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Microcap & Penny Stocks : NAUGHTY NOTES-SHORT TERM STOCK TRADING IDEAS -- Ignore unavailable to you. Want to Upgrade?


To: NAUGHTY NOTES who wrote (659)9/27/1999 4:20:00 PM
From: Golf Pro6  Respond to of 751
 
I assume you're talking about GAB-V, NN. A roll would be painful in the short run but might bring greater rewards in the longer term. What I have heard is that the trouble-makers are on the way out, can you confirm this rumour? GP6



To: NAUGHTY NOTES who wrote (659)9/30/1999 9:26:00 AM
From: CIMA  Read Replies (1) | Respond to of 751
 
MBHC - Annual General Meeting Notes:

ragingbull.com

By: bruceski
Reply To: 1247 by tusneem Thursday, 30 Sep 1999 at 8:16 AM EDT
Post # of 1250

Meeting Details part #1 (may only be one part but may be more but still trying to organize info). I was up most of the night thinking about this so I decided I might as well get start.

I am going to summarize announcements here first because some of the most exciting things here. Anyone who was at the meeting can correct me if I mistate any information as I was taking notes to the best of my ability. I am a chemical engineer not a secretary so there may be some details which may be missing but need to be filled in. I know 23766zee70 was there by the question he asked about my seating position. I also know Ramach and RobEm were present at the meeting as well. As for CAS, Lexington or anyone else I cannot say. There were around 50 people there (I actually tried to count) and no name tags or nicknames were used. Anything that is posted, should contain some piece of information that "prove" you were there. The previously mentioned posters can verify the validity of the posts and I will try to as well. If no information is given (that only someone at the meeting would know) I would disregard the message. That being said here is some details:

1) MBHC will be changing its name to National Institute Companies of America in January (NICA) - only mentioned because of its signficance in some announcements.

2) MBHC has been signed on by Strong Funds Mutual Funds to be the sole provider of estate planning for its customers with a net worth of over $250,000.
- strong-funds.com
- Stong Funds is a mutual fund managing over $30
billion in assets (go to there website to verify
I'm going by what was said at meeting and haven't
had a chance to check. I have no reason to doubt
what Maloney has said. Link is above.
- They had their first seminar with them on Tuesday
Sept. 28 which resulted in 23 people out of 78
people have asked to go to the next level. Without
going into too much detail, the next two levels are
where money comes in. Based on my notes, 50% of
those people will go to the next level at $1500
each minimum and of those another 50 % will go to
final step which averages $17,000 in Annualized
premiums. Results is $17,250 from next level and
$97,750 from the last level (based on either 15 or
30 year average) $115,000 total commission for this.
I spoke with Maloney after the meeting and he said
these are basically "consulting fees" and
therefore mostly profit. Makes sense to me.
3) On Oct. 7-8 MBHC will be giving the same presentation to 300 banks. Each bank would average 2.5 customers that make it to the final step. I didn't catch how many of those banks would sign.
4) MBHC is endorsed by the state banking associations in 7 states so far and should get approval for "two of the largest US States within a month"

5) MBHC expect to present 200 seminars in 2000 and genearte $15 Million dollars in commissions from these. I come up with $23 million if the results are same as Strong Fund ($115,000 x 200) but either is good by me since mostly profit. These revenues are from NICA alone.

6) MBHC is putting on a seminar for Oklahoma banks on Nov. 3 (sorry I didn't catch the number of banks that will be there)

7) These $15,000,000 in revenues are from the NICA portion of MBHC which is only one part. There is one division that has somethjing to do with software, and E-commerce division, and one that "could possibly" set up an E- loan type of business. My notes are vague on these but these divisions are not included in the $15 Million.

8) MBHC has signed a "non-binding letter of intent" to merge with Boomers.com (may or may not happen) which "would makes shareholders very happy" if it occurs. Boomers is getting 25,000 hits per day and is being compared to AARP for that age group. ( I personally think its a done deal but only my gut feeling)

9) The debt has been reduced from $3.229 Million when Kevin and Dennis took over to $452,000 ( not bad 6 months IMHO). There is still a $1.2 million debt from "Junk bonds" issued by previous management and the company expects to "break even or a littlke better" in 1999 (don't know what he date is)

10) The company will be fully reporting to the SEC and reports will be available on EDGAR.

11) I point blankly asked "do you expect to be NASDAQ listed or remain OTCBB" answer "we are hoping to be NASDAQ listed by the end of 2000 which requires a $5 per share price. We will be NASDAQ 30 days from when that occurs. I cannot tell that will or will not happen." ( my opinion is they feel that it will happen - others who were there comment as well.)

12) One other note that Maloney ouched on was his influx of capital into MBHC which he did not elaborate on. After the general Q & A session was over, I asked him and about that and he has invested $300,000 of his money into this company. It is not a loan but will show up in the financials which they hope to have in Oct. (primary holdup is getting GFP audited financials from them). Others were trying to ask him questions as well so I don't know if he is receiving stock, stock options, or what for his investment. Ramach and RobEm may have been there when asked as well so may have more insight. Botton line in my opinion is if he's willing to put $300,000 of his own money in there, I am willing to leave my $50,000 in there (he knows more than I do!!).

