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Let me get this straight...
$SIII has purchased a hotel (Skytower Hotel) a shopping center (Akcenter Outlet and Shopping Center), has a LOI to buy a Marriott (Hotel Marriott in Izmir) and the largest hospital in turkey (Medical Park private Hospital) and we are trading under dollars currently?! Dang, this is a steal down here!
Yes sir! Just need some volume... Looks good!
A tweet from one of the top Cuban delegates to the US talks...
"On July 28-29 representatives from #Cuba & #US will hold the 2nd meeting on mutual compensations in #Washington #USCuba"
$MNII - Big news could hit anytime...
Hi Roy - no PM...
For MNII - Sorry for the delay, but I was out in the wilderness the past four days. I've been in contact with the lawyer, who is also the majority shareholder...so technically the president too. Carlos is an out of date name. Nicolas Gutierrez Jr is the main guy. He said MNII still has rights to the claim and he is seek fully retribution and restitution.
He also is the head of about 350 Cuban claims vs the Cuban gov't to get restitution for old land owners. But there aren't certified claims for Cubans, just Americans. If a claim is paid, it sounded like he would have a meeting with shareholders to see how to proceed. He understands many have lost a ton via old stock investments. But also talked of starting a new business (I believe if only restitution happens?). Anyway, I think we're golden here from the company, just a matter of how the US gov't negotiates this deal...
GLOBAL GROUP ENGINEERING CO.,LTD
LinkedIn shows she is the managing director of this company now...
That's great news! Well not for the shorter (if one) lol. Thanks for the info.
I like it! Feels like we should be .03-.04 before any filings/news. Let's see where this goes...
Doing some digging, looks like current CEO is into construction mgt. big business is Asia!
That's awesome. Lol .017s about to go...
Nevermind lol
2x volume will push this to .02 quickly! $TEUFF break .0136 and we're off...
Meant in next hour ;) $EHSK ask is THIN!
Watch out above!!! $TEUFF
$TEUFF moving! Shipping sector is hot! Big gains coming...
Copper break coming... $EHSK
I took him out ;) Seems like a good one to put away...
I'm hoping to see the word 'royalty' on the APA hopefully ;)
An older article (Dec '15), but still very relevant...
“This meeting is the first step in a complex process that may take some time, but the United States views the resolution of outstanding claims as a top priority for normalization,” the American official said.
Mr. Feinberg noted that Cuban officials should be motivated to make a deal because they had no doubt paid close attention to the legislative elections last weekend in Venezuela, where the leftist government that keeps Cuba afloat financially took a beating at the polls for the first time in 17 years.
Cuba needs the United States to lift the trade embargo, and the best way to get that done is by settling the property claims, he said. The embargo was put in place in 1962 after a dispute that began precisely because Fidel Castro expropriated American oil companies that had refused to process Russian crude.
With an end to Venezuela’s financial aid a greater possibility, Cuba needs a new revenue stream. Soon.
“The fuse has been lit,” Mr. Feinberg said. “Time is running out.”
Past examples of such settlements have varied considerably, with claimants receiving as little as 10 percent of their claims, with no interest. When the Berlin Wall fell, American claimants got 100 percent of the value of their properties, plus interest.
In Latvia, Estonia, Lithuania, the Czech Republic and Slovakia, confiscated properties were sometimes returned to their original owners.
Poland, Hungary, Bulgaria and Romania offered compensation, “usually inadequate, and often symbolic and not necessarily monetary,” said Nicolás J. Gutiérrez, a consultant in Miami who has worked on the issue for decades after his family lost a $35 million empire in Cuba.
The Cuban case is trickier: Not only does the government have its own counterclaim, but the people who did the confiscating are still in power.
In that sense, Cuba’s situation is more parallel with Vietnam and China.
In 1979, China agreed to pay $80 million to a China Claims Fund, which allowed American claimants 39 percent of the value of their lost properties, according to the Brookings study. Vietnam, to normalize relations with the United States, agreed in 1995 to apply its assets frozen by the United States government to pay claimants 100 percent of the principal and 80 percent of the interest they were owed.
Mr. Kelly said the Cuban counterclaim for reparations should not be taken seriously.
“Those claims are not supported by international law,” he said in an email. “The property claims are.”
http://www.nytimes.com/2015/12/14/world/americas/talks-begin-in-cuba-on-confiscated-us-property-worth-billions.html?_r=0
$MNII
Very possible! Going to be away for a few days...looking for continued success here! GL $EHSK
Great job! I think it's safe to say wherever Venn Life goes, and all of its connections, so to will Biosurface Ltd.
The 'strategic collaboration' with them, will send this to a new level!
Good point. First assumption in the OTC... Well, someone's offering up a chunk and they're getting sold. Nice volume too!
Are they diluting? NITE throwing up 50k blocks all day...
Nice grab! Set bid too low. Bidders flooding in now... Interesting volume days on this.
Power close.... Nice mojo for tomorrow morning!
Still a lot of sellers in the 20s... Will take some more mojo to boost this up a level.
I'm sure there's a few that have stockpiled. Just wonder why the dumpfest though? To each their own...
I'm hoping you didn't hit the wrong button and dump your shares?! Or a loss stop? That was almost a 100k that just got dumped...
Yeah but who had that many to dump?! Dang... Someone's gonna regret that! Their loss, our gain.
Thanks for the shares! :) $MNII
In relation to my stickied DD...
It looks like we have a reverse merger by way of Biosurface Ltd purchasing the assets of EHSK. How this plays out will be interesting...
If you notice, Biosurface Ltd is a private UK company that wants to purchase the assets of $EHSK for a swap of the private company's shares. The stickied DD shows that Biosurface is run by some very good people growing other private pharma businesses exponentially in Europe. I believe this to be a triangular reverse merger...Essentially Venn Life Sciences and/or Innovenn has created Biosurface Ltd to be the buffer to acquire a US public company (EHSK).
The question is what will we see out of it? Either EHSK buys us out at almost .04/share, we receive private shares of Biosurface in exchange for our shares (which would probably be worth more than .04 quickly), or EHSK continues as a business separately, but now has $3.5 mil cash in pocket after liabilities are paid off and major shareholder equity to move forward?
Either way, this is WAY undervalued still...
http://www.reverse-merger.com/mergers-and-acquisitions-types-of-transactions/
"From a legal structure perspective, an M&A transaction can be an asset purchase, a stock purchase, a forward merger or a forward or reverse triangular merger. In an asset purchase, stock acquisition, forward merger or forward triangular merger, the acquiring company remains in control. In a reverse merger or a reverse triangular merger, the target company shareholders and management gain control of the acquiring company.
In an asset purchase transaction, the acquirer can pick and choose the assets that it is purchasing, and likewise the liabilities it is assuming. An asset purchase can be complex and requires careful drafting to ensure that the desired assets are included, including all tangible and intangible rights thereto, and that only the specified liabilities are legally assumed. Third-party consents are often required to achieve the result."
Look at that bid! Boom! $EHSK
Nice volume today! Just going to move faster and higher as shares get locked up... $EHSK
Just a little profit taking and reset before next push...
Very possible...
Any ideas what a "strategic collaboration" means between Biosurface and EHSK? :)
Looks like big things coming...
Tick tock, tick tock! $EHSK
All good! Just soaking up shares :) Yeah I think it was like 82k at .13 today lol.
Just wrote my governor and told them to postpone their Cuba trip this September for business relations. Seems inappropriate until the embargo is lifted! I advise everyone with shares here to something similar and spread the word about resolving these claims to the US Gov't!
Agree! Lock those shares up... $EHSK about to go big time!