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Yeah I think that has been like that for sometime it has had that notice on the Pinks for a while. Not sure on the actual circumstance but rumors around ex-employee associations and maybe tied to that. I am sure something been noticed and they are investigating but not sure if they have anything or not. I am not sure If I care either way other than the obviously of any affect on Market value and some belief that it should be an even playing field for all investors. Hope they deal with it and get it cleared up to move forward! I still think its a stock and company for that matter with potential! Big potential!
Great work Guys! I'm with you in thinking this Stock has potential and as an existing Share Holder also am watching it closely as well. The company has made lots of great moves recently as well as been around for quite some time which is all good! Huge Potential and from what I can see a solid Plan for Growth in many directions! I think the company is already in motion with number of big projects and no limits in terms on potential and return! Great for the Investor all the way.
Would-be Trump Marina buyer hires casino specialist
ATLANTIC CITY - A former investment banker who helped billionaire Carl C. Icahn buy the Tropicana Casino and Resort is joining a New York gaming group that has its sights on Trump Marina Hotel Casino.
Kenneth Shea has been named president of Coastal Capital Management LLC, an affiliate of Coastal Development, a privately held resort and casino developer headed by Richard T. Fields.
http://www.pressofatlanticcity.com/news/breaking/article_9d3a4642-add5-11de-a46c-001cc4c03286.html
Right On! Enjoy the trip and keep your IPhone close by! You never know quick things may move along! Me I'm hoping for sooner rather than latter just to get it out of the way but I'm also willing to wait if the big things take a little longer and its all good for bigger pay offs! Take it Easy!
You do that but keep a good supply because your going to need it! This one's bound for the sky and beyond! LOL! I think there may be a whole lot of eyes on it and more to come as things move along! Don't be last one to the life boat! There may be a no room left and at a minimum there will be a premium for getting on!
I Agree as well! I think things are going to get interesting!
I Think the fun has just begun and this has no where to go but UP and Way Up! Just my opinion!
Trump Entertainment CEO surprised by new bidder.
New Century said in a statement that it has been following the company since late 2008 and now believed it was "time for us to make our move."
http://www.reuters.com/article/marketsNews/idCNN3023631620090930?rpc=44
While I understand and agree to a point with your Statement, I also feel feel it highly undervalues some looming truths and/or facts depending on how your look at it.
There are number of facts that in my mind remain undisputed but feel free to think and say otherwise.
When people think of the Atlantic city Casino Industry they think Trump Casinos almost solely. People who may not be avid gamblers or casino go'ers all know of and have heard of Trump Casino's. When People think of Casino's anywhere in the world they think of Trump Casinos along with number of other Las Vegas Casinos.
It is and has maintained Prominence in the sense of Market and Product world recognition. Is Atlantic City Vegas ? No! but its not a bad substitute with great potential, no where near the time of development of the Vegas Casinos have had and largely lead by Trump Casinos with 3 active Casinos and a newly built Chairman's tower at the Taj Mahal.
For the most part the Casino Industry as a whole is hurting Trump with whole Economic Down Turn and has been for some time. Trump is not alone in this, the entire Atlantic City Board walk and even Vegas Casinos have been hit with other notables being Station Casinos, The Riviera Casino and the Tropicana.
Trump Casinos have continued to expand even in hard markets and yes for the time incur losses but are still huge players in the Industry and for the long term I believe still a force to be reckoned with able to be profitable with solid leadership, good financing and great plan. The market and Economy are in full recovery and I think road to success for these types of companies close at hand and I think Trump Casinos/Trump Entertainment is going to be there! That's my thought anyway!
New Century Investments' Wunderkind Makes Play for Leading the Restructuring of Trump Entertainment Resorts
“This company can return to prominence but to get on the right path, it’s going to take unity with all involved parties aligning their unique strengths. We can bring a fresh perspective and have a world class restructuring team ready to support current management in their endeavors,” says Mr. Afsharjavan.
http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20090925005602&newsLang=en
We are up 20% today, not a big volume but that's ok from my point view were up again and that's good!
