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MAGR 0.165 +0.016 (+10.74%) 0.164 0.169 1,611,880
Decent numbers for Turkey week.
John
Welcome back, Obewan........
Happy TurkeyDay....!!
John
Yemen Arrests Leading al-Qaida Member
Yemen Arrests Leading al-Qaida Member, Suspected Mastermind of Attacks on USS Cole, French Tanker
The Associated Press
SAN`A, Yemen Nov. 26 — Yemeni security forces captured a man described as one of the country's top al-Qaida leaders and the suspected mastermind of the suicide bombing of the USS Cole, after surrounding his hide-out west of the capital.
Witnesses said security forces fired in the air to force Mohammed Hamdi al-Ahdal to surrender Tuesday near San'a.
http://abcnews.go.com/wire/World/ap20031126_110.html
I'll get back to you on that just as soon as I catch another field mouse.
In the meantime, please let us know what you're able to discover using your methods.
John
skunks,
Like you, I subscribe to the QBID eNail Tactical Leak Hotline, monitor the Palm Springs court dockets, occasionally peer into the Crystal Ball I purchased from Tiger Woods girlfriend in New Orleans, and I have become quite adept at reading the entails of field mice using my Merlin's Ancient Alchemist's Book of Spells and Incantations.
It's a little more work intensive than DD'g a reporting company that files information with the SEC and communicates with its shareholders, but it's been pretty accurate so far. It also helps to go barefoot and wear an orange robe.
".....OMmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm..........
John
FYI: Per a post on RB, Ameritrade has made a business decision to no longer trade low priced high volume common stocks, including iVoice's common stock. It appears that due to recent revisions in the NASD fee structure charged to brokers, Ameritrade has found that trading in high volume low priced stocks is no longer profitable and has decided to phase-out trading in these stocks.
Presently, Ameritrade will continue to execute sell orders of iVoice stock held by its customers, but will not execute new buy orders. iVoice recommends that investors move their accounts.
***************************
Nay I suggesst http://www.rjt.com - with whom I a well pleased.
John
FYI: Per a post on RB, Ameritrade has made a business decision to no longer trade low priced high volume common stocks, including iVoice's common stock. It appears that due to recent revisions in the NASD fee structure charged to brokers, Ameritrade has found that trading in high volume low priced stocks is no longer profitable and has decided to phase-out trading in these stocks.
Presently, Ameritrade will continue to execute sell orders of iVoice stock held by its customers, but will not execute new buy orders. iVoice recommends that investors move their accounts.
***************************
Nay I suggesst http://www.rjt.com - with whom I a well pleased.
John
Jack Anderson Alleges Naked Shorting Used by Terrorists, Money Launderers
Nov 25, 2003 (financialwire.net via COMTEX) -- (FinancialWire) Nationally syndicated columnist Jack Anderson has raised the bar on the debate over naked short selling to a new level by alleging that the practice has been used by terrorists and international money launderers while the U.S. Securities and Exchange Commission has been silent.
Anderson writes for the United Feature Syndicate, a unit of EW Scripps Co. (NYSE: SSP). The national scandal has embroiled some 119 companies, including at least 13 brokers, such as Olde / H&R Block (NYSE: HRB), and Charles Schwab (NYSE: SCH), Toronto-Dominion's (NYSE: TD), TD Waterhouse Group.
Anderson said that despite the fact the SEC has introduced proposed Regulation SHO to deal with the issue, "the bad guys have gotten worse."
The SEC is saying that naked short sellers "are manipulating the stock market," notes Anderson, "and they are manipulating the stocks they select in a negative direction. Typically, they pick on smaller, underfinanced companies that rely upon their stock prices to raise capital."
He stated that "it is increasingly being claimed in lawsuits and courts that naked short sellers include terrorists and other criminal elements, who use the method to launder money. It is perhaps this aspect of the activity that has alarmed the authorities. What is going to alarm them even more is the extent of the practice and the billions of dollars it has cost investors and companies.
"Naked Short Selling can have a number of negative effects on the market, particularly when the fails to deliver persist for an extended period of time and result in a significantly large unfulfilled delivery obligation at the clearing agency where trades are settled. Naked short sellers also enjoy greater leverage than if they were required to borrow securities and deliver within a reasonable time period and they may use this additional leverage to engage in trading activities that deliberately depress the prices of the security."
Anderson points out that in normal, legal short selling, "a stock is borrowed and sold in the hope that a stock price will decline. At some point the short seller buys the stock back, which is called covering, and delivers it back to the source that loaned it to him or her."
But in naked short selling, Anderson explains that stock "is shorted ' sold ' but not borrowed, so no stock
is delivered to the purchaser ' no physical stock, that is. What the purchaser receives is an electronic notification instead."
Anderson said that the public has until January 5, 2004 to submit comments, and he encouraged people to "let the SEC know what they think about the criminal manipulation of our stock markets.
"This is a larger issue than they know," he exclaimed, ominously.
Regulation SHO is the subject of a comment period at www.sec.gov/rules/proposed/34-48709.htm .
