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| Moderator JJSeabrook | |||
| Assistants Buckey serfdom Reddog65 | |||
This Board is for posting Reverse Split/Round up Share plays...ALL R/S Round Up Share Plays. For instance, when a stock does a Reverse Split (R/S) and NO shareholder will be left with less than X amount of shares, that's what this board is going to post. I've never opened a board before, and just thought this was a good IHUB board to have. Maybe we can make some money in the future. *********************************************************************************************************** CURRENT R/S ROUND UP PLAYS: JDMO/JDMC.....JDMO did a 1:200,000 R/S on 7/13/07. On 9/17/07, JDMC did a 100:1 Forward Split. On 7/13/07 I bought 1 JDMO for .025 leaving me 1 share JDMC post R/S. After the F/S, I now have 100 shares of JDMC. On 10/12/07 the high of the day so far on JDMC is $7.00 per share. WEEEEEEEEEEEEEEEEEEEEEE Here's the JDMC PR that was released today, 10/12/07: Dalian RINO Environmental Engineering Science and Technology Co., Ltd. Completes Merger with Jade Mountain CorporationLast update: 10/12/2007 8:00:00 AMJade Mountain Corporation Completes $25 Million Private Placement DALIAN, China, Oct 12, 2007 /Xinhua-PRNewswire-FirstCall via COMTEX/ -- On October 5, 2007, Jade Mountain Corporation (JDMC), a Nevada corporation (the "Company"), acquired all of the issued and outstanding capital stock (the "Innomind Shares") of Innomind Group Limited, a British Virgin Islands corporation ("Innomind") through a share exchange (the "Share Exchange"). Innomind, through its direct and indirect subsidiaries, including Dalian RINO Environmental Engineering Science and Technology Co., Ltd., a PRC company ("RINO"), designs, manufactures, installs and services proprietary and patented wastewater treatment, exhaust emission desulphurization equipment, in addition to high temperature anti-oxidation systems, which are utilized principally by iron and steel manufacturers in the People's Republic of China ("PRC"). RINO's products are designed to reduce either industrial pollution and/or energy utilization. Simultaneously with the Share Exchange on October 5, 2007, the Company completed a private placement with institutional and accredited investors which resulted in gross proceeds to the Company of approximately $24.4 million through the issuance of approximately 5.46 million shares of common stock. As part of the private placement, management entered into a "make good agreement" and is required to place 5.58 million of their shares into an escrow to secure its obligations to meet specific net income targets. In the event the Company does not achieve $16 million in after tax net income ("ATNI") for 2007 and $28 million in ATNI for 2008, 1.674 million and 3.906 million shares respectively will be transferred on an all or none basis to the investors in the private placement on a pro-rata basis.[\b] China is the world's largest producer and consumer of steel products and its steel industry is comprised of approximately 1100 companies. For 2007, it has been estimated that the PRC will manufacture approximately 450 million tons of crude steel. RINO's proprietary and patented wastewater treatment equipment, called the "Lamella Inclined Tube Settler" wastewater disposal system, is a market leader in China's iron and steel industry. The Lamella Inclined Tube Settler system provides comprehensive treatment of wastewater resulting from the harsh manufacturing processes, and is a closed-loop system which significantly reduces the amount of water consumed during the manufacturing process. In addition, RINO introduced the Circulating Fluidized Bed Method Desulphurization System for eliminating sulphur dioxide emissions specifically in the sintering process of iron and steel operations. RINO's third product is an anti-oxidation system which significantly reduces the scrap produced in steel plate production. A proprietary coating is applied to hot flat rolled steel as part of the process will be sold to customers on an ongoing basis, creating a recurring revenue base. The Lamella system is patented, and patent applications are pending on the anti-oxidation system. Both the desulphurization and anti-oxidation products were developed as a result of RINO's cooperative efforts with the Chinese Academy of Science. "We are pleased to have completed this financing," stated Mr. Dejun Zou (David), CEO and Chairman of RINO. "The proceeds are expected to be utilized for working capital and to expand our production capacity to meet the growing market demand. This will include implementing new operating systems, equipment and technology to improve both our operating efficiency and profitability. In addition, we intend to expand and strengthen our distribution and sales network in China, while continuing to focus on new product development efforts." For the first six months of 2007, ended June 30, 2007, RINO recorded