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Been checking their site and PRNEWSWIRE every day since the last release!! GLTA!! SLIO!!
Please give a case # or some references so we can research what is going on. I understand about the rest, not unexpected. Thanks!
Ray please look at 13184
You posted while I was typing mine so I missed it until just now, have to say on this one day I'm jealous. Hope to see you guys there!
Thanks for the info. Ray. Maybe we can meet oops or what ever his name is,LMAO! I'll do my best. I'd say its a probable date for me as far as business goes!
Do you have any idea what kind of value they are trying to put on this thing? Can you give us a general description of how to do that?
Also how do we refer to this case for research purposes?
Thanks for keeping us in the loop!!!!!!!
I did get your point, Thanks, I was just submitting additional thoughts that I keep in mind. Yes, I also still have my dollar value, meager as it is, that's why I wouldn't dump that day. I could see what was happening and all I could think was who the heck is buying at this point, wait a minute, maybe its the people that if they loose will have to make good on those shares? Yea, if I were them I would scoop up as many as I could just in case. Or maybe not, it just wasn't making any sense to buy in after a verbal confirmation.
http://www.nysb.uscourts.gov/cgi-bin/opinions.pl?judge=shl&order=rev
http://www.sec.gov/cgi-bin/browse-edgar?company=terrestar&match=contains&action=getcompany
These are two sites that I keep an eye on. Judge Lane has never submitted his WRITTEN Opinion. I don't think he will until all the appeals are settled. If he did and he got overturned that would be embarrassing, right? I don't claim to have any expertise but I don't think its in stone until he gives his W.O.?
The SEC site documents Terrestar submitting a request for issuing new shares after they received Confirmation and then retracting that request. I ASSUME they did that because it was premature to request new shares before the old ones were in the grave. They have yet to resubmit that request. Why? I can only guess because the Fat Lady hasn't sung! The shares haven't been wiped yet, the Co. was de-listed from OTC.
Not matter how much of a long shot it is, I LOVE that these guys are "Fighting the Good Fight", to borrow a quote! We who saw the trading activity that last day and decided to roll the dice have no reason to shut up and go away, so they can get their colleagues to monitor this board and make all the insults they want. I don't see that it will accomplish anything!
Sorry if I was unclear. I have stated more than once this is a long shot, so I hold no illusions. If the people who I believe cheated the stock holders have to keep paying, a lot of money, to fight this amateur than I hope they go broke doing it. I respect all the stock holders and their opinions, even if they differ from mine. However, if you click on someone's name and the only place they ever post is on boards that are in some sort of legal wrangling that might give you some idea of their agenda, they are probably not in the same boat with the rest of US! Go Aldo Go! Go Ray Go! Go Schwartz Go!
Hate I had to miss that last 45mins., looks like I'm not the only one wanting more. Encouraging? What about it DD, Os you still involved?
Looks like the Blood Suckers didn't want Mr. Perez around while they were at the TROUGH. Maybe they want the last bit of marrow before he kicks their ***! Even if the whole nasty bunch wins, I'm glad there are some with the means to make them WORK FOR IT/PAY FOR IT.
After today there are 3 more days to buy before the 31st. I won't be surprised to see them release the report after the close today. Just guessing, but if true that might make it a lot higher Tues. morning.
Sounds GOOD! See you at the Millionaire's Club!
Looks like someone is working to keep it low while they buy. No matter, the report will bring it to where it needs to be, one way or the other.
Thanks, just updated 2385 before you responded. Read over the Dec. report again.
Vin, I'm trying to find out if my thoughts got ahead of reality. I thought that in the first test reported last Dec. they drilled for those samples and after that they did a more in-depth trenching type sample, the report for that is what is coming now.
If anyone has info. to the contrary please show where it comes from so that we may read it, I would sincerely appreciate it. I would truly like to know if I've gotten too far down the road. TIA!
Update - I guess trenching is phase III.
After the results from the phase II geophysical program, a third phase will be planned and will consist of a geophysical survey that will be used to find new apatite zones for analysis. Drilling or mechanical stripping on anomalies will allow us to find apatite zones for sampling. Further press releases will explain in detail the objective and time frame of the phase III and phase IV exploration programs once we have selected the proper geophysical methods to use for those phases.
Recoiling for the big bounce? Dreaming that it is so! SLIO!
Because I don't know,
based on geological analysis the sites are xx.x% likely to contain the deposits 'that allow for' the creation of rare earth minerals.
