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Messages - gman88

#1
Stock Picking / Re: SLT (STERLITE IND LTD ADR)
July 09, 2007, 01:52:38 PM
Hindustan Zinc plans additional 271,000 tonnes capacity
Posted July 9th, 2007 by Tarique


By IANS

New Delhi : Leading zinc and lead producer Hindustan Zinc Ltd. (HZL) plans to scale up its zinc production capacity to 671,000 tonnes by the end of this fiscal (2007-08) from the current 400,000, the company's chief executive said Monday.

"Our current production capacity for zinc is 400,000 tonnes and by the end of this fiscal we plan to increase it to 671,000 tonnes," M.S. Mehta, CEO of Hindustan Zinc, told reporters here.

Hindustan Zinc is part of Vedanta Resources, a London listed metals and mining major with aluminium, copper and zinc operations in Britain, India and Australia.

Increase in production, Mehta said, would take place due to sudden buoyancy in the domestic as well as international markets, giving rise to an increase in demand for zinc.

"We are planning to export about 200,000 tonnes of zinc this fiscal," Mehta said, adding that HZL had exported 150,000 tonnes in the last financial year.

Mehta also indicated that the new mining policy, as envisioned by the government recently, would open up new avenues of mining and exploration for the company.

Sterlite industries, subsidiary of Vedanta Resources, acquired 46 percent stake in the then state-run HZL in 2002. Thereafter, it acquired an additional 18.9 percent stake in April 2003, making it a subsidiary of Vedanta Resources.

In 2006-07, HZL had a turnover of Rs.85.60 billion and a net profit of Rs.44.2 billion in 2006-07.

http://www.indianmuslims.info/news/2007/jul/09/hindustan_zinc_plans_additional_271_000_tonnes_capacity.html
#2
Here is an update of recent events in TLYH.

CEO bought 45,000 shares in the company.
http://www.sec.gov/Archives/edgar/data/1226944/000115752307006279/xslF345X02/a5427753_ex.xml

I have reason to believe they will clarify/reiterate their earnings forecast in a couple of weeks. I am expecting it to be very positive. Will be adding to my position.

With such a silly name no one wants to take them seriously. But I think they are worth a look.

Issued this press release.

Premier Wealth Management CEO Details Short-Term Growth Objectives
Wednesday June 20, 8:47 am ET

LUXEMBOURG--(BUSINESS WIRE)--Nigel Gregg, Chairman and CEO of Tally-Ho Ventures, Inc., d/b/a Premier Wealth Management, Inc., (OTCBB:TLYH - News) today provided the following brief corporate update detailing several short-term growth objectives currently in focus.

In a formal statement, Gregg noted, "Over the past several weeks, Premier's management team has succeeded in overcoming a series of critical corporate challenges, including the restoration of our Company's listing on the OTC Bulletin Board. As a consequence, we believe we are now well positioned to redirect our attention to aggressively implementing growth strategies designed to strengthen and enhance Premier's leadership in the fast growing global wealth management arena. In this regard, we are now concentrating our efforts on achieving a number of short term objectives that we expect will help to positively impact our long range growth potential. Specifically, these objectives include:

    * Securing the appropriate distribution license from Swiss authorities to enable Premier to begin actively marketing select funds to its customers on a worldwide basis;
    * Penetrating new geographic markets through strategic partnerships or acquisitions currently under consideration by Premier, with emphasis on the Far East and the United States;
    * Launching Premier's inaugural 'fund of funds' in the fourth quarter of 2007; and
    * Initiating the Company's recently announced corporate stock buyback program.

"Allow me to emphasize that we are intent on executing strategies that will permit us to fully capitalize on current market trends and numerous growth opportunities we have identified and are in the process of qualifying. Although our short term objectives are ambitious, we are working towards achieving each one prior to the end of this year. Based on how things are currently progressing, we appear to be firmly on track to succeed and move Premier onto its next important stage of growth and evolution," concluded Gregg.

#3
Premier Wealth Management Successfully Relists on the OTC Bulletin Board
Wednesday June 13, 10:05 am ET

LUXEMBOURG--(BUSINESS WIRE)--Tally-Ho Ventures, Inc., d/b/a Premier Wealth Management, Inc., (OTCBB:TLYH - News) today announced that it has resumed trading on the OTC Bulletin Board under symbol "TLYH" effective at market open this morning.
#4
Penny Stock Picking / Re: POWN.PK
June 08, 2007, 11:51:55 AM
i sold out of it this morning at $.55.

