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9/2/2009 >> Important Disclaimer Notice
Green Century Capital Management, the investment advisor to the Green Century Funds, learned Monday that a company named Global Investor Watch sent out a mailing promoting investment in a company which apparently imports goods from China. The mailing stated that 'Green Century Capital' had compensated Global Investment Watch for the advertisement. Green Century Capital Management is not promoting or recommending an investment in the import company; we have no knowledge of the company. Further, Green Century Capital Management has no connection to Global Investor Watch and has not paid Global Investor Watch for the mailing or any other goods or services. Global Investor Watch was not authorized to use the name of our firm.
http://www.greencentury.com/
some DD... lately but not to late
http://caps.fool.com/Blogs/ViewPost.aspx?bpid=251482&t=01007595628960767877
true or not, time will tell us.
how many times needs this company to close a deal??? september 2010 watch!
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): August 19, 2009
YASHENG ECO-TRADE CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 001-12000 13-3696015
(State of Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification Number)
9107 Wilshire Blvd., Suite 450, Beverly Hills, CA 90210
(Address of principal executive offices) (zip code)
(310) 461-3559
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
--------------------------------------------------------------------------------
Item 8.01 Other Events
On August 5, 2009, Yasheng Eco-Trade Corporation (the ”Company”) together with Yasheng Group, a California corporation (“Yasheng” and together with the Company, the “Yasheng Parties”) entered a Memorandum of Understanding (“MOU”)with Pfau, Pfau & Pfau LLC (“Pfau”) a Florida limited liability company for the purpose of creating a joint venture for the development and operation of three properties owned by Pfau. The Company received Pfau’s countersigned MOU on August 16, 2009. Pfau owns three properties including (i) approximately 28,000 acres in Southeastern San Benito County, California which includes approximately 12,000 acres designated and planned by Pfau for olive trees, an olive oil milling and bottling plant and potential oil wells (nine wells exiting on the property, where only one well is producing), (ii) approximately 45 acres in Kona, Hawaii which is planned to be developed by Pfau into a coffee plantation and (iii) approximately 502 acres in San Marcos, California planned to be developed by Pfau into about 750 residences and an off-site 1.5 million square feet of commercial/mixed use land.
The intentions of the parties to this proposed joint venture are (i) to re-finance the existing liens to provide that the new loans in the approximate amount of approximately $50 million (the “New Loan”), which debt can be serviced through the proceeds generated from the properties, and (ii) to obtain financing (a development line of credit in the additional amount of $85 million) (the “Line of Credit”) for further implementation of the Pfau properties’ agricultural, crude oil and residential development.
Pfau is has filed for Chapter 11 protection with the U.S. Bankruptcy Court for the Southern District of California (case # is 08-12840-PB11). On October 22, 2009, Pfau reached an agreement with its secured creditors for extension of the first mortgage amounting to approximately $22.8M until May 2010, which may be extended further until September 2010. The second and third secured creditors represent about $28M in debt have consented to the extension. Pfau is in active negotiations with the holders of the second and third position in order to re-structure this debt as well. There is no guaranty that Pfau will be successful in re-structuring this debt. The agreement providing for the extension of the first position holder was approved by the Court.
As such any funding obtained by Yasheng Parties, if at all, and the execution of definitive joint venture documents, will be subject to Court approval as well as the approval of the Board of Directors of the Company.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Yasheng Eco-Trade Corporation
Dated: October 28, 2009 By: /s/ Yossi Attia
Name: Yossi Attia
Title: Chief Executive Officer
i am not judge... judge is involved now and mr. sharp and his alias wants to fill his pockets...LOL...
from last yearly 10 k
ITEM 3. LEGAL PROCEEDINGS
From time to time, we are a party to litigation or other legal proceedings that we consider to be a part of the ordinary course of our business. We are not involved currently in legal proceedings other than detailed below that could reasonably be expected to have a material adverse effect on our business, prospects, financial condition or results of operations. We may become involved in material legal proceedings in the future .
