Selling short DIBZ operated by Keith Maydak (prison) and Paul Taylor (NCVT Telatinos guy)
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Last time you spoke of Mr. Market, the share price was about .0026 if I recall. Now it's hovering about double that. That's a 100% increase by Mr. Market and a huge ROI so far-- compare that to the Blue Chips!
Now I have done some "calculations" and comparisons that are important to note:
In the last 5 days, there's been an extensive release of information by our investigator-- he's published over 35 reports, 33 relating to ACDU and 2 about another company.
ACDU, on the other hand, made one release of information via a low-key 8-K form. That means there's 35 times more disclosures by the investigator when compared to the company!
Wow! What do those statistics say to you?
It is a bit perplexing that they haven't announced that, but we don't even know anyone is appointed to the post. We do know they appointed a Vice President as the SEC filings are signed by a new person.
Wow, that's old, Eikel.
December 2014.
Well where would be a more suitable route? Probably River San Juan would be more suitable, but the Costa Ricans will fight that every inch of the way instead of enjoying the economic benefits that would come with the canal.
So the only logical route would be via Bluefields, up the River Escondido then through Lake Managua.
The Canal will come with a highway, two airports, and a ground canal (train system). You can kill two birds with one stone by making it near a town that is developed but lacks something critical-- a highway connecting it to the rest of the country.
Nicaragua's main port is El Bluff, but unlike anywhere else in the world, all the shipments landing in El Bluff are then placed on smaller boats and transported to Rama or Managua through the river system increasing transportation costs.
So you're not going to build a canal without fixing that major lack of modern transportation. Routing via Bluefields enables them to utilize El Bluff, keep Bluefields viable, etc.
Finally, as ACDU pointed out in its PR, Bluefields already serves as a hub for the major fiber optic system that brings Central America its data transmission capability. Certainly, that's a consideration when creating a canal.
Starting the canal anywhere else except near Bluefields appears illogical and unreasonable.
The 8-K language speaks for itself. It makes it clear that the title will be to X Corp. and that once its registered in Nicaragua, title will pass. It states that ACDU will own 100% of X Corp.
I am not sure what conclusion you draw from that plain and unambiguous language.
You can cherry pick words to make it look bad, but the simple answer is, unless you're Roger Ebert making money from movie reviews, you simply don't go see a movie you're not interested in, and you don't waste months of your life talking about it.
The guys here who are excited have their motivation--they are in the stock and want it to go up-- we all understand that and govern their advice accordingly. That begs the big question for the crime enthusiast who, in several years of "reporting" on Pink Sheets "crimes," only found two worthy of talking about when there's so many other good, interesting "crimes."
I've talked bad about stocks I didn't like -- but each time it's either been a single post or two reporting what I learned, and when I go off on a tangent about a stock, I usually have a motive and that motive is usually that I lost money due to management's dilution/giving stock to their friends to sell.
So in this case, I'm more suspicious of our crime reporter than I am of the plain language of the 8-K.
Even if there is no canal, when the highway to Bluefields is completed, the land will be valuable.
Wang Jing already said he wants it to start at Bluefields. The town to the south, which was the other consideration, has no infrastructure and they'd have to import every type of worker including unskilled.
While the Government clarified that the canal route hasn't been approved when Wang made his statement, the reality is that approval is a mere formality, but one that takes time.
Rebecca S. Green | The Journal Gazette
Four months after state gaming agents raided a local internet café, the businesses owners and some employees are charged with running a professional gambling racket and money laundering.
In late December, Indiana Gaming Commission agents raided Lincoln Plaza Internet Sensations in New Haven and Wrigley Field Bar and Grill, removing a total of 51 machines after two undercover investigations.
On Friday, Allen County prosecutors charged Fort Wayne residents Edward G. Miers, 26, of the 2600 block of Kingston Place, and Matthew Rae, 28, of the 6300 block of Kiwanis Drive, with corrupt business influence, promoting professional gambling, professional gambling and money laundering. The two men operated Lincoln Plaza Internet Sensations, according to court documents.
The money laundering charge alleges they acquired, received, possessed or transferred the proceeds of the illegal professional gambling operation, according to court documents.
Prosecutors also charged Florida-resident Stephen W. Carnes, 48, with the same charges. Court documents identify Carnes as the managing member of Buckwheat Holdings, LLC and Lincoln Plaza Internet Sensations, which share the same address on file with the Indiana Secretary of State.
