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Nothing yet ANYWHERE:
Nevada SOS
FINRA
SEC
OTCBB
When I see concrete, verifiable evidence that Cambertire has transitioned, has filed, has become transparent, then I will jump back in. The concept is radical and makes sense. It needs a lot of independent testing in order to give the big boys a run for their money, but even if these things happen and the price goes to .01, there is still plenty of headroom for profit.
GLTA
I faced the music that although Cambertires is a very promising idea and looks real (selling tires, videos, etc.) there is a lot that bothers me. FINRA shows no filings since 2006. Nevada SOS shows Cal-Bay as revoked as of 12/2011. If this was going to bring all filings current and be transparent with financials, etc. It would stand to reason that Cal-Bay would come current with the Nevada SOS as a beginning. $5100.00 for reinstatement is chump change for the next Goodyear.
Anybody can make up a website these days and populate it with anything they want (including ticker symbols). I wanted to believe in this and I did so with my money. But I sold at a loss because reason won out over greed and emotion.
I hope a PR comes out with updated financials, filings, etc. But a PR by itself saying they are coming soon is simply blowing smoke up your ass.
Hope to play CBYI again in the future, and I will cheer on all you longs that had the guts to stick it out if it goes to the moon. If that happens... GLTA
DOJ will not prosecute State marijuana laws. I saw this come in on CNBCRT but could not get to trading any of the POT tickers for a while (HEMP, MJNA, PHOT, CBIS, etc.)
http://www.cnbc.com/id/100997109
Hopefully these will run hard tomorrow.
This is incredible stock manipulation. FNMA produces Billions in profits this quarter and sits at $1.60. While the POS ANSU which makes automatic fanny wipers for retirement homes and had $3,900 cash on hand in last 10Q hit $1.75 this morning.
Absolutely U-N-B-E-L-I-E-V-A-B-L-E!!!!
The price ought to be above $100 on the earnings alone!
What really pisses me off about the Prez and Congress approach to FnF is that it is way overdone and they lie to the American people all along the way. They did the same thing with Obamacare; establish an entirely new system of healthcare coverage bloated with bureaucracy and hidden expenses without attempting any simple lower level reforms that would resolve the current “problem.”
Having screwed the pooch on healthcare, they want to take on the biggest component of the economy? The real fix for FnF? Increase the reserve requirements of FnF to 10% (like banks) and increase the threshold in which the government would guarantee the loan (like FDIC). Simple, elegant, and a permanent fix. Taxpayers would not have to worry about insolvency and government, for the most part, would be out of the picture.
What a pump! 30,000% Somebody madea ton of money today.
ANSU
Whatever is driving it must be big. The holding company is diversified but not well funded. No news on their website. http://www.amanasu.net/en/index.html
Can't find any recent news. Anybody have more info?
Mr. T and all, I am new to the board having followed the bread crumbs from some of your other posts on BMTM. So I am curious about some of the acronyms used here. What is APS, TDX, VM, etc. I figured out after a few minutes that references to ATS is "All Things Supreme" but some of the others are not familiar.
Appreciate the board and all contributors. Hope to learn and profit from some veteran traders.
Thanks, Sverte
New home sales jump higher than expected in June, to 497,000.
http://www.cnbc.com/id/100909633
I seriously doubt a President that can't close Gitmo will be able to make the largest buyer of mortages in the world vanish any time soon. He will be out of office (thankfully) before we get anywhere close to that.
Congress is for all intents and purposes deadlocked on any major legislation not fully supported by Senate and House. Doing away with FnF would have a tsunami effect on enconomy and housing. No one in Congress wants to stand up and take the blame for this. IMO this is all posturing. If AIG was "too big to fail" as was FnF, then certainly there is little chance of doing away with FnF in the foreseeable future.
A simple yet elegant solution would be for FnF to pay back the 187.5 billion spent to bail them out, and structure the company so that they have sufficient cash reserves (say 15%) to ensure against meltdown from bad mortgages already on the books. The reserve cannot fall below 15%; no dividends are paid until that level is met and maintained. All governmnet guarantees and preferred shares would decrement as the reserve is built up, and phase out completely when the 15% reserve is established. Government preferred shares vanish. No taxpayer guarantees and no future bailouts.
