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Is this pos ever going to trade again?
listen to the sound of the e c h oooo
If they have offices or reps in other countries, and if so where?
Gimme a spliff of what you smokin.
On Nov. 1, you posted -
"2. They have stated that they expect fiscal 2011 revenue (ending March 2011) to be in the $20-$24M range. This is described in the fiscal Q1'10 CC. I estimate the this will translate to diluted EPS of $0.25/share with $22M in revenue. That gives them a forward PE of roughly 5."
Yesterday, 5 weeks later, you arrived at -
"I think EPS of $0.40 in calendar year 2010 is quite possible."
Is that what is referred to as "irrational exhuberance"? lol
You missed the one thing that is the major turn-off = Crane!
He no longer has the respect on a significant swing of posters on IH, so no matter what he says, folks just yawn.
For example, with LPIH, he announced a CC, then cancelled.
With SBAY, he announced a road show, then cancelled.
From JB
"I certainly want to clear the air about one question. We did not and DO NOT hire stock promoters. Our stock now has the interest and investment from institutional funds, not retail. That is where this activity is coming from. No stock promoters, just good old fashioned Funds. They couldn't get in before and now we cont...rol our business model unlike most other public companies."
"As well, we did NOT pay the wallstreetreporter. Someone just asked. They called me and asked to do the interview. I asked how much and he said free - no censoring or nonsense. So I agreed to the interview. (This question came from another stock promoter)."
http://www.johnbordynuik.com/how-it-works/the-process
"Read the tape: A tape can be read in about 15 minutes, during which time we capture a digitalized image of the tape signal and ensure that all data is preserved. Each of our custom hard drives automatically reads the RFID tag on each tape and then loads, reads, and unloads the tape, allowing one operator to oversee 18 hard drives at one time and process 700 reel to reel tapes per shift."
From FB posting -
"I've got to get back to work guys -- we are running three shifts now."
700 tapes x $22 x 3 shifts x 5 days = $231,000 per week
Is my math correct??
Oh - I see I forgot to include the text with the $18. I meant $18 for the sports fundraising PakIt kits that are being produced.
Even discounting P2O, and Javaco, $1 for Pakit and $1 for tape business, is enough reason to own the stock. I would be interested in seeing them breakout the 4 operating segments on their quarterly reporting.
The interview said "90 employees" - that's a serious payroll!!
Vacancy for Captain of an Oil Tanker!
http://www.johnbordynuik.com/content/careers
I'm in for a minute 6K @.62, so I can ignore it. Of course, when Fernando says jump, you respond how high? lol. Perhaps Liu resigned, because the company could not get its direction - "Due to the uncertainty of the direction of the National Medical Policy, the Company decided to make certain changes to the operation of its business in the second half of 2009 which included shifting its focus from the wholesale sector to the retail sector of its business. The Company will readjust its operations and sales strategy accordingly once the direction of the National Medical Policy becomes clear."
On the other hand, "Since last year, the Company has added products with higher profit margins to our operations to increase our gross profit, such products including cosmetics and certain health and organic products. Management believes that the addition of such products will increase our overall gross profit in 2009 and the next few years. Management believes that our sales and gross profit margins will improve with better economic conditions in 2010."
For such a small $value stock, one quarter can produce a complete turnaround. Perhaps a couple of negatives may yet make a positive, in that the maximum OS would be 62M, from which an R/S can be done. As the great English poet Alexander Pope said, "Hope springs eternal in the human brest."
CYXN..correction to post 15315
Overstated by non-controlling interest amount of $670,747
so that would make last 2 months $2,392,347 ??????
Mortage rates cannot be allowed to rise.
