Picked up some PGRD as a bottom fishing shell play

.055 x .075

Someone has been dumping and the MM's seem to have more shares than they want, got some fills on bid (.06).

Seems like what remains of PGRD is a shell that recently had a reverse merge cancelled. What remains looks like a nice pickup on a possible future shell play. Longterm only.

3M OS
180K Market Cap at .06
Looks like it has about a .07 book value.
No Preferred.

AGCI - In OTCBB filing compliance again

This is the other one I hold. Just a shell, nothing too exciting except the market cap on the common stock is around $144,000.

Just waiting for a reverse merger which may be a long wait

Current Snapshot

- OS 9.6 Million
- Float 9.5 Million
- bid .01
- ask .015
- Market cap $144,000
- little debt
- positive shareholder equity.
- Just completed 10K's and 10Q's

The big caveat here is the principals hold their stock in preferreds. Thus a reverse merge is less likely to be good for the common holders. Still a good lottery ticket.

SSHZ - The other Sino

This is the old AMDI which went through a nasty reverse split. A few month ago it performed a reverse split into "Sino Shipping Holdings".

The reverse split was guided by Fountainhead Capital Partners Limited who was the majority holding in the original AMDI at the time of the reverse split. Fountainhead cut itself a sweet deal in the reverse merge, ending up with around 4% of the company. They did not leave many scraps for us minority holders.

SSHZ itself is now interesting and worth looking at. NITE let me pick some up over the last week at $2.25 and under and seems to be the only market maker genuinely active.

Current Snapshot

- bid $2.25
- ask $3
- OS 24.63 Million shares
- Top 8 shareholders hold at least 24.35 Million Shares
- 7 of those top 8 shareholders hold less than 5% of the company
- Shareholders Equity (March 31, 2008) $20,823,362
- 1st quarter revenue - $5,303,837
- 1st quarter profit - $1,569,226
- 1st quarter profit/share - 6.4 cents per share

Hard to tell where this one is going, they seem to have a nice cash flow stream but little history. They have not bothered to publish even 1 PR with the reverse merger.

My hope is they are aiming for the Nasdaq Global Market. They clearly have the equity/revenue/profit to qualify. It may be they currently don't have enough freely tradable shares as yet as the reverse merge was so recent.

This is one to study, if they continue to show current profit streams it gives them a PE of around 12 at $3.00 per share.

hey mack. bllde might be a nice otcbb and awyi IMO

well noticed a near 100% jump the other day.

Not a great buy as yet, but I'm slightly green at the moment.

Interesting bankrupcy plan, seems well planned out. Hopefully by the end of November we'll know if there is anything left and if this is a good play or not.

Looking forward to see if it was Insiders or Institutions that dumped last week.

Mack

another great call Mack. your to good

DLWI - Interesting Shareholder information:

This information is 1 year old, but it shows that institutions and insiders held nearly the entire amount of the OS of the company. So it appears yesterdays dump was likely a combination of some institutions getting a Chapter 11 company off their books and some insiders locking in some capital losses for 2006. Before yesterday, there looks like there was only 1 day over the past year with volume greater than 100K , so most of these shareholders were still in before yesterday. Look for a rash of Form 4's over the next month.

At some point the dump will stop as already it seems 1/2 the below have sold and some will just hold from this point.

Mack

****************************************

STOCK OWNERSHIP OF PRINCIPAL SHAREHOLDERS
AND MANAGEMENT

The following table sets forth certain information as of September 14,
2005, regarding the beneficial ownership of the Company's common stock by (i)
persons beneficially owning more than five percent of the common stock, (ii) the
directors, (iii) the executive officers named in the Summary Compensation Table
under "Management Compensation", and (iv) all current directors and executive
officers as a group. Unless otherwise stated in the notes to the table, the
Company believes that the persons named in the table have sole voting and
investment power with respect to all shares shown as beneficially owned by them.




