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"Ron Paul is the only candidate that truly understands economics"
Nonsense!
He may be the only guy who is not bought and paid for by the special interest groups, but I suspect the others understand that they can't get elected if they don't play by the rules.
Bloomberg has the cash to interject himself into the mix and shake things up, Ron Paul has no real chance. If he were by some freak of things to get the nomination, I would consider him.
OT
"$10,000 Invested in the S&P 500 Index in 1934 would have been worth over $21,000,000 before fees at the end of 2006"
Always a tantalizing statistic, however I counter that with - You are most likely dead by now or not much in the mood to spend the cash. Die Broke!
Paid promotion is a normal course in the brokerage business. They had a full page ad in Barron's last month. Some of the posters you are taking to on this board are bought and paid for by owners of 144 stock. It is appearing to be somewhat of a pump and dump, however I think it is backed up by a real company with real earnings. After the CXTI blowup I can't imagine that the current IR firm would be going along with another fraud.
OT: Mac, runs fine. I also use Parallels.com on the mac mini which allows me to run Windows on it. My Schwab Streetsmartpro only works on Windows so I need it for that. Otherwise I can use the Mac for everything other than that. Parllels allows you to run windows natively as opposed to the old method of emulation which was very slow and buggy.
On the mac you can use Safari, Firefox, Opera and several other lesser known browsers. You can run IE on the windows window as well.
Employee stock option plans generally have the following provision as seen in the S-8 of ZYNX
"Options may only be granted to officers, directors, independent contractors, consultants, employees and prospective employees of the Company and its subsidiary as selected by the Board of Directors (each, a "Participant")."
Kerry backs Obama. Not sure I would want his endorsement!
Patience has finally started to pay off on GFRE. Still undervalued based on guidance and NASDAQ in 08.
Financing based on sales & receivables is great if you have sales & receivables worthy of talking about. Also not sure that it qualifies for such a PR if all you are doing is hiring a factoring company.
I have to assume there is more to it, otherwise it was a waste of the cost of a PR.
This should be interesting, not sure what they could be doing here.
Blue Sky Capital Strategies Named Exclusive Financial Advisor
Wednesday January 9, 9:30 am ET
CLIFTON, N.J., Jan. 9 /PRNewswire-FirstCall/ -- Electronic Control Security, Inc. (OTC Bulletin Board: EKCS.OB - News), a global leader in perimeter security systems, today announced the appointment of Blue Sky Capital Strategies, LLC as exclusive financial advisor to the Company to develop and implement a long term non-equity based financing plan to enhance liquidity and support the Company's growth initiatives. Arthur Barchenko, President and CEO, stated that, "Blue Sky's professional experience in the financial community will help strengthen our short and long-term liquidity needs in dealing with the Company's projected growth."
"We are pleased to have the opportunity to partner with the industry leader in hi-tech security solutions," states James F. Burns, CEO of Blue Sky Capital Strategies LLC. "Their reputation for quality and innovation in conjunction with the projected growth in demand for hi-tech security systems creates a compelling story for ECSI."
ABOUT BLUE SKY CAPITAL STRATEGIES, LLC Blue Sky Capital Strategies, LLC is a capital structure and funding specialist providing advice for companies seeking to raise capital, monetize assets and cash flows, improve working capital and/or enhance financial flexibility. Blue Sky's headquarters is located at Trump Place, 180 Riverside Boulevard, Suite 38D, New York, NY 10069 with additional offices in Michigan and Washington, DC. For more information about Blue Sky, please call (917) 575-5098 or visit http://bluskycapital.com."
ABOUT ECSI ECSI is recognized as a global leader in perimeter security and an effective quality provider for both the Department of Defense and Homeland Security programs. The Company designs, manufactures and markets physical electronic security systems for high profile, high threat environments. The employment of risk assessment and analysis allows ECSI to determine and address the security needs of government and commercial- industrial installations. The Company has teaming agreements with major system integrators in both the United States and overseas to support the installation and aftermarket. ECSI is located at 790 Bloomfield Avenue, Bldg. C-1, Clifton, NJ 07012. Tel: 973-574-8555; Fax: 973-574-8562. For more information on ECSI and its customers, please visit http://www.anti-terrorism.com.
ECSI INTERNATIONAL, INC. SAFE HARBOR STATEMENT: This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to changes in economic conditions generally and in our industry specifically, changes in security technology, legislative or regulatory changes that affect us, the availability of working capital, changes in costs and the availability of goods and services, the introduction of competing products, changes in our operating strategy or development plans, our ability to attract and retain qualified personnel, changes in our acquisition and capital expenditure plans, and the risks and uncertainties discussed under the heading "RISK FACTORS" in Item 1 of our Annual Report on Form 10-KSB for the fiscal year ended June 30, 2007 and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.
