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Corporate Headquarters are on my way to work I pass right by this place minimum 2x daily - I stop at coffeehouse LakeHowell and 436 . 2 blocks - maybe Ill stop in and say hello in next few days - Ill report back if I do.....
Please post Signature phone number and or address.
were are all those TA posters calling buys at .03-.04? How about knowitall, BBB and others? Sure does look like once again GFCI has turned "investors" into fools...IMPO
u have to double down strongus!? Need to try and save those .03-.04 buys you told us all u would clean up with!?
WOW no wonder BBB has tucked tail and disappeared > How can anyone that posted IMO obvious fabrications for so long and so strong show his face in light of recent events....
""And this is a worst-case scenario! And I am so confident that things are no where near this bad. Given all of the available evidence, I tend to lean toward the following as the most likely valuations (now, I understand it is not to say that they MUST be valued this way, but only that they SHOULD be valued this way!):""
For GFCI: $3.00 per share
For CTTI: $1.00 per share
Been_Burned_Before
I suggest you all redo some DD into GFCI > Here is a post from 10 bagger that outlines the past - Read below and put all of this into context with what we know today > Then post your opinions and questions >
GFCI..
just incase we all forgot... hank
GFCI Operational Update and Earnings Guidance for 2004-2005
HOUSTON, TX -- (MARKET WIRE) -- March 03, 2005 -- Grifco International, Inc. (OTC: GFCI), a provider of oil and gas services equipment to the worldwide oil and gas industry, announces net income of $2.6 million, or approximately $0.13 per share on $7.5 million gross revenue for the six months ending December 31st, 2004.
Grifco International goals for the second half of the year are predicated upon achieving significant growth in revenue and shareholder equity. Based upon Grifco's aggressive acquisition schedule and expanding product line, management believes the third and fourth quarter 2005 will earn an additional $0.23 to $0.25 per share for the fiscal year ending June 30th 2005. The Company's forecast is based on its ongoing projects and acquisitions, including:
GFCI Signs LOI to Acquire Global Oil Tools
Global is equipped with state-of-the-art machinery and produces a complete line of more than 6,000 with over 150 customers. Global has $1.2 million in inventory, $2.2 million in assets, $800,000 works in progress, $400,000 accounts receivable, and should add over $1.2 million in net profit to Grifco in the next 12 months.
GFCI Signs Completion Screen Joint Venture
The Grifco International PMC screen was developed in China under a long-term Strategic Cooperation Relationship with Halliburton and China Petroleum Technology Development Company, having been deployed and tested in all the major oilfields in China. Currently the screen is being supplied to Chinese National Petroleum Corporation, China National Offshore Oil Corporation, SINOPEC, and Halliburton. Management estimates the PMC screen will increase company revenue approximately $2.5 million in the next 12 months.
GFCI Markets SCUDA Tool
The worldwide crisis of potable drinking water suggests an immense market exists for this SCUDA tool. Grifco is expanding into the foreign arena by utilizing sales agents worldwide; presently, Grifco has agents in South America, Singapore, and China. Grifco believes it has the ability to effectively market this tool to domestic and international clients and estimates a potential revenue of $2 million in 2005.
GFCI Acquires KO-VAC Systems
KO-VAC Systems markets a vacuum-based disposal unit with electrical and diesel systems for fluid and/or solid clean up. GFCI anticipates KO-VAC to be worth $2 million per year after twelve months, and generate $4-5 million in the first 2 years.
GFCI Increases Production Output
GFCI's installment of a CNC Turning Center and CNC Mill allow Grifco to be highly competitive with its price quotes and delivery schedule. Grifco International has experienced a 500% production increase with the new machinery.
GFCI Establishes Rental Venture in Mexico
The rental service in Mexico should generate approximately $2.5 to $3 Million in revenue for 2005. Grifco looks forward to the continued expansion of its tool division in Mexico; Grifco de Mexico should contribute $5 to $6 Million in annual revenue.
Grifco Field Tests Corrosion Inhibitor Tool in China
The Corrosion Inhibitor Tool (Silver Hawg) performed for one year in the largest oil field in China. The test gives Grifco's agent in China the opportunity to sell approximately one hundred tools by the close of 2004. Sales in China for 2005 will likely double. The success in China should result in increased revenue (in China) for Grifco International, Inc. of approximately $1.5 million in the first year.
PEMEX Field Tests With Grifco International
PEMEX , the 3rd largest producer of crude oil in the world, recently completed joint testing with Grifco International, Inc. utilizing the "Silver Hawg." PEMEX has issued Grifco International, Inc. an immediate contract for additional wells; pending favorable review, Grifco International will prepare to supply up to 300 wells, while awaiting a third contract installation for the northern district of Mexico. The contracts with PEMEX will generate approximately $2.5 million.
Six Months Ended December 31st, 2004:
(UNAUDITED, in millions of dollars)
Earnings 7.5
Net Income 2.5
Per Share .13
"The strong results in the first half were in line with our expectations. If our acquisition schedule progresses as planned, our earnings projection of an additional $0.23 to $0.25 per share is attainable," stated Jim Dial, President and CEO of Grifco International, Inc. "For the first six months of our fiscal year, our profits are running approximately three times higher than the previous six months."
Grifco International, Inc. is a leading provider of oil and gas services equipment, specializing in the conception, architecture, and development of tools for the coil tubing, wire line, and snubbing industry throughout the U.S., China, Mexico and South America. Grifco's patented products are known and used throughout the world. In addition to our patented tools, Grifco designs and manufactures over 350 products for the Oil and Gas industry with a clientele boasting the biggest names in the business, including Halliburton, Exxon, and Schlumberger. Please visit www.grifco.org.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The Company cautions that assumptions, expectations, projections, intentions, or beliefs about future events may, and often do, vary from actual results and the differences can be material. Some of the key factors which could cause actual results to vary from those the Company expects include changes in natural gas and oil prices, the timing of planned capital expenditures, availability of acquisitions, uncertainties in estimating proved reserves and forecasting production results, operational factors affecting the commencement or maintenance of producing wells, the condition of the capital markets generally, as well as our ability to access them, and uncertainties regarding environmental regulations or litigation and other legal or regulatory developments affecting our business. More information about the risks and uncertainties relating to the Company's forward-looking statements are found in our SEC filings.
--------------------------------------------------------------------------------
Contact:
Grifco International, Inc.
http://www.grifco.org
Jim Dial
(832) 295-1529
ir@grifco.org
SOURCE: Grifco International, Inc.
#10
Posted by: jtomm
In reply to: trailrunner who wrote msg# 8 Date:3/9/2005 3:38:21 AM
Post #of 9329
I'd love for it all to be true. And it may be, who knows.
They have indeed provided an impressive list of supposed clients. But those are just words on a website. I could put up a website that says all those guys are my customers too.
We're asked to believe what they say, without any third-party verification -- especially when it comes to sales and earnings.
There's an impressive product catalog, but it's for Advanced Oilfield Technologies, Inc. (AOT Inc.), not Grifco. The first two pages of AOT's product catalog say "Grifco Coil Tubing Tools", but those words almost look like they could have been photoshopped in. Search the entire rest of the pdf and the word grifco does not appear. Even all of the legalese is about AOT, Inc.
A google search of Grifco's website doesn't even reveal the relationship between Grifco and Advanced Oilfield Technologies:
http://www.google.com/search?hl=en&lr=&rls=GGLD%2CGGLD%3A2003-33%2CGGLD%3Aen&q=site%3Agr....
The front page of Grifco's website makes it look like "Advanced Oilfield Technologies" is a description of what Grifco does, not the name of another company.
Is AOT Inc. a wholly-owned subsidiary? A partner? Or is Grifco just a sales agent for AOT?
