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Yep...someone sold them to them DOWN HERE...why does that not concern anyone...with 10 days to go?
Smells like "postponement" of dividend again...to me...just does not compute! This should be at .05, if you believe its happening and valued at what this board suggests....
Would anyone here be kind enough to explain Why this stock continues to move in the opposite direction of "good news" coming...?
Supposed to declare dividend (AE) within 10 days...as it approaches...SP continues go down as we reach deadline.
Doesn't this smell like another postponement of Dividend Announcement?
Otherwise ... no rational explanation..(not an MM issue...someone has been selling BIG time..
Required to file 8K if material fact.
I'll answer why it is not going up. (unless 250 to 1 reverse merger)
INTK is incapable of landing a major contract for its products for as a Building insulating product. It cannot represent or certify an R-Value which the Department of Energy and every Building Department in every municipality in US requires for a building permit.
For renovation or just insulating upgrades...the same...no R-Value.
Without this, it has only value as an industrial coating....Relatively low volume of sales compared to what the Iceman indicates or thought extrapolating sales and share price based on these "possible" sales discussions...which are really "impossible" sales.
It might have sales...but they will be limited and this company should probably operate as a "close corp" not public.IMHO
Robust IP.....watch out shorts!
I agree...someone is playing games...but with 13m shares...the short squeeze with come.....pay the piper
Along those lines...they will get their B---s blown off it TROV gets acquired for their IP before they actually get into sales...could be really big bucks per share....$20-$30 ps. IMHO..and that is conservative.
The real question is why are they being SOLD?
Is another extension/postponement of dividend in the offing?
Interesting Stock Activity today......nice volume starting at 2:30pm...almost 250k shares...must have announcement coming soon...very soon....IMHO..
The problem is that they are "pumpers" trying to move the stock up ...not down. Pitiful
"serious problems" are facts...."in the bag" is NOT a fact...for all the cheer leaders.
agreed... I saw them before in SLMU and it also took a dump the week they showed up to "pump" it...was in the .30's now .18
bad sign and misguided move by management here...
Call Iceman...he claims in his posts he "knows" who the sellers are...
Lol...if you have a friend who owns USPR can you prove that to me? Perhaps he wants his privacy? Don't you?.... LOL...your getting very ridiculous in your logic or lack thereof.
Very serious issues here and are not going to be fixed anytime soon, if at all.
Very simple...can't believe you are having a difficult time grasping it...Open lawsuit, not resolved, forecloses any closing of any deal if one exists. Who is going to buy from a Seller or participate in a property with an owner, if the Seller/Owner can not give or provide proof of no other claims by third parties.
Why do you think Bank require title insurance in US. ??? Prove and insure title and no claims or liens against it.
No final (unappealable) settlement = no deals...
Dont have to "prove it" ... I know him. If he wants to reveal himself he will...one way or the other...
"Prove it"...OK I'll get his portfolio printout and mail it to you.
Lol...he will let you know when he sells...you will see nice big long dump....
And that 8M shares doesnt include others...like an associate of his who has 1.5M shares at .04 cost basis, selling at .06 still gives him 50% profit and get him out! By the way...this could go on for a year if Mexican plaintiff doesnt budge. There can be no "deal" real or otherwise until clean up Mexican litigation...
ALWAYS can be extended by mutual consent of parties beyond 7.31.12.
MM only REQUIRED to show 5K on bid or ask. They could be holding 1M at a particular price point. You never know. Some never show more than 5k...but you know they are probably holding bunch more...esp. on the Ask.
You already know...if company doesn't get get Mexican claim dismissed by then "someone" will have to pay off Duane Morris and if there is a so called Moon deal (if one)it will not be happening witout property claim settled or dismissed in court.
I am sure Mexican courts have appeal process that would take time to work out. Look at another 30 days (assuming time to file appeal, before any decision could possibly be final on this Garcia clown.
USPR can not settle that without causing the other property owners to go after USPR on same basis. Could be long time before this gets cleaned up before any deal can ever be done.
Only way for quick finality...settle with all previous land owners and get releases from all future claims...maybe cost $5-10M.