2006 Shareholder Lawsuit
On April 26, 2006, a lawsuit was filed in the Delaware Court of Chancery (the “Court”) by a stockholder of the Company against the Company, each of the Company’s Directors and certain stockholder of the Company that beneficially owned 39.81% of the Company’s outstanding common stock at the date of the lawsuit. The parties entered into a stipulation of settlement on April 3, 2007. The settlement will provide for dismissal of the litigation with prejudice and is subject to Court approval. As part of the settlement, the Company has agreed to attorneys’ fees and expenses to plaintiff’s counsel in the amount of $151,000. Pursuant to the stipulation of settlement, the Company sent out notices to the members of the class on May 3, 2007. A fairness hearing took place on June 8, 2007, and, as stated above, the Order was entered on June 8, 2007.
2007 Litigation
The Company filed a complaint in the Superior Court for the County of Los Angeles, against a foreign attorney. The case was filed on February 14, 2007, and service of process has been done. In the complaint the Company is seeking judgment against this attorney in the amount of approximately 250,000 Euros (approximately $316,000 as of the date of actual transferring the funds), plus interest, costs and fees. Defendant has not yet appeared in the action. The Company believes that it has a meritorious claim for the return of monies deposited with defendant in a trust capacity, and, from the documents in the Company’s possession, there is no reason to doubt the validity of the claim. During April 2007 defendant returned $92,694 (70,000 Euros at the relevant time) which netted to $72,694 post legal expenses; the Company has granted him a 15-day extension to file his defense. Post the extension and in lieu of not filing a defense, the Company filed for a default judgment. On October 25, 2007 the Company obtained a California Judgment by court after default against the attorney for the sum of $249,340.65. However, management does not have any information on the collectability of said judgment that entered in court.
Verge Bankruptcy
Verge which was a wholly owned subsidiary of AGL, where AGL is a majority owned subsidiary of the Company filed for bankruptcy in Chapter 11 proceedings in February 2009. As of today, the Company does not believe it will have a material liability in relation to these proceeding, yet the Company advised that in lieu of its past holdings (see AGL transaction) and current in-direct involvement (via Ocean One, and/or Trafalgar – see below) it may be named as defendants.
A consultant that was terminated by an ex-affiliate of the Company, named the Company as a defendant in litigation that the Company has neither any interest nor liability. The Company position is that naming the Company in said litigation is malicious. The Company filed an answer to said complaint requesting dismissal. In lieu of Verge bankruptcy proceeding an automatic stay was announced by Verge on the main complaint.
On November 21, 2007 a Construction Company filed a demand for arbitration proceeding against Verge in connection with amounts due for general contracting services provided by them during the construction of the Company Sales Center. Verge lost said arbitration, yet failed to pay the judgment.
Registration Settlement
The Company entered into a registration rights agreement dated July 21, 2005, whereby it agreed to file a registration statement registering the 441,566 shares of Company common stock issued in connection with the Navigator acquisition within 75 days of the closing of the transaction. The Company also agreed to have such registration statement declared effective within 150 days from the filing thereof. In the event that Company failed to meet its obligations to register the shares, it may have been required to pay a penalty equal to 1% of the value of the shares per month. The Company obtained a written waiver from the seller stating that the seller would not raise any claims in connection with the filing of registration statement through May 30, 2006. The Company since received another waiver extending the registration deadline through May 30, 2007 without penalty. As of June 30, 2008 (effective March 31, 2008), the Company was in default of the Registration Rights Agreement and therefore made a provision for compensation for $150,000 to represent agreed final compensation (the “Penalty”).
22
--------------------------------------------------------------------------------
The holder of the Penalty subsequently assigned the Penalty to three unaffiliated parties (the “Penalty Holders”). On December 26, 2008, the Company closed agreements with the Penalty Holders pursuant to which the Penalty Holders agreed to cancel any rights to the Penalty in consideration of the issuance 6,666,667 shares of common stock to each of the Penalty Holders. The shares of common stock were issued in connection with this transaction in a private placement transaction made in reliance upon exemptions from registration pursuant to Section 4(2) under the Securities Act of 1933 and Rule 506 promulgated there under. Each of the Penalty Holders is an accredited investor as defined in Rule 501 of Regulation D promulgated under the Securities Act of 1933.
Trafalgar Capital Litigation
The Company via series of agreements (directly or via affiliates) with European based alternative investment fund - Trafalgar Capital Specialized Investment Fund, Luxembourg (“Trafalgar”) established financial relationship which should create source of funding to the Company and its subsidiaries (see detailed description of said series of agreements in this filling). The Company position is that the DCG transactions (among others) would not have been closed by the Company, unless Trafalgar will provide the needed financing needed for the drilling program.