The domain for AOT is registered to Jerry Griffith. And this link suggests he represented AOT Inc. on an advisory board:
http://www.cgrpttc.lsu.edu/pag.html
But does Grifco own AOT? Does AOT own Grifco? Are the two companies partners? Does Jerry Griffith serve two masters? Is there a sweetheart deal by which AOT is his private company and he has some sort of agreement to buyout Grifco down the road? Or some sweetheart ownership of preferred shares of Grifco?
And asking the company won't necessarily clarify any of this. Because if this is a scam, a scammer doesn't just throw up his/her hands and say, "Darn, that was a good question! I guess you caught me! I admit it, the whole thing is a scam."
It doesn't work that way. The scammers have usually thought out their scam and tend to have the best stories.
Third party verification isn't a perfect system, because sometimes the auditors are in on the scam as well. But at least it's one more level of theoretical scrutiny. It makes a scam that much harder, because more people have to be in on it.
Nearly all the information one can find on the net about Grifco is simply a reprinting of the company's press releases. Again, no verification of anything, all info is coming from the company. If it were a scam, that's how you'd do it.
Doesn't mean it has to be a scam, just means we've got no way to verify anything the company says.
#20..
Posted by: trailrunner
In reply to: jtomm who wrote msg# 18 Date:3/9/2005 10:18:40 PM
Post #of 9329
It would be a heck of growth, if this guy went bk liquidation in 2001 and start from scratch, from 280 k 10 month rev to 7.5 mil rev last 6 month? Also their operating profit margin is incredibly high at 33% (made 2.5 mil last 6 month). It looks like 20 millon shares outsanding. I wonder how many are from litfiber. I agree this co. is a mystery. Unfortunately, I'm stuck with a boat load of shares.
Just hope the co is legit and move out Pink Sheet eventually.
#28..
Posted by: 10 bagger
In reply to: None Date:3/30/2005 9:11:06 AM
Post #of 9329
LTBI Acquires Grifco International, Inc.
LAFAYETTE, LA, Nov. 19, 2004 (MARKET WIRE via COMTEX) -- LitFiber, Inc. (OTC: LTBI) (as of 11/19/04 symbol will be (OTC: GFCI)) announces it has acquired Grifco International, Inc., a provider of oil and gas services equipment to the worldwide oil and gas industry.
Grifco International specializes in the conception, architecture, and development of tools for the coil tubing, wire line, and snubbing industry throughout the US, China, Mexico and South America. Grifco is the leading purveyor of jarring tools for the oil field in the world; Grifco's clientele of Fortune 500 and 100 companies, national oil companies, and supermajors includes the most recognizable names in the oil and gas industry:
Exxon Mobil Kerr McGee
Hydra Rig Varco B.J. Services
Halliburton Energy Services Pemex
Pdvsa Venezuela Wireline Specialties
Progressive Oil Tools Canada Shell
Coiltech Coil Tubing Services
ABC Nitrogen Cudd Pressure Control
Superior Pro Coil
Dowell Schlumberger Steward Stevenson
CNPC (Chinese National Petroleum Co.) Enmax China
Weafri Well Services (Nigeria) J and J international
Sonal Pedcor
PT Wasita (Jarkarta) Maersk Oil (Denmark)
Baker Oil Tool (Worldwide) Weatherford (Worldwide)
Venline (Venezuela) Petro Tech Coil Tubing (Mexico)
TriCan (Canada) Coil tubing Company Blowout Tools
Cavins Fishing Tools San Antonio Services (Argentina)
ACT (Action Coil Tubing)
Terms of Litfiber's acquisition of Grifco include a name change to Grifco International, Inc. to incorporate the Grifco business plan, a new symbol assigned by Nasdaq, and a 20:1 reverse split. NASDAQ has received everything necessary to effect the name change and reverse split for Grifco International, Inc. Effective at the market open on 11/19/04, the new symbol for Grifco International, Inc. will be GFCI (OTC: GFCI).
As part of the acquisition, John Jarvis has tendered his resignation as CEO of Litfiber. Grifco International CEO Jim Dial will assume the role of Chief Executive Officer and President of Grifco International, Inc. Please note, Grifco International retains all Litfiber assets, including but not limited to telephony equipment, accounts, accounts receivable, contracts, Letters of Intent, representations, and agreements. John Jarvis will remain as a consultant to the company on telephony related matters.
A private company for over fourteen years, Grifco has become public in order to reflect earnings and profit through public dissemination and filings. Grifco has crafted a plan to acquire mid sized companies and competitors in the oil services field and align them horizontally in the Grifco service offering to create an oil and gas services conglomerate. Grifco's target acquisitions combine to reflect more than $50 million in annual sales.
Twelve years ago, Grifco engineered and patented a 2N1 (two directions in one tool) jarring system still employed and sold throughout the world. This 2N1 system was the first in the industry which allowed the operator to jar in both directions, as may be required, forever putting Grifco on the oil industry map.
LitFiber is a full service, engineering based, Fixed Wireless, Web Development and Telecommunications Company. LTBI combines expertise in wireless business communication systems, system integration, computer telephony software deployment, IP telephony, data networking with unparalleled customer service. Grifco feels the Litfiber telephony platform offers potential synergy with the extensive International client base of Grifco International, Inc.
Grifco International Inc. is a leading provider of oil and gas services equipment, specializing in the conception, architecture, and development of tools for the coil tubing, wire line, and snubbing industry throughout the US, China, Mexico and South America. Grifco's patented products are known and used throughout the world. In addition to our patented tools, Grifco designs and manufactures over 350 products for the Oil and Gas industry with a clientele boasting the biggest names in the business, including Halliburton, Exxon, and Schlumberger. Please visit www.grifco.org
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The Company cautions the assumptions, expectations, projections, intentions, or beliefs about future events may, and often do, vary from actual results and the differences can be material. Some of the key factors which could cause actual results to vary from those the Company expects include changes in natural gas and oil prices, the timing of planned capital expenditures, availability of acquisitions, uncertainties in estimating proved reserves and forecasting production results, operational factors affecting the commencement or maintenance of producing wells, the condition of the capital markets generally, as well as our ability to access them, and uncertainties regarding environmental regulations or litigation and other legal or regulatory developments affecting our business. More information about the risks and uncertainties relating to the Company's forward-looking statements are found in our SEC filings.
#34..
Posted by: trailrunner
In reply to: Knowledge is King who wrote msg# 33 Date:5/27/2005 2:31:18 AM
Post #of 9329
GFCI Conference Call Take away:
1: GFCI Shares outstanding 20 mil with 4.7 m float. The recent 2 aquisitions did not dilute as they were done with cash.
2. Insider shares are restricted 1 year after public until Oct. this year
3. Grifco Co. has minimal debt, largely financed by operation
cash flow.
4. Jim Dial stands by the .13 cents and 7.5 mil figure in the March 6 earnings release. An outside accounting firm is working on financial report which is to be released in September, due to new acquisitions and complexity related to foreign operations. One guy asked the name of the accounting firm, and was told as "Lynn" something in Huston and I did not remember the whole name.
5. Jerry Griffith attended the call from Mexico where he's on business trip and he sounds credible.
6. The jet motor sounds like a miracle with margins can reach upto 80% for rental business. and manuf. cost can be recouped in ONE day. I found it incredible or I just simply misunderstood.
7. Currently the Co doing 2 mil/mo without Jet Motors
8. The co's new web site is being designed and will up soon.
Some people on the call are disgrutled investors from LFBI.
All in all, its are very good conf call.
This co seems have substance and potential and not the "fly by night" type.
#53..
Posted by: Ripsip
In reply to: None Date:6/10/2005 1:32:05 PM
Post #of 9329
.60 !!!
#55..
