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All these 30 and 50 dollar trades are killing this thing.
If it is its pretty bad. They haven't made very much money.
The constant running down of ???? only harms those that remain invested in this stock, whether their rationale is to hope for some miracle, or, a few of us that see a future in a reinvented, emerging business model.
If ???? goes bankrupt, which by Bermuda law requires liquidation, only the investors get hurt. The management that many have found popular to malign will just move on to their next venture. Good luck in recovery. This is a modest, speculative play for me... high-risk/high-reward to help balance out an otherwise conservative portfolio.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109943824
I don't see the difference here.
I don't buy into the lame argument that a stock that takes a precipitous nosedive never recovers and delivers a shareholder reward. Take a look at American Airlines or AIG as just two cases in point that PROVE NEWL is alive and has the ability to recover. That is no guarantee of success, just a guarantee that recovery IS POSSIBLE.
At the end of the day, it is MY money I have invested here and I am comfortable with the play.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109902876
or here
There's gold in all those losses racked up during those formative years as ???? reinvented itself and updated its fleet: huge NOL's that will yield an unprecedented tax avoidance benefit as operations return to normal and revenues and profits get generated. Eurozone NOL's enjoy long term application and can offset much tax for enhanced return to patient investors. In the U.S., tax code provisions are somewhat more limiting, but still offer substantial opportunities for long term value enhancement. Noteworthy in this scenario is the HUGE competitive advantage that NOL's can provide emerging players like ???? in bidding for new contracts, including coal contracts, that longer-established competitors may have to pass on.
or here. Seems like NOLS play a big role in companies that are struggling.
I don't guess there any way to know how much of the 200+ million were converted shares but it would seem someone is sitting on a lot of shares unless there is another explanation.
Ironridge
300m shares were added between July and Dec. but there was only 200 million shares in volume. Does this mean there was at least 100m+ shares converted but not sold into the market?
Economics of Torrefaction Plants with
Integrated Ethanol and Coal Power Plants
http://www.extension.umn.edu/agriculture/business/renewable-energy-bio-fuel/docs/umn-ext-economics-of-torrefaction-plants-with-integrated-ethanol-and-coal-power-plants.pdf
The delay is probably them being denied just like ECO$.
Prior to submitting its reverse-split application to Finra, EcoloCap had processed the change with the state of Nevada, where the company is registered, and obtained shareholders' permission to reduce its number of shares.
Finra stated in its letter denying the reverse split that it had "actual knowledge" that the company or people connected to the company or its proposed corporate action "are the subject of a pending, adjudicated or settled regulatory action or investigation by a federal, state or foreign regulatory agency, or a self-regulatory organization; or a civil or criminal action related to fraud or securities laws violations."
The person that Finra was referring to is Kramer, by virtue of the convertible note agreement.
Read more: Finra may be getting more aggressive in regulation of microcaps - The Deal Pipeline (SAMPLE CONTENT: NEED AN ID?) http://www.thedeal.com/content/regulatory/finra-may-be-getting-more-aggressive-in-regulation-of-microcaps.php#ixzz3Q4Yxvd6u
I would be surprised if Finra didn't stop another split.
http://www.thedeal.com/content/regulatory/finra-may-be-getting-more-aggressive-in-regulation-of-microcaps.php
Finra may be getting more aggressive in regulation of microcaps
by Bill Meagher | Published November 3, 2014 at 3:10 PM
Finra-LG.jpg
When Michael Siegel, CEO of EcoloCap Solutions Inc. (ECOS), signed an agreement last year to sell convertible notes to Asher Enterprises Inc., he knew the money could dilute his shareholders, but he had no idea that months later the agreement would keep his company from completing a 1-for-2,000 reverse share split.
But a Sept. 16 letter from the Financial Industry Regulatory Authority says that the agreement between EcoloCap and microcap financier Asher and a 2013 SEC enforcement action against Asher president Curt Kramer caused Finra to deny the fairly common corporate action.
The denial could be a sign that Finra is now using more discretion and doing more due diligence when considering even the most common corporate actions of microcap companies.
A securities lawyer who has had at least 10 such applications before Finra in the last three months says the securities industry regulator is moving in a more deliberate fashion.
"It doesn't make any difference whether it was a name change, a ticker symbol or reverse or forward splits. Finra is looking at these things more deeply," the attorney said. "They are looking at who the officers are, who the directors are. It doesn't matter what kind of application is being considered. Companies that have solid balance sheets won't have problems, but companies that are shaky are going to be looked at closely."
Finra is responsible for regulating broker-dealers and transfer agents and for tracking trades that take place on domestic securities exchanges and OTC Markets Group Inc.'s (OTCM) platforms, where a substantial number of microcap stocks are listed.