On December 4, 2008 in lieu of the world economy crisis, the company addressed Trafalgar formally to summarize amendment to exiting business practice and modification of terms for existing As well as future financing. On January 16, 2009 based on Trafalgar default, the Company sent to Trafalgar notice of default together with off-set existing alleged notes due to Trafalgar to mitigate the Company losses.
Representative of the parties having negotiations, trying to resolve said adversaries between the parties, with the Company position that in any event the alleged notes to Trafalgar should be null and void by the Company. On April 14, 2009 the Company filled a complaint against Trafalgar and its affiliates, for breach of agreement and damages.
Vortex One
As described in this report, the Company via Vortex One commended its DCG’s drilling program, where Vortex One via its member Mr. Ibgui, was the first cash investor. Since said cash investment was done in July 2008, the Company defaulted on terms, period and presentations (based on third parties presentations). In lieu of series of defaults of third parties, Vortex One entered into a sale agreement with third parties regarding specific 4 wells assignments – see subsequent events. As Mr. Ibgui via Vortex One entered into future proceeds sale agreement with Verge, and since Verge is under Bankruptcy, the company was advised verbally that a complaint to establish the rights of Verge may be filled where the Company will be named as a party to said lawsuit.
Mustafoglu Litigation
On August 19, 2008, the Company entered into that certain Employment Agreement with Mike Mustafoglu, effective July 1, 2008, pursuant to which Mr. Mustafoglu agreed to serve as the Chairman of the Board of Directors of the Company for a period of five years. On December 24, 2008, Mike Mustafoglu resigned as Chairman of the Board of Directors of the Company to pursue other business interests. Further, that certain Mergers and Acquisitions Consulting Agreement between the Company and Tran Global Financial LLC, a California limited liability company (Mr. Mustafoglu is the Chairman of Tran Global) was terminated. Via its consultant the Company issued a notice to Mr. Mustafoglu that it hold him responsible for all the damages the Company suffering and will suffer in lieu of his presentations, negligence and co-conspire with others to damage the Company.
On July 1, 2008, DCG entered into a Drilling Contract (Model Turnkey Contract) (“Drilling Contract”) with Ozona Natural Gas Company LLC (“Ozona”). Pursuant to the Drilling Contract, Ozona has been engaged to drill four wells in Crockett County, Texas. The drilling of the first well commenced immediately at the cost of $525,000 and the drilling of the subsequent three wells scheduled for as later phase, by Ozona and Mr. Mustafoglu, as well as the wells locations. Based on Mr. Mustafoglu negligence and executed un-authorized agreements with third parties, the Company become adversary to Ozona and others with regards to surface rights, wells locations and further charges of Ozona which are not acceptable to the Company.
no response until yet and i think they will never do. there must be a reason and this put a dark shadow about this company.
here we go...
Posted by: javadreams Date: Wednesday, September 16, 2009 3:46:32 PM
In reply to: ferryman who wrote msg# 1434 Post # of 1619 [Send a link via email]
my screen radar for xoma shows next support in low .7 after that suck to mid .5. chart outlook: negative + LOL
looks like they shut the doors.
