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Wait for it..Wait for it.....
"The company's website will be revised to provide shareholders with accurate and timely information. Furthermore, the shareholders can be assured that they will be notified and be issued the required proxies for the upcoming shareholders meeting."
Well..as long as we are assured...me worry?
MJ
OT: So funny. I went to the dentist today too. $206 for 40 minutes. I should buy stock in him!
MJ
I think the cat got Slava's tounge. Until there is "News" all the action here will be sub-penny covering. A nice shade of Red Tarmac covering.
MJ
Of course Slava Stands by what's posted on the website. What's he gonna say? "I don''t believe a words of this but here ya go? "
MJ
What happened to the Fish?
MJ
I don't understand why they would re-post that NI43-101 in English.
1)First of all there is no mention of PUMA acting as Krong's agent.
2)Next, the dates jump all around. The cover page says "Commencement date 9 November 2007"
page 11 says Preliminary sample performed "October 2007"
Page 12 says "the results of the anaysis 06.10.06
page 13 " dates results in a different format again (17 October 2006)
3)And then there are the 2 page 34's one signed and one not. with the date of 9/11/2007 (which, to an English speaker would indicate the report was commenced and concluded in one day
4) Finally, page 5 (4 and 1.5) say that Tsnigri has relied on Krong for all information concerning ownership and contents of tested materials.
How can an investor take any comfort in this document?
MJ
Believe me, I'm no expert but I have seen companies on the pinks R/S, change thier name, and increase A/S in less than 24 hours so nothing surprises me. I hope that you are right and I am way off. I just expect the worst and hope for the best.
MJ
I think indirectly. IMO, I think they are bitter about the way things have transpired with the Russians and the fact that the stock never traded near the aledged buyout price. So as a means of hedging thier bets they have some off-shore or seemingly unrelated entity naked short it close to zero and then get rich covering. I think the Monimpex crew are good at what they do but they are generally bad people.
I could be totally wrong but that senario help me to get a grip on what the heck happened here and when I can get an understanding of what happened, then hopefully, I will see it coming a lot sooner next time. I love the pink-sheets. I just want to do a better job trading them.
MJ
Aurus knows this. I think that they have some news of subsatnce in the tank but they are not going to waste it now. They will let all the shorts cover under .01, then R/S 1/1000 or somthing like that, and then drop the "Good" news. Then they can start selling into that news without worry because the share structure will permit it. Imo
MJ
It's interesting that the PR did not even mention Eholdings. If you read it it looks like they changed thier name to the same name. And no mention of Hamby, SIP panels, Fish farms. phone cards, global positioning, long distance packets, and darned if I know what else they have promised in the past.
Anyway, good luck with this to all new investors. The absence of Hamby can only be viewed as positive.
MJ
You could argue that it did for, at least, 48 hours. Aurus is a different animal. Gold is "sexier" than oil. Metals are on-fire now and there are many more un-answered questions about Aurus. Therefore, greater "potential" in the short term. Where Ndol was nearly incomprehensible, the Aurus PR machine is much more professional. They know how to sell the sizzle. imo
MJ
"(If) the shorts are covering right now, you can bet that the Administrators will also use that strength to continue to fill out the balance of the 500 mil A/Shares (logically) before any R/S will occur"
You can drop the IF imo. I think it's self evident. And don't anyone think for a minute that a R/S will doom this company. The lure of easy money has a very strange appeal and there will be a whole new crop of "Investors" who will white-wash all past sins of the company...at least in the short term.
The R/S is the best friend of the pinky company. It's like a heart transplant or maybe better..the witness protection program.
MJ
Q, Everyone knows JR got fat when this thing went to $3.00. He should show a little faith in his baby and re-invest now when they need it....unless Julie took it all.
Regardless, with the interest shown by Kidde and Vitusa, I can't believe that PS can't get someone to front the $1 million to get this show on the road. 1 million is chicken feed for a company like UTC or an VC company. It's hardly qualifies as a tax write off.
Let's see what happen this month
MJ
Please, there is a lot more where that came from. Everyone wants to cover before the R/S and Aurc will accomadate them by saying nothing. Isn't that great?
Meanwhile, Slava et al. pour another Martini and contemplate life on the Champs Elysees
MJ
That's a BIG assumption. I'm assuming that no one will ever hear of Red Tarmac again unless it's mentioned in some type of law suit.
Now, I sure hope Slava puts on that pot of coffee and starts his creative typing. We are dying of boredom here. When this is all done he has a future writing for the supermarket tabloid "The World News"
MJ
Does someone have a calculator? Quick, what's 500 x nothing?
Answer: A whole lotta Doug Hamby
MJ
Great, Slava is now an American History buff as well as a philosopher. "Slava has said our forefathers fought for "freedom of speech" Slava says "Good things come to those who wait"
What the ****? Is this guy for real? How about Slava tells the truth. Now that would impress me.
MJ
Relax, just wait until we get "more news" and "more news on top of that" like some posters were assured we would have last week.
It really bothers me that investors are forced to grovel for the truth and watch shareholder value evaporate while fat Slava and the gang are free to sit in their comfortable homes and offices, sipping martinis and watching the sun rise over the St Laurent.
There's no justice
MJ
Dougy, my favorite manufacturer of shares of air.
According to the NASDAQ Dividend List, eHolding Technologies, Inc. (OTC: EHDN) has declared a 1-500 reverse stock split. This reverse stock split will ONLY be available to shareholders of record as of March 10, 2008.
