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Hmmmm...they only made 175K after selling 273K shares. It obviously wasn't on the open market because MMGW was above $1 a share in the past quarter and this only comes out to $0.64/sh.
NOTE 6 – CUSTOMER DEPOSITS
During the first quarter of fiscal 2010, Mass Megawatts received $50,000 from a third party as a deposit on construction of a wind power plant. Construction on this project was started during late August 2009.
NOTE 7 – COMMON STOCK
During the three months ended July 31, 2009:
- Mass Megawatts issued 10,000 shares of common stock to consultants for their services. These shares were valued and recorded at fair value of $12,350.
- Mass Megawatts sold 273,848 shares of common stock for cash of $175,181.
Common stock; no par value; 12,000,000 shares authorized; 7,049,524 issued and outstanding at July 31, 2009; 7,000,000 authorized; 6,765,676 issued and outstanding at April 30, 2009
More socialism by Obama. The more time the kids spend in school the more than can be controlled and brainwashed by our school system. More reason than ever to send your child to a Classical Christian school or homeschool them. Don't let our government control your kids anymore! Enough is enough!!! What we really need to do is get rid of the Department of Education and most other departments. We need to get back to what our country was founded on. Limited federal power!
More school: Obama would curtail summer vacation
By LIBBY QUAID, AP Education Writer Libby Quaid, Ap Education Writer – 2 hrs 39 mins ago
WASHINGTON – Students beware: The summer vacation you just enjoyed could be sharply curtailed if President Barack Obama gets his way.
Obama says American kids spend too little time in school, putting them at a disadvantage with other students around the globe.
"Now, I know longer school days and school years are not wildly popular ideas," the president said earlier this year. "Not with Malia and Sasha, not in my family, and probably not in yours. But the challenges of a new century demand more time in the classroom."
The president, who has a sixth-grader and a third-grader, wants schools to add time to classes, to stay open late and to let kids in on weekends so they have a safe place to go.
"Our school calendar is based upon the agrarian economy and not too many of our kids are working the fields today," Education Secretary Arne Duncan said in a recent interview with The Associated Press.
Fifth-grader Nakany Camara is of two minds. She likes the four-week summer program at her school, Brookhaven Elementary School in Rockville, Md. Nakany enjoys seeing her friends there and thinks summer school helped boost her grades from two Cs to the honor roll.
But she doesn't want a longer school day. "I would walk straight out the door," she said.
Domonique Toombs felt the same way when she learned she would stay for an extra three hours each day in sixth grade at Boston's Clarence R. Edwards Middle School.
"I was like, `Wow, are you serious?'" she said. "That's three more hours I won't be able to chill with my friends after school."
Her school is part of a 3-year-old state initiative to add 300 hours of school time in nearly two dozen schools. Early results are positive. Even reluctant Domonique, who just started ninth grade, feels differently now. "I've learned a lot," she said.
Does Obama want every kid to do these things? School until dinnertime? Summer school? And what about the idea that kids today are overscheduled and need more time to play?
___
Obama and Duncan say kids in the United States need more school because kids in other nations have more school.
"Young people in other countries are going to school 25, 30 percent longer than our students here," Duncan told the AP. "I want to just level the playing field."
While it is true that kids in many other countries have more school days, it's not true they all spend more time in school.
Kids in the U.S. spend more hours in school (1,146 instructional hours per year) than do kids in the Asian countries that persistently outscore the U.S. on math and science tests — Singapore (903), Taiwan (1,050), Japan (1,005) and Hong Kong (1,013). That is despite the fact that Taiwan, Japan and Hong Kong have longer school years (190 to 201 days) than does the U.S. (180 days).
___
Regardless, there is a strong case for adding time to the school day.
Researcher Tom Loveless of the Brookings Institution looked at math scores in countries that added math instruction time. Scores rose significantly, especially in countries that added minutes to the day, rather than days to the year.
