Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
ECPN Makes Preparations to Sell the El Capitan Property
ECPN Makes Preparations to Sell the El Capitan Property
Sep. 8, 2010 (Business Wire) -- El Capitan Precious Metals, Inc. (OTCBB:ECPN) has sent the following letter to shareholders:
Dear Shareholders,
The purpose of this letter is to give our shareholders an update on our progress toward selling the El Capitan property to a major mining company. The Company, through its private placement offering of $1.5 million, has raised the funds to complete the necessary steps in completing the development of the recovery processes and assay procedures in order to be in a position to effect a sale.
The remaining two goals of management have been to complete the development of the recovery processes for the complex ore at El Capitan and to determine the cost of those processes. We are very close to completion of these tasks. At that point the Company will forward the information to an investment bank who will be responsible for marketing our property.
This past March the Company contracted with Planet Resource Recovery, Inc. to have them build a plant to recover precious metals from concentrates made from the El Capitan head ore. The concentrates were shipped to them several months ago. We expect notification from them as to the timing of commencing their production.
On May 12, 2010, we reported that Planet ran 110 assays which showed an average of 0.355 of gold equivalent. In addition, the Company’s own assay work done on the El Capitan concentrates has consistently shown very high results. The concentrates sent to Planet are approximately a 10-to-1 ratio. Therefore, based on Planet’s previous assays, we would expect the recovery from the concentrates to show approximately 10 times the values of the head ore which computes to somewhere in the range of 3.5 ounces of gold equivalent per ton.
Six months ago the Company started another project using experienced chemists and metallurgists to work on developing the recovery process and assays. That team now consists of seven professionals. The team has recovered good values by obtaining “metal in hand” which indicates the El Capitan ore to be of commercial grade. Meanwhile they continue to improve on the processes which show increasing values. We expect to announce those results in the next few weeks.
The research team has developed four different recovery processes and they are finalizing the most productive and the most cost-efficient process. When that is completed they will start assaying the 230 representative samples from ECPN’s original drilling program.
To summarize, as soon as the Company has completed the development of the recovery processes and assay procedures, along with determining the associated costs, we will be in a position to go forward with the sale of the El Capitan Property.
Sincerely,
Chuck Mottley
President/CEO
About El Capitan Precious Metals, Inc. El Capitan Precious Metals, Inc. is completing a merger which will provide the Company with 100% interest in the El Capitan property located near Capitan, New Mexico, as well as a joint venture and 20% ownership of 13 mining claims and other assets known as the C.O.D. mine located near Kingman, Arizona...The statements included in this press release concerning predictions of economic performance and management’s plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the results of metallurgical testing, interpretation of drill results, the geology, grade and continuity of mineral deposits, results of initial feasibility, pre-feasibility and feasibility studies and the possibility that future exploration, development or mining results will not be consistent with past results and/or the Company’s expectations, discrepancies between different types of testing methods, some or all of which may not be industry standard, the ability to mine precious and other minerals on a cost-effective basis, the Company’s ability to successfully complete contracts for the sale of its iron ore and other products; fluctuations in world market prices for the Company’s products; the Company’s ability to obtain or maintain regulatory approvals; the Company’s ability to obtain financing for the commencement of mining activities on satisfactory terms; the Company’s ability to obtain necessary financing; the Company’s ability to enter into and meet all the conditions to close contracts to sell its mining properties that it chooses to list for sale, and other risks and uncertainties described in the Company’s filings from time to time with the Securities and Exchange Commission. The Company disclaims any obligation to update its forward-looking statements.
Equiti.trend
Brian Barnes
Verry,verry got for CAAH!?
OT:Banks back switch to China renminbi for trade.
http://www.ft.com/cms/s/0/182a2b70-b130-11df-b899-00144feabdc0.html
Banks back switch to renminbi for trade
By Robert Cookson in Hong Kong
Published: August 26 2010 17:55 | Last updated: August 26 2010 17:55
A number of the world’s biggest banks have launched international roadshows promoting the use of the renminbi to corporate customers instead of the dollar for trade deals with China........
I think we have a got future with China America Holdings Inc. (CAAH)
Capten
CAAH is in a big fokus
http://www.otcmarkets.com/stock/CAAH/news
Aug 17, 2010 China America Holdings Reports Financial Results for the Third Quarter and First Nine Months of Fiscal 2010 Ended June 30, 2010
Aug 17, 2010 FastMoneyTalk.com: Small Cap Company News Alerts: Mariner's Choice International, Inc. & China America Holdings, Inc.
