WNSH.......lucky lotto that was dead in the water.....Not anymore!! Mark Ellis out and Appletree in!!PR any day
Posted by toad4 on :
Email response from Appletree....
JULY 5, 2007 RESPONSE FROM APPLETREE CAPITAL LTD....
Thank you for your inquiry regarding your investment in Winsted Holdings.
We have acquired our interest from Mr. Mark Ellis, and in the immediate future plan to bring the Company current in its reporting requirements. The Company also has issues with the SEC with which we are in discussions to correct and deficiencies.
We expect to change Winsted from a "Business Development Company" to a holding company format. The BDC registration requires additional reporting requirements that are expensive from the company's perspective.
We are in discussion with other parties as to what direction Winsted may take as to acquisitions, but are only in the preliminary stage at this time.
As we further manage Winsted, please look to the website for updates as we move forward with the business.
With kind regards, Francis Manzo President Winsted Holdings, Inc.
Posted by toad4 on :
About appletree...........
Appletree Capital, Ltd.
Zhemian Ventures is currently assisting Appletree Capital, Ltd.-a Chicago-based private equity, venture capital and merchant banking group to raise $100 million for the Appletree Investors I, LP fund and $25 million for the Appleseed Ventures I, LLC fund. These two VC funds will be used to make investments in early-stage and middle-stage companies in Oklahoma, Texas, Kansas, and Illinois (basically the mid U.S.)-a market that is relatively untapped by VC firms on the East and West coasts. Appletree Capital, Ltd. has a management team with several years of private equity experience between them and is committed to maximizing return and controlling risks for investors.
If you are interested in participating in either of these funds, wish to request a copy of the Private Placement Memorandum for each fund or have any questions regarding either fund, please send an email to: mbrown*zhemian.com.
Francis P. Manzo III Appletree Capital Ltd. One Northfield Plaza Suite 300 Northfield, IL 60093
Phone: (847) 441-1822
Posted by toad4 on :
Gapping up!!! Premarket
Posted by toad4 on :
100 mil volume already!!!!!!!!!
Posted by dollar13 on :
.0004 HOD
Posted by TUTTY on :
amazing... one day after i let go of this stock, it decides to go up lol
Posted by kilikili on :
Ask is thinning 2 left!!!
Posted by kilikili on :
back to .0004's !
Posted by lukin4winners on :
According to new ceo francis manzo: Appletree Capital Ltd. Announces Turnaround Situation with Winsted Holdings and New Management Northfield--(BUSINESS WIRE)—Winsted Holdings, Inc. (Pink Sheets:WNSH – News) announces new management and updates the market. New CEO and President Francis Manzo stated, “My objective with the new Winsted Holdings is a turnaround situation to create true shareholder value for the investing public. I also want to make it perfectly clear that Mark Ellis is no longer related or involved with the company. Furthermore there are currently around 4 billion shares outstanding of which roughly 90% are now owned by Appletree Capital Ltd. leaving the true float to be around 400 million shares.” Imagine the short covering with over 500M traded so far 11:40 am
Posted by toad4 on :
WNSH NEWS OUT!
Appletree Capital Ltd. Announces Turnaround Situation with Winsted Holdings and New Management Northfield--(BUSINESS WIRE)—Winsted Holdings, Inc. (Pink Sheets:WNSH – News) announces new management and updates the market. New CEO and President Francis Manzo stated, “My objective with the new Winsted Holdings is a turnaround situation to create true shareholder value for the investing public. I also want to make it perfectly clear that Mark Ellis is no longer related or involved with the company. Furthermore there are currently around 4 billion shares outstanding of which roughly 90% are now owned by Appletree Capital Ltd. leaving the true float to be around 400 million shares.” Winsted Holdings is in the process of changing from a Florida corporation to a Delaware corporation in order to take advantage of several key aspects. We are also designing and developing a new website for our shareholders. The company and Appletree Capital are also in review stage for reverse merger candidates
Posted by IceCold on :
I am in just for a small amount at 0.0003! Cudn't get in 1's and 2's.
Most of my $ are locked in EFGO!
Posted by toad4 on :
Lucky lotto could get interesting soon.....
Posted by chase on :
Watch for a big run today
Posted by lukin4winners on :
NEWS out! Francis Manzo reiterates appletree takeover and future plans for WNSH...watch it! Appletree Capital Takes Over Winsted Holdings and Announces New Control Jul 13, 2007 11:15:00 AM Copyright Business Wire 2007 NORTHFIELD, Ill.--(BUSINESS WIRE)--
Winsted Holdings, Inc. (Pink Sheets:WNSH) updates the market and announces new control by Appletree Capital Ltd.
New CEO and President Francis Manzo stated, "My objective for Winsted is to turnaround a stagnant situation and create shareholder value through innovative strategies." Former CEO Mark Ellis has resigned from the company and is no longer related or involved with the company. Winsted plans to change from a BDC to a Holding company format. This format will allow Winsted, through Appletree Capital and its partners, to bring multiple solid private companies into the public venue. Mr. Manzo went on to state, "We intend to use the same formula as Appletree Capital currently does in order to expose viable private companies to the public capital markets and to our venture capitalists."
Winsted is developing a new website http://www.winstedholdings.com in order to keep our shareholders informed on the company's progress through this transitional period. The company and Appletree Capital are also in the process of reviewing reverse merger candidates. Some of these candidates are in the sectors of food, retail, consumer products, and financial firms. Further updates will be forthcoming
Posted by toad4 on :
Great news!!!!!!!!!We are just getting started!!!!!
Posted by kilikili on :
WOO HOO!!! .0004's disappearing!!!!
Posted by kilikili on :
.0005's!!!
Posted by dollar13 on :
Posted by kilikili on :
.0005's disappearing too!!!!!
Posted by kilikili on :
.0006 KABOOOOOOOOOOOOMMMMMMMMMM!!!!!!!!!!!
Posted by Homersbud on :
I watched this go from 0001 to the current level and never bothered to get in until now at 0005. Hoping I'm not too late for the party....but I'm sure I am
Posted by toad4 on :
Not too late!!! This thing is a Rocket ship!!!! Just wait until they PR the FLOAT!!!!!
Shorts gonna FRY!!!!!!!!!!!!
Posted by Homersbud on :
quote:Originally posted by toad4: Not too late!!! This thing is a Rocket ship!!!! Just wait until they PR the FLOAT!!!!!
Shorts gonna FRY!!!!!!!!!!!!
That's what I'm waiting for. Float only 400m I hear with 3.6b OS. Is that true?
Posted by toad4 on :
on our new CEO Frank and Appletree. I like surprises and I think were going to see some here short term.
What a wonderful way to end the week! Looking strong for next week!
Posted by toad4 on :
quote:Originally posted by toad4: Not too late!!! This thing is a Rocket ship!!!! Just wait until they PR the FLOAT!!!!!
Shorts gonna FRY!!!!!!!!!!!!
That's what I'm waiting for. Float only 400m I hear with 3.6b OS. Is that true?
Thats what I'm hearing.....
Posted by Homersbud on :
quote:Originally posted by toad4: quote:Originally posted by toad4: Not too late!!! This thing is a Rocket ship!!!! Just wait until they PR the FLOAT!!!!!
Shorts gonna FRY!!!!!!!!!!!!
That's what I'm waiting for. Float only 400m I hear with 3.6b OS. Is that true?
Thats what I'm hearing.....
Well if that's true, this may very well be another BHUB considering we've traded like 2b the past couple of days. Will be interesting that's for sure!
Posted by toad4 on :
Shares drying up....imo.......gonna take less volume to move.......
****CEO stated, "This format will allow Winsted, through Appletree Capital and its partners, to bring multiple solid private companies into the public venue. Mr. Manzo went on to state, "We intend to use the same formula as Appletree Capital currently does in order to expose viable private companies to the public capital markets and to our venture capitalists."
