In Florida overlooking the Intercoastal Waterway..
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Why don't they take live question's.. I e-mailed mine and it was what did ACGX get for doubling St. Shits shares with a stroke of a pen.. I'm sure that will be the first one they answer.. hank
If they are considered to be Chicago Thugs they are really low level and only equal to street dealers in crack distribution that go after the weak ,, misimformed and helpless..
I don't think they will ever become big enough to raise any eyelids when compairing them to other Chicago Thugs and Community Organizers.. hank
Management hopes you make others believe your statement because then they can convert and sell more stock.. hank
You really are out of date with that posting,, but don't feel bad because most here only know the symbol.. hank
$acgx, as of 9/30/2013 Public Float: 189,965,144,,,
Common Stock Outstanding shares: 290,144,119
© 2014 InvestorsHub.Com, Inc.
But you and I both know that P.Sorkin is lower than whaleshit on the bottom of the ocean and today's release was so he or the converters coulds sell more stock before they take it lower to Convert some more..
As usual a new count of shares outstanding was promised each week and guess what,, how long has it been since the last and don't you ever wonder wnen they will again double St. Shits stock W/O any reason other than because they can..
WATCH AND LEARN HOW THE PRO'S SCREW SHAREHOLDERS..
p sorkin split this one time,
You are really getting to be a "poster child of the converters"... After the pump buyers stop they always hit the bids.. ..
But now because of you,,,, they will have not have to hit bids because of your help to get it lower so they may re-convert..
But since I'm on Iggy this post will only seen by other posters than you.. hank
With your name tag I don't blame you a bit.. Hope you are almost out so it gives you less pain on the next dip..
I believe and congrats on comming to your senses on this POS.. Happy I was of help.. hank
I know just like the big offering now at $$0.0033 because the buyers have shot thier wad.. If they buy the $0.0033 the converters will then offer at $0.0032 because they need it down to convert at lower price and you blame it on the stupid sellers.. The converters ar PRO's and know how to sell stock and put out PR's.. I'm surprised a paid P&D hasnt appeared by now but why pay when dreamers post.. hank
Seems as usual the Slap the ask groups forgets to put up any bids left on the books and as usual the gaps lower will again be fast and bumpy.. Large sales at $0.0035 folled by asks at $0.0034.. It's almost like someone didn't think they could of sold at $0.0035b and wanted to make sure they could sell lower before the converters start waking again..
I don't have to.. The shares have gone from 8.5 Million shares to over 500,000,000 and the AS have increased 14 times with just a stroke of a pen.. But it appears there are enough that don't read the history the past PR's or doing any DD making the ability to pump ACGX further,, hense at present making my posts irrelevent in the eyes of the hope forever crowd.... So prove COO is lying.
All With Just a stroke of a pen W/O any shareholder approvement because they can..
I didn't mean to impy that they were life threating because if they were I personally would go up and de-nut Sorkin myself.. This is a company that doesn't need your hard earned money in it.. Where have all the big pumpers of the past 2 months gone..??
I'm sure they were smart enougth to have done a reality check on the continued and ever ending shares being converted to realise an exit was the best thing to do..hank
Some ask why do I post here..
Since I think management is still ( After being told that 8.5 Million shares would never increase because no one could own more than 9.9% ,,, what fool would sell ($0.01) at this price ) lower than whale shit on the bottom of the Ocean and uses any ploy including tatics that are close to Fraud that they should be exposed..
But the real reason I do it is for ammusment since/because thier stogges continue to PM me with threats while continuing to screw any and all that are buying the stock from thier printing press.. The President doubling his share at just the stroke of a pen is the best recent example of the screw The Shareholder attitude because we can is the best example I can find followed by a conference call that questions can't be asked at but must be E-Mailed for screening priour to them being used.. And then the $25,000.00 payment to co-sponser a coference that had No one attend except the pumpers of other companies.. ....
Ask them why if such a great deal why don't they buy stop giving themselves free shares using the pen rather than the vote from shareholders to continue to keep control and you will know why the share count could easily go into the billions..
Just by a stroke of the pen
hank
BUT,,BUT,, BUT You can't ask questions,, only pre submitted E-mails will be answered.. Now thats a conference call..??
Another ploy to prop up the converters just like this Mornings release and the squeeze trigger announcement just before the doubling of shares outstanding.... But should one put up a bid or slap the ask is the question,, The CONVERTERS don't care as they want this POS down so they can reconvert lower,, lower and below $0.0018..
That at discount gives them stock at $0.0013 and below.. Watch and Learn.. AS will go up at a stroke of the pen just as before..
DON'T forget the last stroke of the pen when the President doubled his shares so he may maintain control with out any compensation to the company..
hank
In Reply to 'Pionex' on 'Alliance Creative Group, Inc. (ACGX)'
Did you know that it looks like someone very close to management has been posting on this siite.. Is it possible that this poster is Sorkin or someone that is Sorkins Pumper....??? GLTA..
BTW as all have noticed the release this moring only slowed sales and forgot to mention earnings.. A year ago when Shares Outstanding were 8.5 Million these numbers would of meant somthing,, but today with questions asked to be E-mailed so they may pick and choose seems more Mirror like than factual,, just designed to aid the Converters sell stock Whats your opinion
.. hank..
Did you know that it looks like someone very close to management has been posting on this siite.. Is it possible that that poster is Sorkin..??? hank..
Volume Alert.. 21,125 Shares traded at $0.0023.. How much is that,, not enough for a case of beer yet.. The converters will get mad if you don't slap the ASK and they will hit the non-bids.. Where are all the pumpers..??? hank
/ADTY /APNX /BIOYF /BNLB /CDOC /CHCR /EIPC /ENSV /ESPI /ETCIA /EVTN /GAMR /GLMB /GNRG /IVRO /LFLS /LVWD /MKRS /MLHC /NIUS /PAOS /PBSV /PXFG /RCVA /SEAPF /SPIN /SPND /TEXC /TPNL /VMCI /XNRG /cibh /phos /opco /gmet /msek /crbo /iaic /ccom /rsrv /dlyt /gwyi /vpco /flug /royt /qfor /gpor /fang /bluu /yipi /rmcf /nsct /depn /sttk /swrl /egbn /silc /clfd /cpbo /ctuy /uoi /banf /pb /cass /thvb /ozrk /astv /auto /bbrd /bcgyf /bncc /cemi /cmkg /ctdh /ddxs /dnys /dpdw /dynv /fecof /glgi /gngr /hmtc /ihch /lump /mauxf /mmmw /mseh /rchn /rdfey /sdcjf /shom /skas /snfca /sohl /spns /stth /syev /teve /toot /tpcff /vaso /zyxi /pfho /cwbk /glmbe /apni /azgs /dchaf /avsc /dskx /evsnf /adtr /alrxf /bmbm /ccgi /ccni /chhe /csbi /cydy /data /ivfh /mtwd /pbkef /bomk /bosc /cbmg /cphmf /ctek /cwb /dalxf /drad /dtst /ektaf /ektay /epor /escc /esxb /fmbl /fsnn /futu /fxnc /geek /gtim /nxes /idwaf /iehc /imsc /iwrgf /jbii /jgpk /jnsh /ldrxf /mdbx /MDBXN /MDFCF /mlhp /muel /ntro /nywkf /opbk /oxbc /peix /pncgf /ppsi /ptxaf /qmci /qmdt /qutif /rnwey /rwcb /sbfc /sfy /sgma /shgcf /skln /slgd /sons /srmc /tbtc /tdch /tcor /txhg /unib /amnf /atxdy /bcme /bobs /cnty /dsny /erso /este /glxz /hek /hewa /htm /iacaf /icpw /ins /inxsf /itsi /iwsy /klyg /lbmh /lndnf /mela /mems /mrge /nfshf /novuf /nzerf /pdrx /pfie /plcc /prsaf /reed /repr /sara /scei /scpzf /sltm /spgz /syrg /twoc /vlyf /vtnr /vtsi /wfcf /xbor /xwes /edac /pyds /tucn /conx /vsti /dtrk /acgx /aljj /ameh /ampg /aoiff /apgi /arbv /arcp /asae /asnb /avgg /avtc /bayk /bets /bfdi /bkyi /boll /csti /bbbi /idfb /gata /bkkn
I don't see it that low because at $0.0014 they can convert at $0.001.. hank
LVWD.. $0.27.. Looking into again..
