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SIVC: It still does not say how much is the break up of this client's merger though.
SIVC: Where does it that in the PR ?
SIVC (.0023) Announces Identification of Shell Company for Redwood Capital Reverse Merger Client Dalian Chuming
Aug 27, 2007 9:15:00 AM
DANVILLE, CA -- (MARKET WIRE) -- 08/27/07 -- S3 Investment Company, Inc. (PINKSHEETS: SIVC), a holding company with two subsidiaries doing business in the China market, today announced that a U.S. public shell company for the reverse merger of Dalian Chuming Group Co., LTD., a client of S3's Redwood Capital subsidiary, has been identified. Redwood Capital and its representatives are completing the negotiation of terms and due diligence necessary to complete the acquisition of the shell candidate.
Redwood Capital provides an array of services to private Chinese companies and utilizes its extensive network of investment banking relationships to facilitate the client's listing on a U.S. public market through a reverse merger process. Included in Redwood Capital's services is to assist with the identification and acquisition of a shell company that will provide the U.S. public vehicle for the reverse merger transaction.
Dalian Chuming Group Co., LTD, www.chuminggroup.com, is a major producer and exporter of fresh and frozen pork and other cooked meat products. The Chuming Group is among a select group of industrialized farming corporations in northeastern China and is known for its international quality management standards and international safety certifications. In late 2006, the company officially opened a $2.9 million feedmill with a capacity of 200,000 tons per year that will support its expansion of pork production. The pursuit of a U.S. public listing is expected to allow the Chuming Group to expand into additional worldwide markets.
Previously, S3 announced that Samuel H. Wong & Co. LLP, a leading certified public accounting firm with offices in the United States and Asia, had completed the audit work required for Dalian Chuming Group's entrance into the U.S. capital markets.
"We are pleased to have identified a shell candidate for the reverse merger of Dalian Chuming Group into a U.S. public company," stated S3 chairman and chief executive officer Jim Bickel. "We believe that this company would be an ideal candidate for Dalian Chuming Group, and we look forward to completing the work remaining to acquire this shell."
To sign up to receive information by email directly from S3 Investment Company when new press releases, investor newsletters, SEC filings or other information is disclosed, please visit http://www.s3investments.com/investors/.
About S3 Investment Company
S3 Investment Company, Inc. (http://www.s3investments.com) is a holding company with two subsidiaries doing business in the China market. S3 holds a 100% equity interest in Redwood Capital (http://www.redwoodcapinc.com), which assists private Chinese companies in accessing U.S. capital markets by utilizing a network of investment banking relationships to achieve reverse merger transactions, and a 51% equity interest in SINO UJE (http://www.sinouje.com), a non-stocking distributor of medical and industrial high-tech products to markets throughout China.
Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. S3 Investment Company, Inc. undertakes no obligation to update any such statements to reflect actual events.
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SIVC:Where does it say 2-3 mill from the merger. It is Dalian who is producing 2.9 million now. Nothing is known about the other company. Remember it is a shell as per PR. So i highly doubt it is anything in millions
SIVC-People is getting confused I think. subsidary is looking to Merge with another company. Not the other way.
CLBE NEWS--.02-UT-5%--makes deal with 600 mil dollar mkt cap AMEX company, BLT
sure. will do
said right MLR. needs more aggressive move from company to push this pps. it should be way more than current level. iam doing more DD so far and found that stone mountain view is good and the area is posh
IFSL(.0002) 150 million deal announced. Buys Pouring
You did not answer my question - whats the news on this one ?
Whats up with SRSR...MOMO play?
Looks like My 6 million stays put for sometime LOL!!!
*** World-Nuclear-Association-Uranium-Needs-2007 ***
Some RSDS + Uranium stuff - scribbles--***LOOK INSIDE***
Mr. Berman began his career in 1976 in the medical device manufacturing industry and over seventeen years specialized in marketing, finance, reimbursement cycle management, regulatory and compliance. Rick organized, chartered and became the Chairman of the Board and subsequently sold Galleria Bancshares, Overland Park, KS. During the next twelve years Rick specialized in finance while being associated with Premier Air Parts, KPMG, LLP and Methodist Retirement Communities. In 2004 he successfully received, clearance from NASD for quotation of a security and has advised other public companies regarding regulatory compliance. Mr. Berman now serves as the President and CEO of Russell Industries (see www.russind.com) with holdings that include over 100 Uranium claims in Utah.
http://www.eworldwire.com/pressreleases/16278
http://www.sys-con.com/read/206692.htm
http://biz.yahoo.com/bw/070524/20070524005464.html?.v=1
http://paguntaka.org/2007/01/18/russell-industries-announces-joint-venture/
http://news.moneycentral.msn.com/printarticle.aspx?feed=BW&date=20061025&id=6137411
http://www.sys-con.com/read/226066.htm
The list below shows 2005 statistics for the top ten raw uranium-mining countries.