I thought the first report answered this part of the discovery and this report would be more precise? Which is goes to the point of why they would finalize the land deal. Seems like they would want to know that much before securing the land. Any help understanding this is appreciated.
Check my next post.
Good Post Pantz! I think they are being very deliberate in their moves. I would call these inklings "Building Blocks". I love a good foundation. While a sky rocketing stock is great they seldom appear. Again I think these guys are very deliberate and IF that is true, it doesn't get much better than that. Buying on the dips! SLIO! GLTA!
06-05-13 2:00pm adversary proceeding - Perez vs. Terrestar
Gnois, I'm going to try to keep and ear open for you. If you return my post I'll try to respond. Sorry I don't have PM but I'll probably get it soon. TIA!
What about that Yahoo link? I don't remember that, although I haven't spent a lot of time on their site. Also, that May 11th, that sure didn't appear as a news release on Scottrade. I realize its not really a breaking news release but it seems they want people visiting the site to see it. With the number update I think they are expecting new traffic. The good thing is I'm not seeing anything discouraging. Fingers Crossed.
Does anyone think their website has been upgraded? I didn't remember the scrolling pictures and the link to Yahoo Busi. Also the May 11 date under NEWS, click on that and it gives you their financials. I think they are getting ready for new traffic.
New, I think you thoughts on .015 are starting to be realized. That is if the report doesn't come out this week. Once again when it does come out there is really no telling where we end up. GLTA!
Steve, what do you think about the timing you would expect to see touting this. I'm guessing it wouldn't come too far ahead of the report? If they come out too far ahead people might not hold long enough. Not people like us who have been in this for awhile but those who following touts and expect a quick result. TIA!
I would say that's a good bet, but just maybe we will see the NI43 I'm thinking it won't come last minute?(May31 being last minute)
New, I am by far no mining expert but, I don't know if there is a limit to where it can go. I believe it will be dictated by what's in the report. It might be a meager .05 or it could be a monster if investors think the findings signal huge money.
Just keep your fingers crossed. JMHO!
Angelman, I apologize publicly to you Sir, I don't remember exactly what was in that post. As I have stated recently I'm not perfect and I must have lost my composer that day. I probably lost it that day because I felt like I was being scolded by an old teacher when you said "Come on people".(Tone does matter) My response must have been inappropriate if it was deleted, so again I'm sorry!
Concerning my experience, your write I've only been in penny's for about 2yrs. before that I've been old school with a regular broker. I guess because of that I have always wanted others to share the positives and the negatives with everyone. More than once I have wished that I had know some negative thing before I made my order. So I don't think that have a discussion about such things is bad and I know we hope that new people take a look everyday. I think here we haven't done a good job of looking at the total company, JUST MY OPINION. I do believe that when and If they announce a big fat contract this stock will fly and none of this will matter.
I hope we can move forward with open and honest debate! (Not a jab)
Steve, Just to be clear, I pulled most of my money from this stock because I didn't believe in their short term prospects. I was able to be use my money somewhere else. If and when I do buy back in I hope its as low as possible. I'm evil that way. Just making a joke. Thanks for the civil exchange!
More than likely I would buy back in at some point anyway because I do believe they have good prospects. If it keeps falling that will just allow a better opportunity. Also, they could announce something great tomorrow concerning something other than Asia. In that case I would chase it, maybe not making 10X but I've chased before and made 2X with no problem. I don't think its shameful to chase after the fact. I can remember chasing with my retirement acct., one morning I heard that Daimler was going to buy Chrysler and as soon as the market opened I bought in at $48 and at 11:00 I cash out at $57.
I was happy to have my .01's in the beginning and was upset after the P&D but, now I see it was a opportunity for some .006's. Those guys with the P&D are such sweethearts!
I do agree about the significance of the debt reduction. I don't think that the deal regarding the royalties means that they will necessary appear, especially at some record rate. Yes, the path has been laid but, a lot has to happen before the check is cashed. You have to have a facility to produce in, a product line has to be created and installed, the raw materials have to be secured and then you have to have orders to fill. The way inventory controls work these days nobody puts much money into the materials for production without the orders first. If they announced this deal in March that made me think that they probably didn't have royalties already made in the 1st. Qtr. so I couldn't understand why everyone was expecting all this money to magically appear from the Photon deal. Therefore, I don't see how Asia figures into the PPS, YET. What does in part figure into the PPS is the fact that they once again are late with the required reporting. I would think that if they had all this royalty money that wouldn't have happened.
