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Did anyone get in on the 0.06-0.75 gain? Shamefully I missed it. Eventhough i started this board. heh. oh well. (:
Does someone else want to be co-manager of this board. I'm out. I decided to get rid of my few shares last week. Shamefully. :) but that's the name of the game.
Good Luck.
I agree. I think even with the reverse split this is a good long. You are buying in cheap to a hot market. I'm holding.
Things fell through! They are still looking.
http://biz.yahoo.com/e/050414/qrus.ob8-k.html
True True. I'm new at this whole game.
I think its kind of interesting how quiet things get.
I still have a majority of my shares. I sold a portion at .36 yesterday. I origionally got in at 0.13.
Now i can confidently sit back and watch. My lesson was, if you doubt yourself do something to make you feel more confident.
Just so i understand the math right.
28 mil currently
700 mil diluted
25:1 reverse split?
Thank you. I have read it and believe it to be true. But as you can see so far today MJET has a lot left to play before it is over.
I'm glad that the rest of these earning can be concidered profit for me.
Good luck to all.
if you want to forward it:
tempdir at gmail dot com
Like I said I've sold enough shares to cover everything. Now I can sit at watch it without worries.
I received a reply from hookiehead that stated the same thing from what i believe was Kevin Keating and it seemed like a blow off email. And I can see how Tim Keating might blow off the answer even more. That is mainly why i don't email him myself.
The email from hookiehead stated that everything we needed to know was in the 8k and that float won't be 700 million shares but total outstanding will be at least 700 million shares.
I just got out enough shares to get my money back. Now I can safely play pure speculation and all is profit.
ok this is getting out of hand. No one is convincing anyone else about 3.8% and such.
goosemeister, i agree. If there is any doubt then we should email him or email info@keatinginvestments.com to get the email addy if there is any doubt (didn't notice the email in the pdf before). there is no reason to bicker to "pump" this stock. Personally I am waiting for more news when this merger looks less speculation. I feel that MJET has a few more ups/downs to go through before anything is closed. and yes, that is speculation.
As for being a pumper. I have nothing really to gain if this stock goes up. I am very very small time.
I don't want this board to start to look like ragingbull. There is too much bickering going on there and no real information is given. The same argument is given over there. I started this board so i wouldn't have to read accusations.
I say we take the emails and knowledge that we got ourselves and just share it with others so they can take it as they will. I have not emailed anyone myself and I'm not sure if i plan to. I would just like to keep the signal to noise ration high at this board.
Enjoy.
thank you. I saw that document, just didn't pay attention to the addys.
justconnnect.net?
why would someone own a high level domain name and use a different account for buisness.
http://img157.echo.cx/my.php?image=keating5yk.jpg
shows a tk@keatinginvestments.com
I'd be more inclined to use that. or simply info@keatinginvestments.com to get to the right person. Or hell... even call the office.
5251 DTC Parkway
Suite 1090
Greenwood Village, Colorado
80111-2739
(720) 889-0139
Fax: (720) 889-0135
Mapquest Link San Francisco
150 California Street
Suite 610
San Francisco, California
94111
(415) 433-1800
Fax: (415) 399-9704
"There is also still easy opportunity for those of you who have just bought. At this moment in time, MJET is a pure speculation play. Play it for the swings that will come. " Quote from http://www.ragingbull.lycos.com/mboard/boards.cgi?board=MJET&read=270
This is PURE speculation play, especially if the only information that is available is SEC filings. And I feel It has a little more in it before a reverse split (if inevitable?). Its a position.
"Ever wonder why fund managers can't beat the S&P 500? 'Cause they're sheep, and sheep get slaughtered." -- Gordon Gekko
(from a friends signature)
(:
I don't have the cash to get more. I'm very very small time. I do this for fun during lunch and while my computer is simulating. (:
I think I'm sticking around. I'm in it for the ride and fun anyway. As long as it doesn't drop below $0.15 I'm in profit.
HokieHead: Good luck on your decision.
I will be in it awhile longer. I don't have enough money in it to get bent out of shape and if it drops to 20 or 3 cents its a lesson learned (:
feel free to post your findings here. i think the people in this forum might be better suited to read your email and form their own opinions than what I have seen at ragingbull. The bashers haven't found our little hiding space (:
They aren't a company anymore. Their buisness is now hoping someone will buy the corporate structure instead of going IPO.
After I posted i noticed they have been a shell company for awhile but it is something to keep an eye on. If news comes out of a reverse merger its normally a quick double in share price.
Keating is also one of the best reverse merger companies. Everywhere i go I read how tight of a ship they run and how good their service (cookie cut reverse merger) is.
