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That was the reason for my question. Not sure what he was referring to.
The new rule states they have to buy back those shares they shorted at the price which it's trading at.
The FTD info seems pretty clear cut; understandable. Amazing that it took amateurs outside of the financial system to rattle the appropriate cages to get the rule passed.
Thnx for the link, but it sounded like he was describing shorts, not FTD's.
Just for the record, no fails in COUV.
http://www.sec.gov/foia/docs/failsdata.htm
FTD's
1st half of Aug 2010
VCTY 68,729
COUV 0 (Not on list.)
2nd half of Aug 2010
File corrupted; need to DL again.
1st half of Sep 2010
VCTY 2,208
COUV 0 (Not on list.)
Greets from VCTY. I like the symbiotic relationship between the two boards, VCTY and COUV; sharing info, etc.
The new rule states they have to buy back those shares they shorted at the price which it's trading at.
Are you referring to the modified uptick rule? It was approved in Feb but doesn't go into effect until Nov 10th.
The sad part is that it doesn't affect Pinks, which is one reason (a guess) that the shorts have stepped up their game in the Pinks.
http://www.sec.gov/spotlight/shortsales.shtml
http://www.sec.gov/rules/final/2010/34-61595.pdf
Final Rule: Amendments to Regulation SHO (February 26, 2010)
Pg 48-49
At this time, we are not applying Rule 201 to non-NMS stocks quoted on the OTC Bulletin Board or elsewhere in the OTC market because a national best bid and offer currently is not required to be collected, consolidated, and disseminated for such securities. [Translation: The MM's can do anything they want.]
Rule 201 is based on the current national best bid and its implementation requires that the national best bid is collected, consolidated and disseminated to market participants.
We recognize commenters’ concerns, however, regarding not applying Rule 201 to non-NMS stocks quoted on the OTC Bulletin Board or elsewhere in the OTC market. Thus, at a later time, we may reconsider whether applying Rule 201 to non-NMS stocks quoted on the OTC Bulletin Board or elsewhere in the OTC market may be appropriate.
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Curious too.
Google draws a blank. Ask IR? It's probably something similar, since they tend to be spelling/grammar challenged.
What is verzone?
Escrow?
not a properly formatted response from IR as I have normally seen it fwiw).
Puh-leaze. Do we really have to go through this again after proving the legitimacy of my previous email?
The .88 billion shares are in escrow?
Yes, per IR answer; 888M.
4,888,000,000
4,000,000,000 -
--------------------------
888,000,000 =
Frankly I've always thought that the A/S was the sum total of all authorized shares, regardless of escrow status.
You mean like the 1.5 BILLION shares for hydro that were stated to be in ESCROW? You mean like the 300 million shares for the video company merger that were stated to be in ESCROW? You mean like the 1 billion shares for tactician university that were stated to be in ESCROW?
Show me where escrow was stated. The word was allocated, not escrow.
additional .88 billion shares in escrow that we have not heard about before
I didn't want to bust your chops, but frankly I was surprised that you weren't aware of the A/S 4,888,000,000 per NV SoS. From there it was an easy question to IR to understand the shares in escrow.
What else. This is not as difficult as it appears. As suspected, someone has their hand out. Unfortunate but true. When it gets fed and all the T's are crossed, we'll see an announcement.
IMO
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The sell off is what I'm referring to as dilution, and flippers do play a role in it if they're talking about share amounts in the numbers muscle has admitted to.
Selling isn't dilution. This stuff is confusing enuff without creating your own glossary. Dilution has a specific meaning and shouldn't be confused with long selling, short selling or flipping.
You're gonna hate this overly simple explanation, but here goes:
Draw a pie. Ten slices. Let's trade those slices all day long. That's the O/S and assumes the float is maxed out to ten slices.
Along comes Mr. CEO and adds another ten slices to the pie. Suddenly the pie @ 20 slices (burp) causes the O/S to double. If everybody's starvin' and the demand is there, maybe no problem. Price will increase despite the additional supply. However, excess supply usually causes the price to decrease. Add the opportunity for the shorts to engage in food fights and you have additional selling pressure.
Just a thought.
This is a real head scratcher. Pls explain.
you've been flipping.. and the more you buy, the more you will dilute as it runs up.
