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"Discover an Explosive Micro Cap Stock Advanced Cell Technology"
http://www.examiner.com/finance-in-albuquerque/discover-an-explosive-micro-cap-stock-advanced-cell-technology
Article on MVO...imo...It won't take much for MVO to be yielding 10% plus with oil @ current prices.
Albuquerque Examiner.com Finance Article
April 15th, 2011
Two reasons to buy MV Oil Trust for income
Hey Kim. That was financially embarrassing. :)
RODM has had a major run to get to current prices. But for an investor/trader to position her/himself for a good movement - for a 3-month period - based upon all the deals, the conferences, etc.
And then to have a stock secondary announced after the market, the day before the company announces eps in the am - well, I am a little disappointed. What were they thinking?
Rawnoc - I disagree with all of your ideas. Their core business - albeit cyclical - is incredibly profitable. PIPE deals are favorable to one party - the dealer.
If there is one business action I am not concerned about with RODM is their ability to structure a private placement of debt, stock (preferred/common), and warrants. That's what they do for a business, and they know how to do it well.
I believe they may use the funds for anti-takeover reasons; build out foreign operations (ie on-site inner Mongolia, Brazil - the growth markets) to have a presence other than the presentations or on a "set up a financing meeting" deal.
The insiders selling is meaningless, they still hold huge amounts of stock. They should be selling after the run-up for tax purposes, diversification.
Just my thoughts...
Rodman (RODM) Incredible Blowout Numbers
Rodman & Renshaw reports Q3 EPS 42c vs. consensus of 14c
Reports Q3 revenue $65.6M vs. consensus of $29.73M. :theflyonthewall
Incredible blowout numbers!
Rodman & Renshaw reports Q3 EPS 42c vs. consensus of 14c
Reports Q3 revenue $65.6M vs. consensus of $29.73M. :theflyonthewall
Dick, the answer to your question is it is both. The preferred, debt securities, warrants would have their own dilution aspects - depending upon their usage. The two insider sales are non-dilutive.
1) RODM may sell up to $75m via preferred stock sales, common stock, debt securities ($1,000 units), and/or warrants. The company would receive the full amount minus related fees/costs.
2) The two insiders are selling 3,000,000 shares - which RODM will receive zero funds. John J. Borer III will own, after his sales, 2,194,083-shares or 6.1% of the common stock. Paul Revere, LLC, after their sales, will own 9,961,683 shares or 27.7% of the common stock.
------
".....From time to time, we may offer and sell shares of our common stock, shares of our preferred stock, debt securities, warrants and or units consisting of two or more of the foregoing types of securities, together or separately, in one or more offerings, at prices and on the terms that we determine at the time of the offering. The aggregate initial offering price of all the securities sold by us under this prospectus by us will not exceed $75,000,000.
In addition, the selling stockholders to be named in a prospectus supplement may offer, from time to time and in one or more offerings, up to 3,000,000 shares of our common stock. We will not receive any of the proceeds from the sale of shares of common stock by the selling stockholders.
We do not expect our preferred stock or warrants to be listed on any securities exchange or OTC market..."
So which is it? RODM selling shares to raise money or an offering for the two indicated individuals to sell their stock ( which would not be share dilution or money for the company )
Sandler O'Neill 10.12.09 RODM Estimates:
"...We are raising our estimates for RODM. We are raising our 3Q09 estimate to $0.13 from ($0.07) driven by higher investment banking revenues. Our full year 2009 estimate is now $0.44 from $0.17.
We are also raising our 2010 estimate to $0.43 from $0.20, similarly driven by higher investment banking revenue expectations. We are increasing our price target to $7 from $2.50..."
Sandler O'Neill 10.12.09 RODM Estimates:
"...We are raising our estimates for RODM. We are raising our 3Q09 estimate to $0.13 from ($0.07) driven by higher investment banking revenues. Our full year 2009 estimate is now $0.44 from $0.17.
We are also raising our 2010 estimate to $0.43 from $0.20, similarly driven by higher investment banking revenue expectations. We are increasing our price target to $7 from $2.50..."