Posted by: Ripsip
In reply to: None Date:6/11/2005 8:53:57 AM
Post #of 9329
An interesting piece of news:
http://biz.yahoo.com/prnews/050610/laf028.html?.v=13
'Business & Beyond' to Feature The Lyamec Corporation - Commercial Activities With Libya
Friday June 10, 4:46 pm ET
HOUSTON, June 10 /PRNewswire/ -- The Lyamec Corporation (www.lyamec.com) announces that Platinum Television Group has selected The Lyamec Corporation for its innovative, educational television series "Business and Beyond." This segment is tentatively scheduled to air in late 2005 nationally on CNBC as well as internationally on CNBC Europe and regional news networks in many of the top 100 markets nationwide.
ADVERTISEMENT
In their press of June 4th, 2005, Platinum Television outlined, "Several promising U.S. companies were presented to the Platinum Television Group's panel of executive producers and advisory board members. After the presentation, The Lyamec Corporation was selected by Platinum Television to be featured for the 'Models of Excellence' Series. Platinum Television Group's advisory board is made up of MIT and Harvard business school graduates, as well as magazine editors of Fortune, Forbes and INC."
The content of the show will include an interview with company representatives and a discussion to educate viewers about the booming economy in Libya. The feature will cover the history of its company up to present. Additionally, by partnering up with 30-year veteran Wilfred James Barnhill and Global Oil Tools; The Lyamec Corporation is bringing the most sought-after and most advanced U.S. oilfield-related technologies to Libya. Global Oil Tools has been amidst a tug of war between venture capital groups, by Grifco International's (OTC: GFCI - News) leading position. In a statement by Lyamec, "We are humbled by the gesture from Platinum Television, and we welcome the opportunity. The public will understand and meet some of our clients and partners; focusing on American ingenuity and pioneering decision makers." The show will also look at their retail sector expansion models and market share growth plans for products and services, such as Apple Computers and Western Union; as well as promoting access to hotel chain investment opportunities by fostering support for the likes of Carlson Hotels Worldwide Radisson, and more fashionably brands of the Westmont hospitality line; with a final look at their vision on Libya's would be airline model industry.
The firm boasts an impressive pool of professionals, specialized commercial advisors and marketing developers. This particular group has a unique network of professionals providing expertise and in-depth coverage on virtually every topic, from high technology to interpersonal and marketing communications. The firm's popular destination focus currently is Libya with ongoing expansions into Africa. Their Lyamec & Associates subsidiary services its clients with business laws and regulations, communication, concept development, contract negotiations, distribution, marketing, sourcing, strategy, and total project management. Although Lyamec provides these business-enhancing services, its main focus is to help companies and organizations make the best decisions while creating a clear platform for engagement, understanding and providing positive results for developing countries and emerging markets.
Lyamec currently represents various U.S. and international ventures in Libya. Financial, medical, and commercial developers are among the current clients. Although Lyamec deals primarily with Libyan commercial activities, there are several interesting contact bases throughout the U.S., Canada, the U.K., and France. Lyamec is dedicated to applying knowledge and expertise in identifying, developing and implementing business practices with technology to improve a competitive position for clients, partners and affiliates.
For more information, see http://www.lyamec.com
This release was issued on behalf of the above organization by Send2Press(TM), a unit of Neotrope®. http://www.Send2Press.com
#55
Posted by: Ripsip
In reply to: None Date:6/12/2005 10:17:04 AM
Post #of 9329
Sometime this month we'll likely have news about the 'Grifco Jet Motor'.
***GFCI is slated to produce 50 tools immediately. We expect this production phase to be a minimum of four weeks. Fifty tools will bring in approximately $2 million per month world wide with 75% utilization.***
I really like this bit:
***We're confident that the demand for the Jet Motor will greatly exceed our ability to produce it," said Jim Dial, President and CEO of Grifco International. "If demand meets supply, in short order we could far exceed our prediction of $2 million in Jet Motor rental fees per month."***
http://biz.yahoo.com/iw/050512/086547.html
#58.. Posted by: Ripsip
In reply to: None Date:6/13/2005 9:54:52 AM
Post #of 9329
.73
#67..
Posted by: KnowItAll
In reply to: None Date:6/13/2005 8:50:55 PM
Post #of 9329
Wow! This is the stock that just keeps on giving. Small Float + Huge Contracts = A GREAT STOCK! This company is very under rated. It wouldn't suprise me if it broke a dollar in the next couple of days. I hear more great news is coming!
#74..
Posted by: cl001
In reply to: None Date:6/16/2005 8:19:48 AM
Post #of 9329
News!
http://biz.yahoo.com/iw/050616/088906.html
Grifco Nears Completion of 50 Jet Motors; Plans to Ship Within 3 Weeks
Looking for a pop today.
======================
Posted by: lentinman
In reply to: Bobwins who wrote msg# 95 Date:6/21/2005 4:34:04 PM
Post #of 9329
Congratulations to GFCI longs:
It looks like the majority of VMC'ers (anyway) are probably above water on this thing. It reminds me of PRVH. Unbelievable promises on everything under the sun. My theory there (until I bailed) was that even if just one of them came in, it would be fantastic. Of course, none did. Hopefully, for your sake, this will be different.
ihub message board is the catalyst for ur buy call?
how can u say that? results prove year over year as of last filing>
Q2 Revenues were DOWN -88.59% vs yr-ago
Q2 EPS was DOWN -450.00% vs yr-ago.
Is that the tremendous amount of experience or the ramp up you refer to?
LOL since when is posting factual opinions bashing? lol with MSITF it is fine line between truth and bashing imo lol
WEGI: Q2 EPS (7c) vs 2c EPS -450% Y/Y
TUESDAY , FEBRUARY 20, 2007 05:05 PM
QUARTER RESULTS
Windswept Environmental Group Inc (WEGI) reported Q2 results ended December 2006. Q2 Revenues were $2.02M; -88.59% vs yr-ago. Q2 EPS was (7c); -450.00% vs yr-ago.
Q2 RESULTS Reported Year-Ago Y/Y Chg Estimate SURPRISE
---------- ------------ ------------ ---------- ------------ ----------
Revenues: $2.02M $17.71M -88.59% N/A N/A
---------- ------------ ------------ ---------- ------------ ----------
EPS: (7c) 2c -450.00% N/A N/A
---------- ------------ ------------ ---------- ------------ ----------
ORIGINAL EARNINGS RELEASE
Consensus estimate data provided by Reuters.
Visit Knobias.com for more indepth earnings information.
how did i know u would be touting that PR > Here is some DD on this new PR firm compliments HIA from RB > Happy Posting... lol
By: heisamazing
12 Mar 2007, 09:09 PM EDT
Msg. 82772 of 82776
(This msg. is a reply to 82759 by mlutken0.)
Jump to msg. #
Signature Leisure SAY WHAT!?!?!!!!!
Did anybody go on their website? I know 7th graders who design Myspace pages better than this....WTF!!! So I check their SEC filings...and what exactly are they??? Are they a CAR DEALERSHIP???? If not, why do they report revenue from vehicle sales???? WTF!!!!
"The current business of Signature Leisure, Inc. includes the operations of Parker Productions, Inc., a modeling and event staffing business, E Cubed Technologies, an information technology services company and Signature Auto, an independent dealer in motor vehicles. Our focus of operations for the next 12-month period will be develop our business segments focusing on growing operations in each entity to generate revenues. Signature Leisure, Inc. intends to use profits from operations to maintain and grow each business segment. We will continue our efforts to raise additional capital to maintain existing and generate expanded operations. To date we have not generated any significant profits from operations in any of our business segments." http://www.sec.gov/Archives/edgar/data/1135194/000110313206000056/slq3q06b.pdf
http://www.sec.gov/Archives/edgar/data/1135194/000110313206000056/slq3q06b.htm
I mean how many times did they change their business name and business model????
formerly: JDLPHOTOS COM INC (filings through 2003-02-25)
formerly: VALDE CONNECTIONS INC (filings through 2003-08-29)
source: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001135194&owner=include
NO WONDER THEIR STOCK IS WHERE ITS AT. I think this tops them all.
