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I think Waka should have filed a form with the SEC to diclose the 3 million shares they acquired 9/1/2010. That would have made them a holder of over 10%. Very disappointing.
Regards,
03
Very good point.
Regards,
03
the message b4 this Juan was for you Sir. I forgot to reply to a message from you when I posted.
Over
It appears that the pit of the arm will lead to a spring of wealth for the chosen in the higher latitudes. I, on the other hand, am stuck in that pit......which is not very pleasant (I guess I forgot to use deodorant). For now, I press on to find the meaningless in a meaningful life. For pathetic-ness and disorientation has been the key to maintain my list of nothingness.
I hope this message will fill you with joy and give you a measure of fulfillment in life.
Over (the hill)
If the value of the shares at completion are indeed $1......my first thought is that there will be a Reverse Split to get it to that price. Time will tell.
Regards,
03
Maybe news will be forthcoming within the next year or two. Heck, even if the news about the TSX listing comes out soon, who's to say the news will be good? Maybe some mineral reserves (which the company has none) will give a boost to the sp....TSX or not.
Good luck all,
03
Personally, a TSX listing means nothing to me. Having mineral reserves would be meaningful imo. Hopefully, one day, they will.
Also, I find it odd (unless I read it wrong), that a "no modification" agreement signed with Anton was eventually modified.
Regards,
03
I ponder and feel your sentiment Sir.
In other events....
"The sign said "Clearance to the 12ft line" but the chickens were stacked to 13'9. Well we shot that tunnel at 110 like gas through a funnel and eggs through a hen. We took the top row of chicken off slicker than scum off a Louisiana swamp."
I'm sorry, but you'll be short a few chickens to the farm.WHY? Now you know.
Over
All these posts concerning CHWM and the phrase "toxic financing" has not been mentioned? 58% is a great deal! LOL.
http://www.sec.gov/Archives/edgar/data/1434667/000114420411031800/v223766_10q.htm
During the three months ended March 31, 2011, the Company issued an additional $92,500 of notes for cash. Of these notes, $25,000 were convertible at the 10-day average trading price of the Company’s common stock at the conversion date (due date), and $57,500 were convertible at 58% of the average three-day low closing price in the 10 days immediately prior to the conversion date (due date). The Company determined that these notes did not meet the definition of “conventional convertible debt” because the number of shares which may be issued upon the conversion of the debt is not fixed. Therefore, the conversion feature of the debt was bifurcated and accounted for as a derivative. The remaining $10,000 received was a non-interest bearing note from a related party shareholder which was repaid during the quarter ended March 31, 2011.
[A] The remaining notes at March 31, 2011 and applicable accrued interest were converted into 320,195 shares of common stock subsequent to March 31, 2011.
[B] One of these notes with a principal amount of $5,000 and applicable accrued interest was converted into 256,233 shares of common stock subsequent to March 31, 2011.
[C] In January and March 2011, the Company issued $32,500 and $25,000 of convertible notes, respectively, convertible into common stock at 58% of the average three-day low closing price of the Company’s common stock during the ten days immediately prior to the conversion date. These notes bear interest at 8% and are due in July and December 2011, respectively. The Company determined that these notes did not meet the definition of “conventional convertible debt” because the number of shares which may be issued upon the conversion of this note is not fixed. Therefore, the conversion feature of the debt has been bifurcated and accounted for as a derivative. A discount of approximately $21,830 and $22,810, respectively, has been recorded on these notes as of March 31, 2011. Subsequent to March 31, 2011, the note holder converted $8,000 of these notes into 1,194,030 shares of common stock.
8
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[D] Subsequent to March 31, 2011, the Company borrowed an additional $8,500 from this note holder.
..........I heard a voice speaking unto me, and saying in the Hebrew tongue, 03, 03, why persecutest thou me? [it is] hard for thee to kick against the pricks.
Well dang! I guess I should've read that book written by humans that other humans said was inspired by the one that other humans call "the Omnipotent Juan" (not to be confused witht the Great, but overindulged, Doughnut Eater.).
Over
spj,
Is that July of this year....or next year?????
Regards,
03
No Sir, I rarely, if ever, call companies. I see no need to call CNYC at this point.
Is this the same property Kleinebar Resources was trying to offload about 10 years ago? If so, then no one saw value in funding Copper Valley before they lost the option? Copper prices have changed since then. Seems Canyon Copper is having better luck though.
Over,
03
I hope your CNYC TSX listing happens. You've been waiting a while for this. As you know, this isn't their first venture into getting a listing. I wonder what ever happened with the "Union Securities" deal to get them listed?
03
I am not saying that CNYC will not find (edit) mineral reserves. Maybe they will. And maybe they won't. Time will tell.
Regards,
03
CNYC-No mineral reserves. I stand by my statement based off of information from the company.
Regards,
03
I think that is why they are doing the drilling. To find some (edit) mineral reserves.
03
I can understand that. Here's a fact. CNYC has no mineral reserves. Hopefully that will change this quarter.
Regards,
03
Thank you for your response to my post concerning CNYC. It was just an opinion.
