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TFCT had a big run at the end. up 35% for the day!!
TFCT running bigly on good funding news. Wheee.
http://news.moneycentral.msn.com/ticker/article.asp?Symbol=US:TFCT&Feed=BW&Date=20031007&....
Compass Capital Group Secures Additional $550,000 In Funding for 21st Century Technologies, Inc.
October 07, 2003 10:52:34 AM ET
Today, 21st Century Technologies, Inc. (OTC:BB TFCT:OB) has announced that its investment bankers, Compass Capital Group of New York City, has funded an additional $550,000.00 in working capital to 21st Century. B6 "We are extremely pleased with the direction that 21st Century is heading. With state of the art technology, and a tremendous management team lead by Arland Dunn, we are confident that the company will be able to capture the $34 million Homeland Security grant as well as the larger 5 year- $180 million dollar per year Homeland Security Grant. It is this commitment towards increasing shareholder value that has helped 21st Century Technologies secure an additional $550,000 in funding. The additional funds will help 21st Century realize its goal of being properly capitalized in preparation for the production capacity necessary to meet the large demand for ProMags which will come from Homeland Security grants," stated Mark Lefkowitz, Compass Capital Group's investment banker to 21st Century Technologies. B6 Arland D. Dunn, 21st Century's President and CEO said concerning the latest transaction with Compass Capital, "We have esblished an excellent relationship with our investment bankers. This latest round of funding is evidence of that. Secure funding enables us to more actively pursue the Homeland Security funding matter, as well as to expand our business with other customers and markets. It is the foundation for our brilliant future." B6 Trident Technologies, Inc. manufactures ProMag (and its marine engineered brother, SeaPatch) as a wholly owned subsidiary of 21st Century Technologies. ProMag and SeaPatch are emergency quick sealing antileak devices powered by rare-earth permanent magnets, suitable to stop leaks and ruptures of HAZMAT-containing tanks, pipelines, railroad tank cars, ships or other containers, even in severe circumstances. B6 Safe Harbor Statement B6 The statements made by 21st Century Technologies Inc. (the "Company") may be forward-looking in nature and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements are based on assumptions and involve a number of risks and uncertainties, many of which are beyond the control of the Company. Actual results could differ materially from those projected due to risks such as changes in interest rates, market competition, our ability to generate orders and various other business risks.
Contact Information: Equitilink, Inc.
Ron Garner, 877-788-1940
CESY with lots of volume and movement this am..mmmmmm...might be finally time!
hey bro!! I just got back yesterday..Just in time, eh?? I'll be watching for the run!!!
hope all is well, old friend.
dg
TFCT. It's just a matter of time.
http://news.moneycentral.msn.com/ticker/article.asp?Symbol=US:TFCT&Feed=BW&Date=20031001&...
wow. up 300% today! Hell of a lot of volume. Tommorow should be interesting.
excellent. Maybe MIGRE found a buyer???
well..that's certainly optimistic :) But, geek that I am, I dig this kind of technology. They've been working on it for a long time, and I'm glad to see it coming to fruition.
nicely done ;)
very nice. I agree with you. Sitting at .042x.05 now....Let's see if I get filled at the bid.
Excellent!!!!! Time to get back in.
do you have a news link for that? I've been in and out of FASC for a few years now. it would be GREAT if something was really going to happen with them!!!
yeah...that's not helping matters :)
sad chart.
http://www.siliconinvestor.com/research/chart.gsp?s=migre&period=120&time=day&chart=bar&....
then again..at these prices....yah never know..might be worth some lunch money.
TFCT still holding its own...but my MIGR is completely gone :(
'tis indeed. I'm headed to Italy for a 3 week vacation :) got all my GTC sell orders in, just incase something pops while I'm gone. Wheee.
well..I stuck to my 'cut your losses' rules, and sold some that I bought at 07 yesterday for 06 today. I'll hang on to the rest, just in case. It was a nice run up.
