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you guys are too much ..happy 4th eom
fwiw..
my Fidelity rep indicated it would
be automatic ..ie they handle it.
may depend on brokers & type of account you have.
yeah not too concerned.. riding mostly on free shares & well aware of dilutive tactics within the structure of ALL otc companies. All of which tend to be in the printing business lol.
May end up with just another bagful of worthless pos meaningless stock , but who knows, might be able to unload them before they fizzle..
Suprizes always await us.
js
Interesting point.. didn't know this..
"HOWEVER: Brokers will usually cry and whine to the companies they are caught short on, and make an offer to buy the shares privately (not on the open market). Then Paivis gets all the money, not us."
If Paivis gets gets all the money & not us, just maybe Paivis will put less demand on us stockholders to provide future capital.
If this happens, A-trade will be buying restricted shares or tradeable Paiv shares?
also.. what if Paivis decreased the A/S count?
Kg4 may be onto something.. water the share structure.
js
fwiw.. Called Fidelity on Friday..
Rep. informed me that exchange of shares would be in approx. 10 business days. basically mid July.
js
some interesting stuff in this article ..
Piracy hurting China's own industries
By JOE McDONALD, AP Business Writer Sat Jul 1, 9:19 PM ET
BEIJING - Kingsoft Corp.'s English-Chinese dictionary program is used on most of China's 60 million PCs. That's the good news. The bad news: Kingsoft doesn't make any money from it, because 90 percent of those copies are pirated.
One by one, the Beijing-based software maker has seen its sales of such popular products destroyed after black market producers flooded the market with cheap copies.
Today, Kingsoft's 600 programmers focus on making what it hopes can't be copied — online games and business and anti-virus programs that have to be linked to its own computers in order to function.
"Piracy has had a big impact on us, making it so we can't get powerful and compete with Microsoft," said Ren Jian, a former Microsoft manager who is Kingsoft's chief operating officer.
Kingsoft is far from alone. Rampant Chinese piracy of music, movies and software that raises howls of protest from the United States, Europe and elsewhere is hitting China's fledgling creative industries hardest of all. Robbed of sales in their key home market, companies are short of money to develop new products to compete with foreign rivals.
Losses to piracy are especially damaging at a time when communist leaders want China to transform itself from the world's low-cost factory into an "innovation society" that makes its own profitable technology and brand names.
China has long been the world's leading source of illegally copied music, movies, designer clothes and other goods. U.S. officials say its exports cost legitimate producers worldwide up to $50 billion a year in lost potential sales.
At home, sidewalk vendors sell unlicensed DVDs of Chinese movies for as little as 50 cents. Software makers say more than 80 percent of programs used on China's PCs are pirated.
Few brands are immune. A government list released this month of recent major piracy cases included a gang that sold $300,000 worth of fake Wuliangye, a popular Chinese liquor. Another trafficked in counterfeit upmarket Chunghua cigarettes.
Sporting goods maker Li Ning Co., which has ambitions to expand abroad, says it sees copies of its shoes and athletic clothes in markets alongside Nike and Adidas counterfeits.
Kingsoft, the software maker, aspired to be the "Microsoft of China," but was forced by piracy to stop selling games, a media player and other mass-market programs. Ren, the COO, says the consumer logic is simple: A pirated copy of Kingsoft's Chinese-English dictionary costs one-tenth the $12 price of the real thing.
The onslaught has forced Kingsoft to narrow its product range, with two-thirds of its programmers now working on online role-playing games that players access on Kingsoft's computers for a monthly fee — part of a thriving Chinese market for online games.
President Hu Jintao called attention to piracy's cost to China in a May 27 speech to Communist Party officials. Enforcement "is an urgent need for ... enhancing the country's core competitiveness," Hu said.
"We should strengthen our law enforcement and lawfully and severely crack down on and effectively curb law-breaking and criminal acts of violating intellectual property rights," he said.
The government has tried to undercut the black market for software by ordering computer makers this year to sell PCs only with legitimate operating systems already installed. Officials have been told to remove pirated software from government computers. Commerce Minister Bo Xilai said in March that process was under way, but he set no deadline for compliance.
