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An 8-K must be filed to show a material event - and I believe every company must file that material event within 4 business days.
If they acquire the assets of a company - must be an 8-K filed.
If another company merges into them (R/M) - must be an 8-K filed.
If a CEO resigns (because that new company is in charge and they have their new CEO) - must be in an 8-K.
If they sell their shares to another company - must be in an 8-K.
So many material events (which on their own require an 8-K ANYWAY) all rolled up in one makes it a 'Super 8.' Sometimes there can be 8-10 (or more) documents within that single filing.
All The Best
Sorry, WaveRiders, been away from the cpu all day.
Some Tidal Waves with good movement today:
BCCI - up 29%
GNAU - up 50%
Ocean Wave DEXO up 10% today.
All The Best
I am/have been in a few other penny pharma stocks and R&D stocks.
I think KBLB is about normal in the amount of information it makes public. CC's, PR's in all of them are carefully constructed and never come out very often. Glance through a few pharma boards and see how many complaints come out because of a lack of PR's.
It's pretty hard to PR everything you do:
"Turned on bunson burners again today - all 8 are firing well."
"Beakers sterilized for the 1,000th time - new milestone for Little Pharma."
"Just in, specimens in petri dishes are STILL MOVING!"
I am satsified with genuine progress. Looks like we're getting some now. PR's and CC and...SURPRISE...some are still complaining.
All The Best
Just got back to my computer today. I was finally able to speak with Mr. Phykitt a couple of times today. He was in and out of meetings, as was I, so we didn't spend a long time during each conversation.
The company is NOT selling shares. He did not tell me this, but I assumed that some of those original shareholders whose shares were already counted in the float HAD to be selling - and he did not disagree.
Authoritatively, the float is still 92M - not larger. If the count on the board goes higher than 92M it is a mathematical impossibility - so don't get angry at the company because they aren't the ones selling, shareholders are.
I believe at this stage in this R&D company, funding is now of premier importance.
The auditing company is still retained for their services.
Mr. Phykitt remains adamant that he continues to do all he can to bring Aquaprin to market.
He is encouraged about the plan to uplist.
But...only new news is real news, so there still is not a lot of news about PHAR yet.
I would always encourage people to contact PharmStar in an attempt to get their questions answered.
All The Best
Very interesting news and quite substantive.
Get ready for a bounce today.
All The Best
Getting ready to head out today early - I will be away from my computer most of the morning.
I have not had the opportunity to speak with Mr. Phykitt yet - we missed each other Friday afternoon. We also tried over the weekend and when he was free, I was not and vice versa.
I am confident we will get together today, probably this morning.
Yes, I do realize that anyone can post lies and deceive others for their own selfish purposes - unfortunately it happens on IHub all the time; so I don't think poorly of anyone who would distrust me. At the same time, I am not responsible for the choices that others make with their own finances.
We are certainly due for a green day.
All The Best
Poster #1: XXXXXXXXXX...seriously...XXXX investors have been mislead numerous times and are still being mislead...
Poster #2: Lol.....XXXXXXXXX this is a true statement, couldn't agree with you more. Just a little clarification though....the investors haven't been misled by the company.
A little side note..."Misled" is the past tense use of Mislead...lol.
Poster #3: yes there is a lot of misleading going on here. but I don't thinks its XXXXXXXXX who is doing it. Care to elaborate on your theory maybe give an instants of XXXXXXXX misleading investors
Sigh...a lesson in futility - the guy tried to help one individual and was blindsided by another.
OCEAN WAVE REPORT
Ocean Waves are Big Board companies under $4 which show great promise for profits. Most Ocean Waves are longer holds, working toward the price goal; but many of these also provide opportunities to take profits every couple weeks or so along the way, as well.
If the market takes an unexpected downturn, we will be out of these Ocean Waves and waiting for a better re-entry point.
All The Best
Weekly Wave Splash
Tidal Wave Report
Every Tidal Wave down or unchanged or 1 stock was up through the week. This was one of the roughest overall weeks for Tidal Waves in a long time. Only a few gave an opportunity to make a modest profit.
Although it is good to see the 2 week chart, which shows that at some point during the last 2 weeks, 5 different Tidal Waves provided an opportunity to take some profits at 20% or higher.
