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in my opinion its never been jim's plan to phase out anything... if you look at his history he has a penchant for multi-tasking when it comes to business... he's already in several industry sectors with his privately held companies... it seems that with jim if it's a viable income/revenue maker he's gonna run it and if the aloe was a bust it would of been gone by now... so thats a good sign that he sees it as a viable going concern... but as i have maintained all along this publicly traded company will be a holding company... many companies under one ticker and in my opinion his privately held companies will come under the care of USFM and the beauty of that is negotiations will be easy as the assets will be going from jim (private) to jim (public) no long drawn out negotiations and no scammy hustles like you see in other pinksheet deals as i dont think you can rip off yourself as jim owns the lions share of the stock
to me it looks like it will possibly be the new website for USFM and a name change possibly? as it's obviously a reference taken from the usfarms phone number 1-877-90farms
"I am also curious as to their purchase of a new domain on 4/4/11 (new products? mergers?). "
could you elaborate more on the new domain purchase? i am not very tech savvy and am curious if you have or can track down the name on said domain... thanks
yup i got the email saved and i tried to gain access so i could familiarize myself with the layout but sadly i cant get in until it starts it seems... yes! i would love a pre conference call press release! some phat and juicy USGE acquisition news would get this party started nicely! Or a double whammy of CB Commercial & USGE acquisitions would be the walk off homerun! with such a small float i would anticipate clearing the .04 mark in very short order!
I suspect people will be getting in as there is always a possibility of breaking material events on these shareholder conference calls. I missed the first one as I was out that day. I signed up for this one yesterday is it audio only or video also? Do I need any special downloads etc...? Also I see where you can gmail questions to them. Did anyones questions get read last time? I plan on coming up with a nice list of pertinent questions. CE's don't bother me if I have access to TA's and the CEO, and these guys are as transparent as it gets!
I agree as in my conversations w/ jim and in the early days with chuck cilbulka it was clearly evident that these guys are stand up people willing to be accountable... keep your eyes on the NVSOS US Green Energy filings... although i think jim is too keen to update it pre-press release / webinar! As far as the vegas trade show and Samanthas facebook posting that they were on their way and the "wall st." guys were in the office prior to his going there... there very well may be a connection in all of that to a said vendor at the show... as i never thought he was going there to secure financing as im sure hes had that wrapped up for quite some time as im confident hes been lining things up even before final consummation of him taking over the USFM... i guess i could speculate on this forever but at this point we are getting ever closer to the webinar and a meaty PR as you dont just do preferred placement of stock to run the daily business... boo ya!!
who converts out if the price per share is not = to or greater than the preferred share price w/ dividend? not too mention the usual time restrictions on converting out... i trust jim to have set these things as reasonably and fair to all included in said situation... also i have the utmost confidence in jim vision for USFM going forward... hes proven in the past to not be a diluter for dilutions and his own benefits sake... CMS Enhancements Inc. his first publicly traded company had something like 6.7 million shares!!
Dude that is freaking awesome!! Those would be the wall st. guys Samantha was talking about i.e. the venture capital guys who have now bought in to the company w/ preferreds stocks that will most likely have a dividend attached to them and also convertible to commons but usually not until some pre-determined time down the road and are redeemable usually at the holders request... with that being said they dont redeem them unless the recovery rate is better on the commons than the preferreds w/ dividend they have now! so really its a win, win for us common holders cuz the price per share will of had to rocket up for these institutional investors to convert out to commons otherwise it wouldnt make sense and they would stay preferreds and out of the float... these people are incredibly shrewd in their investments and do not just throw money at penny stocks without foreknowledge of the plan going forward! Here is another sweet part of this situation jim now has the financing in place and dollars to doughnuts the next webinar these forward looking projects that are now fully funded will be discussed! Heck who knows their may be an acquisition announcement even made! USGE or even a different company! Because you can bet your bottom dollar this money was not injected to liquify the aloe part of the business... jim made it perfectly clear that USFM was going forward with other acquisitions to be brought in to USFM!! Dang I'm pumped up now for the webinar!! Thank you smitter for that info as I instantly bought the 44,400 @ .0169 on the ask after reading it!! Good luck people it's about to get good!!
