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Have have 2 concerns about using H2 and H20 as energy.
One is compared to amount of H2O used is it neutral or negative amount reproduced? Nothing more precious for life to exist than water
Two the Hindenburg, the automobile and a crash way to common of an occurrence.
Problem with Catbon Tax (or any taxes for that matter)
Who do you think are going to pay those taxes. The Carbon producing companies? No.
Bottom line the end consumer pays, you and I will be paying the taxes.
Learn from history. The cigarette producing companies are sued and are ordered by the government to pay out several hundred of millions of dollars in a settlement.
That same government that sued and says it cares about it's citizens then turns around allows the tobacco producers to pass those fines back on to the consumer.
Cigarettes go from 2.00 a pack to 10.00.
Who really is punished, not the producers.
The same will happen with a carbon tax. Only thing that will change is that you will be paying more for gases and fuel oil.
The producers profits wouldn't change.
konshe
Don't you that your being a little rude.
Still think it a fraud?
Increase shareholder value. Ha!
Management doesn't care about shareholders, just went though it's second reverse split.
Since last split
Pre split price 22.875 cents (or 9.10 post split)
Pre split high 38 cents (or 15.20 post split)
All management cares about is managements pockets.
You got to remember they are just getting started,
Once they get approval from the major insurance companies this will rise significantly.
Only have 5 running clinics, and average Joe is not going to be able to pay $27,000 dollars for the treatment.
Get a few hundred success stories under your belt. So the insurance companies how cost effective the treatment is, in no time you have several hundred clinics making tons of money.
Do yourself a favor, put the stock away, and only check for big news that will be coming down the pike.
IMHO Big news coming
1) Company buys product instead of licensing
2) Get FDA approval for the implant
3) Get approval for Opiates treatment
4) Get major insurances companies to cover the procedure
5) Set up more franchise areas
6) Those franchise area branching out within their territories
My guess 1 -2 years before major stock growth
Pre split price 25 cents (or 10.00 post split)
Pre split high 38 cents (or 15.20 post split)
Long way to go
And for longs this was the second 40 to 1 reverse split.
Thanks I needed that,
Come on tax man bring it on.
Whimper, whimper
Whoa is me, my oh my,
How much taxes will I have to pay when I finally sell in 2 years.
What is a man suppose to do?
I can feel the future pain starting to come on.
Future looks bright for MVTG
Today news on CO2
http://www.nytimes.com/2014/06/03/us/politics/obama-epa-rule-coal-carbon-pollution-power-plants.html?_r=0
Form 8-K for AMARILLO BIOSCIENCES INC
27-May-2014
Bankruptcy or Receivership
Item 1.03. Bankruptcy or Receivership
On May 20, 2014, the Honorable Robert L. Jones, United States Bankruptcy Judge, in the Court's Amarillo Division, 624 S. Polk, Suite 100, Amarillo, Texas 79101-2389, heard the evidence and arguments of counsel regarding confirmation of Debtor's Plan of Reorganization, filed February 21, 2014 ("the Plan") (Doc. No. 110). By order dated March 23, 2014 by Judge Jones, it was ordered that:
1. The Plan of Reorganization filed by the Debtor on February 21, 2014, is CONFIRMED.
2. Except for the new debts and obligations of Debtor provided for by the Plan, Debtor is discharged and released from all claims and debts in accordance with 11 U.S.C. ? 1141.
3. Except as otherwise provided in the Plan, the property dealt with by the Plan is free and clear of all claims and interests of creditors and equity security holders, and all property and assets of the Debtor shall vest in the reorganized debtor (in the Plan, "New ABI") which may thereafter operate its business free of any restrictions imposed by the Code.
4. Except as specifically provided by the Plan or any approved modification of or amendment to the Plan, ALL CREDITORS, INTEREST HOLDERS, AND OTHER PARTIES IN INTEREST ARE PERMANENTLY ENJOINED ON AND AFTER THE EFFECTIVE DATE OF THE PLAN OF REORGANIZATION FROM: (a) commencing or continuing in any manner any actions or other proceedings of any kind with respect to any pre-petition claim or interest against the Debtor, (b) enforcing, attaching, collecting or recovering by any manner or means any judgment, award, decree or Order against the Debtor or against property of the Debtor regarding any such claim or interest, (c) creating, perfecting, or enforcing any encumbrance of any kind against the Debtor or against property of the Debtor with respect to any such claim or interest, and (d) asserting any set off, right of subrogation, or recoupment of any kind against any obligation owing to the Debtor, with respect to any such claim or interest.
