Just trying to make an honest buck!
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I came back to recover my losses by averaging down based on information my friend received from Jerry. The only think fishy here is Jerry.
The time period I am talking about was back in 2011 when they were not dark. This information has been posted on this board and can easily be verified. Just check the I-Box which states that as of Dec. 16, 2011 ABPR had the following:
A/S = 500 MM
O/S = 492 MM
Float = 308 MM
Now go to post #8643 (which is sticky posted) and click on the link and you will see the following:
A/S = 500 MM
O/S = 231 MM
Float = 35.6 MM
So between July 1, 2011 and Dec. 16, 2011 Jerry diluted the stock by 261 MM shares while all the while telling me all the time that great news was coming.
Back then Jerry screwed all the shareholders except the people who received and sold all those shares. Many of the people that got screwed back then were friends and family. What I was told by my friend that he was trying to make up for that by getting his financials updated, and announce some really good deals without any dilution or a reverse. That is why I reinvested. Now, however, there appears to be a problem because he is not returning calls.
I don't talk to Jerry anymore after all the lies he fed me a few years ago. Over a two month period he kept telling me news was coming but it never came. I found out what happened, however, when I called the transfer agent I found out that over that period he diluted over 200 MM shares!
I have since averaged down to try to recoup my losses and have relied on my friend for advise. Now, for over two weeks he has not been able to get a hold of Jerry.
Thanks, but I'm still curious as to why he would tell my friend that news was coming and now he will not answer or return phone calls.
And what did he have to say?
Has anyone tried to get a hold of Jerry lately? A friend of mine has been trying for a week without success. It looks like there maybe be a major problem with his financials or one or more of his deals.
I no longer speak with him, but if anyone here speaks with him I would suggest trying to give him a call and see if you can get any indication as to what is going on.
According to my friend, Jerry told him to expect news four weeks ago, then three weeks ago and now he can't be reached for the past two weeks and counting. Without at least some communication, this will continue to drift down.
Correct! A +85 rating is about as good as it gets. The rating range for a stock is -100 (strong down trend) to +100 (strong up trend).
Note the +85!
Stock Trend Analysis Report
Prepared for ABPR on Wednesday, March 25, 2015.
AIRBORNE SECURITY & PROTECTION (NASDAQ:ABPR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangle are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles.
NASDAQ_ABPR
Open High Low ABPR Price Change
0.0019 0.0019 0.0016 0.0019 -0.0001
Entry Signal
MarketClub’s Trade Triangles for ABPR
long term up The long term trend has been UP since Feb 6th, 2015 at 0.000500
intermediate term up The intermediate term trend has been UP since Dec 29th, 2014 at 0.000300
short term down The short term trend has been DOWN since Mar 23rd, 2015 at 0.001800
Smart Scan Analysis for ABPR
Based on a pre-defined weighted trend formula for chart analysis, ABPR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
Stock Trend Analysis Report
Prepared on Monday, March 23, 2015.
AIRBORNE SECURITY & PROTECTION (NASDAQ:ABPR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles.
MarketClub’s Trade Triangles for ABPR
long term up The long term trend has been UP since Feb 6th, 2015 at 0.0005
intermediate term up The intermediate term trend has been UP since Dec 29th, 2014 at 0.0003
short term down The short term trend has been DOWN since Mar 23rd, 2015 at 0.0018
Smart Scan Analysis for ABPR
Based on a pre-defined weighted trend formula for chart analysis, ABPR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
MarketClub Trend Analysis for ABPR
AIRBORNE SECURITY & PROTECTION (NASDAQ:ABPR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangle are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles,
MarketClub’s Trade Triangles for ABPR
long term up The long term trend has been UP since Feb 6th, 2015 at 0.000500
intermediate term up The intermediate term trend has been UP since Dec 29th, 2014 at 0.000300
short term up The short term trend has been UP since Jan 30th, 2015 at 0.000400
Smart Scan Analysis for ABPR
Based on a pre-defined weighted trend formula for chart analysis, ABPR scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend). +80
Review of ABPR from Micro Cap Insider dated 3/18/15. Note that this newsletter is not compensated. See link at the bottom of the page to sign up for the newsletter.
A Close Look at AIRBORNE SEC & PROT (OTCMKTS:ABPR)
?
By Amy Murphy on March 18, 2015 Micro Cap Insider, Street Watch
AIRBORNE SEC & PROT (OTCMKTS:ABPR) has been moving up big in recent weeks after the stock was reinstated to the pinks after going dark for some time. The stock still holds the stop designation from OtcMarkts.