Coincidence or mayyybe not, ya gotta wonder.
http://www.marketwatch.com/story/china-slips-into-texas-oil-patch-2010-10-11?siteid=nbih
China slips quietly into Texas oil patch
Chesapeake brings Cnooc into the family
LandStar/Hubei Chuguan's two largest clients are the two largest oil & gas companies in China, Sinopec and Petro-China. The third largest company is the China National Offshore Oil Corporation (CNOOC Group).
CNOOC has been trying to get into U.S. oil fields and has finally succeeded with the Chesapeake Energy deal, gaining entry into the oil-rich Eagle Ford shale region in southern Texas.
Not sure how the oil & gas industry works, but if there's a chance for Cressent Energy, which happens to be just south of Houston, to be a sub-contractor for CNOOC and if Chuguan enters the U.S. picture, things could get interesting.
Then again, need to research Cressent's holdings; maybe already in the Eagle Ford region?
IMO
where did you get 4.88Bln?
NV SoS
http://nvsos.gov/sosentitysearch/CorpSearch.aspx
Videolocity International, Inc.
A/S 4,888,000,000
Good questions, but A/S is considerably more.
VCTY's Authorized Shares are pegged at 4 Billion
No, per 3/01/2010 Amendment, A/S 4,888,000,000. The good news is that it hasn't budged from that figure. One question is why PS hasn't been updated.
On the positive side, China hydro has been concerned about securitization; in other words, safety and ROI. IF - stress IF - there is further dilution, it could mean that the deal with BOTH China hydro and India is proceeding.
IR: Ideally (thats what we are pitching them) is that THEY BOTH go in VCTY and do a name change.
Automotive Interfaces
Despite what many people think, information design isn't easy. See the interface issues that concerned Ford; maybe some parallels with iHub in the fight against gadgetry gone wild.
http://www.nytimes.com/2010/10/10/automobiles/10FACE.html?hpw
Making Sense of Complex Controls
Excellent find.
Despite the naysayers, China and India are growing too fast, too globally not to adapt to each other's business cultures, IMO.
Wen also offered to cooperate with New Delhi in its infrastructure programme.
Indian Commerce Minister Kamal Nath said China was poised to become India's largest trade partner in the next two-three years, next only to the US and Singapore.
Another thought keeps percolating even if I try to ignore it.
The Chinese gov is encouraging "strong local players" to list on a domestic exchange, Shanghai or Shenzhen. It's possible that this has been a reason for the delay; the gov, behind the scenes, wanting to keep part of its power infrastructure on a local exchange. Who knows. Just a guess and I hope I'm wrong.
Lots of info sources, but here's an overview.
http://www.buyusa.gov/china/en/financial_services_new.html
China’s securities sector is witnessing a dramatic transition: from dysfunctional bourse of a planned economy to viable exchange within a market-driven system. This transition is critical, as China’s sustained growth and development will depend upon a functioning capital market. The Chinese government understands this need, and has committed to further liberalize the securities sector in the coming years.
Why selling? China Hydro has stated that they don't want to share VCTY with another entity. If the Tact U. sale happens, that argues for completion of the Hydro deal. Mixed msg's, though. The words and/or - China and/or India - are still being stressed by IR.
And where did the filing/news go?
Oh, here it is. Restored.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55341046
Filinggg: Corporate Universe, Inc. (COUV) In Talks to Acquire Tactician University (VCTY)
Ohhh, probably won't even affect the pps (Hoping to dampen expectations). Just another Monday coming up (Probably a gap. Groan.) Wish this was released yesterday or today just before noon. (Maybe it'll get lost over the wkend.) BUT THE TRUTH is that this is fabulous news; the best ... all-cash basis. No way to tell how it'll affect the pps since we don't know the terms. So glad you're putting this into perspective ... If this was to happen. Not a done deal.
It would be easier to list any company on any exchange that audits its Q's. Just type 0, although it's possible that there may be an exception if the company is trying to come out of BK.
Look at Microsoft's last quarterly statement: Unaudited.
(In millions, except per share amounts) (Unaudited)
News: LandStar Inc. (LDSR) Introduces Merger Candidate with USA-Based Oil & Gas Company
BEIJING, CHINA, Oct 7, 2010 (Marketwire via COMTEX) -- LandStar Inc. [Edit: URL's deleted] management is considering a merger with a US-based oil and gas company. The USA company is Cressent Energy.
