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Transfer Agent Number??
Does anybody here know the phone number of the Transfer Agent for UVCL? A few days ago i called the number listed in the DD here. I talked with Mellon Financial, they gave me number for Wells Fargo, neither is the Agent. I wasted 45 minutes on phone. I am trying to determine if Fulda purchased an extra 25 million shares. Need to know the actual number of shares Issued and Outstanding.
Also, Yahoo lists UVCL as the holder of 101 million shares of their stock. Who actually owns the 101 million shares of UVCL, Fulda or UVCL?
http://finance.yahoo.com/q/mh?s=UVCL.OB
From the November 15, 2006 10Q:
NOTES PAYABLE - RELATED PARTY TRANSACTIONS
On March 31, 2006, the Company entered into a secured promissory note with Sean Y. Fulda, the CEO and Chairman of the Company in exchange for $250,000 of accrued salary. The note is due within sixty (60) days and accrues interest at twelve (12%) annually. The note can be converted into common stock after the due date at the request of the Holder. As of November 10, 2006 the note would convert into approximately 25,000,000 (twenty five million) shares if converted at the current price of $0.01 (one cent) per share.
We need to find out if Fulda purchased another 25 million shares. If so, he would profit handsomely from a reverse merger with a profitable company.
So 2 questions need to be answered:
1.) What is phone number of Transfer Agent?
2.) Who actually owns the 101 million shares of UVCL?
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Post of the Week
Just an awesome post olebrookmiss, thanks for sharing.
One of the highlights:
# Under current law, fuel blenders must use 7.5 billion gallons of renewable fuels in 2012.
# Under the President's proposal, the fuel standard will be set at 35 billion gallons of renewable and alternative fuels in 2017 (almost 5 times increase). This will displace 15 percent of projected annual gasoline use in 2017. The President's proposal will also increase the scope of the current Renewable Fuel Standard (RFS), expanding it to an Alternative Fuel Standard (AFS).
* The Alternative Fuel Standard will include sources such as corn ethanol, cellulosic ethanol, biodiesel, methanol, butanol, hydrogen, and alternative fuels.
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Pure Romance Response
I agree with your thinking. The reverse merger is still possible. If it was not, they would announce that was the case, because they are being pestered with phone calls and Emails with questions of the merger. I called yesterday with the same question, I have not received any response from them yet.
No news is better than the proposed merger being terminated.
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2007 Pick Of The Year
As you guys probably know by now, Danceswithbulls picked UVCL as their 2007 stock pick of the year, and sent Emails to selected members. So as not to be accused of pumping, i have been reluctant to post that Email. However someone posted it on RagingBull board, in two parts.
http://ragingbull.quote.com/mboard/boards.cgi?board=UVCL&read=12814
http://ragingbull.quote.com/mboard/boards.cgi?board=UVCL&read=12815
Do your DD
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Dividends and Shorts
I know for a fact, that when a dividend paying company pays out a dividend, shorts are required to pay the dividend on any shares that they are short. If a dividend paying company declares a $1 dividend, shorts must pay the $1 dividend on all shares that they are short.
So, since the SPC spinoff is officially a dividend, will shorts be required to supply one share of SPC for every share of USSE that they are short?
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SPLIT RESULTS
Pure Romance is limited in their ability to do a reverse split (unless they issue more shares).
This is what a 1 - 50 reverse split would look like.
Currently:
Share price = $0.015
Shares Outstanding = 200 million
After:
Share price = $0.75
Shares Outstanding = 4 million
Not enough shares to trade, stock is not liquid enough.
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REVERSE SPLIT POSSIBILITY
A Repost of Post # 281
Absolutely there is a chance of a reverse split here after PureRomance takes control of the stock. That is most likely the case. There will be a company name change, a stock symbol change, and probably a reverse split, and any other change the company sees fit.
I know that a reverse split is associated with a declining stock price, but that is only with a bad stock, with a bad business model and no earnings. Pure Romance has a solid business model (over 10,000 sales consultants, 2006 $60 million Revenues). The stock should rise sharply instead. It would not be a negative event.