"Ten minutes sounds trivial to a school day, but don't forget, these math periods in the U.S. average 45 minutes," Loveless said. "Percentage-wise, that's a pretty healthy increase."
In the U.S., there are many examples of gains when time is added to the school day.
Charter schools are known for having longer school days or weeks or years. For example, kids in the KIPP network of 82 charter schools across the country go to school from 7:30 a.m. to 5 p.m., more than three hours longer than the typical day. They go to school every other Saturday and for three weeks in the summer. KIPP eighth-grade classes exceed their school district averages on state tests.
In Massachusetts' expanded learning time initiative, early results indicate that kids in some schools do better on state tests than do kids at regular public schools. The extra time, which schools can add as hours or days, is for three things: core academics — kids struggling in English, for example, get an extra English class; more time for teachers; and enrichment time for kids.
Regular public schools are adding time, too, though it is optional and not usually part of the regular school day. Their calendar is pretty much set in stone. Most states set the minimum number of school days at 180 days, though a few require 175 to 179 days.
Several schools are going year-round by shortening summer vacation and lengthening other breaks.
Many schools are going beyond the traditional summer school model, in which schools give remedial help to kids who flunked or fell behind.
Summer is a crucial time for kids, especially poorer kids, because poverty is linked to problems that interfere with learning, such as hunger and less involvement by their parents.
That makes poor children almost totally dependent on their learning experience at school, said Karl Alexander, a sociology professor at Baltimore's Johns Hopkins University, home of the National Center for Summer Learning.
Disadvantaged kids, on the whole, make no progress in the summer, Alexander said. Some studies suggest they actually fall back. Wealthier kids have parents who read to them, have strong language skills and go to great lengths to give them learning opportunities such as computers, summer camp, vacations, music lessons, or playing on sports teams.
"If your parents are high school dropouts with low literacy levels and reading for pleasure is not hard-wired, it's hard to be a good role model for your children, even if you really want to be," Alexander said.
Extra time is not cheap. The Massachusetts program costs an extra $1,300 per student, or 12 percent to 15 percent more than regular per-student spending, said Jennifer Davis, a founder of the program. It received more than $17.5 million from the state Legislature last year.
The Montgomery County, Md., summer program, which includes Brookhaven, received $1.6 million in federal stimulus dollars to operate this year and next, but it runs for only 20 days.
Aside from improving academic performance, Education Secretary Duncan has a vision of schools as the heart of the community. Duncan, who was Chicago's schools chief, grew up studying alongside poor kids on the city's South Side as part of the tutoring program his mother still runs.
"Those hours from 3 o'clock to 7 o'clock are times of high anxiety for parents," Duncan said. "They want their children safe. Families are working one and two and three jobs now to make ends meet and to keep food on the table."
http://news.yahoo.com/s/ap/20090927/ap_on_re_us/us_more_school
Definitely trying to piggyback off our potential monster. Very interesting.
Evolving Gold will be at the Cambridge House Resource Investment Conference in Toronto this weekend. CEO, Robert Barker and Robert Bick will be present at the show. A corporate presentation will occur at noon on Saturday.
Cambridge House Resource Investment Conference
Metro Toronto Convention Centre
September 26 - 27
Booth 410
Corporate Presentation
Saturday, September 26, 12 pm
Workshop 1
http://www.cambridgehouse.ca/index.php/toronto-resource-investment-conference.html
As to Carlin, I know Mr. Barker was reasonably excited that they hit their 4 objectives on their drill hole at Carlin.
One: They had the right host rock
Two: They found the hydrothermal system
Three: They found the right trace elements that are strong signatures of gold.
and Four: They found gold.
We'll see where they go from here.
Until then, I'm focused on this potential multi-million ounce strike at Rattlesnake. Hopefully the weather holds long enough for them to come close to their goal of 60 holes this season.
Bliz...
Yes, 75 on the Rattlesnake Hills property.
