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It would be beneficial to both parties, although more for the debt holders, but since it is difficult to lift a chill common shareholders don't have to worry about debt conversions in vainly explained in those 2 redundant Stickies of yours.
TGGI SS + TA INFO + Info on Preferred Series AA.
http://www.otcmarkets.com/stock/TGGI/company-info
As of the period ending June 30 2012 and December 31 2011:
Shares Authorized: 5,000,000,000 5,000,000,000
Shares Outstanding: 2,952,452,631 1,679,208,997
Public Float: 2,872,452,632 1,599,209,296
Shareholders: 140 252
Preferred for the year ending June 30 2012 and December 31 2011:
Shares Authorized: 5,000,000 5,000,000
Shares Outstanding: 2,525,000 2,525,000
Shareholders: 2 3
Public Float: 0 0
Signature Stock Transfer, Inc.
Transfer Agent
2632 Coachlight Ct.
Plano, TX, 75093
972-612-4120
SignatureStock@aol.com
The TA state it is the Company Policy not to give out info over the phone. Anyone wanting info about TGGI AS/OS or Preferred Series AA class convertible shares will need their broker to request this info in writing from Signature Stock Transfer.
TGGI Preferred Conversion and Voting Rules from the Articles of Incorporation concerning the Preferred Series AA class shares:
http://www.otcmarkets.com/financialReportViewer?symbol=TGGI&id=30690
There are 5 million Preferreds Authorized and 2,525,000 are currently Outstanding Preferred shares (from the latest TGGI Q)
http://www.otcmarkets.com/financialReportViewer?symbol=TGGI&id=91663
Debit Holders also from the latest Q:
Overview:
In the conversion rules it states that the Preferred shares convert into 1,000 commons and the holders have to notify the company 5 days before conversion. In the voting rights it states that the Preferreds have a voting power of 1,000 to 1 commons and vote on any and all matters. So the holders of Preferred shares control the vote (company). Now, there are still 2,475,000 Preferred AA class that can be converted into 2,475,000,000 common shares and although its important to understand that these shares were issued for debt holders who want to get paid. Its also equally important to understand that if these shares were to be converted that they lose the controlling voting power over the company. If you notice under the list of debt holders list it states that BCAP holds $300,000 in debt, so in a sense they control TGGI, which is understandable that the biggest funder has some form of control in the company. But this debt also inherently means that BCAP can sell Preferred shares as the TGGI prices appreciates, and given the fact that the debt has to be re-paid its no more than logical that at one point dilution can or will occur. Yet its important to note that incoming revenue can repay this old debt, and that Preferred shares can or may be canceled. And, this is also imperative to know, since TGGI is chilled by the DTCC Preferred shares can NOT be issued, so as long as this isn't resolved current and prospective shareholders don't have to worry about the alleged imminent dilution as some may allude to!
GLTA
When is this expected "CIFUS approval"? TIA
The revocation of GTGP was scheduled for this week wasn't it?! LOL
Can't wait! LMAO
LMFAO @ GTGP from July 1, 2004 to April 2007
Lead the way Pennymachine take 'm out and set an example!
$TGGI Products: Commercial Use:
Ice Plus™
Overview
This patented technology reclaims the normally wasted cold water constantly draining from ice machines and uses it to pre-cool the hot gas refrigerant of the ice machine. The Ice Plus™ technology allows ice producing equipment (which are expensive to operate because they run 24/7) to achieve a) up to 40% less electrical power usage, b) up to 100% increased ice capacity (depending on application) where it is needed, or a combination of both. In addition, it reduces heat generated and rejected to the air around the ice machine by approximately 80%, thereby reducing AC loads and increasing comfort in rooms and buildings where ice making equipment exists.
The Ice Plus is available as a retrofit product for all sizes of ice producing equipment. When installed, payback periods range from 6 months to 3 years, depending on the application. The Ice Plus technology will also soon be available in stand alone machines offered in 2 different sizes by Olive Tree Energy for easy installations and great savings in restaurants, hotels, and all other applications where ice is needed. This unit will outperform all others and be the "greenest" ice machine in the world.
This product has outstanding potential to be used in two ways:
1) It can be used by major manufacturers of new ice machines who sell to end users in any industries that produce, need and/or use large amounts of ice,
2) It can be used as a retrofit product that can be installed on existing ice machines. This technology reclaims the normally wasted ice machine harvest water (and cold melt water) and puts the heat absorption capability of this cold water back into the refrigeration cycle of the ice machine system (into sub-cooling and/or de-superheating). While doing so, it lessens the amount of heat generated by the ice machine, which also reduces AC loads of buildings in which ice making equipment exists.
