Trying to sort facts from fiction in the world of stocks
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BEDA & CCTC should bust wide open this week
If we work together we can force a short covering, if we hold shares and add buying pressure to take it over .003 those that hold short positions may need to cover taking this much higher, perhaps a fairly easy ride up to .01....IMO
We need to push this fast on monday over .003 if we want to get the shorts to start covering...Anybody agree with me?
We should see a few PR's this week on the divy topic and any mergers etc...imo
Philex Mining starts March with surge in shipments amid higher metal prices
Monday, 08 March 2010 00:00
PHILEX Mining Corp. said it registered strong growth in the value of ore produced from its Padcal mine as well as in its mineral shipments because of higher metal prices. In a disclosure to the Philippine Stock Exchange, the country’s biggest mining firm said the estimated value of its production for the first two months of the year went up by 9 percent to P1.58 billion from P1.45 billion in the same period of 2009.
Jose Ernesto Villaluna Jr., Philex president, said the Padcal mine delivered 644,939 dry metric tons (DMT) of ore resulting in 4,726 DMT of concentrates containing 49.11 grams per DMT of gold, 24.72-percent copper and 52.75 grams per DMT of silver in February.
Production last month amounted to 7,471 ounces of gold, 2.58 million pounds of copper and 8015 ounces of silver with a total estimated value of P772 million. The estimated value of gold output is P384 million, P382 million for copper and P6 million for silver.
This was based on provisional metal prices of $1,110 per ounce of gold, $3.21 per pound of copper and $16.12 per ounce of silver at the exchange rate of P46.258 to $1.00.
The company’s first shipment for March also rose by 50 percent to P816 million from the P545-million worth of concentrates in the same month last year.
The shipment on March 1 contained concentrates amounting to 5,067 DMT, just slightly higher than the 5,009 DMT shipped in the same period last year.
Gold shipped dropped to 8,160 ounces from 9,466 ounces in the same period of 2009 while copper content went up to 2.79 million pounds from 2.6 million last year.
The value of the mineral content in this month’s first shipment, based on provisional metal prices, amounted to P392 million for gold, P417 million for copper and P7 million for silver.
On February 23, Philex shipped 4,998 DMT of concentrates with an estimated value of P836 million.
The company earlier said it increased its stake in Forum Energy Plc, which was recently awarded an exploration and development contract in offshore Palawan.
Philex’s wholly owned oil and gas unit, Philex Petroleum Corp. (PPC), purchased an additional 2.4-percent interest in Forum Energy, raising the group’s stake to 65.0 percent.
PPC now holds 39 percent of Forum Energy while the other 26.0 percent is held through FEC Resources Inc., Philex’s 51-percent owned Canadian subsidiary.
Forum Energy is a UK-based oil and gas exploration company that recently won the conversion of its Geophysical Survey and Exploration Contract 101 to a Service Contract 72.
The Reed Bank Basin measures about 71,000 square kilometers and is located about 250 kilometers west of Palawan.
In 2006, results from a 248 square kilometer 3D seismic survey over the license area confirmed a minimum of 3.4 trillion cubic feet of proven gas in place with significant upside potential.
Krista Angela M. Montealegre And Euan Paulo C. Añonuevo
Post Unavailable
Additional Information
BEDA NEXT WEEKS MONSTER PLAY
There are 5 great things going for BEDA in the next week:
#1- Company Share Buyback
#2- The acquisition of Texas Mobile Health (TMH) is still on track and is expected to close by March 15th or sooner.
#3- Other Mergers Expected
#4- Naked Short Sellers over 2 BIL short MOASS looking very likly in the near future.
#5- Lots of Momo all over the place
Pinksheet updates:Share structure!
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=beda#getCharts
#
Estimated Market Cap
$1,494,635 as of Feb 3, 2010
#
Outstanding Shares
1,358,759,000 as of Feb 3, 2010
#
Authorized Shares
5,000,000,000 as of Feb 3, 2010
#
Float(shares)
404,827,453 as of Feb 3, 2010
With what you are about to read about BEDA, it is fact not fiction. If anyone has an issue with what I am about to post, please consider taking the issue up with two of the market?s primary regulatory authorities? FINRA and the SEC? since they are the governing authorities for the ?official? data provided.
