posted
This is the old TQWI.pk. They just did a 1200/1 RS. They have pumped this at Ihub to heaven and back and its still just sitting there. It may RM. BUT to say soon is just a guess. It could be today or 10 months. I am hoping it goes up so I can cash out but I am not holding my breath. Below is the link to the thread here. TMAN...
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Re: My phone conversation with Jim Daniels, CEO of Diversified Acquisitions.
(makemoney765: I hope you like your present so far lol)
I will keep this first post as objective as possible and just report the initial introduction, his responses to my questions and his offering of information.
I called 4 times today and was able to get through the last time. We talked for a little over 30 minutes (I ended the call). He seemed hesitant at first (as was I), but opened up and seemed as straight forward as he could be through the remainder (and bulk) of our conversation.
Background: He is a former stock broker of 10 years (old brokerage firm is now Ryan Beck & Co, Inc). He grew up in Maryland. He has owned IR/Consulting businesses (non-public companies) in the past. He has done both non-profit (mainly helping the homeless) and charity work. He did work as a consultant for Premier Development and is willing to rectify the issues with them. They have not contacted him further. There is no lawsuit pending.
Old Business (TQWI): As far as he knew, certain agreements were not fulfilled (NFI). The company assets/liabilities are not a part of DVFA. FWIW Jim had done some work for them and likes the company.
New Business (DVFA): The address on the Nevada SoS filings is a relative's address (for the personal reason of not wanting to give his home address). He has taken over the former company's office (an attorney's office NFI). The old phone number now works for the new company. DFVA has in essence a clean slate. The company's business model will be as the name infers (my words = M&A). There are several (NFI) small companies Jim is interested in. He likes one in particular. There are a group of people (NFI) working with him.
Share structure: The float is totally owned by us (his words were "you"). It is as was stated on the TA filings. The Authorized shares haven't changed. In the short term there is no plan to reduce (nor raise) the A/S. Shares may be used to pursue other companies. He made no promises with respect to dilution.
Company financing: He is trying to conduct DFVA business operations without having to acquire financing, but made no promises to not consider it in the future.
Reporting status: His intention is to become a fully reporting company to include audited financials. No timeline for implementation.
With respect to investor relations and releasing information: DVFA does not have a website yet nor do they have a dedicated IR rep. Jim gets around "500" messages a day and can't keep up with all the responses. He also actually reads ihub posts to get a feel for public sentiment. He understands the frustration and wishes he could reveal more, but has decided the better course is to wait for all the shares to clear and a few other things (NFI). He'd like to get a PR out by next Wednesday but couldn't guarantee it. He thinks we'll like the business model and wants to do what is best for all (shareholders and the company).
Posts: 840 | From: ny | Registered: Jun 2005
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That's an excellent article. It is a major pitfall here in the pinks and something to be on guard for at all times. It would have been interesting to see the funding used help TQWI get started.
For more information on toxic/death spiral/poison pill financing, smokintek's post is worth a repeat:
Posted by: smokintek In reply to: None Date:8/22/2007 1:54:06 AM Post #8472 of 9410
Jimnknee posted someting about TOXIC FINANCING..heres the link>>
//// However, here's a dynamic for this particular play: Jim Daniels has the background in raising capital for companies. He's a "double-edged sword" IMHO. Maybe you didn't see my post when I was concerned with a "Jim Daniels" in a relationship with an SEC filing company "Premier Development." We have confirmed this is our Jim Daniels:
Posted by: jimmenknee In reply to: UpTick88 who wrote msg# 7025 Date:8/15/2007 1:16:13 AM Post #7026 of 9410
[i]Well then, that's a bummer
8/14/06 Premier Development & Invest..Inc 10QSB 6/30/06
"... On February 21, 2006 we entered into a services contract with outside consultant Jim Daniels, a Maryland resident. Under the terms of the contract Mr. Daniels was issued 103,500 shares of our common stock, class A, $0.004 par value which was valued at $67,503. The contract was rescinded on May 9, 2006 with no services performed and we have requested the return of the shares. Should Mr. Daniels refuse to return the shares, Premier will file a lawsuit in Hillsborough County, Tampa, Florida seeking recovery of the shares plus other damages and relief. Once recovered, Premier will cancel the shares and return them to Premier's corporate treasury. In the event we are forced to file a lawsuit against Mr. Daniels, we do not believe that it would have any material adverse impact upon our operations or financial condition. ...."
