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hmmmm interesting. I have read and reread that msg from the IR and maybe I can't read between the lines but I didn't interpret it as saying there was lagging demand. What he DID say was that they sell on the SPOT market rather than have contractural agreements with anyone. How does that remark segue into "gives the impression that there is not currently sufficient demand for the increased production capacity."
I'm not a semanticist...... I just read 'em the way they're written.
I'm not certain they can offer projected earnings. The market is what it is. It's difficult to imagine that they would spend what looks to be a prodigious amount of money if they didn't anticipate demand. But again, that's just me !
Good luck to all of us in these uncertain economic times. Maybe we should all buy yuan because God knows, the dollar sure as hell ain't holding up.
Consider for a moment what you would do to a butcher who attempted to sell you a piece of ham that had turned green, or to someone who tried to sell you a Bernie Madoff investment. The same holds true for those who attempt to legitimize this pile of dung for the purpose of increasing the PPS to the point they can sell and escape with a whole skin. They are beyond redemption in my opinion. It's too bad there are no provisions in the law to prosecute people who attempt to further perpetuate scams such as SLJB. My only hope is that they (the Elmira groupies) reap what they have sown.
Doesn't the same hold true with the entire market ? The last I heard, our entire system is based upon demand. No demand, you're dead in the water.
Contracts generally do not guarantee a mandatory purchase - delivery. I have no idea what the market conditions are in China at the moment. I have read that auto sales have far surpassed those in the U.S. but that isn't saying much. How much demand is there for biodiesel OR the chemicals they produce..........I don't know.
Ya buys yer ticket, you takes yer chances. I don't see CCGY being any more of a gamble than any other Chinese or for that matter, American stock.
But that's just me !
Response from IR for clarification of last PR .......
Thank you for the feedback. Let me try to clarify the key messages in the press release:
1. Construction phase is finished.
2. All necessary equipment has been installed.
3. Company is testing equipment and making necessary adjustments.
4. Once testing phase is finished, i.e. Plant is fully-operational, commercial production will start.
5. Once commercial production starts, it may take 6-12 month to reach full capacity... (The constraint being market demand).
Assuming there are no issues with equipment... Commercial production could start shortly... We will make an announcement when that happens.
China Clean Energy sells mostly on the spot market. That is why you have not seen contract announcements.
I hope this clarifies the announcement.
I wonder if the OSC's legal counsel is aware of how illegal it has been for them to thwart SLJB and it's investor's 'lo these many months. The illegality of their action was dramatically pointed out to them in a post more than a year ago. How did that work out for you 12ring ?
"As stated, the OSC does not have the right to hinder, because they are not above the laws of the people and those laws are very specific. Their blatant shelving of this for an additional 14 months is in fact a hindrance to not only investors in Ontario, but to those outside of it as well, due to the many implications attached to such an order extension. They know it, you know it, we all know it.
I would suspect that the company will soon put out some sort of public statement now that the OSC has made such a move. If not, then it is up to shareholders to move of their own accord to protect their interests. I know for a fact that many will if necessary."
A message to the IR ten days ago was not answered. Sent another message three days ago....still nothing. Not a good sign !
New to the stock and the board. Can anyone tell me what the CE removal is all about ? Thanks
If this debacle ever goes to trial, it will be interesting to see how many of the culprits flip on Vucicevich to save their own skins. They have nothing to gain by standing by good ole Petar and they sure have a lot to lose. It's pretty obvious that Sulja made a deal. With PV's past history, I would think the Crown savors the thought of putting him away for quite a while. What is it with house painters ?
I wonder if the Crown would consider engaging forensic accountants to determine where the scam money went. Offshore accounts are not sacrosanct and it seems to me that it wouldbe in the Crown's interest to attempt to recover as much of the ill gotten booty as possible. Without a doubt, Vucicevich hid what he could when it became clear to him that his derriere was in serious trouble. If you secret away 8-10 million, serve say 4 years in the slammer, that's still 2 - 2.5 million a year.
