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ahh the sweet smell of mm fear!! volatility rocks!!
yes or they already know what the buyin price is gonna be and r sceeered
:) ha welcome to the volcano!!
this is when amtrd will lift their restriction>>>> Bancorp International Group Inc will shortly be making a further announcement relating to the procedure and process of the company's intention to recall and re-issue all of the company's share certificates.
so sellers be short not them!!!
careful if you sell you mite show a naked short position till this share exchange/buy in straghtens this out
haaaa :) 2mil sh at the ask since noone was"supposedly" allowed to buy HAAAhaaa hmmmm?
this is a great co?Ameritrade Is Accused of Delaying Trades
Wednesday August 10, 4:01 pm ET
By Kevin O'Hanlon, Associated Press Writer
Online Broker Ameritrade Is Being Accused of Delaying Orders to Buy and Sell Stock
LINCOLN, Neb. (AP) -- Online broker Ameritrade is being accused of costing investors $100 million by delaying orders to buy and sell stock.
A class-action lawsuit filed in U.S. District Court alleges that Omaha-based Ameritrade Holding Corp. in one instance took more than an hour to execute a trade, costing an investor more than $26,000.
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"Some of the trades ... were delayed hours," said attorney Max Folkenflik, who filed the lawsuit for Telco Group, Inc., a telecommunications company based in Flushing, N.Y., on behalf of all Ameritrade customers since April 2000.
Ameritrade spokeswoman Kim Hillyer declined comment on the lawsuit.
Folkenflik said Ameritrade advertised that the median time to execute all trades from August 2003 to January 2004 was less than three seconds.
In one example listed in the lawsuit, Telco placed an order to buy 175,000 shares on the Nasdaq Stock Market on Jan. 7, 2004. The high price when the trade order was received was $37.54 per share, while the low price was $37.53.
The transaction was received at approximately 3:05 p.m. but was not executed until 4:20 p.m., when the shares were trading at $37.68 per share, according to the lawsuit.
"As a result of Ameritrade's failure to process the trade promptly and at the best possible price under the circumstances ... Telco lost $26,250," according to the lawsuit.
Another class-action lawsuit against Ameritrade is pending.
That lawsuit was filed by David Zannini of Angier, N.C., and three other Ameritrade customers who said the glitches in Ameritrade's online system were caused by "antiquated and inadequate systems and an insufficient number of employees" to help customers make trades.
The lawsuit claims Ameritrade spent its money on recruiting new subscribers rather than fixing the problems.
That action is pending in Douglas County District Court.
The dismissal of another class-action lawsuit against Ameritrade is on appeal to the Nebraska Court of Appeals.
That lawsuit was filed by Mitchell Green of Los Angeles, who agreed in 1998 to pay $20 a month for an Ameritrade service to get real-time information on stocks and options.
His lawsuit, however, alleged that the information on the options -- agreements to buy or sell a stock at a certain time or price -- was "stale."
Douglas County District Judge Gary Randall recently ruled that Ameritrade's promise to make "real time" trades did not amount to a contract with its customers.
Founded by Joe Ricketts of Omaha, Ameritrade rapidly expanded in 1997 when it began offering rates as low as $8 a trade.
Ameritrade recently signed a deal to acquire rival TD Waterhouse USA from TD Bank Financial Group for about $3 billion. The deal would make Ameritrade the largest online broker -- at an estimated 239,000 average daily client trades.
Last year, Ameritrade had net income of $272.3 million, or 64 cents a share on $880.1 million in revenue.
Shares in the company rose 9 cents to $20.06 in afternoon trading on the Nasdaq Stock Market.
On The Net
Ameritrade: http://www.ameritrade.com
U.S. District Court of Nebraska: http://www.ned.uscourts.gov/
no prob w/mytrack..get what ya pay for i guess
ya know all this petty bickering while new orleans could be underwater by this time tomorrow is makin me sick!! thousands if not 100,s of thousnds of lives are in danger and all yall can think about are your own f,n egos
i got time :) completely confident to let megas do what hes gotta do . he's gettin it done is all that matters:) anyone whos ever had a legal issue knows it takes time! it took me two months to work thru a speedin ticket for cryin out loud :)
we can speculate all we like on terms & conditions; but we, like you- all have to wait for next news on this "Bancorp International Group Inc will shortly be making a further announcement relating to the procedure and process of the company's intention to recall and re-issue all of the company's share certificates." glta
boomtime: ceo is trying to preserve sh value; so, one FAIR way would be to set a buyback price and an ex date in which everyone would sell their shs back by a certain date for a set amount once all shares are retired , open with new symbol and cusip ...then if you wish to buy into the shell berfore the rm supply and demand will prevail bwtfdik ;) wb
sounds like a nice one !! time it right youll have a nice inside job for winter :) mmmm heated :)
edit knowin you youll have it done in a month and be ready for the next one by nov!!
