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You won't get them from me
Just bought another 50k
News
Versant Corporation, a wholly owned subsidiary of STL Marketing
Group, Inc. (OTC: STLK) has been notified that it won a key decision in its
arbitration case, File No. 0223-2012-CO-AR-CICA. The “Sala Primera de la Corte
Suprema de Justicia” or “Sala Primera” rejected the appeal by Grupo Aldesa (Resolution
No. 414-F-S1-2013).
Grupo Aldesa, now named Finanzas Corporativas GBA SA, sought to argue that CICA or “Centro Internacional de Conciliación y Arbitraje de la Cámara de
Comercio Costarricense – Norteamericana” did not have jurisdiction over the case. CICA is a complementary resolution mechanism,
created by the Costa Rican legislature, which operates within the court system. In a clear and strongly worded opinion, Sala
Primera has unanimously rejected Aldesa’s arguments and ruled in favor of CICA
being able to handle the case. The
Company views this favorably, as CICA is much more expedient in handling cases.
As reported in our
public filings, the Company’s subsidiary, Versant Corporation, has alleged that
Grupo Aldesa misappropriated investor funds intended for Versant
Corporation. These investor funds were
wired to Aldesa’s bank account by investors and subsequently were not remitted in full to the
Company. This alleged action took place
in June 2011 as part of a private placement by Aldesa for Versant’s Preferred
Class A shares. The Company is seeking
the restitution of $195,400 for the above-mentioned funds, plus the
reimbursement of attorney’s expenses, interest and the arbitration costs.
“We feel very confident about
the facts of this case. Aldesa specifically
requested the contract stipulate that CICA handle any contract disputes and we
agreed. The Company initially sought reconciliation
at CICA, after negotiations regarding the matter failed between the parties. Unfortunately, Aldesa did not respond to the summons
or “apersonarse”, which automatically led us to the arbitration process. We were pleased by the unanimous decision by
the magistrates of Sala Primera.
We take this matter very
seriously. The Company undertook the
arbitration process to make certain that it was very clear to our stakeholders
that the Company in no way accepts or condones this type of behavior, nor were
we part of the alleged actions by Aldesa.
To ensure that all protocols were followed, Versant filed a formal complaint
regarding this matter, in mid-2012, with the Federal Bureau of Investigation (FBI)
in Colorado, as well as the State Attorney General. We look forward to the final resolution of
this matter and we believe that the resolution should be in the Company's favor
based on the facts. It is also important
to note, that this arbitration case does not affect our ongoing operations, nor
our work on the Power Purchase Agreement,” said Jose P. Quiros CEO of STLK.
From Facebook:
'For our shareholders, please let us know if you see missing data or incorrect data on a financial site. For example, Yahoo Finance does not have our Market Cap and has a Mr. Breeden as President & Chairman. Once we begin a more organized marketing campaign and do more Press Releases through news services like Marketwired, we will need to ensure the Company data is accurate in as many places as possible. If you know how to get the data updated, even better. Thank you.'
I think they are starting the engines. Countdown for liftoff is beginning. Can't wait for this rocket going skyhigh.
This is what you told me to do, remember?
If you come here try to make quick bucks and you think this this stock not acting fast enough just leave. Don't come here and starting crap.
I know. I'm buying since 0,007 and will buy at least another 100k this week. Prices are still cheap. Once news hits, this can run to 0,1+ in no time.
I got the 0,013
Agreed! That is why I am still a buyer at these levels. We have a real company here with real revenues and a bright future. If people realise that, this stock can go sky high.
We have been busy with planning and recalculating timelines now that we have better definition of the anticipated signature. We did want to thank our shareholders and our stakeholders for the positive response to our update a week or so ago. Based on the work we are doing we should begin to see some ancillary news soon.
This PPA is valued at $ 300 million, most PPA's are for 20 years, so that makes $ 15 million a year.
Maybe this should be made a sticky, so that new investors can see what we are actually dealing with. We are talking about +/- $ 15 million in revenue for the next 20 years, garanteed. Just for one plant, and I think there will be more in the future. As well as other activities.
'The Company entered into a binding Letter of Intent with Grupo IUSA on March 11, 2013. The Company decided to cancel that Letter of Intent on April 4th, 2013 to focus our efforts and limited resources on the Power Purchase Agreement. The Letter of Intent discussion had begun with Versant Corporation in February 2012 and, as time lapsed, it developed too close to the Company approaching its core objective. We may revisit this possibility in the future, once our primary objective of securing a Power Purchase Agreement is in place.'
The only problem with this stock is the more you know about it, the more you want to buy.
I agree. I prefer new investors chasing when news hits instead of buying now and sell into the news.
From Facebook.
'This article is on the newest plant in Nicaragua, just across the border. On the map, go to La Cruz. Cost Rica and go just over the border to Rivas, Nicaragua. Same wind. As an aside, in October of 2011 this deal was offered to us by the original owner- Grupo IUSA from Mexico (sound familiar?). We could not do the deal, we were private, lousy investment bank, etc. Thought the shareholders may want to see the wind potential and how close we were on this one deal. We are ready if any offer is presented in the future should another great deal come our way. Thank you DM.'
I bet we can expect some other deals in the future!
The question was when we get an update, the answer he is working on giving an update this week.
I get the feeling I allready am
I don't post much either, but I am here since january and following this very close. Strange that some people can't appreciate other people doing DD.
