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Berkshire Hathaway: Reverse Merger
An interesting book I might pick up -
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Reverse Mergers: Taking a Company Public Without an IPO
$51.00 - Reverse Mergers Book (Bloomberg Press)
*Includes FREE Shipping
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Berkshire Hathaway, Turner Broadcasting System, Texas Instruments, Tandy Corporation, Occidental Petroleum Corporation, Muriel Siebert & Co., Blockbuster Entertainment, and the New York Stock Exchange all went public without doing initial public offerings. They did so by means of the reverse merger—a method in which a private company acquires a majority stake in a public one and thereby becomes public itself.
http://www.dealflowmedia.com/catalog/books/869-1.html
"But people forget that the original Berkshire Hathaway—the New England textile company Buffett acquired and turned into the conglomerate we all know and admire—failed.
Even Warren Buffett couldn’t make a New England-based textile company successful in a world of cheap southern mills and, later, offshore producers; so he liquidated that business, put the money into insurance, and used the float from the insurance business to buy high-return businesses with “moats,” as he calls their competitive advantages"
Some High Profile and Successful RMs:
Armand Hammer, world renown oil magnate and industrialist, is generally credited with having invented the RTO. In the mid 1950s, Hammer invested in a shell company into which he merged multi decade winner Occidental Petroleum.
In 1970 Ted Turner completed a reverse merger with failing Rice Broadcasting, which went on to become Turner Broadcasting.
In 1996, Muriel Siebert, renown as the first woman member of the New York Stock Exchange, took her brokerage firm public by reverse merging with J. Michaels, a defunct Brooklyn Furniture company.
One of the Dot Com fallen Angels, Rare Medium (NASDAQ: RRRR), merged with a marginal refrigeration company. This was a $2 stock in 1998 which found its way over $90 in 2000.
Aklaim Entertainment (NASDAQ: AKLM) merged into non operating Tele-Communications Inc in 1994.
Cross Media Marketing (AMEX: XMM), our favorite pick for 2002, merged into non operating Brack Industries in 1998. Cross Media is on track to generate $150 million in revenues and over $15 million in profits in 2002.
Although we can't confirm this from old records, ViaCom is rumored to have been an RTO, along with precious metals giant Placer Dome.
There are hundreds of other examples of highly successful RTOs and thousands of failures. Individual investors can profit from knowing about these situations before Wall Street gets involved and places its own inflated value on the company. Buyers of Cross Media stock in early November are enjoying the benefit of getting in ahead of Wall Street money managers. We brought it to your attention as a virtual unknown at $6.70 on November 2nd. It closed today at $11.93, up 78% in less than three months. On that date the stock was trading at 6x next year's earnings with a 50% growth rate. If Wall Street had done the IPO you would have never seen such a compelling value in the open market.
(DW: The previous post mentioned that Blockbuster went public through a reverse merger...I'm hunting for more examples)
Reverse Merger Facts:
Nearly half of the companies trading on a small cap exchange went public by way of a reverse merger.
Most private companies that go public by way of a reverse merger experience higher evaluations once public.
Most private companies have an easier time raising capital after going public due to shareholder liquidity and reporting requirements.
Ted Turner did a reverse merger with Rice Broadcasting Inc. which became Turner Broadcasting Inc.
Blockbuster Video went public by way of a reverse merger.
http://www.marketing-solutionsltd.com/merger.htm
Reverse merger "Costs Involved":
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There is a strong demand for U.S. public shell companies. By definition these are companies that are publicly owned but have no existing business operations. There are many types of public shell companies available, and many pitfalls that need to be avoided, but properly utilized public shell companies can save private businesses considering "going public" hundreds of thousands of dollars in costs and months, if not years, of strategizing when compared to the typical Initial Public Offering (IPO). There are numerous other benefits to using, or "reverse merging" into, a public shell company, including gaining quick access to public capital markets.
_____________________________________
OTC Bulletin Board
The most popular type of public shell for conducting a reverse merger is the OTC Bulletin Board public shell vehicle. The OTC Bulletin Board is operated by the National Association of Securities Dealers (NASD) and requires that all companies whose stock is traded on the OTC Bulletin Board (or Nasdaq or Amex) maintain their current reporting status with the Securities and Exchange Commission (SEC), which includes current audited financial statements. OTC Bulletin Board shells come in various forms and packages, with some currently trading and some non-trading.
