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Hey there. Been doing pretty well lately staying out of the pinks though and looking for bargains in ETF's and the occasional this and that from "real" companies. Good luck with that other stock....I bailed on a few weeks or months before it went under
but still lost several thousand.
I did bet on the AIG debt-debendures starting in late 2008 AVF and AFF and those have done really well and I still continue to buy them....once at 60% yield now down to 12% but a good deal I think.
Take care bud. All the best have a great holiday...CYL
Frog and Dreaming. Glad to see you guys are trying to show everyone what a SCAM ARTIST Gene Newton really is....he is one of the worst I have seen in 4 years of following the pinks. This person probably tells 25-30 outright lies a day just in the normal course of conversation. Anything whatsoever he says you can believe is just plain nonsense and that comes from someone who has talked to him perhaps 20 hours on the phone over a years period of time. All lies....everydamn thing he said.
If you have stock in the this company then you should realize it is going to be a total loss and just alot of misery and anxiety even following it. So, what can you do? Well if your economic situtation could use some help with this years taxes you could take this option and the writeoff's. Apparantly some would be for capital gains but up to $3,000 for ordinary income. At least some of you might get back a thousand or something. Read the link the deal with the IRS goes forward for several years:
Good luck guys but I did try and tell you along with some others back in May 2008 this was just a pure POS.
http://www.irs.gov/newsroom/article/0,,id=103509,00.html
Sorry to hear your loan arrangement was so informal. I suggest you call the State Attorney General's office in Slatons state of incorporation (New Jersey is it??) and see what they have to say about it and if you are lucky they may try to resolve it for you especially if you can show fraud and deception. If your method of payment was to GSI or wired to their account you have a bigger problem....if to Slatton personally then you might have a better chance of recovery if you can prove your claim legally. A Class Action Law Suit is
very expensive and reserved for corporations who have lots of assets and deep pockets and who could pay a judgement if one were obtained eventually.....they drag on for years.....3-5 or more and lawyers would not take a CALS on contigency fee arrangement with a Pink like this that doesn't even trade.
Good luck Gene.
In a message dated 12/3/2009 3:28:07 A.M. Pacific Standard Time, support@investorshub.com writes:
gmcgm has replied to a post you made on GSI Securitization, Inc. on Investors Hub:
--------------------------------------------------------------------------------
before i loaned slaton $23000 in August 2008, with promise that I would receive $28000 within 30 days or less, i cslled my trusted friend for advice as i had never done anything like this before. he told me slaton was a man of his word and i could be sure i would be paid back in the 30 days or less as slaton promised.
my mistake in not getting a promissory note from him was because i trusted too many people, including my friend, but especially slaton as he said 'we need to find a more active role for you in the company - i'd like to have you on the board of directors' and he offered me the position of managing the Argyle operation in San Diego he was in the process of taking over....??? which one of the many lies was that to cheat me out of my money?
you can be sure i have learned my lesson the hard way and also a a very, very expensive one. i've bought four million shares of this s... and also bought a million shares (of the same s...) from my dad's estate for my brothers and sister - and they are all very angry at me and not speaking to me because it is worth nothing ..... NOTHING.
but you (and that POS ceo) can be sure i will not fade away - i will not forget or forgive this deception, injustice and indiscretion - i will haunt him and do my best to expose him for what he is and do my best to bring him to justice until the day he dies. guys, don't kid yourselves, this stock will never trade again. oF course this is IMO, but it is completley due to to a true scam artist - GIL SLATON. be sure of this - i'll start calling my lawyers (of which i have many from law school) to contact the sec or whatever body oversees scam artists like slaton on monday if i am not paid.
Is there anyone that would like to join me in a class action suit?
gene
jersey - feel free to pass on my comments......
gene
---------------------------------------------------------------
Heres one for the board to take a look at Ambac Financial Group
(ABK) currently .797cents. They claim to have made $2Billion in Q3 but there are some reports from firms like JP Morgan 11-5-09
they may be close to regulatory seizure for having low reserves.
Ambac is nations #2 largest bond insurer. Caution should be used.
Research and google Ambac to get yourself informed.
