posted
While the boiler room boyz were busy pumping the same old crap day in/day out, I doubled my money on this little known sleeper over the past week. It pays NOT to follow the herd in here....
Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006
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posted
I wouldn't say little known since it's BANY new symbol after a 1-100 RS. Be careful and read the Def 14A:
BANYAN CORPORATION 9025 Wilshire Blvd., Penthouse Suite 500 Beverly Hills, CA 90211
NOTICE OF ANNUAL MEETING OF SHAREHOLDERS and Important Notice regarding the Availability of Proxy Materials for the Shareholder Meeting to Be Held on September 4, 2007
TO OUR SHAREHOLDERS:
Please take notice that the annual meeting of shareholders of Banyan Corporation, an Oregon corporation, will be held at 2:00 p.m., local time, on September 4, 2007 at our offices at Suite 207, 5005 Elbow Drive S.W., Calgary, Alberta, Canada T2S2T6, for the following purposes:
1. To elect Michael S. Gelmon and Cory H. Gelmon as our board of directors;
2. To approve the Second Amendment to the Restated Articles of Incorporation to increase the authorized shares of Common Stock to forty billion (40,000,000,000) shares;
3. To approve the Third Amendment to the Restated Articles of Incorporation for a one-for-one hundred reverse split of our outstanding common stock without affecting the number of authorized shares of common stock; and,
4. To transact such other business as may properly come before the meeting or any adjournment(s) thereof.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
No offense, beechwood, but if you really mean well, why didn't you try and alert the 'herd'? The board, in its best intentions, is not intended for bragging post trade, but helping others.
Glad you made money, but BANY/BNYN has been a POS for a long time. Good money could have been made off of it if you timed it right, but as J_U_ICE points out, they are some diluting mothers.
Posts: 949 | From: Little Rock, AR | Registered: Dec 2005
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posted
Up 130%, but still it's down 77% from the post-split value of .01. Since they also increasy A/S to 40B, that tells you that they will be diluting like crazy, so I don't see this run lasting too long and it will most likely be back to .0001 in no time. The shorts will eat this one up.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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posted
How could a POS like this run with no news. I wonder what up for next week.
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007
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