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HSYN 8-K out yesterday (chart attached)...
Item 2.01 Completion of Acquisition or Disposition of Assets.
On September 26, 2006, Homeland Security Network, Inc. (“HSNI”) (OTCBB Symbol: HSYN) entered into an agreement to sell 80% of the total issued and outstanding common stock of its wholly-owned subsidiary Pacific Auto Group, Inc. (“PAG”) pursuant to a Stock Purchase Agreement by and between Homeland Security Network, Inc. and Monet Acquisition, LLC, a Delaware limited liability company. Monet agreed to assume certain liabilities of PAG in consideration of the stock purchase.
Pacific Auto Group, Inc. will be operated and controlled totally independent of HSNI; however, it is the intention of HSNI to distribute the remaining 20% of the outstanding common stock of PAG that HSNI owns to its stockholders as a dividend.
The new management will add substantial capital to PAG and use several of its strategic relationships throughout Europe and the Middle East to implement its business plan. PAG will import a low to medium priced vehicle and provide lease financing to retail customers. The company will enter into an agreement with a major automobile inventory finance company and its affiliated auto auctions and this will offer immediate nationwide distribution of the vehicles to non-franchise dealerships on consignment for lease to their customers.
OT: I met James & Dagny Taggart, and Henry Rearden...
for the first time last night. I'm only at Part One, Chapter III... long way (just over 1000 pages) to go to find out "Who is John Galt?" Thanks for the reminder that I haven't read this book yet. Next year is its Golden Anniversary.
OT: Rush Drummer Peart Chronicles Life On The 'Road'
http://billboard.com/bbcom/feature/article_display.jsp?vnu_content_id=1003122514
"When I'm traveling around in these small towns, I'm well out of the first class hotels and the private jets. I'm looking at people every day and their lives, and getting a perspective on my own life that way."
-- Rush's Neil Peart
September 14, 2006
Jonathan Cohen
Who could blame a veteran artist from becoming bored beyond belief with the monotonous routine woven into the fiber of a major concert tour? One day, you're driving 600 miles to get to a faceless arena in Omaha, only to play the show, collapse on the bus and wake up the next morning in Tennessee. Then, you realize you have six hours before you need to be on stage again and absolutely nothing to do until then besides play "Mario Kart" for the 400th time.
Rush drummer/lyricist Neil Peart has found an antidote to all of this, thanks to his trusty BMW motorcycle. The artist spent Rush's 2004 30th anniversary tour riding between gigs on the bike, an experience chronicled in his new book, "Roadshow: Landscape With Drums -- A Concert Tour by Motorcycle." The volume will be released Sept. 25 via Rounder Books.
In it, Peart overcomes pesky police speed traps, painful bedbug bites, stalker fans, mechanical difficulties with the BMW and the disappearance of a road case filled with valuables to play nearly 60 shows for half-a-million fans in North America in Europe alongside bandmates Geddy Lee and Alex Lifeson. In an added twist, the person who recovered the road case actually left a message on Peart's cell phone which he accidentally deleted, thus dashing any future hope of recovering the contents.
Peart granted Billboard.com a rare interview to discuss his experiences on the road and how they've influenced his ideas for the new Rush album, due early next year. The set will be the follow-up to 2002's "Vapor Trails," which debuted at No. 6 on The Billboard 200.
You've biked pretty much everywhere at this point. Are you running out of adventures?
It's hard to say. With my previous book, "Traveling Music," I really wanted to get starting writing something but I had no idea what. I just went off on a road trip to think about it and the road trip became the book. But this is one I've been wanting to write for a long time, just to describe to people what it's really like.
Well, the thing is, a lot of times you aren't doing anything other than moving from show to show, so I guess the narrative has to reflect the times when you're kind of bored.
I'm aware of the glamour/fantasy nature of it. It's kind of necessary in a way. I certainly had it when I was young. Even seeing a high school band when I was a kid, there was a certain magic just because they were under colored lights up on a stage. I was reading a book lately called 'The Art of Travel' by Alain de Botton, and he did a beautiful job of weaving together the fantasy and the reality of travel. He used other writers and even paintings to illustrate it, and one he used was a travel brochure for Barbados. A brochure with palm trees and sandy beaches and tropical skies and all that, and that's the same kind of fantasy maybe as seeing a musician on stage, but that image doesn't have you in it.
And it's like the saying, 'Wherever you go, there you are.' If you put yourself on that beach, under those palm trees and you went there, it's like, 'Here I am having a fight with my girlfriend, worried about work and I've got a stomach ache.' That's the nature of it that I try to point out in the book. Yes, I'm on stage but I'm thinking about I'm feeling bad one way or another, and real life is still going on.
So the road case that fell off the bike -- is that just lost to history?
Yup. But it's funny. At the time, I thought it would be okay. I'm an optimistic person by nature and I thought I'd be able to trace that number, but nope, it's a dead end.
Have you found, having done several trips like this, that they've been directly inspirational to writing Rush lyrics?
