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sounds like the perfect date! LOL
SREN running .007/.015...no idea why
TENS .56....i was in contact with the ceo ronald tucker today. he said the share structure will not change with the new company. the AS is 50M and OS is just under 20M...i was afraid they would vote to raise it at the shareholders meeting but he said that is not the case.
they are only voting on the name change.... :)
i don't know the float yet...will post it when i find out.
TENS .56....i was in contact with the ceo ronald tucker today. he said the share structure will not change with the new company. the AS is 50M and OS is just under 20M...i was afraid they would vote to raise it at the shareholders meeting but he said that is not the case.
they are only voting on the name change.... :)
i don't know the float yet...will post it when i find out.
hope you are all doing well out there!
sub
8/20/2007 PYTL 1-3 R/S ** PhytoLabs, Inc. Common Stock LQWC LifeQuest World Corporation Common Stock
LOL :) why 2 shares instead of 1?
UNFREAKING-BELIEVABLE for sure!!
RAVI another S-8 for a billion
yep...i'm slow
ditto ;)
you gonna toss $20k at it for the 100 shares post split? lol
sorry folks....this sux
8/20/2007 NTCC 1-100 R/S Nutech Inc. Common Stock NTCI Nutech Inc. New Common Stock Holders of 10,000 shs or less (pre-split) will be issued a minimum round lot of 100 shs (post-split) **
8/20/2007 SKGT 1-1000 R/S SkyBridge Technology Group, Inc. New Common Stock SKGO SkyBridge Technology Group, Inc. Common Stock **
8/20/2007 TQWI 1-1200 R/S Tailor Aquaponics World Wide, Inc. Common Stock DVFA Diversified Acquisitions, Inc. Common Stock 1-1200 R/S; Holders of 120,000 shs or less (pre-split) will be issued a minimum round lot of 100 shs (post-split) **
8/20/2007 SSCY 1-500 R/S ** Satellite Security Corporation Common Stock SLTS Satellite Security Corporation NEW Common Stock
CARD from 8k just filed
1. The Transaction. The 500 Group will arrange a purchase of 90% of the stock of PubliCARD. The existing preferred shareholders will convert their shares to common stock. The existing common stock will undergo a 100 to 1 split. All shareholders with less than 100 shares will receive no recovery. Based on our review, post-reorganization, the common shareholders will number approximately 1400. The common shareholders will own 10% of the public stock.
EWDI .0045/.0047 2x2
EWDI .0044/.0045...gonna break .0045?
LOL ;)
ROTFL! you'll get audited just for that..lol
makes me wanta buy it post RS, of course..lol
ck out their new name..lol..8/17/2007 DRFL 1-100 R/S ** Direct Response Financial Services, Inc. Common Stock SLPI Sleeping with the Enemy, Inc. Common Stock
8/17/2007 DRFL 1-100 R/S ** Direct Response Financial Services, Inc. Common Stock SLPI Sleeping with the Enemy, Inc. Common Stock
8/17/2007 CVSS 1-100 R/S Cardiovascular Sciences, Inc. Common Stock CVSC Cardiovascular Sciences, Inc. New Common Stock
8/17/2007 QMMG 1-4 R/S ** Quest Minerals & Mining Corp. Common Stock QMMC Quest Minerals & Mining Corp. NEW Common Stock
KERX chart
MAGY .062 vol coming in...no idea why
NTII DEF 14A: The Board is recommending that the stockholders approve an amendment to the Company’s Certificate of Incorporation to effect a reverse stock split of the Company’s outstanding shares of Common Stock at a ratio within a range of 1:5 to 1:7. If this proposal is approved, the Board or a committee of the Board will have the authority to decide, within twelve months from the Special Meeting, whether to implement the split and the exact amount of the split within this range, if it is to be implemented. If the Board decides to implement the split, it will become effective upon the filing of the amendment to the Company’s Certificate of Incorporation with the Secretary of State of the State of Delaware (the “Effective Date”). If the reverse split is implemented, the number of issued and outstanding shares of Common Stock would be reduced in accordance with the exchange ratio selected by the Board or committee. The total number of authorized shares of Common Stock would not, however, be reduced from the current total of 50,000,000. The form of amendment to the Company’s Certificate of Incorporation to effect the reverse split is attached as Annex A to this proxy statement.