10/30/2009 (13:10 ET) GRAN: New 52-Wk Low @ $0.570 dn 10.94% - Knobias
10/07/2009 (10:15 ET) GRAN: New 52-Wk Low @ $0.820 dn 6.92% - Knobias
10/05/2009 (09:50 ET) GRAN: New 52-Wk Low @ $0.910 dn 2.15% - Knobias
10/02/2009 (09:45 ET) GRAN: New 52-Wk Low @ $0.950 dn 3.06% - Knobias
10/01/2009 (11:00 ET) GRAN: New 52-Wk Low @ $1.010 dn 1.94% - Knobias
09/30/2009 (11:05 ET) GRAN: New 52-Wk Low @ $1.030 dn 2.83% - Knobias
09/28/2009 (12:55 ET) GRAN: New 52-Wk Low @ $1.069 dn 1% - Knobias
09/11/2009 (12:40 ET) GRAN: Volume Spike; 43% > 20-adsv, Stock +15.04% - Knobias
09/09/2009 (14:25 ET) GRAN: Volume Spike; 71% > 20-adsv, Stock -8.73% - Knobias
09/08/2009 (10:42 ET) GRAN: Volume Spike; 416% > 20-adsv, Stock -10.74% - Knobias
09/07/2009 (13:05 ET) Bank of Granite signs cease and desist order with regulators - Datamonitor
09/05/2009 (20:16 ET) Bank agrees to tighter regulations: FDIC places Bank of Granite under cease and desist order. - Knight Ridder/Tribune Business News
09/05/2009 (20:06 ET) Bank signs order with FDIC, state: Bank of Granite oversight intended to improve earnings, capital levels - Knight Ridder/Tribune Business News
09/05/2009 (19:04 ET) Bank of Granite faces serious federal sanctions - Knight Ridder/Tribune Business News
09/05/2009 (17:36 ET) BRIEF: Government issues cease-and-desist order to Bank of Granite - Knight Ridder/Tribune Business News
09/05/2009 (04:07 ET) Bank of Granite under ?cease and desist? order - Knight Ridder/Tribune Business News
09/04/2009 (14:07 ET) GRAN: Filed New Form 8-K, Material Event Disclosure - Edgar
09/04/2009 (14:00 ET) Bank of Granite Signs Order With FDIC and NC Commissioner of Banks - Market Wire
08/29/2009 (11:30 ET) Bank of Granite (GRAN) Bearish Technical Alert - Trend Down 9.8% - Comtex
8 k from today
Item 3.02 Unregistered Sales of Equity Securities
On October 22, 2009, the Company issued Corporate Evolutions, Inc. 500,000 shares of common stock. Corporate Evolutions, Inc. provides investor relation services to the Company and is an accredited investor as defined in Rule 501 of Regulation D promulgated under the Securities Act of 1933. The shares were issued in reliance upon exemptions from registration pursuant to Section 4(2) under the Securities Act of 1933 and/or Rule 506 promulgated thereunder.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
YASHENG ECO-TRADE CORPORATION
By: /s/ Yossi Attia
Name: Yossi Attia
Title: Chief Operating Officer
Date: October 23, 2009
Beverly Hills, California
Have you heard back from IR yet? ... no but i have pending questions about some posts on this board.
nice try but i will never do this. therefore you must look for other indicators or analysts.
8 k from today
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported): August 26, 2009
YASHENG ECO-TRADE CORPORATION.
(Exact name of registrant as specified in charter)
Delaware 001-12000 13-3696015
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
9107 Wilshire Blvd., Suite 450, Beverly Hills, CA 90210
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (310) 461-3559
With a copy to:
Stephen M. Fleming, Esq.
Law Offices of Stephen M. Fleming PLLC
110 Wall Street, 11th Floor
New York, New York 10005
T: 516.833.5034
F: 516.977.1209
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
--------------------------------------------------------------------------------
Item 1.01 Entry into a Material Definitive Agreement
Item 3.02 Unregistered Sales of Equity Securities
On August 26, 2009, Yasheng Eco-Trade Corporation (the "Company") entered into a Stock Exchange Agreement (the "Exchange Agreement") with Yasheng Group (BVI), a British Virgin Island corporation ("Yasheng-BVI"), pursuant to which Yasheng-BVI agreed to sell the Company 75,000,000 shares (the "Group Shares") of common stock of Yasheng Group, a California corporation ("Group") in consideration of 396,668,000 shares (the "Company Shares") of common stock of the Company (the "Exchange"). The parties agreed to close the Exchange as soon as possible, but a closing date has not been set. With the goal of clarifying , certain closing conditions as discussed below, Dr. Gregory Rubin, Chairman of the Company, intends to meet Dr. Zhou Changsheng, the Chairman of Yasheng-BVI and Group, in Moscow, Russia, on October 26, 2009. Further details with respect to the Exchange are set forth in the Form 8-K Current Report as filed with the Securities and Exchange Commission on September 1, 2009
In the event that any of the conditions to the Exchange Agreement are not satisfied or waived, the Exchange Agreement may not be consummated. Neither the Company nor Yasheng-BVI can provide any assurances that the Exchange Agreement will ultimately be consummated. As part of the closing procedure, the Company requested that Yasheng-BVI provide a current legal opinion from a reputable Chinese law firm attesting to the fact that no further regulatory approval from the Chinese government is required to close the Exchange. In response to this request, Yasheng-BVI delivered an opinion from a law firm that the Company deemed as unacceptable as the opinion was not current. Further, in light of the size and materiality of the deal and the closing conditions, the Board of Directors of the Company has elected to hold a meeting of its shareholders in order to ratify the above transaction and any other related transaction and to approve the restructuring of the Company that may be needed, such as increasing the Company's authorized shares. The filing of such proxy has been delayed as the Company is presently undergoing a periodic review of its filings with the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits.
