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I am long here so I don't care about this quarter. More states are going to be on board and all major sports at some point assuming baseball figures things out will be happening at one time this summer. DKNG doesn't need fans in the stands they need them at home on their laptops. I am not worried one bit and people should be loading up at this level IMO. All of the golf majors still to come. NBA and NHL playoffs will be going on as football fires it up.
NBA to approve return tomorrow. Should pave the way for the others to quickly follow.
6/11 PGA Tour
6/17 Premier League
Big announcements coming from NBA, NHL (more detailed), & hopefully MLB.
NFL planning out training camp already.
Don't miss the boat!
Someone who knows more than me explain what is going on right now?! TIA
Enjoy that shiny new toy sir! Cheers!
Pretty sure I found them on their website.
Going to be a big day here! Let's go!
Well I haven't sold anything I am just probably not going to be buying anything more either. I am a realist and as much as I want to see these guys blow up I try to look at things from a non biased point of view. I mean this is a message board for discussion correct?
Sorry I can't PM!
We have a limited operating history.
We have no history of revenues from operations. We have yet to generate positive earnings and there can be no assurance that we will ever operate profitably. Our company has a limited operating history and must be considered in the development stage. The success of our company is significantly dependent on a successful acquisition, drilling, completion and production program. Our company’s operations will be subject to all the risks inherent in the establishment of a developing enterprise and the uncertainties arising from the absence of a significant operating history. We may be unable to locate recoverable reserves or operate on a profitable basis. We are in the development stage and potential investors should be aware of the difficulties normally encountered by enterprises in the development stage. If our business plan is not successful, and we are not able to operate profitably, investors may lose some or all of their investment in our company.
We do not expect positive cash flow from operations in the near term. If we are unable to obtain financing in the amounts and on terms deemed acceptable to us, we may be required to scale back or curtail exploration operations.
We do not expect positive cash flow from operations in the near term. In particular, additional capital may be required in the event that drilling, exploration and completion costs for our properties increase beyond our expectations. We will depend almost exclusively on outside capital to pay for the acquisition and continued exploration and development of our properties. Such outside capital may include the sale of additional stock and/or commercial borrowing. We can provide no assurances that any financing will be successfully completed. If we are unable to obtain financing in the amounts and on terms deemed acceptable to us, we may be required to scale back or curtail operations for our business.
We will require additional funds which we plan to raise through the sales of our common stock.
We anticipate that our current cash will not be sufficient to complete our planned exploration program and acquisition of properties. Subsequent acquisition and exploration activities will require additional funding. Our only present means of funding is through the sale of our common stock and common stock equivalents. The sale of common stock requires favorable market conditions for exploration companies like ours, as well as specific interest in our stock. If we are unable to raise additional funds in the future, our business will need to be curtailed.
Our auditors have expressed substantial doubt about our ability to continue as a going concern.
Our financial statements have been prepared assuming that we will continue as a going concern. The general business strategy of the Company is to explore and research existing mineral properties and to potentially acquire further claims either directly or through the acquisition of operating entities. The continued operations of the Company depends upon the recoverability of mineral property reserves, confirmation of the Company’s interest in the underlying mineral claims, the ability of the Company to obtain necessary financing to complete the development of these claims and upon the future profitable production of the claims. Management intends to raise additional capital through share issuances to finance its exploration although there can be no assurance that management will be successful in these efforts.
The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying consolidated financial statement, the Company has incurred deficit accumulated during the development stage of $1,103,766, used $863,546 in cash for operating activities as of December 31, 2011. The ability of the Company to continue as a going concern is in doubt and dependent upon achieving a profitable level of operations and on the ability of the Company to obtain necessary financing to fund ongoing operations. Management believes that its current and future plans enable it to continue as a going concern for the next twelve months.
To meet these objectives, the Company continues to seek other sources of financing in order to support existing operations and expand the range and scope of its business. However, there are no assurances that any such financing can be obtained on acceptable terms and timely manner, if at all. The failure to obtain the necessary working capital would have a material adverse effect on the business prospects and, depending upon the shortfall, the Company may have to curtail or cease its operations.
But then I read the filing and my opinion may have waivered a little!
And I just got to work and had a very nice reply from the CFO and I must say that I was very impressed that he was nice enough to reply. Even though I was already a big fan of this company I am now ready for the ride. Copy of the e mail below!!
Hope your weekend has been a good one. Thank you for your kind words. I think the quickest and easiest way to answer your questions is to provide you with the link to the Form 10 that we filed with the SEC on Friday – please see below. We will continue our efforts to build shareholder value and do so as transparently as we can.