Aug 17, 2010 ShamrockStocks.com: Lucky Picks of The Day: (OTCBB:CAAH)- (OTCBB:BSRC)- (OTCBB:PCPZ)
Aug 17, 2010 Stock in Focus: China America Holdings -- August 17, 2010
Aug 17, 2010 Stock Market Alerts LLC.: Stock to Watch: China America Holdings -- August 17, 2010
Aug 17, 2010 Stock Market Alerts LLC.: Breaking News Alert: China America Holdings -- August 17, 2010
Aug 17, 2010 Stock Market Alerts LLC.: Stock to Watch: China America Holdings -- August 17, 2010
Aug 17, 2010 Trade Alert: China America Holdings -- August 17, 2010
Aug 17, 2010 China America Holdings Reports Financial Results for the Third Quarter and First Nine Months of Fiscal 2010 Ended June 30, 2010
Capten
The point is HandHeld explosive detection device prototype
www.encyclopedia.com/doc/1G1-157085519.html
FORT LAUDERDALE, Fla. -- Sense Holdings, Inc. (OTCBB:SEHO), a developer of next-generation biometric and explosive detection security technologies for government and commercial security markets, today announced its plans to distribute rights for its explosive detection project with Oakridge National Laboratory and related technologies to its current shareholders. The company plans to announce an ex-dividend date in the near future. Sense Holdings, Inc. has formed a new subsidiary, Explosive Sensing Systems, Inc., to hold the rights for the technologies. All shareholders of Sense …"today China America Holdings Inc."
Prtotype: viewer.zoho.com/docs/qdcadn
"I think the production will start in the near future"
"I think Caah invested in "Explosive Sensing Systems, Inc."
"I think we get shares of "Explosive Sensing Systems, Inc."
"The CEO buys 10 Million Shares 2009, and they can only sell 2014"
Capten
Ps. I think we have a very very got time in the next 2-3 jears
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7109057
And that is a new,but long in the works,the explosive hand detector
Organization
China America Holding, Inc. (“we,” “us,” or “ours,”) is a Florida corporation formed on July 13, 1998. Prior to June 27, 2007, our core business was the design, development, manufacture and selling of fingerprint-based identification products and systems that incorporate state-of-the-art biometric technology to verify a person's identity. We had also licensed certain patented technology designed to detect chemical vapors and unexploded ordnance including bombs, grenades, shells, rockets, and other explosive devices.
A old news
Multibillion Dollar Homeland Security Market Spurs Innovation
SmallCap Sentinel: Multibillion Dollar Homeland Security Market Spurs Innovation
IRVINE, Calif., April 20, 2006 (PRIMEZONE) -- "With the Homeland Security and Defense market expanding broadly, American ingenuity and capitalism have risen to the occasion as a profit-driven panacea to battle our enemies," stated SmallCap Sentinel analyst D.R. Clark. "Some of the innovation heading to this sector is incredible- and desperately needed."
"For example, Sense Holdings, Inc. (OTCBB:SEHO) just announced the completion of a first-generation MEMS-based explosives detection demonstrator, with cutting-edge technology that could provide airports, homeland security agencies, corporate America and other customers with superior explosive detection capabilities at a fraction of current costs," Clark added. "With recent terror-bombings splashed across this week's headlines, this handheld device debuts at a tragically perfect time."
Sense Holdings Announces Plans to Distribute Certain Technology Rights to Current Shareholders through Creation of New Subsidiar
Sense Holdings (BB) (OTCBB:SEHO)
Historical Stock Chart
5 Years : August 2005 to August 2010
Click Here for more Sense Holdings (BB) Charts.
Sense Holdings, Inc. (OTCBB:SEHO), a developer of next-generation biometric and explosive detection security technologies for government and commercial security markets, today announced its plans to distribute rights for its explosive detection project with Oakridge National Laboratory and related technologies to its current shareholders. The company plans to announce an ex-dividend date in the near future. Sense Holdings, Inc. has formed a new subsidiary, Explosive Sensing Systems, Inc., to hold the rights for the technologies. All shareholders of Sense Holdings on the ex-dividend date will receive full rights of the technologies on a pro-rata basis. As disclosed in an 8K filing by the company on December 22, 2006, Sense Holdings has entered into a Memorandum of Understanding with Jinyang Coke Group Corp to acquire 60% of Jinyang Energy Group. Sense Holdings has also formed a wholly owned subsidiary, China Energy Group, to be a new division for any potential acquisitions in China. Jinyang Energy Group generated approximately $40 million in annual revenues in 2006 with approximately 10% net profit margin on an un-audited basis. Management intends to conduct a rigorous due diligence process, including full auditing for this acquisition candidate. Upon completion of satisfactory due diligence, Sense Holding intends to enter into a definitive agreement. Dore Perler, CEO and President of Sense Holdings, Inc. stated, ?We are very pleased with the progress that has been made in transitioning the company for the future. As our goal in this effort is to bring value to our shareholders, management believes that the steps being taken now will position the company and its shareholders to benefit from our previous investments in technology as well as the future acquisition plans with Jinyang Energy Group.? About Sense Holdings, Inc. Sense Holdings is a developer of next-generation biometric identification systems, and nanotechnology-based micro-sensor technologies for government, military and commercial security marketplaces. The Company's wholly owned subsidiary, Sense Technologies, deploys proprietary biometric technology