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In April of 2013, you posted the contact info in post #64,384 of Doug Nelkin. Not sure if he is the point of contact anymore, but feel free to share what you find out.
I haven't mastered cutting and pasting on this tablet, but go to post #64, 384 on April 26th by Paulness on this board and call the guy whose contact info is listed. He seemed to have a pretty good handle on what was going on. I'd be curious to know what you find out.
Hogger, why don't you call Doug Nelkin that Paulness referenced in his post the other day. You might get some questions answered. At this point, what do you have to lose.
Doug 203-668-4056
Wrong. Straight from the Voting Instruction Form.
"If no direction is made, this Voting Instruction Form will be voted "FOR" each of the nominated directors and "FOR" the remaining proposals."
I voted 380, 000 "FOR". I tried calling the law firm, and got no answers.
I finally got mine today. Who knows what the future holds for this company, but at this point we don't have much to lose, considering where we were 6 months ago. I'm not gettin excited about anything yet based on this companies track record. Hopefully this crew has a little more ethics than the last bunch.
I didn't get a letter either. Care to share the names being voted on for the board, and what these other topics are.
I never thought I'd see the day another CYGX stockholder meeting would be announced.
Outta atleast be some good reading learning about all the big developments that have occured over the last few years.
Good Luck
Has anybody who has talked with the company asked them if they plan on getting their financials current, or do they plan on staying on the grey sheets so they don't have to let the shareholders know what is going? I've been a stock holder for better than 12 years, and these guys don't have a very stellar track record. Would like to see them change their ways.
Good Luck
I'll wait for the Cliff Notes version. Holy Crap, I didn't think you could cut and paste that much on this forum.
This is about as close to an explanation as I could find.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56617833
Go and try and find the last time they (SLUP) reported any financials, and that outta give ya a clue on how this company has operated in the past.
There hasn't been a bid/ask on this stock for I would bet 10 years or more. Be nice to see a bid/ask on here one day.
I'm no accountant, but have written off crappy investments before, and I just wrote off the entire price you paid for the stock, and declared it a total loss. That way you still have your shares in case something does happen, but your cost basis will be zero. You can write off a maximum of $3K/year. I would've started writing this one off this year, but got schooled in leveraged ETF's earlier this year that got me my capital losses for this year.
Good Luck
Here you go.
Saw your post on the CYGX board last week. Care to share why you're so bullish on the prospects of this company?
http://dockets.justia.com/docket/new-york/nysdce/7:2011cv05920/383829/
Solucorp Industries, Ltd. et al v. Goldstein
Share |
Plaintiffs: Solucorp Industries, Ltd. and East Morgan Holdings, Inc.
Defendant: Michael Goldstein
Case Number: 7:2011cv05920
Filed: August 23, 2011
Court: New York Southern District Court
Office: White Plains Office
County: XX Out of State
Presiding Judge: Vincent L. Briccetti
Nature of Suit: Contract - Other Contract
Cause: 28:1441 Notice of Removal
Jurisdiction: Diversity
Jury Demanded By: None
Not to be outdone, the other side files suit.
Securities Fraud
MANHATTAN - Investors claim Solucorp Industries and others induced them to invest with false and misleading statements, and "withheld information about themselves and their track record in perpetrating frauds on investors."
Here are the defendants in the Solucorp complaint: Solucorp Industries Ltd., East Morgan Holdings Inc., London Ventures Capital Corp., Richard Runco, Richard Greene, Peter Mantia, and Joseph Kemprowski
Here it is again.....
Goldstein et al v. Solucorp Industries, Ltd. et al
Share|
Plaintiffs: Michael Goldstein , Goldstein Group Holdings, Inc. , Bernard Kahn and Jacob Weiss
Defendants: Solucorp Industries, Ltd., East Morgan Holdings, Inc., London Ventures Capital Corp., Richard Runco, Richard Greene, Peter Mantia and Joseph Kemprowski
Case Number: 7:2011cv06227
Filed: September 6, 2011
Court: New York Southern District Court
Office: White Plains Office
County: Rockland
Presiding Judge: Unassigned
Nature of Suit: Other Statutes - Securities/Commodities/Exchanges
Cause: 15:78m(a) Securities Exchange Act
Jurisdiction: Federal Question
Jury Demanded By: Plaintiff
If anything comes of this stock, it will be like finding free money. I've got zero faith in the people running this company.
Wonder how many shares are outstanding? Not that we have a way to find out, but w/ the tight trading pattern on this, seems kinda wierd that this thing only fluctuates about +/- $.04 on these 6 figure trading days.. Not really a traders dream.
EMHI Builds Infrastructure Seeking to Enter Energy Industry Emissions and Remediation Markets
Companies:East Morgan Holdings, Inc.Global Technologies Group, Inc.