Rodman RODM 10.22.09 fpk EPS Analysis:
This was issued today. Here is synopsis for tomorrow's numbers from fpk.com:
RODM "...3Q09 Results Should Be Strong. Rodman reports 3Q09 earnings before the market open on October 22nd. We expect another strong quarter, following a robust 2Q09, as deal flow remained very healthy, despite what is typically a seasonally soft period. We expect the firm to report revenue of $29.7 million, down 11% sequentially, due entirely to a lower level of principal transactions revenue, and EPS of $0.14, down from $0.44 (operating) in 2Q09. However, note that 2Q09 benefited from unrealized gains of $5.6 million in the firm’s warrant portfolio ($0.15/share of principal transactions gains). In
addition, the firm’s September conference should create a $0.04/share drag on results..."
RODM 10.22.09 EPS from fpk:
Here is synopsis for tomorrow's numbers from fpk.com:
RODM "...3Q09 Results Should Be Strong. Rodman reports 3Q09 earnings before the market open on October 22nd. We expect another strong quarter, following a robust 2Q09, as deal flow remained very healthy, despite what is typically a seasonally soft period. We expect the firm to report revenue of $29.7 million, down 11% sequentially, due entirely to a lower level of principal transactions revenue, and EPS of $0.14, down from $0.44 (operating) in 2Q09. However, note that 2Q09 benefited from unrealized gains of $5.6 million in the firm’s warrant portfolio ($0.15/share of principal transactions gains). In
addition, the firm’s September conference should create a $0.04/share drag on results..."
Here is synopsis for tomorrow's numbers from fpk.com:
RODM "...3Q09 Results Should Be Strong. Rodman reports 3Q09 earnings before the market open on October 22nd.
We expect another strong quarter, following a robust 2Q09, as deal flow remained very healthy, despite what is typically a seasonally soft period.
We expect the firm to report revenue of $29.7 million, down 11% sequentially, due entirely to a lower level of principal transactions revenue, and EPS of $0.14, down from $0.44 (operating) in 2Q09.
However, note that 2Q09 benefited from unrealized gains of $5.6 million in the firm’s warrant portfolio ($0.15/share of principal transactions gains).
In addition, the firm’s September conference should create a $0.04/share drag on results..."
Awesome numbers. Congrats to longs.
8:33AM China North East Petroleum announces preliminary 3Q09 oil production results; crude production increased 30% y/y (NEP) 5.25 : Co announces preliminary oil production results for 3Q09. The company's crude oil production in 3Q09 totaled 224,750 barrels, a 30% increase compared to 172,730 barrels in 3Q08. The total number of wells in production as of Sept 30, 2009 was 259 compared to 251 at the end of 2Q09 and 218 at the end of 3Q08. Mr. Hongjun Wang, President of NEP commented, "Our initial third quarter results are indicative of another strong quarter of oil production for our business. We were able to drill another eight new wells with an additional three under construction in spite of a month long slowdown due to seasonal rains in the third quarter. We anticipate the total number of expected wells to be drilled in the fourth quarter will exceed the total number of wells drilled through the first three quarters of 2009. We are pleased with our record oil production for the third quarter and are encouraged with our prospects for growth in the months ahead."
CAGC - Carlyle Group Move
theflyonthewall
The Carlyle Group makes strategic investment in CAGC.
China Agritech announced the signing and closing of a private placement with Carlyle Asia Growth Partners, the growth capital arm of The Carlyle Group, of 1,392,768 shares of China Agritech common stock and warrants to purchase up to an additional 928,514 shares of China Agritech common stock for aggregate gross proceeds of $15M....(covenants included)
delete
CSP, no. lol I was just making a follow-up comment. Chinese a/r's are treated differently. I don't have some sinister plot to say negative things and not own, and then say positive things and then buy it.
I personally think financial statements are important, but if the traders don't care - I shouldn't either.
I won't say what I think of the a/r's on Chinese micro boards. :) I am outnumbered and as long as the stocks go up, financial statement issues don't matter.
CSP,
I realize that Chinese companies have different collection practices; A/R's tend to run, on average, much average than a US company; and companies tend to get paid.
I believe everone who follows Chinese stocks recognizes these facts.
The push into rural markets is no different than the push of agriculture into rural markets. 10% Hep B population-base is ridulous.
My comments - in hindsite - were only pointing out the obvious. :)
TMI-WT Warrants
http://bit.ly/16ZKvY
As Drex said, the registration issue is being addressed, but here is the SEC DEFM14a info on the warrants:
Warrants to purchase an aggregate of 10,255,000 shares of TM Common Stock (excluding the insider warrants and the underwriter’s purchase option, each described below) are currently outstanding. The material terms of the warrants are set forth herein. Each warrant entitles the registered holder to purchase one share of our common stock at a price of $5.50 per share, subject to adjustment as discussed below, at any time commencing on the later of:
• the completion of a business combination; and
• one year from the date of our IPO.