Some thirteen on the list of 119 companies, A.G. Edwards, Inc. (NYSE: AGE), Ameritrade Holding Corp. (NASDAQ: AMTD), Deutsche Bank AG (NYSE: DB), E*Trade Group, Inc. (NYSE: ET), FleetBoston (NYSE: FBF), Goldman, Sachs & Co. (NYSE: GS), Knight Securities, LP (NASDAQ: NITE), Ladenburg Thalmann & Co., Inc. (AMEX: LHS), M. H. Myerson & Co., Inc. (NASDAQ: MHMY), Olde / H&R Block (NYSE: HRB), Charles Schwab (NYSE: SCH), Toronto-Dominion's (NYSE: TD), TD Waterhouse Group and vFinance, Inc. (OTCBB: VFIN), have been accused by one or more public companies as allegedly participating in short selling activities or abuses, or of failing to settle trades.
During discussions about the proposed new rule, which would make it illegal for anyone to sell a company's shares short without having first finding stock that can be delivered within two days, the Commissioners sharply disagreed with the staff that the accompanying new "rising bid" rule could not be applied equally to over-the-counter stocks.
The staff was insistent that OTC and OTCBB stocks do not have reliable consolidated prices, but the Commissioners, including Chairman William Donaldson, implored the staff to try harder, and suggested that public commentators "may help us find a solution."
The proposed rule states that if a broker or an investor fails to deliver within two days after the settlement date, the account of that firm or individual will effectively be unable to short sell that stock for 90 days.
Critics already disagree with that, believing that it should be the brokers and dealers who "assist" the short selling process who should be banned from short selling if their firm is in violation.
Since the proposed rule will effect short selling outside the U.S. as well as within the borders, the biggest campground for manipulative traders, Canada, would be sharply curtailed.
Staff said that in 1999 when short selling was last examined, the SEC got over 2,000 comments. The upcoming 60-day comment period could see that record broken.
The SEC said that comments should be sent by hard copy or e-mail, but not by both methods. Comments sent by hard copy should be submitted in triplicate to Jonathan G. Katz, Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609.
Comments also may be submitted electronically at the following E-mail address: rule-comments@sec.gov. All comment letters should refer to File No. S7-23-03. Comments submitted by e-mail should include the file number in the subject line. Comment letters received will be available for public inspection and copying in the Commission's Public Reference Room, 450 Fifth Street, NW, Washington, DC 20549. Electronically submitted comment letters will be posted on the Commission's Internet web site (www.sec.gov).
Observers have said that trades to not settle because broker-dealers do not effect buy-ins, as required by law, and that there is an unspoken understanding that any brokerage that tries to force a buy-in will be retaliated against.
Some 106 companies among the 119 named to date have issued press releases or been named in the media as having been victimized, or as taking various actions, either alone or in concert with other companies, to oppose manipulative trading in the form of illegal naked short selling. The actions have ranged from lawsuits to withdrawals and threatened withdrawals from the electronic trading system managed by the Depository Trust & Clearing Corp., to withdrawals from toxic financings, to the issuance of dividends or name changes designed to squeeze manipulators, to joining associations or networks or to contacting regulatory authorities to provide documentation of abuses or otherwise complain.
The complete list of those 106 companies include Advanced Viral Research Corp. (OTCBB: ADVR), AdZone Research, Inc. (OTCBB: ADZR), Amazon Natural Treasures (OTC: ANTD), America's Senior Financial Services (OTCBB: AMSE), American Ammunition, Inc. (OTCBB: AAMI), AngelCiti Entertainment (OTCBB: AGLC), ATSI Communications, Inc. (OTC: ATSC), Federal Agricultural Mortgage / Farmer Mac (NYSE: AGM) Allied Capital (NYSE: ALD), American Motorcycle (OTC: AMCYV), American International Industries (OTCBB: AMIN), Ameri-Dream (OTC: AMDR), Adirondack Pure Springs Mt. Water Co. (OTCBB: APSW), Bluebook International (OTCBB: BBIC), Blue Industries (OTCBB: BLIIV), Bentley Communications (OTCBB: BTLY), BIFS Technologies Corporation (OTCBB: BIFT), Biocurex (OTCBB: BOCX). Broadleaf Capital Partners, Inc. (OTCBB: BDLF), Chattem, Inc. (NASDAQ: CHTT), Critical Home Care (OTCBB: CCLH), Composite Holdings (OTC: COHIA), CyberDigital, Inc. (OTCBB: CYBD). Diamond International Group (OTCBB: DMND), Dobson Communications Corp. (NASDAQ: DCEL), Eagle Tech Communications (OTC: EATC), Edgetech Services (OTCBB: EDGH);