Then you have the buyers at .03 - .06...impatient...like 3M shares worth...
and the beat goes on....
yeah....there is a Moon over Mexico...and USPR...ready to unload!
Fairy tale..."ex-lawyers...gave extension because mis-represented USPR"...total fabrication...they got released by USPR for all claims related to representation, if any. You are wrong...that is a FACT.
Told you before...why should DM take on the head-ache of a cow with no milk...still have to feed it! then sell or butcher it....but if they now have someone in their back pocket to off it to...they will.
Other variable for DM is Bankruptcy threat...by USPR..and ties property up longer ...for DM and their money...
BK bad for shareholders...no money to hold out...
The 8K also points to another option for Moon...buy it out of bankruptcy.
IMHO....IF USPR does not come up with $ 12days...will be forced to file bankruptcy if Duane Morris does not give more time...AS ALLUDED TO IN 8k.
That would surely tie things up for a while....who would buy the "assets" out of bankruptcy and for how much...no cash flow so would have to be Liquidation....Chapter 7.
What will happen with shareholders equity?...depends if they can get bid for property and how much.
They have at least a lien now and could take the property. The "pledge agreement" was not in the 8K for May 27, 2012. The Pledge could also involve an already executed "Deed" (if done correctly), which upon default would require only notice of default, time to cure, then failure would permit recording. Nothing esle UNDER NORMAL CIRCUMSTANCE...but without reading pledge can't tell for sure.
ALSO....USPR..executed a release of all claims against Duane Morris for its representation...so to say they gave "time" because of poor representation...is bogus.
read from last 10Q:
In addition, under a settlement agreement, we are obligated to pay Duane Morris LLP, our former attorneys, the sum of $ 1,614,216 in four equal payments, at 90 day intervals, beginning in May 2012. Certain other conditions may apply which would result in an acceleration of such payments (Please refer to our Form 8-K filed with the Securities and Exchange Commission on May 27, 2011). O n January 7, 2010, our Mexican subsidiary granted and pledged to Duane Morris, as security for the payment of outstanding legal bills, a security interest in and a lien on all of its rights to our mining concessions in Mexico. A Payment Agreement and General Release also were signed by the Mexican subsidiary which imposes restrictions on our ability to conduct our business without the prior written consent of Duane Morris. Under the settlement agreement, we also released Duane Morris and, inter alia , its partners, from any and all liabilities or claims the Company may have had in connection with the provision of legal services rendered by Duane Morris.
As of the date of this report, we have not paid the holders of certain of the notes described above as required under their terms. In addition, we have amounts due under the settlement agreement with our former attorney’s discussed above. If we are unable to pay these notes or our other outstanding payables in the immediate future or otherwise re-negotiate their terms, we may be required to seek protection under the US bankruptcy laws or otherwise be forced into bankruptcy.
I agree on some of what you state:
1. MM are the likely shorts if this is being shorted.
2. Duane Morris parted on less than favorable terms.
Disagree on why Duane Morris gave extension. Anyone can sue, even on bogus basis, to extort $ in settlement. No evidence Mexican plaintiff has legitimate claim, therefore no evidence Duane Morris did not properly represent USPR.
Duane Morris would give extension, if they would want their $ more than being "stuck" owning the cow. But they would not wait for ever, IMHO, based on track financial record and where-with-all of USPR.
Speculation on what is really happening...not fairy-tale. Duane Morris can do two things going forward.
1. Deem default if not paid in full in 12 days, and record deed. or
2. Sell position to third party (mining company) for $3M and be done with USPR and double their money.
Certainly someone would buy the property for $3M, even to develope Condo's for Mexican drug cartel. (lol)
Property certainly is not close to a slam dunk for ANY legitimate mining concern. EXK, (NYS exchange) extremely successful mining company mining actively in the next state had absolutely interest in even looking at the property, AFTER looking at published results of core drilling. They recently bought $250M of additional mining property in adjacent state....not USPR.
Moon is "sharp" and wouldn't go on board without doing complete due diligence before going on the board? Throwing 1M free shares for doing nothing enough motivation. Putting buddy with NO mining experience on Board (and given bunch free shares) ...not very supportive of your position...
