"Now we that we have acquired the second oil company located in Russia part of the former Soviet Union, we are ready to move to our next target," said David Alexander, Chairman. "This company with its proven reserves adds tremendous value to our company and to our shareholders. We are extremely pleased that we have been able through our relationship with Amerossi Holding Corporation to increase the book value of our shares, giving our shareholders the rewards they deserve."
posted
To all those saying not to sell Monday... I had the understanding that it would take a few days for our shares to officially change over to the new symbol and we couldn't sell during that period even if we wanted. If that's true, you don't have to worry too much about selling on Monday.
Posts: 1031 | Registered: Sep 2005
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posted
Woahhhhhh... Something weird is up in my E*Trade account today. Tell me if anyone else is experiencing this please. I have FCDH still as the symbol ANNNNNND it's current price is down to .0006 rather than the .001 it was at yesterday. My portfolio value has dropped drastically. What's going on? Although I just clicked on FCDH in my portfolio and it says it's not a valid symbol. Okay, but why is the current price at .0006???
Posts: 1031 | Registered: Sep 2005
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posted
According to e-trade you can call to make the trade but it wont be available to trade online. Ill have to keep and eye on it and maybe give them a call if it looks like it will go up.
Thought I'd post Ric's reasons why he didn't like this stock on this thread and look at them so we all can comment. Sorry if this post gets too long.
quote: 1st is the restricted dividend. It has become the biggest tool for a pump and dump stock.
What Ric is saying here is factually correct. Giving out a dividend is something that almost always raises a stocks value for a short period. Giving out a restricted dividend means there are rules that must be followed in order for investors to use them and it can be difficult or impossible to exercise them. This makes it a tool for those who are just sharking in pinksheets trying to make their millions without actually trying to create a sustainable business. It doesn't mean that every restricted dividend is a curve ball, it just means look at it the same way you look at Publishers Clearing House mailings. Look for the "MAY" have won a million dollars before you start jumping up and down.
quote:2nd its past isn't that great. It dumped 300 billion shares on the market and did a 10,000/1 r/s under a year ago. Then turned around and added 2.5 billion shares back onto the market in 6 months. That in itself makes it bad.
This is a little concerning...it isn't that uncommon in my opinion however. There would be two reasons in my mind that share juggling like this would take place.
1) They are struggling to find the cash they need to create oportunities for themselves. 2) They are struggling to line pockets with cash before they close up shop.
As of the last quarterly report filed the end of September 05 the company had close to 200,000 in cash. This is not a huge number but it is enough to keep things moving without running into the red quickly. I'd say share manipulation is very unlikely at this point as it would completely expose this company as a scam and FTN would be sunk before it got off the ground. I just don't see Mike Garrow going through all the work he has done to promote and increase FTN if he were in on a scam to make a couple bucks. And I don't see him adding his ship to a company he thought was shady...even if it was run by a friend who helped him get started. That's all my own opinion however. If anything other than a start of the share buyback gets announced we should all be looking at this very carefully. For now, I don't think we are in danger on this point.
quote:3rd it is exactly a mirrow to PRRM. Same promotions with the same TV channel pumping (of course PRRM was a outdoor channel). Just go look at the old PRRM threads.
I can't respond much to this one as I was never in or following PRRM. Has someone else on the board anything to say about this?
quote:4th claims of buybacks just when the pump is on.
Yeah, ok. The "buyback" is most likely a bunch of bull. If they were truly committed to doing a buyback soon they wouldn't have given themselves a two year window to make good on the promise. I personally am not expecting the buyback anytime soon. That makes them people who want to get the most out of their plan. It doesn't make them bad people until it is proven that there has been a lot of insider selling at the highs.
quote:5th questions about whether the CEO dump his shares to market since Sept.
Ouch, Upside is the one that brought this to our attention and it should be getting our attention. If it is true that Sandy Winick no longer owns the 1.5 billion controling shares that he had in September...we got problems folks. This is the big one that needs to be answered.
Were the shares ommitted on the Form 4 because of a mistake or because those restricted shares are not in circulation and therefore don't legally need to be included...or were they not on that Form 4 because they are the shares we all have been trading with for the past few weeks? I know that Rasica will point to the PR from September, but we need confirmation of current status, not what was the case in September.
I have been thinking for a way other than just calling the company to get this information, but I think come Monday I will call the company and ask to see what they say. Unless someone else can think of another way to verify those shares. As long as Sandy or the Company as a whole still owns them, we don't have a problem.
quote:6th the past involvement to Hee, which you can try and claim wasn't a POS but it was.
