lurkin' around iHub trying to find the next VKNG, high potential ((*HUGE GAINS*)) stocks. Please do your own DD :-)
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sgn - already up 10%
lol!
bcon --- lookin great!
SOUNDS LIKE ALOT OF FUN! I AM READY TO MAKE $$$ AND CELBERATE IN CANCUN! COCO BONGOS HERE I COME!
chcg -- might be worth a look for today...PR news released 1 hr ago!
GM every one
when do u guys think this company is goin AMEX and what would yall think the target would be if this news is true!
FEEC to AMEX! What is the validity of this post (link below), i dont know but if it does, that would be nice!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29544646
still that would be 23% up! thats great for two days!
feec - augusta what do u expect for the HOD. 0.90s?
FEEC - already up to .75....thanks hinchback and augusta for the confirmation
bdco -- up 27%
very nice augusta on ur picks from this weekend...cause of scottrade couldnt enjoy any green from these picks but am happy for all u that made $
LUMC - got out at 0.32 ... up 42.22%.... not bad at all augusta! Great pick!
just out of curiosity, do u not think this will hit above .50, since u are gettin out early! -- LUMC
LUMC -- PR NEWS
Luminent Announces Appointment of Zachary H. Pashel as Chief Executive Officer
PHILADELPHIA, May 15 /PRNewswire-FirstCall/ -- Luminent Mortgage
Capital, Inc. (OTC Bulletin Board: LUMC) is pleased to announce the
immediate appointment of Zachary H. Pashel as its President and Chief
Executive Officer. Mr. Pashel has been an independent director of Luminent
since September 2007. Prior to assuming his new position as President and
CEO of Luminent, Mr. Pashel was Executive Vice President and Head of
Structured Finance at The Chotin Group Corporation, where he oversaw its $6
billion asset management business. These assets consisted of structured
products primarily focused on residential mortgage credit and
collateralized debt obligations.
"We believe Mr. Pashel is the ideal candidate to take Luminent
forward," commented Craig A. Cohen, Chairman of the Board of Directors.
"His extensive experience in the management of mortgage-related assets
provides him with the desired background to lead Luminent as it works to
diversify its product suite upon completion of its proposed conversion to a
publicly traded partnership and to build a premier asset management
business that can look beyond the national market to explore more global
opportunities. We are fortunate to have him on our team."
Mr. Pashel proved enthusiastic about his new position, "In my role as
independent director, I recognized the potential of the Luminent platform
and the quality of the team behind it. Now, as its President and Chief
Executive officer, I look forward to working alongside these excellent
professionals, directing their specialized knowledge to revitalize Luminent
and help it move in a new direction as it works towards developing a more
global focus. I am confident that we have the capacity to restructure the
company, taking advantage of the opportunities that have resuscitated in
the mortgage market and becoming important players in this new
environment."
The appointment of Mr. Pashel as head of the specialized professionals
at Luminent is considered a fundamental step in its imminent restructuring
plans. Luminent LLC recently filed an S-4 registration statement with the
Securities and Exchange Commission with respect to its proposed conversion
from a Maryland corporation qualified as a Real Estate Investment Trust, or
REIT, to a Delaware limited liability company that would be treated as a
publicly-traded partnership, or PTP, for U.S. federal income tax purposes.
Contingent on the completion of the restructuring, the PTP plans to
diversify and offer fee-based services including asset management advisory
services, sub-manager services for investment funds and credit risk
management. Luminent also aims to develop its services platform to explore
international opportunities. Luminent's board expects this new structure
will significantly enhance its flexibility for investment diversification
and cash management.
Prior to his role at The Chotin Group Corporation, Mr. Pashel was a
principal at Deson & Co. and Greyrock Capital partners. Both groups
specialized in middle market private equity and M&A advisory services. Mr.
Pashel succeeds Mr. S. Trezevant Moore, Jr. in the role of President and
Chief Executive Officer.
This news release and Luminent's filings with the Securities and
Exchange Commission contain forward-looking statements that predict or
describe future events or trends. The matters described in these
forward-looking statements are subject to known and unknown risks,
uncertainties and other unpredictable factors, many of which are beyond
Luminent's control and are based on the information currently available to
Luminent's management. Luminent faces many risks that could cause its
actual performance to differ materially from the results expressed or
implied by its forward-looking statements, including, without limitation,
the possibilities that interest rates may change, that principal payment
rates may change, that Luminent may experience unanticipated margin calls,
that the collateral securing its indebtedness may become illiquid with a
resulting drop in value, that Luminent may not be able to maintain its
qualification as a REIT for federal income tax purposes, that Luminent may
experience the risks associated with investing in real estate, including
changes in business conditions and the general economy, and that Luminent's
strategies may not be effective (including portfolio management and hedging
strategies and strategy to protect net interest spreads). Luminent's
filings with the Securities and Exchange Commission contain a more complete
description of these and many other risks to which Luminent is subject.
