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I was also impressed by Friday's action. Watch SBSH on level 2's. At times they create the smallest of spreads, I think to drive selling at the bid, which is where a buyback needs to happen.
Also, at one point yesterday, when price drops were about to take us below 3 cents, SBSH jumped the bid size up to a huge number. Often, these tricks are fakeouts, but nonetheless, it encourages a big seller that there is an available buyer for a big dump. They would not of done this otherwise, as it also halts a price crash if their only motive was to tank the stock.
I do not think the price drop is unexpected. The record date to spin-off over half of the companies future potential has passed, and the price dropped around 50 percent. Not surprising at all to me.
(IMO, In pinks, the talk about ex-dividend dates is nearly meaningless, after the record date, buyers will not pay full price, and factor the split in - I have seen this over and over)
I agree with previous posts that SBSH is most likely buying up shares non stop. So it's prob either short covering, or the buyback. I think buyback.
I also think the short idea is overblown. I suspect VNDM, and others were shorting ACMG heavily into runs, and covering just afterword, since the news was about future revenue, not current proved revenue, and shareholders would hold with less conviction.
The Reg SHO list for ACMG requires only a small FTD situation, so it may not be all that many shares now. I get buyins.net access, but they have no data available for ACMG (happens on pinks frequently), but other Reg SHO stocks often have less shares short than you might think. There is constant shorting and covering.
I think we are seeing buyback happening now.
Select American is the listed transfer agent for Midland Baring, and several companies they helped go public around the same time, AURC, and ACMG. I think this is why ACMG uses Select, just a holdover from the past.
And it is very possible Select American was duped just as much as current BHUB mgmt over share issuances. BHUB was a dormant quiet shell, and an easy target for the fraudulent share issuances. A duplicate corp was acually setup in a different state with the same name. Not likely a problem with their other symbols, and where Select knows the CEO
2.2 billion TELA after F/S, and TELA will hold in house the fake BHUB shares, which they prob hope to exchange in a settlement for the 6 million lawsuit number.
After a settle, would about equal .003 per share from the cash settle
TELA also has 12 million convertable preferred A, which may be immune to an R/S.
TELA S-8
PROSPECTUS
TECHLABS, INC.
2,080,000 SHARES OF COMMON STOCK
This is an offering of common stock of Techlabs, Inc. All of the shares
are being offered by the selling stockholders listed in the section of this
prospectus entitled "Sales by Selling Stockholders." We will not receive any of
the proceeds from the sale of the shares.
For a description of the plan of distribution of the shares, please see
page 11 of this prospectus.
Our common stock is traded on the OTC Bulletin Board under the trading
symbol "TELA." On December 7, 2006 the last sale price for our common stock was
$.21.
--------------------------
INVESTMENT IN OUR COMMON STOCK INVOLVES A HIGH DEGREE OF RISK. SEE
"RISK FACTORS" BEGINNING ON PAGE 5 OF THIS PROSPECTUS TO READ ABOUT RISKS OF
INVESTING IN OUR COMMON STOCK.
--------------------------
NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED THESE SECURITIES OR DETERMINED IF THIS
PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A
CRIMINAL OFFENSE.
The date of this Prospectus is December 8, 2006
TELA 20 million common. This represents half of the preferred C
Since last share report in the 2006 Q3 financial, Tela converted some of the preferred's to common. Plus there was an S-8 a few months ago. Unfortunately, those share counts on pinksheets are off.
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES.
On November 20, 2006, Techlabs, Inc. (the "Company") and Yucatan Holdings Company entered into an agreement under which Yucatan will convert 133,333 shares of the Company's Class C Preferred Stock into 20,000,000 shares of the Company's common stock. No other consideration will be paid in connection with such conversion and issuance.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: November 29, 2006 Techlabs, Inc.
By: /s/ Jayme Dorrough
Jayme Dorrough
President
SFNN, All earnings were due to 7 million of debt forgiveness in 2006, otherwise they lost several million plus.
Select American Transfer Co. Fires Back
M2 "Press Wire "
M2 PressWIRE - April 11, 2007 - Select American Transfer Co. wishes to respond to the Press Release issued by The BigHub.com, Inc. (Other OTC: BHUB.PK) on April 10, 2007 .
