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Everyone put the shorter's on ignore ... then we won't have to read their drivel!
That's what I'm going to do right now!
gonzilee, many thanks for your post. Unfortunately it is based on a factual inaccuracy.
Plain and simple the company has stated it is about to close a tie in and is looking at financials for Interserve as the final part of it's due diligence before closing the merger.
Interserve is an excellent fit with the work of IDVC and as for their television production side, which is also winning new contracts, will add yet another string to the IDVC bow.
gonzilee, if you really have to post such factual innacuracies about a company becase you have opened a short on it, I'd be grateful if you could do two things - number one - post a link stating someone else's opinion, otherwise, you'd be saying that the management of the company, lied to the SEC and has deliberately misled the market when they issued their last PR. That would be accusing them of share price manipulation. Not a good thing to do.
Finally, I'd strongly urge you to keep some funds free. Why? Well, ya see, when the next PR comes out confirming my version of events and clearly showing yours in incorrect, you will need to cover your short, buy shares in the market and say bye bye to those spare funds!
See ya!
pimping wallstreet - it's an answering service. You'd be better emailing the company.
Shawn Teigan will eventually reply. If this has changed, they need to issue an 8K? If I am correct?
Agreed, JunkStockLady - Excellent post Megan.
I asked nupapa to also email Plamondon to point out that the press release still doesn't appear on OTC Markets. They still speak to him! lol They don't take my phone calls anymore as I phoned up Plamondon and spent twenty minutes explaining that if you tell a shareholder that news is coming, it gets reported here and the price goes up and when nothing happens, the shorter's move in take over. Even though we have such a very low float!
I think they also really need to hire a PR firm to actually create awareness of the company and the fact that they are moving into new areas. If they don't this is what we will see time and time again.
JunkStockLady - yes before the next PR.
JunkStock Lady - why don't you email the company and say that to them - that in the next PR, they should have worked out something like that BEFORE they release it.
Jimmy
Look at what the Dow is doing ... it's down 216 points.
So market sentiment is down as the f*****g European Governments can't get their half a***ed act together and sort out the crisis!
Also weak US job's figures don't help either!!!!
Look at what the Dow is doing ... it's down 216 points.
So market sentiment is down as the f*****g European Governments can't get their half a***ed act together and sort out the crisis!
Also weak US job's figures don't help either!!!!
AUCI moving into the Industrial Sector. Excellent News Which Has Still Not Been Digested By The Market
Hey Everyone see the excellent PR released earlier this week by AUCI below.
There is a super low float, so any purchases, make the price move upwards easily.
It will easily go well above what it did on 30 May on release of their first of two expected PR's! The only thing that dragged it down on the day was short term traders and of course, market sentiment yesterday.
So expect a new revenue stream to be announced soon.
Dr Newman, the CEO told a fellow poster of mine on the AUCI board that we would receive news of the merger which we did, and another excellent PR.
See the PR below for yourselves:
Auctions International Inc. is Pleased to Announce the Conclusion of a Merger With AMERO International
http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?docid=0794499001&sourceType=1
WINNIPEG, MANITOBA -- (Marketwire) -- 05/30/12 -- This is the beginning of a new and exciting future for this new company. Auctions International Inc. (PINKSHEETS:AUCI) will remain as the company's main identity for the foreseeable future. This will be the case at least until AUCI becomes fully reporting at which time, would be the logical point to rethink the identity for the future.
This merger brings tremendous value and opportunity for AUCI shareholders and enables AUCI to evolve and mirror the structures of larger conglomerates that are profitably doing business in various industrial and retail sectors in the global marketplace.
AMERO International is the sole owner of CMC Mint with manufacturing facilities in China, warehousing in China, the USA and Canada. CMC Mint has offshore production with worldwide sales and distribution of quality mint collectibles and investment pieces (jewelry, coins and antique replicas with varying quantities of gold and other precious metals).
The intention of AUCI Management, is to continue to seek out additional corporate entities that would enhance the potential flexibility of AUCI in the rapidly changing marketplace, allowing better security for investors. This structure has been implemented to help identify sources of increased profit, manage risk, and provide flexibility.