Yeah, good point, and there are two levels to that. There are of course direct influences or images that I mention in there. If I go to China or to East Africa or wherever on my travels, I might bring back a specific insight or image that I use. But I think more often, and this is a perfect example in this case, but it's my sense of the world. You know, when I'm traveling around in these small towns, I'm well out of the first class hotels and the private jets. I'm looking at people every day and their lives, and getting a perspective on my own life that way, and I think that has to be a huge influence, in the same way that travel does that.
Now, I often think about, 'Okay, you know that little village I was in in Africa 10 years ago? Those people are still there, sitting around that fire tonight.' That sense of the world is permanent, that change. And when I think about the United States too, I'm not just thinking about San Francisco or Manhattan. I'm thinking about those fading little towns in the Midwest I go through, and you see a restaurant closing, or a main street that's fading. Somebody once dreamed, "One day I want to have my own gas station [or] my own little restaurant on Main Street.' And when you see those things gone you know that it represents that tragedy. All of that I think contributes to a connection with the wider world and with other people and their lives.
Are you separating your observations for the book or for lyrics, or is it all sort of in one soup from which you can pick and choose?
Yeah, well the soup analogy's not bad, considering the way the brain works. I think the sense of perspective is really important. Of course, because I've been a member of a band for 30 years and been pretty successful and all that, it is pretty easy, demonstrably easy, for a lot of people to lose perspective and to lose any sense of other people's lives. Especially as a lyricist, I'm focusing on that. One of my main subjects is human nature and human behavior and the way people act and behave toward each other, so having a bigger picture of life even is invaluable there, to not be so alienated from things.
You have to draw upon what you know, so if my sense of that can be bigger in both senses, of seeing both the joy and the tragedy of everybody's lives, then it has to inform my ability to express something that's going to reach other people, rather than just talking about my own day-to-day satisfaction with my life.
On these long stretches of trip, do you ever listen to music while you're riding?
I don't. Some people do, and even some riders that I respect. My brother even listens to music when he skis, but he's much more of an athlete than I am. Music plays all the time in your head is one thing that I find, and I've written before about the inner jukebox. Something you see suggests a line from a song and then that song plays in your head, and you remember the lyrics from "Monster Mash" and "By the Time I Get to Phoenix." Driving and listening to music is one of my favorite things, [but] the motorcycle demands for me a higher level of engagement with the world around me, so I can't really personally imagine combining the two. But at the same time, music certainly is playing all the time in my head.
Have you ever asked Geddy or Alex to join you on a ride, or have they asked you?
Well it's not as easy as all that, to just throw your leg over a motorcycle. When I first started, Alex actually started at the same time, and we took a motorcycle safety class together up in Toronto. This must be '94 or so, and he took to it right away and was good at it, but didn't sustain the interest, and eventually sold his bike and just didn't continue. And I've talked about it with Geddy. Of course, anything that any of us is interested in is something we talk about, and he's just said, No, he'd be too afraid. I don't like when any of my friends is out on a trip. I worry about them, and I think about it more than when I'm on the bike. [Then], I don't worry because I feel in control, and if I'm careful enough I'll be okay. I have a sense that if I'm ever afraid, it's my fault because I shouldn't let anyone put me in that position. There's a funny mentality that goes on. Whenever somebody starts talking about getting interested in it, then I worry about them.
In the last pages of the book, you leave the prospect of future touring kind of up in the air. I don't know if that's changed since you wrote it...
It is true that in 1989 I announced that I wasn't going to tour anymore, and have said that every time since and have gone back and decided [to do it] for all good reasons. One of the main ones to me is that a band plays live, so if I want to consider our band as a living, working thing then that's the case. At this point, we're right in the middle of working on new material. We started in May and took a break for the summer and we're starting again next week. So of course, the four-letter word tour will come up. I haven't in my own mind committed to [another tour] yet, but of course I haven't ruled it out, either.
It seemed to me that "Vapor Trails" was a real return to a guitar/bass/drums sound without synthesizers. Were you pleased with that direction and can you see that remaining a key part of the sound?
Yeah, I can certainly say that it has been so far. We have probably eight songs that we all really like and are really fresh for us and drawing upon different influences and different approaches of writing. With us, it's not a question of arguing among the three of us about things -- it's more us arguing with the song, in what it wants to be and how to approach it in that, so it's a very interesting unified conflict. There isn't friction among us but there's often friction between us and the song we're trying to write.
We started working kind of long distance because I'm living in California these days and the other guys are still in Toronto, so we've been trying to work at a distance like that. I'd send some lyrics to the guys and we got together back in March in my house up and Quebec and they played me what they'd been working on. It really was remarkably organic in a way that I haven't heard [from Rush] before. We spent a month together in May working on those songs and developing our individual instrument parts for them. It's early to characterize it, but it's definitely fresh and different and that's certainly satisfying.
You guys have always done a good job of filling the gap between tour cycles with live releases. Is there ever going to be a grand vault clean out, or is there nothing in there like that?
We don't have anything, actually. We have never recorded a song that we didn't release. I call it laziness, I mean, we would never have gone to all that trouble and then not put it out. Certainly we've abandoned many songs along the way -- lost faith in them, is the way I always put it because we have a built-in barometer, and if we're not motivated enough to work on the song, then to us it's not worth it. On the other hand if we are motivated, it is worth it, and it's gonna come out. I remember that "Caress of Steel," in the old days of cassettes, had very uneven side lengths. I think one side was 20 minutes and the other was 25, and the record company wanted us to drop a song. We said, 'No way! We went to all that trouble, it's going on the record.' So there is literally nothing unreleased. For us, there really is no vault to clean out.
