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Looks like JEFF did not want to wait to take us down! First day as a HVYW MM and we plunge!
also http://www.flyviva.com running...
I called her too, she also mentioned a PR this week. She said the 10Q was filed but I can't see it on Edgar.
Reverse split: http://www.investorwords.com/4268/feedback.cgi?4268
Split (of forward split): http://www.investorwords.com/4648/split.html
IR told you PRs coming this week?
The market is now 0.25 x 0.40. Good considering I was able to get 1500 shares at 0.015 a few days ago!
With an OS of only 10 million and a float of only 2 million and based on previous market caps as AXGI, we could trade over $1 with some buying IMO. If the company improved over the last few years it could possibly be higher!
Until we see a filing or detailed PR, it will be difficult to estimate what the real value of our shares are! Based on what I know, $0.50 to $1.25 is what I think we may soon trade at for a while. That's a wide range. Some short term traders may like it but as a long term trader, I will probably try to buy on dips and sell on unusually high peaks (well, I hope!).
The company was able to clean their debts and liabilities a few years ago and now has a chance to make it big with their new filter lines... Time will tell.
IMO we will rise...Anyway, this is one of the best dividends I have received in years!...Thanks Gene!
A forward split would be great! But this is probably just a rumor...Usually forward splits are good for stocks and reverse splits are usually bad.
I would be happy to see a 2-for-1 or a 3-for-1 forward split!!!
Scottrade had the ask at 1.00 for awhile. Now there is only a bid of 0.25 and no ask.
Where do you get your level II quotes for HVYW?
ask now $1.00
about 10 millions OS and 2 millions in the float.
Interesting day! There is no supply and small buys take it higher!
They filled! Nice reading! Their best annual report so far...
It comes from the Auxer Group (AXGI) dividend. AXGI is now VIVI.
It is a little late (about 2 years). To the surprise of Harvey Westbury, I was able to buy some shares at 1.5 cents today. They did not think it could be traded yet but I was able to buy some through Scottrade (not online but over the phone).
There is not much supply as not many people know they can sell their dividends. Myself and a few of my friends have buy orders but I was the only one getting a partial fill.
Welcome!
Jan 9 2003
TD Waterhouse have received HVYW shares. They should be posted in your account in the am. My Friend called them and found out how many shares he is getting.
My friend is also waiting for TD Waterhouse to credit his account...
04/27/2005 15:08:47 NON-TAXABLE SPIN OFF/LIQUIDATION DISTRIBUTION
!!Got my Harvey Westbury shares in my Ameritrade account this AM.
Harvey Westbury dividend update:
The DTC expects to issue the HVYW dividend in slightly more than one week according the Harvey Westbury.
I don't know. The DTC needs to find out how many shares are going to individual brokers, then make the request to the transfer agent. That should not take weeks! Is there someone at the DTC we can contact?
HVYW dividend. Brokers are waiting for the DTC to make "payments". As of today, investors have nothing to do, shares will be automatically deposited in brokerage accounts. Any day now....This is what I understand after talking again to Harvey Westbury, the Transfer Agent, Ameritrade, and TD Waterhouse.
rookinvestor, did not notice the "big hits" you mentioned. As for EC Air website, they only have a temporary web page. I believe the "real" site comes to life on Sunday.
Just saw an "EC Air" commercial on Bloomberg! The add mentions Viva International and the website vivainternational.org.
I am watching Bloomberg right now, I'll let you know if I see them.
Are you saying we wont't get our Harvey Westnury shares? If so, I'll just stop wasting my time calling Ameritrade and Interstate...I have other things to do...
Quellen, I have someone at Ameritrade working on it. The transfer agent and Brokers know that we are getting a dividend. The problem is the DTC. I will call Ameritrade tomorrow and get back to you.
I got the info from TD Waterhouse and Harvey Wesbury. Still wainting for Ameritrade to call me to confirm it.
Harvey Westbury dividend. The dividends will be processed electronically thru the DTC and should appear in you brokerage accounts in approx 2 weeks.
No, sorry. You were a few months too late.
Chris, according to the last interview (march 22nd) they are flying now...
March 22 interview link:
http://www.ibcradio.com/audio/Viviupdate032205.wma
Ameritrade called me today and they are discussing with the Transfer Agent how the shares will be sent to shareholders.
They have not decided if they will be sent in certificate form ($25 charge from the Transfer Agent), or electronically. The transfer agent mentioned that the Brokers may have to send a request with $25 check for each certificate.
The transfer agent is getting a lot of calls from brokers.
Ameritrade will call me back next week and let me know what the procedure will be (certificate or electronic). I think it will be resolved in a matter of days.
Look above for a scan of the certificate I have received yesterday. I have removed my name and the last two digit of the cert number.
Cover letter that came with the Harvey Westbury Certificate (OCR scanned):
March 4, 2005
Dear Shareholder:
Because you were a shareholder of The Auxer Group, Inc. on the record date of January 9, 2003, you are receiving an additional stock certificate for Harvey Westbury Corp., previously a wholly owned subsidiary of The Auxer Group, Inc. (now known as Viva International, Inc.). The Company is approved for trading in the pink sheets and a market should develop soon so consult your broker if you desire to buy or sell the Company's common stock.
Harvey Westbury Corp., located in Paterson, New Jersey has approximately 4,000 shareholders and will trade under the symbol HVYW.PK. The Company has been in existence since 1967. A unique seasonal line of products has allowed the Company to endure the changing economy; as well as several hands of ownership. Its early days mark the inception of several automotive and marine products, such as anti-freeze and battery testers; as well as developing one of the first cream paste wax formulas still used predominantly in Puerto Rico today. Other products such as carbon monoxide detectors, rubber drain-plugs, and air-conditioning kits also remain within the company's distribution, benefiting from a loyal customer base.
Recently we introduced a new line of products including oil, air and fuel filters. The Diamond brand name has generated so much interest within the industry that with the proper funding it could grow into a very profitable product line. Because Harvey Westbury Corp. has an extended history in the automotive and marine industry, the company has cultivated several large distributors, such as Carquest, Boater's World, Warren Distribution and West Marine; all of which have large buying resources to support the targeted revenues of our business model.
Management plans to bring the company into fully reporting status by filing a Form 10SB that will allow the company to file to trade on the OTCBB. The current 4,000 shareholders already give the Company an existing audience for public announcements, which will help preserve an interest in the Company when promotional opportunities arise. Additionally, the Company intends to pursue several preliminary discussions regarding acquisition opportunities that could dramatically increase our revenues.
Management is also seeking new investment funding of $1 Million, in order to carry out a two-phase growth plan. Phase one involves the purchasing of inventory levels to support the obtainable sales program. The current growth model anticipates 75% monthly inventory turnover with an estimated 40% gross margin. The current warehouse capacity can facilitate approximately $10 million in annual gross revenues while sustaining the same fixed costs and providing only a minimal rise in operational expenditures. Phase two provides the company with added revenues from potential acquisition opportunities. We look forward to executing this business model in the coming months.
Additional information on the Company may be obtained by contracting the Company at
(973) 864-0800.
Yours truly,
HARVEY WESTBURY CORP.
Eugene Chiaramonte, Jr.
President
Excellent Interview!!!
Looks like the ration is 1 share of HW for each 118 shares of AXGI. Also, the OS is supposed to be about 10 million shares...
Just received a Harvey Westbury certificate in the mail!
Disregard last post, it's in the PR issued a few minutes ago...