Are we there already??
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Interesting to see ARCA increased his bid to 60,000 @ 0.14 but still building mini walls on the ask at 0.18 next 0.20 and 0.21
Thx TSG...and I did hit ya back...out on the course tomorrow for a friendly competition with a neighboring club..so keep her steady on a heading north!
p.s. Grawsha needed a mark as well for his charting work..done!
O heck..cried victory too soon.. ARCA is back in the house. Must have slept in...
Bundle..telling me I make a ridiculous prediction...coming from you with your history on this and the Yahoo boards...is, to say the least, chutzpah.
Please give your attention to other boards, where you are less known
5!!! that entitles me to 5 cold ones..I have to select them from the over 300 different local brands...and they are all good....comeon over guys...its worth a trip. Some are still brewed by Monks in old Monastries and I warn you they are 12 to 15% alcohol contents(does that make them 24 to 30 proof?)in your system?
Anyway thx for the marks..appreciate it
Looks like ARCA has finally left us..both on the bid and ask...me likes
Two person marks says it all for you DGILL.
Now what Prophet..I only got 2 person marks also..are you trying to tell me sumpin? LOL
Dont even reply to DGILL...look at his older posts and you know what he is about.
Have a nice w/e all
we will not see 0.04 any time soon..not as long as LTCO & company have to dump zillions of shares still.
But hold on to your hats, once they are done dumping
or yet another way around..I am a financier and I just converted 4 million shares for 0.01..I would be happy to sell them pre- or after market to a MM of choice for way below market, say 0.045(like this a.m.) and still walk away with a handsome $140,000 profit.
And while I was a bondholder, I received nice interest..all in all pretty nice set up..what say..
The MM in turn will sell somewhere around 0.076 and walks away with a handsome profit too...
yes JIgsup..they are your friendly financiers shorting the heck out of it, well knowing that they can buy shares by conversion for 0.01 and cover their shorts.Easy money....and lots of it over the backs of gullible longs
As long as we see LTCO on the ask, the dilution will go on by the millions.
would..if I could..but no more free cash.Sitting on a truckload...and can wait it out.
Once more ARCA is blocking us and want us down to 0.14 where they post their bid for 55,000 shares after 5000 @ 0.1475
All day long my Time&Sales indicator gives the weirdest corrective trades..as if the MMs are cleaning house
on the way up..we will have to deal with that pest and stand-in- the-way ARCA, who have consistently tried to step trade down.
So far they have not succeeded very well
apologies for double post
New Energy Systems Group Appoints Leading Industry Executive as Independent DirectorLast update: 4/29/2010 8:00:00 AMNEW YORK and SHENZHEN, China, April 29, 2010 /PRNewswire via COMTEX/ -- New Energy Systems Group (NEWN), a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems, today announced the appointment of Mr. Rongqi Dai as a new, independent member of the company's Board of Directors. Mr. Fushun Li, Chief Executive Officer, commented, "The Board and management are committed to building a talented and well-rounded leadership team that will support the next phase of our growth following our recent acquisitions and vertical integration. We are extremely pleased to welcome Rongqi who brings decades of hands-on experience growing successful companies. In particular, he has extensive experience in the portable electronics industry, including highly successful product launches for a variety of consumer electronics products. His experience will be extremely valuable as we grow our direct-to-consumer business and continue to position ourselves at the forefront of the lithium ion battery market." Rongqi Dai has successfully built and led a variety of companies within the consumer electronics market. Since 2003, Mr. Dai has served as Executive Director of CEC Shenzhen SED Electronics Co., Ltd., with full responsibility for sales and marketing of the company's mobile phone accessories. CEC Shenzhen SED Electronics is focused on the Chinese mobile phone handset market with annual sales approaching RMB $500 million. Previously, Mr. Dai served for seven years as President of Shenzhen Qianhao Communication Electronics Co., Ltd., a subsidiary of Shenzhen Zhongfa Electronic Co. Prior to that, he served for seven years as President of Shenzhen Zhongfa Electronic Co., Ltd., which is affiliated with the China Electronic Appliance Corporation, one