Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Send me a hundred dollars each and I'll start a Homeless FASC Investor fund.....
I'm beginning to wonder if they'll drill before Thanksgiving. If the 4-D work shows a problem, will they have to 4-D another area and permit that also? Will the 4-D guys still be available or will they move on?? Hope AMEP didn't bite off more than they can chew....
Picture of a frac job...as you can see, it is highly specialized equipment. I don't know of any oil company in the world that uses their own equipment. Haliburton is probably the largest oilfield service company that does that kind of work and have ship/barge-mounted equipment for off shore.
LOL!!! eom.
OT: Waitedg, well I just thought all boards could be like The Hermit where we all voice our findings on recommended stocks both good and bad and posters use the info rather than attack each other. May be the best board on IHub because it's not overwhelmed with posters and we cover stocks of all price ranges. You had some good posts on IDCO and I think others helped you out with it.....
TRCPA, do you maintain a list of negatives about FASC??? I think that could be very helpful to Newbies that want to make an educated decision about buying FASC....maybe the list could be included with the board info above.
ctb, are you saying the dilution has stopped? I don't see anything in Hawk's DD that says the dilution has stopped, and his DD doesn't say how the rig and preparation expenses are being paid for. I think you will learn some valuable lessons on this stock, because I doubt you have a clue on how the traders play this and how many OTC companies use shareholders to fund their operations and pay their salaries so they can pocket the revenues, if any. Next filing is out this month unless they delay it so more shares can be dumped without anyone knowing....gagged transfer agent of course...any guesses for the new OS?? Don't trust anyone's DD that doesn't show any negatives on a company, and all have them, even the Blue Chips....
ctb, different "Jagman" on that board, I don't know anything about CNES or Allstocks site, but CNES looks like a POS too at first glance. 300 million shares isn't the point, continual printing of shares is the point...$40,000 revs is high?? You must actually think the investees rev money will reach AMEP, LOL!!!! I can show you an OTC company with about 7 million shares OS and pays about a 7% cash dividend yearly at just over a buck per share. 300 million is a lot of shares compared to many small cap Nas/Amex stocks with under 20 million shares and no dilution.
ctb, AMEP printed about 126 million shares from August 2004 to August 2005 is that not "up the kazoo" on your world???
From last year's 10Q: August 13, 2004: 198,621,144 shares.
Sam, looks like a steel frame and tarp/plastic covering to me...top picture of the KDS...
http://www.webhead.com/marketsmart/FASC_biomass.pdf
TR, buy a chit load, it's your kinda company!!!
OIL.TO Nice move off a cup/handle formation...
Platina, couldn't access that link, but is this the info you are looking for? It's a week behind though unless they update it by Monday...
This site uses Baker-Hughes as the source....
http://www.wtrg.com/rotaryrigs.html#Weekly
How far does the rig have to move?? Will they have to gas up on the way and maybe camp out a couple of nights??? What was all that crap about needing rain??? Any one figure out yet how the rig was paid for???
Is that tent the FASC testing facility??? Does it have a bathroom?? Do they shut down when it's freezing??? Does MARKETSMART have a list of successful companies that show a profit???
3D Seismic Study....what do they cost, a couple of hundred bucks??? Will they run out of shares soon??? Nine trucks to haul the rig.....were they part of the rig deal or is that sub-contracted??? Will Bitters lead the convoy with the water truck or the backhoe????
Sam....do you want me to stop in Vegas and pick you up???
We can check the OS while I'm there.....
Probably because AMEP has a habit of missing their time frames.... One they won't miss is $1 pps when Hell freezes over, IMO....
Have those floodgates opened yet, Terry???
Have those floodgates opened yet, Terry???
Sam, boy you rich FASC holders sure have money to throw around!! LOL!!!
That's the big problem with BIPH, nothing has changed except the price. Continuing fluffies and no meat and the pps will head even lower.....two years from now and "nothing has changed except the price"...LOL!!
beigledog, ADOT sued posters for screwing with their pump and dump and PR'ed it...total POS company and the SEC did nothing even though lots of shareholders said they filed complaints. I don't know what the results of the suits were, one poster apologized on the RB board to avoid being sued (lawyer requirement) even though he was right, IMO...
Looks like the RB kindergarten class is on a field trip to IHub!!!! LOLOLOLOLOL!!!!!
