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IS THERE A SOLID RESOLUTION FOR THIS.
NOTE 4 - NOTES PAYABLE
On February 1, 2006, the Company entered into a Securities Purchase Agreement with Cornell Capital Partners, L.P., Certain Wealth, Ltd., and TAIB Bank, B.S.C. pursuant to which the Buyers agreed to purchase secured convertible debentures in the principal amount of $2,000,000. On February 2, 2006 the Company sold and issued $1,000,000 in principal amount of Debentures to the Buyers. In connection with the Securities Purchase Agreement, the Company issued Cornell Capital five-year warrants to purchase 30,000,000 shares of our common stock at the following exercise prices: 7,500,000 at $0.02 per share, 7,500,000 at $0.03 per share, 5,000,000 at $0.04 per share, 5,000,000 at $0.05 per share, and 5,000,000 at $0.06 per share.
At quarter end, the Company no longer had the necessary shares of common stock in treasury to effect the conversion of the notes to common stock as required under the convertible loan agreements. The Company is therefore in default under the Notes.
The Company received a letter dated March 17, 2008 from YA Global Investments, L.P. (f/k/a Cornell Capital Partners, L.P.) ("YA") serving as notice that the Company is in default under the terms of the Debentures and related agreements. YA's letter states that the Company is in default for, among other things, the Company's failure to reserve a sufficient number of authorized shares of common stock to allow for full conversion of the Debentures and YA demanded full payment of the YA Debenture. Pursuant to the terms of the Debentures, the Company covenanted that it would reserve a sufficient number of authorized common shares to permit the conversion of the Debentures.
Another day in the grave.
At this point I do not believe Jason is swayed in his time tables for doing things by the complaints of people that wouldn't sell at these levels anyway. I think it is fair to not buy any more shares until the group gets what it wants for it's continued support but at the same time we have to be fair in saying that he is listening and things are getting done.
I beleive that it is a good idea to get up on pinksheets.com for what it's worth. I believe there are people that do go by the information provided on there. I too, have fell into the hype of complaining but why does Jason have to PR every little thing when for the most part collectively as a group you all know what's going on at all times. You say you don't know where your money is going but yet you knew it went into opening up InVogue. You say you need them to PR that the store is open but you already knew it was open when the door unlocked. A PR would just bring in new investors but yet, you don't want anyone buying anymore shares until you get your information up front, so why do you want a PR. If anything it would work against the red flag theory for holding off on buys.
This was not directed at anyone in particular it just came to mind as I was reading through.
Put Your Money Where Your Mouth Is
I was just wondering the same thing how can these people that claim they own companies and have employees just disappear own day out of the blue with other peoples money and not have to do or say anything to anyone about what happened to the money. I understand that they are none reporting but that should be none reporting in regards to the money they are making if it's not enough to raise an eyebrow but they should still have to report what is happening to the money that people are investing into there ideas. I have watched 5 companies just up and disappear in the last couple of months to a year and it just blows my mind. I go back and forth and read what other people have to say and they don't know upi from down on things that they believe they have researched to a T. I just don't get it. Whqat happens to these so called CEO's at the end of the day when no one can find them. Are they really just vacationing on a beach somewhere. I would hope they are not. They should do them like they do people that miss out on child support payments take there whole income tax check until the debit is paid. I bet you they will try a little harder to get peoples money back.
You know he's probably not the only person in the world with that name. If you google it a bunch of different people have the same name but with different professions. How do you know it is him?
I though PR
s were more like $500.00
There is some trading going on but no information to warrant it. Whose buying?
No, no one is home. I believe everone has moved on to focus on more promising ventures. If this one is going to do something we don't need to watch it for it to do so. There hasn't been anymore news that anyone can vouch for since like March so, only thing anyone can do is hold what you got.
That's very true.Some of the other holders of pinks can't even pay there CEO's to lie to them. At least we get a hallmark card every now and again when we put in money, just to tell us he hasn't forgotten we pay his bills.
Put Your Money Where Your Mouth Is
Considering that I have a stock or two that is sitting on .0001 with 0 volume, > 12,000,00 is a good amount of volume for something that is in red flag status.
