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Happy and prosperous New Year to all.
You have a great board here.
I'm sure things will get interesting in 2009.
Rocky
Happy and prosperous New Year to all.
I'm sure we will have a very exiting 2009.
Rocky
texas ripper - I'll take HWBI for January
and for the year for the contest.
GLTA
Rocky
I'm picking HWBI for January and for the
year. I like what's coming:
"...The Company determined that, through PPL, it had access to a substantial number of mining assets. These mining assets include copper, gold, nickel, platinum, palladium, silver, uranium and Rare Earth Elements. The various mining opportunities are in different stages of development. Some properties are ready for drilling, others are producing and a large number of the properties are available for joint venture rather than an outright sale. Further, the funding on these projects would be more achievable with HWBI's current access to capital than the funding needed to fully develop and market the Company's Hot Web properties. PPL found that qualified management in the mining industry would be more accessible to HWBI..."
(From the latest news release)
To all longs:
May 2009 be good to us.
Rocky
To all you patient longs:
May 2009 be the year AID really pays off.
Rocky
birdfluman - agree but every $500,000 helps.eom
hawaii50 - very encouraging posts - thanks eom.
wickw50 - who needs a golden parachute?
"a lot of people still have faith in HWBI"
You bet!
Yes everybody was exuberant then.
The world has changed.
AID has also changed.
It now is a world class company
with a great future.
If we can hang in I'm sure we
will be well rewarded but it
may take a little time yet.
BTW it's not only OTC companies
(we are in fact on the OTC:BB)
that have been hit hard, although
I can't wait for the day when we
get on a better exchange.
hawaii50 - nice post.
"There's none so blind as will not see"
GLTY
AID is a very attractive target for
for any company - more so because of
the acquisition of DDCT.
It could be taken over any time by any company
if the price was right.
Without a good offer it will just grow into a
larger company with decent income. Either way we win.
It may still take a little time.
Besides possible expansion we're getting ready for
a little poison pill action if needed
(emphasis added) any comments?
"...b) Proposal 2: Increasing the Authorized Common Stock
The existing Articles authorize the issuance of up to 100,000,000 shares of Common Stock. The Amended Articles would increase the number of authorized shares of Common Stock to 250,000,000 common shares.
The Board of Directors believes that the authorization of the increase in the authorized number of shares of Common Stock is in the best interests of Advanced ID and its shareholders. The Board of Directors believes that it is desirable to have additional authorized shares of Common Stock available for possible future financings, acquisition transactions and other general corporate purposes. Having such additional authorized shares of Common Stock available for issuance in the future will give Advanced ID greater flexibility and may allow such shares to be issued without the expense and delay of a special shareholders meeting. Although such issuances of additional shares in respect of future acquisitions and financings would dilute existing shareholders, management believes it can attract and execute such transactions that would increase the value of Advanced ID to its shareholders. Management has no present intention of causing Advanced ID to issue any shares of Common Stock or to enter into any merger or acquisition transaction or other business combination.
The Board of Directors is required by Nevada law to make any determination to issue shares of Common Stock based on its judgment as to the best interests of the shareholders and Advanced ID. Although the Board of Directors has no present intention of doing so, it could issue shares of Common Stock (within the limit imposed by applicable law) that could, depending on the terms of such series, make more difficult or discourage an attempt to obtain control of Advanced ID by means of an acquisition, tender offer, proxy contest or other hostile means. When, in the judgment of the Board of Directors, such action would be in the best interest of the shareholders and Advanced ID, such shares could be used to create voting or other impediments or to discourage persons seeking to gain control of Advanced ID. Such shares could be privately placed with purchasers favorable to the Board of Directors in opposing such action. In addition, the Board of Directors could authorize holders of Common Stock to vote as separate classes on any merger, sale or exchange of assets by Advanced ID or any other extraordinary corporate transaction. The existence of the additional authorized shares could have the effect of discouraging unsolicited takeover attempts. The issuance of new shares also could be used to dilute the stock ownership of a person or entity seeking to obtain unsolicited or unwelcome control of Advanced ID should the Board of Directors consider the action of such entity or person not to be in the best interests of the shareholders and Advanced ID.
The authorization of additional shares of Common Stock of Advanced ID will not by itself have an effect on the rights of the holders of existing Common Stock. However, any issuance of additional shares of
PRELIMINARY COPY
- FOR THE INFORMATION OF THE SECURITIES EXCHANGE COMMISSION ONLY
--------------------------------------------------------------------------------
Common Stock could affect the existing holders of shares of Common Stock by diluting the per share earnings and voting power of the Common Stock.