The reason for a split is because PureRomance does not want their stock selling at 1 or 2 pennies. This suggests a weak company. They would much prefer their stock selling at a dollar denomination, like $1 or $2 or $3. That makes the stock more appealing and makes the pool of potential investors larger, since more investors will be able to buy.
I know this is a long time away, but I am sure somewhere in their future plans, that PureRomance would like to get listed on NASDAQ or another higher exchange. A split would aid that goal.
A potential reverse split with Pure Romance is a positive, not a negative. Relax.
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I Bought in Today
It took me a few hours and a lot of changed orders but i finally got filled. I had a hard time getting shares. However, some of that might be Etrade, with penny stocks they keep limiting me to 5,000 shares lots, I am done with Etrade.
I am really excited about the potential of USSE. Hopefully,i can contribute something to this board, buy you guys seem to have pretty thorough DD.
BTW, I left Redwood an Email over the weekend, they called me about 1 pm, and answered my questions as good as he could.
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THE BIG PICTURE
< Why does everyone think this will skyrocket after the merger? >
Because if/when the reverse merger gets finalized, UVCL will no longer exist. UVCL has been valued as a non operating shell.
Pure Romance will be the new company, with a change of name, change stock symbol, and new valuation. Pure Romance has growing Revenues and earnings of about $0.06 /share. So to value the stock of the new company, determine a PE Multiple. A very conservative Multiple would be 8.
$0.06 * 8 = $0.48 stock price
Theoritically, the new stock of Pure Romance should rise to $0.48 as investors become aware of the new company.
Looking forward, Pure Romance looks like a well run company with lots of room for growth. With her record and history, I would not bet against Patty Brisben. She built this company while divorced, and raising 4 children by herself.
There is no reason this could not grow to a Billion Dollar company. That would be 16 times larger than they are now.
Are you getting the picture?
IMHO
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PURE ROMANCE REVENUES
< We could do that here, IMO. Especially if the merger goes through and the revenue that has been posted is remotely accurate. >
1983
Patty Brisben starts selling bedroom accessories for Fun Parties.
1984
Patty Brisben becomes one of Fun Parties’ top sales people.
1993
Fun Parties experiences financial difficulties leaving Patty, and 55 Consultants below her, stranded.
Patty Brisben opens the doors to Slumber Parties out of the basement of her home.
1994
Slumber Parties moves to first warehouse - 800 square feet and does $1 million in retail sales.
1995
Slumber Parties generates $1.2 million in retail sales.
1996
Slumber Parties moves into 2,600 square ft. combined warehouse and office space and does $1.3 million in retail sales.
1997
Slumber Parties generates $1.4 million in retail sales.
1998
Slumber Parties generates $2.1 million in retail sales.
1999
Slumber Parties generates $3 million in retail sales.
2000
Pure Romance builds first Corporate Office and distribution center (at 10,000 sq. ft.).
Patty's eldest son, Chris Cicchinelli comes aboard as Executive Vice President.
Pure Romance generates $5 million in retail sales.
Pure Romance is the first company of its kind to gain acceptance in efforts to launch a national radio advertising campaign. The company advertises in conservative Southern and Midwestern markets such as Charlotte, NC, Atlanta, GA and St. Louis, MO.
2001
FCC-regulated, Clear Channel allows the company to advertise on their stations nationwide.
National marketing campaign is released: 'We put the 'O' in Romance', while Brisben and Cicchinelli begin executing aggressive 5-year grow strategy.
Pure Romance generates $9 million in retail sales.
2002
Pure Romance generates $20 million in retail sales.
2003
Slumber Parties begins to re-brand as Pure Romance.
2003
Pure Romance generates $26 million in retail sales.
2004
Pure Romance is recognized by FORBES magazine.
“Pure Romance” is born; company is officially re-launched under new name.
Pure Romance throws bachelorette parties to the stars - including Jessica Simpson.
Pure Romance launches its national College Tour.
