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I think you're right on the money CJ, those are really strong records that support Malcolm. I don't know how Hunt can get around their many, many rig problems.. and clearly no one can say no money was expended to drill and Malcolm is trying (has tried) with all his might to drill a hole for us and those facts are on the record. Hopefully, we can get this done soon. GLTA
Well, batting is correct, Drunken Sailor is wrong.
According to Scottrade, I bought at .0025 on 8/27/2012; bought more at .0025 on 8/28/2012;
bought more at .0035 on 9/26/2012; bought a lot more at .0038 on 10/3/2012; and even more at .0038 on 10/5/2012.
But what do I know? or what do I know!
GLTA
88% of today's volume (nearly all at the ask) were short sales. lol.
Walk it to me baby.
83% of total volume sold short today. Yeah, no agenda here....roflol
court news link, fwiw.
And no, it's not the Billion Dollar Ball Law Firm Settlement . lol.
http://www.tradingmarkets.com/news/stock-alert/voii_enforcement-proceedings-district-court-enters-final-judgments-ordering-a-civil-penalty-against-def-934474.html
http://www.sec.gov/litigation/litreleases/2010/lr21499.htm
Dibbs
press release:
Tommorrow, 8:30 a.m. EDT
MATECH Corp. Discusses How Over 90% of Cracks in Lawn Mowers, Tractors and Golf Clubs are Missed During Visual Inspections.
REGENT BEVERLY WILSHIRE PENTHOUSE SUITE (BUSINESS WIRE) -- MATECH Corp. (MTCH 0.0052, -22.66%) (MATECH) announced today that its revolutionary Electrochemical Fatigue Sensor (EFS) provides the advanced objective reporting capability necessary to secure the nation's household and farming equipment.
The most common method of lawn mower inspection is visual inspection, which relies on the subjective judgment of the husband himself. Using this method 90% of fatigue cracks are missed, and 80% of identified "cracks" later prove to be husbands' false-positives, according to economic stimulus funded reports.
"No matter how skilled and thorough a farmer, husband or golfer, the possibility for human error is always too great. Experienced golf club inspectors have even called their own work into question, raising serious doubts about the validity and safety of current inspection methods," said Tony Cataldo, CEO of MATECH Corp.
MATECH's EFS(TM) has proven its efficacy on over 18 Black & Decker electric push mowers, 12 John Deere 5095MH Hi-Crop Tractors and dozens of Calaway clubheads, shafts, as well as the little spikey things at the bottom of their shoes.
At least I hope it's a parody.
I'll predict shares heavily traded with volume around 1.2 Billion.
Ahhh.. just figured out how the SEC lets Tony et al keep doing these things.
http://www.foxnews.com/politics/2010/02/02/sec-workers-investigated-porn-surfing/
A firm JV with a partner who wanted way too much of the company drilling on a newly granted EL would look very dilutive to Empire shareholders right now, compared to the rights offering which would not dilute shareholders of record, and possibly give them a larger share of the pie, if initial subscription is under subscribed.
Bendall's talk about wanting to retain 100% of the project is consistent with aborting the Smart Win JV and in the best interests of the shareholders, especially large shareholders, such as Mr. Bendall himself, who has unrelentingly worked to maximize future value of the project to the shareholders.
Prattle about not wanting to give up billions of dollars worth of oil resource in exchange for a few measly drillholes quite makes the point that the company believes there is oil to be found and it would be stupid to have someone else find and own half of it.
JVs are prudent exercises in dilution and risk that CEOs who don't give a *** engage in.
IMO. LMAO.
800.com in BK court. Who'da thunk finding it there? lol.
250K wow. Maybe I should be a consultant to my own business and work in a boat allowance.
Sorry. Wrong board. Should have known. lol.
OH BABY 10 BAGGAHHHHHHH!!!!!!!!! Shares are only at the ask folks. You MUST hit the ask NOW!!!!! SHORT SQUEEZE IMMINENT. THERE ARE NO SHARES LEFT!!!!!!!!!!!!!!!!!!!!! BIG MONEY HASN"T EVEN STARTED YET!!!!!!!!!!
Estimates are a PPS of $4,0000 on next PR.
Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
I've got 90,000 pounds in my pajamas....
I'm buying MORE RIGHT NOW!!!!!!!!!!!!!!!!!
Weeeeeeeeeeeeeeeeee
Thanks for the update. Had no idea Ken Waters passed, let alone another BigTalkerFM suicide. That makes 2 now. Curtis Wright seems about as straight as they come, just can't figure what was going on at the station. Don't listen too much anymore since the signal is usually just out of range.
Looks like we get to follow the WQN stuff to a new home. I'll be there.
thanks again for the ILM news.
IV. eom
*mental image*
last scene: boardroom full of shareholders, lights dim, The Emeritus walks in, looks around the room, points to all and yells,
"YOU'RE DILUTED!"
Did I just read 'Tony Cataldo' and 'Railroad Bridge Inspection' in the same paragraph?
Are we suppose to forward information like this to Homeland Security or CNN?
runncoach, more picks like ATPG and this could be a hopping board again. lol. good one.
Amen brother. Your email is as well thought out and concise as the Gettysburg Address. May millions more get off their a$$ and express themselves as well as you have. I guess I should include my own behind in that too. Appreciated the post.
Bloodhound,
I found a cushy federal job at the Treasury Department for you. I'll bet it pays six figs. I'd rather my tax dollars go to you. I hear Geithner needs some friends, probably some Xanax too.
https://www.fbo.gov/index?s=opportunity&mode=form&id=3014e950a92dbb0f7e066f9e088a301f&tab=core&tabmode=list&cck=1&au=&ck=
BH
"Who ended up with the phone card business"
What got auctioned off
and
I Don't Know took all the money.
Let me count, looks like, more posts than shares traded. Anyhow, Runncoach does ask a good question:
"One other question. Do you know if Danny Alvis was given shares by the company at any point for his promoting this stock on his show?"
Oh c'mon, on the bright side...
"On December 31, 2008, we had 3 full-time employees.
None of our employees are represented by a labor union and we have never experienced a work stoppage, slowdown or strike. We consider our labor relations to be very good."
"labor relations to be very good." --Oh, I can imagine that. lol.
OT CITI offers R/S. I'm telling you, the big boys picked up the Cataldo play book. lol. R/S and selling down to squat again.
AMDL, Inc. to Present at 5th Annual Winter Technology Conference Hosted by Security Research Associates, Inc.
Friday March 6, 2009, 9:30 am EST
TUSTIN, Calif., March 6 /PRNewswire-FirstCall/ -- AMDL, Inc. (NYSE Alternext US: ADL), a US-based pharmaceutical company with major operations in China, announced today its Executive Chairman and Chief Executive Officer Mr. Douglas MacLellan will present at Security Research Associates' (SRA) 5th Annual Winter Technology Conference on Monday, March 9, 2009.
During the 5th Annual Winter Technology Conference, Mr. MacLellan will provide details of AMDL's 2009 business strategy, expanding product portfolio, and FY2009 financial projections. Mr. MacLellan's presentation will take place at 12:30 p.m. PDT in the Russian Room in the Omni Hotel located in San Francisco, CA. Conference attendees will include a select group of institutional portfolio managers and analysts and feature CEOs and CFOs from some of the fastest growing companies in the technology sector.
Founded in 1987, AMDL operates three distinct business divisions that include: (i) In Vitro Diagnostics, (ii) Cancer Therapeutics, and (iii) China-based pharmaceutical manufacturing and distribution. Collectively, these business units focus on the development, manufacturing, distribution and sales of high quality generic pharmaceuticals, nutritional supplements, cosmetic and medical diagnostic products in the US, China, Korea, Taiwan and other markets throughout the world.
For the past four consecutive fiscal years, AMDL has achieved 100% or more growth in gross revenues and expects to continue this forward momentum in 2009 as it executes an aggressive business strategy focused on expanding its market presence in China and other select international markets. Management issued financial guidance for FY2009 forecasting gross revenues between US$64 to $72 million, and net income between US$8 and $12 million after taxes and before foreign currency translation gains or losses. This guidance represents sales for AMDL's China-based operations only and does not include product sales for DR-70 or Elleuxe. AMDL believes anticipated revenues from these two products could potentially result in an additional US$25 million in additional gross revenues.
In FY2008 AMDL achieved gross revenues between $32 million - $36 million vs. $15 million in FY2007, and net income after foreign currency translation of between $2.4 and $2.6 million. For FY 2007, net loss after foreign currency translation was approximately $1.26 million.
AMDL is listed on the American Stock Exchange Alternext US under the symbol "ADL". In 2007, AMDL earned $15 million in gross revenues and the Company plans to issue 2008 earnings results later this month. AMDL employs approximately 510 people in the US and China.
Webcasting of all Company presentations during the SRA conference will be accessible following the event by visiting: http://www.wsw.com/webcast/sra8/ .
About AMDL:
Headquartered in Tustin, CA with operations in China, AMDL, Inc., along with its subsidiary Jade Pharmaceutical Inc. (JPI), is a pharmaceutical company devoted to the research, development, manufacturing, and marketing of diagnostic, pharmaceutical, nutritional supplement, and cosmetic products. The Company employs over 490 people in the US and China.
About Security Research Associates, Inc.
Security Research Associates, Inc. (SRA) was founded in San Francisco in 1980 and, today, offers investment banking and M&A services as well as institutional brokerage services. A boutique firm by design, SRA works with a select group of portfolio managers from around the country and focuses on technology and life science companies in the micro and small cap arenas. For more information about SRA see our web site at www.sracap.com or call us at 415-925-0346.
Forward Looking Statements:
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this document include certain predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, as well as other economic, competitive and technological factors involving the Company's operations, markets, services, products, and prices. With respect to AMDL, Inc., except for the historical information contained herein, the matters discussed in this document are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements.
AMDL Contact:
Kristine Szarkowitz
Director-Investor Relations
kszarkowitz@amdl.com
(Tel:) 714.380.8832
Staats may want to polish off his resume and bring his Conversion Calculator over to CITI. Just a thought:)
Have to admit, when I read the CITI/US GOV'T agreement this morning, I thought I was reading verbatim from a Cataldo 8K...."lowest floor price grandfathered in clauses etc." Have mercy on those CITI shareholders today. Seriously who wants to own shares where the mighty GOV has lowest conversion price guarentee?? Does anybody read the historical DD on this board or the Ol' Market watch death spiral days?
Automated Transcript of FBN for the Bandwidth Impaired
Title: AMDL Ontrack in 2009
Published: Wed, 4 Feb 2009 Fox Business Network
Description: AMDL focuses on growth in China.
-
Automatically Generated Transcript (may not be 100% accurate)
" All right over the -- we'd sit down now."
" The health care industry is often considered recession proof but this current economic crisis seems to leave no company or industry and -- we'll see about that -- And today's she -- sit down we look at once especially pharmaceutical company. Who says their contract for 2009 and joined now by the CEO. And a and DL Douglas Mac Cleland died -- for 2009 how concept. Well."
" You know we your we're growing at a 100% a year. Again for the fourth here tomorrow we'll we'll we anticipate doing about 65. Million dollars in sales this year. Can put eight to twelve million dollars the bottom line for how you doing. Well you know who had -- 210. Markets in China -- over a million people."
" And we should try to take a step back that your -- based here in the United States that you have and fully owned operation in China as well that's correct -- tough little bit about that relationship and is that really where the growth business in China."
" Well for us today Chinese is that the growth market. It is a six. Largest farm market is growing faster than any place else and we're manufacturing Chinese pharmaceuticals for the Chinese. We also have some unique products in the United States that are under development will be expanding this year but. 80% of our sales in 2009. Will be from check."
" As far as regulation endeavor and that your relationship with the government and and that is seems to be. At least portrayed as obstacles for American physicians -- an obstacles from you."
" If it hasn't been -- divisions but. No we have a fully complemented. Executive team in China that are Chinese -- need you know the have managed that business segment for a."
" She's killing feel confident betting on on especially emerging markets mean we we've heard about -- all the time that sound you hear about it anymore but it is China really the next place to be not only for 2009 but for let's say 39."
" Yeah I think it is if he it is in the sense that if you go to Shanghai today it's full of a lot of foreigners a lot of foreign businesses have the -- there. The question is on the secondary and tertiary markets in China where they're still large population basis that is the developing market. That's really the place to be over the next decade with."
" With the new administration. And there's been and some tension seems to be developing between. Being the current administration Treasury Secretary Tim Geithner particularly and and China and that it looks like those tensions could continue to develop that what are your feelings about that. What's your --"
" The Chinese sell us their products we give them dollars. Then they have dollars they have to keep those dollars either traders treasury bills or they buy real estate or they invested in some investment. Of portfolio here. Or they can trade it for another currency but typically they keep notes and and they wanted to know liquid form so they're going to continue to buy treasuries."
" And so as as far as that your concern any of these kind of you know. Heated words -- me alive and I the end of the day and -- okay. They're willing to -- is still betting on China really quick cure anything else you think -- said that as of and pharmaceutical company he. And looking into 2009 mean looking at acquisitions are you looking at made me being -- I think your bias and."
" But I think we have some unique products that have just come on -- and one has her DR -- cancer test. We have a test that was approved by the FDA for the monitoring for colorectal cancer really need product we are just developing the commercialization of that it will be launching that in North America."
" During the first quarter so opens it opens you had been bought them."
" I think that's something that's. -- down the road a little bit -- I could answer that with with thank you so much I appreciate having and perfected it to fall."
Transcript quality sucks, IMO, but here it is.
CEO Douglas MacLellan on Fox Business Network Feb 4th. (link)
http://www.foxbusiness.com/video-search/m/21829361/amdl-ontrack-in-2009.htm#q=amdl
last 30 seconds was interesting
Nice to see the CEO out there. Presents himself very well.
GLTA
http://www.wind-watch.org/
From the Brochure...
"Industrial wind promoters claim their machines
produce on average 30–40% of their
rated capacity. For example, a 400-ft-high
2-megawatt (2,000-kilowatt) turbine assembly
would produce an average of 600–
800 kilowatts over a year.
The actual experience of industrial wind
power in the U.S., however, as reported to
the federal Energy Information Agency, is
that it produces only about 25% of its capacity,
or 500 kilowatts (per year)."
[The average whole sale price of electricity was ~$400=800/Megawatthour-best I could find from a few sources]
I think that's a first step to determine revenues, now just need to know how many turbines per acre and cost of turbine. I'm sure Tony has worked it all out.
http://www.wind-watch.org/publication/windbrochure.pdf
*read the whole Brochure ESPECIALLY the part about WHY communities support them.
TC and renewable energy? My first thought was manure, but I guess he's looking for a bunch of hot air and flames to follow him around. He might have shot at this one. lol. Happy New Year all.
Guinea in the news today. Conte passed, coup d'état (attempted? Succeeded?) who knows. Check the wires. GLTA.
Wow. eom.
That may not be a bad idea. The pick last year by Bob Flaherty fell 60%. But, who amongst us hasn't been whacked by 60% recently? Funny, Flaherty doesn't mention the doubling of the O/S which basically bought the doubling of the revenues from JADE. PPS never changed yoy before the bottom dropped out of the market. That's not relevant here though.
The way I see it, the company still wants $25 million. The Chinese New Year hits the company hard every year, at least that's what they've told us. Given the current credit crisis, and the leverage any Creditor (assuming there are Creditors out there) has on a cash strapped company, there's no way this is going to run before they close on that deal. and there's no way to evaluate EPS until that closing on what could be tens of millions of more shares added on unknown terms. Equity holders in companies needing cash have taken it up the whazoo recently. It's a cr@pshoot here, IMO.
All I know is I can't wait to order DR-70. And look forward to the new CEO outlining the company's plans for the future and getting DR-70 to me and millions of others.
FWIW the Chinese New Year will be the Year of the Ox. Fitting IMO. Good Luck.
How does Newbridge Securities continually and repeatedly find itself intertwined in these types (VOIC EBOF PNGX etc) situations??? Coincidence?? I personally can't accept that as an answer. This needs to be investigated, it's basically a ponzi scheme. Taking money from those buying stock (via PR's and broker/pumper recommendations) and giving it to those holding convertibles (people in the know with inside information). It's a one way death spiral. Where's that ol' Market Watch post of mine?
One question:
"Sandell was previously a party to an action brought by the SEC in connection with alleged short sale violations associated with a certain New Orleans based business, occurring during the Hurricane Katrina crisis. In addition, when I researched the financing history between Sandell and EBOF, I discovered that the relationship was heavily weighted in favor of Sandell in that Sandell initially invested less than $25,000,000 into EBOF, and Sandell’s investment had somehow “blossomed” in a short period of time into a debt instrument worth up to more than $100,000,000. I understand Sandell even demanded and received a personal guaranty from the CEO of EBOF. "
I have no knowledge here, but If I had money invested in Sandell Asset Management Corp, I would want to know if they have or are marking the $100 million "Blossom" in EBOf to market or are Leveraging that in any way? I'd wonder if the "personal guaranty" from the CEO is being used to mark the $100 in a different way. I wouldn't want to get Madoffed with my money. I don't know much but I do know it ain't worth $100 million. I wonder who's holding the bag.
Thanks Coach, I could go on and on paragraph by paragraph from the post and am going to reread it again.
OT Links and thoughts.
1. http://www.chicagotribune.com/business/chi-talk_moneydec03,0,2902061.story
What's next? Maybe cities will buy a shell and sell themselves on bb or pinksheets? If that happens, we're in trouble. Maybe TC can run for Mayor of Milwaulkee.
2.http://www.newsmax.com/headlines/bailout_returns/2008/12/05/158814.html
Only the US taxpayers, would pay above market premiums for warrants for these companies. Go figure.
Who in their right mind is going to buy stock at a price ABOVE the warrant value of Hundreds of Millions, if not in aggregate, Billions of shares? And the US taxpayer is going to profit from this? Only one way, IMO....
If Michael Wachs' CEOcast.com newest client is the US Governemt, we're in trouble.
If Michael Wachs is smart he would hire a lobbiest now.
If the Government does ever exercise those warrants, watch for the mother of all insider transactions before those hit the market (GS will be out a few moths before, I'm quite sure).
I have a lot more we're in trouble thoughts, but two a day is enough for now. lol.
how freaking short the USD are you? LOL.
Later.
LEH doing the pre market Cataldo Shuffle today. eom
"Wonder what happens to ebof shareprice when pngx hits below a dollar?"
Ask the shareholders of APDR.
Gobert: Is natural gas undervalued?
Wilf Gobert, Financial Post
Published: Monday, August 25, 2008
http://www.financialpost.com/story.html?id=747626
A stunning six-week decline in prices of crude oil, natural gas, and energy stocks bottomed out in mid-August. A rally through Thursday last week saw crude oil recover one-quarter of its losses, while energy stocks recovered one-third of losses. However the greatest losses and smallest rally was in natural gas prices, raising the question: is natural gas undervalued?
Crude oil on the NYMEX fell from its early July high of over US$145 per barrel, to a low on August 15 of US$113, a loss of 22%. The rally took crude to US$121.60, a recovery of 27% of the loss. The TSX Energy index followed closely, with a decline of 22% through August 15, then a rally of 9.7%, or a recovery of 34% of losses.
While some observers have noted this close correlation of crude oil prices and energy stocks, a more negative factor for Alberta and energy stocks was the trading pattern of natural gas.
The near-month NYMEX contract for natural gas traded at a 2008 high of US$13.58 per mmbtu (million BTU) in early July, but then declined by a whopping 42% to a low on Aug. 18 of US$7.89, even as crude oil began to rally. Natural gas then rallied a feeble 4.6%. While a barrel of crude oil has a heating content of approximately six mmbtu per barrel of oil, current prices are in a ratio of 14.4.
Note that historically, the ratio is about eight units of natural gas to barrel of oil. Based on that historical average, natural gas should be trading at more than US$14 per mmbtu, not US$9 as it is now. So what's up?
First of all, the ratio of crude oil to natural gas prices is very volatile and trades closer to its ratio of economic value in the winter time, when North American demand exceeds production, with the difference supplied from storage facilities.
In the warmer months, April through October, consumption is less than production, with the excess supply injected into storage facilities. One of the summer supply concerns was LNG imports, which upset natural gas prices in the summer of 2007. However, LNG was never a supply problem in the US in 2008 as high LNG prices in the rest of the world kept the ships away from the US.
Two other issues have combined to disappoint the natural gas supply bulls. One is US domestic gas production and the other is weather.
US natural gas production has risen by over 8% in 2008 compared to 2007, a third consecutive year of production growth from the lower-48 states. Previously, US production had fallen or stagnated for over 25 years. High prices have unleashed the economics of non-conventional sources of natural gas and the US exploration industry has responded.
Two weather factors have also diminished the optimism for natural gas prices. Hurricanes have not caused significant losses of production from the Gulf of Mexico, though it is a perverse psychology for investors hope for short term bad news to affect long term investing decisions.
On the other hand hot summer weather over most of the US is a significant factor in peak summer demand for electricity, with peaking supplies largely supplied by natural gas fired co-generation facilities. For the first two weeks of August, cooling degree days in the US were eleven percent below normal and 29% below the same period in 2007.
The burgeoning US domestic supply of natural gas and the low demand for electricity for air-conditioning, has caused injections into natural gas storage (read: excess supply) for the past five weeks to exceed injections for the same period in 2007, the first time this negative comparison has persisted in the 2008 injection season.
The point is that natural gas prices may be fundamentally undervalued relative to crude oil, but without a major hurricane shutting down production in the Gulf of Mexico, natural gas prices are likely to stay undervalued until the winter heating season might change the supply/demand balance.
Natural gas stocks like Devon Energy and EOG in the US and EnCana should underperform the energy index until winter speculation brings back the buyers.
Wilf Gobert is an independent energy analyst based in Calgary and a senior fellow with the Fraser Institute.
-----Picking up on the fixed price LNG contract, convertible debentures, past history, etc,etc,etc....Might have to go Long LNG and short EBOF and PNGX. Imagine that?!?!? Would management really put shareholders in that position?!?! Where what's good for the Industry is bad for the company? That might surprise some, but not if you know what ol' Willie was bringing to those board meetings :)
--Better hope for a WARM WINTER!!!!!
Actually, mark this post and we'll see in 6 months.
LNG = $7.89 MMBtu
EBOF = .006 (ANOTHER ~90% whack this month, can it go lower?)
PNGX = $4
Speaking of Razrclick, I'm tempted to put in a $100 order for 1 million shares at .0001 I can pump Razrclick to .0002 can't I? Wouldn't 200K buy the company? Imagine the NOL carry forwards on that. I'd never have to pay taxes again?!
On second thought, I probably couldn't pump it to .0002 as long as Runncoach and Bloodhound are around. LOL!