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BDRR no takers??? Up 30% with volume (almost 5% of the float)
Poker again you are wrong. Too too funny..btw what is your take on PINR.
LOL, Poker your so funny. I won't tell you my position. Nice try though.
No it wasn't ... probably a MM. I may add here if we dip below .001.
OR... they are working on a deal to sell ServeNation and they are in a quiet period until the deal is closed, which is essential with pinkies. Who knows but it has been a very long time for an update. I like the suspense.
Another oldie but goodie, I hope Kevin will do a follow-up on this.
FORT WAYNE, IN, May 22, 2008 (MARKET WIRE via COMTEX) ----Pine Ridge Holdings, Inc. (PINKSHEETS: PINR) CEO Kevin May, announced today that projections just in from two of the seven ServeNation independent contractors indicate that the goal will be reached much sooner than anticipated. In a previous announcement, May shared that a goal of 500 orders per day through the ServeNation site should produce $45 million in revenue and a valuation of $171 million.
"Our initial goal may actually be a low estimate as fund raising for breast cancer awareness has started. Once fully engaged, the breast cancer store alone should provide in excess of 500 orders per day. The donation website http://www.thebreastcancersite.com/clickToGive/home.faces reportedly gets on average 330,000 hits per day. If only .5%, of those looking to make a donation click on the 'Support Us with everyday purchases' http://www.servenation.com/cards/3139 that will be over 1,600 potential purchases made via ServeNation. The average purchase has been $100 each. Do the math... 1,600 (hits per day) x $200 (average purchase) x 365 (days per year) = $116,800,000 in total gross revenues. This is potential from just one Non-Profit organization. Additional stores are coming online daily and that growth will only exceed current goals," stated May
May continued, "ServeNation's management is very optimistic that with PINR providing the support needed to take advantage of this unique opportunity, the future is very bright. I believe our current goal of 500 orders per day is very attainable and probably conservative. The current contractors look like they will easily surpass the 12/31/08 goal. PINR will be receiving a percentage of the all gross revenues. Our research has shown that other business models such as ServeNation are carrying valuations in excess of 3 times total gross revenues."
"I believe this should explain why we are so excited to have ServeNation be part of PINR," concluded May.
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessary estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete the acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
BDRR is up 30% and volume is 5% of the float.
LOL, right now, I'm waiting for my funds to clear from a previous trade so I can tap into those .0002.
Poker, volume is up but pps is the same or lower. Something is going to happen hopefully it's positive for a change.
True but an update after a couple of months of silence would be nice.
"Although companies truly are all about the shareholders, my goal is not to throw press releases at every turn just to affect share price. Communication is important, however and I will regularly update the shareholders with the progress of the company."
Hello VIV,
What this about Naked Shorts? I heard there's a huge position
And they want FFGO to be completely delisted so they don't have to cover.
So is the company diluting shares to pay Tortuga services?
I agree something is going on almost 5% of the company float has traded.
Oldie but a Goodie : FORT WAYNE, IN--(MARKET WIRE)--May 12, 2008 -- Pine Ridge Holdings, Inc (Other OTC:PINR.PK - News) CEO Kevin May, writes:
This week Pine Ridge Holdings began trading under its new symbol and structure. As with all things new, questions and issues come up. At the end of this first week I would like to publicly share my business philosophy, goals for PINR and some next steps.
I won't take up space discussing my bio or past business ventures as that is available to all. I will state that for the past twenty years I have been associated with a variety of start ups and new ventures -- all with the intent to either sell for a nice profit -- or to make profitable as quickly as possible with the intent to increase value. To date, those ventures have been successful and my intent with PINR is no less.
For 5 years I have put a considerable amount of my own funds into starting Pine Ridge Racquet and Fitness Club. It is a state of the art facility that I am very proud of and has grown in size each year. Today we have 35 employees and more than 1600 members. It has been exciting watching it move from idea to viable business.
As I looked at the other ventures that I was involved in and my growing network, I knew that I wanted to be more than the owner of a tennis and fitness club. As I learned more about pink sheets, I saw that it would provide a good launching pad in the publicly traded world to begin drawing in all of these other ideas. Thus, Pine Ridge Holdings was formed -- with the racquet and tennis clubs being the first acquisition.
