Replies to post #186082 on Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[Seminole Red]

BUT NISNT IT BEST FOR FRANK TO OWN 53% in case someone comes in and buys 26bb shares frank wont lose control...

[bige2533]

You knew all that and you invested??

[skunksyard]

"You're seeing the market react to all this:"

no I don't Itesprit....if what Frank said is true and I have no evidence that it is or isn't but let's say what he said (that there is a restricted to non restricted conversion going on) is true...then there's a barrel of shares and a bucket of buyers and each timeframe we've gone down in pps to accommodate the exercise in the sale of the barrel of shares...once emptied I'm hoping that's it...and news then has some impact on QBID...

It's like the over production of any product...the price is reduced to meet the supply/demand....over production=shares being let go

Your example jumped into an IPO and ignored the historical costs for Frank Olsen and his yearly cost contributors so anything after that in your argument in my opinion is not applicable to QBID's (TMM) situation...and these costs reflect an 8+ year effort....

[Charlie48]

itesprit-well said --some of us have been pointing out the obvious for some time:

Posted by: Charlie48
In reply to: nostinkinc who wrote msg# 101810 Date:4/15/2005 11:06:44 PM
Post #of 186012

nostinkinc

well put--- I think the simple answer is usually the correct one. Common sense and looking at the normal patterns for pink sheet companies is helpful.

Companies RAISE their authorized when they have run out of shares to issue. Triangle has RAISEd their authorized twice in the last year: first from 15 billion to 28 billion and then again from 28 billion to 50 billion in August '04.

In the absence of clear,current information from the company I think the simple,common sense answer is to assume this is like most every other pinkie and that the outstanding number of shares is now in excess of the 28 billion figure.(since why else would the A/S be RAISEd?) In my opinion since 8/04 I'd think they have issued at least another 10-15 billion shares which puts the issued number at over 40 billion. (all in my opinion but it could all be easily cleared up by the company)
___________________________________________________________

Posted by: Charlie48
In reply to: None Date:2/10/2005 11:56:35 AM
Post #of 186012

Why did they RAISE the A/S from 15 to 28 billion and then again to 50 billion in August if they hadn't issued the shares? Its not complicated. Keep it simple folks.

(Answer:companies RAISE their authorized when they have run out of shares to issue)

[TheDukeOfEarl]

Yes itesprit and I am the prince of arabia. You must have brown eyes. Its a sign that you are full.

[behoof]

Itesprit..... Thanks for the chuckle

[kyredneck]

Itesprit

“I'm a QBID investors, just not a pumper. I think this venture has tremendous economic potential and I'm vigilant in seeing that the minority-shareholders enjoy their share of any economic gain commensurate with the economic risks we've faced.”


I for one, am very glad to have you as part of this forum, and I greatly appreciate your efforts/willingness to share with us your knowledge and expertise in business and finance.

"He who knows not and knows not that he knows not is a fool.
Avoid him.

He who knows not and knows that he knows not is a child.
Teach him.

He who knows and knows not that he knows is asleep.
Awaken him.

He who knows and knows that he knows is a leader
Follow him."

Author: I know not.

I do know this, I place Itesprit soundly in the last category.