Friday, October 31, 2014

Checking up on Biosynt and other TO Biotech stocks

I wrote up on this country in response to a PS Dave post where he bashed it as a pump and dump. Now, I never said it wasn;t but I looked at it more seriously then he did and really did think it had some potential.


I got in and out, but, have been checking up on it as I normally do with stocks that made me some money. Well, it has taken off. This is the chart when I first wrote about it




And this is how it looks now (without any Indicators as I don't need them to make my point here)




I've been looking at a number of medical/biotech companies lately,mostly based off of technical, although its not a bad area for me as it is more or less what I went to school for, but never did anything with.


I've been looking at T.GUD and T.PLI (this one I feel is good right now and can a quick buck can be made off a week long swing trade)

Michael Sata Dies!

If you do not know who Michael Sata is, don't be to hard on yourself, he was the long reining "president" of Zambia. A guy who started off sweeping streets in London and went on to become the president of his native Zambia. A story competed with only by Nicolas Maduros rise from local bus driver to President (to his credit he did serve as Minister of foreign affairs and, vice president iirc). Anyways, regardless of his spectrum of employment, he has died. Which wouldn't be an item of great interest given the that he was 77 and the human death rate being 100% but..the vice president Guy Scott is now standing in as president (some reports say he has been named intern president, other say that he has not been officially sworn in). What is significant about this? Well, it is Africas first white leader in many years since the last white guy in South Africa.


Now, I know how this might seem. African national dies and this cracker blogger is concerned about the fact that a white guy is now president. The fact is, my family has ties to colonial Africa, there are still many members of my family (which I have never met) who live in South Africa (which should concern me I suppose), and, growing up, I heard lots of talk about African politics, so it has some relevance to me.


The other day a statement came out from Obamas office stating that he was "saddened by the death" and that he hoped Zambia could "make a peaceful transition" into the new presidency. A statement I find somewhat funny as Zambia is one of the few nations where tribal opposition does not exist, Sata having genocided his competition near the beginning of his rise to country leader. Almost all power struggles in Africa exist as tribal disputes and Sata, having eliminated his, has made Zambia a somewhat peaceful nation...as far as Africa goes anyways.


If you would like to read an actual article search for it on google.

Maybe I'll post a bit again

I used to have 3 daily readers but then I stopped blogging. Was quite busy and, quite frankly, bored and uninterested in the junior scene. If I do maintain this site like I was doing for a few months about a year ago, I would change the name, or start a new one altogether. As much as the market does give me a plethora of opportunities to make snide, sarcastic, and generally useless comments about the horde of junior mining executives learning to live without access to free money, it has gotten old and..well...there are a number of guys who already do it better then I do; presumably because they still care and still have some heart to put into their bashing. I think a blog more loosely centered around my economic and market interests, not pigeon holed to the junior resource market, and anything that really interests me. That being said, there are already good, intelligent, people who do it much better then I. but I digress...



That being said, I may just become lazy, and leave the blog altogether. No promises because its my little corner of cyber space and, seeing as I do not believe anyone still checks the site, all this mulling over of the blogs direction is earnestly in vain.


Anyways...lets get on to the exciting news. I wrote a post on Bobby Genovese a while ago (can be read here) and, one of the three comments pending after months of inactivity is a reply to such post, succinctly stating that "To avoid legal pursuance regarding Defamation Law and harassment this blog much be removed immediately", posted by an Anonymous individual. I aint scared on no honky lawyer. Especially since American defamation law does not extend to Nicaragua!


Now, you may be wondering what all this incoherence actually mean (have you picked it up, I'm trying a Faulkner influenced stream of consciousness approach to my blog right now...Before you scoff and say Joyce did it much better, I will tell you not to bother because I disagree. I think Faulkner was like James Joyce is some of his endeavors, but he could tell a story)


Hasta Luego!

Sunday, April 6, 2014

Does it gain me street cred that I used to play hockey on this street?

Saw this on IKN, but wanted to re post as it has a special meaning to me.


This is the area in which I grew up, I know exactly where this house is, and I used to play hockey with some friends on this street.


