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This is to every shareholder who has assets with or is going to purchase equity in this company.
This is straight from the BK court itself.
It States:
Case 09-23658-EPK Doc 108 Filed 09/09/09 Page 3 of 16
The Assets include, without limitation, all licenses. intellectual property, domain names, websites, inventory, accounts receivable, fixed assets and the Seller's interest in the nonresidential real property lease at 70 Lake Drive, East Windsor Township, New Jersey. A detailed listing of the Seller's inventory, accounts receivable and fixed assets were provided in Exhibits A through C of the LOI, which was attached as Exhibit A to the Bid Procedures Motion.
4. Importantly, the following assets (the "Excluded Assets") shall be excluded from the Sale: (i) the Seller's cash or cash equivalent prior to the closing; (ii) any claims and/or causes of action the Seller may have against third parties, including, without limitation, commercial tort claims and chapter 5 causes of action; (iii) any and all shares in QualTech International Corporation; QualTech International Acquisition, Corporation; QSGI-DPV Inc.; QualTech Services Group, Inc.; QualTech Services Acquisition, Corporation; QSGI-CCSI, Inc.; and Contemporary Computer Services, Inc.; (iv) any and all assets in QualTech International Corporation; QualTech International Acquisition, Corporation; QSGI-DPV Inc.; QualTech Services Group, Inc.; QualTech Services Acquisition, Corporation; QSGI-CCSI, Inc.; and Contemporary Computer Services, Inc.; (v) all prepaid corporate expenses; (vi) all corporate assets of QSGI, Inc. as a parent company, including, without limitation, insurance policies, including, without limitation, general liability and directors and officers insurance policies and any proceeds thereof; and (vii) the corporate shell of the Seller.
5. The Notice of Bid Procedures attached hereto as Exhibit "A" is APPROVED in its entirety.
6. The deadline for all parties to complete due diligence is September 18, 2009.
7. All Qualified Bidders shall be required to submit Qualified Bid Packets to the Debtors and Victory Park on or before 5:00 p.m. on September 18, 2009.
As a shareholder I could care less if they sold the summer house with the gold plated urinal to settle the debt. What we as Shareholders should look at is that the Companies shell is not to be sold. That means Shell commons and preferred are EXCLUDED ASSETS. Period.
This is what HDOGTX has stated all along. The shell is what Krusecom wants and has had it excluded from the process.
And for those who say that the creditors have not been given opportunity (except Riconda) should look at items 5-7. They had to have their packets in last year in order to receive compensation.
For those who know BK processes, Companies file these due to not able to pay all of the debt, so the Debtors have to settle for pennies on the dollar or appeal.
Riconda wanted the CCSI stock. And now he is going to get it in five days if both parties do not appeal the exchange.
I wish you the best in all your endeavors. Time to go talk to grownups, tired of talking sesame street.
Here is my last post to lost and confused in Ihub World.
1. No one said they are not still in BK. Period.
2. The 8K shows where the last creditor to be satisfied and the largest, is Riconda. period.
3. All parties have right to Appellavi to the decision made.
4. Riconda wants those shares and not a settlement. Why? because he knows he can get far more for those shares than what the debt is worth. And if CCSI does not satisfy the debt, he can sue the officers, Not QSGI because he covenanted that he affirms no right in QSGI or what it may or will become.
5. You harp on one agenda unsecured debt. So what. IF Riconda thought he could not get his money for the shares he originally gave QSGI, he would of appealled, or will appeal the decision. He has five days to appeal.
6. The stock has moved over 4000% in two days and has kept its high PPS even on a friday.
7. Go back to WAMUQ. If you want in, pay the ask price. Stop trying to get others confused as to your true intentions.
Here we go into kidee language.
IFFFFFFFF YOOOOOUUUUUU WOOUUUULLLLLLLLDDDDDDDDDDD Read what I wrote it states specifically the unnnnnnnnSSSSSEEEEECCCCCCCUUUUURRRRRRREEEEEEEDDDDDDDDDDDDD debt is there and iffffff CCSI does not satisfy the debt, then Riconda can go to court and sue the officers named, not the entity or what it becomes for the remainder of the debt.