Cost: (non-trading) $150,000 - $250,000, plus 5 - 20% retained equity ownership
(trading) $250,000 - $800,000+, plus 5 - 20% retained equity ownership
_________________________________________
Nasdaq Small-Cap,
Nasdaq NMS,
NYSE, and AMEX
While the OTC Bulletin Board is an excellent stock market and the NQB Pink Sheets are gaining a following, some clients are interested in trading on one of the more mature U.S. stock markets - Nasdaq Small-Cap, Nasdaq NMS, NYSE or AMEX. There are varying levels of qualification for each exchange including asset levels, number of shareholders, required Board level committees, and market capitalization. There are also secondary stock exchanges such as the Boston Stock Exchange and Pacific Stock Exchange. Stag Financial Group can assess whether your company qualifies for one of these stock exchanges and, if not, help your company grow and obtain a listing when it does meet the minimum requirements for such a listing. Typically, though, a client wishing to trade on one of these exchanges will need a minimum of $20 - 100 million in annual revenue and net profits of at least $2 million annually.
Cost: $3,000,000 - 100,000,000+, plus 30 - 70% retained equity ownership
____________________________________________
Registered "Spin-Offs" A Registered "Spin-Off" is a quasi-Initial Public Offering (IPO). Registered Spin-Offs are used by both companies wishing to go public and companies wishing to enhance shareholder value. In a registered spin-off, the client company issues a significant block of its common stock to a publicly traded affiliate company with a large shareholder base. This public affiliate company then dividends, or "spins-off", a portion of that stock to its own shareholders thereby creating an immediate base of shareholders for the client company. Upon registering this stock with the SEC and making all of the subsequent required filings, the client company's stock can then begin trading under its own trading symbol, typically on the OTC Bulletin Board.
Cost: $25,000+, plus 30+% retained equity ownership
Good question! I'll do some research and get back to you.
Probably an ex marine ...my cousin sounds like that.
I wish I could get that into my voice. Makes people jump and say "yessir, sir!"
LOL!
Patient, I've said this opportunity is like an open book IQ test.
In a few weeks, as you said, some people on this board may seem like friggin Einstein.
There are CEOs of penny ante pink stocks who dodge investor phone calls left and right. Some of these companies only have two employees, and yet investors still can't get return phone calls. I'm not naming names, but we all know a few of these stocks.
What impresses me is that Rufus took the time to respond to questions for several hours, in addition to responding to all our emails and personal phone calls.
HOW MANY CEOS WILL DO THAT!? Incredible.
Usually you have to wait to get a return phone call from their secretary!
Rufus also was very upfront about the previous failure, and did not get defensive or combative.
I'm a pretty good judge of voice and character at this late stage in the game, and I heard nothing in either his voice or demeaner, in any of his interviews, to set off a single alarm.
The only thing people may be having problems with is a southern style. Perhaps people who have never lived or worked in the south do not understand that there is a cultural difference which causes people from that region to understate and play down their own accomplishments. Being "slick" is not generally a southern trait.
One of the smartest guys I know is a Nasa engineer in Huntsville Alabama. He sounds alot like Rufus, so maybe that's why I was never bothered by his delivery.
It's a southern thang...
We need at least two parties...one in winter, definitely. Maybe the US virgin islands?
Getting listed on Nasdaq, from scratch, is expensive and time consuming. 7% alone to an investment banker, plus legal fees, plus delays due to new Sarbanes Oxley regulations. SO regulations hassles alone are the reason why many corporations which might have listed on Nasdaq are now going to London and Europe!
Ask yourself: is it easier to buy a going business, or start one from scratch?
If you go through the posts, (and I know there are alot, but do a search for JJ, Charlatan and Ronnie) and you will find many posts dedicated to this question..
Do a Google search for "reverse merger" and you'll find this is not a new phenomenon.
If a company is in a hurry to get to Nasdaq, to raise capital through a public offering, a RM by buying an SEC compliant "shell" is the best way to go. FHAL, though not profitable, was an upstanding company. CVSU has something big brewing, given escalation of certain events due to take place this Fall, and they wanted to be listed on the big board to take advantage of some opportunities. Connect the dots...
JJ, you've been a workhorse..and for no pay!
Most people don't realize the time and effort you have put into getting the DD on FHAL out to potential investors, or the time and energy you put into organizing that awesome interview the other night. You have no staff, and no precedent for this effort, yet you accomplished it, and still got it out for all to hear within a day.
As your reward, over 900 people have listened to those Mp3s within the first few hours of their being posted. Incredible.
If this stock shoots up on Monday, I think you can take most of the credit for that.
As I've said before, the intelligence and effort you've put here, and on Trader's Corner, may change the lives of many who have taken the time to research this stock.
Congratulations my friend. You have no reason to defend yourself. On the contrary, we thank you for effort above and beyond the call of duty...you deserve a nice weekend in the sun with a juicy umbrella drink!
Ryan, that is an excellent question for Rufus Harris, Ben Stanley or one of the other CVSU officers.
If you don't mind, I will email your question to them, and post the response here when I get it.
Desperate knuckleheads. Nothing is more pathetic than a desperate short seller....
THAT LINK IS MANDATORY VIEWING imho!
That linkwas awesome. I'm watching the end of it right now.
Kudos dude, mega kudos for that incredible link.