And Chinese companies are fighting back in court. The government says they are responsible for 90 percent of lawsuits filed against Chinese copyright and trademark violators.
Yet trade groups and foreign governments say that despite repeated crackdowns, China's output of pirated goods is rising steadily, along with its rapid economic growth.
A report in May by the American Chamber of Commerce in China said that 43 percent of 76 U.S. companies surveyed said they have seen an increase in the amount of counterfeiting of their products, while 55 percent said the amount has stayed the same. Only 7 percent saw a decrease.
Losses to piracy have made film studios and music companies reluctant to finance new releases at a time when they might be cashing in on rising foreign interest in Chinese pop culture.
Chinese musicians say piracy makes producing new CDs so unprofitable that they are treated as just promotional material for concerts, which provide performers' real income.
Web sites that carry unlicensed copies of CDs often give away the music for free and make money from advertising. That takes advantage of a provision in Chinese law — one that trade groups are lobbying Beijing to change — that requires pirated goods to be sold before violators can be prosecuted.
Chengdu Xiangsha Music Co., in the southwestern city of Chengdu, got out of its main business of distributing CDs and promoting new performers in 2003 when it saw that losses to piracy "would be huge," said general manager Liu Jiming.
Now Xiangsha focuses on supplying music to Web sites and mobile phone companies, Liu said.
"Things are much better now," he said. "But we are still bothered by illegal downloads and online linking."
Losses to software piracy are especially damaging to China's plans.
Beijing wants to see the industry flourish, both to create jobs and to reduce reliance on foreign software, which communist leaders consider a strategic weakness. China has scores of small software companies and its universities produce thousands of programmers every year.
But battered by piracy, software developers are switching from selling products under their own brand names to working as subcontractors for U.S., Indian and other foreign companies — just the anonymous status that Chinese leaders don't want. Most Chinese software companies — such as DHC, Sinocom Software Group Ltd., Broaden Gate Systems Inc. and UFSoft Corp. — focus on subcontracting for foreign clients instead of selling to the general public.
A report this month by the Business Software Alliance, a U.S.-based industry group, said 86 percent of software used in China last year was pirated — one of the world's highest rates — though it said that was an improvement over 2004's figure of 90 percent.
Even though China is the world's No. 2 PC market, "the legal market for software is relatively small, because of the large piracy rate," said Jeff Hardee, the BSA's vice president for Asia.
"When the piracy rate is as high as it is, it's hard for (Chinese) producers to develop a market, while the foreign developers have the whole world market," he said.
In a separate report in December, BSA argued that China could see its information technology industries triple in size and create 1.8 million new jobs if its piracy rate were cut by just 10 percentage points over the next four years.
"China could potentially gain more than any other country," the report said.
Ren says the problem is not lack of official enforcement but Chinese consumers, whom he complains don't see that they are supporting innovation when they pay for legitimate goods.
"Ordinary Chinese people don't see anything wrong with buying pirated goods," he said. "We need to change people's attitudes. That is going to take time."
my painting attempt failed ..no fill
have a great holiday all.
js
attempting a paint here..eom
Yeah..Nice steady flow of pr's & money in to follow will keep us on track without any major pullbacks just yet.
I think some were looking for a big dip, but with the accumulation at this point .. resistance levels are changing.
this one is just getting started !
all imho
js
indicators look good.. Steady flow
of prs, and investor interest could get us in the pennies next month.
all in my opinion of course.
Good luck & thanks for the chart dart!
js
upon quick review of your list, I'll concur
thx yolo..found out about this from you on gnf board
big movement coming !
added @.001 eom
Hopefull..
Hopefully they're gearing up to take a larger stake in TFN..
cautious long term looks promising
cheers
js
Masta..thanks for the chart.. I need more shares.. see you am
js
IBCX NEWS
Source: IBAC Corporation
IBAC Corporation Completes Buyout of Minority Partner in The Sanibel Restaurant Group, Inc. and Other Pertinent Corporate Information
Thursday June 22, 12:59 pm ET
NEW YORK--(BUSINESS WIRE)--June 22, 2006--IBAC Corporation (PINK SHEETS: IBCX - News) today announced the completion of the buyout of its minority partner of the Sanibel Restaurant Group, Inc. and other significant corporate information.