I didn't send the letter to Rep. Green, just reposting it...
but you're welcome anyhow, Arkait.
Over a year ago since this was sent...
to Wisconsin Rep. Mark Green. Did Rep. Green attempt to help?
[Interesting that Rep. Green is now running for Wisconsin governor... http://www.votemarkgreen.com ]
https://ssl.capwiz.com/congressorg/bio/userletter/?id=638&letter_id=471469606
Letters To Leaders
All messages are published with permission of the sender. The general topic of this message is Financial Services:
Subject:
Help with SEC and investigation on BCIT stock
To:
Rep. Mark Green
September 16, 2005
Dear Congressman Green,
I would like to call your attention to BCIT (Bancorp International Group). This whole situation reeks of fraud and insider "favors" between brokers, market makers, even the SEC and the DTC. From my position, it appears as if these entities have teamed up against retail investors to save their own hides.
Bancorp CEO Thomas Megas began issuing PRs as early as August 1, claiming that most, if not all, shares of BCIT currently trading were counterfeit. Estimates range from 200 to 800M counterfeit shares sold against a 5M total OS. However, most large online brokers continued to trade fraudulent shares even after receiving a counterfit alert memo from DTC 8/16/2005.
What's more upsetting is that Scottrade has released written correspondence to retail investors (with a copy forwarded to the SEC), claiming that the SEC informed Scottrade of an impending trading suspension DAYS before the retail investors were informed. Ameritrade correspondence also hints at foreknowledge. But SEC regulations claim they inform no one of a suspension prior to the suspension date. The net effect of the SEC leak was that Ameritrade, Scottrade, and Etrade, the larget online brokerage firms, switched to a sell-only policy in the days leading up to the SEC suspension. The helpless retail investors could only watch as this action caused the value of their investment to tumble 65%.
Now the suspension period has officially ended, and the stock is down from a high of .053 to .005. As of September 16, no brokerages are allowing trades in this security, despite the "reinstatement" of the security by the SEC 9/15/2005.
Background information:
last Spring a crime was committed. On 4/21/05, Marion Pino (of Mellon fame) and Carter Care Inc., via fraudulent documents filed by a ``Louis Lesser' with the Nevada Secretary of State, attempted to hijack the dormant Bancorp shell and effect a reverse merger. The individuals and corporate entities involved with the illegal takeover of the company printed hundreds of millions of invalid share certificates. These certificates were signed by Richard Carter of Carter Care, and were apparently illegally sold by market maker Sterne, Agee & Leach, Inc. (SACM) beginning 5/12/2005. Pino, Carter, and cohorts then began pumping the stock by issuing phony PRs regarding gold and diamond mines.
Thomas Megas, Bancorp CEO, immediately contacted the FBI and the SEC, and began issuing statements regarding the phony filings and PRs beginning June 13. On 6/20/2005 Thomas Megas and Martin Duffy were reinstated as officers of the company with the Nevada Secretary of State. On 7/28/2005, Blue-sky Solutions, LLC, having been hired by the fraudulent parties, resigned as investor relations contact for the company. Megas issued subsequent PRs warning of probable counterfeit shares as early as Aug 1, yet still the brokerages and market makers played for profits. They also ignored a memo/alert from DTC August 16, and continuing to buy and sell over 250 million bogus shares of BCIT during this period.
But the broker "party" came to a crashing halt when Megas appointed a transfer agent on 8/26. That day, the newly hired transfer agent announced the true share at less than FIVE MILLION SHARES. I firmly believe it was this fact that caused mass panic by the brokers: despite numerous public warnings about counterfeited shares, BCIT traded normally until 8/26. After the events of 8/26, the online brokerages began rescinding trades, changing to "sell only" and even "no trading" policies.
Additional "suspicious" occurrences:
I have copies of emails sent to CEO Megas from an Oklahoma broker who claims they froze ten of Pino's (and his cohorts) trading accounts. This broker was insisting that Megas issue a Texas 504 private placement to help them out of the situation -- which he refused.
BCIT apparently had a large number of "failures to deliver" -- it was on the SEC's Reg. SHO list until 8/17/05. Then it disappeared from SHO, ostensibly because the naked short positions had been covered. The burning question is, how does one cover a naked short position with counterfeit securities?
In an effort to (I assume) instill further fear into the retail shareholders, Ameritrade fraudulently claimed in writing September 14 that they would not be trading BCIT following the SEC suspension because "Bancorp International is undergoing Chapter 11." This outright lie prompted CEO Megas to issue a particularly nasty "cease and desist" letter to Ameritrade on Monday, September 12. I also have a copy of Ameritrade's response to Megas.
Myself and a large number of concerned BCIT shareholders can provide more details of the entire situation, including a very interesting (and highly incriminating) timeline built from actual events, along with numerous written and signed correspondence from brokers and the SEC. Please look into this situation before the "back room deals" are cut -- and the retail investors lose yet another battle against Wall Street corruption and illegal stock manipulation.
