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blood on the street today on wall street.
up 6.25% not so bad at all and we moved out some weaker hands
hold onto your shares people today tested everyone a bit. Always a bumpy road on the way to the big money : )
stock
dont let it get to you it all comes out in the wash. this is good for the stock let it move slow. next time it runs it could drive us right to 20 cents. our day is coming all is well!
we are cleaning out some weak hands today ..i still think it moves forward though i dont see a big drop off but if it happens its buying time!
stock
its ok with me man i am in for the long ride. if it tanks down i will buy more shares the stock will find its home one day and it wont be anywhere near this level
slicko
he is a fraud. he was about when i first came and he acted like he was a genious for selling 50k shares at 2 cents that i bought. he had a small position he is a small time dweeb. you would have to be brainless to listen to a word from his deceptive cheap mouth
just in
been following the action via my cell phone. crazy fluctuation. But all is lookin good
Stock
I agree 10 cents today or certainly by weeks end. It will be interesting to see if this move continues quickly up to the 29 cent level. Remember put everything aside if there is great news coming ( which I think there is or at minimum very good) some info will leak and these cheap shares wont last long. I think it is already happening . Shares on the cheap disapearing
burntinv
yeah looking good! I think tomorrow we will move up again and soon we can work on breaking that 10 cent resistance which if done will send us on to 20 cents where I have great expectations we will land before news
Go ivfh its been a great ride and we have just begun..
keep the faith people! we will get tested
r chaput
i believe these are close to the current actual numbers but there are likely warrants issued and there is a convertible note from the previous 300k financing. The revenues will likley prove to be very strong. even with a float of 27m this is a tight float especially since you wont have many sellers under 20 cents. just short term profit takers from the gains. remember this stock fell from 40 cents to sub penny on relatively light volume there are many common shareholders holding shares at much higher levels likley. My brother bought in at 0.37 and has held all the way down but added nicely in the 2 cent range
zigbee
welcome aboard It is going to be a very profitable summer ahead
imo
added 10k at 0.08 as i said. every level up i add a small amount to my large position and saving big powder for after financials
OT
absolutely they let them run from time to time. when it settles is a great time to sell
OT: Mssi LIMA371
I know that stock well. I expect it to make a nice run but it wont hold. sell on the spikes cornell runs that show and has his claws in deep. he will let it run to dump imo
thats ok stock it will average out in the end. I look for a strong close today
agree!! i see 20 cents coming sooner than most expect
stock
i doubt they will have anywhere near 150m in the os. that figure was a worst case scenerio if all warrants and convertibles were converted. We just may be around 80 or 90m os upon financials
regardless i see no slow down until 20 to 30 cents. then fiancials will be a key to the move north to 50 cents or over 1.00
stock
i agree the float must be small and tight for this kind of action. I expect this action to continue into the 20 cent range where we await fiancials
Great chart analysis as usual Stock. I am expecting 20 cents relatively soon and certainly before fiancials. The stock is in its beginning stages of its rebound since the scam has been uncovered. Some are seeing the gift share price and are jumping in. Coupled with the move to the otc.bb we are expecting great financials that will guarantee the rally to the 20 to 30 cent range before the actual move. Then whatever is contained in the financials will determine whats next
The news about the scan being uncovered is big big news for this stock it is the fuel for the rally!
I just recieved confirmation from Chef Joe that he read my e-mails i sent yesterday. I sent them return receipt requested. I simply briefed him on my conversation with Chef Jonathan and didnt expect a reply just wanted him to read
looks like my buy of 20k at 0.061 was last trade of the day. I will reward the stock with every move up with at least a small purchase saving larger money for big news
ron
i wasnt suggesting a momo run was upon us currently or a reason for the climb. I was responding to a post suggesting one will be upon us soon based on the strong move up alone. If that happens at this point then the short term will exceed all our expectations.
