I see it as well. We could have a runner.
FBCD - FBC Holding, Inc - Page 4
Motion to Appoint Receiver is continued to 06/29/2012 at 01:30 PM in this department.
CENTRAL JUSTICE CENTER MINUTE ORDER
TIME: 09:30:00 AM
JUDICIAL OFFICER PRESIDING: Glenda Sanders CLERK: Chona Ramos
BAILIFF/COURT ATTENDANT: Laura Fajardo
SUPERIOR COURT OF CALIFORNIA, COUNTY OF ORANGE
CASE NO: 30-2008-00114550-CU-BC-CJC CASE INIT.DATE: 11/10/2008
CASE TITLE: California Asset Recovery Solutions, LLC vs. Wave Uranium Holding
CASE CATEGORY: Civil - Unlimited CASE TYPE: Breach of Contract/Warranty
EVENT ID/DOCUMENT ID: 71485483
EVENT TYPE: Chambers Work
There are no appearances by any party.
Taking a wild shot in the dark but i am assuming the juiced up numbers and progress Chris has been touting, was put on the back burner until the confirmation from the courts.....So if or when some of the statements made in the last few PR's are announced the POP in the PP$ should have very lil resistance to hold it back.
LOOKING FORWARD TO UPDATES:
-development company to a revenue ready/building company
-our main revenue driving vehicle will be our new website/web portal/web application
-how our business plan will drive revenues thus resulting in significant long term shareholder growth.
-Todd Wahnish on board
Todd began his career in traditional hand-drawn cel animation, creating and directing hundreds of animated works for television. His animations have appeared on MTV, BET, FUSE, Cartoon Network, Adult Swim, Nickelodeon, PBS, TNT, TBS, the WB, Spike TV, The Tonight Show with Jay Leno and Saturday Night Live among others. He has worked with many of the world's top brands, including Coach and Google.
Todd attended Douglas Anderson School of the Arts and holds a BFA in Painting from the Atlanta College of Art. Residencies include the Association of Independent Colleges of Art and Design, NYSP.
Todd brings years of valuable experience in the toy industry to FBC Holdings. We are extremely excited about his work with the Aarting Collection at www.aartingcollection.com and the success that followed. The addition of Todd to FBC Holdings is just one more piece of the puzzle that is being put together to grow the company.
Steven Miller VP of Sales said of Todd Wahnish: "I am excited to welcome Todd aboard, he has been a constant source of industry insight. With his extensive background and constant drive to innovate, he will help develop a comprehensive plan to capitalize on the opportunities presented. Having worked with him in the designer toy industry I can vouch for his ability to create amazing results. Again, we are lucky to have him on board and look forward to great things."
FBC Holdings Provides Update of New Website and New Product
Jul 3, 2012 9:57:00 AM
NEW YORK, July 3, 2012 /PRNewswire/ -- (OTC Markets: FBCD) The Company would like to announce that the new landing page for the new Urtoice website has been completed and we have also completed planning and spec'ing out the website and coding has begun, Along the way to our launch, we expect to inform shareholders on the artists who have provided content. We feel that by catering to the artist and all their endeavors, be it toys, apparel, traditional art, etc, that we will provide a platform that today does not exist, and more importantly additional revenues to our company.
Also, we have completed the acquisition of the exclusive worldwide rights to an exciting new product in the extreme sports arena, which is already generating some excitement and which we will announce in a video within the next couple weeks. We anticipate this product to be another major source of revenue for the Urtoice and one that can grow significantly. Visit www.urtoice.com and sign up for updates.
1 The Reporting Person currently owns 13,648,698 shares of the Issuer’s common stock. Pursuant to certain loan arrangements between the Reporting Person and the Issuer, the Reporting Person has the right at any time to convert debt owed to it by the Issuer into shares of the Issuer’s common stock, but in no event may the Reporting Person convert debt into equity that would allow it to beneficially own in excess of 9.9% of the Issuer’s outstanding common stock. As of the date hereof, the Issuer has a total of 25,998 authorized and unissued shares. Unless and until such time as the Issuer increases its number of authorized shares of common stock, the Reporting Person may only convert additional debt into equity equal to a maximum of 25,998 shares of the Issuer’s common stock.
On November 11, 2011, we issued a total of 19,100,000 shares to Capitoline Ventures II, LLC, in exchange for consulting services. The value placed on these shares was $0.01 per share. The shares were restricted in accordance with Rule 144. The issuance was exempt from registration pursuant to Section 4(2) of the Securities Act of 1933, and Capitoline Ventures II, LLC, is a sophisticated investor and familiar with our operations.
Definition of 'Rule 144'
A Securities and Exchange Commission rule that sets the conditions under which restricted, unregistered and control securities can be sold. These are the five conditions that must be met for these securities to be sold:
1. The prescribed holding period must be met.
2. There is an 'adequate' amount of current information available to the public regarding the historical performance of the security.
3. The amount to be sold is less than 1% of the shares outstanding and accounts for less than 1% of the average of the previous four weeks' trading volume.
4. All of the normal trading conditions that apply to any trade have been met.
5. If wishing to sell more than 500 shares or an amount worth more than $10,000, the seller must file a form with the SEC before the sale.
As of July 6, 2012, there were 257,419,391 shares of common stock, issued and outstanding
On April 6, 2012, we entered into a license agreement with Sport Technology, Inc., a California corporation, under which we acquired the exclusive licensing rights to develop, market and sell certain products owned by Sport Technology, including, but not limited to, Flowboard, Flow Saucer, and Snowskate. The agreement grants us the exclusive, worldwide rights for five years.
We also entered into a consulting agreement with Sport Technology Inc. and Michael Kern, under which Sport Technology and Michael Kern will provide consulting services related to the development, marketing and sale of the licensed products.
Does not take a lot of volume to move down here. We will be back at .002 in no time next week, Interesting to note how these markets are played. They take em down on LOW volume collect from im-patient investors and BAAAM rockets right back-up......Iam still eyeing ..003 here shortly. Herd should start to FLOCK this way very soon. Lots of potential...Check back for some DD.
Tiiiight SS was confirmed on that last "Q" no reason to stay these levels.....