Everything I say is in my opinion, do your own DD and make your decision wisely! Don't spend more then you can afford to lose, OTC's are Cruel at Best
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It's FRIDAY....SHORT FRIDAY!
Reverse Merger and What it means!
In a reverse takeover, shareholders of the private company purchase control of the public shell company and then merge it with the private company. The publicly traded corporation is called a "shell" since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks. If the shell is an SEC-registered company, the private company does not go through an expensive and time-consuming review with state and federal regulators because this process was completed beforehand with the public company.
The transaction involves the private and shell company exchanging information on each other, negotiating the merger terms, and signing a share exchange agreement. At the closing, the shell company issues a substantial majority of its shares and board control to the shareholders of the private company. The private company's shareholders pay for the shell company by contributing their shares in the private company to the shell company that they now control. This share exchange and change of control completes the reverse takeover, transforming the formerly privately held company into a publicly held company.
[edit] Benefits
The advantages of public trading status include the possibility of commanding a higher price for a later offering of the company's securities. Going public through a reverse takeover allows a privately held company to become publicly held at a lesser cost, and with less stock dilution than through an initial public offering (IPO). While the process of going public and raising capital is combined in an IPO, in a reverse takeover, these two functions are separate. A company can go public without raising additional capital. Separating these two functions greatly simplifies the process.
In addition, a reverse takeover is less susceptible to market conditions. Conventional IPOs are risky for companies to undertake because the deal relies on market conditions, over which senior management has little control. If the market is off, the underwriter may pull the offering. The market also does not need to plunge wholesale. If a company in registration participates in an industry that's making unfavorable headlines, investors may shy away from the deal. In a reverse takeover, since the deal rests solely between those controlling the public and private companies, market conditions have little bearing on the situation.
The process for a conventional IPO can last for a year or more. When a company transitions from an entrepreneurial venture to a public company fit for outside ownership, how time is spent by strategic managers can be beneficial or detrimental. Time spent in meetings and drafting sessions related to an IPO can have a disastrous effect on the growth upon which the offering is predicated, and may even nullify it. In addition, during the many months it takes to put an IPO together, market conditions can deteriorate, making the completion of an IPO unfavorable. By contrast, a reverse takeover can be completed in as little as thirty days.
[edit] Drawbacks
Reverse takeovers always come with some history, and some shareholders. Sometimes this history can be bad, and manifest itself in the form of currently sloppy records, pending lawsuits and other unforeseen liabilities. Additionally, these shells may sometimes come with angry or deceitful shareholders who are anxious to "dump" their stock at the first chance they get. One way the acquiring or surviving company can safeguard against the "dump" after the takeover is consummated, is by requiring a lock-up on the shares owned by the group they are purchasing the public shell from. Other shareholders that have held stock as investors in the company being acquired pose no threat in a dump scenario because the number of shares they hold is not significant and, unfortunately for them, they are likely to have the number of shares they own reduced by a reverse stock split that is not an uncommon part of a reverse takeover. Possibly the biggest caveat is that most CEO's are naive and inexperienced in the world of publicly traded companies, unless they have past experience as an officer or director of a public company.
A major disadvantage of going public via a reverse merger is that such transactions only introduce liquidity to a previously private stock if there is bona fide public interest in the company.
[edit] Future financing
The greater number of financing options available to publicly held companies is a primary reason to undergo a reverse takeover. These financing options include:
The issuance of additional stock in a secondary offering
An exercise of warrants, where stockholders have the right to purchase additional shares in a company at predetermined prices. When many shareholders with warrants exercise their option to purchase additional shares, the company receives an infusion of capital.
Other investors are more likely to invest in a company via a private offering of stock when a mechanism to sell their stock is in place should the company be successful.
In addition, the now-publicly held company obtains the benefits of public trading of its securities:
Increased liquidity of company stock
Higher company valuation due to a higher share price
Greater access to capital markets
Ability to acquire other companies through stock transactions
Ability to use stock incentive plans to attract and retain employees
[edit]
Hmmmm Quiet in here!