I truly hope they've learned their lesson about dilution. But, ya never know.
helloooooooooooo
oh no..not YOU guys here...
:>)
CESY at least seems to do their filings and press releases regularly...
http://finance.yahoo.com/q?s=cesy.ob
I'm in CESY at .004. Hope it does well :)
Damn..is today an MM shake, or are we done????
TFCT whacked :(
I love toys :) I'll have the phone all setup to do the BlueTooth wireless thing with my Powerbook. Got the Airport Network in the house as well. Wheeeeeeee. The wife mocks me incessantly for my geekness.
yeah...I was impressed to. I ordered a Sony Ericcson T610 today :)
http://www.sonyericsson.com/us/spg.jsp?page=start
ya gotta hang out with us tech dweebs a little more :>)
ETCR picking up volume and price the past two days. Can't find any new news, but may be a quick momo play. It regularly fluctuates from .02-.05 and could be getting ready to run again. JMVHO
ARET?? Looks like Mr. R is back at it again. Anyone remember when this was AREE?!?!?!?!?!??! gawd.
like a Phoenix rising from the dead:
ARET - Arete Industries, Inc. Launches New Direction to Exploit Opportunities in Energy Industry; Company Develops Acquisition and Funding Strategy to Purchase Oil and Gas Production and Pursue Alternative Energy Related Businesses
NIWOT, Colo., Sept. 9, 2003 (PRIMEZONE) -- Arete Industries, Inc. (OTCBB:ARET) today announced a new focus and direction to acquire interests in oil and gas production and other energy-related ventures including technologies and revenue streams from renewable, alternative and traditional energy related ventures.
The Company seeks to create and fund a partnership of investors and participants to acquire producing oil and gas reserves and to invest in domestic drilling ventures targeting by-passed and overlooked reserves of natural gas. Once funded and fully invested, the Company hopes to use spin-off investment capital generated by this partnership for more aggressive development stage ventures in energy related areas including drilling partnerships, further production acquisitions, alternative and renewable energy and co-generation, and leading edge end-user technologies.
Thomas Raabe, Arete CEO, stated that, "The Company will focus on opportunities within a single industry, the energy industry, and look at sectors within that industry that have the greatest near term potential, predictable asset values and income streams and the lowest barriers to entry. Such a venture is suitable for a company like Arete whose management has long standing expertise and contacts in the energy industry. We look to build a team with technical expertise and skills in business development, resource evaluation, energy marketing, transportation and storage and advanced financial structuring and deal making capabilities, and to utilize these resources and opportunities to quickly form a sizeable capital and revenue base from advanced equity and credit financing."
"To execute the first element of its new plan, the Company has initiated discussions with certain parties to acquire operating reserves and rights to properties in proven producing fields, and with parties that are interested in pursuing diversified energy-related ventures with Arete based on its publicly traded status for fundraising and capital appreciation as well as for a potential exit strategy," Raabe continued.
"After the recent resignation of director Gerald Brandimarte and unsatisfactory results of ventures that were developed over the past approximately 18 months, we now move forward to take advantage of new opportunities in the energy industry." Raabe concluded.
sheeesh...enough with the gay dance music already :)
NEOM. wow.
MIGR volume picking up as well...price up 20%. Pretty darned cheap now.
I agree. I got more at .070.
Put a fork in this one.
yeah...I have an offer in as well...We'll see what happens after lunch today :)
hey Utha!! I was wondering what happened to you! I don't play on SI all that much these days.
I HAVE been flipping this pup, just like you said to (though, I haven't made anywhere near as much as you on it...)
glad to hear you're ok! No idea what's up with you computer tho...I'm a MAC guy, remember??? hehehehe.
Scoob is relocating to South Florida. I'm heading out on vacation to Italy for a few weeks, but I'll try to touch base when I get back. Good to hear from ya!
and, IMVHO...even at .08-.10, this ain't a bad 'investment' if you want to do some long term stuffl. Just my opinion.
