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Great job there Pupp, that covers more questions than I knew to ask. Wish I had something to add that's not already there... I suppose my only additions would be:
Are any contracts in China being worked on, is there still interest?
Are there any plans to interact with possible Fulltek patent infringements?
Long and strong here, holding over 1 million shares of XLPI.
I believe XLPI is the ONLY company that is really prepared to bring ethanol from the pump to all the cars on the road in the US. New cars won't need us of course, will be flex fuel. The lack of competition really means it's a waiting game, on when the pumps are loaded with E-85. Bush says he wants this to happen, but is full of crap and is blocking it, to support high oil prices. IMO.
There is plenty of direction with the company, lots of strategic thinking, and good politics as well. The governor of Minnesota is now our poster boy, and is lobbying the EPA to approve our kits quickly. My only concern is dilution, and hope we get a share structure update in the conference call. But of all the Ethanol companies, this is my favorite and the ONLY one I'm holding now, after playing many of them during the boom.
Also - in my Wells Fargo account, my XCELPLUS GLOBAL holdings were pulled off restriction today! The restricted shares (2,500) were removed, and were replaced with 2,500 non-restricted shares. Not priced yet of course, but things are happening, this giant is not sleeping. Silence before the storm, one would hope.
Yes, flipping is not for LBTN! Normally sure, take your 50% when it doubles and ride freebies. But I'm here for the dividend, the price increase is just a bonus, mwaahaahaa! I ain't selling till Monday August 21st, at the earliest. Holding 10 million shares, WHOOT!
LBTN held a teleconference today at 4:15 Eastern time, 1:15 Pacific. I called in and listened to the whole thing. Jim Holmes was there, CEO of Lifeline, and Segerson and Gatto from SLSE (Solos Endoscopy).
The interviewer asked intelligent questions, but I believe it was their own PR firm, so I wouldn't expect any hard questions. There was no questions/answers portion at the end, as I wanted to ask about the chances of a reverse split.
Jim Holmes was very well spoken, best of the 3 IMO. He said the dividend is on track for a record date of August 18th, and the pay date would be 30-45 days later. Sounds like business is good, they're looking at acquisitions in Solar energy, and Ethanol, and Coal refining. Because they have so much SLSE stock right now (which is exploding) I doubt there will be a RS, especially if the price keeps climbing like I expect. Jim said they might spin-off their new acquisitions as well, this might become the "mode of operation".
Segerston wasn't terribly well spoken, because he did alot of "uhh" and "aah" inbetween answering questions, but sounded legitimate and answered all the questions. He said at one point, Solos was making I think 40 million per year (or maybe it was 40 million total, need to listen again), and they "want to get back to that point". They have been around for 20 years, and just started trading 4 months ago. They want to move to a big board, and think once their audits come back (in progress, finding auditors) the price will be alot higher.
Gatto was very well spoken, but didn't get asked many questions. He answered everything immediately, and sounded very convincing. All in all it was very positive, there was nothing "Scary" said, and it appears they are moving right along with the gameplan. LBTN will likely get alot of attention in the next month or two, and I hope people listen to the broadcast tonight, there might be a run tomorrow morning. It might be on the internet but I don't know where, "The Big Apple" company has it available if you call them toll free:
"1-(866) 868-1282, pass code 15380088"
http://www.bigappleconsulting.com/public_relations.html
Very cool post, thanks Jon. I'll look for that when I buy/sell.
NNLX released a press release around it today too!
NanoLogix Featured in The Florida Investor
SHARON, Pa., Aug. 1 /PRNewswire-FirstCall/ -- NanoLogix, Inc. (OTC: NNLX), a nano-biotechnology company engaged in the development and commercialization of technologies for the creation of hydrogen bioreactors, today announced that it was featured in the August edition of The Florida Investor, Florida's premier business investment publication. The article, "Take Stock In The Future NanoLogix, Inc. (OTC: NNLX) -- Creating the Future's Alternative Fuel Source Today," can be viewed online at http://www.otcfn.com/nnlx or http://www.floridainvestor.net.
An excerpt from the article stated, "According to the company, NanoLogix is presently in negotiations with multiple large corporations for the joint venture development of hydrogen bioreactors as a viable fuel source. A completion of such a joint venture would dramatically accelerate the time in which the alternative fuel source becomes mainstream and the value of the stock.
"In our opinion, NanoLogix is an attractive investment at this juncture due to the fact that the company is, frankly, an undiscovered company in an area that is about to explode on the upside. Can you imagine, our future fuel resource coming from wastewater, waste organic material (citrus), or your garbage can? Well, that is exactly what NanoLogix is up to and all signs point to success."