So if most peope here and I'm sure on other boards have decided not to fall into the trap of dilution then who is buying all these shares lately. We still have a good amount of volume but none of use seem to be to interested in buying so who is?
Man we got some attention today on thiss board.
I think it was from October or so I was wondering if he was the same guy that did the talk show and he e-mailed me back that he was the guy. I sent it threw the contact us on the Business of Success web site. I don't think anyone uses the site anymore but when he responded he did so from his personal e-mail account.
Man these pinks sure do work closely together. BHUB board is watching to see what Techlabs is doing, WNSH board is watchhing what Techlabs is doing.
All that stuff is not from WNSH it's all from the company that is in the PR, whoes CEO is Alfred "Fred" Grant. I was looking to see what Frank is looking at and why we wants to be involved with this company. Like, checking to see what kind of girl my brothers new girlfriend is. Is she good for him or is she trouble. That way I can get my bail money saved up before hand.
Actually I was looking over there old ventures with Sky E-com and some other things that I found interesting because before 2001 the company had alot going on. I was trying to get a idea of what the potential for this company is or if it was something that died a few years back and are trying to find a way to make some extra change. But it's hard to get a clear picture because they received control over shares from Sky which were working with another company who as a whole were suppose to do something with British Airlines. There's alot to look over and since I had to get some shut eye for work I just glaced to see which filing and articles I wanted to read in full and which ones to glance at. But before the lack of information which started in October of 2001 there share count was pretty nice looking but what they done with those shares in the last couple years I can't really tell because I can't find any ticker for them and that "MCOI" is none existant.
Why do we want a company that has decided to be a none reporting company as of this year.
From what I can tell they WERE trading at 1.50 in 2001 but now I can't say that they are trading anywhere at all cause they have no ticker anywhere.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number: 000-31925
MULTICOM ONE, INC.
(Formerly known as: RED CARPET DIRECT, INC.)
Exact name of registrant as specified in its charter)
9545 West Russell Road, #3
Las Vegas, Nevada 89135
(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)
Common Stock
(Title of each class of securities covered by this Form)
Preferred
(Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)
Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:
Rule 12g-4(a)(1)(i)
[ ]
Rule 12h-3(b)(1)(i)
[ ]
Rule 12g-4(a)(1)(ii)
[X]
Rule 12h-3(b)(1)(ii)
[ ]
Rule 12g-4(a)(2)(i)
[ ]
Rule 12h-3(b)(2)(i)
[ ]
Rule 12g-4(a)(2)(ii)
[ ]
Rule 12h-3(b)(2)(ii)
[ ]
Rule 15d-6
[ ]
Approximate number of holders of record as of the certification or notice date: 31
--------------------------------------------------------------------------------
Pursuant to the requirements of the Securities Exchange Act of 1934 (Name of registrant as specified in charter) has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.
Date: February 19, 2008
By: /s/ Alfred A. Grant
Name: Alfred A. Grant
9545 West Russell Road, #3
Las Vegas, Nevada 89135
CEO
Alfred Grant Jr. (52 years old) served as President of NC Funding Group,
Inc., Irvine, CA from March to November, 2000. He was Chairman, Chief Executive
Office and President of Grantland Development Inc. from September 1, 1999 to
January 15, 2001. He served as President of Fred Grant & Associates Construction
from May, 1988 to May, 1998. Mr. Grant was President of Platinum USA Home Loan,
Inc., a mortgage bank, from August, 1996 to December, 1998. He was Chief
Executive Officer of Grantland Properties Inc., which became Finance All
Services/FAS Mortgage Bankers, Inc. from 1991 to 1996 which ceased business due
to bankruptcy in September, 1997. Mr. Grant, was the founding director of
Financial Services Institute of Mortgage Lending, a California-based school for
mortgage loan consultants, from 1992 until 1994. He has been licensed as a real
estate broker in California since 1989, and as a general contractor in
California since 1988. He has been licensed nationally through the Department of
Housing and Urban Development as a Direct Endorsed Underwriter since 1995. He
earned his B. S. in Finance 1980 and a M.B.A. and a PhD in Finance, off campus,
from the University Palmers Green, London, England, an off campus educational
institution. Due to employee fraud, Mr. Grant, filed a bankruptcy petition in
June, 1997 and was discharged in September, 1997.