Anyone who considers themselves an investor should watch that extremely literate, intelligent, informative and well organized slideshow.
An hour out of your time really well spent. I'm sending out to everyone I know who invests.
Thanks!
Amazing link! Thanks Masta
He's probably the one at .94 cents, with about 200 buy orders I keep seeing on the Lvl 2s.
He must be lighting candles this weekend to Mortimer Duke, the Patron Saint of Short Sellers.
Quote:
"When mother called me greedy...it was a compliment"
Did you like Ronnie's graphic image?
Which part of Mr. Shortie will go into the Vise? Ouch!
http://www.investorshub.com/boards/read_msg.asp?message_id=12181735
Is this stock is worth $1.00?
Energy, we here were just saying what you posted! Think of it. AISS/Georgia Aerospace alone worth $60 dollars?
I keep repeating the names of the Board of Directors (2 Major Generals), the contacts with Lockheed Martin, a president of Lockheed Martin Skunkwords (super high tech), the projects listed on the CVSU website, and the contracts we know are already coming to Georgia Aerospace, Dr. Menash's patents on fiber optic guided missile systems and their VITAL importance to the F-22 & F-35 projects
And people wonder if this stock is worth $1.00?
LMAO!
That's what made me sell everything else and buy up all I could at $.22c, and more at .60 cents. People, I know you have doubts, but this is a no brainer.
We have all fallen into a tub of butter, and can't even realize it because it's such a strange sensation.
Glad you enjoyed it...I couldn't stop laughing when I scrolled through 20 pages of "doody head" posts. I think this is my favorite part...kinda poignant. you almost feel sorry for them:
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By: slickstick777
30 Jun 2006, 09:11 AM EDT
Msg. 25198 of 25228
Its all up from here we cant go any lower lol.
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By: hollywood_flipper
30 Jun 2006, 09:20 AM EDT
Msg. 25199 of 25228
slick..it can go lower... .00009(5 decimal places), seen it before!
---------------------------
Nice Vise, Ronnie. A picture worth a 1000 words
...LOL! Now can you put Mr. Shortie in there..or at least some part of him...?
If the squeeze is a result of investors shorting the stock, then they would either have to cover, or have their position closed and their margin taken to cover.
They would be vaporized. (see Ronnie's excellent post: http://www.investorshub.com/boards/read_msg.asp?message_id=12181735 )
The broker is screwed out of the difference, unless they can figure out how to recover their money from Mr. Deadbeat Short Investor.
The broker is now short to the account he borrowed the shares from originally, and the broker/banker will have to make good for their Deadbeat Short Investor in order to replace the shares in the account from which they were originally borrowed.
The broker will now have to buy shares at $15, even though they won't get anything from it. They'll do it because they wouldn't want to jeopardize their standing with the SEC.
This will be reflected as an intense need to buy by the brokerage, this time on their own behalf.
We'll see how this plays out. Should be interesting.
My favorite FORTUNE mag cover:
Just before Google went public, has a picture of the Google founders, and the headline beneath them reads
ARE THESE GUYS REALLY WORTH $160 A SHARE?
___________________________________________
The article accompanying the photo was full of reservations about the company's value.
Google quickly rose to $160 after it's IPO, and has traded above $400. It has recently been added to the S&P 500 as a bonafide blue chip company.
For a hoot, go to this article when Google first IPOed...
http://money.cnn.com/2004/08/18/technology/googleipo/
Just an FYI.
Les, thanks for the chart link. Nice to come back and see that!
I'm look forward to this week...how about you?
Masta...maybe no RB board is good, imho
Have you ever READ the crap they post over there? I can't imagine a serious investor wasting a minute in that swamp. (and please excuse me if there are some spots less swampy...just the three boards I went to gave me a headache)
Here's an example I put together to amuse my husband's wall street friends:
_____________________________________________
From: Digiwench@yahoo.com
Re: Insights from an Internet Stock board
Could someone please tell me whether they're bullish or bearish on the stock....? That's all I want to know.
I know this board oozing with insight, just not sure what about.
Also...is this English? Just checking. I don't get out much, so maybe 'it's changed...
These are from the 'Raging Bulls' stock forum website, from a group created to discuss the stock of 'Digital Descriptor Systems' (DDSI), a Homeland Security equipment provider. (The stock has fallen from a high of $26 in the late 90's to .03 in 2001, to .0001 today. These posters all seem to own shares in this company, and are waiting for it's imminent meteoric rise to make them a fortune)
It makes my brain hurt.
______________________________________________________________
http://ragingbull.lycos.com/mboard/boards.cgi?board=OTCF%3ADDSI&origsymbols=ddsi
http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25136
By: doodystockhunter
29 Jun 2006, 03:00 PM EDT
Msg. 25136 of 25226
(This msg. is a reply to 25134 by hollywood_flipper.)