Website with much backround inforamtion on BCIT and investors in BCIT:
http://www.investorshub.com/boards/board.asp?board_id=3879
Contact information for Thomas Megas:
Thomas Megas
President and CEO
Bancorp International Group Inc
15 Onslow Gardens
Suite 7
London, SW7 3AW
United Kingdom
Phone: 44 20 78239258
Grren bay , WI
Interesting trading today so far...
more activity today than in quite a while?
HOMELAND SECURITY NTWK - Nasdaq National Market: HSYN
Time & Sales most recent next page
Rec. Time Action Price Volume
11:26:50 AM Trade 0.028 5000
11:26:42 AM Bid 0.02 5000
10:29:26 AM Trade 0.025 6000
10:29:26 AM Bid 0.028 24000
10:29:16 AM Trade 0.028 6000
10:29:16 AM Ask 0.03 5000
10:28:06 AM Bid 0.02 5000
10:27:04 AM Bid 0.028 30000
10:20:44 AM Ask 0.028 5000
10:20:44 AM Bid 0.02 5000
10:19:38 AM Trade 0.025 10000
10:19:36 AM Trade 0.025 5000
10:19:14 AM Ask 0.025 5000
10:13:16 AM Trade 0.025 14000
10:13:08 AM Bid 0.015 5000
10:13:02 AM Trade 0.0255 14000
10:12:24 AM Ask 0.028 5000
9:34:30 AM Bid 0.025 5000
most recent next page
11:51:50 AM EDT - Monday, September 18, 2006 - data is delayed 15 minutes
0.025 x 0.03 - someone likes the 8-K? eom
Up to $5M in financing over 3 yrs...
not sure how to read the put notice jargon--is this potentially toxic, or not... (note that bid and ask have gone up since the 8K was posted, so I suspect this is good news)...
(b) Delivery of Put Notices.
(i) Subject to the terms and conditions of the Transaction Documents, and from time to time during the Open Period, the Company may, in its sole discretion, deliver a Put Notice to the Purchaser which states the Put Amount (designated in shares of Common Stock) which the Company intends to sell to the Purchaser on a Closing Date. The Put Notice shall be in the form attached hereto as Exhibit F and incorporated herein by reference. The amount that the Company shall be entitled to Put to the Purchaser (the “ Put Amount ”) shall be equal to, at the Company’s election, either: (a) 200% of the average daily volume (U.S. market only) of the Common Stock for the 10 Trading Days prior to the applicable Put Notice Date, multiplied by the average of the four daily closing Best Bid prices immediately preceding the Put Date, or (b) a minimum of $10,000; provided that in no event will the Put Amount be more than $100,000 with respect to any single Put. During the Open Period, the Company shall not be entitled to submit a Put Notice until after the previous Closing has been completed. The Purchase Price for the Common Stock identified in the Put Notice shall be equal to 91% of the average of the four lowest closing Best Bid price of the Common Stock during the Pricing Period.
(ii) If any closing bid price during the applicable Pricing Period with respect to that Put Notice is less than 75% of the any closing Best Bid prices of the Common Stock for the fifteen Trading Days prior to the Put Notice Date (the “ Minimum Acceptable Price ”), the Put Notice will terminate at the Company’s request sent in accordance with Section 9 of this Agreement. In the event that the closing bid price for the applicable Pricing Period is less than the Minimum Acceptable Price, the Company may elect, by sending written notice to the Purchaser to cancel the Put Notice.
(iii) Within seven calendar days after the commencement of each calendar quarter occurring subsequent to the commencement of the Open Period, the Company undertakes to notify Purchaser as to its reasonable expectations as to the Put Amount it intends to raise during such calendar quarter, if any, through the issuance of Put Notices. Such notification shall constitute only the Company’s good faith estimate with respect to such calendar quarter and shall in no way obligate the Company to raise such amount during such calendar quarter or otherwise limit its ability to deliver Put Notices during such calendar quarter. The failure by the Company to comply with this provision may be cured by the Company’s notification Purchaser at any time as to its reasonable expectations with respect to the current calendar quarter.
Eyeballs on HSYN... macd snake in the grass...
need some volume...
HSYN 0.02 x 0.03 - chart...
Looks like Radix Marine is alive?
http://ragingbull.quote.com/mboard/boards.cgi?board=RDXM&read=6429
By: goodlife31
12 Sep 2006, 08:37 PM EDT
Msg. 6429 of 6430
(This msg. is a reply to 6425 by c4lady.)
Jump to msg. #
Good heads up, c4lady
Well, well, a little oxygen here and a little there...
509-248-0283 goes to someone named Crystal, who is an answering service for Kathy Bright and Radix Marine.
Brad Goodspeed returned my call, within 10 minutes. He said I was the first caller on this line.
He said that the website will soon have a section in it for questions and answers. Brad was very optimistic about the company going forward. The lawsuit ended with both sides basically walking away. The settlement did not include payment for either party. Brad further explained that ongoing litigation with a countersuit would've been extremely costly and taken further years away from Radix Marine business.
