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Does anyone think it's a go this time?
No moderator again - not that it is needed :) No one Here :(
Is Green Tech Automotive, Inc trading - what's it's stock symbol?
Your not Ying Yangin (Yeung/Wang) us around are you? (Couldn't resist) Read something about the car company back in June and a lot of people were not too sure about it then.
Haven't heard any news about Myriad or more about their lawsuit. Funny - both Co's involved in lawsuits in MS - hope
Myriad's outcome is the same as the car company. Keep having a dream showing a shovel and a Myriad Entertainment & Resorts sign and .................
ANNOUNCEMENT MYRIAD HAS SECURED FINANCING :)
If anyone hears any news about Myriad post it here, PLEASE.
Did you try saving it to your documents and then using investors hub converter to copy and paste it into a reply. You get the link for their converter on page with FAQ's on how to copy and paste documents and text in a reply. Just a thought:)
Thanks for all the info :)
Case # 2:209cv00090 filed 5/27/09 in MS - Northern District
County (Tunica) Nature of suit: Tort, property, other fraud.
If you type in Myriad Entertainment vs. Carl Green it takes you directly to Pacer link. Unfortunately, I have a problem with copy and paste with link. Check on it and let us know what you find. Thanks.
Myriad suing a "Carl Green" filed end of May in Northern MS
court. Does anyone have Pacer? Does anyone know details of the lawsuit besides fraud?
Myra came out with statement end of May - go to web site
myriadentertainmentandresorts.com You will see it
there.
Just a little Tunica and MS Gaming News 30 percent tax rebate for casino developers signed into law.
Here's the link:
http://www.clarionledger.com/article/20090318/NEWS010504/903180336/1005/biz
Just checking - anyone heard if MYRA made March payment of 50,000 since I did not see it mentioned on any SEC filing?
Still holding as well. But at this point it is sooo boring I sometimes forget I own it :)
So what. This is a habit that has
become tiring. Yawn!
What is McDonald Outdoor? Do you know
the importance of this company getting a lease
renewed - does it mean anything?
Someone bought 2200 shares before close at .15
I call it painting the tape:) Everyone else paid
.07-.08 all day. Today, now at .10.
No new news that I know of.
I see what your saying, but Atlantic City has been in trouble
too, for a while. First they enacted the smoking ban, then
PA and CT opened casinos and they lost revenue to that. Then after losing people to smoking ban, they temporarily lifted it - but still people are not coming. I think the only casino in AC that is doing well is the Borgata - an upscale mega resort style casino. Not saying MYRA won't have problems getting financing - that we will have to see. But Trump is well, Trump - and he is doing an exclusive on Fox News, as I type this.
Thanks for the info anyways - Happy Holidays to all.
I don't know what TRMP has to do with MYRA - Donald Trump has been going down hill for years - here is the story (had to copy & paste - link does not work). His stock is now around .25 a share. Also, take note of the comments listed after story.
The Atlantic City, N.J., casino operator, with about $1.25 billion worth of the notes outstanding, said late Friday that it has a 30-day grace period to pay up and will meanwhile seek talks with its lenders to revamp its capital structure and improve its liquidity. A panel of independent directors will oversee the talks, the company said. If it doesn't make the payment in the 30-day grace period, Trump Entertainment said, holders of a quarter of the notes and lenders under a $490 million senior secured loan to a company subsidiary will be able to accelerate the maturities of those obligations.
Donald Trump, the television personality and New York real estate investor, is non-executive chairman and the largest shareholder of Trump Entertainment, which operates three Atlantic City casinos: The Trump Taj Mahal and the Trump Plaza on the Boardwalk and the Trump Marina in the Marina district. The last is being sold to Coastal Development for $270 million in a deal that has seen the price lowered and the closing deadline delayed. Trump Entertainment "is separate and distinct from Mr. Trump's privately held real estate and other holdings, which the company understands encompasses substantially all of his net worth," the company said.
After his casinos twice ran into bankruptcy, Trump was removed from having any operating role in them as part of the deal that brought the company out of Chapter 11 the last time around. And it could happen again: Earlier this month, Fitch Ratings warned that after the company drew a remaining $25 million available on its credit facility this quarter to help fund an expansion, "it will have little to no access to committed external funds." The ratings agency also said that "given Trump's heavy debt load and the expected operating pressure in Atlantic City over the next 12 months, it is crucial for Trump to close the Trump Marina sale in order to avoid a restructuring, in the absence of another transaction."