Please go get your GED.
Lets try this again in seseme street language.
The court ordered QSGIQ to hand over all shares in CCSI ten days following the court approval order. The Stock is said to be worth Ten Million dollars. (it is now on the grey market at .0001 and worth a little over $2,000 according to pinksheets). Riconda wants to get it trading again. IF CCSI does not satisfy the total debt, then Riconda has the right to sue the officers, not the entity for payment. This is what unsecured means. Riconda does not get any real property in QSGI, or if it merges into Krusecom. Is the debt still there, Yes. Does it hurt the company in moving forward or emerging from BK. NO! If you look at the relief sought in this case, this is by the far the largest settlement and the final hurdle to emerge from BK. It is now up to QSGI and Riconda to accept the deal or to plead Appellavi.
If both sides approve and no appeal is set forth then:
Riconda will only have the legal opportunity to seek relief in ad judicium against the officers of QSGI named in the court papers not the entity itself. This is Tort law not criminal.
This Deal is/was the final hurdle to approving the total BK plan. If you would of read items A-I you would see that the creditors are being satisfied and the Court has approved those settlements. Does this mean they have been paid. You or I will not know when they are to be paid, just the amount owed and who will be the payee.
The PR dated 21 July 2010 states specifically 7-11's in the southwest and california not the east coast as of yet.
Calvin Ross has been working diligently over the past two and a half weeks to interview and carefully consider the make-up of the company's new management team. Ross said, "Our new CEO and a new COO will be announced next week. In addition to the new distribution network we'll be using for our brands, our new COO brings with him strong distribution channels as well. He has us negotiating the final price schedule to place our products with more than 800 franchisee 7-11 owners throughout Nevada, Arizona and California.
The PR does not state where in the east coast that the product will be distributed. Could be Gas station companies, like AM/PM, The Pantry, etc, etc,.
Your brother as a franchise owner cannot order merchandise that has not been approved by the 7-11 company headquarters. That is like saying a burger king franchise owner can sell Mcmuffins just because it is a hot seller at the moment.
Corporate headquarters approves all merchandise for sell in a franchise. Tell your brother to call his regional manager and have them request from corporate to stock and distribute the merchandise. Have you ever worked for a franchise and had to arrange your store according to corporate, if you do not follow the bylaws,corporate can shut your doors.
The reason that the franchise owners in the southwest and california is preparing to stock and sell HFBG merchandise is twofold. 1. HFBG manufacturing is in the west and it is cost effective at this time to hit localities with your own distribution channel. This saves money and time sending product from factory to shelf. Cuts out the middleman 2. In order for HFBG to realize profit for distance distribution they have to have incoming monies quickly. Local distribution does this.
IMO: I believe that the east coast will see limited runs in select stores. 30,000 cases spread out is small. Example: North carolina alone has over 7,000 franchise, and individually owned stores. That would equal roughly 4.285714 cases per store. That is only north carolina.
The PR states:
In HFBG's upcoming distribution, Atomic Dogg Super Soda and Grand Ma Ma's Sweet Southern Tea will be sent to such areas as North Carolina, Virginia, West Virginia, Maryland, New York State, as well as all of New York City, Texas, Washington, D.C., Connecticut, Illinois and Michigan just to name a few.[/b] Ross said, "We'll be getting great coverage with this distribution and getting our brands to different states and different distribution locations at supermarkets and into the box stores in our extensive distribution network."
So lets give them time and distance for now. They are doing what they are doing and everyone complaining is not going to make the PPS rise.
Where does it state QSGI. It states Krusecom. Are you trying to confuse others?
Data Center Hardware
KruseCom sells refurbished enterprise-class hardware for significantly less than the cost of new hardware. It also provides consultation to help clients make decisions about changes to their hardware environment so they may maximize output while minimizing total cost of ownership. As the world leader in refurbishing and remarketing zSeries mainframe hardware, KruseCom also offers refurbished distributed servers, tape and SAN storage and many other peripherals which it also remarkets around the world.
