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Finally, about frikkin time.
Who's painting the tape EOD?
Cool stuff.
Gains erased.
Typical.
It's not like we haven't been saying for years ...
... that TIV as an "investment" turned rotten.
Trade it sometimes maybe, but there are certainly better stocks to do that with.
The bad thing is what TIV and its management and its 'followers' did to scores of gullible folks out there when they poured on all the garbage videos and pics from various sites, swearing everything was going great while shouting down and cursing those who have ultimately proven to be 100% correct as TIV dropped from $17.xx to 2-3 pennies.
I wonder how much money those folks lost, those who kept on asking the worst of the TIV-cronies what they thought, and they kept being told 'buy the bargoon prices at these new lows!'?
Some must have died looking for the pot of gold at the end of the TIV rainbow, and some must have seen their nest eggs take a horrible pummeling.
Here's a little something that might help some of those folks when they're trying to figure out what to do next and remembering that "they tried to tell us!". rofl......
Hard to say Geo ...
... used to be simple to get a snapshot here:
http://finance.yahoo.com/q/mh?s=TVLY+Major+Holders
But with TIV now TVLY and on the otcbb Yahoo doesn't provide that info.
I should have thought to take a snapshot of the last available info at that link.
I'm sure there are other sources for info some of which may not have been wiped out yet .... but not interested enough to look LOL.
As everybody probably noticed, once it became obvious TIV's slide was going to continue to death-spiral-financing-no-production-sub-penny-land I totally lost interest in updating the board info section ... why waste the time?
Still say not many dollars are trading ... most are holding ... stuck ... praying for a miracle ... that Gamble doesn't force TIV into BK and as possibly the largest creditor end up with snively T(i)VLY "lock stock and barrel" as the Big Ooze used to threaten.
LOL, sounds like a PLAN to me, a PLAN from WAY back.
What's going on with the SEC, can't believe they aren't going to bust a few pump/dump early-info-trading retails and insiders alike LOL.
Seems like not many shares trading at these levels ..... Not many dollars for sure. Most TIV longs are down so far they're just holding and hoping for any miracle pop, or any pop the specialist might engineer to help institutions get out, being on the otcbb, most will have to dump eventually.
I'm sure there will be some sort of pop, jmho though, specialist will help somebody some day LOL.
IHUB admin said if the symbol/company name/share price doesn't correct itself when trading starts Monday to let them know and they'll fix it.
It's already been changed.
But somebody boogered it up LOL
I guess as of this moment TVLY is a company named Tivoly.
I've notified IHUB Admin and we'll see what they come up with.
jonesie
.04, this is getting hilarious.
"Why will the stock drop to 0.01?"
LOL, why did it drop from $17 to $0.05? Answer that and it might give you a clue regarding whether TIV will end up at sub-penny or twenty........ cents that is.
Talk about manipulation LOL
Stock about to be delisted, specialist manipulating TIV upwards so shorts can short a little higher before the big drop.
Jmho based on seeing similar occurrences in toxicly financed stocks.
Doesn't appear to be ....
The company you mention:
Yorkville Capital Management LLC
950 Third Avenue, 23rd Floor
New York, New York 10022
(212) 755-1970
info@yorkvillecapital.com
The subject of this thread:
Yorkville Advisors, LLC
101 Hudson Street
Suite 3700
Jersey City, NJ 07302
Tel: +1 201 985 8300
Fax: +1 201 985 8266
A cursory look does not indicate personnel crossover.
jonesie
Have we not talked about this for years?
All the insider winky winky nudge nudge garbage going on, the early dissemination of news releases to certain shareholders, unethical if not illegal trading by OPUS members, TIV being nearly a 100% scam company with pumping PRs that would put many pump/dump penny stocks to shame, what we KNEW was going on and warned about for years is now finally coming to public light.
SURELY they won't let him off with a $75K settlement?
Great stuff, as Maximus said in Gladiator "Are you not entertained?"
LOL
jonesie
.088, that'll leave a mark.
Potential delisting woes again?
Another cash infusion from Mr. Gamble could take care of that.
Good point Sunset.
Well, printing/selling less than 70 million new shares will take care of that.
Results:
After all the we drilled blah blah we are looking for blah blah we are going to improve blah blah we borrowed a boatload of money blah blah GOLD! blah blah going to blah blah strategic partner blah blah ......
Bottom line:
2011 net loss $11.7 million
2010 net loss $8.7 million
Great job, losing money 34% faster than the year before.
EPS (negative ... still)
2011 loss per share $0.19
2010 loss per share $0.24
Wow, loss per share went down, so at least a badly negative EPS got a little better .... right?
Sounds good, until you realize the number of shares the 2011 losses were spread over was 63.1 million.