ABPR has been very successful in attracting a large and growing shareholder base that believe this one goes much higher. So far the stock has seen a significant jump in price and volume off its $0.0002 lows.
AIRBORNE SEC & PROT (OTCMKTS:ABPR) is a fully licensed and bonded private security company lead by a senior management team with more than 30 combined years of experience in law enforcement, executive and private security.
Airborne’s executive team prides itself in providing professional armed and unarmed security service to a wide variety of commercial and residential properties and companies including airports, airlines, banks, manufacturers, national retail stores, shopping centers, construction sites, gated communities, luxury residential high rise buildings and more.
ABPR supplies officers of various experiences, training and certification to meet each client’s unique needs, including bilingual, armed/unarmed, executive/dignitary protection-trained, electronic security trained, etc. We are available to work throughout the State of Florida including Miami, Fort Lauderdale, Tampa, Orlando, Jacksonville and surrounding areas.
The Company seems to have some big names behind it; CEO Jerry Deutsh led the 2000 election investigation on behalf of the National Democratic Party! Mr. Deutsch also worked as a investigator for the State of Florida, was a private investigator, and a freelance security consultant to various corporations, and hotels in Florida, New York and California. Mr. Deutsch seems to head a number of security related firms besides ABPR.
On their corporate website ABPR says they are a recognized leader in the Security Industry. With over 80 years of experience in the field of private contract security, the recipient of the prestigious Five Star Award for performance and integrity by the National Association of Security Officers. Airborne’s executive team prides itself in providing professional armed and unarmed security service to a wide variety of commercial and residential properties and companies including airports, airlines, banks, manufacturers, national retail stores, shopping centers, construction sites, gated communities, luxury residential high rise buildings and more.
To Find out the inside Scoop on ABPR Subscribe to Microcapdaily.com Right Now by entering your Email in the box below
Airborne Security specializes in providing advanced security services featuring the most advanced technology available to the industry. Our security experts can provide electronic security audits, develop electronic security countermeasures, advanced monitoring systems, and other security features that use advanced technology to enhance security services.
The Company specializes in Crime Prevention/Threat Assessments, Facility Security (commercial and residential), Diplomatic/VIP Security, Private Investigations, Event Security and Crisis/Emergency Security Management.
ABPR has not put out a press release in a very long time; in October 2009 they announced a series of steps to become publicly traded, improve its capital structure and position itself for continued growth. The Company intends, through a series of investor transactions, to restructure a portion of its common equity and achieve public market trading for its common shares.
CEO Jerry Deutsch said at the time “We should note that market realities have created unusual business opportunities in the security industry. With our highly liquid balance sheet, comprehensive service offerings and proven management team, we are well positioned to adjust our growth strategy to take advantage of these promising new opportunities as they are identified.”
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Currently trading at a sub $1 million market valuation (according to available information) ABPR is a pink sheets stock with a stop designation from OTCMarkets. The stock has moved big in recent weeks quickly attracting a loyal shareholder base that believes this one goes higher. We will be updating ABPR as events unfold so make sure you are subscribed to Microcapdaily so you know what is going on with ABPR.
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Disclosure: we hold no position in ABPR either long or short and we have not been compensated for this article.
http://www.microcapdaily.com/a-close-look-at-airborne-sec-prot-otcmktsabpr/19725/
That is 500MM not 500K.
Still about 2.7MM at the ask at $0.0018.
What tiny float? My guess 300MM - 400MM. The good news is that a/s is or nearly maxed out and no reverse or dilution expected.
Thank you for your complement.
Yes, Jerry is a devout orthodox Jew and that is where I met Jerry when he was visiting our synagogue. Unfortunately, all I got was lies and BS concerning ABPR and I have not spoken to him since late 2011. However, a friend of mine, and a major investor in ABPR, has remained a good friend of Jerry's.
He tells me that Jerry regrets screwing so many shareholders(many were friends and family) and will do whatever he can to make them whole. That means, no dilution and no reverse while increasing shareholder value through new contracts and M&A activity.
While the jury is still out, I remain cautiously optimistic and have bought ABPR this past summer and fall to average down my cost per share. If I smell a rat, I will let you know.
Not only have I had a change of heart, more importantly, the CEO has had a change of heart!
