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Help me out kids. I just read the press release...they couldn't name the banking firm in the press release??? "a leading New York-based investment banking firm"
Thanks for the post! Even though I trust Frank as far as I can throw Rosanne Bar, I'm hoping you guys are right and holding my shares to see what happens at the end of the first quarter.
This is Frank. Does it have to be filed in 15 days or can he file for an extension? If so, you won't see it in 15 days.
It may be old...but it is 10 years of constant fraud by Frank. You think he's changed? This is the same scheme with new business acquistions.
Mr. Frank J. Kristan serves as the President of Ludvik Nominees Pty Ltd. Mr. Kristan is the President of Ludvik Holdings, Inc., a Delaware company specializing in venture capital, asset management and advisory services. Mr. Kristan serves as a Financial Advisor of Greener Wind Solutions, Inc. He serves as Advisor of Regency Property Group, Inc. Mr. Kristan served as the President of SavWatt USA, Inc. from October 20, 2006 to March 31, 2010. That's all this guy does! Make alleged acquisitions to build his current stock and then they all crash and burn.
Frank Kristan has always been a crook.
http://frankkristan.blogspot.com/
I agree with Shuler. Flippers don't control this...nor does bmax or any other high roller. All stocks are controlled by business and profit. Frank is a piece of S**t con-artist...always has been. He is just like Bo Linton over at KGET. Both are scum who should be wiped from this planet. However, with the acquisitions being made by this company I'm hoping Frank may have actually hit something and isn't just playing. He's still scum...but maybe he got lucky and, in turn, we will get lucky. I'm in this until 1st quarter earnings are posted...then I will know if Frank is just up to his old tricks or if this thing is the real deal. JMO GLTA!
I can't imagine 10 investors are wrong. I like the chart, I like the dd I'm reading. I'm in for 3.3 million shares today. Got a feeling you guys are right and on top of your game.
I'm not easily swayed icahn, but you make very good points. I have got my money back out of this and am playing on house money now. I look at the 52 week high and it says in January it hit 21 cents a share. That never happened! Something is fishy here...I'm giving it until the first week of March...then I might be joining your cause against Bo.
And since no one wants to give me the rest of their 42's...we will move to the 43's.
LOL SIRI! That was my 1.5 million bid at .0042 Stop taking credit and get off the board punk. This is for real adults.
20 days? I might die of old age by then...and i'm only in my mid 30's!
I'm confused...does this mean nothing happened today like it was supposed to?
I love how the 52 week high is now 340 bucks per share. Wouldn't that be awesome? LOL! My ticker has changed...but I still show I have 15 million shares. Guess the transition isn't complete yet?
should automatically change.
Hope you are right. This is the first time I've ever been part of a R/S...I'll at least ride this out until the end of the first quarter to see what happens.
I too was looking at this and KGET at the same time. Bought 15 million shares of this and 3 million shares of KGET. Fortunately I got KGET at .0006 cents a share. Only thing saving my ass right now since I'm sitting on 15 million pieces of worthless paper here. I'm hoping Ron has something up his sleeve...but with 2 employees and the focus of his turn around being the extra selling of educational DVD's...I'm not entirely optimistic. I'm thinking the only way this stock really recovers is if this company sells out to a bigger company in a similar industry or diversifies into a different niche. We will see. DVD's are becoming extinct. It is all download off the internet now.
Unfortunately...this reverse split tells me this stock might just be a tax write off:
Benefits
According to MSN, there are a number of benefits to reverse stock splits besides preventing a delisting. For example, some fund managers and brokerages consider a stock that costs less than $5 -- known as "penny stocks" -- to be too speculative and are reluctant to purchase them. A 500 to 1 stock split can turn a penny stock into a stock that a manager might consider buying. Also, investors can't purchase stocks under $5 on margin.
Expert Insight
Although reverse stock splits are merely a tactic of raising a stock's price, the need for a company to do so may signal that it is in poor financial health. According to Michael Brush, a columnist with MSN, a reverse stock split is a "red light warning" that a company is in financial trouble. Brush says that as many as three-fourths of companies end up trading lower after a reverse split.
So does that mean the number of outstanding shares would become 3 million and the price per share would be about .05?
I have to assume something is coming being they fired their accounting firm last week and hired a new one on january 8th.
On January 8, 2014, Silverton Adventures, Inc.'s board of directors dismissed Sadler Gibb and Associates, LLC as the company's certifying accountant. On January 8, 2014, the company's Board of Directors approved the appointment of HJ & Associates, L.L.C. as the independent registered public accounting firm of the company.
I told everyone on this board 2 months ago. Company is real. Profits and restructuring are real. You have to spend money to make money. This stock is going to come back. It's just not going to happen until March or July of next year. I am hanging on to my 20 million shares. Whether to company sells out and merges with a bigger company or starts turning profits...it is all up from here. Unless it goes bankrupt. LOL! Yes...I did just say that on Friday the 13th.