Also, Endovasc Ltd. (OTCBB: EVSC), Enviro-Energy Corporation (OTCBB: ENGY), Environmental Products & Technologies (OTC: EPTC), EPIXTAR Corp. (OTCBB: EPXR), eResearchTechnologies, Inc. (NASDAQ: ERES), Flight Safety Technologies (OTCBB: FLST), Freddie Mac (NYSE: FRE), FreeStar Technologies (OTCBB: FSRCE), Geotec Thermal Generators, Inc. (OTCBB: GETC), Genesis Intermedia (OTC: GENI), GeneMax Corp. (OTCBB: GMXX), Global Explorations Inc (OTC: GXXL), Global Path (OTCBB: GBPI), GloTech Industries, Inc. (OTCBB: GTHI), Green Dolphin Systems (OTCBB: GLDS), Group Management (OTCBB: GPMT), Hop-On (OTC: HPON), H-Quotient, Inc., (OTCBB: HQNT), Hyperdynamics Corp. (OTCBB: HYPD), International Biochem (OTCBB: IBCL), Intergold Corp. (OTCBB: IGCO), International Broadcasting Corporation (OTCBB: IBCS), InternetStudios, Inc. (OTCBB: ISTO), ITIS Holdings (OTCBB: ITHH), Investco Corp. (OTCBB: IVCO), Lair Holdings (OTC: LAIR), Lifeline BioTechnologies Inc. (OTC: LBTT), Life Energy & Technology (OTCBB: LETH), MBIA (NYSE: MBI);
Also, MegaMania Interactive (OTC: MNIA), MetaSource Group, Inc. (OTCBB: MTSR), Midastrade.com (OTC: MIDS), Make Your Move (OTCBB: MKMV), Medinah Minerals (OTC: MDMN), MSM Jewelry Corp. (OTC: MSMC), Nanopierce Technologies, Inc. (OTCBB: NPCT), Nutra Pharmaceutical (OTCBB: NPHC), Nutek (OTCBB: NUTK), Navigator Ventures (OTC: NVGV), Orbit E-Commerce, Inc. (OTCBB: OECI), Pitts & Spitts (OTC: PSPP), Sales OnLine Direct (OTCBB: PAID), Pacel Corp. (OTCBB: PACC), PayStar Corporation (OTC: PYST), Petrogen Corp. (OTCBB: PTGC), Pinnacle Business Management (OTC: PCBM), Premier Development & Investment, Inc. (OTCBB: PDVN), PrimeHoldings.com, Inc. (OTC: PRIM), Phlo Corporation (OTCBB: PHLC), Resourcing Solutions (OTC: RESG), Reed Holdings (OTC: RDHC), Rocky Mountain Energy Corp. (OTCBB: RMECE), RTIN Holdings (OTCBB: RTNHE), Saflink Corp. (NASDAQ: SFLK), Safe Travel Care (OTCBB: SFTVV), Sedona Corp. (OTCBB: SDNA);
Also, Sionix Corp. (OTCBB: SINX), Sonoran Energy (OTCBB: SNRN), Starmax Technologies (OTC: SMXIF), Storage Suites America (OTC: SSUA), Suncomm Technologies (OTC: STEH), Sports Resorts International (NASDAQ: SPRI), Technology Logistics (OTC: TLOS), Swiss Medica, Inc. (OTCBB: SWME), Ten Stix, Inc. (OTCBB: TNTI), Tidelands Oil (OTCBB: TIDE), Titan Construction (OTC: TTCS), Trezac Corp. (OTCBB: TRZAV), Universal Express, Inc. (OTCBB: USXP), Valesc Holdings, Inc. (OTCBB: VLSHV), Vega Atlantic (OTCBB: VGAC), Viragen (AMEX: VRA), Viragen International (OTCBB: VGNI), Vista Continental Corporation, (OTCBB: VICC), Viva International (OTCBB: VIVI), Vtex Energy (OTCBB: VXENE) and Wizzard Software (OTCBB: WIZD), WorldTradeShow.com (OTC: WTSW) and Y3K Secure Enterprise Software, Inc. (OTCBB: YTHK).
Jack Anderson Alleges Naked Shorting Used by Terrorists, Money Launderers
Nov 25, 2003 (financialwire.net via COMTEX) -- (FinancialWire) Nationally syndicated columnist Jack Anderson has raised the bar on the debate over naked short selling to a new level by alleging that the practice has been used by terrorists and international money launderers while the U.S. Securities and Exchange Commission has been silent.
Anderson writes for the United Feature Syndicate, a unit of EW Scripps Co. (NYSE: SSP). The national scandal has embroiled some 119 companies, including at least 13 brokers, such as Olde / H&R Block (NYSE: HRB), and Charles Schwab (NYSE: SCH), Toronto-Dominion's (NYSE: TD), TD Waterhouse Group.
Anderson said that despite the fact the SEC has introduced proposed Regulation SHO to deal with the issue, "the bad guys have gotten worse."
The SEC is saying that naked short sellers "are manipulating the stock market," notes Anderson, "and they are manipulating the stocks they select in a negative direction. Typically, they pick on smaller, underfinanced companies that rely upon their stock prices to raise capital."
He stated that "it is increasingly being claimed in lawsuits and courts that naked short sellers include terrorists and other criminal elements, who use the method to launder money. It is perhaps this aspect of the activity that has alarmed the authorities. What is going to alarm them even more is the extent of the practice and the billions of dollars it has cost investors and companies.
