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Spuds ... what debut for Shawn? Is he taking over permanently from Eric?
Well if people are having problems buying and its about to be resolved...this should explode when news hits next week!
katel! well we sure don't have long to wait to find out.
News Expected on the following folks:
Maybe the following:
1) All debt paid down, and no more convertibles - EXCELLENT!
2) The name of the new CEO and his vision for the company.
3) Maybe some more news on how things are going with the CNG side of things?
4) New contracts they might have won while they have been doing other things. (Smiles - and increased revenues - even better!)
5)News of the new merger they were working on!
6) An updated business plan!
7) News on the new strategic direction for the company and new areas they are going into?
Now that's gona be one amazing 8K!
Get in while you can guys.
luckin4winners & TRAPPERJIM many thanks for both your posts. I also emailed Shawn yesterday. I live in London so have never tried leaving my phone number yet to see if they might call me.
You know what guys, as Shawm has said, if we don't get news on Friday, I guess people will hold or might even buy more as they won't want to be out for the weekend as it will be more than likely that news will be out first thing Monday.
Excellent news .... can't wait to see what they have to tell us.
Maybe the following:
1) All debt paid down, and no more convertibles - EXCELLENT!
2) The name of the new CEO and his vision for the company.
3) Maybe some more news on how things are going with the CNG side of things?
4) New contracts they might have won while they have been doing other things. (Smiles - and increased revenues - even better!)
5)News of the new merger they were working on!
6) An updated business plan!
7) News on the new strategic direction for the company and new areas they are going into?
Now that's gona be one amazing 8K!
Get in while you can guys.
Spuds - why not go to the board and hint about IDVC?
Well I sincerely hope you try and pull the same stunt with this share .... taking note of your posting history ....
This week the share price is likely to move substantially, as the company is likely to announce a new CEO, new business plan and is actively engaged in a programme of promotion of its quite possible new direction - but certainly at least the new CEO's vision for the company and the way forward.
Just to remind everyone, they've already or are quite likely to have paid the next convertible note, pre-empting further dilution. Why is this important - well it was a stated aim of the company's to minimise the dilution of the company's shares - unlike a company such as DNAD!
Compared to most companies, even having 394m outstanding shares is still very low.
But, most of all, why do I want you to short the share? Well because this week is the start of the rise. So when you short it, you'll lose money, which will be nice as then you will know what the decent, long standing shareholders (and there are quite a few of us here)fell like when we loose money because you like to make everyone loose money just to make a couple of hundred dollars, whereas if you hold a decent amount, you will easily make millions.
Sorry, the math is easy for those of us that can add up!
HOSS this is something I said to Shawn Teigen in an email a few months ago ...that the company needs to really promote itself .... they really wouldn't be doing this kind of self promotion unless it was because some very big news is coming up that will sustain the rise in price to justify a higher rating of the stock.
Just my views.
TRAPPERJIM - that was pretty well what SHAWN TEIGEN said to me last week!
Just to remind everyone, he seemed to write his email reply to me that there wold be multiple PR's over the next few weeks or thereabouts.
So maybe we can get into penny land again. Once we get of sun penny land this won't be so appealing to the shorters. It's only because they can get so many that its worth them shorting it. The higher we go .... the less they can buy to short and the more stable the price should be.
gigmaster ... I'm sorry his is not that high!
ptcgolf .... well look who's here LOL
What will you eat when they release news? Hopefully something that means you cant type any more inaccurate opinions?
Oh sorry, that's about all your trading strategy is - isn't it? lol
Bid going up nicely ....
Yup but it's still 0.0012 to sell so market makers are short of shares!
New CEO And Updated Business Plan Expected Within a Week!
Here's the email reply I got from Shawn Teigen:
Hello XXXXX,
I would think within the next week or so.
Sorry for the delay. Thank you for your patience.
Shawn
On 9/8/2012 9:02 AM, XXXXXXXXXX wrote:
Shawn, Eric,
how soon can we expect news of a new CEO and an updated business plan?
XXXXX XXXXXX
Yup many thanks. Just to explain - it's light grey text on a white background I find irritating.
If someone sent you a printed document to read with that colour, you'd send it back and say make the text black. Simple.
As for the Barclay brothers - I don't really think they got any interest in condom plants in Africa. Just my guess.
thank you for posting that rj I won't read his blog anymore as the layout is not good - wordpress is far easier to use.
