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Hearing rumors. Wonder if he used the test. Marriane like Gilligans. Gave her a can of tuna.
OK I popped the question
If, after you go out with her a few times & can get her to say yes, you got it
Best man has to throw a party with lots of naked women. I think I'll ask her to marry me just so I can go the party at your expense
Go for it...I wanna be the best man tho if it works out...
HA! I like her already
k...carry on...
LOL, I get it know
I'm stupid
I clicked on hot, figured I'd get what's hot on Ihub. I didn't know additional effort was required
Ok...I found one for ya...I'm not too sure you can handle her. She's quite a firecracker but tends to whine a lot...http://www.investorshub.com/boards/profile.asp?user=34848
cause you are looking at a list of the most recent boards posted on ie check the times on the right of that list...ROTF...sadly, for you...it's not on the list of most popular boards...you've been away too long...HAHAHA...after you click HOT, click top boards...
why the hell is this thread on the hot list?
Yes, I am still looking for a woman......
Get the women off the streets; Mongo's back in town.
Does 2 outta 3 count?
LOL
you prolly right, thanks
ty Chu ... have a great day!
I suspect that the PINK are cheaper to IPO than the OTC BB simply cause they regs would be less stringent. Hence there were the AUML, EMTK, CUPJ's of the world
I meant that IMHO it was cheaper & quicker to use an existing shell to go public than go thru the whole IPO process. I don't have any $ figures handy
Oops sorry double post, I do that often lately
Ah yes, the good old days!
:)
ty
Ah yes, the good old days!
:)
ty
I'm pretty sure he thought that one up all by himself, some years ago I really did print this out, in big letters, bold, and taped it on the wall over one monitor.
Here's a copy of the original post:
To:Wayne Rumball who started this subject
From: Wayne Rumball Saturday, Mar 25, 2000 10:29 PM
View Replies (3) / Respond to of 231
When I created this thread perhaps I mistakenly assumed that everyone that might be interested in it knew my market philosphy already.
It's quite simple.
All stocks are shit
All stocks are shit
All stocks are shit
The sooner you realise this the sooner you will be able to trade properly. Got a losing position? That stock was a piece of shit. Dump it.
Got a winning position? Amazing such a piece of shit could run, sell it.
The market is all about buying and selling. If you aren't selling you aren't making money.
Who got it from ... ?
Yes, but I got it from Wayne.
are shells getting cheaper or more expensive these days?
thanks for your time
on which exchange are they the best deal for the same amount?
they are all trick questions but the answer is always the same
Haven't you said this for years, Jim?
really? how expensive are they now?
really? how expensive are they now?
it's cheaper & quicker to use a shell. The shell runs cause then it ain't a shell but a viable entity...
Thanks for the explanation.
I sort of understood that reverse mergers give a private company access to a pool of stock in a reporting company.
I just didn't understand why that's worth so much to the public company, why the private company doesn't just IPO, and most importantly, why does it make the stock run 500% ?
Chris
A technical explanation and, as JIM said, yesterday's example re HOMI:
Reverse Merger - Overview
A "reverse merger" is a method by which a private company goes public. In a reverse merger, a private company merges with a public listed company with no assets or liabilities. (The public company is also called a "shell" corporation). The publicly traded corporation is called a "shell" since all that exists of the original company is its corporate shell structure. By merging into such an entity, a private company becomes public.
The private company merges into a public company and obtains the majority of its stock (usually 90%). The private company normally will change the name of the public corporation (often to its own name) and will appoint and elect its management and Board of Directors. The new public corporation has a base of shareholders sufficient to meet the 300 shareholder requirement for admission to quotation on the NASDAQ SmallCap Market.
The advantages of public trading status, which are outlined in greater detail below, notably include the possibility of commanding a higher price for a later offering of the company's securities. Going public through a reverse merger allows a private company to go public typically at a lesser cost and with less stock dilution than through an initial public offering (IPO). While the process of going public and raising capital is combined in an IPO, in a reverse merger (also know as a "blind pool" merger) these two functions are unbundled; a company can go public without raising additional capital. Through this unbundling operation, the process of going public is simplified greatly.