What happened to Mellon Investor services>
Previous PR said Mellon was handling the warrants > Now we here Grifco wants investors to fax them certs and they will handle it? What is going on > this sounds to me like Mellon PR was total BS. Surely Jim Dial and GFCI could not pass the smell test with Mellon, now they are going to try to make it work with bubblegum and scotch tape, yeah this is all up and up legal ...sure it is..... IMO
https://www.melloninvestor.com/newmisweb/corporations/sh/warrant.asp
Forward Looking or straight forward LIE?
TTII and Jim Dial released PR and filed a 14A with SEC outlining in no uncertain terms that GFCI assets would roll into UERI, along with PDEI, and UERI would merge with TTII. Now we here the plan is for UERI and PDEI to become independant pink sheet stocks, by "going public" on their own. It appears JIM DIAL has changed plans or bold face LIED to investors > THAT IS THE PROBLEM > JIM DIAL continues to mislead and intentionally hide the truth, He could very easy clear all of this up but he choses NOT to. Look at the CTT dividend, talk about a bold face BS ride, Jet motors, PR claims of no debt, 2.25 offer ofering, Libya IPO, TTII LOI with CTT, now a warrant deal that is illegal, etc...etc...etc...Again the problem with GFCI is the lies, CEO leads investors to believe one thing, then does another w/o even so much as an update. CEO is the #1 reason this stock is like the plague, IMPO
IMO
THE PAST? The TB PR from days ago is pure BS - He has put out this same PR over and over for well over a year now - "anticipate" "expect" "once testing is complete"
Read how scummy the PR is
It starts out saying >
"....announced that it was beginning to ship VScan TB rapid test kits...."
The when you read furhter you see that is a lie, they are NOT shipping TB tests kits >
"Once the testing of the VScan TB test kit is completed in the next 60 days, the Company expects to sell in excess of 1.0 million TB test kits per year. This will generate over $3.0 million in gross revenue."
what about all the other years of PR that have never come to pass - they are just as "official" (lol) as the recent ones? Proof is right in front of u - MSITF is a sham..... IMO
EXPECTS, ANTICIPATES , blah blah blah Talbot has said this for well over 2 years now - STILL NO PROOF IN THE PUDDING! LOL - U go ahead and lose all ur money - it is your choice - however IMPO this is TOTAL SCAM backed by the proof of past actions, failures to follow thru, and issuance of nearly indentical PR year after year to lure in newbie suckers, IMO those are the FACTS....
lol can u read!
Once the testing of the VScan TB test kit is completed in the next 60 days, the Company expects to sell in excess of 1.0 million TB test kits per year. This will generate over $3.0 million in gross revenue.
TALBOT HAS BEEN SAYING THIS TEST WILL BE READY IN 60 DAYS FOR ALMOST 2 YEARS NOW! THIS IS AT LEAST 6-7TH PR HE HAS SAID ONCE THE TESTING IS COMPLETE IN NEXT...BLAH BLAH BLAH!
PLEASE STOP THE MADNESS
THIS IS A TRUE LIFE SHAM!
Do your DD before investing in Gas Warrants>
http://www.rrc.state.tx.us/divisions/og/not-reg-og-guide/ognotrrc.html
INVESTMENTS
The Federal Securities and Exchange Commission and the State Securities Board may require the registration of certain investment offers. Although some offers are exempt from registration with these agencies, you can check on registrations by contacting:
Securities and Exchange Commission 801 Cherry St., 19th Floor Fort Worth, Texas 76102
(817) 978-3821
State Securities Board P.O. Box 13167 Capitol Station Austin, Texas 78711
(512) 305-8300
The State Securities Board is located at 200 East 10th St., 5th floor. The State Securities Board has an enforcement section that may be able to address your complaints regarding particular investment offers.
Additionally, corporations and limited partnerships must register with the Texas Secretary of State before lawfully conducting business in Texas. You may contact:
Secretary of State Corporations Division P.O. Box 12697 Austin, Texas 78711-2697
(512) 463-5555
The Secretary of State is located in the James Rudder Building at 1019 Brazos Street.
As with leases and royalties, the Railroad Commission cannot advise you of the soundness of a particular investment or help you recover your investment.
No doubt M2GEN is moving forward with Moffit > 9 job openings > and some look very high paying types of jobs > Clearly M2GEN is alive and money is flowing or these jobs would not be filled. Very positive news for M2GEN >
http://tbe.taleo.net/NA4/ats/careers/searchResults.jsp?org=MOFFITT&cws=1
Systems Analyst II 25049 TCC Systems Mon-Fri 8am-4:30pm 1122 M2GEN 2/15/07 10:46 AM
Sr Developer II 25049 TCC Systems Mon-Fri 8am-4:30pm 1126 M2GEN 2/15/07 10:47 AM
Sr Developer II 25049 TCC Systems Mon-Fri 8am-4:30pm 1127 M2GEN 2/15/07 10:47 AM
IT Engagement Project Manager II 25049 TCC Systems Mon-Fri 8am-4:30pm 1132 M2GEN 2/15/07 10:48
Executive Director of Operations 25052 M2GEN Mon-Fri 8am-5pm 1465 M2GEN 2/13/07 4:10
Developer 25049 TCC Systems Mon-Fri 8am-4:30pm 1128 M2GEN 2/15/07 10:47 AM
DB Analyst II 25049 TCC Systems Mon-Fri 8am-4:30pm 1129 M2GEN 2/15/07 10:47 AM
Cytotechnologist 25052 M2GEN Mon-Fri 8am-4:30pm 1268 M2GEN 2/7/07 11:10
Chief Operating Officer 25052 M2GEN Mon-Fri 8am-5pm 1213 M2GEN 1/5/07 10:43
TALBOT CLAIMED 180 MILLION DOLLAR AGREEMENT OVER 3 YEARS! WELL IT IS 3 YEARS LATER?! NO 180 MILL NOT EVEN THE 44 MIL CLAIMED IN FIRST YEAR!? CLEARLY MSITF ISSUES FALSE MISLEADING PR IMPO - IMO
VScan Rapid HIV Test Kit Distribution in China Through a 3 Year US$180 Million Agreement
Medical Services International Inc. (Pink Sheets:MSITF) is pleased to announce that its distributor for Southeast Asia, Tagalder Asia (see press release dated June 11, 2002 by MSITF) has signed an MOU with Shenzhen Niumanchiang Bioengineering Incubator Co., Ltd. to distribute the VScan(TM) Rapid HIV Test Kit in the Chinese market.
Shenzhen Niumanchiang is a biotech company located in the Shenzhen, China. This company is led by Prof. Niu Man Chiang in partnership with the Chinese Agriculture University and the Institute of Agriculture in China.
According to the terms of the agreement, Tagalder will be able to distribute VScan(TM) Test Kits valued in excess of US $44 million in the first year and a total of US $180 million over three years. The complete text of this announcement is available on Tagalder's web site www.tagalderasia.com
Robert Talbot states, "Over the last year we have been shipping significant numbers of the VScan(TM) Test Kits throughout the world for testing purposes and registration. As the independent testing showing how accurate and versatile that the VScan(TM) Test Kits are and registration is completed in the various countries, the Company feels that its other distributors will also begin signing agreements for the VScan(TM) Test Kits. Each distributor has minimum yearly quotas to reach in order to maintain their distributorship."