based on advanced fingerprint technology and biometric integration to create a range of solutions for prisoner identification, time and attendance, access control applications and other markets. Sense's major customers include the U.S. Army, the U.S. Department of Corrections, American Airlines and others. A second wholly owned subsidiary, MSTI, is an emerging nanotechnology-based explosives detection technology development division developing a pipeline of advanced bomb detection technologies, including a prototype handheld explosive detection wand device for homeland security applications in airports and other security checkpoints. This handheld detection alternative is designed to be a cost-effective solution with extremely high detection sensitivity and real-time operability. Currently, a proof-of-principle prototype is undergoing further research and development at the U.S. Oak Ridge National Laboratory. Fore more information about Sense Holdings, please visit http://www.Senseme.com. Cautionary Statement This presentation includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, the ability of the Company to develop effective new products and receive governmental approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's filings with the U.S. Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
http://ih.advfn.com/p.php?pid=nmona&cb=1178044164&article=18702679&symbol=NB^SEHO
Capten
Got morning big news
China America Holdings Sees Refrigerant Exports Surging in Fiscal 2010 With Direct Export Sales in First Nine Months Already Up Over 204% From the Full Year of 2009
China America Holdings Sees Refrigerant Exports Surging in Fiscal 2010 With Direct Export Sales in First Nine Months Already Up Over 204% From the Full Year of 2009
Sees Positive Export Trends Continuing Throughout 2010 and Into 2011 as Direct Sales Efforts Improve Performance
SHANGHAI, CHINA, Aug. 12, 2010 (Marketwire) --
SHANGHAI, CHINA -- (Marketwire) -- 08/12/10 -- China America Holdings, Inc. (OTCBB: CAAH), a holding company operating in China that owns 56% of China based subsidiary Shanghai Aohong Chemical Co., Ltd., announced today that the Company sees refrigerant exports surging in 2010. The company has recorded direct export refrigerant sales of approximately $2.7 million in the first 9 months of fiscal 2010, a 204% from the $900,000 in export sales recorded in the full year of 2009. Overall exports for the first nine months fiscal 2010 resulted in revenue of $8.3 million as compared to $4.2 million in the same period in 2009. China America anticipates it will report full results for the third quarter and first 9 months of fiscal 2010 on August 16, 2010.
China America Holdings began to shift its sales focus toward direct international marketing and away from third party trading companies beginning in 2009. Over that time the company has made substantial marketing progress resulting in this dramatic increase in export sales performance so far in 2010 with management expecting this positive sales momentum to continue into 2011. Export product sales have now reached Europe, South Africa, Australia, and Southeastern Asia.
Commenting on the increase in exports, Mr. Aihua Hu, CEO of Shanghai Aohong Chemical Co., Ltd., stated, "We are thrilled to have achieved such a significant increase in export sales in the first half of 2010. We believe that our continued efforts in international sales and marketing will lead to continued sales growth as we gain global market share. We believe that adding a strong international revenue stream to our growing domestic operations will enable us to achieve sustainable sales growth for the coming years for our shareholders."
Capten
Got morning
Today news!?
8-K from 07.23.2010 "The transaction is expected to close on or before August 31, 2010."
I think after the market closd, and next week party.....
Capten
Yes,i think two routes, the same scam system,or all is a part of the plan
Capten
It is a conjecture of mine
WILLIAM HASELTINE, Jeffrey Turino are involved in GBDX&SGGM
Global Diamond Exchange, Inc.
http://www.sec.gov/Archives/edgar/data/1380222/000119312507049505/dsctoc.htm
(Name of Subject Company (issuer))
Alex Cherebkov, President of Issuer
(Names of Filing Person)
Common stock
(Title of Class of Securities)
378977102
(CUSIP Number of Class of Securities)
William Haseltine, Attorney at Law
Burk & Reedy
1818 N St., N.W., Suite 400
Washington, D.C. 20036
(202) 204 5003
(Name, address, and telephone numbers of person authorized
to receive notices and communications on behalf of filing persons)
capten
Ps.I have GBDX
Got morning
The evidence speaks for itself!?
US v. John Edwards et al (CMKM)
http://www.justice.gov/usao/nv/victim_witness/case_updates.html
Defendants: John Edwards, Jeffrey Turino, Urban Casavant, Nickolaj Vissokovsky, Melissa Spooner, Helen Bagley, Jeffrey Mitchell, Brian Dvorak, Ginger Gutierrez, James Kinney
Scheduled Court Hearings
ORDER GRANTING CONTINUANCE OF TRIAL DATE
http://www.justice.gov/usao/nv/victim_witness/cmkm/order%20granting%20continuance%20of%20trial%20date.pdf
Status Hearing - Feb. 2, 2011 @ 8:45
Trial Date - Feb. 7, 2011 @ 8:30
CMKM Diamond inc, http://www.cmkmdiamondsinc.com/
CMKM Diamonds, Inc. Announces New Joint Venture
July 03, 2009
http://www.cmkmdiamondsinc.com/news_index.html
CMKM Diamonds, Inc. announces the completion of an agreement with 101047025 Saskatchewan Ltd. (“1010”). This agreement is part of an overall settlement of a lawsuit brought by Entourage Mining Ltd. (“Entourage”) against both CMKM and 1010 under Action No. 5075800 in the Supreme Court of British Columbia (the “Entourage Lawsuit”). As a term of the overall settlement, Entourage will consent to a dismissal of the Entourage Lawsuit against both CMKM and 1010, as if it had been heard on its merits and dismissed.
