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Anybody know from Jesse what the particulars were when he got a hold of ONMC from its previous owners?
Wouldn't he need at least half the O/S to get controlling interest and ownership in ONMC. Along this line, wouldn't he need at least half to offer to Aquagold in the merger? And wouldn't Jessie want a big slice for himself to make it worth his time? I would! To me this would mean at least 60% (or more) of the O/S is in Aquagold and Jessies hands.
So it would be nice to know how many shares were inviolved in the merger agreement to Aquagold to close the deal.
Anybody know or am I way off here.
JJdivini. Earlier you posted this:
***************************************************
*** things bound to happen in the next 30 days, IMO are:
(in no particular order)
1) Name change
2) Share structure update
3) Cancellation of O/S shares
4) Filing for uplisting to the B.B.
5) More contracts
6) Company buying shares
****************************************************
Is this things you, or others here, have confirmed or are you speculating? What leads you to think there will be shares cancelled or bought back? Isn't it more realistic they will follow in other R/M foot paths and do a reverse split if they want to reduce the O/S?
I do believe your statment that we will see news when the trip to China is concluded, hopefully this week. It did say they hoped to have something on this within 4 days if the DD posted here is correct.
Thanks,
Bob
I would hope we know the answer to this chinese partnership and the details of the deal this week. There is also this little tidbit mentioned on the overview at the top of IHUB DD so graciously posted.
"The Company has spent the last four days negotiating a second distribution agreement with its Asian-based partners and anticipates closing the contract this week. The contract involves the distribution of a significant number of cases over the next five years that will capitalize on the huge demand in the Asia-Pacific bottled water market. Management will inform its shareholders of the agreement's terms and conditions as soon as the final documents are completed."
FYI, for those of us holding this thing for years, the last ONMC run went to .25, I believe, before this company folded. provided the float hasn't changed substantially in last 4 or 5 years, good news of a strong merger candidate could possibly move this into that area again.
Heres to dreaming anyway............
Doing great. Will start checking in here regularly from now on. Lets keep in touch!
HEY!
Hey Mark.
You finally get in MCON?
Watch MCON next week beach.
I talk to Hugh regularly. Valuestock will be profiling MCON next week. Things seem to finally be coming together and should start moving nicely. O/S is around 4.4M and actual trading float is something like 2.88M shares.
Keep in touch.
Hi beach. Sorry I missed your post. Wasnt sure if you were trading anymore. Are you beachtrader in some of the mirc rooms?
Mark and I have been watching MCON (I am in pretty heavily myself-200k shares to be exact). Here is a DD letter I put together.
MCON...DD Here’s one you might want to take a look at, Mach One Corporation (MCON). The company has a very small float, 4,300,000 shares and currently trades under $.10. They just announced the acquisition of a high end line of Plasma TV’s. All stock issued on the acquisition is 144 stock, non tradable for 1 year. Since all US cable providers must, by law, provide a HD signal, analog TV’s are going to become obsolete over the next few years.
On June 23, 2003 Mach One Corporation announced the world-wide, private label marketing rights to distribute and sell Plasma TV's being supplied by Global Plasma of ZhaCity, Jiangsu Province, in the People's Republic of China. Currently the TVs are manufactured at facilities in both Taiwan and Mainland China. Global Plasma is reportedly already selling $2M a month in TV's at the time of the signing.
The company plans to persue European markets, as well as, compete in the Canadian and US markets. By negotiating the rights to sell these TV,s the company has put itself in a position to grow fast with minimal overhead costs. The units will continue to be built overseas and the primary costs will be for completed units and shipping. This will allow them to offer extremely competitive pricing against current suppliers like Sony and Panasonic.
An interview is scheduled for this week to be aired at: www.microcapalliance.com
Distribution has already been set up in the European markets and the company anticipates releasing sales figures soon for this. Distribution is also being set up in US and Canadian markets. Company is also in talks to privitize this TV for several companies for sale under there own label with company logos.
With a high dollar product, relatively no overhead, and high profit margins on each unit, it wont take many sales to push the value of the shares up tremendously.
IR is at 1-604-688-2349. Please call for more information. Tell him you heard about this from Bob Kern.
Much better if you are willing to hold it for a few months IMO. I am hopeful for easy triple from here in July. Once they start releasing sales deals, with such little overhead, PPS will really improve. Add to this any exposure it gets will add volume, and it will move nicely. Dont forget float is only around 3.5M shares and most shares are in strong hands willing to hold it for the long term.
My guess, you have until middle of next week to get in under a dime. Personally, am looking to break .20 shortly thereafter.
Hope you can get in by then.
Take care. And please call beach. Tell her she can either call Merle, or me, or both.
