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» Allstocks.com's Bulletin Board » Reverse & Forward Split Notification and Information » 05/05/08

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Author Topic: 05/05/08
*Mag*
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CBUS 
Columbus Ventures Inc. Common Stock 
CLBV 
Columbus Ventures Inc. New Common Stock 
4-1 F/S; Payable upon Surrender of Certificates

OBFM 
Obee's Franchise Systems, Inc. New Common Stock 
OBEE 
Obee's Franchise Systems Inc Common Stock 
1-100 R/S

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Scheid27
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Don't Forget ERUC filed the papers to do a 1 for 20 reverse split. Unfortunately for me I can't even sell it or I have lost money in commission fees. So I guess I will just ride it out. I thought it would be a long term investment. Not this way. Thanks for all the info Mag and please keep up the great work.
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*Mag*
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Thanks for the heads up Scheid27; I will check it out later tonight and add it to the pending splits thread...

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T e x
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you get CCCX?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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*Mag*
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quote:
Originally posted by T e x:
you get CCCX?

No I didn't; that looks like a 3-2 f/s right?

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T e x
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yes, sir


oh...and a name change:

http://www.otcbb.com/asp/dividend.asp?sym_id=CCCX&dDate=5/6/2008&sDateType=ex_da te

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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bilgert
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Did you Tex-man? I saw it and wasn't enticed...
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T e x
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thought about it...seems like those things work out for Plastis, lol.

but, no...neither spread nor volume made sense to me.

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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frankuniversity
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quote:
Originally posted by Scheid27:
Don't Forget ERUC filed the papers to do a 1 for 20 reverse split. Unfortunately for me I can't even sell it or I have lost money in commission fees. So I guess I will just ride it out. I thought it would be a long term investment. Not this way. Thanks for all the info Mag and please keep up the great work.

Oh, not to worry! Jerry, I'm sure, is devoting hours to finishing the reverse split papers.
Their 'bay-back' scam was pretty smart. Announce a buy-back, then buy enough to pump the price up, then put in millions in naked shorts.

What goes around, comes around (hopefully).

Neither the SEC or the Florida Attorney General seem included to pay attention; their attitude seems to be: "If you're stupid enough to play penny stocks, then you get what you deserve."

I lost a LOT of money in ERUC; the first (and only) penney stock I played. ERUC has a great idea, but when the goal is quick money, the business concept is developed just enough to get cash flowing in - the abandoned.

How long has it been since Jerry announced a new center or any upgrade in services or billing figures? Basically, they've gone silent except for the 'buy-back' and the removal of 1/2 billion shares from the pool of 3 billion. That's a lot like a cup of water from a 55 gallong drum; a photo-op, but nothing more.

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