SHARES
BENEFICIALLY
BENEFICIAL OWNER OWNED PERCENTAGE


Towle & Co. (1) 779,150 12.9%
12855 Flushing Meadow Drive
St. Louis, MO 63131

Franklin Resources, Inc. (2) 555,000 9.2%
Franklin Advisory Services, LLC.
Charles B. Johnson
Rupert H. Johnson, Jr.
One Franklin Parkway
San Mateo, CA 94403

Aegis Financial Corporation (3) 516,149 8.6%
William S. Berno
Paul Gambal
Scott L. Barbee
1100 North Glebe Road, Suite 1040
Arlington, VA 22201

Dimensional Fund Advisors Inc. (4) 410,842 6.8%
1299 Ocean Avenue, 11th Floor
Santa Monica, CA 90401

E. Erwin Maddrey, II (5) 883,700 14.7%
233 North Main Street, Suite 200
Greenville, SC 29601

Bettis C. Rainsford (6) 679,484 11.3%
108-1/2 Courthouse Square
Post Office Box 388
Edgefield, SC 29824

Buck A. Mickel (7) (8) 441,886 7.3%
Post Office Box 6721
Greenville, SC 29606

Micco Corporation (8) 310,158 5.2%
Post Office Box 795
Greenville, SC 29602

Minor M. Shaw (8) (9) 404,088 6.7%
Post Office Box 795
Greenville, SC 29602

8



Charles C. Mickel (8) (10) 402,351 6.7%
Post Office Box 6721
Greenville, SC 29606

J. Patrick Danahy (11) 2,611 (19)

William F. Garrett (12) 302,460 5.0%

C. C. Guy (13) 19,467 (19)

Michael R. Harmon (14) 9,437 (19)

Max Lennon (15) 24,117 (19)

William H. Hardman, Jr. (16) 32,927 (19)

Donald C. Walker (17) 23,997 (19)

DLWI - Picked up a Mack sized portion on the cheap.

First real purchase I have made in near 1/2 year. Looking for a longer term hold with a hopeful dead cat opportunity to get to free shares.

Company went Chapter 11 yesterday with plan to liquidate operations and pay off creditors. Thus it looks like no replacement issue of common stock is likely, nor does it look like they will be issuing stock. The hope is that remaining assets will pay off creditors and they will see the current common stock as an asset to spin off to someone as a shell.

As of last 10Q, company had decent positive shareholder equity but this was concentrated in its property value and cash flows were very negative forcing them to default on their debt covenants. It is not unreasonable that the bankrupcy and liquidation process will allow creditors to be made whole and the common stock will survive for some brand new purpose.

The good news, 6M OS at current price of .014 gives the whopping market cap of $84,000.

Hard to imagine there is much stock left to dump as probably 2.5M shares were sold yesterday out of 6M. Possible this also may have a nice short position as company financial troubles were well documented over the last few years.

Will take a while to play out, but short-term bounce is quite possible.

Mack

yep sold mine as well. Darn the first and second players on these cheap one didnt hold long enough :(

Wow, caught my eye today too.

I sold my stash at .25 before the summer so I left quite a bit on the table, but still was a very good one.

Hope all is going well, planning on taking a few more months off.

Mack

onsp amazing mack. Im out :(

trading history
TCLT - Techalt, Incorporated

--------------------------------------------------------------------------------

DATE OPEN HIGH LOW CLOSE VOLUME
09/30/05 --- --- --- 0.050 0
10/31/05 --- --- --- 0.010 0
11/30/05 --- --- --- 0.050 0
12/30/05 --- 0.100 0.100 0.050 10,000
01/31/06 --- 0.750 0.100 0.350 141,690
02/28/06 --- 0.510 0.185 0.185 232,590
03/31/06 --- 0.200 0.120 0.170 157,600
04/28/06 --- 0.190 0.100 0.120 138,770
05/31/06 --- 0.100 0.030 0.021 129,000
06/30/06 --- 0.040 0.020 0.030 69,500
07/31/06 --- 0.040 0.010 0.040 243,130

they have an s-8 out but even if those shares were fully diluted it have an o/s of 20,782,719 with a market cap of 207k. Seems like a nobrainer here IMO

TCLT interesting.

sweet thanks mack. Hope all is well. tryign to buy here.

AMDI - 8K out today, change of control

Paid $700K for 55%, offshore entity.

Hope all is well, may get back at things in a few months....

Mack

Yep :(

Yecch!