OUCH
10/16/09
Last 0.032 Change -28.89% vol. 8,275,613
Right offhand I would hazard a guess that Vucicevich's defense attorney(s) will end up with a pretty good chunk of the largesse. Some of Vucicevich's "friends" were the recipients of lavish gifts. I'm sure the local casinos profited handsomely from PV's windfall. Undoubtedly, there is an offshore account collecting interest as this is written. I doubt if any of the "nominees" came away with anything at all other than a bad name. DeVries ?? Anyone's guess what his share was or, for that matter, where he is today. It's my understanindg that the IRS would like to speak with him.
All in all, your money is, as the title of a book wrtiien by Dennis Lehane says....Gone baby Gone.
When I read the results of the survey I was amazed. I smoked for 30 years and nicotine was what your system craved. Unless Chinese are built differently, the low tobacco content cigarettes will be a novelty but they ain't gonna last. Maybe if the government intercedes and bans tobacco products...maybe THAT would do it and good luck with that. What the gentleman says is true...all that happens with low tobacco cigs is that you smoke more to derive the same "benefit".
Fortunately, their business is not dependent upon the success of the cigarette so we will see what happens.
Absolutely amazing ! People are wllling to sell after making a 5% gain. There is a huge faction out there that buys on the rumor and sells on the news. Great investment environment .... not !
You have to admit, they (the henchmen) really had vivid imaginations and could tell a good story. Unfortunately for them, when it began to unwind, they got their little cabooses in a terrible bind. However, since the Canadian justice system is probably the most liberal in the western hemisphere and agencies in the U.S. are TOTALLY ineffectual, the chances of wrist slapping seems to be a possibility.
The S.E.C. denies any and all responsibility for what goes on with pinkies leading one to believe it is a haven for every weasel in the entire world.
I'm just waiting for the Wessal site translation from Elmira, New York stating their position in Sulja Brothers Building Supplies which is due any day now, along with the Crown's apology to Vucicevich.
Nah, it's all over. You remember that Jumeira Palm Island in Dubai ? The one where Sulja Bros was going to make 100 million dollars over a period of 5 years supplying cement ? Well one of the mullahs decided he didn't want to do business with infidels with a Mom and Pop nickel and dime Canadian lumberyard.
People bottom fishing here looking for another run.
Well, I guess you could do what Peter Finch did in NETWORK. Yell "I'm mad as hell and I'm not going to take it anymore" for whatever good it will do you. You can vent but when the government does nothing to prevent fraudulent practices from occurring in the market place your hopes of accomplishing anything of substance are rather slim wouldn't you say ? JUst the cynic in me speaking I guess.
Whoa, getting serious there Titan ? People with scruples seem to be a dying breed. If you don't believe it, look around, watch the news and become enlightened. There are still a couple of openings in management !
If that doesn't appeal to you, how about The David Letterman Jump, Pump and Dump Dating Service Inc. ?
Cayce Anthony Baby Sitters Inc. ? LOGO >> We specialize in Tough Love ?
Or how abut we start Michael Vicks Doggie Day Care Center and sell franchises ?
You mean to tell me you have ETHICS ? Good grief nippalz !
I think a bunch of us disgruntled people should get together and develop our own retirement scam. If we use our imaginations we can come up with SOMETHING that sounds spiffy like a Russian diamond mine. We'll issue say 500 million shares and we'll hire some pumper firms (Quality Stocks, Penny Picker etc.)to tout the living crap out of it. We can finance our retirement and the kid's education. By the time they find out it was a hoax, we will have found safe haven someplace with no extradition treaty not that it makes any difference. The SEC, FINRA the DOJ, all powerless. Look how many fricking thieves have gotten away with it. What the hell, everyone else is doing it. What are we, chopped liver ?
Twitter, the new hype forum.
Unfreaking believable. On Twitter go to SPNG or EDWY and see how many penny stock pushing newsletters, scam pumping "services" there are. 95% of the "tweets" are written by these scumbags.
Makes me want to puke ! Twitter is replacing Ihub as the scam pumping center of the universe.
Been there, done that and all for naught. I spoke to a Mr. Worm .......aptly named and his reply was..... "Well, people still want to invest in this "security". Go figure !
On Thu, Oct 1, 2009 at 10:19 AM, Clem, Pat <Pat.Clem@finra.org> wrote:
Dear Mr. XXXXXX:
This is in follow-up to the E-mail sent to you on May 26, 2009, you May 27, 2009 E-mail and your May 17, 2009 correspondence to FINRA's Office of the Ombudsman regarding XXXX Bros. Building Supplies, Ltd. (XXXX).
