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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 .....
This is like DNAD released interesting news then price went up to 0.0048 in advance of that news, diluted the crap out of their share structure and now the price is 0.0004.
If the CEO keeps issuing shares at the rate he is, is just going to do the same to the share price and it will never recover. Once you pass 1bn shares with no immediate prospect of a huge increase in performance it becomes very hard to lift the share price.
Once you pass 1bn shares you have to ask whether the company is just issuing shares as and when they feel like it or if the company is really going to go somewhere?
Must be market maker signals ....
Yup all well and good I'm sure but he clearly has his favourites .... and is sticking with them.
Shame
He hasn't replied to my latest post on the blog asking exactly that. He hasn't replied to my email asking him exactly the same thing.
The post was put on the website about two days ago or even longer now, I think.
Sorry, but I don't think he's interested in talking to me or replying to my posts other than the very first post I added.
I hope Philip completes this deal or at least gets to the point of the PR to shareholders about the conversion ration before he goes to London.
As others have said, better to finish one thing before starting another. Looks like it might be worth investing in some of his other companies for the same reason as here maybe? As it seems like he might be planning the same kind of thing with them as he has here.
He refers to it on his blog when he talks about the OTC, as we knew it being dead and the easiest way to access capital markets for new start up companies, is to reverse into an OTC stock, or go for crowd funding.
Any views on his other companies? I'd be grateful to hear anything anyone wants to share. You can private message me but I won't be able to private reply as I haven't taken out the private sub just yet.
Kind Regards
Jimmy.
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
rj marginal propensity to consume is dependent on the overall estimated size of the potential market, availability of conversion facilities etc, number of filling stations offering algae fuel within refuelling distance of the vehicles capacity, etc etc etc.
That's why getting governments interested in using it is the key to their (AIGI's) success right now. Governments set up their own supply and logistics chains wherever they are in the world - be it Iraq, Afghanistan or elsewhere.
rj - like I say they could easilly move to ARCA and get right out of pink sheet land ..... no more shorting
I was referring to the rate at which profits rise for the addition of extra capital. Capital in this case being plant and machinery etc i.e. equipment capacity.
I had to put that out there folks ... otherwise we would have had three days of people whining about what a this or what a that this company is once the figures were published for the share swap .... those people who would be unhappy would be the ones who were dreaming of retiring just on this share alone!
rj I do think AIGI could be amazing. They have a good business plan and are following it diligently.
If they really do have as many government contacts and contracts, it will make a huge difference to their international reputation.
Climates might be quite different round the world though. Get established in the USA, then use the regular cash flow to help fund expansion.
Personally, if I was then listing a company with a share price of $5.50 the first think I'd do is get right out of the pink sheets.
Has AIGI released any proposed figures on income projections after its expansion that we have access to?
I think AIGI will be about five times the size once it gets the funds and starts building - so their profits, as long as they can manage the expansion, will go up exponentially! Hopefully - unless we hit the law of diminishing marginal returns instead! lol
I think it will be more like 5000 to one and that will be being generous.
$5.50 divided by 0.0001 = 55,000.
Don't forget, I've got nearly 5.6m shares myself. But Philip gives a clear signal in his blog post that its likely to be a bigger spilt than 1000.
I'd think if we get anything better than 5000 we should consider ourselves lucky.
That ratio would make my current holding worth approximately ten times its current value today.
Just saying how I see it. Still a ten bagger.
Philip needs to get the filings up to date. Then tell us exactly what the conversion ratio is going to be.
I think it will be on the large side folks, so you should prepare yourself for that
NVAE has a market cap of $4.99K today. The funny thing is, as they at times like this, the sum of the parts is worth more than the whole! lol
He could easily get more than $5k by selling off the individual parts.
Funny that.
Yup I think buying at this time is ideal. I just phoned the company and left a message for Shawn Teigan.
Just trying to get an update on where we are with the new merger that they mentioned in the July 26th PR and also about the new CEO and his plans for the company.
I will post a write up of the reply as soon as they call me back. Exciting times coming up here. Maybe a new direction for the company - maybe something like Algae fuel? You can have multiple harvests each year.
Moderators, can you ban eddy2 from posting rubbish on this board please? Permanetly - isn't he in breech of the terms and conditions of service?
Something tells me he might be getting paid for posting these stupid links going by the number of people that click on them.
Can you save us all the trouble of opening his posts and ban him instead please?
Many thanks.
rjbluesky - here's more food for thought ...
If the share price is $5.50 or above on listing won't the first priority be to move to another exchange as well?
At least ARCA? I believe there you have to maintain a share price of at least $1.00 for the first 30 days you are listed.
So, I honestly also think that up-listing is a strong possibility. Once the filings are updated.
