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Did you know, that if the claim acres of CMKX would be 36.000 miles long, if the width was 210 feet wide?
No, because MM's would walk it down to 8 EOM
If your a basher then you could do alot more by going to the races here. But suggest you check your life insurance first, may not cover you here, if you do go.
http://www.nhra.com/apcm/APCMviewer.asp?a=2430&print=yes
Only if you can prove you have been to the races, and can show a ticket stub.
You mean 7.03 bil shares after REPORT SPECIAL EOM
Ok, another Bed time story
ETCH, back 2003 the CEO passed away and the company just kind of feel away.
Stock at one time was in the 11.00 range, then started down.
In Dec 04 a filing was put out, that the company was in the process of coming back.
In Janurary a filing was submitted for Pink Sheet, but has not surfaced yet, and this stock trades on the grey sheet.
Float 98 million
I own this stock, and one can only buy, if a limit of .02 is made, and you do not request many shares. About all I have been able to buy, is in 5,000 lots.
ELITE TECHNOLOGIES INC /TX/: 8-K, Sub-Doc 1 BACK PRINT THIS PAGE CLOSE WINDOW
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant
to Section 13 or 15(D) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 7, 2004
ELITE TECHNOLOGIES, INC.
(Exact name of Registrant as specified in its charter)
Texas
(State or Other Jurisdiction of Incorporation)
0-17597 06-1196501
------------------------ ----------------------
(Commission File Number) (IRS Employer
Identification Number)
330 East Maple Road, Suite 289
Birmingham, MI 48009-6313
---------------------------------------- ---------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (248) 644-4539
Former Name or Former Address, if changed since last report:
3340 Peachtree Place, Suite 1800, Atlanta, Georgia 30326
Item 5.02 Kathryn E. Schuster has succeeded her late husband Scott Schuster as
Chairman and sole Director. Alexander E. Kuhne, former outside counsel to the
company, has been named President, replacing Mr. Schuster, who passed away on
December 28, 2003. Also, former Elite employee Robert Elliott has been named
Secretary, and former employee Brett Lowenthal has been named Treasurer.
Item 8.01 On December 7, 2004 Elite Technologies, Inc. issued a press release
announcing its intent to re-start operations by expanding into the ownership and
operation of automobile rental franchises. In effecting the planned expansion,
the Company has agreed to enter into negotiations with U-Save Auto Rental of
America, Inc. for multiple franchise locations.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ELITE TECHNOLOGIES, INC.
(Registrant)
By: /s/ Alexander E. Kuhne
---------------------------------------
Name: Alexander E. Kuhne
Title: President
Date: December 9, 2004
FOR IMMEDIATE RELEASE
Contacts:
Mark Johnson (410) 637-3232
Lex Kuhne (248) 644-4539
TheNewElite@Gmail.com
ELITE TECHNOLOGIES, INC. (OTC: ETCH.PK), Re-starts
Operations, Plans to Expand Operational Portfolio to Include
Automobile Rentals
Birmingham, Michigan (December 6, 2004) Elite Technologies, Inc. (OTC:ETCH.PK)
announced today that it is re-starting its operations by entering into
negotiations to expand into the automobile rental industry via the owning and
operating of franchises. The company has received a letter of understanding from
U-Save Auto Rental of America, Inc., indicating the companies' mutual desire to
enter into negotiations for the Company to obtain and operate franchises in
multiple markets, notably Las Vegas and various California markets.
Elite has not operated or had any officers since the unexpected December 28,
2003 death of Scott Schuster, the company's founder, Chairman and C.E.O. Mr.
Schuster's widow, Kathryn E. (Beth) Schuster has succeeded Mr. Schuster as
Chairman and sole Director.
Ms. Schuster has named the company's former outside counsel, Alexander E. (Lex)
Kuhne, as President, former employee Robert Elliot as Secretary and former
employee Brett Lowenthal as Treasurer.
"It is vital to get Elite back operating as quickly as possible," Mr. Kuhne
said. "After various shareholders approached me to investigate the situation, it
has taken a substantial amount of time and effort to create the relationships
necessary to get Elite started again. The company has suffered for quite some
time, but we're turning the corner. Many people invested a lot of money in Elite
while Scott was alive, and the company's shareholding principals, including Beth
(Schuster) and I, are eager and hopeful to once again make Elite a successful
operation and create value for Elite's shareholders and investors."