Pure Romance generates $35 million in retail sales.
2005
Pure Romance officially launches its unique breast cancer program, entitled Sensuality, Sexuality, Survival (SSS).
Pure Romance hosts party for Living With Fran for celebrity Fran Drescher.
Pure Romance moves to 47,000 sq. ft. Corporate Office and Warehouse in Loveland, Ohio.
In November 2005, Pure Romance incorporates lingerie and sleepwear into product line.
10,000th Consultant comes aboard in December, 2005.
Pure Romance financial reaches over $50 million in retail sales.
Chris Cicchinelli becomes first male President in Pure Romance's industry.
Patty Brisben appears on CNN’s “Paula Zahn Now” Show.
Pure Romance featured on VH-1’s “Celebrity Access”.
2006
Sneak peek of Pure Romance's new product packaging at the Silver Spoon's Golden Globes Buffet in Los Angeles, CA.
Pure Romance sponsors Sex Week at Yale, with Patty Brisben giving two presentations.
Pure Romance is a title sponsor for Young Survival Coalition Conference in Denver, CO.
Pure Romance throws bachelorette parties to the stars - including Nikki Cox/Molly Sims.
Pure Romance launches the Patty Brisben Foundation, a non-profit organization serving to strengthen, support and enhance the health services provided specifically for women.
Patty Brisben appears as a guest for the ‘Hot Topic’ segment on “The View”.
Patty Brisben selected from over a hundred nominations as an Athena Award candidate.
Patty Brisben locally wins the Ernst & Young Entrepreneur Of The Year Award.
Pure Romance selected by the Business Courier for the “Fast 55 Awards” (recognizing the fastest growing, most successful businesses in Cincinnati).
Pure Romance generates over $60 million in retail sales.
http://www.pureromance.com/PR_CompanyProfile.aspx
p.s.
If you only buy one stock the rest of your life, make it USSE.
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PURE ROMANCE HISTORY
The History of Pure Romance
In 1983, while on maternity leave from her job as a medical assistant for four pediatricians, Patty Brisben took a break at home to watch The Phil Donahue Show. On that particular day, it featured a company that was recruiting women to sell adult bedroom toys in home party settings. Intrigued, Brisben realized she identified with these women. As a divorced mother of four, she was always looking for a viable solution which would provide for her family, yet still allow her to remain actively involved in her children's lives.
Shortly after watching the show, Brisben signed up as a distributor and was so successful after the first year, she left her medical assistant job to pursue her new full-time career.
After years of profitably working with a multi-level marketing company, the company folded leaving Brisben and her down line stranded. Determined to draw on her years of experience and lead the way for her down line, Brisben decided to open the doors to her very own in-home party plan, Slumber Parties, Inc.
In 1993, with only $5,000 and 55 Consultants, Patty self-funded and motivated the launch of Slumber Parties. During the first years, Patty filled orders from the basement of her home; now employees fill orders from a 40,000-square-foot distribution center in Loveland, Ohio (a suburb of Cincinnati).
For years Slumber Parties led the industry for in-home party plans specializing in relationship enhancement. In 2001, Brisben brought on her eldest son, Chris Cicchinelli, to run the day-to-day operations. The two formulated a five-year plan that would take Slumber Parties to a new level. Brisben and Cicchinelli realized that Slumber Parties had become more than just a party plan; it had become a practical resource for women who wanted to take responsibility for either their financial means or their sexuality. Not only would Slumber Parties launch a national marketing campaign, within two years the company would change its name to Pure Romance.
In the Fall of 2003, Brisben and Cicchinelli began the process of re-branding the new name, first throughout the West Coast and Southwest, then moving on to tackle the East Coast, and Midwest. The venture led to a total overhaul of over 60 markets. By the beginning of 2004 - Pure Romance was in full swing, and took the nation by storm. Currently in over 100 markets, Pure Romance has truly become America's number one reason for a girls' night in.
Still leading the industry, Pure Romance continues to raise the bar with their fresh designs, production of high-quality product, unique packaging as well as commitment to providing a safe and comfortable environment for their Consultants and customers. It continues to maintain a concept that emphasizes values and versatility.
