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Looking at my stats it has been 4 years since my last post and first post was over 10 years ago. How time flies!
Hey guys, what's going on. I saw $1.85 and thought I should check in!
Good Question. Looked like I would not get my .01's so my order was revised yesterday and I have been sitting at .02 for 125,0000 shares. That trade went right thru me so someone got rooked. Still looking for 26,000 more.
Sorry for the somewhat sarcastic post I made last night. Honestly just trying to offer a safe landing and exit strategy for anyone who is too short sighted to see the writing on the wall. Hugo has successfully tied Fuego directly to Cuba and its bright future. As soon as Cuba becomes the the new media darling and Jim Cramer is profiling the bright opportunity then everyone will be looking to invest. The smart money will already be well entrenched for the ride up.
Does anyone feel a need to dump some shares? Hit me. I am sitting at .01 with an open order for 250,000. Thanks and come again...
I have been lurking here on the board for the last few years patiently waiting to see where Hugo will take FUGI and it looks like his real dream is coming to fruition. He has always said that his real passion is the revitalization of his beautiful motherland.
There have been a lot of trials and mistakes along the way, but the one thing that has always kept me believing in him was his pledge to never dilute the stock and I know I am not alone.
Let the good times roll!
Hey Tec, it has been a while.
Do people still hang out at "PalTalk?"
Hey there old friends.
Just thought I would stop in to see what is cooking with FUGI. As an original IPO shareholder and longtime supporter of Hugo's it is nice to see the CBDG activity. Hope everyone is doing well... Thinman, Edward and all the rest.
Bev Plus shares are scheduled to trade on Feb 2nd. Opening price 3.00 Euros. 580,000 shares owned. See previous post for more details.
Hugo and Fuegomio.com getting lots of Miami attention. Hugo says attorneys are calling wanting to take the case, but the ACLU has offered to handle it for free!
http://www.elnuevoherald.com/167/story/353805.html
Translated...
The local controversy around the Cuban salsero Paulito FG seems not to have aim. Wednesday the Miami-Dade County decided to suspend the concert of the controversial artist arguing who the promotional company Entertaiment Fire did not fulfill the requirement to ask for the permission with 120 days of anticipation to the date of the event.
Nevertheless, the cubanoamericano industralist Hugo Cancio, president Entertaiment Fire, said that this measurement never has existed and that the requirements of the local authorities ``establish solely that the permissions must be transacted with 45 days of antelación' '.
Paulito FG --resident in Cuba-- it had to participate next to local artists in a programmed musical festival for 1ro of February in the park Amelia Earhart, to the east of Hialeah. The activity was going to also reunite in the scene to Manolín " The Doctor of the Salsa' ' and other groupings of Miami and Puerto Rico.
The New Herald tried to obtain a direct explanation of the authorities on the dispositions that regulate the public activities in the parks, that are under the condal administration. But Edith Towers, spokesman of the Department of Parks and Recreation, said that it had to investigate the case before offering an answer. Answer of the office of the commissioner of Miami-Dade was not received either, Natasha Seijas, that made the suspension public of the concert.
Nevertheless, in declarations to the local television, Seijas needed that the proceedings realised by Entertaiment Fire to obtain the approval do not adjust to the law of the county, that indicates that " any event that is developed in a public enclosure, mainly regional, must be transacted with 120 days of anticipación' '.
Cancio detailed that the arguments of the county are improbable, because " in no form it says that 120 days for trámite' are needed; '. " We put under documents the 16 of December of the 2008, that is to say, 47 days before the event. The requirements have been changed like a reaction to the announcement of the festival. Until the moment I have not been informed officially into the suspension, but really it is truth, we are going to raise a legal demand against condado' ' , it maintained Cancio.
Entertaiment fire --been in Miami Lakes-- it had already received the approval of the direction of the park Amelia Earhart, and had made corresponding contracts for the services of the police and the insurances required by the organization.
The concert of Paulito FG is part of one nourished musical agenda that includes/understands other two functions of the singer in the United States: in Miami Lakes and Tampa, days 30 and 31 of January. The singer visited Miami November the past and opened an avalanche of controversies, after to declare in a televising program that respected and thought in Fidel Castro, and that the prevailing system in Cuba had allowed him to realise all artistic dreams.
Cancio argued that the dispositions of the county are absurd and assured to have tests that in local festivales recent dates they have been carried out with requests processed in 15, 20 and 30 days of anticipation. " The last event that I supported, the Festival of the Reggaetón, was approved in 22 days.
Now the lawyers of the county say that they realized of which that law of 120 days always existed. What chance! … then it means that all the activities that were realised in the 2008 were ilegales' ' , Cancio abounded.