I wonder if jims trip to vegas will include swinging over to NVSOS and shelling out the 425.00 to get up to date on US Green Energy... wouldn't that be a sweet little possible tell!
i dont believe that my posts can or do sway anyones decision to buy or sell... if they do they should really get a better system of doing due diligence... not too mention its only you and i here...lol...as far as trying to pick up more shares... absolutely not i have what i feel comfortable with at present... if i wanted to accumulate more i would of never brought this to the attention of anyone in the first place until filled w/ what i wanted... as it was undiscovered and in most liklihood would of stayed that way... as far as a r/s goes... yes he said we are not planning one at the moment... but he also said "We are also not ruling out a reverse in the near future." not just "in the future" but "in the near future" to me that is very specific and can not be discounted as such... time will tell
that very well may be the case... although i dont see jim limiting himself to that said certain sector... so i guess its a toss up and i also wouldnt discount him from a possible oil company acquisition either
oh i agree with the further along part definitely... IR told me as soon as the books are caught up and audited (this week or next) that announcements will be made... what announcements? that i was not privy to... but imo minimally the first incoming entity is lined up... as far as the possible r/s goes i still am a believer in it happening... but as long as this stays out of the limelight i could care less... a liquidity rocketship up and then a investor perceived negative catalyst does nobody good in the end other than flippers and they are sub-human (jk)... i have a feeling alot of the 39m float is in old mgmt's hands... if you look at volume since its changed hands for the last 2 or 3 teams (or couple of years) this has not been traded very much at all! for me it's all about how greedy do they wanna get w/ the imo coming r/s and whats the new share counts... a/s o/s float etc... those things will come in due time... but i can tell you this i can count on one hand the amount of r/m's that didnt r/s and still have some digits left over for pickin' my nose
yeah im not still convinced that SHKZ will be rolling in multiple companies and yet still not be retained by scott... in my opinion he's the guy and will be the CEO otherwise it would not have made sense to do the sunbiz.org filing with him as CEO... they would of just waited until the merge and put the new guy on the certificate... plus if your merging in multiples how are you gonna decide which incoming CEO takes over at the helm? as they will all be on the board of directors or at least want to be...imo this is scott's baby and really as far as i can check up on it it seems to coincide with his only other publivly traded venture EETC... on his PSC or Belveder website i did intellus checks on some of the comments made by supposed people he had helped... long shot and very obscure i know but like one of the names was a dude in miami reece thomas i think... intellus retreives one reece thomas in miami... but hes 80 yrs old... so i think scott is pretty fresh to the game... which is cool and he will learn not to make the same mistakes next time... i dont think he realized the power of penny guys scrutinizing DD on securities they invest in... he knows now
then the value would be 164 million have you read the financials of BCCI? they dont line up with 164 million market cap... let alone 46 million... this isnt a bash just the plain old truth... big difference in the two
46 million dollar market cap. valuation... thats one crazy number for what seems to be a boutique sized coffee shop chain... think tim sykes knows about it yet?
