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Another volatile move in the currency markets could be a backbreaker for FXCM
http://www.bloomberg.com/news/2015-01-21/is-dollar-next-investors-reassess-after-swiss-shock-currencies.html
Is Dollar Next? Investors Reassess After Swiss Shock: Currencies
http://www.bloomberg.com/news/2015-01-21/is-dollar-next-investors-reassess-after-swiss-shock-currencies.html
FXCM Inc. Shares Trading Higher by Almost 50% as Negative Account Balances Pending -
See more at: http://forexmagnates.com/fxcm-inc-shares-trading-higher-almost-50-negative-account-balances-pending/#sthash.OYjNBtrZ.dpuf
FXCM: Where To From Here?
Summary
•Loan from Leucadia wipes out most of equity value.
•Operations going forward likely to be significantly reduced.
•Forced sale of business likely to leave little residual for shareholders.
http://seekingalpha.com/article/2838226-fxcm-where-to-from-here
FXCM SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Violations of Federal Securities Law by the Board of Directors of the company
http://ih.advfn.com/p.php?pid=nmona&article=65185159
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of FXCM, Inc. - FXCM
http://ih.advfn.com/p.php?pid=nmona&article=65184401
Rumor has it that several more vulture law firms will be swooping in on FXCM tomorrow with more press releases.
http://ih.advfn.com/p.php?pid=nmona&article=65181093
Massive lawsuits will be announced against FXCM
There will be nothing left for shareholders after the sleazy law firms are done with this company. Plus FXCM is still in the hole on that $300 million emergency bail out loan.
http://ih.advfn.com/p.php?pid=nmona&article=65183726
How Much Will Be Left for FXCM Shareholders? -- Market Talk
In the wake of FXCM's rescue package with Leucadia (LUK), Raymond James thinks the retail forex brokerage needs to "generate sale and other distribution proceeds of $1.23B for FXCM shareholders to recoup more than $1/share, an outcome we view as unlikely." Its stock plunged 87% yesterday in the first day of trading after disclosing major customer losses late Thursday and the potential of the company being "in breach of some regulatory capital requirements." Raymond James also reckons the structure of FXCM's rescue "provides virtually no shareholder value prior to $1.16B in proceeds." Before the tumult caused by last week's Swiss central bank move, FXCM's market cap was around $800M.
FXCM Gets Rescued; Are Shareholders Getting Punished?
http://blogs.barrons.com/stockstowatchtoday/2015/01/20/fxcm-gets-rescued-are-shareholders-getting-punished/
Citigroup Reduces FXCM's Price Target, Maintains At Sell/High Risk Rating
William Katz of Citigroup on Tuesday maintained a Sell/High Risk rating on shares of FXCM Inc (NYSE: FXCM) with a price target lowered by $4.25 to $0.75 following details that emerged over the weekend of Leucadia's $300 million rescue package.
Katz notes that the “onerous” terms include an annual interest rate of 10 percent, increasing by 1.5 percent per annum each quarter, up to 17 percent. The loan is also subject to mandatory repayments and restructure covenants.
Katz states that the company will likely never achieve its prior market cap of $1.3 billion (now estimated at around $50 million to $68 million), even assuming a possible sale to a strategic buyer. The analyst adds that based on the disclosure, FXCM will try to sell itself by April 2015
http://finance.yahoo.com/news/citigroup-reduces-fxcms-price-target-143109364.html
FXCM could be out of business, says Credit Suisse
http://seekingalpha.com/news/2226576-fxcm-could-be-out-of-business-says-credit-suisse
Huge DUMPS coming in on FXCM before market close.
Expecting a BIG DUMP on FXCM when day traders and flippers begin to exit their positions before market close.
Citigroup Reduces FXCM's Price Target, Maintains At Sell/High Risk Rating
9:31a ET January 20, 2015 (Benzinga)
William Katz of Citigroup on Tuesday maintained a Sell/High Risk rating on shares of FXCM Inc (NYSE: FXCM) with a price target lowered by $4.25 to $0.75 following details that emerged over the weekend of Leucadia's $300 million rescue package.
