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wath I learned from Chadbourne Law Offices, P.A.
Law Firm in Portland, Maine 178 Middle Street, Suite 400
Portland, Maine 04101-4075
(Cumberland Co.)
Contact Information
Phone: 207-780-8600
Fax: 207-780-9600
They don't know Podium Venture ??? Witch is 10 houses away ?
They can find out what the case was about.
The only thing I found out that Diversity-Breach of Contract means that the case is about 75.000$+ !!!
There are 15 Lawyers in Main Middle Street, one will know what's happening, I'll phone them all because I dammed want to know what is happening to my money !
Today the weather is so bad there that every office closed at 4PM.
So more tomorrow, and I will find the reason why we don't get a PR, I always did !
Mr P DD
What is the DIRECT email of Jim McG. ?
Got it, I'll find out what this case is , is somebody living close to Main in Portland ?
Highway , I didn' lie , it's on the Court's website !
And Wahoo has to do Christopher Astrom
http://www.justia.com/search.py?cx=001017683474852908061%3Adlxea-_fdcy&q=WAHOO+FUNDING+INC&s....
An that's CRIMINAL law
What does the cause action : Diversity-Breach of Contract mean ?
For those that live close ( for me 5000 miles ) here is the map , pls. and ask the court what's going on, or I sent my own laywer to Portland, nobody is going to play with my money !!
http://www.justia.com/us-states/maine/courts/district_court/main-office.html
The lawsuit in detail, I'm a quicker DD'er than Gravy :
Go on this website :
http://dockets.justia.com/search?query=McGinley&search=Search&stateorcourt=state-me&laws....
or just look for
http://www.google.be/search?hl=nl&q=MCGINLEY+v.+WAHOO+FUNDING+INC+&btnG=Google+zoeken&me...
MCGINLEY v. WAHOO FUNDING INC
Case Number: 2:2007cv00059
Filed: April 3, 2007
Court: Maine District Court
Office: Portland Office [ Court Info ]
Presiding Judge: JUDGE D. BROCK HORNBY
Referring Judge: MAG. JUDGE DAVID M. COHEN
Nature of Suit: Contract - Other Contract
Cause: 28:1332 Diversity-Breach of Contract
Jury Demanded By: None
Portland - Cities and Towns - Maine - States - U.S. - NewsA cat owner from Portland filed a class-action lawsuit Friday against the Canadian ... Podium Venture Group, Inc Subsidiary N'East Magazine Increases Retail ...
If you guys do some DD on local Main news you will see that last week somethings happenend
http://www.wikio.com/u.s./states/maine/cities_and_towns/portland
The float must be about 10-20 times higher then before , if I have to believe everybody here, I think the board alone holds about 30.000.000 already, maybe we are the only ones LOL
We miss updates on the 51% (1%)and revenue. Told Jim last week ,
he told hold on for 7-10 days, it's a hard battle to get the 1%. I have tooooo many shares now, I put my GTC limit on 0.02 to sell 8.000.000 shares , will close my laptop and don't look at this MM madness anymore. 5 days on a row, dressing at higher price at the opening , closing lower every day. Even the most patient investor would loose it with this one.
Eather he has a reason not to update us or there is simply nothing to update. If he lets the price go below 0.001 he should take action. I prefer no pr's than the 3 last ones we got. No revenue, float and mag deals and the MM's can even drop this till 0.0005.
Question remains, if he anounces the public float is 80.000.000 or more, the deal is in and first revenue is 450.000$ , will this stock move to 0.005 ? Who knows ? How will we sell all those shares if the volume keeps dropping when the price goes higher ? Who will buy at prices higher then 0.004 ?
I invested now 17.0000$ in this , I make 17.000$ / month on my job as a manager ( freelance ), well if I loose it all, I'll work 1 month overtime and spend my money in Vegas, at least there are no Market Makers playing around with your money there ... lol
Peter
It's very funny, just got 570K shares more at 0.0019 after 2 hours and then it goes immediate to 0.0017. I'm approaching alien now( he has 11.000.000 shares ).
The bag can not be big enough anymore. No gambling without loading more and more until my AVG price is 0.002 ( I'm close )
P
I'm I holding a big bag or will I become a millionaire ;
I hope time will tell ...
Peter
I talked to him and told everybody here that he is for real and sounds real ; he is not a bluffer, he wants to build it piece by piece. I'm happy with a certain gain and then I'm going to daytrade with QQQQ on the NASDAQ for the rest of my life , 500$ / day is easy money when you play with 100.000$ per trade ...
I guess 0.005 next stop, then 51% news 0.01 , then revenue 0.02 and then I have 120.000 Euro's already ; time to put a GTC limit order in at 0.019 , close the laptop and dream ...
Peter
If the share price goes back to 0.1 I can stop working, nice dream ...