Seperately they have a NYSE listed Senior Corporate Debt 5.95% ue 2-28-2103 (yes 93 years down the road) symbol AKF currently at
$5.45 which promises quarterly payments totally $1.49 year. Originally AKF sold at $25 share a few years back. They have made their quarterly payments so far. With a $5.45 price the yield on this is now at 28.7% and obviously some folks feel that they will make good on the payment schedule.
If Ambac survives then the common could make some money down the road. A caution is the CFO has just resigned and thats never a good sign....cooked books etc.
The Senior Corporate Debt might be a better way to go. Check closely on the prospectus but it appears they are senior to
preferred and common shares of course and perhaps more in the event of a BK or seizure.
You can start by reviewing this type of document which you should have of course had in the first place but ONLY if you were completely confident their were assets in place to repay. The world is full of those making verbal assurances which turn into nothing but scams and legal nightmares which usually are never resolved especially when dealing with a corporation which has the type of problems GSI has....ie not trading, etc.
http://www.jian.com/software/business-contracts/sample-contract/personal-loan-guarantee-bank.pdf
By the way Gene do NOT EVER accept a cashiers check or money order from anyone which two weeks later go belly up leaving you with the mess....especially if you are to return a portion of the money for some reason during the waiting period. Nigeria is infamous for this type of thing. I once saved a friend from losing $75,000 on such a scam from a so-called foreign government offical....his cut for doing it was supposed to be 50% of the $150,000 cashiers check.
NEVER, NEVER ever loan money to corporations without full legal counsel and an attorney drafting the documentation and even then you are taking a huge gamble. I invest in corporate debt thru
the stock market, jr. debentures, senior notes, secured preferred stock, etc, and even these can go upside down in a hurry for example almost all of Lehmans debt instruments and bonds are worthless, many mortgage companies the same,and one I was looking at the other day:
Ambac Financial Group Senior Debt Securities 5.95% due 2/28/2103
(symbol AKF-NYSE) now it is supposed to pay $1.48 year on a quarterly basis. But the underlying corporation Abac Financial
(ABK) stock is worth only .81cents share. This makes the actual yield 28.3% at the moment but what is the chance of default on
the AKF securities given that? Well, it is really quite high and extremely risky. So remember a few years ago people were paying
$25 per share for AKF to lock in this 5.95% interest yield....now its $5.50 and I wouldn't pay $1 for it.
For those interested in such things go to: QuantumOnline.com
Its free...you need to register but you might learn a good deal from such a site.
Good luck all
Gene some food for thought:
1. Do you have a "written" agreement for the loan you made and does it state, the length of the term of the loan, the repayment term rate at so much per month, any interest rate involved?
2. Is it signed and on corporate letterhead?
3. Do you have a "corporate" or a "personal guarantee" on your loan and is it backed by any "security" such as bank account
receivables, land, inventory, office equipment etc?
4. I assume you do not have a unique "personal guaranty" on your loan from GS....which means you have made a deal with the corporation itself. GS is personally protected in such a deal as to his personal assets by the "corporate veil". To get to his personal assets you would need to prove among other things fraud
etc....google "contract law". Piercing the corporate veil is difficult and "expensive" to do.
5. As far as a lawsuit goes, you might sue the company itself and eventually win a judgement but then comes the monumental problem of attempting to collect on the judgement if there are any assets which can be attached....again time consuming and expensive.
6. There may be others in line ahead of you now in the process of litigation or already in receipt of judgement and they come first.
7. You need to save all your written emails, especially any from him acknowledging the debt, record any future calls you make to him (check the laws of your state first) and at the minimum prepare a promissory note for him to sign and send it via registered mail, signed, proof of delivery and see if you get anything back which I doubt but you can try.
8. He will hide behind the corporate veil for sure on this and I am sorry to say but I think your chances of collecting on the funds you loaned in good faith are near zero.
9. See if you can get a written agreement to some kind of payment plan which he personally will also guarantee....this is a
real big ify deal but I guess worth trying.
Good Luck Gene-
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AIG shares tumble 15%
Shares fall after Bernstein Research says AIG's loss reserve is $11 billion short and cuts the insurance giant's price target by 40%.
