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Happy BOD!
This board allows free users to post and discuss ideas. The board that you originally posted your question will probably delete any off topics pretty quickly. For a more detailed explanation as to "why" my e-mail address is in my profile.
I missed the EESO run, but that one can be a pretty good example of a run. Also, look at USSE, a $2,000 investment of 1,000,000 shares on 10/02/06 would have netted $300,000.00 on 10/30/06. Had a person waited more than that, the next trading day it would have been $190,000.00.
http://eresearch.fidelity.com/eresearch/goto/evaluate/quote.jhtml?destination=%2Feresearch%2Fgoto%2Fevaluate%2Fquote.jhtml&symbols=usse
Bottom line: Micro penny stocks sometimes run and can make someone big $$. Unfortunately, there are no guarantees as many don't run that quickly. However, for the cost of a few big board shares that might have a positive return of double digits over time, you could buy into a lotto play and hope for the best. Worst case scenario: It's a tax write off. Just don't get carried away by investing more than you can afford to lose or write off in any one year! See a tax consultant surrounding applicable taxes on capital gains and write offs though.
JMO. GLTY.
-funmaxus
Would like to have an off topic conversation on another board:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35485584
EESO is a recent example of a stock that has gone up despite a bad economy. Assuming you invested 1,000,000 shares where at $0.0004, you would have bagged $30,000.
We are trading post R/S right now. If you had shares prior to the R/S, here is a mathematical breakdown assuming all shares purchased were at $0.0001 for both preferred and non preferred shareholders.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35434234
GLTY.
-funmaxus
Until Capital releases a PR, describing what happened, including the symbol change and R/S ratio, the whole thing is going to be stuck in limbo. Going by what someone previously indicated, the PR will be out tomorrow. Then calculate an average of three business days for brokers to fix what was in your trading account prior to the R/S... Presently, my Zecco account is showing the same: OFONXZ with no change in share count. What it should display is symbol ONCP with a post R/S ratio of 175:1. Waiting for 141 Capital to release that PR.
JMO. GLTA.
-funmaxus
Thank you for the kind words. I have taken a peek at the great board you host from time to time. Right now, I'm still studying options and will take the advice to practice trade options first. Take care.
-funmaxus
Here is a link to CBOE: http://www.cboe.com/
boca_bobby would be better versed at answering more in depth questions than I, but I believe that there are enough forward contracts to make it interesting througout the year. boca_bobby has his own discussion thread dealing with options, but his focus seems more on stocks. Remember Paul is from Texas, and built the first program to assist farmers in the trading of cattle, and then moved to Chicago. So, 141 Capital may focus on this trading arena for awhile as this is where their comfort zone is.
Good luck to all. GO ONCP, 141 CAPITAL!
-funmaxus
141 Capital trades commodities. Of particular interest, is seasonal commodities. The trading program, is capable of performing well in volatile or sideways markets.
Guessing March 1.
The last update included 3rd quarter 2008 data and was added on 12/1/2008. The data is released quarterly.
The last couple of months it has bounced from $0.0001 to $0.0002 several times. Early January it was at $0.0003. Will it move off of $0.0001 again? Probably. Will it move beyond the current range? Not without additional information, which has been the raging debate for some time now. What may move the pps beyond the current range: Pending uplist to an unnamed international exchange in some manner, financials, and share structure as T/A is presently gagged.
RCCH is a holding company and the I-Box details some of the subsidiaries, with another jv and/or subsidiary announcement to be announced within the next couple of weeks. Check the charts, do the dd, and ask questions.
The conclusion I had is that RCCH is undervalued.
Best of luck to you and all longs. GO RCCH!
JMO.
-funmaxus
I have a forum on Zecco which you can ask additional Zecco related trade questions and you won't be limited to how many posts. After you sign into Zecco, click here:
http://www.zecco.com/zeccoshare/groups/Group.aspx?groupid=235#
Best of luck to you and see you there.
-funmaxus
I have Zecco also, and you can find me there with the same handle. It has been awhile since I placed a Market Order with Zecco, luckily most of my Markets went through without any grief. However, the last time I checked, Zecco placed a 20,000 maximum cap on Market Orders with penny stocks. It may be in the terms somewhere.... Best of luck to you!
-funmaxus
Presently IWS is a subsidiary of RCCH. IWS stock isn't presently traded.
