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Would you like me to post the latest DLAV 10Q filing AGAIN?! Why cant you believe the DLAV filed SEC SarbanesOxley 10Q? Do you feel the 10Q is WRONG? If YES > Please say so! Would save a TON of time!
Here is link for you
See Page 25
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
http://www.sec.gov/Archives/edgar/data/1133598/000114420407062754/v094299_10qsb.htm
lol - GREAT POST! > AND PLEASE BE CLEAR > I am not hear to convince anyone to buy sell hold this stock , unlike a LOT of posters here clearly are. I just enjoy reading filings and posting FACTS.... U guys buy em, sell em, hold em on your own DD.....
huh? I never posted anything about anyone CEO or other making 360k or 100k >? Must be thinking of someone else >? I replied what does it matter what the CEO is making as long as it is clearly and cleanly filed to SEC satisfaction....?
OK - Yes I read all that > It does not say These UNREGISTERED shares we SOLD by StrongHold , they were sold by an operating company in September & October of 2007 DLAV - LONG AFTER the Stronghold Bankrupcy filing? and they converted into "DLAV" stock , and are found in the "DLAV' most recent filing, and per your post the "stronghold" assets / liabilities "do not represent a material amount".
This is for SURE this is a "material amount" > Would not you agree?
and, therefore, the conversion price for the secured convertible notes was $.00017. Based on this conversion price, the Notes in the amount of $150,000 issued on September 21, 2007 were convertible into approximately 882,353,000 shares of our common stock.
and, therefore, the conversion price for the secured convertible notes was $.00013. Based on this conversion price, the Notes in the amount of $150,000 issued on October 11, 2007 were convertible into approximately 1,153,846,000 shares of our common stock.
I dont see why you are all so hard pressed to bash me for this , it is crystal clear? I clearly have hit a nerve. Looks like I found my pop up posters.....?????
huh?
What does it matter what the CEO was getting paid, how does that relate to answering SEC questions? No correlation? SEC does not care how much he was paying himself , they just want to know the books are clear and clean and share structure is as they file it is. Now If he IS/WAS paying himself monies from under table or taking cash from the till unreported, sure it can be an issue but CEO salary does not bother SEC as long as it is clear and cleanly filed
You post >
DEALER ADVANCE cannot answer the SEC because they do not need it and had no intentions of ever using it
WHAT IS "IT" ????
You also post ?
Don't come in here every afternoon posting the same stuff based on your personal understanding of the filing without ever talking to the company and their intentions.
It is a 10Q filing , what does the companies "intentions" have to do with reading a sarbanes SEC filed 10q? That is why companies file so we ALL know clearly and concisely what the "INTENTIONS" are correct? How do intentions relate to a 10Q? If it is material in nature it would be in the filing? Yes?
I do not understand were you are coming from?
So the November 2007 SEC filed 10Q is NOT DLAV 10Q? I thought they were current on filings - please direct me to DLAV filing if I am reading another companies filing????
just asking simple question?
How can u say it is a lie? Yes they FAILED to REGISTER the shares > However the "WERE" Converted and SOLD UNREGISTERED , IT is clear black and white in the filing? You cant hide from the filing.
Commission file number: 333-54822
DealerAdvance, Inc.
(f/k/a Stronghold Technologies, Inc.)
16801 Addison Road, Suite 310, Addison, TX 75001
(Address of principal executive offices)
(214) 866-0606
FORM 10-QSB
for the quarterly period ended September 30, 2007
http://www.sec.gov/Archives/edgar/data/1133598/000114420407062754/v094299_10qsb.htm
REGISTERED SHARES
November 1, 2007, 100,415,389 shares
TABLE OF CONTENTS
Item 2 Unregistered Sales of Equity Securities and Use of Proceeds Page 25
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
DID YOU READ THE ITEM 2 HEADING? NOW READ THE CONVERSIONS THAT "WERE" COMPLETED AND FILED RIGHT HERE FOR EVERYONE TO READ - "UNREGISTERED SALES OF EQUITY SECURITIES"
and, therefore, the conversion price for the secured convertible notes was $.00017. Based on this conversion price, the Notes in the amount of $150,000 issued on September 21, 2007 were convertible into approximately 882,353,000 shares of our common stock.
and, therefore, the conversion price for the secured convertible notes was $.00013. Based on this conversion price, the Notes in the amount of $150,000 issued on October 11, 2007 were convertible into approximately 1,153,846,000 shares of our common stock.