About The Florida Investor
The Florida Investor is Florida's monthly authority on Industrial, Commercial and Investment Real Estate, Emerging Stocks, Franchises and Businesses for Sale. The Florida Investor is distributed state wide with a focused approach, offering a single, consolidated source for reaching thousands of potential investors and potential business partners throughout the State. For more information, visit http://www.floridainvestor.net/. "
Well take it easy then, take echinacea liquid drops, and we should probably all sell everything (just about) with the war starting up. Not that I'm going to react that strongly, but it wouldn't be foolish.
All fair conclusions.
FHAL is $1. They claim next week when their merger is complete, shares will trade at $15 or they will buy us out at $15, for those shares that the company couldn't accumulate.
Yes, I know this is an off-topic pump, but it's needed. And I don't think our mod Lentin will mind!
Wellll... I guess I have to give it up. Lentin and 10 Bagger were right... BUT - they were'nt right based on any knowledge of criminal behavior, rather based on a history of incomplete deliverables. GFCI has not delivered many of the things they claimed yet, now including the buyout. However most of the previous things were filings and financials - things that are OK not to deliver, to be late with - it's the PINK SHEETS for crying out loud! I saw reason to be suspicious but no reasons to doubt that they have real patents, products, and customers - I've found enough proof of that.
What gets me is that they previously solicited, to some degree, 3 buyout offers. Maybe not the first, but they must have communicated with the 2nd and 3rd companies. Then today they announce they have an "anti-buyout" agreement, as if they were repelling a hostile takeover - NOT the case. THIS is my reason for selling 70% of my holdings today.
I will hold the other 30% and make some profit, as I think they will be powerful with Lyamec, and will become a cash cow over the next 6 months - but at a slower pace than getting $2.25 now.
You two stood your ground based on your instinct and experiences, and turnout out to be right IMO. Next time, if you don't want people guessing if you, or the company you're bashing are the scammers - Don't say you're here for "Entertainment"!!! That's the only jab I can throw at ya, lol.
GJ, you did save some newbies some dissapointment, as fate would have it.
I recommend to all of you to look at FHAL now if you haven't, and the LBTN dividend on August 18th as the next "Too Good To Be True" plays... if you are still interested in such things.
Yes it is horribly written, lol. Might be a fake. But if it actually came from Libya, most of them don't speak English and it could just be a poor translation. It appeared on a Spanish web site, so could have been translated from Islamic to Spanish to English.
I don't know if this has already been posted here - SHOCKING!
"07-19-2006
http://pt.portaldebolsa.com/pt/forums/view_post.asp?cod_forum=220&cod_post=37459
Tripoli - July 19- The lybian state inform the Lybian National Securities Market Commission (LNMV) that had obtained 6,5 millions of shares of GRIFCO INTERNATIONAL INC at a average price of 0,20 USD.
The Lybian State will notifie friday the Lybian National Securities Market Commission (LNMV) that it was willing to waive the condition of a 75% minimum acceptance level to which its public offer for the acquisition GRIFCO INTERNATIONAL INC shares was subject, taking into consideration that the response received will be sufficient to develop the business project pursued through the takeover bid.
The Lybian State will launch a takeover bid for GRIFCO INTERNATIONAL INC with the payment of 5,5 euros for each of the that responded to the tender offer, this initial offer could reach the limit of price of 8 euros for each share of the american company.
About Lybia :
Geography
Libya stretches along the northeast coast of Africa between Tunisia and Algeria on the west and Egypt on the east; to the south are the Sudan, Chad, and Niger. It is one-sixth larger than Alaska. A greater part of the country lies within the Sahara. Along the Mediterranean coast and farther inland is arable plateau land.
Government
Military dictatorship. "
Hi all I'm new to HISC but couldn't resist the discounted prices coupled with the 50%+ dividend coming up on July 27th.
"All Homeland Integrated Security shareholders of record as of July 27, 2006 will receive 1 share of Evans System Inc. for every 50 shares of HISC they own as of the record date. The dividend in Evans System is expected to be valued at $.50 per share."
Do you guys know much about Evans Systems? I'll have some of their shares coming to me, but know alot more about HISC's devices than Evan's role. Cheers! All time low, best time ever to buy.
So you DIDN'T sell today at .34 like ya said Lent? Could have sold at .38 if you were watching all morning, easily sold at .34 tho. You were pretty close on your guesses.