Katz notes that the “onerous” terms include an annual interest rate of 10 percent, increasing by 1.5 percent per annum each quarter, up to 17 percent. The loan is also subject to mandatory repayments and restructure covenants.
Katz states that the company will likely never achieve its prior market cap of $1.3 billion (now estimated at around $50 million to $68 million), even assuming a possible sale to a strategic buyer. The analyst adds that based on the disclosure, FXCM will try to sell itself by April 2015.
Shares of FXCM were down 90 percent Tuesday morning.
Will the NYSE or SEC halt FXCM in order to stop the stock price from crashing any further?
Why is the FXCM stock price crashing?
Why does the FXCM stock price continue to drift lower if the company received a $300 million bailout loan?
How much lower do you think FXCM will go?
Why do investors continue buying this stock? It's obvious that ECIG is a dilution scheme.
Horrible news released in after hours on KBIO
The issuance of Acquisition Shares will substantially dilute the voting power of current AMCO stockholders.
The number of shares of our common stock to be issued in the Draco Acquisition represents approximately 81 % of our currently outstanding common stock. Upon completion of the Draco Acquisition current stockholders of Armco would hold (based on shares owned and outstanding as of October 7, 2014) approximately 55% of our outstanding common, and the Metawise Nominees approximately 40% of the outstanding common stock. Accordingly, the shares of our common stock to be issued in the Draco Acquisition significantly reduce the relative voting power of each share of our common stock held by our current stockholders.
The Draco Acquisition is subject to closing conditions that, if not satisfied or waived in a timely manner or at all, will result in the transaction not being completed or delayed. A failure to complete or delay in completing the Draco Acquisition may cause the market prices of our common stock to decline.
The Draco Acquisition will not be completed unless all of the conditions to the transaction have been satisfied or, if permissible, waived. We cannot predict what the effect on the market price of our common stock would be if the Draco Acquisition is not completed, but depending on market conditions at the time, it could result in a decline in market price. A substantial delay in completing the Draco Acquisition due to litigation that may be instituted regarding the transaction or the need to satisfy the conditions to closing the transaction, or the imposition of any unfavorable terms, conditions, or restrictions in obtaining a waiver to such conditions or otherwise, could have a material adverse effect on the anticipated benefits of, or increase the costs associated with the transaction, thereby impacting the business, financial condition or results of operations of Armco after the closing of the Draco Acquisition.
Our ownership interest in Draco could be diluted which would impact our financial results in future periods. Mr. Chen may face conflicts of interests between Metawise and Armco which may not be resolved in our favor.
If Proposals 3 and 4 are approved, we will acquire 31.37% of the currently outstanding common stock of Draco from Metawise. Following the closing, we will be a minority, non-controlling shareholder of Draco, with Metawise continuing to own the majority of Draco. The terms of the Share Exchange Agreement do not prohibit Metawise from issuing additional shares of Draco in future periods for valid corporate purposes, such as capital raising, joint ventures and similar transactions. In that event, our overall percentage of holdings would be diluted. Under generally accepted accounting principles we will only report net income (loss) equal to our proportional share of Draco, up to the maximum amount of our equity investment. If our overall percentage of ownership interest in Draco was to be diluted, these amounts would be proportionally reduced. In addition, if Mr. Songqiang Chen is elected to our Board at the 2014 Annual Meeting, as the Chief Executive Officer of Metawise it is possible that events may occur in the future which in which the best interests of that company are not the same as ours. There are no assurances that any future conflicts of interests which Mr. Chen may face will be resolved in a manner which is favorable to us.
http://ih.advfn.com/p.php?pid=nmona&article=63974497
There appears to be massive dilution taking place on ECIG
When will the ECIG dilution cease?
Operational Management at Woulfe Mining Corp.
Mr. Sang Bum Lee
Position: President of Sangdong Mining Corporation
Mr. Lee has over 30 years of experience in the non-ferrous metals (zinc, lead and precious metals) industry gained in Korea, Australia, Europe and the United States in various technical roles that include project engineering, construction project management, and business and technology improvements, as well as general management.