I BET if we go back to the last few 10Q/K filings you will find a similiar heading outlining more conversions. I only went to the most recent filing. If you disagree I can go thru ALL of the filings for the last year and dig these out if you care to discuss this further? Please let me know...... But PLEASE refrain from calling me a liar. It is all listed very clearly labeled and itemized.
SO $288,000 IN SALES OVER 12-36 MONTHS > Correct?
REGISTERED shares yes you are correct > The company FAILED to answer SEC questions and had no choice but to withdraw rhe registration statement. The shares are SOLD UNREGISTERED / Have been SOLD UNREGISTERED for a LONG time now. Please BE CLEAR on this....
I99 > DO I HAVE TO POST THE FACTS FROM NOVEMBER 07 10Q AGAIN?
wise1man > please dont post like that - u know it is not a correct post.
They FAILED to REGISTER BILLIONS OF SHARES
They have already SOLD THE SHARES UNREGISTERED > AND For sure SPENT the money - these were from traunches long ago > That does NOT change > Now you have offshore hedge fund with BILLIONS of unregistered shares , and most likely NOT HAPPY , if you think that is even the smallest bit positive you need to review your investment here IMO.
THIS IS NOT POSITIVE > HOW ARE THEY GOING TO FINANCE IF THEY CAN NOT ANSWER SEC AND REGISTER SHARES WITH SEC >?
The Company requested the withdrawal because it is unable to timely respond to the SEC's comments at this time.
right on the money weirdo > some here are being taken advantge of or not very seasoned on the OTCBB trade arena , when you have stock with BILLIONS in unregistered shares , the registration FAILS to go thru due to failure in answering SEC questions, then stock shows up on regSHO list , WATCH OUT > OFFSHORE is in total control , those unregistered shares are controlling this stock , not bid / ask buy sells , PR or fundamentals for sure.....
Lets see who attacks this post - Mr Offshore should pretty quickly rear his head..... IMPO
LOL "predicts" LOL .eom
PROVE IT JOE! WERE IS THE AUDIT, SEC OR OTHER! WHY DID YOU STOP THE AUDIT YOU HAVE PROMISED OVER AND OVER AND OVER - WHAT IS THE DELAY - IT HAS BEEN WELL OVER 2 YEARS NO AUDIT?! WHY NO AUDIT! PR AND OR POSTS ON IHUB ARE WORTHLESS DRIVVLE - WERE IS THE SEC OR EVEN CPA AUDIT YOU PR PROMISED SO MANY TIMES! ENOUGH BS - PUT UP OR SHUT UP IS WHAT I SAY!
today > Low 0.0056 Last 0.006 Change% -(26.83%)
Last 5 Days From over $.016 to today $.006
WOW - That is a SERIOUS HUGE retraction.....
hmmmm>? shoulda took that bet!
Message In Reply To:
I'm willing to bet that LSGH closes over .01 tomorrow. You gonna take the bet or forget that you saw this PM?
HERE YOU GO >
Commission file number: 333-54822
DealerAdvance, Inc.
(f/k/a Stronghold Technologies, Inc.)
16801 Addison Road, Suite 310, Addison, TX 75001
(Address of principal executive offices)
FORM 10-QSB
for the quarterly period ended September 30, 2007.
FILED ON 11/16/20007
http://www.sec.gov/Archives/edgar/data/1133598/000114420407062754/v094299_10qsb.htm
I am NOT telling anyone to SELL DLAV nor am I telling anyone to BUY DLAV > I have NEVER POSTED for ANYONE to buy/sell DLAV = Please lets be CLEAR on that.
I cant read? Please go read the filing it is crystal clear>?
Commission file number: 333-54822
DealerAdvance, Inc.