Jump to msg. #
hollywood flipper=bashole hahaha go cry over money you lose in qbid...jump off roof...lol...go cry to mommy...just go hahaha
http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25191
By: doodystockhunter
29 Jun 2006, 10:55 PM EDT
Msg. 25191 of 25226
(This msg. is a reply to 25190 by askastockninja.)
Jump to msg. #
haha me like to call a doody basher a doody...they just stink hahaha meybe we bash thems mommas for making them hahaha that funny! I like that basher fight with doody...that messy!
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View Replies »
http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25207
By: davecims
30 Jun 2006, 01:52 PM EDT
Msg. 25207 of 25227
(This msg. is a reply to 25206 by slickstick777.)
Jump to msg. #
hahaha slickshite you spend 202 posts to say this stock suck..hahahaha you must be the sucker guy because you spend 202 posts to say how it suck..hahahayou need to stay off board and slick you stick more hahaha unless the run you talk about is you own runs then you needa go potty you doodyhead hahahaha
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http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25184
By: askastockninja
29 Jun 2006, 10:22 PM EDT
Msg. 25184 of 25227
Jump to msg. #
Hey stuckmaster and havenowood flapper...
The only knowledge you two have of a R/S is when one of you bends over and backs up to the other one! LOL....
Ha Ha...funny! Right hunter? lol
http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25209
By: doodystockhunter
30 Jun 2006, 02:03 PM EDT
Msg. 25209 of 25226
(This msg. is a reply to 25207 by davecims.)
Jump to msg. #
hahahaha dumdumdaveshiteguy talk like the doodyguy...you not funny like doody guy daveycim guy no funny...daveycimguy is dumcimguy hahahaha
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http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25050
By: doodystockhunter
23 Jun 2006, 01:26 PM EDT
Msg. 25050 of 25227
(This msg. is a reply to 25049 by wormseyevue.)
Jump to msg. #
ohoh me hear banjo playing! hahaha me make funny again!
http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25049
By: wormseyevue
23 Jun 2006, 12:42 PM EDT
Msg. 25049 of 25227
Jump to msg. #
OT: Another thing we Southners called a Cooter is a Terrapin or Land turtle. Live mostly in Muddy stagnant lakes. or slough's. Like to sun themselves on a log, all in a row. Good for nothing but improving my marksmanship with my ever trusty .22 Cal rifle
(Voluntary Disclosure: Position- Long)
http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25151
By: mti985
29 Jun 2006, 04:07 PM EDT
Msg. 25151 of 25227
Jump to msg. #
major alert : DDSII IS GOING TO EPLODE BEFORW JULY 4
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http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25055
By: doodystockhunter
23 Jun 2006, 03:58 PM EDT
Msg. 25055 of 25227
(This msg. is a reply to 25054 by elcheepo1.)
Jump to msg. #
oh no cheepy me no have clam beard, me have other sthingy haha they silly then they talk bout turtles..me like turtles
http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25056
By: elcheepo1
23 Jun 2006, 04:04 PM EDT
Msg. 25056 of 25227
(This msg. is a reply to 25055 by doodystockhunter.)
Jump to msg. #
LOL... doody, we need to make DDSI move faster than a turtle... lol
cheepo
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25057
By: doodystockhunter
23 Jun 2006, 04:05 PM EDT
Msg. 25057 of 25227
(This msg. is a reply to 25056 by elcheepo1.)
Jump to msg. #
haha yes need give ddsi enema to move fast hahaha that bad joke
http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25058
By: yamon3835
23 Jun 2006, 04:15 PM EDT
Msg. 25058 of 25227
Jump to msg. #
DDSI is one that seems to disprove what I see posted so much when we seee big dilution and a drop to lows like this people say scam.
IN no way do I see this has a scam. What it does have in common with many I see drop like this is dilution, buit that does not make it a scam.
Dilution is the rule in pennies and very common.
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http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25176
By: dranig11
29 Jun 2006, 08:18 PM EDT
Msg. 25176 of 25227
Jump to msg. #
No nedd for concern @ 0.0001
This is MM trickery as noted by the 400 some odd shares that were traded to bring it down to .0001 this is a 4 cents trade when you do the math 400 x's 0.0001 = 0.04
Don't worry. upswing tomorrow.
dranig11
By: doodystockhunter
29 Jun 2006, 07:23 PM EDT
Msg. 25169 of 25227
(This msg. is a reply to 25165 by theliwhiteshark.)
Jump to msg. #
hahaha sharky
you talk funny
why he say to you something? you special sharky guy?
LOLOL
By: network153
28 Jun 2006, 10:08 AM EDT
Msg. 25108 of 25227
Jump to msg. #
Why is this stock even on the exchange
There is no purpose to its existance
.0001 x .0002 all day, all week, all month, all year
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http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25109
By: doodystockhunter
28 Jun 2006, 01:24 PM EDT
Msg. 25109 of 25228
(This msg. is a reply to 25108 by network153.)
