posted
I was just rereading the first 5 pages of this thread. Ah yes, those were the days. Back when you could buy a million shares for 3 or 4 hundred dollars.
Hoss, stop kicking yourself. We all wish we'd bought ten times as much and sold everything today at .0025, but hey, hindsight it 20/20. There will be plenty of other opportunities next year (Tuesday).
quote:Originally posted by kilerb: If it gets to a dime or something crazy like that happens... Make sure there are no fire arms in your immediate vicinity!!! I think everyone that plays pennies has done some moves they regret. I know I have!
LOL No regrets! Just frustration!
-------------------- I just want to make enough money to be eccentric.
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James J. Sinclair is a noted professional Marine Archaeologist and Conservator. He began his career with world famous treasure hunter Mel Fisher in Key West, Florida in 1980 on the expedition to locate the lost treasure galleon Nuestra Senora de Atocha. In 1985, the motherlode of treasure from the Atocha was discovered - estimated at being worth over 400 million dollars. Sinclair helped direct the archaeological excavations and was responsible for the cleaning and restoration of this fabulous collection.
During the past 20 years Sinclair has worked worldwide on shipwrecks of many different nationalities - the Caribbean, South Pacific, Indonesia, Australia and Mexico. Most recently he was chief archaeologist on the Atlantic Sands Expedition which located and recovered materials form an historic shipwreck in 16,000 ft. In the year 2000 he was the chief archaeologist on the Titanic 2000 Expedition, sponsored by RMS Titanic, Inc. He has been a guest lecturer and keynote speaker at professional archaeological symposia, universities and private corporations. He has also been featured in the national news including ABC, NBC, MSNBC, CBS, CNN, PBS, UNIVISION, and the National Geographic special on the Atocha Project. Most recently he appeared on the History Channel as an expert on the new show "The Most." Sinclair is also a consultant to NOAA and the Marine Sanctuaries Program and the Florida Keys National Marine Sanctuary.
In 1989 Sinclair was elected to the membership of the prestigious Explorers Club. Sinclair has conducted classes and field schools for students and sport divers worldwide in underwater archaeological techniques. He is currently the archaeologist for seven Spanish galleons lost on the east coast of Florida and on the Margarita 2002 Expedition. http://www.shiprex.org/board.html
Sprouse says that neither the company's independently retained chief marine archaeologist, James Sinclair, who worked on the wreck of the Titanic and other historic sites, nor its independent conservator, Ian Cross, is prepared to say the site of the Fantome itself has been pinpointed. The involvement of both Sinclair and Cross in the project has been approved by the Province of Nova Scotia. The company is dedicated to a careful, responsible excavation, he said, and has a 25-year record of meticulous marine exploration. http://biz.yahoo.com/bw/051206/20051206005608.html?.v=1
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posted
I am not beating myself up, more laughing at myself. This was the one I decided to be "smart" with and not ride down LOL
On a serious note though, and I don't mean to be bashing, get to free shares when you can. I don't know what their current o/s is, but they did up their a/s to 250 billion a month or two ago. Apparently they HAVE NOT been diluting, but it is always a threat with that kind of raise in the a/s
Like I said, not bashing, I obviously have called this one wrong so far!!
-------------------- I just want to make enough money to be eccentric.
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Joe, I was in at .0003 and swinging a few times. I exited at .0005 lol; so glad I came back (even if late).
RickPic is the one I thank for this one, for his excellent DD which got me interested in it. Too bad he gave up just before it broke. I don't think this is done at all...it has been moving on low volume (relatively) with no news. Next week could be very nice.
-------------------- May your trading build your character as well as your portfolio.
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posted
well, check out the instant multi-millionaires ...
