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On this memorable 7th anniversary of September 11th , 2001 , let us praise the Lord for holding those buildings up so that 97,000 occupants could get out . HIS Grace was evident on that fateful day .
With rendered supplication to all ,
Renee
Good to know , Tiburon . I will foray my way to Walmart and Home Depot in Calgary this W/E just to buy a few Winning Brands products . I will take note of product placement on the shelves , and I will even ask a supervisor on volumes of sales .
Nuttin better than hands-on ' DO ' diligence .
Renee
Thank you so much , Stocksniperz . I have positive anticipations for GITH , just because CEO Racheff is
" breaking the Pink Sheet mold " with his fully transparent actions , ie , 8-K's !!!!!
8-K's .....the elixer for any Pink Sheet / OTC stock .
Renee
Taint : I could never recommend for anyone to buy LTDI shares , or any Pink Sheet stock .....or even any fully reporting OTCBB stock which are oftentimes as bad an investment as OTC stocks . My posts are directed to those who already own LTDI shares and are subjected to an abundance of
' LTDI is a scam ' posts .
Discretionary money is the only way to guide you .
Best o' luck whichever you decide .
Renee
I remember the many posters incessantly phoning Orlando and Carolina circa the buyout and Honda press release timeframes .
I remember writing a post on this boatd that so many phone calls were tantamount to harassment . How many of us would strenuously
resent such harassment and then no longer take calls or answer e-mails ? Ya , ya , ya , I know , a public company should pick up the phone even when they are forbidden by SEC rules and regs to give out preferential , material event information . Also under SEC rules and regs , NO company is mandated to answer ANY phone calls or e-mails . And , every news release has those disclaimers .
Orlando and Carolina did initially answer many dozens of phone calls and emails .....and shareholders abused that privilege ; some were even irate .
Latitude shared their excitement about a " Chinese conglomerate " interested in buying the company in a press release . Naturally , I predicate the following sentiment on Latitude being truthful about both events . *** If Orlando and Carolina were not truthful then they will join the long line-up of persons having to answer to the Big Guy on J.Day . No dream team lawyers will be allowed , if'n ya get my meaning .
So , after receiving many , MANY phone calls asking who , what , where , and most persistently WHEN , O&C had to have regretted
disseminating those two news releases . Common sense prevails that a CEO and COO of a legitimate company would not risk the ensuing fire and brimstone from investors by compromising the company's legitimacy with false press releases . Scam companies with NO product and NO business operations certainly put out false news releases all the time to sell as many shares as possible , but it defies logic for a legitimate company like Latitude Industries to do so .
The arguments that LTDI is a ' share selling scam ' are not supported with a grain of logic , because the PERFECT time to sell bazillions of LTDI shares were immediately AFTER those two press releases . The paltry volumes since the news draught belie
any accusations of LTDI selling shares of any impact to their O/S . LTDI could have easily fed the Pink Sheet dragon with as many news releases as they wanted in order to sell billions of shares since the SEC does NOT monitor the OTC System until overwhelming evidence of fraud is present . Press releases after their buyout news and about their awesome boats could have hoodwinked hundreds of investors to drive the PPS north , and to facilitate the selling of shares .....but they DIDN'T !!!!!!!!!!!
Nope , Latitude is mute ( in my OPINION ) until they can report a material event , and by all appearances the company isn't selling shares .
Heck , at least they can get some cotton pickin work done since the phone calls and e-mails have dried up , and ya know , Latitude just may be telling the truth about the purported buyout . Regardless , Latitude is a legitimate , fully operational company whether they sell out or remain as they are during this world-wide economic recession .
Look , if I and other glass-half-FULL posters are wrong then so be it . The markets are inherently corrupted to the pinnacles of power and millions of law abiding investors are suffering incomprehensible losses from that corruption .
If we're right , then LTDI shareholders will fare better than many millions of National Market investors .
So maybe the chest thumping sanctimony that Latitude is a scam should stop until LTDI discloses .
As I see it .
Renee
Thank you , Rocket . I will check out the Walmarts and Home Depots in Calgary .....and I will buy their products .
I don't usually venture to those stores ( Holt Renfrew for me , and the only ' tool ' I need is my handy-dude man , LOL ) , but I do want to try Winning Brands' products .
A commendation to Soapy Bubbles for a very impressive I-BOX .
Appreciatre your welcome , Rocket .
Renee
Took a long-hold position today . FWIW : WNBD's I-Box is the most informative I-Box I have ever read ....major kudos to the contributors .