liar! :) you said yerself they're all POS!!!haa hope alls goin well wit ya cap'n i havnt been @ much this year as new constructions been boomin and seems they all need STAIRCASES nRAILINGS :) have a good one cappy ,WB
:) my point exactly i just dont want to push any unconservative numbers on any one , let the math speak for itself :)
rlang my take is even if there were 400mil sh out an rm into a 60 mil co would equal a book value of .15 so my most conservative guess is half that .075 for what its worth bwtfdik :) gl to ya
now if the os gets back to 4.9 mil ?? do the math and use yer own jdgment; whatevers right for you :) best o luck, Bill
BCIT one of em YEEEEHAAAA!!!!!!!!100 % today 1600% on ma buy
$20k baybeee
http://www.investorshub.com/boards/read_msg.asp?message_id=7252281
awesome day!! see yall monday WAAHHHOOOO
ps. WHAAAAAT only a double?!!!!!HAAAA
just claw marks on the cliff !!try as they may they're still goin down WEEEEE
they're graspin at straws eagle they know they're screwed ;)
gonna close just like yesterday on a dt which leaves us open for another double... like today :)) !!!
mine are AUTHENTIC MEGAS SHARES
schb in denial.. fightin for his life "resistance is futile" :) !!!
yup quin gone !SEE YA
float? there aint nuthhin left for these mms ps hows it goin swing been a while!! glt yall
BCIT BAYYBEE 16 BAGGER :) !!!!!!!!
nice job susie :) gl w/ the rest!!
SCHB the last holdout @021
BCIT SHOOTIN TOWARDS 10 BAGGER !!!WAHOOO:)
SCXC Sciax Corp. CEO Announces Formation of Advisory Board to Manag
Growth Opportunities ( PRIMEZONE )
B: Sciax Corp. CEO Announces Formation of Advisory Board to Manage Growth Opport
nities ( PRIMEZONE )
BAY CITY, Mich. and TORONTO, Aug 26, 2005 (PRIMEZONE via COMTEX) -- Sciax Corp.
(Pink Sheets:SCXC) today announced the formation of an Advisory Board to oversee
the company's growth opportunities. The Board will be headed by newly appointed
CEO Giorgio Costonis, Chairman Nitin Amersey and Aldo Rotondi. Mr. Rotondi
previously served on the Board of Directors of Sciax Corp. but later resigned
due to disagreements with the former executives of the company. He recently
spoke of his new role at Sciax Corp. "Sciax is creating an Advisory Board, the
purpose of which is to add depth to the management team and gather knowledge
from experienced business professionals and select individuals within the
industry. This will increase Sciax's capabilities while exploring new
opportunities to enhance shareholder value. I look forward to working with
Giorgio and the new management team in this endeavor. We have a lot of wonderful
opportunities available which can help to expand and diversify Sciax Corp."
Giorgio Costonis, CEO of Sciax Corp. added, "This undertaking is targeting all
divisions of the company to increase overall shareholder value. It should be
looked upon as an internal strategic audit of corporate performance and a
re-examination of all opportunities for revenue and growth over the next two
years. We are committed to doing everything we can do to improve the performance
of Sciax for its shareholders. RMD Entertainment, as well as the defense
division, will also be examined very closely by our Advisory Board. We will
continue to be aggressive in pursuing all of the opportunities presented to the
company while maintaining a controlled schedule of growth. Sciax has a lot of
decisions to make and each one will be made with the best interests of the
shareholders in mind. I am confident that the addition of Aldo Rotondi will
enable us to manage all the tasks at hand, professionally and completely."
About Sciax
RMD Entertainment Inc. Division
RMD has experienced good success on the international level with its dance hits
and productions involving a variety of styles by many well-known artists. RMD
has produced a wide variety of music including Hip-Hop, Pop, World Music,
Trance, Breaks, Tribal House, and Underground House Music. RMD's producers have
collaborated with some of the most influential names in the music scene today
such as Sting, David Byrne of the Talking Heads, George Kranz, Freedom Williams
of C & C Music Factory, Steve Winwood, Robin Scott, and Jazz Saxophone legend
Bill Evans.