Harvest & Melt Water Energy Recovery System
Ice Plus™ utilizes normally wasted harvest & melt water to provide air cooled ice machines a dramatic increase in ice production capacities as well as efficiencies.
Benefits of the Ice Plus™
A standard ice machine’s rated capacity is rarely met because ice machines are generally located in the worst possible location. Typically for a restaurant it is located near the kitchen and near the stove(s) in particular. There usually is very little if any ventilation room around the ice machine and it will generate it’s own heat even if there is no heat being generated externally. This results in a locally hot environment around the ice machine and the ice machine’s production rate will drop as the local environment gets hotter.
The Ice Plus™ overcomes all of this by reclaiming the ice cold harvest and melt water stored energy into the refrigeration cycle of the ice machine.
The Ice Plus™ first utilizes the ice cold water in a sub-cooler to sub-cool the liquid refrigerant which increases the system capacity by 1 to 1 1/3% per degree of sub-cooling. The normal liquid refrigerant sub-cooled temperature is 105° to 115°F and by cooling the liquid refrigerant with water at almost 32°F, sub-cooled liquid refrigerant temperatures of lower than 50°F can easily be obtained with this system. Even after sub-cooling the liquid refrigerant, the water is still relatively cold and when passed though the Ice Plus™ refrigerant desuperheater, the high side pressure is substantially reduced and heat that would normally been introduced into the condenser air cooling supply is now absorbed into the harvest and melt water and then sent to waste.
What the Ice Plus™ Does
The Ice Plus™ reclaims the stored energy in normally drained and wasted ice cold water of commercial ice machines and recycles it back into the system, resulting in the following dramatic improvements:
• Increases in ice production capacities by up to 40% or more
• Increases system efficiency by up to 30% or more
• Reduces up to 80% of the heat rejected into surrounding space
• Prolongs the life of the equipment due to equipment running at cooler temperatures
What is the Benefit of the Ice Plus™ Technology to You?
What is the Benefit of the Ice PlusTM Technology to You? A standard ice machine’s rated capacity is rarely met because ice machines are usually located in poor locations for good performance. For example, in a typical restaurant, the machine might be located in warmer spaces where there is little (if any) ventilation. Not only does the machine generate more heat where you don’t want it, it often doesn’t produce the rated amount of ice and takes way too much electricity to run.
The economical but effective Ice Plus™ system solves all of these problems. You’ll be amazed at the payback and return on investment. You’ll also be providing serious energy conservation and lowering greenhouse gas emissions. With the Ice Plus™, you get more ice, more dollar savings, and a cooler environment.
The patented Ice Plus™ technology is also scalable to very large, commercial applications. You’ll demonstrate real industry leadership by having the “greenest” ice production in the world!
Product 2: Commercial Use:
EER Max Energy Recovery System
This patented energy recovery system reclaims wasted cool energy from building exhaust air and expelled condensate water and uses it to pre-cool the hot gas refrigerant of existing air source chiller equipment or DX type HVAC systems in small to large size commercial buildings. It enhances the efficiency by 20 to 40%, resulting in either less electrical power usage, added cooling capacity where it is needed or a combination of both. At the same time, it provides a small amount of water conservation by recycling condensate waste water. Payback periods range from 2.5 to 5 years, depending on the application.
The EER Max has been installed successfully in governmental and commercial buildings, including post offices, military facilities, manufacturing and office buildings. The available EER Max unit sizes range from as small as 6 tons (or 2 each 3 ton units) up to 100 tons. It can also be installed for systems up to 200 tons in size with the application of 2 each 100 ton units to a "dual circuit" HVAC system. This can occur with retrofit applications, or when installed along side of other equipment in new construction settings. While its installed price is similar to Energy Recovery Ventilators, it is a more comprehensive system and performs 3 to 4 times better on average.
Product 3: Commercial & Residential Use:
Commercial Dual Source™ Systems
The Dual Source™ technology has several outstanding uses for both residential home and commercial building applications, for virtually all air-cooled HVACR applications including air-conditioning systems, pool heaters and air-conditioning chiller applications. With this product, any manufacturer's standard heat pump/other AC system, electric heat pump pool heater or chiller equipment can have efficiencies boosted by up to 40%. This can occur with a retrofit applications, or when installed along side of other equipment in new construction settings. It has a huge advantage over other geothermal systems in that it needs only about 5% of the normal loop length and 10% of the fluid flow rate of a standard geothermal system. Thus, it achieves geothermal efficiencies for a fraction of the cost of a normal geothermal system.
