FREEDOM 51 !!!!!!!!!!!!!!!!!!!!!!!!
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EXGL very thick on the bid. I'm betting there is quite a bit of upside left next week.
JLHY Management has a significant stake in the company.
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS
The following table sets forth information with respect to the beneficial ownership of the Company's common stock as of July 21, 2003 by:
•
each stockholder known by the Company to beneficially own more than five percent of the common stock;
•
each of the Company's directors;
•
each of the Company's named executive officers; and
•
all directors and executive officers as a group.
The Company has determined beneficial ownership in accordance with the rules of the Securities and Exchange Commission. Unless otherwise indicated, the persons included in this table have sole voting and investment power with respect to all the shares of common stock beneficially owned by them, subject to applicable community property laws. The Company has no options outstanding for inclusion in the calculation of beneficial ownership.
Name of Beneficial Owner (a)
--------------------------------------------------------------------------------
Amount and Nature of
Beneficial Ownership
--------------------------------------------------------------------------------
Percentage of
Outstanding Shares
--------------------------------------------------------------------------------
LDN Stuyvie Partnership 15,216,955 (b) 18.5 %
William T. Comfort III 19,386,955 (c) 23.6 %
David R. Burt 12,510,000 (d) 15.2 %
Charles E. Finelli 610,000 *
Andrew Richard Blair — —
Nicolas De Santis Cuadra — —
Directors and Officers as a group (5 persons) 32,506,955 39.5 %
--------------------------------------------------------------------------------
*
Represents beneficial ownership of less than 1%.
(a)
Information as to the interests of the directors and officers has been furnished in part by them. The inclusion of information concerning shares held by or for their spouses or children or by corporations or other entities in which they have an interest does not constitute an admission by such persons of beneficial ownership thereof. Unless otherwise indicated, the address of each director and officer listed is 2325-B Renaissance Drive, Suite 21, Las Vegas, Nevada 89119. Unless otherwise indicated, all persons have sole voting and dispositive power as to all shares they are shown as owning.
(b)
LDN Stuyvie Partnership is a limited partnership, the sole general partner of which is William T. Comfort III, the Company's Chairman of the Board. The address of LDN Stuyvie Partnership is 30 Cheyne Walk, SW3 5HH London, UNITED KINGDOM.
(c)
Includes the shares held by LDN Stuyvie Partnership, of which Mr. Comfort is the sole general partner.
(d)
Consists entirely of shares held by a family limited partnership, the general partner of which is controlled by Mr. Burt.
JLHY searching for one or more established businesses to acquire and managing
The Company has disposed of all of its operating segments. The Company's activities consist of searching for one or more established businesses to acquire and managing the Company's remaining assets and liabilities. Accordingly, the accompanying consolidated financial statements reflect all the Company's assets and liabilities, results of operations and cash flows as discontinued operations, except for its remaining general and administrative activities which are treated as continuing operations. For the past serveral years, the Company has tried to maximize the assets that it has retained, including old accounts receivable, Medicare receivables and appeals, and tax items and to minimize liabilities retained after the sales of the operating businesses. The Company has made significant progress on these matters. The Company continues to try to collect certain notes, receivables and Medicare appeals and to minimize the few remaining claims against the Company.
FWGO Check out copper prices which are steadily breaking higher only a matter of time until FWGO resumes it's breakout as they get closer to getting financing for their copper project.
http://futures.tradingcharts.com/chart/CP/24
NMCOF a pinkie pos that looks like it's worth a shot. Probably not worth s--t but may be good for a momo on speculation that it may rise from the ashes.......
http://www.stockhouse.ca/bullboards/forum.asp?Symbol=NMCOF&table=LIST
RMMI finished it's 30 minutes of trading now it's back to sleep for a few weeks and then another flurry of small trades and likely another u/t I'm patient I've held on to stocks just like RIMI sometimes it seems forever and then all of a sudden in two weeks their worth 10 - 20 times more. LRSY comes to mind. You just never know the timing.
At least with RMMI you know we are getting closer
BHUS remember this one.........
http://www.investorshub.com/boards/read_msg.asp?message_id=2201923
BHUS volume alert. Looks like we may see a momo shortly. Seems to run early in the year just like clockwork. Looks like their filings are up to date so they may get back on the OTCBB shortly. Plus they just filed a S-8. Looks like all the ingredients are there for a good run.
