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Upon further evaluation, I've decided to postpone my field trip to Ticker indefinitely. I'll let you know if anything changes. At this point, I see no reason.
Tickercom Product Demonstration
Youtube Video of their latest Color and Graphic Sign:
&feature=em-share_video_userr" rel="nofollow" target="_blank">http://www.youtube.com/watch?v=
TickerCom Streaming LED "smart signs" can be manufactured for a variety of venues, the so called Man Cave sign being one venue.
Advertising?. These brilliant new TickerCom LCD "smart signs" are incredible to look at and are going to be a big hit with the new wave of digital advertising coming to "smart phones" and POS terminals at a C store near you. Especially with print advertising going the way of NewsWeek you can bet advertisers are scrambling for new ways to deliver their messages. Wait until the advertisers discover TickerCom.
TickerCom displays RSS feeds in my home!?
You mean I can have my own ticker display sign in my living room or basement bar for example streaming sports scores, bets, next play bets, stock feeds, races, weather or whatever I like? Wow!
No one else delivers streaming feeds on custom displays like TickerCom. Sounds like things have been coming together for them lately. Looking forward to making a field report on the company soon.
Alliecorp, as you know,
I have been on hiatus and not posted for about a year now.
However after recently talking with the CEO, I have decided to travel to Victoria and update my DD on the company. Would you be available to join me there for the meeting? We could ask the board for any shareholder questions to bring along and get back to the board with answers.
Having talked with the CEO, it appears they have been focusing on developing their core strengths this past year and IMO, they have now developed a new strategy to kick start revenues. I hope to travel to the home office within the next 10 days for my field DD and to learn more about their new strategy.
That's right alliecorp.
The changes made to the requirements for listing on the FF left many CEO's and shareholders in between the proverbial
"rock and a hard spot".
Ticker appears to be back on track.
GLTA.
I have been holding off posting until I was sure there would be enough new information to discuss which it appears there will soon be plenty of topics to discuss here. Stay tuned.
The company was taken by complete surprise with what happened on the FF xchg and it was not caused by the company.
Perhaps Alliecorp can share some information regarding what contributed to the problem on the FF xchg.
IMO, the company will be addressing the shareholders fairly soon with news of developments and a SH meeting date. Stay tuned!
When miscreants in foreign markets "hack" into a new listing, it takes a long time to clean up the damage they cause. IMO, the company is doing everything in it's power to straighten out the aftermath. We should be hearing about what the company has done to move forward before too long.
Yes. Ticker is in business.
I have spoke to the CEO and IMO, we will soon be hearing about the accomplishments being made over the summer and this coming fall.
Ticker is no fraud. The company had to overcome some adversities brought on by a few miscreants in other markets, but the company has managed to overcome those adversities and IMO, is alive and well.
I spoke with the CEO by phone recently and found that Ticker has been quietly developing new products and accounts. I have no details at this time, but IMO, the company will be making some exciting announcements in the not too distant future.
According to the DTCC, 141 has been suspended for over a year.
http://www.dtcc.com/downloads/legal/imp_notices/2011/nscc/a7147.pdf
Date:
January 21, 2011
To:
All Participants
Attention:
Managing Partner/Officer, P&S Manager, Cashier Manager, Data Processing Manager, Fund/SERV Participants
From:
Cashiering
Subject:
CUSIP’s to be exited from CNS and future trades designated trade for trade
Please be advised that effective close of business January 21, 2010, NSCC has exited positions from the Continuous Net Settlement System (CNS) in the following CUSIP’s and future trades will be designated trade for trade.
CUSIP SECURITY NAME
422463109 Heathrow Natural Food and Beverage
749318101 RCC Holdings Inc.
670762202 Perihelion Global Inc. (now known as NY Met Holdings)
682347208 141 Capital Inc.
886352202 TidalWave Holdings Inc.
554187104 Macada Inc.
076012202 Bederra Corp.
37950D103 Z Com Networks Inc. (Global Gateway Media & Communication)
749283206 RBID.com Inc.
78249M603 Russell Industries, Inc.
054617105 Axis Technologies Group, Inc.
89324A109 Trans Global Group Inc.