I did confirm with IR that Evolving Gold is drilling 60 holes this season. That will make 75 between 2008's 15 and this year's goal of 60. We have a lot of results coming down the pike for the next several months!
Latest Bob Barker interview from Monday, September 14th
Talking about 75 total drill holes now (from 2008 and 2009) before they're done this fall.
http://www.smallcapepicenter.com/executive/EVG14September2009/index.htm
The Denver Gold Group (DGG) has been presenting the world's most prestigious precious metals investment conferences since 1989. Our private, by-invitation Forums are designed to showcase institutional-quality precious metals companies to major global fund and portfolio managers, institutional investors and analysts. Our two main annual events are the European Gold Forum (Zurich, Switzerland) in April and the Denver Gold Forum in September. Information for precious metals companies interested in participating in our events is located on our Sponsorship page.
UPCOMING MEMBER EVENTS
Wednesday, October 21, 2009
DGG Monthly Luncheon
Evolving Gold Corp.
http://www.denvergold.org/i4a/pages/index.cfm?pageid=1
That is kind of important! Tks
No more than 100M shares can be issued but I don't think there is any 8 cent minimum. MMRF just wouldn't get 8M of equity if they had to sell the maximum 100M shares for a lesser amount. Please correct me if I'm wrong.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6799929-993-12148&type=sect&dcn=0001136261-09-000271
Very nice! The assays on the rest of these holes will keep everyone interested for the next several months. Looking forward to what's next.
Thanks for your input nsomniyak. We'll see what happens.
In your scenario the only way Dutchess makes money is to short the stock before they receive shares so they get more shares at a cheaper price and then cover and sell the shares later at a higher price. Otherwise it makes no sense to me.
For example, let's say they get their first batch of shares at .094 (the stocks lowest bid price over the last 5 days was .10). Now they need to sell those shares above .094 to make any money. Where's the profit in pushing the price down and selling at a lower price? Remember the overall deal is capped at 100M shares and it's a 8M deal.
Another impressive day with a gap up at the start and 2.6M shares traded. Feel sorry for all those selling at $1.10 and less on Monday afternoon.
http://stockcharts.com/h-sc/ui?s=evg.v
It happens all the time.
12 boardmarks...we're soaring...LOL! I believe that's up 50 percent recently.
Closed back above the 50 day average on heavy (3.4M shares) volume on the evg.v chart. Almost as many shares as the down day yesterday. Looks like the institutions gobbled up some more shares.
http://stockcharts.com/h-sc/ui?s=evg.v
And I made a mistake on how many holes are still pending. I believe after today we've only got the assay results of about 17 holes (not all of them complete yet) with 9 more awaiting assay results and still another 34 or so to be either drilled, finished or assayed yet. Plenty more info coming in the coming weeks and months. GL!
You finally got your fire sale. I bought a few today also.
We'll see what happens the next couple days. Maybe people were expecting some glory holes. Looks like some more solid results to add to the mix. We'll see what the other 5 hold and then another 9 or so after that yet before winter sets in.
Women's final was pure class! There's a few role models for the younger girls to look up to. The shots at the end with Kim and family were priceless. Both Kim and Caroline get my respect and admiration for a job well done.
They said early in the week. We'll see.
I'm glad to see some outrage but saddened to see so many sticking up for Serena. I've heard from several people I've talked to that she should be angry for a foot fault call at that time of the match. I have no problem with some anger for a close call at that point but like you said there is no excuse for what she did...a profanity laced tirade with threats. It seems she may have the hammer come down on her. Will this help her in the future? I'd like to think this could be a turning point in her life but I doubt it. We'll see.
Serena fined, more punishment possible
Martin Rogers
NEW YORK – Serena Williams faces an anxious wait to see if she is to be banned from future Grand Slam tournaments following her controversial outburst at the U.S. Open.
Williams was levied with a $10,000 fine by the U.S. Open for unsportsmanlike conduct on Sunday for her foul-mouthed tirade at a line judge the night before, as she slumped to a semifinals defeat to Kim Clijsters. The fine was the maximum possible at this stage.