INSIDER & FORM 144 HOLDERS*
Individual/Entity Most Recent Trans. Shares Owned as of Trans. Date BACA, ROBERT D. Chief Executive Officer Private Purchase 28-Nov-05 4,351,965,909 28-Nov-05 CAVAN, JAMES J Senior Vice President Private Purchase 2-Nov-05 7,242,000
2-Nov-05 CONNER, KEVIN J Director Ownership Statement 20-Oct-05 Not Reported
GROSS, BARRY S. Executive Vice President Purchase 21-Nov-05 4,315,967,274 21-Nov-05 GROSS, BARRY S. Vice President Purchase 3-Nov-05 8,999,991 3-Nov-05 KNOLLENBERG, PETER Beneficial Owner (10% or more) Private Purchase 29-Nov-05 4,336,967,251 29-Nov-05 SPROUSE, CURTIS R. Chief Operating Officer Private Purchase 2-Nov-05 19,706,000
2-Nov-05
Must be nice to buy stock and turn it around for 10s of millions in less than 30 days. I predict these guys will be unloading in january 06.. that's if they didn't purchase all restricted shares... and the company hasn't a limit of percentage of o/s allowed to sell at one time. But that's how the biz goes.
I didn't buy on Rickpic's pumping. I had Cali from before and I'm along for the ride. Unfortunately, Cali's previous name/symbol did r/s's, and those people are at the helm of svxp at this moment. Cali and previous exec's loaded up on shares just before a r/s. They sold before the r/s announcement then realigned the upper echelon for the re-naming. This is a common technique of the sub penny vaporshare corporations. But Happy New Years anyways............ S5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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posted
Hope you are right Joe. And don't mind Stockster, everyone needs a resident basher. It's always good to be reminded that we are dealing with the otc marketplace.
-------------------- May your trading build your character as well as your portfolio.
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posted
Yep, anything can happen. I'm in and hope it goes up. I've seen stocks go up and there's always bashers. I've seen stocks plummet after someone says "Chart looks to explode." If anyone really "knew," they'd be way to well off to be posting on Allstocks. We just have to collect all the info we can and base our decisions off of that. Our just close our eyes and guess. We might be better off that way sometimes it seems!
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posted
Thanks Thorn, nice to know I'm loved. Well, basher or not, I'm invested in this boat... sink or sail. I have a small cache in it, so not much to lose. I'm actually trying to get more cash and buy, because I want to do my normal technique of buying enough so I can sell a percentage to cover my investment, maybe buy on dips, but always keep some in the game for that... what's the saying 'Homerun' We will see.
Happy New Year GLTA S5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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posted
Wow, couple of things in that link from ShortTermMemory are very interesting... one which is the chance it's not the fantome. The other is the US may not release ownership as well. I appreciate where Halifax filmmaker John Wesley Chisholm is coming from, but I think Mr. Chisholm has another agenda, he may have self interest involved here. Like time and money spent researching and developing his documentary. As a video producer myself, I receive a budget from sponsors and have to show product or else pay them back. This isn't easy as most of the front money is spent on production development. But Mr. Chisholm is pissing me off, because I don't feel he has the treasure or ship at heart. That's just my opinion though.
The small circle of people who see these PR's and forum posts will have to figure this crap out for themselves I guess. S5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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posted
Regardless of who is coming from where, I think it's pitiful how the goverments take advantage of salvage companies by claiming the loot is theirs. They should be negotiating instead of strong-arming them. If not for these salvage companies they would have ziltch. If it was me, I'd just drop the stuff back down into the waters when the government started whining about it.
It's pretty sad, really. WHERE were they when there was no mention of anything being recovered or found? Why did they wait til the midnight bell to sound the alarm??
Sad, really.
Sure, they say it is grave robbing, and the sites should be preserved... but not recovering the treasures is not going to "preserve" anything. You can't exactly go sight-seeing down there.
Now, give them a percentage in the take and you'll suddenly notice that they are as quiet about it (and supportive) as is/was Spain with the Sea Hunt company. Did you guys notice that?
-------------------- May your trading build your character as well as your portfolio.
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posted
Sovereign Exploration Associates International announces board to be further strengthened by addition of noted Philadelphia attorney, John Barr Esq. Tuesday January 3, 10:08 am ET
NEWTOWN, Penn.--(BUSINESS WIRE)--Jan. 3, 2006--Sovereign Exploration Associates International, Inc (OTC BB: SVXP - News) is pleased to announce the addition of John J. Barr to its Board of Directors. Mr. Barr further strengthens SVXP's pool of Directors to guide it into further expansion in 2006 and beyond.
