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Thanks for the info.....its obvious there is a need for BETTER service down there ...lets hope we can fill that need.
Agreed- sentiment reversal should show tomorrow...looks like it should trend back up.....glad we all got a chance at some more cheap shares ... GLTA.
This article dated 2009 says there were only 2 cell companies operating which is good ..BUT that doesnt jive with another article I found updated 4-30-201 that says 5 providers operating ..another wiki states just under 8 million subscribers ...so maybe one of those 5 units is the target of the R U M O R E D aquisition......
Roseau – September 20, 2009
Digicel acquires Orange Telecom's Dominica unit
Jamacia-based mobile phone company Digicel has acquired Orange, France Telecom's cellular operation in Dominica, leaving just two wireless companies on the island.
Digicel said it had completed the acquisition of Orange Dominica but did not disclose terms or say how many new customers it would add. " ........................"and its other mobile phone company is LIME, previously known as Cable & Wireless Ltd. Digicel entered the market in 2006."
Dominican Republic
Last update: 30 April 2010
The following networks operate in this country/area:
Compañia Dominicana de Telefonos, C. por A. (CLARO GSM)
GSM 850/1900
Live
Compañia Dominicana de Telefonos, C. por A. (CLARO GSM)
3G 850
Live
Orange Dominicana S.A.
GSM 900/1800/1900
Live
Trilogy Dominicana S.A.
GSM 1900
Live
So whats coming labor day is this the rumor of an aquisition ?
Date of report is 2009.
Dont have any direct experince but just took a class on solar / photovoltaics .....system payback is still keeping most people away from these systems especially in these times. I would have liked to see them doing a commercial rather than residential install as lets face it there is probably more profit in that sector of the biz.
That was my exact feeling as well...they walked this down over the last few days.....I think the quarterly is going to be neutral anyway..... BUT I think the next 10q will show some good numbers from these recent contracts etc..........that puts me in the mindset to pick up more cheap here ......GLTA.
I believe this one still has legs ...the next pr with more progress on the rumored aquisition or D.R. job and it pops back up. Depending on where you bought in some will come and some will go as always with any stock. I will probably accumulate more tomorrow as I am looking at this as a buying opportunity. Good luck to anybody leaving however and I understand why some would go.
I wanted to get a feel for the state of things down in Domenica tech wise ........its not as bad as I thought down there - technology is there and in fact its very advanced for Latin America .....from Wiki
"Broadband Internet access
The Dominican Republic is considered one of the countries with the most advanced telecommunications infrastructures in Latin America, with over 7.8 million cell phones connected (on just about 10 million populants, with 3.5 million of them on extreme poverty conditions) and large companies like Codetel and Orange (FR) on the telecommunications market. Broadband Internet access is growing, with over 381,211 Internet accounts globally and 2,439,997 Internet users as of June, 2009 according to INDOTEL(DR Telecommunications Institute). Broadband DSL represents about 60% of the total Internet subscribers. There is access to regular ADSL, G.SHDSL, and services only on metropolitan areas, costs are high and service is decent. Cable Internet is offered by a couple of cable companies at lower costs than ADSL but the service is very deficient and unreliable. WiFi hotspots are almost non-existent, with just a few in university campuses and other not-so-public areas. The implementation of the Wimax technology by some of the Cell-phone service providers(Tricom) are resulting in the rapid investment by other providers in the market to match the new and faster platform of services. Also the ongoing installation of a Fiber-Optic network structure in the National District and the City of Santiago (second largest in the country) will force other competitors into upgrading theirs to be able to compete in the markets they now lead."
Thats awesome news and I will take your word for it ....
Olan I would like ot believe this but you do not hear about enough court decisions taking manipulators down....Management is too busy trying to grow the company to focus on a suit or notifying the sec etc....so they usually send out a threatening pr saying they are going to go after these people and they never do...its happened on at least 3 pinks I have owned .....I did see the results of one lawsuit however where the company sued bashers on stock boards and part of the court ordered settlement was Ihub had to produce and turnover the registered names of the bahsers from their website....dont know how that one turned out......GLTA.
Not just pinks though necessarily....a thinly traded NYSE can do the same thing and leave you high and dry too with nowhere to sell .....GLTA
With the market being flat to negative I thought this hung in there pretty well all week and could have been worse considering the market and the move to another board. I think we still look good and nothing has changed. I hope they preface the release of the financials with some good positive news first as I expect it will not be that stellar as we are still developing and things are just getting rolling - new customer wise. Accumulating is my position for right now....GLTA
Yep makes sense ......as I understand it a company CAN buy back shares and retire them too - effectively lessening dilution and boosting pps value - less slices of the pie ....who knows all I know is we wait. Thanks for the discussion.