Word is that he bought ton of stock (of another company) on someone's recommendation involved in USPR and lost a bundle... (more reason not to be happy with USPR) Due Diligence you say? Smart you say? Reports are this guy has lots of money at his disposal, doesn't mean he is always prudent or smart.
Who might be buyer of Duane Morris position?...could be Moon (now that would be smart...and more like a cunning S.Korean businessman) or as stated anyone who wants to buy a lottery ticket for $3M.
But to suggest...this is a screaming buy...is less than reasonable to conclude.
Any day now has been any day now for over a year...Why?
As I stated before...maybe Hail Mary pass coming in 12 days to stabilize situation......but if not ... proverbial dong will hit the fan....and fast.
What a cluster _ _ _ _!
The veracity of the test and property is borne out in the economic interest shown (i.e. firm offers on the table) by suitors...right now that = zero.
He has no doubt make his own valuation of the property where he now sits. No firm interest by other purported suitors affects and determines price...
If I claim to have a million dollar antique car and no at the auctions makes an offer...what is a casual buyer going to offer...especially when everyone left the auction, AFTER inspecting my car?
The tests are not conclusive even in the area where done, and he now knows it is hardly a "hot" mining property... Not exactly the "best kept secret" pitch...been shopped around like a 70 year old "madam"...get the picture now...not too appealing...
that's Duane, Morris
To be more specific...putting Moon on board gave him total access to what deals, if any, that were on the table..total history of property and past viewers/suitors...
Familiarity Breeds Contempt....he fully knows now what the value is to other suitors (if any) and it appears to be zero...no interest
Now he knows he was bs'd and he knows who bs'd him....payback time...no love I am sure...now for the kill...
He has no obigation as an officer to "save" the company. He has no restriction from buying it from a third party lien holder (with deed in hand)
Duane Reed would love to exist with their pound of flesh...the easy way. Giving a 60 day extension does three things..
1. Give USPR a chance at a Hail Mary pass...and "someone" would pay off debt. and
2. Any attempt by USPR to get an injunction against enforcement of lien, met with "we gave them a chance to cure" and they blew it in court. No judge would be too sympathetic...Equity in Duane, Morris favor....
3. Opportunity to sell off right away to third party...at a nice vig...cash out.
Why should Moon pay more than he has to? Would USPR sell for $4M? Doubt they would get shareholders approval. Duane Morris just has to "take" the property and sell it to Moon to double or triple their money.
USPR not really in control unless they come up with at least $1.6 (plus interest,penalties etc.) Moon in control...he has the $, Duane Morris can pull trigger when time up...no more extensions. IMHO
PS. This probably has always been MOON's game plan.
End of rope...
No doubt Duane Morris "accelerated" debt, but stayed recording of Deed to property. No $1,614,216, property gone. Would MOON care if he is contemplating purchase. NO. He would simply buy from Duane Morris for maybe $3M or $4M cash and be done with all the shareholders and drama with USPR.
Could be a quick deal...WITHOUT UPSR shareholders...
And don't think others with Millions in shares would not dump as soon as they smell (or hear it from a little birdie) BEFORE YOU!
I know someone with 1.4M shares at .04...better now then at .02 for him.
ALL of course IMHO...but reasonable scenario.
FROM LAST 10Q
"In addition, under a settlement agreement, we are obligated to pay Duane Morris LLP, our former attorneys, the sum of $ 1,614,216 in four equal payments, at 90 day intervals, beginning in May 2012. Certain other conditions may apply which would result in an acceleration of such payments (Please refer to our Form 8-K filed with the Securities and Exchange Commission on May 27, 2011)."
would you call that "expensively cheap"?
actually averaged to .27 a share...not too bad...
Luckily you were not hit for only 100...would have been .32 a share..
but hey...guy...were talking pennies
Nice Report on CMGO/AE...but Big Boy Competition really not addressed:
Comparison of AE with Competitor's technology would have been more compelling... the failure to compare technology is "CONSPICUOUS by it's absence" Plug anyone of the companies below into this Business Model and they all have same opportunity.