Finra spokeswoman Nancy Condon said the time it takes the regulator to process applications is a reflection of whether the companies provide complete information. She declined to comment on whether Finra was performing more due diligence or whether it had adopted new or different standards for review or enforcement.
EcoloCap, based in Barrington, Ill., describes itself as a network of companies using nanotechnology to develop alternative energy products.
In its second-quarter financial statement, EcoloCap reported no revenue and losses of $622,042 for the first half of the year, and zero cash on hand at the end of the quarter. The company also had $1.88 million in notes outstanding.
Prior to submitting its reverse-split application to Finra, EcoloCap had processed the change with the state of Nevada, where the company is registered, and obtained shareholders' permission to reduce its number of shares.
Finra stated in its letter denying the reverse split that it had "actual knowledge" that the company or people connected to the company or its proposed corporate action "are the subject of a pending, adjudicated or settled regulatory action or investigation by a federal, state or foreign regulatory agency, or a self-regulatory organization; or a civil or criminal action related to fraud or securities laws violations."
The person that Finra was referring to is Kramer, by virtue of the convertible note agreement.
Last November, the SEC announced a settlement with Kramer and his companies Mazuma Holding Corp., Mazuma Funding Corp. and Mazuma Corp. over allegations that they had purchased 2 billion unregistered shares of Laidlaw Energy Group Inc. and more than 1 billion shares of Bederra Corp. Inc. at significant discounts and sold the unregistered shares into the market, making more than $1 million on the transactions.
Without admitting or denying the allegations, Kramer and the Mazuma companies agreed to pay $1.4 million in disgorgement of profits plus interest and penalties.
Finra noted that Asher controls 640.5 million EcoloCap shares and a $32,500 promissory note that will be convertible into stock in January. Converting the note would give Asher about a 10% stake in EcoloCap, Finra said.
An attorney who represents EcoloCap says that the regulator is wrong.
"The magic word is, 'connected,'" said Conrad Lysiak with the Law Office of Conrad C. Lysiak PS in Spokane, Wash. "What does that mean exactly? Kramer is not an officer, a director, a promoter, advisor or transfer agent. Does the company have a debtor-creditor relationship? Sure. But is he connected? Let me ask you this: What if ECOS had filed for a name change? Would Finra be holding that up as well?"
A securities lawyer who is familiar with Finra said the regulator would likely process the name change application because a name change doesn't affect the market, but a change in outstanding shares and share value does.
EcoloCap submitted a notice of appeal of Finra's decision, but failed to pay the $4,000 filing fee, according to a Sept. 30 filing with the SEC.
"I literally had to decide whether to pay my mortgage or pay the $4,000 to Finra," EcoloCap CEO Siegel said.
Lysiak questions why it costs so much to appeal a decision with Finra.
"You can bring an appeal in federal court for no more than $500," he said. "Why is Finra charging so much? It's because they don't want to see any appeals."
Siegel has said in a blog post on EcoloCap's website and in SEC filings that Kramer wasn't connected to the company.
In an interview, Siegel said that the agreement between Asher and EcoloCap is perfectly legal. Siegel said that Kramer paid his fine to the SEC and was not subject to any sort of ban.
"They were looking for any reason to say no to the split," Siegel said. "That's how it feels."
Asher and Kramer, along with related entities like Mazuma, are active providers of convertible debt financing to microcap companies. Kramer, based in Great Neck, N.Y., typically offers high-interest loans that he can convert into stock at deep discounts to market price. Free trading shares can be picked up by Asher at discounts as deep as 70% to the companies' recent trading lows. This structure is often referred to as toxic or death spiral financing.
The companies that avail themselves of this type of finance are aware of how it is viewed by investors. On at least half a dozen occasions in the last year, companies took the unusual step of issuing press releases to let the market know that convertible debt held by Asher had been paid off in full.
Siegel defended his company's use of financing from Asher.
"If it wasn't for guys like Asher, companies like us would be out of business," he said. "They do a service."
Kramer did not respond to a request for a comment.
Laura Anthony, founding partner of law firm Legal & Compliance LLC in West Palm Beach, Fla., said in a recent blog post that Finra's denial of EcoloCap's proposed transaction shows a split between state and federal law.
Before 2010, states had the main authority to approve or disapprove of actions such as reverse splits by companies whose shares were traded over the counter.
But then the SEC approved Finra Rule 6490, which required companies to notify Finra of actions such as reverse splits, dividends or name changes. It also gave Finra power to conduct reviews when such actions were proposed and to refuse to allow the actions when it received incomplete paperwork or when it saw indications of potential fraud.
