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No more www.argonav.com redirect?
Mike - There is a big marketing difference between just alerting a drowsy driver and being able to alert a truck's owner and/or insurance company at the same time (third party recording of the entire incident). JMHO
DM - A company cannot get listing approval for the AMEX without meeting their stringent listing requiremnets. You can't get a listing by simply wanting one and announcing your intent in a PR. Amex requires you to be fully reporting, have close to $5 million in cash on hand, plus you have to have met their income (revenue) requirements for X periods of time.
It's always a good laugh to see pink sheet and OTC companies constantly PRing their intent to 'uplist' to keep shareholders content.
Let's become fully reporting and transparent first (which must include the conversion of the MSRM shares). JMHO
New rules for all non-reporting companies. Goes into effect Feb. 15th 2008. Pinks will no longer be able to sell unrestricted shares, this is being done to try to stop them from diluting. All shares sold will now be restricted for one year, so no more dumping shares on the market. This should have a big effect in the pink sheets as this is how most scams make money. It is also meant to encourage them to become reporting companies.
http://www.sec.gov/cgi-bin/txt-srch-sec?section=Entire+Website&text=145&sort=rank
See pdf under - Final Rule: Revisions to Rules 144 and 145
Conforming Version (To Conform to Release Published in the Federal Register) SECURITIES AND EXCHANGE COMMISSION 17 CFR Parts 230 and 239 [Release No. 33-8869; File No. S7-11-07] RIN 3235-AH13
Jig - If the shell simply had more outstanding than anyone was aware of, then the problems were likely the product of naivety or not doing their homework, rather than some harder to remedy issue.
At any rate, management must decide how to best structure everything as they are the only ones around the table privy to all the facts. They are the ones to execute the business plan. They appear to be highly intelligent, capable of good decisions, and have some real heavyweights supporting them (my opinion along with others who have had first hand contact).
As retail shareholders, we can only hope they do things right and report their progress in a timely fashion. Our choices are to either trust them, trust message board posters who are not privy to all the facts, or go elsewhere. JMHO
Where do you see an hour between trades?
http://quotes.freerealtime.com/dl/frt/M?IM=quotes&SA=quotes%7CTime%2526Sales&symbol=effc&type=Time%26Sales&action=Go%21
enery - I find little substance on their web site. Just a bunch of general doublespeak. No substance regarding their service, clients, references, history etc. Red flag IMO
http://www.ashleypartners.com/?page=home
James Robson
Senior Vice President of Accounts
Ashley Partners Mergers & Acquisitions
Phone: +1 (860) 760-1720
Fax: + 1 (860) 760-6834
james.robson@ashleypartners.com
us@ashleypartners.com
enery - A "hostile takeover" of Mobilestream makes little sense except as part of a larger takeover attempt of GBRC. There are only 11.5 million shares of GBRC held in escrow for the conversion of Mobilstream's outstanding shares. Owning all the shares now held for conversion would not give anyone control of GBRC. They would need to accumulate additional GBRC shares (which may be happening).
Do you own a large percentage of Mobilestream's O/S?
I represent Ashley Partners Mergers and Acquisitions and attempted to contact you with regards to a proposed acquisition of an equity you own, Mobilestream Oil, Inc..
Our clients are making a hostile takeover bid and as such are offering what we feel is a very good price to conclude this acquisition as quickly as possible. If you wish to discuss this further you are welcome to contact me directly or alternatively supply me with a telephone number I can reach you on. I hope to hear from you soon.
Regards,
James Robson
Senior Vice President of Accounts
Ashley Partners Mergers & Acquisitions
100 Pearl Street, 11th Floor
Hartford, CT 06103
doris1 - It's in #1017
Jenny - Repetitious truth is the best offense against repetitious bashing! We've had nothing but repetitious 'mystery' for the last several months. Some truth should put us back in balance and a lot of truth will put us back on the offensive again.
It appears they have SEC approval for an extension of the conversion due to the share confusion resulting from the parallel scam of 18 months ago. See the letter to Fog from GRC attourney. Not sure there would be solid grounds for a class action suit based on fraud on their part?
It is very frustrating that they have given out so many dates for the filing to take place and then nothing ever happens - and no explanation. It only damages their credibility everytime they apparently lie about it.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23775056
Read posts #865 thru #881
I wonder how many inquiries a day they get regarding the MSRM conversion and how many lies they give out per day regarding when that will be done?
Cee-it - there may possibly be some MM manipulation as you suggest, but the normal low odds for long term success of pinkies is more likely keeping the retail interest down. Total daily trading value has only been around $20,000 -$50,000.
Even a good company can have a bad stock in the pinks. Although ECN was around for 6 years, it's being looked at as a startup and we can't expect it to attract the same retail audience as exchange stocks with histories. Investors looking long term are forced to play a high risk 'all or nothing' game since they can't cover their butts with hedging, options or shorting as with exchange stocks, so they hold off.
IMO the only thing that will give EFFC some thrust, will be an above average execution of their business plan. I'm willing to wait and watch with 4kids.
Not much information available on this firm, considering the following statement by Frank Pringle.
