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In fact many lawyers are paid by agreement at an hourly rate plus expenses. Others have their firms bear to costs of suing and going to trial for a percentage of any winnings. Do you really know what the arrangement was in APII's suit. I don't and I think your make an assumption that is possibly not valid.
--------------------------------------------------------------------------------
You lovers of the English language might enjoy this . . .
There is a two-letter word that perhaps
has more meanings than any other two-letter word, and that is "UP."
It's easy to understand UP, meaning toward the sky or at the top of the list, but when we awaken in the morning, why do we wake UP? At a meeting, why does a topic come UP? Why do we speak UP and why are the officers UP for election and why is it UP to the secretary to write UP a report?
We call UP our friends. And we use it to brighten UP a room, polish UP the silver, we warm UP the leftovers and clean UP the kitchen. We lock UP the house and some guys fix UP the old car. At other times the little word has real special meaning. People stir UP trouble, line UP for tickets, work UP an appetite, and think UP excuses. To be dressed is one thing but to be dressed UP is special.
And this UP is confusing: A drain must be opened UP because it is stopped UP. We open UP a store in the morning but we close it UP at night.
We seem to be pretty mixed UP about UP! To be knowledgeable about the proper uses of UP, look the word UP in the dictionary. In a desk-sized dictionary, it takes UP almost 1/4th of the page and can add UP to about thirty definitions. If you are UP to it, you might try building UP a list of the many ways UP is used. It will take UP a lot of your time, but if you don't give UP, you may wind UP with a hundred or more. When it threatens to rain, we say it is clouding UP. When the sun comes out we say it is clearing UP.
When it rains, it wets the earth and often messes things UP.
When it doesn't rain for awhile, things dry UP.
One could go on and on, but I'll wrap it UP, for now my time is UP, so............ Time to shut UP.....!
Oh...one more thing:
What is the first thing you do in the morning & the last thing you do at night? U-P
The organization headed by Verges (NMKT) will be in charge after the deal is done. It will take time to complete this merger and in the original news release from the company announcing this preoposal it was indicated that closing would be expected in March.
Very well stated with one minor exception. Naked shorting in Canada was stopped a few years ago. Today the locatioon of many naked shorters is Spain,the Isle of Man and Germany. In particular the German Bourse considers nakeed shorting to be legal. U.S. Government tried to intervene in this situation but were rebuffed.
When the new NMKT shares are issued they will be in exchange for registered shares on the books of the transfer agent. That requires the CUSIP number on each certificate to be validated. Narked shares have no such number so the supposed owner will not recieve anything-remember he really doesn't hold anything. Although this merger shall eliminate the existing naked short overhang it shall still be possible that nakerd short positionms in the newly issued stock could appear.
You betcha!. Icahn is a very succesfull investor-rarely does not get what he works for.His 14% stock ownership pretty well assures he shall meet his goal and profit enormously. He does not go for "little" profit.
SPOOKY FRIDAY
Friday the 13th is here,
and it's no ordinary Friday the 13th !
Why ?
let's add up the digits of today's date:
October 13, 2006 = 10/13/2006
1+0 + 1+3 + 2+0+0+6 = 13
Spooky, don't you think ?
This makes today a very significant day.
The last time this happened was
Friday, January 13, 1520!
You must have forgotten. ICahn is a common long shareholder just as you and I. He will move for his own benefit and I fort oner am willing to have him drag me along. What,s good for him is better for me.
The company has announced several times they are not considering a reverse split. I agree that such a move could qualify them for a listing but I don't believe they could retain same for very long.The p[roposed plan has much more in ikt for current shareholders than you evidently fail to grasp.
Please define a reverse merger. I've never heard of one. PV is proposing a merger -no reversing anything in this strategy
Not at all. The news rease said the NMKT name would be retained.This merger will rersult in old registered shares being cancelled and new shares issued in their place. Short and naked short positions will be wiped out for these shares bear no cusip and the transfer agent will only distribute the new shares (after the merger)to shares that show up on his books.
You are missing the main reason for this move. It is not share price but rather to wipe out all the shorted naked shares. Naked shares do not have a cusip number so when conversion takes place they become worthless. With thess gone the share price will rise to its true market value.
A Political Confrontation???