KTWO
ITEM 1.01 ENTRY INTO MATERIAL DEFINITIVE AGREEMENT

On July 27, 2006, the Registrant and NPOWR Digital Media, Inc. ("NPOWR") a California corporation determined to abandon the contemplated merger between the parties. Pursuant to the Letter of Intent dated December 22, 2005 between the parties ("LOI"), NPOWR is obligated to pay all expenses of K2 as specified in the LOI to the date of termination. K2 will continue to actively seek other business alternatives, through acquisition merger or otherwise.

in case anyone's holding...

I think at this point its a combination that its now June and the outstanding legal issues. Not much incentive to pay .20 to buy in any significant quantities right now.

Nasty out there right now........

Mack

onsp .. why the heck is it still trding here

The number of shares outstanding of registrant's common stock, par value $.012 per share, as of March 31, 2006 was 1,089,219

Its been good to you thus far :)

NPOWR-KTWO

This kind of stuff is why I am holding onto this one. Probably won't pan out, but if it does it will be a good one!

http://blog.itvt.com/my_weblog/2006/05/npowr_named_com.html

cool. glad to see you mostly liquid. Im more liquid then usual but still now as much as I would like.

Hope all is well.

Hey Pat, have been about 95% sells over the last few months and am very liquid. Been paying attention and see you're doing pretty well!

Still holding all my KTWO, but have holding only fractions of my other holdings as I have been able to shed them at very agreeable prices. Overall, quite a good year.

May tinker a bit through the summer when I'm bored but doubt I'll get in too deep before the fall. Markets seem especially turbulent right now anyway.

Thanks for asking! Stay well!

Mack

been up to any good? liquidated for summer?

Most Outstanding Action - Topnotch

Thanks.

LOL. "Running out of stocks to hold, right on schedule." your the man mack.

Yes Mainlander so it makes for nice lotto ticket.

Hopefully has some plans for the shell in lieu of the dilutathon the other owners were running.

Mack

Out AKJM

Likely has more run, but got more than I planned for so I'm happy. You got me started on this one so I have to thank you.

Running out of stocks to hold, right on schedule.

Mack

Mainlander Chinese?

Could be interesting. BTW, ARCA is selling into NNSR methinks. They have the MM's in a vice grip.

fringe

ahhh. cool. danka

New SRLT Owner - Zujun Xu - owns 8.8M out of 12.5M

hmmm. totally missed that increase but knew it was coming. sooo still no mention of Halter in the new filing?

Pat you been following SRLT events

As we suspected, diluted to OS of 12.5 million, although insider holdings remained at 70% so float only grew about 2.5 million in total.

Whole new ballgame....

I Might Back up the Lorry For That -e-

Love your truck collection!

Good time to be picky about the prices you buy at, this is the time of year I usually unload my trucks.

The best one I have still loaded up that hasn't moved up much is KTWO. Hopefully they will finalize the RM in the next few weeks. There will be 1:3 RS, but the candidate has an interesting business model. Not a bad buy around .07-.08 when they put it on sale.

Mack

Hey, I'm buyin'!

Been awhile. Should be here more. I'll bring my truck collection to play with.




fringe

rotf. no crap. I have been on bid the last weeks. A few weeks ago I realized that I didnt have enough.

Now want alot more. Gonna be a nice one and one to hold comfortably IMO

ONSP, another one we were too early on....

.... we are soooooooooooooo stupid......

I see at .35 the market cap has reached the astronomical amount of $381,000, lol!

Mack

ONSP :)

You picked a good day to start buying...

or was it a good day cause of your buying????

Being early is good, I'm almost always early and its usually a very good thing!

Finally making money on MOAT!

Mack

alright well bought some today. Hopefully not to early

:) Still gonna watch myself. Like to see how the next week or so pans out

Oh i get it now, ha!

So its got a market cap of around 200K, but its a Nevada company. I think I'll go for a small amount but won't get too crazy as it could turn into a dilutathon.

har sorry. Just was replying to this part "Trying to figure CBCL out, not sure if the change in fearless leader means they will dilute even more or not." .. That fiquire was todays OS> SOMEDAY it should bounce hard. Just not sure when.

Pat,

I forgot to wear my secret decoder ring today, she must be pretty sexxy.

Almost KTWO time....

Mack

watching. 10726140 as of today.

Seems to be the new trend. And funny thing is I find many of my otcbb's to pinkies finding nice post pinkie runs. MPMA might just do that.

I think you may be right!