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re: ARSW & CBQI..........
ARSW is showing an uptick of about 34% today and it could be a bounce, but...........
Coming off a 1:50 RS, my numbers show a bottom/bounce of about .004 and the charts don't show it bouncing yet...
But, it wouldn't be the first time I've been fooled,(or the tenth...:)
IMO........it's worth watching closely.
CBQI......took a hit with one sale of 42.9K, or more...
I get the impression that the MMs really don't want shares, because as soon as the bid of .024 was hit they dropped it to .017 and put an end to the selling.
But, I don't watch the MMs that closely....Maybe someone else has a better handle on this....TIA
The ref0..re: VRYA and POSC......
Man! Why not just ask me to check out a company from Vulcan, run by Mr. Spock?
VRYA is an Israeli company listed on the Tel Aviv Stock Exchange.
It appears that they have a secondary listing on the NAZ small cap.
Because it's a foreign company their filing requirements are different than US companies and I couldn't find an exact date of any notice of the split, which, BTW, was May of 02.
They have dozens of PRs, but I couldn't see any that related to the split.
It looks like they gave no warning.
Based on that, the best bottom bounce price I could come up with was about .50
It looks like they bottomed in the first week of April 03, at .40
The current PPS is up over 300% from the bottom and to determine where it goes from here I would have to spend just too much time on it.
You may be getting in at the peak or it may still have a way to go, but that's your job.......:)
POSC............Gary Brooks, a Director, filed a form 4 after today's bell.
He exercised an option to buy 500K shares at .05, giving him a total of 4M shares.
It appeears that he actually made the purchase on 4/30, when the PPS was .005.
If so, that's a great vote of confidence......:)
FWIW........
At .15, EXAP is up 400%.....Yesterday it was up 200% and I didn't mention it because it appeared to be one buyer picking up stock where there is normally little or no volume.
Maybe that's the same case today, but also,....
Maybe something's going on....:)
Wise, yeah, there's no question that both NCVM and PowerSki are making money.
I guess I'm really questioning just how much PowerSki really needs NCVM.
Today's PR, although done by NCVM, is really about PowerSki and no final contracts or agreements have yet been signed.
With PowerSki's increased production and their International business, they may not need this "shortcut" to a listing.
ie, why share the wealth if you don't have to.....
We'll see.
USGA, at .24 is up about 24% so far on news of helicopter-parts sales to Italy...
Today's PR also said they will file their 10K on or before the 15th.......
Something to watch for.
Wise, after reading the NCVM PR I decided to see if I could find out how the PowerSki people feel about this deal.
So far, all there is is a letter of intent.
It appears that the PowerSki website is kept up to date,(the new manufacturing deal is already mentioned), and is well put together.
Indeed, there was mention of the potential merger on the website; Ken Owen, Nova CEO, took the PowerSki people to Mexico on a 110-foot yacht to play with the PowerSki.
And, this comment was listed;
"Ken Owen and Bob Montgomery, CEO's of their respective companies are now in discussions on bringing the companies together and move to high volume production.
This leaves me with two questions; Since the PowerSki people obviously aren't some kid waxing his board on the beach, and since,(re this PR), PowerSki is already moving to higher volume and have already gone International, why do they need to go public?
Second, and more importantly, when/if the merger takes place, how big will the RS be?
With an OS of 218,958,180 shares a RS is, IMO, inevitable.
Hey Wise.....I got the impression that no one was posting here....
It looks like this may become your main message board.
The way RB is going down, it may not be too long before they just turn out the lights...
Arch, according to my formula, the price of GCHR should bottom in the .0032-.006 range.
Right now, the current quote is .002-.006(whadda spread!)
As I mentioned before, my formula, in many areas, is still in an experimental stage.
That fact that the company immediately issued 20M post-split shares when they did the 1:10 R/S last January does not make me feel comfortable and in the future I probably won't even look at a company that does this....
We'll see.....
Arch,
Over the last month or two you may have noticed posts I've made that list a company and the anticipated bottom.
I've developed a formula to determine a bottom, bounce and run for stocks that are in a post-reverse split situation.
This idea first appealed to me because of a couple of reasons.
