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Any thoughts on where this is going
per transfer agent 95,918,110 shares outstanding
the best thing about tub m is no RB board!
Unreal how they can pay this guy 350,000.00 usd per year and yet they state that they need money to fund operations...joke but hey as long as it ends up making us money and turn the company profitable in the next 12+ months fine by me...that is the first step then an eventual move to the nasdaq or something Im sure they want off the OTC BB. It only makes sense to move this on to a real board in the next 1-2 years if all goes well. I think this is a great op. for people to get in something that could be huge we are talking 20 PPS in two years then a constant move upward over years.
Form 8-K for TUBE MEDIA CORP.
--------------------------------------------------------------------------------
1-Aug-2006
Entry into a Material Definitive Agreement, Change in Directors or Principal Off
Item 1.01 Entry Into a Material Definitive Agreement
As compensation for services as a director, on July 26, 2006, the Board awarded to each of Shane E. Coppola and D. Patrick LaPlatney, effective on July 27, 2006, a grant of 1,000,000 shares of restricted common stock to vest equally at the end of each quarter for the next two years, beginning with the quarter ending September 30, 2006. The Board of Directors also set Mr. LaPlatney's compensation for services as Chief Executive Officer of the Company effective July 31, 2006. Mr. LaPlatney's annual base salary was set at $350,000. The Company intends on entering into an employment agreement with Mr. LaPlatney.
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
The Board of Directors appointed D. Patrick LaPlatney to serve as the Chief Executive Officer of the Company effective July 31, 2006. Prior to joining the Company, from September 2002 until July 2006, Mr. LaPlatney served as Executive Vice-President of Westwood One, a provider of news, sports, music, talk, entertainment, programs, features, live events and 24/7 formats. Mr. LaPlatney served as Senior Vice-President of Westwood One Television, a the television division of Westwood One, from 1999 to August 2002. Prior thereto, he served as Senior Vice-President, Television of Metro Networks, a traffic gathering and reporting company from 1997 to 1999. He also served in various capacities of Raycom, Inc. from 1989 to 1997. As disclosed in Item 1.01, Mr. LaPlatney's annual base salary was set at $350,000 and the Company intends on entering into an employment agreement with Mr. LaPlatney.
On July 26, 2006, the Board of Directors also set the size of the Board at 7 directors. The Board appointed Shane E. Coppola and Mr. LaPlatney to serve as a Class II and a Class III director, respectively. Mr. Coppola was also appointed to serve as Chairman of the Board.
--------------------------------------------------------------------------------
The Company issued a press release dated July 31, 2006, which is included as an exhibit to this Form 8-K, announcing the appointments of Mr. Coppola and LaPlatney.
Item 3.02 Unregistered Sales of Equity Securities
As compensation for services as director, on July 26, 2006, the Board awarded to each of Shane E. Coppola and D. Patrick LaPlatney, effective July 27, 2006, a grant of 1,000,000 shares of restricted common stock to vest equally at the end of each quarter for the next two years, beginning with the quarter ending September 30, 2006. Additionally, on July 26, 2006, the Board approved the issuance of 200,000 shares of restricted common stock to a consultant to the Company as payment for services rendered to the Company
If you pull up a 1 month chart of SMXMF you can see that there is an Engulfing Pattern A reversal pattern that can be bearish or bullish depending upon whether it is in an uptrend or downtrend. The first day is characterized by a small body, followed by a day whose body completely engulfs the previous day's body. you can tell it is bullish, the second day candle stick engulfs the prior day, this means it heads north.
Yes, read their latest filing they need about 700,000.00 to fund their "next phase" phase two. They are late filing and look to gain an 'e' to their ticker good bounce play off the low of .27 but dead altogether in MO. I like SMXMF.OB or MNEAF.OB or even USGL.OB but the cheap way to get in on Mcewen is MNEAF he thinks there is more potential there than in his own, Plus he bought a bunch of MNEAF @ .97usd so plenty support @ 1.00 or so. I own MNEAF and think is is looking good chart says that and SMXMF move north but that is MO. MNEAF.OB will be bought buy USGL.OB in MO!
GFCI .28 up 154% news - CramersMadMoney.com - Jim Cramer Mad Money ...
Global Oil Tools Libya to Provide Enhanced Technical & Sales ...