BTW, I tried emailing info@radixmarine.com, about a week ago and it came back as undeliverable. For now, Mr. Goodspeed suggested that shareholders use the telephone.
He'd be happy to return calls and answer questions.
0.02 x 0.021... needs volume...
HSYN 0.02 x 0.021... chart
OT: Arkait, re: RB...
I am unable to "Reply" to posts on RB--I get the stupid bull picture, but I am able to "Post new message". Have you tried both with no success?
Radix Marine web site is up...
http://www.radix-marine.com/
TAKI just posted this info...
http://www.investorshub.com/boards/read_msg.asp?message_id=13161819
OHBULL has been busy behind the scenes...
http://ragingbull.quote.com/mboard/boards.cgi?board=BCIT&read=23069
By: OHBULL2000
01 Sep 2006, 12:41 PM EDT
Msg. 23069 of 23074
Jump to msg. #
GOOODD MORNIN'! Take it easy on mainuh woogie bear...
he's just a bit overly excited about what I told him I was working on last week.
OK folks... I'll try and put this in one post, might take a couple with my posting skills, he-he-he.
A couple weeks ago, out of pure "pizziness" I called (as posted) a Wes Christian (google him) and after talking to him he refered me (told me to use his name because he thought the BCIT issues had merit) to one Bill Frizzell who handles penny stock stuff. Christian and his 80 staff are so busy with other nss cases he does'nt do pennys anymore.
I called Frizzell who in turn called me back and we talked for 45 mins. on his dime, he is real interested. (BTW MikeWC the reason I quizzed you about CMKX was to see if you had any comments/knew about Frizzell's efforts there, not playin' ya).
Firizzell asked how I/we would like to proceed and wqould the CEO be on board to assit, most importantly to supply the NOBO list from ADP, I emailed The Brit and got this response:
From: "Thomas Megas" View Contact Details Add Mobile Alert
To: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
CC: tpm8@harolds.ch
Subject: RE: BCIT
Date: Fri, 25 Aug 2006 15:23:21 +0000
give him my e mail address
best
t
>From: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
>To: Thomas Megas
>Subject: BCIT
>Date: Fri, 25 Aug 2006 05:45:59 -0700 (PDT)
>
>Howdy Mr. M.,
>
> Well... I've taken your Adam Smith advice and have spoken/recruited
a
>very credible lawyer as to future events for the shareholders, his
name is
>Bill Frizzell and has quite a background in penny stock issues.
>
> I need to askfor some assistance tho, Mr. Frizzell asked me
yesterday if
>you would be willing to share the info of the NOBO list from ADP. If
>agreeable with you he would hold all info there in strictest
confidence and
>I would put him in contact with you. If you have not yet gotten the
NOBO
>list he would advise as to getting the update (I explained I did'nt
think
>that would be necessary).
>
> So let me know if this is acceptable to you and I will then
proceed.
>
> Best,
>
> xxxxxxxxxxxxxxxxxxxxxxxx
Now does that sound like a CEO who does'nt give a s.hit as wooogie wails about, I think not, lol.
Now... there are initially three areas of...ah.. import dicussed with Frizzell, if he decides to dive into BCIT, I have not heard as of today if he is "in" or not because he's been busy with family stuff, wife's father is very bad off with cancer and Frizzell's daughter went back to college this week), I hope to hear from him today if he's in, that "good or bad news" statement I made last week.
So folks no conspiracy no bull at all... I just wanted to make sure to have all the ducks in a row first but after yesterdays slap in the face 500 share trade (and that's all it was!)on our "anniversary" well... time to shed some light on things, imo.
We are a SMALL penny stock with only 400 shareholders (as compared to CMKX's 60K) and without a serious effort we could continue to be brushed aside by the "gods"... I ain't acceptin' that bull anymore!
We're all in this bubbas/bubbaettes... one vote each... if Frizzell signs on, don't matter how many share you have, 10K or 10mil. ... one vote.
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy)
With BCIT, there have to be out-of-the-box explanations for what has been happening, dontcha know. LOL. I am putting forth the hypothesis that Mr. Megas' oil wells must have just been started, unfortunately across a weak pink-sheet-type of power line somewhere, causing a temporary price dip. If that pink-sheet-type of power line is not too weak, it should allow for a return to its prior price condition in due time, allowing for other oil wells to be added in due course. Let's hope that the pink-sheet-type of power line can be upgraded to OTCBB or AMEX/NASDAQ status to allow for a whole slew of oil wells to operate in parallel.
Yesterday's trade--a BCIT motor starting event???
Perhaps the BCIT oil pumps are being started, drawing too much inrush current, and causing a transient voltage sag. In BCIT's timeframe, transient may be a bit elongated (days, weeks, months? LOL), but the steady-state should then be reached once again, hopefully followed by a further climb upward, of course following the activation of additional pumps.
http://www.pqsoft.com/waveforms/vsag9.htm :
The following figure shows a voltage sag rms magnitude for a motor starting event. This event was recorded with a Dranetz-BMI 5530 DataNode.
Here's the start of the BCIT sag, hopefully with a climb back upward...
Hope springs eternal. LOL.
