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that sucks, hopefully you can find a intraday low sometime this week. if you look at the ticker over the last 2 trading days this baby is getting bought up slowly, $13k on friday, $7k today with the tiny float imo a few more $k's and it's off and running, welcome to the jungle! CBJG
Well as per Mo himself, nothing is gonna happen (shareholder update, product news etc...) until filings get caught up. Looking at OTC Markets, EQLB's last filing was for the period ending Sept. 30th, 2010. So we need 1 more for 2010, 4 for 2011, 2 for 2012. So 7 filings to be current. That is assuming EQLB needs to file for all of those quarters, they did deregister at some point a year or more ago. And have only been "alternative reporting standard" on OTC Markets for a month or so, I dont know if you need to catch up on filings when you were considered "deregistered". In any event looking at their old filings they seem to be relatively straight forward and not very complicated. I would assume that it wont be very long to be current with OTC Markets once the first filing one gets filed. At that point it'll be go time! I'm sure nobody wants to see EQLB be more transparent with the rest of the investing community than Mo himself. As it can do nothing but give a higher market valuation of the company. Considering the share structure and public float on this one I wouldn't doubt to see multiple pennies in no time flat with this one. If you've ever talked to Mo you'd know that he is very passionate about EQLB and has some very new products that will be launched in the very near future. ;)
http://www.otcmarkets.com/stock/EQLB/filings
i cant believe peeps selling at 0018 intraday. i guess their lack of patience is someone else's gain. oh well, patience pays on these fresh sos plays.
That would be nice. I'm just happy they are bringing value into CBJG after years of inactive slumber. Global New Energy Industries Inc.
As of their last filing in 2010. It was 500M A/S, 281M O/S, 42M float, for common shares. Preferred Series A, 1M A/S, 600k O/S. Preferred Series B, 5M A/S, 4k O/S. To me the only way they accomplished that was to reduce the 500M A/S in common down to 194M, of that the 42M public float still intact. And add the remaining 6M of preferred Series A and B to get to 200M. Maybe the preferreds give management control and voting control, and of the 194M commons minus the 42M float there is still 152M commons A/S - O/S not controlled by retail (us), whether its issued or not I dont know. I'm guessing they just retired 87M commons from the O/S to get to 194M and add the 6M preferred to get to 200M. This is all just my hack mathematics as at this point we dont have enough info to go on. But as you will see when they reinstated in Jan. 2012 they did the reduction.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71102357
But now they have changed and renamed the company and have new management. To me it seems they took control in Jan. 2012 and are now ready to roll in the new acquisition as per the latest filings. Hope this helps and good luck.
Only 42 million of the 281 million outstanding shares are / were float (public / retail). New management could of easily retired some of the outstanding stock they received in the sales transaction. Most of these OTC Pink shell sales are not bought via current share price. They decide on a fair price valuation not tied to current share price, as the volatility of OTC Pinks would make that very difficult to do. It shows some serious good will towards retail investors from the new management to do this, as well as confidence in the in coming entity. Hope this helps and good luck.
I know right. Not to mention we now got the resume of the new President thru his linked in profile.
http://www.linkedin.com/pub/christopher-kempisty/14/342/865
Highly connected financial services guy, I just hope nobody got duped by the poster who was posting that errant information. This is only the beginning here imo, once weve churned the overhang and maybe get some word from the new management it will be go time!
That guy is full of sh_t! If you look at the officer list and the addresses of the new management it's 15 maiden lane suite 1002.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=C9biUSI5xK90pQqv6BTIbA%253d%253d
If you google that address you get Liberty Tax Service a Nasdaq publicly traded company.
https://www.google.com/search?q=15+maiden+lane+suite+1002&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-beta
http://ir.libertytax.com/phoenix.zhtml?c=233197&p=irol-irhome
Now you run the new Presidents name (Christopher Kempisty) in linkedin and you get
http://www.linkedin.com/pub/christopher-kempisty/14/342/865
Securities broker dealer / CPA / Manager at Liberty Tax Service etc... So this is our guy. As far as all the fraud nonsense b.s. look at his resume and tell me he's a penny scamming CEO. I think not. The real fraud is the poster posting non factual crap posts. lol.
GLOBAL NEW ENERGY INDUSTRIES INC. is a newly rolled in entity into the old Carbon Jungle shell. Good stuff is on it's way here.
you say youve been here for years. but your posting history only started 6/29/2012. hmmm, thats strange. and today is your first posting to CBJG.
Wow! Who reduces A/S down here in the OTC world? Nobody, except these guys! This thing will be pegged for big gains when the company makes their announcements!
Damn, that is impressive. Looking forward to updates on this new entity! GLOBAL NEW ENERGY INDUSTRIES INC.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=C9biUSI5xK90pQqv6BTIbA%253d%253d&CorpName=GLOBAL+NEW+ENERGY+INDUSTRIES+INC.
CBJG and heres why.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=C9biUSI5xK90pQqv6BTIbA%253d%253d&CorpName=GLOBAL+NEW+ENERGY+INDUSTRIES+INC.
Carbon Jungle new management, new name! It's go time...
PTAH ~ 3 filings today covering up to June 30th 2012. End of the last quarter with Ted Leverette II as CEO, President.
http://www.otcmarkets.com/stock/PTAH/filings
Leonard Lewensohn, the new CEO filed with Nevada SOS as President on 7/3/12. Next filings and any news will be from new management!