Posted by toad4 on :
Please help me to see something and correct me if I am looking at things wrong.
VOIP, first, thanks for the update, but with the news, your update, and other things that "strongly" appears to be forming, please consider my thoughts below...
1. Old management is gone with new control by Appletree Capital Ltd.
2. New CEO and President is Francis Manzo with goals to turnaround WNSH which was basically stagnant.
3. The new CEO plans on creating shareholder value through innovative strategies (I think I understand his innovative strategies).
4. The former CEO Mark Ellis has not only resigned from the company, but is no longer related or involved with the company.
5. WNSH plans to change from a BDC to a Holding company format. This is why he couldn’t do a reverse split even if he wanted to from my understanding of what was mentioned. The SEC won’t allow it although I am not wise on the logic.
6. Still, in going from a BDC to a Holding Company format, the company will not have a need or plan to do a reverse split.
7. Instead of a reverse split, the company has already made it known that they are planning on retiring shares and buying back shares to reduce the Outstanding Shares (OS).
9. Now this comment in the PR is something that is very very important that I think was very much a subliminal message as to how powerful WNSH will transform… Mr. Manzo went on to state, "We intend to use the same formula as Appletree Capital currently does in order to expose viable private companies to the public capital markets and to our venture capitalists." to get a better understanding of the magnitude of that comment, please read and understand the post below: http://investorshub.com/boards/read_msg.asp?message_id=21087663
11. A new website is in the process of being developed.
12. WNSH and Appletree Capital are in the process of reviewing reverse merger candidates in which some of them are in the sectors of food, retail, consumer products, and financial firms.
13. Further updates will be forthcoming.
14. It was recently thought that the Float was 400 million with the Outstanding Shares (OS) being 4 billion as the company has made known unofficially thus far that they have 90% of the OS which was part of the shares bought in the deal to obtain WNSH.
15. The company has gotten confirmation of from the company’s Transfer Agent (TA) of a potential disparity in the numbers for the OS and the Float where the OS could be 3.6 billion which would mean that the Float is 360 million considering the Float has to be 10% of the 90% of WNSH bought by Appletree Capital to consummate the deal for Appletree Capital buying the controlling interest.
16. The company is in the process of obtaining official confirmation and will release to the public ASAP as soon as their coordination between the DTC, TA, and Accountants is completed confirming which total is correct.
17. Still, the Float is anticipated to be zero as given the volume over the past few days, it is highly anticipated that there is no inventory of shares hence why many are expecting to see (a new term to me) a MOASS kick in.
The above is a quick synopsis of what I see as some realities and potential that exists in WNSH. I recommend all to read and please make your own decision as to the measure of potential you will wait for the company to transform into a reality.
Heck, I repeat… I am really trying not to get too excited, but from doing my research on many other stocks within the penny stock world, I don’t see anything else that is close to what is forming here with WNSH. Many things still have not been officially confirmed as a completed fact, but enough have been officially confirmed for me to take the risk. Please do your due diligence (DD) to make sure you make an investing decision that you be at peace with yourself.
Please help to show me how I am looking at any of these things wrong. I wouldn’t want a repeat of some past situations as we all have moved on.
v/r Sterling
Posted by toad4 on :
Posted by: VOIP-INTERFACE In reply to: None Date:7/13/2007 11:36:50 AM Post #of 7876
BOARD READ-> So everyone knows the t/a had to be paid and settled up with since they hadn't been doing any work for the company in quite awhile. Mark Ellis left Appletree Capital and Frank with a bill and needed to be resolved at the t/a. Frank finally got them to clean everything up including the bill that was still outstanding at the t/a. Now he has talk to both DTC and is getting Interwest to put together a share holder list as well as the exact numbers imo. They will be forthcoming.
The deal of the terms when he took over the company was he bought 90% of the o/s which was supposed to be 3.6bb since the o/s stated 4bb in the agreement. Leaving around 400mm in the float he has mentioned to his knowledge. Well after touching base today it looks like the t/a told him o/s is 3.6bb but he has to find out for sure before releasing it publicly what exactly is in the float and out there. He has also mentioned retiring shares and or buying back. WNSH is one I will holding on too strongly to see what happens here over the short haul. This is one company/guy that has his hands on Wallstreet since there in the perfect business already (private-public equity, investment banking, venture capital, etc).
Posted by a surfer on :
I had read where Martin, from Zhemian Ventures, specialized in Capital Restructuring. So I centered my second conversation on the Capital Restructuring of WNSH after I did some further research too on the topic. I told him that Franco, the new WNSH CEO, had emailed some investors talking about a Capital Restructuring. I told him that within the penny stock world, when we hear the term “Capital Restructuring” we normally think in terms of the share structure changing; normally through a reverse split. I told him that investors are terrified given WNSH’s past history of reverse splits as some people are still spooked.
Martin told me that he has no knowledge of a reverse split with WNSH. That was a positive, but I still know that there are two concepts for the growth of a stock that often gets ignored, especially by CEOs and their personnel/affiliates. There is the concept of “growing your stock” and the concept of “growing your company.” I understand that Martin is on the side of “growing your company” and could very well not be informed if there are plans of a reverse split. Still, I was glad to know he had no knowledge of a reverse split to take place.
I explained to Martin the Capital Restructuring that was done by Schwab last week on 2 Jul 07 and some of the details mentioned by Schwab and other stocks that had done Capital Restructuring. He informed me that the Capital Restructuring for WNSH would be on the same lines as that of Schwab and those other deals I mentioned for things they have done. I got a little excited because from the PR below from Schwab, their Capital Restructuring Program included a special dividend, share buyback plan and debt offerings. http://today.reuters.com/news/articlenews.aspx?type=businessNews&storyid=2007-07 -02T173855Z_01_N...
With this announcement Schwab just made last Monday on 2 July 07, Schwab’s shares rose and closed at $22.00 for their strongest gain of the year.
He did not give me any specific details as I tried to get some exacts, but he told me that when Appletreecapital is referring to Capital Restructuring, they are not making reference to the company doing a reverse split. He said that it involves the things I mentioned to him from my research such as buybacks, transferring of assets from one entity within the company to under another entity within the company under the same ultimate ownership, the sale of certain divisions, etc. He stated that for him to do these things, a reverse split was not discussed as an option. I did believe him although I know that still a reverse split should always be in the back of the minds of shareholders as an option just by being a penny stock.
Below are some links to read for researching Capital Restructuring:
I am by no means saying that I know for a fact that there won’t be a reverse split with WNSH. My point was to show what the term “Capital Restructuring” often means within the investing community and it almost always has nothing to do with a reverse split.
If I had to guess, I think the restructuring will be in the form of Appletreecapital having the Winsted Holdings’ shares transferred into them to still trade as WNSH while having Winsted Holdings transferred into an entity/company within or under Appletreecapital to have a profitable company reversed merged into. Just see it as Appletreecapital and Winsted Holdings changing positions of existence as the ticker WNSH remains with Appletreecapital to continue to exist as a medium to trade within the market.
I think Appletreecapital saw WNSH/Winsted Holdings as its medium to enter into the market to go from a private company to a public company without spending all of the money that would have been required with taking the IPO route.
Given WNSH’s old management and its history, I do see why one would exercise caution. There’s definitely new management with a new direction that will bring about some new history too. I think everyone should at least perform some due diligence (DD) on WNSH to discover certain “positive” facts for them selves and not just take what I post as the gospel. I am looking forward to see how things materialize in the near future.