*********************
Some further explanation re: motor starting...
http://www.esmagazine.com/CDA/Archives/7c22fc1703ca8010VgnVCM100000f932a8c0____
Current Affairs: Motor Starting Methods
by Timothy Coyle, P.E.
August 29, 2001
Figure 1. Typical ac induction motor starting characteristic.
With increasing emphasis on power quality, voltage transients within a facility associated with starting large motors are gaining more attention. Add the fact that the new energy-efficient Design E motors have higher starting currents than we are used to, and it becomes increasingly important to have a good handle on the starting methods of large hvacr equipment motors. This month, we'll define the motor starting challenge, and follow up in the next column with a discussion of various methods of meeting it.
Inrush Current or Locked Rotor Current?
The current transient that occurs when a motor is energized is variously called inrush current, starting current, or locked rotor current. In most cases, those using these terms are all referring to the same thing: high current that flows during acceleration of the motor from rest to rated speed. In actuality, this current transient is composed of two separate components that are properly referred to individually as inrush current and locked rotor current.
Inrush current is required to establish a magnetic field in the core steel of electric machines such as motors and transformers each time voltage is applied. The peak value of inrush current, which can be as high as 20 times rated current, will be different each time the equipment is energized due to residual magnetism in the core. While reaching a very high peak value, the inrush component in a typical motor decays within the first few cycles of the line voltage. The peak value and duration are characteristics of the motor and completely independent of the load. This inrush current must be considered when selecting circuit breakers for motor circuits, but is only a minor part of the starting transient; the locked rotor current is usually the obstacle to successfully starting the motor without adverse effects on the power system.
At rated load the rotor of an ac induction motor turns at slightly less than synchronous speed, the difference being termed slip. For example, a nominally 3,600-rpm motor may have a rated speed of 3,540 rpm; a nominally 1,800-rpm motor a rated speed of 1,760 rpm, and so on. Rotor slip is what allows the motor to develop torque, and in fact, if the load increases, tending to increase the slip, the effect is an increase in rotor torque (and current) to match the load requirement. This situation is analogous to matching a pump to a system using curves of head vs. flow. For any given load, the operating speed of the motor will be determined by the point where the motor characteristic speed-torque curve crosses the load characteristic speed-torque curve.
Whenever the motor is operated with higher-than-rated slip, the current will exceed the rated value. Overloads decrease the rotor speed slightly and result in slight increases in current. However, if the rotor speed is reduced below about 85% of rated, the current rises to a high value that is relatively independent of speed. Conversely, when starting, the motor current remains at this high level until the motor and load combination has accelerated to about 85%, at which point it will begin to drop off rapidly to normal running current. Typical variation of motor current and torque with speed is shown in Figure 1.
Voltage Drop is the Culprit
When this transient starting current flows through the power system from the utility source to the motor, a voltage drop equal to the product of the current magnitude and the system impedance is produced. Just as pressure drop associated with a high flow rate reduces the pressure along a pipe, this voltage drop reduces the voltage along the circuit supplying the motor, creating opportunities for problems.
Motors are designed to start with a specified voltage at their terminals and their developed torque is proportional to the square of the voltage. Excessive starting voltage drop between the source and the motor can result in low terminal voltage and inadequate torque to accelerate the load to rated speed within the design time. At best this results in motor trips during starting attempts; at worst it can damage the motor due to excessive heating during acceleration.
Other loads connected to the power system between the source and the motor may also be affected by reduction in voltage during the starting period. Because the sensitivity of many types of equipment to voltage sags depends on the duration, this effect tends to be worse the longer the acceleration time of the motor/load combination.ES
Timothy Coyle, P.E.
tcoyle@hdrinc.com
Coyle is a senior electrical engineer with HDR (Minneapolis).
serf... two dryers and a vending machine
I answered this question in this post:
http://www.investorshub.com/boards/read_msg.asp?message_id=12910683
Some more DD re: Rush Dryers (from VT tour) http://www.echoesofoldapplause.com/vapor/vtdry.htm :
THE DRYERS! THE DRYERS! ADD QUARTERS!!!
Stolen from a published interview...HU stands for "Howard Ungerleider."
Bp: There has been a lot of discussion amongst fans as to the purpose of the dryers. I'm assuming that they are decorative pieces similar to the refrigerator on the last tour, but then again they have microphones in front of them. Are they real or just a conversation piece?
HU: A conversation piece. What it was, Alex had this big brand new huge stack and Geddy's goes direct so there's nothing - he has nothing. So rather than have a lopsided stage we needed to put something there. We were talking about vending machines at one point in time - he opted for dryers. They actually worked out really well. They're quite humorous especially when they come sucking down the tunnel in "Cygnus." [laughs]
Bp: So the microphones are just there as decoys.
HU: They're there…as a conversation piece. Or maybe not. [laughs]
Those 'conversation pieces' not only display the band's humorous side, but also provide an ambient and moving lighting effect throughout the show as they are loaded with orange, red and black t-shirts which cast a glow from their internal lights as they spin during the performance. Several times a night a stage-tech restarts the dryers, after they complete their cycle, by inserting a new set of quarters. That's not their only humorous role though, as they are also sucked into the black hole of "Cygnus X-1" during the encore's rear-screen animation performed by Derivative VJ, Jim Ellis.
