posted
we're going up on this one, no other option here. There is order waiting for 1.2 mln shares at .027 and they're not filling. I was filled at .0275 in three orders of 10000, 11000, 79000 shares. They are short BIG TIME. I can't imagine where the NOBO PR will take us !!!!!
Posts: 130 | From: Dallas | Registered: Mar 2006
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posted
some are saying .10 some say .20-.30 and some even are guessing .75-1.00 who knows
Posts: 2270 | From: andalusia, IL, USA | Registered: May 2004
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posted
I picked up a million before the .03 break. There is some serious momo here and should be a nice gap in the morning. Congrats longs.
Posts: 2049 | From: Jax,FL,USA | Registered: Nov 2003
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posted
On a scale of 1 to 10 how bad was the short here? 1 being very, very small and 10 being one of the biggest on record, 5 being avg. short for a pink.
Posts: 154 | From: Spencerport , NY | Registered: May 2006
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I bought at .0055 earlier in the year and am kick myself I didn't buy more. But happy to have what I do..
lol gang!
-------------------- Bill Gates, Donald Trump and James Dean, Willie Nelson, John Lennon and Neil McCoy Posts: 1102 | From: Sometimes Honolulu, Sometimes Laguna Beach, today in the Valley | Registered: Aug 2006
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posted
Ameritrade not allowing buys on this stock anymore. Don't bother flipping it because you won't be able to buy back in. I almost found out the hard way.
Posts: 2049 | From: Jax,FL,USA | Registered: Nov 2003
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posted
I been flipping the hell out of this since I bought in at .008's a few weeks ago and flipped twice today already. O.T.-Also for you stem cell players check out the news for CBAI and watch for whats about to come out for CLBE!
posted
anybody ever go to w w w. t h e s h a r k s t e r. c o m? he was on this last week when it flew. His picks always seem to move. Much better than the s t o c k s t e r imo. just FYI
Posts: 8 | From: Baltimore, MD | Registered: Aug 2006
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posted
Press Release Source: Silver Screen Studios, Inc.
Silver Screens Studios: Capital Structure, Share Appreciation and Acquisition Strategy Tuesday October 17, 9:00 am ET SSSU Updates Shareholders with Details of Share Exchange, NOBO List and Financing Plans
The company's strategy regarding its capital structure is to grow SSSU through acquisitions in a non-dilutive manner. We have created Reg. E Business Development Companies to raise $10 million per year which will be used as acquisition vehicles rather than diluting the equity position of the company.
Furthermore, we have NO intent of conducting a reverse split of the company's shares. The new shares we have authorized will be used in a non-dilutive manner and are strictly for acquisitions as restricted shares.
Corporate Growth Strategy:
Our corporate growth strategy is to grow internally through share appreciation and capital gains through the acquisition of and investment in growth companies and opportunities present to us. Our strategy is to diversify the risks of ownership in our shares by the distribution of dividends of companies, up to (25%), we invest in. We have several concepts and companies we are investigating for acquisition and investment.
Capital Gains and Share Appreciation through Federal and State Tax Credits:
Our strategic business unit Global 1 Entertainment, Inc. is preparing a slate of film projects to take advantage of section 181 and 199 of the internal revenue code film tax credits. Investors in the partnerships we create will be able to write off 100% of their investment in the partnerships as a tax credit against their federal income taxes. www.cfoyesq.com/ARTICLE%20DRAFT%201.0.htm. One hundred percent of the investment in the film fund is tax deductible against passive income by the investor. A Georgia investor will receive an additional credit of 12% against GA income taxes.
This fund is available to U.S., as well as international investors. We are exploring the distribution of our funds via a broker/dealer network and Registered Investment Advisors. We expect to raise up to $100 million in these funds. The $100 million invested in the fund will generate, assuming a 40% tax bracket, $40 million in passive income tax savings at the federal level and $12,000,000 in savings at the state level.
Together a total of $52 million in capital gains added back into our capital structure as an investor benefit gives our shares an additional value of $0.50 per share.
Valuation Metrics:
We estimate SSSU shares to have an intrinsic value inclusion of any dividend distribution of portfolio companies of between $0.35-0.50 per share plus the tax credit benefit estimated at $0.50 per share. This value is based on the distribution of 25% of a portfolio company's shares to our shareholders and each portfolio company to trade on the OTCBB at a price of $0.05 - $0.10 per share.
NOBO List:
The NOBO List, Non Objecting Beneficial Owners, will help us identify the correct and accurate shareholder base, and award the benefits to the correct parties and to protect the investment of verifiable shareholders. We expect to have the results of the complete NOBO list later this week and the short position announced to our shareholders.
