will put Jerry Woods in jail, **Liers are thieves
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Scully
A good report. Maybe there will be a real turnaround, but I will keep my stance until it is reported through proper channels showing a business plan adding new customers on a consistent basis. I am not going to wait another 3 years for a turn around.
Thanks
P.S. I thought that you were instructed by others not to discuss Waylinks, and here you go again. So suddenly, as if by magic is is now ok to mention their name again, so here I go.
Never understood why Waylinks was a banned word in the first place as the company PR openly acknowledged their involvement with the company and its product.
Maybe one should explain why they purchased 20,000 antennas and what has happened with that purchase. Maybe now the company can release information as to a delivery date.
China, we are not openly admitting that the product and parts are coming from China. I wonder if Waylinks would have problem in your open admission of that information.
Question , Who is buying who ???
Drake Gold Resources, Inc. Brings Oil and Gas Expert Aboard as Advisor
Drake Gold Resources, Inc. Has Signed an Agreement With Oil and Gas Executive to Act as Special Advisor of Acquisitions for Its Energy Subsidiary
Aug 1, 2007 9:45:00 AM
SCOTTSDALE, AZ -- (MARKET WIRE) -- 08/01/07 -- Drake Gold Resources (PINKSHEETS: DKGR) is pleased to announce that Mr. Michael Krasner has joined the organization to serve as a special advisor as the company works to create an Oil and Gas Subsidiary. Mr. Krasner has a 30-year history in the oil and gas industry and is a member of the Society of Petroleum Engineers. In his role as a project manager in the industry, he has helmed more than 100 successful oil and gas drilling projects. His career has included such challenging recovery efforts as offshore and horizontal drilling. Mr. Krasner brings this formidable skill set to the company and its Oil and Gas Subsidiary.
As Gas and Oil recovery becomes more lucrative, it also is proving to be more challenging. To stay competitive, companies must develop deeper, more remote and ambitious projects. The addition of Mr. Krasner means that DKGR's spin-off will have the expertise needed to meet these demands and create a high value portfolio of oil and gas recovery operations.
Mr. Krasner's auspicious career began at the age of 21 when he became the youngest drilling and production supervisor for Enserch Exploration, Inc., in Oklahoma. Since his promising start in the industry, Mr. Krasner has continued to serve in various executive positions with distinction. One of his most successful undertakings has been continuing the work of his father, renowned Texas "wildcatter" Sam Krasner, at K-Sam Oil Company LLC.
Mr. Krasner's tenure at K-Sam Oil Company LLC has been focused on the expansion of operations in the Barnett Shale. This formation is estimated to contain approximately 27 to 30 trillion cubic feet of gas. The amalgam of all of this experience is valuable for DKGR and its shareholders as it moves forward with the creation of its gas and oil subsidiary launch.
ABOUT DRAKE GOLD RESOURCES, INC.
Drake Gold Resources, Inc. is in the midst of creating a diversified natural resource company, with a portfolio of precious and industrial metals producing mines as well as the creation of an oil and gas subsidiary. As a result of ever-increasing demand and the resulting scarcity, the market for natural resources becomes increasingly profitable.
Diversification and innovative exploration tactics are part of an overall strategic plan that is being carried out by the company's formidable team of natural resource development executives. Diversification plans include the development of gas, oil, gold, silver and industrial metals producing projects. For further information about Drake Gold Resources please visit our website, http://www.DrakeGold.com.
ABOUT K-SAM OIL Co, LLC
K-SAM OIL CO., LLC. http://www.KSAMOil.com is a Texas corporation, based in Dallas, Texas. Sam Krasner, a legendary old "wildcatter" in the oil and gas industry, founded the successful K-Sam Oil Company in the mid-1960s. For the past year K-Sam has concentrated its development efforts in the lucrative Barnett Shale, particularly in Parker County, northwest of Fort Worth, Texas. The widespread Barnett Shale underlies approximately 15 counties and the latest U.S. Geological Survey assessment indicates the natural gas-laden Barnett Shale may extend as far north as Red River, as far west as Knox County, and south to Burnet County. This formation is estimated to contain approximately 27 to 30 trillion cubic feet of gas. Approximately 3,000 natural gas wells have been successfully completed since 1999, with a less than two percent failure rate -- a phenomenal completion rate in oil and gas field development. Parker County is such a promising location on the Barnett Shale that major oil and gas drilling and development companies, such as Devon Energy Corporation and XTO Energy, Inc., are acquiring leases in Parker County.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Based upon industry standards Drake would be considered highly speculative. Additional risks you should consider, this list is limited and additional risk not mentioned may apply: failure to meet Drake's financial and contractual obligations, Drake's managerial errors made based upon the Company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Contact:
Drake Gold Resources, Inc. (DKGR)
Investor Relations Hotline
1-888-601-9983
Email: info@DrakeGold.com
Website: http://www.DrakeGold.com
Public Relations Contact
1-310-728-9452
Email: Info@DrakeGold.com
Drake Gold Resources, Inc. Brings Oil and Gas Expert Aboard as Advisor
Drake Gold Resources, Inc. Has Signed an Agreement With Oil and Gas Executive to Act as Special Advisor of Acquisitions for Its Energy Subsidiary
SCOTTSDALE, AZ -- (MARKET WIRE) -- 08/01/07 -- Drake Gold Resources (PINKSHEETS: DKGR) is pleased to announce that Mr. Michael Krasner has joined the organization to serve as a special advisor as the company works to create an Oil and Gas Subsidiary. Mr. Krasner has a 30-year history in the oil and gas industry and is a member of the Society of Petroleum Engineers. In his role as a project manager in the industry, he has helmed more than 100 successful oil and gas drilling projects. His career has included such challenging recovery efforts as offshore and horizontal drilling. Mr. Krasner brings this formidable skill set to the company and its Oil and Gas Subsidiary.
As Gas and Oil recovery becomes more lucrative, it also is proving to be more challenging. To stay competitive, companies must develop deeper, more remote and ambitious projects. The addition of Mr. Krasner means that DKGR's spin-off will have the expertise needed to meet these demands and create a high value portfolio of oil and gas recovery operations.
