posted
almost 3 million volume last 20 mins....wow. This thing should be huge tomorrow. It has been ready from last week when I posted it. Got in at .0139 then.
-------------------- Please do your DD. Break some bread with me!
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posted
"We recorded net income for the twelve months ended December 31, 2006 of $4,936,074 versus a net loss of $4,120,911 for the twelve months ended December 31, 2005"
This company is indeed a Turnaround....they just have a lot of good partners. lol.
-------------------- Please do your DD. Break some bread with me!
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-------------------------------------------------------------------------------- ( Title of Class of Securities )
90021610
-------------------------------------------------------------------------------- ( CUSIP Number )
Kristin M. Cano, One Corporate Plaza Drive, Suite 110, Newport Beach, CA 92660 - 949-759-1505
-------------------------------------------------------------------------------- ( Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications )
April 5, 2007
-------------------------------------------------------------------------------- ( Date of Event which Requires Filing of this Statement )
If the filing person has previously filed a statement on Schedule on Schedule 13G to report the acquisition that is the subject of this schedule 13D, and is filing this schedule because of §§240.13d-1 (e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
Number of 7. Sole Voting Power 1,600,000 Shares ________________________________________________________________________________ ___________ Beneficially 8. Shared Voting Power Owned by ________________________________________________________________________________ ___________ Each Reporting 9. Sole Dispositive Power 1,600,000 Person ________________________________________________________________________________ ___________ 10. Shared Dispositive Power
This statement (this “Statement”) relates to shares of common stock (“Common Stock”), par value $0.001 per share (the “shares”) of Turnaround Partners, Inc., a Nevada corporation (the “Issuer”). The principal executive office of the Issuer is located at 109 N. Post Oak Lane, Suite 422, Houston, Texas 77024.
ITEM 2. IDENTITY AND BACKGROUND
(a) This Statement on Schedule 13D is filed by on behalf of John A. Cashin (the “Reporting
Person”).
(b) The Residence and Business Address of the Reporting Person is 17099 Greenleaf Street, Fountain Valley, CA 92708.
(c) John A. Cashin’s principal occupation is Investor.
(d) During the last five (5) years, the Reporting Person has not been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is the subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws.
(e) The Reporting Person is a citizen of the United States of America.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Personal Funds of Reporting Person.
ITEM 4. PURPOSE OF TRANSACTION
The Reporting Person acquired the shares for investment purposes and Reporting Person intends to acquire additional shares. At the present time, Reporting Person has no interest in making any changes to the present Board of Directors or Management but in the future may be interested in a seat on the Board of Directors.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
John A Cashin has the sole power to vote and to dispose of 5.789 % of the Common Stock.
CUSIP No. 90021610
(a) The Reporting Person has not effected within the last sixty (60) days, any transactions involving the Shares other than as reported here which shares were acquired in the open market.
ITEM 6. CONTRACT, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.
The Reporting Person does not have any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect to any securities of the Issuer, including, without limitation, any contracts, arrangements, understandings or relationships concerning the transfer or voting of such securities, finders fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits and losses or the giving or withholding of proxies.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None.
CUSIP No. 90021610
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
posted
nice chart but this is the problem (due to CD with Cornell)
Increase of the number of authorized shares of Common Stock of the Company from Nine Hundred Million (900,000,000) to Five Billion (5,000,000,000) shares.
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posted
stochastics looking good now. not overbought anymore,.... revenue good. Looks set to move with a little volume. Low Floater too. Take a look at this, and do your DD.
-------------------- Please do your DD. Break some bread with me!
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posted
Turnaround Partners CEO Reduces Conversion Rights on Preferred Stock Wednesday May 2, 6:00 am ET
HOUSTON, May 2 /PRNewswire-FirstCall/ -- Turnaround Partners (OTC Bulletin Board: TRNP.OB - News) announced today that CEO Tim Connolly has reduced his preferred stock conversion rights into common stock from approximately 500 million shares to 70 million shares of common stock. The details of this transaction are in the company's latest 10-KSB filing, and were done in conjunction with Mr. Connolly's exchange of Series B Preferred into Series D Preferred. In return for giving up his rights to the additional 430 million common shares, Mr. Connolly's remaining preferred shares are non-dilutive until December 31, 2010. Tim Connolly stated, "I had received calls expressing concerns from analysts and shareholders about this issue, and decided that this was the right thing to do in the best interests of all shareholders. I greatly appreciate the support of our shareholders, and will always listen carefully to their suggestions and concerns." ADVERTISEMENT
About Turnaround Partners, Inc. - Turnaround Partners, Inc. (OTC Bulletin Board: TRNP.OB - News) www.turnaround-partners.com provides hedge funds, banks, and portfolio investors with business growth, organizational restructuring, and turnaround execution services for emerging and re-emerging public companies. Turnaround Partners is unique in that we accept payment for our services in the common stock of the companies we serve, aligning our interests with those of the client's shareholders and preserving their corporate cash reserves for working capital and growth. As Turnaround Partners succeeds, the shareholders of our valued clients succeed. Turnaround Partners believes our approach provides Turnaround Partners shareholders with an opportunity to realize greater gains than merely receiving cash payments for our services. We consider Turnaround Partners to be the ultimate business resource for emerging and re-emerging public companies.
All statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations that are disclosed in this Press Release. While Turnaround Partners, Inc. believes its forecasting assumptions are reasonable, there are factors that are hard to predict and influenced by economic and other conditions that are beyond Turnaround Partners, Inc's. control. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are detailed in Turnaround Partners, Inc's. filings with the Securities and Exchange Commission.
-------------------------------------------------------------------------------- Source: Turnaround Partners, Inc.
-------------------- Please do your DD. Break some bread with me!
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posted
TRNP has met the criteria of Bottom-plus-Volume model. The MMs may cash in soon. Watch it.
OS: 60 M shares Rev per share: 0.047
pps: 0.004
*** From Ihub:
Posted by: analyzethis In reply to: None Date:8/30/2007 11:11:45 AM Post #of 1785
TRNP market cap at $261,000 with $917,000 in the bank. Over 1 million in revenue last quarter. $225,000 profit last quarter. I'm buying till the cows come home!!!
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posted
TRNP and MSTF have the same pattern. They both have been taken down from 0.04 to about 0.002. MSTF got a 3X jump today. TRNP may have her turn soon.
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Rev: 1.06 M$ Net income applicable to common shares: 226 K$
Market cap: 282 K$
It's hard to find an OTC stock with net income these days. We might have a winner here -- if the MMs are pleased and loaded. The pps has been bouncing from the bottom.
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