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Does anyone here have a clue how a company with a $1.2m market cap expects to get funding to buy successful IT companies?
They would need to sell billions and billions of shares raise even $10M bucks.
I would love to see the plan.
GLTA!
Wow! Lots of action today.
Let's hope it keeps up.
GLTA!
This is from the SUNW Board. Wanted to pass it on.
mooonshine1999 Thursday, 03/03/16 04:30:08 PM
Re: None
Post # of 53162
ok, let the rampant speculation begin:
I was chatting with my broker- and asking him about the SLTWW-SUNWW conversion and he asked me about SUNW shares and if I had those already or if they converted. When I said I owned them- he said,"those corporate actions acna be a little convoluted"... to which I replied, "it's just a ticker change"...and, "to reflect the business they are in".
Then he volunteered:
"Multiple symbols are changing to SUNW".
I asked him, "what's the other one"?, he came back after a few minutes and said he was confused... Sounds like it. But...
If he let slip a public merger...
RGSE? Right cap size these days- and their stock spiked the last day or two... Nelson said he liked Hawaii... and RGSE is about to get delisted...
similar model- just needs to get the margins up. I don't know if I like it- hate it, or love it.
thoughts?
Cerp,
Somewhat happy to see you are back. I hope this really happens.
GLTA!
What a beautiful sight - Closed at $3.00 with a volume of 324.85K.
GLTA!
Mark,
Not sure why he would. I think he should ride this wave of momentum for as long as it holds.
I hate to say the I am afraid no matter what the numbers are that we will go down as so often has occurred in the past.
I really hope I am wrong.
GLTA!
Interesting how Jim went from Code Talker in 2010 to what we bought in 2014 without even talking about the cell.
Overall it all sounded good.
He talked about profitability. My guess is that when the numbers come out for 2015 that they will show that we were profitable.
So does this mean a run up to 14 March and then the big sell off that we have seen in every other quarter. Time will tell.
Since I am long and all investments are in 401ks, not sure if I am concerned or not.
GLTA!
Incredible how so little amount of shares can create such a run.
I know there are many here today who own more than today's total volume so far.
Many of us have been waiting for this and I finally hope it is here.
GLTA!
Anyone have a link to this interview?
Cerp.
Happy to see you have positive comments here.
GLTA!
Has anyone figured out what symbol warrants are trading under?
Yahoo accepts SUNW for the stock but not SUNWW for warrants.
Could be that it will take time.
GLTA!
Wow.
This will be I interesting to find out why they sold.
GLTA.
I am at 84%. Everything is in 401ks.
GLTA!
Up 10% so far today!
The question is why??
Hope it keeps going for whatever reason.
Mark,
You can currently pick up over 3 shares for a penny at current price.
GL!
Rocket,
Thanks.
Mark,
What do you make of the recent super majority given to Mr Beifuss?
Any guesses on what is going on? Not enough market cap to even consider a R/S to uplist.
They also talked about acquiring IT companies in "Growth by Acquisition Strategy". Not sure where the $$ to execute this will come from. Perhaps Beifuss will tap Cumorah Capital for more $$ to buy the IT Companies.
I sit here wondering what they are up to and hoping it will raise the value of my investment.
Appreciate any thoughts you might have on this.
As long as the deal increases the share price, I am all for it.
GLTA!
Many of you know that William Beifuss from Cumorah Capital is a big investor in SLTD.
Beifuss also runs Carbon Sciences. They just created 1,000 shares of Class A stock and they belong to Beifuss. With these 1,000 shares the board gave him a super majority. I believe this is the same scenario that SLTD was in back in March with JN.
CABN only has a market Cap of around $850K and 321M shares outstanding. What they are doing makes no sense to me and I know that many here follow both stocks. Would appreciate those who care to bounce over to the CABN board and comment.
Deja Vu! I hope it is not as ugly there as it was here last March!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108365967
Link to the filing:
https://biz.yahoo.com/e/160217/cabn8-k.html
Form 8-K for CARBON SCIENCES, INC.
17-Feb-2016
Unregistered Sale of Equity Securities, Material Modification to Rights ofItem 3.02 Unregistered Sales of Equity Securities.