The Dual Source can also be retrofitted or installed with new construction on small to very large commercial facilities which have air cooled or DX type HVAC systems. It is a cost effective, flexible system in these applications which uses its unique and flexible geothermal technology to provide outstanding efficiency gains leading to high payback periods, particularly for larger commercial applications. It has been successfully implemented in many applications, such as manufacturing plants, a U.S. naval base building, U.S. Post Offices, and a Florida school.
Residential Dual Source™ Systems
Efficiency and Capacity Gains of 20-45%
For large homes or multi-family facilities, Olive Tree Energy provides Dual Source Systems that deliver from 20% to 45% increases in both capacity and efficiency of existing air conditioning systems.
How it Works
Our Dual Source Systems accomplish dramatic capacity and efficiency gains by using only a very small quantity of cool water from any available source, such as a geothermal source or a cooling tower. The proprietary technology uses this water first to lower the high side pressure of the air cooled A/C system to approximately water cooled conditions. This lowers compressor power consumption and increases refrigerant mass flow. Second, the technology achieves substantial additional sub-cooling of the liquid refrigerant, which also increases mass flow of the refrigerant.
The result is a system that is as efficient as a water cooled system and has greatly increased capacity.
Product 4: Commercial & Residential Use:
The Greenest Water Heating Device in the World Saves Your Customers Up to 80%
ZeroEnergy™ produces free hot water from normally wasted heat produced by air conditioning.
A water heater uses a lot more energy than most people think because plenty of power is required to heat a big tank. It’s responsible for up to 25% of a typical utility bill.
At the same time, air conditioning removes heat from a building and throws it off outside into the environment as waste. The ZeroEnergy™ recaptures that heat energy and reuses it to heat water. It’s an old concept, but the ZeroEnergy™ does it in a revolutionary new, yet proven, way.
ZeroEnergy™ requires no power input and no maintenance. Plus it actually increases the efficiency of the AC system.
Because there is no pump and no electrical power required, ZeroEnergy™ has the highest coefficient of performance in the industry and offers “worry free” operation. It has an unmatched 10 year warranty and
helps your AC system perform better and last longer.
ZeroEnergy™ has the lowest overall lifecycle cost of all hot water heating systems.
Lifecycle cost is the “bottom line” performance measurement for water heating systems. When comparing to other options, one must carefully consider installation costs, maintenance requirements and energy savings/return on investment over time.
ZeroEnergy™ outperforms them all, reducing water heating costs by up to 80% in some applications. All things considered, ZeroEnergy™ is the best option for anyone who wants to save energy and protect the environment. ZeroEnergy™ is, quite simply, the Greenest Hot Water Heating Device in the World!
ZeroEnergy™ reduces greenhouse gas emissions by over four tons per year in the typical residential application.
ZeroEnergy™ reduces the energy use and carbon footprint of homes and buildings. In the the typical residential application, ZeroEnergy™ reduces greenhouse gas emissions by over 4 tons of greenhouse gasses per year!
How important is that? Well, if just 100,000 homes use ZeroEnergy™, one less coal-fired power plant will
be needed. That’s a huge plus for the environment. ZeroEnergy™ is a blessing for everybody on the planet.
©2012 VersaGreen Energy
$AMBS
$CLQMF
$GTGP
$SMKY
$NEIK
$TGGI
$AONEQ
$DYNS
$EMWW
$OPL
$OPELF
Siearraworldblahblog cannot be trusted! FWIW
Although she used to work in the porn industry, did hours of digging on her LMFAO
(this deal is approx $80 million worth/year)
TSX: CLQ; U.S. OTC: CLQMF
Canada Lithium Signs Five-year Offtake Agreement and Joint Venture with a unit of Tewoo Group, a 'Global 500' Company
TORONTO, Nov. 12, 2012 /CNW Telbec/ - Canada Lithium Corp. (TSX: CLQ) (U.S. OTC: CLQMF), announced today it has signed a five-year lithium carbonate offtake agreement with Tewoo-ERDC (Tianjin Products and Energy Resources Development Co., Ltd.), one of China's larger commodities traders, for a minimum annual commitment of 12,000 tonnes of battery-grade lithium carbonate. The five-year agreement also includes a provision for the formation of a Sino-Canadian marketing joint venture (SFJV) to be incorporated as Tewoo Québec Lithium CO., LTD. The agreement calls for Canada Lithium to deliver lithium carbonate FOB to the Port of Vancouver or Port of Prince Rupert, B.C., beginning March 2013. Tewoo-ERDC is a wholly-owned subsidiary of Tewoo Group, one of the world's top 500 companies in terms of revenue, according to a Fortune Magazine 2012 ranking.