5. As of the Effective Date of the Plan, the Official Committee of Equity Security Holders ("the Committee") will be dissolved, and its members are discharged and released from any further duties as an official committee under the Code. No professional persons were retained by the Committee, so no fees or expenses are allowed for any Committee professionals.
6. The following persons have timely exercised election to be treated under Class 5 (Administrative Convenience):
? Joel Michalek
? Prelude Dynamics
? Chrystal Shelton
? Goldstar Protective Services
? Johnson & Sheldon, P.C.
? American Stock Transfer
7. Upon entry of this Order, the Debtor is authorized and directed to take all steps necessary and appropriate to implement the Plan without the need for further shareholder, director, or other corporate approvals or action, including without limitation, the issuance of new equity securities to the Yang Group and the implementation of the reverse stock split specified in the Plan.
8. The Second Interim Order Establishing Procedures for Certain Transfers of Debtor's Common Stock (Doc No. 138) remains in full force and effect through and until the Effective Date of the Plan, at which time it will terminate.
9. The 14-day stay of this Order imposed by Bankruptcy Rule 3020(e) 1 shall not apply, and this Order is effective upon entry. Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
AMARILLO BIOSCIENCES, INC.
Date: May 27, 2014 By: /s/ Stephen T. Chen Stephen T. Chen, Chairman of the Board, and Chief Executive Officer
1 Or Bankruptcy Rule 6004(h) or (d), as applicable.
Shouldn't they be applying for a higher exchange soon.
Will be produce this summer Fluff. (just a dream)
Is in production on shelves. Substance. (Real)
There has not been any real news of substance here in a long time other than the acquisition of Diamond.
Everything else has been fluff.
I very interesting article in today's NY Times.
It might set up MVTG for an explosive year.
http://www.nytimes.com/2014/05/22/us/politics/tom-steyer-hopes-nextgen-climate-gets-voters-to-consider-environment.html?hp&_r=0
Please provide the link.
but on the other hand there is zero evidence they weren't
Just because a drug is not "officially " approve for opiate dependents it doesn't mean the doctor can not use it for it.
There are many drugs that are used for treatments that they are not approved for. Examples Amitriptyline, an antidressant, has a common off label (not FDA approved) use as treatment of nerve pain.
Gabapentin, use to treat seizures, also has an off label use as treatment of nerve pain.
Only problem, when used off label it is sometimes hard to get insurances to pay for it.
They warn you about pennies not because they are frauds but because they are speculative and come with a high risk of succeeding.
Lose because they fail you lose take your loses and move on.. When you lose because of fraud, and someone walks away with 52 million dollars that should be recovered whole different ballgame.
Actually if the US government (SEC) have they JOB they should known that Metter had been scamming Investors for decades before he scammed the Spongetech shareholders, and watching his dealings more closely.
They keep a watchful eye on former sex offenders, don't they. No reason they shouldn't keep an eye former stock scamers.
Flaflyerfan; So let me get this straight the US Government was lead to believe that SPNG was a legit company, but the average Joe on the street was to know before be purchased it was a scam.
You can't have it both ways.
Flaflyersfan:
alien
With live in the age of computers there is absolutely no reason that every share issued can not be tracked.
Problem is the government for allowing it to happen.
You cot to remember they are just getting started,
Once they get approval from the major insurance companies this will rise significantly.
Only have 5 running clinics, and average Joe is not going to be able to pay $27,000 dollars for the treatment.
Get a few hundred success stories under your belt. So the insurance companies how cost effective the treatment is, in no time you have several hundred clinics making tons of money.
Do yourself a favor, put the stock away, and only check for big news that will be coming down the pike.
IMHO Big news coming
1) Company buys product instead of licensing
2) Get FDA approval for the implant
3) Get approval for Opiates treatment
4) Get major insurances companies to cover the procedure
5) Set up more franchise areas
6) Those franchise area branching out within their territories
My guess 1 -2 years before major stock growth
Flaflyersfan,
I was one of the lucky one's in this stock. I made a profit. Not a large profit but a profit. Still holding 370,000 free locked shares.