Source: Electronic Control Security, Inc.
OT - Level II : It is part of the traders/investors toolkit. To be without it is silly. It would be like building a house with a hammer while all your competitors are using nail guns.
Knowing which nails to use is the trick!
"Both were for a year, but a single stock is more about luck and reinforces not being diversified."
Luck? I resent that remark! Nothing lucky about my second place 2007 DD finish, nor do I think the UTVG winners would agree that they were lucky. I fully intended to win the contest and was pretty happy with 2nd place.
The diversification part is something I can certainly agree with, picking 10 stocks for a year is going to be a major stretch for me as well as most I would think. Time to put on the thinking cap.
Gilead, I guess you are going to be angry for 4 years. Ron Paul has zero chance.
A Huckabee Obama match would most likely turn into a Huckabee/Obama/Bloomberg match. That would be a real political kick and would help establish a true third party option. Who do you think Wall Street would be supporting?
Any of the real candidates from either party is a vast improvement from the current lawless cabal running the show now.
13D, my guess is that someone in the attorney's office made a mistake when filing the form for MSGI and filed it for EKCS as well. I see no mention of EKCS in the document and I think they are completely done with that deal.
Len, CBEH - They have somewhere between 25 & 30 million 0/S .
Jade: Short covering perhaps??
Len,
CBEH.ob is a recent reverse merger deal, following is from a recent 8K outlining 9/30/07 results:
Net income increased $3,140,586, or 329%, from $955,012 in the three months ended September 30, 2006 to $4,095,598 in the three months ended September 20, 2007, and increased $2,862,223, or 79%, from $3,618,694 in nine months ended September 30, 2006 to $6,480,917 in nine months ended September 30, 2007. The increase of net income is attributable to the increase of sales revenues and decrease of general and administrative expenses.
http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=5333569&doc=1&total=&back=2&g=&attach=on
Option trading: What is your credit like? They are most likely running your SS# through the credit bureau screening and something might be turning them off.
btw - I have refrained from setting up my accounts to be margin or option accounts. I don't want the temptation, too many memories of trading fast moving tips that turned into wipe outs.
Yes I am still here. Started to buy pre split $1.90 ($.85) and can't see selling until NASDAQ listing in 2008. I assume they will continue on the acquistion strategy of buying up the non licensed producers. Bromine is still in short supply so pricing pressure does not appear to be a problem for them.
Mr Thomas, formerly of Securacom : Could he be the guy who will eventually take the helm of EKCS? Interesting background, tie in to the Bush family , etc.
Please Mr.T take the damn thing over. New blood needed.
30 day wash sale is part of the code. Would hate to be knowingly giving out such advice.
Pre arrangement of a buy back of stock negates taking the loss. It is out and out FRAUD. Odds of getting caught are tiny, rooming with Michael Vick is not appealing unless you are a dog hating Football fan.
KIK
OT: Trading shares - My use of trading shares would be those held in a non taxable account versus those in a long term situation in a fully taxed account. I might be holding the taxable shares for capital gain treatment while taking the short term profits in the trading shares expecting a pull back for re entry.
It also allows you the opportunity to mentally justify getting out early when hindsight shows you should have held.
OT: Milk alternatives - "Are there companies which offer alternatives for milk usage that still yield the same health benefits?"
Notmilk.com an alternative view to "health benefits"
Gilead: re strange experience.
1. Congrats on winning PSL7
2. I notice that Schwab has switched to using the same vendor/provider of symbols as Yahoo, I assume that Ameriturd has done likewise and therefore as soon as they apply for a symbol addition, all others on that system get an immediate update.
FIBonacci: How are we to trust something that starts out with a FIB (lie)?
In addition the guy went under so many aliases that it becomes hard to believe that he was not some kind of mathematical shaman or at the very least a mobbed up hit man. The name thing alone is more confusing than the number theory. Anyway I sent my 11 year old to a course on Fibonacci this summer and let him explain it to me.
Leonardo of Pisa is now known as Fibonacci [pronounced fib-on-arch-ee] short for filius Bonacci.
There are a couple of explanations for the meaning of Fibonacci:
Fibonacci is a shortening of the Latin "filius Bonacci", used in the title of his book Libar Abaci (of which mmore later), which means "the son of Bonaccio". His father's name was Guglielmo Bonaccio. Fi'-Bonacci is like the English names of Robin-son and John-son. But (in Italian) Bonacci is also the plural of Bonaccio; therefore, two early writers on Fibonacci (Boncompagni and Milanesi) regard Bonacci as his family name (as in "the Smiths" for the family of John Smith).