Alien
My tought is simple. Jim gived us REAL progress news and wants to keep the best for the last. The 1% is or was a hard battle I understood but I'm sure he is holding the PR close to the heard. Trompetting PR's is not a good sign too.
Until now I'm happy with the progress.
That man is absolutely very friendly, takes his time ( it was 10AM his time, 7PM my time ). He doesn't make promisses and I didn't talk about the PPS because it's clear that MM's profit from the low volume to make the price they want.
Looking at level 2 the next after 0.0035 will be 0.005 and I decided to hold on my shares for another quarter.
Sorry for the 2 ID's , I don't have anything to hide and I want to take all bad words back I ever told here.
He sounds real , very real , realistic and warm hearted !
P
ID's : well I'm not going to explain again, found my password back for this one, the other one was the one I used on my job with saved password ( which I don't remember ). Will not use it anymore.
Finally got in touch with Jim today. Asked him about why not a PR on the finalization of the mag deal.
He told me it's the 1% that's causing the problem ( SMMW ).
Just told me to be patient for another 7-10 days ... ?
Again strange trading; I got 880.000 shares rigth after the opening and look at the price now ...
Date 03-04-2007
Market US markets
Buy/Sell Buy
Quantity 880000
Symbol PDVP
Limit 0.0013 USD
Order type Limit
Currency USD
Validity Day
Market status: E
Execution date 03-04-2007 15:36:52
Execution quantity 880000
Execution price 0.0013 USD
I know I hope there not naked ... again
Noop they don't care , got 1.000.000 shares and the only thing they do now is lowering the ask to 0.0018
Order Details : US2843782
Date 28-03-2007
Market US markets
Buy/Sell Buy
Quantity 500000
Symbol PDVP
Limit 0.0016 USD
Order type Limit
Currency USD
Validity Day
Market status: E
Execution date 28-03-2007 21:27:12
Execution quantity 500000
Execution price 0.0016 USD
Date 28-03-2007
Market US markets
Buy/Sell Buy
Quantity 500000
Symbol PDVP
Limit 0.002 USD
Order type Limit
Currency USD
Validity Day
Market status: E
Execution date 28-03-2007 20:45:08
Execution quantity 500000
Execution price 0.002 USD
I'll take another 2.000.000 tomorrow until they stop this madness
P
Try 500K at 0.002 now
Still the same 460K at 0.002 then 300 ? at 0.0014 , I have 1.2Milj at 0.0015 put they just past it by
I had only 1 other alias, pitoe but it didn't work anymore and created another one. And board owners , if you don't like it remove me from the the board , I'm just somebody that invested in this hoping on a miracle, I don't like what they tell here
about me.
Sometimes you have to wake up the owners of the company that we own part of his company and that we need to be updated with revenue and deals comeouts that's all.
It looks like I auto-logon with my old alias in netscape ( pitoe ) and with my new one in explorer 7 ( saved user/passwd ),
I use both browsers , I just noticed this now looking at my messages that yesterday i used netscape
P
Clarification
I started buying this stock at 0.012 and accumulated to average down to 0.003.
I don't own the 20.000.000 myself
What I ment with the post yesterday with me and my buddies was ment for the owners of this company, not for the buddies on the board here, just to wake them up that we public owners are getting tiered !
Buddies ment , the rest of the people HERE on the board.
I'm sure we own 20.000.00 together and that most of you are ready to dump if nothing happens.
I was purchasing this stock with blocks of 100-300K maximum and I'm not a shorter.
My apologies. I should not speak to the board of the company
like this !
I'm not a manipulator, I just wanted to wake up the CEO to update his public holders with accurate details.
Peter
Investing is a joint effort. We do the effort of holding and investing in his company why he injoys the joint.
P
Well I was right didn't I
SUNW : 1,13% up
MSFT : 1,9% up
That's 150 bucks ... if I was not bagged by Jim's dream.
If this company was going to be so popular, generating revenue, we would see backing up the truck now. PR's don't have any result on PPS anymore. One thing is for sure, if this is for real it would not be at 0.003. I think we will be bagholders in the end anyhow. I'm holding till 0.013 and will fly over to meet JIM in person if this ever happens.
P
UPCOMING events
N’East will be attending the US Open of Snowboarding in Stratton, from March 16 -18. Tyler Briggs, Communications Director: “This will be our second year as a media sponsor for the Open, and as one of the biggest events of the year for N’East, we plan to keep the vibe alive. With the Green Issue in hand we hope to school some groms on what to do with all that schwag after they are done with it.” Right after the Open, N’East will be back in Stratton at the VT Freeskiing Open from the 23-26 of March. You can also catch N’East at the Orage Pros and Powder Tour at Loon Mountain March 3 and Stowe Mountain March 31.
