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IMO the fun is over (today it was going down but news brought it back up...i figure they are out of news); time to move on to greener pastures. I just got in RWNW as the CEO is the same as NNNC and just started its run today, could be crazy tomorrow.
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I know you don't just click on a link and get all that info...what if you could PM about 4-5 of us and we'd post on affected threads?
i dunno--just brainstormin' here...
!!!Folks--*magnetic* goes to some verifiable time-consuming work to keep us updated on splits. This is valuable info, as you can lose big by not knowing, or win big by being in the loop. Volunteers to help would be nice.!!!
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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sorry to be the bearer of bad news but i, personally, would get out. We know how rs affect the stocks, and i dont think many people have found this filing.... anywho, good luck to all...
-------------------- "I sell ice in the winter, i sell fire in hell, I AM A HUSTLA, BABY, i sell water to a well!"
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wow, lol, its just a lyric, geez. Thats my opinion, im not trying to bring it down so i can get it cheap, geez. Im stuck in ddsi, slwf, and bhwk, those are my winners. Its just, ive been caught in R/S before, and i got burned by it. Anyone remember ZANN?
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Nannaco, Inc. Declared in Default on Convertible Debentures
NEW YORK, NY, Aug 16, 2005 (MARKET WIRE via COMTEX) -- Divine Capital Markets LLC, a registered broker dealer located in New York, New York, announced that on August 12, 2005, holders of Nannaco, Inc (OTC BB: NNNC) 2003 convertible debentures issued a notice of default to Nannaco. The debentures are convertible by the holders on demand into Nannaco common stock at a 25% discount to the lowest closing bid price of the 20 trading days immediately preceding the date of conversion. Divine Capital Markets LLC acted as Nannaco's placement agent in connection with the issuance of the debentures. Divine Capital is making this news release to ensure that the issuance to Nannaco of a notice of default is publicly disclosed.
Disclaimers and Safe Harbor statements under the Private Securities Litigation Reform Act of 1995: Divine Capital Markets LLC makes no recommendation with respect to the purchase or sale of any securities of Nannaco, Inc. and expresses no opinion on the advisability of any investment in Nannaco, Inc., the accuracy of the factors cited in the notice of default discussed above, the willingness or ability of Nannaco, Inc. to cure the cited or any other any event of default within the applicable cure period or otherwise or the financial condition or prospects of Nannaco, Inc. Statements in this news release looking forward in time involve risks and uncertainties, including those associated with market risks, actions of third parties and other factors, known and unknown. These statements may be identified by the use of words such as "may," "will," "should," "potential," "expects," "anticipates," "intends," "plans," "believes" and similar expressions. These statements are based on current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties. Divine Capital Markets LLC disclaims any obligation or duty to update or correct any of its forward-looking statements.
For more information contact:
Danielle Hughes CEO Divine Capital Markets LLC 212-344-5867
or
Send correspondence to: 4916 Point Fosdick Dr., Suite 102 Gig Harbor, WA 98335
SOURCE: Divine Capital Markets
Copyright 2005 Market Wire, All rights reserved.
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SUBJECT CODE: Financial Services:Investment Services and Trading Financial Services:Commercial and Investment Banking
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Whats everyones take on NNNC, getting good volume but all trades are equal. My DD is not showing much of anything in the last few days.
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The Registrant [ NNNC ] disputes that it is in default on the agreement and is currently working to ADDRESS and, if APPROPIATE, SETTLE the PURCHASERS CONCERNS....... ------------------------------------------------- The dispute only involves $50k
Man, thats peanuts in this kind of dispute!
Once in awhile a no brainer comes along, well, NNNC is my pick for a no brainer..
It may drop some more, BUT, I am fairly certain we will see a hell of a re-bound next week!
VERY VERY seldom do I go in heavy with a OTCBB For this one I have set aside $5000.00
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Good luck tomorrow, bro, looks like it might be a sweet week ![[Frown]](frown.gif)
but i, personally, would get out. We know how rs affect the stocks, and i dont think many people have found this filing.... anywho, good luck to all...