Item 9.01 Exhibits
Exhibit No. Description of Exhibit
10.1 Stock Exchange Agreement between Yasheng Eco-Trade Corporation and Yasheng Group (BVI) dated August 26, 2009 (1)
(1) Incorporated by reference to the Form 8-K Current Report as filed with the Securities and Exchange on September 1, 2009.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
YASHENG ECO-TRADE CORPORATION
By: /s/ Yossi Attia
Name: Yossi Attia
Title: Chief Operating Officer
Date: October 23, 2009
Beverly Hills, California
i missed your original post from tuesday... i don`t delete this. hey man what`s going on here...
where did your hope come from... something wrong with your phone...hehehe
interesting stuff here!
i am astonished about your promptly answers...
jon jon jon, your mission is still mistery to me.
1. you`re posting only on two boards.
2. george sharp...
a) dec. 2003
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Dec. 19, 2003
Victory Capital Holdings Corp. (OTCBB:VTYC) announced today that Mr. George Sharp has accepted the Company's offer to become its next CEO.
b) Date: Thursday, February 24 2005
LOS ANGELES -- The Law Offices of David J. Harter, a Professional Corporation, Counsel for former Victory Capital Holdings Corp. (OTCBB:VTYC) CEO George Sharp, announced today that a request for Injunction has been filed against Victory Capital Holdings Corp.
In moving for the injunction, Counsel asks the court to prevent the recently announced mergers and acquisitions with Magnesium Automotive Group and Union Media News Corporation from moving forward until the civil action is heard. The motion sets forth evidence that, according to Harter, demonstrates the substantial likelihood of the plaintiff prevailing at the time of trial. Mr. Sharp commented, "The evidence demonstrates that I am owed shares and options in Victory Capital that would represent approximately 12.7% of the shareholder vote and that I should be entitled to vote those shares with respect to any merger."
c) may 2006
Court Fails to See Evidence of Victory Contracts
Market Wire, May, 2006
The California Appellate Court, in a May 17, 2006 ruling (Docket Number D046790), has determined that Victory Energy Corporation (OTCBB: VTYE), formally known as Victory Capital Holdings Corporation, did not provide any evidence of contractual relationships or customers. This determination came in spite of several press releases by the Company, announcing various acquisitions and other relationships; and Victory's claim that former CEO George Sharp "had actual knowledge that Victory had valid, contractual relationships with its customers." That claim was made within a SLAPP suit prepared by Victory's Counsel, William K. Vogeler of Grundeck & Vogeler, and filed against Mr. Sharp on February 18, 2005. The SLAPP was in answer to Mr. Sharp's initial civil action (California Superior Court GIC840172) brought against Victory, Michael Osborn and Harold Gregg for Fraud, Negligent Misrepresentation, and Breach of Contract. The Court struck the counter-suit under the anti-SLAPP statute, and awarded Mr. Sharp costs and attorney fees.
d) april 2009
Posted by: adiosJon Date: Thursday, April 30, 2009 1:05:10 AM
In reply to: None Post # of 1240
Well it's time for me to eat crow. Some years back I had been posting on Raging Bull (everybody disappeared from there it seems) in support of Jon Fullenkamp and against all of you who were against him. I was conned by the man and I applaud all of you who were trying to warn us. Mr. Miranda and Mr. May are indeed heroes and they deserve our support as they do what they can to get retribution from Jon. And let's not forget George Sharp. Nobody said more crap about him than I did and sir, if you are reading this, I apologize. When I called you on the phone you told me your press releases were intended as a warning to investors and I didn't believe you. And for this I am sorry. All of us who were too stupid to see Jon for what he was/is owe you a debt of gratitude. By the way, can you put the video deposition back on the internet?