http://www.forbes.com/sites/georgebradt/2014/03/05/a-brave-new-approach-to-social-media-and-community-building/
diaDexus, Inc. gives FY 2014 revenue guidance below analysts' estimates
Reuters America - Mar 05 16:29 EDT
Alert hits:End
Company Symbols: Unknown:DDXS
diaDexus, Inc:Expects FY 2014 total revenues in the range of $26 to $28 million.FY 2014 revenue of $30 million - Thomson Reuters I/B/E/S.
CEMI.. $3.73.. Chembio Diagnostics Swings to Q4 Net Loss as Trial Expenses Rise, Product Sales Slip
09:01 AM EST, 03/06/2014 (MT Newswires) -- Chembio Diagnostics, Inc. (CEMI), which focuses on point-of-care diagnostic tests for infectious diseases, swung to a Q4 net loss as clinical trial and other expenses rose and revenue and product sales slipped.
The company had a Q4 loss of $262,000, or $0.03 per diluted share, from net income of $492,000, or $0.06 a share a year before. Q4 2013 included $490,000 of clinical trial expenses, compared with $157,000 in the prior-year period.
Total revenues were $7.86 million compared with $7.87 million. Product sales fell 4% to $7.10 million. Analyst estimates weren't available.
The shares were unchanged pre-market and closed at $3.73 on Wednesday in a 52-week range of $2.98 - $5.70.
Price: 3.73, Change: 0.00, Percent Change: 0
ALSK.. In my opinion they have done little to capture any earnings due to conversion plus deprec.. of current properties and equipment.. The growth in Alaska has matured and risk seekers looking for new properites and homes up there are in the rural not coveried by ALSK....
Current earnings come from the sale of assets.. Stay away but it was on my watch list as you thought but removed today.. hank
Because the converters are trying to convert at lower prices.. After they convert they let the pumpers slap all the asks for a few and let it trade higher..
Then Smack,,Smack and sell some more..
WASH and RINSE..Watch and learn,, they do it so well..hank
RNWEY.. $0.42.. www.recsilicon.com
REC Silicon ASA : REC Silicon ASA's fourth quarter 2013 results Sandvika, February 12, 2014: REC Silicon ASA reported fourth quarter 2013 revenues from continuing operations of NOK 743 million and EBITDA from continuing operations of NOK 164 million. Net debt has been reduced to NOK 1.9 billion, down from NOK 2.6 billion in the third quarter after sale of REC Solar.
On October 25, 2013 REC Solar was sold. Revenues and EBITDA for REC Solar have been re-presented as discontinued operations.
REC Silicon US Operations reported fourth quarter revenues of NOK 752 million up from NOK 738 million in the previous quarter. EBITDA in the fourth quarter was NOK 187 million up from NOK 80 million in the previous quarter. Improvements in EBITDA can be primarily attributed to strong, stable operations resulting in higher volumes at lower cost. In addition, REC Silicon experienced increased average polysilicon selling prices and increased silicon gas sales volumes.
Despite the introduction of anti-dumping duties on solar grade polysilicon imported to China, polysilicon demand continues to strengthen and prices continue to increase.
Tore Torvund, CEO of REC Silicon ASA said, "I am pleased that our efforts to improve quality and reduce cost continue to strengthen our competitive position. Together with slightly increased demand for solar polysilicon, these efforts have led to an improvement in REC Silicon ASA's EBITDA in the last quarter."
Silicon gas sales volumes increased by 17 percent compared to the previous quarter. This increase reflects strong market demand and increased spot sales due to supply restrictions caused by recent accidents at competitor facilities.
Financial items for continuing operations were negative NOK 19 million, mainly reflecting interest expenses and fair value adjustments of the convertible bonds.
The loss from total operations was NOK 161 million in the fourth quarter, compared to a loss of NOK 1,578 million in the previous quarter. The reduced loss mainly reflects the impairments of the REC Solar disposal group at the end of the third quarter.
Basic EPS from total operations was positive NOK 0.07 in the fourth quarter 2013, compared to negative NOK 0.68 in the previous quarter.
For more information, please see the attached fourth quarter 2013 report.
Morning program:
On the release day, Tore Torvund, CEO of REC Silicon ASA will give a presentation together with other members of the management team. The presentation will take place at 08:00 hrs Norwegian time/CET at the conference centre KS Agenda in Haakon VII's gate 9, 0114 Oslo (www.ksagenda.no).
The presentation, held in English, will be broadcasted live over the internet, and can be accessed from: www.recsilicon.com.
It will also be possible to listen to the presentation through a conference call. Please make sure to dial in 10 minutes prior to scheduled start time on one of the following numbers:
Norway Toll Free: 800 56 053
UK Toll Free: 0800 279 4841
USA Toll Free: 1877 280 1254
International Toll: +44 (0)20 3427 1915
Confirmation code: 7773031
Afternoon program:
REC Silicon ASA will also host an analyst conference call with possibilities for questions and answers later the same day at 15:00 CET. Please make sure to dial in at least 5 minutes ahead of time to finalize your registration.
International dial in: +47 2316 2787
Please provide confirmation code 9022192 and state your name, company and country of residence.
For further information, please contact:
James A. May II, CFO,
+1 (509) 989-1023 or
Pal Elstad
+47 991 66 293
Email: pal.elstad@recsilicon.com
About REC Silicon ASA
REC Silicon ASA is a leading producer of advanced silicon materials, delivering high-purity polysilicon and silicon gas to the solar and electronics industries worldwide. We combine 25 years of experience and proprietary technology with the needs of our customers and annual production capacity of more than 20,000 MT of polysilicon from our two US-based manufacturing plants. Listed on the Oslo Stock Exchange (ticker: REC), the company is headquartered in Moses Lake, Washington and employs approximately 740 people.