Under the overall settlement of the Entourage Lawsuit, 1010, CMKM, and Entourage agreed to cancel and terminate the previous agreement between CMKM, 1010, and Entourage that was dated October 20, 2005 (the “2005 Agreement”), with respect to certain mineral claims in Saskatchewan that are owned by 1010. In consideration of that dismissal, CMKM will return to Entourage 3 million of the 4.5 million Entourage shares that it acquired under the original agreement, and Entourage has given up all claims or rights to the remaining mineral claims, all of which are owned by 1010. CMKM also returned the remaining 1.5 million shares back to Entourage for a payment from Entourage of $85,000.
Under their new agreement, CMKM and 1010 will form a new company (“New Corp.”) to explore the remaining mineral claims that were the subject matter of the 2005 Agreement. These remaining claims have produced core samples that were drilled by 1010 in late 2005 and early 2006 and have yet to be tested. The New Corp will, in turn, form a joint venture with 1010 to explore and develop the remaining mineral claims. 1010 will be the sole Operator of the new joint venture and will continue to be the sole owner of the remaining mineral claims. However, the New Corp. will have the right to acquire those remaining claims owned by 1010 by incurring expenditures for exploration, drilling and development on the claims in a cumulative amount that will be no less than four million dollars during the first five years. CMKM is solely responsible for raising no less than 80% of these funds for the New Corp. and 1010 is solely responsible for raising no less than the remaining 20% of these funds for the New Corp.
1010 will hold total voting control of the New Corp. The authorized capital of the New Corp will consist of Class A voting common shares, without any right to dividends or capital, except that the said Class A common shares will, on a winding up or dissolution, be entitled to repayment of capital paid therefore, and Class B non-voting common shares, with rights to payment of dividends and capital. Eighty million Class B common shares will be allotted and issued to CMKM. Twenty million Class B common shares and ten thousand Class A common shares will be allotted and issued to 1010. CMKM will thus be entitled to 80% of profits earned by the New Corp.
CMKM Diamonds CEO Mark Faulk stated “This joint venture agreement is another step in our ongoing efforts to return viable assets to CMKM Diamonds. Rights to the remaining claims were retained because they showed the greatest potential for diamonds. Many shareholders originally invested in CMKM because of this potential, and we believe it is in the best interest of Company and its shareholders to pursue this opportunity to benefit from any real value in the remaining claims. The New Corp intends to begin testing on existing core samples from the remaining claims in the very near future.”
Capten
Got morning
On July 19, 2010 China America Holding, Inc.’s ("we”, "us” or “our”) wholly owned subsidiary, Shanghai AoHong Chemical Co., Ltd., (“AoHong”), entered into an Equity Purchase Contract (the “Agreement”) with Guorong Chen (“Mr. Chen”) and Yuling Li (“Mr. Li”) to acquire their 100% ownership interests in Guangzhou Jianxin Enterprise Co., Ltd. (“Guangzhou Jianxin”) for RMB 11,880,000 (approximately U.S. $1,752,212 in cash) (the “Purchase Price”).
Guangzhou Jianxin, is a Chinese company with registered capital of RMB 500,000 (approximately U.S. $73,746) that holds the land use rights for an 8.1 acre parcel of land located in Aotou, Conghua City, China (the “Aotou Property”). Aotou is located approximately 50 kilometers northwest of Guangzhou, China. AoHong plans to construct a refrigerant repackaging, mixing and distribution facility on the Aotou Property to expand its market for environmentally friendly refrigerants to a cluster of manufacturers and retailers of air conditioning systems, refrigerators, automobiles, coolants, pharmaceuticals and chemicals located in Guangdong province and neighboring areas of Southeastern China.
The approximately $1,752,212 purchase price for the 100% interest in Guangzhou Jianxin is payable $4,412 upon execution of the Agreement, $511,800 within three days of execution of the Agreement and $1,236,000 within three days after completion of the transfer of Messrs. Chen and Li’s ownership interest in Guangzhou Jianxin to AoHong. The Agreement also provides that Messrs. Chen and Li will enter into a contract with AoHong for the design and construction of the buildings on the Aotou Property. If Messrs. Chen and Li and AoHong are unable to agree on the terms or conditions of an agreement for this project, AoHong has the right to choose another service provider notwithstanding the objection of Messrs. Chen and Li. The transaction is expected to close on or before August 31, 2010. after this on go up the stock
The description of the terms and conditions of the Agreement contained in this Form 8-K is a summary of the material terms of the Agreement and does not purport to be complete.
Capten
Sorry,but i think more and more,GBDX is a part of the CMKX game
Is GBDX the "NewCorp"!?