Check out this Motley Fool stock screener....it's based on the "Fool" criteria of growth and fundamentals. An example, in June 2003 that screener had UPL at $6.28....it's now $54.45....
I maintain a Yahoo watch list on stocks picked from that screener....kinda hit and miss when I check it....
http://www.quicken.com/investments/strategyexperts/?strongpicks=fool
Sam, since you seem to have acquired a good email relationship, ask Sherry at Prince George who is providing the equipment liability insurance during the on-site testing. Maybe FASC is getting a per-job policy???? Or are Canadian rquirements different than the USA???
techisbest, I doubt chop-chop at 60 times a minute is applicable to something spinning at Mach 2......besides, how would you maintain an "edge" on the bars, my lawn mower blade stays sharp for about 5 minutes!!!!! LOL!!!
Interesting PR, IDWD: IDS Worldwide, Inc. Addresses Certain Misleading Online Postings on Internet Message Boards
Wednesday November 2, 12:43 pm ET
IDS Announces Posting of CTO Award on IDS Website
ORLANDO, FL--(MARKET WIRE)--Nov 2, 2005 -- IDS Worldwide, Inc. (OTC BB:IDWD.OB - News) today announced that in response to several misleading message posts on fringe Internet stock message board sites that IDS' recent press release of an award to IDS CTO Yasar Khawar did not occur, IDS has posted a scanned copy of the picture of the award ceremony, and a copy of the award itself is posted on the corporate website news section.
Another prime example of misleading message posts, IDS has been informed that numerous times on the Internet there have been misleading messages posted, trying to convince investors that IDS is only a "mail drop," that are patently false. These posts went so far as to say they had "visited" IDS' address and that the company did not exist. IDS has been at the same office facility for years and occupies the major portion of the top floor of the SunTrust Bank building. The building operates a mailroom and overnight delivery service in Suite 100 of the 2nd floor of the building. Suite 100 is on the 2nd floor of the building where, had anyone visited, the receptionist would have informed them of our location on the 3rd floor, where we have been for years.
IDS also maintains, and has for years, a 32,000-sq.-ft. headquarters overseas, which it fully owns. IDS further will post pertinent investor information on a new section of the company's website at http://www.ids-worldwide.com to inform investors first hand on updates of various projects. This will occur next week following the overseas holiday of Eid, which started today and runs till Sunday.
IDS has experienced some vendor delays in getting all of the new equipment online at the data center, which is not uncommon in technology hardware deliveries. IDS hopes to have the last of this equipment installed this week and the upgraded 995ad.com loaded, including the feed under our Edmunds.com agreement soon thereafter. IDS technical teams worked today to resolve the final technical links to launch the Travel Section with the live feeds for the 70,000 hotels and resorts worldwide.
IDS further assures its stockholders that again, contrary to certain online postings on fringe stock information message boards, the special dividend is going forward and the audit overseas needed have been completed and the stock recall is continuing. The HLS buyout involves several closing requirements such as new contracts that have been achieved, security shipments in transit, and additional shipments received yesterday from Tyco division DSC at the Orlando warehouse facilities. These warehouse facilities also hold thousands of units of product under the NML contract whose infomercial is in the final stages of editing and preparing for relaunch on national TV; this is another example of timetables that were of no control to IDS. IDS will hold a Board meeting in the near future to try and finalize the ex-dividend date after all reports from tax and legal counsel.
Finally, IDS advises investors to look to the new section on IDS' website beginning next week that will have real updates that do not appear on these online message board sites as a real source of information. IDS will also have scanned copies of contracts for review regarding leases, contracts and other updates so investors will be able to see for themselves the real progress of the company.
For further information: http://www.ids-worldwide.com and http://www.995ad.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
Contact:
Contact:
IDS Worldwide, Inc., Orlando
info@ids-worldwide.com
--------------------------------------------------------------------------------
Source: IDS Worldwide, Inc.
Oil Prices Hover Near $60 a Barrel
Thursday November 3, 5:12 am ET
By Christopher Torchia, Associated Press Writer
Oil Prices Hover Near $60 a Barrel After U.S. Report Shows Rising Supplies of Oil and Gasoline
"The U.S. Minerals Management Service said Wednesday that 64 percent of daily oil production and 50 percent of natural gas production in the Gulf of Mexico remained off-line, slightly lower than Tuesday."