after doing research on the trade show this week in vegas that jim is going to... ive been trying to figure out just what exactly the reason is...! i purveyed the roster of exhibitors and it basically boils down to investment companies, security trading firms, and then private and publicly traded companies...and of the public and private companies its mostly oil,precious metals, green energy, real estate and so on...if you had to formulate a reason for his trip there what would you ponder is the reason... assuming he isn't going just for kicks or to make connections... im interested in what everyones opinions on this is... me personally, i dont think its targeting investors as he would of actually gotten a vendor booth there... as well as i think he's already got them "wall st. guys" as samantha puts it...lined up... is he there to pursue an acquisition? maybe... just thought i'd throw this speculation out there
http://www.moneyshow.com/TradeShow/las_vegas/moneyshow/main.asp
SHKZ will be finalizing a R/M after the books are brought up to date and audited...which i was told will be this week or next by the IR guy... the new CEO already has everything in place including a IR firm that will answer any and all questions thrown at him... its all been reported over at the SHKZ board
http://investorshub.advfn.com/boards/board.aspx?board_id=11335
SHKZ will be finalizing a R/M after the books are brought up to date and audited...which i was told will be this week or next by the IR guy... the new CEO already has everything in place including a IR firm that will answer any and all questions thrown at him... its all been reported over at the SHKZ board
http://investorshub.advfn.com/boards/board.aspx?board_id=11335
IR emailed me back about the secretary wayne fellus and i was told that it's merely a ceremonious position and that he will not be involved at all with the day to day operation of SHKZ... so thats a good sign!
any post liquidity concerns? 50m / 25 = 2m shares... might be a pain to trade unless of course the incoming company is a mega-rock star type corporation... just wondering... and feel free to set me straight if i messed up anything... as ive only started to dd this one
i really dont know but my best guess would be fa-rook as opposed to fa-rook-e
good morning people... long time no type! yes chocolope the money show! It looks like jim is going to las vegas for the money show! my personal thoughts are that he may be meeting with some financing people there. at first i thought he may be exhibiting there but i didnt see his name or USFM or USGE on the roster... heres the link to da MONEY SHOW!
http://www.moneyshow.com/TradeShow/las_vegas/moneyshow/main.asp
yup... it is what it is... and at this point i will just kick back with my shares and let this baby unfold... however that may be... ive done all the DD that i care to on this one now its up to the company to create the value through strategic acquisitions
front running institutional buyers trades... this guy worked at a boutique financial firm... even before the day i ever made my 1st trade i would've known thats cheating... and when he knew he was toast he turned informant and that is why he only got the 3k fine... so in my opinion not only did he cheat but then went rat when he knew it was over... who knows if the "ghost" jame scott brown even is a real person... i gonna go and look on the sunbiz.org site at the ficticious names list and see if he's on it
The Secretary at SHKZ, securities fraud felon Wayne Fellus had himself his final court date last week. Not very good timing with the R/M coming up as that news is fresh atop google searches.
http://www.bloomberg.com/news/2011-05-06/ex-a-b-watley-trader-warren-fellus-fined-3-000-in-squawk-box-case.html
I just dont know what to make of this one either, you got felon Wayne, IR Chicola with his 2 year suspension from the nasdaq for trading infractions. A CEO who says his payments are made in equity but an EDGAR search brings up only one and like u said its the EETC IPO that isnt even complete. All those gushing over the top articles written by or for him. Also it seems his real name is James Scott Brown look at the electronic signature on this EETC filing.
http://secwatch.com/none0001495230/3/insider-trading-%28form-3%29/2011/3/31/7788307
Maybe that can help you dig up more on the enigma wrapped in a puzzle James Scott a.k.a. James Scott Brown. Sadly, I get more and more negative on this one as time goes on.