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Symbol Price Change
EMHI.PK 0.24 +0.01
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Press Release Source: East Morgan Holdings, Inc On Thursday April 14, 2011, 3:07 pm EDT
FORT LAUDERDALE, FL--(Marketwire - 04/14/11) - East Morgan Holdings, Inc (Pinksheets:EMHI - News) reports that efforts continue to seek out energy industry and other manufacturing companies in need of the patented IFS-2c and other IFS Technologies, which are under an impending contract to be acquired from Solucorp Industries Ltd.
The number of companies which could utilize the IFS-2c and other IFS technologies and the annual size of the markets are staggering and in the billions of dollars annually. EMHI in conjunction with its consulting engineering company, MSE Technologies Applications, have successfully integrated the Company's IFS process technology into an energy company's product and expect to receive a $1.7 million intellectual property payout in 2011. Royalty payments of $1.5 million per year and chemical sales revenues are also expected to commence in 2011.
EMHI has been in negotiations with the U.S. military through its agent, retired Colonel Sandy Pogue, to infuse the IFS-2c coal burning power plant mercury and other metals remediation system into working power plants located at Forts Hood and Bliss in order to document the cost effectiveness associated with mercury removal from coal burning power plants stacks and reconfirm the remediation of the contaminated ash by-product. The process to integrate the system into the power plants has already been approved by the Council of Colonels at (Fort Hood), and the Army 3rd Core. Final approval is currently in the hands of Forscom Headquarters. Colonel Pouge has already informed us that Solucorp's Preferred Customer listings with all the branches of the Military are being re-activated and all energy related products and processes will be re-attributed to EMHI.
The IFS-2c has already proven its ability to remove both ionic and elemental mercury, sufficient to meet impending, stringent clean air regulations previously considered by the power plant industry as cost prohibitive and non-attainable. Tests were conducted by Energy & Environmental Research Center and Babcock and Wilcox and other prominent industry companies. The power plant air emissions remediation market in the U.S. is estimated to be about $15 billion annually and about the same in Europe.
On August 6, 2010 the EPA issued amendments to the Portland cement manufacturing regulations and new source performance standards. The amendment was set in place to reduce annual mercury emissions by an estimated 92 percent. Existing kilns must comply within three years of this rule. New kilns built after May 2009 must comply at startup or within sixty days after the rule is published. There are an estimated 181 Portland cement kilns that will be operating at 100 different facilities throughout the United States by 2013. The amended air toxic requirements will apply to 158 of those kilns. The cement industry is the third largest producer of mercury emissions in the U.S.
The Company through the use of its technologies has the ability to not only reduce elemental and ionic mercury in flue gas emissions, as discussed in a press release dated July 24, 2008, but it can also remediate any other heavy metal contaminated waste streams that are present. These technologies have already been proven extremely effective in coal-fired power plants. The Company intends to contact all of the cement plants affected by these regulations and is currently working with a cement plant to design a system, which will meet both the revised ash and impending air emissions regulations by injecting the IFS-2c technology into its manufacturing process.
EMHI intends to actively pursue its newly purchased IFS battery technology which was featured in the Battery and EV Technology publication. An excerpt from the article follows: "A new environmental technology can prevent toxic metals from batteries and other products from leaching into soils and water. Solucorp Industries, Inc. has developed a technology called Integrated Fixation Systems (IFS) that works with the company's Molecular Bonding System (MBS) so that chemicals reagents that chemically bind heavy metals in contaminated soil can now be incorporated into lead acid and nickel cadmium batteries, as well as other products at the time they are made."
EMHI has entered into an agreement with Global Technologies Group (Pinksheets:GTGP - News) Inc. to utilize Global and their partner companies and licensors, MSE Technology Applications, Inc and M2 Polymer to penetrate the energy markets via the group's broad contacts in all aspects of the uses for the EMHI patents. Global, MSE and M2 Polymer have been working with the MBS process and they are familiar with the MBS viability for use as a heavy metals treatment. Global will use its best efforts to bring the various uses to the combined companies and their contacts as well.
EMHI has filed a registration statement for its securities with the SEC. Upon approval, it will clear the way for fulfillment of the Company's plan to apply for a listing on a National Stock Exchange. The Company currently trades on the electronic Pink Sheets. The Company has identified a prominent Board of Directors and President, who have accepted their positions upon receipt of an Officers and Directors Liability Policy and finalization of impending contracts.
The foregoing discussion contains forward-looking statements, which are based on current expectations. Actual results, including the outcome of demonstration results, timing and amount of revenues recognized, contracts awarded and performed and net income may differ due to such factors as: delays in payment on contracts due to dealings with governmental and foreign entities; fluctuations in operating costs associated with changes in project specifications; economic and other conditions affecting the ability of prospective clients to finance projects; and other risks generally affecting the financing of projects. Investors are cautioned to perform a proper due diligence and consult-licensed professionals prior to making an investment decision.