Global Oil Tools Libya to Launch on the Libyan Stock Exchange ...
Misurata Free Trade Zone Paves Way for Global Oil Tools Libya Facility
http://www.financials.com/c/info/story.cfm?storynum=2084392
Global Oil Tools Qatar Formation Completed
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/07-07-2006/0004393212&....
http://www.kgbt4.com/Global/story.asp?S=5126114
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http://www.kxan.com/Global/story.asp?S=5126114&nav=menu73_2_15
http://www.ktre.com/Global/story.asp?S=5126114
http://www.send2press.com/newswire/2005-10-1027-002.shtml
http://www.wqad.com/Global/story.asp?S=5126114&nav=menu132_9_11
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http://ww2.7online.com/Global/story.asp?S=5126114
Press Release Source: Grifco International, Inc.
Grifco Commences Periodic Financial Reporting; Redefines Lyamec Operating Committee Role
Wednesday April 5, 9:19 am ET
HOUSTON, TX--(MARKET WIRE)--Apr 5, 2006 -- Grifco International, Inc. ("Grifco" or the "Company") (Other OTC:GFCI.PK - News) today announced it is expected to launch periodic quarterly financial reporting to align it with SEC reporting requirements for small business issuers. The company's new quarterly reporting is expected to be issued at the end of the first quarter and to coincide with the start of its fiscal year month of July, 2006.
http://www.wate.com/Global/story.asp?S=5126114
http://www.wate.com/Global/story.asp?S=5126114
http://www.kfsm.com/Global/story.asp?S=5126114&nav=menu151_8_11
Lyamec Buys Stake in Renewable Power Generation Plants
http://www.kten.com/Global/story.asp?S=5126114
http://www.digg.com/world_news/Lyamec_in_Agreement_with_Grifco_on_$2.25_Per_Share_Offer
The Lyamec Group featured on CNBC's 'World Business Report'
http://kron4.com/Global/story.asp?S=5126114
http://www.furl.net/item.jsp?id=10181610
http://www.klfy.com/Global/story.asp?S=5126114
http://www.wstm.com/Global/story.asp?S=5126114
http://www.send2press.com/mediadrome/news_2006-07-0708-001.pdf
http://www.send2press.com/newswire/print/news_2006-07-0708-001.shtml
Lyamec completes formation of "Global Oil Tools Qatar."
Lyamec and Associates tapped by Russia's LukOil
Fujitsu in agreement with The Lyamec Corporation
http://www.lyamec.com/home/pr/032105.htm
Lyamec in Agreement With Grifco on $2.25 Per Share OfferadvertisementRelated information E-mail this article Print-friendly versionStocks mentioned in this articleGRIFCO INTERNATIONAL INC(GFCI) Quote, Chart, News
All PRNewswire NewsLONDON, July 7 /PRNewswire/ -- Lyamec announces that it has reached an agreement with Grifco (Pink Sheets: GFCI) to move on the USD $2.25 per share offer: "We look forward to receiving fully executed documents in the upcoming days, and look forward to move to closing." Lyamec states acquisition initiatives on the 5 year outlined USD $76.5 Million GPC approved Libya facility entails an additional premium of USD $28 Million to be paid directly to Lyamec. In a statement by Interim CEO RG Raymond, "Clearly, it would be an unwise decision on anyone's part to perceive that any offering to acquire a majority stake of Grifco at this stage will lead to leveraging their position on the Libya facility without our approval, regardless of Grifco's current assets and or commercialized tools and products. Notwithstanding this, Grifco is now to resume consolidating its assets for closing."
http://news.moneycentral.msn.com/category/topicarticle.asp?feed=PR&Date=20060707&ID=5851822&...
Lyamec & Associates Presents at UBI France on Libya
Grifco Strikes Deal with Lyamec on Proposed Offering
Grifco International, Inc. Monday, July 17, 2006
http://rigzone.com/news/article.asp?a_id=34219
Grifco International, Inc. said that it has reached an agreement with Lyamec on a $2.25 proposed offering. Filings for either foreign securities registration or U.S securities registration are currently under review.