"The rental car business is, admittedly, a departure for Elite," Mr. Kuhne
continued. "But we are excited about the prospects it offers Elite and its
shareholders. The rental car industry in general, and U-Save in particular, are
opportunities I was pursuing privately prior to again becoming involved with
Elite. The resources that a revived Elite and U-Save can bring to their
contemplated business relationship are many and mutually beneficial. We expect
this to be a positive first step of many on a new path to benefit Elite and its
investors."
The company has created a new e-mail address (TheNewElite@Gmail.com) for any and
all parties interested in Elite's recent past and future.
SAFE HARBOR: This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. The forward-looking
statements are based on current expectations, estimates and projections made by
management. The Company intends for the forward-looking statements to be covered
by the safe-harbor provisions for forward-looking statements. Words such as
"anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates,"
or variations of such words are intended to identify such forward-looking
statements. The forward-looking statements set forth herein include the signing
of a definitive acquisition agreement and that a closing will take place. All
forward-looking statements in this press release are made as of the date hereof,
and the Company assumes no obligation to update these forward-looking statements
whether as a result of new information, future events or otherwise. The
forward-looking statements are subject to risks and uncertainties that could
cause actual results to differ materially from those set forth or implied by any
forward-looking statements. These uncertainties include those set forth in the
Company's SEC reports, including the Company's Form 10-KSB and other filings.
Copies of these filings are available through the SEC's electronic data
gathering analysis and retrieval system (EDGAR) at http://www.sec.gov.
Copyright © 2005 QuoteMedia. All rights reserved. Terms of Use.
Financial data powered by QuoteMedia, www.quotemedia.com, SEC filings by 10kWizard.
Myself, like NCDP, Wallgreens, and CVS to carry product. I contacted Wallgreen, even tho it was stated in a NCDP press release, that Nici Drops would be carried by CVS & WallGreen.
I did get a reply from the Wallgreen corporate office, stating they will be ,and some locations, already have this product on the shelves. @ .012
Nico Drops is to start a major Ad promotion in May.
Aid to stop smoking, all natural.
More of a bed time story, but this stock, has no news, and a few weeks ago, went from .02 to .45, in 3 days, then back down to .03.
Today, started out at .03, went to .12, now back to .09.
8K stated, they need to find some business if they are to stay in business.
1 mil float, 5 mil O/S (ITHH)
Thinking about SIRI as an investment?
http://members.vectorvest.com/newstockanalysis/danalysis_yahoo.aspx?HTTP_REFERER=http://charts3.barc...
Martha has signed with SIRI radio EOM
Martha has signed with SIRI radio EOM
1,000 ducats = 10,000 english Groats EOM
Punch on SGGM website, this is what comes up
http://www.stgeorgemetalsinc.com/
Dollar is sucking hind milk faucet EOM
Whats ahead for Gold?
http://www.financialsense.com/editorials/barbera/2005/0414.html
Keeping up with the metals
http://www.financialsense.com/metals/main.htm
Keeping up, if can keep from biting your finger nails.
http://www.financialsense.com/stormwatch/main.htm
It takes 3.8 billion of foreign investments each day into the Fed to keep the country afloat.
Does not look good down the road.
Press Release Source: El Capitan Precious Metals, Inc.
Chuck Mottley, President of El Capitan Precious Metals, Inc., Sends Out Annual Shareholders' Letter
Monday April 18, 7:00 am ET
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--April 18, 2005--Chuck Mottley, President of El Capitan Precious Metals, Inc. (OTCBB: ECPN - News), has sent out his annual shareholders' letter:
ADVERTISEMENT
Dear Shareholders:
During the year 2004 and the first quarter of 2005 El Capitan Precious Metals, Inc. has increased its asset base dramatically. We have been an exploration company, acquiring mining properties, and preparing them for sale to larger mining companies by drilling and assaying.
In this second quarter of 2005 we expect to be in production with a positive cash flow from our "high-grade silver" project in Nevada. Originally we planned on operating in Congress, Arizona, but changed to Nevada for logistical reasons. We have five people directly assigned to this project.
In addition, we expect to have the additional drilling and assaying completed at the El Capitan property in New Mexico in the second quarter of 2005. The recent assays of 32 samples at 0.12 gold equivalent gives this property a very high value when compared to similar properties throughout the world. We also have the magnetite iron ore, which not only lowers the cost of mining the precious metals, but would provide an additional profit center for the company operating the mine.
Mining properties are usually sold with a scenario such as: 1) A down payment of stock, cash or a combination of both, 2) A 5 % royalty, and 3) A 6% carried interest in the profits of that particular mine.