'burntinv
agreed. this is why I say if we move well above ten cents before fiancials then its a sign that there is big news coming for sure. No matter how quiet you are good news will leak to some with money that sourround the company, the stock may be destined for 50 cents post fiancials we will see. I get the sense from management that while they are honest they are hiding some good info : )
just filled a small order of 20k at 0.061
stock
you think momo with no news and no filings? I was figuring on momo at that point. If we get a momo run before filings many will stay on once they learn the story and this thing could perform much better than anyone thought in the short term
stock
i agree strong hands is what i want. I have plenty more powder actually tried to order today. Had an order in at 0.052 all day finally moved it up to 0.055 then it shot to 6 with an ask of 0.064 The longer the momo stays away the better. They will come one day and it will be a good thing at som epoint in time
stock
nice to have your chart anaysis : )
hey dont burn out all your posts hehe, Looks like the next leg up has arrived 6 cents now! agree 7 cents a potential pause but if the company has some really good news in those financials it must have leaked out to somebody and if thats the case we could go much higher than 10 cents even before fiancials. I am dreaming a bit here but its fun!
ron
looking good i see a breakaway from the 5's coming too!
stock
we will have many new faces coming to both boards in the near future.
I felt you brought some good posts here and i wanted to share them with all the readers on the raging bull
stock
I was just in a stock that trades in less volume. had 60m os and they did a 60 to 1 and we havent heard from them. the stock has me at a 75% loss. luckily i had no buig money there. I just want to be sure they arent even considering it for any reason. Its my personal concern even though there is no reason or sign that one would occur
rompopeil
i can tell you from my experience what stock is telling you about his bad experiences, loss of money, and his bad attitude as a result is true. I was in a couple of the stocks that he was in and it got real ugly with one. He brings alot to the board and i would trust that if he ever decides to pull out he wouldnt bash the stock that some of his friends are in just merely state reasons for leaving
stock
i didnt mention the us foodservice contract or revenues because I dont think he would have given me a hint to what the revenues are. I guess i should have asked so he could tell me he wasnt at liberty to speak on those subjects but i assume thats what I would have recieved
Stock
great posts man. dont burn them up so early though lol
I sent your posts to the raging bull board thanks!
Be back later today have a good one!
burntiv
sounds good may be even sooner with the otc.bb cant be as strict. but regardless its by mid summer for sure. Going to be very interesting to see how high this goes while we wait. The company has been cleared officially in the scam and the street knows their share price was unjustly effected. Likley to cause buying by the wise ones. Company is likley worth 20 to 30 cents minimum as is. If and when there is good news with the filing up from there imo. they arent showing financials because they arent good thats about for sure
Another press release about the scam. Evidentally our street .com has claimed the companys themselves were involved in the scam when the Sec themselves doubted it last year. They are now under investigation for fraud themselves. Our street. com is an example imo on why and how ivfh fell from 40 cent to sub penny. Even though the sec didnt think the companys themselves were involved many internet postings suggested otherwise.
Soon Ivfh will regain their rightfull share price imo
(financialwire.net via COMTEX) --May 9, 2005 (FinancialWire) "Nick Tracy," whom FinancialWire unmasked in an expose a year ago as no stock hero, but rather a never-do-well individual named Timothy Miles charged by U.S. Securities and Exchange Commission with stock fraud and charged by detractors as being a sloppy investigator who despite picking some bad apples, has almost never had his facts straight, says he's giving up his website, "Our-Street.com."
Whether that is true or another subterfuge, the irrepressible self-appointed "scam cop" has his SEC trial coming up in June. The other two individuals charged with him have also reportedly left the country. He is appealing a ruling against him in a case involving Circle Group Holdings (AMEX: CXN), and he continues to claim credit for "discovering" a phone scam involving six companies, including American Multiplexer Corp., Donini Inc. (OTCBB: DNNI), 5G Wireless Communications Inc. (OTCBB: FGWC), Innovative Food Holdings Inc., and Power3 Medical Products (OTCBB: PWRM) and their shareholders which the SEC recently said was in reality "discovered" and reported by the largest number of investors in its history.
True to his history of questionable diligence, the now apparently "former" Our-Street" proprietor has continued to suggest that the companies themselves were involved in the scam long after the SEC had said none of them were found to have been involved.
Although Miles had reveled in his oft-stated position that he is "judgment-proof,: in an essay entitled, "Thinking of Suing Our-Street? Read This," he stated that on May 5 he had handed off his ownership to "new owners." Like "Nick Tracy" before FinancialWire unmasked Miles, they are anything but transparent.