About Global 1 Investment Corporation:
The family of funds we construct will have equity, fixed income, real estate securities, mortgages, affordable housing and commercial assets as investment opportunities for different classes of investors.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
Contact: Silver Screen Studios, Inc., Atlanta Barry Thomas, 404-255-0400 sssu*mindspring.com
-------------------------------------------------------------------------------- Source: Silver Screen Studios, Inc.
Posts: 93 | From: Dallas | Registered: May 2006
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Silver Screens Studios: Capital Structure Investor FAQs Tuesday October 17, 1:26 pm ET SSSU Provides Details of Capital Structure through an Investors FAQs
Due to the tremendous number of calls we have received today regarding the share appreciation and capital structure plan we are providing the following investor FAQs.
1. What is the number of shares outstanding and in the float?
a. 254,000,000 common shares.
2. Does SSSU plan to conduct a reverse split of the common shares?
a. No...SSSU has no plans to conduct a reverse split of the common shares.
3. How many shares are authorized?
a. Currently we have 2.0 billion shares authorized, but we are in the process of reducing the number of authorized shares to 1.0 billion.
4. Why did SSSU order the NOBO list?
a. We ordered the NOBO list to determine the true owners of our shares as well as to determine the number of shares outstanding and to address what we believe is a short position in our shares.
5. What is a Reg. E Business Development Company and how will a shareholder benefit from this transaction?
a. A Reg. E Business Development Company can raise up to $5.0 million per years exempt from SEC registration for investment in and acquisition of development phase companies.
6. Is a Reg. E Fund the equivalent of a small company hedge fund or private equity fund?
a. A Reg. E Fund can be considered a small company private equity fund and could be considered a small company hedge fund for investment in OTCBB companies.
7. Why did SSSU create the Reg. E Funds?
a. SSSU created the Reg. E Funds to use the Reg. E shares for the acquisitions and investment in companies rather than using SSSU's shares in a dilutive transaction.
8. What must an investor do to receive dividends in the companies invested in by the Reg. E Funds?
a. An investor will need to be invested in the company as of a certain record date as well as be the beneficial owner of a certain number of shares in SSSU in order to receive a dividend distribution.
9. What type of companies will the Reg. E Funds invest in?
a. We will invest in technology companies as well as distressed real estate assets. We are interested in developing a video online community similar to Youtube which Google (NASDAQ:GOOG - News) recently paid $1.65 billion in stock for; a real estate mortgage company, and a commercial finance company.
10. How can an investor be included on the NOBO list?
a. Contact your broker and ask to be placed on the Non Objecting Beneficial Owners List.
About Global 1 Investment Corporation:
The family of funds we construct will have equity, fixed income, real estate securities, mortgages, affordable housing and commercial assets as investment opportunities for different classes of investors.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
-------------------- ~You aren't wealthy until you have something money can't buy.~ Posts: 3070 | From: CT | Registered: Apr 2006
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Ameritrade Halts Purchases of Silver Screen Studios
Traders are piling on shares of Silver Screen Studios Inc. (OTC: SSSU) after it was confirmed today that online brokerage firm Ameritrade is no longer allowing its customers to purchase shares of the penny stock company. While no explanation was given, one reason for the move could be that Ameritrade has identified a share imbalance, where more shares have been bought than legally exist, and it does not want to contribute to this problem further. This action has raised suspicion among the investment community, especially in light of the announcement by Silver Screen to request a NOBO list, a non-objecting beneficial ownership list to help identify a potential naked short position in its company's shares. The current share structure is as follows; 254 million shares outstanding and in the float, with currently 2 billion authorized, but management has said it is in the process of reducing the number of authorized shares to 1 billion. In early afternoon trading, shares of the company are beginning to light up the trading screen, higher by $.0045, or 13.85%, to $.037 on volume of 34 million shares.
Posts: 339 | From: Canada | Registered: Dec 2005
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Dont have the Ameritrade, Got Scott instead.. we'll see waz up manyana!!
-------------------- Bill Gates, Donald Trump and James Dean, Willie Nelson, John Lennon and Neil McCoy Posts: 1102 | From: Sometimes Honolulu, Sometimes Laguna Beach, today in the Valley | Registered: Aug 2006
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Today’s Price Performance as of 9:53am EDT, 10/18/2006 Option Chains Margin Requirements Interactive Chart
Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr $0.031 Last Price 0.0049 -13.65% Today’s Change $0.04 Today’s Open 2,831,797 Below Avg. Today’s Volume
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven Posts: 3255 | From: Orlando, FL | Registered: Mar 2006
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posted
Slow start for the day.. most probably it will pickup in the afternoon, like before
Posts: 93 | From: Dallas | Registered: May 2006
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As previously mentioned we are reducing the authorized share total from 2.0 billion to 1.0 billion shares effective by close of business on October 20, 2006. The reason for this reduction is to eliminate any surplus or excess shares being created by failure to delivery positions. See www.businessjive.com/nss/darkside for a comprehensive review of short selling and failure to deliver. The Reg. E Funds will enable us to acquire companies without the dilution of SSSU's shares.