While I'm very bullish on ABPR some of the DD posted here is misleading and is based on their last filing on 6/30/2011 which indeed states correctly that the o/s was 230.1 MM and float was 35.6 MM shares. When they finally get their filings complete (which I expect will be as early as next week) the true numbers will come out. The float maybe as much as 10X as to what is being reported here.
Back in early 2010 I met Jerry at the synagogue I attend. We said the Mourner's Kaddish together (a Hebrew prayer praising G-d and said for eleven months following the death of a loved one. Jerry's father and my wife had recently passed. We became friends and when I learned that he was the CEO on a penny stock, I made an investment. All the while Jerry was telling me that great news was coming (it never came) he was diluting the piss out of the stock using convertible toxic dilution. I called the transfer agent on 11/11/2011 and found out that the o/s had increased to 467.6 MM shares (see post 7250). Jerry also told me, on more then one occasion, that he was planning a reverse. At the time, I was down about $15K.
Many of the investors in ABPR were friends and family talked him out of a reverse. So what has changed? A good friend of mine, and major investor in ABPR, has remained a friend with Jerry. He tells me that Jerry truly regrets the harm he did to the shareholders and with the help of some very experienced business professionals, plans on doing whatever he can to increase shareholder value. That means no more dilution and no reverse split.
Last summer and fall I decided to take a chance and average down with my ABPR position and this past Friday my position finally went positive for the first time ever. What I'm hearing, there will be several announcements over the next several months involving M&A activity that will increase shareholder value. I believe a sp of $0.04 - $0.08 is possible.
JERRY, All IS FORGIVEN, GO ABPR!!!
I think your price target is a bit high since there was a lot of dilution after the acquisition so I believe a more realistic target would be $0.04 - $0.08.
I believe it was Jerry's idea to do a reverse but he was wisely advised not to go ahead. Who's idea is a moot point now, no reverse, no dilution, up to date financials and M&A activity means this goes into the pennies. So anyone getting in now stands to make a ton of money.
I met Jerry in 2010 and when I found out that he was the CEO of a penny stock company I made an investment. Unfortunately, he told me many lies as he diluted hundreds of million shares never producing promised news and I lost about $15 K. He also told me several times that he was going to reverse the stock. You can check back about three years for my posts on this board. Luckily, several friends and family who were large investors talked him out of a reverse. Also, as he has stated, he has some very experienced business people now helping him.
Although I no longer talk to Jerry, a good friend of mine and a major investor in ABPR has kept me appraised as to what is going on. He told me that Jerry was truly concerned that so many of his friends and family had lost so much money that he was going to do whatever he could to make them whole and there would be no reverse or massive dilution. While I have no idea as to what is to come, I suspect we will see some M&A activity. By the action of the stock I would say it will be real soon.
In anticipation of something positive happening with the company, I started buying stock to average down on my initial investment during this past summer and fall and to my amazement it went positive on Friday. It now looks like I will make a decent amount of money. I believe without dilution or a reverse, this could go into the pennies!
It is with great sadness that I report the passing of William (Bill) Miller, a friend of IDCN. Bill passed away last month after a short battle with a cancer that had metastasized from a previous occurrence. Bill was the shareholder that took it upon himself to bring and pay for the two lawsuits that wrestled IDCN away from that lying POS crook, Jeffrey Bruhjell. It was Bill that personally asked the court to appoint Ken Ash as custodian of the company. Apparently, Bill had a lot of faith in Ken’s ability to move IDCN forward. I share Bill’s faith in Ken and look forward to IDCN becoming a strong legitimate company.
So when is the reverse?
I will do that and let you know what he says. I will however, be on a fishing trip until Monday.
I don't know why the paperwork lists him as the president, he is only the custodian.
He is not the president, only the custodian!
The only thing that was illegal was the June shareholder meeting by the POS scumbag CEO, JRB!!! How many other times did the fat man steal money from shareholders?
SO WHY DID THE T/A STILL LIST THAT SCUMBAG, JRB, AS PRESIDENT AS OF 2/21/2012?
Read the link!
"This is more BS from Jeff.
I called Pacific Stock Transfer, (702)361-3033 and obtained the following information:
O/S; 7,407,945,445
A/S; Unlimited
State of Incorporation; Wyoming
President, CFO; Jeffrey R Bruhjell (also, POS, SOB, Scumbag, Cockroach, IMO)
Secretary; Angela Harrison
So all this crap about these other folks being appointed and then resigning is BS. Also the transfer of the registration to NY is also BS. Jeff would not know the truth if it bit him on the ass, he is a compulsive liar, IMO."