*****Appletree Capital takes over? Mark Ellis is out. More news forthcoming. Using this as a vehicle to launch companies into the public market. From the looks Appletree has launched 2 new funds worth 125,000,000.00 wonder what will launch here in WNSH. ------------------------------------------------------- MAXM Market Maker always showing 500,000 size on bid=Appletree/Frank???????? ------------------------------------------------------- ****Regardless the true float or o/s here I will publicly say I expect Appletree/Frank to retire and or buy back shares. Either or his objective is to get the pps higher and at a more attractable price for larger candidates. My gut feeling is to many people will react to quick as to what happens here day to day instead of looking at the big picture here-> WINSTED-APPLETREE-ZHEMIAN ------------------------------------------------------- *****(Easy breakdown of WNSH) Winsted Holdings=Appletree Capital=Zhemian Ventures=Big money=Plays in our Favor*****
Very easy to see we have a diamond here at these levels now that Appletree Capital is in control and bought the block. Not the type of company (in the industry their in) they'll hurt their own name and or burn their reputation or clients (especially in a measly pink) cause this is all their known for is deals, ventures, mergers, acquisitions, money managing, banking, asset managing, etc.
Just something above, I wanted to point out do to the fact that they are a Chicago-based private equity, venture capital and merchant banking group that has to carry their name and show performance. After all this is just a measly small pink and I highly doubt they'd put their azz on th line to burn us when their involved in 2 deals worth 125 million dollars right now. ---------------------------------------------------------- URGENT READ NO R/S The SEC won't allow Frank to do a r/s cause of the previous filings and Mark. Plus they can't do 504's here either. ---------------------------------------------------------- **Heavy Hitters here. As the founder of Zhemian Ventures, LLC, Martin Allen Brown serves as the company’s managing member. He oversees the strategic planning, management and performance of all of Zhemian Ventures professional services. His responsibilities also include business development and establishing international acquisitions, affiliation and alliances. Mr. Brown oversees service delivery, international strategic development and operational management.
Prior to founding Zhemian Ventures, LLC in 2006, Mr. Brown served as managing attorney for Martin A. Brown, P.C. where his legal practice entailed providing legal advice and services in the areas of venture capital and private equity transactions, Bank Secrecy Act/Anti-Money Laundering and SEC/NASD compliance, transactional matters for both domestic and foreign corporations, as well as complex business and commercial litigation. From 2000-2002, Mr. Brown served as General Counsel for World Service Corporation—an international e-commerce business support company.
(In my opinion its safe to say Zhemian Ventures, LLC is pretty compliant having this guy above in charge. It also safe to assume they wouldn't be heavily involved in Appletree Capital if they weren't the real deal as well) -------------------------------------------------
Current Deals >>
Appletree Capital, Ltd.
Zhemian Ventures is currently assisting Appletree Capital, Ltd.-a Chicago-based private equity, venture capital and merchant banking group to raise $100 million for the Appletree Investors I, LP fund and $25 million for the Appleseed Ventures I, LLC fund.
These two VC funds will be used to make investments in early-stage and middle-stage companies in Oklahoma, Texas, Kansas, and Illinois (basically the mid U.S.)-a market that is relatively untapped by VC firms on the East and West coasts. Appletree Capital, Ltd. has a management team with several years of private equity experience between them and is committed to maximizing return and controlling risks for investors.
If you are interested in participating in either of these funds, wish to request a copy of the Private Placement Memorandum for each fund or have any questions regarding either fund, please send an email to: mbrown*zhemian.com.
Venture Capital Fundraising and Consulting Services
Zhemian Ventures, LLC is an U.S.-based limited liability company specializing in venture capital fund raising and consulting. We have a wealth of experience in venture capital and private equity transactions, corporate finance and securities compliance.
Zhemian Ventures has a real passion for helping entrepreneurs develop their dreams into reality. Zhemian Ventures will form a strong strategic alliance with your company to help you set realistic business goals and objectives and to maximize your resources in an effort to meet these goals and objectives. We will work with you and with our extensive contacts of private and institutional investors to find the necessary investment capital to start your company or take it to the next stage of development. For venture capital firms, we will assist you in obtaining capital commitments from accredited private investors and institutional investors who are interested in participating in your fund. We find the money for you. In addition to our fund raising services, Zhemian Ventures also provides consulting services. We work with both companies and venture capital firms to maximize business investments by assisting your company or firm in monitoring and consulting with your portfolio companies or other investment opportunities. With a combined legal and business prospective, Zhemian Ventures will meet with principals of your portfolio companies, assess ongoing business performance to make sure they are on target to meet projected milestones, perform due diligence and provide a full decisive analysis and detailed report to your company or firm.
We also offer the following consulting services: due diligence for mergers and acquisitions; executive management assessment for start-ups and underpeforming companies; strategic planning; business development and business expansion.
Posted by toad4 on :
Posted by: VOIP-INTERFACE In reply to: pennypusher1 who wrote msg# 8169 Date:7/15/2007 7:18:47 PM Post #of 8285
****More about Frank/Appletree**** Frank was traveling meeting some big clients in both Chicago, Illinois and in Wisconsin last week. What I also know is that he is dealing with some rather large land developers and builders right now. He's paid sometimes or hired as a consultant in order to give investment or decision advice (good strategy advice as well imo).
I guess he is raising money as well for the developers/builders through a private placement I was told. Its good to have a CEO that deals with money and lots of it.
Come on Frank its your time to shine down here in the pinks. Although its his first time out with a pink I feel good knowing he normally deals with larger capital and ventures. Here's to some smooth sailing for once down here.
Posted by dollar13 on :
.0005 X .0006 5X4
Posted by chase on :
Should run againg today. I see us closing above .001 today, and moving up to .01(with pr's) by the end of the week
Posted by Homersbud on :
0006's thinning out!
Posted by dollar13 on :
.001 IS AROUND THE CORNER
IMO
Posted by Homersbud on :
quote:Originally posted by dollar13: .001 IS AROUND THE CORNER
IMO
Oh ya! Momo is all over this mofo!
Looks like 0007's for an open!
Posted by dollar13 on :
.0006 X .0007
IS UP
Posted by dollar13 on :
Posted by dollar13 on :
3 MM LEFT AT .0007
LET'S ROCK
Posted by tompom on :
impressive! last summer PAIM ,this summer WNSH so pigs really can fly...
Posted by toad4 on :
lol.............They sure can!!!
Goooooooo WNSH!!!!!!!!!!
Posted by Homersbud on :
quote:Originally posted by tompom: impressive! last summer PAIM ,this summer WNSH so pigs really can fly...
lol...nice!
0007's thinning out.
Posted by FurrySound on :
8's on tap now.
Posted by toad4 on :
8's up!!!! Lets roll!!!!!!
Posted by Homersbud on :
Goooooooooooooooooooooooo!
Posted by Homersbud on :
*****Appletree Capital takes over? Mark Ellis is out. More news forthcoming. Using this as a vehicle to launch companies into the public market. From the looks Appletree has launched 2 new funds worth 125,000,000.00 wonder what will launch here in WNSH. ------------------------------------------------------- MAXM Market Maker always showing 500,000 size on bid=Appletree/Frank???????? ------------------------------------------------------- ****Regardless the true float or o/s here I will publicly say I expect Appletree/Frank to retire and or buy back shares. Either or his objective is to get the pps higher and at a more attractable price for larger candidates. My gut feeling is to many people will react to quick as to what happens here day to day instead of looking at the big picture here-> WINSTED-APPLETREE-ZHEMIAN ------------------------------------------------------- *****(Easy breakdown of WNSH) Winsted Holdings=Appletree Capital=Zhemian Ventures=Big money=Plays in our Favor*****
Very easy to see we have a diamond here at these levels now that Appletree Capital is in control and bought the block. Not the type of company (in the industry their in) they'll hurt their own name and or burn their reputation or clients (especially in a measly pink) cause this is all their known for is deals, ventures, mergers, acquisitions, money managing, banking, asset managing, etc.