A search of the site did not turn up any information as to who the "new owners" are, or their respective agenda or backgrounds. Perhaps more interestingly, the site still continues what many believe are actionable, libelous content, and if there are indeed "new owners," it is not clear if these "new owners" enjoy the same apparent lack of assets that emboldened Miles to claim he is judgment proof.
After the Illinois court loss, Miles had taken down most of the comments about Circle Group Holdings and Halpern, as well, although he did add a statement after the judge's decision, when Miles had posted "Freedom of Speech IS DEAD," that could be considered libel anew: "That the courts would allow someone to invade and silence this home of unbiased and independent due diligence simply because some corporate criminal doesn't like the truths being told about him is wrong on many levels and has consequences beyond this website." It appears that he is still referencing Halpern.
Illinois Judge Susan Zwick, in her ruling against Miles, however, pointed out to Miles that "the same constitutional principles that guarantee free speech also work to insure that one who engages in such speech will stand behind it." The judge's order also pointed out numerous conflicting claims and statements made by Miles in filings and affidavits that were not supported by facts or evidence.
Miles has since publicly solicited help on legal fees via PayPal or credit card. He did not state in his solicitation whether any of the funds might also be used in his defense of fraud and corruption charges brought against him by the SEC. He also did not indicate whether he would provide any reporting to the public regarding received contributions.
Meanwhile, Miles said he plans to complete a religious novel on "the meaning of life," which he links off http://www.themeaningoflife.net , and has a new financially-oriented website, http://www.scamspotting.com , which lists among his credits, purported exclamatory statements from FinancialWire, and even the SEC: "Thank you very much." The latter is the statement that the SEC makes in its canned response to anyone who writes its enforcement division.
One year ago, FinancialWire unmasked the elusive, mysterious proprietor of Our-Street.com, who had claimed to be Nick Tracy of London, as Timothy J. Miles, of Klamath Falls, Oregon. A day later, Miles posted his admittance to his true identity, and a more or less confession, including the fact that he was being sued for fraud and corruption by the SEC.
"Securities and Exchange Commission v. C. Jones & Company, Carter Allen Jones, Timothy J. Miles, Gaylen P. Johnson, and Jonathan Curshen, Civil Action No. 03-WM-0636(PAC) was filed in the District of Colorado May 9, 2003.
Sources tell FinancialWire that Jones, Johnson and Curshen have left the country ahead of the trial currently set for this June, and now it appears Miles has followed their lead, although he continues to exist somewhere in the ether.
Observers are now wondering if Miles will appear in the SEC trial or any of those that are now closing in on the man who boldly posted "Thinking of suing Our-Street?", suggesting he was somehow prosecution proof and could say anything he wanted to about anyone, whether libelous or not, under the guise of "Freedom of Speech."
Our-Street has made some "believers," mainly by picking small questionable penny stocks with a boatload of promotions behind them. Over time, many invariably went out of business or ran into regulatory trouble, which Our-Street then claimed responsibility for. Some were shorted to death after becoming a "featured" company in Our-Street, meaning Miles seemed to have found a way to turn his sloppy investigations and questionable reports into self-fulfilling prophecies.
Something like throwing blindfolded at a dartboard with a giant center target which someone moves in front of the dart when it doesn't just accidentally hit the middle.
Such candidate companies are plentiful indeed. In just over two weeks, FinancialWire has unearthed and published reports on almost 60 small public companies about whom unnamed "third party" shareholders are running promotions, often pocketing profits on their own stock sales as unsuspecting investors ante up in a kind of pyramid stock scheme.
A year from now, how many of these will still be around? It isn't rocket-science.
Picking "losers" is easy, however, using Our-Street's methodology, according to observers: just throw manure and see where it splatters. Miles welcomes responses from his targets, but invariably brands them as "lies."
Before heading to the relatively safe haven of Slovenia, Miles' unmasking included revelations that he is a former broker and self-professed failed public company executive, who also operates websites devoted to art auctioning and a mysterious otherworld crystal his site says has revealed to religious leaders around the world "the meaning of life."
Slovenia, a relatively new country, is said to have only minimum The Hague conventions, meaning dealing with or extradicting individuals in that country are difficult if not virtually impossible for anything short of a capital crime.
In his recent post admitting to his move to Slovenia, Miles said one of the things on his list of "things I want to do before I die," is "live in Europe." He said other things on his list, like "preach sermons and touch people with them including in a Pentecostal church, and "become an international crime fighter," are now "done."