On Nov. 7, Trump Entertainment reported that it swung to a third-quarter loss of $139.1 million, or $4.39 a share, from a profit of $6.6 million, or 21 cents, in the year-earlier period. Continuing operations produced a loss of $3.49 a share against profit of 7 cents. Revenue fell 8.4% to $198.3 million.
The company cited slower consumer spending, competition from Pennsylvania, and a smoking ban as the primary factors in the latest results. The number of customers was relatively stable, but spending per person declined, the company said.
The company said then that it was controlling its costs and that its 21 top-paid executives had agreed to a 5% salary cut.
Shares of Trump closed at 31 cents Friday, giving the company a market capitalization of approximately $10 million. The stock price scraped as low as 25 cents earlier this month after trading near $6 this time last year.
Trump faces Deutsche Bank suit. Separately, Crain's Chicago Business reported that Deutsche Bank AG, the lead lender on the City's Trump International Hotel & Tower, is suing Donald Trump, trying to collect a $40-million personal guarantee he made to help get financing for the 92-story high-rise.
The bank filed the suit Friday in state court in New York, charging that Trump defaulted on the loan earlier this month by not paying off $334.2 million due to Deutsche Bank and its syndicate. The move follows a suit Trump filed that accused Deutsche Bank and its syndicate of wrongly refusing to extend a Nov. 7 maturity date of a $640-million loan. The magazine cited Trump's legal action as saying the lenders are harming condo-hotel unit sales and that a "force maneure" clause in the loan agreement applies, since the world financial crisis is an extraordinary event that permits a loan extension.
Comments after article:
The Donald is living proof that if you are going to be a thief, be a big thief. This guy has gone bankrupt and screwed up more than almost anyone I can think of, yet the stupid bankers keep on lending him loads of money. I hope they all lose their a*...
Trump ... pppffffftttt ... He's a fool, always has been and always will be ... Folks just liked his fancy name and hair ...
He's a MOBSTER is what he is..... Casinos, Models, Real Estate, Fake hair, PULL-LEASE!! The problem w/ America is that we have ZERO Heroes today. Every "icon" is a theif, a hypocrite, tax evader, pedophile, a sex addict or a shyster. Most of them are all of the above....and some are more than that.
I can't name one "hero" today that operates w/ integrity. Not one business man in this country is anyone to idolize - everyone of them has skeltons in their closets!!
I have said it before and I will say it again....Trump has no business sense whatsoever. Just very lucky his dad was in real estate.
The "TRUMP" lifestyle is the example, of the excesses America has come to embody....pitiful to say the least.....Our Govt is TRUPM, on the national/world level....living on paper debt and happy to find all the world buyers, willing to support this deck of cards and to fund it too!!!! SAD and SICK at the same time!!!!!
Trump you are Fired... i think this was because he was focusing too much on celebrity apprentice than his actual business...His pent house should be on sale to pay off his interest payments..
And he should be forced to drive a PT cruiser (A purple one), and wear an I'm with stupid shirt that has an arrow pointing up!
Trump - you're fired.
Rosie just got canned (didn't know she even had a new show) so maybe she and " The Donald " can kiss and make up..........Barf. They actually deserve each other.
He should kick that rare norwegian forester cat off from his head and rent out his brow for billboard space.
Here's the next hand looking for a bail out...
Watch it and weep - Mr. Trump will come to Washington looking for some capital on Capitol Hill.
Makes me think of one word and only one word....FIRED!!!
Trump, quite a scam...and so many fall for it...PT Barnum
Destiny my boy destiny!
How can anybody go bankrupt with a licensed gaming company? Beats me. People carry in the cash with their bare hands and hand it over to you. You must be quite a genius to screw up THAT business model.
And so begins another Bankruptcy Shuffle. Missing a payment. No big deal. We have a grace period. Just shoring up liquidity boys. No worries here. Then they have to pay out to senior notes. More liquidity issues. Layoffs. Service interruption. Third parties demanding payment, in cash, up front before delivery of goods and services.
Kiss it goodbye Mr. Trump. You should try a mullet next time. You're fired!