The court has not approved of the plan as of yet. It has been rescheduled for September. In the plan it does not say that the Shares will be liquidated. In fact it sheds some light on the operation as a whole.
According to the last 8K dated 30 Jun 2010, Penn traffic has over 28 million dollars in cash (next to the last page). The 87 million dollars from the selling of assets (stores) is being held in escrow for future payment and receiving massive interest.
The total outstanding debt is just over 76 million dollars (going off court records). In each 8K Penn Traffic has been paying down those debts with the operation cash from cointinued operations, not the monies received from selling stores. This is good news. Lets see if there is anymore good news.
Lets go over a few details to this plan.
1. We are in class 4. under the BK plan it states we will not be reimbursed under this plan. Case in point. Shares are the last reference to liqidate to satisfy the debt. Real property (sell of stores) will first be exhausted to satisfy the debt. If this fails to payoff all debt, cash holdings will be next. last will be the liquidation of shares to pay off creditors with claims. Under every Chapter 11 restructuring plan the shareholders are the last if any to get compensated. This is only standard boilerplate lawyer speak in all BK proceedings. Under this plan there is no plan to liquidate the companies but to recombine them back into Penn Traffic PTFC. See below
4.4 Treatment of Equity Interests (Class - 4).
On the Effective Date, the Equity Interests in the Debtors shall be canceled and extinguished, and the holders thereof shall not be entitled to receive any Distributions on account of such Equity Interests. On the Effective Date, the Debtors shall issue a single Equity Interest to the Plan Administrator.
And the consolidation of equities into one debtor
6.2 Substantive Consolidation of the Debtors.
(a) On the Effective Date, the Debtors shall be deemed to be substantively consolidated. Any claim
against one or more of the Debtors shall be treated as a single claim against the consolidated estate of the Debtors
and shall be entitled to a distribution under this Plan by the Plan Administrator only with respect to such single
claim. However, the substantive consolidation provided for herein, shall not affect the obligation of each and every
one of the Debtors under 28 U.S.C. § 1930(a)(6) until that Debtor’s particular Bankruptcy Case is closed or
dismissed.
(b) Unless the Bankruptcy Court has ordered substantive consolidation of the Bankruptcy Cases before the Confirmation Hearing, the Plan will serve as, and will be deemed to be, a motion for entry of an order substantively consolidating the Bankruptcy Cases. If no objection to substantive consolidation is timely filed and served by any holder of an Impaired Claim or Equity Interest on or before the deadline for submitting objections to the Plan or such other date as may be established by the Bankruptcy Court, an order approving substantive
consolidation (which may be the Confirmation Order) may be entered by the Bankruptcy Court. If any suchobjections are timely filed and served, a hearing with respect to the substantive consolidation of the Bankruptcy Cases and the objections thereto will be scheduled by the Bankruptcy Court, which hearing may, but is not required to coincide with the Confirmation Hearing.(c) The Debtors reserve the right at any time up to the conclusion of the Confirmation Hearing to
withdraw their request for substantive consolidation of these Bankruptcy Cases, to seek Confirmation of the Plan as
if there were no substantive consolidation, and to seek Confirmation of the Plan with respect to one Debtor even if
Confirmation with respect to the other Debtors is denied or delayed.
Does this mean when the BK is over in october we start trading? I can only speculate that PTFC will lose the Q and restructure the business plan with the companies they consolidate.
I am e-mailing the litigators to clarify paragraph 4.4. It reads as equity interest is to be cancelled and only one equity interest shall be deemed intact. I believe that if you read the 8K it states penn traffic consolidated as an entity on financials. Since they have consolidated as stated in Paragraph 6.2, it is safe to assume that the single equity interest that will be intact is PTFC. When this single equity interest is handed over to the administrator it can start trading again as long as a 211c is sent to the Market makers and the SEC to resume trading.