Yes, I agree that they may have found a good solution in Asia. I was only pointing out that there have been reasons to look at this through a realistic prism. When they had a good test for KT and got such a enthusiastic response it was a really bad thing to THEN find out you couldn't produce the product right then and there at a price that was appealing to the guys who want to buy it. We don't at this point know if they were willing to wait on a solution or if someone from China who read the press report said, "Hey guys, we can do it" and truck it to you.(guessing that N. Korea allows access to China through their country. Hell they would starve if it weren't for China.)
Like I have said before, I think they will succeed at some point but we only talked about the good things last Jan. and now we have fallen 2/3 om PPS. I don't believe talking about the negatives will cause a stock to go down when there is a real reason for it to go up.
Also, Thank You for your civility too. There are others I'm sure that don't agree with everything I say or the choices I make regarding the trading of this stock but we agree to disagree ( I'm thinking DC Steve is one of those, just guessing Steve )If this stock takes off Monday morning it won't take one dime out of my pocket so I'll be happy for those who stuck it out and hope to do better on the next one. I don't invest any money that I cannot afford to loose, although I hate to. Maybe that's why I'm able to maintain my composer? (for the most part)
Bid wacking as I see the term used usually means paying as much or more for the execution compared to the dollar value or amount of the stock being sold. Wacking in either direction is nothing more than trying to give a false impression of what a stock is doing at that particular instant.
As far as this company is concerned I haven't seen any dishonesty but mistakes have been made and we should not be blind to that. That is not to say I don't think they can't overcome them but we should be aware that nothing is a sure bet.
Mistakes I THINK have been made are:( I don't mind if I'm proved wrong, just don't make it personal )
When they invested money south of the boarder but weren't paid did they anticipate that and did they have a plan as to how to address that. In this country we know their is a mechanism to address that.
When they tested in S. Korea and got such a positive response then they figured out they couldn't follow through. That couldn't have looked too impressive to the customer, KT.
Those are just a couple of things that we know of. If this stock/company was infallible institutional money would have flooded in at it would be sitting pretty.
Also it might be a mistake to put too much emphases into the fact that they have their patients when it comes to the Asian market. We hear everyday patients are violated with impunity when China is involved, let us not forget that S. Korea is but wart on China's butt geographically speaking. You can bet if someone in China hasn't already cloned this product they soon will.
First thanks for pointing out that their is more than one way to work a stock and one doesn't make the others bad. I personally don't bid -wack because It seems to be a waste of time and energy, and I don't think I would feel good doing it. Rather than wrestle a stock I would rather try to figure out how its reacting and make it work for me. That's why the only person I've really been down on is me for going against what has made money for me in the past.
FYI, what I said about water usage was only to point out that I believe that there is parts of the world that might find it hard to justify the water. Desalinization may be something to look at but that process uses a lot of energy so I would be surprised if that would work. I know that the Navy uses it but we had a nuclear reactor to power it.
Once again I'm sorry that I'm being misunderstood. I don't believe I have pointed the finger at you. I only stuck up for myself when I was accused of Bid-Wacking, which I have not done. I was only saying that questioning my integrity should be out of bounds on this board. I was also unaware of the theory that taking the high ground was a bad idea, which is what I have tried to do when people launch personal attacks, I'm not perfect at it but I'll keep trying. GLTU!
I haven't totally unloaded because, as I've said before, that I might be wrong with my timing. I also said that my intentions were to buy back in around mid-july or mid-oct. I personally don't think that the 1st. qtr. will be a big turnaround. That deal announced in March, I believe, is the beginning of better things to come. We probably just disagree of when that will translate into a higher PPS. I believe that this will end up in the 20's, if not the teens, soon. JMHO!
I'm sure we all new it was coming but I believe it was proper to post it. I'm also sorry if I was unclear about "The last post", I only meant that I was not going to get into a back and forth about Integrity. I wanted us all to stay on message about our opinions concerning this stock and not be launching personal attacks because we disagree. I hope this let you know that I'm not the enemy.
Their change in tier at the OTC does give me more concern. In the spirit of fairness to my fellow board members I offered up the info. that came out this morning and then offered up more of my shares. Contrary to what some might think that batch of 50K I gave up this morning was the smallest amount that I have sold this year! I hope everyone makes out sooner or later.
Thank You for your civil response. Nothing Underhanded going on with me. I work Any stock with what I THINK I SEE, nothing more, nothing less. I believe I made the mistake earlier this year of falling in love with this stock and it cost me profit.(More profit)