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Do you have a link from the company stating "multiple releases weekly"? The only statements from the company I recall are to the tune of keeping thinks close to the chest, letting news season, not releasing info, don't care about the share price, etc.
I agree with not showing your cards to the competition, if that's what they're doing. I have patience.
Well, if it's 6 months, I can sell a bit without fear of Cap Gains Tax as I've been holding most since April!
IMO, GTC high Sell Limit orders are futile. Each time I've tried that in the past on any stock, TD Ameritrade cancels the order by the end of the day treating them as invalid/unrealistic.
I first became aware of the EGC site around Apr-May 2008, and the disclaimer hasn't changed since then.
Strangely, the disclaimer page itself -- unlike the other pages on the site -- is an image with no links. The only reason I can think of for this design is to hide the page content from being discovered by search engines.
Note that the other well-known companies "profiled" on this site are not links to pages on their sites, but pages hosted by EGC. I would venture to say that these other companies are not aware of EGC's "coverage", and EGC is designed to focus attention on BEHL.
This information is old however, and I continue to hold based on developments I'm seeing.
TDA = TDAmeritrade, a broker
I'm not seeing last trades on TDA either today, although they are working for big board issues. I saw a message on another board that indicated TDA was moving away from pinks. This could be a part of that. I plan to contact them.
Well, that explains why i got the divy in my BofA account the same week (Merrill and BofA are now one). Still no TDA divy here.
Previously, I've tried to place GTC sell orders for $1 with TDA, but they always cancel the order by the end of the day.
That was probably an all-or-none buy @0.001. They had to go that high to find enough shares to complete the trade, in which case it would trade outside the B/A range.
Still no divy shares in my TDA account yet, received BoA divy shares weeks ago.
Adam must be a robot. I still don't have my shares in TDA (although I did receive them weeks ago in BofA). Here's the response I got from TDA on 5-Nov:
Thank you for your inquiry regarding the restricted stock dividend from SYNDICATION INC (SYNJ) that had a record date of 10/19/2009. We were provided 10/23/2009 as an anticipated allocation date from the depository; however, we have not yet received our full allocation of the shares. Once the full allocation is received, the shares will be posted to your account. Unfortunately, we cannot provide a firm time frame for when this is expected to occur as we are fully dependent on the depository to allocate the shares. Please let us know if you have any further questions.
Sincerely,
Adam Russell
Apex Reorganization and Safekeeping, TD AMERITRADE
Division of TD AMERITRADE, Inc.
I don't have a divy in my TDA account yet either. However, they DID show-up in my BoA retirement account today, so I'm 100% confident they're coming! This company does follow-through.
I tried to buy 10M all at once, but BoA would only let me buy 9,999,999 (according to their system), so they broke the order in to 2 x 5M buys each at no additional charge.
That was just me. Still here with all shares. I got bored so I bought 10M more.
Not only that, the doubling of authorized shares is likely already reflected in the current share price of .0015, recently in the .003-.004 range.
The VALUE of BEHL is moving from the 10 BEHL.PK shares to the 1 (BEHL).OB share. When that happens, the 10 BEHL.PK shares will be practically worthless, and the new "bonus" shares will have 10 times the value as the old. While not "technically" a reverse split, it is "effectively" one as the result is the same: you will have 1/10 the number of shares that total the same total value as before.
The result is also an up-listing which should bring its own value to the table.
I like that phrasing: "bonus clothing".
From all that I've read, IMO:
Although the company did not use the RS terminology, it is, in effect, a reverse split and up-listing by way of merger.
The company was coy (or strategic or deceiving, depending on how you look at it) by not requiring BEHL shareholders to tender their shares for shares in the new, up-listed company. This way, it technically considered a "bonus" -- in share quantity only, not $ value -- since a shareholder in BEHL retains their original purchased shares after the merger, but they are effectively worthless (or a proverbial lottery ticket starting at $0.0001). They get a 10% "bonus" amount of shares as a stake in the new company which theoretically should be worth the same $ value on opening day.
Bottom line, I think BEHL shareholders in effect will have an up-listed company with improved visibility and improved shareholder value as a result. Up-listing IS progress. The market will ultimately determine this.
I hope Brian's keeping up with events in his own backyard (MD).
I wonder if we ever went after the Pickens wind turbines.
http://www.baltimoresun.com/features/green/bal-md.windmill16sep16,0,7774897.story
As I recall, the $250,000 is a licensing agreement. I don't recall ever seeing terms of the agreement nor payment terms. I believe when the revenue is recognized in the financials depends on this and if the company uses cash or accrual basis for accounting (I would think it's accrual). We don't know if the payment is dependent on some execution, due in one lump sum, or $1 per year for the next 250,000 years. Anything goes until we know the terms.
Can you provide a link to where the company said they were going to communicate more often? I seem to recall that as heresay/speculation here on IHub, not a company position. The last company position I recall is that they are keeping developments to themselves, and they are not concerned about the day-to-day price of SYNJ.