On February 12, 2016, the Board of Directors of Carbon Sciences, Inc., a Nevada corporation (the "Company") authorized the issuance of 1,000 shares of Series A Preferred Stock to the Company's Chief Executive Officer and Director, William E. Beifuss, Jr.
The terms of the Series A Preferred Stock are discussed more fully in Item 3.03 of this filing.
The securities above were offered and sold pursuant to an exemption from the registration requirements under Section 4(2) of the Securities Act, as amended (the "Securities Act") and Rule 506 of Regulation D promulgated thereunder since, among other things, the transactions did not involve a public offering and the securities were acquired for investment purposes only and not with a view to or for sale in connection with any distribution of them.
Item 3.03 Material Modification to Rights of Security Holders.
On February 12, 2016, the Company filed a Certificate of Designation for its Series A Preferred Stock with the Secretary of State of Nevada designating 1,000 shares of its authorized preferred stock as Series A Preferred Stock. The shares of Series A Preferred Stock have a par value of $0.0001 per share. The Series A Preferred Shares do not have a dividend rate or liquidation preference and are not convertible into shares of common stock.
For so long as any shares of the Series A Preferred Stock remain issued and outstanding, the holders thereof, voting separately as a class, shall have the right, on or after February 12, 2016, to vote in an amount equal to 51% of the total vote (representing a super majority voting power) with respect to any proposal relating to (a) increasing the authorized share capital of the Company, and (b) effecting any reverse stock split of the Company's issued and outstanding shares of capital stock. Such vote shall be determined by the holder(s) of a majority of the then issued and outstanding shares of Series A Preferred Stock. For example, if there are 10,000 shares of the Company's common stock issued and outstanding at the time of such shareholder vote, the holders of the Series A Preferred Stock, voting separately as a class, will have the right to vote an aggregate of 10,408 shares, out of a total number of 20,408 shares voting.
The shares of the Series A Preferred Stock shall be automatically redeemed by the Company at their par value on the first to occur of the following: (i) a date ninety (90) days after the effective date of the Certificate, (ii) on the date that Mr. Beifuss ceases, for any reason, to serve as officer, director or consultant of the Company, or (iii) on the date that the Company's shares of common stock first trade on any national securities exchange provided that the listing rules of any such exchange prohibit preferential voting rights of a class of securities of the Company, or listing on any such national securities exchange is conditioned upon the elimination of the preferential voting rights of the Series A Preferred Stock set forth in this Certificate of Designation.
Additionally, the Company is prohibited from adopting any amendments to the Company's Bylaws, Articles of Incorporation, as amended, making any changes to the Certificate of Designation establishing the Series A Preferred Stock, or effecting any reclassification of the Series A Preferred Stock, without the affirmative vote of at least 66-2/3% of the outstanding shares of Series A Preferred Stock. However, the Company may, by any means authorized by law and without any vote of the holders of shares of Series A Preferred Stock, make technical, corrective, administrative or similar changes to such Certificate of Designation that do not, individually or in the aggregate, adversely affect the rights or preferences of the holders of shares of Series A Preferred Stock.
This brief description of the Certificate of Designation is only a summary of the material terms and is qualified in its entirety by reference to the full text of the form of the Certificate of Designation as attached to this Current Report on Form 8-K as Exhibit 3.1.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On February 12, 2016, the Company amended its Articles of Incorporation for the creation of its Series A Preferred Stock. The rights and privileges of the Series A Preferred Stock are discussed more fully above, and the full text of the form of the Certificate of Designation is attached to this Current Report on Form 8-K as Exhibit 3.1.
They are definitely getting ready to do something that requires a super majority.
I believe JN did this same exact move before SLTD did their RS.
Not sure what this will accomplish here. Market cap is not much over $1M and share count is relatively low from the last RS.
TJS or Belnome, any idea what they might be up to?
MW,
In your opinion, what makes them great?
I just read about the last 100 posts and all the posts on Yahoo.
I believe you are the only person who had anything positive to say.
Just wondering what it is that you know or see that no one else knows or sees?
Appreciate what you can provide.
RS,
This just came out today:
http://finance.yahoo.com/news/sunvault-energy-aboriginal-power-acquire-143000495.html
RS,
I got into Sun Vault at $0.05 a few years ago. Sold before it popped. Got back in with a few hundred shares just to keep it on my radar.