ADVERTISEMENT
The company has completed the acquisition of the 49% minority interest in the Sanibel Restaurant Group, Inc that it did not own, and it is now negotiating to acquire the 49% of the hotel in Memphis that it does not own, the company expects that deal to be completed shortly.
That will leave the company with 100% ownership of The Sanibel Restaurant Group and the Bonita Springs Restaurant Group and the Memphis Hotel, only leaving a minority partner in the Arkansas property.
The company reports revenues of $644,130.32 for the month of May, and anticipates increased revenues for June.
The Company is in the final stages of adding 10 million dollars (a acquisition) per year of revenue to its balance sheet with the acquisition soon to be closed.
The Company has not yet received completed audits as promised from its auditors, the Company is stuck between a rock and a hard stone as if they fire the current auditors for lack of performance, they will have to start from scratch and that would be far worst than where they are now, so management is resigned to ride out its current auditors and pound them for results opposed to a change and starting over.
"The Company is alive and well and we intend to fulfill our dreams and aspirations regardless of what it takes, the company has real assets, real employees (over 150) and real revenues and we regardless of any obstacle expect to be trading at least on the otcbb, we are discouraged that we don't have our audited financial statements yet, but we will prevail onwards and upwards." Said Wayne Burmaster President IBAC Corporation.
IBAC Corporation is a New York-based holding company operating through its subsidiaries within the Hotel, Food Service & Restaurant industries. IBAC now has operations in Florida, Tennessee & Arkansas. For more information, please visit: www.ibaccorp.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" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-loo
you're welcome ..eom
no problem ..eom
fwiw..
Iowa Governor Signs E85 bill
Jefferson City , MO - Iowa Governor Tom Vilsack signed a bill into law that is touted as being the most aggressive renewable fuels legislation in the country. The legislation is intended to boost availability of ethanol and biodiesel throughout the state. A 25% Iowa Renewable Fuels Standard (RFS) is the centerpiece of the comprehensive renewable fuels bill.
“With the Governor’s signature, Iowa is on the path to be the number one renewable fuels consuming state,” stated Iowa Renewable Fuel Associaiton’s (IRFA) Executive Director Monte Shaw. “ Iowa is already the ethanol and biodiesel production leader. Now we have the most aggressive renewable fuels usage policy of any state as well. IRFA has already been contacted by several states who want to follow in Iowa’s footsteps.”
House Bill HF 2754 and its companion appropriation bill, HF 2759, intends to assist retailers with E85 infrastructure and could reduce the price of the alternative fuel at the pump. The bills also create:
An aggressive, accountable renewable fuels standard (RFS) starting at 10% in 2009 and increasing to 25% by 2019.
A new ethanol promotion tax credit for each gallon of ethanol blended into gasoline (replaces existing tax credit beginning in 2009). This incentive is linked to a retailer dealer’s achievement of the RFS schedule. The tax credit increases from 2.5 cents per gallon for retailers within 4% of the RFS schedule to 6.5 cents per gallonfor retailers meeting or exceeding the RFS schedule.
A retail tax credit for E85 of 25 cents per gallon (phases out by 2020).
$13 million over three years to expand an infrastructure program designed to help retailers and wholesalers offset the cost of bringing E85 and biodiesel blends to consumers.
Shaw indicated that consumers should see immediate relief of pricing at the E85 pump.
There are currently 43 E85 fueling locations in the state of Iowa. For a complete listing, go to www.E85Fuel.com.
bumper sticker in Des Moines..
"my car's an alcoholic"
cheers
Ethanol dazzles Wall Street, White House
By LIBBY QUAID, AP Food and Farm Writer Sat Jun 3, 4:02 PM ET
COON RAPIDS, Iowa - A tractor trailer rig rumbles into the Tall Corn Ethanol plant. Corn pours from openings in its belly to bins underground, where conveyor belts and buckets haul it to gleaming steel silos rising 13 stories above the Iowa plains.