Delivery of the first 12,000 tonnes is scheduled to occur over the course of calendar year 2013. Following 2013 and for the four years thereafter, Tewoo has committed to import a minimum 12,000 tonnes per year with a provision to increase the offtake volumes by as much as 20% per year over the previous year's deliveries. In the event Tewoo triggers the 20% clause in 2014, Canada Lithium could deliver up to a maximum 14,400 tonnes during calendar year 2014. Prices will be adjusted quarterly based on actual market prices. Canada Lithium's mine and processing plant near Val d'Or, Québec, currently approaching the end of construction and scheduled to enter the commissioning phase late this year, will have an annual capacity to produce approximately 20,000 tonnes of lithium carbonate.
"The agreement with Tewoo secures a market for a significant portion of our annual production and demonstrates that China is the fastest growing consumer of lithium carbonate products. Having a long- term, strategic partnership with the Tewoo group will provide significant support for our product sales and distribution in China," said Canada Lithium CEO and President Peter Secker. "Negotiations with other parties for additional lithium carbonate tonnages are ongoing."
The lithium markets remain robust with the current China spot price at approximately $6,600 per tonne, according to Asian Metal, a global commodities information company. The registration of the SFJV remains subject to government approvals in China.
Project Update
The project continues to meet its budget and schedule milestones for commissioning of the spodumene circuit by the end of 2012. Pre-commissioning tests on the larger mechanical and electrical equipment have started. Pre-stripping of the deposit and construction of the first phase of the Tailings Management Facility (TMF) are ongoing as scheduled.
About Canada Lithium Corp.
The Company holds a 100% interest in the Québec Lithium Project near Val d'Or, the geographical heart of the Québec mining industry. It is in the midst of building an open-pit mine and processing plant on-site with estimated capacity to produce approximately 20,000 tonnes of battery-grade lithium carbonate annually. Metallurgical tests have produced battery-grade lithium carbonate samples. Lithium carbonate is used in lithium-ion batteries that power consumer electronics (laptops, tablets, etc.) power-grid storage facilities and electric and hybrid vehicles. The Company trades under the symbol CLQ on the TSX and on the U.S. OTCQX under the symbol CLQMF.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking information is based upon the Company's beliefs, estimates and opinions as at the date of this press release, which the Company believes are reasonable, but no assurance can be given that these will prove to be correct. Furthermore, the Company undertakes no obligation to update or revise forward-looking information contained herein if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
Forward-looking information relates to future events or to future conditions, performance or results of operations and reflects current expectations or beliefs regarding such matters including, but not limited to, information or statements with respect to: (i) the amount of mineral resources; (ii) exploration, development and production activities, including information regarding the potential mineralization and resources; (iii) the amount of future output over any period; (iv) net present value and internal rates of return of the mining operation; (v) assumptions relating to capital costs, operating costs and other cost metrics; (vi) assumptions relating to gross revenues, operating cash flow and other revenue metrics; (vii) assumptions relating to future price and demand for lithium and other macroeconomic metrics; (viii) exploration and development plans, including anticipated costs and timing thereof, time frames for completion, and anticipated time to production; (ix) mine potential and expected mine life; and (*) sources of and anticipated financing requirements.
All information other than matters of historical fact may be forward-looking information. In some cases, forward-looking information can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "project", "estimate", "assume", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "strategy", "goal", "may", "could", "would", "might", or "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook.
Forward-looking information is based upon certain assumptions by the Company or its consultants and other important factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by such information. Such information is based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of lithium, anticipated costs and ability to achieve goals. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking information include, but are not limited to: (i) required capital investment and estimated workforce requirements; (ii) estimates of net present value and internal rates of return; (iii) future demand and market prices for lithium; (iv) receipt of regulatory approvals on acceptable terms within commonly experienced time frames; (v) anticipated timelines for the commencement of production; (vi) anticipated timelines for community consultations and the impact of those consultations on the regulatory approval process; and (vii) future exploration plans and objectives.