Renee
One would think that the owners of 632,359,482 restricted LTDI shares would be as worried as those who AUTHORITATIVELY accuse LTDI of being a scam .
That's a heck of a lot of restricted shares to hold onto as reported in the July 2nd press release . The anemic volumes since July 2nd would suggest that the restricted holders haven't sold squat since July 2nd , and thereby suggests that the .0001 PPS is a direct result / consequence of retail capitulation .
However , if LTDI does not substantiate their business operations with convincing evidence in a press release the capitulation will continue , and with accelerated volumes of sell-outs .
As with ALL public companies , whether the company is the almighty Lehman Brothers that have failed their shareholders from $67.00 down to -$8.00 , or the powerhouses Freddie and Fannie who have failed their investors to 97 % losses , to Latitude Industries who have not yet reconciled themselves for LTDI shareholder losses , it ALWAYS resides with CEO's and their subordinates to conduct themselves ethically and competently .
It rests with Carolina and Orlando to do the right thing and prove that their business is viable or to openly declare otherwise , ie , to back up their declaration on July 16th as follows : " One thing I would like to express to all of our share holders is that with or without a buyout , I will not back out , no matter what anyone speculates or what the market dictates . I'm committed to this company , to this industry and to our shareholders ," said Orlando Hernandez COO Latitude Powerboats .
Renee
Too funny ....ya , me too . Better than chewing one's finger-nails or sumtin else that ain't good for ya , LOL .
Bottom line , Monarch has to care about THEIR stock as much as we do . When dat happens I surmise that their intent would be to sustain the stock as a safe investment in preference to a player's paradise of volatility .
That's what the one-mouse-on-the-treadmill-of-my-mind thinks .
What does your mouse think ?
Renee
LOL , Markss . The MSTF Chefs are best of breed . I anticipate a smorgasbord buffet when they're ready to announce their full-meal-deal to the investing world .
I am satisfied that they are corporately task oriented , and the stock will one day reflect their accomplishments . In contrast , too many other OTC companies are ONLY focussed on their stock and not on corporate accomplishments .
The former is better ....much better for MSTF investors when the stock does move up .
In the meantime we twiddle our fingers .
Renee
Regretably , I agree with you .
GM , Ford , maybe Chrysler will be in that list as the Feds tighten up lending requirements for luxury items ( like cars )
in order to save the housing industry . Credit Card lenders may also be next for tightened Federal lending regulations in order to protect the housing industry .
The FRE / FNM debacle will accelerate a chain of dominoes falling .
As I see it .
Renee
MSTF is subjected to the same fickle influences as all other Pink Sheet stocks .
Pink Sheet stocks need THREE meals a day , and even better with in-between meal snacks . The food consists of news or rumors of news , lots of message board interest , rising boardmarks , Buzz cloud status , upticks with lots of posts about smackin' the ask , " just spoke to the CEO " emails / phone calls , and other delicious nutrients to feed the dragon of Pink Sheet mentality .
It is because so many , heck , TOO many OTC / Pink Sheet stocks run out of food to feed the masses and are then masterfully walked down by a host of critters that really don't give a rat's puhtootie where the PPS goes because those critters have both ends covered . And of course , the grass fire ' POS ', ' SCAM ' posts that ensue when a pinky's PPS vists Davey Jones Locker .
Alas , MSTF has to want an uplisting to the fully reporting OTCBB before their stock will get any respect ....you know , those things called fundamentals , audited 10KSB's and quarterly 10QSB Financials and material event 8-K's written indelibly in SEC Filings . At least OTCBB investors / players / other critters show a smidge more respect for a BB stock without the incessant need for food ten times a day . Although , that last press release should have been enough to garner some respect for MSTF .....but didn't . Rats !!
When ( heh heh ...ok , IF ) MSTF uplists to the OTCBB with other tangible material events that investors can really believe in , the stock will get that respect . Oh my ....and even the Buzz Cloud to boot , with a bunch of ask smackers .
One day ......je pense que oui ( I think so , yes ) .
Renee
Agreed , a " milestone " for GITH arriving by mid-september .
If indeed FRE & FNM have bid / ask support tomorrow it will be ONLY for the insiders to sell out before the share price collapses three or four days later .
I do not say this frivolously !!!!
Renee
Ripping up the U.S. Constitution into confetti is sacrilege .
Are those close-ups real ? I hope you say NO .
I am stunned beyond comprehension .
Renee
JJkochen , I am confident in Mr. Pham , and therefore confident in the stock because of him . Still , my confidence in any stock is conditional on stock performance within reasonable timeframes . I'll afford MSTF a while longer .