I have been reading the post on this board for several years and jump in occasionally what bothers me here is how many posters have lynch mob mentality. (Ex. We caught the bank robbers that stole your money. We hanged them. Where is our money. Oh don't worry about that we hanged them.)
Why be so hostile because certain shareholders feel they may be more to this story than what been told.
There is 52 millions dollars (per SEC) that is unaccounted for yet certain posters don't care. There is 15 to 20 million in taxes owed to the US government but certain poster don't care.
Their feeling: The SEC/DOJ will hang them don't worry about the money. Be happy their going to be hanged.
Back to your question "Why would people who bought Spongetech stock high and never sold it think they are owed something because of that act? ".
Example one. Your playing cards, cards don't fall your way, you lose, you hate to lose your money but hey that's cards, you get them next time.
Example two, Your playing cards, you lose the same amount of money, but this time you catch the house cheating. Do you feel the same way about your lost. I know I wouldn't. I would want to make the house pay not to only for it's crime but also return my money.
The problem for some here, the fact that the company is destroyed, by what many feel is over acting justice. There are countless OTC companies that have done far worst yet the SEC allows them to still freely sell their stock. But the biggest slap in the face is that the product and name lives on and is productive. Maybe not at a high level as hyped but surviving.
I like many feel fair justice was not served. Instead of destroying the company, They should have the company retain it's assets, remove the criminals, go though Chapter 11 if need be and see what raises out from the ashes. Track down the ill gotten gains. Pay the creditors, fines, fees, and give back some to the company.
I consider what stock I have left as lost money. But I will support those who want to see this play out to the end. The end being recovering the lost money.
Are they chasing windmills, probably. But it's their time money and energy. Why do so many care that they are putting in the effort. Is it any skin off their noses?
Hope this answers your question?
Good Luck in all your tradings
Ok puppy I play your way.
How much do you think M&M and gang pocketed in this scam?
Let say for discussion sake M&M and gang sold 2 billion shares illegally, at an average price of 5 cents. That's 100 million dollars even at an average of 2 cents a share that's 40 million dollars. That just doesn't sound like peanuts to me. ( and aren't you one of those who actually thought it was more like 5 billion illegal shares).
You list "SEC was involved, FINRA was involved The US bankruptcy court was also involved" Where is the IRS in all this. There is a lot of tax money due the US government. I think it would be worth their while to put a couple of agents on this case.
Heck, the IRS are adding 1500 agents to collect the 100 dollar fine for not getting health insurance under Obamacare.
Does not answer the question where is the money?
Why nobody in the government seems to care?
The "stuckholders" as you call them are only saying, The government has those responsible for the crime, they have all their records and list of all their illegal transaction yet they can't seem to find any of the ill gotten gains.
Want to make an impact with this stock.
Start writing and educating the reporters who cover the white house and have them bring up MVTG the next time the president talks about reducing CO2and alternate energy.
Also educate your congressman, especially those who are running on platforms supporting reduction of green house gases and alternate energy. These people live in your neighborhood and are easy excessible,
They are the ones that will direct the country on what path to follow to solve these problems.
Many brillant solutions are left behind because the powers that be never knew of their existence.
Search out those political leaders who will be our champion.
According to many here the all the crooks have been caught and living in the USA.
So where is the money?
LOL Really puppy only so far.
"It will be up to the share holders to funds any law suits and any discovery."
WRONG, how much of those ill gotten gains have major tax money due for those who profited. It is the governments responsibility to track down the money, and make sure all proper taxes are collected.
You yourself said the M & M boys and the inside group are the only one's guilty. So it is the RESPONSIBILITY of the government to not only punish them for they action but to collect the unpaid taxes owned the American people for their profits.
Yet, no government agency seems to care about that.
Strange don't you think? Ever see what they do if you owe them a measly $10,000. I would think they would be very aggressive to collect 15 to 20 million in taxes owed.
But they are not. Why?
Hands in the cookie jar maybe?
My advice support those who seek the truth.
If you truly seek justice than you would want this question answered.