Again, I don't know much about HEE or Sandy Winick's involvement. Anyone who does know want to give us an overview of what happened there?
quote:7th Name change so people won't remember its past.
Yes, this is a tool of the pinksheets to bury the past. It is used for bad purposes but there are other reasons it is used as well. When a company changes direction it is not uncommon to get a name change that is more in line with their new priorities and affiliations. It is also not uncommon for a name change to happen when switching to a different board of sales (I.e. Pinks, OTCBB, AMEX, NAS,) I want to be clear here so people don't think "I" am pumping: "We are NOT looking at a board change for FCDH at this time!" I just wanted to point out that this tactic has multiple uses...not all of them bad.
quote:You can make money on anything in this market if you play it right. But just ask the ICAN bagholders what it feels like to hold a P&D too long. It ran big too but after the pump it dropped like a rock.
Truth. That's why so many play the penny game. When I think of ICAN I think of the phrase "The Bull walks up the hillside, The Bear jumps out the window." That's the way it happens here in pennyland, if you aren't ready for it you won't make any money here. It all comes down to this: there are some good things that set this company apart and there are some things that make FCDH just like every other penny stock out there. The Question is, are they trying to distance themselves from their past so they can focus on growing something they believe in, or are they just playing the pump game to make some money?
I say, there are some very cool things happening here that I see a lot of promise in. Give them a little time to see what they can make of it. And while you are doing that watch every single move they make to the point that you know what size boxers Sandy puts on each morning.
I'm gonna leave it here, does anyone else have anything to add? Where do you all stand on FCDH...BKMP?
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
im on Ameritrade, and i still show a valid symbol FCDH with a close at .001
~BB
quote:Originally posted by kilerb: Woahhhhhh... Something weird is up in my E*Trade account today. Tell me if anyone else is experiencing this please. I have FCDH still as the symbol ANNNNNND it's current price is down to .0006 rather than the .001 it was at yesterday. My portfolio value has dropped drastically. What's going on? Although I just clicked on FCDH in my portfolio and it says it's not a valid symbol. Okay, but why is the current price at .0006???
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Let me see if I got this right. Come Monday we won't see FCDH in our accounts even though it's there now, but all 0000's(I trade over e-trade)? Will BKMP be there instead? If not will it at least show somewhere where we can see what's happening?
And, to put it bluntly, could this all be a set-up for all of us to go bust with this?
quote:Originally posted by ACHULL: I think the stocks are closed Monday
Holiday Schedule
The New York Stock Exchange is open from Monday through Friday 9:30 a.m. to 4:00 p.m. ET and will observe the holidays below:
NYSE Holiday Rules | Historic Closings | Number of Trading Days 2006 (pdf) Historical Trading Hours (pdf)
2006
New Year's Day January 2 (observed) Martin Luther King, Jr. Day January 16
Washington's Birthday* February 20 (observed)
Good Friday April 14
Memorial Day May 29
Independence Day July 4
Labor Day September 4
Thanksgiving Day November 23
Christmas December 25
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
NYSE is "OPEN" this Monday but will be colsed on Monday Jam 16th.
Just wish the hell that I had got more at 0.0007 instead of trying to wait for a drop to 0.0005
Oh well in any case I have plenty.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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You aren't going to get screwed. It just takes a bit for everyone to get there information straight with a symbol change. If you are having problems on Monday call your broker, until then be patient.
As to share price, people were commenting on that right after close. It was stated the drop in price was just MM's turning off thier computers for the weekend and not a true drop in share price. Besides..who do you know that is going to put in a sell order at .0006 right after a run to .001. We are ok. Just hang on.
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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quote:Originally posted by The Bigfoot: [QB] Hey everybody,
Thought I'd post Ric's reasons why he didn't like this stock on this thread and look at them so we all can comment. Sorry if this post gets too long.
[QUOTE] 1st is the restricted dividend. It has become the biggest tool for a pump and dump stock.
1) A self evident false statement. No vacuuous pump can occur with 'restricted stock'...no dump can occurr because company is not dumping. The statement is self evident false!!
2) No pump and dump can occur simultaneously with billion share buy back over two years maintaining O/S at 2.5B.
quote:2nd its past isn't that great. It dumped 300 billion shares on the market and did a 10,000/1 r/s under a year ago. Then turned around and added 2.5 billion shares back onto the market in 6 months. That in itself makes it bad.
1) This is a constructively false description of the company. This basher does not mention retiring of billions of shares from FCAH to FCDH leaving only 2.5 Billion O/S of which Sandy owns 60%.