Just something above, I wanted to point out do to the fact that they are a Chicago-based private equity, venture capital and merchant banking group that has to carry their name and show performance. After all this is just a measly small pink and I highly doubt they'd put their azz on th line to burn us when their involved in 2 deals worth 125 million dollars right now. ---------------------------------------------------------- URGENT READ NO R/S The SEC won't allow Frank to do a r/s cause of the previous filings and Mark. Plus they can't do 504's here either. ---------------------------------------------------------- **Heavy Hitters here. As the founder of Zhemian Ventures, LLC, Martin Allen Brown serves as the company’s managing member. He oversees the strategic planning, management and performance of all of Zhemian Ventures professional services. His responsibilities also include business development and establishing international acquisitions, affiliation and alliances. Mr. Brown oversees service delivery, international strategic development and operational management.
Prior to founding Zhemian Ventures, LLC in 2006, Mr. Brown served as managing attorney for Martin A. Brown, P.C. where his legal practice entailed providing legal advice and services in the areas of venture capital and private equity transactions, Bank Secrecy Act/Anti-Money Laundering and SEC/NASD compliance, transactional matters for both domestic and foreign corporations, as well as complex business and commercial litigation. From 2000-2002, Mr. Brown served as General Counsel for World Service Corporation—an international e-commerce business support company.
(In my opinion its safe to say Zhemian Ventures, LLC is pretty compliant having this guy above in charge. It also safe to assume they wouldn't be heavily involved in Appletree Capital if they weren't the real deal as well) -------------------------------------------------
Current Deals >>
Appletree Capital, Ltd.
Zhemian Ventures is currently assisting Appletree Capital, Ltd.-a Chicago-based private equity, venture capital and merchant banking group to raise $100 million for the Appletree Investors I, LP fund and $25 million for the Appleseed Ventures I, LLC fund.
These two VC funds will be used to make investments in early-stage and middle-stage companies in Oklahoma, Texas, Kansas, and Illinois (basically the mid U.S.)-a market that is relatively untapped by VC firms on the East and West coasts. Appletree Capital, Ltd. has a management team with several years of private equity experience between them and is committed to maximizing return and controlling risks for investors.
If you are interested in participating in either of these funds, wish to request a copy of the Private Placement Memorandum for each fund or have any questions regarding either fund, please send an email to: mbrown*zhemian.com.
Venture Capital Fundraising and Consulting Services
Zhemian Ventures, LLC is an U.S.-based limited liability company specializing in venture capital fund raising and consulting. We have a wealth of experience in venture capital and private equity transactions, corporate finance and securities compliance.
Zhemian Ventures has a real passion for helping entrepreneurs develop their dreams into reality. Zhemian Ventures will form a strong strategic alliance with your company to help you set realistic business goals and objectives and to maximize your resources in an effort to meet these goals and objectives. We will work with you and with our extensive contacts of private and institutional investors to find the necessary investment capital to start your company or take it to the next stage of development. For venture capital firms, we will assist you in obtaining capital commitments from accredited private investors and institutional investors who are interested in participating in your fund. We find the money for you. In addition to our fund raising services, Zhemian Ventures also provides consulting services. We work with both companies and venture capital firms to maximize business investments by assisting your company or firm in monitoring and consulting with your portfolio companies or other investment opportunities. With a combined legal and business prospective, Zhemian Ventures will meet with principals of your portfolio companies, assess ongoing business performance to make sure they are on target to meet projected milestones, perform due diligence and provide a full decisive analysis and detailed report to your company or firm.
We also offer the following consulting services: due diligence for mergers and acquisitions; executive management assessment for start-ups and underpeforming companies; strategic planning; business development and business expansion.
Posted by dollar13 on :
I had read where Martin, from Zhemian Ventures, specialized in Capital Restructuring. So I centered my second conversation on the Capital Restructuring of WNSH after I did some further research too on the topic. I told him that Franco, the new WNSH CEO, had emailed some investors talking about a Capital Restructuring. I told him that within the penny stock world, when we hear the term “Capital Restructuring” we normally think in terms of the share structure changing; normally through a reverse split. I told him that investors are terrified given WNSH’s past history of reverse splits as some people are still spooked.
Martin told me that he has no knowledge of a reverse split with WNSH. That was a positive, but I still know that there are two concepts for the growth of a stock that often gets ignored, especially by CEOs and their personnel/affiliates. There is the concept of “growing your stock” and the concept of “growing your company.” I understand that Martin is on the side of “growing your company” and could very well not be informed if there are plans of a reverse split. Still, I was glad to know he had no knowledge of a reverse split to take place.
I explained to Martin the Capital Restructuring that was done by Schwab last week on 2 Jul 07 and some of the details mentioned by Schwab and other stocks that had done Capital Restructuring. He informed me that the Capital Restructuring for WNSH would be on the same lines as that of Schwab and those other deals I mentioned for things they have done. I got a little excited because from the PR below from Schwab, their Capital Restructuring Program included a special dividend, share buyback plan and debt offerings. http://today.reuters.com/news/articlenews.aspx?type=businessNews&storyid=2007-07 -02T173855Z_01_N...
With this announcement Schwab just made last Monday on 2 July 07, Schwab’s shares rose and closed at $22.00 for their strongest gain of the year.
He did not give me any specific details as I tried to get some exacts, but he told me that when Appletreecapital is referring to Capital Restructuring, they are not making reference to the company doing a reverse split. He said that it involves the things I mentioned to him from my research such as buybacks, transferring of assets from one entity within the company to under another entity within the company under the same ultimate ownership, the sale of certain divisions, etc. He stated that for him to do these things, a reverse split was not discussed as an option. I did believe him although I know that still a reverse split should always be in the back of the minds of shareholders as an option just by being a penny stock.
Below are some links to read for researching Capital Restructuring:
I am by no means saying that I know for a fact that there won’t be a reverse split with WNSH. My point was to show what the term “Capital Restructuring” often means within the investing community and it almost always has nothing to do with a reverse split.
If I had to guess, I think the restructuring will be in the form of Appletreecapital having the Winsted Holdings’ shares transferred into them to still trade as WNSH while having Winsted Holdings transferred into an entity/company within or under Appletreecapital to have a profitable company reversed merged into. Just see it as Appletreecapital and Winsted Holdings changing positions of existence as the ticker WNSH remains with Appletreecapital to continue to exist as a medium to trade within the market.
I think Appletreecapital saw WNSH/Winsted Holdings as its medium to enter into the market to go from a private company to a public company without spending all of the money that would have been required with taking the IPO route.
Given WNSH’s old management and its history, I do see why one would exercise caution. There’s definitely new management with a new direction that will bring about some new history too. I think everyone should at least perform some due diligence (DD) on WNSH to discover certain “positive” facts for them selves and not just take what I post as the gospel. I am looking forward to see how things materialize in the near future.
v/r Sterling
Posted by kilikili on :
.0006(7) x .0007(3) flippers and sellers looks to be gone
Posted by kilikili on :
2 left at ask! Thinning out!
Posted by Bam Bam17 on :
*****BOARD UPDATE READ*****-> Frank is currently as we speak finishing up filing the 8k for Edgar (New Mgnt)and the 14c to move us into a Holding company to start the launch. Stay tunned for more updates. He is bringing us current and up to date.
He also spoke to DTC today and should hear back from them and have an update soon.
Posted by kilikili on :
bid building on .0007
Posted by Homersbud on :
Nice, 0008's back up.
Posted by dollar13 on :
EOD ME THINKING +001
Posted by Homersbud on :
0008's slowly thinning out...Bring on those 001's!!!
Posted by Homersbud on :
6x4! 0007x0008 new HOD shortly!!!
Posted by stocktrader22 on :
Wow 400% for you guys..nice!
Posted by kilikili on :
.0008's about to leave the station!!!