Jump to msg. #
stock on exchange becasue it is a company, it exists because it is a company. Why do you exist? hahahaha you lose money? awwwww go take a long walk off a short pier hahaha
By: theactionshowboard
23 Jun 2006, 11:30 AM EDT
Msg. 25046 of 25228
(This msg. is a reply to 25045 by jdouble_1.)
Jump to msg. #
IT IS THEACTIONSHOWBOARD
By: doodystockhunter
23 Jun 2006, 11:04 AM EDT
Msg. 25042 of 25228
(This msg. is a reply to 25031 by theactionshowboard.)
Jump to msg. #
haha you post in all big letter and you have studder posty problem too..you go wash feet doodyboard..you should have strong buy for ivory soap hahaha me funny!
By: theactionshowboard
23 Jun 2006, 10:56 AM EDT
Msg. 25033 of 25228
Jump to msg. #
HEY GUYS FUNNY COOTER IS BACK TO TOWN HEEEEEEEEEEEEEEEEEEE
(posted 10 times in a row)
http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&startfrom=24987
By: wormseyevue
23 Jun 2006, 10:50 AM EDT
Msg. 25029 of 25228
Jump to msg. #
OT: Cooter- Common Body Lice.
(Voluntary Disclosure: Position- Long)
http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25014
By: askastockninja
22 Jun 2006, 10:24 PM EDT
Msg. 25014 of 25228
(This msg. is a reply to 25011 by storinggo.)
Jump to msg. #
OT: OOoohhhhhhhhh storinggo...Shut Up!
Your more irritating than stupid people!
http://ragingbull.lycos.com/mboard/boards.cgi?board=DDSI&read=25202
By: doodystockhunter
30 Jun 2006, 10:46 AM EDT
Msg. 25202 of 25226
(This msg. is a reply to 25195 by slickstick777.)
Jump to msg. #
hahaha we may be group of idoits but you must be bigger idiot making posts here hahaha you da big fool guy hahaha go play with hollywoodless and 3.5cm weenie and your slickstickless hahaha
By: slickstick777
30 Jun 2006, 09:11 AM EDT
Msg. 25198 of 25228
Jump to msg. #
Its all up from here we cant go any lower lol.
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View Replies »
By: hollywood_flipper
30 Jun 2006, 09:20 AM EDT
Msg. 25199 of 25228
Jump to msg. #
slick..it can go lower... .00009(5 decimal places), seen it before!
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View Replies »
By: mtgman27
27 Jun 2006, 02:05 PM EDT
Msg. 25095 of 25228
Jump to msg. #
there has been no good pr's on this in a year, same old sheet, "were showing this product here, that product there"
never anything good! been holding for a year and nothing!
By: slickstick777
30 Jun 2006, 01:48 AM EDT
Msg. 25195 of 25228
Jump to msg. #
What a goup of idiots 6 months from now this stock wont exist wake up
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By: threepointfivemil
22 Jun 2006, 10:47 AM EDT
Msg. 25002 of 25228
(This msg. is a reply to 25001 by doodystockhunter.)
Jump to msg. #
bid 0001 ask 0002 can't u idiots finally realise Tony is a theif? My grandmother could manage this company better .0001 .0002 = bankrupt = no value, get it,yet?
This company is not worth a sh/it!!!
I got tired of pumping free shares for Tony,he never returned the favor...he just dumped,dumped,dumped...and no end to it...GLTA
Later...gone for sure.
By: threepointfivemil
21 Jun 2006, 04:33 PM EDT
Msg. 24993 of 25228
Jump to msg. #
what do the links to these SECURITY have to do with DDSI?
They are a nothin soon to be defuncted fledgeling POS company dumping shares?
hows that for the the TRUTH!!! Doodoo cakes...
(Voluntary Disclosure: Position- No Position; ST Rating- Strong Sell; LT Rating- Strong Sell)
By: askastockninja
21 Jun 2006, 04:31 PM EDT
Msg. 24992 of 25228
(This msg. is a reply to 24990 by doodystockhunter.)
Jump to msg. #
Your ok by me hunter..anybody that
can pimp slap 3.5 with the class of words that I like is ok in my book..
Heck..Im still new to the boards...Not to the markets though.
By: doodystockhunter
21 Jun 2006, 04:06 PM EDT
Msg. 24990 of 25228
(This msg. is a reply to 24979 by yamon3835.)
Jump to msg. #
yaha yamon...remember one day back in da past you were once on for only 8 days...I look at boards for while and never ever likes that 3.5million doody guy. just wanted to say what other peoples wanted to says is all.
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By: doodystockhunter
21 Jun 2006, 08:16 PM EDT
Msg. 25001 of 25228
(This msg. is a reply to 24999 by askastockninja.)