The next thing to consider is that BEDA has some business objectives they are trying to achieve for growth, but let?s come back to talk about them a little later within this post after you review the below spreadsheets of the data compiled that confirms that BEDA has been naked shorted by over 2 billion shares. This issue I?m about to explain has now moved to the forefront as it was not my original reason for buying BEDA. So, let?s discuss as this is very very huge.
BEDA ?officially? has been ?naked shorted? a total of 2,022,711,713 shares. The links below to confirm this are ?official? links of data that are provided by FINRA. Under the section towards the end of the links below from FINRA is a section titled ORF. It reflects the by month listings with the amount of BEDA shares shorted (naked shorted) out of the total volume for that day which can be accessed from the top of each page. The daily data has to be totaled manually as the data is not cumulative to derive a total amount of shares shorted (naked shorted).
Below are the spreadsheets with each applicable link corresponding to each month for the applicable 4 months of naked shorting involved for your review; Dec 2009 to Mar 2010 reflecting the 52 consecutive trading days that BEDA has been on the Reg SHO List:
BEDA Naked Short Shares for Mar 2010
http://regsho.finra.org/regsho-March.html
BEDA Naked Short Shares for Feb 2010
http://regsho.finra.org/regsho-February.html
BEDA Naked Short Shares for Jan 2010
http://regsho.finra.org/regsho-January.html
BEDA Naked Short Shares for Dec 2009
http://regsho.finra.org/regsho-December.html
If one were to total the column titled ?Short Volume? from the spreadsheet data above, it will give you a total amount of 2,022,711,713 shares shorted. The thing to keep in mind is that the term ?short? is used synonymously to mean ?naked short? when dealing with the data provided which could be further verified from the Reg SHO info below which is also something else very important to note.
BEDA has been on the Reg SHO List for 52 consecutive trading days. There is a total of 2,022,711,713 shares that have been naked shorted out of the total volume of 4,180,937,492 shares as of close of business/market Monday, 1 Mar 2010. Again, this is fact and not fiction as compiled from the official data above provided by FINRA and indicated below:
http://www.nasdaqtrader.com/Trader.a...egSHOThreshold
According to the SEC, the Market Makers (MMs) have 35 days to cover as indicated below:
http://www.nasdaqtrader.com/TraderNe...?id=ra2007-086
According to the Reg SHO and Buyins.net report, so far, BEDA has been listed on the Reg SHO list for 52 consecutive trading days and is listed on the ?Imminent Buyin? list:
http://www.regsho.com/tools/short_list.php?dys=>12
http://www.buyins.net/tools/short_list.php?dys=%3E12
The SEC has also approved and is implementing ?Short Selling Restrictions? as indicated below to help combat this issue:
http://www.sec.gov/news/press/2010/2010-26.htm
Something the company is doing to help combat and force a positive remedy for this situation for BEDA shareholders can be read in the PR below which states that they are in the process of confirming funding from a Private Investor to contribute towards the company buying back 50% of their Float as indicated below:
http://finance.yahoo.com/news/Bederr....html?x=0&.v=1
The company has not had a share structure change in well over a month. The Transfer Agent (TA) for BEDA is ungagged. Their TA is Transfer Agent First National Trust Company and can be reached at 713 985-9624 or 713 579-0661 to verify the official share structure below of which has remained unchanged:
http://finance.yahoo.com/news/Bederr....html?x=0&.v=1
The company PR-ed above to confirm that the share structure is as indicated below:
Authorized Shares: 5,000,000,000
Issued Shares: 1,358,759,973
Float: 404,827,453
Restricted: 954,932,520
The Float is 404,827,453 shares. After the company buys back 50% of the Float, the Float will be 202,413,727 shares. Here?s where some issues exist.
Issue #1
Since BEDA has been naked shorted a total of 2,022,711,713 shares and is still on the Reg SHO List, this means that not only have the already 404,827,453 shares in the Float have been sold to retail investors of which are still holding, but 2,022,711,713 shares have been naked shorted in being sold to retail investors and purchased above the already 404,827,453 shares that have been exhausted. The Float is beyond gone and has been for 52 consecutive trading days. Since BEDA has been on the Reg SHO List for 52 consecutive trading days, that means that a covering has never taken place which means that the naked short has been cumulative and will be cumulative until a covering transpires taking the deficit back to ground zero or close enough to start the count over. This is the day that we would not see BEDA on the Reg SHO List, but as of today it still remains on the list. A mandatory covering has to take place.