TWO THUMBS UP if you think Donald Trump should be "FIRED"
Someone actually loaned Trump money? Now that's funny!!!
And this is the man who has just bought up a beautiful and irreplaceable area of Scottishh coastline - which was supposedly protected until the Scottish government gave into his bully-boy tactics. He intends to destroy it with a Disney-style golf development and hundreds of houses. Heaven help us.
Am I reading the present SEC filing wrong - MYRA
no longer has a written contract, only an oral
one - what is that all about? And they give a
new closing date for June 2009. I don't like that
oral agreement thing - doesn't sound right to
me.
Agreed - who is he anyway? If we had a moderator - he'd be booted - I don't even know what he is talking about???
Call me crazy but I think this thing is still going to go.
I have been watching and I agree. Would love a pre
Xmas surprise. I know the stock will work out - hope
my Thanksgiving goose comes out as well. Up late - rendering the fat from the damn thing. Kinda sounds like the present economic situation :) I want a crisp Goose!
HAPPY TURKEY DAY TO ALL... We're having goose.
The only thing new is another SEC Filing in November - says much the same thing as it always has. I have looked and have not seen any new articles, etc... We will all have to wait
and see what MYRA will do, come around December 2nd - will they
make the payment? or will there be another extension. Yes, people are still buying. I have not sold my shares. I am positive - there is nothing else I can be.
Happy Thanksgiving to all MYRA shareholders and their families:)
Not really. I don't think you can compare penny stocks
to the "other market". Will have to see what happens
beginning of December though. Hoping for an early
Xmas present:) We'll see.
One day to go.
We should hear something on the 15th. Everyone is holding -
including me - in till the end - not much volume. Still hoping just as you. This new market really sucks. Maybe the bailout will help us and Myriad will get their financing... same old story:) Now I only look at it every couple of weeks. Take Care.
Does anyone think after today - do we have a chance?
Guess the bail out isn't having much affect in the
near term future.
No, guess they changed the game plan?
Report out yesterday.
Hope everyone in Biloxi will be okay. Friday is
anniversary of Katrina. Tunica picked up a lot
after Katrina, since they were not in the Hurricane's
path.
This only news I've seen from Memphis Business
Journal August 18th.
O/T: Hey Neighbor! Lived in Colorado Springs in the 1990's.
Couldn't believe no buys all day on Friday
except the final ones late in day - ?
Mine placed day before.
.16 and .18 put in when bid was .15
Has happened to me a lot lately. What does that mean - no
one getting in below .20 now? Saw a lot of buys day before
10,000 plus at .16 and .17 Wanted the same.
I had an order to buy all day - didn't happen.
What gives?
"A stockholder deficit doesn't mean a poor
investment, it is to be taken into
consideration with other factors to
gauge potential future value. If a company
has a negative book value, it could still
be a good investment, if the overall business
model is strong. Also, a company may take on
a debt to go after a new market. Stock in
such a company might be a good growth
purchase"
Looked stock deficit up on Wiki Answers
and the above is what I found:)
Congrats. But this is not new news it comes from
their SEC filing that I assumed we all read. Payment 15th of
every month until closing of land deal in Dec. unless they
do it earlier, no earlier than October 10?
What is the real reason the cops are going back and forth into the Myriad parking lot? Is there a Krispy Kreme hidden back there?
Seriously, maybe they are protecting area from
vandals because they they were told construction
is to begin there soon. Just a thought.
TY. Knew it sounded like "old news" 2Late2Slow
should feel better about that. TY for Memphis
article, glad didn't pay for it.
Well, it was the most upbeat one I read so far.
Too bad they spelled success breads sucess wrong.
Is that a hint, Myriad needs some dough. LOL.
Hey, maybe they wanted people to see a construction
sign for hint of things to come? Come on, be
a little upbeat. Have a good weekend. Your
post really made me laugh.
Is this article new - what's the date on it.
Notice they mentioned the enclosed golf
course. I thought they scrapped that
idea?
I did. What did I see. A chart. LOL. Frankly,
I don't know how to read those things very
well but what I gathered activity almost
idential to now before it went up to .98
Am I right? If not, please explain as I
am not a chart reader - sorry. But I
did print out the chart when we had our
high - thought it looked pretty:)
putting in my scrap book.
I agree and think they will.