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Name and symbol change SLPT
http://www.otcmarkets.com/stock/SLPT/financials
Name and symbol change SLPT
http://www.otcmarkets.com/stock/SLPT/financials
Name and symbol change SLPT
http://www.otcmarkets.com/stock/SLPT/financials
Will do!!
I don't think it is......but I've been wrong before!!
Name and symbol change SLPT
http://www.otcmarkets.com/stock/SLPT/financials
Name and Symbol Change!!
OTC Disclosure & News Service
<< Back to News Headlines
Corporate name change to AAP, INC
Mar 21, 2011
OTC Disclosure & News Service
Shibuya-Tokyo, Japan -
On March 20, 2011, we held Special Shareholders Meeting and resolved the change of corporation name to “AAP, INC.”. We are going to request FINRA to change the symbol and name of our company.
We plan to carry out International Agricultural Business, Visual Contents and Publishing Business and International Financial Business as our new core business. We design to make efforts to raise our corporate value.
Former name: BORNEO ENERGY USA, INC.
New corporate name: AAP, INC. (Agriculture and Professional)
Date of Name Change: May 10, 2011
Address: 27SY Building, 1-8-7 Shibuya
Shibuya-Tokyo, 150-0002 Japan
President/CEO: Ikuo Konno
New Core Business: International Agricultural Business (especially Cambodia)
- Visual Contents and Publishing Business - International
5,000 Vol.
15,000 Vol.
That's a start!!
Anything going on?
Just checking in.
Hope something is going on!!
Just hanging out, waiting.
Has anyone tried calling the company?
So ready for some news!!!
News please!!
The Commodities Boom of 2011: Coal Will Be the New Gold
4 comments | by: Martin Hutchinson February 23, 2011 | about: CLF Font Size: PrintEmail Recommend 1 Share this page
Share0 The run-up in commodities prices has been a long one, and it shows no signs of abating. But while the trend isn't going to end, it is going to change. Commodities are going to break into two distinct groups: Traditional inflation hedges, such as gold, and big industrial commodities, such as coal.
Going forward, the industrial path will be the one that investors will want to travel for maximum profit. Here's the No. 1 way to play what we're calling "the commodities boom of 2011."
The Lowdown on the Commodities Run-Up
With commodities such as silver and gold, the prices are based on speculative demand. During the current run-up, loose global monetary conditions and the fear of inflation have served as catalysts for record prices. For the last two years, governments around the world have used monetary policy as a tool to prop up their economies after the financial crash. That has pushed up gold and silver prices: The increase in the yellow metal has been moderate, albeit steady, while silver has doubled in the last 18 months.
However, interest rates are now rising in many countries, as central banks work to head off inflationary pressures. In both Britain and the euro zone, interest-rate increases are quite close -- in Britain, where inflation has already appeared there at the 4-5% level, and in the euro zone, because the managers of the European Central Bank (ECB) are monetarily quite conservative.
It is already fairly unlikely that U.S. Federal Reserve Chairman Ben S. Bernanke will succeed in imposing another period of "quantitative easing," involving large-scale purchases of U.S. Treasury bonds, after the current "QE" program expires in June.
By the fourth quarter, inflation stemming from the world's rising commodity prices may penetrate the notoriously insensitive price reports from the U.S. Bureau of Labor Statistics (BLS). If that happens, Bernanke & Co. may be forced to start increasing interest rates by the end of this year, although the Fed chairman will no doubt do his best to delay and limit the process, as he and predecessor Alan Greenspan did from 2004-06.
With monetary policy gradually getting tighter -- and trillions of fewer dollars in liquidity sloshing around the global economy -- the upward pressure on gold and silver prices will decrease, though they won't disappear immediately.
At the other end of the commodities spectrum, in food commodities and bulky commodities such as iron ore, the trajectory will be different. With this group of commodities, the primary upward catalyst won't be global monetary policy; it will be the rapid growth in emerging-market economies.
Emerging-market consumers, whose incomes are rapidly growing, are nevertheless poorer than Western consumers and do not have the basic goods that are associated with modern affluence. Hence, those newly-minted middle-class consumers are now buying modern apartments, automobiles, kitchen appliances and a host of other items that, unlike electronic gadgetry, require large amounts of such basic materials as iron and steel to manufacture.
Since demand for basic industrial commodities is driven by emerging-market consumers -- not by monetary policy -- there is relatively little speculative activity in coal or iron ore. Instead, the demand is industrial in nature.
This is an important distinction for prospective investors. Price increases driven by industrial demand are likely to persist longer than those that were speculative in nature -- particularly since it's not at all likely that modest interest-rate increases will kill off the growth that we're seeing in emerging-market economies.
Keep an Eye on Supply
We should not, of course, neglect the supply side. For some commodities -- most notably oil -- a number of new supply sources have arisen over the last five years. For instance, Canadian tar sands now form a more substantial part of the U.S. oil picture. And with oil-shale prices currently near $100 per barrel, this is now a viable source of additional supply.