This stock has 105,551,761 shares outstanding according to pinksheets.com. I also doubt they are going to see any money from the Disney deals for a couple of years. 
#5
Penny Stock Picking / Re: POWN.PK
June 07, 2007, 06:11:52 PM
2 long white candles though
Quote from: gman88 on June 07, 2007, 10:53:11 AM

That is a little worrysome for me too. But it did close on the high of the day and had increasing volume. I still think this one has more gas left in the tank. I want to see how it opens.
#6
Penny Stock Picking / Re: POWN.PK
June 07, 2007, 10:53:11 AM
I bought some on the open today for $.35.  :)

I am interested to learn more about the terms of the deal with Disney.
#7
Penny Stock Picking / Tally Ho Ventures (TLYH.PK)
June 06, 2007, 08:42:49 PM
Okay here is a real strange animal.

TALLY HO VENTURES (TLYH.PK)

Don't panic, this is not your normal Pinkie.

These guys are basically a European money management firm.

They were recently booted off the OTC to the Pinks due to a delay in filing their 10-K (due to a change in auditors). Had to change because the accountant was not familar with US GAAP.

One should read the PR issued on 5/24 for a good overview.

Key points:

1 – Apparently forecasting EPS of over 30 cents per share for 2007 (currently 47 cents in the Fact Sheet but is supposedly being lowered to around 30 to 35 cents after recent events). See current Fact Sheet at:

http://www.efcg.net/clientlookup.asp?ID=...

2 –They have just engage a new and more competent PR/IR firm (Elite Financial Communications Group, LLC). This is the IR firm for MLSS.

3 – They will soon return to the OTC (next week or two).

4 – Their last two PR's detail their strategic initiatives and provide some transparency. They also announced a "minor" stock repurchase program.

5 – They are in the process of changing their name to Premier Wealth Management

6 – They are about to undertake an IR strategy to gain more exposure.

7 – Using a multiple or just 8 times 30 cents for 2007 would give you a PPS of $2.40 versus under 80 cents today and their recent price of close to $.75
#8
Penny Stock Picking / SCEY.OB-SUN CAL ENERGY
June 01, 2007, 01:49:44 PM
Stock is on fire. Starting a DD.

Recent news-

Sun Cal Energy Inc. Announces Successful Drilling and Testing of its Deep Development Well in Washita, County, Oklahoma
Wednesday May 30, 10:07 am ET

SAN FRANCISCO--(BUSINESS WIRE)--Sun Cal Energy Inc. (OTCBB:SCEY - News), an energy exploration company focused in the Southern San Joaquin Valley of California, the Anadarko Basin of Oklahoma, and the Breton Sound of Louisiana is pleased to announce successful drilling and testing of its deep development well in Washita, County, Oklahoma.

ADVERTISEMENT
Operated by Marathon Oil, well data collection and evaluation has been completed on the Sturgeon 1-11 well, and has been deemed commercially viable. The well reached a final depth of 19,990 feet on May 15, 2007 after slightly more than 3 months of drilling. To help evaluate the amount of pay encountered in the well, an open hole logging suite consisting of density, neutron, HRI induction, sonic, and gamma tools was run to a depth of 19,980 feet. Marathon then ran production casing to a depth of 19,978 feet. The drilling rig was then moved off location and it is expected that completion operations will commence soon.

Commenting on these developments, Lewis Dillman, President and Chief Executive Officer of Sun Cal Energy Inc. states: "We are excited that the well shows hydrocarbons and that Marathon Oil has expanded its drilling program on our Hobart lease. This is a significant step for our Company as we progress towards production and cash flow."

Sun Cal Energy Inc. owns a 1.5% gross overriding royalty interest in the 1211 acre Hobart prospect strategically located in the Anadarko Basin and part of the Springer Morrow play -- the largest such play in the State and Mid-Continent. Marathon Oil will commence assembly of a more permanent drilling platform to support well completion on the Sturgeon 1-11 well, and is estimated to spend an additional $4 million for oil and gas extraction.

"We believe that Marathon Oil's testing and subsequent success on the development well validates our acquisition strategy, and sets the stage for larger successes and discoveries," stated Lewis Dillman: "In addition to a second well previously permitted, we are confident that Marathon Oil will continue to pursue additional drilling activities on our Hobart lease. Revenues from our Hobart Lease will provide stability and long-term growth prospects for our Company and our shareholders. We look forward to further encouraging results by the operator, Marathon Oil, and will continue to execute on our strategy to acquire properties with minimal cost, low risk, and potential for partnerships or joint ventures with major industry leaders."

Further Information

Shareholders and prospective investors are encouraged to visit Sun Cal Energy's website: www.suncaloil.com and download Sun Cal Energy's Investor Summary. Please feel free to call investor relations toll-free at 1-800-798-8334 to receive a full corporate investor's package.