In My Opinion, this plan reads as that those with equity interest in the subsidiary companies will lose.
court case Address: http://www.donlinrecano.com/dr201/penn3/Consolidated%20Chapter%2011%20Plan%20of%20the%20Debtors.pdf
In Lawyer speak, revocations were issued to everyone except two. DMXC is one of the exceptions. DMXC filed their cause for relief and it was granted. This means a formal hearing is required. These proceedings are only a formality used to clean up garbage stocks that no longer sell and is an empty shell. The SEC receive thousands of complaints on empty shells being manipulated in Ponzi like schemes every year.
DMXC will resume trading once hearing is over. Why I say this is due to a real company being in the shell not an empty shell. The SEC will clear them immediately after the hearing. It will probably take a couple of days to get the MM's to resume trading since the order must be sent to each MM seperately.
It is another slow day here in HFBG land. I understand everyones mistrust in what is happening. I will try to address some of the issues everyone seems to have.
1. The May PR stated they did not sell shares to secure funding for the three production runs. Yes the next day the A/S was raised. This is due to stock issues being handed to entities for further financing of additional production. The PR stated three runs were funded and financed without stock sells.
You have to understand that with distribution channels opening and with final price negotiations with over 800 7-11's, it will take more than 30,000 cases to satisfy all avenues of distribution. If you read further Pr's they are trying to secure an additional manufacturing site to further increase production. This takes financing they do not have. Shares must be either given to fiance companies or diluted into the open market to secure funding. I would rather the company dilute them into the open market to us long shareholders rather than have these shares given to some LLC, or financing company that would dump massively when it suits them.
2. Certifications for Kosher cannot be altered or forged. This is a federal offence punishable up to 10 years in prison and or $250,000 fine for each offence. The certs tell me that they have approved Kosher and it cost money to get approval like this. It is not free and it is a yearly expense.
3. Ingredients cost money, Manufacturing cost money, Bottles cost money, Advertisement cost money, etc, etc, etc. I see that HFBG is keeping everyone informed and is on schedule for product to be in stores by august. This does not mean instant revenue, but it does mean that consumers will now be the final verdict if this company is to succeed. I have been talking to others about Atomic Dogg and showed them pictures of the can. Over 90% responded positively to the advertisement and said they would try it when it is available.
4. Flippers and swing trader bought millions of shares leading up to the distribution news. After the news they dumped. This is not all company. On wednesday over 97 million shares were bought. This was same flippers and swing traders trying to reach .001, and found out it would not so they dumped on thursday. I do not believe that it is the company Diluting all these shares. Is dilution going on, yes, but the company would not kill the PPS (due to business model being sold to the investor), flippers would.
I am frustrated also but at these prices I do not understand the complaints. This will go up. The cheapies will be no more.
Let me help you understand english. In BK speak it is saying that Riconda has been given exclusive rights to the stock in CCSI in exchange for the secured debt in QSGI. The CCSI stock total worth is 10 million dollars according to the 8K. This is why JR wanted the stock in exchange for not sueing QSGI. This motion was granted on the approval order.
b.
Notwithstanding Section 2(a) above or any other provision in this Agreement to the contrary,, in the event the Bankruptcy Proceeding is converted or dismissed pursuant to Section 1112 of the Bankruptcy Code, this Agreement shall not be subject to any contingencies, and QSGI shall cause all possession, right and title to 100% of the capital stock of CCSI to be turned over to Riconda within ten (10) calendar days from the date such conversion or dismissal is entered by the Bankruptcy Court. If any such order is appealed, QSGI shall cause all possession, right and title to 100% of the capital stock of CCSI to be turned over to John Riconda within ten (10) calendar days from the date such order becomes final and no longer subject to review or appeal.
section 2(a) is only saying that each party will abide by the approval order, not appeal it unless QSGI shows good faith in an appeal pleading with Riconda approving such pleading.
Where your little mind is confused is that you are not reading paragraph C and D.
