Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
About time, nice to see that Scott or someone is still around. Link to the blog post: http://lctiinc.com/blog/2014/10/2/lcti-subsidiary-secures
Good volume at least, its the most we have seen here for some time now.
An electronic trading platform that offers fast execution and direct market access. The platform is an exchange for stocks and exchange-traded funds (ETFs).
Read more: http://www.businessdictionary.com/definition/NYSE-Arca.html#ixzz35fmAyzWN
The total number of bitcoins up for auction is 29,656.51306529. The total value of the bitcoins up for auction is $17,400,000.00 (Seventeen Million Four Hundred Thousand). Depending on what the auction goes for the value could increase a good bit.
Have you even bothered to check why these past T12 halted stocks are no longer traded?
My guess would be no. Almost every single one of them have completed a Merger or Acquisition.
Ticker Company Reason No Longer Traded
ATMI ATMI Inc Merger/ Acquisition
STSA Sterling Financial Corporation Merger/ Acquisition
HITK Hi-Tech Pharmacal Co Inc Merger/ Acquisition
PACR Pacer International Inc Merger/ Acquisition
CADX Cadence Pharmaceuticals, Inc. Merger/ Acquisition
LEAP Leap Wireless International Merger/ Acquisition
ZOLT Zoltek Companies Inc Merger/ Acquisition
Read the 10Q
Purchase Agreement with MJ Enterprises
On January 30, 2014, NaturalNano, Inc. entered into a purchase agreement to acquire all the issued and outstanding membership units of MJ Enterprises (“MJE”) from Jackson August Holdings, LLC, JFish, LLC and A dventure CNY LLC. MJE is in the business of developing, manufacturing, marketing, distributing and selling plating products through GSP LLC. a wholly owned subsidiary. In May 2014 the Company determined that the transaction should not proceed after due diligence was completed. MJE has committed to return proceeds advanced by NNAN which includes a loan of $200,000 collateralized with assets of the MJE and Personal Guarantees
You can always cut the middle man out and go strait to the source:
http://weistek.en.alibaba.com/product/803275584-214302281/IdeaWerk_3D_Printer_the_most_affordable_desktop_3d_printer.html
$699
Looks like the bid is back.
Here are the shares they are talking about:
SCHEDULE 14A
(3) A proposal to approve and adopt an amendment to our Amended Certificate of Incorporation to increase the number of authorized shares of common stock from 6,000,000,000 to 18,000,000,000 shares.
You still might be able to get some. It can come down just as easily as it goes up.
Anyone see where they want to increase their Authorized shares from 6 billion to 18 billion?
Pre 14A
(3) A proposal to approve and adopt an amendment to our Amended Certificate of Incorporation to increase the number of authorized shares of common stock from 6,000,000,000 to 18,000,000,000 shares.
Little more news:
LCTI to Announce 2013 Fiscal Year End Financials:
The Company is pleased to report that we will be reporting its August 31st, 2013 fiscal year end financials in the coming days. The company continues to execute on its business plan and looks forward to reporting the results to our shareholders.
New News Today:
LCTI posted two new blog entries on their website today, http://lctiinc.com/blog/.
First News Article:
WELCOMING IDEAL NATIONAL MECHANICAL CORP. TO LCTI
November 21, 2013
We are happy to announce that we have acquired Ideal National Mechanical Corp. (INMC), a Texas-based engineering and energy efficiency firm, that has been around for nearly 40 years. INMC is now our seventh operating business, continuing our strategy of acquiring and integrating established businesses with solid revenues and positive cash flows. The strategic location of INMC in Central Texas strengthens our foothold in that market, and its focus on energy efficiency is highly complementary to our Industrial Commercial Mechanical and C&I Mechanical energy efficiency subsidiaries, which have a substantial presence in the Texas and Louisiana markets.
In 1974, INMC was established to handle the growing out of state workload of Ideal Engineering (originally founded in 1959). The corporation was established as a wholly owned subsidiary of Ideal Engineering with the same officers and management.
