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Dave,
Thanks so much for the information and hey, nice "Cash Cow". I think your current cow (FCDH) is just out to pasture right now but she's headed for the barn and then the milk will start flowin', if you get my drift. Or is to early for mindless banter? (LOL)
Thanks again,
Tool
Thanks RULiquid, I signed up for the email newsletter. I see really good things happening here and I'm excited to be in at such basement prices.
Good luck, talk to you soon.
Tool
RULiquid,
I just bought up some shares this morning, at what I hope is a great price, and I'm just curious about their business. They seem to have interests in several different industries. Could you tell the board and any new curious investors what the Fight Channel is all about and if that will be shown in the US or Canada. Has the Fight Channel already started being aired? What other businesses look promising for them and what do you expect them to accomplish before the end of 2005?
Thanks,
Tool
Serfdom,
You can submit your article too, I have nothing against that. It's just that when I put the offer out to the board to write an article, Janice was the only one to jump at the opportunity. I'm confident you'd write a great article too.
Here's the RS contact info:
Send an email to Eric Bates, he is the National Affairs editor. His email is eric.bates@rollingstone.com .
Mike
Janice, check your hotmail account for my email.
Mike
Janice, I haven't been around much and to be honest I haven't seen you around this board much. I'll get the RS contact info for you and you can proceed from there.
Did you make any changes to your outline as per some of the comments I read? Do you have a final version ready to go?
Hope all is well, I'll send the RS contact info to you soon. I don't have the ability to do a Private reply though so we'll have to figure out another way.
Thanks,
Mike
Karbin's a HOT chick in a red t-shirt? Nice.
Serf, Good work. ;)
Mike
Playstk, Where in the world is Janice Shell? The new family board game that will wind up pissing everybody off with baseless opinions and promises. lol
Mike
Thanks Serf, include that girl and it's sure to get published. ;)
Has anyone else logged into Scottrade today and seen the President standing there with that big grin on his face holding some sort of trophy? "Yeah, look at me, best internet trading website for market manipulations!"
Does anyone else want to start a cellar casino with me like in "Boiler Room"? We'll probably make a lot more money than this "investing" crap. LOL
Mike
Well, does anyone else care to take a stab at writing the Rolling Stones article? Janice is MIA and I think I've been patient enough. Especially since she's not very well liked by this board in the first place.
Keep up the good work everyone...it's getting us no where. LOL
Mike
Great stuff today everybody. Publicity is key, too bad we never got anything to Rolling Stone. Has anybody seen Janice around lately?
Thanks, have a great day all.
Mike
Janice, I was travelling yesterday. I haven't heard from you in a while. Got anything on paper more than an outline yet? Let's make this happen sooner rather than later. Hope you were able to work on the article over the weekend. Let me know when you're ready for the contact info.
Thanks,
Mike
Janice, that's true. Forget about Megas then, but please check out Arkait's post# 32208 if you haven't already. His ideas may be helpful.
Thanks again for the effort.
Mike
GoodKarma and GoodFish, both valid points and I think Janice should put at least one Megas quote into her article. There are some good PR material to use out there, as well as false PRs from Pino.
Thanks for your support. We can make a difference, you just have to believe.
Mike
Kruy, Ok, let's leave TNOG out of it, even though they seem to be on the level these days, but there was something going on in 2004 that seemed fishy. Thanks for the heads-up. Any other opinions in regards to the RS article?
Mike
The Rolling Stones outline has been drafted by Janice and I would like to post it here. All may comment but don't expect Janice to be accomodating to everyone. I feel she will be most receptive, and rightly so for efficiency sake, to Art, Serf, Fringe and myself. I have made some suggestions below the outline so please read beyond the outline. I would like to thank Janice for taking the time to put something together this weekend, it's more than I did this weekend for BCIT.
RS outline
Introduction: We need a hook here, to interest people in the story. I think something along these lines would work: “Do you use an online brokerage? Do you believe they know what they’re doing? Do you think the SEC is an efficient government agency that knows how to respond to any situation presented to it?
Next we need a brief explanation of the world of penny stocks. Most people out there don’t play them, and many don’t even know what they are. The point that they’re not regulated in the way stocks on other exchanges are regulated needs to be made.
Following, an explanation of what happened with GVRP and BCIT. Obviously it won’t be easy to do this concisely, especially for an audience that probably doesn’t understand much about splits on the one hand, and the correct procedures for the issuance and registration of shares on the other.
Then we move on to the reaction of the companies, the brokerages, and the SEC to the events described above. Here’s where I’ll use the emails shareholders got from the officials they communicated with. I’d like to use as many as possible, because they’re both shocking and funny. Naturally I’ll include an account of the hilarious weekend during which GVRP players who were Ameritrade customers had billions of dollars showing in their accounts. It’s always good to put something amusing in any article; it keeps people reading.
Needless to say, the above will be the longest part of the article, and the meatiest. I’ll close as I opened: with questions about whether the brokerages and the SEC know what they’re doing. I could also make some suggestions for better regulation of the OTC markets.