About Sun Cal Energy Inc.

Sun Cal Energy Inc. is a publicly traded independent oil and gas exploration company with headquarters in Calgary, Alberta, and an operational office in San Francisco, California. Sun Cal Energy aims to secure and develop a portfolio of oil and gas properties throughout America. The company is strategically placed in the Southern San Joaquin Valley of California, the Anadarko Basin of Oklahoma, and the Breton Sound of Louisiana. Sun Cal Energy Inc. trades under the ticker symbol: SCEY - "Sun Cal Energy Inc. -- Providing Energy Solutions to America".

On behalf of the Board

Lewis Dillman, President and CEO

Forward-Looking Statements

Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including, but not limited to, the Company's belief that Sun Cal Energy Inc. can identify and successfully negotiate leases for oil and gas properties in California, Oklahoma and Louisiana that the Company can participate in the exploration of those properties. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission.

#9
Penny Stock Picking / Re: RRPH.OB
May 14, 2007, 03:00:51 PM
Stock is starting to bounce back after a massive drop on 5/2 (trading a range of 3.09 to 1.89). Bottom was reached on 5/4 at $1.66.

Regarding the massive drop in price on 5/2, I am unaware of its cause. RRPH issued the following statement:


Red Rock Pictures Holdings, Inc., does not see any reason for the drop in the share prices as company fundamentals and business plan remain stronger than ever.
Monday May 7, 2:56 pm ET

LOS ANGELES, May 7 /PRNewswire-FirstCall/ - Red Rock Pictures Holdings. Inc. (OTC: RRPH - News) announce today that the company fundamentals and executions of the business plan remain strong and on track.

ADVERTISEMENT
With an upcoming release of Red Rock's first motion picture "BAGBOYS", starring Dennis Farina, Brooke Shields, Larry Miller, Paul Campbell and Robert Hoffman, directed by Mort Nathan, and the previous announcement of two P & A commitments, "Beach Party at the Threshold of Hell" and "Electric Apricot", the company does not see any reason for the drop in share prices last week.

With the current management team of Red Rock Pictures which were previously involved in production of over 50 Feature Films ("Wedding Crashers", "The Wedding Planner", "Malibu's Most Wanted", "Big Momma's House 2", "Serendipity", and many more), with an outstanding proven track record that generated over $2 billion in total revenue, we are seeing growing interest from institutional and private investors in Red Rock Pictures Holdings, Inc. (OTC:RRPH - News), stated Maxwell Network Group Inc., Red Rock Pictures Holdings, Inc. Investor Relations Firm.

About Red Rock Pictures Holding Inc:

Red Rock Pictures (http://www.redrockpics.com/) finances and co-produces feature films and entertainment for all media. Dedicated to truly partnering with the creative community - from up-and-coming writers, directors and producers to experienced hands in film, television and digital media - Red Rock Pictures is built on its commitment to creative entertainment, finance and innovation. Red Rock Pictures management team has been involved in over 50 feature length films, with an outstanding proven track record that generated over a billion dollars in the U.S. domestic box office market, and over 2 billion dollars in total revenue.

Cautionary Statement Pursuant to Safe Harbor Provisions of the Private

Securities Litigation Reform Act of 1995:

This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this news release.
#10
la-ondo:

These 2 law firms that are filling suit are known "ambulance chases" in the securities industry. A quick search of google turned up the following:

Sarraf Gentile LLP:
http://newsblaze.com/story/2006042815035800002.mwir/topstory.html
http://findarticles.com/p/articles/mi_m0EIN/is_2005_Sept_14/ai_n15389972
http://www.marketwire.com/mw/release_html_b1?release_id=125940
http://www.seomarketwire.com/0504/20050428T224500Z-085665.html
http://www.feedsfarm.com/article/e685b1910f91601b9933c43a8e17cd3b4e0e61eb.html
http://www.seomarketwire.com/0504/20050426T130000Z-085334.html
and many more...............

Kahn Gauthier Swick:
http://www.feedsfarm.com/article/95f1e4bdc5205f0d3b1694e1060f1be9cc096275.html
http://www.marketwire.com/mw/release_html_b1?release_id=249927&tsource=3
http://www.kgscounsel.com/case/case.asp?lngCaseID=4939
http://www.marketwatch.com/news/story/investor-notice-kgs-announces-investigation/story.aspx?guid=%7B30299316-ACCB-4B73-9E74-C8510BE5F86D%7D

There are more examples but i think I made my point. These 2 firms are full on scum bag lawyers. There suits result in little or no value to the shareholder after they are paid. Ya know its funny how quickly they filed filed suit.