Funny how times change! LOL! I just thought I would share it for laugh's!
Hey we ( ProElite ) got an honorable( I think - LOL! ) mention on Bloodyelbow.com by Michael Rome on Sep 29, 2009 3:56 PM EDT in News.
http://www.bloodyelbow.com/2009/9/29/1060570/alternative-universe-quote-of-the
On Alternative Universe Quote of the Day: Dana White on Kimbo Slice vs. Roy Nelson If the Fight Was Promoted by Pro Elite
Disclaimer: This post is a parody. Dana White did not actually say this.
He may not have said it but I definitely could see him saying it!
Yeah the Filing from I understand has been completed!
They are in the midst of restructuring and looking at a range of different proposals primarily lead by Financial Plans with atleast one by Donald Trump and the Beal Bank a good friend of Donald's and another lead by a group of the current Company Bond Holders.
Again as I understand it!
The process at this point with some interesting development is being controlled and lead from by US Federal government through and by an appointed Judge and their team, watching for any potential of foul play and looking for the best and most viable solution for the company for stability and recovery. It all sound good to me! Great actually!
The two base proposals would both throw large amounts of cash into the company for sustainability and growth!
Although again as I understand it, Donald's base Plan( Hope and think he may have another one, he better if he wants to win this one ) along and the Beal Bank would see the Company go private with Bond Holders and Investors being cut out.
I don't blame him for trying! He's human! All bad! Man Kind were all about conquest! LOL! But there are alot of players in this game and all watching closely and wanting to win as well! May the best man win! I look it this way, Its cool when we can all swing it out, get knocked down and get back up, shake hands and then go back it again! That's life! Doomed to repeat ourselves! We do that in our personal, professional and investment lives every day! LOL!
I personally don't think it will happen or go down that way in any case and now with active government and SEC guidance to and with the process even more unlikely but I guess you never know! My bet is against it!
May the best bid Win!
I think we and the company in either case will be on the same and winning side of all this and soon!
Again My Thoughts!
I personally think things are going to turn around and soon! I think is personally worth risk but to each their own and it has to make sense for you and your investment plan.
I'm thinking 20+ cents in the next month to 2 months and maybe sooner with good News, a forward thinking Plan and next steps for Financial stability which I think are all coming with lots of bidders, government oversight and some good business and financial planning and leadership. I am aiming for 50+ cents by the early to Mid New Year but willing to wait a little longer! LOL! By the late next year or early the following year $1.00 or more! Here's hoping!
Sorry about this long winded response but can't help myself and I never feel like responding if can't say what I believe is right and say it all to cover the question.
The TRUMP name still has value whether you like the guy or not and big value at that. Whether he's involved or not the average buying public does not know the difference nor really cares the same way and reason companies put people on their cereal box who have noting to do with company other than being on the cereal box and people buy it for that reason alone.
That being said having Donald associated is not necessarily a bad thing he does bring attention to the Brand and is a very smart guy with alot of money to prove it and yeah I know the family had money to start but he turned into alot more money and a Brand recognized world wide. Like him or don't like him you know alot about him and things he's associated with and maybe more than you want to know but the fact of matter is you do know!
But again if his or anyone else's plan involves cutting out the investor I'm not ok with that at all and it must be an Investor/Partner amicable capacity whether CEO or just average but big Investor he's got a vote per share right along with everybody else and the rest hopefully governed by National and international Law along the the SEC looking after Investor Rights and process. Personally I don't think he or anyone else can or will get away with it so I think we are all good! I personally think he would be OK with it as well as long as the company get back to Financial stability and profitability! I think it really bothers him because this is the most public project with his name on it, its not doing well and he is not in control! You can't blame him for being human! We as people like to win and to be in control whether we admit it or not!
But either way the whole Entertainment Industry is coming back around and I believe will never truly die. People need an outlet sooner or latter and when its latter they come back with a thirst and you've got to be ready with the water or someone else will! I want to be one of the people waiting with a Water Can and setting a fair but profitable price for longevity and sustainability with a happy customers who keep coming back for more because they are treated well, right and fairly with a good product and great service. Hopefully( Which I believe they can ) the company can pull it together all the pieces are there.
