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Pilot Metals holds a purchase option on Project W from PCFG's subsidiary Pilot Mountain Resources until September 2013. Pilot Metals plans for 2012 include a drilling program, resource calculation, metallurgy study and a scoping study.
PCFG management believes that Project W results received by Pilot Metals, to date, have been equal to or exceeding historical reports prepared regarding Project W resources.
Possible BUYING interest, if they liked the results i would suspect a filing soon.
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An SEC form similar to the Schedule 13D used to report a party's ownership of stock that is over 5% of the company. Schedule 13G is shorter and requires less information from the filing party. Ownership of over 5% in a publicly-traded stock is considered to be significant ownership, and therefore must be reported to the public.
Read more: http://www.investopedia.com/terms/s/schedule13G.asp#ixzz25HQ7ZDQi
This was an interesting PR that was put out a couple months back and got me attracted to PCFG:
Pilot Metals holds a purchase option on Project W from PCFG's subsidiary Pilot Mountain Resources until September 2013. Pilot Metals plans for 2012 include a drilling program, resource calculation, metallurgy study and a scoping study.
PCFG management believes that Project W results received by Pilot Metals, to date, have been equal to or exceeding historical reports prepared regarding Project W resources.
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Long Gold Miners/Short S&P 500 ETF Pairs Trade
August 31, 2012 | 10 comments | about: GDX, includes: GGGG, GLD, IAU, IVV, SH, SPY, VOO
Gold and Silver miners have for many months been trading at a healthy discount to the NAV of their reserves. Although the optionality provided by a long position in a miner should be worth something (since a rising gold price ought to create a disproportionate increase in the stock through operating leverage while if gold falls to unprofitable levels they can simply stop digging), the market continues to price the sector at a discount. One obvious move is to buy the Gold Miners ETF (GDX) and short gold itself (GLD). However, this means simply betting on a reversion to the mean of the relationship, and there's no knowing when that might happen.
Instead, long GDX and short S&P 500 is an interesting trade. Gold is out of favor and a short position isn't likely to provide much protection from here.
http://seekingalpha.com/article/840631-long-gold-miners-short-s-p-500-etf-pairs-trade
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US could be back on gold standard within two years: Schiff
Marc Howe | September 1, 2012
http://www.mining.com/us-could-be-back-on-gold-standard-within-two-years-schiff-77861
September 01, 2012
Return to the gold standard
http://www.econbrowser.com/archives/2012/09/return_to_the_g.html
Lots of TALK about GOLD these dayz!
Emailed, glad you could make it. Should be interesting in the coming month and a bit or so. I got some orders in all the way till about .0022 fyi
==========Snippets=========
Pacific Gold Corp. (OTCQB:PCFG)(PINKSHEETS:PCFG) announced today that its subsidiary, Pacific Metals Corp., filed a Form 10 registration statement with the SEC to register as a reporting company in anticipation of becoming a publicly traded company.
Once Pacific Metals is registered, which will be at least 60 days after the filing of the Form 10, PCFG plans to take steps to distribute by means of a dividend a portion of the shares of common stock it holds in Pacific Metals to the shareholders of PCFG. After completion of the dividend, Pacific Metals will seek an OTCQB quote of its common stock.
Pacific Metals plans to hire an independent management team and begin to develop the claims it holds encompassing the historic Graysill Mine in Colorado. The claims are believed to host a mineral deposit containing significant amounts of uranium and vanadium.
To find out more about Pacific Gold Corp. (OTCQB:PCFG), visit the Company's website at www.pacificgoldcorp.com.
Possibly but i think the players here have more interest then retail investors right now. If this was retail you would "usually" see a bigger/faster dip or at least a long drip on 1 of the candles to say 001ish already if it was heading close to there. Iam not saying we are not going to see more downside but with gold heading to $1900+ and like grassroots research report stated from their research of the company:
"further expand its asset base, advance toward profitable operations and generate significant cash flows....the potential for increased production from additional resources should significantly improve the Company's top-line"
I think we are rounding bottom here....is my call. Maybe could see some whacks at 0026 but going with my gut and cant see much more red.