That is a no. This thing is just going nuts on high volume right now...but the company is still in the rebuilding/expansion/growth phase. You might see .10 by the end of the first quarter next year...maybe .30 a year from now if you hang on and the company succeeds with its overall plan.
I can't believe I got 1.5 million at .0007
So if Ron filed the extension on the 27th of sep...shouldn't he have to file the 10K by the end of business today?
Congrats all...this is very exciting.
Hope you are right...I would love to see it!
All I have to say is don't get discouraged guys. This stock will go up and down based on news and volume levels. Right now, volume is driving the price up because pricks like Asher, VFIN, and NITE are selling and buying to create interest. Later this week if it hits 6 or 7 they will sell to try and drive it down again and rebuy...it is what they do with sub penny stocks. However, I expect when Ron posts 3rd quarter results...you will see a loss and everyone will be sad...but what you need to watch for is the fact that the loss will be significantly less than Q2. Then I expect a loss in Q4 which will be less than Q3...then I hope to see a profit in Q1 of 2014 and that is when I really think this stock will climb regardless of the assholes manipulating it. JMO
I'm hoping this is one of those stocks that just shoots up 42000 percent in a day. If Ron can pull off his plan, this thing will be great. Go from bringing in 500,000 a year to 5,000,000 a year with a tenth of the overhead costs he currently has against him. Of course, that is probably still a year away...but he seems to have the tools to make it happen. Good Luck All!
No problem...I have renewed faith now that I have seen the operation...the equipment and 2 employees working in the back. Im here for the long haul.
Told you guys I was going to Vegas. Went to Silverton Adventures. Met with Ron Miller in person. Seems to be a very good man. Been in Vegas for 20 years. Guy in Miami and this Ron Miller are 2 different people. This operation is real and running. Ron took me through the operation and showed me the work in process. This may take a little longer to explode than thought, but I think it is on the path of becoming a huge money maker within the next year. That, and I got a free educational DVD on my visit. Don't think the 10K is going to be pretty...but I do think this company will go sky high over the next year...be back to 75 cents to a dollar a share by this time next year. IMO
Same reason there is still a drop today. Volume is picking up because people are excited about the new news...potential new business...but this company has yet to complete a deal and actually bring in money. If it does...BOOM!!!...these are huge deals and this thing will explode. However, nothing is really going to happen until the deal is officially landed. Investors here are just preparing for that scenario which is looking promising.
So does the annual report (10K) reflect the 3rd quarter of this year too so we know if things are turning around and if he is starting to reduce debt and increase profit?
Is anyone getting any 2s today?
Good luck steve. Like I said...I am new to this and just trying to do my research. I am not trying to be negative. Just sharing what i am finding.I am sticking it out for now.
And you could very well be right. Just looking at Miller's past dealings with HIRI and how that company went down...I've lost alot of faith in him. Not only that, when one board member of svad has been dead for 3 years and the other board member resigns...it just makes me nervous. My username is advice needed because I am still very new to this game. I hope I am dead wrong.
Unfortunately, I feel just the opposite. I think Ron is going to run a dying company into the ground and then run with stock holders money. This is High Rise background:
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=349173
If you type HIRI into the get quote space on the investor hub page you will see people who held shares of high rise for 4 years talking on the page about how it is going to run any day...and it never did. Ron and his friends kept giving just enough information to keep stock holders hoping for the big run...then boom...bankruptcy...he gets the preferred stock payoff, his buddies get the assests before the government can seize them, and the stock holders are stuck with millions of pieces of worthless paper.
So I have been doing a bit of research on Ron Miller. I think this guy might be a snake. In a brief summary, here is what I found:
Ron Miller was chief financial officer of high rise recycling systems based out of Miami from at least 1998 to 2003. The company bought as much as they could and the stock went sky high. The company filed for bankruptcy in 2006 and sold its most important stuff to its securities officer mark bracken who opened wilkinson hi-rise which wilkinson happened to be one of the companies high rise recycling bought out when it was building so fast in the late 90's. They are all buddies who knew how to work the system.
Then Ron disappears for about 5 years. In Las Vegas there is an Israeli woman by the name of Sarit Mor who opens a business called Mor Travels in 2006. The name is changed to Silverton Adventures in 2007 and remains a private company until...you guessed it...Ron Miller becomes president and ceo in 2010. Suddenly the company goes public and there all these promised profits and growth plans. He is always late in filing with the SEC...this is the reason HIRI (High rise recycling systems) was taken off the stock exchange board is because the company hid stuff from investors and never filed on time. You can find the news article online or just go to HIRI here on the board and you can read the news and the quotes.