IMMN .0014 Cotton & Western Mining, Inc. -- Receives Shou Gang Huaxia Letter of Intent Market Wire "US Press Releases "
HOUSTON, TX -- (MARKET WIRE) -- 08/16/07 -- Cotton & Western Mining, Inc. (PINKSHEETS: CWRM) / International Minerals Mining, Group, Inc. (PINKSHEETS: IMMN) -- Robert L. Cotton, President & C.E.O. of Cotton & Western Mining, Inc. announced today that the company has received a Letter of Intent from Beijing Shougang Huaxia International Trade Company, Ltd. The trade group is the appointed subsidiary of Shouang's steel group for purchasing raw steel making materials. http://www.shougang.com.cn/main.html
The LOI signed by Business Department Manager, Liu Hui, is for Mexico under International Minerals Mining Group, Inc. and Mineral Deposits in the Republic of the Philippines , under Cotton & Western Mining, Inc.
Management is now considering the possibility of moving all Iron Mineral Projects to the Quantum International joint venture while CWRM will move into the Copper Crude Ore Mining Sector. The company has been studying three copper deposits in the Philippines and will reach a board consensus before the end of August 2007 . Copper ore pricing is at an all time high averaging near $1,000.00 per metric ton for ore testing at 28% copper. The company is not prepared or experienced in underground mining; therefore, only open pit mining techniques are under consideration. Operational cost of mining copper ore is about the same as mining iron ore, yet the market price per metric ton is more than ten times that of iron ore; this has driven management into an all out effort to find and secure a quality copper mineral deposit. Initial testing of two copper deposits has proven positive with chemical analysis averaging over 27% copper (Cu). A more detailed geological study is scheduled for September 2007 .
A Consulting and Marketing Agreement was signed between CWRM and Agusan Petroleum and Mining, Corporation on July the 17th, 2007 in Manila and that agreement is outside of the CWRM and Quantum International Joint Venture Agreement; and does not impede the progress or mining development plans of the Joint Venturers.
Related Business:
Cotton & Western Mining, Inc. (PINKSHEETS: CWRM) is the sister company of International Minerals Mining Group, Inc. (PINKSHEETS: IMMN); both companies share founding members and Robert L. Cotton is the President and Chief Executive Officer of both firms.
The two companies have each executed joint venture agreements with Quantum International of Houston, Texas for project development financing and off-take of finished crude iron ore products.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission . The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Cotton & Western Mining, Inc.
Houston, Texas U.S.A.
www.cottonwestern.com
Telephone: + 1 281 280 7815
Facsimile: + 1 702 387 2347
morning! wish i had the cash to play CFC....awesome
CFC $20...Countrywide's Fate, Cerberus's Hell, Iceland's Deals: Timshel
By David Wilson
Enlarge Image
A Countrywide home loan branch in Chicago
Aug. 16 (Bloomberg) -- The appearance of the word ``bankrupt' in an analyst report on Countrywide Financial Corp., the biggest U.S. mortgage lender, suggests the fear surrounding the home-loan industry has become too extreme.
Merrill Lynch & Co.'s Kenneth Bruce, who reduced the stock's rating to ``sell' from ``buy' yesterday, raised the possibility in explaining his move. The analyst, based in San Francisco, wrote that Countrywide might have to resort to loan sales in the absence of funding from banks and bond investors.
``If liquidations occur in a weak market, then it is possible for CFC to go bankrupt,' he wrote, using the stock symbol for the Calabasas, California-based company.
This sentence appeared in the middle of seven pages of words and tables, rather than in the headline: ``Liquidity is the Achilles heel.' Based on the market reaction, though, the position was irrelevant.
Countrywide fell 13 percent, the biggest one-day decline since the market crashed in October 1987. The stock's drop for this year reached 50 percent, moving the company to last place among 92 members of the Standard & Poor's 500 Financial Index.