Truth I have to agree ...its just too quiet and not enough dumping of shares since we have fallen off the cliff...it just doesnt make sense .......
This article states Freedom was sold -asking price was 12 million
"In a newsletter to Freedom Fuels’ 400 stockholders, Dannen wrote, “Since the bank is owed in excess of $20 million, the bank will not be paid in full and therefore there will be no monies left for payment to any of the other levels on the priority ladder.”
Dannen said when the company filed for bankruptcy in November (2009), it owed about $24 million in debt mortgage and secured loans and $8 million to unsecured creditors.
http://www.globegazette.com/news/local/article_51ce6f90-ac48-5a0b-a540-2cd975fcc598.html
http://www.globegazette.com/news/local/article_4fae34d0-9162-11df-9af3-001cc4c002e0.html
Interesting angles and all are plausible......unfortunatley we sit and wait......I have thought about a buyout ....things that come to mind....say someone steps up to buy us.......
1.) How do you value whats left here ? Is Freedom Fuels considered an asset of this company since part of the sales language says the buyer must also buy Freedom Fuels ? That should only be fair to XPGH shareholders right ? Since our hands are tied unless someone agrees to buy Freedom Fuels too. I would say we all have a right to some if not all of the Freedom Fuels proceeds ? I wonder what a judge would rule on that - in favor of shareholders ?
2.) When a company is bought usually company "A" makes a pps offer for company "B" right ? Our stock is in the crapper right now. PRIME time for someone wanting to step up and pick up a bio unit (for rfsII mandate) , refinery and a few turnkey customers cheap.
The larger bulk of dollars in an XPGH sale may be in the value of Freedom Fuels and not necessarily our stock.....maybe our stock -money has been building the Freedom Fuels asset in a round about way all this time....it would be a shame if "others" solely profited from that in the end deal .............hmmmmmm.
Who owns Freedom Fuels anyway ...do any of our pricipals own portions if not all of Freedom Fuels ?
Thanks Palm...makes me want to aquire Monday ....
Guys there was a weird single 19000 share trade on xlpi today ? I dont what that means ? When I look at the bid and ask through my trade provider it shows nothing like its not trading ??????
Guys there was a weird single 19000 share trade on xlpi today ? I dont what that means ? When I look at the buy and ask through my trade provider it shows nothing like its not trading ??????
Is there anywhere you can go to view sec investigation findings or actions ? Surely that investigation must have been finished by now. Is the bio subsidy a goner for sure or is it still active ? Shows how much I have been paying attention lately. Last one out shut the lights off please.
In this economy who is looking for anything with a 6-9 yr payback ? Nobody in my neighborhood I can guarantee you ..... sub pennies soon I am afraid. Sorry it is what it is imo.
150 million subscribers added with this deal in one fell swoop ! I dont understand why they didnt drive this fact home in the p.r. Dish Network and Direct TV ...... This is huge ...read details at the independant link below .....we should REALLY pop today on this ......awesome news
http://bleacherreport.com/articles/422231-could-byu-go-independent
Ditto all : expecting low 3's this am even on lower volume ......looks like we may kiss mid 3's with some returning volume ....GLTA.
Agreed down to flat day marketwise and it held its own...those late day buys are probably indicating something nice in store for tomorrow ....I may be all wet here but thats been my experience before ....wished I had gotten more 2's now ....GLTA !
Are these numbers correct ? Can someone check .
826k buys
175k sells
Nice pop before the close....something up ?
Slight pickup in volume towards noon it looks like ? Anybody know anything at all ? Would like to aquire more at these prices but hesitant......GLTA
My guess: if there were any restrictions on the b's they have been lifted :( tiiiimmmbbbbberrrrr. Its funny though- no sec filings I can find for sales among principals or affiliates ? Surely they wouldnt do anything stupid like not filing the appropriate forms since "supposedly" the sec was already investigating us. So who could be selling these chunks of stock ?
New money here ...not usually a cheerleader but this one should move today i.m.o.....we shall see......good luck everyone.
Lookin for a bounce ....fundamentals dont look so great but recent biz announcements - works channel should cause a bounce next week. We are accumulating cheap shares right now. Downward pressure today : I think many are are nervously selling after the split.
Looks like things are turning around. For a company to switch gears successfully (loss of Voip business due to government mandate) and develop a marketable product within a year and consequently sell it to a government entity is pretty unheard of today. I think with these new Chinese government projects signed it is the beginning of an upward trend in this stock. The service contracts should bring in new additional earnings as well. Looks good.
Lou Mannheim: Man looks in the abyss, there's nothing staring back at him. At that moment, man finds his character. And that is what keeps him out of the abyss. :)
So lets take time to reflect on the state of things.....
