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A couple of guys figured out how to sell a couple of privately owned companies to a public company.
The first guy was in a bit of trouble as his public company (a different one)was in debt and for sale and he needed cash.
The public company paid a million dollars for the first company even though that company had no revenue and retained the patents for the products.
They paid that million dollars by issuing shares through convertable debt.
They borrowed money to operate and paid back through convertable debt.
Then they determined that they needed to change their business plan to a different line because the first attempt was not viable.
Just so happened the CEO of the public company happened to own a private company currently in the business they were interested in.
They purchased the second private company from the ceo of the public company also using share issuances.
They actually spent more money selling those shares than they did running their business.
They paid the couple of employees they had with shares
They paid for share promotion with shares.
They were good
I got your message, thanks
If you are lucky enough to be in on the right side of the pump you can make some money. I don't think patience is the key. It's luck plain and simple. I guess you have a fifty-fifty chance.
Patience may work once in a while but not if a company is willing to repeatedly work the share price down as low as it can go and then reverse and start the clock over again. You may just be waiting suffer the enveitable.
They may be fully reporting however that just means they will inform shareholders of share structure changes after they have filed and they are pending effective dates, of course by then it's too late.
This company has a relentless history of cashing in on shares. Using shares to pay off every aspect of their business. Debt, compensation, promotional share issues, everything.
It is just a cash register
Slojab is being honest about his opinions
Closer, Closer,here it comes
Cellular connection=Stuart Turk=you will see .0001
It's the same old stuff with every round of pumping.
The debt load has never been and IMO never will be paid.
They have never stopped selling shares, not since the first day of trading. NEVER EVER EVER
I billion today, There is nothing to stop them from doing yet another reverse in the future and restarting the share fountain. They have done it before. multiple times.
They spend more money promoting shares than they do promoting their business. Of course they pay for that promotion in shares.
Carry on though, you might get a bounce.
Two things this stock has never had
A stable price
A bottom
Todays floor is tomorrows ceiling
I have followed this company since before they were registered. This company has never done anything BUT sell shares.
They use shares to buy promotion to sell shares
They use shares to compensate the 2 employees listed on their sec filings
They are using shares of this company to buy a private company from the CEO
They have never made a profit
They are way smarter than most of you at this so good luck
slojab is about the only one you will read on this board that has an opinion worth hearing, except for me of course....:)
I thought it might run for a while like it has in the past. You know they always played the prs. I was thinking of gettin in but a quick slap to the nads woke me up. I'd rather do it myself than let this CEO do it.
Pump and dump
nuttin new
I looked at your scan screen and vtpi is not reflected on there at all. I believe that was the subject. I am unconcerned about your system
Owning this stock is whats funny
http://investorshub.advfn.com/boards/complex_terms.asp
9. constitutes spam or off-topic content, which are defined as:
Posting the same or similar content to more than two (2) boards within a calendar day;
Continually posting the same or similar information;
I would guess you would be in violation of the terms of use, but on this board and Ihub in general pumping is the norm so you are probably alright.
Friday
Mostly repetitive post of various boards
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49364634
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49353367
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49353285
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49353215
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49348909
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49344519
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49344498
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49344469
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49343485
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49343392
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49343386
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49343293
Wednesday
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49263948
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49261980
I think it's pumping but thats just my opinion
You sure have been pumping this on a lot of boards
Look at that news alert thing above
How cool is that.
EKO-FLOR Featured by CIMC Vanguard
at the 2010 Mid America Trucking Show
Conforce International, Inc. (OTC: CFRI) is pleased to announce that as a result of positive test results in connection with its new composite transportation flooring product, Eko-Flor
will be featured by Vanguard National Trailer Corporation, a wholly owned subsidiary of CIMC Ltd., at the 2010 Mid America Trucking Show (MATS) being held at the Kentucky Exposition Center in Louisville Kentucky today through March 27th.
Eko-Flor™ was designed to establish new standards in weight, strength, performance and service life. Using advanced technologies, Conforce has been able to produce an extremely durable composite panel that is significantly lighter and stronger than hardwood, yet remains competitively priced. Having met or exceeded the required test parameters, Eko-Flor™ was recently TTMA RP-37 certified for use in over-the-road trailers.
Perry Pearlman, Conforce Vice President of Business Development, stated that "the trailer industry is driven by innovation. They seek and embrace new technologies that reduce weight, increase payload and positively affect the industry's carbon footprint. We are thrilled to be able to offer a solution that meets all of those requirements".
About CIMC - Vanguard
Vanguard National Trailer Corporation is a subsidiary of China International Marine Containers, Ltd. (CIMC), a global leader in container manufacturing since 1980 with facilities throughout Asia, Europe, Australia, North America and South America. CIMC is focused on becoming an international partner in modern transportation, dedicated to manufacturing industry-leading containers and trailers for customers worldwide. Since 1996, CIMC has ranked number one worldwide for container output and sales volume and currently holds over fifty percent market share internationally.