CEO TALBOT:#1 gauge of future performance is past actions
Link:
http://www.canadianbusiness.com/article.jsp?content=41469&page=1
As early as 1994, Talbot was chairman of Trac Industries Inc., a Pickering, Ont.-based industrial products company listed on the Toronto Stock Exchange. A collection of small businesses, it was delisted by the TSE because it failed to meet listing requirements and ended up on the over-the-counter Canadian Dealing Network (CDN). In 1994, Talbot incorporated a company called Hotel de Health Inc. in Alberta. The next year, Trac bought a controlling interest in that company for $1.2 million. Talbot also distributed Hotel de Health shares to individual investors without being registered and without filing a prospectus. In February 1996, after it found that Talbot had illegally distributed Trac shares, the Alberta Securities Commission slapped him with an enforcement order prohibiting him from trading any securities or acting as a director or officer of any issuing company in the province for nine months.
Talbot's history on the public stock markets is similarly controversial. In January 1998, Medical Resorts filed for a listing on the Over-the-Counter Bulletin Board in the US, which, the company explained, was quickly downgraded to the Pink Sheets "as a result of US regulatory changes." This market features small and thinly traded high-risk companies that don't meet listing requirements on larger national exchanges and often don't file audited financial statements with the US Securities and Exchange Commission. "It's the jungle," says Larry Woods, an independent technology analyst familiar with the market.
The Pink Sheets listing proved useful to Medical Resorts. In late 1999, the Canadian Dealing Network halted trading in the company's Canadian stock because of a massive discrepancy between how many shares it claimed to have outstanding and the actual number. Months later, the company claimed it was still trying to resume trading, but never succeeded. "They certainly didn't respond adequately to CDN's request for information," says Carolyn Davis, an investigator with the Ontario Securities Commission (OSC) who is familiar with the case. Talbot says his company resolved the issue with an audit, but decided not to resume trading because the CDN later merged with the Canadian Venture Exchange. "We felt that going on the CDNX wasn't going to be worth the effort, so we never bothered to file the application," he says.
A MUST READ DD PIECE ON TALBOT & MSITF:
http://www.stockhouse.com/bullboards/viewmessage.asp?no=5738171&t=0&all=0&TableID=2
Medical Services on life support, OSC pulls the plug
MEDICAL SERVICES INTL INC MSITF
VITAL SIGNS
by Lee M. Webb
Medical Services International Inc., an Edmonton-based sub-penny stock promotion headed by securities violator Robert Talbot, has been languishing at a few hundredths of a penny on the Pink Sheets in the U.S. and has not been responding to Mr. Talbot's massive promotional therapy. Among its many ailments, Medical Services faces an Alberta lawsuit from Westmount Travel Associates Ltd. over more than $19,000 worth of airline tickets. Adding to its woes, the Ontario Securities Commission (OSC) issued a cease trader order against Medical Services on Nov. 22.
Since Stockwatch last reported on Medical Services on Dec. 18, 2001, the company has issued approximately 40 promotional news releases in an attempt to revive the flagging stock. Notwithstanding that massive promotional therapy, recently being administered at the rate of one fluffy news release per day, the share price has not responded. While more than one billion shares of Medical Services have changed hands in the past seven months, the stock price has plunged below one U.S. cent and shares are now being swapped for a few hundredths of a penny.
At the centre of Mr. Talbot's promotional scheme is the company's much-hyped HIV test kit, backstopped by a sundry array of other rapid test kits, and with disappearing claims to major stakes in purported call centres tossed in for good measure. Medical Services has been touting its HIV test kits for years, in spite of the fact that the company sold its test kit subsidiary to another dubious venture in a share transaction more than two years ago. Within months of the reported sale, however, Medical Services was back to touting the HIV kits; and was soon announcing orders, forecasting production quotas, and projecting revenues.
In the early stages of the renewed HIV test kit promotional campaign Medical Services still touted its production facility, purportedly located in Anguilla where the company grandiloquently claims to have a "medical facility." The so-called medical facility is a dilapidated resort that is the subject of an ongoing lawsuit in Anguilla.
Late last year, Mr. Talbot began shifting the promotional centre of his HIV test kit touting to South Africa, claiming that the company had entered into a joint venture that included the opening of a production centre in Cape Town. Mr. Talbot claimed that the project had been endorsed by an agency of the Western Cape provincial government, which gave the venture its full support. In fact, as revealed by Stockwatch, the provincial government did not offer any endorsement at all.
By January of this year, Medical Services announced that a new player had become involved in the South African joint venture. According to Mr. Talbot, Mushroom Biomedical Systems AG, based in Zurich, Switzerland, had acquired a 50-per-cent stake in the Cape Town caper. The promotional news release proclaimed that the joint venture, which could produce as many as eight million HIV test kits per year, would result in the creation of 400 new jobs in Cape Town.
Meanwhile, Medical Services branched out in a new promotional direction, reportedly acquiring a 45-per-cent stake in a "global telecom firm," Teltek International Ltd. "Teltek is contracted by major US multi-national corporations to provide call center out-sourcing solutions and out-bound telemarketing services in the financial services telecommunications and direct response home shopping industries," Mr. Talbot reported on Dec. 18, 2001.
According to the embroidered announcement, Teltek was supposed to generate $4.6-million (U.S.) in revenue and tally an estimated profit of $1.2-million (U.S.). On Jan. 10 of this year, Medical Services announced that Teltek would be increasing the number of call centre seats by 270, bringing the total to 400 seats by February. Of course, the additional seats required an adjustment to the revenue projections, which were boosted to $9.6-million (U.S.). Oddly, Medical Services has not reported any revenue from the venture and, even more strangely, no telephone number can be found for the obscure global telecom firm.
Evidently Mr. Talbot found the call centre business, or at least its promotional value, of some interest. On July 19 he announced that Medical Services had acquired a 25-per-cent stake in another call centre operation. According to the news release, the unidentified call centre firm based somewhere in the Caribbean would generate approximately $1.5-million (U.S.) in revenue and notch a profit of $410,000 (U.S.) in the first year of operation. There has been no mention of either call centre in recent Medical Services news releases and no evidence of any revenue from them.
Mr. Talbot's diversion into call centre operations did not slow the steady stream of promotional news releases regarding the HIV test kits. In fact, the company has issued a torrent of news releases touting developments involving the test kits from virtually all parts of the globe.
"Medical Services International Inc. (Pink Sheets:MSITF) is pleased to announce that it has signed an agreement with a healthcare corporation based in the United States to supply them with a minimum of 500,000 VScan(TM) HIV rapid test kits to be used in various locations throughout the world," the company announced on April 2, neglecting to mention that the kits are not approved for sale in Canada or the U.S or any other developed country.
In a new twist, Medical Services began announcing the signing of HIV test kit distribution agreements for various regions of the world. An outfit named International Product Services LLC based in Connecticut reportedly picked up the distributorship for Europe, according to a May 30 news release.
On June 11, the company announced that Tagalder Asia, a dubious operation linked to Canada, had secured the distribution rights for Southeast Asia. That deal would lead to an absolute whopper of an announcement. On Aug. 19, Medical Services reported that Tagalder had signed an agreement to distribute the company's HIV test kits in China. According to the news release, "Tagalder will be able to distribute VScan(TM) Test Kits valued in excess of US $44 million in the first year and a total of US $180 million over three years."
The Middle East was on the block, too, with Consolidated Mercantile Consulting Group picking up the distribution rights for, of all places, Iraq. Perhaps the recent sabre-rattling over Iraq will put a kink in that development.
In October, Medical Services announced that it had signed a master distributorship agreement for the Baltics with an outfit called Minerva Baltika. The Minerva agreement was subsequently amended to include Russia, Belarus and Ukraine. According to all the news releases, evidently issued with no regard for the results of past promotional claims, it is reasonable to expect that many millions of HIV test kits will be sold.
The flood of news releases and promotional claims continued as the share price struggled to break above a few hundredths of a cent. Among other things, Medical Services trotted out a timely tale about the development of a rapid test kit for the West Nile virus and reported a sale of menopause test kits to an unidentified "pharmaceutical group" in Mexico.