Yes I was kidding. I don't plan on selling anytime soon especially since it doesn't seem to be in my best interest as of now, since there is nothing significant going on to warrant a sell. I just do my DD and see what everyone else is digging up. Most of the shares I have are dead right now. I am either picking really bad ones or will be rich in a couple of years. Either way I don't buy enough to make me want to jump off a building if it stays at .0001 like some people. I think people forget to invest only what they are able to lose. Instead they invest everything and blame it on the company when they can't make there car payment.
Are you taking any ask, cause I'll sell you some for .005.
I tried emailing Alan today just for sh!ts and giggles. I received a responce from him a while back using the same address so maybe I will get lucky.
It looks like Jason was Angry when he typed this up. From the numerous times he put Jason in front of all the sentences, it was kind of funny to read like he was yelling at us in third person.
What happened to the company blog?
Sunday, July 08, 2007
THE "Form D" ~ RBID.COM, Inc.
Lex Luthor NOW has a copy of the public document that has the earmarkings of a private document. It's difficult to get, time consuming, is NOT free, the CEO will not discuss or acknowledge it The following document IS public information and was furnished to the SEC to inform all parties that the company, RBID, plans and has begun to sell common stock to raise capital. It has been my experience that documents like these are easily available either electronically through companies like Edgar, or a press release is issued with a description of the filing. In this case, Edgar had no record available for electronic viewing, and a very concise public sentence was issued in the beginning of June that mentioned a RegDex filing. This is how many of us, investors learned of it; if you really wanted to view it, you had to contact the SEC and pay for a copy resulting in about a 3 week wait. This is what I had to do: pay and wait for a public document from the company I invested in that has the money to provide Level II quotes on Pink Sheets, but cannot afford to post a public company document.
Another very odd and perplexing phenomena is the disappearance of the press release or the NOTIFICATION about the RegDex! Had I never seen it, I would have never written any of this because it would have all been buried as far as I knew. I have checked numerous sites and that PR has vanished. How? Why? The copy of the 504 in my hand has not vanished and I have taken precautions to make sure nothing strange happens to MY copies!!
The following posts on X-Xxb discuss the RegDex filing:
Many are opinions only.
Date:6/11/2007 12:55:17 PM
Post #of 3756
RegDex was filed on 2007-05-29. I'm sure there are enough shares to go around
------------------------------------------------------------------------------
Date:6/12/2007 2:50:33 AM
Post #of 3756
The filing Mentions REGdex form was filed, have you not seen it yet ?
REG D =
A Securities and Exchange Commission (SEC) regulation governing private placement exemptions. Reg D allows usually smaller companies to raise capital through the sale of equity or debt securities without having to register their securities with the SEC.
Reg D offerings are advantageous to any private company or entrepreneur because they allow an entity to obtain funding faster and to avoid the costs associated with a public offering.
Reg D = Dilution
They are not restricted, they are being sold for cash to operate the company.
It's not the end of the world, just understand what it is doing to the PPS.
-------------------------------------------------------------------------------
Date:6/12/2007 6:55:56 AM
Post #of 3756
REGDEX filing was not electronic....
Paper filing # 07066568
Send email to publicinfo@sec.gov and reference the document # along with your name, address, phone #
--------------------------------------------------------------------------------
Due to the length of this post, the 504 will placed in the next one. You can leave comments here.
Did someone decide to be nice and let this crap sit at 2 instead of 1 for sh!ts and giggles, cause I know no one can trade this thing. Too bad it is higher than some of the pinks around here that say they have stores up and running.
I haven't been following this stock in a long time but I was watching tv and saw a commercial for a new movie that made me take a look at you guys progreessive over the last couple of months. Don't see anything from you guys post that makes me want to buy again but the commercial was for a movie called Never Back Down which sounds and looks alot like the movie mentioned here a while back Never Submit. I was wondering if you changed the name and released it or did someone take the idea because it looks like it maybe a good movie. If you guys finally got off the ground with your ventures congrats, if not I think someone took your idea and ran with it.