Canada ... 11,628 tonnes U (28% of world's total uranium production)
Australia ... 9,519 (22.9%)
Kazakhstan ... 4,357 (10.5%)
Russia ... 3,431 (8.2%)
Namibia ... 3,147 (7.6%)
Niger ... 3,093 (7.4%)
Uzbekistan ... 2,300 (5.5%)
United States ... 1,039 (2.5%)
Ukraine ... 800 (1.9%)
China ... 750 (1.8%)
Mines from Canada and Australia account for over half of the world's uranium production. The top ten countries above generate over 96% of world uranium mining output.
http://www.uranium.info/
==========some DD from a websote - START ======
Russell Industries is a uranium exploration pink sheet sub penny stock that I have been watching for quite some time. I have never traded it but I do like to keep an eye on it simply because the uranium sector is arguably one of the hotest resource sectors out of all of them. This stock has a very large total oustanding share count, somewhere north of 1 billion shares, but I never said I was a fundamental trader either. Even with such a large total outstanding share count and equally large float, it is still possible to get a nice move out of RSDS if the demand is there. And if you have not guessed by now, I like to trade and identify stocks, (all stocks actually) based on their technical condition.
I would say I rely on technicals for about 90 to 95 percent of my decision making. The other 5 to 10 percent is based on fundamental factors which could include things such as float, company specific develoments or stated goals, high visibility factors coming into play, and internet chatter. Sometimes there is a clue out there that cannot be ignored.
But anyway, back to the technicals. As you can see in the first chart or RSDS above here, the price is displayed for about 6 months. Clearly this is a bottom feeder type situation here. Russell Industries fell from a high of .03 and plunged down to a low of .0006 well into sub penny range. Then the stock had a short reaction rally in mid February which was eventually watered down to the .001 range within about 2 months. But the story here is the fact that at least so far Russell Industries has maintained a flat bottoming formation covering about a four month period. I like to see flat price formations on stocks because it tells me that the odds favor that the stock has bottomed out.
In the first chart above on the areas that I label 1, 2, and 3 , in each of those you can see that there was a volume surge. Both 1 and 2 also saw some decent price movement coupled with the volume surge. Now at 3 we are also getting a volume surge but only a very modest move in price. Price tends to follow volume so I do suspect that we will see a larger price move to couple with this recent volume surge. I like to see big volume spikes occuring within a flat base on a stock, it shows me accumulation. It doesn’t guarantee it, but at least it is a hint to me.
Interestingly right now as I write this post the activity level in RSDS is quite high. It is 10:42 am and we seem to have close to 100 million shares already traded and it is not even 11 am yet. I would like to see north of 300 million shares in volume today, but we will have to see.
I mentioned I like to follow technicals mostly. Well, this is true. But there is always the 5 to 10% exception. RSDS Russell Industries is particularly unique because they are in the uranium exploration sector. Jim Dines over at The Dines Letter was the first person to identify the uranium energy and price boom and I believe he has stated that the uranium price and uranium mining stock boom will be, and I quote, “bigger than the internet”. I believe him for the simple reason that we are in a scramble for new sources of energy. Look at the uranium price chart to the left. The price is clearly in an uptrend and a powerful one at that, and from the chart it appears that the price of uranium will approach parabolic phase sooner rather than later. Since December of last year the price has already doubled again, simply amazing. I do not know how high the price of uranium will go, but anything is certainly possible. Afterall, the gold price went from 35 to 800 in the 1970’s. Why can’t the price of uranium go from 20 to 800 too ? If there is enough demand and less and less supply it probably will.
Of course there is no exact correlation between the price of uranium and RSDS. What I have seen over the years with regard to the most speculative stocks in a particular resource sector is that the prices of the cheapest stocks move last. I have seen it time and time again and a lot of times it is a signal that a major leg of that particular commodity is over for a while. So it could very well be that RSDS will have a huge move just as the price of uranium is hitting a major intermediate term peak. Are we there right now? I don’t know. But clearly looking at the price chart of RSDS something is up.
This last chart displayed to the left is a chart of Russell Industries plotted against the MACD histrogram line. The histogram is fast approacing an uptick above the zero line which is a very bullish sign and probably a signal that high volatility is coming up soon. It is still early in the week, but it could very well be RSDS is setting up for a big breakout move either this week or next. That is what the chart is telling me right now. But as always, we shall see how it goes.