My issue with this at the time is my issue with all IR/Consultants and "poison pill" financing (Convertible Debentures, etc.). When consultants get paid in shares, obviously those shares make their way to the market and usually during/after an active pump that creates momo and raises the pps.
I have a guarded skepticism here. The down side to any new company, and more so IMHO for RDT&E (like CYPW) and M&A (like WNSH) companies, is a flooding of shares into the market by the new management (equivalent to mini pump-n-dumps) and/or the accepting of toxic financing (leading to a thoroughly shorted stock, conversion of debt to shares, and a subsequent mini pump-n-dump) In both cases, these "cycles" continue over and over until retail shareholders are bled dry and/or the company goes belly up.
But again, I point to the two edges of the sword-- 1 pointed along the same path that creates a lot of bagholders and kills the company; and another pointed at the very capital venture raisers and consultants seeking to sell the poison pill. He knows his former colleages who may now be his adversaries NMState94. The only question left in my mind is which path will he choose, which side of the sword will he use?
He has stated his intentions to not use financing. We know he'll have to issue shares to conduct operations, either in the M&A activity or in funding overhead.
I'm going to be cautiously optimistic here and ASSume he'll chose right. But I certainly will keep looking for signs he'll choose wrong. So Far I see no signs he chose wrong-- do you?
Posts: 840 | From: ny | Registered: Jun 2005
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Information about Diversified Acquisitions (DVFA) Formerly known as "Tailor Aquaponics" OTCBB says.... TQWI Tailor Aquaponics World Wide, Inc. Common Stock
Notes from a phone conversation with Jim Daniels, CEO of Diversified Acquisitions on 8/23/07:
Background: He is a former stock broker of 10 years (old brokerage firm is now Ryan Beck & Co, Inc). He grew up in Maryland. He has owned IR/Consulting businesses (non-public companies) in the past. He has done both non-profit (mainly helping the homeless) and charity work. He did work as a consultant for Premier Development and is willing to rectify the issues with them. They have not contacted him further. There is no lawsuit pending.
Old Business (TQWI): As far as he knew, certain agreements were not fulfilled (No Further Information [NFI]). The company assets/liabilities are not a part of DVFA. FWIW Jim had done some work for them and likes the company.
New Business (DVFA): The address on the Nevada SoS filings is a relative's address (for the personal reason of not wanting to give his home address). He has taken over the former company's office (an attorney's office NFI). The old phone number now works for the new company. DFVA has in essence a clean slate. The company's business model will be as the name infers (my words = M&A). There are several (NFI) small companies Jim is interested in. He likes one in particular. There are a group of people (NFI) working with him.
Share structure: The float is totally owned by us (his words were "you"). It is as was stated on the TA filings. The Authorized shares haven't changed. In the short term there is no plan to reduce (nor raise) the A/S. Shares may be used to pursue other companies. He made no promises with respect to dilution.
Company financing: He is trying to conduct DVFA business operations without having to acquire financing, but made no promises to not consider it in the future.
Reporting status: His intention is to become a fully reporting company to include audited financials. No timeline for implementation.
With respect to investor relations and releasing information: DVFA does not have a website yet nor do they have a dedicated IR rep. Jim gets around "500" messages a day and can't keep up with all the responses. He also actually reads ihub posts to get a feel for public sentiment. He understands the frustration and wishes he could reveal more, but has decided the better course is to wait for all the shares to clear and a few other things (NFI). He'd like to get a PR out by next Wednesday (8/29/07) but couldn't guarantee it. He thinks we'll like the business model and wants to do what is best for all (shareholders and the company).
Footnote: According to a phone conversation on 8/22/07 with "Alexander" at ************ Inc. (the Investor Relations representatives for the old TQWI), Ron Almadova (former CEO of TQWI) now runs a new company-- Aquaponics International. You can get more information from them here: http://investorshub.*********/boards/board.asp?board_id=10270Posts: 840 | From: ny | Registered: Jun 2005
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posted
These reverse mergers usually always do real well...Look at the RECENT past Reverse Merger plays!