Click here: http://i.euniverse.com/funpages/cms_content/13180/HillaryCondi_HoDown.swf
Orlando firm plays tough for toy distributor
Posted October 12, 2006 on Orlando Sentinel
Here's a new slogan for Orlando law firm Morgan & Morgan: For the Toy People. The firm helped toy distributor Action Products International win a $5.1 million jury verdict on Monday in a case against a Hong Kong toy company. Action Products claimed in a lawsuit filed in a state circuit court that Hong Kong-based Lung Choeng International Holdings violated a confidentiality agreement and consulted with a former Action Products executive when it purchased Kid Galaxy, a developer of Bendos toys. The firm representing Lung Choeng is also a familiar name around town: Lowndes, Drosdick, Doster, Kantor & Reed. The firm plans to appeal the verdict.
Main motivation is to get off the OTCBB. Perfect sense.
Been expecting this move for quite some timee.
Didn't the news announcement say that the New Market Technology name would be retained after the merger??
NewMarket Technology, Inc. Announces Shareholder Town Hall Meeting for Independently Listed Chinese Subsidiary With $20 Million Annual Revenue
Meeting to Present Business Plan and Pending Reorganization of Chinese Subsidiary Into Intercell International, Inc. to Shareholders
DALLAS, TX--(MARKET WIRE)--Oct 11, 2006 -- NewMarket Technology, Inc. (OTCBB:NMKT) today announced a shareholder town hall meeting specifically for its Chinese subsidiary. The meeting will be held November 16, 2006, in Denver, Colorado.
As previously announced, the shareholder town hall meeting for the parent Company, NewMarket Technology, is scheduled for December 7, 2006. The agenda and details for the NewMarket Technology town hall meeting will be announced next week, which will include discussions of the business plan for 2007 to build revenue to $120 million, as well as the recently announced letter of intent (LOI) with Action Products International, Inc. (NASDAQ:APII) that was announced yesterday.
Naked, Short, and Greedy
Oct. 11, 2006
http://www.faulkingtruth.com/Articles/Investing101/1067.html
Thursday, October 12, at 1:00 PM EST, I will be doing a special edition of The Faulking Truth on CFRN.net. My guests will be Overstock CEO Patrick Bryne and Dr. Susanne Trimbath, an economist with operations management experience at the DTCC and the Pacific Clearing Corporation. We will discuss the topic of stock market fraud and recent events that have occurred in the industry, and we’ll talk specifically about the October 19 conference that both Bryne and Trimbath will participate in entitled “Naked, Short & Greedy: IS WALL STREET ABUSING THE PRACTICE OF SHORT-SELLING STOCKS?” The show will be available for download at http://www.streetiq.com/dir/CFRN.shtml after the show. Out of over 25,000 podcasts on StreetIQ.net, CRGN is now the number two most popular show, beating out Jim Cramer’s Real Money and Kudlow and Company.
Next week, on Thursday, October 19, STP Advisory Services, LLC will be hosting an event to raise awareness about stock market fraud that, if successful, could be the first of similar events held throughout the country.
To read this article in its entirety, go to:
http://www.faulkingtruth.com/Articles/Investing101/1067.html
This article is also posted on Mark Faulk’s blog at The Sanity Check, along with an excellent comment section, at:
http://www.thesanitycheck.com/Blogs/MarkFaulksBlog/tabid/86/Default.aspx
For more information about next week’s conference, or to go to secure, on-line registration: www.stpadvisors.com/events.html
Subject: Teacher arrested
NEW YORK -- A public school teacher was arrested today at John F.
Kennedy International Airport as he attempted to board a flight while
in possession of:
1. A ruler
2. A protractor
3. A set square
4. A slide rule
5. A calculator
At a morning press conference, Attorney General Alberto Gonzalez
said he believes the man is a member of the notorious Al-gebra
movement. He did not identify the man, who has been charged by the
FBI with carrying weapons of math instruction.
"Al-gebra is a problem for us." Gonzalez said. "They desire
solutions by means and extremes, and sometimes go off on tangents in
search of an absolute value. They use secret code names like 'x' and
'y' while referring to themselves as 'unknowns', but we have
determined they belong to a common denominator of the axis of
medieval with coordinates in every country. As the Greek philanderer
Isosceles used to say; "There are 3 sides to every triangle".