This promising company is involved in natural gas exploration in the state of Texas and has a number of assets, including 50 oil wells and well equipment, totalling over 200 tanks and 20 pumping units. LandStar is currently evaluating this company and feels that they are a favorable merger candidate.
The merger would complement the operations of LDSR's current subsidiary, Hubei Chuguan Technology Co. Ltd., which manufactures vapor recovery units for the Chinese petrochemical industry.
Cressent company does not have a online presence. It recently had a small website built by its IR company, and launched [Edit: URL deleted] to introduce the business to LDSR shareholders.
The company will advise the investor public of any developments, however, the merger has passed the underwriting and risk assessment criteria and could come to fruition shortly. LSDR will keep its shareholders updated as further information on this promising transaction becomes available.
How do you figure 12mm in paper?
What do you mean give 207mm in assets?
Let's keep it simple and, per IR, 1.5 billion restricted shares are "allocated" to China Hydro Co. That's $8.1mm restricted at today's closing price.
IF after the sale of Tact U. the O/S is reduced to 2B, the pps would rocket probably to a conservative .10 = $200mm. The company's orig 1.5B shares would be worth $150mm, with the company's physical assets untouched. From there, the OTCBB would be an easy, affordable leap assuming the fins were in order.
True, the above is contingent on some adult decisions; O/S may be in the 3B range, but it's a fairly conservative scenario.
IMO
Re: No charge
all paid for by the company leasing the keyword or ticker symbol
Did this journalist get it wrong?
http://www.dailyherald.com/story/?id=402064 (Page moved or deleted.)
Go800 (www.go800corp.com) launched this week to connect advertisers and consumers. It was previewed by area advertising agency executives in Chicago. Go800 uses cell phone text messaging technology to allow consumers to simply text a brand or keyword found on an advertisement, and seconds later get a call from a real person representing that advertiser. Sears, Walmart, BestBuy and others have already been included. Be warned, your texting package fees apply.
If you have an unlimited texting pkg, then no big deal.
The consumer question is voice callback, IMO. No charge or will voice callback be charged (subtracted) from my minutes plan, etc.?
Didn't a poster do an analysis about callbacks, asserting that this is where the real revenues lie? Not sure if he was correct, but it's a good question.
Possibilities?
http://en.wikipedia.org/wiki/List_of_power_stations_in_China
List of power stations in China
See Hydroelectric: Proposed, Under construction, etc.
PR: This is an enormous project; the Hydro dam gorge serves a rural community in China with a population of about 80,000 users. This merger – which will transform VCTY into a utility company – is a complex multi-party transaction that has already cost the financiers and financial backers from the Chinese government several million dollars to complete.
Clues? Gorge ... 80,000 users. Sizeable but not huge? MW capacity needed for current and future use ... any guesses, estimates?
Belated TY. Any updates, thanks. e/m
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Hydro still on the table.
Sweet words: and/or the China Hydro merger
Nonsense.
I understand frustration and uncertainty, but some of the posts over the last week have been off-the-wall nonsensical, IMO.
Let's review (Paraphrasing for brevity).
GMail??? Gotta be wrong/fake/unprofessional.
Web-based email is not only a good idea as a backup, it can be critical when traveling ... China, Europe, U.S. ... company servers can have hiccups. Same with one of the backbones from the U.S. to China, which has been down at least twice over the last year.
PPS projections. Inside info/trading.
If that's true, then all the analysts on CNN and the biz journalists - Forbes, Fortune, WSJ - are guilty. One of the functions of company IR departments is to feed analysts and shareholders information - forward-looking statements, which include but are not limited to projections of revenues, inventories, cash flow and PPS projections. Search for IR functions or capabilities.
Your email from IR has gotta be fake; doesn't conform to normal formatting/tone/sentence structure.
Whew, that's a beaut. No one in their right mind would fabricate an email from IR or a company. Doesn't common sense tell you there is more than one IR person up to speed on important company developments? Doesn't that kind of harassment - We only believe screen caps - discourage posters from relaying the latest Q&A's from IR? BTW, apology too much to expect.
We've got a good thing going with VCTY and a lot of posters willing to do some serious DD. Let's not turn on ourselves just because of a little impatience and the usual uncertainties involved with investing.
Onward.
JMHO.
restricting what MM's have to play with?
Don't loan out your shares.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46591984
Re: Screen cap
Be warned. They'll still think it's fake. lol
Monday Analysis_Oct. 4, 2010
LDSR could be the next big play with the US merger in the wings. Also, the amalgamation plans could bring a significant shareholder base to LDSR to get the train moving.