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See all CNNMoney.com RSS FEEDS (close) By Hibah Yousuf, CNNMoney.com staff reporter
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NEW YORK (CNNMoney.com) -- Shares of AIG plunged nearly 15% Monday after an analyst hacked the insurance giant' price target 40% in a research note on worries about the company's loss reserves.
AIG (AIG, Fortune 500)'s stock fell 14.71% to $28.40, after trading at session low of $28.04. The shares finished down almost 50% off their 52 week-high of $55.90.
In a research note, Bernstein Research analyst Todd Bault told investors he cut AIG's price target to $12 from $20 and said the insurer's "loss reserves are significantly deficient again, much sooner than we would have forecast two years ago."
Bault projected that AIG's loss reserves are short $11 billion, with $10 billion concentrated in "long-tailed" casualty lines: $1.8 billion in workers compensation, $5.6 billion in general liability and $2.6 billion in professional liability.
The $11 billion deficiency equates to about $10 per share and was a "big surprise" to Bault, who said the implications are "significant."
"AIG shareholders and the Federal government face considerably more uncertainty than they may have anticipated: recall that AIG's insurance units were not generally considered to be part of its problem. In fact, early in AIG's downfall, borrowing surplus from AIG's insurance units was considered a possibility for saving the holding company," the Bernstein Research note said.
After having received $82 billion in taxpayer-funded bailout funds, the insurance company is now essentially owned by the government.
Note: Those holding AVF and AFF need to consider the implications of these new reports as the essential long-term funding for the dividends/interest was to come from the "core" business itself which now appears shakey....also they have the "right" to suspend quarterly payments for 10 years and who knows if that might happen in the fallout. Apparently the secure AIG property and casualty groups are running sub-par now and some have predicted a flight of customers from AIG insurance deals.
Nice profits have been made on both AVF and AFF over the past
12 months with dividend payments and speaking for myself I don't like the looks of where this could be headed in terms of any meaningful stability or assurances from AIG corporate.
Good luck to All.
Well if you believe Newton from those EZEEE days and a couple reports from first hand witnesses to the operation they had 10-12 people working the phones for months and raking in the biz. It is those toxic business dealings which are under investigation and no doubt litigation to follow from those who paid and got esssentially nothing but promises. I notice the Calif. Bar Assoc. suspended approximately 15 attorneys in the LA area in the past month for being involved in such debt solution activities.
I think the fall out will follow Newton for months-years ahead
unless they make restitution somehow. Bragaging about collecting up to $3,000+ up- front from distressed consumers is what has the
various Atty Generals in the US pretty upset and in particular
California and Florida. I noticed that 3 of the suspended attys last month were banned for life and had controlled in one way or another as many as 30 of the EZZEEE Debt type places.
I think Newton has gone silent because of pending lawsuits from myself and others launched over the last 12 months. The problem with suing him he is essentially flat broke personally and his companies have no liquid assets to pay damages on investigation.
And who the hell wants any of their junk stock at .0001 if you could get it sold.....which apparantently you can't. So make my day someone, tell me where Newton et al has some assets to go after. Piercing the corporate veil is the next option but it is
more costly, time consuming and the Newtons, et al can always declare personal BK to avoid pending judgements just prior to a final judgement from the court.
I think its funy that 2 years later this IWS thing that he claimed was getting 25-30 new contracts a month with suitable downpayments, etc. hasn't done a damn thing. At least most people didn't lose more than $5-20,000 from us original folks but it is still annoying as hell to be taken in my a con artist of\
his caliber. He fack he was so unprofessional I thought he must be telling the truth but he is really just a shade tree con artist who hasn't learned the finer points from true artists locked up in federal prisions around the country. GO GENE.
I bet his damn credit score is 400.
Good luck anyway guys maybe someday it might be possible to sell and get a pittance out of this trash heap.
Yep. California passed a law which went into effect that prohibits collecting up front fees in exchange for promises of
debt reduction schemes....EZZEE Debt demise was one of thousands
in california in the past 6 months.n Remember those juicy of front $3,000 fees being boasted about....well it was just essentially criminal activity and Gene Newton jumped on it.
LOL. Guys.....I knew it was going to go real bad for anyone involved with Gene Newton/et al but now we're down to Certificates for Worthless Stock filings with the IRS.
No surprises there. Sorry he was such a complete dunce and
fraud.
Well Gene has made an "interesting" choice of peers to compare his wastewater company with. This is the first one on the list
a water and electricity utility company....LOL:
CONTENTS
My Account (View & Pay Bills)
Careers
Company Links
Conservation
Contact Us
Contractor Docs.
Customer Service Areas
** HOTLINE **
Anonymous SOX & Employee Reporting System
(888) 373-8817
Press Releases
Protecting our Water Supply
Questions
Rates & Regulations
Videos & Downloads
Water Quality
Webcasts
X-Connect
Code of Conduct
Customer Notice regarding Sutter County
Our Mission
American States Water Company is a holding company dedicated to increasing value through excellence in managing utility assets and services.
Welcome
If you are looking for information about water service, shareholder information, options for a service partnership, details about the company operations, or information about the issues facing the water industry-you have come to the right place.
American States Water Company is an investor-owned utility publicly traded on the New York Stock Exchange under the trading symbol AWR.
American States Water Company is the parent of Golden State Water Company, American States Utility Services, Inc. and Chaparral City Water Company. Through its subsidiaries, AWR provides water service to 1 out of 30 Californians located within 75 communities throughout 10 counties in Northern, Coastal and Southern California, over 255,000 customers and to over 13,000 customers in the city of Fountain Hills, Arizona and a small portion of Scottsdale, Arizona. The Company also distributes electricity to approximately 23,250 customers in the Big Bear recreational area of California via Bear Valley Electric Services. Through its non-regulated subsidiary, American States Utility Services, the Company contracts with municipalities, the U.S. government and private entities to provide various services, including billing and meter reading, water marketing and operation and maintenance of water and wastewater systems at various military installations throughout the United States.
Not cash....lets get that much right here.
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Promissory note
From Wikipedia, the free encyclopedia
Jump to: navigation, search
A promissory note issued by the Second Bank of the United States, December 15, 1840, for the amount of $1,000.A promissory note, referred to as a note payable in accounting, is a contract where one party (the maker or issuer) makes an unconditional promise in writing to pay a sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms. They differ from IOUs in that they contain a specific promise to pay, rather than simply acknowledging that a debt exists.
Contents [hide]
1 Overview
2 See also
3 References
4 External links
[edit] Overview
The terms of a note typically include the principal amount, the interest rate if any, and the maturity date. Sometimes, provisions are included concerning the payee's rights in the event of a default, which may include foreclosure of the maker's assets. Demand promissory notes are notes that do not carry a specific maturity date, but are due on demand of the lender. Usually the lender will only give the borrower a few days notice before the payment is due.[1]
Grenada obviously didn't want Gene's shares and opted for a
promissary note instead. $50,000 of stock would have amounted to 500,000,000 shares.
I don't think Grenada will ever be able to collect on the note but they probably thought why not spend a day on putting something together on the off chance they could.
Actually this is the most poorly formed investment profile I have ever seen published. There is no mention of the past,
present or future revenues for RCCH and nothing on the stock
structure or its performance over the past 12 months. Where
would one go for such vital information???....LOL.
Also I note that there is now no mention of EZZE DEBT...is that history???
Well it looks like there is going to need to be some substantial waiting on GMO to develop Mt.Hope mine. This was not exactly the news I had been hoping for:
GENERAL MOLY ANNOUNCES FURTHER CASH CONSERVATION EFFORTS WHILE RETAINING THE FLEXIBILITY TO START PRODUCTION AT MT. HOPE 20 MONTHS AFTER FULL PROJECT FUNDING IS SECURED
LAKEWOOD, COLORADO - March 26, 2009, General Moly (NYSE AMEX and TSX: GMO) announced plans to further conserve cash while retaining the ability to start construction at the Company's 80% owned Mt. Hope project pending improvements in the molybdenum and capital markets.
Bruce D. Hansen, Chief Executive Officer, said, "Given continued uncertainty in the project finance market, current low moly prices, and a longer than expected timeframe to receive the ultimate permits to begin construction at the Mt. Hope project, the Company and our partner, POS-Minerals, have announced prudent steps to reduce planned expenditures for 2009 and 2010 in order to maximize financial flexibility and preserve maximum shareholder value. With a current cash balance of approximately $80 million or $1.11 per outstanding share, we have the capacity to continue aggressive permitting efforts, maintain efforts to secure full project financing, and secure the most critical long lead capital items for the ultimate construction of the Mt. Hope project.
"We continue to believe that the Mt. Hope project is the best moly asset currently under development and continue to be bullish toward the longer-term fundamentals of the moly market. However, given the lack of improvement in the moly and financing markets, we will position General Moly to maximize re-start capability based on maintaining our world-class assets, people and partners while minimizing ongoing expenses. Once full financing is structured, it is expected that Mt. Hope can be constructed and in production within 20 months. Our permitting efforts will continue full-time and the Company will maintain its orders for grinding, milling, and other specialty long-lead equipment, although other engineering, administrative and third-party work will be slowed.
"We will continue work with Credit Suisse and Barclays to seek ultimate project financing. Additionally, we will continue evaluating all sources of potential interim capital, including equity partners at the asset level and vendor financing with a focus on minimizing dilution, long term cost and risk to shareholders. Given our strong off-take agreements and other preparatory work completed, we believe the Company is well positioned to execute a project finance facility once the moly price and credit conditions improve."
CASH CONSERVATION INITIATIVES
The Company anticipates an unaudited cash balance of approximately $80 million at the end of the first quarter. With its cash conservation efforts, total cash utilization other than key equipment purchases is anticipated to decline to approximately $1 million per month. Current cash on hand could last the Company through 2010.
Engineering efforts, currently approximately 57% complete, will be effectively paused. Once a path toward ultimate funding becomes available, engineering work and equipment procurement will be re-started.
Equipment orders for the Company's custom-built grinding and other process equipment are anticipated to be maintained pending on-going negotiations with vendors related to construction and delivery timelines. The grinding and process equipment require the longest lead times and maintaining these orders is critical to the Company's ability to re-start rapidly. Total remaining payments for these capital items is approximately $50 million, with the vast majority to be spent in 2010.
Other equipment orders for non-custom items will be suspended or canceled. The lead times and costs associated with many of these items have significantly declined in recent months. Once total financing is secured, the Company anticipates placing orders for this equipment again. The Company will continue to evaluate all options to decrease Mt. Hope's initial capital requirement and facilitate a more timely re-start of the project development.
Cash conservation efforts will also impact General Moly employees and contractor support. The Company has initiated plans to reduce administrative expenses by $5 million per year through a combination of compensation restructuring and position eliminations.
PERMITTING UPDATE
Following recent discussions with the Bureau of Land Management (BLM) related to the Company's hydrologic studies of both pit lake geochemistry and regional hydrology, the Company determined that additional analysis and data acquisition will be conducted to improve the technical adequacy of the studies. Although this further work does not indicate a concern related to ultimate permit receipt, the Company now expects to receive its Record of Decision (ROD) approximately mid-year 2010. State-issued permits related to Air Quality, Tailings Dam Safety, and Water Pollution Control continue to be anticipated to be received well before the federal permit (ROD) is received.
POSCO JOINT VENTURE UPDATE
Under the terms of the Mt. Hope Joint Venture agreement, POS-Minerals is required to make an additional capital contribution to the Joint Venture following receipt of the Record of Decision (ROD). With permit receipt now anticipated to occur after December 31, 2009, POS-Minerals will have the right to either retain its 20% interest and contribute $56 million plus its 20% share of all Joint Venture costs incurred after the date of the Joint Venture, or to reduce its interest to 13% and contribute its 13% share of all Joint Venture costs incurred after the date of the Joint Venture.
* * * *
General Moly is a U.S.-based molybdenum mineral development, exploration and mining company listed on the NYSE AMEX (formerly the American Stock Exchange) and the Toronto Stock Exchange under the symbol GMO. Our primary asset, our interest in the Mt. Hope project located in central Nevada, is considered one of the world's largest and highest grade molybdenum deposits. Combined with our second molybdenum property, the Liberty project that is also located in central Nevada, our goal is to become the largest primary molybdenum producer by the middle of the next decade. For more information on the Company, please visit our website at http://www.generalmoly.com.
Contact Information - General Moly:
Investors - Seth Foreman (303) 928-8591 sforeman AT generalmoly.com
Business Development - Greg McClain (303) 928-8601 gmcclain AT generalmoly.com
Website: http://www.generalmoly.com info@generalmoly.com
Forward-Looking Statements
Statements herein that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied. These risks and uncertainties include, but are not limited to, the Company's ability to obtain required permits to commence production and its ability to raise required financing, metals price and production volatility, exploration risks and results, and project development risks. For a detailed discussion of risks and other factors that may impact these forward looking statements please refer to the Risk Factors and other discussion contained in the Company's quarterly and annual periodic reports on Forms 10-Q and 10-K, as the same are amended from time to time, on file with the SEC. The Company undertakes no obligation to update forward-looking statements.
All of your links are essentially irrelevant as to the performance of this stock with Gene Newton as CEO. On March
17, 2008 (exactly a year ago), 1million shares would have cost
$10,000. Under his leadership the PPS has fallen 99% in 12
months.
So the EPA approvals mean nothing, this is clear. Again, I suspect there is going to be a reverse split on RCCH before
June 1 after which it will adjust and then drop another 90%
making that original $10,000 investment (1million shares) worth $10. Thats where I see this going because the company has not shown the ability to generate any income from its
products.
Yeah and at the moment 1million shares bought for $100 at the pre-split price of .0001, is now worth $28.....OUCH.
Oh what I meant by Q3 2011 was that we would have recaptured all the principle we paid for the shares by then and would be
riding free trading shares just collecting the dividends for the next 30+ years if all goes well.
Payout:
$1.92 per year x 30 years=$57.60
Its a sweet deal if AIG sticks to the terms of the debenture.
If Gene "came clean" and laid all the cards on the table longs would freak and absolutely no one would buy RCCH shares even for a crummy hundred dollars.
I suspect that we are moving into a period where longs who would like to sell shares will find it very difficult to find a buyer who was willing to pay .0001. Are they stuck now?? Quite possible.
It looks like a Reverse Split maybe one of the few options they have left over the next 90 days. Then give it 3 weeks,
and you should see the .0001's fall by another 90% and I would not be surprised if it ended back up at .0001 again with far
fewer shares....JMO.
Yes, myself and family members still holding and collecting
quarterly payments. With this next payment cost basis will be down to around $3.30.
If the government continues to provide support and AIG gets there act together our investment should be a cash cow Q3 2011.
We can wait.
With all due respect kramrer, in this particular environment there are almost NO mergers happening at all. I just don't think that a cash/shell merger partner will see enough income
stream off IWS to make it an attractive acquisition. Merging with IWS would make for a very risky capital proposition IMO.
They have not shown an ability to generate any income since
they became part of RCC.
Who knows what their debt structure might be when all the skeletons come out of the closet in DD.
You could buy all the shares of General Motors for $885 million even though they are asking for $16B from the Feds. There are no interested parties for it even though they have products
which are selling daily and hold substantial assets. Looks to be going BK according to most.
This is the genius behind RCCH. Who would ever do business with such a person?
Obviously he is not thinking straight at this time...probably
contemplating the further decline and final demise of RCCH
once the merger proves impossible and all buying of his shares dries up. Then He's Toast!!
Well it looks like you now have all of OneFi as opposed to a small piece so maybe it will fare better.
A copy of an email to a buddy of mine re another stock which just did a R/S:
Investors Hub - 141 Capital NEW (OTC) (ONCP) Quote Man these folks at 141 Capital really got creamed
in this R/S which errol stone pulled off. A week ago if you bot 1M shares it cost $100. After the split (1:175)
that same $100 would be worth $6.29. That's a haircut bro even with a .0001 stock to begin with. Something to remember going forward
PPS currently....0011. Started at .0175.
--------------------------------------------------------------------------------
A Good Credit Score is 700 or Above. See yours in just 2 easy steps!
Jim Bishop commented to me that it is not uncommon to have
only what is shown.....so it would seem to be essentially worthless.
Based on my experience with oil and gas exploration plays, a
company at Bald Eagles stage of developement is looking at
perhaps 2 years before they could generate any income and it
would require alot of additional capital.
Colorado Secretary of State: RCCH Filing of Annual Report
03-06-09 9:41AM MST
http://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20031077454&fileId=20091135534
Looks like RCCH just filed the annual report but was unable to
get any detail.
AND:::There is an excellent chance that RCCH is going to receive Federal Government TARRP funding based on that fact that Gene Newton is known to have a $5.00 bill in his wallet thus confirming his connection to the Treasury Dept.
Show a current link that data is more than 2 years old.
OOOPPPS.
If this works out it could be promising and deliver some income stream:
United States Project: RCC/IWS has received news of another project receiving permit approval from the State of Montana. The company is involved in several projects in that state, with this project being the second project being permitted in this quarter using RCC/IWS technology. Construction and system installation for both of these projects is scheduled to begin in first quarter, 2009, as weather permits. These are smaller subdivision projects, approximating $600,000 in revenues to the company.
LOL bro.
A weak attempt at a little levity. But lets see what happens from here.
We don't need banks or investors to finance RCCH. Gene can take out a student loan and follow in Warren Buffetts footsteps.
Right on Bro! The shorts will BURN! Going to write a complaint to the SEC to force them to cover their AIR SHARES!!
Lets nominate Gene Newton for Small Business CEO of the year!!
Stunning performance news to come any day. Did you know that
Gene was invited to the White House because IWS hit the big time with the EPA in Washington,DC?
No doubt this stock will soar to DOLLARLAND in 2009. I trust
Gene and AM BUYING MORE!!!!!!!!!!!!!!!!1
ACCUMULATION PARABOLIC!!
I agree the prospects are so bright you need welders goggles
to look at RCCH.
The PPS will skyrocket with the news of a merger.....
Hows that??
I was referring to the "switcheroo" going from an uplisting to an International exchange to a possible merger of IWS.
This change in direction blew out the "huge PPS increase" to
come from a revaluation of RCCH based on its assets. It also
closed the issue that there would be a huge NSS covering coming from an uplist. Key reasons for speculation since
May 2008 were proved unfounded dashing the dreams of hundreds
to acquire major wealth.
A/S increased to 10 billion shares 2-17.
Prospects not dimmed? That is unrealistic.
Pump happening now....LOL:
Posted by: martingale Date: Tuesday, February 24, 2009 11:38:25 AM
In reply to: RICK C who wrote msg# 143 Post # of 214
Pump and Dump? The pump is on:
February 23, 2009
James L. Rapholz' ECONOMIC ADVICE
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? Results of the third-party geological report that shocked even the most optimistic of the Texas oil men guiding Bald Eagle (full report)
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? Few on Wall Street know this stock, but big oil has a big mouth -- buy BEEI now (full report)
? War news intensifying USA's cravings for USA oil (full report)
? What the US Energy Information Administration says about Alaskan oil (full report)
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? Could Obama's trillion-dollar ?gift? to the USA help propel Bald Eagle? (full report)
? Bald Eagle's buy-sell projection (full report)
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James Rapholz
Editor
ECONOMIC ADVICE
No problem. Its making money!
"Money in the bank"......Expectations dimmed here:
Date : 02/05/2009 @ 10:00AM
Source : Business Wire
Stock : RCC HOLDINGS, CORP. (RCCH)
Quote : 0.0001 0.0 (0.00%) @ 11:51AM
RCC Clarifies Previous Release
RCC Holdings, Corp. ("RCC")(Pink Sheets:RCCH) would like to clarify certain information in its press release issued on January 30, 2009 (the "Prior Release"). The reference to "up listing" in the press release is a reference to the intention of RCC to pursue a merger of its wholly-owned subsidiary, RCC International Waste Water Systems Incorporated ("IWS") with a publicly listed shell company with cash assets (the "Proposed Transaction"), which transaction would be subject to applicable stock exchange and regulatory approval. RCC has been in discussions with several possible shell companies in respect of the Proposed Transaction.
The Prior Release also contained an error in that Bill Hess has not been appointed as a director of RCC or IWS at this time and his biography should have referred to the Canadian Venture Exchange and not the Toronto Stock Exchange. Mr. Hess will only become a director of IWS if the Proposed Transaction proceeds and is completed in a manner acceptable to Mr. Hess.
Further announcements will be made in respect of the Proposed Transaction if RCC succeeds in entering into a merger agreement with a shell company.