Capten
Yes and that is the best part
Commenting on the Guangzhou expansion plan, Mr. Aihua Hu, CEO of Shanghai Aohong Chemical Co., Ltd., stated, "We are very excited to begin our expansion plan into Guangdong Province. Guangzhou and its neighboring area is an ideal area for us as this region boasts the largest cluster of manufacturers of refrigerators, air-conditioning and automobiles in China. We are confident that as the Chinese government pushes for the use of environmentally friendly refrigerants in appliance and automobile manufacturing, our facility will be perfectly positioned in close proximity to these manufacturers enabling us to rapidly gain market share in southeast China. We have built a solid reputation in China as reliable supplier of environmentally friendly products and should we be successful, this expansion is another step forward toward reaching our goal of being the market leader in this industry."
Capten
Got morning
Big news in the line!? I think yes, the investors have collected enough,after the last bad news, before the good news comes in the next time.....yes an old stock game
Capten
Got Morning
AQfter this we know more
US v. John Edwards et al (CMKM)
http://www.justice.gov/usao/nv/victim_witness/case_updates.html
Defendants: John Edwards, Jeffrey Turino, Urban Casavant, Nickolaj Vissokovsky, Melissa Spooner, Helen Bagley, Jeffrey Mitchell, Brian Dvorak, Ginger Gutierrez, James Kinney
Scheduled Court Hearings
ORDER GRANTING CONTINUANCE OF TRIAL DATE
http://www.justice.gov/usao/nv/victim_witness/cmkm/order%20granting%20continuance%20of%20trial%20date.pdf
Status Hearing - Feb. 2, 2011 @ 8:45
Trial Date - Feb. 7, 2011 @ 8:30
Capten
CAAH is a rare rough diamond and the next two years to polish it
A Pennystock dream,see and wait
capten
The MM´s collect,and I think a split coming in the next time
Got morning
FORM 10-Q
insert-text-here
A new websit is in work
Our web sites are www.chinaamericaholdings.com and www.china-aohong.com. The information which appears on our web sites is not part of this report.
capten
http://www.sec.gov/news/whatsnew/wn-today.shtml Click on the W Financial Group, LLC, et al (SEC v. W Financial Group, LLC, et al, Case 2:09-cr-00132-RLH-RJJ)
Capten
Breaking News Alert: China America Holdings - May 12, 2010
Wednesday, May 12, 2010 08:35ET
MIAMI, FL -- (Marketwire) -- 05/12/10 -- Stock Market Alert`s performance stock list includes: China America Holdings (OTCBB: CAAH), GE (NYSE: GE), Boeing (NYSE: BA) and Ford Motor Company (NYSE: F).
Yesterday after the markets closed China America Holdings (OTCBB: CAAH) issued a press release announcing that Market Advisors Research has issued a report on China America Holdings, Inc. with a speculative price target of $0.10 per share.
The report is being made available on the Market Advisors website http://www.marketadvisorsinc.com in response to numerous inquiries for additional information regarding the company from both current and prospective shareholders.
I think gbdx, cmkx and the others are part of a plan that evidence speaks for itself.
Turino, Haseltein and the paths of the companies, studied the RICO
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49858849
US v. John Edwards et al (CMKM)
Defendants: John Edwards, Jeffrey Turino, Urban Casavant, Nickolaj Vissokovsky, Melissa Spooner, Helen Bagley, Jeffrey Mitchell, Brian Dvorak, Ginger Gutierrez, James Kinney
Scheduled Court Hearings
ORDER GRANTING CONTINUANCE OF TRIAL DATE
Status Hearing - Feb. 2, 2011 @ 8:45
Trial Date - Feb. 7, 2011 @ 8:30
http://www.justice.gov/usao/nv/victim_witness/case_updates.html
Mr. Casavant charged with RICO
« Thread Started on May 6, 2010, 3:08pm » [Quote]
By: nufced
Date: Thursday, May 06, 2010 11:58:47 AM
In reply to: None Post # of 305162
Indictment UNsealed
2:09-cr-00132-RLH-RJJ USA v. Edwards et al
Date filed: 03/25/2009
Date of last filing: 05/06/2010
Main document63 - http://viewer.zoho.com/docs/qzwdc
2nd document 63-1 http://viewer.zoho.com/docs/lAPka
15:77, 15:78, 15:78 CONSPIRACY TO SELL UNREGISTERED SECURITIES, TO MAKE FALSE STATEMENTS TO SEC, TO DESIST FROM FILING PERIODIC REPORTS, AND TO COMMIT SECURITIES FRAUD
(1)
18:371 - Conspiracy to Sell Unregistered Securities, Make False Statements to SEC, Desist from Filing Periodic Reports, Commit Securities Fraud in violation of 15:77e 78ff 78m & 78j
(1s)
18:1962(d) - Conspiracy to Conduct or Participate in an Enterprise Engaged in a Pattern of Racketeering Activity
(1s)
http://1.1.1.2/bmi/i44.tinypic.com/2iacztv.jpg
15:78 SECURITIES FRAUD
(2)
15:78j(b) and 18:2 - Securities Fraud
(2s)
15:77e, 77q, 77x, 78m, 78j & 78ff - Conspiracy to Sell Unregistered Securities, to Make False Statements to SEC, to Evade Filing Periodic Reports, and to Commit Securities Fraud & Insider Trading
(2s)
18:1349 CONSPIRACY TO COMMIT SECURITIES FRAUD
(3)
18:1349 - Conspiracy to Commit Securities Fraud
(3s)
18:1349 - Conspiracy to Commit Securities Fraud
(3s)
18:1348 SECURITIES FRAUD
(4)
18:1348 - SECURITIES FRAUD
(4s)
15:77q and 77x - Fraudulent Interstate Securities Transaction
(4s)
18:1956 CONSPIRACY TO COMMIT MONEY LAUNDERING
(5)
15:78j and 78ff - Securities Fraud & Insider Trading
(5s)
18:1956-1957 Conspiracy to Commit Money Laundering
(5s)
26:7201 TAX EVASION
(6)
18:1348 - Securities Fraud
(6s)
26:7201 - Tax Evasion
(6s)
18:1957 - Conspiracy to Commit Money Laundering
(14s)
26:7201 - Tax Evasion
(15s)
******************************************************************
;D
RICO Penalties / Punishment
RICO Laws and Statutes
Imprisonment and heavy fines are often handed down for RICO violations. Specifically, the maximum punishment for an individual on a single RICO charge is imprisonment for twenty years (possibly life if any of the alleged crimes, such as murder, would permit such a punishment), and a fine of $250,000 or twice the proceeds of the offense.
