posted
OK, this is going back up. My funds have not hit my account yet, and this is costing me valuable shares. I'm screaming conspiracy !
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I was talking to my brother who is in California the other day and he told me that he thought that he heard about TFN somewhere. I'm gonna ask him again where it was.
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that was how they acquired the SNYY stock. they sold Terra to concentrate on media gigs like TFN.
here's the original PR, since anyone that sees that old site may have the same Q.
~BB
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First Canadian American Holding Corporation Announces It Has Sold Its Interest in Kachina Gold Corporation and Terrablock Inc. to Suncrest Energy Inc.
By Market Wire Last Update: 12/5/2005 11:23:54 AM Data provided by
TORONTO, Dec 05, 2005 (MARKET WIRE via COMTEX) -- First Canadian American Holding Corporation (FCDH) announced today that it has sold its interests in Kachina Gold Corporation and Terrablock Development JV Inc. to Suncrest Energy Inc.
In a move that was wildly anticipated, First Canadian has decided to divest itself of some non-core assets to focus entirely on The Fight Network. The exact terms of the sale were not disclosed but it was a straight sale of assets for stock in Suncrest Energy Inc. The value of the Suncrest stock that was acquired by First Canadian equates to about $0.20 per share of value to each and every share of First Canadian held by our current shareholders. "This is a huge windfall for the company and our shareholders," states Sandy Winick of First Canadian.
"This sale of what our management believes are non-core assets will enable us to focus our efforts and resources entirely on The Fight Network," said Sandy Winick, President of First Canadian. "Even though these assets represent a lot of growth potential we see The Fight Network as the future of First Canadian and expansion plans surrounding that asset as the place where we want First Canadian to be. We believe the growth of The Fight Network brand will provide our shareholders with the greatest opportunity for capital appreciation."
About First Canadian American Holding Corporation:
First Canadian American Holding Corporation is a holding company with subsidiaries that conduct operations in areas of digital television, radio and the Internet under The Fight Network brand.
Safe Harbor
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
SOURCE: First Canadian American Holding Corporation
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quote:Originally posted by DIGDOUGH: Babe-thanks. I wonder if fcdh still has the terrablock gig. I haven't seen anything about it?
posted
I can't believe there is not more action on this stock driving it up right now.. We have great news two days in a row and a divi buy deadline date tomorrow.
I haven't been around most of today, but have the MM's been blocking it's run? Seems we have a lot of volume I can't see why the price would drop like this two days in a row on great news.
Is this the result of MM's naked short selling games?
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It was sitting at $.0011 for about 10 mins til someone raised their buy and got in at $.0012. I don't think anyone is going to be selling below $.0012 anytime soon, so if you want to get in, I think ur bid is going to have to be $.0012
-------------------- All you need in this life is Ignorance and confidence; then success is sure. Mark Twain
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Yesterday was the biggest trade i've seen it at so far for 1000 shares. Nobody is buying ,because the shares will be given out with fcdh, I theeeenk. JMO.
quote:Originally posted by CD's Money: Anyone watching SNYY? There are no shares traded today. Is that not strange?
posted
how many think .0012 is a good entry price?
How many think it will hit .002?
I think .0012 is still a very good entry price here. Remember...what we are really waiting for is a merger announcement. That is what is going to pop this up.
Also, CD, SNYY has been bouncing oddly for the last week with little volume. Are you really suprised by a no volume day? In the end that really doesn't matter. We all have a year before what SNYY does is going to make a difference to us.
FCDH will go up. Just hold tight.
The Foot
-------------------- No longer eligible for government service due to lack of tax issues.
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It looked good the other day when the price was accelerating. Could still be good for tomorrow, no guarantee. Perhaps a deal of the century, with Us carriage agreements. JMO
quote:Originally posted by JohnnyRotten: how many think .0012 is a good entry price?
posted
MM NAZI MUFFINS DESPERATELY MANIPULATING PPS
They're stuck with 500 Million phony shares they printed at .0005 & .0006.
They need low priced shares. ALL THEY HAVE DONE TODAY IS MANIPULATED THE PPS TO GET SOME IMPRESSIONABLE PEOPLE TO SCARE. THEY NEED YOU SHARES TO COVER THEIR PHONY SHARES THEY HAVE PRINTED.
THEY ARE VERY VERY DESPERATE.
THEY DIDN'T REALIZE MOST OF US ARE "LONG" AND ARE NOT SELLING...SO THEY LIE TO US BY FALSLEY LOWERING THE PPS.
IF PEOPLE ARE GULLIBLE TO SELL, THEY THEN GOBBLE UP THE SHARES AND AT LEAST THEY COVER THEIR PHONEY SHARES WITH ONE AT .009 OR .001. LOWER LOSS IS BETTER THAN A HIGHER LOSS TO THEM.
DON'T LET THEM TAKE YOUR MONEY BY THESE "TRICKS" IF YOU DO THEY WILL BE THE ONES THAT GET RICH OFF YOUR OWN STUPIDITY.
SAVE THE PLANET EAT AN MM
The SEC recently adopted Regulation SHO to tighten restrictions on short selling and curb abusive short sales, including naked shorting masquerading as routine fails to deliver. This paper models market equilibrium when short selling is permitted and contrasts the equilibrium with and without manipulators among the short sellers. I explain how naked short selling can routinely occur within the securities clearing system in the United States and characterize its potentially severe market impact. I show how a recent securities innovation called floating-price convertible securities can resolve the unraveling problem and enable manipulative short selling to intensify. http://www.sec.gov/rules/petitions/4-500/jdfinnerty050505.pdf
posted from another board
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon.
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