For more information, go to: www.recsilicon.com
=====================================================
Sandvika, February 26, 2014: REC Silicon ASA announced today that its subsidiaries, REC Silicon AS and REC Silicon Inc, have entered into agreements with Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. governing a joint venture partnership that will expand operations into China.
REC Silicon AS and Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. have entered into joint venture agreements for the formation of a production joint venture and a sales joint venture. REC Silicon Inc and Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. have entered into a technology transfer agreement, governing the terms under which REC Silicon Inc will transfer the exclusive, non-transferrable right to use its technology in China and Taiwan to the production joint venture.
The production joint venture will construct and operate a new plant for the production of silane gas, solar and electronic grade polysilicon, utilizing REC Silicon's next generation fluidized bed reactor (FBR) technology.
The new plant will be located in Yulin, in the Shaanxi Province, and is expected to have capacity of 18,000 metric tons of granular polysilicon, an additional 1,000 metric tons of Siemens polysilicon, and 500 metric tons of silane gas loading.
As part of these agreements, REC Silicon expects to receive upfront payments from Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd., totaling US$198 million (net of taxes) in March and August of 2014, for the production joint venture's rights to use its technology. As the production joint venture will have ownership of the technology rights, Shaanxi Non-Ferrous Tian Hong New Energy Co. Ltd. will be reimbursed by the production joint venture which will secure debt financing for the reimbursement instead of being funded by additional contributions from either party. Upon receipt of these payments and the issuance of necessary licenses for the production joint venture to conduct business, REC Silicon, Inc will begin to transfer necessary technology and operating procedures to the production joint venture.
REC Silicon will contribute US$244 million to acquire a 49% equity interest in the production joint venture. REC Silicon expects to make its capital contribution in three installments on the following schedule: US $75 million in September of 2014; US$15 million in August of 2016; and US$154 million in August of 2017. To acquire a 51% interest in the production joint venture, Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. will contribute US$254 million in two installments, on a similar schedule.
REC Silicon does not anticipate taking on any additional debt nor offering any new equity rights in order to fulfill its investment obligations in the joint venture. Receipt of the upfront payments will allow REC Silicon to meet its 2014 debt obligations and increase REC Silicon's financial stability.
The production joint venture will be governed by a board of four directors, with REC Silicon and Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. each appointing two directors. For the first three-year term, REC Silicon will appoint the Vice Chairman of the board and both the Chief Financial Officer and Chief Technology Officer; Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. will appoint the Chairman of the board and the Chief Executive Officer. During the second three-year term, REC Silicon will appoint the Vice Chairman of the board and the Chief Executive Officer of the production joint venture; Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. will appoint the Chairman of the board and the Chief Financial Officer of the production joint venture. Thereafter, appointment of those four positions will rotate between Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. and REC Silicon every three years.
REC Silicon and Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. have also entered into an agreement for a new sales joint venture that will be established close to the start up of the production joint venture. The term of the sales joint venture is six years, and each party will own a 50% equity interest. Capital contributions of the respective parties will be determined closer to incorporation. This sales joint venture will be responsible for the marketing and sales of all products from the new production joint venture and all equivalent products from REC facilities in the US.
The sales joint venture will be governed by a board of four directors, with REC Silicon and Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. each appointing two directors. For the initial three-year term, REC Silicon will appoint the Chairman of the board and the Chief Executive Officer; Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. will appoint the Vice Chairman of the board and the Chief Financial Officer. In the second three-year term, REC Silicon will appoint the Chairman of the board and the Chief Financial Officer; Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. will appoint the Vice Chairman of the board and the Chief Executive Officer.
Tore Torvund, CEO of REC Silicon ASA said, "I am excited to announce this strategic alliance with an ideal partner. This joint venture is a key step in the worldwide growth of REC Silicon and will strengthen its leadership position in the industry. It demonstrates the value of our technology and allows us to expand our capacity without requiring REC Silicon to use its current assets or to raise other funds in order to make its capital contribution."
REC Silicon is recognized in the industry as a leader in technology and efficient production, and it brings this proven technology along with production experience to the new joint venture. Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. is a wholly owned subsidiary of Shaanxi Non-Ferrous Metals Holding Group Co., Ltd., a well established Chinese company with assets in excess of US$17 billion.
Investor call:
Later today, REC Silicon ASA will host an investor conference call with the possibility of questions and answers at 2:30 CET. Please make sure to dial in at least 5-10 minutes ahead of time to finalize your registration.
International dial in: +44 (0)20 7136 2056
Norway Toll Free: 800 56054
UK Toll Free: 0800 279 5004
USA Toll Free: 1 877 280 2296
China Toll Free: 10800 712 2769
Please provide confirmation code 6136722 and state your name, company and country of residence.
After the investor conference call, for subsequent media inquiries, please contact:
In EU and China:
Tore Torvund
tore.torvund@recsilicon.com
+1 509-793-8581
In the US:
Ryan Dunn
ryan.dunn@recsilicon.com
+1 (509) 793-9020
=======================================================
REC has decided to separate its Silicon and Solar businesses by listing REC Solar ASA as a separate company on the Oslo Stock Exchange. Through this transaction, both companies will improve their financing, with REC Solar ASA established as a debt-free leading provider of solar panels and solutions.
Key facts:
¦REC will establish REC Solar ASA as an independent listed company
¦An Extraordinary General Meeting (EGM) will be held on September 23 to approve the separation.
¦Subscription rights will be received by all REC shareholders on record as of the EGM date.
¦Shareholders will receive non-tradable subscription rights for one new share in REC Solar for each 58 shares they hold in REC.
¦The subscription period is expected to start on or about September 26 and end on or about October 10.
¦The listing of REC Solar ASA (ticker:
RECSOL) is expected on or about Oct 18.
REC shareholders do not need to act prior to the subscription period for the offering starting on or about September 26 in order to use the subscription rights.
Receiving and using the subscription rights in the new company will not affect the shareholding in REC. The subscription price will be NOK 20 per share, and oversubscription will not be allowed. REC shareholders will receive a prospectus for the proposed offering, and will be allocated subscription rights following the EGM.
The offering of 100 percent of the shares in REC Solar ASA has been underwritten by the largest shareholders of REC, valuing the equity of REC Solar ASA at NOK 800 million.
RNWEY.. $0.42.. www.recsilicon.com..... I own and bought more today.. hank
REC Silicon ASA : REC Silicon ASA's fourth quarter 2013 results Sandvika, February 12, 2014: REC Silicon ASA reported fourth quarter 2013 revenues from continuing operations of NOK 743 million and EBITDA from continuing operations of NOK 164 million. Net debt has been reduced to NOK 1.9 billion, down from NOK 2.6 billion in the third quarter after sale of REC Solar.
On October 25, 2013 REC Solar was sold. Revenues and EBITDA for REC Solar have been re-presented as discontinued operations.
REC Silicon US Operations reported fourth quarter revenues of NOK 752 million up from NOK 738 million in the previous quarter. EBITDA in the fourth quarter was NOK 187 million up from NOK 80 million in the previous quarter. Improvements in EBITDA can be primarily attributed to strong, stable operations resulting in higher volumes at lower cost. In addition, REC Silicon experienced increased average polysilicon selling prices and increased silicon gas sales volumes.