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=BoZgLnfxShTSLnet4eWjXA%253d%253d
Todays sellers did not time it very well. As things are happening!
And you got it all dead on... except your R/S sizing was a little small. lol
Are you sure you didn't mean it feels like player introduction time 1996-97 United Center, Chicago Bulls -vs- Utah Jazz NBA Championships? And EQLB is wearing #23! It's only a matter of time and filings, product placements, high profile product endorsers, press releases etc... Booya! I'm ready!
Hype? Shell transfers hands to new management and that's not a material event? Plain and simple some people didn't have patience here. There loss is others gain. Merging in a new entity doesn't happen overnight. There is a progression, Mr. Lewensohn acquired control in early July, only two weeks ago he amended the A/S, assumedly for the incoming entities controlling interest block. To me, that's progressing. I'm not a date setter but I am comfortable in knowing what I know so far. Feel fortunate not to have new management come in and R/S us back to the stone ages.
I would like to thank the seller as it was another pick up to add to my ever growing pile of shares. I think my cost average now is in the 001 - 0011 area. Buy the fear and sell the cheer, Booya!
You said exorcism in post #666! All kidding aside I got in on some of that .003 goodness today.
Reverse split. 100 for 1 filed with Nevada SOS.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=3BSotk0etxa5JZdo245hZg%253d%253d&CorpName=FORTERUS%2c+INC.
Ha ha you are a very funny person! Kevin Jasper done screwed us over. And he left the A/S at 3B. What an a-hole!
http://www.sunbiz.org/pdf/38581085.pdf
Reverse split! For every 500 you own they will become 1 lonely share.
http://www.sunbiz.org/pdf/38581085.pdf
I caught the Oklahoma sos SPFM to MIHL name change the day it posted to the Oklahoma sos website. So when I went to look at the chart somebody mysteriously gobbled up millions of shares at 0002 right before that info posted (sometime in early June I believe). Imagine that. Anyways I put in for a million at 0002 one of the few days it wasnt being protected with fake 5000 lot size bids. And they filled me! For one share (1)...lol Anyways that 1` share converted to 1 mihl share today! yes! a 45 bagger! I am so grateful I didnt get filled as .009 divided by 500 = .000018. That would be the price pre reverse split, that I could finally sell at (today). I will be back after they have fully diluted and can buy in at a 100,000 shares for the price of a Mc Donalds combo meal. Enjoy your day.
Old management with those promos. New President Leonard Lewensohn, fresh start! PTAH!
Yup, the fundamentals haven't changed. Still have a new management team who will update in short order. PTAH!
I forgot I still own this. I agree, within the next few years we should see some company action. lol
Only a matter of time before this is over a penny! New ownership, tiny float.
Nice! I grabbed more this morning! PTAH
Here is a quick little nugget of DD on the players involved. Before MYFT was MYFT it was ANYT (controlled by the same people as PTAH is now, Morgans, Lewensohn). They controlled MYFT and a whole lot of other subs were within ANYT. Here is the OTC MYFT page where you can see under company notes the ANYT to MYFT change.
http://www.otcmarkets.com/stock/MYFT/company-info
If you look at this filing Page 10 of 19 Part C. Management and control.
http://www.otcmarkets.com/financialReportViewer?symbol=MYFT&id=31723
you will see ANYT personnel was Leonard Lewensohn, Jean Morgan, and Lynn Morgan (daughter of Jean Morgan). Although any of the old ANYT filings will show the Morgans & Lewensohn.
You will see that all 3 are experienced in the international carrier business. As stated in this filing. Here is another little blurb from back in the day about Lewensohn and the Morgans at ANYT. Read through the whole page and you will see management at the bottom.
http://www.elertgadget.com/palert/_4803.htm Nice market cap and share price!
Names look familiar?
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=BoZgLnfxShTSLnet4eWjXA%253d%253d
If you go back and look at some of the financials when MYFT was ANYT and the Morgans and Lewensohn were in control they were doing double digit millions of revenues yearly! Heres one of the fins, theres a bunch of them w/ numbers to crunch as well as showing Morgans and Lewensohn in control. Good DD showing these guys do real business and not running a share printing press as their primary operations. lol
http://www.otcmarkets.com/financialReportViewer?symbol=MYFT&id=23432
I now see why Augie05 sees a major transportation roll-up in the works with this one. Real deal here folks!
Yeah, I will post some doc's tonight about his past history w/ OTC's PTAH
I see you are a MYFT guy. And I know Lewensohn was in on that deal also. The anything brands online / myfreight deal. Ive looked at Lewensohns past dealings and have yet to see where he has screwed any shareholders over. I'm sticking w/ this one until fruition of the deal. No R/S so im in for the haul.
Yeah I agree, this thing traded in nickles not too long ago. I expect something soon as you dont file amendments without a "GO TIME" plan.
Yeah I agree Lewensohn is a M&A guy, and he took over in early July for R/M purposes... BUT, they are not doing a reverse split with the new incoming company as they raised the A/S. I believe they did this for the incoming company to control PTAH. I like it when incoming companies treat existing shareholders with respect! It's only been one week since the last amendment, so were pretty fresh here. I put in a email to Lewensohn a few minutes ago, will update when responds.
Work thru the overhang- day one
Then off to coopertown!
PTAH this baby moves quickly! Nice to see no reverse split with it either. I'm in!
Yes new owner with no reverse split.