2) Further, the billion buy back over the next two years will be done with FCDH/DKMP cash. See Press Releases.
quote:3rd it is exactly a mirrow to PRRM. Same promotions with the same TV channel pumping (of course PRRM was a outdoor channel). Just go look at the old PRRM threads.
3) Nothing could be further from reality. PRRM is not a Multiple Broadcasting Network but a program in itself. Study how FCDH is opposite of PRRM in the ares of O/S, A/S, advertizers, Roster of programs increasing,
Bigfoot-->I know that Rasica will point to the PR from September, but we need confirmation of current status, not what was the case in September.
1) Form 4s are only issued when change of holdings take place. Further, this is really a non issue the O/S is at a very very very low 2.5 billion.
quote:6th the past involvement to Hee, which you can try and claim wasn't a POS but it was.
1) HEE Corporation is the MM Nazi Nightmare. MMs are currently under investigation for NSS. MMs will be fried on that one. In fact it was the MMs who caused stalling of PPS value by breaking the law. Funny how you Nazi Muffins come to these sites and try to shift focus.
quote:7th Name change so people won't remember its past.
1) This is the dumbest thing to try to sell as a scare tactic. No matter what trading board you're on, there is always a history maintained on name changes.
2) Now lets see if we can figure why companies change names?? Anyone out there believe there is no other reason to change your name except to hide your past...when its all documented with the SEC anyways?? Anyone?? LOL
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
Thanks Bigfoot really do appreciate that. Got enough to worry about.. like the Cats in the big city tomorrow. Have a good weekend all.
Posts: 234 | Registered: Jan 2006
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posted
Heres the story, I bought 375k shares of FCDH at 0016 on 12/20/05. I bought another 175k shares at 001 on 12/22/05. I sold all 550k shares on 12/27/05. According to the latest news on the divi, it says as long as you didnt sell BEFORE the EX-DIVI date (which was 12/23/05) then you will get the SNYY shares. And also, the record date was 12/29/05 to get the divi shares, so technically they wouldnt see my sell on their record until the 30th. Ive been told diff stories about this so what do you guys think, will i get the SNYY shares?
-------------------- Tryin to make my millions (ya right) Posts: 53 | From: Northeast | Registered: Dec 2005
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I think everybody got totally confused with that whole deal which is one of the reasons I just decided to hold and play it safe.
Let us know if they show up in your account!
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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quote:Originally posted by bugcatcher: Heres the story, I bought 375k shares of FCDH at 0016 on 12/20/05. I bought another 175k shares at 001 on 12/22/05. I sold all 550k shares on 12/27/05. According to the latest news on the divi, it says as long as you didnt sell BEFORE the EX-DIVI date (which was 12/23/05) then you will get the SNYY shares. And also, the record date was 12/29/05 to get the divi shares, so technically they wouldnt see my sell on their record until the 30th. Ive been told diff stories about this so what do you guys think, will i get the SNYY shares?
You needed to hold until after close on January 6th 2006.
-------------------- All IMHO. Do not rely upon anything I post to base your financial decisions upon. Posts: 970 | From: Montana | Registered: Jul 2005
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posted
Now that would have been unpleasant had it happened. Would've shot our momentum in the... foot.
Still really looking forward to Monday!
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
Just thought I'd mention that FCDH is now down on pinksheets. You will get the quote screen from Friday but no news or charts available. BKMP not recognized yet.
I was looking at the charts again after finding out more about what cup-n-handle means bmarley. I like that, I like that a lot!
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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posted
If they aren't in your account by the end of the week type an ALL CAPS message to your broker. Should happen Wednesdayish.
BF
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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quote:Originally posted by multiweiner: I STILL HAVEN'T GOTTEN MY DIVIDEND SHARES...WHEN DO THEY SHOW UP?
-------------------- M.M. Semester #3 started,Only 7 more semesters to go. Why, in an age where information is so easy to get, cant we find information on one man. Experience is something you dont get until just after you need it. Posts: 1002 | From: Southaven, Mississippi, US | Registered: Nov 2004
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posted
it would be interesting dmort, except that they didnt "buy" them, they restructured in exchange for equity... and formed some new partnerships between the companies.
I guess that DD is on the other thread you didnt read. You may wanna go back...
posted
Well, I put five down on the POWERBALL like I said I would. Came up with $7 in winnings.
That's alright by me. My millions are in BKMP.
The Bigfoot
-------------------- No longer eligible for government service due to lack of tax issues. Posts: 5178 | From: Up North | Registered: Dec 2005
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