Now let's put that SOB Fullenkamp in jail!!!
Victory Energy (VYEY) Stock Trading Info:
3. first post on YASH
Posted by: adiosJon Date: Monday, May 11, 2009 11:36:28 AM
In reply to: None Post # of 1318 [Send a link via email]
Watch out for this one. Apparently these guys are about to get sued for investor fraud by the same guy who successfully sued VYEY, another Jim Dial bedroom buddy. The last time this happened the stock went straight down to 4 cents from a buck, there were websites and blogs with all sorts of deadly information and the company ended up shelling out over $400,000 in settlements plus an ungodly amount of attorney fees. Word is that he is putting out a press release very soon.
4. time break oct. 2009
Posted by: adiosJon Date: Monday, October 19, 2009 4:38:24 PM
In reply to: None Post # of 1318 [Send a link via email]
Rumor has it...
that a lawsuit has been filed against YASH.
after all i read now from your postings my summary is still MISTERY.
so far so good but if i google i found nothing about this george sharp!?
chart shows action...doji peaks.
interesting to watch. no real support here could dip to .3 / .4!
sitting time here...
nice to see that we`ve doubled from support. hopefully we run a little bit in breakout modus!
so jon, from all what i read you have the red card in your hands. sorry gimme more input and we can continue that conversation
another question jon...
are you proud to read this ongoing postings after your first post on this VYEY board. hey let me answer for you ...not really hmmm!!
OK jon you posted this on another board one day after 8k was filed. what`s the story about YASH right now? they have a history (dude!) but WTF is george sharp and what has changed to VYEY?
Posted by: adiosJon Date: Thursday, April 30, 2009 1:05:10 AM
In reply to: None Post # of 1240
Well it's time for me to eat crow. Some years back I had been posting on Raging Bull (everybody disappeared from there it seems) in support of Jon Fullenkamp and against all of you who were against him. I was conned by the man and I applaud all of you who were trying to warn us. Mr. Miranda and Mr. May are indeed heroes and they deserve our support as they do what they can to get retribution from Jon. And let's not forget George Sharp. Nobody said more crap about him than I did and sir, if you are reading this, I apologize. When I called you on the phone you told me your press releases were intended as a warning to investors and I didn't believe you. And for this I am sorry. All of us who were too stupid to see Jon for what he was/is owe you a debt of gratitude. By the way, can you put the video deposition back on the internet?
Now let's put that SOB Fullenkamp in jail!!!
Victory Energy (VYEY) Stock Trading Info:
we are now number three on BOTTOM-BUSTERS!
nice dip here.. hopefully it was the bottom!
it`s all about to break that MA (20) @ .16. needs some volume for sure!
thanks for this input steve. they have changed a lot on their website. also notice volume in trading comes in!!
oopps... don`t worry, PPS reflects the future and not the past.
sounds not good!
The Company realized a loss of $6.6 million for the six month period ending August 31, 2009 compared to a net loss of $3.1 million for the comparable period in the prior year. The loss was due to the collapse in the diamond market and precipitous decline in diamond prices that commenced in the fourth quarter of fiscal 2009 due to the ongoing global credit crisis and economic recession, resulting in weakness of diamond prices through the first two quarters of fiscal 2010. There has been an overall improvement in prices of about 15 to 20% from the initial sharp fall of about 50% in the last quarter of fiscal 2009.
YASH chart watch
YASH could be run to .25 watch!
NITE moved up the ask @ .25 and then back to .16...hmmm
next target dollar 8 + short term...good luck
Overall Summary: 10%, Bullish
90%, Bearish
Support/Resistance
Type Value Conf.
resist. 3.50 2
resist. 3.25 4
resist. 3.11 5
resist. 3.01 3
resist. 2.60 3
resist. 2.49 6
resist. 2.34 4
resist. 2.05 10
resist. 1.13 5
resist. 0.95 4
resist. 0.78 2
supp 0.43 2
hi ronnie, nice to see you back here!
hanging man doesn`t look good. my targets are posted @ .65 and .4. good luck for fishing.. LOL
shorters make a very good job.. LOL
that E could be fishing time. white candle holds today but i am not sure if it does the next month and we have resistance @ .024. 33 % profit from support was not bad today.
if not... i will watch @ .4... LOL