I predict a close tomorrow at .54 for fun (no PR)
patience is soooo haaaard in these cases... I would have made a huge bundle off of XKEM if I didn't sell so fast, missed all the good fun. Sigh... And of course when I hold, it tops out fast and then puts me gently into the red. Damned if ya do...
Though this time I'm going to try and hold, primarily for that reason - Lyamec has put their name on the line. It's their credibility that should be questioned more than Grifco's.
Since Lent asked by name, I'll guess that there is actually an outstanding offer of $2.25 from an unnamed company, and think high of day on Monday will be .90. That assumes no other PR comes out on Monday to support the claims.
"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."
I read this as:
1) There is an active offer for GFCI of $2.25 per share existing (plus the two others we heard about last month competing)
2) Lyamec and Grifco have agreed to pursue the highest offer
3) The deal has not been signed yet, but will be signed as quickly as possible
Oledude said - “ IF” there is NOT a qualified buyer at USD $2.25 per share, Lyamec / RG Raymond has opened a “fraud” class action suit. With that in mind I change my “guess” of an opening price to $ 1.00 and a high of the day of 2.00
Exactly, it's either true there is an offer being signed, or it's all rubbish and both GFCI and Lyamec will be quite vulnerable to criminal fraud investigations and charges.
Exactly Lent, why this PR is not a pump, or they would have released it in the morning. I have no reason to believe this is false, and will retain optimism largely because I have alot of shares! lol!
I am shocked, this is way more than I expected per share. But I'm hoping we'll soon confirm that GFCI was legit, and very poor at communicating with shareholders, because they didn't care about share price. They cared about their business, growing it and keeping afloat, perhaps so they could sell it for a huge profit one day. Our time has come! No regrets! Incredible (if it's true).
-Shamantiks
New filing today for CHMD. They've added two prominent Chinese members to their Board of Directors. I think there will be news soon, they've been quiet for a long time and the price has tanked. I'm banking on a big run soon.
Section 5 – Corporate Governance and Management
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Officers.
On June 23, 2006, Messrs. LUO Qiang and ZHANG Guosheng were appointed to the Board of Directors as Independent Non-Executive Director of the Corporation.
On the same date the Corporation established an Audit Committee comprising of Messrs. ZHANG Guosheng and LUO Qiang. Mr. Zhang was elected as Chairman of the Audit Committee.
On the same date, the Company also established a Compensation and Remuneration Committee comprising of Messrs. Alex HO, ZHANG GuoSheng and LUO Qiang. Mr. LUO Qiang was elected as Chairman of the Compensation and Remuneration Committee.
LUO Qiang - Mr. Luo is a graduate of Hunan University in China. Mr. Luo has held senior positions in the Government of Changsha, Hunan province for the past 20 years and he is now currently the Secretariat to the Changsha Goverment. Mr. Luo brings a wealth of experience and contacts in China’s commercial and regulatory sector.
ZHANG Guosheng: Mr. Zhang graduated from Dongbei University of Finance & Economics with a major in Finance. Mr. Zhang has been the Dean of Liaoning Financial College in for the past 10 years. Mr. Zhang is currently the executive member of The Chinese Institute of Certified Public Accountants. Mr. Zhang brings a wealth of experience in corporate governance and, finance and accounting in China.
Awesome news out today:
Wednesday, June 28 2006 1:35 PM, EST
--------------------------------------------------------------------------------
GSPI Consortium Plans 500-Million Gallons Biofuels Production
Business Editors
SAN DIEGO--(BUSINESS WIRE)--June 28, 2006-- Green Star Products, Inc. (OTC:GSPI) (GreenStarUSA.com) announced today that it has finalized negotiations with a Consortium of Companies to produce up to 500-million gallons of Biofuels annually within five years.
GSPI President, Joseph LaStella, stated, "The GSPI Consortium of companies represent all the various elements required to create a successful World-class venture both economically and practically." Additional companies have indicated they will be coming on board shortly.
The GSPI Consortium will construct complete BioRefinery facilities incorporating both biodiesel with adjacent ethanol production facilities. The ethanol facility will utilize waste agricultural products such as corn stover and switch grass (see GSPI press release May 15, 2006). These factors present a unique opportunity for the GSPI Consortium to become one of the major alternative fuels producers in the United States and the World. Biofuels, such as biodiesel and cellulosic ethanol, significantly reduces harmful fuel emissions, including global warming gases, while being cost competitive with conventional fossil fuels.
