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HDSN in early and on the bid side this morning.
More News...
DELAND, FL--(Marketwire - 05/19/10) - Turbine Truck Engines, Inc. ("TTE") (OTC.BB:TTEG - News) - On May 10, 2010, TTE and Hua Tec Enterprise Co., Ltd. ("Hua Tec") signed a Share Purchase Agreement detailing the terms and conditions whereby TTE is set to acquire 80% of the issued shares of Hua Tec, a Samoan Corporation. Hua Tec is the owner of all of the issued Capital Stock of Guangdong Kingtec Electrical Co., Ltd., (Kingtec), which Hua Tec represents is its sole subsidiary.
After the closing, TTE would assume control of all of the resources of Kingtec and intends to use those resources to help facilitate the development of TTE's patented Detonation Cycle Gas Turbine (DCGT) engine. TTE would also acquire control over Kingtec's business specialty (starter motors and alternators), with its management, engineering, and manufacturing capabilities, and gain access to the company's established vertical channels. Kingtec views the acquisition as an opportunity for it to broaden its interests and, as TTE introduces the DCGT to continents and countries around the world, to expand distribution of Kingtec's core product lines. The principals and the executive staff of both companies unanimously agree that the acquisition enhances the goals of each corporation while providing the tools necessary to the achievement of those goals.
Turbine Truck Engines' President and CEO, Michael Rouse, commented, "By the end of the second quarter, 2009, we determined that growing TTE through mergers and acquisitions would play a pivotal role in our corporate strategy and we retained Greenberg Traurig LLP to assist us in the process. Kingtec will be our first acquisition, and it is a perfect fit for our company. It is an industry leader with a strong management team, state-of-the-art facilities, and established marketing channels that complement our ambitions. This acquisition should accelerate the process of advancing the DCGT through the design and manufacturing process. Our team is also determined to promote Kingtec as a global leader in their core business. I invite readers to visit Kingtec's website (see below) to get a better understanding of the assets and expertise we will be acquiring."
About Guangdong Kingtec Electrical Co., Ltd.
http://www.kingtecgroup.com/wuhua/enwuhua.asp
If it isn't I am going to totally freak out, sell everything and then bash this company all to hell.
I must have missed that day...
Relatively strong close. We had over 2 million shares traded in the last hour, the bid/ask tightened and moved up.
I feel better than yesterday's close for damn sure.
1 @ .0067 x 1 @ .0068
It has tightened up again and moved up. Good signs going into tomorrow if this holds.
Someone just bought a good chunk, 520k shares for .0068. I think we could have a reversal of fortune and people may be getting back in or am I smoking to much of the sticky green algae?
We have had about a million shares traded so far in the 'power hour'.
MERQ jumped ETMM on the bid to .0065. Spread is tight.
I would hope that MERQ and HDSN showing up on the bid side sends a signal to those sitting on the fence waiting to get in that NOW may be the time to get in.
I am not a big fan of Walmart either for a thousand reasons, but as far as GDHI would be concerned we need to understand that Walmart will end up dictating terms, and usually bad terms, to the companies that stock their shelves.
Also, let us not forget that Vanguard is the biggest player in China, not Walmart, but Vanguard. We already have our in with Vanguard.
Today sucks, the last few weeks have sucked, but we will get ours. Patience.
Great video. Very full of algae info.
I think space aliens are going to destroy Biocentric headquarters and we will have a "sea of green turned red" from the bloody carnage that will ensue from UFO's shooting gamma ray lasers at our PBRs.
Yep, I too can make outlandish asinine claims with nothing to back it up.
This game is fun...
I like the fact (sarcasm) that a 2 million share sale went through at 17, and then was immediately followed by a trade of 8,620 at 16 to kill upward momo.
A big buy of 2million shares just went through, so it may be picking up.
The 17s just dropped again so maybe you will get the ask at 18 again.
Damn bid sitters not helping the start.