You call 4 mil in liabilities for a current sub penny company big problems??? LOL Can you say UNDERVALUED and no where near FAIR MARKET VALUE.... i guess you havent read a lot of a balance sheets around OTC markets. Its traded nearly $100k around double 3 and HELD up EXTREMLY well. Lets see something like that with any other penny play, heck even 1.00 without the bid collasping. Pateince will be key, like i said before there are some power houses stepping in and the show is just begining!!
Share Structure is KEY if they can stay away from billions as possible, A LOT more upside potential is coming.
Not so fast, sure shares are being sold or converted BUT also someone is playing catcher too. As you can see from my breakdown below of the trades the past 3 days the brakes have engaged. Too me with the price action as we saw today with the spread and sales below bid are being handed to someone obvioulsy important. Add up the numbers these are not small time players flipping a double 00 stock.
I would wait a couple days to see if we get any 13 G's filed soon or form 4's. For some clues
Anyone catch BATMAN, Is BATMAN part of MARVEL, that FBCD said it was licensed with?
FBCD - As of July 6, 2012, there were 257,419,391 shares of common stock, issued and outstanding....
FBCD - CONSULTING AGREEMENT - Sport Technology Inc/Michael Kern.
This consulting agreement (the “ Agreement ”) is made and entered into as of April 6 th , 2012 by and between Sport Technology Inc/Michael Kern., an California Corporation and FBC Holding A Delaware Corporation
This is to confirm the terms of our agreement:
·
FBC Holding will pay Sport Technology/Michael Kern 2% of all FBC Holding sales. Commissions will be paid on the 10 th of each month on invoices paid on the prior month.
·
FBC Holding will transfer 5% equity/stock at the current value on signing of this agreement to Michael Kern to..
·
FBCD ~ CONSULTING AGREEMENT - Sport Technology Inc/Michael Kern.
This consulting agreement (the “ Agreement ”) is made and entered into as of April 6 th , 2012 by and between Sport Technology Inc/Michael Kern., an California Corporation and FBC Holding A Delaware Corporation
This is to confirm the terms of our agreement:
·
FBC Holding will pay Sport Technology/Michael Kern 2% of all FBC Holding sales. Commissions will be paid on the 10 th of each month on invoices paid on the prior month.
·
FBC Holding will transfer 5% equity/stock at the current value on signing of this agreement to Michael Kern to..
·
·
·
FBCD - As of July 6, 2012, there were 257,419,391 shares of common stock, issued and outstanding....
(3) NOTES PAYABLE -FBCD
At April 30, 2012 and 2010 the Company had two unsecured notes payable outstanding for $509,149 total, all currently due and bearing compound interest at 9% per annum.
On March 20, 2008, Wave Uranium Holding (the "Company") entered into a securities purchase agreement (the "Agreement") with accredited investors (the "Investors") pursuant to which the Investors purchased an aggregate principal amount of $1,562,500 of 8% Original Issue Discount Senior Secured Convertible Debentures for an aggregate purchase price of $1,250,000 (the "Debentures"). The Debentures bore interest at 8% and mature twenty-four months from the date of issuance. The Debentures were convertible at the option of the holder at any time into shares of common stock, at an initial conversion price equal to $0.25 ("Initial Conversion Price"). These notes were converted to preferred shares with an exercise price of $0.625.
What are debentures?
Debentures are a fixed-interest, fixed term
investment. They are offered by finance and
industrial companies which are referred to as
issuers. They usually offer a higher return than
is available from other fixed interest investments.
Returns are based on a combination of official
interest rates and loan rates depending on the
issuer's lending practices. They are not risk free
investments.
What is the difference between Notes Payable and Accounts Payable?