By its nature, forward-looking information involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those expressed or implied by such forward-looking information. Some of the risks and other factors that could cause actual results to differ materially from those expressed in the forward-looking information contained in this press release include, but are not limited to, risks and uncertainties relating to: (i) the interpretation of drill results, the geology, grade and continuity of mineral deposits and conclusions of economic evaluations; (ii) results of feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, (iii) the outcome of litigation in which the Company is or may in the future become involved; (iv) risks relating to possible variations in reserves, grade, planned mining dilution and ore loss, or recovery rates and changes in project parameters as plans continue to be refined; (v) mining and development risks, including risks related to accidents, equipment breakdowns, labor disputes (including work stoppages and strikes) or other unanticipated difficulties with or interruptions in exploration and development; (vi) risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; (vii) risks related to future commodity demand and price and foreign exchange rate fluctuations; (viii) the uncertainty of profitability based upon the cyclical nature of the industry in which the Company operates; (ix) risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals or in the completion of development or construction activities; (*) risks related to environmental regulation and liability; (xi) political and regulatory risks associated with mining and exploration; (xii) risks related to the uncertain global economic environment; and (xiii) other risks and uncertainties related to the Company's prospects, properties and business strategy. Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in the forward-looking information, readers are cautioned that this list is not exhaustive and there may be other factors that the Company has not identified. Readers are cautioned not to place undue reliance on forward-looking information contained in this press release. All forward-looking information contained in this press release or incorporated by reference herein is expressly qualified by this cautionary note.
SOURCE: CANADA LITHIUM CORP.
For further information:
Peter Secker, President and CEO (416) 361-2821
Olav Svela, Director, Investor Relations (416) 361-2821 or (416) 479-4355 or email osvela@canadalithium.com
Christine Stewart, Renmark Financial Communications Inc. (416) 644-2020 or email cstewart@renmarkfinancial.com
Please visit the Canada Lithium website at www.canadalithium.com or copy the following link into your Web browser to view our Photo Gallery: http://www.canadalithium.com/s/PhotoGallery.asp.
You can also follow us on Facebook and Twitter.
Corporate Office: 401 Bay Street, Suite 2010, Box 118, Toronto, ON, M5H 2Y4
(this deal is approx $80 million worth/year)
TSX: CLQ; U.S. OTC: CLQMF
Canada Lithium Signs Five-year Offtake Agreement and Joint Venture with a unit of Tewoo Group, a 'Global 500' Company
TORONTO, Nov. 12, 2012 /CNW Telbec/ - Canada Lithium Corp. (TSX: CLQ) (U.S. OTC: CLQMF), announced today it has signed a five-year lithium carbonate offtake agreement with Tewoo-ERDC (Tianjin Products and Energy Resources Development Co., Ltd.), one of China's larger commodities traders, for a minimum annual commitment of 12,000 tonnes of battery-grade lithium carbonate. The five-year agreement also includes a provision for the formation of a Sino-Canadian marketing joint venture (SFJV) to be incorporated as Tewoo Québec Lithium CO., LTD. The agreement calls for Canada Lithium to deliver lithium carbonate FOB to the Port of Vancouver or Port of Prince Rupert, B.C., beginning March 2013. Tewoo-ERDC is a wholly-owned subsidiary of Tewoo Group, one of the world's top 500 companies in terms of revenue, according to a Fortune Magazine 2012 ranking.
Delivery of the first 12,000 tonnes is scheduled to occur over the course of calendar year 2013. Following 2013 and for the four years thereafter, Tewoo has committed to import a minimum 12,000 tonnes per year with a provision to increase the offtake volumes by as much as 20% per year over the previous year's deliveries. In the event Tewoo triggers the 20% clause in 2014, Canada Lithium could deliver up to a maximum 14,400 tonnes during calendar year 2014. Prices will be adjusted quarterly based on actual market prices. Canada Lithium's mine and processing plant near Val d'Or, Québec, currently approaching the end of construction and scheduled to enter the commissioning phase late this year, will have an annual capacity to produce approximately 20,000 tonnes of lithium carbonate.