The management of the Company has already been in contact with at least one potential buyer. We will need to complete the drilling commencing next week along with a third party assay of the precious metals to complete the documentation needed to offer the property for sale.
The Company has successfully sold 80% of the COD mine in Arizona to a company whose stock is publicly traded. The stock will be unrestricted and marketable by the middle of May.
The Weaver mine located in Arizona is another of our assets. We believe that there are significant values in this property. At this time we are working on a budget to start testing this mine. The Company increased its iron ore reserves with the acquisition of the rights to the Rainbow Valley property. Recent drilling and assaying the 1620-acre placer property indicated an estimated resource of over 30 million tons of iron ore.
The Company is presently negotiating to lease/purchase an iron property located in Nevada. This property has an estimated 100-plus million tons of iron ore with three million tons already mined and stockpiled.
Management has been working to conclude the Memo of Understanding with the Chinese steel company. The railroads do not have the capacity for us to ship to the port of Long Beach, Ca. There is the possibility of shipping from Guaymas, Mexico, but the issues with transportation remain. We are presently having positive conversations with the railroads about shipping from the Nevada iron property to a port in the San Francisco Bay area located at Richmond, Ca.
We are also in direct conversation with the Chinese through our agent, Asia Finance Corp., about the possibility of a joint venture with the Chinese. They need iron ore. We have iron ore. The issues of transportation deem to be our biggest obstacle.
The Company has made four additional appointments to the Board of Directors. All of these men are quality people with high integrity who have been very successful businessmen.
Management is excited about the dynamic state of YOUR Company. Progress continues on all of our projects. It is also comforting to know that we are not dependent on one property or project for a bright future.
Sincerely,
Chuck Mottley, President
El Capitan Precious Metals, Inc. is an exploration stage company that owns a 40% interest in the El Capitan mine located near Capitan, New Mexico, as well as a joint venture and 20% ownership of 13 mining claims and other assets known as the C.O.D. mine located near Kingman, Arizona. In addition, the Company owns contractual rights to the Rainbow Valley mine consisting of 1660 acres and 100 % of the Weaver mine, both near Phoenix, Arizona.
The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the results of metallurgical testing, the ability to mine precious and other minerals on a cost effective basis, the company's ability to successfully complete contracts for the sale of its iron ore and other products; fluctuations in world market prices for the Company's products; competition from iron ore producers worldwide, which producers have greater resources and more established operations than those of the company; the company's ability to arrange transportation from its mining properties to ocean ports on satisfactory terms; the Company's ability to obtain or maintain regulatory approvals; the company's ability to obtain financing for the commencement of mining activities on satisfactory terms; the Company's ability to obtain necessary financing; and other risks and uncertainties described in the Company's filings from time to time with the Securities and Exchange Commission. The Company disclaims any obligation to update its forward-looking statements.
--------------------------------------------------------------------------------
Contact:
El Capitan Precious Metals, Inc.
Ron Perkins, 480-607-7093
www.elcapitanpmi.com
--------------------------------------------------------------------------------
Source: El Capitan Precious Metals, Inc.
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Related Quote
ECPN.OB 0.41 0.00 News
View Detailed Quote
Delayed 20 mins
Providers - Disclaimer
Related News Stories
· El Capitan Signs Contract with Drilling Company to Drill 14 Test Holes on the El Capitan Property - Business Wire (Tue Mar 29)
· El Capitan Precious Metals CEO Chuck Mottley Announces Final Results of Mining Property and Corporate Strategy With PRBroadcast.com in Online Interview - Market Wire (Fri Mar 18)
· Dr. Clyde Smith Provides Final Results of Assays and Recommends Drilling Program - Business Wire (Wed Mar 16)
· El Capitan Updates Progress on Agreement for Sale of Iron Ore to the Chinese Steel Companies - Business Wire (Wed Mar 9)
More...
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Interesting I should think
ECPN is selling 80% of claims to a company that bought 80% of claims (USCA) of 720 K Restricted shares. ECPN states in a press release yesterday, the shares will not be restricted after May 15.
Then I see on this that Deutsche Bank Ag of London to purchase 4,131,503 shares 5.38% from Langley Park Investments on 04-06-05
http://subpennyman.nventure.com/CMKX%20Interlocking904.gif
SEC Sets New Hearing For CMKM
4/18/2005 8:04 AM
(Rapaport...April 18, 2005) CMKM Diamonds Inc., of Nevada, has said that
a new hearing has been set for May 10 in Los Angeles, California, by The
Securities and Exchange Commission (SEC.)