FINRA's jurisdiction extends to our member firms and registered representatives. After conducting a preliminary review of this matter, the staff has determined that the Securities and Exchange Commission (SEC) is the proper authority to address your concerns. The staff is also aware that you spoke to Ken Worm of the Market Regulation Department regarding this matter. We are referring your correspondence to the following SEC Office:
Ms. Gloria Smith-Hill, Branch Chief
Office of Investor Education and Advocacy
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549-0213
(202) 551-6330
help@sec.gov
www.sec.gov
For EVERYONE'S information regarding penny stocks and the SEC.........
This is in response to your email complaint filed with FINRA against XXXXXX.
FINRA has referred your complaint to the SEC for review and for response. We understand from you that the Nevada Secretary
of State declared XXXX in default and revoked the company’s corporate status.
Because of state actions against XXXX, you question how XXXX’s common stock securities can trade on the Pink Sheets.
To begin with, we must have an understanding of the Pink Sheets in order to address your concerns. First, the Pink Sheets is a centralized quotation service that collects and publishes market maker quotes for OTC securities. It is neither a Securities and Exchange Commission registered stock exchange nor a broker-dealer. Secondly, the Pink Sheets is a securities informa
tion processor.
Thirdly, the Pink Sheets acts an interdealer quotation system service provider - for which registration is not required with the SEC under the current federal securities laws. The bottom line is simply this – securities do not trade on the Pink Sheets, the Pink Sheets is not an exchange, and the Pink Sheets is nothing more that an electronic flash of quotes and information. The Pink Sheets is a privately owned entity located in New York, New York. Issuers are not required to make SEC filings, maintain current address, or other “going-on” concerns or information on the Pink Sheets. In other words, the Pink Sheets does not have a listing agreement with issuers of securities; hence, it has no other mean of compelling companies to provide information, although many issuers do so voluntarily. The Pink Sheets only has a relationship with the broker/dealers that quote stocks, not with the issuers of the stocks themselves.
Quotes and trading system are only open to registered broker/dealers, and those broker/dealers are subject to FINRA rules and regulations regarding their use of the Pink Sheets.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
NOW, DOESN'T EVERYONE FEEL BETTER ABOUT WHAT THE GOVERNMENT DOES FOR US ??
Oops...up .003 from LOD my mistake
Ended LOD
Price vol.
.05 -0.024 -32.43% 11,956,757
I really don't have a clue. I have the same resources as everyone else...none. If I can't find information online I'm out of luck. The court recorder might be able to help but I'm not certain how to establish contact.
Maybe the Windsor newspaper or Rennie if you have his number.
A few of the "Highlights from the 10-K
First, look carefully at the financial statement
Then read some of the statements.....
Technologies Used to Provide Services
We believe that the initial SOLVE service offering will be accomplished through the integration of the following software technologies:
"Targeting" software - used to pinpoint consumers' physical location and market availability; available from numerous vendors.
THEN READ THIS CAVEAT>>>>>>
EFFECTS OF EXISTING OR PROBABLE GOVERNMENT REGULATIONS ON OUR BUSINESS
As Internet commerce continues to evolve, increasing regulation by federal, state or foreign agencies may become more likely and our business may be subject to increase regulation in the area of data privacy, and laws and regulations applying to the solicitation, collection, processing or use of personal or consumer information. Any such laws could result in a decline in the use of the Internet and the viability of Internet-based products and services, which could harm our business and operating results.
DEPENDENCE ON ONE OR A FEW MAJOR CUSTOMERS
We presently do not have any customers for our services as we are still a development stage company.
3. LEGAL PROCEEDINGS
On February 10, 2000, the Texas Workforce Commission placed an administrative lien on us in the amount of $109,024 in connection with a claim for unpaid compensation by our former employees.
A default judgment was taken against us in favor of Marathon Oil Company on August 31, 1999 in the amount of $326,943 representing past and future rentals under a lease agreement, together with $7,500 in attorney's fees and post judgment interest at 10% per annum until paid, credit towards the judgment was ordered for sale of personal property by the Sheriff or Constable. We believe the personal property sold for approximately $28,000. To the extent that the property was leased during the unexpired term, it is possible that there would be a mitigation of the damages claim in our favor. We believe that some or all of the space was subsequently rented approximately 90 days later. The remaining $306,443 has been accrued in our financial statements under the heading Judgments payable.