Mr. Krasner's auspicious career began at the age of 21 when he became the youngest drilling and production supervisor for Enserch Exploration, Inc., in Oklahoma. Since his promising start in the industry, Mr. Krasner has continued to serve in various executive positions with distinction. One of his most successful undertakings has been continuing the work of his father, renowned Texas "wildcatter" Sam Krasner, at K-Sam Oil Company LLC.
Mr. Krasner's tenure at K-Sam Oil Company LLC has been focused on the expansion of operations in the Barnett Shale. This formation is estimated to contain approximately 27 to 30 trillion cubic feet of gas. The amalgam of all of this experience is valuable for DKGR and its shareholders as it moves forward with the creation of its gas and oil subsidiary launch. cont.
Drake Gold Resources: Welcomes Michael Krasner As Its Oil And Gas Project Advisor
Drake Gold Resources Management Forum - Michael Krasner Comes On As Oil And Gas Advisor
In welcoming Mr. Michael Krasner to Drake Gold Resources, the company is dramatically expanding its organizational capacity. With the introduction of Mr. Krasner, DKGR has a much deeper ability to meet the challenges of its expansion. This management forum seeks to elaborate on the recent press release in regard to his addition to the management team. Mr. Krasner is a key component in the creation of the new oil and gas subsidiary. "With Michael's involvement we can ensure this undertaking is being made with seasoned leadership and that profits will be maximized," were the sentiments of president John Marconette.
Mr. Krasner has had a level of success with independent energy companies that is unprecedented. Much of this success has been due to his ability to draw on his and his father's years of experience. He has been able to enjoy this success because of the kind of autonomy that is only available working outside of the major oil companies. In real terms, Mr. Krasner has helmed more than 100 successful oil and gas drilling projects. Many of which have included such challenging recovery efforts as offshore and horizontal drilling. Mr. Krasner brings this formidable skill set to the company and its oil and gas subsidiary.
Another important aspect of a career focused on building smaller energy companies is that executives must have a strong handle on expenses. Smaller organizations have much less room for underperformance than the majors. Mr. Krasner understands this exigence intimately, bringing fiscal discipline to an undertaking that can only flourish when expenses are controlled through strong and knowledgeable management.
Metro IS THAT you??? Are you saying fall in line and all will be Rosy???
Only when the cards are on the table and the Company stops miss leading me and lays it all out and show me the the NEW BUSINESS PLAN , to many things have been covered up in the past. you get me a new plan that add new customers every month and we will talk.
Thanks
Did he mention that it will cost more than the shares are worth to make them free trading? Get him to commit to doing a registration at the end of one year so they will be free trading.
The purpose is to keep you on board By giving you 2/1 and $24 per share, they want you to hold in there.
MCO UPDATE ON CCOP
Update
Crickets Abound
Chirp....chirp....chirp...
What's that sound you hear? Ooooh...those are crickets. They are clearly audible when micro-cap companies haven't released news in some time. While they make for great listening on a warm summer evenings, generally speaking, investors don't like to hear crickets as they pertain to stocks they own, particularly micro-cap stocks. Why? Because it means that the company they own has nothing to propel the stock price.
News has more of an impact on price action and volume for micro-caps than any other capitalization strata within the equities asset class. Micro-caps trade on news, and in anticipation of it. No news = buyer scarcity. When buyers are scarce, then selling of virtually any amount can have a negative impact on the short-term price of the micro-cap stock in question. Hence our dilemma.. NO NEWS IS BAD NEWS To all stockholders go and take a look at your stock cert. Now look at the date and ask your self how much money have I made?
THIS IS NOT FROM CCI
~UTYW News...
Unity Wireless Receives $1.1 Million Order From India's Largest Mobile Service Brand
Brings New '07 POs From This Tier-One Operator to Over $2.6 Million With Additional $1.5 Million Forecast
Aug 1, 2007 3:00:00 AM
DELHI, INDIA and BELLINGHAM, WA -- (MARKET WIRE) -- 08/01/07 -- Unity Wireless Corporation (OTCBB: UTYW), together with their regional partner Frog Cellsat Pvt. Ltd., today announced that it has received a purchase order for $1.1 million with an additional 2007 forecast of $1.5 million from one of India's largest Wireless operators. This latest order for Unity's Coverage Enhancement product line brings the 2007 order total from this tier-one operator to over $2.6 million.
"India has 15% penetration or 160 million subscribers today, with an annual growth rate of 82.2%. Within five years it is estimated that the country's wireless penetration will grow to 40% or 500 million subscribers," commented David Orton, Vice President of Marketing and Unity's IRO. Mr. Orton continued, "China is the biggest market in Asia Pacific with a subscriber base of 48% of the total subscribers in Asia Pacific. Compared to that India 's share in Asia Pacific Mobile Phone market is 6.4%. Considering the fact that India and China have almost comparable populations, India's low mobile penetration offers huge scope for growth."
"Our ability to provide competitive products to the Indian market has allowed us to be successful in this region," said Michael Manor, Executive Vice President, Sales for Unity's Coverage Enhancement Solutions group. Mr. Manor continued, "We see great promise for this massive and growing market throughout the balance of 2007 and beyond."
For an overview of Unity's leading edge outdoor frequency shifting repeaters, and high efficiency indoor repeaters, please see the easy to view product overview presentation at http://www.unitywireless.com/pdf/UTYW%20Product%20Presentation.pdf
About Unity Wireless
Unity Wireless is a world class provider of wireless coverage enhancement solutions for cellular operators and custom subsystems for network infrastructure manufacturers. For more information about Unity Wireless, visit www.unitywireless.com.
Forward-Looking Statements
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "feel," "plan," "anticipate," "project," "could," "should" and other similar expressions generally identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, changes in external market factors including the economy, and other risks and uncertainties indicated in the Company's most recent SEC filing on form SB-2. Actual results could differ materially from the results referred to in the forward-looking statements.
