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Everyone email Wayne, tell him we want to see the financials.
Looks like the mm manipulation game is not working, nobody is selling at these levels.
Come on Wayne give us another press release today, how about financials.
It amazes me a pink with actual revenues trading at these levels, things will break soon.
15k at .0075 already premarket.
MLB.com demographics.
http://boston.redsox.mlb.com/NASApp/mlb/mlb/sponsorship/traffic/index.jsp
Lots of exposure.
Chip, hog and a few others are also in deep dodo.
Me too. I wish I had that info in August.
Pop I agree with you that's why I put 14k into this stock. I believe that this is the real deal but the question is was the last two days sell off the company dumping shares or was it the people who bought at .002 to .008 selling. I would prefer to thin that it was the latter, however I need verification of that. The truth will be next week if the share structure changes on the seretary of state site. We have real assets that are verifible,in the U.S. what a concept rathere than the ME and mysterious companies. I got banned from that other board because I asked to many direct questions about Wessal and Red Sea and was told by people like and friends of Ruff that I was full of S####. They made the money and I got sucked in. I don't think that will happen this time, as you said people are very gunshy about these penny stock promotions and yes I am one of them. Hopefully for you and I we will come out of this ok. I'm in at .0178 for 14.5k and believe me Mr. Ed will be hearing from me if this is a pump and dump.
Read the worm blog and you will find out about ruff and some others that were involved in sXXb pump.
http://theworm06.blogspot.com/2006/12/sljb-paul-s-davis-rrufff-is-removed-as.html
I hope this does not get deleated but here it is: From the worm
the_worm06
Thoughts, Comments and Research on Publicly Traded Companies
[SLJB/LFWK]: Mr. Paul S. Davis (Paul Davis, "rrufff") - "This is still my biggest position..." Posted by the_worm06 | 8/17/2006 - Wednesday, August 16, 2006
Blog Post from http://theworm06.blogspot.com/
It is interesting to note promoter rrufff's comments below about SLJB being his biggest stock position out of dozens of stocks that he owns. rrufff, together with promoter John M. Holen ("jmhollen"), has a reputation as an investor in companies that tend to be fraudulent and have a significant amount of promotional activity, including a substantial amount of fluff press releases and spam faxes and emails, that are used during the companies' pump 'n dump phases.
As previously mentioned, rrufff is ignoring the fraudulent historical financial statements filed by SLJB/LFWK with pinksheets and also on SLJB's website.
HISC, the pump and dump stock that rrufff mentions below has now lost 90% of its value from the peak of the days when it was heavily hyped by rrufff. HISC was also heavily promoted by Johm M. Hollen.
Another stock, GCHR, has also lost about 90% from its peak when rrufff was heavily promoting it, down to the current $0.005/share, which is the exact price projected by the_worm06 Research Department (here is the_worm06's stock price prediction: http://snipurl.com/roko). GCHR was also heavily promoted by John M. Hollen.
Pay attention as Mr. Paul Davis hypes and promotes SLJB in this posted message on Silicon Investor: http://www.siliconinvestor.com/readmsg.aspx?msgid=22705505
Is Arizona attorney Ron Logan aiding international penny stock fraud?
By Tony Ryals Friday September 23, 2005 at 09:05 AM - endoscam@lycos.com
http://utah.indymedia.org/news/2005/09/11777.php
U.S. penny stocks are being used as a conduit for money laundering and illegal pump and dump activities around the world. The SEC turns its back and, while international in scope and conducive to criminal activities and fraud upon unsuspecting individuals and investors and to money laundering or even aiding terrorists, these transactions may be going on, at least in part, in your own back yard, or at least in your own state. And you or a neighbor may become a victim if they are not reigned in. The world wide internet combined with SEC's Reg S and lax enforcement of rules and laws already on the book have made it all too easy for these criminals to 'reach out and touch someone'.
Below are two posts from offshorebusiness.com message board:
http://www.offshorebusiness.com/message_board.asp
They are written by a Mr. Ron Logan of Logan & Geotas, PLC, Phoenix, Arizona, the Arizona attorney for the Bellador Group,(http://www.belladorgroup.com), a boiler room operation located in Kuala Lumpur and Dubai, etc and a Mr.Taylor from that boiler room, or penny stock sales group itself. These types of questionable penny stock operators are allowed to deal in U.S.penny stocks to the detriment of U.S. and other retail investors and shares are not generally audited by the SEC that looks the other way so far.