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Quid pro quo?
Of course the government doesn't want the Indian company involved ...
What is the source of this statement/assumption?
Look at cross-border mergers & acquisitions for India and China. Off the charts.
If a Chinese power company and Indian construction company see opportunities/synergies in working together in Asia, a combined VCTY merger could work. Who knows, but definitely worth watching.
Yes, very interesting. I read it as motivation for the Chinese to make a decision. There's always the risk that the Chinese won't like being pressured but, then again, the Chinese know all about pressure, however subtle it may be.
To any email doubters, I WOULD NOT DARE FABRICATE an email from IR or any company.
Frankly the email isn't all that revealing except for confirmation of the squeeze play and the possibility of reverse merging BOTH large companies into VCTY.
Another factor is that Indian nationals can invest in VCTY, reportedly even thru Zecco, but I haven't confirmed that.
GLTA
Email from IR:
See ...........................
Re: Friday Tips/VCTY
Dutch Auction? To be clear, it's either one company or the other ... China Hydro or Indian construction co.?................... Correct!!
After all this time and work, why would the China Hydro company even agree to such a thing?..................... Its not up to China Hydro its up to VCTY!! Chinese were taking forever to sign and still draggin their feet. As the saying goes you snooze you lose!
If the Indian co. "wins" the auction, would the Hydro co. agree to go to another shell and, therefore, re-start the laborious, time-consuming DD process?...................... Ideally (thats what we are pitching them) is that THEY BOTH go in VCTY and do a name change. No dilution till stock gets to 3-5 cent or higher range! Thats our recommendation to them.
What is so special about the VCTY shell in the eyes of the Indian company?................. We have about a dozen or more new mergers lined up.We were pitching VCTY hard in China India EU and USA private co's to put pressure on Chinese Hydro to move their a@@!! They were (are) taking forever! Now we sold VCTY too hard that we have 2 companies bidding for it! Will update Fri Tips and filings with any developments but both VCTY and UWRL, SKGO NWTT were pitched hard
Thank you.
Just for the record ...
... there's tons of information available for Good Life China/Hebei Haorizi Company Ltd.
http://www.haorizi.com/
http://www.huozhan.com/home
http://www.hrzmart.com/SomeAction_welcome.do
http://www.hrzpay.com/LogonAction_gotoHYT.do
http://txjy.syggs.mofcom.gov.cn/manager/prosecute.do?method=add&id=126394
Count me as one of your fans, but there is a glaring issue that you don't seem to factor in to your charts, which is that MM's trade for their own accounts.
Yea, MM's drop down like in your example, but that's because someone has "told" them to via putting in an order.
The gap-closing orders were for the whopping amounts of $32.52 and $6.90. Retail? Hard to believe.
The MM's wanted that gap closed, IMO, and jerked the ask down even through a string of buys.
So I guess we can agree to disagree on this one. I'll watch the gaps.
I only wish there was a way to identify all the selling pressures in your charts.
look at HLNT on 9/6/10... for the believers of gaps, they would have totally missed out on a HUGE move b/c they were "waiting for the gap to close"
There was no gap in HLNT during that time period, unless you're in the candles-not-wicks school of thought.
Re: Gap
Because the whole "gap stuff" is a load of garbage imo... prices don't go down b/c there is a gap... they go down b/c of profit taking... if people don't sell, a gap will never close...
Monday's gap of 0.0057 - 0.0060 closed today. I agree that there is no mysterious magnet that suddenly pulls the pps down unless that magnet is a MM (see below). As mentioned, gaps tend to fill; in this case, two days later. I'm interested in this because I've lost money or opportunities by not paying close attention to gaps.
if people don't sell, a gap will never close
Today's T&S is a textbook example of exactly the opposite of that dictum. The gap was closed on BUYS as the MM's REDUCED the ask ARBITRARILY. Once the ask was decreased to .0055 with a buy of 5,912 - filling the gap - it was off to the races (sorta) with the ask suddenly bumped up to .0069.
Nahh, not garbage, IMO. There are reasons for gaps; probably the most common ... The initial spike may have been overly optimistic or pessimistic, therefore inviting a correction.
As mentioned, your charts are very helpful and would be enhanced by pointing out the gap(s), but that's JMHO.