Fist, Whenever a stock does a reverse split the OS is always reduced, usually dramatically and, IMO, the lower the OS and float the more volatile the price movement can be.
Second, it's pure number-crunching,(I don't have to get involved with the company at all), and it works very well with blue chip or Pink chit stocks.
Plus, it doesn't matter what the market is doing.
For the past three months or so I have been working it on paper and "fine-tuning" the amount of time I have to put in to find a company that fits my requirements......
I expect the fine-tuning to go on for some time.
Right now, I have a list of over 20 companies, all of which are working toward a bottom, bounce and run.
I could have a hundred companies on this list, but there is only so much time in a week for research.....
Here's one that's very close to my strike price:
GCHR........last trade .008
strike price......0032 to .005(in that area)
This is not one of my favorite picks because the company, on the same day as the 1:10 R/S, registered 20M shares for post-split issue.
This, IMO, will hinder the bounce and run, but it's still worth watching.
NOTE: so far, about five out of seven stocks that have hit my strike price have bounced and run for 200 to 1000%.
I plan to put my money where my mouth is......next month.
ASGA, up another 37.5% today and showing strength..em
jcradio et al....also......
I expected to see EASY bottom and bounce between .75 and .60 from its downtrend.
Today, at .76 it moved up over 10%.
It may have bounced a little early and should be watched.
When it starts to run I'm looking for 200+%
jcradio, re: ASGA.....
Pink Sheets.com is wrong.
Before the 1:200 reverse split last March the OS was over 21.8M.
As of a month ago, the OS is 110,140K
There are no filings to indicate the registration or issue of any new stock since then.
After my post the price moved up from .06 to .08 and closed at .06X.08. for over a 14% increase.
If the uptrend continues for the next two days it should be the beginning of a run.(IMO)
At .06 ASGA should have bottomed and is ready to bounce...
and, honest, the OS is only 110-thousand.
Something is going on with FUTO...
I've had this on a watch list so long I forget most of the details, but I do know this;
In the last three days, the volume has gone from zero to 1K, 10K and today, over 60k.
The company has been in Chapter 11 and even though they have had to pay their creditors as much as 80% of their revenue, they have still been showing profits.
There is no news or new filings, but the BK may be coming to an end..............or something....:)
EBTB..looks like the run has started....
With a float of only 500K and an OS of 1.86M this should be quite dramatic.....
good luck
GCHR, You might want to watch it....
I picked it for a bounce at .006, but back on 6/4 it fooled me and bounced at .009 for 2-300%.
Now, it's on the way back down and may bounce again......
It probably has support at .009 now, but my entry price is still .006.
good luck
FWIW, this is pure number crunching short playing...
I don't know squat about the company and don't want to....
Since I started experimenting with this it has worked more often than not, for some pretty healthy profits.....
A "crooked-Corporation" observation........
Unless the political views of our business society have completely changed, don't expect any of these white-collar crooks to go to jail.
If you really believe that, instead of going after the "deep-pockets," they will put someone in jail, consider this;
For those who remember 5-7 years ago when Jack In The Box made 23 people deathly ill and actually killed one little girl...
Their meat was so bad the FDA actually found animal feces in it.
So, what happened?.............they paid a fine and it's business as usual!
Considering that, can we really expect Corporate officials to go to jail for nothing more than screwing some people out of money?
(as usual...JMHO)
PTSC news jjust out..........
They have just received a 1M investment by institutional and private investors.......
Watch for a jump from .065
mmayr, it's not just WorldCom...
The repercussions are hitting most, if not all the other Telecommunication companies too.
It's almost a mass exodus as investors bail......
Telecomm in NOT the sector to be in now, unless you're shorter...
I was just skimming through the index for different boards and found this.
Obviously, it's not too popular........why?
From what I've seen, the information provided on this board is nothing special.(IMO)
Many websites have "split announcements" posted, but it seems to me that a board to "talk" about it should offer more.
Here are just a few questions that could/should be addressed;
Why play a split?
Why play a split on a particular stock?
When should a split be played?
How should a split be played?
Can reverse splits be played?
And, finally, is there a way to play a split in todays market?