Sciax Defense Division:
Sciax Defense is an emerging leader in defense imaging systems for law
enforcement and military personnel engaged in counter-terrorism and other
special security operations. Sciax America Inc. and Sciax Technology Inc. are
wholly owned subsidiaries of Sciax Corp. http://www.sciax.com. Wolf Pack, the
company's tactical remote viewing system, is manufactured under license from
Eomax Corp., and is used by law enforcement and military organizations in North
America and Europe. Customers include military and law enforcement agencies of
the U.S. and German Governments, contraband interdiction units of Canada
Customs, and LAPD-SWAT.
This release contains forward-looking statements with respect to the results of
operations and business of Sciax Technology Inc., Sciax America Inc., RMD
Entertainment Inc. and Sciax Corp. which involves risks and uncertainties. The
Company's actual future results could materially differ from those discussed.
Risks and uncertainties of the Company will be detailed from time to time in the
Company's periodic reports. The Company intends that such statements about the
Company's future expectations, including future revenues and enforcement and
defense imaging system earnings, entertainment product earnings, and all other
forward-looking statements be subject to the "safe harbor" provision of the
Private Securities Litigation Reform Act of 1995.
SOURCE: Sciax Corp.
By Staff
CONTACT: Sciax Corp.
Elliott Nadel (for Sciax)
(516) 750-9719
en@empirerelations.com
(C) 2005 PRIMEZONE, All rights reserved.
-0-
INDUSTRY KEYWORD: Aerospace & Defense
SUBJECT CODE: MANAGEMENT CHANGES
Directors and Officers
*** end of story ***
CRGO Cargo Connection Logistics Holdings, Inc. Chairman Issues Shareho
der Message
Cargo Connection Logistics Holdings, Inc. Chairman Issues Shareholder Message
Business Editors
INWOOD, N.Y.--(BUSINESS WIRE)--Aug. 22, 2005--
To the Shareholders of Cargo Connections Logistics Holding, Inc.
(OTCBB:CRGO)
Since the June 30, 2005 10QSB is the first financial report we
have issued as a public company, I thought it would be appropriate to
explain some of the nuances of our business and update you on what has
transpired over the past few weeks.
First of all, I've been delighted by the level of interest we've
received from our shareholders. A significant number have called
asking for updates on our plans while several have actually stopped in
for a visit at our headquarters in New York. Virtually everyone who
has visited the facility has had the same reaction; how impressed they
all were with the size and scope of our company.
To truly understand our business you have to take into account
that our country is one of the world's largest consumers of goods. It
should come as no surprise to any of our shareholders, or for that
matter anyone in the United States, that our country does not produce
most of the merchandise it consumes. Therefore, about 80 percent of
the items used in our everyday lives such as clothing, bedding,
electronics, etc. are produced outside of the country - and that's
good news for us because the transportation of these goods is what we
are all about.
It is critical that you, our shareholders, understand that
companies in our industry (and we are no exception) traditionally do
approximately 40 percent of its volume in the first two-thirds of the
year and the other 60 percent of its volume in the last third of the
year. In the industry we refer to this as "peak season". Please keep
this in mind as you look at our sales for the first two quarters.
Traditionally we are able to make up any deficits incurred in the
first part of the year with the business we generate in the latter
part of the year. To that end, we have recently signed agreements with
several new clients such as Continental Airlines and we have expanded
our relationship with a Fortune 500 company (please note, we are
respecting the wishes of this company not to publicly announce its
name).
We also recently announced the formation of a new subsidiary,
Independent Transport Group, LLC ("ITG") which we believe will have a
very positive impact on our business by providing us with the ability
to attract more independent operators who are the lifeblood of our
industry.
It is important to note the significant costs of going public and
complying with the guidelines required to operate as public company as
well as the sorting out of the beverage assets are reflected in the
most recent filing.
Moreover, during the first half of this year one of our customers,
Limited Brands, instituted significant changes with regard to how they
do business and it has had a negative, but what management believes
temporary, impact on gross revenue. In response, management has taken
steps to reduce overhead associated with the operations involved with
Limited Brands. In spite of these actions the company realized a
modest increase in transportation sales compared to the same period
last year.
Additionally, we work with many companies in the fashion industry
which is very seasonal. However, we have and continue to diversify our
client mix to include hi-tech, personal care products, foodstuffs,
etc. and it is through this expanded and diversified client mix as
well as the recent entry and expansion of services in new and existing
markets that we believe will allow us to achieve organic growth which
will eventually be enhanced through acquisition.
