quote:Originally posted by stock_82: Give it a few weeks and qbid could very well be back down to the level it was at. I'm not saying that it will happen, but it could happen. It happens all the time. Look at cdvj about 2 months ago....shot up to .02 and look at it now. Anyways, cdvj has got good things coming this week. IMO, it WILL pop, I don't know how much though. I don't know if it will pop to .01 to .015 or if it will just double like it did a few weeks ago up to about .007 or so and then settle again. Just watch it closely!!
you're right...it COULD happen...and CDVJ MIGHT hit a buck someday...the moon MIGHT fall out of the sky...bin Laden MIGHT turn himself in...
I'd say the odds are in QBIDs favor though...
I'm holding CDVJ and QBID...I think they BOTH will jump higher at some point...hopefully soon
posted
NEWS - Looks like EVERYBODY gets the free shares - even those who sold.
.................
CortDev, Inc.'s Wholly-Owned Coastal Holdings, Inc. in Negotiations to Acquire Interests in two Israeli Biotechnology Firms HOUSTON, Apr 16, 2004 (BUSINESS WIRE) -- CortDev, Inc. (CDVJ: Pink Sheets) is pleased to announce that its wholly-owned company Coastal Holdings, Inc. (CSJJ: Pink Sheets), is in the process of completing the acquisition of a stake in two revolutionary Israeli biotechnology firms that will make a shift in the paradigm of their respective fields. The advanced bio-technologies of both companies will be a giant step forward in benefiting and protecting mankind. The companies were screened and identified by the Jerusalem Investment Forum (JIF) and the acquisitions are being negotiated by its directors. Yehuda Glatt of the Yehuda Raveh Legal Office is acting legal counsel. The initial round of investment will be for a total of $5.0M, according to agreed upon milestones.
Beyla Potasz, JIF Director, was quoted as saying that the acquisitions will be financially, mutually beneficial for the new and existing investors in both companies and Israel as a whole. We are very impressed by CEO Mr. A. Cortellazzi's commitment to investing through JIF. We look forward to his forthcoming trip to Tel Aviv on April 27. Coastal Holdings, Inc. will announce the names of the companies at JIFS, an invitation-only luncheon for accredited investors and start up companies, to be held at the Tel Aviv Hilton on April 28.
In regards to all investors who purchased shares of CDVJ with a settlement date of April 9, whether they are still holding them or not, they will still be entitled to receive restricted shares of CSJJ.
For further information please contact Investor Relations at (973) 351-3868.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. More information about potential factors that could affect the company's business and financial results may be obtained by contacting the company at by phone at 973-351-3868. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
SOURCE: CortDev, Inc.
Taylor Capitol, Inc. (Investor Relations) Stephen Taylor, 973-351-3868 E-mail: STEPHTAYL9@AOL.COM
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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posted
WOW...looks good and cdvj is responding nicely to the news. Very good news!! If we can get some value in csjj, then those free shares are going to look more and more enticing. The weekend will give investors a chance to read the article the get more interest in cdvj. I'm looking for a nice run next week. Cross your fingers. Personally, I hope the gains stay at about 20% a day so it doesn't break the upper band...bearish sign. A nice gradual increase would be nice. I don't think we'll start seeing heavy heavy volume until the stock proves that it's leaving the .003 area for good. That's the case with most stocks...lower volume until people see that they really are shooting up. Congrats to those who bought at .003 or lower, because IMO, it's up from here.
[This message has been edited by stock_82 (edited April 16, 2004).]
Posts: 164 | From: New York, NY, US | Registered: Feb 2004
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posted
Looks as if they couldn't extend till 5/19, "In regards to all investors who purchased shares of CDVJ with a settlement date of April 9, whether they are still holding them or not, they will still be entitled to receive restricted shares of CSJJ."
Nice to see GREEN too!
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Actually Will - I would say, imo, that everyone gets them, those who owned on April 9th, those that sold since, and Anyone who buys in the next month.
It looked like THIS news was gonna move us up , but back down to .0032 already. Geeeez
What the hell gives with this stock....
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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posted
humm.... you'd expect CSJJ to 'do' something, right? But it's just sitting there at -0.01, pps of 0.19. I understand that CSJJ will eventually dramatically decrease in price, to accomodate for the payment of shares to CDVJ holders... but in the meantime, I wonder if it'd be worth buying some CSJJ, 'cause if the acquisition of these 2 new bio-tech companies goes through... and they are producing a valuable product, CSJJ will sky-rocket! I mean, really, bio-techs are worth DOLLARS, not cents. Add the fingerprinting tech already owned... this stock could SERIOUSLY be headed skyward. Something to think about, no? salemm.