The most important hurdle that RSDS stock has to overcome is the .0023 level. First obviously it has to get there, but if it does then there is significant resistance there and I would expect some type of reaction at that level. But if it does break through that area then the weather is looking quite clear above that level and price has the potential to move quite swiftly.
=========DD end=================
Mining Uranium out of the earth is a daunting task. Its a long roooaaaadddd ahead.
completely agree. looks like it with rsds. i hope flippies get this away after .0012 @ bid first for sometime lol
Hope RSDS gives some sugar next week ;)
Carmen Elektra ? kool
Sorry. New to this. Can somebody explain pls ? TIA
i agree. got it @ .001 and then tried again @ ask. Accumulated a decent # now.
as long as i dont see .001 @ bid, i will keep my 4mill buy open @ .001
I cannot buy my 4million @ .001 either :)
filled me 200k out of 4.2mill buy LOL
trying now without AON
trying AON 4.2mill buy. Lets see if they fill me.
:) LOL
filled 3.2 mill @ .001
thats great. gl
I see RBCM already in ASK @ .0011-Hmmm-Not-good-imo
Just a crzy thought. What if SBMI got bought crzy with more news of some buyout like HMIT and we go to .25 - half of HMIT current price? that would be awesome :)
Posted by: gavinz1970
In reply to: Bashersmasher who wrote msg# 934 Date:5/20/2007 3:21:23 PM
Post #of 1126
Consolidated Mining, on their website, gives first year earnings estimates of $2,586,100 for projected operations from the Fifa Land Prospecting Permit and $5,214,903 from the Tinkisso River Dredging Permit, totaling $7,801,003. However this was using a gold price of $550 per ounce. Given todays gold price of $660.60, we get total first year revenue projections of 415050 g = 13344.167 troy ounces = $8,815,156.96, which /705 mil O/S = 0.0125 EPS.
Posted by: coolnwo
In reply to: None Date:6/1/2007 1:08:01 PM
Post #of 1007050
SBMI-Talked to broker Ask has only 2 mill left.
SBMI - hearing MMs have 2 mill left @ ask to fill buys.
SBMI Vs HMIT - Check this comparison
HMIT
Authorized Shares: 230,000,000
Annual High: 1.6880
Annual Low: 0.18
Current PPS : .53
SBMI
Authorized Shares: 900,000,000
Annual High: 6.00
Annual Low: 0.00050
Current PPS : .0008
Potential to make $5,000,000 per news below
900,000,000/$5,000,000=.0055 worth
Current NEWS linking HMIT and SBMI !
===================================
Siguiri Basin Mining, Inc. (PINKSHEETS: SBMI): CEO of Consolidated Mining and Minerals Has Meeting With Hidalgo Mining International
12:00 p.m. 06/01/2007 Provided By Market Wire
CORAL GABLES, FL, Jun 01, 2007 (MARKET WIRE via COMTEX) -- Siguiri Basin Mining, Inc. (PINKSHEETS: SBMI) -- Mark D. Klok, Chief Executive Officer of Consolidated Mining and Minerals Inc., Joint Venture Partner of SBMI, www.consolidatedmining.com, has arrived in New York City to discuss negotiating a business relationship between SBMI, CMM and Hidalgo Mining International, an innovative coal mining company headquartered in New York with coal properties located in Northern Mexico. These discussions are still in the early phases of negotiation but discussions regarding a strategic alliance with SBMI have been received favorably by both sides because of SBMI's short-term cash flow potential. Hidalgo International's mining plan calls for a $3,000,000 working capital need to begin its production to start generating revenue, while SBMI's phase II operation will be using less than $500,000 and achieve a potential net revenue above $5,000,000. Based upon the initial analysis of the smaller capital needs to generate a larger shared asset base, Hidalgo has approached CMM and SBMI with these negotiations as they see the value of coming together. Mr. Klok has been quoted as saying, "We have a window of opportunity to join forces and leverage each other's assets to reach a common goal." Although many structures are currently being reviewed, a final understanding still remains to be reached. The Company states that, "There is a major value add play on the table and careful examination is needed before CMM and SBMI moves forward." Throughout the next week Mr. Klok and several groups of major Investment Banks in New York are meeting to determine CMM's next move and the final structure of this proposed business relationship.
Siguiri Basin Mining, Inc. (PINKSHEETS: SBMI) is a mineral exploration and development company focused on achieving producer status. The Company's targets are precious metal properties in stable countries within opportunity rich West Africa, Central and South America with near term production capabilities. www.sbmining.com
The Private Securities Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in written statements to be made) contain statements that are forward looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statement.
For further information contact Rich Kaiser YES International 1-800-631-8127 001-757-306-6090 (outside North America) Email: yes@yesinternational.com
mailto:yes@yesinternational.com
Copyright 2007 Market Wire, All rights reserved.
