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Whats hoding IFXY back?
Whats happining here?
TIA.
Trading stock for the debt.
Cant be a bad idea paying off the debt and also trading shares for debt will bring the PPS up. I hope we hear some more news right away.
We need more investors brought in. I hope a fat and juicey PR comes out that sends buyers to their brokers in a rush!
Been silent now for too long need some PR'S!
Should blast off soon, hopefully we will see more today.
IMO
GLTA
News of re-Investment should make a green week!
Reducing debt is reflected into the finanial statements and is like direct presure on the pps. We should see upward movment n the anticipated earnings.
With the alcor deal completed UBRG will become wild!
GLTA
Universal Bioenergy Announces Major Financial Restructuring Plan to Increase Profits and Returns for Shareholders
IRVINE, Calif., Feb. 28, 2011 Universal Bioenergy Inc. (Pink Sheets:UBRG), a natural and alternative energy company, announced that its Board of Directors has approved a major financial restructuring plan to reduce its debt, strengthen its Balance Sheet, and generate more profits and returns for its shareholders.
The Company plans to restructure its Balance Sheet by reducing its debt and liabilities. Universal’s total liabilities were $3,355,988, for the period ending September 30, 2010. This was primarily due to a $2,335,452 increase in accounts payable from purchasing supplies of natural gas, accrued expenses, and costs incurred from the NDR Energy acquisition. The plans include capital restructuring, paying down debt, and converting the balance of the outstanding debt to common stock, for issuance to its various Note Holders and creditors.
“Our plans are to continue to improve our financial performance and earnings. Many of the existing Notes carry very high interest rates. The benefit to the Company is to eliminate our debt, reduce interest expenses, and strengthen the Balance Sheet. We feel, taking these actions will improve our profitability, allow us to pursue our strategies for our expansion, and invest in our future,” says Vince M. Guest, President and CEO of Universal.
Universal’s Vice President Solomon Ali states, “Since we have created more value to the Company, through our recent acquisitions, and we’ve applied to be listed on the Frankfort Stock Exchange, we believe this should make our stock attractive to more retail and institutional investors internationally. This will result in increasing the outstanding shares of the Company’s common stock. However, we believe the shareholders would receive greater financial rewards by means of a greater market value of the Company, increased liquidity, and a potential increase in the price of the stock.”
About The Company
Universal Bioenergy Inc. is an alternative energy company, and intends to create and market natural and alternative energy sources including natural gas, solar, biofuels, wind, synthetic fuels and related energy technology products. It plans to build the company into a prominent player in alternative energy.
The product will determine it.
Sorry to see all those investors loose what they had. I can understand how they feel twords Troy and the company in general. Especially after he had ust said that he would not dilute.
He had to. He had to do what he had to do. Doesn't that sound about right? Probably!
On the other hand it is an opportunity for new shareholders to find a bargain price, perhaps tomorrow maybe the next.
I will be trying to get some at it's low whatever it turns out to be.
I do agree though that the events of todays actions are bad news and the probable reasons are for reasons of Troys own doing fo r the future.
Yes have hope for the LARGE revs.
But...
Fow new holders thay might get in and hold a double for a small time and if the sales "news" is significant, then they may do well for holding for awhile, but if the sales news is only average then I would think the pps will further head south where Troy will someday recover it and then if he isin't tied into the "deals" of Vegas and the boys, then it may return to a wholesome state for the christian communitys.
I guess that is the reason I won't hold the stock for very long now. It is because it looks like it's heading to the dirty side of towne.
Sorry Troy. Try again.
how does this effect MTLQQ?
What is the news here!
Just noticed this gem from the buzz cloud, what is the goings on here?
TIA
Any Guess where NVSR will be in two years?
TIA.
I like the look of those electric motors!
So, ATPT will be manufacturing the batterys for these motors, thats great news!
I think we are in for a 10X soon!
Great going ATPT!
From srmdrives dot com could it be MTLQQ or ford or ? how big is this?
read the bold print.