Colorado has a big supply. Outside the United States, the Tupi oil fields in Brazil are due to come on-stream in 2012, while Colombian production has been increasing at a rapid rate and is expected to ramp up further in coming years.
Moreover, the speculative zoom that oil prices experienced in the summer of 2008 showed us that, at prices above $100 per barrel, demand becomes quite sensitive to oil prices, partly because very high oil prices tend to deflate non-oil-producing economies. Thus, the upward pressure on oil prices is likely to be moderate.
Conversely, copper is particularly likely to continue rising in price because new sources of supply take a very long time to come on stream, and many mining projects were severely delayed by the 2008-09 global downturn.
In addition, speculative demand by hedge funds and through the ETF mechanism is withdrawing physical copper from the market, a much more serious problem than with gold, because the world does not have large stocks of unused copper. Thus, copper -- which is "in the middle," between the speculative and industrial commodities -- is likely to continue rising in price, until major new sources of supply come on stream in 2014-15.
That brings us to coal, which is shaping up to be the best way to profit from the commodities boom of 2011.
The No. 1 Profit Play
Coal is at the far industrial end of the spectrum: In the past, supplies have been plentiful, and speculative demand negligible.
Both China and India are heavily dependent on coal for electric power. And both countries have increasingly resorted to imports as demand grows. Furthermore, coal mining has not been particularly profitable in recent years, and developing new coal mines in advanced countries is a permitting nightmare because of environmentalists. There is thus much less capital in the coal industry than there is in the oil sector, and much less ability to ramp up production to meet soaring demand.
So where does that leave us? Coal mines -- not gold mines -- will be the key to investor profits in the commodities boom of 2011.
As an investor, you could do a lot worse than Cliffs Natural Resources Inc. (CLF). Cliffs, working through several Australian joint ventures, is a major coal supplier to China. And through its acquisition of Canada's Consolidated Thompson Iron Mines Ltd., a $5 billion deal announced just last month, Cliffs will become the largest-iron-ore producer in North America.
Cliffs has had a very good run, with its stock price having more than doubled in the past 18 months, but it isn't overvalued. The Consolidated deal will broaden its reach, and it remains very strategically positioned, indeed.
Maybe we will start hearing some news and info about the stock in March with the private stock offering being done on February 28, 2011.
Hoping for some news!!
And another one out.
Another shareholder gone!!
Probably had to buy his girl friend some Valentine roses and some candy!!
How many trades are buys?
26,783 vol. and at .07 +233.33 NICE!!
Our IBOX here was updated on Jan. 5th. Did you miss it....lol
Lets go .10!!
IBOX updated. eom
HAPPY NEW YEAR!! eom
SLPT~NAME/SYMBOL CHANGES
DL Date Date Old Symbol/Name
12/27/2010 12/28/2010 SLPT
SoloPoint, Inc. Common Stock
___________________________________
New Symbol/Name
SLPT
Borneo Energy USA, Inc. Common Stock
http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=SLPT
Thank you!! eom
It is showing the symbol has not changed!!
http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=SLPT
Have a very MERRY CHRISTMAS!!
Still here....eom
I'm here everyday. Just nothing to post!!
The day it became active it started the day with Bid .0002 and ask at .005 and ran to .09 to finish the day. Then closed at .10 the following day. I'm still holding and waiting and not in a big hurry.
I'll be in Biloxi at the Beau Rivage until Wednesday night. When I get back I want to see some news here!!!
OTC Disclosure & News Service
Nov 1, 2010 Supplemental Information-
Legal Opinion of Corporate Name Change to BORNRO NERGY USA, INC.
http://www.otcmarkets.com/stock/SLPT/financials
The news looks the same as the Oct. 4th news, but in Japanese.
News in Japanese on pink sheets. I can not read it on this computer.
New Corporate Name: BORNEO ENERGY USA, INC. - Japanese
http://www.otcmarkets.com/stock/SLPT/news
Got to love the PPS on this Coal IPO...
Rio Tinto carve-out Cloud Peak Energy sets IPO terms and timing
11/9/09
Cloud Peak Energy, a carve-out of Rio Tinto's western US coal business and the country's third largest producer, announced terms for its IPO on Monday. The Gillette, WY-based company plans to raise $520 million by offering 30.6 million shares at a price range of $16.00 to $18.00. At the mid-point of the proposed range, Cloud Peak Energy will command a market value of $534 million. Cloud Peak Energy, which was founded in 1993 and booked $1.4 billion in sales over the last 12 months, plans to list on the NYSE under the symbol CLD. Credit Suisse, Morgan Stanley, and RBC Capital Markets are the lead underwriters on the deal, which is expected to price next Thursday, Nov. 19.
View IPO Profile: CLD
Related Links: Upcoming IPOs
Source: www.RenaissanceCapital.com