During the lengthy merger process, AUCI has identified and has been in negotiation with an industrial company that has major business clients in China and Korea. It is a perfect fit for the new AUCI and will add another arm to the revenue stream.
Conditions exist with the discussions to provide a WIN-WIN for AUCI and the current owners.
Further information will be provided as the negotiations continue.
AUCI management, led by Jean-Eric Plamandon, want to insure AUCI shareholders that the company has solid plans and is not deterred by market noise. Value is growing and announcements will be made, as necessary, to advise the marketplace of material importance.
AUCI moving into the Industrial Sector. Excellent News Which Has Still Not Been Digested By The Market
Hey Everyone see the excellent PR released earlier this week by AUCI below.
There is a super low float, so any purchases, make the price move upwards easily.
It will easily go well above what it did on 30 May on release of their first of two expected PR's! The only thing that dragged it down on the day was short term traders and of course, market sentiment yesterday.
So expect a new revenue stream to be announced soon.
Dr Newman, the CEO told a fellow poster of mine on the AUCI board that we would receive news of the merger which we did, and another excellent PR.
See the PR below for yourselves:
Auctions International Inc. is Pleased to Announce the Conclusion of a Merger With AMERO International
http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?docid=0794499001&sourceType=1
WINNIPEG, MANITOBA -- (Marketwire) -- 05/30/12 -- This is the beginning of a new and exciting future for this new company. Auctions International Inc. (PINKSHEETS:AUCI) will remain as the company's main identity for the foreseeable future. This will be the case at least until AUCI becomes fully reporting at which time, would be the logical point to rethink the identity for the future.
This merger brings tremendous value and opportunity for AUCI shareholders and enables AUCI to evolve and mirror the structures of larger conglomerates that are profitably doing business in various industrial and retail sectors in the global marketplace.
AMERO International is the sole owner of CMC Mint with manufacturing facilities in China, warehousing in China, the USA and Canada. CMC Mint has offshore production with worldwide sales and distribution of quality mint collectibles and investment pieces (jewelry, coins and antique replicas with varying quantities of gold and other precious metals).
The intention of AUCI Management, is to continue to seek out additional corporate entities that would enhance the potential flexibility of AUCI in the rapidly changing marketplace, allowing better security for investors. This structure has been implemented to help identify sources of increased profit, manage risk, and provide flexibility.
During the lengthy merger process, AUCI has identified and has been in negotiation with an industrial company that has major business clients in China and Korea. It is a perfect fit for the new AUCI and will add another arm to the revenue stream.
Conditions exist with the discussions to provide a WIN-WIN for AUCI and the current owners.
Further information will be provided as the negotiations continue.
AUCI management, led by Jean-Eric Plamandon, want to insure AUCI shareholders that the company has solid plans and is not deterred by market noise. Value is growing and announcements will be made, as necessary, to advise the marketplace of material importance.
Mojohappens - why dont we post it on the breakout boards ourselves?
No harm in promoting the company ourselves. Al we will be doing is quoting their own PR.
I did for IDVC over the long weekend. Even recommended it to two friends I've made on this board. They bought in low and are already sitting on a nice profit on that one.
When we post on other boards, we should point out two things -
1) The share price has returned to a stable place.
2) That clearly according to what is stated in the PR and what the company have told us, they are also going to announce another tie up with an "Industrial Company - operating in Korea and China
Jimmy.
The good news has not been digested by the market yet. The part highlighted by nupapa yesterday is exteremely important. We shold not underestimate the what the next news will say - clearly something about a further tie in with an industrial company working in Korea and China. These are two of the few economies in the world which are actually expanding and growing still!
Sentiment overall is down look at DNAD, that is down today as well and they also released an excellent PR today.
Tie In by the end of this week. Merger with Interserve still being worked on
SALT LAKE CITY, May 29, 2012 (GlobeNewswire via COMTEX) -- Infrastructure Developments Corp. (OTCBB:IDVC) (the "Company") wishes to clarify certain considerations regarding the public market for its common stock and recent business development activities.
