None of my comments or posts should be considered a directive to buy or sell a stock. Everyone needs to decide that for themselves.
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Registrant appointed Michael Edwards as a member of the board of directors. The board of directors now consists of Steven Bonenberger, Lew Graham and Michael Edwards. -SEC Form 8k
Friday, August 27, 2010
Angel Acquisition Corp. Announces Management Changes
On August 24, 2010, Angel Acquisition Corp. accepted the resignations of Peter Burns as a member of the board of directors and Steven Bonenberger as president. Mr. Bonenberger will continue to serve as chief executive officer, chief financial officer and chairman of the board of directors. Effective on the same date the registrant appointed Lew Graham as president, chief operating officer and a member of the board of directors. In addition, the Registrant appointed Michael Edwards as a member of the board of directors. The board of directors now consists of Steven Bonenberger, Lew Graham and Michael Edwards. -SEC Form 8k
well great monday ran over sons bike backing up..delated all dd above etc etc
just got power back and internet lot going on trying to get caught up here
if they had anything solid we would not be at. 0001.
my crystal ball says .........nothing
Who spent there lunch money
agreed....look at the big picture not just 1 frame....
if john p and prud....where not involved id maybe agree,plus the fact gate impact stated in a pr that they are moving forward with us.i add all that up i get winner....jmo
“Clearly this indicates congressional support for updating the rules and regulations to be consistent with the developing market and current technologies,” says Vince Molinari, CEO of Gate Technologies. “The positions of regulators and Capitol Hill will foster additional expansion of capital while maintaining oversight and investor protection
Read more: http://www.businessinsider.com/proposed-legislation-in-support-of-the-private-company-marketplace-pcm-2011-6#ixzz1PXcmYbcA
very nice post....almost as if you where a pitchman for agel....lol
#6 lets rock it to #1
Secondary markets have grown increasingly popular as funding sources, in part because requirements imposed by the 2002 Sarbanes-Oxley Act and last year’s Dodd-Frank Act have made accessing public markets more expensive. The trend has spawned new exchanges for unregistered shares, including New York-based SecondMarket Inc., San Bruno, California-based SharesPost Inc., San Mateo, California-based Xpert Financial Inc. and New York- based Gate Technologies LLC.
Trading on those exchanges is reserved for so-called accredited investors -- people with at least $1 million in assets or $200,000 in annual income -- and a basic premise of securities laws is that they are sophisticated enough to fend for themselves without regulators’ protection.
june 15th news Bill Would Boost Shareholder Limit for Closely Held Firms
Companies could have up to 1,000 shareholders before having to file financials.
By Phil Mattingly, Bloomberg | June 15, 2011
Eight U.S. lawmakers backed a bill that would allow closely held firms including Facebook Inc. and Twitter Inc. to have as many as 1,000 shareholders before being required to file public financial statements.
The legislation, introduced by Representative David Schweikert of Arizona, would also exclude employees and accredited investors from the rules, which currently set the ceiling at 500 investors.
“The underlying premise is that there is lots of capital sitting on the sidelines and for some reason it’s not flowing into the market,” Schweikert, a Republican on the Financial Services Committee, said in a telephone interview. “The current rules just seem to be out of date.”
The legislation is the latest attempt by lawmakers to revise the regulations that governed closely held firms since 1964. Representative Darrell Issa, a California Republican and chairman of the Oversight and Government Reform Committee, has called on Securities and Exchange Commission Chairman Mary Schapiro to loosen the rules.
Closely held companies with fewer than 500 shareholders aren’t required to disclose financial data, so investors often don’t know key figures such as revenue, profit, cash flow and debt obligations.
Schapiro, in responses to Issa in a letter and in testimony, said the SEC is in the midst of studying whether the growth of closely held companies is being hindered by limits on the numbers of shareholders they can have.
Goldman Plan
Regulators focused on markets for trading private shares after Goldman Sachs Group Inc. planned and then dropped a plan to offer as much as $1.5 billion in Facebook shares to U.S. investors.
Schweikert, whose seven co-sponsors include Representative Jim Himes, a Democrat also on the Financial Services Committee, said he would like to have a hearing on the issue this summer, with the possibility of attaching the bill to a package of measures moving through the panel.
“At worst, we telegraph to the regulators that there’s a congressional will to move in this direction,” Schweikert said.
Secondary markets have grown increasingly popular as funding sources, in part because requirements imposed by the 2002 Sarbanes-Oxley Act and last year’s Dodd-Frank Act have made accessing public markets more expensive. The trend has spawned new exchanges for unregistered shares, including New York-based SecondMarket Inc., San Bruno, California-based SharesPost Inc., San Mateo, California-based Xpert Financial Inc. and New York- based Gate Technologies LLC.
Trading on those exchanges is reserved for so-called accredited investors -- people with at least $1 million in assets or $200,000 in annual income -- and a basic premise of securities laws is that they are sophisticated enough to fend for themselves without regulators’ protection.