However, the warrants will be exercisable only if a registration statement relating to the common stock issuable upon exercise of the warrants is effective and current. The warrants will expire October 17, 2011 at 6:00 p.m., New York City time.
We may call the warrants for redemption (including any warrants held by the underwriters as a result of the exercise of their option, but excluding any insider warrants held by our existing stockholders or their affiliates), without the consent of Pali Capital, Inc.:
• in whole and not in part,
• at a price of $0.01 per warrant at any time after the warrants become exercisable,
• upon not less than 30 days’ prior written notice of redemption to each warrant holder, and
• if, and only if, the reported last sale price of the common stock equals or exceeds $11.50 per share, for any 20 trading days within a 30 trading day period ending on the third business day prior to the notice of redemption to warrant holders.
The right to exercise will be forfeited unless they are exercised prior to the date specified in the notice of redemption. On and after the redemption date, a record holder of a warrant will have no further rights except to receive the redemption price for such holder’s warrant upon surrender of such warrant.
The redemption criteria for our warrants was established at a price which is intended to provide warrant holders a reasonable premium to the initial exercise price and provide a sufficient differential between the then-prevailing common stock price and the warrant exercise price so that if the stock price declines as a result of our redemption call, the redemption will not cause the stock price to drop below the exercise price of the warrants.
The warrants were issued in registered form under a warrant agreement between Continental Stock Transfer & Trust Company, as warrant agent, and us. Although the material provisions of the warrants are set forth herein, a copy of the warrant agreement has been filed as an exhibit to the registration statement.
The exercise price and number of shares of common stock issuable on exercise of the warrants may be adjusted in certain circumstances including in the event of a stock dividend, or our recapitalization, reorganization, merger or consolidation. However, the warrants will not be adjusted for issuances of common stock at a price below their respective exercise prices.
The warrants may be exercised upon surrender of the warrant certificate on or prior to the expiration date at the offices of the warrant agent, with the exercise form on the reverse side of the warrant certificate completed and executed as indicated, accompanied by full payment of the exercise price, by certified or official bank check payable to us, for the number of warrants being exercised. The warrant holders do not have the rights or privileges of holders of common stock and any voting rights until they exercise their warrants and receive shares of common stock. After the issuance of shares of common stock upon exercise of the warrants, each holder will be entitled to one vote for each share held of record on all matters to be voted on by stockholders.
No warrants held by public stockholders will be exercisable and we will not be obligated to issue shares of common stock unless at the time a holder seeks to exercise such warrant, a registration statement relating to the common stock issuable upon exercise of the warrants is effective and current and the common stock has been registered or qualified or deemed to be exempt under the securities laws of the state of residence of the holder of the warrants. Under the terms of the warrant agreement, we have agreed to use our best efforts to meet these conditions and to maintain a current prospectus relating to the common stock issuable upon exercise of the warrants until the expiration of the warrants. However, we cannot assure our stockholders that we will be able to do so and, if we do not maintain a current prospectus relating to the common stock issuable upon exercise of the warrants, holders will be unable to exercise their warrants and we will not be required to settle any such warrant exercise. If the prospectus relating to the common stock issuable upon the exercise of the warrants is not current or if the common stock is not qualified or exempt from qualification in the jurisdictions in which the holders of the warrants reside, we will not be required to net cash settle or cash settle the warrant exercise, the warrants may have no value, the market for the warrants may be limited and the warrants may expire worthless.
No fractional shares will be issued upon exercise of the warrants. If, upon exercise of the warrants, a holder would be entitled to receive a fractional interest in a share, we will, upon exercise, round up or down to the nearest whole number the number of shares of common stock to be issued to the warrant holder.
I am Long TMI and TMI Warrants.
NEP
Jo, I am curious to your thoughts on NEP. I realize the names you mention are bb and pink sheet.
NEP is trading at a 3 P/E multiple assuming ~ $1.60 eps. NEP is listed on NYSE-AMX; NPR has solid-PTR relationships and dealing makes; NEP recently made a successful vertical acquisition (which earned $5 million as a separate entity for 2008).