While Advanced ID may consider effecting an equity offering of Common Stock in the proximate future for purposes of raising additional working capital or otherwise, Advanced ID, as of this date, has no agreements or understandings with any third party to effect any such offering, to purchase any shares offered in connection therewith, or to vote any such shares, and no assurances are given that any offering can or will, in fact, be effected. The Board of Directors does not anticipate that the approval of the shareholders of Advanced ID will be solicited for any future issuances of any of the additional authorized shares, unless such solicitation is otherwise required by law.
The Board of Directors unanimously recommends a vote FOR the amendment to the Articles of Incorporation to increase the authorized Common Stock. Proxies solicited by management will be so voted unless stockholders specify otherwise. The affirmative vote of the holders of a majority of the outstanding shares of Advanced ID's Common Stock is necessary to approve the increase in the authorized Common Stock.
(c) Approval of Increase in Number of Directors
Advanced ID is asking its shareholders to approve an increase in the number of directors on its Board, as described below.
Advanced ID's Bylaw sets the number of directors at 5. As contemplated in the proposed acquisition of Shenzhen DDCT Technology CO., LTD, Advanced ID will appoint two individuals who will be proposed by DDCT for appointment and then subsequent election at the next Annual Meeting. As a result, assuming appointment of these two director nominees and the election/re-election of five directors at the Annual Meeting, Advanced Id will have 7 directors.
As a result, Advanced ID is asking shareholders to approve an increase in the number of its directors from 5, which is the current number, to 7, in order to permit the appointment and subsequent election of the two individuals to be proposed by DDCT. Following such approval, the Board will amend the Bylaws to reflect the increased number of directors.
The Board of Directors recommends that shareholders vote FOR approval of the increase in the number of directors to 7.
(d) Proposal 3: Approval of Stock Award Plan.
General. The purpose of the Advanced ID Corporation 2008 Stock Awards Plan is to provide a means through which Advanced ID, and its subsidiaries, if any, may attract, retain and motivate employees, directors and persons affiliated with the Company and to provide a
PRELIMINARY COPY
- FOR THE INFORMATION OF THE SECURITIES EXCHANGE COMMISSION ONLY..."
extracted from:
Filing Date: 11/24/2008 Form Type: PRE 14A
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001014897%2D08%2D000151%2Etxt&FilePath=%5C2008%5C11%5C24%5C&CoName=ADVANCED+ID+CORP&FormType=PRE+14A&RcvdDate=11%2F24%2F2008&pdf=
I believe the woman in the last photo on this page:
http://www.gdcb-h.com/xx.asp?id=3147
is Miss Guo Xiaohui - member of the China Association of Foreign Investment
(who was not identified in the Google translation).
The others are of course Seymour Kazimirski and Su Siyou.
Q-reu - It is just the way Google translated
that particular text.
There are quite a few errors. I left them
exactly as Google translated them.
"AD-the-art communication co. of course
is not correct and refers to Advanced ID.
There are others which one will recognize
from knowledge of the Company and context.
Not the best but sure is better than nothing.
[probably should have included a correction in
brackets but I had spent quite a bit of time on it]
GLTY
When you start using Google, translating from
link to link there is a wealth of information.
(Google translation does a fair job now
compared to most electronic translations
of a few years ago)
Here's one that is interesting:
http://74.125.93.104/translate_c?hl=en&sl=zh-CN&tl=en&u=http://www.cityex.com.cn/gps/smjits.htm&usg=ALkJrhiUH_xVPAbYWqhN5XgDp1X9PrOBbQ
It has many interesting links.
We are obviously in a business with infinite
possibilities of invention and inovation.
Teaming up with DDCT should really pay off.
GLTA
Rocky
Google translati9on of http://www.shepin.cn/Article/22817.html
(translated 28 Nov 08)
http://translate.google.com/translate?u=http%3A%2F%2Fwww.shepin.cn%2FArticle%2F22817.html&sl=zh-CN&tl=en&hl=en&ie=UTF-8
Translation: (Google) Chinese » English of: http://www.gdcb-h.com/xx.asp?id=3147
AIDO (AD-the-art communications technology Co., Ltd.) and DDCT (Shenzhen City Contemporary Communications Technology Co., Ltd.) and merger news conference with the RFID technology will be on November 14, 2008 at 2:00 pm Greater China Shenzhen Sheraton Hotel on the sixth floor Curtain
The combined news conference and RFID technology will be invited to the national science and technology, deputy director of the Ministry of Public Security, China's anti-counterfeiting Technology Association Secretary-General, Mr. Cao Kaixing Nanshan and Technology Zhu Jianping, and the Shenzhen People's Congress Standing Committee member of the China Association of Foreign Investment Executive Guo Xiaohui, deputy chairman of the meeting, and so on. More than 200 industry experts heard AIDO and DDCT merger in the future planning and application of RFID technology, published in a keynote speech, and this is a profound impact on China's RFID industry development direction of technology lively discussion.