Note that Bellador's Arizona attorney Logan lauds the corrupt, even criminal, management of Mr.Dwight Cantrell and Mr.Robert Johnson of Endovasc in Montgomery, Texas and has the nerve to claim the company is being 'naked shorted’, meaning non-existent shares are being dumped by some unnamed party or broker.
'Bellador has been a strong supporter of the efforts of Endovasc to fight the naked shorting.'
- Belladorgroup.com Attorney Ron Logan
http://utah.indymedia.org/news/2005/09/11777.php
Sulja Bros. (SLJB.PK) EMAAR , UAE
By another Mid East-U.S. penny scam ? on 8/22/2006 4:38:24 PM
E-mail: endoscam@lycos.com
http://www.kycnews.com/message_board_detail.asp?id=26610&page=1
I received this from yet another naive investor (maybe we should start a club). I am overloaded with penny stock fraud scams and many do seem to have Middle East connections and always using unaudited U.S. penny stock shares as their currency. Has it always been this way or has Middle East interest and use of U.S. penny stocks actually increased since the W Bush regime has come to power?
Anyway if anyone has any info on this particular fraud (I now take it for granted U.S. pink sheets or OTCBB companies, even more so with Middle East connections are frauds),please let me know. If anyone knows anything about this particular scam I will pass it on to the person enquiring.
I'm beginning to think some folks in the SEC particularly Bush appointees should be rounded up and jailed under the Patriot Act or whatever for allowing exactly what they and W Bush ASSURED US WAS NOT OCCURING AND WOULD NOT OCCUR IN DUBAI,UAE POST 9/11.
Even when George W Bush was trying to sell U.S. operations to that UAE ports company a while back he repeated his lying false promise that fraud and money laundering no longer occurred among his Saudi/Kuwaiti/Dubai/UAE friends.
'Allies’, so he claimed, it was safe to sell our ports to the UAE.NO DOUBT W MIGHT HAVE SAID THE SAME BEFORE 9/11 ABOUT WHAT A GOOD IDEA IT WAS TO HIRE THAT KUWAITI FIRM MARVIN BUSH WAS A PARTNER IN TO 'PROTECT' THE WTC AND DULLES AIRPORT. HAH.
-Tony Ryals
Here is the email I received :
I recently read your article "SEC Covers up UAE Money Laundering with U.S. Stocks" I recently purchased shares of an unaudited stock Sulja Bros. (SLJB.PK). Press Releases speak of enormous deals with UAE companies, including the mother of all companies, EMAAR. Well, my reason for writing is, is there any way to know if this company is for real, or whether I have been had in a brilliant scam. Thanks for any info
- anonymousBottom of Form
Sorry just venting, I lost more money on that other stock than this one and it just chaps my A@# that these ceos and also people on message boards that have connections with the said company can rip people off like you and I . I am not saying that this is a bad company, but they have to prove it to me now. Big time!
Paul S. Davis ("rrufff") is removed as a moderator of the Investorshub.com SXXb message board
ow that more investors are opening their eyes towards the SxxB scam, and after being involved in the SxxB stock promotion campaign and assisting the SxxB scam by attacking individuals that posted the truth about the SxxB scam, including the deletion of any posted messages that presented truthful information on SxxB, rrufff is removed as a moderator of the IHUB SxxB "boiler room" message board. As has previously been reported in this blog, he admitted to having sold many of his SxxB shares during the time that he was pumping and hyping the stock and attacking individuals that presented the truth about the scam.
.
.
I have sent them 8 emails in the past two days none returned. This man Ed has to prove to me that he is a man of his word or beleive me he will see me on his doorstep. I beleive I had seen you on the other board. They banned me because I told them the truth about ruff and a few others that were pumping that stock and selling into it at the same time. I'm glad ruff got taken out hope he gets put in jail.
The company has assets, revenue dispite they may have an a#$ that needs to release a/f they are still a solid company. I am as pi$$ed as most of you have 14k now 6k in this, they have to perform or I am going to be on their doorstep. Just when every one is freaking out is when, hopefully they will come through. As I said if they dont I will do my best to make their life miserable.
Cool, timeshares are very profitable. I think it will just take a few days before the momentum starts. Lots of people have been burnt on penny stocks lately and are gunshy, when more see this is a real company the interest will build.
Six good reasons to buy. I would have expected a better run today, but maybe it is just going to take a few days for this to sink in. The company is making good on their promises, there are real verifiable assets and income. IMO some of the people that got in at .002 to .008 are selling now. The new base of shareholders are in at .01 to .02. As soon as the people that bought in at .002 to .008 are done then we start moving up. It would help if we get A/F after the bell today.