i will hold what i have now but will not add until i am confident of no major pullbacks from unknown POSSIBLE future catalysts i.e. a reverse split, overly abundant new share structure, the quality of soon to be released audited financials as well as the quality of the merge in company... or if any upcoming events do come to fruition and negatively affect share price i will add at as close to bottom as my instincts allow me to...yes these are the unknowns we all go through on every single reverse merger and really you have to base your decisions on any information culled from the company... it's nice to see these guys be upfront and open about everything so far... granted all of the answers aren't ideal for shareholders but they rarely are...then of course theres the character issues... all in all like i posted earlier its a crapshoot here
well that compensation is on a different deal the Energy Edge Technologies Corp. IPO... i was just using that as an example to brother282 to show that he does at least have one other viable business dealing other than this Shaka Shoes R/M... i read the EETC S1/A last night and the shares issued to the people who are working on that IPO really dont have a value yet as they are basically created out of thin air... they have decided to arbitrarily choose the number $0.10 as the initial public offering price which after going thru the fin's of EETC they might be worth $0.04 at best imo... another little interesting side note is that SHKZ IR guy jeffrey chicola also got 300,000 shares of EETC for the work he did on the IPO... we traders are on the wrong side of the action... we should be doing a little work for these companies and getting paid in big ol chunks of stock like they seem to do for themselves...lol
I know that he is working on an IPO currently so thats real... its not quite the 10 million assets & revenues, limited debt stuff he touts on his website... here is the S/1A for energy edge technologies corp. http://bit.ly/k33vra you will see his compensation of 5.5m shares in there...also yes i know as of now no reverse split which is why i put in my opinion in there...and i only pointed out the new shares issued and old shares cancelled to point out that we will not know the authorized share structure until the audits are done...also ive read a heck of alot of responses from CEO's and IR companies and that response to me personally screams reverse split... i too am conflicted as to where the outcome of this could go...short term it could go sky high as the L2 and share structure seems to indicate... but with management not ruling out a reverse split in the near future as well as the secretary of the company who is a convicted securities fraud felon and P.O. box for for a mailing address these things tend to keep people a bit wary of said securities im not sure how much interest SHKZ will garner... theres just so many other securities people can put their market cap. into and not have it be as big of a gamble... all in my opinion of course
yeah this one is a total crap shoot you got the CEO issuing new shares to himself, old management retiring shares, a gagged TA that the IR guy says will insure "accuracy", a UPS P.O. box, a secretary of the company convicted of a felony for securities fraud for front running institutional investors here is a bloomberg article about it and his responses are funny http://bloom.bg/k4eFqv, an IR guy who effected unauthorized trades in public customers’ accounts and was suspended in all capacities for 2 yrs. and a $10k fine, a CEO who won't show his face and in my opinion a reverse split forthcoming... seriously you can't make this stuff up any better than that for a story line!
let's hope so...I am not concerned at all about what he wrote about the "dilution" as that is usually restricted and doesn't really affect the public float... i do have some concerns about the "possible reverse split in the near future" part...at this point if in fact a r/s does come into play i just hope SHKZ doesn't become too discovered and go on a meteoric rise and then a r/s is announced those tumble badly... your comment on james scott being a "ghost" and not allowing himself to be photographed is perplexing... did you read that somewhere? and if so do you have a link? i found a couple other things that have me a bit leary... the address on the sunbiz filing is a UPS store, a P.O. box http://bit.ly/kCJL4A
and then also as stated on the sunbiz filing the secretary of the company is Warren Fellus who was convicted of felony securities fraud http://www.sec.gov/litigation/admin/2007/34-56643.pdf thats not good and lastly even the IR guy Jeffrey Chicola's google search came back with this the 9th name down http://www.rrbdlaw.com/RegulatoryLinks/undsettl/2007.htm?print=1 more trading infractions... granted these guys are not the CEO and I do hope that the merging partner does take control of the publicly traded company as these things make me leary combined with your James Scott "ghost" posting
Recieved a response from Investor Relations with some updates on future plans... here it is
1).Is the TA "Gagged"?
I am not sure what you mean by "gagged'. I assume by that you mean are we going to ask the TA to no longer provide info? If that is what you are asking then yes we will ask the TA to refer all questions to the company or Sage. Understand we are not trying to be less transparent it is just that no public company should ever allow information to come from their TA. There is no way to know for sure that someone at the TA is providing accurate info.
To ease your concerns about transparency. We agree every company should have a certain level of transparency. SHKZ is in the process of finishing audits for the past 3 years & Belvedere has audited numbers. Belvedere has spent a considerable sum to make sure the company has up to date filings. Once that is completed you will be ale to go to sec.gov or the company's website to see their filings.
2). Outstanding shares & Public Float
I will get the numbers to you shortly. In the transaction in which Belvedere purchased Shaka there were new shares issued to Belvedere. However, there will be old shares owned by former management whose shares will be retired. Once the audit is complete I will get you the new share count.