While the Edmonton-based medical innovator and engine of economic growth in underdeveloped countries was busy touting all these wonderful developments, Mr. Talbot apparently struck upon an air miles scheme to help out with the travel costs. The scheme reportedly enabled him, as well as members of his family, promoters, and others associated with the company, to fly about at no cost; or at least at no cost to Medical Services or Mr. Talbot's other companies.
According to a lawsuit filed in the Court of Queen's Bench of Alberta on Oct. 17, Mr. Talbot has not paid for approximately $19,000 worth of airline tickets issued by his travel agent, Westmount Travel Associates Ltd. According to the allegations in the lawsuit filed by Dale Stengel of Westmount, Mr. Talbot and his wife, Dr. Page Edgar, Kate Talbot, their daughter, Manfred Wiedemeyer, a director of Medical Services, Bradly King, Anthanastos Terzakis, Satee Bachan, Andre Albarus, Cheyon Blackwood, and someone representing MacPherson Stetson, Medical Services auditor, all flew for free. Mr. Stengel named all of the alleged free flyers as defendants in the lawsuit.
According to the allegations in the statement of claim, Westmount advised Mr. Talbot last November that it would not provide any further services until he paid his account. Mr. Stengel alleges that Mr. Talbot subsequently provided Westmount with three postdated cheques drawn on the account of another one his companies, Anglo-Canadian Investments Ltd. According to Mr. Stengel, the cheques bounced.
"The Plaintiff says that the Defendant Robert Talbot knew or ought to have known that there were no funds available to honour the cheques and the Defendant Robert Talbot tendered the cheques knowingly to obtain further goods and services without payment," Westmount alleges.
"The Plaintiff says that actions of the Defendant Robert Talbot were intentional and fraudulent and the Plaintiff claims damages against the Defendant Robert Talbot for fraud in the amount of $19,288.89 or in such other amount as this Honourable Court may deem meet," the lawsuit states.
Naming MacPherson Stetson in the lawsuit and then serving Medical Services' auditor before serving Mr. Talbot evidently turned out to be a sharp strategic move. In spite of the fact that he had not yet been served, Mr. Talbot quickly learned of the lawsuit, quite possibly from his auditors.
Mr. Talbot is no ingenue when it comes to lawsuits; nonetheless, the fact that Medical Services' auditor, MacPherson Stetson, had been named in the suit apparently put him in a tizzy. On Oct. 24, he penned a blustery letter to Westmount on the letterhead of yet another of his companies, Medquest Inc., also named in the lawsuit.
"I have been handed a copy of your latest filings," Mr. Talbot wrote to Westmount's Mr. Stengel. "I thought after the previous false filings you would attempt to get things straight.
"I note that you have named MacPherson Stetson in the lawsuit. You know very well that MacPherson Stetson are our auditors and have never dealt with you in any capacity whatsoever. This is in fact fraud and an attempt at extortion.
"I have handed this information to our legal counsel who will be taking you to court to deal with your bogus statement of claim. Further, they have been instructed to ask the courts for costs against your company and you personally.
"Its (sic) fraud to try to collect from an entity that you (have) not supplied a service.
"Further, our legal counsel has been instructed to pay the amount of the claim against MacPherson Stetson into the courts who will hold it until this matter goes to trial.
"Govern yourself accordingly."
According to Mr. Stengel, MacPherson Stetson, and specifically Don Stetson, did make use of a $1,260.41 airline ticket ordered by Mr. Talbot and issued by Westmount. While the blustering Mr. Talbot did not pay the amount of the claim against Medical Services' auditors into court as he claimed he would do, MacPherson Stetson subsequently agreed to pay for the ticket on the condition that the firm be released from the lawsuit. Not surprisingly, Mr. Stengel agreed, collecting at least some of the money allegedly owed to Westmount.
On Nov. 21, Mr. Stengel personally served Mr. Talbot with the lawsuit. According to the travel agent, it was not a very pleasant experience. "He physically tried to throw me out of his office," Mr. Stengel told Stockwatch. "I mean physically. He was just rip-roaring."
According to Mr. Stengel, while pushing him out of the office the agitated Mr. Talbot used language that the travel agent would not even repeat. Mr. Stengel says that he was actually considering bringing a complaint against Mr. Talbot for assault because of the rough treatment.
Meanwhile, Medical Services' audited financial statements for the year ended June 30, 2002, which were due by Nov. 18, have not yet been filed. The reason for MacPherson Stetson's tardiness in completing the audit is not clear. In any event, the OSC, which opened an investigation into Medical Services three years ago, finally used the occasion of the late filing to issue a cease trade order against the company.
"The Ontario Securities Commission issued a temporary cease trading order against the company on Nov. 22, 2002, for failure to make statutory filings," the OSC advised. "The hearing will take place on Dec. 4, 2002."
Mr. Talbot fired back with two news releases of his own on Nov. 22, the first one announcing that Medical Services has "been granted a worldwide license by the United States Public Health Service for use of its reagents in a Rapid Diagnostic Test Kit for the West Nile Virus." According to Mr. Talbot, the company is working on a test kit to detect the virus in animals. "The Company believes that there will be a significant demand for a Test Kit for animals as research is beginning to show that the West Nile Virus can be transmitted to animals other than birds," the promoter claims.
In a second news release on Nov. 22, Mr. Talbot acknowledged the OSC cease trade order against Medical Services for failing to make statutory filings and then pretty much thumbed his nose at the regulator.
"The Company is required to file audited financial statements in Ontario," Mr. Talbot reported. "These statements were to be filed by November 18, 2002. The Company was contacted by the OSC and we indicated that we would be approximately 10 days late in filing. The OSC issued the mandatory 15 day temporary cease trade order. When the audited financial statements are filed in the next few days, on December 5, 2002 the temporary cease trade order is automatically lifted. The cease trade order only applies to Ontario."
In other words, apart from the now tarnished veneer of credibility once lent to Medical Services as a reporting issuer in good standing with the OSC, it is business as usual on the Pink Sheets. In relatively modest trading, the company's vital signs remain weak; with approximately 3.6 million shares changing hands Medical Services closed at five-100ths of a U.S. cent on Nov. 22.
LOL - GIVE MONEY TO CHARITY - IT IS BETTER INVESTMENT - IMO.EOM
Never got my warrants for gas leases? DID ANYONE? Now they are pumping and not only are GFCI holders footing the bill for all of this WITHOUT ANY form of compensation, The warrants deal promised were we get to PAY MORE money to get compensated for letting JD use our stock to setup the deal has STILL NOT COME TO PASS! IMPO > IMO this is total BS lie
wow check this out > CTBG dividend PRs are gone???
The PR about CTBG being spun off into TTII has disappeared > it is no longer on yahoo, otcbb.com or pinksheets.com, it used to be listed under CTB, TTII and GFCI. Now it is GONE?????
JIM DIAL CEO OF GFCI TOTALLY RIPPED OFF CTT DIVIDEND INVESTORS IMPO OF THE FACTS! NOW IT IS CLEAR THE DIVIDEND IS NOT EVEN ON ANYONE RADAR - TOTAL SWEPT UNDER RUG total > BS! IMPO
IMO
I found a copy of the PR on a business site webpage but it no longer appears when looking for quotes on CTBG, GFCI or TTII, something is up IMO
Tree Top Industries, Inc. Announces Letter of Intent with Coil Tubing Technology, Inc. to Create New Wholly Owned Subsidiary
Wednesday November 22, 1:52 pm ET
LAS VEGAS--(BUSINESS WIRE)--Tree Top Industries, Inc. (OTCBB: TTII - News) announced today that it was forming a new wholly owned subsidiary to be called "Coil Tubing Technology Group, Inc." as the first step in completing the terms of a Letter of Intent ("LOI") with Coil Tubing Technology, Inc. ("CTBG.PK") to enter into a share exchange. The LOI was executed on November 21, 2006 between TTII, CTBG and Grifco International, Inc. (GFCI.PK).
