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FDA approval for device. Very little volume.
https://financialpost.com/globe-newswire/marizyme-inc-announces-fda-clearance-for-flagship-product-duragraft/wcm/7c459ae5-093d-440e-8bd8-31e961c8d65a/amp/
Someone bought 5.5M shares.
https://www.bamsec.com/filing/114036123015227?cik=719739
Not sure If this means anything but my Interactive Brokers account as of this morning now reflects the actual price of $0.061. It’d been stuck at $0.84 which is the last traded price before it got halted and sent to the gray market.
The .40 trade was only for 200 shares.
BKPG Reverse Merger in 8K
http://ih.advfn.com/p.php?pid=nmona&article=46771146
SECTION 8 – OTHER EVENTS
Item 8.01 Other Events
Proposed Name Change
The board of directors of the Company has approved a name change of the Company to “ United Communications Partners Inc ”. The name change will be completed by way of an amendment to the articles of incorporation of the Company which will be effective upon completion of a proposed merger between the Company and United Communications Partners Inc. (“ SubCo ”), a wholly-owned subsidiary of the Company incorporated under the laws of the State of Nevada (the “ Merger ”). The Merger will be completed pursuant to the provisions of the Section 92A.180 of the Nevada Revised Statutes: Chapter 92A, as amended (“ NRS 92A.180 ”). Pursuant to NRS 92A.180, approval from the Company’s shareholders is not required to give effect to the Merger or the consequent name change. The name change is anticipated to be completed in mid-March, 2011, subject to receipt of regulatory approval. The Company will be the surviving corporation in the Merger and there will be no amendment to the Company’s articles of incorporation
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=Yt55S9NzpMazEkoiym5ceg%253d%253d&CorpName=UNITED+COMMUNICATIONS+PARTNERS+INC
CTCC Float only 18M
This could really move today
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59531317
City Capital Corporation Acquires ERX Energy, LLC
http://ih.advfn.com/p.php?pid=nmona&article=46297379&symbol=CTCC
City Capital Corporation (PINKSHEETS: CTCC) today announced the launch of its newly acquired subsidiary, ERX Energy LLC. ERX was formed to specifically target compelling technology and services in the alternative energy marketplace. ERX Energy, LLC will initially focus its efforts within the roofing industry, with specific concentration in the solar roofing design, manufacture, installation, repair, and maintenance arena.
Jeffrey Smuda, Chief Executive Officer of City Capital Corporation, stated, "2011 marks the beginning of a new direction for the company. City Capital Corp. has initiated a comprehensive debt restructure program that is already underway. The company has established a debt resolution team with the goal of restructuring ninety percent of company debt, and during the fourth quarter of 2010 divisions that were not maximized were liquidated. The company is currently liquidating its Sweepstakes, Laundry, and Petroleum subsidiaries to allow the company to focus on the high growth energy space. With our renewed focus on alternative energy services and technology, and a keen eye on corporate cost reduction and control, City Capital Corp. is confident that the company and shareholders will benefit from these measures as we look to expand our presence in the alternate energy industry."
About City Capital Corporation
City Capital Corporation (PINKSHEETS: CTCC), founded in 1984, is a leader in the production and distribution of emerging new technology. Its holdings include corporate owned retail stores and partnerships across the nation. City Capital through its subsidiaries and joint venture partners seeks to expand its presence in the alternative energy services industry.
Contact:
IR@CityCapCorp.com
City Capital Corporation
www.CityCapCorp.com
CGSYQ Global Capacity Announces Acquisition by Pivotal Group
http://www.prnewswire.com/news-releases/global-capacity-announces-acquisition-by-pivotal-group-115002649.html
Global Capacity Announces Acquisition by Pivotal Group
Court Enters Order Approving Sale
CHICAGO, Feb., 1, 2011 /PRNewswire/ -- Global Capacity (OTC Bulletin Board: CGSYQ), the world's leading telecommunications information and logistics company, today announced that the United States Bankruptcy Court for the District of Delaware has entered an order approving the acquisition of substantially all of the assets of Global Capacity by Pivotal Global Capacity, LLC, an affiliate of Pivotal Group, Inc. This approval follows the acquisition by Pivotal of 100% of the secured debt of Global Capacity. Global Capacity and Pivotal Group have now commenced seeking regulatory approvals and estimate the completion of the process by April 30, 2011.
