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NAWL 001 /0011...finally move up off its 0009/ 001...may be the start of something - always looked ready on the charts, but hadn't been behaving - should be good for 50% at least
VCTY - maybe next getting through a penny
CNCM...13's proving to be tough...needs a big push to get through that
PFEH...subber chart bottom again, good pickup at these levels for next time around....
not since spea!
Point being? CPNLQ has the same warning and is now up 1200% off its low. The only thing significant you need to be aware of with bankruptcy is IF/WHEN they come out of ch 11 and if the prior shares will be worth anything (usually not). Besides that, bankruptcy plays are shear speculation and can easily produce huge gains....hmm, pretty much like any pink sheet....
PFEH - easy move to 2, just needs a little volume boost
ADBN quietly moved back to 3/4....keep an eye out for any volume
Gotta fight it out with Waterhouse - after my 3rd complaint on phone, i sent them a long winded email which got results as below!
<<<Regarding the e-mail you sent on June 6, 2007. I have received notification that you will be receiving 100 shares of Marketing Acquisition once TD Waterhouse receives the shares from the transfer agent. I hope that this is satisfactory, however, if you have any further questions or concerns, please contact a TD Waterhouse Investment Representative at 1-800-465-5463.
Thank you.>>>
If you want to use my complaint as an outline to send to them (the ending wouldn't necessarily apply directly), go nuts: as follows..
I would like to follow up on my complaints about the removal of my common shares in account xxxxx of what was mkaq, and now is maqc. From the filing DEF14C here: http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001165527%2D07%2D000218%2Etxt&FilePath...
It clearly outlines the circumstances of the reverse split:
Dear Stockholder:
This Information Statement (the "Information Statement") is furnished by the Board of Directors of Marketing Acquisition Corporation, a Nevada corporation (the "Company", or "us"), to the stockholders of record of the Company at the close of business on April 23, 2007 (the "Record Date") to provide information with respect to certain corporate actions taken by written consent of Halter Financial Investments, L.P., the holder of a majority of the outstanding shares of the Company's common stock on the Record Date (the "Majority Stockholder").
The written consent, executed by the Majority Stockholder on the Record Date, approved an amendment to our Articles of Incorporation to effect a 1-for-48 reverse split in our issued and outstanding shares common stock so that stockholders of record on the effective date for such split on or about May 17, 2007 shall receive one (1) share of our common stock for each forty-eight (48) shares now held by them. The reverse stock split shall have the effect of reducing the number of our issued and outstanding shares from 84,033,600 to approximately 1,750,700. No stockholder shall receive less than one round lot, or 100 shares of our common stock, as a result of such reverse stock split and any fractional shares issuable to any stockholder as a result of such reverse stock split shall be rounded up to the nearest whole share. The reverse stock split will be effected by filing an amendment to our articles of incorporation in substantially the same form as that attached hereto as Exhibit A.
Also, very black and white the statement here:
The reverse stock split will be effected simultaneously for all of our common stock and the exchange ratio will be the same for all of our common stock. No stockholder shall receive fewer than one round lot, or 100 shares as a result of the reverse stock split and any fractional shares shall be rounded to the nearest whole share.
All of this was confirmed in the OTC dailylist here:
http://www.otcbb.com/asp/dailylist_detail.asp?mkt_ctg=OTCBB&d=05/17/2007
13:50 5/18/2007 MKAQ Marketing Acquisition Corporation Common Stock MAQC Marketing Acquisition Corporation New Common Stock 1-48 R/S; No stockholder will receive less than 100 shares **
After several calls to TD, I had been informed they had been given instruction to do cash payout for anyone with less than 48 shares, yet in all the filings, there is no location whatsoever that those instructions are directly given. Furthermore, I contacted the transfer agent and the only instructions he said that existed, were that from the DEF14C linked above. I also discussed this issue with the companies attorney, he says that I, in fact, am entitled to the 100 share settlement even with only having 1 share pre-split. His name is George Diamond and can be contacted at 972-985-4015 and I'm sure he would be willing to clarify this matter.