News + Events
Date: November 2007
VST signs intellectual property license agreement with Honeywell Incorporated granting exclusive use of five patents to VST.
Date: June 2008
Forbes Auto: New Kits Turn Any Car Into a Plug-in Hybrid
http://www.forbesautos.com/news/features/2008/plug-in-electric-vehicles-story.html?partner=fadc_plug_in_vehicles
Date: May 2009
VST signs motor drive development agreement with major OEM.
Date: May 2010
VST signs Technology Licensing agreement with major OEM licensing VST developed technology to the OEM. The OEM has requested anonymity until the company has had a chance to make their own announcement regarding the agreement.
Date: October 2010
VST signs Technology Licensing agreement with EnergyOne Technologies, Inc.
VST signs Technology Licensing agreement with Prime Technologies, Inc.
I will just buy more shares, it's probably an immediate double in the short term anyway.
Good point Russo123!
In the case of pinks and company news releases, the PPS only establish's a new real valuation when the annual or a quarterly reports actually posts earnings in the 10K or the 10Q.
We can have great news in gaining new contracts from the various transporters or even the many different military's in the various southern hemisphere countries and the PPS may not jump in value very much, and on the other hand it can skyrocket on the news.
This is what makes pinks so attractive, they can be very low in cost and they can jump in unreal values like crazy! making the investor a bunch. It's the swing or slingshot effect that pinks have characteristically that make them great.
The economy we live in right now stinks of low investment and low potential investment, but hopefully that will change.
A good investor will do his due dilligence in researching the possibilities in a stock, and especially a pink sheet stock by seeing the need for the product before it actually takes off.
I am a new investor here with NVSR, and I don't know all the secrect's and the possible potential's of NVSR, but with what is reportedly going on in Mexico, Venezeula, and in Brazil and the need to transport commerce goods safely accross borders into the USA and vise a versa that the tracking of goods by a satilite is a good preventive deterent from any foreigen waring country or government that might try to sneak biological warfare or dirty bombs or worse into the USA.
Somehow, I think that NVSR is in line for a contract from at least our government, unless we already have such implementations already in effect, and I don't know, but I beleive that they would at least get a partial contract, so.
But I would like to read or hear from someone here on the board that has some other possibile ideas in mind for NVSR.
Anyone have some ideas? What else is there for NVSR?
TIA
Onepennyman
Thanks for the info.
onepennyman
I am a new investor. where can I find information about NVSR's deployment plans? Is there another product test scheduled? Where is the stock heading in 30-60 days?
TIA
why no volume today?
So with the symbol change and reverse completed, where is HMDI going! any ideas?
Does HMDI have any products anymore?
Looking forward to the next quarterly, hope it will be on time too.
good luck longs, it's been a long time holding for us and we need a 50X! ha!
I will be accululating more over the next year in hopes of what windoughshopper says is true, that it will be a buck or so in a year.
Delta is nothing because AMIN can't create Delta now until they are cleared and relisted. Now there will have to be a certified audit (months of waiting)IMO.
Delta is now a pipe dream!
Hope you all did not have your life savings in this one.
); I will wait until the press release or statemet from AMIN then I will probably park my dollars in a real stock and kick myself for ever beleiving a microcap again, especially in these times..
20% is better then nothing.
GLT everyone.
How long does it take to get the new symbol?
From the March 30th article, you can see that the reverse Merger was completed, but no symbol changed yet and no reverse split yet either.
We all have been anticipating that the symbol change would of been apart of the reverse Merger into Delta because the legal name and enity is changed, so likewise the symbol too, or at least one would think. But Not in this case, here we are just waiting and waiting with no PR in consideration of the stockholders that were so loyaly strong on the company and it's inovations.
We need an outlook here, anyone willing to write the company and ask for one?
