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We need more news and updates if we are to (a) buy more stock or (b) hold onto stock.
It concerns me that the o/s rises and that contracts are being paid with stock at the expense of shareholders.
weird spread on this now
Time to load'em up - this one is going to fly
Great law.
Here in Costa Rica it is the opposite. If you are in an accident, then you cannot legally move your car until both the police and state run insurance arrive and tell you it is safe.
I can't even imagine what people would do if they did this back home in LA.
Someone is slowly accumulating this one....
Clean-Water Sector Sees Just a Hint of Growth
by Dustin Kahler
“Whiskey is for drinking; water is for fighting over.” Often attributed to Mark Twain, whoever said that seemed to have quite a bit of foresight, something the mainstream cleantech community is only recently warming up to. The fights over water use facing utility scale solar thermal projects in the desert Southwest may have a lot to do with opening the eyes of the clean-tech community, but the sector’s challenges and opportunities are much broader than that, as scores of Californians, Middle Easterners, and Australians will attest. So why, with the problems so immediate and demand remaining strong in the $58 billion annual market for water technologies, has water investment as a percentage of venture investment declined since 2005?
To be fair, said Michael Hanemann at last Friday’s BERC Energy Symposium at UC Berkeley, the private sector has been scratching its head about how to take advantage of business opportunities in water for years, but the opportunities are just not that easy to monetize. He noted that nearly 90% of Americans receive their drinking water from public water systems. While about half of drinking water utilities in the U.S. are privately owned, these companies provide water to just one tenth of Americans served by public water systems, and only 3% of Americans get wastewater services from private utilities (National Association of Water Companies). There are some giants in the water industry – GE, Siemens and Halliburton are heavily involved, but many may have never even heard of the world’s largest water company, France-based Veolia Environnement.
But despite the lack of hype about the water industry over the last decade, there seems to be an awakening as of late as academics, nonprofits, investors, and entrepreneurs align to take a shot at breaking through the barriers to innovation in the water sector. For those interested in catching up on the space, The Cleantech Group featured quite an interesting corps of water leaders at its February San Francisco Cleantech Forum, and UC Berkeley’s BERC Energy Symposium had an excellent panel of water experts including Steve Weismann of the California Center for Environmental Law and Policy, Matthew Heberger of the Pacific Institute, Laurie Park of Navigant Consulting, and Noah Goldstein of Lawrence Berkeley National Laboratory, in addition to world-renown professor Hanemann.
Numerous prizes have also recently been announced for water sector startups in an effort to jumpstart investor interest in the sector, and it will be interesting to track the winners’ progress. The Cleantech Group and The Guardian’s Global Cleantech 100 included 12 water and wastewater companies, and the nonprofit Artemis Project’s annual competition highlights its top 50 water technologies. Imagine H2O announced French-American vineyard water efficiency startup Fruition Sciences as the winner of its Water Innovators Prize just this past week. The Water Innovators Prize was particularly focused on water efficiency, an area that has led to a massive decline in industrial water use over the past fifteen years but has had little impact on residential water use. Let’s all hope that some of these incubators are able to nudge water technologies into the marketplace to make more of a dent in this space and others. If they succeed, it will be an exciting year for an often-overlooked industry.
I do realize that many pens are used, but was making fun for this instance.
I think this article sums it up
http://www.miamiherald.com/2010/03/23/v-fullstory/1543567/congress-sacrificed-many-of-health.html
* The final package will leave 22 million people without coverage, nearly 6 million more than originally intended.
* Low-income workers receiving subsidies will end up paying more in premiums than they would have under the original House proposal; they also may have to pay more out of pocket on deductibles and co-insurance. (To be sure, the final version offers people significant financial protections that they don't have now.)
* The final package will experiment with dozens of ways to slow the growth of medical costs, but it lacks the most aggressive cost-control measures proposed during a year of negotiations.
Under the final package, people earning twice the poverty level will have to pay 6.3 percent of their income toward premiums — 1.3 percentage points more than they would have had to pay under the original House bill. That means a family of four earning $44,100 a year will have to pay $2,778 a year in premiums, $573 more than they would have under the initial House bill.
While the original House bill limited out-of-pocket costs to $5,000 for individuals and $10,000 for families, the final version uses the Senate thresholds of $5,950 for individuals and $11,900 for most families. Some families receiving subsidies could end up spending as much as 22 percent of their incomes on health care premiums and costs. These financial protections — as well as the premium subsidies — will become weaker in future years if medical costs continue to outpace inflation.
Older people who are too young for Medicare — those in their 50s and early 60s — will face higher costs than under the House's initial bill, which proposed prohibiting insurers from charging this group more than twice what younger people pay. The final package allows them to charge three times as much
Read more: http://www.miamiherald.com/2010/03/23/v-fullstory/1543567/congress-sacrificed-many-of-health.html#ixzz0j6SCpvTs
Health Care signed
They're already blowing the money on this bill...the president signed the bill with 20 pens, writing a small part of the letters of his name with each.