Because of those risks, Luminent's actual results, performance or financial
condition may differ materially from the results, performance or financial
condition contemplated by its forward-looking statements. The information
set forth in this news release represents management's current expectations
and intentions. Luminent assumes no responsibility to update or revise any
forward-looking statements, whether as a result of new information, future
developments or otherwise. The contents of this press release is qualified
in its entirety to the appropriate documents filed with the SEC on Form
8-K.
ADDITIONAL INFORMATION
Luminent LLC, an affiliate of the Company, has filed a Form S-4
registration statement with the SEC, which contains a preliminary proxy
statement/prospectus relating to the Company's 2008 annual meeting of
stockholders and other relevant documents in connection with the proposed
restructuring. The definitive proxy statement/prospectus will be mailed to
the stockholders of the Company when it becomes available. STOCKHOLDERS OF
THE COMPANY ARE ADVISED TO READ THE PROXY STATEMENT/PROSPECTUS WHEN IT
BECOMES AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS
WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL
CONTAIN IMPORTANT INFORMATION.
The proxy statement/prospectus and other relevant materials, when they
become available, may be obtained free of charge at the SEC's web site at
http://www.sec.gov. In addition, investors and stockholders may obtain free copies
of the documents by contacting Karen Chang, Luminent Mortgage Capital,
Inc., One Commerce Square, 21st floor, 2005 Market Street, Philadelphia, PA
19103; telephone: (215) 564-5900.
The Company and its directors, executive officers and other members of
its management and employees may be deemed to be participants in the
solicitation of proxies from its stockholders in connection with the
proposed merger. Information concerning such participants' ownership of the
Company's common stock will be set forth in the proxy statement/prospectus
when it becomes available. This communication does not constitute an offer
of any securities for sale.
LUMC - augusta u said its a pincher play! what does pincher play mean. THanks in advance
MESA - doesnt look as strong...what do u think, augusta
its already heading that way (position)
yes i am, now lets find that quarter!
VDTI and NWD ?? opinions
MESA -- augusta so u r thinkin about holding after close today!
MESA -- sold mine before todays run...DAMN! who knew it would go to 1.30s. Just got in at 1.09 again...Hopefully the eod will give us that quarter we are looking for, augusta!
MESA - Augusta tomorrow do u think its still headin north or is it about to level off
MESA - WOW $1, makin cash alright!
got back in at 0.74 ... LOL .... Couldnt hold my self....I guess it was a good thing....Great call again!
MESA after hours 0.74.... Good call! I got out at 0.70 but good luck to all still in! :)
MESA??
AUGUSTA. REALEST - would you guys buy agix right now or brlc with $3k
pps - Praemium Limited - Augusta - what do u think about this one ; also are u still holding AGT!
GOLD MILL - Apollo Gold to buy Stock mill from St Andrew
ONTARIO - APOLLO GOLD of Greenwood Village, Colo., plans to purchase the Stock gold mill from current owner ST ANDREW GOLDFIELD of Toronto. The mill has a rated capacity of 1,300-t/d with conventional two-stage crushing, grinding, thickening and CIL circuit. The facility includes a refinery where doré bars are poured. Operations ceased in May 2007.
If the deal is completed as planned, Apollo will pay $20 million for the mill, with $1.5 million to be paid on closing and the balance by the end of June 2008.
Apollo is proceeding with the development of the Black Fox deposit 75 km east of Timmins, Ont. Owning the Stock mill will allow the company to begin treating Black Fox ore in early 2009. Both open pit and underground mines are planned. See www.ApolloGold.com.
AGT - No movement upwards...
i am happy cause i made enough compared to what i lost in AOB YTD 2008! LOL
TMA - augusta please keep me posted on your daily trade history on this one...great call....thanks a million
TMA - Augusta so are u still gonna hold on this one!
Augusta what do u think the target price on AGT and SIRI! Thanks in advance
TMA - augusta great call on this one...after hours is already up 6.30%.
agix - where can we see the conference and after how long
TGC -- any change of opinion or suggestions
check out chcg...its not under a dollar but its due a run up! imo