Posted by dollar13 on :
WHOOOOOOOO HOOOOOOOOOOOOO
Posted by dollar13 on :
C'MON .0009
HIT IT
Posted by kilikili on :
2 MM's left!
.0007(8)x.0008(2)
Posted by dollar13 on :
.0008 UNO MAS
Posted by dollar13 on :
.0008 X .0009
WEEEEEEEEEEEEEEEEEEEEEEEEE
Posted by Homersbud on :
0009's up!!!!
Posted by dollar13 on :
NICE PLAY FOR A MONDAY
Posted by dollar13 on :
.0009 HOD
Posted by dollar13 on :
4 TRADES DROP THE B/A
LOL
Posted by Homersbud on :
quote:Originally posted by dollar13: 4 TRADES DROP THE B/A
LOL
lol
Posted by Homersbud on :
whacks at 0007....lmao
keep whacking!!! I'm trying to add more!!!
Posted by kilikili on :
MM's having a hard time bringing it down
Posted by Homersbud on :
damn, no fills at 0007!
0007x0008 7x4
Posted by dollar13 on :
WATCH OUT
EOD !!!!!!!!
Posted by kilikili on :
2 left at ask .0008!!!
Posted by Homersbud on :
Weeeeeeeeeeee, bring back those 0009's!
Posted by Homersbud on :
1 left at 0008....move HDSN, bring on those 0009's for a close!!!
Posted by dollar13 on :
SMACK THAT ASK
BUD.................. Posted by Homersbud on :
I've been slapping the ask all day!!! I'm on the bid again....these EOD whackers are such a friggin joke. Come on you morons, keep dumping.
Posted by dollar13 on :
I AM JUST WATING TIL FRIDAY
Posted by dollar13 on :
THEY DROP THE B/A AGAIN
AND HOW!!!!!!!!!!
Posted by Homersbud on :
wtf...0007 close...wait until the last second to sell. These fawkin MM's. Oh well, nice day overall! Let's see what tomorrow brings!!
Posted by kilikili on :
MM's probably trying to pick up some seller shares for tomorrow imo. Overall nice day! Bring on tomorrow!
Posted by toad4 on :
Some good info..........
Posted by: VOIP-INTERFACE In reply to: None Date:7/16/2007 11:43:18 PM Post #of 10059
*****Update on Edgar***** Frank/Appletree mentioned it was mailed out last week to Edgar/SEC for the 8k new mgnt. I know its not uploaded yet but he wanted to get it out right away so he mailed it. I was told when Mark left (and since he's an azz imo) he didn't or hasn't given Frank/Appletree the codes for Edgar to upload it. Therefore today Frank was working on it with the SEC today and he had to file the ownership or copy of transfer for him to apply for new codes along with getting it motorized today(what a biatch cause of Mark).
Frank/Appletree Capital should have the new codes for Edgar and be able to file the 8k's and 14c later this week I'm guessing. They also mentioned they would be bringing the company back to par or up to date this being a pain in the azz imo 10k's 10q's(but he's well aware its better to be reporting-more value).
I myself am trying to stay on top of this play 100% as I am willing to let Frank/Appletree turn this around for the better. It seems as though Mark really needs to be dealt with and have a reality check. I'd like to consider this a headache for Frank/Appletree right now and sure they have plans on something. I don't care who buys or sells as we all hit the buy or sell button on our on. Question is do you point the finger at others for doing so? I never do I take it on the chin or I book a winner either or I'm here to play the game.
Posted by Homersbud on :
Show me those 0009's!!
2 MM's left at 0008 in PM
Posted by don_casey on :
how about some .0006's
Posted by Homersbud on :
Beautiful, 0004's are coming. god damnit
Posted by madmoney on :
quote:Originally posted by Homersbud: Beautiful, 0004's are coming. god damnit
but the B/A is .0006 X .0007???? when is the R/S comming ( split date )???????
Posted by lostone on :
people are bound to take profits sometimes.. and play something different
Posted by madmoney on :
whats with all the trades BELOW the bid??? looks like a massive DUMP!!! 218 million in the first hour! pre split sell off???
Posted by Homersbud on :
pos is back up to 0007. lets see how long this latest pump works before it falls back down. rumor of news today but who knows anymore.
Posted by Homersbud on :
this pos is taking out the 0007's
0006x0007 7x4
Posted by retiredat49 on :
Update on Winsted Holdings Changes Jul 17, 2007 1:09:00 PM Copyright Business Wire 2007
NORTHFIELD, Ill.--(BUSINESS WIRE)--
Winsted Holdings, Inc. (Pink Sheets:WNSH) updates the market on future plans.
President and CEO Francis Manzo stated, "On taking over management of Winsted we believe the Company because of its shareholder base has excellent opportunities to become an 'incubator' for businesses seeking to expand in the public venue. Winsted plans to engage in business of consulting and assisting solid private companies into the public market. The company is in the process of reviewing reverse merger candidates and business entities interested in pursuing becoming a public company.
"Our agreement with the former CEO Mark Ellis was to transfer 90% control of the firm to Appletree BDC, Inc. We find that Mr. Ellis misrepresented the situation in the transfer and control agreement. We are still optimistic that we can turnaround a stagnant situation and create shareholder value through innovative strategies.
"What we know at the present time is that there are 3,620,241,722 common shares issued and outstanding. We are currently in the process of re-establishing the Company's book and records, and making arrangements with accountants and attorneys to assist in bringing the Company into compliance with regulatory requirements.
"For our shareholder concerns, there is no consideration at this time to do a reverse split. We are considering ways to maximize returns for our shareholders including, but not limited to, stock buy backs and spin-offs of holdings that we acquire."
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:
This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as WNSH or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Source: Winsted Holdings, Inc.
----------------------------------------------
Appletree Capital Ltd. Northfield IL Francis P. Manzo III President 847-441-1822 http://www.winstedholdings.com/ info*appletreecapital.com
Posted by Homersbud on :
what a fawkin joke
Posted by retiredat49 on :
I'm just the messenger Homers...
Posted by Homersbud on :
quote:Originally posted by retiredat49: I'm just the messenger Homers...
lol, not talking about you.
Posted by Bam Bam17 on :
****DD for Newbies**** Real company behind the scenes and in control of the New WNSH. For any new followers here-> Posted by: VOIP-INTERFACE In reply to: soupoftheday who wrote msg# 7631 Date:7/14/2007 1:05:10 PM Post #of 9141
*****Appletree Capital takes over? Mark Ellis is out. More news forthcoming. Using this as a vehicle to launch companies into the public market. From the looks Appletree has launched 2 new funds worth 125,000,000.00 wonder what will launch here in WNSH. ------------------------------------------------------- MAXM Market Maker always showing 500,000 size on bid=Appletree/Frank???????? ------------------------------------------------------- ****Regardless the true float or o/s here I will publicly say I expect Appletree/Frank to retire and or buy back shares. Either or his objective is to get the pps higher and at a more attractable price for larger candidates. My gut feeling is to many people will react to quick as to what happens here day to day instead of looking at the big picture here-> WINSTED-APPLETREE-ZHEMIAN ------------------------------------------------------- *****(Easy breakdown of WNSH) Winsted Holdings=Appletree Capital=Zhemian Ventures=Big money=Plays in our Favor*****
Very easy to see we have a diamond here at these levels now that Appletree Capital is in control and bought the block. Not the type of company (in the industry their in) they'll hurt their own name and or burn their reputation or clients (especially in a measly pink) cause this is all their known for is deals, ventures, mergers, acquisitions, money managing, banking, asset managing, etc.
Just something above, I wanted to point out do to the fact that they are a Chicago-based private equity, venture capital and merchant banking group that has to carry their name and show performance. After all this is just a measly small pink and I highly doubt they'd put their azz on th line to burn us when their involved in 2 deals worth 125 million dollars right now. ---------------------------------------------------------- URGENT READ NO R/S The SEC won't allow Frank to do a r/s cause of the previous filings and Mark. Plus they can't do 504's here either. ---------------------------------------------------------- **Heavy Hitters here. As the founder of Zhemian Ventures, LLC, Martin Allen Brown serves as the company’s managing member. He oversees the strategic planning, management and performance of all of Zhemian Ventures professional services. His responsibilities also include business development and establishing international acquisitions, affiliation and alliances. Mr. Brown oversees service delivery, international strategic development and operational management.