Name and Principal Position
ALL IN THE FAMILY Hefty salary for a business that has no business
Total ($)
Gary F. Kimmons(1)
CEO, CFO and
2008
300,000 60,000 N/A N/A N/A N/A 135,000 495,000
Chairman of the Board
2007
240,000 50,000 N/A N/A N/A N/A N/A 290,000
Lance Kimmons,
2008
88,000 N/A N/A N/A N/A N/A N/A 88,000N/A
Director
2007
N/A N/A N/A N/A N/A N/A N/A N/A
Kathryn Kimmons
2008
85,300 N/A N/A 85,300N/A
Secretary and Director
2007
Legal action ? And how would you go about this legal action ? You would file against whom ? Attempting to get the SEC to do ANYTHING that remotely resembles action is virtually impossible. At one point, FINRA was contacted. That is even more of a laugh than the SEC. You have to realize that you are jousting with bureaucratic windmills here. Pause for a moment and think about the Madoff case. It took the SEC how long to move against this creep and they were notified many many months prior to their taking action.
Good luck with your legal action. Maybe you can find an ambulance chaser who will work por bono, yeah that's the ticket !
FRIDAY, everything on my watch lists is down
eDOORWAYS Corp EDWY:OTC Education help is ON
Sector: Technology Industry: Software & Programming
0.046 -0.044 -48.89% 5,578,034
Ooops, guess the market's perception is one of skepticism
Today is the day. Maybe PV will enter a plea unless his attny can come up with another delaying tactic.
Betting lies in the following categories:
1) enters a plea of not guilty... a trial date is set for Oct. 2012
2) enters a plea of guilty but with extenuating circumstances (the DEBIL made him do it)
3) enters a plea of nolo contendre ... yeah, that's going to happen)
4) attorney asks for a continuance while he further studies the intricacies of the case
5) Vucicevich asks for an apology from the Crown and monetary compensation
6) Vucicevich is a no show having fled to Lebanon or the Arab Emirates where he fits right in because he is so fluent in so many languages.
There are several other scenarios but they are less likely to occur.
Look at my msgs. and you can see I was touting this thing on other boards until I realized what they were doing.
You aren't threatening me by any chance are you ? Shorting ? I have never shorted a stock in my life nor was I trying to drive the price down. I sold this puppy and have gone happily on my way.
I posted for jjves who seems to be a bit nervous. BTW how's your silver investment doing ? LOL
We had realized that the software company’s data feed software shared many, if not most, of the underlying principles of eDOORWAYS’ “Power Key” model. The data feed software, which listens for subscribed symbols (e.g. “RIMM”), distributing real time quotes to all subscribers following “RIMM,” will process the same functions for eDOORWAYS’ “Power Keys.” This will allow real-time notification for business subscribers when consumers search for subscribed keywords in the “SOLVE” or other doorways.
So their "mining" for prospects entails recognizing your searches for keywords, i.e. new roof, new car, divorce attorneys, etc., grabs your IP # and forwards it on to the applicable "subscriber" business. If there is a sale completed because of their spy program, they expect a piece of the action ? Do I have that right ?
It's like when you shop for a contractor online and you fill in your name and phone number and you receive a hundred soliciting calls only THIS is insidious.
Let me stand in line for this one.
Click on HISTORICAL and the stock has been dormant for a long time. Became a yawner.
jjves...read this and determine if you see a moon rocket in the making. Then determine what you can live with, maybe a double dependimg on your buy-in price ? When/if it reaches your target, get out. You can always buy back in.
Austin Texas is their business hub. Last I heard, Austin wasn't exactly the GIANT of industry. A national rollout is expected ?
eDoorways will open its initial SOLVE doorway, covering the Austin, Texas market, on October 1, 2009. A market-by-market national rollout is expected to follow.
Not panic selling, just the usual profit takers. Lots of people day trading this
" not the greatest 10-k by any means " I would go a bit further and say it was dismal, almost embarrassing. If they can pull this off they should have an act in Cirque du Soleil. Thursday should be interesting