Google aquired Phonetic Arts
Microsoft aquired TellMe Networks
British Telecom acquired Ribbit
"Google (NASDAQ: GOOG) realized the huge potential of audio-based technology solutions amade an acquisition of Phonetic Arts, a British company that specializes in speech output to expedite its grasp on this nascent market. Microsoft made the acquisition of TellMe Networks, a company deep expertise in speech recognition and the intersection of voice and data, an area of keen interest to the software giant. British Telecom made the acquisition of Ribbit, a technology platform for creating voice-based applications over the Internet. These technology giants aim to integrate this technology into its products and services to enable it to translate text to speech and speak to users in natural voices since their revenue streams are largely derived from search advertising, and it expects a majority of its Internet business to flow through smart phones and other wireless devices in the future, which makes high quality voice services a critical component. WITH BROAD PATENT PROTECTION and surging market interest, we believe that the Company is well positioned to exploit this unique niche of the alternative marketing industry"
Would have liked a statement..."With broad patent protections..."competing technologies will be locked-out?", or "infringing on AE patents?", or "required to license from AE?, etc."
So HOW STRONG IS THE COMPETITION?...Competition certainly has the resources to take-on the space....Hope AE are really first mover and AE has resources to market and ready to sprint...
concerned about raise and dilution = price deterioration ?
lol...that's a good one.
No it Juan Vasquez, the guy with the who sells water from his bicycle stand at the mining site, to all the gringos who come to my beautiful country looking to rape it for all the gold and silver...hehehee
funny...Yippi...you got 100 shares...LFAO... Should have a minimum brag quota...like 5000...lol
how about living with 6 to 1 or .... 5.5 to 1....to clarify, if DSTI is trading at 1.40 and SLMU at .28 that would be 5.04 shares SLMU for 1 share of DSTI...
If SLMU .25 and DSTI 1.50...then 6 to 1
If DSTI takes off before deal announced (thinly traded) and reaches 1.65...more shares of SLMU are going to be required for 1 share of DSTI...
and so on....
if SLMU rises now...IMHO...will see rise in DSTI...on speculation of merger.. 5 or 6 to 1....
july 4th not a holiday in S. Korea...though it should be
ARE DSNY AND SYNC ON A COLLISION COURSE?
http://theponderingprimate.blogspot.com/2012/06/disintermediation-is-coming-to-online.html
TUESDAY, JUNE 26, 2012
Disintermediation Is Coming To The Online Media Industry
Labels: online media, transcoding, video
One little company has disruptive technology that is set to transform the entire online media space.
Marc Ostrofsky in "Get Rich Click!" says 'Disintermediation: A New World for an Old Idea".
It means "eliminate the middleman". Through the Internet, a company can deal directly with customers instead of funneling supply through distributors, wholesalers or brokers".
Well the online media industry didn't get that memo yet, but soon will.
Each piece of media needs to be transcoded so all of the various media players can view it. With the iPhone and iPad some media cannot be viewed at all (Sorry Flash).
In order for the new Hershey's Quik ad to run on all players they have to create SEVERAL versions so every device and every OS can play it. Dumb and antiquated.
Just imagine if websites operated that way with browsers. You would be constantly having to update your Explorer, Firefox, Chrome and Safari. Browsers are designed so they can read any website (URL). In other words it doesn't matter what browser you use to surf the Net.
For content sites like Yahoo, it's not a problem to publish new content because it's mainly text. For video sites and advertising agencies it's very costly to publish new content because SEVERAL version have to be made so ALL devices/OS can view it.
As the video boom grows this becomes an even bigger problem, not because there will be more pieces of video uploaded but because the varying devices that can play video is exploding (smartphones, tablets, DVRs, TVs). More video and more devices/Os creates a huge problem that this little company is solving.
That same concept is coming to online media and it's going to transform several multi-billion dollar industries/companies.
Very similar to the ebook industry, where authors could self publish and get their "story" out to the masses without the need of a publisher, the video industry is set to undergo that SAME TRANSFORMATION.
A little company with disruptive technology enables ANY piece of online media to be played WITHOUT a player. No updates or plug ins. No transcoding.