This is not happy news but it says that they are in Dublin.
The same paper says that an American firm that buys and exploits technologies worldwide has set up an Irish subsidiary to take advantage of Ireland's low tax rate and skilled workforce. RBID.com has incorporated a Dublin company called RBID Technologies, which will house all the firm's technologies and intellectual property, allowing it to pay lower tax than in the US.
And I'm not sure if I'm the last to notice but the website was updated, from what I read on 12/06/2007, and it looks better than it did. and has a complete list of people to bother.
http://www.rbid.com/theteam.cfm
I didn't want to give you any false hope it's just I have so many other stocks doing crazy things right now that I have been totally ignoring this one for awhile. So I figured I'd take a little time to see what I could find. One of the last post that i read said you guys hadn't heard anything from Alan or his team since August and some of the things I seen where from September so I went ahead and posted them. I found out some other interesting things about the company that I found eyebrow raising but stuff most already knew. The connection with the institute and the food company I found most interesting only because technically Alan says that RBID is mainly a company that helps other companies make it big. So that PR from January about those two signing a deal sounds good because if RBID had anything t do with that we should get a cut. At first I wrote that it sounded like we stole the idea but I back tracked my thought process and started thinking maybe RBID help make that happen. I mean that is what they do right.
And for Simply Budget, maybe it sounded like a good idea at the time to try to promote the software here in the states but from what I can tell no one in the United States is buying. But things go wrong. I just hope they are continuing to try to make things happen. You can't really PR when there's nothing to say.
I e-mailed a couple of folks that are on the "employee" list to see if they wish to respond in regards to the stealth mode of the compnay but no hits yet. I'm sure everyone has stopped caring by now. But since I only do this for kicks(trading) it doesn't hurt my feeling much to see no progress. I don't have enough money to waste to buy as many shares as some of the big rollers on this website, but one day when I do, I can say I know what I'm doing. Because alot of these stocks are kicking my butt right now but it's cool, I'll live.
You never know you may check your account one day and faint because you've made so much money.
You never know.
You must be bored.
So Alan eith stole these peoples ideas to sell to use or he is working with these people to get his business going because Simply Budget came from a guest on his show and the Food company CEO that is working with the Institute was a guest on his show.
NEWPORT BEACH, Calif., May 5, 2006 (PRIMEZONE) -- Back from his annual break, success personality and popular host of the Business of Success radio show, Mr. Alan Rothman today announced a sizzling lineup of hot guests this Sunday that will give his 1.5-million listeners the opportunity to save, prosper, and succeed in business.
Commenting on the lineup Rothman said, "Whether listeners are feeling the pinch at the gas pump, wanting to understand the dynamics of the stock market, looking to exploit opportunities in the ever-expanding Organic food market, or just exploring the success principles of business, then we have put together a show that is certain to take them to the next level." The show will be broadcast from 12 noon to 2.00 p.m. EST, May 7th 2006 on over 65 stations nationwide and via live internet streaming on www.businessofsuccess.com.
-- Kicking off the show is Steven Schragis, former national director of the Learning Annex and author of "10 Clowns Don't Make a Circus." Schragis will share the success principles everyone needs to know to move from the mail room to the boardroom.
-- The explosive growth in the organic food industry has caught the attention of The Wall Street Journal whose recent article "Organic Food Goes Mass Market" estimates that the growth in organics is set to reach $15.5 billion this year. To understand and exploit the opportunities available, we speak with industry veteran, Richard Damion, Chairman/CEO of International Food Products Group (IFDG), whose company has completed a new line of organic 100% pure fruit juices for national distribution. Damion will explain why organics are experiencing explosive growth and where the financial opportunities lie for shrewd investors.
-- What does the stock market and the poker tables have in common? Find out as we speak to Aaron Brown, Executive Director at Morgan Stanley who will talk about the emotional dynamics of risk, and how you can figure out if your hand has a chance at winning.