Then, going forward, for every loan they make, they keep 15% in reserve as self-insurance. FnF returns to profitability on their own, the government gets paid back, and the taxpayers lose future liability. FnF is now a publically held institution and must answer to their shareholders like any other company.
Will something so simple ever happen? I doubt it. But you never know....
I would never buy choclates from any company that had Fannie as part of their name...
Excellent summary of the incredible wealth and potential of FNMA. Appreciate the work that went into this.
I think the general usage of the Grandfather Clause means that we ALL will be Grandfathers (or Grandmothers) before it starts trading.
Just Kidding!
Been lurking for months, reading the same ol' drivel recycled again and again... but I like being reminded of this simple fact.
Thomas Megas earned his M.B.A. from Wharton School of the
University of Pennsylvania in 1969 in Finance and Marketing.
TM has consistently declared his loyalty is to the REAL shareholders of his original corporation. We are the 'hangers on' and when he is ready to make his move we may be very well rewarded for all our 'patience'.
I have been wrong before (too many times) but it is dead money till TM puts the whammy out. Perhaps it will be resurrected soon......
JMO
Google now offers free in-home wireless broadband service. Check it out: http://www.google.com/tisp/
Yep I will be watching the SEC site for further developments. I was a little surprised by "late August, early September" revelation but still hopeful.
Megas has the most to lose here and I would be surprised to see a Wharton graduate throwing good money down the black hole. Although he may no be working for our best interest, we should prosper right along with him if he bring value to BCIT.
JMO
I got all excited this morning that BCIT would have some news on its filings. I subscribe to a change detection service that notifies you by email when a web page changes. One of the pages I watch is the BCIT filing page. I got this email at 3:45 AM.
*************************
Subject: Change detected in page: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1076779 Status: Normal
CC: From: ChangeDetection.com robot <system@ChangeDetection.com>
Reply-to: ChangeDetection.com robot <system@ChangeDetection.com>
Hi!
At your request we have been monitoring the following page for
changes:
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1076779
A change was detected at:
Thu Jul 19 00:45:07 PDT 2007
To be directed to the page, click (or double-click) here:
http://www.ChangeDetection.com/page.html?p=6&id=kdnbcsj1prlw7
***************************
But when I went to the web page, there were no new filings and I could not see anything that changed. I wondered if something might have been "edited" so I looked at the latest 10KSB filed 5-01-07 and don't remember reading the following paragraphs [lately there is a lot I don't remember]. Does anyone know if these were in the original?
Page 2 - Paragraph 1
Litigation Regarding Common Stock Certificates
We filed a lawsuit on April 11, 2007, against approximately 1,500 purported shareholders alleging that they hold improperly issued stock certificates (the “Invalid Certificates”). We believe that, as of December 31, 2006, a total of 525,035,229 shares of our common stock are validly issued and outstanding. This amount does not include the shares of common stock purportedly represented by the Invalid Certificates. Although there are no assurances that we will be successful in the lawsuit, this report assumes that we will be successful in our efforts to invalidate the Invalid Certificates, and therefore, all references to our outstanding common stock refer to the 525,035,229 shares noted above and does not include the shares represented by the Invalid Certificates. See “Legal Proceedings - New Litigation” for a discussion of the lawsuit.
Page 7 - Paragraph 2
Stock Certificate Litigation
We filed a lawsuit (the “Stock Certificate Litigation”) on April 11, 2007, against approximately 1,500 shareholders alleging that they hold invalid stock certificates (the “Invalid Certificates”) that were wrongfully issued and distributed by Mr. Pino and others, which represent the remaining outstanding Wrongfully Issued Shares that we are currently able to identify from the Pino Litigation. The style of the lawsuit is Bancorp International Group, Inc. v. Michael W. Cannan, et al., Case No. CJ-2007-3181, District Court of Oklahoma County, State of Oklahoma.The lawsuit requests the court to rule that the stock certificates held by the defendants representing the Wrongfully Issued Shares be declared void and that we be awarded damages and attorney’s fees and costs in connection with the Stock Certificate Litigation. It is our intent that the Stock Certificate Litigation will determine which certificates and related shares of common stock are valid and which are not valid.