Asset Forfeiture
In addition to decades in prison and hundreds of thousands of dollars in fines for RICO violations, you may also have to forfeit any property that was gained in through illegal means. Federal and state authorities are increasingly using asset forfeiture as a form of punishment, and this could mean your television, car, clothes and even your house could be taken away by the government.
Ujellis
RICO Charges against..- Urban, Edwards,Turino,Spooner and Vissokovsky.
9 shells CMKM,GBDX,SGGM,BCMS,UCAD,OMDA,GMSC,OOAG,EQBM
TRIAL DATE Febuary 2011
ty single
From Wikipedia, the free encyclopedia
Click link to read more......
http://en.wikipedia.org/wiki/Racketeer_Influenced_and_Corrupt_Organizations_Act
RICO--- Racketeer Influenced and Corrupt Organizations Act
Summary
Under RICO, a person who is a member of an enterprise that has committed any two of 35 crimes—27 federal crimes and 8 state crimes—within a 10-year period can be charged with racketeering. Those found guilty of racketeering can be fined up to $25,000 and sentenced to 20 years in prison per racketeering count. In addition, the racketeer must forfeit all ill-gotten gains and interest in any business gained through a pattern of "racketeering activity." RICO also permits a private individual harmed by the actions of such an enterprise to file a civil suit; if successful, the individual can collect treble damages.When the U.S. Attorney decides to indict someone under RICO, he or she has the option of seeking a pre-trial restraining order or injunction to temporarily seize a defendant's assets and prevent the transfer of potentially forfeitable property, as well as require the defendant to put up a performance bond. This provision was placed in the law because the owners of Mafia-related shell corporations often absconded with the assets. An injunction and/or performance bond ensures that there is something to seize in the event of a guilty verdict.
In many cases, the threat of a RICO indictment can force defendants to plead guilty to lesser charges, in part because the seizure of assets would make it difficult to pay a defense attorney. Despite its harsh provisions, a RICO-related charge is considered easy to prove in court, as it focuses on patterns of behavior as opposed to criminal acts.[4]
There is also a provision for private parties to sue. A "person damaged in his business or property" can sue one or more "racketeers." The plaintiff must prove the existence of a "criminal enterprise." The defendant(s) are not the enterprise; in other words, the defendant(s) and the enterprise are not one and the same. There must be one of four specified relationships between the defendant(s) and the enterprise. A civil RICO action, like many lawsuits based on federal law, can be filed in state or federal court.[5]
Both the federal and civil components allow for the recovery of treble damages (damages in triple the amount of actual/compensatory damages).
Although its primary intent was to deal with organized crime, Blakey said that Congress never intended it to merely apply to the Mob. He once told Time, "We don't want one set of rules for people whose collars are blue or whose names end in vowels, and another set for those whose collars are white and have Ivy League diplomas."[4]
The time before RICO was signed into law (October 15, 1970), was referred to as "The Golden Age" by those involved in organized crime. The term "The Golden Age" can be found on any of the multitude of "Mob Speak" glossaries on the internet.
Like any one of them would still have a substantial amount of money in their "pockets"....<sigh>??
Treble damages
Treble damages, in law, is a term that indicates that a statute permits a court to triple the amount of the actual/compensatory damages to be awarded to a prevailing plaintiff, generally in order to punish the losing party for willful conduct. Treble damages are a multiple of, and not an addition to, actual damages. Thus, where a person received an award of $100 for an injury, a court applying treble damages would raise the award to $300.[1] The ability to award treble damages is a typical feature in legislation that recognizes the potentially willful nature of the prohibited acts. For example, such damages may be awarded by a court in the United States for willful violation of the antitrust laws, for willful patent infringement, for trademark counterfeiting, and under the RICO statute.[2] The idea behind the creation of such damages, also called exemplary damages, is that they will encourage citizens to sue for violations that are harmful to society in general.