-- Rising gas prices has everyone watching their wallets. We speak to budgeting guru, David Wright, creator of Simply Budgets the Australian No. 1 budgeting software. David will give one of his hot budgeting tips that will put more cash back in your pocket so listeners can deal with the increases at the gas pump.
This one is a little weird the organization we are suppose to be working with The Institute for Information Industry (III) is working on our projects with a FOOD COMPANY, I hope RBID is lurking somewhere in the background because these sound like our business plans.
NEWPORT BEACH, Calif., Jan. 24, 2008 (PRIME NEWSWIRE) -- IFPG (IFDG) CEO/Chairman Mr. Richard Damion today announced the formation of a wholly owned subsidiary, Newport Digital Technologies (NDT). The subsidiary was created to support a working relationship with the Institute for Information Industry (III) in assuming and developing eGovernment projects. Mr. Damion commented, "This alliance along with the expanding opportunities surrounding the Inka Grill Franchise is a measure of our commitment to enhancing shareholder value. Our entry into the technology arena is underpinned by the strong alliance we have with one of the world's leading information technology institutes."
NDT expects to sign a Memorandum of Understanding (MOU) with III, when formalized will result in the managing of III business interests in wireless digital technologies as well as software products in North, South and Central America, Japan, and South Pacific countries. To facilitate the global infrastructure NDT offices are being planned in Taiwan and in Suva, Fiji to support III's projects, including eGovernment Passport Programs, National ID, Residential Information Systems, and WiMaX deployment for an eLearning infrastructure.
NDT is currently establishing the management for the new subsidiary. NDT senior advisors will include Dr. Peter Chou and Ms. Hsiao Hui Wu. Dr. Chou has over twenty years as a managing director in wireless technology companies and Ms. Wu is a senior digital design engineer with fifteen years experience working as an IT engineer for IBM, Sharp, Intel and LSI. NDT will also utilize III's technical team in San Jose to provide business development support.
About Institute for Information Industry (III): III is one of the world's leading information technology institutes, established in 1979, jointly sponsored by the Taiwan government and prominent private enterprises, for the purpose of strengthening the development of the information industry in Taiwan. www.iii.org.tw/english
Since its inception, III has been a source of vision, innovation, technological excellence and a major contributor to Taiwan's development as a significant player in the global ITC area. III has helped promote full utilization of ICT technologies, hence advancing the establishment of the modern information society in Taiwan. Three years straight, Taiwan has been voted number 1 for eGovernment readiness of 188 Countries.
About International Food Products Group, Inc: IFPG is a public company trading on the OTCBB with the ticker symbol "IFDG." The Corporate Offices are at 895 Dove Street, 3rd Floor, Suite 365, Newport Beach, CA, 92660. www.goldenchoice.com. IFPG was the manufacturer and marketer of a variety of food products including; Golden Choice 100% Colombian Roasted Coffees, Golden Choice Organic Harvest(tm) and Supreme Harvest(tm) lines of Frozen Fruits and Vegetables, and 100% Fresh Squeezed Pure Fruit Juices. Other products include; "Got Fries(r)," Just Popped(tm), and other fine domestic and imported food products
Information about Dr. Simon Johnson can be found on page 3 of:
http://www.prolificswiss.com/docs/Prolific_presentation.pdf
Contact informationa nd information about his company can be found:
http://www.prolificswiss.com/contact.html
might be useful if we can get him to give us the scoop on RBID's progress.
RBID.com Appoints New Member to Board of Advisors (Press Release)
Sep 7, 2006 — Newport Beach, CA - Sept 07, 2006 -- RBID.Com, Inc ( RBID.PK - News) president, Mr. Alan Rothman, today announced the appointment of Mr. Simon Johnson to the newly formed Board of Advisors. Mr. Johnson's expertise is in financial risk management within financial services, government and industry in Asia Pacific and Europe. He has a PhD in Management from the University of Melbourne in Australia. Commenting on the appointment Mr. Rothman stated, "We are very pleased to welcome Simon Johnson as the first member of the RBID Board of Advisors. Mr. Johnson's brief is to advise on the development of its entrepreneurial and educational programs."