Contacts
--------------------------------------------------------------------------------
Rob Derrick
President
rderrick@deltaseaboard.com
713.782.1468 ext.226
Ron Burleigh
Vice President
rburleigh@bellsouth.net
337.839.4545
Mitch Derrick
South Texas Operations Manager
mderrick@deltaseaboard.com
713.782.1468 ext.224
Scott Key
Gulf Coast & Louisiana Operations Manager
skey@deltaseaboard.com
713.782.1468 ext. 222
Jack Higgins
Regional Sales Manager
jhiggins@deltaseaboard.com
713.851.3299 Cellular
Locations
Corporate Office
Houston, Texas
1212 W. Sam Houston Pkwy. N.
Houston, TX 77043
Main Office 713.782.1468
Main Fax 713.782.8357
Broussard, Louisiana
116 Lafferty Rd.
Broussard, LA 70518
Main Office 337.839.4545
Main Fax 337.839.5598
Glta.
----------------------------------------------------------------------------
American International Industries, Inc. Announces the Completion of the Reverse Merger of Its Subsidiary, Delta Seaboard Well Service, Inc. Into Hammonds Industries, Inc.
HOUSTON and KEMAH, Texas, Mar 30, 2010 (GlobeNewswire via COMTEX) -- Mr. Daniel Dror, Chairman and CEO of American International Industries, Inc. (Nasdaq:AMIN), today announced that its subsidiary, Delta Seaboard Well Service, Inc. ("Delta"), has completed its reverse merger with Hammonds Industries, Inc. (Pink Sheets:HMDI), as a result of which Delta has become a wholly-owned subsidiary of Hammonds. In connection with the transaction, Hammonds' name will be changed to Delta Seaboard International, Inc.
The Company has prepared all documentation for submission to FINRA necessary to implement the name change and the 1:10 reverse split. Upon the effective date of the name change and the reverse split, Delta will be issued a new trading symbol. In addition, Delta is working with a market maker to prepare and file a Form 211 pursuant to SEC Rule 15c2-11 to become eligible for quotation on the OTCBB.
American International Industries, Inc. is a diversified holding company, with a business model similar to General Electric, Tyco International, and Berkshire Hathaway. The Company has holdings in Industry, Finance, and Real Estate in Houston, Texas and surrounding areas, and Oil & Gas. The vision of the Company is to develop holdings in various industries through acquisition of existing companies, applying the financial resources and management expertise to foster the growth and profitability of the acquired businesses. The holding company serves as a financial and professional partner to the management of the subsidiaries. The role of the holding company is to improve each subsidiary's access to capital, achieve economies of scale by consolidating administrative functions, and utilize the financial and management expertise of corporate personnel across all units. The Company is continuing to work with management of the subsidiary companies to improve revenues, operations and profitability.
Delta Seaboard Well Service, Inc. is an onshore rig-based well-servicing contracting company providing services to the oil and gas industry.
too long! selling.
glta.
Dalayed 10k reminds me to pull my shares out.
American International Industries, Inc. Reports Significant Improvement in Operating Results for the Year Ended December 31, 2009
American International Industries Inc..Press Release Source: American International Industries, Inc. On Wednesday March 31, 2010, 5:55 pm EDT
HOUSTON and KEMAH, Texas, March 31, 2010 (GLOBE NEWSWIRE) -- American International Industries, Inc. (Nasdaq:AMIN - News) reported that its loss from continuing operations before interest, taxes, depreciation and amortization (EBITDA) significantly improved by $1,737,744 to $1,133,205, or $0.13 per share, for the year ended December 31, 2009, compared to EBITDA from continuing operations, excluding special items, for the year ended December 31, 2008, which reflected a loss of $2,870,949, or $0.37 per share. Our loss from continuing operations was $3,237,436, or $0.37 per share, for the year ended December 31, 2009, compared to $834,881, or $0.11 per share, for the year ended December 31, 2008. Our loss from continuing operations for the year ended December 31, 2009 included interest expense, taxes, and depreciation and amortization of $873,518, $51,364, and $1,179,349, respectively. Our income from continuing operations for the year ended December 31, 2008 included interest expense, a tax benefit, and depreciation and amortization of $841,212, $52,540, and $647,851, respectively. Special items included in our loss from continuing operations for the year ended December 31, 2008 were $1,450,000 from the Delta lawsuit settlement and a $4,922,591 gain on the Hammonds' property dividend distribution. On March 17, 2010, we announced that Delta had reached a settlement and received a payment of $700,000 related to the lawsuit settlement in 2008. This amount will be included in other income for the three months ended March 31, 2010. The settlement was a result of litigation brought by Delta against certain of its insurance companies for their failure to obtain appropriate insurance coverage and misrepresentation of the coverage it did obtain for Delta.