Annually, Pure Romance spends over $3 million in advertising and training for the company and its Consultants. As for Patty, all four of her children now share her passion. Each hold distinguished positions within the company including President: Chris Cicchinelli, Director of Operations: Nick Cicchinelli, Advertising Coordinator: Matthew Brisben and Editorial Assistant: Lauren Brisben.
The company's financial projections for the fiscal year of 2005 are expected to exceed over $50 million in retail sales.
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PURE ROMANCE COMPANY SKETCH
Company Sketch
Founded in 1993 by Patty Brisben, Pure Romance is an in-home party company which offers an exclusive line of heighteners, lubricants and bedroom accessories for relationship enhancement.
Pure Romance products are not sold in stores but may be purchased at in-home parties or through a network of independent sales consultants. Currently, thousands of Consultants nationwide from all 50 states, Canada, and the Virgin Islands are teaching the art of romance.
In a little over a decade, Pure Romance has grown into a multi-million dollar company, bringing in $43 million in retail sales during 2004 alone.
Based in Cincinnati with 80 full-time employees, Pure Romance operates out of a state-of-the-art facility comprised of a 40,000-square-foot distribution center and a 10,000-square-foot Corporate Office.
In addition to a full-time Customer Service Staff, the company also invested over a quarter of a million dollars to provide a fully automated communication system which offers Consultants 24 hour service and support. Other Pure Romance support systems include an in-house Marketing Agency, National Training Department, Health Education Department as well as a corporate interactive website.
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UCVL TRANSFORMATION
IF, (I repeat) IF, the propsed reverse merger is finalized, UVCL as it now exists will be gone.
It will have a new name, a new stock symbol, maybe a different capital structure. Pure Romance will determine this. We do not know yet. However, this is what their Revenue history will look like:
EARNINGS HISTORY FROM THE COMPANIES WEB SITE:
1995 1.2 Million
1996 1.3 Million – Earnings Growth
1997 1.4 Million – Earnings Growth
1998 2.1 Million – Earnings Growth
1999 3.0 Million – Earnings Growth
2000 5.0 Million – Earnings Growth
2001 9.0 Million – Earnings Growth
2002 20. Million – Earnings Growth
2003 26. Million – Earnings Growth
2004 35. Million – Earnings Growth
2005 50. Million – Earnings Growth
2006 60. Million – Earnings Growth
11 Consecutive Years of Incredible Earnings Growth!
Earnings per share - 200 Million Shares outstanding - 60 Million Revenue - 20 Percent Profit Margins (From Companies Site) = .0625 Cents Per share.
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Stellar CHME Numbers
CHME is new and undiscovered yet, only been public 2 months. This stock will require some patients (LMAO, sorry folks could not resist). We will be happy in a year or 2 when this hits the teens. Healthcare is becoming huge in China, people are improving their lives.
The CHME numbers just grabbed me. A couple of them are astonishing:
Management Effectiveness:
Return on Assets (ttm): 41.58%
Return on Equity (ttm): 54.46%
Numbers like these do not just happen. Management is doing something right.
The other one is Earnings Per Share of $0.55 (ttm). 3rd Quarter 2006 Fully Diluted EPS of $0.29. Easy to see the future of this company.
Finally, the reason why EPS are so large:
Shares Issued and Outstanding = 7.38 Million
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NEW WEBSITE
* Baltia Air Lines makes agreement with The Creative Underground for new website
Airline Industry Information, April 28, 2006
Baltia Air Lines (OTC Bulletin Board: BLTA), an emerging airline aiming for service between the major US cities and Eastern Europe, is expanding its online presence in preparation for its inaugural flight later this year.