Select American Transfer Company confirms that it acted as the transfer agent to The BigHub.com Inc. but resigned from this position as transfer agent months ago.
The alleged information provided by Select American Transfer Company to The BigHub.com Inc. was unverified and required further review and verification before making such information public since Select American Transfer Company sent all the books and records to the company months ago when it resigned as transfer agent. The BigHub.com Inc.'s new management was made aware of this fact upon their inquiry for information therefore the view held by Select American Transfer Company is that claims made The BigHub.com Inc's Press Release were misleading and or false.
Select American Transfer Company has notified both www.pinksheets.com and the Depository Trust Corporation (DTC) of its resignation as transfer agent to The BigHub.com Inc.
Nathan Rogers , President stated: " The PR sent out by the management of The BigHUb.com Inc. was misleading and we wanted to set the record straight for the shareholders involved as well as our clients as such misinformation could harm our reputation and it could force us to seek damages from those who maliciously harm our corporate name and image. "
About Select American Transfer Co.
Select American Transfer Co. is a transfer agent licensed under the Securities Exchange Act of 1934 and regulated by the Securities and Exchange Commission ( SEC ).
Safe Harbor Statement
The preceding includes forward-looking statements which involve known and unknown risks and uncertainties which may cause the company's actual results in future periods to differ materially from forecasted results. Any forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC . Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.
((Comments on this story may be sent to info@m2.com))
© 2007 M2 COMMUNICATIONS LTD
KMA Capital Partners, Inc. Announces 15-to-1 Stock Reverse Market Wire "US Press Releases "
ORLANDO, FL -- (MARKET WIRE) -- 04/10/07 -- KMA Capital Partners, Inc. (PINKSHEETS: KMCP) (KMA Capital) announced its Board of Directors voted to reverse its common stock 15-to-1 in order to firm up the stock for existing shareholders.
"KMA Capital is continuing to grow thru the deployment of the Field Office and franchise programs, along with key transactions. This stock reverse is just another step in our overall strategic plan to increase shareholder value," stated Doug Calaway, CEO of KMA Capital Partners, Inc.
The effects of the stock reverse will be reflected in the stock some time over the next few weeks after recapitalization documentation is recorded and updated with Pink Sheets. For more information on the rationale and effects of this action please go to http://www.kmacapital.com/stockreverse_041007.pdf.
KMA Capital Partners, Inc. , with corporate headquarters in Orlando, Florida , is a merchant banking firm that engages in investment banking, financial consulting, negotiations of mergers and acquisitions, portfolio management, turnaround services, "business development" company services and commercial ventures focusing on mid-cap private and public companies. Current Field Offices are located in Los Angeles, CA ; Austin, TX ; Freeport, IL; Huntsville, AL; Portland, ME ; Mid-Atlantic covering Baltimore/Washington , DC; Seattle, Washington ; Jacksonville , Tampa and Orlando, Florida .
For more information about KMA Capital Partners , please visit or web site at www.kmacapital.com.
Note the way the trust is now labeled: BCLOC Trust Pool 2007-1
Seems to signify multiple trusts per year
I try to stick with realistic hopes. To start, I cancelled all .0001 GTC sells, and put some in at .0002. I want to wait and see news, and subsequent level 2 action. If we can't break .0002, I can hopefully sell at .0001, at the bid at some point, or wait for a buyback to push us up.
With JMCP, it's all about the float, I think O/S is almost irrelevant at this price. Float buyback is key, and how soon PR's hint at income available for it.
Take a look at a chart for CNES, from ist half of 2006. I think their O/S was over 20 billion around then, although I could be off some. It went from .0001 to .0028, on rumors that it's power meter was going to be distributed by GE.
Rumors were false, and they also continued diluting, so after mid-2006, price was back down, but it had a good run. I was not in it, but did follow it at the time.
Will I be able to find the new corp site at the current corp address: corporate.12buzz.com ?
wardle3va2, email is below:
Please use: stocks@pobox.com
Thanks
wardle3va2, If I post my email address, would you be willing to give me a brief synopsis of the call, to be kept private ? Thanks, I have called Taylor, but have not heard back at this time.
One more point, then I have to leave for the day.
