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Author Topic: POFG >>> Huge news
sunny
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This looks very nice! Congrats to those in...Ponce good find!
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atthebank
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yes thank you prdponce, should majorly be green all day, lets see this baby walk up for next couple day's, got in friday, not a lot but enough to make some nice green. a pr this moring and "to da moon". [Big Grin]
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djg7
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Uptick on ask .165 x .17. Looks like a lot of steam in this one.
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djg7
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.17 x .18.
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Schwabie
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20,OOO VOLUME PRE MARKET

[Eek!]

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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Schwabie
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Today’s Price Performance as of 9:30am EST, 10/30/2006 Option Chains Margin Requirements Interactive Chart


Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr
$0.19
Last Price 0.04 +26.67%
Today’s Change $0.18
Today’s Open 38,930 Above Avg.
Today’s Volume

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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hbomb
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Waaaaaay down.....
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hedfe
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mms took it down to .11/.12 starting to rebound but rsi is still way overbought-still in the 80's
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cautionupahead
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I found an answer as to why they have to get a court decision. The SEC prefers acquisitions to be looked at by the courts. Here's why . http://www.sec.gov/interps/legal/slbcf3.txt
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The Green Demon
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quote:
Originally posted by hedfe:
mms took it down to .11/.12 starting to rebound but rsi is still way overbought-still in the 80's

Looks like it will touch .10's today
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IMAKEMONEY
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[Eek!] [Eek!] [Eek!] [Eek!] [Eek!] [Eek!]

--------------------
LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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The Green Demon
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quote:
Originally posted by IMAKEMONEY:
[Eek!] [Eek!] [Eek!] [Eek!] [Eek!] [Eek!]

????
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jos_tul
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Posted by: atout
In reply to: None Date:10/30/2006 1:39:13 PM
Post #of 117

posting on behalf of emulwa with permission via email:


Date: Oct 30, 2006 12:57 PM
Subject: I spoke to the Amstar Mortgage International

I spoke to the Amstar Mortgage International IR Officer (Michael Mayland) and he confirmed to me that the Premier Organic Farms Group, Inc (POFG) press release was genuine. It is true that they have signed a a Definitive Share Exchange Agreement to acquire 100% of the stock of Amstar International, Inc. I could not post it on IHUB because I have limited posts per day and I ran out of my 15 freebee posts. He also said that closing is anticipated within the next thirty days and is subject to the conducting of a Fairness Hearing by a court of law in Nevada.
Before approval, the court or authorized governmental entity must hold a hearing to approve the fairness of the terms and conditions of the transaction.
A governmental entity must be expressly authorized by law to hold the hearing, although it is not necessary that the law require the hearing. The fairness hearing must be open to everyone who is proposed to be issued securities in the exchange. Its is just a formal procedure that has to be followed when there I an acquisition, as par the SEC regulation
I am just a curious investor and that’s why I had to rebut all you guys until I had a confirmation from Amstar, which I did this morning Monday, October 30, 2006.

--------------------
To reach hill top start from the top

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Schwabie
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WTF HAPPENED HERE..

I LEAVE YOU GUYS FOR THE DAY AND THIS IS WHAT I COME HOME TO...?

ITS COOL. I'M WAITING FOR NEXT PR. I LIKE IT !

LMAO

[Eek!]

Today’s Price Performance as of 10/30/2006 Option Chains Margin Requirements Interactive Chart


Loading Chart1 Day | 5 Day | 6 Mo | 1 Yr | 3 Yr | 5 Yr
$0.12
Last Price 0.03 -20.00%
Today’s Change $0.18
Today’s Open 2,633,041 Above Avg.
Today’s Volume

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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The Phat Man
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schwabie... as for me... i got in so pleasantly early that i'm willing to wait for a number of things:
1. PR blitz
2. SEC filings
3. cusip change
4. 1st bottom rebound (seemingly inevitable)
5. death by association with greed.

:-)

--------------------
Cashing checks in two forms: Money and Reality

GLTA,
The Phat Man

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Schwabie
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quote:
Originally posted by The Phat Man:
schwabie... as for me... i got in so pleasantly early that i'm willing to wait for a number of things:
1. PR blitz
2. SEC filings
3. cusip change
4. 1st bottom rebound (seemingly inevitable)
5. death by association with greed.

:-)

SAME HERE...

I'M WAITIN... ITS FREE SHARES

[Big Grin]

--------------------
All I say is IMHO.