We have a president that is supposedly FOR Bio fuel.
We have states enacting legislation that promotes or mandates the use of bio in some percentage.
The bio fuel is obviously more expensive than regular fuel- therefore sales are way down.
Our federal subsidy per gallon is gone and isnt coming back in the near term.
Our legislators are not going to renew it or prop up the industry anymore we are on our own.
Bio producers are dropping out like flies.
Federal mandates in RFS2 should cause additional consumption.
~ 2,900,000 loss this quarter for XPGH.... if we average that the rest of the year * 4 quarters we will be looking at potentially an 11,600,000 loss for 2010 assuming nothing gets better ?
So if the government subsidy is gone its going to cost more to use a bio fuel or blended bio fuel you HAVE to use per government rules. With the loss of a bunch of bio producers and only a handfull left you will see producers adding more cost to the finished product due to supply and "mandated demand" . So bio should get really expensive in my opinion due to limited # of players making it etc. I think what we will see is BIG OIL stepping forward and starting to buy a few legit surviving bio producers and their operations to meet RFS2.
MY OPINION : I am sorry but I think water heaters arent the answer for XPGH - Mike saw this coming and a necessity to diversify way back -when he made the statement "we are an energy company" in that internet audio interview. Our only saving grace at this point will be if "WE and Freedom Fuels" are bought out by a beheamouth looking for a smaller trunkey bio company to aquire. The good thing is they may be willing to pay a small premium just to make rfs2 and because their simply arent enough players left in the game at this point.
Management: please stick the "FOR SALE" sign out front today.
XcelPlus Global Holdings Reports First Quarter 2010 Financial Results
Recent XPGH News
No additional news stories are available for XPGH at this time.DOTHAN, Ala.--(BUSINESS WIRE)-- XcelPlus Global Holdings Inc. (Pink Sheets: XPGH), which purchases, blends and sells non-petroleum off-take fuels for industrial applications, today announced its financial results for the first quarter of 2010.
Sales for the first quarter were $916,736 with a net operating loss of $1,936,413, before share-based payment transactions of $975,000, which are non-cash expenses. Taking the share-based payment transactions into account, the company incurred a net loss of $2,911,413. “The failure of Congress to renew the alternative fuel tax credits legislation for 2010 substantially reduced our sales and negatively affected our operating results for the first quarter,” stated David Poston, COO.
This release should be read in conjunction with the company’s first quarter 2010, unaudited financial statements and footnotes found at www.pinksheets.com by searching “XPGH.”
About XcelPlus Global Holdings, Inc.
Xcelplus Global Holdings Inc. is engaged in purchasing, blending and selling non-petroleum off-take fuels intended primarily for industrial boiler applications. Currently, the company’s main customers are heavy industrial companies, primarily in the southeastern United States. The company contracts with sources that provide raw materials compliant with biomass renewable products standards (non-petroleum), and then contracts with various plant facilities to process, blend, and store the finished products. The company uses independent laboratories for testing the products to specifications that meet federal standards. Ultimately, the company sells the finished biomass product and contracts with transportation providers to distribute the blended fuels to its end customers.
Source: XcelPlus Global Holdings Inc.
We are now considered a
"Stop Pinksheets No Information
Indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or Pink Sheets. Companies in this category do not make Current Information available via Pink Sheets News Service, or if they do, the available information is older than six months. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky. " Consider yourself kicked :( ....
X2.....
Unfortunately we now have been downgraded on Pinksheets to "Stop Pinksheets No Information " .......from Pinksheets website
"Indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or Pink Sheets. Companies in this category do not make Current Information available via Pink Sheets News Service, or if they do, the available information is older than six months. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.
:: INSIDER TRADING WARNING
This company may not be making material information publicly available.
If you are an affiliate, employee, insider, or any person in possession of nonpublic material information about this company, please be advised that buying or selling this security may constitute trading "on the basis of" material nonpublic information prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators of these laws are subject to civil and criminal penalties.
What is insider trading?
Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security.
Rule 10b5-1 provides that a person trades on the basis of material nonpublic information if that person is "aware" of the material nonpublic information at the time of the purchase or sale.
Affiliates, insiders, relatives, or other persons in possession of material information should use extreme caution when buying or selling securities on the basis of material information, particularly in securities where the company is not making adequate current information publicly available as a matter of practice.
Why is Pink OTC displaying this warning?
Companies that are identified on pinksheets.com as having “No Information” may be placing their shareholders at risk of violating 10b5-1 insider trading rules. Pink OTC Markets recommends that investors wishing to place a trade in such securities contact the company to verify it is making adequate current information publicly available.
How can a company make material information publicly available?
Companies can make material information publicly available by registering a class of their securities and making current reports with the SEC.