The next news I want is about results of their existing reactor tests at Welch. How many gallons of hydrogen can they process per day? How much Hydrogen extracted per day? That's what matters most IMO, they have given NO numbers. The new bio-reactor for Erie might be bigger, but still need some numbers to work with. I believe their patents are massively important and already own shares, will buy more as this dips.
Since NOBODY knows about this company yet, as evidenced by the lack of run on Friday's incredible news, this will be a slow mover IMO. It's a long term hold - we're in at the ground floor, the city of Erie adopting them as a prototype puts them on the map.
Question - they own over half of the patents relating to hydrogen and bacteria that begins the process - but what companies own the OTHER patents? Is there/will there be patent competition?
Thanks for the transcript - I might add some shares too - definitely holding.
It can't be verified YET... but the claims were specific that 3 companies made offers for a certain dollar amount. On "Judgement Day" a PR will be released, soon, that explains either there is a buyout - or there was not, with an explanation of what happened. The identify of the possible buyers should only remain confidential until a deal is made/not made.
10 bagger:
Regarding Strongus' statement, "It is hard to imagine some one would do such a press release just to dump some shares on the market. Just my thoughts'... Strongus post #3543... "
Of course companies would issue a press release misleading people to dump shares - what they wouldn't do is make HUGE false claims that would land them in jail, like "we have 3 offers to buy out, the highest being $59 million". You make that up, you go to jail... The wording is too strong and specific to be completely false, for any intelligent businessman OR conman to make. A good conman keeps things vague and unverifiable.
I agree that it's hard to imagine this particular PR is completely false.
Don't know what to say about the missing post, it doesn't matter much if it doesn't happen again.
You're right that the share structure hasn't been posted in public with an update anytime recently.
I called the Investor Relations dept again, and confirmed the complete share structure - there was no secrecy around it, I got an answer immediately after asking.
Authorized Shares: 200,000,000
Outstanding Shares: 38,000,000
Questioning whether the company exists (obviously), is promising, or is friendly to investors is largely irrelevant. They exist, they are not that friendly to us in terms of information disclosure, because presumably they are busy making progress and don't care about the present share price - the price will follow their progress and earnings reports when the time comes. What DOES matter is the buyout - is it real?
An individual choice to be made there. I have sufficient evidence that Grifco is recognized by many large companies in many articles, and believe they are legitimate enough that a hard, cold fact like "we have 3 offers for merger/buyout, highest bid $59 million" are true. By debating peripheral topics, you're just splitting hairs.
Not sure where to begin - since my post a few hours ago, you've got like 8 replies. Which version did you intend me to read? heh... Sorry but I don't check in as frequently.
"As to my being here for "entertainment" reasons, should one apologize for slowing to look at a wreck?"
Rubberneck! Focus on the dotted lines. And you didn't apologize but do appear to feel guilty...
"Nevertheless, I am officially announcing that I am no longer here for the entertainment. "
I want you to know we're here for you during this difficult transition. I hope this doesn't put you at odds with 10 bagger, Mr. Bill, etc... The ramifications of this evolution could be eternally traumatizing.
"And, it won't matter how many visits anyone has had to the company ... All that means ZERO to me! They are a scam until proven otherwise."
The proof is what you just discarded. If you exclude all the proof and testimony, how can you evolve from entertainer to trader?
And for the record, BBB on Shamelessness post #3291:
"I have no problems agreeing with you, though, on the subject of accountability. I firmly believe everyone should be held personally accountable for whatever they freely choose to say about anything. However, once anyone discovers the error of their words and voluntarily chooses to correct them, or once anyone voluntarily concedes to a discovery of the same error by someone else, then any of those previous errors should NOT be rehashed. To do so crosses the border of shamelessness."
They bought themselves some time in my book with the stock dividend. It was quite generous, no? This is a slow n' steady, not a day trader. but they move in big steps.
There are two sides in this pitched battle over the scam factor in GFCI, with distinct characteristics. One side consists of serious investors and traders, who largely believe in the authenticity of the company's intentions, or are nuetral at worst.
The other side has only promoted negative speculation, and has also stated they are here for "Entertainment" value only. Entertainers, muses, mimes shouldn't require a serious response from a serious person. "Never argue with a fool - people might not know the difference", dad used to say.
Lent, you stated that you will only follow the bare minimum of rules on Ihub - and deny all integrity and values, because nobody is forcing you to have any. All BBB said was don't be "Shameless" and you refused such a reasonable request, because it would disable you from irrational pessimism, which you find entertainment to spread.