Kindest Regards,
Scott
http://www.sec.gov/cgi-bin/browse-edgar?company=Borneo+Resource+Investments&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany
I like it when Charles talks this way it always gets me looking forward to the news at least he hasn't let me down yet. I look forward to it because it gives us a starting point or something to judge future performances off of.
I think they have been stopped. This is the second BK. They have run two into the ground, and shame on anyone giving them a chance or supporting a third.
I sent the following email yesterday to Scott Chaykin after the pr was released. I have yet to hear anything back and we are on different timezones and I am sure he is a very busy person but if I receive a response I will be sure to share with you guys.
Mr. Chaykin,
I am very pleased to be a shareholder of BRNE stock and look forward to the growth and development of the company. I was just wondering about the reporting status of the company, or if and when the company plans to file financial reports to become fully transparent? The continued effort to acquire and grow the company is fully appreciated but when can the shareholder community expect to see how production, sales, and revenue are progressing as well. Thanks for all that you and the Borneo Resources officers do for us and continued success.
Congrats Saratoga! LOL
Eternal Image (PL) (ETNL)
$ 0.001 ?-0.0017 (-62.96%)
Volume: 150
Eternal Image (PL) (ETNL)
$ 0.0027 ?-0.0003 (-10.00%)
Volume: 18,500
Someone took their $55 and ran!
lmao
This is a definite buy and hold stock. Patience is the play here and it is nice to get the news of new investments but at the same a little frustrating to not get anything else from the company. How is production? How are sells? When are the financial statements coming? Is uplisting still the goal here? I know the company is very young right now and I love the promise that it shows, but it shouldn't require pulling teeth on our part to get fresh information.
BOTHELL, Wash., April 23, 2012 /PRNewswire/ -- Borneo Resource Investments Ltd. (OTCPK: BRNE.PK - News), announced today that it has signed an agreement to acquire 80% of BT Berkat Bumi Waigeo ("Waigeo"). Waigeo holds a 9,601 hectare (approximately 23,700 acres) thermal coal mining concession in the West Papua Province, on the western peninsula of the island of New Guinea, Indonesia. The concession contains estimated reserves of approximately 25 million metric tonnes and measured reserves of approximately 800,000 metric tonnes of high-quality thermal coal.
Nils Ollquist, Chairman and CEO of Borneo commented, "Whilst our concession platform has to date been focused in Kalimantan, the opportunity to acquire this property was extremely attractive, given the quality of coal and estimated size of the reserve."
Mr. Ollquist concluded, "The concession acquisition activities have and will continue to expand the Company's portfolio and increase shareholder value as we build the Company."
Borneo Resource Investments Ltd. Acquires 9,601 hectare Coal Concession
Company adds 25 million estimated and 800,000 measured metric tonnes of additional high-quality thermal coal reserves in West Papua, Indonesia
Early volume today and things are headed back up. Go BRNE!! Show us some numbers so we can get this thing on wheels!!
ST PETERSBURG, FL, Mar 19, 2012 (MARKETWIRE via COMTEX) -- Andiamo Corporation
(PINKSHEETS: ANDI) reports that its quarterly report has been filed at
www.otciq.com.
Andiamo Corporation operates throug h its subsidiary Action App Corporation, a
prolific App development company with over 520 smartphone Apps in development.
ANDI shares are up nearly 300% in the last 60 days. (1/17/2012 vs. 3/14/2012
EOD)
Quarterly consolidated highlights of Q2 for the period ending 1/31/2012:
Gross Income: $451,588 Gross Profit: $356,357
Consolidated EBITDA OPERATING INCOME PROFIT for the quarter ended January 31,
2012 of $38,875.
More specific details can be found at:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=74872
ANDI has also filed the Current Information Attorney Opinion Letter. This status
is coveted because it acknowledges compliance with a much higher standard of
disclosure. Shareholders of companies with this status often experience improved
liquidity due to greater interest amongst investors in companies that have met
this standard.
"ANDI was able to accomplish nearly 4 million downloads this quarter with about
70 Apps in inventory. As we continue to deploy additional Apps towards our short
term goal of over 520 Apps, we anticipate this number to continue to grow. Once
this round of Apps are complete, we will continue to add Apps and see 1000 Apps
in our inventory as a realistic longer term goal for continued growth and
strength of our company.
"ANDI has 153 Apps uploaded to iTunes and in various stages of Apple review with
many more on the way. We have also started our Android migration and now have 13
Apps with over 54,000 downloads. Total downloads (free and paid) now exceed 15
million downloads. Action App continues to introduce new Apps and new revenue
generating opportunities. More information about Action App can be found on our
website at www.action-app.com.