'In particular, we are pleased to enter into this agreement with C6 Energy, which is one of the most active companies internationally in developing systems for cleaning up wastes and helping the environment at the same time,'
http://www.linkedin.com/pub/4/9A5/919
Pacor - What Sydney 'deal' are you referencing?
It's my understanding from previous announcements by Freestone that they only have the rights to 50% of the petrozene produced from Natural Resource Recovery, Inc, and that volume is currently insufficient to supply a large demand for oil tank and oil tanker sludge removal.
The price is irrelevant if the supply is limited. Freestone does not make Petrozene, so their plan is to allocate the petrozene they can get from NRR to increase the capacity of existing oil fields they hold (or are buying) leases on. Just my Humble Memory.
HAPPY NEW YEAR ALL!
Investorbud - For most Pink and OTC stocks, Insiders, VCs, and Market Makers control the stock price, not retail. The current pps has no relation to the standard valuation used for a fully reporting exchange stock. This is why it's so hard for most retail investors to comprehend how the price can be so low (and why it will explode only after the insiders decide it should).
Thanks for the info on Barwiki. Happy New Year!
The standard retail price valuations applied to exchange stocks do not apply to Pink and OTC markets. The Insiders, VCs, or MMs control the stock price, not retail. (PE and market cap mean little)
Some investors have decided not to wait for verification.
The O/S has increased by 57,000,000 since 9/3. Shares that were explained in PRs and on the web site as being exchanged for the intellectual properties of the various entities and for the purchase of Argo Navigation. There have also been some 'unpublished' reports of shares being offered to entice key employees.
None of the published explanations as to why the O/S was changing have been verified through filings or follow up legal opinions. Investors do not know if it's dilution or a reasonable asset exchange. Until they have an acceptable explanation, they assume they are being used as a source of funds (typical pinky) and are reluctant to put more skin on the table. We were told on the 21st that verification is now possibly 90 days off.
Either you believe ECT management or you don't. If management and their 'explanations' are honest, this stock will explode. If not, it will likely implode. JMHO
The total traded so far today only amounts to a whopping $30,000.
"ECT management, in conjunction with its lawyers and accountants, is in the process of completing the necessary auditing of the Company's financial history, and anticipate the audits to be complete within the next 90 days. The audit is integral to the application process to move to the bulletin boards, provide the investment community with transparency, and ultimately visibility as the Company progresses.
On Aug 3, MCCY had an O/S of 50 Million shares (without owning Argo Nav and without owning ECN Holdings or anything else except for Effective Control Trucking).
This was verified with Stalt after their 8/3 PR.
http://biz.yahoo.com/iw/070803/0286279.htm
The legal opinion dated Sept 13 spelled out (or suggested) a share increase of 60,000,000 restricted shares for the intellectual property of all the entities being consolidated, plus 10,000,000 additional to Argo.
http://biz.yahoo.com/iw/070914/0302330.html
50,000,000 plus 70,000,000 = 120,000,000
On Oct 26 they announced that 41,800,000 shares were being returned (40 million by RH in exchange for options and 1.8 million from a former shareholder?).
120,000,000 minus 41,800,000 = 78,200,000 O/S as of Oct 26.
On Oct 26, Stalt, Pinksheets and the ECT website all said the O/S was 85,276,860 (Maybe it included the 3,000,000 to Lemay).
On Nov 8 the Stalt number jumped to 96,622,177.
Yesterday's PR gave an O/S of 80,634,552 (after unexplained cancellations) and 107,634,552 after an additional 27,000,000 for a "capital raise".
Oct 26 O/S of 78,200,000 + 3,000,000 Claude Lemay + 27,000,000 capital raise = 108,200,000 O/S. - Close enough!
My big red question is what do EFFC shareholders now own? Are we back to pre Sept 13 status as a subsidiary of ECN Holdings with no consolidation taking place, as indicated by yesterday's PR? We have no evidence (filing) that the 60 million were exchanged for anything of value or that 40 million were ever traded back for options. However, we had evidence (from Stalt) that the O/S went up by the difference (20 million).
"Effective Control Transport Inc. (ECT) is a subsidiary company of the ECN Holding. ECN (Effective Control Networks) has been in business for 6 years and operates a number of divisions in various IT and GPS-Telecommunications fields."
"White is currently CEO of AAA Power, Inc., Calgary, a venture company focused on new technology start ups. He has many years of experience in oil refining, exploration and development as well as mining operations in Canada.
James C. Speight has headed his own consulting firm, CD&W, Laramie, WY, since 1998. An eminent consultant, author and lecturer on energy, from 1990 to 1998, he was chief executive officer of the Western Research Institute, Laramie, WY, with which he has been associated since 1984.
Jules Roy has 15 years business experience in financing new company start- ups, investment, management, administration and real-estate development with extensive experience in the environmental and recycling industry as well as the steel industry. He sits on the boards of two Toronto Stock Exchange companies as well as several non-listed private companies."
1) Effective Oct 23, AAA Power purchased 81% of the outstanding shares of Warwick.
2) White was the CEO of AAA Power and is now CEO of Warwick as well.