GLTY.
-funmaxus
EPA/ETV for IWS
That's Evironmental Protection Agency, Environmental Technology Verification Program for International Wastewater Systems
http://www.epa.gov/nrmrl/std/etv/vt-wqp.html#dwtt
Next, scroll down until you find, " Decentralized Wastewater Treatment Technologies "
Notice: International Wastewater Systems
Model 6000 Sequencing Batch Reactor System (With Coagulation, Sand Filtration, and Ultraviolet Disinfection)
For additional information kindly review:
http://www.nsf.org/business/water_quality_protection_center/pdf/IWS_Statement.pdf
http://www.epa.gov/etv
http://www.epa.gov/nrmrl/std/etv/pubs/600f08012.pdf
http://www.epa.gov/nrmrl/std/etv/verifiedtechnologies.html
GO RCCH! LOOKING FORWARD TO NEXT ANNOUNCEMENT!
JMO. GLTA.
-funmaxus
======================================================================================
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35441883
Posted by: Qone0 Date: Sunday, February 08, 2009 6:16:03 PM
In reply to: mm107 who wrote msg# 57738 Post # of 57820
So I'll ask again what is the IWS EPA registration number?
To Claim EPA approval you must have one.
Agreed. Since I first noticed RCCH, and went long by buying shares last November, I've lost count how many times this has been brought up. All one has to do is go back, read the posts and conduct some due diligence. Before I purchased my first share, I read several months worth of posts. Most importantly, I didn't continue to hammer away at the same information discussed previously. I made a decision and purchased. If I don't decide to buy a share, I leave.
Which reminds me, checking the calendar....
FROM NYU, LIVE ON TV, ANOTHER MAJOR ANNOUNCEMENT!
GO RCCH! GO LONGS!
-funmaxus
========================================================================
Posted by: ghcnj Date: Sunday, February 08, 2009 5:42:31 PM
In reply to: mm107 who wrote msg# 57702 Post # of 57766
Why explain anything about RCCH ??? If people were so great at DD as they claim they would have noticed different addresses, CIK numbers, and listed sectors right away. This has also been discussed here on the RCCH board in the past.
...And the state is?
Hmm, FINRA involvement needed to get to OTC...
How do the Pink Sheets differ from the OTCBB?
Pink Sheets and the OTCBB are competing quotation services for OTC securities. Pink Sheets is a privately owned company, while NASDAQ operates the OTCBB. Unlike the OTCBB, issuers do not have to be fully reporting companies with the Securities and Exchange Commission (SEC) to be quoted on Pink Sheets. The Pink Sheets' OTC Dealer provides market makers with dynamic tickers and quote montages and an electronic trade negotiation system, while the OTCBB does not provide this functionality
http://www.pinksheets.com/pink/faq.jsp#8
Overview and History of the OTCBB
http://www.otcbb.com/aboutOTCBB/overview.stm
OTC FAQ:
http://www.otcbb.com/faqs/otcbb_faq.stm#Listing
SEC Filings & Forms
http://www.sec.gov/edgar.shtml
FINRA OTC Compliance Unit 240-386-5100
Filing a Form 211
Check the status of a Form 211
Mail 211 Applications to:
Financial Industry Regulatory Authority
OTC Compliance Unit
9509 Key West Avenue
Rockville, MD 20850
===========================================================================
Posted by: MuchCompensation Date: Friday, January 23, 2009 3:59:00 PM
In reply to: mrgecko who wrote msg# 9654 Post # of 10346
You guys are killing me with anticipation. Kinda.
Having said that, a dead company would not be changing a symbol at this stage IMO.
If anyone has any spare time, I would suggest looking into FINRA.
Don't ask me what it means, it was just something I heard.
MC
jonnyfiber,
My understanding of reading many of the numerous links you previously provided,
is that in order to presently buy stock in the shell, and just right after an
announcement is made, you need to be a hoser from Canada eh? If you are south
of the Great White North, then the best you can do is go for the squeeze, and
right now, I'm holdin and squeeeezing a few shares in my tight fist!
Your thoughts?
JMO. GLTA.
-funmaxus
=============================================================================
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35437403
Posted by: johnnyfiber Date: Sunday, February 08, 2009 11:58:20 AM
In reply to: ManOfSteel who wrote msg# 57573 Post # of 57586
ManOfSteel.