(IMO, yes, for a particular type of split in a particular type of situation..........but, that's another story......:)
Wise, re; ILCC......
Of the many things most Penny stocks have in common, being an IPO,(or close to it), isn't one of them.
We are used to seeing companies that have been around for a while, have done a split or two and are still looking for that 'hook' to become successful and, Usually, we buy into their latest scam and get screwed.
We are so used to this in the OTCBB that when an exception comes along we don't recognize it.
ILCC is one of those exceptions.....
This company is less than a year old.
They have a product in a market that's always hot, (medical) and they are struggling to market it.
Anyone who is familiar with what a company has to do through to get new medical products to the public can appreciate what this company has gone through.
Government Health Agency approval often takes years, especially in the US.
Island Critical has jumped through all the Government hoops to get approval from the various health organizations worldwide, including the United States!
Now, all the legal roadblocks have been passed and all they have to do is sell it......and that's the problem!
Marketing their medical device takes money and, although they appear to have sold a few,(couple, one?), any revenue produced is negligible.
So, they have to do what most newly listed companies do, issue stock to pay the bills,........ but there is a difference.
ILCC registered 7.5 M free-trading shares a few weeks ago (S-8).
Normally, most of the shares issued in this manner would go to line the pockets of management, but this doesn't seem to be the case here.
In the S-8 the company plainly stated that these shares are being used in lieu of cash to pay consultants and creditors.
The plan was fully accepted by the other parties.
Making the shares "free-trading" is probably one of the concessions the company had to make to get compliance.........Therein lies the problem.
Now, those consultants, creditors, or whatever they are, are dumping stock before the ink can even dry on the certs.
And rightly so........they want to get paid for their service.
We, as Penny Players see this happening and say, "OHMYGOD! Here they go diluting the OS and pushing the pps down the toilet.
But, are they?.....Or is that a knee-jerk reaction from investors?
The "dilution" increases the OS from 24,101,761M to 31,596,761M.
How bad is an OS of 31.6M....really?
IMO, when the dumping in finished, those who have bought shares at this level couldn't be in a better position.
The company now faces the real test........can they sell it?
So far, it appears that they have been honest with their information and, personally, I'll be very surprised if the next earnings announcement isn't the beginning of a nice uptrend in the PPS.
Most certainly, the Canadian Government believes them and is funding them to prove it.
What better endorsement can you ask for?
(as usual.....JMHO)
Wise, I'm in the process of moving into a new home and, for the next couple of days, will have very little time on my hands.
re ILCC, The company is sound and, at the current PPS, is a great buy...
I'll give you an extended view in a couple of days...
of course..........JMHO
Worldlymate, re: GECC....
I just read that PR.
Here's an excerpt;
"We've been in contact with a small number of other companies that have been
victimized by these internet predators. When you decline their offer to buy
'protection' from 'stock bashing,' they unleash a whirlwind on you," said
Brooker.
This is a classic example of a protection racket done electronically!
like many others, I picked up on GECC when they first started drawing attention on the message boards.
I really like the idea of what they are trying to do, but....
IMO, aside from the problems they listed in their PR, their main problem seems to be credibility, at least at this point.
When they didn't make their target date of May 15 for the 5-mil placement/funding, I started to have reservations.
Then, when they did announce it, two weeks late, not one word was said about the acquisition of the three TV stations.
I thought part of the 5-mil was to be used to buy those stations, but was it, did they, did they ever plan to?
In fact,....Did they really get the funding???
So far, what they say they have accomplished can neither be proven or disproven.
I can't go to their bank and look at their account, but if/when they acquire the TV stations, I can drive to the station and ask who the owner is!
Something material
IMO, they need to have something like that happen to restore investor confidence.
FWIW, just because they reconize a problem with stock manipulation or illegal activity doesn't mean they will overcome it.
This creates a very shaky platform for investors, but, regardless of this, they need to make something happen that can be varified.
Lord Ernie,
I have been receiving your newsletters for a couple of years and look forward to the information and investment advice you provide.
I'm very sorry you see you working in concert with John Hollen.
Perhaps he conned you.
