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Assuming 165 million O/S, and 75 million in sales for 2007, the revenue per share would be .45 A share price equal to that is definitely realistic.
daily trade volumes show that also. no question it's low float.
The right PR, and it will jump.
I tend to agree with you, I think Jerry was ignoring restricted. Still a low float stock.
I just got filled at .023
This board has been very helpful. Recently, I went back and read all posts from post 1, and learned a lot.
1 Question for the board, which I did not see discussed. If I was going to buy more than 10% of the O/S in a very small pink sheet stock, would I need to file SEC forms 3,4,and 5 ? Do these type of rules apply to pink sheet stocks, or is it up to the particular company to enforce this issue ?
NPSC - I filled after those trades, at $2, but it never posted on time and sales. This may have happened to others.
NPSC: Daily list shows new name and symbol: BVYH Brunton Vineyards Holdings, Inc.
They may be going public in a R/M ??
They have a web site: http://www.bruntonvineyards.com/
These are super !!! Amazing.
Petro sun News - GVDM Holding .... Interesting.
PetroSun Warns Public of Spam Operation Market Wire "US Press Releases "
PHOENIX, AZ -- (MARKET WIRE) -- 02/02/07 --
PetroSun, Incorporated (PINKSHEETS: PSUD), its Officers and Board of Directors have issued a warning to the public of the unauthorized use of company press releases in an illegal spam operation being conducted by an unknown party. PetroSun does not condone the use of spam and demands that the responsible party immediately cease this illegal operation.
PetroSun encourages the public to thoroughly research an entity prior to making a financial commitment. Never rely upon unsolicited email or phone calls to enter into the investment decision process.
PetroSun has contacted the Securities Exchange Commission and U.S. Attorney regarding this matter and is investigating the source of this illegal spam.
Except historical matter contained herein, matters discussed in this news release are forward-looking statements and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect the Company's business and prospects and cause actual results to differ materially from these forward-looking statements.
Contact:
PetroSun, Inc.
Investor Relations
Email Contact
(602)-487-6486
GLXI Globex, Inc. Announces Plans to Acquire Additional Uranium Mining Claims in Northern Quebec Market Wire "US Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 02/02/07 -- Globex, Inc. (PINKSHEETS: GLXI) today announced that it plans to acquire additional uranium mining claims in Northern Quebec, Canada .
This decision was made following a recent Board of Directors meeting. The Board resolved to focus the Company's efforts on intensifying its acquisition program of uranium mining claims in the Ungava Bay region, North of Quebec . The decision was based on the significant increase of interest in the Company displayed by current and prospective investors, upon the finalization of its acquisition of 222 Uranium Mining Claims. In particular, the investors expressed approval in Globex's new corporate strategy and demonstrated a willingness to provide financial support to the Company in its goal to become an important player in the mineral exploration and development industry.
ACMG- Receives Competing Offer
Friday, February 02 2007 8:00 AM, EST Alcar Chemicals Group Receives Competing Offer Market Wire "US Press Releases "
MONTREAL -- (MARKET WIRE) -- 02/02/07 --
Alcar Chemicals Group Inc. (PINKSHEETS: ACMG) announces today that it has received a competing offer from a consortium located in South East Asia.
According to the company, Alcar Chemicals Group received a competing offer from a consortium of private investors, technology fund and venture capital, further to a recent due diligence process. The group has tabled a combined licensing and financing offer which represents a far better offer for our shareholders with terms and conditions which were presented to USSE and which they declined. The agreements with the Asia fund are being pursued and the next milestone is expected by mid-February.
"The strategic timing of this response shortly after our most recent announcement about our developments with USSE is surprising but also very exciting. It is a bona fide offer representing tremendous shareholder value. Management is now reviewing this premium offer and we will be able to disclose further details in a timely manner," said Dr. Cavasin, CEO of Alcar Chemicals Group . "Evidently we opted to fully concentrate on this offer and, therefore, all further negotiations with USSE have ceased," further added Dr. Cavasin.