I could not sell and got tempted again when it hit 0.001, got another 1.5 at 0.0014 and 800.000 at 0.0017, i was very angry that nigth
Well, I think I'm the biggest bagholder of the publik float with 15K $ invested AVG now is 0.003 and I think I'll have to keep my bag long now. I'm not proud that I own 3.800.000 shares of this scam
This stock is patetic£. Dump of 1.500.000 coming bye and good luck with this POS !!!!!!!!!!!!!!
I called him 1 month ago and I was told also about dillution of the float and 0.13 post acquisition PPS value.
May be we should try something else like going to some good lawyer and let him explain false promises in court LOL, unfortunally I don't live in America
Make, saw your email , he got it all in his mail box.
I own a company of myself and I dammed know about what I'm talking. I'll not be an easy person for him to discuss
with but I think he will not reply
Russ
I mean , I have another 2.5K I took out of SUNW Sun Microsystems , I had 35.000 shares from back in July at 3.9 and sold part of it today from which I want to add 1.000.000 shares in this but 2.500.000 lookes a bit too much. If Jim dissapoints with the 51% and we have PPS dillution this dream can go quickly to 0.001 and being short sold till internity.
I just gamble on getting my 1.500.000 out at 0.02 which would mean also 15K$ gain for me. I'm a daytrader playing on 1-2% gains several times per day making quick 100-200$ on a day base but this I do with SUNW,ORCL,QQQQ,CAT,OVTI because there I'm sure I'll will never be a bagholder within 6.5 hours unless Osama passes by
I
make
This stock is a mistery, I have my last 2500$ , I can add another million ( I have 1.500.000 now ) but I'm really afraid that this manipulated stock is getting clueless and worthless
The more we buy, the lower it goes, every news PR we get it starts dropping, may be we need bad news to get it higher LOL
How will I sell 1.500.000 shares on this volume ?
We go down till we get an answer on the 3 messages posted by Russian123 ( 3121 - 3123 )
Ever tought about a merger Jim?
There are many reasons for parties to decide to merge rather than treat the combination as an acquisition. Some of the more frequently encountered reasons are
A merger does not require cash.
A merger may be accomplished tax-free for both parties.
A merger lets the target (in effect, the seller) realize the appreciation potential of the merged entity, instead of being limited to sales proceeds.
A merger allows the shareholders of smaller entities to own a smaller piece of a larger pie, increasing their overall net worth.
A merger of a privately held company into a publicly held company allows the target company shareholders to receive a public company’s stock, despite the liquidity restrictions of SEC Rule 144a.
A merger allows the acquirer to avoid many of the costly and time-consuming aspects of asset purchases, such as the assignment of leases and bulk-sales notifications.
Of considerable importance when there are minority stockholders is the fact that upon obtaining the required number of votes in support of the merger, the transaction becomes effective and dissenting shareholders are obliged to go along.
I would
I
PPS dillution it is called not ?
Assume that the acquisition makes sense, in that it is expected to create additional value to PODIUM's shareholders. Thus, if PODIUM pays a fair market price for the acquisition, the price of PODIUM's stock should go up by the amount of value creation per share.
A drop, or a dilution, in PODIUM's stock price suggests that either PODIUM would end up paying more than the market value of Company X, or that the acquisition destroys shareholder value, that is, it does not make good business sense for PODIUM to acquire Company X.
Analytic objectives–impact of earnings accretion and dilution on equity value; analysis of cash flows for debt service.
How the combined company’s form influences the approach to forecasting–mergers versus acquisitions.
Forecasting synergies–common omissions that overstate operating results.
Cash flow effects from net operating loss limits.
Shiw us the reality behing the acquisitions El Presidente
I own a company myself
Well well Sir El P.
I didn't post here before but :
1) CEO's that post on a chat board, well I don't know but are they taken serious ?
2) We don't own 10% of the public float ?
Well if the public float is now 20.000.0000 I have already 5% on my own. We own on the board at least 20%
3) The pps should be 0.13 after the 3de acquisiton ? Well we are lucky not to have seen 0.001.
4) No dillution ? Look at the average daily volume over the last 2 months and tell that again.
5) The divvy, nice , everybody sold them immediately.
No updates on the 3de aquisition, completed or not, that so called babeloeba list of public investors where is it.
How are the acquisitions payed, cash or not ?
Well Sir with all respect for your company, we definitely own 20% of the public float here and we assume we are investing in our future and it looks like you don't care very much on accurate updates of your company that make your investors keeping faith in their investment.
The only thing we saw over the last 3 weeks is your pps being
dumped and or manipulated to 0.003.
What we need is accurate data on the public float and REVENUE
WE ARE PART OF YOUR COMPANY AND HAVE A FAMILY
I KNOW ABOUT THE RISK OF INVESTMENTS ON THE PINKS don't give me that as an answer. I know there are 5000 companies that give you a 10% gain year per year but I have choosen your company to invest all I have in it and I'm down 70% in one month, since 1993 my worst investment on the stock market and the reason is not because it's a pink
I ( Russia )