posted
Well I took a freakin nap and missed this one by about 10 min. So if we were fortune tellers we would all be rich, looking for that "next" one smash and dizz....it will come
posted
I can't see why it's surging right now. Chart is nearly overbought, so it might be hard to sustain. If we break a penny, this is gonna take a few ticks down, i bet.
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I think everyone rushes to get into it in case financials are released after hours or before the bell. I hope the report's good, otherwise, this is coming down hard.
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I strongly beleive those financials are going to be incredible...............................see below. LandStar Inc. (LDSR:PK) 2.9 Million USD Military Contract
WUHAN, China, Aug. 11 /PRNewswire-FirstCall/ - LandStar Inc. (LDSR) www.landstarcorp.com operating subsidiary, Hubei Chuguan Industry Co. Ltd., has started contractual negotiation with the fuel management department of Guangzhou Military Region in China. Chuguan's role will be providing both products and services for the project. Based on the initial discussions, Guangzhou Military Region requests that oil and gas recovery units be required to be installed for its five oil depots. The perspective installations are the part of its comprehensive management, and transformation plan for the oil. The total value for these installations will be close to 20 million RMB Yuan, or approximately 2.9 million USD. Exchange Source www.xe.com
In other Company news, the company wishes to use this opportunity to better acquaint itself with its shareholders and followers. The company is in the process of displaying images of some of its China based officers and directors on its corporate web site www.landstarcorp.com. Images of the company plant, units and China operations can be found at this direct link - http://www.chuguan100.com. Additionally, from LDSR's main page, www.landstarcorp.com, many news and events pdfs have been made available to its followers. The company also maintains a small executive type administrative office for its corporate secretary and its corporate spokesperson - Chinese translator - investor relations representative in Toronto, Canada.
Mr. Lee Congtang, CEO, Chairman, said, "Our march towards our targeted 0.0175 to 0.02 cent price per share is well under way. Sometime next week after the market has had the time to absorb our recent news events, and had time to digest our financial statements which we will be shortly filing; LDSR intends to call a meeting of our board of directors and advisors and to pass certain board resolutions regarding our proposed no recapitalization and no dilution policy."
posted
yes, im glad we made some money on this.. its just you cant risk it in a penny stock. i have learned that from the past. it will be fun the next one we get into though! monday my funds sould be sttled
-------------------- dont make yourself loose money in a stock that you had a resonable profit in
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This one took a fall from 0.01 to 0.074. I picked up a few at 0.077, but do not know if it's going to drop even more. Smash you are very lucky that you sold in the early hours. I think it is climbing back up again....who knows what t will do!!! maybe form a base line for a while before moving again.
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Hey guys, gals...just read this news...is this thing going to make another run this afternoon or monday morn? please let me know your thoughts
WUHAN CHINA, Aug. 14 /PRNewswire-FirstCall/ - LandStar Inc. (LDSR) www.landstarcorp.com operating subsidiary, Hubei Chuguan Industry Co. Ltd., was invited as a leading bidder to participated in bidding for the oil and gas recovery management project of the Nansha oil depot owned by Guangdong China United International Co., Ltd. The total of investment for this project is valued at 5.19 million RMB yuan Approximately 750,000.00 USD (See unauthorized links)
In other Company news, the company intends to release its Q2 financials shortly after the market closes today. The company is pleased to report that it has met its targeted goals and objectives.
posted
News at last, but not warm enough to move it upwards : Check out the below news :
LandStar, Inc. (LDSR:PK) Nansha Oil Project
Aug 14, 2009 10:39:00 (ET)
WUHAN CHINA, Aug 14, 2009 /PRNewswire-FirstCall via COMTEX/ -- LandStar Inc. (LDSR) www.landstarcorp.com operating subsidiary, Hubei Chuguan Industry Co. Ltd., was invited as a leading bidder to participated in bidding for the oil and gas recovery management project of the Nansha oil depot owned by Guangdong China United International Co., Ltd. The total of investment for this project is valued at 5.19 million RMB yuan Approximately 750,000.00 USD (See unauthorized links)
In other Company news, the company intends to release its Q2 financials shortly after the market closes today. The company is pleased to report that it has met its targeted goals and objectives.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of LandStar, Inc. that constitute forward-looking statements for purposes of the safe harbor Provision's under the Private Securities Litigation Reform Act of 1995. The words or phrases can be, "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. LandStar, Inc. cautions you that any forward-looking information provided by or on behalf of LandStar, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. LandStar, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond LandStar, Inc.'s control. In addition to those discussed in LandStar, Inc.'s press releases, public filings, and statements by LandStar, Inc.'s management, including, but not limited to, LandStar, Inc.'s estimate of the sufficiency of its existing capital resources, LandStar, Inc.'s ability to raise additional capital to fund future operations, LandStar, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match LandStar, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. LandStar, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Disclaimer
This is not an offer to buy or sell securities in any jurisdiction. This communication is for informational purposes only. This third party publication is not prepared or approved by MMG (Mina Mar Group) and therefore, may not meet research disclosure requirements applicable to MMG. The contents herein may be subject to copyright laws and any dissemination in whole or in part electronically or otherwise may not be shared with others without the author's prior written consent, which consent can unreasonably be withheld. We do not give legal or security trading or accounting advice of any kind. We are not a licensed broker dealer and do not claim to be. We make no representations as to the suitability of any transaction at any time. The opinions, estimates and projections contained in the publication are those of the author as of the date indicated and are subject to change without notice. MMG makes no representation or warranty, express or implied, in respect thereof, takes no responsibility for any errors or omissions which may be contained therein and accepts no liability whatsoever for any loss arising from any use of or reliance on the report or its contents. MMG its affiliates and/or their respective officers, directors, independent contractors or employees may from time to time acquire, hold or sell securities of issuers mentioned in the publication, related securities, or options, futures or other derivative instruments based thereon. MMG may act as financial advisor and/or consultant for certain of the issuers mentioned therein and may receive remuneration for same. MMG or its affiliates may have consulting arrangements with, or provide other remunerated services to, the issuers mentioned herein. The reader should assume that MMG or its affiliates may have a conflict of interest, and should not rely solely on this publication in evaluating whether or not to buy or sell securities of issuers discussed herein.