As far as the OPBL liability to the BMO, it seems rather limited. Please note the following lines in the OPEX customer agreement.

PARTICIPANT ACKNOWLEDGES, UNDERSTANDS AND ACCEPTS THAT OPTIONABLE MAKES NO WARRANTY WHATSOEVER TO PARTICIPANT AS TO THE SYSTEM OR THE SYSTEM, EXPRESS OR IMPLIED, AND THAT THE SYSTEM IS PROVIDED ON AN "AS IS" BASIS AT PARTICIPANT'S SOLE RISK. OPTIONABLE EXPRESSLY DISCLAIMS ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. NEITHER OPTIONABLE NOR ITS MANAGERS, OFFICERS, AFFILIATES, SUBSIDIARIES, SHAREHOLDERS, EMPLOYEES OR AGENTS MAKE ANY WARRANTY WITH RESPECT TO, AND NO SUCH PARTY SHALL HAVE ANY LIABILITY TO PARTICIPANT (i) FOR THE ACCURACY, TIMELINESS, COMPLETENESS, RELIABILITY, PERFORMANCE OR CONTINUED AVAILABILITY OF THE SYSTEM OR THE SYSTEM, (ii) FOR DELAYS, OMISSIONS OR INTERRUPTIONS THEREIN, (iii) FOR THE CREDITWORTHINESS OF ANY OTHER PARTICIPANT, OR (iv) FOR THE ACTS OR OMISSIONS OF ANY BROKER AUTHORIZED WITHIN THE SYSTEM BY PARTICIPANT TO UTILIZE THE SERVICES ON BEHALF OF PARTICIPANT. OPTIONABLE SHALL HAVE NO DUTY OR OBLIGATION TO VERIFY ANY INFORMATION DISPLAYED ON THE SYSTEM. PARTICIPANT ACKNOWLEDGES AND AGREES THAT THE SYSTEM DOES NOT AND SHALL NOT SERVE AS THE PRIMARY BASIS FOR ANY DECISIONS MADE BY PARTICIPANT AND THAT OPTIONABLE IS NOT AN ADVISOR OR FIDUCIARY OF PARTICIPANT.

I believe the real issue for OPBL is weather it can attract/retain client given the non-stop negative PR. OPBL's management of the BMO fiasco has put serious doubts in it leadership and product. I suspect will be launching their own counter offensive very soon. It is questionable if it can be effective.

no position.

#11
AENS had their annual shareholders meeting yesterday. Anyone got any info about it?
#12
It appears we have an insider buying AENS stock. He dropped about $90k or about 115,000 shares.

This should be an interesting week for ANES. With a good looking chart and with an insider buying we might see a break out.

I'm long at $.93.

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001144204%252D07%252D022732%252Etxt%26filepath%3D%255C2007%255C05%255C04%255C&symbol=AENS
#13
Is anyone aware if the company has given guidance as to when they will be profitable?
#14
Penny Stock Picking / Re: OPBL.OB - Its optionable!
April 30, 2007, 11:26:05 PM
We all agree (Shorts and longs) that Bank of Montreal has done a good deal of business with OPBL during its infancy in 2006 but the main point is not what has happened in the past but what is currently happening and will happen in the future.

There is no doubt that if in deed BOM decides to no longer trade through OPBL and OPBL loses 24% of the revenue they earned in 2006 in a matter of months that will impact "current" earnings to a certain extent. BUT THIS IS MISLEADING AS FAR AS THE TRUE 2007 IMPACT.

If you decided to invest in OPBL due to their relationship with BOM then you are very short minded. There is no doubt that OPBL has grown tremendously in just the last 4 months since 1/2007. Thus, as they have grown the BOM revenue has less and less impact on their overall earnings number. That 24% will drop to 20% then to 15% of overall revenue and so on as OPBL picks up additional clients and until BOM is only a small portion of the revenue. Who is to say they didn't pick up a few other large clients like BOM in the past 4 months!! BOM revenue may be under 10% of current on going revenue according to 2006 BOM revenue.

Once again this is a "hyper growth" story that will continue to unfold over the coming quarters.

REMEMBER: A company like this is not driven by what they did last quarter but what will be done in the quarters to come. (That is unless the current quarter is a total flop)

Tomorrow will be a much anticipated conference call and with the 24% short position this will either rocket up in the next few days after or dip down but with a floor as the shorts cover their positions.

#15
Penny Stock Picking / Re: OPBL.OB - Its optionable!
April 26, 2007, 06:36:32 PM
For the first time in a 2 weeks OPBL has found buyers. People want to get long ahead of next weeks earnings (AMC on Tuesday, May 1 ).