Prior to founding Zhemian Ventures, LLC in 2006, Mr. Brown served as managing attorney for Martin A. Brown, P.C. where his legal practice entailed providing legal advice and services in the areas of venture capital and private equity transactions, Bank Secrecy Act/Anti-Money Laundering and SEC/NASD compliance, transactional matters for both domestic and foreign corporations, as well as complex business and commercial litigation. From 2000-2002, Mr. Brown served as General Counsel for World Service Corporation—an international e-commerce business support company.
(In my opinion its safe to say Zhemian Ventures, LLC is pretty compliant having this guy above in charge. It also safe to assume they wouldn't be heavily involved in Appletree Capital if they weren't the real deal as well) -------------------------------------------------
Current Deals >>
Appletree Capital, Ltd.
Zhemian Ventures is currently assisting Appletree Capital, Ltd.-a Chicago-based private equity, venture capital and merchant banking group to raise $100 million for the Appletree Investors I, LP fund and $25 million for the Appleseed Ventures I, LLC fund.
These two VC funds will be used to make investments in early-stage and middle-stage companies in Oklahoma, Texas, Kansas, and Illinois (basically the mid U.S.)-a market that is relatively untapped by VC firms on the East and West coasts. Appletree Capital, Ltd. has a management team with several years of private equity experience between them and is committed to maximizing return and controlling risks for investors.
If you are interested in participating in either of these funds, wish to request a copy of the Private Placement Memorandum for each fund or have any questions regarding either fund, please send an email to: mbrown*zhemian.com.
Venture Capital Fundraising and Consulting Services
Zhemian Ventures, LLC is an U.S.-based limited liability company specializing in venture capital fund raising and consulting. We have a wealth of experience in venture capital and private equity transactions, corporate finance and securities compliance.
Zhemian Ventures has a real passion for helping entrepreneurs develop their dreams into reality. Zhemian Ventures will form a strong strategic alliance with your company to help you set realistic business goals and objectives and to maximize your resources in an effort to meet these goals and objectives. We will work with you and with our extensive contacts of private and institutional investors to find the necessary investment capital to start your company or take it to the next stage of development. For venture capital firms, we will assist you in obtaining capital commitments from accredited private investors and institutional investors who are interested in participating in your fund. We find the money for you. In addition to our fund raising services, Zhemian Ventures also provides consulting services. We work with both companies and venture capital firms to maximize business investments by assisting your company or firm in monitoring and consulting with your portfolio companies or other investment opportunities. With a combined legal and business prospective, Zhemian Ventures will meet with principals of your portfolio companies, assess ongoing business performance to make sure they are on target to meet projected milestones, perform due diligence and provide a full decisive analysis and detailed report to your company or firm.
We also offer the following consulting services: due diligence for mergers and acquisitions; executive management assessment for start-ups and underpeforming companies; strategic planning; business development and business expansion.
Posted by Bam Bam17 on :
http://biz.yahoo.com/bw/070717/20070717006039.html?.v=1 It was solid. Bottom line, we have 3,620,241,722 shares issued and outstanding. That's better than the 4 billion shares that we thought we had confirmed. So, fundamentally, we are in a better position than before when value is placed into WNSH. I have broken down the PR into 4 different ways to interpret some solid thoughts for consideration. Please consider…
Thought 1 With the 90%, as a best case scenario, it leaves 10% remaining meaning 10% of the 3,620,241,722 shares issued and outstanding leaving a float of 362,024,172 shares. This is the most simple of ways to consider though there are those who see such is up for debate due to the vague wording within the PR.
Or…
Thought 2 The company could was trying to say that they thought the float was 400 million shares at the time the deal was done which was why they thought that the OS was 4 billion shares. This would leave confusion as to why an earlier confirmed float of 400 million shares, represents the 10% or the remaining shares from a confirmed 3,620,241,722 shares issued and outstanding. This means that the company was trying to tell us within that PR that the float is still unsure and officially confirmed, but it is better than the 400 million shares initially thought but is a disparity from what they have in writing.
Or…
Thought 3 Maybe the deal and paperwork was already done by accountants, lawyers, etc. already for the 90% of the control to be transferred from Mark Ellis to Appletree Capital. What if Mark Ellis was planning on transferring over those certain portion of the shares after the deal was done, but instead had sold a portion of that 90% of the shares because he needed the money? Then it would be exactly as what Art2Gecko in an earlier post in that… “he'll be needing to buy back any shares he sold.” Were these shares in the process to be given to the MMs to help them cover a certain position? The CEO appears to be sticking to the fact that Appletree Capital now has 90% of the OS.
Or…
Thought 4 Here, the thought is that although they are unsure of the true number for the actual float, it is at least the 90% that represents a 51% controlling interest in WNSH that they must apparently have of the 3,620,241,722 shares issued and outstanding as a worse case scenario since they are clearly making key material decisions which will be confirmed once the 8K is filed. This means that the float could be no more than the remaining 49% of the 3,620,241,722 shares issued and outstanding...
...the float is 49% x 3,620,241,722 shares issued and outstanding...
...which equates to 1,773,918,443 shares for the float, but...
The WNSH share volume was as follows: Jul 06 = 3,647,142,697 shares Aug 06 = 1,861,122,727 shares Sep 06 = 33,331,299 shares Oct 06 = 1,005,680 shares Nov 06 = 67,916,995 shares Dec 06 = 29,068,900 shares Jan 07 = 22,915,500 shares Feb 07 = 918,605,739 shares Mar 07 = 1,268,947,947 shares April 07 = 1,886,534,465 shares May 07 = 832,056,893 shares Jun 07 = 199,653,766 shares Jul 07 = 2,941,813,261 shares
Total Shares Traded from Jan – Jul 07 = 13,710,115,869 Shares
From Jul 06 up until now here in Jul 07, WNSH had no bid most of the time and up until a day or two ago when the price hit .0009, the price never went as high as .0004 per share. This could lead only to the thought that most of that volume was generated because of WNSH shares being bought. I was also told this by the old CEO, Mark Ellis too although his reputation was not credible within the investing community. Researching the volume history proves that he was telling the truth about that.
Well I can tell you that I have been in WNSH for months and it traded those billions of shares when nobody was here talking about WNSH during such time when Mark had informed many that they were trying to buy back the entire float. I think these are the shares that Appletree Capital is trying to get back from Mark. Once Mark gives those shares to Appletree Capital, then the 90% ownership would fully be consummated. Again, most of those transactions were buys if I had to guess, but it’s the old management of WNSH that can account for those shares to either give them to the best bidder. I think this is probably why Mark Ellis was so willing to sell the shell so cheap to Appletree Capital to hurry up and get from under the scrutiny of the SEC while still maintaining indirect control since he held the float and some. If I had to guess, he probably sold a few shares.
Because of this, I think further clarification is definitely in order to be released. Even with this thought as a worse case scenario, we have some serious failures to delivers in WNSH to the tune of some billions. Even if you take the 51% controlling interest as the minimum of 3,620,241,722 shares issued and outstanding, you have a total of 1,846,323,278 shares restricted and owned by the company.
