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Nice news, would like to see them cancel some of the AS also to prevent any dilution (if any exists). Maybe that is the next step. We'll see
Check out TSSP, getting vol/buys, break of 12/13 could be nice
TSSP getting vol/buys, break of .0012 could be good
Better would be how XTMS is going...wish this thing would move already
Actually about even. I have calls and puts to balance out and they haven't moved much. Apr 2007, so still have time. Just trying to learn a bit. I think i have like $150 invested to see how the options move with the stock price...etc.
Today may be the day XTMS goes. Steady climb. I can only hope
Learning about options trading, basically penny trading for the big boards, so fooling around. Put some puts on big boards yesterday, may pan out for me after all! Everything will be red again today (big boards).
Been told it is dangerous, or profitable, so using very small amounts of cash. We'll see.
XTMS News
Market News First Features Xtreme in "Four Market Makers Allegedly Sell Naked" Article
BAKERSFIELD, CA, Mar 14, 2007 (MARKET WIRE via COMTEX) -- Xtreme Motorsports of California, Inc. (PINKSHEETS: XTMS) ("Xtreme" or the "Company") has been featured in a story written by Sherri Snyder of Market News First, a news and information portal covering established companies and new opportunities in the microcap space. A copy of the article can be found at the following web address: http://www.mn1.com/members/modules.php?name=News&file=article&sid=13384.
"Although we're certainly not pleased with the impetus for this news story, we are comforted by the fact that Market News First has chosen to further underscore what our shareholders have experienced as a result of the illegal naked short selling of Xtreme's stock," commented Alan McCaa, President & CEO of Xtreme Motorsports. "We hope more companies bring attention to the imbalance this problem creates and the harm it causes shareholders, who don't have the same access to the 'system' as market makers and brokers."
About Xtreme Motorsports of California, Inc.
Xtreme Motorsports is a manufacturer of custom and production-line sandrails, desert and dual sport racecars. Founded in 1983, Xtreme's sandcars have been sold to customers in England, the United Arab Emirates, Australia, South America and the US. For more information, visit the corporate web site www.xmssandcars.com.
Forward-Looking Statements
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements and takes no obligation to update or correct information prepared by third parties that are not paid for by the Company.
Contact:
Fairview Investor Relations, LLC
661.310.7880
Contact via http://www.marketwire.com/mw/emailprcntct?id=367EE14
News. Market News First Features Xtreme in "Four Market Makers Allegedly Sell Naked" Article
BAKERSFIELD, CA, Mar 14, 2007 (MARKET WIRE via COMTEX) -- Xtreme Motorsports of California, Inc. (PINKSHEETS: XTMS) ("Xtreme" or the "Company") has been featured in a story written by Sherri Snyder of Market News First, a news and information portal covering established companies and new opportunities in the microcap space. A copy of the article can be found at the following web address: http://www.mn1.com/members/modules.php?name=News&file=article&sid=13384.
"Although we're certainly not pleased with the impetus for this news story, we are comforted by the fact that Market News First has chosen to further underscore what our shareholders have experienced as a result of the illegal naked short selling of Xtreme's stock," commented Alan McCaa, President & CEO of Xtreme Motorsports. "We hope more companies bring attention to the imbalance this problem creates and the harm it causes shareholders, who don't have the same access to the 'system' as market makers and brokers."
About Xtreme Motorsports of California, Inc.
Xtreme Motorsports is a manufacturer of custom and production-line sandrails, desert and dual sport racecars. Founded in 1983, Xtreme's sandcars have been sold to customers in England, the United Arab Emirates, Australia, South America and the US. For more information, visit the corporate web site www.xmssandcars.com.
Forward-Looking Statements
Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements and takes no obligation to update or correct information prepared by third parties that are not paid for by the Company.