The woman who started Silverton Adventures, Sarit Mor, gave her resignation as a board member in May and has pretty much left the company...the other board member, Mark Rosenberg, died in 2010 but is still listed as a board member. This leaves Mr. Ron Miller as the single board member making all the decisions. Miller might be nothing more than a damn good used car salesman in the stock market.
It is still possible to get out. However, you have to look at the company, not just the shares or the volume. I'll give you an example. My company is private. If it were public in 2008 when the natural gas boom hit, my stock would have been through the roof. Then there was a huge surplus of natural gas for 5 years because all oil companies were going after it. The demand went down and work became scarce because nobody was drilling. In 2009, 10, 11, and 12 I grossed significantly less, but still netted the same because my costs were down from using less equipment. If I were public, my shares would have slashed in half or less because my gross profit was so much lower than in 2008. However, this year, the country has started shipping liquified natural gas overseas and it believes Liquified natural gas is the future, thus the drilling has started again and my gross profit will be much higher. If I had shares, they would once again shoot up. This is the way I see Silverton. They are a real company. Even if Ron Miller posts a loss in October, if he has cut costs and the loss is significantly less than it was in March, then the company is headed in the right direction and this stock could still have a chance at a good rally.
those are the kinds of things I need to know. Thank you.
I look to you guys for help...how about KGET?
Largo, FL - (Accesswire - Sept 24th, 2013) - KleanGas Energy Technologies, Inc. (KGET) announced its Netherlands biomass processing JV project with Global Apollo KleanGas, Ltd. (GAK). KleanGas is a 30% owner of GAK and GAK is a 25% owner of the Netherlands JV.
Present projections show a manure surplus of some 7 million ton annually in the Netherlands. The government has stipulated that processing of manure becomes mandatory in 2014. Currently the JV is raising capital to complete the project and once funded it is projecting revenues
This project is the combination of two opportunities at adjacent locations.
Site 1This is an industrial digester based on organic household waste. The installation has a
capacity of 45.000 ton/y producing some 2,9 mln Nm3 natural gas quality] per year. Profitability of this installation can easily be increased by introducing low cost, high energy biomass. The location is well suited to expand and develop the existing digestate processing to also process the digestate of BVZ. This installation will be combined with the project BVZ [see below] to create economies of scale and synergies in pre- and after treatment of digestate.
Site 2
This project consists of two phases, which will be released in sequence. The first is a
biogas installation on Industrial organic waste and slaughterhouse waste with a capacity of green gas.
KleanGas President William Wylie stated, “This project has great potential for Kleangas. It has always been our intention to license and Joint Venture our technology from patent's pending and monetizes our expertise in the hydrogen markets. This JV is an example of what we anticipate doing more of in the future throughout the world where clean energy has become the new standard in energy production.. ”
Update: All data has been submitted to the authorities of the Italian airport Hydrogen Power Plant and GAK expects a response any day for whether it receives awards on this project.
About Global Apollo KleanGas, Ltd (UK)
Global Apollo KleanGas, Ltd. (UK) (www.gek-ltd.com) is a research and development group dedicated to producing alternative clean technologies that promote energy efficiency throughout a wide range of applications. Global Apollo KleanGas designs, develops and manufactures various technologies including Desalination Plants, Oxy-Hydrogen on-demand generators, Fuel Cells, Solar to Hydrogen, Welding, Cutting and other products to deliver a clean gas that provides energy savings, emissions reductions, on diesel, natural gas applications or fuel cells. All of our products are designed to assist companies in reducing operational costs, providing a competitive advantage and increasing your profitability.
About KleanGas
KleanGas Energy Technologies Inc. (www.kleangas.com) is a research and development company dedicated to producing alternative clean technologies that promote energy efficiency throughout a wide range of applications. KleanGas designs, develops and markets various technologies including Oxy-Hydrogen on-demand generators, Reverse Fuel Cells, solar to Hydrogen, Welding, Cutting and other products to deliver a clean gas that provides energy savings, emissions reductions, on diesel, natural gas applications or fuel cells. All of our products are designed to assist companies in reducing operational costs, providing a competitive advantage and increasing your profitability.
Safe Harbor Statement:
Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as KleanGas or KGET or its management "believes," "expects," "anticipates," "foresees," "forecasts,” "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Company Contact:
KleanGas Energy Technologies, Inc.
www.kleangas.com
Telephone 1-888-720-0806
FAX: 1- 800-914-5571
E-mail: info@kleangas.com
You might be right. I bought all mine at 3 and 4...I have thought about dumping at 2...taking the loss and heading for kget which just got incredible news today and will most likely climb high in the coming days. Instead, I am a business man. I own my own company in the oilfield which is very profitable. I have had my ups and downs over the years because of economical or political change. It might be a mistake because of all the potential I see in KGET...but I am still going to hold for the Oct report.