The company has said that it has entered into an agreement with The Creative Underground, an advertising agency, to produce a state-of-the-art, all-inclusive website covering every aspect of travel between New York and Eastern Europe, from online booking to travel information and resources for all destinations. *
Boy they were not kidding. About a week ago the old website went down and the new Baltia website is up and running. And it is a dandy. The site looks sharp, is full of info that took much thinking on their part. The website is really awesome. Here are a few excerpts:
* In 2007, Baltia Air Lines plans to inaugurate non-stop service between JFK and St. Petersburg. Our first flight to St. Petersburg also marks the launching of an exciting new United States airline.
A grand inaugural event is planned for Baltia's maiden flight consisting of a ceremony at JFK Airport including the christening of our aircraft, an exclusive maiden flight with 100 honor guests and 180 inaugural passengers, and a very special celebratory itinerary in St. Petersburg. The date of Baltia’s maiden flight will soon be announced.
* The Inaugural Promotion
During the Inaugural Month all tickets are discounted 25%.
The first 300 passengers who buy tickets through Baltia Reservations, each will receive one additional free ticket. The complimentary ticket can be used by a companion or given as a gift.
From amaong the 300 passengers, every 10th passenger will receive an invitation for two to a memorable cultural event or performance.
*
Welcome Shippers
Make a Shipping Order
Change Your Order
Cancel Your Order
Shipping Schedule
Shipment Tracking
Baltia Courier
Baltia Express
Baltia Priority
Baltia Cargo
Rates
Shipping Documents
Interlining Forwarders
Conditions of Shipping
Shipment Insurance
Shipper's Guide
Shipper FAQs
Shipper Feedback
Cargo Facility Directions
Useful Phone Numbers
The site is state of the art and very impressive. See for your self:
http://www.baltia.com/index.html
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< The 10Q said the last part of January. We have two weeks to see what happens. >
Yes, but 2 things to remember.
1.) That 10Q was dated November 15, 2006, 2 months ago. A lot of things can change in that amount of time.
2.) SEC has to give final approval. Something that neither company has any control over.
So just accumulate your position, and have patience. One good sign, according to many posters on several Message Boards, it appears that both companies are in a "quiet period".
THANKS A TON
Thanks I really appreciate the info. Despite the appearance, i am a knowledgable investor. I have been concentrating heavily on Chinese stocks, some Uranium plays and lately ethanol stocks. USSE looks much better than ethanol. Yes, the info here is overwhelming, but looks promising.
I usually won't touch a pink sheet, but I will DD this one.
Thanks again
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USSE and USSEC are the same.
They spun off Sustainable Power Corp in a dividend.
With a $5 price target, why is this at .36?
This is one of the busier Boards i have seen, quite a bit of interest here.
Thanks for your response.
USSE or USSEC?
Just starting my DD here, and i am a bit confused. Even the PR's from this company is confusing. One minute they say USSE, the next USSEC, which is it?
This closed at .36 today, correct?
TIA
WHY I THINK REVERSE MERGER WILL HAPPEN
I am not an expert on reverse mergers, but after some DD and thought here is my take. The deal will become finalized because both parties will financially benefit from the deal closing. They both want it to be completed.
UVCL Incentive
The CEO has fiduciary responsibility to the shareholders. Pure Romance had 2006 Revenues of $60 million. Supposedly 20% profit margin. Most people are calculating EPS of $0.06, but i think that is high, I will use $0.04. Using a conservative multiple of 8, is $0.32 EPS. That is very excellent for shareholders, so CEO should complete this deal.
Is there any other incentive for the CEO? Perhaps. Here is from the November 15, 2006 10Q:
NOTES PAYABLE - RELATED PARTY TRANSACTIONS
On March 31, 2006, the Company entered into a secured promissory note with Sean Y. Fulda, the CEO and Chairman of the Company in exchange for $250,000 of accrued salary. The note is due within sixty (60) days and accrues interest at twelve (12%) annually. The note can be converted into common stock after the due date at the request of the Holder. As of November 10, 2006 the note would convert into approximately 25,000,000 (twenty five million) shares if converted at the current price of $0.01 (one cent) per share.