Contact:
Fairview Investor Relations, LLC
661.310.7880
Contact via http://www.marketwire.com/mw/emailprcntct?id=367EE14
Bloomberg Naked Short selling show on You tube:
http://www.youtube.com/squeezetriggerreport
Bloomberg Naked Share report on You tube:
http://www.youtube.com/squeezetriggerreport
This is what bothers me with XTMS and isn't good. All of this news, hype, MOMO, trading and we are RED. Not sure I am gonna stick around much longer. Not comfortable with that. This thing should be a lot higher.
XTMS going now
If XTMS doesn't move now, I'll be suspicious. 100M traded, and still having some troubles. Hmm.
CNES getting vol/buys
.004 going!
You are not alone my friend!
Great! No TV here. Can you update us all? Thanks
At least until tomorrow, dividend date today also.
XTMS dividend...last day to get in
I'm showing it trading on Etrade .02 X .07, had 1-250 RS
Big covering going on
XTMS News, did you see this?
XTMS Xtreme Motorsports Secures Cancellation of Approximately 47% of Issued and
Outstanding Common Stock
BAKERSFIELD, CA, Mar 12, 2007 (MARKET WIRE via COMTEX) -- Xtreme Motorsports of
California, Inc. (PINKSHEETS: XTMS) ("Xtreme" or the "Company"), in response to
shareholder concerns related to dilution, has secured the cancellation of
approximately 394 million of the 839 million shares of common stock issued and
outstanding. The majority of the cancellations were effectuated on March 9, 2007.
Currently, the number of issued and outstanding shares of common stock of the
company amounts to approximately 445 million, and is structured as follows:
--Total: 445 million
--Free-trading, Certificated: 330 million
--Free-trading, Electronic (the "Float"): 115 million
The Company will be working over the next several weeks to secure cancellation of
additional shares as part of its efforts to improve the quoted price per share of
Xtreme's common stock.
"While we have identified at least four market makers perpetrating significant
shorting of our stock, our efforts to cause these groups to cover and improve our
quoted price per shares through the issuance of dividends have not had the
desired effect," stated Alan McCaa, President and CEO of Xtreme. "By way of this
immediate cancellation of a substantial number of our outstanding shares, we are
bringing an immediate benefit to shareholders who have purchased stock in the
open market -- each now owns 47% more of the company.
"As part of this cancellation initiative, I have canceled all of my restricted
common stock, amounting to approximately 254 million shares, and now only hold
preferred stock in our company. I hope this is indicative of my concern for
shareholders, my belief in the operational success of Xtreme and in our future
prospects for significant revenues and profitability.
"We will continue update shareholders regarding the status of this
recapitalization effort, as well as any developments in our naked short selling
forensic investigation," McCaa continued. "We also wish to assure shareholders
that the company has no plans to further dilute shareholders, other than the
distribution of dividends which will take place as previously announced, or
increase our authorized capital."
About Xtreme Motorsports of California, Inc.
Xtreme Motorsports is a manufacturer of custom and production-line sandrails,
desert and dual sport racecars. Founded in 1983, Xtreme's sandcars have been sold
to customers in England, the United Arab Emirates, Australia, South America and
the US. For more information, visit the corporate web site
http://www.xmssandcars.com.
I'm sure SA wouldn't mind if you posted some of the nice pics here! I know how crazy girls get when they are liquored up!
Takes HDSN 5 bazillion to uptick 1 then he sells 5000 and drops again, disgusting.
EOD buys coming in on XTMS
Your optimism keeps my finger off the sell button (so does a big loss)! Man this sucks.
Needs to turn.
Watch the red cross the green today! Could be nice, been ave down a bit. Thanks for the chart
I have been reading for a while with little to no posting, but have to say, it was a kick in the nuts. I agree once it hit .0001-.0002 it was inevitable (just waiting for IMJX to RS too, screwed there too). Pick up the pieces and move on is what I say. Happy with the 10 baggers, sux with the RS, nature of the pinks.
You worked hard and thanks for the time and effort.
I do well with the pinks and them WHAM, murder. Just amazes how it is legal. Ah, but so is blackjack. Now that type of gambling is fun as hell! Plus the drinks are free so it eases any pain as you are getting killed!
Oh well. Looking forward to my next Vegas trip.