Fibonacci himself wrote both "Bonacci" and "Bonaccii" as well as "Bonacij"; the uncertainty in the spelling is partly to be ascribed to this mixture of spoken Italian and written Latin, common at that time. However he did not use the word "Fibonacci". This seems to have been a nickname probably originating in the works of Guillaume Libri in 1838, accordigng to L E Sigler's in his Introduction to Leonardo Pisano's Book of Squares (see Fibonacci's Mathematical Books below).
Others think Bonacci may be a kind of nick-name meaning "lucky son" (literally, "son of good fortune").
Other names
He is perhaps more correctly called Leonardo of Pisa or, using a latinisation of his name, Leonardo Pisano. Occasionally he also wrote Leonardo Bigollo since, in Tuscany, bigollo means a traveller.
We shall just call him Fibonacci as do most modern authors, but if you are looking him up in older books, be prepared to see any of the above variations of his name./i]
KIK: The plan claims to be free of government funds. If the owners of the mortgage paper are willing to accept a freeze on the rates, it would seem to be a helpful assist to sub prime borrowers and the housing market. Why not take a lower ROI instead of below market foreclosures.
I might be the only good thing this current admin has done to date.
UTVG: jasonak, was planning to buy some on this correction. However a restatement of revenues based upon an obvious revenue inflating accounting trick is always a red flag for me. It may turn out to be nothing, but I passed on it for now.
At least they did not chop his head off as of yet!
"The company also announced that as of today, the current CFO, Xin Zhang will be re-assigned to another position in the general staff of the finance department."
FWIW: Brinker December newsletter is still bullish for 2008 market highs.
Roth Conference highlight video on CNBC
http://video.msn.com/video.aspx?mkt=en-us
search for Gordon McBean Erin Burnett
or http://www.cnbc.com/id/15840232?video=601818666 (this did not work for me)
CFSG is the last company discussed on the video.
Not sure if this be the place, but GUFR board needs a symbol change to GFRE
thanks
dtt
GUFR is now GFRE
underwent 2 for 1 split
Tax selling? The usual end of year swoon.
Other than that I have no idea.
bennta01: Access to capital & financial acumen that is not available in China would be the main reason. Those 50 p/e's will not last forever.
GVSS - Of all the junk emails I get, GVSS tops the list.
FWIW
Wall: Good to see you paid the piper and are now able to post here. Unfortunately I don't have much to fight with you about. <g>
If you stand on your hands upside down it's 999 and no big deal. LOL
Sorry MSGI, already owned Florida land and would not want to ever do so again.
Manipulation is the stock market. It always has been and always will be. Stocks don't move just because they have some intrinsic value. Manipulation is good when you are on the right side of the trade, bad when you are against it.
FORM 3's being filed today. Bookkeeping clean up action prior to????
Make that 3
OT: This should have a big impact on our stocks!
________________________________________________
SECURITIES LAW UPDATE November 15, 2007
_________________________________________
SEC SHORTENS RULE 144 HOLDING PERIOD,
EXPANDS NUMBER OF COMPANIES USING ABBREVIATED DISCLOSURE
In one of the most dramatic and potentially far-reaching reforms in recent
years, the Securities and Exchange Commission (the “SEC”) today adopted rules
shortening the holding period for restricted securities under Rule 144 and
expanding the class of companies able to use more abbreviated disclosure in
their SEC filings. While the changes to Rule 144 affect all public companies, the
combined effect of these two reforms will be to promote capital formation at lower
cost and reduce certain reporting obligations, which will be of particular benefit to
smaller public companies and companies going public.
The SEC adopted amendments to the disclosure and reporting
requirements under the Securities Act of 1933 (the “Securities Act”) and
Securities Exchange Act of 1934 (the “Exchange Act”) to expand the number of
companies that qualify for scaled disclosure requirements for smaller reporting
companies. Companies with less than $75 million in public equity float qualify for
the new scaled requirements, and companies without a calculable public equity
float will qualify if their annual revenues are below $50 million. To streamline and
simplify regulation, the amendments to move the scaled disclosure requirements
from Regulation S-B into Regulation S-K and eliminate the "SB" forms.
Additionally, the SEC adopted amendments to Rule 144 to shorten the
holding period for the resale of restricted securities if the issuer of the securities
is subject to Exchange Act reporting requirements. The amendments also reduce
the restrictions applicable to resales of restricted securities by non-affiliates of
both reporting and non-reporting companies. In addition, the amendments codify
several staff interpretations relating to Rule 144 and revise the manner of sale
requirements, volume limitations and Form 144 filing thresholds.