That's 72% more shares than the 36.7 million shares that existed in 2010.
If TIV hadn't printed 26 million shares in 2011 and had instead spread their losses over the 2010 number of shares, THEIR LOSS PER SHARE WOULD HAVE RISEN FROM $0.24 PER SHARE TO $0.32 PER SHARE.
Oil and gas production revenues:
$2.3 million in 2011
$1.8 million in 2010
Oil prices in 2011 were 10% higher than 2010.
Well, that's good, the higher oil prices account for 36% of TIV's increase in O&G production revenues.
Net oil production:
29,785 barrels 2011
24,559 barrels 2010
That's up 21%!
Net production costs increased 20% from 2010.
Well, so much for doing anything more efficiently year over year, to get 21% more product TIV has to spend 20% more. That might work out except TIV's failed business model and bloated overhead structure still results in losing money hand over fist, it's UNPROFITABLE.
$14 million goes out and $2 million comes in.
That's worth repeating.
$14 million goes out and $2 million comes in.
Uh, hello, how does THAT work out year after year?
Where does that money keep coming from?
Oh yeah, they print shares and sell them, diluting shareholders' value.
Total costs and expenses:
$14.3 million in 2011
$10.5 million in 2010.
I suppose someone could make a case for subtracting from those total costs the:
$2.4 million in asset write-offs and impairment charges related to expired leases on unproved oil and gas properties, equipment and goodwill .... and the $1.5 million Hansen litigation settlement.
But then those kinds of costs are ALWAYS around with TIV so they are just a part of TIV's business and business practices, lawsuits, impairment, writing off previously inflated values assigned to various items.
What's up with writing off goodwill? People don't like TIV as much in 2011 as they did in 2010?
Favorite quote: "reflecting the sale of common stock through the Company’s ATM facility with C.K. Cooper & Company"
ATM, I think "ATM" captures the essence of what TIV has been for years for management and a favored few.
Lastly, "Tri-Valley ended the year with $0.6 million in cash on the balance sheet."
"The Company also announced that its independent public accounting firm included a going concern qualification"
All jmho except for all the dismal facts
Everything changes proportionally ...
If it's a 1:10 split everyone who owns shares will own 1/10 as many as they did before and, momentarily at least, those shares will be worth 10x what they were worth before the reverse split.
Same for short interest, someone who borrowed and sold 10,000 shares when TIV was $1.00 per share, and who now has to eventually buy 10,000 shares to replace the shares they borrowed/shorted .... after a 1:10 reverse split they will have to eventually buy 1000 shares to cover the short.
So, if there are 2.7MIL shares short before a 1:10 R/S, there will be 270K shares short after a 1:10 R/S.
Brokerage accounts make these adjustments automatically.
As to what the split-adjusted share price will do after a R/S, my guess is as stated in my previous post ... unless some really great news accompanies the split, eventually the share price will begin dropping again. Won't necessarily be the next day, but .....
So, has TIV, or will TIV, explain just why they are doing this? We can certainly guess lol, but it would be interesting to hear the bulls.... er, words THEY choose.
Take a look at these search results:
http://investorshub.advfn.com/boards/getboards.aspx?searchstr=reverse%20split
One board just posts upcoming reverse splits, another tracks performance after R/S, etc.
jmho
jonesie
Reverse split? Wow
Toxic financing, dilution, and now a reverse split smacks so much of a penny stock it's unbelievable.
I guess there will be those who will say "See? We TOLD you it was going to a buck!"
lol, if they don't hurry, a 1 for 10 won't get them there.
All a reverse split does is give the false impression to new buyers that, well, it isn't a penny stock. Then after the split there's all this NEW room for the stock price to drop.
Take NEOM, a penny stock with a good story a while back, still has a little bit of a story but management/toxic financiers have just treated it like a personal piggy bank.
I ran into NEOM around .05 via a Tobin Smith tout, rode it into the .40's then played a couple of bounces. Then I started documenting what happened to companies NEOM's particular toxic financier got involved with ... road to oblivion.
After the run and the bounces, the stock was around .40, incredible toxic dilution ran it down to a penny, they did a 1 for 100 reverse split and got it to a buck, and now it's at .02 again, which from the viewpoint of folks who bought it pre-split for .10, .20, .30, .40 etc is the same as .0002. A stock which traded for dimes and quarters and touted it's coming great achievements now at 2 one hundredths of a penny.
So, TIV shareholders have THAT to look forward to, going from .15 to 3.00 with a 1 for 20 (woohoo, TIV's over a buck, it's $3, woohoo!), then back to .15 which would be the equivalent of $0.0075 to today's shareholders.
And that's how these scenarios often go.