Interesting that it got shot up..or not really that intersting. I haven{t even looked at the companies, so I wont say anything, but its not surprising considering the general quality of character that makes up the junior mining world. You can read the vancouver sun article here.


And, just a quick search came up with this...which the Vancouver Sun article failed to include..and guess what, its from stockhouse. read it here for a little more info on his past.



Mr. More was a top-producer at Canaccord Genuity Corp. until 2008, when he left the brokerage business and became a promoter. He is a director of three companies, Aldrin, Mira Resource Corp. and Athabasca Nuclear Corp. At the time of the shooting he was believed to be in Saskatchewan, where Athabasca has a drill program under way.

He has also served on the board of at least one OTC Bulletin Board company, Mainland Resources Inc. Unlike the TSX-V companies for which Mr. More is a director, Mainland has attracted some controversy. On Dec. 9, 2013, the Investment Industry Regulatory Organization of Canada launched an enforcement action against Mr. More’s sister, Nicola More, for dealings associated with the company.

IIROC claimed that Ms. More, who was an adviser with Canaccord at the time, disclosed confidential client information to people not authorized to receive it. The recipients included her brother (only identified as “JM”) and an individual IIROC only identified as “BP.” (IIROC said that BP had a serious regulatory history. The description of that history matches that of Brent Pierce.)
Read more at http://www.stockhouse.com/companies/bullboard/v.aln/aldrin-resource-corp#AD9cDpkJBGvz153R.99
Mr. More was a top-producer at Canaccord Genuity Corp. until 2008, when he left the brokerage business and became a promoter. He is a director of three companies, Aldrin, Mira Resource Corp. and Athabasca Nuclear Corp. At the time of the shooting he was believed to be in Saskatchewan, where Athabasca has a drill program under way.

He has also served on the board of at least one OTC Bulletin Board company, Mainland Resources Inc. Unlike the TSX-V companies for which Mr. More is a director, Mainland has attracted some controversy. On Dec. 9, 2013, the Investment Industry Regulatory Organization of Canada launched an enforcement action against Mr. More’s sister, Nicola More, for dealings associated with the company.

IIROC claimed that Ms. More, who was an adviser with Canaccord at the time, disclosed confidential client information to people not authorized to receive it. The recipients included her brother (only identified as “JM”) and an individual IIROC only identified as “BP.” (IIROC said that BP had a serious regulatory history. The description of that history matches that of Brent Pierce.)
Read more at http://www.stockhouse.com/companies/bullboard/v.aln/aldrin-resource-corp#AD9cDpkJBGvz153R.99
Mr. More was a top-producer at Canaccord Genuity Corp. until 2008, when he left the brokerage business and became a promoter. He is a director of three companies, Aldrin, Mira Resource Corp. and Athabasca Nuclear Corp. At the time of the shooting he was believed to be in Saskatchewan, where Athabasca has a drill program under way.

He has also served on the board of at least one OTC Bulletin Board company, Mainland Resources Inc. Unlike the TSX-V companies for which Mr. More is a director, Mainland has attracted some controversy. On Dec. 9, 2013, the Investment Industry Regulatory Organization of Canada launched an enforcement action against Mr. More’s sister, Nicola More, for dealings associated with the company.

IIROC claimed that Ms. More, who was an adviser with Canaccord at the time, disclosed confidential client information to people not authorized to receive it. The recipients included her brother (only identified as “JM”) and an individual IIROC only identified as “BP.” (IIROC said that BP had a serious regulatory history. The description of that history matches that of Brent Pierce.)
Read more at http://www.stockhouse.com/companies/bullboard/v.aln/aldrin-resource-corp#AD9cDpkJBGvz153R.99


Mr. More was a top-producer at Canaccord Genuity Corp. until 2008, when he left the brokerage business and became a promoter. He is a director of three companies, Aldrin, Mira Resource Corp. and Athabasca Nuclear Corp. At the time of the shooting he was believed to be in Saskatchewan, where Athabasca has a drill program under way.

He has also served on the board of at least one OTC Bulletin Board company, Mainland Resources Inc. Unlike the TSX-V companies for which Mr. More is a director, Mainland has attracted some controversy. On Dec. 9, 2013, the Investment Industry Regulatory Organization of Canada launched an enforcement action against Mr. More’s sister, Nicola More, for dealings associated with the company.