"The agreement with Tewoo secures a market for a significant portion of our annual production and demonstrates that China is the fastest growing consumer of lithium carbonate products. Having a long- term, strategic partnership with the Tewoo group will provide significant support for our product sales and distribution in China," said Canada Lithium CEO and President Peter Secker. "Negotiations with other parties for additional lithium carbonate tonnages are ongoing."
The lithium markets remain robust with the current China spot price at approximately $6,600 per tonne, according to Asian Metal, a global commodities information company. The registration of the SFJV remains subject to government approvals in China.
Project Update
The project continues to meet its budget and schedule milestones for commissioning of the spodumene circuit by the end of 2012. Pre-commissioning tests on the larger mechanical and electrical equipment have started. Pre-stripping of the deposit and construction of the first phase of the Tailings Management Facility (TMF) are ongoing as scheduled.
About Canada Lithium Corp.
The Company holds a 100% interest in the Québec Lithium Project near Val d'Or, the geographical heart of the Québec mining industry. It is in the midst of building an open-pit mine and processing plant on-site with estimated capacity to produce approximately 20,000 tonnes of battery-grade lithium carbonate annually. Metallurgical tests have produced battery-grade lithium carbonate samples. Lithium carbonate is used in lithium-ion batteries that power consumer electronics (laptops, tablets, etc.) power-grid storage facilities and electric and hybrid vehicles. The Company trades under the symbol CLQ on the TSX and on the U.S. OTCQX under the symbol CLQMF.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking information is based upon the Company's beliefs, estimates and opinions as at the date of this press release, which the Company believes are reasonable, but no assurance can be given that these will prove to be correct. Furthermore, the Company undertakes no obligation to update or revise forward-looking information contained herein if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
Forward-looking information relates to future events or to future conditions, performance or results of operations and reflects current expectations or beliefs regarding such matters including, but not limited to, information or statements with respect to: (i) the amount of mineral resources; (ii) exploration, development and production activities, including information regarding the potential mineralization and resources; (iii) the amount of future output over any period; (iv) net present value and internal rates of return of the mining operation; (v) assumptions relating to capital costs, operating costs and other cost metrics; (vi) assumptions relating to gross revenues, operating cash flow and other revenue metrics; (vii) assumptions relating to future price and demand for lithium and other macroeconomic metrics; (viii) exploration and development plans, including anticipated costs and timing thereof, time frames for completion, and anticipated time to production; (ix) mine potential and expected mine life; and (*) sources of and anticipated financing requirements.
All information other than matters of historical fact may be forward-looking information. In some cases, forward-looking information can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "project", "estimate", "assume", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "strategy", "goal", "may", "could", "would", "might", or "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook.
Forward-looking information is based upon certain assumptions by the Company or its consultants and other important factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by such information. Such information is based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of lithium, anticipated costs and ability to achieve goals. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking information include, but are not limited to: (i) required capital investment and estimated workforce requirements; (ii) estimates of net present value and internal rates of return; (iii) future demand and market prices for lithium; (iv) receipt of regulatory approvals on acceptable terms within commonly experienced time frames; (v) anticipated timelines for the commencement of production; (vi) anticipated timelines for community consultations and the impact of those consultations on the regulatory approval process; and (vii) future exploration plans and objectives.
By its nature, forward-looking information involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those expressed or implied by such forward-looking information. Some of the risks and other factors that could cause actual results to differ materially from those expressed in the forward-looking information contained in this press release include, but are not limited to, risks and uncertainties relating to: (i) the interpretation of drill results, the geology, grade and continuity of mineral deposits and conclusions of economic evaluations; (ii) results of feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, (iii) the outcome of litigation in which the Company is or may in the future become involved; (iv) risks relating to possible variations in reserves, grade, planned mining dilution and ore loss, or recovery rates and changes in project parameters as plans continue to be refined; (v) mining and development risks, including risks related to accidents, equipment breakdowns, labor disputes (including work stoppages and strikes) or other unanticipated difficulties with or interruptions in exploration and development; (vi) risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; (vii) risks related to future commodity demand and price and foreign exchange rate fluctuations; (viii) the uncertainty of profitability based upon the cyclical nature of the industry in which the Company operates; (ix) risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals or in the completion of development or construction activities; (*) risks related to environmental regulation and liability; (xi) political and regulatory risks associated with mining and exploration; (xii) risks related to the uncertain global economic environment; and (xiii) other risks and uncertainties related to the Company's prospects, properties and business strategy. Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in the forward-looking information, readers are cautioned that this list is not exhaustive and there may be other factors that the Company has not identified. Readers are cautioned not to place undue reliance on forward-looking information contained in this press release. All forward-looking information contained in this press release or incorporated by reference herein is expressly qualified by this cautionary note.