I like these calm little moments before the storm... Reminds me of Bethoven

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The Green Demon
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I am getting in when this thing hits .055. Should happen today
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The Phat Man
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10/31/2006 13:41 EST
Definitive Agreement Terms Announced Between Premier Organic Farms, Inc. and Amstar International, Inc.


SCOTTSDALE, Ariz., Oct. 31 /PRNewswire-FirstCall/ -- Premier Organic Farms Group, Inc. (OTC Pink Sheets: POFG) announced terms of the Definitive Share Exchange Agreement to acquire 100% of the outstanding shares of common stock of Amstar International, Inc. (Amstar), a Houston, Texas based holding company primarily focused upon the mortgage banking and broker industry.

Under the terms of the Definitive Agreement, current Amstar stockholders will receive shares of POFG totaling 96.12% of the total outstanding shares post merger. The Company expects to conduct a 1 for 80 reverse stock split and an issuance of new shares to current Amstar stockholders on a one share for each Amstar share to reach this percentage. After the transaction is consummated, approximately 19,312,000 shares of common voting stock will be issued and outstanding in the Company. The Companies expect to have a hearing to determine the fairness of the transaction under Section 3(a)10 of the Securities Act by submitting to a hearing in the courts of Nevada. This agreement is subject to a favorable response in this hearing for Amstar stockholders.

Howard Wayland Jr., the President and CEO of Amstar, stated that this transaction is intended to create liquidity for Amstar shareholders and give Amstar better options at raising capital as a public company. After the merger is completed, Amstar will keep all the current Amstar officers, directors and the management team for the company.

Amstar's major subsidiary is Amstar Mortgage Corporation, a National mortgage banking and brokering company. Amstar currently employs approximately 700 persons and is licensed to operate in 31 states and the District of Columbia through approximately 140 retail branch offices throughout the nation. Amstar Mortgage Corporation is approved to originate FHA, VA Rural Development loans along with conventional and sub-prime mortgage loans. It is approved to sell loans to over 250+ Banks, Insurance Companies, Mortgage Bankers and mortgage investors throughout the nation.

Amstar Mortgage Corporation began operations in October 2002 with less than $300,000 in capital, but grew rapidly to close over 1.1 billion dollars in loans for calendar year 2004 and over 2.2 billion dollars in loans for the calendar year 2005. Amstar closed $2,176,657,448 in mortgage loans in fiscal year 2005 with gross revenue for its fiscal year-end period ending September 30, 2005 of $58,592,331 verses $27,563,915 in 2004 and $6,396,052 in 2003. For the 9 month period ending June 30, 2006, Amstar closed approximately $1,350,202,874 mortgage loans.

For information about Amstar International, Inc. please contact our Public Information Officer, Michael Wayland at 281.481.9040 Ext 132 or e-mail him at PIO*amstarmtg.com

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10- KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward- looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and POFG undertakes no obligation to update such statements.

SOURCE Premier Organic Farms Group, Inc.


CONTACT: Michael Wayland, Public Information Officer of Amstar International, Inc., +1-281-481-9040, ext. 132, or PIO*amstarmtg.com
Web site: http://www.premierorganicfarms.com

--------------------
Cashing checks in two forms: Money and Reality

GLTA,
The Phat Man

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2late
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POFG -- Premier Organic Farms Group, Inc.
Com ($0.001)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Definitive Agreement Terms Announced Between Premier Organic Farms, Inc. and Amstar International, Inc.

SCOTTSDALE, Ariz., Oct 31, 2006 /PRNewswire-FirstCall via COMTEX/ -- Premier Organic Farms Group, Inc. (OTC Pink Sheets: POFG) announced terms of the Definitive Share Exchange Agreement to acquire 100% of the outstanding shares of common stock of Amstar International, Inc. (Amstar), a Houston, Texas based holding company primarily focused upon the mortgage banking and broker industry.
Under the terms of the Definitive Agreement, current Amstar stockholders will receive shares of POFG totaling 96.12% of the total outstanding shares post merger. The Company expects to conduct a 1 for 80 reverse stock split and an issuance of new shares to current Amstar stockholders on a one share for each Amstar share to reach this percentage. After the transaction is consummated, approximately 19,312,000 shares of common voting stock will be issued and outstanding in the Company. The Companies expect to have a hearing to determine the fairness of the transaction under Section 3(a)10 of the Securities Act by submitting to a hearing in the courts of Nevada. This agreement is subject to a favorable response in this hearing for Amstar stockholders.