VIENNA, Austria (AP) -- Crude prices held near $60 a barrel Thursday after the U.S. government released data that showed rising supplies of oil and gasoline, but hinted that gasoline demand could soon rise.
Relatively mild temperatures in the U.S. Northeast and recovering refinery capacities also helped contain prices, even though they rose slightly.
Light, sweet crude for December delivery gained 37 cents to $60.12 a barrel in electronic trading on the New York Mercantile Exchange. Heating oil gained more than a penny to $1.7986 a gallon, while gasoline was up just over a cent to $1.5800.
Natural gas was up more than 12 cents to fetch $11.730 per 1,000 cubic feet.
December Brent crude futures on London's ICE Futures exchange -- formerly the International Petroleum Exchange -- rose 27 cents to $58.65 a barrel.
In its weekly petroleum supply report, the U.S. Energy Information Administration said Wednesday that U.S. crude inventories rose by 2.7 million barrels last week to 319.1 million barrels, or 12 percent above year-ago levels. Gasoline inventories grew by 1 million barrels to 196.9 million barrels, or 3 percent below year-earlier levels.
The EIA data also showed that average daily gasoline demand over the past four weeks was 1.7 percent below year-ago levels. However, the gap is narrowing because consumption has been rising week to week since the start of October.
Oil prices fell below $60 a barrel for the first time in more than three months on Monday due to warm weather in parts of the U.S. that dampened demand for home heating fuels such as natural gas and heating oil. Crude futures are about 15 percent below their Aug. 30 peak of $70.85.
"Current mild temperatures in the U.S. Northeast are melting heating oil supply worries for the time being," said PVM Oil Associates in Vienna. "With refining capacity steadily increasing ... supplies currently seem to be sufficient to cover demand in the cold months, assuming there are no further outages."
Gasoline futures are sharply below their late August peak due to the recovery of refinery operations along the Gulf coast in the aftermath of hurricanes Katrina and Rita. Only one refinery, BP PLC's 437,000-barrel-per-day plant in Texas City, Texas, remains shut. Six others in Texas and Louisiana are running at reduced rates, according to the Energy Department.
Still, analysts remain concerned that U.S. output of oil and natural gas remains constrained by hurricane-related damage to platforms and pipelines. The U.S. Minerals Management Service said Wednesday that 64 percent of daily oil production and 50 percent of natural gas production in the Gulf of Mexico remained off-line, slightly lower than Tuesday.
Associated Press Writer Christopher Torchia in Singapore contributed to this report.
Oil & Gas have dropped off their highs, and stocks also dropped back some. BUT, the sector is showing real strength probably due to the blowout earnings being reported. Watching the daily price of O & G pulling back, but the sector is in the green. I think oil at $50 or above and gas above $10 will keep the sector strong. I also think most of the companies are still using $40 oil in their projections. Check the five day chart.....
More DD: Issuances of Preferred Stock:
On January 5, 2004, The Board of Directors approved the issuance of up to 4,000,000 shares of designated Series A preferred stock. Under the terms of the designation, these Series A shares are not entitled to dividends. The shares are convertible, at the option of the holder, into three times as many common shares as Series A, preferred that are held. There are no liquidation rights or preferences to Series A, preferred stock holders as compared to any other class of stock. These shares are non-voting, however, the holders, as a class may elect two directors. In February 2004, the Company announced the addition of two new outside directors to the Board of Directors as previously authorized.
On January 5, 2004, the Board of Directors approved the issuance of 3,500,000 of the 4,000,000 designated Series A preferred stock in exchange for the conversion of $464,005 of indebtedness owed to the Company’s president of the Company. The $464,005 indebtedness comprised the entire $52,510 of loan payable - related party and $411,495 of Note Payable - related party balances as recorded at December 31, 2003 (See Note 5 - Debt). The $411,495 note indebtedness had been acquired by the president in a private transaction from a former officer. In connection with the forgiveness of the note principal, the Company’s president forgave the related accrued interest totaling $64,527 in a separate transaction on the same date. As a result, the Company has treated this as a contribution of capital at the date of debt forgiveness by recording additional paid in capital.
In accordance with APB 26, paragraph 20 and Practice Alert Bulletin 2000-1, the Company has evaluated that the $480,995 excess of the value of the preferred stock, which was computed based on the conversion ratio and quoted trade price of the common stock on the settlement date, over the debt qualified as compensation expense and was recorded as such as of June 30, 2004 with an offset to additional paid-in capital. Due to the valuation method of the preferred stock, there was no remaining value for a beneficial conversion feature.