I would like to see written proof from the company about a cash payment for those with 'less than' 48 shares pre-split. If you can not find me a written statement and refuse to adjust my account as outlined in the filing, I will consider moving accounts to another brokerage. I have already heard of other people that have received confirmation they will receive the 100 share lots from their 1 share, so how can this be different from 1 case to the next? Attorneys words are 'any shareholder with 1 to 99 shares post split, will receive 100 shares' - since the def14c clearly says, fractional shares shall be rounded to the nearest whole share, that means I would have 0.0208 shares post split, rounded to 1. Thus 100 share entitlement. This is no different from what I did with UNTF shares, and those were correctly given to me from my initial purchase of 1 share.
Please review and I hope you can return the shares removed from my accounts A & B - after all, that would likely correspond to $500+ in my accounts which would likely make up several commissions for you!
Sincerely,
CVM CEL-SCI Receives US FDA Orphan Drug Designation for Its Cancer Drug Multikine(R)
CVM CEL-SCI Receives US FDA Orphan Drug Designation for Its Cancer Drug Multikine(R)
thanks guys...will review....any royal hastles come tax time?
I got the Canadian problem...lol While I haven't looked too hard, etrade, trade freedom, TDW are all screwed with this restriction...we don't have much other options...sent an email to questtrade to check their deal
Yup, came out Friday morning...had an order in for $1.03, but TDW has also put the screws on all pinks and I'd have to call it in. Can't do that crap at work, so I'm screwed now I think - ok if it was just for a buy as I can do that at home, but I've been having to call in for sell to and you need to be able to do that at a moments notice...not when a boss is looking over your shoulder!
damn brokerages thinking they are doing us a favor - why don't they just have a rep at every slot machine that you have to ask for permission to pull the handle each time? WTF is the difference!
Was a sharkster alert on hard mailer out this week
USBE - strong low volume day that I alerted on the weekend - expecting big earnings surprise next Q as analysts keep lowering estimates while price of corn has dropped up to 20% from the 1st Q highs.
USBE...will likely see a positive surprise on earnings as corn prices have fallen from the 1st q highs.
http://www.ibdirect.com/_quotes/HTMLCharts/Grians/Html-Corn-Futures-Chart.pdf
While I assume long term prospects call for higher prices again, production for USBE will start getting stupid - while the margins will probably get hurt, the revenues will be accelerating at such a significant rate, the net will likely grow handsomely.
This is a major fundie growth story, beaten down on sector weakness and screams another nice run from the charts. If those high 10's ever fell thou, I would get out, but I could easily see low to mid teens within a month.
JMHO.....
USBE - prime channel stock marking another bottom on Friday followed up with a 450k trade near close. Was good for a few points for me last time around, entered Friday for next go. Unlike most of the bio plays, this one has good fundies to back things up.
yeah, suppose...even more reason to be cursing..lol
Wonder how many will be cursing on Monday not realizing this happened and were riding the momo of the stock with 10k or more shares thinking it was a genuine thing....wake up with 500 shares.....ouch
Well my question would be whether ANY of you that only bought 1 share have received similar confirmation that you will get your shares in time, or if this is only people that bought 48 or more? Re-reading again, yeah, the wording is iffy, nothing outright saying below 48 pre-split get nothing. I sent an email to transfer agent in hopes to get answers, but so far, 3 fights with TDW about the wording has pulled up no victory....they have clear instructions that this special only applies to those with 48 or more pre-split shares.
Hope something more positive turns up.
that was 2 shares post split thou right? As in, you had 100 shares pre-split? You would be fine....I only bought 1 share PRE-split, thus screwed as I didn't see the min 48 disclaimer in the filing...
rb...i've done a few of these and I know from re-reading, we are screwed if we have less than 48...plain and simple....and that messes those up that picked up 1 share only. The instructions given to the brokers for those with less than 48 shares pre-split, is cash payout, but NO special roundup. This isn't a brokerage messup unfortunately, this was many of us jumping to conclusions thinking 1 share was good enough like it had been in the past with other deals.
You have nothing to worry about, you will get them eventually...could be another month...its those that got less than 48 shares initially that are SOL.....
MAQC is hosed I think guys - anyone who got less than 48 shares...no clue how I missed that in the def14c, but its right there, black and white and I only just noticed!