The company philosophy is oriented toward medium to large, new or renovation energy efficiency projects that are public and institutional in nature. This has evolved from market trends and a fiscally conservative management attitude. The company consistently contracts 10-15 projects per year with an annual volume of $7 to $12 million dollars. INMC has an outstanding reputation, with diversified customers ranging from the federal and local governments, to major construction companies, as well as leading universities and hospitals. The acquisition further strengthens our foothold in the energy and efficiency markets.
INMC attributes its continued success to its focus on quality, staying within the areas of the company’s expertise, maintaining a skilled and efficient staff with continuity at all levels of the company, and delivering a quality product ahead of schedule at a competitive price.
Importantly, INMC ownership and management recognized the importance of joining the LCTI platform, which has a proven track record of creating and enhancing shareholder value by merging proven, sustainable businesses with exciting new technologies. We have consistently demonstrated our ability to combine established and long-standing businesses, with emerging technologies. By doing so, we are able to leverage the industry expertise, customer relationships and reputation of the portfolio companies, in order to bring new products to market utilizing an efficient, scalable and low-risk platform.
INMC maintains office/warehouse in the Austin and San Antonio Texas.
Second News Article:
LCTI LOW CARBON TECHNOLOGIES INTERNATIONAL INC. SECURES $10 MILLION REVOLVING LINE OF CREDIT.
November 21, 2013
The Company is pleased to report that they have secured a $10 million revolving line of credit from TCA Management Group.
“This revolving line of credit provides us greater financial flexibility and access to capital in order to more rapidly execute our business plan,” stated CEO Bryan Scott Jarnagin,. “This funding commitment is a testament to the strength of our balance sheet, as well as our successful track record acquiring and integrating profitable businesses.”
TCA Fund Management Group (www.trafcap.com) is Investment Manager for TCA Global Credit Master Fund L.P. and acts as advisor to many small companies from offices in the United States, United Kingdom, and Australia. TCA is a short duration, absolute return fund specializing in senior-secured lending to small, mainly listed companies in the U.S., Canada, Western Europe, and Australia. The team has extensive domestic and cross-border credit expertise, long-standing experience with funding innovations, which is reflected in the volume of transactions completed. The fund is a specialist business with an investment approach that fills an important finance gap in many leading markets.
What is curious about this is they have not yet released an official PR on the two issues. Keeping that in mind take their blog posts with a grain of salt, IMO.
No that's the same website they have had. They did post two new blog entries today though.
http://lctiinc.com/blog/
WELCOMING IDEAL NATIONAL MECHANICAL CORP. TO LCTI
November 21, 2013
We are happy to announce that we have acquired Ideal National Mechanical Corp. (INMC), a Texas-based engineering and energy efficiency firm, that has been around for nearly 40 years. INMC is now our seventh operating business, continuing our strategy of acquiring and integrating established businesses with solid revenues and positive cash flows. The strategic location of INMC in Central Texas strengthens our foothold in that market, and its focus on energy efficiency is highly complementary to our Industrial Commercial Mechanical and C&I Mechanical energy efficiency subsidiaries, which have a substantial presence in the Texas and Louisiana markets.
In 1974, INMC was established to handle the growing out of state workload of Ideal Engineering (originally founded in 1959). The corporation was established as a wholly owned subsidiary of Ideal Engineering with the same officers and management.
The company philosophy is oriented toward medium to large, new or renovation energy efficiency projects that are public and institutional in nature. This has evolved from market trends and a fiscally conservative management attitude. The company consistently contracts 10-15 projects per year with an annual volume of $7 to $12 million dollars. INMC has an outstanding reputation, with diversified customers ranging from the federal and local governments, to major construction companies, as well as leading universities and hospitals. The acquisition further strengthens our foothold in the energy and efficiency markets.