The Wave Team encourages you to take profits, that way you can be using your initial investment in another stock, you can reinvest in the same stock by purchasing a larger portion as the stock goes through natural dips or by sitting at the bid and providing bid support, so it doesn't get too low. You can purchase another stock and allow the shares in the Tidal Wave to be 'free' shares - thus all profit and taking much of the stress away from daily pps moves. Or, you can invest in a completely different stock.
Tidal Waves are announced FIRST on our website.
Later through our email.
Then it is posted here on The Wave Board.
NO ONE frontloads any Wave picks, we at the Wave Team do not enter a Tidal Wave pick or an Ocean Wave pick until it is posted. Everyone here has the same opportunity for the same profits.
All The Best
Great point, LLESSURK, I never thought of the pps that way before.
Even if this was an OTCQB shell, it would be worth more than what it is trading for now!
Marked you for your contribution!
All The Best
I don't. I never got in SNRY until it became a R/M candidate. I was late to the party in June.
I haven't labeled them that way, but I, too, have those points to discuss, thanks.
I will not be asking any 'insider information' but I also wish for people to understand that I will not be interrogating Mr. Phykitt, either. I also have some questions about private business matters to discuss, so I am not going to divulge every word he says.
I do intend on getting an update to be able to share with others here, though, and am ALWAYS happy to share what I can.
All The Best
Agree. Got a response from yesterday's email today and an invitation from Mr. Phykitt today to call him and will be able to soon.
All The Best
Well, I do think you're going to win more here than you would have betting on the Buckeyes OR the Gators - since they were both 6-6 this year.
SNRY will be 1-0 during this bowl season!
All The Best, Adam.
Just for diversion (and to strengthen the credibility of Mark Lev), his most recent WP project put out a very attractive presentation along with their 8-K today of a special investors meeting going on at the plant today. Actually, as I have been investigating Lev, I didn't think that much of the company - but I do now that I see the presentation. It makes MUCH MORE sense than what I thought the company was.
Cyclone Power Technologies.
http://www.sec.gov/Archives/edgar/data/1442711/000139843211000968/0001398432-11-000968-index.htm
BOOGIE, all I want to know is, "Where do we send the body?"
When GSP R/M is announced, you are literally going to explode from within. We just want to be ready...
All The Best
If BMAS was truthfully showing what he holds, I would have already emptied him now. I've had a bid on the ask it has only been partially filled for a while so far.
Ever since the game with 'that state up north.'
Listen, I suffered through Cooper's losing career with 'those guys' and I don't want to start another streak. I'm telling you, I bleed scarlet and gray - lose them ALL and beat (michigan) and it's still a good season.
HO HO HO, can't wait for the Urban Meyer Bowl...umm I mean the Gator Bowl this year!!!!
Now you will now what USC feels like in the Rose Bowl. Must be great to be playing on a 'neutral' field.
Hey, you don't know how big of a donkey's hind end I feel like today...I'm embarrassed to say this. But I'm good natured and I'll give everyone on this board a good laugh today.
I tweeted Jim Cramer and asked if Milliken & Co was going public & their address was on SNRY 10-K!!!!!!
It just so happened, my email from the head of public affairs came within 30 minutes of that tweet! LOL
So, how's THAT for publicly showing your ingnorance!
BTW, I did return a very contrite and apologetic email to the Public Affairs Director at Milliken...
It is entirely possible that we could still see another one today...
By a few seconds!
http://www.sec.gov/Archives/edgar/data/1421665/000101968711003805/0001019687-11-003805-index.htm
It is to correct the wrong 8-K from a few months back, which we caught.
They must be lining up all their filings correctly for the BIG ONE.
According to the county parcel map, there are a couple buildings on the opposite side of the street which are part of the complex.
That phone number is disconnected, too.
One thing seems pretty apparent, we are still looking at a R/M and not simply 'acquiring assets' of another company. SNRY - stick a fork in it, it's done (as a company, not a potential R/M).
I believe the SEC regulations/US corporation laws require a company to be actually listed a 'shell' company when it ceases existence. For all intents and purposes, SNRY is not operating - but legally with a HQ & officers and trading stock, it's not 'really' a shell but still an 'active' company (legally speaking, of course, not practically speaking).
I just got off the phone with Williamsburg County, SC and they confirmed that they do own the property, however the building has a current lease to Solar Energy Initiatives.
