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Lots of people would. Think about 500 shares at .25 a share is $125 dollars.
I have bought as little as 500 shares if I happened to have cash sitting in the account.
We all don't invest thousands at a clip -- but if you want to go on a buying spree based on my little trades (or someone elses go ahead) but I highly doubt in the day and age of email, sms and every other communication out in the world available I would highly doubt that they are using trades to indicate their needs LOL. I think my friend you have bought into a tip that is worth the same as the stocks you are trading -- a penny.
There are no such things -- if I place an order for 500 shares with etrade it shows up as a 500 trade your crazy
FBRC = FRIEDMAN, BILLINGS, RAMSEY & CO., INC Roslyn VA.
So if I am reading this correctly -- JP Morgan paid 1.9 billion for Washington Mutual (which we all know and is a fact). Now in the settlement they get 2.1 billion in cash and 4 billion in securities. So basically in the end they are being paid 4.1 billion for committing the largest bank robbery in history... ALL Just My Opinion....Hopefully the bond holders have a calculator and can see this is not a good deal.
http://blogs.wsj.com/bankruptcy/2010/03/16/deal-or-no-deal-wamu-edition/
When they say reorganization -- are they talking about the holding company moving forward and coming out of the bankruptcy or just how they are going to pay their creditors?
CHDN is just playing games
Loading the Boat for Weekend not going without as more details may come out
Wow this rollercoaster has alot of loops.
Kevin
I will buy at .25 Not selling till the sweet end.
This while an event is not where our investment lies we are more interested in the case in Delaware in which the 4 Billion dollar deposit which Washington Mutual Inc. had on deposit with Washington Mutual Bank which JPM or the FDIC has yet to return to them. This is what we are most interested in, once that is settled then we expect to see a settlement between the FDIC and JPM for undermining Washington Mutual s Operations in order to secure WAMU s assests at a firesale price for JPM
all my opinion based on DD.
Kevin
Mike,
Mike old news on shareholders meeting (check the date March 5th)-- This drop was driven by people who could not pass up the new highs and are not interested in the long term outcome of this stock.
Kevin
We have been waiting for over a year getting close to 2 years -- Whats big deal about waiting a bit to cash the check? I am happy with whatever we get and if I need to wait a little to withdraw or sell no biggie -- as a matter of fact -- Stock swap would be great because I can hold until all my positions become long. Big savings on tax
Kevin
A stock owner is a stock owner -- who cares pre or post -- If you bought a stock and it went to .01 and then you bought more because you believed the company was undervalued, do you deserve the profits you made on the stock you bought when the company was in trouble -- of Course you do. That is what we are in the game for.
We all believe this company was wronged and because of that wrong this company had there assets seized. We believe they will get compensated and deserve to be compensated for that. Basically the settlement would just be the company being sold for what it is really worth and the shareholders will share in that worth.
See you in Vegas --
Kevin
On a flight to Vegas luckily there is WiFi on board otherwise would be going crazy wondering what was happening. Maybe I will stay in Vegas for the party.
Sorry all out of .30 How about a .31?
29's coming up
I am out. Willing to sell my shares for $30 a share.
They started this company about 9 months ago -- So I think they should have a soild plan and can't wait to see what it is -- hopefully it is revealed to us in 30 days, but until then I am loading up -- so if you guys want to sell to me at .0001 and .0002 I am buying. I still think we are way undervalued here and we should be trading on par with MFGD which would put us at .008 per share.
Kevin
OK ready for a strong end of week with this. I think we got rid of the day flippers that bought at .0001 and sold at .0002 so we should see this move up into .0003 today IMO
Kevin
If we can close at .0002 we will see a lot more action tomorrow IMO.
Anyone see ETMM in their level 2 -- I use ETRADE and I don't see them in the level 2 anywhere BID or ASK.
Any ideas?
I am out of posts for the day.
Kevin
.0002 ask back
Buy now sure to bounce again after lunch
wow someone just dumped 100 mil shares -- I guess people who have been sitting on this a while are just happy to get out - I waited a year on this one -- with more news and exposure this company will thrive
MFGD Market Cap of 44 million.