The man has a horrible reputation for pumping deadbeat stocks and seems to have nothing to do but spend hours on his computer posting on many different message board sites.
He uses several different aliases on different boards, including a different alias on even his own GECC board..
The sooner you can break off any contact with this man the better it will be for your personal reputation..
good luck
Note: Since John Hollen will surly erase this post from the message board, I will also send it as a "personal message"
I need a little advice about my monitor please....
I have a 14" COMPAQ SVGA monitor.
The picture on the screen has shrunken a little, about a half inch on the sides.
I can expand the top and bottom, but then I get a tall, skinny picture.
But, I can live with that.......
The problem is that now, I have a flashing, static bar, about a half inch wide, going across the bottom of the screen.
I can expand the picture above it or below it, but I can't get rid of it.
Is there anything I can do about this or should I just junk the monitor?
Aside from that static bar, the picture and color are fine.
TIA
Arch, The announcement of the 5M funding for GECC makes the company real.
The next major announcement should be the acquisition of the three television stations to follow their plan for a Spanish Language Television Network...
If that happens, this stock is still way underpriced.....
GECC gets 5-million....
In a pre-opening PR this AM, GECC has announced that they have received the long overdue 5-million dollars for the private CD placement.
Sorry, I didn't copy the link, but it should be easy to find.
Joe,
It appears that Lord Ernie is a member of or runs one or two investment clubs.
One seems to be in Belgium and another in Flanders,(wherever the hell that is).
I've been receiving his newsletters for some time,(two years?) and he always seems to have good information that's ahead of the rest of the investment community.
I couldn't tell you if his newsletters catch Penny plays at the beginning of a trend or if his newsletters start the trend,
but, as far as I can tell, his information always seems to be complete and accurate.
Based on the information that GECC management has been putting out, the investor interest would have been there anyhow.
Lord Ernie just found it first.
With Penny Stocks it's always a good possibility that management is running some kind of scam.
As for GECC, my jury is still out.
ILCC has brought out a pre-opening PR,(two days in a row).
Based on their PR, this new move should generate between 9 and 18 million income per year.
http://www.quicken.com/investments/news/story/bw/?story=/news/stories/bw/20020530/a2141.htm&symb...
IMO, everything this company is doing looks good.
I find it very puzzling that the price isn't moving up faster.
Any thoughts would be appreciated.
Joe, he was not. That came from Lord Ernie, who has been sending me newsletters for a couple of years. Ironically, he has linked with John Hollen to form the new GECC board at IHub.(much to my dismay). Just today I pretty much told Hollen where to stick it. Christ! he seems to be on every IHub message board with his bad advice and he just won't shut up!
Apparently Lord Ernie subscribes to that website the article refers to. I checked it out and you have to pay to get the information.
Watch for these stocks to bottom and do a VERY nice bounce...
EBTB....currently .19.........bottom around .12
EASY....currently 1.30........bottom around .60
NSCI....currently .19.........bottom around .006
This could take days, or in some cases, a few months, but watch for it......
When they bounce, it's a short play for anywhere from 100% profit and up.
Joe, here's the newsletter that first got me interested...
Be your own judge....
The only glitch....Note the target date for the placement of the CDs for the 5M. This is critical!
GECC To Transform Itself From A TV Programmer
To A Multi-Station TV Broadcaster With Its Final Goal:
A Coast-To-Coast Hispanic TV Network To Serve
The Fastest Growing Body Of TV Watchers in America!
It will all begin when Golf Entertainment, Inc. (OTCBB: GECC) acquires
· Its first 3 TV stations in 2002
· Another 10 TV stations in 2003
· Another 15 TV stations in 2004
GECC will take the first step by raising $5 million in a private placement of 10% convertible debentures. Target Date: May 15.
At this writing, GECC stock is quoted at only 3¢ a share but when the news gets out, look out!
The Grand Plan of GECC features:
· An Initial Competition-Free “Small Market” Approach
· An Immediate Stream Of Revenue To Sustain Growth
· Unique, Quick Low-Cost Transmitter Construction
· Performance Based Employee Compensation
All the details appear in a copyrighted story in the independent online publication, Jack’s Journal (www.jacksjournal.net)
GECC Plans To Create National Hispanic TV Network
Copyright, 2002, Jack’s Journal
May 9 (Jack’s Journal) - Golf Entertainment, Inc. (OTCBB: GECC) plans a bold transformation of itself, from a provider of Hispanic television programming, into a new national Hispanic language TV network, Jack’s Journal learned today.