Jump to msg. #
He thinking ya ya...that why I smell gas...maybe 3.5million is number of braincells he missing haha that also funny
By: yamon3835
21 Jun 2006, 04:42 PM EDT
Msg. 24996 of 25228
(This msg. is a reply to 24990 by doodystockhunter.)
Jump to msg. #
Doody agreed. eom
________________________________________________________________________________________________
First FHAL is OTCBB, not pink! Get the facts straight before you post sensationalist trash like this article.
Pinks do not have to report, or give any accounting. I personally have stopped investing in pinks.
OTCBBs are regularly reporting, and SEC compliant.
If you want to personally write your experience with OTCBBs or penny stocks, that's fine. An article like that is meant to accomplish what??
All it tells me is that YOU'RE nervous about penny stocks, in which case, take it up on Penny's BB, or another generalized discussion board.
Asking is fine, respectful disagreement is fine. We have been bombarded recently by people who have no agenda other than attempting to trash the reputation of the officers, and cast doubts on the veracity of their statements, but offer no support for their claims.
However, posting an article about penny stock scams, seems to accomplish nothing dude. Those are not your words, they are meant to scare people, and they have an agenda.
I'm with you. Seriously, forward your posts to Ronnie.
He's good at deleting trash....heh
Me too, dude, me too. I can see it easily at $20-$30...but those higher numbers are definitely possible, if the subsidiaries all work out
Many of us here bought "high" at .25c and .32c. If you had been on this board a week ago, when the stock fell back to .15c, there were people on the ledge.
I had a feeling at the time that in a short time, anything under .40 cents would look like genius.
There will be pullbacks, because nothing goes up in a parabolic fashion. However, there is a very very good chance that within two weeks, this stock will stop trading, and gap up to $15.00
Is a profit of almost 15x worth two weeks of your time?
If the stock were to fall below .90c, I would worry. But we've seen a group of MMs in the level twos, worth orders in at .95c, .94c, $1.00....
So far, there has been good support at just above $1.00.
This last Friday was important, imho. If this had been filled with penny daytraders, they would have sold out before the weekend, and we would have closed into the red.
Instead, many buyers were lurking, and in the last minutes, they were buying.
Then why are you here? Go buy a mutual fund.
If you are going to read every piece of sensationalist muckracking, which lumps all stocks in the same place, you shouldn't even be playing a stock worth less than $5.00 my friend.
Do yourself a favor, leave this board then, and call a good financial advisor for some "sensible" investment advice.
CVSU, for the past several years, has been in a start-up phase. Same with Georgia Aerospace. I found the news story where they began leasing buildings, and hiring in 2002.
This year and next, from what I can gather, are when they expect things to pick up steam.
During a startup phase, for a company to have officers who are also working elsewhere, as long as there is no conflict.
I believe that in the early days of Apple, their president also worked at Fairchild (my husband knows much more about the silicon valley startups)
Until the company requires full time work, people can be on board, on a part time basis. But no one wants to miss the opportunity to get in on the ground floor of what could be an excellent opportunity.
We want you off the ledge, Rob...Soon. Real soon! :)
Lockheed Martin wins $200-billion Joint Strike Fighter
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note: This is from a few years back, but it is important history, relevant to Georgia Aerosapce and AISS.
Correct me if I'm wrong, but this was the largest defense contract ever awarded...
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Lockheed Martin wins $200 billion Joint Strike Fighter
Company: Lockheed Martin, Bethesda, MD
Task: Build the Joint Strike Fighter, a next-generation fighter jet
Award Date: October 26, 2001
Value: Estimated $200 billion over 27 years
Agency: Department of Defense
LOCKHEED MARTIN AERONAUTICS
In October 2001, Bethesda-based contractor Lockheed Martin scored the biggest coup in its 92-year life. After a four-year competition, the company beat out Boeing and won a Department of Defense contract with a potential value of $200 billion to build the DoD's next-generation fighter jet, the Joint Strike Fighter. (Some speculate that the contract could be worth as much as $400 billion, when U.S. allies' JSF orders are taken into account.) The first phase of the 27-year project - the so-called "system development and demonstration" phase - will require $25 billion over 10 years, $19 billion of which will go directly to Lockheed.
The size of just the first phase of the JSF project dwarfed all other federal contracts awarded to companies in Greater Washington by a factor of five. The sheer size of this deal and its impact on a huge locally headquartered company and influence on an industry that is focused on the region make it the clear winner in this category.
Designed to fuse stealth and supersonic capabilities for the first time, the JSF will ultimately replace the F-16 as the aircraft of choice for the U.S. military and its allies.
Designed to fuse stealth and supersonic capabilities for the first time, the JSF will ultimately replace the F-16 as the aircraft of choice for the U.S. military and its allies. Lockheed spokesman John Kent says that F-16s will continue to be produced at least until 2008, after which they will be gradually phased out. It is thus possible that the company will emerge as the military's sole manufacturer of fighter jets in the first quarter of the 21st century, after both Lockheed's F-16 and F-22 and Boeing's F/A-18 become obsolete. (Kent says it is unclear when, exactly, that will happen, but it is likely to be around 2025.)