The 40-acre distillery turns corn into alcohol in quantities that would make a moonshiner drool. Instead of white lightnin', the brew is converted to ethanol, a fuel that makes money for farmers and is seen as a possible solution to today's high oil and gas prices.
Like the other modern-day stills dotting the Midwestern landscape, the Coon Rapids plant reached capacity soon after opening — within 12 days, to be precise.
Ethanol production in the United States is growing so quickly that for the first time, farmers expect to sell as much corn this year to ethanol plants as they do overseas.
"It's the most stunning development in agricultural markets today — I can't think of anything else quite like this," says Keith Collins, the U.S. Agriculture Department's chief economist.
The amount of corn used for ethanol, estimated at 2.15 billion bushels this year, would amount to about 20 percent of the nation's entire crop, according to department projections.
Even as ethanol devours corn and pushes prices higher, the president and Congress are calling for even greater ethanol use. Wall Street cannot seem to get enough of ethanol-related investments. Automakers are speeding ethanol-capable vehicles onto the road.
Yet the ethanol industry is not without its critics, who question whether tax incentives provided by Congress are really needed.
The enthusiasm for ethanol makes farmer Lynn Phillips want to grow more corn. Phillips helped raise the money for the farmer-owned Tall Corn plant, which opened in 2002 as a way to make more money by processing every kernel of locally grown corn.
"We saw train cars after train cars of raw material being shipped away and value being added somewhere else," said Phillips. Now, the corn "is still going out on train cars — it's just going out in the form of ethanol and distillers' grain."
Corn can cost more to grow because it needs heavy applications of fertilizer. Right now, Phillips plants corn on about half his 2,000 acres and soybeans on the rest.
Inside the ethanol plant, corn is ground and mixed with water to make mash. It is heated and mixed with enzymes to convert starch into sugar and fermented with yeast to make alcohol — just like making moonshine. Hanging in the air around the 500,000-gallon fermenting tanks is the smell of sweet, white wine.
The mixture is kept just below 90 degrees Fahrenheit. Yeast seem happier below that temperature, general manager Owen Shunkwiler hollers over the hum. Shunkwiler works for South Dakota-based Broin Companies, which invested in Tall Corn and is responsible for its operations.
After fermentation, the mixture is boiled to remove water, then dehydrated to boost the alcohol content. Before leaving the plant, a denaturant, or poison, is added to make the alcohol unfit for drinking. Then the ethanol is ready for shipping to fuel storage terminals that will blend it with gasoline as it goes into trucks for distribution to gas stations.
Also yielded in the process is livestock feed. Corn kernels minus the starch are left over — think South Beach for cows. Every 56-pound bushel makes about 17.4 pounds of grain feed, according to the Agriculture Department.
Tall Corn produces 150,000 gallons of ethanol each day, enough to power an estimated 272 cars for an entire year if they ran on ethanol alone.
But automobiles do not run on pure ethanol. Instead, ethanol is combined with unleaded gasoline to boost its octane rating and reduce emissions.
The most common blends are 10 percent ethanol, approved for any make or model sold in the U.S., or 85 percent ethanol, known as E-85 and used in specially made flexible fuel vehicles. About 5 million vehicles in the U.S. can run on E-85; more are in production.
In Iowa in April, regular unleaded gasoline was selling for $2.71, E-10 for $2.65 and E-85 for $2.33.
With demand comes expansion. In Iowa alone, three new ethanol plants opened last month. The industry likely will outpace a mandate from Congress to pump out 7.5 billion gallons a year by 2012, according to Collins.
Meanwhile, lawmakers envision vastly more ethanol in the nation's automobiles. Sens. Tom Harkin, D-Iowa, and Richard Lugar, R-Ind., are pushing to require 60 billion gallons of ethanol and soy-based biodiesel by 2030.
An expansion that big would require sources for ethanol besides corn. Ethanol is made from sugar cane in Brazil, which meets about half its fuel demand with ethanol. Sorghum, another feed grain, accounts for about 3 percent of U.S. ethanol, according to the Agriculture Department.