62847Q109 My Social Income, Inc.
The following are links to the SEC Release’s:
http://www.sec.gov/litigation/litreleases/2011/lr21798.htm
http://www.sec.gov/litigation/litreleases/2010/lr21779.htm
Anyone know what happened to the $100k non-refundable escrow deposit that was part of the Purchase and Sales Agreement?
Was the closing extended or is that why the stock has been diluted? If memory serves, there was a $100k expense that was unaccounted for in the last statement.
Well, at least the Kings can make some bank on the real estate commission if they sell the property to someone else. What a great way though, to get some free advertising; use the husbands work website? I hope it doesn't imply any conflict of interest for the Kings in terms of laws that govern the advertisement of shares in a public company. There may be SEC disclosure laws with regard to real estate agents advertising for investors on a public company blog. Not sure.
Or is that just the sign of a good CEO multitasking?
GTTA and Happy and safe Holidays.
The Investors that were going to fund MOP had problems?
That's not what we "drew" from "speculation" that was was posted on the board when WK kaboshed the funding deal Charles had set up.
IMO, perhaps if WK, as the new CEO, has learned a thing or two about the connections Charles had cultivated and were to go back and ask Charles' investors nicely, he may be able to put the deal back on the table? I don't know but as I understand, finding money for broke start ups is impossible unless the CEO wants to dilute the stock. Or accept offshore funding?
Hi all, new to the board.
I had the opportunity to meet and listen to the good Dr. speak at a medical marijuana seminar over the weekend where he was the keynote speaker.
The seminar was held at the University of Victoria in Victoria BC and was arranged by Don Schultz from Greenline Academy. There appeared to be over 150 people in the auditorium each day. It was a very informative seminar that covered a wide range of topics including legal and cultivating with different speakers each day.
Dr. Melamede's presentation was excellent and he was well received. No one left early and he was always surrounded by interested attendees during breaks. I met a person at the seminar that is in the MMJ commercial industry that flew in just to hear Dr. Melamede speak and to try to meet with him.
While some here have expected a quick flip and may not be happy with the speed of things, I clearly see an enormous opportunity for CBIS.
As part of my DD, I plan on making a field trip to CBIS headquarters and talking to Dr. Bob. I'll make a field report and let the board know what I find out if and when I do further DD here.
GLTA
Up 275% today! Looking good.
IMO, the new CEO letting speculation take over is where MOP got off course.
Sometimes a company is never the same after the entrepreneur is gone.
I wish MOP well.
DD on the MOP NOBO list will no doubt draw the conclusion.
Are you saying it's speculation then?
Go Mop.
Where are you finding this information? I can't seem to find it anywhere publicly. TIA
I'm merely suggesting there may be other options for financing rather than giving up equity in the company. Perhaps an interest loan would be a more suitable finance vehicle in order to preserve shareholder value?
Why shoot the messenger?
If you don't like the news, ask WDK about it. He did it to the shareholders not I.
GLTA
sammyTheBull, Today's amended 506 filing by WDK clearly satisfies the question whether or not MOP has to file with the SEC. They do, as today's filing has again confirmed.
Mop is a public company and has to comply with SEC rules. They may sell shares either publicly, privately or both, to accredited parties such as stock promoters for example.
Rules governing the sales of securities may vary based on the type of purchaser. Accredited purchasers for example may buy restricted hence unregistered shares but they must file a form D when the shares are sold same as for the company.
So, because MOP is a public company, they must comply with the SEC and file forms even for unregistered shares.
I hope this eliminates the confusion. How the stock is sold whether publicly or privately, dictates how the transaction is recorded and filed. MOP is a publicly held company and therefore must be registered and in compliance.