NEP has one core directional benefit: the wind is at NEP's back as oil/barrel have gone up from year ago comparisons.
NEP is a listed stock, solid management, $110 million market cap, a good industry - and still trades beneath Chinese-micro plays and their eps expectations for 2011 and listing benefits.
I am very surprised NEP has not gone up significantly more than the current price suggests. I believe an earnings announcement reflecting higher oil prices is necessary to jar investors' attention.
Equitiesmagazine - October issue?
There is an article on NEP in the Equities Oct issue. Has anybody received their hardcopy yet?
I receive the free pub, and I don't recall if I received the October issue. I assume I did, but on the equities mag webiste the Sept issue is the "current issue".
China North East Petroleum Holdings Ltd. (NYSE Amex: NEP): China’s Private Oil Pioneer
http://www.transworldnews.com/NewsStory.aspx?id=130350&cat=8
Beverly Hills, CA 10/15/2009 06:43 PM GMT
China North East Petroleum Holdings Ltd. will be featured in the October 2009 issue of EQUITIES Magazine’s Companies On the Move
Good reference link: FDA Calendar on Product Rulings
http://www.rttnews.com/CorpInfo/FDACalendar.aspx?Node=B8
GHII -
I tried emailing adam without a response. I have left voice messages on his voice message. I indicated him I can get a Cantonene or Mandarin interpreter at any time, if it would help.
I read the (thanks Drex) SEC filing. Their website hasn't been updated since 10.15.2007 - which is a little annoying.
I am still waiting for Adam to reply....
Company Contact:
Mr. Adam Wasserman, CFO
Gold Horse International, Inc.
Phone: 800-867-0078 ext. 702
adamw@cfooncall.com
I lived in Alaska, and those damn elk about killed me a few times when I was hiking. They don't like humans to much - at least the wild ones up in Anchorage & SE (Sitka, Juneau). :)
Close Calls: Gored By a Bull Elk
http://www.fieldandstream.com/articles/hunting/2009/06/close-calls-gored-bull-elk
Last fall, my and I drove to our daughter’s place in Hot Springs, S.D., to see a couple of bull elk that had their antlers locked together. By the time my wife and I arrived, one of the bulls was dead. My son-in-law, Brad, suggested we try to free the bull that was alive by sawing off one of the dead elk’s tines. After Brad and I discussed our plan, I slowly approached the elk and grabbed the rack of the live bull. As Brad came toward us with the saw, the elk lunged at me. My hand slipped off, and the antlers hit my face.
“You have a hell of a hole in your neck,” Brad said. “And it’s bleeding good, too!” It had happened so fast that I didn’t even feel it.
Elderly man fends off elk with trekking poles
Published: 18 Jun 07 12:51 CET
Online: http://www.thelocal.se/7640/20070618/
A 78-year-old man succeeded at the weekend in warding off repeated attacks from an aggressive elk with the help of a set of trekking poles.
The man was out walking in a forest outside Karlstad in western Sweden when a cow elk suddenly showed up on the path and readied itself for a lunge.
"I went into a sumo wrestler stance with my legs bent and made up my mind to jab at the elk's eyes with the poles," he told newspaper Nya Wermlands Tidningen.
According to the man, the elk made a total of eight attempts to attack him.
"I actually stayed cool as a cucumber but I would have been terrified if I hadn't had my poles," he said.
As the man moved nearer to a more built-up area, the animal finally gave up and disappeared back into the forest.
This company's accounts receivable status is "concerning" to say the least. Chinese stock or not -- and I have heard management's intention to address this issue - along with the increase in sales force, 3-new product per year goal -- at some point, investors have to consider fundamental issues.
It seems like 1999 again with how some issues are disregarded or ignored.
Having said that - the stock should double from here. Triple if Glen writes an article with Biostar mentioned. :)
myst.ob interview - pending
This should be an interesting read/listen. With the corporate changes myst.ob is going thru, are there limitations on what can be said in an interview due to a quiet period of any sort? There are so many moving pieces I'm not sure what management can do in terms of an interview at this juncture.
11:01AM Mystaru.com Inc (OTC BB:MYST); Another company selling near book going through corporate changes; GeoTeam requesting an interview; need clarification on share structure.