Maybe we do.
Sent By: johnnyfiber To: Rdavido Date:2/7/2009 12:11:12 PM
CPVC Bromont has 1,960,000 shares outstanding. RCC/IWS has 1,000,000 shares authorized. "IF" RCC/IWS was to use Hess's CPC...what would be a better investment?
RCCH or BBB.P (CPVC Bromont's ticker)?
http://investorshub.advfn.com/boards/read_pmsg.asp?message_id=35426277
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35421075
Let me ask you a few questions.
Q. Why do you claim that they have a profitable quarter?
A. Money is coming from somewhere. No dilution in over six months.
Q. Why do you say they will be a BB on Monday?
A. Presently the new symbol shows the BB. While 141 may not be on OTC BB as of Monday, it wouldn't surprise me if
they started to become a fully reporting company very soon.
Q.Not a single official filing, no figures and you make such statements.(In reference to the 120M share transaction
between XXIS and SPZI).
A. That's right! There hasn't been another mention since the 2007 consolidated financial statement detailing the
transaction. A material event related to this stock would have been detailed in a subsequent filing. This transaction,
until nulified between the two parties is still effective. The question being raised is where is this stock and how
much still remains. Your question confirms the point that nukuhiva raised. Nice try though.
Statement: This is totally misleading!
Response: I'm pleased you take responsibility for misleading statements, comments and circular questions.
GO 141 CAPITAL!
-JMO. GLTA.
LOL! Now that's funny!
141 Capital purchased a shell, with trading symbol XXIS
The company name never displyaed correctly. A preferred share offer ocurred with no R/S to the common shares that chose not to participate! http://www.141capital.com/pdfs/Offer_to_Exchange_Common_Stock_10-09-08.pdf
After the preferred share offering ended, the symbol changed from XXIS to OFON, but no R/S with the common shareholder!
Monday, February 9, 2009, there will be a R/S for 175:1 with a symbol change from OFON to OFCP.
Whew. Hope that helped make an informed investment decision!
-funmaxus
Here is another explanation.
For the shareholder who chose not to convert common shares to preferred shares:
Breakeven = 0.0175
To obtain same dollar return: 0.175
To obtain same percentage return: 0.117
First, a review of the offer:
http://www.141capital.com/pdfs/Offer_to_Exchange_Common_Stock_10-09-08.pdf
The terms of the offer are as follows. For each one thousand (1,000) shares of the Company’s Common Stock
tendered in the exchange you will receive one share of the Company’s Series B Preferred Stock. A Shareholder
must tender at least 1,000,000 shares of Common Stock to qualify to take part in this exchange offer
Illustrations of conversion rights:
(a) Assume you hold 1,000 shares of Series B Preferred Stock. Assume further that the market bid of the Common
Stock is $.50 per share. Because you have the right to purchase these shares at a 20% discount, your cost per
share on conversion is $.40. The number of shares of Common Stock which you can receive upon conversion will be
2,500 ($1,000 divided by $.40 per share).
(b) Assume you hold the same 1,000 shares of the Series B Preferred Stock. Assume further that the market bid of
the Common Stock is $0.05 per share. After your 20% discount, the number of shares of Common Stock which you
can rec$eive upon conversion will be 25,000 ($1,000 divided by $0.04 per shares).
================================================================================================================
The breakeven point for common sharehoders who chose not convert from commont to preferred will be: $0.0175
Quantity of 1,000,000 shares purchased at $0.0001
R/S at 175:1
1,000,000 / 175 = 5714
5714 x 0.0175 = 100 (rounded)
================================================================================================================
Now, to obtain the same equivalent dollar return as those who chose to convert the share
price will need to be: $0.175 for a 800.41% return
Common to Preferred:
Quantity: 1,000,000.00 shares x $0.0001 =$100.00
100.00
9.95 Broker Commission for sale
50.00 Broker certificate fee
5.00 Mailing cost
164.95 Total
Shareholder now has 1000 shares valued at $1.00 each or $1,000. A discount of 20% on share price when conversion from preferred to common.