In case anyone here wants to congratulate Doug on his success I still have his Email
doug@securebuilt.com
MJ
2C, can you explain the relationship between Krong LTD, Krong JSC and Aurus? Also, any info on how they relate to Puma and Red Tarmac. It's definitely confusing.
Thanks
MJ
p.s. Sorry I missed your PM
Red Tarmac seems to have fallen off the the Radar, if not the map. eom
MJ
At least he is keeping that seat warm! I agree, this company has potential. What it needs most, besides $, is execution.
Let's see what our tireless leader can do in the next month or so before we throw him under the bus.
MJ
Sunwz, IMO,I don't think there is any will, desire or intention on the part of the Canadians to realease a PR of substance today or before they R/S. The Russians got into bed with some bad guys and when they realized this, they did what they could to clean house. However, the Canadians/Monimpex are pros so they hedged their bets by naked shorting this thing to death with the intention of covering sub-penny. And they have done eveything in their power to get this stock sub-penny.
The whole is too big now to turn things around with the current share structure. I don't know if Slava is a bad guy or not but even if he wasn't, his bosses wouldn't let him PR anything of value until they are all done covering.
They have had pleanty of opportunity to draw a line in the sand and prove revenues from gold deliveries are actually benefiting shareholders and they have decided not to. Whether they can't or won't, it doesn't matter. This thing is going sub-penny. I'm looking for some huge volume without much price appreciation as the naked shorts cover, and then the R/S.
I could be totally wrong but this is the only explaination/senario that makes sense to me right now.
MJ
Sub-penny today or trend reversal? I think if there is no PR today or one with just fluff then the AURC's plans become self-evident. They may have decided the pastures are a lot greener with a Reverse Split. New investors, Loosen the strangle hold of naked shorts, and be in a better position to uplist. They can just hold all the real news until after the R/S.
If they do R/S, I would sure hate to have Slava's job. But then again, he is almost untouchable so he may not give a rat's butt either way.
I hope I'm way off here but this is a very common senario in pink-land.
glta
MJ
According to the Transfer agent, there is not a lot of Authorized shares left. A R/S will give them more flexibilty and entice a whole new round of "Investors". It's poison for current investors but an opportunity, at least in the short term, for new investors.
MJ
I think today was the best time to release a PR with some meat in it. There wasn't a lot of sellers and a lot of people, like myself, just waiting on the sidelines for Aurc to show it's cards. Tommorrow this stock will drift lower on low volume without news.
I think if/or when it becomes sub-penny there will be a big up-tick in volume as short covering commences. Although, some naked-shorts will try to hang on until Aurc is @ zero.
After that, the company will R/S and then try to up-list to otcbb because they do have some assets.
This is all imo. They could turn this thing around if they can prove some real revenue and licenses but even if they have these things, I get the feeling they will wait for the R/S first because they appear to be at or near their limit for AS.
MJ
True. But pleasant. I'll just file him away for future reference.
MJ
Did someone forget to turn the machines on?
Don't everybody buy at once now.
"turn those machines back on!"
Slava, put on a pot of coffee, drink it, and start typing.
MJ
FYI: A new contact @ Kidde
Mike,
Good morning. At this time, there is no additional information I can provide you with other than Kidde Fire Fighting is not currently selling this product.
Thank you for your interest in Kidde Fire Fighting and our products. Have a great day.
Regards,
Timothy J. Zupko
Marketing & Communications Manager
Kidde Fire Fighting, Inc.
A UTC Fire & Security Company
Office Telephone - 610-594-4035
Fax - 610-524-9073
Mobile - 484-574-5971
www.kidde-fire.com
They can't give away the store. They have to keep "investors" wanting more. And it's working. I want more of whatever they're selling.
MJ
My people tell me ....."Soon"
MJ
No..you are right..It's time..It's time for some action. There will be no fading into the sunset. We need a PR that will cover everything from Cash flow to darned if I know. I want to laugh, I want to cry, (I mostly want to laugh)) I want to give this next PR two thumbs up. Go Slava! Yeah Capitalism!
After all, if you are going to trust a Canadian/Russian pyrite ash ore tailings minining company...why not this one?
MJ
Happy Thursday everybody. It's a great day for a BIG PR.
MJ
JJ, that sounds like a good business move for everyone involved. Let's hope they shock us all and get it done.
MJ
Sometimes it seems like he doesn't really want to answer our questions. Oh well, on a happier note, I am really looking forward to the upcoming news. It's like a box of chocolates.
mmmmmmmmm.......box of chocolates.
MJ
JJ, you are right. I just checked and I made a typo on the address. However, on another note, I don't know if this is important or not but the day that the website was down for a little while in the morning was the day that they updated the domain to protect the identity of the registrant for the site.
http://domain-history.domaintools.com/?q=usgn.com&page=results
I think that it used to list Julie Seaman as the registrant. They may have made the change just to shield her from angry shareholders, again, who knows?
You got that right, Preston. It's hard to keep investors attention when the company has less to say than Jimmy Hoffa.
MJ
FYI: I sent an e-mail to Rich S. and it bounced. I get the feeling that something is going on. A shake-up or a sale or something like that but who knows? I could find more answers in a fortune cookie than waiting for a reply from the company. I have sent e-mails to my kidde/utc contacts about the status of All-clear but I have yet to get a response.
MJ
Well alright. I'm excited and standing by for news.
MJ
Maybe he means what he says. There will be more news and then more news on top of that news which may or may not contradict the previous news. Sorry, I'm reading too much into that. Let's all just agree that THERE WILL BE NEWS.
MJ