While both of these are liabilities, Notes Payable involves a written promissory note. For example, if your company wishes to borrow $100,000 from its bank, the bank will require company officers to sign a formal loan agreement before the bank provides the money. (The bank might also require your company to pledge collateral and for the company owners to personally guarantee the loan.) Perhaps the loan paperwork will be a half inch high. Your company will record this loan in its general ledger account, Notes Payable. (The bank will record the loan in its general ledger account Notes Receivable.)
Contrast the bank loan with phoning one of your company’s suppliers and asking for a delivery of products or supplies. On the next day the products arrive and you sign the delivery receipt. A few days later your company receives an invoice from the supplier and it states that the payment for the products is due in 30 days. This transaction did not involve a promissory note. As a result, this transaction is recorded in your company’s general ledger account Accounts Payable. The supplier will record the transaction with a debit to its asset account Accounts Receivable (and a credit to its account Sales).
Why would anyone want to sell at this price especially coming off 1 of the BEST Q's put out by the company probably since inception. 1 thing i do ask, for some of the longer term holders, when this was trading in the .20's(again with worst shape fundementals and FUNDING STAGE) there was talk about a .62 cent share conversion I know we are a long way from that but lots speculated this was goig over $1.00 at that time not so long ago.
Just trying connect the dots out loud....
Possibley or pre-arranged buy Have you noticed when a few have posted they sit on BID they dont get shares in the past.
"They" are keeping the offers extremly light on the ASK for some reason as well. Cant really tell though until we get above .0012 - .0015 i suspect is when the bigger volume will come in.
CONSULTING AGREEMENT - between Sport Technology Inc/Michael Kern.
This consulting agreement (the “ Agreement ”) is made and entered into as of April 6 th , 2012 by and between Sport Technology Inc/Michael Kern., an California Corporation and FBC Holding A Delaware Corporation
This is to confirm the terms of our agreement to provide consulting services to FBC Holding The services would include the following functional areas:
·
Business plan development
·
Strategic planning
·
Organizational development
·
Business development (new markets, channels, sales rep network, etc.)
·
Product roadmap/priorities
·
Pricing analysis
·
Marketing & Sales
·
Overseas Production and planning
Sport Technology/Michael Kern would provide forty hours minimum per week of work. These services would be provided until April 6 th , 2014. In return, FBC Holding will provide the following compensation:
·
FBC Holding will pay Sport Technology/Michael Kern 2% of all FBC Holding sales. Commissions will be paid on the 10 th of each month on invoices paid on the prior month.
·
FBC Holding will transfer 5% equity/stock at the current value on signing of this agreement to Michael Kern to..
·
FBC Holding will pay for any pre-approved travel expenses incurred by Michael Kern and any other reasonable expenses needed for FBC Holding by Michael Kern.
·
FBC Holding will pay $5,000 per month to Michael Kern starting with the execution of this agreement and will be paid thereafter on the 6 th day of each consecutive month.
·
This agreement will be in conjunction with THE LICENSING AGREEMENT by and between the same parties dated April 6 th , 2012, and both agreements will be executed upon payment of initial $5,000 for 1 st months payment.
These significant decreases also led to our lower net income (loss) in the nine-month period ended April 30, 2012..............................................................This significant decrease was due to a shift away from paying consultants and service providers with shares of our common stock.
Now lets take a look at those Debentures you were on about in 2011...let me get back to you....2 b cont
loanranger Member Profile loanranger Member Level
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Friday, April 08, 2011 12:25:20 PM
Re: back2basics post# 5351
Post # of 51762
"But I saw nothing about the obligation being paid in full, or paid on at all for that matter."
You're not wrong at all....but I guess my sentence confused you:
"the debt that was converted was apparently supposed to have been completely paid as to principal and interest as of March 2010 and obviously it was not.