News from Conforce
EKO-FLOR Featured by CIMC Vanguard
at the 2010 Mid America Trucking Show
Conforce International, Inc. (OTC: CFRI) is pleased to announce that as a result of positive test results in connection with its new composite transportation flooring product, Eko-Flor
will be featured by Vanguard National Trailer Corporation, a wholly owned subsidiary of CIMC Ltd., at the 2010 Mid America Trucking Show (MATS) being held at the Kentucky Exposition Center in Louisville Kentucky today through March 27th.
Eko-Flor™ was designed to establish new standards in weight, strength, performance and service life. Using advanced technologies, Conforce has been able to produce an extremely durable composite panel that is significantly lighter and stronger than hardwood, yet remains competitively priced. Having met or exceeded the required test parameters, Eko-Flor™ was recently TTMA RP-37 certified for use in over-the-road trailers.
Perry Pearlman, Conforce Vice President of Business Development, stated that "the trailer industry is driven by innovation. They seek and embrace new technologies that reduce weight, increase payload and positively affect the industry's carbon footprint. We are thrilled to be able to offer a solution that meets all of those requirements".
About CIMC - Vanguard
Vanguard National Trailer Corporation is a subsidiary of China International Marine Containers, Ltd. (CIMC), a global leader in container manufacturing since 1980 with facilities throughout Asia, Europe, Australia, North America and South America. CIMC is focused on becoming an international partner in modern transportation, dedicated to manufacturing industry-leading containers and trailers for customers worldwide. Since 1996, CIMC has ranked number one worldwide for container output and sales volume and currently holds over fifty percent market share internationally.
The original release actually came from Bayer Material Science
http://www.bayermaterialsciencenafta.com/news/index.cfm?mode=detail&id=43BB0A5D-F473-B167-FD73DDC23A7308BE
I found it in another place with a link at the bottom to the Conforce web site
http://www.pu2pu.com/KNOWLEDGE/Featured_Docs/Featured_Docs_Details.aspx?ID=1025
I think they are still partners
EKO-FLOR Composite Flooring Modules for Trailers Gain Strength With Polyurethane Resin System From BaySystems
http://ides.typepad.com/plastics_news/2010/03/ekoflor-composite-flooring-modules-for-trailers-gain-strength-with-polyurethane-resin-system-from-ba.html
I'm really not either, I got involved with it trying to see what my kids were up to. It grows on you though.
type conforce investor on the facebook search bar
I made a facebook page for "Conforce Investor"
Stickys need to be updated, you don't want to be inaccurate do you moderator?
The total number of shares of stock which the corporation shall have authority to issue is: one billion and one million (1,001,000,000) shares, consisting of a class of one billion (1,000,000,000) shares of Common Stock, par value of $0.0001
It seems the more unscrupulous they are the more they follow the legal necessities. As long as you keep it legal you can do anything you want. A funny scenerio would be that they sold the shares before the filing and now they don't have a majority. This is all conjecture though.
You're right. I won't mean a thing until they file with the sec. this would require a filing and a symbol change. I'm not saying it won't happen, I'm almost sure it will. If Levine holds a majority position he dosen't have to vote it, his shares would be enough. He can just keep issuing himself enough shares to maintain majority. He could probably issue the shares, authorize the split, then sell the shares even. I think thats what probably happened with the 65 mil. issue. the events seemed to be concurrent. I know you know all this slojab, this is just what I think about it. I haven't found any filings and thats strange, previously the filed then released the info after the fact.
I should have forgotten also
Isn't that what shareholders are for?
It is possible I could end up here alot
Thats the thing, they are'nt a pink sheet. They are a fully reporting company listed on the otcbb.
Everytime they release another of their fluff prs, the promoters line up the suckers like a shepard hearding sheep.
The past dismal performance is there in black and white, but no one cares. The pumpers pump, the suckers buy.
It is soooo crooked.
For The
Three
Months Months
Ended
October
31, 2009
Sales $ 2,670
Cost of sales 21,616
"We believe we will need to raise capital of approximately $300,000 to $350,000 through either debt or equity instruments to fund our operations for the next 12 months. However, we may not be successful in raising the necessary capital to fund our operations. In addition to the amounts needed to fund our operations, we will need to generate an additional $500,000 to cover our current liabilities for the next 12 months."
projected $850,000
How can this possibly be legal, Year after year, time after time.
Don't most companys sell products to raise money instead selling shares. I thought that was the object of actually being in business.
I think I can figure out who the stockholders are that this would be in the best interest of.
They need
$800,000 to run a business that makes $10,000 at best
I'm not at all sure their employees (2) should be compensated.
I don't think most people could get away with that kind of performance at most companys. Unless selling shares is really all you're interested in, then they deserve a bonus.
The correct answer to that question would be no
Is that the ostrich investing style
This company historically has not informed shareholders of actions until after the filing is in place. An educated guess say's Monday it will be public. The date of the filing will precede the shareholder announcement
An oppressive regime will never consider the concerns of the oppressed to be relevant. Arbitrary actions are the norm.
It's not relevant to who? It's relevant to me