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No. The co. name is Clayton Dunning Group, Inc. The website you linked is, I believe, an affiliated company which Robert Lau is involved with.
Chris and Robert have done business with each other, and probably continue to do so. I'm not sure of the nature of their relationship, but there are a lot of companies with a variation of Clayton Dunning in the name.
I'm not sure that there is a Clayton Dunning Group, Inc. website.
Umm, it may have been the wrong Clayton website. Others have found many companies with Clayton Dunning in the name....not necessarily this company. Check the corporate affiliation carefully.
Robert Lau is NOT involved with this company. He was at one point, but sold his interests - I guess - but he no longer is an officer/director.
I doubt that Lau will respond.
No...I've been here since last July. That's been the deal. An empty shell, debt free, NO PUMP.
Chris' famous statement - this is a paraphrase "I know what I'm doing and I'm damn good at it" is about all we've heard. But, there has been news of a RM, and more people have come by and gotten involved...even a few bashers, but that's been the funny part to seeing the bashers. Those of us who've been here a while, and are well familiar with the names, know that there has never been a pump on.
I'm not worried about his lack of a formal presence. Just watching, waiting, sometimes buying more.......
Chris Messalas has been very quiet as far as responding to shareholders and ihubbers. Don't expect a response unless there is a news announcement or other PR.
Nov. 23, 2007 is the effective date.
Lots of ACC connections....I went to UVa - take pity on them in hoops, their salad days are behind and in front of us, but not in the foreseeable future.
My niece is at Clemson; I'll have to text her condolences.....
Make sure you have Vista drivers - I hate Vista, but have my wife's Vista desktop and my son's Vista laptop (Toshiba_ connected to a Netgear wireless router.
You may bneed to uninstall the tcp/ip and then reinstall it. Also, check the type of security you are using, like WPA....make sure you have the encryption levels set the same and use the same passwords.
It's a PITA to set up, but then you get to deal with network shares for file access.
Try Network Magic. http://www.networkmagic.com/ I've tried it and it seems to work pretty well. I think they now have it tweaked for Vista, too.
If all else fails, you can always remove Vista and install XP. Much better, imo.
But if the shares were placed in escrow, then they wouldn't be available for inclusion in the float, even tho issued.....
Maybe my ignorance is showing, but doesn't the AD show introduction of free trading shares? Not just, necessarily, newly issued shares that are not trading.
just supposing.
Thanks for the explanation.
A Broker friend of mine sent me this link when I asked him about Beijing Xinwei Telecom Technology Inc. http://prweb.com/releases/2008/3/prweb782754.htm
He asked me if the planned merger was being put together according to SPAC guidelines. Idon't know.
Do any of you know what these are?
He also said "If they were to merge with this shell company under the revised SPAC guidelines, where usually about 93% of any money raised is put in escrow, with an 18 month time frame to put the deal together" then it might be a good deal.
Comments?
Thanks, lem - I agree with you completely.
The time frame I had in mind for exiting was 2-3 months, but no more than that.
I've actually already taken some $$ out of INIX and redistributed it in CGGP. That may turn out to be a foolish move, but CGGP is poised for a nice reverse merger. No PRs out, but there has been at least 2 news articles from Chinese press about Xinwei Telecom Technology Inc.
Do your own DD, if inclined. This is all imho.
LOL! Yeah, I think I'd have 2.68 shares...wow, that and a five spot will get me a Big Mac!!
Thanks. I was out this afternoon and didn't check the daily list. But don't they have to file a 14C?
This underwent a R/S last year....never went anywhere...can you give me a link to the 14C? Thanks
Btw, Clayton is Robert Lau's middle name.
Oh, I understand about him wanting control of his baby. Years ago I had a small closely held corp. that was developing collections software for debt collection firms and lawyers. There were three of us working on the coding, formating, legal issues, etc.
After we had the pgm running, we were field testing it. Our third partner, who was doing the coding, got too attached and would never finish the pgm so we could sell licenses....even after we had marketing lined up, the pgm worked well. But it had become her "baby" and she couldn't let go and let it out of the nest.
Long story short, the software was never finalized so the business went down the tubes.
BA, I know that, and I remember last Fall when it was brought up. My point, and my concern, is that Salon City could be crippled as a going concern after Steve and Annie sell enough of their stock.
I truly think that the company, Salon City, is stronger with a longer deal in place for investors to rely on. And, in the event that there is a buyout offer, it makes the transaction more lucrative to Steve and Annie with that long term license in place.
Thanks. I have run across him a few times before...very educational. I learned about INIX (2nd time around) and FRGY from Stevenvegas and his Roll the Dice board.
I'll add and watch the wealth university board.
Btw, lem is right to be wary of INIX; they had a R/S last year, I believe, and the CEO, Spadafora, diluted like crazy, as I understand it. Stevenvegas and Matta run MECPromotions and are promoting/pumping INIX and FRGY - read their disclaimers. I think you'll be good for a few months, as they compensation is restricted stock that they can't sell for 6 mo. After that, watch out. But in the short term, I am in both of them, a little, like you. I've made some $$ on both stocks.
GLTY
Frankie and BA:
Today I really want to listen in to the CC, but my son's HS soccer team opens its season this afternoon - he's a senior, so I'd rather be outside than in. Anyway, while I could call in on my cell, it's really windy today, so I think that would be disruptive.