(f/k/a Stronghold Technologies, Inc.)
16801 Addison Road, Suite 310, Addison, TX 75001
(Address of principal executive offices)
FORM 10-QSB
for the quarterly period ended September 30, 2007.
FILED ON 11/16/20007
http://www.sec.gov/Archives/edgar/data/1133598/000114420407062754/v094299_10qsb.htm
REGISTERED SHARES >
as of November 1, 2007, 100,415,389 shares
Item 2 Unregistered Sales of Equity Securities and Use of Proceeds PAGE 25
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
To obtain funding for its ongoing operations, we entered into a Securities Purchase Agreement (the “Agreement”) with the investors on December 15, 2006 for the sale of (i) $900,000 in callable secured convertible notes (the “Notes”) and (ii) stock purchase warrants (the “Warrants”) to buy 5,000,000 shares of our common stock.
-25-
--------------------------------------------------------------------------------
The following closings have occurred under the Agreement:
o On December 15, 2006, the Investors purchased $250,000 in December 2006 Notes and received December 2006 Warrants to purchase 1,388,500 shares of the Company’s common stock
o On January 16, 2007 the Investors purchased $150,000 in December 2006 Notes and received December 2006 Warrants to purchase 850,000 shares of the Company’s common stock
o On February 12, 2007 the Investors purchased $150,000 in December 2006 Notes and received December 2006 Warrants to purchase 850,000 shares of the Company’s common stock
o On March 15, 2007 the Investors purchased $150,000 in December 2006 Notes and received December 2006 Warrants to purchase 850,000 shares of the Company’s common stock
o On April 13, 2007 the Investors purchased $150,000 in December 2006 Notes and received December 2006 Warrants to purchase 850,000 shares of the Company’s common stock
o On May 11, 2007 the Investors purchased $50,000 in December 2006 Notes and received December 2006 Warrants to purchase 283,333 shares of the Company’s common stock
To obtain funding for its ongoing operations, we entered into a Securities Purchase Agreement (the “Agreement”) with the investors on May 25, 2006 for the sale of (i) $900,000 in callable secured convertible notes (the “Notes”) and (ii) stock purchase warrants (the “Warrants”) to buy 5,000,000 shares of our common stock.
The following closings have occurred under the Agreement:
o On May 30. 2007 the Investors purchased $150,000 in May 2007 Notes and received May 2007 Warrants to purchase 850,000 shares of the Company’s common stock
o On June 20. 2007 the Investors purchased $150,000 in May 2007 Notes and received May 2007 Warrants to purchase 850,000 shares of the Company’s common stock
o On July 25. 2007 the Investors purchased $150,000 in May 2007 Notes and received May 2007 Warrants to purchase 850,000 shares of the Company’s common stock
o On August 31. 2007 the Investors purchased $150,000 in May 2007 Notes and received May 2007 Warrants to purchase 850,000 shares of the Company’s common stock
o On September 21. 2007 the Investors purchased $150,000 in May 2007 Notes and received May 2007 Warrants to purchase 850,000 shares of the Company’s common stock
o On October 11. 2007 the Investors purchased $150,000 in May 2007 Notes and received May 2007 Warrants to purchase 850,000 shares of the Company’s common stock
In addition, provided that all of the conditions in the Securities Purchase Agreement are satisfied, on the final business day of each month until the full amount under the Agreement has been purchased, the Company will issue to the Investors and the Investors will purchase $125,000 in Notes and related Warrants. The Company or a majority in interest of the Investors may terminate the obligation to issue additional Notes and Warrants upon 30 days notice.
-26-
--------------------------------------------------------------------------------
The Notes bear interest at 8%, mature two years from the date of issuance, and are convertible into our common stock, at the Investors' option, at a conversion price, equal to the lower of (i) $0.05 or (ii) 25% of the average of the three lowest intraday trading prices for our common stock during the 20 trading days before, but not including, the conversion date. As of September 21, 2007, the average of the three lowest intraday trading prices for our common stock during the preceding 20 trading days as reported on the Over-The-Counter Bulletin Board was $.001 and, therefore, the conversion price for the secured convertible notes was $.00017. Based on this conversion price, the Notes in the amount of $150,000 issued on September 21, 2007 were convertible into approximately 882,353,000 shares of our common stock.