Over the past fifteen months the Company borrowed $214,000 from an investment firm to finance the startup of its U.S. Navy "Lido" project in Indonesia as well as for general corporate expenses. The Company borrowed the funds on terms that included a conversion option at a discount to the trading price in the market. The subsequent conversion of the debt to stock, and the apparent liquidation of stock in the market, resulted in a significant increase in IDVC's public float which increase may have resulted in the drop in IDVC's stock price over the past ten months.
Except for $2,000, all convertible debt that is currently entitled to conversion has been converted to stock as of today's date. The Company plans to repay the remaining balance of $39,000 that will become convertible beginning in September 2012 prior to any such conversion.
The Company's losses from the Lido project - due to disputes with local subcontractors and the subsequent termination of the project - resulted in its inability to repay the previous convertible debt. As detailed in the Company's quarterly and annual reports, its Asian region U.S. military contracting operations division has been suspended due to low margins, heavy competition, and lack of funding to advance start up cash for larger projects.
As also reported in the Company s annual and quarterly reports, it has written off all losses from its quarry operation in the United Arab Emirates, converted nearly all outstanding debt to equity, and has now stabilized its financial situation. The Company is in position now to grow it new businesses with a clean balance sheet and reduced operating losses.
"Due to the previous economic downturn, increased competition in our target markets, and military funding reorganization, we were not as successful in procuring government contracts in the past year," stated the Company's 's CEO Thomas R. Morgan. "However, with the diversification of our business model into the clean energy arena, coupled with the realignment of strategy as it applies to military activities and other Southeast Asian operations, I am hopeful that we will regain our corporate foothold. I look forward to a much improved outlook for the second half of the current fiscal year."
The Company continues to evaluate the potential acquisition of InterMedia Development Corporation, a media production company and defense contractor based in Fairfax, Virginia. The Company is awaiting audited financial statements from InterMedia as required to proceed with a merger.
The Company is also in the process of formalizing its relationship with Cleanfield Energy, Inc., with a proposed acquisition plan being currently negotiated and expected to close within the week. Cleanfield is properly set up for compressed natural gas conversions in the Southwest U.S., and is currently bidding on fleet conversions.
Lastly, the Company has been selectively bidding to manage private projects in the booming Thailand construction market, and believes that it will be successful in winning projects that have clear profit margins and no advance funding requirements.
Forward-Looking Statements:
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties including the acquisition of InterMedia and Cleanfield as subsidiaries, the Company's ability to procure design and management projects, competitive market conditions, and its s prospects for securing additional sources of financing as required. The actual results that the Company may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. The Company encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-Q and Form 10-K. The Company's public filings may be viewed at www.sec.gov.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Infrastucture Developments Corp.
By Staff
CONTACT: CONTACT: Infrastructure Developments Corp.
Thomas Morgan, CEO
801.488.2006
trmorgan@idvc.us
www.idvc.us
(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.
boywonder1. I see your powers of deductive reasoning are really strong today. Did Batman not teach you anything? That's a very important thing to consider about yourself when reading the rest of this message!
Here's the entire PR again from the company. Remember now, the bit that says that they are expecting to close a tie up deal by the end of the week and the other part saying they are now completing their due diligence looking at the financials on Intermedia. Golly, why hasn't the SEC investigated yet? Any ideas or suggestions as to why? Maybe because your post is hopelessly misinformed, inaccurate and well shows you haven't read :
SALT LAKE CITY, May 29, 2012 (GlobeNewswire via COMTEX) -- Infrastructure Developments Corp. (OTCBB:IDVC) (the "Company") wishes to clarify certain considerations regarding the public market for its common stock and recent business development activities.
Over the past fifteen months the Company borrowed $214,000 from an investment firm to finance the startup of its U.S. Navy "Lido" project in Indonesia as well as for general corporate expenses. The Company borrowed the funds on terms that included a conversion option at a discount to the trading price in the market. The subsequent conversion of the debt to stock, and the apparent liquidation of stock in the market, resulted in a significant increase in IDVC's public float which increase may have resulted in the drop in IDVC's stock price over the past ten months.
