The two party system sold out to lobbyists and special interests. Look at the Iran nuke deal as one example of today's insane conflicting agendas laid bare. Dems don't want more drilling, here, for enviro reasons, so they favor Iran pumping out cheap oil which also helps consumers at the pump. GOP wants sanctions in place to benefit big oil who are big campaign donors. Israel wants a U.S. war with Iran so it can take back the West Bank and Jerusalem. The Saudi's want no deal on sanctions to keep their petro margins high.The Russians want sanctions lifted so it can sell armaments to Iran. China wants the same thing, plus cheap oil since it is a 100% importer, along with choking coal carbon pollution in most urban areas. The only one really telling the truth is Iran... we want our oil money.
I am no apologist for Iran's 20 years+ as a rogue nation. But the pile of total BS being expressed over his deal speaks volumes about how little real truth gets sad in politics, anymore, both here and elsewhere in this sorry world.
The laundrywoman must be drinking Woolite again. The 20-F clearly shows the AUDITED assets added to NEWL's balance sheet. It also clearly shows revenues added by acquiring the assets on the AUDITED income statement. Are you claiming that the auditors are also part of an illegal conspiracy that includes the U.S. government, big banks, big law firms, several financiers and the senior management groups at NEWL and several other organizations?
Even a small gain by NEWL is enough to put stinki, newlchinascam and the laundrywoman on suicide watch.
Trump is so fake, even his hair is bogus. But if you find him sexy, you must be over-the-top for Caitlyn Jenner.
Then when his fortunes improved, did he go back and make amends? NO! He kept it all for himself.
"What's yours is mine. And what's mine is mine." Trump netted $ billions by gaming the legal system. Sounds a lot like Messrs. Ackman & Berkowitz.
How would you classify GOP former Senator Larry Craig?
Ah, yes, another arbiter of the esteemed Moral Majority.
Don't confuse these greedy dreamers with facts. What's wrong with you? "Fannie and Freddie were stolen."
Get on the bandwagon. That's how you become wealthy... do as the hedgies do. Mindllessly latch onto any rationale they offer up to justify some ginormous gain... then wait for the hedgie lawyers to work their magic.
It's called GAME THE SYSTEM. It's the selfsame mechanism used by Donald Trump to amass enough wealth to run for POTUS. "USE" the legal system to take $B's from others via courtroom maneuvering to transfer wealth from others to yourself. Trump wiped out gobs of debt to reorganize, fully recovered, himself, then stiffed the guys he gutted by keeping all the goods for the "new" Trump empire. Bet few creditors taking n extreme haircut on money loaned to The Donald to buy Resorts International or fund the Trump Taj Majal will be voting for him, anytime soon.
At the moment NEWL S/P is unchanged so who cares? And why would you celebrate a decline in S/P? You can't short it, you own none of it and, actually, have no reason to be here, let alone celebrate anything.
So let me guess. You think YOU will look better if others lose lots of $$$ on NEWL stock like you did. Well, LOSER, you may get part of your wish and others, including me, can lose their investment in NEWL. That actually could happen. But the simple truth is that all you will ever be is a LOSER, just maybe a loser with some company with which to commiserate.
What a sad waste of your life. I pity you.
Sorry, little loud-mouthed dreamer, but you haven't taken the time to review Newlead Holding's AUDITED balance sheets where assets have grown from 62M to $190M in the period 2012 to 2014. Title was taken to the new ships and they are already active in the revenue-producing stream. Newlead purchased the rights to mine in two coal properties it bought and paid for. The fact that some title issue remains is likely a function of working capital needed to bond out the reclamation of the property when coal resources are spent. This is a Federal requirement for all surface mining operations, as you would know if you had watched any of the recent U.S. Open golf tournament at Chambers Bay GC that was held on a course reclaimed after surface quarry-mining ops ceased.
You talk a lot but you really don't know much.
Ridiculous conspiracy theories that the cretin "m.launderer" even alleges include Federal officials he says committed criminal acts.
Go wash your mouth out with soap and seek help for any fantasy theory lasting longer than four hours.
Thanks, tragesser. These bashers count on how few investors study an entire sector. This makes it easier to attack an individual company like Newlead by ignoring how many other companies in the shipping sector are facing similar challenges.
You are not very good at mathematics. If you factor in the reverse split in my scenario, my model's numbers are entirely credible and actually relatively consistent with enterprise value for Newlead Holdings.
High-risk/high-reward. This is just the first baby step in the S/P restoration process. No quick fix coming. From $.0002 to $.02 with Greek bailout. $.02 to $1.00 with 1/50 R/S. Relist to Pinks = $1.00 to $2.00. Recovery from European recovery and improvement off record low Baltic Dryship Index = $8.00 to $10.00. NASDAQ relist to $20.00 - 24.00.
Lots of mileposts to be met and risks to recovery. Litigation is an unknown I cannot factor into my model.
This is probably a 3 - 5 year turnaround, if it succeeds.
JMHO. NEWLEAD is a bit behind FreeSeas in navigating much of the same negative landscape, even including toxic financing from Hanover which beleaguered both companies, again IMO.
Here's the sequence of events that bear watching. Greek rescue approved by parliament. Eurozone recession ends. TransAsia mess settled. Baltic Dryship Index recovers. NEWL uplist off grey market exchange. Revenue growth. Another R/S. NEWL relist on NASDAQ.