Investor Contacts:
Talal Fouani
Wall Street Financial Corp.
(403) 616-8472
David Orton
VP Marketing & Investor Relations
Unity Wireless
Toll Free 1-877-988-6489
You are probably right. The Big Question is why are they trying to SNOW us. If you look at the timing of PR after the first offer show they started to back peddle VALUE counterdicting the earler PR making it look like there is less value so they can buy cheaper.
(time for bed.)
GO AHEAD and LET THE thieves takeyour money
AURC a GOLD Co. in Russia is processing tailing piles and if they are managing cost down, The cost can be as low as $50 per oz.
What do you need? A crusher, loader and conveyors and two or three men to Heep Leach and the company claiming to be able to produce 10,000oz. of gold per month, then move production up from there.
HOW MUCH IS 10,000oz. of gold worth ??? or Year
Tell the Company NO to $.55 or hire new management, Remember you are the owners of this company.
GIVE EM HELL
Hay if your facts differ from the PR the Company hes released PLEASE share it with us and document it.
Thanks
Figures don't lie But liars Figure
Now they are trying to make you believe that COST is 70% of the price of Gold ie: 70%X 600=$420 Now you know that is a out right LIE.
Now what will 10,000 oz. of Gold buy??? and EACH MONTH ???
**
...The Board made their decision on the fact that the assets of Aurus Corp. are $8 billion as well as the fact that the company is in production. With expenses ranging at approximately 70% of the production value of the minerals, the amount of profit in relationship to share value is very high and the share price should be $2-3.
Based on the negotiations, the Board believes very strongly that the counter offer will be accepted
**
The BOARD and MANAGEMENT is LYING to {WE THE STOCKHOLDERS}
Now what does it take to wake you up???
Does anybody give a dame that Management is trying to CHEET you out of your stock by not paying what it is worth, A Company valued over $9,000,000,000 being sold for $179,000,000 .
Come on Guys Wake up!
Russian Energy IPO Is a Sucker Bet
By Steven Pearlstein
Wednesday, June 28, 2006; D01
(Russia, Nigeria...no way!!! Hard enough to keep risk down without looking for it in those places!!! IMO....)
For comic relief, you can't get much better than yesterday's prospectus from Rosneft, Russia's energy giant, seeking $10 billion from Western stock investors gullible enough to believe that Russia can now be trusted as a reliable business partner.
Never mind that the company is a financial house of cards, or that its assets have largely been stolen, or that its chairman's day job is as President Vladimir Putin's deputy chief of staff. In fact, it says right there in black and white that, because of its ultimate control by the government, the company may, from time to time, "engage in business practices that do not maximize shareholder value" and cause it to "take actions that may not coincide with the interests of minority shareholders."
But newly minted investors in Rosneft won't be alone in falling for the Russian con game.
They will join an earlier group of investors who saw as much as $30 billion of their assets expropriated by the Kremlin on a trumped-up tax charge, passed through a couple of shady intermediaries and eventually sold for a song to Rosneft.
They will join many of the world's major oil companies that have already sunk billions into joint ventures, only to be told last month that they'll have to hand control of these projects to their Russian partners and accept minority investor status. The move was justified on the basis of a Russian Academy of Natural Sciences report that found -- get this -- that putting control in local hands was necessary to increase efficiency and avoid costly delays and cost overruns.
The new Rosneft investors will join William Browder, arguably the country's largest Western investor, whose reward for years of evangelizing on Russia as an investment opportunity has been an order barring him from entering the country again -- presumably until he calls off his campaign against insiders who strip their companies of valuable assets or unilaterally dilute the stake of minority shareholders.
They'll have something in common with the major countries of Western Europe, which relied on Russia for much of their natural gas until the Kremlin turned off the spigot during a cold snap last winter as part of a game of geopolitical chicken with one of its former satellites in Eastern Europe, which had the temerity to challenge the Kremlin.
They will have something in common with the free-trade-at-any-cost crowd within the U.S. business community, who continue to push for Russia's entry into the World Trade Organization despite daily evidence that Putin and his cronies don't have any intention of respecting the rule of law.
And they'll be partners-in-gullibility with J.P. Morgan Chase, Morgan Stanley and Goldman Sachs, which, for the usual exorbitant fees, have rented out their good names to the Rosneft stock offering but won't be anywhere to be found when investors are left holding the bag.
Finally, Rosneft investors will be able to feel a certain kinship with President Bush and the other leaders of the Group of 7 industrialized countries who prematurely invited Russia to join their club on the notion that it would hasten the country's embrace of capitalism and democracy. Now that it has had precisely the opposite effect, with Putin's allies agitating to make him president for life and the Kremlin extending its economic reach beyond the energy sector to create "national champions" in any number of new sectors, Western leaders will have to bite their tongues as Putin proudly presides over next month's G-8 summit in St. Petersburg.
While making no apologies for rigging markets or demanding Russian control of Russian firms, Putin makes a stink whenever he spies what he thinks is "anti-Russian bias" preventing Russian firms from freely investing in other countries. His henchmen complained when Britain hinted that it might block the purchase of its gas supplier, Centrica, by Gazprom, the Rosneft of natural gas. And just this week, Russian politicians were in high dudgeon about Arcelor's decision to accept a takeover by India-born steel entrepreneur Lakshmi Mittal rather than hook up with Russia's Severstal -- a deal that would have left Severstal boss Alexei Mordashov, a Putin favorite, as controlling shareholder of the new company.
It should tell you something that both Vice President Cheney, the pit bull of the right, and George Soros, the sugar daddy of the left, have recently suggested that it's time to stop acquiescing to Putin's political and economic power grab. But I most like the advice recently offered by chess champion Garry Kasparov, who argued that the only way to deal with a bully like Putin was to throw him out of the club and stop the flow of investment capital.
"Western leaders can express regret, concern, even 'grave concern' all they like," Kasparov wrote last week in the Financial Times, "but this is not a language the Kremlin understands."
Forcing Rosneft to withdraw its stock offering would be a mighty good place to start.