************
Here's an excerpt from an interview with Geddy from the 2002 VT tour http://www.bassinside.com/2003/february/geddy.htm :
What was the best or worst ‘Spinal Tap’ moment from the Vapor Trails tour?
Geddy and the Washing Machine(Groans) I can’t even really think. (Laughs). Every night the show went on without a hitch. But, we did have our guests come up on stage and do ‘dryer duty.’
Author's note: Instead of a backline of bass guitar loudspeaker cabinets, Geddy chose to use three fully operational Maytag Laundromat dryers. The machines tossed RUSH shirts throughout the evening, which were eventually thrown to the audience by the band members before the start of the encore. In order for the dryers to stay optional, they were coin-fed intermittently during the shows by stage techs.
We never knew who was going to show up to put coins in the machines. Sometimes it was very wild. One night our chef appeared and he was wearing his apron… and that was all. Other nights we had people I didn’t even know show up in French Maid costumes. One night a stripper wearing chaps came out onstage with the coins and on other nights, crewmembers in crash helmets came scooting across the stage on their electric scooters. On those evenings it got pretty funny.
The dryers were a nice touch and I will spare you obvious questions such as, "What kind of fabric softeners effects your bass tone more, liquid or fabric sheets?" and "What kind of dryer provides the best speaker transient response, gas or electric?"
Just sharing some of my DD.
OT: Re: Rush tour dryers and vending machine...
During the 2002 Vapor Trails tour, Geddy Lee had three dryers on his side of the stage, and on the following R30 tour, had one of the dryers replaced by a vending machine. During the show, Geddy and Alex would throw t-shirts from the dryers to people in the audience. In Boston in '02, I saw Alex eyeing a woman in the front row during the show--he hand-delivered a t-shirt to her, rather than randomly throwing one out there. On the '02 tour, the t-shirts were marked on the back: "I got this shirt from Dryer #"X" on the Vapor Trails tour", where "X" was dryer 1, 2, or 3. On the R30 tour, they looked like this one:
From wikipedia, http://en.wikipedia.org/wiki/Geddy_Lee :
Geddy's amps, in the early days, were the usual arena-ready Sunn and/or Ampeg models. By the late seventies, his backline had evolved into the unique configuration of Ashly preamps and BGW power amps, which were run in stereo with his 4001 bass. The neck pickup was sent to one rig and set for a clean, bass-heavy tone, while the bridge pickup was sent to the other amp which was set with an exaggerated treble boost, and a lot of gain on the preamp. This is what made the quintessential "Geddy Lee sound" from 1977 to 1982. Even through his changing stable of basses, this amplifier setup remained constant through 1991. For the Roll the Bones tour, Geddy switched to Gallien-Krueger amps, and later to Trace-Elliot amps. He still uses a Trace-Elliot, however it is not on the onstage backline, but rather underneath the stage, for low-frequency emphasis, so he can feel the bass, along with hearing the notes, through his ear monitors. On recent tours, to "balance out the stage", Geddy has filled the empty space where his backline amps used to sit with industrial size Maytag coin operated dryers. The dryers are filled with Rush tour shirts. Coins are inserted throughout the show either by costumed crew members, "surprise" guests or by audience members who are selected at random. For the band's R30 tour, one dryer was replaced by a rotating shelf-style sandwich vending machine which was custom-outfitted with an enclosed blue lighting scheme that matched guitarist Alex Lifeson's stage-left Hughes and Kettner zenTera and signature TriAmp MKII amplifiers. This can be seen on the R30 DVD set.
Supposedly, Rush is planning to go back into the study this year, and may be touring once again in 2007. Yeah, Neil Peart, the drummer is amazing--at some point, I want to check out his DVD from last year:
BCIT 6-month chart...
I look at it every once in a while and wonder what it will look like in another 6 months...
Similar to BCIT: PCUN -- PCU, Inc.
Com ($0.001)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Earliest Event Reported: August 21, 2006
ENVIRONMENTAL SAFEGUARDS, INC.
(Exact name of registrant as specified in its charter)
Nevada 000-21953 87-0429198
(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
5300 North Braeswood, Suite 4-393
Houston, Texas 77096
(Address of principal executive offices, including zip code)
(713)728-8687
(Registrant's telephone number, including area code)
2600 South Loop West, Suite 645
Houston, Texas 77054
Former Address of principal executive offices
ITEM 8.01 OTHER EVENTS
On August 21, 2006, we discovered that our stock symbol had been changed from ELSF.PK to PCUN.PK, and that we had purportedly made a 1 for 1000 reverse stock split. After an initial investigation into this matter, we discovered that a person unknown to us signing under what we believe to be a fictitious name filed false documents with the Nevada Secretary of State purporting to change the name of the company to "PCU, Inc.", change the name and address of our officers and directors, increase the number of shares of authorized common stock, and effect a reverse stock split. None of these changes have ever been legally authorized, approved or ratified by the board of directors or shareholders of Environmental Safeguards. We also discovered that the unknown person subsequently filed these documents with the Nasdaq Stock Market to accomplish an unauthorized change in our stock symbol. We have reported this matter to representatives of the Nasdaq Stock Market, Pink Sheets, LLC, the Securities and Exchange Commission, the Nevada Secretary of State, and the Office of the Nevada Attorney General.