"This decision by the court represents an important milestone for Global Capacity and our customers, our suppliers, and our employees," noted Patrick Shutt, Global Capacity CEO. "Pivotal Group has recognized the tremendous potential of the Global Capacity platform, and this acquisition provides the Company with the financial strength and strategic backing we need to continue to provide innovative solutions to our global base of customers and prospects."
Upon completion of the acquisition, Global Capacity will emerge from bankruptcy as a privately held company with no debt and positive monthly cash flow from operations. The Company has maintained strong customer and supplier relationships throughout its restructuring process, and on emergence, Global Capacity will have the financial strength and backing required to support the Company's organic growth objectives, while investing in its strategic mission to create the first Global Access Exchange.
"We are extremely pleased that the Court has approved our bid to acquire Global Capacity, and we look forward to quickly completing the regulatory process and helping them to emerge from bankruptcy as a financially sound company," said Francis Najafi, CEO of Pivotal Group. "We are very excited about the growth potential of this platform, and look forward to working with the Global Capacity team to unlock its potential."
Jerry Pence, Managing Director of Pivotal Group, added, "The explosion of demand for global network bandwidth coupled with the fundamental inefficiency of the global access network market creates an amazing opportunity for companies with the vision and the capability to enable this critical access exchange. We believe Global Capacity is uniquely positioned to address this opportunity, and we are excited about the chance to work with the company going forward." For more information on Global Capacity and our service offerings, please visit www.globalcapacity.com
About Global Capacity
Global Capacity is a telecom information and logistics company that helps customers improve the efficiency and reduce the cost of access networks globally. The Company is creating the first Global Access Exchange that provides ubiquitous access network solutions across geographies and suppliers. Based upon its core platforms, One Marketplace Information Exchange and One Marketplace Network Exchange, Global Capacity delivers Enablement Solutions and Outsource Solutions to Purpose-Built Integrators, Telecommunication Carriers, and Enterprise Customers globally. Global Capacity is headquartered in Chicago, IL, with additional offices in Waltham, MA, Glastonbury, CT, Manchester, U.K., and Lisbon, Portugal. For more information, please visit www.globalcapacity.com or contact the Company at (312) 673-2400
About Pivotal Group
Pivotal Group is a leading investment company headquartered in Phoenix, Arizona, with primary concentration on private equity and real estate. Its focus is centered on the implementation of its business strategy in conjunction with a comprehensive understanding of capital market dynamics. For more information, visit www.pivotalgroup.com.
AUCI -Auctions International Announces Pending Merger
http://www.briefingwire.com/pr/auctions-international-announces-pending-merger
BriefingWire.com, 1/27/2011 - Kelowna, British Columbia: January 27, 2011: Auctions International Inc. (OTC: AUCI), a technology company that owns and markets proprietary software that enables real-time on-line auctions of virtually any commodity in the wholesale market, announced today that the company has signed an agreement to purchase a 10% interest in Amero International Inc. a closely held private corporation registered in the province of Manitoba Canada.
Doug Mann, President and CEO of Auctions International Inc., said, “Amero International has been identified as a likely target for a friendly reverse merger via stock swap and the purchase represents the first stage in this process.
About Auctions International Inc.
As a company that was Internet based, it was logical to look in the direction of Internet based businesses that had significant cash-flow and were significantly undervalued. After completing significant due diligence on several companies Amero International Inc. was identified as a good fit.
About Amero International Inc.