[This message has been edited by salemm (edited April 16, 2004).]
posted
The way I read the news of the original extension of the CSJJ dividend was, that you had to be a holder of CDVJ as of 5/19, the 4/9 was taken off the table. Maybe I just misread it.
quote:Originally posted by Love the Market: Actually Will - I would say, imo, that everyone gets them, those who owned on April 9th, those that sold since, and Anyone who buys in the next month.
It looked like THIS news was gonna move us up , but back down to .0032 already. Geeeez
What the hell gives with this stock....
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
The way that I read it is that if you owned on the first date (April 9), no matter what you did with your shares after that you will still get the freebies. Now others will come into play that didn't own on the 9th. They must be shareholders as of record May 19th. So anyone who owned on April 9th it doesn't matter what we do with our shares.
Posts: 166 | Registered: Dec 2003
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quote:Originally posted by will: Looks as if they couldn't extend till 5/19, "In regards to all investors who purchased shares of CDVJ with a settlement date of April 9, whether they are still holding them or not, they will still be entitled to receive restricted shares of CSJJ."
Nice to see GREEN too!
My understanding was they moved the record date from 4/9 to 5/19. Now this PR says if you held 4/9 you get the dividend but doesn't say anything about if gthe 5/19 is still valid. Makes me wonder if there will be two dividends, but that really doesn't make sense. Besides, if somboday bought after 4/9 expecting the date is now 5/19 and NOW they are told in essense "just kidding" then there is a lawsuit waiting to happen.
posted
We don't need any talks of lawsuits here because there is nothing wrong. If you decided to sell after April 9th you will still get your shares. Anybody who wants to add to their position or get in will now have unitl May 19th before they are distributed. Case closed.
Posts: 166 | Registered: Dec 2003
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posted
And I will say this. If CSJJ drops and drops after the distribution it will not be for long if they keep up with what they are doing. Afingerprint tech company and two biotech companies does not equal low PPS IMO. CDVJ down to .0029. They are holding the price down and this is a great buying opportunity.
Posts: 166 | Registered: Dec 2003
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quote:Originally posted by flemdog: We don't need any talks of lawsuits here because there is nothing wrong. If you decided to sell after April 9th you will still get your shares. Anybody who wants to add to their position or get in will now have unitl May 19th before they are distributed. Case closed.
Wow, I'm glad its so clear to you. I just don't see how they are going to keep things straight without paying double dividends on some of the stock. If I had 100k shares on 4/9 and sell them to you before 5/19 then we BOTH get the dividend? What if I sell my 100k then buy them right back. Do I get 2 dividends?
I've written the contact address in the PR to see what they say.
posted
Excellent post! My guess is they tried to extend the dividend to 5/19, and found they couldn't. I find it very difficult to believe they didn't know that before hand though. If they didn't know that's pretty scarey. Consider what that tells you about who is managing this company.
quote:Originally posted by GatorMan: Wow, I'm glad its so clear to you. I just don't see how they are going to keep things straight without paying double dividends on some of the stock. If I had 100k shares on 4/9 and sell them to you before 5/19 then we BOTH get the dividend? What if I sell my 100k then buy them right back. Do I get 2 dividends?
I've written the contact address in the PR to see what they say.
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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quote:Originally posted by will: Excellent post! My guess is they tried to extend the dividend to 5/19, and found they couldn't. I find it very difficult to believe they didn't know that before hand though. If they didn't know that's pretty scarey. Consider what that tells you about who is managing this company.
I think a lot of these pink sheet companies the people who run them may not know all the SEC rules and regs. They probably should, but it probably takes a real expert to fully understand and that costs money.
posted
Down again, whats new? Im just wondering how long i would have to hold this sucker to get back to even. Whew, probably never. Seems like good news to me, but were still down. Go figure B
Posts: 300 | From: Comer, Ga, USA | Registered: Mar 2004
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posted
Has Andrea opened a NEW can of worms? Does he realize if he gives 1 free CSJJ share to everyone who owned 100 CDVJ shares on April 9, and they sold this past Monday, or sell today if they owned on the 9th, and buy back in on Monday the 19th, for example, and hold them on May 19th, he could be on the hook for TWICE as many free shares as he planned on?
Say I sell all my shares TODAY. I have 176,200, which I bought in MArch. On Monday, I buy 200,000 shares and hold through MAy 19th. I am owed 1762 + 2000 = 3762 free shares of CSJJ - Who's to differentiate?
Others are saying they've ALREADY done it!