of the three largest state-owned trading companies in the electronic industry in China. There he was responsible for R&D and marketing a variety of GPS products. About New Energy Systems Group New Energy Systems Group is a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems for mobile phones, laptops, digital cameras, MP3s and a variety of other portable electronics. The company's end-user consumer products are sold under the Anytone brand in China, and the company has begun expanding its international sales efforts. The fast pace of new mobile device introductions in China combined with a growing middle class make it fertile ground for New Energy's end-user consumer products as well as its high-powered, lightweight lithium ion batteries. In addition to historically strong organic growth, New Energy is expected to benefit from economies of scale, broader distribution, greater production capacity and higher profit margins in 2010. Additional information about the company is available at: . Forward Looking Statements Except for the historical information, the matters discussed in this news release may contain forward-looking statements, including, but not limited to, factors relating to future results. These forward-looking statements may involve a number of risks and uncertainties. Actual results may differ materially based on a number of factors, including, but not limited to, uncertainties in product demand, risks related to doing business in China, the impact of competitive products and pricing, changing economic conditions around the world, release and sales of new products and other risk factors detailed in the Company's most recent annual report and other filings with the Securities and Exchange Commission.
For more information, please contact: Crescendo Communications, LLC David Waldman or John Quirk Tel: +1-212-671-1020 Email: newn@crescendo-ir.comSOURCE New Energy Systems Group Copyright (C) 2010 PR Newswire. All rights reserved
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I have forwarded my open letter to Blue Gem as well
Open letter to the Sepe Brothers:
"Comeon Messrs Sepe..hurry it up and speed up the official paperwork!
For now, we are all invested in an empty shell company, which holds the exclusive worldwide distribution rights for the Title Sports drink....but, but its success is not as yet visible on the balance sheet.Messrs Sepe do not leave your flock of loyal followers/stakeholders dangling in the air much longer and finalize the transition NOW!!
I am getting a trifle impatient with the both of you...
sincerely,
vawedo, a european shareholder"
Cartsoon...This may be part of the preparation for the transfer of Title Distribution into Blue Gem.
Title Dist may have its own registered accountants and one of the 2 accountancy companies had to go.
Just an educated guess...however I do not like the reference to the "on going buisiness"...that is never a good thing.
It really is about time we get more insight into the final corporate structure and the 2 Sepe Bros should inform their loyal shareholders which way the ship is sailing.It is all taking too long!
Form 8-K for BLUE GEM ENTERPRISE
27-Apr-2010
Changes in Registrant's Certifying Accountant, Financial Statements and Exhib
ITEM 4.01. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Effective April 20, 2010, the client auditor relationship between Blue Gem Enterprise (the "Company", "we", and "us") and LBB & Associates Ltd., LLP ("LBB") was terminated as LBB resigned as the Company's auditor.
LBB's report on the financial statements of the Company for the fiscal years ended May 31, 2009 and 2008 did not contain any adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles except for a modification with regard to substantial doubt about the Company's ability to continue as a going concern.
During the Company's two most recent fiscal years ended May 31, 2009 and 2008, and the subsequent period through the date of the resignation of LBB, April 20, 2010, there were no disagreements on any matter of accounting principles or practices, financial statement disclosure, or auditing scope of procedure which disagreement(s), if not resolved to the satisfaction of LBB, would have caused it to make reference to the subject matter of the disagreement(s) in connection with its report as described in Item 304 (a)(1)(iv) of Regulation S-K.
There have been no reportable events as provided in Item 304(a)(1)(iv) of Regulation S-K during the Company's fiscal years ended May 31, 2009 and 2008, and any later interim period, including the interim period up to and including the date the relationship with LBB ceased.