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31872515
Renee
ooops ...I hadn't read this post before I blabbed my head off .
Renee
Reply : Par Value is a token value that has no basis whatsoever to the real value of the A/S or O/S shares of any Registrant Security .
In a post a week or so ago I showed how Microsoft's par value is even less than MSTF's par value , ie , MSTF's P.V. is .00001
( if I remember correctly ) and Microsoft's P.V. is .0000064 ( which I do remember correctly ) .
Token value only , IMO .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
Hypothesis : If FRE & FNM declare Chapter 11 re-organization the Companies will survive as the news articles imply , BUT , the common would eventually be wiped out once the BK Judge assents to the re-org PLAN , which would be minimally months away . The common stock would trade in the meantime at a deflated valuation . After the Re-org the current Preferred would likely become the new common shares or restricted Preferred , as well as newly authorized Preferred shares given to debt holders , and new authorized shares sold into the retail market as the new Outstanding Shares .
Guess who is next ?
IMO ....General Motors , and maybe Ford .
It is major ugly in the markets , and the common shareholders are completely expendable in ALL instances to the machinations of the PowerHouses .
In my studied opinion .
Renee
It is quite possible that FRE and FNM would be advised to file Chapter 11 re-organization BK , which would wipe out the common but most likely protect the Preferred Shares . A Chapter 11 would safely distance the Gov't from the retail common shareholder outrages that would ensue .
Added EDIT : The Preferred holders are very powerful Institutional backers of FRE and FNM so the Gov't would do everything within their power to protect them in a re-organization Chapter 11 ....IF that is the path chosen .
Repubs would not want any negative stigma attachment for the upcoming elections .
That's my reasonable guess to how this will unfold .
A world o' pain for the common holders , regardless .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
Sounds good to me , Di . Thanks . EOM .
An interesting stock . Thanks to Di and Tumbleweed for making my DD easier . I will consider a buy-in over the weekend .
Renee
Shareholders on this board have ridden in Latitude's speedboats . Shareholders have visited Latitude's manufacturing facility and have provided incontrovertible PROOF by providing dozens of pictures . The reputable Hot Boat magazine wrote a splendid article with pictures of Latitude's boats . I have written posts demonstrating that the company is likely NOT selling shares during the 2 month news vacuum .
On July 2nd , weeks AFTER the company's news releases about a buyout interest and the negotiations with Honda , Latitude publicly declared their Outstanding Share structure had NOT changed , so where is your proof that the company " has already sold hunreds of millions of shares ," ??????????? ( by the way , what exactly is a ' hunred ' ....huh ? )
Excerpt copied and pasted from the July 2nd PR. : " Latitude Powerboats' latest share structure has remained as follows: 1,979,767,839 shares outstanding with 1,347,408,357 shares free trading and 632,359,482 shares restricted .
During the subsequent news vacuum the volumes for LTDI have been mostly anemic , excepting for a few isolated days that I have written about , as being retail capitulation .
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31876564
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31841174
So , if the company declares that they did not sell shares during the news release timeframes , and they could not possibly have sold any noticeable volumes of shares during the news vacuum , WHERE is your PROOF for making such authoritative accusations ??????????????????
Your myopic and negatively slanted viewpoint on Latitude / LTDI has no basis whatsoever , in contrast to those who have visited the company and a professional boat magazine that has writtren about Latitude .
Seabiscuit
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
Well , I missed your ' good morning ' , Deborah , so we'll share a good afternoon instead .
Closer and closer to the first of several 8-K's in September .
8-K's for a Pink Sheet / OTC stock .....SEC and investor transparency . I wuv it .
Have a comfy weekend , Deborah and everyone .
Renee
Your post is blatantly WRONG and outrageously misleading because Latitude's actions belie " share selling scam " .
Share selling scams use direct and indirect manoeuvres to flood the market with shares to sell , and the volumes of those " share selling scams " are quite high each and every day . LTDI's volumes have been anemic , and there have been no news releases since July 2nd and no I.R. promotions that typically precede " share selling scams " .
I require you to substantiate your accusation that this is
" not my opinion , just a fact , proven by the Hernandezs " .
Show your proof or retract your FALSE accusations !!!!!
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
Bevestock , during the share conversions the supply of shares was greater than the demand , which invariably causes a PPS decline .
The low volume yesterday and today MAY mean the share conversions MAY be over . Once investors feel confident the share conversions are truly finished then the demand for MSTF shares will increase . When the demand is greater than the supply then the PPS will rise commensurately .