Those are my thoughts anyway!
Four Atlantic City casinos reach deal with hotel workers union.
http://www.nj.com/news/index.ssf/2009/09/hotel_workers_union_reaches_de.html
No problem and I appreciate the feedback! I guess we all have to put to task at some point, it keeps us thinking! I was just looking after our other board members and respecting their feedback as well as thinking any information with anything to look forward to is good! I do think he is on the money as it relates to timing! But no worries I understand the drill, lets all just be cool about it we are all in this together! I thinks its going to happen for us its just a matter of time! Lets shoot for Oct 20th and hopefully its good all the way!
Maybe but either way the price is going up which is great! And realistically I have always felt this stock is so under valued. I still think something is happening but some real news would be great. Maybe someone knows something we don't and I am ok with that as long as we hear soon.
The last we heard they were at the beginning of the end of the process for Restructuring for Expansion, it sounds like they aim is to turn things around and fast. From what I understand realistically not impossible they had many those projects already underway or at least the planning phases were well underway and I got the sense some may be have been nearing completion, so maybe we going to hear more about them and who knows maybe a big deal in the works. Do you think they may still try and pull off the Oct Event ? I think its a little tight but you never know!
Maybe there's more underway than we know! I would assume there may be many parallel processes in works, it makes sense with so much to do and what sounds like very big plans. I'm glad to be along for the ride and at this point and feel I have nothing to lose and everything to gain! Big time! Go Sun!
No speculation on my part. I was sharing information as it was presented to me. If you guy's with all the information got it all covered please feel free to let us know and if don't mind please share with the rest of us. From what I can see I ain't heard anything in while from any of you and nothing that wasn't public anyway. Last I check we all seemed to fairly competent in using computers, Searching the Pinks Company Statements, google Searches and the general group of News Sources.
Even with public information it is all speculation at best, the companies share with us what suit's them best in a way that is best for them, when its best for them but there is a base formula just for keeping our attention and the public for that matters.
Now if you feel you have a better date for a release of information were all waiting to hear it otherwise I think his comment is a fair one. But please again feel free to tell us with us your wealth of information!
I agree but that also could be someone trying to buy in while they figure things are on the rise and with 5+- Million trades in 2 days either way an lot of trades happening I wouldn't blame them to buy in now rather than later paying a real premium latter and the price in any case is up which is good either way.
Here's hoping someone knows something we don't and its all good. Last PR on the surface looks very positive and from what I am thinking the restructuring maybe happening because things were moving too slow and too small.
Sounds like big Plans in motion and it all makes sense to me in a market that is exploding with growth and few real contenders at the top and lots of room either way. Sun has been there before and I would hope its going to happen again! They know the formula they just have apply and apply it well and there's no limit to how big things could grow.
Just my thoughts!
I agree! Stock price is on the climb and lots of Shares being bought, too much movement not be something happening. This is looking good!
Its up today by 25% and over 3.5 Million Shares moving looks like something is on the move! Either way good for the Company and Shares we need it! Go Sun!
They have to release something soon! Some else's turn to call and find out what going on ? I still think its going to happen and its going to be good when it does but when is the question.
TRUMP ENTERTAINMENT RESORTS, INC. SEC form 8-K, Regulation FD Disclosure,Financial Statements and Exhibits Filed Sept 21 / 2009.
http://www.pinksheets.com/edgar/GetFilingPdf?FilingID=6807481
Adrenaline MMA IV - Tim Sylvia and Houston Alexander back in winner's circle
http://mmajunkie.com/news/16239/tim-sylvia-and-houston-alexander-back-in-winners-circle-at-adrenaline-mma-iv.mma
http://www.bloodyelbow.com/2009/9/18/1036300/adrenaline-mma-iv-live-results-and
Sounds and looks like it was fairly successful Event. Should be great for the Stock as this asset and arm of the company develops.
These events are getting more more publicity with better productions and fight cards with each Event. This will all hopefully lead to bigger and better revenues with larger gates and more sponsors which is great for the company and Stock.