Nonetheless I will share some due diligence with all of you. While pondering the fate of my funds, I called Grifco today. The receptionist, who answered on the 2nd ring gave me their investor relations number. I called and spoke with a rep named Ryan who, of course, wasn't at liberty to discuss much about the possible acquisition. However he did confirm something very important - that there are 38 million shares outstanding. And that there are multiple negotiations taking place, and they expect news on one of the deals in the next few weeks - he wouldn't commit to a more precise timeframe, and wouldn't name a company.
As an empath I don't believe that Ryan was lying to me. And he's not at work for entertainment value...
Looking good, great news, they're finally profitable. Instant Cover could become quite popular. 28 minute infomercial will definitely get some attention.
I picked up 200,000 shares today and will hold for a while.
It looks like the authorized shares is still at 1.9 billion.
The numbers you projected of 1.2 billion (12% = 144,511,809) relate to "issued and outstanding stock". That's the float, it may have exploded.
10 bagger: Basher or pumper..
What do yo call some one that buys a stock with out any knowledge of sharecount or finanicals (I call them a penny stock trader. We play on hype more than fundamentals)
and what do you call some one that demands finanicals and sharecounts to do proper DD... (I call them a long term fundamental investor.)
I interpret the PR like this:
The following 3 agreements were made between XKEM and Marjorie Chassman on 6/15/2006. XKEM already received the funds for the first 2 agreements.
5/10/2006 - Marjorie Chassman gives $780,000 to Xechem
in exchange for a 156,000,000 share warrant exercisable at $0.005 per share. If the warrant is not used the $780,000 loan must be paid back on 5/31/2008 with 8% interest.
6/5/2006 - Marjorie Chassman gives $200,000 to Xechem
in exchange for a 20,000,000 share warrant exercisable at $0.01 per share. If the warrant is not used the $200,000 loan must be paid back on 5/31/2008 with 8% interest.
6/15/2006 - Marjorie Chassman gives $1,025,000 to Xechem
in exchange for 66,666,667 shares and 66,666,667 warrants, exercisable at $0.02 per share for a period of 5 years. Plus all existing warrants are extended until 5/31/2008. (The 66 million shares appear to be unrestricted, added to the float)
= 242,666,667 million new unrestricted warrants, and 66,666,667 new shares in the float.
3. Strengthen buy-out/merger negotiations - there is no way withholding key information like this would strengthen anything, much less how much anyone would pay for grifco. UNLESS he is showing them them the proof which makes him a scumbag and crook imo
If information/proof was shared with the tentative buyers that was not shared with we the shareholders, and it caused a buy-out at .50 per share, it would be in our best interest. That's the scenario alot of us bought a lotto ticket for. It is risky, nearly all the good stuff is.
I appreciate the replies of your picks 10 bagger and len - all foreign to me, but glad to see you are diversified in your interests, if not investments. I'll return my favorites of XKEM, RSHN, XLPI and FASC. I watch about 40 stocks on any given day with MicroCapTrade, and own shares in 8 with dividends in 6, 1 year restricted. Anyway back to GFCI...
Looks like the share price stabilized this week just under .14, and the OBV volume is high. Well we should know next week whether there really is a deal taking place, or whether it's hocus pocus, and one team will have to buy a beer through PayPal for the others.
And yes - sometimes I could fairly be labeled a Pumper, which is a lesser crime than being a Basher IMO. Pumpers are cheering for their own investments to do well - initiating a self-fulfilling prophecy, just like Ethanol appearing on the cover of the Wall Street Journal can do, which as was pointed out, is good business for your own investments - of course you should actually believe a company will do well to endorse it. But being a basher implies ulterior motives... shorting... paid basher to support MM shorting, which is an evil crime against humanity in most cases (regulating stock prices that have exploded is reasonable to prevent a further larger collapse).
I'm probably the only one who finds humor in a band of bashers complaining about being "attacked" by the mod, and by one poster, BBB. Oh poor you! With all of the "That was a brilliant bash" pat on the back posts I just read, it's looking like you guys created an anti-investment gay massage parlor.
Just out of curiousity, Len, Bill, and 10bagger, the top 3 bashers - are there any penny stocks you actually like? Can you name one for us?
Since 99% of your criticism is "we have a lack of information", which is a valid premise, do you invest in penny stocks at all? That criticism is true for most penny stocks.
BTW BBB's points on naked shorting are quite relevant - they explain why the price has tanked for the last 6 months +.
"It is good business. I definitely wouldn't be feeding people negativity about a stock I own. I would sell first and then let my feelings about the stock be known."