INMC attributes its continued success to its focus on quality, staying within the areas of the company’s expertise, maintaining a skilled and efficient staff with continuity at all levels of the company, and delivering a quality product ahead of schedule at a competitive price.
Importantly, INMC ownership and management recognized the importance of joining the LCTI platform, which has a proven track record of creating and enhancing shareholder value by merging proven, sustainable businesses with exciting new technologies. We have consistently demonstrated our ability to combine established and long-standing businesses, with emerging technologies. By doing so, we are able to leverage the industry expertise, customer relationships and reputation of the portfolio companies, in order to bring new products to market utilizing an efficient, scalable and low-risk platform.
INMC maintains office/warehouse in the Austin and San Antonio Texas.
And the second one:
LCTI LOW CARBON TECHNOLOGIES INTERNATIONAL INC. SECURES $10 MILLION REVOLVING LINE OF CREDIT.
November 21, 2013
The Company is pleased to report that they have secured a $10 million revolving line of credit from TCA Management Group.
“This revolving line of credit provides us greater financial flexibility and access to capital in order to more rapidly execute our business plan,” stated CEO Bryan Scott Jarnagin,. “This funding commitment is a testament to the strength of our balance sheet, as well as our successful track record acquiring and integrating profitable businesses.”
TCA Fund Management Group (www.trafcap.com) is Investment Manager for TCA Global Credit Master Fund L.P. and acts as advisor to many small companies from offices in the United States, United Kingdom, and Australia. TCA is a short duration, absolute return fund specializing in senior-secured lending to small, mainly listed companies in the U.S., Canada, Western Europe, and Australia. The team has extensive domestic and cross-border credit expertise, long-standing experience with funding innovations, which is reflected in the volume of transactions completed. The fund is a specialist business with an investment approach that fills an important finance gap in many leading markets.
Looks like a payment is due by the end of this month:
9. SUBSEQUENT EVENTS
Subsequent to June 30, 2013 and prior to the filing of this report, the following items occurred:
Promissory Notes: On July 25, 2013, the Company borrowed $12,000 from Platinum Long Term Growth IV, LLC pursuant to the terms of a Senior Secured Promissory Note. The note bears interest at the rate of 8% per annum and is due and payable on November 30, 2013.
Series C Preferred Stock Conversion to Common Stock: On August 13, 2013, Platinum Long Term Growth IV, LLC elected to convert 181,604 shares of their Series C preferred shares into 29,056,640 common shares at the conversion rate of 160 common shares per each Series C share.
From their quarterly report http://ih.advfn.com/p.php?pid=nmona&article=58873306 page 13.
Also found this excerpt to be an interesting read:
Increase in Authorized Common Stock: On July 1, 2013 the Company received a unanimous written consent in lieu of a meeting from the members of the Board of Directors and a written consent from the Series D stockholder to amend its articles of incorporation to increase the Company’s authorized common shares from 294,117,647 shares to 800,000,000 shares of common stock. As of June 30, 2013 there were 5,292,124,009 shares underlying preferred stock, convertible debt, outstanding options and warrants that could potentially dilute future earnings. The Company does not have sufficient authorized shares to satisfy conversion of all the potentially dilutive instruments.
Just hit the ask for 2.5mil
Glad to see you back in this pasqualee, at what point did you decide to exit? If I remember correctly you had said you had no intentions of selling a few weeks back. BTW, happy belated birthday.
This news is what we needed for the next push up!
Just did the same, added another mil
And he promises new news every 7-10 days!
NEW PR 10/16/13
http://finance.yahoo.com/news/trans-global-group-inc-issues-123000989.html
CORAL SPRINGS, Fla., Oct. 16, 2013 /PRNewswire/ -- Trans Global Group, Inc. (TGGI) in the last few weeks has published its missing financial reports and Attorney Letters to become "Current" with OTCMarkets. These steps have been taken so TGGI can move forward with new corporate developments and with its plans to uplist one of the Company's subsidiaries as announced last year.
