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  • oneouncepercapita oneouncepercapita May 19, 2011 11:00 AM Flag

    a few items, and further info on the Phantom shares

    so far this morning i spent over an hour searching all my notes. i was/am looking for the term used to describe the I.O.U. shares that i believe undoubtedly are out with NEWN
    before i get into this, while looking through all the notes, it dawned on me how successful all the mis/dis-information, diversionary posts and topics have much so that some very important items [positives] have gone totally unmentioned, forgotten. let me give just one example of what i mean:

    remember last QTR/end of 2010, when we first heard about the "Trial" of hooking-up meepower to the China Unicom Kiosks. for those who don't know because it hasn't been mentioned since, they "Tried" placing just ONE item in 3 Kiosks. it went so well that China Unicom OK'd lacing 5 meepower items in 39 Kiosks [and Kiosks, unlike here in the US are major Retailing points]. Well, these 39 Kiosks was what "was" where NEWN stood on 12/31/10, and an area that NEWN was working on expanding. you should recall these were all High-Margin, High-Profit, Items. with all the distractions we totally forgot this...nobody has speculated as to how many more Kiosks will be reported and how many more items might have been offered this past QTR....but we do know that just the 39 with 5 items....this will be the First QTR to include these Sales

    China Unicom confirms a multiyear agreement to sell the iPhone in China

    No more time for rumors, it is now official. China Unicom and Apple has officially announced the settlement of a multiyear agreement to sell the iPhone in China today. As our sources have confirmed with us earlier, they are gearing up for a fourth quarter launch this year. so, let me mention this before i get into the Phantom Shares, the Naked Shorts, and how many I.O.U. "Shares" may be Outstanding....paste below re: Kiosks:

    Since late 2010, New Energy's distributors have increased sales to 39 China Unicom kiosks after a successful pilot program with 3 kiosks in October 2010. The pilot program initially included one MeePower® product for the iPhone 3 and 4, but due to strong demand for the products, participating distributors have expanded MeePower®'s product offering to a total of five products and increased the number of China Unicom locations selling New Energy products ***from 3 to 39***. The Company's distributors are ***actively looking to increase*** the number of China Unicom kiosks*** selling MeePower® products and further expand the numbers of models offered***.

    New Energy sells consumer electronics mobile charging products in ChinaChina under the Anytone® brand., The MeePower® brand was established primarily for international markets where New Energy is actively pursuing distribution
    primarily under the brand name Anytone® for leading consumer electronic and cell phone manufacturers. New Energy's "Made for iPhone, iPod and iPad" mobile charging product line are sold to consumer electronic stores and cell phone retailers in 25 provinces throughout

    "After careful consideration, we decided to market our MeePower® brand in China through China Unicom at a premium to Anytone®-branded products sold to other retailers. This has allowed us to sell ***more high margin products*** and to have our products sold by a marquee customer like China Unicom," stated Mr. Yu.
    ~and a big plus on top of this is China Unicom's agreement with none other than Apple, and here is NEWN offering replacement parts and even bundles to two Giants...AND this hasn't been mentioned

    China Unicom confirms a multiyear agreement to sell the iPhone in China

    No more time for rumors, it is now official. China Unicom and Apple has officially announced the settlement of a multiyear agreement to sell the iPhone in China today. As our sources have confirmed with us earlier, they are gearing up for a fourth quarter launch this year.

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    • Nice post.. the one item that sticks to my head is a bump from 3 outlets to 39 outlets.... wow !

    • Thanks for sharing!

    • Thanks for this. When (and if) trust is gained in this company, we'll be talking about business and not illegal shorting.

      Where the heck is rodman renshaw? Kind of weird for analyst to remain silent through all this crap.

    • now, about all these FAILS To Deliver, Naked Shorting, and my search for the term i had come meant an I.O.U., it was something like, and maybe was, an Equity Entitlement

      its what gets used when all the Buy Orders are supposedly "Filled" by a Naked Shorter that evolves to a FAIL to the Buyer and Buy Interest does NOT Buy into existing Inventory...of course this causes the share price to remain static, unaffected, it doesn't rise because the FILL is made by....?...Nothing...nothing more than an I.O.U.....but just how many of these IOU's are out there...and you can't rely on the dtcc to tell you. i remember when a congressman mentioned that their response was off by 25-fold

      i'm searching here and if anyone knows this Term could you Please post it...i don't think there are any "real" shares availble, not at this price...boy, would i love to hear that our CEO decided to put that $9.2 Million to use Buying NEWN shares and getting the Certificates. can't wait to see where the share price goes when there is absolutely no doubt that Ownership of Shares accounts for the Total available...this could be the greatest Short capture of all time....good time to Add and put that GTC @9.99 or use an IRA account...its a Cash account and shares can't [aren't supposed to] be lent
      The Nitty-Gritty Of Executing A Trade

      when an investor buys and sells stock through a brokerage firm that acts as the principal to a trade, the firm will use its own inventory on hand to fill the order for the client. With this method brokerage firms earn extra income (over and above the commissions charged) by making money from the bid-ask spread of a particular stock. (To learn more, see Why The Bid-Ask Spread Is So Important.)

      Agency Trading
      An agency transaction is the other popular method for executing a client's orders. More complicated than regular principal transactions, these deals involve the search for and transfer of securities between clients of different brokerages. The increasing number of participants in the securities market and the need for extremely accurate bookkeeping, clearing, settlement and reconciliation make ensuring the smooth flow of the securities markets quite a task.

      Agency transactions are comprised of two distinct parts. First, your brokerage needs to bring your request to the appropriate market in order to find a party wishing to assume the opposite position. So, if you wish to buy at a certain price, the broker needs to find someone wishing to sell at the same price and vice versa. Once both parties are found, the exchange records the transaction on its ticker tape, and an exchange of money and securities between the parties occurs on settlement.

      The second portion of the agency transaction occurs after the trade is completed and has been properly documented on the exchange. This portion is commonly referred to as clearing. While all brokers maintain individual books recording the entire amount of buy and sell orders transacted by clients, the actual act of clearing these transactions is handled by a larger institution. In North America, the institution handling the vast majority of clearing and safekeeping duties is the Depository Trust Clearing Corporation (DTCC). In 2001 alone, the DTCC delivered over $120 trillion worth of cash and securities.

      The Basics Of The Bid-Ask Spread

      Supply and Demand
      Investors must first understand the concept of supply and demand before learning the ins and outs of the spread. Supply refers to the volume or abundance of a particular item in the marketplace, such as the supply of stock for sale. Demand refers to an individual's willingness to pay a particular price for an item or stock. (For more insight, read Economics Basics: Demand and Supply.)

    • 5 stars Oneounce!!! Great post.

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