Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Not much experience charting either. Both your analysises where very good. On my end, other than seeing macd positive, trend reversal...consolidation at bottom and awaited news released, I not banking on .75 but I do see some money being made from current buy-in levels. I'm in at .00215. Another thing to watch closely if you have it is level 2. When I enthusiastically bought in, one could see heavy mm hanging around the .0016 level...i figured with my luck if I put a limit versus a market i'd miss out. What do ya know...we went as low as .0015 after the surge. Feel good about my buy though. Done much dd and there's a lot going on that should bode very positively for recent shareholders.
take care all.
tbb
Is anyone on this board associated with Sterne Agee & Leach Inc.
tia.
tbb
Has anyone checked with the DTC or SEC...whomever could disclose whether we will resume trading on Thurs?
"ad hoc"...random communications. "ad hoc solutions formed or used for specific or immediate problems or needs.
MIVT...does anyone have any insight here? Very EXECITING things seem to be happening for the company. Have had several investment mags mention the HUGE opportunity this company represents for investors and patients....
tbb
Who the heck cares on the date...the article still might be of some consequence in the SEC making right by the BCIT shareholders, if it can be proven that this guy has been out there defrauding investors for years and NO one has done anything about it.
I'd say "c'mon" about jailing Martha Stewart over this guy!
Surely your not discounting the article...
Mario Pino - Mellon Research - Wall Street Securities - Nicolaas Johannes Botha Ripoff Was responsible for theft of $320,000 in Australia Phoenix Arizona
Company
Mario Pino - Mellon Research - Wall Street Securities, Inc., Nicolaas Johannes Botha
Address:
2415 E. Camelback Road, Suite 700
Phoenix Arizona 85258
U.S.A.
Phone Number:
602-912-5860
Fax:
I want to put out there information on two crooks operating out there in the financial services arena, Mario Pino & Nico Botha. Although I don't have any detailed information on Nico Botha due to his residence outside of this country, I do have information on Mario Pino. I stumbled across a story about him and was amazed to see him actually being put out there as a legitimate enitity now.
I met Mario Pino back in 1997 and he said he could assist me in finding funding I was looking for for an overseas project. He connected me with a man in Australia by the name of Nicolaas Johannes Botha. To make a long story short, Nico, masquerading as an international financier, was in business solely to steal large amounts of money from unsuspecting and unsophisticated persons such as myself, at that time. Mario was one of his conduits for bringing sheep to the fox. Nico was arrested by the Queensland Police Service in late 1997 and spent approx. 2.5 years behind bars and then was extradited to his home country of S. Africa. I lost $320,000 and a person I met during the court proceedings lost just under $100,000. The Qld Police flew me, and two others, out twice to testify against Nico
It was estimated that in the years Nico had been doing this, he amassed over $10 million dollars. Percentages were paid out to people like Mario for their assistance in the con. For some info on Nico that I found on the net
Now this is where things get interesting. I stumbled across Mario's name while doing some research recently and was amazed to discover that he was now trying to make a name for himself in legitimate business circles, at least so I thought. To see this guy that set me up for the kill, and who I went to the FBI on with no result, now representing himself as a legitimate financial player really ticked me off.
I studied his Mellon Research Website and also the Wall Street Securities website and laughed at the fact that they are identical.
I have come to the following conclusions:
1. Mario is still in relations with Nico Botha. The financial forms used in previously linked website are almost identical to the ones used when I was dealing with Nico.
2. Mario is trying to look legitimate while still doing devious and unethical practices. Why else would he use well known names such as Mellon Research or Wall Street Securities...to give folks a false sense of security. I truly believe as well that the vast majority of the press releases he sends out are manufactured to keep folks on the hook.
Do not do business with this man or you will get burned!
For the benefit of others,
Barry
xxxxxxx, California
U.S.A.
Article re: M.Pino I found "googling" Worthwhile READ!
http://www.ripoffreport.com/reports/ripoff120932.htm
Mario Pino - Mellon Research - Wall Street Securities - Nicolaas Johannes Botha Ripoff Was responsible for theft of $320,000 in Australia Phoenix Arizona
Company
Mario Pino - Mellon Research - Wall Street Securities, Inc., Nicolaas Johannes Botha
Address:
2415 E. Camelback Road, Suite 700
Phoenix Arizona 85258
U.S.A.