Or maybe as you suggest, that Philip seems to know this gentleman in AIGI personally, that maybe he approached him about reversing AIGI into NVAE and then he asked him to update the filings.
All seems very sensible and plausible to me ... your post and mine! I've posted these comments on his blog and emailed them to him.
I must admit, he's not responded to a personal email I have sent him as at this point in time.
If it's the Barclay Brothers ... then they are twin brothers. i.e. from the same egg that spilt...not two different eggs that we both fertilised.
rjbluesky - I did a search on Google yesterday trying to figure out if was the Barclay Brother's who bought it or not for sure.
It looked like they were the most likely candidates. By the way, those two are twin brothers. They also own The Telegraph newspaper over here.
Here's my post in reply to the "Old Yeller" post on Philip's blog.
He hasn't replied yet .... but I think what he says at the end of the blog, which I refer to is interesting. Looks like he's maybe looking to reverse other things into other companies on the pink sheets he's involved with.
Here's the post:
Philip, I hadn't realised how many companies you have an interest in on the Pink Sheets. I note in this post on "Old Yeller" that I'd guess that your first love might be the communications and software business?
I also note from the end of this post that you are thinking of contacting the new owners of Newmarket and looking to buy back or explore possibilities of them divesting some of the smaller companies to form another company yourself. I wanted to ask four things:
1) Do you think that once the merger with AIGI is concluded that you see your hopes of taking over some of Newmarket's smaller companies as being your next point of focus?
2) Where would you say your interests lie in the telecoms and software field?
3) How would you fund any purchases?
4) Do you maybe have similar plans to reverse another telecoms/software company into NWMT as you have with AIGI and NVAE?
I look forward to your response.
Kind Regards
Everyone here knows I'm all for the company. However, don't forget that people investing in AIGI need to put up a minimum of $27,000 and the subscription offer is open till December 2012 or until it they get all the subscriptions they want. Its on the second page of the offer document that someone very kindly posted a link to earlier.
So, we don't know at the moment how quick the take up of the offer will be that AIGI has put in the document is going?
I'd be interested to hear if anyone has heard anything from Philip in case he has mentioned anything or if anyone has heard anything from AIGI maybe?
Regarding the bit about telecoms this is at the end of the "old Yeller post that you get to on the front page of the website.
"Earlier this year, my family sold its majority ownership in the NewMarket holding company. The new owners are primarily interested in the value of the public holding company itself. I am continuing to explore with the new owners various scenarios for the operating subsidiaries to separate from the holding company and begin a new opportunity of their own.
NewMarket is my Old Yeller love story. NewMarket has reached a tragic end after delivering rich, though perhaps intangible value. In the shadow of NewMarket mourning, hope remains through the progeny."
Good my post is there in the comments section now .....
Who knows ... any way, I've told him what I think, explained why I've not posted on the blog and emailed him instead.
I've posted it here too.... so read what I said.... there's still the telecoms side of things to go yet ..... maybe he will sell the condom plant, reverse a telecoms play into NVAE as well as AIGI and then spin the telecoms company off as a listed company as well - assuming its profitable of course.
Lots going on here. Lets get the AIGI deal done, then maybe even better things might follow afterwards.
As I say at times like this, I'm saying it as I see it. Everyone needs to do their own research and read his blog, listen to the webcast etc.
I just wish he didn't use grey text on white it's really not easy to read at all. I have said this to him yesterday.
Well I reloaded the page three times, tried login into the account I created so thought it best to just email him, but explain its because the blog isn't accepting new comments!
I've just tried to post this three times on Philip's blog, so I gave up and emailed it to him.
Here's what I said below - please remmeber, these are just my opinions and inferences only. Some of which might be incorrect, or just pure guessing. Everyone should make their own decisions.
Philip, as others have already said, there is indeed a lot of talk on ihub about what ratio the reverse split will take. I'm puzzled as to why people are so worried? Their investment will have the same value after a reverse spilt. However, in this case, their investment will suddenly be based on tangible assets, a working balance sheet, enterprise value to the market of the expected investment and an expectation of future expansion plans and expected future profits for the AIGI related part of the business.
So what will happen to the balance sheet after the reverse split, well, in my view, if the whole of NVAE merges with AIGI first, it will look quite different. If we were analysing the accounting ratios, we would see a huge increase over the year on the return on capital employed - ROCE. Next, we would also see a substantial increase in the Current Ratio - current assets divided by current liabilities. Finally of course, the Price divided by earnings (PE ratio) would also be calculable.
Tell me, if it's ok to ask? Are you still planning on updating all the company filings for NVAE before the reverse takeover and reverse split? Or, will the company fillings for AIGI, just become the company filings for NVAE?