Here's the segment (p.F14) from the 10K that indicated the debt should have been paid up by 3/10:
"On March 20, 2008, Wave Uranium Holding (the "Company") entered into a securities purchase agreement (the "Agreement") with accredited investors (the "Investors") pursuant to which the Investors purchased an aggregate principal amount of $1,562,500 of 8% Original Issue Discount Senior Secured Convertible Debentures for an aggregate purchase price of $1,250,000 (the "Debentures"). The Debentures bore interest at 8% and mature twenty-four months from the date of issuance. "
"Beginning on the seven (7) month anniversary of the closing of the Debentures and continuing on the same day of each successive month thereafter, the Company must prepay 1/18th of the aggregate face amount of the Debentures, plus all accrued interest thereon, either in cash or in common stock, at the option of the Company."
Revenues, Expenses and Loss from Operations:
2 YEARS AGO
For the year ending July 31, 2010 our total operating expenses were $7,079,071 compared to $1,144,585 for the year ended July 31, 2009. We attribute the increase to costs of non cash compensation. Our general and administrative expenses consisted of the following: salaries, filing fees, bank charges and interest, professional fees (accounting and legal), telephone and other associated office fees, management and consulting fees (including investor relation fees), marketing, and mineral property expenses.
Liquidity and Capital Resources
As at July 31, 2010 we had cash in the amount of $nil and a working capital deficit of $3,485,354. This is in contrast to our cash position at the same time last year, July 31, 2009 when we had $92,525 of cash in the bank. As at July 31, 2010 our total assets were $nil and our total liabilities were $3,485,354.
Our net loss of $13,947,250 from inception on May 30, 2006 until July 31, 2010 was funded by a combination of equity and debt financing. From inception on May 30, 2006 until July 31, 2010 we have raised approximately $893,692 from the sale of our common stock.
Either way, do you suppose the volume on the chart coorelates to anyone selling big? Have you seen those Form 13-G filed as well. Has anyone filed 1 with FBCD? ;)
Sit tight...you know the note holders need to LET this lil birdie FLY to even start selling positions to be paid ;) What the heck is this stock worth more then cash? They could have said no cash no business.
Definition of 'Rule 144'
A Securities and Exchange Commission rule that sets the conditions under which restricted, unregistered and control securities can be sold. These are the five conditions that must be met for these securities to be sold:
1. The prescribed holding period must be met.
2. There is an 'adequate' amount of current information available to the public regarding the historical performance of the security.
3. The amount to be sold is less than 1% of the shares outstanding and accounts for less than 1% of the average of the previous four weeks' trading volume.
4. All of the normal trading conditions that apply to any trade have been met.
5. If wishing to sell more than 500 shares or an amount worth more than $10,000, the seller must file a form with the SEC before the sale.
Read more: http://www.investopedia.com/terms/r/rule144.asp#ixzz1zd5qGN1i
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S3 Logistics, they are a shipping broker... Their prices are always great as well.
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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75109127
FBCD ~ How #FBCD trying to get its GROOOVE back!
NOTE TO SELF:
-Steady INCLINE on the accumulation line.
-development company to a revenue ready/building company
-our main revenue driving vehicle will be our new website/web portal/web application
-how our business plan will drive revenues thus resulting in significant long term shareholder growth.
FBCD - On November 11, 2011, we issued a total of 19,100,000 shares to Capitoline Ventures II, LLC, in exchange for consulting services. The value placed on these shares was $0.01 per share. The shares were restricted in accordance with Rule 144. The issuance was exempt from registration pursuant to Section 4(2) of the Securities Act of 1933, and Capitoline Ventures II, LLC, is a sophisticated investor and familiar with our operations.
*****NOTES*****
-Accumulation line steady INCLINE
-Charts BOTTOMED
-Company has some industry power houses jumping aboard
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Definition of 'Rule 144'
A Securities and Exchange Commission rule that sets the conditions under which restricted, unregistered and control securities can be sold. These are the five conditions that must be met for these securities to be sold:
1. The prescribed holding period must be met.
2. There is an 'adequate' amount of current information available to the public regarding the historical performance of the security.