Geoinvesting.com has asked for an interview to clarify the share situation, and I assume business model. :)
11:01AM Mystaru.com Inc (OTC BB:MYST); Another company selling near book going through corporate changes; GeoTeam requesting an interview; need clarification on share structure.
Burp, yes you are correct. My mistake.
CSP -
I read the Geo report and related docs as you have. I am impressed on the growth prospects envisioned by the company.
I have trouble putting a lot of credibility to them at this stage of corporate awareness, management credibility, and 2012 projections.
On face value, it does seem like a great prospect - I am looking at their next quarter for assurance at this point. :)
$4.60 Warrants
The Sepember financing gave 800,000 warrants to 4-entities with a strike price of $4.60.
The entities will clearly short NEP common and use the warrants as a hedge. That is expected and sound financing courtesy of Rodman.
Let the short positions sink in (I didn't see a NEP statement that the entities would not short NEP common), and we move upwards and onwards.
The stock's price maybe lost some momo with recent eps results which were down from $105/barrel to $50 or so...but yes, the stock is definitely a terrific bargain right here.
vast US Coal Reserves
bogus07 -- I think you are correct. The company plans to make accretive acquisitions.
If you look at today - and likely future - currency valuations, the "accretive" aspect becomes easier to meet. A strong China/weak US currency combination (China=$0 debt; US = $13 trillion and growing) & potentially some production hedging could make a lot of deals sound attractive.
Some US companies do own assets in countries closer to mainland China. It's probably a matter of time before Peabody (BTU) gets taken over as China wants the coal, and the US currently does not favor coal as an energy source.
Just my two cents.
"Looking to become a major coal player in China, we are working diligently with energy partners, using L&L's in-country knowledge and existing profitable platform to leverage on the vast US coal reserves to feed China's growing demand. Thus, we expect revenues and earnings to increase substantially in fiscal 2010."
Institutional Names?
I may have missed it, but have been looking again at the SEC filings and attachments.
Did NEP and/or Rodman & Renshaw name who the share/warrant buyers were?
It appears in hindsite NEP wanted to put some more shares into the markeplace, and finance the driller acquisition.
----
Item 1.01 Entry Into a Material Definitive Agreement.
As of September 10, 2009, China North East Petroleum Holdings Limited (the “Company”) entered into an engagement letter (the “Engagement Letter”) with Rodman & Renshaw, LLC (“Rodman”), as the exclusive placement agent, relating to the Company’s registered offer and sale of shares of its common stock and warrants to purchase its common stock. A copy of the Engagement Letter is attached as Exhibit 1.1 to this Current Report on Form 8-K, and are incorporated herein by reference.
On September 15, 2009, the Company also entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with the several investors signatory thereto. The Securities Purchase Agreement relates to the issuance and sale in a public offering by the Company of an aggregate of 4,000,000 shares of its common stock, at a price of $4.60 per share (each a “Share,” and, collectively, the “Shares”) and warrants (the “Warrants”) to purchase up to an additional 800,000 shares of common stock. The Company will receive gross proceeds of approximately $18.4 million before placement agent fees and other expenses. The Securities Purchase Agreement contains representations, warranties, and covenants of the Company and the investors that are customary for transactions of this type. The Securities Purchase Agreement is attached as Exhibit 10.1 to this Current Report on Form 8-K, and is incorporated herein by reference.
The Warrants are exercisable beginning six months after their initial issuance at an exercise price of $6.00 per share until March 15, 2011. The exercise price and number of shares issuable upon exercise are subject to adjustment in the event of stock splits or dividends, business combinations, sale of assets or other similar transactions. A copy of the form of Warrant is attached hereto and incorporated herein by reference as Exhibit 10.2.
Pursuant to the Engagement Letter, the Placement Agent will receive an aggregate fee of 4% of the aggregate proceeds raised through investors introduced to the Company by such Placement Agent. The aggregate amount of placement fees to the Placement Agent is estimated to be $736,000 and warrants to purchase up to 80,000 shares of the Company’s common stock at the exercise price of $6.00. In addition to the fees paid to the Placement Agent and other offering expenses, the Company will pay a fee of approximately $368,000 and issue warrants to purchase up to 80,000 shares of the Company’s common stock at the purchase price of $6.00 to Wharton Capital Partners Ltd. as compensation for financial advisory services provided to the Company in connection with the offering. The warrants to be issued to the Placement Agent and to Wharton Capital Partners Ltd. shall be exercisable until September 9, 2014.