MY SUGGESTIONS: My biggest suggestion is not to attack the SEC's competence or efficiency but perhaps their willingness to enforce their own regulations. True, there may be elements within the SEC that do not understand their own regulations but I think it's more a lack of holding brokers, MM's and companies accountable to the regulations. The rules were setup pretty well, so somebody within the SEC is competent, now we need them to follow through with the enforcement of their own regs. That's more the point I would like to see you hammer home in this article.
During the 2nd paragraph (brief explanation of penny stocks) you might want to make the point that not all penny stocks are scams, as public stigma may have it. Some are just young companies getting a foothold, like TNOG (Titan Oil & Gas). You can tell them that Xerox started out at $0.32 and just look at them now. So in a way, we're calling for stricter regulation of the penny stocks which will be better for the companies and the investors.
I think the rest sounds really good. Humor is always helpful and I have a couple of emails and a letter from Scottrade that may be helpful. My letter also incriminates Scottrade because it says, in very plain language, that they were made aware of the SEC halt of BCIT trading well in advance of the actual halt date, at which time they shut down buying but not selling. Manipulation if you ask me.
Thanks again Janice. Let's get all comments to Janice by Wednesday so she can start drafting the actualy article by next week.
Michael
GoodKarma, Janice will provide the board with an outline and at that time everyone on the board will have a chance to review it. Ultimately though, Art, Serf, and Fringe will have the power to make suggestions or advice to Janice on her document. I really don't want her taking advice from everyone or this will get crazy. I trust, and most here on this board should trust, that Art, Serf, and Fringe will represent us well on this article outline and from there Janice will contact various board members, as mentioned, to gather information and details.
All I can say in regards to the Author issue is that she's the only one who stepped up and grabbed the reins. If you want, put together your own article and we'll submit them both. I think we can all cooperate to create the best possible end product.
Thanks,
Mike
The Rolling Stone Article.
First off, Janice, you're making too big a deal out of this with your need for "Requirements". It's Rolling Stone for Pete's sake, not TIME. I just got off the phone with my friend and it just basically has to be 2-3 pages. Content and writing style will be discussed once something is submitted and they've had a chance to read it and make editing notes. Let's just get an outline together that covers all our bases for BCIT and GVRP and pass it around the board for feedback. Then you can create the final product and I'll give you the Editor's contact info.
THAT'S THE DEAL. THE ONLY DEAL I'M WILLING TO GIVE.
You know enough about this situation, I think if you just write from your heart you'll create a good article.
Thanks,
Mike
Janice Shell, I like your idea and your reply to Plystock makes a lot of sense to me. My friend said the editorial articles usually run 2-3 pages in length, nothing more than that. The key here is giving the readers something to pay attention to but at the same time championing our cause. I think you have a good grasp of how to accomplish this so let's go ahead with an outline and a 1st draft review by Art, Serf, and myself. Fringe is welcome to review as well.
Thanks,
Mike
One other thing. I am not looking to take any credit for another person's work. I have no ego to wrestle with, or at least not too much of one. I just want to help out any way I can because I have a substantial position in this stock and I don't want to just sit here and not bring something to this board that could be helpful in our fight, not to mention the same fight that many other stocks are making against naked shorting/counterfeiting/illegal manipulations. All credit will be given if you contribute towards writing the Rolling Stones article.
Thanks,
Mike
Hey, I don't care who writes the Rolling Stones article or how many authors/reviewers we use. I just want the best possible end product to get submitted. All I know is that I don't have the time right now nor do I have an understanding of this situation and the evidence the way Art, Janice, Serf or some of you other people. What I do know is that I can get this article placed on the desk of the man who will publish it, and with that said, I'm not going to give him something that I haven't even had a chance to review or make suggestions to, seeing as it's my reputation and my friend's reputation (who works for Rolling Stone) that's on the line.
Just get it done and send my something and we'll discuss.
My email is: MKJets03@yahoo.com
Mike
Allez, Don't worry, I'll be walking every step with her through the process, whether she likes it a lot. She can talk to the editor but I'll have my eyes and ears inside that office to make sure she's doing the right thing.
Mike
I have received a message stating that Janice will write the Rolling Stones article, but she doesn't want to deal with the middle man, me. That's fine, I will provide the editor's direct contact information once the article has been written and reviewed by Art, Serfdom and myself. Once we approve the article, I will forward the editor's direct contact information and Janice can take it from there. Sound good?
Hope all of you had a good weekend, now back to the grind...
How about TESTAVERDE?!! GO JETS!
Mike
To Mr.Bill et al, The Rolling Stone article offer is open and totally up to us to present a concise article to the editor. I can be the one who gets it to his desk but I've been travelling a lot lately and will be again this weekend, but I will be able to check email/Ihub a couple times over the weekend. My advice to giving this article it's best chance to be published is to:
1. Make the article fairly general in regards to naked shorting/manipulation.
2. Don't use abbreviations and acronyms that general readers won't understand, unless you explain them first.
3. Present BCIT/GVRP/TNOG as examples of naked shorting, lack of SEC enforcement, lack of broker/MM accountability, but don't necessarily center the article around them.