Also, as of October 11, 2007, the average of the three lowest intraday trading prices for our common stock during the preceding 20 trading days as reported on the Over-The-Counter Bulletin Board was $.001 and, therefore, the conversion price for the secured convertible notes was $.00013. Based on this conversion price, the Notes in the amount of $150,000 issued on October 11, 2007 were convertible into approximately 1,153,846,000 shares of our common stock.
We may prepay the Notes in the event that no event of default exists, there are a sufficient number of shares available for conversion of the callable secured convertible. The full principal amount of the Notes is due upon default under the terms of Notes. In addition, we have granted the Investors a security interest in substantially all of our assets and intellectual property as well as registration rights.
The Warrants are exercisable until five years from the date of issuance at a purchase price of $0.05 per share. In addition, the exercise price of the Warrants is adjusted in the event we issue common stock at a price below market.
you mean to say no dillution in the registered stock - Facts show DLAV has a few BILLION unregistered shares leaking from offshore into the market. One thing I have learned > when you see BILLIONS of shares unregistered and the stock is on RegSHO short list - Watch out some entity offshore is trying to make a kiling , shorted the top , will run it all way back down before doing to again and again.
You keep saying TOTAL O/S is like 70million - we have trades going off that would REQUIRE SCHD13 to be filed (3.5milion is 5%) > NO WAY flippers traded 10x the total OS in 3 weeks. Sorry but it just cant happen. Flippers galore over and over still not going to happen.
Adams 127 #11 #12 "average" LESS THEN 180 mcf per day > Per the RRC production reports as a whole for last 153 days > 4 FULL Months May, June, July, August, September 2007 > here is the "average" per day per well over this time line > October is NOT yet reported - will update when the RRC reports are online.
ADAMS 127 WELL #12 > 153 Days = 23952 mcf or 156.55 mcf per day
ADAMS 127 WELL #11 > 153 DAYS = 26593 mcf or 176.17 mcf per day
#11
5226
4401
4473
5584
6909 (230.30)
#12
4276
3904
3968
5103
6701 (223.37)
September had this highest totals thus far for both wells, noted above. Will update as more reports come online into the main reporting system. Will add new wells same.....
http://webapps.rrc.state.tx.us/PR/publicQueriesMainAction.do
no i made mistake and bought into GFCI did not lose money , was lucky and sold into the runup but still hold shares and personally dont like the Pinksheet BS going on > they, GFCI, took over the gas wells and driller from LSGH/USEH then CEO of GFCI moved the asset into his private held company UERI , UERI is now a subsid of FTXN and magically the ceo of GFCI is now CEO of FTXN > IMO LSGH is a SCAM > Not talking anything other then straight company basics - good luck dont get caught holding or last one out - u sure may be able to make money not saying you cant but the FACTS are LSGH is a scamlike operation with no revenues and only broken promises and PR lies in its past - again best of luck to you , I could care less if you flip and make money - best of luck - I am just pointing out the FACTS as I see them LSGH is a scam......
LSGH tanked when the CEO was not honest about the loss of the ozona gas wells > How can you trust a CEO that puts out all those PRs about the gas wells, the driller and then the wells and driller show up owned by another company and CEO never even bothered ot update anyone to the loss..... IMPO LSGH/USEH is bunk bad businees scam like company .....
The latest 10Q is not a DLAV filing? So DLAV is not current in filings? I posted directly from the most recent 10q for "DLAV" > Please explain ?
What wrong information? Are you saying the SEC filing is wrong? Please explain?
Please explain? I took direct cut n paste from SEC filings? Never said anything was illegal? You are one saying it is illegal - I never said anything of the sort ? Please outline waht is illegal in the SEC filings > ?
What erroneous information? I posted direct cut n paste from the filings? Are making the accusation that DLAV SEC filings are eroneous? Please explain what is erroneous and unethical in DLAV SEC filings????