LFZA(USSE) - ran from .0002 to .84 (420,000%) SXML(AMRP) - ran from 0.03 to $50 (160,000%) CYBR - ran from 0.001 to 0.50 ( 50,000%) DEXTQ - ran from 0.0005 to 0.21 ( 42,000%) (SPEA) - ran from .10 to 30.60 ( 31,000%) (VQPI) - ran from 0.006 to 1.50 ( 25,000%) (USAC) - ran from 0.0002 to 0.049( 25,000%) FNCK- ran from .02 to 3.50 ( 17,000%) VIPM - ran from 0.0001 to 0.015 ( 15,000%) SLJB(LFWK) - ran from 0.0015 to 0.20 ( 13,000%) NXCN(CYKE) - ran from 0.01 to 1.30 ( 13,000%) HCOM - ran from 0.001 to 0.10 ( 9,900%) VLNT - ran from 0.0001 to 0.009 ( 8,900%) PRRY(ABDL) - ran from .02 to 1.60 ( 7,900%) IFLI(PGNT) - ran from .3 to 17.00 ( 6,000%) LRSY - ran from 0.025 to 1.50 ( 5,900%) PLSO - ran from .0005 to 0.03 ( 5,900%) TMXU - ran from .0007 to 0.04 ( 5,600%) CFUL(CNDO) - ran from .073 to $4.19 ( 5,600%) GWRX - ran from 0.01 to 0.475 ( 4,700%) UMCC - ran from 0.003 to 0.14 ( 4,600%) MXDY(2003) - ran from 0.01 to 0.42 ( 4,100%) RBID - ran from 0.001 to 0.04 ( 3,900%) BUIG - ran from 0.0015 to 0.05 ( 3,200%) DLGIE(TOCK) - ran from 0.011 to 0.35 ( 3,100%) PGNF - ran from 0.002 to 0.065 ( 3,100%) FCRZ - ran from 0.003 to 0.095 ( 3,100%) WPRO - ran from 0.003 to 0.085 ( 2,700%) DGIF(TDRPQ) - ran from 0.06 to 1.70 ( 2,700%) RTGV - ran from 0.005 to 0.12 ( 2,300%) NVBF(NVAO) - ran from 0.25 to 6.00 ( 2,300%) NNRF(SFDE) - ran from 0.003 to 0.07 ( 2,200%) FCCN - ran from 0.003 to 0.065 ( 2,100%) SSTP - ran from 0.017 to 0.38 ( 2,100%) LNBO - ran from 0.005 to 0.09 ( 1,700%) MNEI - ran from 0.001 to 0.017 ( 1,600%) CSBR - ran from 0.05 to 0.80 ( 1,500%) TVCE - ran from 0.0002 to 0.0028 ( 1,300%) PPXP(SFPH) - ran from 0.70 to 10.00 ( 1,300%) RGNO(FCNK) - ran from 0.02 to 0.25 ( 1,200%) EPMO - ran from 0.008 to 0.10 ( 1,200%) OCRI - ran from 0.001 to 0.013 ( 1,200%) ATGR(ATEG) - ran from 0.004 to 0.058 ( 1,200%)
Posts: 840 | From: ny | Registered: Jun 2005
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Rumor so far, check above someone spoke to new CEO. Was TQWI, now known as DVFA. Ceo Said hopefully PR will be released this wednesday, but Not 100% sure.. O/S is under 2 million, when R/M hits this will go Bananas! This has some Amazing Potential!
Posts: 840 | From: ny | Registered: Jun 2005
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Hey guys since I am an amateur in trading, can you tell me if now is the time to enter this stock.
Posts: 37 | Registered: Oct 2006
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so, if everything you guys expect happens, would today be a good time to buy this stock and how likely is it that i will get it for the bid price
Posts: 37 | Registered: Oct 2006
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have you bought it, and for what price, because i can't seem to get in, no one selling or something
Posts: 37 | Registered: Oct 2006
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posted
Its very hard to get shares nobody is selling. I bought In at first .24 and than bought at .17.. Its very tough to get shares people are waiting for RM news! Anyday now....
Posts: 840 | From: ny | Registered: Jun 2005
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posted
This is a very good chance, thats why I am here.. What you have to understand the number of outstanding shares is 1,916,666, the float is super tiny! There arent many shares for sale, when the BIG news hits this has very good chance of hitting the dollar range.....
Posts: 840 | From: ny | Registered: Jun 2005
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