Steven Pearlstein will host a Web discussion today at 11 a.m. at washingtonpost.com. He can be reached atpearlsteins@washpost.com.
© 2006 The Washington Post Company
ASAP turn on CNBC for article on GOOGLE into telecom Business.
Z et/al
I think the SEC is complicit with the Brokers and needs a HOUSE CLEANING and We should all BOYCOTT the BROKERS for 6 Months.
***************
THE TIDES ARE TURNING.
This just in >>>>>>>>>
Overstock Ruling Favors Public Companies Across Nation
July 19, 2007
By David Patch
For nearly a decade the prime brokers of Wall Street have sat back in total comfort knowing that the Securities and Exchange Commission had no interest in going after their illegal enterprise of selling massive quantities of unregistered securities to the unsuspecting public. Yesterday, in the Superior Court of California, County of San Francisco Judge John Munter kicked out one of the legs in that comfortable chair sending Wall Street prime brokers crashing to the floor.
In a favorable ruling for Overstock.com, Judge Munter ruled that Overstock and it co-plaintiffs have stated viable claims for market manipulation by the prime brokerage firms under California securities law. With the ruling comes the opportunity for Overstock.com to peek into the records of the prime brokers as discovery is obtained in the case. Such discovery could bring transparency to an issue where the data, and possible evidence, has been tightly controlled by regulators and members of Wall Street for years. That is until Judge Munter made his ruling.
Considering that for the past 4 years the SEC has identified through public statements and published documents that trade settlement failures can be abusive and can be used as leverage to manipulate markets. Earlier this year the Chairman went so far as to call it [settlement failures] a serious problem. It is unfathomable then as to why this commentary has not been followed up with swift regulatory enforcements cases as the trade settlement failures continue to accrue to higher and higher levels.
Consider that in January 2005, when reforms were proposed to correct the settlement failure problem the level of aggregate daily fails were nearly 20% below where they were in March of 2007. In the case of teh market trading in Overstock.com the story is far more severe as the daily aggregate fails to deliver in that stock for the month of January 2005 were averaging around 130,000 shares but had grown to an aggregate daily average of over 3 Million shares by April 2006. The companies request for SEC support in rectifying this exponential growth fell on deaf ears with the agency willing to protect the prime brokers accumulating these failed trades.
Has the Chairman not yet understood that a serious problem with no regulatory enforcement is an even greater issue as it raises doubts about the overall safety and integrity of these markets.
In the operations of Wall Street the settlement failure accruals that have become such a serious problem are the responsibility of the prime brokers. These prime brokers are now sitting in the cross hairs of Overstock.com attorney’s outside the protections of the federal regulators and are now being forced to face a more impartial jury of 12 American citizens not so focused on politics and political contributions. Imagine the fear of knowing that spending millions of dollars in lobbying will have no impact on a jury of 12 that cannot be legally approached with the bribe money.
How significant was the ruling?
A spokesman for Merrill Lynch & Co. Inc. could only downplay the ruling by stating the judge's decision "was merely a procedural ruling that says nothing about the merits of the case." That has never been denied but, this is also the first ruling of it’s kind for a public company the size of Overstock.com and could be the precedent set for several pending cases in US courts across the country. That alone is huge and the tell signs that a shift is in play comes by way of the media silence that accompanied this decision.
It wasn’t the trivial nature of the court decision that silenced the media; it was the fear of the repercussions such a decision can have on the future of the nay Sayers who have long denied the public the right to a fair and impartial coverage of this market issue. If Overstock.com is successful in a trial it will expose the ethical conflicts of interest within a large subset of the financial media.
Overstock.com’s main cheerleaders of criticism Roddy Boyd of the NY Post, Herb Greenberg of Marketwatch.com, Joe Nocera of the NY Times, Carol Remond of Dow Jones Newswire, and Seth Jayson of the Motley Fool have long chastised CEO Patrick Byrne and his plight for market integrity and transparency. It is not how CEO’s survive in the US capital markets as the US markets work as much on favors and protection money as anything else in maintaining a successful business. Wall Street, if they want, can chew you up and spit you out despite your companies successes and these cheerleaders of Wall Street have protected that culture.
These critics have mocked and ridiculed Byrne for his actions despite court victory after court victory. Everything positive in the court system for Overstock.com was presented as a negative to the general population. Until now that is. There is nothing left to be even remotely negative about gaining the rights to discovery and the rights to go to trial to prove your case and thus the silence by the critics has been deafening. Silence has become a sign of fear; of a change coming that can no longer be denied. No cheerleading today from the girls, simply the eerie silence that comes from concern.
A court ruling such as this that allows a case to proceed to discovery has been rare, almost nonexistent. Wall Street has had the upper hand to nearly all previously filed cases of this nature as the “evidence” needed to move a Judge to proceed to discovery was trapped in the books of Wall Street and Wall Street was not about to give up the goods. It was a catch -22 that had been working for nearly 6 years. Today’s victory will force discovery and force the vaults to open and the books to be audited. Vaults that once opened will be difficult to close in the future.
Discovery will become the opening of Pandora’s box at the prime brokerage houses and such has been a fear each has lived with for many years. Each has spent literally millions of dollars to protect their secrets and a Judge in California just came in with the combination which provides Overstock.com the authority to peek inside.
Overstock.com CEO Patrick Byrne best describes such opportunity by simply stating, "We're going to crawl around in Wall Street's attic with flashlights and bolt cutters," he said. "I think there's a lot of dirty secrets from within Wall Street that are going to be revealed."
And what is wrong with that? Isn’t transparency a good thing? Won't transparency prevent the abuses leveraged off the ability to hide the fraud?
As I see it, the last hurdle I see that Overstock.com will face is that of the Securities and Exchange Commission. Will the SEC interfere in a civil case in state court?
In recent months we have heard of the threats imposed on state regulators and state legislature by members of the SEC. As state legislature watched closely what impact the inactions of the SEC had on their constituency several drafted and voted for state level reforms to reign in market abuses. The SEC and the premiere Wall Street lobbying firm of the Securities Industry and Financial Markets Associations (SIFMA) hit the state congressman quick and hard. Threats of future repercussions should the bills proceed into law were as regular as an old man on Muselex.