The company hopes to finance initial steps with a $5 million private placement of 10% convertible debentures.
The grand plan is to initially develop GECC into a small market, multi-station Spanish language TV broadcaster with three stations by the end of 2002 and another 10 stations in 2003, according to a detailed 12-part business plan prepared by GECC management headed by Chairman and CEO Tim Brooker.
The restructuring would immediately boost GECC annual earnings by a factor of 10 from $50,000 last year to $500,000+ in 2002.
A name change for the corporation is anticipated to better reflect the changing nature of the company’s business.
GECC stock languished at 0.03 on 0 volume at mid-week, but the news could change that rapidly.
The expansive plan calls for completion of the Regulation D, Rule 506 private placement by May 15 to accomplish the 2002 goals. GECC will issue common stock as an incentive to debenture purchasers.
Immediately, GECC would acquire a 3-station core with the acquisition of KVAQ-LP, in Springdale, Arkansas, headquarters of GECC, for a final payment of $291,000, plus two Oklahoma stations, KXIV-LP in Oklahoma City for $500,000, and KTZT-LP in Tulsa, for $250,000.
The acquisition targets previously programmed with Hispanic TV Network, which marketed air times at $20 to $40 per 30-second commercial before reverting to Christian, non-profit programming. GECC plans to create an immediate revenue stream by acquiring the properties and marketing the 3-station Springdale-Tulsa-Oklahoma City regional advertising package.
GECC believes it can establish revenue multiples with these properties that will stabilize at book values of $2 million per station after a year of solid operation.
From that 3-station base, GECC plans to obtain FCC licenses build economical pre-fab stations in 10 locations in Arkansas, Mississippi, Tennessee, Alabama and Georgia at an initial expenditure of $200,000.00.
GECC will file license applications for these 10 stations as a minority program provider and ask for expedited application handling. If it encounters delay in any of the target markets, the company plans to immediately seek either to buy or sign a License Management Agreement in that market.
The company believes it can successfully purchase LPTV or Translator licenses in target communities if the original license application is denied or delayed. Programming conversion to Hispanic language programs can start quickly -- within 36-hours of the signing of an agreement with a current licensee. The application and construction projects will take approximately 8 weeks per station.
By spreading the risk across multiple small market areas, management believes the company will be less vulnerable to competition than if it had invested the same amount of capital in one, large, high-volume market such as Los Angeles, Houston or New York.
GECC’s pre-fab, low budget station construction economies are key to its expansion plan. It can completely pre-assemble a transmitter building and UHF broadcast transmitter system in Springdale and assemble the station on site in 4 weeks per site. Tower construction and final installation will take 12 days more.
Constructed of efficient Bally modular transmitter enclosures, each 8-by-11-foot unit will leave the Springdale operations center equipped with a low-cost solid state, easy-to-maintain Itelco 1000 watt UHF transmitter, tuned to the FCC assigned frequency. Serviceable surplus equipment will be sold for cash and the proceeds used to fund the project.
Purchase of 13 such transmitters in one transaction will further markedly reduce our acquisition costs. Solid state efficiency plus the ability to monitor all 13 in a common system for operating problems from an operations center will eliminate the necessity of stationing a dedicated technician at each site, reducing operating costs.
Added construction savings have been achieved by purchasing structurally sound but slightly blemished materials and by relying on used, rather than new equipment items where possible.
Management is operating on the thesis that a "no-frills" approach to initial operations will result in the highest possible potential for success and establishment of the greatest possible value of the company to shareholders.
GECC will integrate and control the total operation by building a Network Operations Center in Springdale, relying on Internet-based fiber inter-station connections to move video data. Raw footage of a commercial from a distant market can be received and edited at the NOC and returned the same day via the Internet.
