Increased to 300M and they already diluted into it. Outstanding is now 204M. I raised this issue with Paul a few weeks back and he never replied. Guess he didn't want to face the music, until he had too.
If this is the first quarter report, they actually set a record on getting it done. I wonder why?
Another id has to ride in to give you cover. Bet you're the same person. I would wager this in not the first time the depeche has snuggle up to your hindend. No ones buying what your shoveling. Shorty got it handed to him. Two losers.
Wow, two hours ago you didn't mention any of this. I knew that sandybeachdave was a pitch, so you could try and save face here. Shorty you just got it handed to you.
If silver is worthless, then why not settle in the metal? There are 17M ounces standing for delivery in the comex. Will they announce cash settlements there also?
Sentiment: Strong Buy
Will it ever get done. Rhetorical. Been going back and forth with Paul. I have refused to post anything positive. I didn't want to create any hype. To be honest, I am suspicious of anything they say. I spent last week pointing out the word Fresh Cut, a term paul used. I googled it and the first response I found was that it's used in Con games.
I point blank ask paul, if he vetted these bankers. His response was that the bankers have skin in the game. (my words for his response). He gave me an amount, but it sounds too good to be true. Just like JN had skin in the game. I do not have a good feeling it ever will get done. almost 6 months being drag out. I also do not care what, temp,vmax,bad and any of his other of his ids have to say about this post. Just remember you fell for two RTO's, we only one. I doubt any long here would immediately after this falls apart, would charge head long into another RTO. Only a moron does that.
Just wanted to get a few things off my chest.
Are you talking about your crediability or BMGP's?
You never seem to address how you fell for two RTO's. After getting it handed to you on TTCH, you led the charge on our China deals. You changed your ID from stalag to vmax, because of baggage it carried. Whose the bigger #$%$, BMGP or Vmax?
56 page outline. It doesn't look very promising from what I read. Cannot get to excited by this:
Submission from BioElectronics Corporation
The request seeking a change in classification from Class III to II from BioElectronics Corporation propose that all SWD devices are thermal. They are proposing that their devices should be available with an over-the-counter (OTC) designation. Currently, thermal SWD devices are regulated as Class II devices, and have only been cleared for prescription use (product code: IMJ). BioElectronics is specifically interested in the OTC change as well as a change in classification to Class II for their devices for the indications of treatment of “relief of menstrual pain and discomfort and relief of musculoskeletal pain.”
The purpose of this meeting is not to determine what qualifies as thermal or nonthermal SWD, nor to recommend whether the existing prescription use devices can appropriately be used as OTC devices. OTC use of nonthermal SWD or thermal SWD has not been classified by FDA. These discussions are not applicable to the overall classification of the SWD device. Furthermore, the indications for use included within this request are outside the currently cleared indications for use; hence, they are beyond the scope of this classification proceeding
Theres a 56 page review and it doesn't sound real positive. Sorry, wish I could post the opposite.
Can they get the costs down to pennies a test? 30 minutes, ours does it in 10 minutes. There's always room for competition. Kodak found it out the hardway, so did Sears and kmart. It's really a shame how you have to use scare tactics to make your point. How's VAPR doing, not so good. How will you ever going to get to breakeven on that stock. $153 a share is your breakeven point.
Thanks riley. I got a reply from paul earlier in the week. He didn't say anything about plan A or B to me. But did state they were having a discussion with the banker.
This board has been quite. Think it best that if news happens, that it just happens. The less we say the better. Let the pieces fall where they fall. They have to be running on empty in the check book.
Maybe it had to do with what Turk pointed out:
On that note, James Turk did an interview with King World News yesterday which really caught my attention for a number of reasons. One of them had to do with Barrick’s Pascua- Lama operation in Chile…
The short position in both gold and silver is now so huge, it won't take much to push the shorts into a buying panic. I have been looking for possible triggers that could panic the shorts, and we got a hint last week of one possible event which may do this. Because of various problems, there have been news reports that Barrick is considering what to do with its huge Pascua-Lama deposit after a Chilean court ordered it to stop development work.
The project is already well behind schedule, with big cost overruns from its initial plan, but here's the important point: The market has been expecting that when production begins, the mine would produce 800,000 ounces of gold and 35 million ounces of silver annually. Those ounces will of course never materialize if development work remains suspended.
But also consider that according to its 31 March 2013 financial report, Barrick has hedged 65 million ounces of silver, which is 8% of the world's annual silver production. What is the bullion bank, who sold that hedge to Barrick, going to do if those 65 million ounces don't get mined and delivered to it?
What is Barrick going to do if the bullion bank forces it to deliver physical silver to close the hedge? What are the shorts in silver going to do when they realize that there is a potential time bomb here that could substantially reduce the near-term forecast of silver supply?
In other words, it is pure insanity to be short silver here, and for that matter, gold as well. Round two of the buying panic may be just around the corner when the paper shorts rush to the exits. They will learn the age-old and time-proven adage about the precious metals, namely, that it is easy to sell gold and silver in large quantities, but very, very diff
Never seen this before. On scottrade they show the bid .0023, however the interest is 54,190,000 shares. Had to rub my eyes on that. Will look at it again on Monday as we get closer to the open. Maybe someone just screwing around at Scottrade? Have a good weekend, the Packers did very well in the draft. There's a direct corelation with how the packers draft and how well BMGP will do in 2013. You cannot ignore the cheesehead bias in stocks. Unbelieveable that the Pack got Lacy in the second round, this just shows you that good things happen if you're patient.
Hopefully those 54M buy on the bid is a open market bid, meaning they are willing to pay as much as $1 a share. LOL...bet vmax chokes on that message. Nothing uglier then the Fat Lady choking on one of her bon bons. Could be very interesting this next week.
Do you mean that some buyer wanted 90K shares at the bid? Normally when someone bids, their intentions are to buy that many shares, if someone is willing to sell that many for the bid price.
Here is info about franchises from their web page:
Here is what you will need:
•Total commitment to the development of the Pie Five brand
•From $600,000 to $800,000 in liquid assets for five location deals
•Operational experience (restaurant, business, franchise)
•Real estate experience in the market
•Infrastructure and resources to meet our development schedule
Initial Investment: Between $344,000 and $483,000
Franchise Fee: $20,000 per location
Development Fee: $5,000 per location
Royalty Rate: 6%
Brand Fund Contribution: 2%
Local Advertising: 3%
Franchise Term: 10 years
\u0003(followed by the option of 10 years + 2 five year renewals)
I believe tomorrow is the most important day of the year. Tomorrow we find out who the Packers will take in the NFL draft. Do they go after a running back, tightend or defensive tackle. On a less important point, I will write Paul on Friday, see if they received a contract. This will depend on how disappointed I am with who the Packers go after.