Despite the introduction of anti-dumping duties on solar grade polysilicon imported to China, polysilicon demand continues to strengthen and prices continue to increase.
Tore Torvund, CEO of REC Silicon ASA said, "I am pleased that our efforts to improve quality and reduce cost continue to strengthen our competitive position. Together with slightly increased demand for solar polysilicon, these efforts have led to an improvement in REC Silicon ASA's EBITDA in the last quarter."
Silicon gas sales volumes increased by 17 percent compared to the previous quarter. This increase reflects strong market demand and increased spot sales due to supply restrictions caused by recent accidents at competitor facilities.
Financial items for continuing operations were negative NOK 19 million, mainly reflecting interest expenses and fair value adjustments of the convertible bonds.
The loss from total operations was NOK 161 million in the fourth quarter, compared to a loss of NOK 1,578 million in the previous quarter. The reduced loss mainly reflects the impairments of the REC Solar disposal group at the end of the third quarter.
Basic EPS from total operations was positive NOK 0.07 in the fourth quarter 2013, compared to negative NOK 0.68 in the previous quarter.
For more information, please see the attached fourth quarter 2013 report.
Morning program:
On the release day, Tore Torvund, CEO of REC Silicon ASA will give a presentation together with other members of the management team. The presentation will take place at 08:00 hrs Norwegian time/CET at the conference centre KS Agenda in Haakon VII's gate 9, 0114 Oslo (www.ksagenda.no).
The presentation, held in English, will be broadcasted live over the internet, and can be accessed from: www.recsilicon.com.
It will also be possible to listen to the presentation through a conference call. Please make sure to dial in 10 minutes prior to scheduled start time on one of the following numbers:
Norway Toll Free: 800 56 053
UK Toll Free: 0800 279 4841
USA Toll Free: 1877 280 1254
International Toll: +44 (0)20 3427 1915
Confirmation code: 7773031
Afternoon program:
REC Silicon ASA will also host an analyst conference call with possibilities for questions and answers later the same day at 15:00 CET. Please make sure to dial in at least 5 minutes ahead of time to finalize your registration.
International dial in: +47 2316 2787
Please provide confirmation code 9022192 and state your name, company and country of residence.
For further information, please contact:
James A. May II, CFO,
+1 (509) 989-1023 or
Pal Elstad
+47 991 66 293
Email: pal.elstad@recsilicon.com
About REC Silicon ASA
REC Silicon ASA is a leading producer of advanced silicon materials, delivering high-purity polysilicon and silicon gas to the solar and electronics industries worldwide. We combine 25 years of experience and proprietary technology with the needs of our customers and annual production capacity of more than 20,000 MT of polysilicon from our two US-based manufacturing plants. Listed on the Oslo Stock Exchange (ticker: REC), the company is headquartered in Moses Lake, Washington and employs approximately 740 people.
For more information, go to: www.recsilicon.com
=====================================================
Sandvika, February 26, 2014: REC Silicon ASA announced today that its subsidiaries, REC Silicon AS and REC Silicon Inc, have entered into agreements with Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. governing a joint venture partnership that will expand operations into China.
REC Silicon AS and Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. have entered into joint venture agreements for the formation of a production joint venture and a sales joint venture. REC Silicon Inc and Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. have entered into a technology transfer agreement, governing the terms under which REC Silicon Inc will transfer the exclusive, non-transferrable right to use its technology in China and Taiwan to the production joint venture.
The production joint venture will construct and operate a new plant for the production of silane gas, solar and electronic grade polysilicon, utilizing REC Silicon's next generation fluidized bed reactor (FBR) technology.
The new plant will be located in Yulin, in the Shaanxi Province, and is expected to have capacity of 18,000 metric tons of granular polysilicon, an additional 1,000 metric tons of Siemens polysilicon, and 500 metric tons of silane gas loading.
As part of these agreements, REC Silicon expects to receive upfront payments from Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd., totaling US$198 million (net of taxes) in March and August of 2014, for the production joint venture's rights to use its technology. As the production joint venture will have ownership of the technology rights, Shaanxi Non-Ferrous Tian Hong New Energy Co. Ltd. will be reimbursed by the production joint venture which will secure debt financing for the reimbursement instead of being funded by additional contributions from either party. Upon receipt of these payments and the issuance of necessary licenses for the production joint venture to conduct business, REC Silicon, Inc will begin to transfer necessary technology and operating procedures to the production joint venture.
REC Silicon will contribute US$244 million to acquire a 49% equity interest in the production joint venture. REC Silicon expects to make its capital contribution in three installments on the following schedule: US $75 million in September of 2014; US$15 million in August of 2016; and US$154 million in August of 2017. To acquire a 51% interest in the production joint venture, Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. will contribute US$254 million in two installments, on a similar schedule.
REC Silicon does not anticipate taking on any additional debt nor offering any new equity rights in order to fulfill its investment obligations in the joint venture. Receipt of the upfront payments will allow REC Silicon to meet its 2014 debt obligations and increase REC Silicon's financial stability.
The production joint venture will be governed by a board of four directors, with REC Silicon and Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. each appointing two directors. For the first three-year term, REC Silicon will appoint the Vice Chairman of the board and both the Chief Financial Officer and Chief Technology Officer; Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. will appoint the Chairman of the board and the Chief Executive Officer. During the second three-year term, REC Silicon will appoint the Vice Chairman of the board and the Chief Executive Officer of the production joint venture; Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. will appoint the Chairman of the board and the Chief Financial Officer of the production joint venture. Thereafter, appointment of those four positions will rotate between Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. and REC Silicon every three years.
REC Silicon and Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. have also entered into an agreement for a new sales joint venture that will be established close to the start up of the production joint venture. The term of the sales joint venture is six years, and each party will own a 50% equity interest. Capital contributions of the respective parties will be determined closer to incorporation. This sales joint venture will be responsible for the marketing and sales of all products from the new production joint venture and all equivalent products from REC facilities in the US.
The sales joint venture will be governed by a board of four directors, with REC Silicon and Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. each appointing two directors. For the initial three-year term, REC Silicon will appoint the Chairman of the board and the Chief Executive Officer; Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. will appoint the Vice Chairman of the board and the Chief Financial Officer. In the second three-year term, REC Silicon will appoint the Chairman of the board and the Chief Financial Officer; Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. will appoint the Vice Chairman of the board and the Chief Executive Officer.
Tore Torvund, CEO of REC Silicon ASA said, "I am excited to announce this strategic alliance with an ideal partner. This joint venture is a key step in the worldwide growth of REC Silicon and will strengthen its leadership position in the industry. It demonstrates the value of our technology and allows us to expand our capacity without requiring REC Silicon to use its current assets or to raise other funds in order to make its capital contribution."
REC Silicon is recognized in the industry as a leader in technology and efficient production, and it brings this proven technology along with production experience to the new joint venture. Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. is a wholly owned subsidiary of Shaanxi Non-Ferrous Metals Holding Group Co., Ltd., a well established Chinese company with assets in excess of US$17 billion.
