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The BlackHawk Fund Positions First Portfolio Company To Go Public! via COMTEX
April 29, 2005
CARSON CITY, Nev., April 29, 2005 /PRNewswire-FirstCall via COMTEX/ --
The BlackHawk Fund (OTC Bulletin Board: BHWK), announced today the decision by the Board of Directors to bring the first portfolio company public. The BlackHawk Fund develops portfolio companies as wholly-owned subsidiaries. Once the business model is successful, the portfolio company looks to become publicly traded to obtain higher valuations. In most cases, the market cap of the new public company exceeds $1 million, which greatly increases the valuation of the equity held by The BlackHawk Fund.
The BlackHawk Fund acts as a business development company, providing guidance, management and resources to the portfolio company in exchange for a majority equity interest. The BlackHawk Fund plans to develop and bring public additional portfolio companies throughout the year.
From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
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come on over to EVSC ! ! it's holding a 90% gain from yesterday.... no drop back....
stock buyback plan and they actually have a product in the works... . Phase 2 trials are done and they'll present to FDA this week I think
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okay, this is bull crap. I had my order in to sell at .0003 since before the ask went to .0003 and it still hasn't gone yet. Etrade sucks.
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BHWK sucks alll these .0001 and .0002 stocks stink they all dillute and reverse split etc.
just cause it's .0001 doesn't mean it can't go lower! they reverse split it, then it drops another 90% think about it... the # of shares outstanding time .0001 is still probably some hudge market value that is way more than the company is worth.... this stock used to have different symbol I think... they change the name etc. to hide thier past scams and reverse splits...
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quote:Originally posted by pick em low: BHWK sucks alll these .0001 and .0002 stocks stink they all dillute and reverse split etc.
just cause it's .0001 doesn't mean it can't go lower! they reverse split it, then it drops another 90% think about it... the # of shares outstanding time .0001 is still probably some hudge market value that is way more than the company is worth.... this stock used to have different symbol I think... they change the name etc. to hide thier past scams and reverse splits...
It was just a daytrade pick. You are familiar with them? A quick 200% pick up. Definitely not a hold....quick money play
-------------------- It is impossible to make anything foolproof because fools are so ingenious.
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quote:Originally posted by pick em low: BHWK sucks alll these .0001 and .0002 stocks stink they all dillute and reverse split etc.
just cause it's .0001 doesn't mean it can't go lower! they reverse split it, then it drops another 90% think about it... the # of shares outstanding time .0001 is still probably some hudge market value that is way more than the company is worth.... this stock used to have different symbol I think... they change the name etc. to hide thier past scams and reverse splits...
It was just a daytrade pick. You are familiar with them? A quick 200% pick up. Definitely not a hold....quick money play
Yea, and etrade screwed me out of my quick pick up. played it perfectly buying in at .0002 then put the sell order in right away at .0003. The ask went to .0003 and etrade dropped the ball and never executed it. Now it looks like I will just have to break even.
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REVERSE MERGER: Our Profile List stock New Harvest Capital Corp. (OTCBB: HVST 0.016 x 0.019) issued an 8K announcing they have executed a non-binding Term Sheet with a privately-held company which is a development stage biopharmaceutical company that is focused on the development and commercialization of diagnostics and therapeutics for large populations in inflammatory diseases.