Wow LOOK AT THAT!
EOD CLOSE......0049
DILUTION DILUTION
We gave up TOTAL CONTROL.....FEW IMPATIENT SELLERS!
We will be lucky to stay GREEN!!!!! Trending DOWN BADLY!
Sorry all the excitement, didn't think you could see me!
VRRRRROOOOOOOOOOOOOOOOOOOMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM, VRRRRRRRROOOOOOOOOOOOOOOOOOOOOOOMMMMMMMMMMMMMMMMMMMMMM, CHUGGA CHUGGA CHOO CHOOOOOOOOOOOOOOOOOOOOOOOOO, BABY!
PYBX MOON SHOT TODAY.......0041.......PENNYLAND EXPRESS LEAVES SOON, HOP ON!
Let's Go PYBX NEW HIGHS ARE STRAIGHT AHEAD>>>NEW INVESTORS DON'T HESITATE TOO LONG PENNYLAND EXPRESS IS ABOUT TO LEAVE.....CHOOOOOOOOO CHHHOOOOOOOOOOOOOOOOOOO(through those resistances)HAHA LETS ROLLLLLLLLLLL!
wow wow where we heading
BUY BUY BUY SLAP DA ASK DON"T ASK QUESTIONS......TIME IS RUNNING OUT HUGE BOUNCE IN PLACE!!!!
HOP ON THE TRAIN TO PENNYLAND ASAP!
i just grabbed another 250000.....
Here we go boys PENNYLAND!!!!!!!
Barchart says we mudst get through .0038 then .0044 and away we go!
cpl mill and holding//\\......thanks
Explain what is happening
Why is there no bid with 40000000000000gazzillion shares traded wtf
I WAS FILLED
GM everyone..........ICOA GOES GREEN BABY!
BREAKING NEWS!
Blue Diamond Completes Final Huerfano Wind Study to Satisfy Project Financing Requirements; Data Shows Very Strong Class 5 Winds
Date : 09/27/2010 @ 8:35AM
Source : MarketWire
Stock : Blue Diamond Ventures, Inc. (BLDV)
Quote : 0.0003 0.0 (0.00%) @ 8:04AM
Blue Diamond Completes Final Huerfano Wind Study to Satisfy Project Financing Requirements; Data Shows Very Strong Class 5 Winds
BLUE DIAMOND VENTURE (OTC) (USOTC:BLDV)
Intraday Stock Chart
Today : Monday 27 September 2010
Blue Diamond Ventures, Inc. (PINKSHEETS: BLDV), through its affiliate Blue Diamond Ventures Renewables, LLC, announced today that its final wind study has been completed to satisfy project financing requirements for the proposed 198-megawatt wind project in Huerfano County, Colorado, with data showing very strong winds at the site.
FreedomWorks, LLC, reports the data shows very strong class 5 winds are available at the Huerfano Wind Farm site and that nearly 600,000 megawatt-hours (MWh) can be generated from the wind farm annually. The study was completed by Windlogics.
"Knowing the wind farm's production capacity obviously gives our equity partners the level of comfort needed to move forward with project financing," said Blue Diamond CEO John Quincey Moaning.
Blue Diamond Ventures Renewables, LLC, and FreedomWorks, LLC, have proposed construction of the 198-megawatt wind project, with 68 miles of transmission in Southern Colorado. The project is expected to cost $420 million.
Last year, wind study results for the Huerfano Wind Project -- proposed on more than 8,000 acres -- came back highly favorable with wind speeds representing some of the best in Colorado. The data for the project is available at: http://www.engr.colostate.edu/ALP/ALP_62_Sheep_Mountain.htm.
About Blue Diamond Ventures, Inc.:
GM all let's push this up over the thousandth of a penny and rock and roll baby!