When asked to comment on the arrest, President Bush said, "If God
had wanted us to have better weapons of math instruction, He would
have given us more fingers and toes.
Icahn will do what is best for Icahn. But remember he ,like we lonngs is a shareholder. Ergo-he makes out then so do we.
NewMarket Technology, Inc. Completes Sale of Medical Office Software, Inc. to VirtualHealth Technologies, Inc. for $3 Million
Incubation Business Model Gains Traction as Company Realizes 100% Equity Appreciation in 3 Years on Medical Office Software Investment
DALLAS--(BUSINESS WIRE)--NewMarket Technology, Inc. (OTCBB:NMKT) today announced the sale of its subsidiary Medical Office Software, Inc. (MOS) to VirtualHealth Technologies, Inc. (OTC:VHGI) for $3 million in stock and debt. Over two years ago, NewMarket Technology acquired controlling interest in MOS for $550,000. Since the acquisition, NewMarket has invested approximately $1 million into MOS as part of the Company's incubation process.
"The sale of MOS is an important milestone for NewMarket," said Philip Verges, CEO of NewMarket Technology, Inc. "We are introducing a new incubation process with long term sights on all together changing the industry's current approach to high tech research and development. The sale of MOS with a 100% return on investment is a small scale validation of our new incubation process, but a validation nonetheless. It is one of our earliest initiatives started just after the Company had reported $2.3 million in annual revenue. We reported $50 million in profitable annual revenue in 2005 and plan to report over $70 million for 2006. We expect to demonstrate an even larger scale validation of our incubation business model with the soon to be announced reorganization of our Chinese operation into an independent public listing."
In addition to the subsidiary sale, NewMarket will also provide ongoing support services to Medical Office Software as well as its new parent company VirtualHealth Technologies, Inc.
About NewMarket Technology Inc. (www.newmarkettechnology.com)
NewMarket Technology Inc. is a Systems Innovation Company. NewMarket has combined a traditional systems integration and support services capacity with a specialized asset-based approach to assisting its clients with the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions to include Microsoft (Nasdaq:MSFT), Cisco Systems (Nasdaq:CSCO), Hyperion Solutions (Nasdaq:HYSL) and SAP (NYSE:SAP). Concurrently, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket's emerging technology portfolio includes products for the Telecommunications, Healthcare, Homeland Security and Financial Services industries. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. As a Systems Innovator, NewMarket has set itself apart from the systems integration market through the introduction of a technology business model that monetizes the value of emerging technologies to improve corporate profits and enhance shareholder value with the regular issue of dividends. NewMarket ranked Number 13 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on the percentage of revenue growth over five years from 2000-2004. NewMarket's revenue increased 18,082 percent during this period. The financial results achieved have been three years of rapid, profitable growth from $2.3 million in revenue in 2003 to over $50 million in 2005.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
I'll check with Icahn before answering.
This post ranks at the top of the most ridiculous list of messages ever posted to a message board.
What's Your Advice?
Dear Abby,
I am a crack dealer in Bradenton who has recently been diagnosed as a carrier of the HIV virus. My parents live in a suburb of Tampa and one of my sisters, who lives in Sarasota, is married to a transvestite. My father and mother have recently been arrested for growing and selling marijuana and are currently dependent on my other two sisters who are prostitutes in Miami.
I have two brothers. One is currently serving a non-parole life sentence at Stark for murder of a teenage boy in 1994. The other brother is currently being held in the Manatee County Jail on charges of neglecting his three children.
I have recently become engaged to marry a former Thai prostitute who lives in Jacksonville and, indeed, is still a part-time "working girl" in a brothel.
My problem is this: I love my fiancé and look forward to bringing her into the family and of course I want to be totally honest with her.
Should I tell her about my uncle who voted for Bush?
Signed,
Worried About My Reputation
TWO ARAB MOTHERS
Two Arab Mothers
Warning: Very dark humor.
Two Arab mothers are sitting in the Gaza strip chatting over a pint of goat’s milk. The oldest mother pulls her bag out and starts flipping through pictures, and they start reminiscing.
“This is my oldest son Mohammed. He’s 24 year old”, says mum.
“Yes, I remember him as a baby” says the other mother gleefully.
“He’s a martyr now though” mum confides.