At the risk of offending other pink sheet companies (because I know that many are legitimate growing ventures), my goal was to take a first step in the public sector and grow naturally. As I have shared, Brian Kistler, also of Fort Wayne has helped me in this process as well as helped other local companies.
Although companies truly are all about the shareholders, my goal is not to throw press releases at every turn just to affect share price. Communication is important, however and I will regularly update the shareholders with the progress of the company.
I'll end by letting everyone know that we do have our eyes on a variety of new acquisitions. I have a great team in place growing the racquet and fitness business so I can turn my efforts to my own network and review which companies or parts of companies we may want to acquire. This is why Pine Ridge Holdings was created.
These are exciting days and I hope that as shareholders you are as excited as I am. I'll keep all posted each step of the way and look forward to our mutual future success.
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessary estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete the acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
Kevin L. May
CEO
Pine Ridge Holdings
260-637-1551
LOL, Now that's funny. I thought Mckinley was pumping. You might as well ask for .03. How many shares are in the float right now?
At least we have a Yield sign on the pinksheet website.
Not too many, That's what I don't understand. It should get filled.
Bid just dropped. So much for a run. At least volume was up.
You must have partials fills.
You're asking almost 7 times current value.
Ask is down to .0002, let's see if my .0002 gets filled.
Almost a month later, we may see some movement.
I've been trying to buy at .0002 and still no fills. What gives?
OK I'll play, Molee you seem very excited. What do you know?
Stop sign is removed back to Yield any other news.
I see volume picked up. Does anyone know why? More Dilution?
Hello Kermit,
I said once Red Cross comes back. I would add to my position. I've beening waiting for my order at .0002 to fill still NADA.
I'm hoping news is delayed until next week, so I can get filled.
Fortress, I was going to add to my position, but after reading your posts I decided not buy any more shares in FFGO. I can't understand why you are giving up and trashing shareholders? Especially those who have been very supported of you and FFGO.
Whatever happen to 20 cents a share?!
As the world turn, let's see what happens.
LOL, I read my last post, boy my grammer is terrible. Let's see what happens. Nice close on Friday. We need more buys at .002/3.
Not Yet, I need to buy more shares at .0002.
Come on Puppy most bashers aren't shareholders. They are here for other reasons. By the way, Naked Shorts are for real.
You stated:
"nothing better than to blame the
Basher's (and angry shareholders) plus 'Naked shorts
for this stock at ZERO bid - No filings - No divvies"
No divies....How do you know for sure? I'll take them in any shape or form.
I don't think it was 2 month after. I far as being human, I do understand I make mistake too. I bought BDRR too high. But I did add at these low prices.
Now we need the CEO to show confidence in the company and buy shares using his own money just like I did.
Nah too big. But Steve Job does love a good fight. He turned Apple around.
Let me see if I can find it. HOUSTON, TX--(MARKET WIRE)--Apr 9, 2008 -- Bederra Corporation (Other OTC:BDRR.PK - News), a medical imaging and diagnostic Company, is pleased to announce it has closed on its current financing needs.
ADVERTISEMENT
The company was able to secure both traditional bank financing and debt financing through the issuance of a promissory note that bears interest quarterly. This financing allows the company to cover all of its current capital requirements. The funds were raised to bridge the accounts receivable from its recent acquisitions.
In order to build shareholder value, the company will not pursue any additional equity financing for expansion until it has achieved a sufficient market cap to support additional growth. This is to insure that any future additional equity issuance would be accretive to current shareholders.
Graham Williams, Bederra Corporation CEO, stated, "Our recent financing activities have satisfied our current capital needs. As new developments are announced and our financials are released, we expect the investment community to recognize that we are severely undervalued by the current market. Our accountants are finalizing our financials. As soon as they are completed we will release them to our shareholders."
By a merger from a Nasdaq Company.
Volume picked up 6.6 millon shares at .0002 and ask is .0003. Hmmmm, News next week?
I believe it's high too(Naked Shorts). Especially what has happen the past two weeks.
PINR is showing signs of life. Over 6.5 million ask is up to .0003.
It's not just the stop sign. It's also the company claims of no more dilution then about a week later 5 million shares hit the market.
My gripe is don't announce no more dilution unless you have a positive cash flow or huge amount of cash or liquid assets (other than company stock).