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.003x.0031
lev2 not looking like its going to gap atm..
IMO thats good.. no reason to have to come back down and fill it on the chart.
.0013 up
.0009 wall falling eom
The bid keeps getting stronger.. We might just make a run at that .0009 wall today
I guess it just didn't work in the preview screen. weird
For some reason the link doesn't work here but if you put the url in the browser it does.
http://xrl.in/2ny7
I keep getting dead links when I try to post and preview it here on ihub. Not sure what im doing wrong.
Another nice reverse merger from the past..
DreamLife Inc. (DLIF)
Tony Robbins, internationally known motivational speaker, reverse merged his company into a little know medical company, GHS, Inc., which sent the stock soaring from $.75 to $20.
http://www.businessweek.com/1999/99_37/b3646116.htm
I am wondering now if that is even the plan or not. If they were going to do that then the website would have a different domain name.
Since the website is Blackhawkfund.com I would assume they are sticking with their own plans to make money. Probably not a Merge of any kind. Who knows but it looks good so far.
IMO we are going to reverse merge with a private company. If or when that happens. The new company would own the current url and would change it after the fact. This change to the website just seems to be a signal to current investors to hold tight and that good things are happening. About time too.. we have been holding this one for quite some time p2d :)
As far as a successful merger.. SPEA is one that people love to talk about. Would be the best case scenario but we can dream..
http://www.shellstockreview.com/ssr-Elvis-Presley-and-SPEA.html
Depends on the terms of the deal... If it is SSVE it wouldn't be a reverse merger though. Just a regular old merger. Wouldn't make much sense for them to buy a shell if they are already public.
Another type of acquisition is a reverse merger, a deal that enables a private company to get publicly-listed in a relatively short time period. A reverse merger occurs when a private company that has strong prospects and is eager to raise financing buys a publicly-listed shell company, usually one with no business and limited assets. The private company reverse merges into the public company, and together they become an entirely new public corporation with tradable shares.
http://www.investopedia.com/university/mergers/mergers1.asp?viewed=1
Nice.. It looks like the website was updated yesterday. http://whois.domaintools.com/blackhawkfund.com
No I really don't think so.. I saw that same guy spam the same post on yahoo's xhua board
weird timed out for me too.. just put the url in you browser and it works
daily 3month
2yr weekly
must of been too quiet.. here come the bid whackers
I agree they are more than likely hiding bids.. They do it to me all the time too.
nice volume this morning.. back to .0004 like to see .0005 today
bid .0016x2 ask .0018x1
Ok thanks for making that clear Brikk. I don't like spreading garbage and have felt bad ever since the open. I think this is about to go much higher without that kind of bs. The charts don't lie :)
"and perhaps who was behind its dissemination over here on ihub"
For the record. I did not make that pr up and only posted the whole thing after I was kindly asked to. I did point out that it was strange that it was dated for the next day. I am sorry if it is fake and anyone was mislead. Not my intention.
You are correct that the ip address is logged at yahoo. So if this is fake someone somewhere does have something to worry about. But not me.
Press Release
Source: XINHUA CHINA LTD.
XINHUA CHINA LTD.'s Amends Charter To Reduce Shares
On Thursday June 4, 2009, 9:00 am EDT
BEIJING, June 4/PRNewswire-Asia/ -- XINHUA CHINA LTD. (OTC Bulletin Board: XHUA - News)
announced today that they have amended their Articles of Incorporation to reduce the
number of common shares through a combined effort in the reduction in Authorized Shares
(A/S) and Outstanding Shares (O/S). Based on the latest filing, the company was
authorized to issue 500,000,000 shares of common stock and had a total of 380,318,566
shares issued and outstanding.
Subsequent to that filing, that number has been reduced by 20% to 400,000,000 shares. We
are pleased with the progress we have made in pursuance of the auto parts market and have
achieved capital infusion that will not result in the further dilution of our common
stock.
This reduction in the number of authorized shares does not affect outstanding shares
currently in the public float and it is not a reverse split. Existing shareholders will
possess the same number of shares after the reduction as before. This amendment was
unanimously adopted by the Board of Directors pursuant to Nevada Law and filed with the
Nevada Secretary of State.
This reduction of authorized and outstanding shares was done to ensure our shareholders
that we are extremely prudent with our issuance of stock. There are no plans to issue
500,000,000 shares of common stock and thus no reason to have it in our treasury. It is
our plan to repurchase existing common stock and subsequently decrease the total number
of outstanding shares. The repurchase plan will take place throughout the remainder of
2009 with the goal of achieving 150,000,000 shares by EOY. The progress outlining our
entry into the auto parts market will be delineated in a subsequent news release.
For more information, please contact:
Alex
Tel: +86-10-8447-7275
Email: xhuachina@gmail.com
Fax: +86-10-8447-7277
Interesting news dated for tomorrow posted on yahoo board
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_X/threadview?m=tm&bn=57080&tid=516&mid=516&tof=1&frt=2
The E is gone today! Now we need the volume to return.
Not sure why they wasted their time filing a 10q with nothing in it
EXPLANATORY NOTE
This quarterly report on Form 10-Q does not contain all of the information required to be disclosed under the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. In particular, this quarterly report does not contain the financial statements required by Article 8-03 of Regulation S-X, management’s discussion and analysis required by Item 303 of Regulation S-K, disclosure controls and procedures required by Item 307 of Regulation S-K, internal control over financial reporting required by Item 308T of Regulation S-K, and certifications required under Rule 13a-14 of the Securities Exchange Act of 1934, as amended, and Section 1350 of the Sarbanes-Oxley Act of 2002. The company intends to file an amendment to this quarterly report on Form 10-Q to provide the missing information once it becomes available.
Hmm not sure... all I know is that today my brokerage account shows an E and I had to add the E to get levII to show properly.
It means if bhwf doesn't file within 30 days they are dropped to the pink sheets. It happens all the time for various reasons. Sometimes just because the accounts haven't finished their work on time. I'm looking for them to file soon, but you never know with companies like this one.
bhwfe now
volume may of slowed because nite keeps spreading out the bid/ask.. hard to say but i still like the chart
nite has controlled the trading yesterday and so far today.. imo doing all he can to get shares.. when he is ready we move again :)
lol uptick from .002 to .0023
Anything is possible.. just strange trading.. but if they are going to dump shares it would make sense to pump first... this has set stagnant for so long without dilution im not sure why they would start now. News coming maybe?
11 million in volume out of nowhere.. not sure what happened but i like it so far :)
.0003 print
If you have doubts its best to sell.. I'm holding
x2 .0012 2x .0013 vol 205k
trickle of vol so far today
its nice to see a bidder @.0001 again
lev2 looking good 3x .0012 1x .0013