The controversy also dragged the mayor of Hialeah, Julio Robaina, who questioned the presentation of the Cuban salsero in his city by the difficulties that could represent for the security of their neighbors. " I know that the unique reason of organizing this concert in Hialeah is for causing. But never I have said that it was not going to cancel nor to come up, but to guarantee the protection of the residents of Hialeah' ' , it limited the mayor.
Robaina clarified that its administration did not press so that the condales authorities suspended the event, but advised to that the papers were reviewed to clear any doubt on the police monitoring. The determination of the Miami-Dade county to make merit the requirement of 120 days could bring surprises in the judicial scope.
The incident is already being analyzed by the American Union of Libertades Civiles (ACLU), in order to determine if the county has demanded the same rules to the organizers of local events. In the 2000, Cancio next to other industralists and cultural institutions endorsed by the ACLU gained a demand against the Miami-Dade county and down threw a decree that prohibited to the local artistic groups the request of bottoms public for activities related to Cuba.
I am about to join you for a nice cry...
Thank you for update, please link to court document when available.
Yes sir....
This seems to do a fairly good job of describing the way a company typically handles Investor Relations. Notice it says that the department handles inquiries from shareholders. For those that can't comprehend what this means... You have to take action to contact the company. Picking up the phone is a very effective tool of communication and is much more productive than sitting and whining on a message board. lol
Investor Relations (IR) is a strategic management responsibility that integrates finance, communication, marketing and securities law compliance to enable the most effective two-way communication between a company, the financial community, and other constituencies, which ultimately contributes to a company's securities achieving fair valuation. (Adopted by the NIRI Board of Directors, March 2003.) The term describes the department of a company devoted to handling inquiries from shareholders and investors, as well as others who might be interested in a company's stock or financial stability.
http://en.wikipedia.org/wiki/Investor_relations
Where are all the skinheads, graffiti and knife fights?
Here are your answers:
why isn't this public info?
The details of the case are public. Go sit in on the next court appearance...
why aren't you IR since I learned more from you then I did from any PR
"What are you expecting the company to update us with daily PR's concerning the progress of the case? Just like the Beatles and Barry, we will be notified when the case is closed.
we can put out a PR of the pre-riot gang music plan of public concerts but not on what is actually going on with legal or music sales
huh?
I think I would fire the IR, or the president if he doesn't fire the IR guy
Everyone has more important things to do than write a PR that says the case is ongoing and we will report the outcome when it happens. BTW, the information is only a phone call away... I forgot you don't ever call the company, but only sit on the sidelines and whine
just put out the truth and let the truth sell itself
They have given us the results of every legal issue so far and I see no reason why they will stop
lies or omissions can only cause trouble and has already
huh? what trouble?
11/28/2008 Google results for "Fuegomio.com" = 521
11/9/2008 Google results for "Fuegomio.com" = 402 ... (hopefully we see this number go up soon)
9/29/2008 Google results for "Fuegomio.com" = 846
9/13/2008 Google results for "Fuegomio.com" = 1,060
9/2/2008 Google results for "Fuegomio.com" = 1,040
8/26/2008 Google results for "Fuegomio.com" = 843
8/24/2008 Google results for "Fuegomio.com" = 740
8/22/2008 Google results for "Fuegomio.com" = 536
8/13/2008 Google results for "Fuegomio.com" = 392 ... (Orchard PR issued by Fuego)
8/12/2008 Google results for "Fuegomio.com" = 145
8/9/2008 Google results for "Fuegomio.com" = 135 ... (IODA PR issued by Fuego)
8/7/2008 Google results for "Fuegomio.com" = 10
8/4/2008 Google results for "Fuegomio.com" = 8
http://www.google.com/search?rlz=1B3GGGL_enUS244US244&q=fuegomio.com&start=0&sa=N&filter=0
8/13/2008
ITunes.com = 506,000
Napster.com = 1,120,000
Rhapsody.com = 10,200,000
You have way too much spare time on your hands, lol.
Now your probably going to tell us that this location is somewhere out in the barren wasteland of Central Florida rather than right smack in the center of the most populated sections of Miami and only blocks from Miami beach.
http://maps.google.com/maps?q=Amelia%20Earhart%20Park&sourceid=navclient-ff&ie=UTF-8&rlz=1B3GGGL_enUS244US244&um=1&sa=N&tab=wl
FuegoMio will be co-presenting 14 reggaeton artists including Javier Voltaje, Gente de Zona USA and Luny Tunes recording artists Arcangel and Erre XI.
14 live performances does not sound like the Merry-Go-Round and petting zoo block party you are making this out to be.
This is the same old chit we have seen about every 3 months for almost 2 years. One or two days of crossed trades then silence. It is someone moving shares from one account to another and it can be clearly seen on the daily chart at about 3 month intervals. I have my own ideas on who it is and why its being done, but I will not be able to confirm it until we see some serious buying force a cover.