I got bored, so I just bought another 1M at the .0018 ask.
Even their TV advertising is "nutzo". Why would a guy flying in a helicopter make me want to open an account with ST?
I've been with TDA (and its predecessor, Datek) since 1997 and am VERY happy with it. I find that they have the best order routing to obtain the best trade execution, even if it's not quoted. I frequently have trades with them that better the bid/ask in my favor. My only complaint with TDA now is there's no level-II for pinks.
If the company knows about this ST buy limit, I would think the company would/should address it.
I'm doing my part. I bought 1M more at the open that broke-up into those first 3 trades. It's interesting to be responsible for 1/2 the volume on the day!
If Brian's afraid of having someone look-up IHub, then they should remove the reference from the company web site. I know they removed the link, but they should remove the reference all together. Right now, it's tantamount to a suggestion for the web site visitor to check Investor Hub.
Ummm ... someone got 30M at .0017, an over-$50K trade. I think they were T trades that showed-up after the close. Any way to verify?
That's one of the main reasons why I've never sold a share of SYNJ.
I hear ya, but I think a lot of people are "checked out" as it were in August with vacations and what not. I can't help but feel like we will get back to business after the holiday. And, IMO, most of these anticipated BEHL activities look be coming to fruition after Labor Day.
OR, the REAL action starts after Labor Day when more things are happening in general and more eyes are watching/acting.
It's there. Hit Refresh. Record Date 10/19/2009.
Really? We created a spreadsheet? I expect much more from a PR. Perhaps I'm a bit too demanding as a shareholder.
"serious" negotiations?? What other kind of negotiations are there?
Today's filing is as of 31-MAR-2009. So, with the exception of everything after NOTE 5 - SUBSEQUENT EVENTS, everything -- including the share structure -- must be considered as of that date.
I see a PR from 25-Feb-2009 headlined "Syndication, Inc. To Rescind 300 Million Shares", but we never heard that the shares were actually rescinded. If they were, when did that happen? So, I'm not clear if the share structure is as stated currently, is less, or is expected to be less in the future.
I'm DEFINITELY happy to see a document finally. One thing I'm not clear on: with this filing documented, does this mean that all material events have now been disclosed? In other words, are the subsequent events complete and up to date?
Who is creating these false impressions that a PR is coming today? The company never said that they are going to issue PRs more frequently. All of this PR hype is speculation by this message board. They will release info when they are ready.
Personally, when I originally bought into SYNJ a couple of months ago, I did so with a long-term view and really didn't expect any real "action" getting started until about September or so. I may turn-out to be right! I went into this knowing that patience was required.
I bought another 1M yesterday at the ask.
I agree on the PR points. I don't want this to be a "pump", but the catch-all PRs are jumbled and not very straight-forward. For example, the one "announcing" the merger mentioned the merger only in the headline. It was not even mentioned in the content that there WAS a merger. We still don't know the detail: How was the merger accomplished? Who got what? Did the share structure change? That PR should have been devoted to explaining the merger and nothing else. Separate PRs each with a dedicated headline for each subject should have been released when the time for each was right.
These failings aside, I'm still long-term strong on the company. The CEO has at least accomplished that with me.
Although I bought 5M at .0038, and I'm feeling that pain, I'm buying 1M more here.
You can see the MMs are trapped. The bid/ask moves don't match the actual trades at all. We'll see what happens shortly.
It's been a long time since I've seen an MM stand-off like this. No matter what they do, people buy. I really don't think there are any shares left to sell to buyers, and they're scrambling for anything they can get. I tried to start it up with a 10:27a 3,000,000 buy at .0033, and it's only creeping up here! I think the longs will win this battle soon. This is a highly coiled spring ready to POP! IMO
I watched this happen too on I-95 daily last year for 6-8 months. Every morning on my commute there was an escort for a huge wind turbine parked on the side of I-95 near I-695 at the Baltimore city line apparently after just having passed through/around the city.
I think what he was trying to say was the dip in BEHL at 11:30a was people moving money into SYNJ on just-released news. I was watching both at the time, and I think that's definitely behind the drop -- wasn't an MM shake-out, IMO.
I must say I don't like today's PR. This EmergingGreenCompanies.com has been mentioned before, and it raised a red flag with me for a couple of reasons:
1) I can't figure-out who's behind it.
2) It makes a terrible attempt to associate BEHL with the likes of HP, Whole Foods, etc. If you look at the links for each of these companies on the site, the only one that refers back to the referenced company's site is BEHL. The other big-name companies reference links to a page hosted on EmergingGreenCompanies.com. If these other companies were in fact focused here, they would've dedicated a page to be referenced on their own sites.
I think all of the great verifiable information regarding BEHL has me holding my position, but this association with EmergingGreenCompanies.com stinks IMO.
That was me buying 2M more. It's down another 20% from my last buy, so time to avg down!