The declines show how much confidence in the debt markets, a lifeline for the likes of Countrywide, has been lost because of rising defaults on subprime mortgages.
`Unprecedented Conditions'
Countrywide's sources of financing include asset-backed commercial paper, or borrowing for nine months or less that's secured by mortgages. The amount of paper outstanding averaged $17 billion a day in the first half, according to its second- quarter filing with regulators.
Upheaval in the mortgage market has caused this source of funds to dry up. Mortgage-related companies can't borrow to pay off maturing paper because ``lenders to them don't want their collateral,' Peter Boockvar, an equity strategist at Miller Tabak & Co. in New York, wrote in an e-mail yesterday.
Yet the damage from what Countrywide has described as ``unprecedented market conditions' is far from fatal. The company has about $185 billion in credit lines available, according to Merrill's Bruce.
Even if the situation worsens enough to cut off the flow of funds, Countrywide has an ace in the hole: its relationship with the Federal Reserve. Countrywide Securities Inc., a unit that trades mortgage-backed debt, is one of 21 securities dealers required to bid at the Treasury's bond sales.
Previous Episodes
At a minimum, the central bank would presumably do everything in its power to prevent the company -- and by extension, the mortgage market -- from falling apart.
Bruce's report raises the issue of bankruptcy without referring to what the Fed might do. There are precedents for some kind of action, including Drexel Burnham Lambert Inc.'s failure in 1990 and Continental Illinois National Bank & Trust Co.'s brush with collapse in 1984.
There may be lots of time to study those examples and determine how they would apply to Countrywide. It's a long way from a word halfway through an analyst report to the reality of a bankrupt company, no matter how fearful investors might be.
* * *
Cerberus Capital Management LP takes its name from a mythical three-headed dog that guarded the gates of hell. The association is more appropriate than ever because the subprime industry's plunge has been hellish for the private-equity firm.
Scottish Re Group, which received a $300 million investment from the New York-based firm in May, delivered the latest blow. The reinsurance company's shares fell 24 percent yesterday and set a record low after its announcement that $3.1 billion of bond investments are backed by less-than-prime mortgages.
The holding was disclosed a day after Aegis Mortgage Corp., a subprime lender controlled by Cerberus, filed for bankruptcy. Residential Capital LLC, part of the buyout firm's GMAC LLC unit, said last week that nonprime mortgages account for 71 percent of its $62.7 billion in loans held for investment.
There might be more to come. Cerberus agreed in April to acquire H&R Block Inc.'s Option One subprime unit for as much as $800 million. The proposed takeover raises the issue of how much hell the firm and its investors can withstand.
* * *
Iceland's financial-service and investment companies thoroughly dominate the local stock market. They account for more than 90 percent of the value of its benchmark index, the OMX ICEX 15. Now they're pushing into the rest of Europe.
Kaupthing Bank hf, the country's biggest bank, just agreed to spend 3 billion euros ($4 billion) acquiring NIBC Holding NV, a Dutch securities firm hurt by losses on subprime investments. The takeover will be the biggest ever by an Icelandic company outside its home country, according to Bloomberg data.
Glitnir Bank hf, the second largest, has expanded throughout the Nordic region and also does business in Canada, China and Luxembourg. Landsbanks Islands hf, the third largest, is buying Bridgewell Group Ltd., an investment bank, to add to its U.K. operations.
The OMX ICEX 15's performance suggests investors are generally happy with the strategy. Even though the index has slumped in the past month, its 23 percent advance this year is the biggest among benchmarks for Western Europe's 18 markets.
To contact the writer of this column: David Wilson in New York at dwilson@bloomberg.net
Last Updated: August 16, 2007 00:11 EDT
TENS share info from TA just now:
The outstanding shares are 19,912,023, authorized is 50,000,000. We do not
have the float.
Corporate Stock Transfer, Inc.
JOES up 21% on 51k vol .02 ask
thanks :)
TENS L2 lol
TENS L2 lol
TENS .25/.35
TENS ut .23/.30