The two companies are also charged with promoting professional gambling and professional gambling. Charging the companies allows the state, if it receives a conviction, to collect a fine from them, said Allen County Chief Deputy Prosecutor Michael McAlexander.
A fourth man, 36-year-old Jared Hochstedler, of the 700 block of Misty Court, is charged with professional gambling and money laundering.
According to court documents, Lincoln Plaza Internet Sensations sold “internet air time” for $5 an hour. For each hour purchased, customers received five free sweepstakes credits, which could then be used to place bets on “Vegas style games” accessed from Lincoln Plaza Internet Sensations computers.
Winners received $1 a winning credit, according to court documents.
Gaming agents conducted undercover investigations at the internet café, as well as at Wrigley Field Bar and Grill – where similar machines were placed.
The machines were all owned, according to court documents, by Carnes, but were installed at Wrigley Field Bar and Grill and other bars by Hochstedler and Rae.
In September, the state’s Alcohol and Tobacco Commission issued a notice declaring “sweepstakes machines” to be “electronic gaming devices,” according to court documents.
Another memo was issued Dec. 19, saying “sweepstakes machines” popping up in bars, restaurants, convenience stores and other premises that sold alcohol were not allowed, even for businesses authorized to have pull-tab-type games. State officials said at the time of the raids that Internet sweepstakes machines can quickly become a problem and already have become prevalent in states such as Ohio, North Carolina and Florida.
But those who run such cafes say the machines are analogous to McDonald Restaurant’s “Monopoly” game, where customers buy food, get a ticket and have a chance to win.
“Simply put, the sweepstakes machines are our Monopoly game and the Internet or phone time is our cheeseburger. This makes it legal,” said court documents quoting a website selling sweepstakes machines.
Since the December raid, attorneys representing Buckwheat Holdings filed a lawsuit in Marion County Superior Court, seeking a determination against the Indiana Alcohol and Tobacco Commission that the machines are not electronic gaming devices.
According to court documents, a Marion Superior Court judge ruled against Buckwheat Holdings, saying that the customers are paying for gambling games whether they receive internet time with their purchase.
In January, Buckwheat Holdings’ attorneys filed a federal lawsuit in the U.S. District Court in Fort Wayne, asking a judge to find the gaming agents reliance on the state’s gaming laws are misguided, and to determine the seizure of the machines violated the company’s constitutional rights.
That case is still pending, with attorneys for the State of Indiana asking for a delay to allow the issues to be decided in a state court, according to federal court records.
In January 2011, Edward G. Miers’ father, Edward Miers, received a sentence of probation for his connection to an illegal charity gaming operation – the Parnell Poker Palace. Edward Miers was originally charged with a felony charge of professional gambling.
Edward R. Miers and Carnes have another business together – using the same 160 East Lake Brantley Drive, Longwood, Fla. address as Buckwheat Holdings and Lincoln Plaza Internet Sensations. That one, called “Kryptos” offers an application for Blackberry, iPhone and Android smart phones that purports to offer an encrypted voice services, according to the company’s website.
On his own website, in a picture posing in front of an FBI building, Carnes said he is president and CEO of Kryptos Communications.
rgreen@jg.net
Where is the 'ole chap?
If there's only a million shares in the float, and they don't plan on diluting it, then this is a score.
no its 2 mins from the airport.
They purchased the Bluefields land.
Yup looks like about 6 to 8 lots in the Monte Christi residential area, right by the airport.
Nice scary wall the rev. put up today. Maybe he's waiting for his donor check to go back on the bid.
did someone from the church group drop the 5mm bought .0028 at .0052 and want to repeat?
It was worse than a bidwhack, it was the order under the bid. So it looks like someone wanted out and saw it sitting there and made a decision to sell.
But it certainly recovered nicely and some group/person paid like $25K for shares.
Who that is, we don't know, but they definitely have a motive and I doubt their plan is to make $2500 by flipping it.
criminal=beyond a reasonable doubt standard, penal penalties
civil=preponderance of evidence standard, money penalties
other than that, they are similar
Volume before price!
Happy Holidays to you and the other ACDU shareholders!
now you like ACDU?
I take it you loaded up! Nothing wrong with that. With a float of about 380,000,000 and no dilution in over 12 years, the share price is in the shareholders hands.
u mean the three orders of 10k each for a total of $70?
technically the vice presidents, no? they automatically become the acting president on resignation of the pres. doesnt seem odd really.
