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Yes Stinkweed,
I was going to post it but it seemed fairly generic so I didn't see any value in it. But here it is anyway..
"Thank you for your inquiry. I can confirm USFF continues to be delisted and no longer trading. Per our order room, they do not see any marketability for it, and it is also eligible for worthless removal if a shareholder wishes to have it removed from their account. Please contact us again if you have any additional questions.
Sincerely,
Derek Whitehill
Corporate Actions and Dividends, TDA
TD Ameritrade, Inc."
They really didn't answer the question of why the shares were removed , re-instated and removed again recently.
Regardless. I am optimistic and have more hope than the pope for USFF.
I just e-mailed them. I will let you know when I get a response.
My USFF shares disappeared from my TDameritrade account this morning. I don't know if that signals this equity is getting ready to re-list and trade.
Let's see.
I'll take the ask!
Anything would be better than this endless waiting. I just want some action or closure.
Nothing would make me happier than having this shell sold to a viable company. However, that fact that there are shareholders like us still holding may make the shell less attractive. Nevertheless,I don't think Scorzelli would continue to file the required SEC paperwork and pay the fees year after year if they did not have some plan for the company/shell.
Valuations for a clean shell are all over the place. $100k seems to be a average. Check this site for a sample.
http://www.mergernetwork.com/public-shell-companies-for-sale/page-1
Let's get this thing sold!
I don't know if it is indicative of anything but up until yesterday my TD Ameritrade showed a cash value of .03/share for my USFF shares even though the bid/ask was zero. Yesterday the value showed a zero. It may mean a change is coming...or not...just FYI.
MJ
It is probably a mixed blessing or smart move that they withdrew for now. The market is very shaky and they are going to need some sort of news to support the stock once it starts trading. We have been waiting years. I can do another month or two standing on my head.
MJ
If the company is successful in re-listing does any one expect that current shareholders will be subject to a "Lock up" of shares in which we might not be able to sell any shares for a per-determined time period?
Thanks
When we hit .02
It's gonna be like baking soda and vinegar.
Blue Horseshoe loves TCEL.
So get in while the gettins good.
Everything is "Top Secret" They don't want just anyone getting rich on this little gem.
Does anyone have a current e-mail address for the company?
I tried the info and gmail addresses but without any luck. I don't know. Maybe they are in a quiet period and can't share any info at this time but the volume and support lately is very interesting.
GLTA
Hi Dave,
Thanks for your input. Do you think the middle of April is still a good date for the re-listing? Any idea if the 15c will be filed this week or do you have an idea on the time line of events the will lead up to the Re-listing?
Many thanks
I don't know if it is just coincidence but 1.2m traded this morning. Maybe that shell is becoming more attractive.
Let's see
Ok Drugman,
It is pretty much as I thought. Pat has always been accessible. I think he came on board for the technology but the company's problems long pre-dated his arrival.
Getting financing is all about timing and I think by 2007 that well was starting to dry up. I always knew it was a long shot to succeed but there was always a chance. Anyway, let's see if they can reverse merge and maybe we will have the opportunity to own something else.
Many thanks for following up
Actually
Every time I have called the number listed on the home page of IHub he has either picked right up or got back to me. It is probably worth a shot.
Pat Scorzelli (978) 273-8588 (Cell)
If you do contact him, ask him what ever happened with the nano filters and "Vitusa".
http://globenewswire.com/news-release/2007/03/05/356010/114858/en/US-Global-Nanospace-Inc-s-NanoFilterCX-Undergoing-Commercial-Feasibility-Study.html
Thanks
That is a good question about the Radomes. The last information I saw about sales was in 2006. I wonder if they sold the rights to that patent? They had a lot of interesting products.
http://www.usgn.com/AdvMaterials.html
I remember they said that they sold a BlastX cabin door to Ryan air or Air lingus but it turned out to be not true.
I remember the stock activity last year. Maybe it was a case of mistaken identity like the company called Nestor that was on the pinks. A lot of people bought the stock thinking Google was purchasing them but it was actually a private company with the same name.
I would settle for that!