The ex-stockbroker and campaigner against "corporate evil-doers" is anything if not versatile.
After acknowledging his "mistakes" that resulted in SEC charges of fraud and corruption, and his failed efforts at running public companies and trading stocks, Miles/Tracy inexplicably stated that this background led him to believe he has the "skills necessary to conduct superior due diligence."
In his confession and acknowledgement, Tracy/Miles stated "there is more and more speculation on the message boards about the person or people behind Our-Street.com and a lot of speculation about who controls or influences it as well.
"My name is Timothy Miles. I am in my mid 50's so I have a lot of experience to draw on as I conduct my research.
"Since the early 70's I have been involved in business management in a wide variety of industries, and almost always with companies grossing less than $100 million per year. I have been involved in turn-around situations as well as start ups and been both a consultant, a hired gun and an entrepreneur. As a result of my experiences, I have developed the ability to analyze a company, its personnel and its activities with a certain degree of accuracy.
"I have been an investor since the late 70's and in 1988 I entered the securities industry on a full time basis as a stock broker. I had a pre-existing idea of what the brokerage business was like and was shocked to discover it was nothing like I imagined it to be. I innocently walked into the offices of Power Securities, one of the more notorious penny stock brokers and was both shocked and horrified to discover what this end of the business was really like. I left there within about a month and found a more suitable firm where I could actually work for my clients and not against them.
"I discovered over time that the best way to make my clients and myself money was working with companies as they were going public and in 1993, I left the brokerage business and started Pratt, Wylce & Lords, a public company that focused on helping small companies enter the public market. Through this company we helped several companies enter the public market, among them Applied Cellular Technologies (now Applied Digital Solutions NADSAQ: ADSX) and Gaming Venture Corp (now Casino Journal Publishing OTCBB: CJPG). I also worked with a not so successful company, Level Best Golf LBGF.
"In 1996, I shut down the company's operations as a result of my personal failures due in large part to my inability to comply with the SEC's stringent 40 Act requirements. Organizationally wise, I had bitten off far more than I could chew and I knew it. "Throughout this entire period, I never had a blemish on my record as a stock broker or as a consultant but it was in 1999 that I made a mistake I am not at all proud of. I was working with a company called Auric Enterprises, Inc. and had structured a 504 offering for the stock. A number of my friends wanted to invest but lived in California and Ohio, states that had not been approved for the offering. I was told that if they drove to a neighboring state like Nevada where the offering was approved, they could invest. Rather than having them do this, I made the mistake of telling them instead to put down addresses in approved states and filed these inaccurate documents with the NASD. I also was not accurate as to the relationships of some investors as well. This was wrong to do and I deeply regret having done it. I have admitted this to the SEC in testimony and stand fully accountable for my actions.
"Subsequent to these actions, Auric executed a reverse acquisition with Freedom Golf Corporation and when they became dissatisfied with their investor relations people they called me and asked me for referrals. I didn't have any but asked around and was given the names of two people who were supposed to be honest who I then referred to Freedom Golf. What followed was a significant promotion based upon false and/or misleading information and an SEC investigation," he noted.
The SEC's charges disagree, saying that Miles/Tracy actually paid for the scam hype, and failed at the time, as apparently he fails yet today, to divulge that fact. The SEC also said Miles/Tracy and his co-conspirators "reaped profits of more than $500,000" out of the fraud.
The case is used as "class materials" in presentations on stock fraud by John Reed Stark, Chief of the Office of Internet Enforcement in the Division of Enforcement of the SEC, at http://www.johnreedstark.com/ClassMaterials/LitigationReleases/freedomgolf.htm .
As to his other activities, he admits to having "built a website which deals with another love of mine. It is OTCart.com. I have developed a real time quotation system for limited edition art. It is very slow catching on but I remain optimistic," and to "have built another website which is connected to a novel I am writing. I have been an ordained Christian minister since 1970 and the book is spiritual in nature. It is about the meaning of life and the website is appropriately titled www.themeaningoflife.net . It was at this site where he revealed his "insider" knowledge about the mysterious "crystal."
Miles / Tracy says he is "disillusioned about the corruption that continues to infect the market and those who involve themselves in it and I certainly am not proud that I found myself swept up in it to the point where I personally did things I knew were wrong."