CYXN
On April 12, 2008, we entered into a second amendment to the Share Exchange Agreement (“Second Amended Exchange Agreement”) with Yongxin, effective November 16, 2007, to reflect that the Company in fact desired to acquire from the Yongxin shareholders, and Yongxin shareholders desired to sell to the Copmany, only 80% of the equity interest of Yongxin in exchange for the issuance by the Company of an aggregate of 21,000,000 shares of newly issued common stock and 5,000,000 shares of Series A Preferred Stock to the Yongxin shareholders and/or their designees. The Series A Convertible Preferred Stock is convertible over a 3 year period, into up to 30 million shares of common stock.
The conversion formula is conditioned on the Company earning no less than $3 million of net income in for the fiscal year ending December 31, 2007; $4 million of net income in the fiscal year ending December 31, 2008 and $5 million of net income in the fiscal year ending December 31, 2009.
As of 9/30/09, net income for the 9 months was $1,936,906 so I guess the assumption is they have already made over $3,063,094 after 2 months of Q4?????
So sit back and think about it, in the whole Empire of China, for company S to be able to operate, they MUST give away 50% of their income, to the ONLY 2 ENTITIES IN CHINA that can keep them alive!!! And as far as the last piece of PR is concerned, who does Crane think he is going to fool, with misleading about a) retaining the entire $120.00 and b) 100 % penetration of all SME's in the province - that guy really has a couple of loose screws. But, I continue to hold.
JADA... here are extracts from 2 results of the google search "british columbia jade".
1) Every year British Columbia mining companies extract 200 tons of jade from the province's harsh northern terrain, making it the world's largest supplier of the precious green stone. Almost all BC jade is shipped to China where an affluent new middle class has an insatiable appetite for a stone strongly tied to Chinese mythology. The high quality jade is used not only for ornamental purposes but is also used in the making of tiles, which are translucent, durable and attractive. With an almost inexhaustible supply of high quality jade, British Columbia will continue to lead the world jade market for years to come.
2) Jade West is the world's largest producer and exporter of nephrite Jade, operating three mines located in Northern British Columbia, 100 miles east of the Alaskan Border. During a short summer mining season, when the area is free from snow, Jade West annually mines 100 tons of jade for export to China. Jade West is also the exclusive supplier of the newly discovered POLAR JADE, described by FRED WARD in the Lapidary Journal, November 1998, as, "the newest, brightest, most translucent, greenest, hardest nephrite yet discovered." .
The best jade from each season is selected for jewelry and sculptures created by some of the world's master jade carvers. Other jade is selected for making souvenir products and collectibles. All of these products are available exclusively through The JADE MINE, the wholly owned subsidiary of Jade West. Although a duty free item to the United States, jade is shipped from the Jade West warehouse in Washington State to avoid delays in shipping.
Jade in rough form is stored at the company's warehouse near Vancouver, Canada.
The tests showed that the cattle preferred the Livestock Feed manufactured by the Company over all other competing brands.
That really cracked me up....lol...sounds like superior cows with high IQ's.
Exercisable at $2.40, but callable when PPS hits $3.50 for 20 days. Don't think we have long to wait. There is also this -
Make Good Escrow Agreement
In connection with the Purchase Agreement, the Company also entered into a Make Good Escrow Agreement dated as of November 30, 2009 with the Buyers and Escrow, LLC (the “Escrow Agent”), where the Company committed to place 2,080,000 shares of Common Stock into escrow to be delivered to the Buyers if the Company fails to achieve the income targets as set forth in the Purchase Agreement. A form of such Make Good Escrow Agreement is filed herewith as Exhibit 10.2.
Delivery of additional shares of Common Stock to the Buyers on a pro rata basis for no additional consideration in the event that the Company’s income from operations for each of the fiscal years ending December 31, 2009 and 2010 is less than $4,500,000 and $7,000,000 respectively, which number of shares should be equal to the percentage of variation between the actual net income and the target net income, provided that no additional shares shall be delivered to the Buyers if such variation is 10% or less;
CPQQ....howdy Traderfan
The filing is out, and there's no need to be alarmed.
1) The buyer is Barron's.
2) The warrants are exercisable if the price hits $3.50 for 20 days.
I am still holding!!