- Absolutely good point. If you think it sucks and feel the need to bash a stock, SELL it first. Unless you're just questioning innocently, which I haven't seen around here.
Anyway I don't know about XOM, I normally play biotech and tech stocks. So pardon me, if it's outlandish for GFCI to acquire them then maybe someone hacked onto their web site and put it up? Sounds like they took it down quickly. Regardless, my point was - that's all that sticks. All other criticism boils down to "we don't have enough information".
For record, after reading through many of the previous 2 months post, I can summarize that nowhere did Grifco lie. The closest thing was the XOM acquisition which didn't take place. Well deals fall through... And second, there should have been follow up PRs on their sales, they don't seem to care that much what we think about them. They're in business with other companies - not in the business of being spin doctors. We wish it were otherwise - but then they wouldn't be undervalued, would they?
In this case, the claim is that three companies are interested in acquiring or merging, and if any one of them goes through it will be big news for the value of our shares.
They stand guilty of a severe lack of information to the shareholders - lack of knowledge about the share structure is the most frightful element. Yet could they be completely lying that they were offered 49 million bucks, as the premium offer followed by two lesser but still great offers?
I can't imagine a PR announcing that THREE deals fell through all at once, and expect to maintain any mysterious credibility. So I trust that one will go through - perhaps we will merely double our stock price, waa.
Their products are the type that would truly be needed now during our oil crisis, to improve efficiencies, since supplies are more rare. It could be considered a high risk/high reward bet, the kind I'm drawn to. But as long as the current claims are 33% true, we're set for a fun ride.
Volume of trading is too low for a buy-back.
I think I'll hold my shares tho post dividend to see if they do it again with their other subsidiary. They sure hooked it up right the first time, let's do it again!
That might be true, but the reasons for that expectation are not obvious. Their PR's look completely reasonable to me. Let's see if any came true or were lies:
March 18 2005 - Grifco to acquier Coil Tubing Company
November 8 2005 - Grifco announces special dividend in Coil Tubing Technology
March 30 2006 - Grifco gives spin-off shares in Coil Tubing Technology company
1 point - this came true, they acquired, and then gave our shares to share holders, right? Not delivered yet, but coming soon.
They've had several other acquisitions they discuss that I assume took place. They announced several million dollar orders that I assume took place. They completed 50 jet motors; they increase production of a factory by 25%... are these so hard to believe? They're not shocking news that would make a stock explode. They're quite normal... BORING dare I say. I just don't see what's supposed to shock me into believing I'm being pumped.
It looks like a boring, normal oil parts company. Where's all the hype? What was a lie? Please use examples, not generalizations. I'm open to the information, I'm not a pumper or a basher. General sentiments just don't cut it.
The most significant criticism I've read was Bill's comment that they won't announce how many shares are outstanding, because... they don't want to get bought out too cheaply, because it's a good buy. Sounds like the right reason to own a stock.
Nice chart with PR's Rckhnd! I'm a Rush long investor, and plan to hold for 1-2 years. I rode it up, rode it down, and look forwards to doing it again.
You naysayers just need to understand that Rush is going ballistic with advertising, and setting things up - they're not quite ready for huge selling yet. Advertising E-water, getting contracts for Rush Cola, and yes, in a month or two this will be an exciting stock again.
This is the perfect buying window, I added another 1 million shares this week, for a total of 3.5 million. And I'll add more if it keeps dropping to - the long term prospects are great IMO, especially with the millions of bucks that Lynch gave RSHN recently. They've got cash to get the word out and expand production, plus they added a brewery to expand their product line. I ordered 24 rush colas (all 3 types) and really loved the Rush Cola. It's a good product with a serious chance to make it big.
Thanks for the link Bagger. GFCO looks legitimate to me, their press releases don't look impressive enough to be a scam job. I'm not buying it. I agree that the criticism against them looks like speculation, and isn't based on fact.
Their products on their site look legit too. I don't think they're lying about the acquisition proposals taking place.
I received my dividends today! They read "True Product ID Restricted - 197,236 shares". It shows a dollar value of just over $41,000!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I am holding 3.75 million shares. This is an AMAZING increase in value. To answer previous question, I believe ONTV was re-named True Product ID. The symbol doesn't show yet online, but it's already trading under TPDI.
Glad to be in SSTY, which nobody knows about. Congrats to those of you who rode this dividend play, it's the best one I've seen yet.
I hope they decide to give us dividends in their other companies - they know how to do it right (and SSTY brass are also benefiting, as they own tons of shares).