If Andrea has no choice but to honor what he keeps promising - then CSJJ will be as diluted as CDVJ in no time. I don't know WHAT made him think people who didn't want them by the 9th of April would want them now. We had terribly low volume on the 6, 7 and 8th of April, and he had already said even people buying the 8th WOULD get them, not to worry about 3 day settlement.
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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posted
Let's not jump to conclusions about this whole stock dividend until we have more information. It does no good to speculate. I agree, the PR wasn't too clear about the situation, but let's not speculate and make this into a big deal when we don't know for sure what is going to happen.
Posts: 164 | From: New York, NY, US | Registered: Feb 2004
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They will be restricted for 1 year - so none of this really matter anyway. I sure as hell hope I'm not in this thing in 1 year - and really don't care about the lousy free shares. Heck - who even knows if Andrea and his companies will be anywhere to be seen in one year.
What is this - the 12th good PR in a row we tank on?
The Pope could put a Papal Blessing on this damn thing and it probably wouldn't help....
[This message has been edited by Love the Market (edited April 16, 2004).]
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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posted
I think we're all getting tanked on this one ... but I'm holding because I've done the DD, the airport job is coming along and I truly believe this company is largely undervalued at these and previous levels. This loss we've taken on paper is not a loss until we sell. IMHO the reward is going to be worth the wait. I recall Hippo making a response saying something regarding the poor investors in PAVP who panic sold. They will largely regret it IMO.
------------------ Gus
Posts: 575 | From: Orlando, FL, US | Registered: Jan 2004
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posted
i jumped in to pavp at .01. no sense in selling now. we've got a long way to go to .01. c'mon pavp! i mean cdvj or whatever your symbol is these days....
Posts: 353 | From: Bay Area, CA | Registered: Feb 2004
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posted
It's almost as though, they hold the pps down about %20 everyday and then towards the close, they bring it back up to break even or +-.0001. I don't know what's up with that...maybe they pull it down so the buyback program can get cheaper shares. I wish it would show signs of life. I'm averaged at .0076 and by the time this thing does eventually pop, I don't know if it will pop enough to still make a profit. I thought the PR last week was great...2 new acquisitions, but still no sign of life. What's up? Hippo did you ever email the company?
Posts: 164 | From: New York, NY, US | Registered: Feb 2004
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posted
This stock is still being manipulated people ... I am trying to buy shares at these levels but every time I put the order in to purchase, the price mysteriously moves to .003 seconds after the order has gone through(this has happened over 5 times)-- this one's going to pop it's just a matter of time. Patience is a virtue.
------------------ Gus
Posts: 575 | From: Orlando, FL, US | Registered: Jan 2004
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posted
I would love to see it pop Gmoney. But what makes you so sure it will? Lots of people think it is being manipulated, especailly with the buy back. Hippo was going to clal the company and ask, i wonder if he did? Hippo? But do you have any info. G? B
Posts: 300 | From: Comer, Ga, USA | Registered: Mar 2004
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posted
From RB: 2 posts... one confirming the other. salemm.
-------------------------- By: phrreee 19 Apr 2004, 10:04 AM EDT Msg. 6521 of 6574 Jump to msg. # per Bill Little....O/S share count remains the same as last week and the week before...no new shares issued, DILUTION ENDED
------------------------ By: maxamillion45 19 Apr 2004, 11:02 AM EDT Msg. 6556 of 6574 Jump to msg. # Gang, I also called Bill Little (transfer agent) and confirmed that there was no o/s increase. O/S still stands at 1,127,000,000, unchanged for the past couple of weeks. I asked him if it decreased with share buy back. He said he had no record of that. Would there be record that any shares in the o/s were now restricted with a buy back, or would we not be able to see that? This is good news that the increase stayed the same. Andrea is keeping his word to all of us.
posted
What do you guys make of this? Do you all think it will be a good week ahead? Doesnt seem like its dipping much lower! I sure hope not! GLTA B
Posts: 300 | From: Comer, Ga, USA | Registered: Mar 2004
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A couple of people on RB have confirmed with the transfer agent that, as of now, as per Andrea Cortellazzi statements on PRs, people who held CDVJ shares on April 9th... will get some dividend shares of CSJJ. Now, IF those people are still holding the SAME shares on May 19th, they will AGAIN receive ANOTHER, same amount of CSJJ dividend shares. Meaning... if you had CDVJ on both dates, you get DOUBLE the dividend shares of CSJJ. Likewise, if you sold after April 9th, you'll get the dividend. If you subsequently rebought some CDVJ after April 9th (before May 19th), you'll again get dividend shares.