Or maybe something completely different will happen, like TIV becoming profitable with a positive EPS.
jonesie
Even NEOM's toxic hedge fund financier's manager is lame.
The highest earning hedge fund manager is ...
http://money.cnn.com/2012/03/30/markets/top-earning-hedge-fund-managers/index.htm
Sent from the CNNMoney App for Android
Sent from my HTC Inspire? 4G on AT&T
Excellent summary.
TIV fed the 'yes-sayers' (can we call them yaysayers in counterpoint to naysayers? lol) a steady diet of promises and embellished PRs with outrageously misleading verbiage.
TIV had a very active promoter who fed this same diet to investors including OPUS and who constantly wrote his own misleading sermons.
TIV even invited a few yaysayers to BBQs then sent them out to further mislead shareholders.
Remember all the catch phrases foisted on the unsuspecting by the self-touting videographers & friends who mounted a constant barrage of misinformation at worst, poor analysis of what they were seeing at best?
"If you only knew what we knew"
"If you only saw what we saw"
"Ssssshhhhhhhhh, WE are the only ones who know THIS right now, After Hours trading is still open wink wink nudge nudge".
"You won't believe what's about to happen and you're going to miss it if you're not in"
"TIV is going to spike when what WE know comes to pass sooner than you think, and the shorts will be crushed and if you haven't bought these cheap shares right now you will be sorry!"
The management and promoters of TIV (with the assistance of a few weak-minded helpers) orchestrated this very effectively, running the stock price from $1.50 to $17.00 (thank you TIV, I have to say that since it put a lot of money in my pocket lol) on nothing more than PRs and public statements full of hot air.
And now TIV is at $0.155? Forget the cratering from $17, TIV is nearly 90% down from where it started before the OPUS and EKHO PRs.
JMHO
jonesie
Rewards are certainly possible.
Options similar to the below have been available within the SEC for years:
http://www.sec.gov/news/press/2011/2011-116.htm
http://www.sec.gov/about/offices/owb/owb-tips.shtml
It just takes them forever to get down to TIV levels.
However, the more direct/relevant info they have, the easier it is for them to mount successful cases with monetary sanctions.
And hasn't TIV and it's promoters provided a WEALTH of direct/relevant info over the years?
Oh yeah. ;)
jonesie
Oh yeah, and they have been provided with ....
.... a LOT of other stuff in the "communications" category to play with as well.
Interesting they want to see records going all the way back to 2002 eh? ;)
And these "dealings" have indeed been going on for years and years.
Remember the days of TIV giving out advance copies of news releases to "certain people" before the NRs were public, and while TIV stock could be traded? And these advance copies were posted on private message forums where some of the most outrageous TIV promoters congregated?
There was a documented spike in After Hours trades right after the below was forever preserved on the Internet, you'll remember this incredible posting from 2004. Note the date (and time) of the posting, as well as the date of the NR when it was released publicly through proper channels.
===============================================================
http://pub42.bravenet.com/forum/3573198171/fetch/353314/1
Subject: NEWS RELEASE GOING OUT MONDAY (shiiiiiiisssssshhhhhhhhhhhh!!!)
Name: rod
Date Posted: Jul 16, 04 - 4:35 PM
Message: NEWS RELEASE
HEADLINE: TRI-VALLEY HAS SUCCESSFUL TEST ON BIG EKHO DEEP WELL
CONTACT: F. LYNN BLYSTONE, PRESIDENT & CHIEF
EXECUTIVE OFFICER
Bakersfield, California July 19, 2004 AMEX “TIV”
Tri-Valley Corporation confirmed today that a diagnostic hydraulic fracture process on its Ekho deep well indicated a successful breakdown of the Vedder Sand formation at the 18,000-18,500 foot level and provided important information for designing the main “frac” job to be done on the well.
Drilled in 2000, the well found huge amounts of extremely high quality oil and gas in place but locked in very tight formations. After searching the world for an analog, Tri-Valley realized it would have to pioneer the completion treatment necessary to extract the oil and gas at commercial rates. A key point of information is whether or not the formation can be broken within the limitations of the casing strength and the diagnostic frac showed that it can be done.
“We have not only looked around the world for wells of comparable high pressure, high temperature and formation characteristics, we’ve spoken with many worldwide frac experts to find an already tried and true program and concluded that we would have to design it ourselves. The diagnostic frac results support our present ideas and we are preparing for a full test,” said Joseph R. Kandle, president of Tri-Valley Oil & Gas Co., the operating subsidiary.
With an independently estimated 133 million barrels of oil and 162 billion cubic feet of associated natural gas in place in the 320-acre unit, Tri-Valley believes the prize is well worth the pursuit even though its economics are based on a very conservative 12.5% recovery factor. Of course, there are no guarantees that even that recovery could be achieved but it is also possible that ultimate recovery could be significantly higher.