TIA
Sverte
Although he may be taking a break, he probably left "marching orders" for his assistants, attorneys, and the like. Doubt his 'breather' is halting all work on BCIT and other business ventures which may or may not be related.
The wheels and gears may be moving slowly but do not doubt they are moving and he is paying he bills to keep everything oiled and going while enjoying his break and recharging his batteries.
JMO
I found this on the Oklahoma Secretary of State site. Does this mean BCIT is incorporated in OK or just licensed as a Nevada Corp. to do business in OK?
BANCORP INTERNATIONAL GROUP Foreign For Profit Business Corporation Legal
(RA) Registered Agent: SECRETARY OF STATE
2300 N LINCOLN BLVD STE 101
OKLAHOMA CITY, OK 73105 4897
(RA) Effective Date: 10/5/2005
Filing Number: 2312084604 Entity Type: Foreign For Profit Business Corporation
Original Date of Filing: October 5, 2005 Entity Status: Inactive
Effective Date: N/A
Duration: Perpetual
Entity Name: BANCORP INTERNATIONAL GROUP
Entity Address: 377 S NEVADA ST
CARSON CITY, NV 89703-4290 USA
Fictitious Name: N/A
Jurisdiction: NV, USA
Foreign Formation Date: N/A
Things might get interesting tomorrow based upon some events to take place today around 3:00 PM in OKC:
Events
----------------------------------------------------------------Event Party Docket Reporter
Thursday, June 21, 2007 at 15:00 PM
DEFENDANT'S APPLICATION FOR EXTENSION OF TIME TO OBJECT TO JURISDICTION OF THIS COURT(MOD) Carolyn R. Ricks
Thursday, June 21, 2007 at 15:00 PM
DEFENDANT'S APPLICATION FOR EXTENSION OF TIME TO OBJECT TO JURISDICTION OF THIS COURT(MOD) Carolyn R. Ricks
Thursday, June 21, 2007 at 15:00 PM
DEFENDANT'S SPECIAL ENTRY OF APPEARANCE AND MOTION TO DISMISS(MOD) Carolyn R. Ricks
Thursday, June 21, 2007 at 15:00 PM
DEFENDANT'S SPECIAL ENTRY OF APPEARANCE AND MOTION TO DISMISS(MOD)
http://www.oscn.net/applications/oscn/getcaseinformation.asp?submitted=true&number=CJ-2007-3181+...
I got a call from Dustin at E*Trade last night about 7:30 PM. He was getting back to me on an inquiry I made 45 days about about the CUSIP change and when I would be getting my x205's. He said that BCIT was non-transferable and was still bearing the x106's.
I told him that some fellow investors reported that Etrade confirmed they had x205's and asked him how could that be. I asked if he could check to see if some had received x205's. He called back an hour later and said he searched ALL Etrade customers for x205 and there were none; but found hundreds of x106 accounts with x106 shares.
So I asked if that meant that Etrade had received NO x205 shares and held none of the x205's. He confirmed that I was correct; Etrade has no x205 in any customer's accounts.
I find that very curious with today's activity. We shall see....
Ahhh..... Gottcha. Broker to Broker clearing.........
Hmmmm... Maybe someone smells cooking gooose??
Thanks
I am confused. I thought E*Trade was saying the x205's had not yet been released through the transfer agent. Also that the DTC would not clear trades.
What is going on???????
I thought all the X106 shares had to be exchanged for x205 shares BEFORE we traded. Didn't the PR announcing the CUSIP change say they were no longer valid after a certain date?
JMO
Pure speculation here on all the "possible scenarios" that are being floated, including mine.
If Megas wanted people to give up their shares, I think he would have included the surrender letter WITH the lawsuit. The chances of somebody reading the suit and then having a paper in front of them to escape would have significantly multiplied the surrender ratio. IMO
Since the suit was dismissed shortly after surrender letter came out, it does not seem to me that the major intent was recapture the shares with that instrument.