For your convenience I have attached Rule 506 of reg D.
http://www.sec.gov/answers/rule506.htm
Rule 506 of Regulation D is considered a "safe harbor" for the private offering exemption of Section 4(2) of the Securities Act. Companies using the Rule 506 exemption can raise an unlimited amount of money. A company can be assured it is within the Section 4(2) exemption by satisfying the following standards:
The company cannot use general solicitation or advertising to market the securities;
The company may sell its securities to an unlimited number of "accredited investors" and up to 35 other purchases. Unlike Rule 505, all non-accredited investors, either alone or with a purchaser representative, must be sophisticated—that is, they must have sufficient knowledge and experience in financial and business matters to make them capable of evaluating the merits and risks of the prospective investment;
Companies must decide what information to give to accredited investors, so long as it does not violate the antifraud prohibitions of the federal securities laws. But companies must give non-accredited investors disclosure documents that are generally the same as those used in registered offerings. If a company provides information to accredited investors, it must make this information available to non-accredited investors as well;
The company must be available to answer questions by prospective purchasers;
Financial statement requirements are the same as for Rule 505; and
Purchasers receive "restricted" securities, meaning that the securities cannot be sold for at least a year without registering them.
While companies using the Rule 506 exemption do not have to register their securities and usually do not have to file reports with the SEC, they must file what is known as a "Form D" after they first sell their securities. Form D is a brief notice that includes the names and addresses of the company’s owners and stock promoters, but contains little other information about the company.
In February 2008, the SEC adopted amendments to Form D, requiring that electronic filing of Form D be phased in during the period September 15, 2008 to March 16, 2009. Although as amended, the electronic Form D requires much of the same information as the paper Form D, the amended Form D requires disclosure of the date of first sale in the offering. Previously, the closing date of an offering was used as the first date of sale. The Office of Small Business Policy has posted information on its web page about the filing requirement for the new Form D.
If you are thinking about investing in a Reg D company, you should access the EDGAR database to determine whether the company has filed Form D. If you need a copy of a Form D filed as a paper filing (which will include any Form D filed before September 15, 2008), you can request a copy using our online form. If the company has not filed a Form D, this should alert you that the company might not be in compliance with the federal securities laws
You should always check with your state securities regulator to see if it has more information about the company and the people behind it. Be sure to ask whether your state regulator has cleared the offering for sale in your state. You can get the address and telephone number for your state securities regulator by calling the North American Securities Administrators Association at (202) 737-0900 or by visiting its website. You’ll also find this information in the state government section of your local phone book.
For more information about the SEC’s registration requirements and common exemptions, read our brochure, Q&A: Small Business & the SEC.
http://www.sec.gov/answers/rule506.htm
This doesn't look good for shareholders.
How much ownership is WDK going to give away?
With a current pps of around two cents, I suspect WDK will have to give up an equivalent of around 300m million shares worth of equity or more to get $1.5m cash and that is if they can find anyone to take the offer even at .005 cents. It would probably have to be a lot more shares because who will give the company even a half cent per share with it's current rate of revenue.
hmmmm...now with all those new titles, I wonder how much of the loan will go towards WDK's new salary?
Seems to me Charles was adamant against giving up any additional equity in the company.
Where do you suppose BD/MM's get those billions of Pink Sheet shares they dump on the market? and where do you think the money comes from that the CEO gets for the shares he sold to the financing MM's?. Usually at steep discounts.
As I recall, BD/MM's are not in the market of buying shares. MM's dump shares they took in exchange for cash. And it is more the exception rather then the rule for those shares to be restricted for a year.
This is where the shady Pink Sheet CEO says to the shareholders with a shrug, "gee...I don't know who sold all those shares into the market yesterday" That's because he sold to the MM 30 days ago and now the MM is cashing out by dumping those shares.
This is as simple as I can explain it, hope it helps.
GLTY
Well, to each his own.
Perhaps it's possible the MM's/broker dealers you know that finance start ups work differently than the ones I know.
GLTY
Thanks for trying to help sammy,
while it may be convenient, tossing out a Cincinnati college legal desk reference tells me one does not have a complete grasp of the material being discussed.
GLTY
Whether or not shares are restricted or not is determined by the CEO of the company that owns the shares. I believe there used to be a rule that required all 504 shares for example to be restricted for a year but that rule is no longer in effect as of a couple of years ago.
Currently, the CEO works his own deal with the MM's for how much cash they will give him for company shares. CEO's desperate for money without good fins get less for their shares then a CEO with good numbers. Just like people with bad credit getting hit with unfriendly terms as opposed to people with good fico's getting friendly terms.
