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 : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?


To: Coachman who wrote (4950)10/13/1999 2:10:00 PM
From: StockDung  Read Replies (1) | Respond to of 10354
 
Coachman, maybe you could tell me what the "B.C." stands for in B.C. Trucking, Inc?

Loraca International, Inc. ("Loraca") is a financial services holding company.
It was formed on March 11, 1996, as a Nevada corporation and currently operates
a mortgage bank through its wholly-owned subsidiary, NMMC, Inc. ("NMMC," and
together with Loraca, the "Company"), headquartered in Lake Oswego, Oregon. NMMC
is a New Mexico corporation which was formed on March 28, 1986, under the name
B.C. Trucking, Inc. In 1991, NMMC commenced loan originations and changed its
name to New Mexico Mortgage Co., Inc. In December 1998, the name New Mexico
Mortgage Co., Inc. was changed to NMMC, Inc. NMMC is currently focused on the
origination and sale of non-prime mortgage products in certain western states
and is doing business as New Mortgage Millenium Corp. All of the outstanding
capital stock of NMMC was acquired by Loraca in a purchase transaction on
February 23, 1998.



To: Coachman who wrote (4950)10/13/1999 3:13:00 PM
From: StockDung  Read Replies (2) | Respond to of 10354
 
By: Coachman
Reply To: None Wednesday, 13 Oct 1999 at 3:04 PM EDT
Post # of 11571


This is plainly a smear campaign being propagated against the Company. All of their "data" is publicly accessible information. The problem is it's easy to twist the presentation in order to accomplish their agenda. Think of them as a different breed of "spin doctors". Essentially, they make money on stocks that go down in price. The more shareholders they persuade to sell a stock, the more the stock falls and bingo: Short selling bashers profit. It's all about the profit…their profit!

Well Lookie here;

Transactions Involving Capital Stock
tenkwizard.com.
In conjunction with the acquisition of NMMC, Loraca issued a total of
6,200,000 shares of its common stock during the year ended December 31, 1998.
In February 1998, Loraca issued 2,100,000 shares of its common stock ("Common
Stock") to Mr. Baca in exchange for 100 percent of the outstanding shares of
NMMC's common stock. In connection with the acquisition of NMMC, the Company
acquired $173,848 in cash. Loraca also issued 4,100,000 shares of Common Stock
to acquire 1,000,000 shares of the common stock of ZiaSun. The shares of ZiaSun
common stock acquired were valued at $2,125,000.

Sales of Marketable Securities

During the six months ended June 30, 1999 the Company sold 179,000 shares of
ZiaSun Common Stock, generating a gain on sale of $1,906,435. In addition, in
May 1999 the Company transferred 41,000 shares of ZiaSun common stock, with a
market value of $645,750, to Mr. Baca in exchange for forgiveness of a like
amount of the principal and accrued interest on the note payable to Mr. Baca.
As of June 30, 1999, the Company held 495,000 shares of ZiaSun common stock with
an approximate market value of $4,160,970. The Company may liquidate additional
investment securities, as needed, to fund its working capital needs



To: Coachman who wrote (4950)10/13/1999 3:20:00 PM
From: StockDung  Respond to of 10354
 
You see Coachman, this is how these CRIM POS work, please notice Laraca mentioned. IAM is Lynn Briggs off shore boiler room. He had been selling these stocks even while he was president of ZSUN!!

Top>Business & Finance>Investments>Sectors>Consumer Cyclical>Recreational Products>TMOT (Titan Motorcycle Co.) Help - Add to My Yahoo! - Sign Out

messages.yahoo.com.

IAM stock
by: me_tak 25 of 555
IAM is a broker firm (International Managment), now obviously changed to Amber. They are specialized to hype OTC BB stocks. They buy cheap shares from companies (e.g. restricted shares), hype the stock and then find stupid investors to make them believe they are buying below market value. Mostly they operate off US. They tell you about the excellent perspectives of the stocks ......
ALL stocks went dramatically down after some time, even bankrupt.
List of their promoted stocks:
CQMT, KNGI (bankrupt), Fountain Fresh (has now a new name but still sucks), Bestway (renamed to ZSUN, internet stock, the only one I know of which did not participate on the internet mania), Laraca, Dynatec. There are some more, all of them already out of business.
They also promoted Titan. Hope this one will be the exception and can be able to pull off the bad spell.
Note: I have got burned by IAM very badly and I know many of others.
Good luck with Titan,
long
HP