Investor call:
Later today, REC Silicon ASA will host an investor conference call with the possibility of questions and answers at 2:30 CET. Please make sure to dial in at least 5-10 minutes ahead of time to finalize your registration.
International dial in: +44 (0)20 7136 2056
Norway Toll Free: 800 56054
UK Toll Free: 0800 279 5004
USA Toll Free: 1 877 280 2296
China Toll Free: 10800 712 2769
Please provide confirmation code 6136722 and state your name, company and country of residence.
After the investor conference call, for subsequent media inquiries, please contact:
In EU and China:
Tore Torvund
tore.torvund@recsilicon.com
+1 509-793-8581
In the US:
Ryan Dunn
ryan.dunn@recsilicon.com
+1 (509) 793-9020
=======================================================
REC has decided to separate its Silicon and Solar businesses by listing REC Solar ASA as a separate company on the Oslo Stock Exchange. Through this transaction, both companies will improve their financing, with REC Solar ASA established as a debt-free leading provider of solar panels and solutions.
Key facts:
¦REC will establish REC Solar ASA as an independent listed company
¦An Extraordinary General Meeting (EGM) will be held on September 23 to approve the separation.
¦Subscription rights will be received by all REC shareholders on record as of the EGM date.
¦Shareholders will receive non-tradable subscription rights for one new share in REC Solar for each 58 shares they hold in REC.
¦The subscription period is expected to start on or about September 26 and end on or about October 10.
¦The listing of REC Solar ASA (ticker:
RECSOL) is expected on or about Oct 18.
REC shareholders do not need to act prior to the subscription period for the offering starting on or about September 26 in order to use the subscription rights.
Receiving and using the subscription rights in the new company will not affect the shareholding in REC. The subscription price will be NOK 20 per share, and oversubscription will not be allowed. REC shareholders will receive a prospectus for the proposed offering, and will be allocated subscription rights following the EGM.
The offering of 100 percent of the shares in REC Solar ASA has been underwritten by the largest shareholders of REC, valuing the equity of REC Solar ASA at NOK 800 million.
RNWEY.. $0.42.. www.recsilicon.com
REC Silicon ASA : REC Silicon ASA's fourth quarter 2013 results Sandvika, February 12, 2014: REC Silicon ASA reported fourth quarter 2013 revenues from continuing operations of NOK 743 million and EBITDA from continuing operations of NOK 164 million. Net debt has been reduced to NOK 1.9 billion, down from NOK 2.6 billion in the third quarter after sale of REC Solar.
On October 25, 2013 REC Solar was sold. Revenues and EBITDA for REC Solar have been re-presented as discontinued operations.
REC Silicon US Operations reported fourth quarter revenues of NOK 752 million up from NOK 738 million in the previous quarter. EBITDA in the fourth quarter was NOK 187 million up from NOK 80 million in the previous quarter. Improvements in EBITDA can be primarily attributed to strong, stable operations resulting in higher volumes at lower cost. In addition, REC Silicon experienced increased average polysilicon selling prices and increased silicon gas sales volumes.
Despite the introduction of anti-dumping duties on solar grade polysilicon imported to China, polysilicon demand continues to strengthen and prices continue to increase.
Tore Torvund, CEO of REC Silicon ASA said, "I am pleased that our efforts to improve quality and reduce cost continue to strengthen our competitive position. Together with slightly increased demand for solar polysilicon, these efforts have led to an improvement in REC Silicon ASA's EBITDA in the last quarter."
Silicon gas sales volumes increased by 17 percent compared to the previous quarter. This increase reflects strong market demand and increased spot sales due to supply restrictions caused by recent accidents at competitor facilities.
Financial items for continuing operations were negative NOK 19 million, mainly reflecting interest expenses and fair value adjustments of the convertible bonds.
The loss from total operations was NOK 161 million in the fourth quarter, compared to a loss of NOK 1,578 million in the previous quarter. The reduced loss mainly reflects the impairments of the REC Solar disposal group at the end of the third quarter.
Basic EPS from total operations was positive NOK 0.07 in the fourth quarter 2013, compared to negative NOK 0.68 in the previous quarter.
For more information, please see the attached fourth quarter 2013 report.
Morning program:
On the release day, Tore Torvund, CEO of REC Silicon ASA will give a presentation together with other members of the management team. The presentation will take place at 08:00 hrs Norwegian time/CET at the conference centre KS Agenda in Haakon VII's gate 9, 0114 Oslo (www.ksagenda.no).
The presentation, held in English, will be broadcasted live over the internet, and can be accessed from: www.recsilicon.com.
It will also be possible to listen to the presentation through a conference call. Please make sure to dial in 10 minutes prior to scheduled start time on one of the following numbers:
Norway Toll Free: 800 56 053
UK Toll Free: 0800 279 4841
USA Toll Free: 1877 280 1254
International Toll: +44 (0)20 3427 1915
Confirmation code: 7773031
Afternoon program:
REC Silicon ASA will also host an analyst conference call with possibilities for questions and answers later the same day at 15:00 CET. Please make sure to dial in at least 5 minutes ahead of time to finalize your registration.
International dial in: +47 2316 2787
Please provide confirmation code 9022192 and state your name, company and country of residence.
For further information, please contact:
James A. May II, CFO,
+1 (509) 989-1023 or
Pal Elstad
+47 991 66 293
Email: pal.elstad@recsilicon.com
About REC Silicon ASA
REC Silicon ASA is a leading producer of advanced silicon materials, delivering high-purity polysilicon and silicon gas to the solar and electronics industries worldwide. We combine 25 years of experience and proprietary technology with the needs of our customers and annual production capacity of more than 20,000 MT of polysilicon from our two US-based manufacturing plants. Listed on the Oslo Stock Exchange (ticker: REC), the company is headquartered in Moses Lake, Washington and employs approximately 740 people.
For more information, go to: www.recsilicon.com
=====================================================
Sandvika, February 26, 2014: REC Silicon ASA announced today that its subsidiaries, REC Silicon AS and REC Silicon Inc, have entered into agreements with Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. governing a joint venture partnership that will expand operations into China.
REC Silicon AS and Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. have entered into joint venture agreements for the formation of a production joint venture and a sales joint venture. REC Silicon Inc and Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. have entered into a technology transfer agreement, governing the terms under which REC Silicon Inc will transfer the exclusive, non-transferrable right to use its technology in China and Taiwan to the production joint venture.
The production joint venture will construct and operate a new plant for the production of silane gas, solar and electronic grade polysilicon, utilizing REC Silicon's next generation fluidized bed reactor (FBR) technology.
The new plant will be located in Yulin, in the Shaanxi Province, and is expected to have capacity of 18,000 metric tons of granular polysilicon, an additional 1,000 metric tons of Siemens polysilicon, and 500 metric tons of silane gas loading.