The Company has authorized LBB to respond fully to any inquiries of any new auditors hired by the Company relating to their engagement as the Company's independent accountant. The Company has requested that LBB review the disclosure and LBB has been given an opportunity to furnish the Company with a letter addressed to the Commission containing any new information, clarification of the Company's expression of its views, or the respect in which it does not agree with the statements made by the Company herein. Such letter is filed as an exhibit to this Report.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit Number Description of Exhibit
16.1* Letter from LBB & Associates Ltd., LLP
I removed the last entry for spamming..this is the BGEM board
To know the answer to your question: "how many shareholders"you would have to call the CFO. He knows the exact number of shareholders on record at any given time.
I hold 160,500 shares
According to Yahoo Finance we have a float of 20.8M shares
http://finance.yahoo.com/q/ks?s=BGEM.OB+Key+Statistics but Yahoo is not always correct and I am too tired(midnight here) to look up the correct float in the latest Q-10 ;))
My "guess" is that so far all revenue(and expense) has been booked under the Title Distribution Company,and will continue to be booked as such, until the 2 brothers have sorted their share holdings in the new company BGEM, which will absorb the Title Distribution Company.
At that time we will see all revs transferred to BGEM.
What we see in the 10-Q is the old BGEM mineral mining company, which of course is inactive and has no revs to report and is just sitting in a holding pattern, waiting for its new purpose in life.It has been given a small loan by the Title Bro, so as to be able to pay certain bills.
I hope Susan will arrange for some news release to clarify one thing and another
As far as going National is concerned,I believe this is still a few years out.They will have their hands more than full, just covering the S.Georgian and Florida Markets.If they do it right, they will make bundles of money soon enough...certainly enough to make me plenty money as their stakeholder.
my time&Sales window indicates 22500 shares traded, but it seems we only traded 12,750.
Are all those extra ones corrections?Someone notice the same phenomenon?
some trader is daytrading this one through the ARCA platform and standing in our way @ 0.195
To see the ARCA book go here http://www.level2stockquotes.com/level-ii-quotes.html
use the Java Bookviewer 1 button and then change yahoo to BGEM
Thx Cartsoon..very helpful
ARCA offers out 4.900 shares @ 0.1895..next PERT @ 0.20
Snap them up!!
nice charting Thx keep us posted from time to time as you are a source of good info!!
so why did you not say so in the first place LOL LOL
Just yanking your chain..thx for that addition to my post
0.15 was the 62% Fibunaci retrace..now that that is out of the way...lets move on
Did you get in touch with Bob..if not, try and obtain his email address, so I can send him a note. TIA
I only see 5 MMs and ARCA in my Lvl2 window..wazzup with that??
loads of boiler plate statements...safe harbour et al but surprised they have no revs..cannot figure that one out yet
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6896556
noteworthy:" The Chief Executive Officer of EBC is Kevin Sepe, the brother of the Company’s Chief Executive Officer and majority shareholder, Allan Sepe. EBC and Kevin Sepe have advanced us funds from time to time, which funds totaled $41,268 as of February 28, 2010, and are payable on demand, unsecured, and non-interest bearing."
I see no reason to bail..I will hold my stash!!
oooops sorry...my emotions ran away with me...overly enthused.This corrects a double posting
what a sight for sore eyes...I just got home from work and my entire watchlist is a deep colour red...with the exception of our little gem!...and there is certainly more to come if the market turns back up a bit
Yeppers P. ----->Brussels next LOL
It be nice if we could punch through the MA(50) @ 0.185 today or else tomorrow and proceed further North next week with the launch of the TV campaign.
yes...17 was hit for 20.000 shares, however it is also the top Bollinger Band and it may bounce its head there for now...all other signals look good for days to come
http://stockcharts.com/h-sc/ui?s=BGEM&p=D&yr=0&mn=3&dy=0&id=p32897990710
Hello gang! I am out a lot these days working...so am not around to post.
Action must be around the corner, since the ARCA level2 window is now filled at all levels up to 0.38 and it has not been until now. Good sign...