What's particularly rewarding is that many of our shareholders,
specifically the ones who have paid a site visit, have commented that
unlike many Over the Counter Bulletin Board companies, we have a great
foundation to build upon. It's also quite evident for anyone who knows
us that we are driven to build on that base and grow our business as
quickly and as efficiently as possible.
The other piece of the equation that is important for you to
understand is that our infrastructure will sustain exponential growth
with incremental additions. The systems we currently operate are
capable of handling more than 10,000 users and in excess of $1 billion
in revenue. Based on such scalability, we believe that we are in a
position of growth in a multi-billion dollar industry.
Currently we have approximately 300,000 sq feet of warehouse space
that is United States Customs Bonded. Those are the stations that have
been referenced in all of our press releases. We have between 35 and
50 tractor trailers with our placards on the side of them.
We have an extensive computer system and an IT Department to
support that system as well as our LAN and WAN networks. In fact, our
computer system will easily accommodate up to twenty (20) times our
current volume. The system has the capacity to sustain around the
world operations. It is supported with an imaging system that gives
our customers immediate access to up-to-the-hour information on the
whereabouts of their freight.
This system will be part of the platform on which we will be able
to grow. I think it is also important to note that we are targeting
future acquisitions that will allow the company to spread the cost of
our operations as a whole. These companies will not only add revenue,
but will fill capacity in the stations that have the room to
accommodate additional business.
Currently we are in various stages of negotiations with four
different acquisition targets each of which will be accretive to
earnings if they come to fruition. We've also set strict performance
guidelines and standards that will be associated with any and all
agreements prior to an acquisition being completed.
Last week we announced the formation of ITG. As previously
mentioned, this will be a very important part of our future. As the
program develops, you will be kept abreast through our normal channels
of communications.
I also want to explain why it has taken longer than we anticipated
to complete this filing. For one, we have recently changed independent
auditors and that has taken its toll time wise. Additionally, it has
been our position from the get go to provide the most timely and
accurate information possible. We do anticipate this process to run
smoother with future filings.
To say the past few months have been hectic would be an
understatement. But, it's also been very rewarding. We not only have
our eighty plus employees behind us but a strong shareholder base. I
welcome your calls and, yes, even the impromptu visits. While I cannot
predict the future, I can tell you that we will continue to strive to
do our very best to reward your valued support.
Jesse Dobrinsky
Chairman, Cargo Connection Logistics Holding, Inc.
About Cargo Connection Logistics Corp. / Mid-Coast Management,
Inc.
Cargo Connection Logistics Corp. is a leader in world trade
logistics. Headquartered adjacent to JFK International Airport, the
company is a transportation logistics provider for shipments importing
into and exporting out of the United States, especially through the
Gateways of Chicago, Illinois; JFK, New York; Miami, Florida and
Atlanta, Georgia with service areas throughout the United States and
North America. Mid-Coast Management operates container freight station
operations specifically designed to handle internationally arriving
freight for companies like Mast Industries, the major supplier to
Limited Brands - one of the world's largest multi-brand specialty
retailers as well as many other significant fashion brands. Since its
inception, Mid-Coast Management, Inc. has developed relationships with
many other retailers and works with Freight Forwarders from around the
world.
Additional information about Cargo Connection can be obtained at
its website http://www.cargocon.com.
The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward-looking statements. Certain of the
statements contained herein, which are not historical facts, are
forward-looking statements with respect to events, the occurrence of
which involve risks and uncertainties. These forward-looking
statements may be impacted, either positively or negatively, by
various factors. Information concerning potential factors that could
affect the Company is detailed from time to time in the Company's
reports filed with the Securities and Exchange Commission.
KEYWORD: NORTH AMERICA NEW YORK UNITED STATES
INDUSTRY KEYWORD: TRANSPORT MARITIME TRUCKING
SOURCE: Cargo Connection Logistics Holding, Inc.
CONTACT INFORMATION:
For Cargo Connection Logistics Holding, Inc., Inwood
Peter Nasca Associates, Inc.
Peter Nasca, 305-937-1711
pnasca@pnapr.com
*** end of story ***
OOH BAABBYYY!!:))
kodiak lol can u put that in the bcit ibox!!
its all about perspective, some mite say its a week hand but...
i spent1600 for 580k sold that for 4600 which some saw as a weak sell; i used that 4600- now im sittin on 800k thats what i call "compounding MY interest" :) gltyall
whoa!!awesome call congrat's!!
ya know itll be a nice walk.. to the bank!
lookin more like just 50% retracement before next leg up