Suddenly, these CSJJ shares are looking mighty 'trashy'. I mean, they're giving them out like candy on Halloween! Not good in my opinion... but what do I know! salemm.
posted
From RB... email to M. Beaudoin, St-Hubert Airport Manager-type... salemm. -----------------------
By: jcrom56 19 Apr 2004, 11:57 AM EDT Msg. 6586 of 6591 Jump to msg. # Email from M. Beaudoin:
Good morning,
CortDev did not survey the land. We are waiting for the approval for the type of aircraft that CortDev will like to bring to his new hangar.
Have a nice day -----Message d'origine----- De : John Crom [mailto:jcrom @ec .rr .com] Envoyé : 16 avril, 2004 16:57 À : Beaudoin, Michel Objet : survey
posted
From RB... and please remember to take everything with 'a grain of salt'. salemm. ---------------------------- By: firefight4 19 Apr 2004, 12:02 PM EDT Msg. 6588 of 6593 (This msg. is a reply to 6579 by redflags0.) Jump to msg. # redflags, call Andrea and ask him. I just spoke with him and he said the buyback is happening and anyone who wants to sell at these levels they will gladly buy up those shares. He pointed out the 100 million in volume on Friday as an example of the buyback in action. By the way, thats a pretty bold accusation you are making! It looks to me that Andrea is using the buyback to support the share price here and absorb any selling that comes along. Why would he use the buyback to push the share price and therefore pay more for the shares? At some point he may do that but I bet he wants to buy as much as possible at the lowest price possible.
posted
From RB... we're all hungry for info... so I'm just taking the best of RB posts for you to digest. salemm.
By: redflags0 19 Apr 2004, 12:15 PM EDT Msg. 6595 of 6597 (This msg. is a reply to 6590 by the_unknown_factor.) Jump to msg. # exactly, unknown - we should see the RESTRICTED percentage of the O/S RISING ----- each week, as the buyback continues. LET'S FIND THAT OUT.
And if we do not see the RESTRICTED shares rising then we might be able to verify whether ANDREA had in fact NAKED SHORTED HIS OWN COMPANY TO INCREASE HIS CASH POSITION. UNFORTUNATELY, GUYS, THIS IS ALSO common in pinks land.
posted
its important to note that the increasing OS was a reason that we took such a dip. Between the actual dilution, and dwindling investor faith in our CEO we dropped pretty nasty. Finding out our OS is now back down to around 600 Mil could help us out big time.
Posts: 1148 | Registered: Jan 2004
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posted
Seroiusly, .0025. What better time to average down then now? Can someone either stop me or make me do it? i really cant decide. Its a tough call, but man, it has to be set up for at least some kind of small gain this week. PLEASE! B
Posts: 300 | From: Comer, Ga, USA | Registered: Mar 2004
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posted
Just learning I am in the same boat as you. I am thinking if I average down again at .0025 I could get to .0044 to break even. I am at a .0079 break even point now. That sounds good but every time I buy it goes down, what if we see .0012. What really chaps my a$$ is the money I averaged down with last time was suppose to buy more QBID when it was running around .003-.0033. It is a tough one. I am up over 6 times on QBID but will be even happier when I sell CDVJ at a break even point. I believe it is a good company and really under valued at .0025 but how many times do you keep burning yourself. Each time I buy I am putting more money in a shaky situation.Any thoughts? I feel like Rocky when he is all beat to s&*t and yelling Adrian, but I am yelling Andrea. Greenhorn
Posts: 67 | From: Hamilton, Montana | Registered: Jan 2004
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posted
I guess the answer lays with your particular situation. Do you have the freed up funds? Would you rather look elsewhere for opportunties? I am not sure if the .0025 is a good support level. Late last week we saw it trade at .0020. At .0020 I think I will "HAVE" to purchase more to average down. Again, everyone's situation is different. I have a modest amount of shares, in at .0063 average, and cash on hand to purchase more, but others are in deeper and with larger losses. .0020 is aweful tempting, and frightening. Notice, after it traded down to the .0020 last week it recovered to the .0035 level. Today it opened in the .0030's and went South from there. Tomorrow might be the opportuntiy. I just wish it would do something SOON!
Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Thanks for the reply Will. I think I will just sit tight for a while and look else where. If I don't see anything that appeals to me and it goes to .002 I will reevaluate. .002 would put me in a lot better shape. I know CDVJ has made this Greenhorn alot more cautious. Greenhorn
Posts: 67 | From: Hamilton, Montana | Registered: Jan 2004
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