Concerned about how the SEC would respond to Judge Munter’s decision, I posed several questions to the SEC Chairman and the Commission staff. The questions were presented to each by E-Mail after SEC spokesman John Heine had indicated that the SEC had comment on the day of the decision. I asked each specifically,
1. Do you have any general comments regarding this decision?
2. Have the prime brokers been in contact with the SEC seeking Commission support in their defense?
3. Does the SEC plan on participating in the defense of the prime brokers in their actions and/or does the SEC plan on submitting a brief to the court whereby the Commission challenges the courts legal standing in hearing this case as it has done in the past?
4. What possible market concerns does the Commission staff have to a possible victory for Overstock.com in this case?
5. Does the Commission have any concerns that the credibility of the agency will be diminished should discovery prove that abuse was taking place while the Commission turned the other way and what the Congressional Oversight Committees and Judiciary might do with such insight?
6. Will this ruling change the approach the Agency takes in this matter so as to get in front of the issue instead of holding back as has been the case in other more recent regulatory scandals?
Unfortunately neither Chairman Cox nor any of the Commission staff were willing to comment on or off record to these questions. On a case that could leave repercussions across the industry the management team of the federal regulator responsible for these markets has gone underground to regroup. Maybe they are simply waiting for a call from the cheerleading crew to propose these same questions in a more favorable light.
Trust me, this is only the beginning of what will be a long story. Expect the pushback, the politics, and the denials of Wall Street and Wall Street mouthpieces. As you listen to it all simply ask yourself what fear there is in taking your case to a trial in front of 12 jurors. Why fear the battle if you believe your Armour is impenetrable, unless or course your Armour is really all pomp and circumstance of course. Only those in fear of losing are afraid to fight the battle and Wall Street is now in fear.
This ruling was not just a victory for Overstock.com, it was a victory for the public companies and their investors being abused by the system.
For more on this issue please visit the Host site at www.investigatethesec.com
Copyright 2007
STOCKGATE TODAY
An online newspaper reporting the issues of Securities Fraud
http://www.investigatethesec.com/20070719.htm
Effective Control Trucking LLC. Reviews the Revenue Model
2007-07-31 11:20 ET - News Release
LONGUEUIL, QB -- (MARKET WIRE) -- 07/31/07
Media City Corp. (PINKSHEETS: MCCY) (www.ecnholding.com) President Raphael Huppé is pleased to announce a review of Effective Control Trucking LLC.'s current revenue model.
"The company's growth has been exponential and has really come into its own with a portfolio of contracts and LOIs which should translate into over $100 million in sales for fiscal 2007. Our shareholders have been very insistent with their numerous inquiries on the revenue model at Effective Control Trucking LLC. In order to give our shareholders a better understanding of our revenue model we have chosen to release this PR outlining where the growth in our top line will come from and how we expect to see a move to the $200 million sales level. Our sales team has been hard at work and the results of our efforts have generated a number of demonstration contracts, some as old as three months, that are now in the process of converting to full contracts. We are also signing and announcing a number of new Letters of Intent for new pending contracts that will not have a demonstration phase.
"All contracts will have an initial upfront charge for the installation of both the truck systems and the trailer systems. This fee will be dependent upon the number of features being utilized, obviously the more systems in use the greater the fee. Each system will also include a renewable three-year monitoring contract; there is also a penalty fee for any early cancellations of the contract. This is the same formula that we use for both the Folo Truck and Folo Trailer systems; keep in mind that although the trailer system is a lower price, many companies often have twice or three times the amount of trailers as trucks. Our trailer system also has major advantages over other systems; it does not require a direct hook-up to a power source at all times. Keep in mind that we own the data and the units are of no value to the companies without the monitoring. With this sales process we will have a constant revenue flow that will come to us on a monthly basis; we will also have periodic lump sum payments within 30 days of the installation of the units. This revenue model has been utilized by other technology-based companies very successfully in the past and we feel it is a very simple model for us to adopt. From this steady and predictable revenue model we can continue to fund our growth and our internal Research and Development efforts," said Mr. Huppé.
Furthermore, Mr. Huppé stated, "If you use a simple formula as a base case, you can see the potential for growth in our revenue model; for example for every 1000 trucks paying a $100 per month fee, you have $100,000 of revenue coming in for a minimum three-year period. Keep in mind our research and the industry data indicate that there are roughly one billion trucks in operation currently. We don't need a huge penetration of the market to have very significant revenue growth.
"Let me also remind you that we have also made a recent acquisition of Argo Navigation that will allow us to further penetrate the overall market by addressing the OEM market. This opens several new opportunities for our products and we are aggressively following up on a number of these in the next few weeks. We expect to be able to announce developments on this front in the next few weeks. We are confident of maximizing the benefits from this timely acquisition given the past sales performance of Argo Navigation. In their last fiscal year, Argo Navigation had sales in excess of $10 million USD," added Mr. Huppé.
"The acquisition is also an important piece for us as we continue our Research and Development for more applications of the technology. Keep in mind we have only been focusing on the trucking industry to date; as big as it is and as big as the OEM market is for trucking, the global car industry is exponentially bigger. Shareholders should also keep in mind that we have had high level meetings with various government officials both at international levels as well as regional levels. From this we have been introduced through the SAAQ, Societé de l'assurance automobile du Quebec, the provincial insurance organization to various police forces. These police forces are now interested in being provided the data that we collect so that they can automatically track stolen vehicles, respond to emergency situations in a more efficient manner, and have the ability to have more patrol in areas that are at high risk for accidents to occur. We have had our sales team investigate the potential for this market and have come up with preliminary data that in North America there are in excess of 100 million requests for this type of information and that these requests are paid for on a per request basis. We already own and control this data within our system and can provide it on a real time 24/7 demand basis," said Mr. Huppé.