After reading this, I went and found when I first bought into this dog. I got ya beat. January of 1997 at 3 15/32. I'm a little in the red on this one. I really have no faith in this company, so anything that may come from it, is gonna be like finding lost money. Has anything they have ever said come to fruition?
From a post on RB.
I received paperwork from Continental Stock Transfer Co. asking for info. Looks like the transfer will actually take place! I think good things could be on the Horizon.
Yea, I'm with you on waiting. Not like its anything we're not used to with this stock. Someone on RB said that the process had started into transferring of EMHI shares to SLUP holders, and even gave the transfer agents name, so it sounds like something is happening.
I'll continue to eat my popcorn.
Good Luck
BTW, SLUP is only "followed" by me and you on IHUB. Be interesting to see if that changes anytime soon.
gdepc, if you go back and look at some of the last 10Q's available, you will see that KV Mechanical Construction & Restoration in East Hartford, CN has made some sizeable loans to CYGX, and have recieved some large amounts of shares for those loans. I think they have done it twice, and they were for $200,000 a piece. Got like 13 million shares (for one loan) for their efforts, I think. Might be a little off in my numbers.
If I had given CYGX that much money, I damn sure would want to have some idea of what was going on, and would be leading the charge in getting these legal issues settled.
I'm still fairly certain they are different Plummers. From my post on Dec. 7, http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57493129 when I did a search, I am positive I found the Christopher Plummer w/ Franklin, as it listed his name and company (Franklin P & L) he works for. I just went back to that search site, and his listing is not there anymore. I know you can have yourself removed from those sites w/ a little work, but the CP in Lyme, CT, is still there.
HC, I have also wondered who, if anybody, is fighting the fight. If I was the restoration company who has been making loans to CYGX over the years, I sure as hell would have some sort of interest in this mess.
Malcolm, how could you have let this happen?
Birds of a feather.............
I looked on a map, and it appears Middletown and Lyme are about 20 miles apart, so I guess it could be the same CP, but still not a definitive way to tell.
RDOG, I did a search a couple of weeks ago and found 2 Christopher Plummers in Connecticut. I'm not positive, but I think this one is different than the one with Franklin Energy. The way things have been going w/ CYGX, it wouldn't surprise if someone of this Plummer's character was associated w/ the company though.
The Raging Bull board for SLUP is way more active than this one, but has quite a few people who are pretty negative towards the company. I think w/ the many years of promising to get their financials in order, and never doing it, and residing on the pink sheets under what seems to be a cloud of secrecy, it has soured many current and former investors. They are going to have to show some real revenue to get this thing back on track, IMO. Hype and promises don't work anymore like it used to. If they can line up some lucrative contracts w/ some well known players, that would be a good start, and might add some credibility in the investing community.
One of the all time classics. Loved that movie.
Good Luck to us all. I could use a nice rise in the PPS for Xmas.
I just did a search on www.pipl.com and I'm pretty sure they are different people. The one w/ Franklin, lives in Middletown, CT not Lyme, CT. Do a search of yourself and see how much info is out there on ya. Pretty scary.
I just went to Google Finance, and it says EMHI is on the pink sheets, so that would not make them fully reporting, IMO. Maybe they will be, but it doesn't appear that they are right now. I'm still not understanding exactly how this share swap is gonna happen. They say we are getting 2 EMHI for every 3 SLUP we have, but it talks about SLUP getting all this upfront money plus royalties on the products bought from them. Somebody is still gonna own SLUP if they are still getting some revenue, so would it not be the current shareholders?
I guess I will wait for further info, but if they are gonna be doing biz w/ the coal fired power plants and the cement manufactureres, and we seem to be the best and only player in the game, sounds like a good thing to me.
When I first started reading this, I had steam coming out of my ears thinking they were just giving away the IP, until I got to the part about getting 2 shares of EMHI, for every 3 of SLUP. So we will still have our SLUP shares, plus be getting some EMHI shares????? Well, atleast somethings happening, so I guess it isn't all bad, but I am anxious to see how this all plays out. Not sure why they transferred the IP, unless to seperate it from SLUP's crappy history. Wonder why EMHI only had 3 trades today!
Its been a long time coming. I will be patiently waiting and won't be selling. I'm still not sure I trust these guys, but would like to be proven otherwise.
Good Luck
I've held shares in this company for probably over 10 years, and based on past history, I'm not going to believe a word that comes out of thier mouths until proven otherwise. They have been saying that they will get thier financials SEC compliant for who knows how long.
Not that I wouldn't be happy to see the PPS head north, but I'm not going to get to excited over a news release that sounds very similar to the last 50, and they never seemed to amount to much. If they would get their act together, get off the pink sheets, and run the business w/o a dark cloud hanging over their heads, maybe something could come of this. Till that happens, I'm not getting to excited.
Good Luck
I hope your right and I'm sure there is more going on than we know about, hopefully for the better. I get a little wound up sometimes, but atleast the trading today does give some semblance of hope.
Have a good weekend. I'm gonna try my best to.