IF I interpret this correctly, The CEO Fulda probably is sitting on 25 million shares of UVCL right now. Now, IF the reverse merger happens, this stock will quickly reach it's fair value of $0.32 a share. Mr. Fulda will have 25 million shares of the new company worth approximately $8,000,000. The CEO wants this deal done.
PureRomance Incentive
I am sure UVCL never heard of Pure Romance, so PureRomance most likely approached UVCL, so they want the merger. Check this out:
UVCL
MAJOR DIRECT HOLDERS (FORMS 3 & 4)
Holder Shares Reported
UNIVERCELL HOLDINGS INC 101,039,349 25-Feb-05
IF this is correct UVCL holds 101 million shares of it's own stock. I am not positive, but I think that these shares will probably go with the stock as a company asset. So IF the deal finalizes, Pure Romance will own 101 million shares of their new company stock. This is huge (if correct). Any time they wanted funds for expansion they could just sell some of that stock. 5 million shares at .32 is $1.6 million.
No dilution, no debt, no interest payments, no loan approvals. Pure Romance could fund all the growth they desire. Very shrewd.
There is also the possible matter of tax loss carryforwards that might benefit PureRomance since they already have profits. I have no details of this.
In Summary UVCL shareholders get a growing business making profits, CEO Fulda gets 25 million shares of the new company worth millions, PureRomance gets their company publicly listed, 101 million shares of their new company (instant painless financing), and possible future tax benefits.
All 3 parties want this reverse merger completed. IMHO
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PURE ROMANCE: RECENT HISTORY
2004
Pure Romance is recognized by FORBES magazine.
“Pure Romance” is born; company is officially re-launched under new name.
Pure Romance throws bachelorette parties to the stars - including Jessica Simpson.
Pure Romance launches its national College Tour.
Pure Romance generates $35 million in retail sales.
2005
Pure Romance officially launches its unique breast cancer program, entitled Sensuality, Sexuality, Survival (SSS).
Pure Romance hosts party for Living With Fran for celebrity Fran Drescher.
Pure Romance moves to 47,000 sq. ft. Corporate Office and Warehouse in Loveland, Ohio.
In November 2005, Pure Romance incorporates lingerie and sleepwear into product line.
10,000th Consultant comes aboard in December, 2005.
Pure Romance financial reaches over $50 million in retail sales.
Chris Cicchinelli becomes first male President in Pure Romance's industry.
Patty Brisben appears on CNN’s “Paula Zahn Now” Show.
Pure Romance featured on VH-1’s “Celebrity Access”.
2006
Sneak peek of Pure Romance's new product packaging at the Silver Spoon's Golden Globes Buffet in Los Angeles, CA.
Pure Romance sponsors Sex Week at Yale, with Patty Brisben giving two presentations.
Pure Romance is a title sponsor for Young Survival Coalition Conference in Denver, CO.
Pure Romance throws bachelorette parties to the stars - including Nikki Cox/Molly Sims.
Pure Romance launches the Patty Brisben Foundation, a non-profit organization serving to strengthen, support and enhance the health services provided specifically for women.
Patty Brisben appears as a guest for the ‘Hot Topic’ segment on “The View”.
Patty Brisben selected from over a hundred nominations as an Athena Award candidate.
Patty Brisben locally wins the Ernst & Young Entrepreneur Of The Year Award.
Pure Romance selected by the Business Courier for the “Fast 55 Awards” (recognizing the fastest growing, most successful businesses in Cincinnati).
Pure Romance generates over $60 million in retail sales.
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DISTRIBUTION SYSTEM
CHME sells approximately 1,100 medicine products, including, traditional Chinese medicine (finished medicine made of Chinese herbs), Chinese herbs, and nutritional supplements, which include both prescription and non prescription drugs.
China Medicine Corporation's sales network reaches 28 provinces, approximately 300 hospitals, 500 medicine companies, and 1788 drug stores throughout China.
http://finance.yahoo.com/q/pr?s=CHME.OB
INVESTOR RELATIONS CHAT
I decided to call Investor Relations to see what was going on. I called last wednesday, no answer, I left a message but no one ever called me back. A little miffed, I called IR again, on friday Jan. 12 about 2:30 NY time.