Angel Acquisition Corp (PINKSHEETS: AGEL) announced today that Gate Global Impact, LLC (www.gateimpact.com) has increased their involvement and participation in Angels In Action (www.angelsinaction.tv). The Company is working on strategic improvements of the AIA platform and a roll-out plan.
enough said
lets see if we can just to draw attention hit 1 lol
breakout up
11 Angel Acquisition Corp (AGEL)
the gate platform is live only with prudential ...went live in may...the bugs will be gone in net 30 days i guess..i look for big news by the end of june to mid july....jmo....
heck i wrote off 5k it hits or misses i am good... but no more money will i invest this year...this has been the worst year ive had in losses.
looks like about 13k will get us a bid
better yet maybe we get news on plans
it does once you turn up the heat
thats what i wanted to know as well still looking
to many big players invested...i would not feel bad at this point...lol
i know that part im talking about the trading platform...which i don't see it as the same....prudential im sure checked it all it lol...and pappajohn but it still leaves a little doubt...just saying...i don't think its relevant to now.but still
just asking whats up with that....
explain?
its just dd i dug up and hoping this is not the same..im in it like you..but want to see all news and info good and bad...hoping others here can shed some light on this...
now im not negative but this is facts
similar to ZLUS.PK. Look who Lori and Vince are directly tied to.
VINCENT MOLINARI AND LORI LIVINGSTON WOW!!!
----------------------------------------------------- ---------------------------
Yeah, two people with direct ties to Milton 'Todd' Ault. This sounds exactly like the Ault/Rainbolt/ZLUS deal. Look at the info below on these two.
LORI LIVINGSTON
http://www.faqs.org/sec-filings/100820/Z...
NAME AND ADDRESS OF BENEFICIAL AMOUND AND OWNERS OF COMMON STOCK TITLE OF CLASS
NATURE OF BENEFICIAL OWNERSHIP % OF COMMON STOCK ------------------------------ --
------------ ------------------------------ ------------------
Milton C. Ault, III Common Stock 184,530,333[2] 22.72%[3]
Michael Edwards Common stock 635,000 *[4]
DIRECTORS AND OFFICERS - TOTAL COMMON STOCK 185,573,706 23.03%
5% SHAREHOLDERS
Enable Growth Partners, LLC 41,386,011 6.55%
The Glazer Family Partnership, LP 126,464,150 20.04%
Lori Livingston 52,754,466 8.36%
From the failed Alternative Trading System article
http://findarticles.com/p/articles/mi_m0...
Zealous' President and CEO Milton "Todd" Ault, III commented, "The development of the new platform was a collaboration of many of our clients and we greatly appreciate their efforts. I also acknowledge the tireless efforts that EAI
Technologies, our technology provider, has put forth for this launch as well as our version 1.0 tech team, Transfer Online with special thanks to Velan Thillairajah of EAI and Lori Livingston of Transfer Online." Mr. Ault concluded, "Over the next few months we are excited to be adding new products and trading functionality to meet the needs and demand we are experiencing from our members."
VINCENT MOLINARI
From an article about the fake sale of the alternative trading system.
http://www.finextra.com/news/fullstory.a...
Vince Molinari, CEO, Global Access Holdings, says: "After working for the last year with Zealous Capital Markets, it became very clear that this market needed a combined platform, where research, analytics and trading were all merged seamlessly. Our vision for Gate is to provide the gateway to illiquid securities transactions globally."
not really its about the same as 1 ounce of water or 2 when your dieing of thirst..
wow this has been taken peoples money for a long time,,,glad to see it is finally at the end.....thks asegal for your great d.d
next pr will move this imo....just like the world series..people have no clue whos in it but they already started buying with hopes of there team gets in it.the hopes here...now we just need a better clue of whos gonna be in it..and what role we have.just being on the field is not gonna help..we need a batting order
its not the stock its your broker.imo it has alot going for it,but that is jmo....but if you have alot like 5k worh move it to scott low fees
is it me or does it seem like there are more 1s up for sale?
flash back CARSON CITY, NV -- (Marketwire) -- 06/28/10 -- Angel Acquisition Corp (OTCBB: AGEL) announces that it has successfully retired Nine Billion (9B) authorized shares (A/S). This is a substantial reduction of the A/S by 36%. Angel Acquisition Corp is researching the retirement of additional shares as well as the potential activation of a share re-purchase program.
"Angel Acquisition Corp is committed to increasing shareholder and investor value," declared Steven Bonenberger, CEO of Angel Acquisition Corp. "Our Board of Directors approved this action and on June 25, 2010 disclosed this reduction via a Form 8-K. Our focus is to bring our undervalued stock into alignment with the goals of our company and of our shareholders."
Angel Acquisition Corp continues to seek a long-term financial partner. The company will not add any additional shares for a period of at least one-hundred and twenty days. The company is currently involved in ongoing discussions with several key financial groups. The target is to secure alternative means of funding for future business initiatives, costs, and operations.
hope we get this gift again soon
Going private makes zero sense. Why then even aquire 60%....public is why they wanted aia...sorry but I'm not buying.
With no r/s it will be a slow churning.it will seem like it will never end.