Building a Canal to Power
By Eric Hannis
October 22, 2013 RSS Feed Print Comment (3)
Chinese businessman Wang Jing plans to finance a $40 billion canal through Nicaragua.
While America's national security leaders have been absorbed by the Middle East and the putative "pivot" to Asia, little attention has been paid to China's newest and arguably boldest challenge to America's preeminence: a Chinese canal in the Western Hemisphere.
Policymakers in Washington appear to have shown little concern over the revelation that a Chinese billionaire, Wang Jing, plans to build a $40 billion canal in Nicaragua to rival the Panama Canal. Yet it should be readily apparent to our leaders that Wang is more than likely a proxy for Chinese government interests. Press accounts indicate that his office displays a mural of Chairman Mao, as well as models of various Chinese military weapons. In addition, Wang's canal consortium is backed by China Railway Construction Corporation, a huge Chinese government-owned enterprise. Wang, however, asserts that he has no Chinese government connections.
Wang's Nicaraguan canal is still in the planning stages and there is much that could go wrong with the project, even before it starts. So there is a real possibility that this venture, like the first attempt by the French to build a Panama Canal, could be abandoned. For now, however, the plan is to begin construction in late 2014 and complete the canal in five years. This is such a massive undertaking, with an expected price tag of more than $40 billion, that the stated costs and timeline are certainly just approximations at best. But while this canal is far from a done deal, the U.S. must not take this bold venture lightly.
[See a collection of political cartoons on the economy.]
The lack of concern in Washington over this potentially huge geopolitical shift is partly due to the fact that we do not have a clearly defined Latin American policy. While the 1823 Monroe Doctrine, along with its Roosevelt Corollary, was the policy of the U.S. for much of the 19th and 20th centuries, it no longer is – and nothing coherent has taken its place. This lack of a comprehensive policy regarding Latin America, and our focus on other geographic regions (such as the Middle East and Asia), has created an opportunity for a soft power play that could allow China to gain a strategic foothold in the Western Hemisphere.
Some would argue that having an additional canal in Central America is good for international commerce. But the economics do not point to any reasonable justification to build a canal through Nicaragua; even if the new canal could equal the Panama Canal in revenue from day one, it would take at least 40 years for it to even break even. So why would the Chinese want to build a canal that does not make economic sense?
Beijing's true motivation may lie more in geopolitical purposes than in trade. The Chinese are not just building this canal. The Sandinista government of Daniel Ortega in Managua has given Wang a 50 to 100-year lease to control and operate the canal. With this long term lease, China intends to steadily increase trade and investment in Central America in order to obtain access to markets and to garner new political allies along the way. But there's more to it than that.
[See a collection of political cartoons on Chinese hacking.]
To understand why China covets this canal, it is important to remember why the U.S. wanted its own in Central America in the first place. U.S. policymakers in the early 20th century knew how a canal through Central America could both enrich and empower the country. The Roosevelt administration understood full well that the Panama Canal was not just for business and trading purposes; it would give the U.S. influence in the region, enshrining American control over a key commercial route and maritime asset. "Strategic primacy," as described in 1905 by Roosevelt's secretary of state, Elihu Root, would require the U.S. to engage in military policing activities in the region surrounding the Panama Canal.
This same need for "strategic primacy" through policing activities will inevitably result from any new Chinese canal in Nicaragua. Beijing's increased presence, in turn, would drastically hamper the ability of the U.S. to hunt for contraband or to keep enemy naval assets from entering the Latin American region. It also could create the ability for the Chinese Navy to move warships into the Caribbean and the Atlantic, at will. It is also not beyond the realm of possibility that a Chinese-controlled canal, located in an openly-hostile nation like Nicaragua, could be used to facilitate staging for hostile naval or military forces.
The completion of the Panama Canal was universally regarded as one of the supreme human achievements of all time, and it helped propel the U.S. to the status of a major global power. The completion of the Panama Canal also marked the beginning of what we now know the American Century. As the U.S. military pivots to Asia, we must also ensure that our own hemisphere is free from potential hostile threats. A Chinese-controlled canal in Nicaragua is nothing less than China's own bold pivot, but to the West. It also represents a challenge to American primacy — one that could bring about the Chinese century far sooner than any of us may think.
Eric Hannis is Senior Fellow in Defense Studies at the American Foreign Policy Council in Washington, D.C.