1) NEW YORK, Nov 21, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets:IBCX) announced today that it has a final draft of its audited financial statements and after review will release them to the public.
2) NEW YORK, Nov 22, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets:IBCX) announced today that its Board of Directors has approved an immediate reduction of its Authorized shares from 500 Million to 350 Million.
3) NEW YORK, Nov 24, 2006 (BUSINESS WIRE) -- IBAC Corporation (PINK SHEETS: IBCX) a Hospitality Holding Company today reported record revenues for the month of October ($842,842.53) these revenue figures are based upon internal records and are subject to verification by the company's independent accountants and auditors.
The company projects annual revenue of $10,500,000 to $11,500,000 for the calendar year of 2006, which will represent a significant increase over last year and the best year in the company's two year history.
4) NEW YORK, Nov 28, 2006 (BUSINESS WIRE) -- IBAC Corporation (Pinksheets:IBCX) a Hospitality Holding Company today after the bell announced, that it is in the process of preparing the required form 10, that is necessary for the company's request to trade on the OTCBB.
The company is working on a fast track basis, and expects to file the form 10 very soon, thus giving the company the ability to trade on the OTCBB.
5) NEW YORK, Nov 30, 2006 (BUSINESS WIRE) -- IBAC Corporation (PINK SHEETS: IBCX) a Hospitality/Resort Holding Company reported that tonight the Board of Rosswood Country Club in Pine Bluff, Arkansas unanimously agreed to sell the historic property to IBAC Corporation. The Property will be a 100% owned subsidiary of IBAC Corporation
6) ????? Audited financials released form 10 filed.
Tomorrow will be fun after buying in a couple of days ago at .018. The cliff hanger is over. See ya in the am!
Pine Bluff Country Club - Pine Bluff Golf Course
http://www.golflink.com/golf-courses/golf-course.asp?course=266
Address 7619 Rosswood Rd. Pine Bluff, AR 71603. Phone is listed but IMO don't call and pester the owners.
http://www.google.com/search?client=firefox-a&rls=org.mozilla%3Aen-US%3Aofficial_s&hl=en&...
Just a few days ago it gapped to .015 to .017 quickly, with this news and the prospects of an uplisting soon, from a company that kept their word, Priceless. Honestly IMO we will break .02 within the first hour and will hold it this time. By the end of the day my prediction is we end up at .025 to .03 close.
Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
IBCX rocks tomorrow morning!!!!!!!!!!!!!!!!!!!!!
My gut tells the same, another afterhours pr today.
Agreed, some people talk about dilution but 550m shares of a company that has 10m revenue is not bad at all. 2006 net revenue is almost 10% increase from 2005. The company is making money. Also why spend 80k on a/f if you don't intend on uplisting, Ed could just keep it a pinky and dilute to his hearts content but it does not look like that is what he is doing. JMHO
Right Dec 1st.
IBAC CORPORATION AND SUBSIDIARIES
CONSOLIDATED CONDENSED STATEMENT OF FINANCIAL CONDITION
SEPTEMBER 30, 2006
(unaudited)
http://ibaccorp.com/IBACCOMPLETEFINANCIALSSEPT.pdf
Sept 1st is the record date. All shares outstanding on this date will be eligible for the divy. If you own shares and hold them until after 12/18 you will get the divy. If you sell shares before 12/18 you sell the shares with the divy attached. Also if you buy shares before 12/18 you buy the shares with the divy attached. The thing I am confused about is why the paydate is 12/15/06, usually the paydate is 3 days after the x dividend date. So to be absolutly sure you get the divy you should buy on or before 12/15. Maybe someone else can clarify why the paydate is before the x dividend date.
IMO you can buy and sell up to the x date. As long as you own shares before the x date you get the divy, however the x date on this is 12/18 and the paydate is 12/15. So to be absolutly sure to get the divy, you need to own on or before 12/15. Any shares bought and sold between 12/1 and 12/15 will be bought and sold with the divy attached.
Dividend Search Results for IBCX
http://www.otcbb.com/asp/dividend.asp?sym_id=IBCX&dDate=12/01/2006&sDateType=Record_date
Show me some proof of what you are saying. I would like to see your dd to back up your statements.
I have pretty much just forgot about this stock for a while. You probably know more about than I do. You are right in your assesment that the stock will move up on it's own based on anticipation. I just looked at the words in the last pr that the audited financials are done and the companys registration statement with the sec that they exepect to make public. All in all it looks like Michael Sheppard is making good on his word. We will see in the next few weeks. Good luck to ya.