In closing, Mr. Huppé concluded, "I suspect that we will become the industry standard in our field. We have been causing big waves because of our rapid pace of growth. We have received a significant number of calls from direct competitors and we have had the pleasure of holding preliminary talks with some parties. I fully expect that we may conclude a business combination with some of these parties. The only question on our side is a valuation given that we can foresee sales in our business plan of several hundred million."
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Contact:
Mr. Raphael Huppé
President
investor@ecnholding.com
1-514-940-7587
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Posted by: 14thPGA
In reply to: jimtash who wrote msg# 1307 Date:7/30/2007 10:51:26 AM
Post #of 1339
Well, I'm no expert on restricted shares, BUT, my experience so far has been a nightmare! A veteran penny stock trader since 1980, I have many! If you read the PAVC board, you will understand.
Firstly, you can absolutely sell your TEXG shares after the date of record of ownership (whenever that is), and your restricted shares should appear in your account. They would appear as a #00000000, not as a symbol, and no value will be assigned to them UNTIL the restriction is lifted. Depends on how long they are restricted also, but in any case you can't sell them until you complete Rule 144 with your broker (fee for $150 with Etrade to do this), and then you have to get a letter of authorization or something from the company (PAVC is charging $300.00 atty fees for this sweet feature, and you MUST use their attorney. You can't get an outside attorney to do it!!).
I got my PAVC restricted shares from my ownership of JPHC. It's not worth the money to go to all the trouble to do what I have to do to sell them!! PLUS, there was a reverse split, AND my restricted shares had to go through that also! BEWARE of things that sound to good to be true!
Again, I am no expert. This is just my experience. Most of my restricted shares have become worthless and all they do is clutter up my account. GLTU!
57
With the way that you are posting it leaves me with no doubt that your agenda was not to clean up the company but drive the price down to buy more stock is that true??? Because now you are pumping is that right???
The company has not turned the corner and this mess needs to be cleaned up, The pot has only been stirred. As you stated oil is still in the field , Audit wont be finished until the end of Sept. putting New Directors on the board. Complete the Management Team, and Getting the Inventory On Line, and make sure the Oil can Be Pick up in all kinds of weather. is this not true??? And what about that BUSINESS PLAN??? We have a long ways to go to make a viable Company. If we stick it out we will have a $20 Company.
Thanks.
Not behind us yet my friend!
I think we will be slow until Joe get the Audit posted. Secures production, and getting oil to market on time.
Joe has to earn the confidence of the shareholders again by doing the things they need to feel comfortable. Put a fully operating Board of Directors together that can build this company.
Hire management that can run the day to day operation, Some one that can get the job done, A take charge type of guy that can take the presser off of Joe.
Now Joe needs to make sure a business plan is put together to assure him self as well as the stockholders that BDGR will have longevity for all of our retirement.
On TV CNBC Transcendental meditation 100 or more were trying to move the DOW to 17000 before the end of the year.
DID you see the cc on MCCY ???
*******************
A little News TVCE TVC Telecom
1,955,000 Shares traded today.
Outstanding Shares
148,725,141
Short Interest
Date Short Interest % Change Avg. Daily Share Volume Days to Cover
Jul 25, 2007.... 0 ........-100.00 ....494,566 .........1.00
SHORTS ALL GONE time to buy
Jun 27, 2007 43,004 8,877.87 281,854 1.00
May 24, 2007 479 100.00 1,589,883 1.00
Mar 26, 2007 0 -100.00 111,734 1.00
Feb 27, 2007 19,782 100.00 2,123,890 1.00
Best Bid Best Ask Time of Last Inside Change
0.0009 (5000 shares) 0.0013 (5000 shares)
Cant fined I think one of the purveyors owner this one. what do you have on this???
bones Good job.
Now what will 10,000 oz. of Gold buy??? and EACH MONTH ???
and a financial statement of over $4 BILLION and ASETS WORTH over $4.5 Billion and what if we could increase or double Production ???
Paul I agree with your $15 and up you another $10 to $25 if everything the company has told us thus far is true> Plus to move to another Exchange can improve those numbers.
AURC a GOLD Co. in Russia is processing tailing piles and if they are managing cost down, The cost can be as low as $50 per oz.
What do you need? A crusher, loader and conveyors and two or three men to Heep Leach and the company claiming to be able to produce 10,000oz. of gold per month, then move production up from there.
HOW MUCH IS 10,000oz. of gold worth ??? or Year
Tell the Company NO to $.55 or hire new management, Remember you are the owners of this company.
GIVE EM HELL
HOW TO KEEP OIL PRICE UP
Ecuador Asking for $350 Million Not To Drill Oil
The President of Ecuador has come up with an unusual solution to preserve the environment.
He wants wealthy nations to pay Ecuador $350 million a year to leave an estimated 1 billion barrels of oil underground in the Yasuni rainforest.
Under pressure to preserve the environment while at the same time easing the poverty of his people, Ecuadorean President Rafael Correa has come up with this unusual solution. He says, "oil has brought us more bad than good, and we need to do something about it."
The proposal has environmentalists around the globe celebrating this first of its kind idea, but critics say the country relies on oil for half of its export revenues,
Please , can you show me where I can find that INFO
Thanks
If this is a real deal we let the Fox in the hen house and it looks like most of the stockholders on this board could care less.
CONECT THE DOTS
WHY? WHY?
Why are we being box in to a corner to except .55 when the value is obviously much more. To me it looks like management and insiders are taking over using our own Money.
At this time the choice is ours, If we don't push back we will be giving our money away to a bunch of crooks.
Tell me why would MANAGEMENT announced a $10,000,000 BOND after the PURCHASE OFFER was announced May 3rd,
I believe to pay us $.55 ,Can you prove me round???
SPECIAL BOARD MEETING
NEW YORK, NY--(MARKET WIRE)--Apr 19, 2007 -- Aurus Corp. (Other OTC:AURC.PK - News) announces that it has called upon the Board of the Company to a special meeting on April 24, 2007 to study the proposal made to purchase all the outstanding shares for an all cash consideration.