The United States Supreme Court determined in Commissioner v. Glenshaw Glass Co. that, unlike merely compensatory damages, which are exempt from federal income tax, such taxes must be paid on the excess amount (the amount that exceeds the actual damages) of treble damages. Furthermore, some[weasel words] foreign governments will assist U.S. citizens in collecting damages, but not treble damage awards, which are considered penal.
capten
I have CMKX,GBDX,SGGM and USCA,i study the shares and the board since 2003 around the world, I think it's a big game
Market Advisors Initiates Coverage on China America Holdings, Inc.
SHANGHAI, CHINA, May 11, 2010 (eTeligis.com via COMTEX) China America Holdings, Inc. (OTCBB: CAAH), a holding company with a 56% equity ownership of its China-based subsidiary Shanghai AoHong Chemical Co., Ltd. ("Shanghai Aohong"), today announced that Market Advisors Research has issued a report on China America Holdings, Inc. with a speculative price target of $0.10 per share.
The report is being made available on the Market Advisors website, http://www.marketadvisorsinc.com , in response to numerous inquiries for additional information regarding the company from both current and prospective shareholders.
China America Holdings, Inc. to Present at the Rodman & Renshaw Annual Global Investment Conference in London, UK on May 18, 2010 at 10:15 a.m.
SHANGHAI, CHINA, May 11, 2010 (MARKETWIRE via COMTEX) -- China America Holdings, Inc. (OTCBB: CAAH), a holding company with a 56% equity ownership of its China-based subsidiary Shanghai AoHong Chemical Co., Ltd. ("Shanghai Aohong"), today announced that the Company will present at the Rodman & Renshaw Annual Global Investment Conference on Tuesday, May 18th, 2010. The Conference will be held May 16th-18th at The Grosvenor House Hotel in London, UK.
The Company's presentation will take place in Fitzroy Suite at 10:15 a.m. and U.S. Representatives will participate in one-on-one meetings with analysts and investors throughout the three-day event. Mr. Richard Galterio, U.S. Representative, will present on behalf of the Company.
Company will discuss the Company's performance to date as well as its growth plan for the future.
Participation is by invitation and registration is mandatory. For more information on the conference, contact a Rodman & Renshaw representative or visit
www.RodmanandRenshaw.com
DOJ US v. John Edwards et al Updated
« Thread Started Today at 6:47am » [Quote]
www.justice.gov/usao/nv/victim_witness/case_updates.html
US v. John Edwards et al (CMKM)
Defendants: John Edwards, Jeffrey Turino, Urban Casavant, Nickolaj Vissokovsky, Melissa Spooner, Helen Bagley, Jeffrey Mitchell, Brian Dvorak, Ginger Gutierrez, James Kinney
Scheduled Court Hearings
ORDER GRANTING CONTINUANCE OF TRIAL DATE
Status Hearing - Feb. 2, 2011 @ 8:45
Trial Date - Feb. 7, 2011 @ 8:30
Victim Letter
INFORMATION AND ASSISTANCE FOR FEDERAL CRIME VICTIMS AND WITNESSES BROCHURE (Click here to view and print.)
Press Release
Restitution Information
Second Superseding Indictment
On March 24, 2010, the grand jury returned a sealed Second Superseding Indictment which added the following defendants: Jeffrey Turino, Nickolaj Vissokovsky and Jeffrey Mitchell. In addition, several new charges were added, alleging that certain defendants engaged in a conspiracy to conduct an enterprise engaged in a pattern of racketeering activity, a conspiracy to sell unregistered securities and to commit securities fraud and a conspiracy to commit money laundering. On May 6, 2010, the Second Superseding Indictment was unsealed.
Superseding Indictment
The superseding indictment in United States v. Edwards, et al., alleges as follows: the defendants combined and conspired to perpetrate a fraud involving the issuance and sale of CMKM stock over a period of several years. Hundreds of billions of shares of CMKM stock were sold to thousands of investors during that span. Investors in CMKM are invited (but not required) to complete the following questionnaire. The questionnaire solicits information pertaining to this case for purposes of enabling prosecutors to confer with and receive information and opinions from victims of the CMKM scheme. Please note that while the completed questionnaires will not be publicly accessible, relevant information may be disclosed to the court and/or defense counsel in accordance with the Federal Rules of Criminal Procedure and other laws.
GBDX is a NS Trojan for the MM´s, as CMKX and other
Companies identified as Dragons are the rarest to locate. They are few and far between because they represent deeply undervalued Chinese companies trading on U.S. exchanges. There are many parameters ChinaVesting uses to decide what companies are eligible to be classified as a Dragon.
The most important being:
A Dragon company must possess a market value that is less than comparables. The most common metric ChinaVesting will use is price to earnings (P/E) and enterprise value to earnings (EV/E). The market value must be significantly less to the point where the market value of the public company is less than or equal to what the company is worth as a private company.