Except for $2,000, all convertible debt that is currently entitled to conversion has been converted to stock as of today's date. The Company plans to repay the remaining balance of $39,000 that will become convertible beginning in September 2012 prior to any such conversion.
The Company's losses from the Lido project - due to disputes with local subcontractors and the subsequent termination of the project - resulted in its inability to repay the previous convertible debt. As detailed in the Company's quarterly and annual reports, its Asian region U.S. military contracting operations division has been suspended due to low margins, heavy competition, and lack of funding to advance start up cash for larger projects.
As also reported in the Company s annual and quarterly reports, it has written off all losses from its quarry operation in the United Arab Emirates, converted nearly all outstanding debt to equity, and has now stabilized its financial situation. The Company is in position now to grow it new businesses with a clean balance sheet and reduced operating losses.
"Due to the previous economic downturn, increased competition in our target markets, and military funding reorganization, we were not as successful in procuring government contracts in the past year," stated the Company's 's CEO Thomas R. Morgan. "However, with the diversification of our business model into the clean energy arena, coupled with the realignment of strategy as it applies to military activities and other Southeast Asian operations, I am hopeful that we will regain our corporate foothold. I look forward to a much improved outlook for the second half of the current fiscal year."
The Company continues to evaluate the potential acquisition of InterMedia Development Corporation, a media production company and defense contractor based in Fairfax, Virginia. The Company is awaiting audited financial statements from InterMedia as required to proceed with a merger.
The Company is also in the process of formalizing its relationship with Cleanfield Energy, Inc., with a proposed acquisition plan being currently negotiated and expected to close within the week. Cleanfield is properly set up for compressed natural gas conversions in the Southwest U.S., and is currently bidding on fleet conversions.
Lastly, the Company has been selectively bidding to manage private projects in the booming Thailand construction market, and believes that it will be successful in winning projects that have clear profit margins and no advance funding requirements.
Forward-Looking Statements:
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties including the acquisition of InterMedia and Cleanfield as subsidiaries, the Company's ability to procure design and management projects, competitive market conditions, and its s prospects for securing additional sources of financing as required. The actual results that the Company may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. The Company encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-Q and Form 10-K. The Company's public filings may be viewed at www.sec.gov.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Infrastucture Developments Corp.
By Staff
CONTACT: CONTACT: Infrastructure Developments Corp.
Thomas Morgan, CEO
801.488.2006
trmorgan@idvc.us
www.idvc.us
(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.
Bklynboy56 what words of common sense sure hope everyone here takes note of them!
Well said jupiler WE WILL NOT SELL!
Do not allow the shorter's to make a living! Lets crush them while we have a chance. Shorter's are one of the reasons the world economy is struggling to get off its knees
All longs hold - do not sell. This is going to go up and up till the news we are waiting for comes out. No rush to sell.
Just remember, for a small profit, a fool and his money are soon parted, invest here and reap the rewards! Don't say you wernt warned
Best to hold and watch the MM's push the price up
rand0m .... here we go again, best to buy and hold. Try to trade this and yer pants will catch fire - again! Third time in two days huh! LOL Pretty soon you won't be able to sit down! lol
Do not sell - Force the MM's to raise the price. we can play games with them too!
When a stock promotion site says buy IDVC up to 50cents
You know there's a very long way to go yet! Here's the link, posted by moxy7 I think?
http://www.superstockinvestor.com/page/ssi/promos/idvc/?x=press-12
any time under 50cents is a good time to get in!
Remember - do not sell then MM's have to raise the price!
It is still lunch time over there. Only 1:30pm. Next leg up will start after 2pm.
It's almost like the traders actually sell their positions as they don't want to be in while away from their desks! LOL
Plenty more room to go yet, and plenty of time to get in too.
What is also significant about today's rise
Is that the share price is shooting up on day when the markets are crashing through the floor!
Jimmy.
What is also significant about today's rise
Is that the share price is shooting up on day when the markets are crashing through the floor!