About The Alcar Group
The Alcar Chemicals Group (PINKSHEETS: ACMG) represents a significant market opportunity due to a serious worldwide supply shortage of raw materials for polymers as well as an increased requirement for ethanol and biodiesel. ACMG has been concentrating on innovative methods for biomass (forestry waste, agricultural waste and non-food crop) valorization for the past decade, specifically petroleum-independent fuel and plastics resin production. Its proprietary technology represents today's most economical and advanced manufacturing process for plastic raw materials, ethanol and bio-diesel, allowing production at cost savings of up to 40% when compared to current production methods.
Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
Investor Contact:
Steven Sung
Steven@alcarchemicalsgroup.com
Quick note of support to this board: I do not post too often, but have been accumulating shares here, and learn a lot from the posts.
I think this is a great opportunity for great share price growth, with a good company and CEO.
ACMG, Licensing Revenue = pure profit
Agree. Double prints, and also, short shares add directly to float.
Ihub was out for me also.
There, I just fixed the portfolio price.
I bought 200,000 shares at .0001 to test, and now my scottrade acct has a value again.
someone prob bought a few shares yesterday below .0001, or thewre was a system screw-up.
I called Scottrade about regular JMCP shares showing no price or value. It sounds like it occurred because today's tiny JMCP trade for 100,000 shares was listed in their system with a price of zero. They said they never saw that before.
I am thinking someone sold at market, for less than .0001, and the time and sales displayed it as 0. As soon as someone buys at .0001, I think it will reset.
If no one buys tomorrow, I might buy 10 dollars worth at the ask, just to see my value come back... LOL
Great posts here lately, on the subject of the Preferred shares, since they do count, and so often penny traders ignore them.
My big fear is that Preferred A will be used to maintain control, after a future reverse split. The common shareholders are being used to finance growth, then will be destroyed by a future R/S.
Your comment: .."consider a poison pill Preferred Share dividend to common shareholders" is a superb idea.
It would still prevent a hostile takeover from outsiders, and also mean they would have a difficult time maintaining 51 percent control after an R/S. It would be a strong show of support to the people who have funded this company's growth, the common shareholders.
I do not expect the company to accept your great idea, but they need to do something to protect the people who got them here.
I also agree the share structure is way too complicated, too many moving parts, any one of which can ruin shareholder value at any time.
Agreed. I jumped in for the same reasons as everyone else here, but took the loss and sold this week. When I saw this article pop up, I thought the board might find it interesting...I did.
World Hockey Association Refutes Global Developments Inc. Claims
CCNMatthews "Canadian Press Releases "
VANCOUVER, BRITISH COLUMBIA --(CCNMatthews - Jan. 26, 2007 ) - The World Hockey Association Inc. ("WHA") (PINK SHEETS:WHKA) sets the record straight.
On December 22, 2006 , in a news release disseminated by J.D. Briner, President, and Layton Dean ("Briner and Dean") contacts for Global Developments Inc. ("Global"), Global released information to the public and their shareholders containing erroneous and false information pertaining to the operations and status of the World Hockey Association ("WHA"). "In the release, Global and its representatives Briner and Dean referred to a financing agreement purportedly entered into between WHA and Global that granted Global a 40% non-dilutive interest in the common shares of WHA," stated Mr. Rickie Smith ("Mr. Smith"), WHA President. "No such share purchase agreement exists or ever existed between Global and WHA."
"Furthermore," states Mr. Smith, "in the news release by Global's representatives Briner and Dean, Global made unsubstantiated claims that the WHA has been issuing large amounts of common stock to insiders and management. The WHA denies any wrongdoing and assures shareholders that all undertakings of the company have been in compliance with all applicable securities regulations and as such, the statements made by Global are baseless and inaccurate. The WHA will vigorously defend its position in this matter."
With respect to the hockey operations of WHA, the seven teams currently operated under the umbrella by the WHA continue to play, and the WHA is moving closer to its goal of re-establishing itself as recognized hockey entity.
Recently, the WHA launched its "for viewing" (http://www.officialwha.com/merchandise.html) line of team branded products including replica hockey jerseys, sweatshirts, T-shirts and other items. Most of these products are available in the arenas where the teams play, and soon, they will be available for purchase on the league website as well. "Not only can fans of the Squamish Cougars, purchase team merchandise, but fans of the Chicago Cougars as well. This line will appeal to young and old alike, as the league has kept the integrity of the original WHA team colors and logos," states WHA President & CEO, Ricky Smith.