As of July 2012, TGGI's wholly owned subsidiary VersaGreen Energy Corporation, began selling Solar and energy saving products including ("SunBlast" Attic Shield), a thermal shield which traps heat in the attic rafters and is released through the roof via a solar attic fan, keeping the attic temperature at a cool 78 degrees. This reduces the amount of time that the air conditioning unit operates, therefore causing a reduction in energy usage.
Last year the Company began taking steps to enhance shareholder value when it decreased its Authorized shares from 5 Billion to 3.6 Billion, still the number of Authorized shares. The next phase is to finalize a plan to reduce the amount of long term liabilities the company has amassed over the last five years without causing dilution eroding shareholder value. Since the Company is making strides in restructuring its long term liabilities and believes it will complete a deal in the near future, there will be NO Reverse Split on its Common shares.
Over the next 3 months several corporate events will be taking place for TGGI and its subsidiaries as outlined below:
Reinstatement of TGGI and its subsidiaries
The completion of several websites under construction
New Social Media and SEO marketing programs
Video testimonials of prior and new installations
Consolidation of subsidiaries
New product releases
Acquisitions
Audited financials for our Subsidiary to uplist to QB
New attorney for SEC work for our Subsidiary to uplist to QB
Commercial sales division
Finalize restructuring of long term liabilities
The Company plans on issuing a new press release every 7 to 10 days updating shareholders as events happen.
Chris Clarke CEO of Trans Global Group stated "From reviewing TGGI's history for the past 5 years, the Company has tried to move into the energy sector and has always come up short. Since my tenure, we have created a strategic partnership with a successful 15 year old company that holds a FL Solar and General Contractor license. After many months of research and planning, we created a master sales program and went to market to test TGGI's new sales strategies. We made numerous sales and our test has proven to be successful. Now that the Company has figured out how to make money in the Energy Sector (Energy Saving business), we are working to expand on our proven sales program to increase revenues. We feel it is very important to restore shareholder faith and value as we expand our operations and we look forward to completing tasks on time."
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
For additional information about this release please contact
Christopher J Clarke
chris@transglobalgroupinc.com
954-509-3749
Hey Pam,
We are past the ZeroEnergy products. They are moving in a new direction.
Posting outdated products and news does not help anyone.
What makes you think that? Because they already tried back in 2011? http://www.marketwired.com/press-release/global-earth-energy-receives-25-ownership-92-million-firm-global-earth-natural-resources-otcbb-gler-1527626.htm It does not sound right to me that they would do that again.
Looks like a simple oversight to me. Yesterdays date was the 8th, Sydney just mixed up his months a little bit.
Baltic Dry Index (BDI) -67 2046
Baltic Dry Index (BDI) -67 2046
FreeSeas Announces Assignment of the Debt Purchase and Settlement Agreement
Mr. Ion G. Varouxakis, Chairman, President and Chief Executive Officer of the Company made the following comments: "We are pleased to enter into the Assignment, which will remove, immediately upon appropriate court approval, approximately $30 million of debt from our balance sheet. Since our last announcement on July 5, 2013, we have completed our last trade debt swap into equity of about $5.8 million and our equity line. Based on our improved capital structure and debt free vessels, we will now be able to expedite our plans to pursue opportunities for growth, instead of waiting months for Deutsche Bank to be repaid, capitalizing on the current low market values for vessels and improved shipping market conditions. We have greatly appreciated Magna Group's contribution, who was instrumental in structuring and executing a series of transactions including the Settlement Agreement, optimally positioning us in the market."
http://www.globenewswire.com/news-release/2013/09/26/576099/10050084/en/FreeSeas-Announces-Assignment-of-the-Debt-Purchase-and-Settlement-Agreement.html
Are you referring to old news? www.streetinsider.com/Stock+Splits/NewLead+%28NEWL%29+Cancels+1-for-5+Reverse+Stock+Split/7281749.html That was way back in March 2012.