It is my understanding that Charles was a CEO that was unwilling to give up unrestricted shares because of their dilutive effect on existing shareholders.
Unfortunately, CEO's that want one year restrictions don't get loans from MM's because MM's wont risk holding the bag for a year while the stock gets shorted and dropped.
And that is why in a nutshell good companies look for alternative forms of financing.
Having said all that, Mop has a good of a chance as any pink sheet company in becoming successful.
They have the use of Charles's patents and they have the opportunity to acquire an excellent piece of property with which to grow and expand their operation.
They also have several shareholders that support the company with their marketing efforts.
I hope the company does well. As someone recently said here, there is nothing wrong with pushing the CEO for the honest facts. This done so shareholders can make an informed decision whether or not to invest in the company.
GLTA
Help me out here,
why would MOP pay the money to buy the Cengroup symbol if it did not have a publicly tradable cusip# ?
The reason many CEO's go to a company like Pink Sheets is sell unrestricted shares through a shell to the B/D's who in turn sell those shares to small investors like many of us on this board.
If what you are saying is true, printing a wheel barrow full of certs at home then selling them on Pink Sheets is the same as selling pink sheets on ebay?
Good luck with that.
Thanks again for the opportunity to clarify this information.
The Silver Star failed deal came after MOP had already become public in 2006 when they purchased the Cengroup Petroleum corporation shell in September of that year.
http://www.otcmarkets.com/financialReportViewer?symbol=MOPN&id=8882
Correct Scarbender.
While it is true MOP pays for exclusive rights to "use" the patents until 2030, Mop, nor the new CEO actually "own" them.
Same goes for the property in the Groveton project. A purchase agreement on a property is not a deed to the property. One can't take a purchase agreement with a so called "open escrow" to a bank and use it as collateral for a loan. At least not any conventional banks that I know of.
Again I wish the company well. These are just the facts surrounding the discussion on the board the other day regarding MOP after Charles Diamond as I see them, please feel free to correct me if I have these facts wrong.
Thanks and GLTY.
It's not uncommon for beginners to make the same mistake by confusing SEC regulations for public companies with FINRA,(formally NASD) requirements for registered securities representative and broker dealers.
Since it has been established by filings that MOP is a public company, we know that it has to comply with SEC rules in addition to the requirements of Pink Sheets for tier placement in their venue.
Since MOPN shares trade on Pink Sheets the company has to abide by those requirements but that is a matter altogether different from the SEC rules.
Additionally, FINRA has no legal authority over issuers whereas the SEC does.
Hope this helps.
GLTY
According to filings, MOP bought a public shell in Sept 2006 for the purpose of selling shares publicly.
A year or two later as I recall, something happened with a buyout offer and there are no reports for while.
IMO, the stock may be only currently temporarily unsolicited until information provided on the 15c211 initiated by Charlie several months ago, can be verified for accuracy and completeness, on PR's for example.
Asking for transparency is by no means bashing.
FINRA formally known as NASD regulates securities sales representatives and broker dealers such as the privately owned company Pink Sheets and has no legal authority over issuers such as MOP. On the other hand, issuers that take public money such as MOP has, must file with the SEC which does have legal authority. Two entirely different functions. As an issuer, I would be more concerned about the SEC then FINRA.
So according to this information,
MOP only leases the rights to the patent from Charles' other company, FSI until 2030 when it returns to FSI.
Also as I recall, should the financing had been approved, Charles was voted by the NCC to manage the Groveton project. I suppose the passing of Charles is the reason the Property is back on the market?
Essentially, at this point, it looks like WDK and MOP own nothing but shareholders money?
GLTA
Can anyone provide me with the exemption that allows MOP to make material changes within the company and not have to inform the SEC or it's shareholders of those events?
According to the SEC ALL companies, not just PINK SHEET customers that report fins for market tier positioning purposes, but all public companies are required to file with the SEC.
http://www.investopedia.com/articles/fundamental-analysis/08/SEC-forms.asp#axzz1bXzZIgyY
Quote from the attached SEC link: "All companies, foreign and domestic, must file these statements or qualify for an exemption."
SEC filing requirements such as 8k's for public companies are not the same thing as reporting requirements for Pink Sheet market tier rankings.