05, 2012 17:06 ET (21:06 GMT)
Thank you very much for your time & detailed responses. Much appreciated! Love to know what the independent bank has to say on there overall value for the company & the mines.
Imo its like the market has already priced in the uncertainty here & hopefully they will keep up the good work & the updates
Thx again.
Fora!
Good man, I do the same thing, some I hold longer than others,its a case by case basis but anytime u can make money its a great trade in my book, I believe this company turns around within the next few q's & will be trading higher to fill that gap plus. I will take a look at ur article as well.
Thx
Cool, yeah I heard the same thing, they seem really excited about the product & said its way above anything currently on the market, they also said they were testing it w one of the national chain hotels & if it goes well they will bring it online w more hotel chains