"Naked Short Selling can have a number of negative effects on the market, particularly when the fails to deliver persist for an extended period of time and result in a significantly large unfulfilled delivery obligation at the clearing agency where trades are settled. Naked short sellers also enjoy greater leverage than if they were required to borrow securities and deliver within a reasonable time period and they may use this additional leverage to engage in trading activities that deliberately depress the prices of the security."
Anderson points out that in normal, legal short selling, "a stock is borrowed and sold in the hope that a stock price will decline. At some point the short seller buys the stock back, which is called covering, and delivers it back to the source that loaned it to him or her."
But in naked short selling, Anderson explains that stock "is shorted ' sold ' but not borrowed, so no stock
is delivered to the purchaser ' no physical stock, that is. What the purchaser receives is an electronic notification instead."
Anderson said that the public has until January 5, 2004 to submit comments, and he encouraged people to "let the SEC know what they think about the criminal manipulation of our stock markets.
"This is a larger issue than they know," he exclaimed, ominously.
Regulation SHO is the subject of a comment period at www.sec.gov/rules/proposed/34-48709.htm .
Some thirteen on the list of 119 companies, A.G. Edwards, Inc. (NYSE: AGE), Ameritrade Holding Corp. (NASDAQ: AMTD), Deutsche Bank AG (NYSE: DB), E*Trade Group, Inc. (NYSE: ET), FleetBoston (NYSE: FBF), Goldman, Sachs & Co. (NYSE: GS), Knight Securities, LP (NASDAQ: NITE), Ladenburg Thalmann & Co., Inc. (AMEX: LHS), M. H. Myerson & Co., Inc. (NASDAQ: MHMY), Olde / H&R Block (NYSE: HRB), Charles Schwab (NYSE: SCH), Toronto-Dominion's (NYSE: TD), TD Waterhouse Group and vFinance, Inc. (OTCBB: VFIN), have been accused by one or more public companies as allegedly participating in short selling activities or abuses, or of failing to settle trades.
During discussions about the proposed new rule, which would make it illegal for anyone to sell a company's shares short without having first finding stock that can be delivered within two days, the Commissioners sharply disagreed with the staff that the accompanying new "rising bid" rule could not be applied equally to over-the-counter stocks.
The staff was insistent that OTC and OTCBB stocks do not have reliable consolidated prices, but the Commissioners, including Chairman William Donaldson, implored the staff to try harder, and suggested that public commentators "may help us find a solution."
The proposed rule states that if a broker or an investor fails to deliver within two days after the settlement date, the account of that firm or individual will effectively be unable to short sell that stock for 90 days.
Critics already disagree with that, believing that it should be the brokers and dealers who "assist" the short selling process who should be banned from short selling if their firm is in violation.
Since the proposed rule will effect short selling outside the U.S. as well as within the borders, the biggest campground for manipulative traders, Canada, would be sharply curtailed.
Staff said that in 1999 when short selling was last examined, the SEC got over 2,000 comments. The upcoming 60-day comment period could see that record broken.
The SEC said that comments should be sent by hard copy or e-mail, but not by both methods. Comments sent by hard copy should be submitted in triplicate to Jonathan G. Katz, Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609.
Comments also may be submitted electronically at the following E-mail address: rule-comments@sec.gov. All comment letters should refer to File No. S7-23-03. Comments submitted by e-mail should include the file number in the subject line. Comment letters received will be available for public inspection and copying in the Commission's Public Reference Room, 450 Fifth Street, NW, Washington, DC 20549. Electronically submitted comment letters will be posted on the Commission's Internet web site (www.sec.gov).
Observers have said that trades to not settle because broker-dealers do not effect buy-ins, as required by law, and that there is an unspoken understanding that any brokerage that tries to force a buy-in will be retaliated against.
Some 106 companies among the 119 named to date have issued press releases or been named in the media as having been victimized, or as taking various actions, either alone or in concert with other companies, to oppose manipulative trading in the form of illegal naked short selling. The actions have ranged from lawsuits to withdrawals and threatened withdrawals from the electronic trading system managed by the Depository Trust & Clearing Corp., to withdrawals from toxic financings, to the issuance of dividends or name changes designed to squeeze manipulators, to joining associations or networks or to contacting regulatory authorities to provide documentation of abuses or otherwise complain.