How do we know what the company is worth privately? ChinaVesting speaks to our numerous Chinese Private Equity Firm contacts to determine what the value of the company would be if they purchased the company outright.
I think we have a verry,verry got stock,for the next 3 Years
Image is Everything, China America Becomes a Dragon
China Vesting reconstituted its family of U.S. listed Chinese public company indexes on April 21, adding to the China Dragon Undervalued Index, China America Holdings.
http://www.chinavesting.com/top-china-stock-pick-articles/Image-is-Everything-China-America-Becomes-a-Dragon-2010-04-21.htm
Hi
there was an info on Explosive Sensing Systems?
China America Holdings, Inc. to Commence Investor Road Show in New York City Area From April 19 to 21
China America Holdings, Inc. to Commence Investor Road Show in New York City Area From April 19 to 21
Management Will Outline Its Business Outlook and Expansion Plans for 2010 and Beyond
SHANGHAI, CHINA, Apr. 12, 2010 (Marketwire) --
SHANGHAI, CHINA -- (Marketwire) -- 04/12/10 -- China America Holdings, Inc. (OTCBB: CAAH), a holding company operating in China that owns 56% of China based subsidiary Shanghai Aohong Chemical Co., Ltd., today announced that the company will commence a road show in the New York City area from April 19 to April 21, 2010.
The company will hold an open investor meeting at 1:00 pm, Monday, April 19 at Harborview Advisors LLC, 850 Third Ave, Suite 1801, New York, NY 10022. Shanghai Aohong's CEO, Aihua Hu, will discuss its overall business operations and corporate strategy. All shareholders and prospective investors are invited to attend the meeting. If you would like to make a reservation, please contact Gary Liu at 954-363-7333 ext. 318.
During the three days in the New York City area, management will conduct one-to-one meetings with institutional investors. If you are interested in scheduling a meeting with the management team, please contact Gary Liu at 954-363-7333 ext. 318.
Hi
Friday's trading in USA ?
A news over the Divident and CAAH is go up to the Moon
yahoo.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?SessionID=VZUuCAWGR6g-lf4&ID=5075999
In January 2007 we announced we intend to spin off the MEMS technology to our shareholders. We presently intend to transfer all related assets and liabilities to a newly formed subsidiary, Explosive Sensing Systems, Inc. In view of his relationship with ORNL, initially, Mr. Perler, our CEO, will also serve as CEO of Explosive Sensing. Thereafter, it is anticipated that Explosive Technology will engage additional management with experience in that industry segment.
-12-
We presently intend to file a registration statement with the Securities and Exchange Commission and, once declared effective, we will pay our shareholders a dividend in the form of 100% of the common stock of Explosive Sensing Systems. There are a significant number of regulatory hurdles to overcome before we can effect a registered distribution of the Explosive Sensing Systems' stock. In addition, we will need to raise additional capital to pay a portion of the legal and accounting fees associated with the spin-off, and depending upon timing of the spin-off, to fund any payment required to be made to ORNL in connection with our exercise of the right of first refusal to acquire the MEMS chemical detection technology. There are no assurances that we will ultimately receive regulatory approval to undertake the spin-off, nor can we predict how long the transaction will take to conclude if we ultimately receive regulatory approval.
CEO of CAAH buys 10 Million Shares
www.otcmarkets.com/edgar/GetFilingPdf?FilingID=6803121
I think the time is near for a big news
Capten
Hi all
The point is HandHeld explosive detection device prototype
www.encyclopedia.com/doc/1G1-157085519.html
FORT LAUDERDALE, Fla. -- Sense Holdings, Inc. (OTCBB:SEHO), a developer of next-generation biometric and explosive detection security technologies for government and commercial security markets, today announced its plans to distribute rights for its explosive detection project with Oakridge National Laboratory and related technologies to its current shareholders. The company plans to announce an ex-dividend date in the near future. Sense Holdings, Inc. has formed a new subsidiary, Explosive Sensing Systems, Inc., to hold the rights for the technologies. All shareholders of Sense …
Prtotype: viewer.zoho.com/docs/qdcadn
"I think the production will start in the near future"
I think Caah invested in "Explosive Sensing Systems, Inc."
I think I think we get shares of "Explosive Sensing Systems, Inc."
"The CEO buys 10 Million Shares 2009, and they can only sell 2014"
Capten
hi all
1.gbdx is save start under the sec,in a bank trust. fakt
2.because of the economic crisis, delaying the process. fakt
3.torino fraud is outside and close. fakt
4.sib has never sold the higher shares in the market. fakt
5.before 3/31/2008 was never nss,then I don´t know. fakt
http://www.sec.gov/comments/s7-20-08/s72008-179.pdf . fakt
6.We need time and patience. fakt
Capten
Hi all
GBDX is in a Banktrust, Klepalskaya Trust
http://www.sec.gov/Archives/edgar/vprr/06/9999999997-06-044840
Capten
Yes
Capten from Cologne))))))))))))
So ist es,hier spielt die Musik
BGNN is the big play of 2010
capten
Hi all
Has the program to buy back shares reduces float?
capten