Wow, people can't read. On top is the answer. Thanks Brian for the DD
Will be done this week Brian working on details
-----Original Message-----
From: Brian xxxxxxxx [xxxxxxxxxxxxx@msn.com]
Sent: Tuesday, May 21, 2013 9:52 AM
To: peterv2010@live.com
Subject: VDSC
Hey Peter,
Are you still in Greece? When might we hear an update on everything that's
been happening? Please reply.
Thank you.
Brian M.
I think this is one off the rare pinks you should be long. If the deal goes through, I expect new deals in the future. This one has the possibility becoming a billion dollar company in a few years and going to nasdaq. They allready behaving like that. And we are lucky enough to be in it allready.
I was in this when they announced the RM a few months ago ans sold for a nice profit. Got back in last week, but won't sell now. Only buying more if I can!
Me too. We need a little trigger and this one goes off.
It is quite remarkable that no one is selling at these prices. Guess we all know how cheap these shares are right now.
Next month. Read the PR.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=104747
We started yesterday at 0,008. On less then 3kk shares we are at 0,014. What do you think will happen when they announce the $300 million deal and a lot more shares will be traded?
Here we go, 0,013 x 0,014.
No crooks here. Take a look at code of ethics and corporate governance principles.
http://versant.mwnewsroom.com/Investors
That is why I feel lucky to buy shares at these prices!!
And have you ever seen a 0,01 stock involved in a $ 300 million deal?
I think this thing will explode when they announce the 300 million dollar deal. The float is 40 million, so if you have 150 investors with just 250kk shares on average, it's almost locked up. We are at 180 BM's now (investors and potential investors). After the announcement that will rise fast, and so will the PPS.
Looks good. A few more buys and we break a penny.
I was a buyer the last three days. Don't want to miss the action when the news hits the wires
From the website www.cuiwatermelondrink.com
Crisp markets the beverages under the brand name Cu’i (pronounced “swee”) and distributes the products to retail stores, such as Whole Foods, hospitality organizations and restaurants, such as the Hyatt and Marriot Courtyard Hotels and the Flying Biscuit, respectively, and convenience stores, such as at select gas stations. Crisp uses fresh fruit and contracts with an American manufacturer in the United States to produce the beverage products to meet its high quality specifications
and a bottling company in the United States to package the products for sale. Nonetheless, Crisp is planning
to operate its own bottling plant to lower costs of its products, increase quality control and enhance inventory management.
I think it is new on the site, but it is the same adress they used in their filings for the Dutch Chamber of Commerce. It is in the business district in Amsterdam, which is called Zuidas.
As of march 6, there are 494.000.000 shares outstanding.
http://www.otcmarkets.com/financialReportViewer?symbol=VDSC&id=101572
Very possible. We must be very close to hear something from him/them now. Could be any day now.
That was what I first thougt as well, but he doesn't say connecting with the public, but connecting with the public company. Strange. But anyway, I think it isn't bad news, his tweet sounds promising.
Maybe filings are done for T&R and now he has a plan, but before he goes to DIAAF (the public company) with his plan he wants to share it with us (shareholdersuptdate?)
Thanks, fingers crossed.
I think IDVC will see multiple pennys, and maybe more. Why? The company they want to acquire said: All right, we want to go public, but we don't want trouble, so you solve DTC-chill and debt first. That doesn't sound like an start-up company to me, who wants to make money on behalf of the shareholders. It sounds more like a profit-making company that is serious and thinks by going public it can raise capital to grow into a big business. So I wouldn't be surprised if they want to uplist to a higher exchange. We'll see, but I know I will wait for the acquisition.
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NEWS
James Boyd Provides Update for Dry Fried Wing Co.
Date : 02/20/2013 @ 8:00AM
“I would like to take this opportunity to address a number of items relating to our Company’s immediate and long-term objectives. As EEDG’s CEO and President my charge has been to put together a long-range plan for our Company’s future, which will be centered around a full scale franchising program. The Dry Fried Wing product that we have created is undoubtedly one of the best. We are quickly implementing operations and branding strategies that will maximize the marketing and product development work that’s already been created, so that we can fully capitalize on the unlimited opportunities that lie ahead.
“While the long term is paramount, we are in the process of addressing several immediate issues. Currently, I have implemented systems that have greatly tightened our standards and due diligence process for the opening of any future co-branded locations. We will only be partnering and licensing with what we find to be major, synergistic players in our market space. Therefore I am taking the steps necessary to undo the situation that has taken place in The Box in Bethesda, MD and have decided that we will no longer be licensing our Dry Fried Wings to The Box when that restaurant re-opens. I will be carefully reviewing all of our past and future licensing commitments and will take whatever steps are necessary to fully protect our brand at all times.
“We are quickly moving forward on contracting with a co-packer for the manufacture and distribution of all of our proprietary food items including our unique sauces. We are working diligently to develop long-term partnerships with food purveyors, branded paper and sign suppliers, as well as local and national distributors. Quite advantageously, our sales relating to co-branding and licensing have grown towards giving us the volume and presence needed to establish these essential relationships at this critical point in time.
“I am also pleased to announce that the highly anticipated joint opening of Dry Fried Wings within the new American Ale House, located at 335 Fairfield Road, Fairfield, NJ, is scheduled to open next week. I believe the American Ale House is a great new concept that offers our company several avenues for profitable growth. We truly look forward to a great opening and establishing a highly beneficial relationship moving forward.”