revenues of $28.7 million and net income of $7.3 million, compared to revenue of $4.1 million and net income $1.3 million in the respective year ago period. About RINO RINO is a leading provider of environmental protection equipment for the iron and steel industry in China. Specifically, RINO designs, manufactures, installs and services proprietary and patented wastewater treatment, exhaust emission desulphurization equipment, and high temperature anti-oxidation systems, which are all designed to reduce either industrial pollution and/or energy utilization RINO's manufacturing facility maintains the ISO 9001 Quality Management System and ISO 14001 Environment Management System certifications, in addition to receiving numerous government and industry awards. Cautionary Statement Regarding Forward Looking Information This press release may contain forward-looking information about the Company, Innomind and RINO. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and statements which may include discussions of strategy, and statements about industry trends future performance, operations and products of each of the entities referred to above. Actual performance results may vary significantly from expectations and projections as a result of various factors, including without limitation and the risks set forth "Risk Factors" contained in the Company's Current Report on Form 8-K filed on October 12, 2007. The shares of common stock issued in connection with the transactions have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration under the Securities Act and applicable state securities laws or an applicable exemption from those registration requirements. The Company has agreed to file a registration statement covering the resale of the shares of common stock issued in the private placement and certain other shares, within 45 days of closing. This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities referenced herein in any jurisdiction to any person. For more information, please contact: For the Company: Bruce Richardson Tel: +86-411-8766-1233 Email: bruce.richardson@rinogroup.com Investors: HC International, Inc. Tel: +1-858-704-5058 Email: info@hcinternational.netSOURCE Dalian RINO Environmental Engineering Science and Technology Co., Ltd. Copyright (C) 2007 PR Newswire. All rights reserved CONGRATS TO ALL JDMC PLAYERS! WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE *************************************************************************************** NTCC Ex Date: 8/20/2007 1-100 R/S Notes: New symbol: NTCI. Holders of 10,000 shs or less (pre-split) will be issued a minimum round lot of 100 shs (post-split) TQWI Ex Date: 1-1200 R/S Notes: N/C to Diversified Acquisitions, Inc. (DVFA). Holders of 120,000 shs or less (pre-split) will be issued a minimum round lot of 100 shs (post-split) ____________________________________________________________________________ ################################################################################################################################ WHEN TO BUY 100 SHARES OR 1 SHARE: Here's some examples of when you had to buy 100 shares to end up with 100 shares post R/S: MERH "There will be no change to the authorized shares of common stock of the Company and any fractional shares will be rounded up. No shareholder who currently has 100 or more shares will be reduced below 100 shares." ******************* MPNC/NWMO "N/C to New Motion, Inc. (NWMO). Special Treament of Shareholders; Further details available in SEC filing DEF 14C received on 4/2/2007." http://www.otcbb.com/asp/dividend.asp?sym_id=mpnc "stockholders holding less than 30,000 shares but at least 100 shares as of the Effective Time, and who continue to hold such shares as of the effective date of the Reverse Split ("Eligible Holders"), will receive 100 shares of common stock after the Reverse Split. The Reverse Split will not affect the common stock held by stockholders holding less than 100 shares as of the effective date of the Reverse Split. The result of this special treatment is that additional shares of common stock will be outstanding than if the Reverse Split identically affected all stockholders. No fractional shares will be issued for any fractional share interest created by the Reverse Split and held by a stockholder with more than 100 shares after the Reverse Split; those stockholders will receive a full share of common stock for any fractional share interests created by the Reverse Split." ***************** If you didn't buy 100 of those above, you didn't end up with 100 post R/S. **************************************************************************** The following are some examples of plays you could have just bought 1 share and ended up with 100 shares: DSKT/DSKA "No Shareholder to be reduced below 100 shares; New Symbol: DSKA" http://www.otcbb.com/asp/dividend.asp?sym_id=dskt NTCC/NTCI New symbol: NTCI. Holders of 10,000 shs or less (pre-split) will