A copy of the press release related to this filing is attached hereto as Exhibit 99.1.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
99.1 Press Release dated August 23, 2006
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ENVIRONMENTAL SAFEGUARDS, INC.
/s/ James S. Percell
----------------------------------------
Date: August 23, 2006 By: James S. Percell, President
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
Contact:
James Percell, President
Environmental Safeguards, Inc.
713-728-8687
ENVIRONMENTAL SAFEGUARDS, INC. DID NOT AUTHORIZE NAME CHANGE TO PCU, INC.
UNKNOWN PERSON CHANGES THE COMPANY'S NAME AND STOCK SYMBOL
HOUSTON, TEXAS-August 23, 2006-On August 21, 2006, Environmental Safeguards, Inc., a Nevada corporation, discovered that the company's stock symbol had been changed from ELSF.PK to PCUN.PK, and that the company had purportedly made a 1 for 1000 reverse stock split. "Since we did not request or authorize a stock symbol change or stock split, we knew that either someone had made a big mistake or a fraud had been committed", said James S. Percell, CEO and President of Environmental Safeguards, Inc.
After an initial investigation into this matter, the company discovered that a person unknown to us signing under what we believe to be a fictitious name filed false documents with the Nevada Secretary of State purporting to change the name of the company to "PCU, Inc.", change the name and address of the company's officers and directors, increase the number of shares of authorized common stock, and effect a reverse stock split. It also discovered that the unknown person subsequently filed these documents with the Nasdaq Stock Market to accomplish an unauthorized change in the company's stock symbol. "None of these changes have ever been legally authorized, approved or ratified by the board of directors or shareholders of Environmental Safeguards," said Percell.
Environmental Safeguards, Inc. has reported this matter to representatives of the Nasdaq Stock Market, Pink Sheets, LLC, the Securities and Exchange Commission, the Nevada Secretary of State, and the Office of the Nevada Attorney General.
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001140361%252D06...
Yeah, that's how Scottrade does it. They screwed me over before, too.
play... what are your concerns about RB?
TIA.
We should all keep calling the Florida Office of Finance and Regulation (OFR) http://www.flofr.com/Director/ofrcontacts.htm --namely Mike Banyas, the investigator of the GVRP/MAMG mess... his number is 850-410-9823. They should know that we haven't given up. Let's keep up the pressure.
I still think that we should sue...
to get control of the company, since we who bought in May 2005 own the company many times over. Then we can decide what the hell to do with it and the assets (i.e., Digikidz) that should be under our control. I wish it were simple to do this, but...
I didn't mean reverse the trades...
but instead to reverse the illegal R/S, plus reverse all the transfer of assets out of the company, then reverse the "sweep it under the rug" mentality that has been happening with the regulators, and reverse the "you suckers who bought those shares lost all of your money--hahaha" view that the company has had, and, thus, let us have our shares and trade the damn things and make the money we should have made in the first place. That's what I meant.
Probably trying to hide their tracks...
Hopefully Mr. Banyas is keeping tabs on what they're up to, and eventually will reverse all this B.S. But, damn, it's taking a very LLLLLLLLLLLOOOOOOOOOOOOOOOOOOOONNNNNNNNNNNNNNNNGGGGGGGGGGGGGG time.
Excellent. Thanks.
Hey, if you have another minute, maybe you could give Mike Banyas a call, too... 850-410-9823. The Florida Office of Finance and Regulation (OFR) needs to know we haven't given up, IMHO. Let's keep up the pressure.
Art... I emailed Carol Remond today, asking if she would consider revisiting GVRP. I included the Bidville PR in my email, plus Michael Banyas' phone number, hoping she could pursue Florida's investigation. Any chance you might write her and ask if she could pursue GVRP again? You seemed to have a good rapport with her, if I recall correctly. I figure the more visibility, the better--maybe she might consider doing a thorough exposé, this time around?
GVRP... try writing to Carol Remond...
Carol.Remond@dowjones.com , and ask her to write a follow-up article on GVRP. I just did, and got a "Thanks for your email."
response. Again, the more of us who try to keep GVRP in the limelight, the better, IMHO.
GVRP... I just left a voicemail for Mike Banyas, the Florida investigator. 850-410-9823. The more phone calls to him from many of us the better, IMHO. We need him to understand that we are not giving up on this issue.
Try this, Arkait...
http://kb.esignalcentral.com/psi/atr/index.asp?cp=23&c=12&cpc=f738m3xXs0v1AOScNwjAT
from http://kb.esignalcentral.com/display/2n/index.asp?c=12&cpc=f738m3xXs0v1AOScNwjAT&cid=23&...
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Thank you.
Tales...
I am hopeful for RDXM, too. We'll see how things go.
Just want to note that you should be careful with posting RDXM on multiple IHUB boards, as I noticed you have today. Others have been "jailed" for spamming on IHUB.
RDXM chart showing signs of life?
4M float, still??? That would be sweet.
We'll wait and see. eom