Perhaps they are loading up.
Wang plans on doing an IPO in Hong Kong. It's going to be a public company.
Nicaragua doesn't really need another telecommunications company. I believe the planned sat/phone investment was meant as China's dangling carrot for Nicaragua. The reality is they have two Mobile phone carriers that are throughout the country, a 4G network in the major cities built by Russian Yota, a fiber hub on the coast, digital landline penetration throughout the country via Claro, two satellite TV services (SkyTV and Claro, competing), coax cable in the major cities, DSL in most areas, etc.
Now Wang comes to Nicaragua exploring these matters and he hears about something more grand, a grand canal-- a project that would make money, give China a ton of influence in the area, and provide great trade leverage. Indeed, China could aid exports by providing its companies with credit to cross the canal allowing a portion of shipping costs to be paid for after the fact. This enables companies to export, receive payment on arrival, then pay the canal costs. That can't be done with Panama Canal, it's pay the $15,000 to get your boat through.
However, even if there was no canal, land in Bluefields will go up in value once the highway is completed. The highway is being constructed NOW.
I am sure whomever paid for the promo had a bunch of shares. However, it was a full year of promo, so it was clear they held him back or he is just a really lame promoter.
There's not a person anywhere, except maybe you, who wants the stock to go to the moon to make a profit on their investment. That's the name of the game, buy low, sell high.
and during the year, the only promo was a couple mentions of the ticker and links to prs. a good example is the day of the purchase of land in bluefields, zero volume.
The hotel seems to be by the Managua International Airport and doesn't need the canal.
In order to get SEC Edgar codes, as My Pleasure and ACDU have, you must submit a notarized application form.
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Before you can electronically file with the SEC on EDGAR, you must become an EDGAR filer with authorized access codes. This website will allow you to create a Form ID and submit it for authorization to the SEC. Upon acceptance, you will receive a unique CIK via e-mail. You will then return to this site and use your CIK and a passphrase to create your EDGAR access codes. Once you have your access codes, you may use EDGAR to begin electronically filing.
You rely too much on these data mining sites.
If we were to believe your site, Joanna C. got a new job with Google Inc.
http://www.zoominfo.com/s/#!search/profile/person?personId=1871400172&targetid=profile
PR reconfirms the float.
It is interesting though. I don't remember reading this stuff back in the day.
Accredited Transcription Corp.
Accredited Transcription Corp. is a Pennsylvania corporation formed in 2011 to assist enterprises needing to turn voice communications into data.
In March 2012, ATC acquired a 66.6% interest in United States Patent 6,298,328. In October 2012, ATC announced it acquired the remaining 33.4% of the patent.
The patent covers an invention that changed the course of transcription services for the modern era. Specifically, rather than transcribing voice live, ATC's patent uses telecommunications equipment so professionals could transmit their voice to a central data center while the transcription service returned it in text format.
Since the invention in 1999, the technological idea is believed to have been copied by various companies including Samsung, through its S-Voice platform, Apple's Iris system for its iPhone and iPads, along with software provided for mobile phones from companies such as VLink, Inc. Other companies may have also infringed on the technology by using similar systems and programs to provide voicemail to text services which are being used by Vonage and other telecommunications providers. Even certain McDonalds restaurants have implemented the technology for their drive in windows.
Teaming together with Pennsylvania Patent Prosecution Corporation and management consultants from Accredited Business Consolidators Corp., ATC will vigorously pursue the royalties that it believes are owed to it. ATC is in the process of notifying infringers of its patent and the royalties they may owe. Enterprises using the technology without agreeing to pay royalties may be subject to litigation and a request for an injunction.
ATC is owed by a consortium of enterprises including Dave's Holding Company, Pennsylvania Patent Prosecution Corp., Accredited Business Consolidators Corp., Uno Dos Tres, Inc., and others.
Ok, so if he comes back, does it mean he's pumping more? If he's awol, does that mean he's missing because it's a scam? Either way, it doesn't meet your "specifications."
Maybe there's a link between acdu and jbii?
You label things as speculation, but you brazenly call the company a scam. You claim they are pumping, then when they are quiet, you claim they are hiding. No matter what they do, it's going to be bad.
So your evidence is a post by another poster who simply alleges that a shared, popular last name determines a link? The name is a popular Eastern European last name.
505 is the country code for Nicaragua, Reverend.