be issued a minimum round lot of 100 shs (post-split) UTNF United National Film Corporation Common Stock UNTF United National Film Corporation New Common Stock 1-2,000 R/S; No shareholder being reversed to less than 100 shares. ** ************ Pretty easy to look at the language to tell whether you need to buy more than 1 share to end up with 100 (or whatever the round-up number is) post split. ################################################################################################################################ ################################################################################################################################ SWNE did a 1:500 R/S, effective Monday, with NO Shareholder to be Reversed under 500 shares. If you bought 1 share today, you should own the same amount (500 shares) Post R/S as someone that owned 250,000 shares. [b]SWNE BECAME MCII MCII ROUND-UP SHARES HIT TDA USA ACCOUNTS ON 7/9/07. I've actually played a couple dozen of these, and they have ALL been money makers thus far. They are Nominal investment plays, so even if one goes bad, you can't lose more than a little beer money. Look forward to having a dozen or so of these plays a year. This is NOT a board that will get tremendous exposure during the year, but one to check for the plays in the afternoon after the OTCBB Daily List comes out to see if there are any plays that day. There will only be one chance to get in for most of them, unless the company posts in a DEF 14 that this is what they intend to do in the future, which will give us a heads up that it's coming. Anyway, I'll work on it in the coming days. GL TRADING! Remember, Trade'em, Don't Marry'em. JJ PS...MAY RENAME THIS BOARD TO R/S ROUNDUP PLAYS & CASH BUYOUTS! ************************************************************** HERE'S SOME EXAMPLES OF SOME PRIOR ROUND UP AND/OR POST R/S PLAYS THAT GIVE THE SHAREHOLDERS A CERTAIN AMOUNT OF SHARES AFTER THE R/S HAS OCCURRED: ____________________________________________________________________________ 14:03 12/28/2006 UTNF United National Film Corporation Common Stock UNTF United National Film Corporation New Common Stock 1-2,000 R/S; No shareholder being reversed to less than 100 shares. ** (I bought 1 share of UTNF in 3 separate accounts for .24 to .30 each share and Post-R/S I still ended up with 100 shares in each account of UNTF and sold for $1.50 per share. Less than $1.00 worth of shares sold for $450.00) UTNF had a DEF 14C which stated: "To reverse split the currently issued and outstanding common stock (the "Common Stock") of the Company on a 2000 shares for 1 share basis, with no stockholder being reversed to less than a round lot of 100 shares with fractional shares rounded up to the nearest whole share." ____________________________________________________________________________ 15:55 3/26/2007 DSKT Duska Therapeutics, Inc. Common Stock DSKA Duska Therapeutics, Inc. New Common Stock 1-20 R/S; No Shareholder to be reduced below 100 shares ** ____________________________________________________________________________ 13:58 5/3/2007 MPNC MPLC, Inc. Common Stock NWMO New Motion, Inc. Common Stock 1-300 R/S; Special Treament of Shareholders; Further details available in SEC filing DEF 14C received on 4/2/2007. ** SPECIAL TREATMENT OF STOCKHOLDERS HOLDING FEWER THAN 30,000 (BUT AT LEAST 100) COMMON SHARES AND FRACTIONAL SHARE TREATMENT The Company's board of directors approved special treatment of stockholders as of the Effective Time (as defined in the Certificate of Amendment to Amended and Restated Certificate of Incorporation attached hereto as Exhibit A) holding fewer than 30,000 shares of common stock to prevent those stockholders from holding less than 100 shares after the Reverse Split. The special treatment is being afforded to preserve round lot stockholders (i.e., holders owning at least 100 shares). Accordingly, stockholders holding less than 30,000 shares but at least 100 shares as of the Effective Time, and who continue to hold such shares as of the effective date of the Reverse Split ("Eligible Holders"), will receive 100 shares of common stock after the Reverse Split. The Reverse Split will not affect the common stock held by stockholders holding less than 100 shares as of the effective date of the Reverse Split. The result of this special treatment is that additional shares of common stock will be outstanding than if the Reverse Split identically affected all stockholders. No fractional shares will be issued for any fractional share interest created by the Reverse Split and held by a stockholder with more than 100 shares after the Reverse Split; those stockholders will receive a full share of common stock for any fractional share interests created by the Reverse Split. ____________________________________________________________________________ ******************************************************************
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