But for some strange reason, it's fashionable to use light grey text on a white background .... it's not easy for me to read and I would think its the same for a lot of people ....so I won't try. I value my eye sight ...
Why don't people sugest that him and use it as the title of their email?
Like "How are the filings going?"
"Please work on the filings - not your blog!"
"When will the filings be updated"
"When will the AIGI merger be completed?"
Keep emailing him .... he might get it into his head that we don't give a rat's a*s about the blog! We want him to sort the company out. Then he can share his opinions!
I've emailed Shawn Teigen and Eric Montadon to ask how near they are t announcing a new CEO and business plan.
I'll report back if he replies.
Can't be long now after his reply to me on 30 August which I posted then and last week as well.
They are clearing doing a lot behind the scenes. Shame we can't be told everything .... but the suspense is killing me! lol
74theroad - isn't it the case that if the shares had been converted that they would have had to release an 8K? So in other words - they paid off the debt.
If anyone knows better than me please do feel free to correct me - but that is my understanding?
Yup that was the excellent bit that caught my attention as well.
eddy2 - good luck shorting this stock if you think you can?
As Philip Verges holds a majority shareholding of the voting stock of this company, he can just announce the deal is done and that everyone will have their shares converted any time he feels like.
As he holds 51% or more of the voting stock, he won't need to ask anyone's permission, he'll just do it.
If I am not mistaken, even on the pink sheets, a company's share price cannot trade below the nominal value of the share. Please feel free to correct me if I'm wrong?
So for simpletons like me - with just a limited knowledge (thankfully) of how shorting works, please tell me why you think you can buy or sell shares in this company at below the nominal value?
StockPrez - here's the email reply I posted from Shawn Teigen on 30th August:
-------------------------------------------------
Heres the email reply from Shawn Teigan:
Hello XXXXXXXX,
Thank you for your continued interest in IDVC.
We continue working toward the goals we laid out in our most recent PR's. Unfortunately we cannot mention anything substantive that is not public information. However, I urge you to keep an eye out for press in the coming weeks. We will certainly let you know when we make additional steps to completing these goals.
Sorry I cannot be more transparent at this time.
As I say, there should be new PR's soon.
Shawn
Its too late once you start a blog to move all the content...we don't want him wasting time on that right now!
ok ceo1 some basic facts about Facebook (FB). it was floated at $38.00 not $45.00.
The share price was too high relative to where their business model was and how far it was developed at the time they floated.
Why do I say that about FB? Well, it's simple, FB floated at 100 times prospective earnings. The only way the share price was going to go was down.
Two things will affect FB's share price in the next two years - as yet it's not a place or a website where people go to buy things, which would be easy to monetise. It's a website where people go to socialise with their friends, or make new friends.
Apart from advertising, more than 70% of it's revenue comes from the e-money they sell. When they find a way to monetise it, they will start doing better. The simplest way to me seems to be to sell credits to become an online gaming site.
FB will fall way below what it is today when all the other shares that were issued at the time of floatation come off restriction - I think that's in November which is when I might buy as I'd expect it to maybe go as low as $5.00 and then bounce back up.
Of course you'd know all that as you're the self styled ceo1 ! Not likely judging by your posting history here is it really?
Every board has its strong dissenter ... someone who#s so sad that they have all day to type vacuous posts based on little but conjecture and hyperbole.
When people like that are around on a board there's always so much hot air .... you're just never sure which end it's coming from though. That's the problem!
(Sorry if I use words you don't understand - a dictionary always comes in handy at times like this! That's a book that lists the meaning of lots of words!
trunovoice I don't think you can short a share that's already hit its nominal value can you? If that's the case .... why do you keep posting here?
rjbluesky - I have signed up on Philip's site some time ago, but it seems very hit and miss.
It sometimes sends you emails when a new post is posted in reply to a thread you have replied to. I received an email telling me that but then went to the website not to be able to find the response mentioned.
I would have advised him to use wordpress for simplicity and clarity. That's what mine is going to be on. A wordpress theme. Very clean coding ....
please share your storyline - maybe others can shed light on the scenario from what they have heard from Philip - possibly, in emails they have received from him.
poster44ny - don't they have to put the conversion ratio in some kind of document for shareholders to vote on?
Unless Verges also holds 51% of the voting stock in NVAE as well and doesn't need to put it to a vote?
Well NWMT has a market cap of about $199K so even buying up all those shares would still be cheap for them. Do you maybe know how much they paid Verges for his 51%?