Bob
Congratulations Mark!
You still in touch with beach? Let her know about MCON if you are. Have her call Merle and let him tell her all the details. I think she will like this one to. Thanks.
Take care.
If you are going to get in, next week may be your final chance at the price you mentioned IMO. Sounds like it will start moving pretty big first of July. Wouldn't hurt to give Merle a call this week if you get time. He can fill you in pretty good on things. Or call me if you get a chance.
Good luck.
Are you in yet Mark?
Had a very little amount of buying Friday and it moved up nicely. Getting close here.
I think that is certainly possible Mark. But neither of us can really afford to sit it out and take the gamble for that long. To many things can happen (or not happen).
Having said this, I do believe if you are going to take a position...now is the time. Risk is much lower at these levels and I do believe between now and first of July we will see some really good upward movement. Plus, recent seller brought the price down and it isnt going to take much to get it back where it was last month (which is damn near a double from here!)
Personally, I think MCON will be much more than either of us ever dreamed about with Delta. I am hopefull that this is my huge winner and am prepared to hold until it is well over a buck. With such a small float the wait shouldnt be that long. Besides, if you get in between .10 and .12 you can always sell a portion at any point in the very near future to recover your original investment and let the rest ride free IMO.
Call Merle and get an update if you havent talked to him recently. And keep this thread "our" secret as our original plan.
One more thing. If you know how to get ahold of beach, tell her about MCON and give her Merles phone number. I think she will like this one and, like us, I am sure you would love to recover her DCTN money...LOL.
Take care and let me know if you can get in.
Bob
Good luck Mark. Call Merle and get an update. Think you will like what he tells you. Looks like you should get in at a dime if early next week, but am expecting it to move soon.
Now would be a good time to get in MCON IMO.
Arrrgggggghhhhhhh......
All my stocks are in the crapper.
Playing ADZR now to.
Got 19k At .08
You in anything yet Mark?
Hey Mark!
Hey guys!!!
Starting to trade again. took about 6 months off to focus on my company growth. Got tired of losing money on POS like DCTN...LOL.
Am currently playing these.
MCON 122K at .019
PRIM 2.2M at .0012
ISDI 69K at .044
Actually feeling pretty good about these.
Post here if you guys get time and keep in touch.
Take care.
3 Weeks guys! Lets see if its true. First of September should see our little baby back life.
Not as ticked off as us!
So far we have seen nothing but the same old Delta. Promises of things they are working on and things to come and then nothing! The only thing they are consistently good at is filing late... and they got that down to an art form. Won't be long and we might even see pre-split pricing which really sucks.
Sadly, days go by and I don't even check the share price!
Figured thats what happened.
Will talk later.
Well they are finally out!
No real surprises except the law suit metioned with the Judgement against them in August for $171,814.41.
Just think, we get to go through this all over again. First quarter filings due May 15. Think they can get them in on time? Considering year end was for the period we were still a shell and they just got them in at the wire. First quarter will have to include all of Interglobe as well as all the restructuring that took place within the company.
Why don't they save us all some grief and file for the extension now! (grin)
Financials will hit Edgar tomorrow.
Here's an offer for Delta...
Give me shares restricted for a year and I'll bring in the buying NOW to get this over a buck! Even higher. And I promise no pussyfooting around here. I will get this where it should have been long ago and I will do it NOW! I can bring in enough buying to easily sustain a dollar for them while they get their crap together and start things. Everyone would benefit from having this sit at a buck when they get their act together instead of this insulting .35. From a buck it will move to much higher levels easier than this ridiculous current price.
I know more than enough people to get this done. The problem right now is it is very tough to get anyone who knows this company to buy shares until Delta proves themselves. Their history speaks for itself. No one will buy until they step up to the plate and show the world they know what they are doing. Right now they havent done that. And there is tons of skeptisism!
So give me shares and I will get this done!!!!!!!!!
I do not like these delays!!!!!
Yes Delta has lots of things on the table. And yes they should make this stock worth lots more if they ever complete them and get news out. My concern is that each day that goes by without any news, is another day something can go wrong. And with this companies history, we don't need this crap getting strung out day after day. Its like an accident waiting to happen and it concerns me.
I say the hell with waiting for everything to fall into place. Start the damn promotion and move the share price now. At least get it back to the levels it was at before the R/S when we didn't have squat! (Again, .35 is .0035 pre-split and really sucks right now) We have more in place now, and much more potential now than ever in the past year and a half. So why not push the share price up over a buck (.01 pre-split) and solidify it there. Then when any of the pieces finally fall into place we can really see some gains. (Hitting $3 soon therafter is very realistic and would only be the equivelant of .03 last year...which we hit often with only that POS UMDN as our only acquisition!)