The one thing I can't figure out, is that reference to 20.1M outstanding - it seems that the 2007 offering of 4,021,900 has vanished into thin air, unless there was some arcane mumbo jumbo derivatives accounting - "In connection with the conversion, the Company recorded a deemed dividend of $2,193,483 for the beneficial conversion feature embedded in the preferred stock."
What does "licensed mix product" mean ???
NOTE G – LICENSE AGREEMENT
On September 1, 2009, the Company entered into a license agreement for selected food products with Paula Deen Enterprises, LLC. Paula Deen Enterprises, LLC., agrees to license the Paula Deen name, likeness, and trademarks to Quality Food Brands (QFB), a subsidiary of the Company for use solely in connection with such production, marketing and sales until August 31, 2019. QFB paid an upfront fee of $50,000 upon signing and a monthly royalty equal to 15% of the net sales from all licensed spice products, and 6% of the net sale of all licensed mix product sales of QFB customers. Starting March 2011, there will be a minimum monthly royalty fee of $18,750.
That's 6 bottles - any idea what the retail is on them??
Dayoucun, may yet turn out to be a monster hit! Let's hope so.
Here are some bios.
http://en.wikipedia.org/wiki/Wang_Baoqiang
http://en.wikipedia.org/wiki/Alex_Fong_(actor)
http://info.stareastnet.com/News/2009/09/28/StarNews57143.html
Probably activity due to promotion.
http://stockpromoters.com/prom.asp
Company: Red Branch Technologies Inc.(RBTI)
--------------------------------------------------------------------------------
End of Day: Close: 0.059 Volume: 41,567,896
Change: -0.101 % Change: -63.125
$ Volume: 2,452,505.864
--------------------------------------------------------------------------------
3 Month : High: 0.160 Volume 3m : 1,420,510
Low: 0.020 % Change 3m : 8.466
$ Volume 3m: 91,691.156
--------------------------------------------------------------------------------
Compensation: COOL PENNY STOCKS - twenty thousand dollars
Hototc.com - one hundredthousand dollars
StockRich.com - one hundredthousand dollars
Stock Egg - one hundredthousand dollars
CAVO possibly?
The Michael T. Studer outlined in this opinion, is not someone I would care to do business with.
http://www.sec.gov/litigation/opinions/34-50543.htm#P59_2449
Please re-read, CCGY changed auditors, while CKGT is still with Studer.
Auditor
On April 15, 2008, China Clean Energy reported it was changing auditors from Michael T. Studer CPA P.C. to Moore Stephens Wurth Frazer and Torbet, LLP.[1] Controversy surrounding the reliability of the previous auditor may have been central to this decision.
On February 18, 2008, Barrons reported:
" One auditor of Chinese companies like China Clean Energy (CCGY) and China Kangtai Cactus Biotech (CKGT) is Michael T. Studer of Freeport, N.Y. In 2006, during an inspection, the PCAOB found "deficiencies of such significance that it appeared...the Firm (Studer) did not obtain sufficient competent evidential matter to support its opinion on the issuer's financial statements." Moreover, in 2004, the National Association of Securities Dealers expelled Studer's firm and barred him from association with any securities firm."
http://en.wikipedia.org/wiki/China_Clean_Energy
That's just the problem I have with some news stories - what has that got to do with a company making mining equipment for use in Chile, Brazil, Australia, China, India, etc, and not so much as a screwdriver for use in the Middle East.
SBAY - Crane maintains batting average!
In response to the IR website invitation, I signed up for the San Francisco gig on Dec 4 - response rec'd today -
I regret to inform you that we must postpone our Subaye presentation until sometime in January. In the meantime we would like to invite you to visit www.subaye-ir.com to get background information on the remarkable performance of Subaye, Inc. We will notify you or the new dates as soon as possible.
Thank you for your interest,
Chuck
Subaye, Inc.
VP Business Development
781-862-2465
SBAY - Crane maintains batting average!
