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IMO, take a look at MRXT, those at Toyshares, Inc. cannot talk about the Reverse Merger, but someone else will at their open house soon.
IMO, this is a strong hold and those that sold will be kicking themselves soon. The reverse merger cannot be talked about, but it will be at the openhouse. LOL
That's funny. This should get interesting.
sugar, call for reservations. That's the one.
They are taking reservations now.
She said that she is not sure, but someone will contact me.
The girl couldn't talk about it.
That's what I had heard when I called.
Toyshares will be taling about it at their openhouse, IMO.
MRXT/Reverse Merger may be in the works with Toyshare, Inc.
If that is the case, it could very well be a positive; their plans may need more time to finalize, etc. The Motion for the settlement of the lawsuits is still scheduled for the 20th as well; if that could get finalized, Orbit Brands would orbit. I believe there is a new web site under construction as well.
All in my opinion.
It appears that there will be a continuance in the court, IMO.
Do you have the link for buyins.net. TIA
If they have to continue it, I would agree to that, unless they can have the Motion on the lawsuits finalized. The Motion is still scheduled for the 20th too, so we'll just have to wait and see.
ISBL is down so low already and has been holding very strong at .001 area so I doubt they will get it any lower; the naked shorts will have to cover sooner or later; it sure would be nice if they get caught with their pants down as Norman has big plans ahead for this co., but slow and steady here will work well too, IMO.
That's a tough question, but in case you are looking to buy or average down, I would suspect anything under .0005 is a good buy, IMO.
I don't know of any stock that is 100% garanteed, and all the pink sheet stocks are risky for sure. The pinks can make big movements both up and down as everyone knows so never invest more than you can afford to lose in any of them, and this one is no different, and you can lose 100% of your investment in many of the pinks. I beleive you bought at the very bottom so you are still OK; I'm still holding and have not sold any. I will wait it out, but everyone has there own risk tolerance. You and anyone else here need to do their own DD and don't rely on message boards. If for any reason, Orbit should have another continuance, then it will be another waiting period; any number of other variables could happen as well, but if it all works out and the Motion on the lawsuits are finalized June 20, there will be a buying frenzy. In my opinion, this is another buying opportunity, but again everything that I post is IMO so please everyone do your own DD.
Keep an eye on ISBL; buying interest today.
The Grandfather Clause was just passed yesterday; the last time that I spoke with Norman he was not happy with ISBL's naked short sellers; if he times everything just right, lookout!!!!
I believe they have about 60 days to cover, but it appears it may be difficult.
ISBL undervalued/getting some notice now.
Oh yes, this is fantastic news; currently ISBL is on the Regulation Sho Listing and now with the new rulings and ISBL is so undervalued, is will be great for ISBL.
Grandfather clause eliminated.. (from another board)
Today at a SEC hearing..
Grandfather clause was voted unanimously to be eliminated. Tick test is voted unanimously to be eliminated. T+13 to set action on existing fails, 35 days is outside date to close out fails. 6 months to eliminate all existing fails. Phase out period
Grandfather Clause Eliminated Today
June 13, 2007 11:23 ET (off another board)
By Judith Burns
Of DOW JONES NEWSWIRES
WASHINGTON (Dow Jones)--The Securities and Exchange Commission voted Wednesday to
approve a change to tighten rules intended to curb manipulative short sales,
including so-called "naked" short sales.
The change eliminates a controversial exception that shielded existing short
positions from requirements to deliver hard-to-borrow shares within 13 days of
settlement. Once the change takes effect, short positions previously protected by
the grandfather clause must be closed out within 35 days.
SEC Chairman Christopher Cox said persistent failures to deliver shares sold
short seem to be due to the grandfather protections, which the SEC included in
2004 to prevent stock-market volatility. Critics complained the protections
undermined efforts to clean up abuses involving "naked" short sales.
Short selling involves sales of borrowed securities, producing profits when
prices decline. The practice is legal, but the SEC's Regulation SHO sought to
prevent "naked" short sales, in which short sellers don't borrow securities they
sell.
SEC officials said delivery failures have declined about 35% overall since
Regulation SHO took effect and have fallen about 53% for hard-to-borrow stocks
defined as "threshold" securities.
-By Judith Burns, Dow Jones Newswires, 202-862-6692; Judith.Burns@dowjones.com
(END) Dow Jones Newswires
ISBL at .001 x .0011
Thanks for the new board.
Grandfather clause eliminated.. (From another board)
Today at a SEC hearing..