The complete list of those 106 companies include Advanced Viral Research Corp. (OTCBB: ADVR), AdZone Research, Inc. (OTCBB: ADZR), Amazon Natural Treasures (OTC: ANTD), America's Senior Financial Services (OTCBB: AMSE), American Ammunition, Inc. (OTCBB: AAMI), AngelCiti Entertainment (OTCBB: AGLC), ATSI Communications, Inc. (OTC: ATSC), Federal Agricultural Mortgage / Farmer Mac (NYSE: AGM) Allied Capital (NYSE: ALD), American Motorcycle (OTC: AMCYV), American International Industries (OTCBB: AMIN), Ameri-Dream (OTC: AMDR), Adirondack Pure Springs Mt. Water Co. (OTCBB: APSW), Bluebook International (OTCBB: BBIC), Blue Industries (OTCBB: BLIIV), Bentley Communications (OTCBB: BTLY), BIFS Technologies Corporation (OTCBB: BIFT), Biocurex (OTCBB: BOCX). Broadleaf Capital Partners, Inc. (OTCBB: BDLF), Chattem, Inc. (NASDAQ: CHTT), Critical Home Care (OTCBB: CCLH), Composite Holdings (OTC: COHIA), CyberDigital, Inc. (OTCBB: CYBD). Diamond International Group (OTCBB: DMND), Dobson Communications Corp. (NASDAQ: DCEL), Eagle Tech Communications (OTC: EATC), Edgetech Services (OTCBB: EDGH);
Also, Endovasc Ltd. (OTCBB: EVSC), Enviro-Energy Corporation (OTCBB: ENGY), Environmental Products & Technologies (OTC: EPTC), EPIXTAR Corp. (OTCBB: EPXR), eResearchTechnologies, Inc. (NASDAQ: ERES), Flight Safety Technologies (OTCBB: FLST), Freddie Mac (NYSE: FRE), FreeStar Technologies (OTCBB: FSRCE), Geotec Thermal Generators, Inc. (OTCBB: GETC), Genesis Intermedia (OTC: GENI), GeneMax Corp. (OTCBB: GMXX), Global Explorations Inc (OTC: GXXL), Global Path (OTCBB: GBPI), GloTech Industries, Inc. (OTCBB: GTHI), Green Dolphin Systems (OTCBB: GLDS), Group Management (OTCBB: GPMT), Hop-On (OTC: HPON), H-Quotient, Inc., (OTCBB: HQNT), Hyperdynamics Corp. (OTCBB: HYPD), International Biochem (OTCBB: IBCL), Intergold Corp. (OTCBB: IGCO), International Broadcasting Corporation (OTCBB: IBCS), InternetStudios, Inc. (OTCBB: ISTO), ITIS Holdings (OTCBB: ITHH), Investco Corp. (OTCBB: IVCO), Lair Holdings (OTC: LAIR), Lifeline BioTechnologies Inc. (OTC: LBTT), Life Energy & Technology (OTCBB: LETH), MBIA (NYSE: MBI);
Also, MegaMania Interactive (OTC: MNIA), MetaSource Group, Inc. (OTCBB: MTSR), Midastrade.com (OTC: MIDS), Make Your Move (OTCBB: MKMV), Medinah Minerals (OTC: MDMN), MSM Jewelry Corp. (OTC: MSMC), Nanopierce Technologies, Inc. (OTCBB: NPCT), Nutra Pharmaceutical (OTCBB: NPHC), Nutek (OTCBB: NUTK), Navigator Ventures (OTC: NVGV), Orbit E-Commerce, Inc. (OTCBB: OECI), Pitts & Spitts (OTC: PSPP), Sales OnLine Direct (OTCBB: PAID), Pacel Corp. (OTCBB: PACC), PayStar Corporation (OTC: PYST), Petrogen Corp. (OTCBB: PTGC), Pinnacle Business Management (OTC: PCBM), Premier Development & Investment, Inc. (OTCBB: PDVN), PrimeHoldings.com, Inc. (OTC: PRIM), Phlo Corporation (OTCBB: PHLC), Resourcing Solutions (OTC: RESG), Reed Holdings (OTC: RDHC), Rocky Mountain Energy Corp. (OTCBB: RMECE), RTIN Holdings (OTCBB: RTNHE), Saflink Corp. (NASDAQ: SFLK), Safe Travel Care (OTCBB: SFTVV), Sedona Corp. (OTCBB: SDNA);
Also, Sionix Corp. (OTCBB: SINX), Sonoran Energy (OTCBB: SNRN), Starmax Technologies (OTC: SMXIF), Storage Suites America (OTC: SSUA), Suncomm Technologies (OTC: STEH), Sports Resorts International (NASDAQ: SPRI), Technology Logistics (OTC: TLOS), Swiss Medica, Inc. (OTCBB: SWME), Ten Stix, Inc. (OTCBB: TNTI), Tidelands Oil (OTCBB: TIDE), Titan Construction (OTC: TTCS), Trezac Corp. (OTCBB: TRZAV), Universal Express, Inc. (OTCBB: USXP), Valesc Holdings, Inc. (OTCBB: VLSHV), Vega Atlantic (OTCBB: VGAC), Viragen (AMEX: VRA), Viragen International (OTCBB: VGNI), Vista Continental Corporation, (OTCBB: VICC), Viva International (OTCBB: VIVI), Vtex Energy (OTCBB: VXENE) and Wizzard Software (OTCBB: WIZD), WorldTradeShow.com (OTC: WTSW) and Y3K Secure Enterprise Software, Inc. (OTCBB: YTHK).
Under the heading of: "...........Jus' so's ya know......."!!!
ENGY: http://www.investorshub.com/boards/read_msg.asp?message_id=1824152
"....and we thank you for your support...".
John ....(aka: Boardz-R-Me )
Gord,
No freakin' clue, whatsoever..............
One or two people and a MFMMM can MOMO almost any pennystock
on a wild-arse whim after a "..2-Martini lunch.." at Hooters.