This leaves the difference of 1,773,918,443 shares that have been in the float since Jul 06. I think it’s very fair to say that out of the 13,710,115,869 shares traded in WNSH from Jul 06 to Jul 07, half of those shares were logically at least buys. This equates to 6,855,057,934 shares bought in WNSH from such time. The most that could have been available as the float was the 1,773,918,443 shares. This leaves a disparity in shares of:
6,855,057,934 shares bought - 1,773,918,443 shares available to buy (float) = 5,081,139,491 shares naked shorted
This means that WNSH have 5,081,139,491 shares naked shorted that have failed to be delivered. This could be huge. The above are some thoughts that I saw from reading the recent PR. I will continue later with this discussion to talk more in detail about the 5,081,139,491 Failure To Deliver (FTD) naked shorted shares and the magnitude of what this should mean.
As for maybe what Mark has to cover if he really sold those shares (I’m hoping he is holding them somewhere in an account to simply transfer them over to Appletree), he needs to buy back not the complete minimum 5,081,139,491 shares naked shorted, but rather the worse case scenario float of .49% of the 3,620,241,722 shares issued and outstanding which equates to 1,773,918,443 shares minus what represents the float from the deal of Appletree Capital owning 90% of OS having 10% being the 362,024,172 shares. The difference is Mark needing to buy back the amount below:
Either way, somebody is going to have to cover as the accountability for shares would be a major issue the longer this waits out. (If this is the case.)
Please re-read the above thoughts and share your input as I am too tired to proofread this, but I think it stimulates some considerations that might have been ignored. The FTDs are something huge that is a must for discussion since WNSH could very have over 5 billion shares that need to be covered. This could have been something in the works months ago from researching the volume history and how it looks like they caught the Market Makers (MMs) off guard.
v/r Sterling
Posted by bodybybob on :
i dont understand what all that means,what i like to know is anyone getting in at .0004 and then selling at .0005?
Posted by bodybybob on :
my marcaster shows the price is at .0050,what just happened?from .0005
Posted by Homersbud on :
quote:Originally posted by bodybybob: my marcaster shows the price is at .0050,what just happened?from .0005
some moron missed an extra 0
Posted by don_casey on :
well atleast he got all the shares he asked for. lol
but not at the rigght price mind you. lol
Posted by don_casey on :
so who is hopeing for a good day?
be optimistic.
Posted by BULListic on :
Strange development on Yahoo Finance overnight (never quite seen that in the actual name of the stock), not sure what it means, but it can't hurt:
Winsted Holdings Inc., Prior to Reverse Merger with Appletree Capital Ltd. (WNSH.PK)
Posted by FurrySound on :
yeah bullistic... very interesting. 'hint hint'
Posted by kermit42 on :
OK, I'm in at .0005
Now all of you, I have an assignment.
Make me rich!!!!
Oh yeah, and nice close!! HOD on a Friday.
Posted by Vagabond on :
This one should be a nice longer term, multi legged play as it works its way up into penny land. It's fun watching it develop and un-fold. GL to all in this one, cause I'm all in on it. JMHO
Found out that Frank/Byers Food deals with both companies listed below
1. They deal with Sea Watch out of Maryland Sea Watch International is proud to be recognized as the largest harvester and processor of clam products in the world. All of our clams are harvested in US fishing waters under US Federal regulations. Over the past 28 years Sea Watch has taken its place as the leader in the offshore clam industry. http://www.seawatch.com/
2. They also deal with Diana's Specialties out of Illinois The goal of Diana's Specialty Foods is to produce the best products that you, your family and friends have ever tasted. Specializing in creating gourmet food products using the finest ingredients from around the world, every recipe is manufactured in small batches to bring you the fresh flavorful taste of homemade. http://www.dianasspecialtyfoods.com/ Posted by Bam Bam17 on :
Found out that Frank/Byers Food deals with both companies listed below
1. They deal with Sea Watch out of Maryland Sea Watch International is proud to be recognized as the largest harvester and processor of clam products in the world. All of our clams are harvested in US fishing waters under US Federal regulations. Over the past 28 years Sea Watch has taken its place as the leader in the offshore clam industry. http://www.seawatch.com/
2. They also deal with Diana's Specialties out of Illinois The goal of Diana's Specialty Foods is to produce the best products that you, your family and friends have ever tasted. Specializing in creating gourmet food products using the finest ingredients from around the world, every recipe is manufactured in small batches to bring you the fresh flavorful taste of homemade. http://www.dianasspecialtyfoods.com/ Posted by Bam Bam17 on :
In a speech on the floor of the U.S. Senate today, Senator Bob Bennett (R-UT) called for Senate Banking Committee Chairman Chris Dodd to conduct a hearing into stock market fraud, specifically addressing the issue of naked short selling. Sen. Bennett has been a long time proponent of stock market reform, and was instrumental in proposing a Senate Banking Committee hearing into naked short selling as early as late 2004, which were eventually shelved by then Banking Committee Chairman Sen. Richard Shelby (R-AL). He said that Sen. Dodd, who has entered the 2008 Presidential election, was willing to conduct a hearing into the issue:
“I think it is serious enough that we ought to have a hearing about this in the Banking Committee, and I have spoken to the Chairman of the Banking Committee, Senator Dodd, and asked him if it wouldn’t be possible for us to have much of a hearing at some point in the future, and he’s expressed a willingness to do that. I can understand, we can’t set a time for that right now. There are too many other things going on in the Banking Committee, but I’m delighted to know that he’s willing to cooperate with us in examining this. And I would like to suggest several things that I would like to discuss at that hearing.”
A source close to the issue said, “Senator Bennett has spent an enormous amount of time studying this problem, he’s intimately familiar with the abuses in the stock market. This speech is his opening salvo.” He went on to say that “We need an avalanche of letters and emails from every state in the Union going to every member of the U.S. Senate, urging Sen. Dodd, the chairman of the Banking Committee, to hold the hearing on Sen. Bennett’s recommendations.”
After first explaining the basic issue of naked short selling to his fellow Senators, Sen. Bennett then addressed the SEC and the creation of the DTCC, and their role in trade settlement, and how the need for a system to facilitate trade settlement led to the creation of the DTCC, or the Depository Trust and Clearing Corporation. He said that the while the DTCC is regulated by the S.E.C. that” I don’t think that last statement is true. I’m not sure that the S.E.C. has control over the DTCC. He then quoted from a Wall Street Journal article that said, “Almost all stock is now kept at the company central depository and never leaves there. Instead, a stock buyers’ brokerage account is electronically credited with the securities entitlement. This credit can, in turn, be sold to someone else.”
Then Sen. Bennett described how electronic settlement, which he called “replacing paper with electrons,” can “provide cover for naked shorting of the stock” because shareholders are given an electronic credit for the purchase instead of physical delivery of the shares. From there, he described how electronic trading, and the DTCC’s practice of keeping shares in what has become known as the “DTCC Borrow Pool,” invites manipulation of the system:
“So this happens: a short seller enters the market and says, “I want to short—I want to sell 1,000 shares of XYZ stock so at some point he has to produce 1,000 shares to cover his sale. How do you do that? You borrow the shares. And then you buy them back at some future time. All right. From whom do you borrow them? The DTCC. They have all of the shares on deposit. So you go to the DTCC and you say, I want to borrow 1,000 shares of XYZ stock. They say, fine, we have them on deposit and will lend them to you so you can use them for your ‘short’ sale. All right, everything’s fine. Except that, in this electronic age, it is possible for you to keep shuffling around the electronic impulses that represent the stock and never, ever, have to buy it back. Stop and think about that, Mr. President. That’s a pretty good business plan. You can sell as much as you want and never, ever, have to pay for it. You could go in, the stock trading at $5 a share. You go in and sell 1,000 shares. You paid $5,000 for selling 1,000 shares and you never have to buy them. Because you are constantly moving around the electronic impulses that represent those shares. You never have to cover.
Now, when you talk to the DTCC people they say ‘No, we always make sure that there is a delivery and if there’s not, it’s not our fault. It’s not our responsibility to police this, it is up to the brokerage house to do this.’ The S.E.C. has spent enough time looking at this and enough time talking to me that they issued to me a three-page letter outlining the steps they have taken to stop the practice of ‘naked short selling.’”