Financial Statement
NEW YORK, NY--(MARKET WIRE)--Mar 29, 2007 -- Aurus Corp. (Other OTC:AURC.PK - News) -- The directors are most pleased to announce that it has produced its audited financial statement for the year ending December 2006.
The statement certifies assets having a value of $4,020,191,806 for Zabaikalgeoprom and an additional $4,500,000,000 for the assets of Krong. It should be noted that according to Russian accounting practices, the assets of Zabaikalgeoprom are offset by the liabilities because these mineral assets have not yet been mined. This entry as a liability is not owed to any third party. [THIS WAS FOR 2006]
The mineral assets of Krong, again according to accounting practices, are not included in the financial statements because the minerals are out of the ground in the form of tailing's. Nevertheless there is a note (2.c) in the statements from the auditor that Krong has mineral assets totalling $4.5 billion.
Aurus Triples Gold Shipments
MONTREAL--(MARKET WIRE)--Feb 16, 2007 -- Aurus (Other OTC:AURC.PK - News) announced that its first shipment for February surpassed the amount shipped for the entire month of January. According to the Company, it has tripled the quantity shipped on a bi-monthly rate. On February 14, it had processed 2,300 ounces of 99.9% pure gold, which is an increase of 300% over last month's shipment of the same date.
Tell me the value of 2300 ounces of pure gold at $600 ???
The Company expects to continue to increase its gold deliveries on a month-to-month basis to approximately 10,000 ounces and whereafter it will increase production further with the receipt of the new equipment on order.
EARNINGS FOR 2007 AND ALL GOLD AND MENRALS ARE NOT INCLUDED
HOW MUCH PROOF DO WE NEED???
Mon, Apr 2, 2007
• Aurus Addresses Third Party Offer
Marketwire (Mon, Apr 2)
Thu, Mar 29, 2007
• Aurus Produces Financial Statement
Marketwire (Thu, Mar 29)
Wed, Mar 21, 2007
• Aurus Announces High Grade Findings
Marketwire (Wed, Mar 21)
Thu, Mar 15, 2007
• Aurus Proceeds With Dividend
Marketwire (Thu, Mar 15)
Fri, Feb 16, 2007
• Aurus Triples Gold Shipments
Marketwire (Fri, Feb 16)
Tue, Feb 13, 2007
• Aurus Signs Agreement With Auditors
Marketwire (Tue, Feb 13)
• Aurus Signs Agreement for Financing
Marketwire (Tue, Feb 13)
Mon, Feb 12, 2007
• Aurus Obtains Advantageous Financial Package
Marketwire (Mon, Feb 12)
• Aurus Takes Steps to Become Fully Reporting
Marketwire (Mon, Feb 12)
Q< LGL, regarding how they have treated us. Look at is this way. If they are real and honest with all these pr's, wouldnt you as an owner
ANS> My friend I am an OWNER.
Q< Remember they got the financials audited, put out pr's about production starting, put out a video, etc
ANS> That is there Job. They also have a fiduciary responsibility to protect the assets of the company and Not steal from the stockholder.
Q< many people still questioning if they are legit or not. Maybe they just though "screw it, the hell with you all, why put out more numbers of production, etc".
ANS> My friend you sound like you are the immature management.
I see where you are going with this! It is not new to me, But I would like bring attention to how we are being treated .
The company tells us the VALUE is something over $4 Billion and another $4.5 Billion in assets. At this stage they wont release more numbers on production, they all ready let out to much , they can only back track from here ,
Cost of production should be less then $150 per ounce But on tailing's should be much less .
also you can't price a Gold company the same as you would the corner store.
WHAT DO YOU THINK THIS COMPANY IS WORTH ???{/b]
PLEASE help me, SHOW ME WHAT I AM DOING WRONG.
*Updated at Market-Close via Auditor-Confirmation 04-05-2007*
--Total Outstanding: about 326 Mil
--------Restricted: about 100 Mil
--------Public Float 226 Mil
Outstanding Shares 326 mill X.55 =$179 000 000
Now the company said they will be producing 10,000 oz. of gold per month in the next few months, = $6,000,000 per month
X 12 = How much??? and we are giving this away for $179,000,000 for all of the SHARES THAT HAVE BEEN SOLD and OUTSTANDING, What is wrong with pitcher ??? IF WE ONLY NEED TO TALK ABOUT THE RESTRICTED SHARES then how much??? = $55,000,000
What is 10,000 ounces of gold worth today ???
WHY? WHY?
Why are we being box in to a corner to except .55 when the value is obviously much more. To me it looks like management and insiders are taking over using our own Money.
At this time the choice is ours, If we don't push back we will be giving our money away to a bunch of crooks.
Tell me why would MANAGEMENT announced a $10,000,000 BOND after the PURCHASE OFFER was announced May 3rd,
I believe to pay us $.55 ,Can you prove me round???
SPECIAL BOARD MEETING
NEW YORK, NY--(MARKET WIRE)--Apr 19, 2007 -- Aurus Corp. (Other OTC:AURC.PK - News) announces that it has called upon the Board of the Company to a special meeting on April 24, 2007 to study the proposal made to purchase all the outstanding shares for an all cash consideration.
Financial Statement
NEW YORK, NY--(MARKET WIRE)--Mar 29, 2007 -- Aurus Corp. (Other OTC:AURC.PK - News) -- The directors are most pleased to announce that it has produced its audited financial statement for the year ending December 2006.
The statement certifies assets having a value of $4,020,191,806 for Zabaikalgeoprom and an additional $4,500,000,000 for the assets of Krong. It should be noted that according to Russian accounting practices, the assets of Zabaikalgeoprom are offset by the liabilities because these mineral assets have not yet been mined. This entry as a liability is not owed to any third party. [THIS WAS FOR 2006]
The mineral assets of Krong, again according to accounting practices, are not included in the financial statements because the minerals are out of the ground in the form of tailing's. Nevertheless there is a note (2.c) in the statements from the auditor that Krong has mineral assets totalling $4.5 billion.