As part of these agreements, REC Silicon expects to receive upfront payments from Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd., totaling US$198 million (net of taxes) in March and August of 2014, for the production joint venture's rights to use its technology. As the production joint venture will have ownership of the technology rights, Shaanxi Non-Ferrous Tian Hong New Energy Co. Ltd. will be reimbursed by the production joint venture which will secure debt financing for the reimbursement instead of being funded by additional contributions from either party. Upon receipt of these payments and the issuance of necessary licenses for the production joint venture to conduct business, REC Silicon, Inc will begin to transfer necessary technology and operating procedures to the production joint venture.
REC Silicon will contribute US$244 million to acquire a 49% equity interest in the production joint venture. REC Silicon expects to make its capital contribution in three installments on the following schedule: US $75 million in September of 2014; US$15 million in August of 2016; and US$154 million in August of 2017. To acquire a 51% interest in the production joint venture, Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. will contribute US$254 million in two installments, on a similar schedule.
REC Silicon does not anticipate taking on any additional debt nor offering any new equity rights in order to fulfill its investment obligations in the joint venture. Receipt of the upfront payments will allow REC Silicon to meet its 2014 debt obligations and increase REC Silicon's financial stability.
The production joint venture will be governed by a board of four directors, with REC Silicon and Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. each appointing two directors. For the first three-year term, REC Silicon will appoint the Vice Chairman of the board and both the Chief Financial Officer and Chief Technology Officer; Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. will appoint the Chairman of the board and the Chief Executive Officer. During the second three-year term, REC Silicon will appoint the Vice Chairman of the board and the Chief Executive Officer of the production joint venture; Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. will appoint the Chairman of the board and the Chief Financial Officer of the production joint venture. Thereafter, appointment of those four positions will rotate between Shaanxi Non-Ferrous Tian Hong New Energy Co., Ltd. and REC Silicon every three years.
REC Silicon and Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. have also entered into an agreement for a new sales joint venture that will be established close to the start up of the production joint venture. The term of the sales joint venture is six years, and each party will own a 50% equity interest. Capital contributions of the respective parties will be determined closer to incorporation. This sales joint venture will be responsible for the marketing and sales of all products from the new production joint venture and all equivalent products from REC facilities in the US.
The sales joint venture will be governed by a board of four directors, with REC Silicon and Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. each appointing two directors. For the initial three-year term, REC Silicon will appoint the Chairman of the board and the Chief Executive Officer; Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. will appoint the Vice Chairman of the board and the Chief Financial Officer. In the second three-year term, REC Silicon will appoint the Chairman of the board and the Chief Financial Officer; Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. will appoint the Vice Chairman of the board and the Chief Executive Officer.
Tore Torvund, CEO of REC Silicon ASA said, "I am excited to announce this strategic alliance with an ideal partner. This joint venture is a key step in the worldwide growth of REC Silicon and will strengthen its leadership position in the industry. It demonstrates the value of our technology and allows us to expand our capacity without requiring REC Silicon to use its current assets or to raise other funds in order to make its capital contribution."
REC Silicon is recognized in the industry as a leader in technology and efficient production, and it brings this proven technology along with production experience to the new joint venture. Shaanxi Non-ferrous Tian Hong New Energy Co., Ltd. is a wholly owned subsidiary of Shaanxi Non-Ferrous Metals Holding Group Co., Ltd., a well established Chinese company with assets in excess of US$17 billion.
Investor call:
Later today, REC Silicon ASA will host an investor conference call with the possibility of questions and answers at 2:30 CET. Please make sure to dial in at least 5-10 minutes ahead of time to finalize your registration.
International dial in: +44 (0)20 7136 2056
Norway Toll Free: 800 56054
UK Toll Free: 0800 279 5004
USA Toll Free: 1 877 280 2296
China Toll Free: 10800 712 2769
Please provide confirmation code 6136722 and state your name, company and country of residence.
After the investor conference call, for subsequent media inquiries, please contact:
In EU and China:
Tore Torvund
tore.torvund@recsilicon.com
+1 509-793-8581
In the US:
Ryan Dunn
ryan.dunn@recsilicon.com
+1 (509) 793-9020
=======================================================
REC has decided to separate its Silicon and Solar businesses by listing REC Solar ASA as a separate company on the Oslo Stock Exchange. Through this transaction, both companies will improve their financing, with REC Solar ASA established as a debt-free leading provider of solar panels and solutions.
Key facts:
¦REC will establish REC Solar ASA as an independent listed company
¦An Extraordinary General Meeting (EGM) will be held on September 23 to approve the separation.
¦Subscription rights will be received by all REC shareholders on record as of the EGM date.
¦Shareholders will receive non-tradable subscription rights for one new share in REC Solar for each 58 shares they hold in REC.
¦The subscription period is expected to start on or about September 26 and end on or about October 10.
¦The listing of REC Solar ASA (ticker:
RECSOL) is expected on or about Oct 18.
REC shareholders do not need to act prior to the subscription period for the offering starting on or about September 26 in order to use the subscription rights.
Receiving and using the subscription rights in the new company will not affect the shareholding in REC. The subscription price will be NOK 20 per share, and oversubscription will not be allowed. REC shareholders will receive a prospectus for the proposed offering, and will be allocated subscription rights following the EGM.
The offering of 100 percent of the shares in REC Solar ASA has been underwritten by the largest shareholders of REC, valuing the equity of REC Solar ASA at NOK 800 million.
In case you didn't know if they bought a building for $10,000,000.00 and owed $10,000,000.00 on it thier assets would be $15,626,677.00.. So what are you trying to say.. BTW thier total liabilities are also at present on the same report $5,626,677.00.. Thats just basic BUSINESS 101... hank
The total assets of the Alliance Creative Group as of 9/30/13 were $5,626,677.
Assets ALONE!
But,,But,,But,,But,,But,, Why does the stock always appear for sale after the pumpers post..???
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Yes but a loss of most of your money is far more possible.. WASH and RINSE.. Watch and Learn..
kristopherrobin84 Tuesday, 03/04/14 10:53:42 PM
Re: A deleted message
Post # of 34631
Let's say with 3 mil in the last quarter they only profited a small% (which goes against the other 3q's) I doubt they put the whole kit and kaboodle into promotions. This is an already established company in the industry so advertising on a professional level isn't required for growth and on an investor level I haven't personally seen it past the 5 figure mark. Promotions included this will be a fantastic filling coming up and we saw .0044 with no sort of news what so ever. I'm not saying the far right in this argument is completely wrong and I've been in this for 6 months so I'm not siding with the left either but the potential for profit is undeniable (I refer you to last week)
Watch and Learn..
Mods please post as a Sticky Note..
This report is a paid for fraud just to get suckers to buy the stock from pumpers and converters.. There is no basis for any thing said in the report and does not have any facts to back up the report.. Proof is that the shares have doubled since the report used to suck more into the stock..
The squeeze trigger is such BS that even ACGX posted it on it's website along with the rest of it's pumping and selling of stock from conversions to the duped and misinformed.. This group of promoters are lower than whale shit on the bottom of the ocean and should be poster childs for what is wrong with scams that take money away from investors..