Devices that will be impacted include: cell phones, webcams, surveillance cameras, DVRs, and TVs. If it creates, distributes or plays video ON or THROUGH the Net, it will be impacted.
The middleman/middlemen, such as the transcoders and content delivery networks will be eliminated.
Any device and any operating system with an Internet connection can play any piece of media content.
That means Joe Consumer can create, upload and stream any type of online media WITHOUT these middlemen.
Hershey's will need to create JUST ONE version of an ad and will know that it can be played by 100% of the sites they publish it on.
In my book How To Find Big Stocks, I envisioned that soon every person with a webcam or mobile phone with an Internet connection becoming their own TV channel. That time is soon approaching with this technology.
Imagine the possibilities when a video creator can publish/stream his content without the need of a middleman.
We have already seen billion dollar websites/companies once the content creator has control of distribution. Get set for major disruption in the online media space.
This little company already disrupted the recording industry and is set to send shock waves to the online media industry.
If you want to find out what company has this disruptive technology and IP, please visit How To Find Big Stocks Newsletter
ARE DSNY AND SYNC ON A COLLISION COURSE?
http://theponderingprimate.blogspot.com/2012/06/disintermediation-is-coming-to-online.html
TUESDAY, JUNE 26, 2012
Disintermediation Is Coming To The Online Media Industry
Labels: online media, transcoding, video
One little company has disruptive technology that is set to transform the entire online media space.
Marc Ostrofsky in "Get Rich Click!" says 'Disintermediation: A New World for an Old Idea".
It means "eliminate the middleman". Through the Internet, a company can deal directly with customers instead of funneling supply through distributors, wholesalers or brokers".
Well the online media industry didn't get that memo yet, but soon will.
Each piece of media needs to be transcoded so all of the various media players can view it. With the iPhone and iPad some media cannot be viewed at all (Sorry Flash).
In order for the new Hershey's Quik ad to run on all players they have to create SEVERAL versions so every device and every OS can play it. Dumb and antiquated.
Just imagine if websites operated that way with browsers. You would be constantly having to update your Explorer, Firefox, Chrome and Safari. Browsers are designed so they can read any website (URL). In other words it doesn't matter what browser you use to surf the Net.
For content sites like Yahoo, it's not a problem to publish new content because it's mainly text. For video sites and advertising agencies it's very costly to publish new content because SEVERAL version have to be made so ALL devices/OS can view it.
As the video boom grows this becomes an even bigger problem, not because there will be more pieces of video uploaded but because the varying devices that can play video is exploding (smartphones, tablets, DVRs, TVs). More video and more devices/Os creates a huge problem that this little company is solving.
That same concept is coming to online media and it's going to transform several multi-billion dollar industries/companies.
Very similar to the ebook industry, where authors could self publish and get their "story" out to the masses without the need of a publisher, the video industry is set to undergo that SAME TRANSFORMATION.
A little company with disruptive technology enables ANY piece of online media to be played WITHOUT a player. No updates or plug ins. No transcoding.
Devices that will be impacted include: cell phones, webcams, surveillance cameras, DVRs, and TVs. If it creates, distributes or plays video ON or THROUGH the Net, it will be impacted.
The middleman/middlemen, such as the transcoders and content delivery networks will be eliminated.
Any device and any operating system with an Internet connection can play any piece of media content.
That means Joe Consumer can create, upload and stream any type of online media WITHOUT these middlemen.
Hershey's will need to create JUST ONE version of an ad and will know that it can be played by 100% of the sites they publish it on.
In my book How To Find Big Stocks, I envisioned that soon every person with a webcam or mobile phone with an Internet connection becoming their own TV channel. That time is soon approaching with this technology.
Imagine the possibilities when a video creator can publish/stream his content without the need of a middleman.
We have already seen billion dollar websites/companies once the content creator has control of distribution. Get set for major disruption in the online media space.
This little company already disrupted the recording industry and is set to send shock waves to the online media industry.
If you want to find out what company has this disruptive technology and IP, please visit How To Find Big Stocks Newsletter
anyone figure out the ratio?
accepted