There is 1 more very good reason to have filed SEC Form 15, and suspend reporting requirements. In addition to SEC reasons, it would mean, as we fix the issues, and resolve disputes, we won't have to 8-K them. This dramatically helps keep all the chaos out of the PR press, and should allow us to move quieter, and faster to resolutions, without re-exposing the problems over and over, and over.
We may be able to come to quiet agreements with all parties, since it can now be done in a less public way. For now, non-repoting status does have it's advantages.
Cash, I totally agree with you also. A quick simple "hold on" Pr would of been nice, but here we are.
Lynn's email, which was posted yesterday was nice to see, at least: someone is home, and the lights are on.
I also agree the equipment issue is a big problem, perhaps step one is to let life calm down. IMO, it will be much easier to negotiate it's return after some time passes. I would need to know more about what caused this, whose fault it was, and how much USSE is out of pocket, and if any type of future cooperation is possible.
I can understand USSE being upset about a merger into a Nevada entity which may not exist, if in fact this is the case.
IF the fault is mostly ONYI, and IF USSE lost money on this, I would either try to negotiate a limited revenue sharing project, and bring the equip back to Iowa, or, give USSE a some preferred shares for it's return.
From what I found last night, I am leaning toward internal conflict/error at this point. I actually like what I found, in that it may not be company-wide intentional fraud. That would leave the corp entity in much better standing with any potential SEC issues. And the filed form 15 was a very pro-active move. We can pick up the pieces, regroup, and move fwd. Lynn's email seemed very appropriate, and well thought out.
IMO, the last think we want is a food fight via dueling PR's.
And we should not go nuts if we do not get every last detail. Per Lynn's email, "making sure we make the right decisions so that it is in everyones best interest". I do not think we want the company, or public discussion to become overly immersed in a witch hunt for justice.
I would prefer we get only a general summary of the cause, and instead focus PR details on the specific existing corporate issues, their remedies, and move fwd with a detailed action plan, and a revised vision for future growth.
Now that the USSE deal is dead, step one should be to lower the authorized share totals, and re-build investor confidence that we are back to a low share structure. Even if it needs to be raised again, in the future, for a different merger. Lower it now to rebuild price support at higher levels.
I have been self employed for most of my life, with many businesses in many diverse industries. I know what it is like to walk into the office one calm morning and have the world go upside down. I would take some time to adjust, then you say, okay, this is where we are at, where do we go from here.
Life in the pennies.
Interesting facts re: Nevada Corp Info. I was reviewing the 8-k issued by the departing USSE officers, and at the top, it stated the corp name as: ONYI, "purportedly" United Ethanol Group.
In the merger/distribution agreement it stated United Ethanol Group was a Nevada Corporation. So I went to the Nevada Sec of State Corp site to find it, but it is not there. United Ethanol does not seem to exist as a Nevada Corp.
To double check myself, I did a search by officer name. A search for Taylor (surprisingly) came back with nothing, but a search for Chris Mcgovern returned 4 companies: Diversified Ethanol, Taylor Moffitt, Inc, and 2 more, Golden Plains, and Cambridge Sinclair.
Nevada lists officers for each, and all 4 officers, for all 4 companies, are Chris Mcgovern. No one else.
Add to this the fact that Chris Mcgovern seems to have been replaced as President of ONYI by Lynn Richter, based on the recent SEC filing, and the email from her posted several posts back.
Do others find all of this unusual ? Please comment.
I just logged in fine. Took under 1 minute to create the account and log in.
I created the user name and password, but did not need to wait for an email. Just click on the "click here" link on the screen that pops up after you confirm your registration info. Its the screen that says: account created.
Then you are automatically able to log in.
Understand. If allowed, please post, or at least give us the theme.
Good email message to Taylor
Could be a dirty shell, could be they made filing mistakes, could be they intentionally decieved. How can I know which at this time ?
I think Nite is faking with the big size on the .017 ask. Designed to scare people in to dumping at the bid
picked up 100k today. It seems to me, low volumes before a holiday, stocks can hit new lows.
He will. Imo, they need time to re-group. Maybe USSE uncovered issues with the shell they did not know either. Too early to say.
Regardless of fault, being pro-active here is the way to go.
Correct. We are voluntarily on the pinks. Imo, either the ONYI shell we merged into had previous issues, or current management screwed up the tranfer of assets into it. Or, there was fraud somewhere somewhere in the chain.