Take 5 Min to read the history of these promoters and stop following the pumpers that tell you what a great investment this POS is.. Always asking you to slap the ask ,, why because thats where the shares for sale are sitting..
hank
It's so sad but most that believe this garbage posted on some BB's will wake up some day in the future and ask themselves why did I forget to get rich..
So much energy and time spent posting while not taking the same time to do simple Research and DD.. That Research and DD will make them rich must faster than any BB post.. And it seems as some believe that the shares haven't increased in 2014 but during the past year how many times have the shares increased..???
WASH and RINSE.. .. hank
===========================================
golf4uto Wednesday, February 20, 2013 6:02:03 AM
Re: realwood post# 20013 Post # of 29905
did you see rhe update on the 15th... all that volume and guess what, St. Louis/Sorkin once again proved you wrong... no increase in O/S... i believe we are going higher... get on for the ride because there was absolutely nothing normal about that trading pattern, someone wanted into ACGX in a big way.
===========================================================
Market Value1 $207,193 a/o Feb 19, 2013
Shares Outstanding 14,799,477 a/o Feb 15, 2013
Float 14,657,502 a/o Feb 15, 2013
Authorized Shares 50,000,000 a/o Feb 15, 2013
Par Value 0.001
Come now ...
So far in all of 2014, float has barely increased ...
Stick to the real facts buddy...
Not to fantasy ...
ACGX Security Details
Share Structure
Market Value1 $1,542,412 a/o Mar 03, 2014
Shares Outstanding 514,137,354 a/o Mar 03, 2014 Float 413,916,379 a/o Mar 03, 2014
Authorized Shares 750,000,000 a/o Mar 03, 2014
Par Value 0.001
no conversions and we hold a significant portion of the float right here on ihub...
SMCI.. $20.98 New purchase.. will report why later..
03/04/14 10:14 AM EST Buy 88 SMCI Executed @ $20.95 Details | Edit
03/04/14 10:14 AM EST Buy 800 SMCI Executed @ $20.95 Details | Edit
03/04/14 9:36 AM EST Buy 1288 SMCI Executed @ $20.8492 Details | Edit
03/04/14 9:33 AM EST Buy 888 SMCI Executed @ $20.964 Details | Ed
SILC.. $73.19.. New High.. Happy I bought back in and was not totally (it took a re-read several times and started not to make much sense.. scared off by the Alpha article.. hank
Since I have been in and out of the Hosp. during the past few weeks I have only concentrated on one stock as to trading.. SILC gives me enough excitement to keep the jucies flowing.. hank
02/28/14 10:35 AM EST Buy 12 SILC Executed @ $71.932 Details | Edit
02/28/14 10:35 AM EST Buy 100 SILC Executed @ $71.9213 Details | Edit
02/28/14 10:35 AM EST Buy 100 SILC Executed @ $71.932 Details | Edit
02/28/14 10:35 AM EST Buy 12 SILC Executed @ $71.932 Details | Edit
02/28/14 10:35 AM EST Buy 100 SILC Executed @ $71.932 Details | Edit
02/28/14 10:35 AM EST Buy 12 SILC Executed @ $71.9323 Details | Edit
02/28/14 10:35 AM EST Buy 12 SILC Executed @ $71.932 Details | Edit
02/28/14 10:35 AM EST Buy 140 SILC Executed @ $71.932 Details | Edit
02/28/14 10:32 AM EST Buy 288 SILC Executed @ $71.7099 Details | Edit
02/28/14 10:29 AM EST Buy 610 SILC Executed @ $71.624 Details | Edit
02/28/14 10:28 AM EST Buy 75 SILC Executed @ $71.49 Details | Edit
02/28/14 10:28 AM EST Buy 15 SILC Executed @ $71.5 Details | Edit
02/28/14 10:28 AM EST Buy 100 SILC Executed @ $71.49 Details | Edit
02/27/14 11:57 AM EST Buy 1200 SILC Executed @ $70.554 Details | Edit
02/20/14 2:22 PM EST Buy 1158 SILC Executed @ $67.626 Details | Edit
02/20/14 2:11 PM EST Buy 1526 SILC Executed @ $67.7185 Details | Edit
02/20/14 10:03 AM EST Sell 62 SILC Executed @ $67.68 Details | Edit
02/20/14 9:59 AM EST Sell 10 SILC Executed @ $67.68 Details | Edit
02/20/14 9:56 AM EST Sell 13 SILC Executed @ $67.68 Details | Edit
02/20/14 9:54 AM EST Sell 8 SILC Executed @ $67.68 Details | Edit
02/20/14 9:54 AM EST Sell 58 SILC Executed @ $67.68 Details | Edit
02/20/14 9:53 AM EST Sell 3 SILC Executed @ $67.68 Details | Edit
02/20/14 9:51 AM EST Sell 22 SILC Executed @ $67.68 Details | Edit
02/19/14 10:12 AM EST Sell 200 SILC Executed @ $68.47 Details | Edit
02/19/14 10:11 AM EST Sell 400 SILC Executed @ $68.437 Details | Edit
02/19/14 9:56 AM EST Sell 1400 SILC Executed @ $68.7185 Details | Edit ===========================================================
SILC $64.67.. .. Added again today.. I have now 1564 LT and 1976 ST in the trading account.. My target is $85.00 ST and $110.00 LT.. hank
Account: xxxx-xxxx Your Day buy order for 500 SILC at market price was executed at $66.741. See order # 27620 for details.
02/10/14 10:44 AM EST Buy 200 SILC Executed @ $64.4875 Details | Edit
02/10/14 10:43 AM EST Buy 200 SILC Executed @ $64.5 Details | Edit
02/07/14 2:29 PM EST Buy 200 SILC Executed @ $64.3 Details | Edit
02/07/14 2:27 PM EST Buy 300 SILC Executed @ $64.1845 Details | Edit
02/07/14 9:39 AM EST Buy 300 SILC Executed @ $63.9245 Details | Edit
02/06/14 2:41 PM EST Buy 288 SILC Executed @ $62.9655 Details | Edit
02/05/14 12:01 PM EST Buy 300 SILC Executed @ $62.375 Details | Edit
02/05/14 12:00 PM EST Buy 288 SILC Executed @ $62.375 Details | Edit
02/05/14 11:01 AM EST Buy 288 SILC Executed @ $62.3555 Details | Edit
02/05/14 11:01 AM EST Buy 100 SILC Executed @ $62.3555 Details | Edi
01/27/14 1:14 PM EST Buy 200 SILC Executed @ $60.6832 Details | Edit
01/27/14 1:08 PM EST Buy 100 SILC Executed @ $59.99 Details | Edit
01/27/14 12:24 PM EST Buy 188 SILC Executed @ $59.144 Details | Edit
It appears they just made it easier to borrow to me.. Recent posts seemed to have improper information regardind DTCC...
THE NEW PROPOSED $0.05 MIN SPREAD RULE APPEARS TO /AND WILL HAVE MUCH MORE EFFECT ON THE MARKET THAN ANY CHANGE IN STOCK LOAN RULES.. HANK
DJ SEC Plans to Implement 'Tick Size' Pilot
By Scott Patterson
WASHINGTON--Securities and Exchange Commission Chairman Mary Jo White said Friday the agency planned to implement a test program to trade stocks in wider increments, such as nickels, to determine whether such a change would improve the quality of the market.