posted
The Guangzhou Nansha Development Zone signed an agreement on strategic cooperation with the Petrochina International Co., Ltd on June 22nd.
According to the agreement, an oil depot of 765 thousand cubic meters and an 80-thousand-ton oil wharf will be built on Xiaolu Island of Huang'ge, by the end of this year.
The agreement covers projects concerned with construction of an oil depot and wharf, oil trade, construction of a petroleum logistics and delivery center and oil filling facility for international ships and more.
Petrochina International Co., Ltd plans to explore the South China market by operating the oil depot and wharf while the Nansha Development Zone permits construction of the oil depot and wharf on condition that no threat will be posed to safety, capacity and/or environment. Additionally, the Nansha Development Zone will offer its support to Petrochina International Co., Ltd on issues concerning appraisals, safety assessments, environmental assessments, applications and other points and it will ensure supply of water, gas and electricity for the project which is expected to be completed by the end of this year.
Petrochina International Co., Ltd promised to set up a subsidiary at Nansha which is expected to be licensed to import and export crude or refined oil products, promoting oil trade by making full use of the oil depot.
(Translated by Guangzhou Association of Foreign Affairs Translators)
posted
PetroChina Company will establish South China's largest refined oil depot and product distribution center on Xiaohu Island in Huangge Town of Nansha District in Guangzhou.
PetroChina International Company and the Administration of Guangzhou Nansha Economic and Technological Development Zone signed a strategic cooperation framework agreement in Guangzhou on June 22.
Data shows that items listed on the project include a refined oil depot, pier construction, refined oil product trade, construction of a petrochemical logistics and distribution center, fueling services for international ships, ships for both fire fighting and towing functions, and other relevant supplementary items.
PetroChina will build a refined oil depot with a total storage capacity of 765,000 cubic meters and a harbor with a capacity to handle 80,000 tons of refined oil products on Xiaohu Island. The project can deal with 500,000 tons of refined oil each month. This is PetroChina's largest refined oil depot and distribution center for important refined oil products in South China.
Chinaoil is a wholly owned subsidiary of PetroChina. China National Petroleum Corporation (CNPC) views the Guangzhou Nansha project as a key move for its development and planning, and a supporting point for its supply chain of refined oil products in South China. The project is expected to be completed by the end of 2009.
As a supplementary project, China Petroleum Transportation Corporation and Guangzhou Nanye Storage Company plan to jointly invest 350 million yuan to construct a petrochemical logistics and distribution base on Xiaohu Island. Following its completion, the base can increase annual turnover by 350 million yuan.
China Marine Bunker (PetroChina) Company and Guangzhou Hongye Group also agree to establish a joint venture company.
With PetroChina's Nansha oil depot piers as the base, the joint venture will provide fueling and foreign ship supply services for international ships in the Pearl River Delta region. Its annual fueling capacity can reach over 1 million tons, with annual turnover exceeding 3 billion yuan.
Information shows that at present numerous well-known central state-owned enterprises (SOEs)—including China State Shipbuilding Corporation, Dongfang Electric Corporation, China Xi'an Electric Group, PetroChina, China Datang Corporation, China Shipping (Group) Company, Baosteel Group Corporation, China Resources Power Holdings Company and China North Industries Corporation—have invested in 26 projects in Nansha.
The industries span shipbuilding, energy equipment, petrochemicals, port logistics, high-end new technologies, infrastructure and the service sector. Recently, Dongfang (Guangzhou) Heavy Machinery Company successfully manufactured and delivered five vapor generators for the Ling'ao Nuclear Power Station's second phase project. This indicates that China has localized the manufacturing of key nuclear power equipment.
posted
Beerlady, I am now waiting to see what the investors will gather from this news. The volume is up as many are buying. Now remember, a lot of people sold out yesterday and it caused the stock to drop drastically. If there was no sale yesterday at the magnitude, the purchase today would have resulted in an early run. Alot of the people who made money yesterday are buying it back at a low price.