Goldman Settles Insider Trading Charges
Thursday September 4, 3:57 PM EDT
By Paul Thomasch and Chris Sanders
NEW YORK (Reuters) - Goldman Sachs Group Inc. agreed on Thursday to pay $9.3 million to settle charges related to a former economist accused of using inside information to make the bank millions of dollars trading in government bonds.
Goldman's (GS) settlement with securities regulators stemmed from charges that it failed to properly oversee John Youngdahl, a one-time economist with the bank, who was charged on Thursday by prosecutors with insider trading and perjury.
James Comey, U.S. Attorney for the Southern District of New York, announced on Thursday a seven-count indictment of Youngdahl for insider trading, making false statements, perjury, and other charges.
Goldman agreed to pay a $5 million fine and disgorge $4.3 million from illegal trading profits.
"A scheme to steal confidential information from the Treasury Department and tip off others shakes the confidence of the investing public," Comey said at a press conference in New York. "It is not to be tolerated."
Comey also said Peter Davis Jr., a Washington consultant, pleaded guilty to charges of insider trading and conspiracy relating to the bond trading case.
At issue in the case is Treasury's historic announcement on Oct. 31, 2001 that it would no longer issue 30-year bonds. The news ignited a powerful bond rally, and prosecutors charged that Davis and Youngdahl conspired to trade on the information before it was public.
The Securities and Exchange Commission also brought related civil charges against Davis, Youngdahl and Steven Nothern, a former bond fund manager for Massachusetts Financial Services Co. MFS is a unit of Sun Life Financial Services of Canada Inc. (SLF) (SLF).
MFS declined to comment on Nothern. His attorney, Nicholas Theodorou with Foley Hoag LLP, said: "Mr. Nothern intends to vigorously defend himself in this case."
Youngdahl attorney Alan Levine, from the law firm of Kronish Lieb Weiner & Hellman, said in a statement said the case is not about insider trading, but bad information management.
"The government's case relies on the notion that the Treasury Department can release information in a less-than- confidential manner and that the Justice Department can then prosecute individuals, such as Mr. Youngdahl, when that information finds its way to the financial markets," he said.
Davis' attorney, Mary Spearing of Baker Botts LLC, was unavailable for comment.
For its part, MFS agreed to pay a fine of almost $200,000 and return more than $700,000 in trading profits. "MFS is pleased to have resolved this matter. MFS voluntarily reported to the SEC that we traded in 30-year Treasury bonds on Oct. 31, 2001 and cooperated fully with the SEC investigation," said MFS spokesman John Reilly.
THE WAY IT WORKED
Prosecutors charge that Davis regularly attended the quarterly press conferences where Treasury officials announced debt financing plans for the months ahead. Information was given with the understanding participants will embargo it for later release to ensure the news outlets attending would all be able to release the information at the same time.
At the Oct. 31, 2001 event, participants including Davis were told the Treasury would no longer issue 30-year U.S. Treasury bonds. He then called Youngdahl ahead of the embargo time and told him about the market-moving information. Davis made a similar call after a Treasury Department meeting on Aug. 1, 2001, prosecutors said.
The indictment charges that Youngdahl and Davis had agreed that, "Davis would misappropriate, convert and steal confidential, material, nonpublic information obtained at the quarterly refunding press conferences and convey it to Youngdahl before the embargo was lifted."
After taking the call from Davis regarding the announcement at the Oct. 31 event, Youngdahl passed on the information to Goldman traders, allowing them to make at least $3.5 million in illegal profits when 30-year bond prices soared after the market learned of the bond's cancellation.
"We find this entire matter extremely embarrassing," said Goldman Sachs spokesman Lucas Van Praag. "It's a dark day for Goldman Sachs and serves to highlight that a single act has potential to undermine the best efforts of everyone at the firm."
©2003 Reuters Limited
Thanks :)
Like I said..I'm hanging on to the rest of what I kept for a while.