Shareholder decides to sell. The value does not change, only the quantity. Rate of return will always be 500.21%
Therefore:
1000.00
-9.95
990.05
Calculating for rate of return:
( 990.05 - 164.95 ) / 164.95 = 500.21%
Common shareholder who chose not to convert from common to preferred will have to sell at $.175 in order
to obtain a similar dollar return:
Using the same data: 1,000,000 shares purchased at $0.0001
$100.00 Calculated as 1,000,000.00 x $0.0001
9.95 Broker Commission for sale
$109.95 Total
Common shares are then R/S at 175:1 therefore leaving 5714 shares, if 1,000,000 shares purchased.
5714 x $.175 = $999.95
$999.95
-9.95
990.00
( 990.00 - 109.95 ) / 109.95 = 800.41%
================================================================================================================
To obtain the same equivalent percentage rate of return, the share price will need
to be: $.1172
As explain previously, the maximum rate of return for the shareholder who chose to convert common to
preferred shares is 500.21%
In order to obtain a similar rate of return, based on the same 1,000,000 originally purchased at 0.0001
after R/S of 175:1, then,
5714 x .117 = $668.54
Given the same fee of $9.95, then:
( 668.54 - 109.95 ) / 109.95 = 498.99%
================================================================================================================
For Zecco, no commision transactions, given a $50.00 certificate fee and a $5.00 mail fee:
For shareholders that chose to convert from common to preferred: a 545.16% return
In order to obtain the same percentage rate of return, the shareprice will need to be .113
Comparison of non zecco to zecco: shareprice will need to be .109 for a 522.83% return
================================================================================================================
Oh the irony of it all, for all the longs!
a)Those who converted in full
b)Those who partially converted
c)Those who didn't convert at all
Now the board is going to be all mixed up and turned upside down as people are going to pump who never did
before and some will bash that never did before! And why? Because each chose a different conversion ratio!
Bobby + MC, et tu brut?
Of all the R/S this one is already turning out far more entertaining.
GO 141 CAPITAL!
JMO. GLTA.
Hello Kramer,
Good to see a Golden here! Quick read:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35423373
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35426067
Hey Bobby,
Think we might get a small lift from the action going on at OFON/ONCP? Or do we still have to wait until 2010?
My thoughts:
1. If the algo modules next door can be set on "auto-pilot" then running that business may become rather boring to the crew.
2. Therefore, we might begin to see some Loooovvveee back here for the ugly step sister. Reasons:
a)After the trading results are announced, and new investors begin to dd Capital, they are going to bump into this, "WE USE SPOOZ."
b)I had CNBC on, left for awhile and came back with "Fast Money" still on. Just before changing the channel, Pete Najarian made an interesting point about all this pay cap talk and said basically, bring it on! He indicated that many will leave and start their own shop somewhere else... Hmm they will need software. Can't ask for better timing. Gotta get the links on the Spooz website fixed to sell to retail...
c)If for no other reason, so many possibilities have yet to be opened up with Spooz.
3. No one has really dug into this, but that XXIS/SPZI stock transaction may not have a R/S involved, thus Paul will have some potential play money again. (uh oh).
4. See prior prediction: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34693237
At this point we are now entering week 5. Very much looking forward to the consolidated financial statement for 2008 and then compare it against 2007 for any Spooz clues.
What are we waiting for?
#1. Capital 141 to finish conversion, counting shares, and then a re-count. (Assuming) Done
#2. PR explaining current share structure on Capital 141. Still waiting
#3. Capital 141 providing a PR explaining trading results. Done, very nice btw.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35422556
#4. Consolidated financials released for Capital 141 and Spooz. Still Waiting.
5. Assuming NO R/S for SPZI: (Going by memory here from a previous discussion on potential R/S for SPZI. I think the link is found in the I-Box somewhere) No R/S for SPZI. A pop may indeed happen very soon for SPZI. I believe that SPZI isn't going to just sit there getting moldy. Gotta get that chart looking pretty again.
Previews of 2010 may be just around the corner.
JMO. GLTA.
OFON Released Trade Results On Barclays.com
Presently Ranked #1, as of Friday, February 6, 2009
YTD: 11.61%
Comp Ann: 273.63%
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35422556
Note: OFON then issued a reverse split 1:175 effective 02/09/09.
OFON is now ONCP
http://otcbb.com/asp/dividend.asp?sym_id=OFON&dDate=2/9/2009&sDateType=ex_date
Capital 141 previously offered a 1:1000, common to preferred share, with each
preferred share valued at $1 per share. Three month wait to convert back.