Since completion of his bachelor of engineering (major: metallurgical engineering) at the Korea University in South Korea, Mr. Lee has enjoyed a successful career spanning 30 years with Korea Zinc Co. Ltd., a South Korean company which supplies approximately 10 per cent of the world's demand of zinc metal products and also one of the largest non-ferrous metals producer in the world. Mr. Lee held various positions ranging from process engineering, plant construction, production management and commercial management to, most recently, managing director and chief executive officer of Sun Metals Corp. Pty. Ltd., a wholly owned Australian subsidiary of Korea Zinc.
http://www.woulfemining.com/s/Management.asp
Operational Management at Woulfe Mining Corp.
Mr. Sang Bum Lee
Position: President of Sangdong Mining Corporation
Mr. Lee has over 30 years of experience in the non-ferrous metals (zinc, lead and precious metals) industry gained in Korea, Australia, Europe and the United States in various technical roles that include project engineering, construction project management, and business and technology improvements, as well as general management.
Since completion of his bachelor of engineering (major: metallurgical engineering) at the Korea University in South Korea, Mr. Lee has enjoyed a successful career spanning 30 years with Korea Zinc Co. Ltd., a South Korean company which supplies approximately 10 per cent of the world's demand of zinc metal products and also one of the largest non-ferrous metals producer in the world. Mr. Lee held various positions ranging from process engineering, plant construction, production management and commercial management to, most recently, managing director and chief executive officer of Sun Metals Corp. Pty. Ltd., a wholly owned Australian subsidiary of Korea Zinc.
http://www.woulfemining.com/s/Management.asp
Additional Woulfe Mining Contact Information
Note: If you're calling from northeastern U.S. or Canada there's a 13 hour time zone difference in South Korea.
TO ALL MEMBERS OF THIS MESSAGE BOARD WHO OWN SHARES OF WOULFE MINING:
If you are trying to call/email the Toronto or Vancouver numbers/addresses for Woulfe and are getting nowhere.
Please call the Sangdong Mining Corporation from Canada or USA at the following phone number: 011-82-33-378-2001, they SPEAK ENGLISH VERY WELL.
If anyone feels left in the dark regarding the current status of the company.
Feel free to call anytime during South Korea working business hours Monday through Friday. There is a 13 hour time zone difference so you may need to call late in the evening. Ask for Mr. Sang Bum Lee or the Assistant Manager.
GLTA longs.
Cheers!
Additional Woulfe Mining Contact Information
Note: If you're calling from northeastern U.S. or Canada there's a 13 hour time zone difference in South Korea.
TO ALL MEMBERS OF THIS MESSAGE BOARD WHO OWN SHARES OF WOULFE MINING:
If you are trying to call/email the Toronto or Vancouver numbers/addresses for Woulfe and are getting nowhere.
Please call the Sangdong Mining Corporation from Canada or USA at the following phone number: 011-82-33-378-2001, they SPEAK ENGLISH VERY WELL.
If anyone feels left in the dark regarding the current status of the company.
Feel free to call anytime during South Korea working business hours Monday through Friday. There is a 13 hour time zone difference so you may need to call late in the evening. Ask for Mr. Sang Bum Lee or the Assistant Manager.
GLTA longs.
Cheers!
Woulfe Mining Shareholder Communications
Nick Smith
Mobile phone +1 (415) 595-0865
Woulfe Mining Shareholder Communications
Nick Smith
Mobile phone +1 (415) 595-0865
IMC ~ International Metalworking Companies
IMC International Metalworking Companies B.V. (Iscar Metalworking Cos. or the IMC group of companies) is one of the world's largest companies for metalworking products. As part of Berkshire Hathaway, IMC operates Iscar, TaeguTec, Tungaloy, Ingersoll and more in over 50 countries. IMC member companies have secured management control over themselves. Today, IMC has 140 subsidiaries in 65 countries.