The technical exchange at the meeting, the city of anti-counterfeiting association of the Secretary-General Yu Yu, Xu Han Institute of Logistics and Transport en engineers, advanced Aidi, president of DAN Co., Ltd., ZTE Software Technology Dr. Wang Xiaolei, respectively, on the RFID industry in anti-counterfeiting applications in the field of logistics Applications, and the prospects for future applications such as enterprise combined with the actual point of the three, was a keynote speech. Seminar on the entire domestic and international status of RFID technology and information technology, RFID technology in the logistics industry in the static and dynamic applications, network and supply-chain management issues such as changes in the concept of in-depth analysis and presentation, will also market the use of the product DDCT Simulation demonstration of RFID technology in personnel management, logistics management, store management, gas management applications so that more than 200 participants in the industry for RFID technology has a profound understanding.
U.S. AIDO Chairman of the Board and Mr. Seymour, chairman of DDCT Mr. Su Siyou released at a press conference on AIDO and DDCT merger and future development plans, AIDO and DDCT will be together for the development and the development of RFID readers and label tires, ADVANCED ID tags will provide tire factory automated production lines, assembly lines and other applications solutions to the DDCT, the two companies as a co-operation, joint development of the Chinese mainland and overseas markets, together with the international market to promote RFID! It also symbolizes the leading RFID foreign business people a unique sense of smell, the Chinese market forecasts, and independent power Zhanxian Ji action! It seems the global economic crisis brought about by the stagnation is not, but grasp the opportunity to move forward! We wish the country's RFID industry to steady and rapid development! At the same time, in the hope that we live in each area, RFID can bring us the national scientific and convenient living.
Maybe he does have more. Could be some
in family members' names.
sabregold1999 - La Jolla has a great opportunity
to make millions. It's a no brainer. They just
just wait it out like the rest of us. Nothing
complex or underhanded.
dshmd50 - "Heritage's ownership is slightly greater that 9.4 million"
That is what was in the filings as early as of June 5,
2008. Apparently it's still in the records. This could
be accounted for by the fact that Heritage may have paid
for work or materials with shares which have not yet been registered
as having changed hands. In any case management
said they held about 6,000,000 as of 28 August, 2008.
I believe they do also. The goal would
be a fairly large share price and eventually
an acceptable takeover offer. IMO
The story is similar for many small companies.
The problem for many now is to raise money
to carry out their plans.
AIDO has solved that problem so they
will likely succeed and prosper.
Many others will not.
I have a couple in that catagory
and another another beaten down from
$4.60 to about 30 cents.
(but it's cash on hand should save it)
AID is not letting anything stop them
from being successful. This is a company
on a mission.
I don't think they will
give the farm away either
but I would like to see a
shareholders' rights plan
in place. SK has said before
that he would be discussing this
with the other Board members.
Yes "Where's our Poison Pill!"
I believe we should get that in place
sooner rather than later.
Remember this from President's Corner:
"...DDCT has the highest revenue potential of all branches around the world and they are already in contract for several clients. Our Pneu-Logic branch has orders for major deliveries scheduled for December and beyond. Our Portugal branch is now working on the largest orders for readers in our history. Our US branch is working on fleets, tire companies, tire manufacturers, and tire retreaders all over the United States. Mesnac, our current distributor for tire tags in China, has just completed initial requirements for 2009 and has committed for 10,000,000 tags for 2010 as well as a quantity of readers.
Our PRESS CONFERENCE on Friday was attended by 200 people including government, the press, and DDCT customers from all over China. The government officials were very congratulatory and absolutely committed to our merger with DDCT. The hardest question I had to answer was, “Can we make enough product to satisfy the demands for the next 2-5 years?” This is a high class problem and we are grateful for the market in China presenting it to us. We will have photos as well as a video link for you in the next few days so that you can share in our experience..."
I wouldn't worry about a low price in the second half of 2009.
I would worry more if I did not have enough shares to retire.
What they have accomplished is extraordinary.