What wrongdoing do you refer to? Why do you think selling BILLIONS of unregistered shares is illegal? Companies like DLAV do it all the time to offshore hedge funds? It is NOT illegal?
? nothing illegal about selling unregistered shares by the BILLIONS >? It is all in the filing - The failure to register is not "illegal" it is a huge problem with the financing hedge fund but not illegal >? Why would you ask? Do you think it is illegal?
JOE > WHY NO AUDITS SEC OR OTHER! WHY DID U STOP AND DELAY AUDITS!????
then why are you here on the boards>? just go to the company - why are you even here!
I did and it clearly says they sold 2 billion unregistered shares in 2 months to pay off (2) CD traunchs > just because they FAILED to register the shares DOES NOT mean they did NOT sell them!
I am just replyin to the barage of posts? why would I call the CEO? This is a message board - that is why we are all here - to exchange our ideas and opinions - post our thoughts and info we find on these stocks???? yes???
PLEASE POST PROOF THEY ELIMATED THE CD DEBT>
YOU POST >
15. Eliminated 4.1 Billion in CD's per FILING Dec. 4th 2007....AMAZING NEWS!!
Please post proof they eliminated the CD debts > ?
THEY FAILED TO REGISTER THE STOCK - DOES NOT MEAN THEY DID NOT SELL A FEW BILLION UNREGISTERED SHARES AT .0001 AND LESS!
READ THE LATEST 10Q - IT IS ALL THERE IN PLAIN ENGLISH
SALE OF UNREGISTERED SECURITIES
IF THEY DONT GET THEM REGISTERED - THEY ARE IN BIG TROUBLE.....
B-I-N-G-O >
WERE DO YOU GET 15MILLION? The Warrants @ .05 open for 5 years? those are worthless window dresing - THE UNREGISTERED SALE OF SECURITIES - That is the full monty my friend, forget those worthless 15 milion warrtants at .05 - all window dressing - the big sales were the unregistered shares...
Almost 2 BILLION @ .00017 & .00013
How many shares do you "think" are free trading as of whenever the CEO told you??? Someone please report what they "think" the O/S is and maybe guess on the float.
Here are some FACTS >
From 11/5 thru 12/5 2007 DLAV has traded OVER 630,000,000 shares
How many again do you think is O/S ?
PLEASE GO READ THE FILINGS - FORGET THE PR - READ THE LATEST MOST RECENT FILINGS.
12/05/07 > 22,987,116
2007/12/04 > 31,912,612
2007/12/03 > 18,871,967
2007/11/30 > 11,044,252
2007/11/29 > 31,351,772
2007/11/28 > 28,022,562
2007/11/27 > 16,352,252
2007/11/26 > 34,550,511
2007/11/23 > 42,296,661
2007/11/22 > 0
2007/11/21 > 56,674,713
2007/11/20 > 68,117,139
2007/11/19 > 130,933,969
2007/11/16 > 10,692,126
2007/11/15 > 44,733,924
2007/11/14 > 97,377,697
2007/11/13 > 199,585,859
2007/11/12 > 2,550,000
2007/11/09 > 22,745,248
2007/11/08 > 3,244,355
2007/11/07 > 3,246,710
2007/11/06 > 6,129,300
2007/11/05 > 730,000
OK - I dont have time right now - will gladly oblidge you ALL tonight when I get home and get kids fed and to sleep.
Go back they filed SB/2 - withdrew SB/S - SEC HAD HUGE LIST OF QUESTIONS - IT IS ON THE SEC WEBSITE FOR YOU TO READ
They REFILED AN amended SB/2 in attempt to register the 4.7 billion shares - now this week we see it was withdrew AGAIN becuase they CAN NOT answer the SEC questions.
Now the holders of these Unregistered shares - who NO DOUBT have hedged , shorted, underwrote them all offshore - were unregistered shares live very comfortabley....
Go back read the filings - THE MOST RECENT ONES - Then go back and look at the SB/s you will se the SEC commnets and questions. They should also upload some more here shortly.
START HERE WITH MOST RECENT FILINGS >
http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=dlav&filenum=&State=&SIC=&owner=include&action=getcompany