"As a further validation of our business model, ANDI was approached by a larger
publicly traded company for a potential buyout. We were unable to co me to terms
and we felt that ANDI would be best suited to continue its growth plans and
implementation before accepting an offer based on 70 Apps and the resultant cash
flow and download numbers versus the potential revenue and downloads from 500+
Apps," said Dustin Secor, CEO of ANDI.
www.action-app.com
Please see our Safe Harbor Statement at http://action-app.com/statement/
Andiamo Corporation
Investor Relations
Email Contact
SOURCE: Andiamo Corporation
CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=EB05FCF02AD7B441
Copyright 2012 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Internet
; Computers and Software:Software
Computers and Software:Peripherals
Computers and Software:Networking
UUUMMM News is out!
Thanks for the additional information Charles. Have you had any more contact with the company? The news is all good here (even better than we thought really) but the lack of volume is beyond frustrating.
It is my feeling that people will do their own research on product availability and the operation of the company before they invest their money so I don't understand the need to either prove or disprove whether or not EI can get baseball urns out or not.
It doesn't matter which post I got it from. I am saying that you always want proof. You ask for links, or proof and then Gophie says that he has proof that they are not capable of shipping a mlb urn and you say don't bring that to this board.
Please feel free to be more specific as to EI's involvement and provide vettable details as oppossed to insinuation and opinion.
Really Really Good News
..Borneo Resource Investments Ltd. Acquires 3,200-Hectare Coal Concession
Company adds an estimated 28 million metric tons of additional high-quality thermal coal reserves in Kalimantan, Indonesia
Press Release: Borneo Resource Investments Ltd. – 3 minutes 32 seconds ago
....
Share0EmailPrint.....Companies:...Borneo Resource Investments Ltd. . ..RELATED QUOTES.
.Symbol Price Change
BRNE.PK 2.25 0.00
......
BOTHELL, Wash., March 8, 2012 /PRNewswire/ -- Borneo Resource Investments Ltd. (OTCPK: BRNE.PK - News), announced today that it has signed a binding letter of intent to acquire 100% of BT Bumi Energy Kalimantan ("Bumi"). Bumi holds a 3,200-hectare (approximately 8,000 acres) thermal coal mining concession in the Southeastern region of Kalimantan, Indonesia. The concession contains estimated reserves of approximately 28 million metric tonnes of high-quality thermal coal.
Nils Ollquist, Chairman and CEO of Borneo, commented, "This acquisition comes on the heels of our acquisition of PT Integra and will add substantially to our reserves of high-quality thermal coal, greatly increasing the overall value of our coal portfolio."
He added, "This property has been thoroughly explored and has existing geological data and visible outcrops across the concession. We are very excited about this acquisition and anticipate that we will continue to add to our portfolio and increase shareholder value as we build the Company."
About Borneo Resource Investments Ltd. (BRNE).
Borneo Resource Investments Ltd., and through its wholly-owned subsidiary Interich International Limited, obtains mining concessions to explore and develop coal reserves primarily in the East Kalimantan region of the Republic of Indonesia.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. For example, we are using forward looking statements when we discuss the indications that estimate the value and amount of our coal reserves. These forward-looking statements are based on the current expectations of the management of Borneo Resource Investments Ltd. only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in the price of coal, a change in the estimate of coal on our concessions, an inability to extract the coal reserves and changes in Indonesian law. Except as otherwise required by law, Borneo Resource Investments Ltd. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Contacts:
Cinapsys, Inc.
Mark Moline
You are welcome. Thank you for the etnl quote everyday so that we know how the trading is going with this stock.
No one at EI is working on filing. If they were they would have filed.JMO
Feels like there is something brewing here. Bring on the fun. Production numbers, new deals, projections, I can't wait to hear these things from the company itself. This is going to be big.
One can hope that if there is a promo they have some prs to throw out and hopefully a filing. So anxious to see this thing when the information is current and we can get an idea of how business is going for these guys. I think movement with this will be swift.
Since it worked last time I will say that I am ready for some BRNE news again. Maybe just an update on fins and a timeline projection?! Anything will work for me. I am trying to add small chunks and be really patient but I just can't wait to see what happens when this gets some volume.
It isn't that anyone is giving you grief for being optimistic.
It is called evidence. Is there any evidence of anything positive? Is there evidence of things not going the way they do in a successful business and stock? It isn't that anyone is giving you grief for being optimistic. However we all seem to wonder where does your optimism come from? There is no evidence to support optimism.
That is good news. I would love for them to get everything filed and reported so that we could find a bid/ask and stock price so that this can trade and move normally.
I wonder what is going on here?? Charles do you know when we can expect some news or updates from the company?
EOD Bounce coming IMO!!
Someone is walking this down slowly but surely. Where is the support? Does anyone see an afternoon bounce or rally setting up?