SOURCE: CANADA LITHIUM CORP.
For further information:
Peter Secker, President and CEO (416) 361-2821
Olav Svela, Director, Investor Relations (416) 361-2821 or (416) 479-4355 or email osvela@canadalithium.com
Christine Stewart, Renmark Financial Communications Inc. (416) 644-2020 or email cstewart@renmarkfinancial.com
Please visit the Canada Lithium website at www.canadalithium.com or copy the following link into your Web browser to view our Photo Gallery: http://www.canadalithium.com/s/PhotoGallery.asp.
You can also follow us on Facebook and Twitter.
Corporate Office: 401 Bay Street, Suite 2010, Box 118, Toronto, ON, M5H 2Y4
FORM ASSET PURCHASE AGREEMENT
http://www.loganandco.com/dockets/ASI/ASI_DKT_000332_084692_00128439_2916b77f8ec7a4b8df39aeef1bc8a48b.pdf
This is the APA, but remember, the public version has none of the financial details, per the court hearing 11/8/12.
https://www.facebook.com/pages/Delaware-Shareholder-Services/149947178388865
Well duh, the new CEO took over a shell who had debt, so yes there is accrued debt, but once the business starts going this can be handled going forward. Its not that there is a $ million or more debt in TGGI, so with a few licenses and contracts this can be reduced significantly. Lets see how the next couple of weeks & months pan out before passing judgments, ok?!
I don't participate in PPM's, but if there is one for TGGI then there must be value down the road for them!
No worries, TGGI is on the Chill list and Preferreds can not be cleared thru DWAC
amibad? LOL
Stocks on watch for Monday:
AONE
DYNS
EMWW
SEGI
CTIX
Oops, my bad, I meant the "Daily Short Sale Volume File" instead of RegSHO, so just replace those two and what I said is still fairly accurate, yet simplified.
But what all those FINRA Daily Short Sale Volume lists have done is confuse a lot of people. Ask FINRA, even they will direct you to the OTC Equity Short Reports that come out 'bimonthly' if you want to know the short interest.
Put simply:
Until a security is delivered, it is considered to be technically short. If I sell some AMBS today, it will show up as a short sale on FINRA records until my MM meets the buying MM "at the window". This can take up several days. All you are really looking at is the sell side volume minus any flips or buy side through the same dealer. For example. If I buy 1000 shares of AMBS and you sell 2000 shares and we are both using NITE and this is the only volume they handled all day long, the system would show NITE is short 1000 shares until they deliver your stock to the buyer.
Stock is never delivered the same day you sell it. That would not be possible.
It's explained at the FINRA site.
Pursuant to a Securities and Exchange Commission request, FINRA has agreed to make reported short sale trade data publicly available. FINRA will make two types of files available: (1) Daily Short Sale Volume Files and (2) Monthly Short Sale Transaction Files.
The Daily Short Sale Volume Files provide aggregated volume by security on all short sale trades executed and reported to a FINRA reporting facility during normal market hours. The Monthly Short Sale Transaction Files provide detailed trade activity of all short sale trades reported to a consolidated tape.
For additional information regarding the available data, please see Information Notice 9/29/09 or contact FINRA Operations at (866) 776-0800
http://www.sec.gov/foia/docs/failsdata.htm
Sorry bro but thats a misconception, or urban myth, whatever you want to call it. The FINRA RegSHO #'s cannot be relied upon, nor any websites that utilizes them as a tool or measurement of knowing how many shares are effectively shorted! The only reliable source is the bi-weekly short #'s on the OTC & the FINRA board: http://www.otcbb.com/asp/OTCE_Short_Interest.asp (scroll to the bottom, or hit 'End' & type in the ticker of your choice)
When a trade is made shares have to be cleared (T3) and shares that are not cleared at the end of the day end up on the RegSHO as being short, but in fact they're just shares long waiting to be cleared. Thats why the RegSHO is always so bloated, and therefore cannot be relied upon to give you an accurate picture of how many are effectively shorted. Never! Just to give you an example, not so long ago I saw a stock with 100k volume and somebody posted the RegSHO as 'alleged' proof of how many shares were shorted and the (false) short #'s showed 130k. Pretty hard to short 130k shares when there was only 100k volume that day. Having said that, this doesn't mean that retail & MM's shorts don't appear among those #'s, because they do, but since unsettled trades end up designated as shorts as well one can never be sure how many shares were really shorted. FINRA should do something about that so traders/investors have a better mean of assessing the effective amount shorted at any given day, because the bi-weekly report isn't really useful either since it trails more than 14 days...