Don't forget, they've still got to buy out the other 49% unless they managed to buy it from the stock holders last year at the same time?
poster44ny yup ... please note the Barclay brothers are twins and billionaires who these days, apparently do very little toward the day to day running of their business empire.
Pardon me for making the distinction, but Barclays is a bank. The only reason its much better known in the USA these days is because it bought some of what was left or part of the investment banking operations of Lehman Brothers immediately after they went bankrupt.
Lehman Brothers being the bank that jackass Paulson couldn't lend a few billion $'s to, to save it, but paid $186bn to AIG to save them - so that AIG could then pay Goldman Sachs 100cents of the dollar for the insurance policy they had taken out with yes... you guessed it AIG!.
Paulson has personally cost the world many many trillions of dollars! Thanks for that!
Paulson, then gave evidence to congress or a committee of some sort in the USA where he is famously quoted as saying, on record (as Dan Ariely famously quotes in his book - Predictably Irrational) that we can't understand why the markets are behaving the way they are and not the way we'd expect them to! Yes really!
Paulson is a JACKASS and I'd say that to his face if I ever met him - before he dies. If he had regulated the derivatives market in the USA, the rest of the world might have followed suit as well.
London regulation under Ed Balls was just as crappy!
Yes it will. I sure hope Philip gives us some hints soon as those reverse mergers or other consolidations might also be worth buying into as well.
So what are the Barclay's doing with the company? Are they selling off all the telecoms bits and reversing something else in?
rjbluesky - many thanks for your post. Looks like it might be worth buying some NWMT then?
I'm just not sure what Philip is going to reverse into what with CCTR and NUBL. O/S and the way shares are being issued at the moment put me off those two ....
Yup I'm learinng about the pinkies .... if you miss the huge spike....don't buy in afterwards! lol
Dare I ask the stupid question .... why is it suddenly going up today? Looks like its done this before huh? Then settles down then does it again?
CEO1 - sorry I don't understand .... as there is no information available on OTC Markets.
What involvement does Philip have with CCTR? Is he CEO? On the Board of Directors or majority shareholder?
Please excuse my not knowing. I'd appreciate your clarification of this for me.
By the way, it looks like CCTR is issuing shares to pay bills right now and the O/S seems to be rising exponentially, and most if not all of its business seems to be in China? Hopefully they are registered in Hong Kong as its virtually impossible to get money out of China!
Did NWMT have any dealings in China that anyone knows of? I'm just trying to figure out what the parts of NWMT are that Philip might "buy back" and reverse into another telecoms play?
Verges has no connection with CCTR does he?
He mentions buying back some of the smaller parts of NWMT at the end of one of his blog posts. That's where I took the information from.
The question I have is, if he buys back parts of NWMT what will he do with them? He's not going to reverse them into NVAE as that, in my view is going to become a green energy company. Possibly and most likely with only with AIGI in it.
So, as he notes himself the expense of getting a listing for a new company is anything up to $5m, he's going to have to reverse the parts of NWMT that he buys back into something else that he already has control of? So, will that be NUBL? Or, will the Barclay brothers take NWMT private and give Philip the listing to reverse the parts of the company into that he buys back?
More to the point, how is he going to pay for anything he buys back from the Barclay brothers? Unless they agree to let him have the listing for free and form a joint venture to run the parts that he divests from the original NWMT.
NWMT huh .... well yup it looks like the Barclay twins bought the controlling interest of 51% from Philip or he wouldn't be going to London to speak to them about divesting parts of the company they bought from him!
I asked him about that as to what part of the telecoms business really appealed to him. Sorry guys, no reply to that either!
Next question is ..... where will Philip put any parts he divests from the Barclay twins? The Barclay's now have control of NWMT so he'd need a new vehicle somewhere or would he reverse those parts divested into ....NUBL which has os of 4.99bn or maybe more if my figures are incorrect?
Any views on all of this would be very interesting to hear? But reversing assets into NUBL seems to be the only way to save himself $5m listing fees - don't you think?
I think, personaly, that any pink sheet stock .... if the company keeps diluting shares into the market it sends two signals 1) This company's stock is ripe to short and 2) We have no other way of paying our bills than issuing shares whenever we need to pay for something.
I know - I found it on the Financial Times website and their info on pink sheets is a bit old ... I liked what I read... and the listed OS at that time was 543m ... so I came to have a look at the board here and find all this .....