In a release issued on April 15, CMKM assured its stockholders and the
investing public that all corporate updates will be made solely through
press releases or Form 8-K as and when they become available.
On April 13, a prehearing conference call was held between CMKM’s
council, the SEC's division of enforcement and an SEC administrative law
judge. The administrative law judge refused the division of
enforcement's request for summary disposition and set a new hearing for
May 10 in Los Angeles.
The SEC is determining whether the registration of CMKM Diamonds, also
known as Casavant Mining Kimberlite International Inc., should be
revoked.
On March 3, the SEC temporarily suspended trading of CMKM's securities
for 10 business days, citing a lack of accurate and complete public
information about the company. But as the suspension was to expire on
March 16, the SEC filed to seek suspension or termination of CMKM's
securities.
Ok, that takes care of the 1% I lacked EOM
I hope my life one day does not get to the point, that should I become convinced that a stock in question is a scam, that I hang around message boards most of the day wasting my time trying to convince others, that the stock is a scam.
What a no life deal that must be.
But then again, I guess I only know about 99.0% what motivates people.
Yep, Yahoo shows a high .0006 today EOM
Yes, sorry BXTRR
O/T whats with BRTXX today. open .01, now .11 EOM
Take your wife, or sombody elses wife to the races this week end.
http://www.cmkxtreme.com/news.asp?ID=78&view=fulltext
SEC e-mails get an auto reply which I am sure they can keep a list of replys sent back, to the sender.
Nice NEWS in a Nut Shell, every day
Might want to book mark this
http://www.financialsense.com/stormwatch/main.htm
Could it be the Hedge Funds are
Could it be the HEDGE FUNDS are
-----------------------------------------------------------------
Being sort of a contrarian which usually means I think in reverse terms for a given subject.
I have given this naked short trading issue alot of thought.
The basics are as I understand it, alot of money can be made from Naked Short Trading, and it appears alot of companies may have gone belly up from Naked Short trading. However, sometimes things are not what they appear to be.
It has been stated over and over again, that offshore hedge funds may be one of the biggest culprits.
Could it be, the hedge funds are setting up small Pink sheet companies, using front people, just to make the money from Naked Trading on their own company, that they set up.
They are not cercerned about making or selling a gizmo, tho they may put out company reports to that effect.
After 6 or 8 months, they turn the lights off, lock the doors, and move on, as the money was made from the trading, not the gizmos.
Yes, it would take a few higher up people to play ball, but that is possible.
In fact I own a stock that has about 7 bil O/S, can not find any info on, other than some reports they put out. Can not even find Sec filings for the company. Yes it trades about 1 and 1/2 billion shares on some days.
This in no way is meant to be construde as my thoughts regarding CMKX, or with this post hinting that to be the case, with CMKX.
Logged
-----------------------------------------------------------------
They ran out of stock to back the CERTS, the results of NS surfacing.
Sec regulations, stupid or what?
What the fly on the wall at the SEC hears:
Of course we do not care about the best interest of the pink sheet investors. You know, 300 shareholders of a Pink, do not have to be told anything by a company. We do not care about 300 people. But if the sharholder count raises, we need to be able to have an in, should they not report. Would be a chance to get some fines, or get control, of a companies ability to excel, should they step on toes that we are for, you know what I mean.
So far, we the SEC have done a great job, having the investor trying to figure out what the he-l the regulations state most of the time. Our SEC filings are so great, most do not give simple term explanations, whats being said, or done. They are hard to comprehend, and we have suceeded, and we call it (in the best interest of the investors.)
A little dated map of Saskatchewan
http://www.rootsweb.com/~cansk/maps/trading-posts-forts.html
Not that I am aware of, But Mr. Williams of Broadband who was to be placed on the BOD, has received oli lease royalties from a Canadian Company. Mr. Maheu is versed in oil also, handled oil leases back in Texas many years ago for Hughes, who's Dad built the famous oil bit drill.
20,000 oil wells, 10,000 gas wells in Saskatchewan.
http://www.saskschools.ca/~gregory/sask/mining.html
Another substance found in SASKATCHEWAN
http://education.jlab.org/itselemental/ele032.html
This is great, but where is the REST ROOMS?
http://subpennyman.nventure.com/CMKX%20Interlocking904.gif
Yes, NS does not ruin Great companys, Great companys ruin NS.