4. Include atleast 1 well known stock on a big board like Nasdaq,Dow Jones, etc. that has suffered the same circumstances. This will add credibility to our fight because a lot of people will scoff at just discussing pink sheets, which generally carry a stigma of all being scams.
Present your essays/articles to me. I will work with all writers to try to create the best possible article to present to the editor of Rolling Stone.
1st prize for best article: Full public buy-in enforced by SEC.
Now get to work!
Thank you and Godspeed,
Michael
Luxytx, that's a good point about the SEC regulation, however, that regulation existed before the SEC made that announcement and the brokers, MM's et al should have been obeying the rule prior to the SEC's suspension announcment. If it's that easy (going to the SEC website) to find out if a company is up-to-date with their financial filings/Prospectus then the Brokers/MM's have no excuse for trading this stock before the suspension except that they were making a ton of money, illegally. The brokers and MM's had no problem trading and shorting the heck out of this stock before the chit hit the fan, but back then this company was no more up to date on it's filings then it is now, so why aren't the brokers and MM's slapped on the wrist for all the trading they performed prior to the suspension?
TP
Serfdom, Just read your posting and that's such a good point, hadn't thought of that. Things really don't look that bad at all. Gotta get going. Have a good day all.
Mike
I believe I understand what Megas is doing now. This is just my opinion, but I believe Megas has done the BEST thing for the shareholders by increasing the amount of shares to 515,000,000 instead of to the 893,000,000 that some brokerage firms are showing. The 515,000,000 probably accounts for all of the shares, legal or illegal, held by retail investors like ourselves. The difference, 378,000,000, may be the illegal shares floating in the marketplace. By increasing the legal O/S to this amount, he is able to give us all 1 to 1 exchange, legal for illegal shares, so all of us will by holding legal shares. The difference between 893,000,000 and 515,000,000 (378,000,000) will remain fraudulent and perhaps the SEC will force a buy-in for those shares, ergo, creating a short squeeze for that amount. I'm thinking there will still be a short squeeze, accompanied by financial filings and an R/M, which could still make this stock an excellent play for the current shareholders.
JMHO, but I think we're holding a good hand of cards right now and I'm not going to sell hastily until all of Megas's plans have unfolded.
Good luck!
Mike
thanks, KlMill. I'll look into it.
mike
thanks, Janice. I'll steer clear.
Allez, and just as important as getting the reader's attention is getting the managing editor to approve our submission and get the article printed. ;)
They probably won't run an article about some pink sheet stock that no one's heard about. Speaking of which, does anyone know of a non-pink sheet example of naked shorting or any other related illegality? A well known stock in a similar situation would help our cause.
Thanks,
Mike
I just talked to my friend over at Rolling Stone and she said that they have a "National Affairs" section that usually gets 2-3 pages of print. Past topics have included Bush and the Iraq war and the environment. I think writing an article about the SEC's lack of enforcement of their own regulations and the widespread criminal activity in the stock market place would have a good chance of getting published. Although our article should discuss BCIT, certainly citing specific examples of regulations not being enforced and the early "leak" of the suspension, we should write a general article about Naked shorting and use BCIT and possibly TNOG as our examples.
Thanks,
Mike
Thanks Weebie!
klmill, Who is Dave Patch? How do I get hold of him? Did he do that independent piece a while ago? Is he a reporter?
TIA
Let's make the best, most concerted, focused effort possible.
Mike
LET'S STRIKE WHILE THE IRON IS HOT!!
Goodmorning, I wish I had posted this sooner but this is an offer I made over at the RB board this morning and I want to extend it to anyone on this board as well. There are many intelligent people here and I think this is a good way to help our cause.
Arkait, I think publicity on this case would be very useful, perhaps necessary, to create the leverage needed to make things happen the way they should:
1) Shareholders are protected
2) Legal company is protected
3) Bad guys are punished
My best friend's wife is an editor for Rolling Stone magazine. She told me that if I ever want to publish something that she could facilitate it for me. She told me it could be any subject matter too.
If you want to write something up or jointly work on something (although I'm travelling a lot these days and don't have much available time) I would be happy to send it to her and get it published in the next Rolling Stone magazine. That goes for everybody. Heck, we should have an essay contest and whoever writes the best article gets there's printed.
Just let me know.
Mike
Dusty, thanks for your work and contributions. Have a great weekend everyone.
- Try not to drive too far. Damn gas prices ~
Good thing I own TNOG, as a gas price hedge fund. lol
Mike
Dustybutler, are senators Bennett and Collins the two main senators that are championing the fight against Naked short selling and stockmarket fraud/corruption?
Thanks,
Mike
ljk, I can't confirm Ameritrade but Scottrade has not changed any of the values from whence the stock was halted. I know it's not much help, sorry.
Mike