“Oh dear?” says the other
“And this is my second son Kalid. He’s 21”
“Oh, I remember him,” says the other happily, “he had such curly hair when he was born”.
“He’s a martyr too “ says mum quietly.
“Oh gracious me ..” says the other.
“...and this is my third son. My baby. My beautiful Achmed. He’s 18”, she whispers.
“Yes” says the friend enthusiastically, “I remember when he first started school”.
“He’s a martyr also,” says mum, with tears in her eyes.
After a pause and a deep sigh, the second Arab mother looks wistfully at the photographs and says, “Its amazing, they blow up so fast, don’t they?”
Read This For Sale Ad
$10,000
06' Suzuki GSXR 1000
Farmington, UT 84025 - Aug 7, 2006
2006 Suzuki 1000. This bike is perfect! It has 1000 miles and has had its 500 mile dealer service. (Expensive) It's been adult ridden, all wheels have always been on the ground. I use it as a cruiser/commuter. I'm selling it because it was purchased without proper consent of a loving wife. Apparently "do whatever the f*** you want" doesn't mean what I thought. Call me, Steve. (801)867-8292
A Special Birthday This Week...
Can you believe it? Monica Lewinsky turned 31 this
week. It seems like only yesterday she was crawling
around the White House on her hands and knees.
They grow up so fast!!
HOW TO INSTALL A HOME SECURITY SYSTEM
1. Go to a second-hand store and buy a pair of men's used size 16-18 work boots.
2. Place them on your front porch, along with several empty beer cans,
a copy of Guns & Ammo magazine and several NRA magazines.
3. Put a few giant dog dishes next to the boots and magazine.
4. Leave a note on your door that reads:
Hey Bubba, Big Jim, Duke and Slim, I went to the gun shop for more ammunition.
Back in an hour. Don't mess with the pit bulls -- they attacked the mailman this morning
and messed him up real bad.
I don't think Killer took part in it but it was hard to tell from all the blood.
PS - I locked all four of 'em in the house. Better wait outside.
If thge CEO did not communicate you'd complain
. When he does so you still complain??????
I can understand your position. Mine is based upon a real life situation. Afetr WWII ended I was stationed in England as a Col. in the U.S. Army. I commanded a detachement of our Defense Communications System and had to report to my next senior headquarters at Camp DeLoges in France. The location was about 15 miles siouth of Paris. Of course I became very familiar with the American cadre stationed ther ands was always amased at the incidents they siuffered at the hands of the French populace. Here we had recently liberated them and the paid us back by slashing tires on out cars when parked on the local streets,cursing at us in broken ountered them while walking or shopping in their tow. I could never understand this hatred and even today have a hard time with anything French. Vive La France--bull ----!
A Set Of Profound Observations
THINGS THAT ARE DIFFICULT TO SAY WHEN DRUNk
1. Innovative
2. Preliminary
3. Proliferation
4. Cinnamon
THINGS THAT ARE VERY DIFFICULT TO SAY WHEN DRUNK:
1. Specificity
2. Anti-constitutionalistically
3. Passive-aggressive disorder
4. Transubstantiate
THINGS THAT ARE DOWNRIGHT IMPOSSIBLE TO SAY WHEN DRUNK:
1. Thanks, but I don't want to have sex.
2. Nope, no more booze for me.
3. Sorry, but you're not really my type.
4. Taco Bell? No thanks, I'm not really that hungry.
5. Good evening, officer. Isn't it lovely out tonight?
6. Oh, I couldn't. No one wants to hear me sing karaoke.
7. I'm not interested in fighting you. Let's talk this out instead,OK?
8. Thank you, but I won't make any attempt to dance, I have no coordination.
I'd hate to look like a fool.
9. Where is the nearest toilet? I refuse to vomit in the street.
10. I must be going home now as I have to go to work in the morning.
Somehow I get the feeling that you agree with me--the French are really spaced out.
FDA Approves New Drug for Colorectal Cancer
The FDA has granted accelerated approval to Vectibix (panitumumab) for the treatment of metastatic colorectal cancer in patients who have progressed on standard chemotherapy.
The approval was fast-tracked based on results of a randomized, controlled trial of some 450 patients with metastatic colorectal cancer after undergoing chemotherapy. Overall survival was similar in the Vectibix and control groups. However, the mean time to disease progression or death was 96 days for patients receiving Vectibix compared with 60 days for those receiving standard care. In addition, 8% of patients receiving study drug experienced tumor shrinkage.