EXGL just looks like they are overdue for news. They were releasing news on a regular basis and now have had nothing for almost two months
JLHY $209 million in loss carryforwards
J. L. Halsey Corporation, together with its subsidiaries (“Halsey” or the “Company”, sometimes referred to as “we” or “us”), is a company in transition. In response to substantial cuts in reimbursement under the Medicare program in the late 1990’s, Halsey’s predecessor sold all four of its operating businesses to raise cash and succeeded in fully repaying all of its creditors. Today, Halsey has no operating units, and is considering various asset redeployment strategies. The Company’s principal assets include approximately $23 million in cash, net operating loss carryforwards (“NOLs”) of approximately $209 million, and its public company status.
JLHY has over 23 million in cash and looks like more on the way.
Liquidity and Capital Resources
Cash Flows
At September 30, 2003, cash and cash equivalents totaled $23,242,350 compared to $23,219,618 at June 30, 2003.
The Company filed a Federal Income tax carryback claim with the Internal Revenue Service (“IRS”) in July 2003 requesting a refund of approximately $5 million for the tax years ended June 1993 and 1996. The IRS has since performed an audit and review of each of the tax years indicated above. The results of the audit by the IRS indicate that the Company would be entitled to refunds of approximately $5 million. There are further steps in the review process, including a review by the Joint Committee on Taxation of the U.S. Congress (the “Committee”) in accordance with the Joint Committee Statutory Refund Review regulation which requires all refunds or credits in excess of $2 million be approved by the Committee. A final decision is expected in the next several quarters and if the Committee approves the refund, the Company will record a gain in the period it receives approval.
Our primary source of cash was the collection of old accounts receivables and Medicare receivables and appeals related to our discontinued operations and interest income generated by our investment of cash and cash equivalents. We currently have invested our cash and cash equivalents in interest bearing accounts in banks. We expect to continue to have similar holdings exclusively until we choose our new strategic direction
RMMI oooh a few more traded now ask back at .07 but only 1 mm
RMMI bid moved up to .03 and ask comes down again to .05
RMMI trading a few shares. Offer at .05 gone now......... Wonder if mm's will move up the bid
SPCI bid support at .01 now looking at level II it could see .05-.10 easily on any kind of volume
EXGL is due for a P.R.
PCES trade of 6775 at .10. I always wonder what goes through someones mind when they decide what quantity they are going to buy. What's wrong with lots of 5000 or 10000
JLHY .22 x .24 creeping higher
EXGL .022 x .023
SCVWF .27 x .30
EXGL on the move today .014 x .015
EXGL .014 x .015
EXGL u/t
EXGL huge bid support
SCVWF .25 x .30 u/t
EXGL .012 x .014 level II building
SCVWF breaking out and heading higher
Elgin to JV on Rooikraal platinum project
Elgin Resources Inc ELR
Shares issued 6,336,736 Jan 20 close $1.26
Wed 21 Jan 2004 News Release
Mr. Ian Rozier reports
ELGIN ACQUIRES 50% INTEREST IN ROOIKRAAL PLATINUM PROJECT, SOUTH AFRICA
Elgin Resources has entered into a joint venture agreement with Equilibrium
Trading 3 (Pty.) Ltd., whereby the company and Equilibrium will each hold a
50-per-cent participation interest in the Rooikraal platinum project,
Mpumalanga province, the Republic of South Africa.
Rooikraal is situated on the Eastern limb of the Bushveld igneous complex
in South Africa. The property comprises portions of the farms Rooikraal 188
JS and Buffelsvallei 170 JS, and covers an area of 1,024 hectares. The
Rooikraal properties are adjacent to the eastern boundary of Southern Era
Resources' Millennium project and Cluff Mining's Blue Ridge project,
located approximately 160 kilometres east of Pretoria. Access to the
project area is by main road that connects the large towns of Groblersdal
and Stoffberg -- general power and other infrastructure in the region is
good.
The stratigraphy of the area is typical of the well-established Bushveld
critical zone. The UG2 and UG1 chromitite layers and various marker units
are clearly developed, and the thickness and lithology of the UG2
chromitite layer are persistent along strike and down dip. The UG2
chromitite layer in the area as described by Cluff Mining at Blue Ridge
West averages 1.4 metres in thickness (ranging between 0.80 metre and 2.0
metres) and dips at approximately 17 metres concordant with the normal
Bushveld layering. The platinum-palladium ratio of the reef is
approximately 3:1, and rhodium accounts for approximately 9 per cent of the
contained platinum group metals. The area is relatively undisturbed by
faults, dikes, folding, replacement pegmatoid bodies and potholes.