Ref: REDI, QBID, etc.
John
General Information:
When this board was created back on 03/04/02, ENGY was actively engaged in building, testing, and improving an SBR anaerobic digester system in Tillamook, WA. Additionally, Mike Funk was a principle of the company and actively traveling to build synergies that would hopefully lead to expansion. Mr. Funk was also personally providing development funding that he shut off at the worse possible time, just as the latest improvement modifications to the SBR digesters at Tillamook were in the "..start-up.." phase.
Unfortunately, the USDA/NRCS support funding to help dairy and CAFO farmers purchase AD's for their manure management needs has never materialized. Subsequently, many state DNR or environmental protection agencies (..by any other names..) have not enforced some existing regulations - unless a situation was absolutely critical. This is primarily due to the financial burdens already imposed on cash-strapped farmers.
It is my understanding and judgment that little progress will be made in farm-based AD's until the USDA/NRCS EQIP portion of the current farm bill is finally funded. And then, there is still a problems with local politics. EQIP funding of manure management systems for CAFO's will have to compete with other "..bike path.." and "..babbling brook.." improvement issues deemed more important by local non-technical residents on the committees. If the CAFO farmer involved is not in the "..in crowd.." in his baileywick, receiving the EQIP funding may be highly unlikely - hence marketing AD's to those potential clients becomes very unattractive. Ergo: the small to moderately large CAFO famer market for SBR-type digesters is currently dead.
Apparently due to questionable stock distributions prior to the involvement of Tom Bowers, and the subsequent leaving or dismissal of previous principles, other major investors and/or investment bankers appear to be unwilling to fund completion of the Tillamook SBR AD, or to fund the repair of the company.
This situation has resulted, to the best of my understanding, in the non-payment of various equipment suppliers, consultants, officers, and employees - resulting in pending lawsuits or wage-hour claims currently filed or to-be-filed; published or not.
As one of these consultants appears to be the patent holder of the AADS process, retention of ENGY's license to construct AADS digesters may be a real problem. Without that license, ENGY is now dead in the water. IMHO. The only market for these high-perfomance and high first-cost digesters is with large meat packing and other major industrial process customers having digestable waste streams.
Colvico, an independent and successful arm of ENGY, is the only functioning entity involved. Cory Colvin seems very unlikely to allow any but the most meager of funds to move from Colvico to ENGY, just to keep ENGY alive as an entity.
An issue has been raised that my perspective on this company has changed from a possible BUY when they were making progress, to a HOLD at best if investors are still in. "...No kidding..."!!! "..WAIT AND SEE.." would be a good plan for the uninvolved at this juncture, IMHO.
If I were going to buy a Ferrari that was in good condition, it could be considered a good plan and/or investment today. If the dealer's kid subsequently took the car out on a date and "..wrecked it..", it's unlikely that my interest in buying that car would continue. Things change and 'stuff' happens; which is why one should never become emotionally involved in - or irratioanally attached to - mini-Microcap stocks.
Please DYODD x2 with ENGY. The original technology package was great, but the execution of it is now unlikley.
John
Certainly appears that way.
John
It appears that they are looking for new quarters - again, niz.
The days of the Time-Warner "..freebie-space.." seem to have come to an end. Fiscal responsibility is getting to be an issue even in the wild-&-crazy media industry these days.
QBID's future rent vs. income calculations will probably make for some interesting math.
John
Well.
Rather than get sucked into someone's attempts to create a discussion on a dead issue, I won't be answering anymore ENGY inquiries on this board.
Sorry, I should have seen it coming.........
John
"...Yumpin' Yimminy, Cap'n.."!!
If I kept it anymore civil, I'd probably have to go down to the Fed Building and take the service exam...!! Ha ha ha.....
John
I'm certain you'll tell us all you know, as soon as you have done that.
Looking forward to your report.
There are either no filings required, or there's a way around doing so - using third parties such as lawyers/relatives, to bleed free-trading "..gimme shares.." into the market owned by former insiders. This is part of the reason. IMO. that Tom Bowers quit as CEO.
EThe company remains a non-functioning entity sustained by the existance of Colvico, until such time as they announce new efforts; probably in new directions. In the interim, I suspect that you, the babbling band on RB, and the MFMMMs will continue to attempt to make a market in the stock.
"......GOooooooooooooooooooooooooooo GDUBYA........"!!!
Bush Signs $400 Billion Defense Bill http://www.voanews.com/article.cfm?objectID=2912C569-54F2-4C6E-BBA945268970D73E
Alex Belida
Pentagon
24 Nov 2003, 17:46 UTC
President Bush has signed a $400 billion defense spending bill for the current fiscal year, saying that at a time of conflict and challenge, America stands with its military.
Mr. Bush says the massive new defense spending bill sends an important message at a time when U.S. troops are deployed in Iraq and Afghanistan and engaged in fighting a global war on terrorism.
"We face enemies that measure their progress by the chaos they inflict, the fear they spread and the innocent lives they destroy," he said. "America's military is standing between our country and grave danger."