Further, Grifco announced that it has adopted resolutions to protect assets and to fend itself off as a target opportunity for a hostile takeover, with additional consideration and security in connection with Global Oil Tools Libya. In accordance with adopted resolutions and pursuant
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to agreements in place, Grifco International is to commence completion of consolidated audited financial statements as well as begin required asset separation agreements with certain subsidiaries as part of the offering. Pursuant to the terms of the asset separation agreement, certain subsidiaries will become "stand-alone" companies. The stand-alone company will operate independently of Grifco.
The Global Oil Tools Libya facility in Misurata is strategically located to provide ready access to critical key distribution points from which Global can deliver tools to regional customers on a just-in-time basis. Global's advantage in North Africa is the ability to provide a localized, fully integrated development, manufacturing and shipping facility over competitors shipping tools from distant distribution centers.
Grifco International is provider of oil and gas services equipment, specializing in the conception, architecture, and development of tools for the coil tubing, wire line, and snubbing industry throughout the United States, China, Mexico, South America, the Middle East, and Africa. Grifco holds and owns design rights and manufacturing facilities for producing more than 6,000 products for the oil and gas industry with more than 150 clients, including Halliburton, ExxonMobil Corp., and Schlumberger.
The Lyamec Group was established in 1999 to fulfill the existing and expanding demand for U.S.-made products as outlined by President Clinton in 1999. The Lyamec Group provides vital assistance in laying unique and integrated platforms with cross-border assets to further streamlining efficient and effective opportunities and solutions.
Lyamec Completes Formation of Global Oil Tools Libya and Moves to Pre-Construction Stage
Published: Tue, 13 Dec 2005, 11:06:00 GMT Edited by Christopher Simmons
TRIPOLI, Libya (SEND2PRESS NEWSWIRE) -- Lyamec Corporation (www.lyamec.com) announces that on December 6th, 2005 the General People's Committee (GPC) issued a formal notice to Misurata's free trade zone and to the local authoritative agencies on the establishment of Global Oil Tools Libya, a 24,000 Sq. Ft. state-of-the-art manufacturing and distribution facility.
Global Oil Tools Libya is currently ahead of its outlined schedule into creating a fully integrated, ISO certified, manufacturing and distribution facility with advanced B2B technology application(s), for the market region.
In a statement issued by CEO R.G. Raymond, "We would like to give our sincere thanks and gratitude to the GPC for the recognition of the benefits this project offers to the local community and to Libya's recent social and economic reforms under taken by the General People's Committee."
Current and future clients will benefit from a fully integrated "wrap around" facility with multi dimensional quality and performance controls in submission, processing, manufacturing and distribution with delivery and oversight tracking on itemized product performance. The facility has been strategically settled for construction with in close proximity (approx. 5 mile radius) to the Libyan Iron & Steel manufacturing facility located in Misurata.
Concurrently, The Libyan American Corporation (Lyamec) has also agreed to further expand the joint venture applications in Libya by buying into Grifco's (OTC: GFCI) new spin off of its Coil Tubing Technology (CTT) (OTC: IPHG). Several U.S. resource planning firms are currently working with Lyamec on building a ground breaking regional model application system including system applications on technical enhancements, branding & distribution, to quality control data applications.
Get the picture they have done everything they have said!
Lyamec Group Buys 3 Million USD of Grifco Common Stock
Published: Mon, 15 Aug 2005, 17:52:00 GMT Edited by Beverly West
LOS ANGELES, Calif. - August 15 (SEND2PRESS NEWSWIRE) -- The Lyamec Corporation (www.lyamec.com), an investment related franchise and merchandising agreement corporation today announced that that it has finalized a 3 Million USD purchase agreement of Grifco (OTC: GFCI / GFCI.pk) common stock at 0.50 cents per share. This board-approved investment is fully supported by the growing demand for Grifco's products and the recent acquisition of Global Oil Tools.
"We are buying into Grifco at this stage because of our unflagging commitment to Grifco," said Lyamec CEO R.G. Raymond in a prepared statement. "We are onboard with Jim Dial for the long term. Undeniably we share the same plans and vision as he does. With the strong demand for Grifco's new products and the overwhelming representation requests from Libya and Qatar, we see great revenue potential in our target market area. Jim Dial and I will be joining our friends, partners, and dignitaries in Libya, Qatar, on a 12 day visit, with additional stops in the United Kingdom, and Italy to lay down points of access for regional distribution management."