Discount to convert preferred back to common. Common to Preferred share offer
now closed.
OFON is Pink
ONCP presently showing BB.
OFON/ONCP uses Spooz trading software, trade symbol: SPZI
As of Friday, February 6, 2009:
OFON closed: $0.0001
SPZI closed: $0.0001
Official PR from Capital 141, symbol: OFON soon to be ONCP detailing
trade results and change in symbol hasn't been issued.
Also pending: 3Q + 4Q financials, along with official O/S and A/S after previous common to preferred share offer.
Do what you want within your limits. A few longs are holdin out for more than mere chump change however.
Yep, BB stock.
Question: Does the return shown on Barclays include any maintenance or trade fee? If so, excellent work.
The cash reference?
(e) The minimum total amount of Seed Capital raised by the CPC through the issuance of the Seed Shares must be equal to or greater than $100,000. .The amount of Seed Share Capital raised by Seed Shares issued at less than the IPO price can be no greater than $500,000. The minimum Seed Capital contribution must be contributed by directors and officers of the CPC or trusts or holding companies controlled by these directors or officers. Control can be demonstrated by ownership of 50% or more of the outstanding voting securities or in the case of a trust, beneficial interest in the trust. Seed Capital contributions made by trusts or holding companies will be pro rated on the basis of the percentage of ownership or beneficial interest held by the applicable directors or officers or immediate family members or such directors and officers. Each director and officer of the CPC or their respective trust (or holding company) must subscribe for Seed Shares for an aggregate consideration of at least $5000. Seed Share subscriptions by others will only be permitted after this initial $100,000 has been contributed.
http://www.tsx.com/en/pdf/Policy2-4.pdf
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35416390
Speculation, or did Big Bird, s p e l l -i t- o u t?
You forgot the discount on conversion back from preferred to conversion.
How many restricted shares?
Well, this goes back to the argument over the preferred share offering and the new price per share and whether it would be worth converting your shares. I expected a R/S for those who chose not to convert. Now I'm sure there will be a new set of arguments and calculators buzzing to determine if whether converting to preferred was worth it.
The twins both use the same accountant and have been reporting at the same time, which appears to be more of a cash conservation strategy. Hopefully, 3Q and 4Q will get released shortly through a consolidated year end statement and then both companies get back on track to regular reporting. Otherwise, no one will take the companies seriously with Stop Signs on Pink Sheets.
JMO. GLTA.
OMG! I almost fell off my chair and my heart stopped beating! I guess they are going to Florida, to Disney World! Fantastic news! Weeeeeeeee.
Yes, that is correct. Two seperate share structures. IWS is not traded.
Please make comments regarding the following set of statements for clarification.
1. RCCH has its own set of Board of Directors.
2. IWS, a subsidiary of RCCH, now has its own set of Board of Directors and/or is in the process of establishing a board of directors, and this information was released last week in a PR.
3. The PR released one week ago with respect to IWS, contained two errors, which has since been corrected yesterday in a PR:
a) Slightly incorrect information regarding the bio of Mr. Hess, with respect to his prior affiliation of an exchange.
b) The term, "uplisting" was used incorrectly as the word; "merger" should have been used.
4. To date, the word "uplisting" in conjunction with RCCH has never been subsequently corrected.
5. A spinoff of IWS, would create a dividend for existing RCCH shareholders of record, and thus would theoretically increase the value of RCCH.PK shares.
6. There are numerous subsidiaries under RCCH, with some yet to be announced.
7. An increase in the price per share of RCCH, will assist RCCH in uplisting to a as of yet, unnamed international exchange.
Finally, my personal commentary: I read every post with the exception of the posts that were deleted. I wasn't able to understand why a number of longs claimed to have departed and/or lost faith over a PR that attempted to clarify and correct information previously provided. Therefore, I chose not to sell and at present, I'm still long and will remain long.
JMO. GLTA.
Yes. But I'd much rather buy a gagged T/A stock than try to kiss a bear. Like your handle though. Good luck to you.
I do not trust anything G.S. says.
Thanks MC for not deleting the comedy relief. I don't normally post on OFON, but I'm getting a bit anxious and hopeful for positive results and still occassionally pick a few crumbs up every now and then. Good luck to you and all.