Riconda made a covenant with the QSGI that they cannot hold the company liable even when QSGI reemerges from bankruptcy into a new entity. Further JR cannot hold shares hostage, common or preferred but holds specific entities (Named Officers) liable if certain conditions of the covenant is nullified. The court awarded JR the right to sue in another forum without holding QSGI liable in this court. This means when QSGI merges with Kruse, it will be clean a clear and Riconda will not have any exclusive right to it. Riconda wouild only sue IMO if CCSI does not clear away the debt. That will be another stock to watch.
d. Riconda shall support and not object to any plan or proposed plan of reorganization for QSGI filed in the Bankruptcy Proceeding, even if in said plan he receives disparate or different treatment than other similarly situated creditors of QSGI. Riconda noting that he will not receive a cash payment on his unsecured claim or equity in the re-organized entity, should the same be offered to other unsecured creditors. Further, Riconda covenants and agrees, and it is his intent, that he shall not, under any circumstances, including by way of execution, have direct, indirect or beneficial claims, rights or interests in and to the Debtor, the reorganized or successor to the Debtor or have direct, indirect or beneficial rights as a holder of equity in the Debtor, the reorganized Debtor or any successor entity to Debtor.
I have only 30000
Jerry I fully agree. Dilution is a hard pill to swallow. This company only stated they were fully funded for the initial production and when they had limited distribution. Now with a major network and hundreds of stores in the pipeline, more money is needed for additional runs and more marketing campaign ads. It will cost in the short run and it sucks, but I believe that this company will reward the shareholders when they are profitable and successful.
This is the reason I bid sit. Yes I bid sit because MM's will get to you when buying pressure is non exsistent. On wednesday during the run I bought 6's on the ask almost three million shares. Yesterday I bought on the Bid one million shares because Dilution showed up early. I will continue to bid sit unless buying pressure shows again.
I believe that this company is aggressively trying to market their product. If you are old enough to remember a presidential race did not cost as much to run and the candidates actually had to show their strengths to the public. Today, Money and campaign slogans are the ingredients for a successful bid. This last presidential election from the very first campaign ad until inauguration cost over 1 billion dollars.
If you look at the companies website you will see that they are in campaign overdrive. This is the major cost in any business operation. Second the product must deliver the hype. HFBG has the right tools but until I taste one of their products I cannot say anything.
I will continue to buy, but after I buy I will walk away from computer until bell closing. This stock can cause you to go postal sometimes.
Hello Jerry:
Right now it is about operating capital. They have none without diluting (dumping). The products are coming on line and distribution channels are setup. This is where real moniers is needed. The first production run was done without diluting according to their May PR. This second run to reach a wider distribution network is going to come at a cost. The PR for over 800 7-11s alone would be at 50,000 cases (minimum) for a three month supply and stock for distributors to keep demand in line with production.
The ingredient purchase order is for 10,000 gals, red, 40,000 gals flavor and 1,083 pounds powder (Dry weight) for atomic dogg.
That is one huge first production run.
Example: 1oz of atomic dogg powder is used to create 16.9 ounce can that would be a run of of about 17328 cans of atomic dogg.
Remeber this is a test run.
The ad campaigns alone is what is costing the investor. We are the ad campaign. We help generate revenue by buying the nstock that is diluted into the market. This keeps the PPS level. I believe that .0004 or .0005 will be the support level until profit comes in. Flippers and traders will play with it until hard numbers on production, distribution, sells, and repurchase orders are set in stone. Once profitability is seen, major investors and market makers.
I agree that it is a bellyfull when you are down on points. Just a quick understanding here.
1. The company upped its A/S to 4.6 billion last month. I have been following this stock for sometime and finally pulled the trigger two days ago. The increase is to ramp up production. It will cause the PPS to flucuate and eventually go down. The trip 000 range is not where people like to see their PPS when they bought higher, but this company is starting to make good on its commitment to get product out the door and onto shelves. The old guard did not have a distribution plan, the new guard does. I guarantee that product is already sitting at the distributors and probably some is on the shelves in select areas.