Anyway, I wanted to ask if one of you would be kind enough to ask Steve a couple of questions for me. Phrase it/them as you wish, but the gist of my concerns are below (thanks in advance):
There is concern that the license agreement for the name "Salon City" is terminable w/ 30 days notice. I understand that Steve and Annie want compensation, and rightly so. However, since there is so much goodwill associated with that name, why don't they give thought to a longer term license agreement. Keep the annual compensation, but make the length of the license agreement for a MUCH longer term of years, rather than a "non-exclusive" grant; condition it upon the continued solvency of Salon City, Inc., but add some continuity, some type of permanency to the grant of the name. Otherwise, it will be hard to attract more sophisticated investors based upon the lukewarm 10KSB.
License Agreement
On September 7, 2007, we entered into a License Agreement (the “Agreement”) with SC Communications for the use of the “Salon City”mark and name in connection with our business. In the Agreement, SC Communications, as the owner of the trademark and service mark “Salon City,”granted us a non-exclusive, non-transferable license to use the mark “Salon City”as our corporate name and in connection with publications, award shows, beauty salons, beauty relating industrial promotions and beauty related products, in return for consideration of three percent (3%) of our annual revenues but not less than a minimum of $15,000 a year. The initial term of the Agreement is for two years and is renewable annually thereafter upon notice of renewal by SC Communications to us during December prior to the next year term of the license. The Agreement may be terminated by us with written notice to SC Communications at least thirty (30) days prior to the anniversary date of the Agreement. SC Communications has the right to terminate the Agreement for cause upon thirty (30) days written notice to us.
and
We only license the name “Salon City”from SC Communications pursuant to a license agreement and upon expiration of such agreement after a two year period, SC Communications has no obligation to continue providing such license under reasonable terms or at all. Termination of our license to use the name “Salon City”would have a material adverse effect on our business.
SC Communications, an independent company controlled by Steven and Annie Casciola, our president and vice president, licenses the mark and name “Salon City”to us for use as our corporate name and in connection with our publications and beauty related promotions. SC Communications is not obligated to continue providing such a license to us under reasonable terms or at all, other than for the current two year term. There is a risk that SC Communications will deny us the use of the “Salon City”trademark at some point in the future and such trademark is the hallmark of our business. Any such denial would have a material adverse effect upon our business.
Slightly OT: I am largely on the sidelines with these 4 (PTEI, CRVV, EIGH, CNVG) but its like watching a car crash on video...you already know what's going to happen, but you just can't resist watching the crash again and again and again.
Watch SLON and CGGP; SLON is in the uplist process from pk to OTCBB - FINRA is doing review prior to uplist, and CGGP is R/M with a Chinese Telecomm co. that has $235M US revenues - up 150% today.
You know, Janice, it's simply too late for me to do your homework. You ARE like my kids when they were three years old.
Daddy, why is the sky blue?
Because of physics and space and the distance between where we are and where the atmosphere begins.
Daddy, what is physics?
Daddy, what is atmosphere?
Daddy, where is space?
Daddy, why is the sky blue?
Son, it's because God is a Tarheel.
Oh. Daddy, what's a tarheel?
But, since I've seen you before, though not here before today, at least, not that I recall, then I guess I'm probably gonna make some money.
Another ihub board has picked up this story.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=27787721
Wrong company. Robert Lau was involved here, (CGGP) but not any more. If you read thru the website that Veritas77 linked, you will see Robert Lau's name. He's gone from CGGP.
I got a couple of fills at .002; both were fairly quick.
My first purchase was July 25, 2007....patience pays!!!
Thanks for the note. Words of caution are well advised and noted. I just hope there is a similar run here as at CGGP; because the deal structures are so different, I would think a similar run here would be more stable. GLTY.
FWIW, I've been playing the waiting game w/ CGGP for months....today there was a R/M announcement w/ a Chinese telecom co. w/ $235M US revenues last year.
So far, CGGP has gone from .0006 this morning to .0025 right now! So, I'm optimistic for SLON, too!!!
I doubt that there will be anything meaty in the CC, or immediately before.....markets are closed on Friday - Good Friday, Easter weekend.
I'd guess most are sitting on their hands waiting for next week.
Here is the person listed w/ Clayton Dunning:
Jean-Sebastien Jacquetin
Clayton, Dunning Global Partners LLC
The topic is PIPE Investments and Other Emerging Trends.
Pardon my ignorance, but what is a PIPE Investment?
I guess my first question is whether or not any of the players here have ANY connection to Medify or Petel or Cannonball800 or Columbia River.....I don't like seeing JB's fingerprints anymore.
Plus, this way, if the MM doesn't file the 211 when Steve pr's it, there would not be a drop in pps due to unmet expectations.
That would suggest that principles in Chinese companies can disclose inside information......
OK - you got my attention, but it is very short. What's the deal here?
Just curious......why does EFFC have a Director of Hardware (Daniel Pilon http://www.ecnholding.com/index.php?option=com_content&task=view&id=32&Itemid=56#Daniel%20Pilon ) and a chief hardware engineer (Cliff Harris - http://www.ecnholding.com/index.php?option=com_content&task=view&id=32&Itemid=56#Cliff) if they are no longer selling hardware, but instead are supposed to be focusing on software solutions?
I realize that....but AUDITED financials were promised sooooooo long ago. That is my point
I've been waiting and hearing that the fins are coming, the fins are coming.....you know what? It sounds like someone crying wolf, only instead of calling for help, we are seeing the fins dangled before us like a carrot is dangled in front of a work horse.
You can certainly believe what you want; I don't think audited financials, or ANY financials AT ALL are going to be be filed. Too bad.
I thought this was gonna take off...even got a friend to invest. Fortunately, we're still friends.
Yeah, but that doesn't include everyone who holds in street name with a broker like Bank of America or Wachovia.