An additional $500 fine for racket abuse was also imposed by tournament referee Brian Earley, but those on-site punishments could be just the tip of the iceberg for the world No. 2.
A further investigation by the Grand Slam Committee, as first reported by Yahoo! Sports on Saturday night, has already begun and will prompt serious concern from Williams and her supporters.
The committee has the authority to strip Williams of her entire $350,000 prize purse for this tournament, plus hand down a ban for future Slams starting with the 2010 Australian Open.
A Grand Slam Committee administrator will first determine whether Williams’ actions warrant consideration as a “major offense” – a near certainty given the nature of her comments towards the official.
It is likely that she would be charged with “aggravated behavior” for conduct that was “flagrant and particularly injurious to the success of a Grand Slam, or is singularly egregious,” according to the Grand Slam rule book.
Williams had made no official comment on the matter by Sunday evening and had not updated her Twitter page since before her 6-4, 7-5 defeat to Clijsters.
Williams has won 11 Grand Slam titles and is the defending champion at the Australian Open and Wimbledon.
http://sports.yahoo.com/ten/news?slug=ro-serenafine091309&prov=yhoo&type=lgns
Source: Serena’s outburst to warrant investigation
By Martin Rogers
NEW YORK – Serena Williams is set to become the subject of an in-depth investigation after launching into a profane outburst that prompted her exit out of the U.S. Open.
Yahoo! Sports has learned that Williams will be asked to explain her actions and comments toward a female line judge at the end of her semifinal defeat to Kim Clijsters on Saturday night. A source revealed that representatives from tennis’ governing body – the International Tennis Federation – plus members of the Grand Slam Committee, which oversees the four major tournaments – will convene along with U.S. Open referee Brian Earley on Sunday.
The group is expected to review video footage of the incident, seek clarification from the line judge and most likely hand down a heavy fine to Williams. A representative from the WTA Tour is also expected to be included, although the Tour does not have jurisdiction over Grand Slam events.
Williams lost her cool after being called for a foot fault on a second serve while trailing 15-30 and 5-6 in the second set. Clijsters won the first set 6-4.
The call gave Clijsters a match point, but it was never played as Williams exploded into a verbal tirade at the line judge. According to the Associated Press, Williams screamed at the official, “If I could, I would take this … ball and shove it down your … throat,” Williams said.
The line judge then reported the comments to umpire Louise Engzell, as tournament referee Earley rushed on to the court. Williams was heard to yell again at the line judge, loudly insisting “I didn’t say I would kill you. Are you serious? Are you serious? I didn’t say that.”
A code violation was issued for unsportsmanlike conduct, meaning Williams was penalized a point, thereby ending the contest.
Despite the high profile nature of the incident, Williams may escape a more serious sanction such as a ban from future Tour events. Slam tournaments are governed separately.
The ugly confrontation overshadowed a fine performance from Clijsters, who is now remarkably just one win away from clinching the title in her first major since returning to the Tour following the birth of her daughter.
The on-court controversy was followed by a whirlwind of activity once Williams left the playing area at Arthur Ashe Stadium.
Following a press conference, Williams met with Earley to discuss the situation. She then left Flushing Meadows in official U.S. Open transportation, accompanied by her mother Oracene Price and sister Venus Williams. At her media conference, Serena refused to back down.
When asked if the line judge deserved an apology, Williams said: “An apology for? From me?”
“How many people yell at linespeople? All the people that kind of yell at linespeople, I think it kind of comes sometimes. Players, athletes, get frustrated. I don’t know how many times I have seen that happen.”
Clijsters will face Caroline Wozniacki for the U.S. Open crown in a contest that surely will be overshadowed by the inevitable fallout of Williams’ mental meltdown.
http://sports.yahoo.com/ten/news;_ylt=AvWHyXkzRzxZnnbjb.EM9Gk4v7YF?slug=ro-serena091209&prov=yhoo&type=lgns
Looking forward to the Clijsters/Wozniacki final. I don't think Wozniacki has the fire power that Clijsters has but it'll be a fun match. And there won't be any profanity laced tirades or threats. Just great tennis.