In response to the IR website invitation, I signed up for the San Francisco gig on Dec 4 - response rec'd today -
I regret to inform you that we must postpone our Subaye presentation until sometime in January. In the meantime we would like to invite you to visit www.subaye-ir.com to get background information on the remarkable performance of Subaye, Inc. We will notify you or the new dates as soon as possible.
Thank you for your interest,
Chuck
Subaye, Inc.
VP Business Development
781-862-2465
"The purchase price was to be paid in installments: 30% within 30 days of signing the Agreement, and the remainder due to the Seller upon completing the handover procedure including completion of the registration (“approval”) of the sale in the land administration and other departments in the People’s Republic of China, which is expected to be completed in December 2009. The Company paid the initial 30% installment of 19,913,040 RMB ($2,920,845) to the Seller on September 17, 2009, leaving a remaining balance due of 46,463,760 RMB ($6,815,304) in unpaid Payable to Seller of land use rights at September 30, 2009 to be paid to the Seller upon receipt of approvals. These land use rights will be considered placed in service and amortization of this cost will begin to be charged to operations commencing December 2009 upon receipt of PRC approvals by the Company."
As of Sept.30.2009, Cash was $3,398,563, so they need to generate another $3,416,741 to pay off for this purchase - do you think AR collections, cash sales, and Seaside purchases will be able to cover this and operating expenses?
Remember, the previous purchase went through 'chop chop' - signed Wednesday Sept 30, and by the following Friday Oct 9, was registered.
SBAY
from looking at the IR site, it seems that the road dates may be www.virtrius.com
Boston - 11/30/09
New York - 12/2/09
Chicago - 12/3/09
San Francisco - 12/4/09
Los Angeles - 12/7/09
So looks like Crane's other company is doing the IR.
Road show seems to be signing up at www.virtrius.com
Boston - 11/30/09
New York - 12/2/09
Chicago - 12/3/09
San Francisco - 12/4/09
Los Angeles - 12/7/09
XODG - October 5, 2009 press release
“Through this new relationship with Normande Lighting, Xodtec hopes to successfully introduce its indoor LED lighting products to a host of new potential customers at Sears, Costco, Lowe’s and Bed Bath & Beyond,” stated Curtis Su, Chairman of Xodtec Group USA, Inc. “This relationship may also give the Xodtec Group USA, Inc. a tremendous selling advantage over its competition and could make Xodtec’s products more available in the United States.”
October 15, 2009 press release
“One of the key components of this relationship with Sunmax is Xodtec’s reliance on the support of Sunmax’s distribution channels which will be introducing our indoor LED lighting products into popular stores including Home Depot, Menards, Costco, Lowe’s, Ace, Do it Best and True Value,” stated Curtis Su, Chairman of Xodtec Group USA, Inc. “These are well-known brands in the U.S. and we believe this relationship will give Xodtec Group USA, Inc. a tremendous selling advantage over our competitors and opens doors to previously unavailable markets. Customers will have greater access to Xodtec’s products and experience the advantages that traditional lighting cannot provide.”
They formed 2 relationships to go after Costco and Lowe's?
PIEX
The South Erin Block is comprised of approximately 1,350 acres in southwest Trinidad, which is about 40 miles southwest of the Port of Spain and approximately 18 miles southwest of San Fernando. This largely unexplored farm out block is west of and adjacent to the Erin/Palo Seco oilfield, which has produced over 200 million barrels of oil. This new 1,350-acre block is part of the productive Southern Basin of Trinidad that forms part of the prolific Eastern Venezuelan Basin.
On July 9, 2006, Macallan Oil and Gas Inc. and partners “the partners” announced the drilling of the first discovery well on the South Erin Block, Trinidad. The well, ER-98, was targeted to drill into the Middle Cruse Prospect and to test two other secondary targets, the Lower Forest ‘A’ and ‘C’ sands.