2. Averaging down on empty shells and scam companies is never a good idea. I believe that this company has something going but will take time to profit from its new business model. I personally sit on the bid and one tick down from bid (if someone gets fed up and sells market not limit) when dilution is going on. Saavy investors do this because they know the MM's will go where the money sits when buying pressure is non-existent.
3. It will take time but I do believe you will get your money back and then some. The products they are sending into the market has certain demographics in mind. It is all about individuality and style now. Sometimes a product can taste like S%it (not saying these do) and still sell due to its popularity among certain groups.
4. I am holding long. Repurchase orders and endorsements are the key now.HFBG is entering a market heavy with image drinks. Monster is reimaging itself, rock star is trying new marketing techniques to re image itself. Atomic Dogg is the new kid with a catchy name and cool logo. I believe HFBG has a winner with this in the energy drink department because it will sell into demographics who will embrace it. HFBG is selling into a tea market where competition is fierce. Lipton came out with green tea and white tea (health nuts) and it skyrocketed, HFBG has a new product that is aimed at tea drinkers who like sweet tea and will have to sell into that market by creating a whole new product with taste and respect. I believe if they revamp the formula to add flavinoids or add a green tea derivative it can sell into the health industry that is a multi-billion dollar a year market.
Lets see if their business model they are now following comes to fruition. I believe it will.
Jabird:
you have to understand. This company is doing what it said it will do. There is no incoming profit as of yet. We the in vestors are making it happen by purchasing shares. This is how a company with something going for it (a good business model) has to survive until it becomes profitable. I will continue to buy in this range. I believe later this year or next it will pay off. If some here are wanting a quick 1000%, sell your shares to me. I will not hide my true intentions. I will buy your shares on the bid until I see profitability and dilution has stopped.
For those wishing for a major run in the coming days, sell now and get out. If you are a major investor and did your DD, you will keep buying on the bid like me because this stock is going to go in the future.
I am holding long here. And I hope it stays in this range for some time. I will keep buying (I was the only one million buy yesterday morning). I know what it takes to start a company from the ground up. Investors are keeping this operation afloat until profitability comes around. Then the company rewards investors with more stock or percentage dividends of the profit.
When you have a major selloff on the bid, that is the company selling into the market to keep operations afloat (Dump or dilution whatever makes you comfortable) unless some here buy high and sell low. I understand dilution or dump and will let others understand this is not an overnight process. It will take time to get profitable. The 30,000 case run is a test run. A company always tests a product in certain demogaphics to see if it is responsive to consumer demand or needs to be tweaked. As I said the repurchase orders will tell the tale.
The printing machine ran out of ink. Today was dump, dump, and dump. This company has not one cent in profit yet. It will continue to dump until sometime next year or run out of printing paper. Why you ask? They have positive news. News does not sell to major street investors. The reason I say this is due to the next paragraph on why they will not stop dumping until they are profitable.
Example: 30,000 cases sold at $24.00 a case = $720,000. This is what the stores will get (minus operating cost, etc, etc, etc) Halloffame beverages will only see as an approximate not exact about $200,000 (gross). Why you ask? first they are the producers, not the manufacturers, not the distributors, not the sellers. Mark-up is the game in a capitalist society. HFBG will probably get about $.66 cents per bottle (average not exact) they sell to the distributors and direct store purchases. After that, the distributors mark up to the sellers, and the sellers mark up to you the consumer. and Viola! $1.50 a bottle. (Depending on location $1.50 is a variable not a constant)
HFBG purchases ingredients and sends them to be manufactured along with the bottles that have to be manufactured. Trucks send the final product to warehouses. Freight trucks send the product to the distributors, on, and on. After said cost are deducted the first 30,000 cases profit will be nil. Major repurchase orders in the 100,000 case range plus will bring in major players.
I can say all day long that I have positive flow of information to give to my investors but it does not mean anything when the next day you dump over 120 million shares. It will take about a year to see if a profit can be made.
I have read some of the posts here and some make sense, and some just do not do their homework.