Isnt the 3.8% the float:
6.8 mil (float)
_________________________ ~4.1%
6.8 mil (float)+ 21.3 mil
I could be way off... please correct me.
from:
keatinginvestments.com/downloads/MJET_Profile.pdf
No news now. Speculation on another MJET.
sorry goose... not ment as that definition.
just ment on people taking profits...
personally i don;t have that much in stake... only a few thousand shares. i could see how people would get worried...
I think Antik has a lot to offer... if not in the jeans in the elvis denim spinoff...
best of luck
-J
sorry wasn't a prediction... just an explination on the drop.
not that its fake... that people are taking their profits... or at least part.
I have a feeling today will be our pump-n-dump day.
ROLCENTRAL - excellent, good to hear about Keating Reverse Merger Fund. i will do some more DD on them.
the comment was to remind people that it is speculative (but looking very good right now). I've been a watcher for quite awhile on investorshub and sometimes things get carried away.
Enjoy the run! :)
Jason
Intellijet is history as a public company, the security that once used to be Intellijet IS NOW Antik Denim, LLC.
Just to note:
if the reverse merger goes through 2005Q2.
article linked from shellstockreview.
http://businessweek.com/1999/99_37/b3646116.htm
I'm new at 'shell corporations' so i am not sure. This is an excerpt from their news site (i bolded the points of interest)
February 9, 2005
The following are excerpts from a letter to shareholders of IntelliJet Marine, Inc. dated February 4, 2005
To the Stockholders of Marine Jet Technology Corp.
Re: Distribution of Shares of Common Stock of Intellijet Marine, Inc.
Dear Stockholder:
This letter is being provided to you by the Board of Directors of Intellijet Marine, Inc. (“Intellijet”), a Nevada corporation organized on October 22, 2004. Recently, you received the Schedule 14f-1 Information Statement filed by Marine Jet Technology Corp. (“Marine Jet”) with the Securities and Exchange Commission on January 13, 2005. The Information Statement furnished you with certain information in connection with the proposed sale by Mr. Jeff P. Jordan of all of his shares of common stock, representing 70.1% of the outstanding shares of common stock, of Marine Jet and the resultant change of control of Marine Jet.
In connection with the above-described transaction, Marine Jet organized Intellijet as a wholly-owned subsidiary and, on January 20, 2005, Intellijet entered into an agreement with Marine Jet providing for Marine Jet to transfer all of its assets to Intellijet and for Intellijet to assume, and indemnify and hold harmless Marine Jet for, all of the liabilities and obligations of Marine Jet. Subsequently, the Boards of Directors of Marine Jet and Intellijet . . . . . authorized the distribution of all of the 21,822,570 outstanding shares of common stock of Intellijet owned by Marine Jet to the stockholders of Marine Jet of record on January 24, 2005 . . . . . . on a pro rata basis (the “Distribution”). . . . . .The shareholders of Marine Jet have received stock representing the number of shares of common stock of Intellijet that is equivalent to the number of shares of common stock of Marine Jet that you currently own.
. . . . . . . . . . The Boards of Directors of Marine Jet and Intellijet determined that the Distribution would be in your best interest for the following reasons:
·Intellijet will be a private corporation focused on the further development and sale of marine jet technology. . . . . .
· We believe that Intellijet will have a better chance of commercializing the technology that Marine Jet has worked to develop for so long because Intellijet will not have to cope with the complex problems and financial burdens associated with the new regulations affecting public companies.
· Marine Jet will continue to be a public company with its shares of common stock traded on the OTCBB.
· You will continue to own the shares of common stock of Marine Jet that you currently own . . .
Sincerely,
IntelliJet Marine, Inc.
4805 158th Court NE
Redmond, WA 98052-5261
425-869-2723
info@intelliJetMarine.com
_____
I too would like to know more about the process. It seems that you retain the MJET stocks and intelliJet goes private. But is MJET a company anymore?
My understanding is that a company (MJET) is purchased by a private corporation(antik jeans) which then uses all of the SEC filings from the company to become public. eventually changes the ticker and then you own that amount of then new company. I may be wrong...
Reverse merger in order?
The company is working with the US Army to develop a therapy to treat people exposed to mustard gas. The underlying technology for the potential therapy, MultiStat, is also the basis for an anti-aging product and other cosmetics Quick-Med is developing. A second technology, NIMBUS (Novel Intrinsically Microbicidal Utility Substrate), uses bio-engineered antimicrobial polymers to protect buildings from rot, wounds from infection, and industrial and consumer goods from harmful microscopic pests. Chairman Michael Granito owns about 30% of the company; president David Lerner owns about 20%.
Any thoughts on IDGE?