Agreed, but knowing pinks I will sell a little on the way up to get my original investment back and hold the rest if it looks like it is going to do 1000%
LAS VEGAS, Jan 27, 2005 (BUSINESS WIRE) -- Michael Sheppard, chairman and CEO
of NMC, Inc., (Pink Sheets:NMCX), announced today the availability of the
Company's unaudited financial statements for the year ended December 31, 2003.
Chartered Accountants, Pannell Kerr Forster (PKF) prepared the financial
statements in compliance with generally accepted accounting principles of the
United States. PKF is a member of PKF International, a network of independent
firms of accountants and business advisors with 430 offices in over 100
countries.
Sheppard noted that the 2003 financial statements reflect the Company's
transition from development stage to a revenue-generating enterprise. This is
the result of NMC's having entered into an irrevocable contract on June 2, 2003
for the sale of 137,939 tons of precious metal concentrate (approximately 26% of
its Skull Valley tonnage) to a privately held company. The total contract price
is $500 million over 10 years. The concentrate was sold on-site, as-is, in the
pits. Sheppard said that the buyer's due diligence included independent assays
of the ore concentrates conducted under the control and direction of the buyer.
NMC received a first payment of $720,860 during 2003, included in these
financial statements provisionally as deferred income. The second payment and
the balance of the $ 11 million down payment will be paid as follows: $350,000
on or before March 31, 2005, then consecutive monthly payments of $500,000 until
the entire down payment is fully paid. The remaining $489 million will be paid
over a 10-year period from the date the second payment is received by the
Company.
Recently, the Company's accountants were provided with documentation relating to
the buyer's financial strength. The Company anticipates that as the buyer
progresses along the payment schedule, further indicating its ability to perform
under the terms of the agreement, payments will be treated as revenue on the
income statement, and the amount of the balance under the agreement may be
posted to the balance sheet as accounts receivable.
A major portion of the Company's assets include its mineral inventories in
Arizona; mining claims located in San Bernardino County, Calif.; and mining
claims near Mesquite, Nev. To date, NMC has conducted no significant mining
activity on either the California or Nevada properties, which must be
core-drilled to prove the reserves. NMC is currently negotiating toward the sale
of additional Skull Valley ore concentrates and intends to use a portion of the
cash flow from the sale of its Arizona concentrates toward development of its
other two properties.
March 01, 2005 22:00:00 (ET)
LAS VEGAS, Mar 1, 2005 (BUSINESS WIRE) -- NMC Inc. (Pink Sheets: NMCX) today announced the availability on its Web site (www.nmcinc.com) of assays and valuation reports pertaining to its Arizona, California and Nevada properties. In making the assays and valuation reports available, the company provided a brief explanation of the history, purpose and methodology for assays used to determine the composition of its ore. All assays and valuations pertain to the company's ore in its present form.
Over the past 10 years, NMC Inc. has commissioned literally hundreds of assay reports for its three properties located in Arizona, California and Nevada. These assays have been preformed by independent third-party assayers. Reports have been used for a variety of purposes as part of the company's pre-purchase due diligence to provide a reasonable representation of the material, the overall valuation of the ore, the quantity of precious metals at different stages of production, litigation support, and equipment testing and calibration.
There are numerous assay methods for determining the existence of precious metals in any particular sample of ore, with some methods more suitable than others for recognizing certain types of minerals. As an example, assay for a complex ore such as the Platinum Group Metals (PGMs) is conducted differently from single-element assays. This is why assayers offer a variety of assay protocols.
Sample preparation will affect the quality of an assay. An insufficient or improper sample preparation renders improper results. The process of dissolving the sample and the effective separation and detection methods are critical in the analysis of precious metals.
For the evaluation of its ores, the company has adopted an assay procedure used by the third-party independent assayers. This is not a "proprietary" method, nor is it a "secret" method. The sample is pulverized to a -200 to 400 mesh (as a reference, common talcum powder is approximately -300 mesh). It is then placed in nitric acid and simmered at 205 degrees for 4 hours.
Next, hydrochloric acid is added at a ratio of 3 parts of hydrochloric acid to 1 part of nitric acid forming an aqua regia solution. This is simmered at 205 degrees for 20 hours. The result is that the sample is totally dissolved in 24 hours at 205 degrees. The solution is diluted with deionized water and placed in a high-resolution Inductive Coupled Plasma Spectrometer (ICP). The company owns two high-resolution ICPs, namely, a Leeman PS-1000 and a Leeman High Profile Plus. Each ICP can analyze 64 elements at the same time. Also, a high-resolution ICP has more clearly defined wavelengths and more separation between and among wavelengths for clearer identification of elements.
