CALI Holdings, Inc. Changes Name to Sovereign Exploration Associates International, Inc. 10/26/2005 4:02:03 PM NEWTOWN, Pa., Oct 26, 2005 (BUSINESS WIRE) -- CALI Holdings, Inc. ( CALI ) announced today that effective immediately its new name and trading symbol is Sovereign Exploration Associates International, Inc. (OTCBB:SVXP).
About Sovereign Exploration Associates International, Inc.
Sovereign Exploration Associates International, Inc. (SVXP) is a Business Development Company under the Investment Act of 1940 undertaking shipwreck exploration and recovery initiatives. Pursuant to Section 13 or 15(d) of the Security Exchange Act of 1934, SVXP has filed Form 8-K.
SAFE HARBOR
The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the failure of the ships to contain cargo of historic, archeological or intrinsic value, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
SOURCE: Sovereign Exploration Associates International Inc.
Sovereign Exploration Associates International Inc. Curtis R. Sprouse, 781-246-7512 Fax: 781-245-7774
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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I'm still showing the CALI symbol in my accounts, is anyone else showing a number or the SVXP symbol this AM in there accounts? We may trade for today under CALI.
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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Scottrade still showing CALI##, so waiting as usual. Has taken them a week before to get things switched over.
Posts: 1097 | Registered: Jun 2005
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I emaile scottrade, if it's not changed in an hour or so I will call them.. I suggest everyone take similar actions or you wont be able to sell if you need to or want to today.
Posts: 562 | From: NY | Registered: Jul 2005
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quote:Originally posted by MasterQuinn: I emaile scottrade, if it's not changed in an hour or so I will call them.. I suggest everyone take similar actions or you wont be able to sell if you need to or want to today.
so you are saying it won't sell if it's still listed at my broker as cali?
Posts: 462 | From: FL | Registered: Oct 2003
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I don't know crocket,, I tried to test a trade sell scottrade changed the symbol in my account to cali## and I put that in to sell and it says invalid, I also tried SVXP and it said I don't have any shares.. So,. Not sure.. Liek I said it this thing gets into the territory where I want to sell I'm gonna call and tell them to sell but.. Not sure,..
Posts: 562 | From: NY | Registered: Jul 2005
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Thorn, I don't plan on it but if this thing triples in the next hour I will sell SOME of my shares.
Posts: 562 | From: NY | Registered: Jul 2005
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quote:Originally posted by MasterQuinn: I don't know crocket,, I tried to test a trade sell scottrade changed the symbol in my account to cali## and I put that in to sell and it says invalid, I also tried SVXP and it said I don't have any shares.. So,. Not sure.. Liek I said it this thing gets into the territory where I want to sell I'm gonna call and tell them to sell but.. Not sure,..
Similar situation with TDWaterhouse. I'm able to look at svxp quote, but can't look up the chart, news, etc. I'm sure it's just a matter of their entire "system" to update. I'd imagine that changes like the symbol name, etc. take some time to propagate. Just my guess.
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
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I called scottrade to ask and they said it should be done EOD.. so.. we'll find out.. In the meantime he said just call and trade over the phone.
Which is old school.
Posts: 562 | From: NY | Registered: Jul 2005
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LOL! I'm betting that out trading houses just love these penny stocks.. Name changes, R/S's, F/S's.. stocks going into. well, just going until gone! Glad this one is just a name change!
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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I dont think cali had much of anything, but the company they are now claims to have 15 shiprecks recovered and they were private so, they didn't publically post what this stuff was worth.. It could be worth Billions.
Posts: 562 | From: NY | Registered: Jul 2005
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quote:Originally posted by MasterQuinn: Thorn, I don't plan on it but if this thing triples in the next hour I will sell SOME of my shares.
Don't let me sway you. I wasn't entirely serious. I would have sold at 50% since with no PR I expect it will drop back down. No trading today it seems though (since SVXP is an "invalid" symbol to Ameritrade).
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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Ameritrade streamer has it with 32MM volume so far.... I have not attempted to trade it.
-------------------- I'm not going to comment further, as I refuse to get into a battle of wits with an unarmed person.... Posts: 546 | From: Columbus | Registered: Aug 2005
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