Lockheed's corporate headquarters are here in Greater Washington, but the JSFs will be produced at Lockheed manufacturing plants in Ft. Worth, TX, and at partner companies' facilities in El Segundo, CA (Northrop Grumman), and Samlesbury, England (BAE Systems). "Really the economic impact is very widely diffused," says Kent.
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http://www.defenseindustrydaily.com/...2006/index.php
F-35 Joint Strike Fighter: SDD Contracts & Events FY 2006
Posted 10-Jul-2006 00:31
Also on this day: 10-Jul-2006 » (nine days ago!)
F-35 Variants
(click to view full)The F-35 Lightning II is a major multinational program which is intended to produce an "affordably stealthy" multi-role strike fighter that will have three variants: the F-35A conventional version for the US Air Force et. al.; the F-35B Short Take-Off, Vertical Landing for the US Marines, British Royal Navy, et. al.; and the F-35C conventional carrier-launched version for the US Navy. The aircraft is named after Lockheed's famous WW2 P-38 Lightning, and the Mach 2, stacked-engine English Electric (now BAE) Lightning jet.
F-35 Program: Events & Developments
Lightning II official rollout
(click to view full)During the FY 2006 period, the JSF program has seen three major developments. The first and most obvious was the formal rollout of the first test plane on July 7, 2006, and the bestowal of its official name.
The other developments may have passed unnoticed unless one was looking. For instance, it was revelaed that the F/A-22 Raptor and F-35 Joint Strike Fighter (JSF) also excel in reconnaissance and electronic eavesdropping. The aircrafts' combination of powerful phased array AESA radars, passive electromagnetic antennas and sensors embedded throughout their frames, powerful onboard computer processing, and secure high-bandwidth communications will give them capabilities once available only to dedicated electronic attack aircraft. DID has the full report.
Experiments also discovered that the F-35's AN/APG-81 AESA radar may also be able to function as a secure, ultra-high bandwidth communications link with other AESA-equipped aircraft (thus far, only American aircraft use AESA radars), allowing much more shared information than Link-16 or other current options could handle.
Other developments related to the overall program and to international partner participation include...
From CVSU, on F-22 RAPTOR collaboration
From the CVSU site: (http://www.waatle.com/1092912.html)
American International Smart Structure, Inc.
A CVSU Joint Venture Corporation with Georgia Aerospace
BUSINESS INFORMATION
Founded in 2005, American International Smart Structure ("American International Smart Structure" or the "Company") (a Joint Venture Corporation with Georgia Aerospace) is an innovator in the design and fabrication of advanced aerospace composites. Customers will include the military services of the United States and allied countries, as well as private-sector original equipment manufacturers across the world.
The Company's proprietary materials and manufacturing processes have both civilian and military applications:
Military aircraft and armaments
Homeland security applications
Commercial airliners and regional jets
Satellites and launch vehicles
High-performance civilian automotive and naval applications (e.g., Formula One, yachts, luxury production automobiles)
Major programs in procurement and/or development include:
F/A-22 Raptor, with Lockheed Martin
F-35 Joint-Strike Fighter, with Northrop Grumman and BAE Systems
Intelligent highway sensors, with Oak Ridge-National Laboratories
Radio Frequency (RF) tag sensors for airport security, with Coalescent Technologies
Regional and business jets, with Gulf stream Aerospace
And, CVSU shareholders will get dividends from 17 different companies under the CVSU umbrella...
As you can see from GA's website, they're preparing to go public. We can only guess what else is in store for the next 2-3 years.
This one has long term potential I am only beginning to grasp.
Georgia Aerospace Mangement Team: take a LOOK!
Georgia Aerospace has a management team and a board of directors that is chaired by a retired Air Force General and members that include a US Army General, a US Air Force General, a former president of Lockheed Martin Skunk works, as well as an inventor with seven patents on fiber optics systems, including three on the fiber optic Guided Missile technology.
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That is from the Georgia Aerospace website
http://www.georgiaaerospace.com/
Under "company", first tab on the left
WOULD THESE GUYS BE INVOLVED IN A PENNY STOCK SCAM???
The idea is ludicrous.
Would ANY of these men risk their careers and reputations on some penny stock scam? The thought is laughable.
Hi GK! Just starting out the morning with a bit of info, in case the morons show up again.
How are you this fine morning?
GA's Chrmn Gen John Klugh, friend of Wesley Clark
Maj Gen John Klugh, chair of the board of Georgia Aerospace, and Winner of a Lifetime Achievement Award, is a good friend of Gen Wesley Clark
As Rufus said..it's who you know!