Research is under way on other potential sources, such wood fibers and residue from crop harvesting.
The big question is whether oil and gas will remain expensive.
"When the price of anything gets high enough, then all kinds of substitutes come out of the closet," Collins said. "That's what's going on now. As long as the price of oil stays high, where ethanol is profitable, this industry is going to keep growing."
___
On the Net:
Renewable Fuels Association: http://www.ethanolrfa.org
Iowa Renewable Fuels Association: http://www.iowarfa.org/
Broin Companies: http://www.broin.com
Agriculture Department: http://www.usda.gov
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big cue .here..
searched .. 3409, 3410 both mentioned 13 days..
read posts: 3306 , 3418
(more what your looking for)
several others mentioned the same statements.
Where it says "Search this board"
enter keyword or phrase.
glty
js
yes
same page /
gonna ride this & paivis for a very healthy return. imvho
We need the right group of people moving this & I thinks we've got em' .
Patience will pay off.
glty
js
You misread..
.007
I would like to add more but can't right now.
glty
I believe we're into something with huge upside potential here & very fortunate to be here.
I'll hold tight and sell off 1/2 my position when we get to .007. The balance I'll hold for long term.
^Thanks for all the positive posts..
good luck to all.
js
We'll be picking up a boatload of shares tomorrow. >Little late on the entry but the upside could be extreme. Bkmp getting noticed.
cheers
js
this could drive the the pps way beyond the ceilings of the traders mindset.
Absolutely brilliant scheme of err.
Historical & hysterical !
cheers serf
good luck to you
js
this is the most bizarre set of circumstances being played out which has caused unusual appeal to the market. I have never seen a situation like this before.
Causing such a stir like a gushing oil well.
Even Fidelity is having difficulty giving me straight answers.
glty
js
Awesome ! Hell lets see 03 ! -e-
still no word from them on status of converted merger shares.
I checked periodic times.. no shares yet.
fidelity
question ..has anyone had their jphc shares converted into paiv? I'm sitting on free shares pre merger which haven't converted yet.
thanks
js
my shares.. to be converted @.4623 jupiter shares were never
issued as of yet. I only have a cusp # & the # of jupiter shares previously owned,..all un-tradeable.
js
buying some in am ...to flip.
still holding shares at 0 cost long.
we'll see what develops.
good luck to all
js
from apoa filing..
"
On April 21, 2006, APO entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with APO Health Acquisition Corp, Inc., a Nevada corporation and wholly-owned subsidiary of APO Nevada and Jupiter Global Holdings, Corp., a Nevada corporation ("Jupiter"). The Merger Agreement provides that upon the terms and subject to the conditions set forth in the Merger Agreement, APO Acquisition will merge with and into Jupiter, with Jupiter being the surviving corporation (the "Surviving Corporation") and a wholly-owned subsidiary of APO Nevada."
"APO Health Aquisition Corp"
Wholly owned subsidiary...
Also Jupiter to be "Wholly " owned subsidiary business of APO Health Aquistion Corp.
Jupiter to be surviving co.
I believe (imvho) fnix will run very soon. I'm going to pick up
some shares from time to time at these levels.
Fnix is noted for its explosive moves.
glta
js
still holding here..free shares for the ride.
js
thanks ..I'll check it out/ eom
kswj up 900%..
what gives
Should we see more ?
Shares of jphc will be accounted for, & cancelled. New shares from the aquiring company will be issued to the current shareholders of jphc at close of transaction. Value of jphc shares stated at .005.
Form 15 filing by Jupiter gives aquiring company right to buy up to 10% of the o/s of jupiter prior to closing..per form 15 rules ..
per bigdog
Short interest has to cover because of cancel of jphc shares at close of deal.
Huge short interest groups screaming for help to cover.
Paid bashers appearing everywhere to confuse the market.
They have to cover, or lose bigtime cash.
IS this the deal? this is the deal imvho
I'm holding free shares now.
not selling
Be careful what you wish for.
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I believe bigdogs originally drafted that post.