Taylor signed the Form 15 as Chairman, and Lynn Richter signed the previous 10-Q late extension as president, so I suspect Chris may have left. Will wait to hear from him, and Taylor, and get the whole picture.
(Ha, like I have a choice, since all my shares are restricted.)
Huge trade sizes here. Just a few trades per day, but we are getting $20,000 to $300,000 trades.
ONYI Form 15 Filed
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 15
Certification and Notice of Termination of Registration under Section
12(g)of the Securities Exchange Act of 1934 or Suspension of Duty to File
Reports Under Sections 13 and 15(d) of the Securities Exchange Act of 1934
Commission File Number: 000-50013
---------
Originally New York, Inc.
-------------------------------------
(Exact name of registrant as specified in its charter)
216 N. Commercial Avenue, Eagle Grove, Iowa, 50533 (515) 6023-6292
---------------------------------------------------------
(Address, including zip code, and telephone number, including area code,
of registrant's principal executive offices)
Common Stock, $.001 par value
-----------------------------
(Title of each class of securities covered by this Form)
None
(Titles of all other classes of securities for which a duty
to file reports under Section 13(a) or 15(d) remains)
Please place an X in the box(es) to designate the appropriate rule
provision(s)relied upon to terminate or suspend the duty to file reports:
Rule 12g-4(a)(1)(i) [ ] Rule 12h-3(b)(1)(ii) [ ]
Rule 12g-4(a)(1)(ii) [X] Rule 12h-3(b)(2)(i) [ ]
Rule 12g-4(a)(2)(i) [ ] Rule 12h-3(b)(2)(ii) [ ]
Rule 12g-4(a)(2)(ii) [ ] Rule 15d-6 [ ]
Rule 12h-3(b)(1)(i) [ ]
Approximate number of holders of record as of the certification or notice date:
307
---
Pursuant to the requirements of the Securities Exchange Act of 1934, Originally
New York, Inc. has caused this Certification and Notice to be signed on its
behalf by the undersigned duly authorized person.
Originally New York, Inc.
Date: April 5, 2007. By: /s/Taylor Moffitt
--------------------------------
Taylor Moffitt, Chairman
</TEXT>
</DOCUMENT>
Ok, Thx for the reply.
Let's try again. The more info the better, we can all make our own decisions from there. I am sure many do not like it, but maybe that will help create more civility here, over time.
Why was it removed ? eom.
Feature request: A member's profile shows the number of member marks. Can you add the number of Ignores. This would paint a more complete picture.
I have dealt with Jason at Signature before, and he was very helpful. I had restricted shares in another penny stock which I held for 2 years, converted to clean certs, and then sold - all with Jason's help. In my case, the process was easy.
I have no information about any official dates. But the pr from ACMG said:
"According to the company one share in ARTL will be issued for every share held in ACMG for all registered shareholders verified as of March 30, 2007."
So, imo, anyone looking to put money into ACMG near term would do it before March 30th. It just makes sense that after that date there will be fewer buyers. And, right or wrong, some will sell now, thinking their divi is safe.
If I were a new buyer today, I would not want to pay the same price as prior to march 30th, since I would be afraid It would be ex div.
I hold many shares, some since middle 2006, and think this price is way undervalued. I am not glad we are trading lower here, but I am just pointing out a possible explanation.
I am holding long term, and will accept whatever price this stock has in 2-3 years.
I do not see anything unusual with the price drop - we are basically trading ex-dividend. Until we get the divi shares, and add the 2 pieces together, we will not see the whole price picture.
my guess is that he is holding the equipment as security against money's he advanced. Imo, this situation needs time to settle down, and then we will see where we are at.
In his pr, he said:
"...reserved the right to seek restitution and other damages from ONYI. In its notice, USSE demanded immediate return of any and all funding delivered to ONYI in connection with the fraudulent Agreement and prior negotiations."
As far as the ignore button, the messages seemed too hyped up for me. As I said, my shares were free divi shares. If JMCP, under new control/buyback can get to .0002, I double my money. Perhaps ignore was a bit hasty, but I was in the mood for a more intelligent discussion at that moment.
Too many exclamation points in your posts. You are on ignore now.