The description of the offering provided herein is qualified in its entirety by reference to the Engagement Letter and the Securities Purchase Agreement. The Company has filed with the Securities and Exchange Commission (the “Commission”) the Engagement Letter and the Securities Purchase Agreement in order to provide investors and the Company’s stockholders with information regarding their respective terms and in accordance with applicable rules and regulations of the Commission. Each agreement contains representations and warranties that the parties made to, and solely for the benefit of, the other in the context of all of the terms and conditions of that agreement and in the context of the specific relationship between the parties. The provisions of the Engagement Letter and the Securities Purchase Agreement, including the representations and warranties contained therein, are not for the benefit of any party other than the parties to such agreements and are not intended as documents for investors and the public to obtain factual information about the current state of affairs of the parties to those documents and agreements. Rather, investors and the public should look to other disclosures contained in the Company’s filings with the Commission.
The Shares are being issued pursuant to a prospectus supplement dated September 16, 2009, filed with the Commission pursuant to Rule 424(b) under the Securities Act, as part of a shelf takedown from the Company’s registration statement on Form S-3 (File No. 333-160299), including a related prospectus, which was declared effective by the Securities and Exchange Commission on September 9, 2009.
A copy of the opinion of The Crone Law Group relating to the legality of the issuance and sale of the Shares in the offering is attached hereto as Exhibit 5.1.
Stockplucks, nice move.
3x p/e multiple will, in good time, increase that number. ;)
CHIO
I have an Interactivebrokers.com (IB) and thinkorswiw.com (TOS) account. Neither platform requires a phone call for permission. Since Ameritrade took over TOS, users can use the TOS platform. It seems silly that "pre-thinkorswim.com takeover account holders" can buy CHIO without a phone call. I bought CHIO last week on TOS without a phone call. I also bought CHIO in a Wellsfargo.com brokerage account without a phone call.
It may be possible to open a TOS account via the thinkorswim.com site (I haven't checked since the takeover) and avoid some of these hastles. The TOS has an excellent platform on the iphone, and its focus is upon technology updates.
IB is great if you are in front of your computer and have the software downloaded. The commissions and the available markets to trade in are great. The regular sign-in platform isn't anything to brag about. :)
"...have changed my life....things dreams are made of!"
Burp, congrats. That's why we invest. All the time, worries, reading makes it worthwhile to hear your post. :)
10.30.09 Deadline
Intermezzo will be approved and Purdue Pharma is ready to sell. $30 million upon receipt of FDA approval.
I am curious to the new patient instructions on 3.5 mg usage. I believe it may be on an interactive CD vs a piece of paper. TSPT management were very proactive on ideas to improve the FDA request to improve patient usage instructions.
CAGC! That is very impressive....
6:32AM China Agritech increases net revenues and net income guidance for 2009 (CAGC) 14.75 : Co announces it is increasing its annual net revenue and net income guidance for the year ended December 31, 2009. This increase in guidance follows a 56.9% increase in net revenues and 91.2% rise in net income for the second quarter ended June 30, 2009. The co is now expecting net revenue for the year 2009 to be as high as $70 mln versus the previous guidance of over $60 mln. The revised guidance for net income is approx $12.5 mln compared with the previous net income guidance of $9.5 mln. Diluted earnings per share are now expected to approximate $1.88, based on the current average number of diluted shares outstanding. The new guidance represents almost a 55% increase for net revenues and around a 45% rise for net income over the year 2008 results. "We are gratified with the success of our new regional production facilities and our expanded line of organic fertilizers. We now offer farmers more solutions to grow their crops and improve soil fertility. We may also benefit from the Chinese government's promotion of organic food and therefore organic fertilizers, as well as from the measures enacted to improve farmers' wealth."
Paramount (PZG) was incorporated in Delaware on 03.29.05.
Criminals incorporated "Panelmaster" in Delaware on 03.31.05. Panelmaster was out of business and shares were still trading. The criminals changed the name to Paramount Gold & Silver. SEC stopped trading of criminal Paramount on 03.13.08.
Criminal shares are still trading on NYSE Euronext market.
PZG is company number 48 in the SEC criminal filing at http://viewer.zoho.com/docs/x8Ocy.
9:01AM Paramount Gold and Silver prices public offering of 16 million shares at $1.25/share (PZG) 1.36