It is a market principle .
Happy friday ,
Renee
Ahem , if the MM's would stop clucking around with the spread then the MSTF henhouse would be happy .
R.
GITH's forthcoming 8-K on the ' agreement with Yorkville Advisors ' will be a demarcation point for Stratton Corporation
going forward .
Predicated on the 8-K being satisfactory , with the new corporate name of , and new ticker for Stratton Corporation , and SEC Filings transparency , CEO Racheff really is " breaking the Pink Sheet mold " .
There is power in 8-K transparency !!!!!!!!
It appears that the Pink Sheet masses haven't yet grasped that very profound evolution from GITH to the new ticker ( another forthcoming 8-K !! ) . Soon they will .
Renee
Good geography trivia this morning . I will be assessing the volume today , looking for clues that the spate of conversions are over ....or not , heh heh .
Renee
And good mornin' from the leeward side of the Rockies , north of the 49th parallel .
Renee
And I will never forget Celine's rendition of God Bless America just after 9/11 . The world was moved to tears .
Proud to be a Canadian member of I-HUB .
Renee
The low volume may be our clue that the conversions are over , otherwise the selling would continue unabated and with no regard for the share price .
Investors need assurances that buying MSTF will create profits , not more losses , so it appears that everyone MAY be waiting on the sidelines until they are sure the dilution has stopped . Investors could then buy with confidence .
Low volume is a good sign , as I see it .
Renee
:) , Deborah . September will be a month of 8-K's for GITH .
#1 : Yorkville Associates agreement with CEO Racheff
#2 : Corporate name and ticker change
#3 : Possibly an acquisition / merger 8-K on the Green Tech company .
CEO Racheff has my attention .
Renee
Do religious conversions count ?
Saint Renee ( hahahaha )
Closed at 8 . Blue skies in the coming days , IMO . EOM .
Thanks again , Deborah . All of my questions are of a material nature , to which CEO Racheff could not answer until he advises everyone via news releases and / or SEC Filings .
His reply to you today was magnificent .
I will hypothesize that the Y.A. 8-k will then be followed by an 8-K for the new corporate and new ticker changes in a few weeks ; then followed by an 8-K for their purported acquisition / merger / or reverse merger of the Green Tech company .
Nuttin better than formal SEC 8-K's , particularly on the Pink Sheets where news releases alone are not believed by the masses .
CEO Racheff ....man on a mission .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
' Hugh ' needs a kick in the ( . . ) , LOL . EOM .
Thanks , Deborah . With very low liquidity volumes in GITH we can optimistically think that CEO Racheff had a better bargaining position with the scoundrels Yorkville Associates , f.k.a. Cornell .
If GITH had high liquidity volumes then Y.A. may not have been as open minded in reaching an agreement , because Y.A. thrives on selling shares into high volume liquidity , which would have been consequentially dilutive to GITH shareholders .
It appears clear to me that Racheff is demonstrating a keen awareness of the market conditions for GITH and his measured press releases have not fueled false runs on the stock for Y.A.'s benefit . CEO Racheff is likely an excellent chess player , if everyone understands that positive implication .
I am delighted that CEO Racheff has reached an agreement with Y.A. and will release an 8-K with the details , " hopefully this week " .
To me , that is a coup-de-grace that few CEO's are ever able to achieve .
I become more impressed with CEO Racheff every day .
Excellent , simply EXCELLENT !!!!!
Renee
Dilution is indiscriminate . Dilution doesn't dilute on one day and then stops the next day .
Persons who advocate that LTDI is diluting are 100 % wrong , as I have presented in prior posts .
LTDI's PPS is under retail capitulation ....nothing more , nothing less . A two and a half month news draught is the cause of the PPS capitulation .
Material event news , or even non-material news are the primary drivers on the Pink Sheets . If dilution was the intent of Latitude it would be during NEWS EVENTS that dilution would occur simply because the ONLY reason to dilute is to obtain money .
250,000 share volume at the time of this post is NOT dilution .
Anyone with half a brain would comprehend that .
Renee
To bite the worm of incite is to bite the HOOK of the antagonist . They win .
Totally agree , Sammyboy . Mr. Pham achieved his reputation and prominent public stature by being credible in all things at all times .
He brings that credibility to Monarch Staffing .
It took 40+ years to achieve his impressive reputation . People like that do not compromise their reputations ....they enhance their reputations .
Mr. Pham transcends MSTF from a typical Pink Sheet risky stock to a credible and safe investment stock .
Mr. Pham was the primary reason for my buying MSTF .
Renee