Phone Number:
602-912-5860
Fax:
I want to put out there information on two crooks operating out there in the financial services arena, Mario Pino & Nico Botha. Although I don't have any detailed information on Nico Botha due to his residence outside of this country, I do have information on Mario Pino. I stumbled across a story about him and was amazed to see him actually being put out there as a legitimate enitity now.
re: KOCH's pr information....
Something that I'm interested to know but was not included in Koch's contract announcement is the number of projected cd's they expect to release by the year's end. OR did I miss that information. "KOCH will utilize the technology on upcoming releases from BG, D-Block, Black Ice and M1." These 4 are all I saw....Hopefully it's many more than just 4 new releases.
tbb
mesh...you are too cute and funny! Very good!!
My point is this: There are too many "active" mm's hanging down at the .02 level....I honestly don't think the way this stock pps trends has anything to do with book value. It does have to do new emergent trading ranges and the newest range appears to be .02-.03. Once .02 is clearly established, unless pj finalizes the merge and other positive developments are announced by beings other than the company itself, my bet is a new, lower range will emerge. Then the question becomes..."when do folks stop averaging down"? Clearly the only new investors would be "day traders" which imo...we don't want. We've all waited too long for this stocks pps to rise and sustain itself on substance and new developments NOT day trading hype and enthusiasm. I'm not looking for the return on a buy at .01 and a sell at .06...I want much much more than that!
tbb
Collin...thanks. Have a great week. tbb
sahd...good support at .025 developed on the bid tape. Still too many mm hanging down at .02 for my comfort level. If we go down to .02 the problem is "no holds barr" for continuing lower especially if the merger finalization hasn't been definately stated by PJ and possibly a contract announcement with BMG. Honestly I sometimes question the whole manipulation of these two stocks. The powers of be "whoever they may be" could be deliberately taking mmxt below scmi as a means to increase from the originally state 1:1 swap. If mmxt is trading at .02 and scmi at .03 they have to honor a 1 1/2:1 just for scmi shareholders to keep they're equity at time of the merge whole...correct?
Hey...have a great one!!
tbb
sahd...Good Morning!
Do you subscribe to alphatrade's level2?
W/O seeming to start the week on a pessimistic note...I seriously hope KOCH and other reputable newswires put out some verbage on scmi/mmxt...QUICK. According to level 2 mmxt is more likely than not going to see .02.
Enjoy the day...especially the OBTV ride.
tbb
EXCELLENT news tdj!!!
Frustrating that mm instead of shareholders and company progress are driving this stock. PJ needs to get back in the driver's seat...imo
Agree completely to your earlier statement.
tbb
Pathetic! L-2 indicates mm looking to see .02...that pps seems to be where the fisherman are "bobbin" for the fish....
Come on scmi/mmxt....hook a big one and share!
thanks agape....
"the greys" unbelieveable. Once on the greys how does a stock move back up to the prestige of the "pinks"?
thanks.
Suspension lift....are we all fairly certain that BCIT will resume trading again on the 15th or so?
TIA
This guy sure is "ballsy"!
Good post Susie...Important elements of trading to ALWAYS remember...thanks for sharing.
Good morning all!
SunnComm Announces Revolutionary New Hybrid DVD/CD Entertainment Technology
http://biz.yahoo.com/pz/050907/85461.html
tbb
thanks for the welcome rd....hoping we have seen the bottom.
take care!
Haven't had ANY trades for over and hour and a half. Find this unusual being the mmxt vol. was traded such strong volume at the start of the day. Are we halted?
mmxt did not go under .03 as stated earlier...we're actually trading double the average 10d volume of over 500k shares so far. This is fairly substantial volume for this stock...imo
tbb
Question for the "pros".....
What happens "when" the merger does go thru and mmxt is trading significantly less than scmi?
IMO is looks like mmxt is going to see .02 before it's all said and done.
We'd need to get MORE than a 1:1 stock swap in order to remain "whole"....correct?