They started out with some solar products, then bought into a tire recycling company, then back into solar with selling green energy to the Indian Reservations in Canada. They then developed a Super Capacitor made of Graphene. They are working on Graphene Batteries too. I saw where they are doing something with a solar or Geaphene Car. They seem to be all over the map.
If they ever focus on one or two products they may hit it big.
Belnome,
I saw SLTD go from $0.02 to wherever it went before the split. I have been holding all my shares since I first got in at $0.02 with a million shares. I picked up more SLTD along the way. Currently up 7% on all my SLTD.
I was able to pick up 5 million shares of CABN and I am waiting for it to pop.
All my shares are in my IRA. I am 54, so I have time to wait this out.
GLTA!
Moon,
What do you consider a "nice premium"?
I am up 7% after holding for several years. I was holding out for several hundred percent gain.
I am still hoping.
GLTA!
RS,
Thanks. What do you think about the following:
Grafoid
Sun Vault
Focus Graphite
I have been following them for a while.
RS,
Thanks.
Do you currently own any CABN?
IT Company Acquisition
Anyone have any idea how they plan to pay for this acquisition?
They have a market cap of about $1M.
Interesting about the growth by acquisition strategy. That is the same strategy being used by another company that some of us posters here are invested in.
The CEO of CABN, William Beifuss, also is involved with Cumora Capital.
http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=45840656
Cumora Capital is also a major stockholder of Solar3D (SLTD).
http://www.streetinsider.com/SEC+Filings/Form+SC+13G+SOLAR3D,+INC.+Filed+by%3A+CUMORAH+CAPITAL,+INC./10800651.html
Looks like they own about 5% of SLTD.
GLTA!
RV,
It is a great morning! I am wondering if we will see $4.00 before the EOY!
GLTA!
Bucky.
Thanks. Always appreciate your comments.
I am holding tight. All my shares are in my retirement accounts. I still have about six years before I can pull $$ out of my 401k's without paying a penalty. This actually makes my long strategy very easy.
GLTA!
Wow! A surprisingly good day. I was expecting end of year sell offs this week.
GLTA!
Looks like we are seeing some end of year selloffs. Looking forward to seeing what CABN can do in 2016.
GLTA!
Don't Buy The Solar Scare by Dana Blankenhorn
http://seekingalpha.com/article/3774076-dont-buy-the-solar-scare?app=1&auth_param=6iu0b:1b7ll8k:754768bafb3fa43a04db51a9324c619e&uprof=45
Great quote - "The right place to be in the residential solar market is in the business of selling systems, not leasing them, because the economics of purchase are just too favorable." This is where SLTD is!!!
Don't Buy The Solar Scare
Dec. 23, 2015 12:08 PM ET |
Berkshire Hathaway's NV Energy is sticking a fork in the solar lease market in Nevada.
The plan has yet to be tested before voters, and solar lease companies have not yet begun to fight.
Solar leasing is not the industry's future anyway.
Do not short SolarCity.
EnerTuition has a feature up about a recent Nevada Public Utilities Commission decision that he says sticks a fork in the solar lease model and, thus, companies like SunRun (NASDAQ:RUN), SolarCity (NASDAQ:SCTY) and Sun Edison (NYSE:SUNE) which have used it.
Since the decision applies to all residential solar customers, not just new customers, EnerTuition confidently pronounces solar dead.
The article is filled with anti-solar boilerplate, and is highly political, but here's the bottom line. Utilities like NV Energy, which is owned by Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B), don't want their customers competing with them in the power market. They have been lobbying for years to charge solar customers to access the grid, and to take the excess power they produce at a pittance, which Nevada now plans to do. Remember, solar power supplies peak during the late afternoon, at the same time that utilities can get peak power rates as air conditioners run at peak. At the same time these same companies, most notably Berkshire Hathaway Energy, have been buying utility-scale solar projects with both hands.
Nevada was the third-leading solar state in 2014, according to the Solar Energy Industries Association, but the vast majority of its production comes at utility scale, with projects like First Solar's (NASDAQ:FSLR) Copper Mountain and Crescent Dunes, built by privately-held Solar Reserve. Despite getting 384 MWatta in solar installed last year, it is still only the fifth-leading solar state, despite having a casino-based economy that uses lots of air conditioning and is thus perfect for solar.
