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PMGJ Accumulating this one eom
dumbboy
I don't like calling you that, but that is your name...
I do indeed know your position.
Print coming, we have the float here...
Hope you and yours are well.
stoc
Yes, I hear that all is progressing well, this issue is going to do very well once it prints.
Penny
back at ya
Prudent
Very true, I am sure he will when legally able.
Walker
I agree, the company is doing everything right, just a matter of time until the symbol is changed, then the all important print.
The company is progressing all the while, quite certain they have much to tell the public.
RPDI
Management did not follow through and offer verification in any way of news released.
Dilution present.
Conclusion: Bad Pick
WRII
Volume is only ingredient missing.
ZIPL
Have call into Zachs.
ONMC
When I report something that has been discovered during due diligence, I report it here.
The shell folks have gotten one deal done, that is public information now.
ONMC shell will have a merger partner as well, it is just a matter of time.
GSIEF
I see we have some intelligent folks continuing to accumulate here.
Thank you for your messages, I would expect to have confirmation of the symbol change here very soon.
Congrats to all who have shown patience watching the company develop.
Thank you sellers eom
WRII Comment
This board is really starting to get a bit off track here as far as mindful thoughts and posts.
Lets look at the facts:
Who is running this?
Former Wall Street Exec and other notable business people. Find me another pink CEO with a former Drexel or any exec near that Tiffany address.
What business are they in?
A very profitable and growing business that is located in the best spot in the world, Las Vegas. Find me a more profitable business dollar for dollar.
Find me a better climate for this type of business than Las Vegas.
What was brought into the shell?
A multi million dollar piece of real estate and the operating business. Find me a better looking building, interior and contents.
Did the owners reverse split the shares and screw the exisiting shareholders before the merger?
No, and it would have been so easy, the most profitable move they could have made.
Take the 20 million o/s before the merger, announce a 1-20 and wipe out the existing shareholders. Then, announce the merger and start issuing shares.
You see it all the time, but not here, they could have done it but they did not, may have cost them $1000 dollars to do the filing, tops.
Absolutely unreal that folks are speculating a r/s only one session after the merger announcement was made without a premerger r/s.
It really bothers me some don't think before posting, not thinking about the current shareholders or the ones that may be considering looking at the issue.
The company does the right thing for the existing shareholders pre merger, then hours later, posts appear about a r/s.
I'm shocked really to tell you the truth that there is such little critical thought.
Do not pm me any further folks, do your own dd, I could care less what you do.
I'm done with ya, good luck.
penny
very true
and we all know how much the states love to get their taxes
back taxes is a very dominant driving force behind the reasons shells are allowed to be transferred.
stuck shareholder concerns are a large factor as well, if somoene new takes it over, then the shareholders get something in return as opposed to what they had mired in the non operating shell company...
penny
thank you for your support
glen
This is the way it works:
Shell operators/sellers/brokers search around for companies that have not kept their filings up to date.
When they find one (like ZIPL for example) they petition a court to have themselves appointed receiver or trustee of the "abandoned" corporation.
Each State has its own rules about how this process is to take place, sometime it does not work out. Zachs appears to have gotten lucky and he may still have his shell.
Zachs does not understand how this could have taken place, this is what has annoyed him the most, he will get over it, it happens more than most know.
He hadn't done anything with the shell because I don't believe he really thought about it. He has alot of things going on.
Will discuss with him and report back to board next week.
Merry
Agreed
This is what the forum is all about, discussions and to some extent debate.
Thank you for your participation.
Merry
One would think they would want to see the issue trade for a few months until making any monumental decision as you infer.
But, we all think differently.
Merry
Gave you the numbers, thats all i can do.
I'm quite certain that the insiders are very well aware of what they have going and the potential share price potential.
My bet would be that a former Wall Street exec may know how to bring value to a security and would not be tempted to sell at these ridiculous prices. But we all have to place our own bets now don't we ?
That's what makes markets, buyers and sellers.
Merry
No need to speculate here on some points:
Here are some facts surrounding the situation at hand:
Zachs/Appointed "responsible" party of Zachs did not properly care for the shell, the Delaware State filings prove this out. (See supporting evidence below)
Yes, a middleman was involved in the shell brokering, it turned out that this shell was not properly administered either before or after Zachs ownership.
This is why DR/Minxx left it, to do anything else would have been irresponsible.