Primarily due to a decrease in pipe sales to the oil field service industry by Delta, revenues from continuing operations decreased by $6,451,982, or 20% to $25,656,678 for the year ended December 31, 2009, compared to $32,108,660 for the prior year. Pipe sales revenues have decreased due to a decline in drilling activity creating decreased demand for pipe. Delta's revenues decreased by $10,342,022. NPI's revenues decreased by $718,768, due to the decline in the economy. The decreases in revenues and Delta and NPI were partially offset by the inclusion of a full year of revenues for Shumate of $7,193,272 compared to $2,584,464 for three months in the prior year.
Effective December 31, 2008, the Company deconsolidated Hammonds Industries, Inc. from its continuing operations. The loss from Hammonds' discontinued operations was $350,000, or $0.04 per share, for the year ended December 31, 2009. The gain from Hammonds' discontinued operations was $9,274,274, or $1.18 per share, for the year ended December 31, 2008.
The net loss attributable to our shareholders was $2,952,088, or $0.34 per share, for the year ended December 31, 2009, compared to net income of $8,381,667, or $1.07 per share, for the year ended December 31, 2008.
For more detailed information, please refer to our December 31, 2009 Form 10-K filing with the SEC on March 31, 2010.
American International Industries, Inc. is a diversified holding company, with a business model similar to General Electric, Tyco International, and Berkshire Hathaway. The Company has holdings in Industry, Finance, and Real Estate in Houston Texas and surrounding areas, and Oil & Gas. The vision of the Company is to develop holdings in various industries through acquisition of existing companies, applying the financial resources and management expertise to foster the growth and profitability of the acquired businesses. The holding company serves as a financial and professional partner to the management of the subsidiaries. The role of the holding company is to improve each subsidiary's access to capital, achieve economies of scale by consolidating administrative functions, and utilize the financial and management expertise of corporate personnel across all units. The Company is continuing to work with management of the subsidiary companies to improve revenues, operations and profitability.
Forward-Looking Statements:
The matters discussed in this release contain forward-looking that involve risks and uncertainties. All statements other than statements of historical information provided herein may be deemed to be forward-looking statements. Without limiting the foregoing, the words "believes", "anticipates", "plans", "expects" and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those that we may anticipate in each of our segments reflected by our subsidiaries' operations include without limitations, continued acceptance of our products and services, continued growth in the energy sector, increased levels of competition, the dependence upon adequate financing, third party suppliers and the ability to hire and retain qualified management for its operating subsidiaries, and the regulatory environment in the segments in which we operate. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis, judgment, belief or expectation only as of the date hereof.
Contact:
American International Industries, Inc.Investor Relations:Rebekah Ruthstrom281-334-9479amin@americanii.comCopyright © 2010 GlobeNewswire. All rights reserved. Redistribution of this content is expressly prohibited without prior written consent. GlobeNewswire makes no claims concerning the accuracy or validity of the information, and shall not be held liable for any errors, delays, omissions or use thereof.
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I hope the news will up the pps and get this stock rolling soon.
I suppose though that it will have to have a financial statement posted before it does anything.
EOM
When is the sell point?
5 Days to symbol change and a new life to the value of this security. I hope she will run up to $2.50 or so. That would only be a 5 pop aftr the reverse split. similar to what it did in Sept-Oct. of last year. .05-.50 so now .50 to $2.50 post split and merger.