Speaking at a Pentagon signing ceremony for the legislation, the president described America's enemies as "cunning and ruthless and dangerous."
But he said the United States and its coalition partners will ultimately prevail.
"Yet these killers are now facing the United States of America and a great coalition of responsible nations and this threat to civilization will be defeated," said Mr. Bush.
The defense bill totals just over $400 billion. It includes a pay increase for military personnel as well as other benefits and reforms the defense department's civilian personnel system. It also includes funds for new aircraft, ships and ground combat equipment. In addition, the legislation provides just over $9 billion for ballistic missile defense.
.
Dave,
The impression I got from the trash on RB was that T-W (..or whoever owns it..) was selling the 'beautiful downtown Palm Springs' "..Sherbet-Stained Spinning-Skivvies Logo.." building. So, Feahwuss & Kwew are going to have to scurry to locate a new low-rent rathole somewhere.
With their stellar credit history, the WWII surplus Boeing radio trucks and Indian Casino, tax-free cigarettes storage, and ultra-liberal Demoncrat-supporting soda-pop kickback plan sounded like their most viable option to me.....
".....GOoooooooooooooooooooooooooooooooooo QFLUB........"!!!
John
MAGR 0.158 +0.005 (+3.27) 0.158 0.162 1,539,625
Not a bad day.........
John
Yo, Dave,
It seems that QBID has been Officialy "...invited..." to move out of it's Freebie-Digs at the Time-Warner building in Palm Springs.
Determined to remain "..rent-free...", I understand that Feahwuss Fwankie & Trickie-Dickie Wiener are going to paint several of their WWII surplus Boeing radio trucks 'Pinkerton Pink', stencil the QBID "...Spinning, Sherbet-Stained Skivvies Logo.." on the sides, and park them in a circle in the RV lot at a nearby Indian Casino.
Besides pumping their ultra-low-wattage satellite signal onto a reservation pulse-dial party-line, they will also store "..tax-free cigarettes.." for the gambling facility's gift shop in the truck cabs. Gotta get it where you can, aye...!?!
Scuttlebutt has it that they will also introduce a new product, "..Tribal Pride Cola.." that will be co-marketed by the Ogalala-Sioux as fire-water mixers for Midwestern gay bars that financially support Hillary and Tom Daschle.
"........GOooooooooooooooooo QFLUB......."!!!
John
OBTW, Mother Superior-in-Training...........
Nobody in their right mind tries to "..pump.." QBID on the 0.02 or Omni boards; because everyone over there would laugh this pending CDC infection clean out of town...!!
You have to admit, skunks, that when 'Fwank-O-Roonie the Great' tries to pass off "...empty PVC electrical conduit..." as being FIBER OPTIC CABLE to an electrical engineer with 30+ years of experience, one would begin to question the man's veracity. All it takes is one call to the Palm Springs building inspectors office, and a second to the contractor who submitted to permit request to get the straight scoop. Not everyone is as stupid as the average poster on RB, aye.....
Can you buy "...Pride Cola.." at any grocery stores near you...?!? Be a Sport, now - tell the truth.......
John
Well, ex-c-u-u-u-u-u-u-u-s-e me..................
This "..what's-the-newest-Fwankie-lie-of-the-month.." board, where upon you choose to promote and pontificate the unquestionable virtues of QBID (..as they relate to your grossly-overbought position..) is open to anyone with posting priviledges on iHub.
After 5+/- years of Frank Olsen's unadulterated GAAY-QBID BS, systematic and repetitive failures to produce, and endiess bald-faced lies to everyone who has tolked to him (..including you..), if my management-giggigng, humorous banter offends you - then you must be turning your "..mirror-mirror-on-the-wall.." in for domestic assault....!!!
JCRadio and I started this board years ago, and I'll follow "..Feahwuss Fwankie.." until he finally puts up - or gets shut down. The latter of which is much more likely, IMHO.
Get a grip. And, take out your Stock-A-Roni frustrations on someone else, OK.....
John
Whooooopeeee Dooooo..........
Don't know what we'd do without you, MMMary and Anthony@Pukerific making the world a really better place, aye.
Do your wear your Official Captain Video Spacerangers helmet while you're doing your "..Jr. Assistant StockCop Wannabe.." t-h-a-n-g - or, just the satin 'skivvies' and cape with the approproite Logo's....?!?
Good for you, Laz...!!!
You might want to look at PUPS then, it's humming right a long also.
John
That data is obviously the result of what happens when the keyboard gets left on the desk while the boss and the sexretary at USAToday are discussing her ridiculous request for a raise.........
I wonder what pup tent QFLUB will be moving to next...!?!
Does Fwankie have a back yard, or does his Efficiency Condo have a recreation center with a spare room...???
John
No doubt.........................
http://www.investorshub.com/boards/board.asp?board_id=2111
John
PUPS is hot this morning.........
John
BBAN Book Value Increased to Over $31M Based on 2Q Results
NORMAN, Okla., Nov. 24 /PRNewswire-FirstCall/ -- Broadband Wireless International Corporation (BULLETIN BOARD: BBAN) today reported that the company's book value has increased to over $31M due to the addition of the timber division asset deeds.