Though a reverse is not being effected at this point nor is one being planned, I would expect considerable dilution. Belvederes plan is to merge several new companies into SHKZ so there will have to be shares issued to those companies in payment for their assets. We are also not ruling out a reverse in the near future.
On the flip side to that currently there is no value to your shares. With this merger there will be some value brought to the current shareholders. It may take time but Belvedere has a plan to build this company into a large public company quickly. I cannot give to many details but I assure you, Mr. Scott the CEO of Belvedere is focusing on several hot sectors with profitable companies to acquire into SHKZ. They will be a much more formidable entity than a "sandal maker".
I hope that answers your questions in a satisfactory manner.
Why don't you give me a call and we can talk further about the company & I can answer any of your questions.
Regards,
Jeffrey Chicola
Sage Market Advisors
908 228 2197-Office
908 477 0090-Cell
thesageis@aol.com email
So there you have it... its kinda a bummer that the TA will be gagged as that doesn't provide transparency and who knows how accurate and or timely the company will be in updating the share structure...also kinda a bummer that they are not ruling out a "reverse split in the near future" as that sounds pretty much like it's coming to me... hopefully the incoming entity has some serious clout... because the way that is worded it looks like a R/S is very possible upon completion of the R/M but of course its what almost all OTC pinks do to free up shares to sell into the market... man I hope this works out... I would strongly suggest any invested here call or email Jeffrey Chicola with any questions you may have about future plans of SHKZ
SHKZ confirmed R/M from the CEO & IR
DD
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62789635
A recently purchased publicly traded company bought by Mr. James Scott of Princeton Corporate Solutions llc.
http://www.princetoncorporatesolutions.com/
https://twitter.com/#!/princetoncorps
https://www.facebook.com/home.php#!/profile.php?id=100000330214561
sunbiz.org http://bit.ly/mRJiN1
2010 Annual report old CEO http://www.sunbiz.org/pdf/74550668.pdf
2011 Annual report new CEO http://www.sunbiz.org/pdf/04617245.pdf
Investor relations
Jeffrey Chicola
Sage Market Advisors
908 228 2197-Office
908 477 0090-Cell
thesageis@aol.com email
www.sagemarketadvisors website coming soon.
http://www.otcmarkets.com/stock/SHKZ/quote
Yeah I did look into his past business dealings as best I could. And it seems he does have a pretty nice resume. And knows what it takes to get the job done!
i put in a emails to Stock Island Transfer and Mr. Chicola IR as well as Mr. Scott CEO a couple of hours ago... i will post the results as soon as i get them...i get roughly 31m on otcmarkets and 39m on scottrade for the o/s but those seem to be from a couple of years ago... the impression i got is that all will be updated when they update otcmarkets.com with the audited financials when they are finished auditing them...which i was told will be a week or two as per my emails w/ IR... as they seemingly havent done much with SHKZ in the last few yrs. i'd like to hope its still a very low number...
SHKZ So I stumbled across this one by total accident! I was looking for a different company with a very similar symbol and the auto prompter listed a few SHK_ companies and I entered the wrong one... lol...but i continued with the search anyways and noticed the CEO change on the annual and took it from there... here is my DD of this yet known soon to be R/M security!
http://bit.ly/m7j9KE
i see stockgoodies is friends on facebook with james scott of princeton corporate solutions hes doing a r/m on SHKZ check it out
http://bit.ly/m7j9KE
Oh it will do! ive made all the necessary calls to confirm these things and i hope you will call or email and reconfirm! The share structure is tiny on this one and its only a matter of time as they are auditing to remove the stop sign etc... and then we will hear who the R/M is with!