Vectibix is a human monoclonal antibody that binds to the epidermal growth factor receptor. Vectibix's manufacturer, Amgen, says will cost about 20% less than the colorectal cancer drug Erbitux (cetuximab) -- a recombinant monoclonal antibody that also interferes with epidermal growth factor. Erbitux costs about $4000 every 2 weeks.
FDA press release (Free)
Amgen press release (Free)
New York Times story (One-time registration required)
Read and get sick!
http://www.faulkingtruth.com/Articles/Commentary/1065.html
NASD Charges NevWest in CMKX Saga...Justice at Last?
By Mark Faulk
Sept. 26, 2006
In a saga that many thought was dead-on-arrival, the NASD today filed charges against NevWest Securities Corporation of Las Vegas, and company President Sergey Rumyantsev and Vice President Antony M. Santos. In charging the company and its officers with violating NASD's Anti-Money Laundering Rule, they stated that “between January 1, 2003, and May 31, 2005, NevWest failed to file Suspicious Activity Reports (‘SAR’), or cease trading in multiple accounts owned and controlled by JE, NevWest’s customer, regarding over 500 transactions, invo9lving over 250 billion shares of sub-penny stock issued by CMKM Diamonds Inc. (‘CMKX’) totaling over $53 million. In the 28-page complaint, the NASD also charged NevWest with failing to “adequately perform due diligence, file SARs, or cease affecting wire transfers involving $43 million through 139 separate wires from at least 28 of the accounts JE had opened at NevWest to various bank accounts.”
It was the first charges brought in a story that began in late 2002 (or even earlier including the earlier incarnation of CMKM Diamonds), and might have come to an end on October 28, 2005, when Administrative Law Judge Brenda Murray officially revoked CMKM’s (commonly referred to by its trading symbol CMKX) reporting status, after the company withdrew its appeal of Judge Murray’s initial ruling against the company for failure to file required financial reports with the SEC.
However, this was one company that simply refused to die. Bolstered by over 50,000 shareholders and an advocacy group begun by CMKX shareholder John Martin and represented by attorney Bill Frizzell, the CMKX Owners Group worked their way into the SEC hearings, and continued to press for action against the various people involved in what they perceived as a massive fraud extending into every corner of the financial market process, including not only numerous individuals who took advantage of a system rife with loopholes and poorly enforced SEC regulations, but implicating nearly every major brokerage firm in the U.S. and Canada.
Read the rest of this article at:
http://www.faulkingtruth.com/Articles/Commentary/1065.html
This article is also posted on Mark Faulk’s blog at The Sanity Check, along with an excellent comment section, at:
http://www.thesanitycheck.com/Blogs/MarkFaulksBlog/tabid/86/Default.aspx
"Aunt Minnie" is the name of a weekly newsletter that deals with the field of imaging. Each year they sponsor a contest to determine the best in various categories in imaging. One such is best new radioology device- here is what the voting todate shows
"Which company will take the award for Best New Radiology Device -- defending champion Siemens Medical Solutions with its Somatom Definition dual-source CT scanner, or Fuji Medical Systems USA with its FCRm computed radiography mammography system"
Should we expect newspaper advertising that protests this vote??
A B S O L U T E L Y
How all business phones should be answered...
GOOD MORNING, WELCOME TO THE UNITED STATES OF AMERICA.
Press "1" for English.
Press "2" to disconnect until you have learned to speak English.
--
***HAVE A SUNNY DAY****
Read-it will turn your stomach!!
http://www.faulkingtruth.com/Articles/Investing101/1066.html
Quick Change Artists from "Hey, I Have Talent!" Click on this link with sound ON:
Be patient as this takes a couple of minuets to download and is worth it.
http://www.youtube.com/v/RB-wUgnyGv0
This video is from a TV show where people said, "Hey, I have talent!" and judges would decide if they did or did not. When this couple did their act, there was no question. Everyone was floored. The video is about two minutes and includes some snappy music. Also, it will look much clearer if you don't run it full screen. The bigger the picture the fuzzier it will look. They put on an incredible act.
Good thoughts!
the word "and" separates two different areas of his responsibilty.Lets stop this nit picking nonsence