For some reason my data is not showing yesterday's volume, but the chart illustrates my point.
ckintele... "Resistance is futile!"
"No amount of money will induce someone to lay down their life, but they will gladly do so for a bit of yellow ribbon." - Napoleon
Your opponent is driven by something greater than rational and his passion for the need to be right is stronger than any debate you can devise.
11/9/2008 Google results for "Fuegomio.com" = 402 ... (hopefully we see this number go up soon)
9/29/2008 Google results for "Fuegomio.com" = 846
9/13/2008 Google results for "Fuegomio.com" = 1,060
9/2/2008 Google results for "Fuegomio.com" = 1,040
8/26/2008 Google results for "Fuegomio.com" = 843
8/24/2008 Google results for "Fuegomio.com" = 740
8/22/2008 Google results for "Fuegomio.com" = 536
8/13/2008 Google results for "Fuegomio.com" = 392 ... (Orchard PR issued by Fuego)
8/12/2008 Google results for "Fuegomio.com" = 145
8/9/2008 Google results for "Fuegomio.com" = 135 ... (IODA PR issued by Fuego)
8/7/2008 Google results for "Fuegomio.com" = 10
8/4/2008 Google results for "Fuegomio.com" = 8
http://www.google.com/search?rlz=1B3GGGL_enUS244US244&q=fuegomio.com&start=0&sa=N&filter=0
8/13/2008
ITunes.com = 506,000
Napster.com = 1,120,000
Rhapsody.com = 10,200,000
Many times the data is consolidated and the only way to see your actual trade is in real time. Gotta have the platform up and running to be able to scroll back thru the trades for the day.
Paid data subscriptions are the most reliable. Broker feeds suck.
Yesterday's PR now showing on Yahoo
I see .04's hitting the Ameritrade tape at the same time your trades hit. Complain to your data provider...
Company said they tried a new news service that has been begging for a shot. They are not impressed and will likely not use them again.
The two of you are bordering on the extreme...
To be a good basher/detractor of the company you have to acknowledge positive moves the company makes and then follow up with 5 bad moves, but you are not even doing that.
When the company's CEO buys 275,000 shares and you try to paint it as a bad thing... your going to lose credibility due to a lack of objectivity..
Stay focused guys!
http://www.sec.gov/about/forms/form4data.pdf
From 4 is not required unless you are an insider or an individual owning more than 10% of the OS.
Why would AES have to file a Form 4 if they are are holding less than 10% of the OS. The only time I would expect to see a filing concerning Fuego by AES is in the annual 13-G.
I agree that it is likely Santelli's hedge fund. If so, Hugo deserves a sincere thank you since he is helping Santelli out and keeping the shares from being sold in the open market and potentially driving down the share price.
Hedge Fund redempitons are driving them to scramble for massive amounts of cash.
http://seekingalpha.com/article/98387-hedge-fund-redemptions-let-the-bloodbath-begin
A total of 30 I.P.O.’s, valued at $13.1 billion, were pulled worldwide in October, according to data from Dealogic. It was the highest volume of withdrawn offerings in a single month since the firm started gathering data in 1995.
http://dealbook.blogs.nytimes.com/2008/10/31/withdrawn-ipos-hit-a-high-in-october/
Thanks GoForTheBet!
I guess it should have read "barring any delays, the company should go public in 3-4 weeks."
Geeze...
GoForTheBet has it covered. Do you have time to look at the other document?
http://i35.tinypic.com/10ht8r6.jpg
Thank you very much!
Can anyone read German? Looks like Beverage Plus activity is heating up. If these shares are transacted as planned and some positive/informative PR's are issued there should be a big shift in the sentiment around here...
Holy Crapola! Repost
Remember the Beverage Plus web advertising revenue? The company accepted shares in Beverage Plus as payment.
http://biz.yahoo.com/iw/080325/0378887.html
Here is the big news! Beverage Plus is about to go public on the Frankfurt Stock Exchange. The shares are all on deposit with an international broker and can be traded at any time. If my math is correct we own 580,859 shares. The company has been valuated at 2.50 Euros and will open for trading at this price.
Current exchange rate is 1 dollar to every .7036 Euro. This means every Euro is equal to $1.42 US Dollars.
2.50 * 1.42= $3.55 per share (as of this repost, the rate has gone lower to around 1.28 as the dollar gets stronger)
3.55 * 580,859= $2,062,049.45
Yes, your reading this correctly... The shares we hold are worth over 2 million dollars. The entire market cap for the company is 2.76 million right now and before the end of the year we may see the company convert these shares to cash.
Please stay on Topic...
I guess I just don't hang around these penny stocks enough to know the players... If you say this was a bad thing I can't make a valid argument to the contrary.
AAPL and CAT are on my radar right now...