I have a 10 pop I have been watching. it is target development and it's symbol is TDGI.pk 1 year estimates of 10X.
I am hoping to play HMDI then move over there if I possibly can.
GLTA
Please dont take my advice, do your own due dilligence and save yourself the ache of loosing you monies like I do.
onepennyman
HMDI received $700.000.00 yesterday from Americain Physicians insurance. So delta will have an extra 700K on it's books.
It's books will not even show that until after the transition to the new company DELTA SEABOARD...
I may sell before the 28th. I have been in scince last August and I should of sold whwn I could of at .25 or so.
I stayed in on the news of the RM but really the RS is killing this so completly. 10% of what I have now, and the hope of DELTA's valuation and the swarm of greedy little investors to bring it back up? But then again, the oil business could explode especially if we end up in a regional war in the middle east.
Does anyone have any insight on the outlook?
TIA
Yep, i agree. eom
My appoligies Windough-shopper, I am also just as bad. I am also a bit of a narc. too. I can also understand it if you too have frustrations going on.
Please accept my appoligie, for my behaviour and my attitude.
GL.
Hi, been watching for awhile but not enough. I need some idea where the stock is going, anyone willing to pass on the outlook to me?
TIA.
I agree Interstate, it does not feel right.
I am sadened that Windough jumped on ya, it was uncalled for.
I don't think he really intended to say the things he said.
I just have hope that the new conpany will launch to a better PPS. I had the chance to sell when it was at .50 or actually about .30 when I had looked and found it to have jumped like it did but I did not, and I have been just hoping that it will start heading NORTH ao I can reap something out of it.
Anyway, yeah, we need some INFO from the company indicating where they want to take this company too.
GLTA.
as always, JMO
Please keep your narcisstic attitude, and look in the mirror!
Nobody has the right or obligation to force their opinion on another person!
"sell and leave" indeed mr. windough!, just you stop right there!
May peace find it's way into you Mr. Windough-shopper! and may it stay there so you don't no longer live an abusive, narcisstic life or attitude.
Enjoy Life in all ways, and in one another, always!
Welcome to dittovile where what goes around comes around and where personel opinions don't count for anything except the abuse of another.
Please understand Windough, I, we all, don't mean any harm to you or your personallity, we all just need a sunny day where we all have a good time and are free from the devil of scrutiny and diptherium that hurts us all.
Sign up for dittoville, windough, it a much better world when love and peace is the common objective and smile that we all share.
GLTA
I had beleived that we would see much more interested investors coming in and alot more posts being posted here.
I anticipate that we will soon see 2.50 pps soon or a 5X and then mabey better.
What do you think?
TIA.
Whats curious is that there is very little buying going on here and so few posts here on this message board.
AMIN investors also show to little interest in HMDI too.
Some news this week would be a little encourging, Hope it happens.
GLTA
Been holding since last September and I think that my investment will soon pay off.
As soon as the new symbol is produced and a new valueation can be calculated for the PPS. I beleive we will see investors and preasured buying at that point to the tune of perhaps up to $4.00 per share.
I am assuming that the new companys books will include the earnings from both companys and all adjustmnts are included. I hope it will be sooner rather than later!
Stock should perform like a new enity on the OTC boards. IMO.
GLTA
Takes the SEC a week sometimes to do a symbol change.
I have checked the SEC's website for notices of the symbol change but none there as of yesterday.
They have, in the past; posted a notice of change to the many different stockhouses so they can change the symbol too.
I am really surprised that they have not yey posted it yet.
GLTA
No action today! eom
I suspect another PR this week!
News will be coming like race cars on a speedway soon!
ha!
glta.
I am out of free posts for the day, see ya all later!
This is going to fun! eom
could be! windough!
I wonder if another PR is on it's way today?
I think we are in for an increase in pps all the way to the 28th, then upward again followed by a major dip, then upon the new 10q being posted, another upward climb.
jmo.