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GUYS LETS ALL TAKE A STEP BACK AND LOOK AT THE CHOICES
1/ we either vote against the deal and let LANZA unleash his 130 million shares on to the market and drive the price down
then go through the process of litigation,that will take years of frustration
OR
2/ Let the deal go through and say by by to LANZA and his cronies
and in doing so the new funding will take all his Black Dragon toys off him ,including any shares held
probably like most other violations, the SEC will just turn a blind eye ans say lets draw a line under this one
Ben, Is Lanza selling those shares on the open market ahead of him being closed out of the company
The summit guys have said that the funding company, have been pouring over the books for weeks, so they must have a good insight into the company by now
True , but when Lou and his group say they are going to stand a side and let this deal go through, Lanza will have nothing to worry about next week, also there is no mention in any proxy about voting a BOD in or out in next weeks meeting
I think joe Lanza's family are selling into this rise in the PPS ,because someone is off loading in chunks
spunky, how can we vote them in if summit hold 51% of the shares
I understand they they have spoken to the summit team and are satisfied (as much as you can be) that the details are correct in the recent pr's
They have suspended any further court action and are going to the shareholders meeting instead
Talk about water ,the only thing the CEO bought for Christmas was a printing press
I have just been told that they will not be opposing the move
Spunky,
is this for real FBI AGENT and Summit
If so then we know where we stand there. It looks like the deal is done and dusted.
I wonder if Lanza is selling into all this buying ,the patterns look strange
spunky ,do you have any DD on Summit and is range resources connected to this deal
LOOKS LIKE YOU MIGHT BE RIGHT DRAGON YOU HAVE SCARED OFF ALL THE INVESTORS WE ARE HEADING DOWN BELOW 0.09
Talk about a MESS, I for one have never seen anything like it .People being put into place by Lanza before the shareholders meeting ( which will be a farce) .Add to that this rise in volume and PPS ,can anyone make any sense out of it
Fraseriv,
Not that I wouldn't welcome over $1 ,what makes you so sure. This stock is notorious for its wild swings many of them down
What is the opinion of the group on the size of the first BCLOC do people think this will lead to big kick up in the PPS
Spunky, Everything you say makes sense, I for one made a nice little profit out of this run. My thinking is when you look at where we are with these PR's nothing would suprise me ,even a correction back to the lows in December
The only thing that puzzles me is the silence from IHUB, this activity is some where off these boards
If you look around the IHUB board there is hardly any mention of BDGR so it isn't being pumped. SO WHO IS BUYING?
Who the heck is buying all this stock,Im sure its not the majority of those on this board
Guys what are we seeing here in the PPS. Is this the long awaited
rally or just a weekly daytraders run
Which ever it is we have not seen this type of action for a LOOOOOOOOOOOONG LOOOOOOOOOOOOONg time
cashflo, I to have just returned to this great news, looks like we are about to leave port with this company at last.Strange goings on with the PPS though.Maybe we will see a run up to the 22nd.
Many on this board have been long on this stock for months if not years , has BDGR attracted a new fan base
Sheff, First Independent Financial Group and HCPC are effectively the same company. The funding for the first BCLOC is in fact from a number of investors, who will be buying an office block in Wilmington,that is if everything thing goes to plan. We all know what plans are like
I can only go on what the CEO of the company told me. I like you will be suprised if we dont hear anything this week
cappy, thanks for the PM could you send me an email address and I will send you some info
cashflo ,my understanding is that they will use part of the revenue from each loan closed to buy back stock
Soup in reply to your message , The volume over the last 5 days suggests mayebe more
Weatherbill, If they close the loans and prove the business model, cetain people here will make unreal gains.This could ( as others have stated ) be the biggest stock of 2008. Think of where this could run if it starts generating big revenues
Bagfull, Knowing what I know I find the whole volume thing puzzling.The volume has been flat for months and suddenly we have THIS.
Nearly 2 billion shares changed hands in the last 5 trading days. Please someone tell me this isnt all day trading
Guys ,I am getting a lot of PP's asking me to give more details of what we may see this week. What I will say and hopefully this may well be relayed this week is as follows. The company is close to closing its first deal, however the sum is modest, but it is not the size thats important its the fact they they can close a deal using this business model which is more important.Even a modest sum will generate revenues, which will the draw attention of other investors. I hope the news this week will give more details on where we are with this first BCLOC and or other business
Guys ,I am getting a lot of PP's asking me to give more details of what we may see this week. What I will say and hopefully this may well be relayed this week is as follows. The company is close to closing its first deal, however the sum is modest, but it is not the size thats important its the fact they they can close a deal using this business model which is more important.Even a modest sum will generate revenues, which will the draw attention of other investors. I hope the news this week will give more details on where we are with this first BCLOC and or other business
Whats really strange in all this volume is how much is accumulation and whats day trading. The patterns suggest a lot of day trading ,but not all.
We will certainly here something this week.
Not to appear to patronising ,but I was invited to invest in the first Bcloc and had all the documents sent by the company. Furthermore I have regular contact with the CEO
True ,that was my thinking, paticularly around the closing of the first BCLOC
We had a long chat on fri. They intend to to use some of their upcoming revenue to buy back some of the shares
They will be buying but not at this time