She was very surprised to hear that the phone number she had for them was disconnected - along with the toll-free number (also disconnected). She told me it was right off a business card and I told her the name that was on the card, and she was pretty surprised (David Fann).
So...we are back to staring at the 10-K and wondering why we did not hear any news on the closing on NOV 30.
All The Best
Well, here I sit with egg on my face this morning - and not just from breakfast.
As we posted already this morning, Milliken & Co does not own the plant in Kingstree, SC - the county does.
Got an email just now from Milliken offices:
Sorry, you are way off base. That is the address of a former Milliken Plant which closed years ago. The County now owns the facility.
I will be calling the county and see if they know why SNRY is using that address.
Sorry for the raise in blood pressure yesterday. My bad.
All The Best
Haha - you mean that if you're not careful, you can eat too much; you want to always get your money's worth; or it's a great deal? LOL
I know what you mean, it seems like it will never end. Just kidding.
I am in it, so i keep an eye on it daily and read the board, too.
Boardmarked and very intelligent & helpful posters there.
All The Best
Yes, good reading. I always try to read the past 6-9 months posts on any board I am planning to place my money.
That was beginning of SEP, this post 3 weeks later from the same poster says
Good, solid CEO, fully-reporting QB company, NOT A SCAM gold mining company.
Good stock and with the recent drop, pretty good price, too.
All The Best, BRUCE.
More "location-specific" information is found here:
http://scsolarcouncil.johnstondesigngroup.com/wp-content/uploads/2010/04/ellen-reed.pdf
Looks like this is still "labeled" Milliken & Co. but it was going to be a huge company for SNRY - at least nearly 2 years ago.
A property search revealed that Williamsburg County Development is actually the tax-holder and that the building is for sale. They still label it Milliken & Co - so I am going to contact the folks there at Williamsburg County and see if they know that SNRY is using this address.
http://www.williamsburgcountydevelopment.com/show_building.asp?id=70
All The Best
Yes, I am still a shareholder.
No, substantive progress has been made here so far, but IF (not claiming I have been) I have been lied to I must go back and re-examine all other statements in that light.
In every trade/investment, an individual is only kidding himself/herself if they do not keep that possibility (no matter how small) in their mind.
All The Best
PR's should be substantive, not hypothetical.
In most cases, PR's which only 'hint' that something may be coming are lies because the CEO's real product is actually the manufacturing shares.
That informations is a bad sign and a red flag.
All The Best
I don't think it sounds like internet marketing, either, but the address was on the 10-K, and I think that gives us some idea of what to expect.
If you follow the link to Performance Solutions, you will find that this section of the company deals with:
Training any company for safety
Training company managers
Web seminars for productivity
The many companies (37 of them all over the world) in this one mega-company have all been award-winning companies in safety regardless of the country.
It looks like they want to make this a very strong entrance into the business community.
So, it may be a stretch, but it could fit.
All The Best
There are only 3 10-Q's and 1 10-K, which equal 4 quarters.
Since the 10-K actually includes the last quarter - but is much more in-depth, it doesn't really count for that quarter as 'late.'
All The Best
There will not be a 10-Q because the annual report (10-K) will include that quarter.
From the 10-K
3Q 2011 was actually also the end of PharmStar's fiscal year.
10-Q is required to be filed within 45 days from end of Quarter.
10-K is required to be filed within 90 days from end of Quarter.
With 31 days in October, 90 days puts us to a deadline of Friday, December 29. IF they file on that day, but after hours, we shouldn't expect it until Tuesday, Jan 3 - since I believe the markets will be closed on Monday, December 26 & Monday, January 2 - legal holidays since the actual holidays are on Sunday this year.
All The Best
Another French 'fried' post:
If I ran a pharmaceutical company like XXXXXXX, XXXXXXXX. or XXXXXXX who had scientists sitting around picking their behinds I would get them on this 'tout suite'.
Even if they don't speak French, I hope the scientists at least wash their hands before they eat.
Thanks for the update, man. Great work and the nice thing to know is that you are helping out a fellow human being who is in real need right now - the true Christmas spirit!
All The Best
HP, Look it up on Google Maps and look at the satellite pic - it is NOT an office park at all. It is ONE BIG company. It is NOT the corporate office for Milliken & Company - but it is one of their chemical plants, I think - maybe a textile plant.
It is in the middle of nowhere and not just some random, accidental address.