IIROC claimed that Ms. More, who was an adviser with Canaccord at the time, disclosed confidential client information to people not authorized to receive it. The recipients included her brother (only identified as “JM”) and an individual IIROC only identified as “BP.” (IIROC said that BP had a serious regulatory history. The description of that history matches that of Brent Pierce.)
Read more at http://www.stockhouse.com/companies/bullboard/v.aln/aldrin-resource-corp#AD9cDpkJBGvz153R.99

Monday, March 17, 2014

BanPro is broke

You heard it here first (all of my 4 unique readers a day) BanPro Grupo Promerica (one of the banks here in Nicaragua) is broke.


I thought they were just messing with me, not giving me the money I foolishly deposited into the bank so I got a number of reporters to go in and publicize the story on the radio. It was meant to be just a 30 some odd minute segment but the station was flooded with calls from viewers stating that they too are having the same issue.


The bank, at least the one here in Granada, has been embargoed from receiving any deposits or opening up new accounts. Of course, they already weren't giving people their money so their activity has been reduced to nothing.


Now, the government backed FOGADE (the deposit insurance) only covers up to a measly 10k across all banks accounts. Lots of people will loose a lot of money here.


Another well run bank


Sbb breakout

Well, the sabina chart has shown a nice break above the $1 mark. Its by more than the 3% of price that I like to use as one piece of confirmation.


California Gold Corp Hilarity

As can be seen, there are a couple of companies I like to pick on and Mexivada being one of them. If you would like to know why, read some of my previous posts on them, if your too lazy to read my previous posts  on the matter (and I don't blame you because I'm to busy to provide the link) they are basically run by one old asshole who options out parts of the desert in Nevada and collects the thirty some odd grand  option payment he receives from other juniors. Kinda like a cheeky real estate company. Oh yea, they also been halted since forever (still collecting "management and general administration costs" though)


Anyhow, one of their moose pastures is optioned to an OTT stock called California Gold Corp (CLGL), who announced a few days ago that the company has "completed a proposed private placement and will continue operations as MV Portfolios". Well, I'm not sure if the company is called MV Portfolios as stated in the title, or MVP Portfolios as stated in the rest of the news release. Lets go with MVP.


MVP doesn't even have a website. A search of their name comes up with the California gold corp news release, not a website or anything else to give the impression that they actually do anything. Fortunately Corporatewiki.com exits. Interestingly enough




"Mvp Portfolio LLC filed as a Florida Limited Liability in the State of Florida on Friday, July 26, 2013 and is approximately one year old, according to public records filed with Florida Department of State. The filing iscurrently active as of the last data refresh which occured on Sunday, September 01, 2013.Key People."





"William Meadow serves as the Manager and has interests in other corporate entities including Visre Inc, National Image Link, Inc. and seven more corporations. William's past corporate affiliations include Top FUNDS1, LLC, Digital Design, Inc. and seven others."


Interestingly enough, California Gold Corp does not list any directors or management on its website (actually it doesn't say a whole lot of anything) but with a little bit of looking it turns out that William Meadow was director.






So now, we get this great piece of hilarity. You can't make this up. this is a excerpt from this press release posted on the CLGL stockhouse page....






JACKSONVILLE, FL--(Marketwired - Mar 17, 2014) - Visual Real Estate, Inc., a wholly-owned subsidiary of California Gold Corp. (OTCQB: CLGL) and company founded by Jacksonville inventor and entrepreneur William Meadow, today announced that it has filed a patent infringement lawsuit against Google Inc. in the United States District Court for the Middle District of Florida. The lawsuit claims infringement of three of Visual Real Estate's patents: U.S. Patent number 7,389,181, entitled "Apparatus and Method for Producing Video Drive-By Data Corresponding to a Geographic Location";Read more at http://www.stockhouse.com/news/press-releases/2014/03/17/visual-real-estate-inc-files-patent-infringement-lawsuit-against-google-inc#xuGZZIvuhCHZeUmD.99|