I have thought the same for a long time about mapsands but they could never get funding. In the meantime I think that Drones are probably more cost effective these days. I always though that the filter technology would be the one to succeed. I remember a conversation with Scorzelli about it in 2006 and was really excited about the interest they had in the product. That was a technology that had a lot of possible uses including cigarettes. I'm not sure what they did with that patent. With all the smokers in China it seemed like there was a market.
The last time I spoke with him he said they had inquiries about partnerships but what they really wanted and needed were licensing deals.
That's about all I know
I never read anything about a time limit on the law suits. It is has been about 7 years since the Tiax decision. It is funny but after all that Tiax never commercialized the All-clear product. Seems like a waste but maybe there was never a big enough market for it.
Regardless, "USGN" has paid the fees to keep the stock listing on the pinks and kept the website active, although not updated, ever since. I guess there is always a possibility of a reverse merger with a related or unrelated company. We will just see what happens. Maybe this is the year.
GLTA
I'm really surprised that this stock is still trading. For whatever reason Scorzelli continues to complete the filings and pay the annual filing fees to keep the stock actively trading on the pinks . If you can even call it that. What ever intellectual properties the company still maintains control over are most likely so outdated that I can't imagine anyone being interested with the exception of some developing economy that probably would not have the demand or expertise to commercialize it.
So why not let just let the company de-list? I suppose that there is some value in selling the shell but they would need a really clean shell company with no debt to do so and I really doubt that is the case.
Anyone have any thoughts and is anyone here actually trading this stock?
MJ
Thanks Doc,
I got more hope than the Pope.
GLTA
This may have been discussed already but does anyone know the approximate time frame for shares of the "new" company to begin trading again?
Thanks
I agree. It does sound too good to be true. It is hard to imagine a change of listing would warrant a 10x rise in share price. Especially with the schizophrenic history of this company and all the legacy shares that have been awarded in lieu of salaries and for financing over the years. I think there is a huge pent-up demand to sell these shares without a huge loss and opening at 30 cents would cause stampede to the exits.
So with the exception of a really big and verifiable news released in advance or the dreaded reverse split I don't expect it to open or maintain much of a premium upon re-opening.
The Silence is discouraging. One of the documents that MLM posted indicated a postponement of a hearing on all the mentioned companies until February 19th so maybe the SEC did jump the gun on the de-listing. It is the slimmest of hopes though I don't know if what has been done can be reversed. I don't see how they can move to the Bulletin boards in a timely fashion otherwise.
I want to know what in the Sam Hill is going on here
MikeJones is getting upset!
All right now,
Don't try to confuse everyone with the facts.
MikeJones is getting upset!!
Well,
I'll be a monkey's uncle. Even Mike Jones is on the list to get a dividend
Dear shareholder!
We have included you in the list on payment of dividends.
Best regards.
Management Aurus Corp.
---------- Forwarded message ----------
From: Aleksandra Korogod <alekskorogod@gmail.com>
Date: 2010/9/15
Subject: Fwd: Fw: Aurus Divivend documentation/ western union location
To: auruscorp@gmail.com
I say...Aurc is playing possum! So keep watching....keep watching....keep watching....
MJ
I feel it in my trick knee that Aurc is getting ready to make the greatest comeback since Lazarus. More or less..
MJ
I'm a believer again. I'm buying a little 2day.
Don't ask why. I can't answer that question myself.
MJ
If good things really do come to those who wait...we are all destined to go straight to the bank...
Mj
They are getting their ducks in a row I hope.
MJ
Anyone see the 60 Minutes story on carbon capture? Everyone says we have to do it but no one wants to invest in it.
MJ
Rally caps?
MJ
Maybe they will re-schedule.
MJ
Thanks for that info Preston. What's going on in the State of Ma case is that the judge has asked USGA to report back to the court every six months to give an update and provide documents concerning the federal bankruptcy case. As long as the bankruptcy goes ahead then USGA will have immunity from any judgement the state court could render. In effect, the case is on permanent hold pending USGA going out of business or re-organizing. Either way I don't think Tiax (or us) will ever see a dime.
MJ
I haven't checked yet because it usually takes a couple of days for the clerk's notes to get updated in thier database as to the outcome of these hearings. I will update the board as soon as I have any info.
MJ
If it's in Russian how will we know what it says? Even our Secretary of State couldn't get a decent translation one Russian word.
for the record: Aurc.pk is my favorite stock.
MJ