3) AAA Power took over Warwick, a public company, who's previous business was publishing.
4) Cannot find many details on AAA Power - Incorporated in the providence of Alberta. Experienced energy individuals involved.
http://www.cnq.ca/Storage/1122/99954_Form_51-102F3_-_Material_Change_Report_(00222880).PDF
leslunier - Looks like a sort of RTO by Jeremy White, Jules Roy and James C. Speight of a defunct publishing operation (shell) and new funds will most likely be raised through the sale of stock using GBRC's technology as the carrot. JMHO
http://www.cnq.ca/Storage/1127/100478_md_a_(00233072).pdf
"The factual, non-promotional monthly progress reports seem to be a part of CNQ, as per your first link. What a concept!"
Yeh! Third party verification done by the exchange is the way I see it? Great idea!
It appears GBRC will own about 25% of Warwick.
They have people on board with good credentials in the energy and waste management sector. James C. Speight was the former CEO of Western Reasearch Institute. http://www.westernresearch.org/
Stock info:
http://www.cnq.ca/Page.asp?PageID=2013&AA_RecordID=218
Apparently no web site yet. KP
Longarm - It's from the Distributors section of the web site. I dont know what it means either.
http://www.ecnholding.com/index.php?option=com_content&task=view&id=67&Itemid=102
From EFFC web site:
Secusat: Venezuela, This is the company will represent us for all Digitel and CanTV (Movilnet) business in Venezuela. CanTV contract also Coca-Cola account. http://www.gruposecusat.com/
From Movilnet web site:
http://translate.google.com/translate?hl=en&sl=es&u=http://www.movilnet.com.ve/site/se_gestion.jsp&sa=X&oi=translate&resnum=1&ct=result&prev=/search%3Fq%3Dmovilnet%2Bgps%2B%26hl%3Den%26rls%3Dcom.microsoft:en-us
We have newbies with NY broker innuendo floating in. Grab the hand rails guys!
So much for the 12/5 promise!
Domain - updated Share analysis from "that other guy".
On Aug 3, MCCY had an O/S of 50 Million shares (without owning Argo Nav and without owning ECN Holdings or anything else except for Effective Control Trucking).
This was verified with Stalt and placed in IBOX.
http://biz.yahoo.com/iw/070803/0286279.htm
The legal opinion dated Sept 13 spelled out a share increase of 60,000,000 restricted shares for the intellectual property of all the entities being consolidated, plus 10,000,000 additional to Argo.
50,000,000 plus 70,000,000 = 120,000,000
However, they announced O/S after consolidation would be 125,000,000? (5 mil difference)http://biz.yahoo.com/iw/070914/0302330.html
On Oct 26 it was announced that 41,800,000 shares were being returned (RH in exchange for options and return of 1.8 million from shareholder).
That meant that the total increase (since 8/3) in shares outstanding would have been 28,200,000 for a total O/S of 78,200,000 (including Argo).
On Oct 26, Stalt, Pinksheets and the ECT web site said 85,276,860 rather than 78,200,000.
A 7,000,000 difference.
Then on Nov 8 Stalt number went up to 96,622,177. (supposedly including Lemay's 3,000,000)
Then on Nov 27:
Float = 42,296,157 (November 27, 2007)
A/S = 150 Millions
O/S = 98,597,177 (November 27, 2007)
Less 13,975,000 Restricted shares to be canceled from old shareholder before December 15, 2007
Therefore on Nov 27 O/S of 84,622,177 (98,597,177 minus 13,975,000)
There was still an unexplained and unannounced 6,422,000 share increase (from what it should have been on Oct 26).
Then on Dec 4 Stalt number is 99,597,177? Another 1,000,000 increase.
Conclusion: 7.4 million shares have found their way into the float in the last 40 days? It doesn't automatically mean dilution, just a yet unexplained and unannounced increase.JMHO
The Sept. 13 legal opinion was removed from the web site today.
Search for repetitious truth. It's the best offense against repetitious bashing!
My DD shows that Joe apparently gave birth to an idea 30 years ago and that "child" is still living at home with Joe. He then enters a competitors house and whines about the fact that his child never amounted to anything? Sorry Fog, but I have better things to verify. Good luck!
JMHO
Joe! We appreciate any contribution you may have made over the years to our country's possible independence from foreign fuels. This is however a GBRC/Mobilestream discussion board where investors openly discuss the pros and cons of investing in GBRC, not Tire Chef Inc. I'm sure the validity of your technology, methods, or any patents you may or may not have, are being considered by the patent office during the review of GBRC's patent application.
We are mostly retail investors and traders with personal opinions regarding the future of GBRC's stock price. You don't have tradable stock for us to consider. When you do, we can start a "Tire Chef Inc" board.
Good luck! kp
dragon man - I no longer have PM privileges on IHUB and the email address you sent in your PM does not work.
I think the Tire Chef is indeed a real person but possibly a fool. It would appear he has no legal rights to much of anything nor does he appear to have anyone of substance listening or supporting his ideas after 30 years. Frank and GBRC do, and therefore I have to view the Tire Chef as a waste of my time and GBRC as an investment opportunity. JMHO