Howard Wayland Jr., the President and CEO of Amstar, stated that this transaction is intended to create liquidity for Amstar shareholders and give Amstar better options at raising capital as a public company. After the merger is completed, Amstar will keep all the current Amstar officers, directors and the management team for the company.

Amstar's major subsidiary is Amstar Mortgage Corporation, a National mortgage banking and brokering company. Amstar currently employs approximately 700 persons and is licensed to operate in 31 states and the District of Columbia through approximately 140 retail branch offices throughout the nation. Amstar Mortgage Corporation is approved to originate FHA, VA Rural Development loans along with conventional and sub-prime mortgage loans. It is approved to sell loans to over 250+ Banks, Insurance Companies, Mortgage Bankers and mortgage investors throughout the nation.

Amstar Mortgage Corporation began operations in October 2002 with less than $300,000 in capital, but grew rapidly to close over 1.1 billion dollars in loans for calendar year 2004 and over 2.2 billion dollars in loans for the calendar year 2005. Amstar closed $2,176,657,448 in mortgage loans in fiscal year 2005 with gross revenue for its fiscal year-end period ending September 30, 2005 of $58,592,331 verses $27,563,915 in 2004 and $6,396,052 in 2003. For the 9 month period ending June 30, 2006, Amstar closed approximately $1,350,202,874 mortgage loans.

For information about Amstar International, Inc. please contact our Public Information Officer, Michael Wayland at 281.481.9040 Ext 132 or e-mail him at PIO*amstarmtg.com

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10- KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward- looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and POFG undertakes no obligation to update such statements.

SOURCE Premier Organic Farms Group, Inc.


CONTACT: Michael Wayland, Public Information Officer of Amstar International, Inc.,
+1-281-481-9040, ext. 132, or PIO*amstarmtg.com

URL: http://www.premierorganicfarms.com
http://www.prnewswire.com
www.prnewswire.com

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2late
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well, not looking so good to me, hope i am just looking at this wrong, any ideas??
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KublaKhan
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quote:
Originally posted by The Green Demon:
I am getting in when this thing hits .055. Should happen today

Did you get in?
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The Green Demon
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quote:
Originally posted by KublaKhan:
quote:
Originally posted by The Green Demon:
I am getting in when this thing hits .055. Should happen today

Did you get in?
You bet, got in even a little lower then expected...
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The Green Demon
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hoping that this will gap tomorrow to .055 and run early morning
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hbomb
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This stock is toast...POFG shareholders will be screwed by 80:1 R/S prior to 1:1 stock swap with Amstar. Totally bogus and really going to hurt a lot of POFG shareholders who saw R/S as a way to get cheap shares of a good company.
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djg7
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This is a bagholder. 80:1 R/S! We're screwed.
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realtor548
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I got out today with 10% lost.
I DID SCARE R/S.
R/S is BAD and very BAD !!!! You will lose all your money.
May sure you get out as soon as possible.

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Grande
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teeheehee
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djg7
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I dumped a bunch yesterday and made 100% profit.

You can bet I'll dump the rest tomorrow if it is possible. This one is fried.

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OILDOG
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You shoulda read the info on yahoo. Three business models...this year.
U.S. Power Systems (no power,no systems)
reverse split April '06
Premier Organic Farms (cancelled 39 mil shares on THOSE people) raising tilapia
Now merger with Amstar (mortgage),pinkys trading spit with pinkys. fishy (pun intended)
Amstars CEO, Wayland, had "problems" in Arkansas in his previous incarnation. Of course, he was away at Baptist Seminary school,and wasnt......responsible.
[Big Grin]
So,why the surprise?

--------------------
It takes a lot of attaboys to make up for an aww chit

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The Green Demon
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quote:
Originally posted by djg7:
I dumped a bunch yesterday and made 100% profit.

You can bet I'll dump the rest tomorrow if it is possible. This one is fried.

I think that this will pop tomorrow. I bought in at an average of about .044 and hope to get 30 to 40% out of it real quick. We will see
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The Phat Man
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green... i can't be sure, but my estimates place the relative PPS vs. the R/S and earnings of incoming amstar to be around .03
not gonna go into it, cuz don't have time or patience to write it all out. but that's just my estimates. thus, be careful. it definitely may pop off a bounce and readying itself for some kind of reduced double-neck sell, but it should be about right where the pps is now or lower for the r/s to make sense.

--------------------
Cashing checks in two forms: Money and Reality

GLTA,
The Phat Man

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The Green Demon
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well I got out yesterday when it didn't gap up in the morning. Took a 10% loss, but once again this thing is looking attractive. I will be back in at .02 or on a good run
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