EnerTuition seems to be under the impression that other states, including California, are ready to kneecap residential and commercial solar the way Nevada has - stealing the excess power and charging consumers for daring to connect to the dominant utility's lines. To follow that advice would be a mistake.
I personally don't think that, as 20-year costs of solar cross under the 20-year costs of other grid energy - as they did this year - companies like SunRun, Sun Edison and Vivint (NYSE:VSLR) (which is being bought by Sun Edison) are on the right side of the trade. The right place to be now is on the other side, supplying panels. The right place to be in the residential solar market is in the business of selling systems, not leasing them, because the economics of purchase are just too favorable. The right place to be in states where utilities are resisting solar, like Nevada, is on systems that can take people entirely off the grid, using batteries or other storage to keep the lights on at night. Outside Las Vegas, Nevada is loaded with customers, at large distances from the grid, who make perfect candidates for solar-with-storage.
Where EnerTuition's argument falls apart lies in calling out SolarCity as a stock that's worthless. He ignores the company's construction of a factory in Buffalo that will be delivering 1 Gwatt of panels each year, starting in 2017, and puts the company on the other side of the trade. He ignores SolarCity's efforts to re-sell batteries as well as panels, and deliberately does not mention its connection to Elon Musk - its founders are his cousins.
SCTY has doubled its revenues in the last year, to $113 million for the most recent quarter, and as leaseholder it takes a short-term loss in exchange for long-term gains on these transactions. The company's debt load relative to assets is stable, and it has sufficient financing to achieve its investment aims.
Again, if the Nevada PUC decision were applied across the country, including California, it would hamper the residential lease market. It might even slow the sales market by imposing high costs on panel users. But most state regulators are not in the pocket of utilities to the degree Nevada's are, and its decision has yet to be tested in the electoral arena - solar advocates do very well electorally.
I have written favorably about First Solar, which is not at all impacted by the Nevada decision, and somewhat favorably about SolarCity, noting in particular the risks associated with the factory.
Those remain my top calls in the sector. I don't like Sun Edison, don't like SunRun, and don't like Vivint, which SunEdison is buying.
But please, dear reader, understand the underlying economics and the popular reality of alternative energy at this point in the decade. Be prepared to move even more strongly into the panel construction side of the trade going forward. Choose your stocks carefully. Don't buy political spin, and if you want to accuse me of it here, I'm happy to see your money wasted shorting SCTY. You can put it alongside your Tesla (NASDAQ:TSLA) short.
Mark,
Here is a link to a Hybrid System that uses both Solar and Wind:
https://www.windstream-inc.com/my-solarmill
The company is in mega dire straits due to toxic funding, however their product is interesting.
They have a plant in India that is probably the bright spot of the company.
This should be a complimentary type product for our 3 companies.
GLTA!
Alex,
How about posting the text of the article. I do not want to pay $300 a month to Join SA Pro just to read this article.
GLTA!
Can The Uptrend Continue for Solar3D (SLTD)?
http://finance.yahoo.com/news/uptrend-continue-solar3d-sltd-143502645.html
GLTA!
RV.
I am thinking just the opposite. I feel that SLTD brings the opportunity for the owners of the companies that we acquire to grow their wealth quicker. As in the past, both cash and stock will be used to acquire the new companies. The potential of SLTD stock to grow in value should be a major incentive for the companies that we acquire. One problem we might face is competition from other publicly traded solar companies in buying companies that we are interested in.
I see no reason why JN will not be successful in bringing in quality companies as he has in the past.
I think we hit a turning point this week and the future will be very rewarding for both us long investors and any owners of the new companies that we acquire.
Another great day!
Volume: 585,542
Hi: 3.34
Low: 3.03
Close: 3.33
Today's gain: $0.32 (10.63%)
GLTA!
According to Yahoo Finance the Market Cap on Windstream is less than $250K. Makes me feel bad thinking that I lost $30K on this one.
I think the best thing that can happen for this company is to file chapter 11 (or whatever chapter companies use to file bankruptcy) and then start all over again with the technology.
I think oh Bates has something here. He just managed it into the ground and got himself into this pickle.