SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : MIDL .... A Real Sleeper

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rande Is who wrote (4078)8/19/1998 11:28:00 PM
From: Jack of All Trades   of 7039
 
Rande and All please read...

America's Coffee Cup go's under after having problems with Ralphs Stores their largest customer.

MIDLAND INC 8-K
Filing Date: 12/23/96

On December 20, 1996, the registrant hereunder, America's Coffee
Cup, Inc., a Colorado corporation ("ACC"), entered into a Letter of
Agreement to Purchase (the "Purchase Agreement"),with Club Rouge,
Inc., a Nevada corporation ("Club Rouge"), and it shareholders (the
"Club Rouge Shareholders").

The above deal falls through.

They now aquire the following:

MIDLAND INC 10KSB
Filing Date: 5/9/97

Mega-Hell and Mill Agro Acquisitions:

On February 18, 1997 (the Closing Date), the Company executed,
delivered and closed under a Plan and Agreement of Purchase (the
Purchase Agreement) with the shareholders (the Shareholders) of
MILL-AGRO (HELLAS) SA, a Panamanian company, and MEGAHEL
NAUTICAL SA, a Greek company (both of which business entities
are collectively referred to herein as the Subsidiaries), whereby
the Company acquired from the Shareholders all of the outstanding
proprietary interest of these entities, thereby making them
wholly-owned subsidiaries of the Company. The Subsidiaries have
now changed, or will forthwith change, their names to Midland
Steamship SA and Midland Agricultural SA. In turn, the Company
changed its name from America's Coffee Cup, Inc., to Midland,
Inc.
....
The newly constituted Board of Directors then appointed (i) Mr.
Traios as Chairman of the Board of Directors and as Chief Executive
Officer and President, (ii) Mr. Marsik as Executive Vice-President,
Chief Financial Officer and Treasurer, (iii) Mr. Stidham as
Executive Vice-President (Managing Director) of North American
Shipping and Trading Operations, (iv) Mr. E. Robert Barbee as
Vice-President and (v) Mr. Pierce as Secretary.


The aquisition gets RECINDED and yes I beleive NHSA could be the same Greek shipping company still wanting to go public.
Chris Traios must be one and the same, this is where I understand Mr. Marsik wanted control and Mr. Traios had control.

MIDLAND INC 10KSB/A
Filing Date: 9/10/97


The Company, the Shareholders and the Subsidiaries subsequently
rescinded the Purchase Agreement under applicable federal
securities laws effective the date of the original acquisition;
thus, for legal and accounting purposes it is as if the acquisition
had never taken place. The recission resulted in (i) the return of
all Series A and Series B Preferred Stock issued in the acquisition
of the Subsidiaries and (ii) the resignation of Mr. Traios from the
Board of Directors and from all officerial positions which he held
with the Company. Mr. Marsik then assumed the positions of
Chairman of the Board of Directors, Chief Executive, Financial and
Accounting Officer, President and Treasurer.


From here my guess is CNHH is an open shell looking for assets and revenues just as we are today. Noble House SA as it is now called still looking to go public so the ink a letter of intent with CNHH

fast.quote.com

From here CNHH aparently wants to get into the oil business

fast.quote.com

And continues going after the oil services business

fast.quote.com

And continues this strategy

fast.quote.com

This is probably why the didn't want Noble House SA IMO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext