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it's over - see http://www.cyopgaming.com
Welcome to the iHub MyECheck BB!
It would be valued on the book value...assets less liabilities. Let's see the 10Q first.
He buys up as many as he can, then files a board resolution buying up anything left in the float at a predetermined price. You would have no choice but to sell.
have a look at the source code :)
OT: msgbrdinfo
Lots of pubco's have gone private. Google it.
NCEY is controlled by the CEO, and if he could buy up the float. then he would be able to take it private. Why? If there is all that and a bag of chips like we believe with the oil drilling, production figures and so forth, he might want to own it all.
It might be a cash cow.
Also, because the debt is so big, taking it private may make sense. Once private, he could structure a new deal with an existing pubco or go public again, and wipe out the debt with the issuance of clean paper.
This would give him liquidity; something that he doesn't have at these share price levels.
All I am saying is look at the trading charts, and the underlying data that supports the trheory a slow take-out of the float.
All the great results in the world won't help the stock unless there is an awareness campaign. Consistency in press releases, interviews, third party coverage, articles and so forth are needed.
Unless the company is trying to go private and accumulating any stock that becomes available...hence the low volume and weak price...
you're wasting your time with this guy...he doesn't care about shareholders.
Red
I met with Ed. Have you?
Don't worry about me. I've made money on this stock.
red - I got burned in May/June and bought when it was 8 to 10 cents on the basis of the new wells coming online. Nothing happened. No PR's as promised by Ed. No IR. Nothing. I know now that there is a group that is selling into the market at any sign of volume and I was duped.
did you get my email?
Have you ever seen any successes with Buyins? Never had any success when I used them...
TIA
If he bought shares, then where are the Form 4's?
http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=ncey&filenum=&State=&SIC=&o...
Unless you call 1950 shares purchased in May something to harp about. See http://www.sec.gov/Archives/edgar/data/1079797/000121478207000082/xslF345X02/primary_doc.xml
Suggest you also have a real close look at the DEF 14C filing...a really close look.
Here is the DEF 14C http://www.sec.gov/Archives/edgar/data/1079797/000140865107000060/newcenturydef14c.htm
By the way, if he said that "cheap shares would be a thing of the past", then he would be breaking the law...so I call bull on your conversation...
No way Ed would ever say that...not ever.
it would be a wasted trip. he doesn't believe in IR
I find it amusing that a corporate site has banner ads on it. the link to Rhapsody was a killer - see as follows http://offer.rhapsody.com/?src=cj&pcode=cj&cpath=aff&ocode=affiliate&rsrc=14dFT
haha...didn't know about the spam. So why the sudden increase of press releases during the same time?
Barry has nothing to do with this stock.
imshredin2 - read the filings closely on this one
they have consistent IR program or awareness. One PR and an interview on a paid site do nothing...that is why the SP won't ever move.
blame cornell
US remains stubborn in Internet Gambling Dispute
ANTIGUA SUN
by Patricia Campbell
The US is unlikely to back down from its position on online gambling, despite facing billions of dollars in claims. Instead, it is maintaining that withdrawal from World Trade Organisation (WTO) trade obligations to grant market access to Internet gambling companies is the best way to resolve the ongoing dispute with Antigua and Barbuda.
In an interview with the Antigua Sun yesterday, a trade official in the office of the United States Trade Representative (USTR), who asked not to be named in this article, said the US sees its current course as the best way of achieving closure on the issue.
“We are trying to clarify, by using Article 21 of the GATS agreement (General Agreement on Trade in Services) that our obligations should not extend to gambling,” he said.
An offshoot of this Article 21 process is that the US must reach settlements with all WTO member states which filed compensation claims. In May, after the WTO formally adopted the ruling of its Dispute Settlement Body declaring the US in continued violation of its commitments under the GATS, in relation to the restrictions the US has placed on remote gambling, Antigua and Barbuda called on the 150 members of the WTO to join it in filing compensation claims against the United States.
The European Union, Australia, Canada, Costa Rica, India, Macao and Japan answered that call.
“We are actively working to negotiate, under Article 21, with all of the WTO members which made claims, and there are eight of them, including Antigua. We believe we can reach an expeditious solution using this procedure.
“We’ve been quite pleased, to date, that the members who have made claims seem to be approaching this issue with a sense of seriousness and realism and that they generally seem determined to reach a solution; and we continue to believe that this Article 21 process is really the path that is most likely to lead to a resolution of this issue,” the trade official told the SUN.
This assessment conflicts with those of Antigua and Barbuda’s WTO attorney Mark Mendel who, in an interview with the SUN shortly after meeting with US Article 21 negotiators at the beginning of August, dismissed the meeting as unproductive and accused the US team of calling the meeting simply so they could say they had met with Antigua and Barbuda. The USTR representative was also present at that meeting and told the SUN that on the other hand that the session was useful.
“There were no specific decisions made, but I think at the end of that meeting we understood each other’s positions much better,” he said, adding that the USTR team hopes to meet with Antigua and Barbuda’s lawyers and government officials at least once more.
The US trade official pointed out that the WTO requires the parties to keep the details of their talks confidential in order to promote negotiated settlements, but said that the claimant nations are not submitting total values to their claims at this point. Queried about the widely publicised $15.5 billion claim being put forward by the European Union, the trade official said that he was unclear of the origin of that figure, which he indicated has not turned up thus far in the negotiations.
He added that all eight countries have argued that they have, in one way or another, an interest in gambling in the US. “Those interests can take various forms and, in fact, they vary quite drastically across these eight members, so their claims obviously reflect the differences in the nature of the way they believe they would be affected by our proposal to clarify that gambling is not included in our obligations,” he said.
The deadline for the conclusion of the Article 21 process is 22 September and that though extensions are possible, the USTR says that it is working towards a conclusion to the negotiation of resolutions by that period. This withdrawal of GATS commitment is being treated as a separate, though connected issue, to the trade claim being pursued by Antigua and Barbuda at the WTO.
Last Friday, Antigua and Barbuda presented a written submission to justify its US$3.4 billion per year claim against the US. As Antigua and Barbuda’s attorney at the WTO Mark Mendel explained it, the methodology paper was a description of how Antigua and Barbuda came up with its damages. The US response to the submission, he said, is due on 19 September and then Antigua and Barbuda will get a chance to respond to the US position on 4 October.
“The decision is made by the same panel that we were before last time, which was very sympathetic to us and it will be issued on this issue before the end of November,” Mendel explained yesterday.
The USTR official declined to comment on Antigua and Barbuda’s submission, pointing out that there has been insufficient time to study it carefully, but the US continues to hold the position that the damages being claimed appear disproportionate. “Our view is that the figure seems excessive, but we’re going to have to study the economic methodology that’s been put forward and we’re going to have to have our own economists look at it and we will have a response to it,” he said.
We won't see iGaming return to the USA legally for a couple of years. The casino lobby made sure it killed the industry.
What a croc.
That is NOT CIVIC duty.
I do volunteer work, I pick up garbage on the beaches where I live in an organized group and I donate to charity.
Slagging me off is not civic duty.
You aussies are all the same.
sent through ihub. Asked you what your issue was with me specifically and why you continue to follow me around bulletin boards...i figure you must be an ex employee or ex girlfriend...why else would you have such a bee in your bonnet?
The truth doesn't scare me. Obviously I scare you or you would answer my email. LOL
and looks like NTDL did another PR today...my guess is that they are going to run it.
NuTech Digital's High-Definition Proprietary Software, to be Utilized Over a Standard Telephone Line
2007-08-14 10:27 ET - News Release
ENCINO, Calif., Aug. 14, 2007 (PRIME NEWSWIRE) -- NuTech Digital, Inc. (OTCBB:NTDL), announced today the transition of its High-Definition Digital Rights Management (DRM) proprietary software, to be utilized over a standard telephone line.
According to Lee Kasper, CEO of NuTech Digital, "We continue efforts to streamline our operating efficiencies as we pursue new ways to position the company for growth in the High Definition entertainment industry. As a result of the continued refinement and development of our current DRM platform, and to exponentially reach an audience previously unattainable, we are pursuing the ability to utilize a standard household phone line for secure content delivery. This will enable digital video compression and the management and delivery of video, audio and data over a fully switched or routed network configured for ATM and Ethernet protocols utilizing connections speeds as low as 64Kb/s to deliver High-Definition content."
Good trading today - up 150% with decent volume
NTDL
Bought some a while ago and watched it languish...up 0.036 (150%) to close at 0.06 (hit .08 for one trade)
Not sure if it is the beginning or it is done yet.
Anyways, felt the need to share since I have been lurking for a while.
NuTech Digital and Jump Communications Agree to Licensing Agreement and Asset Buyout
2007-08-09 10:00 ET - News Release
ENCINO, Calif., Aug. 9, 2007 (PRIME NEWSWIRE) -- NuTech Digital (OTCBB:NTDL), a home entertainment content provider, and Jump Communications, Inc., a digital communications and technology company, have agreed to a merger where NuTech Digital obtains 100% of Jump Communications. As part of the transaction, the Company will purchase Jump's Telco switch hardware valued at over $3.5Million, as well as technology licenses to market, manufacture and exploit next generation video products and video networks.
According to NuTech Digital management once the deal closes, NuTech will focus on delivering Jump Communications' products and services and plans to focus the Company's attention on initial sales in the medical, security and surveillance, and multiple dwelling unit divisions while developing other industry segments.
The terms of the merger agreement have not been disclosed. The companies anticipate the merger will close within 60 days. NuTech Digital currently has approximately 34.1 million shares outstanding and is a fully reporting company on the NASDAQ OTCBB.
NTDL - moving fast right now...looks like the group behind it may be pushing it up now that they have a new acquisition
504 financing is why it hasn't dropped...yet. Once the 504 shares issued dry up, then it will tank.
once it hits 4 cents, then all volume will dry up completely
USA LEGAL UPDATE by I. Nelson Rose 07/26/2007
The latest news in the United States Department of Justice's war against Internet gambling is not good news for online poker players.
Up until 2006, most of the attacks by law enforcement were against sports betting sites. The DOJ has publicly taken the position that the Wire Act, the main federal anti-gambling law that might apply to the Internet, outlaws all forms of gambling.
However, a couple of courts have ruled the Wire Act is limited to bets on sports events and races. The DOJ does not want to lose its power of intimidation by losing a case, so it has not brought any charges against pure poker sites.
But in April 2006, the House of Representative's Judiciary Committee and later the full House approved a bill to amend the Wire Act to cover all gambling, including poker.
At least it was limited to operators not players.
But in June 2006, the state of Washington passed a law to clearly make it a crime, even a felony, to merely play poker online.
Then there were the dramatic arrests. The CEO of BetOnSports, flying from England to Costa Rica, was nabbed while changing planes in Dallas and charged with violating the Wire Act. Then the CEO of SportingBet was arrested at JFK for violating a Louisiana state law, which seemed broad enough to cover poker.
In the last days of the Republican-controlled Congress, then-Senate-majority leader Bill Frist rammed through the Unlawful Internet Gambling Enforcement Act, designed to stop any "game subject to chance." Although the UIGEA, which I call "Prohibition 2.0," was the faulty act of a failed politician, it has scared everyone remotely connected with the industry.
The sites of the largest publicly traded operators, like PartyGaming's PartyPoker, immediately announced that they would no longer accept players from the U.S. Online poker players were forced to switch to one of the many privately-owned sites which continued to take bets from Americans.
Getting the money to the operator became more of a problem with payment processors like FirePay also cuting off the U.S.
Fortunately, Neteller, the largest e-wallet, announced it would wait to see what the eventual regulations looked like.
Now Neteller is gone. Its founders, who no longer had active roles in the business, were arrested in the U.S. The company announced that, "Due to recent U.S. legislative changes and events, effective immediately, U.S. members are no longer able to transfer funds to or from any online gambling sites." This left the company's 640,701 Amercian account holders supposedly able to get their money back from Neteller, but unable to get their money back to Neteller from the gambling sites.
Neteller claimed this sudden change was due more to the timing and content uncertainty of future regulations. But a few days later it was also disclosed that the financial banks, attorneys and accountants responsible for companies like Neteller going public had received subpoenas from the DOJ. Even Google was told to stop taking paid ads from Internet gambling sites (Yahoo had quit three years ago). Another payment processor, Citadel, read the writing on the wall and also cut off Americans.
The most recent skirmish was timed to coincide with the SuperBowl, by far the largest betting event of the year. And it worked: Pinnacle, the leading sports betting site, also pulled out of the U.S. market. American bettors now have to struggle to find a site they trust, and then figure out how to get the money there.
The only good news is that prosecutors will never go after mere players.
And in the long run, the government's war against Internet gambling will be merely a blip. The first Prohibition did not stop people from drinking. Prohibition 2.0 will not stop players from betting.
© Copyright 2007. Professor I Nelson Rose is recognized as one of the world's leading experts on gambling law. His latest books, GAMING LAW: CASES AND MATERIALS and INTERNET GAMING LAW, are available through his website, www.GAMBLINGANDTHELAW.com.
Didn't you hear? On October 13, 2006 the US congress passed legislation effectively banning Internet gambling in the USA.
Companies in the UK took major hits and lost billions on their market caps.
Many folded completely.
And recently, NETeller was forced to disgorge $146 million to the US Government.
Honestly, don't you have anything better to do?
I know you love this group of guys, but really? It's kinda creepy the way you stalk the group.
Smyth is not involved with LITL, nor will he have anything to do with Mr. Liebermann.
The CEO wrote every PR
That shouldn't be the case since they have some filings at http://pinksheets.com/pink/quote/quote.jsp?symbol=hpgi#getFilings
being an author isn't the same as being the contact name on the PR.