1. Biagio Cru IS NOT the object here, the distributorship is.
2. Mr. Restivo is a pointman for getting the Product from factory to store shelf.
3. Production levels from the company and product endorsements from distributors is the key to increased profit and PPS, not hype or flips.
4. It takes time to get product out the door onto distributor trucks and having stores wanting to sell the product. It does not matter that Mr. Restivo knows the distributors, it is the distributors themselves that is the key players here.
How many here have walked into a bar and seen the cool Beer logo signs and banners. That is distributors promoting the product they distribute. HFBG has to have distributors wanting to promote their product because they will not promote something they cannot profit from.
Mr. Restivo has connections to these distributors. He can talk them into a limited trial run on promotion to see if the product can sell. I would guarantee that the first run is a trial run to see where the product is and what needs to be modified. So do not put your rest on first production, look at the product endorsement and the placing in the stores. This will tell you how much distributors believe it will sell.
The repurchase orders is the key. For example if a store orders 15 cases during the week and it sells at least half to 2/3rd of their inventory they will reorder the following week more product. I believe the first quarter of next season will be the key to seeing if the company is profiting from increased production.
I will give you a product that was made and then pulled for lack of sells and distributors stopped promoting it. It was called Kickapoo joyjuice. It tasted like Mountain dew. It ran during the mid 70's for three years until it was pulled from shelves due to lack of profitability.
Stores nowadays want something eye catching and has a flashy name. Atomic Dogg with its label is both of them.
The final key is the consumers. With the flashy package and name will the taste and/or price kill it or send it skyward?
DOES THIS BOTHER YOU. PLEASE STOP USING CAPS AND BOLD. YOU CAN SCAM AND PUMP WITHOUT IT. THIS IS GETTING OLD FAST. IF YOU WANT SOMEONE TO HEAR YOU, STATE SOMETHING THAT IS FACT NOT, JMO OR OTHER JIBBERISH.
Dude stop the .10 cent routine it is getting old. You post that crap on every stock. Bold and in caps too.
Thanks for the info. will keep on watch.
I am thinking about joining the party but according to the state of nevada IDGI is in default. In two months they get revoked unless they update their status. Will this happen?
Heys guys and gals:
I was thinking about joining the party until I saw the amendment dated 1 July upping the A/S to 3 billion. Good luck tommorrow.
It seems that you have FDMF sewn up. Keep up the good work.
Thank-you for such kindness. You must be a hoot at parties.
I only see here a T/A play. If you want to debate the merit of a penny stock and its long range objectives, go look at how many of these companies make it to the otcbb board and even fewer to the nasdaq.
Play the hype, sell the news. Wash, rinse, repeat.
BYSD pinch play. As for now this stock is a pure T/A play. It looks to go anytime. If the trading is heavy for today 100%+ profit is not out of play. Yesterday this stock did 67%.
BYSD on a bounce. Last week heavy trading along with the DOW losing massive points has this stock just waiting. Dilution is not happening here. Charts showing huge pinch play about to happen.
I believe that this stock will bounce this week. The charts are showing a leveling off. Last week the market took a big hit. The futures this week look good since the new quarter has begun and everyone knows the end of June is usually a selloff week along with employment forecasts being bleak.
If you tip alot and lose at stocks it is a sign of not knowing limitations. By the way thanks for the tips.
I am little truck that beep-beeps to the bank on someones tips.
Funny that there is no financials since 2008, then all of a sudden an 8K talking about the resignation of their CEO.
I smell another P/D time. Funny the same people are strangely at the place where stocks seem to magically jump without any real news, just rumors. Some will say do your DD. I did and it tells me new bagholders will be born on tuesday.
your an ID-10T
I agree that the charts look like they can pop but this stock if it was doing great things would not have fallen 99%. Avalon is none other than AOGN. You need to go to their board and see what is happening.
I bought here at .001 two days ago made some money and bought in lower. I am playing the bounce all the way down like others. This is why the charts say what they say. Bounce, bounce, bounce. I am saying do not place hope on this going anywhere. Just play the bounce and not think long.