Content Provided by Third Parties
The content on this page is provided by third parties and not Fidelity. Fidelity did not prepare and does not endorse such content. Delayed quotes are delayed at least 20 minutes. Historical prices provided by Reuters. Earnings estimates provided by Thomson Financial. Fundamental data provided by Standard & Poor's Compustat®. Proprietary ratings and ratings information are provided by third parties that are not affiliated with Fidelity. More About Third Party Content.
© Copyright 1998-2007 FMR Corp.
SBMI Vs HMIT - Check this comparison
HMIT
Authorized Shares: 230,000,000
Annual High: 1.6880
Annual Low: 0.18
Current PPS : .53
SBMI
Authorized Shares: 900,000,000
Annual High: 6.00
Annual Low: 0.00050
Current PPS : .0008
Potential to make $5,000,000 per news below
900,000,000/$5,000,000=.0055 worth
Current NEWS linking HMIT and SBMI !
===================================
Siguiri Basin Mining, Inc. (PINKSHEETS: SBMI): CEO of Consolidated Mining and Minerals Has Meeting With Hidalgo Mining International
12:00 p.m. 06/01/2007 Provided By Market Wire
CORAL GABLES, FL, Jun 01, 2007 (MARKET WIRE via COMTEX) -- Siguiri Basin Mining, Inc. (PINKSHEETS: SBMI) -- Mark D. Klok, Chief Executive Officer of Consolidated Mining and Minerals Inc., Joint Venture Partner of SBMI, www.consolidatedmining.com, has arrived in New York City to discuss negotiating a business relationship between SBMI, CMM and Hidalgo Mining International, an innovative coal mining company headquartered in New York with coal properties located in Northern Mexico. These discussions are still in the early phases of negotiation but discussions regarding a strategic alliance with SBMI have been received favorably by both sides because of SBMI's short-term cash flow potential. Hidalgo International's mining plan calls for a $3,000,000 working capital need to begin its production to start generating revenue, while SBMI's phase II operation will be using less than $500,000 and achieve a potential net revenue above $5,000,000. Based upon the initial analysis of the smaller capital needs to generate a larger shared asset base, Hidalgo has approached CMM and SBMI with these negotiations as they see the value of coming together. Mr. Klok has been quoted as saying, "We have a window of opportunity to join forces and leverage each other's assets to reach a common goal." Although many structures are currently being reviewed, a final understanding still remains to be reached. The Company states that, "There is a major value add play on the table and careful examination is needed before CMM and SBMI moves forward." Throughout the next week Mr. Klok and several groups of major Investment Banks in New York are meeting to determine CMM's next move and the final structure of this proposed business relationship.
Siguiri Basin Mining, Inc. (PINKSHEETS: SBMI) is a mineral exploration and development company focused on achieving producer status. The Company's targets are precious metal properties in stable countries within opportunity rich West Africa, Central and South America with near term production capabilities. www.sbmining.com
The Private Securities Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in written statements to be made) contain statements that are forward looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statement.
For further information contact Rich Kaiser YES International 1-800-631-8127 001-757-306-6090 (outside North America) Email: yes@yesinternational.com
mailto:yes@yesinternational.com
Copyright 2007 Market Wire, All rights reserved.
Content Provided by Third Parties
The content on this page is provided by third parties and not Fidelity. Fidelity did not prepare and does not endorse such content. Delayed quotes are delayed at least 20 minutes. Historical prices provided by Reuters. Earnings estimates provided by Thomson Financial. Fundamental data provided by Standard & Poor's Compustat®. Proprietary ratings and ratings information are provided by third parties that are not affiliated with Fidelity. More About Third Party Content.
© Copyright 1998-2007 FMR Corp.
SBMI(.0008) News-HMIT Money coming onto SBMI.
SBMI-News-Linkwith-HMIT-BigBuys coming in
any news today ?
Ready to get more.
O/S Update - RSDS!!! Checkout Latest ShareStructure !!!
Posted by: JoChef
In reply to: $treet Trader who wrote msg# 73585 Date:5/29/2007 10:34:18 AM
Post #of 73597
.<font color=red> O/S Update - RSDS
I just called the transfer agent and spoke to a woman named May. She gave me the most current O/S and A/S, as of 5/21/2007:
O/S => 1,429,525,996
A/S => 2,000,000,000
--------------------------------------------------------------
Transfer Agent:
Nevada Agency & Trust Co.
50 W. Liberty St, Suite 880
Reno, Nv. 89501
Transfer Agent Mgr.
Mary J. Ramsey
tele (775)322-0626
fax: (775)322-5623
e-mail info@natco.org
http://www.natco.org