SHKZ...R/M very soon emails to CEO and IR confirm!!
http://bit.ly/m7j9KE
Ok so I've spoken to Mr. James Scott of Princeton Corporate Solutions pertaining to SHKZ. He is in fact the owner of SHKZ. Here is his reply to a facebook message I sent to him confirming he is the right James Scott as CEO of SHKZ:
Thank You for reaching out to me. We like hearing from current Shaka Shareholders. I would be happy to answer any questions & provide some info on the direction we will be taking. Princeton/Shaka has hired Sage Market Advisors as our Investor Relations Firm & its principal Jeffrey Chicola to provide Corporate Communications. If you contact Jeff he would happy to answer your questions. Here is his contact information; Jeffrey Chicola-Managing Partner
Aries Investment Partnership
908 228 2197-Office
908 301 9115-Fax
email-thesageis@aol.com
So I emailed Mr. Chicola asking for specifics to SHKZ and what direction they are heading here is his reply:
Thank You for contacting me. Mr. Scott did make me aware that you were looking for information on SHKZ.
I will be happy to provide as much info as I can. I am limited in what I can tell you at this point since we have not made much info available to the public as of yet.
First let me correct something. SHKZ is not in a "shell status". SHKZ was an operating entity in which Belvedere Consulting aka; Princeton Corporate Solutions of which Mr. James Scott is the CEO, has bought a majority stake. It is the intention of Belvedere to merge in several other operating entities in the near future.
As I mentioned above, I can not go into much detail about that as of yet. We will have some press releases coming soon that will give more details.
What I can tell you at this point is that Belvedere has invested capital into SHKZ to have an audit completed & to have their filings brought up to date. This will allow them to have the "Stop Sign" designation removed and once again be a fully reporting company & trade as such.
Those filings should be complete and update to date within the next week or two. Once that is done we will start making announcements.
Now, I don't know much about that past history of SHKZ so I cannot comment on that but, I can tell you with Belvedere & my company Sage Market advisors being involved, we intend to bring value, to the past & future shareholders of SHKZ. Belvedere & Sage have extensive experience in creating shareholder value.
I am sure you have many more questions. I would be happy to speak with you & answer what I can without revealing privileged information. Feel free to call me at the below numbers & we can discuss SHKZ at length.
Again Thank You for contacting us & I look forward to speaking with you.
Regards,
Jeffrey Chicola
Sage Market Advisors
908 228 2197-Office
908 477 0090-Cell
thesageis@aol.com email
www.sagemarketadvisors website coming soon.
So as you can see it seems things are going to start moving at SHKZ. I hope that anyone reading this would make some calls and write some emails to verify these things for themselves.
Here is some links to get you started:
Sunbiz.org Look at the annual reports for the CEO change and dates http://bit.ly/mRJiN1
Mr. James Scott on facebook and he is a friendly guy who will accept penny stock friends look at his friend list stock goodies etc are on there... http://www.facebook.com/profile.php?id=100000330214561&ref=ts
Mr. James Scott on twitter http://twitter.com/#!/princetoncorps
http://www.princetoncorporatesolutions.com/
And as you can see the new Investor Relations companies information under his email reply sent to me this morning. Enjoy your day!
SHKZ new CEO in annual report
old annual 4-05-2010 http://www.sunbiz.org/pdf/74550668.pdf
new annual 4-26-2011 http://www.sunbiz.org/pdf/04617245.pdf *note the address*
new guy is james scott and he is a facilitator in companies going public
http://www.princetoncorporatesolutions.com/
http://on.fb.me/lvrz3S
http://on.fb.me/jwWPlG
and then i came across a initial statement of benefical ownership statement with james scott with the same address as on the sunbiz filing which is 73 OLD DUBLIN PIKE SUITE 10 #142 DOYLESTOWN PA 18901
but the company that he now owns the shares in on the filing is not a publicly traded company and its name is energy edge technologies inc.... it was filed on 3-29-11
http://www.investorscopes.com/ACS-INC/3/10890466.aspx
here is their website
http://energyet.com/
maybe theres a connection here... well see but in any event it seems SHKZ will be getting a company rolled into it as far as what i can tell it's been in a shell like status for a while now