Satellite expenses of about $70,000 monthly will be avoided. Broadband, carrier class internet connectivity will allow GECC to move NTSC broadcast quality video and CD quality audio directly to the stations for approximately $7,500/month for the whole system.
Executive staff will be compensated at a flat rate of $48,000 per annum. Management believes in compensation tied to performance. No member of management holds stock options, but an employee options plan is being developed. A salary cap of $94,000 per annum will be in effect during any period in which there is private investor capital at risk.
Former CEO and Chairman, Michael Daniels will return to GECC as Senior VP head marketing and to train and deploy a sales force. Daniels successfully led the company in previous years to sales levels in excess of $35 million annually.
Compensation for sales staff will be based solely on performance. Executives will receive 10% of each revenue item. Line level sales staff will receive 20%. The incentive to sell is obvious. Market areas other than Tulsa and Oklahoma City, will each be handled by one full time sales representative.
The system will be operated by a dozen staffers in addition to the commission sales force. Other staff will be needed as the Oklahoma stations are brought online and will peak when GECC begins to develop 15 more markets along the East Coast.
Also..re: EBTB
This is a good example of how volatile this stock is...
At today's opening bell, one 800 share buy at the ask jumped the price up 5%
Arch, EBTB is coming off a 1:15 R/S last January.
With the current OS and float, at these prices, it's way undervalued.......IMO.
My DD tells me that is should bounce in the .12 area and should be a great short play
watch for it to trade sideways before it bounces...
we'll see......
FWIW...This stock is one of several that I'm using as test stocks for a new strategy I've developed and am still fine-tuning.
Joe, They're not starting new stations. There is one station that they either already own or are about to close on,(without the 5M) and they have two or three others lined up for purchase this year. They gave out descriptions and the purchase price of three stations, all currently operating in the southern farm belt.
To me, this says that the majority of their viewers would be/are migrant farm workers.
They would be much better off if it's not cable or satelite.
You can plug a TV in anywhere with rabbit ears and pick up VHF/UHF stations.........without the added expense.
Again, if they manage to pull off the private CD placement, this could work.......IMO
It isn't financing as such. They are trying to make a private CD placement for the 5M.
Unconfirmed reports say it's just a matter of crossing the t's and dotting the I's.
FWIW, Spanish language television is already pretty widespread. They just don't have a network.
Here in San Diego we receive three Spanish language stations coming out of Mexico and a "local" station of the Fox Network,(ch 6) is actually a Mexican station as well.
The plan does have merit, if they can pull it off.
Joemoney, Now I'm a little confused.
Did you look at GECC at all?
They are dumping any connections with Golf and their next anouoncement may be a name change.
Certainly they will do that soon.
When they get the 5M funds they will purchase three different television stations and convert them to hispanic television.
Their plans are to form the first Hispanic Television Network.
........if they get the 5M........
Joe, re: GECC
I saw your post on the new GECC board asking if it was another QBID.,,,,,,,,,Considering that John Hollen is co-manager of that board, I think it's a valid question.....:)
As for Lord Ernie; I've been getting his newsletters for over a year and he usually has some pretty good suggestions.
As for GECC; The answer to your question is.....No, it it not another QBID......unless.
If they have lied about the private placement of some CDs to raise 5M funding, then they've lost my vote.
But, if it happens, and it looks like it will, the stock could take off.
First, they have to get those three stations under their belt.
as usual.....JMHO
Arch, EBTB has been on a downtrend for six months.
Today it closed at .19
Watch for a bottom and a nice bounce at around .12-.13
hopefully it will trade flat first.
FWIW....
OS...1.8 M
Float....500K
tc, thanks, but I'm not going to any more trouble on this.
Everything seems to be working fine, except the keyboard.
Walmart has internet ready keyboards for 15-bucks...
Besides, the printed letters on the keys are wearing out on this one also....:)
FWIW....The free demo-version of the ProtectorPlus anti-virus program did a great job of cleaning up my system, but afterwards it caused so many problems that I was ready to re-install Windows 98.
As soon as I uninstalled ProtectorPlus the problems all went away.
The Program cost about 30-dollars and, if I can order it on a CD I will.
That way, I can install and uninstall as needed.
thanks for your help.