November 20, 2008 Pioneer enters into Material Definitive Agreement to acquire 125,000 shares of Macallan Oil & Gas Inc. is a private Barbados company. Macallan Oil & Gas Inc has a 39% revenue interest (after payout) in an oil discovery in Trinidad Tobago. The 125,000 Shares being acquired by Pioneer represent 2.1% of all of the issued and outstanding shares of Macallan Oil & Gas Inc.
The question is, what is that 39% relative to, since -
MXMSF.PK
Oil - The South Erin Block, Trinidad: Maxim Resource’s main focus is the 1350-acre South Erin Block of Trinidad, which is a largely unexplored block situated in the prospective Southern Basin of Trinidad that forms part of the prolific Eastern Venezuelan Basin. The block is reportedly estimated to contain reserves (NI 51-101 compliant) of 725 thousand stock tank barrels. (MSTB) The Operator has logged off 12 million barrels on the Joint Venture Block (2.5 million barrels recoverable at 18%) Maxim currently maintains a net revenue sharing agreement which provides for Maxim to receive 69 per cent of 90 per cent of net revenue until return of its original investment of approximately $4.2-million, after which the net revenue drops to 41 per cent of total net revenue.
PIEX
The South Erin Block is comprised of approximately 1,350 acres in southwest Trinidad, which is about 40 miles southwest of the Port of Spain and approximately 18 miles southwest of San Fernando. This largely unexplored farm out block is west of and adjacent to the Erin/Palo Seco oilfield, which has produced over 200 million barrels of oil. This new 1,350-acre block is part of the productive Southern Basin of Trinidad that forms part of the prolific Eastern Venezuelan Basin.
On July 9, 2006, Macallan Oil and Gas Inc. and partners “the partners” announced the drilling of the first discovery well on the South Erin Block, Trinidad. The well, ER-98, was targeted to drill into the Middle Cruse Prospect and to test two other secondary targets, the Lower Forest ‘A’ and ‘C’ sands.
November 20, 2008 Pioneer enters into Material Definitive Agreement to acquire 125,000 shares of Macallan Oil & Gas Inc. is a private Barbados company. Macallan Oil & Gas Inc has a 39% revenue interest (after payout) in an oil discovery in Trinidad Tobago. The 125,000 Shares being acquired by Pioneer represent 2.1% of all of the issued and outstanding shares of Macallan Oil & Gas Inc.
The question is, what is that 39% relative to, since -
MXMSF.PK
Oil - The South Erin Block, Trinidad: Maxim Resource’s main focus is the 1350-acre South Erin Block of Trinidad, which is a largely unexplored block situated in the prospective Southern Basin of Trinidad that forms part of the prolific Eastern Venezuelan Basin. The block is reportedly estimated to contain reserves (NI 51-101 compliant) of 725 thousand stock tank barrels. (MSTB) The Operator has logged off 12 million barrels on the Joint Venture Block (2.5 million barrels recoverable at 18%) Maxim currently maintains a net revenue sharing agreement which provides for Maxim to receive 69 per cent of 90 per cent of net revenue until return of its original investment of approximately $4.2-million, after which the net revenue drops to 41 per cent of total net revenue.
LPIH
"Operating expenses for the three months ended September 30, 2009 amounted to $545,000 as compared to $2.17 million for the three months ended September 30, 2008. The decrease of $1.62 million, or 75%, was primarily due to the curtailing of administrative costs in order to focus resources on the new Gujiao facility's buildout."
The Queen's english is continually expanding.
"The average sales price per metric ton of product the Company sold was $1,142 and $1,014 during the three months ended September 30, 2009 and 2008, respectively."
"The average cost basis per metric ton of product the Company sold was $913 and $780 during the three months ended September 30, 2009 and 2008, respectively."
So the 2009 spread is $229, vs the 2008 of $234.
Has anyone actually seen a 10Q?
Matt Hayden of HC International, their IR folks, also took 50K shares.
I'll take the ride on Barron and Hayden coat tails.