Amero International Inc. is a closely held private corporation duly registered in the province of Manitoba Canada. The company is an Internet Vendor of quality Mint Items and commodities as well as recreational and leisure products with current annual revenues of approximately $700,000. The company President Jean-Eric Plamondon has several years experience in the start-up of Internet based companies and is experienced in the offshore production and world-wide sale of Quality Mint Collectibles and Investment Pieces (jewelry, coins and antique replicas with varying quantities of gold)
Doug Mann is quoted as saying, "After the 2009 economic downturn, several people worked diligently to find a Business Model that would restore value to our shareholders and a return of credibility to the company. Where several other OTC companies turned off the lights and closed the doors, we continued our search for a new business. It seems our tenacity has been rewarded."
Jean-Eric Plamondon, President of Amero International Inc. says, "This is an excellent opportunity for us and the logical next step in our growth. As our revenues and inventory levels continue to grow, it only makes sense that the public vehicle is the way to go. Given that AUCI is virtually debt free and still trading significant volumes, we see it as a win-win for all participants, especially the current shareholders and new investors."
For Auctions International, contact:
Doug Mann
President and CEO
Auctions International Inc. dgmann@shaw.ca
250-317-8885
For Amero International Inc., contact:
Jean-Eric Plamondon john@ameroimports.net
President
Amero International Inc.
204-963-5326
GSRE - Green Star Energies Completes Reverse Takeover With North Texas Energy
http://www.otcmarkets.com/stock/GSRE/news
THIS INCLUDES THE ACQUISITION OF 4 OIL & GAS PROJECTS WITH UP TO 200 WELLS WITH PROVEN RESERVES OVER 2,000,000 BARRELS OF OIL.
ADDISON, Texas, Jan. 18, 2011 /PRNewswire via COMTEX/ -- Green Star Energies, Inc. (Pink Sheets: GSRE) is pleased to announce the completion of a reverse takeover agreement between Green Star Energies and North Texas Energy a private producing oil and gas company with proven reserves operating in Texas, Arkansas and Oklahoma.
The Company owns a producing oil field in North East Oklahoma with 10 producing wells and multiple workover opportunities on 3 leases covering approximately 230 gross acres with 27 current infield wells. Current production averages about 300 barrels of oil per month representing approximately 1,600,000 bbl as per reserves report. The rights to an additional 5 leases on 580 acres with 35 wells are being evaluated and are expected to be exercised after due diligence. The Company has immediate plans for workover and recompletion of existing wells in an attempt to restore production to 1980 levels ( ~ 300 BOPD from 62 wells) while evaluating an in-field PUD drilling program and exploring additional behind-pipe reserves.
The Company also owns a second oil field in North East Oklahoma that is currently shut in. The field has 160 wells on 7 leases covering 680 acres. This field has 390,000 bbl of potential oil recovery and 133,000 MCF of deliverable gas based on qualified reserve studies. In addition, the Company also owns 4 leases with 7 workover targets in Upshur County, Texas in the Haynesville Shale that covers 340 acres as well as 1 well in Columbia County, Arkansas.
As per the terms of the reverse takeover, all Green Star Energies management has resigned and new management has been appointed. Green Star Energies has appointed Steve Rackley as Chairman and CEO, Gabriel Prieto, P.E. as COO and Director and Richard John as Technical and Drilling Advisor.
CEO of Green Star Energies, Steve Rackley stated, "Completing this reverse takeover is a big step for North Texas Energy and Green Star Energies shareholders. The new combined company allows us to merge our resources to build a stronger venture together."
Steve Rackley was recently COO of a privately held oil and gas exploration and production company that grew to $10 million in revenues in the past three years. Gabriel Prieto, P.E. previously served as Sr. Petroleum Engineer for Mobil Oil and McMoran Oil & Gas as well as VP in the energy banking division of Bank of America. Richard John has over 22 years of experience working in various positions for such companies as Chesapeake Energy and XTO Energy.