Regards,
03
The public information is better than the phone conversation imo. There is some opinion and specualation in that link. If he was of the opinion that institutions were going to sell, would he tell you? LOL. Not that I would blame him.
I am basing my opinions on what I see in the filings. I am not saying there will not be money to be made here. I just dont see anything to get excited about here. IMO, if there was substantial proven reserves, I think they'd be able to more funding at better prices. Again, jmo.
Maybe, just maybe, they'll drill a hole that finds something really good. At that point they could start getting better finincing deals. In the end, I think that is what some people are hoping for.
Regards,
03
I hope you do well. I will not call your post nonsense. As I value your opinion. May your final approval for listing give your CNYC shares a boost.
Regards,
03
SPJ,
Right now, I don't see a buyout....until they come up with some substantial proven reserves. Please keep in mind, I have not ruled out an orchestration to get the sp up.....I never rule that out. Never. In the future, however,I expect more dilution.
Regards,
03
So has CNYC gone beyond the "conditional approval" status?
Regards,
03
spj,
After reading most of the filing history of CNYC, the only thing that sounds reasonable for investor value is a buyout of some sort. And that is if they ever find anything substantial to mine.
Just my two cents,
03
I wonder if CNYC will ever make it onto the TSX. It would not surprise me if they didn't. Maybe they should do a reverse split to get their share price to a respectable level. They've done it before.....twice. Unfortunately, it only led to more dilution. Maybe on the (possible) next reverse, they can keep the (edit)share count stable. But I would not count on it.
Regards,
03
Oh, you're back. Well, I was considering taking this board off of my favorites because I felt it was becoming stale and boring (like my posts). Thanks for helping me come to a final decision.
Over (TGL),
03
I personally don't think that CNYC level 2 post on the ask side is in any way a good indication of the amount of share waiting to be sold. When you can see ALL orders the mm's have * logical orders, * any future orders that people/entities may sell when the price appreciates......then you will have better assessment of the amount that is available for sale. Of coures, is that possible? I doubt it.
Just my two cents,
03
I'm hoping CNYC goes down next week. I'm not predicting it will. Just hoping.
Regards,
03
I like the delay too. With the delay, maybe it will head lower and maybe I may even buy some. I'd love to get some of the prereverse .04 shares :)
03
SPJ,
I hate delays. I buy with the hopes that I'll be able to sell the next day for a 1000% gain. But what really happens is.......a lotta waiting. LOL.
Over,
03
SPJ,
Keep on venting. Its a breath of fresh air on this board.
Regards,
03
I read the news. But then I made the mistake of reading the latest 10Q. Still watching for an orchestrated event though.
Over,
03
CADV - Another CT Order
http://www.sec.gov/Archives/edgar/data/937252/999999999711010196/filename1.pdf
I lived in Atlanta once. That's only 25 miles from Ark. Or am I lost? I'm sorry, what country are we talking about? LOL
03
Typing in stereo eh?
Ugh
This is why disclosure in public filings is so beneficial. In the link I posted, it sounded like Chatterbox bought SWWH.
Seems to me that Wakabayashi Call Center(maybe existing in name only?) changed its name to Chatterbox Call Center and merged into Sound Worldwide Sept 1st. Sound Worldwide did not report this in an SEC filing in the appropriate period which, imo, is wrong.
Also on that same page:
COMPANY OBJECTIVE:
Chatter Box Call Center, Ltd. – [SWWH.BB] – In November 2010 purchased Sound World Wide Holdings, a “Fully Reporting – Audited” Public Traded Company on the OTC.QB. On March 4th, 2011, Chatter Box Center, Ltd. filed Form 8-K / Information Statement on Schedule 14(c) with the SEC. The company name and “Ticker Symbol” will soon change effective to [CBOX.QB].
The issuance of new shares? I think that may be the plan.
http://webcache.googleusercontent.com/search?q=cache:nvb7fTZ0WSEJ:www.linkedin.com/groups/US-OTCBB-Public-Traded-Company-1811423.S.45972045%3Fqid%3D6e2ef51d-17d1-49b3-b6f4-025d0d48c1d1+paul+pintor+chatterbox+november&cd=2&hl=en&ct=clnk&gl=us&source=www.google.com
Paul P. • To each:
Chatter Box Call Center, Ltd - [SWWH.BB] which trades on the OTC.BB - US Stock Exchange is aggressively engaging into mergers and acquisitions globally. The company is interested in setting up structured conference calls as we are negotiating mergers and acquisitions with firms. As part of the agreement, we are issuing stock as currency for the merger into the public traded company.
Regards,
Paul V. Pintor
Investor Relations
Global Development Director
[US] 785-476-2147 Office
[US] 972-782-4377 Office
Skype: paradigmplacements
www.chatterboxcallcenter.com
I'd like to know more details about the merger stated by CXLL in a previous filing. They state a merger took place Sept. 1 last year. This could be the reason, if true, that Wakabayashi was issued 3 million shares from the company on that date. And if they owned 3 million shares on Sept 1st, then why did they not file a form with the SEC stating that they held over 5%?
More in a bit