Finra used its authority under Rule 6490 to deny EcoloCap's reverse split, even though the company had already amended its articles of incorporation on file with the state of Nevada, making the reverse split effective under state law, Anthony wrote.
"Clearly it is problematic when state and federal rules and regulations cause a conflicting result, leaving a board of directors, shareholders and the investing public in a state of flux," she stated. "What is the capitalization of ECOS? In accordance with the state law, the company has approximately 3.4 million shares issued and outstanding; however, according to the over-the-counter marketplace, the company has approximately 6.8 billion shares outstanding. Legally it seems the company has 3.4 million shares of stock outstanding at a trading price of $.0001 and that Finra's refusal to process relates solely to a refusal to re-price the stock as a result of the reverse split and not a broader refusal to recognize the validity of the share reduction itself."
A former Finra enforcement official said that cases like EcoloCap's may become more common.
"They are concerned with the bad actors and they are looking more closely at this niche. I think that is fair to say," the former official said.
OTC Markets CEO Cromwell Coulson said he welcomes Finra looking more closely at companies whose shares trade over the counter.
"Having a more active regulator in this niche will be a good thing for everyone," he said.
Read more: Finra may be getting more aggressive in regulation of microcaps - The Deal Pipeline (SAMPLE CONTENT: NEED AN ID?) http://www.thedeal.com/content/regulatory/finra-may-be-getting-more-aggressive-in-regulation-of-microcaps.php#ixzz3Q4XFawpD
Why does Royce say around the 1:40 mark that F&F have yet to pay a lot of the money back?
VA Loans Outperform FHA Loans. Why?
And What Can We Learn?
http://www.urban.org/UploadedPDF/413182-VA-Loans-Outperform-FHA-Loans.pdf
Higher lows
I think there is a clearing just ahead.
Seems like it's been this way since Wed. They leave sometime after lunch and it moves up.
I bet something is coming.
How is this pull back any different than the last one on Dec 11th through the 16th? Around 8m shares have been traded, so 4m sold between Jan 8th and the 16th. Thats less than 1 percent of the float or less than 1/2 percent of o/s. Looks like it is just a small group selling on news and probably wanting back in.
Wysk Company Profile for
BOUNCE MOBILE SYSTEMS, INC.
Nevada Domestic Corporation | Wysk # RP9TWVA
United States Nevada Unspecified City
Company ProfileOfficers and DirectorsCredit ReportGood StandingPatents and TrademarksFederal AgenciesBankruptcyUCC and Tax LiensReal Estate
Business Registration | Nevada (Home State)
Nevada Secretary of State Data updated August 21, 2014
Business Details
Business Name: BOUNCE MOBILE SYSTEMS, INC.
Corporation Type: Domestic Corporation
Citizenship: Domestic
State of Incorporation: NV
Entity Number: E0601082006-5
Nevada Business ID: NV20061213946
File Date: 08/14/2006
Status: Default
Date of Filing Status Change: 09/01/2013
List of Officers Due: 08/31/2013
Business License Expiration Date: A business license or exemption has not been filed with the office of the Secretary of State.
Stock Information
Capital Amount: $505,000.00
Shares Issued: 5,000,000.00
Par Share Value: $0.00
Filing History
Action Type Document Number No. of Pages Filing Date Effective Date Comments
Commercial Registered Agent Resignation 20130824485-07 12/11/2013
Annual List 20120594884-23 08/29/2012
Annual List 20110669652-98 09/15/2011 2011-2012
Annual List 20100645135-17 08/27/2010
Annual List 20090722151-29 10/01/2009
Annual List 20080555526-88 08/20/2008
Annual List 20070420472-68 06/18/2007
Designation 20070349432-64 05/17/2007
Restated Articles 20070037019-49 01/19/2007
Correction 20070034389-56 01/18/2007 Previous Stock Value: Par Value Shares: 1,050,000,000 Value: $ 0.001 Par Value Share
Registered Agent Address Change 20060801896-40 12/14/2006
Amendment 20060636391-36 10/03/2006 10/13/2006 Previous Stock Value: Par Value Shares: 51,000,000 Value: $ 0.01 No Par Value Shares
Amendment 20060641739-48 10/03/2006 Previous Stock Value: Par Value Shares: 505,000,000 Value: $ 0.001 No Par Value Shar
Merge In 20060592950-68 09/14/2006
Initial List 20060589704-11 09/13/2006
Articles of Incorporation 20060516505-70 08/14/2006 Initial Stock Value: Par Value Shares: 51,000,000 Value: $ 0.01 No Par Value Shares:
Wysk Company Profile for
REMOTE DYNAMICS, INC.