3. The amount to be sold is less than 1% of the shares outstanding and accounts for less than 1% of the average of the previous four weeks' trading volume.
4. All of the normal trading conditions that apply to any trade have been met.
5. If wishing to sell more than 500 shares or an amount worth more than $10,000, the seller must file a form with the SEC before the sale.
Read more: http://www.investopedia.com/terms/r/rule144.asp#ixzz1zd5qGN1i
CHART:
FBCD - On November 11, 2011, we issued a total of 19,100,000 shares to Capitoline Ventures II, LLC, in exchange for consulting services. The value placed on these shares was $0.01 per share. The shares were restricted in accordance with Rule 144. The issuance was exempt from registration pursuant to Section 4(2) of the Securities Act of 1933, and Capitoline Ventures II, LLC, is a sophisticated investor and familiar with our operations.
Definition of 'Rule 144'
A Securities and Exchange Commission rule that sets the conditions under which restricted, unregistered and control securities can be sold. These are the five conditions that must be met for these securities to be sold:
1. The prescribed holding period must be met.
2. There is an 'adequate' amount of current information available to the public regarding the historical performance of the security.
3. The amount to be sold is less than 1% of the shares outstanding and accounts for less than 1% of the average of the previous four weeks' trading volume.
4. All of the normal trading conditions that apply to any trade have been met.
5. If wishing to sell more than 500 shares or an amount worth more than $10,000, the seller must file a form with the SEC before the sale.
Read more: http://www.investopedia.com/terms/r/rule144.asp#ixzz1zd5qGN1i
FBCD - On November 11, 2011, we issued a total of 19,100,000 shares to Capitoline Ventures II, LLC, in exchange for consulting services. The value placed on these shares was $0.01 per share. The shares were restricted in accordance with Rule 144. The issuance was exempt from registration pursuant to Section 4(2) of the Securities Act of 1933, and Capitoline Ventures II, LLC, is a sophisticated investor and familiar with our operations.
Definition of 'Rule 144'
A Securities and Exchange Commission rule that sets the conditions under which restricted, unregistered and control securities can be sold. These are the five conditions that must be met for these securities to be sold:
1. The prescribed holding period must be met.
2. There is an 'adequate' amount of current information available to the public regarding the historical performance of the security.
3. The amount to be sold is less than 1% of the shares outstanding and accounts for less than 1% of the average of the previous four weeks' trading volume.
4. All of the normal trading conditions that apply to any trade have been met.
5. If wishing to sell more than 500 shares or an amount worth more than $10,000, the seller must file a form with the SEC before the sale.
Read more: http://www.investopedia.com/terms/r/rule144.asp#ixzz1zd5qGN1i
After a judgment is entered, the person who was awarded money is called the Judgment Creditor and the person who owes the money is now called the Judgment Debtor
Looking seXXXy if we can break above .04
Ambac Judge Asked by Wisconsin Insurance Chief to Allow Payments
Wisconsin Insurance Commissioner Theodore Nickel said he’s seeking permission from a state judge to begin making interim payments on more than $3 billion in claims made by clients of Ambac Assurance Corp.
Nickel’s office in 2010 undertook the rehabilitation of a segregated portfolio of Ambac policies insuring as much as $50 billion in mortgage-backed securities and other corporate liabilities.
Dane County Circuit Court Judge William Johnston in Madison last year approved a plan to pay some of those policy holders 25 percent of their claims in cash, with the balance deferred for nine years with interest.
Well that depends are we just @ the golden mark or does it actually cross? Cause i have seen a lot of plays where the 50 kisses the 200 & goes soft to come back down.
Its a strategic take-down, a group is in control. If this dips below .001 would surprise me at this juncture.....
Fake BID's......lots of brokerage firms now support that! Will be BUYING DIPS...