It is expected that the Board of Advisors will advise the company on issues within their specific area of expertise. Mr. Rothman added, "We plan to select members of the Board of Advisors that have achieved a high level of expertise within their industries, and who we believe will add significant intellectual and commercial value to the company based on their experiences and achievements." Mr. Johnson, who is based in Switzerland, is expected to fulfill the role with immediate effect, commented, "I expect great things from RBID as the timing is perfect for such a truly entrepreneurially focused business."
Biography - Simon Johnson PhD
Simon is a Senior Financial Services Consultant and a director of the Swiss niche finance company 'Business Performance Tools SARLS.' He as a PhD in Management (Management interdisciplinary qualitative / quantitative organizational research, policy and analysis), that focuses on youth entrepreneurship in Asia Pacific from the University of Melbourne in Australia. Mr. Johnson's current career focus is on project financing, fundraising, investment risk management, project management and compliance. He is also active in educational non-profit organizations such as a Toastmaster International European Board Member.
Enerdyne Begins US $3,750,000 WiMAX Broadband Wireless Deployment in Rural Northern India
8/29/07 - RBID.Com, Inc. (Pink Sheets: RBID) announced that RBID Technologies, the wireless technology partner with the Institute for Information Technology (III) in Taiwan, and Enerdyne Industries Ltd, a Mumbai based system integrator and IT technology distributor, will begin rolling out RBID's WiMAX forum certified products. The deployment of AstroMAX base stations will be in partnership with a leading Indian service provider and with a WiMAX platform operating in 3.3GHz. RBID's chief technology officer Mr. David Howe commented, "We are delighted to be working with Enerdyne on this particular project. Our partnership with III is proving an extremely productive one. Within quite a short period of time RBID Technologies has managed to initiate up to $8-million dollars worth of business in a niche technology category where we can seriously perform on par with the larger companies on all aspects of deployments."
"We conducted extensive technological research before selecting RBID's AstroMAX as the best WiMAX system for providing broadband services" said Mr. Ranjan Gupta, president of Enerdyne. "We are pleased with the experience and resources provided by III, with over 1500 engineers and 120 dedicated to WiMAX base station development and CPE components." We look forward to working with RBID and their partners as we aggressively expand our WiMAX offerings across India."
Keywords: broadband wireless, wimax network, wimax forum, partnership, president, niche technology, simply budgets, proprietary technologies, technology category, pink sheets, industries ltd, david howe, distribution rights, technology partner, certified products, "WiMAX"
RBID.Com Combines WiMAX and Alternative Energy to Build Broadband Wireless Networks in South Pacific
8/28/07 - RBID.Com, Inc. (Pink Sheets: RBID) announced that RBID Technologies, a wholly owned subsidiary, and the Institute for Information Industry Taiwan (III), have partnered to rollout a wireless broadband network in a number of developing countries in the South Pacific. RBID's chief technology officer, Mr. David Howe commented, "This is an exciting phase in RBID Technologies development. We have now identified a niche in the wireless broadband and alternative energy categories through the servicing of developing world countries that prove uneconomical for larger multi-nationals but are perfect sized projects for RBID Technologies."
Mr. Howe was responsible for introducing Lucent Technologies fixed wireless broadband portfolio throughout Europe, Middle East and Asia where revenues grew from $5 million in 1999 to over $133 million in 2001. He added, "Through our partnership with III, who are founding members of the WiMaX Forum, we expect to work closely with them to design and implement a complex system linking a substantial number of islands with both fixed and wireless broadband to facilitate the increased educational opportunities through high speed connectivity for their remote schools systems, creating an e-Learning platform over an intranet system developed by III. As part of our project we also expect to fit a significant number of solar panels that should provide energy to a main island base station while also providing additional cost effective energy to the local school system."
RBID's CEO/president Mr. Rothman commented, "This is a fantastic opportunity for RBID. We not only have a solid relationship with III who have led the way in technical innovation and patented technologies, but also, this particular project is perfectly suited to our CTO's technical and managerial talents. This marks a significant milestone in the escalation of RBID Technologies positioning in the fixed and wireless broadband installations in the developing world."