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From 2004 election campaign, while Wesley Clark was running for President:http://scprimary.textamerica.com/details/?r=359947
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Clark's longtime friend
Maj. Gen. (Ret.) James R. Klugh stumps for fellow retired Gen. Wesley Clark at South Carolina State University in Orangeburg. Klugh says "Clark is a positive leader ... and he is willing to give 100 percent to the campaign." Klugh, from Greenwood, spent more than 30 years in the Army and is a longtime friend of Clark's. About 20 students showed up to listen.
F-35 Ready to Begin Production
again...look at the date, and think of CVSU's hurry to get listed ASAP, and think of that section on Georgia Aerospace's website preparing for "investor relations" and "stock quotes" even though they aren't even listed... DOUBLE DANG!
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F-35 Lightning II - Strong Global Partnership, Ready to Begin Production and Sustainment
Thursday, July 20, 2006|PR Newswire
With a new name, its first flight on the near horizon, six aircraft in various stages of subassembly and plans being laid for operation and support, the Lockheed Martin (NYSE:LMT) F-35 Lightning II, the only 5th generation fighter available on the international market, is moving quickly into production with an eye toward long-term sustainment.
Joining many of his F-35 team members in the Media Hall at the Farnborough International Air Show, F-35 Program Executive Officer Rear Adm. Steven Enewold and Deputy Program Executive Officer Brig. Gen. Charles Davis remarked on the program's progress.
"After 56 months of development, we are encouraged by the tangible progress in the flight qualification of our designs," said Enewold. "Most notable is the first flyable test aircraft, but we are also demonstrating performance on the major avionics systems in laboratories and flying test beds. There are still many challenges, but I am encouraged by the team's achievements."
According to Davis, soon-to-be Enewold's successor as leader of the program, "I've worked in flight test and acquisition for 16 plus years and have never seen a program this advanced in its development at this stage ... B-2, F-22, etc. None were this far at this point in time. Sure we've got challenges -- and we'll have challenges we've not thought of yet -- but we're seeing them much earlier and fixing them faster than any legacy program I've known," said Davis.
Dan Crowley, Lockheed Martin executive vice president and F-35 program general manager, agreed and said the aircraft possesses significant technical maturity compared to past fighter programs at this stage of their development. "We believe the F-35 is ready for low rate-production because the program systems are maturing well beyond those of legacy programs. The program's devotion to affordability, risk-reduction and its ability to exploit new advances in digital design tools and manufacturing technology are combining to promote design stability, more reliable cost forecasts and adherence to schedules," said Crowley.
Tom Burbage, Lockheed Martin executive vice president and general manager of F-35 Program Integration, added that the U.S. and F-35 partner nations are already planning for the F-35's long-range sustainment, one of the program's biggest components. "This is an affordability-based program, both in terms of aircraft price and the cost of maintaining it," Burbage said.
"We are sharply focused on sustainment as a means to an end -- and that end in this case is an F-35 that is affordable to operate and support. All of our partner countries will be deeply involved in that endeavor down to the local level," he added.
In a ceremony on July 7 at Lockheed Martin in Fort Worth, Texas, the F-35 made its public debut and received its name -- Lightning II -- which echoes two great fighter aircraft of the past: the World War II-era Lockheed P-38 Lightning and the supersonic, Mach 2, Lightning fighter developed by English Electric in the middle 1950s.
The F-35 Lightning II is a 5th Generation, supersonic stealth fighter designed to replace a wide range of existing aircraft, including AV-8B Harriers, A-10s, F-16s, F/A-18 Hornets and United Kingdom Harrier GR.7s and Sea Harriers.
The F-35 will be the most powerful single-engine fighter ever made.
Lockheed Martin is developing the F-35 with its principal industrial partners, Northrop Grumman (NYSE:NOC) and BAE Systems. Two separate, interchangeable F-35 engines are under development: the Pratt & Whitney F135 and the GE Rolls-Royce Fighter Engine Team F136.
http://www.pcb007.com/anm/templates/article.aspx?articleid=8914&zoneid=68&v=
Israelis Haggle over F-35 and F-22 Purchase
June 29, 2006: Israel plans to buy over a hundred F-35As, to replace its current fleet of 236 F-16s. The F-35s will cost about $50 million each. Israel also wants to buy 24 F-22s, but so far the United States has refused to allow this. There is also a disagreement over how much access the Israelis would have to the F-35 software. The Israelis want the source code, so they can modify the software, or at least have a better idea of exactly what it is doing with it, and to integrate with new Israeli electronics and weapons. But because of past incidents of American military technology finding its way to China, via Israel, the U.S. is wary of letting Israel in on too many secret details. Israel is trying to work out some arrangements that will deal with American concerns, and open access to the F-35 software for them. Once that is done, similar negotiations for F-22s may proceed, although the $170 million per aircraft price tag is also an obstacle. The US is about to authorize the sale of F-22s to Japan and South Korea.
http://www.strategypage.com/htmw/htproc/articles/20060629.aspx