TIA
tbb
Mario...Welcome back. I hope all is well with family and friends. tbb
berto....are you freakin serious....no less than 10 dollars, this will go like spea"....WOW....you banking on a REAL BIG homerun...glta!
Arabian Recab for Trading Co., Reality Wireless Networks' Merger Partner, Announces Major Quarry Acquisition
Tuesday September 6, 10:01 am ET
GIG HARBOR, Wash.--(BUSINESS WIRE)--Sept. 6, 2005--Arabian Recab for Trading Co. ("Recab International"), the merger partner of Reality Wireless Networks, Inc. (OTCBB:RWNW - News; "Reality") announced that its mining division ("ARCO-MINE") has acquired a business that operates one of Saudi Arabia's major granite quarries. Recab International anticipates generating $7 million of annual revenue from this acquisition.
ADVERTISEMENT
The quarry acquired has one of the most internationally sought after quality and color of granite called "Najran Brown." This type of granite is only available from Saudi Arabia and there is a perpetual shortage internationally of this quality leading to high selling price and one of the best returns in the business.
Recab International plans to increase the present production rate of this quarry threefold to over 10,000 cubic meters per annum, which will reduce the per unit production cost and increase the profitability. The current export price of the Granite is about $700 per cubic meter (with current costs of approximately $250 per cubic meter). Demand for the granite comes primarily from Italy and China.
Recab International anticipates a $3.3 million profit to be generated from producing 10,000 cubic meters over a twelve month period.
Factory
ARCO-MINE has also acquired a marble and granite cutting and polishing factory in Jeddah, Saudi Arabia. This factory currently has a capacity of producing 2,000 square meters of granite and marble. It is expected that within a period of 6 months this capacity will be expanded to 6,000 square meters.
The end product of this factory, which is "Fabricated Granite and Marble" (polished and cut to size slabs and tiles), is exported mainly to the Unites States and Canadian building market. The local market for slabs and tiles in the Arabian Gulf area is also very strong due to the construction boom in the Middle East.
legaltx...""Only intuition can save you from the most dangerous individual of all, the articulate incompetent." Oh, how very very wise.
thanks again.
tbb
Dexx....
Thank you for the great explanation. I guess at this point we have to all hope the "buy-in" is the SEC's agreed upon "best way" approach to handle the situation and begin to move forward allowing Megas to go back to running his company w/o all of this kaos.
Enjoy your weekend and thanks again.
tbb
legaltx...thanks for the pm. This is a very different situation for all involved....in the end we're all just speculating at this point. Some with more knowledge than others but speculating all the same.
take care to all and enjoy your weekends.
tbb
You make very good points serf.
legaltx...pardon a dumb question then...how can we compare the two and model the outcome of BCIT after the outcome of GLKC...wouldn't/aren't the two situations be completely different?
Please don't get me wrong...I am very well aware that investors such as yourself, serf, dusty, art, LUCE and everyone else know far more than I ... am just trying to get clarification and make sense of it all.
thanks.
tbb
thanks serf...
fructose...I do get what everyone is saying and am hoping it's all as easy as a forced buy-in we all refer too.
Our ability to really know the outcome seems so simple and straightforward but my gutt is telling me it's not as simple as a forced buy-in by the mm's. We've modeled the events much off of the GLKC's outcome, but that stock was never halted. Granted we may begin trading again in 10 days or so, but have you asked why was BCIT halted and the other was not.
I don't feel the certainty yet that many many others do and am NOT trying to be a downer or a doubter...
If my questions both you...just iggy me....take care.
tbb
Dexx, I'd asked a couple of questions regarding how we as shareholders go about trading out our shares. Will trading resume and we can trade out as their will be a directed buy-in effort to retrieve all of the shares...OR...how in the world w/o notifying our brokers of the forged certificates are we made "whole" again...or will we. I had many helpful posts and would be interested to know your thoughts and opinions too. Thanks for the offer of feedback.
take care,
tbb
thank you to everyone for your thoughts and comments...I much appreciate them all.
enjoy!
tbb
serfdom...I completely "hear" your point and have NOT said anything. My 3 day trading settlement has passed and the shares are still indicated to be held in the account. I am confused about the 13 day period that i've seen posted...what exactly does it mean?
Thanks for your information.
tbb