Companies can make material information publicly available by qualifying under Rule 12g3-2(b) under the Exchange Act (“Rule 12g3-2(b)”).
For companies that are not subject to SEC reporting requirements under 12(g) or 12(b) of the Act, Pink OTC Markets provides the Alternative Reporting Standard to facilitate the availability of adequate current information.
Companies that post such information through the OTC Disclosure & News Service are able to conveniently and efficiently make their information publicly available on their quote page on www.otcmarkets.com.
The Alternative Reporting Standard is designed for companies to meet the minimum disclosure requirements under SEC Rules 15c211 and 144(b) and assist companies in protecting their affiliates from 10b5-1 violations. Companies are urged to seek the advice of experienced securities counsel regarding materiality and methods to make material information publicly available.
For more information about the Alternative Reporting Standard, please visit our Alternative Reporting Standard page.
Note: Companies may choose to provide current information on their corporate websites. Pink OTC Markets encourages affiliates, employees, insiders, or any person in possession of nonpublic material information about a company to examine the company's corporate website for current information, if they are not able to find it through pinksheets.com or in current reports filed with the SEC, to ensure compliance with Rules 10b-5 and 10b5-1. However, the warning message on the company's quote page on pinksheets.com will continue to be displayed. To remove this warning message, the company must meet one of the three standards listed above.
For an overview of insider trading, visit the SEC’s website at http://sec.gov/answers/insider.htm."
"Affiliates" must also file with the sec when selling.......
Now thats funny :).
Peat I believe you are incorrect and I am putting this up here to help everybody and xpgh .....everyone please go the link below and read the information reporting info for yourself - take the time to do it.
Here is the link for alternate reporting criteria
http://www.otcmarkets.com/content/doc/ps/Disclosure/Guidelines/2.pdf
Peat,Hog,Truth call Mike as he must not be aware of the "adequate current information publicly " language ....we arent "distressed" , we supposedly have ~2 million in the bank but it would look distressed from pinksheets info to a new investor and potentially turn that investor off and for existing investors we should be provided with "adequate current information."
According to pinksheets.com
Xpgh has been classified as "Distressed Pink sheets Limited Information Designed for companies with financial reporting problems, economic distress, or in bankruptcy to make the limited information they have publicly available. The Limited Information category also includes companies that may not be troubled, but are unwilling to meet Pink Sheets' Guidelines for Providing Adequate Current Information. Companies in this category have limited financial information not older than six months available on the Pink Sheets News Service or have made a filing on the SEC's EDGAR system in the previous six months."
As we all know we had a compliant pattern of financial reporting going on in 2009 but then it all stopped.
Interim Financial Report Nov 30, 2009 Dec 22, 2009
Interim Financial Report - October Financials Oct 31, 2009
Quarterly Report Sept 30, 2009 Oct 8, 2009
Interim Financial ReportAug 31, 2009 Sept 8, 2009
Interim Financial ReportJul 31, 2009 Aug 6, 2009
Quarterly Report Jun 30, 2009 Jul 13, 2009
Quarterly Report Mar 31, 2009
Section Two: Issuers’ Continuing Disclosure Obligations
Issuers are considered to have adequate current information publicly available to the extent such information is updated to reflect new developments after the publication of the initial issuer disclosure statement. In general, an issuer shall provide updates to the most recent balance sheet, income statement and statement of cash flows, as required under Item XII above, as well as disclose changes in any other of the above disclosure items no later than 45 days after the end of any fiscal quarter (“Quarterly Updates”) and 90 days after the end of any fiscal year (“Annual Updates”). Issuers shall also provide updates (“Current Updates”) within 10 business days in the event that any of the information contained in the disclosure statement (including information contained in any prior Update) has become materially inaccurate or incomplete, or upon the occurrence of certain events described under the Current Reporting Obligations section. The specific requirements for Quarterly, Annual and Current Updates are set forth below.
Insiders, affiliates and control persons of issuers shall be aware that Rule 144 under the Securities Act requires that adequate current information be publicly available if they wish to sell any of their securities in the public secondary markets.
Quarterly Reporting Obligations
In order to be considered as having adequate current information publicly available, issuers must publish Quarterly Updates to their disclosure statements through the OTC Disclosure and News Service, no later than 45 days after the end of each fiscal quarter. Quarterly Updates should contain responses to the following items, and should follow the format below.
Instruction relating to the preparation of Quarterly Updates:
Issuers shall prepare a document that responds to each item and sub-item below and shall include in its response to a particular item (i) whether a particular item is not applicable or unavailable and (ii) the reason it is not applicable or unavailable.
Quarterly Updates should be published under the report name of “Quarterly Report” or “Interim Report” for the appropriate fiscal quarter end.