ADVERTISEMENT
The details of the LOI are being reviewed by counsel and auditors of the respective parties. Further details concerning the LOI will be released following this review.
Safe Harbor Act
WOW ORACLE > see that stuff just goes right over my head > lol > It is very good company and right priced stock - my take is the next filing will be dynamite and thus will result in new interest , valuations and higher price, I will keep eye on it and post simple short update type post in 30 and 60 days, lets see how it does.
My whole thing on finding stocks, not pinks like gfci, but real long term holds, the financials drive demand, good financials come from good product and good management, so in short that is the start, find good company with good management, selling under value, have it post good financials, creates buying demand, price goes up, I do look at charts, look for the moving averages and the right entry, a lot of stocks with good product and management are already selling at premiums and wont give you a lot of upward price movement, I look for the good products, good management, yet selling under value and wait for those good filings of financials to spark interest to move it higher, the charts come in with looking at right entry point to me...
Thanks for the reply - Happy Posting
FYI > Like I tell the newer sales guys at work > GO WITH WHAT YOU KNOW! some like charts and TA, some news and financials, but when pressed in times of decision always > GO WITH WHAT YOU KNOW!
TAs' > Please post the price of TRIB (Trinity Biotech) over next 2-3 months. I am in @ 8.00 - it broke thru 52 week high yesterday > should I SELL NOW or hold for larger gain over next 3 months? The only thing I know about charts is they look nice when u win and bad when u lose. I use them to gauge entry points and view the 5,30,200MA, IMO The fiancials and volume are what moves stock > I am saying TRIB 12.00 in next 30 days > WHAT DOES THE TA say on TRIB> I will watch it and report back. I read so much on stocks and heavy duty TA and to me it seems like total BS most of the time, it is all about financial that stem from solid products and well run companies, that in turn generate stock sales that in turn increase demand and price goes up, not sure if that is "simple TA" but I like TRIB and would love to see what some basic TA says about short term price. Ill watch it and report back.....
I have NOTHING to prove to you? I for sure DO NOT want to get involved in any type of litigation or drama, I ENJOY posting my opinions, I ENJOY the banter as it relates to the stock, not personal, and do NOT plan on making this personal and calling being chums with ANYONE on this board, It is a message board setup to post opinions, I enjoy posting my opinion, I will continue to post my opinion, I will NOT however be calling you, emailing you or getting involved in whatever it is you are trying to do...personal or otherwise Good luck, Happy Posting, No harm no foul, have a great day.
FYI> I do agree with you on the wizard issue - he sure did show up with all these aliass' at a very suspicious time IMPO
AMEN to that! I read all these posts about paid bashers, offshore hedge funds, prove u r this or that, send me your phone#, I am a single father of a 12yo son, trying to adopt another, I work in a small sector doing sales, my reputation is my livliehood, my son is my life, I for sure aint gonna mess with some freakazoid hedge fund paid shorts over a few grand in a penny pink stock. Its funny I get such a kick out of these posters going on and on that I am some paid basher or some plant from a hedge fund, it makes me laugh, but at same time I see how desperate and paranoid these guys losing all this money are getting. I for sure want NO PART of any personal drama. I enjoy posting my opinions on the boards, but I am not going to be posting my phone numbers or emailing ANYONE my address for sure. This is a MESSAGE BOARD setup to POST OPINIONS on stocks, GOOD, BAD, OTHER > If posters here cant deal with what is said w/o going nutso making attacks and demanding we post ss#s' then IMPO it is time THEY took a break and did a reality check.
TALBOT HAS PROMISED THESE SAME FINANCIAL RESULTS AT LEAST 5X IN PR OVER LAST 2 YEARS! GET A CLUE!
Strongus still blaming everyone but himself on RB. Looks like the LOBSTER call was bit premature - more like a bait bucket pick IMPO
By: strongus2004
18 Feb 2007, 02:36 PM EST
Msg. 31323 of 31325
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Ok..We have at least 3 posters who are going receive trophies for their monumental efforts via lies,deceit and fake PR..The fake PR guy is really cooked IMO..The other 2 guys are not far from notices..It will be fun to read when you get them hand delivered..
By: strongus2004
18 Feb 2007, 02:06 PM EST
Msg. 31322 of 31325
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The bashers of all shades (paid and loser for life kinds) would not accept reality that there is a big short position in this stock. They keep showing the pinksheet reported number which don't account for naked shorts(offshore and onshore). We have a huge short position and they need to cover soon..Shorties will be world of pain then..
? DNAG is a STRONG speculative BUY for next 2-3 weeks - then it will be time to re-evaluate depending on what type of disclosure we get on merk - if u think for 1 second this is a sell the house back the truck up stock u my friend are fried and need to slow down... not with what we know today... maybe in time if the disclosure is acceptable and they are able to get out from the monster bad finanacing in place but all signs right now say trade is open going back about 45 days until about 2 weeks from now, then re-evaluate, by NO means risk money you cant afford to lose because there is real chance of exactly that - LOSING - calm down dude... u need a break if u think otherwise... or u r just posting to mislead and or attack posters that bashed u personally... IMO
The past is ugly, the future is unclear, the present a trade is active and chance for profit has presented itself, dont fall in love, DNAG is NOT long term play in my book, money to be made in the next 2-3 weeks... Then time to re-evaluate a position IMPO......
If ALL shares went off at the high of today .0002 total equity traded today is UNDER $41K? T
stockboy > http://www.bradenton.com/mld/bradenton/business/16502822.htm
Posted on Sat, Jan. 20, 2007
MANATEE FIRM MAKING LEAPS AT DNA'S DAWN
Small specialty, global fame
SARA KENNEDY
Herald Staff Writer
MANATEE - For a company whose lab work regularly solves crimes, has made international headlines about Margaret Thatcher's family heritage and is poised for growth at the scientific frontier of medicine, the vibe at DNAPrint Genomics, Inc., is surprisingly low-key.
A single, hand-lettered sign scrawled with the company's name this week was the only indication it had moved during the holidays from downtown Sarasota to a larger building at 1621 W. University Parkway in southern Manatee County. The move was necessary to provide more space for its new subsidiary, DNAPrint Pharmaceuticals, Inc., officials said.
The company's specialty is human genetics and, in particular, the genome, the content of all of an organism's hereditary information. It is a developer of genomics-based products and services.
Its forensic work and genealogy tests have made international headlines in stories broadcast on National Public Radio and in publications like The New York Times, USA Today, CBS News and London's The Sunday Times.
The company's findings figure in the investigation of sensational crimes, such as an effort to capture the so-called London Minstead Rapist, a serial rapist suspected of more than 90 assaults. Scotland Yard has turned to DNAPrint Genomics for help.
"The investigation has drawn heavily upon forensic resources for psychological and geographic crime profiles," said Matthew J. Thomas, Ph.D., the company's senior scientist and manager of laboratory operations, after a trip to London last summer. Investigators used DNA information to analyze crime scene samples, but as far as Thomas knows, they have not yet made an arrest in the case.
On Wednesday, Thomas was giving a tour of his firm's bright new laboratory and discussing one of its DNA testing products - AncestrybyDNA, a kit designed to reveal an individual's family heritage.
For a $240 fee, clients can send a swab with tissue from inside the cheek that the company uses for a basic test, which pinpoints a person's genetic heritage based on four major anthropological groups: Native American, East Asian, sub-Saharan African and Indo-European. Depending on the results, additional tests may be ordered.