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Hey you're right, Jdizz, I forgot about those. Companies should never be late after giving us a deadline date. That could create an opportunity for re-entry for us though. If it keeps falling, then favorable financials are released, it could shoot back up. I'm gonna watch it today in case they release anything intraday.
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good news... unsettled funds to trade though :/ bought glcc and sold this morning! wish i had more money inthe account! think the goverment will bail me out on this?
-------------------- dont make yourself loose money in a stock that you had a resonable profit in
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Did anyone else notice the outstanding shares jump to 3.6 billion? and the market cap to $19.8 million?
It used to be about 400 million o/s, and a $2-3 million market cap (ish).
I don't like the change. I can't see this moving as easily as it used to now that the market cap is so large (relative to the past number). I think this is what it was supposed to be the whole time, but penny stock speculators love seeing a large contract coupled with a small market cap. I feel like a lot of the interest in this will begin to dissipate. I hope I'm wrong though, because this so easy to flip with PR.
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If you look at the 5 day moving average, the stock still has room to grow, It should at least be in the .0085 range for its high, with a median close range of .0066. Especially considering that at yesterday's close the ask was .0068, with an uptick and steadily increasing volume. So even if you assume that people put in their ask at .0057, the volume should carry it to at least .0074...I guess we will see if I'm right.
posted
Press Release Source: Land Star Inc. On Monday August 31, 2009, 8:03 am EDT Buzz up! 0 Print Companies: LANDSTAR INC WUHAN, China, Aug. 31 /PRNewswire-FirstCall/ - LandStar Inc. (LDSR) www.landstarcorp.com operating subsidiary, Hubei Chuguan Industry Co. Ltd., through Mr. Lee Congtang, CEO, Chairman wishes to express its gratitude to a great successful Expo held in Toronto Canada on August 28, 2009.
Related Quotes Symbol Price Change LDSR.PK 0.00 0.00
Mr. Lee Congtang said "This is a great event and we will definitely be back for the 2010 conference which I understand will be held early in the new year. I'm also advised that future plans of our corporate advisors and investor relations company (Mina Mar Group) are to host at least 2 of these similar events per year, and we intend to be there for every event. This, we see as a great way to connect with our shareholders, and network for other business. My primary reason to visit Toronto was to find out the details, and progress of our planned audit and up list to becoming an SEC reporting issuer and ultimately moving up to the OTCBB. I'm pleased to advise our followers that we have received a good word from a Toronto based SEC approved auditor on this matter. The Toronto based auditor was selected because of their affiliations or representatives they have in China which by all accounts should expedite this process. They have reviewed our preliminary financial documents, and we have been advised that they will require between 10 to 12 weeks to complete their task. We have set our targeted goals as the 1st quarter of 2010 to achieve the task of being an OTCBB issuer. I need not remind our long time LDSR shareholders that just 12 months ago LDSR was an issuer in distress and peril. Those days are now long behind us however worth reflecting back as to where we came from, and just how far we have come along. Although we are headed to OTCBB we are also advised that with our net revenues, audit, assets and new filings we will do, this may not be our final destination as there are other higher tiers available to us at that time. This will be our target for 2011.
In other corporate updates, LDSR is an issuer with a partial beneficial rights to a $4 million dollar lawsuit against an Investorshub.Com entity for the various malicious, slanderous and misleading posts being made on their website, who with total disregard for International laws continue to broadcast various false and misleading information. We were advised that we can note the Defendant in default this week but the registrar of the court insisted that he will not do so because we have amended the claim and added parties. (Additional poster names, individuals and entities which we believe provide support to these posters were added to the complaint). That is the registrar's ruling; and he advises that the new amended claim be served on Investors Hub as well, again, before default judgment can be had. We believe that because this is a USA entity being sued in Canada who at first defended the claim and suddenly stopped and never showed up to court at the set date. The courts are affording the defendants a second chance, as this is a sizable claim with serious consequences. Even though the new amended claim makes no new allegations against this Investors Hub, the registrar will not take it under the rules, and requires service of the amended claim".
More details to follow.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of LandStar, Inc. that constitute forward-looking statements for purposes of the safe harbor Provision's under the Private Securities Litigation Reform Act of 1995. The words or phrases can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. LandStar, Inc. cautions you that any forward-looking information provided by or on behalf of LandStar, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. LandStar, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond LandStar, Inc.'s control. In addition to those discussed in LandStar, Inc.'s press releases, public filings, and statements by LandStar, Inc.'s management, including, but not limited to, LandStar, Inc.'s estimate of the sufficiency of its existing capital resources, LandStar, Inc.'s ability to raise additional capital to fund future operations, LandStar, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match LandStar, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. LandStar, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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I took particular notice to "moving up to OTCBB in the first quarter of 2010"... but " company earnings don't dictate we remain at OTCBB status"... which means they are planning to hit the major indexes soon... MMM...I CAN'T WAIT
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interesting news about the lawsuit involving posters on ihub...i think it's a good thing...people should be held liable for their malicious comments.
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