Sure, Zachs is annoyed, but it's his own fault ultimatley as it is clear that he or someone he assigned to the task of keeping up the filings did not follow through.
As far as the Minxx club folks, they bought what they believed was a perfectly good shell, turned out not to be the case. Not Minxx's fault. They did the proper thing, withdrew and found another shell.
I will be speaking with Zachs next week, I am the next largest shareholder besides him and the Zachs family trust et al. I didn't speak with him much the other day out of respect for Rosh Hashana.
No, I am not a mindreader lol, but I have been told there are some communicative powers that do appear on occasion.
Here is a screenshot copy that my counsel retrieved from Delaware records that concerns the filing ongoing (and incomplete) status of ZIPL, this document clearly reveals there was no appropriate and timely activity during Zachs supposed tenure, this precarious situation is what left the company vulnerable to takeover by the shell brokers ultimately.
This link shows and proves beyond doubt that there was no activity by Zachs et al from 2001 until 2007.
IVOT
I have spoken with my legal counsel (all former SEC) about issues here at IVOT.
The press release about the Tropical Screen et al merger indicated that the merger would be disclosed by August end.
Telephone conversations with the officers have always indicated that such was ongoing and true.
A poster indicated that he/she had spoken with the merger candidate, Tropical Screens/Aero et al, and he indicated that they could not comment and considered themselves in a "quiet period."
That is painfully obvious to most.
Said public and private claims have not thus far proven true, therefore, I will act accordingly with counsel.
ZIPL
MinxxDR Nevada had to withdraw from the shell as the shell was never properly taken over in Delaware it appears.
The Delaware filings clearly show that the controlling shareholder and officer, Henry Zachs, did not keep the filings up with the State.
A shell operator tried to take it over but must have not completed his or her task, as Zachs is claiming to assert control due to a technical legal issue.
No way Minxx/DR could stay in the shell, not a good business decision. So they legally terminated their merger with ZIPL (Nevada filings exist to document such) and moved the club and its assets into WRII.
R/Mergers are sometimes difficult (at best) to transact, this one with ZIPL did not work out.
The good news:
Henry Zachs is a good businessman, my bet would be that eventually he will do something with the shell now that he realizes the value of putting something worthwhile into it.
GSIEF
Great to see news from the company, prints/T&S coming, this will change the entire complexion of the way the security trades/trends.
Great news, patience pays eom.
Adding here eom
Put them on the ask if you want to sell eom
Adding here
Do not pm me and ask me what is going on, stay with us or put your shares on the ask and get out of the way.
Thank you all who are supporting us.
Be Patient, this will turn out to be a great profit for those who know when to average down in weakness, just like GSIEF and some of our others.
If you want gaurantees, go to the big boards and the Nasdaq and try your luck there.
Link to r/m company:
Wholly owned subsidiary of Prosperity Venture:
http://www.tropicalscreen.com/
IVOT adding here today eom
RPDI
Everyone is ignoring this, I am not.
Moving on this, if you wish to sell your shares, please put them on ask.
Thank you.
GNLN just came on high bid
Folks, when was the last time you saw Goldman Sachs on the high bid in any subpenny ?
IVOT
Huge accumulation going on here
it will go soon
price action very be strong for such a slow day and week
at this price it is still only 1/2 the market cap it should trade at being just a shell otcbb
with the hurricane merger coming, this will trade into the cents without much resistance.
IVOT
Facts:
o/s of 54 mill or so values the entire company at 400 k
insiders must own control block of at least 51% = 27+ m
that leaves us with a max 26 million float
this is a fully reporting otcbb
fully reporting otcbb shells with no business sell for 750k and up
conclusion:
strong buy
Accumulate this one for news on incoming hurricane related business and the fact that it is undervalued by half even as an empty otcbb shell
Good luck and health to all.
claudio
sent
ONMC:
The Ibox will be changed soon and will not be featuring the Barite merger connection.
Due diligence information gathered will be placed in the Ibox when the Company releases the news that verifies the incoming firm.
Thank you for your patience.
ONMC
Adding here eom.
claudio
critcal thought is important
folks must decide what they wish to do with their funds
I can only report what I have found.
I report, yu decide.
mineola
Thank you for your comments.
I have credibility, look at my posting history.
Wait for news if you wish.
All the best to you and yours.
ONMC update alert sent eom
ONMC update sent. eom