At the adjacent Millennium project, Southern Era has reported an indicated
mineral resource of 30.6 million tonnes UG2 at a grade of 3.76 grams per
tonne (5PGE+Au), representing approximately 3.7 million ounces of platinum
group metals. At the Blue Ridge project, Cluff Mining has reported an
indicated mineral resource of 4.6 million ounces of platinum group metals.
In June, 2003, Cluff Mining reported its submission of a mining licence
application to the Department of Minerals and Energy to authorize
development of a 1.6-million-tonne-per-year operation at Blue Ridge, which
it believes likely to result in a mine producing around 140,000 ounces per
year of six grams per tonne platinum group elements.
The mineral rights to Rooikraal are privately owned, and Equilibrium holds
notarial prospecting agreements to conduct exploration for platinum group
metals contained on the properties, as well as exclusive options to
purchase the mineral rights within two years. As notarial consent holders
of the mineral rights owners, the company has the exclusive right to apply
to the Department of Minerals and Energy for a prospecting permit and the
joint venture partners have agreed to finance exploration on the project to
determine a measured and indicated mineral resource over a period of 18
months following the granting of the prospecting permit.
To earn its interest, Elgin has agreed to finance the exploration costs up
to the determination of a measured and indicated resource, whereafter the
parties will finance the project pro rata to the respective participation
interests.
Initial exploration at Rooikraal will consist of structural interpretation
based on geological mapping supplemented by aerial and geophysical surveys,
including aeromagnetics and detailed gravity, and seismic data acquisition
and interpretation. This will be followed by diamond drilling, assaying and
metallurgical testwork on all reef intersections.
Rooikraal's proximity to the Millennium and Blue Ridge PGM projects, and
the persistence of UG2 along strike and down dip in the area, make
Rooikraal a very prospective target acquisition. The Rooikraal platinum
project is one of several platinum group metal projects in South Africa
being evaluated for acquisition by the company.
(c) Copyright 2004 Canjex Publishing Ltd. http://www.stockwatch.com
Hansa gets TSX-V OK for Courageous Lake acquisition
2004-01-19 10:35 ET - News Release
Mr. Robert d'Artois reports
PURCHASE OF COURAGEOUS LAKE GOLD PROPERTY APPROVED
The TSX Venture Exchange has accepted for filing documentation with respect to a non-arm's-length agreement dated Feb. 19, 2003, in which the company acquired from Rhonda Corporation all its interests in and to the leases and lands located in the Courageous Lake area of the Northwest Territories. In exchange the company issued 8.5 million common shares with a deemed price of 20 cents per share for total deemed consideration of $1,716,221.
Courageous Lake property
The Courageous Lake area contains a historically significant gold belt, with a geological setting similar to other large Archean-hosted deposits such as Hemlo. The main mineralized contact has hosted two mines, the Tundra in the 1960s and the Salmita of Giant Yellowknife in the 1980s. Another significant deposit, the Fat zone, currently held by Seabridge Gold Inc. was estimated by Noranda in 1990 to contain a total unclassified resource of 29.6 million tonnes of 6.2 grams per tonne gold (six million ounces).
The six mineral leases that make up the Courageous Lake property cover approximately half the 50-kilometre-long gold belt. The majority of the coverage starts north of the Fat zone -- past work has identified 14 zones of mineralization including the Bow, Jax and Sour Lake occurrences.
Of these the Bow group is the most advanced, with a program of infill and extension drilling scheduled for 2004. The previous drill program in 1988 tested both geophysical (induced polarization) and geological targets, and led to the discovery of AM North, a shear controlled, arsenopyrite-pyrite-pyrrhotite-gold zone. The steeply dipping zone was traced over a 150-metre strike length to vertical depths ranging between 40 and 180 metres, and true widths from less than one metre to 7.4 metres. Gold values within the zone varied from background to 7.33 grams per tonne over 1.2 metres to 17.10 grams per tonne over 0.3 metre. The zone is open along strike and at depth.
Concurrent with drilling, a program of geochemical and geological prospecting will be carried out along the length of the favourable horizon to prioritize additional drill targets.
WARNING: The company relies upon litigation protection for "forward-looking" statements.
JLHY consolidation looks likes it could be over
NNCO looking at .04
NNCO huge news
GTEL nice news
OFCC .03 x .035
REDI here come the bid-whackers
BHUS S-8 Common Stock 30,000,000 $0.01 $300,000 $27.60
REDI getting some play today
REDI doesn't look like much to be picked up on the cheap
REDI looks like the turd players are starting to look at REDI