The private company which has gone public obtains the benefits of public trading of its securities, namely:
Increased liquidity of the ownership shares of the company
Higher share price and thus higher company valuation
Greater access to the capital markets through the possibilities of a future stock offering
The ability of the company to make acquisitions of other companies using the company's stock
The ability to use stock incentive plans to attract and retain key employees
Going public can be part of a retirement strategy for business owners
The benefits of going public through a reverse merger, as opposed to an IPO, are the following:
The costs are significantly less than the costs required for an initial public offering
The time required is considerably less than for an IPO
Additional risk is involved in an IPO in that the IPO may be withdrawn due to an unstable market condition even after most of the up-front costs have been expended
IPOs generaly require greater attention from top management
While an IPO requires a relatively long and stable earning history, the lack of an earning history does not normally keep a privately-held company from completing a reverse merger
The company does not require an underwriter
There is less dilution of ownership control
You will receive a higher valuation for your company
Requirements prior to entering into a reverse merger are the following:
A private company will require approval of the majority of its stockholders for a merger with a public corporation
Once a company is taken public through a reverse merger the financial markets hold the following future prospects in the capital markets for the newly public corporation:
The market value of a public company is often substantially higher than a private company with the same structure in the same industry
Capital is easier to raise for public companies because the stock has market value and can be traded
The public trading price of the public company's securities serves as a benchmark for the offer price of a subsequent public or private securities offering
Acquisitions can be made with stock since publicly traded stock is viewed as currency for mergers and acquisitions
Form S-8 stock can be issued for officers, directors and consultants EDIT: GRRRRRRRRRRRRRR
If the stock dividend distribution included warrants, the new company can receive proceeds from the exercise of those warrants if the trading price of its common stock exceeds the exercise (strike) price of warrants.
http://www.ipo-merge.com/reverse.html
I'm embarrassed to admit it, but ...
I can't answer #6. I mean I sorta know the answer, I just don't really understand why its done.
As for #4, lol its a trick question. You know the CEO is lying when he bothers to communicate directly with his current and future internet minions. Or when he/she issues a press release for any other reason than SEC filing related. Or when you call the company and he/she takes your call immediately. Which is pretty all the time, lol.
Chris
1. SHIT
2. TRUE/FALSE
3. SHIT
4. Most of the time, but not always, when RB is a shortcut on the monitor on his desk...ALWAYS
5. SHIT
6. HOMI
7. SHIT
8. Watch Harbie
9. SHIT
10. Stupid question
11. SHIT
Sorry, I don't fit the bill, but wanted to have fun answering the Qs
Question 1: Complete the following statement "All stocks are _______"
skyrocketing to the moon. If you have norbought in, you are gonig to be to late.
Question 2: True/False - All information found on stock message boards should be considered truthful and accurate.
____ True, I do not even try to get information from anywhere than Ihub.
Questione 3: Complete the following statement "All stocks are _______"
Winners, if only you hold long enough. If the company files an S-8, double down- they have a plan.
Question 4: How do you know the ceo of a penny stock company is lying?
Check the filings. Also, form 4 and 144 are usually required. If you are invested in a pink sheet, then this is over your head, imo.
Question 5: Complete the following statement "All stocks are _______"
Fun- at one point in time.
Question 6: Explain the term "reverse merger'.
basically, ouch. Most companies do not beneifit from a R/S. Plus, dealing with a R/S does not get your to Wayne's objective<g>
Question 7: Complete the following statement "All stocks are _______"
Fun as they go up.
Question 8: True or False - Extreme greed is the only way to make money with stocks. You should always ride stock up and then back down again. It's too risky to sell because you might miss the top.
LMAO. I always hold for AT LEAST A 30% gain (not).
Question 9: Complete the following statement "All stocks are _______"
Beyond my control.
Question 10: True or False - Since a stock split doesn't change the value of a company you'll never make money buying a stock that's doing a split.
False. Perception is the key ;)
Bonus Question: Complete the following statement "All stocks are _______" Worth their wieght in gold- if you play them right
Please keep a tally of the results. If 1 blond haired, blue eyed woman with a body that won't quit accidently manages to post a message, she's mine......
That ain't me, lol
Please keep a tally of the results. If 1 blond haired, blue eyed woman with a body that won't quit accidently manages to post a message, she's mine......
Something like that....I was coerced into starting this board. I guess I'm wayne's pimp now.
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