“Tri-Valley looks for bonanza-type targets not only to provide exceptional reward for its drilling partners and shareholders, but also to make a meaningful contribution to consumer demand. California is the world’s fifth largest economy and increasingly imports oil and gas and needs really big discoveries to make a difference – the kind Tri-Valley pursues,” said F. Lynn Blystone, president and chief executive officer.
Tri-Valley Corporation and its subsidiaries, Tri-Valley Oil & Gas Co. and Tri-Valley Power Corporation, are headquartered in Bakersfield, California. The Company is in its 41st year of business as a successful operating company and for 32 years has been a full reporting 12 (g) publicly traded Delaware Corporation. Tri-Valley Corporation stock is publicly traded on the American Stock Exchange under the symbol “TIV” in the United States and is also traded in Europe on the Berlin and Frankfurt Stock Exchanges under the symbol “TVC WKN 911919.” Our company websites, which include all SEC filings, are www.tri-valleycorp.com and www.tri-valley.de.
It's about time.
http://www.sec.gov/complaint/tipscomplaint.shtml
Easy enough to start, takes forever for them to get around to it.
jonesie
Hope everyone is doing well.
Geo, last time I posted here, mid-Nov, TIV was .23.
TIV lost 40% in that brief time. Oh well.
Remember the run from 1.50 to 17.00 ... on what turned out to be nothing other than a barrage of PRs touting a dry hole and a claim of benign funding via OPUS? (MAN, that was a fun run! Even the OPUS bandleader said anyone who didn't cash in on that one was crazy so we KNOW that HE did lol)
With a lot of TIV being handed over to OPUS ... after the OPUS bandleader said OPUS wouldn't be happy until they, and I quote, "own TIV lock stock and barrel" ... how benign does that funding seem to you now?
Happenstance? Or a well designed plan from the get go?
jonesie
"donated"
LOL
http://blogs.wsj.com/speakeasy/2012/01/07/for-chronicle-a-qr-code-commercial/
To promote their coming science fiction film “Chronicle,” Twentieth Century Fox is booking airtime during the second quarter of the Falcons-Giants wild card game on Sunday to debut their QR code “billboard,” a five-second flash of a kind of matrix barcode that, when captured by mobile and internet devices, will link the user to some exclusive footage.
Yeah, pretty funny ...
.... funds that have most likely enjoyed profiting in the past from the efforts of a short-selling toxic financier tax dodging hedge fund based in the Cayman Islands are now unhappy.
Posted before?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70371763
http://www.offshorealert.com/petition-to-wind-up-ya-offshore-global-investments-cornell-capital-mark-angelo-death-spiral-financing.aspx
With a TOTH to Jurisper over at the DD Support Board and Fraud Research Team MB:
"Investors apply to wind-up Cayman Islands fund controlled by US-based Mark Angelo, allege fraud
December 22, 2011 by David Marchant HIGHLIGHTS
Investors in YA Offshore Global Investments Ltd., f.k.a. Cornell Capital, allege fraud, stock manipulation and self-dealing by insiders, who include controversial New Jersey-based former stock broker Mark Angelo.
Alleged misconduct involves several penny stocks that are publicly-traded in the USA. Fund directors identified as Mark Angelo, Matthew Beckman, and Gerald Eicke. Fund specializes in "death spiral" financing for U.S. penny stocks, alleging fraud, stock manipulation and self-dealing "
Thanks sunspotter!
Gotcha.
"myth that NeoMedia is about QR codes"
Wow, then there sure are a lot of OT posts on this board.
;)
So, aside from QR codes, what other things are NEOM's patents good for that could make enough (LOTS) money fast enough (FAST) to assuage YAGI's greed and leave enough money for share price appreciation based on actual net earnings?
That's not to say that the next hype du jour can't make this a penny stock momo trading vehicle again, but my question has to do with a viable business being behind a publicly traded stock ... or not.
jonesie
QR codes dead before NEOM ever makes $$ ??
Say it ain't so.
I just ran across that too, zipcash.
It wasn't a matter of IF.....
TIV would re-state, just a matter of WHEN.
Does the phone # on their website not work?
TIV up 50%+ from its recent (all time?) lows
Nice gain for any who bought around the lows.
:)
jonesie
Thanks YJ.
So, there's not a Mobot.com any more, know of a website where you can send an image and it will show links where that image or similar can be found?
And, no, although YA has kept 100s of other companies 'doing business' for quite some time whilst fleecing.
jonesie
Online image recognition
What company was NEOM involved with?
What company is the best one for texting or emailing an image to for possible recognition?
TIA
jonesie