If it was Monday we'd have only to minutes before things get crazy but it's not and we are 12 hours away.........so let's get some precious sleep and count the wifi's in our dreams.....for those of you who don't know what a wifi looks like.....here is a pic $
Ahh just excited for week to get rolling.........Icoa rocks!
Hmm a verse from a song came to mind "Haven't you always wanted a monkey"...........well with ICOA you just may be able to buy a frickin monkey! I Love it!
Alright so Icoa looks great, charts are primed........where do we go from here......some say .005, some say .0005.....some say we hold and build slow and one says pennies..........as well as a 6.00 call wow ...........which is it my dd tells me roughly .003 - .005! imo
I am sorry for knocking the website.....El Maniel Inc. will be a very profitable company, currently they are surveying KIBI FOR GOLD....at the current price of Gold(1300.00) and the profit per ounce(500 - 700) I'd be a fool to say that El Maniel is a weak company, when news breaks as to the "We found Gold and How much we can Produce" El Maniel will see their PPS EXPLODE, maybe not today, nor next week but by year end WATCH OUT!!!! As for their OIL.....I do realize that the company did state by Falls end it would be up and running, When El Maniel lets us know what we are storing and selling again WATCHOUT PPS will rise and profits for its investors could be staggering!!!! So with all that said and do realize that I only talked about the GOLD AND OIL aspect now we must all show GREAT PATIENCE AND withstand all the negative talk which includes myself, I own EMLL shares and should not criticize my investment, nor should anyone else!
El Maniel will rise dramatically considering we are dealing with the 2 greatest share moving aspects which are GOLD and OIL!
Except my apologies and GO GREEN EMLL! LONG IN EMLL!! GLTA!!!
I am sorry but Wow if you think that this El Maniel website is something of greatness I truly believe you are WRONG......I am not siding by Businessman with his feelings here on El Maniel but Ch***t give your heads a shake.........If I was building a website to draw future investors... #1 - The oil terminal, oh my, at least fix it up like they said and show pictures of the New revamped site.....this is an embarassment! #2 - GOLD ..no real talks about Kibi......and don't try sugar coating it....no pics, no details about 1st 100 acres like they said! #3 - Investor......there are none and if they are trying to promote the company, this website is a TERRIBLE JOB!.... #4 - when you click on the sub heading PROJECTS.....there is a 2nd project that you can not see, lmao what a joke! #5 - where is the introduction to Mr. Khoo, just a little spot suggesting he is director and president, yes you are right for not wanting you information on this website...because it is embarrassing! #6 - no talk about financial situationn quarterly or anything.....I guess all I am saying is that this FORTNIGHT of a website that some Investor Relations guy said was being perfected is worth a $100.00........ahhhhh there goes our cashflow on hand El Maniel is broke, tapped out!!
PS MY son created a website in grade 9 a few years back and scored 95% on it, I showed him this Website and he laughed and said I hope you get your payday from El Maniel but Dad that is awful and not worth it.....OLD SAYING LESS IS MORE BUT EL MANIEL TAKES THE CAKE LESS IS TERRIBLE.....I can only hope!Long in El Maniel but very very concerned!
wow terrible................I am selling 4 mill, by end of next week, I wish it would get better...but not looking so promising unless they pr that they have gold, oil and a website......no announcements no buyers!
brutal stock!
I own Icoa .......just started trading about 2 weeks ago and I here about and understand level 2 but until
I feel comfortable with stocks are there any free level 2 sites where I can see how this works? Thanks Cheek
How's the level 2 looking?
level2 5 @ .0003 1 @ .0004 2 @ .0005......wow
L2 anyone!!!!!!
4@4 and 4@5.......
Houston....all systems are a go for take off, 10, 9 , 8, 7, 6, 5, 4, 3, 2, 1, POWER HOURRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR
3 mil at .0004 yesterday......200000 @ .0006 today
What type of news....I just bought in yesterday..
I leave for 5 minutes and some boarder line retard brings it to .0004 what up with that!