After talking about recent rules implemented by the S.E.C. in an effort to deal with the problem of naked short selling, he talked about another method of circumventing the rules, a scheme that is commonly referred to as “stock kiting,” where two brokers pass shares back and forth between themselves, with each one holding the shares for thirteen days, the limit before forced settlement of the trade, and then passing it back to the other broker, where, according to Sen. Bennett, “they ping-pong these back and forth as long as they want. So you can have a situation where people are selling shares that don’t exist, taking commissions on the sale, and the profits of the sale, and never ever having to produce the shares.”
Bennett also said “I think a Congressional hearing is a good place for those who are running the DTCC to explain to us how it really works. And I would like the S.E.C. to come in and give us their background and information as to how their rules are working to try to stop the naked short selling.”
He laid out a number of proposals in his speech, including “a rule that says that brokers cannot borrow for short sales more stock than is on deposit with the DTCC. I think that’s just obvious. If there are 3 million shares of XYZ company on deposit at the DTCC, people should not be able to short sell 4 million shares…So my first recommendation would be that the DTCC cannot make available loans for short sellers more stock than they have on deposit. Once they have reached the point that 100% of the shares they have on deposit have been loaned out, they can’t loan out anymore. I think that’s just an obvious, commonsense recommendation, but it doesn’t apply now.” He also said, “there ought to be a rule that says that a broker cannot be paid a commission on a short sale until the shares are delivered.”
"It does not involve very many people, but for the people—to the people who are involved, it, frankly, can be a matter of life and death. And there are enough of them starting businesses and creating entrepreneurial activities in the United States that we owe it to them to find out exactly what is going on with respect to this.
That’s why I’ve asked Chairman Dodd to consider a hearing on this matter, to let us hear from the S.E.C., to let us hear from the DTCC, to let us hear from those in the marketplace who have actual experience with this and see if the present S.E.C. rules are sufficient or if we need to do additional things around the lines of the two items that I have suggested.”
Our anonymous source, who has spent years behind the scenes working for stock market reform, stressed that the hearing could hinge on the level of response from those who have been affected by stock market fraud, saying, “There’s been no bill introduced, but Senator Bennett is prepared to introduce a bill if these issues are not resolved. We need a nationwide campaign to get people to write their senators urging them to tell Sen. Dodd to hold hearings into the issues that Sen. Bennett addressed in the U.S. Senate today.”
-------------------------------------------------------------------------------- TAKE ACTION NOW!!! WITHOUT YOUR HELP, WE WOULD NOT BE TALKING ABOUT THIS IN THE U.S. SENATE....WITH YOUR HELP, WE CAN FIX OUR STOCK MARKETS!!!
or write him at: U.S. Senator Chris Dodd 448 Russell Building Washington D.C., 20510
or: U.S. Senator Chris Dodd 30 Lewis St Suite 101 Hartford, CT 06103 ****************************************************************
The above article is important for all to read. I have some thoughts that I will share on the issue to explain. I was ask by a few people to explain the current issue dealing with naked shorting and the Failure To Delivers (FTDs) in relation to WNSH. Reading this article would be a good start to understand the angle of some of my future thoughts.
v/r Sterling
Posted by chase on :
Big Run here
Posted by Homersbud on :
POS is moving 2mms at 0008!
0007x0008 10x2
Posted by dollar13 on :
.001 IS GETTING CLOSE Posted by ATL8ball on :
Been holding this for about a year... about time to see a little movement.
Did anyone else get interviewed for an artcle in a San Francisco paper about this stock?
Posted by Homersbud on :
quote:Originally posted by ATL8ball: Been holding this for about a year... about time to see a little movement.
Did anyone else get interviewed for an artcle in a San Francisco paper about this stock?
I received a PM a few months ago from someone asking if I had any info about the former CEO but I never responded.
Posted by FurrySound on :
this next move up sees us breaking .001 with strength imo.
Posted by gumzsa on :
I hope so. I have 2000000 at .0001 and am holding for a possible huge gain. I know this is risky considering I have been burnt by every stock that I have owned at .0001 by reverse splits.
Posted by Homersbud on :
quote:Originally posted by gumzsa: I hope so. I have 2000000 at .0001 and am holding for a possible huge gain. I know this is risky considering I have been burnt by every stock that I have owned at .0001 by reverse splits.
Wow 2m at 0001? Can you pass some of that luck over to me? Haha, nice man! Just be sure to take profits!
Posted by gumzsa on :
Unfortunately this would have to go to about .0020 for me eat up all of the losses I have had on CBEL,PRHB,MHUS,GWGO,ILGY,VWKM,PAIM,PDSC,and MHUS because of the reverse splits. I chased all of those while I was learning and bought WNSH early on rumor. Maybe "Buy on rumor sell on news" is true.
Hey Homersbud,
Since I have a chance to take profits on a couple of stocks is there a general rule of when you should sell a micro penny stock. Like I said I am not new at losing my money but I am new at having a chance to make money. I just dont want to sell at .0008 then have it go up .01 and shoot myself.
Posted by Homersbud on :
quote:Originally posted by gumzsa: Unfortunately this would have to go to about .0020 for me eat up all of the losses I have had on CBEL,PRHB,MHUS,GWGO,ILGY,VWKM,PAIM,PDSC,and MHUS because of the reverse splits. I chased all of those while I was learning and bought WNSH early on rumor. Maybe "Buy on rumor sell on news" is true.
Hey Homersbud,
Since I have a chance to take profits on a couple of stocks is there a general rule of when you should sell a micro penny stock. Like I said I am not new at losing my money but I am new at having a chance to make money. I just dont want to sell at .0008 then have it go up .01 and shoot myself.
There isn't a general rule as each trader has their own style of trading plus it all depends on the stock and what's driving it up to begin with (news, rumor, pump, etc). Best thing to do is take out your initial investment plus some more, so if the stock tanks, you still come out on top and if it explodes, you still have some left to sell.
If I was in WNSH at 0001 for 2m, I would be out completely by now, but that's just my style! Whatever works for you man because it really all comes down to you! Just don't be greedy! It'll kill ya everytime!
Posted by toad4 on :
looks like a nice new base has formed.......next leg soon.....imo
Posted by kermit42 on :
Awesome close, eh?
Posted by tompom on :
very nice chart! could see a nice move next week imo
Posted by kermit42 on :
I'd agree with that. With the 8K filing confirming all the new management's claims about the change over, people should be more comfortable buying. EOD volume seems to confirm that.
Posted by gumzsa on :
News out today!!!!!
Winsted Holdings Creates New Subsidiary, Announces First Spin-off 11:07 AM ET - BusinessWire Winsted Holdings, Inc. (Pink Sheets:WNSH) Creates new subsidiary, announces spin-off shares.
President and CEO Francis Manzo announced the creation of subsidiary Winsted Acquisition I, Inc. as a Nevada corporation. The new subsidiary will acquire and initiate companies related to the food and beverage industry. As part of the corporate plan the Company intends to distribute shares of the new subsidiary to current shareholders. Shares distributed will be on a pro-rata basis under Rule 144. The Company intends to distribute shares in the subsidiary at a share ratio to be determined. The dividend date is yet to be determined. The Company will begin the necessary regulatory filings to begin the process of the spin-off.
Winsted Acquisition I, Inc. will be spun off from Winsted Holdings Corporation as a separate corporation and will file a 15 (2) 2-11 upon the spin-off in order to achieve trading status.
Winsted Acquisition I, Inc. intends to look immediately for acquisition candidates in the food, natural food and beverage markets.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:
This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as WNSH or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
SOURCE: Winsted Holdings, Inc.
Appletree Capital Ltd., Northfield, IL Francis P. Manzo III, President, 847-441-1822 http://www.winstedholdings.com/ info*appletreecapital.com
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.0004 HOD
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