On January 5, 2004, the Board approved the issuance of the remaining 500,000 shares of Series A preferred stock to three consultants for services performed in relation to the filing for the Company to become a Business Development Company as discussed previously. The 500,000 shares were issued as follows: 200,000 shares to one consultant for consulting services rendered, 200,000 shares to one consultant for consulting services rendered and 100,000 shares to one attorney for legal services rendered.
In accordance with FAS 123, the Company has valued the preferred stock, based on the conversion rate and quoted trade price of the common stock on the grant date, at $135,000 which was recorded in operations for the year ended December 31, 2004 with an offset to additional paid-in capital. Due to the valuation method of the preferred stock, there was no remaining value for a beneficial conversion feature.
-25-
--------------------------------------------------------------------------------
From the last filing....
Another piece of DD: "The Company has included $59,796 of unpaid Federal payroll taxes and employee withholdings and related penalties and interest in its accrued expenses as of June 30, 2005. Such amounts are subject to potential federal tax liens." Funny how most of the DD posted misses these "little" things....
$6 million in revs last year?? AMEP reported about $40,000 in revs and over $5 million in losses in 2004....so how many billions do the investees have to make before AMEP shows anything on the bottom line??? AMEP shareholders will never see chit, IMO....but nice of the shareholders to buy a rig for the investee.....
Someone give me a 100 shares so I can call the Transfer Agent!!
Who do I ask for?????
TRCPA, the Japanese are also very good at international trade negotiations and will put on a "good face" with countries like Canada. "We'll license with FASC and you buy a million more Toyotas, yes???"... LOL!!!
TR, no buy out, just foreign, "in-the-know" individuals...you know how the Asians love to gamble!!!!! LOL!
Time Warner Raises Buyback to $12.5B.....FASC next?????
chambers...no more employees...too much dilution with bonuses.
TWX beats and increases buyback: Time Warner Raises Buyback to $12.5B
Wednesday November 2, 6:33 am ET
Time Warner Raises Buyback to $12.5 Billion, Posts Higher Third-Quarter Profit
NEW YORK (AP) -- Time Warner Inc., the world's largest media company, reported sharply higher third-quarter earnings Wednesday and raised its stock repurchase program to $12.5 billion from $5 billion in an effort to meet shareholder demands to lift its slumping stock price.
The New York-based company, whose properties include the Warner Bros. studio, HBO, CNN, a major cable TV company and Time magazine, posted net earnings of $897 million versus $499 million in the same period a year ago.
Per-share earnings came in at 19 cents compared with 11 cents a year ago. Analysts polled by Thomson Financial were expecting a profit of 17 cents per share.
Revenues rose 6.1 percent to $10.54 billion from $9.94 billion.
At the same time, the company also announced that its board of directors had approved an increase in its share buyback program to $12.5 billion over the next 21 months, up from the previous level of $5 billion.
Shareholders have been clamoring for Time Warner to take steps to lift its moribund share price, which is still about 75 percent below the levels it saw prior to its agreeing to be bought in early 2000 by AOL.
The third-quarter gains were driven by strong showings in cable TV, which benefited from customers signing up for more premium services like high-speed Internet and digital phone, and cable networks, which had gains from the syndication of HBO's "Sex and the City" and advertising gains.
http://www.timewarner.com
DOR, 29 cents, good news or just dilution? DOR BioPharma Executes Letter of Intent for Acquisition of Gastrotech Pharma
Wednesday November 2, 6:00 am ET
Acquisition Bolsters Biotherapeutics Pipeline
MIAMI--(BUSINESS WIRE)--Nov. 2, 2005--DOR BioPharma, Inc. (AMEX: DOR - News; "DOR" or the "Company"), announced today that it has signed a binding letter of intent to acquire Gastrotech Pharma A/S ("Gastrotech"), a private Danish biotechnology company based in Copenhagen, Denmark. Gastrotech develops therapeutics based on peptide hormones to treat cancer and gastrointestinal (GI) diseases and conditions. Gastrotech was founded on technology developed at the Sahlgrenska University Hospital in Sweden which is known as the development cradle of Growth Hormone and IGF-1 research.
Full PR....
http://biz.yahoo.com/bw/051102/25358.html?.v=1