Yes that is true but what has happened? The stock HAS been going straight down. Dilution only works best when buyers are present. As you see friday they were still diluting to the point of almost 1 to 3 buy/sell ratio and on small trading.
You never crash your PPS to near nothing on good news or doing something behind the scenes. This stock is non-reporting and has been going down ever since their last news flash in Feburary.
This guy has been out of office for a week now. Will not answer e-mail or phone calls. Dodging the bill collector routine or the angry investor. A CEO should answer for what his or her company is doing. No news in 4 months (the last few news bits are more about Avalon) means this pig is dead. R/S it move on.
I see that you wrote that you are going to get as much as you can and the stock only did a little over three million at .0003. that equals in my book about $1000.00.
This pump is a laugh riot. Some third world stock pumpers with bad english.
Think we could make a movie about it and call it Pumper-humpers, or pump me I'm naughty. I crack myself up.
I see your english is vury baat. I have seen better pumps on an 80 year old hooker.
It has went from .03 in early june down to a low of .0006 and the company keeps selling. The 3.4 billion shares is par .0001 so what does that tell you. Dilute to .0001 then R/S.
The news on BYSD from feb 2010 onward is about Avalon. If you go to avalon IHUB board you will see that they are just as angry.
Feburary is the last news from BYSD according to their website. Right around the time the PPS start to go south.
I will be alerting the SEC about possible manipulation on the stock. If a pattern exists that purposely deceives the shareholder then the copmpany can be investigated further.
A product can be submitted for testing in any country at either the behest of the company trying to sell a product (i.e, get endorsement to secure contracts and credit) or a country specifically requests it. Testing is not selling. And if you read the P.R. and the endorsement letter from a kuwaiti chemist Al-Shammari you will see it was a controlled test.
Second a chemical being manufactured in the states needs a MSDS (Material Safety Data Sheet). Either OSHA website or MSDS online has every MSDS on every chemical. I did not find one for KC-9000. Yes KC-9000 has a chemical name but is presumed to be selling under its brand name, just like drug makers sell their product under a brand name not its chemical name.
I am trying to understand where this company is trying to head. Now on pinksheets.com they have went from limited information to no information.
The radio interview was purposely dodgeful on many subjects because it could be used against the company if a statement was false and the shareholders decided to sue later on.
So you tell me who am I to believe?
Hello There:
The product could (emphasis on could) take two years two approve. It does not mean that it will. Some products get fast tracked if they are feasible and show that they have no known toxic chemicals that could pose a hazard to the health of humans, animals, and certain plant life.
Just because KC9000 could work now does not mean it could not pose a danger to the eco-system later on down the road such as getting into the food supply. Thee EPA has to see that it has no long term effects and poses no danger. Yes the oil poses danger but it has not been refined with chemicals as of yet so poses short term effects if handled properly. Prudhomme Bay is looking better since Exxons mishap. It will take time but for right now KC9000 will not be used even if it is sent to stage four until it can prove it does not pose a health risk.
I agree. There has been no EPA approval that we know of. FDMF had a private Lab do the initial tests not an EPA Approved Lab.
KC9000 cannot be exported to overseas companies unless it has approval by the federal government and has been deemed safe by the EPA. This means no export license issued for overseas contracts. This will place any contract on the back burner for a while since it can take up to two years for approval.
I have also noticed that KC9000 has not been the topic of concern as of late. It has been the oil wells they have an interest in. If I look at all the news articles published here it is about KC9000 supposedly making revenue not the oil interests. Why is the topic sliding away from KC9000 to oil interests for revenue?
I have noticed that some here say they believe in Brian's plan for the company but refuse to place an order higher than the current bid. If they believed in it and tout it, they would be buying at the ask and steadily, not waiting until it falls 75% to buy and flip.
Some here believe that brian has a solid financial background. I believe this, but to hide the true A/S, O/S, and the Float from investors and say trust me, I see Enron all over this. A true fiscal responsible company knows that transparency is the key to trust. I have yet to see any responsibility financially or otherwise.