Delaware Corporation | Wysk # Q9GH7HB
United States Delaware Unspecified City
Company ProfileOfficers and DirectorsCredit ReportGood StandingPatents and TrademarksFederal AgenciesBankruptcyUCC and Tax LiensReal Estate
State Registrations
Delaware Texas
Business Registration | Delaware (Home State)
Delaware Division of Corporations Data updated February 28, 2013
Business Details
Name: REMOTE DYNAMICS, INC.
Entity Type: Corporation
Entity Sub-Type: GENERAL
Residency: Domestic
State of Incorporation: DE
Incorporation Date: 01/28/1994
File Number: 2374419
Business Registration | Texas (Foreign State)
Texas Secretary of State Data updated August 28, 2014
Business Details
Business Name: Remote Dynamics, Inc.
Business Type: Foreign For-Profit Corporation
Citizenship: Foreign
State of Incorporation: DE
Business Address: 1155 KAS DRIVE
Richardson TX 75081
SoS Filing Status: In existence
SoS ID: 0013870106
State Tax ID: 15103528798
Filing Date: 05/31/2001
Perpetual: Yes
Charter Names
Name Status Type Consent Filing No. Creation Inactive Expiration
Remote Dynamics, Inc. In use Legal 07/20/2009
@TRACK COMMUNICATIONS, INC. Prior Legal 05/31/2001 07/20/2009
Associated Entities
No associated entities found.
Filing History
Filing Date Document No. Filing Type Effective Inactive Entry
12/31/2012 441542430001 Public Information Report (PIR) 08/31/2012 08/31/2012
12/31/2011 375094890001 Public Information Report (PIR) 07/06/2011 07/06/2011
12/31/2010 344726970001 Public Information Report (PIR) 12/10/2010 12/10/2010
12/31/2009 299054550001 Public Information Report (PIR) 03/15/2010 03/15/2010
11/19/2009 285105100002 Change of Registered Agent/Office 11/19/2009 11/20/2009
07/20/2009 267829510002 Application for Amended Certificate of Authority 07/20/2009 07/21/2009
12/31/2008 267524950001 Public Information Report (PIR) 07/18/2009 07/18/2009
12/31/2006 148105660001 Public Information Report (PIR) 10/18/2006 10/18/2006
12/31/2005 127736260001 Public Information Report (PIR) 04/27/2006 04/27/2006
05/31/2001 000003503389 Application For Certificate Of Authority 05/31/2001 05/31/2001
Has Remote Dynamics always been listed as a Foreign For-Profit Corporation or since they were bought by Telogis?
Why will nobody put up the lies? I see some complain that things are being said as fact like rewards. These same people say that NEWL lies and has lied to shareholders time and time again. They are saying this as fact. So lets hear the lies. Not saying that they are not but come on. Don't complain about someone stating facts without backing them up and then not doing the same.
About Us
Executive Team
Markets
Bio Coal Markets
Upgraded Coal Markets
Technology
Operations
Source: RBE estimates based on data from IEA World Energy Outlook 2010
Bio-Coal To Replace Coal
Bioenergy is a core component of the renewable energy mix, and is supported by support measures in most industrialised countries. The US is a notable exception to this. The underlying growth of biomass power is 3-4x that of primary energy demand growth, but suitable fuels required to meet the needs of power generators have been missing. River Basin Energy addresses this by producing fuel products which contain 90% of the energy content of the original wood, with significantly improved energy density and fuel handling properties, making them mechanically and physically equivalent to coal. River Basin Energy's products can be used interchangeably with coal.
Europe is the most significant existing market for biomass trade for energy generation. In 2007 biomass and biowaste accounted for 66% of the total renewable energy consumption in the EU, or 5% of the total energy consumption. Solid biomass, mainly wood, represented the main share, with the remainder being provided by biogas, transport biofuels and organic, solid municipal waste. Wood represents nearly 90% of all bioenergy fuels, driven by supply security and fuel properties.
Bio Coal Market Perspective in Europe
http://www.vtt.fi/files/projects/biohiili/antti_kokko.pdf
U.S. Coal Finds a Home Overseas
Published Fri, May 16, 2014 | Tim Maverick, Commodities Correspondent
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U.S. Coal Finds a Home Overseas
Many investors are operating under the assumption that President Obama’s so-called “War on Coal” has ended coal’s reign as a primary source of energy around the world.
Indeed, coal energy faces increasing regulation domestically, and its use in the United States is declining. Coal now generates only 39% of electric power in our country, versus 55% in 1990.