The tests have produced some shocking results. One of the company's tests showed that Henry Louis Gates Jr., the famous black scholar, was half white. Another showed that Carol Thatcher, daughter of former British Prime Minister Margaret Thatcher, was of Middle Eastern descent.
Each test takes a couple days of work, Thomas said.
The company, with 20-some employees spread over the United States and Canada, stays connected to its far-flung staff through electronic communications rather than face-to-face interaction, said Emanuela I. Charlton, Ph.D., who works in customer service.
It has employees in California, Pennsylvania, Colorado and Toronto, she said, adding that it also owns a percentage of a German company called BioFrontera.
Richard Gabriel, DNAPrint Genomics' chief executive officer and president, who accepted shares of stock instead of cash compensation when he was hired in 2002, lives in Boston. Gabriel hired the company's chief medical officer and chairman of the board, Hector J. Gomez, M.D., Ph.D., who resides in Tampa.
The company's annual revenues are in the $3 million range, Gomez said in a phone interview from Tampa. He said the money the company earns is sufficient to operate its labs, but acknowledged wearily that he is "in the process of raising money all the time" for research and development.
During 2006, the company invested almost $3.2 million in research and development and $133,000 in patents to protect its technology rights, according to material the company provides investors.
Gomez said he expects the new subsidiary, DNAPrint Pharmaceuticals, Inc., launched in October 2005, will help its bottom line. It will be ramping up in the company's new quarters and the technology Gomez expects it to develop would cut by half the 12 years and $800 million currently necessary to develop a new drug.
"Now, with this technique, we can reduce the time of drug development by at least half to six years and decrease the cost by a significant number because we're minimizing mistakes," he explained.
It will attempt to design drug regimens that go beyond the one-pill-fits-all concept.
"With this technology, pharmaco-genomics, it allows us to take a sample of DNA from any patient and in the lab predict response - who is going to respond well, who will have side effects. Obviously, we can do that then by maximizing the efficiency of the drugs and minimizing the side effects, based on the person's genetic makeup," Gomez said.
Both Gomez and DNAPrint Genomics will also be part of a massive research initiative announced last month by the H. Lee Moffitt Cancer Center & Research Institute of Tampa. The center said it would partner with an affiliate of Merck & Co., Inc. pharmaceutical company to expand biotechnology research with the goal of developing personalized medicine.
Merck and Moffitt will form a for-profit company, called M2GEN, that will develop personalized cancer treatments using a patient's genetic profile.
Researchers plan to compile a database of tumor tissue and other medical information to determine why some patients respond to a treatment and others do not. The database could grow to more than 30,000 patients within five years, officials said in announcing the partnership.
"For a look at future, in 10 years, I believe you'll have (something similar to) a credit card in your pocket with all your information. It's your genetic makeup and the doctor will look at it and prescribe the medicine for you," said Gomez. "We are very excited about this."
DNAPrint Genomics was founded by Tony Frudakis, Ph.D., and acquired by another company in 2000. In 2001, Frudakis teamed with other scientists to develop new genomics products with consumer, forensic and pharmaco-genomics applications, according to Securities and Exchange Commission documents.
Since then, the company has acquired several other firms that brought scientific assets with them, such as Kenna Technologic Inc., which develops software for building computer models that mimic biological systems, and Ellipsis Biotherapeutics Corp., which specializes in genotyping and can analyze human, plant and animal tissue, SEC documents said.
Last year, the company entered into an exclusive license agreement with Harvard College at Harvard Medical School, for research and development of a diagnostic test that would identify those at risk of developing vascular diabetic complications, SEC documents reported.
Looks like strongus is getting nervous on RB > GFCI lobster is turning out to be cut bait>
By: strongus2004
15 Feb 2007, 01:58 PM EST
Msg. 31168 of 31215
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Attention every one : Whoever posted that fake pr about sec investigation will be 'cooked'. I guess he was thinking
he hide behind ip address. Not any more..Legal notices are fun to read..Trophy time, trump..LOL
By: strongus2004
15 Feb 2007, 02:05 PM EST
Msg. 31169 of 31215
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GFCI : More than 30 million shares total short for GFCI according to the buyins.net report I bought from the buyins.net CEO Tom. The end game is near for shorties..Shorts are on notice here..
From TODAYS 13G filed with SEC >
Based on 33,901,215 shares of common stock par value $0.0001 (the
"Shares") outstanding of Windswept Environmental Resources, Inc., a Delaware
corporation (the "Company") as disclosed on the Company's Quarterly Report on
Form 10-Q for the quarterly period ended September 30, 2006. As of December 31,
2006, Laurus Master Fund, Ltd. (the "Fund") held (i) an Amended and Restated
Secured Convertible Term Note in the aggregate principal amount of $5,942,175,
which is convertible into Shares at a conversion rate of $0.09 per Share,
subject to certain adjustments (the "Term Note"), (ii) warrants to purchase up
to 13,750,000 Shares at an exercise price of $0.10 per Share, subject to certain
adjustments (the "Warrant"), (iii) an option to purchase up to 28,895,179 Shares
at an exercise price of $0.01 per Share, subject to certain adjustments (the
"2005 Option"), (iv) an option to purchase up to 11,145,000 Shares an at
exercise price of $0.01 per Share, subject to certain adjustments (the "2006
Option") and (v) 2,611,111 Shares. Each of the Term Note, the Warrant, the 2005
Option and the 2006 Option contains an issuance limitation prohibiting the Fund
from exercising those securities to the extent that such exercise would result
in beneficial ownership by the Fund of more than 9.99% of the Shares then issued
and outstanding (the "Issuance Limitation"). The Issuance Limitation may be
waived by the Fund upon at least 61 days prior notice to the Company and, with
respect to the Warrant and 2005 Option only, shall automatically become null and
void upon the occurrence and/or continuance of an event of default (as defined
in and pursuant to the terms of the applicable instrument). In the case of the
Term Note and the 2006 Option only, the Issuance Limitation shall also become
automatically null and void following notice to the Issuer of the occurrence
and/or continuance of an Event of Default (as defined in and pursuant to the
terms of the applicable instrument) or upon receipt by the holder of a Notice of
Redemption from the issuer (as defined in and pursuant to the terms of the
applicable instrument). The Fund is managed by Laurus Capital Management, LLC.
Eugene Grin and David Grin, through other entities, are the controlling
principals of Laurus Capital Management, LLC and share sole voting and
investment power over the securities owned by the Fund reported in this Schedule
13G.
I like the angle of the pharma tech > I like the pipeline and the products > However I dont want to get into the "long term" holding of this stock right now. The past is the past and it has issues the future is the future and it does look bright, yet it as well has issues, here and now the trade is alive and that is my focus right now.
Very interesting article >
I am in DNAG to make a profit, prefer quick one, I am not into the details of every bad move this stock made 3 years ago or the way the R/S killed investors "last time".
This article is exactly why DNAG is a buy at these levels leading up the m2gen announcements.
From the article >
Five years later, Bayer spent $465 million to get access to the genetic library being assembled by Millennium Pharmaceuticals. Neither collaboration has led to a marketed drug.
Good, Bad, or scam, the association with Merk will fuel this stock higher leading into these meetings, this trade is ALIVE and it will push price hiher as we get closer and news gets out. Should Merk and or Moffit further mention DNAG Drs or the company directly being associated it will rocket on the spot. Again good, bad or scam, it has play, trade is active and alive right now. These drug companies spend BILLIONS of dollars and they will spend half billion for NOTHING - does anyone understand how 100 million colab investment with merk will impact DNAG?
IMPO
I think they realized lawsuit would get them nothing. GFCI has nothing to latch onto that is not leveraged with liens etc... IMO
So they realize lawsuit will definetly sink stock lower, They make unholy alliance to pump and try to dump at less of a loss.... IMO it is clear they knew lawsuit would not work for numerous reasons and the only chance was to pump it up.... IMO