Who has the money?
Until they are brought to justice and pay their PROPER dues (not only ill gotten gains returned and taxes owed paid) this story will remain open.
The jury out on that yet.
Any what about DiCon? Major questions there.
The exemption to "bona fide purchaser for value" would be if the purchasing parties were participation to the fraud, which allowed them to purchase the property.
Isn't that correct?
puppy
The SEC/DOJ have the the SPNG insiders and their gang of crooks in hand, they have their records, what they don't have is the money.
Somebody some where has the money, the story not over til the money is found.
You say "This is just another scam .. nailed by the SEC/DOJ and all parties have pleaded guilty", Yet not one of them coughed up the money.
You don't find that odd. An open and shut case. All guilty parties accounted for yet not one illegal dollar accounted for.
Sound like there is more left to the story to me.
Just for the sake of discussion:
Let say the SEC was found to have acted in haste over it's actions against SPNG.
While the M&M boys might have been part of the reason of the company demise, it is later proven that parties not connected to the company also had a hand in flooding the market with illegal shares.
The SEC is later found to have forced the company into selling off it assets and forcing it in chapter 7 a little prematurely. It is also later found that the SEC failed to follow due process of law in making it's decision.
It would then be possible to have those sale of the assets reversed and returned to the company.
While there are many here who will just say this is ridiculous, the SEC did it job the systems works. There is no proof of any naked shorting.
Let's not forget how many individuals have been convicted of crimes, imprisoned for years, only to find they were wrongly accuse by the system.
Let's not forget this is the government that told a nation that it was a video that cause the attack on Benghazi.
Let's not forget this is the government that allowed millions to lose their homes, while saving AIG and Bears & Stearns and still allowed those CEO to take billions in bonuses, while the average home owner was ousted out of their homes.
Myself, I haven't got the foggiest idea, but I do believe when it comes to money anything is possible. Family members have killed each other over money. Spouses killed spouses over money. People of influence have killed people of less influence over money.
Over 52 million is out there some where. Is it that far fetch to believe that the way this situation has been handle seems a little bit strange?
It's very possible to say M&M did it all, and maybe they did, but then again maybe they didn't.
Those that are saying more to the story, keep fighting the good fight,
Until they find the money there is more to this story.
I have to disagree with you on this point "But it will take MVTG firing on all cylinders to exceed $10/share in the next 24 months."
If the the pilot plant is operational before 4th quarter and proves to not only be cost effective but also profitable, IMHO I believe
you will over 10 dollars a share by this time next year.
The biggest huddle in my opinion is being more cost effective that sequestering CO2. If this one thing achieved future projections of the company (which wall street places valuation) will have be several billions.
As I stated before the Carbon Tax is coming, that with the cost of sequestering put a double negative on a companies bottom line.
Combining near zero CO2 emissions (no Carbon Tax) and a profitable byproduct, you have now turned a double negative to a double positive on the company's bottom line. The process will sell itself.
The fuel cell in the market place is a few years down the road, but the CO2 conversion is almost here. I believe that will be enough to propel MVTG passed 10 dollars a share alone.
Less than 18 weeks and counting.
Tick tick tick.
Has any one heard anything about the Eastbridge side of the company?
What happen to all those companies and dividends they has in the works?
All this bickering back and forth, pros vs cons what a waste of energy.
Bottom line they now have the money to build it and once they build the big money will come.
19 weeks and counting.
Tick tick tick
I totally agree.
They want the share price up so they can get listed on a higher exchange.
This use to be a NASDAQ stock when they were partner with Novo Nordisk with the inhaled insulin program.
When that fell thru stock price tumbled, they tried to save the stock and did a reverse split.
After the split with no major partner or product on the immediate horizon the stock prie continued to fall and they were placed on the OTC.
No disrespect pogyman but I think SLTD has already shown you.
CEO has shown that he is a man of his word. Last year he said he was going to make an acquisition. He kept his word and made a acquisition. Not just a on paper company acquisition but one that working, growing and is profitable.
At this point, CEO says panels are coming soon, there is no reason to doubt that he believe that the panels will be marketable soon.
Can problems happen? Sure.
But by what the CEO has SHOWN so far there is nothing to believe they will not.