Additionally, Grifco's Jim Dial will replace W.J. Barnhill on the "Business & Beyond" segment airing on CNBC Europe, as well as in over 90 countries including South America. "Business & Beyond" has become the first choice for todays most sophisticated CEOs and business managers.
The Lyamec Corporation, a franchise, merchandising and distribution services company, is a subsidiary of The Lyamec Group. The Lyamec Group was established in 1999 to provide vital assistance by laying down unique and fully integrated platforms with cross-border assets and skills to further streamline efficient and effective commercial opportunities and solutions worldwide.
Lyamec to Force Changes at Grifco International
HOUSTON, TX (SEND2PRESS NEWSWIRE) -- Lyamec Corporation, a merchandising and distribution services firm announced that it has begun a time lined campaign to force and implement executive level changes at Grifco International. Grifco International (OTC: GFCI) recently acquired Global Oil Tools as well as an equity participation of rights on "Global Oil Tool Libya", a 24,000 Sq ft manufacturing and distribution facility set for the free trade zone of Misurata, Libya.
As an equity holder of Grifco International, Lyamec interim CEO R.G. Raymond said "We are seeking to effect and implement changes to Grifco's operational policies at all levels including looking into and addressing any historical shortfalls that may have impacted the company's performance. We look to enhancing corporate operations and corporate policies in an effort to bringing proper valuation to our plans in the U.S. and in our collective market regions, starting with Libya. We look for deliberative processing of recommendations by establishing a committee which will comprise of a variety of talents and expertise needed to effectively address various issues at hand."
Concurrently on the Libyan front, Mr. Hagegh of Misurata's General Peoples Committee issued the planned facility their seal of approval on January 16th, 2006, which now paves the way for ground breaking and for the establishment of the 24,000 Sq ft. manufacturing and distribution facility.
Libya's National oil company's (NOC) highest priority is increasing oil and gas production through revitalizing/overhauling of outperforming oil fields with proven reserves to their previous production levels. Libya's expanding onshore/offshore exploration and production has created robust demand and a growing market for American oil equipment and services. In recent meetings with Jerry Swinford, President of newly spun off CTT Technologies, R.G. Raymond stated "Jerry and I met and we talked on several issues regarding current activities and moreover in working together to building on CTT's capabilities in our market regions."
Global Oil Tools is ISO 9001 and A.P.I. Spec. 14A certified and its Quality Assurance Program conforms to all specifications set forth in ISO 9001 (ANSI/ASQC Q91) and A.P.I. Spec. 14A. Global has strict quality control standards, starting with the purchase of raw materials, through the manufacturing process, the inspection process, and the shipping process. Global maintains complete traceability on every product manufactured.
The Lyamec Group (http://www.lyamec.com) was established in 1999, to fulfill the existing and expanding demand for U.S. made products as outlined by President Clinton on April 28, 1999. The Lyamec Group provides vital assistance in laying unique and integrated platforms with cross-border assets to further streamlining efficient and effective opportunities and solutions.
American Finance Finalizes Agreement on Global Oil Tools' Liabilities
Edited by Carly Zander
SAN FRANCISCO, CA (SEND2PRESS NEWSWIRE) -- American Finance Corp. (www.americanfinanceco.com) announces that it has finalized its agreement with Grifco International (Pink Sheets: GFCI) on Global Oil Tools' outstanding liabilities totaling approximately $800,000.00 USD.
Terms of the agreement include the release of Global Oil Tools' assets to Grifco International currently held by two Louisiana banking institutions.
"I have really enjoyed working with Jim Dial and look forward to a long term relationship. The agreement will result in improved financial benefits and positive solutions for Global Oil Tools," said AFC representative Ben Gala, in a prepared statement. "We are extremely bullish on Grifco International and Jim Dial. We believe Jim Dial has a great opportunity to leverage Grifco's model to a new plateau."
American Finance Corp provides support for mergers & acquisitions (M&A), corporate finance, and corporate valuations. AFC products are tailored predominantly on privately held, small to medium-sized businesses, and on transactions ranging in size from $1 million to $130 million over a variety of industrial applications. American Finance Corp. applications create synergies and economies of scale, allowing business to expand operations while simultaneously cutting costs.