We will have to see what Mr. Megas is up to when a PR or 10Q is filed; he is dumb like a fox methinks.
JMO
Please do us the courtesy of posting a link to the suit when it is filed. I would love to read it.
Thx.
Never heard of a Forward Split being considered a Divvy. Two very different things.
JMO
According to the PR below, you had to have purchased 3 days before the record date of 12/31/06; which would have been the last trading day of the year - 12/29/06.
***************************
NASDAQ Approves Issuance of Harvard Learning Centers' Stock Dividend to Shareholders of Record of December 31, 2006
Harvard Learning Centers, Inc. (PINKSHEETS: HVLN) announced today that it has received NASDAQ approval for the immediate issuance of its previously authorized 1-for-1 stock dividend of the Company's Common Stock, payable to each shareholder of the Company as of the record date of December 31, 2006.
In order to be considered a shareholder of record for this common stock dividend payment, you must have purchased the stock at least three days before the record date of December 31, 2006. Harvard Learning Centers, Inc. has filed notice of this action to pay the stock dividend with the NASD.
In order to receive your stock dividend, please contact us at the following email address in order to receive your documentation for receipt of the dividend:
Wow, the board has been busy! I have been without a computer since Tuesday evening 5/1/07 and have over 1700 posts to wade through. Been a regular here since 8/2005 and monitor more than post.
Can someone clue me into any significant developments since Tuesday afternoon? I have some people membermarked but even those have over 200 posts each. Any help would be appreciated.
I am especially interested in any MegasMail that has come in since 5/1/07.
TIA
The Brit stays the course - look at the September 2, 2005 PR.
Bancorp International Group Announces Temporary Share Trading Suspension
NEW YORK, Sept. 2, 2005 (PRIMEZONE) -- Bancorp International Group (Pink Sheets:BCIT) ("BCIT") has cooperated fully with the SEC from the first moment of contact between the regulator and the company and has made available to the SEC all materials in its possession relevant to an investigation. The company believes such contact with the authorities who have jurisdiction over these matters will result in resolving the counterfeit share issue.
BCIT will continue to complete its filings progress of which had been severely interrupted by the events of the past 12 weeks and will announce a finite share exchange shortly. The exchange will identify brokerage positions with the hopes of seeing the Customer Protection Rule enforced.
Thomas Megas
CEO
OT: On a lighter note since much of this board is filled with discussions about law and lawyers:
A very successful lawyer parked his brand-new Lexus in front of his office, ready to show it off to his colleagues. As he got out, a truck passed too closely and completely tore off the door on the driver's side.
The lawyer immediately grabbed his cell phone, dialed 911, and within minutes a policeman pulled up. Before the officer had a chance to ask any questions, the lawyer started screaming hysterically that his Lexus, which he had just picked up the day before, was now completely ruined and would never be the same, no matter what the body shop did to it.
When the lawyer finally wound down from his ranting and raving, the officer shook his head in disgust and disbelief.
"I can't believe how materialistic you lawyers are," he said. "You are so focused on your possessions that you don't notice anything else."
"How can you say such a thing?" asked the lawyer.
The cop replied, "Don't you know that your left arm is missing from the elbow down? It must have been torn off when the truck hit you."
"My God!" screamed the lawyer. "Where's my Rolex?"
SLJB Announces Updates on Recent Company Events
By: Marketwire .
Apr. 26, 2007 06:34 PM
LAS VEGAS, NV -- (MARKET WIRE) -- 04/26/07 -- Today a SLJB (PINKSHEETS: SLJB) spokesperson announced that the Company's CEO Steve Sulja will travel to Alberta on Monday, April 30, 2007. Mr. Mian Siddiq, the Company CFO will be accompanying Mr. Steve Sulja on his travels. Their agenda and goals for this trip are as follows:
1) To meet and discuss with area mill representatives and owners
to negotiate metric dimensional lumber production for projected
exports to foreign markets.
2) To negotiate pricing for North America operations.