ADVERTISEMENT John J. Barr is the managing and founding partner of Palmer & Barr, P.C., a regional law firm located in Willow Grove, Pennsylvania. Palmer & Barr, P.C. is an A.V. rated law firm (highest rated) specializing in civil litigation. Mr. Barr has extensive litigation experience and has been trying cases for over twenty (20) years. He was recently recognized by Philadelphia Magazine as a "Super Lawyer" awarded to less than five percent (5%) of practicing attorneys in the five (5) county Philadelphia region.
"John Barr's extensive corporate experience will provide SVXP with a Board Member who will complement his peers and provide a tremendous understanding of both financial and legal issues," said Robert Baca, CEO of SVXP.
Mr. Barr received his undergraduate degree in Accounting from LaSalle University and his Law Degree from Widener University.
Mr. Barr represents the fifth new member of the SVXP Board of Directors. SVXP intends to add a sixth Board Member over the next few weeks. Once the new Board is set, SVXP will establish a separate Board of Advisors composed of top industry experts. "The Advisory Board will provide SVXP management access to top level science, content development and commoditization resources," said Peter Knollenberg, Chairman of SVXP.
About Sovereign Exploration Associates International, Inc.
Sovereign Exploration Associates International, Inc. (OTCBB:SVXP - News) is a Business Development Company under the Investment Company 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
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.
Contact:
Sovereign Exploration Associates International, Inc. Curtis R. Sprouse, 781-246-7512 Fax: 781-245-7774 www.sea-int.com
posted
Yeah, I had 1.5 million and sold .5 million at .15 to buy more GZFX. GZFX went up, but I didn't think this would bounce back to .0018. I would've held on to all of em, but i thought things were looking pretty bad this morning. Ya never know!
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posted
one thing that's been bothering me, is when Sprouse came in around Oct 05, the PR's made it sound like he had years of experience as well. Well as far and deep as I've searched, Mr. Sprouse came from years at a pharmaceutical insurance or planning company. Boston something... Stuff that rings weird like that sticks to me. And again, 250 bil issued is too close to the tide coming in for R/S'ing. I hope not. Myself, I'm not set up with my count in shares to do my 50% thing. I, just for once would like to see a penny company become a dollar company... just once... S5
-------------------- Eagles may soar, but weasels don't get sucked into jet engines....
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posted
We don't know what the o/s is. We just know that the a/s is up to 250 billion. It obviously isn't all outstanding or there wouldn't have been any upward movement.
As for the r/s if you read through the documents there WILL BE a r/s this spring. It was part of one of the contracts. It has been a month or so since I read it, but there will be an r/s.
So ride it as long as you can, but take profits when you can.
-------------------- I just want to make enough money to be eccentric.
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posted
Here it is from right before the ticker change 10/17/05 8-K filing -- a) The Parties understand and agree that there is a current Amended Reg. E. Offering outstanding for CALI., and upon completion of the current Offering, but in no event later than April 1, 2006, CALI shall reverse split (“RS”) the common shares so that SEAI has 90% ownership of CALI through the common shares or the Class A and Class C Preferred Shares. The Parties understand that the exact amount of Class A and Class C Preferred shares to be issued to SEAI for the 90% control depends on the calculation of the reverse split in this provision Art. 1(a). --
-------------------- I just want to make enough money to be eccentric.
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posted
Someone really wants to crash the SVXP party. There have been multiple attempts to push down the price, and yet it is holding. Makes me wonder if the MMs are shorting it (and failing ).
A r/s just gives you less shares of stock for the same value. Most commonly, the r/s is performed to get the price back up from a very low price. Howver, there are other reasons. Since probably the majority of r/s are performed by companies with poor finances (or poor ethics), r/s is something of a bad word. However, a company that has good finances can do a r/s and still go up after the r/s.
Basically, for SVXP, I think it depends highly on what value the stockholders place on the company, as to what will happen when they do a r/s to satisfy the requirements stated in the 8-K. If the company starts reporting income in recovered treasures, I think we'll be fine. If not, I would not be surprised if the pps drops following the r/s.
-------------------- May your trading build your character as well as your portfolio.
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