In the ICP, a controlled plasma flame is created by argon gas. The elements present in the sample are ionized and emit identifiable wavelengths. Great care must be exercised in identifying a particular wavelength representative of a specific element. Also, given the multiple-element nature of the sample, care is required to eliminate those wavelengths that may interfere with an accurate reading. There are virtually thousands of possible wavelength combinations. Each element has 20 to 40 wavelengths. The Leeman High Profile Plus has approximately 2,000 wavelengths pre-programmed and has additional wavelength capacity. The selection of appropriate wavelengths is both a science and an art.
To assist in the interpretive process, the U.S. Department of Commerce, Institute for Basic Standards, National Bureau of Standards, has published and adopted the "NBS Tables of Spectral-Line Intensities" as the source for the wavelength values of elements.
In addition to the above, the assayers used, and the company has adopted, a fire assay approach. The sample is pulverized to -200 to 400 mesh. It is then mixed with a standard flux including borax, flour, feldspar, silica and a "collector" of tin or nickel. It is then heated to a temperature of 2,950 degrees for 40 minutes and a bead is formed. This bead sample is prepared as stated above and placed in the ICP for analysis.
Management of the company emphasized that when reviewing its assays, it is useful to keep in mind that, by the very nature of the earth's crust, each sample will vary in the elements contained. The material is not homogenous. That is the reason that samples are taken from numerous locations on each of the three properties. Samples also have been mixed together from different locations on the same property to develop composite assays.
NOTE: To convert parts per million (PPM) to ounces per ton (OZ/ton), multiply PPM by .02917. (PPM x .02197 = OZ/ton).
NMC Inc. has interests in mining and ore processing. In addition to its Skull Valley (Ariz.) claims, the company owns seven mining claims of 20 acres each in Mesquite, Nev. and 17 mining claims on 340 acres in San Bernardino County, Calif., in all of which it owns 100% of the mineral rights.
Statements contained in this release that are not purely historical are forward-looking statements within the meaning of the Safe Harbor clause of the Private Securities Litigation Reform Act of 1995. These statements are based on information available to the company as of the date of this news release, and the company assumes no obligation to update or revise these forward-looking statements. Forward-looking statements are inherently uncertain, and the company's actual results may differ from management's expectations. Risks and uncertainties associated with forward-looking statements include without limitation, U.S. and foreign currency fluctuations, changes in environmental and mining regulations, delays in obtaining regulatory approvals, costs associated with processing ore concentrates, fluctuation in precious metals markets, general economic and business conditions, litigation and other factors. All subsequent forward-looking statements attributable to the company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Financial estimates, whenever provided, either by the company or by third parties, are subject to change and are not intended to be relied upon as predictions of future operating results. NMC Inc. assumes no obligation to update or disclose revisions to such estimates.
SOURCE: NMC Inc.
He He I have been a bagholder on this for 2 years. Not a lot just 20k shares. I just bought 1m shares last week. I'm thinking it will at least go back up to .05 and with confirmation of almost 2 billion ore it could go way beyond that.
I think we will see a filing monday or tuesday. Then this thing is going to rocket.
the minerals are clearly worth close to 2 billion dollars if they are now receiving 500 million for 26% of the ore. " This company will do well, this is the perfect time to get in. If you have, doubts watch the stock. It is going to run within the next few days. IMHO
NEWS !- $48.9 million a year! (NMCX.PK)
NMCX - "The Company has already received an initial payment of $700,000, and the remainder of an $11 million down payment is to be paid over 24 months."
"Under the terms of the agreement, the buyer will pay the remaining $489 million over a 10-year period calculated from the date on which the full down payment schedule is activated..."
$48.9 million a year! Can you say $1+ target price???
NMCX - $500 million sale over 10 years!
NMC, Inc. Announces Sale of 137,939 Tons of the Concentrated Ore Inventory in Skull Valley, Arizona
Wednesday December 22, 6:00 am ET
$500 million sale over 10 years represents 26% of Skull Valley tonnage
It's always good to get into it before everyone else finds out about it. I have been watching this one for 2 years with 20k shares, just bought 1m shares last week. You have to wonder how 40 million shares trade per day for the last week without someone interested. Someone knows something and that is who is buying. JMHO