Serena’s outburst to warrant investigation
by Martin Rogers
NEW YORK – Serena Williams is set to become the subject of an in-depth investigation after launching into a profane outburst that prompted her exit out of the U.S. Open.
Yahoo! Sports has learned that Williams will be asked to explain her actions and comments toward a female line judge at the end of her semifinal defeat to Kim Clijsters on Saturday night. A source revealed that representatives from tennis’ governing body – the International Tennis Federation – plus members of the Grand Slam Committee, which oversees the four major tournaments – will convene along with U.S. Open referee Brian Earley on Sunday.
The group is expected to review video footage of the incident, seek clarification from the line judge and most likely hand down a heavy fine to Williams. A representative from the WTA Tour is also expected to be included, although the Tour does not have jurisdiction over Grand Slam events.
Williams lost her cool after being called for a foot fault on a second serve while trailing 15-30 and 5-6 in the second set. Clijsters won the first set 6-4.
More From Martin Rogers
The call gave Clijsters a match point, but it was never played as Williams exploded into a verbal tirade at the line judge. According to the Associated Press, Williams screamed at the official, “If I could, I would take this … ball and shove it down your … throat,” Williams said.
The line judge then reported the comments to umpire Louise Engzell, as tournament referee Earley rushed on to the court. Williams was heard to yell again at the line judge, loudly insisting “I didn’t say I would kill you. Are you serious? Are you serious? I didn’t say that.”
A code violation was issued for unsportsmanlike conduct, meaning Williams was penalized a point, thereby ending the contest.
Despite the high profile nature of the incident, Williams may escape a more serious sanction such as a ban from future Tour events. Slam tournaments are governed separately.
The ugly confrontation overshadowed a fine performance from Clijsters, who is now remarkably just one win away from clinching the title in her first major since returning to the Tour following the birth of her daughter.
The on-court controversy was followed by a whirlwind of activity once Williams left the playing area at Arthur Ashe Stadium.
Following a press conference, Williams met with Earley to discuss the situation. She then left Flushing Meadows in official U.S. Open transportation, accompanied by her mother Oracene Price and sister Venus Williams. At her media conference, Serena refused to back down.
When asked if the line judge deserved an apology, Williams said: “An apology for? From me?”
“How many people yell at linespeople? All the people that kind of yell at linespeople, I think it kind of comes sometimes. Players, athletes, get frustrated. I don’t know how many times I have seen that happen.”
Clijsters will face Caroline Wozniacki for the U.S. Open crown in a contest that surely will be overshadowed by the inevitable fallout of Williams’ mental meltdown.
http://sports.yahoo.com/ten/news;_ylt=ApBEXhYV0eqG_08OCG9ZW8s5nYcB?slug=ro-serena091209&prov=yhoo&type=lgns
And then in the post-match conference call she says she couldn't remember what she said to the line judge. Yeah right. Sorry Serena, it's on tape and the mikes. You're done...
What else can we expect from a William's sister. Hopefully this will end Serena's career. Sad state to allow someone like that continue on in tennis. And Kim Clijsters is just the opposite. Nice, humble and a true champion.
The article doesn't mention the multiple F-bombs that Serena threw in with her threat.
Bizarre ending to Williams’ title defense at Open
By HOWARD FENDRICH, AP Tennis Writer 21 minutes ago
NEW YORK (AP)—Serena Williams’ U.S. Open title defense ended in bizarre, ugly fashion Saturday night, when she was penalized a point on match point after yelling and shaking her racket in the direction of an official who called a foot fault.
Williams lost to unseeded, unranked Kim Clijsters 6-4, 7-5 in a taut semifinal that featured plenty of powerful groundstrokes by both women. No one will remember a single shot that was struck, though, because of the unusual, dramatic way it finished.