I am personally expecting a reverse split of maybe as much as one to one thousand. If people are not happy with that, it is best for them to sell now and let the rest of us by their shares, which is what you have already said.
How are the negotiations going? You must be getting near to your earlier timetable as you mentioned in your earlier reply to me?
I think you might have maybe also decided to look for a buyer for the condom business after the merger with AIGI is completed?
I also note that one of your earlier posts states you are going to look to getting back into the telecoms business by buying parts of the company your family sold earlier. Which parts of that business interest you the most. Or, let me put it another way, if you were going into telecoms, which particular aspects of telecoms services provision interest you the most?
MacDonaldTrump if you want to create awareness of the company, why don't you post his response here?
Personally, I don't find it easy to navigate his blog, or find information or responses on it.
Maybe that's just me. Wordpress is a much better bloging platform and is free.
As I've already said, the fact the he uses grey text on a white background does not help me.
Yup I cannot stress enough, the reason why I topped up yesterday is because, the more I learn about Philip the more I like him. I truly do.
He's honest, decent and clearly honourable and feels a deep responsibility and strong sense of right and wrong in whatever he does.
However, I don't find the text on his blog easy to read as it's light grey. I tend to skim over text looking for key words and will inevitably miss what I'm looking for.
Like I say, I value the man, and what he's trying to do and his honesty in how he conducts himself.
I just hope he lives up to my expectations of him.
I tried to on my phone as I'd already logged off my pc by the time it started ... it was 9pm in London by then. My phone seemed to loose every other word ... I tried logging in twice but gave up as it was just the same.
So many thanks to folks here for updates.
So, looks like things are moving very nicely. Now we need the details.
All the late buys were me. Just topping up. Had to do it as three separate trades. For some reason Charles Schwab will only let me buy 999,999 at once!
Well still a lot cheaper than my other broker charged for dealing in pink sheet stocks.
Great due diligence in comparison to a brick who do you think would win then? You or the brick?
Seems like you have the same IQ's to me. The thing is, the brick is more useful, even if you are more thick than the brick!
(In England, thick in this context means IQ below your shoe size!)
10Q Item 5 very interesting:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8783067
OTHER INFORMATION
ITEM 5.
Effective August 16, 2012, the Company's board of directors accepted the resignation of Thomas R.
Morgan as chief executive officer and director of the Company.
Effective August 15, 2012, the Company's board of directors accepted the resignation of Digamber
Nawsa as chief financial officer and principal accounting officer of the Company.
Effective August 16, 2012, the Company's board of directors appointed Eric Montandon as chief
executive officer, chief financial officer and principal accounting officer.
Mr. Montandon was appointed as a director of the Company on May 17, 2011. He will serve until the
next annual meeting of our shareholders and his successor is elected and qualified.
Business Experience:
Mr. Montandon joined the board of directors of Asia8, Inc., in 2000 and became its CEO and CFO. He
and was instrumental in Asia8, Inc.’s acquisition and development of World Wide Auctioneers, Ltd.
His primary business focus has been on those two companies and WWA Group, Inc., since 2003
(WWA Group holds approximately 29% of the Company's common stock). Mr. Montandon is
responsible for the overall management of these companies and is involved in many of their day-to-
day operations, finance and administration. In 1994 Mr. Montandon was involved in forming
Momentum Asia, Inc., a design and printing operation in Subic Bay, Philippines. He operated this
company as its CEO until the middle of 2000. Between 1988 and 1992 he worked for Winius-
Montandon, Inc. as a commercial real estate consultant and appraiser in Phoenix, Arizona.
Director Qualifications:
Mr. Montandon graduated from Arizona State University in 1988 with a Bachelor’s Degree in
Business Finance. He has worked with early stage companies for the past two decades.
Other Public Company Directorships in the Last Five Years:
Over the last five years Mr. Montandon has been an officer and director of three public companies:
WWA Group, Inc. (from 2003 to present) (chief executive officer and director); Asia8, Inc., a holding
company with a significant interest in WWA Group (from February 2000 to present) (chief executive
officer, chief financial officer and director); and Net Telecommunications, Inc., formerly a
telecommunications service provider (from September 2000 to present) (director).
yes and with better diction, syntax and grammar .... the posts here will improve from some of us too!
erm stju1979, patience is a virtue not a virtual?
stju1979 always best to walk in a man's shoes before you say things like that.
I take it you run your own listed company as well and know what's going on in NVAE behind the scenes.
Please think before you reply to a post in that way. Or go to Philip's blog and ask him yourself?
Hopefully without such colourful language. He's a good man who knows his stuff and has good plans.
These things take time, if you haven't got time best to move on. Good luck whatever you decide to do.
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