3) To negotiate lease for new location in Calgary, AB.
CEO Steve Sulja added, "There will be some management changes in the company effective as of the first of May, 2007. Mr. Ron Coates, who has been our Sales Manager at SLJB, has been promoted not only Sales Manager in our area, but now appointed General Manager for all SLJB operations."
Leslie Budway will continue her role in the company as our Credit Analysis Manager. In addition she will now take on the task of being or in-house Investor Relation Department. We have decided to do an in-house Investor Relation as opposed to have an outside firm in an attempt to preserve shareholder confidence. This route was decided based on the fact that many outside IR Firms that we contacted wanted to be paid in shares, not money. We did not feel that this was fair to our shareholders when they could possibly "pump and dump" SLJB shares, causing instability and uncertainty amongst our shareholders.
Finally we would like to announce that we have requested our lawyers and they have agreed to depart today for the Middle East, to meet with our lawyers and agents in the region, in attempt to complete long outstanding deals.
We continually thank our Shareholders for their continuous support.
Except for the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. When used in this press release, the words: believes, intends, anticipates, expects, predicts and similar expressions are intended to identify forward-looking statements. Actual results could differ materially from those expressed in, or implied by, the forward-looking statements based on a number of factors, including, but not limited to, costs, risks and effects of the on-going review by the Company, including the impact on the Company's ability to provide timely information as to the Company's business, operating results and financial condition; costs, risks and effects on the Company's business and the trading of its stock of legal proceedings and investigations, including the enforcement proceeding commenced by the OSC and the inquiry being conducted by the SEC; and the impact of the OSC order that trading in the Company's securities cease. Except as expressly required by the securities laws, the Company undertakes no obligation to update such factors or to publicly announce the results of any of the forward-looking statements contained herein to reflect future events, developments, or changed circumstances, or for any other reason.
Published Apr. 26, 2007
Copyright © 2007 SYS-CON Media. All Rights Reserved.
How can that be? Even the bogus shares bore the CUSIP of 05968X106 - didn't they?
Megas stated at one point he was the majority shareholder and personally knew all the other shareholders and that no shares had traded for quite some time. According to his statement we ALL owned bogus shares.
JMO
Interesting...
My trade confirmations for 7-11-05 [nice date] bear the CUSIP 05968X-10-6. Five other purchases AFTER that date only bear BCIT under Symbol/CUSIP.
Wonder what that could mean? Could it mean that Etrade KNEW they were selling bogus stock and fudging the books through NSS? Hmmmm....... could get very interesting.
If BCIT turns out to be the brass ring there will be a lot of new cars on the road with personalized license plates; new sports cars, Hummers, Harleys, etc..........
BCIT #783 BCIT #211 BCIT 539
(totally random numbers picked - don't panic if one of these is yours).
<GRIN>
JMO
You think a reason is needed? LOL
Posted by: cdnkid10
In reply to: Sverte who wrote msg# 71013 Date:4/26/2007 12:21:51 PM
Post #of 71023
Thank you I now see that. Great news for sure! Wonder what Janice will have to bitch about now? ROFLMAO
I was able to read/copy some of the answers this morning as they had a hyperlink "Documnet Available #xxxxxxxxx). Some of those documents I copied no longer have a link to them. It seems the only ones that are available are the DEFENSES BY ATTY STEPHEN J MORIARTY.
JMO
Is anyone able to pull up those documents. I just get an empty page.
TIA
What is wrong with a clearing house that keeps track of the trades; buys and sells and when the volume gets above 10% of the OS, a short position notification is sent to all brokers that is PUBLICALLY visible? That way a trader can tell what is happening real time.
For that matter, we don't even need brokers to make an "orderly market" that can be done electronically now with a single centralized "broker" like the DTC. The whole system is arcane and needs to be rebuilt from the ground up. The problem with doing that is that there is not enough time between trading sessions (even weekends and 3-day weekends) to completely implement the changes. But it will have to happen soon.
The NSS and FTD problems will force the changes - as soon as enough legislators get testosterone hormone injections/and or transplants!
The answer to the problem is NOT the status quo.
JMO