Gabriel Prieto, P.E., COO added, "The newly formed management team fully intends to immediately focus on the acquisition and development of under-producing properties in proven oil fields where we can use new technology and methodology to unlock the resources bypassed previously. We look forward to introducing you to these deals in the coming weeks."
Steve Rackley, CEO has scheduled the first of what is expected to be many public appearances after taking over management of Green Star Energies. The interview is scheduled for 11 AM EST on Tuesday, January 18, 2011. It will be available via Stock Plays Online, an online investment community with a live chat feature. You can attend this interview for free with no registration required by logging in through this link: http://www.stockplaysonline.com/visichat/
Oil & gas investment is high risk read the full disclaimer before making any investment decisions, available here: http://www.greenstarenergies.com/disclaimer.html
ABOUT GREEN STAR ENERGIES, INC
Green Star Energies, Inc. is currently targeting joint ventures or acquisitions in which existing oil projects are currently in or near term production. Green Star owns producing oil wells in Oklahoma and as well as Louisiana through its ownership in Aeon Holdings (OTC Markets: AEOH) with work over plans on leases in Texas and Arkansas.
Email: IR@GreenStarEnergies.com | Phone: 1-469-718-5572
Corporate Site: http://GreenStarEnergies.com | IR Site: http://PeakPetro.com
Twitter: http://twitter.com/PeakPetro | YouTube: http://youtube.com/PeakPetro
5057 Keller Springs Road Suite 300 Addison, Texas 75001
Here's a youtube clip of Rob Threlkeld of GM from a couple years ago.
The guru is starting to notice WMBI too.
http://pennystockgurus.blogspot.com/
VKNG ran all the way to ~$1.10 from the .006s
ASYI to be profiled tonight?
I got an email today by The Penny Prophet saying he's going to release a new pick tonight; it's supposed to be a company in a $500 Billion dollar industry...
sounds like it could be ASYI
IMPORTANT DD: APCVZ's price is a factor in the ADJUSTED EBITDA
The 2 FDA approvals on Friday were great news for APCVZ and many believe the increased sales from the approval(s) will bring APCVZ closer to meeting the 1.267 B adjusted EBITDA threshold.
However, there is an added factor that hasn't been discussed yet and that is APCVZ's share price. By looking at the latest 10-Q, I noticed that APCVZ's share price is a component of the adjusted EBITDA.
Note: It is the ADJUSTED EBITDA and not the EBITDA that determines whether shareholders get nothing or up to $6/share and that threshold is 1.267 B.
This is explicitly stated in their latest 10-Q located here on page 29.
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=7224448
Under the terms of the CVR Indenture, the amount, if any, payable in respect of each CVR on June 30, 2011 is determined based on
Adjusted EBITDA (as defined by the CVR indenture). As a result, in addition to reporting financial results in accordance with generally
accepted accounting principles (“GAAP”), FKP Holdings also must calculate and present Adjusted EBITDA, which is a non-GAAP financial
measure, for the cumulative period from January 1, 2008 to the current reporting date until the expiration of the CVR measurement period
(December 31, 2010) and settlement of the CVRs.
Now on page 29, take a look at Reconciliation to Adjusted EBITDA
and you will see Change in the value of contingent value rights
As you can see, for the latest quarter from Jan. 1 to March 31 2010, this was calculated as a loss of 24.488 M.
How did they get this value?
January 1 closing price was 0.30
March 31 closing price was 0.15
* so this is a loss of ~0.15/share for the quarter
* We also know APCVZ's O/S = 163,456,000
So 163,456,000 shares * loss of 0.15/share = 24.488 Million.
Now take a look at the far right column where it says
For the Cumulative
Period Beginning January 1, 2008 and Ending March 31, 2010
The Change in the value of contingent value rights for this period is a loss of 133.867 M.
We know that the closing price on March 31 2010 was 0.15
The closing price that I calculated for August 1 2008 is ~ $0.97. (I had to calculate this b/c I couldn't find the closing price on Aug. 1 )
This is a loss of ~$0.82/share.