I mean...20 pens? Don't you think that's excessive for one signature?
Wait until they start spending money on the actual operations on this bill....
Great move back up. I think we went down because someone needed cash last week and sold at a loss...
How Obamacare is killing financial reform
12:01a ET March 2, 2010 (MarketWatch)
NEW YORK (MarketWatch) -- Barack Obama surfed into office on a wave of financial panic. A year later, he's ended up dry but the rest of us are still looking for a life preserver.
So, what happened?
Instead of making financial reform and the economy his first priority, the president chose to follow through on a domestic agenda built for better times. He went to work on health care, high-speed rail, green technology and Iraq. He put financial reform in the hands of people who contributed to the problem.
The president's choices reflect a lack of understanding of Wall Street and its relationship with Main Street. It shouldn't come as a surprise; Obama is a constitutional law professor and civil rights attorney. His background is politics and public policy. He's a consensus builder. These strengths serve him well when he pushes his non-financial domestic agenda -- such as reducing the U.S. nuclear arsenal or merit pay for teachers.
Every president comes to the job with strengths, but if anything, the first year has shown us that Obama's are mismatched with the problems the country faces: a broken credit system, the failure of regulation, the misuse of derivatives and the battle between traders and investors for the soul of the stock market.
On these fronts, the president is either in over his head or his heart isn't in the fight -- or both.
It doesn't have to be this way. A president doesn't have to be a Renaissance man, knowledgeable in all things, as long as he surrounds himself with the right people. But in this regard, Obama has fallen short, too.
He named Laurence Summers, a former Treasury Secretary and chief economist at the World Bank to be the director of the National Economic Council. Summers is a party favorite, but he has a history of kow-towing to Wall Street. Summers was paid $5.2 million from D.E. Shaw in 2008 along with nearly $2.77 million in speaking fees paid by the likes of J.P. Morgan Chase & Co. , Citigroup Inc. and Goldman Sachs Group Inc. .
When Summers was at Treasury between 1999 and 2001, Summers fought regulation of derivatives contracts and called critics "misguided." In 1998, when he was still deputy Treasury Secretary under Robert Rubin, Summers told Congress that only sophisticated financial institutions would use derivatives such as credit default swaps.
And he was right; Societe Generale and Summers' pals over at Goldman Sachs got a nice return on their investments.
It's important to note that while Summers hasn't really addressed his earlier stance, many have. Former Federal Reserve Chairman Alan Greenspan admitted he made mistakes. Arthur Levitt, the former chairman of the Securities and Exchange Commission said he "could have done much better."
But Obama's bum picks don't stop with Summers. Timothy Geithner has been a lightning rod for criticism over the government's poor negotiating with Wall Street banks over the terms of the bailout packages, especially the $180 billion lifeline handed to American International Group Inc. and its counterparties. He's also lost much needed credibility with an inner circle made up of Wall Street professionals.
Obama picked Warren Buffett to serve on the financial crisis panel led by Paul Volcker. Buffett has huge stakes in three U.S. banks: American Express , Goldman and Wells Fargo & Co. . He also has a stake in General Electric Co. , a company many believe would have failed if not for government intervention in the commercial paper market.
The right people
It's unclear why Obama picked Geithner, Summers and Buffett to be among his advisers. Maybe they were political supporters. Perhaps they were recommended, maybe the president was steered wrong. He could have pulled the names out of a hat.
There certainly wasn't a shortage of available candidates. Among them is Brooksley Born, the former head of the Commodity Futures Trading Commission who pushed for derivative regulation. There's Phil Angelides, the former California state treasurer, who played hardball with Wall Street interests. John Allison, the former chief executive of BB&T Corp. , has been outspoken about the abusive practices of Wall Street.
Born and Angelides are members of the Financial Inquiry Commission, a panel that was picked by Congress.
Obama did have the good sense to pick Volcker to lead his economic advisory board. Obama also backed Volcker's list of reforms, though support from the White House is lacking as that plan is ripped apart in Congress.
As a result, we have a quagmire economy where Wall Street keeps doing what it has always done except now it's financed by the government. The $1.2 trillion dedicated to supporting the markets and providing bailouts has handicapped the effort Obama really believes in: health care.
Ultimately, the failure of the administration to move on the agenda it wants, may force it to deal with the agenda America so badly needs addressed.
Welcome to KNSL
Welcome to VELV
ROTFLMAO
Thanks for that...I needed something to lighten up the day
was this a PR?
Higher risk if you are in at .06 like me and all the people I got into this.
FDIC regulators had been in their offices for months reviewing every deal they did or wanted to do
The company would have requested a halt
bid .08 ask .09
Feel bad for the employees...LOL
They all still have jobs. Nothing has changed for the actual bank operations except a change in company logo and mailing address for HQ.
Part of the big problem on the last run on the stock was that the Company expected to make announcements in conjunction with the 'stock awareness'.
This didn't happen, and the 'stock awareness' group got cold feet and backed off from any more promotion.
I now hear that news is coming and that there are some good things happening.