Grandfather clause was voted unanimously to be eliminated. Tick test is voted unanimously to be eliminated. T+13 to set action on existing fails, 35 days is outside date to close out fails. 6 months to eliminate all existing fails. Phase out period
Grandfather Clause Eliminated Today
June 13, 2007 11:23 ET (off another board)
By Judith Burns
Of DOW JONES NEWSWIRES
WASHINGTON (Dow Jones)--The Securities and Exchange Commission voted Wednesday to
approve a change to tighten rules intended to curb manipulative short sales,
including so-called "naked" short sales.
The change eliminates a controversial exception that shielded existing short
positions from requirements to deliver hard-to-borrow shares within 13 days of
settlement. Once the change takes effect, short positions previously protected by
the grandfather clause must be closed out within 35 days.
SEC Chairman Christopher Cox said persistent failures to deliver shares sold
short seem to be due to the grandfather protections, which the SEC included in
2004 to prevent stock-market volatility. Critics complained the protections
undermined efforts to clean up abuses involving "naked" short sales.
Short selling involves sales of borrowed securities, producing profits when
prices decline. The practice is legal, but the SEC's Regulation SHO sought to
prevent "naked" short sales, in which short sellers don't borrow securities they
sell.
SEC officials said delivery failures have declined about 35% overall since
Regulation SHO took effect and have fallen about 53% for hard-to-borrow stocks
defined as "threshold" securities.
-By Judith Burns, Dow Jones Newswires, 202-862-6692; Judith.Burns@dowjones.com
(END) Dow Jones Newswires
DBTB News just out/Closed on two radio acquisitions
http://custom.marketwatch.com/custom/tdameritrade-com/html-story.asp?guid={3B30FB96-8979-4E1D-8D15-E...
Malibu
http://www.malibubev.com/corpbiomainpage.html
Information on some of Orbit Brands Staff waiting patiently.
Looks like you are right; the .0005's are gone.
The financials took longer than expected, but not through any fault of there own, and now they are very close to submitting the 05 and 06's, but we still don't know if they will be filed in time for court. Last time, the 04's came out the day before they went to court. I'm not sure what the timeframe is on moving to a higher exchange, but I would suppose it would be after the response period.
Your welcome; all my DD on Orbit Brands is to the best of my knowledge so please everyone do your DD too.
The shares will not get cancelled and will remain intack and shareholders remain unimpaired.
Keep an eye on OBBCQ/One MM left at .0005
OBBCQ should be coming out with numerous PR's; one of the most important ones, IMO, will be the world wide settlement of the lawsuits which has been settled in court and the Motion for this for this is scheduled for June 20 with PR following. This is what Orbit needed from the beginning and anxiously waiting to finish, and I'm hearing that they are anxiously waiting for this to be completed so they can move forward in building their co with their plans on increasing revenue. The old staff who have great credentials from 1997 are still there and waiting patiently too. There are rumors of plenty in the pipeline, and they do have plans of moving to a higher excahnge. After the BK at court, I believe there still is a respond time of something like 36 and 96 days for the BK to be completed.
The 2005 and 2006 audited financials are completed, and are now being checked over by Orbit Brands for accuracy.
That's a good sign and could be the MM's clue to cover before next week.
Reverse Merger yesterday; DBTB hit high of 2.45 today and pulled back to 1.40.
The ticker before the reverse split in January of 07 was CNTE; then changed to CNEW.
DMN Publications
You can read this article on any one of the following DMN Publications
* DMN Forums * Audio Video Producer * Digital Post Production * Digital Producer * DMN Newswire * DVD Creation * Facilities (BN) * Film Imaging * Hollywood Industry * Oceania *
http://forums.digitalmedianet.com/cgi-bin/readwholethread.cgi?forum=dmn_news&post=070430153621.h...
Post 1 of 1 Top
FROM: DMN EditorialDATE: May 30, 2007 3:36 pm gmt
SUBJECT: 2007 Cannes Premiere Response Favorable for the New Film 'Blonder and Blonder'
LOS ANGELES, May 30 /PRNewswire-FirstCall/ -- Malibu Entertainment Group, Inc., a wholly owned subsidiary of Orbit Brands Corporation (OTC: OBBCQ), is pleased to announce today that the Cannes Film Festival Premiere for the new film comedy Blonde and Blonder, starring Pamela Anderson and Denise Richards, was well receiv.....
http://digitalproducer.digitalmedianet.com/articles/viewarticle.jsp?id=145625
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DBTB
CNEW had done a reverse split a few months ago; now DBTB