When you multiply the 163,456,000 O/S by the loss of 0.82/share
= loss of 133.867 M.
Bottom line:
What does this mean?
To summarize, APCVZ's price IS A FACTOR in the adjusted EBITDA. The higher APCVZ's price goes, the better it is for the adjusted EBITDA.
For every $0.01 APCVZ goes up, it helps reduce the loss in the ADJUSTED EBITDA by 1.63 Million. (163,456,000 O/S * $0.01 = 1.63 Million)
Note: The threshold value is $0.97.
For every $.01 above $0.97, it will actually ADD 1.63 M in value to the adjusted EBITDA.
So it's not only about the sales, APCVZ's share price will also determine if we get to the 1.267 B Adjusted EBITDA threshold.
There is a wild card. I am doing some DD on this and will get it out ASAP; hopefully out by 09:30 EST.
I'm curious as to what the float is as there are ~163.4 M shares O/S.
Here's the latest institutional & mutual fund ownership.
http://moneycentral.msn.com/ownership?Holding=Institutional+Ownership&Symbol=APCVZ
http://moneycentral.msn.com/ownership?Holding=Mutual+Fund+Ownership&Symbol=APCVZ
What's also noteworthy is the following.
http://www.fiercepharma.com/story/german-firm-pledges-4-6b-app-pharma/2008-07-07?utm_medium=rss&utm_source=rss&cmp-id=OTC-RSS-FP0
A German company is snapping up APP Pharmaceuticals in a deal worth more than $4.6 billion. Fresenius, an $18 billion company that sells products and services to hospitals and home healthcare groups, says the buyout will expand its presence in the lucrative U.S. market.
APP, you'll recall, has been in the news this year as the sole remaining U.S. producer of the blood thinner heparin. When Baxter saw its heparin production contaminated, it stopped making most of its heparin products; APP didn't have the same contamination problems, so it ramped up to try to fill the supply gap. APP also makes other injectables such as vitamin supplements, hormones, and diruretics.
An interesting side note: APP's recently-ex CEO Patrick Soon-Shiong owns some 83 percent of its stock, so you can bet he's saying ka-ching! Also CEO and a major investor in Abraxis BioScience, Soon-Shiong's share of the APP buyout could amount to as much as $3.8 billion if certain performance targets are met.
I'm not sure if ex CEO Patrick Soon-Shiong is restricted from selling his CVRs from the buyout. But if he hasn't sold, then this really reduces the float. At the very least, I think it would be safe to assume he still owns a sizable portion.
Forbes bio on Soon-Shiong
He's a billionaire and one of the richest men in the world.
http://people.forbes.com/profile/patrick-soon-shiong/623
I absolutely agree. Generics are more cost effective and will be pushed with health care reform.
This means that it's got a market cap of ONLY ~ 35M. This could move pretty quickly on Monday.
AZN's patent will soon expire and APCVZ will get to market the generic.
Google Alert POZN FDA Approval
Pozen, AstraZeneca Win FDA Approval of Arthritis Drug
BusinessWeek
... from AstraZeneca in September after the FDA agreed to review the drug, and is now entitled to another $20 million based on the agency's approval. ...
http://www.businessweek.com/news/2010-04-30/pozen-astrazeneca-win-fda-approval-of-arthritis-drug-update1-.html
POZN ($13.00) approved Source gekkowire
http://www.gekkowire.com/?p=3187#comments
TYTN Tractor Reviews & Testimonials
Unlike a lot of pink sheet companies, TYTN has a developed product that is making sales.
Tytan tractors seem to have decent reviews as a much lower cost alternative to the likes of Caterpillar, Kubota, & John Deere. Most people think they are good values.
http://www.merchantcircle.com/business/Tytan.Tractor.509-203-4767/review/list
Here are 60 video testimonials off of their website... the customers in the Washington & Oregon area seem to be happy with the product and the customer service.
http://www.tytantractor.com/60cust.html
Here you go... I suggest you not only check out his board, but also sign up for $heff's email list. He and his mods have an incredible track record and they do a great job researching stocks.
http://investorshub.advfn.com/boards/board.aspx?board_id=9413
Great Call with nice DD! Person mark for you. Got in at .15 a couple days ago and am anticipating a nice run.