Issue #2
BEDA has been on the Reg SHO List for 52 consecutive trading days. According to the SEC, the MMs have 35 days before a forced buy-in has to happen to cover the naked shorted position. We are 17 days here in BEDA overdue. A mandatory covering has to take place.
Issue #3
From the PR below, one of their acquisitions will bring in $3 to $4 million in Revenues:
http://finance.yahoo.com/news/Bederr....html?x=0&.v=1
As for another acquisition under consideration that generates over $10 million in Revenues, read below:
http://investorshub.advfn.com/boards...ge_id=46639701
http://investorshub.advfn.com/boards...ge_id=46642624
http://investorshub.advfn.com/boards...ge_id=46727721
The company apparently is planning on buying back shares at much higher prices as they have mentioned that they will be using some of the Revenues generated from their acquisitions to buy back shares. I am confident that the company has no problem in buying back shares at much higher prices because they know that further acquisitions to add significant value will be added after the shares they buy back. The shares they buyback will look like shares bought at a premium to some investors while they will always be considered shares bought at a discount to the company. Either way, they are buying back shares for a specific purpose of growth to support the future of the company to confirm that they believe in the future continued growth of their company. This means that the price of the stock at the time of the buyback does and will not ever matter.
The issue here is? Where is the company going to get 202,413,727 shares from the market to purchase if the Float of 404,827,453 shares has already been bought by retail investors along with 2,022,711,713 shares sold above the already existing Float existing as a deficit waiting to be covered? A mandatory covering has to take place.
As mentioned in the PR below and in a few of their previous PRs? ?the company has a large appetite for acquisitions due to its strong belief that it can leverage its valuable insurance contracts to acquire several companies that do not currently have, or cannot obtain, these contracts in order to survive in the existing economy and health care environment. ??
http://finance.yahoo.com/news/Bederr....html?x=0&.v=1
For those who are new to BEDA and is not aware of these ?valuable insurance contracts? that the company was referring to, BEDA has in place all the necessary insurance plans such as Medicare, Medicaid and Commercial Insurance contracts. Here?s a little proof of their experience from a completed major deal with the AMERIGROUP Corporation:
http://www.bederra.com/documents/new.../4.15.2008.pdf
The AMERIGROUP Corporation trades on the NYSE under the ticker of AGP: NYSE at $27.00+ per share:
http://phx.corporate-ir.net/phoenix....rol-stockQuote
http://www.realsolutions.com/
http://www.realsolutions.com/company/pages/home.aspx
Something else to note, a little while back, BEDA received approval from the State of Texas to provide Nuclear Medicine services. When I spoke to the CEO a little while back, they still have plans for utilizing this approval to their advantages to practice nuclear medicine, but I was not able to get any details of the company?s plans of utilization:
http://www.marketwire.com/press-rele...xas-986055.htm
In closure, for those not understanding what it means for BEDA to be naked shorted and on the Reg SHO List, here?s what it means (a must listen):
http://www.businessjive.com/
Then listen to this below by Senator Robert F. Bennett:
http://www.cnbc.com/id/15840232?video=652216599&play=1
I have done some DD here and this thing is WAY underpriced...IMO
The A/S values the shell and the Company..IMO...
This is a huge bite in the ass, 70 mil a/s to 800 Mil a/s...I am out...GLTA
From 50 mil OS to 880 MIL OS...OUCH!
BEDA
How low is this going? This is crazy! Just getting REALLY concerned. GLTA
Agreed...the next PR should send it flying if they have the new appraisal completed..
New group of Bagholders here I think, I hope not...GLTA
No News = No Movement again....GLTA
Still Holding strong!
GMPM= Gold Mine
FFGO NEWS OUT
We are very very close!
This could be $1.00 + very soon..IMO
Today was very interesting, I wonder if everybody is just waiting to find out if the divy is true before they do anything.
No News will continue to = No Movement..imo, I don't understand what they are holding back for when the PPS is this low.
Should go much higher before a pullback, .50-.60 range MAYBE!