Aurus Triples Gold Shipments
MONTREAL--(MARKET WIRE)--Feb 16, 2007 -- Aurus (Other OTC:AURC.PK - News) announced that its first shipment for February surpassed the amount shipped for the entire month of January. According to the Company, it has tripled the quantity shipped on a bi-monthly rate. On February 14, it had processed 2,300 ounces of 99.9% pure gold, which is an increase of 300% over last month's shipment of the same date.
Tell me the value of 2300 ounces of pure gold at $600 ???
The Company expects to continue to increase its gold deliveries on a month-to-month basis to approximately 10,000 ounces and whereafter it will increase production further with the receipt of the new equipment on order.
EARNINGS FOR 2007 AND ALL GOLD AND MENRALS ARE NOT INCLUDED
HOW MUCH PROOF DO WE NEED???
Mon, Apr 2, 2007
• Aurus Addresses Third Party Offer
Marketwire (Mon, Apr 2)
Thu, Mar 29, 2007
• Aurus Produces Financial Statement
Marketwire (Thu, Mar 29)
Wed, Mar 21, 2007
• Aurus Announces High Grade Findings
Marketwire (Wed, Mar 21)
Thu, Mar 15, 2007
• Aurus Proceeds With Dividend
Marketwire (Thu, Mar 15)
Fri, Feb 16, 2007
• Aurus Triples Gold Shipments
Marketwire (Fri, Feb 16)
Tue, Feb 13, 2007
• Aurus Signs Agreement With Auditors
Marketwire (Tue, Feb 13)
• Aurus Signs Agreement for Financing
Marketwire (Tue, Feb 13)
Mon, Feb 12, 2007
• Aurus Obtains Advantageous Financial Package
Marketwire (Mon, Feb 12)
• Aurus Takes Steps to Become Fully Reporting
Marketwire (Mon, Feb 12)
Thu, Feb 8, 2007
• Aurus Announces an Important Addition to Its Board
Marketwire (Thu, Feb 8)
big pick is BKSD.
Remember the saying "buy when everyone is selling." Smart money is going to be stepping in this week while the market is down to pick up bargains.
I believe BKSD could be the biggest bargain on the market right now!!!
If you missed my chart on BKSD in my last email look at it again here: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=bksd&sid=0&o_symb=bksd&f....
BBKSD has the cleanest chart I have seen in a long time, and I believe the 3rd wave up is going to happen very soon. You can thank me later for this winner.
BKSD is in the telecom industry, and recently completed phase 1 of a Nortel converged voice, data, and wireless solution for the world famous Horseshoe bay Resort.
"We are excited about working with a world class resort and the continued implementation of a solution that will scale to meet their growth," says Mike Dance, President of Brookside. Brookside has been working with Horseshoe Bay CIO, Lyle Worthington, for the last year to design a complete converged IP based enterprise solution that would allow their existing sites to be networked as well as the new Jack Nicklaus Signature Golf Course, the airport and the corporate offices.
BKSD specializes in the fastest growing area of telecom. Just about all of our communications is now digital. Cable companies don't just provide TV service anymore, they provide Internet and phone service through one line.
BKSD is a certified Nortel Premium Advantage Partner, which means they have met or exceeded Nortel's highest standards. Did you know that it's Nortel equipment that runs most cellular phone networks.
BKSD not only designs infrastructure solutions, but deploys the technology, and can train administrators. BKSD specializes in all emerging technologies such as VoIP, unified messaging, data switching, Wi-Fi, call center design, network security, and video surveillance.
BKSD provides a single point of contact for technical assistance or on site support. The service is 24/7, 365 days a year!
BKSD's revenues is derived from professional services, installation and maintenance, but the interesting part is BKSD saves other companies money.
BKSD has been featured in numerous magazines, you can read one of the articles here: http://72.41.49.71/pdfFiles/brookside_nside_q105.pdf
BKSD is growing fast, they recently added to industry veterans to their team
Post From WOOGIE
It's impossible. AURC will issue more shares from AS (authorized shares) to prevent a hostile merge (Take over the management). So, If you want to buyout the company, you must go through a contract/legal procedure and buying the float is illegal in open market. IMO.
*****************
The shareholders could also get together as a group for a buy out of management etal. Also get an injunction to stop the shenanigans, If management wants $0.55 we can finance that out of production.
I think management is trying to buy Aurus with its own money. It is worth much more and I believe they are saving production to pay to you the stockholder. its your own money!
scully
Which Steven? is he on this board or one of the others?
and is he also a shaman also?
Hay Guys do we have enough shares in the float to take over this company and re-sell to the highest bidder or operate the company .it seams that the production is worth more than $0.55
Per share, What do you think ???
Hey guys , would you consider sending an email to Lanza? He asked for ideas in the last PR. He address was published at the end of the latest news release. Or, are you just trying to move the price of the stock, I am not clear as we all know that there are a lot of different agendas in this group of stockholders and posters?
That being said, if one wonders what my position is, I am not immediately concerned about the share price. What I would like is to see is a company built with a strong foundation, a company with solid credentials, not just from within, but as well in their written and spoken words.
Wouldn't we all like to see BD clean up all of the misinformation and have some strong footing going forward?
Things that I would like, but not limited to,
A: Publishing the Authorized Shares count
B: Publishing the Outstanding Share's
C: Publishing the Public Float
D: Publishing the Number of Restricted Shares
I have said it before and I will say it again, I want BD to be transparent in financials this includes an Audited Financial Statement with footnotes.
I want to know that when production numbers are published that it can be backed up with documented well receipts i.e., true clarity and no misunderstanding.
I want Lanza to take FULL RESPONSIBALITY for Black Dragon's current position and to stop passing the buck. He needs to acknowledge that he has full responsibility for everything that happen to Black Dragon, period.
I want to know that we are utilizing our assets to its fullest capability.
I would like to be assured, that we are moving as fast as possible by bring inventory wells online and with the highest production possible. However, I do not want, nor will I , or the shareholders accept lip service.
I want to see management installed that can take this company to the next level in its business cycle.