CDIV's Float = 59.8 million (per Monk)
I agree. NVLT is WAY oversold.
As a student of history, NVLT's massive drop reminds me of HGSI's drop on 03/09/09 after issuing a negative press for their drug. It dropped from the 1.60s all the way down to .45 in a matter of a few days before starting it's run up.
It now trades at $31+.
I'm not saying that lightning will strike twice with NVLT.
However, what I am comfortable saying is that we are oversold at these levels, especially in light of what NVLT has in its pipeline.
It's absolutely what I want. Gotta learn how to navigate through pennystockland where most stocks are are a wasteland and find the diamonds. I figure learning from the expert (Sir Monk) is the best means to increase my $$$ and get closer to retirement.
Thanks. I'm here to learn from the best.
Monk,
I think ECG refers to the holy trifecta of
E***
C***
G***
Monk you are the man! Plan on going to a Monkinar in the near future.
Video: Biomoda - OneMed Forum presentation of Biomoda
From January 12, 2010 in San Francisco.
http://www.onemedplace.com/onemedforum/company_presentation_content.php?id=13497
Ready to Light Up: Critical Power Solutions (PINK:CSLI)
Jan. 4, 2010 (Baystreet.ca) --
http://www.baystreet.ca/users/newswire/viewarticle.aspx?id=243119
As part of our on-going series of articles of penny stocks that are set to perform and break-out, today we take a look at Critical Power Solutions International, Inc. (PINK:CSLI), this is a company that manufactures and sells a very interesting looking line of "next generation of renewable energy power systems." Last week the stock broke out and it looks like "someone knows something" given the accumulation we're seeing.
These self-powered trailer systems that can be rapidly deployed to power physical security and communication requirements for areas where power is difficult to obtain, or where conventional power means are too expensive to deploy.
There are all kinds of applications for this "green" technology and as we know, green tech is huge with investors right now.
Earlier in 2009, Juan Verde joined Critical Solutions Inc. as a strategic advisor. Verde was appointed by former vice president Al Gore to be the National director of The Climate Project and he is now assisting the company in increasing the global exposure of its renewable energy powered mobile systems.
Already the company is getting orders from government groups, private sector companies and even Fortune 500 companies who are looking for non-traditional power sources such as solar, wind and hydrogen to provide efficient recovery, backup and primary power systems. The company has even upgraded the mobile towers with the latest solar and wind power technologies.
The alternative energy trailer systems are field tested and perform so well that nuclear power plants are using them. Even the Federal Bureau of Prisons for Emergency Response Teams, and the Marines use them for emergency communications.
Without the need for grid power, the units are portable and are designed to be operational quickly and moved when necessary to provide the most rapid implementation available today (think what a difference this might make during hurricanes or other national emergencies). These characteristics also make the units ideal for border security due to the relative lack of power near borders.
This is a fully reporting company that has a very small float of shares available and we like what we see. Do not be surprised to see this company begin to move from sub-penny levels in short order. This is a real company, with a real technology and a very positive looking future given the way news and environmental events are shaping up. Mike Deosdade covers emerging small-cap companies in the stock market.
Source: Baystreet.ca (January 4, 2010 - 1:51 PM EST)
News by QuoteMedia
www.quotemedia.com
More E-cigs news
Got this from my daily FDA alert on Google news.
http://www.columbustelegram.com/articles/2009/12/27/news/local/doc4b36e773d726a238335003.txt
$heff got into cbai today at .0097
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44938553
Biomedreports: Investors Cashing in as Smokeless nicotine debate intensifies
http://biomedreports.com/index.php?option=com_content&view=article&id=23058&Itemid=83