The pilot program would move the trading of some stocks to bigger "tick sizes," or the difference between what traders bid and offer for the stocks, after more than a decade of trading in penny-wide ticks.
In a speech in Washington, Ms. White said that she plans to push forward the "implementation of a tick-size pilot, along carefully defined parameters, that would widen the quoting and trading increments and test, among other things, whether a change like this improves liquidity and market quality."
The plan has widespread backing on Wall Street, including stock-exchange operators such as Nasdaq OMX Group Inc. SEC officials have been working with exchanges in the development of the plan.
In November, a group advised by the U.S. Treasury Department, which includes investment bankers, mutual funds, venture capitalists and exchanges, outlined their suggested plan, dubbed Small-Cap Trading Rules, or STAR.
Advocates of wider tick sizes say the aim is to make it easier to trade shares of smaller companies. They say wider gaps would make these companies more attractive to market makers because there would be a bigger difference between buy and sell offers. That would promote more trading and less volatility.
The move doesn't have the backing of some market watchdogs, however. An advisory committee to the SEC recently recommended against implementation of a tick-size pilot program, in part due to concerns that the move would benefit intermediaries such as brokers, to the detriment of investors.
Write to Scott Patterson at scott.patterson@wsj.com
SLIC.. $72.00 Since I have been in and out of the Hosp. during the past few weeks I have only concentrated on one stock as to trading.. SILC gives me enough excitement to keep the jucies flowing.. I was again released last PM.. hank
02/28/14 10:35 AM EST Buy 12 SILC Executed @ $71.932 Details | Edit
02/28/14 10:35 AM EST Buy 100 SILC Executed @ $71.9213 Details | Edit
02/28/14 10:35 AM EST Buy 100 SILC Executed @ $71.932 Details | Edit
02/28/14 10:35 AM EST Buy 12 SILC Executed @ $71.932 Details | Edit
02/28/14 10:35 AM EST Buy 100 SILC Executed @ $71.932 Details | Edit
02/28/14 10:35 AM EST Buy 12 SILC Executed @ $71.9323 Details | Edit
02/28/14 10:35 AM EST Buy 12 SILC Executed @ $71.932 Details | Edit
02/28/14 10:35 AM EST Buy 140 SILC Executed @ $71.932 Details | Edit
02/28/14 10:32 AM EST Buy 288 SILC Executed @ $71.7099 Details | Edit
02/28/14 10:29 AM EST Buy 610 SILC Executed @ $71.624 Details | Edit
02/28/14 10:28 AM EST Buy 75 SILC Executed @ $71.49 Details | Edit
02/28/14 10:28 AM EST Buy 15 SILC Executed @ $71.5 Details | Edit
02/28/14 10:28 AM EST Buy 100 SILC Executed @ $71.49 Details | Edit
02/28/14 10:26 AM EST Buy 1200 SILC Executed @ $71.474 Details | E
02/27/14 11:57 AM EST Buy 1200 SILC Executed @ $70.554 Details | Edit
02/20/14 2:22 PM EST Buy 1158 SILC Executed @ $67.626 Details | Edit
02/20/14 2:11 PM EST Buy 1526 SILC Executed @ $67.7185 Details | Edit
02/20/14 10:03 AM EST Sell 62 SILC Executed @ $67.68 Details | Edit
02/20/14 9:59 AM EST Sell 10 SILC Executed @ $67.68 Details | Edit
02/20/14 9:56 AM EST Sell 13 SILC Executed @ $67.68 Details | Edit
02/20/14 9:54 AM EST Sell 8 SILC Executed @ $67.68 Details | Edit
02/20/14 9:54 AM EST Sell 58 SILC Executed @ $67.68 Details | Edit
02/20/14 9:53 AM EST Sell 3 SILC Executed @ $67.68 Details | Edit
02/20/14 9:51 AM EST Sell 22 SILC Executed @ $67.68 Details | Edit
02/20/14 9:30 AM EST Buy 101 NXES Executed @ $0.2014 Details | Edit
02/19/14 10:12 AM EST Sell 200 SILC Executed @ $68.47 Details | Edit
02/19/14 10:11 AM EST Sell 400 SILC Executed @ $68.437 Details | Edit
02/19/14 9:57 AM EST Sell 1200 SILC Executed @ $68.626 Details | Edit
02/19/14 9:56 AM EST Sell 1400 SILC Executed @ $68.7185 Details | Edit
SILC.. Repost..
10 bagger Wednesday, 02/19/14 11:46:53 AM
Re: wadegarret post# 159219
Post # of 159379
SLIC.. $67.86..
While I do believe that this ALPHA author has no axe to grind he might of picked to wrong stock to make his analitical fame on.. As you and others that follow SLIC might give some weight to his article I did lighten up about 60% of my position and will look for a reentry point.. Thanks for the link as I did read it twice looking for any glaring errors or omissions and found none..
Some assumpsions that he made could/should be used to evaluate SILC if you were either bullish or bearish on SILC.. Earnings again are close and I do expect a rise simular to the last on a percentage basis.. My full year EPS projection was around $2.95 which takes it out of the micro-cap area but SILC is still down less than 2% from it's all time high of $69.03 made today..
Waiting for a reentry point my well be worth the wait as some inthe MO-MO crowd may still be aboard.... hank
02/20/14 10:03 AM EST Sell 62 SILC Executed @ $67.68 Details | Edit
02/20/14 9:59 AM EST Sell 10 SILC Executed @ $67.68 Details | Edit
02/20/14 9:56 AM EST Sell 13 SILC Executed @ $67.68 Details | Edit
02/20/14 9:54 AM EST Sell 8 SILC Executed @ $67.68 Details | Edit
02/20/14 9:54 AM EST Sell 58 SILC Executed @ $67.68 Details | Edit
02/20/14 9:53 AM EST Sell 3 SILC Executed @ $67.68 Details | Edit
02/20/14 9:51 AM EST Sell 22 SILC Executed @ $67.68 Details | Edit
02/20/14 9:30 AM EST Buy 101 NXES Executed @ $0.2014 Details | Edit
02/19/14 10:12 AM EST Sell 200 SILC Executed @ $68.47 Details | Edit
02/19/14 10:11 AM EST Sell 400 SILC Executed @ $68.437 Details | Edit
02/19/14 9:57 AM EST Sell 1200 SILC Executed @ $68.626 Details | Edit
02/19/14 9:56 AM EST Sell 1400 SILC Executed @ $68.7185 Details | Edit
ACGX.. $0.0031.. Showing the 10,000 offer but selling the Million.. Guess who's back,, but you got to hand it to them,, they know how to distribute.. .. hank
ACGX.. $0.0031... Congrats to the longs but a word of caution,, How many blocks of over 1000000 shares were bought today and where did they come from and why as usual when the buying stops why have all the bids dissapeared.. ?? Where's BLUE..?? hank