http://en.wikipedia.org/wiki/International_Metalworking_Companies
IMC ~ International Metalworking Companies
IMC International Metalworking Companies B.V. (Iscar Metalworking Cos. or the IMC group of companies) is one of the world's largest companies for metalworking products. As part of Berkshire Hathaway, IMC operates Iscar, TaeguTec, Tungaloy, Ingersoll and more in over 50 countries. IMC member companies have secured management control over themselves. Today, IMC has 140 subsidiaries in 65 countries.
http://en.wikipedia.org/wiki/International_Metalworking_Companies
Dundee Sustainable Technologies Inc. Obtains 96.1% Gold Recovery from Concentrate
Noteworthy information regarding this new technology that Dundee Sustainable Technology has developed. Perhaps this is why Mr. Goodman is heavily invested in gold because he knows how important this new technology is. The new tech could be used on Woulfe's Muguk gold mine in South Korea in order to obtain an extremely high gold recovery percentage rate. Dundee is helping Woulfe's tungsten project proceed so it can achieve maximum efficiency when the tungsten mine goes into full scale production. Plus IMC is still in negotiations with Woulfe Mining to finalize the strategic agreement. Woulfe's competition will not stand a chance against this dream team. Ned Goodman's Dundee Corporation, Warren Buffett's company IMC (International Metalworking Companies) and Korea Zinc are some of the big names supporting the Woulfe Mining tungsten project.
http://www.stockhouse.com/news/press-releases/2014/09/11/dundee-sustainable-technologies-inc-obtains-96-1-gold-recovery-from-concentrate
International Metalworking Companies
IMC International Metalworking Companies B.V. (Iscar Metalworking Cos. or the IMC group of companies) is one of the world's largest companies for metalworking products. As part of Berkshire Hathaway, IMC operates Iscar, TaeguTec, Tungaloy, Ingersoll and more in over 50 countries. IMC member companies have secured management control over themselves. Today, IMC has 140 subsidiaries in 65 countries.
http://en.wikipedia.org/wiki/International_Metalworking_Companies
Read more about WFEMF at:
http://www.stockhouse.com/companies/bullboard/c.wof/woulfe-mining-corp
Dundee Sustainable Technologies Inc. Obtains 96.1% Gold Recovery from Concentrate
Noteworthy information regarding this new technology that Dundee Sustainable Technology has developed. Perhaps this is why Mr. Goodman is heavily invested in gold because he knows how important this new technology is. The new tech could be used on Woulfe's Muguk gold mine in South Korea in order to obtain an extremely high gold recovery percentage rate. Dundee is helping Woulfe's tungsten project proceed so it can achieve maximum efficiency when the tungsten mine goes into full scale production. Plus IMC is still in negotiations with Woulfe Mining to finalize the strategic agreement. Woulfe's competition will not stand a chance against this dream team. Ned Goodman's Dundee Corporation, Warren Buffett's company IMC (International Metalworking Companies) and Korea Zinc are some of the big names supporting the Woulfe Mining tungsten project.
http://www.stockhouse.com/news/press-releases/2014/09/11/dundee-sustainable-technologies-inc-obtains-96-1-gold-recovery-from-concentrate
International Metalworking Companies
IMC International Metalworking Companies B.V. (Iscar Metalworking Cos. or the IMC group of companies) is one of the world's largest companies for metalworking products. As part of Berkshire Hathaway, IMC operates Iscar, TaeguTec, Tungaloy, Ingersoll and more in over 50 countries. IMC member companies have secured management control over themselves. Today, IMC has 140 subsidiaries in 65 countries.
http://en.wikipedia.org/wiki/International_Metalworking_Companies
Read more about WFEMF at:
http://www.stockhouse.com/companies/bullboard/c.wof/woulfe-mining-corp
Alibaba IPO is 'OVERHYPED' Mark Mobius
http://news.yahoo.com/video/alibaba-ipo-overhyped-mark-mobius-073312188.html
Chinese government to tighten control of tungsten mining
BEIJING (Metal-Pages) 19-Sep-14. Players in the Chinese tungsten market are expecting to see effective government policies next year after...
http://www.metal-pages.com/news/story/82647/chinese-government-to-tighten-control-of-tungsten-mining/