13) Financials are being worked on an "should be ready by end of Oct." With other information I don't really care about past financials but I am sure LEX will be here to bash about no financials at meeting.

I've got more notes to weed through and haven't even looked at the inforamtion packet yet so may try to follow up when I'm done with that. If you have any specific questions you can email me at h20wizdr@aol.com (first "0" is zero) and I will look through notes for the answer or contact the others to see if they have the answers. If the above information has made you WANT to invest in MBHC then you migh tas well sell because nothing will. That is alot of "stuff" to get done in 6 months. Hope this helps.

ragingbull.com

By: bruceski
Reply To: 1250 by 2376zee70 Thursday, 30 Sep 1999 at 9:14 AM EDT
Post # of 1251

Here are some more facts that may be of interest:

1) There are 1343 share holders and shares in float 19,650,000 total shares 34,000,000 with the "non float" shares restricted until January of 2001 Held "mostly by insiders". Don't know if this is current management, previous, or what. That fact that Maloney has "given" $300,000 to company to me means he's either getting stock or options and also indicates may be working "free" for future stock options. Just my guess there but figure he must be getting something from it and why give money to company to be paid right back?

2) One of MBHC / NICA's primary people is Jim Bermeister who is the Chairman of the National Instsitute fro Estate planning. He has been doing this since 1975 (not sure if chairman since then or been giving seminars. My noted say started in 1975 and also say 30+ years experience - either way he's big cheese!!

3)MBHC / NICA current focus is on Estate Planning for Banks and their cutomers to help them reduce tax liablities.

4) Jim Stated they have virtually no competition at this time which means they are the leader. (MBHC purchased NICA in Januray of this year FWIW).

5) One thing that also caught my attention was they have been asked in the past to manage over $1.7 billion in assets by banks and have always turned it down because it was not their niche. Kevin stated they will be focusing on this as well. Don't know what that means but someone has major confidence in co.



To: NAUGHTY NOTES who wrote (659)10/2/1999 10:04:00 AM
From: David Michaud  Read Replies (1) | Respond to of 751
 
AVQ.AL is waiting for more News.

There are rumors circulating now that the company is close to a deal to be a wholesale supplier to a retail chain in the U.S., which would prove to be a significant growth opportunity. Up until now, distribution has been limited as the company has focused on securing such deals. One should watch for news coming from the company next week, as it appears the company could be entering a new phase where distribution and sales could increase dramatically.
AVQ is currently a thin trader, though recent activity could signal the start of increased action.

desert-spring.com





To: NAUGHTY NOTES who wrote (659)10/11/1999 11:04:00 AM
From: TMAZZ  Respond to of 751
 
Naughty,

Do you still have a vested interest in Ivynet, have you reduce your holdings?
Ar you looking at increase your holdings? What's the short-term outlook for Ivynet IYHO!

best Regards

Tony Mazz!



To: NAUGHTY NOTES who wrote (659)10/21/1999 10:16:00 PM
From: Hart  Respond to of 751
 
Greetings Naughty Notes.

RUXR up today..

i didn't sell because of oversight - SI doesn't allow otc-cdn stocks in my portfolios. I have 10k at 8.5c avg

I traded ruxr twice and loss both times during the last run up in jul99 ... for this reason i will wait for the weekend to decide. Yes, I am a sucker. But 18c will be my overall breakeven for RUXR-1999 and even let me buy lunch ... at McDonalds.

c.kaz - good run these last few days and i'm sorry i missed 0.87 ... I have 500 at 1.52 avg. I want more but am cash-poor now, and I fear I missed the boat on doubling up etc. Honestly - I stayed away from this stock because of hype from certain people on SI who have the anti-midas touch and were promoting this one.

t.dio - I have no real reason to like this stock, as I had a pissload back when my avg cost was 19cent, and i sold balance at 85cent before the run -- yet i seem to keep trading it with small quantities. Now only have 400 at 1.99 avg and guess I should have waited. I suspect the sheer quantity of the news releases to be the key for comeback of the stockprice - not the actual issues of the court cases, regardless of the outcome - who really cares anyway?

my "other stupid picks", in case I come back years from now and need a good laugh .. c.heg,c.biv,v.cvb,v.ilf,c.sv,c.utx.a,v.soe.t.cdw,q:nbet

my "if only i had cash picks", before the price gets too unaffordable .. t.bii,t.kob,t.jdx,t.cdv,pcntf,more c.heg

my "If i had any brains pick" i'd cash everything in as soon as I was even and place it all into the money market fund.

Thanks for the space to let off steam.
Take care.
HART

PS: has anybody ever heard about, invested in, or reviewed the Trafalgar Index Software program? If so, please PM me with your comments.
Thanks.



To: NAUGHTY NOTES who wrote (659)11/3/1999 12:27:00 AM
From: CIMA  Read Replies (1) | Respond to of 751
 
OT: Run into any stolen welding trucks at 3 AM recently?<eom>