NONE OF THESE GROUPS HAD CONTROL UNLESS YOU COUNT THE 2.5 BILLION SHARES THAT JEFF GAVE HIMSELF AT THE ILLEGAL SHAREHOLDER MEETING, LOL!!!
Long before Ken took over the A/S was listed as "unlimited". As of 2/20/2012, JRB was still listed as president. This information came directly from the T/A!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72348862
Ken is only the custodian of IDCN. Whatever he has done, he has done so far, he has done legally, IMO. You will have your opportunity to vote your shares in the near future.
The float will not be tight, 500 MM is already very high and with all the debt holders converting debt into shares it will be much higher.
Here is a simple question. How many shares of the possible 4.5 billion remaining in the A/S do the holders of the medical device get? Remember you have valued the medical device at $30MM, a number that I think is too high by more than a factor of ten. Unless something dramatic happens, it looks like the pps after the reverse will be $0.001.
I have never seen anything like this: A .0001 company with no bid, having at least $10 million converted to equity by the world's largest accounting firm (PwC)and other major creditors for a major restructuring. That is unprecedented, IMHO. NYSE and NASDAQ companies would be impressed with what is happening with EPGL, IMHO.
You left one word out. It is $10MM in debt being converted into equity! Every share that they issue in the conversion is dilutive to every common shareholder. You think that is good? No company would be impressed with EPGL, they would wonder how a small POS company accumulated so much debt. All IMO!
Only five years? It has been a lot longer. Continue to expect the lying BS along with dilution followed by a reverse and then the same BS games to continue.
I hate to burst your bubble.
(1) In addition to the common stock set forth above, the Company has voting control of 4,500,000 Series A, $1.00 par value cumulative Preferred shares which have been placed in a voting trust. Each share of Series A Preferred is convertible into 190 shares of the Company’s common stock. Holders of the Series A Preferred shares are entitled to vote on all matters submitted to our shareholders for a vote or consent. Each share of Series A Preferred stock has voting rights equal to the number of shares of our common stock into which it converts (190 to 1), except when a separate class vote is required by law, the Series A Preferred stock will vote with our common stock as a single class. The 4,500,000 Series A Preferred shares have voting rights equal to 855,000,000 common shares.
The Series A shares were issued years ago when the value of this stock was very much higher. Whenever stock is issued it is given a par value which in this case was a dollar. It has nothing to do with the current value of the stock. In fact, the Series A block of stock was meant to be a control block of stock so they would not have to go begging for a "yes" vote. Because of their massive dilution, the company lost its majority when they diluted past 1.8 billion shares.
With only about 60 MM shares purchased so far at $0.0001 it is unlikely that this stock will get any higher then $0.0001 before the reverse. The 60 MM shares represents only 1.2% of the O/S and IMO it will take 500 MM shares traded before the stock will move above no bid.
The shares that the medical device folks get will be restricted; the more shares that they get, the more shares the creditors get that will not be restricted. By the time the dust settles, most of the 4.5 billion shares will be issued.
After they get control back, I expect that they will need to do a reverse in another year. The fact that they have not specified the share structure after the reverse, is not a good sign at all.
I agree!
Since Joe will be gone, and this will be just a medical device company, a "yes" vote is appropriate.
However, with $10MM in debt and a free hand by the BOD to issue as many shares as they would like (up to 4.5 Billion new shares), current shareholders may not be able to even recover pennies on the dollar.
"The Board of Directors is authorized to fix the number of shares of and to determine or alter the rights, preferences, privileges and restrictions granted to or imposed upon the Common Stock."
No Peter, that is the truth. My name was on some of the legal documents that nailed JRB, was yours?
In fact, he and you and other IDCN shareholders should be thankful to me since these words appear to have come about in no small part due to my own efforts.
Looks to me that you are looking for some sort of credit! THE FACT IS, YOU HAD NOTHING TO DO WITH WITH ANY OF THE ACTIONS TAKEN!
Why not write a book, Peter, but it will be pure fiction, IMO!
Ken was never in a slumber, the wheels of justice turn slowly.
It would seem that all you care about is some type of credit. Wake up, that is not going to happen!
I will bet that you are correct. Maybe the only thing that you have figured out that is correct.
...and when PIPI gets all their permits, will that be big news?
My understanding is that the process for getting all the permits to mine takes five years or more, my guess is that PIPI will have all their permits very soon.