I know ProElite was heavily involved in the Production end on top of bunch of other roles.
I was thinking\thought\hopping the Production might continue as well the available agreements and fighter Contracts. I think the 0primary on screen advertising and event stuff would be now managed and presented under and with King of The Cage under the sale and agreement back to Terry Treblecock for which ProElite will continue to get its piece of the ongoing revenues as part of that sale back agreement.
My thoughts anyway.
It is possible but the potential tie in is that Rumble on the Rock was fully owned by BJ Penn and his brother until being bought out by Proelite.
They then fully continued all production of the show and all events as both consultants and organizers for all events. Probably built out of some agreement in the sale which makes sense all the way around being there home stopping grounds and the publicty on having the Events tied to the Penn's is great move alone.
Maybe Proelite wanted to fly under the radar on this one for time being and or slide it in as a smaller but related Event and/or maybe they used two separate Branding for the same show for market appeal.
Just some thoughts but I think its still Pro's Show.
I can't see the rest of sites getting wrong. Sherdog practically developed the MMA NEWS Industry when there was no one else, they are considered pretty reliable.
Not sure but I found other references to the Event with results and when I search the individual fighters it show the Event on their Records.
http://www.topgunmma.com/viewEvent.php?eventid=8263
http://www.sherdog.com/fighter/Kaleo-Kwan-12057
Maybe its related to web site move along with the main Pro Site
which I was told there were some issues with it and it sound like were working a rebuild with new material. Just A guess.
Its a little odd but the timing would fit the no updates on the the main pro Site hopefully we will see a new Updated site soon and all these things may get answered. I hope so anyway. It doesn't look like it was one of there bigger Events either and maybe they were not in too much of hurry and things fell apart in the moving it. No sure but does look like it happened which if it did is still good however minor to keep things in motion.
I Agree! Something has got to be close!
Just another interesting note. It looks like there was a Rumble on the Rock Event an event in June 2009. Which is good and fairly recent with the Web Sites that end appears to be active.
http://www.mma-core.com/events/_ROTR_Beatdown_10?eid=27881&tab=1
http://www.sherdog.com/events/ROTR-Beatdown-10-10489
Don't know but looks good to me. Maybe we will hear something,
its back up about 20%. Hope it keeps going and some News would be nice to send it really flying!
Houston Alexander To Co-Headline Adrenaline MMA 4
Alexander, still under contract to the UFC, was permitted to take the outside fight.
http://www.fighters.com/08/23/tim-sylvia-ufcs-houston-alexander-to-co-headline-adrenaline-mma-4-in-omaha
This event is shaping up into a great card!
HDNet to Broadcast 'HDNet Fights Presents: Adrenaline MMA IV
DALLAS, Sept. 17 /PRNewswire/ -- HDNet will feature LIVE coverage of "HDNet Fights Presents: Adrenaline MMA IV," from the Mid-American Center in Council Bluffs, Iowa on Friday, September 18 at 10:00 p.m. ET.
http://newsblaze.com/story/2009091706560200002.pnw/topstory.html
More Good News!
Tim Sylvia headlines Adrenaline MMA IV against Jason Riley on Sept. 18 in Iowa
http://mmajunkie.com/news/15803/tim-sylvia-headlines-adrenaline-mma-iv-against-jason-riley-on-sept-18-in-iowa.mma
This is good news!
Trump Plaza dealers seek end to representation by UAW.
ATLANTIC CITY - Dealers at Trump Plaza Hotel and Casino want to drop the United Auto Workers as their bargaining agent, a federal labor board official confirmed Wednesday.
http://www.pressofatlanticcity.com/news/press/atlantic_city/article_1aae813c-a33c-11de-8357-001cc4c002e0.html
This is awesome! Go Sun!!!!!!!!!
I have not heard anything but expecting it will be a public release. I like everyone am hoping it comes soon but I think it will due to the fact they really have not said too much about the plan or much of anything lately so they are about due. Yet over the last while there does seem to alot going on with wrapping up legal matters and other revenue generation. Looks like preparation for something or at least too much to not be but I don't know what. I hope so anyway and when we do hear I hope its something big! Here's hoping and I guess we will have to wait and see.