It was not one of our picks...Maybe it should have been..LOL
Submit Thursday Picks
WED PICK WINNER (NSFE)$ 0.0031 ?0.0005 (19.23%)
$48 Million Annualized Minimum Sales Volume
LAS VEGAS, NV -- (Marketwire) -- 03/03/10 --
Gamma Pharmaceuticals, Inc. (PINKSHEETS: GMPM): Gamma Pharmaceuticals, Inc. ("Gamma" or the "Company") announced that it has entered into a multi-year agreement (the "Agreement") with one of North America's leading wholesale distribution organizations to distribute the full line of Gamma products. The Agreement, which is evergreen in duration, provides for minimum monthly volume purchases of Gamma products at agreed upon pricing per SKU. The contracted terms cover the sale of 40,000 cases per month of Gamma's branded products, which at full distribution equates to an annualized value of approximately $48.0 million. Gamma's new distribution partner is one of the largest wholesale distributors of branded consumer products in North America, and is credited with the enormous commercial success of many leading consumer brands.
Peter Cunningham, Gamma's Chief Executive Officer, commented on the agreement, "We are extremely pleased to have successfully contracted with such an accomplished distributor. The distributor and its retail network share Gamma's view that our products have great commercial appeal. This guarantee arrangement takes Gamma from the pre-revenue, pre-EBITDA company it has been over the past two years to a company with approximately $48 million in minimum annualized revenues, and enables Gamma's management and shareholders to look forward with more certainty in anticipating our growth and profitability." Mr. Cunningham added, "Gamma now has in place a distribution platform that truly complements the Company's product portfolio. Gamma can now successfully extend its commercial reach to more effectively attract additional retail accounts that will drive revenues in the US market for years to come."
About Gamma Pharmaceuticals, Inc.
Gamma Pharmaceuticals, Inc. (www.gammapharma.com) is a marketing and product formulation company selling its own branded products through wholesalers and direct to retailers, both in the US and internationally. Gamma's core focus is the marketing and sale of vitamins and nutriceuticals, OTC pharmaceutical products and personal care products in the United States and Greater China. Branded nutritional supplements are sold under the trademarks Brilliant Choice? children's nutritional supplements featuring the call to action "Mom you've made a brilliant choice for your children's nutrition;" SAVVY? adult nutritional supplements featuring the call to action, "Be SAVVY Stay Healthy;" and, Jugular Energy Products? and high performance supplements featuring the call to action, "Go for the Jugular?." Gamma's customer focus is on selling products in the Lifestyle of Health & Sustainability ("LOHAS") marketplace and in the Energy Supplement Market. A series of innovative marketing programs supports Gamma's product sales and retail partners.
At present Gamma manufactures in North America, and distributes in the United States and China. Gamma's products utilize proprietary "Gel Delivery Technology®," to create innovative gel product forms; that are designed to give consumers a more pleasant experience. Gel Delivery Technology® characteristics include rapid absorption, convenience and taste great. Market categories Gamma targets are growing as rapidly as 60% per year. Gamma has developed formulas and strategies for Metabolic Syndrome and Diabetes Type II, Stress Reduction, Cognition, Well being, Menopause Symptoms, and Personal Care Products. Gamma also develops and manufactures house brands for major retailers. At this time, Gamma has a total of 36 SKUs and holds licenses for 9 SKUs in China.
Forward-Looking Statements: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this Press Release regarding any impact the quotation of the Company's stock has on the Pink Sheets or the lack thereof on the OTCBB, and any other effects of the above are forward-looking statements. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
Contact: Gamma Pharmaceuticals, Inc.
Joe Cunningham CFO (jcunningham@gammapharma.com) Direct: (651) 204 2048 Office: (702) 989 5262
GMPM WOW! Great Day!!!
Who was stupid enough to sell that many? or any....May be a naked short sale?
Company Value? anyone figure this out yet on a PPS basis.
I hate to see that many shares for sale at that price, and it din't even knock the ask up....Scary IMO
MM's are not buying today, nor is anyone else...
This is what he said "they tend to spike, but some tend to sink ....
Yes he did..When th first big PR it is going to do 1 of 2 things/ Up or Down....Remember SKGO...That was funny..lol
In other words you have NO clue what will happen here because there is NO pattern other than "up or down". Thanks for the info.
What Pattern? LOL
Have at it Toucan, I have no funds available..you are a rich guy..LOL
Let's Roll Dudes....$2.00+
You need to own your shares on the 5th to get the Divy.