The reverse stock split, when implemented, will not change the par value of our common stock nor change the number of authorized shares of our common stock. Except for any changes as a result of the treatment of fractional shares, following the reverse split, each stockholder who owns 48 or more shares will hold the same percentage of common stock outstanding immediately following the reverse stock split as such stockholder did immediately prior to the reverse stock split.
Also spelled out in the DTC instructions...
HSOA - 100m contract over 2.5 to 4 years...already nicely profitable and trading around 11pe
http://biz.yahoo.com/bw/070531/20070531005640.html?.v=1
FORG...big one time payment...
NWMO - smart play to buy off the sellers each morning, and quietly sell to them when no new shares are out and the price moves back to $13-15's....could probably flip a few times for 50%
Never said he was behind hmit...just said that he was more likely the cause of rcau move. Hell, hadn't even heard of stockpic until today as was the case with most - basically the same interface stockster used I see. Anyhow, looking back, they both started same time and wild bill got more $$$ for rcau....obviously a major group effort that Wild Bill DID have a big part in.
Notta here...got email from Joe and he said there were 3800 shareholders pre-split....on like 7.6m o/s at the time, there has got to be a ridiculously small float at the moment until the shares are delivered. All the M&I shares are restricted. Can go up big fast, but obviously down big fast at the moment....hopefully they have some spicy PR's in the near future (preferably when the floats a little bigger).
Actually, i doubt they had much if anything to do with rcau...they were likely just riding the coattails of wild bill...IMH
Just add comment on CNWT that you wrote off real quick...did fair amount of DD a while back and here was my finding...
Commercial voip, revenues now ramping up and management expects to be profitable next reported quarter with 75-85% gross margins expected throughout.
Few highlights,
- Research firm IDC issued its initial report on the IP Telephony Applications space in April 2006, and identified Cistera as one of six leading applications providers.
- one of the earliest members of the Cisco Technology Partner Program - strong alliance with Cisco, as well as AT&T, Calence, Sun Microsystems, and Bell Canada
- only pure play in IP enterprise app platform space
- the only certified IP base app for AT&T
- installed customer base of over 200 customers and currently has more than 500 installations. Customers include Ruesch International, Hunt Petroleum, Burlington Resources (NYSE: BR), Cendant Corporation (NYSE: CD), Richardson Financial, Blue Cross Blue Shield, Los Alamos National Bank, Wayport, Five Star Credit Union, North American Lighting, Inc., the City of Denton, TX, BancFirst, Advanced Financial Services, five school districts and a number of small and mid-sized companies in a broad range of industries including education, retail, hospitality, government, healthcare, technology, energy and manufacturing.
- homeland security & mobile wireless opportunities.
- revenue projections per recent small cap presentation
2007 $2-2.5m
2008 $6-8m
2009 $25-28m
2010 $75-85m
2011 $160-175m
using a reasonable 15% net margin, could see 0.14 eps 2008, 0.42 in 2009, $1 in 2010, $1.88 in 2011....just a figure to work with!
Since then, I've heard that the VOIP hosted solutions is receiving way more attention then they ever imagined and it sounds like those revenue numbers may be bumped up at least a year
Not a day play by any means and there should be some PP selling from ways back, but for the long term investor, this could be a very nice one to leave for a rainy day.
AETI...current float is 980k, and probably much less 'currently', until the pre-split shareholders get their shares. Combined entity is expecting 46c eps for 2007 and I'm thinking thats on conservative side...they did 0.35 in 2006...
Keep in mind all shares that M&I got are also restricted...essentially float is 980k once everything goes through. Won't take anything to go up, but works same the other way, any small sells drop the price like we saw today.
AATK American Access Technologies and M&I Electric Industries Complete Merger
Game on, lets see how this pans out...Yeah, I had trouble figuring a fair PE - I used 15 as a starting point - straight earnings though, didn't look at assets etc
HOUSTON & KEYSTONE HEIGHTS, Fla.--(BUSINESS WIRE)--American Access Technologies, Inc. (NASDAQ:AATK) and privately held M&I Electric Industries, Inc. announced today the completion of their previously announced merger. The newly-combined company will operate as American Electric Technologies, Inc. and will begin trading today on the NASDAQ Capital Market under the symbol “AETI.”