The only number I had was for Public Relations, Bob Strom at (818) 216-1103. Mr. Strom answered right away, was cordial, but said he was busy in a conference. He gave me another number that was directly to the President and CEO: Igor Dmitrowsky. Mr. Dmitrowsky answered right away, said hello, then transferred me to Investor Relations, Barry Clare.
Mr Clare was quite pleasant and optimistic, as you might imagine he would be. We talked for about 8 minutes or so. He was very optimistic about the current status of Baltia Airlines. He pretty much said everything was in place, they were just waiting to finalize the necessary financing. It all depends on financing. I said that i heard that they obtained financing, his response was, "Talks the last couple weeks have been going very good". Then, he offered that there is no sense in issuing a PR right now. No news will be issued until there is some news to announce. (I really liked that comment, seen enough pump and dumps). When/IF they get financing they will need to get final Certification from FAA and DOT (within 90 days). He basically just assured me that Baltia was moving forward and they are working hard on it every day.
I apologize for not having a good list of questions for IR. I could have gotten better info. I did ask if they received financing, of course he could not say yes right now, even if they did. When i called my main concern was are they still moving forward or would I get a disconnected phone number. I can assure you that Bob Strom: Public Relations, Barry Clare: Investor Relations, and Igor Dmitrowsky: President and CEO were at that office, working on advancing Baltia Airlines.
Do your own Due Diligence.
Disclosure: Yes, I have a small position in BLTA.
CHME NUMBERS
Oops post #10 are the right numbers for CHME, I just labeled it wrong, sorry. They are the CHME numbers.
REVERSE SPLIT POSSIBILITY
Absolutely there is a chance of a reverse split here after PureRomance takes control of the stock. That is most likely the case. There will be a company name change, a stock symbol change, and probably a reverse split, and any other change the company sees fit.
I know that a reverse split is associated with a decling stock price, but that is only with a bad stock, with a bad business model and no earnings. Pure Romance has a solid business model (over 10,000 sales consultants, 2006 $60 million Revenues). The stock should rise sharply instead. It would not be a negative event.
The reason for a split is because PureRomance does not want their stock selling at 1 or 2 pennies. This suggests a weak company. They would much prefer their stock selling at a dollar denomination, like $1 or $2 or $3. That makes the stock more appealing and makes the pool of potential investors larger, since more investors will be able to buy.
I know this is a long time away, but I am sure somewhere in their future plans, that PureRomance would like to get listed on NASDAQ or another higher exchange. A split would aid that goal.
A potential reverse split with Pure Romance is a positive, not a negative. Relax.
.
bI wonder how muc Pure Romance's net revenue is./b
Supposedly PureRomance has 20% profit margins. It is suppose to be on their website somewhere.
p.s. I can not answer private messages, because I am not a Premium Subscriber. Sorry.
CHID VALUATION
From the November 14, 2006 PR. The facts:
3rd Quarter Earnings per share = $0.02
First 9 months of 2006 EPS = $0.05
Let's be conservative for the 4th Quarter and project earnings to halve at $0.01. So projected 2006 earnings of $0.06 / share. Now the question is what PE multiple to use. Here are 3 scenarios:
1.) .06 * 12 = $0.72 share price
2.) .06 * 10 = $0.60 share price
3.) .06 * 8 = $0.48 share price
Select the multiple that you think is appropriate, but like I have posted here before, CHID appears undervalued in all 3 scenarios.
CHID NUMBERS
Share Price = $3.65
EPS (ttm) = $0.55
PE = 6.6
PEG Ratio = .22 (Estimated 30% Growth)
Price/Sales = 1.47
Profitability:
Profit Margin (ttm): 21.72%
Operating Margin (ttm): 31.50%
Management Effectiveness:
Return on Assets (ttm): 41.58%
Return on Equity (ttm): 54.46%
Shares Issued and Outstanding = 7.38 Million
PURE ROMANCE
This is the company negotiating to acquire the UVCL shell.