Ah ok, no worries then, because the SEC will send a No Action letter to GTGP
Great, the SEC will see they're genuine, crawl back, and send a No Action letter to GTGP!!
Sorry, but as usual there is not a single bit of proof that Fallacaro have now transferred all the Licencing and JV agreements out of GTGP.
NONE WHATSOEVER
Yes indeed, and these are only the small contracts for GTGP, only worth a few tens of millions, no biggie, but good enough for starters ;)
http://www.tennessean.com/viewart/20121108/NEWS11/311080070/Y-12-uses-extra-cleanup-funds-tackle-mercury
http://m.knoxnews.com/news/2012/nov/07/stimulus-savings-at-y-12-used-to-tackle-mercury/
GO GTGP
Pink jou bericht was verwijderd omdat je naar die andere site verwees. Blijkbaar zijn de scanners zo ingesteld dat je zelfs de naam niet mag vermelden op Ihub of je wordt direct gedetecteerd.
Ik ben ondertussen naar die site geweest en heb het uitgelegd aan mdimport.
& ja, ik heb geen BCAP meer, al lang niet meer.
Matt was niet eerlijk en eens ik belogen wordt dan slaat de deur dicht. Ondertussen doet BCAP het niet slecht maar ik heb geen spijt dat ik ze verkocht heb...
PS aan TT: bedankt voor je PM, ik kan niet terugsturen omdat mijn subscription ten einde is en ik wil deze criminele website geen stuiver meer betalen ;)
Great news, I'm going to buy more!!
Is the SEC leaking info again?! LMAO
Yeah, its quite remarkable that 4 days before the suspension the hype around it all of a sudden started! WE have documented this very well!
OAK RIDGE, Y-12 uses extra cleanup funds to tackle mercury:
http://www.tennessean.com/viewart/20121108/NEWS11/311080070/Y-12-uses-extra-cleanup-funds-tackle-mercury
http://m.knoxnews.com/news/2012/nov/07/stimulus-savings-at-y-12-used-to-tackle-mercury/
More work for GTGP the appointment of Mr Gilbert will soon proof his use
For once I have to agree with you, this is in fact "WRONG"!
LMAO @ "GTGP has failed to properly file 8k's for the MSE "events"
WRONG AGAIN!!
Yeah bro, the SEC doesn't revoke stocks on false accusations, but who knows, maybe somebody will find an old speeding ticket from Fallacaro's great great grandfather with his horse and carriage LMAO. No worries here, the GTGP fins are taking care of, followed with a No Action letter.. On to the next stage ;)
LMFAO @ the many reasons why the GTGP stock will get revoked
No Action letter from the SEC is coming!!
The SS in the Ibox is updated, Prefs included
I did read it a while back and I guess I forgot about that, and when I gave you the SS it came from the latest Q. I performed a search with "Preferred" and no results were found so I didn't bother to scroll deeper...
Yeah, and in an interview they also said to be working on plans of uplisting to OTCBB. I don't have the link at hand but I guess others can post that again. Something is definitely brewing and a reduction of the AS is the first step... so TGGI could become a hot ticker as things unfold ;)
There are no Preferred shares in TGGI
Shares Authorized: 5,000,000,000
Shares Outstanding: 2,952,452,631
Public Float: 2,872,452,632
BCAP has Prefs with a 1 x 10k conversion rate & this cannot be used for TGGI. Besides the BCAP AS is locked and no RS for 2y.
I used to follow BCAP, not anymore but if I recall this correctly those Prefs serve as mean to have a majority in case of voting... FWIW
Matt doesn't hold any debt in TGGI, he used to but not anymore, so that chapter is closed.
TGGI is hiring new sales people!
http://investorshub.advfn.com/boards/read_msg...d=81225571
TGGI Trans Global Group to Reduce Authorized Shares by 20%
http://www.stockhouse.com/news/newsrelease.as...d=55713712
TGGI Trans Global Group to Reduce Authorized Shares by 20%
http://www.stockhouse.com/news/newsrelease.aspx?storyId=55713712
TGGI is hiring sales people!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81225571