My guess is that the promotion is being lined up again now to coincide with the pending contract disclosures.
Obama's budget includes record deficit
$3.83 trillion in spending, $1.56-trillion deficit
Read more: http://www.cbc.ca/world/story/2010/02/01/obama-budget.html?ref=rss#ixzz0eJjw393E
That's definitely winning the lottery!!!
where's the pr?
Bank refused to take Obama money...government was slowly bleeding them to death by not allowing them to take any customers deemed to risky. (They had regulators in their offices for months now)
This was inevitable.
Lesson here is you have to play ball with this communist regime called the Obama Administration.
Big volume today???
looking better...that's for sure.
Maybe he can't afford a mail server @$12.95 a month?
It's not looking good...
I didn't get mine and I had 5 million shares at AOAG / PGCR
Wonder what's up? Maybe a new direction or new CEO?
MyECheck Electronic Transaction Processing News – Q1 2010
Dear Shareholders and Partners,
Happy New Year! We are all looking forward to a prosperous 2010 and the start of the economic recovery. Already, we are seeing evidence of the turnaround in recent ecommerce numbers published this week with US online retail spending for Black Friday and Cyber Monday combined reached USD 5.3 billion, growing by 47 percent on a year-over-year basis.
For the period spanning 1 November through Christmas Eve, retail e-commerce spending in the US increased by 5 percent on a year-to-year basis, reaching USD 27.12 billion.
Consumer electronics e-commerce sales have jumped by a little over 20%, while e-commerce sales of jewelry and watches were also strong. For the period from Black Friday through Christmas Eve, online sales grew by approximately 3.5 percent, while sales during Thanksgiving also rose by 10 percent to USD 318 million, as compared to Black Friday e-commerce sales which increased by 11 percent to USD 595 million.
One of MyECheck’s biggest competitors is the credit card industry. We feel that our pricing advantage will continue to propel us to new business as credit card companies continue to increase fees to make up for the $50 billion in revenue they expect to lose as a result of the Credit Card Act of 2009.
Some store-based cards, like those offered by sporting-goods chain Gander Mountain, will now come with a $1 “processing fee” for each printed statement delivered to card holders. The Gander Mountain card is issued by World Financial Network National Bank, whose parent company, Alliance Data Systems Corp. of Dallas, also issues credit cards for women’s clothing chain Ann Taylor Stores and lingerie maker Victoria’s Secret. With pricing like this, MyECheck is an etailer’s dream.
Another competitor is the ACH system. However, with MyECheck, customers cannot automatically reverse a check like they can with credit cards or ACH e-checks. If a customer has been defrauded, they go to their bank, get a fraud affidavit, sign that the transaction was fraudulent in front of a notary under penalty of felony perjury punishable by up 10 years imprisonment. The notary has to sign and affix their seal. The affidavit can then be returned to their bank and then forwarded to the merchant’s bank where the merchant’s bank decides whether or not to refund the money. With ACH a customer simply calls their bank to reverse the charge under NACHA rules.
We have begun a campaign to increase awareness of this difference and are confident that etailers will realize the potential savings.
Finally, on a business note, last month, we launched the previously announced California State Teachers Retirement Fund (CalSTRS), Regal Entertainment and Simplifile on our systems with positive results. We also continue to work on our marketing, and have been developing our sales tactics by increasing our reseller database and working with new partners.
All the best for you and your families in 2010,
Best regards,
Edward Starrs – CEO, MyECheck Inc.
I think they have contracts signed, but why they are waiting to announce is beyond me unless they are lining up some awareness?
Ugh...need something here to kick start this stock
No volume because brokers won't touch. Most brokers won't even take Pink Certs and deposit into accounts anymore...even with a legal opinion.
Trading Halts issued by the SEC place an onerous burden on brokers wishing to trade the stock even after it resumes.
They must keep up-to-date information on the company's financial status and on its insiders.
They must also have copies of the company's prospectus, its most recent annual report and any subsequent quarterly reports.
In addition, brokers must maintain current information on the company's name, address, state of incorporation, number of shares outstanding, the name of its transfer agent and the nature of its products.
Brokers must also know if a price quotation is from another broker or from an insider.
They must provide this information to anyone interested in trading the company.
read my post from the weekend. My broker won't trace it at all now.
Yes - saw that, but there is no hope they will succeed. I only hope that I can dump this puppy before .000001
Trading Halts issued by the SEC place an onerous burden on brokers wishing to trade the stock even after it resumes.
They must keep up-to-date information on the company's financial status and on its insiders.
They must also have copies of the company's prospectus, its most recent annual report and any subsequent quarterly reports.
In addition, brokers must maintain current information on the company's name, address, state of incorporation, number of shares outstanding, the name of its transfer agent and the nature of its products.
Brokers must also know if a price quotation is from another broker or from an insider. They must provide this information to anyone interested in trading the company.
No one will buy a messy Pink shell for $200k...you can get a clean OTCBB (fully reporting with 15c211) for $280k