Outside the United States, however, the very cheapness of coal has only added to its reach.
Of course, I’m talking specifically about thermal coal.
Thanks to a surplus in supply, its global price recently fell to less than $75 per ton – versus nearly $200 per ton in mid-2008.
And that has set off a chain reaction around the globe…
U.S. Coal Export Boom
Some of that global excess coal is coming right from the United States, which benefits U.S. coal producers.
U.S. thermal coal is offered as low as $65 per ton, which has proven to be just too cheap to resist.
Indeed, U.S. coal exports this year are expected to exceed 100 million tons (mt) for the third consecutive year – a record run.
Our coal is finding a home all over the globe – including Europe…
The European Union imported 47.2 mt of U.S. coal in 2013, up from a mere 13.6 mt in 2003. The U.K. alone increased its coal imports from the United States by ten-fold in that time frame. Germany raised its imports of U.S. coal a good bit, too – from 1 mt in 2003 to over 15 mt in 2013.
That made the United States second only to Russia, in terms of coal exports to Europe. And with raised tensions between Russia and Europe, the United States may very well become Europe’s top coal supplier.
Japan’s appetite for coal has increased, too, following the Fukushima disaster. Its coal use jumped by 15% in 2013.
Japan plans to increase its coal-fired power capacity by 21%, to around 47 gigawatts over the next decade. That means Japan, already the world’s second-biggest coal importer, will import even more thermal coal.
That should also boost exports from the United States, considering that Japan was the 10th-largest importer of U.S. coal in 2013.
Coal Investment Opportunities
This boom in U.S. coal exports presents an opportunity for some coal companies poised to take advantage of the situation.
One company to consider is the world’s largest private-sector coal company, Peabody Energy (BTU). It exports coal from Powder River and other U.S. mines to Europe via ports on the Gulf Coast and the Eastern seaboard. Its coal mines in Australia are strategically located near Japan and other lucrative Asian markets, including China and South Korea.
Another company to consider is Alpha Natural Resources (ANR). It recently opened an office in London because of sharply rising demand in Europe for its coal. The company supplied 2.6 mt of thermal coal to Europe last year. Its port capacity is the largest of any U.S. coal producer.
Finally, another coal firm that opened an office in Europe recently is Arch Coal (ACI). The company has major coal operations in the Illinois Basin. Its cheap coal has become very popular in Europe.
Bottom line: Coal is not dead. On the contrary, the International Energy Agency (IEA) expects coal to challenge oil for the top spot as the world’s biggest source of energy by 2017. Despite environmental opposition, coal plays a critical role in the global energy mix – and will likely do so for the foreseeable future.
And “the chase” continues,
Tim Maverick
Tim Maverick
Has Fannie always been in the rental business?
Did you get an answer on the difference in the O/S?
IMO every move is pushed by big money. Here is an interview about Blackstone and their hand in the mortgage indudustry, Seems like they were advising the govt. Also wasn't there an announcement by Fannie or FHA about some program that had to do with rentals lately.
WA reports O/S 185m on the 5th while ECIG says 170m. Why the difference?
MM trading shares to keep the market going. I here people say this all the time. There are numerous companies trading 0 shares everyday. MMs don't seemed concerned with keeping the market going with these companies. What makes NEWL so special or any the other companies I hear this used with? I have been watching another stock that hasn't had an ask for months but has a bid. Why not keep their trading going?
There was a clear effort to keep it under .087.
15 min. SAR just flipped. Up we go.
SAR just flipped on the 5 min.
Amazing 44m in debt its a huge buy. 45m in debt all hell breaks loose.
65k of buys at .1099 on the ask but 5k .1099 showing doesn't move. Never understood this. If it takes 100k buys to get it to move 10k it's hard to move the ask up.
NEWL is no scam. NEWL was taken advantage of buy vulture debt purchaser Hanover after the Greek financial crisis. Most companies would be dead by now. Instead it looks like the worst is over and going up from here.
ECIG
Signal Update Our system’s recommendation today is to BUY. The BULLISH HARAMI pattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.1053, and our valid average buying price stands now at 0.1056. The previous SELL signal was issued on 12/23/2014, 3 days ago, when the stock price was 0.1167. Since then ECIG has fallen by -9.51%.Market Outlook We may be at a market bottom or at the start of a reaction rally. Let’s jump on our white horses and go for a bullish ride. Today’s candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.
https://www.americanbulls.com/members/SignalPage.aspx?lang=en&Ticker=ECIG
I think they knew this was coming when they brought in new CFO Peter Kent.
I get this but how does creditors foreclose on anything without going through the courts? If they did go through the court where is the documents?