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That 500k "sell", was a buy for me!
Shareholder Update: Thu 8/2/2012 3:12 PM
Greetings XXXXXXXX,
Foremost, thank you all again for your continued support, Sebastian River has done a lot to facilitate the recovery but, it's truly only just begun.
Today, after several meetings our Corporate Equity Speculation & Financing Division has entered into a non-binding Letter of Intent for the acquisition of Trading Desk operations from substantial Private Equity group that has facilitated millions of dollars in capital. “The finalization of acquisition in the company would deliver not only an additional portfolio of equities to our company but, ingrate a proven equity acquisition infrastructure” said Dan Benjamin, CEO after the meeting.
While this is very preliminary, the closing is subject to due diligence and the negotiation and signing of a definitive agreement, and will be released via press release upon the agreement of reasonable timeframes and after the due diligence review.
The Management Team @ Sebastian River
The move back to 45 was a friend of mine knocking out the ask. He's new, I'm sure he'll be around here soon.
GLTA
I'm aware of the contact info. The zip code listed isn't Dallas, it's Houston. I know because I live in Houston.
The address ties to an accounting firm. Anyone live close and go by there?
If not I'm going to see if a friend of mine can.
my favorite in this list is the last one:
Some Strange DD
Poking around using the last known data, the address on the company site, when googled leads to :
Dominos Pizza (doesn't exist)
or
An accounting firm: Bulloch Brown Dupertuis Seger
http://www.planoaccountingfirm.org/
Which does exist! Also, the address on KGRI's site claims area code 77048, the real area code is 77248.
Then if you go back to their last filings, they show an address of:
2910 Belmeade Blvd. Suite 106
Carrollton, Texas 75006
which returns:
http://www.rfid-sys.com/contact.htm
a company called EIS (electronic inventory solutions).
None of this seems to add up... this carrollton address also was the address for the Buff Water so has buff water moved locations as well?
Then for the icing on the cake, happened to check yahoo:
http://finance.yahoo.com/q/pr?s=KGRI
They are showing a new website address:
http://www.mp2technologies.com/
which appears to be nothing more than a glorified google search page.
This could just be an incorrect yahoo listing, or maybe I haven't read far enough back on this board to put it all together?
Just thought I'd share my confusion... maybe someone can clarify the pieces?
*SBRH*
Shareholder Update - July 13th 2012
Greetings Shareholders,
Foremost, thank you all again for your continued support... We are happy to update you all with some positive news, through our continued negotiations with equity and debt holders we believe that agreeable terms have been met between two parties to retire a major long-term liability in the company, details will be discussed further in an upcoming press release.
In addition to the relief of over $246,000 in company debt, we will be announcing the first permanent member of our management team. This individual has been appointed to take office on the 15th of July by our Board of Directors and will be reporting on the success of the debenture portfolio that we recently acquired.
We have received many inquiries (which we always enjoy getting, whether questions, commendations, or complaints) about the Florida Secretary of State filing that is past due, the delay in this occurred because we have been awaiting the appointment of our permanent management so as to save the company in filing and administrative fees.
Sebastian has made great advances and we're happy to have you on board as a stake holder in out interest. 2012 will prove to be the year of the come back for SBRH and we are all extraordinarily excited about the developments occurring every day!
Thank you again for your continued support,
The Management Team @ Sebastian River
Anybody able to post L2 SS? I can't look at L2 while @ work.
Wish I had enough powder to get even 50 million! I only have like 2.5 mil.
This is something I do as a hobby... started with $50 5 months ago, now acct is worth just a hair under 1k.
Slow and steady gains!
go $EPGL
GLTA
My order @ 1 filled in like 10 seconds... I'm accumulating while it's still there to accumulate!!!
Go $EPGL!
GLTA
Email from $SBRH
June 21st 2012 - Shareholder Update
Shareholder Update - June 20, 2012
Greetings Shareholders,
Foremost, thank you all again for your continued support... Yesterday we made our first material contract announcement (in case you did not have the opporuntity to read, we attached it to this email) in several years. By investor demand we have engaged Marketwire to distribute said and future releases for one year, Marketwire plays a critical role in shaping the conversations that happen in newsrooms, corporate boardrooms and social networks around the world, helping communicators move markets, change public opinion and affect consumer behavior.
Yesterday's announcement is one of what we hope to be many more to come in the near future, we have fully implemented our new business plan for the United States operations and have proven in our recent acquisition that that we will grow! Outside of our growth, we have a focus in driving shareholder value, we have not only been successful in driving profitable assets to our portfolio but, diligently working with large equity and debt holders to retire their positions, upon completed settlement we will be announcing the terms of retirement and details of the planned reduction of outstanding shares and debt.
Management plans on having all Florida Secretary of State filings brought current and updated in the next 15 days, this coming through the engagement of new corporate counsel which will also aid in facilitating the journey to a Pink Sheet 'Current' market tier. We now have a complete team of Accountants, Attorneys, Leadership, and have already began the execution of the business plan for United States operations. We are all looking forward to seeing Sebastian's exponential growth in the coming days, weeks, months, and years.
Thank you again for your continued support,
The Management Team @ Sebastian River
Sebastian River Holdings, Inc. Announces Portfolio Acquisition
TORRANCE, CA--(Marketwire - Jun 20, 2012) - Sebastian River Holdings, Inc. (PINKSHEETS:SBRH) is pleased to announce today that it has entered into a material agreement for the acquisition of a high-interest bearing debenture portfolio.
The closing of the transaction was subject to customary terms and conditions including the parties entering into a definitive share purchase agreement in the equity of the portfolio's holding company and the completion of due diligence. In connection with the closing of the transaction, Sebastian River proudly adds over $300,000.00 (USD) in well diversified, high yielding convertible debenture investments to the Corporate Equity Speculation & Financing Division.
Sebastian River's Board of Directors approved a final agreement late June 19th, 2012 and was executed by management June 20th, 2012; the Board commented on the agreement saying, "We are happy to add this new investment to our portfolio and are very excited about the rapid growth potential of the new United States operations."
About Sebastian River Holdings, Inc.
Sebastian River Holdings, Inc. (a C-Corp formed under the Laws and Jurisdiction of Florida) founded in 1995 is a well-diversified holding company with a scope and experience level unsurpassed by peer companies. Operating under three major divisions: Corporate Equity Speculation & Financing, Business Incubation, and Business Services, Sebastian River Holdings is a business development centric holding company.
Shareholders can now subscribe to our Shareholder Newsletter, you will receive Press Releases at the time it hits the wire and other important shareholder announcements.
http://sbrhinc.com/investor-relations/shareholder-newsletter/
Forward Looking Safe Harbor
This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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Barchart upgraded SBRH from Buy to STRONG BUY today!
Barchart Quote - SBRH
Barchart Opinion - SBRH
GO $SBRH GLTA!!!
I fully agree!!! But the upside (for me), if it stays quiet until Friday I can accumulate more! :)
I plan to on Friday to average down some of the 3's I picked up. (if they last that long.)
New to this stock. Got in @ 2, so anything upward is $$$
Looks like MM's only holding ~240k @ 3...
SBRH
GLTA
If the news I've heard is true... it should rise, and rise very nicely!
Love the value here. It's going to go back up, just a matter of time and PR...