Keywords: wireless broadband network, wholly owned subsidiary, lucent technologies, wimax forum, david howe, provide energy, intranet system, technical innovation, ceo president, managerial talents, speed connectivity, pink sheets, sized projects, rothman, "WiMAX"
By Robert Hoskins
I know wthis is probably like kicking a dead horse but I am going to be post misc. thigs that I find on the internet about this company because honestly I haven't been putting much effort into my buys lately. So If you see stuff popping up that you have seen before don't blast me. You might see something you haven't seen yet. Hope everyone is enjoying there New Year.
I found this on another board , sounded like something real good for the future !!!!! New rules for all non-reporting companies. Goes into effect Feb. 15th 2008. They will no longer be able to sell unrestricted shares, this is being done to try to stop pinkies from diluting. All shares sold will now be restricted for one year, so no more dumping shares on the market. This should have a big effect in the pink sheets as this is how most scams make money. It is also meant to encourage them to become reporting companies.
http://www.sec.gov/cgi-bin/txt-srch-sec?section=Entire+Website&text=145&sort=rank
Final Rule: Revisions to Rules 144 and 145
Conforming Version (To Conform to Release Published in the Federal Register) SECURITIES AND EXCHANGE COMMISSION 17 CFR Parts 230 and 239 [Release No. 33-8869; File No. S7-11-07] RIN 3235-AH13
Size: 206413 Modified: 12/13/2007 /rules/final/2007/33-8869.pdf
I found this on another board , sounded like something real good for the future !!!!! New rules for all non-reporting companies. Goes into effect Feb. 15th 2008. They will no longer be able to sell unrestricted shares, this is being done to try to stop pinkies from diluting. All shares sold will now be restricted for one year, so no more dumping shares on the market. This should have a big effect in the pink sheets as this is how most scams make money. It is also meant to encourage them to become reporting companies.
http://www.sec.gov/cgi-bin/txt-srch-sec?section=Entire+Website&text=145&sort=rank
Final Rule: Revisions to Rules 144 and 145
Conforming Version (To Conform to Release Published in the Federal Register) SECURITIES AND EXCHANGE COMMISSION 17 CFR Parts 230 and 239 [Release No. 33-8869; File No. S7-11-07] RIN 3235-AH13
Size: 206413 Modified: 12/13/2007 /rules/final/2007/33-8869.pdf
I found this on another board , sounded like something real good for the future !!!!! New rules for all non-reporting companies. Goes into effect Feb. 15th 2008. They will no longer be able to sell unrestricted shares, this is being done to try to stop pinkies from diluting. All shares sold will now be restricted for one year, so no more dumping shares on the market. This should have a big effect in the pink sheets as this is how most scams make money. It is also meant to encourage them to become reporting companies.
http://www.sec.gov/cgi-bin/txt-srch-sec?section=Entire+Website&text=145&sort=rank
Final Rule: Revisions to Rules 144 and 145
Conforming Version (To Conform to Release Published in the Federal Register) SECURITIES AND EXCHANGE COMMISSION 17 CFR Parts 230 and 239 [Release No. 33-8869; File No. S7-11-07] RIN 3235-AH13
Size: 206413 Modified: 12/13/2007 /rules/final/2007/33-8869.pdf
I found this on another board , sounded like something real good for the future !!!!! New rules for all non-reporting companies. Goes into effect Feb. 15th 2008. They will no longer be able to sell unrestricted shares, this is being done to try to stop pinkies from diluting. All shares sold will now be restricted for one year, so no more dumping shares on the market. This should have a big effect in the pink sheets as this is how most scams make money. It is also meant to encourage them to become reporting companies.
http://www.sec.gov/cgi-bin/txt-srch-sec?section=Entire+Website&text=145&sort=rank
Final Rule: Revisions to Rules 144 and 145
Conforming Version (To Conform to Release Published in the Federal Register) SECURITIES AND EXCHANGE COMMISSION 17 CFR Parts 230 and 239 [Release No. 33-8869; File No. S7-11-07] RIN 3235-AH13
Size: 206413 Modified: 12/13/2007 /rules/final/2007/33-8869.pdf