TD Ameritrade Refuses all Buy Orders for SSSU Shares:
The company has confirmed through a TD Ameritrade representative that the online broker is refuse all buy orders and will only allow sell orders in the shares of SSSU. TD Ameritrade refused all explanations for the refusal to allow investors to purchase our shares, which we feel only confirms our speculation of a large share imbalance on the sell side.
We recommend that investors wanting to purchase our shares open an account with Etrade, Mytrack, Schwab Trading or Terra Nova Trading to purchase the shares.
Shareholders Protection Plan:
The company is taking all steps to protect the investment of the shareholders, including completion of a share exchange plan and confirmation of the actual shareholders registry and actual shareholders position as confirmed by the transfer agent and NOBO List.
About Global 1 Investment Corporation:
The family of funds we construct will have equity, fixed income, real estate securities, mortgages, affordable housing and commercial assets as investment opportunities for different classes of investors.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
SOURCE: Silver Screen Studios, Inc.
Silver Screen Studios, Inc. Barry Thomas, 404-255-0400 sssu*mindspring.com Copyright Business Wire 2006
Posts: 514 | From: Claremore, Ok., USA | Registered: Apr 2004
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Thursday, October 19 2006 8:45 AM, EST Silver Screens Studios: Receives NOBO List and Transfer Agent's Official Shareholders Total Business Wire "US Press Releases " ATLANTA --(BUSINESS WIRE)-- Silver Screen Studios, Inc. (OTCBB: SSSU) www.silverscreenstudiogroup.com,http://finance.yahoo.com/q?s=SSSU.OB, Traders Nation, www.tradersnation.com/sssu.shtml, Global 1 Realty Corporation , www.1global1realty.com, forms venture capital private equity investment funds for acquisitions of companies, financing of investments in other entities, and files to do business as Silver Screen Holdings to reflect our new business model. NOBO List Share Discrepancy: We have received and reviewed the NOBO List as supplied by ADP as well as the Transfer Agent's Official Share total. There is a discrepancy of 102,767,486 share imbalance between the two lists. For further confirmation of our share total we have ordered the DTC Share Position Report and expect to have it in the next several days. Once we have the DTC Report we will compare all reports and update the imbalance total. Shareholders Integrity Plan: Now that we have identified a share imbalance in our stock we will move forward on the Shareholders Integrity Plan. The board of directors will meet on Oct. 20, 2006 to authorize actions to implement the SIP for the protection of our shareholders. Measures we are considering include: a CUSIP number change, share exchange, dividend declaration and other measure designed to protect the company. About Global 1 Investment Corporation : The family of funds we construct will have equity, fixed income, real estate securities, mortgages, affordable housing and commercial assets as investment opportunities for different classes of investors. Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control. Source: Silver Screen Studios, Inc.
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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We have received and reviewed the NOBO List as supplied by ADP as well as the Transfer Agent's Official Share total. There is a discrepancy of 102,767,486 share imbalance between the two lists. For further confirmation of our share total we have ordered the DTC Share Position Report and expect to have it in the next several days. Once we have the DTC Report we will compare all reports and update the imbalance total.
Shareholders Integrity Plan:
Now that we have identified a share imbalance in our stock we will move forward on the Shareholders Integrity Plan. The board of directors will meet on Oct. 20, 2006 to authorize actions to implement the SIP for the protection of our shareholders. Measures we are considering include: a CUSIP number change, share exchange, dividend declaration and other measure designed to protect the company.
About Global 1 Investment Corporation:
The family of funds we construct will have equity, fixed income, real estate securities, mortgages, affordable housing and commercial assets as investment opportunities for different classes of investors.
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on SSS behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
SOURCE: Silver Screen Studios, Inc.
Silver Screen Studios, Inc. Barry Thomas, 404-255-0400 sssu*mindspring.com
Posts: 514 | From: Claremore, Ok., USA | Registered: Apr 2004
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posted
so, for those of you more 'up' on the SSSU ordeal... can someone tell me (the board) if the news above is much bigger news (short discrepancy numbers) than originally thought? like (without pumping the stock) is this huge enough to get some serious momo today in anyone's opinion?
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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what this number means but my first thought is 