I'll say it again. EACH DAY THAT GOES BY WITHOUT NEWS, PROMOTION, OR BUYING IS ANOTHER DAY THIS COMPANY HAS FOR SOMETHING TO GO WRONG!!!!!
So stop the madnes Delta and do something positive for shareholders and the company!!!!!!!!!!!!!!!!
The new Interglobe website will mention Delta and have an Investor Relations page. The question is, when will they announce the new site and launch it. This was supposed to have happened last week. And Homeland Security is also supposed to have a new website coming soon.
Wonder if website was typed in wrong format and thus the delay? Or was the web designer sick last week? Maybe they moved offices? Geeeeeeeeesh!
Can't anything be done in a timely manner by this company?
And lets not forget the attorney was sick and missed 3 days they said.
If I miss 3 days of work and my customers didn't receive their orders over those 3 days, I wouldn't have any customers!
That was the original excuse for filing the extension.
Whats the excuse for them not getting filed this week?
Wrong format again?
Geesh!
I am soooooo tired of waiting.
We are so overdue for news and this crap of sitting at .35 sucks. Thats .0035 last year when we had nothing!!!!!!!
Now we have Interglobe/Homeland and are trading lower than we traded as a shell. (And much lower than when we had only that POS UMDN!)
For the life of me I can't figure out what the delay is. Why not announce news on Interglobe and their plans and projections for this year and beyond? Why not cut the promoters lose, and the insiders, to start buying shares? This alone would push us to a buck before any promotion even starts.
Why, why, why, why?????????
Financials should be filed tomorrow.
News soon after.
I only stated that I hope it is sooner than later.
I am tired of waiting.
They have some sweet things in the pipeline and I hope it all comes together this week so we can see some good,strong upward movement in 2 weeks. I want to see a buck and a half soon and still don't think it will take much to get it there. This would make it much easier to be patient. We have been languishing at these levels since the split and restructure. We now are no longer a shell and have some pretty substantial deals coming. It is high time the share price start reflecting some of the things the company has done and is doing.
Lets face it, this price is only .0035 pre split. We traded much higher when we had nothing!
I suspect the first release we will get early next week will be about the Interglobe BOD. They were supposed to be making these appointments this week.
Then we should also be getting news on the completions of the ceocast interviews by Interglobe soon after this (I hope).
I am more interested in seeing this LOI for this "new" acquisition for Delta. I hope it comes out real soon.
We should also be getting close to some kind of announcement on these huge security contracts Interglobe/Homeland is submitting a proposal for.
The sooner they announce the contracts (and the names of the companies) as well as, the LOI for the acquisition, the sooner we will see our price move to much better levels.
It is extremely hard to continue being patient here. Especially knowing how close we are to some really BIG things!
I am betting on another freaking extension.
They said accountant or attorney (can't remember which) had been sick. This company has the lamest reasons for delays in getting filings out. Especially now since they have been telling us since February they were working on them to get them in on time. The real irony here is these filings are for year end when they were still a shell. There just cant be that much detail in this filing to warrant any delay getting them submitted.
Go figure!
According to the last filing, BOD authorized the increase in shares "authorized" to 25M.
My point exactly.
We have seen 0 insider buying so far. With all we have been told there should have been some insider accumulation going on by now. Its just not happening.
I am becoming optimistic we are getting close here..FINALLY!!!
I think the first of April is going to get explosive for us. I am hopeful we should see some information on these security contracts for Interglobe by the first of April. And hopefully we will see some news updating us on Interglobes plans, their projections for the future, and news of closings on some of those acquisitions of smaller security firms.
Add to this possible news for other acquisitions for DCTN, or at least some LOI's for these deals, and we should finally be off to the races here.
I would still like to see more company buying. With everything that is in the works I remain puzzled that we aren't seeing more insider buying here. Where's the buying from the folks at Interglobe who know what the company has planned? Where's the buying from Delta, and those close to the company who know what is in the works.
IR has said the financials will be out by the end of the month, which is next week. He also indicated the latest financing/funding would be closed by the end of the month as well. So if he is right, it looks like the first of April will be the beginning of what we have all held and waited for.
I hope so.
Good luck everyone.
I am a bit discouraged that more of you aren't posting here so that we can compare notes and keep abreast of things. Its fine that some of you have taken to posting on RB again. But lets not forget we have banded together on this thread. So lets keep this thread open for discussions between us only.
I would like to hear what everyone else knows or suspects is coming up. Or at least share your thoughts on things.
George, fire up them charts and start updating us here on that please.
I still think the majority of shareholders are looking for over $2 to even think about selling. I still dont see much selling until they get it over a buck, and actually more like $1.50.