Arthur Dauber, president and CEO of M&I Electric, was named chairman and CEO of American Electric Technologies. The American Access business will be run by Timothy Adams, former president and chief operating officer of American Access Technologies.
“By leveraging American Access’ expertise in electrical enclosure manufacturing, we expect to further our efforts to become one of the leading providers of power delivery solutions for the energy industry,” said Dauber. “We believe this merger will also increase the company’s ability to raise additional capital to fund new R&D projects, acquire companies aligned with our growth strategy and further develop innovative technologies to benefit customers, shareholders and the industry.”
M&I Electric has been a leading global supplier of custom-engineered power delivery solutions to the traditional and alternative energy industries for over 60 years. The principal markets served include oil and gas exploration and production including offshore and land drilling, pipelines, land and offshore production, and service and production vessels; petrochemical and refining; and the water and wastewater facilities industry.
In connection with the merger, the company has effected a five-to-one reverse stock split of its common stock. As a result, American Electric Technologies has approximately 7.6 million shares issued and outstanding, of which approximately 80 percent are held by prior M&I stockholders and approximately 20 percent are held by American Access stockholders.
Adams, who will now become a vice president of AETI, said, “American Access’ customers can expect continued product quality and satisfaction with our cabling and wireless enclosures and our custom metal fabrication services. The merger is expected to put us in a strong financial position and push us forward as an industry leader. We will all work together closely to ensure a smooth integration as one company.”
American Access, based in Keystone Heights, Fla., designs and manufactures patented zone cabling and wireless enclosures that mount in ceilings, raised floors and in custom furniture for routing of telecommunications cabling, fiber optics and wireless solutions to the office desktop. Its Omega Metals division manufactures proprietary products, and also employs state-of-the-art metal fabrication and finishing techniques for public and private companies and U.S. government contractors.
The American Electric Technologies board of directors includes four members from the M&I board of directors, two continuing members from the American Access board of directors and one new director. The American Access directors who will continue on the board are Howard Kelley and Lamar Nash. The M&I directors who will serve on the AETI board are: Arthur G. Dauber, Stuart Schube, J. Hoke Peacock II and Paul N. Katz. Peter Menikoff has joined the board and has been appointed as chairman of the audit committee. Menikoff has served as a director of ACE Limited since 1986.
Other AETI officers are:
John H. Untereker Senior Vice President, CFO and Secretary
Neal T. Hare Senior Vice President of Operations
James J. Steffek Executive Vice President of Sales and Business Development
Charles M. Dauber Senior Vice President of Marketing
Joseph F. McGuire Vice President and Treasurer
Erik Wiisanen Vice President, Sales and Marketing, Omega Metals Division
American Electric Technologies, Inc. (NASDAQ:AETI) is a leading provider of custom-engineered power delivery solutions for the generation, transmission and utilization of energy. AETI will offer M&I Electric power distribution and control solutions, field service and testing services, and E&I construction services, as well as American Access zone enclosures, and Omega Metals custom fabrication services. AETI is headquartered in Houston and has global sales, support and manufacturing operations in Keystone Heights, Fla., Beaumont, Texas, Mississippi, Singapore and China. For more information about AETI, visit www.aeti.com.
http://home.businesswire.com/portal/site/home/index.jsp?epi-content=NEWS_VIEW_POPUP_TYPE&newsId=...
AATK...sorry, pre-split shares will be 38.3m, so post split would be 7.66m, not 6.8m
Hey, thats pretty good - consider the fact that west coast canada, I'm paying about $4.35US/gallon and in europe, up to $8US/gallon now......
AATK - flirting with $1 now, word from CFO says hopefully a PR within 24 hours - didn't say good or bad so open to interpretation, but judging on yesterday activity after the meeting, and CFO's optimism from correspondance, I think this is a done deal. I still think this is undervalued by at least 40%, and we should see a company post split with 6.8m o/s, float under $1, and eps for 2007 of 0.46 (trading post split around $5)
20MM WAG - May 27, 2007 @ 9:40 AM EST
they meant 'province'....99% sure of that
'providence' huh...nice one...you don't try to lure new suck er 'investors' with a blatant grammar issue in your heading!
OOPS