Sold out, lick my wounds. You have all lost your money. I have never seen a stock recover from an RS, even a 1:40, so have a good one. These are the dangers playing with the pinks.
I hope! Bought more down here to ave down. Big gamble, but got killed with AAGM R/S. Been holding a while from last year. Just reconfirmed why I shouldn't play with pinks. Its miller time
Podium Venture Group, Inc. Subsidiary N'East Magazine Heads to the Burton US Open of Snowboarding as Media Sponsor
Mar 8, 2007 09:39:23 (ET)
PORTLAND, Maine, Mar 08, 2007 (BUSINESS WIRE) -- Podium Venture Group Inc. (PDVP), an apparel, media and publishing holding company in the lifestyle sports industry, announced today its subsidiary N'East Magazine is returning for its second year as a Media Sponsor for the Burton US Open of Snowboarding in Stratton, Vermont.
"All over the country, athletes, key industry brands and spectators are flocking to Stratton, Vermont for the 25th anniversary of the US Open of Snowboarding, commencing March 12th- as is N'East Magazine as an Official Media Sponsor. With over 50,000 in attendance over the four days including key global sponsors; Motorola, Snickers, and Volvo - for N'East Mag, it is a key event for both readership expansion, brand awareness, and strategic networking on the biggest stage in the industry."
- Jim McGinley, President & CEO, Podium Venture Group, Inc.
Ms. Tyler Briggs, Communications Director adds:
"This year's Open should provide tremendous exposure for us. With a hot-of-the-press and first ever "Green Issue", an amazing Photo Annual which features a 10-page story on the history of the Open - and the usual crowd pleasing antics we are known for - I think this year's Open will prove to be a very successful event for N'East - it's the biggest event in a region and audience we command."
For more info on the Burton US Open of Snowboarding go to:
http://www.usopen-snowboarding.com/Sponsors.aspx#mediasponsors
N'East Magazine ( www.neastmag.com ) can be found at Borders, Barnes & Noble, Eastern Mountain Sports, REI, Universal News, Shaws, B. Dalton, Hudson News, and independent bookstores and retailers nationally.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
BREAKING: SEC Suspends Trade on 35 Pink Sheet Companies
Posted on Thursday, March 08 @ 08:33:56 CST
MN1 Staff Report
The SEC announced about 15 minutes before market open Thursday that it was suspending trade on 35 companies trading on the Pink Sheets, citing rules in Section 12(k) of the Securities Exchange Act of 1934.
Trade will be suspended beginning 9:30 a.m. today and will remain suspended until midnight March 21.
“The Commission ordered these trading suspensions because of questions that have arisen regarding the adequacy and accuracy of publicly disseminated information concerning among other things: (1) the companies’ assets, (2) the companies’ business operations, (3) the companies’ current financial condition, and/or (4) financing arrangements involving the issuance of the companies’ shares,” the SEC said.