We should be at in same territory. Once this gets rolling and they are up and running we should be trading at .008 giving the current OS. All just my opinion
ASKS are switching to .0003 People are starting to see where this can go
TFZI News out setting up for run IMO
Kevin
I already added 4 mil to my position --
Get your tickets this train is leaving the station --- ALL ABOARD
The Fight Zone, Inc.
(aka Gold Recycle Corporation)
16801 Addison Road, Suite 310
Addison, TX 75001
972.248.2244
December 8, 2009
The current capital structure of The Fight Zone, Inc. as of December 8, 2009
is as follows:
Authorized Shares: 10,000,000,000
Issued & Outstanding Shares: 5,156,960,697
Steven E. Humphries
Co-CEO
The Fight Zone, Inc. dba Gold Recycle Corporation, Inc.
Profit & Loss
July through September 2009
Jul - Sep 09
Ordinary Income/Expense
Income
Sales
Gold Sale 9,244.04
Total Sales 9,244.04
Total Income 9,244.04
Cost of Goods Sold
Gold Purchases - Resale Items 7,560.00
Total COGS 7,560.00
Gross Profit 1,684.04
Expense
Advertising and Promotion
Press Releases 180.00
Total Advertising and Promotion 180.00
Bank Service Charges 123.03
Professional Fees
Accrued Management Fees 75,000.00
Consutants 6,000.00
Contractor Expense 900.00
Management Fees 10,000.00
Total Professional Fees 91,900.00
Stock Transfer Fees 2,100.00
Travel Expense 2,650.00
Total Expense 96,953.03
Net Ordinary Income -95,268.99
Other Income/Expense
Other Income
Interest Income 0.03
Total Other Income 0.03
Net Other Income 0.03
Net Income -95,268.96
Page 1 of 1
The Fight Zone, Inc. dba Gold Recycle Corporation, Inc.
Balance Sheet
As of September 30, 2009
Sep 30, 09
ASSETS
Current Assets
Checking/Savings
Checking 2,343.54
Savings 3.21
Total Checking/Savings 2,346.75
Total Current Assets 2,346.75
Fixed Assets
Furniture and Equipment 3,227.99
Total Fixed Assets 3,227.99
Other Assets
Asset Purchase of GRC 647,331.01
Asset Purchase of TFZI 25,346.00
Total Other Assets 672,677.01
TOTAL ASSETS 678,251.75
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
Note Payables -Current
Convertible Note 20,000.00
Total Note Payables 20,000.00
Officer Loan 6,840.00
Total Other Current Liabilities 26,840.00
Total Current Liabilities 26,840.00
Long Term Liabilities
Note Payables - Long Term
Note Payable 70,000.00
Note Payable 150,000.00
Note Payable 35,000.00
Note Payable 70,000.00
Total Note Payables - Long Term 325,000.00
Total Long Term Liabilities 325,000.00
Total Liabilities 351,840.00
Equity
Capital Stock
Common Stock 346.00
Preferred Stock 25,000.00
Total Capital Stock 25,346.00
Opening Balance Equity 500,000.00
Retained Earnings -153,665.29
Stock Purchase 50,000.00
Net Income -95,268.96
Total Equity 326,411.75
TOTAL LIABILITIES & EQUITY 678,251.75
Page 1 of 1
weather,
can you update the stickies on the board so we get the new news up there. We may have some visitors coming, so time to update
Anyone know what the current outstanding shares are?
Wow maybe something will come of this after all. Holding and holding on tight. I am going to increase my position.
Kevin
I have more than a couple of million more like 13 million but I figure I either write it off which I don't need to or sit on it and if something happens it happens, why give it to the brokers.
I am going to let it ride for another year - who knows maybe once all is said and done they will still be greedy and sell the shell again to another company and we will get a second shot.
WSJ Article just saw it not sure if anyone put up link yet.
WaMu Is Gone, but the Parent Is Fighting On
http://online.wsj.com/article/SB10001424052748703300504574568343362391968.html?mod=rss_Deals_and_Deal_Makers
wall of .0004 building again.
.005's up