A privately held company headquartered in Loveland,Ohio (too funny). A lady built the company from scratch, in 11 years to 2006 Revenues of $60 million. Multi-Level Marketing. The more than 10,000 consultants hold home parties for women and distribute "relationship enhancement" items. Today's modern women, rushed for time, are embracing the concept of buying these items in the comfort and security of their own homes. Pure Romance also promotes women's health, education and sexual issues.
With 80 full-time employees, Pure Romance operates out of a state-of-the-art facility comprised of a 40,000-square-foot distribution center and a 10,000-square-foot Corporate Office.
This is quite a growth story that has just begun. Have YOU ever heard of them before this? No reason this can not end up being a multi billion dollar company. To get a sense of their story, visit their website:
http://www.pureromance.com/
CHME
China Medicine Corporation, through its subsidiary, Guangzhou Konzern Medicine Co., Ltd., engages in the research, development, and distribution of various pharmaceutical and nutritional supplement products in China. It sells approximately 1,100 medicine products, including, traditional Chinese medicine (finished medicine made of Chinese herbs), Chinese herbs, and nutritional supplements, which include both prescription and non prescription drugs. China Medicine Corporation's sales network reaches 28 provinces, approximately 300 hospitals, 500 medicine companies, and 1788 drug stores throughout China. CHME went public on December 1, 2006.
Share Price: = $3.65
EPS (ttm): = $0.55
PE: = 6.6
PEG Ratio: = .22 (Estimated 30% Growth)
Price/Sales: = 1.47
Profitability:
Profit Margin (ttm): 21.72%
Operating Margin (ttm): 31.50%
Management Effectiveness:
Return on Assets (ttm): 41.58%
Return on Equity (ttm): 54.46%
Shares Outstanding = 7.38 Million
INAUGURAL FLIGHT IN MAY?
I received an Email that BLTA has gotten funding to launch their airline. I have no idea if this is true or not, but my DD shows that they have spent much time (years) and effort to get this off the ground. Here are a few lines from the notice:
Baltia Airlines is finally expected to announce in January that it has raised the required funding for their endeavor to launch the first full-service, nonstop passenger, cargo and mail service between New York and St. Petersburg, Russia.
Now that they have the required funding, Baltia expects to finalize the FAA and Department of Transportation certification process within 90 days.
One month prior to receiving final certification Baltia will be allowed to pre-sell airline tickets for the inaugural flight which is anticipated to begin in May, 2007. Funds from advanced sales are estimated at approximately $3 to $4 million.
p.s.
It does include a link of a job opening for Director of Personnel to "Begin the process of hiring qualified candidates".
http://www.flightattendantcareer.com/hir...
ISSUED and OUTSTANDING?
The Intro Post here says:
Share Structure:
Authorized - 200,000,000
OS - 200,000,000
Does anyone know if these numbers are correct?
In the course of my DD here, I am trying to learn the exact number of UVCL shares:
1.) Issued and Outstanding
2.) Authorized
I would appreciate sincere responses. I literally spent over 45 minutes on the phone today with no answer to these 2 questions. I first contacted Mellon Investor Services, they said they are not Transfer Agent, that Wells Fargo is and gave me a phone numnber.
Both companies told me that they are not Transfer Agent for UVCL.
The reason I want to know is from the November 15, 2006 10Q:
NOTES PAYABLE - RELATED PARTY TRANSACTIONS
On March 31, 2006, the Company entered into a secured promissory note with Sean Y. Fulda, the CEO and Chairman of the Company in exchange for $250,000 of accrued salary. The note is due within sixty (60) days and accrues interest at twelve (12%) annually. The note can be converted into common stock after the due date at the request of the Holder. As of November 10, 2006 the note would convert into approximately 25,000,000 (twenty five million) shares if converted at the current price of $0.01 (one cent) per share.
Question: Did Fulda already convert to the 25 million shares? If so, how can that be done if the current Authorized and Outstanding are equal and already maxed out?
Anybody know?