The companies suspended are as follows:
Advanced Powerline Technologies Inc. (APWL)
America Asia Petroleum Corp. (AAPM)
Amerossi Int’l Group, Inc. (AMSN)
Apparel Manufacturing Associates, Inc. (APPM)
Asgard Holdings Inc. (AGHG)
Biogenerics Ltd. (BIGN)
China Gold Corp. (CGDC)
CTR Investments & Consulting, Inc. (CIVX)
DC Brands International, Inc. (DCBI)
Equal Trading, Inc. (EQTD)
Equitable Mining Corp. (EQBM)
Espion International, Inc. (EPLJ)
Goldmark Industries, Inc. (GDKI)
GroFeed Inc. (GFDI)
Healtheuniverse, Inc. (HLUN)
Interlink Global Corp. (ILKG)
Investigative Services Agencies, Inc. (IVAY)
iPackets International, Inc. (IPKL)
Koko Petroleum Inc. (KKPT)
Leatt Corporation (LEAT)
LOM Logistics, Inc. (LOMJ)
Modern Energy Corp. (MODR)
National Healthcare Logistics, Inc. (NHLG)
Presidents Financial Corp. (PZFC)
Red Truck Entertainment Inc. (RTRK)
Relay Capital Corp. (RLYC)
Rodedawg International Industries, Inc. (RWGI)
Rouchon Industries, Inc. (RCHN)
Software Effective Solutions Corp. (SFWJ)
Solucorp Industries Ltd. (SLUP)
Sports-stuff.com Inc. (SSUF)
UBA Technology, Inc. (UBTG)
Wataire Industries Inc. (WTAF)
WayPoint Biomedical Holdings, Inc. (WYPH)
Wineco Productions Inc. (WNCP)
Dang, XTMS still getting killed. Oh well, have to wait this one out I guess
Dang, XTMS still getting killed. Oh well, have to wait this one out I guess
UPDA Subsidiary Executes Contract with Western Refining for Sale of Condensate from Brownsville Storage Facility
THURSDAY , MARCH 08, 2007 06:29 AM
SAN ANTONIO, Mar 08, 2007 (BUSINESS WIRE) -- US Petroleum Depot, Inc., a subsidiary of Universal Property Development and Acquisition Corporation (OTCBB:UPDA)(FWB:UP1)(BCN:UP1)(GER:UP1)(MUN:UP1)(STU:UP1), has executed a contract with Western Refining, Inc. (NYSE: WRN) (www.westernrefining.com) for the sale of light crude condensate from its storage facility in the Port of Brownsville, Texas. Western has agreed to purchase as much condensate as USPD is able to deliver for resale to Shell Chemicals, a division of Shell Oil (NYSE: RDS) (www.shellchemicals.com) in a product-swap transaction.
Pursuant to this sales agreement, the price to be paid for the light crude will be based on South Texas Condensate quality and will have four components Base Price plus Trade Roll plus a Platt\'s differential minus Transportation differential. The base price will be the arithmetic average of the daily settlement price for the "WTI" Futures contract reported by the New York Mercantile Exchange "NYMEX" using the "CMA ALL DAYS" formula which is the calendar month NYMEX prices for the month of delivery, deemed 40 degrees gravity and deemed delivered in equal daily quantities.
The settlement prices shall be averaged for the entire Merc Trade month while the delivery month is the Merc Prompt month. The months averaged shall be the prompt (delivery) month and the next two months. The roll component for the prompt month/second month shall be the difference between the prompt month averages minus the second month average times a decimal factor determined by dividing the number of trade days in the delivery month that the second month trades on the Merc by the total number of Merc trade days in the delivery month. The roll component for the prompt month/third month shall be the difference between the prompt month average minus the third month average times a decimal factor that is one minus the decimal factor for the prompt month/second month. Weekends and Holidays have neither an actual or interpolated price. The roll components will be added together to arrive at the total roll component.
The Platt\'s daily high/low average for St. James LLS minus Platt\'s daily high/low average for Cushing WTI. This is the daily LLS/WTI spread. The daily LLS/WTI spread will be averaged when the delivery month is the prompt trade month.
"Now that we have nearly 20,000 bbls in the tanks and almost all of the necessary regulatory approvals, the final negotiation of this contract should allow us to start making deliveries early next week," reports Agustin Soto, COO of US Petroleum Depot.
About UPDA
Universal Property Development and Acquisition Corporation (OTC BB: UPDA) focuses on the acquisition and development of proven oil and natural gas reserves and other energy opportunities through the creation of joint ventures with under-funded owners of mineral leases and cutting-edge technologies.
Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to Future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
SOURCE: Universal Property Development and Acquisition Corporation
Boy I screwed the pooch with UPDA. Just sold out as it wasn't moving and was testing lows, today news with Shell oil.
Dang
We can only hope for a reversal
I believe so, I think they only extended the deadline, but investors may think there is something underlying with that (bad). Again, we can speculate all day, otherwise the fact is we got crapped on and the chart is screwed now, so I hope there is a bit of recovery and I have ave'd down a bit.
Hope I can at least break even. Nature of the pinks I guess.
Win some, lose some