Simplified Disclosure. The amendments combine, for most purposes, the
existing “small business issuer” status with “non-accelerated filer” status into a
new category of “smaller reporting company”, which is defined as a company
with a public float of less than $75 million. The SEC anticipates that a larger
number of reporting companies will meet the new definition of “small reporting
company” and therefore be eligible for the scaled disclosure previously contained
© SEC LAW FIRM 2007
2
SEC__
LAW FIRM
in Regulation S-B. The SEC estimates that of the almost 12,000 reporting
companies in the United States, 3,749 companies had a public float of less than
$25 million, the previous cut-off for “small business issuer” status. The SEC also
estimates that 4,976 reporting companies had a public float of less than $75
million, which essentially was the definition of a “non-accelerated filer”. It is this
larger number of reporting companies, or 42% of all reporting companies, that
the SEC estimates will meet the new definition of “smaller reporting company”.
Note, however, that the previous test for “SB” status was a two-prong test
in the alternative, and included a company, regardless of its public float, that had
revenues of less than $25 million annually. That second prong of the definition of
“smaller reporting company” has now been eliminated. This could work a serious
disadvantage to companies that may be pre-revenue or low revenue but have a
large public float due to being perceived by the market of being in a “hot” industry
sector from time to time – such as biotech today. Our law firm’s founding partner
Lance Jon Kimmel specifically addressed this concern in his testimony before the
SEC in September 2005 and urged modification of the developing proposal.
Unfortunately, it was not incorporated in the SEC proposal or the final rules. On
the other hand, companies without a calculable public equity float – including
those first going public - will still qualify for “smaller reporting company” status if
their annual revenues are below $50 million.
With these amendments, Regulation S-B is being integrated into
Regulation S-K and Regulation S-B is being rescinded. At this time, there are no
significant changes to the substance of Regulation S-K or the portions of
Regulation S-B being incorporated. All “SB” forms are being rescinded.
Rule 144. Even more far-reaching in practice and capital formation
strategies for many public companies, regardless of size, are the most dramatic
changes to Rule 144 in at least a decade. Under the new formulation of Rule
144, the holding period for restricted (ie. unregistered) securities of reporting
companies has been reduced from one year to six months, provided the
company has been subject to the Exchange Act for at least 90 days.
In a further dramatic reform, after the six-month holding period has been
satisfied, non-affiliates can sell securities of reporting without regard to volume
limitations, the manner of sale restriction or need to file a Form 144, as long as
current public information is available. After a one-year holding period (instead of
the previous two-year holding period), non-affiliates can sell securities even if
current public information is not available. Affiliates can begin selling securities
of reporting companies after six months, subject to the volume limitation, manner
of sale and current public information requirements. Affiliates will not have to file
a Form 144 unless the transaction is for at least 5,000 shares or $50,000.
3
SEC__
LAW FIRM
For securities of non-reporting companies, the holding period is one year,
after which time non-affiliates can engage in unlimited sales without restriction.
Affiliates of non-reporting companies can sell securities after one year by
complying with all the requirements of Rule 144.
In addition, in a complete reversal of the SEC’s now-infamous Worm/Wulff
no action letter, Rule 144 now permits holders of securities of companies that
are, or ever were, blank check companies to rely on Rule 144, which the SEC
staff had banned since 2000. In order to avail oneself of Rule 144, the company
in question must cease being a shell company, it must be subject to the reporting
requirement of the Exchange Act, it must have filed all Exchange Act reports (but
not necessarily timely) for the preceding 12 months (or such shorter period that it
has been subject to the Exchange Act) and 90 days must have passed since the
company filed its so-called “super 8-K” terminating its shell company status.
The benefits of these reforms cannot be underestimated. As a result of
the changes in Rule 144, we foresee many fewer companies engaged in PIPE
financings having to file registration statements, because the typical period under
a registration rights agreement to have a registration statement prepared, filed
and declared effective will be very close to the new six-month holding period for
non-affiliates. Because non-affiliates will be able to sell after the six-month
holding period without regard to volume limitations or other elements of Rule 144,
other than current public information between six and twelve months, the need to
register such securities in a PIPE transaction should be dramatically reduced.
Additionally, because 90 days after termination of shell company status
following a reverse merger Rule 144 will be likely be available for all security
holders of the public shell, we should see a speedier and much less expensive
path to creating meaningful trading of securities post-reverse merger. Currently,
because of the Worm/Wulff no action letter, free-trading stock is extremely limited
post-reverse merger until an SB-2 registration statement is declared effective.
The changes to Rule 144 reverse a decade of obstacles that reverse mergers
have faced in trying to create orderly trading in a former shell’s securities.
We expect dynamic times will follow in strategic planning and capital
formation for companies going public and smaller public companies that are
already public. With any luck, we should see less documentation, less complex
requirements and dramatically reduced costs in such transactions.
IRA's - it is funny that I have told many people the same thing, why pay Uncle Sam now when you can pay them later with inflated dollars. And not ONE single person has ever taken that advice. It is too funny that people are so anxious to fork over the cash to Uncle Sam.
Defer, stall, whine, complain and don't cut the check just yet!
Words to live buy and deathtotaxes.
LOL