No problem and that is my thought as well. All we can do is wait and see.
I personally believe there is no way SUN put all this work into getting this far this year alone much less historically to walk away. We do have to give them credit for putting on from what I understand a reasonably successful show this year and have seem to have number of other projects( TV Pilot, Another Art of War Show, additional planning for more Mano A Mano Events ,etc ) they were working on, now whether that is used immediate value within the company on go forward basis or potentially valuable within a sale, I don't think it matters as long as investments are maintained and hopefully grown with and by the Investors who have been there for them. I think that's all we can ask. Here's me hoping again but the potential is there and I believe still its huge for this company with the right leadership, approach and drive.
They still have name and as much as there are alot of shows NOW across North American and internationally. There are very few who have put shows on a scale or stage as big as SUN has with the Art of War Event's and from what I did hear about the Mano a Mano Event. Which I hear was a very big production for being geared as small show and the first event of that series. Much less the thousands of show and other companies who either started and have since closed down or never even got off the ground.
I think the product is very well done and very comparable with any product available today! I say that as an investor and long standing FAN who also enjoys the sport and knows well all( or at least most - guess you can't know them all but I try ) of the other players, there strength's, weaknesses and history for that matter and feel I have a good sense on where the industry is heading and how it will transform with and without the various companies playing in that space. I still think Sun has a lot offer as a product and a company, that can co-exist and complete successfully in a huge and growing market space. That's my perspective anyway and here's hoping!
I do hope we hear something soon at least in terms of direction but I do at this time remain optimistic.
I would kind draw a parallel on my feelings( and others maybe would do so as well )about the company from and investment point view to maybe to how people feel about their Sports teams and that sense of loyalty to them. You just don't quit liking your team just cause there losing. Now if they lose all the time and on onging basis with no plan to bring them to a winning position. Then you really would have to question your loyalty and maybe look for a new team to cheer for just to get happy at some point but I don't think we there yet and hopefully we don't get there!
In the meantime! Go Sun!
I am basing this on number of things and facts including the the phones and phone system still appear to be operational and that calls and messages are still available. The Web Sites and all related Web Sites are still operational. It is my understanding there is still a company and stock is still changing hands with trades daily both buyers and sellers. As you have stated there have been no Press Releases! This is not necessarily a bad thing including one that might state the company no longer exists! No such release has been issued as far as I am aware.
I agree there appear to be some things going on and reasons for concern and I agree not everything may be obvious or necessarily rosy for that matter.
I am hoping like everyone else that things are are as good they can be and all who have invested have not lost that investment. I am hoping that if there are issues that the company is actively looking to correct them and move on in a safe, secure stable fashion and hopefully as quickly as possible.
Like I said after some digging, it is my understanding Bruce Scambler is currently in charge. All I did as others are free to do, was look to public information and with the available information and additionally followed the press releases.
At this point I hope people will be looking to ask( as I hope to when If and when I get the opportunity ) Bruce what the status is of things within the company and the direction. Unfortunately I do not have that information. What I was looking to do as an active investor was to be aware of who was in charge or who we should be referred to answer these questions. Hopefully the answer is both good and positive in looking after our investments. If other information is available please feel free to share it.
I was sharing what I have as well as what I am aware of and that's all.
At this point I seem to have made at least some progress and wanted to share that with other investors as well as look at the positive and hope for best. Like any investment and any company for that matter these are always at best a gamble.
Hopefully we are on the winning side of that gamble when things do get cleared up, but for the time being there does appear to be a company. All we can do is look for answers and hope for the best.
It sounds like the company is still quite operational under Bruce.
My understanding after doing a some digging is that
Bruce Scambler, Director of Development, CPA, Legal Counsel is currently in charge this point. He always had a big roll as legal council has shown under the PinkSheets Sun's Company information but it now sounds as if his roll has grown substantially and from what I can gather he is the man charge at this point.
I think things will turn the corner!