Based on the number of shares issued, (206,000,000), and the total current assets of over $31M as reflected in BBAN's financial statements, the company's book value is currently estimated at approximately $0.15 per share.
"The timber property is operational and revenue producing," stated Ben Stanley, Chief Financial Officer. "The timber assets are lodged on the company's books and have substantially increased book value. We have turned the corner and the company is now on schedule to perform and achieve the timely delivery of timber to the respective mills based on our current contracts. We are presently trading at a mere 20% of our book value with additional exciting events to follow in the coming months. We believe that the market will adjust itself to reflect the intrinsic value of BBAN's common stock."
The company anticipates that the next quarter financial statement will reflect the improving status of the company's cash position, as well as the establishment of an ongoing revenue stream from the timber division. The company also anticipates reporting proceeds received from the sale of its debt offering in the third quarter financial statements ending December 31, 2003.
The financial complexion of Broadband Wireless International Corporation continues to improve on a quarterly basis," stated Paul R. Harris, Chief Executive Officer and Managing Director. "With the anticipated closure of all pending issues in the 3Q, we will be able to focus on future growth and acquisitions."
About Broadband Wireless International Corporation
Broadband Wireless International Corporation is a diversified holdings company and is moving into a wide variety of investments that will generate positive cash flow for the corporation and dividends for shareholders. The company currently holds interest in the timber, film, and music industries and creates a subscription based entertainment service for entertainers, athletes, and affinity groups.
Safe Harbor Forward-Looking Statements
Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
CONTACT: Dick Gersh of Richard Gersh Associates, +1-212-757-1101,dickgersh@rgapr.com; or Mark Kabbash of Vistaquest, +1-646-742-1115,mark_kabbash@hotmail.com
BBAN is certainly doing well today.........
Keeps me off the streets; ha ha.........
John
Excuse me. gd2aussie3,
You seem to have some baggage from RB that a number of new "..iHubbers.." have had to learn to leave on the bus.
I would suggest you find a way to deal with FASC in a congenial manner.
Have a nice day.
John
ps: You must have really impressed somebody. Your messages were crap-canned before I even had time to get to my Board Manager page. Good luck, you're not off to a real great start.
Mooney Airplane Company Receives $5 Million in Debt Financing
KERRVILLE, Texas, Nov 21, 2003 (BUSINESS WIRE) -- Mooney Airplane Company (the "Company"), a wholly owned subsidiary of Mooney Aerospace Group Ltd. (OTCBB:MASG), announced today that it received a $5,000,000 loan guaranteed by the U.S. Department of Agriculture Business and Industry Guaranteed Loan Program from BLX Commercial Capital LLC. The BLX Loan has a term of 25 years; bears interest at 2.00% over the Prime Rate, adjustable quarterly, and is secured by, among other things, the Company's FAA Type Certificate.
According to J. Nelson Happy, the Company's president, "We are very pleased to have obtained this loan guaranteed by the USDA. It demonstrates that we are viewed as credit worthy for a substantial amount of money, and it provides working capital that will help us with our daily operations."
Sam Rothman, Mooney's chairman, observed: "I want to congratulate the company on obtaining this substantial injection of funds. It enabled us to pay off the remaining balance of the debt owed to Congress Financial Corporation that was incurred when the Mooney assets were purchased last year. Since February 2002, we were able to pay off the entire $4,500,000 owed to Congress, and retire the $5,700,000 Limited Recourse Secured Note which would have become due if the company defaulted in its payment to Congress Financial."
Mr. Happy added, "The loan also allowed us to pay off several other obligations due, including prepaying a note for taxes incurred before we bought the Mooney assets. We have less short-term debt now, and we have strengthened our balance sheet considerably. This is an important step in paving the way for stronger financial performance next year."
Mooney Aerospace Group Ltd. is a general-aviation holding company that owns Mooney Airplane Co., located in Kerrville, Texas. Mooney currently sells three models: the highest performing four-place single engine piston powered aircraft, the Bravo DX, and its stable-mates, the highly rated Ovation2 DX and the economical Ovation. Mooney is celebrating its 50th anniversary in Kerrville, Texas, this year, having manufactured more than 10,000 aircraft that have been delivered worldwide. Complete information about Mooney aircraft is available at http://www.Mooney.com.
SOURCE: Mooney Airplane Company
Mooney Airplane Company, Kerrville
Terry Freeman, 830-792-2935
tfreeman@mooney.com
Hi Dave,
Wow, am I ever disappointed. Feahwuss Fwankie has apparently squandered even more money upgrading the TTN website, but he must have run out of pocket change 3/4 of the way through -- again...!!!
After lunch, there must not have been enough coin in the kitty to buy the required Officially Pink Bunny batteries to light up or run the TTN "...Sherbet-Stained 'Spinning Skivvies' Logo...". Hence, they just sit there in the little box - looking like they're 85% full of gray diarrhea...!!! http://www.triangletelevisionnetwork.com
Don't you just love it when poorly thought out and mostly incomplete plan just can't quite come together.
John :-0