With Williams serving at 5-6, 15-30 in the second set, she faulted on her first serve. On the second serve, a line judge called a foot fault, making it a double-fault—a call rarely, if ever, seen at that stage of any match, let alone the semifinals of a Grand Slam tournament. That made the score 15-40, putting Clijsters one point from victory.
Instead of stepping to the baseline to serve again, Williams went over and shouted and cursed at the line judge, pointing at her and shaking a ball at her.
“If I could, I would take this … ball and shove it down your … throat and kill you,” Williams said.
The line judge went over to the chair umpire, and tournament referee Brian Earley joined in the conversation. Williams then went over and said to the line judge: “I didn’t say I would kill you. Are you serious? Are you serious? I didn’t say that.”
Williams already had been give a code violation warning when she broke her racket after losing the first set. So the chair umpire now awarded a penalty point to Clijsters, ending the match.
“She was called for a foot fault, and a point later, she said something to a line umpire, and it was reported to the chair, and that resulted in a point penalty,” Earley explained. “And it just happened that point penalty was match point. It was a code violation for unsportsmanlike conduct.”
When the ruling was announced, Williams walked around the net to the other end of the court to shake hands with a stunned Clijsters, who did not appear to understand what had happened.
“I used to have a real temper, and I’ve gotten a lot better,” Williams said in her postmatch news conference. “So I know you don’t believe me, but I used to be worse. Yes, yes, indeed.”
Lost in the theatrics was Clijsters’ significant accomplishment: In only her third tournament back after 2 1/2 years in retirement, the 26-year-old Belgian became the first mother to reach a Grand Slam final since Evonne Goolagong Cawley won Wimbledon 1980.
Clijsters hadn’t competed at the U.S. Open since winning the 2005 championship. Now she will play for her second career major title Sunday against No. 9 Caroline Wozniacki of Denmark, who beat Yanina Wickmayer of Belgium 6-3, 6-3 in the other rain-delayed women’s semifinal.
http://sports.yahoo.com/ten/news;_ylt=As6iqS.dj.B_0eNNUDsnNHY5nYcB?slug=ap-usopen&prov=ap&type=lgns
The mikes picked up enough of the exchange. Sounds like Serena dropped at least 4 F-bombs while threatening the line judge. And that was just the first time. She came back a moment later and said more. Unbelievable.
And now she easily beat Serena! Nice!!! And it ended when Serena cussed out the line judge on a foot fault that gave Kim double match point. First she told the line judge she'd stuff her tennis ball down her throat and then it sounded like the second time she went back to her and said something else and that did it. What a loser. Serena's career may take a serious blow after that exchange.
Anyone an expert on valuation of exploration/mining companies based on the amount of gold in the ground? I've seen various valuation models discussed based on ounces of gold in the ground and profit per ounce, etc but I'm still researching how best to value EVG.
I had an order in for $1.28 (EVOGF) all day. We must have been thinking the same thing.
There's no doubt the focus is Rattlesnake. Bob Barker said 85% of the exploration funding is for Rattlesnake right now. New assay results (for Rattlesnake) are expected to be here early next week. Looking forward to that.
Butler was the one who said we'd be a billion dollar company in 5 years. Now he has more power to pull it off. I figure we'll start to see the turnaround in 2010 and then several strong years after that. Looking forward to the next big run after we start turning a profit again in 2010. Standing by and adding on dips when I can. GL to my fellow longs (not the whiners though!)
Very interesting article!
Just for a second I saw FloTec submits bid for $1.1B for Petrobas... and then I realized it was FloaTec. LOL! Maybe we'll see one of those big contracts some day! Have a great weekend all!
For those researching Evolving, I'd highly recommend the 50 minute conference call from July 16th. The audio has some issues at times but the information gathered will be worth your time.
Big day for Evolving today. Up 14% on strong volume of 2.7M shares.