It's a lousy market. Can't blame AID for that
You have to give credit where due.
hawaii50 - Here is a big hand for AID for a job well done:
http://home.cogeco.ca/~ljausten/abighandforaid.html
hawaii50 - Thanks for the info.
They probably see the benefits of making it a
long term investment as do most of us.
Let's say the AIDO goes to $3.00.
Assuming the $3,000,000 was borrowed,
La Jolla could buy 6,000,000 shares at
50 cents per share. They would then have
$18,000,000 worth of shares, or $15,000,000 profit
plus the 6% interest for loaning the $3,000,000.
That's quite an incentive to play the game straight.
I think they will in this case.
We also have protection of sorts on the low end
should the price be driven below to or below the
8 cent point. We have been putting out a lot of
shares at 10 cents anyway and now that should stop
(although it is still open as another source of cash).
It looks like a calculated gamble to ensure cash
until income is sufficient.
As long as the projected revenues come in we all
should prosper.
If buyers wait for financials to buy
they will have less risk but will pay dearly.
I don't know anyone who would wait for financials
to buy if a couple of large contracts were announced.
I do know some people who have their favorite stocks
hammered down who are trying to pick the bottom.
"This stock really needs a big contract to start moving up"
I believe that's what we'll get - more than one too.
trumpster - No way. Lots of good stuff
long before then.
We are getting (or becoming) a great company
right in the market where we want to be.
For 37,346,696 shares and $5,000,000 (which
will be than made up for by their own income).
This is a great deal which we really needed
to stay in the game and prosper.
Congrats to AID for getting this done.
Rocky
Yes, this really puts the onus on Management to perform.
If you look on the China shares as a block, they will
hold the largest block and could take control - with some buying in the market.
Let's hope we get this up to 2 or 3 bucks before it happens.
(Although it may never come about - many scenarios are possible.
One could argue that because they hold such a large block that a takeover is less likely.)
"...NOTE 6 - DDCT ACQUISITION
On August 29, 2008, the Company signed a term sheet to purchase all of
the assets of Shenzhen DDCT Technology Co. Ltd. ("DDCT"), based in the
People's Republic of China. Major terms of the agreement were as
follows:
- The Company would set up a wholly owned subsidiary of Advanced
ID Asia Pacific Company Limited
- The new subsidiary would purchase all of the assets of DDCT
including but not limited to inventory, leasehold improvements,
intellectual property, patents, products, product designs, contracts
past and future, collateral and manufacturing processes.
- The Company must provide US$5 million in working capital to the
newly formed subsidiary over 2 years with $200,000 paid to DDCT
within 30 days of signing the term sheet. The $200,000 was paid in
full subsequent to the end of the quarter. In the event the
transaction is not completed, DDCT will refund the advanced funds.
- The Company must put 16,005,727 shares into escrow for
distribution to DDCT shareholders on completion of the transaction
- An addition 21,340,969 shares of Advanced ID to be placed into
escrow to be distributed to DDCT shareholders upon reaching
performance milestones to be agreed upon once the transaction has
completed.
As at September 30, 2008, no shares had been put into escrow and
$80,000 had been advanced against the working capital requirement..."
jimmyjones - Probably the same reason you are not buying.
That is "i'm more then filled up"
But I'll add some more when cash becomes available.
Problem is the price will be higher.
Great Chairman's Message.
Just what we needed.
http://www.advancedidcorp.com/aidosite/chairdis.html
AIDO is one great investment.
Thank's to AID management and staff for
all the hard work to get to this historic point
In AID's development.
GLTA
Rocky
It's also a great buy at 10 cents. eom
Google translation On the company DDCT is very interesting:
Shenzhen City Contemporary Communications Technology Co., Ltd.
(SHENZHEN DDCT TECHNOLOGY Co.Ltd) is a professional engaged in
a new generation of radio frequency identification products,
navigation positioning satellite communications products and
wireless communications systems development, production and
marketing of high-tech enterprises.
Company adhere to the purposes of independent innovation, to
create the "core technology to marketing services for the
center to focus on scientific management" of the three core
competitiveness.
Have a large number of radio frequency technology and
communications systems and technical personnel, radio frequency
identification technology at the core of the national leadership.
Independent development and the formation of RFID, GpsOne,
satellite communications, digital radio frequency modules, and
other products.
Very unique in the industry's product development capabilities,
meet the needs of different user groups of product demand, the
capacity of sustainable development is gradually strengthened.
Relying on mature technology and human resources advantages,
after many years of accumulated experience and products,
successfully completed the distance, at close range radio
frequency identification readers, as well as credit card
issuers such as product development, production.