Investors can take comfort in the idea that a merger will deliver enhanced market power. AFC conducts focused acquisition research, and offers a complete range of financial wrap-around services vital to successfully guiding transactions from start to close.
Wonder why this would be posted here.http://www.petroleumafrica.com/news.php?Archive=true&var=4&PHPSESSID=fdcebbe61ce280b17751b27...
Why would Raymond add this if it was not a real deal..."Clearly, it would be an unwise decision on anyone's part to perceive that any offering to acquire a majority stake of Grifco at this stage will lead to leveraging their position on the Libya facility without our approval, regardless of Grifco's current assets and or commercialized tools and products."
and this... RG Raymond, interim CEO of Lyamec Corp., "While we regard this as a positive development, we will carefully review our options to ensure the basis of any transaction falls within the parameters of our objective to effect managerial change at Grifco." Adding, "Clearly, the positive political climate both here and in Libya places an improved position on the options."
Today is a very important day it should tell us alot. News would be great today. Again Stoch Rsi says uptrend RSI still has roon Aroon & aroon Os looks strong Macd looks great buying volume nice it really looks good here the Japanese would be buying cautiously only due to the second candlestick being a bit more indescisive than they would like but the gap was not filled on yesterdays semi weakness meaning profit takers. My guess is we go higher?
Bullish Upside Tasuki Gap 1st two days are white days with an up gap between the 1st and 2nd day.
3rd day is a black day which opens within the body of the 2nd day and closes within the gap between the 1st and 2nd days.
3rd day should not fully close the gap.
This pattern is very close to an evening star pattern but since the third candlestick did not make us close down it should be looked at as a profit taking day and trend should continue up. the only concern here is the second candlestick which looks like a spinning top(a line above and below the body)but since the gap was not filled it would seem to be the begining of an uptrend and people are expected to go long here.
as someone who owns a bunch of this im starting to get concerned that this may never do what we think and we will be left with many un answered questions but i still hope from what I heard that this is a done deal! i just hate pinkys!
the news was known prior unfortunately that is the name of this game.
are you telling me the pql research team posts on ihub!?
volume is thhere! consider this great volume last few days + the most buying the past few days people are catching on! we need to break out here!
anyone have the trades from 9:30 to 10:30?
Looking @ the stoch RSI makes me believe this may just be an uptrend we will see!
Just hold those shares Philly and Dallas news to come!
Just think If this pulls it off which I think it should we will be laughing saying 'remember when the next MTV (TUBE) was @ $1 or $2 dollars a share boy was that not too funny'
you too I added 500 more!my last post(15)the wall is back did my part bought more! dip those toes!
I am not saying it is good nontheless I love the company the music and the stock I could not care less what the pumpers say Im here until it reaches the stratosphere in 2010! I am a long term investor who occassionally flips stocks I saw this and needed to be in.
stocks I must be in for the next couple years:
KOOL
TUBM
IVAN
EBAY
MENV
I think they will all be huge or huger over the next few years.
other than GFCI WHICH I still like here for a trade and hold a few just un case
that is all I own now
65K SHARES OF KOOL
5K SHARES OF EBAY
30k SHARES OF IVAN
25K SHARES OF TUBM
100k SHARES OF MENV
225k SHARES OF GFCI
THE REST IS IN:
CASH & 3 HOUSES
the company is already in talks with advertisers like GM and Motorola. And its nifty business model could appeal to record companies and concert tour organizers
the best is Lebed was pumping this 6 emails a day now silence he must have needed to get someone out...that is why I never buy on his picks!
As more new channels pop up, Garland says we could see something akin to the birth of FM radio. First, there was just AM radio. Then, FM radio sprang up and took most of AM's listeners away.
This might not be too far-fetched, judging by The Tube's success.
I read that they will be profitable by year end dudette! ooops by mid '07!
The channel, funded by Garland's friends and family, could turn profitable in 18 months, he says. written in January of '06
I think he is just comparing the possible move and pattern of the stocks not the companies but how FHAL WENT UP TRADED down the blasted off. Gfci went up tanked and is now heading up. sorry If I spoke for you incorrectly
a "nothing I think seems to be valid place". lost you there dude?
Looks some are leaving too early here...some jumped on @ 2.00 to get a run but left now! Volume is there!
lets hope so.
Net, does the chart look good to you...stoch rsi says uptrend?