In February, Miles last wrote to FinancialWire, after first berating the newswire for covering his (short)comings, and as now seems to be the case, his goings, "I am empowered and inspired to do good for the market and to expose stock fraud and corruption in the market.
"I genuinely want to suggest you find a church and get in touch or back in touch with God and Jesus," adding it's a "good thing God forgives me my shortcomings."
FinancialWire replied that Miles' irrationality was mindful of Judges 15:16, "inasmuch as we feel as though we have been slain by the jawbone of an Ass."
Our-Street's publisher didn't respond, leaving reporters to infer the site's proprietor has no sense of humor that we are aware of.
Observers believe the market hasn't heard the last of Miles. Whether the SEC has heard the last of him will be determined when his trial comes up in June, or if and when his appeal of other lawsuits runs out.
For up-to-the-minute news, features and links click on http://www.financialwire.net
FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on http://www.investrend.com/contact.asp
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How long does it usually take the Sec and otc/bb to approve a move to the otc.bb once all required documentation is submitted?
stock
somebody wanted in today bought as high as 0.055. I assume some selling ( minor amount ) will occur tomorrow amd mm will help promote it by dropping sp down on a small sale. but as soon as it stale mates buys will come in driving it higher quick!
Ronpopeil
I think we can all rest assured that Chef Jonathan plans on staying in touch with us on a regular basis. He would love to put out news now but he cant, his words!. He understands that keeping us informed is very important to his stock and I assured me he was planning just that
to the board
read my last post it details my conversation with the company today
Stock
You are so correct I think genearally speaking Chef jonathan Seems quite naive about wall street in general But Chef Joe impressed me as one that knows whats up for sure. I spoke with Chef Jonathan( who is out ir contact now) and i detailed my talk around the possibility of a reverse split. Since this is the one thing that we all feel can hurt us.
As far as revenues, os etc, Chef Jonathan had nothing to offer because of the auditing of books and impending filing with the sec. But everyone knows what chef Joe told me regarding the os. So take his word on it is my honest opinion.
Chef Jonathan said within two weeks all their books will be audited and everything will be out the door to the Sec. He wasnt sure how long they take. Mabe some posters here know that I personally dont.
Back to the subject of reverse split. He claimed he knew nothing about that subject at all . He was truely curious why noone would want one since I was claiming this was everyones concern and was strongly warning against one at any time in the near future. I went on to explain that shareholders usually get screwed in a reverse split especially with companys who are still dependent on outside financing. They run the other way when one is announced. The dilution usually continues and the sp slides from split levels. Plus I told him there is interest in the street building about your company since the Sec caught the ones that scammed your company. You dont want to do a reverse split, it at very least will scare off your shareholders and none of us want it now. I told him of my involvement on the message boards as I did with Chef Joe. I told chef Jonathan this is where the sentiment comes from about a reverse split. It is your common shareholders voice. Although i told him in some rare cases a reverse split can help a company. If they are now profitable and dilution has stopped mabe a split to get the shares in strong hands and make a move to the major markets is a good move at some point in time. Now remember Chef Joe told me he would never do a reverse split behind his shareholders back. It would first be filed with the sec and everyone would know why and when its coming Chef Jonathan seemed like he really learned something and thanked me for that info.
Chef Jonathan is excited about the news that cleared the company and excited about the sp boost. Which I told him came likley from the boards and or the news. Certainly the boards spread the good news. He told me there has been no news from the company because its truely a quiet time with the impending move. He was not at liberty to say much at all . I told him I expected his share price to rise dramatically even if the company has as much as 150m shares. But staying in touch with us once the move takes place is imperative to hold high levels. He said he planned on doing just that and would stay in touch often without fluff just solid news and updates once the move takes place. Again I told him we can hold a much higher share price without a split and if and when the company is no longer dependent on outside fiancing then mabe there will be a good time for one. But it must be when no additional dilution will occur. Again he was very very receptive to our feelings and agreed to stay in touch with me as via phone as time allows. Of course I told him I wouldnt call often just occassionally . I reassured him I understood he and all his assocaites are busy and the common share holders wont slow them down with useless calls and appreciate the open door policy
I will post if i remember anything else. but thats it in a nutshell in all honesty