Jimmy.
karibik this is the part I really like in the PR:
This merger brings tremendous value and opportunity for AUCI shareholders and enables AUCI to evolve and mirror the structures of larger conglomerates that are profitably doing business in various industrial and retail sectors in the global marketplace.
Just to re-emphasise - "To mirror the structures of larger conglomerates that are profitably doing business"
Jean_Eric Plamondon, when I spoke to him a couple of weeks ago, specifically said "We are in this for the long term. We are not going anywhere any time soon."
handle1 there sure will be other plays. In case you're not get yourself on some of the stock promotion boards email lists.
Then they come straight to your email address - even if you're not in front of your pc!
Jimmy
If we all hold, the MM's will have to put the price up to get people to sell.
Anyone want to suggest how high this will go? Dr Newman said it was worth 0.05c's a share to one of us in an email.
Sorry, I forget which one of my fellow posters, posted that. Please step forward and take a bow!
If we all go long till at least the end of the week or into next week
They will have no choice but to keep raising the price to encourage people to sell.
I'd strongly urge everyone to keep half when their holding doubles in vale.
You can see by the quality due diligence posted by my fellow posters, that there really is excellent potential here.
Don't throw the baby out with the bath water for short gains.
That's my view folks, you have to make up your own minds.
rand0m, I've already got as many as I want thanks. I have been waiting patiently for this since April, which is when I got in.
Now I'm looking forward to a rocket under the share price. The sky's quite possibly the limit the way news is spreading!
Nice work moxy7 you do find the interesting stuff where we are mentioned.
rand0m this aint heading down much lower than this no matter how hard you think you can try and squeeze the s**t out of it, I'd keep yoer hands clean, bit the bullet and pay the price.
Sorry, I do like mixing my metaphors sometimes! LOL
timetomakemoney or anyone else who might be able to help ... are there shares bought by the institutions in the IPO restricted from trading for a certain time, or are they free float?
Might be interesting to see what happens after that date if there is one unless Sheryl Sandberg can find a way to increase revenues from advertising - remembering they just lost GM! or to maybe work out a way to make money from selling virtual money.
If neither of those things happens in the next two months, I can see this going below $10.
Look on the bright side folks, at least it's just one tech stock suffering a reality check this time, not the whole market crashing and burning into oblivion at the same time!
timetomakemoney - that's because it's clear to anyone that Zuckerberg is socially inept. He's not doing it for the money, they say he drives a beat up second hand car and lives in a semi detached house in the burbs!
Just because he got into Harvard, doesn't make him Emotionally Intelligent, it just means he met the right people whose idea he could steal! Which is about the size of it.
I don't have a facebook page and have nooooo plans to ever get one, just the shares when they fall far enough!
$treetking can I ask why everyone in the USA likes to use candlestick charts for their technical analysis? The only thing I see them as being useful for is to see how much higher or lower the share price went during the day or on intra day trading days of particular interest.
I find MACD, simple moving average, Bollinger Bands, RSI etc as lines drawn on the page so much more easy to interpret and understand as to where the trend is heading.
Like I say .... I wanted to ask why Candlestick charts are flavour of the month on technical analysis charts in the USA - well at least on ihub.
In case you are wondering, I live in London.
rand0m - sorry, this is more likely going up over the next few days. They are going to complete a deal by the end of the week!
That tends to mean more room for share price appreciation in the run up to it!
Still time to get in, not my fault you didn't look at the high runners on Friday and then come to the board and look at the posts here by my esteemed fellow posters over the weekend! Then buy in this morning!!!!
Ya can't say you didn't have your chance! Can you????
Agree bobafet the day to get in at that price was Friday.
I'll be happy just to get back into profit this week! lol I bought a chunk at 0.0070, and then also topped up at 0.0014 on Friday.
Yup, I believed the company was a good investment even at that price.
Well must be lunch time over there? The usual, lunch time slow down then boom after 2pm! lol
I hope lots got in at a really low price this morning, very happy for you if you did.
moxy, great find, see that's how companies become overnight successes a year later! LOL