ABOUT THE WORLD HOCKEY ASSOCIATION
WHA is an alternative junior league for skilled 16 to 20 year old players. The WHA is affordable entertainment for the whole family. The WHA's goal is to promote the highest standard of sportsmanship and to train players to become future professional hockey players. For 2006 - 2007 season the WHA is featuring six teams that include the New Westminster, the Squamish Cougars, the Bellingham Bulls, the Osoyoos Spurs, the Armstrong Sharks, and the Lumby Fighting Saints.
Safe Harbour Statement
Under the Private Securities Litigation Reform Act of 1995 except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission .
FOR FURTHER INFORMATION PLEASE CONTACT:
World Hockey Association Inc.
Lacey Shenton
(604) 575-2999
Source: World Hockey Association Inc.
problem is, the new company then issues just as many shares (restricted) to themselves to bring it back up to the old total.
And we have many fewer, due the R/S
FANC is bidding .057, below the bid.
and at the ask, .06, with ABLE
same size all around.
When you sell the divi shares, they will be taxed, long term cap gain assuming a hold over 1 year. Your existing cost basis in JMCP will be split between JMCP, and ONYI, based on value - at time of dividend. Most of the basis will go to ONYI shares. So, If you were to sell JMCP now, at .0001, it would have a much lower cost basis, and you would have mostly taxable gain.
Brokers said non-taxable dividend because many dividends are cash, and are taxed immediately.
IMO, after the R/S, CKGR will have 500k shares, obviously not the final total. I expect the R/S, then they will issue a bunch of restricted shares to the new owners. question is how many. Surely in the millions.
I sold my entire position a week ago, expecting pre-split shareholders will loose much of their value. Time will tell.
If I am wrong, I will buy back in later, sounds like a pilot plant is now planned first, which will mean a while before most get excited about this.
Scottrade also told me they would hit my account tonight.
what do you think of the stock at this price ?
Understood. Your logic made sense to me, as a possible explanation.
I did read where they said they want to be on big boards. They could always go private for pennies on the dollar, and then go public, on a new exchange, at a later date.
After reading your posts, it seemed they had a reson for the R/S, but would not divulge it.
Just tossing out thoughts.
Since they seem to have a good sized staff, with business experience, and they finance many penny stocks, it's surprising they would have so little knowledge of market dynamics
2 possible exlanations here. Must be many others, but these 2 interest me.
1. As Zantos posted, could be a planned management buyout to go private. The R/S dramatically lowered market cap, and they end up with company anyway. This would also explain their concern for shareholders owning prior to R/S, who would be screwed by this.
2. Something big is already in the works, which will cause market to properly evaluate pricing. Maybe including moving to a different exchange, and no dilution is needed prior to an announcement. Therefore, price is irrelevant to them, it will properly reset on news, and they wanted a low share structure prior. Perhaps involving a merger.
Thoughts anyone ?
I do not believe an a/s decrease is automatic. I think the company has to file to lower it.
You asked about A/S before reverse. It's 150 million, per DE Sec State
possibly. private palcement would raise the cash to pay off pending Aug 2007 CD's they have coming due.
IMO, the O/S is the grand total, 200K. 100 is restricted, and 100 is the float. They have confirmed the 200k total several times.
I'll pay delaware, and post what I find
which broker did they show up with ?
I totally agree. The more this makes no sense, the more interested I seem to be in it.
Not caring about share price, yet doing a R/S
Acting casual about a 95%+ market cap loss
Not wanting to do a PR
Something else is going on here, and it's worth keeping shares to find out. Given the market cap reduction, risk reward seems in our favor.
any idea of why they did the R/S ?
When the company emailed you, what was their reaction to the current situation ?
Auth is 5 billion
Per last financial on pink sheets. At that time issued was just over 1 billion
New to this board
Just came across your board, and find it very informative.
Great opportunity here.
Amazes me how out of whack prices can get.