When this giant does fully wake it is going to be a fun ride.
GDHI looking strong. I think yesterday was the the start of some volume and price rise. Today we could see even more VOLUME and settle up several ticks again. Get in while the getting is good.
Good volume on GDHI yesterday and I think we could see even more volume today. Could be a breakout day for the dragon.
Very possible we see a break out. We came close to .oo2 yesterday, if, or when we hit it today, it could be off to the races.
If we start out strong we could see the .oo2s early in the day. Right now we have NITE at .oo18 and PERT at .oo19. Pretty thin, but we also have HDSN and NITE sitting at .oo16 ready to bid whack.
This stock has developed a lot of bid sitters and whacker over the bast few months. We need some VOLUME to push it through to .oo2. Today was a good start. Tuesday I would like to see volume of 100,000,000 million plus.
I do find it absolutely ridiculous that Dr. Goodall's words carry less weight than anonymous posters with nothing more than a screename.
Just a little bit more and we can push through the .0019s. I would love to see a close at .002 or above today.
It is so good to see higher volume and a move up.
I think the west coast, California, is waking up and getting into the game. Most of the 19s went quick, just a little left then on to .002
.0019s getting hit hard right now.
The .oo18s fall again, on to the .oo19s I hope, but this seems to be when the bidsitters just take a whack at it.
Not that I know of, and not that anyone here should no of. That would be some insider stuff there. I can say that they seem to issues a PR about once every 7 or so business days.
If you go look through the PR dates you can see a loose pattern of releases. What is even more impressive about rereading the past PRs is that you can clearly see GDHI following through with what the release. This is not your typical pinkie stock. Very open, transparent, and they follow though.
We had our monthly PR today about the 100,000,000 share retirement this morning.
Down to .oo17 and even for now with a 5000 share trade. Still lots of bid sitters. The L2 right now has 7 @.oo17 x 4 @ .0018 .
Press Release Source: China Food Services, Corp. On Monday May 17, 2010, 9:38 am
BEIJING and MIAMI, May 17 /PRNewswire-FirstCall/ -- China Food Services, Corp formally known as Golden Dragon Holdings, Inc. (Other OTC:GDHI.pk - News) http://www.gdfbhk.com an international food and beverage distributor specializing in the distribution of US food & beverage brands to the Chinese market, today announced that pursuant to its yearend 2009 Board of Directors meeting, held on January 9th, 2010 whereas the Board voted by unanimous decision to retire 1,000,000,000 shares of common stock in a 6 month period, today it has issued a board resolution to its Transfer Agent, Guardian Registrar & Transfer, Inc. To immediately retire 100,000,000 Share of Common Stock, this will total to date 800,000,000 Share of Common Stock that has been retired.
About China Food Services, Corp.
China Food Services, Corp. owns and operates Golden Dragon Food & Beverage Import & Export Company of Hong Kong, Ltd. (GDHK) in central Hong Kong and Beijing Flying Golden Dragon International Trading Co., Ltd in China (BFGD). China Food Services, Corp. has agreements with U.S. food manufacturers. GDHI acts as a buying agent for GDHK, negotiating vendor contracts and services with U.S. food and beverage industry partners. The Hong Kong Company plays a strategic role in the importation of products into the Chinese market by leveraging the Closer Economic Partnership Arrangement (CEPA) with China. Through this arrangement, Beijing Flying Golden Dragon International Trading Co., Ltd distributes some of the most popular U.S. food and beverage brand products directly into the hypermarkets, supermarkets and convenience stores in China. The Company is responsible for order fulfillment for its clients in China, as well as providing advertising and promotion (A&P) services for its U.S. food and beverage products.
...and the .oo18s fall, a huge wall of .oo19s to go through now.
We have had a lot of bid sitting over the past month, would love to see some ask slapping.
No HDSN yet, and he was only around for a second Friday. That begs the question "is he out of shares?"